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Bloomberg Businessweek

Instant Reaction: Netflix Records Another Strong Quarter

Oct 17, 2024
Dan Morgan, a senior portfolio manager at Synovus Trust Company, shares his insights on Netflix's impressive third-quarter performance. He discusses the surprising addition of over 5 million subscribers despite a constrained programming slate. The conversation highlights the evolving landscape of advertising revenue and how it may shape Netflix's future in a competitive market. Morgan also touches on the challenges investors face as traditional metrics shift, underscoring the significance of subscriber dynamics and pricing strategies.
08:04

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Quick takeaways

  • Netflix's impressive third-quarter growth, adding over 5 million customers, showcases the company overcoming programming challenges stemming from Hollywood strikes.
  • The podcast emphasizes Netflix's strategic shift towards prioritizing advertising revenue, signaling a need for new metrics to evaluate its business model.

Deep dives

The Impact of Cognitive Biases on Financial Decisions

Cognitive and emotional biases can significantly affect financial decision-making, leading individuals to make choices that may not align with their best interests. These biases can distort perceptions regarding risks and returns, often resulting in either overly cautious or excessively risky investment strategies. By recognizing and understanding these biases, investors can better navigate their portfolios and make more informed decisions. This awareness is crucial for long-term financial health and personal investment success.

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