Mark Zuckerberg and the Metaverse - I'm a Bullish Bull on This.

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The company is valued on a basis where all of that it's never going to grow again in every single cent they're spending on the metaverse. Mark Zuckerberg has, I think it's like 13% of the shares, but 57% of the voting power. That's why you're seeing maybe this unchecked expensive play into an area where they haven't really released a business plan.

Just because a stock lost 98% of its value doesn’t mean it's cheap. Sometimes the market becomes efficient.

Asit Sharma joins Ricky Mulvey to look at some justifiable reasons why stocks dropped last year and which strong businesses that may have been swept up in the tide. They discuss:

- Carvana’s boom and bust, and the takeaways for investors - If Zoom has a sticky product - How Roku is addressing a tougher advertisement landscape - Meta’s valuation, and questions about its leadership - Mindset advice if you want to be a contrarian investor

Companies discussed: LULU, ZM, MSFT, CVNA, ROKU, NFLX, META

Aswath Damodaran’s blog on Meta: https://aswathdamodaran.blogspot.com/2022/11/meta-lesson-1-corporate-governance.html

Host: Ricky Mulvey Guest: Asit Sharma Engineer: Tim Sparks

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