Podcasts about as november

Hey what's up hello! As November comes to an end, we reflect on the ever-present No Nut November. What's the point of this challenge? Who participates? And what does it tell us about how the world views sex?Register for Dream Glow Magazine's free "Glow Up: BTS Fandom and Professional Development" event: https://docs.google.com/forms/d/e/1FAIpQLSdI-W6PVRtJnJ0tHbBeOZneT5j5-79jaLB9cTfhb1bpVUy3Rg/viewformDonate to the podcast: patreon.com/soundsfakepodTwitter/Instagram: @soundsfakepodNewsletter: http://eepurl.com/hddwsnDiscord: https://discord.gg/W7VBHMtwww.soundsfakepod.comSupport the show (https://www.patreon.com/soundsfakepod)

As November comes to a close, Dapper J and Bobby G start off this episode with their take on the 10 year anniversary of 808s & Heartbreak. They segue to sports with their stance on Week 11 of the NFL season and NBA free agency and the NBA draft. They transition to music as the duo discusses 2021 Grammy nominations, Jeezy vs. Gucci verzuz, along with new music from Megan Thee Stallion, Meek Mill and 2 Chainz.The show ends with the duo discussing what they are thankful for this year. Thanks for rocking with us, press play, tweet Dap and Bobby your review and tell a friend to do the same.As an avid listener, here is the merch link, bit.ly/1000jumpersmerch.Donate to the HBCU of your choice for free with the HBCU Change app, learn more information at https://hbcuchange.com/If you are looking into a self care routine with black owned products, go to shopmykskincare.com for clay masks, glow oil serums and more. Trust me it works wonders. Recorded on November 24, 2020.WE DO NOT OWN ANY OF THE COPYRIGHTED MUSIC. DON'T DELETE THE EPISODEOrder of conversation / Time StampTheme MusicRoboCop by Kanye West (@kanyewest) https://youtu.be/kVl__NgDAdw1000 Jumpers theme by KP Marino (@kpmarinoo)SportsNFL Week 11 | 3:59NBA Free Agency / NBA Draft | 18:54Music2021 Grammy Nominations | 34:25 | https://www.grammy.com/grammys/news/2021-grammys-complete-nominees-list#7Jeezy vs. Gucci | 44:31 | https://conglomerateempire.ffm.to/ele2Meg The Stallion | 54:24 | megantheestallion.ffm.to/goodnewsMeek Mill | 56:04 | https://meekmill.lnk.to/QUARANTINEPACK2 Chainz | 57:16 | 2chainz.lnk.to/SoHelpMeGodPop Culture / TwitterThanksgiving | 59:15Shoutouts and OutroGet Ya Mind Right by Jeezy (@Jeezy) https://youtu.be/_Ejvl6P__0wMerch link: bit.ly/1000jumpersmerchTwitter: @1000_jumpers, @DapperJ & @BobbyGeorge413,Instagram: @1000jumpers, @theonlydapperj & @bobbygeorge413Fanlink: https://podlink.to/1000JumpersiTunes: bit.ly/DBG1KSpotify: bit.ly/1JSpotifyGoogle Play: bit.ly/1000JGPiHeartRadio: bit.ly/1JiHeartRadioStitcher: bit.ly/1JStitcherTuneIn: bit.ly/1000tuneinSoundcloud: http://bit.ly/1kjumpers See acast.com/privacy for privacy and opt-out information.

As November don dey wan end so... we don dey smell Christmas small small... as 2020 tuff reach, we all deserve to spoil oursef small at least if na with one correct christmas cloth. But e go good make we look well make we no go buy Polo wey go turn to Lopo afta 2 wash :) .... today, we talk about Fast Fashion.We go like to hear from una, how una see di matter wey dey ground?To leave us message, you fit go on top our social media platforms;Facebook: How Una See Am PodcastInstagram: @officialhusapodcastTwitter: @HusaPodcastYouTube: How Una See Am PodcastUna fit also call our number +1 (240) 459-8364 and leave comment for voicemail, or use dis link https://wa.me/qr/ZYXR5W3OAUFWL1 add us to WhatsApp and send voice-note. We wan hear from una.**Music Credits: UNITY by HUSAPodcast, YellowFela Production

Flourish with Ashley Mathews. She is married with her high school sweetheart Tyler and is a Mom to her son Caleb Noah! She is passionate in helping Mothers. By teaching them how to live in wholeness. She coaches and trains with simplicity yet with passion the different elements of health. Today on replenish hope #podcast. We fuel ourselves with hope! We talk about how we were created for wholeness. And once we know the pieces of health. It will aluminate the gift of health in our life. We talk about: 1. Toxicity and deficiency. 2. Sensitivity to food. 3. The pillars of health. 4. Difference of diet and being healthy. 5. Awareness of Type 1 diabetes. 6. And the understanding of God. She also shares her family story. As November is the month of National Diabetes Awareness Month. We thank them and honor them for sharing. We talk about the glimmer of hope. Not only in our kitchen but in our hearts. And no matter in what area we are struggling in right now. We are in the process of being built to the person whom we will become. She shares with us that anyone can make that shift. And to put Imperfection into action! And being willing to suck! And to keep it simple by not doing it all but in steps. And how perspective is HOPE. And how pain and joy can coexist by holding them together with both hands. So, meet us in your kitchen or in the grocery story. By listening to replenish hope podcast! --- Support this podcast: https://anchor.fm/denise-castro9/support

As November begins and we’re faced with the mystery of who our next President will be, it’s as good a time as any to lose ourselves in the fictional mysteries of our favorite detective games with Octobug developer Eric Bailey.... Read more

#Science Matters. As November 3rd, 2020, Election Night, takes places-- many questions will be asked. Who Will Win? Please Subscribe, and follow @JerrellKnowsAll on Twitter, @JerrellKnowsItAll on Instagram

Pr. Jon Niketh, preaching All Saints celebrates the baptized people of God, living and dead, who are the body of Christ. As November heralds the dying of the landscape in many northern regions, the readings and liturgy call us to remember all who have died in Christ and whose baptism is complete. At the Lord’s table we gather with the faithful of every time and place, trusting that the promises of God will be fulfilled and that all tears will be wiped away in the new Jerusalem. Revelation 7:9-17 The multitudes of heaven worship the Lamb Psalm 34:1-10, 22 Fear the Lord, you saints of the Lord; for those who fear the Lord lack nothing. (Ps. 34:9) 1 John 3:1-3 We are God’s children Matthew 5:1-12 Blessed are the poor in spirit

"Take care and stay safe. As November, may shape up into a gloomy, stressful period. You will likely see more risks than gains, which may quickly turn into accidents if overlooked. " Know your forecast this month of November 2020. Knowing is better than not knowing. When you know better you do better. What is the energy of the month for you? How will month's element impact you? And if there's a way for you to know on how you can better maximize or manage the opportunities of the month would you take it? Isn't that a blessing? To know your Day Master and plot your destiny chart and of the people you love. See step by step instructions here; https://www.facebook.com/221670854702866/posts/1356630621206878/ CREATE opportunities for yourself. Start with CLARITY. The Clarity of knowing yourself deeper and the Clarity of what lies ahead. #bazi #fengshui #juditheugenioglobal #startwithclarity #destiny #astrology #astrologer #chineseastrology #geomancer #iamhereforyou --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/juditheugenioglobal/support

All Saints celebrates the baptized people of God, living and dead, who are the body of Christ. As November heralds the dying of the landscape in many northern regions, the readings and liturgy call us to remember all who have died in Christ and whose baptism is complete. At the Lord’s table we gather with the faithful of every time and place, trusting that the promises of God will be fulfilled and that all tears will be wiped away in the new Jerusalem.Scripture Readings: Matthew 5:1-12; Revelation 7:9-17; 1 John 3:1-3

How we think about liberty and individualism shapes the fundamentals of politics: how strongly the government should figure into ordinary folks’ lives. Those ideas play a huge role in issues that run the political gamut — from managing public lands, to school choice, to social welfare programs. As November approaches, very particular perspectives on freedom and liberty are getting louder — especially as Montana officials grapple with implementing public health measures as coronavirus spikes in the state.  Montana Public Radio’s Nick Mott explores how we weigh the individual and the collective when we talk about freedom, choice and rights. 

As November 3rd approaches, Pastor Rolland looks to Romans 13 to teach us the purpose of the government and our response to it. Support the show (https://rosemontbaptist.org/give/)

As November 3rd gets closer, agitators are doing everything they can to confuse voters on how to vote before election day. Catherine announces the release of True the Vote's state by state guidelines for voters to learn about their specific state. Each state infographic goes over when to vote and what to bring to the poll (if your state offers in-person voting).The temperature is definitely rising as both the left and right start to make their moves on the campaign trail. The future of America is in the balance and most Americans understand this going into this process. If we stand together as a nation, there is nothing to fear and we will come out the other side a stronger and more unified nation regardless of the outcome. Like this video? To see more from Catherine and True the Vote, subscribe to this channel: https://www.youtube.com/user/TrueTheVote || Remember to ring the notification bell! Website: https://truethevote.org/ Twitter: https://twitter.com/TrueTheVote Facebook: https://www.facebook.com/pg/TrueTheVote

The U.S. intelligence community has made it clear that when it comes to foreign interference in American elections, 2016 was only the beginning. As November approaches, efforts to persuade voters and sow disinformation and mistrust are growing. Nick Schifrin reports and talks to Ben Nimmo of cybersecurity firm Graphika about a Russian operation leveraging American writers and fake personas. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

The U.S. intelligence community has made it clear that when it comes to foreign interference in American elections, 2016 was only the beginning. As November approaches, efforts to persuade voters and sow disinformation and mistrust are growing. Nick Schifrin reports and talks to Ben Nimmo of cybersecurity firm Graphika about a Russian operation leveraging American writers and fake personas. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

As November's US presidential election approaches an army of volunteer 'hackers' are offering their expertise to local election offices to help prevent a wide range of cyber-attacks. There are many local digital vote tampering threats, from interfering with electoral roles to positing misinformation about polling stations. We speak with organiser Maya Worman from the Chicago Harris Cyber Policy initiative. Electrical chemistry is key to a new way of analysing sleep patterns. Chemists have built sensors into a face mask to measure eye movement. They combined this with a pyjama top loaded with respiratory and motion sensors. Trisha Andrew from the University of Massachusetts Amherst led the project. And which browser do you use and why? We all use them but perhaps don't give them much thought. Which Computing Editor Kate Bevan gives us her assessment. Producer: Julian Siddle Image: GOP Nominee Donald Trump Casts His Vote In The 2016 Presidential Election, November 8, 2016 in New York City. Credit: Chip Somodevilla / Getty Images

After being sidelined for several weeks, Heidi Harris joins the show after emerging triumphant from a bout of Covid-19. With case counts spiking across the country amid an already-decimated economy, the question remains: CAN we afford to keep states shuttered? A calamitous year has reached its midpoint, cuing a 2020 halftime report featuring fellow RT show hosts Steve Malzberg and Jonathan Harris. As November creeps closer, how have the pandemic and sweeping protests against police departments impacted the chances for Trump and Biden?

As November approaches, foreign interference in our election process weighs heavily on our public conscience. Novelist David Pepper—who in 2015 was unanimously elected Chairman of the Democratic Party of Ohio—lends his singular political expertise and sharp storytelling powers to a twisty, cautionary thriller—THE VOTER FILE —that sounds the alarm about election meddling and the loss of American freedoms. No one is better suited than Pepper—who President Bill Clinton named as one of his favorite authors in the New York Times Book Review—to craft the disturbingly plausible scenario that unravels with heart-racing pace. About the Author David Pepper is the author of The People’s House and The Wingman, both of which feature Jack Sharpe. He earned his B.A. from Yale University and his J.D. from Yale Law School. He has clerked for a judge on the United States Court of Appeals; served in local elected office in Ohio; worked for major law firms; and taught election and voting rights law. Prior to law school, Pepper worked in St. Petersburg, Russia, for the Washington-based Center for Strategic and International Studies. In 2015, he was unanimously elected Chairman of the Democratic Party of Ohio. --- Support this podcast: https://anchor.fm/steve-richards/support

As November moves into December and much of the northern hemisphere is staring down the barrel of winter, J. asks Rachael about how she lightens things up on those dark days. Also, J. has a special announcement about a new podcast he's co-hosting with J.D. Barker.Writers, Ink Podcast - https://writersinkpodcast.com The Happiness Lab Podcast - https://www.happinesslab.fm/Rachael's Query Letter Service - http://rachaelherron.com/query/ J.'s Author Services - https://theauthorlife.com/editing/ What's your answer to our question? Leave one in the comments…Rate & subscribe on iTunes and then share with other writers.Support us on Patreon - https://www.patreon.com/thewriterswell More information here - http://thewriterswell.org See acast.com/privacy for privacy and opt-out information.

Controversy roiled the NFL this week as a helmet attack by Myles Garrett on Thursday Night Football saw an unprecedented (and deserved) ban come his way. We breakdown what happened and who else will miss games due to the late game incident. Elsewhere, we attempt to decipher what happened with the strange Colin Kaepernick workout on late notice (which obviously blew up in the NFL's face), try to predict the QB situation in Chicago after the "injury" to Trubisky and breakdown the other big injuries and transactions. In our Week 11 review (in between some blowouts) we admire a massive 20 point comeback for Kirk Cousins and the Vikings over the hapless Broncos, dig into a huge performance from Jimmy G to snatch a victory late for the 49ers over an ever improving Kyler and Arizona and a vital win for the Chiefs as Rivers gave away the ball and perhaps his chances of leading the 2020 Chargers. From Week 12, we highlight a vital AFC South showdown between the Texans and Colts, a fun NFC South tilt between the Bucs and Falcons, a huge interconference tilt for the Cowboys away to the Patriots and a top of the table battle for NFC supremacy between the 49ers and the Packers. As November nears it end, the big clashes are coming quick and fast so make sure you are ready for it all with the All Four Quarters Podcast!

It’s November and lots of exciting energetic and cosmic alignments are happening this month! As November is an 11 month which is a master number, the energy will help us to access and ascend to higher realms. In this episode of the Fiercely Spiritual Podcast, I’m going to be talking about the upcoming 11/11 Stargate. I’ll be explaining its significance and what it means for each of us. You’ll discover how aligning with this energy can bring you into dimensional alignment (don’t worry, I’ll explain what that means). And I’ll talk you through how to align with the highest and best dimensional reality for you. There is so much potential opening up for us this month. It’s one of the best times to work with the Angels, meditate and to open up to receiving guidance from the higher realms. If you’d like to get onboard and work with this powerful energy, tune into this episode to discover more. I hope you love this podcast. If you'd like to see more, please subscribe to get the latest episodes. FOLLOW ME ON: Instagram: https://www.instagram.com/sandrarea_angelicbodies/ Facebook: https://www.facebook.com/sandra.rea/ www.angelicbodies.ie

On this episode of Jessica’s Show, we talk about some of the biggest box office bombs of the year. It’s a week 2 postmortem for the CW, plus many more trends on the horizon. As November sweeps comes up for the broadcast networks, we determine which shows are hot, which shows are tepid, and which shows are cold. Who is likely to be the first show to be canceled? We’ll be the judge. All this and more, on Jessica’s Show! --- Send in a voice message: https://anchor.fm/jessica-boggs/message

As November approaches, what to do? How about write a book.

Ted Seides, CFA, is the son of a teacher and a psychiatrist. Perhaps by genetic disposition, he is passionate about sharing his insights and investing in people. He is the chief investment officer of Perch Bay Group, a single-family office he joined in 2017 to manage a diversified portfolio of direct and fund investments across asset classes. Ted produces and hosts the Capital Allocators Podcast, which by the by the end of 2018 had reached one million downloads. From 2002 to 2015, Ted was a founder of Protégé Partners and served as president and co-chief investment officer. Protégé was a leading multibillion-dollar alternative investment firm that invested in and seeded small hedge funds. Ted built the firm’s investment process and managed the sourcing, research, and due diligence of its portfolios. In 2010, Larry Kochard and Cathleen Ritterheiser profiled Ted in Top Hedge Fund Investors: Stories, Strategies, and Advice. Sharing the lessons from his experience, Ted authored So You Want to Start a Hedge Fund: Lessons for Managers and Allocators in February 2016. He began his career in 1992 under the guidance of David Swensen at the Yale University Investments Office. During his five years at Yale, Ted focused on external public equity managers and internal fixed-income portfolio management. Following business school, he spent two years investing directly at private equity firms, Stonebridge Partners and J.H. Whitney & Company. With aspirations to demonstrate the salutary benefits of hedge funds on institutional portfolios to a broad audience, Ted made a non-profitable wager with Warren Buffett that pitted the 10-year performance of the S&P 500 against a selection of five hedge fund of funds from 2008-2017. Ted is a columnist for Institutional Investor, wrote a blog for the CFA Institute’s Enterprising Investor, and wrote guest publications for the late Peter L. Bernstein’s Economics and Portfolio Strategy newsletter. He is also a trustee and member of the investment committee at the Wenner-Gren Foundation, an active participant in the Hero’s Journey Foundation, and is a decade rider with Cycle for Survival. He previously served as a trustee and head of the programming committee for the Greenwich Roundtable and as a board member of Citizen Schools-New York. Ted holds a BA in economics and political science, Cum Laude, from Yale University and an MBA from Harvard Business School.   “It was one of those examples that the market can stay rational longer than you can stay solvent, and that really anything can happen. There was nothing about the fundamentals of these assets that would have told you that this could have happened.” Ted Seides   Support our sponsor   Today’s episode is sponsored by the Women Building Wealth membership group, the complete proven step-by-step course to guide women from novice to competent investor. To learn more, visit: WomenBuildingWealth.net.     Worst investment ever Ted chose one of his worst investments ever based on its outcome. In 2002, during his early years at Protégé Partners around the launch of that fund, one of the core investments they were making was in a multi-manager hedge fund portfolio. Within that portfolio, one of the core investments was in a relative-value arbitrage hedge fund called Parkcentral Global Hub. Principled fund group included Perot family It was a group that had spun out of or was included in the family office of the late Ross Perot. And the group had been managing its strategy for a long time very successfully in a kind of value-oriented, relative-value manner with a very long time horizon. There was a tremendous amount of co-investment (a minority investment made directly into an operating company alongside a financial sponsor or other private equity investor, in a leveraged buyout, recapitalization or growth capital transaction). Perot had put around US$500 million into the fund and there were highly skilled people running it. Seides said it was a rare case of an investment management organization run with great business principles. Fund launches in 2002 and grows to nearly 3bn in assets The fund launched to outside investors in July 2002, growing to US$2-3 billion in assets until they closed it to new investors. It continued to progress well under the goal of making 10%-12% a year with relatively low volatility. And they had done that historically. They found new structures and strategies, were very insightful and had good communcations enabling investors to know exactly what was going on. Few blips in Spring 2008 but nothing major But, heading into Spring 2008 the situation became shaky for them. A few things went wrong, but they were within the bounds of their understanding of risk and in the summer and into the fall, they would come by the office and said their largest position was a relative-value trade in the commercial mortgage-backed space. Out of the 2008 crisis, most people remember that subprime residential mortgages blew sky high. But in the commercial mortgage space, if considering the fundamentals, there were apparently few problems in the economy. Serious concerns aroused after fund loses 13% by September’s end But strange things were happening in the capital markets because of the turmoil, especially in September. The fund survived the Lehman bankruptcy in October, but going into November, they had a particular trade where they were going long in some senior debt – commercial mortgage-backed securities. The senior debt was priced as if something like 40% of the underlying commercial real estate would have to default with no recovery at all. And all because of the turmoil that was happening in the markets. It was so bad that the fund managers said it no longer made sense to continue to hedge with the junior debt because it had gone down so much that it was not really hedging anything, so they let all the clients know what was happening. By the end of the month, Parkcentral Global Hub had lost 13% of its value, in part because of commercial mortgage-backed securities, an affidavit from the Bermuda liquidators now says. October takes another 26% out, reducing net-asset value to under US$1.5bn In October, the fund lost an additional 26% of its value, reducing the fund’s net assets to just under $1.5 billion. November darker As November rolled in, the situation got worse. Losses continued early in the month and accelerated beginning in November 12, as the bottom fell out of the commercial mortgage-backed securities market. In just one day, November 18, the fund lost $300 million. In that deadly six days in November, his office in New York was saying that they kept putting money into the trade, backing the collateral, but it kept getting worse. For one day that those prices moved, Ted remembered, it was around 1,700 basis points over treasuries. That was the equivalent of something 60% of all of the commercial real estate that underpinned these assets had to go bankrupt with no recovery. Fund’s net asset value goes to less than zero On that great day of loss, all the money in the fund was gone, in fact, more than all the money in the fund. The fund net-asset value (NAV) went to zero. They could have described it as poor risk management, you could have described it as being involved in the drive by shooting. So what what happened, though, was that most of the principals in the organization had all of the their money invested alongside the client and lost all of it. Perot lost maybe $500 million, maybe it was more. But he did decide against putting billions back in the trade to get to the other end, which was the implicit reason why they would be able to withstand turmoil. Events were around the time Madoff was exposed This was all around the same time or a little bit before news about Bernie Madoff emerged. But at least today most of the investors have probably gotten most of their money back with all of this recovery from Irving Picard. But for Ted and his team, they only held a 2%-3% position in the portfolio, and therefore could withstand the hammering. But it was one of those examples that the market can stay rational longer than you can stay solvent. And that really anything can happen. There was nothing about the fundamentals of these assets that would have told you this could have happened, Ted says. “You could have described it as poor risk management, you could have described it as being involved in the drive by shooting … what happened, though, was most of the principals in that organizsation had all of the their money invested alongside the client and lost all of it. Ross (Perot and his family) lost … maybe … $500 million, maybe more.” Ted Seides Some lessons Anything can happen In something you underwrite, in this case an investment management organization that was a great organization that had done everything the right way except for one thing – which was they had leverage and they failed to manage risk in the worst possible moment to be able to withstand the “hundred-year flood” that hit Be very wary of any investment that is leveraged Such a situation can easily lead you to losing control of your wealth and future. Ted talked about how markets can stay rational longer than an investor can stay solvent. He said that not only is this true, but all investors are not immune to this happening. If using leverage in your strategy, you absolutely must understand how you’re going to survive a big storm   Andrew’s takeaways The key lesson is the issue about leverage Overconfidence can creep in and lead to dangerous decision But it’s very human and happens all the time. In the investment field, analysts, researchers and allocators are paid for strong opinions and to “putting their money where their mouth is” and convey belief in their opinion. That can lead to overconfidence, which can creep in despite being years of discipline and one day the self-belief overreaches and the money injected is excessive. It’s then that big losses occur. Diversification was key for Ted While the lack of it wiped out the fund he was investing in, it didn’t wipe out Ted because he had used the diversification technique of sizing his position. Two main risks an analyst should look out for when analyzing companies Leverage Forex If a company has no debt, and no foreign exchange exposure, a huge amount of potential risk is eliminated.     Actionable advice All investors should get a lot more creative on how much worse it could get than the worst-case possible outcome, because again: “Anything can happen.”   No. 1 goal for next the 12 months To figure out how the work he has done on his own podcast can best benefit an investment organization.     Parting words “Andrew, keep this up. It’s a lot of fun and it’s a terrific way of trying to tease out lessons.”   You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr. Deming’s 14 Points Learn with Andrew Valuation Master Class - Take this course to advance your career and become a better investor Connect with Ted Seides LinkedIn Twitter Website Podcast Connect with Andrew Stotz astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast   Further reading mentioned Larry Kochard and Cathleen Ritterheiser (2010) Top Hedge Fund Investors: Stories, Strategies, and Advice Ted Seides (2016) So You Want to Start a Hedge Fund: Lessons for Managers and Allocators Ted Seides (2006) Let’s Don’t Wait Til the Water Runs Dry, published in the Economics and Portfolio Strategy newsletter, Peter L. Bernstein (ed). FA, is the son of a teacher and a psychiatrist. Perhaps by genetic disposition, he is passionate about sharing his insights and investing in people. He is the chief investment officer of Perch Bay Group, a single-family office he joined in 2017 to manage a diversified portfolio of direct and fund investments across asset classes. Ted produces and hosts the Capital Allocators Podcast, which by the by the end of 2018 had reached one million downloads. From 2002 to 2015, Ted was a founder of Protégé Partners and served as president and co-chief investment officer. Protégé was a leading multibillion-dollar alternative investment firm that invested in and seeded small hedge funds. Ted built the firm’s investment process and managed the sourcing, research, and due diligence of its portfolios. In 2010, Larry Kochard and Cathleen Ritterheiser profiled Ted in Top Hedge Fund Investors: Stories, Strategies, and Advice. Sharing the lessons from his experience, Ted authored So You Want to Start a Hedge Fund: Lessons for Managers and Allocators in February 2016. He began his career in 1992 under the guidance of David Swensen at the Yale University Investments Office. During his five years at Yale, Ted focused on external public equity managers and internal fixed-income portfolio management. Following business school, he spent two years investing directly at private equity firms, Stonebridge Partners and J.H. Whitney & Company. With aspirations to demonstrate the salutary benefits of hedge funds on institutional portfolios to a broad audience, Ted made a non-profitable wager with Warren Buffett that pitted the 10-year performance of the S&P 500 against a selection of five hedge fund of funds from 2008-2017. Ted is a columnist for Institutional Investor, wrote a blog for the CFA Institute’s Enterprising Investor, and wrote guest publications for the late Peter L. Bernstein’s Economics and Portfolio Strategy newsletter. He is also a trustee and member of the investment committee at the Wenner-Gren Foundation, an active participant in the Hero’s Journey Foundation, and is a decade rider with Cycle for Survival. He previously served as a trustee and head of the programming committee for the Greenwich Roundtable and as a board member of Citizen Schools-New York. Ted holds a BA in economics and political science, Cum Laude, from Yale University and an MBA from Harvard Business School.   “It was one of those examples that the market can stay rational longer than you can stay solvent, and that really anything can happen. There was nothing about the fundamentals of these assets that would have told you that this could have happened.” Ted Seides   Support our sponsor   Today’s episode is sponsored by the Women Building Wealth membership group, the complete proven step-by-step course to guide women from novice to competent investor. To learn more, visit: WomenBuildingWealth.net.     Worst investment ever Ted chose one of his worst investments ever based on its outcome. In 2002, during his early years at Protégé Partners around the launch of that fund, one of the core investments they were making was in a multi-manager hedge fund portfolio. Within that portfolio, one of the core investments was in a relative-value arbitrage hedge fund called Parkcentral Global Hub. Principled fund group included Perot family It was a group that had spun out of or was included in the family office of the late Ross Perot. And the group had been managing its strategy for a long time very successfully in a kind of value-oriented, relative-value manner with a very long time horizon. There was a tremendous amount of co-investment (a minority investment made directly into an operating company alongside a financial sponsor or other private equity investor, in a leveraged buyout, recapitalization or growth capital transaction). Perot had put around US$500 million into the fund and there were highly skilled people running it. Seides said it was a rare case of an investment management organization run with great business principles. Fund launches in 2002 and grows to nearly 3bn in assets The fund launched to outside investors in July 2002, growing to US$2-3 billion in assets until they closed it to new investors. It continued to progress well under the goal of making 10%-12% a year with relatively low volatility. And they had done that historically. They found new structures and strategies, were very insightful and had good communcations enabling investors to know exactly what was going on. Few blips in Spring 2008 but nothing major But, heading into Spring 2008 the situation became shaky for them. A few things went wrong, but they were within the bounds of their understanding of risk and in the summer and into the fall, they would come by the office and said their largest position was a relative-value trade in the commercial mortgage-backed space. Out of the 2008 crisis, most people remember that subprime residential mortgages blew sky high. But in the commercial mortgage space, if considering the fundamentals, there were apparently few problems in the economy. Serious concerns aroused after fund loses 13% by September’s end But strange things were happening in the capital markets because of the turmoil, especially in September. The fund survived the Lehman bankruptcy in October, but going into November, they had a particular trade where they were going long in some senior debt – commercial mortgage-backed securities. The senior debt was priced as if something like 40% of the underlying commercial real estate would have to default with no recovery at all. And all because of the turmoil that was happening in the markets. It was so bad that the fund managers said it no longer made sense to continue to hedge with the junior debt because it had gone down so much that it was not really hedging anything, so they let all the clients know what was happening. By the end of the month, Parkcentral Global Hub had lost 13% of its value, in part because of commercial mortgage-backed securities, an affidavit from the Bermuda liquidators now says. October takes another 26% out, reducing net-asset value to under US$1.5bn In October, the fund lost an additional 26% of its value, reducing the fund’s net assets to just under $1.5 billion. November darker As November rolled in, the situation got worse. Losses continued early in the month and accelerated beginning in November 12, as the bottom fell out of the commercial mortgage-backed securities market. In just one day, November 18, the fund lost $300 million. In that deadly six days in November, his office in New York was saying that they kept putting money into the trade, backing the collateral, but it kept getting worse. For one day that those prices moved, Ted remembered, it was around 1,700 basis points over treasuries. That was the equivalent of something 60% of all of the commercial real estate that underpinned these assets had to go bankrupt with no recovery. Fund’s net asset value goes to less than zero On that great day of loss, all the money in the fund was gone, in fact, more than all the money in the fund. The fund net-asset value (NAV) went to zero. They could have described it as poor risk management, you could have described it as being involved in the drive by shooting. So what what happened, though, was that most of the principals in the organization had all of the their money invested alongside the client and lost all of it. Perot lost maybe $500 million, maybe it was more. But he did decide against putting billions back in the trade to get to the other end, which was the implicit reason why they would be able to withstand turmoil. Events were around the time Madoff was exposed This was all around the same time or a little bit before news about Bernie Madoff emerged. But at least today most of the investors have probably gotten most of their money back with all of this recovery from Irving Picard. But for Ted and his team, they only held a 2%-3% position in the portfolio, and therefore could withstand the hammering. But it was one of those examples that the market can stay rational longer than you can stay solvent. And that really anything can happen. There was nothing about the fundamentals of these assets that would have told you this could have happened, Ted says. “You could have described it as poor risk management, you could have described it as being involved in the drive by shooting … what happened, though, was most of the principals in that organizsation had all of the their money invested alongside the client and lost all of it. Ross (Perot and his family) lost … maybe … $500 million, maybe more.” Ted Seides Some lessons Anything can happen In something you underwrite, in this case an investment management organization that was a great organization that had done everything the right way except for one thing – which was they had leverage and they failed to manage risk in the worst possible moment to be able to withstand the “hundred-year flood” that hit Be very wary of any investment that is leveraged Such a situation can easily lead you to losing control of your wealth and future. Ted talked about how markets can stay rational longer than an investor can stay solvent. He said that not only is this true, but all investors are not immune to this happening. If using leverage in your strategy, you absolutely must understand how you’re going to survive a big storm   Andrew’s takeaways The key lesson is the issue about leverage Overconfidence can creep in and lead to dangerous decision But it’s very human and happens all the time. In the investment field, analysts, researchers and allocators are paid for strong opinions and to “putting their money where their mouth is” and convey belief in their opinion. That can lead to overconfidence, which can creep in despite being years of discipline and one day the self-belief overreaches and the money injected is excessive. It’s then that big losses occur. Diversification was key for Ted While the lack of it wiped out the fund he was investing in, it didn’t wipe out Ted because he had used the diversification technique of sizing his position. Two main risks an analyst should look out for when analyzing companies Leverage Forex If a company has no debt, and no foreign exchange exposure, a huge amount of potential risk is eliminated.     Actionable advice All investors should get a lot more creative on how much worse it could get than the worst-case possible outcome, because again: “Anything can happen.”   No. 1 goal for next the 12 months To figure out how the work he has done on his own podcast can best benefit an investment organization.     Parting words “Andrew, keep this up. It’s a lot of fun and it’s a terrific way of trying to tease out lessons.”   You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr. Deming’s 14 Points Learn with Andrew Valuation Master Class - Take this course to advance your career and become a better investor Connect with Ted Seides LinkedIn Twitter Website Podcast Connect with Andrew Stotz astotz.com LinkedIn Facebook Instagram Twitter YouTube My Worst Investment Ever Podcast   Further reading mentioned Larry Kochard and Cathleen Ritterheiser (2010) Top Hedge Fund Investors: Stories, Strategies, and Advice Ted Seides (2016) So You Want to Start a Hedge Fund: Lessons for Managers and Allocators Ted Seides (2006) Let’s Don’t Wait Til the Water Runs Dry, published in the Economics and Portfolio Strategy newsletter, Peter L. Bernstein (ed).  

As November bites, Rob and Paul run easy through the woods. Featuring flatulence without frontiers, the Shamen for some reason, maintenance running, the return of the policemen, why maths matters, and your marvellous PBs - vs their marvellous noises. Support this show http://supporter.acast.com/runningcommentary. See acast.com/privacy for privacy and opt-out information.

Welcome to the eighth episode of Between the Beltways. As November elections approach, hosts Deepan Chatterjee, Ph.D, and Shreyasi Deb, Ph.D., welcome Zach Cohen, political analyst and Senate correspondent of the National Journal, back to the show for a wide-ranging discussion of likely prospects in local and national races. This podcast is brought to you by Audible. Get access to over 180,000 audiobooks with your first month free.Just visit www.audibletrial.com/aois21 and your first book is on us! Additional sponsorship is provided by Target. Stock up now for back to school and save on shipping for all online orders $35 or more. Visit Target.com and save! Don’t just listen! Stay up to date with @BtBeltways on twitter, Facebook.com/BtBeltways, and blogging on BetweenTheBeltways.wordpress.com. Find Between the Beltways on Podomatic, Apple Podcasts, Stitcher Radio, Google Play, Tune In, and audio.aois21.com.

As November 6th approaches, we talk voting and how to become a more engaged and informed citizen. Dr. Grove also touches on the history of voting in the U.S. and how the process has changed (or not) to adapt with modern society and culture, and how factors like gerrymandering and voter suppression pose a challenge to our democracy.

The holidays aren’t exactly around the corner. But for businesses, it’s time to get ready for the season of giving, right now. Today, we discuss why prepping for the holidays early is the best way to make the most of this annual opportunity. As November approaches on the Western calendar, you need to have your […] The post MBA1114 How to Prepare for The Holiday Season To Get More Sales appeared first on The $100 MBA.

As November reaches it conclusion, and the world still hasn't disappeared in a flash of fire, we continue the Punky mission and bring you another great set of tracks from Escobar, Spoon Fazer, The Higsons, Pussycat And the Dirty Johnsons, Port Sunlight, Throwing Stuff, The Nightingales, The Sinatras and Thee Dirt Byrds.Escobar, Comedy Suburbs, Tony's one talent, To The Outside Of Everything compilation, Tony has your Facebook comments, we've hit 1000 Facebook likes, Amazingstoke, Tony went to the Nottingham Youth Orchestra concert, Paul has been watching the Ashes, Cricket commentary, Killers as The Trip, road rage, reading music, From the Vaults, Tony's International Gig Guide, Punky Gig of the Week, The Doghouse, the week ahead, Tony has finished his iOS app, Paul has Friday night off!, music these days, Izzatwat, the upcoming Royal wedding, Harry's stag do and a reminder of the stations which carry us.Song 1: Escobar - MisbehaviorSong 2: Spoon Fazer – Different DancesSong 3: The Higsons – I Don’t Want To Live With MonkeysSong 4: Pussycat And the Dirty Johnsons – Pretty Good For A GirlSong 5: Port Sunlight – Never KnewSong 6: Throwing Stuff – Five Pound BeersSong 7: The Nightingales – Idiot StrengthSong 8: The Sinatras – Happy FeelingSong 9: Thee Dirt Byrds – Looking On The Street

As November begins, a Louisville sports update on football and men's basketball. Where do those two programs stand? First, we start with our U of L football writer Jake Lourim, who we ask about Lamar Jackson, about coaching, about team mentality and about much more. Then, after about 20 minutes, I answer the question I always get: What do I look for in hoops scrimmages and preseason exhibitions? What kind of observations can we make? Well, I have a lot of them.

BECAUSE HE’S WORTH IT - Part 1 -The Audience of One (Isaiah 67) As November arrives we are reminded that 2016 is slipping away and 2017 is just around the corner. In a few short weeks we will celebrate Thanksgiving. Learning how to better praise our Heavenly Father for who He is, what He has done for us and what He is about to do seems so fitting for those who truly know Him.

With the mud now frozen hard, Army Group Center advances on Moscow, deciding the weak link is just to the NW of the city. This guess proves correct. As November 1941 comes to an end, the leading German units are just miles from the capital and can see the spires of the Soviet Capital. Learn more about your ad choices. Visit megaphone.fm/adchoices

As November approaches, we take a look back at the biggest moments from the Colorado Rockies' 2015 season. Listen in as we relive some of the biggest home runs, Nolan Arenado's acrobatic defense and much more.

As November approaches, we take a look back at the biggest moments from the Oakland Athletics' 2015 season. Listen in as we relive Sam Fuld's remarkable catch against the Astros and Pat Venditte's debut.

Welcome to Asian Pop Radio Australia's 'Hello Kpop Express News Update' for November 3, 2014. The boys of SHINee have been revealed to be holding their first ever performances at Tokyo Dome in March of next year. The concerts will be held as a special adaptation to their current Japan tour that started back in September and will feature all of the group’s latest hits. SM Entertainment have also announced that SHINee’s 11th single-album is set to be released prior to the Dome concert. B2ST appeared to have had a good weekend, taking home the #1 trophy on Inkigayo yesterday for their hit song ’12:30’. The boys were up against some tough competition, beating both Super Junior and Epik High. In addition to the win, the song also climbed its way back to the #1 spot on the Melon charts. 100%, who have already held 4 solo concerts in Japan, will finally be holding their first ever solo concert in Seoul this November. The boys are set to perform all of their hits from their debut to now, including the song ‘You’re Pretty’. As November 11 quickly approaches, YG Entertainment are pumping out the teasers. A fourth teaser image was revealed yesterday combining two previous images with a new image showing what appears to be a male member, possibly hinting at a co-ed group. Although nothing has been confirmed, some fans have guessed that the unknown members are Minzy, Lee Hi and Lee Soohyun. Cheers, more from the #APRAfamil tomorrow. Head to fb.com/asianpopradio and like us to keep up to date. Visit Hellokpop.com regularly for your Kpop fix. Thanks to our News Director cassie Hawton for todays update.

As November brings cold, dark cycling conditions to Britain, there's no better time to get out the maps and start dreaming up adventures for next year. How about 20,000 miles across Africa? That's a journey recently completed by Pete Gostelow. After crossing the Sahara, the Congo and the Namibian badlands, will Pete survive the mean streets of south London in a rolling interview? This is the first of a two-part feature. Continue reading →