The Walt Disney Company: A Complicated But Compelling Opportunity At Today's Levels

Walt Disney is a fascinating and complex organization. Its balance sheet has over $100 billion in intangible assets.

There are many ways to value this household name and we'll analyze those that make the most sense to us.

What is it that Walt Disney specializes in? Media? Theme parks? Branding? That simple question is more difficult to answer than many expect.

Walt Disney has at least temporarily lost some "magic" due to the coronavirus. This is offset by a vast empire of assets, brands, and businesses.

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