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Showing posts from October 19, 2023

AT&T Might be on Track Again

AT&T is not just an old Company, it's one of the Oldest Holdings in my Portfolio. I've been more than happy with the Investment for both Trading and Dividend Income. The accumulation of Equities (Inventory) over time offers the greatest amount of leverage for Trading. It is the number of Shares that allows us to realize a lot of profit from the small moves of a, "Beta Stock," like AT&T. AT&T Transition Back to Basics You probably know AT&T as one of the biggest phone companies in the world, right? Well, they also owned a bunch of media stuff, like Warner Brothers, HBO, CNN and more. They bought them a few years ago for a whopping $85 billion. That’s a lot of money, even for AT&T. But guess what? They just decided to sell them off and merge them with another media company called Discovery. Discovery makes shows like Shark Week, Deadliest Catch and 90 Day Fiancé. The new company will be called Warner Bros. Discovery, and it will have a lot of movies ...