Investing Power Hour #69: Big Tech Earnings; $SPOT Margin Woes; What the Hell Is Worldcoin?
Chit Chat Stocks
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Farfetch: A Fallen Angel
Spotify has gone from probably 100 million in 2015 time period to 551 million monthly active users. My gripe isn't in the cost of revenue line, it's in the operating expense line. I have more of an issue with management's approach as opposed to the market as a whole. We looked at Farfetch a long time ago. It's kind of a fallen angel.
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