>> we do it via sir isaac newton. tom: ok. going 17th century. >> indeed.ame up with the first set of golden roles for managing monetary policy. tom: very cool. the one volume one isaac newton is worth reading. here is a quote from "simple rules." i love this. i love the idea of thinking in chunks. discussed that. >> we are getting a lot of information all the time. how do we parse that information? what can we afford to ignore? simple rules draw boundaries. ignore, ignore, ignore. within this boundary, we focus, we prioritize. olivia: what is the connection with tina fey, bees, and burglars? >> they all use simple rules. tina fey learned from "saturday night live." she used those on "30 rock." olivia: what are simple rules for investors? >> the types of rules. one type of rule would be a timing rule. you are talking about brazil today. a big resilient conglomerate has a role they have used for years. tom: let's bring in michael. he is dying for simple rules for the federal reserve area. if anything, they have gone to more complexity. it is a most like the

china sends a jolting reminder of sir isaac newton's more than 400-year-old observation, what goes up must come down. cautioning investors that stock prices don't go up forever. david is here. they really don't. david: you have 452, the number of days without seeing a significant correction. late on friday after the markets brother sent out two things. down one they shut source of borrowing to buy out equities. basically clamping down on another avenue that people can use to leverage up. him --talking about the about the umbrella trust. it basically allowed investors previously to take on a debt and fuel more returns. that works out as the market continues to go up area as the market goes down it may be a problem. they are making easier to get against a falling market they are making it easier to take short positions. they've expanded the number of stocks that you can short. and hundred 8%. want to inegulars do -- do want to educate investor. not only do you have the amount of debt that is being used to , this year we saw an unprecedented number of new brokerage accounts. there are a

happy birthday, isaac newton." it turns out people assign very special value to december 25 and he heard an earful about that, but to your question, any tweets that we or others regret -- he certainly was unapologetic in having made that. you know, i think, again, people are provocative in their lives. he is certainly a provocative member of our society, and i think he is probably just as provocative now as he was before twitter, it is just that we all get to experience it along with him. those types of behaviors, i love seeing. dean lyons: that is part of why the university is such an exciting place. the marketplace for ideas is open, and that is why we love it here so much. gabriel, thank you very much for being here today. gabriel: thank you for having me. [applause] dean lyons: thank you you all for being here. >> retired professional golfer jack nicholas was awarded the congressional gold medal recognized for his public service during a ceremony on capitol hill that included family, friends and congressional l

hey, look i was going to go with the isaac newton thing. what goes up must come down. but this sell-off i don't know. seems like it's more biblical than newtonian. because in science only the apple takes the fall. here everything that went up seems to be going down. so why don't we offer some perspective, explain why this apple is so important to the entire market which does feel on very shaky ground. if you own stocks, you own them because you want them to report numbers. both top line revenues and bottom line profits that are better than expected. the analyst numbers. you want the sales to be global and promising. the earnings to be thick with expanding gross margins. then you want analysts to guide the estimates higher because in biblical terms that's the holy grail of higher stock prices. you want stocks to really get rockin'? throw in a big juicy dividend boost and an awesome buy back expansion. so what happened with apple? it did all of those things and yet since the quarter the stock has now plummeted almost ten points in a straight line. now, let's make this ap

than three centuries ago sir isaac newton documented a certain observation. must come down.se authorities are reminding investors they are governed by a similar dynamic. closest you would have is if you look at the chart of the shanghai composite, i think we are down today, but we are seeing over 450 days without the shanghai composite seeing a correction of 10%. today.down after the markets closed, two things. they are coming up with announcements. they are shutting down one avenue by which investors use to be able to leverage further. rishaad: it's a weird one. you had the cut the next day. are these people talking to each other? david: some of the pundits. it's wordy want the money to go. gets -- it'ss where do you want the money to go. it is close to $200 billion. ,ust this year record amounts so a lot of new traders out there. people for the first time trading in the stock market. our guests are not so familiar with trading. >> david, thank you. pay $52e until today to million or become the first chinese real estate company to default. corporate finance has been trackin

happy birthday, isaac newton." it turns out people assign very special value to december 25 and he heard an earful about that, but to your question, any tweets that we or others regret -- he certainly was unapologetic in having made that. you know, i think, again, people are provocative in their lives. he is certainly a provocative member of our society, and i think he is probably just as provocative now as he was before twitter, it is just that we all get to experience it along with him. those types of behaviors, i love seeing. dean lyons: that is part of why the university is such an exciting place. the marketplace for ideas is open, and that is why we love it here so much. gabriel, thank you very much for being here today. gabriel: thank you for having me. [applause] dean lyons: thank you you all for being here. [captions copyright national cable satellite corp. 2015] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] >> we are

and plants and everything else, and that was the enlightenment that period in which after sir isaac newton and others the laws of science and the laws of statecraft and the laws of how you lived your life came together and i think the two great icons of the enlightenment in america are ben franklin and his protege, thomas jefferson. one big difference though, jefferson writes the first draft of the declaration, but there's a committee to help him out. maybe the last time congress created a good committee. it has ben franklin and john adams and thomas jefferson on it. jefferson writes we hold these truths to be sacred. franklin says self-evident. this notion of science, that there's certain logical ways that our rights come from raggality rid and reason not a religion, you see john odd dams says endowed by the createar so her to balancing the role of divine providence with the role of rationality and reason in creating our nation and this to me is sort of -- you can just see the minds of benjamin franklin and thomas jefferson working. >> host: ben franklin's epithet he wrote himself the bod

. >> it's a very exciting demonstration of newton's laws. >> sir isaac would be proud. we've got another camera angle showing that the terrifying tumble is, in fact, legit. the stunt gone wrong is performed by base jumper richard henrik son for the norwegian television show "normal madness." >> a lot of viral videos speak to our deepest instincts of wanting to see something but almost wincing or peaking between our fingers. i think any video that taps into that can be powerful viewing. >> have no fear, that other angle reveals henrik sen surviving the nearly 4,000-foot fall. luckily, he keeps his composure, opens his parachute, and lands with barely a scratch. it would have been much worse. henrik sen's head comes within inches of slamming into the rock face. and seconds later, the apparatus comes crashing down, narrowly missing the base jumper. >> after this they probably had a talk about what we could have done differently. people make mistakes, but this is a big mistake. >> you don't have to be on a mountainside to risk life and limb. you can be in your own bedroom.