The year was 1998. Jeff Bezos wanted to buy Netflix for about $15 million. And Reed Hastings gave it serious consideration for a hot minute.
After all, Amazon was going to start selling DVDs. It was going to eat Netflix alive.
Behavioral economics teaches that investors are overconfident, myopic, and ignore information that challenges their beliefs. But that doesn't describe you, does it?
The numbers are in—the U.S. economy added 157,000 jobs last month, fewer than expected. The unemployment rate ticked down to 3.9%:
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