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Jon Quast

👤 Speaker
2605 total appearances
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Motley Fool Money
Bill Ackman Says Stocks Are “Stupidly Cheap”

Thanks to our producer, Dan Boyd, and the rest of the Motley Fool team.

Motley Fool Money
Bill Ackman Says Stocks Are “Stupidly Cheap”

For Rachel, Matt, and myself, thanks for listening, and we'll see you next time.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

So to your first question, Tyler, no, I'm not a Meta shareholder personally.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

That's not a indictment on the company.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

I've gone on record that Meta is one of my more favorite companies in the Magnificent Seven.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

But to your second question, does this change my view of the company?

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

The answer is not yet, but it could potentially.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Specifically with the issue of mental health, I think that all the statistics point to an indisputable conclusion.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

We do have a mental health epidemic, unlike anything we've ever seen.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

And I believe two things can be true here.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

First, social media apps are engineered to maximize user engagement.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

I don't think that that's a controversial take.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

It is how they generate revenue.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Of course, they want their users on there as much as possible so they can generate ad revenue.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

The second thing, I mean, I wouldn't blame social media apps entirely for mental health issues, but it does seem to be a contributing factor when it comes to this topic.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

I think if you're new to this discussion, the book I'd recommend is the anxious generation by Jonathan Haidt.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

It does a great job of laying out the rise of anxiety in Western culture, also potential remedies, some suggestions by the author.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

I know this might sound off topic for an investing podcast, but I do believe it is pertinent.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

The jury verdict here is far from the final conclusion when it comes to Meta.

Motley Fool Money
A New Trend in AI is Emerging: Efficiency

Meta is going to appeal this case, it's going to go higher.