Disney Tells Wall Street What It Wants to Hear

I’m just going to say it. Josh D’Amaro’s transparency will get him in trouble one day. The CEO of The Walt Disney Company lacks artifice, a rare trait in the corporate world. At some point, Wall Street will hold his honesty against him. Today’s not that day, though. If anything, investors have shown Disney lots of love for revealing its hole cards. D’Amaro and his team just told Wall...

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