Purchase: Disney (DIS)

Don't think you will get rich off this but shouldn't lose money either. Trading near 10 year lows (was about 5% lower before) and coming off pandemic business decline. They recently cut dividend, which is always a bad sign, but their streaming losses are declining. 

Risk with Disney (NYSE: DIS) is that they make a lot of money off sports cable television (ESPN) and that is declining and don't know how long they can earn so much off that.

Long-term ROE should be 12-15% (median 10 year ROE is around 12%.)

Purchase price: $88.78

Comments

  1. mohdsahilApril 16, 2026 at 12:09 AM

    Fundedfirm is dedicated to empowering ambitious investors by providing the substantial capital and professional environment necessary to thrive in global markets. Recognized as the best prop firm in Vietnam, it offers funding up to $100,000 with a transparent evaluation process that rewards discipline and consistent performance. Traders enjoy industry-leading profit splits of up to 100% and a lightning-fast bi-weekly payout system that ensures your hard work translates into tangible rewards. With low spreads, high leverage, and a state-of-the-art dashboard, Fundedfirm provides the professional-grade tools required for Forex and crypto experts to scale their strategies and achieve lasting financial independence.

    best prop firm in Vietnam

    ReplyDelete

Post a Comment

Popular Posts

Warren Buffett's Evolution and his Three Investment Styles

Image
A Young Warren Buffett In a comment to one of my posts , Mark Carter, who incidentally appears to have a  good blog worth checking out , asked: "Buffett Prime is 1970's to early 1990's" Could you elaborate? I have vaguely indicated how I view Warren Buffett in the past, but I thought I would detail my view of his investing behaviour. This is more of an opinion piece and many others would disagree with me (if you do, I'm curious to hear your thoughts). I don't follow Warren Buffett as closely as many value investors so I may get some facts wrong. My view is that Warren Buffett went through three different phases, with each consisting of different investment techniques. The overall investment theory remained the same—what people call value investing—but his execution, tactics, and strategy differs across the three phases. Some people may break up his career into additional periods but my feeling is that the three I will describe essentially capt...
✖ READ MORE >>>

Thoughts on the stock market - March 2020

Image
Right now, DJIA has a P/E of 16.8 and forwand P/E of 15.1, whereas S&P 500 is at 20.1 with forward P/E of 15.8. Source: WSJ market Data If you ignore interest rates and inflation expectations--both of these influence valuations but depends on your macro call-- the market is not cheap. Long-term P/E is around 15. Trailing P/E is around 20% (Dow) to 40% (S&P500) higher than average. Forward P/E is in line with long term average but that assumes a strong V recovery. Consensus forecast is for profits to drop 1.2% in 2020. In 2008, it dropped 25.4% so current forecast is a very mild recession. Covid-19 coronavirus is not going to last more than a few months but these forecasts are still too rosy in my opinion. So I wouldn't rely on forward P/E. The richly valued (mostly tech or high quality) have not fallen much but the distressed ones have. So if you want to outperform in the long run, I think one’s choice right now is to: • Wait for market to fall another, say...
✖ READ MORE >>>

John Maynard Keynes - A great investor

Image
John Maynard Keynes Many readers have likely heard of John Maynard Keynes, arguably the most influential economist of the 20th century. Keynes is most famous for debunking the old theories of classical economics and developing a systematic way of analyzing macroeconomics with consideration of politics and philosophy. Yet, I'll bet that only a few readers would know that he was also one of the top investors of all time. Investing wasn't Keynes' main job and he wasn't exactly a money manager so his investing activities aren't widely known.
✖ READ MORE >>>