Why not? Nobody put a gun to anybody's head and made them invest in META. Arguably there's forced investment by index fund holders but now the SP500 eschews companies with that structure, so even index investors can…
If, like me, you stopped reading at the "you are a fool if you think otherwise" quip in the first paragraph, for a more grown-up take I recommend Stratechery. https://stratechery.com/company/meta/
Why not? Nobody put a gun to anybody's head and made them invest in META. Arguably there's forced investment by index fund holders but now the SP500 eschews companies with that structure, so even index investors can…
If, like me, you stopped reading at the "you are a fool if you think otherwise" quip in the first paragraph, for a more grown-up take I recommend Stratechery. https://stratechery.com/company/meta/