$NFLX In 2022, he poured $1 billion into it. Three months later, Netflix reported its first subscriber decline in more than a decade. He cut his losses and walked away, losing $400 million. He bought at $400 and sold at $225, nearly halving his position before exiting. This time, after four years, he has returned, and his reason is that Netflix has effectively won the streaming war.
Around the same time, he also built positions in Visa, Mastercard, S&P Global, ICE, and Alcon. This is not a bet on Netflix alone, but a broader shift toward defensive assets with stable cash flow and deep moats. That signal itself is more worthy of attention than Netflix as a single stock.
In fact, anyone who has used Netflix should understand how strong its moat is. Now is the time to get in.
Around the same time, he also built positions in Visa, Mastercard, S&P Global, ICE, and Alcon. This is not a bet on Netflix alone, but a broader shift toward defensive assets with stable cash flow and deep moats. That signal itself is more worthy of attention than Netflix as a single stock.
In fact, anyone who has used Netflix should understand how strong its moat is. Now is the time to get in.
