Episode 90: Interview With Beth Kindig
In episode 90 of Chit Chat Money, we talked with Beth Kindig, one of the top technology investors out there. Beth has experience working in the tech industry and now focuses on her own newsletter, which you can find here. During the interview, we talked at length on Zoom Video and Roku and then wrapped things up with a quick discussion on Fastly and Bitcoin. I learned a ton from this interview and think any listener will as well. YouTube Video Spotify Link Screenshot Summary
Why I Sold My Shares of Disney
I used to be a big fan of Disney stock. I thought because they had a tremendous moat and little-to-no competition that they would be a market outperformer. The “monopoly on happiness” as people like to say. But when the facts change you have to allow your opinions to change with it, and the pandemic has changed a lot about Disney’s business. In this post, I’ll go through Disney’s four business segments (Media, Parks and Products, Studio, and Direct-To-Consumer) and analyze ho
CCM Episode 73: Interview with Wall Street Bets
This week we had the pleasure of talking with Jaime Rogizinski, the creator of the Wall Street Bets Reddit page. We talked about what it is like dealing with a million person online community, the most and least successful bets made by users, and how he likes to trade himself. Other Segments this Week: Iger out Dorsey about to be out The Valleysburg Address Listen to the full show: Spotify Apple Podcasts Google Podcasts #Disney #Stocks #Twitter #WallStreetBets #Investing #Chi
Who is Bob Chapek, the New Disney CEO?
We all (and by we, I mean investors) got hit pretty badly this week. Markets were down 11.5%, the worst weekly drop since 2008. This consumed most of, if not the entirety of, the financial media news cycle. And rightly so. But that meant some big news fell through the cracks. And there wasn’t any bigger news than Bog Iger stepping down from his longtime CEO role at Disney. It was honestly shocking news, seeing as he had signed a contract through 2021 and he had said nothing a
13th Month Update of the MBP
*Link to the spreadsheet for anyone interested in how we calculate returns This is the 13-month update of the Market Brothers Portfolio, or MBP. It is a mock portfolio of our favorite investing ideas. Since it began in November 2018, the MBP is up 24.43% vs. the S&P 500’s 21.56%. All prior monthly updates can be found here. Absolute ReturnsAnnualizedPortfolio:24.43%22.55%S&P 500:21.56%19.90%Difference2.87%2.65% MonthMBP ReturnsS&P Returns00.00%0.00%1-8.38%-9.65%24.37%0.78%310
Is It Smart to Bet Against Netflix?
I recently finished the book Netflixed, by Gina Keating. Besides being a fantastic read, the book had plenty of insights into the company’s management team and business model. It is a must-read if you are long or short the stock (disclosure: I’m neither). The book was published in 2012, so it misses the last seven years of Netflix’s history. However, I think the story holds up well even with the TV landscape changing dramatically during that time. Reed Hastings is still the C
The Forever Businesses
Some stocks just take care of themselves. It could be the quality of the business model, no competition, or the stellar executive team (ideally all three), but whatever it is, certain stocks require little upkeep. Obviously, you can’t just buy something and literally forget about it for forty years. Earnings letters need to be read, and business plans evolve. You don’t want to end up owning the Sears of the 2050s and not know it. But that’s typically the only work needed to s
CCM Ep. 59: How to Make a Billion Dollars in America
No interview this week, so we dove deeper on some news topics from the past week. I hit Facebook Pay, which I think will be additive to the War on Cash companies (Square, PayPal, etc.) instead of taking their business. Ryan dug into the latest developments in the streaming wars and why the Apple subscription bundle is a great idea. Other Segments this Week: What $28 billion business should Buffett buy? How to make a billion dollars in America (wrong answers only) FMK between
Disney, Netflix, and Sports
Why would you need anything else? At the Apple event this week, they announced the price point for their video streaming service: $4.99 a month, and free for a year if you buy a new Apple device. That’s a great deal for consumers, especially compared to the pricier streaming options like Netflix or HBO. The problem is, I can’t come up with a reason why anyone would want to subscribe to it. Demand for video content has already been filled, and Apple is coming in with no season
CCM EP. 47: Tesla Solar Issues, Disney Momentum, and DataDog S-1
On this week’s Chit Chat Money we had a vibrant discussion covering Tesla’s latest issues and Disney’s giant momentum going into the fall. Hit the links below to follow the show, which comes out every Tuesday. Other Segments this Week: DataDog S-1 brings that Big Data Energy Recap of Succession episode 3 MarketWatch? or CNBC? Listen to the full show: Spotify Apple Podcasts Google Podcasts #Disney #Stocks #InvestingPodcasts #Tesla #Investing #DataDog
Will Disney’s $12.99 Bundle Work? What Should they do Next?
At first thought: definitely. And that seems to be what every financial columnist thinks right now, who may be prematurely giving Disney the streaming crown. I think they are likely right, but as the great Charlie Munger says, “Invert. Always invert.” And with CEO Bob Iger stating on the quarterly conference call that “Nothing is more important to us than getting this right,” investors in Disney should be asking themselves, how could Disney+ flop? Before we get into that, let
Disney is Treating Streaming as a Loss Leader
At a media event on April 11th, 2019, investors finally got some information on the highly-anticipated Disney+ streaming service. It is going live on November 12th, will cost only $6.99 a month (nice), and will be kids and family focused. Wall Street apparently loved the announcement, with Disney shares up over 10% during intraday trading. The beautiful thing about streaming for Disney, at least from an investors perspective, is that they can treat it as a loss leader. The en