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Netflix co-CEO Reed Hastings on the growth of FAANG stocks during the pandemic

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FAANG stocks have had a remarkable run since the pandemic that has slowed in the last few sessions. Netflix co-CEO Reed Hastings shares what he thinks about when he looks at the markets and the valuations of technology stocks, including Netflix.

 

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It was time to short the weak hands out of the market. Not needing an uptick makes it easy. tt:MadMoneyOnCNBC lizpeek

Great guest for CNBC - someone who doesn’t want to talk about the markets.

I'm adding FAANG to my muted words list.

Translation: SELL WHILE YOURE AHEAD you greedy mongrels

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