Phone companies recognize that the pipes are not enough anymore. You need something to go through the pipes. You need content. I think the consolidation will continue. A huge development is mobility. We want the content where we are....producers need to be where the consumers want them to be.

The traditional thinking has been that the stock market likes certainty.

I think the value of venues like CNBC is that they give investors an opportunity to reevaluate the situation minute by minute, but maybe we don't need to follow the market so closely.

I think that in the last eight years, we were averaging economic growth of about 2 percent. It's not good. It's very slow. It's a slow pace. People are expecting that pace to continue if Hillary Clinton becomes president.

While it's wonderful that investors have access to all the data now available to them, it has become a full-time job to sift through it and separate out the valuable news from the useless noise.

I'm not a money manager, but I can tell you what the conventional wisdom is. The younger you are, the more risk you can take on.

Don't ever, ever, believe anyone who tells you that you can just get by, by doing the easiest thing possible. Because there's always somebody behind you who really wants to do what you're doing. And they're going to work harder than you if you're not working hard.