Bill Ackman Loses $430 Million on Netflix | On The Margin

In this episode, Mark and I kick things off with Netflix's earnings. After posting their first ever subscriber loss, the stock tumbled nearly 40% costing recent investor Bill Ackman $430 Million in just three months. We covered what this recent sell-off might portent for tech stocks moving forward.

After Netflix we moved on to discuss the Yen and it's rapid slide against the dollar. Mark gave some color as to why the Yen functions as a reserve asset for global investors, and what its depreciation means for markets.

Finally we covered the recent rise in food prices, the Bitcoin lightning network, and crypto valuations. For that, you'll have to tune into the show.

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Listen to this episode on Apple or Spotify.

Apple: https://tinyurl.com/mry8y4k3

Spotify: https://tinyurl.com/3vnnkrkw

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