Why America's biggest investor Michael Burry thinks that Netflix makes milk, while Disney makes wine
Michael Burry contrasts Disney's enduring intellectual property with Netflix's fleeting content. He believes Disney's stories age well and gain value over time. Netflix's popular shows lack the long-term appeal for repeated generational viewing. Burry also noted Netflix's stock decline amid intense competition. He separately discussed software companies' resilience in the AI era.
Michael Burry contrasts Disney's enduring intellectual property with Netflix's fleeting content. He believes Disney's stories age well and gain value over time. Netflix's popular shows lack the long-term appeal for repeated generational viewing. Burry also noted Netflix's stock decline amid intense competition. He separately discussed software companies' resilience in the AI era.
