{"id":26269,"date":"2021-02-11T04:38:03","date_gmt":"2021-02-11T04:38:03","guid":{"rendered":"https:\/\/adamfayed.com\/?p=26269"},"modified":"2023-11-24T10:30:46","modified_gmt":"2023-11-24T10:30:46","slug":"is-it-time-to-short-the-fang-stocks","status":"publish","type":"post","link":"https:\/\/adamfayed.com\/es\/stock-markets\/is-it-time-to-short-the-fang-stocks\/","title":{"rendered":"\u00bfHa llegado el momento de ponerse corto en los valores FANG?"},"content":{"rendered":"<p>A menudo escribo respuestas en Quora, donde soy el autor m\u00e1s consultado sobre inversi\u00f3n, riqueza y finanzas personales, con m\u00e1s de 243,2 millones de visitas en los \u00faltimos a\u00f1os.<\/p>\n\n\n\n<p>En las respuestas que figuran a continuaci\u00f3n, extra\u00eddas de mis respuestas en l\u00ednea en Quora, me centro en una serie de temas, entre ellos:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>\u00bfHa llegado el momento de ponerse corto en los valores FANG despu\u00e9s de la gran racha que han tenido, y los vientos en contra que se avecinan, incluyendo nuevas regulaciones e impuestos? Explico por qu\u00e9 las perspectivas de crecimiento siguen siendo buenas, lo que hace que ponerse corto sea un juego perdedor, pero no hay que poner todos los huevos en esa cesta.<\/li><li>\u00bfQu\u00e9 tipo de mentalidad caracteriza a las personas de \u00e9xito?<\/li><li>\u00bfQu\u00e9 hace que Silicon Valley sea tan especial en comparaci\u00f3n con otros lugares?<\/li><li>\u00bfQu\u00e9 espera la mayor\u00eda de la gente de la inversi\u00f3n? Hablo de tres grupos de personas: los realistas, los excesivamente precavidos y los demasiado optimistas. Explico por qu\u00e9 el realismo es la clave.<\/li><li>\u00bfQu\u00e9 es la Bolsa en t\u00e9rminos sencillos y puede invertir en ella un joven de 16 a\u00f1os?<\/li><\/ul>\n\n\n\n<p>Si quieres que responda a alguna pregunta en Quora o YouTube, o est\u00e1s buscando invertir, no dudes en<a href=\"https:\/\/adamfayed.com\/es\/#contact-me\">&nbsp;p\u00f3ngase en contacto conmigo<\/a>, correo electr\u00f3nico (advice@adamfayed.com) o utiliza la funci\u00f3n de WhatsApp que aparece a continuaci\u00f3n.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>Which one is the most common mindset among successful people, and why?<\/strong><\/h4>\n\n\n\n<p>Fuente: <a href=\"https:\/\/www.quora.com\/What-kind-of-mindset-is-common-to-every-successful-person\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.quora.com\/What-kind-of-mindset-is-common-to-every-successful-person\" rel=\"noreferrer noopener nofollow\">Quora<\/a><\/p>\n\n\n\n<p>Firstly, I would say people who are successful are more likely to know what they want.<\/p>\n\n\n\n<p>They are less likely to be influenced by how society, friends and family defines success.<\/p>\n\n\n\n<p>Ultimately, success for Person A might be different to for Person B, and you need to know what you want.<\/p>\n\n\n\n<p>Once you know what you want, focus is key, provided it is focus for the long-term (persistence).<\/p>\n\n\n\n<p>Knowing what you want, and going after it in a focused and persistent way is one of the keys to success.<\/p>\n\n\n\n<p>The mindset behind that is never giving up and not caring too much about what other people think, and not allowing criticisms to hold you back.<\/p>\n\n\n\n<p>Wasting time worrying about what random people think is pointless and a lot of the criticisms are emotional, as this quote says:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.fs.quoracdn.net\/main-qimg-54fda3b952045bc8225075f5e9eac490\" alt=\"\"><\/figure>\n\n\n\n<p><strong>Beyond that some other commonalities are<\/strong><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Successful people are less likely to blame other people for their situation and more likely to take personal responsibility.<\/li><li>They are less likely to be envious. Many people criticise rich people but want to be rich themselves. Many people criticise the smartest kid in the class, but want to be more intelligent or able themselves.<\/li><li>People who are successful are also more focused on their personal mental and physical health.<\/li><li>People who become financially successful aren\u2019t always 100% focused on the money on day one. They are more likely to focus on solving problems for others and monetising that.<\/li><li>Successful people are more likely to focus on the long-term and delay gratification<\/li><li>People who reach financial success are more likely to think \u201cwhat can this money earn me\u201d (long-term focus again), rather than \u201cwhat can this money buy me\u201d. Most people think \u201chow would I spend a lottery win\u201d and not \u201chow could I invest this to produce regular cashflow\u201d.<\/li><li>A growth and abundance mindset. Successful know there is plenty of money and opportunities to go around in the world. That is very different to a fixed mindset.<\/li><li>More successful people are just as motivated by gaining something as losing something. Most people play it safe for fear of losing. That can manifest itself in preferring to save rather than invest, because saving removes the worst case scenario. That can also manifest itself in not changing jobs, cities or making any worthwhile change. The best things happen when you get out of your comfort zone. That doesn\u2019t mean taking silly risks, but calculated risk taking is key.<\/li><li>Successful people are more likely to break norms and be mavericks. Abnormal actions are more likely to have abnormally good results.<\/li><li>Successful people are more likely to be grateful but also increase their ambitions and never be 100% satisfied. You see this in sport. Some people go on a \u201ccelebration binge\u201d after every victory. Others just move onto the new challenge.<\/li><\/ol>\n\n\n\n<p>This isn\u2019t an extensive list of course.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What makes Silicon Valley special?<\/strong><\/h4>\n\n\n\n<p>Fuente: <a href=\"https:\/\/www.quora.com\/What-makes-Silicon-Valley-special\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.quora.com\/What-makes-Silicon-Valley-special\" rel=\"noreferrer noopener nofollow\">Quora<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.fs.quoracdn.net\/main-qimg-6b8c440e0d64b6c2d01d81e9878d722a\" alt=\"\"><\/figure>\n\n\n\n<p>Imagine it is the year 2003 or 2005. The founders of Instagram and Facebook came onto the Dragon\u2019s Den (the equivalent of Shark Tank in the US) in the UK and especially a place like France or Italy.<\/p>\n\n\n\n<p>What\u2019s the idea, the \u201cdragons\u201d ask? Well, an online photo album, says the founders of InstaGram.<\/p>\n\n\n\n<p>It is a place to add friends says Zuckerberg. So how will you make money, ask the dragons.<\/p>\n\n\n\n<p>Well from advertisement revenue. Could you imagine how much laughter there would have been at the idea that these firms could become billionaire, or even trillion, dollar companies?<\/p>\n\n\n\n<p>In the US, and especially Silicon Valley, there were people who were crazy enough to invest into these start ups before they became public companies.<\/p>\n\n\n\n<p>There is no way Zuckerberg and the like would have been able to raise even half the money had they been in the UK.<\/p>\n\n\n\n<p>In Italy, France and some mainland European countries they might not have raised 20% of what they did in the US.<\/p>\n\n\n\n<p>Some Asian cities like Shenzhen in China are trying to learn from this risk taking culture.<\/p>\n\n\n\n<p>Like anything though, there are negatives about this. Silicon Valley is full of venture capital money.<\/p>\n\n\n\n<p>There are some people calling themselves private businesspeople who have never grown a company organically.<\/p>\n\n\n\n<p>They are just focused on raising money with only a small percentage becoming successful.<\/p>\n\n\n\n<p>The high taxes and regulations, moreover, could kill the golden goose, as we are seeing with the exodus from California.<\/p>\n\n\n\n<p>Yet the basic point still holds.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What describes someone&#8217;s expected outcome from investing in the stock market?<\/strong><\/h4>\n\n\n\n<p>Fuente: <a href=\"https:\/\/www.quora.com\/unanswered\/What-describes-someones-expected-outcome-from-investing-in-the-stock-market\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.quora.com\/unanswered\/What-describes-someones-expected-outcome-from-investing-in-the-stock-market\" rel=\"noreferrer noopener nofollow\">Quora<\/a><\/p>\n\n\n\n<p>This very much depends on the person and how realistic there are.<\/p>\n\n\n\n<p>There are broadly a few categories of people.<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li><strong>The ultra conservative<\/strong><\/li><\/ol>\n\n\n\n<p>These people just want to preserve what they have by beating inflation.<\/p>\n\n\n\n<p>Some of these people are too cautious and have a high allocation to government bonds over stocks.<\/p>\n\n\n\n<p>A percentage of ultra conservative investors who are new to the market are actually surprised when they realise how much stocks have grown on average over time.<\/p>\n\n\n\n<p><strong>2. The ultra adventurous<\/strong><\/p>\n\n\n\n<p>On the other end of the extreme we have people who see the stock market as a get rich quick scheme.<\/p>\n\n\n\n<p>Because stocks like Tesla have done 700% in recent years, they think it will always be easy to make such money.<\/p>\n\n\n\n<p>These people tend to come in, and out, of the market. They come in during times like the 1990s and now, especially when it comes to Tech stocks:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.fs.quoracdn.net\/main-qimg-a4f17f52ef57fd9f70cc8e602fda3619\" alt=\"\"><\/figure>\n\n\n\n<p>They get out during 2000\u20132010, and especially 2008\u20132009, and early 2020 during the early stages of Covid.<\/p>\n\n\n\n<p><strong>3. The realistic<\/strong><\/p>\n\n\n\n<p>These people know that stock markets have performed excellently over time.<\/p>\n\n\n\n<p>The S&amp;P500 has done 11% since 1945, if dividends were reinvested, which is about 7.5% after inflation.<\/p>\n\n\n\n<p>This does result in a strong possibility of getting wealthy, or even very wealthy, slowly from investing, as the compounded returns are incredible.<\/p>\n\n\n\n<p>This group of people also tend to \u201cknow the score\u201d, and understand that some years and decades will give much better than average returns, with other periods giving sub par returns.<\/p>\n\n\n\n<p>Yet timing the market is fruitless.<\/p>\n\n\n\n<p>The last group of people tend to outperform the first two groups long-term.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u00bfHa llegado el momento de ponerse corto en los valores FANG?<\/strong><\/h4>\n\n\n\n<p>Fuente: <a href=\"https:\/\/www.quora.com\/Is-it-time-to-short-the-FANG-stocks\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.quora.com\/Is-it-time-to-short-the-FANG-stocks\" rel=\"noreferrer noopener nofollow\">Quora<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/qph.fs.quoracdn.net\/main-qimg-7a56afeb56a5b74279a2962969d41044\" alt=\"\"><\/figure>\n\n\n\n<p>I wouldn&#8217;t short the FAANG stocks for the following reasons:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Shorting is high-risk full stop for any asset class, and especially for ammeter investors. Yes, you can make a lot of money short-term, but it isn\u2019t easy to do it long-term<\/li><li>There is a huge growth story when it comes to technology. Yes there are headwinds. The stocks are already highly valued and there could be heavy regulation coming, anti-monopoly laws and anti-competition rules. Yet there are also very strong indicators as well. We are fast moving into a fully digital world. There are still billions of people globally who aren\u2019t on the internet or shopping online, the global population is increasing and getting richer over time. Coronavirus has stalled the later point, but it won\u2019t forever. Now we have 7.8 billion people. We will probably see 9billion-11billion before the global population peaks. A higher percentage of them will have more money than now as well, with almost everybody (one day) doing more things online.<\/li><li>We don\u2019t know, for certain, how long lockdowns and especially restrictions will last in many countries. We also don\u2019t know how consumer behaviour will change after the restrictions are fully lifted. There are too many unknown variables to short these firms that are making so much during the pandemic.<\/li><li>Almost everybody I know who has became wealthy from investing has done it without shorting.<\/li><\/ul>\n\n\n\n<p>That doesn\u2019t mean that everybody should put all their eggs in the FAANG stocks or even something like the Nasdaq.<\/p>\n\n\n\n<p>One day there will be newer, leaner firms, that will take over from these big boys.<\/p>\n\n\n\n<p>The past is filled with examples of firms that seemed ever so powerful, who went out of business or needed government bailouts.<\/p>\n\n\n\n<p>GE is one example. Even Apple themselves almost went bust after getting quite big in the 1980s.<\/p>\n\n\n\n<p>Lehman Brothers would be another example, even though they never got close to GE\u2019s size of course.<\/p>\n\n\n\n<p>All of this means that having an allocation to tech makes sense, but not putting all your eggs in that basket.<\/p>\n\n\n\n<p>I certainly wouldn\u2019t short it though, even though there is a chance it could be profitable.<\/p>\n\n\n\n<p>The likely risk:reward ratio isn\u2019t good.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>What is the stock market, and can a 16-year-old invest in it?&nbsp;<\/strong><\/h4>\n\n\n\n<p>Fuente: <a href=\"https:\/\/www.quora.com\/What-is-the-stock-market-and-can-a-16-year-old-invest-in-it\" target=\"_blank\" data-type=\"URL\" data-id=\"https:\/\/www.quora.com\/What-is-the-stock-market-and-can-a-16-year-old-invest-in-it\" rel=\"noreferrer noopener nofollow\">Quora<\/a><\/p>\n\n\n\n<p>The stock market is where people come together to buy and sell shares in the largest publicly owned companies in the world.<\/p>\n\n\n\n<p>Most companies are privately owned. If you start your own business, you can\u2019t put it on the stock market overnight of course.<\/p>\n\n\n\n<p>In privately owned companies the owner usually owns 100% of the shares, or 50% if he or she has a partner, or sometimes less.<\/p>\n\n\n\n<p>In comparison, a publicly owned company\u2019s shares are sold to the public.<\/p>\n\n\n\n<p>If you buy Amazon\u2019s shares, you are owning a small fraction of the company.<\/p>\n\n\n\n<p>If you buy the S&amp;P500 index, which measures the stock performance of 500 of the largest companies listed on stock exchanges in the United States, you are buying a small percentage of those 500 firms.<\/p>\n\n\n\n<p>In most countries, you can\u2019t invest at 16, but you can indirectly, if your parents open up an account for you.<\/p>\n\n\n\n<p>It is better to wait until you are 18, and start by reading in the next two years.<\/p>\n\n\n\n<p>I would recommend some of these books:<\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Paul Farrell - La gu\u00eda del perezoso para invertir: Un libro para procrastinadores, personas con problemas financieros y todos aquellos que se preocupan por su dinero.<\/li><\/ol>\n\n\n\n<p>Burton Malkiel y Charles Ellis. Los elementos de la inversi\u00f3n<\/p>\n\n\n\n<p>3. Larry Swedroe. The Only Guide to an Investment Strategy You\u2019ll Ever Need<\/p>\n\n\n\n<p>Larry Swedroe. The Quest For Alpha: The Holy Grail of Investing<\/p>\n\n\n\n<p>John Bogle, El peque\u00f1o libro de la inversi\u00f3n con sentido com\u00fan: la \u00fanica forma de garantizar su parte justa de los beneficios burs\u00e1tiles (Peque\u00f1os libros. Grandes beneficios) -<\/p>\n\n\n\n<p>5. William Bernstein. The four pillars of investing.<\/p>\n\n\n\n<p>6. John Bogle\u2019s \u201cThe Clash of the Cultures\u201d<\/p>\n\n\n\n<p>7.Lawrence Cunningham. The Essays of Warren Buffett: Lessons for Corporate America, Second Edition<\/p>\n\n\n\n<p>8. \u201cSecurity Analysis\u201d by Benjamin Graham<\/p>\n\n\n\n<p>2. El \u201cInversor Inteligente\u201d de Benjamin Graham.\u201d<\/p>\n\n\n\n<p>Carl Richards, The Behavior Gap, Simple Ways to Stop Doing Dumb Things with Your Money.<\/p>\n\n\n\n<p><strong>\u00bfLe duele la indecisi\u00f3n financiera? \u00bfQuiere invertir con Adam?<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"604\" src=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/01\/smile-beige-jacket-4-1024x604.png\" alt=\"Financial Planner - Adam Fayed\" class=\"wp-image-25823\" srcset=\"https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/01\/smile-beige-jacket-4-1024x604.png 1024w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/01\/smile-beige-jacket-4-300x177.png 300w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/01\/smile-beige-jacket-4-768x453.png 768w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/01\/smile-beige-jacket-4-81x48.png 81w, https:\/\/adamfayed.com\/wp-content\/uploads\/2021\/01\/smile-beige-jacket-4.png 1406w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/adamfayed.com\/es\/apply-now\/\">Solicitar<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/adamfayed.com\/es\/are-we-a-good-match-faqs\/\">Preguntas frecuentes<\/a><\/div>\n\n\n\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/adamfayed.com\/es\/#contact-me\">P\u00f3ngase en contacto conmigo<\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Adam es un autor reconocido internacionalmente en temas financieros, con m\u00e1s de 227 millones de respuestas vistas en Quora.com y un libro muy vendido en Amazon.<\/strong><\/p>\n\n\n\n<p><strong>Lecturas complementarias<\/strong><\/p>\n\n\n\n<p>In the article below, taken from my online Quora answers, I answered reader questions on the following topics:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Does Jeff Bezos \u201cdeserve\u201d to be a trillionaire one day or is that the wrong question?<\/li><li>Can somebody become a billionaire from investing in the stock market?<\/li><li>Are opportunities to become rich and wealthy increasing or decreasing?<\/li><li>Could the US Stock Market eventually collapse like Syria\u2019s and some other countries?<\/li><\/ul>\n\n\n\n<p><strong>Para m\u00e1s informaci\u00f3n, haga clic en el siguiente enlace:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-adam-fayed wp-block-embed-adam-fayed\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"z5xyexSWmV\"><a href=\"https:\/\/adamfayed.com\/es\/does-jeff-bezos-deserve-to-become-a-trillionaire\/\">Does Jeff Bezos deserve to become a trillionaire?<\/a><\/blockquote><iframe class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;Does Jeff Bezos deserve to become a trillionaire?&#8221; &#8212; Adam Fayed\" src=\"https:\/\/adamfayed.com\/does-jeff-bezos-deserve-to-become-a-trillionaire\/embed\/#?secret=KDYB0o8IlX#?secret=z5xyexSWmV\" data-secret=\"z5xyexSWmV\" width=\"600\" height=\"338\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>","protected":false},"excerpt":{"rendered":"<p>Is it time to short the FAANG stocks like Facebook?<\/p>","protected":false},"author":1,"featured_media":26270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10166176115445471_100883565069113":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[11558],"tags":[1112],"class_list":["post-26269","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-markets","tag-adam-fayed-quora"],"_links":{"self":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/26269","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/comments?post=26269"}],"version-history":[{"count":0,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/posts\/26269\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/media\/26270"}],"wp:attachment":[{"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/media?parent=26269"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/categories?post=26269"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/adamfayed.com\/es\/wp-json\/wp\/v2\/tags?post=26269"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}