Whitney Tilson's lost a fair amount of money shorting Netflix (NFLX +1.7%), he admits, but he...

|By:, SA News Editor

Whitney Tilson's lost a fair amount of money shorting Netflix (NFLX +1.7%), he admits, but he still thinks their pivot into streaming video is the "beginning of the end": "In particular, we think margins will be severely compressed and growth will slow over the next year." The company is moving into a new, bigger pond full of the "most powerful, aggressive and deep-pocketed companies in the world," he says.