Shares of McDonalds (NYSE: MCD) have had a heck of a run over the past three years, much of it down to the performance of the underlying business. I remember some folks writing the fast food giant off back in the 2015 period. Numbers from the company were rather poor – including an alarming 4.1% same store guest count decline…
Monthly Archives
December 2018
The recent history of Walt Disney stock (NYSE: DIS) provides a good deal of valuable insight into long-term investing. Take the most recent twenty year period as a good illustration. Back in the late-1990s/early-2000s Disney shares were exceedingly expensive based on pretty much any valuation metric. Indeed, it was fairly common to see the stock trading well above 30x annual…
December 5, 2018