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.

Individual investors have become far more powerful than anyone gives them credit for. Today, 85 million Americans invest in stocks. Collectively, that kind of buying and selling power can move markets.

I don't have any [specific] intelligence about a Vice-Disney deal, but I do know that everybody's nervous about these emerging players, who can come in and have enough attractive, original content to take market share.

Selling cookies helped me to realize that you needed to have a certain way to communicate with people. You also needed business skills. You knew you needed to sell a certain amount of boxes, so that gave me some business sense.

They sort of see Hillary Clinton as the status quo, more of the same, which is why the market is expected to rally should she become president. Donald Trump is more of the unknown. We could see an initial sell-off. Longer-term or midterm, their economic plans are very different.

News is important information that may influence your investments. Noise is talk or buzz or some headline that prevents you from seeing a story clearly. News is useful. Noise is a distraction. Calling what's noise and news after the fact is easy.

If you or me go to the gas station to fill up our car and it costs us much more than we expected, it will zap our discretionary income. We won't have the extra money to buy that washing machine or new winter coat-all big ticket items that are important to economic growth.