Whitney Tilson: “Bob Iger's sort of telling [Nelson Peltz] to go jump in a…”

“What's the catalyst that's going to cause earnings to really grow at this point? You've got Nelson Peltz, the activist who's coming in there advocating for board seats. Bob Iger's sort of telling [Nelson Peltz] to go jump in a lake at this point. But there's definitely a big cost cutting push that's happening. But I prefer seeing earnings growth coming from revenue growth and growing the business as opposed to just growing earnings by slashing costs, though that can work as well.” (47:30–47:34)

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