YouSaid · the spoken record

Michael Murphy

lines on the record: 129
first: 2016-09-23
most recent: 2016-09-23
sittings or episodes: 1
sources: podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

“Sure, I got a couple of things I'm on Twitter at MurphyMike, radio free GOP is my weekly podcast, which is a lot of fun. We're doing pretty well with it. And I've got a website that needs to be updated a little, but I stuck all my commentary writing there. And what's the URL of that? It's called Mike Murphycommentary.com.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Pulling is overrated. Digital was not only going to become big, but it was going to eat everything to quote Mark Andreessen and that despite the flashy technology, including digital, never forget its narrative storytelling and when in doubt, trust that more than anything else.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I say start out trying to run a campaign locally to learn politics. Don't go to DC. It's not where you're going to learn anything other than build a network to get a job, but then you become a guy with a job and no knowledge, which is we have enough of. Get there later. When in doubt, you want to learn politics? Go work in the state capitol.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I like that I... I'm a big student of Cold War history because that's originally what I studied. So, yeah, a lot of historical stuff.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Copy Yeah, luckily he was a friend and I cornered him in his office, found the drawer and he sent me one. Oh, that's fantastic. But anyway, yeah, yeah. So I...”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Absolutely, just about anything you read. I'm a real fanatic Search of Excellence being the tops. I'm a value investing nut. My two favorites, I think, would be, well, both the Gram stuff and I like Munger's stuff too. And Seth Clareman is a friend of mine. Oh, really? I have a copy, a margin of PDF.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“How people misuse history and arguments. Ernest May. He passed away, but he was a giant in that field. So there's no such thing as a bad Ernest May book. In business strategy, I'm a drucker guy, a drucker.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Ernest Mae was a professor at Harvard, advisor to the Pentagon. Give me a name of one book. Well, Strange Victory, where he does all the war games of how the Germans beat the French when the French had the bigger army, and nobody thought even when they run it at West Point, the French World War II. World War II, the French win. He also wrote a great book. I don't remember the exact title about how people argue with historical anecdotal evidence. Napoleon never attacked in June, that kind of stuff. And how it affected bad policymaking in Vietnam.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And replace everything. Totally agree. The other thing, though, is if we don't get entitlement spending under control, the other half of the equation, it's going to eat the entire budget. So it's Medicare, Medicare.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I couldn't agree more. The problem is, though, we need Davis Bacon reform because right now to build public works is about a billion dollars a foot. Right. And that's how we rebuilt California. Governor Pete Wilson after the earthquake had freeway overpasses that had fallen down. He got to suspend some Davis Bacon stuff. So everything. What is that? It's the labor rule. I had a mayor in a western state of a growing community tell me I can build a highway for half of what the feds will spend because of some of the labor rules they have. So we meet it halfway. I think the Republican votes for infrastructure. And we're at a time now flow interest rates. I'm for borrowing money to make our physical plant the best.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“But all in all, the health care offset cost of having kids with asthma, not on the humanitarian side, is even more persuasive. I would love to see a port revamp. And we could really use a natural gas terminal on the West Coast. Let me just see more American-made nuclear power plants.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Our ports are going to be under real competitive attack from Chinese finance, Mexican ports, tied into the high-speed rail system in Texas. Right. And it is incredibly hard to get a can from the port of Los Angeles into the intermodal system now because we haven't really invested any money. The other thing we have to do, I'm a right-wing nut, but I also know the facts, and I live in Los Angeles, we lead the country in childhood asthma in the bowl around LA and the heavy sulfur we burn in the port is a big problem there. So my left-wing Bernie friends would say shut down the port. I would say give free electric hookups so they can turn off the heavy diesel there and switch to natural gas shuttle trucks. But that's dollars.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Zero injured, maybe negative interest rate if we really skunk them and build things that enhance American productivity. But if we don't Give me”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, we are starting to see some wage growth. And the economy is showing some strength. I agree with that. But her plan appears to be more redistribution because she doesn't want to face the hard question the next president has to face, which is we can't afford the entitlement state we have. So her plan is, well, we're going to make the rich pay more their fair share. So I can have my cake and eat it too. I don't have to touch entitlements, which are a ticking fiscal time bomb. I can tax more money, which will have a chilling effect on the economy. And I'll keep having growth that way. I think the only real kind of Keynesian growth plan she's got that's different than Obama she's talking about infrastructure spending. I'm actually for infrastructure spending because I don't hate the idea of borrowing money from the Chinese at, you know,”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Dangerously far. The hijacked team of Bernie Sanders and Elizabeth Warren are a threat and they're a tragic one because the policies they're pushing her into, and she has plenty of her own bad instincts here, are going to hurt the people they want to help the most. It's going to be murder on the working poor because what's going to happen? Growth's going to drop. And with that, there will be no upward pressure on wages. And the people who are barely getting by right now are going to get a worse deal.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Won't try to get out of NATO. She'll actually be 10 or 20 better than Obama in foreign policy and national security. You think really. That's my guess. And on the economy, what?”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I never vote for Trump. If it came down to just my vote, I would probably. Jump in the lake, but I'd leave with my suicide note an absentee ballot for Hillary Clinton because if I had to pick, her mediocrity is so much better than Trump's vanality.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And so I think he'll do his act and he'll hurt her a little. And because I don't know how good she'll be. I'm very worried she'll be overprepared and all that from, again, very worried. I'm not voting for her. I'm not a Hillary Clinton fan, but I can't wait for Trump.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Trump, meanwhile, if he's smart, has to know to win the election, he's got to take one of two groups and dramatically change what they think about him, which is the hardest thing to do in politics, get people to totally change what they think. Is there to go get minority voters to change what they think? Or he's got to get college-educated white women to go from not liking him to loving him. That's a big challenge. It is a lift I've never seen anybody else do. And Trump is not the kind of guy who does discipline lifts. He just shows up and he still thinks it's the Republican primary.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“She's going for? I would say from her point of view, I would be thinking about how I move the needle on the number one kind of thorn in the voter's toe about me, Hillary, which is nobody trust me because I think I'm an ultimate political calculating machine. So how can I break through all the political crack and get people saying, I'm a real person, I have stuff I believe in, which is why I'm in this. And here's what I'll do for you. How does she get that connection done? And how does she appear strong enough that Trump's setting his hair on fire, you know, six feet away does not affect her in a way where people say, you know what, she's just not strong enough.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“So, the real question will be when Trump kind of tries to bully and muscle in on her how she handles that without doing a bad Trump imitation, which would not help her, but she can't be too passive either. So it's a tougher debate for her because she's got”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Who knows? Now, Hillary, we do know because her personality is so transparent. She'll try to win the spelling bee. Call on me, call on me. I wrote a paper on that.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Step step tap step. He does it. And then he doesn't know. You're thinking, wow, he's making real progress. Then he stabs you in the eye of a pencil. So you can't predict Trump other than he will be unpredictable. That's the prediction. And we will see versions of what we've seen before because people don't change. So whether it's a mix of the more subdued Trump they occasionally get because they've got the Thorazine out or whatever they do, or it's Trump totally unhinged, or both during a debate when kind of crazy Trump breaks out of the Thorazine Trump after 30 minutes, when you can't put another pill in.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Know it is impossible to protect Trump. It's just You know, the only thing I'll say is you know Trump will be Trump. Which means he'll careen around, he'll vamp everything. One minute, he'll try to be thoughtful and quiet. The next minute he'll be The Trump advisors are kind of like Charlie Manson's foxtrot instructors. Charlie, today's Foxtrot lesson, great.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Pre-aware title. And remember, the electorate in Prilican primary is only maybe 29 million people, which is 100 million fewer than the general election electorate. So one of the things that's happening now is people are saying, well, nobody thought Trump could win the primary and he won the primary. So wet streets cause rain, which means Trump can win the general. They're two totally different electorates. You know, it's so”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Not ready yet. Yeah, you have to cook the thing. And so, do we follow polling now? Of course we do, but you don't really look at the horse race. You look at the internal numbers. What do they think of Trump? What do they think of Hillary? What do they not know about Trump or Hillary that you know as a consultant is true because the main thing we do in a campaign is introduce new information and that is a powerful thing”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Yeah. So early October And until then, it's like me handing you an Apple, some sugar and some butter, some flour, and say, what do you think of my apple pie?”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I don't know any serious practitioner, which means people who spent twenty or thirty years running races, living in crap hotels and campaign headquarters for senators, governors, congressmen, and occasionally presidents who pays too much attention to the horse race ballot and After the first debate. And that means, which is the end of this month”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And the Mercedes is now off the list because they found out that, oh, it's going to be $300 more a month than I thought. And they're heading for that Ford Fusion or whatever. You know, just because they say it on September 17th doesn't mean it's what's going to happen in the election. It tells you what would happen if the election were held yesterday. That's what polls”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“So, there's some political science thinking that says people use polls to kind of slap the system around a little bit because everybody knows they get to change their mind. So if you were to like... The electorate, people who say they're for Hillary might for a week say, I'm thinking about Trump. Yeah, back to Hillary. It's kind of like when you ask somebody what kind of car they're going to buy. Well, I'm thinking this is the year for the Mercedes. You know, if you ask them six months before their lease is up, and they're going to float around a couple of car brands. Half of them will stay like base voters. They're not going anywhere. I'm a Chevy guy, always been a Chevy. But others will float based on what they're seeing out there. But if you pull the same people three days before they buy the car, they're down to a price offer.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Being a locoi because we drank in the old days, you know, like the Gallup poll. Harris, when the polling phone call came, you'd stand up. It was like the president calling it's, you know, oh, it's misdeveloped. Yeah, it's a big deal. Now we have a poll every two seconds.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, not always me. I don't want to have too broad of a brush, but let me put it this way the election is more complicated than daily polls. And the big trends that you want to figure out don't always reveal themselves in the poll. And finally, everybody covers the horse race of the two numbers. One guy's at 45, one's at 44. It's a one-point race. I'm saying, well, who's not yet at 49? And what does the next five points look like to get there? Because the people are undecided are not going to leave the planet. Almost all of them will vote if the poll is correctly done or registered voters. And they're going to land on somebody. So even though it might be a two-point race now at 4244, there's another easy 10% of the vote that's going to show up and be for somebody. And that's a much better understanding those voters and where they're going to land or likely to land tells you a lot more than 44.43.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“The methodology is harder, which means to do it right is more expensive and takes more time in the field. The average media publisher doesn't always say when I'm buying a poll, can I get the most expensive really good one that takes a week to do? They're like, I need an instant poll tomorrow to have candy, have something to talk about on the morning newsflash. So, you know, the pressure to provide cheap junky polling to consume to feed the trivial discussion every day with the sirens going off. We have a new action poll”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Extrapolate that way. Exactly. And so when I look at the election, I've seen the new Zonker poll. Here's everything I know. Polls are hard to take because people don't answer their phone anymore.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I'll defend a little bit. They are right when they overreact to these polls that the race has tightened a little bit, but they assume that it's kind of like the psychology of the stock market. People assume the current direction will always continue. Right. It'll keep going up or it'll keep going down.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“A friend who's an old retired journalist who says if a Martian landed and watched only television, they would think that gerbils can water ski because the only time they've seen a gerbil on TV it's on water ski. So therefore gerbils must be the outlier gets the attention.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And so we're in this kind of silly feedback loop. The truth is it's a lot more like value investing. You want to identify the balance sheet of each campaign, the real assets that are there, get through the accounting blur, and not worry about the daily vicissitudes of polling, which have a lot to do with what was on the news two days ago, and see who's getting what assets from the electorate. Who's doing well with women and women are going to like and land with, who are college educated versus high school educated men going for? Where are minorities going? And then you can pretty well know the reversion to mean that'll happen on election day.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I would say one, it is a human endeavor. So all the eccentricities and wonderful things that make humans unpredictable are part of the campaign. It's less of a machine than people think. And eccentrics have a role in it. Second, people way overestimate the importance of daily polling data. I often joke that if I woke up one day and they said, hey, welcome to China. You have a new job. You're head of the Chinese spy agency. I would say, okay, I guess I got to do this. Give me the budget. And I'd immediately take about $20 million and I would start buying off pollsters in the US. Because 90% of the pundits you see on television, the experts, quote unquote, who if you notice have to be an expert about everything, so often they're an expert about nothing. Right. They look at the average of all.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm not the fact checker on it, but I had a credible Utah's municipal official tell me he thought that that story had attracted more homeless to the fact that it was”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“City councilman from Salt Lake kind of explained to me and said, My theory is where we have a growing homeless problem because we became famous as the place where there's an apartment for you. And that's not quite accurate.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, it's interesting. I was in Utah two days ago, and a couple of mayors straightened me out about that because I asked him about it. Enlighten me. The media got it wrong. We did a thing for veterans. We could take care of the veterans that way, but the whole community now homeless are coming to Utah from around the country. Get out of here, believing that there's a part. Yeah, I had this for.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think we're a one party state and nobody wants to kind of get into the identity politics arguments with the interest groups that say more money to the homeless versus kind of the groups that are more of a tough love approach. And so they don't see a political win in jumping in the middle of that”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Megan, in particular, Meg had an anti-immigration guy running in the primary, which really hurt her in the general election.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“And now if you're not Arnold Schwarzenegger, double down. Yeah, but Arnold was like a hybrid. He had that big identity, so he can kind of bring everybody together. And it was a recall election, no Republican primary. So unlike both.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“The California business community did not really fall behind Carly the way they did behind Meg when they both ran. But I give them both credit for running an incredibly hard state to win as a Republican. Sure.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Well, I think she never really had the base to run for president. It's hard to run for president when you're glad story as you got clobbered and admittedly a very hard state to win. Right. She ran courageously in California like Meg Whitman did.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“You think she has a shot? I think she'll lose if Rant's previous runs for reelection. He's got a pretty good grip on it, but maybe, yeah, she's got a lot of fans in the party.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“So HP. Well, she's, you know, great presentation, ambitious, and she's now looking at running for chair of the Republican National Committee.”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“I'm very excited. And most of my work is working for business, by the way. Oh, really? You know, yeah, I don't really do campaigns anymore. I do corporate problem solving and public opinion. So is it crisis consulting specific?”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source
“Pull Crow. They've been. And they're on the web too. I mean, they're branching out. But my point is kind of an illustrative joke. Our activists gravitate to am radio. Their activists gravitate to the internet. So, guess what? They're much better at the internet Organically. But we look, our problem is not technology. After that report came out, which I agreed with, I would have loved to have been a big iron salesman selling computers till the RNC because everybody wants to buy the gadget. Our problems are more fundamental than the gadget. Our problems are modernizing conservatism to appeal to the”
2016-09-23 · Masters in Business · Interview With Michael Murphy: Masters in Business (Audio) · IDENTIFIED FROM THE TRANSCRIPT · source