Golden Age of Financial Journalism
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 30 March 2016
⏱️ 16 minutes
🧾️ Download transcript
Summary
Morgan Housel weighs in on the unusual 2-year run of the stock market, the case for imports, and how investors are living in a great time for financial journalism.
Transcript
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| 0:00.0 | It's Wednesday, March 30th. |
| 0:03.3 | Welcome to Market Foolry. |
| 0:04.5 | I'm Chris Hill joining me in studio today, |
| 0:06.5 | the one and only Morgan Houseall. |
| 0:08.5 | Happy Wednesday to you. |
| 0:10.3 | It's lovely out here, isn't it? |
| 0:10.8 | See, this is a good representation |
| 0:12.4 | of what we talk about a lot in the show and that as you've spent |
| 0:15.4 | Three to four dollars on coffee. I I do the free stuff upstairs in my own mug |
| 0:21.7 | This is just this is just this is just a good representation of the |
| 0:26.1 | financial differences between. It's one of the many financial differences. The |
| 0:30.4 | budgetary differences. The budget. |
| 0:33.0 | But here's the thing. So I've got a Starbucks cup in front of me. |
| 0:36.0 | But that's changing because now, just across the street from full Global Headquarters, a brand spanken new Dunkin Donuts. |
| 0:47.0 | But they're open this morning. |
| 0:48.0 | Why did you go to Starbucks? |
| 0:49.0 | You know, I needed a little bit of food and so... |
| 0:52.0 | And you didn't want donuts. I didn't want donuts. I wanted a breakfast sandwich so I went over to the Starbucks |
| 0:56.4 | But in general expect to see a lot more Dunkin Donuts coffee in front of me which is cheaper |
| 1:01.6 | So on a percentage basis, I'm going to be saving |
| 1:05.3 | money over the next 12 months. You're going to be spending the exact same amount of money. |
| 1:09.9 | Which is zero. I'm just saying, directly, mine's going the way it should be. |
... |
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