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MarketFoolery

Mind The GAAP

MarketFoolery

The Motley Fool

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

4.71.7K Ratings

🗓️ 7 March 2016

⏱️ 32 minutes

🧾️ Download transcript

Summary

“Zootopia” rules the box office. Meerkat surrenders. Plus, we explain GAAP vs. non-GAAP reporting, why no stock is ever truly in the “set-it-and-forget-it” category, and why doing our own taxes holds no appeal whatsoever.

Transcript

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0:00.0

It's Monday, March 7th.

0:03.3

Welcome to Mark Fool.

0:04.5

I'm Chris Hill joining me in studio today for a million dollar portfolio.

0:09.6

Jason Moser and from Stock Advisor Canada, Taylor, Markerman.

0:12.2

I need more coffee.

0:13.0

You're not going to hold on a Monday. I appreciate that.

0:16.0

It is a Monday.

0:18.0

He's already salivating over that barbecue.

0:20.0

We'll get to South by Southwest in just a moment. We will also dip into the full mail bag, but let's start with the big story from the weekend and that is the number one movie at the box office this weekend was Zutopia which made it the...

0:36.0

Let me go through a couple of the numbers here.

0:38.0

73 million dollars in the US, 159 international,

0:42.0

232 million worldwide, making it the biggest opening weekend for a

0:48.1

Disney animated film ever.

0:50.3

And yes, Jason, that includes frozen, which is pretty frightening if you think about it.

0:55.4

That is, and Disney shareholders should be dancing a little jig right now because that's a, that's,

1:00.3

that bodes very, very well. You know, you made a point before we started taping in regard to Disney kind of does a good job underselling itself with the trailers. And I remember vividly seeing the trailer for

1:14.3

Zutopia and thinking yeah it's kind of indifferent I didn't really think one way or

1:19.4

the other about it and even my kids had the same kind of reaction but we went and saw the movie

1:26.1

yesterday and I can't say enough good things I mean this was a very very well

1:31.8

done movie it was good for. It was good for adults. You could go to this

1:35.9

movie with no kids and still enjoy it, I think. All sorts of little Easter eggs. And there's no question to me that they can spin this out and

1:44.5

make more movies from it more content from it I'd be very surprised if they don't

...

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