“It’s not the years, it’s the mileage.”
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 5 January 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
Three years ago Amazon, Berkshire-Hathaway, and JPMorgan Chase announced a partnership that would end up becoming Haven Healthcare. Now the partnership (and Haven) is dissolving. Qualcomm CEO Steve Mollenkopf announces he’s leaving after seven years in the corner office. Ron Gross analyzes those stories, and shares thoughts on portfolio allocation as we dip into the Fool Mailbag. Plus, we take a moment to reflect on the 10-year anniversary of this podcast.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's Tuesday, January 5th. Welcome to Market Foolery. I'm Chris Hill with me today. |
| 0:07.0 | Mr. Ron Gross, good to see you, my friend. Hey, hey, good to see you. Happy New Year. |
| 0:12.0 | Happy New Year. Happy New Year. |
| 0:13.2 | We have a CEO change. |
| 0:15.1 | We're going to dip into the full mail bag. |
| 0:17.6 | It's our 10th anniversary here on Market Fullery. |
| 0:20.2 | So we will get to that. |
| 0:22.4 | And we're actually going to start by dipping into the market foolery archives. |
| 0:27.0 | Three years ago this month, January 30th, 2018, |
| 0:32.0 | the episode of market foolery that day was entitled, Health Care's |
| 0:36.0 | latest game changer. And we talked about the big announcement that Amazon and |
| 0:42.1 | Berkshire Hathaway and |
| 0:43.1 | JPMorgan Chase had put out they were forming a partnership |
| 0:46.9 | aimed at cutting health care costs and improving services |
| 0:50.3 | for employees. |
| 0:52.2 | It would go on to be named Haven Health Care. |
| 0:55.0 | That was then, this is now. |
| 0:58.0 | Haven Health Care has started to tell employees it is shutting down by the end of February. Turns out that health care is |
| 1:05.2 | difficult Ron although I am reminded of the fact that at the time three years |
| 1:11.1 | ago this really sent some pretty big shock waves through the health |
| 1:15.2 | care community and health care stocks. |
| 1:17.8 | Oh yeah, United Health, Humana CVS got smacked and not surprisingly surprisingly they were up on the news that Haven has decided to call |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.