January 28, 2013
The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Jason Moser and Andy Cross, discuss the top business and investing stories.
In this segment, the guys discuss Caterpillar (NYSE: CAT ) , which saw its net income halved because of a writedown in China as well as acquisition-related accounting problems. While the writedown isn't a big deal for Caterpillar's overall business, it does invite questions about management's judgement. Andy points out that there are inherent risks in investing, and that CAT's problems serve as a reminder that you have to be diversified across industries and market caps. For the full story, be sure to check out the following video segment.
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The relevant video segment can be found between 00:35 and 6:56.
For the full video of today's MarketFoolery podcast, click here.