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Carl Icahn's Understanding of Netflix Seems a Mile Wide and an Inch Deep
It may be a fool's errand to question the thinking of an investor who's worth $14 billion, but after listening to Bloomberg's interview with Carl Icahn yesterday (embedded below) concerning his newly disclosed 10% stake in Netflix, it's hard not to conclude his understanding of the company is a mile wide and an inch deep. Unless he has some big vision for the company up his sleeve that he's not disclosing, Icahn seems more interested in a short-term bet on driving Netflix into a larger company's arms, than in positively influencing Netflix's murky strategic direction.
Categories: Aggregators, Deals & Financings
Topics: Carl Icahn, Netflix
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