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Ep 364. Q&A: Entertainment, Intrinsic Value, Cyclicals, Dark Stocks, and The Too Hard Pile

Focused Compounding

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Is There a Competition for Movies?

A large part of movie theatre s ie, say, 13 to 30 people going out in the us. There are other groups around that: corps movie going demo and superior movies. The average person who's going to a movie is probably watching ten to 15 times more t v than a movie theatres. A long time ago, they were more general entertainment, am. And when t v first came out, it was real competition for them. Movies then had to become what you can't show on t b. Ot, if you watch some very old movies, a lot of them work well as movies, but they would work really good on t v.

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