WeWork Goes Bankrupt
Motley Fool Hidden Gems Investing
The Motley Fool
4.3 • 3.1K Ratings
🗓️ 7 November 2023
⏱️ 25 minutes
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| 0:00.0 | Poor out of kambucha, we work has gone bankrupt. You're listening to Motley Full Money. full money. I'm Ricky mallvee. I'm Ricky mallvee. |
| 0:13.0 | I'm Ricky mallvee. |
| 0:15.0 | joined today by Bill, man, man Bill good to see you. I'm glad to be back |
| 0:26.8 | Ricky how you doing? Doing pretty well I mean I have I got less adventures to talk about you just you just had a john around Africa. |
| 0:34.0 | Yeah we did a lap a lap. A lap. A lap. Yeah so we were in Mozambique and the country formerly known as Swaziland and then Namibia and South Africa. |
| 0:46.4 | And it was a, hey, no more kids are in the house. |
| 0:50.8 | Let's go somewhere adventure. And my wife and I had a blast. |
| 0:55.0 | We were talking earlier about turning our work brain off on a longer trip. |
| 1:00.0 | It is difficult to turn the investing brain off, I would imagine. |
| 1:04.1 | Notice anything interesting about the economies? |
| 1:06.5 | Maybe some investing takeaways? |
| 1:10.3 | So I noticed the last time I was in South Africa was pre-Covid and that was so 2017 and I've actually noticed quite a degradation in what I sense to be the economic conditions in the country. |
| 1:27.3 | I may well be wrong. |
| 1:28.8 | It is a country that is largely defined by commodity prices and as we know commodities have been white-hot in the last year. |
| 1:39.8 | So I actually saw some really interesting things in terms of how young these |
| 1:47.6 | countries are skewing and how much economic potential there is throughout southern Africa. |
| 1:55.2 | Let's move on to Uber's earnings. |
| 1:57.2 | Uber reported this morning. |
| 1:58.8 | Last time we talked, the company made an operating profit for the first time in company history. Give your The company |
| 2:04.3 | history give yourself a pat on the back and buy gum bill man they've done it again |
| 2:08.5 | The twist though |
| 2:10.0 | Yeah, ish |
... |
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