Meta's Capex Plans Could Lead To Their iPhone Moment (NASDAQ:META)

Core Insights - The article emphasizes the importance of investing in companies with strong cash generation capabilities and competitive advantages, aiming for at least 15% annualized returns [1] - The author has achieved an annualized time-weighted return of approximately 16% over three years of independent investing, indicating a successful investment strategy [1] Company Analysis - Meta Platforms (META) is highlighted as a company of interest due to its strong cash-generating ability and competitive positioning [1] - The author expresses a willingness to consider takeover targets, provided they maintain a strong business foundation [1] Investment Strategy - The investment approach focuses on identifying companies that are either undervalued relative to their asset base or have a strong market presence, ensuring potential for significant returns [1] - The goal is to continue achieving returns above the 15% threshold as the author gains more investment knowledge [1]