A great start to the day!
I got to read an article on one of my favorite websites, www.CNBC.com, about my favorite place in the world, Disneyworld! http://www.cnbc.com/id/23015251
The article was explaining how Disney's quarterly earnings were higher than expected. The stock slumped a bit but is now starting to recover. Let me say this right now: I AM NOT A STOCK MARKET EXPERT! And I can't tell you how Disney's other segments are doing (ABC, ESPN, etc.). But I do know Disneyworld. I go to Orlando at least 4 times a year and visit the parks at least twice that. And believe me, I know what I see.
Even in the tough economic times we have today, even when it's cold in Florida, even is it supposed to be the "slow time" at Disneyworld, the place is rockin'. It's not cheap to get in but it's worth every penny. You will never get better entertainment for your dollar. It is truly, in my opinion, the #1 tourist attraction in the world.
In the article, Matt Kaufler of Clover Capital Management said "It's a great beat, I'm most focused on the attendance level at the theme parks, as well as what their comments will be about business conditions going forward." I'm sure Matt is looking at all the charts and stats and anaylizing the numbers. Thats what he does.
But all I do is see the lines to get in the Disney Parks, the Disney mechandise bags that most every "guest" is carrying loaded with Disney shirts and trinkets, the Disney hotels which always have loads of people staying there with lots of kids waiting for their Disney dreams to come true, and the best part, the look on the faces of kids of every age when they see their favorite Disney character close up (that would be Mickey for me!) and the smiles that take up most of their faces.
Again, I'm not a Wall Street expert. And I know those "smiles" are worth millions of dollars in revenue but even better than that: trillions in happiness. And that is a product that sells itself.
If you have any comments on this article, I would love to hear what you have to say! Feel free to comment below.
Thanks for reading!
Dan Tenchall
Great Lakes Mortgage Funding
For FREE Mortgage tips, Mortgage Calculators,must have articles and much more please visit my website!
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(586) 532-0600
dan@glmf.com
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