Motley Fool Money: 02.11.2011
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 11 February 2011
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:08.0 | From full global headquarters, this is Motley Full Money. |
| 0:19.0 | Welcome to Motley Full Money. Thanks for being here. I'm your host, Chris Hill. |
| 0:22.0 | I'm joined by Motley Full Senior Analyst, Seth Jason, Ron Gross, and Charlie Travers. |
| 0:27.0 | Guys, good to see you. Hi, Chris. We've got Costco, CoFounder, and CEO Jim Synigol as our guest this week. |
| 0:34.0 | Yeah. We've got earnings from Disney and Chipotle and a new partnership for Nokia and Microsoft. |
| 0:40.0 | Double, yeah. Plus, as always, an inside look at the stocks on our radar. |
| 0:44.0 | But we begin this week in Egypt, where President Mubarak has stepped down, ending his 30-year reign. |
| 0:51.0 | Ron Gross, it's often been said that the stock market hates uncertainty. |
| 0:56.0 | So, Mubarak's gone, but how much more certainty do we have now that the Egyptian armed forces are taking over the leadership? |
| 1:03.0 | Yeah, I was going to say, for now, at least the control husband handed it over to the military. So, what could go wrong? |
| 1:09.0 | What could possibly go wrong? |
| 1:10.0 | I think we're on the path to free elections. It appears. At least the markets are showing that most of the uncertainty has been removed. |
| 1:18.0 | I'm sure some additional uncertainty will rear its ugly head down the road. |
| 1:23.0 | For now, this is a pretty historic event. It's good to see the people cheering in the streets. |
| 1:28.0 | It's something that doesn't happen very often. |
| 1:30.0 | It seems like it is. Let's hope it is. I mean, the skeptic in me says, listen, Mubarak has got these guys on speed dial, |
| 1:36.0 | and he disappeared to his vacation home earlier in the day. |
| 1:39.0 | So, either he's got a real tin ear for what you need to do when your countries erupting or he is sort of on his way out. |
| 1:47.0 | And reports are he's worth two to three billion dollars. So, let's hope he takes that money and goes into the sunset and we move on. |
| 1:55.0 | On Friday, the Obama administration unveiled its plan to remake the mortgage market and reduce the government's role in housing by winding down Fannie Mae and Freddie Mac. |
| 2:05.0 | Seth, the plan would be phased in over a long time. |
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