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promo code fool during check out. It's Monday August 6th welcome to market foolery

I'm Chris Hill joining me in studio.

Jason Mose are in the house. Happy Monday. Hey hey. We've got some earnings. We got

some Berkshire Hathaway. Isn't it just perfect that Berkshire Hathaway just sort of sneaks in there?

Like it is so emblematic of Buffett and the way he runs that company that it's like Friday after the market closed very quietly we're going to

drop the drop the release and we'll get to that and we'll get to and try to figure

out what in the world is happening with Facebook's latest foray into banking. is I'm going to know, in October.

This will mark 12 years that Newy has been CEO of Pepsi.

She's going to stay on as chairman of the Board of Directors

through early 2019, Ramon La Guarta is going to be promoted

up to CEO.

When you think about her track record, years, I mean it's the thing that struck me

when I was sort of digging around this morning is how closely shares at Pepsi

track the S&P 500 while she was CEO.

Yeah, I mean I think this is and this is I'm not trying to to give the incoming management any sort of a black marks or challenge here.

But man, I would not want to be filling her shoes.

I mean, she set the bar really, really high.

So to me, this is a really big loss for Pepsi.

I think it's really hard to overstate that.

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