Meta 3Q22 Digest & revisiting my original investment case

Credibility of management, mission progress and margin of safety in the valuation

Oct 31, 2022

∙ Paid

Here is my original investment case on META 0.00%↑ :

From generation heads-down to generation heads up - the investment case for Meta Platforms

The consensus investment case for Meta For most bulls, the investment case on Meta rests on the rise of the metaverse/web3.0, an investment theme that gained traction since Facebook’s renaming to Meta in October 2021. The promise of the metaverse is a decentralized reinvention of the internet which gives the power from the centralized platforms of today …

4 years ago · 5 likes · 5 comments · Fallacy Alarm

While bulls (to the extent they still exist) typically praise the company’s unambitious valuation, bears point to weak earnings quality. What both have in common is that they try to build a case around their legacy business and they are stuck in presentism, which I define as being too much consumed with what som…

Fallacy Alarm

Meta 3Q22 Digest & revisiting my original investment case

Credibility of management, mission progress and margin of safety in the valuation

This post is for paid subscribers