"It reminds me (w/ hindsight) that a no brainer investment would have been NFLX"
Yes, as I say, they are called that in hindsight. Meanwhile in the fray, for any number of reasons, who considered it a no-brainer? Didn't they have competition-- Redbox or something?
What do we mean by "no brainer"? Does it mean "an obvious buy"? Then if NFLX were it, it was obvious only if you saw it. In my case, since I'm not a NFLX subscriber, that'd be one reason I never considered it. I overlooked it. Not that I would necessarily buy it if I were aware of it.
What do we mean by "no brainer" Does it mean we don't use our brain at all, but just buy rote, mechanically, routinely? That could apply to me as regards Buffett. Because if I see Buffett buying, I will automatically also buy, if I can get the stock at same or preferably lower price than his price. Because I've found that if I can be patient in holding, then most times, there's a profit to be had with the stock. ...But not necessarily and not always. Which limits the amount of money I'm willing to bet. |
