. >>> kodi is taking aol conng steak until kylie jenner'snd make-upkin care business.hey're paying $600 million for a 51% stake, which means that jenner's 4-year-old company is already worth $1.2 billion. kodi is looking to t int her large social media subscribers. >>> 19 is going down as another bad year forstockpicke stockpickers only three of the top 20 active mutualunds in the u.s. are beating the market this year are youetter off investing in passively managed index funds or not? >> good to see you again, welcome back. >> good to be with you. >> theunds continue to strugg. it's not just because they're picking the wrong stocks, thehe have fees involved, so they have to perform even better than those indexn' funds, they? >> that's right. the average mutual fund charges about 1% for its fee, which is the index which is free. you can getanard or i shares for just pennies on the dollar. actively managed fods have perform even better. we have a strong market. we're up more than 20%. many of these mutual funds are doing well, they're just not doing well enough. >> i kno

of the cardassian general clan is selling a majority stake in our beauty business kylie cosmetics kodi inc one of the world's largest beauty companies and the largest fragrance companies with brands including rim all o.p.m. marc jacobs and moore has agreed to pay $600000000.00 for a 51 percent stake value the company at $1200000000.00 cody who is sales based on covergirl max factor has been on the decline as it struggles to appeal to the younger demographic will be relying heavily on kylie and her 150000000 followers to lead its creative efforts and communication for kylie this will allow the brand to expand globally and enter new categories outside of the cosmetics kylie still maintains control of kylie skin her skin care line and kylie hair her line of hair extensions she also filed for 16 new trademarks back in may including kylie baby and the use of kylie for spirits liquors wine cocktail mixes nonalcoholic cocktails basis energy drinks beers and smoothies this application also extends to restaurants bars and cocktail lounges in addition to booze the 21 year old billionaire is also