with us is walter piecyk. give me your opinion here. one-off, bound to happen, or something a little more serious? >> based on his math, he is still up on the vision fund. they have booked up to this point over $15 billion of unrealized gains. this is a big setback that the write-down in the vision fund and aggregate was $9 billion. it was more than just what was happening at wework. there were a couple of other billion that occurred. overall, he is still up on the vision fund. he looked at this and said we will have 15 massive winners, 15 awful losers like wework and the rest of them are doing so-so. his investment style is more about having massive winners like alibaba, putting in $20 million and it's worth however many billion now, in order to drive returns. while they talk about more conservative investments, what he really wants to do is find really big winners to find returns. the bigger issue for the company, which is kind of a sideshow, they have a big deal out there right now getting challenged by state ag's. t-mobile is trying

emily: that was my chat with bloomberg's lizette chapman and walter piecyk.e stuck around to talk about softbank, where things are not much better. they reported an earnings loss in companies like uber and we work. softbank chairman messier she son -- masayoshi son remained defiant, saying they will make it profitable. >> he is still up on the vision fund. they have booked up to $15 billion of unrealized gains. this is a big setback that the -- that went right down in the vision fund and aggregate was $9 billion. it was more than just what was happening at wework. there were a couple of other billion that occurred. overall, he is still up on the vision fund. he looked at this and said, look, we will have 15 massive winners, 15 awful losers like wework and the rest of them are doing so-so. his investment style is more about having massive winners like alibaba, putting in $20 million and it's worth however many billion now, in order to drive returns. while they talk about more conservative investments, what -- he is sticking to what he really wants to do, findi