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Industry Focus

Wildcard: Cruisin' into the New Year?

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

🗓️ 30 September 2020

⏱️ 34 minutes

🧾️ Download transcript

Summary

For this Wildcard Wednesday, we're taking a look at the increasingly wild industry of cruise lines. Join Motley Fool contributor and professional cruiser Dan Kline as he digs into how the industry has coped in the wake of the current pandemic and if now is the time to start buying before ultimately answering the question that we know is on the top of all of our listeners minds: Dan has a cruise booked for January, will it happen?

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Industry Focus. The Podcasts

0:08.3

that dives into a different sector of the stock market each day.

0:11.2

I'm your host Emily Flippin. I'm

0:12.8

Jason Moser. I'm Nick Seypool. I'm Dylan Lewis. And today we're talking

0:16.6

financials. Today we're talking consumer goods.

0:19.1

Wildcar! Wednesday. And we're talking energy. And today we're talking tech. Let's dive in.

0:27.6

Welcome to Industry Focus. It's Wednesday September 30th and I'm your host Emily Flippin.

0:33.7

For today's Wild Card episode, I'm joined by Motley Fool contributor Dan Klein.

0:39.0

We're going to be taking a look at the cruise industry, and more importantly, we're going to be answering a question a

0:44.8

question that I know all of our listeners must be dying to hear the answer to I'm kind of

0:50.0

joking but the question is Dan has a cruise booked for January. Will it happen? And will Dan be on it? That's what we're going to try to figure out for the next 30 minutes or so. Dan, how are you?

1:02.0

I'm good. And those are two very separate questions, because the cruise could happen, but I'm only going to be on it if it's actually safe to be on it.

1:10.0

And that is kind of a promise to Tom Gardner like and that may not mean a vaccine but it may depend on how much testing they can do exactly you know are they going to test me every day on board are they going to test the crew every day? It is a three day trip that only stops in the Bahamas, so it could end up the private island. It could be pretty easy to control that type of environment by limiting what you can do when you get off when you're not at the private

1:35.5

island. So there's a possibility, but we're going to get into the nitty gritty as we go through this half hour here.

1:40.5

So I don't know if anybody listening has been doing the same thing that I've been doing since the pandemic began,

1:47.0

but on a near daily basis, I've been doing two things.

1:50.0

One is checking Zillow constantly looking at house listings. I'm in by no means a position where I'm going to be buying a house or a condo or whatever it is anytime soon. But I look as if I am just because it's been kind of a

2:06.4

cathartic experience for me during the pandemic but an additional thing that

2:11.7

I've been checking that's maybe more realistic far off into the future is checking the prices on cruises.

2:17.7

I've been looking at these cruises just living vicariously through the experiences that maybe I could have at some point in the future.

2:25.5

But I am just constantly shocked by the prices and how cheap these cruises seem to get.

2:30.9

We'll talk about that.

...

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