out and showed that pose asian and allowed himself to stay -- charles: he says i like the fact, brian cohen stock can be a mess but the fact is he has done nothing wrong that has been proven. people can riot if they want. charles: the exuberance is absurd. it's not a good business. not even close. it is basically a potential -- liz: we can agree it's a huge question mark. it may go down but we are looking at a company -- it is still 39%. it didn't go up. it might never. you can hang these people out to dry because they invest in it. you can't hang them out today because they invest in it. thanks for weighing in. that was fun. the closing bell comes and while stocks are in the red for the session they close higher for the week, that will do it for "the claman countdown". kudlow is next and don't worry about me and charlie. we are friends

cohen. back in 2003 we argued inflation targeting was unnecessary and flexibility. the current experience is there any merit to that view? >> hi. i want to wanted something brianalked about. i remember it from covering the action from balance sheet portfolio comes on the asset side of the balance sheet. chairman through interest rate the fed still has not said what its strategy for the asset side of his portfolio. now we are in the long run. i just thought forecast fort where the portfolio is going. so i wanted to hear everyone's perspective it seems to what happens in particular the assets in the >> would change her mind on inflation? >> what changed my mind then and i had at debate i on this at the st. louis fair. at the time with that we are getting the benefits. her hands are terribly reactive conditions we don't really need it to achieve g mind after 2008. oo low. sherman and i aggressive putting in forward in quantitative easing. there was committee. i thought if we have an inflation targe they are uncomfortable being so aggressive giving stimulus need committee and t fed is committed to stopping would help chairman get more agreement on the committee to