The Hangnail Bean Company Context

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

Reed hastings is going to be involved in the decision to move from sending you a d v d in the mail to a streaming service. Block buster didn't make the move, absolutely. They could have, even after they saw neflix do it, and they just didn't. That's hastings. And then again, ah, they've had attacks by major competitors that they have overcome. So we really love the management team. The question then is on the focus on mot and so if you can focus on just these couple of things, you can avoid spending a lot of ike as. time criticising someone for having a hangnail or something like that.

Continuing their discussion on the biggest investment question mark that is Netflix, Phil and Danielle dig deeper into helping you figure out complex, and seemingly impossible to invest in companies.

While Netflix may be almost impossible to understand and wrap your head around investing in, there’s still value in looking at it through the lens of basic Rule #1 investment practices that will help you learn how to avoid confirmation bias and invest logically.

Tune in to this episode of InvestED to hear what we can learn about investing from complex companies like Netflix, and people that do choose to invest in them.

To learn more about what types of questions to ask and what you need to understand to invest with success, download Phil’s 4 Ms to Successful Investing Guide: https://bit.ly/3zzKVOd

Resources Discussed: