$NFLX is down 7% today ...I started building a position. I see value and significant competitive advantage in this company at this level. If it keeps going down, I'll keep averaging into my full position.

What do you think of Netflix?
Jonathan Garcia's avatar
I just feel they will face a lot of competition. But I don’t doubt that it could be a good investment. Best of luck!
Aldo Filiberto's avatar
Thanks. They do have competition, but they also have the strongest economy of scale in the sector. They have been experiencing the lowest percentage of cancellations out of all streaming platforms. They have better technology behind their platform, and they can easily leverage their scale to stay ahead in a massive tailwind for the streaming sector. Streaming will completely replace the linear tv globally in the years to come.