Initiating and Averaging into Meta

2 months ago

Lance Roberts

">> yeah we did we we've started building a position in meta now. >> Okay. And we'll get to that in a sec. ... Later, when discussing allocation, he adds, "we're starting to build a position in Meta very slowly. That'll eventually be 5% of the portfolio, but it's going to take time to get there. It's working through a corrective process, which is good. We want that because it allows us to buy, you know, as it comes down, we can keep averaging into that price at a little bit lower level, lowering our cost basis.""

The speaker explicitly outlines a trade call for Meta (ticker META), noting that his team has begun gradually building a position. He emphasizes averaging into dips during a corrective process, with a target eventual allocation of about 5% of the portfolio. The rationale hinges on Meta's strong revenue growth fundamentals and its inherent benefit from passive indexing effects.

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