which to buy, which to avoid joining us now is cnbc contributor ken squire, founder and president ofm so excited for this. i can't even tell you. >> thank you for having me, kelly. >> in a market where no one knows what to do with equities, this is a great different way to think about opportunity and stocks, just like the hedge fund chat we were just having let's start with your bail, we'll reverse the order here a little bit and your bail obviously, well, maybe not obviously is disney. why? why wouldn't you want to jump this alongside nelson peltz? >> not because i don't think disney is a great company, not because i don't think bob iger is a great ceo and not because i don't believe nelson peltz can create tremendous value there as a director the company is about to embark on a costly and disruptive proxy fight. and it is just no reason to own the stock during that period after the fight is over, i would certainly reexplore it if he gets on the board, a buy at that pint. >> if he does succeed, you would jump in alongside? >> yes. >> i'm sure plenty of people agree with you about th

. >> here's what ken squire follows this closely in terms of anybody in activist activity he pucklishedme on-air with the following a strong board ceo who's a short-term ceo should not have a problem with an experienced shareholder in the room that might have an unpopular opinion, they should welcome it he has a track record of creating value through operational strategic and allocation decisions he will be the most prepared and valuable board member when it comes to doing the financial analysis on the various strategic and capital allocation opportunities available to the company. shareholder, where are you voting >> that's a convincing argument. and mr. peltz's session with david faber today was also convincing what would i like? i would like mr. iger and mr. parker to invite mr. peltz on the board. the idea of a proxy fight is exactly what this company does not need right now this is execution phase. i want them executing driving the profitability and screening and making sure they continue to come back to the parks even as headwinds may or may not arise economically this year i want