[pellucide]

Stop listening to anything else other than your own. Just read the 10Q. After cutting the fat, its about 8-10 pages, every 3 months. Lets say you follow 20 companies. That about the size of one book every three months. Not an entertaining read, but definitely enriching one.

[warunsl]

> Just read the 10Q.

Do you have suggestions/resources around what in a 10Q a n00b like me should be looking for?

[pellucide]

The 10-q is there in the SEC website[1]. The summery is a quick read[2]. Just read it like you would read a textbook. Read the same for APPL, GOOG, AMZN. Do the same for two other sectors. In total about 20 companies. Very quickly you see the patterns emerge.

In the context META, here is a quick summary Besides the sequential increases of MAU, DAU, DAP, MAP, One thing that stands out to me is:

"We anticipate our full-year 2024 capital expenditures will be in the range of $30-35 billion, with growth driven by investments in servers, including both non-artificial intelligence (AI) and AI hardware, and data centers as we ramp up construction on sites with the new data center architecture we announced late last year."

Thats a lot of investment mostly in NVDA hardware. Expect NVDA to rise. This also means good for other suppliers, AMD, INTC, TSMC. The benefit for META will be apparent in a few quarters.

Good Luck!

[1]: https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/dat... [2]: https://s21.q4cdn.com/399680738/files/doc_earnings/2023/q3/e...

[RivieraKid]

Is roughly this level of sophistication enough to beat the S&P 500?