4.4 • 3K Ratings
🗓️ 27 November 2015
⏱️ 39 minutes
🧾️ Download transcript
In the spirit of Thanksgiving, our analysts talk turkey, share some stocks they're thankful for, and dig into some humble pie. Plus, Motley Fool CEO Tom Gardner talks with Malcolm Gladwell, author of David and Goliath: Underdogs, Misfits, and the Art of Battling Giants.
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0:00.0 | Everybody needs money. That's why they call it money. |
0:07.0 | From full global headquarters, this is Motley Fool Money. |
0:19.0 | It's the Motley Fool Money radio show. I'm Chris L. Joining me in studio this week for |
0:23.0 | Million Dollar Portfolio, Jason Moser and Simon Erickson, and from Motley Fool Deep Value, |
0:27.0 | Ron Gross. Good to see you. It was always gentleman. |
0:29.0 | How you doing? It is our Thanksgiving special. We will give thanks for some stocks and we will call out just a few |
0:35.0 | Trekkies. Never gets all. Once again, we blow all of our budget on that one sound effect. |
0:43.0 | It's really worth it though. We're going to hear from best selling author Malcolm Gladwell and we will dip into the |
0:49.0 | Fool mail bag. But let's start this week with a serving of humble pile. Let's just go around the table. |
0:55.0 | We're going to have our year in review special in a few weeks. But let's take a moment. Look back on 2015, Ron Gross. |
1:02.0 | A story or a stock that you were wrong about. This is painful. It's a stock and it's a |
1:08.0 | Aero Postal. ARO. Chris, let me tell you a story. Back in July 2011, I recommended the stock at $18 a share. |
1:17.0 | And then I recommended it again at $12. And then again at $16. Stock is now 60 cents a share. |
1:24.0 | Market cap of only $48 million. And serious danger of being delisted unless they do something like reverse stocks. |
1:30.0 | Business has deteriorated during the last few years. Things are not likely to get much better. Some may think of it as a value investment. |
1:40.0 | But boy, they're in serious trouble burning through cash balance sheet is as strong as they need it to be in light of the fact that they're burning so much cash. |
1:48.0 | So it's been it's been very painful. And I actually am quite sorry I ever recommended the stock. And I should have really thrown in the towel long before I did. |
1:58.0 | We've talked before. Teen apparel is a really, really tough space. It sounds like given the market cap that maybe someone buys them for it. |
2:07.0 | It could be you know our thesis in the first place was that cotton prices were going to come down and the economy would improve it. And that's largely happened. |
2:14.0 | But you know what if you don't sell stuff that people want, it doesn't much matter. And they just don't have the right merchandise in the stores. |
2:21.0 | Jason Moser. Well, let's continue the retail theme. |
2:23.0 | Coach, coach you slide dog. You know, this was one where we we really thought that they were going to be able to turn things around. |
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