MarketFoolery: 11.11.2013

MarketFoolery

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4.7 • 1.7K Ratings

🗓️ 11 November 2013

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

In today’s show the guys discuss Amazon’s new deal with the US Postal Service, Disney’s new deal with Netflix, and try to figure out what the deal is with Lululemon’s founder.

Transcript

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0:00.0	It's Monday, November 11th.
0:04.0	Welcome to Mark of Foolery.
0:05.0	I'm Mark Reith and joining me in studio,
0:07.0	noted Baltimore Ravens fan, Lyons George,
0:09.0	and from Fool.com, Taylor Mukerman.
0:11.0	Gentlemen, happy Monday.
0:12.0	What is up? How you how you doing mark not a bad
0:14.8	ribbons game this weekend it was always eventful
0:17.7	oh always a single one yeah amazing yeah we've got plenty to get to today
0:22.3	including the new Disney Netflix deal and my favorite Chinese holiday
0:25.9	but the big story is Amazon's announcement that is partnering with the US Postal Service to begin
0:30.5	delivering Amazon orders on Sundays.
0:33.0	Guys, mail on Sundays, has the world gone mad?
0:36.0	I mean, as everyone who watched Harry Potter as a child knows,
0:40.0	there is no post on Sundays.
0:42.0	So this really, it is a sign of the
0:42.8	apocalypse I think it might be an avoidance of the apocalypse for the US
0:46.9	Postal Service I mean they lost 16 billion dollars last year is this what
0:52.1	saves them? It could.
0:54.3	I mean, Bézos went from the post to the post office. So, you know, they're only expected
0:58.8	to lose six billion dollars this year. So it seems like they might be turning the tide
1:02.2	themselves, but with you
	...

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