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Comment on Ask HN: Will you buy Facebook shares when it goes IPO?

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No, mainly because I don't have any reason to believe that current forecasts are underestimating their future growth. I do think they'll be quite successful in the mid-term future, but I think that's already priced into the stock.

I could be wrong, I just don't have any personal information or analysis that leads me to believe I can beat the market on this one, so not enough reason to divert money from an index fund to pick this stock.

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