Trying to go big. Hes a key part of the success of many Silicon Valley startups. Hes a approviesoris at Stanford School of business. His book is scaling up excellence getting to more without settling for less. This is, by my count, his sixth book. Joined by Martin Jonathan elias of the economist and Colleen Taylor of tech crunch. So this idea of scaling up i saw one founder i think they use this all the time, go big or stay home. Go big or go home. Its more complicated than that. Thing get weird when you get big. They do get weird. And its interesting you mention heresay and the ceo. We just interviewed her recently. And shes kind of got that attitude thats the best founders do its time to hit the gas, and theres times to hit the brake. Its the old thing, if you is a really fast car, its good to have really good brakes. One of the things from talking to claire, they do at heresay is theyre clear about hiring people and kind of brainwash them and weeding them out so theyre all on the sa
Whats really happening behind the scenes on a day like today where the dow plummeted, 128 points and the nasdaq declined, nice rally there,. 28 which was quite a rebound from the lows versus the dow down 460 points in one point and still representing another assault in the markets psyche. You know what some todays action had less to do with the fundamentals and more to do with how Big Hedge Fund react to a selloff. You will learn something tonight. This bruising was about the flawed mechanics of the market. What its really like in the trenches of the session so to speak. Fortunately, ive lived if had those trenches. Let me tell you, on days like today it is nasty as all get out in there. In fact, you need to understand just how much pressure the actual sellers of merchandise can put on your stocks because at times like these, its these sellers who control the the action that hurts your pocketbook, not the actual performance of the companies themselves that you own shares in. First, why
Why not get two straight months of unemployment . Usually a third fo how about you . I didnt see it. Meanwhile, a whole group of managers were bending the opposite eway. Then the economywa was going to shake off what they said was weatherrelated lethargy. And we see that with a strong report. As i have been saying, one of the camps are wrong, both sets cant bese right. Sure enough, those thought the economists were going to stay slow andta they completely blew it. How do we know that . We can tell from which . Stocks gotto hammered today. The stocks areto copies that do wello without economic growth. These all got hammered. They put up tremendous growth through thick and thin. We are in thick mode after this employment number where a whole bunch of other stocks can show accelerating growth that typically dont have it. And thats what the market wants, the employment number to grow, rotation. Nothing is Crystal Clear in the stock market with so much happeningma ahead of the data w focus
Nasdaq actually slid. 37 . I mean, what is happening here . First, weve got to remember the stock markets not a Cheerleading Squad for better employment. The market has written a whole book about get rich carefully is about expectations and predictions and placing bets on them. We had a highly unusual situation develop in this particular jobs number. I havent seen it like this in years. Many, many Money Managers, including Money Managers invested in bonds truly believe that the economy has softened and this number would be very weak. Maybe the weakest in ages. Why not get two straight months of weak employment, usually a third follows. February didnt seem like anything to write home about for me. How about you . I didnt see it. A group of managers were betting the opposite way. Betting the economy was going to shake off weatherrelated. As ive been saying for weeks now, one of these examples had to be wrong. Both sets of buyers couldnt be right. Sure enough, those who thought the econom
Wanting to do harm to people in our community you will go where you have a governor saying come on in. Crushing alabama. You cant write a hollywood script like this. Only god can do. This and thats a fact. Go big or go home. Go, go go big or go home go, go go big or go home. Brian that office looks so familiar. Where have i seen that before . Steve the resolute desk in the obama office. That is the chair the president will be sitting in the building in the west wing you will see it live tonight 9 00 p. M. Fox news channel. Sounds like the president is going to make the case that the situation on our southern border is a National Emergency and they have figured a way to reprogram 5 billion to build that darn wall because the democrats wont give him the money. Ainsley its a big wall and he is going big by doing that from the oval office. This will be the first time that he has had andreas from the oval office as president. All the networks are going to cover it would will be covering it.