Our latest 76report was just published. In this issue, we focus on two important investment opportunities that we know everyone is looking for some clarity on: gold and Disney.
Gold is on a tear. Up more than 15% since the end of February, gold has broken out of its post-pandemic trading range and is setting new all-time highs. We explain what is behind the recent move, examine supply and demand for gold in a historical context, and share our thoughts on how investors should be positioned. Gold-related investments are a core component of our Inflation Protection Model Portfolio.
Could something magical happen to Disney? The 2024 proxy fight is over, but Disney’s challenges remain. We take a close look at the sum of the parts value proposition that brought activist investors into Disney in the first place and examine the risk/reward on Disney shares going forward. We also describe how Elon Musk, or another activist, could take a stake in Disney and lead a grassroots effort to change the shareholder base—and potentially unlock tremendous value.
