David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David you actually started out, you wanted to be an actor, and after a number of years you abandoned that. Have you ever thought that, you know, the country and the world has now missed having another de niro or pacino by your not being in the acting world . Leslie no, i think it was a great benefit to america that i decided to give that up and go to the other side. I think fairly early on and i was smart enough to realize that probably three or four or five years into my acting career, that i was sort of a mediocre actor. I was also tending bar more than i was acting during those years. And i looked around, and i said, you know what, there are people who do this a lot better than i do. Theres probably Something El
Just leave it this way . Alright. David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . How do you define leadership . What is it that makes somebody tick . David you actually started out, you wanted to be an actor, and after a number of years you abandoned that. Have you ever thought that, you know, the country and the world has now missed having another de niro or pacino by your not being in the acting world . Leslie no, i think it was a great benefit to america that i decided to give that up and go to the other side. I think fairly early on and i was smart enough to realize that probably three or four or five years into my acting career, that i was sort of a mediocre actor. I was also tending bar more than i was acting during those years. And i looked around, and i said, you know what, there are people
Alright. David i dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David you actually started out, you wanted to be an actor, and after a number of years you abandoned that. Have you ever thought that, you know, the country and the world has now missed having another de niro or pacino by your not being in the acting world . Leslie no, i think it was a great benefit to america that i decided to give that up and go to the other side. I think fairly early on and i was smart enough to realize that probably three or four or five years into my acting career, that i was sort of a mediocre actor. I was also tending bar more than i was acting during those years. And i looked around, and i said, you know what, there are people who do this a lot better than i do. Theres probably Som
Is this about the treasury market . Its a little bit about everything. I mean volatility is bark. Weve seen that since late last week into this beak. It has been a most wild ride yesterday and the day before. The biggest number one and two point swings ever in history. So the volatility in equities is back. Some has a correlation to what weve seen in treasury yields. Weve saw them pull back a couple days today, moving higher. We had the budget approval. That brought uncertainty, billions of dollars to be spent over the years ahead. Took us off the earlier highs. In the morning just like yesterday we started off to the downside. Less dramatic. Same pattern. Were down 12points 127 points at open. In the end we flatlined. Were down 19 points. We nearly lost 400 points of gains. Thats too bad because we obviously seen a runup. The big picture volume is here, volatility is here. We have to digest some moving parts. Treasury yields dont always have inverse relationship to stocks. And in this