投资人在股东信、访谈、雪球上公开讲过的观点，加上知名投资节目和名人对个股的看法，按发表时间排列。每条都附原文出处，原话逐字照录；投资人谈自己 13F 持仓的，「说完之后」那一行是同一季度 13F 上的实际操作。
阿克曼认为 AI 正在提升 Meta 的内容推荐、广告定向和产品创新，核心广告业务增速达到 2021 年以来最快；即便算力自用不完，也能在紧缺市场中出租获利。他预计 Meta 未来几年盈利增速 20% 以上，18 倍远期市盈率是很大的折价。
We view Meta as one of the clearest beneficiaries of AI, which is driving higher engagement through better content recommendation, greater ad monetization through improved targeting, and meaningful product innovation in consumer and business agents.2025 年三季度财报会上，Meta 宣布 2026 年的 AI 开支将远超预期，股价随之下跌 20%。阿克曼在 20 倍市盈率附近建立了大仓位；剔除 Reality Labs 的亏损，核心广告业务的估值不到 16 倍。他认为市场只看到了开支，没看到 AI 对推荐、用户粘性和广告效果的提升，而 35 亿日活带来的网络效应是极其持久的护城河。
Our opportunity to invest in Meta arose following the company’s Q3 2025 earnings call in October when it announced it would spend significantly more on AI initiatives in 2026 than investors had expected, leading to a 20% share price decline.