Meta Platforms, Inc.
FB
position
long
Bill Nygren, Harris Associates
Thesis
We believe Facebook no longer looks expensive based on its projected P/E due to its significant growth from earlier concerns about its valuation.
Did it work?
inconclusive
confidence: low
Without specific price performance data or a defined time frame since the pitch, it's unclear whether the thesis about Facebook's valuation and growth has played out. The lack of information prevents a definitive judgment on the success of the investment thesis.
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