It's unclear if he was referring to just Season 3-- which, if we're all be honest with ourselves, was terrible-- or the whole series, in which case, WHATCHU TALKIN' ABOUT, EINHORN?
In his most recent letter to investors, the famed hedge-fund manager picked on the Netflix drama as he lamented the state of the stock market and explained his recent underperformance. “In today’s market, the best performing stocks are companies with exciting stories where accountability is in the distance future,” Einhorn wrote. He cited Netflix NFLX, +0.06% as a prime example of the trend, saying he was flummoxed that the company’s shares recently shrugged off disappointing earnings and a string of analyst downgrades. “Further, we had just finished watching season three of NFLX’s leading original content show, House of Cards, which appeared to be scripted to compete with Ambien.”
David Einhorn is no fan of ‘House of Cards’ [MarketWatch]