<story><title>Meta Reports Fourth Quarter and Full Year 2022 Results</title><url>https://investor.fb.com/investor-news/press-release-details/2023/Meta-Reports-Fourth-Quarter-and-Full-Year-2022-Results/default.aspx</url></story><parent_chain><item><author>kccqzy</author><text>The S&amp;amp;P 500 is up by about 10.7% in the past three months. Meta is up by 72.2%.</text></item><item><author>another_story</author><text>In the last 3 months the entire market has come back up. I have safe agricultural stocks that have risen nearly as much in this time. FB bouncing back and having a low PE doesn&amp;#x27;t make it a good investment. People are looking longterm at their prospects and where they&amp;#x27;re dumping their cash and they don&amp;#x27;t like it.</text></item><item><author>melling</author><text>It feels like only 3 months ago I was repeatedly trying to convince HN readers that Meta was a great investment opportunity at a P&amp;#x2F;E of 9. In fact, it was…:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=33572187&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=33572187&lt;/a&gt;&lt;p&gt;Markets aren’t efficient. People are biased and can’t look past them.&lt;p&gt;There’s quite a bit of knowledge on HN. As a group, we could do much better understanding the markets.</text></item><item><author>paulpauper</author><text>Up 17% in AH, on top of huge gains over the past 2 months. Nuts. It looks like it really wants to get back to $300+ It shows how all this talk about metaverse losses was overblown. This is why my best piece of financial advice is to tune out the media. By the time something is a narrative, it&amp;#x27;s too late. If the media is talking about how Facebook peaked or is the next myspace, this is time to buy. Same for Netflix.&lt;p&gt;Metaverse notwithstanding, Facebook and Instagram are still huge cash cows. Ad CPCs are really high, especially mobile ads. Companies, especially in financial services and healthcare, paying so much $ for clicks to target older people, retirees, etc. and also people with medical problems. Obesity epidemic means more healthcare spending, same for people living longer.</text></item></parent_chain><comment><author>fdsjjfds</author><text>Even with that, it&amp;#x27;s still down by 50% from a year ago.</text></comment>
<story><title>Meta Reports Fourth Quarter and Full Year 2022 Results</title><url>https://investor.fb.com/investor-news/press-release-details/2023/Meta-Reports-Fourth-Quarter-and-Full-Year-2022-Results/default.aspx</url></story><parent_chain><item><author>kccqzy</author><text>The S&amp;amp;P 500 is up by about 10.7% in the past three months. Meta is up by 72.2%.</text></item><item><author>another_story</author><text>In the last 3 months the entire market has come back up. I have safe agricultural stocks that have risen nearly as much in this time. FB bouncing back and having a low PE doesn&amp;#x27;t make it a good investment. People are looking longterm at their prospects and where they&amp;#x27;re dumping their cash and they don&amp;#x27;t like it.</text></item><item><author>melling</author><text>It feels like only 3 months ago I was repeatedly trying to convince HN readers that Meta was a great investment opportunity at a P&amp;#x2F;E of 9. In fact, it was…:&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=33572187&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;news.ycombinator.com&amp;#x2F;item?id=33572187&lt;/a&gt;&lt;p&gt;Markets aren’t efficient. People are biased and can’t look past them.&lt;p&gt;There’s quite a bit of knowledge on HN. As a group, we could do much better understanding the markets.</text></item><item><author>paulpauper</author><text>Up 17% in AH, on top of huge gains over the past 2 months. Nuts. It looks like it really wants to get back to $300+ It shows how all this talk about metaverse losses was overblown. This is why my best piece of financial advice is to tune out the media. By the time something is a narrative, it&amp;#x27;s too late. If the media is talking about how Facebook peaked or is the next myspace, this is time to buy. Same for Netflix.&lt;p&gt;Metaverse notwithstanding, Facebook and Instagram are still huge cash cows. Ad CPCs are really high, especially mobile ads. Companies, especially in financial services and healthcare, paying so much $ for clicks to target older people, retirees, etc. and also people with medical problems. Obesity epidemic means more healthcare spending, same for people living longer.</text></item></parent_chain><comment><author>acchow</author><text>Including the after hours jump today, Meta is up about 92% since Nov 1 (3 months ago)</text></comment>