In Florida, Comcast and Disney Start a Border War

The cable giant announces plans to significantly expand its theme park business both in the region and around the world.

Mar 15, 2014 at 9:00AM

Theme parks are about to become a bigger part of Comcast's (NASDAQ:CMCSA) business, Fool contributor Tim Beyers says in the following video.

The Philadelphia Inquirer reported this week that Comcast is putting some $500 million into theme park expansion annually. Work is already under way to significantly expand the company's attractions located near Walt Disney's (NYSE:DIS) competing parks in Orlando, Fla.

There's plenty at stake for both companies. Theme parks accounted for $14.1 billion in revenue and $2.2 billion in operating profit for Disney in fiscal 2013. Comcast, for its part, generates $2.2 billion in revenue and $1 billion in operating cash flow from resort operations such as Universal Orlando, the Inquirer reported.

Competition could grow fiercer with Comcast choosing to expand in Florida. Executives told the Inquirer that the company is "doubling down" on theme parks and expects to grow its capacity of resort-area hotel rooms from 4,200 this summer to as much as 15,000 over time.

New rides based on the Transformers movies, the acclaimed Harry Potter films, and Illumination Entertainment's Despicable Me franchise are also in the works. They'll join popular rides based on characters from Disney's Marvel Entertainment subsidiary, including "The Amazing Adventures of Spider-Man," "Doctor Doom's Fearfall," and "The Incredible Hulk Coaster."

Tim says to expect Disney to respond to Comcast's moves with more attractions based on its Marvel and Star Wars franchises. There's also wide speculation that the House of Mouse will cash in on Frozen's billion-dollar run at the box office with a ride based on the movie. Which will come first? It's too early to tell. For now, all we can say for sure is that theme park business is about to get more interesting.

1 key to getting rich like Buffett
in 1988, Warren Buffett first began buying shares of Coca-Cola, a stock his company holds to this day and which has returned more than 700%. The lesson? Buying stock in great businesses can lead you to life-changing wealth. And yet with 5,000 publicly traded companies to choose from, it can be daunting to find the one that'll make you truly rich. So, we've done the work for you. Our chief investment officer names his top pick for new money now in the special free report "The Motley Fool's Top Stock for 2014," and it's yours for the asking. Click here to get your free copy now.

Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Walt Disney at the time of publication. Check out Tim's web home and portfolio holdings or connect with him on Google+Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.

The Motley Fool recommends Coca-Cola and Walt Disney. The Motley Fool owns shares of Coca-Cola and Walt Disney and has the following options: long January 2016 $37 calls on Coca-Cola and short January 2016 $37 puts on Coca-Cola. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

A Financial Plan on an Index Card

Keeping it simple.

Aug 7, 2015 at 11:26AM

Two years ago, University of Chicago professor Harold Pollack wrote his entire financial plan on an index card.

It blew up. People loved the idea. Financial advice is often intentionally complicated. Obscurity lets advisors charge higher fees. But the most important parts are painfully simple. Here's how Pollack put it:

The card came out of chat I had regarding what I view as the financial industry's basic dilemma: The best investment advice fits on an index card. A commenter asked for the actual index card. Although I was originally speaking in metaphor, I grabbed a pen and one of my daughter's note cards, scribbled this out in maybe three minutes, snapped a picture with my iPhone, and the rest was history.

More advisors and investors caught onto the idea and started writing their own financial plans on a single index card.

I love the exercise, because it makes you think about what's important and forces you to be succinct.

So, here's my index-card financial plan:


Everything else is details. 

Something big just happened

I don't know about you, but I always pay attention when one of the best growth investors in the world gives me a stock tip. Motley Fool co-founder David Gardner (whose growth-stock newsletter was rated #1 in the world by The Wall Street Journal)* and his brother, Motley Fool CEO Tom Gardner, just revealed two brand new stock recommendations moments ago. Together, they've tripled the stock market's return over 12+ years. And while timing isn't everything, the history of Tom and David's stock picks shows that it pays to get in early on their ideas.

Click here to be among the first people to hear about David and Tom's newest stock recommendations.

*"Look Who's on Top Now" appeared in The Wall Street Journal which references Hulbert's rankings of the best performing stock picking newsletters over a 5-year period from 2008-2013.

Compare Brokers