4.5 • 928 Ratings
🗓️ 1 July 2020
⏱️ 32 minutes
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It's America's birthday! It's The Motley Fool's birthday! Is it your birthday too? Either way, we've got presents, in the form of great quotes on business and life.
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0:00.0 | 27 years ago this week I went down to Kinko's printed out a thousand copies of a paper newsletter |
0:06.7 | trundled over to the post office in the first edition of something called the Motley Fool |
0:15.0 | was sent off to friends and family. It cost $48 a year and not many people subscribed. Well fast forward to today 27 years later and as we published this week it's the Motley Fool's |
0:25.9 | birthday and instead of asking you for $48 a year this podcast costs nothing hasn't for five years asks simply for a different form of investment from you |
0:38.0 | an investment of your time. |
0:42.0 | This week we return to one of our longest running series, |
0:45.0 | it's great quotes, volume 12, on our birthday. Only on this week's Rule Breaker Investing. |
0:52.0 | It's the Rule Breaker Investing Podcast |
0:56.0 | with Motley full co-founder David Gardner. |
0:59.0 | And welcome back to Rule Breaker Investing. So good to have you with me this week. |
1:07.0 | Here we are recording on the final day of June, but you'll be hearing this on the 1st of July. happy July and certainly for those of us in the |
1:14.8 | United States this is a special week every week it is our nation's birthday it's |
1:19.7 | also the Motley Fool's birthday this week as I mentioned at the top June 30th is traditionally |
1:25.3 | the day that we associate with the formation of the Motley Fool because it was the day that I was at |
1:30.4 | Kinko's and then the post office sending off a thousand copies. |
1:33.3 | It was just about exactly 1,000 copies. |
1:36.3 | I remember, how did I get a thousand people on my list? |
1:39.6 | Well, our cousin had recently gotten married in North Dakota of all places. |
1:44.8 | And so he gave us his wedding list. |
1:47.2 | And I had my high school graduation list, my class, |
1:50.0 | and Tom had his, and we just kind of brought together as many lists as we could and just mailed off our |
1:56.5 | newsletter. It was called the Motley Fool, a phrase that I had pulled from Shakespeare |
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