for all that ge under jack welch was viewed as a seedbed of corporate managers, i'm not sure the heirs of jack, not only his successor and others he went to other companies did as well as one might have expected and certainly the successors who are groomed within ge were unable to keep the company at the top of the corporate pyramid. we used to talk but how general electric was the only company that was an original member of the dow jones industrial average in 1896 to still be a member in 2018, though there was one brief time went it dropped out in the early 20th century but that era ended in 2018 in favor of walgreens. none of the successors came close to serving the 20 years he did and i'm not sure any of the groomed would be ceos who went elsewhere were at the top of their companies for two decades. is it fair to say the c suite blood got thin or what do you think would account for this phenomenon? >> i think the selection of ceo is literally the most important thing. the successor ceo is literally the most important thing the current ceo can do. it is remarkable to me how often we

my parents came to this country when my dad was about to lose his job at ge when jack welch's tenuret ohio, they did not have the kind of help that we have our support that we have. their parents were in a foreign country and each of our parents are involved helping us these kids especially on the campaign trail and otherwise. what we learn from our parents as my dad went through his version of hardship. both my parents did, but he got ahead and around it back to law school at night for four years and ended up keeping his job that way because that's where there were job openings. hardship is not the same thing as victimhood. hardship is something that happens to you. victimhood is a choice. [applause] when people asked us how difficult it is, this is not -- i mean in a logistical sense it can be difficult at times, but this is not difficult. this is an honor. this is a true privilege actually to be able to aim to serve this country in this way and to be able to do it racing while young -- raising two young sons and apoorva and dust following our passions. that is the american dream.

jack welch. >> that was a mistake.e are losers. we're trying to keep continuity, making sure that we have a management team that is ready to run in and become bretter than what i have done. liz: you wouldn't be that guy like eiger, i will come back, i will come back and save the day? >> that would be a disaster. liz: why? >> because you know what? i want the next team to be better than me. liz: see very few, ceos say that but then they get annoyed when their successors -- >> i'm a founder. >> that's right. you created this thing. >> i want us to do so much better. >> look what happened at goldman. if you don't want to answer it i won't bust your chops. >> i'm not going to answer it. >> give-and-take between lloyd blankfein the former is ceo, current guy, solomon. lloyd going around saying he doesn't like david -- >> i will not be doing that. whatever that may be. >> wait a second. >> i hope i will be, you know enjoying my grandchildren. >> you will be. >> but, but i need to ask you, is that guy getting a bad rap, not y

okay because it makes me feel like we're playing -- >> they've always liked us jack welch liked us tooke andy reid when i listen to him. >> all right, can we move on now? chipotle, you had the ceo on last night >> let's talk about that >> let's get to some other earnings movers this morning >> he'sre's the problem with chipotle the stock has been up giantly. there was a belief they were going to be able to raise numbers gigantically, they didn't do it because brian a nichol doesn't play that way i just thought, in the end, it was just the business as usual, great number from chipotle, with the addition of making franchise -- >> what do you mean, great number stock is down 8% what are you talking about >> what am i talking about i'm talking about people don't know what they're doing. i've been behind this stock since it was $300. what are these clowns who are selling given you? >> you're not worried at all no concern >> i said at $300, you should buy the stock and it's going to go to $2,000 i've got to tell you, if they bothered to listen to the interview, they would know as business as