Sold the qs which i find interesting. And last week you said that you are longer now than i you can remember so why did you trim alphabet i add significantly to alphabet in the 130s when all the genesis and noise came out and i thought it was a Short Term Impact and there was no there there. So i took the opportunity to really super ssize the position and now cutting it back to normal size. It is still one of high larger positions. But i dont think that it was prudent. So really risk manager and in terms of the qs, im short the qs as a heenlg because i have no idea what the Inflation Numbers will be. So i sold the position i had after eight days of market straight up, i would have sold them anyway. Because they are always a trade. They are just to express a near term view. So my near term view is just risk management. I have so much beta in the portfolio through the big names that i thought it was prudent to put a little hedge on it im thinking like you look at meta month to date, up 8
Needs an ai moment and this will qualify and well bring you all of the headlines this hour three buckets of the health care names. This is one of them. Our guest says buy it. It has the business best model in pharma and its not eli lilly. Hes here to make his case and Michael Santoli kicks things off at the New York Stock Exchange hi, kelly we have steady indexes here which means that the s p 500 is holding on to last weeks gains and holding on to this little 5 rebound rally weve had over the prior three weeks and to me, the story of the market, this latest pace started six weeks ago at the alltime highs and that was the last trading day of the quarter and to me it was the moment of maximum confidence in the scenario and it was right after the fed sort of confirmed the expectation of three rate cuts in the dot plot about a week before. The First Quarter gdp was looking great. Earnings anticipation was running high so i think that weve had tests on both those fronts and obviously, a thi
Will have the latest from brussels. Oscar pistorius has had his murder sentence more than doubled by a judge. The South African athlete was jailed last year after being found guilty on appeal of murdering his girlfriend, reeva steenkamp, on valentines day 2013. Hello. Welcome to the programme. Were live until am this morning. Were going to be talking to two Primary Schools headteacher is about the difficulty of the teaching jobs with questions about whether the job is too stressful and worries about funding. We will also have the latest from zimbabwe as the new president is sworn in. Do get in touch on all the stories were talking about this morning, use the hashtag victorialive. And if you text, you will be charged at the Standard Network rate. Our top story today. Theresa may will meet the president of the european council, donald tusk, in brussels today, the first such high level encounter since the Prime Minister secured the backing of her cabinet to increase britains divorce payme
I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. [david reading onscreen text] while you were in afghanistan, the effort to capture Osama Bin Laden was going forward. Capture or kill. Capture or kill. How were you alerted to that . Because you werent directly in the chain of command for that decision. Yup. That night no one else in our headquarters knew at all. And i got up myself, no aides, no anything else, went into the we had a joint special Operations Command post at the nato headquarters in kabul where i was located. I went in there, sort of surprised them at about 11 or so at night, said, what are you doing in here . And i asked everybody to leave except for one officer who i knew very, very well. And we then dialed up so that we could monitor the operation. We had a lot of contingency plans. And the forces that conducted it, some of those at least, the headquarters element at least, was working for me in normal t
I began to take on the life of being an interviewer even though i have a day job of running a private equity firm. [david reading onscreen text] while you were in afghanistan, the effort to capture Osama Bin Laden was going forward. Capture or kill. Capture or kill. How were you alerted to that . Because you werent directly in the chain of command for that decision. Yup. That night no one else in our headquarters knew at all. And i got up myself, no aides, no anything else, went into the we had a joint special Operations Command post at the nato headquarters in kabul where i was located. I went in there, sort of surprised them at about 11 or so at night, said, what are you doing in here . And i asked everybody to leave except for one officer who i knew very, very well. And we then dialed up so that we could monitor the operation. We had a lot of contingency plans. And the forces that conducted it, some of those at least, the headquarters element at least, was working for me in normal t