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Its having the courage to act on your convictions. Meta was on a P/e of 13 earning billions of dollars in profit and generating huge amounts of cash flow, but i

Its having the courage to act on your convictions. Meta was on a P/e of 13 earning billions of dollars in profit and generating huge amounts of cash flow, but it had effectively gone ex growth and it's metaverse investment was a dud. I bought because it looked like great value, but once it's repriced to take that into account where's the growth story?

lostlogin 3y ago
> where's the growth story? They are not Twitter and are doing Twitter-like things with Threads. It’s going to be interesting to watch, particularly as someone with no money on either and a dislike of both.