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For sitting down with mommy and daddy. leif, maybe you can weigh in, how do you identify most threatening enemy on the stage and how do you handle it? >> we talk about as seal leaders we train our seals to have default aggressive mind set. aggressively execute to accomplish the mission and to sandra's point you definitely can't underestimate your enemies. to go in with overconfidence and say -- harris: know your enemy. >> that is when you get burned on the battlefield certainly. think for all these guys, one thing trump has proven because of his rise in success people want to see a candidate t...

Either you come back to run the company or i'm going to have to sell it. >> tell us about the first piece of advice that you dad gave you when you took over as ceo. >> his first word when i arrived is, son, i hope your first deal is a loser, otherwise, you'll think you're a lot smarter than you are. but he has tremendous values, tremendous integrity,humility, work ethic and terrific thirst for knowledge. >> you warn in the book about the trap of overconfidence, in a business and a person? >> oh, absolutely. yeah. human beingerous is just one step closer to loss of integrity. if you know better...

Conversations with people who say that they like donald trump, they don't really bring up hillary clinton. they more often bring up a general frustration with the poll-tested scripted nature of politi politics. and i think that the fact that donald trump is giving them political incorrectness is very appealing to white working class voters who are overall frustrated with the political system, frustrated their party of choice, the republican party, hasn't been able to deliver on the things they promised. the republican party used the energy and enthusiasm of the tea party movement to get in off...

Significantly increasing, emerging markets emerging, the u.s. stock market in a correction, widespread concerns about liquidity, markets are self-correcting any euphoria or overconfidence. the fed does not have to do the job. a rate increase will tip some part of the financial system into crisis with unpredictable and dangerous consequences. steve, isn't this the bottom line? it's real the fed and how active they've been in this economy and how propped up, perhaps, this market, this economy is, by federal money policy. >> no question. the flip side of that problem is fiscal policy. it is rathe...

On hold, pause or furloughs. >> you're going to have these, i also think a lot of this was just flat out overconfidence. when you see places like tuesday morning and fresh market drop 30% friday. that tells you there were some big big stock gains that maybe weren't correct or accurate, and maybe shouldn't have been there. people are taking a look, and that's going to be okay. >> we haven't heard really anything from the candidates about this yet. now, if you're a democrat, if you're a republican candidate, how do you address this. there will be fear among your voters? >> first, i'm not sure th...