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Markets. Dow is up 181, 30,150, all three of the averages setting record highs today. Shannon, you have made some very interesting moves in your portfolio, both what you have trimmed and what you have added to first to what you have trimmed apple and microsoft. T tell me why. So really two different stories here, scott. First of all, ill start with microsoft. As i talked about on the show, this is our Largest Holding and remains a very high convince for us we still have a lot of confidence in azure and the endtoend software it offers but from a portfolio perspective, it was time to trim apple, weve seen a significant runup, 75 in the last year and we really feel like a lot of that has come on multiple expansion. Weve gone from about 15 times to about 27 times. Although we do believe in the services storyand the mo monetization, we think there are better opportunities we trimmed back from a market weight to an underweight were goi ....
4 00 in the morning we can tell you joe biden is overperforming from where Hillary Clinton was 81 of that vote in but still 20 of maricopa is out. One of the reasons why we cant project the state just yet. One of the stronghold, pima, tucson, 6038, overperforming there. The trend so far and its been holding for the last two to three hours, you would know better than me, democrats are in a good position in arizona but its just with 20 out you just cant project it yet. Whit johnson, the vote is just trickling in, that remaining vote. Reporter were getting more clarity on the outstanding ballots that exist. We just talked to Maricopa County officials again and we keep going back to them because as we mentioned Maricopa County makes up at least 60 of the vote here in arizona. Within the next ten minutes but talking to my ....
They i mean a lot of them you know i dont think that they really have any real experience with whats going on with people on a daily david day basis i mean you work alongside a lot of these government things is it really that big of a divide you know i mean we got out of debating because the majority of them dont actually they visit their districts in very small amounts of time typically around fund raising if were talking about senators before the most part theyre theyre getting bundled in bankrolled by large corporations and lobbyist so theres a very little connection between them in the places that they actually serve and the ear that is often listened to the most or that you know that spoken to the most is that of the lobbyist in the special interest not that of the everyday american i think that we resolve this definitely at the crash of 08 which i do think that president Obamas Administration did as much as they could ....