Disney stock is down ~56% from its high in March 2021 and its last three consecutive quarters have seen a drop in Disney+ subscribers. Disney is even trading lower right now than before its huge run during the pandemic.
And I’d love to hear the scenario where it gets those gains back in a reasonable amount of time outside of the context of yet another pandemic. Seems like a terrible investment to me.
But like you said, we’ll just have to agree to disagree.
Yep. We will. I don’t read so much into fluctuations in the stock market, especially highly distorted views like “let’s compare a company to its 5 year peak to assess how they’re doing.” What has Meta done in the last 5 months to triple its value? Why is Amazon down 25% from its 5 year peak? Why is Tesla down over 50% from its 5 year peak? I guess these companies are worthless and Meta is taking over the world? No. The stock price measures the perceived opportunity for gain from short term speculative investment, not financial performance, not assets, not the strength of the Disney IP catalog.
Disney stock is down ~56% from its high in March 2021 and its last three consecutive quarters have seen a drop in Disney+ subscribers. Disney is even trading lower right now than before its huge run during the pandemic.
And I’d love to hear the scenario where it gets those gains back in a reasonable amount of time outside of the context of yet another pandemic. Seems like a terrible investment to me.
But like you said, we’ll just have to agree to disagree.
Yep. We will. I don’t read so much into fluctuations in the stock market, especially highly distorted views like “let’s compare a company to its 5 year peak to assess how they’re doing.” What has Meta done in the last 5 months to triple its value? Why is Amazon down 25% from its 5 year peak? Why is Tesla down over 50% from its 5 year peak? I guess these companies are worthless and Meta is taking over the world? No. The stock price measures the perceived opportunity for gain from short term speculative investment, not financial performance, not assets, not the strength of the Disney IP catalog.
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