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Motley Fool Hidden Gems Investing

Motley Fool Money: 06.04.2010

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 4 June 2010

⏱️ 39 minutes

🧾️ Download transcript

Summary

BP deals with a spreading spill and sinking stock.  The market reacts to the latest jobs numbers.  And Michael Dell talks publicly about the possibility of taking his company private.   In this week's Motley Fool Money Radio Show, we tackle those stories, share some stocks on our radar, and talk with Matt Ridley about his new book,  The Rational Optimist: How Prosperity Evolves. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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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 Hellen. I'm joined by Motley Fool,

0:23.0

Senior Analyst, Seth Jason, James Early, and Shannon Zimmer.

0:27.0

Good to see you. Good to see you Chris.

0:29.0

On this week's show, BP tries to reassure the public.

0:32.0

Dell talks about going private and best-selling author Matt Ridley

0:36.0

makes the case for rational optimism.

0:38.0

But we begin with BP.

0:40.0

On Friday, the company said oil was successfully being siphoned from the well.

0:44.0

But guys, there's still a lot of frustration and anger out there

0:47.0

and the Justice Department has opened a criminal investigation into BP's oil spill.

0:52.0

Shannon Zimmer, let me start with you.

0:54.0

What are your basic thoughts on the week that BP has had?

0:57.0

Well, maybe the next week will be just like this one.

0:59.0

We ended last week with some optimism about the technique

1:02.0

that they were trying to use to cap the well.

1:03.0

And that turned out not to work.

1:05.0

And so, I guess, hope swings eternal.

1:07.0

But the track record here isn't that good.

1:09.0

Last week, we talked about whether or not BP the stock was a buy

...

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