Confident in Your Company?
Talking Real Money - Investing Talk
Don McDonald
4.5 • 811 Ratings
🗓️ 20 June 2023
⏱️ 36 minutes
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Summary
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| 0:00.0 | Reality Radio for a really great future. |
| 0:08.0 | We're talking real money. |
| 0:10.3 | Once again, before we get to my incredibly well-polished and witty introduction to the program and the topic, |
| 0:19.9 | we must implore you to call us at 855-935 talk. |
| 0:26.2 | And for those of you, without a gigantic vocabulary, implore means beg. |
| 0:32.7 | We're going to beg. |
| 0:33.6 | I think they said the uninitiated, but okay, that's fine. |
| 0:36.6 | 855-935-5-8-25-8-2-5-8-25-8-2-5. Toll-free. Like every other call in America today. Oh, okay. Well, I still like saying. What was the last time you made a long-distance call that you paid for? Wow. I don't know. 20 years ago? I've guessing. I don't know. |
| 0:54.7 | Long, long time. Yeah. Yeah. All those things are going to die with our little brains. Oh, well, probably for the best. Now, now, now, now, on to the topic. Today's topic is... Speaking of things that die in your brain. Yeah, this is it. No, job security. We have incredible job security, and we want to thank you. |
| 1:15.9 | Because without you doing stupid things, we probably wouldn't need to be here. |
| 1:22.3 | But thanks to the fact that you just keep doing the same thing over and over and over again, and you know what |
| 1:29.1 | that's the definition of, we're in good shape because you keep doing the same things over |
| 1:36.5 | and over again. Let me give you a great example. Remember back when you used to work for Enron? |
| 1:42.7 | Remember you Enron, former you Enron former employees? |
| 1:46.2 | Or maybe, maybe Washington Mutual former employees or Delta former employees or |
| 1:51.4 | WorldCom former employees or, you name it, former employees. |
| 1:56.1 | How much of your retirement plan was invested in your company's stock right up until the bitter end? |
| 2:06.4 | It's shocking. |
| 2:07.8 | Honestly, when I read this article, I get angry. |
| 2:12.1 | And not, by the way, necessarily at the employees because they're encouraged to buy the stock by the company. |
| 2:19.6 | They are. |
| 2:20.4 | But they also delude themselves. |
... |
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