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Stock goes up. what is going to go wrong? so that you can be ahead of everyone else. paul: read andy's column to tell you when to do that by the way. thanks for being here. we have to take one more break. we have to take one more break. when we come back, hits and
Google, amazon, every day the stock goes up. what is going to go wrong? so that you can be ahead of everyone else. paul: read andy's column to tell you when to do that by the way. thanks for being here. we have to take one more break. when we come back, hits and misses of the week. :: schwab, again? index investing for that low? that's three times less than fidelity... .. schwab has lowered the cost of investing again. introducing the lowest cost index funds in the industry with no minimums. i bet they're calling about the schwab news. schwab. a modern approach to wealth management.
Operating system. andy kessler writes the inside view column for the "wall street journal" and he's founder of the silicon valley hedge fund velocity capital. andy, great to see you. thanks for coming in. what do you make of the eu's fine this week and the charges against google? >> well, the fine itself is irrelevant. you look at the numbers, 830 billion dollars market cap, 100 billion in cash, 13 billion in profits last year. that's not the problem. it is the concept of they are annoyed about 11 apps they installed including maps and search and assistance trying to say that's anticompetitive...
Wednesday apologizing for the breach and promising to do better. >> this was a major breach of trust and i'm really sorry that this happened. we have a basic responsibility to protect people's data and if we can't do that, then we don't deserve to have the opportunity to serve people. >> paul: andy kessler was a co-founder and president of velocity capital management. he also writes the inside view column for the wall street journal. good to see you, andy. how are you? >> i'm doing great, thanks. >> paul: taking a look at this news about facebook and cambridge analytica, is this a real scandal...
Up in arms, i'm going to quit and yet the numbers went up and up. it's a very addicting platform and they seem to be able to do the right thing. >> paul: andy kessler, thanks for being here. still a ahead as calls grow for hearings on the facebook breach, can regulation on social media be far behind? be far behind? we'll ask our panel, next. you ok there, kurt? we're about to move. karate helps... relieve some of the house-buying... stress. at least you don't have to worry about homeowners insurance. call geico. geico... helps with... homeowners insurance? been doing it for years. i'm calling ...