I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . Many people in the investment world have bought sports teams. Im not one of them, but i do admire others who have fulfilled their ambitions to get involved in sports. One of them is steve ross. He bought the Miami Dolphins a number of years ago, redeveloped the stadium area, and this year, he was the host for the super bowl. Its an incredible diversion from all of the other successful things he has done. Almost everything he touches works out quite well. His business interests, his real estate interests, and now his sports interests. One of the early signers of the giving pledge, he has given away hundreds and hundreds of millions of dollars for education, among other major purposes. I really admire him as an investor, b
All right. I dont consider myself a journalist. Nobody else would consider myself a journalist. I began to take on the life of being an interviewer, even though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . David many people in the investment world have bought sports teams. Im not one of them. But, i do admire others who have fulfilled their ambitions to get involved in sports. One of them is steve ross. He bought the Miami Dolphins a number of years ago, redeveloped the stadium area, and this year, he was the host for the super bowl. Its an incredible diversion from all of the successful things he has done. Almost everything he touches works out quite well. His business interests, his real estate interests, and now his sports interests. One of the early signers of the giving pledge, he has given away hundreds and hundreds of millions of dollars for education, among other major purposes. I really admire him as an
Uber. Can you fix your tie please . All right. I do not consider myself a journalist. No one else would consider myself a journalist. I took on the life of being an interviewer even though i have a day job of running a private equity firm. How do you define leadership . David what is it that makes somebody tech . Tick. Ofare here with the chairman saudi aramco and the head of the pif, which is the saudi Sovereign Wealth Fund. You have both jobs. How do you allocate your time between running the Sovereign Wealth Fund and being the chairman of saudi aramco. Doesnt that take you 80 hours a week to do . Aramco role is chairmanship. I do not have the executive chairmanship role. In aramco i focus on four things strategy, thehe targets, the annual targets, monitoring of performance, and managing the actual reports. Ma board member of pif, imf board member of the pif but i am a there is board member of the pif but my role there is executive. Changed. Oard was it became chaired by the crown pr
Annual ces event in las vegas. We hear from the heads of micron, qualcomm, Verizon Media, and queen vee. And Tesla Ceo Elon musk cuts a rug after delivering the first customer cars from the shanghai factory. Shares touch record highs. Our top story this week brought increased tensions between the u. S. And iran. Last friday, a military strike in Baghdad International airport took out one of irans top generals. Tehran responded by launching missiles at u. S. Interests in iraq. It all roiled the markets and created new fears of cyber warfare. CyberSecurity Firms like cloudflare were up this week as a result. I was joined by marcus salary the director of strategic threat tracei Security Firm dark and our cybersecurity reporter. I think there is a significant distinction between irans conventional battlefield capabilities and where they are on the cyber front. They are never going to go to totoe with the united states, at least in this realm, in a conventional battle. In the cyber realm, t
Different things in it. Moderating but still good economy. Pretty good given where we are in the business cycle. It still checks a lot of boxes. It does not change any expectations about economic prospects. The trends will continue. We are now we were before the employment report. Wage growth may be a little slower, but it is still right around 3 . We are in an extended period of exceptional mediocrity. An economy thats slowing gradually. We are stuck in this world for the time being, but maybe its not a bad world. Jonathan joining us around the table is priya misra, George Rusnak and gershon distenfeld. Can we begin with that quote from mike collins. A period of extended mediocrity. Are we . Priya the labor report is a little weak, but in our view, it is a lagging indicator. I am struck by the fact that aggregating income continues to accelerate. If we hang our hat on the consumer, that is the engine of growth. We are in this mediocrity aspect, but if there is no engine of growth i do