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MarketFoolery

MarketFoolery: 03.27.2014

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 27 March 2014

⏱️ 19 minutes

🧾️ Download transcript

Summary

Joe Magyer checks in from Australia to discuss big banks, IPOs, a recent research trip, and how living Down Under has affected his approach to investing.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Thursday, March 27th.

0:04.0

Welcome to Market Foolery.

0:06.0

I'm Chris Hill. I am alone in studio today, but as I mentioned at the end of yesterday's

0:11.0

podcast, with me on the line all the way from Sydney Australia

0:14.8

Uncle Joe Meger how are you my friend I'm great I'm with you big guy

0:21.1

not actually in the studio but with me on the line through the magic of technology.

0:27.0

As long time listeners know, Joe is our advisor on Motley Fool Inside Value. Our Australian service

0:34.6

service Motley Fool Hidden Gems.

0:35.9

We've got the US Hidden Gems,

0:37.3

but we have the Australia Hidden Gems.

0:39.5

Joe works on that.

0:40.6

And also the brand new service in Australia, Motley Fool Pro, we will talk about that

0:45.8

in a little bit, but there's a lot going on in the US markets that I wanted to get your

0:52.0

thoughts on, Joe, and one is the banks and the stress

0:56.0

test that they just went through because I know you follow the banks.

1:01.0

But before we get to that

1:03.8

i want to talk about the i p o's that we have going on because

1:08.0

i was talking with morgan houseel earlier this week about this there are people

1:11.4

out there saying this market is overheated and as Exhibit A for

1:17.1

some market commentators, they are pointing to the IPOs that we've had recently and just this week you've got Grub Hub, you've got King Digital

1:26.6

Entertainment, the video game company with one hit game, Candy Crush.

1:31.8

It's a big hit, but I don't know that it justifies them going public

...

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