David Gardner on Tesla, Star Wars, & Advice for Graduates
Motley Fool Money
The Motley Fool
4.4 • 3K Ratings
🗓️ 15 May 2015
⏱️ 39 minutes
🧾️ Download transcript
Summary
Verizon buys AOL. American Express hikes its dividend. And Shake Shack serves up surprising earnings. Our analysts discuss those stories and other business headlines. And Motley Fool co-founder David Gardner shares some advice for graduates and talks Apple, Tesla, and Star Wars. For more insights from David and his Supernova team, go to DiscoverSupernova.fool.com
Transcript
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:07.0 | From full global headquarters, this is Motley Fool Money. It's the Motley Fool Money |
| 0:20.1 | radio show. I'm Chris Hill joining me in studio this week for Million Dollar Portfolio |
| 0:23.9 | Jason Moser from Motley Fool Income Investor James Early and for Motley Fool Deep Value |
| 0:28.2 | Ron Gross. Good to see you as always gentlemen. Good to see you Chris. We've got earnings. |
| 0:31.8 | We've got a big deal in new media and we've got David Gardner as our guest this week |
| 0:36.3 | plus as always we'll give you an inside look at the stocks on our radar. But let's start |
| 0:40.5 | by going back to the future because one of the big movers this week was AOL, the company |
| 0:46.3 | formerly known as America Online. Back in the spotlight this week after being bought by |
| 0:51.1 | Verizon for $4.4 billion Ron what is Verizon want with AOL? |
| 0:56.6 | First who can tell me why the investment bankers codename for this deal was Project Hanks. |
| 1:02.8 | Tom Hanks you've got mail. So yeah bankers always give a codename and that was this one. |
| 1:09.4 | This is a deal mostly about technology for selling ads and delivering quality video Verizon |
| 1:14.3 | wants to get into that business in a big way. Who knew that AOL had the tech to get that |
| 1:18.8 | done. So $4 billion might seem like a lot of money but if they can help Verizon get into |
| 1:23.9 | this business it seems actually quite reasonable. James were you surprised to see this deal just |
| 1:29.5 | because you and I are old enough to remember back in 2000 the AOL time Warner merger which |
| 1:35.5 | I hasten to point out was a deal somewhere in the neighborhood of $165 billion. It's crazy |
| 1:41.5 | you know AOL world enough to have seen the whole cycle of AOL in the early 90s. Remember |
| 1:45.3 | it was just this basically had these chat rooms with perverts. I mean some not not exclusively |
| 1:49.9 | but it's really it's really grown from the small discussion board community to this huge thing |
| 1:54.1 | $60 billion market cap yeah and then it and now they're it was $4 billion $4.4 billion |
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