let's get to fred in ohio. fred >> caller: jim, i understand that when a company buys back stock it can retire the shares or hold them in inventory. my question is, does it make a difference to us in evaluating a stock and a buyback which approach the company is taking and how do we find out which the company is doing >> well, i mean, what we do -- a true buyback is what we call a crunch in the stock and when they crunch the stock, you're fine if you're buying the stock and selling it again that would be something i wouldn't want to be in what you need to know is if it's crunched, it's a buy carlos in missouri, carlos. >> caller: big bad booyah from southwest missouri, jim. long time fan. >> i like that what's happening. >> caller: my question today is about fundamental investing. with all the micro trading and the algorithm trading and what not, do you think that is going to go away, investing on the fundamentals >> we have started to see periods of time where best-of-breed stocks is doing much better than a wo

roots first fred davis is proud of the soybeans he crows on his farm in ohio it's been a good business a high demand has made so i've been small profitable then other crops so the soybean is raised for the protein side and then when it's crushed is what they call it when it's manufactured. it has. the. oil that comes out of it which we can use for it mcdonald's for frying french fries or we actually run our tractors on it because we use biodiesel. soybeans corn wheat threats davis manages his farm together with his stepson and like many farmers here he relies on foreign markets for his business china buys roughly sixty percent of all u.s. soybean exports therefore davis says he's worried about the trade dispute with china. and that's what hurts is the american farmer because we've developed the. trade with china that it's taking the three twenty years to build because actually twenty years ago they exported soybeans and now they're our largest customer the import soybeans they import about fourteen billion dollars worth of floyd beans a year. falling prices eroding market share is some

fred davis is proud of the soybeans he crows on his farm in ohio it's been a good business the high demand has made so i've been smaller profitable than other crops. so the soybean is raised for the protein side and then when it's crushed is what they call it when it's manufactured it has. the. oil that comes out of it which we can use for a mcdonald's for frying french fries or we actually run our tractors on it because we use biodiesel. soybeans corn wheat french davis manages his farm together with his stepson and like many farmers here he relies on foreign markets for his business china buys roughly sixty percent of all u.s. soybean exports therefore davis says he's worried about the trade dispute with china. and that's what hurts us is the american farmer because we've developed this this trade with china that it's taking the twenty years the build because actually twenty years ago they exported soybeans and now there are largest customer the import soybeans they import about fourteen billion dollars worth of soybeans a year. falling prices eroding market share is sometimes a rumor it

in a north korean prison. he died six days later. he was only 22 years old. ohio's senator rob portman worked for 18 long months to bring otto home. senator, good morning. how are frede parents. i know you are close with them. >> it's tough. i think they would say they are pleased that the hostages were released. but it's tough to see those hostages coming home and knowing their son came home as you said in vegetative state. and that for 16 months the north koreans were lying to us about his situation. we were not hearing from him. we were not able to get consular visits. we were concerned about his health but they said he was fine. then 16 months after he had gone into effectively a vegetative state, coma like state he was as they said not waking up. it shows you, bill, the evil nature of the regime in my view and it shows you that we have to be careful as we negotiate with them. i hopeful it will work. we need direct negotiations. >> bill: you said you want direct dialogue. >> i do. >> bill: we have it now and mike pompeo is making news a moment ago. you may be aware of this. you may be hearing this for the first time. but he is saying to expect denuclearization p