Implied Expectations
Implied ExpectationsAn investment blog with a two decade view
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 138 | Subscribers | Read | impliedexpectations.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Netflix: A Valuation Update
Incredible business, long runway, and still a cheap stock
Netflix: A Change in Posture
In this post, I’ll discuss the quarter, the change in reporting, Netflix’s million dollar question, management’s evasiveness on paid sharing and what inning we really might be in, and what seems to be a material change in management’s postu...
Carvana: Ramping
The sell-side is badly mismodeling growth and operating leverage.
Netflix: The Streaming Wars That Never Started
Netflix reported its fourth-quarter results last week.
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