Tronc & Verizon Roll The Dice

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4.7 • 1.7K Ratings

🗓️ 7 September 2017

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tronc buys The New York Daily News, while Verizon launches a rewards program that comes with a catch. Jason Moser analyzes the respective moves and shares his skepticism about either one succeeding. Plus, we wrap up “Mistakes Were Made” week by discussing why some company moves belong on a short leash and why you should never fall in love with a stock price.

Transcript

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0:00.0	It's Thursday, September 7th.
0:04.0	Welcome to Market Foolery.
0:05.0	I'm Chris Hill.
0:06.0	Joining me in studio today for a million dollar portfolio, Jason Moser.
0:09.0	Nice for being here.
0:10.0	We're actually taping this earlier in the week because on Thursday the seventh I will be up in New York City for the podcast up fronts
0:16.5	So if I say today then like I can't really screw it up because you've already basically given this forewarning that
0:23.4	today isn't actually Thursday.
0:25.6	Right.
0:26.6	Today is Monday.
0:27.6	We're publishing this on Thursday.
0:28.6	But it's published on Thursday.
0:29.6	Exactly.
0:30.6	We're going to continue with Mistakes for Maid Week.
0:32.6	But a couple of news items from the broad world of media
0:37.1	that we wanted to get to first.
0:38.5	And we'll start with our good friends at Trunk.
0:42.9	Yes, you said that correctly.
0:44.7	Trunk.
0:45.9	The worst publicly named company.
0:48.6	Trunk has bought the New York Daily News
0:52.4	from Morde Zuckerberg. has bought the New York Daily News from Mort
	...

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