we have a chance here to sit down with the company's chairman john malone.w with liberty's ceo greg maffei in which we were discussing the proliferation of content, the enormous amounts being spent by netflix, disney, amazon and warner to amass content for their direct to consumer platforms. maffei says it may have years to go in terms of these inflated prices i did ask mr. malone as well, when he thinks things will start to ractionalize. >> i think that the number of people trying to do scripted programming on a global basis and buying this content away from each other will thin out as some people make it and some don't. at some point some of the players are going to look at the numbers and they're going to say, you know, we no longer have belief that if we -- that hail mary passes are going to keep working. read, you know, who has been -- >> reed hastings. >> yeah, he has been throwing hail mary passes since he started, right, and it's worked for him. now he has a budget that's huge, bigger than anybody else's over time he will have to -- he will have to t

elon musk loves to crack the pick up market john malone has warning for hbo. and lee nonardo dapicrio won't an oscar for his latest venture. it's all comeing up on the exchange okerage account. with value like this, there are zero reasons to invest anywhere else. fidelity. >>> let's catch you up on a few stories that should be on your radar. time for rapid fire and here with their takes, bill griffith, rahel solomon and robert frank >> can we talk about what we were talk iing about before >> the attire? >> frosted tips on your hair >> if you want to weigh in, there's been a suggestion here that i frost my hair and put tips >> or at least some streaks. come on. >> we'll see what the twitter verse says about this. first up, guys, a bit of contradiction from apple's ceo, tim cook cook telling abc news yesterday he does not believe in lobbyists, preferring direct conversations instead. however, since 2017, the company has reportedly spins $18 billion on you guessed it, lobbying. that seems like a lot. >> you see there's video from yesterday? you see that >> i did

bloomberg if that was a possibility and made it clear he's not a supporter of president trump to john malonee not alone i heard from a lot of people who watched the entire hour and eight minute interview, annual interview with john malone, of course so many things we don't show you on air that if you are really interested in the changing landscape in terms of how content is distributed here and around the world and who the winners and losers will be and how things change, i certainly recommend listening to it. and in fact, you know what, i did want to come to a couple of things i thought we would highlight again because, you know, charter has been a great stock this year. over $100 billion market cap company. i had the opportunity to talk to malone about it. as they're a very large shareholder at liberty and tom rutledge, the company's ceo. this idea being, and we talked about it, jim, that if you shut down the video business, you actually make more money here's what malone had to say in terms of explaining why that might be the case, and then you listen to rutledge respond >> it has been so

you know who that would disappoint john malone. >> john malone >> he's all about scale. >> he's fascinatedscale. great international business fascinated >> i know. i don't have scale >> eric bakebaker, by the way -- >> they ran it on -- what was on a youtube station? >> i don't know. i relistened i listened to it. >> i read the transcript very powerful. >> good. it was >> savaged half the companies there are. >> eric baker, viag ogo ceo going to join us. >> how did you get him >> i had nothing to do -- >> schwab td ameritrade, that deal valued at $26 billion becky quick reported last week, both say the combination is projected to serve 24 million brokerage accounts, $5 trillion in client assets and a pretty granular look at what they do with real estate and branding and, of course, management teams. >> wow had to happen. i don't think -- i was with some people in the brokerage business last week. they all keep saying the same thing. how -- it is almost like butch cassidy and the sun dance kid. who are those guys schwab they turned out to be -- it turned out to be asset gathering is number

by the way, we'll talk about the different issues with john malone tomorrow.al interview with mr. malone, of course, the chairman of liberty media and a whole cast of others as well on liberty's big analyst or investor day you can take a look at some of people i'll be speaking to led off by mr. malone, who i always look forward to speaking to >> david, last year discovery went up $10 after that interview. could you please do that to viacom you get into -- >> discovery is up this week in part because he did -- he did buy 2.67 million shares on monday sold some -- i want to find out about discovery, as well, which had a good week on part on the purchase by malone >> all right, guys early session lows, dow down 66. let's get to bob good morning, bob. >> 2 to 1 declining to advancing stocks tariff and trade, very narrow trading range. this has been going on for a while now. sectors and consumer staples, defensive group leading. the only reason consumer discretionary is up because target and lowe's is pushing them higher. most are down. utilities flattish semis pre

david faber is there talking to just about everybody highlights from a sit down with john malone in ae. - [spokesman] if you've tried college but never finished, (group cheering) snhu lets you transfer up to 90 credits toward you bachelor's degree. - [woman] it doesn't matter how old you are, you can do it, you can finish. - [spokesman] finish your degree at snhu.edu woi felt completely helpless.hed online. my entire career and business were in jeopardy. i called reputation defender. vo: take control of your online reputation. get your free reputation report card at reputationdefender.com. find out your online reputation today and let the experts help you repair it. woman: they were able to restore my good name. vo: visit reputationdefender.com or call 1-877-866-8555. >>> david faber sitting down with david malone at investor day. he joins us with highlights from the conversation this is where it gets interesting, right, david? >> yeah. we jump all over the place as you well know, carl. big picture down to the nitty-gritty liberty has its hand in so many things as does malone. charter

. >> why no we don't -- interactive home security, no it's too rife with competition, john malone toldn unbelievable interview with david fake. >> we like monopolies. they don't have one. trudy, where my daughter used to live, oregon trudy? >> hi, jim thank you so much for helping us all. we love you. >> oh, my, thank you >> caller: my question is about a very rare disease called ee ee eossinophilic which my husband suffers from there is a drug that presented by the name of allk, and it is roaring. you tell me if it's too late to buy in >> no, i can't i've got to do work. you obviously know far more than i do if i cuff it, i will regret it we promise the come back we've got a little homework to do and one of it will be yours cesar in new jersey, cesar >> caller: hole lab, mr. cramer! >> what's shaking? >> caller: thank you so much for taking my call first horizon national >> i think it's terrific we've been liking it for ages. started liking it around 11. gone up to 16. i think should it go to 18 i think bryan jordan, where are they banking these guys are banking in the wealthiest area

. >> yes, i have john malone and david zaz. >> okay.while we go to bob miss seen, get mar of what's going on >> happy thursday. once again just like thursday, the dow just went positively briefly, you take a look at the sectors here, mostly cyclical's weak at the open so transports, banks, semi conductors are down. retail is up wal-mart had a good print. it's brigg up the retailers, the xrt, retail etf. walmart there that's a historic high, folks, there it is, good numbers, 3.2%, u.s. comps. that's a very good number as well, even though the xrt, the retail etf is up nicely, don't kid yourself, it's bifurcated. there is a small group of winners at the top we know who they are, toorth target thieves are not typos. walmart 33, amazon 17. it's a small group there's a few others,ing lululemon, maybe a couple other ones out there by and large, a small group of winners and losers right now it's easy to figure out why. there is a high cost of business out there we have been talking about this for years, view and convenience is what the consume