A foldable iPhone: John Ternus’s first test as Apple CEO

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  This episode is brought to you by Hard Lessons, a Morgan Stanley podcast.

• 00:04

  Iconic investors like Stan Druckenmiller, John Gray, and Rick Reeder break down calls that worked.

• 00:09

  I knew that this stock would go up for at least two or three years and go up a lot.

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  Ones that didn't.

• 00:14

  I quite frankly thought the company could have reversed course.

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  They didn't.

• 00:18

  And what they learned in between.

• 00:20

  When you buy everything and it goes up, it doesn't train you to be a great investor.

• 00:23

  It's these hard lessons that make all the difference.

• 00:26

  Listen to Hard Lessons wherever you get your podcasts.

• 00:32

  Good morning from the Financial Times.

• 00:34

  Today is Monday, September 7th, and this is your FT News Briefing.

• 00:39

  Germany's far-right party surged in state elections.

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  And can Apple sell a foldable iPhone?

• 00:47

  Plus, we look at how Europe is trying to deter Moscow's hybrid war.

• 00:52

  The fear amongst defense experts is that Russia will continue to use the gray area, if you like,

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  and push what's acceptable.

• 00:59

  I'm Sonia Hudson, in for Mark Filipino, and here's the news you need to start your day.

• 01:13

  Looks like the Alternative for Germany party has come first in regional elections.

• 01:18

  That's according to partial results released yesterday.

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