35 Burst results for "Motley"
"motley" Discussed on Merriam-Webster's Word of the Day
"It's merriam Webster's word of the day for November 29th. I'm Brian betheny, host of it's a good life. The podcast for entrepreneurs. Over the past 25 years, I've built America's largest business coaching company. My podcast takes everything I've learned along the way, some great guests I met over the years and gives you the tools to grow your business and yourself. Entrepreneurship isn't always an easy life. But with the right guidance, it can be a good one. So tune in to it's a good life. The podcast for entrepreneurs. Today's word is Motley spelled, Motley is an adjective. It usually means made up of many different people or things, and often appears in the phrase Motley crew or Motley mix. It can also mean variegated in color. Here's the word used, and a sentence from the South Florida sun sentinel by Bill Kearney. As evidenced by Burmese pythons and ubiquitous iguanas, there's a Motley roster of non native reptile species surviving in Florida, three times the amount of indigenous species, but there are two in particular that are on the rise. The word Motley wears many colorful hats, each having a distinct use, as an adjective, it implies variety, be it in hues or humans. As a noun, it can identify an eclectic variety, a multicolored fabric, a garment made from such a fabric, or the jester known for wearing such garments in the European courts of the Middle Ages, and the renaissance. The words origin is unknown, but some etymologists suspect that the middle English word mot meaning moat or speck may be its source. There may be a speck of truth to that, surely etymologists and lexicographers don't just. With your word of the day on Peter sokolovsky. Visit Miriam Webster dot com today for definitions, wordplay, and trending word lookups.
Stocks end September down 9.3%, worst month since March 2020
"Stocks into September down 9.3% the worst month since March 2020 I'm Norman hall Wall Street closed out a miserable September with the S&P's worst Motley sketch since March 2020 when the coronavirus pandemic crashed global markets It ended the month with the 9.3% loss and posted it third straight losing quarter It's now at its lowest level since November 2020 is down by more than a quarter since the start of the year The main reason financial markets continue to struggle as fear about a possible recession as interest rates soar with hopes of beating down the high inflation that swept the world
"motley" Discussed on Fresh Air
"I want to go back to that disappointment of not being appointed by thurgood Marshall to be his successor. As chief counsel, and what that might have laid the groundwork for, Motley was on a short list to be nominated to sit on the Supreme Court and you've said that President Biden's announcement that he nominated a black woman to the Supreme Court. That could have happened 50 years ago. Did Motley ever express anger or regrets about this or how she was treated during this era. So there are two parts of the story first, Lyndon Johnson initially wanted to appoint consensus baker Motley to the U.S. Court of Appeals to the second circuit. And there was tremendous pushback against this idea, she said, a woman was not wanted on the second circuit and barely wanted on the federal trial court. And she was disappointed in that. She says that thurgood Marshall was disappointed that she did not receive the appointment to the higher court, and yet she went on to the federal district court and her name was reported in the media as being on short list for the Supreme Court. It didn't work out for a number of reasons, including because being the civil rights Queen was a double edged sword. People would say that she couldn't be fair to litigants and discrimination cases. They were actually recusal motions made on this basis. And so she was not happy with any of that. I would not say that she was angry. That was in the way she made her way through the world, but she was disappointed and yet she would be so pleased, I'm sure. In this moment, where a list of African American women is out there and several of them are eminently qualified. And I am pleased that we're at this moment. It's been a long time coming. Tomiko Brown nagin, thank you so much for this book, and thank you for joining us. Thank you. It's been delightful to talk to you about it. Tomiko Brown nagin is the author of civil rights queen, Constance baker Motley and the struggle for equality. She spoke with guest interviewer Tanya Mosley, who's a special correspondent for the NPR show here and now and.
"motley" Discussed on Fresh Air
"Her new book is called civil rights queen, Constance baker Motley, and the struggle for equality. Here's Tonya. Tamiko welcome to fresh air. I'm delighted to be with you. Thanks for having me. There is a vivid recounting in the book that sets the grounding for Motley's reputation as the civil rights queen. And that's her first experience as a courtroom lawyer in Mississippi, which was the south's most repressive state back in 1949. What was she there litigating and what reception did she receive? Motley was in Jackson, Mississippi litigating a case on behalf of African American school teachers who were subjected to a pay disparity. And as she walked the streets of Jackson and entered the courtroom there, she caused a sensation. Few people had seen a woman lawyer or a black lawyer, and here was this incredible combination of a black woman lawyer. And people were just some were excited. Some were just didn't know what to make of her. And that is the story that I tell in my book about her impact, both as a symbol, but also her substantive impact on the law. Motley saw while she was there, the vestiges of slavery and the ills of segregation. That's how you put it in the book. She couldn't find lodging. She had to sleep in a rooming house for black people, white grocery stores refused to sell food to her. As she was litigating that case, how did that experience shape Motley's view of her role in this fight for civil rights? Well, the reality, Tanya is that Motley experienced some of the same indignities as her client. And so even as she is working as a civil rights lawyer on behalf of a broader black community, she is also working on her own behalf and on behalf of the NAACP, legal defense fund lawyers, many of whom were African American who were seeking to kill Jim Crow. You write about how Motley's foundational upbringing was really important in understanding her perceptions of Mississippi and her work more broadly. Her parents migrated to the U.S. from Nevis, which is a small island in the Caribbean Sea and raised Motley and her siblings in New Haven Connecticut. You're right that her father taught his children that they were superior to black Americans. And you know this view of black immigrants like Motley's father, the view that they had of black Americans. We don't often speak openly about it. Can you describe it? We don't, and yet we should. It's an important part of American history, which illustrates as I concluded my book, it turns out that Caribbean immigrants or immigrants. And in this country, immigrants often seek to define themselves against African American and that is exactly what happened in baker Motley's family. Her father and her mother, her entire family were culturally conservative. They were happy to be a part of the British Empire. They thought of themselves as superior to African Americans, particularly those in the south, whom her father characterized as shiftless and as allowing themselves to be debased by Jim Crow, and what I conclude in the book is that either because of or in spite of her father's mischaracterizations of blacks in the south, Motley became their champion..
"motley" Discussed on Motley Fool Answers
"It's Wall Street dot com dot superb, like they are good at making money for themselves. That's not wrong of them, but when you see something like spacs where everyone thinks they're going to get rich from something, you've got to watch out. And the returns from spacs by and large have been horrible this year. And I think it's as a result and I don't see anything better happening with them with all of that supply out there. If anyone wants to see bill's chart with a performance, and it is downright horrendous for many of these, just go to bill's Twitter feed at TMF otter, the post is his tweet was on December 7th. And it's quite something. Well, this has been interesting and enlightening is always Bill. This has been a thing. Thank you for joining us. It's always great talking with you. At work, we sat right by each other and I am so hopeful for the time in which we're going to be able to do that again. And I miss you guys a ton. And I think Motley Fool answers is such a special special show. More Alison than you. But I totally agree. Completely. I think you guys just do great, great work. And I'm very proud to be associated with what you're doing. Well, thank you, Bill. As I've mentioned on the show before, you and I started at the fool at the very same day, 22 years ago, and you'll always be my favorite former underwear salesman in Russia. That's true. Yeah, they call that they call it disaster day now at the fool. The great undoing. No, it was yeah. We've known each other for a long time. We started the same day and I'm in awe of what you guys do. Thank you, Bill. Thanks for joining us. Well, that's the show..
"motley" Discussed on Motley Fool Answers
"We're going to talk about some of the sneaky ways online retailers try to get you to spend more. And we'll also hear from Bill Mann, analyst at The Motley Fool about why the market is at near all time highs, but your portfolio may be taking a hit. All that and more on this week's episode of Motley Fool answers. All right listeners, I promised you last week that we'd be announcing some news this week. And here it is. After 7 incredible years of Motley Fool answers, do you think we can get away with saying they've been incredible? Does that sound like we're bragging? I feel like they've been incredible. I feel like they've been pretty incredible. Well, we are moving. Next week is going to be our last episode of Motley Fool answers in this feed. So if you're a faithful foolish listener, you know that we have a handful of podcasts, including the daily market foolery, industry focus, and then weekly Motley Fool money. But in January, we're combining these shows I just mentioned into one daily show that will air as a redesigned Motley Fool money. So just like Motley Fool answers appears on Tuesdays, that's when you'll be able to hear bro and me on The Motley Fool money podcast. So we're excited. We really think you're going to like what's coming in January. And we hope you'll follow us through The Motley Fool money feed if you're not already subscribed there. Also, if you don't mind, we want to get your thoughts on the topics you enjoy hearing about. So we have a four question survey that we've put in the episode description. So click that link shouldn't take more than a minute to fill out. Next week is going to be our final episode in this podcast feed, and we want you to be a part of it. Since we've spent so many years answering your financial questions, we are inviting you to ask us anything for our financial show. I have no idea what those questions might be. But we're open. And if you don't have a question, you're also welcome to tell us something about your listening experience..
"motley" Discussed on Motley Fool Answers
"Garrett planning network. Well, today we're fortunate to be able to chat with Cheryl Garrett herself who founded the network back in 2000 and is regularly recognized by industry organizations and publications as one of the most innovative and influential members of the financial services profession. She's also an author of or a contributor to more than a dozen books, has testified before Congress, and has worked with the House subcommittee on financial services. Cheryl, welcome to Motley Fool answers. My delight to be here so let's start with the story of how you founded the Garrett planning network. Once upon a time longer. Well, actually I started, I was a certified financial planner working with individual clients and I started out, you know, the traditional way is my first job in the industry was with IDS. Now I'll call the Mari prize. And I just hated the concept of having to sell a product and so I kind of bounced around in financial planning financial advice, trying to find what would fit for me. And what I felt the need for, you know, what I would want if I were the consumer was I would want to go be able to go in and say, here's what I want going on. What I've got going on, here's my questions. I want you to tell me what you would do. As an expert. But I didn't want to go control over to somebody. So I started offering my services on an hourly basis. Like charging for my time, I didn't sell new products. I sold diamond advice. And lo and behold, people thought it made sense. They liked it, you know, if you build it, they will come, kind of thing. Right. And in a matter of about one year, my business had exploded, I was getting calls from all over my community, referrals from other financial advisers who didn't want to work with somebody who is a quote, do it yourselfer. You know, your community is The Motley Fool. That's the kind of people I like to talk to. I like to deal with people who don't want to bury their head in the sand. I enjoy talking to people who say, when you think about this or would that make sense for me? And I found that there was a whole lot of people out there that needed somebody like me who said, you know, we don't want to turn over control. We just want somebody who can help us man that spends more time. This may be like alter time. And as this whole time and has a lot of training and can give me some objective advice from the outside to say, you know, given your circumstances and what you're trying to accomplish, is that the most efficient way to get there and having some separate eyes to look at it and potentially ask some pressing questions that maybe haven't been thought of. That was really critical. And so I just said, I want to build a kind of advisory shop that would fit a person like me. And within about 12 months, I was getting as many telephone calls from financial planners around the country, as I was from people in my community, saying I need financial advice or can I talk to somebody at work? And he said that he talked to you about what we should do with our new 401k options. So these were like, you know, hey, I've got a question. What do I do? Call Sheryl. It's so simple, but in the olden days, in my prior incarnation as wealth manager, somebody might say, oh, you know, I've got some questions about my 401k if they said call Cheryl my minimum then or our firms minimum was $4000 a year. So that is insane for some guy who wants to have feedback about his 401k options. I often say that I think once every 5 to ten years is a good guideline and certainly before you make a major financial decision, especially as you get closer to retirement, it's helpful to know that you are considering everything in terms of social security. Medicare, withdrawal rates, Roth versus traditional, where do you take the money? I mean, there's so much to know. It would make sense. Exactly. So just pale someone. Somebody. All right. Am I making the right decisions? Is there anything I'm missing? One of the biggest things is when you have something going on in your life, something changes, you know, a job opportunity. You're going to relocate or you're wanting to relocate a change in your relationship. You get married you lose a spouse, you get divorced. Anytime there's a change in your world, your life. Oftentimes that is a really good time to stop and take account of where you're at. So I'm sure many people listening to this will have a range of needs. Some people might find the idea of, you know, give me almost the whole kit and caboodle retirement planning. I was planning insurance now. Maybe even. Right. Some people might just have a single question. So how should people find the right financial planner for what they're looking for? Great question and it's not easy folks. So hang on with me as I explain how I go through it. First of all, a little lecture from the soap box. Finding an adviser or listening to advice, presume that when you find one, this would be somebody you would listen to. Okay. Kind of like a doctor or whatever. When you find one you're going to go to them and listen to their advice. So don't shortcut yourself. You're making a big investment and, you know, like if you had some health issues, you're going to do some research on a physician or who's available in your area in your insurance plan. How are they rated? What kind of feedback do they have? Do they have the hours you're looking for, et cetera? Spend that kind of time in stealth mode as you're doing a search for financial advisers and do Google searches or however you want to. You can use our organization as one of them. I recommend it. I know that sounds surprising. One of the reasons I recommend our organization one of the reasons I started it is I wanted a place for advisers who provided time based billing. You know, they charge by the hour or for the time they have. Rather than the amount of money that you turn over for them to manage, or the amount of commissions that they can make off of selling insurance or investments. We sell time and advice, so I'm a big fan of that. That's a form of the only compensation. So that can my soap box. First off, it's a big decision. Don't rush it. I've done an expert witness on the other side, working on behalf of investors who've been harmed by financial advisers. And there's not very many protections in the law. If you do not work with a fiduciary bottom line is the buck stops with you. You are 100% responsible for whatever a salesperson does to you. Or encourages you to do or whatever. And so definitely work with a fiduciary. And one way to know if they by law must need the definition of a fiduciary of an investment adviser, that was from the 40 act, the series act of 1940. If someone is a registered investment adviser, they are a fiduciary by law. People want to get advice from somebody they trust and rely upon. That's what we all do. But yet there's a majority advisers,.
"motley" Discussed on Motley Fool Answers
"With the expectation of striking it rich. At our last listener lesson comes from PT. Well, we don't have a PT at The Motley Fool, but we do have a JP JP Bennett. It was February 2018 and chipotle was all over the news. I was a longtime fan of the food and was never scared after all I did eat my way through rural India at one point. So when I pulled up to a chipotle in Fort Collins, Colorado and saw a liner on the corner, I was a bit.
"motley" Discussed on Motley Fool Money
"Got a note from danny are who writes longtime listener first-time emailer. Chris has mentioned a few times that he believes having exposure to cybersecurity is essential for most stock portfolios. Would it be possible to hear a breakdown of some different companies in this space primer. Thanks love the show. Thank you for that danny. Thank you for the question. Jason moser what do you think. Well you see. Danny sorry so he can look at this a few ways up for me. I know cyber-security. I agree with you. Chris very important. I also know my scope of knowledge in the space is extremely limited. It unless i become a specialist in this space which. I'm not that that is always going to be the case so for me i mean i look at a company like cloudflare for example as one that fits my style stock. That own of course is talked about on the show before because there is a strong security component to the business but there's also a whole lot more edge computing. It's a content delivery network. There's a lot to it. It's kind of like amazon. In that regard. It's it's a diverse. Business is not necessarily rely on one thing anymore. So i feel like i'm getting that cybersecurity exposure that i want with a company that i believe in but the really all put put all of its eggs in one basket. So that's one way to look at it. Real what about you. Yeah i would say similar. I think a lot of us here are generalists so we look at a lot of different companies. And so i understand that. I am not a software engineer and it probably will not become a software engineer. So i ask myself questions when. I'm looking at these kind of complicated sectors to understand to break down into kind of digestible parts. So what what customers is it serving. What are they doing it. Well so you know what are its retention rates and you can watch a lot of youtube videos of these a lot of these more complicated companies. Cloudflare's a great example. Where you have a big youtube presence where you can see. What does this company to do. What is the edge. And i watch a lot of interviews with people who work there leaders at the company and see if they can speak to people at you know at their level of knowledge and understanding and so getting to a point where i understand it enough and i can understand you know. What is the difference in what it does. And what is the difference between them and some other players and i know some other players in the and the cybersecurity space are crowd strike scaler. those are ones. We've talked about a lot. And so. I think i think looking at all of those different aspects of. It is a good way to make it more more digestible for an average investor are. Let's get to the stocks on our radar behind the glass boy. It's gonna hit you with a question. Jason moser europe. I what are you looking at this week. Sure thing company. I've talked about here before teluk health tickers. Td and they just a need headline across the news this week. They are partnering with a company called proximity proximity the healthcare technology company based in england they enable clinicians to virtually participate in provide support for procedures from anywhere around the world. But the reason why this is so cool among other things. Proximate uses augmented reality. Let surgeon supervise consoling operations remotely so it gives them the ability to show where to make an incision or how to utilize a particular technique actually during surgery. Just a need. I think logical step for virtual healthcare in that regard. But i got a good question on twitter this week. In regard to the pullback intel shares lately house a logical encouraging remember valuation near term is rarely logical. It's very often emotional so to me. This seems like a reset after a really big deal with la mongo some profit-taking from a year of speculation. And just remember. The words have been been graham. He said in the short run. The market is a voting machine in the long run. It is a weighing machine. We're just going to focus on. Tell about getting heavier and heavier year-by-year damn question about telehealth. Chris you know high no that nature's healing out there because jason's back on motley fool money talking about health one of his favorite stocks that into mccormick spices. Of course the and you know me so well. I've always got a seat at the dinner table for you. My man maria gallagher. What are you looking at so on my radar. This week is duo lingo. So if anyone knows anyone who's learning languages. I'm sure they're familiar with duo. Lingo and twenty twenty. There were over five hundred million downloads. It's the top grossing app in the education. Category and on google people actually search duo lingo nine times more than they searched the phrase learn. Spanish it's a revenue increased over one hundred percent in two thousand twenty. I think it's going to be really interesting to understand what will stick as people go back to life more. What was just kind of a phase of playing on your phone game of learning and what will continue to be what people do as life gets more back to normal. But i think it's a pretty interesting company and the ticker symbol d you now. Dan question about duo lingo is dueling goes still doing those really somewhat aggressive notifications on your phone about missing lessons. They try to they. Try to gently encourage you to log on and complete your lessons. Every time i have a friend who's doing dueling go. It's sort of like they show me these these notifications and it's ominous if you miss if you miss a lesson. It's not as ominous as the app. Coast are so if that's your barrier. It's fine what do you want to add to your watch list and well. Doc is a fantastic company. Jason's been talking about it for three hundred years. So i'm actually going to go with dueling. Go because i'm familiar with the service. I'm not familiar with the company. How do you think. I've lived so long day. Jason moser maria gallagher. Thanks so much for being here. That's going to do it for this week's edition of motley fool. Money the show. He's mixed by dan board our producers career. I'm chris hill. Thanks for listening. We'll see you next week..
LA Clippers to Announce Partnership During Groundbreaking for Intuit Dome
"Into. It's going to have a dome. Because steve bomber former microsoft ceo. Who owns the los angeles clippers clippers announced. They've got this brand new home. They're building starting in. I believe twenty twenty three and the naming rights have been purchased by into it so the clippers are going to be playing at the into it. Dome who doesn't want dome
Why Its Expensive to Be Poor
"They say it takes money to make money. It's true and it's also true that it costs money when you don't have money or a better way to put it. It's expensive to be poor. This is jubal added things. Food is more expensive when you don't have a local grocery store or can't afford to buy in bulk wants to carry a ten gallon jug of pickles on the subway. Not me housing is more expensive when you have to stay in a motel because you can't afford a security deposit to rent an apartment in many other random little things. Add up like how it costs more over time to do your laundry at a laundromat when you can't afford a washer and dryer but today we're just a focus on banking and how it is more expensive to manage your money when you don't have a lot of it while cashing your paycheck and paying your bills is pretty tedious for most of us. It's actually a challenge for those who are poor or lack stable income. A few years back many big banks realized they weren't making enough money off of small accounts so instead of offering free no minimum balance checking accounts the kind popular with many low income customers. They decided to require minimum bounces and customers. Pablo that threshold. They have to pay a monthly see. That's right if you don't have enough money in your checking account you have to pay the bank ten to fifteen dollars that you probably don't have because if you did you'd have it in your checking
Tulum, Mexico - New Home for the Digital Nomad?
"Won't places. I always loved the travel mexico. Amazing food amazing. People like so many fun things to do and so today. We're talking about a city. That from what i've heard it's primarily like a playground for the rich and famous. It's called to mexico. I've i've always wanted to learn about it and so it's awesome to be able to have you on the show. No i'm really excited about two may be the other side it to learn that you haven't heard as much about okay right on. So what's your connection to the city so during the whole time. I figured out that. I wanted to go and and move in and try somewhere different worker motley so we looked at places that we were able to really dive deeper into experience the culture but also. I'm a big nature guy and we want to be able to go to the beaches and go to snow taes and get out to the forest and stuff and and to really fit the bill for all of that. It has really everything you would want when you go to place vacation but also if you're looking to go longer term consistently have things to do day in day out and so like when you're working remotely obviously you know. I have a lot of friends. That are like kinda digital nomads. And everything else like that was the there are strong internet connection for you throughout your time while you're there or was it like setup for you'd be able to do that remote work i mean it's incredible out there to be completely honest. It's it's built for people that really want to go out there and actually start building a life out there. There's condos constantly popping up but for the most part restaurants on the beach cafes on the beach and then we had an airbnb that we were able to really improve the internet at and they're really focused on that stuff. You look at airbnb. You look at hotels. A lot of them will will actually include what their internet speed is to make. Sure that you're able to work remotely from there. It's definitely big priority for them. That's also even like when i travel. I'm always like working whether it's on the podcast on my blog or whatever so I love having that high speed internet. No it's crazy. Honestly like i had a lot of friends that would go down to beach clubs for the day and they sit there pay thirty bucks for a beach chair with food and drinks and they work from there the entire day. And it's a really cheap way to be able to get the internet. You need if you're going for a week and you just wanna be able to experience the culture and experience the environment while you're out there as well
"motley" Discussed on Motley Fool Money
"May have interest in the stocks. They talk about on the motley fool. May of formal recommendations for or against buyer sells stocks based solely. On what you here. Welcome back to motley. Fool money. Chris sale here once again with andy. Cross and jason moser time to get to the stocks on our radar man behind the glass boys going with the question andy across europe. I what are you looking at this week. Yeah digital ocean symbol. Do c. n. Seven billion our company provides cloud architecture that allows developers and startups and small and medium-sized businesses to build deploy software in the cloud in a really simple and cost effective way. Much easier and much more scalable for small companies in something like maybe amazon web services doesn't have a lot of bells and whistles or expanding the market and there's and they're in their client base. They have more than one thousand clients around the world they operate with the little droplet vid virtual servers. That can be spun up very quickly for developers. it's very simple. Transparent cost structure of more than forty million dollars in annual recurring revenue. That's up thirty five percent last quarter revenue per users of twenty-five percent. They are very nice dollar-based retention rate of one hundred and thirteen percent. The ceo was a former c. Chief operating officer send grid before it was acquired by twelve so i liked digital ocean has lots of cash on balance sheet. It's not horribly expensive at seventeen times. Prices sales dan so digital ocean diaz cnn. Dan question about digital ocean digital ocean. Sounds like the failed. Follow up album to a one. Hit wonder band are can they. Can they possibly compete with amazon web services. Yeah they are. They are right now. I thought it sounds like a good band named dan. I liked digital ocean as the actual ban name but yes. They can't compete. They are competing ultimately as a grown grown their market space and they try to add more and more of those services does get more competitive so something to watch but digital ocean the band or the company interesting to put on your radar list. Moser we've got about a minute left. What are you looking at. Yeah yeah taken a look at pay pal ticker p l. The super app is code complete and starting to roll out. I think they may be recognized. Some potential kryptonite in that they didn't have a brokerage offering offering gra. Zoe saw the headline this week. That they are exploring a stock trading platform for us customers. They've actually hired an industry vet to start investigating the opportunities there. And i think unlike something like a robin hood nice thing is pay already has a real and sustainable business. That's not dependent on you. Know that whole order flow issue so this would really be nothing more than a complimentary addition to an already very good business. Dan question about paypal. What am i gonna ask you about paypal. Bape house juggernaut pay house like the biggest war on cash company on the planet. Like what am i gonna ask the. Are they doing okay. I love you dan. i don't think i need does what you're going to add to your watch list. Chris i don't think you do either cross chaser guys. Thanks so much for being here. Thanks chris that's going to do it for this week's edition of motley fool. Money show shows mixed by dan. Boyd our producers matt career. I'm chris thanks for listening. We'll see you next week..
"motley" Discussed on Motley Fool Money
"Institutional investors looking to buy instruments especially yield instruments. Even at those low yields. So i just think when that tapering does started mentioning a little bit before. I think that's baked in. I think they're going to manage that. Very well. I don't expect the interest rates environment. Start increase in jason's cost side a side. Which certainly we're gonna see cost increases. We already have. we saw. Taiwan semiconductor announced. They're raising their prices by ten percent. So we will see that. I think consumers can be able to handle that. I think corporations are much better positions now to handle than ever before and i think the buyers of bonds schmitz are going to continue to show up especially foreign investors and that's an continue to suck up the demand that the fed is meeting right now. Maybe not completely but enough so that we're not gonna see this. Big spike in interest rates are before we go to the break. Jason gimme a business prediction. It can be about a company. An industry product a ceo one prediction. Yeah so i this. This may sound a little bit out there. But i think you must steps down as the ceo of tesla by the end of the year if the end of the year maybe early into twenty twenty two but to me. He's already bowing out of earnings calls. I think that everything that's going on right now in the space industry i mean. I think that's really got him thinking about one thing. And one thing. Only and that's spacex. So i feel like he is starting to think he's got tesla in a decent enough place he can. He can remain the techno king in serve on the board and service guidance when needed. But i think it's just a matter of time. Now i think he's i think he's preparing to transition out of that. Ceo role for tesla. And what about you. I was thinking about a ceo step down. He didn't come to mind. But maybe maybe after he gets up to a trillion dollar valuation me. Maybe they know step aside. I think i think on the acquisition from we've seen the acquisition started to to to build obviously zoom looking to buy five nine for about fifteen billion. I think we will see acquisitions. In the insurance business. We saw the first half of two thousand twenty one with gosh. More than twenty five deals worth about thirty billion. According to w c. I think insurance companies are looking for different ways to growth especially grow their user base and there are premiums enforce in the digital space and get digital assets so as they continue to make investments in the digital space very fractured. Market gosh football any any any. Tv you see so many different Some funny insurance company commercials out there. There are a lot of insurance company. I think we'll see more consolidation in the insurance space. I think probably a meaningful size one of maybe like the twenty to thirty billion dollar range more of our fall preview after the break. Stay right here. This is motley fool. Money back to motley. Fool money. Chris sale here with andy. Cross and jason moser. It's our fall preview. Episode a lot of stocks have had.
"motley" Discussed on Motley Fool Answers
"They have their fingers in all the pies because they are vertically integrated. It's hard to say that they have a monopoly in any single industry but they are forced to be reckon with right. Yeah well so. I i to congratulate you for being an amazon investor. I'm sure that's worked out very well for you as well. Thank you. But i think it's also important to know that most of us likely own some shares of these behemoths even if we don't own the individual stocks that's because of the biggest holdings in index funds that many of our listeners zone so like apple is the number one holding the five hundred at six percent microsoft six percent amazon four percent google otherwise known as alphabet more than five percent so we probably all have a stake in this. But it's also that's sort of an indication of how big and powerful these companies have become as for their power. I remember a story in fast company for many years ago. But it kind of stuck with me. It was about how walmart changed the pickle industry just by being one of the biggest buyers of pickles in the world. Walmart wanted gallon size pickle jars. If you've never seen these. These things are huge. They weigh twelve pounds and the problem is if walmart wants it. You pretty much have to do it in at the price that they decide. The article focused on vlasic. Of course the pickle company and the article said that walmart's demands quote distorted every aspect of last six operations from farm field to factory to financial statement and this is one example of how really big companies can throw their weight around the reason why critics call it hipster antitrust i guess is to make it sound like some sort of hippy. Dippy anti-business attack on capitalism. But like fun fact when amazon purchased wholefoods its market cap rose by about fifteen and a half billion to billion more than what they paid for the chain meanwhile the rest of the grocery industry collectively and immediately lost thirty seven billion in market value. That's something like fifteen billion in shareholder value just poof destroyed gone because amazon purchase just one tiny little grocer so when a company has so much power it can cause this kind of reaction from even dipping a toe in industry. Is it too powerful. Economic morality questions aside. What does this mean for you. As an investor i asked ron gross. He's an s senior analyst. Here at the motley fool for his take you know. I think it makes sense to update antitrust regulations so they take into account the realities of the twenty first century and the internet but it still should boil down to my opinion to whether or not the dominance of any company is anti consumer but nowadays. This really isn't an easy thing to determine. We all get a credible benefit from google for example but are we also losing something because of its dominance and search for example. The maybe but it's not an easy question to answer because the world has changed..
Who's Afraid of Hipster Antitrust?
"So the other day i was driving in my car. Listening to npr. Like the mid atlantic coast metropolitan area residing person that i am when i heard the phrase hipster antitrust at first i was like his hipster thing. We're saying again. The answer is not really. And then i wondered. What is this antitrust business about. Well way back in two thousand seventeen. A woman named lena. Kahn wrote a now famous piece. For the yale lodge journal arguing that the rise of massive tech companies like amazon google apple etc proved that modern american antitrust laws were flawed. And how we decide. If a company has an unfair monopoly is outdated and ineffective so to over simplify the status quo. That she was railing against one of the joys of a free market is that you have many companies competing to sell the same product and they keep each other in check by trying to the better price or the best service or some other value proposition to customers. If one company has monopoly that they can charge whatever exorbitant price they want because the customers have nowhere else to go for the same product or service and this is
"motley" Discussed on Motley Fool Money
"May have interest in the stocks they talked about in the motley fool may have formal recommendations for or against by herself stocks based on what you hear comeback back motley. Fool money. chris sale here with maria. Gallagher and jason moser. Our email address is radio at full dot com. Got an email from eric b. He writes a fan of the show over. The last few years truly helped me become a better investor. thanks eric. that's that's why we do what we do. It goes on to ask. What is the best way to get exposure to the wedding market slash industry with so many weddings postponed last year. Due to the pandemic. I'd expect a surge in demand later this year. Assuming we get a hold of the delta variant and can resume reopening. The economy are there any. Ats or stocks. That would give me good exposure to that industry. Great question eric maria. You're saying during our production meeting earlier today. Did you have a bunch of weddings coming up. Yeah i am at the age. Where a lot of people i know are planning to get married about to married getting married soon and so i think i would think about it in a couple of different ways right so i is. Where are they planning the natural place to start thinking about planning a wedding especially as more and more of them are in twenty twenty two twenty twenty three because all of these venues are booked. Up is the place to go as pinterest. there's over thirty eight million pincher. Sports specifically dedicated to weddings. Then you start thinking you know. Where are they registering. Places like target and wayfair for more affordable options places like restoration hardware from our high end stuff third furnishing an apartment. And then how are they budgeting. Are they styling their wedding. It low key. Diy that's a lot of people in my life so you're looking at at sea for ideas of things like bachelorette party favors or ways to ask for bridesmaids or ways to decorate your wedding and make it special but in a more of an affordable way and then lastly it's just where you shopping Where where people buying dresses where people buying suits to attend. So anthropology is owned by urban. Outfitters i just recently bought a maid of honor address from anthropology. My sister bought her wedding dress from their apology. So i think that if you look at it from all of these different angles about you know. How are people spending their time. Going to weddings where people spending their money's when you're thinking about weddings and that's kind of how i started thinking about that. Wow that's a six stock basket for the comeback and weddings. What do you think jason. Well you know what all of this involves chris. It involves spending money. Am i right just for some reason involves spending money. And how is that money. Being spent sade with kids war on cash. I mean you have to love all of these companies in this new intakes whether it's pay pal or square. Look at the the stalwarts like visa mastercard american express and there's just a ton of however this money is being spent look towards those types of businesses as well because that mood that money is moving from point. Eight to point b. in that always to me represents a great way to capitalize on on any sort of long-term market opportunity. Thanks again for the question. Eric and keep emails come into radio at full dot com. Let's get to the stocks on our radar. Are man behind the glass. Dan boy going with the question. Rea- gallagher you're up. I what are you looking at this week. So soccer monitor. This week is roadblocks they just recently announced earnings revenue. Was up one hundred. Twenty seven percent bookings thirty five percent their daily active users were up twenty nine percent there hours engaged. Were nine point seven billion which is up about thirteen percent so i think what is really interesting with. Roadblocks is how many people are there. How many how are they expanding that demographic to that above thirteen continuing to expand internationally and how are people spending their money on that platform so digging into those numbers a little bit and understanding how people are spending their time in their money on. Roadblocks is gonna be really interesting and the ticker symbol rb alex. Dan question about roadblocks chris. We talk about roadblocks so much on this show. And i have a confession. I don't really know what this company does. And at this point. I'm a little afraid to ask. They created the metaverse. You can go in. It's kind of like a new sims but it's all online so like you go in. You have an avatar. You enter their avatars and you play games. So it's kind of like the sims but you don't have to buy the cds. Does the roadblocks metaverse have that funny language that sims speak. I don't have a rope walks. Metaverse but i think maybe you just spend more money on roadblocks. 'cause it's all online as opposed to buying the sims game jason moser. What are you looking at taking a look at elastic ticker as e. s. t. c. And elastic is a company that offers customers the tools to perform search analysis and visualization of all of this data. That is out there to help. Businesses achieve the best outcomes possible. They will be reporting earnings next wednesday after the market closes it's been just kind of a mediocre year. Day is up a little bit but when they just wrapped up their fiscal year here recently that they did so.
"motley" Discussed on Motley Fool Money
"People on this program may have interests in the stocks. They talk about and the motley fool may have formal recommendations for or against so. Don't buy or sell stocks based solely on. What you here. Welcome back to motley fool. Money run gross here with jason buzzer and andy cross. Okay guys time for some stocks on our radar and bring in our man. Dan boyd for a quick question. Jason moser europe. I what do you got. Yeah just looking at app. Harvest ticker h. p. a. p. p. h. Remember this is the ag tech company focused on building those controlled environment agriculture Centers are smart greenhouses. led by founder jonathan. Just some recent headlines. The company recently joined the russell two thousand index which is encouraging get some additional exposure. There recently broke. Count ground on. Its fourth and fifth indoor farms on track to meet its goal of twelve of those Ha in indoor farms there by twenty twenty five. And that's going to be key. They continue to lockdown financing to fuel the growth which is encouraging lenders or seeing the bigger picture investors are seeing the bigger picture. I like that. Ron you know why like that because not only have. I recommended the stock on this week. I actually bought shares of atp harvest myself. Nice day and you got a question about app harvest. Yeah you know. I brought this up last time. I think we had on the show. What is this name app harvest. What do they do in like this me. It means nothing at harvest. Come on well. I mean i think it's just the merging of technology and agriculture right. It's a play on words so to speak to him but it's ag tech. It's a thing it really. It really exists. Andy time is short. You're up what are you looking at. I'm looking at intuitive surgical. The maker of robotic surgery systems for minimally invasive surgery one hundred thirteen billion dollar company almost five billion in cash on the on the balance sheet. Dan known first davinci systems really got hit over the last say year or so little bit over the last eighteen months. Twenty four months from the cova has hospitals and surgery centers and doctors basically shut down elective surgery. So so davinci helps with things. like bariatric. oncology urology procedures So those now. I've started to see some ramp back up so we're starting to see the procedures increase in this wonderful company. Very profitable exceptionally high operating margins generate a lot of cash. It does have afford seventy two and so it's a little bit more on the expensive. Sized stock is now at an all time high so i'm looking to see what they are saying about the surgeries. We need to see that volume. Continue to pick up dan. You know the word. Invasive is not great to hear however the word minimally right in front of invasive makes me feel pretty good. Yeah that's the way you want to go of the to you. Wanna go minimally invasive. Dan which one you put it on your watch lists dan. You know what this is the second time we've had app harvest on the show in recent memory so i think i'm going to go with her sexually because i want to learn more about it at ice. Well that's all we have time for guys that's going to do it for this week's of motley fool money. Thanks for listening. We'll see you next week..
"motley" Discussed on Motley Fool Money
"People on this program may have interests in the stocks. They talk about and the motley fool may have formal recommendations for or against so. Don't buy or sell stocks based solely on. What you here. Welcome back to motley fool. Money run gross here with jason buzzer and andy cross. Okay guys time for some stocks on our radar and bring in our man. Dan boyd for a quick question. Jason moser europe. I what do you got. Yeah just looking at app. Harvest ticker h. p. a. p. p. h. Remember this is the ag tech company focused on building those controlled environment agriculture Centers are smart greenhouses. led by founder jonathan. Just some recent headlines. The company recently joined the russell two thousand index which is encouraging get some additional exposure. There recently broke. Count ground on. Its fourth and fifth indoor farms on track to meet its goal of twelve of those Ha in indoor farms there by twenty twenty five. And that's going to be key. They continue to lockdown financing to fuel the growth which is encouraging lenders or seeing the bigger picture investors are seeing the bigger picture. I like that. Ron you know why like that because not only have. I recommended the stock on this week. I actually bought shares of atp harvest myself. Nice day and you got a question about app harvest. Yeah you know. I brought this up last time. I think we had on the show. What is this name app harvest. What do they do in like this me. It means nothing at harvest. Come on well. I mean i think it's just the merging of technology and agriculture right. It's a play on words so to speak to him but it's agritech it's a thing it really. It really exists. Andy time is short. You're up what are you looking at. I'm looking at intuitive surgical. The maker of robotic surgery systems for minimally invasive surgery one hundred thirteen billion dollar company almost five billion in cash on the on the balance sheet. Dan known first davinci systems really got hit over the last say year or so little bit over the last eighteen months. Twenty four months from the cova has hospitals and surgery centers and doctors basically shut down elective surgery so so davinci helps with things. Like bariatric oncology urology procedures. A so those now. I've started to see some ramp up so we're starting to see the procedures increase in this wonderful company. Very profitable exceptionally high operating margins generate a lot of cash. It does have afford seventy two and so it's a little bit more on the expensive. Sized stock is now at an all time high. So i'm looking to see what they are saying about the surgeries. We need to see that volume. Continue to pick up dan. The word invasive is not great to hear how ever the word minimally right in front of invasive makes me feel pretty good. Yeah that's the way you want to go of the to you. Wanna go minimally invasive. Dan which one you put it on your watch lists dan. You know what this is the second time we've had app harvard on the show in recent memory. So i think. I'm going to go with her sexually because i want to learn more about it at ice. Well that's all we have time for guys that's going to do it for this week's of motley fool money. Thanks for listening. We'll see you next week..
"motley" Discussed on Motley Fool Money
"To motley fool money. Welcome back to motley fool. Money run gross. Sitting in for chris hill on thursday united healthcare reported results that were well above expectations despite lower profits resulting from people seeking medical care that they had delayed during the pandemic jason. The post pandemic impact was bound to happen so putting that aside. How did these results look to you. Well i know that united health can be a bit of a polarizing idea given the ongoing debate regarding healthcare in general but that said this company is just so impressive in its scale and it has such a tremendous advantage in relation to their core business which is essentially providing healthcare policies. Right and so consequently. What we saw was another very strong quarter with revenue up fifteen percent. Seventy one point three billion dollars. For the quarter and optum led the way with revenue. Thirty eight point. Three billion dollars in growth of seventeen point two percent operating earnings up twenty nine percent on the optum side which was really impressive. medical care ratio normalized bag to eighty two point eight percent for the quarter that was compared to seventy point two percent from a year ago. Very admirable given the situation. We're going through all twenty twenty so that was good to see. They did raise full year guidance to a range of eighteen dollars and thirty cents eighty dollars and eighty cents per share so that puts the stock in around twenty two times full estimates today fairly reasonable i think for such a dominant company and its space hearing him talk a lot more about using digital channels and investing a lot into their virtual care offerings seeing extremely high patient satisfaction numbers from at all and they quoted ninety eight percent on the behavioral side right the behavioral marketing ninety eight percent customer satisfaction so. I suspect we will continue to see more. Investments in virtual healthcare coming from this stalwart in healthcare space pepsico reported very strong results earlier in the week and raised full year guidance sending the stock to an all time high andy fastest sales growth in at least a decade. What's driving that growth. Yeah it's really the away from home. Consumption is starting to show signs of life again. Ronn as we all have been stuck behind our computers and at home ordering frito-lay boxes as i do in my family our family does. We're now starting to see the away from home market starting to kick back up so total sales up twenty point five percent that was ahead of forecasts organic sales up almost thirteen percent earnings per share. Were up twenty seven percent backout some of the currency effects better than forecast overall volumes ron up eight percent across all their categories. They held or gains shares across many of the key. Global snacks and beverage marcus. They look at strong performance execution really in the. Us convenience store food service those a again away from home. Markets are starting to show some real excitement here for pepsi. Frito lay withdrawn pepsi. North america strong quaker a little bit soft rahm because again not stock in the pantry like we may have done a year ago when we were in the middle of the of the pandemic so overall you have a company that sells at twenty five times earnings. You almost a three percent dividend yield very profitable steady earnings growth. You're gonna make some money and pepsi. I own at myself. But don't think that's gonna really shoot the lights out over the next five years but if you do okay i wanna pivot a second to coke seemingly not learning from history. Coke is changing the look and taste of one of their most popular. Soft drinks coke zero. I feel like we've been through this before. It seems like pepsi's better at sticking to their guns into their knitting rather than tweaking what works. Jason is a coke fan specifically a diet coke fan. I don't know if you're a soda drinker but if you are coker pepsi gosh well. I drink co. Even though i own perhaps the berkshire but so yes. I get them both. But i'll sell all coca the to. Why does cook keep messing around with what works. It's very popular. It's literally one of their most popular beverages. They can't seem to rest on their laurels. Yeah i guess so. I really like what pepsi's doing with some of their acquisitions rockstar energy. And they bought Sodastream too which is a purpose driven direction. They're trying to go to eliminate plastic you single plastic usage. So i like that direction as well for pepsi yeah innovation rather than tweaking with with what already works make sense to me cormack is looking for a taco zar. That's right mccormick is hiring a director of taco relations to sign a four month contract. Which pays one hundred thousand dollars and jason. I know we're all fans of mccormick here especially eurovan mccormick here. Having recommended several times is this real is a joke. Where where's this going. It seems to be real it to me at the end of the day. This really seems like a very clever investment in marketing. But yeah you got it. I mean a director of taco relations. I mean one of the cooler job. Titles i've seen out there. And ron i'm not gonna lie for split-second i really did actually think about applying for this gig remember. You have a full-time job in some responsibility at home. So i had.
"motley" Discussed on Motley Fool Money
"Down with an ice cold pepsi. You're listening to motley fool money. Welcome back to motley fool. Money run gross. Sitting in for chris hill on thursday united healthcare reported results that were well above expectations despite lower profits resulting from people seeking medical care that they had delayed during the pandemic jason. The post pandemic impact was bound to happen so putting that aside. How did these results look to you. Well i know that united health can be a bit of a polarizing idea given the ongoing debate regarding healthcare in general but that said this company is just so impressive in its scale and it has such a tremendous advantage in relation to their core business which is essentially providing healthcare policies. Right and so consequently. What we saw was another very strong quarter with revenue up fifteen percent. Seventy one point three billion dollars. For the quarter and optum led the way with revenue. Thirty eight point. Three billion dollars in growth of seventeen point two percent operating earnings up twenty nine percent on the optum side which was really impressive. medical care ratio normalized bag to eighty two point eight percent for the quarter that was compared to seventy point two percent from a year ago. Very admirable given the situation. We're going through all twenty twenty so that was good to see. They did raise full year guidance to a range of eighteen thirty cents eighty dollars and eighty cents per share so that puts the stock in around twenty two times full estimates today fairly reasonable i think for such a dominant company and its space hearing him talk a lot more about using digital channels and investing a lot into their virtual care offerings seeing extremely high patient satisfaction numbers from at all and they quoted ninety eight percent on the behavioral side right the behavioral conditioning ninety eight percent customer satisfaction. So i suspect we will continue to see more investments in virtual healthcare coming from this stalwart in healthcare space pepsico reported very strong results earlier in the week and raised full year guidance sending the stock to an all time high andy fastest sales growth in at least a decade. What's driving that growth. Yeah it's really the away from home. Consumption is starting to show signs of life again. Ronn as we all have been stuck behind our computers and at home ordering frito-lay boxes as i do in my family our family does. We're now starting to see the away from home market starting to kick back up so total sales up twenty point five percent that was ahead of forecasts organic sales up almost thirteen percent earnings per share. Were up twenty seven percent backout some of the currency effects better than forecast overall volumes ron up eight percent across all their categories. They held or gains shares across many of the key. Global snacks and beverage marcus. They look at strong performance execution really in the. Us convenience store food service those a again away from home. Markets are starting to show some real excitement here for pepsi. Frito lay withdrawn pepsi. North america strong quaker a little bit soft rahm because again not stock in the pantry like we may have done a year ago when we were in the middle of the of the pandemic so overall you have a company that sells at twenty five times earnings. You almost a three percent dividend yield very profitable steady earnings growth. You're gonna make some money and pepsi. I own it myself. But don't think that's gonna really shoot the lights out over the next five years but if you do okay i wanna pivot a second to coke seemingly not learning from history. Coke is changing the look and taste of one of their most popular. Soft drinks coke zero. I feel like we've been through this before. It seems like pepsi's better at sticking to their guns into their knitting rather than tweaking. what works. Jason is a coke fan specifically a diet coke fan. I don't know if you're a soda drinker but if you are coker pepsi gosh well. I drink co. Even though i own perhaps the berkshire but so yes. I get them both. But i'll sell all coca the to. Why does cook keep messing around with what works. It's very popular. It's literally one of their most popular beverages. They can't seem to rest on their laurels. Yeah i guess so. I really like what pepsi's doing with some of their acquisitions rockstar energy. And they bought Sodastream too which is a purpose driven direction. They're trying to go to eliminate plastic you single plastic usage. So i like that direction as well for pepsi yeah innovation rather than tweaking with with what already works make sense to me cormack is looking for a taco zar. That's right mccormick is hiring a director of taco relations to sign a four month contract. Which pays one hundred thousand dollars and jason. I know we're all fans of mccormick here especially eurovan mccormick here. Having recommended several times is this real is a joke. Where where's this going. It seems to be real it to me at the end of the day. This really seems like a very clever investment in marketing. But yeah you got it. I mean a director of taco relations. I mean one of the cooler job. Titles i've seen out there. And ron i'm not gonna lie for split-second i really did actually think about applying for this gig remember. You have a full-time job in some responsibility at home. So i had.
Factoring Health Care Costs Into Your Retirement Fund
"Are the most important steps in retirement planning is basically determining how much it'll cost however this could be a challenge when the price tag of one of the biggest items in your budget could be anywhere between a hundred and fifty thousand dollars and more than a million dollars lace. That is how much a sixty five year old couple couple retiring in twenty twenty one could spend on their lifetime. Retirement health care expenses according to health few services. The range is so wide because the cost will depend on all kinds of factors such as where you live even your incomes. It's medicare premiums are based on your tax return. You know your current health health status and of course any future ailments that may happen to you and to add. Insult to the cost of injury. That estimate doesn't even include the possible price tag. A term care. Actually it turns out that healthcare is unique among the retirement expenses for three reasons. I it's likely to the expense that will go up the most when you retire unless of course you go out and buy rv or something like that. Bank estimates that on average the cost of medicare premiums are almost triple the amount that employees paid for health insurance coverage when they're working people who retire before medicare eligibility at age sixty five can expect to pay more than six times what they're paying for employer provided coverage secondly most expenses actually stay flat or even declined over the course of retirement. The one big exception is healthcare healthy services estimates. That kurt retiree should expect their costs. Will rise five point nine percent a year every year for the rest of their lives and then third healthcare likely be the most unpredictable expense. You'll have in retirement. The amount you spend on things like you know housing food transportation entertainment. They'll be within somewhat narrow ranges that are at least somewhat within your control out but healthcare costs. They're gonna vary up on all kinds of things like government decisions. The healthcare industrial complex and most importantly whatever maladies afflict. You over the rest of your life.
Backstory: FDA Approval of First Alzheimer's Drug is Mired in Controversy
"Let's move this and talk about treatment for another health challenge. Alzheimer's shares of biogen are up forty percent in the month of june. Because the fda approved biogen's drug to treat alzheimer's this is the first medication aimed at slowing cognitive decline. For people with alzheimer's that regulators have approved and yet it is not without controversy. Three members of the fda advisory panel resigned over the decision. There are a couple of threads to get to here. But i guess my first question is what is going on here is like. Was this a mistake to green. Light this treatment. Well a chris. I call this nearly biotech soap opera. You can even bring in greek mythology here. first of all biogen's drug is like the mythical phoenix it. Literally rose from the ashes. I mean this was a drug that not all that long ago had been relegated to the trash heap seemingly failing late stage clinical studies badgen later came back and did some further analysis and analysis and they said hey you know we. We actually see that. There's a potential here and they they pursued and then ultimately did file for fda approval and ultimately won. But you're right it's extremely extremely controversial. The fda's advisory committee that was convened to review. The data came back and voted ten against recommending approval. One abstention no member of that committee voted in favor of this drug being approved. They thought that another clinical study needed to be conducted to to establish that the drug was actually effective. And so and and not even just that several members of the committee wrote op eds publicly urging the fda not to go ahead and approve. Distract the fda. Did it anyway. And so it's extremely
"motley" Discussed on Motley Fool Money
"They announced that one hundred million dollar fund in order to help build out their app presence ultimately letting users bring favorite apps directly into zoom experience in a way that inspires more collaboration in boosts efficiency. They just closed out their largest deal ever in terms of annualized recurring revenue with a leading global financial services firm that resulted in zoom. Getting ninety over ninety thousand hosts which obviously is a large number and also called out some big customers in kimberly clark target and a company called denso which is probably the most of us. But that's the world's second largest auto parts company so when you look at the numbers sure growth is slowing down but one hundred and one hundred. Ninety one percent revenue growth has nothing to sneer at in they are still calling for ultimately about fifty percent growth overall for the year. And to your point they are keeping a lot of those customers that bring in the ended the quarter with just under two thousand customers generating more than one hundred thousand dollars in trailing twelve months revenue in and again that net dollar expansion rate For customers with more than ten employees that was a over one hundred thirty percent for the twelfth consecutive quarter so again bringing customers in keeping them growing. those relationships is suspected. This is really a still still just the beginning. What is becoming a very very fun story to watch play out. That's it has a new acquisition and twitter has a new way to make money and one of them is definitely more impressive than the other details after the break sister right here. You're listening to motley fool money. Welcome back to motley. Fool money. Chris.
How to Save for Your Retirement
"Every once in a while you may read about or hear about including on this very podcast guidelines. What how much you should have saved for retirement at this point in your life and they're generally expressed as multiple of your household income. But of course is there's just general guidelines right and there are many variables that will determine how much you answer listener needed to be saving to retire. How and when you want so in this. What's up bro or web as we call behind the scenes. I'm going to highlight two of those variables. The age retire and your income. So let's talk about. Perhaps the best known guidelines they came from fidelity you could find them. Just do an online search for a report called. How much do i need to retire. And you'll find them but just so we review them very quickly here. According to fidelity thirty you should have one times your household income already. So if you make fifty thousand dollars you should fifty thousand dollars in your 401k's in iras age. Forty should have three times or household income six times at age fifty eight times at sixty and ten times at age sixty seven so the guidelines that you often read about or hear about from fidelity they assume you're going to retire at age sixty seven however that's higher than the average retirement age these days. These people are still retiring at sixty four sixty five. How much should have saved up before you retire. If you're retiring at age sixty five. According to fidelity it's twelve times your household income because retiring earlier that's too few years of contributing to your accounts and you're claiming social security earlier which results in a smaller benefit. That's a pretty big difference right. Eight retired a sixty five and he twelve times household income. But if you just wait two more years you only need ten times your household income. That shows the power of delaying retirement. Just a couple more years.
Streaming Services Are Booming Right Now
"Topic is one of my favorites streaming video. If you remember back in february i mentioned how streaming had grown during our stay at home. Twenty twenty with many homes pain for perhaps five or more services up from three before the pandemic while there's no slowdown in sight. That's according to motley fool. Contributor adam levy in a column you can find on tech dot. Usa today com. He reports that analysts had global financial firm. Ubs expect that americans will add fifty million net new video subscriptions this year. That's up from forty seven million increase in twenty twenty. You expect newer service to see. The most growth among those are disney plus and paramount plus which are expected to add eight million subscribers. Each each max. Discovery plus expected to add seven million subscribers.
How Is the First Quarter Looking for Investors?
"What else in. The first quarter just ended guests. We're already twenty five percent. Third twenty twenty one and i thought we take a look and see how this year is shaping up for investors and so far. It's a pretty good one well depending on what you're investing so the quarter ended on march thirty first as it always does for the first quarter so all the numbers. I'm going to provide our as of that date things along. Donald look a little different by the time he listen to this but i think the general themes will likely remain more of those teams. Is that all of the major indexes are near at all time highs just awfully nice but still some types of stocks are doing better than others so the s p five hundred is up six point five percent for the year and considering that it's historical average is about ten percent over the course of a whole year turning almost seven percent for the first three months is pretty darn good now. The nasdaq which has outperformed the s. and p. five hundred every calendar year since two thousand and sixteen is not doing quite as well in fact. The nasdaq was actually up. Just one point three percent for the year. As of march thirtieth but then surged on the last day of march one and a half percent bringing its first quarter performance to almost three percent or so As we know as very tech heavy and the technology sector was the second worst performing sector in the first quarter returning two point four percent edging out the one point eight percent from consumer staples the winners so far in twenty twenty one have been industrials. Half percent financials up sixty percent and the biggest energy up almost thirty one percent this year so many of these stocks in these sectors. That are doing well so far. In the year where beaten down in our rebounding which of course is classic value investing and indeed value stocks are up more than eleven percent so far this year but the biggest winners are the smallest stocks. The snp six hundred small cap index is up eighteen point. Four percent and the russell micro cap index is up twenty six percent so far this year international stocks have lagged the s&p five hundred so far in two thousand twenty one returning around four and a half percent but they closed out two thousand twenty pretty strong so when you look back at the last trailing twelve months or so. Us stocks and international stocks are about neck and neck which is looking better for international stocks. Because they've been lagging stocks for a long time. I'm kind of reluctant to mention this. But i i suppose i have to in that as bitcoin is up one hundred percent so far this year. I don't expect to give any updates on bitcoin too much in the future but who knows. I mean you can't really not bring it up if you're going to talk about twenty twenty one
Gun used in Boulder shooting was bought legally
"I'm Western Ed Donahue art with an AP dating News from MINUTE the 19 BOULDER, forties. Colorado It's Police a reminder chief Maris of one Harold of the biggest says unsolved there is a lot art to crimes learn of yet all time. about the shooting The 1934 deaths of 10 people theft. at the King The Jon Soopers Benet like whose work like Grace the rest of is the community. the world's greatest We too want museums. to know why. The original is Why still that being King hunted Soopers? not only by Why police Boulder? but by motley Why crew Monday? of amateur sleuths Unfortunately, ranging from at a this former time, police we still commissioner don't have those to answers. a Children's The owner book of a author gun store like near Denver the painting says itself, he sold a with gun its to intricate the suspect detail. before The crime the shooting story after is hard passing to a background resist. check, I'm Charles, John The Mark Lord is Eagles my Major League and Baseball, owner of Eagle's says just Nest two Armory players said in and a statement. two staff Historians members. Tested
Where's the value in NFTs
"You first saw the acronym ft show up in your tweets you got as far as not at four. And then you realize you're quickly going down the wrong path and trying to decipher it. Nfc stanford non fungible tokens now from there. If you're like me you thought it had to do with mushrooms. Maybe mario brothers. I don't know so then you read a paragraph of an article got bored or confused and moved on with the knowledge that all of your assumptions were wrong. But then you didn't actually replace it with any real knowledge okay. And so that was fine until you started seeing f. T. everywhere and you realize that maybe you should learn what it means and also you have a podcast taping coming up so here we are. And it's not that ludicrous bro. Stay with me all right. Mitchell mitchell clarke wrote a delightful article on the verge explaining t so i'm largely relying on that also wired new york times and a few other places. Let's go all right. Non fungible tokens are essentially a way that you can claim ownership of a digital thing. So think music art tweets yes. These are all reproducible. But so is a postcard of the mona lisa. So non fungible tokens exists on a blockchain at this point. Mostly a theory but others are getting on board and there are online marketplaces like open sea bull and fifty gateway where you can buy and sell the official ownership of the digital thing again. We're talking music video. Art animated gifts for artists provides a new way to sell your work and you can also set it up. So that you get a little kickback. Every time the nfc changes hands with a new owner. Lots nice so right now. You're like bro. Why would someone pay millions of dollars for an animated gif when you can just download it for free again. Why would someone bhai a monet painting for millions when you can get it on a mug from the gift shop for fifteen dollars so it all comes down to the basic tautology that some things have value just because someone decides it has value now for some people the value might be bragging rights to that end. You get to buy an nf t fred digital drawing of a cat because you are looking for a new way to show people. You are wealthy for others. Value might be about your phantom or support of an artist or musician. Kings of leon grimes dead mouse and many others have released. And fte's for music and art and for others. The value might be purely speculative. You're buying the nf t for digital drawing up a cat because you think it will rise in value as many other people agree. They want that authentic digital drawing a cat. And you're like seriously digital yes. Ten years ago. A guy named chris torres created the animated. Meam niane cat. You know it as the flying cat with a pop tart for a body and it's leaving a rainbow trail behind as soon as you google. It you're going to be like. Oh cat i totally know what you're talking about. So in february torres created an nf t version and put it up for auction and it sold for nearly six hundred thousand dollars following a last minute bidding frenzy other f- tease out there. William shatner is dental x ray digital baseball cards photos of lindsay lohan. And the first tweet. By jack dorsey just sold for two point. Nine million. don't feel too bad because the proceeds argos support a charity. So there's that and if t. Are definitely booming right now with probably more speculators than collectors and fans driving up prices but experts looking beyond the boom. See a great opportunity for a new way to guarantee authenticity. So for example nike already has a patent to create. Nfc's attached to shoes to guarantee their authenticity. Called crypto. kicks so when you consider that. A pair of air jordan twelve flu games are worth more than one hundred thousand dollars. Yeah i think. I want an fte with that purchase. Please and maybe you're still skeptical like a bunch of people in the comments of the articles. I read but seriously. How is this all that new and different. It's not like people buy sneakers art or baseball cards for the value of the materials themselves. They buy them for the aesthetics. The design the rarity as the new york times quoted. Marc andreessen. ben. Horowitz a two hundred dollar pair of sneakers is like five dollars in plastic. You're buying a feeling and right now the feeling that. Fte's is similar to one a stamp collector or baseball card collector or art collector or fashion. Or even a speculator might feel. It's that feeling that you are special because you own something someone else wants.
The COVID Effect is a Boon for Kids Online Gaming
"If you had to guess one company that saw revenues absolutely skyrocket in twenty twenty. What would you say you might think. I don't know what zoom maybe peril others another brand benefiting from a rough twenty twenty. It's roadblocks and online game that counts middle schoolers as its biggest fans. Don't ask me how. I know if you have a preteen noah preteen or are a preteen. Chances are you've heard of blocks. He lets users around one hundred fifty million a month build and play video games without needing to know how to write code. It's free to join. The company makes money through the sale of in-app purchases using its own virtual currency users can buy costumes for their virtual characters or jump up a level or two game and when i say roadblocks makes money i do mean a lot of money. Roablock says revenue jumped seventy percent between september twenty nineteen and september twenty twenty two more than six hundred million dollars. The motley fool reported that the games daily users number over thirty million people. Those figures have investors drooling and last week. They got a chance to buy into roadblocks wild success when the company went public the platforms value soared sixty percent to forty seven billion dollars after its first day of trading so who would have thought an online kids game would be exploding in popularity right about now. Well anyone who has a middle schooler at home. If kids seem extra attached to their tech devices at the moment. they're not alone. The amount of time kids spent on screens doubled in the first half of twenty twenty. As compared to the same period the prior year so reports the new york times custodio which tracks device usage kids ages four through fifteen called the cova effect socially isolated kids largely stuck at home made for quite the captive audience and that meant more money for games like roadblocks one reddit users summed it up nicely. Kids who distance learning always have tabs open and roadblocks the user wrote quote and nowhere. Mommy leaves her purse unquote. But roadblocks isn't the only game out there benefiting from all those open internet tabs minecraft has been making microsoft quite proud parent company as of late the game which bills itself as an open ended online video game saw twenty five percent increase in new players in the early months of the pandemic. Unlike roadblocks minecraft users pay up front for access to the game that netted them over four hundred million in revenue last year. Nowhere near roadblocks is twenty twenty revenue but both companies have turned quite the prophet in a year that decimated several industries but the so-called cove effect is only expected to last as long as well. Cova does right best of secret. Even roadblocks said so in its s one filing they wrote quote. We do not expect these activity levels to be sustained and in future periods we expect growth rates for our revenue to decline unquote whether or not usage rates. Actually plummet is more kids. Go back to school. Long-abandoned screen time rules claw their way back into homes that does remain to be seen but one thing is clear. The roadblocks rage has taught us to never underestimate the power of a kid with access to a technological device and knowing where to find a credit card is helpful to come on. Don't just blame the ipad
Alexander Mikaberidze takes us through the history of the Napoleonic era
"Let's start by setting up the hoof the two main characters that we see throughout the movie are gabrielle. Farrow and our montebourg who are both lieutenants in napoleon's army. Were they real people. Kind of the story of you're a ridley scott chose direct a screenplay drafted from ninety seven availa from the famous author joseph conrad but away the noble a was published as dual in britain. But it was kind of the point. Honorary night it stays and you can still find the first edition of in used. Bookstores and condo story was supposedly inspired by this real duels olga. He clearly to liberties facts and the story was about the duel between two officers of napoleonic army. The historical individuals of peer won't The town and francois leotard lavazza. Who became ill baer and finkel in the movie and both of them are very collar for the interesting individuals. Do point was born in chaban as in shock and in western france in seventeen sixty five like many of his generation. He first saw action I military action. During the french revolutionary. Wars in fact he fought that battle. Volney really important. Battled all of the then. He served in the rhineland and by seventeen ninety seven. He's already a general so he would have been all league thirty two years old and a general widely respected for his Martial abilities He supported napoleon in seventeen ninety nine when that general sees power to our and then he couponing pollyanna campaigns. All is distinguishing himself. I mean he. This guy was quite successful in quite capable. Man fought at morongo for that Allback where he he did. Do really remarkable defense with barely five thousand man. He was able to stop and australia. That was five times larger and then he earned accolades for he's exported. Ooh macron's rheinland in the sauna zone and with such a stellar record. He had much to expect from the future of maybe even marshal's baton right as new polian savings says every soldier right in. My army carries marshals. Donen in these anyone could carry. It probably will Dupont was one of them but it all changing in eighteen eight. Napoleon sent dupont you. Spain with motley crue of a of the provisional battalions new new recruits swiss troops. That wayne pressed into service. No one over. Dick league cited fighting and he's tasked was to secure the southern region of of spain and initial successes. He found himself surrounded by the largest army and in the remarkable decision affected. He's entire life. Dupont decided to surrender with some eighteen thousand men at violin in the news of this french. Defeat him in the worse than they surrender right but shock europe. Napoleon is range. Dupont is sent to court martial deprived of his rank and his title kashir and then sent to a military installation into to be imprisoned there for the rest of the only any wars
Door Dash Shares Fall 16 % After Release of Company's First Earnings Report
"Shares of jordache falling sixteen percent on friday after the company's first earnings report as a public company revenue was higher than expected but door dash lost hundreds of millions of dollars. Ron shouldn't a business like this. Be doing well at a time when food delivery is higher than normal. They're doing well but it's an expensive business to run and just haven't reached the level yet that they expect to see that that that path to profitability that relatively early stage companies like to talk about a little context. The ipo in december was priced at one. O two went up around percents the first day if you recall for somewhere in the high one fifty s today as you said first quarterly report as a public company. It was mixed results solid guidance with soft revenue up two hundred and twenty percent total orders of two hundred and thirty percent obviously covert. Is the main driver. There reported a loss of as you said of several hundred million. Three hundred. Twelve million dollars for the corridor That was bigger than last year's loss of one hundred and thirty four million so increased expenses lower profitability there. They did have adjusted ebitda. That was positive so cash flow was positive at ninety. Four million so that. That's one bright spot. The guidance expects fewer customer orders reduced or frequency smaller average orders in the back half of the year as the vaccine rolls out allows people to get back to restaurants again. I don't think we should be surprised about that. There was some artificial growth here built in because we were all stuck at home. It doesn't mean the door. Jordache isn't relevant and doesn't have a business model that will make sense in the future but it's going to go back to a more normal business. Looks like for them
Cerence Announces Record First Quarter 2021 Results
"Gonna start today with severance the automotive. Ai developer came out with record results in the first quarter and yet shares of severance down. eight percent. today is this evaluation thing. Is this people in the market. Saying look it's up. Four hundred percent of the past year where we're taking some profits. I think that's a reasonable. That's a reasonable assumption. There are some things in the call that could lead you to believe maybe the near term there might be some challenges. But yeah i mean there's no doubt it is a it's a business it's not profitable yet and and so that is one of those things. That's the biggest risk to to a stock like this today is is typically going to be valuation given how far it's run in such a short time if you just been a tremendous perform for us in our services and it's really turning into a fun little company to follow the valley. It shows the value. I think that spinoffs can offer. Because if you remember. Sarah is it used to be a part of nuance communications and spun off from nuance to to become. Its own own little company but but really servants for folks who don't know. What does i mean. This is a company that focuses on conversational envision. Art official intelligence based products for the automobile. And so it's essentially getting in your car in being able to operate things primarily with your voice but they also have audio or visual components. They're they're working with a partnerships to develop a augmented reality windshields so all sorts of things they're developing as the car becomes next frontier and i. It's the neat thing about this business. I is when you when you actually go through. What they do in the primary focus today is on the automobile but they also they also like to tout the market expansion potential and adjacent markets including get this. Chris cruise ships two wheel vehicles and elevators so so modes of transportation of all sorts. I mean they're really looking to get into all sorts of different modes of transportation. It really the car is the primary frontier for this this business but to your point it was a great quarter. Revenue grew by twenty three percent. They had called incidentally for ten to sixteen percent previously so they said they really surpassed guidance there so ninety five million dollars for the quarter versus versus a year ago setting a new quarterly record. They've continued growth in billings per car and interestingly too they won back a major european. Oem deal for the quarter so so generating some new infotainment designs of for a major european and that production will start in two thousand twenty three. So there's a lot of cool stuff on the horizon. I mentioned there. Were some signs that maybe some near-term challenges in primarily that was noted in a supply chain constraints. Semiconductors in i i think management is being pretty upfront with that. We've seen that mentioned before and other calls. The company are referred to on motley. Fool money this past week synthetics they noted the same thing that there are just some supply chain constraints in the semicon semiconductor industry. Right now that are that are putting some businesses in a little bit of a pinch. That's a near term thing. That's not a business specific specific things so so for me. I look at what this business is doing the regardless of the selling off today. I think they really still are. They're delivering what they say they're going to deliver in. And i'm really encouraged.
A New Study Says Money Really Can Buy Happiness? Not Exactly, Says the Author
"So alison what's up. Well bro as the old adage goes. Money can't buy happiness. I mean just look. At the twenty. Ten princeton study by economist angus deaton and psychologist daniel. Carlson they found that happiness goes up. The more you make put it plateaus once you get to about seventy five thousand in income doesn't matter how much you're gonna make after that. Your happiness just really doesn't improve that much the red pepper takeaways from this. Dare i say landmark. Study one being that once you have the basic necessities in life more doesn't make you much happier and the other takeaway being that the wealthier you are the more you compare yourself to the joneses and are ultimately left jealous and wanting to keep up. I mean look at richard corey. He owned one half of this whole town but was he happy. No now don't you feel better. So enjoy working in his factory but then warns matthew killingsworth had to come along with his study justice last month and restore that feeling of glueck schmierer's the germans have a word for feeling bad about the good fortune of others. Killingsworth collected one point seven million data points from more than thirty three thousand participants who provided in the moment snapshots of their feelings during daily life. So essentially it was an app it would ping them throughout the day and ask them. How are you feeling right now. And this measured what's called experienced wellness. He also asked people generally how happy they thought they were their overall happiness and apparently that's called evaluative being anyway. So what did he find. Did he confirm that. Once you look at people with income over seventy five thousand dollars happiness plateaus and you just don't get that same happy bang for your buck. No matter how much money you make well as it turns out you continue to get happier as your income rises and the study didn't find any sort of plateau and happiness after a certain level of income neither in evaluated or experienced wellbeing. Why is this well. The researcher believes that higher earners are happier in part because of an increased sense of control over their life to quote him. He says when you have more money you have more choices about how to live your life. You can likely see this. In the pandemic people living paycheck to paycheck who lose their job. Might need to take the first available job to stay afloat. Even if it's one they dislike able with a financial cushion can wait for one. That's a better fit across decisions. Big and small having more money gives a person more choices and a greater sense of autonomy and quote. So what's the lesson. go out there and make as much money as you can. Because your happiness will just keep skyrocketing actually no because the study also found that people who equate having money to success are actually kinda miserable. They often work long hours and are stressed out about their time. Whoops there goes your sense of autonomy ultimately the takeaway from the study is that money is just one factor happiness and while having money certainly beats not having money. It's ultimately about the sense of control power and autonomy that money affords you and a bunch of other factors too. I mean i'll bet. Richard cory didn't get a lot of hugs growing up so bro. Go hug
NAACP LDF Announces Marshall-Motley Scholars Program
"Of peril but also a time of tremendous possibilities. The head of the end of the Legal Defense and educational Fund says the organization wants a new generation of civil rights lawyers in the South. Now it has a $40 million gift from an anonymous donor to put them through law school. Here's NPR's Carrie Johnson. LDF president, Caroline Eiffel says the scholarships will focus on the place where most of the LDS cases originate. The South is a critical region in this country for civil rights activism. It is still the region where a majority of black people live. The program is named after two LDF alumni late Supreme Court Justice Thurgood Marshall and Constance Baker Motley, the first black woman to be a federal Judge. The scholarships will cover tuition, room and board and other training. In return, applicants agree to spend at least eight years working on civil rights cases in the South. Eiffel says they're likely to handle voting rights disparities and housing and education and other cases. Carrie Johnson NPR NEWS Washington This