Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.
Thursday, February 07, 2019
#Delete Facebook. Why I quit Facebook
So, on comes a corporate executive from Facebook.
I listened. I listened some more. Earnings calls, of which I've probably listened to thousands of calls over the years, can be tedious, boring and funny. Sorting truth from bullshit comes naturally for me, probably something I picked up in law school. For sure I am always listening to voice inflection and for words being couched. It's fairly easy to tell when an exec isn't reading from the script that was prepared and practiced with the PR firm.
I heard enough. I heard enough lies. I heard an exec being a great liar. I have heard a million lies by corporate executives over the years. On conference calls, in their offices, face-to-face in restaurants, on private telephone calls. Many of the names escape me but the lies haunt me. We invested hard earned money that belonged to our clients in the shares of their companies. I could name 100 companies off the top of my head where the story I was told was so wrong, so blatant, so bullshit that those clowns, male and female, should be taken to the woodshed. Or worse. Don't worry though, the SEC won't do a thing about any of it. They have bigger fish to fry than EBITDA lies. Well maybe, maybe not, Elon Musk does come to mind.
So after listening to the Facebook earnings call I decided to put my money exactly where my feelings where. To jettison the beast. To starve it. So, like many I know, I simply hit the delete button. No goodbyes, no second thought. Just doing what my heart told me to do. Remove myself from having my key strokes sold, my "eye's monetized, to get away from the privacy invasion, the mind games and muck of doing whatever it takes for a company on a global basis to market to the masses by their online behaviour.
Yes, the lies, distortion, propaganda and mind games will continue until our nation doesn't it. I made the call to drop it. No more inane political chicanery, no more "news" custom tailored to what I last looked up on my cell phone. No more solicitation for hotels at the last destination I looked up. None.
The beast will carry on without me.
I have everything I ever prayed for. I am a lucky man, husband and father. My health is good. Having traveled to 6 continents the 7th is on my bucket list. Maybe I'll get there, maybe not. My wide circle of friends often call me lucky; it's nice having more friends than I could ever imagine and funny enough they all seem to be made prior to Facebook!
For now, I know where I stand, all I need to do is stand there.
Imagine life without Facebook.
If you try it I promise you will call and thank me!