Trifecta: Mark Cuban, David Tepper, & Gary Gensler 09/26/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 26 September 2024

⏱️ 76 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Investor Mark Cuban has suggested he would take SEC Chair Gary Gensler’s job, should VP Kamala Harris win the election. Both Cuban and Gensler join the show today, along with billionaire investor David Tepper, to talk about market regulation, crypto, and the presidential election. First, Gensler discusses crypto regulation and Elon Musk dodging SEC depositions. Then legendary hedge funder David Tepper, founder and president of Appaloosa Management and owner of the Carolina Panthers, shares his latest portfolio moves--including selling 84% of his stake in Nvidia and increasing his bets on China. Plus, after Vice President Harris’ first network interview of the campaign, Mark Cuban talks about why he supports the Vice President’s economic policies over Former President Trump’s. Gary Gensler - 03:18 David Tepper - 27:17 Mark Cuban - 58:48 In this episode: Gary Gensler, @GaryGensler Mark Cuban, @mcuban Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Hi, I'm C.N.C. producer Katie Kramer, today on Squack Pod.
0:08.0	Three big guests, three big interviews.
0:11.0	We will bring you all of it in a special supersized podcast first
0:14.4	SEC chair Gary Gensler on regulation on the markets and naturally on Bitcoin and
0:19.8	it's an innovation but innovations don't long thrive
0:23.6	if they don't also build trust.
0:25.8	I mean, the automobile wouldn't have survived
0:27.7	if you didn't have traffic lights,
0:29.2	if you didn't have stop signs.
0:31.2	Then billionaire investor David Tepper in a rare interview.
0:35.0	And we can't get you on camera.
0:37.0	Not a reckless.
0:38.0	He just doesn't like us.
0:39.0	His big take on where he expects stocks to rally and it may surprise you.
0:44.0	You can't be short anything in Asia.
0:47.8	Anything in Asia.
0:48.8	Nothing.
0:49.8	Nothing.
0:50.8	And entrepreneur, Shark, former basketball team owner Mark Cuban.
0:54.0	He's a key business voice weighing in on the election
0:56.7	and throwing his support behind Vice President Harris.
0:59.8	Think of this as a business and she's the CEO.
	...

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