Discovery Inc is set to pop maybe 3X in the next year…and here’s why…
by Wonderboi1995 https://purplefloyd.substack.com/p/at-and-t-analysis I started analysing AT&T and then stumbled upon the reason Burry is investing in Discovery. Here’s an excerpt: Warner Media should be worth at least ~$100Bn. AT&T will only own 71% of spin-off $100Bn(0.71) + 130Bn = $200Bn. AT&T current market cap = $180Bn…Not a HUGE discrepancy, but it’s undervalued using extremely conservative estimates. … Read more