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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Graham Osborn who wrote (60546)	3/19/2018 3:26:06 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78748

I'm with you about Buffett not latching on to facebook. Back in the day, Buffett liked advertising agencies because they got their cut (about 15%) of ad revenue. Kind of a toll both - he said he liked that. If you wanted to advertise, you went with an advert agency. So like you, I don't understand how he couldn't or wouldn't have made the leap to FB with its great advertising revenue. Or maybe AMZN? --sell your product on AMZN and AMZN essentially is the advertising.