Broke & Overweight (EP.93)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 24 July 2019
⏱️ 42 minutes
🧾️ Download transcript
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| 0:00.0 | Today's episode is brought to you by Why Charts. |
| 0:02.0 | Go to Why Charts, tell them that we sent you for 20% off a new subscription. |
| 0:07.0 | Welcome to Animal Spirits, a show about markets, life, and investing. |
| 0:12.0 | Join Michael Batnick and Ben Carlson |
| 0:14.7 | as they talk about what they're reading, writing, and watching. |
| 0:18.6 | Michael Batnick and Ben Carlson |
| 0:20.3 | work for Ritholz's wealth management. |
| 0:22.1 | All opinions expressed by Michael and Ben or any podcast guests are solely their own opinions |
| 0:26.5 | and do not reflect the opinion of Rit Holt's wealth management. |
| 0:29.5 | This podcast is for informational purposes only and should not be relied upon for investment decisions. |
| 0:34.6 | Clients of RIT holds wealth management may maintain positions in the securities discussed |
| 0:38.0 | in this podcast. |
| 0:39.0 | Why charts has this thing called a one-page report for any company that you're looking at. So I brought |
| 0:45.1 | up Netflix because that was very much in the news this week. And so it shows you the income |
| 0:49.9 | statement, the balance sheet, cash flow statement for the last, I don't know, called six years. statement the |
| 0:53.0 | last I don't know called six years and what really stands out here |
| 1:00.2 | looking through this is the company's free cash flow, which has been getting more and more |
| 1:07.3 | negative in the recent years. |
| 1:10.1 | So at 2015, it was under a billion dollars and in the last 12 months their free cash |
| 1:15.6 | list negative 3 billion dollars. |
| 1:17.6 | So I posted a quick one on Twitter about this and I the great thing about why charts |
| 1:22.1 | why I like them is the search function is pretty easy so I just typed in Netflix and then if you want to look for a metric you just type it in and it'll give you 10 options that you can choose from. |
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