Sports are the last real-time content. Everything else can be paused, skipped, or streamed later. Sports can't.

investingmediaSun Valley Conference, 2022

We paid what Chelsea was worth to us, not what the market said it was worth.

convictioninvestingFinancial Times Interview, 2022

The Dodgers were called the most overpaid acquisition in sports history. Now they're worth three times what we paid.

investingpatienceBloomberg Interview, 2023

I don't invest in industries. I invest in great assets that are being undervalued or undermanaged.

investingstrategyMilken Institute Conference, 2023

In sports and entertainment, emotional connection is the moat. No algorithm can replicate it.

mediamoatsInterview, 2023