Why I Loaded Up On $LNKD Shares Today

I don’t often buy individual tech company stocks. But today, I made an exception.

I bought a bunch of shares in LinkedIn [$LNKD].

Why?

1. LinkedIn has the best “professional graph” of any company out there. This is a formidable competitive advantage.
2. They have built SaaS applications that leverage that graph. This gives them a meaningful way to monetize other than advertising.
3. They recognize that just getting members on board is not enough and have been working to increase member engagement.
4. Jeff Weiner is one of the top 5 CEOs in technology. High IQ + High EQ + GSD = WIN.
5. I know a fantastic deal when I see one.

Of course, the market disagrees (and hence the massive price drop today). But, time will tell…

My purchase price was ~$117/share. It closed today (Feb 5th, 2016) at ~$108.