"ah but $WBD is not a great business, it's media" Mate, if you keep buying tortilla restaurants at 40x PE the only business that sucks is your portfolio.

My hurdle rate is $WBD. I am struggling to find better opportunities (outside China) better than $WBD. I am pretty sure it is the safest bet in the US above 5B market cap for an expected return >15%

"If you see a CEO out there signing autographs in tits, sell the stock" - Buffet