Aurel Posted November 17, 2022 Share Posted November 17, 2022 https://www.cnbc.com/video/2022/11/17/watch-cnbcs-full-interview-with-liberty-media-chairman-john-malone.html Link to comment Share on other sites More sharing options...
Gamecock-YT Posted November 17, 2022 Share Posted November 17, 2022 You can always count on Greg doing things right before he's about to get chewed out. Link to comment Share on other sites More sharing options...
WayWardCloud Posted November 18, 2022 Share Posted November 18, 2022 Malone has this awkward sentence at 38:47 of the CNBC interview: "Despite my Irish heritage, I'm an American" even though he was born in Connecticut. Ireland is known as a tax heaven and he owns land, a castle, a hotel and a golf course there. Malone is famous for hating taxes and being a libertarian. He has two children and he publicly praised Murdoch for his smart estate moves with Fox. Although I do not believe Malone's children are interested in running any of his companies like the Murdoch brothers were I'm fairly convinced Malone's primary focus these days isn't to grow shareholder value but to prep his empire for a tax efficient transition to his heirs, potentially by renouncing US citizenship. I'm not sure how this affects or doesn't affect common shareholders but he's shown willing to screw everyone else for his own interest as recently as the CWC/LILA deal and the LBTYA/LGF deal so I worry the next time he will throw us under the bus will be for estate planning purposes. Link to comment Share on other sites More sharing options...
ValueMaven Posted November 30, 2022 Share Posted November 30, 2022 Looks like the 2022 Investor Day slides have been posted. Link to comment Share on other sites More sharing options...
WayWardCloud Posted November 9, 2023 Share Posted November 9, 2023 Investor Day is upon us Super bearish Malone : Greg Maffei: Gosh I love David Faber! Link to comment Share on other sites More sharing options...
scorpioncapital Posted November 10, 2023 Share Posted November 10, 2023 Lol, this smooth talking hypocrite is saying to deleverage now. You got to do these things before the sh*t hits the fan. Otherwise you are not a great investor!! Better yet, like Munger says, don't get into situations of reckless debt at all. Link to comment Share on other sites More sharing options...
skanjete Posted November 10, 2023 Share Posted November 10, 2023 what he's saying is : if you have stable cash flows, you take on leverage when money it's cheap and pay it back at a discount when the sh*t hits the fan. Link to comment Share on other sites More sharing options...
ValueMaven Posted December 12, 2023 Share Posted December 12, 2023 Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now