Of course, one of the problems about using the S&P as a benchmark is that it is far from a stable reference point. Yes, it does nicely over the long term, but performance in any given year may be much higher or lower. Thus, one could compare CDs to the S&P 500 and there would be years in which the CDs would have done better (24 years of the last 87 with returns < 0). And, yet, there is no question that putting one’s money in the S&P was a better long term investment in terms of return than putting it in CDs.
While it is certainly worth seeing the importance of Disney in the mix, given that some of that represents picks of other companies then acquired by Disney does seem to make it a bit unfair to treat it as if it were a single pick.