Sirwalterraleigh
Premium Member
We tend to debate this alot here…but it’s not really a debate at all. It’s not a sound investmentThe S&P is up 214% in the past 10 years. Disney's up ... 16%.
That includes $28 billion in stock buybacks, basically lighting that money on fire.
It's a legitimate question to ask whether giving $4K annual bonuses to all 233,000 cast members worldwide for a decade, at a total cost of $9.5B - 33% of the buyback costs - would've done more for the company, the employees, and the communities in which the company operates. It's hard to believe that wouldn't match a 16% ROI.
Numbers is numbers