Facebook review, page-37

listen to any top fund manager or value investor, the hardest thing is getting set and then waiting for the market to agree with your view. sometimes it can be 3 months other times it can be 3 years or longer depending how many steps ahead of the market you are. because the longer you wait the harder it is for your mind to distinguish between your position just being set too early or whether you have actually made the wrong choice.

i personally think we are within 6 months of moving. any stock needs a catalyst whether its sales, net profit (which appears to be ours) or contracts etc

someone asked for downside scenarios:
- i think we will have a $1.5m funding gap in the next year, this will hopefully be met by a debt facility
- growth slowing, although this will help the first point

i am sure there are more, but i agree this is a simple and safe (ish)