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MarketFoolery

Big Deals and Baby Berkshires

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 6 November 2017

⏱️ 12 minutes

🧾️ Download transcript

Summary

Broadcom makes a big bid for Qualcomm. Michael Kors surges. And Berkshire Hathaway slips. Analysts Ron Gross and Matt Argersinger discuss these stories and talk about some small insurance companies with big potential.

Transcript

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0:00.0

Support for market foolery comes from our friends at Rocket Mortgage by Quicken Loans.

0:04.0

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0:15.0

To get started go to rocketmortage.com slash fool.

0:20.0

It's Monday November 6th. Welcome to Market Foolery. I'm Matt Greer and joining me in studio

0:26.3

we've got Matt Argersinger from Motley Full Million Dollar Portfolio and Ron Gross from Motley Full

0:31.3

Total Income.

0:32.5

Gentlemen, welcome.

0:33.8

Hey, Mac.

0:34.8

I'm good.

0:35.5

I'm very, very good.

0:36.5

Are you feeling it?

0:37.4

Oh, always.

0:38.4

Okay, well, we have lots to talk about.

0:40.9

It's Monday, I mean, come on.

0:42.2

We're going to talk about the latest from Warren Buffett. We're also going to talk accessories handbags. You know.

0:47.5

That's our expertise. Absolutely our expertise. But let's begin with a big potential takeover, Broadcom wanting to buy Qualcomm for $130 billion.

0:59.0

Ron, if this deal is accepted, it would be the ever take over in the tech industry and

1:04.8

would make the new company the world's third largest chipmaker behind Intel and

1:09.2

Samsung what do you think? Just a little tuck in acquisition, no big deal. So definitely not my area of expertise from a technology perspective, but two of the largest makers of wireless communication chips from mobile phones, I guess that makes sense for them to combine and try to take over the world. I bet Intel is a little bit nervous here. They're trying to diversify into that smartphone technology as well.

...

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