BMW’s Kinder Egg Strategy
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 12 March 2024
⏱️ 32 minutes
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| 0:00.0 | If you can't grow in your home country, how about France? You're listening to Motley Full Money. I'm Ricky Mulvey joined today by Bill man Bill good to see you. |
| 0:24.6 | Hey Ricky how you doing? I'm doing pretty well. There is an odd international story |
| 0:30.3 | that I want to get your take on in part because I think it's kind of funny. |
| 0:34.0 | This is the setup. |
| 0:36.0 | ASML, which makes the machines that makes the machines that make |
| 0:40.0 | semiconductors, is threatening to kind of sort of not completely leave its home |
| 0:46.3 | country of the Netherlands. According to Bloomberg CEO Peter Wenink |
| 0:51.3 | said at a tech conference quote we have to come to the conclusion |
| 0:55.3 | that we can grow responsibly in the Netherlands we have not yet drawn that |
| 0:59.0 | conclusion end quote. Basically the company says it needs more foreign talent. |
| 1:03.5 | The Dutch government is led by a prime minister who's campaigned on reigning in immigration. |
| 1:10.0 | And now the company is sending out reports, |
| 1:14.4 | reportedly according to a Dutch newspaper |
| 1:17.4 | that maybe the labor situation |
| 1:19.6 | is better for them in France |
| 1:21.3 | and maybe they should move there. |
| 1:23.0 | First question, Bill, is this a bit? |
| 1:26.0 | Like, are they doing a bit right now? |
| 1:28.0 | I would have loved if you'd said, first question, Bill, France? France, how France has become the potential landing spot |
| 1:39.8 | for one of the largest technology companies in the world is somewhat fascinating. |
| 1:44.0 | In the parlance of the movie singles, ASML is the guy behind the guy behind the guy |
| 1:51.0 | and it is the only company in Europe that's amongst the top 10 of |
... |
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