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  "documentTitle": "The Walt Disney Company (DIS)",
  "authorId": "06_Trian_Partners",
  "authorName": "Nelson Peltz",
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  "presentationDate": "2024-03-01 00:00:00",
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  "notes": "Uses a dot-matrix visualization to contrast losing vs. winning trading days.",
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      "kind": "callout",
      "text": "If a Disney shareholder bought stock on 93% of those days, their shares would be worth less than they paid.",
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      "text": "2,333 Trading Days Where Investors Who Bought Disney Stock in the Last Decade Would be Underwater",
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      "kind": "chart",
      "text": "186 Trading Days Where Investors Who Bought Disney Stock in the Last Decade Would Have Made Money",
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      "text": "trading days: 2,333",
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      "kind": "paragraph",
      "text": "During the ten years leading up to October 6, 2023 (the trading day prior to Trian resurfacing), there have been 2,519 trading days. If a Disney shareholder bought stock on 93% of those days, their shares would be worth less than they paid.",
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      "kind": "source-note",
      "text": "Source: FactSet as of 10/06/23. Note: Assumes shares are held from purchase date applying each respective closing price through 10/06/23. 10/06/23 represents the trading day prior to the WSJ article titled \"Nelson Peltz Boosts Disney Stake, Seeks Board Seats\" by Lauren Thomas and Robbie Whelan reporting on Trian's increased beneficial ownership in Disney shares and expected request for Board representation.",
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      "kind": "title",
      "text": "Buying Disney Stock Over the Last 10 Years Has Been a Losing Proposition",
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