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Motley Fool Hidden Gems Investing

The War on Cash, Revisited

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 3 December 2023

⏱️ 26 minutes

🧾️ Download transcript

Summary

Matt Frankel and Jason Moser, our resident Fintech Fools, caught up to talk about the payments space, how it's changed this year, and what they’re keeping an eye on come 2024. They discuss: The state of the “War on Cash” Embedded finance And two “toll booths” that aren’t going away anytime soon Tickers discussed: V, MC, PYPL, SQ, PINS, MQ, FOUR, MELI, UBER, DASH Host: Jason Moser, Matt Frankel Producer: Mary Long Engineer: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

War on Cash Basket of Master Guard Visa, Paypal, Block, and equal weightings.

0:07.0

The inception date of July 24, 2017 is worth noting.

0:10.6

This basket is still up 130% versus the market's 105% so even with this pullback

0:16.7

specifically I mean I look at companies like Block and PayPal even with the pullback in companies like those

0:21.3

the basket is still outperforming.

0:23.2

I'm Mary Long and that's Jason Moser, a lead advisor here at The Fool and our go-to guy when we want to talk the war on cash.

0:37.0

As we close out the year, we'll be bringing you some industry-focused style episodes,

0:41.0

where a couple analysts get together to discuss standout stocks in a given industry.

0:45.2

Today, Jason is joined by Matt Frankel to tackle the world of payments. Oh, Let's go and just start this show off with let's call it the big format right the war on cash basket we get questions about this basket all the time

1:19.0

People are very interested in these companies. I mean it's it's something we talked about for many

1:22.8

many years as a reminder for listeners who may not be as familiar. We're talking about

1:27.2

in specific Visa, Mastercard, Paypal, and Block. Those are the four companies that make up the official war on cash basket.

1:36.0

Though, hey, listen, we encourage all listeners, hey, get creative.

1:40.0

Make the war on cash basket that's right for you.

1:42.6

It doesn't have to be those four, right?

1:44.4

We've even talked about a war on cash basket,

1:46.4

part two on these shows before.

1:48.8

But Matt, we're gonna kick it off with these four specifically.

1:52.1

And I wanna start with the two big toll booths right

1:54.9

Visa and Mastercard because these are kind of the these are the ones that are always just

1:59.1

kind of in your face so obvious and yet some folks will say you know these are these are these are

2:05.9

companies that are headed the way the dodo bird right crypto and web 3.0

...

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