Greenlight Capital Re’s David Einhorn lamented a bum year in his shareholder letter for 2017 with an investing loss of 1.6% net of fees. He also announced the new lineup of stocks he selected during the fourth quarter: Twitter, Ensco and Time Warner. First, Einhorn surprised investors by taking a long position in Twitter. As he acknowledged in the letter, he has been betting that certain stocks in the tech space will fail. These stocks, ...
Netflix‘s international growth by a UK based research firm, Digital TV Research. The agency estimates that Netflix could potentially hit 17 million paying international subscribers by the end of 2014. At the end of Q3 2014, approximately 91% of the total international subscribers were paid ones which suggests that the total count could reach 18.7 million by the end of this year. This is slightly above our estimate, but does indicate Netflix’s growing presence in key international markets. Latin ...
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