IAC CEO Joey Levin On The Company's $1 Billion Bet On MGM
Has Dotdash Meredith Found Hidden Value In Underappreciated Brands?
IAC CEO Joey Levin on why his company took a 12% stake in MGM, which companies within IAC he is most excited about, lessons learned from working with Barry Diller, and how he approaches capital allocation. - Value Investing Podcast
These Cool, High-Quality Stocks Are Just Right For This Overheated, Overhaled Market - Boyar Value Group
Barry Diller’s IAC has produced a long string of success stories, in large part because of patient, strategic capital allocation. The company has built a powerful niche for itself in taking offline businesses into the digital marketplace. Its successful spinoffs include online travel stalwart Expedia (EXPE) in 2005, ticketing behemoth Ticketmaster in 2008, and online dating pioneer Match Group (MTCH + 0.06%) in 2020. Last month IAC spun off Vimeo and is now embarking on its next phase where businesses such as Care.com and their investment in car sharing company Turo will hopefully capture investor’s attention now that they are out of the shadow of Vimeo.
On The World According to Boyar podcast, IAC’s CEO Joey Levin traces his investment approach back to Diller’s strategy to “always think bigger.”
Has Dotdash Meredith Found Hidden Value In Underappreciated Brands?
IAC CEO Joey Levin on why his company took a 12% stake in MGM, which companies within IAC he is most excited about, lessons learned from working with Barry Diller, and how he approaches capital allocation. - Value Investing Podcast
These Cool, High-Quality Stocks Are Just Right For This Overheated, Overhaled Market - Boyar Value Group