A-1, buy the dip. B-2, this is generational. Respectfully, fuck the HBO of it all -- the WARNER of it all is the treasure chest. Superman. The Matrix. DC will finally be GOOD. And Netflix is GLOBAL. And it's on your phone and in your home. And Netflix does theatrical releases whereas HBO has only done so for some Indies in the past. This is a buy and hold and keep buying. It's Netflix's game to lose. They immediately save on licensing fees for HBO and WB properties. NFLX has to PAY to host films they didn't produce on their platform. They now effectively save all the money they would have paid to "RENT" those titles. Also, this is IMHO a more elegant version of Amazon's MGM play. Netflix can now relaunch Sopranos for a modeler GLOBAL audience. So many gems from the golden era of HBO that Gen Z has never heard of. I live in LA and all my industry friends are working on Netflix shows and films. Anyone who's working is working on a Netflix project. They're not going to make shitty versions of old IP. They have the money to invest in the talent to do with some old IP what Marvel did. Find something in the WB basement, dust it off, get a salaried genius to bring it to life, make sure folks in Asia and Europe and Africa feel seen, and go LAUGHING to the bank. I own and ad agency, btw so I won't give all the ad plays away, but man -- THEME PARKS?! $100 bucks?! Bruh. Buy buy buy and hold.
Had one of my best days of the year yesterday with a mid 5 figure gain in the port and while that was going on I was saying here not to miss the dip on these 2, which I doubled down on again:
- Barrick Gold
- SBSW
I also added more of these at close:
- SHOP
- UBER
- ASTS
- LULU
- INTC
The idea is cool and innovative, but exposure to death is pretty high, these evtols (taxis) has to be safe and the drivers well trained. The drivers will probably required to be trained similar to Pilots degree, so it's not going to be like Uber, you need to train drivers + then people has to have confidence on trying these new flying cars. I am pretty sure there will be deadly accidents
So it's risky investment
Had one of my best days of the year yesterday with a mid 5 figure gain in the port and while that was going on I was saying here not to miss the dip on these 2, which I doubled down on again:
- Barrick Gold
- SBSW
I also added more of these at close:
- SHOP
- UBER
- ASTS
- LULU
- INTC
Good luck today regards!
Michael Burry waited almost 3 whole years to finally address the “Sell” tweet.
Jan 31, 2023 - I tweet “Sell”
Banking crisis ensues and banks fail. There is panic and stocks fall.
Mar 13, 2023 - I tweet “This crisis could resolve very quickly. I am not seeing true danger here.”
March 30, 2023 - I tweet “I was wrong to say sell.”
/meme corrected