I read something along that lines that Microsoft is one of the most valuable public company in the world. Bigger than Google, Bigger than FB .
Why do they never include it in FAANG?
Ask HN: Why is Microsoft never included in FAANG?
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Re: Ask HN: Why is Microsoft never included in FAANG?
#2Because then it would be FAANMG or FAANGM which doesn't sound as cool.
The original acronym was a Jim Cramer-ism for "high-flying tech stocks" and started before Microsoft was really starting its comeback. It didn't have any direct relation to market cap or dominance, just how quickly the stocks were rising and how much positive investor sentiment there was around the stocks.
Re: Ask HN: Why is Microsoft never included in FAANG?
#3https://www.investopedia.com/terms/f/faang-stocks.asp
The term was coined by Jim Cramer, the television host of CNBC's Mad Money, in 2013...
He's an entertainer, not an expert at developing exhaustively correct acronyms, updating them, and defending them to the satisfaction of nerds everywhere. Though, in his defence, he was a hedge fund manager. Still though not an academic at this point in his career.
Re: Ask HN: Why is Microsoft never included in FAANG?
#4Because then it would be FAANMG or FAANGM which doesn't sound as cool. The original acronym was a Jim Cramer-ism for "high-flying tech stocks" and started before Microsoft was really starting its comeback. It didn't have any direct relation to market cap or dominance, just how quickly the stocks were rising and how much positive investor sentiment there was around the stocks.
Even in its comeback, Microsoft's recent success seems to be developer oriented (Azure, VSCode, Typescript).
They've certainly reemerged strongly and good for them, but FAANG (or whatever the fuck) seems to be leading consumer brands.
Re: Ask HN: Why is Microsoft never included in FAANG?
#5[deleted]
Re: Ask HN: Why is Microsoft never included in FAANG?
#6Because then it would be FAANMG or FAANGM which doesn't sound as cool. The original acronym was a Jim Cramer-ism for "high-flying tech stocks" and started before Microsoft was really starting its comeback. It didn't have any direct relation to market cap or dominance, just how quickly the stocks were rising and how much positive investor sentiment there was around the stocks.
IMHO, "FAMANG" does sound pretty cool