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Bloomberg Surveillance

Single Best Idea with Tom Keene: David Rubenstein & Starbucks

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 13 August 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Tom Keene breaks down the Single Best Idea from the latest edition of Bloomberg Surveillance Radio.

In this episode, we feature conversations with David Rubenstein and Jody Lurie

Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Each week hosts Lizanne Saunders, Schwab's Chief Investment Strategist, and Kathy Jones, Schwab's

0:06.0

chief fixed income strategist, bring you fresh insights on what's happening in the market now.

0:11.6

Join Kathy and Lizanne as they explore questions like,

0:15.0

what indicators should you watch for signs of change

0:18.0

and what sectors of the stock market are outperforming?

0:21.0

Listen today at Schwab.com slash on investing or wherever you get

0:26.3

your podcast. I'm Jason Kelly Bloomberg Original's chief correspondent. Join me and sports leaders like Boston Celtics

0:34.4

co-owner Steve Paliuka, National Women's Soccer League Commissioner Jessica Berman,

0:38.5

Orioles owner David Rubinstein, and even my co-host on the deal Alex Rodriguez.

0:43.4

Plus many more at Bloomberg Power Players New York on September 5th. Conversations

0:48.8

that will empower you to stay ahead of the game. Register now at Bloomberg Live.com slash power players.

0:57.0

Bloomberg Audio Studios

1:02.0

Podcasts, Radio News. single best idea on a day I have never seen there's no other way to put it

1:15.3

CEOs come and go when everybody wants to say to me when did you lose money

1:22.2

against it's not. There was a CEO of a company I owned who had a significant coronary event at a small airport in Chicago and to be honest I sort of sold every share the day of that

1:37.1

tragedy at O'Hare because six months later the company was in massive disarray and

1:42.4

I'm not going to mince words I lost

1:43.8

some money to say the least.

1:47.0

There are times where you see a shock of a CEO impact. And so the Chipotle CEO down 14% goes over to

1:59.2

Starbucks up 14%, whatever the number is up, 20%.

2:03.8

Let's use the word number 20.

2:05.8

So you have a 34% swing in stock performance

...

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