Just listened to this new interview where Zuckerberg lays out the new vision for Meta. In my eyes it seems like he really has a plan to create business value long term. Also let's remember during $FB IPO the stock crashed down to about $20 and Zuck turned it around from there.
Short term however, there are challenges. Mainly Apple IDFA-changes and transition to Reels as well as competition from TikTok.
What I would like is your opinion on the long term returns for $FB? Why would you not invest in the stock here at around $220? (Trailing PE16)
The interview: https://open.spotify.com/episode/4KexmlaVFJg9FpY4bNe0LA?si=e454ce20d36644cb
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