Motley Fool Money: 03.01.2013
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 1 March 2013
⏱️ 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 Fool Money. |
| 0:19.0 | Welcome to Motley Fool Money. Thanks for being here. |
| 0:21.0 | I'm your host, Chris L. Joining me in studio this week for Motley Fool 1, Jason Moser |
| 0:25.0 | and for Motley Fool's Million Dollar Portfolio, Charlie Travers and Ron Gross. |
| 0:29.0 | Good to see you guys. We got retail stocks. We've got gaming stocks. |
| 0:33.0 | We got the 25 best companies in America. |
| 0:36.0 | We'll talk about the future of Ford Motor and the automotive industry |
| 0:39.0 | with best selling author, Bryce Hoffman. |
| 0:41.0 | And as always, we got a few stocks on our radar. |
| 0:43.0 | But we're going to begin this week with Groupon. |
| 0:46.0 | Shares were down more than 20% on Thursday after terrible fourth quarter results. |
| 0:51.0 | But they bounced back Friday morning after CEO and founder Andrew Mason was fired |
| 0:56.0 | late on Thursday. And Jason, Andrew Mason said as much in his farewell letter, he had to go. |
| 1:03.0 | Yeah, and that was a good farewell letter. I mean, I think it was probably the most effective communication |
| 1:07.0 | we've seen from him thus far. And included a joke. |
| 1:10.0 | You don't usually get a joke in a resignation letter. |
| 1:12.0 | He really showed us true colors there, some humility and a good sense of humor. |
| 1:15.0 | But I mean, this is something that obviously needed to happen. |
| 1:17.0 | I don't think it's a surprise that it happened, especially even their core. |
| 1:20.0 | But I would also warn investors to please not be fooled in the thinking that just a leadership change |
| 1:25.0 | makes everything all better here because you still have the same underlying problem in a company |
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