4.4 • 3K Ratings
🗓️ 14 August 2015
⏱️ 39 minutes
🧾️ Download transcript
Google restructures. Shake Shack slips. And Warren Buffett makes a big buy. Our analysts discuss those stories and share some stocks on their radar. And Motley Fool Asset Management portfolio manager Bill Mann talks about what the volatility in China means for investors.
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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 |
0:20.2 | radio show. I'm Chris Helen joining me in studio this week for a million dollar portfolio |
0:24.4 | Jason Moser and Matt Argersinger and for Motley Fool Deep Value. Mr. Ron Gross, good to |
0:28.8 | see you as always, Jim. We've got the latest earnings from Wall Street. We will go around |
0:32.7 | the world of investing with Portfolio Manager Bill Mann and as always we'll give you an |
0:36.3 | inside look at the stocks on our radar. But we begin this week with Google or should I |
0:41.0 | say Alphabet? Google announced a new corporate structure and revealed the company will be |
0:46.5 | renamed Yes Alphabet. There will be two divisions. Maddie basically one is Google stuff, |
0:53.6 | Google search, maps, YouTube, etc. and the other division is going to be the moon shots, |
0:59.5 | the driverless cars. Excellent. The things that don't make money yet. We were talking about |
1:06.6 | this earlier. I really did think when I first saw this story, I thought it was a joke and |
1:12.4 | I'm still wrapping my head around why they would remake their structure. Right. All of us |
1:17.5 | I think had a pretty visceral reaction to this name announcement. In fact, Larry Page in |
1:21.6 | the letter where he described the restructuring and he said, don't worry, we're still getting |
1:25.8 | used to the name too. I think there are a lot of people getting used to the name. The |
1:30.1 | restructure makes sense on a few levels. I think there is this idea that Google is trying |
1:35.1 | to build a forest instead of one tall tree. A lot of people have used that to describe Berkshire |
1:39.2 | Hathaway and other conglomerates. I think even Buffett himself might have described Berkshire |
1:42.7 | at some point like that. A lot of people have applied that metaphor to Google. I don't |
1:48.8 | think it's fair because I think this isn't necessarily conglomerate. This is a company |
1:52.6 | I think that's refocusing itself. It realizes that it's got a very powerful business in |
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