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RE: Hulu - Another Of Wall Street's Overvalued, Worthless Money-Bonfires (See: Netflix, Tesla)

in #investing7 years ago

I note the reliance of propagandists on media companies, and further, that the compensations requisite for dissemination services are necessarily covert. I suspect strongly that this is actually the majority of income for such entities, and why they seem to be cherished, yet incapable of supporting their favored status with their balance sheets.

From a strictly financial perspective, I bet they are amongst the best investments as a result of the covert nature of their actual income. From the perspective of folks that required good information to develop policy productive of societal benefit, their the enemy.

I only wish their balance sheets reflected their actual prospects.

On a side note, this is what makes me most suspicious of Musk.

Thanks!