Barron’s: Like most media companies, Viacom stuffers from cord cutting. Still, the media giant has unique assets that are undervalued, said Christopher Tsai, president of Tsai Capital, which has been buying shares. Viacom has a well-liked portfolio of networks, a global presence and owns Paramount Pictures. Cord cutting is a worrisome issue, said Tsai. But content is king and Viacom has plenty of it.