22 Burst results for "Barish"

"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

03:40 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"Of the cruelty of human nature cruelty of indifference but also the ability to find happiness in the small joys of life that that's something there's nothing like a prison camp that makes you realise you could still be happy with the very very little. Yeah he was. He is description of kind of how to make Outta go through a day and actually enjoy it in prison. Campus pretty amazing. Yeah and some prison camp. I mean is the worst of the worst the worst the worst and also just I do think about the role of authoritarian states and In you hopeful idealistic systems somehow leading to the suffering of millions. And i you know. This may be arguable. But i think a lot of people believe that stalin. I think genuinely believed that he's doing good for the world and he wasn't very valuable lesson that even evil people think they're doing good Otherwise it's too difficult to do the evil the best way to do evil to believe framing away. Like you're done good and this is. This is a very clear picture of that. Which is the gulags. Nestle genius is one of the best people to reveal that the most recent thing i read. It isn't actually fiction. Oh was the the woman. I can't remember her name. Who got the nobel prize about within the last five years. I don't know whether she's ukranian russian but their interviews. Have you read that in view of ukrainian Survivors of well. I think she may be originally ukrainian. I'm the books written in. Russian and translated in english and many interviews are in moscow and places but she won the nobel prize within the last five years or so. But what's interesting is that These are people of all different ages. All different occupations and so forth and they're reflecting on the their reaction to basically the present soviet system the system they live with before there's a lot of Looking back by a lot of them with Our it been much better before. Yeah know what. I in america. We think we know the right. Answer what it means to be To build a better world. I'm not so sure. I think we're all just trying to figure it out. Yeah there's doing our best. I think you're right. Is there advice you can give to young people today. besides reading russian literature young age About how to find their way in life to find success in career just life. In general i just my own belief may not be very deeply believe it. I think you should follow your dreams and you should have dreams and follow your dreams if you can to the extent that you can and We spend a lot of our time doing something with ourselves on my case physics in your case i dunno whatever it is machine learning and this.

stalin Nestle moscow america
"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

Artificial Intelligence (AI Podcast) with Lex Fridman

05:57 min | 9 months ago

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

"How's that for transition. I'm doing my best here do you. You mentioned they used to love literature when you're younger and you're even Or hoping to be A writer yourself. That was the motivation. And some of the books. I've seen the you listed that were inspiring to you was was from russian literature like i think tolstoy ski soldier knits right Maybe generally you can speak to your fascination with his russian literature or general you from those not surprised you picked up when the russian literature your background but still when when when when. You should be surprised. That didn't make the entire conversation about the real surprise when when I didn't really become a physicist. Who wanna go on science. Until i started college so when i was younger i was good at math. And that kind of stuff. But i didn't really i came from a family. Nobody went to college. And i didn't have any mentors so but i'd like to read when i was really young and so when i was very young i always carry around pocket book and read it and My mother read these mystery stories. And i got bored by those eventually and then i discovered real literature. I don't know what age about twelve or thirteen. And so that i started reading good literature and there's nothing better than russian other sure of course and heard reading good literature so i I read quite a bit of russian literature at that time and So you asked me about the. I don't know fewer said dostoevsky. So what about dostoevsky for me Thus to have ski was important in two. I mean a lot of literature. Because it's kind of the other thing i do with my life. And he made to incredible an edition to his own literature. He influenced literature tremendously by having I don't know how to proud polyphony. So he's the first real serious author that had multiple narrators and that's that he absolutely is the first and he also was the first He began existential literature so The most important book that. I've read in the last year when i've been forced to be isolated was existential literature. It was decided to reread komo the plague all. Yeah that's a great book. It's a great book and it's right now to read it. It's about love. actually. I love for humanity. It is but it has. It has the key you should. If you haven't read it in recent years. I had read it before. Of course but theresa during this causes about a plague so it's a really fantastic to redoubt. But that reminds me of you know he was a great existential but the beginning of essential literature was dostoevsky..

komo theresa plague
"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

04:10 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"It solves a lot of beautiful mathematical problems. We have in physics and And it's it's very satisfying theoretically but it has almost no predictive. Maybe no predictive ability because it is a theory that works in eleven dimensions. We live in a physical world of three space and one time dimension in order to make predictions in our world with string theory. You have to somehow get rid of these other seven dimensions. that's done. Mathematically by saying they curl up on each other scales. That are too small to affect anything here. But how you do that and that's okay. That's an okay argument but how you do. That is not unique. So that means if i start with a theory and i go to our world here i can't unique go to it which is not predictive. And that's that's actually and that's an killer. That's a killer and string theory is it seems like from my outsider's perspective has lost favor over the years. Perhaps because of this. Lack of predictive power. I mean that science has to connect to something where you make predictions as beautiful as it as it might be so. I don't think we're close. I think we need some experimental clues. It may be that information on something. We don't understand presently at all like dark energy or probably not dark matter but dark energy or something might give us some ideas. But i don't think we're. I can't envision right now In the short term meaning you know the horizon that we can see how we're going to bring these two theories together a kind of Two part question may be just asking the same thing in two different ways. One question is jeff hoped that humans will colonize the The galaxy so expand become a multi planetary species another way of asking that from a gravitational and propulsion perspective. You think will come up with ways to travel closer to the speed of light or may be faster than the speed of light which would make it a whole heck of a lot easier to to expand out into the into the universe Why i think You know we're not f- that's the very futuristic. I think we're not that far from being able to make a one way trip to mars. That's a that's a question of Whether people are willing to send somebody on one way trip. But i think they are. There's a lot of the explorers. Burn right yeah exactly dice. Opportunity to explore new territory. Yeah so You know this this. Recent landing on mars is pretty impressive. They have a little helicopter fly around. You can imagine you can imagine in the not too distant future that you could have. I don't think civilizations colonizing. I can envision but i can envision something more like the south bowl. We haven't colonized antarctica because it's all ice and cold and so forth but we have Stations so we have a station. That self sustaining at the south ball. I've been there. It has Really yeah what's that like and there's parallels there to go to mars it's fantastic is during the journey involves going At the south pole station is run in the us by the national science foundation..

jeff antarctica national science foundation us
"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

04:58 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"I think that if we see The distributions enough of them that distributions of their massive distributions of their how they're spinning so we can actually measure when they're going around each other whether they're spitting you know like this director of spin or the whole system has any wobbles week. So this is now okay to doing that. And the year constantly kinda crawling back and back in with crawling back in time and seeing how many there are as we go back and so do they point back. You're like what is that. Discipline called cartography or something. The year like mapping this the early universe via the lens of gravitational waves not yet the early universe abilities back earlier so so black holes or this mathematical phenomenon. But they come about different ways. We have a huge black hole at the center of our galaxy and other galaxies. Those probably were made some other way. We don't know when the galaxies themselves had to do with the formation galaxies. We we don't really know so the fact that we use the word black hole the origin of black holes might be quite different on how they happen. They just after the end have gravitational field. That will bend everything in i. Do you feel about black holes as a human being. there's a there's this thing that's nearly infinitely dense can doesn't le- let late latest gape. Isn't that kind of feels. Like the stuff of nightmares i get. I think it's it's an opportunity to do. What exactly so like the early universe is an opportunity if we consider the early universe. We can learn things like i told you and here again. We have an embarrassing situation in physics. Yes we have two wonderful theories of physics one based on quantum mechanics quantum field theory and we can go to a big accelerator like at cernan smash particles together and almost explain anything that happens beautifully using quantum field theory and quantum mechanics..

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

Artificial Intelligence (AI Podcast) with Lex Fridman

04:15 min | 9 months ago

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

"Light gets bent in gravitational if the gravitation if the space time is warped enough and so even like it's been around and stays in so that's concept of a black hole so it's not a and maybe you can make maybe it's such a concept that didn't say how they come about and There could be different ways. They come about the ones that we are seeing There's a we're not sure that's what we're trying to learn. Now is what they but general expectation is that they come the black. These black holes happen when star is so. What does that mean that it starred is what happens. Star like our sun Basically makes heat and light by fusion it's made and as it burns it burns up the hydrogen and then the helium and then and slowly works. Its way up to the heavier heavier elements that are in the star and When it gets up to iron the fusion process doesn't work anymore and so the stars die and that happens to stars and then they do. What's called a supernova. What happens then is that the star is a delicate balance between an outward pressure from fusion and biden burning in an inward pressure of gravity. Trying to pull the masses together once it burns itself out it goes and it collapses and that's a supernova when it collapses all the mass that was there's in a very much smaller space and if a star if you do the calculations of star is big enough that can create a strong enough gravitational field to make a black.

biden
"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

Artificial Intelligence (AI Podcast) with Lex Fridman

04:54 min | 9 months ago

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

"I'd be shocked if there if there isn't a not even going to that which is a very long range problem but i think that We only see with electromagnetic waves. Four percent of what's out there There must be. We looked for things that we know should be there. there should be i would be shocked if there wasn't physics objects science in with gravity. That doesn't show up and everything we do with telescopes. so i think we're just limited by not having enough instruments yet to do this endeavor preference. I keep seeing this Easy lisa idea. Yeah it is it. Do you have a preference for earthbound or space-faring mechanisms for their complimentary. It's a little bit signal. It's it's completely analogous to it's been done in astronomy. So astronomy from the time of galileo was done with the visible light. Yeah the big advances in astronomy in the last fifty years because we have instruments that look at the infrared microwave ultraviolet and so forth so looking at different wavelengths has been important. basically going into space means that we'll look at instead of the audio ban which we look at as we said on the surface will look at lower frequencies it's so has completely complementary and it starts to be looking at different frequencies just like we do with astronomy is it. It seems almost credible to me engineering. Wise just like on earth descend something that's kilometers across into Space is harder to engineer as a than it actually is a little different. It's three satellites separated by hundreds of thousands of kilometers and they send a laser beam from one to the other and If they the distant if the triangle changes shape a little bit they deduct that from the acid. You say hundreds of thousands of dollars. Yeah sending liz's to other just engineering is possible though. Yes that's it's just incredible because they have to maintain. i mean the precision. Here's probably there might be some more. What is it may be noises. The smaller problem. I guess there's no vibration to to worry about like seismic stuff so getting away from maybe get away from those parts or easier. They don't have to measure it as accurately at low frequencies but they have A lot of tough engineering problems. The the in order to detect the the the Gravitational waves affect things. The censors have to be what we call free masses just like ours are isolated from the earth. They have to isolate it from the satellite. And that's hard problem. They have to do that pretty not as well as we have to do it. But very well and they've done a test mission in the engineering seems to be at least in principle and hand. this'll be and then twenty. Thirty s one. Yeah this is incredible. This is this this is incredible The ask bob black holes So what we're talking about is observing Or being black holes. I did i get. I saw a terminology like binary black hole systems like is that that's when the when that's when they're dancing. Okay most around each other. Just like the earth around the sun okay. Is that weird. That there's black holes going around each other. So finding binary systems of stars is similar to finding binary systems of hunt a black holes. They were once starts so So we haven't said what what a black hole it's physically at yale. What's a black hole. So black hole is is i. It's a mathematical concept or a physical concept and that is a region of space so it's simply a region of space where the curvature of space time in the gravitational field is so strong that nothing get out including light.

lisa bob black liz
"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

Artificial Intelligence (AI Podcast) with Lex Fridman

04:56 min | 9 months ago

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

"Lawyers businessmen yep okay And best they may have a an aide or something that knows a little science so So our country is an all countries are hardly T hardly take into account science in making decisions. Yes okay and Having a nobel prize the people in those positions actually listen so you have more phones. I don't care whether it's about global warming or what the issue is there some influence which is lacking otherwise and I people pay attention to what i say if i talk about global warming and he wouldn't have Before i had the nobel price Yeah this is very true. You're like the celebrities talk. A celebrity has power Celebrity has power. And that's that's that's a good thing as a good thing Singling out people a man and the other side of it singling out people has all kinds of you know whether it's academy awards for this have unfairness and arbitrariness and so forth and so on so You know that's the other side of the coin as you said especially with huge experimental projects like this not solarge team and it does. The nature of the nobel prizes singles out a few individuals to represent the nevertheless is a beautiful thing What are ways to improve..

"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

05:50 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"Is there some interesting things you can speak to like at the low level of some cool stuff that be solved like what. What are we yeah. I'm a software engineer. So okay all of this is so much more respect for everything done here than anything i've ever done so just costa so i'll give you an example of doing mechanical engineering at a better at a at a basically mechanical engineering and geology and may be at a level. So what are we. What's the problem. The problem is the following. That i've given you this picture of an instrument that i buy some magic. I can make good enough to measure this very short distance. But then i put it down here. It won't work and the reason it doesn't work is that the earth itself is moving all over the place all the time. You don't realize it seems pretty good to you. Get it but it's moving all the time so somehow it's moving so much that you can't deal with it. We have to be trying to do the experiment here on earth. But we can't deal with it so we have to make the instrument isolated from the earth no at the frequencies rat. We've got a floated. That's a mechanical. That's an engineering problem. Not as physics problem so when you see like We're having a conversation and a podcast right now there's And people record music work with this you know how to create an isolated room and they usually build room within a room. But that's still not isolated. In fact they say it's impossible truly isolate from sound of from noise and stuff like that but that that that's like one step of millions that you took is building a room inside a room you base gift to isolate all now. This is actually an easier problem. It's just after two. It really will so the cleanroom is really a tough problem because you have to a room inside the room so this this is really simple engineering..

costa
"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

05:35 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"Physicists called rosen. Who did several important works with. And they revisited the question and they Had a problem that most of us are students always had that study general relativity. general relativity is really hard because it's four dimensional set at three dimensional. And if you don't set it up right you get infinity's which don't belong there. The we call them coordinate singularities as a name but it. But if you get these infinity's you don't get the answers you want and He was trying to derive now. General relativity out from general relativity gravitational waves and in doing it. He kept getting these infinity's and so he wrote a paper with rosen that he submitted to our most important journal physical review letters and that was submitted to physical review letters it was entitled. Do gravitational waves insist a very funny title to write twenty years after he proposed they exist at but it's because he had found these singularities these infinity's and so the Editor at that time. And part of it that i don't know is pure review. We live and die by peer review as scientists. Send our stuff out this way. I don't know when review actually started or what peer review einstein ever experienced before this time but the editor of physical review sent this out for review. He had a choice. He could take any article and just accept it he could reject it or you can send it for review believe the editors used to have much more power. Yeah and he was. A young manage name was state and he ended up being editor for years but So he sent this for review. I to a theoretical physicists. Name robertson was also in this field of general relativity. Who happened to be on sabbatical at that moment at caltech otherwise is institution was princeton where i sign was and he saw that the way they set up the problem. The infinity's were like. I make it as a student. Because if you don't set it up. Bright in general relativity. Get these infinity's and so. He reviewed the article. Toll gave an illustration that they set it up on what are called cylinder coordinates. These infinity's went away. He's the editor of Physical review was obviously intimidated by einstein. He wrote this really not a letter. Back like i would get sanyo. You're screwed up in your paper instead. The was kind of what do you think of the comments of referenda einstein rope back. And it's a well documented. Letter wrote back a letter to physical review. Saying i didn't send you the paper to to send it to one ear so called experts. I sent she had published. I now i withdraw the paper and he never published again in the in that journal. That was nineteen thirty six instead..

rosen einstein robertson princeton sanyo
"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

03:25 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"Half waves of course that's light and electro-magnetic rays radio waves everything else. So he said if the formulas look similar then gravity probably has waste to such a big leap by the emi. Maybe can correct me but that just seems so that seems like a heck of a and so that and it was considered to be active elite. So i that paper was except for this. Intuition was Poorly written had had a serious mistake. It had the fact factor of two wrong in the strength of gravity which meant if we use those formulas we would and Two years later he wrote a second paper and that paper it turns out to be important for us because in that paper he not only fixed factor of two mistake which he never admitted he destroyed. It fixed it like you always did. And and then he told us how you make gravitational ways what what makes gravitational waves and you might recall in electromagnetism. We make electromagnetic waves in a simple way. You take plus charge minus charge. Jasa late like this and that makes it. Electro-magnetic waves and a physicist named hurts made a receiver that could detect the waves put in the next room. He saw them and move forward and backward and saw that it was waived like so Einstein said it won't be a dipoto like that it'll be a four pole thing and that's what it's called a quadruple moment that gives the gravitational waves so he saw that again by insight not derivation that set the table for which i needed to do to do it at the same time in the same year short child not einstein said there were things like called black holes. So it's interesting that came the same so we was that those fifteen and it was in parallel with us. I should probably know this. But did einstein not having intuition that there should be such things as black holes that came from shore style. Oh interesting yeah so schwartzchild who was a german theoretical physicist. The got killed in the war. I think in the first row war year two years later or so. He's the one that proposed black holes that there were black hole like a natural conclusion of General relativity no or is it may seem like it but i i don't know about a natural conclusion is it's a result of curve space time now right and but such a weird result that you might have a special yeah. It's a special case. Yeah so I i i don't know anyway. Einstein then interesting part of the story is that einstein then left the problem most physicists. Because it really wasn't Derived he just made. This didn't pick up on it or general relativity much because quantum mechanics speaking the thing in physics and einstein Only picked up this problem again after immigration to the us so he came to the us in nineteen thirty two. And i think in nineteen thirty four five. He was working with another..

emi einstein schwartzchild Einstein us
"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

03:29 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"Where able to bombard aluminum or something with alpha particles and find that they excited something that decayed and gave Decayed engage at some half life and so forth meeting and it was artificial version are. Let's call it not not a natural induced version of radioactive materials and Fair me somehow had the insight. And i still can't see where he got it that the right way to follow that up was not using charged particles like office and so forth but use use these newly discovered neutron says the bombarding particle seemed impossible. They barely had been seen It was hard to get very many of them. But it had the advantage that they don't They're not charged so they go right into the to the nucleus and that turned out to be the experimental work that he did that. won the nobel prize and it was the first step and vision Discovery efficient. And that's he. Did this two completely different things an experiment. That was a great idea and a tremendous implementation. Because how do you get enough neutrons. And then he learned quickly that not only want neutrons. but you won't really slow ons He he learned that experimentally and he learned how to make slow once. And then they were able to make Go through the periodic table and make lots of particles. He missed on fishing at the moment but he had that basic information and and then vision followed soon after that. Forgive me for not knowing. But what is. The birth of the idea of bombarding wouldn't Neutrons is that Is that an experimental idea was born out of experiment. He just observe something or is this an einstein's stahl idea where you can be sanca that took a combination because he realized that neutrons had a characteristic that would allow them to go all the way into the nucleus. When we didn't really understand what the you know what how what. The structure was all this so that took on understanding a recognition of the physics itself of how neutron interacts compared to say an alpha particle. Juliane curious us and then he had invent away to have enough neutrons and You know he added team Associates and he pulled off quite quickly. So you know it's pretty astounding and probably maybe speak to his ability to put together the engineering aspects of great experiments and doing the theory. They probably fed each other. I wonder can you speak to why we don't see more of that. Is that just really difficult to do. It's difficult to do. Yeah i think in both theory and experiment and physics anyway was It was conceivable if you had the right person to do it. And no one's been able to do it. So i had the dream that that was what i was gonna be like fair me but you love both sides of it the theory. Yeah yeah. I never liked the idea that you did..

Juliane stahl
"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

Artificial Intelligence (AI Podcast) with Lex Fridman

05:51 min | 9 months ago

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

"But basically that Isis made out of water. And so why does it float on water and He couldn't answer it and it may not have been the first question. It's the first one that i remember. And that was the first time that i realized the to learn an answer your own curiosity or questions. There's various mechanisms in this case. It was going to library in are asking people who know more and so forth but eventually you do it by what we call research. But but it's Driven by if you're hopefully ask good questions if you ask good questions and you have the mechanisms to solve. Then do what i do in life basically not necessarily physics but and it's a great quality in humans and we should nurture it did. Do you remember any other kind of in highschool maybe early college more basic physics ideas that spark curiosity or mathematics or science. I wasn't really into science until i got to college to be honest with you but just staying with water for a minute. I remembered that i was curious. Why what happens to water rains. And there's water in a wet pavement and then the pavement dries out. What happened to this water. That came down and i. I didn't know that much then. Eventually i learned chemistry or something. Waters made out of hydrogen and oxygen. Those are both gases or how the heck does that. Make this substances liquid so that has to do with states of matter. You ve I know perhaps ligon all the thing for which you've got the nobel prize in that things much of your life work m- perhaps was a happy accident. Some sense in their early days but is is there a moment where you looked up to the stars and also the same way you wandered about. Water wandered about some of the things that are out there in the universe. Oh yeah. I think everybody's looks and is in awe and his curious about what it is out there and you know as i learned more i learned of course that we don't know very much about what's there and the more we learn the more we know we don't know i mean we don't know what the majority of anything is out there. It's all what we call dark matter dark energy. That's one of the big questions twenty year. When i was just in those weren't questions so we even know less in a sense the more we The more we look so. Of course. I think that's one of the areas that Almost sits universal people see the sky. They see the stars and they're beautiful and and see it looks different on different nights in. It's a curiosity that we all have. What are some questions about the universe. The that in the same way that you felt about the ice that today you mentioned to me offline you teaching Of course on the frontiers of science frontiers of physics..

ligon
"barish" Discussed on Lex Fridman Podcast

Lex Fridman Podcast

03:44 min | 9 months ago

"barish" Discussed on Lex Fridman Podcast

"The following is a conversation with barry barish a theoretical physicists. At caltech and the winner of the nobel prize in physics for his contributions to the lie detector and the observation of gravitational waves lie go or the laser interferometer gravitational wave observatory is probably the most precise measurement device ever built by. Humans consists of two detectors with four kilometer long vacuum chambers situated three thousand kilometers apart operating in unison to measure motion. That is ten thousand times smaller than the with of a proton. It is the smallest measurement ever attempted by science a measurement of gravitational waves caused by the most violent and cataclysmic events in the universe occurring over tens of millions of light. Years away to support this. Podcast please check out our sponsors in the description as usual do a few minutes of ads. Now no ads in the middle. I tried to make these interesting. So hopefully you know skip but if you do please still check out the sponsor links in the description. It is the best way to support this. Podcast i use their stuff and enjoys. Maybe you will to. This show is brought to you by mud. Water a new sponsor. But i've been actually drinking their stuff for quite a long time. It's a coffee alternative would one-seventh the caffeine a cup of coffee and a ton of ingredients. That are good view. But i drink it because it's delicious i use a froth. Er that comes with it. And then i add a little bit of their Mud water creamer. That has empty oil in it. And then just the final thing. There's this creamy deliciousness to the whole thing that i just love it tastes like a treat a good taste like dessert for my tastes but has no sugar or sneaky sweeteners attitude. So it's great for you in a tastes amazing and if you're either not a huge caffeine consumer or this is more for later on in the day which is often when i drink it then This is perfect because it has less caffeine than a cup of coffee so visit them at mud water dot com slash lax and use code lex at checkout to get five dollars off..

barry barish
"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

Artificial Intelligence (AI Podcast) with Lex Fridman

02:16 min | 9 months ago

"barish" Discussed on Artificial Intelligence (AI Podcast) with Lex Fridman

"The following is a conversation with barry barish a theoretical physicists. At caltech and the winner of the nobel prize in physics for his contributions to the lie detector and the observation of gravitational waves lie go or the laser interferometer gravitational wave observatory is probably the most precise measurement device ever built by. Humans consists of two detectors with four kilometer long vacuum chambers situated three thousand kilometers apart operating in unison to measure motion. That is ten thousand times smaller than the with of a proton. It is the smallest measurement ever attempted by science a measurement of gravitational waves caused by the most violent and cataclysmic events in the universe occurring over tens of millions of light. Years away to support this. Podcast please check out our sponsors in the description as usual do a few minutes of ads. Now no ads in the middle. I tried to make these interesting. So hopefully you know skip but if you do please still check out the sponsor links in the description. It is the best way to support this. Podcast i use their stuff and enjoys. Maybe you will to. This show is brought to you by mud. Water a new sponsor. But i've been actually drinking their stuff for quite a long time. It's a coffee alternative would one-seventh the caffeine a cup of coffee and a ton of ingredients. That are good view. But i drink it because it's delicious i use a froth. Er that comes with it. And then i add a little bit of their Mud water creamer. That has empty oil in it. And then just the final thing. There's this creamy deliciousness to the whole thing that i just love it tastes like a treat a good taste like dessert for my tastes but has no sugar or sneaky sweeteners attitude. So it's great for you in a tastes amazing and if you're either not a huge caffeine consumer or this is more for later on in the day which is often when i drink it then This is.

barry barish
"barish" Discussed on Building Psychological Strength

Building Psychological Strength

05:02 min | 10 months ago

"barish" Discussed on Building Psychological Strength

"It's a weird application of it or an uncommon application of it but an important one because life design says. Let's think about the core user. Who's the one user here and it's you and let's think about what makes you tick. And what do you need. And what do you desire. And what do you value. And what are your strengths. In this case what is your way of moving through grief and we make decisions from that starting point and so i can imagine and i love for you to talk a little bit about what that grieving process might look like in terms of how we might support ourselves or how we might support someone else if they were someone who fell into each of those three buckets because that's life design at core right. Get to know the person and then design around them. So how do we design that support plan around someone who's grieving. Depending upon the type of grief they're experiencing great question and it's a great way to look at it. Because i don't think people often realize you will if you someone that was very close to you. That was a part of your life that you emotionally physically your routine and habits of those days and you've lost that very important person or it may for some people. It's an animal as a companion. Animal can be very very deep loss for people you are. You need to find your way back into the like the reality is. It's going to be a different life because the person that you loved with family loves no longer physical presence so the question is always. How do i hold onto that person. You don't most people don't wanna leave them behind. It's not about forget move on. It's moving forward. Time is moving for you have no choice but to move forward. His time only goes one direction. So i think about those three areas you know if you're that more intuitive what i call barish cravers because often want to go in a cave hibernate I think for those individuals what comes natural is expressing emotion and so if they were around friends and family feel uncomfortable witnessing emotion then people will close up people need people that grieve in that way need feel supported and so i know myself i found some of the best support For for when you do need to be real candidate real raw may not be the people immediately closest to you. Because there's only about you. It may be joining a group of others on similar journey. That are going to better understand and be able to to handle because there's not tied into and that's something people don't always think about. They get upset that their friends and family can't support them but there are other people out there going on a similar journey. Who can so. That's certainly one element of that before we go on. Actually i wanna. I wanna push into that even further..

barish
"barish" Discussed on Stansberry Investor Hour

Stansberry Investor Hour

05:34 min | 11 months ago

"barish" Discussed on Stansberry Investor Hour

"Happening. So these are these are these are big waves. And you know when i look at. There's there's there's a lot of opportunity on like i said on both sides and i think you have to try to maintain balance and and you know this is something that i'm i'm not just trying to think about. You know everything that can go wrong but but also things that can go right. Yeah it just. It's like it's just dumb to be too barish all the time or or really almost any amount of time right you make money inequities because good. Businesses produce more cash than they literally know what to do with right. I mean it's it's being barish is really really a hard way to make a living. I think you make a living in this business being a realist and being you know just dedicated to reality and just you know and part of part of that is that i don't think you can. You can be ojectives if you if you're all if you're so one sided and you if you specialize in in an area you you get you get blinded to everything else that's going on You know so. I i really think that You know you have to maintain this balance. That's that's really important. Okay i agree. You maintain a balance but but actually saying is and you know agree or disagree. I i'm not sure i. I think we agree here but but if we don't that's cool right you. I have to maintain the long-term a kind of a abolish optimistic viewpoint. I'm looking for businesses. That that i think will do well like ninety nine percent of the time ninety nine percent of time. I'm not looking to buy puts and and you know be terrified that the market's gonna crash ninety nine percent of the time. I just want to know what the good businesses are. And are they priced for a good return We recently talked to somebody in another interview that we're going to publish soon. You know and he was talking about short-selling and like being bearish all the time is just bad business. I guess is is the bottom line and being to bear and you know there are. There are businesses out there. They're more businesses out there that you should think about buying. It almost seems you know you should spend more time thinking about when you're going to buy them maybe or at what valuation. Then you should ever think about you know which do i want short even know i mean you see what i'm we're heading here. Yes yeah i think i do and especially as somebody who has a lot of experience on the short side you know. The problem is that you can only make one hundred percent of your money and then you know once the idea if it if it works out perfectly well you know you've spent all that time doing the research and then it's over and That's the best case. Scenario the worst case scenario courses it just completely wiped you out and think and you're wrong and it's sucking up an incredible amount of not only.

barish
Warren Buffett and the Berkshire Hathaway Annual Meeting

Stansberry Investor Hour

12:16 min | 2 years ago

Warren Buffett and the Berkshire Hathaway Annual Meeting

"Okay. Let's talk about Warren Buffett and his comments at the Berkshire hathaway meeting. He talked for over four hours so I might not be able to get to everything in fact. I'm just going to get to a few topics that really stood out. And this is by the way. If you haven't listened to it you can go listen to it just Google Berkshire Hathaway shareholder meeting yacht. Yahoo Finance has it and you can find it on Youtube. And it's worth it. It's worth listening to Warren Buffett. Talk for four hours. Once a year it really is even if you disagree with every syllable that comes out of his mouth. It's still worth listening to. So I think one of the really big perhaps the biggest topic that he covered couple of weeks ago he became public that he started selling his position in the Airlines. And he put one slide up the beating that showed the first quarter purchases of equity securities by Berkshire hathaway including buying back their own stock but they made investments in equities of fourbillion. They sold two point two billion of equities and they bought back a billion seven of their own stock not really huge numbers for Berkshire but then he put up a slide. That showed in the month of April because the first quarter ends March thirty first right month of April purchases of equity securities. Four hundred twenty six million peanuts nothing for Berkshire. He was asked about it. He couldn't even remember what it was and he said I might not have done. It might have been you know. His his top capital allocation lieutenants. Ted In todd. He bought bags zero stock. We'll talk about that in a little bit and sold in the month of April alone. Six and a half billion including all the rest of the airline stocks okay. Why did he do this? Well he he put up a slide and he said you know it was not one hundred percent that's six and a half billion was not one hundred percent of what we sold in April. But you knows mostly mostly airlines said. I made a mistake and he went through the history of the position and if you look at the filings. He started buying these things in late. Two Thousand Sixteen. He said we paid. Oh I don't know seven or eight. Billion couldn't even remember how much to own ten percent of the four largest airlines starting at that time and then into two thousand seventeen you kept by and he figured that for seven or eight billion. He was getting a billion dollars worth of earnings that he thought was likely to go up over time and at that time he did an interview with. Becky quick of CNBC. And he said the airlines have had a bad century and they've had like over one hundred bankruptcies and it's been terrible and they've consolidated into four big ones. That are doing pretty well etcetera etcetera. And you know we want a piece of it and those four those top four American United Delta and southwest accounted for like eighty percent of the domestic airline capacity. So right there. It sort of felt to him. It seems like when he bought the railroads who had been through. I don't know about a difficult century. But yeah pretty pretty tough time over the past decades before he bought and then turned into a pretty good bet because they had consolidated down they had been through restructurings same type of a situation and they had some pricing power to and I remember hearing about that idea from the guys at allegany well run insurance company PUBLICLY COMPANY TICKER SYMBOL. Why the letter? Y and was by when Burlington northern was like I don't know twelve bucks a share or share or something like that maybe even cheaper and Buffett bought the whole thing of Burlington northern for one hundred dollars a share so late to the party but still thought it was a good bet and same thing he said we treated it mentally as if we were buying a business meaning as we were buying one hundred percent of a whole business and if you've heard him talk over the years they liked to buy one hundred percent of the business they liked by as much as they can once they liked to sing and like the hold it forever. That's their favorite thing to do. And you know this look like an equity position that he might hold effectively forever and he said you know the companies were well managed and all that stuff but now he blew out the whole position when the whole world he sold into weakness right. This is the guy who says be greedy when others are fearful while he's fearful when others are fearful because he's not buying anything and he sold this massive position and is not spending any of his giant hundred and thirty billion dollar pile of cash. So that's kind of unusual. And he said the airline business. I'll just quote a few little things he says. The airline Business Blah Blah Blah. I think it changed in a very major way is obviously changed. And he said these four companies are going to borrow tenor. Twelve billion. Each in some cases they're having to sell stock or the right to buy stock that takes away from the upside then a little bit after that he said. I don't know the two three years from now. That people will fly as many passenger miles as they did last year. In Twenty nineteen so in other words this business has changed so much and these companies are so deeply impaired that it makes no sense for him to continue to hold the equities. He's held things through bet. He's a publicly traded companies through bankruptcy. At least one right. Us G it was an unusual bankruptcy situation. So this really tells you. The buffet thinks that people have changed their their travel. Habits have changed and they're not gonna fly as much even when things are all opened up and who knows one would think over this time period. He's talking about two three years. Whatever that the corona virus will be a thing of the past? Nobody's worrying about it anymore. You know we'll see but I just thought it was really interesting that you know we find buffet just being really fearful not deploying capital and blowing out this position into weakness having bought it in the first place. I've never recommended an airline stock in extreme value. And I never will and I was shocked when he did it and I always wonder like how how going to work out but you know obviously not too well so the airlines and I here where he's coming from because the airlines I read today. One article said they're burning ten billion monthly as as an industry. And you know they've already gotten something like fifty billion and bail out. There's another there's more money that they're going after under this. Cares Act Law. That was passed but united like they got five billion bucks and only one and a half billion. That was alone. The other three and a half billion was a grant grant. Yeah you've heard me money. Just taxpayer money just given to the airlines. And of course they put stipulations on this thing but they've already found the loophole and the stipulation was. You can't fire anybody you gotTa keep all your employees and you can't reduce anybody's hourly pay or you can't reduce anybody salary right and I think you can't even buy back stock and other things. But they found a loophole. And you might have heard it already. And they're reducing people's hours. They don't pay them less per hour but they pay them less by reducing their hours which you know as a business move makes sense with dramatically reduced demand for this service but I can understand how nobody would want to get involved with the airlines. Who knows if the equity value is going to be anything like what it is right now impaired as it is. Let's talk about buybacks? Buffet talked about buybacks. He didn't buy back any shares in April at all they bought back a billion seven in the first quarter which is really nothing for them and basically the important tidbit here. Is that the stock to him. He says was no more compelling around two hundred and fifty thousand share than it was when he was buying it back at three hundred thousand share. What does that mean? Well it means exactly what you think. It means. It means the intrinsic value of Berkshire Hathaway's impaired at least that amount like roughly seventeen percent. I believe that is so or more bright. If it's not compelling at either a at two hundred fifty thousand no more so than than it was thirty or three hundred thousand. That's a big deal. And he also mentioned in the same breath telling you why he wasn't buying the shares back in the same breath. He mentioned the option value of cash. Right I it other words. I'd rather hold onto my cash than by back my stock seventeen percent off where I was buying back before. Wow so he did this whole thing. He started out with this whole long thing about never bet against America and he went all through history and all this stuff and he's got a great knowledge of history. It was fun to listen to it but he says all this stuff about don't bet against America in the long term and that was another thing he kept doing. Saint don't bet against long-term but he constantly throughout his talk and answering questions. He was constantly differentiating from the long term. Bet and the nearer term couple years to three years. What does that tell you that tells you that? He thinks that we are not out of the woods yet. And you can't call him barish but he's nothing like bullish. Some investors Whitney Tilson commented. He was part of the presentation and he commented said you know he went and he thought it was raining. Gold in March when the market was getting absolutely obliterated buffet obviously did not think it was raining. Gold Okay. That's really interesting. So they bought by zero in April. You know. That's that's the evidence there he said I would rather be holding my cash. And he also talked about the general idea of buying back stock because he was asked about it one of the shareholders sentence a question about it and he framed it in a really good way that. I think I think you need to hear about. He said imagine that we were just partners. In a business you know fuel vessel. Each put in a certain amount of money in the business does well over time and goes up in value and you know after many years of success one of us wants to take money out of the business. Well if your partner came to send that you say well. That's perfectly reasonable and a way to do that would be for the other partners to buy a little bit of stake and so you know. Maybe he owns thirty three percent. Let's say there are three of you and and he sells a little bit and after that hill own thirty percent or something and you you know then you'll each own a little bit more right. So that's the way he looks at share repurchases as an individual partner can choose. An individual shareholder can choose. Whether or not they WANNA participate and sell the shares whereas if he issued a dividend. It's you're forcing cash down everyone's throat and they get hit with taxes and you're taking money out of the business off the table right. I thought that was pretty interesting. And he's like he doesn't buy any of the political what he calls political correctness about share repurchases. He's a most people do them wrong. He said that consistently for a long time. You have to do them right and the right way to do it is the buy it back in a discount to the intrinsic value and he even said. You won't always be right when you're doing that. You'll make mistakes and doing that but you should still do it that way. And the steak is probably you know. He bought it back at a higher price. A billion seven worst and then he refused buy back in a lower price so he might have even talk about his own mistake and buying shares back but over time the right thing to do is buy it back at a discount. And you know you'll be right enough. If you do it over a period of many years I found all that really intriguing. Him telling US why he didn't buy back the stock and he mentioned specifically that he said you know for example.

Berkshire Hathaway Warren Buffett Partner Berkshire Google Burlington Youtube Yahoo Finance Ted In Todd Fourbillion Cnbc American United Delta Buffet Whitney Tilson America Becky Buffett
"barish" Discussed on Biz Talk Radio

Biz Talk Radio

05:22 min | 2 years ago

"barish" Discussed on Biz Talk Radio

"All right let me go two phones we go to Barry Barish calls from Texas Hey Barry are you gonna ban good my question is is do you think that they might suspend suspend the minimum required distributions from IRA's to help out folks that don't want to want to take money out of that right I think they might I think they may wish to spend all the rules in our relationship to some of the IRA rules yeah I think they I know they talked about it but it was more I should say that but I heard it I don't know for certain but I heard it was in in the a draft rough draft of a bill that was going to I I'm involved cutting the payroll tax so but they have talked about it do I think they will yeah I think they I I sure think they will they could that is for sure I don't see why they wouldn't okay all right thank you Mr man appreciate your you answer my question I really adore your show thank you thank you so much thank you very much all right I love let me go show Brading cancer right but it did not take my name yeah the good all right I'll tell you that today is not a good day to buy stock right now it's a great day if you got a long term outlook what I do but I think you're going to keep going down then then hold off I mean I I mean this is a good time to buy you can't get a whole lot better but served up in a but it can go down it's going to go down a bit look at your buy list and I don't highlighted in yellow and blue I understand what those many but when they're just white what does that mean just means nothing they're just a growth stock okay yeah I've got I've got seven stocks I got my eye on that one foundational stark warning comes stock I'm fifty two I don't think I need income stock all right right I agree but and is there like ratio I'm any of those I should have no you always you always want to have a you always want to have foundational stocks in this sector so if you have industrials and you're by yourself in and you get a choice between buying a foundational stock or just one that is is in white or nothing I would buy the foundational stock once you have the foundational stock then you can you know move on to some other things but ideally I now a lot of sectors don't have foundational stocks in them right but where they are I I would rather see especially now I would rather buy the foundation okay yeah again I just have the one quick question about China and our wonderful elected officials are glad that they are so wise to make China most favored nation are you in are are looking Martin I mean it's unbelievable we got a communist regime the one dominance of the world and there are favored nation status they get some believe we need to we need to bug out all of it yeah we do you're right about it brother you're right about that wise enough those people with a D. behind their name and yeah the girl brainstem or something I don't know I'm not hold my breath I'm not either yeah I mean when I don't wanna ruin this nation I just got to believe her I hate to say it but they're just an act I don't know what else to say I mean I don't I don't wanna say they want to ruin the nation I'd rather I'd rather stay home is just stupid and also being stupid for electing him but I don't know what else to say I I mean I know there are a few you know the squad there's a few that want to destroy the nation I know there are problems the problem with being is that you don't know you're being that's where the they are exactly yeah you're right yep got to ride it out amen the market you get rated box stock when it yes Sir thank you Brad all right god bless so here's a good added you know Warren Buffett says and it's one of the hardest things to do but the time to get greedy is when everybody is panicking and that's trying to to get conservatives when everybody's trying to be greedy and it out you know what everybody's you know markets are good everybody's happy and that's when you pull back this is one of those times where you try to be greedy all right let me go to Colby in Texas they called me good so I did the lived there about a month ago and I'm I'm going to be a partner how to pull up my browser for about two weeks so my question is more so about timing you bred brat and there's some kind of touched on it but it.

Barry Barish IRA Texas
A Divided OPEC Meets in Vienna

WSJ What's News

04:30 min | 2 years ago

A Divided OPEC Meets in Vienna

"The oil cartel members and partners are all gathered in Vienna today for the start of a two-day meeting. It's a big moment for the past few months. It's members have cut oil production all in an effort to increase oil prices. Now the question is if the prolong those cuts or if the let them expire. Ask planned in March David. Dari is at the meeting in Vienna. So David Walk me through the backdrop of these talks. What have we seen in terms of oil prices and oil production so the backdrop of this meeting is over the past few years OPEC and its allies have been implementing oil production cuts? This time around is is An expected increase in supply in the first quarter of twenty twenty including but not limited to rising. US show production on also. They're all all fares about demand not limited to uncertain economic data in part linked to the China trade war oil prices. I would pass you. Today's have resumed on hopes. That OPEC may deepen its but they are historically speaking relatively low on one extra element of this. That meeting is that Saudi Aramco the world's most profitable company is going to be announcing a IPO price on Saudis. Best interests to support prices because in some part the success of the I I is linked to stupidity of oil prices. So who are the factions factions at this meeting the factions at this meeting four and two maybe three broad categories. You've got the Saudis and it's in their best interests to to support or prices as much as possible They've got the ARAMCO. IPO TO PROTECT On they've been over complying with The cut quotas. They agreed to pardon pretty much full. Most of the period of time. This deals being in place. You've got the Russians who are the leaders of the plus function and In OPEC plus on data really want to cut from much longer on a certain debt. Really want more deeply They are working on concessions from the rest of our plus for that content sites they just want enormous new pipeline with China on the base wants to produce as much as they can but they see the benefit in supporting our Saudi allies on the third main function is probably the under complying OPEC nations and particularly the Iraqis on the Nigerians. When when the Iraqi minister arrived in Vienna choosing night he was quite put about about the idea of Deepa cuts? Even Iraq hasn't been fully complained for most of the deal so far. So that's a little bit like saying let's let's go to a more expensive restaurant but the service can pay now. Haven't we been reporting that instead of a cut. Saudi Arabia and the run up to the meeting has been threatening to unleash even more well oil. How does that factor into these discussions? The Saudis have grown. Pretty tight of shouldering more more than that fast. Sheriff these cuts on their own and in the days before this meeting that even threatened to do away with cut soul together ramping up. Production and essentially crushing global news prices. You some of the spoken to so that would be a moral victory for the Saudis. They don't necessarily think it's option though seriously. Consider Okay so the meeting concludes tomorrow. What our market's GonNa make of all of this? There are three possible. Brewed outcomes uh-huh and for markets. At least on Friday number one would be a barish out can probably a rollover of just three months. I taking deal to June twenty twenty. I don't think that would be enough to support oil prices right now and nor does anybody else that seems a middle way option. Might be a a six month rollover with not the cuts and even then some of the people have been. You don't think that would be enough and a sort of third basket of options uh-huh either extending by twelve months or deepening cuts on the figure. Full hundred thousand barrels a day extra has been touted that would take cuts two point six million barrels a day cut. Either of those last two options would probably be taken quite well by markets.

Opec Vienna Saudi Aramco Iraq Saudi Arabia China United States David Walk Hundred Thousand Barrels Six Million Barrels Twelve Months Three Months Six Month Two-Day
T. Rowe Price dumps most of its Tesla stake

WSJ What's News

01:22 min | 3 years ago

T. Rowe Price dumps most of its Tesla stake

"Today, we can turn our attention to a single company. Tesla late yesterday, T Rowe, price, one of Tesla's largest investors said it had sold the majority of its shares are markets reporter Steve russillo explains. So one of Tesla's biggest shareholders, T Rowe price. There are large asset manager in the US. They put out a filing on Wednesday disclosing that they've cut their stake in tesla by about eighty one percent. So going down to one point seven million shares from eight point nine million. So in a nutshell that means that one of Tesla's biggest shareholders is selling out, and it could be for variety of reasons. One of them being the stock is down about thirty percent. This year, there's a lot of questions about the companies leader Elon Musk. There have. Been issues about the company's cash position. And it's fun raising abilities. So anyway, they're questions that have been going on for tesla for quite some time now. And it's one of the reasons why the stock is down so much. But generally, when you see this, you like to think that the company's biggest shareholders are going to sort of give it a vote of confidence. And that would be that would mean by either purchasing more shares or just keeping their stake as is. But instead, what's happening here is one of Tesla's biggest shareholders is selling out now and that potentially could be another Barish son for.

Tesla Elon Musk Steve Russillo United States Reporter Eighty One Percent Thirty Percent
EU might force Apple to ditch Lightning connector in favour of USB

Bloomberg Surveillance

05:58 min | 4 years ago

EU might force Apple to ditch Lightning connector in favour of USB

"Investment but some ice hockey here in the heat artist. In a moment the, Bloomberg, NJIT, stem report always brought to you, by, New Jersey institute of technology of the NJIT maker space and you rapid prototyping, design and innovation lab where companies collaborate with students and faculty. Learn more at NJIT dot EDU here's baboon good morning Tom Jonathan here's what's making news in science technology engineering. And math China is already threatened by escalating US taxes on its goods and he's about to find it much harder to invest in US companies want to. Buy American technology in such cutting edge areas as robotics artificial intelligence and, virtual reality President Donald Trump is. Widely expected as early as. This week to sign Deflation to tighten the US government scrutiny of foreign investments and exports of sensitive, technology law which congress passed in, a rare, show of unity. Among Republicans and Democrats doesn't single, out, China but, there's no doubt the intended target is Beijing the Trump administration has. Accused China of using predatory tactics to steal American technology excuse me but do you happen to have a cell phone charger that I could borrow one that actually fits my phone back in two thousand nine apple Samsung and other. Phone makers signed onto, a, memorandum, of understanding voluntarily standardizing on the, micro, USB connector although the fine print let apple maintain its proprietary lightning connector apple, collects royalties for those using its technology now there's word that. European Union regulators maybe ready to force the issue the website ars Technica reports the EU is looking into a. Legal mandate to push standard phone charger connectors and possibly prohibit nonstandard The rule would be aimed, at reducing the amount. Of electronic waste created by chargers that can't be recycled that's the Bloomberg NJIT stem report Tom Jonathan Bob moon, thank you so much fun things you need to know to start your day brought to you, by interactive brokers rated number one best online broker. Two thousand eighteen atop online broker for the eighth consecutive year by Barron's visit. Ibkr k.. R. dot com slash IB to learn more John I was just last night was the most interesting political night since the election Ohio it was, fascinating, to see the county by county by county returns commend so Kevin cirilli informed me that this, Ohio house district has, been dominated by Republicans it's nine hundred ninety two yeah I did not know that. So it's been a long time and now you've got a wafer thin. Margin regardless of who you know urban rat like any other just wrapped around Columbus and then there's suburban and then there's rural And you know rural big pro-trump urban big pro Democrats and it was, the suburban vote which which will be the study over the next coming weeks and I, don't have any idea how that study will come out Mike Allen featuring axios this morning so does this make the midterms a. Lot more interesting yes yeah I, would, I, guess we. Knew that before but, now we really know with a vengeance tesla I loved your covenant Saudi Arabia I I agree it's a, big deal yet. Isn't is going to be difficult I think this is the most polarizing company on the planet whichever side you sit on this by Sal. Barish bullish that headline from the financial times yesterday's rally started and what got, the. Rally started with the following headline the f. t. reporting that the Saudi. Wealth fund is set to have a three to five percent stake in tesla that's. Long-term money while fund money. Is, not going to pay on. A dime and quite clearly as a hedge away from the energy story in Saudi Arabia and you mentioned this long term and if tests that does need, funding at some point, it's got what kind Big. Names in the bigs two to lean on when is your life destroyed I mean one, twenty eight seventy two Luckily I'm funded in dollars I Some I'm okay so? You, always buy during some London yes it's my job when. I got back onto the. Pumped With capable. Where it is south of one thirty with euro-sterling north of north we Pence in your. Hugely qualified to answer this where does the pain come in for. The average, person. In England. Is at one twenty six is at? One, twenty years studying is so much more important you're stunning We're given given the fact that the bulk large chunk of trade between the United Kingdom in. Europe is where it's. At your sterling moving past ninety pen significant three days on the move here today is not huge. But the move since we sort of bottomed out in April I think we've had a vicious move over the last couple of months is. Exonerated in last couple of weeks and curiously it's. Accelerated the weakness has accelerated at a time that governor Connie's height interest rates and come. Fascinated about it pay for a chunnel ticket in euros or sterling. Do either Yeah I took his check was very high I took the channel. Thing that was very very on the tunnel, I can't imagine? You want. To train happy was the state it was, can we tell our? Listeners, about this morning the Tom Kane Kane Did the first forty minutes, of the show standing up. Because he came into the studio at someone, had moved the seat When you walked into the studio you stood up muttering under your breath and I didn't know what was going on And I said I? Said what's wrong he said someone stole my It's? You gotta, gotta get the Goes down Can I tell you what you think productivity dropped by in the last thirty minutes is the whole of bloombergradio. Ran around the office configured share right now is a great The.

Njit United States China Saudi Arabia Bloomberg Apple Tom Jonathan Donald Trump EU Ohio Tom Kane Kane President Trump John I Europe Congress Tom Jonathan Bob Moon Tesla
Caution creeps into Asian trading ahead of Fed decision

01:57 min | 4 years ago

Caution creeps into Asian trading ahead of Fed decision

"Go before being fatally wounded when confronted by school resource officer it's not clear whether the boy took his own life or was shot by the officer the sixteen year old girl suffered what it described as life threatening injuries a fourteen year old boy was also pointed said they come in with a check on the markets so we do have asian markets steadily down after that tech induced route that we saw tuesday and going into the break the hung saying is leading the advance as developers and all players lead a games tech shares also on the rise on earnings prospects ten cents a fresh high ahead of its results due later this afternoon in hong kong and stocks in malaysia they're getting ground ahead of inflation data by checking in on the ringgit switching it out to check in on the currency markets you can see the ringgit edging lower with other asian currencies before the fed decision and the create one under pressure as the bucase governor spoke of sticking to an accommodative policy as a certainty surrounding the korean economy are high although continuing on a steady growth path and in the commodities complex you do have shanghai copper trading at a six month amid demand concerns steel and iron ore they're on the rights although city is adding to the barish chorus on iron ore an oil extending gains at three week high following opec bringing forward expectations are market rebalancing tha that is helping andrew stocks find support in asia petrochina among those pairs jamie joining the advance in all of its earnings due out on thursday and his bonds beat a retreat i want to highlight bjp nine five zero to illustrating how emerging asian bonds have been outperforming treasuries returning thirteen percent last year as investors pile into higher yielding assets goal finds the are turning cautious amid trade war concerns and the possibility of a hawkish fed but not everyone is turning bearish slice hsbc saying that some countries so offer attractive diversification for dollarbased investors and that's the market report at midday in hong kong.

Officer Hong Kong Malaysia Shanghai Asia Petrochina Hsbc FED Opec Andrew BJP Thirteen Percent Fourteen Year Sixteen Year Three Week Six Month