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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks D / The Walt Disney Company (DIS)
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Author: ajm101 ✶  😊 😞
Number: of 91 
Subject: Re: Restore the Magic
Date: 03/18/24 5:02 PM
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I think YouTube: Nelson Peltz is a 'net destroyer of value', says Yale's Jeff Sonnenfeld (CNBC Television) makes my case better than I did.

I did not realized that Disney took their pension fund money out of Trian because of underperformance: reuters.com - Disney attacks investor nelson peltzs motivations qualifications

Disney's updated proxy filing goes further, noting that Trian was terminated as an investment manager within the company's pension plan in 2021 after underperforming the S&P 500 by more than 500 basis points, on an annualized basis, over eight years. It says Peltz "offered excuses for the underperformance," and, in July 2022, mounted the first of two campaigns to win a board seat.
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