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Value Discipline: Short-Selling Netflix?

MarketWatch's Philip Van Doorn reported that a hedge fund manager, who generated a near 80% return after fees in 2016, is short-selling Netflix (NFLX).

Photographer: Andrew Harrer/Bloomberg

The streaming-video service's stock has risen 1.2% to around $154.

Gullane Capital Partners, a Memphis, Tenn.-based firm, is a value shop a la Benjamin Graham, Warren Buffett, and Charlie Munger, according to its website. The fund manager Richard Miller told Van Doorn that he isn't a fan of Facebook (FB)...


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