Speaker 1: Bloomberg Audio Studios, Podcasts, radio news.
Speaker 2: Single best Idea. What an interesting show today, And I
Speaker 2: must admit, given the emotion out there within our political economy,
Speaker 2: the number of people lining up and saying, you know what,
Speaker 2: this is transitory to borrow a phrase from the FED
Speaker 2: a long time ago. Really impressive today, amazing conversations. Rich
Speaker 2: Greenfield came in today. He is with light Shed. He
Speaker 2: does media analysis, and I want to take a moment
Speaker 2: as I did in the show and explain this. Sell
Speaker 2: side analysts, securities analysts have to be very brave when
Speaker 2: they put a CELL rating on a stock. Usually it's
Speaker 2: by and Hold, and if they have the courage to
Speaker 2: say this isn't going to work out, they get an
Speaker 2: enormous on a heat from the company and all the
Speaker 2: people around a given company. Rich Greenfield, pushing twenty years ago,
Speaker 2: was the bravest guy in the street. He put a
Speaker 2: CEL rating on a stock. I'm not going to mention
Speaker 2: it doesn't matter now. It's ancient history, and they really
Speaker 2: went after him, and the whole industry rallied around Rich
Speaker 2: Greenfield years ago when he had the courage of his convictions.
Speaker 2: Here is Rich Greenfield on Netflix.
Speaker 1: When you think about what Netflix has done in terms
Speaker 1: of amoring home to you that when you get home
Speaker 1: at night, when you finish up work, you get to
Speaker 1: your house, you get into your living room. What's at
Speaker 1: that moment of truth? Do you choose Netflix? Do you
Speaker 1: choose linear television? Do you choose Disney Plus, Ulu, Paramount plus?
Speaker 1: Like they want you to win. That moment of choice
Speaker 1: is the most important place. And if you look at
Speaker 1: who's winning it right now, it's really two platforms. It's
Speaker 1: really Netflix. On the video side, it's Netflix YouTube Rich Greenfield.
Speaker 2: And as I said, there, you heard me say, it's classic.
Speaker 2: That is classic Rich Greenfield. He is at lightshed, I
Speaker 2: should point out later in the interview he doubled Netflix
Speaker 2: with Spotify. He was very constructive on the changes moving
Speaker 2: forward for Spotify is a big winner. Recently, Anastasia Amaroso
Speaker 2: came in today. What an historic conversation with her, I
Speaker 2: think two three days after the invasion of Ukraine by
Speaker 2: Putin by Russia for her growing up in Eastern Europe.
Speaker 2: Very emotional. I asked her, she's a bull. She's a bull,
Speaker 2: optimistic on Wall Street, She's been optimistic, She's optimistic on America,
Speaker 2: Anastasia Amoroso on American exceptionalism.
Speaker 3: It is an exceptional and outstanding place that nowhere else
Speaker 3: can you replicate that. And I do travel globally, you know,
Speaker 3: I immigrated to the US when I was sixteen. But nowhere
Speaker 3: else can you get the same stability of government, believe
Speaker 3: it or not, as you get in the United States.
Speaker 3: Nowhere else can you get this pro business mentality, even
Speaker 3: though we argue about the deregulation here and there, and
Speaker 3: nowhere else frankly can you get the same opportunity set
Speaker 3: as you do here. So it is truly truly an
Speaker 3: exceptional place. And this is why when I think about investing,
Speaker 3: you know, yes, while it's tempting to go invest in
Speaker 3: emerging markets or maybe trade around in Europe and Japan,
Speaker 3: you know, if you're a long term investor, you have
Speaker 3: to focus on the pillars that you know are going
Speaker 3: to be there. And I think the pillars of American
Speaker 3: exceptionalism will be here.
Speaker 2: An stage Mrooso, I should say of I Capital this morning,
Speaker 2: we'll keep this short today and video earnings out this afternoon.
Speaker 2: We'll touch on that tomorrow. I am sure across the
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