| the three things that you need to know |
2.94 |
Jump to 130.2 |
CARDINAL
three
|
| first thing you need to know Berkshire |
3.9 |
Jump to 133.14 |
ORDINAL
first
|
| Petroleum as it currently holds over 20 |
4.32 |
Jump to 159.3 |
CARDINAL
over 20
|
| second thing you need to know treasury |
3.66 |
Jump to 163.62 |
ORDINAL
second
|
| and the third thing that you need to |
2.939 |
Jump to 191.94 |
ORDINAL
third
|
| the two spent hours weighing in on |
3.72 |
Jump to 228.06 |
CARDINAL
two
|
| top three are yeah Julie so going into |
3.6 |
Jump to 243.12 |
CARDINAL
three
PERSON
Julie
|
| right when you get the nine-year-old |
3.599 |
Jump to 260.88 |
DATE
nine-year-old
|
| want to start with banks first because |
3.3 |
Jump to 267.66 |
ORDINAL
first
|
| more on this and one thing that he said |
3.72 |
Jump to 270.96 |
CARDINAL
one
|
| headline there and I think the two |
3.06 |
Jump to 280.62 |
CARDINAL
two
|
| secured above 250 000 he said who would |
6.36 |
Jump to 289.08 |
|
| those are down from nearly 80 billion at |
4.26 |
Jump to 309.84 |
MONEY
nearly 80 billion
|
| one point down to about 40 billion now |
3.961 |
Jump to 312.419 |
CARDINAL
one
MONEY
about 40 billion
|
| one thing he did not do outside of one |
4.319 |
Jump to 314.1 |
CARDINAL
one
CARDINAL
one
|
| that we would receive from these two |
4.5 |
Jump to 339.84 |
CARDINAL
two
|
| two on artificial intelligence too it's |
3.419 |
Jump to 357 |
CARDINAL
two
|
| that question yeah it was the first time |
2.76 |
Jump to 414.24 |
ORDINAL
first
|
| Berkshire Hathaway owns almost 25 |
3.72 |
Jump to 430.199 |
PERSON
Berkshire Hathaway
CARDINAL
almost 25
|
| Petroleum at 59 a share Shares are down |
4.8 |
Jump to 445.38 |
CARDINAL
59
|
| now and very close to 59 a share so it |
4.56 |
Jump to 450.18 |
CARDINAL
59
|
| up to 50 oh they turn back up positive |
4.44 |
Jump to 454.74 |
CARDINAL
up to
|
| 50 and it seems like they're probably |
2.76 |
Jump to 470.46 |
DATE
50
|
| from the meeting with tiger 21 founder |
4.62 |
Jump to 488.4 |
CARDINAL
21
|
| 20 years Berkshire Hathaway has roughly |
6.119 |
Jump to 525.72 |
DATE
20 years
PERSON
Berkshire Hathaway
|
| first 40 years but he said something |
4.38 |
Jump to 538.5 |
DATE
first 40 years
|
| have uh we have 1250 members and many of |
6.239 |
Jump to 578.1 |
DATE
1250
|
| than 20 years and if you've held it |
4.801 |
Jump to 584.339 |
|
| longer than 20 years the outperformance |
5.22 |
Jump to 586.44 |
DATE
20 years
|
| Berkshire Hathaway 20 years ago it would |
6.36 |
Jump to 609.72 |
DATE
20 years ago
|
| be worth about seven dollars today same |
5.82 |
Jump to 612.959 |
MONEY
about seven dollars
DATE
today
|
| Apple if you invested a dollar 20 years |
6.421 |
Jump to 618.779 |
ORG
Apple
DATE
20 years
|
| ago that would be worth 694 dollars you |
5.88 |
Jump to 621.06 |
MONEY
694 dollars
|
| time frame is the relevant one for a |
5.581 |
Jump to 642.899 |
|
| together one of the world's greatest |
3.48 |
Jump to 735.18 |
CARDINAL
one
|
| I think about 150 billion of Holdings |
6.361 |
Jump to 771.899 |
MONEY
about 150 billion
ORG
Holdings
|
| five years I'm not sure where the car |
4.199 |
Jump to 778.26 |
DATE
five years
|
| companies will be in five years that's |
4.08 |
Jump to 780.36 |
DATE
five years
|
| fact that five years from now Apple may |
4.861 |
Jump to 788.639 |
DATE
five years
ORG
Apple
|
| be one of the car companies there's lots |
4.38 |
Jump to 790.98 |
|
| I mean one of them was byd we saw them |
4.38 |
Jump to 801 |
CARDINAL
one
|
| approach he's invested in the top five |
6.06 |
Jump to 816.899 |
CARDINAL
five
|
| there's only one manager that's come |
5.341 |
Jump to 860.279 |
CARDINAL
only one
|
| have been working 20 30 years for a |
4.86 |
Jump to 869.94 |
DATE
20 30 years
|
| well first of all Geico had a good |
4.98 |
Jump to 912.12 |
ORDINAL
first
FAC
Geico
|
| rebound I think in the first quarter uh |
4.74 |
Jump to 914.399 |
DATE
the first quarter
|
| perspective on all of this tiger 21 |
3.18 |
Jump to 948.959 |
CARDINAL
21
|
| talked about June 1st as a potential |
4.8 |
Jump to 972.06 |
DATE
about June 1st
|
| uh something like 4.5 trillion dollars |
5.94 |
Jump to 1002.6 |
MONEY
4.5 trillion dollars
|
| Weeds on this point to the 14th |
5.04 |
Jump to 1068.48 |
ORDINAL
14th
|
| from 1868 and that Amendment says the |
5.94 |
Jump to 1073.52 |
DATE
1868
|
| there was a law passed in 1917 that said |
5.761 |
Jump to 1086.179 |
DATE
1917
|
| 14th Amendment trumps the 1917 law and |
4.86 |
Jump to 1101.84 |
DATE
1917
|
| um that the 1917 law might turn out to |
4.98 |
Jump to 1108.02 |
DATE
1917
|
| um this gets to the one trillion dollar |
4.86 |
Jump to 1113.96 |
MONEY
one trillion dollar
|
| coin which it goes back to 2011 and 2013 |
5.399 |
Jump to 1115.52 |
DATE
2011
DATE
2013
|
| extra one trillion dollars and so the |
4.08 |
Jump to 1130.4 |
MONEY
one trillion dollars
|
| really came down to it that is one |
3.72 |
Jump to 1146.78 |
CARDINAL
one
|
| conference he didn't say trillion dollar |
4.921 |
Jump to 1179.059 |
MONEY
trillion dollar
|
| are skyrocketing this morning up 29 |
6.12 |
Jump to 1237.02 |
TIME
this morning
CARDINAL
29
|
| back some of its losses from its six day |
4.14 |
Jump to 1243.14 |
DATE
six day
|
| tumbling following its second quarter |
4.08 |
Jump to 1259.28 |
DATE
its second quarter
|
| are down by 10 percent right now we'll |
4 |
Jump to 1263.36 |
PERCENT
10 percent
|
| first up with the June 1st debt ceiling |
4.561 |
Jump to 1437.179 |
ORDINAL
first
DATE
June 1st
|
| one of the high profile companies that |
4.381 |
Jump to 1449.059 |
CARDINAL
one
|
| turmoil one could argue that the credit |
4.559 |
Jump to 1578.48 |
|
| the one disconnect here Julie is that |
4.8 |
Jump to 1594.08 |
CARDINAL
one
PERSON
Julie
|
| the the market is expecting close to two |
4.679 |
Jump to 1596.12 |
CARDINAL
two
|
| to three rate cuts by end of this year |
4.56 |
Jump to 1598.88 |
CARDINAL
three
|
| really been on a one percent move uh you |
5.159 |
Jump to 1634.88 |
PERCENT
one percent
|
| for a barbell approach whereby two-year |
5.4 |
Jump to 1656.96 |
DATE
two-year
|
| creating rather than one one that is a |
5.52 |
Jump to 1745.58 |
|
| fundamental one |
4.86 |
Jump to 1748.64 |
CARDINAL
one
|
| and quarters it might be one to have |
4.38 |
Jump to 1814.279 |
|
| anything material One Direction or the |
3.3 |
Jump to 1837.02 |
CARDINAL
One
|
| NASDAQ is over 16 s p close to eight |
6.061 |
Jump to 1846.799 |
ORG
NASDAQ
QUANTITY
16 s
CARDINAL
eight
|
| that the FED has just embarked on one of |
4.199 |
Jump to 1852.86 |
ORG
FED
CARDINAL
one
|
| tightening cycle in almost 40 years so |
4.86 |
Jump to 1857.059 |
DATE
almost 40 years
|
| over the course of the past five days |
3.6 |
Jump to 1951.98 |
DATE
the past five days
|
| the past five days by about nine cents a |
3.24 |
Jump to 1958.159 |
DATE
the past five days
MONEY
about nine cents
|
| up by about two tenths of a percent |
3.48 |
Jump to 1963.02 |
CARDINAL
about two tenths
|
| five days still net Higher by about one |
4.799 |
Jump to 1968.12 |
DATE
five days
CARDINAL
about one
|
| tenth of a percent and uh let's just get |
4.44 |
Jump to 1970.58 |
|
| on over to the heat map for the S P 500 |
4.081 |
Jump to 1972.919 |
ORG
the S P
|
| sector activity first and that'll give |
3.96 |
Jump to 1977 |
ORDINAL
first
|
| us actually where the S P 500 is sitting |
3.6 |
Jump to 1978.74 |
ORG
the S P 500
|
| taking a look at the 11 S P 500 sectors |
4.2 |
Jump to 1984.14 |
ORG
the 11 S P 500
|
| right now it's up by about 1.8 percent |
4.8 |
Jump to 1988.34 |
PERCENT
about 1.8 percent
|
| down by about six tenths of a percent |
3.301 |
Jump to 1997.039 |
CARDINAL
about six tenths
|
| about six tenths of a percent kind of |
3.301 |
Jump to 2013.419 |
CARDINAL
about six tenths
|
| well Nvidia too down by about six ten |
3.72 |
Jump to 2019.179 |
PERSON
Nvidia
CARDINAL
about six ten
|
| seven percent we've gotten through many |
5.04 |
Jump to 2021.22 |
PERCENT
seven percent
|
| and it's continuing again up to 30 |
4.679 |
Jump to 2058 |
|
| percent Western Alliance up 12 so we're |
4.26 |
Jump to 2059.8 |
ORG
Western Alliance
CARDINAL
12
|
| um that it sold nearly 2 million shares |
4.44 |
Jump to 2110.2 |
CARDINAL
nearly 2 million
|
| a filing that it did on May 2nd so |
5.219 |
Jump to 2114.64 |
DATE
May 2nd
|
| Holdings to about 9.87 from 10 here so |
7.98 |
Jump to 2163.18 |
CARDINAL
about 9.87
CARDINAL
10
|
| 10 share of the equity in byd but at the |
6.48 |
Jump to 2171.16 |
CARDINAL
10
|
| about 58.9 million dollars there so some |
4.32 |
Jump to 2177.64 |
MONEY
about 58.9 million dollars
|
| today that I think it's the fourth |
3.6 |
Jump to 2185.44 |
DATE
today
ORDINAL
fourth
|
| Friday it Rose by five and a half |
3.539 |
Jump to 2190.54 |
DATE
Friday
DATE
five and a half
|
| some 13 after on the back of earnings |
4.14 |
Jump to 2245.92 |
|
| average price down 3.2 percent and we |
6.06 |
Jump to 2259.48 |
PERCENT
3.2 percent
|
| level beef average price down 5.4 |
5.279 |
Jump to 2269.32 |
CARDINAL
5.4
|
| percent pork down 10.3 percent chicken |
6 |
Jump to 2271.599 |
PERCENT
10.3 percent
|
| rising two percent but that is lower |
4.98 |
Jump to 2274.599 |
PERCENT
two percent
|
| over year by about 12.7 percent but I |
4.44 |
Jump to 2289.96 |
DATE
over year
PERCENT
about 12.7 percent
|
| about shares of Six Flags here they are |
4.02 |
Jump to 2325.96 |
CARDINAL
Six
|
| the seven percent jump in average |
4.92 |
Jump to 2329.98 |
PERCENT
seven percent
|
| a five percent drop in attendance year |
4.26 |
Jump to 2334.9 |
PERCENT
five percent
|
| right now they're up by about 21 I was |
4.08 |
Jump to 2341.68 |
CARDINAL
about 21
|
| zeroing in on this that was up seven |
3.48 |
Jump to 2352.9 |
CARDINAL
seven
|
| percent overall Revenue up three percent |
4.44 |
Jump to 2354.52 |
PERCENT
three percent
|
| for six going into this print but |
4.741 |
Jump to 2377.079 |
CARDINAL
six
|
| Six Flags fan but I do remember my days |
3.121 |
Jump to 2396.099 |
CARDINAL
Six
DATE
days
|
| with 90 of the S P 500 reporting |
3.901 |
Jump to 2406.599 |
CARDINAL
90
CARDINAL
500
|
| almost 90 percent of s p 500s have |
5.16 |
Jump to 2583.24 |
PERCENT
almost 90 percent
PRODUCT
500s
|
| expected five of the 11 sectors are |
4.08 |
Jump to 2590.38 |
CARDINAL
five
CARDINAL
11
|
| or at least this outset of it for 90 of |
6.24 |
Jump to 2609.16 |
CARDINAL
90
|
| the S P 500 companies now going forward |
5.64 |
Jump to 2612.4 |
ORG
the S P 500
|
| Gaylord Faulkner got the ninth place |
3.961 |
Jump to 2637.839 |
GPE
Gaylord Faulkner
ORDINAL
ninth
|
| catalyst is that gets us above 4 200 on |
5.04 |
Jump to 2782.38 |
CARDINAL
200
|
| the S P 500 I guess the good news is I'm |
4.2 |
Jump to 2784.78 |
ORG
the S P 500
|
| Catalyst that gets us below 3 800 on the |
5.7 |
Jump to 2788.98 |
|
| S P 500 we're all sort of waiting for |
5.1 |
Jump to 2791.68 |
CARDINAL
500
|
| this great breakout one way or the other |
4.98 |
Jump to 2794.68 |
|
| have the S P 500 at the high end of its |
4.68 |
Jump to 2806.98 |
ORG
the S P 500
|
| range can't quite get through 4200 and |
5.52 |
Jump to 2809.319 |
CARDINAL
4200
|
| last year or so being in that 17 handle |
5.7 |
Jump to 2817.06 |
DATE
last year
CARDINAL
17
|
| major indication one way or the other |
5.28 |
Jump to 2840.52 |
CARDINAL
one
|
| never just one Mouse in the house as |
4.02 |
Jump to 2900.22 |
NORP
Mouse
|
| in two or three years obviously it's |
4.141 |
Jump to 2919.359 |
DATE
two or three years
|
| going to be one of the themes that you |
6.119 |
Jump to 2980.5 |
|
| Peloton but one analyst is changing his |
4.98 |
Jump to 3001.2 |
ORG
Peloton
CARDINAL
one
|
| on every one of our reports was |
3.78 |
Jump to 3209.88 |
|
| there's four Peloton bands driving |
3.119 |
Jump to 3227.7 |
CARDINAL
four
ORG
Peloton
|
| outside my house there must be four |
3.12 |
Jump to 3229.38 |
CARDINAL
four
|
| secondary Market one off of eBay for a |
5.419 |
Jump to 3270.18 |
ORG
eBay
|
| the first place I think what made |
3.36 |
Jump to 3310.38 |
ORDINAL
first
|
| first time this quarter they had to do |
4.201 |
Jump to 3350.819 |
ORDINAL
first
DATE
this quarter
|
| wasn't a dead brand it had five billion |
3.6 |
Jump to 3454.38 |
MONEY
five billion
|
| was the top 10 stocks within the s p for |
4.26 |
Jump to 3522.9 |
CARDINAL
10
|
| two years running even though revenues |
3.48 |
Jump to 3525.48 |
DATE
two years
|
| community in one sense or another |
4.381 |
Jump to 3552.059 |
CARDINAL
one
|
| but is there one company uh you know if |
4.979 |
Jump to 3569.88 |
|
| there is no one that has a better |
3.78 |
Jump to 3614.94 |
|
| right one thing that the three of us |
3.839 |
Jump to 3640.98 |
CARDINAL
one
CARDINAL
three
|
| pandemic let's we're looking at a two to |
3.48 |
Jump to 3647.94 |
CARDINAL
two
|
| three billion dollar market cap company |
3.42 |
Jump to 3649.98 |
MONEY
three billion dollar
|
| vicinity that was Zero 15 years ago that |
5.579 |
Jump to 3655.5 |
DATE
Zero 15 years ago
|
| problem is it went to 50 beforehand so |
3.181 |
Jump to 3661.079 |
CARDINAL
50
|
| and one of the place I founded is in |
3 |
Jump to 3870.96 |
CARDINAL
one
|
| two and a quarter percent that's after |
4.319 |
Jump to 3876 |
DATE
two and a quarter
|
| upward back above seventy dollars a |
3.901 |
Jump to 3882.359 |
MONEY
seventy dollars
|
| um in this session so that's one of the |
3 |
Jump to 3888.42 |
CARDINAL
one
|
| watching as well we'll get to this one |
3.24 |
Jump to 3894.599 |
|
| in just a second here but want to start |
3.24 |
Jump to 3896.22 |
ORDINAL
second
|
| higher here it is up by about 21 percent |
5.581 |
Jump to 3937.319 |
PERCENT
about 21 percent
|
| at the moment if you look at the two-day |
4.74 |
Jump to 3940.14 |
DATE
two-day
|
| look at a one month chart for this stock |
4.859 |
Jump to 3949.44 |
DATE
one month
|
| and it's still down by 28 percent but it |
4.621 |
Jump to 3951.839 |
PERCENT
28 percent
|
| following that six day losing streak for |
3.96 |
Jump to 3969.54 |
DATE
six day
|
| up just perfectly first of all I'm |
2.76 |
Jump to 4020.359 |
ORDINAL
first
|
| the failures of three institutions that |
3.54 |
Jump to 4037.039 |
CARDINAL
three
|
| okay so let's let's first talk about |
4.621 |
Jump to 4170.299 |
ORDINAL
first
|
| accounts one system and maybe a |
3.54 |
Jump to 4213.02 |
CARDINAL
one
|
| now I I will say that one of the really |
3.3 |
Jump to 4223.04 |
CARDINAL
one
|
| important one thing we haven't talked |
3.42 |
Jump to 4242.96 |
|
| percentage of floats still at about 18 |
4.68 |
Jump to 4307.34 |
CARDINAL
about 18
|
| um but I'll give you one example there |
4.259 |
Jump to 4338.96 |
CARDINAL
one
|
| was one Bank uh that was uh that was a |
5.399 |
Jump to 4340.28 |
CARDINAL
one
|
| let's take a look at one trending ticker |
4.48 |
Jump to 4406.78 |
CARDINAL
one
|
| AMC are up over 40 percent so far this |
5.88 |
Jump to 4421.1 |
ORG
AMC
PERCENT
over 40 percent
|
| all three uh all three indices in the |
5.52 |
Jump to 4600.38 |
CARDINAL
three
CARDINAL
three
|
| about a third of one percent right now |
4.68 |
Jump to 4607.64 |
CARDINAL
about a third
PERCENT
one percent
|
| today z-scalers on that list it's up 20 |
6.179 |
Jump to 4621.02 |
DATE
today
CARDINAL
20
|
| today palantir up four percent not sure |
6.121 |
Jump to 4623.179 |
DATE
today
PERCENT
four percent
|
| Brad yeah palantir was one of the top |
3.48 |
Jump to 4632.96 |
PERSON
Brad
CARDINAL
one
|
| one also here this morning pilot |
4.141 |
Jump to 4638.179 |
TIME
this morning
|
| it's not required the 10 biggest air |
4.561 |
Jump to 4685.699 |
CARDINAL
10
|
| rebooking on the same carrier and nine |
4.86 |
Jump to 4690.26 |
CARDINAL
nine
|
| cover hotels only two Airlines currently |
5.7 |
Jump to 4692.12 |
CARDINAL
two
ORG
Airlines
|
| causes passengers waiting three hours or |
3.66 |
Jump to 4712.76 |
TIME
three hours
|
| passengers waiting for three hours or |
3.419 |
Jump to 4720.32 |
TIME
three hours
|
| passengers waiting for three hours or |
4.199 |
Jump to 4726.5 |
TIME
three hours
|
| usual new hardware like the first |
3.84 |
Jump to 4990.14 |
ORDINAL
first
|
| like Samsung uh but this one looks like |
6.3 |
Jump to 5075.76 |
ORG
Samsung
|
| except how men think and behave the one |
5.219 |
Jump to 5406.96 |
CARDINAL
one
|
| grabbing some of your time first and |
4.681 |
Jump to 5438.159 |
ORDINAL
first
|
| uh you can pick them each one I think |
7.361 |
Jump to 5481.199 |
|
| red lights Reflections on Life 50 years |
4.68 |
Jump to 5547.6 |
|
| uh by at least four years or five years |
8.04 |
Jump to 5652.78 |
DATE
at least four years or
DATE
five years
|
| but I I I am 88 but I always say I'm the |
6.339 |
Jump to 5655.86 |
|
| losers uh and uh I think one wants to be |
5.099 |
Jump to 5688.06 |
|
| back in 1984 and that's never that has |
5.761 |
Jump to 5809.199 |
DATE
1984
|
| over 60 it's not the people uh in the |
5.939 |
Jump to 5872.26 |
CARDINAL
60
|
| millennial group uh by 2030 there'll be |
4.44 |
Jump to 5875.5 |
DATE
2030
|
| more people over 60 and there will be |
4.5 |
Jump to 5878.199 |
|
| under 18 and they have more money to |
6.06 |
Jump to 5879.94 |
DATE
under 18
|
| cenegenics which has 20 25 clinics which |
6.859 |
Jump to 5944.8 |
CARDINAL
20 25
|
| people out of the hospital for one day |
4.619 |
Jump to 6016.08 |
DATE
one day
|
| because one day is so expensive so |
4.2 |
Jump to 6018.06 |
DATE
one day
|
| going to live to 114. you have to read |
4.56 |
Jump to 6034.679 |
CARDINAL
114
|
| that about 15 years ago and I've been |
4.381 |
Jump to 6045.719 |
DATE
about 15 years ago
|
| saying that for 15 years I think the |
4.5 |
Jump to 6048.3 |
DATE
15 years
|
| same lecture I heard 15 years ago would |
8.28 |
Jump to 6050.1 |
DATE
15 years ago
|
| now probably say 120 and uh there's a an |
7.439 |
Jump to 6052.8 |
CARDINAL
120
|
| ago by one of the leading gurus in this |
5.94 |
Jump to 6060.239 |
CARDINAL
one
|
| today who's going to live to 150 now I |
5.101 |
Jump to 6066.179 |
DATE
today
CARDINAL
150
|
| have uh you know in two and a half years |
4.561 |
Jump to 6082.739 |
DATE
two and a half years
|
| we've made 30 Investments |
6.84 |
Jump to 6085.02 |
CARDINAL
30
ORG
Investments
|
| and uh we've seen over 1200 companies |
7.02 |
Jump to 6087.3 |
CARDINAL
1200
|
| talking to you for the next uh 20 years |
4.56 |
Jump to 6142.98 |
DATE
the next uh 20 years
|
| on his 50 years in venture capital is |
5.22 |
Jump to 6155.04 |
DATE
his 50 years
|
| have 26 more years not 20. 26 more years |
4.321 |
Jump to 6162.119 |
DATE
26 more years
CARDINAL
20
DATE
26 more years
|
| you know plus 10 for the company uh |
5.461 |
Jump to 6218.639 |
CARDINAL
10
|
| Maggiano's was plus 21 and uh Chili's |
5.46 |
Jump to 6220.98 |
ORG
Maggiano
CARDINAL
21
|
| was plus 10. and what we're seeing is uh |
3.66 |
Jump to 6224.1 |
CARDINAL
10
|
| in the last six months so we're going to |
2.82 |
Jump to 6301.56 |
DATE
the last six months
|
| point or 1099 three from email which we |
3.96 |
Jump to 6307.5 |
DATE
1099
|
| for Brian so we've got our uh six dollar |
5.401 |
Jump to 6339.119 |
PERSON
Brian
MONEY
six dollar
|
| um Market of the month the 800 1800 |
5.101 |
Jump to 6342.659 |
|
| stake stake uh it's only six dollars and |
4.92 |
Jump to 6344.52 |
|
| sure you hear it it's got 1800 repasada |
4.381 |
Jump to 6350.699 |
CARDINAL
1800
|
| pineapple and fresh sour and at six |
4.079 |
Jump to 6355.08 |
CARDINAL
six
|
| then we also have our three for me menu |
3.241 |
Jump to 6359.159 |
CARDINAL
three
|
| 25 of the business now is an off-premise |
4.02 |
Jump to 6434.46 |
CARDINAL
25
|
| had his 14-year anniversary he's doing |
3.96 |
Jump to 6440.4 |
DATE
14-year
|
| one of the things that stood out to me |
2.819 |
Jump to 6452.82 |
CARDINAL
one
|
| last 12 months we've really been |
3.84 |
Jump to 6536.76 |
DATE
last 12 months
|
| the storm we're going to speak with one |
4.26 |
Jump to 6657.54 |
CARDINAL
one
|
| the third U.S bank failure in just two |
5.819 |
Jump to 6799.8 |
ORDINAL
third
GPE
U.S
CARDINAL
just two
|
| great to have you here with us first the |
4.8 |
Jump to 6818.76 |
ORDINAL
first
|
| a certain number of years about one out |
4.26 |
Jump to 6839.34 |
DATE
years
CARDINAL
one
|
| of every four years on average and so |
4.98 |
Jump to 6841.139 |
DATE
every four years
|
| six months between May Day and Halloween |
3.601 |
Jump to 6862.199 |
DATE
six months
DATE
May Day
DATE
Halloween
|
| Care is another one that uh historically |
4.799 |
Jump to 6877.32 |
|
| and uh it's been around now about five |
5.141 |
Jump to 6898.699 |
CARDINAL
about five
|
| the S P 500 at least but we've been in |
5.58 |
Jump to 6929.4 |
ORG
the S P 500
|
| market May do well over the next six |
3.54 |
Jump to 6958.02 |
DATE
May
DATE
the next six
|
| more defensive for those six months so |
3.96 |
Jump to 6973.199 |
DATE
those six months
|
| particular six month period that'll do |
2.641 |
Jump to 6977.159 |
DATE
six month
|
| downturns that are on average about one |
4.319 |
Jump to 6995.4 |
CARDINAL
about one
|
| out of four times and it sounds like |
3.901 |
Jump to 6997.679 |
CARDINAL
four
|
| market since 2018 when it was launched |
5.401 |
Jump to 7021.139 |
DATE
2018
|
| been back to 1990 I believe and over a |
4.741 |
Jump to 7028.159 |
DATE
1990
|
| 20-year period it actually has beaten |
5.04 |
Jump to 7030.26 |
DATE
20-year
|
| of the market so this is one of those |
3.721 |
Jump to 7042.679 |
|
| 500 and the NASDAQ are all in negative |
4.86 |
Jump to 7065.239 |
CARDINAL
500
ORG
NASDAQ
|
| territory right now as we are nearly 90 |
4.56 |
Jump to 7067.639 |
|
| 500 flat just barely to the downside but |
3.42 |
Jump to 7072.199 |
CARDINAL
500
|
| the Dow's down two tenths of a percent |
3.54 |
Jump to 7074.36 |
ORG
Dow
CARDINAL
two tenths
|
| up at 11 A.M East at 11 A.M Eastern |
4.319 |
Jump to 7090.32 |
TIME
11 A.M East
CARDINAL
11
|
| week stay tuned for our three to five |
3.48 |
Jump to 7110.78 |
CARDINAL
our three to five
|
| welcome to Yahoo finance it's 11 A.M on |
4.5 |
Jump to 7325.88 |
ORG
Yahoo
DATE
11 A.M
|
| the East Coast 8 A.M on the west I'm |
3.78 |
Jump to 7328.52 |
LOC
the East Coast
|
| miss it but first let's check in all the |
4.8 |
Jump to 7372.26 |
ORDINAL
first
|
| major indices we see that all three are |
4.081 |
Jump to 7374.719 |
CARDINAL
three
|
| here off about 55 points the S P 500 |
5.34 |
Jump to 7381.98 |
CARDINAL
about 55
ORG
the S P
|
| also down about 55 points just barely |
3.9 |
Jump to 7384.92 |
CARDINAL
about 55
|
| heavy NASDAQ there down about 20 points |
5.279 |
Jump to 7390.86 |
ORG
NASDAQ
CARDINAL
about 20
|
| Banks we've seen a five-year up about |
3.6 |
Jump to 7402.619 |
DATE
five-year
|
| one and a half percent similar situation |
4.739 |
Jump to 7404.48 |
DATE
one and
|
| for the 10-year up about 1.6 on the day |
5.46 |
Jump to 7406.219 |
DATE
10-year
CARDINAL
about 1.6
|
| and that longer term 30-year yield also |
5.041 |
Jump to 7409.219 |
DATE
30-year
|
| up one and a half percent |
4.741 |
Jump to 7411.679 |
CARDINAL
one
|
| hike made it 10 in just over a year with |
4.799 |
Jump to 7416.42 |
CARDINAL
10
DATE
just over a year
|
| of raising rates by 25 basis points at |
6.059 |
Jump to 7525.56 |
CARDINAL
25
|
| recession already for the second half of |
6.12 |
Jump to 7721.4 |
DATE
the second half
|
| 4.4 percent junk suppose that with the |
6.78 |
Jump to 7783.8 |
PERCENT
4.4 percent
|
| very heavily downward the previous two |
5.52 |
Jump to 7809.9 |
CARDINAL
two
|
| think that one of the most instructive |
4.199 |
Jump to 7815.42 |
CARDINAL
one
|
| over let's call it three months but look |
5.52 |
Jump to 7819.619 |
DATE
three months
|
| conditions those are the two main things |
4.48 |
Jump to 7858.46 |
CARDINAL
two
|
| so we're in a Range now of five to five |
5.581 |
Jump to 7935.239 |
CARDINAL
five to five
|
| well like I say at the last meeting two |
5.76 |
Jump to 7950.78 |
CARDINAL
two
|
| a great deal more over the next four or |
6.539 |
Jump to 8006.04 |
DATE
the next four
|
| five weeks so let's let's focus on it |
6.359 |
Jump to 8008.32 |
DATE
five weeks
|
| well I I was there back in 2011 when |
5.52 |
Jump to 8110.26 |
DATE
2011
|
| we're in this 11 o'clock hour we're |
3.12 |
Jump to 8388.42 |
TIME
this 11 o'clock hour
|
| little bit more now down about 70 points |
5.28 |
Jump to 8391.54 |
CARDINAL
about 70
|
| the S P 500 also down about just about a |
4.74 |
Jump to 8393.34 |
ORG
the S P 500
|
| there is still down by about 18 points |
3.48 |
Jump to 8405.16 |
CARDINAL
about 18
|
| one thing we should do it's get along |
3.54 |
Jump to 8429.58 |
CARDINAL
one
|
| Apple's going to be in five or ten years |
4.799 |
Jump to 8460.06 |
ORG
Apple
DATE
five or ten years
|
| five or ten years now even for a company |
3.78 |
Jump to 8467.02 |
DATE
five or ten years
|
| well one other question rising from |
3.901 |
Jump to 8504.819 |
CARDINAL
one
|
| first start with your takeaways from |
3.839 |
Jump to 8528.1 |
ORDINAL
first
|
| runs as well but I want to first get |
3.899 |
Jump to 8536.92 |
ORDINAL
first
|
| remember this is kind of the first like |
4.14 |
Jump to 8543.58 |
ORDINAL
first
|
| um so since 19 uh since 2019 and uh you |
6.12 |
Jump to 8547.72 |
CARDINAL
19
DATE
2019
|
| movie which lasts for about 20 minutes |
4.32 |
Jump to 8738.7 |
TIME
about 20 minutes
|
| say interspersed to nine different clips |
4.38 |
Jump to 8740.38 |
CARDINAL
nine
|
| these clips went back to 1994 1995 1996 |
7.619 |
Jump to 8747.7 |
DATE
1994 1995 1996
|
| the same answer for nearly 30 years now |
4.319 |
Jump to 8760.66 |
DATE
nearly 30 years
|
| on autopilot for the next three or four |
3.241 |
Jump to 8771.819 |
DATE
the next three or
CARDINAL
four
|
| one of his main jobs will be Capital |
4.68 |
Jump to 8780.1 |
CARDINAL
one
ORG
Capital
|
| Hathaway stock about a hundred million |
4.02 |
Jump to 8788.08 |
ORG
Hathaway
MONEY
about a hundred million
|
| stock was down around 275 and a little |
3.721 |
Jump to 8797.319 |
CARDINAL
around 275
|
| little under 300 now we're close to 3 |
3.899 |
Jump to 8801.04 |
CARDINAL
3
|
| 30. he really picked some great points |
4.02 |
Jump to 8803.08 |
CARDINAL
30
|
| than expected job stage one Friday set |
3.96 |
Jump to 9003.84 |
DATE
one Friday
|
| yes first off thanks for having me uh |
5.16 |
Jump to 9041.04 |
ORDINAL
first
|
| March and April of 2020 but where we're |
5.88 |
Jump to 9060.78 |
DATE
March
DATE
April of 2020
|
| coming off zero in the last year but we |
4.679 |
Jump to 9271.26 |
CARDINAL
zero
DATE
the last year
|
| similar between the two population |
4.861 |
Jump to 9280.439 |
CARDINAL
two
|
| data for the third to get to digest this |
4.679 |
Jump to 9285.3 |
ORDINAL
third
|
| sessions and you know this is one of |
3.48 |
Jump to 9310.74 |
|
| think for the first time and in quite |
3.239 |
Jump to 9333.66 |
ORDINAL
first
|
| made for all three actions both uh you |
4.321 |
Jump to 9340.439 |
CARDINAL
three
|
| a 90 chance that it's going to be just |
4.14 |
Jump to 9351.54 |
CARDINAL
90
|
| had about a 1 in 10 chance of another 25 |
4.56 |
Jump to 9359.52 |
CARDINAL
about a 1
CARDINAL
10
CARDINAL
25
|
| 10-year chart which Alex points out |
3.299 |
Jump to 9407.1 |
DATE
10-year
NORP
Alex
|
| chart the index would be down about 60 |
4.861 |
Jump to 9414.359 |
CARDINAL
about 60
|
| percent from its January 2022 high so |
4.32 |
Jump to 9416.34 |
DATE
January 2022
|
| course though did capture all three of |
5.22 |
Jump to 9443.7 |
CARDINAL
three
|
| signature Silicon Valley uh and First |
6.279 |
Jump to 9450.62 |
LOC
Silicon Valley
ORDINAL
First
|
| Republic so it used to be 24 uh members |
5.94 |
Jump to 9453.84 |
CARDINAL
24
|
| now down to 21. that of course is |
4.441 |
Jump to 9456.899 |
CARDINAL
21
|
| week week uh week or two last couple |
4.441 |
Jump to 9470.819 |
DATE
week week
DATE
week
CARDINAL
two
|
| 2016 so looking for some of those levels |
4.681 |
Jump to 9490.439 |
DATE
2016
|
| levels from the middle of 2020 we're |
4.26 |
Jump to 9495.12 |
DATE
the middle of 2020
|
| approaching that around 70. of course |
4.56 |
Jump to 9497.16 |
|
| before covid only 23 of professionals |
6.7 |
Jump to 9711.38 |
|
| work remotely today 59 are working |
5.521 |
Jump to 9714.899 |
DATE
today
|
| said one of the tech industry's worst |
4.439 |
Jump to 9740.88 |
CARDINAL
one
|
| 71 in the pandemic but today uh I think |
4.619 |
Jump to 9792.78 |
CARDINAL
71
DATE
today
|
| it's about you know 66 percent uh from |
5.46 |
Jump to 9797.399 |
|
| the last 12 months and so even though |
4.199 |
Jump to 9807.12 |
DATE
the last 12 months
|
| 24 7 operation uh and so you have a lot |
6 |
Jump to 9825.899 |
CARDINAL
24 7
|
| as if they're in an office uh from nine |
4.08 |
Jump to 9868.14 |
CARDINAL
nine
|
| to five each day and so we think that |
4.08 |
Jump to 9870.18 |
|
| spend 95 of their time looking for files |
4.321 |
Jump to 9963.479 |
CARDINAL
95
|
| Guardians of the Galaxy vol 3 brought in |
5.519 |
Jump to 10213.8 |
|
| 114 million in its opening setting a |
5.34 |
Jump to 10216.5 |
CARDINAL
114 million
|
| comes up but I want to first get your |
3.48 |
Jump to 10234.74 |
ORDINAL
first
|
| of the Galaxy vol 3 and expectations for |
4.2 |
Jump to 10238.22 |
|
| for the weekend of 114 million just |
5.76 |
Jump to 10249.92 |
DATE
the weekend
CARDINAL
114 million
|
| enjoying the movie it came in at 118.4 |
5.639 |
Jump to 10262.76 |
CARDINAL
118.4
|
| million the international number went up |
4.38 |
Jump to 10266 |
CARDINAL
million
|
| 289.3 million dollar Global debut not |
6.34 |
Jump to 10274 |
MONEY
289.3 million dollar
|
| momentum if you had to pick one maybe |
4.379 |
Jump to 10303.56 |
CARDINAL
one
|
| I'll give you two or three the top |
4.14 |
Jump to 10306.08 |
CARDINAL
two
|
| weekend you look at July 21st that's my |
5.699 |
Jump to 10321.2 |
DATE
July 21st
|
| Impossible dead reckoning part one I |
5.58 |
Jump to 10334.34 |
|
| do that for them uh fast 10 or fast X |
5.101 |
Jump to 10349.939 |
CARDINAL
10
|
| to have 20 count them 20 more wide |
5.94 |
Jump to 10375.62 |
CARDINAL
20
CARDINAL
20
|
| answer you as to one or two films |
3.901 |
Jump to 10388.939 |
CARDINAL
one
CARDINAL
two
|
| Brothers film that movie is over 500 |
6.06 |
Jump to 10438.74 |
|
| million domestic over a billion dollars |
4.981 |
Jump to 10442.399 |
CARDINAL
million
|
| that one and just so many films this is |
5.82 |
Jump to 10475.52 |
|
| our com score data we're gonna have 30 |
5.46 |
Jump to 10490.939 |
CARDINAL
30
|
| than we had last year 30 more are we |
7.801 |
Jump to 10496.399 |
DATE
last year
CARDINAL
30
|
| were down 41 films in 22 versus 2019 so |
6.36 |
Jump to 10499.52 |
CARDINAL
41
CARDINAL
22
DATE
2019
|
| for 2023. well Paul that being said |
5.221 |
Jump to 10516.319 |
DATE
2023
|
| though we are still about 20 below |
4.141 |
Jump to 10519.439 |
CARDINAL
about 20
|
| pre-pandemic level so two questions for |
4.08 |
Jump to 10521.54 |
CARDINAL
two
|
| you on that front one how do we get |
3.899 |
Jump to 10523.58 |
|
| standard and two there's been a lot of |
4.321 |
Jump to 10527.479 |
CARDINAL
two
|
| let's say we get to over 9 billion |
4.32 |
Jump to 10544.1 |
MONEY
over 9 billion
|
| domestically typically you'll get to 11 |
5.64 |
Jump to 10545.96 |
CARDINAL
11
|
| billion 11.4 billion dollars was the box |
5.64 |
Jump to 10548.42 |
MONEY
billion 11.4 billion dollars
|
| of 2019 11.9 billion in 2018. this year |
6.299 |
Jump to 10554.06 |
MONEY
2019 11.9 billion
DATE
2018
DATE
this year
|
| we're going to get to over 9 billion |
3.719 |
Jump to 10558.68 |
MONEY
over 9 billion
|
| could we get to 10 billion that remains |
4.62 |
Jump to 10560.359 |
CARDINAL
10 billion
|
| not we get back to 11 billion |
4.02 |
Jump to 10583.04 |
CARDINAL
11 billion
|
| domestically or over 40 billion globally |
4.979 |
Jump to 10584.42 |
MONEY
over 40 billion
|
| the pandemic for two two and a half |
3.899 |
Jump to 10611.96 |
DATE
two two and a half
|
| years almost three years and now it's |
4.561 |
Jump to 10613.819 |
|
| 2023 but real quickly what's the chatter |
4.979 |
Jump to 10648.38 |
DATE
2023
|
| about potentially 2024 yeah I mean |
4.8 |
Jump to 10650.479 |
DATE
2024
|
| summer again one that could rival |
3.9 |
Jump to 10679.22 |
|
| nothing like it so I'll be there first |
4.74 |
Jump to 10689.72 |
ORDINAL
first
|
| indeed my nine-year-old is still raving |
4.561 |
Jump to 10707.479 |
DATE
nine-year-old
|
| expectations we see that that's up 21 on |
4.62 |
Jump to 10733.46 |
CARDINAL
21
|
| lately two major players in Palo Alto |
4.98 |
Jump to 10738.08 |
CARDINAL
two
GPE
Palo Alto
|
| morning shares slumping to a three-year |
4.38 |
Jump to 10758.479 |
TIME
morning
DATE
three-year
|
| as you can see shares down more than 15 |
2.88 |
Jump to 10766.939 |
CARDINAL
more than 15
|
| almost 20 percent this year the results |
3.901 |
Jump to 10771.979 |
PERCENT
almost 20 percent
DATE
this year
|
| Cooper I'll be back with you at 11 A.M |
4.821 |
Jump to 10791.779 |
PERSON
Cooper
CARDINAL
11
|