Portfolio Change - 01/25/2022

As noted in this morning’s write-up, I’ve decided to add Netflix (NFLX) to my portfolio. I believe the company is well-positioned to strengthen its dominant position in SVOD over the next 5-10 years, with continued growth in paid subscribers, ARPU’s, and operating margins leading to a substantial increase in the company’s per share profitability (along with a repurchases tailwind).

This was my portfolio allocation as of Monday’s close.

As a reminder, this includes every dollar of investable assets that I have to my name outside of a checking account (day to day expenses).