Facebook is the world's No. 1 social network with more than 1 billion-plus users, but billionaire investor Jim Rogers said Tuesday that unless the company figures out how to monetize its massive following, he doesn't think its stock is worth an investment.
"I can't conceive that that's going to be a fabulous place to make a lot of money," Rogers said on CNBC's "Futures Now," adding he thinks the website is, however, "a good way to waste time."