Money to burn; why Wall Street loves NFLX
Land of the Giants
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Is Free Cash Flow the Basis for Value in Companies?
Michael Packer has been doing it on and off since 2004 back in the blockbuster days. Back then he was arguing that Netflix's stock was overpriced. But even now, Packer will tell you why he wasn't really wrong. He just thinks they can't keep spending more money than they bring in.
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