Josh Brown, a long-term Netflix bull , said on CNBC Friday afternoon that he had cut his position in the streaming platform by 85% following its $72 billion deal to buy pieces of Warner Bros. Discovery. In the deal, announced on Friday, Netflix will acquire Warner Bros.' film studio and streaming service at $27.75 per WBD share. While Brown said that he still likes the stock, the year or so it could take for this deal to settle represents a big opportunity cost in terms of other lost investments. "I can't sit for a year and watch this become a political football and tie up capital," the CEO of Ritholtz Wealth Management said on CNBC's " Halftime Report " Friday afternoon. "It's just a portfolio management decision. I think there are going to be other opportunities that have more near-term

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