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Motley Fool Money

Many Thanks, Mr. Buffett

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 27 November 2024

⏱️ 25 minutes

🧾️ Download transcript

Summary

Warren Buffett sends us into the season to be thankful with his philanthropic acts and his poignant words, and gives us all a place to start the conversation with family about money.   (00:14) Asit Sharma and Dylan Lewis discuss: - NBC’s negotiations to extend their rights to broadcast rights to the Macy’s Day Parade, and why holiday live events are turning into an arms race. - The expectations for Black Friday through Cyber Monday, and two predictions on the direction of consumer spend and who will be driving it in future years. - Warren Buffett’s plans for passing his wealth on to his family and philanthropic efforts, and the words of wisdom we should all have in mind as we get together with loved ones this week.  Visit our sponsor: Learn more about the Range Rover Sport at www.landroverusa.com Companies discussed: CMCSA, M, NFLX, AMZN, BRK.A, BRK.B,  Host: Dylan Lewis Guests: Asit Sharma Engineers: Rick Engdahl Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

We're digging into the business of buying, selling, and giving.

0:08.5

Motleyful money starts now.

0:13.7

I'm Dylan Lewis, and I'm joined over the airwaves by Motleyful analyst Asset Sharma.

0:18.0

Asset, thanks for joining me the day before Thanksgiving.

0:21.0

Dylan, I appreciate the opportunity to be here with you and other members right before you

0:25.3

all slide into the holiday.

0:27.0

It's all about getting together this week.

0:28.6

I'm glad we get together, at least virtually, one more time before we go hang out with our

0:32.9

families.

0:33.7

We have a preview of some topics that our listeners can bring to the Thanksgiving table, and

0:39.3

one way that the world's richest man is going to be paying it forward, very in the spirit

0:43.1

of the season.

0:44.2

I want to start, though, with the Macy's Thanksgiving Day parade.

0:48.7

It will be on at tens of millions of households around the country tomorrow morning.

0:54.7

Asset, will it be on the TV at your house?

0:57.8

It probably will, Dylan.

0:59.9

It's not something that we consciously tune into every year, but somehow we end up with

1:06.3

it either sort of left or center or in the background.

1:09.9

I mean, who doesn't, right?

1:11.1

It's part of the oxygen of Thanksgiving, I think. It's just kind of there for people. And a lot of

1:16.7

people at Macy's and a lot of people at NBC very happy about that because it means a lot of money

1:23.7

for both of them. We saw a headline today that we want to kick around from the Wall

...

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