that's a big head wind for best buy. >> so is this business model that best buy's been going with is the big store and multiple products, is that business model broken? >> we think it is. we think it needs a great deal of fixing. ultimately best buy is stuck in the middle right now. they don't offer enough service. they want people to come in their stores and pay a premium. frankly we don't think the consumer wants to pay a premium for electronics. it's going to come down to price. and today best buy is not the lowest prices. and the question is, are they willing to go out and match internet prices if they don't, this could end up being a broken business model in ten years. >> tell us about the new ceo. what do you think he can do? do you think he can turn things around? >> the thing is you disburse the ceo -- were all home grown while mr. jole has been credit sized for not having formal experience he has experience as a turn around expert, someone working in the entertainment hotel and restaurant industries. frankly i think even if we had pulled geriatric wels jack welsf retirement

best buy to return to market leadership." he is proposing to buy out the company, using his own money, private equity funds and some debt. so would going private be the right strategy for best buy? >> it may make sense for best buy to be a privately held company, especially if you have the backing of private equity. with retail and turnaround experience. frankly, this company has a lot of work ahead of them to stay competitive and stay relevant in the eyes of consumers. >> it's a moment of truth for the retail electronics chain schulze founded in 1966. >> reporter: part of best buy's problem is so-called showrooming. that's when customers browse the store, but actually place their orders elsewhere, often at online sites like amazon. an even bigger issue is the enormous size of most stores, a relic of a bygone era. >> in the early part of the 90's through the early part of the 2000s. consumers hano problems. they were shopping in stores for tvs, video games, cds were a big part of their consumer electronics budget. but as that

the factories such as the best radio station the best winch the best materials the best engine the best prepare and then to put them all together to produce the world's best boat . so that's exactly what the pros at moscow shipyard will keep on doing with that supposedly being along with the austere mood of the global economy defocusing their energy purpose ships like this which could be used by city regional and port authorities alike since last year the docks here have been busy churning out in p.b. fourteen and other similar craft made for russia's internal waterways and you can take my word for it the pair of three hundred twenty five horsepower engine offer one of the best ways to get the wind blowing through your hair on a sunny summer day. moscow can boast of its status as a five seaport russia second largest city st petersburg is actually where most of the action happens in fact the founder of the northern capital is also considered to be the father of the country's modern naval fleet after studying the craft in holland peter the great brought the necessary technology and know h

on "options action" it's how we find the best deals.hat's just what they tried to do with their bullish bet on best buy. carter thought the big box retailer would be electric. >> this selloff has discounted too much. play for a better rebound. >> better buy me some best buy, mike thought, but getting long would cost you over $20,000 at the time of the trade. so he bought the january 24 call for $1.50. to make money he needs best buy shares to rise above that call strike prize by more than the cost of the trade or above $25.50 by january 2013. but $1.50, doesn't sound like a bargain to me. mike, let's do this for less. >> sell the 18 put. >> that's what we're talking about. to spend less he sold the 18 strike put for $1.75 and created his risk reversal. we did more than that. he found himself a deal. >>dy hear someone say deal? >> you certainly did. here's why. between the $1.50 he spent buying that call and the $1.75 he collected by selling that put, mike took in a 25-cent credit on the trade. now instead of needing best buy to trade ab

we haven't heard from best buy but expect to get some sort of a statement from best buy.ost likely they will say we'll wait and get back to you in terms of what our response will be to this proposal. >> at 21.97, believe this or not -- >> yes it does. it think there's a chance here. this is a guy, he was still chairman as of the spring. >> surrendered his position in order to exercise his options and create that 21% stake. >> i think the key question, carl, what's his strategy going to be? he mentions other members of former management who might join him including brett anderson, alan linzmyer. what will they that they weren't doing long ago when they were running the company? i don't know. but it would seem you do need to rethink the business model in some way for a company like this. maybe not. the market is giving it some credibility. a billion dollars worth of stock is not? -- is not instant. credit suisse has the wherewithal to raise $7 billion in debt financing but still a big number in this market overall. we've not seen an lbl this size for a company that's declin

best chance east and south. a mixture of sun and clouds. high temperature between 86 and 91 degrees. the chance for rain goes out by the end of the week. a good chance for thunderstorms on friday. some could be strong or severe. then a friend goes through saturday morning. most of the weekend will be comfortable with temperatures in the mid 80's. >> thank you. 5:50. we will check the latest medal count. >> here is a look at last night's winning maryland lottery numbers. i hear you're having a tough day, so i brought you a freshly made sandwich. you made me a sandwich? no, dunkin' did. but i wrote the note. dunkin' bakery sandwiches are freshly made just for you. grab a turkey cheddar bacon sandwich today. america runs on dunkin'. >> here is a look at the latest medal count. team usa has 70 total medals. the host country is in a tie for third. the brits have 12 more goals than russia. >> time to get to your answers to our water cooler question of the day. >> this morning we asked -- would you pay an extra fee to avoid the airport luggage car

we're down to the best of the best. at number five, the games people play. >> rock, paper, scissors, pretty simple game. everybody knows i re ic 1, shoot. i win always. pretty cut and dry. there's a winner and there's a loser, unless you're our buddy andrew hale. he has a youtube channel which is growing in popularity. >> hey, do you want to play rock, paper scissors real quick? >> for what? >> for fun. >> sure. >> i win. >> he's walking around this mall walking up to strangers saying, hey, let's play a quick one. 1, 2, 3, shoot. no matter what they throw he quickly changes it to whatever beats whatever that person threw and then just goes yeah, and walks away. what just happened here? i think the funniest thing about andrew is he seems so socially awkward but has no problem going up to strangers, getting in their face, holding their hand. >> it's a way to incite a riot. you get enough people saying this guy is cheating at rock, paper, scissors, this whole guy is going to get mad. >> no matter what, andrew makes it a po

best buy to return to market leadership." he is proposing to buy out the company, using his own money, private equity funds and some debt. so would going private be the right strategy for best buy? >> it may make sense for best buy to be a privately held company, especially if you have the backing of private equity. with retail and turnaround experience. frankly, this company has a lot of work ahead of them to stay

the best blush. vnv hypoallergenic, the blush is great stuff, moisturizing coconut oil. cheeks seem to be the driest part of your face. the colors are natural. >> i like the pouch it comes in, looks like jewelry. >> very cute. >> the best lipstick, always important to have this in the interview arsenal. >> you pit on lipstick and you don't realize it. you're ingesting some, licking your lips, food grade, no chemicals, nothing bad in there. that little white in the center, that's an antioxidant that helps protect your lips from aging and the sun and things like that the colors are really sheer, almost like a lip balm when they put it on. >> beautiful colors. very nice. okay. foundation. actually this is kind of a two-for for clinique. they win the best foundation first. the more you wear, the less you need of this. >> we had dermatologists test this, readers use it for six weeks, took pictures before and after. what they found even when you weren't wearing foundation you had fewer lines and wrinkles.

best buy shares have fallen 17%.ow options actions biggest fans are tuned into the show and they just want to know one thing. what will these pitch men do now? before we answer this, perhaps this will make us all feel a little better. mike's risk reversal netted him a $25 credit. he would be looking at a total loss of about 200 bux. here is where it gets interesting. if best buy can stay bo the 18 strike put, mike's off the hook for losses. volatile stock making up for very tough cases here. carter got us into this thing. so we turn to you. do you see more pain for best buy between now and january expiration sth. >> this is an interesting one. it has been so volatile. the very next day up 22% and now back to below where we started. basically walking away. okay, but it's now back to where we started and worse. >> walk away. what would you do, mike? >> actually i'm not going to sit here and make myself feel good about this trade. this turned out to be pretty lousy and there are a couple of reasons we don't want this an

the best of the best wind up on retail shelves all over the world. >> we have the quirky inventor. >> and the revenue goes back to the community of inventors and creative people who helped us come up with the ideas. >> so many people are trying to harness the crowd and the social media, how do you did that? >> the community helped us every step of the process, choosing the names, the type of product. then when you post your idea on quirky, of course you tell your family to go vote for it. every time you buy a unit off the shelves, a,000 people get paid. >> so what are the most successful products that you can think of. >> one product we love is the pivot power, it was submitted by a student from milwaukee, wisconsin, who needed to create a power strip. we sold close to a million units of it. jake is going to be making probably 4 or $5,000 this year. >> since 2009, quirky's community has developed more than 200 products, available at consumer retailers. what work is done right here in this lab? >> we're doing everything from design, to packaging, photo shoots, everything it takes to br

. >>> so it wasn't quite a best buy. khouw and carter made a bullish bet, but this trade isn't looking so hot. can they execute a successful turn around? find out when we return. >>> time for pump up the volume. names heating up the sizzle index this week. shall i put it on your card? a major player in the direct banking and payment services industry. this week, investors bidding on the stock big time off news the company will be partnering with paypal. and they swiped up calls in week in hopes palling around with ebay will be good for the stock. who is it? the answer when "options as" returns. there's nothing worse than going to the post office and waiting in line. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com, you can print real u.s. postage for all your letters and packages. it gives you the exact amount of postage you need the instant you need it. can you print only stamps? no. first class. priority mail. certified. international. and the mailman picks

best american sprinter, greatest in history. side by side, after he collected the baton, game, set, match. marvelous, but no match for the green and gold. seven points and three steals, 86-50 over france. golf will make its first olympic appearance in 2016. maybe tiger woods will have won another major at that point. gorgeous ocean course. he did not like having a ball get stuck in a tree bother him. woods, tied for first to start the day. only finished seven holes before the rains came and now he is six shots behind. please stay with us. >> tomorrow, we should get a lot more sunshine, lower humidity. a decent day. this week, we will be in the 80's for high temperatures, typical for this time of year. typical for this time of year.

we have got the best colleges, the best universities, the best scientists the best researchers.are a young nation, and we have got the greatest years of the of talent and ingenuity from every corner of the globe, witnessed in this room. it is an example of chicago and an example of what makes this country great. [cheers and applause] so what is holding us back is not the lack of big ideas or good plans. what holds us back is a brand of washington politics that says, "we are not going to compromise, no matter what." it is gridlock and stalemate and dysfunction and there is an idea propagated by the other side that somehow we are going to grow this economy from the top down and that people at the top are doing really, really well so everybody else is going to benefit. now, this kind of top-down economics is central to governor romney and is central to his running mate. just yesterday morning his upon it shows his running mate, the ideological leader of republicans in congress mr. paul ryan. i want to congratulate congressman ryan. i know him. i welcome him to the race. congressman

they get their best. if their parents ever ask, we can learn -- they can say that they learned about the depth of field or the rule of thirds or that the shadows can give a good contrast. some of the things they come up with are fantastic. that is what we're trying to encourage. these kids can bring up the creativity and also the love for photography. >> a lot of people come into my classes and they don't feel like they really are creative and through the process of working and showing them and giving them some tips and ideas. >> this is kind of the best kept secret. you should come on and take a class. we have orientations on most saturdays. this is a really wonderful location and is the real jewel to the community. >> ready to develop your photography skills? the harvey milk photo center focuses on adult classes. and saturday workshops expose youth and adults to photography classes. >> this lodge is home to some of the best fly casting pools in the world. these shallow concrete pools don't have fish. th

now's the best time to switch to life on fios. call the verizon center for customers with disabilities at 800-974-6006 tty/v. >>> in news 4 your health, if you have been inspired by seeing so many amazing athletes compete in the london games over the summer, you may want to check out this team, the washington wet skins, our water polo crew in washington, d.c. players say there's a key skill to this sport. so we asked them what's your workout? >> water polo is a combination of basketball, soccer, maybe a little hockey under the water. the goal is to shoot the ball in the goal from the opposite team. and you're swimming back and forth instead of running down the court. it gets really exhausting because when you're not treading, you're sprinting up and down the pool. hard. it's very tiring, but at the same time it's great exercise, because you're constantly, you know, working your legs. it's a deep pool, so, if you're going to rest, it's when there's a foul or playing defense and someone is not moving. otherwise you're treading water

even his swing today would be viewed as one of the best.and someone like ben hogan who worked unbelievably hard who had his own aura, his own mystique around himself. >> rose: the will to win. >> the will to win. he just, i think he created it around himself and people were scared of him in a way. and then you go on a few years and you have arnold palmer and jack nicklaus and tom watson. they have their own unique stories. arnold was the love of the people and jack came up and challenged him. golf has so many of these great stories and i think that's what makes it just a wonderful game. >> rose: would you change anything about the game? >> i would change a few of the rules about the game, yes. ithnk ses r a golf is, th etiquette of golf is played on honesty and integrity. what happened to peterson at the first hole a couple weeks ago. he wasn't trying to gain any advantage by moving on his back swing but the rules in golf say that by doing that he created a penalty. to me that's not right because he's not trying to gain an advantage. it's a

and best of all, it's aually fun.fitness, the revutionary dance-inspired, total body, fat-burning and musc-sculpting workout that never feels like work because it's so much fun. t it's so effective, an inpendent university study oved zumba fitness burns up to 1,000 calories per hour. in fact, you're aranteed to lose a full dresor pant size in your first 10 days or your money back. male announcer: the secret is a revolutionary training technique called rhythm progression. every move targets your lower body, your abs a core, and ur upper body to deliver a ree-zone fat-melting routine. >> female announcer: best of all, rhythm progression makes zumba routinesast and easy to learn, so you c burn fat and calories rightrom the begiing. >> male nouncer: you'll get started fast witour stepy step dvd. len at your own pace up to 24 of the most popular zumba dance steps. >> female announcer: our exclusive sy beat breakdown technique makes easy for anyone to follow alongnd burn calori while having fun. >> male announcer: plus, wit

>> you are the best. you know what else is the best?ay. ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ ♪ you keep hearing amazing things about verizon fios. blazing fast internet. the best tv picture quality. but you're still sitting on the fence. so they're making it as easy as possible. now, you can switch to fios without an annual contract. they'll even set up your whole home and give you upgraded equipment, free for six months so call or go online today. this is way better than sitting on a fence. [ male announcer ] get the fios triple play now with no annual contract and get everything you need to set up your whole home free for 6 months. now's the best time to switch to life on fios. call the verizon center for customers with disabilities at 800-974-6006 tty/v. >>> 9:56 on this monday, august 6th. kn morning, i'm aaron gilchrist. hope you're ready for a kn dose of that d.c. humidity today. tom kierein is here. >> not going away. much of the week is going to stay steamy and right now a weak cool front that is trying to bring in somewhat l

the best of the best wind up on retail shelves around the world. we have a quirky inventor unanimous. congratulations. 10% of revenue goes back to the community of inventors and creativity people who helped us come up with those ideas. >> so many people are trying to harness the power of crowds, the power of social media. how did you do that? >> the community helps us in every step of the process. they help us choose the color, the name, the material, the finishes of our product. when you post your idea on yi g quirky, of course you'll tell your family and friends. every time you buy one unit of a quirky item off a shelf, a thousand people get paid. >> what are some of the more successful products? >> one we love was submitted by students from milwaukee, wisconsin, who noticed that he couldn't fit all his power bricks into a power strip. he wanted to create an articulating power strip. we sold close to a million units. jake is going to be making probably $400,000 or $500,000 this year. that's our inventor. the community will share about the same. >

i want to own the best.f the things i have learned in my more than 30 years of investing is being able to pick which is better and which is worse. i can teach you and i know you will do it. daniel in texas. >> caller: hey, jim. a baylor bears boo-yah. >> i i want to do the show from there. one day. what's up? >> caller: i was in a real money portfolio management class and one of the tools of the trade was the p.e.g. ratio. specializing in i.t. i started looking at the price to cash flow and price to free cash flow to find the more valuable i.t. stocks. do you think the price to cash flow -- >> i'll tell you. i happen to like the p.e.g. ratio. i look at myself when i'm analyzing and operating cash flow. that's the one thing no one can really jigger. operating cash flow that's growing to me -- and you're a student of business. you know how to look for it -- is a great way to measure a company's worth and its future. with apologies to gordon, greed is not good. you have to lock in profits as stocks go up. you c

best new thing. that does it for us tonight. >>> tripped up. mitt romney wraps up his three nation gaffe-ridden overseas tour. so how will it affect him here at home? >> high ticket high rise. what $100 million can get in in new york city. >> and three's a charm. england's duchess of cambridge is once again crowned best dressed by "vanity fair." good morning, everyone. i'm little berry. this is "first look" on msnbc. >>> and we're going to begin this morning with a tumultuous tour. mitt romney carefully wrapped up the third leg of a european treatment in poland tuesday after bumpy visit to england and israel. he aimed to avoid any more missteps in his efforts to portray himself as a capable commander of foreign affairs. steve hand elsman reports. >> reporter: mitt romney finished his foreign tour in warsaw with a swipe at president obama. >> rather than heeding the false promise of a government-dominated economy, poland sought to stimulate innovation, attract investment, expand trade and live within its means. >> reporter: romney did not mentio

olympic team. >>> tonight, the pride of american maya moore is the best of the best. the u.s. women's team is one game away from winning a gold. i spoke with her before her first olympic appearance. >> maya, there's a fantastic fact about you, which is that espn did a sport science video in which they established that you have a hand speed equivalent, if not faster, than a striking rattlesnake. >> yes. that -- it's been my secret my whole life but they finally discovered that my hands are pretty quick. >> faster than a striking rattlesnake. >> i had no idea. but somehow they measured it. >> you seem to have relatively normal hands to me. >> they seem subtle but then at the right moment -- >> you've always been quick at the draw? >> it's been a skill i've developed over the years. >> quite intimidating for a man. >> intimidating for anyone, i hope. >> boyfriends been able to deal with the rattlesnake hands? >> yeah, i think people once they get to mow me and realize i'm not that dangerous off the court. >> how do you feel right now being the best female basketball play

training, training on the best tracks, the best spikes, the best clothing, the best supplements, all those countries that don't have the same advantages? he can use that argument for a lot of things. your reasoning exactly. the guy doesn't have legs, you know? how is he somehow at a disadvantage? you can't use that argument. there are people that lined up against michael johnson in the first round of the olympics from countries that don't have spikes to share with their athletes, don't have superior training, don't have mondo tracks to train on. aren't they at a disadvantage? isn't michael at an advantage because he lives in one of the most powerful countries in the world and has every advantage given to him? you can't use that example. >> michael had more expensive shoes than the national debt of some of the countries. >> and he trained on the best tracks in the world. i mean, come on. you can't go there. >> well, for the second time this segment, i agree with you completely. let's turn to a more contentious subject, i'm sure, michael phelps has become the greatest statistical medal

i'm going to do my best.coming home with me. >> it would be an amazing end to an incredible story. you have an amazing family, three children. what do they make of what their dad's up to? >> my oldest is carter. he thinks that i live in an airplane because we always go to the airport to fly to, you know, to a shoot and stuff. they don't quite grasp the situation on how big this whole thing is right now. they just know i'm going to london and they want to go with. >> well, you're going to a great city. it's going to be a very exciting time for you. the paraolympic archery competition will be held in london from august 30th to the 5th of september. i wish you all the best. you are one of the most inspiring stories i've had throughout all the coverage of the olympics, the paraolympics and so on. it's an amazing story. i wish you all the very best, and bring back gold to america. >> i appreciate it. thank you so much. >> good to see you. we'll be right back after this break. fore! no matter what small business yo

and affordable care act and he had been defending the current system in america saying that it's the best in the world and i asked him how do you know that and his response was well i have no idea interestingly just a couple days afterwards i was doing some of my work at the united nations and i was looking at the human development report and it dawned on me that the data to compare the united states to other wealthy countries is readily available you can look at it you can see how we're doing and from there you can identify if we're doing better or worse and in the areas we're not doing as well one of the lessons we can learn from other countries so when you do the comparison what you find is overall the united states doesn't do that well on health safety democracy and equality we get some of the lowest rankings for education roughly in the middle but one of the disappointing factors is we used to be one of the best in most of those categories in the case of social mobility you found that america is not the land of opportunity it promises to be as a matter of fact you say countries such

we wish you all the best. business when you have a baby. >> that's right. >>> it's all starting to add up for danica mckellar. >>> she played winnie cooper in the wonder years and grew up to be a math genius, graduating summa cum laude from ucla and she wants girls everywhere to know that math is not just for boys. her new book is called girls get curves, and she's here showing off her beautiful curves here today. >> thank you so much. >> so good to see you. this is your fourth book and they're doing well. >> i guess amazing response from girls like you've changed my life, my outlook on math, i feel good, i feel smart. the best. >> did you always love math or was there somebody in your life that mentored you? >> i struggled in middle school actually. >> so that gives people hope. >> totally. i had a great teacher. and math is a foreign language and it's all about the presentation, it's all how it's translated. so i had a teacher in the seventh grade who did a great job of translating it and making it fun and n