We’re going to see Hearst Castle.
It was built by William Randolph Hearst
We can’t help but think of Mark Zuckerberg and Facebook
Mr. Hearst had the largest newspaper and company in the world in the 1920s
People in those got the news thanks to Mr. Hearst
People today get the news from Mr. Zuckerberg’s companies
Facebook (FB), Instagram and WhatsApp
Citizen Kane was a movie based on Mr. Hearst’s life
It’s considered one of the best movies ever made
“The Social Network” was based on Mr. Zuckerberg’s life
It showed how Facebook was created.
Mr Hearst’s companies were known for made up interviews
Facebook has been criticized lately for “fake news”
We think the parallels are interesting
Facebook will report earnings February 1st.
It will be “newsworthy” if it has an earnings miss
After all, it’s had 14 straight beats
We “like” Facebook as an earnings play!
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