In what is going down as the biggest single-day drop in valuation, Meta (formerly Facebook) got ROCKED by disastrous Q4 earnings.
In my sport of Brazilian Jiu Jitsu, we have a saying: “Some days you’re the hammer and some days you’re the nail.” One day you can be on top of the world, beating everybody, and the next you’re the one getting your butt kicked.
It’s God (or the universe, depending on your beliefs) reminding you not to let your head get too big.
And while it’s great being the hammer, it’s pretty cruddy to be the nail–that is, until you realize that you can learn some valuable lessons on the receiving end of the hammering.
Let’s hope Mark Zuckerberg can keep that mantra in mind, because Meta (FB) just had its worst day ever, with stock down 25% as of this writing.
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