By the Numbers

I hear reports of this, but it's been redacted by many sources, so it might be bullshit.

Anyone hear anything about this?  Looks interesting, but the site has very limited information at the moment.

Just an update on FB.  Since IPO the price has DROPPED to: ~20 USD (currently 19.05).  So, obviously the P/E has gone down, right?

Wrong, Wrong, Wrong.  We are at a lovely P/E of... 106.35!  Which means earnings have dropped like mad.  

Let's do a quick comparison:

FB - 4B revenue, Price $20 USD, P/E: 105, Market Cap: $40 B

Oh wait... I can't find anything to compare it to... there is NOTHING like FB.  Does this justify the high price of the stock?  No freaking way, so the question really is: "What price would you buy in at?"

With an estimated PE of 80, FB class A stock with a price of 38 dollars a share is ridiculous.  Do a comparison of revenue vs stock price for almost any company.  That said, I definitely thought the price would spike higher then it did the first day.  There was even a sell off the day before (I thought people were liquidating so they could open FB positions the next day).  Nope, missed it.  I estimated that FB would close at 45 its first day: WRONG.  

So, free online courses are the rage today.  This one is pretty cool.  Great online videos, interactive quizes, ect.  This course on Machine Learning comes out of Standford, and is of the quality you would expect.

http://quant.stackexchange.com/