We’ve been bearish on Netflix for many years, and it seems as if the market is finally catching on to the issues with the business model that we’ve seen all along
Our model portfolios offer clients multiple strategies to outperform in good and bad markets. See the performance of these model portfolios through 2Q19.
Our model portfolios offer clients multiple strategies to outperform in good and bad markets. See the performance of these model portfolios through 1Q19.
The market underestimates the barriers to entry in this industry, and as a result, valuations for many of the companies imply profits will permanently decline.
A decrease in investment helps produce positive cash flow in the short-term, but further decreases the chances of the company justifying its valuation over the long-term.