Why Did David Ellison Buy Warner Bros. Discovery for $111 Billion? @edels0n Says He's a "Bored Rich Kid"
Why did David Ellison buy Warner Bros. Discovery ($WBD) for $111 billion?
's take: he's a bored rich kid. This is the inheritocracy at work.
This is from today's episode, "Why The S&P Just Hit A Record High Despite Soaring Yields."