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[gavel] good morning everybody and welcome to the San Francisco board of supervisors budget and finance Committee Meeting for wednesday, july 13, 2016. My name is mark farrell of chairing the committee. Im joined by katie tang and to revise or aaron peskin and john avalos. I want to thank the clerk of the committee as well as sfgov tv for covering the meeting today. Mdm. Clerk any announcements . Yes. [reading code] thank you very much. Colleagues, we have 24 items to get through today. We will get started mdm. Clerk would you please call items one and two together. Item 1, [reading code]. Ite...

Many Hedge Fund Managers are shifting money into investments like gold. George soros has said thats it that im put options with the s p hundred map means the more the index goes down the more money he will make so is the smart money being smart . We turn to our guest Liz Ann Sonders chief investment strategist at Charles Schwab and kevin kelly at recon capital. Not longerterm but i think our view has been you want to stay to longterm location to take advantage of all a till of a and make tactical moves around that and to the extent you have written this rally up in your overexposed to target a...

Many Hedge Fund Managers are shifting money into investments like gold. George soros has said thats it that im put options with the s p hundred map means the more the index goes down the more money he will make so is the smart money being smart . We turn to our guest Liz Ann Sonders chief investment strategist at Charles Schwab and kevin kelly at recon capital. Not longerterm but i think our view has been you want to stay to longterm location to take advantage of all a till of a and make tactical moves around that and to the extent you have written this rally up in your overexposed to target a...

Debts against stocks. Many Hedge Fund Managers are shifting money into investments like gold. George soros has said thats it that im put options with the s p hundred map means the more the index goes down the more money he will make so is the smart money being smart . We turn to our guest Liz Ann Sonders chief investment strategist at Charles Schwab and kevin kelly at recon capital. Not longerterm but i think our view has been you want to stay to longterm location to take advantage of all a till of a and make tactical moves around that and to the extent you have written this rally up in your o...

Many Hedge Fund Managers are shifting money into investments like gold. George soros has said thats it that im put options with the s p hundred map means the more the index goes down the more money he will make so is the smart money being smart . We turn to our guest Liz Ann Sonders chief investment strategist at Charles Schwab and kevin kelly at recon capital. Not longerterm but i think our view has been you want to stay to longterm location to take advantage of all a till of a and make tactical moves around that and to the extent you have written this rally up in your overexposed to target a...