Indeed they have been, they should have a long runway for that since their fixed rate debt is pretty low.

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I think they said quarter to date so I assume it was up to this time this quarter vs this same time frame last quarter.

See my last video for a new portfolio I have with a variety of companies I like. I also share my active portfolio in a link in that video (docs.google.com/spreadsheets/d/1lm3ZQg_PEmg8N4TZRe1NUgWPxtqH5RB58RJ8UD93FAE/pubhtml?gid=1571600298&single=true )

Are the prices any good or is it simply convenience?

Didn't work, change again.

Can't disagree with that. Most of my positions are what I'd consider high quality businesses but if some of these other cash flowing businesses get cheap enough, the stock buyback story becomes attractive with some upside from returning to growth there. Neither of these fit the bill at these prices though.

That's true but the last guy lasted a year so while this guy has more tenure(given that he was CEO from 15-22), if the business doesn't turn around quick, I could see them moving on again quicker than usual. I suppose you could still blame the problems on the last CEO but Todd Vasos has been in there for almost a year now and the business we have today is basically based one built on his decisions.

It is but I'm pretty familiar with most of the companies and enjoy this aspect of investing as evidenced by this channel. I think you're right, as long as you've got a long enough horizon and stay employed, a recession isn't a huge deal from that perspective. I do think these stocks have the potential to be market beating in the next decade so it's not just a strategy to do less bad during a recession but just a way to invest in some companies I like in a rather passive way.

Glad you liked it!

Generally you just get those numbers from the earnings calls but companies like Nielsen also do a lot of tracking of various stores but Monster/Celsius will aggregate that data for you on their earnings calls or annual meetings. Here's an example from Monster investors.monsterbevcorp.com/static-files/4d228451-b20f-4452-96cb-99de55fabe85. However off cycle you can often read updates/news reports on Nielsen data because access to that tracking data is not free so unless you pay for it, you really just have to wait for these types of updates.

Definitely a fair take, they do need to just focus on quality content over anything else. It's tough to gauge how things of that nature impact their financials though.

The average person doesn't care. That's a terminally online viewpoint. It only matters in so far as the quality of content has gone down. But the average person doesn't care about their "side"

So the 1:1 conversion is at the current stock price so while the return does increase if you buy lower and the stock price steady at lower prices(because more people will convert to cash and that cash becomes a bigger part of your return, you can see that if you play around with the PARA price at F5), there's certainly the risk that stock price will fall and your return if you buy at the prices in the video will be worse and that has turned out to be the case. The people who bought at 11.18 expecting a 15% return are certainly not happy with where it's trading now as their expect return at today's price is down to about 10%. However, if you are buying now, your expected return at today's prices is closer to 20% since that cash becomes a bigger part of the overall pie and is fixed.

Well we're almost halfway there since this video came out...

@@ILoveTinfoilHats hah! Thanks for reminder

I’m learning!

You’re thinking low 30s for monster then?

@@TimeintheMarket Yeah, low 30s would make me consider it. That's low enough that if they don't grow, it won't hurt much, and if they do return to 10% growth, it will see some nice gains. Even then, I'd have to track carefully if their sales come from new consumers or from price hikes. I don't know if or how long they can pass on price increases to the consumer. As always thanks for the content!

Yea I doubt the turnaround if any is coming anytime soon. For the NBA lawsuit, I assume they're just trying to get some money out of the NBA and not sure they actually felt like the lawsuit was going to help them retain the rights.

@@TimeintheMarket The NBA don’t owe them a penny, the agreement was up hence it went out to tender and WBD for whatever reasons have lost the rights they can’t sue for anything NBA were 100% within their rights to take their company to the best partner fit. I agree I don’t see any change anytime soon, House of the Dragon season 1 was the number watched show in the world and yet WBD dramatically slashed the budget half way through season 2 and it showed. Even the show runner has called that out.

Indeed, I'll never understand why they would want their marquee show to cut back from 10 episodes to 8. Sure, you'll save some money but this world is a staple of your content for the next decade so this is where you want to be investing.

Thanks! Yea the debt is a problem that they're working on but it's not the reason for the failure to be anywhere close to their touted 2023 targets, just poor management, poor DTC growth and a declining industry that's hard to combat.

Yea the management commentary on the call didn't give me a lot of confidence in the growth path for the next few years. I think the thesis changed here and this could be dead money for quite some time while you wait for legacy media to stabilize and digital to actually start growing. There's a lot of potential with the IP and content generation here but it's just being mismanaged right now.

I don't know how to make good thumbnails :)! What should I be doing, making the stock ticker/company name more obvious?

@@TimeintheMarket yes. And flames!(joke) Maybe look at how other creators are doing it. See what catches your eye and why. Why is one video attracting your eyes and others aren't?

I like it. I wouldn't change it. But I'm probably not representative of the majority.

​@@TimeintheMarketHere's an example of an eye-catching thumbnail on the same subject: kzbin.info/www/bejne/rIC4eoCvZtaeY68si=al801b9CcAOegV32 I'm here because I was looking for a more detailed vid - which yours is - but that thumbnail attracted me first. You've got good content though, so I don't think the commenter is being obnoxious.

I think they're doing an OK job paying down the heydude debt so far, not a great acquisition but it won't be a killer long long term.

That's not a bad deal, a decent call yield if volatility stays high and you can keep getting 3-4% every few months even if you limit upside.

Yea sometimes if a position gets overweight, nothing wrong with selling especially if it's been a huge compounder already. I actually ended up selling another ~15% of my apple position around 210 today. Still fully believe in Apple but there's nothing wrong with not having 35% of your individual portfolio be one stock.

I know they exited the US which means the big players here will continue expanding. I'm sort of looking closer at fanduel and draftkings if this market presents any opportunities for either.

Just made a video about both!

Big time.

Acquisition was a big mistake in my opinion

Not much, it's a hard business to do consistently well, seems to run in cycles too, but the valuations like you said do get interesting at times. I'll take a look at CPA since I'm not too familiar with the more international airlines.

Agree, looks like the market is sending this back into the 50s, might get interesting here.