I asked him how much he wanted. He said 250. I said fine. I didnt negotiate with him. David the famous fund manager, peter lynch, once said if you like a product, find out who the owner is because maybe the owner represents a good stock to buy. On that principle, when i heard my family kept going to a company in my neighborhood called fresh fields, an organic food chain, i began to say maybe theres an investment here, so i looked into it, and it turns out fresh fields was looking for some capital. My firm invested. We love the company. Then along came a Company Called whole foods, who said they wanted to buy it. I initially said i didnt want to sell, but when i met john mackey, i realized he had a gifted vision of where this business was going to go, so we did sell, and it turned out he was right. He built an incredible chain, and i still go to the store almost every day. What compelled you to start safer way and then whole foods . You were at university of texas. And did you drop out
You have like and shin Traditional Companies like i. B. M. Or 18 t. Or something where you have this you know history of hierarchy showing up for work etc will these giants have trouble operating as efficiently as they were with you know people working from home. Were were seeing it across industry and across size of company in across age of company and even c. E. O. s are making statements that they surprised themselves that theyve been converted you know not everybody not every organization is going to have a huge percentage of their employees working remotely and i think its important to say that its not likely to be a full time thing meet the sweet spot is 2 to 3 days a week and thats been true you know as long as ive been doing this for for almost 20 years a Community Going to be some people that are fully remote but you know i dont think these Large Companies are suddenly going to give up all the real estate and the fact is we do individual work and we do teamwork and what weve l
So as we await those developments, weve got the dow, lets check it here, up 52 points. The s p better by 15. The nasdaq, up 58. All three of these indexes were down double to triple digits earlier. Right now, the nasdaq has been on fire. Now, since the march lows, its been the winner, right . The home of apple, facebook, microsoft and so many of the tech blue chips is a stock that is up. Nasdaq ceo is here to tell us where she sees big tech and all the other sectors in the nasdaq heading in the near future. And what might happen after the november 3rd election. Plus the zillow cofounder is not house hunting, hes Company Hunting. Hes here to tell us what hes looking for for his blank check company, his spac called super nova which just blasted off. Selfdriving cars, speaking of blasting off, roaring into the future and the present, hitting the streets of San Francisco without a backup driver for the first time. Gms cruz ceo here with how its going and should he convince you guys to get
Again in about an hour with another look this is our to International Stay with us. Welcome to visionaries. Has forced the world to embark on a remote work experiment is it merely a task. Or are a new reality will it transform working life as we know it by lets find out. Workplace analytics. Kate lister president of Global Workplace analytics great to have you with us today. Here now with the pandemic Remote Working is finally mainstream but how long will this effect last i mean will telecommuting lose momentum up to were done with a virus. I really dont think so i think weve reached a Tipping Point already about 6 percent of the population and this is just going to throw it over you know youre Hearing Company after company that says theyre going to continue this after the pandemic the big thing that changed is that managers are no longer afraid of it thats the thing thats been holding back remote were since the 1970 s. When they were telework was invented now that theyve done it they
1970 s. When they were cello or was invented now that theyve done it they understand that its possible and that they can manage people remotely but im thinking for instance necessity is forcing companies to tell their employees to stay home like you sat on the market like we have many different kinds of companies lets say a socalled startup would probably have no trouble doing work remotely but then you have like and sion Traditional Companies like i. B. M. Or 18 tea or something where you have this you know history of hierarchies showing up for work etc will these giants have trouble operating as efficiently as they were with you know people working from home. Were were seeing it across industry and across size of company in across age of company and even c. E. O. s are making statements that they surprise themselves that theyve been converted you know not everybody not every organization is going to have a huge percentage of their employees working remotely and i think its important