A Quote by Charlie Munger
I don't want to understand Facebook.
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I don't invest in what I don't understand. And I don't want to understand Facebook.
The true end users of Facebook are the marketers who want to reach and influence us. They are Facebook's paying customers; we are the product. And we are its workers. The countless hours that we - and the young, particularly - spend on our profiles are the unpaid labor on which Facebook justifies its stock valuation.
I've used the term 'Facebook for the enterprise,' and everyone goes, 'We don't want Facebook in the enterprise,' because it conjures up that it's not secure, and it's going to be a waste of time. All these things are true, which is why Facebook is not in the enterprise.
I love Facebook and Twitter. Twitter helps me understand and interact with my fans, and Facebook is more for keeping up with my close friends and family.
I haven't sworn off Facebook. I'm on Facebook. There's a fan page on Facebook that I will update, but I'm on there myself under a pseudonym, because there were a lot of people able to private-message me on Facebook, and it was getting really weird.
Data is powerful and if it's put in the wrong hands, it becomes a weapon. And we have to understand that companies like Facebook, and platforms like Facebook or Twitter, are not just social networking sites. They're opportunities for information warfare.
So many people want to live their lives and their dreams through their own Facebook page or their Twitter page. They want to show every detail of their life to everyone in the world. That scares me because I don't have any Facebook page or Twitter I don't like it, I don't want it.
I think Facebook is more for old people and, like, adults. My parents use Facebook. I honestly have never been on Facebook.
I never go on Facebook! I like, haven't confirmed anybody to be my friend on Facebook. I have lots of friends; I'm just really bad at Facebook.
I know that Instagram belongs to Facebook, so I cannot really stand on a political pedestal and say, "I'm against Facebook!" But I haven't wanted to be on Facebook from the beginning.
Wildly successful sites such as Flickr, Twitter and Facebook offer genuinely portable social experiences, on and off the desktop. You don't even have to go to Facebook or Twitter to experience Facebook and Twitter content or to share third-party web content with your Twitter and Facebook friends.
Facebook mistreats its users. Facebook is not your friend; it is a surveillance engine. For instance, if you browse the Web and you see a 'like' button in some page or some other site that has been displayed from Facebook. Therefore, Facebook knows that your machine visited that page.
We want Facebook to be one of the best places people can go to learn how to build stuff. If you want to build a company, nothing better than jumping in and trying to build one. But Facebook is also great for entrepreneurs/hackers. If people want to come for a few years and move on and build something great, that's something we're proud of.
The tools Facebook provides make discrimination easy. Facebook has monopoly profit margins, so it could easily provide real staffing to protect against discrimination, if it wanted to. It doesn't want to.
If you really want to make a difference you don't do it via Tweet, via Facebook, via Instagram - you get down, you understand what the facts are and then you offer a path forward.
Choose what you actually want to do rather than what you think will impress people on Facebook. Ironically, when you do this, something amazing happens; what you produce stands a better chance of getting recognition. Not just on Facebook, but in the real world.
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