remember back in the late ninety's when it was at less than $10.00 a share adjusted for splits michael dell of dell computer recommended that steve jobs quit the computer business in that he was no good at it and nobody wanted to buy the stock under $20.00 now everybody wants to buy the stock at $1.00 trillion dollars valuation you know it's it's contrarianism versus the blindingly obvious you know warren buffett pursues the blindingly obvious every a lot of people are like hedge funds are contrary and tend to underperform even. a simple vanguard type s. and p. tracking fund well we're going to look at a chart of apple going back 39 years this is it right here is the dot com bubble little tiny blip down there this is the 2008 crash. and as you see it's gone. since then the fed money printing has done well for them i guess also the powerful state department introducing intellectual property laws and things like that around the world has done well but it's hard to see on this chart but it's definitely going parabolic this year based on that long term 39 year chart right you know going back to

but it's being run by adam dell who is actually the brother of michael dell so that families had a history of success and when it comes to goldman sachs i don't think it's a near term success story i think this will play out over time but they're like. someone you just don't bet against because they find a way to win that's always been goldman sachs' reputation they make good relationships they win so they're never a company i would bet against but i don't see this as immediate gratification i think this is something that will take time to build and for people to feel comfortable with now let's turn over to the new i.p.o. market this year casper slate the mattress company is now filing for an i.p.o. and its founder philip is apparently obsessed with getting a $1000000000.00 valuation now recently with a look at the comps like time for the sealy and sort of simmons all that valuations have plummeted in recent years and the street is no longer being friendly towards the cash burning profitable silicon valley startups so what makes them think that they're different from any of the other we wo

matt: we know the complaints of famous cases like michael dell, who want to get out of the quarterly and focus on growth. but i wonder if private investors aren't even more active than public investors. do private investors tend to take a more active role in your experience? isabelle: they do. you are absolutely right. in terms of direct investments, people tend to be active. we have a very different pool of private capital. bringdifferent pools different skill sets to the table and different ways of being active. anna: one area where we have seen a lot talk about activism is esg, and in particular, the climate, the environment. do you think markets have to be less concerned about that given maybe less scrutiny in the public space versus the public? or will it preoccupy thinking in those boardrooms as well? isabelle: i do not think there will be less because i think it is a very exciting trend. if you look at the way that government regulation is progressing in that space and in the shifting consumer trends, that trend is here to stay. if you look at the wayit is oneg growth opportun

and they will setting records more n dell mikes and beach itself began it's going to take a lot of money to win. >> sandra: you know who else is doing okay? michael. for himself. he's a multibillionaire. he now reportedly is planning to spend $2 billion to be president trump. >> i don't know why he stops at one or 2 billion. what the limit? 's probably the thing he wants more than anything else the world. he would like to see himself president but he would like to see president trump out. i'm shocked he put even a $2 billion cap on it. i can't google anything right now associated with politics without bloomberg ads popping up for. that is just on the internet. you can't watch tv now would not see an ad. we will see if you can literally buy an election. this will be the litmus test. >> sandra: elizabeth warren responded to that. >> you are that nominee. do you want his help, do you want to support? >> no, no. michael bloomberg wants to come in on issues, good for him. he wants to put money into getting a democrat elected. good for him. but understand this -- i do not sell access to my time. speed that's where she stands. >> we will see. a lot of p