Where the Money Is 11.08.13
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 8 November 2013
⏱️ 25 minutes
🧾️ Download transcript
Summary
Are the parts of Bank of America worth more than the whole? Join Motley Fool analysts Matt Koppenheffer and David Hanson as they give the bull and bear cases for Berkshire Hathaway, answer questions from listeners, and scour the headlines for the information that you need to know.
Transcript
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| 0:00.0 | It's Jobs Friday. We should celebrate, right? You're in the right place folks because this is where the money is. |
| 0:11.0 | Welcome to this show. I am Matt Kopenhuffer. This is David Hanson. It is Friday. David, we just got in from a fire alarm. I'm still thawing out. |
| 0:20.0 | Although they did give us some Cracker jacks, I guess, as a... |
| 0:24.0 | You've got your beard though, you should be warm. |
| 0:26.0 | For those of you listening, Matt looks like forced gum when he doesn't shave for like six months. |
| 0:30.0 | That's an exact depiction of what Matt looks like. |
| 0:32.0 | Six months. I could not shave like six months. |
| 0:32.8 | I can not shave for six months |
| 0:34.3 | and I would look like Forrest Gump after two days. |
| 0:37.8 | Yeah, that's fun. |
| 0:39.2 | All right, let's move on to the headlines. |
| 0:41.4 | First headline of the day. It is indeed Jobs Friday. This is from the |
| 0:45.4 | Wall Street Journal. Headline is in October, jobs report. U.S. hiring picks up strongly. |
| 0:51.2 | David blew it out of the water. |
| 0:54.0 | Two hundred and four thousand jobs. |
| 0:55.9 | Forecast was for 120,000. |
| 0:58.2 | I have been worried about what October was going to look like because of the government |
| 1:01.8 | shutdown. This is amazing, right? |
| 1:04.5 | How bad is that forecast? 120,000, what, over 200,000 jobs. I would love to have a job where you can |
| 1:10.5 | miss by about 100% and still be called an expert in the economy. |
| 1:13.4 | I should also mention that the prior two months were revised upward by a combined 60,000 jobs. |
| 1:20.2 | The economy is... |
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