4.5 • 928 Ratings
🗓️ 23 September 2015
⏱️ 13 minutes
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A spiffy pop is a beautiful thing. David Gardner explains the roots of this very Foolish term – and why only long-term investors usually experience them.
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| 0:00.0 | It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner. |
| 0:07.0 | And welcome back to the Rule Breaker Investing Podcast. |
| 0:12.7 | My name is David Gardner. |
| 0:13.7 | Thanks for joining me. |
| 0:14.8 | This one is number 14. |
| 0:16.7 | Hope you've enjoyed the previous 13. |
| 0:19.1 | This one is going to be like all the others, I hope, |
| 0:21.6 | in that my goal is to do what the |
| 0:23.1 | Motley Fool's been trying to do for 22 years now and that's to educate to |
| 0:26.8 | amuse and to enrich exactly the phrase printed on the front page of keyword |
| 0:32.0 | fool on AOL back in the day August 4th of 1994 when we |
| 0:35.7 | debuted to educate to amuse and to enrich and today I want to start by defining a |
| 0:40.0 | term a term that isn't used casually in many conversations these days, but it's a beautiful word and it's reification. |
| 0:47.0 | Raise your hand if you know already what the word reification means. |
| 0:50.0 | Well, I do see a few hands up, but I think a lot of us don't exactly know what |
| 0:54.8 | reification means so let's go over briefly the definition as you might find it in |
| 0:59.2 | Webster's to convert into or regard as a concrete thing |
| 1:05.4 | Reification what are some examples how about how about IQ |
| 1:10.4 | Intelligence quotient now |
| 1:15.7 | That's a measure of intelligence. It's not the measure of intelligence. There are many forms of intelligence as we now know, but as soon as |
| 1:19.4 | somebody invented a test and said, take this test, your score is 113 that is your intelligence |
| 1:26.1 | the intelligence quotient kind of reified the concept of intelligence probably |
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