An investment blog with a two decade view
Platform | Substack | Pricing | Freemium | Publishes | Weekly |
---|---|---|---|---|---|
Issues | 136 | Subscribers | Read | impliedexpectations.substack.com |
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The sell-side is badly mismodeling growth and operating leverage.
Netflix reported its fourth-quarter results last week. Here’s the shareholder letter. Netflix is back to firing on all cylinders. I won’t rehash the whole quarter, but the company just added 13.1 million paid net adds—the second-most after ...
The stock is up 148% year-to-date. How much is left?
What do we have to believe to think NFLX is fairly priced at $435? What future would make it cheap? Or really, really cheap?
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