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Talking Real Money - Investing Talk

Seductive Stock Offerings

Talking Real Money - Investing Talk

Don McDonald

Business, Investing, Education, How To

4.5811 Ratings

🗓️ 11 December 2020

⏱️ 8 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

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0:22.8

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0:34.9

Reality Radio for a really great future.

0:38.0

We're talking real money.

0:40.6

This is Talking Real Money.

0:42.3

Hi, I'm Tom Cock.

0:43.2

Thanks for joining us here to help you better understand how money and investing work every single day.

0:51.4

And, you know, I'm an older guy.

0:57.4

Yeah, I'm older than 60, so I guess that makes me old in some ways. But I like new, just like you. I love new car. I love a new movie. And I love a new restaurant.

1:04.4

Remember when you could go sit inside and have someone serve you food and stuff? It's been a while

1:10.2

where we are, but, and I think it'll be a while longer.

1:12.9

But I love all that new stuff, but I do get nervous with new stuff when it comes to you and your money.

1:19.0

Because I think you get separated a lot of times.

1:21.9

You get excited about things.

1:23.4

You want to jump in.

1:24.3

You want to be part of the newest, hottest thing.

1:27.0

And that generally is better for the people selling the product than the people buying it.

1:32.6

And this week, some big new, right?

1:35.3

Initial public offerings, IPOs from DoorDash and AirB, DoorDash,

1:43.4

debuted 30, pardon me 386% increase on its first day of trading.

1:50.4

That means the 7-year-old company is worth about $72 billion.

1:55.5

Shares opened at 182.

...

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