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


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