Disney stock was $32 in January of 2008...it was $15.30 in March of 2009.Well I guess we will wait and see. Disney is at 150 today, you;re predicting it's going to crash by 50%. my crystal ball doesn't see that happening in the next 5-10 years (but it's been wrong before) if that happens the loyal customer ain't going to effect the parks because the economy will have tank such that not even they will be able to go.
Now you also must admit that folks have been predicting this since ticket prices hit 100 bucks and how the average Joe is going to stop going. That has not happened.
during the great recession I think it slide about 25%
I have to take your word on Iger. he's doesn't play into my satisfaction of my vacations.
I really wonder outside if this bubble how much Iger really matters to the wdw guest.
Something similar happened in 2002....and 92....and 76....etc etc etc.
See if you can find the pattern?
“But that can’t happen NOW...they have marvel!”
Movies are 10% of their portfolio...consumer products maybe 15?
Where’s the bulk? 70% in parks and television - still.
Guess what gets crushed in recessions?
Past is prologue.
I don’t want to jack this with a dissertation...but what the current management does differently is they are primed to bail out at the first sign of trouble. Parachutes on.
The “name” doesn’t have the weight it did...even as compared to Eisner.