The late Jack Bogle, one of the greatest investors of all time, once said, "your emotions will defeat you totally" if you try to sell to avoid losses and buy stocks again later. In a 2016 interview with CNBC, Warren Buffett stated during a period of high market volatility: "I would tell [investors], don't watch the market closely." As a case in point, Buffett has been busier buying stocks for Berkshire Hathaway's portfolio in recent months than he's been in a long time.
Netflix's (NASDAQ: NFLX) fortunes have quickly reversed. Several entertainment companies entered the streaming industry more aggressively, seeing it as an excellent opportunity. The combination has been bad news for Netflix.
Netflix (NFLX) launches Mystery Box feature for kids profile besides multiple accessibility features for its disabled audiences.