Part 7/8:
When the conversation shifted to the Magnificent Seven, Gerber indicated a more favorable outlook on stocks like Meta, which he recently purchased. At a valuation of 25 times forward earnings, he noted that Meta appears more appealing compared to Tesla’s exorbitant valuation. Although he had reservations about Meta in the past, he acknowledged the company’s significant position in the market and consistent profit generation, which led him to incorporate it into their portfolio during the recent market correction.