The Wall Street Journal has an article which, among other things, suggests that Warren Buffet may have recently considered buying back a significant stake of Disney Stock if not for the 9/11 attack, which has severely impacted Buffet's vast insurance company holdings. Here's the link:
http://public.wsj.com/sn/y/SB1002233564777461400.html
Such an endorsement would have been enough of a stimulus to push Disney's valuation in the right direction, without question. I think that Eisner knew that, which is why he mentioned it in the interview. He's no doubt using that mention with the hope that the mere thought that Buffet may have considered the offer might be enough to turn other investors bullish on Disney. Smart man. I have to give him credit in that regard.
http://public.wsj.com/sn/y/SB1002233564777461400.html
Such an endorsement would have been enough of a stimulus to push Disney's valuation in the right direction, without question. I think that Eisner knew that, which is why he mentioned it in the interview. He's no doubt using that mention with the hope that the mere thought that Buffet may have considered the offer might be enough to turn other investors bullish on Disney. Smart man. I have to give him credit in that regard.
