meta_pixel
Tapesearch Logo
Log in
Motley Fool Hidden Gems Investing

Motley Fool Money: 02.15.2013

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 15 February 2013

⏱️ 39 minutes

🧾️ Download transcript

Summary

Berkshire Hathaway and 3B Capital buy Heinz.   Comcast buys the remaining stake of NBCUniversal from General Electric.   Our analysts discuss those stories and share three stocks on their radar.  Plus, corporate governance expert and film critic Nell Minow talks Apple, Academy Awards, and the future of television. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Everybody needs money. That's why they call it money.

0:09.0

From full global headquarters, this is Motley Full Money.

0:19.0

Welcome to Motley Full Money. Thanks for being here.

0:21.0

I'm your host, Chris L. Joining me in studio this week for Motley Full One, Jason Moser.

0:24.0

For Motley Full Income Investor, James Early and for Motley Full Asset Management, Tim Hansen.

0:28.0

Good to see you guys. Good to see you, Chris. Good to see you.

0:31.0

We've got some big deals this week in the consumer goods industry, the entertainment industry.

0:36.0

We will break those down. We'll dig into some more earnings news.

0:39.0

And as always, we've got a few stocks on our radar.

0:41.0

But let's start with maybe the biggest deal of the week.

0:44.0

Berkshire Hathaway and 3G Capital are buying Heinz for $23 billion in cash.

0:51.0

Shares of Heinz were at an all-time high, James, and Warren Buffett felt compelled to pay a 19% premium on that.

0:57.0

So my first question is, did he pay too much?

1:00.0

Well, it depends, Chris. I mean, I'm happy as an Income Investor advisor,

1:04.0

because I recommended Heinz, and now it's up 20%.

1:06.0

And we finally got a chance to see what Warren Buffett's elephant gun looks like, which is pretty cool, too.

1:11.0

But this deal to me smacks more of OK-ness than genius.

1:15.0

The fuzz factor to answer your question is going to be how much fat these 3G guys can trim,

1:21.0

who are going to come in and manage this company, can trim from this business.

1:25.0

Heinz has been cutting costs for many years, so I don't know how effective that's going to be.

1:31.0

I don't think it'll be a disaster. I just don't see it being a huge success, either.

1:34.0

What about you, Tim?

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.