Turnaround Stock Stories – Turn Back Time – Marvel Enterprises $MVL

Turnaround Stock Stories – Turn Back Time – Marvel Enterprises $MVL

I thought that I would look back at some of my past investments, before I started my blog and before I began to journal the investment thesis for purchases I make, and document some of my reasons for the purchase, and the outcome.  Of course I’m working on an outcome bias here, but I think it’s worth writing out some history lessons that I should keep in mind as I look for future businesses to invest in the future.  The first look back will be one of the best investment returns I have made by investing in Marvel Enterprises in the early 2000’s. I believe that everyone is familiar with Marvel Studios and the many movies that have been released over the past decade involving many of the Marvel superheroes.  The company is now a division of Disney, but at one point in time they were a public company and even declared bankruptcy.  That may be shocking since the current situation is going very well for Marvel Studios, especially with the recent release of Deadpool.  I’ll admit, I love finding turnaround companies and think the outcome can be very profitable if the right situation lends itself in the market.  Many…

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