Market Rambling -- This Is NOT An Investment Site -- Usual Disclaimer Applies -- June 30, 2022

ATT (T) maintained its dividend and is yielding over 5%, and doing fairly well in a "down" market. 

I have a reader who keeps talking about Disney as an investment. We are yet to see  DIS's low.

Perhaps.

But it seems folks are making this too difficult. 

Very different sectors and different businesses, but in the big scheme of things, DIS is a lot like T. 

Instead of obsessing about whether or not to buy DIS, simply park your money in T while deciding whether to buy DIS or not.

Park it in DIS and get 0% yield. Park it in T and get a 5%+ yield while waiting.

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CLR

On another note, remember that Harold Hamm "tease" about taking the company private.

No news in several weeks.

I'll do the math later, but imagine how much free cash flow Harold Hamm must have if he is able to buy the rest of his company.

Now, think about all the other shale companies NOT going private and how much free cash flow they must have. 

Instead of taking their companies private, their boards are going to authorize increased dividends and share buybacks. 

 

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Sailing School

End of day. Ninth day of sailing school.