Lou Whiteman

So, there's arguably more money to spend, the comparisons to Meta.

But look, if nothing else, again, this is what

you get with Meta.

We didn't have time to talk about it, but Apple, great quarter, but it was just blah, they're doing the same thing, we don't know from here.

The stock is basically flat afterwards.

Compare that to Meta.

If nothing else, I think shareholders know what they're getting into here with Meta.

Look, we make a lot of money, we're going to make big bets.

If you want to take this joyride, come along.

I think Zuck has the shareholder base that he needs.

you know, it's an adventure.

I got to say, I think the fear about software stocks is legitimate.

I think there's something there.

I don't like a lot of them in the list you gave me, but in the list you gave me, Netflix is on there, not a SaaS, but subscription.

Netflix, I get why it's down.

I think the company is telling you that this isn't the Netflix of old.

I think this is a deal they have to do.

I think it could be turbulent for the next few years, but I'm not going to bet against the best management team

in the industry to get it right over time.

As a long-term focused investor, I'll take Netflix at these valuations for the long haul and I think it works out.