Bill Ackman: When to Sell a Stock - Netflix Example (NFLX)

In a very recent interview, super-investor Bill Ackman was asked: what are the red flags for you to decide to sell a company, even at a loss? Ackman had two main points to his answer, but also answered in a good amount of detail. He used his recent sale of Netflix as an example, after only owning the stock for a few months, which is unusual for him. His second point came in the form of some advice for retail investors about when to sell a stock, using Tesla as his hypothetical example. Timestamps: 00:30 A remarkable business 00:55 Netflix Undervalued? 02:23 Ackman's Netflix investment thesis 02:50 A reason to sell 04:10 Another reason to sell 04:55 Predictability and risk profile 06:26 Ackman's advice to retail investors: Tesla hypothetical 07:16 Thesis twisting is trouble 08:03 On making investing mistakes Related episode: Bill Ackman: Why NOW Is A Pretty Good Time To Buy Stocks https://youtu.be/krSnhsGfKoM The Bill Ackman interview clips referenced in this episode can be found on the Interactive Investor channel: https://www.youtube.com/c/interactiveinvestoruk Disclaimer: I am not a financial adviser. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.