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Meta Plunges, Blue Chips’ Earnings Bounce, the CEOs of Southwest and ServiceNow and Musk's Message to Twitter Advertisers 10/27/22

Squawk on the Street

00:00

Is There Any Discipline?

I trusted this management team and that was ill advised. And I own that. It happens. Altimeter was right. But it's horrifying. That was just one day. Well, right? Yeah. Okay. All right. Let's, okay. Fair enough. You're not alone in being surprised by that. Many are and that's what I thought. But I don't really care about that. I screwed up. As Carl said, you're not alone  in being surprised by the decision to spend money now. He's making a decision that he wants to still be relevant five or 10 years from now because he truly believes that this better person is going to be.

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