Decades i have been an investor. The highest calling of mankind ive often thought was private equity. Then i started interviewing. I watched your interview so i learned how to do an interview. I have learned from doing my interviews how leaders make it to the top. I asked him how much he wanted and he said 250 and i said fine. I did not negotiate with them and did no due diligence. David and how they stay there. I would have i have something i would like to sell. And how they stay there. You dont feel inadequate being only the second wealthiest man in the world . Is that right . One of the most successful Business Executives in the world over the past 10 years has been Bill Mcdermott. He took s. A. P. To record heights and is doing the same with service now. I had a chance to sit down with Bill Mcdermott in new york and had him describe to me how he came from very modest roots to the top of the corporate world and how he inspires his troops, inspires his customers, and loves his job. I
Equity. Then i started interviewing. I watch her interview so i know how to do interviews. Ive learned from doing my interviews how leaders make it to the top. I asked how much he wanted, he said 250, i did it negotiate. David i have something id like to sell. You dont feel inadequate now because being only the second wealthiest man in the world, is that right . One of the most successful Business Executives in the world over the past 10 years has been bill mcdermott. He took s. A. P. To record heights and is doing the same with service now. I had a chance to sit down with ill mcdermott in his offices in new york and had him describe to me how he came from modest routes to the top of the corporate world and how he inspires his troops, inspires his customers and loves his job. In october of 2019, you surprise the Business World by stepping down as the ceo of sap, a very Large Company whose value had more than doubled during your coceo and ceo position. You took a position with a smaller
Road map begins with the global stock rally, tech futures pointing to a higher open ahead of the holiday. Ceo meg whitman saying she will step down early next year shes going to join us in a live exclusive and perhaps final interview in a few minutes. And President Trump weighin in on the at t time warner merger saying the deal is not good for the country. Stocks looking to continue their upward momentum, technology was tuesdays Top Performing sector along with apple. The first time thats happened since july of 2015 q guys i think its 25 times weve had the dow and s p and nasdaq 28 times set records on the same day surpassing the record we got back in 1995. Which just sort of shows you that the dips have been so shallow, that any time you get the three indexes rising this year, chances are they are going to be in new record territory. It was are the everything rally yesterday. After last weeks little backup in the indexes and high yield didnt open up any cracks, people felt lets try fo
Peace process. The president s announcement could have serious ripple effects on the world even the pope is weighing in recognition of jerusalem is the news from the president of the United States. This marks a departer from democratic demonstrations of the past here they continued to keep the embassy in tel aviv not moving into the touchy question of what the status of jerusalem ought to be the administration will not move to jerusalem immediately they said the process will be kicked off by the president of the United States. It could take some period of time, possibly years before an embassy is built in jerusalem and the site located and security put in place and the Embassy Opens and begins functioning in jerusalem the president is expected to recognize that it is the capital and that is expected to touch off reaction among palestinians who very much view East Jerusalem as the capital of a palestinian state. We will see what the president has to say here at the white house in a coup
Much bigger problem. Hello and welcome to daybreak asia. Im in haidi lun. In newim betty liu york. Some investors here watching the and saying is that a ticking time bomb that eventually will go so high that it only has one direction which is down. And big correction. So far, so good. I want to pull up a chart here. What is so fascinating, the vertical lines that you see represent days when all three indexes, the s p, nasdaq and dow, reached records. Take a look at how many of those days we have had in just the last four months of this year. We kind of took a break in the middle, and big gap but look at this as we continue to head towards the end of 2017. No doubt a big santa claus rally, right . Haidi absolutely. You look at that. I know we get the occasional pullback but for the large part it is defying gravity. It feels with the momentum building intoit feels with the m building into tax, we will get something before christmas, that we are squeezing everything out of visible run bef