buying $META here (@ $615)
thesis:
ai makes production cheap
products get way cheaper
focus shifts to human connection
you cannot buy human connection
META is the next best thing
3.6B daily users
someone has to buy the cheap stuff
19x P/E, seems cheap
chart looks good
“Buy, borrow and die is a mantra of the rich. They love to take out loans against stock they own, so they don’t have to sell it when they want to buy other things such as mansions, yachts and movie studios.”
👀 @SpoutFi