Buffett . Berkshire hathaway is performing better than icahn industries. That doesnt mean necessarily you shouldnt follow uncle carl, according to scotty markets. Charles payne behind buffett. Then we have fox contributor scott martin. I love look of it. [whistle blowing] dont laugh. This is very serious. Make your case, charles. Warren buffett speaks to the audience watching the show. He talks about investing, investing for the long term, finding great companies, typically Great American companies, riding them through the ups and downs to the obvious finish line. He is not bullying companies. Not going in for a quick fix. Not trying anything. Listen, i dont knock anyones hustle. I think if youre melissa scott, you better get in there. Points are racking up. Way behind. Hurry, hurry. I will knock the hustle and hustle into this. I do like the bullying. Guess what, in the booed room . At ceo level these guys need to be bullied because they take advantage of shareholders. That is why icahn is so great. I think both of these guys are great. I dont think buffett is the shareholders best friend like icahn is. Icahn is the guy that walked in, hey, mr. And mrs. Company, youre doing something wrong, screwing shareholders or well take you out. No, he doesnt say youre screwing shareholders. Youre sitting on a bunch cash and i want to take it that is what he says. Like the al capone of investing, are you kidding me . This guy goes, well make you an offer you cant refuse charles, Icahn Enterprises versus Berkshire Hathaway has kicked berkshires butt. If you want to make money you buy Icahn Enterprises, you dont buy berkshire. Melissa unwith of the ways buffett has made money he always has cash when everybody else is desperate for it. Whether insurance situation or Goldman Sachs during the financial crisis and able to charge an exorbitant amount to lend it. Melissa, he is not playing by main street rules. Buffett is calling somebody from the cordless phone in the bathtub which is kind of dangerous and getting sweetheart deal from Goldman Sachs, 7. 5 Corporate Bond in the financial crisis because they need money. Melissa right. Icahn is going in, saying, you know what . Im walking off the street. If you have line one and line two in your office and ceo and buffett and icahn youre taking the buffett call because youre afraid of who is on line two. I like that guy. You respect buffett. You really do. You know that this is not a guy coming to shake you down. This is guy who will have some sort of public fight with you to try to embarass you, to harass you,. Melissa that is good point. Here is the bottom line. If im a ceo i have a fiveyear plan. I dont have a were going to change your Business Model today because we have a corporate raider who will embarass us, harass us and try to change the board. If youre an investor and you want to be a great successful investor, read Warren Buffetts letter. Melissa oh, it is tied. It is tied. Tim cook and he talk every other week. They have dinner together. Tim okaycook probably cringes every time that phone rings. [whistle blows] melissa oh. Look at bottom of the screen, Charles Payne pulling ahead by a point at very end. Fbn. Getting a call from carl icahn tonight. I might. Arbitrary but i love it. Thank you for fighting fair. Appreciate it. I got the belt though. Melissa there you go. Look at markets now. Were watching netflix today, that was fun, right . Investors are tuning out. Brian sossi at new york stock exchange. They were talking about this last hour but not about this angle in particular. Popcorn time, open source project for programmers and designers is allow being people to go in and stream all kinds of things, movies. Getting netflix out of the way. See an American Household this way. Is this problem for net mix. Not battle Charles Payne because that guy crushes. Netflix, business is ultimate low barrier to entry. If imnetflix shareholder im sit worried worried worried about developpings sitting at home not going through studios for licensing fees. Youre paying for to legally watch videos. Am i worried about this . Yes, Going Forward because netflix shares are valued very aggressively. They dont have many competitors in the marketplace, just amazon and hulu. Melissa thats true but quality of what youre watching counts. I get annoyed as netflix is buffering for large period of time. I cant imagine what this is like. By all means. Im not a net geek. They let you tap into torrent. Quality of video is better on netflix and better on amazon, southernly on hulu. But getting free. Free is very compelling to user. Melissa free is very compelling. Brian, thank you very much. Thank you. Were fiveyear bull market, s p still near the alltime highs. Can the bull run continue or is the market starting to skid . What about the nasdaq . Jonathan hoenig fund manager at capitalistpig. Com. Fox news contributor as well. What do you think about the bull market . Is it running out of steam . Melissa, good afternoon. I think it is intact. You mentioned were fiveYear Anniversary but bull markets typically take time, take more than five years, look back at the 1982 to 2000 bull market. Despite at alltime highs and slipping a bit today the breadth is still positive and i think the bull market is still intact. Melissa although when the fed turns off the tap do you think that has as big impact as people are concerned . Without a doubt what make this is period different, melissa, is the intervention from the federal reserve. No one knows what happens once the policy reverses course. That being said i think retracement is probably likely but i couldnt abandon stocks wholesale. You look at every opportunity to try to sell this market, always regretted it. Melissa the nasdaq is really interesting story. 14 years ago today it closed at its alltime high. Were back at a point. Still 16 off that level, since the one, ostensibly lagging, so built up at the time. Were still in a period though where it feels like tech is in a bubble again all of a sudden. Feels like were repeating our mistakes of the past and look at whats app and go to Silicon Valley and talk to people. What do you think, are you nervous about a tech bubble . I remember 1999, melissa. This is no 1999. 1999 you had cab drivers talking about borrowing stocks. People borrowing money from their credit cards to buy stocks. Dont confuse a bull market we are in to a bubble in 1999. Melissa we have kids who made an app out of nothing, selling it for multibillion dollars. Nobody has any idea how they will ever monetize what is going on the app. Feels like a bubble with a slightly different shape . Well a lot of those apps are being monetized, melissa. Look at facebook. Look at instagram. Look at twitter. A lot of these companies which ad met he hadly have high valuations are beginning to demand the revenue to justify the valuations. Instagram will put up ads. People will say im never going to inis a gram again. The whole reason i used it because you put up a picture and went away. The next app is hotter. Facebook is all Senior Citizens now. Seems like app somebody better tell the stock. Somebody better tell the stock because it is at alltime high. I dont think you can buy every stock wholesale. Look at grain markets. A lost commodities are doing well. Dont sell a market short because it is at an alltime high. That is best i indication the trend is higher. Melissa well get you into the ring for the throwdown at the top. Seems like youre ready for that. I thought charles won, just my opinion. Melissa he did. Dont underestimate scotty markets he knows what he is doing. For sure. Melissa talking through the Malaysian Airlines disappear flight and the debate over live black Box Technology. Boeing having a bad day from the unexplained Malaysian Airlines crash to cracked in the winswings of at triple 7. Well show you how much it is down. More money coming right up. See whats new at projectluna. Com [ male announcer ] help brazil reduce its overall reliance on foreign imports with the launch of theountrys largest petrochemical operation. When emerson takes up the challenge, its never been done before simply becomes consider it solved. Emerson. Melissa the search for any trace of the Malaysian Airlines flight 370 stretching into its third day now. Still no leads on the whereabouts of the plane that seemingly vanished into midair. 40 ships, aircraft from Nine Countries are now scouring the seas near the gulf of thailand as families of the 239 on board await for word. A debate is emerging whether updated black Box Technology could have offered Vital Information . It is our money talker today. Joining me James Freeman from the wall street journal. Mike boyd, aviation consultant. Captain sean cassidy, who serves as the Vice President and National Safety coordinator for the Airline Pilots association and chatwood investment managing partner jared levy is with us as well. Captain cassidy, let me start with you. How would this be different if we had the live black Box Technology . I think the conversation may be needs to shift a little bit because black boxes as i think theyre being described are talking about taking a massive amount of data off an aircraft and then transmitting it to a third party. Now if you consider the fact right now there are probably 50,000 airplanes that are flying internationally right now that are airborne at this very moment, the ability to get massive amounts of information not might not only be a technical hurdle but might be a infrastructure one in terms of managing all that data stream. I think what we should really be talking about is, what available technologies are out there right now and what could have been used to pinpoint the location of the aircraft because then you could get the flight data recorders and analyzed what happened. Melissa i hear what youre saying. Mike, i want to bring you in. They have looked at this in the past. They said, yes, it would take a lot but cost 300 million a year to transmit the data via satellite off the aircraft at the time when it is flying. There is inherent problem with the black box going down with the ship. I mean they have, it has information in there that is vital to figuring out what happened but we may never find it. What is your opinion, mike . Well, i think the captain is right. There are logistical issues of streaming everything on that airplane to a third party. The real reality here is it down happen all the time. It is one of those things where this is the 12yearold airplane of a fleet of about 1500 that have been built and only one airplane ever had a mechanical failure that caused an accident. That was british airways. This is an airplane that really reliable. So the whole argument here would be great to have now but Going Forward, are we going to gum up the airwaves or internet or whatever with a lot of information from those 50,000 airplanes he just mentioned . It is an issue. Melissa well,do you think. Certainly you look at the trend of history and a lot more is being recorded and then transmitted but one question before we get to how to fix it is what exactly happened here . There is supposed to be transponders relaying information on the plane and then, if it did crash, the typically the there is a beacon sent out, a location signal that allows people to get that black box to get to the accident to find out what happened. First we want to know what were dealing with here before we design fixes. Melissa jared, how critical is it to the industry that this question be solved . Or is this a tragic and freak accident . Well i think first of all we need to get to the root of the problem. I talked to two of my friends, they are both captains on the 777. Understand this, that plane is sending out data. If there are abnormalities in the functionality, boeing is directly receiving a data from a lot of those 777s. Keep that in mind. There could be information we dont know about. The military probably has better information over there where that plane was at any given time. Melissa okay. I dont think were getting it all. That is something we need to know. The other thing the wingtip being prepared i dont think that is cause here. As mentioned earlier, it is a very dependable aircraft. My opinion right now it is learning what caused this. Melissa captain, what do you think about that, does boeing have more information than we know and are they sharing it . I couldnt possibly speculate. I do know they have programs for the jet i fly as well which they transmit performance data to assess the health of engines and avionics systems and everything else. That may be different than the suite of data youre talking about if youre talking about transmitting a whole host of data. Other guests are right on the mark though. First thing we need to do is locate the airplane. There is technology that could have been on the airplane, satellite based technology that could have told altitude, airspeed and longitude of the airplane. We need to fine the plane. Melissa wouldnt woe know that by now . It does seem mysterious we dont know where the airplane went down as james said. We have beacons and all things an that shouldnt be as much of a mystery right now still. That is why it is a mystery, so strange of an event. How many parts of the airplane hitting water. Nothing is floating as far as they can find yet. One of the things if this airplane is flying along and normal, something immediately catastrophic happens all the censors in the world are blown up with the airplane and we might not know exactly what really did happen. Melissa weve got to leave it there. Thanks to all of you. We appreciate your time. Coming up senator marco rubio, rich edson and i are getting all the details on his plan to increase jobs and grow the economy. A first on fox interview. You can not afford to miss this. It is very money. Do you ever have too much money . Wedays are for rising to the challenge. Theyre the days to take care of business. When possibilities become reality. With centurylink as your trusted partner, our visionary Cloud Infrastructure and Global Broadband network free you to focus on what matters. With Custom Communications solutions and responsive, dedicated support, we constantly evolve to meet your needs. Every day of the week. Centurylink® your link to whats next. Sometimes they just drop in. Always obvious. Cme group can help you navigate risks and capture opportunities. We enable you to reach Global Markets and drive forward with broader possibilities. Cme group how the world advances. Melissa from the u. S. To every corner of the globe money is flying around the world today, starting in china where auto sales jump 18 last month to 1. 3 million units. Ford has seen sales rise at their fastest pace in more than six months as local consumers warm to foreign brands. General motors says deliveries jumped over 20 . And japanese automakers also doing well. Theyre seeing more of a recovery in the country after many chinese consumers started boycotting their products in 2012. Over to india where tech giant google could face a 5 billion fine from the countrys competition commission. It is accused of abusing its position as the biggest internet search engine. Local businesses claim googles unfair use of trademarks and over paid searches. Hmmm and its own products. If so local authorities are allowed to slap google with a fine up to 10 of its average annual turnover. Landing in the u. K. Where soccer club royalty man chess ture united is set to make over a billion bucks from a deal with nike. The existing agreement runs out next year but nike wants to extend it decade that could cost 100 million a year. Nice. A lot of money. Want to show you shares of different 3d printer makers. Article in barrons says beware of 3 00 d printing. Investors are overpaying for stocks that investors are getting in too early and prices are too high. There you go. Turning to unbelievable new drone prototype fierce enough to make robocop twice. Chaotic moon labs unveiling a drone capable of firing 80,000 volts of electricity into its unsuspecting victim. Capable of incapacitating and can you imagine . Flying over head and William Hurley the cofounder of behind the company of this terrifying drone joins us by phone in a fox business exclusive. I know you look for people to call you whirlly. That was your handle on twitter. Youre creating quite a buzz so to speak. Are you for real . That is exactly the point. Important to note were not immediately releasing this drone. Unlike most of our projects before, well open source the code and schematic we wont be releasing any of this this is specifically to help raise awareness how Fast Technology is outpacing things like regulatory control and social norms and other things and kind of to create having a conversation around technology. Melissa were watching video which is crazy. That is not an actor right . Did i read that is your intern . Yeah. Yes, well one of five volunteers that went through a program for about three weeks where we did physicals and testing who would be the best candidate for that. Jackson is the gentleman you see in the video, obviously you look at him, pretty robust guy, great shape, beat everybody else out. Melissa how did you compensate him for this . I mean is he unpaid intern . Did he get Something Special . Does he have a job for life . Well, yeah, he actually got a, whoever the it is quite a large bonus of several thousand dollars as well as you know, very excited about the technologies as his major at university of texas. He actually helped build the drone with us. That is one of the people on the project team. Melissa he looks very excited laying there on the matt after being tased nearly to death. Not to death. Im just kidding. So what is your, what dr