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Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.

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Speaker 2: Single best Idea. What an interesting show today, And I

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Speaker 2: must admit, given the emotion out there within our political economy,

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Speaker 2: the number of people lining up and saying, you know what,

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Speaker 2: this is transitory to borrow a phrase from the FED

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Speaker 2: a long time ago. Really impressive today, amazing conversations. Rich

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Speaker 2: Greenfield came in today. He is with light Shed. He

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Speaker 2: does media analysis, and I want to take a moment

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Speaker 2: as I did in the show and explain this. Sell

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Speaker 2: side analysts, securities analysts have to be very brave when

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Speaker 2: they put a CELL rating on a stock. Usually it's

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Speaker 2: by and Hold, and if they have the courage to

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Speaker 2: say this isn't going to work out, they get an

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Speaker 2: enormous on a heat from the company and all the

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Speaker 2: people around a given company. Rich Greenfield, pushing twenty years ago,

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Speaker 2: was the bravest guy in the street. He put a

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Speaker 2: CEL rating on a stock. I'm not going to mention

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Speaker 2: it doesn't matter now. It's ancient history, and they really

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Speaker 2: went after him, and the whole industry rallied around Rich

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Speaker 2: Greenfield years ago when he had the courage of his convictions.

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Speaker 2: Here is Rich Greenfield on Netflix.

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Speaker 1: When you think about what Netflix has done in terms

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Speaker 1: of amoring home to you that when you get home

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Speaker 1: at night, when you finish up work, you get to

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Speaker 1: your house, you get into your living room. What's at

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Speaker 1: that moment of truth? Do you choose Netflix? Do you

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Speaker 1: choose linear television? Do you choose Disney Plus, Ulu, Paramount plus?

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Speaker 1: Like they want you to win. That moment of choice

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Speaker 1: is the most important place. And if you look at

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Speaker 1: who's winning it right now, it's really two platforms. It's

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Speaker 1: really Netflix. On the video side, it's Netflix YouTube Rich Greenfield.

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Speaker 2: And as I said, there, you heard me say, it's classic.

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Speaker 2: That is classic Rich Greenfield. He is at lightshed, I

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Speaker 2: should point out later in the interview he doubled Netflix

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Speaker 2: with Spotify. He was very constructive on the changes moving

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Speaker 2: forward for Spotify is a big winner. Recently, Anastasia Amaroso

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Speaker 2: came in today. What an historic conversation with her, I

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Speaker 2: think two three days after the invasion of Ukraine by

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Speaker 2: Putin by Russia for her growing up in Eastern Europe.

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Speaker 2: Very emotional. I asked her, she's a bull. She's a bull,

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Speaker 2: optimistic on Wall Street, She's been optimistic, She's optimistic on America,

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Speaker 2: Anastasia Amoroso on American exceptionalism.

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Speaker 3: It is an exceptional and outstanding place that nowhere else

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Speaker 3: can you replicate that. And I do travel globally, you know,

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Speaker 3: I immigrated to the US when I was sixteen. But nowhere

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Speaker 3: else can you get the same stability of government, believe

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Speaker 3: it or not, as you get in the United States.

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Speaker 3: Nowhere else can you get this pro business mentality, even

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Speaker 3: though we argue about the deregulation here and there, and

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Speaker 3: nowhere else frankly can you get the same opportunity set

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Speaker 3: as you do here. So it is truly truly an

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Speaker 3: exceptional place. And this is why when I think about investing,

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Speaker 3: you know, yes, while it's tempting to go invest in

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Speaker 3: emerging markets or maybe trade around in Europe and Japan,

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Speaker 3: you know, if you're a long term investor, you have

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Speaker 3: to focus on the pillars that you know are going

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Speaker 3: to be there. And I think the pillars of American

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Speaker 3: exceptionalism will be here.

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Speaker 2: An stage Mrooso, I should say of I Capital this morning,

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Speaker 2: we'll keep this short today and video earnings out this afternoon.

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Speaker 2: We'll touch on that tomorrow. I am sure across the

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Speaker 2: nation on your commute, good Morning ninety nine one FM

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Speaker 2: in Washington, Bloomberg eleven three to zero in New York,

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Speaker 2: Boston ninety two nine FM, and all of our digital distribution.

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Speaker 2: This is single best idea