Yeah good effort but 5 years is meaningless really. Not even half a cycle, even ARKK probably beat market over 5.
Think Buffetts famous bet they were ahead after 5.
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Wow down 90% from March '21 week highs. And 50% this year alone. I guess Buffet loves old movies because PARA's library (CBS, Showtime, Paramount Pictures) is very old. The real world value should be in future demographic and behaviour and Paramount Plus is not a service I would subscribe to. Paramount $931 debt service costs is haemophilic. PARA has some good realty which is possibly under valued, however, that said its Manhatten holdings doesn't mean as much post Covid. Its LA studio, like it's IP, is a shining beacon to what once was. I would be hoping some bottom fisher buys it. Good luck to holders and buyers
if the price went up it would be even more high risk to me.
Im meaning high risk because of the industry they are in. highly competitive where in the med - long run not all players will survive.
I did say i saw value that being there cashflows are very good and there library of content is good. but there debt is very high and there streaming service like many others in the space is not profitable.
who knows why buffet brought do you have a guess what he is looking at ?
Apparently weak 30-year Treasury auction is pushing yields higher and equity markets lower today
That's a bond market problem causing trouble to equity valuations ....when all Govts have so much debt already then how they afford to pay higher interest costs when rates go sky high ...they need borrow more thus too much supply leads to bonds under pressure thus yields up ...VICIOUS Cycle . Maybe controlled 2-4% Inflation on longer term or accepting little higher inflation is the only way out of this debt spiral
Heard on CNBC that US treasury alone is issuing almost $ 500 Billion debt per week !!!!
David McEwen....Naughty Boy.?
https://sendy.tarawera.co.nz/l/J6oLV...Kx0feoRSK2ewXA
Alarm bells ringing for sure. Whenever does the FMA ever act on anything unless it is of a very serious nature.
When corporates and households were locking in almost 0% interest rates on debt Mnuchin ignored Trumps calls for locking in 50/100 year bonds. At the very least they could have done a book build to see what demand there was. I'm sure the US treasury is looking in the rear view mirror now.