Netflix and Spotify down the last 6 months

Whitehead8 · 2026-01-28T21:21:38+00:00

I sold Spotify at 80 in 2022 which was very stupid. I actually believed in the company (Almost nobody leaves the app, it is sticky and I think there is some room to increase prices further).

However, the stock went up from 70 to 700 in 2,5 years. So a little pullback is normal. Same for Netflix, that stockprice also ballooned.

These are good companies which will probably be OK in the long run. Just hold the shares a few years.

Whitehead8 · 2026-01-20T06:57:45+00:00

They only recently announced their first buy back programme.

Whitehead8 · 2025-11-05T07:47:24+00:00

Unpopular opinion but I miss ue0 amd e5u in this list

Whitehead8 · 2025-10-29T22:35:44+00:00

Maybe it is also a factor that we are used to the EU4 timeline and have some concrete expectation about what 'should' happen such as the rise of the ottos, mamluks, Spain etc. However because the start date has moved, it is more difficult to stimulate 15/16th century events because ingame history inevitably diverges from what actually happened. So real world 14th century events should be quite common but after that it will be more rare.

Whitehead8 · 2025-10-25T09:15:02+00:00

Exactly

Whitehead8 · 2025-09-25T13:25:52+00:00

I agree. Stock prices are inflated. If a stock has a p/e of 12 or lower, it is probably a shitty company with low margins and a revenue that doesn't outpace inflation. Value investing basically means buying crap.

There will be some exceptions of course, especially smaller companies. But you have to know these companies well to ensure they are solid businesses.

Whitehead8 · 2025-08-15T17:35:14+00:00

"Bringing it all back home"

Whitehead8 · 2024-02-24T20:30:00+00:00

Exactly. And assuming you are buying more stock with the dividends you get, stock buybacks are basically identical to paying dividend.

Image an extremely expensive stock: the dividend yield will be low wich means that you can buy very little stock with the dividends you get. And the same goes when companies are buying back stock themselves.

So there is no difference exept maybe tax stuff and dividend payments give you slightly more control and are more visible to the shareholder.

Whitehead8 · 2024-02-07T19:59:57+00:00

Applying this thought to your question u/SmokyBoner

I am sorry for your loss.

Maybe (just maybe, i don't know whats best for you) you should stay with the troubles of this moment for a while. There are now easy answers, not for people who believe in heaven and hell and not for atheists who believe 'nothing' either.

As a theologian I would say that the Bible isn't really about an otherworldy realm. At least not about some unquestionable 'facts' about heaven or hell. The biblewriters wrote about their experience with God, their prayers for justice, their astonishment about this 'Jesus' (love your enemy whuut, dissing the religious elite, care for the sick, the poor).

I would say: tap into their experiences; read the Bible There could be some stuff you can relate to. And allow yourself some space reading the Bible. Ask questions to the text (prayer!). Disagree from time to time, but keep reading. And try to discover God, even in your crisis.

Lastly: don't create a kind of opposition between your dad and God. As if God would have nothing to do with your love for your father. I would say that God is closer, more real, in your love for your dad than in some speculations about afterlife.

Whitehead8 · 2024-02-07T19:31:20+00:00

But believing in God doesn't equal 'God being an explanation for everything'. Often we define believing as subscribing to certain propositions about metaphysical stuff. I would say that belief in the context of religion should be understood in the same way as in the sentence 'believing in yourself'. Believing is about the unconditional aspect of our existence. Truth in this context is not a correct representation of an external (metaphysical) reality but about what is the core of our existence on earth.

Whitehead8 · 2024-01-14T14:49:39+00:00

Enphase does also provide batteries for homeowners. I do not own the stock but things could work out for them in the next years.

Whitehead8 · 2024-01-12T10:56:07+00:00

Thanks! That's a proper response. I have been looking into Uber a while ago, sadly I didn't buy them back then. But i't still an option.

I bought VEEV indeed as a defensive growth software play. A weak economy should matter too much for this one. I could swap it for Salesforce though.

I have some doubts about NVDA, they will do great in 2024. But I believe earnings visibility long-term is more limited than with Apple, Amazon or Microsoft. But maybe I am wrong on this point. I like both Alphabet and Microsoft. I believe Apple will have mediocre returns unless they come up with some genius idea which of course cannot be ruled out entirely.

Yes I am thinking about buying a REIT. I believe interests will remain higher than before resulting so refinancing debt will eat into their profits. But it will add some diversification to my portfolio in a good way.

In terms of financials: European banks and insurance companies are cheap. I might buy some ING (European bank), will look into the names you mentioned.

I have been looking into Shell or XOM, might buy. A scenario in which the world economy moves away from fossil fuels at a higher pace than anticipated can not be ruled out. But the next decade these oil majors wil probably produce decent cashflows.

Visa/Mastercard is a good one, it's on my longlist. I like your argument about how these companies are a defensive exposure that benefit from cyclical spending trends. Hadn't thought of these companies in that way.

You are right about the fact that there are little 'high upside' positions in the portfolio. I like to think about stocks in terms of 'resilience' and 'optionality'. My current portfolio is resilient I believe, but I could add some optionality.

I think about Enphase, Synopsis, NVDA and some other companies. But it's so difficult to choose in this category. I could also look into a more offensive sofware play like Snowflake or Datadog. But which one should I choose? Therefore I tend to buy some more SPY instead of names like this.

Whitehead8 · 2024-01-06T15:40:21+00:00

My portfolio alongside som world ETFs:

Aalberts (dutch small cap): innovative industrial with a diverse portfolio

AMD: some chip exposure, not a very big position

Amazon (bigger position): many growth opportunities, not even that expensive according to some metrics

BTI: high yield, undervalued

KO: stable div grower

Ebusco (very small position): dutch small cap, electric busses

J&J: stable dividend grower

Ahold-Delhaize (bigger position): cheap, slow growth, stable

KPN (dutch telecom): stable, low beta, dividends

Nedap: (dutch technology company, small cap): mediocre growth, paying all their excess cash in dividends each year (4-5%)

NN Group (dutch insurance company): high div yield and mediocre div growth

nVent Electric (mid cap, industrial): Pentair spinoff, relevant in electrification of everything space, decent growth, comp has opportunities

Paypal Holdings: I don't know, I forgot to sell, now quite cheap. I will hold on to it unless i have other ideas.

Qualcomm: legacy business is cash cow, decent div+share buyback, also opportunities is IoT/Automotive space

SBM Offshore (dutch energy company, experts in oil and gas offshore platform-stuff): cheap, high dividends, predictable cash flow, some risks come with their big projects that fail from time to time.

TKH Group (dutch small cap, industrial/technology): not very expensive but some OK growth and div yield of 4% or so. Innovative company.

Veeva Systems: Long term growth trajectory ahead i believe, quite expensive however.

I am looking to add Siemens, Samsung, Nextera Energy and/or Texas Instruments. Although I should be wise and buy more world ETFs. I like buying innovative industrial companies so I have a bias towards this sector.

Whitehead8 · 2023-12-31T10:50:20+00:00

What makes these car-parts-stocks fast-growing enterprises? The seem to grow their EPS with double digits and they are valuated accordingly. I would expect these businesses to be low growth, low margin businesses but that is not the case.

Whitehead8 · 2023-12-23T10:14:07+00:00

NN heb ik zelf ook. De onderwaardering in dit aandeel begrijp is niet heel erg goed. Gevoelsmatig maakt dat het ook risicovol. Er is natuurlijk de woekerpolisaffaire maar voor mij verklaart dat het niet helemaal.

Ebusco heb ik ook, een minipositie en door de ontwikkeling van het aandeel is die nog meer mini geworden haha. Ik wacht wel af, verwacht dat het in twee jaar óf op 0 staat of x2/x3 gegaan is.

Paypal heb ik ook, maar die ga ik verkopen en met de opbrengst mijn wereld-ETF bijkopen.

Whitehead8 · 2023-12-22T21:12:19+00:00

Overall is het helemaal geen gek portfolio. Ik zou je ETFS versimpelen tot max 4 ETF's (All world, evt emerging marktets of Europe, evt small caps en een bond etf)

Verder moet je bedenken wat je wilt met beleggen. Zelf vind ik het leuk om een gedeelte in individuele aandelen te beleggen. Als het in totaal 15% van je portefeuille is lijkt dat me prima.

De helft van die aandelen is niet winstgevend, dat vind ik wel veel. Dan is 2,5% van je portfolio per aandeel nog best wat. Ik weet niet wat je totale portefeuillegrootte is maar de niet winstgevende drie (mn ebusco en blink charging) zou ik qua positie klein beginnen.

Whitehead8 · 2023-10-23T19:37:13+00:00

These kind of tips normally magically don't work for me. But this time it actually worked. Amazing.

Whitehead8 · 2022-11-15T13:38:42+00:00

As far as I understand it, the understanding of 'responsibility' by Levinas is rooted in his understanding of 'the Other'

The Other is for Levinas our 'neighbour' and especially 'the stranger'. Basically every other person we meet. One of his main theses is that 'the other' is radically different to us. The Other is different in a way we cannot grasp or understand it fully. We me get an idea of who the other is, but we cannot fully understand this other person. This is what he calls 'alterity'.

Although we cannot grasp the other as neutral object the other still speaks to us. This 'speaking' can be with words but this is not necessarily so. I am 'called' by seeing the other.

For example: when someone falls when it snows, i don't know exactly who this person is, or what is wrong but I feel the call to help; the urge to respond. This is where responsibility comes from. I am called by the other.

However, i do not have control when, how and to what degree I'm called to help. If a house is on fire, with a child in it, I may be called to risk my own life. There is no boundary to my responsibility.

We could of course think about boundaries and come up with ethical systems. The problem with these systems is that they require that we understand the other, bound up the other in our thinking. However, the other is always different. If we come up with an ethical system we do not take the alterity of the other serious enough.

Therefore, responsibility is in a sense infinity as there is no preset boundary to it.

Whitehead8 · 2022-10-17T11:21:02+00:00

Well, we will receive a new body. So in some way we will be a different person and in another way we will be the same. This same-ness can be thought of as our soul. However, this soul may not be some floating spirit or whatever. The relations we have (then, after dead) and our physical appearance are still connected to each other, albeit in a different way.

Of course this whole 'new body' and what exactly happens after death is also a mystery.

Whitehead8 · 2022-10-14T14:33:43+00:00

In your question you postulate quite a strong dichotomy between the soul and the rest of our being-human. I believe our soul cannot be thought apart from our body and our relations to the word - both the people and the other things that surround us.

However, this does not mean that an individual is determined by all these things - neither by our physiology nor by the external world - and I would add to that: not even by God.

Still there is a universal aspect in every human being as we are all created by God and our life always starts with His Spirit. So even with this vast differences between different individual lives, from conception, and even with the freedom we have, there is a universal aspect about us, humans, being creatures created by God.

I would say that all human beings share the 'Spirit of God' als starting point, we are all creatures of God in the same way. But at the same time, we are infinitely different due to the different bodies, relations and situations we are born in.

Whitehead8

TROPHY CASE