“You don’t have to be a financial analyst, you don’t have to be finance major, to know that $80m is a ridiculous valuation. Eleven million people a year go to Disneyland. That’s $7 a person [or $77m a year] and you get [the rest of the company] thrown in free. It was a joke.” …” It’s good to learn from your mistakes. It's better to learn from other people's mistakes.” … ”And certainly the Disney sale in the ’60s was a huge mistake. I should have been buying, forget about holding, and selling.”
