Overview:
ValueAct CEO Jeff Ubben (Trades, Portfolio) 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.