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Fortune

Paolo Confino

‘The few times I’ve done investing, I’ve lost my shirt’: Reed Hastings opens up on his investing track record

Reed Hastings Netflix BlackRock Index Fund Vanguard

Netflix cofounder and executive chair Reed Hastings (Credit: Kyle Grillot—Bloomberg/Getty Images)

Netflix cofounder and executive chair Reed Hastings is a billionaire but admits he has trouble figuring out what to do with his money.

“The few times I’ve done investing, I’ve lost my shirt,” he said in an interview on podcast The Tim Ferriss Show.

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