The ease of the weekend resolution of the debt ceiling mini-crisis will reinforce the voters' belief that there are always pain-free ways to get out of a seeming impasse. This is misleading. It will lead most Americans to make very bad investment decisions and retirement decisions.
NFLX: Other than small, puzzle-piece acquisitions, the only purchase that makes sense for Apple is to buy Hulu. And it looks more and more like it's going to happen.
ReplyDeleteFirst, it would have the effect of immediately (as in, within six to 12 months) putting Netflix (NFLX) out of business.
Nice. That is probably true.
ReplyDeleteI think the biggest problem with the netflix business model is the lack of barriers to entry, followed by the power that the suppliers have. Oligopoly.