beds that go -- in hospitals. >>> back to our discussion with buy and hold legend ron baron. s big picks. like manchester united is one that they have here rb ron. how long have you been in manchester united? >> i think about three years. three or four years. >> and it's snup. >> made very little in it so far. >> why do you think -- >> made over $10 million in it so far. >> yeah but it's a $200 million investment. they were doing about $600 million in revenues and making $150 million a year. instead of making $600 million of revenues we'll make $1 billion in cash flow and the company will be worth $6 billion instead of $3 billion. and the reason we think it's interesting is because we view this as opposed to people thinking about it as a rich man's toy. and the super bowl gets 110 million viewers once a year. this is the most popular, most viewed soccer team sports team in the world. and $2.6 billion. and they do 40 games a year where each of those games has viewers of 40 million people so they have something like for this one team. 40% or 50% of people who watch soccer watch

i like it but for ron baron to get into it i think it's interesting.ink about it as a revolutionary type of company. in terms of mobileeye, that's a company we've talked about an awful lot. it is again going back to that connected car and back to one of my favorites, which is blackberry which is also part of the connected car and you can find out more about that on the behind the trade. >> didn't notice it at all. thanks, b.k. guy. >> out of the three names you mentioned i like tesla the most. i'm with b.k. i'm surprised baron picked that name. mobileye you wonder if it's that proprietary that somebody doesn't come in and scoop these guys up. too volatile a stock for me but the story is pretty compelling. out of the three names tesla's the best. >> the tesla name i think it shocked all of us it sounds like but at the same time here's somebody who's willing to go out there and he's looking past, he's looking at growth but he's looking at past the fact that right now there's not profitability. that's out in 2020. that's what everybody keeps talking about

. >> there is at least one, i'm going to call it ron baron. at first glance it appears to be and out liar in your sense of balance. james j. hamel who built the great northern railroad which at least by popular understanding is the one of the four major transcontinental that was built largely with of federal subsidy. it is the northernmost of the u. s. transcontinental. he was trying to populate. but you -- maybe i misunderstood. a solely private enterprise. plenty of opportunity for interface with the political system and a stand of corruption. >> a little more complicated. but give me an of swedes and whiskey in 00 road to hell. but what he had, the only one who realizes that he foresees that he will build the railroad. that is the major problem. a little early. does not anticipate the depression of 1893. it is not true. his core road is st. paul minneapolis in manitoba which has some of the largest land grants in minnesota and the dakotas. very valuable. that becomes the core around which she's been severed. but the real thing, he builds th

it was ron baron. >> it was ron baron. >> i knew that.d that they're intention. they're devaluing the currency so they can pay back all the money we've borrowed. >> it's never going to happen again. never going to happen again? >> i'd ask krishna this but my guess is they've never had a conversation around the -- or have they had a conversation around the fmoc about the impact of policy on the ability to repay the debt? >> absolutely not, steve. absolutely not to my knowledge. >> they just wink at each other. >> there is no question that the dollar is part of the financial conditions affecting the economy. so it is factors into the mix. these base strategies i don't think should be taken seriously. >> talk about if additional nickel or iron should be added to the gold in the coin. which is debasing. >> my 88-year-old mother and all her friends will be happier when they earn more than 1% on their cds next year. >> so it's really harder to engender inflation than to stop it once it's out of the -- actually the same degree of difficulty? >>

under armour's big shareholders and a guy who's been in early on so many different great stocks ron baron at 7:00 a.m. eastern time. >>> couple of other stocks to watch. reynolds american added to goldman's conviction buy list. that's the first thing i'd change. goldman has a list called the conviction list. i mean i just -- figure it out. figure it out. change the name. strong buy -- >> we really mean it list. >> it's anything. it just seems simple. the firm says the tobacco producer has a best in class brand portfolio following its acquisition. and corning was upgraded to outperform from sector perform. that would be a buy from a neutral. the analyst argues the maker of tv displays and optical products would benefit from an upgrades cycle. monster beverage added the city group's focus list. the firm suggests it has outside sales earnings. and there is considerably upside to the stock from current levels. >>> gap making some big strategic moves as it looks to improve business performance. the company is going to close 175 stores in a turnaround effort. the company's ceo sitting down with

in world history. 800 years ago, following a populist revolution led by courageous english bay rons -- baronsch, king john signed the magna carta. this grand charter marked the first time that all people even kings, were gnched by law and all people would enjoy due process and equal standing under the law. it inspires our founding fathers to demand liberty. many magna carta principles were repeated again in our constitution. it started one of our base exfounding principle the rule of law. president obama is working to fundamentally transform our laws without consent granting citizenship to legal immigrants making recess appointments to the nlrb when the senate is not in recess and changing the health care law without an act of congress. the i.r.s. ignored the rule of law by targeting and harassing individuals based on their political beliefs, and who could forget the a.t.f.'s fast and furious program which allowed u.s. weapons to be walked across the u.s.-mexico border in hopes of catching mexican drug lords but ended with the tragic murder of u.s. border patrol agent ryan terry. it is time t