he's gary motyl, chief investment officer at templeton global equity. welcome back to nbr, golf course nice to see you again. >> thank you, tom. >> tom: let's talk about where we were a year ago and where wea today. a year ago when you were here you were finding value across the grob. are you still? >> that's still the case. united states, europe, asia, we continue to find bargains everywhere. >> tom: what type of bargains are you finding? what types of industries? >> it's interesting that we've been finding a pretty eclectic mix of names over the last several months, financial stocks some energy stocks. >> tom: across the board. what about emerging markets? i know you voiced concerns about emerging markets a year ago. we've seen volatility in the global markets amplified in emerging markets. time to get in? >> a number of those stocks have come down in last few months and they're back to levels where we think investors can make some money going forward. >> tom: you mentioned europe. europe has been wrestling with debt problems for the better part of a

this is video of a tornado that hit templeton. it appeared to be a quarter of a mile wide. several homes and other buildings were destroyed over 15 blocks, but nobody was killed. the people returned there to assess the damage. there are a lot of toppled trees, destroyed grain bins. iowa's governor has issued a disaster proclamation. >>> hot, dry weather has kept fires burning in texas. one in the ft. davis area has burned more than 2500-acres and destroyed 50 homes. other fires are burning in mostly rural areas. the largest spans 125 square miles. it has been burning since wednesday, sparked by somebody cutting pipe. >>> sure sign spring has arrived. we'll take you to the cherry blossom special. ,,,,,,,,,,,,,, kicked off this weekend in san francisco's japantown... with performanc the 44th northern california cherry blossom festival kicked off with performances, food. the celebration celebrates japanese and japanese-american culture. it's said to be the second largest festival outside of washington, dc. the festival continues next weekend with the grand parade on april 17th

he's the chief investment officer at templeton global equity. california's pension system for teachers, known as "calstrs," is deeper in the red. a new report shows it's now $56 billion short on benefits promised to its 850,000 members. that leaves the pension just 71% funded, and means the state will have to come up with cash. the shortfall is blamed on big investment losses from the financial crisis. the teachers pension will run dry in 2042, unless the state and its unions come up with a long-term fix. >> tom: officials in wisconsin are putting the brakes on implementing a law limiting collective bargaining rights for public workers. today, a judge there ruled the law was not in effect because it had not been officially published. republican governor scott walker had started to carry out the law earlier this week, but he agreed today to stop. however, the governor still sayp the bill was legally published. >> suzanne: most parents try to teach their children good habits. the same can be said when it comes to introducing kids to money. so we'r

the duke and duchess of templeton on their way to buckingham palace. being escorted by horses, soldiers from the kids, also here now is the queen. she has a big party to host. she watches over every single detail very well. >> james: she is a stickler for everything being proper. >> justine: it has to be royal. (cheering & applause) >> justine: they're the future king and queen of england. (cheering & applause) >> james: this day has been a long time coming they had been dating on and off for eight years. i read somewhere that was the longest job interview ever. for catherine milton. obviously it came to a wonderful apex here this morning. a ceremony without a hitch. a lot of camera angles. this is professionally produced television broadcasts. >> justine: look to many people with cameras, cell phones taking video. this is a very 21st century wedding. i remember how many of those pictures will end up on facebook >> james: . www.youtube.com. >> justine: they met in 2001 while they were university students. just think, i wonder what they that the minute

the 2007 templeton enterprise awards. he is the editor of the levelers there i know we are against them but i guess that's probably not right. you can always get straightened out that these things. and he's also the editor of adam smith selected philosophical writings which appeared in 2004. his book "adam smith" will be publishing 2011 and is working on a book and he is very industrious, don't you agree, he's going working on a book. would you please welcome jim otis and. [applause] >> thank you. it's a pleasure to be here. as you all well know, adam smith is one of the most beloved and the most hated, the site and it probably for that reason the least read figures in the pantheon of great western writers. his ideas have helped transform political and economic policy throughout much of the world, and his ideas are credited by many for the astonishing and unprecedented growth in wealth and prosperity in the west, but they're also blamed by many for the inequalities in wealth that have arisen since smith's time. so we can

. >> i am a philosophy student at templeton university. recently people have looked at what is happening in the middle east and the obama administration, and some people say the old idea that you have to choose between realism and idealism has been completely baffled. now looks like maybe we do the morally-right thing or what people in the middle east also agree with us is the morally- right thing, then we will also a power. imately win the so some people think set not just knocking out a solution immediately is because they are dealing not with just these even suddenly unfolding, but with the real paradigm shift. that kissinger is out. have things changed that much or maybe not? what do you see? >> i think the first person who said that was thomas jefferson in hailing the french revolution. in fact, if you look at it, the history of the last 200 years has been a history of revolutionary waves that in various ways to inspire enthusiasm, and ultimately a lot of confusion and heart search. in the u.s. we definitely have that reaction to the