What Meta needs to do to compete against TikTok: Third Bridge’s Kessler

Here is the link.

7:05/8:09 

1. Lousy traders - 42 billion buyback last November at price of $300/ share, now it is $100/ share on Oct. 27, 2022
2. They bet on something in the future, no one can understand and then no one can explain;
3. Certain point, arrogance, ban Tiktok - 

I think that Meta becomes a value stock, not a growth stock.