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The Debt Ceiling Looms, What Next? | Weekly Round Up

Inflection Point

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Netflix's Profits and Losses

Netflix was one of the first stocks I bought in 2016 or 2017. It did a Netflix for a little while, if you held it, or if you paid attention to it. Then they announced that they were going to do video games and I sold the stock. They might execute on that, but I think they're broke. And why would you pay 40 times, four zero, 40 times earnings for a company whose revenues aren't growing?

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