Squawking with 'Walking Dead' Daryl (sans crossbow)
T. Boone math
Word problem time! Four, minus two, minus one equals ... T. Boone Pickens's answer to how he was knocked off the Forbes billionaire list. He had $4 billion. He lost $2 billion on bad bets. He gave $1 billion away to charity and his beloved Oklahoma State University. That leaves him with just about $1 billion.
So how's he going to get the money back? Think Peter Lynch: Invest in what you know. And Pickens knows energy. Here's his take on the Keystone XL pipeline and how it would make OPEC obsolete.
Andrew Ross Sorkin to Dominic Chu: "You made it through your first hit on this show. You are no longer a 'Squawk' virgin."
Dominic: "Umm, great ... Thanks."
The new $105 bill?
Would you pay $105 for a new edition of the $100 bill just to have it before anyone else? How about paying $3 for a $2 bill? Or maybe you would pay $2 for a Susan B. Anthony dollar? They say value is in the eye of the beholder. These deep thoughts are courtesy of Joe Kernen, Becky Quick, and Andrew in this week's Executive Edge.
He's a motorcycle-riding real estate billionaire and he's never been found at a loss for words. Sam Zell spent two hours on the "Squawk Box" set this week. Check out his argument on why Washington is so broken and why the tea party is not crazy.
Politics aside, Zell is very interested in improving the country's education system. See how he ties the failure of urban school systems to a thesis for buying and selling real estate.
And watch this video on why he thinks half of America thinks Obamacare "sucks."
Live Mas Fiery Doritos Locos Tacos Supreme
Yum Brands missed the mark with its latest earnings report. This seems impossible to us on "Squawk Box" because it owns Taco Bell. These are the guys who actually created a multithousand-calorie salad and the "Fiery Doritos Locos Taco." Joe was relieved to find out the problem was with KFC, not with our beloved Taco Bell.
When size does matter
Wealth Reporter Robert Frank (follow him at @RobTFrank) has a cool job. He's gets to play with the toys of the super-rich. We're talking 400- to 500-foot yachts with movie theaters. Check out his report: My mega-yacht's bigger than yours.
We're talking serious toys—not like my Old Town Loon Kayak.
(But who said size matters anyway?!)
Earnings on tap
- Monday: Boston Scientific, Rambus, Xilinx, Zynga
- Tuesday: Citigroup, Intel, Johnson & Johnson, Coca-Cola, Yahoo
- Wednesday: Bank of America, BlackRock, eBay, PepsiCo, PNC Financial, St. Jude Medical
- Thursday: BB&T, Goldman Sachs, Google, Verizon
- Friday: Apple, General Electric, Honeywell, Morgan Stanley, Schlumberger, SunTrust
Apple's shock-proof iPad?
AllThingsD reports that Apple will hold a fall iPad event Oct. 22. Among the highlights, the fifth- generation iPad is expected to feature a thinner, lighter design and an improved camera. It's to run Apple's new 64-bit, A7 chip and will likely sport the fingerprint sensor featured in the iPhone 5s.
Sounds cool—but where's the idiot-proof, shock-proof system that would prevent damage from Dads who run over theirs with a minivan?
(I'd like to meet the moron who did that.)
Tweets of note
@DougKass tweeted on Wednesday: On RealMoneyPro/TheStreet this morning: "My Summer Twitter Vacation is Officially Over."
(Did anybody really think he would be gone long?)
Hair Nation (courtesy of Director @pauldefabo and Technical Director @keith_falcone)
When we get bored in the control room, we place Joe's head in places where it should not be.