17 Burst results for "Bill Stone"

"bill stone" Discussed on WTMJ 620

WTMJ 620

04:19 min | 1 year ago

"bill stone" Discussed on WTMJ 620

"Issues, the biggest stories of the biggest foreign for talking about what matters on the biggest stick in the state. Now why from me and its wealth management studios at Radio City This is the Steves, Jeff Beatty show. Good morning, Wisconsin. Welcome to the Thursday show. On 6 20 WTMJ. It is the 11th of February. Of course, Valentine's Day is Sunday. The big Cream puff. Off pop up happening in state Fair Lovett to Kathleen O'Leary. I had one of the strawberry cream puffs yesterday. Delicious. Actually delicious. So nice job on there. It's also there's like you really have the national days. I don't do this every day. But they list you know, like this is what the day is known for. There's like seven of them today. I'm not gonna go into all of them. National Don't cry over spilled milk Day. That's a lot of lot of words and come on. That's a real thing. NATIONAL PEPPERMINT Patty Day. Here's the one is kind of tied to the holiday National giving heart Stay. Okay? Something those little candy hearts That makes sense doesn't make sense. Be all set for Valentine's Day. Got your plans in order, you know? I've got an idea. I reminded you on Monday. I know on Tuesday. I'm not sure what to do about that. It's a Sunday so it's harder to do something without the kids Breakfast in bed breakfast in bed. Well, that's not a bad idea and get the kids that they would like that. It's feeling on that simple. Some kind of doughnut. They're all in on that. Go to your local mire or whatever you got by you Festival whatever and violent thing of flowers. Can't always do that. Yeah. You always do the flowers. That kind of thing I'm just talking about like in general Hunt Sunday. Are you Order Now, what are you buying something? What do you do has my show Paul yesterday and it's over. That's right. Yeah, and we gave people three choices and we'll we'll reveal the winner will but later in the show, you know what's coming back today, don't you? No. Are you smarter than Bill Stone? Oh, wow. Yeah. Makes us return. You're ready for that? Because you've been out of the loop for a while. Okay, Here we go. Oh, things operate in the morning. 8 32 new. It's a little bit different than some of the other gigs. You've been working closely with the rules in the afternoon but have so much here. Strict tight, Shipley run. Yeah, Okay. All right, I'll be ready. That's about what is at 11 30 fives and when we do it, Jordan Yeah, sure. You got you ask you anything to today, right As Steve Anything's tasking anything 11 away, So I mean, we're all about asking questions today. Well, let's get the answers. What's with the beard? Be question number one. What's what? I just I just talked to Gina about that Just It is because it to him. Yeah, Simple. You just looks like the garden of the Gorton's fisherman Got nap. You're the guy who's been almost frozen food packages. Yeah, that's that's all right. Let's get to it. So you want about real stuff? Impeachment trial Day three is today. This is the day we expect the house managers, the prosecution if you will to finish their case. They only get 16 hours. So they're gonna wrap up today only 16. We can expect the trump lawyers to start tomorrow. And no word yet on that they'll use their their full 16 days. We could have a decision made by the weekend. So what did we hear yesterday? Well, there is more security footage really revealing Just how close writers came. Another one of their targets. Vice President Mike Pence, We saw a video of Mike Pence and his family being escorted out of the area. There, we saw another video of Senator Mitt Romney, who almost came face to face with insurrectionists, the Senate majority leader, the Senate minority leader at the time, he also Schumer. He was also seed running away from where they believed Some insurrectionists were the vice president thing is interesting, though, for a couple of different reasons, because this is how the House managers now are trying to get to their point of The president being behind all of this, Trump supporters had erected a gallows on the lawn. In front of the Capitol building. Another group of writers chanted Hang my pits as they stood in the open door of the Capitol building. And then there's this video of a protester with a bullhorn. Reading verbatim what the president had tweeted earlier about. The VP didn't.

Kathleen O'Leary Bill Stone Jordan Steve 16 hours 16 days Gina Monday Tuesday Sunday Thursday tomorrow yesterday Valentine's Day today Senate Schumer Senator Trump 11th of February
"bill stone" Discussed on WTMJ 620

WTMJ 620

07:25 min | 1 year ago

"bill stone" Discussed on WTMJ 620

"And Kevin can give you the nicest guy in the world. But my goodness, That's the stuff that drives the knife a little bit. Just a little twist. My goodness. Let's let's take time. I don't have a ton of time of you have interesting question. Glad time. Okay, Steve driven the climate that we're living in right now. If kun on our pride boys ran for the presidency, you think they could win the short answer? No, thanks for the call Time. Thanks for listening as well. No, but it's interesting. I mean, The amount of oxygen that these lunatic right wing conspiracy theory. You know, Racists are getting including apparently some local air time in Milwaukee yesterday. It is absolutely sane. It's an embarrassment shouldn't happen. And God forbid, if something like that did happen, and look, I get that everyone has Billy to say what they want, but then when you advocate violence or the death or extermination of other people based on their race or ethnicity Don't sign me up for that, And I think that's a that's a horrific development in our political climate in this country, So hopefully I answered your question. A couple more quick ones. Let's see here. Steve, are there too many executive orders coming from presidents these days? Of course. E said this I've said this for four years on the show. The climate of politics now is nobody wants to work with each other and other than that stuff If you're elected officials stopped doing this because I always say this to elected officials, they say, While most of the things we do are bipartisan, Yeah, that's the easy stuff. You always do. Everybody votes for it. That's because it's easy. The hard stuff is not Bipartisan. And when you have that climate you're gonna have presidents coming in, including the current president, Joe Biden. What's he up to? 30 32. It's insane, more than Obama more than Trump did in their early days of the presidency. I don't want Governing to be that it's the reality of the hyper partisanship political climate we live in. Now. It's unfortunate it makes it easy for leaders to avoid having to do the tough work in Congress. And it leaves the people like Marjorie Taylor, Greene and other nutjobs who make their way into Congress who will never ever Take anything seriously that comes from the other party. So that's my thing on that note. Let's see here from the equity markets. Talking text line. Steve Favorite Bourbon question. Mark, not a bourbon drinker, but We had this conversation in the cubicle area of our building that with Jean Miller earlier and he was telling me because I said All right, so I'm not a bourbon guy. What should I try? Is it? Woodford Reserve is one I am Blanton's gets that name gets thrown alive as and blends and that changed my life. Really, It's It's really good. It's really expensive. But how expensive Well yeah, it'll be like 200 bucks. Maybe there's something about somebody else. Social media was saying they were at a local bar in and there was a there was a bottle of bourbon. It was $6000 e. I can't do that Canopy. My buddy Steve Palette who loves bourbon. He always talks about all the different kinds of bourbon. He's drinking. I get it. It's a thing. It's almost a cult. Now. People just love talking about their bourbon. I'm not a bourbon guy. I'm a brandy Got I got into it during the pandemic because we go to visit people and sit around fires and have bourbon and sports became a thing this summer and fit that and winter. Did Angie your lovely wife ever say to you, Eric, Put that bourbon down. You've had enough. You ever say that to you? Amazingly no. You govern yourself your appropriate as I govern very alright. One more before the break. Let's see here I had and then I lost it. Here it is. Oh, so noodles and chili. Well, what did you say? You said yes, you know, And then I don't Adam to the chili. I'll make him separately and throw a few minutes of Wisconsin thing, isn't it? Yeah, because they have the noodles and the Children because I mean the true chili like the Texas Chili. There's like nothing in it. But meeting in the sauce, right? I mean, that's his basic hot sauce and You don't mess Chili Palmer. You don't mess around Maybe onions. That's it. Okay? Yeah, I'm not a kind of sewer, but this one. I mean, it's a curveball. I don't know if you know the answer, Steve, I need a good recipe for salmon for dinner tonight. Any ideas? Is that coming from my wife Because I hate salmon. She loves Sandy and Appleton or Andy. You're very much like my wife. And that's not. That's not a criticism. I hate salmon don't like it. I don't know why that is because I'm not a huge fish person. Unless it's freshly caught. Then I'll eat it anything frozen, even if it's fresh in case No. Is there any food better? Fresh than seafood? It's the most remarkable thing in the world. Fresh salmon is like gold in your mouth. If you get fresh if you get like grouper in Florida. It's amazing that's official leads. And I when I lived in Florida actually loved it, all right. Anybody that I didn't get, so we'll try to answer some of those towards the end of the hour, but great questions today. Bill said. You were fantastic coming back and you're asked me anything at all. Yeah, so far, so good. It's too bad. You won't be here for Friday and Monday, but hopefully be ready on Tuesday. All right, so coming up after the news break, we're gonna do a little something. I saw this story. So I'm gonna talk about Super Bowl stuff. It's obviously the run up to Sunday's game. I looked up the most searched Super Bowl foods by state, but I also want to add to that by saying, What are you having it? You heard me Ask Really great masters earlier like what's your go to thing? I asked John to care what his was. Everybody's got different answers on the go to appetizer that I ask you what yours was wings. Yeah, That's an easy one. That's a dozen times and my body makes him he make special ones. We're not doing the party this year. Unfortunately, pandemic. Yeah. So we're going to some 85561616 20 your go to dish on Super Bowl Sunday. Whether it's your small group are if you're doing a party Please be careful. And then I'll tell you in something that all the states was 50 of them. Folks. Most search Super Bowl foods by state It is 11 31 from the WTMJ breaking news center Eric Bill Stone, the State Assembly back on the floor. Today, the assembly will vote to repeal the governor's statewide mask mandate. Majority Leader Jim Staticky tells WTMJ Steve's graffiti that Republicans aren't anti mask but for rule of law. They say the governor's current emergency order is illegal. The repeal within have to go back to the state Senate for another vote likely later this month. A murder investigation continues in key Waske, Um, a suspect believed to have shot and killed two people Wednesday during two home invasions before giving into a shootout with Washington County sheriff's deputies Wednesday afternoon. Was later found dead of a gunshot wound. And the number of Americans seeking unemployment benefits fell to 779,000 last week, still a historically high total that shows a sizable number of people still losing jobs. Mainly because of the pandemic time Now for the WTMJ Drake it associates market update Right now. In Wall Street, things have been looking good. Still in the green. The Dow is up 253 to 9 30,076. The NASDAQ is up 103 to 13,007 13 and the estimates of 28 to 38 58 wtmj paella governor. Com Time Saver Traffic 94 Eastbound Highway 16 All the way into the center of the city will take you 17 minutes, So no delays there. 41 45 soft on highway cute to the zoo. Also delay free. It's 15 43 South, Don brown the road into the market on time in 12 94 north bound from latent into the market. No problems looking good seven minute trip into Milwaukee. Traffic is sponsored by Tayback attorneys Com Veteransbenefits Deny Call Tae back for the Payback came back law fights for those who fought for us, if your bet and have been wrongfully denied the V a benefits your entitled to call Tae back for the payback. Tayback attorneys dot.

Steve Eric Bill Stone Steve Favorite Bourbon Milwaukee Florida Congress kun Kevin Chili Palmer Steve Palette Texas Chili Woodford Reserve Senate Joe Biden WTMJ Obama Wisconsin Billy
"bill stone" Discussed on WTMJ 620

WTMJ 620

04:04 min | 1 year ago

"bill stone" Discussed on WTMJ 620

"Drew bedrooms, crazy, large and super deep drawers or you can put away 427 T shirt. Wow. Maybe that's why the Drew is one of our biggest seller. Bedroom's that penny mustard not only doesn't look amazing, but it offers maximum storage space in case you need somewhere to store 846 decks of playing cards. We called the chameleon because it can match any status or 587 bananas. Choose your favorite solid wood staying and hardware or 688 remote controls it forever type that bracket 92,461 sparks and drawer bottoms you, khun! Stand on, or 237,682 packets of soy sauce. How do you know that? I order a lot of moo goo guy pan drew bedroom with Queen Bad. Eight for a dresser, Landscape mirror and three drawer nightstand, starting at 33 54 at many mustards, showrooms and walkie in Chicago. Any mustard dot com Better, bigger and deeper versions of what people want. You're listening to the Steves Graffiti Show on W. T. M. J. All right. Couple checks to Ah, hit. Here's one. It praises me. I'll give you one. It doesn't like me so much. Steve. I love your tough love the president because I'm a liberal, and that makes me cringe because you tell how it is. And folks need to hear it. Thank you so much. Let's see. Eric cut off. Steve's Mike. He sounds like a deranged liberal who, boy, you're gonna make me mad. I don't have that power. Jordan does, George you? Yes, you can, can't you If I start talking, Yeah. There you go. See, Khun Jordan has all the power here. He's the producer. From the ninth row. Trump complaining about legitimate results. Results goes all the way back to its free for selection Iowa caucus when he lost to Ted Cruz and went about cheating, So I'm not surprised he's doing this now. Brett from Green Bay from the 414. We knew this election was going to be full of fraud. It's the Democrat Way more votes counted than registered voters here. Wisconsin Election Commission disputes that by the way On. Also, we have same day registration. So those numbers are all you can be pretty fluid on Election day in Wisconsin. I have it in front of its 3.6. As of November 1st. There were 3.6 million registered voters in the state of Wisconsin less than that voted In the election yesterday, so that that was blown up instantly. Thank you for that. Eric Bill Stone. Let's see from the 19. I voted for Trump win, lose or draw. I said the results but for a president has been harped on since day one. I group that actually I'm not unfair. He has been Persecuted and may be prosecuted by some people who have not lived, literally giving him a chance from day one from the 26 to this totally reminds me of when Walker lost the election. Walker has us going like wildfire. Eva's wins the election. All the deals fell through because of you. That's what's going to happen. The country buying is going to blow it all up. No optimism for the future from at least one texture. Jim from Economy Walker Given last word Before we go to news, Trump lost more than a presidential race. He also lost his blanket protection from lawsuits, Bank fraud, tax fraud, insurance fraud, wire fraud. And more. We shall see that book if it indeed happens, because, as I've said over and over against president starts a path, the victory here it's getting harder. But he still has a path. That book has Yet to be written, or at least a chapter of the Trump book has yet to be written. We shall see on what happens if he loses. Post January It's 11 30 Am J. Breaking his center Erik Millstone. We'll start with some Packers News to start 40 Niners wide receiver Kendrick born has tested positive for covert 19 0. As of now, the Packers 40 Niners game tomorrow night is still a go. Decision. Wisconsin Joe Biden has a 20,000 vote lead over President Trump right now in the state of Wisconsin, The Joe Biden also leading in Michigan. At the moment, it appears that that lead is insurmountable. Yet the race for Wisconsin has yet to be called. Let's get the very latest from ABC News. Your voice your boat A day after the election, ABC News says Democratic presidential.

Trump Wisconsin president Khun Jordan Wisconsin Election Commission Bedroom Eric Bill Stone fraud Steve Packers ABC News Joe Biden Steves Erik Millstone Chicago Walker Ted Cruz Green Bay
"bill stone" Discussed on Behind The Numbers

Behind The Numbers

03:16 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"Right? So think about the.com Bubble there really was a kernel of Truth? Yeah, the song changed our lives. I mean imagine what what has happened since then but it's kind of to our original point it matters what you pay for things so you could have, you know gotten into a great company that but the fact is if you paid 200 times sales, it's still doesn't likely work out well for you. I mean, there's a possibility it does but the odds are getting much lower and especially back then wage. You had companies that were coming, you know, you saw two coming out with business plans that you know speaking of thing, you know looking through and you're like this is no way. I mean literally your business plan to spend as much money as possible, you know revenues will come later and that's like yeah, not not so much. That's why today I think is harder because I don't think you can declare necessarily growth stocks a bubble. Like I think about the stocks have been doing very well in this market. So, you know Microsoft Amazon off and I don't know. I mean they look very expensive to me, but I wouldn't call them a bubble because they are phenomenally good businesses. I always use Microsoft. It doesn't get much better than Microsoft. I think is a business owner. I have a monopoly essentially on desktop software and everybody who gets my software it cost me almost nothing to produce that software one more time. It took it just when you're Thinkin through the annals of businesses. It doesn't get much better. Okay, you go to things resonated there with me one we learned with hindsight that yes, you can buy pet supplies online and make sense and not too. I remember distinctly having a conversation with a CFO back in those days where we're doing the valuation analysis for his business and he made the case very strongly that the more he loses the greater his dog. Relationship. Yep, and my head nearly exploded. This is not what we learned in business school know about 30 seconds. I'm going to ask you one more squeeze one in here. I know we're coming up on Election season here, but elections off our cycles and they're analogous to Bubbles to some degree. What what's your advice for folks on buying selling coming into an election season. Most of it is used to just ignore it when it comes to your investment. So I think the only part that should say is you know in I try to make sure I save is not a political statement. It's just if it's a completely Democratic sweep, they they've said they're going to likely raise taxes on corporations all off as being equal companies are worth less than they were the day before when taxes are raised right cuz you have to look at it like the net money coming to the owner doesn't mean it's the wrong thing to do. I'm just saying that it's typically part of it down, but that being said, I wouldn't make any decisions based on politics. I mean, honestly, it's been a loser to make those decisions. Yeah, exactly great advice Bill, unfortunately at a time I can't thank you enough for joining. Thank you. It was it was a pleasure. Hopefully we'll have you back again and lend your insights to it. Yeah, we've been talking all things investing with Bill Stone who's the chief investment officer at Stone Investment Partners and want to thank you all for watching and listening May subscribe and hit the ring the bell if you're watching on YouTube so you can stay in contact with us and know everything that we're up to. We will see you again next time when behind the numbers meantime. Take.

Microsoft Bill Stone business owner Stone Investment Partners chief investment officer CFO YouTube
"bill stone" Discussed on Behind The Numbers

Behind The Numbers

05:48 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"So that's what I can tell you. But so then if I will tell you a little bit about that now I look at it. So I think the first thing the most important thing for me is I actually dig into the managers process. So how do they actually won say that they pick the stocks that they're investing in or it could be bombs, but let's focus on stocks right now any sort of security issue, but anyway stocks, so that's the first thing and then so I I'm lucky enough or maybe whatever. I read a lot of academic papers and have spent a lot of time in this business. So I generally know what page it should work and what doesn't work. Obviously, they probably have a pretty good track record. So it seems to work the other part we can do is I can actually go quantitatively and rip apart birth. Returns and see what's actually driven him so I can see what they owned and whether it's got value characteristics price momentum characteristics. And what I do is also match up and say well what you're telling me how you suck stocks. Is that actually how you seem to be by the you know behind the numbers picking picking the stocks. I know I'm going to get a bonus for this. So I think that's another part but I always go back to let's just assume that they're actually doing what they say. They're doing is can they actually the replicate that and there may be times honestly a lot of times my the best manager sometimes that I may pick are actually when they're probably not doing very well at that very moment relative to say this would be five hundred because their style is out of favor because things go in and out of favor. It's kind of life. You know, right now we were talking about earlier growth is very much in favor. So what you'll see is a lot of these managers have growth characteristics. That's the way they've always pick stocks are doing phenomenally and then the ones off Underneath it are really more value-oriented..

"bill stone" Discussed on Behind The Numbers

Behind The Numbers

05:10 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"Hey everyone, welcome back to behind the numbers. I'm Dave bookbinder. And today we are talking with Bill Stone about all things in Vestal built in the first segment. We just ended towards the commercial break. We're talking about active or passive investing and you alluded to alluded to something called systematic investing. We didn't have time to cover that in that segment need to explain what that is sure. You know, I kind of think of it as the the middle middle between active and passive. So passive I'm going to say most people will be talked about earlier may be they defined that as market-cap-weighted. That's kind of become the the definition is the largest companies in market capitalization become the largest weights. So often systematic is in between. So what systemic investing is done is take some of the things that frankly active managers have done over the years to try and outperform and and frankly, I would argue many of those Things do actually work over the long term and applied them rules-based though in a systematic way. So it's kind of that Middle Road. So the other part that happens in in when you're looking at these investments in passive Investments, you know thinking about implementation costs are going to be the cheapest, right? So you're going to have the internal fees. Well, they better be the cheapest by the way, so it's they should be and they you know, they should be the Jeeps about that systemic is going to be a little bit more expensive probably and but then active is going to be the most expensive because you've got a lot of individuals their systematic you just built the rules and you go from there, right? Yeah. So that is usually we talked about it for a minute earlier. So you'll find people also might call it Factor investing those factors again are really just think that active managers have found and and and frankly academics found do actually produce better returns or better risk-adjusted returns, whatever you want to say over time so long Samples might be with long histories of outperformance our value..

Dave bookbinder Bill Stone Vestal
"bill stone" Discussed on Behind The Numbers

Behind The Numbers

04:04 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"So you get the smaller companies has to be six hundred. Is there small dog smallest companies kind of in their Quantico universe, but they also have an added constraint that the committee looked actually that's the other part has to be five hundred action is a committee that decides what goes in there but there they do have guidelines as to what should go in and one of their guidelines is they want the company to have made money over the last twelve months and in small caps that is a big difference. There's a lot of companies that do not actually make a profit now interestingly enough the over the long. Maybe this is not it this is probably not a surprise over the long. or. The SM P600 has I'll perform the Russell 2000 by a large amount but interesting enough this year the Russell 2000 has done much better than as a P600. I wouldn't have necessarily guess that if you if you say what's going on in the world, but it's just an interesting side note, but I just kind of make Dimension because it is an active decision as to what you actually do even indexing. So there's an active component within this so-called passive investing and when you move into the funds and what they own in terms of how they invest and what indexes they're benchmarking to I guess you get even a little bit more. I'll call it noise. Yeah, so I mean yes, and so then let's talk a little bit off active vs passive. So I think you know one is where do you where where would you maybe think about adding active managers or in manager? That doesn't just follow kind of the rules of a of a passive in dead I think in places where you thought the manager had some sort of skill, I'd say the other part is you maybe don't want to take the same risks that the index takes right like it has to own or most of them. I mean birth. When they can get past most indexes our market cap-weighted so you're going to have the most of the biggest companies and and on down so maybe you don't want that risk profile. Maybe that doesn't suit what you're trying to do. You may have a specific objective of getting more income, you know, maybe dividend income that one to me is a good example, that's a place where I'm kind of interested right now because off a lot of the either indexes politely index is in dividend-focused have a real problem right now due to covid-19. Sure, but but at least right now it looks like you'll see a lot of those dividends come right back. But because the rules based in these indexes a lot of them. They can't own these companies which I think is probably an opportunity for people to be a little more active in some of those spaces and that's a great point because that's the fine print at most of us. Don't bother to read when we just scroll through and hit accept or I agree, right? Yeah. This is a good song Take a commercial break. So we're going to pause folks back in the production area. Let's roll a commercial here will pay a few bills will be right back on behind the numbers don't go anywhere. off.

Russell
"bill stone" Discussed on Behind The Numbers

Behind The Numbers

03:33 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"Cuz I think most folks might think about a remote As more of an intellectual property kind of a thing and many times it is and affection things like that are the are the IP protections as effective as mature. I mean, I think they can be as you know, you can get around some of the you know, you can get something kind of a Jason do something similar that maybe doesn't actually legally come across I think long, you know, it's a thing you have to spend time on right as you decide, you know, some of its ecosystem to write like so you may have this this intellectual property, but you also have built up. Off of an ecosystem that no one wants to leave right? I kind of use apple as an example of you know, you can't exactly you know, they have sure patents on a lot of that stuff. But at the end of the day, they've got enough people you actually want to be most people are many people want to be in their ecosystem and it's they also switching costs, right? You don't want to leave. Those are the things you have to think about not just the numbers of we have the numbers look great right now. But the future is obviously if you're buying is what you're actually buying. I didn't buy the past company. I'm buying the future company right switching costs is huge. My daughter was trying to persuade me to change phone providers and I'm commission Apple because there's so many other devices and other things that we have so I get it. Yeah, I was never I mean, I I don't I don't want to make it commercial for Apple. I don't think the stock looks that great at the moment just cuz it's very expensive, but I was never an apple wage in but I'm telling you know, I'm I'm the same way. I don't I have a bunch of Apple stuff now and I don't want to leave either I know for folks are watching and listening and they want to learn more about you or how maybe you can help them and they can work with you..

apple Jason
"bill stone" Discussed on Behind The Numbers

Behind The Numbers

04:42 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"I certainly lifted that from, you know, Warren Buffett and Benjamin Graham that taught him. I think that's a big difference and maybe the way you know, what I think does quote unquote true investors. Look at things versus somebody who's frankly speculating. Yeah, so then grass And Warren Buffett iconic value investors. So when you think about the mindset and part of that component of mindset has to be growth versus value. Where does that all play in? So I guess I am kind of say there's there's a couple things that gets complicated but we'll keep it simple to a point is to me everything is value right it and I'm sure you would agree with this value matters, right what you paid for something matter. It's like in terms of if you're trying to figure out what your end return will be it matters what your purchase price is, you know, you can buy a phenomenal company. If you pay too much for it. It's still may not work out for you. Right? It actually is a great learning, you know, all those things. But if you paid too much to start with it's still may not work out so that differentiation is a little bit different. I think you know the way the way you know indices and and so forth do it you might you end up with companies that you know, say are growing. I think they earnings or sales more birth. And some of the other ones in this I'll say in the short run and that's how they kind of differentiate them. I'd say that's the way I kind of think about it. We're right now anyway to kind of go back to at the moment or frankly off, you know for awhile here a couple of years has been really companies that have been able to grow revenues in particular. Obviously you hope that turns into earnings in the end, but I can gross sales in the short run. Anyway here that they think will turn into earnings have way outperform companies that had a s a harder time doing that. Maybe they can't grow sales at well, maybe their earnings have grown. Okay, because they've you know bought back stock done other sorts of called Financial engineering that's I'm not I hope that doesn't sound negative it some some of it is but you can use it in a positive way as well. Sure. You talked about thinking about your investment ownership as if you're owning the business can we drill into that a little bit more and and help folks to understand how they can not only adopt that kind of a mindset. But how do they actually do that job? Practice as opposed to just thinking about companies as pieces of paper. I think I guess I would say two things, you know one is you know, you look at the numbers, right and that's maybe more of a long piece of paper. But I also try and understand how they how those numbers came to be. Right? Like if you're earning say excess profits. If I you know, you continue to have good earnings. I want to know how long your business to a point Works obviously can't know everything but I want to learn kind of what the what works. I'll give you example the other part cuz maybe it becomes more clear. The other thing I'm interested in is office. You know, I think more Buffett talks again. I use a lot of his stuff..

Warren Buffett Benjamin Graham Financial engineering
"bill stone" Discussed on Behind The Numbers

Behind The Numbers

03:17 min | 1 year ago

"bill stone" Discussed on Behind The Numbers

"The other business channels like Bloomberg talking about markets. I'm super excited to welcome Bill Stone who's the chief investment officer at Stone Investment Partners Bill, welcome to behind the numbers. Thanks for having me. It's a pleasure. I know family. Well, let me just start I'm getting excited here. Let me just ask you to tell the audience little bit of who you are and then we'll jump in shorts. You mentioned it. I found it Stone Investment Partners, but I've been in the wealth management and asset management business for really my entire career along the ways a different firms and you know, I always tell people you know one is I love it, too. I really know how to do anything else. So I really have no choice. Well, I'm super excited to have you in the program because I know normally when you're doing the other big network shows they have you on to talk about a market event where the stock market's going. What should you do to Thursday? It's really about the numbers in the moment. So super excited to go behind the numbers with you and give you a chance to unpack some topics that you don't normally get to do on the other programs that said why don't we start by talking about your wife get involved in Investment Management? So you know first thing was interesting is that I didn't know anything about it my parents or my mom was a as a retired teacher. My dad is a retired biochemist. I actually read about investing in the library. I guess. I was what you would call a geek in the day, maybe still am I'll deny it but okay and then by you know, honestly partial luck, I got recruited to work for Salomon Brothers in New York partly. I'd had read the book Liar's poker decided that that was like, you know was the king of Wall Street at that point and wow, could I get birth? Are and I made it but what really changed things was while I was there. Actually I wasn't in there a couple of months. They had a big scandal in Warren Buffett had to come in and frankly save the firm and I got you know, I knew of Warren Buffett. I think I know I did before then but I particularly got interested in him. So that really I would say kind of sent me on my path off. Yeah, and I want to spend time talking about things that will resonate with investors more so than necessarily what should I buy? And how should I plan around calling short-term kind of thing going to take the Long View here. With investor mindset. So then full transparency. I'm guy who subscribed to magazines with pie charts and so forth and I've got an MBA in finance Investment Management. So I wanted to be you at one point and couldn't hack or whatever found something else, but growing up in the mantras always buy low sell high and I know there's a lot of momentum investing and people want to be turning and buying the latest and greatest song. And chasing, you know, the the bright shiny object. What's your perspective and counsel for folks regarding the right mindset to bring to a longer-term investment strategy. Yeah, and I think you know, I will say a quick thing about momentum, you know, I believe in price momentum. I believe it works. I think you have to systematically implement it deep down in my heart. That's not really what I love like actually believe it works. But what I really think I should do and what I think works long-term and is a a long-term investment style is is really to look at a stock like a company. So, you know, you actually look at it like your own piece of an entire company rather than just a piece of paper and I think you know, that's one thing..

Warren Buffett Bill Stone Stone Investment Partners chief investment officer Stone Investment Bloomberg Salomon Brothers New York
"bill stone" Discussed on WTMJ 620

WTMJ 620

02:06 min | 1 year ago

"bill stone" Discussed on WTMJ 620

"Left center, and it will be over the head of archaeology and off the wall. Jed Jerko is going cruising. Made a maze. Jace Peterson with a ringing double when we have the members have seven close. That was crazy. So that actually almost sounded like Heather. Okay, so that was a different one. So that was a double. So another run in its now 42 Nobody out man on second. Okay, Um Let's go with number. Room number 15 is Jacob Nottingham. Long look into Perez has the one he wants, and the first pitch to Nottingham is turned on and hit two deep lap racing back is Gordon at the track. He runs out of Rome, Jacob Nottingham with a grand slam and the Brewers lead at six. That makes it four for which means our winner today is William. Oh, that strategy work for you. Even though we tied the home team wins Joanne, so Adulation that they win. Thank you very much like virtual baseball will get that trophy printed up for you. Next time we actually be faced the place meeting. We'll hand it off to you. Alright? Thanks for spending some time with me today. Always love that love talking to you about a lot of different topics and keep me posted on the documentary, please. I sure will. Thanks for letting me talk to you in all your listeners and go. Hey, that's a great way to end a playoff team. If the season on today. Thank you joined Williams. All right, take us out of here. Bill Stone. You know you sweat but you don't even know if you walk around You take a good 23 hour walk back to the team hotel in closer gone. This melts off. Thanks to join William for joining me as my guest hosting the Clocktower talked about a lot of fun stuff for your documentary. Good luck finishing that.

Jacob Nottingham Joanne William Jed Jerko Jace Peterson Brewers Gordon Bill Stone Perez baseball Heather Rome Williams
"bill stone" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:45 min | 1 year ago

"bill stone" Discussed on Bloomberg Radio New York

"Donald Trump says he's using the snap back against Iran reinstituting sanctions that were put in place at the inception of the U. N Iran deal, even though the U. S has pulled out of it. He also reiterated the fact that money has been pulled from Hong Kong. That it is good for the U. S economy tonight is Kamala Harris night at the Democratic Convention. Barack Obama Elizabeth Warren Hillary Clinton on the ticket as well. Secretary of State Mike Pompeo says he is not surprised. China has not come up at the Democratic Convention. White House is now saying the president will judge the fairness of the election after the vote. And when asked about what he might do, she refused to answer. California's fighting 367 wildfires. 23 major complex is still the potential of power blackouts in the state through tonight, the US Supreme Court says. We'll hear arguments over the constitutionality of OBAMACARE on November 10th Trump chief of staff, Mark Meadows, says he does not know whether mail processing will be affected. By the Postmaster general's pulling a mail boxes, he says. The postmaster general made those decisions on his own and Hong Kong cases, a covert 19 have dropped to pre surge levels. The numbers reinforced hopes that stringent citywide containment measures can be eased in San Francisco. I met Baxter, Kathleen. Good. Thank you very much. We're going to get back to our conversation now. Bill Stone, He's CEO at Stone Investment Partners joining us from Philadelphia. So, bill value versus growth. Ah! You know, we've had a big rally, right? Obviously So funny, isn't it Took what? 12 Days dinner Bear market. And how long did it take to get back up to all time Highs, just about right. So if I'm somebody who's written it, what should I do now? I mean, what is your best? Pick your best recommendation Predictive. Somebody invested and made some money already and wants to make more. Yeah, I think it is a time for a little balance in terms of, you know, uneven path there are, you know, go back further than even this bounce. But this is just emblematic of the huge our performance of growth versus value. So even if you started at some point with a relatively balanced portfolio, the growths idea portfolio has become so much bigger because Values. I just really hasn't You know, done much right? Andi, I think it's one of those times to go back and, you know, just leased Think about moving toward some balance. That's particularly the reason why I've been beating the drum on value, You know, since you know pretty much early August because the differential between the two Just got to wide in terms evaluations. You know, there was a lot of good news built into the growth or still is, and there's good reason to be. There are generally speaking better, Cos frankly, but the value is just, I think, got to cheap relative. So I think there's an opportunity to go fishing in there a little bit. Yeah, Fishing is probably a good analogy. You have a patient there. Two of Let's talk a little little bit about us, China So the talks between the two appear to be back on and this is really just talks to review. Progress on Phase one. But then President Trump is threatening to put sanctions on Mohr Chinese companies. Alibaba is sort of in the crosshairs now, and the earnings will Will be coming up. You know the policy from the president. I don't think Jack how to frame the question, because this is the world that we live in. But you have to be careful when investing when he could just take a swipe it Good wear a good year. And what do you do? Yeah, I think you just have to be aware of the headline risk. I kind of quit it too. You know what? Obviously nothing's ever exactly the same. But you know, the cold War with Russia, Where just out of nowhere. You could get things to heat up a little bit, You know, hopefully, nothing goes over the edge on. I think that's the same kind of thing to think about with China is Were. I think we're in a cold war with China. There will be a favor, you know? Some small targets. Maybe that's not the right word on. Maybe they're not that small, but they could definitely show up and cause some serious volatilities. Smaller parts. I don't think That word, a point where we take the whole relationship apart, But certainly you're seeing these pieces that you've got to be aware of, like you said that they get in the crosshairs on could certainly show up in terms of, you know, regulatory roadblocks to some of those companies. Fed reserve. They did make big news today. They were in the news because they're released the minutes of their last meeting. To me, the most important thing that bed has told us over the past three months or so is when Jay Powell said at the Was it the Jew meeting where, he said, We're not even thinking about thinking about raising rates, you know, and this is doo markets, especially if you're a stock market person. Do you really care about anything but that the bed's going keep buying bonds. They're going to keep rates low, and they're going to continue. To urge Congress to spend more money and seems to me all those air pluses for stocks. I think so. I think you know today was a little blip mon, you know? Yes, it didn't show up. Maybe exactly like people were hoping that we would perhaps get some sort of guidance that we were, You know, beyond what you just talked about that they might just explicitly say they were going toe overshoot our inflation target even before we even think about it. You know, it's kind of said that, essentially but that that would be Put into her into some sort of policy on maybe that would be the you know the positive, But when you're sitting where you just it all you know, new highs. You know you don't exactly get what you want back that part of the sell off..

China President Trump Hong Kong president Democratic Convention Barack Obama Elizabeth Warren Iran Kamala Harris White House Mike Pompeo US Supreme Court Bill Stone California chief of staff San Francisco Alibaba Baxter Fed
"bill stone" Discussed on WTMJ 620

WTMJ 620

05:54 min | 1 year ago

"bill stone" Discussed on WTMJ 620

"T and J. All right, thanks to Elaine for playing. Are you smarter than Bill said. Don't forget next week, we flip it. One lucky found the shell gets to go ahead headings, me and five questions created. By Eric Bill Stone that should be challenging. We'll see how much I really know. And I'm gonna be off money on Tuesday so that so the advantage goes to the fan of the show, but we'll do that next Thursday at 11 35. All right. So I was going to do this earlier than we got in the conversation after the Eric Trump interview, which you can find on your podcast page w t mn dot com A fascinating perspective on The race from the Republican side of the aisle confined it as I said on our podcast page, but I was going to do this earlier, so I want to just give a quick hit on this. So it's our show poll today, and I don't have a lot of time to spend talking about it. But on Facebook And Twitter. At 6 20 times. I asked you this question, and here it is. US airline travel has decreased significantly during the Copa 19 pandemic, with Congress debating more bailouts for the industry. I asked you the question. Do you plan to fly in the next six months now, If you listen before, I said, I think I'm on my fourth cancel vacation this year, and it's really three of them with the same vacation was to Vegas just kind of shuffling along. Hoping that things would open up and I was supposed to leave today for Las Vegas and said, I'll be doing a a staycation starting this afternoon through next Wednesday. I'll be back. But I think it's interesting that I'm Facebook and Twitter. The results are essentially the same, which doesn't always happen on our show Poles. So the question again, do you plan to fly in the next six months? Yes. Right. Around 30% on Twitter and with no being 70% and on Facebook. Let me pull that up quickly. It's about 25. 75. 25%. Yes. So 1/4 of you one and four. So yes, 75% 3 or four. Say no. The reason why I think this is important. Big headline yesterday, Majority. The US House backs new bailout for the U. S passenger airlines. We know that they're there. Travel travel by air has plummeted. I've seen numbers 95% 90%. Airlines are now asking for an extension of the payroll protection plan and to the tune of about $32 billion. I've made this comment before. About airline travel. It has become more of a mass transit. They've made a cheap crowds into airplanes to crowd in my opinion. We step, wider seats, more room, more leg room. Now they've They've essentially Created a flying bus and it's become very cheap to fly to places all around the country. One of the things that I think might happen as a result of that. Decision and this pandemic is we could see airline travel shift from that model to one where I think it used to be where it was something that was more of a luxury travel items. 8556161649 take calls, But I'd love to see your text responses on that. Do you think that might happen? Because I think it might. I think we are in a position now where we'll see business travelers. And some vacationers, but the interesting kind of thing that could happen as a result of this. I was talking about this before the show with one of my teammates. Is it the return of the 2020 version of pile of kids in a station wagon? We're going to pick a place Disney world. We're goingto Wally's world. In the end vacation, I I think that might be part of the fallout from the pandemic. It could change how we vacation. Look, I'm not an elitist. You can afford to flies of flying, and I hope that airlines survive this, but I think it's being Rather naive to think that this pandemics not going to fundamentally Reshaped that industry in remarkable ways, and one of those ways is going to be less options. More expense. When you want to fly somewhere. Not something that used to fly what 75 nights a year for work. Then I stopped doing that. But I still flew different places for vacations or speeches that I was making or whatever I was doing. And I think I said it before. I don't think I've flown since last September. I think, ironically, to Vegas So things have changed. Going to get to this on our future show because I think this is one of those those topics that requires some conversation. Sitting here today. A couple things are gonna happen. One Congress will bail out the airline industry is too important not to Two. Schedules will be reduced. Prices will go up. But people love flying the convenience. The ease I mean, that's that's negotiable on the easel flying by air. What is it? Three now four hours to Vegas. 45 to the West Coast to two or 2.5 to the East Coast, and you know Florida's 3 2.5 That is a remarkable thing. What we could see that shift between More of a mass transit option 21 of more of a luxury item based on a pandemic in the reality that life is going to change after the pandemic and all the things we're used to all the ways of life. Are going to be different in some way. Restaurants, air travel vacations school all will be different in some ways, In some places. That could be the case for a long period of time. There's lots of comments on Facebook. One of the cool things to do if you win on the show, Paul, you could read something. Comments. I'm gonna read a mall, but Not a lot of love for the airlines. But there's also folks like Jeff on Faith could say airlines. Are safer places.

Facebook Las Vegas Eric Bill Stone Twitter Eric Trump Elaine US US House Congress Disney Vegas Wally Paul Florida Jeff
"bill stone" Discussed on WTOP

WTOP

01:36 min | 2 years ago

"bill stone" Discussed on WTOP

"The sentence for a long time trump ally Roger stone for several counts including lying to Congress live now to the courthouse in Washington correspondent bill Rakoff bill there was no emotion on Roger stone's face as judge Amy Berman Jackson sternly explain the factors that went into his sentencing and why stones behavior was so egregiously criminal stone was convicted of lying to Congress over the wikileaks scandal obstruction and witness tampering addressing stone supporters who say that it was a political prosecution judge Jackson said that the house intelligence committee had a duty to investigate and that there was nothing phony about it and bill stone was not immediately sent to prison right Matt they judge defer the sentence for two weeks and that is just long enough for stones attorneys to appeal for a new trial corresponded bill Rakoff live in Washington bill thanks loyal laws Laurie Levinson says judge Amy Berman Jackson satins comes amid the controversy surrounding the intervention of Attorney General William Barr and president trump I think the judge was in a tough spot but she handled it exactly how you would expect her to do so which is not play politics do her job evaluate the case and give a fair sentence will following a rough first debate last night twenty twenty presidential contender Mike Bloomberg went right back to campaigning today addressing a crowd of supporters in Salt Lake City dress like last night at the bait except the other people on the stage are actually happy to see me now there are just two days to go before the presidential caucuses in Nevada after that contests lumen South Carolina followed by super Tuesday on March third when voters in fourteen.

South Carolina Salt Lake City president Attorney Washington bill stone stone witness tampering wikileaks Roger stone Nevada Mike Bloomberg William Barr Laurie Levinson bill Rakoff Matt house intelligence committee Amy Berman Jackson Congress
"bill stone" Discussed on The Jump

The Jump

02:36 min | 3 years ago

"bill stone" Discussed on The Jump

"I think this guy's delimit I think he's really special talented and I have to agree with coach K on my thing is is so hard to make the all star team unless you go in as the popular vote. Right. Which is fans medium players. Right. Then it's hard. Because coaches don't like giving rookies the nod for all star above vets who play that same position aspect for. And, and like we said, we know there are a lot of really good players in the front court in the Western Conference. So I think it's not so much how well he's going to play out. Well, he's not gonna play just the competition. Forget that's about unless he gets mowed another starter. And that's the thing he he. Like this guy's the like he's been. He's the he's been the biggest name in basketball in college last year and NBA over LeBron Kadian everybody, he was the most talked about God. It's like the time of year with the tournament and everything, overlap when LeBron was hurt. Absolutely one hundred percent. Right. You kind of got that cross, and even bras, said Brahms, like man, I, I never seen a guy with this much expectations that this much height like people wanna see this the other thing I wanna say is how well he's gonna play one thing. I love his motor you love it. We all love that, when an elite player who plays like a guy who's who's in for a spot. Right. Saloon but he's going to have to learn at this level. You gotta pump the brakes a little bit. There's going to be time to go one hundred times gone one hundred every single time the, the legal catch up to that. And they'll beat you like that. And the only the only thing I have the only concern that I have with a on is just one concern. They'll have nothing to do with his talent. I just would like to see him get his way down. That's the only thing I would like to I I don't know if just rate city for that. But I tell you, what New Orleans is a great city. But that front office there. They got in Griff. That's great. Janci. I know we're all coach. Absolutely is one of the biggest signifier is for me is going to have a successful year. We will be talking so much more about the future, the NBA they're all going to be here tonight, high dose on this green carpet. We've also got Chauncey Bill stone. Talk about who should go number two. In this draft. We still have some distant replay, the very end of NBA finals past and we're going to bring it to you. It's from this date nineteen ninety three I. Vaccine take.

NBA LeBron Chauncey Bill stone New Orleans basketball Brahms one hundred percent
"bill stone" Discussed on Mason & Ireland

Mason & Ireland

03:47 min | 3 years ago

"bill stone" Discussed on Mason & Ireland

"It's unbelievable this. Let's keep the show the young guy. But it's not just this town. It's every town Mace they fall in love with the guys. They draft that. So when I was younger, I worked at Fox Sports radio. I did national overnights for them. And I remember being on in Boston during the cage e trait, right. And there were people literally calling me wait wanna give up Alhaarth's tended. I'll Jefferson right out Jeffers, Gerald green like we don't want to give up their guy guy for Kevin Garnett. Yeah. That was like, are you guys stupid? Like have you lost your mind, who is the angels team that would never trade anyone stoneman? Yeah. Bill stone can't train them. We raised them can farm. That's ridiculous. If you. Can get one of the top five or six players in the league you get him. Whatever put him with another one of the top five or six players. Correct. And by the way, then you still have thirty something million cap space to surround those guys with with complementary colors this a little bit too is. And this comes up all the time on, on the Twitter machine that they look at the Angelo, and they look at Julius Randle and they say we gave up on those guys too soon. So what they're not game changers though, you know what I'm saying could they have gotten more for them or should they have gotten more valley for them? Yes. But that's that's on the front office that, that has nothing, by the way. I'm that's not even the guy I worry the most rat who got away. If you say thank you take one back that got away. Bring back Lopez refer three million dollars. Yeah. I mean you gave Michael Beasley that money. Hey, freddie. What did we see with this Joshua fight is he does? Is he a glass jars? He not what we thought he was okay. A lot of people. Have spoken out against Anthony Joshua and the British fans who now can speak to American fans whenever they want through social media are very vocal about their guy as they should be. But a lot of old school boxing is have all talked about his defense, being much more than suspect is just not there. And then they talk about the chin and the example that the old school guys all give was the fight. He had against that, that light heavyweight, Sasha, whatever's last name was not pavilion, but something like that. Right. And this guy is a light heavyweight. All right. He's just a Russian amateur guy who has the Russian amateur style. Everything is not that hard to figure out and he wanted Joshua. And this guy was given up thirty five pounds to Joshua and wobbled him. So everybody and Dante Wilders has been the most vocal about it. He was the one saying, you know, this guy has been ducking me. He's a bum. You can talk about me throwing punches all you want. But this guy has no defense. He backed straight up and if I hit him with my right hand when he back straight. He's dead. What it Anthony Joshua do he backed straight up. Yep. You got all your weight on your back foot. There's nowhere else for you to go. And you got clocked with a right hand and they also got stung with a left hook in a bunch of other shots. Right. But that overhand right. Exposed him bad, if I'm him or as people, I don't even want him taking the rematch, so you don't have to doesn't really have to. It's his choice. The rematch triggered by the contract is what can yes he doesn't look, Bob Arum could easily go to Dante's opponent Luis Ortiz and be like, hey, here's ten million dollars. You're injured. These happened every a winning. John kissing Joshua's, next fight should be wilder. I think if he's going to blow the window, I wouldn't wanna lose to the same guy twice, if he does he will never get to while, especially when the guy looks like that. And once that guy knows he can take your best punch, and you did not come out, and he knows you can't take his best punch. It's a lot easier to be enough that loss isn't a fight with wilder much less sexy. Of course, less sexy. But what else do you do like this guy? And I love him but he wrecked the heavyweight division..

Anthony Joshua Dante Wilders freddie Bill stone Boston Fox Sports stoneman Michael Beasley boxing Kevin Garnett Twitter wilder Alhaarth Bob Arum Julius Randle Lopez Sasha Gerald green Jefferson
"bill stone" Discussed on WTMJ 620

WTMJ 620

04:01 min | 3 years ago

"bill stone" Discussed on WTMJ 620

"Good question before the break Martin more joining me in studio. So yeah, it it is interesting dilemma we face because I want to say poor Joe Biden, but George Joe Biden is the past. Yeah. You were mentioning there. We've had this history other than Obama of having white male. Like, no, we had the opportunity last time. Hillary Clinton was a candidate for president to go the popular vote. She won. But that's not what we picked president. We have. I would argue the British biggest diversity of Kansas. We've ever had the democratic side. There's every flavor you would like to see including a gay mayor from Indiana to a African American Senator from California woman all across the board. My take is it doesn't matter if you're white or male or old you're you got just a good a shot as everybody else, nor should you'd be treated as if because of the history, you don't deserve to be there. Different take. No, no. I agree. I agree. But I do also I do. Also, hold the point of view of the this is a very diverse country with different ethnicities represented in the choices that we have one side exactly in. So, you know, a lot of times I don't have an issue with someone coming from a different background in bringing their point of view their perspective. Sometimes that's almost just as valuable as experience sometimes it might even be more valuable than experience. And so I get both sides of the argument, and it's interesting, and ultimately, you know, the voters decide on the direction that they want to take. But I think we can look at things and a lot of different ways, we should look at it. As an opportunity for anybody to be president. We have a president who is reality TV show in a businessman had no political experience whatsoever. Won a surprising victory in two thousand sixteen depending on what side of the Iran is either the biggest disgrace in the history of the president's or a guy that drain the swamp and his achieving things that were seemingly impossible or somewhere in the middle. Yeah. Yeah. We should celebrate that because anyone truly about any faith. Colon. It's. It's fantastic to that. We're getting to that point where we're like you said anyone can become president United States. Jeff from the east side. You got about a minute. What what do you have to say? Jeff. Thanks taking my calls quickly. I think the issue is we need to bring back. The fairness doctrine, I think that's what it was called where whatever point of view, you allow on your radio show or television show you have to give equal time to the opposing do. If you do that, you'll stop all this nonsense on both sides for people put on opinions that are demonstrably true or false. And no one is there to refute them or give the other side. And and I think that's where that's the only solution. Otherwise, you just going to perpetuate this nonsense of having just one flavor on on these shows, talking one point of view. Yeah. Great stuff. Thanks for the call Japanese side. And I'll read the definition defining documentaries. He's talking about fairness doctrine federal policy. Former federal policy. Yeah. Keyword there. Required television radio broadcasters to have the opposing viewpoints on controversial issues of public importance. Is he writes are we missing that? I see all the networks. Bring on other people that have opposing views, but doesn't seem like it does any good. It's not it's not to inquire or entertain their point of view. It's more or less to just kind of bash them prove them wrong into validate, their own opinion, and point of view. I don't think it does what that doctrine was intended to do. And you could argue now that we have networks solely devoted to one side of the other flip between flip the channels. Yeah. That's the reality. Right. The twenty four hour news cycle and twenty four hour. News networks, he is Martin more. Steve's committee right now. It's eleven thirty from the WTMJ breaking news center. Eric Bill stone, and we're following breaking news this morning, Steve from Milwaukee south where police are on the scene of an officer involved shooting this morning near seventh and maple police are asking people to avoid this area. They say no officers have been injured at this time. We're going to hear from L funds on Morales right now from the south side cheaper.

president Hillary Clinton Joe Biden Martin Jeff Obama WTMJ officer Eric Bill stone Indiana Steve Kansas Iran Senator United States Morales California Milwaukee twenty four hour