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Industry Focus

Where the Money Is 11.04.13

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 4 November 2013

⏱️ 27 minutes

🧾️ Download transcript

Summary

Berkshire Hathaway chugs along and we dig into the mailbag! Join Motley Fool analysts Matt Koppenheffer and David Hanson as they discuss the latest on Popular, BB&T, and… Ray Lewis.

Transcript

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0:00.0

Berkshire Hathaway chugs ahead, banks get ready to get stressed out, and Ray Lewis is ticked off.

0:08.0

You're in the right place folks because this is where the money is. Welcome to the show.

0:16.0

It is Monday.

0:17.0

I'm Matt Kopenhuffer.

0:19.0

This is David Hansen.

0:20.0

This is where the money is.

0:22.0

And David Pamela Anderson ran the New York City marathon over the weekend

0:28.1

What's the deal? When are you going to run your marathon? Pam Anderson the Pam Anderson Baywatch.

0:33.0

That does make me sound pretty lazy, but what was her time you were telling me before?

0:37.8

Five hours and 41 minutes.

0:39.4

I think I could probably beat that without treatment.

0:41.1

You probably could, so go ahead and do it okay next year next year maybe

0:45.0

sooner than that I think we get one sooner than that all right headlines for

0:49.2

the day let's start off with a little Warren Buffett in Berkshire Hathaway. Why not?

0:53.6

From Bloomberg, Berkshire Profit advances 29%

0:56.8

on railroad investments.

1:00.7

It looked like a pretty good quarter to me.

1:02.0

I mean, this is Berkshire Hathaway.

1:04.0

There was nothing crazy about the quarter.

1:07.1

Shareholders' equity is up about 10.3% so far this year.

1:11.8

That's pretty nice, although the equity market has been up much more.

1:17.0

Buffett likes to benchmark the company, the growth in shareholder equity versus the returns on the

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