MarketFoolery: 06.02.2011
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 2 June 2011
⏱️ 13 minutes
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Summary
The Dow gets off to a rough start in June. For-profit education stocks score some big gains. And three Ivy League professors devise a bubble-detecting model.
Transcript
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| 0:00.0 | It's Thursday, June 2nd, and this is Market Fullery. |
| 0:05.0 | I'm Chris Helen joining me in studio today from Motley Fool Asset Management, Bill Mann, |
| 0:09.0 | from Hidden Gems, Charlie Travers, and for a million dollar portfolio Ron Gross. |
| 0:13.5 | Good to see you as always. |
| 0:14.8 | Hey Chris. |
| 0:15.8 | For profit education companies get some good news. |
| 0:18.6 | Some Ivy League professors say they can predict the future and the food pyramid is getting the boot. |
| 0:24.3 | All of those stories in a moment but guys we will begin with the dog days of June. |
| 0:28.8 | If history is any indication it could be a rough month for investors. |
| 0:32.3 | June ranks dead last in monthly performance |
| 0:35.0 | for the Dow Jones industrial average |
| 0:37.0 | over the last 20 years. |
| 0:39.0 | So we're kind of off to a rough start. |
| 0:42.0 | It's been a day. |
| 0:45.0 | But still, it's off to a rough start. |
| 0:48.0 | But I mean, given the historical data, Bill Mann, I'll start with you. |
| 0:51.0 | Should investors care? |
| 0:52.0 | How much credence should we give this? I mean ultimately no, but let's not you know |
| 0:57.0 | let's let's call a spade to spade. The reason why there are month by month cycles is because there are cash flow cycles. |
| 1:04.0 | I mean, you know, there's taxes, there are all sorts of reasons |
| 1:08.3 | that there are better months and worse months. |
| 1:12.3 | Ultimately, what you're trying to do is buy a company that months and |
... |
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