meta_pixel
Tapesearch Logo
Log in
Motley Fool Money

Year in Review

Motley Fool Money

The Motley Fool

Business, Investing

4.43K Ratings

🗓️ 19 December 2014

⏱️ 39 minutes

🧾️ Download transcript

Summary

What was the business story of 2014? What was the biggest surprise? Which CEOs deserver some holiday cheer? Who deserves a lump of coal? We tackle those questions and revisit our interview with How Not To Be Wrong author Jordan Ellenberg.

Transcript

Click on a timestamp to play from that location

0:00.0

Everybody needs money. That's why they call it money.

0:07.0

From full global headquarters, this is Motley Fool Money.

0:19.0

It's the Motley Fool Money Radio Show. I'm Chris Hill joining me in studio this week

0:23.0

from Motley Fool Pro and Options Jeff Fisher from Motley Fool Income Investor James

0:27.0

and from Million Dollar Portfolio and MDP Deep Value. Mr. Ron Gross, good to see you gentlemen.

0:32.0

Good to see you. We are going to put a bow on 2014. The stories, the stocks, the CEOs, and yes of course we're going to share a few stocks you can put on your watch list.

0:41.0

But Ron Gross, let me start with you. A lot of big stories this year. Recently we've seen the oil prices falling. We had Alibaba.

0:50.0

If you name all of them, the oil prices in Alibaba, the biggest IPO in history.

0:56.0

That happens to be the one I've got right here. Go for it.

0:59.0

Alibaba, the largest IPO ever in the history. Actually the one before that, the largest was Agricultural Bank of China.

1:06.0

I know you're all very familiar with that. Not a household name.

1:09.0

Not a household name. They raised $25 billion. Stants at a market cap of $270 billion right now. Jack Moss, $15 million shares into this.

1:17.0

Jack Moss, $15 million shares into this. Yahoo, took out a big chunk of change. Stocks done pretty well. I would say we're up 16% year to date.

1:25.0

It's off of its high. Where are we? 109 now. It was probably at 120 at its height. But big, big bucks.

1:33.0

Is this something you're hoping in 2015 falls down into value territories? You could take a little nibble? You just.

1:40.0

I think it would have to fall quite a bit. James Early, what's your business headline?

1:44.0

I like the bizarre angle on this. I'm going with the fall of oil, which is a predictable part. But what's the bizarre thing is that it's really brought down the prices of many, many companies, even those who would benefit from cheaper oil, which basically indicates that nobody really knows what's going on.

2:00.0

And that's my favorite time to invest. Actually, we can look back for a comparable. Not wrote this in my recent income investor newsletter.

2:07.0

In 2008, the price of oil in July was $147 a barrel. By December, it was $30 a barrel. So that was an even bigger drop than we've had now from 110 to what are we at?

2:20.0

60 something like that. So, and two years later, oil had tripled to $200 after 2008.

2:25.0

So, are you a buyer of oil stocks? No, only an idiot can be confident in this kind of situation.

2:31.0

So, I guess again. But largely, I would be inclined to be a longer term buyer. Jeff Fisher.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Motley Fool, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Motley Fool and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.