Ah, couldn't make it to the conference?

Well, don't worry. You missed a very cool event hosted by TheStreet's sister site, The Deal. And you missed some fantastic interviews, but that's OK. I'll try to catch you up. 

Let's go over the five biggest moments from the conference.

Steve Mollenkopf won't be picking up Tim Cook's phone call

Apple Inc. (AAPL) and Qualcomm Inc. (QCOM) are disputing. Ah, you haven't heard about this lengthy legal battle? Well, Qualcomm has sued Apple, claiming that it violated a software agreement. 

But, let's focus on Steve Mollenkopf's interview. The CEO defended the company's choice to turn down Broadcom Inc. (AVGO) . Right, well, Qualcomm got lucky because President Donald Trump intervened, but Mollenkopf claims that his company was never interested in the deal, which offered $82 a share. That's over $20 more than what Qualcomm is currently worth. 

Brian Sozzi, executive editor of TheStreet, followed the conference with a live blog. Qualcomm's CEO said he was "happy" with the ZTE deal announced Thursday. It may open the way for Qualcomm's NXP Semiconductors (NXPI - Get Report) deal to close. "We still have things to get done on the regulatory front," Mollenkopf said on the NXP deal. He continues to be confident in the deal closing.

One of Mollenkopf's final points in the interview was that his company is undervalued. He's hoping to prove everyone wrong with the release of 5G. 

Guess we'll have to wait and see. 

Nelson Peltz on GE and P&G

Big changes could be coming to two titans of industry. 

Nelson Peltz said he reminded the P&G (PG) board he was there under different circumstances than them. Peltz said his white paper written months ago that detailed a reorganization of P&G was under "very serious consideration" by the board. Peltz said he hopes a breakup "doesn't have to happen."

Meanwhile, Peltz -- who has Trian's Ed Garden on the General Electric (GE) board --said GE is still struggling with regaining investor confidence. He think investors remain worried about undisclosed liabilities. 

Said Peltz on a possible GE breakup: "Well, when a man says everything is on the table, I mean you got to take him at his word and I would definitely take him [GE CEO John Flannery] at his word."

Paul Singer gets honest about capitalism

Paul Singer, the founder of Elliott Management, sat down with Jim Cramer and broke down the important of capitalism and the markets. 

"Everyone in this room—whether or not you're a direct investor—is an investor in capitalism," said Singer.

He downplayed the ruthless reputation that Elliott has received, but was willing to admit that things get "nasty." Glad he's honest. 

Singer discussed short-termism. He agreed with Warren Buffett and Jamie Dimon—they penned an op-ed in the Wall Street Journal about doing away with quarterly earnings—Singer says that this adds too much to short-termism. 

Ron Shaich blew everyone away

Ron Shaich, the ex-CEO of Panera Breads, tore down activist investors. 

His speech was truly astounding, and very informative. 

If you don't believe me, check out Sozzi's article

"Our public markets have become increasingly shortsighted and, indeed, hostile to those companies like Panera competing on the basis of long-term transformation," Shaich said at the conference. "While hedge funds increasingly trade stocks based on an assessment of the next data point and ͞active money managers focus on short-term performance, as they are now ͞marked to market and incentivized on quarterly returns."

"The reality is this ... fear hangs over the decision-making process in most public companies as boards and management seek to avoid becoming an activist's target," Shaich says. "In reaction, CEOs focus more than ever on short-term fixes which, in turn, reduce a company's options to drive real value creation by being a better competitive alternative through continuous and long-term transformation."

Following up on Singer's speech, Shaich reiterated the issues of a short-term market. "When I went public 26 years ago, shareholders held for 3 years," said Ron Shaich. He then followed with investors in 2016 hold for 8 months

Jeff Gennette

Jeff Gennette broke down what modern CEO's need to know. 

While Macy's is a company that has been around for a while, Gennett thought, "What would [Macy's] portfolio look like if [Macy's] was starting a company from the ground up?"

"I have reverse mentors," said Gennett.

He brings in "millennials" to inform him of things that he might not know about. Then he can use that, along with what he called his "peanut gallery" of daughters, to keep him up-to-date.

What else did you miss?

Well, you can find out about Makan Delrahim's speech here

Follow The Deal's conference here.

This has been updated to include additional comments.

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