Now THIS is a fun ad. Jeremy Phillips is the Chief Technology Officer at the Motley Fool, and he starts off their new ad with a great quote: “I plan to get rich on Wednesday morning — care to join me?”
Well … yeah. Isn’t that why we’re all fretting over our investments, saving precious dollars, and building strong opinions about the balance sheets and business prospects of every company we run across in our daily lives?
OK, so some of us are not entirely obsessed — but yes, most folks who buy stocks are hoping to get rich … and if we’re honest with ourselves, we want to get rich fast. Sometimes with real hope built on great stock selection, patience, portfolio allocation and counterintuitive thinking, sometimes with the same plans that a dart player makes as he steps to the line. So what is Jeremy Phillips talking about?
Usually we hear from folks who pick stocks and edit newsletters, the guys who delve into income statements and make forecasts and stand naked with their portfolio before the world. But Phillips isn’t an investment guy, he runs the Fool’s website and servers and makes sure all that stuff works for their gajillions of readers.
But he says he’s taking an idea that Tom and Dave Gardner have both recommended, and he’s running with it — putting a huge slug of his own money on the line. Here’s how he tells the tale:
“I can’t wait for Wednesday morning.
“Because I’ve just made the most important financial decision of my life. And starting in just 96 hours, I’ll see if I was right…
“If I win my bet, this stock will make a big pile of money for me by the end of 2013.
“If I lose, it’ll remain near its current bargain price. Maybe even under it. And I’ll be out some (but not all) of my $117,238. Meanwhile, I’ll still own stock in a company with a rock solid business model — one that’s poised to dominate a $130 billion market, with no direct competition.
“That’s why I don’t want you to bet against me. I want you to bet with me…
“Place YOUR OWN bet on this stock. At whatever amount you’re comfortable investing. That way YOU can win if and when I do.
“Look, I wouldn’t be putting $117,238 of my own cash on the table if I wasn’t dead serious about this opportunity. That’s a lot of money for me… in fact, it’s FIVE times the investment I have in any of my current stocks!”
I’ve never bought a stock that made the top five list of “most important financial decisions of my life”, so I may be a bit too much of a fuddy duddy to appreciate this — but I do have outsized positions in stocks that I really have strong feelings about, so I can imagine how it feels to buy a stock position that’s far larger than any you’ve bought in the past. Whether or not Phillips is right, it seems he really believes in this stock that he thinks has the opportunity to take over a $130 billion sector.
Will you agree with him? Well, before you make that call you’ll have to know the name of the stock so you can do your own research. So, assuming you don’t want to pony up a couple hundred bucks to subscribe to Rule Breakers to get your answer … what else do we get by way of clues so we can pin the tail on this donkey a bit more free-ishly?
“In a nutshell…
- This company’s revenue is growing more than 2x as fast as Google and Facebook. And more than 3x as fast as Amazon.com and Apple.
- In fact, more than 59,000 of Apple’s own employees use its core product. Many of them every day.
- The Wall Street Journal named this stock the ‘biggest internet IPO since Google.’
- This company has a foothold in over 200 countries, with more than 200 million users.
- But they’re adding two new members per second. That’s right, by the time you finish reading this sentence, they