Category Archives: Etc.

Netflix Doubles Down On Global Growth Bet, Original Content

The fourth-quarter earnings report from Netflix NFLX +17.19% signaled the video streaming service is upping its bets on international expansion and original content, at the risk of higher costs and pressured profit margins in the short term. Judging by Wednesday’s stock surge, investors are just fine with that strategy (at least for now).

Netflix leaped nearly 20% at the open, thanks in large part to better subscriber growth than Wall Street expected and the company’s plan to double down on its international growth push as its U.S. business runs into the law of large numbers. (See “Netflix Soars On Subscriber Growth.”)

More at Forbes

William James on Habit

Let no youth have any anxiety about the upshot of his education, whatever the line of it may be. If he keep faithfully busy each hour of the working-day, he may safely leave the final result to itself. He can with perfect certainty count on waking up some fine morning, to find himself one of the competent ones of his generation, in whatever pursuit he may have singled out. Silently, between all the details of his business, the power of judging in all that class of matter will have built itself up within him as a possession that will never pass away. Young people should know this truth in advance. The ignorance of it has probably engendered more discouragement and faint-heartedness in youths embarking on arduous careers than all other causes put together.

More at Brainpickings.org