22-01-2022, 12:42 AM
Netflix did announce that they'd start doing buybacks once they pay down debt to the level they want.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger