The $300 Billion Social Network

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4.7 • 1.7K Ratings

🗓️ 5 November 2015

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

Facebook hits an all-time high and becomes the 6th-largest public company. Whole Foods stumbles. Expedia makes HomeAway an offer it can’t refuse.

Transcript

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0:00.0	It's Thursday, November 5th.
0:03.3	Welcome to Mark Fuller.
0:04.3	I'm Chris Hill joining me in studio today for a million dollar portfolio of Jason
0:07.7	Moser.
0:08.7	Happy Thursday.
0:09.7	It's not a happy Thursday for everybody.
0:12.1	Not everybody. Not if you're a whole food shareholder or the vice president of the Maldives or the vice president of the Maldives who has just been impeached because
0:20.3	Apparently he was plotting to kill the president of the Republican Maldives.
0:25.4	So, yeah.
0:26.4	I think of the president is probably feeling pretty good about that right now.
0:28.4	Yeah.
0:29.4	I'm guessing that's some nice bipartisan action going on in the Parliament where they just get together
0:34.3	and unanimously impeach the vice president.
0:36.3	Dodged one.
0:37.3	We got a big deal in the travel business.
0:39.9	We will get to Whole Foods and their latest quarter.
0:42.6	Let's start with the social network.
0:44.3	Facebook, third quarter profits up 11%, stock up around 4% or 5% hitting a new all-time high,
0:51.0	and mobile.
0:52.0	Holy cow, the mobile revenue that they are bringing in just
0:56.6	continues to rise. Yeah I mean they have made they have made the move to mobile and done it successfully.
1:05.0	I mean, I don't think there's any question about it, which I mean, in this day and age is extremely important.
	...

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