What even is your point here?
The TV side isn't where they make the vast majority of profit. They make their giant pile of money from internet. That isn't going anywhere any time soon. A lot of people that drop their TV for streaming still stick with their internet service.
The rejection of Peltz, at least to me (and seemed to be the main issue for others), has always been his past record and not bring anything new to the table. Half the Disney board is new within the last few years. So if turnover is what was needed, its been done.
That “creativity” has nothing to do with the Disney board. And that’s ok…but the goal post just shifted back to the status quo again.
They transitioned 10 years ago…not long after aquiring a content company and commuting to theme parks
Wait, what...Comcast up 101%? I belive you're sadly mistaken about that...Unless I don't know how to read graphs...Maybe
We were talking about a 10 year time frame.Wait, what...Comcast up 101%? I belive you're sadly mistaken about that...Unless I don't know how to read graphs...Maybe
You know that stock was down about 8% until the proxy and the buyback announcement 2 months ago, right?
The point still stands that you can't compare the rate of return on a stock over 5 years to savings interest rates today at a fixed point in time as if that'sbeen the rate for the past 5 years. That example blatantly ignored the fact that interest rates were much much lower for a good chunk of time during that time frame, so the comparison failed on its own lack of merits. For me personally, I bought in at $88 in 2020. My return over that time currently sits at 35.2%. Since we're picking arbitrary time periods, show me a savings account giving that rate over the past 4 years and I'll show you a bank that collapsed.
Yeah but we can compare them to every other company on the market.
Your return was -11 in December.
Ah, but those members both have experience running major corporations and are not openly hostile to the board/company they are trying to join. Creativity or experience in content/entertainment isn't the only requirement, but you need to have something other than 'I like money'.
Transitioned 10 years ago to what? Are you saying they make the majority of their revenue from content and theme parks?
But that's not the argument you made. You compared them to a savings account. It was a bad comparison.
Honestly compare it to a toilet bowl and the toilet bowl looks good.
Why would I buy at $88 at the height of the pandemic? Because it didn't take Nostradamus to see that the market would eventually rebound, COVID would eventually pass, and people will seek out entertainment. I was fortunate to have job security and a small amount of extra funds to invest outside of my 401k, so I did and it's working out pretty well at the moment. That money in a savings account wouldn't have made me very much.Your return was -11 in December.
And why the hell would you buy that at $88? Who’s your stockbroker
…sell…by the way. Disney performance is not going to improve over the next year or two…which means if it goes up…it’s pure smoke
Sell…sell…sellity sell!!
If my toilet returns 35% more than i put in, I'm calling a plumber and maybe the EPA.
Ok but you would have made a lot more just buying SPY instead of a poorly run business like Disney.
His less than stellar financial performance is in part due to his steering companies in a direction. Those things are tied together and cannot just be separated.
lol…sorry, man
