2019 in Review: Software, Entertainment, and Cheap Beer
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 27 December 2019
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Full Money. |
| 0:16.0 | It's the Motley Full Money Radio Show. I'm Chris L. Joining me in studio this week. |
| 0:22.0 | Senior analyst Jason Moser, Andy Cross and Ron Gross. Good to see you as always, gentlemen. |
| 0:26.0 | It is our year in review special. Next week will be our investing preview for 2020, but this week we're going to tie a bow on 2019. |
| 0:35.0 | Ron Gross, I'm going to start with you. What is your business slash investing headlash for the year? |
| 0:42.0 | How about the stock markets of almost 30% including dividends? |
| 0:46.0 | Investors have probably done well no matter what sector they invested in, communications, industrials, financials, but you did very well if you were overweight and tech. |
| 0:55.0 | Incredibly strong here. Jason, can't argue with that. |
| 0:58.0 | No, you can't. I'm going to go back to what I was looking at at the beginning of the year and I think it really turned out to be a pretty good year for this, but it was about Disney plus. |
| 1:06.0 | Wondering if it was going to launch and how that launch was going to go. |
| 1:09.0 | I mean, you're looking at early estimates initially when the service launched. |
| 1:14.0 | I mean, we're looking for maybe 20 million subs by the end of 2020, right? So by the end of next year. |
| 1:20.0 | There are estimates out there now based on talent research that's telling us there's about 24 million subscribers to date. |
| 1:27.0 | I am one of them of Disney plus and I am too and in a very happy one. |
| 1:30.0 | I mean, it's just a universe of content that has a little bit of something for everyone in our household. |
| 1:35.0 | And to me again, I think they really they priced it probably somewhat aggressively on the low side, but I think the flip side to that coin is it gives them a lot of room to raise that price over time. |
| 1:48.0 | And given the fact that Disney makes their money so many different ways, I just think this is going to be a really nice driver for the overall business for a long time to come. |
| 1:56.0 | Andy Cross, what's your head like? |
| 1:58.0 | I guess up to me to be the negative Nelly here. Sorry, Adam. It's not we. It's you. |
| 2:03.0 | We work saga is really this. I just the more I looked at this, it just was amazing. |
| 2:07.0 | I started the year off at a $47 billion valuation driven a lot by SoftBank and by Adam Newman and his company ended up shelving the IPO totally postponing the whole story really collapsed after the S1 was filed all kinds of problems with the governance situation. |
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