WHEN: Today, Tuesday, October 4, 2016
WHERE: CNBC's "Mad Money w/ Jim Cramer"
Following are excerpts from the unofficial transcript of a CNBC interview with Dallas Mavericks Owner Mark Cuban on CNBC's "Mad Money w/ Jim Cramer" today, Tuesday, October 4th. Following is a link to the interview on CNBC.com: http://video.cnbc.com/gallery/?video=3000556323
All references must be sourced to CNBC.
CUBAN ON TRUMP'S TAXES
We talk about a 915 million dollar loss. Own it. Right. That's the example a potential president needs to set. It's what we were just talking about. We have failures. Own them, learn from them. If you can't admit a failure, you're not an entrepreneur. You're not a good business person. There's nothing brilliant about what you're doing. And then we would learn what's behind it. Obviously he's ashamed of it.
CUBAN ON DEEP LEARNING
There's virtual reality and augmented reality which I'm an active user of. There's still a long way to go. People think Pokemon just set the stage with augmenting but really the grand slam is going to come from deep learning, machine learning. I've got a lot of investments in machine vision and deep learning because as we create more data through our own use, through apps, through bots, through sensors, that data can be processed now in ways that we weren't able to process before.
CUBAN ON THE ELECTION
I'm going to support Secretary Clinton tonight because I think it's important. I think she's capable. I think she would make a great president. I think Donald Trump is just not fit for the job. And I also want to be clear. I don't have any deals. I'm not getting a penny. I'm not looking for a job in government. I wouldn't take a job in government. I don't want to be an ambassador. I've no interest in doing anything. I am an entrepreneur. I want to help entrepreneurs.
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD, CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 386 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms including: CNBC.com; CNBC PRO, the premium, integrated desktop/mobile service that provides live access to CNBC programming, exclusive video content and global market data and analysis; a suite of CNBC mobile products including the CNBC Apps for iOS, Android and Windows devices; and additional products such as the CNBC App for the Apple Watch and Apple TV.
Members of the media can receive more information about CNBC and its programming on the NBCUniversal Media Village Web site at http://www.nbcumv.com/programming/cnbc.
For more information about NBCUniversal, please visit http://www.NBCUniversal.com.