Showtalk said...

They could have anticipated that reaction if they were being honest.

That's just it... they aren't honest and are kowtowing to the LGBTQ+ community to boot!

Their demise is of their own making!!!

FWIW

Hahahahaha.

<holding thumb and forefinger close together, moving other hand in tiny motions nearby>

That's the world's smallest violin playing "my heart bleeds for Disney".

But then I have never been to a Disney property and will die happy if I reach the end of the road without ever having done so.

They keep getting more and more expensive, and it's about a 1,600 mile trip to go to either one, on top of horribly exhorbitant lodging and such.

Fortunately, a growing fraction of the population can't afford to go there, with things like student loans and rent that eats up nearly all their income. And a shrinking number can afford to have children, so there's none of those screeching to go attend a theme park either.

Like country clubs and a lot of other things that flourished when we Boomers were in our prime, these too are now a dying thing precisely because too few people have that kind of money to blow compared to 50 years ago.

I'll wait until their stock collapses like that crypto Ponzi scheme or tanks like Enron did, and get that bottle of champagne out.

I was born and raised 20 miles north of Disney World (Dad had a year-pass for 10 or so years, so I visited there over 100 times), visited Disney Land in Anaheim in 1977 once and have gone to Disney Land Tokyo twice... last time was 23 years ago.

FWIW

$1,661.87 in cats (ROCKETMAN_S) said...

I'll wait until their stock collapses like that crypto Ponzi scheme or tanks like Enron did, and get that bottle of champagne out.

Well, if anybody really thinks they won't go under... now is the time to buy their stock!!! I'm not going to do it however.

FWIW

WALTER784 said:

Well, if anybody really thinks they won't go under... now is the time to buy their stock!!! I'm not going to do it however.

Or, if one really thinks they are going under, now is the time to short sell their stock.

Down side is, if it takes off again, you could be wiped out by the margin call.

Sort of like how some people banded together to make a bunch of hedge fund types lose a fortune on GameStop by forcing the price to rise when the hedge fund types had a short position on the stock.

LOL...

Yep, stocks are always a gamble.

And just like with any gambling... never bet more than you can afford to lose.

That's why I've always called gambling a game for the rich.

Sadly, however, many poor gamble everything in an attempt to get rich, but end up losing everything, but they go right back and continue doing it over and over and over.

Whether it's stocks, lottery ticket, horses, Jai alai, dogs, casinos or any other gambling sport.

FWIW

The people who gamble the most are those who can least afford to lose.

I'm proud to say I have never bought a lottery ticket, and I've never been to Las Vegas.

In the late 1990s, I once had to pre-pay for gas at a busy convenience store at about 6 AM in Brownfield, TX needing to be in Midland by 8 AM.

In front of me was this lady who bought 200 "scratch and lose" lottery tickets. And held up the line for quite a while as this was being processed. Then she bought a half gallon of milk with food stamps, and drove off, where I could finally fill my gas tank and get on the road.

I also noticed about 4 or 5 "stair step" kids packed into that car.

$1,661.87 in cats (ROCKETMAN_S) said...

The people who gamble the most are those who can least afford to lose.

Yep, that's why they're always broke... but they just don't realize it.

Here in Japan, pachinko parlors are quite famous. Numerous friends of mine are hooked on them. They spend all of their free time at the pachinko parlors.

They all tell me about how they won $300, $500, $1,500 and more.

I then asked many of them (I think 8 or more) to start keeping track of how much they spent vs how much they won over a 3-month period of time. I told them that they probably lose more than they win but none of them wanted to believe me.

After 3 months, they were all surprised... each one actually lost more than they won. I don't remember the actual figures, but one said he won $7,000 but he spent $12,000 to win that $7,000, spent $800 to win $500, etc.! Others were similar, but in smaller amounts.

What I find really strange is that these guys who are hooked on pachinko spend like 5 or 6 hours a day in those pachinko parlors to win just a few hundred dollars. It's probably more than they could make working part-time at another job, but they often loose more times than they win too. So, all the times they lose, they would have actually won more by working part-time elsewhere!

FWIW

Way back when Texas introduced a lottery under Governor Ann Richards, something I used to tell people was - a lottery is a tax on people who are bad at math.

Same with other gambling. The odds always favor the house. Thus, the more you gamble, the greater your accumulative losses.

Like someone gambling 12,000 to win 7,000 - that lost $5k would buy a lot of bread and milk and medicine.