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Slate Money

The Liquid Assets Edition

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 15 December 2018

⏱️ 36 minutes

🧾️ Download transcript

Summary

Huawei and the trade war, ride-share companies and IPOs, and Harvard stocking up on water with Felix Salmon, Anna Szymanski, and Emily Peck. In the Slate Plus segment, Felix, Anna, and Emily discuss corporate governance for public companies (in particular at CBS). Email: slatemoney@slate.comTwitter:@felixsalmon, @Three_Guineas, @EmilyRPeck Production by Max Jacobs. Listen to Slate Money via Apple Podcasts, Overcast, Spotify, Stitcher, or Google Play. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to the liquid assets edition of Slate Money, your guide to the

0:18.6

business and finance news of the week. I'm Felix salmon of Axios. I'm Xios. I'm joined by Anna Schimmansky.

0:26.0

Hello?

0:27.0

And by Emily Peck, of the Huffington Post.

0:30.0

Hello.

0:31.0

And, oh my God, what a show do we have?

0:33.6

We have a show about water.

0:37.4

That's coming up later.

0:39.6

We're going to talk about a certain large East Coast institution with tens of billions of dollars

0:46.1

who's buying up land in California ostensibly for agriculture but we suspect

0:51.7

that really because they're trying to corner the market in water, which

0:56.5

seems dastardly.

1:00.6

We are going to talk about a different kind of liquid asset, stocks.

1:05.0

If you are a shareholder right now in Uber or Lyft or Slack or one of those multi-billion dollar unicorns, you can't really sell your

1:17.1

shares very easily, but if they're listed on the stock market, then you can.

1:21.4

So that might be happening pretty early on in 2019. We think perhaps. Are we excited

1:29.4

about this Emily? Meh. So let's start with the huge international geopolitical news of the week. There have been arrests. There have been disappearing diplomats. There has been

1:46.7

international intrigue. There has been presidential, what's the word, interference in the Justice Department, not for the first time.

1:56.7

We have a story of high diplomatic stakes coming up on slate money.

2:07.0

Okay, Anna Schmansky.

2:10.0

Yes.

2:11.0

Who is Sabrina Meng?

...

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