Having conquered the fields of television (#1 talk show for virtually 25 straight years), movies (Oscar nomination plus hit films like The Butler), politics (played the decisive role in electing the first black president), and literature (dictated the New York Times bestseller list for over a decade), the richest black and most worshipped woman in American history, has now used her estimated 2,029 cm3 brain to figure out how to adapt to the Wall Street. Is there no environment she can’t adapt to?
Tomi Kilgore of Marketwatch writes:
Meet the new queen of Wall Street—Oprah Winfrey could make eight times her original investment, and lost some weight, in less than two years since buying shares in Weight Watchers International Inc.
Shares of the weight management company WTW, +0.82% rocketed 25.1% in active trade to $41.39, the highest close since Aug. 1, 2013, after the company reported better-than-expected second-quarter profit and sales, and raised its earnings outlook for the year. Trading volume exceeded 9.9 million shares, compared with the full-day average of about 1.2 million shares.
The stock has now nearly quadrupled this year, and has rocketed 510% since Oprah took about a 10% stake in the company 22 months ago. In comparison, shares of Warren Buffett’s Berkshire Hathaway Inc. BRK.B, -0.58% have climbed 34.5% in 22 months, while the S&P 500 index SPX, +0.13% has gained 21.8%.
All this success has people talking President Oprah in 2020, especially with polls showing she would crush her fan Donald Trump in a head to head match.
“She’s popular, she’s brilliant. She’s someone very special”, Trump told Larry King back in 1999, when he floated the idea of running for President as an Independent with Oprah as his running mate.
Although Oprah has consistently stated that she will NEVER run for public office, that hasn’t stopped people like Michael Moore from trying desperately to draft her as recently as last week:
Worshipped by the Michael Moore left for triumphing over racism, sexism, classism, weightism, poverty, and sexual abuse, without sacrificing her integrity, and by the Ayn Rand right for being the greatest example of a self-made rags to riches capatilist superhero to actually exist, Oprah occupies a deep place in the American psyche.
However billionaire David Rubenstein wisely asks “Why be President when you can be Oprah?” stating:
Oprah is higher than being president of the United States. … I mean she can do anything she wants. Nobody criticizes her and she is a terrific person.
Reminds me of the time when Oprah asked Sting: “Is there anything better than being a rock star?”
His reply: “Being Oprah”
The audience roared with cheers: