10/30/24 - $meta - Still long @ 600.

30 ott

10/30/24 :: VROCKSTAR :: META
Still long @ 600.

- zuck dressing like he just raided the Kith store. positive.
- top tier AI team
- social platforms are less disruptable vs. general purpose software moats. zuck has several of these + top 3 AI platforms
- AR/VR and oculus further kickers
- at 24x PE next year i just see no where for this but up, for now
- we r in a mkt where if something is growing substantially above inflation (which normies think is low singles) but it's probably 15%... so above 15% you start to get stuff that *definitely* is taking share of risk capital. if you're profitable already, better. if you're larger, better. if you have an AI angle, better. if you have a social/ moat, ideal.
- dare i'd put it as my top pick, but aggressively bought options last week and have been trimming them as we enter the print so i can play risk free.
- about 5% of book at the moment (equivalent).
- genuinely would welcome a miss where we'd see better oppty for me to size up - just don't think this will be the case.
- think we see stock at 1K next year.
- GOOGL and SNAP are good omens.
- so yuh. higher.

V