I have never been a Netflix believer. It's is a good company but nowhere near the valuations it is having. Simply put it was an aggregator and which tried to become a content creator. I think it lost its focus and hence sight of its competitive advantage.
Crypto Stocks Rebounded in Premarket Trading,with Bit Digital and Riot Blockchain Rising Around 3%
It's all about fundamentals for long term trades. Recessions come and go and we just need to ride through it when it comes. Such is the economic cycle.
Survive a Recession by Capitalizing on This Rare Emerging Market Phenomenon
I wonder if this is a self fulfilling prophecy at times. He announces investment in a company and people flock to buy, driving up prices. Andthen he sells later at a big profit.