Podcasts about Allocation

Today's guest is Jerry Parker, founder and CEO of Chesapeake Capital and one of the original Turtles trained by Richard Dennis. Together we run the Cambria Chesapeake Pure Trend ETF (MFUT). In today's episode, Jerry explains why managed futures isn't the same as trend following. He breaks down the math and psychology of hunting outliers, letting a few winners pay for many small losses, and why he'd never chase crisis alpha at the cost of returns. To close, Jerry explains why MFUT trades individual stocks rather than just indices. Learn more about the Cambria Chesapeake Pure Trend ETF www.cambriafunds.com/mfut Have questions? Reach out to us any time at info@cambriainvestments.com. Full show notes: Link (0:00) Jerry Parker (3:09) Trend following vs managed futures (11:00) Misconceptions about crisis alpha (18:42) Portfolio construction, volatility targeting, and strategy complexity (23:47) Trend following in individual stocks  (32:18) Performance reflection and importance of sticking to a strategy (37:46) Allocation challenges and memorable recent trades TO DETERMINE IF THIS FUND IS AN APPROPRIATE INVESTMENT FOR YOU, CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISK FACTORS, CHARGES AND EXPENSE BEFORE INVESTING. THIS AND OTHER INFORMATION CAN BE FOUND IN THE FUND'S FULL OR SUMMARY PROSPECTUS WHICH MAY BE OBTAINED BY CALLING 855-383-4636 (ETF INFO) OR VISITING OUR WEBSITE AT WWW.CAMBRIAFUNDS.COM. READ THE PROSPECTUS OR SUMMARY PROSPECTUS CAREFULLY BEFORE INVESTING OR SENDING MONEY. Past performance is not indicative of future results. The material above has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The Cambria ETFs are distributed by ALPS Distributors Inc., 1290 Broadway, Suite 1000, Denver, CO 80203, which is not affiliated with Cambria Investment Management, LP. MFUT: This fund is new and has a limited operating history. There is no guarantee that the Fund will achieve its investment goal. Investing involves risk, including the possible loss of principal. Commodities Risk: Exposure to the commodities markets may subject the Fund to greater volatility than investments in traditional securities. Fixed Income Securities Risk: The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to changes in an issuer's credit rating or market perceptions about the creditworthiness of an issuer. Foreign Securities Risk: The Fund may invest in foreign securities. Such investments involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies. Leverage Risk: The derivative instruments in which the Fund may invest provide the economic effect of financial leverage by creating additional investment exposure to the underlying instrument, as well as the potential for greater loss. If the Fund uses leverage through purchasing derivative instruments, the Fund has the risk that losses may exceed the net assets of the Fund. Derivatives Risk: Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, commodities, currencies, funds (including ETFs), interest rates or indexes. Short Selling Risk: If a security sold short or other instrument increases in price, the Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss. Commodity-Linked Derivatives Tax Risk: The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations, or other legally binding authority. Non-Diversification Risk: Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. Commodities Risk. Exposure to the commodities markets may subject the Fund to greater volatility than investments in traditional securities. Fixed Income Securities Risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to changes in an issuer's credit rating or market perceptions about the creditworthiness of an issuer. Foreign Securities Risk. The Fund may invest in foreign securities. Such investments involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies. Leverage Risk. The derivative instruments in which the Fund may invest provide the economic effect of financial leverage by creating additional investment exposure to the underlying instrument, as well as the potential for greater loss. If the Fund uses leverage through purchasing derivative instruments, the Fund has the risk that losses may exceed the net assets of the Fund. Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, commodities, currencies, funds (including ETFs), interest rates or indexes. Short Selling Risk. If a security sold short or other instrument increases in price, the Fund may have to cover its short position at a higher price than the short sale price, resulting in a loss. Commodity-Linked Derivatives Tax Risk. The tax treatment of commodity-linked derivative instruments may be adversely affected by changes in legislation, regulations, or other legally binding authority. Non-Diversification Risk. Because the Fund is “non-diversified,” it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it was a diversified fund. New Fund Risk. The Fund is a recently organized management investment company with no operating history. Diversification does not guarantee against a loss.  Definitions: Alpha: The portion of an investment's return that differs from its benchmark after adjusting for risk, measured over a specific historical period and not predictive of future results. Crisis Alpha: Returns a strategy seeks to generate during periods of significant equity market stress — a stated objective, not a guaranteed or expected outcome. Stop Loss: A standing order to sell a security once it reaches a specified price, which does not guarantee execution at that price in fast-moving or gapping markets. Trailing Stop: A stop order set at a fixed distance from the market price that adjusts upward as the price rises and holds when it falls, carrying the same execution risks as a stop loss. Shorting: Selling a borrowed security intending to repurchase it later, which profits if the price falls and carries theoretically unlimited loss potential if the price rises. Correlation: A statistical measure of how two assets move relative to one another, ranging from -1.0 to +1.0, which changes over time and often rises during market stress. Derivatives: Financial contracts deriving value from an underlying asset, rate, or index — including futures, options, and swaps — that may involve leverage, counterparty risk, and losses exceeding the initial investment. Futures: Standardized exchange-traded contracts to buy or sell an asset at a set price on a future date, traded on margin so that leverage magnifies both gains and losses. Long: Owning or holding a position expected to benefit from an increase in the price of the underlying asset. S&P GSCI (formerly the Goldman Sachs Commodity Index): A production-weighted, energy-heavy index of commodity futures created by Goldman Sachs in 1991 and acquired by S&P in 2007, which is unmanaged and cannot be invested in directly. Get Stopped Out: Having a position closed automatically when a stop order triggers, which can occur on a temporary price move and exit the position before any recovery. MSCI EAFE Index: A market-capitalization-weighted index of developed-market equities outside the US and Canada, covering Europe, Australasia, and the Far East, which is unmanaged and not directly investable. MSCI Emerging Markets Index: A market-capitalization-weighted index of equities across emerging-market countries, which is unmanaged and not directly investable. Commodity Trading Advisor (CTA): An individual or firm advising others on futures, options on futures, or certain swaps, generally required to register with the CFTC and join the NFA — registration that implies no skill level or regulatory endorsement.

Advanced Financial BasicsSuccess is boring. That's not a knock — it's the whole point. The best tennis players in the world don't win with highlight-reel shots; they win by making almost every easy shot and missing almost nothing. Wealth-building works the same way. This week, David Chudyk, CFP®, breaks down BASICS — a six-letter framework covering the unglamorous, "advanced" fundamentals that actually move the needle for people who are already building real wealth.What BASICS Actually Stands ForB — Budget. Not a lecture about canceling subscriptions. The real question isn't "can I afford this," it's "is this appropriate for my current situation." For some listeners — especially those with a solid nest egg — an appropriate spending plan means spending more, not less.A — Allocation. Where should your money actually live — checking, real estate, retirement accounts, an emergency fund, speculative positions? "Should I buy the hot new IPO?" is really an allocation question in disguise, and there's no universal right answer without knowing the full picture.S — Systems. We don't rise to the level of our goals, we fall to the level of our systems. This segment covers the financial habits — recurring money check-ins, subscription audits, auto-pay, systematic investing — that quietly determine whether goals actually happen.I — Insurance. Insurance isn't exciting, and David doesn't pretend otherwise — but its job is simple: it protects your money, nothing more, nothing less. Includes a breakdown of life insurance, liability coverage, and why finding a great local independent insurance agent is real advice, not a throwaway line.C — Caring. Tying back to David's core philosophy — how we handle our money should positively impact our lives and the lives of those around us — this segment covers generosity beyond the tax-deductible check, and a candid look at whether your spending actually reflects what you say you value.S — Support. Borrowing from Dr. Benjamin Hardy's Who Not How, David makes the case that the right question isn't "how do I figure this out myself," it's "who already knows how to do this." Financial advisors, CPAs, attorneys, fractional CFOs, and mastermind groups all make the list.Bonus Content: Allocation, Round TwoStick around after the outro for a bonus deep-dive on allocation: why the goal of investing isn't always the highest possible return, how David solves for the required rate of return needed to hit a goal, and why a 79-year-old getting a lucky 40% return doesn't mean their money was allocated correctly.Resources MentionedFree E-Book: The Rainmaker's Dilemma — for business owners stuck as the primary revenue driver in their own companyBook Referenced: Who Not How by Dr. Benjamin HardyRelated Episode: "The Richest Corpse in the Graveyard" (referenced in the Budget segment)Where Are You Strong? Where Are You Weak?Leave David a voicemail at weeklywealthpodcast.com and tell him which of the six basics you need to work on. Or skip straight to a conversation: Book your free Vision Call.

The W-2 Detox: Rewiring Your Brain for Capital AllocationYou cannot build a scalable business while thinking like an employee.The rules have changed.In this episode of The Level Up Podcast, Paul Alex breaks down how entrepreneurs must shift from trading time for money to using leverage, delegation, and capital allocation to grow.In a job, effort is often rewarded.In business, effort without leverage can trap you in low-value work and leave you exhausted.The goal is not to do everything yourself.The goal is to put your time, money, and people where they create the highest return.In this episode, you'll learn:• Why the employee mindset can limit your ability to scale• How buying back your time creates more leverage• Why guaranteed-paycheck thinking can hold entrepreneurs back• How capital allocation and delegation change the way a CEO operatesThe truth is simple:Stop asking how you can do everything yourself.Start asking who can do it better, faster, and more efficiently.Protect your time.Deploy your capital.Focus your energy on the work that actually grows the company.True leverage starts with the way you think.Your Network is your NETWORTH!Make sure to add me on all SOCIAL MEDIA PLATFORMS:Instagram: https://jo.my/paulalex2024Facebook: https://jo.my/fbpaulalex2024YouTube: https://www.youtube.com/channel/UCGhDAD1JyGGzSQUPD9lc9HQLinkedIn: https://jo.my/inpaulalex2024Looking for a secondary source of income or want to become an entrepreneur? Check out one of my companies below to see if we can help you:www.CashSwipe.comFREE Copy of my book “Blue to Digital Gold - The New American Dream”www.officialPaulAlex.com

The episode identifies a structural shift within the IT services market, highlighting a bifurcation between two distinct economic models in the channel: the advisory economy, paid upfront for transformation and integration, and the operational economy, paid on the backend for managed outcomes and recurring support. Techaisle's 2026 Global Channel Partners Survey, referenced by Anurag Agrawal, underscores that most vendors operate single partner programs that implicitly favor one of these models, often without recognizing the divergence. This mechanism exposes gaps in vendor strategies and underscores uneven access to resources and incentives across partner segments. Data from Techaisle's study involving 5,450 partner firms in 24 countries illustrates the impact of these structural choices. Firms under $10 million in revenue project just 8.4% growth, while partners over $500 million forecast 16.8% growth, with 41% of the largest landing in top-tier vendor programs versus only 2% of smaller firms. Anurag Agrawal contends that allocation decisions—such as capital, leads, and support—by vendors drive part of this gap, independently of partner capabilities. The allocation process forms a closed loop, where larger partners consistently receive and convert the best leads, reinforcing their tier status. Furthermore, most vendor incentive spend lands at deal close, benefiting partners focused on new transactions over those delivering ongoing operational value. Supporting developments include evidence that smaller MSPs face higher customer acquisition costs (absorbing 31% of first-year deal value for contracts under $25,000) and operate with little error margin, as opposed to larger firms with more resilient economics. The transcript points out that tier progression within most vendor programs primarily reflects transaction volume and headcount, not actual customer outcomes or quality—making tiers unreliable as indicators of partner value. Additionally, practical AI deployments are now accelerating infrastructure refresh cycles and shifting the center of gravity for services revenue from break-fix to consulting and integration, further complicating the operational landscape for SMB-focused providers. For MSPs and IT service leaders, these findings imply increased dependency on vendor program design and expose operational risk due to imbalanced allocation of leads and support. Smaller providers should expect continued pressure on margins and incentives unless vendors alter their models to recognize operational contributions beyond new logo acquisition. Specialization—vertical or workload-focused—is suggested as a cost-control mechanism, while pricing and packaging transformation work around a recurring services base could mitigate risk. Governance challenges posed by AI adoption, such as managing large numbers of intelligent agents, call for enhanced identity, entitlement, and monitoring capabilities as table stakes for ongoing operational relevance. Supported by: ScalePadProofpoint

durée : 00:17:21 - Journal de 08h00 - L'allocation de rentrée scolaire, versée ce mardi : entre 426 et 466 euros par enfant pour les trois millions de ménages les plus modestes. Dernier discours d'Emmanuel Macron dans le Var et des messages politiques. La FIFA licencie le Français Kevin Lamour, numéro trois de l'instance. - équipe : Kevin Dufrêche Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France

In the St. Louis Morning Brief, hosts Marc Cox and Kim St. Onge detail a precautionary boil water advisory issued by the City of St. Louis Water Division following storm-related power outages at the Chain of Rocks Water Treatment Plant. The advisory impacts nearly two dozen neighborhoods across North City, South City, Midtown, and surrounding districts. Additionally, the hosts review criminal charges filed against two parents after a six-month-old infant was left in an un-air-conditioned car outside an Urban League Expo event, alongside administrative delays in distributing sports gambling addiction treatment funds via the Missouri Gaming Commission and the Missouri Department of Mental Health. The brief concludes with details on a downtown St. Louis vehicle pursuit and shooting near Tucker Boulevard and Olive Street that resulted in a car fire and police vehicle damage. Hashtags: #StLouisBrief #BoilAdvisory #UrbanLeague #MissouriGaming #PublicSafety

John is joined by Tony Haggerty to discuss another enjoyable Celtic weekend after Martin O'Neill's side thumped Dundee United 4-0 to set up an early-season trip to Ibrox to face Rangers. But are the team ready for a massive tie against Austrian champions LASK that begins on Wednesday night? Learn more about your ad choices. Visit podcastchoices.com/adchoices

In deze aflevering bespreken Enzo en Luc hoe Luc zijn Max Allocation bij FTMO bereikte, maar vervolgens werd verbannen omdat FTMO vermoedde dat er een derde partij betrokken was bij zijn trades.Ze leggen uit wat er precies gebeurde, waarom Luc zijn account niet meer kan gebruiken en welke risico's dit laat zien van het afhankelijk zijn van prop firms.Ook bespreken ze waarom ze steeds meer de focus leggen op het opbouwen van eigen tradingkapitaal en hoe Luc zijn geld bewust laat werken in plaats van alles vast te zetten in bijvoorbeeld zijn woning.Daarnaast gaan ze in op automatisering, het verminderen van handmatig traden en hoe hun aanpak richting trading en vermogensopbouw de afgelopen periode is veranderd.Een aflevering voor iedereen die wil begrijpen waarom prop firms een interessant hulpmiddel kunnen zijn, maar waarom het opbouwen van eigen kapitaal uiteindelijk minstens zo belangrijk is.Let op: traden en investeren brengen risico's met zich mee. Doe altijd je eigen onderzoek.

Are you feeling overwhelmed by the current state of the education system and wondering how to best support your child's learning? In this episode of the Homeschool Yo Kids Podcast, host Jae sits down with Cat Hendricks from Parents Challenge to discuss why school choice is a fundamental right and how parents can reclaim their power as primary educators.

What happens when multiple insureds are drawing on the same policy? In the latest Mallesons and Stewarts podcast, Peter Yeldham, Mandy Tsang and James Breese unpack the Australian and English approaches to four perennial issues in insurance claims where multiple persons are insured under the same policy: notification, allocation, erosion of policy limits, and insured vs insured exclusions. Read more here: Mallesons Insurance Pocketbook 2026 and Stewarts Policyholder Review 2026 

In this Lift Up episode of Behind the Win, Sam Beasley addresses the different factors company leadership considers when allocating raises. Employers start with a budget that they then have to spread between all of their employees, based on skill, retention, equity, and other factors. Beasley addresses how this allocation can look different from an employer versus employee perspective.

Malcolm Hoenlein and Thaddeus McCotter — EEAnti-Semitism is surging in the UK, leading to a £250 million government allocation for protection; Iran continues to act as an "octopus" of instability across the Middle East, and guests argue that dealing with Iran is the only way to achieve regional peace and allow the area to bloom. (6)

All things competitive in the world of Warhammer 40,000. This week, Robert & Eric go over their early experiences with the 11th edition in both the singles and teams arenas.

Baroness Dambisa Moyo is a global economist, author, board member, and investor who sits at the intersection of public policy, corporate governance, and capital allocation. Dambisa serves in the U.K. House of Lords, sits on the boards of Chevron, Starbucks, Condé Nast, and Oxford University's investment committee, is Chair of the Economic Club of New York, and oversees Altered Trajectory alongside her husband, Jared Smith, the family office formed after his sale of Qualtrics in 2018. Our conversation traces Dambisa's journey from growing up in Zambia to becoming a leading voice on global economic development and governance. We discuss how her experiences across more than 80 countries and on the boards of four global companies shaped her judgment on economic growth, governance, and decision-making. We then turn to the application of those lessons at Altered Trajectory, including the evolution away from an endowment-style portfolio, balancing Dambisa's macro convictions with Jared's moonshot investing style, and positioning for long-term themes. Along the way, we discuss the challenge of investing through structural change while avoiding ideological thinking. Any leader should see for themselves the benefits of elite coaching. Try ALEX: tryalex.admiredleadership.com. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership   Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)

Empress Royalty is entering a new phase of growth as its portfolio of producing gold and silver royalties continues to generate meaningful cash flow, giving the company the flexibility to expand without returning to the equity markets. CEO Alexandra Woodyer Sherron joins Mining Stock Daily to discuss Empress' differentiated royalty model, how it is evaluating new opportunities across the mining cycle, and why disciplined capital allocation remains central to the company's strategy. The conversation also explores the use of AI to identify new royalty opportunities, the outlook for the royalty sector in a $4,000 gold environment, and what's next as Empress looks to build on its growing revenue base.

Mark is joined by Elliott Davis, a retired Fox 2 Investigative Reporter who recently retired after 45 years of chasing politicians. He shares his recent research on the St Louis Board of Aldermen as well as the Crime Prevention Fund Allocation.

When Shane Hostetter arrived at Chemours in 2024, he stepped into a company facing liquidity challenges while also pursuing important long-term growth opportunities. His goal was not to replace decades of institutional knowledge but to complement it. Chemours CEO Denise Dignam brought nearly forty years of experience with DuPont and Chemours, while Hostetter brought an external perspective. Combining those viewpoints, he tells us, helped create “the best of both worlds.”That approach reflects much of Hostetter's broader leadership philosophy. Rather than viewing finance solely through the lens of reporting, he focuses on building a stronger foundation for future growth through disciplined capital allocation and balance sheet management.Hostetter tells us the company developed a three-year strategy designed to strengthen Chemours over both the near and long term. Portfolio optimization became one important pillar, including shutting down selected production lines and divesting non-core assets to improve cash flow. Underlying every decision, he tells us, was a disciplined capital allocation strategy intended to improve financial flexibility.At the same time, Hostetter has become an advocate for helping others better understand what Chemours actually does. Although many people still associate the company with its legacy DuPont products, he explains that Chemours today serves critical industrial markets ranging from next-generation refrigerants to semiconductor manufacturing, AI infrastructure, electric vehicles, and advanced cooling technologies.Looking ahead, Hostetter's emphasis remains consistent: strengthen the balance sheet, allocate capital thoughtfully, and position the company to create sustainable long-term value. For him, finance is ultimately about creating the platform that allows strategy to succeed.

Oil prices are moving higher. What was the market's immediate reaction? A federal law aimed at cheaper housing is close. When could it become law? Finally, there are more opportunities to invest that ever before. How should you decide where your portfolio should be invested?

My guest today is Jeremy Giffon.  Jeremy has been on the show before as one of our most popular guests, and this conversation is every bit as enjoyable as the first. Over the last 18 months, Jeremy has had hundreds of conversations with founders and with the capital behind their companies. I don't know many investors with such a high rep count in the most interesting corners of private markets, so I asked him what he has learned. We talk about what those lessons mean for founders and investors, why everyone has become subservient to the poster class, the hidden intellectual history behind Silicon Valley and much more. Please enjoy my conversation with my friend, Jeremy Giffon. For the full show notes, transcript, and links to mentioned content, check out the episode page ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠.  ----- Become a Colossus member to get our quarterly print magazine and private audio experience, including exclusive profiles and early access to select episodes. Subscribe at ⁠colossus.com/subscribe⁠. ----- ⁠Ramp's⁠ mission is to help companies manage their spend in a way that reduces expenses and frees up time for teams to work on more valuable projects. Go to⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ramp.com/invest⁠⁠ to sign up for free and get a $250 welcome bonus. ----- Trusted by thousands of businesses, ⁠Vanta⁠ continuously monitors your security posture and streamlines audits so you can win enterprise deals and build customer trust without the traditional overhead. Invest Like the Best listeners get a special offer of $1,000 off Vanta when you go to ⁠vanta.com/invest⁠.  ----- WorkOS⁠ is the infrastructure B2B and AI-native companies use to sell to enterprise. It covers everything enterprise security requires: SSO, SCIM, RBAC, Audit Logs, AI governance, and more. Trusted by 2,000+ fast-growing companies, including OpenAI, Anthropic, Cursor, and Vercel. ----- Rogo is the AI platform for finance. They're building agents for Wall Street that are trained to understand how bankers and investors actually do work: from diligence and modeling, to turning analysis into deliverables. To learn more, visit rogo.ai/invest. ----- ⁠Ridgeline⁠ has built a complete, real-time, modern operating system for investment managers. It handles trading, portfolio management, compliance, customer reporting, and much more through an all-in-one real-time cloud platform. Visit⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ridgeline.ai⁠. ----- Editing and post-production work for this episode was provided by The Podcast Consultant. Timestamps: (00:00:00) Welcome to Invest Like The Best (00:02:02) Jeremy Giffon (00:02:34) Lessons from 18 Months of Founder Conversations (00:07:01) The Billion-Dollar PDF (00:08:13) The Unifeed & Rise of the Timeline (00:17:02) Power Law & Breakout Content (00:18:48) AI Algorithms Driving Content (00:20:38) Timeline-Native White House (00:21:09) Traits of Great Posters (00:25:27) Peak Guy & the Billionaire Priest Class (00:32:13) Billionaires Now Defer to Posters (00:34:52) Freedom vs. Relevance (00:38:53) AI & White-Collar Job Displacement (00:40:53) Stewarding Your Gifts as Moral Duty (00:43:18) Next Wave of Finance: Equity-First Firms (00:53:26) East Coast vs. West Coast Finance (00:55:34) Beating the Market Is Not That Hard (01:00:40) SPV Feudalism & Allocation (01:02:10) Egregious SPV Fee Structures (01:04:50) Simplicity vs. Complexity in Investing (01:07:15) Hiring: Attracting Differentiated Talent (01:11:00) Silicon Valley's Hidden Intellectual Traditions

Charlie Brennan debates with Wendy Wiese, Bill McClellan, Joe Holleman and Jacob Kirn. The debate continues on Last Call. 

Rubrik (RBRK) stock is down near $70 after peaking above $89 — but its subscription ARR is still growing over 30%. Here's the reverse DCF and margin math behind why the recovery has stalled.Rubrik (NYSE: RBRK) is one of the smaller names in the cybersecurity sector, operating in the data storage and backup security niche — a category distinct from network security players like Palo Alto Networks and Fortinet, or endpoint security leaders like CrowdStrike. In this excerpt from our Semiconductor Insider Live session, Nick and Kasey Rossolillo break down why Rubrik has lagged the broader cybersecurity recovery even as subscription ARR growth stays above 30% and reported revenue grows nearly 40% year-over-year.We dig into the free cash flow story to explain why it has stalled sequentially even as it grows year-over-year. We also explore what that margin compression means for a smaller, AI-infrastructure-dependent company, and how Rubrik's balance sheet ($1.7B cash vs. $1.1B long-term debt) holds up. Finally, we run a reverse discounted cash flow (DCF) analysis to see what growth assumptions are baked into the current stock price and discuss how small and mid-cap software stocks fit into a diversified, long-term portfolio strategy.This is educational content for self-directed investors evaluating semiconductor-adjacent software and cybersecurity plays in 2026.Join Semi Insider: Get access to CSI's research platform, tools, and deeper research as it happens at chipstockinvestor.comSpecial Discount: Get 15% off your membership with our special link: fiscal.ai/csiRelated Episode: We called this back in June — Listen/Watch hereIf you found this episode useful, please make sure to follow the podcast and leave us a rating! Let us know in the Spotify Q&A below: Do you think Rubrik's margin compression is temporary, or a longer-term concern?Content in this podcast is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal.CSI owns shares of Rubrik.

Ce mercredi 1er juillet, Antoine Larigaudrie a reçu Géraldine Métifeux, associée gérante chez Alter Egale, et Olivier Lechevalier, directeur général de Defthedge, dans l'émission Tout pour investir sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.

Retail is changing faster than ever. From AI-poweredplanning to evolving customer expectations, success today requires more than great products - it requires understanding your guest.Samantha Lowenstein, Vice President of Location Planning& Allocation at Bealls Inc discusses how inventory planning, localization, and technology are shaping the future of retail. Together, they explore how retailers can make smarter decisions, improve the guest experience, and adaptto changing markets while driving sustainable growth.Whether you're a retailer, business leader, or simplyinterested in how modern retail continues to evolve, this episode offers practical insights into building a stronger, more customer-focused organization. Episode Timeline:00:00:00              Introductions00:02:17              Area of Responsibility00:04:18              Cold Weather Zones00:08:24              Changes at Bealls00:10:50              New AI System Impact00:12:17              Leading Bealls Florida & bealls00:15:08              Biggest Opportunity?00:20:58              AI in Retail00:23:58              The Power of Letting Go00:29:38              Closing#BeallsLegacy #RetailLeadership #RetailGrowth #InventoryPlanning #RetailOperations #CustomerExperience #RetailInnovation #RetailManagement#BusinessLeadership #ArtificialIntelligence

Veteran market analyst Peter Grandich of Peter Grandich and Company joins Julia for a mid-year macro check-in, and his message is decidedly cautious: after 42 years in finance, he believes the time has come to prioritize capital preservation over capital appreciation, especially in U.S. equities. Grandich lays out his bearish case across political, social, and economic lines—warning of a deeply divided Congress that couldn't manage another 2008-style crisis, a likely Democratic House sweep in the midterms that could derail Trump's agenda, runaway federal and state deficits, the looming threat of wealth and unrealized capital gains taxes, and the displacement of jobs by AI and robotics. He explains why he favors Asian equities over American ones, why he's cautiously back in gold (but not a "gold bug"), and why passive investing—once the market's biggest tailwind—could become its biggest risk. Closing with a vivid craps-table metaphor about a market overdue for a "seven," Grandich ultimately pivots to faith and family, reminding viewers that net worth shouldn't be confused with self-worth.Thank you to our sponsors: Kalshi - download the Kalshi app and use code JULIA to get $10 when you trade $10. http://kalshi.com/r/JULIA Monetary Metals - learn more at https://www.monetary-metals.com/julia/Links: https://x.com/PeterGrandichhttps://petergrandich.com/https://www.amazon.com/Confessions-FORMER-Wall-Street-Whiz/dp/B096LPRYW6Timestamps: 00:00 — Welcome back & catching up with Peter Grandich01:06 — Big-picture macro: "live chicken vs. dead duck"06:28 — Midterms outlook & the political divide10:54 — Echoes of 1929 and why this time is different12:00 — State deficits, surcharges & "revenue enhancement"13:11 — Taxes17:30 — Congressional & presidential stock trading20:20 — New Fed Chair Kevin Warsh & rate policy22:59 — Inflation: is the 2% target dead?25:07 — Wealth inequality & the jobs picture28:18 — Allocation strategy: why "cookie cutter" fails30:40 — Gold32:00 — Spend less than you make33:19 — Why look outside the U.S. market34:00 — Passive investing: the market's biggest risk38:38 — The craps table metaphor41:32 — Parting thoughts: faith, family & "what good is it to gain the world?"

Darshan H. Brahmbhatt, Podcast Editor of JACC: Advances, discusses a recently published original research paper on Sex Differences in Heart Transplantation Outcomes: A 5-Year Review of the 2018 U.S. Allocation Policy.

In this episode Jeff and Brian discuss when a great investment becomes a poor allocation and the accidental real estate plan.

After years of prioritizing balance sheet repair and shareholder returns, upstream E&Ps are facing a dramatically different commodity environment. With cash flows rising, producers faced pressures to reassess priorities as hydrocarbon prices increased. Today, we look at how they responded.

Markets have rebounded sharply from their recent correction, but investors are now asking what comes next. Lance Roberts & Danny Ratliff answer your questions about the economy, interest rates, inflation, market valuations, bonds, retirement planning, artificial intelligence, geopolitics, and the biggest risks facing investors today. Will the Federal Reserve remain on hold? How could oil prices, earnings growth, and consumer spending impact markets during the second half of the year? Are stocks becoming too expensive, or is the bull market still intact? We break down the latest economic developments and provide practical insights to help you navigate today's rapidly changing environment. Here's a topical rundown of today's show: 0:00 - INTRO 1:02 - Markets Selloff, Semi's Consolidate 3:03 - Kevin Warsh Presser Preview 6:41 - Oil Prices Direct Feed Into Economic Data 12:48 - Repricing Stocks to Oil 15:09 - Software Stocks' Catalyst 17:04 - Nvidia Bond Offering & Need for High Quality 19:14 - Momentum Markets in Space Stocks 23:11 - Time to take Profits in Space-X? 26:52 - The Fed's 2% Target 28:44 - WWWD - What Will Warsh Do? 30:19 - Total Bond Funds - Not a great place to be 32:29 - Bonds in a Roth IRA? 34:30 - Shifting Portfolio Allocations 37:36 - Make Sure Allocation Represents Three Things: 40:57 - Why the 60/40 Allocation is Best 45:39 - Is Private Credit Still "a Problem"? 47:05 - Annuities in 401k's? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO,w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ZBK984RQuvk ------- Watch today's "Before the Bell" feature, "Oil's Next Move Matters," here: https://youtu.be/EkUK7BwDUC4 ------- Watch our previous show, "SpaceX Mania: What Happens After the Hype?" https://youtube.com/live/Xr1Ut115-xA ------- Articles mentioned in this report: "May Inflation Print: Why the 4.2% Headline Is an Oil Story," https://realinvestmentadvice.com/resources/blog/may-inflation-print-why-the-4-2-headline-is-an-oil-story/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Candid Coffee, "Beyond Protection: What Life Insurance Can Really Do," Saturday, June 20, 2026: https://streamyard.com/watch/WauFUig8HFtb --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #OilPrices #CrudeOil #StockMarket #Inflation #Investing #FederalReserve #EconomicOutlook #WealthManagement

Markets have rebounded sharply from their recent correction, but investors are now asking what comes next. Lance Roberts & Danny Ratliff answer your questions about the economy, interest rates, inflation, market valuations, bonds, retirement planning, artificial intelligence, geopolitics, and the biggest risks facing investors today. Will the Federal Reserve remain on hold? How could oil prices, earnings growth, and consumer spending impact markets during the second half of the year? Are stocks becoming too expensive, or is the bull market still intact? We break down the latest economic developments and provide practical insights to help you navigate today's rapidly changing environment. Here's a topical rundown of today's show: 0:00 - INTRO 1:02 - Markets Selloff, Semi's Consolidate 3:03 - Kevin Warsh Presser Preview 6:41 - Oil Prices Direct Feed Into Economic Data 12:48 - Repricing Stocks to Oil 15:09 - Software Stocks' Catalyst 17:04 - Nvidia Bond Offering & Need for High Quality 19:14 - Momentum Markets in Space Stocks 23:11 - Time to take Profits in Space-X? 26:52 - The Fed's 2% Target 28:44 - WWWD - What Will Warsh Do? 30:19 - Total Bond Funds - Not a great place to be 32:29 - Bonds in a Roth IRA? 34:30 - Shifting Portfolio Allocations 37:36 - Make Sure Allocation Represents Three Things: 40:57 - Why the 60/40 Allocation is Best 45:39 - Is Private Credit Still "a Problem"? 47:05 - Annuities in 401k's? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO,w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer ------- Do you enjoy our content? Rate us on Google: https://bit.ly/4b9JtEo ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/ZBK984RQuvk ------- Watch today's "Before the Bell" feature, "Oil's Next Move Matters," here: https://youtu.be/EkUK7BwDUC4 ------- Watch our previous show, "SpaceX Mania: What Happens After the Hype?" https://youtube.com/live/Xr1Ut115-xA ------- Articles mentioned in this report: "May Inflation Print: Why the 4.2% Headline Is an Oil Story," https://realinvestmentadvice.com/resources/blog/may-inflation-print-why-the-4-2-headline-is-an-oil-story/ --- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- * REGISTER for our next Candid Coffee, "Beyond Protection: What Life Insurance Can Really Do," Saturday, June 20, 2026: https://streamyard.com/watch/WauFUig8HFtb --- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN --- Subscribe to SimpleVisor : https://www.simplevisor.com/register-new --- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #OilPrices #CrudeOil #StockMarket #Inflation #Investing #FederalReserve #EconomicOutlook #WealthManagement

IPO price. $135Retail. Process. Allocation. ConfirmationGavin Baker on 4th largest cloud ahead of Oracle. Jensen likes to give GPu's to people that can use themBrad Gerstner on how “smart” people lose money. Price target lower by $20.

Most practice owners do not have a revenue problem early on. They have an allocation problem. Dr. Lona and Dr. Eric DiMartino discuss why treating revenue as personal income too soon often slows practice growth, and why the real challenge is learning to deploy money strategically into marketing, coaching, systems, and team development. They explore the common tendency to spend emotionally, hoard cash out of fear, or delay key investments that create momentum. The conversation connects these decisions to everyday practice realities such as patient acquisition, retention, staffing, leadership development, and long-term vision. When doctors learn to view revenue as fuel rather than validation, they create stronger systems, make better decisions, and build a practice that produces both growth and freedom. Key Highlights 02:20 – Why some doctors struggle financially long before revenue becomes the real issue. 03:59 – The difference between survival, stability, and scale, and why confusing them creates costly decisions. 06:01 – A deeper look at the investment many practice owners stop making too soon. 08:15 – What happens when a growing practice treats marketing like an expense instead of a responsibility. 08:39 – The reality of relying solely on referrals when your vision requires something bigger. 11:49 – Why strong lead generation can still leave a practice feeling stuck. 12:19 – The lesson behind the "dumb taxes" that many owners pay on their way to growth. 14:20 – What many doctors overlook when balancing caution, confidence, and personal spending. 16:25 – The connection between freedom, systems, and the people you choose to invest in. 21:52 – Why the ability to delay rewards often shapes the opportunities available years later. 24:21 - Dan Anticich from Success Partner Twoconnect, joins Dr. Andrew to discuss how chiropractic practices can improve lead conversion, patient reactivation, and operational efficiency through dedicated offshore support. They explore how virtual team members help practices protect marketing investments, strengthen patient communication, reduce administrative workload, and create scalable systems that support sustainable growth.   Resources Mentioned For more information about Two Connect please visit: https://twoconnect.com.au To schedule a Strategy Session with Dr Lona: https://go.oncehub.com/DrLonaBuildPodcast To schedule a Strategy Session with Dr Bobby: https://go.oncehub.com/DrBobbyBuildPodcast Learn more about the Remarkable CEO Podcast:  https://theremarkablepractice.com/podcast

After years of AI euphoria, a growing bear case is emerging around the mega-cap tech companies pouring hundreds of billions into AI infrastructure — with serious questions about when, or if, those returns will materialize. This week's tech selloff and tumbling AI-related stocks suggest the market may finally be demanding answers.Today's Stocks & Topics: Primoris Services Corporation (PRIM), Market Wrap, Oil Stocks, Is the AI Trade Over? The Bear Case Against Hyperscaler Spending, 401k Allocation, Vanguard Emerging Markets Stock Index Fund (VEMAX), iShares Residential and Multisector Real Estate ETF (REZ), K92 Mining Inc. (KNT.TO), Vanguard S&P 500 ETF (VOO), Vanguard Total Stock Market Index Fund ETF Shares (VTI), The IPO Market.Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out Scribe and use my code scribe.how/invest for a great deal: https://scribe.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

In 1990, Marc Rowan walked out of Drexel with his belongings in a cardboard box. Within a year, Apollo was managing $6 billion. David Haber speaks with Marc Rowan, Cofounder, CEO, and Chair of Apollo Global Management, about building Apollo into one of the world's largest alternative asset managers and how private capital is reshaping the global economy. The conversation covers the rise of private credit, and why Rowan believes private markets are becoming increasingly central to financing the real economy. They also discuss AI, data centers, robotics, and the growing intersection between venture-backed technology companies and large-scale private financing. Along the way, they reflect on leadership, institutional culture, and why enduring organizations must adapt rather than protect the status quo.   Resources: Follow David Haber on X: https://x.com/dhaber Learn more about Apollo Global Management: https://www.apollo.com Stay Updated:Find a16z on YouTube: YouTubeFind a16z on XFind a16z on LinkedInListen to the a16z Show on SpotifyListen to the a16z Show on Apple PodcastsFollow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Dr. Hoffman continues his conversation with Dr. Corey Schuler, PhD(c), FNP, DC, CNS, and director of medical affairs at Allergy Research Group.

Dr. Corey Schuler, PhD(c), FNP, DC, CNS, and director of medical affairs at Allergy Research Group, details his paper “Energy Allocation Resilience and Endocrine Integration” in the International Journal of Molecular Sciences. He introduces the Energy Allocation System (EAS), which emphasizes how the body allocates energy—not just produces it—and links many symptoms to impaired bioenergetics and resilience. They discuss mitochondria as energy generators and cellular signaling hubs, the integrated stress response and endocrine coordination (HPA axis, thyroid, gonads), and mitohormesis/eustress (exercise, fasting, heat/cold, circadian “zeitgebers”). Schuler explains nuanced testing for fatigue (diurnal cortisol, CGM patterns, thyroid markers including T3/reverse T3) and a case of a perimenopausal woman where oral contraceptives and cortisol dysregulation affected glucose patterns. They cover mitochondrial support (removing obstacles like pollutants/antibiotics, triglycerides, carnitine, dietary fats, micronutrients) and pacing/sequencing lifestyle interventions.

Mental Models for Exceptional Capital Allocation by Mohnish Pabrai at The University of Nebraska, Omaha on May 1, 2026. (00:00:00) - Introduction (00:02:11) - Charlie Munger's mental models (00:03:43) - Model 1: The Bedrock: Take a simple idea and take it seriously (00:04:06) - Model 2: Ben Graham's Fundamentals (00:04:59) - Model 3: Do not overdose on Ben Graham; Poor Charlie's Almanack, Philip Fisher, and Pulak Prasad (00:05:16) - Model 4: Buffett's lifetime 20-punch card (00:06:05) - Model 5: Stay in the epicentre of your circle of competence; John Arrillaga (00:07:52) - Model 6: A high error rate is guaranteed in investing (00:08:06) - Model 7: Circle the wagons: the 4% rule (00:08:44) - Berkshire's 12 best decisions in 60 years (00:09:41) - Mistakes in investing: Ferrari, Progressive Insurance & Goldman Sachs (00:12:10) - Model 8: Do not cut flowers and water weeds (00:13:02) - Model 9: Be a shameless cloner; VIC; Dataroma & SumZero (00:15:11) - Model 10: History does not repeat itself - but it does rhyme (00:16:16) - Model 11: Explain your investment thesis to a 10-year old in 3-4 sentences (00:16:41) - Model 12: You always need a rope to get out of the deepest well (00:20:50) - Model 13: Pursue quality intensely; Nick Sleep, Zen and the Art of Motorcycle Maintenance (00:25:31) - Model 14: Thou shall not use Excel (00:25:52) - Model 15: Develop and use a pre-investment checklist (00:27:54) - Model 16: Be singularly focused like Arjuna (00:29:31) - Read the footnotes; Turn every page: Robert Caro (00:31:44) - Model 17: Enjoy hunting for needles in haystacks; Buffett's childhood entrepreneurial adventures (00:33:41) - Japanese Company Handbook; My introduction to Charlie Munger & Debbie Bozanek (00:38:02) - Model 18: Your deepest desire is your destiny (00:41:15) - Model 19: You should always have someone to discuss your investment ideas with; Li Lu (00:42:53) - Model 20: The mistress always looks hotter than the wife!  (00:43:30) - Model 21: Neither a short-term borrower nor a long-term lender be (00:43:54) - Model 22: Introduce randomness into your life; Peter Lynch's One up on Wall Street (00:46:28) - Model 23: Be a Swiss Army knife (00:46:36) - Model 24-26: Focus on spin-offs, uber cannibals & spawners (00:47:18) - Model 27: Arbitrage is wonderful; Rupert Murdoch (00:48:26) - Model 28: Heads I win, Tails I don't lose much!; IPSCO and CONSOL Energy (00:51:43) - Model 29: Focus on low-risk; high uncertainty bets (00:52:56) - Model 30: Do not skim off the top (00:53:37) - Book recommendations: Poor Charlie's Almanack, Influence & Excellent advice for living (00:54:48) - Importance of the Bedrock model (00:55:30) - Finding great businesses (00:58:11) - Focusing on my deepest desire (00:59:23) - Berkshire Hathaway A-shares (01:00:35) - Intrinsic value of a company (01:02:17) - The Founders Podcast & Value Investors Club (01:05:34) - Pursue your passion (01:07:49) - Making of a Great American Capitalist by Lowenstein (01:09:05) - Family-run businesses; Walmart (01:10:24) - The Dakshana Foundation & Giving back (01:12:45) - Micron (01:13:43) - Warren's Too Hard pile & Charlie's pie-counter trips The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser.

Ce lundi 25 mai, les complications liées à l'allocation sociale unique, ainsi que la régulation des emplois au regard des avancées de l'IA, ont été abordées par Olivier Redoulès, directeur des études de Rexecode, Victor Lequillerier, économiste et vice-président du Think Tank "BSI Economics", et Mathieu Jolivet, journaliste BFM Business, dans l'émission Les Experts, présentée par Raphaël Legendre sur BFM Business. Retrouvez l'émission du lundi au vendredi et réécoutez la en podcast.

Corrections! Not 10m Satellites: 10,000GolfI suck. But I will persevere. What is the point, if life is so stressful otherwise. GOOD Questions. PoliticsPlay You can't earn $1 billion.  AOC is so stupid and un motivating. Play. Bezos response529 Plans: Nuances of 529sGood problem to have. Dealing with Apartment costs exceeding “allowed” cost of housing. Total BS. MarketsBooming!!! ATH: 1 year: IGV up 18% since I bought: BOOM! Secondary Markets for Private CompaniesSPVs and LLCs buying interests with underlying shares in private companies is risky.  WSJ article here.My experience. Risk on, but understand it. Likely cash back, but may not get shares. If cash, taxable. SalesForce Mark is All-In on the All-in Podcast on AI. Play 40.00 Mark talking about the AI power of SalesForce, Slack, etc… FAR FROM DEAD.  Inspiration from Chamath on Time and Positivity. Key to winning:Choose to be positive and grateful. Then, just keep at it. Time is the great compounder and will do the rest. So many people just don't have the discipline to stay positive and grateful. Then time compounds the bitterness instead.Same with Finance and Investing. Tesla Tesla Berlin Manufacturing VideoTesla FSD Safety Data.SpaceXLaunch in a couple of hours!! IPO update. Allocation. $1.5-2. I'll bet it goes to 3t.  SpaceX website here. SpaceX and AnthropicDeal of $1.5b/ month for access to compute. AIPlay Jensen Huang on AI Driving GrowthOpenAI Lawsuit. Basically came down to SoL. Meaning he had 2 or 3 years to file. He knew about and went along with it for quite some time. Though I am a Musk fan, I agree with the simplicity of this. AI personal StoryGolf. Used Claude to interpret all stats and provide thoughts. PoliticsPlay Jeff Bezos on doing his job right and his for-profit companies will do more for societal good than any non-profit. Play. Jeff Bezos on what AI will do for jobs. Fraud: Kash Patel on arresting 15 people on Minnesota fraud of $90mAmy Bach 40+ years in prison. Feeding our Future. Here is another one $250m. Spencer Pratt

Salinas Valley Health has qualified to give free vaccines to children through a federally-funded program. And, California ups proposed support for the state food bank program.

There is an invisible resource that powers our smartphones and connects our devices: spectrum airwaves. But regulations governing these airwaves were set decades ago, long before the age of smartphones and autonomous vehicles. With technology changing at a rapid pace, are these regulations for this finite resource outdated? What is the growing importance of airwave spectrum in an economy that is increasingly wireless? And what does a property-rights regime for spectrum look like in practice?Shane is joined by Professor Thomas Hazlett, author of the best-selling book The Political Spectrum: The Tumultuous Liberation of Wireless Technology, from Herbert Hoover to the Smartphone (2017) and a leading voice in telecommunications, media, and the internet. He is currently the H. H. Macaulay Endowed Professor of Economics and director of the Information Economy Project at Clemson University. He previously served as chief economist at the Federal Communications Commission. His extensive knowledge makes for an excellent conversation.

The County Council is trying to balance new progressive income tax brackets by removing the flat homestead tax credit of $692 that goes to county homeowners when they live in the house they own. Maryland People' Counsel David Lapp explains his complaint against the regional electricity grid operator, PJM, for unlawfully allocating the cost of new transmission projects to Maryland ratepayers. And a group of clean water advocacy nonprofits are suing the state of Maryland over the lax control over industrial stormwater runoff in the state. And more. Music by Silver Spring rock musician MYSTR Treefrog.

Oil markets have been pushed higher by supply disruptions and geopolitical tensions, while natural gas prices have strengthened on weather-driven demand, reinforcing a powerful near-term earnings tailwind. The question is a familiar one: What will producers do with these additional cash flows?

Ensuing Loss Explained: Steven M. Bush on Coverage, Causation & Policy Language   Attorney Steven M. Bush of Merlin Law Group delivers a deep training session on one of the most misunderstood areas of property insurance claims: ensuing loss, concurrent causation, efficient proximate cause, and anti-concurrent causation language. This session was part of the "Mastering the Art of Public Adjusting" class provided by United Claims Professionals, hosted by Jack Hanks, with the recording sponsored by ShieldWolf Strongholds. In this training, Steven M. Bush explains why public adjusters must do more than simply identify damage. They must understand how the policy language works, how exclusions operate, how coverage can be brought back through ensuing loss language, and how different jurisdictions may treat the same facts very differently. This session covers: • What "ensuing loss" really means • Why the excluded cause may not be the end of the coverage discussion • How to read policy language with purpose and intent • The difference between ensuing loss, concurrent causation, and efficient proximate cause • Why anti-concurrent causation language can change the entire claim analysis • Florida, Texas, and Illinois distinctions • Why Texas claims often require careful damage allocation • The role of weather forensics, photos, intake forms, and investigation • Why public adjusters must know the policy before arguing the claim Steven also shares a practical highlighting system for reading insurance policies, including how to identify coverages, exclusions, endorsements, post-loss obligations, and key restrictions. This is not a beginner-level conversation. It is a "meat, not milk" training designed for public adjusters who want to sharpen their craft, protect policyholders more effectively, and understand how coverage decisions are shaped by policy language, facts, causation, and jurisdiction. Featured Speaker: Steven M. Bush, Attorney Merlin Law Group Training Provided By: United Claims Professionals Hosted By: Jack Hanks Recording Sponsored By: ShieldWolf Strongholds Educational Disclaimer: This video is for educational purposes only and should not be considered legal advice. Public adjusters should consult qualified legal counsel regarding specific claims, policy interpretation, statutes, case law, and jurisdiction-specific issues. Suggested Chapters 00:00 Welcome to Mastering the Art of Public Adjusting 07:01 Steven M. Bush Introduction 09:40 What Is Ensuing Loss? 11:46 What Ensuing Loss Does and Does Not Cover 13:20 Policy Highlighting System for Public Adjusters 16:50 Two Purposes of an Ensuing Loss Clause 20:17 Separate and Independent Resulting Losses 22:11 Common Policy Language to Look For 23:32 Roof Leak Example: Faulty Workmanship and Interior Damage 26:01 Ensuing Loss vs. Concurrent Causation 27:40 Efficient Proximate Cause Explained 31:35 Why the Chain of Events Matters 40:49 Concurrent Causation Doctrine 43:52 Florida's Sebo Case Discussion 47:05 Texas Burden of Allocation 48:31 Weather Forensics in Texas Claims 52:21 Failure to Segregate Damages in Texas 56:54 Anti-Concurrent Causation Clauses 1:00:24 Common Exclusions and "In Any Sequence" Language 1:04:31 Wind, Flood, Ordinance, and Anti-Concurrent Causation 1:08:11 Florida vs. Texas Coverage Overview 1:09:42 Final Review: Ensuing Loss, EPC, and Concurrent Causation #PublicAdjusting #PropertyInsurance #InsuranceClaims #MerlinLawGroup #UnitedClaimsProfessionals #ShieldWolfStrongholds #EnsuingLoss #InsuranceCoverage #ClaimsTraining #PublicAdjusterTraining

Most churches love to celebrate big giving stories—but for a lot of Christian dads, that kind of generosity right now wouldn't be godly… it would be irresponsible. If you're drowning in debt, living paycheck to paycheck, and stressed about providing, writing a big check doesn't fix the real problem—it just delays it. In this episode, we rewind the conversation and break down the 4 A's of Godly Financial Health—a simple biblical framework that helps you build margin, get disciplined, and lead your family with clarity. This is the path toward real freedom, long-term family vision, and eventually the kind of joyful, aggressive generosity that lasts for generations. Links in this Episode https://www.courtprocoaching.com/ About Abraham's Wallet: Abraham's Wallet exists to inspire and equip Biblical family leaders. Please partner with us in inspiring and equipping multi-gen families at https://abrahamswallet.com/support AW website Apple Podcasts Spotify YouTube Facebook LinkedIn Instagram Chapters (00:00:00) - Abraham's Wallet(00:00:55) - Dip Life(00:06:02) - How to Start a Business With Dad(00:07:19) - Joe Abraham on Abraham's Wallet(00:07:57) - 4A's of Godly Financial Health(00:12:15) - When Did It Make Sense for Me to Give My Money to the(00:17:45) - 4 Rules for Living a Wealthful Life(00:23:16) - Spending Less Than You Make(00:28:41) - Allocation of Money(00:31:47) - Allocation in Financial Planning(00:33:51) - Give Expensively and Aggressively(00:40:57) - Donor's Credit Card(00:45:49) - Don't Overthink Family and Money(00:50:37) - A Little Fun Finish

Connor Teskey is the new CEO of Brookfield Asset Management, one of the world's largest investors, managing about a trillion dollars across infrastructure, power, real estate, private equity, and credit.  In this exclusive in-depth interview, his first as CEO, we explore his approach to capital allocation, isolating variables, and building a business designed for long-term growth. Discover why effective investing begins with minimizing losses, how waiting for perfect information can result in missed opportunities, the strategies Brookfield uses to manage market risk while maintaining upside potential, and the key insights he gained working alongside Bruce Flatt. This discussion goes beyond investment strategies, offering a glimpse into Connor's perspective on decision-making in an uncertain environment, mentorship, culture, positioning, and talent. It's a rare inside look at the operations of one of the world's most tight-lipped firms. Enjoy!  ----- Timestamps: (00:00) Introduction (00:05) State of the Union for Brookfield (04:14) Nature of Investing (07:24) The Rise to Brookfield (12:06) Your Work Ethic is in Your Control (17:30) Ad Break (19:00) Data Center Deep Dive (22:22) How Does a Deal Come to Be? (29:34) Taking Bets Against Consensus (32:00) What Happens Post Business Acquisition? (40:44) Ad Break (41:55) Lived Experience Through Crashes (43:44) Where Does Talent Matter the Most at Brookfield? (47:10) Identifying Talent (58:18) Using AI to Increase Value Not Cut People (01:01:58) When Was Brookfield the Underdog? (01:03:38) Personal Ambition Over the Next 20 Years (01:10:34) Behind The Scenes of Oaktree (01:15:17) Work and Life Harmony (01:17:54) Time Allocation (01:19:58) The Most Fun Deal to Work On ------ Newsletter: The Brain Food newsletter delivers actionable insights and thoughtful ideas every Sunday. It takes 5 minutes to read, and it's completely free. Learn more and sign up at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠fs.blog/newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ------ Follow Shane Parrish: X: ⁠⁠⁠⁠⁠⁠https://x.com/shaneparrish⁠ Insta: ⁠https://www.instagram.com/farnamstreet/⁠ LinkedIn: ⁠https://www.linkedin.com/in/shane-parrish-050a2183/⁠ Follow Connor Teskey: LinkedIn: https://www.linkedin.com/in/connor-teskey-67931326b/?originalSubdomain=uk ------ Thank you to the sponsors for this episode: +Granola AI, The AI notepad for people in back-to-back meetings: https://www.granola.ai/shane Check out the Granola Notes: https://notes.granola.ai/t/b0c2c94e-a330-4f0f-a62d-beb3c946a539-009c2hma +Download The League App today and find your perfect match! https://click.theleague.com/qmhm/0vdzsmj5 +Shopify: https://shopify.com/knowledgeproject Learn more about your ad choices. Visit megaphone.fm/adchoices