Billionaire Investor Ron Baron on Elon Musk, Twitter and the Economy 11/04/22

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 4 November 2022

⏱️ 34 minutes

🔗️ Recording | iTunes | RSS

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Summary

Baron Capital CEO and Founder Ron Baron joins Becky Quick at the 29th annual Baron Conference, a gathering of Baron-invested businesses at Lincoln Center in New York City. The conference is back in person for the first time since 2019 celebrating 40 years since the fund was founded. They discuss the current volatility in the economy and actions by the Fed. Baron is also a big investor in Elon Musk and speaks more on Tesla, his purchase of Twitter and where he sees the companies going in the future. Plus, the U.S. reports 261,000 new jobs in October, beating expectations. Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick @BeckyQuick Zach Vallese, @zachvallese

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod. I'm C. NBC producer Zach Valisei.
0:08.0	Today.
0:10.0	Ron Barron, the billionaire investor who has been there, done that in all kinds of volatility.
0:15.8	I've never seen anyone really be consistently able to pick the stock market or the economy ever.
0:22.2	He joins us live from the annual Barron conference in New York
0:26.0	City's Lincoln Center marking 40 years since his fund was founded.
0:30.3	You know 40's pretty sweet.
0:33.2	As a long-time Tesla investor, hear why he's bullish on Elon Musk and the prospects for Twitter.
0:39.1	I'm not the expert in Twitter yet.
0:41.4	I will be in a couple years, maybe sooner than that, but I'm not yet. I will be in a couple years maybe sooner than that but I'm not yet.
0:45.8	It's Friday November 4th 2022. Squack Pod begins right now.
0:51.2	Stand under by in three, two, one, Q.
0:54.4	Andrew.
0:55.4	Good morning and welcome to Squawkbox right here on
0:58.6	on cambec.
0:59.4	We're live at the NASDAQ Market site in Times Square, I'm Andrew Ross
1:01.5	Sorkin along with Joe Kernan.
1:02.8	And Becky Quick is reporting uptown live
1:06.3	from the annual Baron Conference.
1:08.3	Good morning to you, Becky.
1:09.7	Hey, good morning, guys.
	...

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