Old School Thinking Flunks with Iger

Bob Iger certainly came out swinging at this presentation. If anyone thinks he lacks any spunk, this would certainly change that perception.

In wide-ranging presentation Wednesday, Robert Iger said the best way to fight digital piracy is to go on the offensive and that big media companies are undervalued on Wall Street.

The Disney CEO even took time to swipe at The Hollywood Reporter and Daily Variety.

While hedge-fund investors seem only to care about individual quarterly results, "critical shareholders" understand the value of long-term success. "Live for today, die tomorrow," he warned during his presentation at the Forbes MEET II conference at the Beverly Hills Hotel.

It is very comforting to know that this person is running the Walt Disney Company. This is exactly the kind of mentality that should be able to ensure that quality, above anything else, drives the product.

Zz.