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MarketFoolery

MarketFoolery: 07.22.2014

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 22 July 2014

⏱️ 20 minutes

🧾️ Download transcript

Summary

We analyze the latest earnings from Chipotle, McDonald’s, Coca-Cola and Netflix.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Tuesday, July 22nd.

0:03.8

Welcome to Mark of Fullry.

0:04.8

I'm Chris Hill joining me in studio today

0:06.8

for Motley full rulebreaker, Simon Erikson,

0:09.0

and from fool.com, Mark Wreath.

0:10.8

Happy Tuesday, gents.

0:12.0

Hey Chris, happy to be here.

0:13.0

Is anything better than earning season?

0:15.0

Huh, Christmas? No?

0:16.0

Nernings.

0:17.0

Your birthday?

0:18.0

No. It's, no.

0:19.0

It's earnings.

0:20.0

I vote earnings too.

0:21.0

As I wrote on Twitter earlier today, this is the Dinner in a Movie version of

0:26.2

Market Foolery because we've got earnings from Chipotle McDonald's, Coca-Cola,

0:30.3

and Netflix.

0:32.6

Let's start with Chipotle, and I will start with the master himself, Warren Buffett, who has

0:36.5

said, Simon, the single most important decision in evaluating a business is pricing power because if a company can raise prices

0:46.2

and customers don't bat an eye that's the business that you want to look at and we

0:50.9

are seeing this play out in spades today because I think I saw you yesterday

0:56.5

afternoon after Chipotle had reported and we were sort of marveling over the fact that same store sales up 17% for the quarter.

...

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