“From Motley Fool Writer to $110M Hedge Fund (Then Back Again)”
Meta's free cash flow is gone due to capex; LLM spend seems non-existential so they could reduce it sooner than others.
yes um you know when you look at Meta, when you look at uh Nvidia, when you look at um Google or Alphabet, whatever you want to use for it, they generate an amazing amount of cash flow from their business, their core businesses.
But what's interesting is that those businesses are no longer capital-like businesses. um to the extent that they're now spending there's no free cash flow at Meta anymore.