Motley Fool Money: 09.18.2009

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.3 • 3.1K Ratings

🗓️ 18 September 2009

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Fed Chief Bernanke says the recession is "very likely over." Warren Buffett says he's buying stocks. Facebook reports a profit. And France wants happiness to count as part of GDP. We'll tackle those stories, debate the relative merits of mega-author Dan Brown, and share three stock ideas. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to Motley Full Money, I'm Chris Hone, I'm joined in studio by Motley Full
0:08.6	Senior Analyst Seth Jason, James Early and Shen and Zimmer and guys, welcome.
0:13.1	Good to be with you Chris.
0:14.1	Not a Chris, as ever.
0:15.1	We're taping on Thursday because we just couldn't wait.
0:18.7	It's my fault.
0:19.7	Parents are coming to town, maybe to show off, I got to take tomorrow off so this is it.
0:24.1	Sorry, all about Seth.
0:25.1	I hope nothing important happens Friday.
0:28.4	On today's show, we'll look at the latest big numbers for Facebook, we'll get happy
0:32.7	with the GDP, we'll debate the relative merits of super author Dan Brown and as always,
0:38.7	we'll offer up three stock ideas.
0:40.8	But we begin with the big macro.
0:43.1	Earlier this week, Fed Chief Ben Bernanke said the recession was, quote, very likely over.
0:49.0	New claims for unemployment continue to fall, manufacturing numbers are getting better
0:53.4	and Warren Buffett told the conference in California this week that he was buying stocks
0:57.9	because he's getting, quote, a lot for my money.
1:01.4	As of today, guys, the Dow is up more than 50% from its March low.
1:06.0	So investors have been feeling bullish for a while.
1:08.4	Shannon, I'll start with you.
1:09.5	Are you in a buying mood?
1:10.8	Well, if Buffett is, I guess I should be, right?
	...

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