Meta Reports Fourth Quarter and Full Year 2022 Results

Re:Meta Reports Fourth Quarter and Full Year 2022 Results by sicp-enjoyer on Wednesday February 01, 2023 @08:59PM (#34621050)

I don't see how that's the case. If he had 95% of portfolio in S&P and the FB he bought was 5%, he still did better in dollar terms than 100% S&P.

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Re:Meta Reports Fourth Quarter and Full Year 2022 Results by thunky on Wednesday February 01, 2023 @09:10PM (#34621153)

We can't know unless we know how much meta he bought and how much s&p he owns (if any).

But 5% is probably much more than anyone should allocate to a single stock.

And just to demonstrate my point, he could have bought 1 share of meta a couple months ago for $100. And he could have $1 million in his 401k.

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Re:Meta Reports Fourth Quarter and Full Year 2022 Results by sicp-enjoyer on Wednesday February 01, 2023 @09:54PM (#34621440)

And that 1 share still outperformed the equivalent amount of S&P.

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Re:Meta Reports Fourth Quarter and Full Year 2022 Results by thunky on Thursday February 02, 2023 @09:04AM (#34626599)

Right, but my original point was that no normal person (including OP) dares to take such a risk with a single stock, so in real life there is no "equivalent amount of S&P" in the equation.

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Re:Meta Reports Fourth Quarter and Full Year 2022 Results by kgwgk on Thursday February 02, 2023 @02:09AM (#34623203)

> But 5% is probably much more than anyone should allocate to a single stock.

With the exception of Apple?

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