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Mar 5, 2016
03/16
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we have a lot of company founders at sequoia. there is also room for lots of other people to succeed as well. being in the investment business is also different from running a company. people like us, we are not running the company. we are trying to help these companies as much as possible. the other thing that people miss is that we are working very hard on building our own organization, because unless you have that at the heart of everything, you cannot make consistent investment. emily: you say in the book that the minute you think you are winning, that is dangerous. and sequoia may be the most successful venture capital firm in history. what do you do from within to evolve the firm and stay on the edge? sir michael: it begins with consistency. showing up for work every day. i know -- emily: a lot of people show up for work every day. they are not sequoia. sir michael: it is true, but it sounds simple. it is easy to start easing back and not working quite as hard. and not seeking the same level of success, not having the same
we have a lot of company founders at sequoia. there is also room for lots of other people to succeed as well. being in the investment business is also different from running a company. people like us, we are not running the company. we are trying to help these companies as much as possible. the other thing that people miss is that we are working very hard on building our own organization, because unless you have that at the heart of everything, you cannot make consistent investment. emily: you...
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Mar 15, 2016
03/16
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work at sequoia. s on pursuing justice. >>> another scandal at uc berkeley is under investigation. this time it cost an assistant basketball coach his job. the school fired yuan for harassing a sports reporter. he was an assistant with the mens team. the head coach had this reaction. >> i'm disappointed. because i'm the captain of the ship. >> however the coach is the first to get fired. >>> it is 6:40. it's a flash back to four years ago. mitt romney on the campaign trail. coming up what he is doing as the next presidential primaries approach. >> let's check the market on this tuesday. see how wall street is going. down nearly 100 points already. we'll check in with jason brooks after this short time out. ,,,, it took joel silverman years to become a master dog trainer. but only a few commands to master depositing checks at chase atms. technology designed for you. so you can easily master the way you bank. don >>> rise and shine and good morning everybody. it's tuesday, march 15th time check is 6:44.
work at sequoia. s on pursuing justice. >>> another scandal at uc berkeley is under investigation. this time it cost an assistant basketball coach his job. the school fired yuan for harassing a sports reporter. he was an assistant with the mens team. the head coach had this reaction. >> i'm disappointed. because i'm the captain of the ship. >> however the coach is the first to get fired. >>> it is 6:40. it's a flash back to four years ago. mitt romney on the...
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Mar 14, 2016
03/16
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long-time vc michael goingen out at sequoia, promptly dismissed who joined the firm in 1996. tand the allegations about michael gogan unproven and unrelated. we decide his departure was appropriate. the suit was filed on march 8th by a woman who says she was brought to the u.s. as a victim of sex trafficking at the age of 15, and met gogeun in 2001, claims she was abused sexually, physically and emotionally for over 13 years. as compensation, he agreed to pay her $40 million, but only paid $10 million. a statement saying, these horrific allegations against me come at the end of a ten-plus year romantic relationship that ended badly. he goes on to say that the complaint is filled with language that is designed to destroy his reputation. goguen, who elab rates further in a post on his linkedin page sits in ten companies. his only public board seat at info blocks, though he stepped down as director there after the company's annual meeting in december. cnbc has learned those board seats will be transferred to other sequoia partners. a cross complaint alleging extortion will be fil
long-time vc michael goingen out at sequoia, promptly dismissed who joined the firm in 1996. tand the allegations about michael gogan unproven and unrelated. we decide his departure was appropriate. the suit was filed on march 8th by a woman who says she was brought to the u.s. as a victim of sex trafficking at the age of 15, and met gogeun in 2001, claims she was abused sexually, physically and emotionally for over 13 years. as compensation, he agreed to pay her $40 million, but only paid $10...
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Mar 15, 2016
03/16
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surrounding this man michael goggin seen here giving a talk at the wharton school of business who was a partner in silicon valley's firm sequoia partners. his former mistress amber baptiste said she was his sexual slave 13 years after meeting him as a 15 years at a texas strip club. she's suing for $40 million alleging years of abuse. michael said amber was an adult when they met and describe her as a woman scorned out for revenge extorting him. >> he may have an actual valid claim of extortion. >> reporter: kpix5 legal analyst paul henderson said the two suits are some of the most legally intertwined he's every seen. >> that almost sounds like a contract for taking the bar. this is like one of the test questions that you would see on the bar that you would have to answer because it's so complicated. >> reporter: michael claims in his suit that he stopped honoring the original payment agreement of which he'd already paid out $10 million when she contracted him. it's a contract that according to henderson may be legally suspect in the first place. >> you cannot contract for illegal or immoral behavior, right? so this is why you
surrounding this man michael goggin seen here giving a talk at the wharton school of business who was a partner in silicon valley's firm sequoia partners. his former mistress amber baptiste said she was his sexual slave 13 years after meeting him as a 15 years at a texas strip club. she's suing for $40 million alleging years of abuse. michael said amber was an adult when they met and describe her as a woman scorned out for revenge extorting him. >> he may have an actual valid claim of...
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Mar 15, 2016
03/16
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michael goguin at sequoia capital formerly filed a countersuit against a woman who sued him. she claims he rescued her from human traffickers who forced her to work in a strip club but kept sexually, physically and emotionally abusing her for 13 years. she says he agreed to pay her $40 million but only paid her $10 million. the countersuit says they agreed to $10 million and he wants the money back. he claims the relationship was consensual but fell apart when he would not commit to her. >>> three former san jose state university students may be facing jail time for putting a bike lock around their roommate's neck. it was a stunning campus incident that many viewed as a hate crime. abc 7 these janet o is live at san jose's hall of justice with details from today's sentencing. >> reporter: the three former san jose state state students face consequences for their actions today but some say the trio got away with a light sentence for serious offenses. the victim, d.j. williams, did testify at the trial but was not at the sentencing today. his parents were. >> i want to thank ev
michael goguin at sequoia capital formerly filed a countersuit against a woman who sued him. she claims he rescued her from human traffickers who forced her to work in a strip club but kept sexually, physically and emotionally abusing her for 13 years. she says he agreed to pay her $40 million but only paid her $10 million. the countersuit says they agreed to $10 million and he wants the money back. he claims the relationship was consensual but fell apart when he would not commit to her....
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Mar 15, 2016
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work at sequoia.name and vigorously pursuing justice. >>> a cal under investigation. the school fired yan for harassing a sports reporter. the head coach had this reaction. >> i'm disappointed because again i'm the captain of the ship. and i have to make sure everything flows right, goes right. this is where it starts and ends. >> this is at least the fourth high profile sexual harassment case at cal over the last year. the coach is the first one to get fired. >>> bay area highways are still feeling the burn of weekend storms. in napa county heavy rains caused highway 121 to sink by three feet. the stretch from route 128 to wooden valley remains closed as crews come up with a fix. no word on how long repairs will take. check this out. this baby's r us is shut down after a massive chunk of the roof caved in. it happened during business hours but no one was hurt. no word on when the store will reopen or what exactly caused the collapse. >>> an apartment complex perched on an eroding cliff side is no mor
work at sequoia.name and vigorously pursuing justice. >>> a cal under investigation. the school fired yan for harassing a sports reporter. the head coach had this reaction. >> i'm disappointed because again i'm the captain of the ship. and i have to make sure everything flows right, goes right. this is where it starts and ends. >> this is at least the fourth high profile sexual harassment case at cal over the last year. the coach is the first one to get fired. >>>...
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Mar 30, 2016
03/16
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look at sequoia. >> look at sequoia.or anybody else but let's talk economics. steve leaseman is back with us and he has a special guest this morning. steve? >> very pleased to introduce joining us on set chicago fed president charles evans. thanks for joining us. >> good morning, steve. >> let's talk about the chair's speech yesterday and overall fed policy. do you still consider the federal reserve to be in a tighteni tightening mode? is this a normalization period right now? >> i think chair janet yellen laid out the right issues. going into the march fomc it seemed like some of the risk factors increase add bit, there was more financial volatility but global risk is higher and i think in that environment the -- you know, the funds rate dot chart, the expectation in december i think expected four rate hikes in 2016, now it's down to two, that's the median. that takes on board the global risks and, you know, the fact that accommodative policy continues to be appropriate but it haas an upward slope to it. median is for t
look at sequoia. >> look at sequoia.or anybody else but let's talk economics. steve leaseman is back with us and he has a special guest this morning. steve? >> very pleased to introduce joining us on set chicago fed president charles evans. thanks for joining us. >> good morning, steve. >> let's talk about the chair's speech yesterday and overall fed policy. do you still consider the federal reserve to be in a tighteni tightening mode? is this a normalization period...
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Mar 14, 2016
03/16
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we have breaking news on a scandal at sequoia capital right now. josh?> bill, it is a court case that everyone in silicon valley is talking about. michael goingen was a long time partner and fired after being hit with a sexual abuse lawsuit. it was a disturbing suit in which a woman claimed she was abused sexually and physically and for over 13 years, starved and beaten. as compensation mr. goguen paid $30 million but only paid $10 million. the claim that he is filing a counterclaim that this woman was consumed by anger and obsession and jealousy after their mutually consensual affair ended and submits number of e-mails and texts to back up the claim. part of the reason we're talking about this is his long time affiliation with sequoia capital, one of the most storied firms, having backed apple, linkedin and yahoo! among others. he invested in networking and semiconductors and on the board of inflow box. well known here in silicon valley. we'll keep following this case and bring you more headlines as they come. back to you. >> josh, thanks very much. we'
we have breaking news on a scandal at sequoia capital right now. josh?> bill, it is a court case that everyone in silicon valley is talking about. michael goingen was a long time partner and fired after being hit with a sexual abuse lawsuit. it was a disturbing suit in which a woman claimed she was abused sexually and physically and for over 13 years, starved and beaten. as compensation mr. goguen paid $30 million but only paid $10 million. the claim that he is filing a counterclaim that...
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Mar 15, 2016
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. >> michael gogin was, until the other day, a venture capitalist at a firm called sequoia. they have stakes in apple, google, ora cle and cisco. >> legal documents claim he's accused of subjecting her to sodomy, demeaning rituals and requiring her to refer to him as a king and an emperor. despite those claims she's suing contract. saying he signed a contract to pay her $40 million as compensation for the horrors she suffered at his hands. she claims he refused to honor the rest of his agreement. gogin is counter suing claiming that agreement was the result of a shake down and that he signed only after she threatened to publicly accuse him of false horrific acts unless he paid her. gogin's now former company told cbs this morning we understand these allegations of serious improprieties are unproven and unrelated to. is equoia. nevertheless, we decided that mike's departure was the appropriate course of action. >> even if all of her allegations are not true, the fact that this has risen to the level of a lawsuit and the fact that he had paid her at some point $10 million, is
. >> michael gogin was, until the other day, a venture capitalist at a firm called sequoia. they have stakes in apple, google, ora cle and cisco. >> legal documents claim he's accused of subjecting her to sodomy, demeaning rituals and requiring her to refer to him as a king and an emperor. despite those claims she's suing contract. saying he signed a contract to pay her $40 million as compensation for the horrors she suffered at his hands. she claims he refused to honor the rest of...
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Mar 25, 2016
03/16
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for "nightly business report," i'm bob pisani at the new york stock exchange. >>> a co-manager of the sequoia fund is stepping down. robert goldfarb is retiring following the fund's big investment in troubled drugmaker valiant. yesterday we told you valiant at one point accounted for more than 30% of sequoia's portfolio, an unusually high percentage. shareholders have lost more than 80% of their value over the past year. sequoia is a popular holding in some corporate retirement accounts. >>> investors are always looking for promising opportunities and tonight our market monitor guest found some, including two in a sector that has been under an enormous amount of pressure. he's david smith, chief investment officer at rockland trust investment management group. david, good to have you with us, appreciate your being with us. >> thanks for having me. >> you like a couple that are in the oil business. though not too far out on a limb, i guess i would put it. why don't you explain why you like exxon? >> rockland trust, when we make investments, we're looking out three years. we look at the time ho
for "nightly business report," i'm bob pisani at the new york stock exchange. >>> a co-manager of the sequoia fund is stepping down. robert goldfarb is retiring following the fund's big investment in troubled drugmaker valiant. yesterday we told you valiant at one point accounted for more than 30% of sequoia's portfolio, an unusually high percentage. shareholders have lost more than 80% of their value over the past year. sequoia is a popular holding in some corporate...
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Mar 15, 2016
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michael writes this entire matter is purely personal and has no connection whatsoever to sequoia or my years at work there. my departure allows me to focus on full force to clearing my name and vigorously per suing justice. >>> the the school fired yuan over harassing a sports reporter. he was an assistant with the mens team. the head coach had this reaction. >> i'm always disappointed. because again i'm the captain of this ship. i have to make sure everything flows right, goes right. this is where it starts and ends. >> reporter: this is the fourth high profile sexual harassment case at cal since last year. however the coach is the first one to get fired. >>> a massive sink hole isn't done causing trouble in the town of moraga. pg&e has had its hands full. 2500 customers lost gas service. the next step crews are going door to door relighting pilot lights. >> that means not only turning it back on at the meter but we have to go in the houses and check every gas appliance. >> considering the size of the main and the break i think they have done an impressive job. >> pg&e will make follow up visi
michael writes this entire matter is purely personal and has no connection whatsoever to sequoia or my years at work there. my departure allows me to focus on full force to clearing my name and vigorously per suing justice. >>> the the school fired yuan over harassing a sports reporter. he was an assistant with the mens team. the head coach had this reaction. >> i'm always disappointed. because again i'm the captain of this ship. i have to make sure everything flows right, goes...
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Mar 24, 2016
03/16
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at about $10 billion. the stock shot up yesterday on that report. >>> sequoia's president has resigned. the mutual fund has been hit hard by its big stake in valeant. morning star says sequoia has underperformed at 98% of its peers so far this year. >>> some other stocks to watch today, pvh reporting better than expected fourth quarter results, but the maker of calvin klein and tommy hilfiger apparel is giving down beat guidance for 2016. the company citing increased promotions, restrained consumer spending, and currency headwinds. appearing on "mad money," the ceo says he sees growth opportunities in china. >> the calvin klein business is about $275 million in china. tommy is less than half of that. we've been experiencing significant growth with both brands. i think there's a real opportunity to really take that business. i think both brands could be in the next five years over $500 million. that market is growing. that consumer continues to spend. we're well positioned there. both brands are really well received by the consumer in china. >> echoing nike's bullish numbers on china as
at about $10 billion. the stock shot up yesterday on that report. >>> sequoia's president has resigned. the mutual fund has been hit hard by its big stake in valeant. morning star says sequoia has underperformed at 98% of its peers so far this year. >>> some other stocks to watch today, pvh reporting better than expected fourth quarter results, but the maker of calvin klein and tommy hilfiger apparel is giving down beat guidance for 2016. the company citing increased...
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Mar 9, 2016
03/16
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at 1:40 this afternoon, plain clothes narcotics officers saw a man fire into a black sequoia in juniata park, as the suspect ran to a white suv with another man inside it's believed he fired at the officers. police are working to confirm that now, and nobody was hit. they traced the suv to coral park, and the men were gone and they are searching the suv. we understand it was a rental car, they later caught up with a suspect on torresdale after few. it's unclear if he is the shooter and the other man is on the run. the s.w.a.t. team was out and searching railroad tracks and the man that was in the toyota shot earlier in the side showed up at frankford hospital and police are talking to him now. adding to the chaos, a 15th district officer was injured responding to all of this that happened at 1:40 at pratt and roosevelt boulevard that officer expected to be treatmented and released. >> police are still trying to sort this all out and there are initial reports and a man was seen firing into a toyota sequoia and later reports that police were fired upon at some points and police working to
at 1:40 this afternoon, plain clothes narcotics officers saw a man fire into a black sequoia in juniata park, as the suspect ran to a white suv with another man inside it's believed he fired at the officers. police are working to confirm that now, and nobody was hit. they traced the suv to coral park, and the men were gone and they are searching the suv. we understand it was a rental car, they later caught up with a suspect on torresdale after few. it's unclear if he is the shooter and the...
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Mar 23, 2016
03/16
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he climbed and 80 foot sequoia in downtown seattle. -- he threw things at police, hung upside down and waved at people. some locals recognized him as some of the homeless and believe it or not, he is still up there. >>> as if we needed another reason to love adele. the singer goes on stage during her encore at the arena. she continued to dance on stage. she admitted that she is not very good at twerking because her bottom is so big. i know, walter, you have that same issue. >> i did not realize that. good to know you have been watching very closely.>> [ laughter ] >> are we seriously talking about walters but this morning. have we sunk to a new low? i'm just filling in. wind that nothing will keep you from magnum double caramel. silky vanilla bean ice cream & rich caramel sauce all covered in thick chocolate. discover magnum, double dipped for double >>> from miami-dade, broward and the keys , this is south florida cbs news this morning.>>> reiki news. a man is dead after an officer involved shooting in miami-dade. identified. it is 5:30 on march 23. it's wednesday. halfway there. good
he climbed and 80 foot sequoia in downtown seattle. -- he threw things at police, hung upside down and waved at people. some locals recognized him as some of the homeless and believe it or not, he is still up there. >>> as if we needed another reason to love adele. the singer goes on stage during her encore at the arena. she continued to dance on stage. she admitted that she is not very good at twerking because her bottom is so big. i know, walter, you have that same issue. >> i...
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Mar 23, 2016
03/16
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at this. he climbed a tree, and 80 foot sequoia in downtown. police tried to negotiate with him. the man yelled at them and witnesses say he the things that officers. the fire department had to come in to help bring the man down. >>> sarah palin may be coming to a tv near you. former governor of alaska may not have a law degree but she is set to star in a new judge judy style courtroom reality show. if she sells the idea tv stations they show will premiere in the fall of 2017. >>> after a year san antonio neighborhood is believed that this tree is gone after he became home to thousands of these. homeowners thought there was a high but the tree was a giant type. officials decided to take the the bees will fly back anytime soon. they will be moved to a zoo 20 miles away. >>> is picking up out there. let's go to road warrior hilary zalla. >> good morning. i-75 hillsborough county. southbound lanes at bruce b downs boulevard. the outside lane is black. not seeing any big delays on 75 yet. right west of their on morris bridge road and east of hidden river parkway there is a crash and t
at this. he climbed a tree, and 80 foot sequoia in downtown. police tried to negotiate with him. the man yelled at them and witnesses say he the things that officers. the fire department had to come in to help bring the man down. >>> sarah palin may be coming to a tv near you. former governor of alaska may not have a law degree but she is set to star in a new judge judy style courtroom reality show. if she sells the idea tv stations they show will premiere in the fall of 2017....
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. >> michael goguen was until the other day a venture capitalist at a firm called sequoia. s e got steaks in s google and others. >> there are charges of sodomy, verb ball abuse, and require helloer to refer to him as a king and an emperor. despite those claims she's only suing him for breach of contract saying he would pay her $40 million for the compensation for the horror she suffered at his hands. after paying $10 million, she claims he refused to honor the rest of his agreement. goguen says it's the result of a shakedown and resigned only after she threatened to publicly accuse him of false horrific act. his former company told "cbs this morning" we understand these allegations of serious improprieties are unproven and unrelated to see quoia sequoia, nonetheless, we desired mike's departure was the appropriate action. allegations are not true, the fact that this has risen to the level of a lawsuit and fact he paid her at some point $10 million is something that a powerful venture capital firm would not want to be affiliated with. and it >> reporter: goguen says the departure allows h
. >> michael goguen was until the other day a venture capitalist at a firm called sequoia. s e got steaks in s google and others. >> there are charges of sodomy, verb ball abuse, and require helloer to refer to him as a king and an emperor. despite those claims she's only suing him for breach of contract saying he would pay her $40 million for the compensation for the horror she suffered at his hands. after paying $10 million, she claims he refused to honor the rest of his...
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Mar 24, 2016
03/16
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. >>> valeant shares down sharply on news the head of the sequoia fund, robert goldfarb is stepping down. atoint accounted for a third of sequoia's portfolio causing the fund to drop 11% this year. we told you about how common this fund is as a retirement investment option at many companies and valeant continues lower down another 6.5% today. >> wall street executives may have to develop patience when it comes to their bonus. mary thompson joins us with more. >> these rules are required by dodd frank and incentive pay or bonuses, this is take reproposal, the first released in 2011. while that date isn't firm, it's expected to be released sometime next month according to people familiar with the situation. joined by six regulatory agencies and sources say it will likely mandate a certain percentage of incentive pay be deferred for more than the three year standard that was adopted by banks after the financial crisis. it may also expand the number of people subject to rules on deferred compensation beyond the current group of executives that are currently applies to. while many financial firms
. >>> valeant shares down sharply on news the head of the sequoia fund, robert goldfarb is stepping down. atoint accounted for a third of sequoia's portfolio causing the fund to drop 11% this year. we told you about how common this fund is as a retirement investment option at many companies and valeant continues lower down another 6.5% today. >> wall street executives may have to develop patience when it comes to their bonus. mary thompson joins us with more. >> these rules...
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Mar 23, 2016
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at the fun on twitter. this could be a really serious situation. we don't know if this man has mental issues or what. he did climb up an 80-foot sequoia in seattle. >>> about 500 jobs are available today at the ninth annual polaris career strr in middleburgh heights. the hilton downtown and aquatics are among the 75 companies looking to hire. this is free to the public. in nearly 60 years, a major league baseball team played in cuba. the rays won 4-1. president obama was at the game to top off his historic trip to cuba. this morning the president is in argentina beginning at two-day trip there. >>> cavs host the bucks tonight at the q. you can expect lebron james to bring his a game not just tonight but apparently from here on out. james says he's in playoff mode, and that's the reason some are now suggesting why james unfollowed the cavs on social media. >> tia: okay. wait a minute. break this down for me. >> brian: every year lebron puts his phone away when the playoffs start. he says i'm not going to be bothered with social media, people calling and texting. i'm not on social media during the playoffs. a couple days ago he unfollow
at the fun on twitter. this could be a really serious situation. we don't know if this man has mental issues or what. he did climb up an 80-foot sequoia in seattle. >>> about 500 jobs are available today at the ninth annual polaris career strr in middleburgh heights. the hilton downtown and aquatics are among the 75 companies looking to hire. this is free to the public. in nearly 60 years, a major league baseball team played in cuba. the rays won 4-1. president obama was at the game to...
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Mar 23, 2016
03/16
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sequoia tree. police shutdown the area as they tried to negotiate with the man and get him down. the man just yelled at them, and witnesses say he even threw things at officers. a fire department in to help bring the man down. sarah palin may be coming to a t-v near you. the former governor of alaska may not have a law degree, but she's set to star in a new judge judy-style courtroom reality show. if palin sells the idea to t-v stations, the daytime show will premiere in the fall of 2017. after more than a year, a san antonio neighborhood is relieved that one tree is gone after it became home to thousands of bees. at first, homeowners thought there was just a hive in the tree, but it turns out the tree was one giant city officials decided to take down public safety was a the bees won't be flying back anytime soon either. soon they will be at their new home in a zoo 120 miles away. you can get 10 in tampa bay, catch us on magic 94- point-9.... and the dove 105.5 f-m on sarasota talk radio, listen to wsrq 106.9 fm. and hear 10 weather in spanish on maxima 92-5. you've probably heard this question before,
sequoia tree. police shutdown the area as they tried to negotiate with the man and get him down. the man just yelled at them, and witnesses say he even threw things at officers. a fire department in to help bring the man down. sarah palin may be coming to a t-v near you. the former governor of alaska may not have a law degree, but she's set to star in a new judge judy-style courtroom reality show. if palin sells the idea to t-v stations, the daytime show will premiere in the fall of 2017. after...
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Mar 23, 2016
03/16
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sequoia. police say the man did not cooperate with authorities. pine cones and was throwing them at officers below. >> i was looking at the tree and horrified to see there was a person up there. >> residents familiar with the area say the man is homeless and in that part of town a lot. no one knows why the man was staked out at the tree. he could still be up there. we don't know if he's come down just yet. >>> still ahead, while presidential candidates continue their push to the white house, many issued statements following at tacks a full report coming from (vo) shop all makes, models and colors in your neighborhood... all with worry-free ownership. head to your neighborhood enterprise car sales and let the people who buy more vehicles than anyone... shift your thinking about buying your next one. 5:14 and this morning's top stories. right now as the hunt continues for one of the suspects in the most deadly terror attacks in belgium. early this morning, a belgian the attackers as brothers khalid and braheim. authorities are searching for a third man in connection with the attacks.
sequoia. police say the man did not cooperate with authorities. pine cones and was throwing them at officers below. >> i was looking at the tree and horrified to see there was a person up there. >> residents familiar with the area say the man is homeless and in that part of town a lot. no one knows why the man was staked out at the tree. he could still be up there. we don't know if he's come down just yet. >>> still ahead, while presidential candidates continue their push...
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Mar 24, 2016
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is to accompany any sort of, like, stock pickers funds like sequoia which is kind of a concentrated portfolio. it had about 20% in valiant at one point. if you're holding a fund like that, be prepared for bouts of volatility. its performance was really good up until the point when it wasn't. so be prepared for volatility but also plan to hold something more diversified alongside of it. to help mitigate those periods of weakness. so it may be a total market index tracker that has the added effect of bringing your total portfolio's costs down, and it will tend to make your performance a little smoother. it will smooth out those stock-specific mishaps when they occur. >> index funds you generally don't have t to worry about because the relative share of any one stock in an index fund is quite small. i guess if it's market cap weighted apple would be what in an s&p 500 fund? >> just about 2.5% today, tyler. so not a big piece of the pie. apple could encounter a couple of bad years and because a portfolio like that is so diversified it's not going to bring down the big ship. that's a great strategy. >> sequoia wasn't the only fu
is to accompany any sort of, like, stock pickers funds like sequoia which is kind of a concentrated portfolio. it had about 20% in valiant at one point. if you're holding a fund like that, be prepared for bouts of volatility. its performance was really good up until the point when it wasn't. so be prepared for volatility but also plan to hold something more diversified alongside of it. to help mitigate those periods of weakness. so it may be a total market index tracker that has the added...
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Mar 23, 2016
03/16
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WRC
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at. police closed down a treat in downtown seattle trying to convince a man to get down from an 80-foot tall sequoiaof all the reasons to get down for a traffic jam. there are reports that he started throwing things at the medics last night as they tried to coax him down. >>> well, it is the day that a lot of folks have been waiting for. peak blooms begins at the tidal basin. cherry blossoms are out. and amelia segal is out as well getting ready for the cherry blossom festival. amelia, i saw some of the pictures you put on instagram this morning. those blossoms are popping. they look awesome. >> reporter: oh, it's beautiful down here, aaron, peak bloom on the way. we can see is on average f ten days to start seeing pink coloring. joining me is diana mayhew. she's the president of the cherry blossom festival. people out with cameras. what can they expect? >> you come down, the gorgeous blossoms, enjoy music down here at the tidal basin and join us this saturday for the opening ceremony at the theater. >> reporter: i know you've been involved with the cherry blossoms for 16 years now. you have a littl
at. police closed down a treat in downtown seattle trying to convince a man to get down from an 80-foot tall sequoiaof all the reasons to get down for a traffic jam. there are reports that he started throwing things at the medics last night as they tried to coax him down. >>> well, it is the day that a lot of folks have been waiting for. peak blooms begins at the tidal basin. cherry blossoms are out. and amelia segal is out as well getting ready for the cherry blossom festival. amelia,...
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Mar 23, 2016
03/16
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WTVT
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sequoia tree... after he climbed to the top yesterday morning. but officials say he refuses to speak with police... and even threw an apple at medics... according to seattle police - the 3 man says he's mad at the tree. he was also said to be tossing small branches, orange peels and other materials to the ground... this, while shouting requests for cigarettes and making obscene gestures.. reports say he also began stripping the top of the tree bare... and making a fort. tearing the limbs off to throw at firefighters and others below. 3 sarah palin is no stranger to reality t-v... and now... the former alaskan governor is getting her own courtroom reality show. palin signed a deal to star in a new daytime show... similar to judge judy. the show doesn't have a name yet... but of 20-17. but *first, palin has to make the pilot... then meet with stations to try and sell it and herself. in 20-10... she starred in "sarah palin's alaska" on t- l-c... then "amazing america with sarah palin" on the sportsman channel in 20-14. 3 a nursery dog comes to the rescue for a group of cheetah cubs that needed a surrogate parent. the mother of the 5 chee
sequoia tree... after he climbed to the top yesterday morning. but officials say he refuses to speak with police... and even threw an apple at medics... according to seattle police - the 3 man says he's mad at the tree. he was also said to be tossing small branches, orange peels and other materials to the ground... this, while shouting requests for cigarettes and making obscene gestures.. reports say he also began stripping the top of the tree bare... and making a fort. tearing the limbs off to...
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Mar 22, 2016
03/16
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BLOOMBERG
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sequoia, the mutual fund, ld about 1.5 million shares of the company. sold atthat can be used by investors to offset gains. the pentagon says boeing will probably miss the deadline for delivering the first of a new generation of aerial tankers. officials do not expect the initial order to be delivered until march 2018, about seven months late and boeing disagrees. if says they should deliver the planes on time. consider key -- kentucky seeks volkswagen.sues it seeks punitive damages. apple has been front and center in the battle against the f dia and it's her best to -- the fbi in its request to own lock a cell phone belonging to a terrorist. matt larson joins us from washington. i know this is a conversation that is a long time coming. we see in groups and technology developing more and more. we prolong the -- we presumably would have gone that if this case had gone forward. what does this mean, the hearing postponement? terms of the immediate ramifications, it gives the government did opportunity to -- government an opportunity to pursue third-party solutions
sequoia, the mutual fund, ld about 1.5 million shares of the company. sold atthat can be used by investors to offset gains. the pentagon says boeing will probably miss the deadline for delivering the first of a new generation of aerial tankers. officials do not expect the initial order to be delivered until march 2018, about seven months late and boeing disagrees. if says they should deliver the planes on time. consider key -- kentucky seeks volkswagen.sues it seeks punitive damages. apple has...
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Mar 24, 2016
03/16
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WTTG
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he climbed this 80 foot sequoia tree in the middle of downtown seattle and didn't come down for 25 hours he get this threw pine cones and apples at rescue crews who tried to coax them down. he came down this afternoon and was taken away by ambulance for medical evaluation probably a good idea. >> might be. tonight we had a khapsz for wizards to go over 500 mark for first time in four months the last time that was november 24 when 6-5 they also had a chance to extend winning streak to season high 6 games. po bone enters hawks team they defeated two nights ago in atlanta. first three quoorters kept to close. john wall best move of the game. wizard lead. and then the hawks went on offensive explosion. kyle kosher drilling one of hive three pointers. hawks team made a season high 17 of them. 51 point behind the arch and second half wizard give up 70 points not a typo 70 points for mike scott scores in for sduvrping and wiz losses 122 to 1011 and ought trail the pictureones for final playoff spot in the east. they're in it but time slipping by. >> colonial army packed the smith center. hosting the we go to game action with less than a
he climbed this 80 foot sequoia tree in the middle of downtown seattle and didn't come down for 25 hours he get this threw pine cones and apples at rescue crews who tried to coax them down. he came down this afternoon and was taken away by ambulance for medical evaluation probably a good idea. >> might be. tonight we had a khapsz for wizards to go over 500 mark for first time in four months the last time that was november 24 when 6-5 they also had a chance to extend winning streak to...
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Mar 23, 2016
03/16
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WCBS
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at cbs new york. >>> a man is refusing to coming down a tree. the man spent 24 hours near the top of an 80-foot tall se sequoia tree. he refused to talk. last night he appeared to scramble to the bottle to of the tree but made his way backup. the incident attracted a crowd of unlookers. >>> technology continues to now coming up with solutions to change physical banking. cbs news shows us how the industry is branching out to keep you coming back in. >>> a yoga class is in an unusual site in san francisco. this class is different. it is taking place, some offer family entertainment, some have ice cream trucks. >> this is normal. >> in more than 300 locations on the west coast. >> close up shop. >> the enticing free services part of a banking revolution. >> one thick we do know, people expect to see banks. >> for centuries banks have been both in expectation and a necessity. with the evolution of online banking companies have had to strategy. >> it is revolutionizing. >> jonathan larson at the global head of retail banking for city showed us their first smart branch in the u.s. there are already more than 300 across the globe. we worked w
at cbs new york. >>> a man is refusing to coming down a tree. the man spent 24 hours near the top of an 80-foot tall se sequoia tree. he refused to talk. last night he appeared to scramble to the bottle to of the tree but made his way backup. the incident attracted a crowd of unlookers. >>> technology continues to now coming up with solutions to change physical banking. cbs news shows us how the industry is branching out to keep you coming back in. >>> a yoga class is...
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Mar 9, 2016
03/16
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WCAU
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at coral and valetta. this is how this all unfolded today. earlier, under cover narcotics officers in the area of 16th and east hunting park. two men in a toyota sequoia, witnessed one man shoot the other, get out of the car and get into the white suv, the chevy tahoe, and take off. no police were injured. they were not shot. they did in the fire weapons but did pursue that white chevy tahoe and call in for backup. one confirmed shooting victim in surgery and who is in the hospital. he got himself to frankford hospital. police want to talk to his shooting victim to find out what happened this afternoon. we also should mention one officer injured. he got into a car accident as he was responding to the scene here. he was taken to the hospital but he's expected to be okay and treated and released. police are looking for the shooter and anybody else who may have been working with him. more tonight at 11:00. live in frankford, rosemary connors. >>> latest on the fire that quickly destroyed dozens of cars here. damaged building in delaware county. nbc investigators are looking into allegations now of the warehouse that went up in flames may have gone unchec
at coral and valetta. this is how this all unfolded today. earlier, under cover narcotics officers in the area of 16th and east hunting park. two men in a toyota sequoia, witnessed one man shoot the other, get out of the car and get into the white suv, the chevy tahoe, and take off. no police were injured. they were not shot. they did in the fire weapons but did pursue that white chevy tahoe and call in for backup. one confirmed shooting victim in surgery and who is in the hospital. he got...
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Mar 23, 2016
03/16
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WNBC
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at the tower spire. this in tribute and memorial to what -- the attacks happened in brussels. the strange standoff in the northwest. a man climbed a sequoia in downtown seattle and is refusing to come down. he's throwing things at first responders, among them pine cones and branches and at one time an apple. he's been up there since tuesday morning. the police shut down the streets. the man appears to be having a personal crisis. >> i think so. >>> you may notice something new on the next bag of m&m's. mars is labeling products that contain genetically modified organisms. it's to comply with a new law in of m&m's. it will also appear on skittles, life savers and regular gum. they reported last week that cereals will contain them. >> candy. you don't think of gmos at candy. >> it's time to start thinking about it, i guess. >> it will be gmo on there. >> going to be different. >> still taste good. >> gmo store. >>> no gmo needed for the weather today. straight up 60s to near 70. a mild day. a mix of clouds and sunshine. gets breezy at times during the afternoon. it will be a mild breeze that will feel nice. a mild night tonight. partly clou
at the tower spire. this in tribute and memorial to what -- the attacks happened in brussels. the strange standoff in the northwest. a man climbed a sequoia in downtown seattle and is refusing to come down. he's throwing things at first responders, among them pine cones and branches and at one time an apple. he's been up there since tuesday morning. the police shut down the streets. the man appears to be having a personal crisis. >> i think so. >>> you may notice something new on...
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Mar 28, 2016
03/16
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CNBC
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sequoia found was 32% concentrated in valeant at the top last summer.safe to say, long-term mutual fund money. that's a little too much, too concentrated in one individual name. but if you're not going to do an index fund, not going to do passively by the market for low fees, then if you want to actually attempt to be active, and to beat the indexes, you have to be a little more concentrated than -- not a few hundred stocks. a lot of the research says more like a couple, few dozen stocks is as high as you should try. >> you're nodding your head. >> the one thing i would agree in, guys who say they're stock pickers and own 100 stocks, they're not stock pickers, they're closet index guys. you're right on that. the problem with the whole concentrated portfolio game is, what is the point? the point is maybe you're going to get a home run because you get brilliant stock picker. it really causes so much concentration that the risks are much higher. i think there is a real correlation there between the risks you're taking, the ability of the asset manager to o
sequoia found was 32% concentrated in valeant at the top last summer.safe to say, long-term mutual fund money. that's a little too much, too concentrated in one individual name. but if you're not going to do an index fund, not going to do passively by the market for low fees, then if you want to actually attempt to be active, and to beat the indexes, you have to be a little more concentrated than -- not a few hundred stocks. a lot of the research says more like a couple, few dozen stocks is as...
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Mar 23, 2016
03/16
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WRC
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sequoia. officers aren't sure why he was up there in the first place. there were reports he was throwing things atedics last night as they were trying to get him down from there, snarling traffic. >> wow. imagine climbing up that way. >> imagine being in the traffic. a lot of unhappy people. >> we're going to introduce you to >>> the american bird conservency needs your help on who may have killed 13 bald eagles last month. they were found dead on the highway. they don't rule out disease as cause of death. bald eagles are protected under state and federal law. the conservency is offering a $5,000 reward for someone's conviction. four were found dead last week. no word on whether the two incidents were connected. >>> the timing of rain a little tricky. here's what i'm thinking with future weather. friday we're dry, some clouds in place. it looks like the best chance of rain is ear afternoon hours. showers starting to push east out of the district, and we'll get in on some limited late day sunshine. if you have plans to dine out on your friday evening, i think for the most part the weather cooperati
sequoia. officers aren't sure why he was up there in the first place. there were reports he was throwing things atedics last night as they were trying to get him down from there, snarling traffic. >> wow. imagine climbing up that way. >> imagine being in the traffic. a lot of unhappy people. >> we're going to introduce you to >>> the american bird conservency needs your help on who may have killed 13 bald eagles last month. they were found dead on the highway. they...
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Mar 23, 2016
03/16
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KGO
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sequoia tree and refused to come down. last night authorities tried to help him down but he refused to budge, even hurling apples at rescuers. that spawned the #manintree. the man finally came down on his own just before noon today. >>> the famous cherry blossoms are expected to reach peak plume today in washington, d.c., when at least 70% of the blossoms are open. they'll be in this stage up to ten days. it is coinciding with the festival running through april 17th. they are spectacular. if you ever go to japan, they are stunning there. >> our weather is pretty gorgeous. >> spencer christian, speaking of gorgeous. >> speaking of gorgeous, yes, it's going to remain this way for a while. nice spring-like weather has descended on the bay area. mainy sunny skies with high clouds around. nice and mild. as we look out over the bay, i should mention that tree pollen is high and lots of allergy sufferers have been asking about that. other pollutants are either not a factor or very low. uv index is also high. while we're enjoying the blooming of spring here, winter like weather is still pounding some parts of the country from denve
sequoia tree and refused to come down. last night authorities tried to help him down but he refused to budge, even hurling apples at rescuers. that spawned the #manintree. the man finally came down on his own just before noon today. >>> the famous cherry blossoms are expected to reach peak plume today in washington, d.c., when at least 70% of the blossoms are open. they'll be in this stage up to ten days. it is coinciding with the festival running through april 17th. they are...
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Mar 23, 2016
03/16
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KOFY
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sequoia. no sign he's going to come down. miss say when medics tried to evaluate him he threw an apple at themment he wants to be up there. >>some troubling news about climate at change and how it will impact food production in california. federal report row leased today says changing rain and snow pattern caught by climate at change will reduce the amount of world trade center for california farmers. expected to hurt the state vital agriculture industry. hotter summer could mean more demand for powers but reservoir may have less water to run hydro-electric generator. >> still ahead in our next half hour continuing coverage of the terror attack in brussels. >> ahead. >> ahead. ago in that city trigger today's bombing. investigators anti-to know. >> fear of change bay area belgians anxious about how the blast could change their homeland. >> plus baseball diplomacy in cuba. how the sport is uniting two culture. >> 7 news at 9 and 2 separate bombings. capitol city finds itself the latest target of terrorism. >> authorities are closely investigating whether:v today's cash annual was triggered by a raid 4 days ago that resulted i
sequoia. no sign he's going to come down. miss say when medics tried to evaluate him he threw an apple at themment he wants to be up there. >>some troubling news about climate at change and how it will impact food production in california. federal report row leased today says changing rain and snow pattern caught by climate at change will reduce the amount of world trade center for california farmers. expected to hurt the state vital agriculture industry. hotter summer could mean more...
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Mar 23, 2016
03/16
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WRAZ
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at what's trending. there is a bizarre situation in downtown seattle where police have been trying to coax a man after he went up into an 80 foot tall sequoia tree. now the man in the tree has become a trending hashtag on twitter. seattle police say someone called 911 yesterday to report that a man in a tree was next to a macy's department store. the man refused to speak with them and threw apples that medics and rich branches from the tree. that area is closed to traffic, police want to make sure the man can get done without hurting himself or someone else. the hashtag, #manintree, is trending on twitter and facebook. the tree has been there since the 1970s. the man has been there since yesterday. people are comparing the man to yukon cornelius or made their own lego creations. >>> the whole thing started there. >>> he will eventually come down. and we'll let you know how that >>> it is 7:56, i'm bill leslie. breaking news out of johnston county, authorities are investigating a deadly crash that happened on interstate 40 just east of i-95 near benson. the time, about 3:30 this morning. driver lost control, hit a guardrail and rolled into t
at what's trending. there is a bizarre situation in downtown seattle where police have been trying to coax a man after he went up into an 80 foot tall sequoia tree. now the man in the tree has become a trending hashtag on twitter. seattle police say someone called 911 yesterday to report that a man in a tree was next to a macy's department store. the man refused to speak with them and threw apples that medics and rich branches from the tree. that area is closed to traffic, police want to make...
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Mar 9, 2016
03/16
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WCAU
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at coral and valetta. this is how this all unfolded today. earlier, under cover narcotics officers in the area of 16th and east hunting park. two men in a toyota sequoiatnessed one man shoot the other, get out of the car and get into the white
at coral and valetta. this is how this all unfolded today. earlier, under cover narcotics officers in the area of 16th and east hunting park. two men in a toyota sequoiatnessed one man shoot the other, get out of the car and get into the white
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Mar 24, 2016
03/16
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KRON
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sequoia in the middle of a downtown seattle shopping district. >> grant:police had been trying to coax him down.on and off.since late yesterday morning. once atthe bottom.he ate some fruit.then police approached.and loaded him into an ambulance. while in the tree for all those hours.the guy at times yelled things. >> grant:this was on stewardt street near the macys in downtown seattle. the 28 year old has not been names.he appeared to be trying to make some kind of statement about saving trees. >> grant:police say he does not face charges.they're working on getting him some mental help. >> brittany: 7 day forecast is right after the break! >> catherine: and about two hours the defending champs will face the clippers and resume their quest for the best record in the nba. >> catherine:a preview of their western conference showdown. return >> reporter: >> reporter: defending champs are back on the floor at oracle tonight. last slowly pushed into some of the crew up tonight. for one up spirit and grain is down working on his post- game turkey is the only one out here right now. --grain that is the only one counter working on his-- green is the on
sequoia in the middle of a downtown seattle shopping district. >> grant:police had been trying to coax him down.on and off.since late yesterday morning. once atthe bottom.he ate some fruit.then police approached.and loaded him into an ambulance. while in the tree for all those hours.the guy at times yelled things. >> grant:this was on stewardt street near the macys in downtown seattle. the 28 year old has not been names.he appeared to be trying to make some kind of statement about...
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509
Mar 4, 2016
03/16
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KQED
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we just came from sequoia national park, where they have some of the largest trees in the world, and the scale and immensity of these trees is really indescribable. you're standing at of it, looking up, and the tree's as tall as a football field, and you just can't-- you can't get a sense of scale because it is so tall. and right now actually we're in death valley. we lucked out, because once about every ten years, death valley has what's called a superbloom. and so, when they have really big rains in the fall, the wild flowers will bloom really well in the spring. so we're going to go and visit fields of wild flowers in the hottest and driest place in the united states. a lot of my friends ask me for great photos of the parks, and they ask me what my favorite park is or what's the coolest experience, and i think that's the really special part about it. i can't explain to you, at least not in words, what it's like to see denali, the mountain rise 7,000 feet above the surrounding mountains. it's one of those places where a photograph just doesn't do it justice. and that's the thing with a lot of these parks. we try and capture some great photographs, but if you want
we just came from sequoia national park, where they have some of the largest trees in the world, and the scale and immensity of these trees is really indescribable. you're standing at of it, looking up, and the tree's as tall as a football field, and you just can't-- you can't get a sense of scale because it is so tall. and right now actually we're in death valley. we lucked out, because once about every ten years, death valley has what's called a superbloom. and so, when they have really big...