{"id":56101,"date":"2021-10-29T15:55:18","date_gmt":"2021-10-29T19:55:18","guid":{"rendered":"https:\/\/www.technologyinvestor.com\/?p=56101"},"modified":"2021-10-29T15:55:18","modified_gmt":"2021-10-29T19:55:18","slug":"is-meta-really-betta-watch-out-for-delta-its-not-betta-its-worse-the-logic-of-hanging-in-despite-the-fluctuations","status":"publish","type":"post","link":"https:\/\/www.technologyinvestor.com\/?p=56101","title":{"rendered":"Is Meta Really Betta? Watch out for Delta. It&#8217;s not betta. It&#8217;s worse. The logic of hanging in, despite the fluctuations."},"content":{"rendered":"<p style=\"text-align: center;\">Please read this blog in your browser. Click <a href=\"https:\/\/www.technologyinvestor.com\/\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\">I don&#8217;t quite know what happened today&#8230;. Oh heck, I write that same nonsense every time the market goes up or down. See down below.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Facebook confounds, again<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">$10 billion and 10,000 people. That&#8217;s what Zuck intends to invest, mostly this year, in creating the Metaverse.\u00a0 He&#8217;s serious. \u00a0That&#8217;s a huge amount of money.<\/p>\n<p style=\"text-align: left;\">Zuck is re-inventing Facebook (now called Meta), once again.<\/p>\n<p style=\"text-align: left;\">Think of the Metaverse as three-dimensional Internet &#8212; to be seen initially in entertainment, gaming and social interaction (being with your friends virtually).<\/p>\n<p style=\"text-align: left;\">When I watch an Apple presentation, I end up buying something &#8212; a phone, a watch, a set of airpods.<\/p>\n<p style=\"text-align: left;\">When I watched (for hours) Facebook&#8217;s many Metaverse presentations yesterday, I couldn&#8217;t find anything to buy. Niente. Nothing.<\/p>\n<p style=\"text-align: left;\">Today, after much overnight mulling,\u00a0 I have no idea if the Metaverse is bullish (or not) for Facebook&#8217;s stock, now labeled on my Fidelity screen as &#8220;Meta Platforms Inc.&#8221;<\/p>\n<p style=\"text-align: left;\">It&#8217;s a huge gamble.<\/p>\n<p style=\"text-align: left;\">Some words I heard: &#8220;It&#8217;s the feeling of presence. You&#8217;ll feel like you&#8217;re there. There&#8217;ll be\u00a0avatars &#8212; as common as your static photos in your Facebook\u00a0home space. You&#8217;ll be able teleport from your home to wherever you want.&#8221;<\/p>\n<p style=\"text-align: left;\">I am not betting against Zuck.<\/p>\n<p style=\"text-align: left;\">For a good review, read today&#8217;s New York Times piece, &#8220;<em>Is Meta Really Betta<\/em>?&#8221; Click <a href=\"https:\/\/www.nytimes.com\/2021\/10\/28\/technology\/facebook-meta-name-change.html?searchResultPosition=1\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><strong><span style=\"color: #0000ff;\">The worldwide virus<\/span><\/strong><\/p>\n<p style=\"text-align: left;\">Just under 5 million people have died from covid. The vaccines largely prevent deaths. Deaths are hitting the unvaccinated.<\/p>\n<p style=\"text-align: left;\">What bothers me are:<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ You can catch covid even if you are vaccinated.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ You can catch and suffer &#8220;Long Covid.&#8221; Few know how debilitating it will be long-term.<\/p>\n<p style=\"text-align: left;\">Those two things frighten me.<\/p>\n<p style=\"text-align: left;\">The Delta variant emerged in India in late 2020. It&#8217;s very powerful, as shown in these two charts from Visual Capitalist:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56107\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/Delta-Variant-2.jpg\" alt=\"\" width=\"750\" height=\"305\" \/> <img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56108\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/Delta-Variant.jpg\" alt=\"\" width=\"750\" height=\"368\" \/><\/p>\n<p style=\"text-align: left;\">In short, despite being vaccinated, you need to continue to be ultra-careful.<\/p>\n<p style=\"text-align: left;\">There&#8217;s more information in the Visual Capitalist&#8217;s article &#8220;How Does the COVID Delta Variant Compare?&#8221; Click\u00a0<a href=\"https:\/\/www.visualcapitalist.com\/how-does-the-covid-delta-variant-compare\/?utm_source=Visual+Capitalist+Infographics+%28All%29&amp;utm_campaign=f45395ea89-EMAIL&amp;utm_medium=email&amp;utm_term=0_31b4d09e8a-f45395ea89-44270929\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Should I Mix or Match My Booster Shot?<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Health officials approved mix-and-match Covid booster shots, but didn\u2019t say whether it\u2019s better to switch vaccines or stick with your original shot.<\/p>\n<p class=\"css-axufdj evys1bk0\" style=\"text-align: left;\">Early studies have shown the mix-and-match strategy not only is safe and effective, but that mixing vaccines also can sometimes create a broader, more potent response than getting multiple doses of a single vaccine.<\/p>\n<p style=\"text-align: left;\">The scientific studies didn\u2019t show a clear winner, but did show that all the booster shots offered strong antibody response no matter what the combination.<\/p>\n<p style=\"text-align: left;\">That&#8217;s from the health correspondent of the New York Times. Read more <a href=\"https:\/\/www.nytimes.com\/2021\/10\/27\/well\/live\/covid-booster-shot-mix-and-match.html?searchResultPosition=1\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Theranos is an endless comedy show<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">Everyone knows the basic story: Elizabeth Holmes sold the world a company and a technology that didn&#8217;t work. Here&#8217;s a totally wonderful spoof of it. Enjoy.<\/p>\n<p><iframe loading=\"lazy\" width=\"690\" height=\"388\" src=\"https:\/\/www.youtube.com\/embed\/QBV7HRGM7ns?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe><\/p>\n<p style=\"text-align: left;\">Here&#8217;s a serious article about Theranos and the clip of an interview Ms. Holmes did in 2015 with Jim Cramer. He got suckered in bigtime. Click <a href=\"https:\/\/www.cnbc.com\/2021\/10\/26\/theranos-investor-betsy-devos-rep-says-elizabeth-holmes-misled-them.html?&amp;qsearchterm=devos\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Car thefts are exploding<\/strong><\/span><\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Don&#8217;t leave your keyless fob in your car.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Take out the key fob even when you are gassing up.<\/p>\n<p style=\"padding-left: 30px; text-align: left;\">+ Don&#8217;t leave your car running.<\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>PreCheck is worth every penny<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">It&#8217;s my best government program ever:<\/p>\n<p style=\"text-align: left;\">Travelers\u00a0apply online, schedule an appointment at one of the 380-plus enrollment centers to get fingerprinted and go through a background check. Then \u2014 if all goes according to plan \u2014 pay an $85 enrollment fee (coming down to $70) and spend the next five years speeding past the normal security line.<\/p>\n<p style=\"text-align: left;\">Best investment ever of $85.<\/p>\n<p style=\"text-align: left;\">The speeding may mean catching your plane or missing it &#8212; if you&#8217;re stuck in line with the traveling unwashed.<\/p>\n<p style=\"text-align: left;\">For more, read The Washington Post. Click <a href=\"https:\/\/www.washingtonpost.com\/travel\/tips\/tsa-precheck-global-entry-clear-better\/?utm_campaign=wp_by_the_way&amp;utm_medium=email&amp;utm_source=newsletter&amp;wpisrc=nl_bytheway&amp;carta-url=https%3A%2F%2Fs2.washingtonpost.com%2Fcar-ln-tr%2F351c747%2F617ae56e9d2fda9d4128e72c%2F596b24a09bbc0f403f8bf9d0%2F9%2F41%2F617ae56e9d2fda9d4128e72c\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>My dear friend\u00a0Mimi Levin Lieber just died<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">The New York Times just published a wonderful obituary of her important life. Click <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/www.nytimes.com\/2021\/10\/29\/business\/mimi-levin-lieber-dead.html?searchResultPosition=1\" target=\"_blank\" rel=\"noopener\"><strong>here.<\/strong><\/a><\/span><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>Wonderful art and cartoons from this week&#8217;s New Yorker<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">This is the cover:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56111\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/New-Yorker-Cover.jpg\" alt=\"\" width=\"606\" height=\"883\" \/><\/p>\n<p style=\"text-align: left;\">Here are some of the wonderful cartoons in today&#8217;s magazine:<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56112\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/the-finalists.jpg\" alt=\"\" width=\"350\" height=\"494\" \/><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56113\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/Desert-Water.jpg\" alt=\"\" width=\"401\" height=\"442\" \/><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56114\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/landline.jpg\" alt=\"\" width=\"400\" height=\"684\" \/><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56115\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/stanless-steel.jpg\" alt=\"\" width=\"500\" height=\"646\" \/><\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-56116\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/College-friend.jpg\" alt=\"\" width=\"550\" height=\"597\" \/><\/p>\n<p style=\"text-align: left;\"><span style=\"color: #0000ff;\"><strong>A glorious week<\/strong><\/span><\/p>\n<p style=\"text-align: left;\">It&#8217;s been a glorious week. Autumn leaves. Bright blue skies. Tennis every day. And pretty good gains in our tech stocks. I&#8217;ve updated our list of stocks we like and own. It&#8217;s in the right hand column on the web site. On this chart below notice the early part of this week was gruesome but it came back strongly the following day. Some of the reasons had to do with earnings. Some were good. Some disappointed.<\/p>\n<p style=\"text-align: left;\">Frankly, I&#8217;m sick of measuring my stocks up against Wall Street &#8220;consensus&#8221; and whether my earnings and sales beat or don&#8217;t beat consensus. The bottom line: Our tech stocks are growing very strongly. And growth is what determines share prices. Stick around in tech. It&#8217;s only going to get better.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56119\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/ixic-five-days-agian.jpg\" alt=\"\" width=\"653\" height=\"385\" \/><\/p>\n<p style=\"text-align: left;\">This is me enjoying Friday&#8217;s warm afternoon sun. It&#8217;s shaping up to be a great weekend.<\/p>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-56121\" src=\"https:\/\/www.technologyinvestor.com\/wp-content\/uploads\/2021\/10\/afternoon-shadown.jpg\" alt=\"\" width=\"329\" height=\"648\" \/><\/p>\n<p style=\"text-align: left;\">Silly picture. I thought it was &#8220;artsy.&#8221; Who knows. Maybe I can sell it as a NFT (Non Fungible Token)?<\/p>\n<p style=\"text-align: left;\">See you Monday. &#8212; <em>Harry Newton<\/em><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Please read this blog in your browser. Click here. I don&#8217;t quite know what happened today&#8230;. Oh heck, I write that same nonsense every time the market goes up or down. See down below. Facebook confounds, again $10 billion and 10,000 people. That&#8217;s what Zuck intends to invest, mostly this year, in creating the Metaverse.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-56101","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56101"}],"version-history":[{"count":12,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56101\/revisions"}],"predecessor-version":[{"id":56124,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=\/wp\/v2\/posts\/56101\/revisions\/56124"}],"wp:attachment":[{"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.technologyinvestor.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}