Few people know how the acronym FAANG for the five high-flying US tech companies Facebook, Amazon, Apple, Netflix, and Google came to pass. It was coined as FANG in 2013 by Mad Money host Jim Cramer and Apple was added to the acronym in 2017. But as so often is the case in investing (and with Jim Cramer’s recommendations), the performance after the concept was popularised declined.
Good post! From all of them I'm the most curious about google. Who is a walking atm machine but hasn't been able to launch anything people really want since perhaps Android OS. Regardless it's very hard to imagine (for me) how their search monopoly goes away without gov intervention.
Good post! From all of them I'm the most curious about google. Who is a walking atm machine but hasn't been able to launch anything people really want since perhaps Android OS. Regardless it's very hard to imagine (for me) how their search monopoly goes away without gov intervention.