The Importance of Long Term Projections

I think, you know, Netflix has come down a lot because to your point, and this is another mistake that I've talked about previously is the backlog, which isn't worth very much. Your long term projections for the business are fundamentally different. There's just an element of it that has always felt a little bit irrational because these businesses used to just print money and that was not as enticing. And they had no idea how they had it. That's why it's so interesting. Because they had the world's best business model and everyone involved threw it away.