San Francisco (KRON) — On today’s edition of Rob Black’S Winners and Losers, financial expect Rob Black joins KRON 4’s Mark Danon to discuss the stock market, Warren Buffet’s new investment and why Netflix is on his loser’s list.
Warren Buffet made Black’s winners list because of his new investment in oil refinery. Black says even though Buffet has made some bad investments in the past, he believes this was a smart move.
Netflix is facing some new problems. The internet streaming media giant ended their deal with cable network Epix, according to Black, making it harder to compete with other streaming sites like Hulu.