Warren Buffett on his 1966 investment in $DIS

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Thanks for sharing lol it is quite funny that one ride cost 20% of the entire company’s perceived value


Wow, 5% at 4M would be worth 17 **billion** today. Imagine that!


Part of the reason for Disney’s low value is something that hurt the valuation for all film companies at that time: the market hadn’t quite realized the profit potential in residuals and TV airings. On top of that, home video became a huge boon later on as well.


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Thank you. This is a good read, I am not confident on my tesla bet