“Why Own a Sports Team Stock? Jonathan Boyar on MSGS, Braves & 3 Other Value Picks”
Nike's brand remains valuable despite recent failures; it is worth evaluating if the stock price drops sufficiently, though further decline and dividend reduction are possible.
One of the companies I follow is Nike, which was, you know, ... There is a well-documented conversation between Warren Buffett and Lou Simpson, who was one of the biggest fans of Nike, about how much he liked it and how great its business was.
I believe its stock price has fallen by about 80% from its peak , and it has lost a few weeks, hitting its lowest levels almost daily. So, it was like a car accident. I check on her from time to time to see where she is .
I don't know how she will recover from here, but I think that evaluating her at some point makes it interesting enough.