Jan 8, 2024
Dan and Corey begin the show
by discussing Disney. They cover the company's
ongoing
proxy battle with Nelson Peltz,
its recent deal with activist investor ValueAct Capital,
the
negative impacts of its
"wokeism," the new Star Wars director's controversial
past
comments, and whether the stock
is worth buying today. (0:40)
Next, Jeff Muhlenkamp joins
the conversation and gives his reaction to a "surprising"
2023.
Plus, he talks about what's in
store for the markets this year, why it's unclear whether
we're
headed for a recession or not
since, and how you should structure your portfolio to
protect
you no matter what happens.
(26:23)
Then, Jeff explains what he
learned from the great financial crisis in 2008 and how he
applies
it to his investing strategy
today. He gives investors advice on everything from
keeping
some cash on hand to handling
stocks that soar quickly. (35:40)
Lastly, Jeff discusses regional
banking (44:00), two notable stock buys (46:47), and
his
process for picking stocks
(51:31). He details which metrics he looks at, why
financial
newsletters are good places to
look for ideas, and how to know when to exit a stock.