What Is The Point Of Having "Fuck-You" Money If You Never Say Fuck You?
Don't ask permission. Don't ask forgiveness
Every earnings season follows the same script. Analysts obsess over margins, free cash flow and whether capex came in a few billion above or below consensus. Then along comes Mark Zuckerberg and tears up the script. Meta's founder is effectively telling investors that if they want a company optimized for next quarter, they're free to buy something else. He's spending whatever it takes to win AI—and if Wall Street doesn't like it, that's Wall Street's problem.