What are some deals that were widely hated by shareholders that ended up being home runs? Fiserv - First Data is one of a very few that come to mind. It seems quite rare.
@ShortSightedCap LMCA/Delta Topco aka Formula 1 to create $FWONK. Investors thought we paid too much to create any #VROOM
@ShortSightedCap Facebook/Instagram and Disney/Pixar (and probably Disney/Marvel)
@ShortSightedCap Bit too early to say home run no? Instageam and WhatsApp
@ShortSightedCap Microsoft was widely criticised for overpaying for LinkedIn
@ShortSightedCap Comcast buying NBCU in 2009 And Comcast nearly buying Disney in 2004 These emboldened Roberts to go forward with the Sky deal despite widespread ridicule/pushback
@ShortSightedCap Costar and apartments plus incremental investments in it
@ShortSightedCap Hated home run deals: $FB for Instagram $NVDA - $MLNX $MRVL - $IPHI $CRM - $DATA $MULE $WORK Hated deals that deserved to be hated: $INTC for $MFE $MSFT for $AQNT $VZ for $YHOO $T for Warner Media
@ShortSightedCap Major Acquisitions, Major Wins: -Google-YouTube (2006): Revolutionized Video Content -IBM-Red Hat (2018): Boosted Cloud Presence -Salesforce-Tableau (2019): Enhanced Data Analytics
@ShortSightedCap $BRK purchase of BNSF was controversial at the time. A capital intensive, cyclical business being purchased with a combo of cash and shares when BRK was trading fairly cheap. That turned out to be a steal.
