Bronte Capital: “We Think We Will Make Money in Meta (FB), But We are Not Sure”

Bronte Capital, an investment management firm, published its “Amalthea Fund” second quarter 2022 investor letter – a copy of which can be downloaded here. The Bronte Amalthea Fund returned 0.1% in June and +7.5% for the 2Q against a volatile market backdrop. Go over the fund’s top 5 positions to have a glimpse of its finest picks for 2022.

In its Q2 2022 investor letter, Bronte Capital mentioned Meta Platforms, Inc. (NASDAQ:FB) and explained its insights for the company. Founded in...