Coaster Lover
Well-Known Member
- In the Parks
- No
I would buy $500M in DIS stock and try to influence the board to get WDW right again.
Not to be a "Debbie Downer", but there are currently 1.5 billion outstanding shares of Disney stock and the cost per share is currently about $100 a share. $500 million only gets you about 5 million shares or 0.3% control of the company. By comparison, Laurene Powell Jobs controls about 4% and the Murdoch's will control 4.4% once they convert the 21st Centry Fox holdings for Disney. Owning 0.3% might get you a nice seat at shareholder meetings, but your influence would still be pretty small.