David Gardner: Every ten or so Rule Breaker Investing podcasts, we do it, we pick stocks.
I call them five-stock samplers because, like that little cheese cracker they offer you
at Whole Foods, you get it for free. We're hoping you like it, recognize qualit,
and decide you want more. The good news is that the performance of my
five-stock samplers has historically been excellent examples and demonstrations of why
Rule Breaker Investing works; why we hope, if you're not already a Motley Fool member,
you'll join a service like Motley Fool Stock Advisor
or Motley Fool Rule Breakers.
make wonderful holiday gifts. The performance of my samplers is good news. Here's the better
news: it's ten podcasts after our last one. Yep, that means that this week on Rule Breaker Investing,
it's my next five-stock sampler. Let's go.
Welcome back to Rule Breaker Investing. I'm David Gardner. So glad you're joining me here
in mid-November. It's been a pretty weak stock market, you may have noticed, in the last
few weeks, I'm even going to say months. n fact, I was double-checking my own math,
my portfolio peaked somewhere in mid-summer. It was mid-July. I'm literally down 20%,
a full 20% shave right off the top here by mid-November. Of course,
it's always sad on the one hand,
because you don't like to lose money. You certainly don't like to lose 20% of what you
had in just a few months. That never feels good. On the other hand, this has happened
many times before. It'll happen many times in the future. Some days it's sunny, and some
days it's rainy, and nobody expects every day to be sunny. It wouldn't even be that
fun a world. You couldn't enjoy the sun, I don't think, if it never rained.
This has put me in a buyer's state of mind, even more so than usual. So, as I thought,
"What should we do for this five-stock sampler?" I decided I'd look for a few things. In fact,
I have four attributes that make up each of the five stocks I'll be sharing with you this week.
The first is that every one of these five
companies is a big-time winner for me and/or for us at The Motley Fool. Specifically, every
one of them is from the Motley Fool Rule Breakers service. And every one of them has done really well.
I'll have occasion to mention how well they've done as I introduce them. That's No. 1.
Because one of my phrases, one of my watch-words of 2018 -- if you've been a listener of this podcast,
you've heard me say it. I'm going to say it again. Winners win. I like to look
among my winners during downtrodden times, because often, those are some of our best
ideas as the market inevitably comes back in time. So, attribute No. 1: big-time winners,
generally over at least a year; really, over the only term that counts, the long-term
Longer-term, big-time winners. The second attribute is that every one of these companies
made a September high. Here we are in November, two months later. Every one of them looked
great just two months ago. The third attribute, and the important one,
probably the one that really brings this podcast together, is that every one of these is down
at least 20% since that September high. Putting these three attributes together,
every one of these are big-time winners that made highs two months ago and are down at least 20% from there.
I feel like we've stocked the pond that we're fishing in. And we'll see as we
review this one, two, and three years from now, whether we were right about this group of
five companies. Because I like to be a little silly on this podcast, too --
and this is just a sampler, after all, we're having fun -- I have a fourth
attribute which is not dissimilar from what I did ten weeks ago when I did my most recent
five-stock sampler. Rule Breaker Investing podcast fans will remember that our last one
ten weeks ago was "Mm, mm, good!" It was five companies, all of which started with the letter M,
that I like over the next three-plus years. Well, I was kind of in a similar frame of mind.
Maybe we can work this. Maybe my producer, Rick Engdahl, who very frequently selects
the titles of each of these podcasts, can pun with me here. It hasn't all come together
for broadcast time, but every one of these companies starts with the letter T.
So, there might be a teasing pun we can play off here. Just teasing, not quite sure. I'm not teasing at all.
I'm very serious about these companies. I love these companies. But I'm definitely
having fun, as I always do in this podcast, and with every five-stock sampler especially,
I intentionally just looked at the letter T.
I think one of the things I'm trying to convey by selecting just stocks that start with M
or T is that I could have selected another letter. That's a big point. There are lots
of great companies out there, lots of winners, lots of reasons for you and me to be direct
buyers of stocks, not just mailing it in with the index fund and, in my experience, getting
a much lower return over the long-term by doing so; but instead, leaning in, thinking
about what's great, becoming a part-owner of those companies. Whether you go A, B, C,
right down to Z, I'm pretty sure I can find five companies that are worth your time and thought,
in terms of becoming a part-owner -- in many cases with me, because I own a
lot of these companies myself -- for the long-term, the only term that counts.
To summarize: big-time winners, September highs, down at least 20%, every one of these
starts with the letter T. One of my great moments in my high school career was senior year,
I got the lead in the musical. We were doing The Music Man, so I got to be
Professor Harold Hill at St. Mark's School in Southborough, Massachusetts. One of the
great lines that many of you will know, I hope, is, "With a capital T, and that rhymes with P, and that
stands for pool." Every one of these, to me, starts with a capital T. That rhymes with P,
and that stands for Fool -- when you spell it with a PH. You might have trouble, my friend.
Anyway. Without further ado, let's get it started.
We're going to go alphabetical by company name. The first one up is 2U, ticker TWOU.
Arguably, because this company name literally starts with the number two and the full name
of the company is just 2U, you could argue this is not a T stock. But it is a T stock.
It is 2U. Let's briefly review where it's been. This stock made a high of $90 a share
on September 4th. Today, it's around $53 as we tape this podcast on the afternoon of Tuesday,
November 13th. $90 to $53 in a couple of months. Yep, that's down 41%. In fact, of all five
of my near-term losers here that we're going over this week, this has been the worst,
down more than 40%. Now, why has it been a big-time winner?
I first picked it two years ago, in July of 2016. It's up over 50% since then.
Then, three months later, I decided I really liked this company. I like to add to my winners,
so I recommend it again for Rule Breakers. That one's also up over 50%. I'll take that two-year
return for any company almost any day of the week. It's a double wreck and a double winner.
For each of these, maybe I'll just mention two things that I like about the stock and
that I think about when I think about the company. The first thing I want to mention
about 2U is, this company is built on a big idea: that it could bring distance learning
into some of our best universities, most often at the graduate level, but undergraduate courses, too.
2U partners, usually with ten-year agreements, with some of the better-known universities in the world;
universities like UCal Berkeley, or Georgetown University here in Washington, D.C.,
or my alma mater, the University of North Carolina Chapel Hill, the business school.
These are the kinds of companies that 2U partners with.
They're bringing students that these universities would never otherwise have had through the internet,
they're bringing them distance learning, and they're splitting the tuition that these
universities are getting paid that they would never have had otherwise. It's a true win-win.
There are at least three winners in there. A fourth one has been shareholders,
because people who have owned 2U are pretty happy with their shares. As I say, the No.1 thing
I like about it is: it's a big idea, but the market cap is only $3 billion. This is a company
that has excellent existing relationships, continues to add more learning to its platform,
and yet it's capitalized at just $3 billion. That feels like a small-cap company with at
least a mid-cap idea and execution. That's thing No. 1 like about it.
Thing No. 2: 2U has been the victim of a short attack this year. You may know about short attacks.
If you're a Rule Breaker investor of any real vintage, you've probably come
across this before. Somebody will decide that this stock is overpriced, or something's horribly
wrong with the company. And often, this person will put a 20-page screed on the internet
about all the dirty linen and dirty dishes that the company that's being short attacked
ever could have been connected to. And they'll say the stock's overpriced. These days,
because there's a lot of viral passing around on the internet, people will hear about it, and often,
these stocks will decline. It's usually pretty short-term. They're called short attacks because
you can see it coming. Once it starts, you can see it playing out in the weeks ahead.
Usually, the stocks drop. But then, because we just keep holding our companies,
if the company is doing a good thing in the world and doing well, in my experience, it comes back,
so the short attack creates temporary downdrafts in some really excellent companies.
Other examples from our Rule Breakers service in recent years: Shopify was absolutely short
attacked for a while there. Ubiquiti Networks, another excellent company. I think Take-Two Interactive
got nailed at one point. Definitely Green Mountain when it was Keurig. It used
to be a Rule Breaker. It had a short attack, too. Tesla has been short attacked a number of times.
This is pattern recognition that we've gotten used to at Motley Fool Rule Breakers,
so when I see it happen to a good company, I think, "That's too bad for the near-term
share price, but it does create an excellent discount for the rest of us who are going
to be around for the long-term and believe in the company." That's thing No. 2 I like about 2U.
And that's stock No. 1. Let's go to stock No. 2.
Stock No. 2, I just mentioned it. I do think Take-Two Interactive had a short attack at
some point a few years ago. You could check my math. The ticker symbol for Take-Two Interactive
is TTWO. This could sound a little confusing. We had 2U, then we had Take-Two.
Take-Two Interactive, though, is a completely different company from 2U. Take-Two Interactive is one
of the best video game companies our time. The Houser brothers behind Rockstar Games
of Grand Theft Auto fame. Red Dead Redemption 2, which is an outstanding video game,
one of the greatest, in my experience, of all time up to this point, just came out this fall.
That comes from Take-Two Interactive. Where has the stock been recently? It hit
a high of $138 a share on the final day of September, 9-28. It went from $138 to where
it is today, $108. That's a decline of 22% for a company that really literally did release
one of the best products in its industry of all time. I love this company. I first recommended it
in September of 2007 at $17. Then I added another recommendation three months later.
It was at $19 at that point. It's gone from $17 to $19 to where it is today, as I mentioned,
around $108. So, yep, it's been a big-time winner for Motley Fool Rule Breakers, a six-bagger
twice over. I should also mention on a side note that
I also re-recommended it in November of 2015, three years ago this month. A lot of people
at the time were probably thinking, "Well, hold on, now. You already recommend this stock
eight years before. It's already more than doubled. Why would you re-recommend it again?"
Well, from that $35.62 cents, I'm happy to say it's tripled in just those three years.
I'll say a little bit more about this company in a second. This is a reminder, as a fellow
stock market investor, you and me, that since winners win, we should be looking to add
to our winners. I'm never afraid to take a stock, buy it at one price, watch it go up some and
then buy it again, and watch it go up a lot more, and years later, buy it again. Take-Two Interactive,
and how we've treated it at Motley Fool Rule Breakers, is a great example.
What are two things that I like about Take-Two Interactive? Well, the first one is, if you've
listened to this podcast for a while, you know that I love games. I certainly love video
games in addition to all my tabletop, board, and card games. Red Dead Redemption 2 is something
that I really love. I've already spent hours just in the last few weeks playing the game.
I love it. I highly recommend it. It's a Western. It takes you back to the end of the Old West,
just as we're transitioning into the 20th century. You're going to be playing a principal
cowboy in a gang that's a bunch of ne'er do wells, but they're trying to come to grips
with the world changing around them. It's a cinematic video game. It's beautiful,
especially on my Xbox One X. It's stunning in 4k. But also, I want to play up the writing of it.
It's written like some of the best movie scripts or some of the best exchanges you've ever
seen on the big screen. You're going to see that kind of level of quality, because that's
how Rockstar does it in this video game. I highly recommend the game. It's a great reason
to like the stock. Now, the company's much bigger than any single product,
so let's not get carried away. Red Dead will definitely pump up the numbers,
I predict, in the next earnings report. But this is not a one-trick pony -- talking about
horses out west. This is a company that has a lot of different excellent products.
The second thing that I like about this is that I think there's a chance that Take-Two Interactive
could end up being bought out in the future. I'm not invested for that reason.
I might have thought that in 2007 when I first recommended it. Here we are, 11 years later,
the company remains independent. I love it when my companies remain independent. I still wish Marvel,
one of my favorite stock picks of one generation ago, hadn't been bought by Disney. I can only
imagine how well we would have done as Marvel shareholders. But you do get paid a premium
when another bigger fish comes along and eats your smaller fish. That seems like it's implicit
in a stock like this. It could certainly happen, although I would be rooting against it.
There's stock No. 2, Take-Two Interactive, TTWO. Stock No. 3, continuing down the alphabetical
list. Stock No. 3 is Teladoc, ticker TDOC. This is a company, a Rule Breaker, that made
a high, like Take-Two Interactive, on the final day of September. Teladoc touched $86 that day.
Here we are less than a month and a half later, it's gone from $86 to $59.
It's down 31%. And yet, the company is the same company, for the most part, that it was
a month and a half ago. The market has turned down, but not this company's fortunes.
Why is this one of our bigger winners? It's a more recent pick for us in Motley Fool Rule Breakers.
In fact, I picked it one year ago this month for the first time, November 2017.
It's up 84% over the last 12 months, versus the market up 9%. That's why it's one of our
big-time winners. And yet, it's still in its first year as a Rule Breaker stock.
Really happy to see that it's still up 84%, despite having dropped 31% in just the last six weeks.
You can see, it was already much higher. And indeed, I think, in time, it will be
much higher again, which is why I'm including it on this five-stock sampler.
What are two things that I like about Teladoc? First of all, if you get to know the business
-- feel free to click around Motley Fool Rule Breakers, our service, if you're a member.
Or, you can google Teladoc, and look over their services. Basically, it's what it sounds like.
This is a business where you can use a telephone to contact a care professional
and get help. It turns out, you don't always have to go to your doctor's office,
or even the MinuteClinic at the CVS. Sometimes, those aren't adequate for the kind of conversation
that you'd like to have. Well, increasingly, Teladoc is getting its service in HR and benefits
packages for good companies nationwide. You might be working at a company where you have
Teladoc as a benefit. You could dial up a phone number and have a conversation about
your health with somebody who is knowing and professional.
This is, to me, an obvious business. This is a good example of something that
could have always existed. Why not? Luggage wheels. Wheels on luggage. That really could have
always been with us, all 20th century long, but for some strange reason, it took a long
time to show up. In this case, I think it's a little harder to get regulatory clearance
and really scale a business like Teladoc. It probably had to wait until more recently
with the internet showing up and improving our lives. I think that's a great reason for
Teladoc's timing, but the company has clearly hit the ground running, both as a public company,
but for years before that as a startup. To me, it's one of those great stocks, don't-make-you-think stocks.
That's an essay I once wrote. You can read it. I think you can google
"great stocks don't make you think David Gardner" and you can read my short essay. Often, in my experience,
if you step away from the stock market and the near-term Sturm und Drang
of "the market's up" and "the market's down" and this kind of coverage of the markets,
you just think, "The time that I'm living in, what are the really obvious, big things
that matter?" Then you step away and say, "I'm just going to buy those stocks."
Great stocks shouldn't make you think. Great stocks shouldn't make you think should
make you think too hard. I think often, great elevator pitches, a solid 60-second pitch,
should be all takes to tell you about Amazon or Netflix back in the day. To me, Teladoc
is one of those "great stocks don't make you think" stocks. That's one thing I like about it.
The second thing I like about Teladoc is true
of all these -- how about the decline? It's down from $86 to $59 in the matter of just
some weeks. We're never looking backward at The Motley Fool or on this podcast.
We're looking ahead. And I see sunshine in the future for this company and for you as a potential investor.
That's the reason I'm making Teladoc stock No. 3.
We're just about to get to stocks No. 4 and No. 5. Before we get there, I want to mention
something that I shared with you some weeks ago. It's six ways that Rule Breaker investors act.
It's the six hows of being a Rule Breaker investor. I did an entire podcast on this,
so by no means am I going to go deep into these. I'm going to put them right back out
there in numerical order, from one to six, to remind you that if you're a new investor,
if you're new to this podcast, hearing about these exciting stocks this week,
there's certain ways I think you should behave so that you make the best use of this advice.
Because after all, it's one thing for me to find a winning stock, and I sure hope I am this week.
It's an entirely different thing for somebody to invest in it in a winning way.
How many people have come up to me at a book signing or after a talk and said, "I bought that company,
but unfortunately, I sold Apple. It doubled for me years ago, and I sold it right then,
and I would have made so much money had I not done that." It's one thing to give good
advice about which company to buy. It's an entirely different thing to make sure that
you and I are behaving in a way I would call proper. Even for Rule Breakers, people who
break the rules, there are proper ways to break the rules as investors.
Here are the six really fast. Rule No. 1: let your winners run high. No. 2: add up,
don't double down. I've already given good examples of me doing that with the Rule Breaker
service with some of the companies we've talked about this week, where we're adding up.
I should mention, this is a podcast where I'm looking at stocks that have tripped up,
that have done poorly, but I don't view this as doubling down on them. In fact, I'm specifically
picking stocks that are already well up for us as investors, and just noticing that
the market has treated these kinds of companies very poorly, dunking on them 30% or so of
their value in just a matter of weeks. I think it's a good place to be looking, but these
are already winning companies, winning stocks for me. That's why I'm featuring them.
I'm not featuring stocks that are losers for me. I've got a bunch of those, too. I don't like
to add to those, typically. Trait No. 3, for you as a Rule Breaker investor,
is to invest for at least three years. The word invest is a powerful one. I'm not going
to go through the Latin derivation of it right now, but I did that on that previous podcast.
It's about putting on the clothes like you're a sports fan. You wear the jersey of the team games.
That's the way we think you should treat your stocks. You should definitely be
a fan of that company for at least three years, not jumping in and jumping out.
No. 4: remember the four tenets of conscious capitalism, something I've talked about elsewhere
on this podcast. No. 5: max 5% initial allocation. That means, if you're starting out as a new investor,
let's just say you have $5,000 to start with. I don't think you should put more
than $250 in any single stock. After all, if you have $5,000, then 10% of that
would be $500. And I'm saying you should have no more than 5% of your money in any one stock.
I really like the idea, with $5,000, and low commissions, or maybe Robinhood, free trading.
I think you should buy 20 stocks and have 5% of your money in each of those.
Perhaps I've helped you today with my five-stock sampler, but you have more work to do than just that.
The opposite of that 5% allocation is a huge mistake many people made, where they put everything
or too much into just one, two, or three stocks. That's not a way to succeed in investing.
It might feel good for a month or a year with one good stock. But that's not a plan.
That's not being committed to the markets for your whole life, which is what we're all about
at The Motley Fool. That's No. 5: max 5% initial allocation.
I should mention that when winners win, you might go over that 5% allocation. I'm fine
with that. After all, what was rule No. 1? Let your winners run high. We're fine with
higher than 5% allocations, but only when stocks get you there by winning out there
in the business world and on the public markets. Finally, attribute No. 6: aim for 60% accuracy.
What I mean by that is, I hope that you will try to beat the market with every stock pick
that you make. After all, you could have just bought an index fund and gotten the market's
return for the most part. Rule Breaker Investing the podcast is all about helping you find
the companies that are going to beat the stock market averages. We have a good record for
doing that. Over time, it's spectacular what that looks like, if you're committed
to this form of investing, my favorite form of investing, the best way to invest. Otherwise, I wouldn't
spend my whole life talking about it on Fool.com or on podcasts like this. But you need to
be shooting to beat the market more than half the time.
With all that said, we're aiming for doing it six times out of ten, for beating the S&P,
that's the measure that we use at The Motley Fool, trying six picks out of ten stock picks
to be beating that. But even if you don't hit that 60% mark, which I don't think I have
with my public record -- I think I'm closer to a coin flip. The good news is,
when you're coin-flipping with these kinds of companies that go up 6X in value or even more --
one of the stocks I'm about to pick is up even more than that -- then you can be a
pretty happy investor even with only 50% accuracy when you find the best companies of our time.
That's why the math works out wildly to your favor and mine.
Anyway, we're going to get back to our final two stocks. If you're new to what I just said,
you might want to hit rewind on your podcast player and just listen to the last two minutes
or so again, because these are really important topics. Or, you could go back and listen to
the September 19th podcast. It's called "The 6 Hows of Rule Breaker Investing,"
where I really lay out the full scaffolding for you. I highly recommend that, especially if you're
new to this podcast or new to investing. Alright. Stock No. 4: the company is,
the fourth T, it's The Trade Desk, ticker TTD. The Trade Desk, on September 26th, two days
shy of the end of September, was trading at $156 a share. Right now, it's about $111,
down $45 a share. That equates to a 29% drop. This has been a wonderful stock. Like the others,
it's a big-time winner. In the case of The Trade Desk, I first picked it in February 2017,
that's almost two years ago, at $34. I just mentioned to you, it's dropped from
$156 to $111. We're still pretty happy with that $34 cost basis. And three months later,
in May of last year, it had risen to $52. I re-recommended it right there. In both cases, it's up,
on the one hand, 250%; on the other, 138%, in less than two years. This has been
a great winner. What are two things that I like about The Trade Desk?
The first is, I really like the CEO. Jeff Green is one of those classic visionary
founder types. Highly eloquent, feels like the smartest guy in the room for his industry.
If you've never heard of The Trade Desk before, you might be wondering, "What's being traded?"
The answer is, The Trade Desk offers a platform where people who want to advertise come on
and bid for where they're going to locate their ads. It's kind of like eBay,
where you have buyers and sellers. But in this case, it's called programmatic ad buying.
Instead of doing it the old way, let's say through an agency, where you would find out,
what are the rates and where are you guys going to put me? You actually go right into the
platform and you bid against others to have your ad seen in this or that site.
It's a brilliant use of the internet where there's already so much advertising, so it makes
a lot of sense to me. And it makes a lot of sense when you have someone like Jeff Green
steering this company, the founder. It makes a lot of sense to me that it's been such a winner,
and I expect that it will be a winner going forward. Again, the stock is down 29%
in less than two months. The second thing I like about The Trade Desk is,
I'm not going to go through my six traits of a Rule Breaker stock, but it is a true Rule Breaker.
The six traits that I've written about for years, that help me find stocks,
one of them is top dog and first mover in an important emerging industry. This is kind of
that type of a company. This is the top dog and first mover in a very relevant industry,
ad buying around the internet, doing it through a programmatic platform. This is the leader.
It's kind of like eBay, for what it was doing back in the day. This is a true Rule Breaker,
and I like that a lot about The Trade Desk, including its outstanding performance overall.
And here we come down the homestretch. Our final stock for this five-stock sampler
is the single best performer over the long-term among all of these companies. It's probably
the most obscure, as well. The ticker symbol is TREX, and sure enough, that's also the
name of the company. This is the outdoor decking company, Trex. Trex, just looking at recent history,
since that's our focus in this five-stock sampler, Trex was at $89 a share on September 10th.
Today it's at $61. Trex is down 31%. And yet, I first recommended it in July of 2012,
about six years ago, at $6.77. You just heard me say it's dropped from $89 to $61.
Well, from $6.77 to $61, it's been outstanding. It's up over 830% since that pick.
I guess it's worth mentioning here, it's fun to think about it, of all of these companies,
many of which are very technology-driven, and are really creating platforms like The Trade Desk,
or you think about Teladoc and its technology, or 2U, bringing technology
into classrooms, or video games, one of the best technologies of our time. And yet,
the best performer among these is a composite outdoor decking company. It's a reminder that
great companies are all around us. It's not always about the latest whiz-bang gadget.
Although, I will say, within its field, Trex is the innovator. This composite outdoor decking,
much superior to wood. I see this kind of decking in professional settings around the
Washington D.C. area. This is the stuff that doesn't get badly damaged by water.
We've had more rain in Washington D.C. than any year I can remember maybe in my lifetime,
as a lifetime D.C. resident. You have to love Trex's outdoor decking. It looks like wood,
but functions better. And that's why you see that kind of outperformance, a nine-bagger
over the last six years. Usually, there is going to be a great product or product experience
at the heart of a winning stock like that. In this case, it has nothing to do with the internet,
which is where so much of our great performance often is in our kinds of companies.
I love how well Trex has done. Two things I love about Trex. One, and this is consistent
with some of the others, I re-recommended it five years later. Yes, I did mention
our cost basis to you earlier, and how it's a nine-bagger. But in February of 2017, I was
casting about for what stock to re-recommend in Motley Fool Rule Breakers, and I picked
Trex again. Back then, it was at $33. It's gone up 91%. What I love about this company is,
it's still small. It's got a $4 billion market cap. It's a leader in its field.
I only see more and more outdoor decking in the world's future as our population grows,
and people rebuild or build new. I really like Trex's position.
I also like its relative obscurity. That's No. 2. Many people have never heard of
Trex and would be shocked to think that you could find a stock like that, that would do that
well in the service called Motley Fool Rule Breakers. Sometimes you have to love the more
obscure companies. Peter Lynch did a great job highlighting these kinds of companies
in his classic, One Up on Wall Street. Companies that don't sound sexy to Wall Street and
don't make exciting elevator pitches, and yet, look at that performance.
Well, speaking of performance, I trust and hope that these companies will outperform
in the years ahead. I'm setting a three-year clock for this one. As I've been wont to do
on this podcast, we'll try to check in each year going forward and see whether we were right
during this tough market of the fall of 2018. I'm still up for the year, but I'm
well down from where I was this summer. You might be, too. That's part of what happens
for us as investors. We're going to have those days, months, and years where we're happy,
and others that were sad. But you can be happy even in the midst of recent sadness if you've
got some money on the side and you've heard about something that you believe in today.
I hope you'll continue to diversify your portfolio; or, if you're just getting started as an investor,
look at these kinds of companies and invest in them with us alongside The Motley Fool membership.
Thanks a lot for joining me on this special five-stock sampler episode of Rule Breaker Investing.
Next week, I'm going to welcome Paul Rice to this podcast. Paul is the founder of Fair Trade USA.
If you've ever bought fair trade coffee, that's his brainchild. Paul is a fascinating
and dynamic entrepreneur, and somebody I know you're going to enjoy. I saw him give a talk
at the Conscious Capitalism conference a month ago in Austin, Texas. I thought, "I want to
get Paul on this podcast." Well, good news: he's consented to join with me. I'm really
looking forward to sharing Paul Rice with you next week.
I should mention, the week after that is our mailbag. rbi@fool.com is our email address.
If you heard something on this week's podcast that you have a question about, one of these companies,
or if you have your own story to tell, we'd love to hear it. Or, if you're
moved by what you hear from Paul next week, I always love sharing back what you're thinking
in our month-ending mailbag. In the meantime, invest well and Fool on!
As always, people on this program may have interest 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 hear. Learn more about Rule Breaker Investing at rbi.fool.com!
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