Value investor Duan Yongping said that he once invested in Netflix (NFLX) but did not hold on, exiting after a one-time gain, and that the stock later rose about 100 times.
He added that he is now “following it just as a keepsake,” saying he “didn’t really spend time to understand this business” and that he sold because he “felt he didn’t understand it.”
The remarks came in a thread attached to a question from user “Duhou de Touzi Xiao Meigui,” who asked how he views Netflix’s traditional film production model versus competition from AI-generated, rapid-turnaround video. The question argued that AI may be more efficient and faster but may still lag human directors in capturing inner emotions, atmosphere, and psychological nuance.
Source: Xueqiu; Poster: Duan Yongping; Date: October 25.