I Bought Netflix and AMD Stock Almost 10 Years Ago — Here’s Why

My thoughts on purchasing them almost a decade ago and why my investment strategy will never change

The greatest investments are always the simplest.

In 2011, I made two distinct, singular purchases. One of those purchases was in Netflix and the other was in AMD. I had been working for about two years at the time and almost all of my savings went into these two companies.

My brokerage account was brand new, but I had been following markets and thinking about the mathematics of revenue growth in new industries for some time.

My thinking was straightforward, and looking at my trades from almost 10 years ago highlights that my investing methods haven’t changed. It’s quite possible they never will.

Snapshot of trades from 2011. Netflix shares here are pre-split. In 2015, Netflix had a 7-for-1 split, meaning that those shares you see above were multiplied by 7.

The one trade above that makes me laugh is selling AMD at $5.951. It’s funny to see how my mind worked when I was 20.

For approximately seven years, I held Netflix. I sold AMD midway through 2019. I sold them each at prices equal to half of their current valuation.

The case for AMD and Netflix in 2011.

Netflix’s story begins at the tail end of 2011. Reed Hastings, the CEO, wanted…