Investing for Outsized Returns
Previously we mentioned the legacy media might be back in vogue. It was TV, in particular an analysis on ViacomCBS. Today we’ll look at another legacy media, radio, which I think is hotter than ever! In particular, Cumulus Media. Cumulus is the 3rd largest radio operator in the US, behind…
Last time we looked at MicroStrategy, as one of the most vocal and dominant corporate buyers of bitcoin. Today let’s look at Coinbase, one of the most dominant crypto exchanges in the US and the world. The company IPO’ed at $250/share in April 2021 (technically through direct listing). The stock…