Its leader has an arrogance to match. Mike if i was going to go out and pitch this right now, it would be a very detailed plan. It wouldnt be anything like this. Lemonis im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman people are here because i care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. Hatbox is a local hat store in downtown austin and it specializes in any kind of hat. Literally any kind of hat that you can think of. Now, we know that the accessory business is a fast growing business but to have a whole business just on hats i was intrigued by it. Jaron hi. How are you . Lemonis hey, good. How are you . Jaron im jaron. Lemonis jaron . Jaron yes, sir. Lemonis nice to meet you. I love your hat. Jaron thank you. Lemonis this place is bigger than i thought it was going to be. Got to love hats if you work h
Welcome to squawk box. Im Andrew Ross Sorkin along with joe and melissa lee, becky is off the s p looking to open about 12 points higher. Well explain why some of this is happening and lets show you treasury yields as well the ten year note right now looking at 0. 931 . But maybe a little bit of an explanation coming up here, melissa . Yeah, some optimism Mitch Mcconnell said that compromised deal was within reach and well get a live report from washington at 6 30 a. M. And we heard it before, but it seems like btoth sides are comig a little closer. On a much lower number. And im just thinking about, i dont know, andrew, what did we do to deserve this i mean we are living right or i mean, who ushered in the new week on squawk box on monday who is helping us usher out the week that was on squawk box . A monday and a friday. Is this46 w was this planne melissa, what did we do to deserve this not wouldby not by me how long has it been, stimulus vaccine i guess the election, although we do
Buy the cyclical stocks. On a day the market got hammered, nasdaq declining just. 06 lets remember what actually took us to these record levels in the first place because those stocks are still the best in jump you know what i am talking about. Talking about a termite coin i am talking about faang yeah, faang, facebook, apple, netflix and google these stocks gone out of style on the wall street fashion show. Smart money keeps telling me to get out of these small stocks and into the russell 2,000 they want you to forget faang and big on everything better with the vaccine there is some stocks that become a lot less attractive when the world goes back to normal. Oh, but not faang. These companies are living and breathing organisms. They are so powerful theyre not connecting to the economic win theyre in charge of their domestici desti destiny. They dont care whos in the white house. It put a target back while zuckerberg fights the government, it would be better if he didnt have to so they
Lemonis . And most of all, learn her numbers. Ana listen, guys. I cant give you exact numbers. Lemonis im not going to write a check for somebody that doesnt have their [bleep] together. I wont do it. Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. Woman these people are here because they care. Lemonis its not always easy, but i do it to create jobs, and i do it to make money. Do we have a deal . Lets rock and roll. Man yeah lemonis this is the profit. I was contacted by a miamibased former lawyer named ana quincoces. She has a marinade and Sauce Company called skinny latina. Ana started the business 6 years ago, but so far, she hasnt been able to make the brand bigger than a regional product. The sauce and marinade industry is a gigantic opportunity, but i have two primary questions. Number one what makes this sauce stand out in a crowd . And number two is this a real business, or is this just a sidehustle . Woman Everything Else
Jimmy that is a simple thing. Lemonis while they overhaul their business. How many more seats can you pick up when you guys are busy . Maybe you pick up eight more seats. More importantly, their relationship. Jimmy basically every single thing ive ever said for you to do was, no, were not doing it that way. Were doing it my way. Lemonis . So they can heal from the devastating family tragedy that still hangs over everything that they do. Dante not everything has to be a fight. Lemonis we got to fix this tension between you guys. You lost your wife. You lost your mother. Do you guys want to lose each other . Im marcus lemonis, and i risk my own money to help businesses. I love investing in american businesses. These people are here because they care. Its not always easy, but i do it to create jobs, and i do it to make money. Man we have a deal. Lemonis lets rock and roll. Man 1 yeah man 2 lets do it. Lemonis this is the profit. I have a special attachment to Family Businesses primarily b