and the mar get is telling us that we actually made the right decision partners with textron and doing that king air. >> so the slow and easy 2% gdp growth could last a long time is much better for you than 4% that goes to a recessioning i mean recession, what could -- could you get derailed in a recession? >> i would say counterintuitive. i think people that own a share or whole airplane, we're the last stop before laguardia, before l.a.x so i think that you would have a lot of trade down into wheels up again in that -- >> so not necessarily -- >> no, i actually think that the exposure in a downturn, that comes in our favor >> treks tron gaextron gave your deal. >> we have an exclusive with textron's beachcraft unit on on the king air 350 i so in the car business including elon, 30 people that make an suv. there is only one asset in our class in the world that is the king air 350 i four years as go we spent $1.4 billion to make an order with textron which at that point was just beefrp craft and we for the an exclusive on the airplane for north america and western europe and so wire in

do you think that textron has a lot of potential if >> it is a lower risk stock. prefer general dynamics in that sector and that is a better buy, and i would say raytheon is a better buy fred in nevada, fred >> caller: hey, jim, big boo-yah. >> same. >> caller: my question is on flex, flex tronnics. should i increase my shares or stand pat? >> either way is fine with me. flex, something we recommend around $12.13, has done a remarkable job it's been a great stock and it's still really cheap and that relationship with nike is really good christoph in new york, christoph? >> caller: hello, jim, how are you doing? >> well, how about you >> caller: fine, thank you my question to you is that i've been following i-robots for over a year and invested about six months ago and smiling ever since. just recently, they downgraded the company, and i was wondering what your thoughts on that >> we like it. we like it we like the diversity. we like the defense part of it but we were going to feature it and it just took off it is up 45% for the year. so it could conceivably have a

. >> i'm looking at the defense asia arctic cat was bought by textron. they have a new ceo. they're waiting for tax changes. if i can depreciate my 727 in one year, i'm going to be a lot better. >> you've mentioned tax changes a couple of times in how you're thinking about certain areas of the market and your own portfolio. do you think we're going to get meaningful corporate tax reform? >> my recollection is you have 33 senators up for re-election next year or something like that, of which 25 are democrats. you've got to unite the country and move ahead and have a competitive global economy and we are between the notion of global where the u.s. taxes, whatever you earn around the world, and territorial, which everyone else is and the rate, something's go the got to give i think you'll have a meaningful tax because you want a strong economy and market in the spring of 2018 as you're preparing for the election but the effective date is what i'm -- i don't know. and should we be able to depreciate one year? what does it mean for s corps and c corps and llc. they're not complic