Motley Fool Money: 08.12.2011
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 12 August 2011
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:16.0 | From Fool Global Headquarters, this is Motley Fool Money. |
| 0:19.5 | Welcome to the show. Thanks for being here. I'm Matt Greer, sitting in for Chris Hill |
| 0:23.2 | this week and joining me in studio this week from Motley Fool Hidden Jim Seth Jason |
| 0:27.5 | from Motley Fool Global Games Tim Hansen and from Motley Fool Income Investor James |
| 0:32.3 | Early. Guys, welcome. Thanks, Mack. It's really nice to have you on this side of the |
| 0:36.2 | table so now we can we can criticize you. You can hide behind the glass anymore. |
| 0:39.9 | Yeah. Go go easy on me. Go easy. Okay guys a little later in the show we're going to talk |
| 0:44.2 | with Motley Fool co-founder David Gardner. David's going to weigh in on the Wild Week on Wall Street. |
| 0:49.5 | He's also going to share a few stocks on his radar and as always we will talk about some stocks |
| 0:54.6 | on our radar but let's begin with that wild week. The stock market roller coaster lots of |
| 1:00.3 | volatility James early. What are your thoughts? Mack the key is to separate opinion from economic |
| 1:05.7 | reality. We've had a lot of opinions out this week or past we guess in P has an opinion. |
| 1:10.6 | The Fed has an opinion. France has issues not so much an opinion but there's all these things going |
| 1:16.5 | on and people don't know exactly what to make of them. They don't necessarily have direct cash flow |
| 1:23.0 | implications yet but people are selling because they're nervous but this could actually be a good |
| 1:27.7 | time to buy. If you look at John Templeton this is a guy who in 1939 when Hitler invaded Poland |
| 1:33.7 | and markets were crashing borrowed $10,000 to buy every stock trading below. Hunter shares |
| 1:39.0 | of $100 excuse me of every stock trading below $1 and he made money on just about all of them. |
| 1:44.3 | Made a big fortune actually so history has shown that times like these are the negative |
| 1:49.2 | washes out and economics rule at the end of the day. There's still some decent economic news. |
| 1:55.8 | People tend to conflate stock market moves with economic news and that's a pretty silly thing to do. |
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