@michaeljburry More importantly why is Meta selling AI compute?
Zuckerberg said it’s an option “if” they get to a point of overbuilt infrastructure, not a claim that’s already true. Selling excess capacity is just monetizing idle GPU cycles more efficiently, not a signal of oversupply.
@michaeljburry And then you go on to say it usually doesn't take that long for the stock to return to its true value...which weakens the first part of your thesis.
@michaeljburry The value investor dosent get to decide what the stock is worth. In that 10 years even the best company can go out of business and there are too many such cases.
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