Blast From The Past, Vol. 4

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5 • 928 Ratings

🗓️ 22 July 2020

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

How's your memory? Or are you new around here? Well there are a few stories, told over the past 5 years, that we occasionally need to revisit. The evolution of business. Stocks that don't make you think. The origin story of the GKC. Today we flip through the RBI photo album and remember where we've been.

Transcript

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0:00.0	I never say never for just about anything but I'm as close as can be to never on some things.
0:08.4	One of them is I never think I will enter the government, run for public office.
0:12.6	First, I'm not interested in it.
0:14.5	I'm pretty sure my brother Tom and I both believe
0:16.7	we can affect far more positive change in this world
0:19.0	through the vehicle of the Motley Fool,
0:21.7	through the platform hundreds of fools every day are building in order that we all of us and I mean you two will make the world smarter, happier and richer.
0:32.0	And so there's no political office needed, no care. happier and and no sloganeering either.
0:42.9	And this is particularly good for me
0:44.9	because one of the things I'm worse at
0:46.6	is just saying the same thing, the same sound bite
0:50.8	over and over.
0:52.3	I just can't do it. I take far more joy and coming up with
0:55.8	something new for you every week on this podcast and if I were just saying the
0:59.2	same thing over and over but if I were good at that well that seems to be what politics are
1:06.9	about you stay on message you say the same thing over and over that gets you the votes but that's the opposite of
1:15.3	my own inclinations and joy. So to a fault I think I need to keep coming up with new tricks for you every week on this podcast to a fault I think I need to keep coming up with new tricks for you every week on this
1:24.0	podcast to a fault I say because if you're always playing a new instrument or a new tune
1:29.4	from one week to the next you might make the mistake of forgetting to repeat some of the
1:35.8	important truths the timeless ones the eternal verities and so from time to time I like to hail back to the past, remake some cardinal points that I have made before so they're not lost.
1:49.0	Because a lot of you are new, we have more listeners, more newcomers to the Motley Fool than ever before. So I would be a full small F if I assumed you knew that critical
1:59.6	lesson I taught on this podcast in 2016 or one of my favorite stories from 2018 even.
	...

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