The Motley Fool Radio Show on NPR is a weekly one-hour mix of Foolish commentary, interviews, phone calls, games, and special Fool features. On each week's show, David and Tom Gardner interview CEOs and celebrities and offer up The Motley Fool Take on some of the week's business news. Here are some highlights from our recent show. And you can always tune in to Fool Radio online at, or find out if we're on the air in a city near you.

Tom Gardner on the bear market:

Investors have to ask themselves three questions. The first question investors should ask is "What is my temperament?" If investors are emotional and don't feel comfortable with their portfolios, then they should think about reducing their holdings. The second question investors should ask is "What is my time horizon?" If you've only got one or two years before you need the money, then you should reduce your holdings in equities. If you have a long-term time horizon, and you have the temperament to deal with the volatility, then you should ask yourself a third question: "What should I buy?" I think everyone out there should start with Vanguard's Total Market Index Fund. You're buying the entire U.S. market, and you're paying low fees. You may not get a great return over the short term, but over the long term, you'll be very happy you bought stocks.

David Gardner on CEO Bob Pittman's departure from AOL:

I think Bob Pittman's departure is a neutral event for AOL Time Warner shareholders. It hurts to lose a visionary like Pittman, but I think there were too many big names at AOL Time Warner, with Steve Case, Ted Turner, Richard Parsons, and a host of others. I do think Pittman's departure simplifies America's perception of AOL Time Warner's leadership.

Coca-Cola CFO Gary Fayard on his company's decision to expense stock options:

There's no doubt that stock options are compensation. Stock options do have value. If they did not have value, we wouldn't want them. And I believe compensation should be expensed.

Coca-Cola CFO Gary Fayard on earnings management:

I think companies have, in the past, managed earnings. Typically what companies have done in the past is set up reserves -- money in a piggy bank. When times got tough, companies dipped into reserves and took money out of the piggy bank. The SEC has been very explicit on the subject of earnings management, and I think that you won't see much in today's environment.

If you'd like to ask hosts David and Tom Gardner a question on the air, just give us a call toll-free at 1-866-NPR-FOOL (866-677-3665). Tune in to Fool Radio online at, or find out if we're on the air in a city near you.