Night because i cant forget welcome to squawk alley for a wednesday morning im Carl Quintanilla with jon fortt, Julia Boorstin joins us for the hour for which were appreciative interview with intel ceo bob swan later this hour later exclusive with nfl commissioner Roger Goodell a lot to get to. Well start with the s p and nasdaq notching another record intraday high. Got 12k on the comp. Former ceo of twitter now general parter in of owen advisers Dick Costello is with us great to kick off the morning with you. Great to hear you all i dont see you. Julia and i did our first live tv interview together back in 2009 when i joined twitter so to julia. Great to hear you. Thats worth celebrating, dick wow. Takes us all back. Youve had some i always tease you about Capital Management and you had some great tips in recent months that the mongo dbs of the world and theyve worked how long do you think theyre going to continue to work . Yeah. Its a great question. I got to tell you, when i was on
Im here to level the Playing Field for all investors. Theres always a bull market somewhere, and i promise to help you find it. Mad money starts now hey, im cramer. Welcome to mad money. Welcome to cramerica other people want to make friends. Im just trying to make you some money. My job is not just to entertain but to educate and teach so call me at 1800743cnbc or tweet me jimcramer. Now, i know the president is a place to do business, and threatening sanctions against unfair trade practices, but another way to do business with america. You can buy one of our finest exports. With the fact that the defense is the only thing republicans like to spend money on, no wonder this group has been so strong hopefully lockheed will say something. A Modest Company that cases a quick dip so you can get in. Each quarter pfizer tries to come up with something new to intrigue us. Abbvie is up 13 i wouldnt hold your breath if you are waiting for that kind of thing from pfizer. Pfizer is like a utility
Against American Companies is a suckers game because of our innate progress and natural expansion even as the markets day to day gyrations wont always be positive like todays mixed session where the dow gained 32 points. S p declined 0. 07 , and nasdaq just dipped into the red at 0. 02 although it could be heavier tomorrow because disappointing numbers from starbucks and alphabet that may not be offset by what looks to be a strong microsoft performance. For almost his entire investing life, buffett has made the point that you can generate great wealth by owning the best of the best, not flipping them, not flitting in and out, but getting on and staying long. I think hes got an edge on all of us. In addition to having the finest mind for investments of his generation, hes got a team of people who can stay up on his stocks. I always say if you cant stay up on your homework, if you cant research and examine and spend time knowing what you own, if you couldnt give me three bullet points on
I was joking. Im sorry. [applause] zero, yeah. Ladies and gentlemen, please join me in one more round of applause for these wonderful young people who have share the musical talent. [applause] before we close i would like to highlight an upcoming event. Sunday, december 6 at 12 noon here in the east room the Nixon Foundation will host the 6th annual honoring hometown heroes event where we recognize those who have given there lives in military service from across Southern California and their families. The largest event in Southern California honoring the gold star families, and we invite you to attend and join us in honoring them. After hour ceremony concludes Staff Sergeant mills will be in the lobby signing copies of his book. If you are as inspired as i am i highly recommend you purchase a copy of the book available at a table. This concludes our program. Thank you for being here. Us are veterans, and god bless the United States of america. Thank you. [applause] book tv is on facebo
Other a little bit better we are troud from 2005 on were celebrating our tenth year. Were excited its not easy to start a new tradition were happy this new tradition is here to stay. I was informed and received a text message that mei was in city hall earlier but had to rush to a medical appointment nothing serious but were happy to have our past, present supervisor david chiu to welcome Asian Heritage month aloha. And happy mayday and lay day i want to thank you for coming to be part of my favorite moments when is the kickoff of apa i was talking about to comparing canning carman chiu in 2008, there was only one asian medical examiner now im honored to serve with 5 of us representing the diversity of our city with an asianamerican mayor weve come a long way and may is wonderful to celebrate our east ailing o to our Filipino Community to our Asian Pacific Islander Community we celebrate our history from one hundred and 60 years ago to this past year to the generations of immigrants and