. >> very an taking nisic at times. >> they're charging like 8 bits to manage you money. those fees are going down down. it's become accideincreasingly competitive. >> it's going to take a long time for them to start. >> it's happening right now as we speak as far as asset management fees every day in the wall street journal and wall street.com there's a story of asset fees going down. >> let me say, mike can do no wrong many wrong in my eyes. with that said, i happen to agree with dan. banks have rallied with the broader market. they have lagged considerably now for quite some time. again, i don't know how they make money. i understand valuation. it's just not the environment for the banks right now. >> got a question out there, send us a tweet. check out our website and if you're looking for a good summer read, check out of news letter while you're there. in the meantime, here's what else is come can go up. >> a couple weeks back, mike bet against the market. he was wrong, but didn't lose a time. how? he'll explain. >>> plus, is disney about the rock the world of cable.