And 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 . You are clearly one of the worlds most Successful Technology investors and one of the worlds most successful businessmen. Let me start by asking you about a fund that you are now raising, the vision fund. It is supposed to be a fund of 100 billion . Masayoshi yes. David now that would be the biggest fund ever raised. So, when you told people you were going to raise a 100 billion fund, did they tell you were a little bit crazy . Masayoshi some people said. [laughter] david you had a meeting with the man who was the deputy crown prince of saudi arabia, who is now the crown prince of saudi arabia. As i understand the story, you went in and in one hour you convinced him to invest 45 billion. Masayoshi no, no, it is not true. David ok. [laughter] masayoshi 4
Yesterdays record drop played out. This is a time lapse video of what happened with the dow down 200, down 300, down 400 as you got closer to the end of the day, down 1600 points almost at one point by the end of the session, 1,175 point decline. Decline of 4. 6 . This is the biggest point drop in history add it up, the dow traveled 5100 points yesterday down 4. 6 does not rank in the top 12 or 15 declines weve ever seen the biggest decline was october of 1987, a 22 decline this was enough to get peoples attention. The dow and s p lost more than a third of their 2017 gains just during the last two sessions if you were wondering what else was going on behind the scenes, volatility this was the big story volatility is back yesterday we were talking at this time about volatility being up at 17 that was a big deal. By the end of the session it was above 35 for a gain of 115 . This morning you see volatility up once again, another 14 this morning, 4262. Mike santoli, this is something that
David i dont consider myself a journalist. And 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. Though i have a day job of running a private equity firm. How do you define leadership . What is it that makes somebody tick . You are clearly one of the worlds most Successful Technology investors and one of the worlds most successful businessmen. Let me start by asking you about a fund you are now raising, the vision fund. It is supposed to be a fund of 100 billion . Masayoshi yes. David that would be the biggest fund ever raised. So when you told people you were going to raise a 100 billion fund did they tell you were a little bit crazy . Masayoshi some people said. [laughter] david you had a meeting with the deputy crown prince of saudi arabia, who is now the crown prince of saudi arabia. As i understand, you went in and in one hour convinced him to invest 45 billion. Masayo
David i dont consider myself a journalist. And 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 . You are clearly one of the worlds most Successful Technology investors and one of the worlds most successful businessmen. Let me start by asking you about a fund that you are now raising, the vision fund. It is supposed to be a fund of 100 billion . Masayoshi yes. David now that would be the biggest fund ever raised. So, when you told people you were going to raise a 100 billion fund, did they tell you were a little bit crazy . Masayoshi some people said. [laughter] david you had a meeting with the man who was the deputy crown prince of saudi arabia, who is now the crown prince of saudi arabia. As i understand the story, you went in and in one hour you convinced him to invest 45 billion. Masayoshi no, no, it is
Today. Certainly peppered with questions about the president s meeting tomorrow with students from parkland high school, and, of course, his thoughts on strengthening gun laws in america, something the gop and the president are seemingly open to changing gun laws in this country. Also, the issue of russian meddling in the 2016 election. The mueller investigation. Those issues are likely to come up with the press corps. Were going to take you there as soon as sanders takes to that microphone. Were going to leave both of the shots up on the screen. I would like to say hello to you. Im Cheryl Casone in for liz claman today. You know, the long Holiday Weekend not enough to erase investor fears over the issue of the month. The rising Interest Rates, the yield at 2. 9 this morning. Stocks mixed right now. The dow at lows of the session, barely off of them now, 228. 241 was the low a couple of seconds ago. We are on track for the dow to snap the sixday winning streak at the close. Another vol