Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Google+: In the Minority

Posted by: Tom Keene on February 13, 2012

“It is the one sphere of life and activity where victory, security and success is always to the minority and never to the majority. When you find any one agreeing with you, change your mind. When I can persuade the Board of my Insurance Company to buy a share, that, I am learning from experience, is the right moment for selling it.”

—John Maynard Keynes as quoted by

Would “the Board of my Insurance Company” not buy shares in Facebook?

I am less than sure what the late Sir John Templeton would do. (I guess, pass.) I am certain Mr. Buffett would not buy the common shares. (He would insist on preferred shares with an appropriate cash flow.) And yet, whatever the price, the boat will be loaded.

I have read much of the S-1, skimmed the S-1(A) and read various reports.

Report this. Forget the Financials.

I spent most of the weekend using, learning and stumbling around Google+ (thank you Scoble & Jarvis for the nudge.)

Like strong renminbi, like Apple to the moon, like the Europe-in-flames short, long The Facebook is a no-brainer…a sure thing.

In the S-1, up front, there are listed Risk Factors. Add this one. Belief in Google+ is in the minority. Discuss.

Post a comment



EconoChat captures Tom Keene's thoughts on economics, finance and investment. He is editor-at-large for Bloomberg News and hosts Bloomberg Surveillance and Bloomberg on the Economy on NYC1130, Sirius 129 and XM 130 and Surveillance Midday on Bloomberg Television. His complete interviews are at Tom Keene on Demand. Look for Tom on twitter @tomkeene

Recent Posts

BW Mall - Sponsored Links

Buy a link now!