"Davis called this sort of lucrative transformation "Davis Douple play." As a company's earnings advanced, giving the stock an initial boost, investors put a higher price tag on the earnings, giving the stock a second boost."
-The Davis Dynasty
Most of what is cited are government contracts. You see the government, which you help run, wanted services and decided his company was best to provide them, which they did at a negotiated price. How on Earth that entitles you to the profit he made providing those services, which you guys wanted and agreed to, is beyond, well anyone especially you and yours.
And the subsidies he got for electric cars were FROM YOUR PARTY because he did WHAT YOU WANTED HIM TO (remember when he was your darling? Nah, you don’t do you?). You don’t get to cry over those either.
“Our money.” Disgusting.
@RyanJ_Heath Actually, MLB has had 14 winners in 20 years, vs NFL’s 13 and NBA’s 12. The issue isn’t the Dodgers trying to win; it’s teams like the Marlins who aren't. Plus, maybe leagues are better with dynasty villains. Maybe adding a salary floor would force everyone to compete.
@FocusedCompound What are your thoughts on the Netflix and Warner Bros merger? Do you believe it will be completed? How will this merger affect theaters and the entire entertainment industry?
"Great moments are born from great opportunity." 🗣️ This Miracle mashup could give you chills 🥶
📺 #4Nations Face-Off Championship | 8 PM ET | ESPN, ESPN+, Disney+
🏒 “Miracle” starring Kurt Russell now streaming on Disney+”
@FocusedCompound Looking at the beauty and skincare sector, particularly Estée Lauder, its p/s is at 2.6, near a 10-year low. Margins have been nearly halved. The company remains family-controlled and is replacing its CEO. Historically, EL has maintained strong gross profits to tangible assets
@StockJabber Andy Silvernail was an equity research analyst at Fidelity and most recently CEO of $IEX where he led a successful acquisition program and stock 6x’d over his 9 year tenure. He’s at a private company now.