Fred Hickey: "It might be that the growth possibilities for these FAANG stocks are over"

It might be that the growth possibilities for these FAANG stocks are over.  They're too high, the regulators have them in their sights, they might get broken up.  Google's growth doesn't come from search, it comes from YouTube.  Facebook's growth doesn't come from Facebook, it comes from WhatsApp and those kind of things.  And if they can't acquire, and you just have a platform that they have to acquire and grow, then the growth rate goes away, and people over time become less enamored with them.

~ Fred Hickey, "The End Game Ep. 12 - Fred Hickey," The Grant Williams Podcast, December 1, 2020