Topic

META

A collection of 12 issues

Meta 3Q'23 Update

Disclosure: I own shares and 2025 January $50 Call Options of Meta Meta had a terrific third quarter which makes the after-hours reaction (down ~3%) tad bit surprising, but perhaps understandable given the wider range of scenarios for advertising going forward. Here are my highlights from tonight’s call. Subscribe

The Curious Case of Big Tech

Disclosure: Nearly 60% of my personal portfolio is invested in Meta, Amazon, and Alphabet “Most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years.” While most market participants want to focus on what happens next quarter or the next year, it

Meta 2Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 $50 call options of Meta While the stock is up +6-7% after hours, I found some mixed signals on this call to keep both bulls and bears interested. In any case, I have never found Meta’s earnings calls monotonous! Here are my

Meta's Achilles Heel(s)

Disclosure: I own shares and January 2025 $50 Call Options of Meta Subscribe First some caveats: while we have all probably read Charlie Munger’s quote “I never allow myself to hold an opinion on anything that I don't know the other side's argument better than they do”, the reality

Meta's Moat

It's not "network effects". Disclosure: I own Meta’s shares and January 2025 $50 Call Options Subscribe During the weekend, I asked my twitter followers: What do you think Facebook's DAU to MAU ratio was in 2009? The number that got the highest votes was ~80% even though I mentioned

Meta 1Q'23 Earnings Update

Disclosure: I own shares, and Jan 2025 call options of Meta “There are two major technological waves driving our road map: a huge AI wave today, and a building metaverse wave for the future.” Mark Zuckerberg (1Q’23 Earnings Call) Here are my notes from tonight’s earnings. Subscribe Users

Meta Needs A Decade Of Efficiency

Disclosure: I own January 2025 Call Options and Shares of Meta Platforms This is Part-1 of my four-part series on Big Tech. Part-two, three, and four will be on Alphabet, Amazon, and Microsoft respectively. While this post is made public, the rest of the series will be behind paywall. Subscribe

Meta 4Q'22 Earnings Update

Subscribe Disclosure: I own shares, and Jan 2025 call options of Meta What a difference three months makes! Meta stock almost doubled from late October to today! 2023 is suddenly the "Year of Efficiency"! Zuck's tone was markedly different tonight. Here's my highlights from tonight's earnings call. Users Facebook DAU

Speedwell and MBI discuss Meta Platforms

Subscribe Last week, Speedwell Research, an independent investment research service, published their Deep Dive on Meta Platforms. They were kind enough to send me a copy of their work. After reading their work, we exchanged a few emails/tweets discussing their report. I enjoyed this interaction enough to think I

Meta 3Q'22 Earnings Update

Subscribe Disclosure: I own shares of Meta "...I think that those who are patient and invest with us will end up being rewarded." Mark Zuckerberg From October 26, 2015 to today (after-hours), the stock is flat. The "reward" remains elusive. Here are my highlights from 3Q'22. Users DAU/MAU all