Motley Fool Money: 11.02.2012
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 2 November 2012
⏱️ 39 minutes
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| 0:00.0 | Everybody needs money. That's why they call it money. |
| 0:09.0 | 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 Ellin, joining me in studio this week from Motley Fool |
| 0:24.0 | Inside Value, Joe Megger, from Motley Fool Income Investor James Early |
| 0:27.0 | and from Million Dollar Portfolio, Ron Gross, gentlemen. |
| 0:30.0 | Good to see you as always. How are you doing, Chris? |
| 0:32.0 | Well, we had a short week in the markets, but we've got earnings |
| 0:35.0 | from oil companies, internet companies, and companies that do other things. |
| 0:39.0 | Princess Leia is now a Disney princess. |
| 0:42.0 | We will get into that. Do not mock Princess Leia. |
| 0:45.0 | Never know you had it. I think we all had a little thing for Princess Leia back in the day. |
| 0:49.0 | And as always, we've got a few stocks on our radar. |
| 0:52.0 | But we begin with the big macro, and this week guys, the big macro is absolutely |
| 0:56.0 | Hurricane Sandy, which caused huge damage in the Northeast part of the United States. |
| 1:01.0 | Obviously, the recovery is ongoing, worth pointing out that this is a storm with a death toll. |
| 1:07.0 | And obviously, our hearts and our thoughts go out to the people in New York and New Jersey |
| 1:12.0 | who are dealing with the recovery. |
| 1:14.0 | Estimates now are that the damage could cost somewhere in the neighborhood of $50 billion. |
| 1:19.0 | Joe, I want to start with you because the stock market was closed on Monday and Tuesday. |
| 1:25.0 | First time in over 100 years that it was closed for that amount of time due to weather. |
| 1:30.0 | What did you make of the reaction when the markets reopened on Wednesday? |
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