What the Heck is Jigsaw?
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 17 February 2016
⏱️ 20 minutes
🧾️ Download transcript
Summary
Priceline announced impressive fourth quarter earnings, but Airbnb continues to grow in popularity. Meanwhile Warren Buffett has found some value in Kinder Morgan, and Alphabet is spinning off its think-tank Jigsaw.
Transcript
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| 0:00.0 | It's Wednesday, February 17th. |
| 0:03.6 | Welcome to Market Foolery. |
| 0:04.9 | I'm Mark Wreath and joining me in studio today from a million dollar portfolio, |
| 0:08.0 | Jason Moser. |
| 0:09.0 | Good to see you, man. |
| 0:09.6 | Heyoo! |
| 0:10.6 | Good to have you in here. |
| 0:12.0 | We've got a lot to talk about including some news from Warren Buffett. |
| 0:15.4 | But let's begin with earnings from Priceline. Fourth quarter earnings from Priceline |
| 0:20.5 | rose nearly 12% year over year. |
| 0:24.2 | They blew out analyst expectations. |
| 0:26.5 | They issued upbeat guidance for the next quarter. |
| 0:29.5 | This is in stark contrast to, say, Expedia, |
| 0:32.4 | which is a smaller company, but still kind of does the same |
| 0:34.4 | thing Priceline does. Expedia did not have such a great quarter. What is Priceline doing |
| 0:40.3 | right that allowed it to have this blowout quarter? |
| 0:43.0 | Well, you know, that's an interesting point. |
| 0:45.0 | I mean, I think it's for all of the attention that |
| 0:48.0 | Airbnb is getting these days, because really let's face it, |
| 0:51.0 | I mean, that is where a lot of the attention goes these days |
| 0:53.4 | is Airbnb sort of the sharing economy this quarter was a good indicator the price line |
| 0:58.0 | is just they're doing just fine and they made sure to let us know that. It really is an impressive business and I think |
... |
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