David Gardner - An Investing Fool
The Business Brew
00:00
Netflick's Cost Bases and Spiffy Pops
At its darkest, most quicktery moment, netflick still was so relevant, so important. Reed hastings would be the first to say that was kind of a self inflicted gunshot wound decision he made temporarily to split the deputy from thest ming business. I think it was bad timing on his part. He accelerated toward a future people weren't ready for yet. But no, even then, even like net flick's worst year, the stock sells off 75%. And so you know, my awesome, amazing spiffy pops and cost bases, i was getting spiffy dropped right in the center.
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