4.5 • 928 Ratings
🗓️ 17 January 2024
⏱️ 51 minutes
🧾️ Download transcript
As Mark Twain once said, "History never repeats itself, but the Kaleidoscopic combinations of the pictured present often seem to be constructed out of the broken fragments of antique legends." Or something like that. In any case, we're here today not just to repeat lessons from the past, but to reflect on them anew, and fit them into our view of the present and more importantly, the future.
Stocks Mentioned: NVDA, DIS, AMZN, TSLA, NFLX
Host: David Gardner
Producer: Rick Engdahl
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0:00.0 | I try never to say never but I'm as close as can be to never on some things. |
0:06.4 | One is that I I never think I'm going to run for public office for my own life. |
0:11.3 | I take much greater interest in the platform of my company, the Motley Fool, |
0:16.0 | fulfilling our purpose to make the world smarter, happier, and richer, |
0:20.0 | I realize that public service is a thing, a phrase used so regularly that saying |
0:26.7 | private service probably sounds like crazy talk, but for me private service serving your fellow |
0:32.4 | human beings through private sector efforts can be extremely valuable, |
0:36.3 | influential, often more enjoyable, and for a lot of us, you too? Very rewarding, sometimes in comparison to that much more often used phrase public service. |
0:47.0 | Now some public servants I certainly admire a few but for us private servants there's no political office needed there's no |
0:55.4 | campaigning no special interests no packs no negative ads another thing I've |
1:02.2 | never yet done here's another never is repeat a rule-breaker investing |
1:06.7 | podcast. My pal Rick Gangdahl and I have brought you a fresh new podcast every week since July 2015. That's like 450 weeks in a row. Okay I think it's |
1:17.6 | actually 448 this week but who's counting? New podcastss every week mean new tricks every week, and that's particularly good for me because one of the things I'm worst at is just saying the same thing, the same soundbite over and over, I can't do it. |
1:34.8 | I take far more joy in coming up with something new for you right here every week on this |
1:38.8 | podcast that if I were just saying the same thing, over and over, like some are doing at the |
1:44.3 | Caucasus this month. They need to stay on message. They need to say the same |
1:48.2 | thing over and over, the same soundbite that gets them the votes, but that's the opposite of my own inclinations and joy and so to a |
1:56.3 | fault I try to keep coming up with new tricks for you every week on this podcast to a fault |
2:01.6 | I'd say because if you're always playing a new instrument or a new |
2:05.2 | tune from one week to the next you might make the mistake of forgetting to repeat some of the |
2:11.1 | most important truths the the timeless ones, the essentials. |
2:15.0 | From time to time, therefore, I like to hail back to the past and |
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