@BillAckman on $NFLX First purchase:January 21–26, 2022 Bought more than 3.1 million shares, investing approximately $1.1 billion Sold everything: April 20, 2022 Liquidated the position after disappointing subscriber results Realized loss: April 2022 Approximately $400–430 million, roughly 35–40% of the investment Second purchase: Q2 2026 Reestablished a position of approximately 3.15 million shares New stake disclosed: August 12, 2026 Netflix represented approximately 4.9% of the reported portfolio $NFLX on pace for a new closing 52wk low. All of these self inflected losses were avoidable if he had just avoided the stock while it was below the 200sma. And I'm supposed to be convinced he's some brilliant dude, meanwhile he can't put a lagging indicator on his charts? Mind you, no
View on X ↗