Not surprise Netflix is a stock to avoid at the moment. Netflix has to spend big bucks to keep creating content and the switching cost to another competing platform like disney + is kind of low. On the other hand, it also lacks disney's huge library of IP. Heard netflix is gging into gaming ? That could be one way to grow its revenue.
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I will go with Apple as I feel its more of a value buy than Tesla. Apple also has a more durable moat with her range of products. Tesla does has a moat in the EV business but her competitors are slowly catching up. Elon is no doubt a brilliant man, but I feel the constant media coverage on him is really distracting. Tbh, I also wouldn't choose Apple as I feel Apple seems to have lost abit of direction since Jobs passing. Apple is no doubt a money making machine but it seems to have lost abit of innovation.
Own both Adobe and Disney. Hope figma can do what YouTube did to Google and not turn out to be a disaster. Not so sure abt Disney +. The entertainment business can be so fickle. Heard Disney+ lost quite a few subscriptions in india becox they lost the bid to secure rights for broadcasting cricket live matches.
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Any stock in Kathie Woods Ark Etfs are like Saudi Arabia. Beating Argentina is a fantastic achievement but the Saudis were still knocked out in the first round. It's like the stocks in Kathie Woods portfolio. Fantastic performance for a short period but in the end most of the stocks were not able to sustain the performance over a long period of time.
Own Google. As long as fundamentals intact and it's a product or service I can't live without, will invest. Can't imagine a digital world without google
Things learned: 1) Do not pay too much attention to doom and gloom predictions. 2) Do not sell stocks on impulse or fear. For 2, I regretted selling Nvidia when the stock tanked. Should have stayed calm and assess the situation before selling. Saving grace was that I didn't sell all my holdings.
@Owen ck:LIKE A SCHOOLBOY CALLED TO THE PRINCIPAL’S OFFICE The hearing felt as if the schoolboy was called to the principal’s office to get lectured - and not allowed to talk back. At times Chew asked the committee chair for time to respond but the chair refused, giving the floor to the next congressperson instead.