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Portfolio update 10/23:
$FB is now my third largest position at 10%.
After diving into the financials over the past few days I’m convinced $FB is 40-60% undervalued and could be trading at $500/share by end of next year.
$FB is now my third largest position at 10%.
After diving into the financials over the past few days I’m convinced $FB is 40-60% undervalued and could be trading at $500/share by end of next year.
Across of all of their products/platforms $FB has 3 billion monthly active users (MAUs).
$FB should be able to maintain 20-30% revenue growth for the next 3-5 years as our addiction to social media continues.
$FB should be able to maintain 80-82% gross margins.
$FB should be able to maintain 20-30% revenue growth for the next 3-5 years as our addiction to social media continues.
$FB should be able to maintain 80-82% gross margins.
$FB generates a ton of free cash flow and could have $100+ billion of cash on the balance sheet by end of next year.
$FB should do $100B in revenues next year. $SNAP trades at 20x 2021 sales. $FB trades at 8x 2021 sales.
$FB should do $100B in revenues next year. $SNAP trades at 20x 2021 sales. $FB trades at 8x 2021 sales.
Instagram should do $25+ billion in revenues this year. If $FB spun off Instagram into a separate company it would easily trade at a $400-500 billion market cap.
$FB owns WhatsApp which has more than 2 billion active users and they’re just starting to monetize.
$FB is one of the leaders in VR from their Oculus acquisition and is pushing harder into e-commerce and payments. These are all enormous opportunities.
$FB is one of the leaders in VR from their Oculus acquisition and is pushing harder into e-commerce and payments. These are all enormous opportunities.
