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Holly LaFon
Holly LaFon
Articles (9485)  | Author's Website |

Bill Nygren Comments on Netflix

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January 11, 2019 | About:
We purchased Netflix (NASDAQ:NFLX) in the quarter because its share price fell roughly 40% from its July high. We’ve owned Netflix in the Oakmark Fund for nearly 18 months and written extensively about our thesis. Nothing at Netflix has fundamentally changed in our opinion. The price merely fell to a level that justified owning it in a concentrated portfolio like Oakmark Select.

From Bill Nygren (Trades, Portfolio)'s fourth-quarter 2018 Oakmark Select Fund commentary.

About the author:

Holly LaFon
I'm a financial journalist with a Master of Science in journalism from Medill at Northwestern University.

Visit Holly LaFon's Website

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