Podcasts about Bankers Trust

Mark Farrington is a Global Macro and Geopolitical Strategist and author of the 'Watchtower Reports,' which cover topics ranging from geopolitical risk to Bank of Japan monetary policy to US dollar dynamics. He previously served as Managing Director and Portfolio Manager of the Macro Currency Group at Principal Global Investors, where he worked for fifteen years. Before that, he spent 17 years in the Asia-Pacific region, primarily with Bankers Trust. In this podcast, we discuss: US Embrace of Industrial Policy and Self-Sufficiency China's Supply Chain Strategy and Retaliation: Barriers to RMB Internationalisation China's Strategic Interest in Gold Enduring US Dollar Dominance Geopolitical Alpha and Experiential Learning Convergence of Allies on US Worldview Fragility and Vulnerability of Europe Financial Crisis Catalysts: Inflation and Volatility The Threat of Systemic Volatility Books mentioned: Theory of International Politics (Kenneth N. Waltz), The Black Swan (Nassim Nicholas Taleb), The Tipping Point (Malcolm Gladwell), Weaving the Net: Conditional Engagement with China (James Shinn), The Meiji Restoration (W.G. Beasley), The Anarchy: The Relentless Rise of the East India Company (William Dalrymple). You can follow Mark's work here.

In the 1980s, before Internet marketing had even really begun, our very special guest today and returning champion was working as a tech writer in the foreign exchange trading department of Bankers Trust in New York. In his new book “How The Web Won,The Inside Story of How a Motley Crew of Outsiders Hijacked the Information Superhighway and Struck a Blow for Human Freedom,” Ken McCarthy writes: “Working with foreign exchange traders taught me an important lesson about the need for speed in business: Windows of opportunity open and close fast. That understanding, combined with my ‘discovery' of the rudiments of direct marketing, has been worth millions to me and a whole lot more to my clients.” That's one of the many powerful lessons from Ken's new book, “How The Web Won.” He's been around Internet marketing longer than anyone else I know–and possibly longer than anyone, period. In 1994, he sponsored the first conference about the business potential of the World Wide Web. With keynote speaker Marc Andreeson, at the time, the 23-year old co-founder of Netscape, an early Internet browser and the first important one. Time magazine pointed out that Ken was the first person to identify the importance and business power of the click-through rate, which today, of course, is the basis of the roughly half-a-trillion-dollars a year Facebook and Google make selling pay per click advertising. In 2002, Ken started an event called The System Seminar, which I attended a few years later myself. Met Frank Kern, Gary Halbert, Harlan Kilstein, and a whole bunch of other people who were, or became, legends in direct marketing. We could spend the rest of the show talking about all of Ken's accomplishments, but I'd rather he tell you about his book, “How The Web Won.” So Ken, welcome, and congrats on your new book! 1. So in 1993, you attended a conference called One BBS CON. I'm not sure from your book if that was the moment that changed your life, since you'd been doing some pretty good pulling rabbits out of hats with direct marketing before then. But could you talk about if that was an inflection point and how what you learned at that conference influenced you going forward? 2. Could you talk about being invited to Dan Kennedy's conference in 1993? I can't imagine a lot of the hard core direct marketers who paid $5000 to be there were all that receptive at that time to what you had to say. Were they? 3. Until 1989, it was forbidden by the U.S. government to use the Internet for commercial purposes. How fast did that change in the 90s, and what were the key moments for that? How did your San Francisco conference fit into all of that? 4. When did Internet marketing as we know it today really start to get traction? 5. What would you say was the big mistake made by many of the companies that went bankrupt in the dot-bomb of 2000 – and how long did it take for the direct marketing way of thinking take to catch on? 6. What prompted you to launchThe System seminar in 2002? 7. Any other key moments between the early days and today, that you'd like to talk about? Ken's book, How The Web Won https://www.amazon.com/dp/B0DM2GN91Q HowtheWebWon.com Get in touch with Ken at: https://kenmccarthy.com Download.

Cia Buckley Marakovits joins Brandon Sedloff on The Distribution to walk through her journey to President and Chief Investment Officer of Dune Real Estate Partners. She reflects on formative experiences at Bankers Trust, JER, and ultimately Dune, weaving together lessons in capital markets, risk management, investor relations, and leadership. Cia discusses what it means to lead in the “private of private” asset classes, how she defines high-yield investing, and the opportunities created by capital inefficiencies. She also shares candid perspectives on loneliness in leadership, the importance of trusted peers, and the evolving role of women in real estate. They discuss: Why her career in real estate began with a phone call and a box of belongings Lessons from working alongside Dick Gunthel, Joe Robert, and Dan Neidich How high-yield investing differs from “opportunistic” or “value add” real estate Why today's market cycle is defined by an elongated de-leveraging period The power of relationships and diversity in driving investment performance A valuable episode for investors and operators interested in capital markets strategy, leadership, and navigating private real estate. Links: Dune Real Estate Partners - https://dunerealestate.com/ Cia on LinkedIn - https://www.linkedin.com/in/cia-buckley-marakovits-96722111/ Brandon on LinkedIn - https://www.linkedin.com/in/bsedloff/ Juniper Square - https://www.junipersquare.com/ Topics: (00:00:00) - Intro (00:01:58) - Cia's background and career (00:21:39) - Transitioning to Dune (00:28:20) - The correlation of loneliness and success (00:32:42) - The state of Dune today (00:37:33) - High-yield real estate (00:40:50) - When opportunistic deals make sense (00:45:05) - Private Real Estate in a world that pushes transparency (00:48:57) - The 2025 cycle (00:51:48) - The role of women in Real Estate

Jorge creció en una familia numerosa y resiliente, guiado por mujeres fuertes y un sentido claro de responsabilidad.Hoy lidera HSBC México y Latinoamérica, y en esta conversación con BlancaJuana habla de sus aprendizajes personales y profesionales, desde su infancia hasta momentos críticos como el 11 de septiembre y la pandemia.Reflexiona sobre cómo ha cambiado la banca, el papel de los grupos de afinidad, y la importancia de crear entornos donde cada persona pueda ser auténtica. También comparten anécdotas sobre paternidad, liderazgo sin ego y el programa Mujeres al Mundo.Para Jorge, un buen líder quita obstáculos y proyecta a su equipo, no a sí mismo.Acerca de Jorge:Es licenciado en Finanzas y Economía por la Universidad Pace de Nueva York. Inició su carrera en 1990 como vicepresidente en Citibank, y más tarde fue director administrativo en Bankers Trust.En 1999 asumió la dirección general de Deutsche Bank México, donde también fue managing director global. Permaneció 21 años en la institución. Después se integró a Santander México como director general adjunto de Banca Global y Mercados.Tiene una trayectoria destacada en banca global, mercados financieros y gestión estratégica.

   Are you approaching the end of your primary career and wondering what comes next? It's a common dilemma, but what if there's a way to embrace this new chapter with purpose and excitement? In today's episode, we're joined by two incredible guests who've navigated this transition with success. Caroline Brecker, co-founder of Third Half Advisors, and Polly Chandler, a strength coach at the company, share their inspiring stories of how they reinvented themselves after leaving long careers to help others do the same. Caroline, with her extensive finance background, and Polly, a seasoned coach and facilitator, offer unique insights into how we can create the next phase of our lives with intention. Whether it's finding a new purpose through coaching, consulting, or simply embracing a new path, you won't want to miss this conversation about reimagining the rest of your life. Tune in to discover how to take that next step and thrive in your “third half!” — Watch the episode here Listen to the podcast here     What's Next? With Caroline Brecker And Polly Chandler How To Rewire Yourself How many of us have reached a point in our lives where our primary careers are coming to a close and we're trying to figure out what to do with the rest of our life? We have two guests, a bit of a switch who made the transition and started another great phase of their lives. Caroline Brecker is the Cofounder of Third Half Advisors. Her background includes many years in finance with Stints at JP Morgan Private Bank where she oversaw $40 billion. Polly Chandler is a strength coach at Third Hald Advisors. Her background as a seasoned coach, curriculum designer and facilitator who played a key role in launching one of the first NBA's sustainability in the country led to her involvement with Third Half Advisors. Welcome to the show. Thank you, Gail. Thank you. Many of us reach this point in our lives where we're in endpoint with our career and so many people I've talked to the years, flounder because you've been successful, enjoyed a career but you want to do something else and don't know what it is and what to do. Tell our readers, if you will Caroline. Where were you in your life when you decided to retire from JP Morgan Private Bank and you need to figure out what's next? Excellent question. I retired from Morgan after decades of being there. The organization had evolved to a much bigger enterprise and was a place         that I probably was ready to move on from in terms of my own personal growth. Coincidentally to that, my husband was retiring and a dear friend of mine, Campbell Garish who is the cofounder of Third Half was also stepping back from his firm. While I was doing consulting work, I was watching these two try to navigate the stepping back part and it was amazingly complicated.       Need For Transition Support I was surprised at how many fragmented resources or lack of resources there were out there, especially in a trusted environment way. Again, our longevity has changed so dramatically. Over the last century, we've gained 30 years practically in life longevity and to know the people would be floundering around for not just months but potentially years was striking to me and Campbell and my husband. It spoke to a need in the marketplace for some community to help people have a little light structure in thinking through this next chapter. It was a very compelling need and something I found deeply interesting from my own work with individuals and families. Polly, how about you? My transition very much came from an intentional activity of logging what was energizing and what was draining me. I kept track of it for several months while I was still the Chair of the Department of Management at Antioch University. Over time, I saw a pattern, which was what was energizing me most was coaching and mentoring students and faculty and transitions. What was draining me were some of the academic responsibilities and committees and things like that. I took a giant leap, reinvented myself and began my next career as a coach and facilitator then had the happy coincidence of meeting Campbell, and Caroline and became part of the team. How did you all meet? How did you meet Carolina and Campbell? They asked me to help with a workshop they were delivering because they had another facilitator who I had taught with. Unbeknownst to me, what I was stepping into, I was just headed off to Connecticut to do an hour and a half workshop for Third Half Advisors and before you know it, I was a major part of the team. I am honored to be a part of the work to help people find their way and get inspired and energized for their futures. Polly, it sounds like you had a very logical road map that you set up for yourself to figure out what to do next. Caroline, did you have that too or did you was your approach a little different? The irony is, that's the benefit of being a coach. Polly has a set of tools that she had was thinking through to make the transition for us, the people if you will. That's part of the challenge that we, Campbell, myself, my spouse, and other people in our peer didn't have a set of tools to help navigate this. People are so in love with the autonomy and freedom they have when they transition but, in some ways, they need that life structure and toolset also to help navigate. Our society has created this arc where we're considered “done” in our late 50s and early 60s, yet we potentially have an entire lifetime ahead of us to pursue meaningful work and purpose. It's a real teeter-totter between enjoying the freedom one has and creating a plan for yourself. That's what in Third Half Advisors we spent a lot of time creating. It's those tools and light structure to help people think through the blueprint that Polly just mentioned. It has been transformative for the people that we work with. Again, when I was transitioning as well as Campbell, it didn't seem like there was a lot out there to help people with that light structure. They're lots of tools for leaders who are actively involved in their workplace. In fact, there's lots of tools from adolescents in helping with transition but a remarkably few tools as page. Longevity & Lack Of Past Tools To your point about our longevity has changed so much, that's part of the reason that we never had those kinds of tools available to us. For me in my case, I had a marketing research consultancy for years and I got out of it because the industry was changing and my life had changed. I was on a vacation and they often say something you get ideas when you're taking a shower or flying in a plane or whatever. I was listening to a show of somebody I had met in New York and I thought, “I could do that. That's what I used to do. I used to interview people.” That's how I got started. It got the wheels cheering but it wasn't like there was a tool set out there for me either. It took a while. Gail, to your point about the longevity piece. If you're 60-year-old, you have a greater than 50% chance of living to 90 plus. That's a lot of time. Our society is created this arc of we're all done in our late 50s and early 60s, but we almost have a lifetime left potentially of what we could be doing. Society hasn't quite addressed that and we need to create more forums, trusted environments and tools for people to address all that time. What we found is what made people very successful in their careers in a quite different tool set for this next phase where people are grappling with authenticity. They want to be in a more portfolio life strategy, meaning it's not just one thing they're doing but a variety of things. I was going to add. The one thing we've noticed is that people don't even find the word retirement fits with this longevity. We're rewiring. Transition and we make transition through 2 or 3 more times before we pass away. The thing is, even that model of retirement doesn't fit with this model of longevity. On your website, you use the metaphor like a rugby match. I was wondering how you compare life to rugby match. I thought that was a great metaphor. Could you tell our readers a little bit about how that came about?         To be honest, I'm not a rugby player. Nor am I. Campbell was a rugby player at university. Campbell who couldn't be with us is also a co-founder of Third Half Advisors. As we were thinking about what a good name would be for this program, he was reflecting on his university days where rugby is one of the few games where the opposing teams go to the bar afterwards and enjoy the company of each other and the competition melts away. People just enjoy the camaraderie and the stories of the game, which is analogous to this dividend part of life and that, “This should be the best part of our lives when we are at a point where we can enjoy the fruits of our labor, the competition, and the warrior part of our life.” Reflect and enjoy each other and the community. Also, it's called the third half but in addition, it's that incongruity third half signaling math complication of later life. We don't know how long we're going to live. Is it a full half? It fit nicely in this celebratory third half, which is what rugby players call that and a little bit of the unknown for what this the stage of life is for many people. It stuck and we've continued to use that name. Polly, you're the strength coach. Tell us what that means. During major transitions, people often lose touch with what truly energizes them. They may recognize their talents but forget what they love to do most. Using StrengthsFinder All of the participants in our programs take the Gallup StrengthsFinder Assessment. This is a tool that we have found is incredibly empowering because sometimes, when people are in this big transition, they've lost track of what their greatest energy comes from. They may know their talents but they may have lost track of, what is it I love to do most of all? The StrengthsFinder assessment is a scientific based tool designed by a large group of organizational psychologists from Gallup that has high reliability and validity. Almost 5,000 people a day take it. What we know about it is that one people can name and their strengths, they have a much more likely to be successful and they can create a strategy that is going to be life-giving because they're in their strength zone. We use it as a tool for coaching, programmatic design, and also for just following and tracking our people to check in, how are you doing? Where are you getting stuck? Some of our greatest weaknesses are when we're misusing some of our greatest talents. Walk me through if somebody were come to Third Half Advisors. What happens initially? Tell our readers a little bit about your process. I'll just start because this is the part where I love. We sit with people, Caroline, Campbell and I and we hear their story. We listen in to hear like what's going on, what's going well, what's exciting you, what are you worried about, and where are you stuck. By listening to them and understanding where they're coming from, we can help direct them to which of our program options is going to be the best fit. We have a couple of modalities. One is virtual programming born with many organizations during COVID. We have a group program that is what we call the Blitz version, which is to chunky days of group conversation coupled with individual coaching. As Polly mentioned also, we have one-on-one coaching as well. There's an independent series that people can take. That's the virtual realm. In addition, we have in-person retreats. We have both our own and we work with affinity groups to have programs that lasts anywhere from one day to two and a half days. Those are also extracted. Where are those retreats held usually? They're all over the country. We've had them everywhere and continue to build that piece out because people seem to be craving getting together. As a follow-up, we have what we call Lift Series, which is topical information from experts. It's meant to be interactive on Zoom to help people follow up with things that are on their minds around managing the portfolio life. Age doesn't necessarily have a number—it depends on mindset. Some younger people act much older, and some older people remain youthful in spirit. For us, we are launching a executive women's membership group that's happening and then we will additionally be having a Third Half membership model in the fall. Again, that's to help people think about everything from creative pursuits to board membership, being a director to consulting work to work travel. Those are all the things we're working with clients on. I keep getting things on LinkedIn myself. I don't know if they're bogus or not, about, “We want you to be on our board or whatever.” I don't have an interest in that but I'm not sure they're even legitimate. It's through LinkedIn. I'm getting as well a lot of different types of solicitations. I'm not sure where they're not necessarily coming from. I would say the board work in general that they have is emblematic of what people love to do because it's flexible. It doesn't require a consistent obligation. The construct of it is nice because a couple times a year, potentially. You have a group of interesting people around a common goal in the company. Often, for public companies, there's either equity or potentially compensation associated with it. What I would say, though, is boards and board membership are not all created equally. To Polly's point, you want to be careful when you go on a board that it's a role that you want. If you spent your whole career on governance and that's not something that likes you up. Don't join a board where you're head of governance all of the sudden because filling a calendar for our group, what we're finding is that's not energizing. We want to be careful with our clients to make sure it's what they're moving towards of burning yes. Not just building their calendar with stuff to spend time on. The essence board work is appealing but it can be created in other ways like consulting and other types of flexible opportunities. To Polly's point, we want to make sure these are very individual conversations around what those next stage looks like. I would say no to people that are going the same way. Caroline, do you notice any trends among different ages? In other words, if people come to you who are, let's say, 65 or 75 maybe or maybe a little older. Are there any trends of what these people end up doing? It's interesting because I don't know if chronology is the factor more than curiosity. To me, I see amongst all age groups that curiosity dictates the next step. Clearly, people who are in their later 70s and 80s have slightly more challenging health experiences. They may also be with a partner who's having nice experience. That caregiving role is something that's entering in more explicitly for that age group but Polly, I'm curious about your thoughts as well. Not to sound cliché but age doesn't necessarily have a number because it depends on the mindset. There are some much better people who act much older and vice versa. Polly, maybe you want to add in your thoughts.         One of the beauties of the Third Half Advisors is we attract anybody from 40 years old to 80 years old and all points in between. It's the cross pollination of these different ages that has helped us to see that there are certain patterns. No matter where you are, whether you're 40 or 50 or 60 or just about to leave your job or been out of work for ten years. People can support, give guidance, and reflect. By being on this familiar path of transition, I would agree with Caroline. It's not so much how old you are as much as a mindset of, what is it I'm longing to do most of all that's going to give me a life filled with joy and energy? Who are the people I want to have walking with me on this journey? What we've noticed is we can have this beautiful pair of a 45-year-old sitting with a 68-year-old and have so much in common. It is those commonalities that they are able to build the next chapter for themselves. You're right. I live in a community where there's people of bearing ages and it is your commonality, whether I have friends who are older than I am or younger that draw you together. The commonality of purpose or feeling like you have a strong sense of purpose is ageless. We do know that there's 33% lower risk of a stroke and 22% of client for people cross the board who have those strong sense of purpose. That is very important no matter what age you are to keep that sense of purpose. That's why it's challenging to have the words like retirement, which means to withdraw. That is technically definition of it and we don't want anyone to be withdrawing. I don't like word senior. I wish they was another word for senior. The other thing that's complicated is the word reinvent because for many people, this is their shot at being authentic and it's not they have to reinvent themselves. It's more about finding the core of who they are and the values that resonate for them that maybe late all along. Some of our exercises take people back to early or dreams and hopes. What we do and why the Gallup StrengthFinder is so helpful is we're focusing on the positive people and the essence of them. We're not trying to change them or make them someone else necessarily. That's also important. Let me ask you this. When somebody comes to Third Half Advisors, the first step would be to maybe sit down with Polly or with Caroline or Campbell or whatever and you do this profiling and you help them figure out. What's the timeline on that? The community piece is so valuable, and the isolation people feel after leaving the workplace can be profoundly untethering. It's driven personally by our clients. Some people are, as you can imagine, we have some successful executives who want results right away. We have to manage those expectations, but sometimes it's a year-long process. This is definitely a very iterative process. Not a one and done type of thing. The timeline is person specific. We try to use tools that they can bring with them on the journey to for however long they want to be engaged in all the unique and wonderful things that a life has to offer. We give them a toolkit that they might use, helps them, they get started, and it can reimagine what's next. Three years from then, it might shift again because there's a change in health, location, or in family structure. They have this toolkit they can go back to and then they sometimes come back to us for a refresh or conversation or coaching session. We like to see ourself is not a one and done company. We want to get people launched in onto their next chapter and season of life but that's why we have these lifts series and retreats. We're trying to encourage people to come back because just like purpose. It's one of the things we all have in common, so is community and having strong sense of community is one of the key things to people traveling together on this. We find people coming to our retreats and they start to form friendships and support each other. We had an example where this group of women were on a retreat and there was a little affinity group of people who were taking care of their parents. They were talking about how hard it was. They were working and had parental care. About ten days after the session ended, one of them lost her father. The outpouring of love from the participants in this group sympathizing and empathizing, what can we do, we're here for you. It was unbelievable how quickly this group of people who had only spent two and a half days together rallied around this woman who lost her dad. That's so nice. That's a great story, Polly. It's powerful. Importance Of Community The community piece is so valuable and the isolation people feel after they leave their workplace is very profound for people and untethering. We talked about the honeymoon period of leaving your work and this dip part. Our job is help with the dip because it can feel very dislocating in the following months of changing workplace. It's been a pleasure talking to both of you. If there's anything else you'd like to tell our readers, they sure like to hear because this has been a fascinating conversation, useful and helpful. Anything else? It's been a pleasure.         The more that we can support each other in this phase of life and continue to reach out for help on this. It's important both for men and women. We hate to hear people silently suffering around this. We certainly hope that people do feel comfortable talking about this because it is a real and challenging thing that our society is facing. Age is a thing in our country and we need to pivot and think about what mastery and community looks like especially as people's families tend to disperse more and community and clan is changing for many people as they age. That was the basis for my starting this show. I feel that older people and we're living longer have so much wisdom to dispense and your life isn't over at 65. That's why I have a lot of older people on the show, too. Much older than you, Caroline and Polly, but it's been a pleasure. How would my readers reach you if they want to reach out to you? What's the best way? It's through our website that they're able to communicate with us. That's hopefully pretty obvious way to just contact us. The website is ThirdHalfAdvisors.com. Gail, you're doing wonderful work as well. Keep on as they say. Thank you, Caroline. It's a pleasure to meet you both. Thanks for inviting us. Bye-bye. Thank you, Gail. Important Links Caroline Becker on LinkedIn Polly Chandler Website Third Half Advisors   About Caroline Becker Co-Founder Accomplished executive, savvy networker, passionate advocate. After more than 25 years of experience in the financial services/investment world—with Bankers Trust, Chemical Bank, and the J.P. Morgan Private Ban—Caroline understands how to synthesize client needs, align them with sustainable solutions, and execute with precision.    About Polly Chandler Program Designer, Senior Coach & Facilitator Polly is expert in the Clifton Strengthfinder, a critical tool for those transitioning into their Third Half and a fundamental part of our core day. Polly helps people articulate their strengths in the context of what brings them joy and energy, providing clarity and direction for members of our community by connecting what people do well to their happiness and purpose.

Tom welcomes back David Kranzler of Investment Research Dynamics to the show. Dave discusses his perspectives on various risks that he sees in the current economic and geopolitical landscape. He expresses concerns about the growing federal debt load in the US and the potential implications of the dollar losing its status as the world's reserve currency. Kranzler also touches upon the geopolitical tensions between major powers like China, Russia, and the US, which he believes could lead to significant consequences for the global financial system if cooler heads don't prevail. On a more positive note, Kranzler emphasizes the potential opportunities in the mining sector, specifically gold and silver miners, as these metals continue to perform well during this economic climate. He highlights several companies that he believes have strong potential for growth. He shares his thoughts on the recent M&A activity in the mining industry and the implications of a potential shift towards a gold-backed currency monetary standard. Throughout the interview, Kranzler offers insights into his investment strategies, discussing the importance of due diligence and staying informed about economic and geopolitical developments while trying to enjoy life despite uncertain times. Time Stamp References:0:00 - Introduction0:58 - Ignoring Current Risks4:32 - U.S. Debt & DOGE7:10 - Trump & China Clash9:50 - Trillion Defense Budget12:08 - Global Dollar Trends14:58 - China T-Bill Holdings17:17 - Trust & Gold Holdings19:13 - Counterparty Risk24:35 - C.B. Secrecy27:56 - Gold Price & GSR31:00 - China Industry & Silver35:43 - Bank Reports & Gold39:12 - Thoughts on Bessent43:53 - A U.S. CBDC Coming?47:28 - Gold & Producers57:14 - Mergers & Acquisitions1:02:15 - Gold/Miner Downside?1:08:04 - Concluding Thoughts Guest Links:Substack: https://miningstockjournal.substack.comTwitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journal David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust. Dave earned a master's degree in business administration from the University of Chicago, concentrating on accounting and finance. He writes a blog to help people understand and analyze what is going on in our financial system and economy.

Tom Bodrovics your host welcomes back Dave Kranzler from Investment Research Dynamics. Kranzler discusses the impact of the upcoming election on national debt and market conditions, expressing concern over the mounting deficit and lack of government spending reductions. He highlights the importance of military spending, handouts, and domestic spending in keeping the economy afloat, but warns of potential economic collapse without significant spending cuts. Kranzler expresses concerns about the U.S. Treasury and the Federal Reserve's gold holdings. He questions their true possession of reported reserves and lack of audits. Kranzler believes that liquidity, not monetary policy, is the crucial factor keeping markets and banks functioning in today's hyper-financialized economy. Despite the Fed's reduction in its balance sheet and hawkish monetary policy, M2 has continued to grow, and over $2 trillion has been drained from the reverse repo facility to finance the treasury deficit and prop up sagging markets. Kranzler expresses his belief that gold's price in dollars is setting up a favorable position and silver's cup-and-handle formation and industrial usage make it an attractive investment opportunity. He also shares his concerns about banks' actual silver positions, the opacity surrounding these positions, and potential consequences if hedge funds request delivery of actual bars from the COMEX market. Kranzler discusses the importance of understanding the production deficit in the silver market and investing in pure silver plays. He emphasizes that all stock purchases involve risk but is currently watching closely mid-tier producers. Kranzler also discusses the role of confidentiality agreements and feasibility studies in attracting larger companies to junior mining projects. He encourages investors to focus on a few stocks they believe in and learn how to analyze these stocks for potential returns. Time Stamp References:0:00 - Introduction0:42 - Election & Market Effects3:24 - Implosion Inevitable4:20 - U.S. Gold Audits & Fed11:57 - Liquidity & Banks16:09 - Fed's Next Move?20:36 - Precious Metals Outlook28:38 - Silver Production Deficit33:26 - Mexico & Mining?36:34 - Silver Miners?43:05 - Silver Speculation?44:44 - Eric Sprott47:07 - M&A Targets?50:23 - Feasibility Studies?55:10 - Streaming Agreements56:34 - Finding Value in Miners1:01:02 - Risks & Considerations1:05:39 - Wrap Up Talking Points From This Episode David's insights on the current state and future trends of the precious metals market. Kranzler expresses concern over mounting national debt and potential economic collapse without spending cuts. The role of royalties and streams in funding mining projects, and the pros and cons. Kranzler's advice to investors regarding focusing on a few stocks and analyzing them thoroughly. Guest Links:Twitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journal David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust. Dave earned a master's degree in business administration from the University of Chicago, concentrating on accounting and finance. He writes a blog to help people understand and analyze what is going on in our financial system and economy.

Dave has over 30 years of experience managing risk across global markets. He is the founder and CIO of Convex Strategies, based in Singapore. Previously, he built and ran emerging markets trading at Fortress, RBS, Bankers Trust, and Bank of America. Dave shares insights about risk management, including identifying flaws in conventional risk frameworks.

Guest: Paul Warley CEO and President Ascent Solar Technologies Website: https://ascentsolar.com Ticker Symbol: ASTI Bio: Chief Executive Officer Prior to Ascent, Warley was president of Warley & Company LLC, a strategic advisory firm from 2015 to 2022 – providing executive management services, capital advisory, and M&A to middle-market companies in the service, construction, technology, oil & gas, clean energy, food, retail and green-building sectors. While at Warley & Company from 2018 to 2019, he was engaged as chief executive officer and CFO of 360Imaging, a provider of products and services for implant surgery and digital dentistry. From 2011 to 2015, Warley served clients in the alternative energy industry as a managing director and chief compliance officer with Deloitte Corporate Finance. From 1997 to 2011, Warley was managing director and region manager for GE Capital. From 1984 to 1997, Warley served as senior vice president with Bank of America and Bankers Trust. Company Bio: Backed by 20+ years of R&D, 17 years of manufacturing experience, numerous awards, and a comprehensive IP and patent portfolio, Ascent Solar Technologies, Inc. (ASTI) is a leading provider of innovative, high-performance, flexible thin-film solar panels for use in scenarios where traditional rigid solar panels don't work. Ascent's photovoltaic (PV) modules have been deployed on space missions, multiple airborne vehicles, agrivoltaic installations, in industrial and commercial construction, and in consumer goods, revolutionizing the use cases and environments for solar power. Ascent Solar's Headquarters & Perovskite Manufacturing Center of Excellence are located in Thornton, Colorado. --- Support this podcast: https://podcasters.spotify.com/pod/show/smartmoneycircle/support

On today's podcast, we'll chat with two global asset-allocation specialists, Omar Aguilar from Charles Schwab and Sébastien Page from T. Rowe Price. Omar is CEO and chief investment officer for Schwab Asset Management. Before joining Schwab in 2011, he worked at a variety of firms including Financial Engines, ING Investment Management, Lehman Brothers, Merrill Lynch Investment Management, and Bankers Trust.And Sébastien Page is head of Global Multi-Asset Investing at T. Rowe Price, where he oversees a team of investment professionals dedicated to the firm's multi-asset portfolios. He's a member of T. Rowe Price's Asset Allocation Committee, and he's also a member of the Management Committee of T. Rowe Price Group. Prior to joining the firm in 2015, Sébastien was an executive vice president at Pimco, where he led a team focused on research and development of multi-asset solutions. And he was a senior managing director at State Street Global Markets before that.BackgroundBios: Omar AguilarSébastien PageBeyond Diversification: What Every Investor Needs to Know About Asset Allocation, by Sébastien PageCurrent Economic Environment“Eight Ways RIAs, Investors View Markets Over the Next Year: Schwab,” by Dinah Wisenberg Brin, thinkadvisor.com, June 14, 2024.“The Fed Will Now Focus on Unemployment and Labor Markets, Says Charles Schwab's Omar Aguilar,” Video interview on Closing Bell: Overtime, cnbc.com, July 15, 2024.“All Eyes on Central Banks,” 2024 Global Market Outlook Midyear Update, troweprice.com, June 2024.“Inflation's Ripple Effect on the Economy,” Market Overtime interview with Omar Aguilar, youtube.com.“Why a Weaker Jobs Market Is Sparking Recession Fears,” by Scott Horsley, npr.org, Aug. 2, 2024.“Inflation Coming Down Too Fast Could Hurt Earnings, Says T.Rowe Price's Sebastien Page,” Video interview on Closing Bell: Overtime, cnbc.com, Jan. 30, 2024.“The Four Horsemen of the Recession,” by Sébastien Page, linkedin.com, June 2, 2023.“US Economy in ‘Solid Position' Despite Slowing Job Growth, Says Schwab's Aguilar,” Video interview on Squawk on the Street, cnbc.com, Aug. 4, 2023.“Special Topic: Can the Fed Cut Rates With Financial Conditions This Loose?” by Sébastien Page, linkedin.com, June 27, 2024.“2024 Global Market Outlook: Tectonic Shifts Create New Opportunities,” by Arif Husain, Sébastien Page, and Justin Thomson, linkedin.com, Dec. 21, 2023.Asset Allocation“Perspective: Asset Classes Versus Risk Factors or Asset Classes and Risk Factors?” by Sébastien Page, The Journal of Portfolio Management, Dec. 31, 2023.“The Myth of Diversification Reconsidered,” by William Kinlaw, Mark Kritzman, Sébastien Page, and David Turkington, The Journal of Portfolio Management, August 2021.“Personalized Target-Date Funds,” by Kobby Aboagye, Sébastien Page, Louisa Schafer, and James Tzitzouris, The Journal of Portfolio Management, March 2024.“The Hottest Debate in Asset Allocation: Value vs. Growth Stocks,” by Sébastien Page, linkedin.com, April 25, 2024.“The Sector X-Ray,” by Sébastien Page, linkedin.com, Aug. 31, 2023.Valuation and Interest Rates“When Valuation Fails,” by Sébastien Page, linkedin.com, May 29, 2024.“Relative Valuation: A Crucial but Imperfect Guide,” by Sébastien Page, linkedin.com, Feb. 8, 2024.“Is the Market Broadening?” by Sébastien Page, linkedin.com, Jan. 8, 2024.“Let's Get Real (About Interest Rates),” by Sébastien Page, linkedin.com, March 7, 2024.Other“The Sahm Rule Recession Indicator Definition and How It's Calculated,” by Mallika Mitra, Investopedia.com, Aug. 5, 2024.

Dr. Ari Bergmann is the founder and Managing Principal of Penso Advisors, LLC, a New York-based global macro and risk management boutique specializing in derivatives structuring/trading and systemic risk mitigation. Prior to founding the firm in 1997, Dr. Bergmann was a Senior Managing Director at Bankers Trust.    Ari received a BTL from Ner Israel Rabbinical College in 1981 and furthered his graduate studies at many prestigious Yeshivot in Israel. He holds an MA and Ph.D. in Comparative Religion from Columbia University, where he studied with Professors Yosef Hayim Yerushalmi and David Weiss Halivni. Ari is an Adjunct Professor at Yeshiva University and before coming to YU, he taught at Columbia University and at the University of Pennsylvania. Ari lectures extensively in Israel, Brazil, Europe and the US on topics of Finance, Talmud and Jewish Thought. In this episode Ari discuesses lessons from the Talmud, and how money is fundraised and spent in the Orthodox Jewish Community    ►Ceremian (Alpert and Associates)   Achieve financial liberty   Email Alpertmoshe@gmail.com    Or call 718-644-1594    What's App Message Here- https://wa.link/w9hdyt __________________________________________   ►Colel Chabad Pushka App   The easiest way to give Tzedaka download the Pushka app today    https://pushka.cc/meaningful _____________________________________   ►Toveedo   The Jewish videos your kids will love all in one happy place!    Stream unlimited videos on your phone, tablet, laptop, desktop, and smart TV.    From new releases, to your favorite classics, and exclusive originals, there's always something new to discover.       See our full library on https://toveedo.com ______________________________________________   ►Nishmat, The Jeanie SchottensteinCenter for Advanced Torah Study   New Classes Start Srptember 8th!   For full class and registration, go to    https://2ly.link/1zLOz ______________________________________________________     ►Town Appliance    Visit https://www.townappliance.com   Message Town Appliance on WhatsApp: https://bit.ly/Townappliance_whatsap ______________________________________________________   ►

Dr. Pippa Malmgren is an American economist, technology entrepreneur, and author known for her expertise in global economics and geopolitics. She served as a Special Assistant to President George W. Bush for Economic Policy on the National Economic Council and was a member of the President's Working Groups on Financial Markets and Corporate Governance. Additionally, she advised on economic risks following 9/11, focusing on terrorism and technology as sources of geopolitical competitiveness. Dr. Malmgren has held significant positions in finance, including Chief Currency Strategist at Bankers Trust and Deputy Head of Global Strategy at UBS. She is the co-founder of H Robotics, a company specializing in commercial drone technology, and the founder of DRPM Group, which helps clients anticipate global economic trends. An accomplished author, her books include "Signals: How Everyday Signs Can Help Us Navigate the World's Turbulent Economy," "The Leadership Lab," and "The Infinite Leader," the latter two having won awards for their contributions to business and leadership literature. She is also a sought-after public speaker and has lectured at institutions such as Sandhurst and the Duke Fuqua Business School.

In this episode of the Grow Your Wealth podcast, we delve into the impressive career of Drew Bradford, a seasoned finance executive with over 30 years of experience in global financial markets. From his beginnings at Bankers Trust and Deutsche Bank to his significant leadership roles and current ventures in blockchain and cryptocurrency, Drew shares his journey and the strategic insights that have propelled him to success. He discusses the evolving landscape of global markets, strategic decision-making, and offers practical advice for both seasoned investors and newcomers alike. [00:00:00] - Introducing Drew Bradford [00:01:00] - Drew's Early Career and Background [00:05:00] - Importance of Relationships with Regulators [00:11:00] - Navigating Cultural Differences in Global Markets [00:15:00] - Pivotal Career Moments [00:19:00] - Challenges and Opportunities in Blockchain [00:21:00] - Tips for Aspiring Entrepreneurs [00:25:00] - Managing Risk and Strategic Decision Making [00:29:00] - Quickfire Questions Follow Drew: https://www.linkedin.com/in/drew-g-bradford iPartners Website: www.ipartners.com.au Register Here: https://ipartners.iplatforms.com.au/register/register-as-wholesale/ iPartners LinkedIn: https://www.linkedin.com/company/ipartners-pty-ltd Follow Travis Miller: https://www.linkedin.com/in/travismilleripartners

Tom welcomes back David Kranzler from InvestmentResearchDynamics.com and Mining Stock Journal to explore the precious metals market's current state, particularly during the summer months. Kranzler anticipates heightened demand in India's largest buying season despite typical decreased volumes. He addresses gold price manipulation by western central banks and institutions, highlighting the influence of eastern hemisphere markets like Shanghai. Banks, such as JP Morgan and Citigroup, dominate Comex trading, making substantial profits through short contracts, technical indicators, and sell stops. Central banks reportedly authorize these actions, making price manipulation lucrative. Kranzler remains optimistic about precious metals, predicting higher prices by the end of Q4 or mid-Q3. Dave shares past experiences in analyzing gold and silver markets by monitoring open interest and positions held by banks and hedge funds. He observes a correlation between net short bank positions and net long hedge fund positions, leading to price rallies or smashes. Reflecting on 2008, he recounts how the financial system's instability did not result in gold and silver price increases due to manipulation. Current concerns include regional banks and commercial real estate debt, potentially leading to another crisis and further precious metals market suppression. Well-run mining producers are thriving amidst rising gold and silver spreads versus production costs, acting like monetary printing presses. Junior project development companies face feast or famine situations, with some easily raising funds while others struggle. Institutional investors like Paul Singer and Stanley Druckenmiller invest in larger mining stocks for leverage effects. The speaker predicts a major shift into the mining sector once the stock market experiences a downturn, leading to price increases for gold, silver, and mining stocks by year-end. The podcast also touches upon the significant impact of Apple, Microsoft, and NVIDIA (the 'magnificent seven') on the stock market. These companies have driven most gains in the S&P 400 and NASDAQ 100. A catalyst, possibly a financial crisis, could trigger capital to shift from these stocks into the mining sector when investors need to liquidate quickly. This occurred in 2008 with Fidelity's funds investing in junior microcap mining companies due to their size. The speaker encourages precious metals sector investors to remain persistent despite current trends and anticipates price increases by year-end. 0:00 - Introduction0:44 - Summer Doldrums?3:30 - Mr. Slammy at Mkt. Opens7:10 - Eastern Pricing & Effects10:00 - Eastern Buying Demand11:20 - Bank Incentives & Metals14:54 - Price Predictions17:32 - Bank Status Now & 200824:39 - Low Grade Q.E. Chart28:29 - Feds 'Control' & Markets32:29 - Buy Now Don't Pay Later33:43 - Middle Class Decline?36:44 - Recession is Here?39:29 - CPI & Health Insurance43:52 - Miners & Capital Issues53:52 - Wrap Up Talking Points From This Episode Kranzler anticipates heightened demand during India's buying season despite decreased volumes and price manipulation by western central banks and institutions. Well-run mining producers are thriving amidst rising gold and silver spreads versus production costs, while junior project development companies face challenges. Institutional investors invest in larger mining stocks for leverage effects, predicting a major shift into the sector when the stock market experiences a downturn. Guest Links:Twitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journalArticle: https://brownstone.org/articles/is-the-global-inflationary-depression-already-here/ David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust.

 #Classical Liberals: Joseph Stiglitz vs Friedrich Hayek as narrated by Richard Epstein https://www.hoover.org/research/progressive-confusion-about-human-welfare 1912 BANKERS TRUST

PREVIEW: #MAG7: Conversation with colleague Elizabeth Peek re the shakiness of the stock market built upon the success of a handful of big tech stocks -- reminding of the Nifty Fifty of the 1950s snd its disappointing end. Details tonight. 1912 Bankers Trust on Wall street

David Dredge is the Chief Investment Officer of Convex Strategies, which is an agnostic value investor in volatility. David has over 30 years experience managing risk across global markets. Prior to launching Convex Strategies, David served as a Managing Director and Portfolio Manager at Artradis Fund Management in Singapore, where he was responsible for the fixed income aspects of their volatility strategy. Earlier in his career, David built and ran Asian and Global EM trading businesses for RBS (ABN AMRO Group), Bankers Trust, and Bank of America. He currently sits on the Monetary Authority of Singapore Markets Committee (SFEMC). This podcast covers: the problem with the BoJ's timid hike, fiscal dominance and the need for bond buyers, how central banks have shifted goalposts on inflation, and much more.    Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

In this episode of Pints of View, Gary Goldsmith talks to Kenny Lawrence about his career in finance and entrepreneurship.   They discuss Kenny's journey breaking into the elite world of banking and private equity without the typical pedigree, and how he was able to create success by thinking differently and adding value when companies needed help. Kenny rose through the ranks at banks like Bankers Trust and restructured troubled businesses. He also shares how he co-founded a drinks distribution company and acquired a stake in Red Bull early on.   You'll also learn about deals he worked on and some of the connections he made in the industry. Kenny provides advice on success in interviews and investing in yourself to control your own destiny.   In this episode you will hear:  Kenny's unconventional path from working at Her Majesty's Treasury to senior roles in banking Deals Kenny worked on and some of the connections he made in the industry  Advice on success in interviews and investing in yourself to control your own destiny   For more information about this episode, Gary's advisory services or the RDLC please email us on POV@garys.world   Follow us on Instagram https://www.instagram.com/pints_of_view_pod/   Pints Of View is the podcast hosted by socialite, in-demand Non-Exec Director, recruitment legend and all-around nice guy Gary Goldsmith. In this podcast, Gary opens up his eclectic Black Book of friends that ranges from international footballers, high street moguls, champion boxers, investment oracles, national team coaches, royal correspondents, business leaders, military special forces, sports club owners, scale-up experts and even conspiracy theorists with a sense of humour! They're all interesting, they've all got different stories, they've all got different backgrounds and they have all got lessons that you will learn a great deal from, alongside a fair few belly laughs too. Plus, as well as the amazing guests, you will also learn that there is a lot more to Gary Goldsmith than what the headlines might have had you believe! Far from just being a loveable rogue and famous royal Uncle, there are insights and wisdom shared that reveal why Gary has been integral to hundreds of millions of pounds of business growth over the years. So, join us for some real, raw and interesting chats down at the pub - yes, this show is really shot on location at an actual, working West End boozer!

Tom Bodrovics your host welcomes back Dave Kranzler from Investment Research Dynamics. They discuss the media interview with Vladimir Putin, the contemporary stock market, economic uncertainties, and potential financial reforms. Kranzler appreciates the Carlson interview as a rare example of genuine journalism that reveals Putin's motives and the U.S.' provocative interventions in stark contrast to the narratives of mainstream media. Speaking as an investor, Kranzler analyses the dominance of a few companies in the S&P, suggesting it to be an indicator of a stock market bubble. He posits that the Federal Reserve may be trying to avert a banking crisis by reinflating the bubble, but warns this could lead to inflation and social disparity. Recognizing vulnerabilities in the commercial real estate sector, Dave anticipates a black swan event caused by the overwhelming debt of $117 billion this year and over $1.5 trillion by 2025. The implications of escalating U.S federal debt are also discussed, suggesting the Federal Reserve may need to print more money if a significant foreign financier withdraws. They examine the deceptive representations in government economic reports and the prevailing economic hardships ignored by these reports. Despite partisan politics obstructing genuine reform, they urge for term limits and campaign finance reform, while recognizing the improbability of such changes without a societal reset. Dave stresses the importance of rigorous analysis rather than relying on company reports alone when investing, suggesting that companies like Snap and Tesla are overvalued. He predicts that the market may eventually favor companies producing essential raw materials, following a market crash. They comment on the current investment culture, dictated by momentum and technological influence, and advocate for traditional metrics and investing standards. Investments in well-run gold and silver companies are presented as a prime example of value stocks. Discussing market competitiveness, they denote the need for companies to maintain their share price, using Fortuna Silver as an example. Despite a temporary setback, its future prospects appear promising due to new discoveries and share buyouts. Despite the uncertainty and price manipulation in the precious metals sector, they remain optimistic of a future bull cycle, driven by factors such as high inflation, political instability, and geopolitical risks. International demand also provides a safety net for gold prices. Time Stamp References:0:00 - Introduction0:43 - Putin/Tucker Interview4:40 - Bias & Poking The Bear11:00 - S&P500 & Tech Bubbles15:05 - Perception & Risk20:54 - Looming Black Swans24:40 - Federal Debt Refinancing29:28 - GDP "Growth", CPI & Reality32:47 - The Silent Recession36:42 - Unfixable Problems41:00 - Pain Before Reset42:50 - Company Valuations49:26 - Miners & Valuations55:07 - Sentiment & Apathy58:08 - Metal Fundamentals1:03:52 - Market Behavior & Risk1:07:54 - Concluding Thoughts1:12:52 - Wrap Up Talking Points From This Episode Kranzler identifies a stock market bubble, warns of potential inflation and social disparity instigated by Federal Reserve actions. Discussions forecast a 'black swan event' in the commercial real estate sector and potential money printing due to increasing U.S. federal debt. Kranzler advocates for rigorous, unbiased investment analysis and prefers value stocks in gold and silver companies despite market uncertainties. Guest Links:Twitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journal David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust. Dave earned a master's degree in business administration from the University of Chicago, concentrating on accounting and finance.

Episode Summary In this episode of the Solar Maverick Podcast, Benoy speaks with Paul Warley who is the CEO of Ascent Solar Technologies which is manufacturer of innovative, high performance, flexible thin-film solar panels for both existing and emerging agrivoltaic, space, and aerospace applications.  Paul talks about how thin-film solar will play a vital role with the renewable energy transition specially in space and agrivoltaics and the rapid rise of solar power in space. Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy and he is also an advisor for several solar startup companies.  He has extensive project origination, development, and financial experience in the renewable energy industry and in the environmental commodities market.   This includes initial site evaluation, permitting, financing, sourcing equipment, and negotiating the long-term energy and environmental commodities off-take agreements. He manages due diligence processes on land, permitting, and utility interconnection and is in charge of financing and structuring through Note to Proceed (“NTP”) to Commercial Operation Date (“COD”). Benoy composes teams suitable for all project development and construction tasks. He is also involved in project planning and pipeline financial modeling. He has been part of all sides of the transaction and this allows him to provide unique perspectives and value. Benoy has extensive experience in financial engineering to make solar projects profitable. Before founding Reneu Energy, he was the SREC Trader in the Project Finance Group for SolarCity which merged with Tesla in 2016.  He originated SREC trades with buyers and co-developed their SREC monetization and hedging strategy with the senior management of SolarCity to move into the east coast markets.  Benoy was the Vice President at Vanguard Energy Partners which is a national solar installer where he focused on project finance solutions for commercial scale solar projects.  He also worked for Ridgewood Renewable Power, a private equity fund, where he analyzed potential investments in renewable energy projects and worked on maximizing the financial return of the projects in the portfolio.  Benoy also worked on the sale of all of the renewable energy projects in Ridgewood's portfolio.   He was in the Energy Structured Finance practice for Deloitte & Touche and in Financial Advisory Services practice at Ernst & Young.  Benoy received his first experience in Finance as an intern at D.E. Shaw & Co., which is a global investment firm with 37 billion dollars in investment capital. He has a MBA in Finance from Rutgers University and a BS in Finance and Economics from the Stern School of Business at New York University.  Benoy was an Alumni Scholar at the Stern School of Business.     Paul Warley Prior to Ascent, Warley was president of Warley & Company LLC, a strategic advisory firm from 2015 to 2022 – providing executive management services, capital advisory, and M&A to middle-market companies in the service, construction, technology, oil & gas, clean energy, food, retail and green-building sectors. While at Warley & Company from 2018 to 2019, he was engaged as chief executive officer and CFO of 360Imaging, a provider of products and services for implant surgery and digital dentistry. From 2011 to 2015, Warley served clients in the alternative energy industry as a managing director and chief compliance officer with Deloitte Corporate Finance. From 1997 to 2011, Warley was managing director and region manager for GE Capital. From 1984 to 1997, Warley served as senior vice president with Bank of America and Bankers Trust.   Stay Connected: Benoy Thanjan Email: info@reneuenergy.com  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com   Paul Warley Website:  https://ascentsolar.com/ Linkedin:  https://www.linkedin.com/in/paul-warley-015203a/   Our Sponsor: We would like to thank Schwerd Consulting for sponsoring this episode of the Solar Maverick Podcast. Schwerd Consulting is a leading solar consulting firm dedicated to design, engineering, owner representation and technical consulting in all areas of solar photovoltaics and energy storage for the Commercial & Industrial and Utility markets.  At Schwerd Consulting we like to say that We Know Solar. We don't just Do Solar. What sets us apart is our 100% focus on solar, while having an extensive background in building and utility engineering, and understanding the business of our clients. We are involved with the trends, technologies, vendors, policies, utilities, codes, and financial considerations for the industry. Therefore, value add for us is not just a slogan, it's what we practice in order to have loyal customers and gain trust. In its 9 years of business, Schwerd Consulting has provided services for approximately 1 GW of PV across over 800 sites and 17 US states plus the Caribbean.  Let Schwerd Consulting take the burden off you and bring ease and expertise in all areas of Engineering & Design or help you navigate the technical world of solar.  If you are interested in learning more about Schwerd Consulting, you can call 215-219-6718 or email to admin@schwerdconsulting.  Schwerd Consulting's website is www.schwerdconsulting.com.    

In this FESTIVE SPECIAL edition of our banking litigation podcast, we consider some recent cases that will be most relevant to in-house lawyers at banks and financial institutions. This episode is hosted by John Corrie, a partner in our banking litigation team, who is joined by Ceri Morgan and special guests Mark Tanner, Charlotte Benton, Scott Warin, Tom Wyer, Catherine Bagge and Janelle Chang. You can find links to our blogs on the cases covered in this podcast below: - High Court refuses interim payment application in Russian sanctions-related litigation https://hsfnotes.com/bankinglitigation/2023/11/28/high-court-refuses-interim-payment-application-in-russian-sanctions-related-litigation/ - High Court finds that lender suffered no loss despite negligent valuation of security https://hsfnotes.com/bankinglitigation/2023/11/28/high-court-refuses-interim-payment-application-in-russian-sanctions-related-litigation/ - Privy Council considers Norwich Pharmacal and Bankers Trust disclosure orders against banks https://hsfnotes.com/bankinglitigation/2023/11/01/privy-council-considers-norwich-pharmacal-and-bankers-trust-disclosure-orders-against-banks/ - Company not ordered to disclose privileged documents to shareholders in context of late application in securities class action https://hsfnotes.com/litigation/2023/11/23/company-not-ordered-to-disclose-privileged-documents-to-shareholders-in-context-of-late-application-in-securities-class-action/ - Trilogy of decisions shows English courts' approach to granting anti-suit injunctions in support of foreign-seated arbitrations https://hsfnotes.com/bankinglitigation/2023/10/17/trilogy-of-decisions-shows-english-courts-approach-to-granting-anti-suit-injunctions-in-support-of-foreign-seated-arbitrations/ - High Court confirms that conscious "awareness" of a representation is an essential (and distinct) element to a claim for misrepresentation https://hsfnotes.com/bankinglitigation/2023/12/06/high-court-confirms-that-conscious-awareness-of-a-representation-is-an-essential-and-distinct-element-to-a-claim-for-misrepresentation/ Don't forget to subscribe to the banking litigation blog https://hsfnotes.com/bankinglitigation/subscribe/

“Climate change is a matter now of extreme urgency.  Our failure to act is a failure of imagination but recent developments suggest the pace is picking up. Within asset management, climate change and specifically carbon emissions are central factors within the broader sustainability/ESG approach. Finance is a key conduit and asset managers now need to assess the climate risk within their investments.   The need to extract this information from the companies in which they invest will not only create greater transparency in terms of disclosing climate risk but it also  will force change on companies who are not making the necessary adjustments.” Jean-Jacques Barrow   Jean-Jacques Barrow, a member of the Harvard and Radcliffe class of 1992, shares his journey since graduating from Harvard. He began his career as an English major and moved to Paris for a four-month contract as an editorial assistant with the International Herald Tribune, which has since been rebranded the International New York Times. He learned about how journalism functions and how it is required that one serves their time on the periphery and provinces. One of his tasks was transcribing key data from the Bloomberg terminal for the financial section, so he began educating himself about the world of finance. After this position ended, he moved back to Geneva during a recession and took many jobs, including working at a construction work removal company. He eventually secured a job as an editor at Capital International, one of the world's largest asset managers where his job was to take minutes and write reports on investment meetings.    Working in Swiss Private Banking He was initially impatient to secure an opportunity in the investment industry, but eventually landed a job at Swiss private banking. The Swiss private banking industry was built around tax evasion and tax optimization, but over the last 20-25 years, the industry has changed due to pressures from the European Union and the US following many scandals. The industry has become more regulated, open, and legitimate, with a focus on decoding assets and legitimate tax optimization. He believes that the key driver for change in the industry is the pressure from the US around undeclared funds from people who had not survived the Second World War, particularly Jewish, deposited in Switzerland. This pressure has led to a shift in the industry's focus on decoding assets and legitimate tax optimization. Jean-Jacques shares what he learned about tax evasion when he moved to the investment desk and started his apprenticeship, knowing very little and learning on the job. He worked for Bankers Trust, which was a pivotal moment in his career, but it ended up collapsing due to the Russia bond crisis and Korea's aggressive approach. He learned the basis of implementation and focused on discretionary portfolio management. His experience in private banking was interesting, and he talks about the many interesting developments he witnessed. He was also involved in the world of events and geopolitical forces.  He later moved to the Royal Bank of Canada, where he was assigned to the French Canadian market and North American markets. However, due to the Canadian bank's regulated status, there was limited investment content based in Switzerland.    Investment Management, Social Entrepreneurship, and Microfinance Jean-Jacques decided to pivot towards investment management and pursued an executive MBA at INSEAD. He became interested in social entrepreneurship and microfinance. After graduating, he found himself in the midst of a potential slowdown in 2008, which was a challenging time for job opportunities. He found a disconnect between what microfinance was supposed to be and the reality. However, the initial concept has evolved, and he was inspired by the business model developed by Bangladeshi economist Muhammad Yunus, who aimed to help the poor with micro loans.   Sustainable Investing as a Growing Trend JJ talks about sustainable investing as a growing trend in the financial sector. This shift has been driven by the changing regulatory environment in Europe, which is becoming more strict about financial reporting on portfolio content. The screening process has evolved, with companies now actively screening companies within sensitive sectors, such as the extraction industry and energy banking. The process has also been refined, with a global climate 2035 portfolio focused on names and companies related to fighting climate change. This  approach is a reaction to the increasing regulatory environment in Europe, which is becoming more strict about financial reporting on portfolio content. He talks about investing in secondary markets and how investing in companies with technology can help support the emergence of technology in the mainstream. However, when investing in secondary markets, the capacity to generate changes may be muted. The regulators are pushing companies to be more explicit about their environmental risks and more detailed about the externalities they generate. This will drive change, if companies are not open about their environmental risk, they may face punishment from shareholders and public challenges in general meetings. In Switzerland, the collapse of a major Swiss bank, Credit Suisse, was a prime example of how minority shareholders pushed companies to exit investment banking to stop funding fossil fuels. This has led to the closure of investment banks and the need for companies to be more transparent about their environmental risks.   ESG Investing and Shareholder Power Jean-Jacques mentions the importance of ESG investing and its potential to drive change in the energy sector. He explains that ESG investing has outperformed the broader market over the last five years, with a natural quality bias and exposure to tech. However, the recent increase in enthusiasm for this style of investing in 2022 has led to delays in good intentions. He discusses the evolution of ESG investing in Europe, with companies realizing that stricter regulations will require more disclosure of information. This has led to companies realizing they need to be more open or push back. The energy sector is experiencing a shift towards clean energy from companies like Macau and BP, and moving towards electric generation and grid technologies. Despite the pessimistic mood in Europe, he believes there are reasons to be hopeful about the scale of investment and deployment. He points out that banks can add value by engaging and challenging major companies to change their remuneration policies and CEOs. He also emphasizes the importance of shareholder cooperation and the power of shareholders to influence corporate behavior. He cites the example of a company that failed to listen to dissenting shareholders, but he believes that if shareholders work together, they can make a significant difference in the industry.    The ESG Scorecard and How it Works JJ explains that analysts typically have a scorecard across ESG, with different industries having different weights. For example, in the mining industry, the environmental side is higher, and there are subset segments in terms of water usage, pollution risk, and other externalities. To have an ESG rating, a company must meet a certain score. The industry has a lot of topsy-turvy stuff going on, and some analysts don't consider Tesla to be eligible because of the GE and Tesla, the government side is diabolical, and Exxon has extraordinarily good governance. Companies with good ESG attract good talent, draw upon a broader pool of talented individuals, and have better employer loyalty. The urgency around emissions has led to a sense of urgency in engagement in company response, investment, fairs, exchanges, and industry discussions. He  explains that he played his cards differently in his first job at Capitol International by keeping his big mouth shut and being less confrontational. He learned to respect rules and respect rules in the American corporate environment, and he learned to source his views from different areas. He also appreciates that he has a different educational and career route, having attended Harvard and a level of intellectual curiosity. He emphasizes the importance of going off the intellectual print, orthodoxy, and looking beyond traditional sources. He advises interns and juniors to listen to other reports and sources, as it helps him understand viewpoints from classmates in different areas and doing different things.   Influential Courses and Professors at Harvard JJ discusses his time at Harvard and the two key takeaways he learned from his time there. He highlights the expository writing course he took as a freshman year and the masters swimming course, which he found to be a valuable source of learning. He also highlights the importance of being clear, concise, and succinct in his daily work, especially when dealing with an audience not necessarily in English. These two key takeaways have shaped his future, particularly in terms of his interests and the core curriculum. He mentions the Behavioral Biology and Evolution courses, as well professor Neil Wilson and professor Raymond Siever's class on geology, which exposed him to the world's cycles of physical life and the impact of man on the planet.    Recommended Reads: Saving the Plant without the Bullshit, Assaad Rarrock. Don't let the title put you off, this is good starting point. How the World Really Works, Vaclav Smil Makes clear the scope of the transition. Great reality check and myth buster.  Petroleum Papers. Geoff Dembicki  The role of energy companies in the current climate debate. I would not be long oil stocks… Learning to Die in the Anthropocene, Ray Scranton Bleak but an eye opener on the worst case scenario. Five Times Faster. Simon Sharpe. The author is active within government, policy making and the COP meetings. Very insightful, and great primer on why we are where we are. There is still time but we need to move five times faster. Useful Sources: Bloomberg Green, MSCI ESG. In terms of sustainability disclosure,  ISSB has launched  IFRS Sustainability Disclosure Standard (S1 General disclosures, S2 Climate related).   Timestamps: 02:16 The start of his career in finance 09:11 Pursuing a career in social entrepreneurship and micro finance 18:09 The evolution of sustainable investing 21:09 How sustainable investing makes a difference 25:51 ESG reporting requirements 27:42 The current state of the energy sector 30:55 How banks can add value to their shareholders 37:40 The ESG scorecard   CONTACT: LinkedIn: https://www.linkedin.com/in/jean-jacques-barrow-710a606/

Today we were delighted to host Dr. Pippa Malmgren. Pippa is an experienced economist, author, and speaker, served as an advisor to President George W. Bush, and has advised the British Cabinet and the Cabinets of several Asian nations on economic policy. She has held several significant positions throughout her career including Senior Advisor to Monaco Foundry and Avonhurst, Board Member at Premios Verdes, former Managing Director at Bankers Trust, and the author of several award-winning books. She is a founder and co-founder of tech ventures spanning robotics, cleantech, space, and more. We were thrilled to get Pippa's perspective on current global economic trends and geopolitical events. Our discussion explored a range of topics starting with Pippa's experience in the White House during 9/11 and her team's challenging task of re-creating a market for US Treasuries and re-opening the NYSE. Pippa shares her outlook on today's stress-filled geopolitical environment, the unique and often misunderstood relationship between the US and China, and why Pippa thinks the world is at a peak in geopolitical tension (and trending down from here). We discuss the potential for war between China and Taiwan, what surprises might happen there, geopolitics in Latin America including Chinese and Russian influence in the area, and the possibilities for the often-dismissed potential of space-based solar power. We then explore leadership and leaders around the world, Pippa's latest book “The Infinite Leader,” autocracy vs. democracy, Europe's seat at the table geopolitically, AI's potential and the importance of the human element and creativity, and more. We ended with Pippa's thoughts on the current culture at universities and her advice to all of us to shift from a “scarcity mindset” to the “possibility of abundance.” We look forward to continuing to follow Pippa's work on SubStack (linked here) and can't thank her enough for sharing her geopolitical wisdom, for stimulating our thinking, and for encouraging all of us to think outside our own boxes. Mike Bradley kicked us off by highlighting this week's FOMC meeting, noting that consensus was placing near zero odds for a rate hike at this meeting but roughly 50% odds of a rate hike at the next FOMC meeting. From a commodities standpoint, he highlighted that Brent and WTI prices surpassed $95/bbl. and $$92/bbl. respectively. He also noted that there was an interesting back and forth last week between the IEA (Financial Times Op-Ed from Fatih Birol linked here) and OPEC (statement linked here) regarding peak oil demand prior to 2030. He ended by highlighting that energy equities have lagged the surge in crude oil price, mostly because equity investors need to see how crude oil price trades when Saudi begins pushing crude barrels back into the market before there can be energy equity multiple expansion. Jeff Tillery shared a few observations of the public energy markets over the past 8-9 months, noting an overall trend towards normalcy in the energy sector. We greatly enjoyed the conversation with Pippa and hope you find it as interesting as we did. Thanks to you all!

GUEST OVERVIEW: Jeff Morris has worked in financial services since graduating in Economics and Law from Sydney University in 1985. He became a Vice President of the investment bank Bankers Trust and worked for the Commonwealth Bank as a financial planner in 2008. He became a whistleblower to ASIC in 2008 and achieved a measure of vindication when CBA was hit with an enforceable undertaking and forced to compensate victims of malpractice. He suffered retaliation, including a death threat, was diagnosed with PTSD in 2011 and resigned from CBA in February 2013 with a resolve to pursue a Royal Commission into the banking industry, teaming up with journalist Adele Ferguson and Senator John 'Wacka' Williams to secure a Senate Inquiry in June 2013 as a first step. He testified and provided 9 submissions to the Inquiry. The Senate Inquiry reported in June 2014 and its' damning report fully vindicated Jeff Morris and endorsed the call for a Royal Commission. The Banking Royal Commission was finally called in December 2017, exposing egregious misconduct and fully vindicating the stance he had taken since 2008. Literally $Billions in compensation has been paid to victims of bank malpractice as a result of the fire lit by Jeff Morris. Both the Chairman and CEO of CBA eventually apologised to him personally.. His career in financial services was however ended by his whistle blowing. Today he tries to help others going through the whistle blowing journey and campaigns for the reform of whistle blower laws.

Clive Ponsonby graduated from Cambridge University as a Mathematician and then ventured into the dynamic and unpredictable world of Spot FX trading in the 1990s. This move was unconventional for someone with a highly academic background, transitioning to an environment dominated by fast-paced, streetwise, and quick-witted traders, many of whom hailed from non-academic backgrounds.Clive developed a deep passion for this wild world and quickly applied his own skills and abilities to excelling in this space. Over the next two decades, Clive thrived in FX trading, securing positions at some of the world's leading Investment Banks. His journey started at Bankers Trust, a renowned hub of trading talent in the 1980s and 1990s, followed by the Swiss Banking giant UBS, and finally culminating at JP Morgan, where he served as an Executive Director of FX trading until his departure from the banking world in 2018.In this interview, Clive candidly shares his experiences as a trader, delving into the challenges of applying various types of analysis in the trading process. He also explores the essential mindset, behaviours, and attitudes necessary for effective analysis in trading, while expressing his passion for the exhilarating trading floor atmosphere, particularly during significant events like the monthly Non-Farm Payrolls.Clive recounts some fascinating stories from across his career in major market-making roles, trading spot FX, forward FX, non-deliverable forwards, and rates products for various banks, including JP Morgan where he led a global team across three different time zones. Clive still trades on his own account, he also provides outstanding regular research as a currency fellow at ‘Hedder', where he contributes exceptional research as a currency fellow at 'Hedder,' providing high-quality analysis of currency markets. Hedder provide world-beating institutional-quality research which is available both to retail investors and high-end market, assisting them in making well-informed trading decisions. You can find out more about Hedder and the research work he does there at this link.Powering Performance in Global Markets AlphaMind brings powerful change, growth and development to people and businesses within global markets. Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.Go to the AlphaMind website to know more.

Peter Scholtz founded Scholtz & Company in 1994 and has over 30 years of professional investment experience. Following three years (1974-77) at Bankers Trust in New York, Peter attended Columbia Business School in 1978. After receiving his MBA, Peter joined Smith Barney where he worked for 14 years. At Smith Barney, Peter started in Institutional Equity Sales before becoming a Portfolio Manager after several years. In 1986, Peter was part of the initial team to create a customized, individually managed high net worth service which eventually grew to seven portfolio managers that invested over one billion dollars. While at Smith Barney, Peter developed some quantitative models in 1991 that represent the first investment quantitative work ever done at Smith Barney. These models focused on earnings estimate revisions, earnings surprises and relative stock strength. These models today are used for screening stock ideas for investigation. Peter graduated with a B.S. degree in Economics from Ohio Wesleyan University in 1974 and an MBA from Columbia University in 1979. Additionally, Peter Scholtz has passed several licensing exams including the Series 65, 63, 7, and 5. Peter currently lives in Darien, CT with his wife of over 35 years. In his free time, he enjoys sailing, fishing, swimming and spending time with his three children and three grandchildren.   Listen to this insightful RIA episode with Peter Scholtz about being the first quant. Here is what to expect on this week's show: - How running a company perfectly isn't cheap and they outperform others in the long run. - Why you want to buy a good company for fair price instead of a bad company for a cheap price. - How AI can't predict human emotion which is what drives the market. - How the stock market can stay irrational longer than you can stay solvent. - How when the Fed speaks the market automatically moves.   Connect with Peter: Links Mentioned: https://www.scholtzandco.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom welcomes back David Kranzler of Investment Research Dynamics to the show. David discusses how companies often reframe their results to be more "socially acceptable". During the tech bubble the game of earnings management evolved; analyst's influence drove the consensus estimates down and then, when the company beat the estimates, it painted a manipulated picture of their financial standing. David explains the effect that higher rates have on the housing sector; many households are already overstretched and not prepared to pay for house payments when interest rates increase. We are beginning to return to the liar loan phase which helped cause the 2008 housing crisis with Mortgage-Backed Securities. Similarly, auto loans are also being bundled with both prime quality and riskier loans being sold to investors. The financial system is dependent on continued growth of the money supply, which drives it. However, if the increase is pulled back too quickly, the entire system can collapse, which will eventually happen. Lastly, David urges people to ignore mainstream media and do their own research. Time Stamp References:0:00 - Introduction0:40 - Reframing Results10:31 - Rates & Housing Impacts18:45 - Lending Shenanigans24:49 - Banking Crises & Rates29:44 - Inflation Themes & M244:50 - Gold & Monetary Systems49:22 - Confidence in Miners?56:33 - Mining Risk & Returns57:45 - Gold & Rising Tides1:00:00 - Putting a Pin In It Talking Points From This Episode Factors driving the debt cycle globally.Why we're in a dangerous period with housing and auto loans .Risks around earnings and company financials statements. Guest Links:Twitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journal David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust. Dave earned a master's degree in business administration from the University of Chicago, concentrating on accounting and finance. He writes a blog to help people understand and analyze what is going on in our financial system and economy.

Episode SummaryUrsula Spencer is a super dope nerd. She is a Black woman in STEM who has overcome all the -isms to lead her own company that serves kids all over the world.  Early on in her career, she took ownership and wrote her own path. She is an entrepreneur and tech guru that is investing in our future through Dope Nerds and AR/VR. This episode takes the listener through some of her past experiences and give insight into why she feels so strongly about giving back to the community and bringing young, gifted, and Black students into the world of tech. Ursula Spencer BioThe founder of Dope Nerds is a self-taught technologist and accomplished tech entrepreneur. At the young age of 11, she taught herself how to hack and launched her first tech company at 21 years of age. With over 30 years of experience as a Sr. Consultant, Subject Matter Expert, and Technical Advisor, she has worked for organizations such as the Federal Reserve Bank, Chase, and Bankers Trust, ultimately leading technology teams for the Federal Reserve System's twelve banks. Her interest in virtual reality began in 2009 when she became an early adopter of online virtual worlds to understand its potential impact on industries beyond entertainment and gaming. In 2019, she founded Dope Nerds as a brand, focusing on leveraging her technical expertise to provide innovative and impactful learning experiences for youth and under-represented communities. Website: https://dopenerds.techLinkedin: https://www.linkedin.com/in/ursulaspencer/ Buzzsprout - Let's get your podcast launched! Start for FREEDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the showYou can find out more information about Dr. Toshia here:https://www.drtoshia.comSTEMming in Stilettos Youtube Channel: https://youtu.be/xAc25J7UH9A

Alejandro Muñoz regresa a Value School para explicarnos cómo invertir en compañías con negocios robustos capaces de prosperar en un entorno inflacionario. Para respaldar sus conclusiones analizará algunas de las inversiones que integran la cartera Equam y comentará su desempeño a lo largo del año 2022. Alejandro Muñoz es cofundador, socio y gestor de fondos de Equam Capital. Antes de crear Equam trabajó durante ocho años como gestor de carteras en March Gestión y Angulo Verde Sicav. Antes fue director de inversiones en capital público y privado de Corporación Financiera Alba y analista de M&A en Bankers Trust.  Alejandro es licenciado en Derecho y en Administración de Empresas por ICADE y máster en Políticas Públicas. También es profesor de value investing en OMMA Business School.   Si te ha gustado el programa, déjanos un comentario y danos una valoración alta en la plataforma donde lo hayas escuchado. No olvides darte de alta en www.valueschool.es para obtener información sobre nuestras actividades y acceder a todo nuestro material gratuito. Recuerda que también puedes seguirnos en Facebook, Twitter, Instagram, LinkedIn y en nuestro canal de YouTube. (Música: "Corporate Innovative" by Scott Holmes). http://www.scottholmesmusic.com 

This episode is sponsored by Amber Group Jim Leitner serves as President of Falcon Management Corporation and CIO of Falcon Family L.P., a family office. Previously, he worked as a foreign exchange trader at Morgan Guaranty, as Chief Dealer at Bank of America International, as Vice President for proprietary trading at Shearson Lehman and as Managing Director in the Global Trading Department at Bankers Trust. Jim was a member of the Yale Investment Committee from 2004 through to 2010. In this podcast we discuss why inflation could be more persistent, thoughts on bank crises, owning rather than using options, and much more.   Follow us here for more amazing insights: https://macrohive.com/home-prime/ https://twitter.com/Macro_Hive https://www.linkedin.com/company/macro-hive

Inflation is a term that has been on everyone's lips recently. For investors and policymakers alike, staying on top of the latest trends in the inflation market is essential for making informed decisions about their investments and financial strategies.  In this episode, Rusty and Robyn talk with Michael Ashton, a.k.a. The Inflation Guy. Michael, Managing Principal at Enduring Investments, is one of the pioneers in U.S. inflation market innovation. Since 2003, Michael has played a role in developing the U.S. inflation derivatives markets and is a subject matter expert on inflation products and inflation trading. Before founding Enduring Investments, Michael worked in research, sales, and trading for several large investment banks, including Bankers Trust, Barclays Capital, and J.P. Morgan. Michael talks with Rusty and Robyn about inflation and economics from a trader's seat. He speaks about his inflation outlook, how people should think and respond to inflation, and what makes a good trader. Key Takeaways [03:32] - An overview of Michael's professional history. [05:36] - What Michael says about the current inflation environment. [06:43] - Michael's outlook for inflation for the rest of the year. [10:49] - How people should think about inflation. [11:28] - What Michael has to say about the Fed's efforts to combat inflation. [13:44] - Why the markets are more optimistic about inflation dropping right now. [16:08] - Michael's outlook on interest rates, stocks, and real assets. [19:38] - What the government debt levels mean for the economy and the markets. [24:39] - How investors should manage their portfolios in an inflationary environment. [28:57] - How investors and advisors should think about high-frequency economic data.  [31:05] - Michael's approach to using consensus expectations and surveys. [35:53] - What Michael meant when he said boredom is winning. [37:51] - How AI is going to change investing. [41:56] - What Michael advises people about consuming content. [45:05] - Michael's favorite investment idea. [47:06] - How Michael maintains his energy to perform at his best. Quotes [06:17] - "The inflation derivatives markets are pricing in that inflation would reach two and a quarter by June, and that's just not going to happen. Core inflation and median inflation will take a long time to get back to any semblance of what we thought and what used to be normal. And when I say a long time, I mean years." ~ Michael Ashton [10:50] - "The debate coming into this year wasn't whether inflation would decline as much as the market thought. The question was, when does everyone realize that inflation won't be 2% by the middle of the year?" ~ Michael Ashton [24:55] - "One of the things that happen when you get to higher inflation, in addition to having more volatile inflation, is all of the financial variables get more volatile. You need to diversify more than you otherwise would have in real assets, particularly commodities." ~ Michael Ashton Links  Michael Ashton on LinkedIn Michael Ashton on Twitter Enduring Investments Cents and Sensibility: The Inflation Guy Podcast Lampshades on Fire by Modest Mouse J.P. Morgan Barclays Corporate and Investment Bank Deutsche Bank John Huston Trinity University The Magnus Archives Inflation Guy Connect with our hosts Rusty Vanneman Robyn Murray Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts 0584-OPS-2/23/2023

This is Stephen Schmidt from the Gazette digital news desk and I'm here with your update for Friday, February 17.Friday will be cold, but still not too bad for February-- and then it will warm up again over the weekend. According to the National Weather Service it will be sunny, with a high near 21 degrees. The wind chill values will be as low as -5 degrees. On Friday night it will be clear, with the temperature rising to 1 degree below the high at 20 degrees. Nearly five years after the “newbo evolve” festival featuring national recording stars and reality TV personalities turned into a financial debacle instead of a signature event, two of its key organizers were ordered Thursday to report to prison and pay over $1 million to a bank they defrauded to help bankroll it.Doug S. Hargrave, 56, now of Puyallup, Wash., and Aaron McCreight, 47, now of Dothan, Ala., each pleaded guilty last year in U.S. District Court to one felony count each of bank fraud.Hargrave was sentenced to 15 months and McCreight was sentenced to 18 months in prison. The two also are jointly liable for $1.4 million in restitution to be paid to Bankers Trust.The 2018 three-day festival featured headliners Kelly Clarkson and Maroon 5, and speakers including fashion designers Carson Kressley and Christian Siriano, filmmaker John Waters, woodworker Clint Harp and U.S. Olympian Adam Rippon, among others.During Hargrave's plea hearing last year, he admitted that before the festival he sent a fraudulent budget, under McCreight's direction, to Bankers Trust in support of a request for an increased loan. The budget misrepresented how many tickets already had been sold and how many more ticket sales were anticipated.Cash awards for pain, suffering and other non-economic complications from medical malpractice lawsuits will be capped under a new provision signed into law Thursday by Iowa Gov. Kim Reynolds.Those non-economic damages in medical malpractice cases are now capped at $2 million for cases in which a hospital is found to be at fault, and $1 million when the doctor is at fault.The new law, which becomes effective immediately, does not cap jury awards for economic or punitive damages.Proponents of the legislation said it's needed to help contain insurance costs for hospitals, and to help recruit and retain doctors, especially in rural areas of the state. While opponents pointed out that most malpractice cases do not go to trial, and states without caps are having trouble recruiting doctors as well.While efforts stalled last year, U.S. Sens. Chuck Grassley, R-Iowa, and Amy Klobuchar, D-Minn., say they have new confidence a pair of bills they are pushing forward can pass this Congress and help Americans save millions each month on prescription drug costs.The bills — the Preserve Access to Affordable Generics and Biosimilars Act and the Stop STALLING Act — recently passed the Senate Judiciary Committee with strong bipartisan support.The bills would limit larger pharmaceutical companies from trying to keep generic forms of certain prescription drugs from going to market. In some cases, Klobuchar and Grassley say, the bigger companies pay the generic drugmakers to keep the cheaper products off store shelves or even try to stop the approval process.

Welcome to the 65th Episode of the #100MasterCoaches​ Show. In this episode, Mel interviews Andrew Sheridan from Luxembourg. Andrew is a Certified Professional Co-Active Coach (CPCC), holds the Master Certified Coach (ICF), and is a founder, past (and once again current) President of the ICF Luxembourg Chapter. Andrew is a founding partner of several international firms specializing in organizational development and change management, with a strong focus on leadership impact, emotional intelligence, and effective communication. Andrew's early career was in international banking, where he spent 10 years working as a sales and relationship manager in the securities divisions of Bankers Trust and Deutsche Bank. Managing a portfolio of institutional clients including ABN Amro Bank, Bank of England, and Barclays among others, Andrew went on to become Vice President of Sales for Benelux. In 2007, he left the corporate world and undertook in-depth study and research in the fields of social science, psychology, and management theory at the Australian College of Applied Psychology in Brisbane. He further strengthened his skills within the coaching arena by pursuing professional accreditation at the highest industry standards, and is also a certified Process Communication Coach, using the tools of transactional analysis to help develop client awareness regarding impact and behaviour. Andrew is also certified in the use of the Leadership Circle 360 Profile as well as being a Team Diagnostic Assessment Facilitator for Team Coaching International. Andrew is a current senior member of the CTI faculty, delivering coach training programs globally in both English and French, in public and organizational forums. He also carries out Certification, Supervisory, and Examiner roles for students undergoing professional accreditation. Andrew is also part of Google's Internal Mastery Faculty Team, delivering online and in-person events to their global community. In recent years, Andrew has worked extensively with General Managers, Country Managers, and Executive Committees in a wide range of industries. Both a Luxembourgish and British national, Andrew has lived in Luxembourg, Germany, Australia, the UK, Malaysia, and Hong Kong. His central European upbringing coupled with an extensive work focus in the Asia Pacific have shaped his strong interest in cultural communication and diversity. Fluent in French and with strong working knowledge of German, Andrew is currently based in both Luxembourg and Hong Kong. Desire to become a Master Coach like Andrew? Then start your transformative coaching journey here at Catalyst Coach. www.catalystcoach.live.

The cybersecurity landscape continues to evolve. Health Care Companies Are the #1 Target for Cyberattacks and Data Breaches. The pace of the release of cybersecurity guidance and regulations for medical devices across the globe has been accelerating. Globally, some regulatory bodies have restricted their guidance to premarket concerns, and others have provided guidelines to include post-market considerations. One of the key tenants of all post-market cybersecurity guidance and regulations is the manufacturer's responsibility to evaluate and maintain their product cybersecurity continually. This additional level of scrutiny and regulations only increases the need to act now. To prepare for and combat these cyberattacks, healthcare companies must make the necessary investments in people, processes, and technology. A reactive approach to cybersecurity is no longer feasible. It's time to anticipate and prevent these attacks before they even arrive. Learn in this episode how new, predictive technologies analyze past threats to identify future threats. Ideally, this results in the detection of potentially harmful files or behaviors before an attack is successful.   About Our Speaker: As Ortho Clinical Diagnostic's Chief Information Security Officer, Patty Ryan is responsible for defining the firm's global Information Security strategy, roadmap, and operating infrastructure. Partnering globally with IT, Compliance, Commercial, Regulatory, Legal, Quality, R&D, and Strategic Marketing resources, she ensures that all Information Security controls operate effectively and efficiently, that staff is aware of their responsibility to protect client and proprietary information, and that the security team defines and manages information risk appropriately. Patty has over 30 years of IT experience, over half of that in Information Security executive positions. She has worked in financial services (Bankers Trust, Citi, CitiStreet), life sciences (Johnson & Johnson), and legal (Fragomen, Del Rey, Bernsen, and Loewy LLP) and brings a wide range of experience to Ortho. She holds a BA in Economics from Columbia College, Columbia University, and an Executive MBA from the Stern School of Business at New York University. 

Basil Demeroutis (@Basil_FORE) is the Managing Partner of FORE Partnership, a purpose-driven real estate investment firm active in the UK and Western Europe. Basil founded FORE Partnership believing in a low carbon future in which property can be a force for social good and his mission has been to prove that driving environmental sustainability and positive social outcomes is good for investors' financial returns. Basil is passionate about sustainable property and has aligned FORE Partnership's investment strategy with his, and the company's investors' core values.Born in Toronto, Basil studied Aerospace Engineering at Cornell University thinking that he would work for NASA or at the Jet Propulsion Lab building rovers and spacecraft. In the end, after he graduated, he changed his mind and began his career in finance at the Bankers Trust analyst training program in the United States, after feeling that engineering was too slow moving for him in terms of making an impact. After five years there, he moved to Bear Stearns and eventually moved to London.After spending a total of eleven years in asset finance, where he was financing everything from ships and aircraft to satellites and real estate, Basil made the move from advising people on real estate investing, to actually becoming an investor in real estate and joined Jargonnant Partners in Germany, as Managing Partner. In 2008, he became a Partner at Capricorn Investment Group, the family office of Jeff Skoll, before founding FORE Partnership in 2012.In this episode, we discuss the integration of social and environmental impact in the built environment, how Basil puts the “E” and the “S” into their real estate projects. We hear about some of FORE's projects and examples of the real social impact they have made, and we get a true definition of social impact and what it really means. We discuss how social impact can be measured in the real estate arena and the future of biodiversity within real estate investment. Basil also discusses why he decided to forgo a typical private equity structure that pits GPs against LPs when he set up FORE's unique ‘club' structure, how FORE became one of the first real estate investors to become a certified B Corporation, and a whole lot more.Show notes: https://sri360.com/podcast/basil-demeroutisAbout the SRI 360° Podcast: The SRI 360° Podcast is focused exclusively on sustainable & responsible investing. In each episode, Scott Arnell interviews a world-class investor who is an accomplished practitioner from all asset classes. In my interviews, I cover everything from their early personal journeys—and what motivated and attracted them to commit their life energy to SRI—to insights on how they developed and executed their investment strategies and what challenges they face today. Each episode is a chance to go way below the surface with these impressive people and gain additional insights and useful lessons from professional investors. Connect with SRI 360°: Sign up for the free weekly email update: https://sri360.com/newsletter/ Visit the SRI 360° PODCAST: https://sri360.com/podcast/ Visit the SRI 360° WEBSITE: https://sri360.com/ Follow SRI 360° on TWITTER: https://twitter.com/SRI360Growth/Follow SRI 360° on FACEBOOK: https://www.facebook.com/SRI360Growth/

GUEST OVERVIEW: Jeff Morris has worked in financial services since graduating in Economics and Law from Sydney University in 1985. He became a Vice President of the investment bank Bankers Trust and worked for the Commonwealth Bank as a financial planner in 2008. He became a whistleblower to ASIC in 2008 and achieved a measure of vindication when CBA was hit with an enforceable undertaking and forced to compensate victims of malpractice. He suffered retaliation, including a death threat, was diagnosed with PTSD in 2011 and resigned from CBA in February 2013 with a resolve to pursue a Royal Commission into the banking industry, teaming up with journalist Adele Ferguson and Senator John 'Wacka' Williams to secure a Senate Inquiry in June 2013 as a first step. He testified and provided 9 submissions to the Inquiry. The Senate Inquiry reported in June 2014 and its' damning report fully vindicated Jeff Morris and endorsed the call for a Royal Commission. The Banking Royal Commission was finally called in December 2017, exposing egregious misconduct and fully vindicating the stance he had taken since 2008. Literally $Billions in compensation has been paid to victims of bank malpractice as a result of the fire lit by Jeff Morris. Both the Chairman and CEO of CBA eventually apologised to him personally. His career in financial services was however ended by his whistle blowing. Today he tries to help others going through the whistle blowing journey and campaigns for the reform of whistle blower laws.

La caída o crash del mercado mundial de 1987 fue una grave crisis que comenzó en Hong Kong y, rápidamente, se extendió hasta Europa y Estados Unidos. Sin embargo, una de sus principales víctimas fue Nueva Zelanda, que experimentó caídas cercanas al 60% de sus mercados bursátiles. Durante la jornada Andy Krieger, un joven trader de divisas de Bankers Trust, decidió apostarle al dólar neozelándes o kiwi, pero no como otros lo harían. De hecho, tomó una posición en corto “en contra” de esa moneda que estaba valorada en cientos de millones de dólares. Es decir que buscó ganar dinero con su caída.

This episode of the CRA Podcast highlights the community development work of Joshua Kummer of Bankers Trust. Joshua is the bank's CRA and Fair Banking Officer overseeing the bank's Fair Banking Program, which includes CRA, Fair Lending, HMDA, UDAAP, and Complaint Management. You will find Joshua to be very passionate about this work and this episode shares the high impact community development partnerships he has forged within his community. Not only does he have the heart for this work; you will also hear how his passion and drive has helped Bankers Trust sustain an Outstanding Community Reinvestment Act (CRA) rating!Here are the programs that are referenced within the episode:Community Development Financial Institutions (CDFI) Involvement Iowa Community CapitalSolidarity Microfinance is a non-profit program of Iowa Community Capital to create economicopportunities through small business loans, training and support, and savings services.ICC's Solidarity Microfinance program provides small loans of $500 to $8000, savings services, and financial learning opportunities for eligible low-income entrepreneurs in the Greater Des Moines Metro Area. The Solidarity Microfinance program uses Grameen peer-group lending methodology and targets women entrepreneurs from diverse new resident cultures. Neighborhood Finance CorporationNFC provides unique lending programs and other services to facilitate neighborhood revitalization in Polk County and Cedar Rapids, Iowa through partnerships with residents, governments, community-based organizations, lending institutions and the business community. For more information on our programs and services, please visit our Loan Programs page. NFC is a proud Chartered Member of NeighborWorks America. TrellisTrellis (originally started as Neighborhood Housing Services of Phoenix) was formed in 1975 with help from the City of Phoenix and NeighborWorks America. NeighborWorks America is a national nonprofit organization, federally funded by appropriations from Congress that provide financial support, technical assistance and training for community-based revitalization efforts in all 50 states.Access to homeownership is for all of us. Individuals and families become stable and more economically secure; neighborhoods become vital, active communities; and cities gain jobs and tax revenues. It's an investment with positive returns for everyone.                Other Community Involvement InitiativesHOME, Inc.HOME, Inc. is the oldest private nonprofit housing organization in Des Moines. Our mission is to meet individuals and families where they are in their housing journey. We surround our clients with compassion, support, and education so they feel empowered to make a safe, stable home for themselves or their family.  To accomplish our mission, we…– Provide counseling and education to help people become successful homeowners, landlords, and tenants.– Develop, rehab, and build affordable housing units.– Help families through counseling and education to become homeowners.          Newtown Community Development CorporationOur mission is to help people improve their financial well-being while strengthening communities through education, counseling, coaching, and the development and stewardship of permanently affordable homes.Newtown Community Development Corporation (Newtown) is a Tempe-based nonprofit founded in 1994. Newtown is recognized throughout the Phoenix Metro Area as a leading provider of homebuyer education, homeownership counseling, credit counseling, financial coaching, financial literacy education, and down-payment assistance. Newtown is a HUD-Approved Housing Counseling Agency and adheres to national industry standards for homeownership education and counseling.  Services are provided in English and Spanish.Newtown also operates an innovative Community Land Trust, which builds and renovates permanently affordable houses, providing successful homeownership opportunities for generations of lower-income families. Created in 2001, Newtown's Community Land Trust is the largest in Arizona with homes across Maricopa County.BIOJoshua Kummer is the AVP, Fair Banking Officer at Bankers Trust; Iowa's largest privately owned bank headquartered in Des Moines, Iowa with assets totaling over $6 billion. The bank operates branches in Central Iowa, Cedar Rapids, IA, and Phoenix, AZ, as has offices in Omaha, NE and Sioux Falls, SD. Joshua started his banking career over 11 years ago as a part-time teller while attending college. Since then, he's held various positions including Personal Banker, Sales & Service Manager, Branch Manager, CRA Officer and now Fair Banking Officer. He holds two compliance-related certifications: Certified Community Bank Compliance Officer (CCBCO) and Fair Lending Expert (FLE). He is also involved in his community and currently sits on the Neighborhood Finance Corporation Board of Directors, Greater DesMoines Habitat for Humanity Access to Credit Committee, Iowa Bankers Association DEI Committee and Special Olympics Iowa Fundraising Committee. Joshua has a passion for ensuring customers receive fair and equitable treatment while banking with Bankers Trust and advocates for those with limited financialresources. Bankers Trust: As Iowa's largest privately owned bank, Bankers Trust serves the personal and business banking, lending and wealth management needs of our community.Bankers Trust Core Value: CommunityWe will strive to be the best corporate citizen by supporting diverse community organizations, both financially and through employee volunteerism. We invest in the community by nurturing and encouraging growth, stability and continued success.

En décembre 1990, Jeff Bezos quitte la Bankers Trust pour travailler chez D.E Shaw, un fond spéculatif qui utilise des programmes informatiques pour prendre des décisions... Learn more about your ad choices. Visit megaphone.fm/adchoices

In 2007, Dr. Ari Bergmann saw an iceberg approaching. Looking at the housing market, Dr. Bergmann's firm (then called Sentinel Advisors) noticed the leverage of the banks increasing and the banks' exposure to the housing market increasing—but no one seemed to be hedging the risk. After recognizing the house-of-cards situation, the team decided to open their own overlay, betting against the banks.   Dr. Bergmann is adamant that a strong hedging strategy is not designed to be an “insurance policy.” After all, the insurance companies are the only ones making the money, not the policy owners. The ideal strategy must also make money over the market cycle—a criteria that many hedge funds fail to meet.   Always a student of the market, Dr. Bergmann shares, “The market is greater than you, and that is something that always informs you. If the market tells you that you're wrong, get out. Reassess.”     Ari Bergmann is Founder and Managing Principal/CIO at Penso Advisors, LLC. He leads the firm's investment committee and manages various Penso funds and clients' mandates. Starting his professional career at Price Waterhouse as an accountant, Dr. Bergmann then worked in precious metals and commodity training at Drexel Lamber Trading Crop, followed by a twelve-year tenure at Bankers Trust. Prior to his current role, Dr. Bergmann served as CEO of Sentinel Advisors, LLC; this involved management of multiple funds with strategies including derivatives arbitrage, fund of funds, and risk overlay. Dr. Bergmann holds a master's degree in Liberal Studies and a Ph.D. in Comparative Religion, both from Columbia University.   Disclaimer: This podcast is not investment advice, and should not be relied upon as a basis for investment decisions. All content in this podcast reflects the opinions and views of the speakers. This podcast is for informational purposes only, without representation as to accuracy or completeness. The guest interviewed on this podcast was not a client of SEI Novus at the time of recording.  

Inflation is an enduring economic challenge that has persisted throughout human history. Despite the many efforts of economists and governments to control it, inflation remains a problem. What can advisors do to prepare and protect their investment portfolios? In today's episode, Rusty and Robyn talk with Michael Ashton, a.k.a. "The Inflation Guy", Managing Principal at Enduring Investments. Michael is recognized as one of the pioneers in U.S. inflation market innovation. Prior to founding Enduring Investments, he worked in research, sales and trading for several large investment banks including Bankers Trust, Barclays Capital, and JP Morgan. As a result of his deep experience and knowledge about inflation and how it impacts markets, Michael is considered the expert to the experts in the world of inflation. Michael talks with Rusty and Robyn about the causes and concerns around inflation, how investors can potentially adjust their investment portfolios in an inflationary environment, as well as his outlook on inflation over the next few years.   Key Takeaways [03:20] - An overview of Michael Ashton's professional career. [05:40] - What Enduring Investment has to offer investors. [09:41] - Michael's forecast on inflation over the next few years. [12:46] - How investors can prepare for inflation. [14:19] - The pros and cons of TIPS. [17:00] - Michael's perspective on I Bonds. [19:07] - Can digital assets or cryptocurrencies be used to fight inflation? [21:53] - The best time to purchase a car or to build a house. [28:16] - Michael's outlook on grain prices and food prices. [31:08] - Michael's forecast on educational inflation. [34:40] - What global debt means for financial portfolios. [39:10] - Why “defend your money” became Michael's tagline. [45:02] - What makes a good investment manager. [46:41] - How Michael maintains his physical and mental health. Quotes [16:49] - "Inflation exposes securities. That's what regular treasuries are. And TIPS are immune to inflation." - Michael Ashton  [18:05] - "If you're a small investor, the first investment you should be making is to take everything and put in into I Series Savings Bonds which have no interest rate risk, have no credit risk, and pay you inflation." - Michael Ashton [30:13] - "Food and energy prices change a lot. They also feedback very quickly on our perceptions of inflation as well. And global food shortages lead to political unrest at home and abroad and further the deglobalization trend that's in process." - Michael Ashton   Links  Michael Ashton on LinkedIn Michael Ashton Email Michael Ashton on Twitter Michael Ashton Blog Enduring Investments Red Barchetta by Rush You Can't Roller Skate In A Buffalo Herd by Roger Miller  Cents and Sensibility:  The Inflation Guy Podcast Connect with our hosts Rusty Vanneman Robyn Murray Subscribe and stay in touch Apple Podcasts Spotify Google Podcasts 0631-OPS-4/18/2022

Tom welcomes back David Kranzler of Investment Research Dynamics to the show. Dave argues that the weekly economic data is indicative of the U.S. already in a recession. Eighty percent of all U.S. households have been experiencing the characteristics of a recession. Credit card usage is spiking and this is likely because people are relying on them to make ends meet. Inflation remains rampant at double digits. It seems unlikely that the Fed will conduct quantitative tightening. Government spending deficit continues to balloon. This year's tax receipts will likely be down and the deficits will only increase. Who will be buying that debt other than the Fed? In addition, there appear to be major problems occurring behind the curtains with the credit markets. The quality of corporate credit is deteriorating quickly. We've been seeing a slow steady shift away from the dollar for the past decade. China has been utilizing its own currency in bilateral trade for some time. China has increased the size of its Asian trading markets so they are now less reliant on trade with the United States. The derivatives markets are the Achilles heel of the system. An example is the paper 'gold' derivatives versus the actual physical markets. They rely on investors leaving their 'metal' on the exchanges. Their worst nightmare would be for numerous funds and investors to demand delivery. He discusses what happens when general investors start moving into the miners and the outsized returns one can expect. Dave discusses the lack of investigation of fraud by the SEC. Every market cycle seems to make these investigations less likely. A lot of fraud continues to be perpetuated and there is a revolving door between government and corporations. Time Stamp References:0:00 - Introduction1:26 - Recession is Here4:18 - Household Debt7:14 - Quant Tightening11:00 - Dollar Status16:23 - The Achilles Heel19:30 - Comex Terms21:06 - Recent Sell-Off28:58 - Gold Movements35:56 - Taking Profits37:00 - Physical Demand42:27 - Elon, Tesla & Twitter48:34 - SEC & Corruption54:10 - Wrap Up Talking Points From This Episode Declining economic data and why we're in a recession already.Fed is unlikely to conduct Quantitative Tightening.The U.S. dollar and China's continued trade diversification.Why derivatives are the Achilles heel for the system. Guest Links:Twitter: https://twitter.com/InvResDynamicsWebsite: https://investmentresearchdynamics.comNewsletter: https://investmentresearchdynamics.com/mining-stock-journal David Kranzler spent many years working in various analytic jobs and trading on Wall Street. For nine of those years, he traded junk bonds for Bankers Trust. Dave earned a master's degree in business administration from the University of Chicago, concentrating on accounting and finance. He writes a blog to help people understand and analyze what is going on in our financial system and economy.

In August of 2017, High Alpha welcomed Lisa Coca, as our featured guest at our August Speaker Series. At the time of the interview, Lisa was the Managing Director of Corporate Venture Investments and Commercial Development at GE Ventures. In addition to her role as Managing Director at GE Ventures, Lisa was also the architect of GE Ventures' EDGE program which leverages the global scale, expertise and resources of GE to provide start-up partners with programs and tools to help them grow and scale their enterprise. Prior to joining GE Ventures, her professional career spanned a number of other disciplines including finance, sales & marketing, strategy, and business development at major financial institutions such as GE Capital, Bankers Trust, and Deutsche Bank. Lisa is now a Partner at Toyota Ventures, where she serves as the lead for the Climate Fund. In this role, she invests in the best entrepreneurs developing technologies and solutions focused on fighting climate change. In this episode, we revisit Lisa's Speaker Series where you'll learn: Key learnings from her experiences in venture capital The risks and rewards she has encountered throughout her career GE Ventures industrial journey

One of the first strategies I like to work on with my clients is helping them lower their costs. Sometimes, professionals like my guest on this show are great to help aid in that process because they have the relationships and teams to review the various bills and programs in place to see if there may be a better solution to the procurement of said service/product. On today's show, we're talking with Kevin O'Shaughnessy who is a cost-containment expert who helps businesses find savings on services like telecom, waste management solutions, shipping services, and more. But it's not just about the savings - after all, if a program is not going to be good for the business, it would not make sense. This is where Kevin works alongside the business to ensure everything works out according to plan. Listen in and see how you might start saving some money today on the services you're using! About Kevin: Kevin O'Shaughnessy is the owner of Schooley Mitchell of Red Bank. Schooley Mitchell is one of the largest cost reduction consultancy firms in North America. Kevin works with mid-to-large size companies to improve profitability with proven cost reduction strategies. He brings over 30 years of experience to Schooley Mitchell specializing in finance, sales/trading, and general management. His diverse Wall Street experience includes working for banking stalwarts JP Morgan and Bankers Trust, well-regarded hedge fund firm Harbert Management Corp, and the premier international brokerage firm TP Icap. Kevin spent more than 20 years at TP Icap/Tullet Prebon fighting to bring the best price for his clients in the commodity markets, ranging from interest rate products to energy. His responsibilities included general management of operations, strategic business development, and client relations. Connect with Kevin on Facebook, LinkedIn, Instagram, and on the web at https://www.schooleymitchell.com/koshaughnessy/

We're all familiar with CEOs and CFOs, but we're well overdue for a Chief Officer in the HR department. That's why Amanda Young is here as Chief Human Resources Officer at Bankers Trust — to talk about what that role means and how the expectations have changed over the past two decades. Amanda started her career in HR, working through internships and learning from mentors along the way. She found herself as an HR manager at 27, and today she is one of Fortune's 40 under 40 as the CHRO at Bankers Trust. She manages a team of 525 employees and, although banks are known for being stuffy and structured, Amanda brings new life to the industry by focusing on creating the meaningful work experiences employees want. Just over the past two years, the talent landscape has changed. People are leaving behind traditional roles for a variety of experiences that bring new depth to their careers. It's less about climbing the corporate ladder and more about enriching the work experience. For Amanda, it's about creating the flexibility for her team to do just that. Like many businesses, Bankers Trust transitioned to a more flexible workplace over the pandemic. But more than going online, the bank relaxed the dress code and maintained its focus on leadership and managerial training. Amanda is still facing a few obstacles in the coming year, but learning to respond to changes instead of just reacting to them isn't one. Her intentional responses and the deliberate and collaborative programs she's implemented for her team continue to provide them with the meaningful experiences they need. Of course, not every program can be a success story. Amanda shares her pitfalls and what happens when the programs you plan don't have any follow-through. It really takes a team to manage a company, and she takes care to enrich and empower her team just as much as she empowers herself. Tune in now to hear more about the role of a Chief Human Resources Officer and the resources Amanda uses for herself. If you would like more information on the resources Amanda discusses in this episode, check out: Fear Is Not The Boss Of You by Jennifer Allwood

In this episode of The Propcast, Louisa speaks with Peter Gibbons, MD of Openn Negotiation and Jeffery Gray, Founder and CEO of PROPIC about what it takes to exit and IPO a real estate company. They discuss how to set your company up to be IPO ready, how exciting it is to be in the Proptech sector right now, and how to maintain resilience when working in a Proptech startup.   Companies Mentioned: Openn Negotiation https://www.openn.com.au/  PROPIC https://www.propic.com.au/  REACH Australia https://nar-reach.com/  Domain Group https://www.domain.com.au/group/  Second Century Venues https://www.scv.vc/ National Association of Realtors https://www.nar.realtor/  MRI Group https://www.mrisoftware.com/ Fleet https://fleetspace.com/    Shout Outs Ash from ActivePipe (Ashley Farrugia) https://www.linkedin.com/in/ashley-farrugia-99bb0616/?originalSubdomain=au  MRI Group https://www.linkedin.com/company/mri-software-llc/    Key Insights From This Episode: Australia is quite advanced in terms of the technology we're using this vertical... there's probably a contact every two or three months from potential investors, from the US. So they are clearly watching what's happening with technology in PropTech, in Australia – Jeffery Gray 80% of all consumer inquiries for real estate happen out of work hours. - Jeffery Gray   Forbes has estimated by 2025, 95% of all consumer interactions are going to be supported by AI technology. Residential real estate is the largest asset class in the word. And you look at it as a vertical, it is well behind any other consumer facing vertical, arguably in the world. - Jeffery Gray VC's and investors in America are...scouring the word, looking for technology companies that are investing in artificial intelligence. It is the next generation of technology and that's why they're reaching out. - Jeffery Gray There's positives and negatives to being listed. For us it was overwhelmingly a positive on balance, particularly around securing the funding so that we don't need to worry about funding now in terms of our runway, but more importantly, we've got a very clear roadmap that needed funding to execute it. - Peter Gibbons To me real estate is that last great bastion. It is a great industry to be in, but there's so many areas for improvement, and that improvement is all about customer journey. So the buyer and seller journey, how do we make their lives easier? And the key conduit to that is help out the agents. - Peter Gibbons COVID was a bit of a wakeup call to maybe there are other ways of doing things that aren't the traditional way that we've undertaken it. So agents have really embraced it from that perspective because a) they either had time on their hands to learn about new things, and b) they had to come up with solutions that they probably haven't thought of before. - Peter Gibbons     Keywords: proptech, AI, IPO, listing, public, exit, property, real estate, funding, VC, investors   About Our Guests: Peter Gibbons, Openn Negotiation https://www.linkedin.com/in/peter-gibbons/?originalSubdomain=au  Peter Gibbons has extensive experience in property investment banking, property development and financing and technology development. He has held senior roles in some of the world's largest investment banks, including Macquarie Bank, Bankers Trust and Deutsche Bank, as well as Board roles at Landcorp, the Western Australian Football Commission, Silver Chain, and Chairman of the Bethanie Group.   About Openn Negotiation Openn Negotiation is an Australian property technology company offering a proprietary cloud-based software platform to support real estate agents in selling property online with greater transparency. The Openn platform facilitates a negotiation process, featuring streamlined digital contracting and automated communication tools, which enhances a property transaction. The solution provides buyers with real-time feedback through their device on how much competition exists and where their price stands in the negotiation, resulting in an optimal sales outcome.   Jeffery Gray, PROPIC https://www.linkedin.com/in/jeffery-gray-8b3216a/?originalSubdomain=au  Jeffery Gray the founder and CEO of Propic. He has extensive experience in property technology, data and AI. Jeffery was a former executive of Domain Group, Aristocrat, Lexis Nexis and numerous other data and technology companies. After a successful exit from a prior start up, he be came a Real Estate agent for a period, prior to joining Domain Group. As such has first hand experience with the pain points, challenges and opportunities that the Real Estate vertical has.   About PropicPropic is an Australian based data and AI company that delivers conversational AI and data solutions to residential real estate agents spanning, Sales, Property Management and Project Marketing, House and Land and Build to Rent Propic's conversational AI (Enliven AI) serves consumers 24/7 enabling its customers to scale with out people and in real time. ReVeal AI is a data platform that tracks every property and listing in australia, ingests customer data and its algorithms works out who has the highest propensity to transact in the future. The agent app tells and agent, who to call, when and most importantly why, all in natural language.   About Our Host Louisa Dickins https://www.linkedin.com/in/louisa-dickins-ab065392/?originalSubdomain=uk Louisa started her career in property working at a well-known estate agency in London. Realising her people skills, she moved over to Lloyd May to pursue a career in recruitment. She now is a Director at LMRE, who are a specialist recruitment firm driven by PropTech and recruitment professionals, and Louisa oversees their 5 core areas. Louisa co-founded LMRE and provides a constructive recruitment platform to the new disruptors in real estate. Louisa is also on the board of Directors at UK PropTech Association (UKPA).   About LMRE www.lmre.tech LMRE believe there is a better way to recruit. LMRE focus on a more comprehensive, client led focus delivering exceptional talent to the place at the time. They are passionate about the industry and passionate about people's careers. LMRE spend time with each client to become and an extension of the business, and their transparency and core values help them grow with the sector. LMRE simplify recruitment and innovate with our clients and evolve the people driven, PropTech community.

Sholom Ber was the Chief Technology Officer and Head of Global Infrastructure at Bankers Trust, Lehman Brothers and Goldman Sachs; Head of IT Risk Management at JPMorgan Chase; Head of Global Products & Services at Credit Suisse. Experienced in architecture, engineering and operations of global technology infrastructure with specialization in information security. In this interview: Growing up in Crown Heights of the 1960's The Rebbes guidance to a non-conformist teen The role of hashgacha pratis in career pathway Amazing opportunity of a tech career The definition of a secure job To climb the ranks become the best If you go with pride they will respect you You are a representative of the Jewish People A mentch is respected in Corporate America When an opportunity presents itself step forward Tips to thrive in Corporate America

The path to practice ownership for most dentists will almost certainly involve borrowing money.  In the latest episode of The Practice Growth Podcast, Chad Solberg with Bankers Trust shares his insights from 20 years in the business banking and lending industry.  Listen to learn more about:  The three most common paths to lending in the dental industry.  How Bankers Trust differentiates itself with a customizable approach. The advantages of partnering with a local bank for lending. Plus more.  You can contact Chad at csolberg@bankerstrust.com or 515-710-7703. You can find more information about Bankers Trust at bankerstrust.com 

In this episode, Christian sits down with Kevin Gold of VVA. With over 28 years of architectural and project management experience, and a veteran of VVA for over 16 years, Kevin has completed some of the largest, most complex technology, financial services, education, residential, retail and law firm projects for VVA. He maintains an active position directly managing consultant and construction teams while ensuring schedule, budget, and value goals are met. Prior to joining VVA, Kevin worked as an Architect and Project Manager for such prestigious clients as DoubleClick, Cadwalader, Pillsbury Winthrop, Jones Day, Chase Manhattan Bank, Morgan Stanley, and Bankers Trust. He has held positions with prominent Architectural firms including Butler Rogers Baskett, The Phillips Group US/UK, and Rafael Vinoly Architects. https://www.vvallc.com/ https://theantiarchitect.com/

Rita Mitjans is the President and Founder of Bizguru Consulting; a firm focused on accelerating performance through sustainable cultures and business practices. Rita is an award-winning certified executive coach and senior executive. In her previous role of Head of Diversity and Social Responsibility at ADP, she significantly increased the number of women and minorities in executive leadership. She has held leadership roles at ADP, Deutsche Bank, and Bankers Trust and serves on the World Trade Resource Advisory Board. Rita earned her MBA from Harvard University and her Bachelor's degree from St. John's University. Rita joins me today to discuss how self-awareness is a crucial ingredient of learning to grow. She shares what she has learned throughout her career and highlights why it is essential to know when to ask for help and say no. She shares how perfection syndrome can affect women's careers and the struggle women endure with the work/life balance. We also discuss the importance of self-awareness, self-forgiveness, and the value of learning from our mistakes and weaknesses. “Without self-awareness, it is very difficult to achieve any level of true growth - because that's where it starts.” - Rita Mitjans This week on The Unwritten Rules Podcast: How to embed inclusion and diversity in an organization The lessons Rita learned in her career including knowing when to ask for help How perfection syndrome can affect women in their careers Finding the work/life balance and job expectations of doing more with fewer resources Knowing that you can say no and make your opinion heard Why it is vital to recognize that you don't need to be perfect Self-awareness and how true personal growth begins with turning our failures into opportunities to learn Our Favorite Quotes: “In order to embed the concept of diversity and inclusion in a company or organization, you need to understand the organization and what it's like to be one of those leaders.” - Rita Mitjans “When you move into leadership you need to now be able to develop others to do what you are able to do well.” - Rita Mitjans “No one is perfect. No one has all the answers.” - Rita Mitjans Connect with Rita Mitjans: Bizguru Consulting Rita@bizgurullc.com Rita Mitjans on LinkedIn Rita Mitjans on Instagram Rita Mitjans on Twitter  Writing the Rules of Women Leadership Thanks for tuning into today's episode of The Unwritten Rules with your host, Helen Appleby. If you enjoyed this episode, please head over to Apple Podcasts to subscribe and leave a rating and review. Don't forget to follow us on Facebook and LinkedIn and share your favorite episodes across social media. And for even more great content, insight, and inspiration on women's leadership, visit our website. While you're there, be sure to grab your free gift - the first chapter of my latest book, The Unwritten Rules of Women's Leadership, is available to hear for free on my website. Visit www.theunwrittenrules.com to listen today.