Meta: Doom or Gloom?

The other day, I expressed my view on Meta on Instagram and invested 8% of my portfolio in the company. I will try to lay down my thesis for Meta.

I still think that the 73% drop from peak to bottom (has since recovered a bit but still 67% YTD drop) is too much an overreaction.

Basically, Meta is facing 3 short term problems and 1 long term problem. 

Now, let’s dive deep.