Josh D'Amaro comments on rising prices and "additional" or removed services: "An inevitable result of progress"

[FettFan]

Wdw customers - in particular - are dumb.
I used to study them…and they had eaten less lead paint chips back then…

…or was it more? Can’t remember…there were a lot of fumes in that office.

I think "dumb" would only describe the hardcore Pixie Dusters that Disney Co seems to be deliberately courting, especially the ones who will never dare criticize the corporation for fear of losing "the magic". You know, the ones who Disney knows would reliably spend an additional $300+ for a week without thinking twice, so that they could get every Genie Plus Paid-Per-Play Fastpass.

 

[Lilofan]

It wouldn’t surprise me in the least…the times I changed companies, I always tried to take my best people with me…the other tread “What would you do if you owned the parks?” Joe Rhode would be in charge of ALL creative aspects of the parks divisions…design, execution and follow up. I would also have the best financial person to work in tandem with Joe. I’d love to have a Branson, Musk et.al. owning the parks…

Musk can outright buy Disney in cash. Comcast tried a hostile takeover bid of TWDC but they were unsuccessful. The Disney Board said the offer was too low ( translation - for sale at the right offering price ).

 

[JoeCamel]

Musk can outright buy Disney in cash.

Can he?

 

[Lilofan]

Can he?

TWDC is worth $130B. Musk is worth $289B. The answer to your question is Yes.

 

[Sirwalterraleigh]

Why don’t you fill me in?

I just think it’s not entirely the same product/comparison.

But don’t get me wrong - I do l like universal a lot. Different environment as it stands - however.

 

[Sirwalterraleigh]

TWDC is worth $130B. Musk is worth $289B. The answer to your question is Yes.

I believe Disney’s valuation has sunk substantially over the last few years…

Which is why things will suck moving forward. Just a guess.

 

[Sirwalterraleigh]

I think "dumb" would only describe the hardcore Pixie Dusters that Disney Co seems to be deliberately courting, especially the ones who will never dare criticize the corporation for fear of losing "the magic". You know, the ones who Disney knows would reliably spend an additional $300+ for a week without thinking twice, so that they could get every Genie Plus Paid-Per-Play Fastpass.

The ones I speak of ask nothing in return…believing that going to wdw (in particular) is a part of their “soul”.

 

[JoeCamel]

TWDC is worth $130B. Musk is worth $289B. The answer to your question is Yes.

Sure, if you think that, Musk is scrambling to come up with 44B to buy Twitter so cash for TWDC? Not in your pixie dreams
You said cash so pick those goal posts up and get trotting

 

[Lilofan]

Sure, if you think that, Musk is scrambling to come up with 44B to buy Twitter so cash for TWDC? Not in your pixie dreams
You said cash so pick those goal posts up and get trotting

Nice misinformation Camel Joe . Musk put up 2/3 of his own money then secured a loan to get the rest. News flash - billionaires even though they can get more liquid at times get loans too. Last time I checked my net worth of assets, stocks etc, if I could liquidate which I don’t plan to I could.

 

[andysol]

Nice misinformation Camel Joe . Musk put up 2/3 of his own money then secured a loan to get the rest. News flash - billionaires even though they can get more liquid at times get loans too. Last time I checked my net worth of assets, stocks etc, if I could liquidate which I don’t plan to I could.

We don’t even know he wanted to buy twitter or if it was just a shrewd business move to be able to dump some stock without it creating uncertainty and drop his value.
Even if he loses the lawsuit, which is very unlikely, he’d still come out way ahead.
This is actually what I think he did, which is unprovable, of course. And if so, Bravo.

Re: Disney- His actual cost, after having to pay taxes on realized gains would be somewhere in the range of $160-180b.

And that’s completely ignoring the guaranteed devaluing of Tesla stock. It wouldn’t and couldn’t happen. Because the second he starts liquidating, his stock value/price would tumble to likely below disney prices.

And this is also completely ignoring the guaranteed increase of value to disney stock once that’s made public.

It’d have to be a stock swap + cash. Which is a pipe dream.

There’s no way he gets a $100b loan to buy Disney. Lol. I’m telling you- he cannot buy it in cash. Saying that just shows you’re not looking at actualization of “cashing out” that stock in any significant way.

 

[Lilofan]

We don’t even know he wanted to buy twitter or if it was just a shrewd business move to be able to dump some stock without it creating uncertainty and drop his value.
Even if he loses the lawsuit, which is very unlikely, he’d still come out way ahead.
This is actually what I think he did, which is unprovable, of course. And if so, Bravo.

Re: Disney- His actual cost, after having to pay taxes on realized gains would be somewhere in the range of $160-180b. And that’s completely ignoring the guaranteed devaluing of Tesla stock. It wouldn’t and couldn’t happen. Because the second he starts liquidating, his stock value/price would tumble to likely below disney prices.

It’d have to be a stock swap + cash. Which is a pipe dream.

There’s no way he gets a $100b loan to buy Disney. Lol. I’m telling you- he cannot buy it in cash. Saying that just shows you’re not looking at actualization of “cashing out” that stock in any significant way.

If Musk could buy Disney which I don’t think or hope he does not , yes, his company position would not be in the position it is today. His net worth of $289B in my opinion will only get higher .

 

[FettFan]

The ones I speak of ask nothing in return…believing that going to wdw (in particular) is a part of their “soul”.

Aye. The zealots.

 

[Sirwalterraleigh]

Aye. The zealots.

 

[Sirwalterraleigh]

Sure, if you think that, Musk is scrambling to come up with 44B to buy Twitter so cash for TWDC? Not in your pixie dreams
You said cash so pick those goal posts up and get trotting

I hope that was more of a “rhetorical” point than meant to be taken for real.

“Worth” is a semantics game. As with 90% of financial terminology these days. Not like Elon is sitting on a shoebox full of quarters…

Same as companies…the “markets” claim they’re worth much more than they ever really can be. The perception is stronger than reality…just like Gordon told us

 

[Sirwalterraleigh]

Nice misinformation Camel Joe . Musk put up 2/3 of his own money then secured a loan to get the rest. News flash - billionaires even though they can get more liquid at times get loans too. Last time I checked my net worth of assets, stocks etc, if I could liquidate which I don’t plan to I could.

Your 401 isn’t tycoon level.

And you REALLY need to not concentrate on it every day. Like check your blood pressure

 

[JoeCamel]

Nice misinformation Camel Joe . Musk put up 2/3 of his own money then secured a loan to get the rest. News flash - billionaires even though they can get more liquid at times get loans too. Last time I checked my net worth of assets, stocks etc, if I could liquidate which I don’t plan to I could.

And there go the goalposts......

 

[UNCgolf]

TWDC is worth $130B. Musk is worth $289B. The answer to your question is Yes.

Eh, it's not that simple. Musk being worth that much isn't the same thing as having cash on hand -- he wouldn't be able to actually liquidate his holdings into that amount, because they'd lose value if he was dumping them.

And if he was trying to buy Disney, Disney stock would skyrocket and cost far more.

Not that it really matters since it's just a wild hypothetical.

 

[Sirwalterraleigh]

Eh, it's not that simple. Musk being worth that much isn't the same thing as having cash on hand -- he wouldn't be able to actually liquidate his holdings into that amount, because they'd lose value if he was dumping them.

And if he was trying to buy Disney, Disney stock would skyrocket and cost far more.

Not that it really matters since it's just a wild hypothetical.

Indeed…

There are “billionaires” that have zero money available…probably couldn’t get a loan either…

…a name or two comes to mind

 

[TrainsOfDisney]

If Musk could buy Disney which I don’t think or hope he does not , yes, his company position would not be in the position it is today. His net worth of $289B in my opinion will only get higher .

I don’t think he wants to buy an entertainment company though. You may not agree with him but he’s actually trying to improve the world with most of his investments.

 

[Tha Realest]

I don’t think he wants to buy an entertainment company though. You may not agree with him but he’s actually trying to improve the world with most of his investments.

He’s married or dated a succession of actresses, has hosted SNL, and had gotten himself into hot water more than a few times trying to entertain people. The only thing keeping him from buying an entertainment company is his perception it would be a bad investment.