I love that you use the word hysteria, which has a long history of misuse. The fall in value is entirely justified - Meta has sucked for a while, has no moat, a

I love that you use the word hysteria, which has a long history of misuse. The fall in value is entirely justified - Meta has sucked for a while, has no moat, and has begun its slow slide into irrelevance like myspace etc before it. In addition revenue is down everywhere due to the coming recession and at ad-driven companies most of all. This will continue for a while. As to the bet on a metaverse, this idea comes from the 80s, and Meta has executed remarkably poorly on it - who can forget the legless avatars. Not even their own employees want to use it: https://www.ndtv.com/world-news/inside-a-meta-virtual-reality-meeting-floating-legless-avatars-of-you-3424373 https://www.ndtv.com/world-news/inside-a-meta-virtual-realit...