Welcome to the new normal, same as the old normal–another victim of the bubble economy.
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NFLX is now down 51% YTD. For contrast, BAC is down 49% YTD.
Like Yin and Yang, the intersection of NFLX and BAC is where two diametrically opposed investment philosophies (unrelenting momentum vs. deep value) end in the same result–a 50% loss of value.