There were some interesting interviews on CNBC yesterday:

The three are:

Michael Porter who authored Competitive Strategy: Techniques for Analyzing Industries and Competitors,  “the” textbook on what gives companies competitive advantages.

Bill Ackman, of Pershing Square Capital Managament, famed value investor and the topic of a very interesting new book Confidence Game: How Hedge Fund Manager Bill Ackman Called Wall Street’s Bluff.

Clayton Rose: Professor of finance at Harvard University.

Below Porter discussed competitiveness of the US business industry:

Bill Ackman,, and Michael Porter discussed  strategies, management, and evaluating stock prices:

The three men discussing the future of finance:

The three talk about why companies cannot access cash that they need.