"Betting on Mark Zuckerberg META dominates my portfolio because of Mark Zuckerberg himself. He loves to win, but more importantly, he hates to lose. That competitive fire translates directly into shareholder returns. As he said on the Q3 earnings call: "I am very focused on establishing Meta as the leading frontier AI lab. Building personal superintelligence for everyone and delivering the app experiences and computing devices that will improve the lives of billions of people around the world.""
"The real AI battle is passive content consumption and advertising. META has 3.54 billion daily active people across its family of apps. Every 1% improvement in content relevance or ad targeting has massive impact few companies can match. Zuckerberg explained it perfectly: "Now, as AI makes it easier to create and remix content, we're going to add yet another huge corpus of content on top of those.""
Buying Meta Platforms at $295.89 in October 2023 and holding to $651.72 yields a 120% return. Mark Zuckerberg prioritizes establishing Meta as a leading frontier AI lab and building personal superintelligence along with app experiences and devices. Meta enacted a Year of Efficiency and cut metaverse spending by up to 30%, prompting a pre-market stock jump. Meta serves 3.54 billion daily active users across its apps, where incremental improvements in content relevance or ad targeting scale significantly. Reported engagement gains include 5% more time on Facebook, 10% on Threads, and Instagram video time up over 30% year-over-year.
Read at 24/7 Wall St.
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