Last April, I posted about the great advantages that Disney would have by squaring up in the streaming space (The Magic Kingdom). I added to my position at that time and added some more during this March's rout.
Today the market is finally waking up in a big way and Disney is shooting up.
Often the biggest bangs in equities comes from discerning good value, positioning in the security and, then, waiting for the market to recognize the value. So many people switch stocks like they switch their clothes. By moving around so much, when the market finally recognizes the value, those “investors” have come and gone. If they get back in later, they have to "pay up". The result is that they miss much of the gain.
So, position with quality stocks and be willing to wait for the "story" to unfold. You might find yourself a Magic Kingdom!
Be smart, be well-read, be aware and be successful.
