host: we're talking with the lieutenant colonel john nagl.led platoons in desert storm and is an operations officer during iraqi freedom. also, the author of the counter insurgency field manual and lessons learned from vietnam. if you have a question about how an end in afghanistan to work, give us a call. the number to call for our republican line is 202-737-0002. the number to call for our democrat line is 202-737-0001. the number to call for our independent line is 202-628- 0205. if you have some foreign operations questions. one question i'd like to ask, are like to look at the end of your column in "the new york times." you said in counter insurgency, and you would be more likely to succeed if you leave the project somewhat unfinished. explain what you mean by that. guest: chief lawrence, who was an insurgent leader in the first world war said do not try to do too much with your own hands. there will actually succeed better given their culture and their history and understanding of how their own society works. it can be a key to some deg

and then we will be air john nagl on his op-ed piece. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> tomorrow morning, our guests include -- he will look at politics, the economy, and next week's house committee vote. our other guest will discuss his new book. the chairman of the commodity futures trading commission will take questions about the role of his agency. "washington journal" is live on c-span every day at 7:00 a.m. eastern. >> pulitzer prize-winning author traveled the globe to research his new book. he visited places like kenya and kansas. join us on sunday at 6:00 p.m. eastern and later at 7:30 that night. booktv.'s >> david cameron testified on the media. >> this is a little more than 2.5 hours. >> i am today handing down rulings in relation to the application made concerning operation motorman, and in relation to costs. when this inquiry was established last july it was extremely important that it would have the benefit of cross- party support. it is equa

this morning, john nagl discusses the end of military operations in afghanistan. and later, harley geiger

make sure your broker can if a nagle you some shares.ome initial public offerings aren't worth investing in at all. they always try to slip in some klunkers. after they've lulled you into thinking all the deals work, that's when you really get hammered. partially because of the performance of newly public stocks tends to be all over the map and partially because there isn't that much available information about newly public stocks beyond the prospectus, there's a tendency to assume that the success or failure of a given ipo is the factor of luck. wrong. i think you can figure out which ipos are uninvestable and which ones are bad. it's about analysis. it's the kind of homework that professional money managers do. it's the kind of homework i advocate endlessly on the show. i know the pros have it right. i would analyze them the same way back at my old hedge fund. i made a boat load of money by investing in ipos. i want you to know how i did it using the method i lay out in "getting back to even." i think the investment banks that underwri

brian nagle follows the retailer for oppenheimer and joining us. welcome to "squawk box." joining us. do you take any chance this company could be taken private, could be bought out? >> there's always a chance. as we've said a lot in the past, best buy trades at a discounted valuation here. i think that in itself could make it an attractive lbo. we saw the article last night published in "the wall street journal." my concern is just the size of any deal. this would be -- if this were to happen it would be a very, very large deal. i think best buy could have trouble securing the financing for that. >> so schulze reportedly worth $7 billion. seven times ebda. you think someone would be interested but couldn't raise what schulze has himself? >> that's the challenge. i said any deal would be excess of $10 billion. the challenge would be raising the capital to essentially buy the piece schulze does not own at this point. >> would you be worried -- it won't be a public company if it goes private so we won't have to care, but would you be worried about the company's ability to ac

john nagl will join us. he is retired and with the center for security now. age of unsatisfying wars, he will talk about afghanistan and compare it to vietnam and i iraq. drones.so talk about unmanned aerial vehicles. ,e'll find out how they work how much activity there is. we will begin a week-long series on "washington journal" regarding federal financial agencies and enforcement. the rule's impact in the u.s. financial system. we will look to the securities and exchange commission tomorrow. and then the rest of the week we will look at several other agencies including a commodities trading commission. and then on wednesday, treasury. thursday, the fdic. a relatively new outfit of there. 9:15 each day starting tomorrow on c-span. enjoy the rest of your day. we will see you back here tomorrow. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] today on c-span, "newsmakers." then, federal chairman ben bernanke. bernanke.