chuck dolan is another one. >> he's the founder of cable vision. perhaps he's the person who started a.m.c. and started bravo which we operated for some time before we sold it. he's the person who started the regional news business, new york one here in new york. and a whole host of them. he's the person who started the regional sports business which is the subject of today's wall street journal cover story about competition and price. he's probably the original, one of the most original he and jim the most original thinkers, the most audacious. i think and risk taking. group around in the cable business certainly among them. >> charlie: and at the same time has that quiet demeanor. that sense of almost humility too. >> absolute gentleman. absolute gentleman. >> charlie: what happens to satellite television? i mean by that direct tv and dish tv. >> yeah. charlie: because charlie is trying to buy all the spectrum he can find. >> what are the limitations of satellite television. >> i hope i have enough information to be daing you arous. >> charlie: y

chuck dolan has an opportunity, maria, to take cablevision at 18.50 a share and put that into time warnerable, cluster up new york, and then have malone with rutledge do something. it's a lot of interesting dynamics -- >> interesting characters. look, i know you're a stock picker. mario, what do you think about the market? we're still waiting on this great rotation, all of the money that came out of bonds -- >> it's happening, maria. we see it now. we see it now with individuals through their intermediaries, the investor/advisor is saying, listen, the bond is 2.60, going to 3, 3.25, and at some point, the t-bill -- the 30-day goes up, so we've got to move you into equities, start off with a baby step like training wheels and utilities, and that's how to run. but they'll do other things over time. and not only that, why did warren buffett buy heinz? he bought it in part because he wants a cash-generating business that will be inflation indexed and he can maintain the multiple on his exit strategy down the road. there's a lot of reasons to preserve capital by owning equities. at the same ti