A $10 Billion Bet on the Olympics
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 22 August 2016
⏱️ 24 minutes
🧾️ Download transcript
Summary
Ratings for the Summer Olympics were lower than anticipated, forcing NBC (owned by Comcast) to provide make-goods to advertisers. Since Comcast has paid more than $10 billion for every Olympics through 2032, how optimistic should shareholders be? Plus, we dip into the Fool Mailbag to discuss the Fed's impact on the market and provide a few stock ideas as a birthday present.
Transcript
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| 0:00.0 | It's Monday, August 22nd. |
| 0:03.6 | Welcome to Mark Ford. |
| 0:04.8 | I'm Chris Hill joining me in studio today from Stock Advisor Canada, Taylor |
| 0:08.2 | Markerman, and for a million dollar portfolio of Jason Moser. |
| 0:10.8 | Happy Monday, Jents. |
| 0:11.8 | Hey, hey, is up. The Olympics. That's what's over. They are over. And |
| 0:16.9 | we're going to dip into the full mail bag. Just a US beat down over the rest of the world? |
| 0:21.1 | In some cases, yeah. I mean if you're looking at |
| 0:24.1 | overall metal. Yeah, although there was there was some amazing track and |
| 0:28.3 | field stuff. Absolutely. Just just the Mo Farah, the runner from Great Britain. |
| 0:34.2 | I mean, literally falling down slash getting knocked over |
| 0:38.8 | ending up in last place and then going on to win. |
| 0:41.1 | Like that was amazing. |
| 0:43.4 | I saw some clip on Twitter of someone like, what is it, the steeplechase? |
| 0:47.4 | Oh, yeah. |
| 0:49.0 | This, the individual like had slipped and fell going into one of the hurdles. |
| 0:54.8 | Yeah, facepland to the hurdle. |
| 0:56.7 | I just, yeah, wow, it doesn't look like it was, didn't look good. |
| 1:02.0 | You know, and we'll get to the business aspect of the Summer Olympics in just a second, but I was talking |
| 1:06.1 | with Bill Barker this morning and one of the things that he brought up was how essentially the longer |
| 1:12.2 | the race, if you're talking about running, the longer the race, the more strategy is involved. |
| 1:16.5 | Whereas with, if it's just sprinting, it's just, well, okay, who's the fastest person? |
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