To the Mafia Wars and FarmVille addicts...
My article up on Fool.com today revolves around Zynga, the young upstart that's behind Facebook games like Mafia Wars and FarmVille. Basically, my take is that Zynga lacks at least a few essential qualities that I look for when making an investment. Specifically, what I've heard about the company's management team isn't particularly encouraging and I don't think the business has a particularly strong competitive moat.
Now, as I note in the article, there isn't really a question of investing in Zynga today since it's still a private company. But there are plenty of young, hot stocks on the public markets that we could say the same about... and I'm avoiding them too.