At the 30th annual Baron Investment Conference, billionaire buy-and-hold investor Ron Baron explains why 10% of his portfolio is Tesla stock, and 4% is SpaceX. He’s Elon Musk’s biggest bull, and he shares his excitement about the “railroad to space” SpaceX is planning to build. A long-term investor and optimist, Baron explains why he has never owned a bond, and why he invests as much as he can, whenever he can. Plus, Senator Joe Manchin (D-WV) is not seeking reelection, which has sparked speculation that he may be readying himself for a Presidential bid. Ron Baron - 10:35, 26:46 In this episode:Andrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkMelissa Lee, @MelissaLeeCNBCKatie Kramer, @Kramer_Katie Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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