In 2017, when this was originally presented as an idea and was purchased, the most glaring signal of that hidden value you're not seeing on the income statement was in the price of its product. Netflix has a huge lead, and it's transitioning from a more local media business globally to much more of a global scale business. As far as the price action on the stock, it's been a bit of a roller coaster ride. The stock was around $380 a share pre-COVID in February 2020. Rose all the way to $690 a share in November 2021. And now we're back down to $360. So below the pre-CO VID share price.

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