do you have any concerns there about the performance of andreessen horowitz? >> we don't have any specific concerns. we see the number. they have delivered very good returns over the course of the firm's life partly because they have been able to invest in some of the elite companies, so we are bullish on them. when they entered the venture capital game, they changed the dynamic by offering recruiting, pr, and the sales pipeline by introducing strategics to companies. on a daily basis, they will bring fortune 500 companies to meet portfolio companies. for a number of them those introductions have become a significant portion of their sales pipeline. that is a game changer. we hear that over and over again. we have been very pleased. they have had great returns and invested in some iconic companies and are changing the

and this poor man, i don't mean horowitz, i mean the man who let -- led mrs. horowitz and myself, and my husband, to some chairs on the edge of the stage -- i remember mrs. horowitz and i, i was saying, you first, and she was saying, you first. finally, i went first. thank heavens. because i was on the edge. well the poor man had put the chair too close to the edge. all i did was -- that. that is all i did. and all of a sudden, i'm over on the floor. [laughter] and i thought i did it rather gracefully, actually. [laughter] and my husband got up and said, i told you not to do that unless it wasn't going well. [laughter] [applause] i said, i thought i would just liven things up. as it happened, he saved my life, horowitz. then i will tell you one more. this is the topper. i woke up -- i was going someplace that day for a drug event, i'm sure, and in the middle of the night, my filling fell out of my tooth. this is one of the advantages of being in the white house. you can get a dentist right away. like you can get a plumber to come to the white house. so he came

man, i don't mean horowitz, i mean the man who let mrs. horowitz and myself, and my husband, to some chairs on the rememberhe stage -- i mrs. horowitz and i, i was saying, you first, and she was saying, you first. finally, i went first. thank heavens. because i was on the edge. the poor man had put the chair too close to the edge. all i did was -- that. that is all i did. , i'm over onsudden the floor. [laughter] ms. reagan: and i thought i did it rather gracefully, actually. [laughter] ms. reagan: and my husband got up and said, i told you not to do that unless it wasn't going well. [laughter] [applause] ms. reagan: i said, i thought i would just liven things up. as it happened, he saved my life, horowitz. then i will tell you one more. this is the topper. i woke up -- i was going someplace that day for a drug sure, and in the middle of the night, my filling fell out of my tooth. this is one of the advantages of being in the white house. you can get a dentist right away. like you can get a plumber to come to the white house. so you came a

horowitz himself returned to work just two days after the birth of his daughter in june. we have an employee who will in three months and will not be able to have paid leave because we don't have the financial resources to make that happen right now. >> reporter: so key for you is that this functions as an insurance policy. >> absolutely. being part of a larger pool and working with all the other small businesses and having all that money be administered by the city would be very helpful for us. >> reporter: so pleasant pops pays a small tax into the pool, like all the other firms in the city. and in return it's insured, so it can draw from the pool to cover its costs if its employees need family leave. but economist holzer worries other firms will be discouraged from employing low-income workers if they think they'd be the most likely to take paid leave. >> they could simply cut back on less educated young women in the childbearing age and just replace them with other employees. they would presumably try to hire employees who would take less leave. so, for instance, youn

man horowitz and myself and my the -- to some chairs on the edge of the stage, i horowitz and i, i was you first, she was you first. finally, i went first. heaven. i was on the edge, the poor man to put the chair to close sat.dge and all i did was that's all i it. i'm over on sudden, and i thought i did it graceful ly. said -- d [laughter] [applause] >> i said, i thought i would liven things up. saved my ened, he life, horowitz because of this. this is a tough one. going, i was were and in the lace middle of the night, my filling of my tooth. this is one of the advantages of house, you e white can get a dentist right away to come to the white house, like a plumber to come to the white house. he came at the crack of down, we the thing back in. meeting before lady who d with this we were trying to convince to do for the white house, and i had on a blouse and a wrap-around skirt. leave and i p to got up to shake hands with her her -- [laughter] >> you're ahead of me. skirt is down by my feet and my standing there in pantyhose and my blouse. we ever got whether the money for it. probably n

. >> and recent horowitz is one fund that made a big splash, some controversy about how their returns so far. do you have any concerns there are about the performance of andries and horowitz. >> they have delivered very good returns over the course of the firm's life partly because they have been able to invest in some of the elite companies, so we are bullish on them. when they entered the venture capital game, they change the dynamic by offering recruiting, pr, and the sales pipeline by introducing strategics to companies. on a daily basis, they will fortune 500 companies to meet portfolio companies. that is a game changer. we hear that over and over again. and have had great returns invested in some iconic companies and are changing the way venture capitalists operate, and you're seeing other firms mimic these services. towhich then turn funds invest in and how they compare. venture capital and growth equity, particularly technology and some health care. when we look at venture capital firms, we are modeling five x plus. a number of our managers have delivered three x net funds to

todd horowitz, mike murphy. 20,000 on the dow is 126 points away. that's it.re we going to hit it today? i've gone around the block on this one. mike murphy, 20,000 today, yes or no? >> tomorrow, tomorrow, i'll take tomorrow. steve cortez? >> i don't know if we'll hit it today. we'll hit it before christmas. it's not just the policies that have changed. it's that the mentality has changed anthes important to the animal spirits. >> lizzie. liz: we hit it tomorrow, after the fed raises rates they'll see it. stuart: ashley webster. ashley: i'll say today. stuart: todd horowitz in chicago shall freezing cold, i'm sure, 20k today? >> possibly today. but maybe, they've got a good chance. it's thin they're going to run it. they'll give it a run, whether they make it will be the other question. stuart: okay. look at the stocks on your screen. these are the big winners ng mo the 30 dow stocks. all of them are up and boeing in particular, we've got a story on that, pfizer, merck, they're up. more dow winners, goldman sachs, they've got their third top guy into the top j

kathy horowitz was out shopping. it is hard work because it is for eight days of presents. >> he has a big beard. so yeah, he is going to be surprised unless he sees your news show. [ laughter ] >> she returned it. >> reporter: father mike jacobs says there is one more thing to do. >> probably start eating soon. what do you think? >> festive, evan with wusa9. >>> a few spots where you might be able to pick up something. cbs says they are open from 10:00 a.m. to 8:00 p.m. most walgreens are open from 8:00 a.m. to 10:00 p.m. 24/7 locations are open all night and most 7/11s are open 24/7, christmas included. that's all you got really. should have gone to the mall. >>> a group of volunteers demonstrated the true spirit of christmas during the ninth annual love for all christmas eve project. they made their way to downtown washington where they handed out food, clothing, and other essential items to the homeless. each christmas box with 29 items from food to toiletries to other things needed to survive on the streets like

in ason horowitz, one fund particular that made a big splash, there is controversy about how good their have been so far. do you have any concerns there about the performances? >> we don't have any significant concerns. we see the numbers. they delivered very good returns course of the firm's life partly because they have some of to invest in the elite companies i just mentioned. we're very bullish on them. when they entered the develop capital game, they changed the dynamic but offering recruiting, as p.r. and sales pipeline by introducing strategics to companies. daily basis, they'll fortune 50 ands, 500 companies and for a number of them, the introductions are a portion of their sales pipeline. as you talk to entrepreneurs, that's a game changer. over and over again. overall we are very pleased, in t returns and investing some of the iconic companies and changing the way venture capitalists operate. firms are mimicking the types of services their offering. >> until you decide which funds to invest in and how venture compares to the other sectors that you're on?used >> we invest in a

todd horowitz, you have something to say on that was the president says if it was him what a major slap to hillary clinton. he said i would have won it. what say you? >> he possibly could have won it but i think he is on fantasy island with no idea what is going on around him. he might have happened to win, those who don't know what they are voting for but at the end of the day, he has no chance. ashley: would you agree? >> more or less, talk is cheap, don't knowh the purpose behind this would be but the odds were against him, the promise with obamacare and regulation and taxation. ashley: he seems to be in denial. we look out anemic the economic growth of this country has been, the fact that thousand democratic seats on the state and federal level have been lost to the republicans but obamacare has been an abject failure, foreign policy has gone nowhere, we sat on the sidelines and let other countries take the initiative. here he is saying i could have beaten him if i was running for a third term, major slap to hillary clinton no doubt but does that speak to the arrogance of the man? >

stream lines federal regulatory process, more projects could move forward according to raymond james, horowitzillions of dollars waiting to be unleashed including on line three replacement and northern leg of keystone which trans canada says it is potentially looking to revive. second, policies that promote oil and gas drilling would drive up transportation demand. third, got the cabinet appointments most notably for energy, interior, doj, many of whom do have energy backgrounds. factor in recent opec, energy infrastructure could thrive. keep in mind, kelly, there's still risks. if energy prices fall, pipeline volumes, key metric. a more streamlined approach would usher in new projects, they are still going to be subject to state and local rules, the issue with line three right now in the u.s. of course there are these protests and lawsuits much like we have seen with dakota access. >> yeah, but even rex tillerson, this administration would be keen to promote the sector not necessarily to prevent its progress. thank you, morgan. appreciate it. >>> amazon announcing amazon go score grabbing ite

adam shapiro, todd horowitz, mike murphy and welcome back, ed butowsky.resident trump tweeting, the new air force one way over 4 billion at boeing, cancel the order he says. the stock is down a little bit. cancel the order, that's from trump first thing this morning. mike murphy, that's got not much to the stock price, but the president-elect looking at the-- . >> it's a multi-billion dollar company, but having a businessman in washington, this is what the people who elected mr. trump were looking for, someone who is going to look after their taxpayer dollars as if it were their own. i think the symbolism here on the heels of the carrier news, i think it's positive. stuart: ed butowsky you have to like it? >> we have to cut waste out of the budget. so many examples how we can cut waste and this is symbolic, the stock will move up and down and we need to cut waste across the board in the country. stuart: before we go further. you looked up the cost of the current air force one. >> right, there were actually two. there's always two with the order. it was $3