I remember sitting with steve jobs and i asked him why did you do what you do . And he said, life is like a river. You get to pick things out of the river, really cool things people have done, they put before you in the river, great devices or great ideas, but after a while you r great devices or great ideas but after a while you realize it is not how much you take out of the river but how much you put into the river, what you leave behind so your spirit is so manifest after you have been gone. Whether it is Robert Einstein or Benjamin Franklin or anybody else they did have a connection to something supernatural, something larger than themselves. Host from 2011 to your book and steve jobs, the opening sentence in your the 2004 got a phone call from steve jobs. Why did he call you . I had written a biography of Benjamin Franklin and Albert Einstein and his it why do you do me next . My first reaction was okay, Benjamin Franklin Albert Einstein, you . Then i realized he had been sick fig
Trying to go big. Hes a key part of the success of many Silicon Valley startups. Hes a approviesoris at Stanford School of business. His book is scaling up excellence getting to more without settling for less. This is, by my count, his sixth book. Joined by Martin Jonathan elias of the economist and Colleen Taylor of tech crunch. So this idea of scaling up i saw one founder i think they use this all the time, go big or stay home. Go big or go home. Its more complicated than that. Thing get weird when you get big. They do get weird. And its interesting you mention heresay and the ceo. We just interviewed her recently. And shes kind of got that attitude thats the best founders do its time to hit the gas, and theres times to hit the brake. Its the old thing, if you is a really fast car, its good to have really good brakes. One of the things from talking to claire, they do at heresay is theyre clear about hiring people and kind of brainwash them and weeding them out so theyre all on the sa
Extra 40 in money. Fremont high doesnt even have a library. We need a working auditorium for our drama. We need more computers on our campus. If you came to our campus and saw our computers, you would laugh. 700 students or so you have one counselor. Reporter even the founder of a Charter School opposes the latest idea. Overwhelming majority of people that i hear entering into the conversation for these five spaces are not from this community, have no track record of consistently serving the highest need kids in the community. Reporter she wants help for her school but sees it as another failed attempt. They are just like giving up on us, like oh, im going to put guys on the market. I dont know whats going to happen to your teachers. I dont know whats gonna its really frustrating. Reporter the new superintendent says he is not committed solely to charters. He says most likely, some of these schools will end up being districtrun. He says whoever has the best idea and can be embraced by
Is factoring and janet yellen taking over the role. They are focusing a lot more on what is coming from the washington. Today we get fed minutes. Just wanted to take a look at some names that are under pressure. Some of them social media type stock. When you look at the group, when you talk to the pros, they just say that this is some pulling back on some great runs. Tesla is up nearly 400 . There is some profit with the uncertainty. Lori you can certainly see that. Thank you, nicole. Adam lets talk about earnings. What is making the s p iq so bullish . Christine shortt is with us. Why are you so bullish right now . The analysts giving a 3 , you know, expectation for the third quarter. As we know, as we head closer to an earnings season, analysts to lower their estimates. We are looking for 6 . 3 has come down quite a bit. Adam we are still talking about earnings per share on average of 26. 92. It has come down a little bit. 26. 84. Right now we are a little lower than the highest we h
0. 4 . Then this afternoon, well get the feds beige book. As for earnings central, bank of america is expected to post earnings of revenue of 20. 2 billion. Other corporate headlines for you, General Motors, theyre going to be paying their first Quarterly Dividend on its common stock in almost six years. The stock rising on news in extended trading. Lets go now from autos if we can to air lines. A japan air boeing 787 now grounded at together yoeps ae airport today. Regulators there are demanding checks to see if the aircraft is fit to fly. Yesterday, white smoke vented apparently from the plane in a battery shell showing signs of melting. Boeing says the problem was discovered during scheduled maintenance. And the good news, no passengers were on board. On wall street, a Federal Reserve official is going to be telling lawmakers that regulators expected to write more rules. So all of the Big Department about Goldman Sachs carrying aluminum around. The rule could include higher Capital