ValueAct CEO's Interview With CNBC

Jeff Ubben shares his views on social media, the Disney-Fox deal and Amazon

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Apr 27, 2018
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Overview:

ValueAct CEO Jeff Ubben (TradesPortfolio) sat down for an interview with CNBC on Friday. During the interview, he shared his views on social media, Disney's (DIS, Financial) deal with Twenty-First Century Fox (FOXA, Financial) and Amazon (AMZN, Financial).

Ubben's firm, which currently manages over $15 billion in assets, believes Strayer Education (STRA, Financial) has strong growth potential as a result of the large opportunity in the corporate education market.

The guru also announced he will be stepping down from Fox's board as a result of the Disney deal and shared his opinion on the effects Disney, Amazon Prime video and Netflix (NFLX, Financial) are having on content.

Interview with CNBC:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.