
Ep 381. Disney and Nelson Peltz, Carvana’s Fall, Pair Trading Strategies, and Charlie Munger’s Top 3 Places to Find Stocks
Focused Compounding
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The CFO and CEO - What's the Story?
Disney has shown poor judgment on recent M&A, including overpaying for the 52 billion, 21st century Fox assets. And bidding aggressively for sky and increased financial leverage and deterring cash flow resulted in eliminating the dividend,. Even as COVID receded in parks, even as surpassed historical levels. Two corporate governance poor shoulder engagement as he's bored and leadership consistently failed on succession planning over the top compensation practices. The things that they bought are likely to have value, you know, continuing.
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