So, scott cooper, what does a Venture Capitalist do . Basically what we do is we provide money to companies that are trying to grow and hopefully arbecome very Big Companies like facebook or google or apple someday and then if we are doing our jobs correctly we are also helping them grow the company so we dont work in the businesses but hopefully we can provide introductions to them and help them navigate new challenges as they go through the business so we like to think of ourselves as a money provider and hopefully a supporter as the business grows. Why cant a company such as a the one you describe go through a bank and do traditional avenues. Good question. The problem is most of the businesses we reinvest in our ricky businesses and lose money for a long period of time as they invest in banks are just not in the business of doing that or taking risk of losing their capitals so we are willing to take that risk and in fact half of what we invest in will lose our money and any bank wh
The Halftime Report starts right now. Welcome, good to have you on this our investment can, jim lebenthar at Gilman Hill Asset management we begin with market, stocks suffering the biggest one quest lies ahead when it is time to take some profits as the calendar turned and continued to ride the momentum, and we do, joe, have a lot of momentum. Youre not going to fault anybody for taking chips off the table given the run weve been on no, and consensus very optimistic which is unique to the environment we were in one year prior listen for someone very tactical it makes sense to believe that you will get a correction sometime in the next couple of months, this validity in the assertion and you can tactually trade around that. Defining the playbook for 2020, what particular sectors are going to carry you where you want to be for the end of the year and if you reflect on 2019, scott, been all about technology you take the s p year to date. The s p tech return, up 31 . Do you know technology
Number of cars being hit by objects along highway one o one continues to rise, so does the reward the chp is offering for information leading to an arrest since thursday, 12 more cases have been reported in the chp says is now willing to offer 14,500 to anybody who can help them with this cake kron fours noel bello has more on this months long investigation. A total of 62 cases of objects being launched at vehicles have been reported to the california Highway Patrol since february though that is a small fraction of the amount of vehicles that travel this several mile stretch of highway each and every day the chp says theyre taking this Public Safety issue very seriously we are getting a lot of these each day from citizens calling in we have a lot of investigative assets out in the field, we have a fulltime task force. Its a stretch of highway now causing concern for drivers in Monterey County over the last 10 months, dozens of vehicles, including a school bus and other windows shattere
You were going down. 401 k s right now, i met last week in new york city with a very, very fine group of policemen. They were all so happy about their 401 k s. They feel like they are geniuses he said, im up 39 . I see all the guys carrying the booms are smiling. Are you up too yes, he is he has the one thats the highest and the closest. He is a good boomer but he has a big smile on his face, right thank you. Thats very nice they are usually with the press. They wont admit it but he does, because he is beyond the press i just want to say that people are up 30 , 40 , 50 depending on whats in there they are very, very happy. We think we are going to grow that a lot more. We think the economy has a long way to grow. It needs the tax cut and all that money is going to be spent on expanding businesses. We have so many Different Things in this bill that are going to create jobs. For me, this is a bill very simple it is a massive tax cut for the middle class and it is about jobs the jobs are
Meeting with those finalists to be his apprentice, or more accurately running may. Our Political Panel is reacting and giving important insight ahead of what we are expecting today which are brandnew state polls. This happens as the United Kingdom get the new Prime Minister. Teresa may now the leader tapped with an ugly divorce from the eu answer country looks to hook up to other nations both big and small. We are live with ambassador gordon gray of the us and israel, what she needs to do to save her economy. On wall street check it out. Record closes on site right this second as the tao in the s p fight for a new page, the tao jumping 32 points, oil is sputtering below 45 a barrel. We are less than an hour to the closing bell, the markets, poke stocks on play, start the countdown. The bull are fighting for oxygen in the final hour of trade and have it at the moment right out of the gate this morning, the tao and the s p hit new record highs and lost them but now they have got them bac