No matter if the day’s headlines are about the Federal Reserve, China, the Presidential debates — I don’t care what it is — chances are, 95% of the time it’s just market noise. It’s important for investors to spend the majority of their efforts looking for market opportunities. I’m not saying this “noise” should be completely ignored, but for most investors it means this should be filtered through a lens that’s focused simply on buying shares of fantastic companies at reasonable prices. #-ad_banner-#This has been on my mind recently during the volatility we’ve experienced during the past few weeks, and… Read More
No matter if the day’s headlines are about the Federal Reserve, China, the Presidential debates — I don’t care what it is — chances are, 95% of the time it’s just market noise. It’s important for investors to spend the majority of their efforts looking for market opportunities. I’m not saying this “noise” should be completely ignored, but for most investors it means this should be filtered through a lens that’s focused simply on buying shares of fantastic companies at reasonable prices. #-ad_banner-#This has been on my mind recently during the volatility we’ve experienced during the past few weeks, and it’s drawn my attention to a sector we don’t often talk about here at StreetAuthority. On August 4, media entertainment giant Disney (NYSE: DIS) reported quarterly earnings. In its conference call, management said that cable subscriptions to its ESPN network would fall about 1% in 2016. For some reason, this seemed to shock investors, although this was not new news. The so-called “cord-cutting” movement — that is, consumers who choose to drop their cable services in favor of cheaper streaming alternatives like Netflix and Hulu — has been a known factor for some time. Nevertheless, shares of Disney took a dive,… Read More