The Synopsis Interview. Mostly Borrowed Ideas on Google, Meta, and Investment Decision Quality
11 snips
Feb 14, 2024 In this interview, Mostly Borrowed Ideas provides deep insights into Meta, Google, and investment decision quality. Topics discussed include Meta's challenges, Google's future, constraints in cloud computing, Meta's real estate investments, the importance of writing in investment decision making, and the danger of borrowed confidence.
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Nervousness at Highs and Lows
- MBI felt nervous holding Meta stock at both $90 and $480.
- The nervousness stemmed from the possibility of being wrong about the business, despite having held it for years.
Dynamic Markets
- Market prices are incredibly dynamic and constantly changing.
- Investors should adapt to market dynamics instead of following fixed theses.
ATT and Ad Tech
- App Tracking Transparency forced investors to quickly understand ad tech.
- This sudden need for technical expertise challenged investors' understanding of Meta's business.