Long-Term for Malone
Earlier this month, we saw John Malone speak at Liberty’s investor day in New York. Throughout his time on the stage, he reinforced his long-term time frame and his patience as an investor.
At one point, he even admitted an interesting ambivalence about whether he wants the stock prices of the various Liberty companies that he owns to go up or down. This contrary sentiment reflects an idea we have written about before – the often unexploited advantage of a controlling shareholder.