17 Burst results for "Steve Ross"

"steve ross" Discussed on KNST AM 790

KNST AM 790

02:08 min | 1 year ago

"steve ross" Discussed on KNST AM 790

"Media again he was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand and later on their something later this afternoon the trump is attending grand total eleven million dollars will be raised and again I tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people's heads and lesser somebody like me explaining this he takes one to most people is a complex issue the China trade they're not I mean it it is I'm me asthma to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening one all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China where not ready.

Steve Ross Miami Dolphins Joe Farrell president China asthma eleven million dollars ten day
"steve ross" Discussed on Newsradio 1200 WOAI

Newsradio 1200 WOAI

01:52 min | 1 year ago

"steve ross" Discussed on Newsradio 1200 WOAI

"Media again it was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home Steve Ross the on the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for neo **** white supremacist everybody told anybody go pound sand then later on their something later this afternoon the trump is attending grand total eleven million dollars we raised and again they try to shame everybody involved in the canceling it including trump and I just the host well I'm not a guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people says unless or somebody like me explaining this he takes one to most people is a complex issue the China trade you know that we did it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sound we're talking to China.

Steve Ross Miami Dolphins neo Joe Farrell president China eleven million dollars ten day
"steve ross" Discussed on News Radio 810 WGY

News Radio 810 WGY

02:08 min | 1 year ago

"steve ross" Discussed on News Radio 810 WGY

"Audio sound bites of trump's impromptu thirty eight minute little confab with the drive by media I guess he was on the way to the Hamptons you've got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on their something later this afternoon the trump is attending grand total eleven million dollars we raised and again I tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people's heads and lesser somebody like me explaining this he takes one to most people is a complex issue the China trade they're not I mean it it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China without reservation details.

Steve Ross Miami Dolphins Joe Farrell president China eleven million dollars thirty eight minute ten day
"steve ross" Discussed on 106.1 FM WTKK

106.1 FM WTKK

02:26 min | 1 year ago

"steve ross" Discussed on 106.1 FM WTKK

"Europe the audio sound bites trump's impromptu thirty eight minute little confab with the drive by media again it was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on their something later this afternoon the trump is attending grand total eleven million dollars we raised and again they tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people's heads in lesser somebody like me explaining this he takes one to most people is a complex issue the China trade give not I mean it it is I'm me asthma to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China we're not ready to.

Europe Steve Ross Miami Dolphins Joe Farrell president China asthma eleven million dollars thirty eight minute ten day
"steve ross" Discussed on WTVN

WTVN

02:16 min | 1 year ago

"steve ross" Discussed on WTVN

"Audio sound bites of trump's impromptu thirty eight minute little confab with the drive by media again he was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on there's something later this afternoon the trump is attending grand total eleven million dollars will be raised and again I tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people's heads unless or somebody like me explaining this he takes one to most people is a complex issue the China trade give not I mean it it is I'm me asthma to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China without reservation.

Steve Ross Miami Dolphins Joe Farrell president China asthma eleven million dollars thirty eight minute ten day
"steve ross" Discussed on KOA 850 AM

KOA 850 AM

02:07 min | 1 year ago

"steve ross" Discussed on KOA 850 AM

"Media again he was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on there's something later this afternoon the trump is attending grand total eleven million dollars we raised and again they tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people's heads and lesser somebody like me explaining this he takes one to most people is a complex issue the China trade you know that we did it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded yeah I.

Steve Ross Miami Dolphins Joe Farrell president China eleven million dollars ten day
"steve ross" Discussed on Newsradio 970 WFLA

Newsradio 970 WFLA

02:24 min | 1 year ago

"steve ross" Discussed on Newsradio 970 WFLA

"WFLA the audio sound bites of trump's impromptu thirty eight minute little confab with the drive by media I guess he was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on their something later this afternoon the trump is attending grand total eleven million dollars will be raised and again they tried to shame everybody involved in the canceling it including trump and they just the hosts who are not a guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the child comes now the thing about this that I think will go over a lot of people's heads in lesser somebody like me explaining this he takes one to most people is a complex issue the China trade they're not I mean it it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China without reservation.

Steve Ross Miami Dolphins Joe Farrell president China eleven million dollars thirty eight minute ten day
"steve ross" Discussed on WCBM 680 AM

WCBM 680 AM

02:18 min | 1 year ago

"steve ross" Discussed on WCBM 680 AM

"The drive by media again he was on the way to the Hamptons is got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on there's something later this afternoon that trump is attending grand total eleven million dollars we raised and again I tried to shame everybody involved in the canceling it including trump and they just the hosts are another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the tri calms now the thing about this that I think will go over a lot of people's heads and lesser somebody like me explaining this he takes one to most people is a complex issue the China trade they have not I mean it it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded right now we're not ready to make a deal well we'll see what happens but yeah we've been hurt by China for twenty five thirty years nobody's done anything about it we have no.

Steve Ross Miami Dolphins trump Joe Farrell president China twenty five thirty years eleven million dollars ten day
"steve ross" Discussed on WBT Charlotte News Talk

WBT Charlotte News Talk

02:19 min | 1 year ago

"steve ross" Discussed on WBT Charlotte News Talk

"Morning at eleven forty five right here on WB audio sound bites of trump's impromptu thirty eight minute little confab with the drive by media again he was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on their something later this afternoon the trump is attending grand total eleven million dollars we raised and again they tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as did trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the chai com's now the thing about this that I think will go over a lot of people's heads and lesser somebody like me explaining this he takes one to most people is a complex issue the China trade they're not I mean it it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China where.

Steve Ross Miami Dolphins Joe Farrell president China eleven million dollars thirty eight minute ten day
"steve ross" Discussed on KMOX News Radio 1120

KMOX News Radio 1120

02:17 min | 1 year ago

"steve ross" Discussed on KMOX News Radio 1120

"Com the audio sound bites of trump's impromptu thirty eight minute little confab with the drive by media again he was on the way to the Hamptons he's got to fund raisers he was going to get up there and and a ten day a breakfast at the home of Steve Ross the owner of the Miami Dolphins and the other places a came under protest yesterday soul cycle and equinox and they were they were trying to shame Ross in the canceling it because who wants to host a fundraiser for a neo **** white supremacist and everybody told anybody go pound sand then later on their something later this afternoon the trump is attending grand total eleven million dollars we raised and again I tried to shame everybody involved in the canceling it including trump and they just the host swell another guy named Joe Farrell and Steve Ross they both held firm as the trump and that's the way you have to put you cannot give these people a centimeter folks you cannot those days should be over the days of trying to calm them down trying to show them that we are not what they say trying to make deals trying to bring about peace ain't gonna happen and this is not pessimism it's reality sold the president started here with China he is dead set on winning this trade war with the tri com's now the thing about this that I think will go over a lot of people's heads unless you're somebody like me explaining this he takes one to most people is a complex issue the China trade they're not I mean it it is I'm me as much to a lot of people it's so convoluted and confusing that nobody knows really what the stakes are why is it happening what is it all about trump takes this complex issue that nobody has even paid attention to for decades and does his best to make it understandable and important and here is how that sounded we're talking to China where not ready to make a deal.

Steve Ross Miami Dolphins Joe Farrell president China eleven million dollars thirty eight minute ten day
"steve ross" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:27 min | 2 years ago

"steve ross" Discussed on CNBC's Fast Money

"One top strategist says don't hold your breath for a deal anytime soon, tell us what it means for the markets, but we start off with retail throwing over take a look at shares of Nordstrom sinking in the session on its earnings report. And it's just the latest retailer to get wrecked. Macy's as down fifteen percent in the last week Kohl's down to. Eleven percent target down eight percent and WalMart down five percent. But just like the last song year last Christmas. We saw big year end rally in the group. So are these retail stocks on sale ahead of a holiday surge? Or is there more pain ahead? Steve Ross, oh, you made it to the NASDAQ. You get the gold ribbon tonight. You get kicked off the show yesterday. I think it is a problem with retail stocks. They've also they've all been up on the year. But you know, we had apple warning about the holiday season Amazon warning about the holiday season retails a big part of it. Obviously, they ready had a big run of us far this year. I don't think they're out of the woods. And I do think they're in for a lot more selling heading to year end. Yeah. Brian kelly. I guess some people were questioning as to whether or not the way the retail rally that we've seen is actually based on fundamentals or was it a technical unwind of along Amazon short, bricks and mortar trade, I think that's certainly was the spark here. Right. And then there was this hope that we would have this kind of year end holiday rally, but based on these numbers, even based on the WalMart numbers that we saw this morning. Walmart. Numbers were fine. But people think that perhaps top lines is topping out. So you look at WalMart. You look at nordstrom's, and it doesn't paint a very good picture. The one thing in the nordstroms report that I thought was interesting is nordstrom's rack did actually pretty well without that things would have been not through great. So that makes me start to look at maybe something like a TJ max, maybe in this environment. TJ max is the beneficiary you say TJ Maxx, and who do I think I think. Feet. So so what do you make a retail here? Do you go to the discounter singing? That's the best trade around. Yes. Absolutely. I've thought that for a long time. And I still think that I think when you look at different retailers, obviously, there are different entities altogether. I mean when you look at WalMart, for instance, with fifty six percent of their revenue after just reporting of that coming from grocery Mel, that's a low margin business. So that's something. Also that needs to be kept in mind, especially when you try to compare WalMart with a target or something like that. But absolutely, I think the discounters and I've thought that for a while now because even though we've had this. We did have this very strong move in retail to the upside and was kind of fighting against a lot of the selling that we've seen in other areas. I think at some point some of these names do look a little bit elevated, and I think WalMart would be one of those names, it seemed like everybody refill in love with the whole wal mart story. But when you look at WalMart, and you do compare it to a target, for instance. And you look at where the P E levels are the pe- level of targeted significantly lower a WalMart. And they've got better margin. So I think you just have to go throughout the space and just try to make your best picks in terms of the discount names that you prefer, and what the makeup is of these various companies, and I think you've got to use that in your favor, and because of that because the fact that target you've only got about twenty percent in grocery that doesn't hurt the margins nearly as much because of the fact they've got better margin areas. TJ max, by the way, they just continue to go higher and higher the strength that they've got in the management team that they've got. And of course, the homegoods aspect of it as well has been something very good, and they're slowly, but surely trying to build commerce, and as well, and that's something that has to be recognized and saluted in terms of TJ Maxx can't even in out of few retail names..

WalMart Nordstrom TJ max TJ Maxx Amazon Macy Brian kelly Kohl homegoods apple Steve Ross fifty six percent fifteen percent Eleven percent twenty percent eight percent
"steve ross" Discussed on High Noon

High Noon

01:49 min | 2 years ago

"steve ross" Discussed on High Noon

"This week. Right? British. The master was. See, I talked to were actually going toe. For the fact that you're actually setting me up joke about this magnificent. Every. Other other mass champions. You can only wear once. I am going to wear this once every week we'll body. So I hope material were when you were on your swing week, I am so bad at golf. That's the actual set part of you wearing this jacket every day. But our first name the Miami Dolphins because they created quite the stir when the AP reported yesterday that they might suspend players who protest during the anthem for four games, five hours later, of course, the NFL NFL PA said they're negotiating a new policy. So what do you make? What has happened here? Shaddad to everybody who talk about the NBA too much into lie. You want us to talk about the NFL you got along. We got the NFL because the NFL does a great job at figured out ways to talk about them when they don't necessarily want to be discussed that I feel like the dolphins basically taken an ill for the entire league amasses with massive Intel. Look, the league stage, you've got to send in the paperwork on what your policy is going to be about the national anthem. The dolphins put in there. That would be. Under conduct detrimental to the team which comes by by law up to a four game suspension. And now their names are on the word got out about it and the NFL. Let's talk to the union. Maybe we should hold back on this or whatever it was, but this is what the league was demanding of the dolphins. And now Steve Ross guy who seems to have some legitimate concerns about some of the social issues that are behind these protests..

Miami Dolphins NFL Steve Ross golf NBA Intel five hours
"steve ross" Discussed on Psychedelic Salon

Psychedelic Salon

01:52 min | 3 years ago

"steve ross" Discussed on Psychedelic Salon

"So i knew i wanted to be a doctor a psychiatrist that actually spoke to my patients got to know them i got in my you started my training there and during my third year of training must have been like two thousand and nine i attended a grand rounds lecture that was given by steve ross who is was that the primary investigator of the yucel sivan cantering zayed's study and this was like very early on during that that study i think they had maybe treated six or seven participants at that point and i sat through this lecture in which just dumbfounded because i had no idea i mean i i knew a bit about the research that have gone on in the fifties and sixties and i knew that there was sort of a moratorium placed on it when all those basically prohibition was enacted in those as he said the substances were demonized and band i had no idea a that that research had resumed again and be that it was happening like literally my backyard right where i was doing training so it to me it just seem to to serendipitous to not be like something i needed to follow up on because as i mentioned i had had my own personal experiences psychedelics that had affected me in personal and you know pretty powerful way and had kind of maintained sort of interest in subject matter that was kind of where my curiosity was kinda fueled by those experiences so like a little bit more esa teric.

steve ross investigator zayed
"steve ross" Discussed on KSFO-AM

KSFO-AM

02:17 min | 3 years ago

"steve ross" Discussed on KSFO-AM

"The dolphins owner steve ross who want now wants players to stand for the anthem and the the coach made it a rule that if that if you come out to the field you've got to stand if you wanna stay and you stay in the tunnel stay in the tunnel you stay in the locker room otherwise you stand out here i didn't hear the cry or i haven't yet maybe that will be today but i didn't even see it on social media you're violating their freedom of speech because we have sad here for the last fourteen months you're listening to the idiotic rhetoric that somehow now you have an absolute right to free speech on an nfl football field which is of course is ridiculous is absurd and then when this thing blew up after fourteen months again after the president came out with his tweets a little over a week ago it came up again freedom of speech freedom it there is no freedom of speech issue i want to see if it comes up today that jerry jones cannot deny any member of the dallas cowboys and steve ross the although the dolphins cannot come up with the royal stating that his players must stand for the national anthem or they must not be on the field that you will have a freedom yunan have squat will you know here's the thing the nfl opened the door i certainly day this day about hannity we'll wait a minute you mean unity for that just that one week well the thing is to in my in anything about miami to man is particularly sensitive to to this because of the the cuban the the the cuban refugees here uh and you know it not here i mean and because we're not broadcaster for miami but in in in miami and remember we brought to you the the cubanamerican reporter from last year who writes for the believer it was miami herald is an and and he's on the just absolutely allayed into capper nic saying how can capital doesn't have a clue about cuba i do i was born there and he just tore him to pieces and talked about the interview that that he did and said basically what we said it's the old arguments yielded it's still the old thing that uh were against her pressure were against oppression and in the case of colin kabir nick i mean.

social media president jerry jones dallas cowboys steve ross nfl hannity miami reporter cuba colin kabir dolphins fourteen months one week
"steve ross" Discussed on Knowledge@Wharton

Knowledge@Wharton

02:02 min | 3 years ago

"steve ross" Discussed on Knowledge@Wharton

"So over time people to to take this idea into practice the way people have have developed it is to think about what those factors could be that would be the underlying drivers of stock returns factors is they could be things like changes in expected inflation could be developments to uh you know run gnp um it could be things having to do with interest rates and what they would be and what kind of um risk premium would you need to foot to be compensated for exposure to their factor those things tend to be backrow yeah these are these are be macro forces that can have their own separate effects on stock returns right so it could be it could be inflation it could be about the term structure of interest rates it could be it could be production of the economy in general things like that and so this this led to uh predictions or rather analysis that would show that in individual stock was over or underpriced and then you can make decisions for buying and selling based on that well one direction you could go in this direction i am familiar with because um i actually worked for steve ross for a couple years when after i finish college and it was a money management company is called roland ross asset management a role being a dick roll another famous a finance academic who was also going to be speaking at our jacobs leave you event by the way.

interest rates steve ross jacobs roland ross
"steve ross" Discussed on Knowledge@Wharton

Knowledge@Wharton

02:09 min | 3 years ago

"steve ross" Discussed on Knowledge@Wharton

"If in a world where investors are trying to maximize their expected return forgiven unit of volatility you can reach the conclusion that the risk that really matters about a stock is what you call it beta rates beta the essentially in technical terms the result you would get if you did a regression of the stocks return on the market portfolio you get a number which on average is going to be one but it could be higher or lower that is what tells you the risk that the stock ads to the market portfolio is that a volatility measure in a way so well beta is telling you it's it's it's it's telling you well what today we would call the systematic portion of the stocks return so that portion of the stocks turn essentially that portion that correlated with the market the stock is going to have what practitioners were call an idiosyncratic component idiosyncratic meaning its own special risk from its own special things the company does that is of course important to people at the company it's important to the ceo but to a holder of a diversified portfolio those idiosyncratic risks of the component stocks are gonna are going to average out uh close to zero uh when you put together a big portfolio and so that's just not going to matter so much this has capturing that portion that's not going to wash out okay so so that was a bill sharpen the '60s now think about steve ross in the '70s case so steve ross came here in the early 70s came here to warn an early 70s and he soon developed this arbitrage pricing theory and he approached the question is somewhat different fashion.

ceo steve ross
"steve ross" Discussed on The Situation Room with Wolf Blitzer

The Situation Room with Wolf Blitzer

02:04 min | 3 years ago

"steve ross" Discussed on The Situation Room with Wolf Blitzer

"So look at you who would think this is the boy scouts right so we had a very very interesting life and the company that bought his company was a big conglomerate and they didn't know anything about building homes and they didn't know anything about picking up the nails and the sawdust and selling it in the scraps of wood this was a big conglomerate based in new york city and after about a ten year period they were losing a lot whether that didn't mean anything to him and they couldn't sell it so they called william levitt up and they said would you like to buy back your company and he said yes i would he so badly wanted to get bored with this life of yachts sailing and all of the things he did in the south of france and other places you won't get bored right you know truthfully yorkers workers you'll get bored to believe me of course having a few good years like that isn't so bad but what happened is he bought back his company and he bought back a lot of empty land any worked harder and gerry get zoning and he worked harder and starting to develop and in the end he failed that he failed badly loss all of his money he went personally bankrupt and he was now much older and i saw him at a cocktail party and it was very sad because the hottest people in new york where at this party was the party of steve ross steve ross who was one of the great people he came up and discovered really founded time warner and he was a great guy hit a lotta successful people that the party and i was doing well so i got invited to the party was very young and i go in but i'm in the real estate business and i see a hundred people some of whom i recognize and the big india to tame but business and i see sitting in a corner.

new york city france cocktail party steve ross warner real estate business william levitt gerry ten year