Put aside your bias. Keep your eye on the data.
On a recent episode of The Macro Show, Hedgeye CEO Keith McCullough & Communications analyst Andrew Freedman discussed two of our favorite short ideas: Netflix (NFLX) and Tesla (TSLA), as well as why we recommend long Disney (DIS).
In particular, they discuss why these two short ideas inflame so many so-called “experts” on the Old Wall.
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“Shareholders in stocks in the FAANG and Tesla are locked and loaded with people with fundamental beliefs that have nothing to do with real research or numbers,” McCullough explains in the clip above. “I don’t give a damn if I'm long Disney or Netflix. I just want to be long the right one and not wrong. We have no bias. What you really want to be ready for is the next earnings season, because if Netflix misses, it’s not going to be by a little bit.” |
Watch the full clip above for more.
