Chris Perruna: Meta’s Forum unlikely to disrupt Reddit’s long-term value

Chris Perruna: Meta’s Forum unlikely to disrupt Reddit’s long-term value
Meta’s Forum unlikely to hurt Reddit

Chris Perruna, senior vice president at Self-employed, states that he remains long on RDDT and continues to hold his position.

Perruna believes Meta’s Forum will not significantly threaten Reddit or impact its long-term value, describing the move as defensive rather than innovative. He also disclosed ownership of META shares.

Perruna has previously highlighted long-term trend following and patience as important drivers of wealth, noting how the world’s wealthiest investors build their fortunes in a recent post on wealth and long-term trends. He also tracked the U.S. 30-year Treasury yield as it reached 5.18 percent, its highest level since July 2007, according to his market commentary.

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