Podcasts about Bathurst

RATINGS JIM!! The boys are ecstatic about the latest radio ratings, and they're not shy in saying so. After that, it's Billy's All Sports Report - with an all-time classic NBA Finals game. Alex Carey calls in from Bangladesh as the Aussies play their ODI series, but Billy is more interested in how many ads Kez is appearing in these days. JB shares a story about how curfews don't work, we celebrate Rosie Walton's 50th birthday, and hear a massive Idiot File from Billy. Supercars driver Matt Payne is in studio reflecting on the mayhem at Bathurst, driving hot laps for celebrities, and visiting Hobbiton in New Zealand. Finally, Billy has a tried and true joke about poor old grandpa and some Sunday morning shenanigans.See omnystudio.com/listener for privacy information.

See omnystudio.com/listener for privacy information.

Conquering the Castrol 6 hour and success in the legendary Swann Series. Making his mark internationally at events like the famous Suzuka 8 hour. Doing double duty - the Australian Motorcycle Grand Prix and the Bathurst 1000 - in the same season!Nearly rolling a Corolla and how it became a national marketing campaign.Going from Yamaha to Kawasaki and reflections on that move now with the benefit of time.Quitting out of frustration in Japan but not before proving a point. And how he quietly helped introduce Mick Doohan to some well connected types, a pivotal moment as ‘Mighty Mick’ headed for Honda and a string of 500cc World Titles. Plus ‘Golf Buggy Derbies’ and the gripping tale of a Great White Shark! Straight talk, some laughs and wonderful recollections from a diversely talented world class racer. Head to Rusty's Facebook, Twitter or Instagram and give us your feedback and let us know who you want to hear from on Rusty's GarageSee omnystudio.com/listener for privacy information.

Thanks to all of our loyal listeners who messaged and asked for this one. It’s an overdue chat with a bike racing legend who was just as skillful in Touring Cars. The unexpected medical benefits of heading west as a youngster and how early experiences with dirt bikes made a powerful impact. His vivid recollections of the late Gregg Hansford at Waneroo and how he was spellbound by his riding. The advice from a rival who convinced Dowson’s incredibly supportive parents that he had the right stuff but a move to the east coast might open more doors.Plus a connection to Supercars commentator Chad Neylon and being brave enough to hold it wide open at Bathurst. This is the first half of a ripper conversation with the rider they call ‘the Doorman’ and ‘the Colonel’ the hugely talented and widely respected Michael Dowson. Head to Rusty's Facebook, Twitter or Instagram and give us your feedback and let us know who you want to hear from on Rusty's GarageSee omnystudio.com/listener for privacy information.

Comment on the show?..send me a text!The latest iRacing Development Update has arrived and there is plenty to discuss!In this episode of The Lone Road iRacing Podcast, host Guy Robertson takes a deep dive into the biggest announcements from the May 2026 Development Update, including the arrival of Dirt AI, the brand-new Formula Vee, the BMW M2 Racing car, UI improvements and what these changes could mean for the future of iRacing.Then we tackle one of the biggest debates in sim racing:Which continent has the best race tracks?Europe, North America, Oceania, Asia, South America or Africa?From Spa and the Nürburgring to Bathurst, Suzuka and Road America, we explore what truly makes a great racing circuit and ask listeners to vote for their favourite continent.Finally, in this week's iRacing Agony Uncle, we answer a listener question about buying content. How much content do you really need? Should you buy every new release? Or focus on mastering the cars and tracks you already own?

The studio went intergalactic today as Australian of the Year and astronaut Katherine Bennell-Pegg joined the team! She revealed why WA is "punching above its weight" in the space race and discussed the $100 million price tag to get her to the International Space Station. We also celebrated Kylie Minogue's birthday, scratched our heads over video of RFK Jr. wrestling snakes with his bare hands, and discussed Adam Sandler being "slam-dressed" for wearing trackies to a J-Lo movie premiere. Rove McManus also dropped by, revealing he once got called out by a Bathurst local for making jokes about Grant Denyer's height! See omnystudio.com/listener for privacy information.

In this episode, we break down Jay's legendary path to becoming a national stone skimming champion at Lake Hāwea and look ahead to our massive trip to Bathurst. Plus, we share two brutal war stories from the front line and dissect the funniest Facebook Marketplace ad we've seen in a long time. Hit us up and get all our links: https://linktr.ee/notforradio Become a Sniper Elite: ⁠⁠https://plus.rova.nz/] Learn more about your ad choices. Visit megaphone.fm/adchoices

Det så kallade perfekta försvinnandet fortsätter kittla fantasin. Och vi behöver de ouppklarade mysterierna, menar historikern Peter K Andersson. Lyssna på alla avsnitt i Sveriges Radios app. ESSÄ: Detta är en text där skribenten reflekterar över ett ämne eller ett verk. Åsikter som uttrycks är skribentens egna.I berättelserna om Sherlock Holmes är fallen som Dr. Watson inte berättar om, ofta mer tankeväckande än de han faktiskt skildrar. Spänningen och uppfinningsrikedomen i romaner och noveller som Baskervilles hund, Det spräckliga bandet eller De rödhårigas förening är icke att förringa. Men när Watson i förbifarten talar om andra fall som Holmes var inblandad i, fall som vi aldrig får veta några detaljer om, så väcks nyfikenheten på ett helt annat sätt.Det mest kända av dessa odokumenterade fall är onekligen det som kretsade kring jätteråttan från Sumatra, som Holmes i all hast talar om som en historia som ännu inte kan berättas, eftersom världen inte är redo för den. Men bland Holmes okända fall finns också den märkliga historien om aluminiumkryckan, historien om Ricoletti med klumpfoten och hans fasansfulla hustru, gripandet av Wilson, den ökände kanariefågelsdressören, eller kardinal Toscas mystiska död, som Holmes utredde på direkt begäran av påven själv.Bland alla dessa korta omnämnanden, som i vissa fall har blivit lika berömda som de utförligt beskrivna historierna, finns det ett som jag alltid har varit särskilt fascinerad av. I kategorin ouppklarade fall, berättar Watson, finns historien om mr James Phillimore, som gick tillbaka in i sitt hus för att hämta sitt paraply och aldrig mer sågs till i denna världen. Mer än så säger inte Watson om just detta fall, förutom att han nämner att det aldrig fick sin förklaring, och att det hör till de få misslyckandena i Holmes karriär. Uppgifterna är retsamt knapphändiga, men just därför också väldigt kittlande. Vad var det som hände egentligen? Herr Phillimore var uppenbarligen på väg ut, men så ångrade han sig. Troligtvis gjorde han bedömning en att det skulle bli regn, och vände tillbaka in i huset för att hämta ett paraply. Och i samma stund som han gick in genom dörren så försvann han.Den enorma uppsjö av författare som skrivit pastischer på Sherlock Holmes, har sedan årtionden spekulerat i möjligheten att det helt enkelt inte gick att ge en naturlig förklaring till mysteriet, och följaktligen skrivit skildringar av fallet som i olika grad hämtat drag från science fiction-genren. I en av de bättre av dessa pastischer flörtar man med eventualiteten att Phillimore gått rakt in i en vortex, det vill säga ett hål i tidrymden, med förmågan att transportera en människa från en punkt i universum till en annan.Men så fort man tar steget mot en förklaring av James Phillimores försvinnande, så förlorar fallet något av sin lockelse. Det är just det faktum att mysteriet är så plötsligt och oförklarligt, samtidigt som det äger rum i en till synes helt vanlig vardagssituation, medelklassherren som ger sig av till sitt kontor, som gör det så fängslande. För många år sedan talade sociologen Johan Asplund om det perfekta försvinnandet. Ett försvinnande som är spårlöst, ouppklarat och framförallt omotiverat. Helt enkelt försvinnanden där det verkar som om personen i fråga bara har gått upp i rök. Genom hela den moderna historien har populärkulturen och folkloren haft en bestående fascination för sådana händelser. I 1800-talets snabbt växande medielandskap fylldes tidningarna med vilda spekulationer så fort någon framstående person gått under jorden.Ett särskilt talande exempel är den engelske kyrkoherden Benjamin Speke, som plötsligt försvann när han var ute och gjorde ärenden i London en januaridag 1868. Tidningarna tävlade med varandra under en dryg vecka i att komma på olika sätt som han kunde ha tagits av daga på, det ena mer makabert än det andra, innan han plötsligt påträffades igen som kofösare på en bondgård i Cornwall. Han hade helt enkelt iscensatt sitt eget försvinnande, förmodligen trött på sitt nuvarande liv.Samma sak hände som bekant Agatha Christie 1926, då hon gick förlorad efter ett gräl med sin make. Och det här är en typ av mysterier vars dragningskraft är stark även i vår tid. Men hur många av verklighetens fall är perfekta försvinnanden enligt Asplunds kriterier? Vissa av de historier som blivit legendariska är inte lika mystiska när man granskar dem närmare. Det berömda fallet med briggen Mary Celeste, som påträffades drivande omkring i havet vid Azorerna 1872, med besättningen spårlöst försvunnen, är nu för gammalt för att få en lösning. Men de uppgifter som man brukar lyfta fram när historien berättas, att maten stod på bordet fortfarande ljummen, att brasan brann i eldstaden och att loggboken var ifylld en timme innan fartyget hittades, är rena påhitt som tidningarna lade till för att göra det hela mer sensationellt.Samma sak gäller diplomaten Benjamin Bathurst som försvann 1809, när han befann sig på resa i Tyskland. Han och hans betjänt stannade till vid ett värdshus, där hans vagn skulle byta hästar. Innan avfärden inspekterade Bathurst de nya hästarna, medan hans betjänt tittade på. Bathurst gick runt hästspannet till andra sidan och sågs sedan aldrig mer. Asplund tar själv upp det här fallet som ett exempel på hans perfekta försvinnande, men kanske var han för ivrig att hitta ett bra exempel. Det visar sig nämligen, när man fördjupar sig i historien, att Bathursts försvinnande inte var tillnärmelsevis så plötsligt och oförklarligt, som det verkar i den version av händelsen som oftast återberättas.Är dessa perfekta försvinnanden då bara en produkt av fantasin, ett uttryck för något slags märklig önskan hos människorna om att det ska finnas något oförklarligt och mystiskt även i moderniteten? De mysterier ur historien som ännu inte fått sin lösning kommer sannolikt alltid att fängsla efterföljande generationer. Man kan lansera hur trovärdiga teorier som helst om vem som var Jack the Ripper, eller vem som sköt Palme. Men när det har gått en viss tid går inga teorier att slutgiltigt bevisa, och då tar historien, eller snarare mytologin, över.Samtidigt vill vi nog också behålla några av våra mysterier. Medan ett fall som Palmemordet fortfarande kan klassas som ett nationellt trauma, och ett pinsamt nederlag för polisväsendet, kommer det troligtvis att med tiden övergå i den distanserade status som Whitechapel-morden, eller Mary Celeste nu har. Det vore kanske väl cyniskt att säga att vi behöver ouppklarade fall. Jag tror knappast att Jackie Kennedy eller Elizabeth Gustavsdotter, Jack the Rippers tredje offer, skulle hålla med mig. Men de gjuter liv i en fantasi som innefattar någonting större och mer existentiellt. En fantasi som återspeglas i tron på kidnappningar utförda av både älvor och utomjordingar.Men även om denna fantasi är stor och mångfaldig, så har den troligtvis kommit till för att bearbeta en omständighet som är gemensam för alla människor. Det egendomliga faktum att vi finns här på jorden ena dagen, för att nästa dag vara borta.Peter K Anderssonhistoriker och författareProducent: Morris WikströmMusiken är av Hans Zimmer från soundtracket Sherlock Holmes (2009)

Jason Bargwanna grew up around race cars, but making it to the heights of conquering Mount Panorama was never a given. The passionate motorsport man recounts his journey of struggles and success with Gaz and Daz, including his rise through Formula Vee and Formula Ford, his surprise early start in the Bathurst 1000 and the highs and lows of Supercars racing.Grassroots Racing – A Speedcafe.com podcast

In an age of division, noise and rapid change, how do we find our way back to meaningful conversation? Distinguished Professor Stan Grant delivered a powerful public lecture at Charles Sturt University' Bathurst campus exploring the limits of language in a fractured world. Drawing on philosophy, history and lived experience, Stan reflects on the limits of language in a fractured world - and the urgent need to reconnect through deeper forms of understanding. At the heart of this conversation is Yindyamarra - a Wiradyuri philosophy grounded in respect, humility and deep listening. Through this lens, the event invites us to reconsider how we engage with one another, especially in moments where words fall short.  This is more than a lecture.  It is a call to pause, reflect and listen - to ourselves, to each other, and to the world around us.

It's episode 81 and James is buzzing from yesterday's gig in Fredericton and last week's big celebration in Bathurst! This week he is almost exclusively rambling brand new jokes just for you, based on your suggestions with a few unexpected sidetracks along the way covering subjects as varied as war, boarding school, VHS video tapes, newspapers, pointless Netflix movies, hockey playoffs, politics, Nikki Glaser's new special and so much more! Mullinger's Weekly Ramble is brought to you by PodstarterPlease send any questions to comedy@jamesmullinger.comFor podcast advertsing and sponsorship opportunities, please email info@podstarter.ca 

Today on the radio show. 1 - Smoko. 5 - Bennys car crash chat. 8 - Not today death. 10 - Being British 13 - Craig Bellamy. 17 - Bogan Horoscopes. 22 - Be careful who you steal from. 26 - Sam, our NRWW winner. 28 - Siobhan, our RTG winner off to Bathurst. 33 - Willy, our Smoko winner. 35 - Jack Black’s mum. 37 - The snail conundrum. 40 - Nicotine pouches. 42 - Late mail. 45 - Last drinks.

Today on the Poddy: 01:44 - War Story #1 - Married Bliss 06:30 - Shat Someone Else's Pants 07:12 - Duck Shooting 11:00 - Tilly's Cock Pump 13:44 - Hunting Boots 14:50 - Nickname Ninjas 16:24 - Interview Blowout 20:15 - Bathurst 1000 Trip 22:46 - Chicken Nugget Chat 25:30 - One Up Guys 30:30 - War Story #2 - Spicy Sausage 34:00 - Real Heroes Of Real Estate 36:15 - The 5'oclock Club Hit us up and get all our links: https://linktr.ee/notforradio Become a Sniper Elite: ⁠⁠https://plus.rova.nz/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Awarded a Member of the Order of the British Empire in the Queen’s Birthday Honours in 1987 for services to Motorsport Ken Smith wasn’t about to let that be a book end to his career. There was still so much more he wanted to do.His eye for talent and the significant help he gave in the background to sure up the future of some modern day stars.Working with Indycar great Scott Dixon, World Sportscar and Le Mans 24 hour winner Brendon Hartley, 4-time Bathurst winner Greg Murphy (in his early days) as well as Shane van Gisbergen and Liam Lawson.Trading blows with Craig Baird and Paul Radisich as they climbed the ladder.Reflections on the lovely constant for so much of his racing, his late Mother Dorothy.And we’ll talk about the cool cars that surround us in the 5-time Gold Star winner’s workshop. Plus the odd saloon car drive and much more.The numbers seem hard to comprehend, 50 starts in the New Zealand Grand Prix, almost 70 years of continuous racing, success overseas in Asia as well as countless wins at home. We don’t get to every podium or memories of every high or low but this is a well rounded summary of an incredible career so far and Ken Smith has no plans to hang up the helmet just yet.Head to Rusty's Facebook, Twitter or Instagram and give us your feedback and let us know who you want to hear from on Rusty's GarageSee omnystudio.com/listener for privacy information.

In March, Ashley launched her new thriller 'Like, Follow, Die.' In episode 129, hear a live recording of the very special Sydney launch event at Gleebooks, Glebe, where James interviewed Ashley and superstar actor and audiobook narrator Claudia Karvan. Claudia Karvan is one of Australia's most respected and acclaimed film and television actors. She co-created, produced, and starred in the Stan series Bump, earning AACTA and Silver Logie nominations for her performance, and the 2026 AACTA Award for Best Narrative Comedy Series. Claudia also appeared in Disney+'s The Clearing. Earlier, she co-created and produced Doctor Doctor for Nine Network and co-created, produced and starred in the Foxtel series Spirited and Love My Way, winning two Silver Logies and two AFI Awards for the latter. In 2023, she was honoured with an Order of Australia for her service to the industry. Books & authors discussed in this episode: Clown World: Four Years Inside Andrew Tate's Manosphere by Matt Shea and Jamie Tahsin Alain de Botton Find Like, Follow, Die through Booktopia or from your local bookshop or library, or listen to the audiobook only from Audible, narrated by Claudia Karvan, Ryan Corr and Laurence Boxhall.    Upcoming events  Sydney – join Ashley in conversation at Avalon Library, Wednesday 6 May, 5.45pm   Sydney – join Ashley for her Memoir Writing workshop as part of Writer's Toolbox Day at Kirrawee Library, Saturday 9 May Online – Ashley is teaching Online: Crime Writing for Faber Academy starting 12 May Orange, NSW – join Ashley for her first-ever Orange author talk on Thursday 14 May, 5.30pm   Bathurst, NSW – join Ashley for her first-ever Bathurst author talk on Friday 15 May, 15 May    Sydney – join Ashley, Pip Drysdale, Hayley Scrivenor and Rachael Johns for Booked for Lunch, a special She Journeys celebration of books and writing, Saturday 16 May, 9am-3pm  Sydney – join Ashley at the BAD Sydney Crime Book Club to discuss the spoilers and behind-the-scenes of Like, Follow, Die, Wednesday 27 May, 12.30pm  Darwin – join Ashley for her first-ever Darwin event, part of NT Writers Festival, Sunday 31 May, 10.15am  Darwin – join Ashley in conversation for a Book Besties Darwin special event, Monday 1 June, 6pm  Sydney – join James for the launch of Touch Grass by Mary Colussi, Tuesday 2 June, 6.30 pm Sydney – join Ashley for a **free** workshop, Connecting with Your Creative Practice, Friday 19 June, 10am-2pm  Adelaide – Ashley is teaching Crafting Narrative Drive for Writers SA, Saturday 27 June 10.30am   Winter Writing Retreat – join Ashley for a multi-day writing retreat from Writers at the Woolshed, 12-17 July in the Southern Highlands  Geelong – join Ashley for her first-ever Geelong event with Dymocks Books in Bars, Wednesday 22 July, 6.30pm  Learn more about Ashley's thrillers, Dark Mode, Cold Truth, and Like, Follow, Die and get your copies from your local bookshop or library.  Learn more about James's award-winning novel Denizen and get your copy from your local bookshop or library. Get in touch! ashleykalagianblunt.com jamesmckenziewatson.com Instagram: @akalagianblunt + @jamesmcwatson

Today on the radio show. 1 – Smoko. You can’t park there, mate. 5 - Fast food wine pairing. 8 - Chaz and Woody Winner. 10 - Dolphin chat. 14 - Candice is in the draw for Bathurst. 16 - Jason Momoa on Hawaiian Pizza. 20 - One in a million. 23 - The Random Souths guy. 28 - Get in my belly. 32 - Benny Boy’s Karma. 37 - Jay’s marathon. 41 - Late mail. 44 - Last drinks.

Two weeks after Toronto police's new rules of engagement were announced for the duelling anti– and pro-Israel weekly demonstrations at the intersection of Bathurst St. and Sheppard Ave., a small core of marchers nevertheless spread out through the heavily Jewish area. That prompted renewed expressions of frustration on Sunday, April 5, from some local residents and Jewish leaders who believe that the protesters should not be permitted to expand their traditional protest zone at the intersection. But police say there's obviously some confusion, because they were never going to ban the anti-Israel protests entirely. Rather, they just want to keep marchers off residential side streets. So did the new rules improve safety at all? Or was the heavy police presence the key factor in keeping things a bit quieter this time? On today's episode of The CJN's "North Star" podcast, host Ellin Bessner brings you her on-the-ground report from the three-hour long duelling rally and march. You'll hear from several voices, including Toronto police Inspector Israel Bernardo, who explains why the new rules may have been misunderstood; James Pasternak, the local city councillor who says the protests are taking up valuable police resources for the sake of “glorified babysitting”; lawyer and activist Michael Teper, who describes his role in sparking a recent hate crime arrest; and one resident of the neighbourhood who feels the police's new protest zone rules actually allowed the anti-Israel demonstrations to escalate. Related stories Read more about how the new police protest rules were enforced at Bathurst and Sheppard on April 5, in The CJN. Why Toronto police announced March 22 that no protesters would be allowed to enter side streets, in The CJN. Hear legal experts denounce why so many antisemitic or anti-Israel protesters in Toronto are having their charges dropped, on The CJN's “North Star” podcast . Credits Host and writer: Ellin Bessner ( @ebessner ) Production team: Zachary Kauffman (senior producer), Andrea Varsany (producer), Michael Fraiman (executive producer), Alicia Richler (editorial director) Music: Bret Higgins Support our show Subscribe to The CJN newsletter Donate to The CJN (+ get a charitable tax receipt) Subscribe to North Star (Not sure how? Click here ) Watch our podcasts on YouTube. Help others find this podcast by leaving us a review for “North Star” on Apple Podcasts via your iPhone or iPad device, or with your Android. (Spotify allows only starred ratings but you can do that, too!)

The Kavich brothers have finally done it. After ten straight attempts, Ben and Michael — teamed with Thomas Randle — claimed an emotional outright victory in the Bathurst 6 Hour, winning in their BMW M2 after a chaotic race packed with safety cars and late?race drama. Randle was passed in the final minutes, but a post?race penalty swung the result back their way, sealing a breakthrough win for one of the event's most loyal families. A huge moment for the Kavichs, for Randle, and for the Mountain.

Granddaughter of a pioneer, daughter of a legend in Marcos Ambrose….how Tabitha is forging her own path. The racing bond with her Dad and why this relentless pursuit has to be fun, being the first in the family to pick up a trophy at Bathurst and how it all started. When Dad showed up at school in the US with a very cool car, racing in Formula Ford and why it’s so important at this stage of her journey and the secret Trans Am test. Plus the incredible inner strength she witnessed in her Dad’s serious but very private cancer battle and perhaps why it’s made her respect him even more. Tabitha is a switched on racer who is fiercely determined to carve her own career in motorsport and is immersing herself in every aspect of the business. The easy listening convo comes easily between these two. You’ll be impressed with the commitment and confidence for someone whose teenage year are barely in the rear view mirror. Enjoy! Head to Rusty's Facebook, Twitter or Instagram and give us your feedback and let us know who you want to hear from on Rusty's GarageSee omnystudio.com/listener for privacy information.

Ainsley Melham has just finished playing the lead role in Disney's Aladdin on Broadway, for the second time. Born in Bathurst, west of Sydney, Ainsley studied at the West Australian Academy of Performing Arts (WAAPA) before scoring his first role in the children's musical group Hi-5, who were huge in Australia, Asia and the UAE. After 3 years with Hi-5 Ainsley departed to go back to his musical theatre roots. Shortly thereafter Ainsley won the title role in Disney Theatrical Company's Aladdin in Sydney, before taking that role to the bright lights of Broadway in 2019. He toured Australia in both Pippin (2020) and Wicked (2024) and in 2025 starred as Dwayne in Boop! The Musical on Broadway. Ainsley originated this role in the 2023 pre-Broadway run and continued with the production to Broadway last year. This is a wonderful story of hard work, a solid work ethic, dreams, grit, chasing a challenge, chasing the process, all the while remaining humble and grounded. LINKS   Ainsley's website ainsleymelham.com   Instagram @ainsleymelham   The Mojo Sessions website www.themojosessions.com   The Mojo Sessions on Patreon www.patreon.com/TheMojoSessions Full transcripts of the show (plus time codes) are available on Patreon.   The Mojo Sessions on Facebook www.facebook.com/TheMojoSessions   Gary on LinkedIn www.linkedin.com/in/gary-bertwistle   Gary on Twitter www.twitter.com/GaryBertwistle   The Mojo Sessions on Instagram www.instagram.com/themojosessions   If you like what you hear, we'd be grateful for a review on Apple Podcasts or Spotify. Happy listening!   © 2026 Gary Bertwistle.  All Rights Reserved.

In episode 128, author Susan Francis joins James and Ashley to share the insidious ways invisible illness and ageism have impacted her sense of self and forced her to reframe her thinking.  At 65 years old, Susan lives with atrial fibrillation (AF), a type of arrhythmia that can lead to heart failure. She shares the challenges of this condition and her creative efforts to be a good (literary) friend despite the limitations of her health.  Susan also discusses her shift from memoir to fiction, and how she crafted her debut historical novel, Revelation Beach, which explores East Timor during the era of the Balibo Five.  Plus, in this month's What Are You Reading segment, Ashley and Susan go deep into Small Things Like These by Claire Keegan (warning: slight spoiler), we return to the frustration/brilliance of Tana French's In the Woods, and James introduces his razor-blade theory of novel endings.  Susan Francis is a writer, teacher and editor. Her memoir The Love that Remains was published in 2020. Her debut novel, Revelation Beach, came out in 2025. Find Revelation Beach and Susan's memoir at Booktopia or from your local bookshop or library.  Books & authors discussed in this episode: Small Things Like These by Claire Keegan So Late in the Day by Claire Keegan The Twenty Days of Turin by Giorgio De Maria, translated by Ramon Glazov The Gambler by JP Pomare Recursion by Blake Crouch In the Woods by Tana French Upcoming events  Central Coast – join Ashley and Anna Downes for the launch of Like, Follow Die on Thursday 27 March, 6pm Sydney – James and Ashley are in conversation with Claudia Karvan for the launch of Like, Follow – Tuesday 31 March, 6pm at Gleebooks, Glebe  Adelaide – join Ashley and Michelle Prak for the launch of Like, Follow, Die on Tuesday 14 April, 6pm Orange, NSW – join Ashley for her first-ever Orange author talk on Thursday 14 May, 5.30pm   Bathurst, NSW –  join Ashley for her first-ever Bathurst author talk on Friday 15 May 14, link to come    Sydney – join Ashley, Pip Drysdale, Hayley Scrivenor and Rachael Johns for Booked for Lunch, a special She Journeys celebration of books and writing, Saturday 16 May, 9am-3pm Sydney – join Ashley at the BAD Sydney Crime Book Club to discuss the spoilers and behind-the-scenes of Like, Follow, Die, Wednesday 27 May, 12.30pm  Darwin – Ashley's first NT author events TBA soon!  Winter Writing Retreat – join Ashley for a multi-day writing retreat from Writers at the Woolshed, 12-17 July in the Southern Highlands  Online – Ashley is teaching Online: Crime Writing for Faber Academy starting 12 May Learn more about Ashley's thrillers, Dark Mode, Cold Truth, and Like, Follow, Die and get your copies from your local bookshop or library.  Learn more about James's award-winning novel Denizen and get your copy from your local bookshop or library. Get in touch! ashleykalagianblunt.com jamesmckenziewatson.com Instagram: @akalagianblunt + @jamesmcwatson

Penrith Panthers legend, Royce Simmons, dishes on the importance of continuing to take the game to the Central West and highlights it's huge impact on country rugby league. Simmons also shares an update on his ongoing health battles. See omnystudio.com/listener for privacy information.

First cast this morning looks at a project to help anglers identify the rare native fish of the Central West at Bathurst.

The grounded approach the team is taking that comes right from the top. How the relentless off-season work at BRT has filled them with confidence and a determination by the drivers to repay the faith as they say. Jimmy is making the most of his new surroundings and we look back on his Bathurst 2025 podium with the benefit of a bit of time to process it. A turning point for Aaron at Adelaide last year and how he rose to the occasion. Plus the wave of new supporters (all in BRT merch) that love the underdog story. And ‘Flying High’….Sky Diving indoors. Are either of them ready for a cameo in the next Point Break movie? This convo flies by. It’s like the three of them are at a BBQ and you’re within earshot. Enjoy.See omnystudio.com/listener for privacy information.

Zac Lomax ends the saga with a code switch to the Western Force, the Broncos suffer their worst performance under Maguire in a 26-0 belting by Penrith, and DCE's Roosters debut ends in a 42-18 horror loss in Auckland. NRL Round 1 2026 review — the Titans' 50-10 embarrassment, Manly's golden point collapse, Alex Johnston chasing Ken Irvine's all-time try record, and the game of the round: Penrith vs Cronulla at Bathurst.See omnystudio.com/listener for privacy information.

Two time Bathurst 1000 winner Will Davison joins Tony Whitlock at the Adelaide Motorsport Festival to relive the thrill of returning to the track in his 2015 Supercar. Davison reflects on the era that car represents, the memories tied to it, and what it means to bring such an iconic machine back to life in front of

Description This week on Overdrive, David Brown and Paul Murrell unpack the first results from Australia's New Vehicle Efficiency Standard and what they really mean for car makers and buyers. They examine winners, losers and the politics of emissions averaging. Subaru returns to frontline motorsport safety, JAC fine-tunes a plug-in hybrid ute at Lang Lang, and Leapmotor updates its EV over the air. Plus, listener feedback on traffic data, marketing jargon, Bathurst memories—and a road test of the MG U9 ute that surprises in more ways than one. Episode Breakdown • NVES first results analysed – including winners, losers 00:00:39 • Subaru's new Supercars role – 00:16:23 • JAC Hunter PHEV tested locally – 00:26:05 • Leapmotor OTA update explained – 00:30:56 • Traffic data & governance debate – 00:39:51 • Road test: MG U9 ute – 00:50:37 ________________________________________ NVES first results analysed The New Vehicle Efficiency Standard's first six-month snapshot shows about two-thirds of suppliers beating their CO₂ targets. Passenger cars averaged 21 per cent below target, but light commercials—especially utes—lagged. The scheme works on fleet averages, not individual bans, raising questions about offsets, real-world use and whether it drives genuine change or simply mirrors market trends already underway. Winners, losers & carbon credits BYD leads on credits, with Toyota and Tesla strong thanks largely to hybrids and EVs. Mazda sits deep in deficit, with Nissan and Subaru also behind. Performance brands such as Ferrari and Rolls-Royce top the per-vehicle emissions stakes, though low volumes soften impact. The ability to trade credits adds economic pressure—but also fuels debate about “buying the right to pollute”. Subaru's new Supercars role Subaru becomes exclusive on-track support vehicle supplier for the Repco Supercars Championship from 2026. WRX tS Spec B models will act as safety and course cars, with Outback handling medical duties. The move reinforces brand credibility in performance and safety, even as motorsport's marketing value remains hard to quantify. JAC Hunter PHEV tested locally JAC's Hunter plug-in hybrid ute is undergoing 50,000km of Australian validation at Lang Lang and on public roads. With dual electric motors, turbo petrol engine and V2L capability, it's being tuned for towing, durability and local conditions. It's another sign Chinese brands are investing seriously in market-specific engineering. Leapmotor OTA update explained Leapmotor adds Apple CarPlay and Android Auto via over-the-air update, alongside refinements to driver assistance and one-pedal driving. OTA updates promise convenience, but also raise questions about feature creep, intrusive alerts and subscription-style activations. The challenge remains clear communication without distracting drivers. Traffic data & governance debate A response from Transport for NSW on traffic counting raised broader concerns: data collection quality, calibration and governance. Measuring traffic flow is complex, but accuracy and transparency matter. Without robust oversight, even well-intentioned policy can rest on shaky foundations. Road test: MG U9 ute In 35 years of testing, David never expected to review an MG ute. Yet the U9 is wide, comfortable and thoughtfully packaged, with a practical tray and clever folding tailgate. Its 2.5-litre turbo diesel feels old-school, and the gearbox can hesitate, but ride comfort on sealed and dirt roads impresses. At around $60,000, it's competitive—less testosterone hero, more practical family-friendly dual cab.

Join Jimmy this week as he celebrates the first-ever TE37 day, questions why Japan wants to import Japanese cars FROM the US, and how a V8 Supercar managed to demolish a kangaroo at Bathurst. Plus, the return of the most hated stance guy on the internet... and he's got something to say.Thanks to BlueChew for sponsoring this episode! Get 10% off your first month of BlueChew Gold with code JEC.

Today on the show, Bathurst 12 Hour Event Director Shane Rudzis unpacks the 2026 running of Australia's international enduro. It was a year defined by a deep GT3 field, a fiercely competitive Pro class, and a return to that classic Mount Panorama rhythm that fans and teams crave. Shane joins us to talk through how the event came together, the strategic decisions behind the scenes, and what it took to deliver another world class race on the Mountain.

This Drive Thru News episode tears through a disappointing slate of Super Bowl car commercials before shifting into a broader roundup of automotive chaos - from Stellantis' $26B EV implosion and Tesla axing the Model S and X, to StopTech and Raybestos abruptly shutting down and Honda's new Prelude landing with a thud. The hosts riff on design misfires, EV fatigue, and shifting EPA rules while weaving in motorsports talk, including the dull Rolex 24, Bathurst's massive crash, and WRC scouting U.S. rally sites. They wrap with GTM project updates, track‑season safety reminders, and a grab‑bag of Florida‑man absurdity and parking‑lot disasters, all delivered with their usual humor and gearhead banter. ===== (Oo---x---oO) ===== 00:00:00 Drive-Through News #65 Kickoff 00:01:27 Olympics Banter: Speed Skating, Biathlon & Curling Controversy 00:02:47 Super Bowl Ads: Were There Any Car Commercials? 00:11:57 Best Super Bowl Car Ads of the Last 20 Years (Top 5 Countdown) 00:14:36 Stellantis' $26B EV Struggle: Charger EV, 4xe Hybrids & What Went Wrong 00:18:01 EPA Rule Swings: Stop-Start, Emissions, and the Return of Big Engines? 00:20:04 Aftermarket Shock: StopTech Stops Making Brakes (and what's next) 00:22:35 Cars on the Chopping Block: Honda Prelude Hate & Tesla S/X Discontinued 00:24:50 The Grand Tour ‘Returns': Throttle House Rumors & Why You Can't Replace the Trio 00:30:19 Legends Lost: Ed Iskenderian Tribute & Robert Duvall Remembered 00:32:35 Porsche ‘Not Dead Yet': EV Cayman/Boxster and the Toyota MR2 Clickbait 00:38:11 Thank God It's Dead: Audi's ‘Pickup Truck' Concept 00:40:50 Audi's ‘Concept C' Design Language: The Ugly EV That Won't Die 00:42:05 BMW's Electric M3 Rumors + The Infamous ‘Special Screw' Repair Nightmare 00:44:47 Season Wrap & Pop Culture Detour! 00:51:04 Ferrari's First EV ‘Luce': Toy-Like Interior, Not-Quite-Ferrari Looks 00:54:52 Are You Faster Than an Interceptor? 01:01:49 Behind the Pit Wall: IndyCar in DC, Daytona 500, and a Boring Rolex 24 01:05:54 Sim Racing Update (Assetto Corsa Evo 0.5) 01:12:00 Bathurst Crash, WRC America Rumors, and the GTM Trackside Lemons Project Update 01:14:52 Safety Gear PSA & Season Finale Thanks, Patreon, and Sponsor Shoutouts ==================== The Motoring Podcast Network : Years of racing, wrenching and Motorsports experience brings together a top notch collection of knowledge, stories and information. #everyonehasastory #gtmbreakfix - motoringpodcast.net More Information: Visit Our Website Become a VIP at: Patreon Online Magazine: Gran Touring Follow us on Social: Instagram

Post-Daytona 500; the Australian travel divide

It's The Week In Sports Cars show featuring DailySportsCar.com's Graham Goodwin and Stephen Kilbey. TOPICS: Le Mans entry list, Bathurst 12 Hour recap, and more! Every episode is graciously supported by the Justice Brothers, the Sports Car Championship Canada, and TorontoMotorsports.com.  NEW show stickers and memorabilia: ThePruettStore.com If you'd like to join the PrueDay podcast listener group, send an email to pruedayrocks@gmail.com and you'll be invited to participate in the Discord chat that takes place every day and meet up with your new family at events. Play on Podbean.com: https://marshallpruett.podbean.com/ Subscribe: https://marshallpruettpodcast.com/subscribe Join our Facebook Group: https://www.facebook.com/MarshallPruettPodcast [WSC]

Overdrive: Luxury badges, cheap fares, Bathurst Minis and Kona EV David Brown and Paul Murrell look at BMW turning Alpina into its own luxury badge, Tesla shifting Full Self-Driving to subscription, and what Queensland's 50 cent fares really buy in patronage and politics. They celebrate Mini's Bathurst heritage, trace the story behind unique Porsche Spider artwork, and run a real-world road test of Hyundai's Kona Electric, including range, price and pressure from Chinese EVs. A mix of motoring history, design, auctions and transport policy with an everyday Australian lens. Episode Breakdown Luxury badges and brand worlds - 00:00:54 Tesla FSD subscriptions and EV value - 00:13:16 Queensland's 50c fares and behaviour - 00:16:55 Bathurst 12 Hour, Minis and small-car legends - 00:23:21 Porsche art, auctions and personal motoring history - 00:31:11 Hyundai Kona Electric road test and rivals - 00:35:11 Luxury badges and brand worlds BMW makes Alpina a marque as they unpack Lexus, Genesis, Maybach and DS, showing how service, separation and clear design matter more than chrome and brochure spin. Tesla FSD subscriptions and EV value Tesla moves FSD to subscription and trims perks. They test the maths against shrinking warranties, BYD's surge and how shifting deals can erode long term EV buyer trust. Queensland's 50c fares and behaviour Queensland's 50 cent fares lift trips, but they ask who pays, what tap on data reveals about habit and equity, and how political spin can blur good transport planning. Bathurst 12 Hour, Minis and small-car legends Mini's 1966 Bathurst win is revisited via 12 Hour tributes, with memories of tiny 10 inch shod cars beating big Falcons and why the original Mini felt revolutionary and classless. Porsche art, auctions and personal motoring history Paul chases original watercolours of his one off Porsche Spider, explaining Alan Hamilton's no expense spared build, auction tactics, costs and what these pieces mean emotionally. Hyundai Kona Electric road test and rivals Kona Electric proves punchy, comfortable and roomy on a hilly Sydney Bathurst run, but big wheels cut range and price pits it hard against cheaper Chinese EVs and well specced petrol Konas. Program Links and Credits Overdrive is broadcast across Australia on the Community Radio Network. Search for Cars, Transport, Culture to find our website, podcast and social media. Host: David Brown. Contributors: Paul Murrell, Bruce Podder, Mark Wesley

Overdrive: Luxury badges, cheap fares, Bathurst Minis and Kona EV David Brown and Paul Murrell look at BMW turning Alpina into its own luxury badge, Tesla shifting Full Self-Driving to subscription, and what Queensland's 50 cent fares really buy in patronage and politics. They celebrate Mini's Bathurst heritage, trace the story behind unique Porsche Spider artwork, and run a real-world road test of Hyundai's Kona Electric, including range, price and pressure from Chinese EVs. A mix of motoring history, design, auctions and transport policy with an everyday Australian lens. Episode Breakdown Luxury badges and brand worlds - 00:00:54 Tesla FSD subscriptions and EV value - 00:13:16 Queensland's 50c fares and behaviour - 00:16:55 Bathurst 12 Hour, Minis and small-car legends - 00:23:21 Porsche art, auctions and personal motoring history - 00:31:11 Hyundai Kona Electric road test and rivals - 00:35:11 Luxury badges and brand worlds BMW makes Alpina a marque as they unpack Lexus, Genesis, Maybach and DS, showing how service, separation and clear design matter more than chrome and brochure spin. Tesla FSD subscriptions and EV value Tesla moves FSD to subscription and trims perks. They test the maths against shrinking warranties, BYD's surge and how shifting deals can erode long term EV buyer trust. Queensland's 50c fares and behaviour Queensland's 50 cent fares lift trips, but they ask who pays, what tap on data reveals about habit and equity, and how political spin can blur good transport planning. Bathurst 12 Hour, Minis and small-car legends Mini's 1966 Bathurst win is revisited via 12 Hour tributes, with memories of tiny 10 inch shod cars beating big Falcons and why the original Mini felt revolutionary and classless. Porsche art, auctions and personal motoring history Paul chases original watercolours of his one off Porsche Spider, explaining Alan Hamilton's no expense spared build, auction tactics, costs and what these pieces mean emotionally. Hyundai Kona Electric road test and rivals Kona Electric proves punchy, comfortable and roomy on a hilly Sydney Bathurst run, but big wheels cut range and price pits it hard against cheaper Chinese EVs and well specced petrol Konas. Program Links and Credits Overdrive is broadcast across Australia on the Community Radio Network. Search for Cars, Transport, Culture to find our website, podcast and social media. Host: David Brown. Contributors: Paul Murrell, Bruce Podder, Mark Wesley

Matt and Steve preview this weekend’s Bathurst 12hr iRacing Official, the ESCC entry list and are joined by Georgie MacKay and Jamie Jessica Martin from Prismatic Motorsport

Peter Mackay reviews Rally Sweden, John Hindhaugh talks to the Bathurst winners, and Nick Daman looks at new on two wheels and four. Plus Bayley Hall talks about joining Supercars for three races this season alongside Craig Lowndes.

Fresh from a commanding run at Mount Panorama, Mercedes AMG Team GMR have been crowned the 2026 Bathurst 12 Hour champions, with Maxime Martin, Mikael Grenier and Maro Engel delivering a composed, clinical performance that never wavered under pressure. Across a day defined by strategy, traffic management and relentless pace, the trio kept their AMG GT3 at the front of the fight, absorbing every challenge thrown at them as the race unfolded. From Martin's early-race precision, to Grenier and Engel calm execution through the chaotic middle hours, to Martin taking his chances in the final stint, the effort was as complete as it was convincing. In the aftermath of their victory, the three drivers reflected on what it took to tame the Mountain, the moments that defined their run, and how it feels to stand atop the podium after one of endurance racing's most demanding tests.

Billy and Daisy are both stoked with the office carpark, then they get into the All Sports Report - with a sensitive injury to Mitch Marsh. Australian Women's Cricket Team captain Sophie Molineux calls in, then Topics Brownless wants to know what you'd win gold in if there was an Everyday Olympics. Brian Taylor calls in to reflect on his performance in the 1986 State of Origin game, and we try to work out what he was playing for Victoria when he grew up in WA. Billy has an update on the Norwegian Biathlete who begged his girlfriend to take him back after winning a Bronze medal in Milan, and Greg Rust calls in from Bathurst ahead of the 12-hour race this weekend. Daisy continues to A-W AFL Season Previews with the Brisbane Lions, and Dallas Cowboys cheerleader Faith Ward joins us to talk about her wild career journey. Finally, Billy has a joke about the movies... and we're really not sure about it.See omnystudio.com/listener for privacy information.

We’ve got the voice of Radio Le Mans on the pod for the first time and they recorded the ep in the National Motor Racing Museum at Mount Panorama! Let’s face it between Rusty and John it was always going to be a big ask to keep the chat to a shortcast duration so there’s over half an hour of convo for you to enjoy ahead of this weekend’s race. From human interest stories like the Quinn entry where driving duties will be shared across three generations of the family to the headline grabbing return of MotoGP legend Valentino Rossi. He’s here because he wants to be! Why this event has become so well regarded internationally not just because of the lure of this classic race track. Can Maro Engel break a bit of a Bathurst hoodoo? And some of the standout Aussies in the field including Supercars champion Chaz Mostert and his rival who went so, so close to claiming that title last year - Broc Feeney. Plus some of the other stories to follow like Kenny Habul, Matt Campbell, BMW’s hopes of going back-to-back and the highly anticipated grudge match between Chev and Ford as the Corvette and the Mustang GT3 machines line-up for this unforgiving 12 hour race. Make sure you visit the National Motor Racing Museum the next time you get to Bathurst. Cars, bikes and all sorts of racing disciplines are celebrated with an incredible collection on display https://museumsbathurst.com.au/nmrm/Our thanks to John for coming on too. For more on Radio Le Mans check out https://radiolemans.co/ Head to Rusty's Facebook, Twitter or Instagram and give us your feedback and let us know who you want to hear from on Rusty's GarageSee omnystudio.com/listener for privacy information.

Interview with Patrick Cruickshank, Director & CEO of Nine Mile MetalsOur previous interview: https://www.cruxinvestor.com/posts/nine-mile-metals-csenine-vms-drilling-unlocks-expansion-potential-5410Recording date: 5th February 2026Nine Miles Metals (CSE: NINE) is emerging as a significant explorer in New Brunswick's Bathurst Mining Camp, controlling 140 square kilometers of continuous land across four volcanogenic massive sulfide (VMS) projects. Following a transformative year of advanced geophysical work, CEO Patrick Cruickshank has outlined an aggressive 2026 exploration strategy backed by recently completed $5.5 million financing providing two years of capital.The company's flagship Nine Mile Brook project hosts what Cruickshank describes as the highest-grade lens ever recorded in Bathurst: 12% copper, 38% lead-zinc, 1,200 grams per ton silver, and 2.4 grams per ton gold over 15 meters of solid mineralization. While these exceptional grades present processing challenges—the hybrid nature requires specialized milling solutions—the company is developing a unique bulk sample processing approach with updates expected shortly.The historic Wedge mine represents a different opportunity. This past-producing deposit operated by Caminco in the 1950s-60s was abandoned when its head pillar collapsed, leaving two-thirds of known mineralization in place. Recent drilling discovered an eastern extension with intercepts up to 134 meters, while a just-completed program tested depth and southwestern extensions with assays pending. Management targets proving 7-10 million tons at Wedge to reach economic thresholds.Nine Miles Metals' competitive edge lies in systematic application of modern technology. The company flew 1,400 line kilometers of UAV drone geophysics, identifying 11 new mineralized trends. This approach delivered an 80% drill success rate at California Lake East, hitting mineralization in eight of ten holes.With 185 million shares outstanding, reduced overhead ($300,000 annual savings from office relocation), and drilling costs of just $85-100 per meter in a jurisdiction offering 30-day permitting, the company is positioned to execute multiple 2026 catalysts: pending Wedge assays, April drilling resumption at both Nine Mile Brook and Wedge, and government-funded California Lake exploration—all while maintaining optionality for strategic partnerships or sector consolidation.View Nine Mile Metals' company profile: https://www.cruxinvestor.com/companies/nine-mile-metalsSign up for Crux Investor: https://cruxinvestor.com

Driven: The John Bowe Story charts the Tasmanian-born driver's path from childhood through a decorated motorsport career, capturing his two Bathurst 1000 victories, Hall of Fame status, and the personal and professional challenges he faced along the way. Written with journalist Andrew Maclean, it offers a full portrait of Bowe's life both on and off the track.

Driven: The John Bowe Story charts the Tasmanian-born driver's path from childhood through a decorated motorsport career, capturing his two Bathurst 1000 victories, Hall of Fame status, and the personal and professional challenges he faced along the way. Written with journalist Andrew Maclean, it offers a full portrait of Bowe's life both on and off the track.

Growing up in the bush and being captivated by the legends racing at the Hume Weir, including a young Peter Brock. Building a speedway car on a budget and the inspiration he drew for the colour scheme. A bit of moonlighting on the mic, and why working in the media was the perfect fit for him. How a radio station on the New South Wales Central Coast led to his involvement in a major rally, and the guns he enticed to compete in it. Dick Johnson, Malcolm Wilson and more helped bolster its status. Faxing press releases out for the Chickadee Commodore team the year they won Bathurst, and why Allan Grice almost didn’t make it to the track in time! Working in the UK for a time before returning for a big radio opportunity on the Gold Coast, and celebrity races at the Surfers Paradise Indy Carnival. Craig has a knack for storytelling, and he tells them well. Strap in for a fun conversation. Head to Rusty’s Facebook, Twitter or Instagram, give us your feedback, and let us know who you want to hear from on Rusty’s Garage.See omnystudio.com/listener for privacy information.

Today on the Poddy: 01:00 - Not For Radio Song 04:05 - Appendicitis Story 15:20 - Jay Locked Someone in the Basement 22:30 - Bathurst 1000 Trip Announcement 28:30 - Builders Wife vs Builder 34:35 - Thailand War Story Hit us up and get all our links: ⁠https://linktr.ee/notforradio⁠ Become a Sniper Elite: ⁠https://plus.rova.nz/⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

On this episode of Not For Radio… 8.55 - Summer holidays 11.55 - ‘Robbed' by a traveller 17.55 - In a medical journal 24.05 - Turning into a vertical rammer 28:10 - Come and join us at Bathurst! ⁠bit.ly/4b8QRAC⁠ 32:30 - Grandad messed up Hit us up and get all our links: ⁠https://linktr.ee/notforradio⁠ Become a Sniper Elite: ⁠https://plus.rova.nz/⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

The Wealth Formula Podcast is one of the longest-running personal finance podcasts still standing. For more than a decade, I've shown up every single week to talk about investing, markets, and the forces shaping the economy. What's interesting is how much my own thinking has evolved over that time. Early on, I was more rigid. I was—and still am—a real estate guy. But back then, I didn't give much thought to ideas outside that lane. I was dogmatic, and I didn't always challenge my own beliefs. Time has a way of doing that for you. I've now lived through multiple market cycles. I've watched the stock market melt up to valuations that felt absurd—and then keep going. I've seen gold go from flat for a decade to parabolic over a year. I've seen interest rates sit near zero for a decade and then snap higher at the fastest pace in modern history. And I've learned, sometimes the hard way, that diversification is about survival and that every asset class has its day. One lesson I learned that I am thinking a lot about these days is: ignore major technological shifts at your own peril. Back in 2014, I first started hearing people talk seriously about Bitcoin. At the time, I dismissed it. I listened to the critics, was convinced it was a scam, and didn't take the time to truly understand it. That was a mistake—not because everyone should have bought Bitcoin, but because I ignored a structural change happening right in front of me. Bitcoin went from a cypherpunk expression of freedom to the largest ETF owned by BlackRock. Today, the dominant story is artificial intelligence. And whether you love stocks, hate stocks, prefer real estate, or focus exclusively on cash flow, you cannot afford to ignore AI. This isn't a fad. It's a general-purpose technology—on the scale of electricity, the internet, or the industrial revolution itself. That doesn't mean it's easy to invest in. It's hard to look at headline names trading at massive valuations and feel good about buying them today. But investing in AI isn't about chasing a single company. It's about understanding second- and third-order effects: energy demand, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of it. What experience has taught me is this: you don't need to be first to invest—but you do need to be early in understanding. If you wait until something feels obvious, most of the opportunity is already gone. This week's episode of the Wealth Formula Podcast is focused squarely on AI and blockchain—what's real, what's noise, and where the long-term implications may lie. Listen to this episode. You'll come away smarter. And years from now, you may look back and realize this was one of those moments where paying attention really mattered. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast. Coming to you from Montecito, California. Today we wanna start with a reminder. We are in a new year and we are already doing deals, uh, through the Wealth Formula Accredit Investor Club. You can go and sign up for that for free. Uh, wealth formula.com just hit investor club and you just get on there and, and you’ll get onboarded. And from there, all you gotta do is wait for deal flow and webinars coming to your inbox. And, um, you know, if nothing else, you learn something. So go check it out. Uh, go to. Wealth formula.com and sign up for Investor Club now onto today’s show. Uh, the, it is interesting. I don’t know if you are aware it’s a listener, but we are, wealth Formula is, uh, probably I would say one of the, certainly in the one of the top longest running personal finance podcasts still. Standing. Uh, I’ve been around, well, I think the first episode was on like 2014, so it was a long time, but in earnest, you know, at least for over a decade. And, you know, during that time, I’ve shown up every week, every single week. Don’t Ms. Weeks, but none, none. Isn’t that incredible? I’ve shown up, uh, talked about investing and talked about very way markets are working, forces, shaping the economy, all that kind of stuff. But you know, as you can imagine, as a. As a younger individual versus, um, my crusty self. Now, you know, a lot of my own thinking has evolved over that time, you know, back then. And I, you know, I think this appealed to some people, but, um, you know, I was really dogmatic. I’m a real estate guy, right? And I still am a real estate guy, but back then I wouldn’t give anything else the time of day to even think about, you know, and, and, uh, I, I, you know. I was dogmatic and didn’t always challenge my own belief systems. Um, I’m different now, right? I’ve softened And time is a way of, of changing all of that dogmatic stuff for you. You know, I’ve lived through multiple market cycles. I’ve watched, well, I’ve watched the stock market, which I, which I always maligned, you know, melt up to valuations. Uh, that felt absurd. And then keep going higher. I’ve seen gold, which was kind of ridiculous for the longest time. I watched it for like a decade, just pretty much flat, and then it goes parabolic. Over the last year, I’ve seen interest rates sit near zero for a decade and then snap higher. Uh, not even as time, just launch higher at the fastest space in modern history. And I’ve learned sometimes I guess, the hard way that diversification is about survival and that every class, every asset class has its day. Just like every dog has its day. And um, you know, one other lesson that I learned that I’m thinking a lot about these days is ignore major technological shifts at your own peril. So what am I talking about? Well. It’s kind of a, it is a technological shift, whether you think it about not, but Bitcoin. Okay. Back in 2014, I first started hearing people talk seriously about Bitcoin, and at that time I dismissed it. I was, uh, I was listening to critics beater Schiff that constantly called it a scam, said it was going to zero and so on. I didn’t, I didn’t take the time to truly understand it, to try to understand it the way I understand it now, that makes me a believer in Bitcoin. That, of course was a big mistake, not because, you know, everyone should have bought Bitcoin and, uh, back then, well, they, you know, would’ve been nice if they did, but because fundamentally I ignored something that was a structural change happening right in front of me. And since then, Bitcoin went from a cipher punk expression of freedom to the large CTF owned by BlackRock today. The dominant story is actually artificial intelligence. Now, whether you love stocks, hate stocks, prefer real estate focused exclusively on cab, whatever, you cannot afford to ignore ai. It’s not a fad. It’s a general purpose technology and a technology shift, and the scale of electricity. The internet bigger than the internet, bigger than the industrial revolution. Now, that doesn’t mean it’s easy to invest in. I mean, I’m gonna go invest in AI and make a bunch of money because I mean, what does that even mean? It’s hard to look at headline names, trading at massive valuations like Nvidia and all that right now, and saying, oh, I’m gonna go buy that. Who knows? That’s gonna work out. When I talk about investing in AI isn’t really just investing in stocks or any individual company or data centers or whatever. It’s about understanding. The second and third order effects, energy demand. You know, as I mentioned, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of that. It is very, very complicated. Um, but it’s really important to start to try to understand, you know, an experience that stop me is this. You don’t need to be the first to invest, but you do need to be early in understanding. If you wait until something feels obvious, usually the opportunity’s gone by then. And you know, the thing about AI is even if you think it’s obvious now. The reality is that most people haven’t really caught on. Maybe they played with chat GPT, but I don’t think they’re understanding what this whole, you know, this thing is gonna do to our world. Um, anyway, so that is what this week’s episode of Wealth Formula Podcast, uh, is about. It’s about AI and also, um, a little bit about, you know, bitcoin and blockchain and that kind of thing. Um, we’re gonna talk about what’s noise, uh, you know, where the long, what the long-term, uh, implications are all of this stuff. This is a show that, uh, I really enjoy doing really, really good stuff. Um, so make sure you listen in. We’ll have that interview for you right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net. The strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own bank to invest in other cash flowing investments. Here’s the key. Even though you borrowed money at a simple interest rate, your insurance company keeps paying you compound interest. On that money, even though you’ve borrowed it, that result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Formula podcast is Jim Thorne, chief Market strategist at Wellington. L is private wealth with more than 25 years of experience in capital markets. He’s previously served as chief capital market strategist, senior portfolio manager, chief economist, and CIO. Uh, equities at major investment firms and has also taught economics and finance at the university level. Uh, Jim is known for translating complex economic, political, and market dynamics into clear actionable insights to help investors and advisors navigate long-term capital decisions. Uh, Jim, welcome with the program. Thanks for having me Buck. Well, um, Tim, I, I, I, uh, had been following a little bit of, uh, what you discuss on, uh, on X and, um, one of the things that caught my eye is, you know, your, your narrative on, on ai, a lot of people are tend to be still sort of skeptical of AI and what’s going on, uh, with the markets. Um, uh, but at the same time, uh, there’s this. Sense. I think that ignoring AI altogether as an investor is, is, is downright potentially dangerous. So, uh, at the highest level, why is AI something people simply can’t dismiss? Well, we live in an, uh, uh, you know, many other people have coined this term, but we live, we’re living in an exponential age of, of technological innovation. And, you know, AI and I’ll just add into their, uh, blockchain is just the normal evolutionary process that, you know, for me started when I left graduate school and came into the business in the nineties where everybody had this high degree of skepticism of the computer and the, the, the phone, the, the. And the internet. And so, you know, what we do is we go through these cycles and there are periods of time where the stars align. And we have a period of time where we have what I would call an intense period of innovation where I would suggest to you that. People are skeptical. Skeptical, and yet at the same point in time, they very early on in the, in the, in the trade, call it a bubble when it’s not. And so I think it comes from the position of ignorance. One, I think two, fear, and then three. If you think about if you are an active manager, I in a 40 ACT fund, um, you know, and you’re sitting there with, uh, you know, mi. Uh, Nvidia at, you know, eight or 9% of your index. And that’s a big chunk that you’ve gotta put into your fund, uh, just to be market neutral. So there’s a lot of people that hate this rally. There’s a lot of people that are can, going to continue to hate this rally. But the thing I anchor my hat on are a couple of things. Look at if this is no different than the railroad. Canals, any major technological innovation, will it become a bubble? Yes. Just not now. So, so let’s follow up on that, because a lot of people think, or are talking about the, do you know the.com bubble, uh, comparisons, and you’ve argued that that sort of misses the real story. So, so where are we getting it wrong right now? Are those people getting it wrong? In the nineties buck, you’d walk into a bar and there wouldn’t be ESPN on there’d be CNBC on people were getting their jobs to become day traders. Folks didn’t go to the go to university because they were basically getting their white papers financed. You had companies that were trading off of clicks. So I lived that. Anybody who is of a younger generation has no idea what a bubble is, and it’s specious and pedantic for them to use that term when they have no clue about what they’re talking about. But you did mention that it could become a bubble. How do we know when it does become a bubble? Oh, it’ll become a bubble. Well, when, when, when you know, the, what, what I am looking for is, you know, when we, when the good investment opportunities start to dry up, when liquidity starts to dry up. So what I, it’s not about valuation, to me it’s about liquidity. So in 2000, what, and I’m roughly speaking, what went down was you had all these companies that were trading at Strat catastrophic valuation, this stupid valuations, and you walked in one day and they didn’t get financing. And if you read the prospectus or you followed the company, you knew that they were not going to be free cash flow positive for another two or three rounds of financing. All of a sudden you walked in and everybody goes, oh my God, this thing, you know, trading at 250 times sales. And everybody went, yeah, of course. And so what it was is, was when does liquidity dry up? So I’ll give you a date, um, you know, with Trump’s big beautiful bill act. 100% tax deductibility of CapEx and that goes until Jan 1, 20 31. So to me, that’s a very motivating factor for people to, um, invest. The last thing I would say to you in more of a game theoretic context book is, look, if you are a big tech company and you don’t invest in ai. You are ensuring your death. Yahoo, Hela Packard. I can go through the list of companies that cease to invest, so they’re looking. If it was you and I when we were running this company, I would say, dude, we gotta invest because if we don’t have a poll position in this next platform, whatever it is, we’re done. We’re toast. And I think that’s why you’re seeing all these hyperscalers spending as much money as they are. ’cause they get this, they saw it. So, you know, you framed ai not necessarily as a a tech trade, but as a capital expenditure cycle. Can you explain that to people? Well, what we need to do is we need to build out the infrastructure of ai. Then, and that’s the phase that we’re in right now. So it’s more like we’re building out all of the railroads, the railway tracks and the railway stations across the United States back in the 18 hundreds. And then we’re gonna go through that building phase. And then as that building phase goes, some companies, some towns, are going to basically realize and recognize what’s happening and start to basically take ai. Bring it into their business model, into enhanced margins. Right. So right now we’re building it out. I mean, you know, we all focus on the hyperscalers, but the majority of companies, pardon me, governments. Individuals, they haven’t used AI and, and what is interesting about this is back in the nineties, they were talking about how the internet had to evolve to be much more. You know, uh, have critical thinking in, in, in it. And it was more explained when you went to these conferences, as you know, you know, think about this. You’re hearing this in 99, okay? Not today. You go in and you ask Google or dog pile at the same time, or excite, okay? You would say, I wanna go to Florida in the third week of March and I wanna stay here and I wanna spend this amount of money and I wanna rent a car. Plan it for me. And they would come back and they would tell you that it would come back and it would, it would, everything would be there. And you would have your over here and all you would have to do is drop your money and you had your thing planned. So none of this is as, it’s aspirational, but we’ve heard it before. And in technology, what happens is it’s not like it’s new. We’ve been talking to, I did machine learning in in graduate school. Ai, you know, I did neural networks and I’m a terrible Ian. This isn’t, you know, Claude Shannon wrote about this in 1937, right? But it’s about when does it hit, and so it was chat GBT. Can we argue, was that right? As an investor, it’s stop arguing, start investing. Then what you’ve gotta figure out, which is the question you ask, is when does the music stop? I think it goes until the end of the decade. You know, one of the things that, uh, is interesting about this, uh, AI investment, uh, it’s, it’s unfolding in a higher interest rate environment. Why is that detail so important? Understanding its significance? Well, it’s the cost of capital, right? And so this phase that we have right now. It’s funny you say that, right? ’cause our reference point is zero interest rates, right? Yeah, yeah. Right. That’s right. So, you know, you know, so, so think about this, what it happens right now. Now we’re in the phase where you’ve got these hyperscalers that instead of taking all their free cash flow and buying bonds and buying back stock, are increasing CapEx because there’s a great tax deduction on it. So you get a lot of, so we’re in this phase where, for where, where a lot of the money is, you know, was. Was, let me, let me be clear, was a hundred free cashflow. Now we’re getting these guys, these companies like Oracle and what have you, you know, starting to issue debt and look at debt isn’t bad as long as the rate of return on debt is higher than the interest rates. And so, you know, you know, I, I would say historically speaking, for a lot of these high quality names, the interest rates are not, uh, at levels that will stop them from investing. Right. Right. You know, you’ve written that, um, productivity is ultimately the real story behind ai. So why does productivity matter more than the technology headlines themselves? Well, let me just put it this way, right? So we’ve grown, I grew up, I, I joined, I’m up here in Toronto, right? So I’m gonna give it to you in Canadian dollars, right? So I joined, I joined here. You know, I grew up here, went to the states, came back home. Growing this company I joined when we’re about three and a half billion. We’re getting close to 50 billion, and we’re the fastest growing independent platform in the country. I’m a one man band, right? I use three ai. In the old days, I’d have four research assistants. Where’s the margin in that? And so I, that’s how I see it. And let me be clear, it’s, you know, this isn’t we’re, it’s not perfect. But if I wanted to say, instead of you, but hey, write me a 2000 word essay on the counterfactual of what happened with railroads up until 1894 when the, when the bubble popped, give me a f, you know, a a thousand word essay and, and just a general overview. I can get that in less than five minutes. Michael Sailor is writing product on ai, which, which, which you would take, which you would take. He’s in his presentation, say it would take a hundred lawyers. So it’s gonna be more about those. And it’s, it’s no different than Internet of things or, you know, it was, uh, Kasparov that talked about this. Gary Kasparov talking about the melding of, of technology in humans. He would ran, run this chess tournament called freestyle. You could use a computer, you could use, you know, grand Masters. You could use whatever you wanted to compete. And who won? Well, who won it Was that those teams that were generalists that had a little bit of that, the knowledge of the computer and the knowledge of the test. Uh, o of chess, right? That’s what’s gonna happen. So this isn’t we’re, as far as I’m concerned, we’re not, yes, there’s going to be some d some jobs that are going to be replaced, but that is always the case in technology. I’m not a Luddite, okay? I am not Luddite. But the same point in time. I, I would suggest to you that it, it is just a really, for me, it’s a, helps me. Do research no different than when I was an undergrad and they went from cue cards in the, the library at the university to actually having a dummy terminal and I could ask questions in queue. You know, it stalked me from having to go to the basement of the library and going to microfiche. Right. Have helping that way. Now can it, can, will it do other things? I’m sure it is, and I’ll lead that to Elon Musk and the crew. You know, that’s above my pay grade. But for me, I see it as a very helpful way of, you know, allowing me to process and delineate. Much more information a a and not have me waste so much time trying to figure out what got went on in the past or, you know, QMF. Right. You know, summarize me the talk five, you know, academic papers in this area, what are they saying? And then they gimme the papers. Right. It just speeds the process up. Yeah. You know, um, one of the things that I’ve been sort of talking about and thinking about. Is that it’s hard to not see AI as a very, very strong deflationary force. Um, how do you think about that? Yeah. Technology is deflationary, right? Doubt about it. And so I look at it this way, Ray. Um, so I work at the financial services industry, okay. You know, Mr. Diamond of JP Morgan is talking about how they are starting to embrace blockchain and ai. They are going to cut out the back end of that in the, the margins in that, in that company by the end of the cycle are going to be fantastic. People just do not get in. You know, the financial services industry is built on a platform. Of the 1960s, dude. I mean, they’re still running Fortran, cobalt. So you know what I, how I look at this is much more as a margin type story, and there’s going to be a lot of displacement. But at the same point in time, I look at Tesla and automation and ai. And you know, people look at Tesla as a car company. I look at Tesla as an advanced manufacturing company. Elon Musk could basically go into any industry and disrupt it if it wanted to. Right. So that’s how I look at it. And so, you know, the hard part is going to be, you know. Nothing. If we get back to where we were, it’s not going to be perfect, right? Because here’s, here’s where the counter is, here’s where the counter is. Right? If you, if, if you think about, and we’re, I’m gonna take Trump outta the equation and ent outta the equation right now, but if we just went back to the way things were before COVID, we would have strong deflationary forces. Okay. Just with demographics, just with excessive levels of debt. Just with, you know, pushing on a string in terms of, in terms we couldn’t get the growth up, you know, and, you know, and the overregulation of financial institutions. Trump and descent are basically applying what’s called supply side economics, and they’re deregulating. It’s says law, which is John Batiste, that says basically supply creates his own demand and it’s non-inflationary. But really what they’re going to try to do is they’re going to try to run the economy hot and they’re gonna try to pull this way out of the debt. And if you do that and you deregulate the banks. And allow the banks to get back to where they were before the financial crisis. Okay. You know, and, and the Fed takes its interest rates down to neutral, expands the balance sheet. Then I don’t think we’re gonna go back to the zero bound in deflation. I think this thing’s gonna run hot for a long time. And I think it, the real question is, is, is is 2 75 in the United States the neutral rate? I think it is. Uh, but as, as, as Scott be says, and, and, and, and, and let’s be clear, buck, the guy’s a superstar. Okay. Guy is a legend. Just you sit there, just shut up and listen to him. Okay. They keep up, right? Well, so they’re gonna run it hot, but where we are is, in his words, mine, not mine. We’re still in this detox period, you know what I mean? We still got the Biden era. We still got, you know, a over a decade of excessive ca of Central Bank intermediation. That needs to get, you know, go away. So what I say, and what I’ve been writing about is 26 is going to be the year that the baton is passed back to the private sector. Let’s get rates down to 2 75. That’s, I mean, I’m going off the New York Fed model. That says real fed funds, the real, the real neutral rate is 75 to 78 basis points. I think inflation’s at two. That that gets you 2 75. Get the rates there and then get the balance sheet of the Fed to the level so that overnight lending isn’t loose or tight. It’s just normal. And then step back, go away and let Wall Street and the private sector create credit. Create economic growth and let’s get back to the business cycle. And if we do that, we’re gonna have non-inflationary growth. It’s gonna be strong, but we’re not going back to the zero bound and we’re gonna grow our way out of this. And so that’s where I get really excited about. This is a very unique time in history. A very, very, very unique time in history where, and I don’t know how long it’s going to last because of the compression that we have now because of the, you know, we live in such a digital world, but let’s say it’s five years demographic says it’s to 33, 32 to 33. That’s, you know, that’s how long this run is. And, and to me, uh, AI is a massive play. I, I, to me, blockchain is a massive play and to me it’s to those countries and companies that get it is, whereas investors, we wanna think, start thinking about investing. Yeah. You mentioned, um, non non-inflationary growth. Can you drill down on that a little bit just so people understand a little bit where. Usually you think of an economy running super hot, you, you think automatically there’s an, you know, an inflationary growth. So I want you to think in your mind into your list as think in your mind. Go back to economics 1 0 1 with the demand curve. In the supply curve, okay? And there are an equilibrium. And at that equilibrium we have a price at an equilibrium, and we have an output as an equilibrium. Okay? Now what I want you to do is I want you to keep the demand curves stagnant or, or, or anchored. Then I want you to shift the supply curve out. Prices go down, output goes out. We can talk all this esoteric stuff, you know, you know Ronald Reagan and, and Robert Mandel and supply side economics. But it’s really your shift in the supply curve out, and that’s what, and that’s what BeIN’s doing. I mean, this is a w would just sit down and be quiet. He’s talking about, you know, what is deregulation? He’s pushing the supply provider. Oh, hold on. My phone. My, my thing. And what did, since the two thousands, what did, what was the policy? It was kingian, it was all focused on the demand curve. Everything was focused on demand. And so all we’re doing is we’re, we’re getting the keynesians out. I use 2000 ’cause that’s when Ben Bernanke really came in and was very influential. Let me just say he’s a very smart, I learned so much from reading. Smart, smart, smart, smart guy. But his whole thing was Kasan. He came from MIT, his thesis supervisor was Stanley Fisher, right? We’re going back to, you know, Mario Dragons thesis supervisors, Stanley Fisher, all these guys came from MIT, Larry, M-I-T-M-I-T, Yale, and Princeton. Whereas previously it was the University of Chicago. It was Milton Friedman. It was, it was supply side economics. We’re going back, they’re going back to supply side economics and right now we need it. We need balance. But my god, what did we end off with? We ended off with four years of mono modern monetary theory. Deficits matter. That’s insanity. You had mentioned a little bit, uh, you, you’ve talked about blockchain a few times here. Talk about the significance. I mean, it’s sort of, you know, blockchain was a thing that everybody was, everybody was talking about it, you know, three, four years ago, but now it’s all about ai. But you know, now you’ve got, um, but in, but in the background, blockchain has grown, uh, adoption has grown. Uh, tell us what’s going on there, and if you could tie it into the significance of, of where we’re at today. Yeah. Um, uh, Jeff Bezos gave a wonderful speech, I think in two thou, early two thousands, where he basically talked about the fact that, you know, once this innovation is led out of the genie’s, led out of the bottle, whether or not, you know, buck and Jim, like it as an investment, the innovation continues. And so after the internet bubble pop, right? Really smart guys like Jeff Bezos, uh, Zuckerberg, you, you, the whole cast of characters, right? Basically built it out. Okay. And it wasn’t perfect and everybody knew it wasn’t perfect. I mean, that was the whole thing that was so bizarre. But they knew it wasn’t perfect and they knew that they needed to solve some problems. Right. And you know, it was a double spend problem. I mean, the internet that we were dealing with right now was developed in the 1950s and so on and so forth. And so, you know, that always stuck with me. Right. A couple of things stuck with me because I’ve lived through a couple of these cycles. The first one is Buck. When the, when Wall Street coalesces around something just shut up and buy it, right? I mean, I, I spent too much of my life arguing about whether dog pile and Ask Gees was better than Google. Wall Street said Google was the best. Shut up. Invest, right? And so, so look, blockchain solved the double spend problem. Blockchain solved all the problems that the original iteration of the internet could solve, and everybody knew it was coming along okay. So it’s a decentral, it’s decentralized, right? Uh, does, does not need to be reconciled. So no. Not only do you have another iteration of the internet. You have basically introduced into society the biggest innovation in accounting or recordkeeping since double entry. Bookkeeping accounting was introduced in Florence, Italy centuries ago by the Medicis and, and buck. All this is out there like, so this is a profound, right? So think about you’re in an accounting department and you don’t have to reconcile, right? So look. The first use cakes was Bitcoin. And what was the, what was the beautiful thing about it? Well, first off, it grew up by itself. And secondly, it’s got perfect scarcity, right? And so let’s just full stop. And I mean, yes, gold and silver had the run that they should have had decades. So I had been waiting and listening to people, gold bugs, talking about this type of run since the nineties. Okay. Um, but look, you know, and the problem with fi money, right? I mean, this is, this goes back decades. It’s an old argument. The way you solve it is, is Bitcoin. That’s the solution. I mean, forget about it. I mean, if they’re gonna whip it around and do all this stuff, fine. But the other thing that people miss and Sailor hasn’t, and Sailor is brilliant, is look. Bitcoin is pristine collateral in 2008, in September. What caused the, the system to stop was the counter. We could not identify counterparty risk for near cash. It was a settlement problem. Anybody you talk to Buck that says it was, you know, the subprime this and it, yeah, that was crap. I get that. But when the system shut down is you had a $750 million near cash instrument with X, Y, Z, wall Street firm, and you did this for three extra beeps and it was no longer cash. Guess. And guess what? Your institutional money market fund broke the buck. That’s when the system blew sky high. When the money market broke the buck and it was a settlement problem, blockchain and Bitcoin solved that. Sailor knows that, look where Wall Street’s gonna go. They understand now that. Bitcoin is pristine, collateral and capital that is 100% transparent. Let’s lend against it, and that’s what Sadler’s doing. That’s why Wall Street hates the guy so much, right? Think about that. Think of where is he going after he’s going after all the stranded capital on Wall Street. And, and the whole point is he’s sitting there going, I’m too busy for this. And you’ve got all these other people that are gonna live off of other people’s ignorance. Meanwhile, Jing Diamond knows exactly what he’s talking about. We can identify, if I hear one more person on me in, in the meeting say, I don’t know. You know, you know, uh, micro strategies balance sheet is so complicated. Really. Compared to JP Morgans, I mean, you know what his capital is. It says Bitcoin, like, what are you guys talking about? But hey, fucking in this business, people make generational wealth on ignorance of people who think they know what they don’t know. So, you know, just going back to Jamie Diamond, you know, he spent, I don’t know how long. Throwing every insult, uh, he could towards Bitcoin. And now they’ve really kind of, they haven’t backtracked. I think he’s, he’s, you know, his, his, um, I think the way he phrases is the blockchain’s a real thing. He never seems to really say the word Bitcoin, uh, in this regard. Um, banks in general, where do you think they’re headed with this stuff? I mean, I, you know, right now, again, you can kind of see even. Um, I think, you know, some of the big advisory firms suddenly recommending one to, you know, one to 4% of people’s portfolios in Bitcoin. I mean, this is all, I mean, gosh, I, I’ve, you know, been talking about Bitcoin since 2017. This is in unbelievable transformation in less than a decade. Where do you see this going in the next five to 10 years? It’s called the, it’s called, what is it? It’s called, I’m gonna call it the Evolution of Jim. Me, you know, in my business and, and, and, and you know, the thing I have book is I’ve survived and I’ve gone through a lot of cycles. I’ve done a lot, you know, and you ask yourself, you scratch your head a lot and you’re, and you, but you’re continually doing objective research and you’re this, if you, this is why I love this game so much. Right? So let’s just go stop for a second. Let’s get some context. Right. My first summer job, one of my first summer jobs, I worked in the basement of a bank in the in, in downtown Toronto, right up the street from the Toronto Stock Exchange. And my job was to let guys in with beak, briefcases into the cage, into the big vault, to basically bring in certificates. Okay. And, and what? Stock certificates. And so remember, you know, and I remember my grandfather when we, when he died, look at, we couldn’t sell the house because he didn’t believe in the banks. And we were finding certificates all over the house in the walls. Okay? Right. So in the 1960s it was bare based. The whole industry was bare based. And there was the volume in Wall Street started to pick up to the point where they couldn’t handle the volume. There was a paper crisis where almost a third of the companies went down bankrupt because of the cage. The cage. Okay. So basically what happened was, to make a long story short, they came out with, they came, Hey, why don’t we get two computers At one point in time, they said, okay, crisis. Let’s solve it. Well, why don’t we get these two computers and we can solve, or we can sell trades among, amongst each other. Okay. And then we don’t need to have guys riding around Wall Street with bicycles and big briefcases. Okay. And then what we did was, what we did was we sat there and said, well, why don’t we have a centralized clearing, and we’re gonna call it DTC or CDS, depending on what country you’re in. And what we’re gonna do is we’re gonna offer paper, we’re gonna, we’re gonna issue paper rights to the underlying stock that was developed in the early 1970s. That’s the system that we’re on right now. There are a lot of faults with that. Let me give you, when you’ve talked about the GameStop a MC situation, when you have a company that’s basically have more shares outstanding short, sorry, more shares short than outstanding, that shows you that the old system doesn’t work. It’s called ation. The paper writes to the underlying assets, it, it doesn’t match up. There have been guys that make a career outta this and write books about this, right? Dole Pineapple. They had a corporate, a corporate event, right? Hostile takeover. 64,000 for 64 million shares, voted, I think, and there was only 3,200 on. We all know this, so this has to be solved. The way you solve it is you tokenize assets, and this was talked about a decade ago, and they know about it and true tofor, they, and if you’re thinking about it, it’s totally logical, right? But if we allow this innovation to go full stream ahead, we’re wiped out, right? So what did they do? They delayed. They delayed. And as you know, you could talk about, it’s called Operation choke 0.2 0.0. Right. You know, the Fed overreached their bounds, they de banked people. I mean, this is why, why Best it’s going after them. They, yet they stepped over their constitutional mandate. Right. The federal, the Fed Act is not, uh, does not supersede the US Constitution. Elizabeth warned the whole thing. They did it. Okay, so let’s not complain about it. So now Atkins is gonna, we’re gonna have the Clarity Act come out and they’re gonna basically deregulate New York Stock Exchange already there. They’re gonna put everything on the blockchain and when you put everything on the blockchain, trade a settlement. There’s no hypo. Immediate settlement. Immediate, which is a benefit if you can get your act together because it, you know, for Wall Street firms you need less capital, right? So it’s a natural evolutionary process. And then you sit there and go back in history, if you and I were writing it, we’d sit there and go, well, should we be surprised that the incumbents right, the status quo pushed back on innovation? No, there was a guy, there was a prophet, um. At, at Harvard, his name was Clay Christensen, and he wrote this wonderful book called The Innovator’s Dilemma. You know, why does, why don’t companies evolve, or why do they go bankrupt? It’s because they cease to evolve and the status quo doesn’t allow the evolution of the companies to take place. Right? Well, that’s what happened in RA. We’re gonna complain about it. No, it, it is what it is. It’s water under the bridge. And so what I think is happening is, you know, Mr. Diamond is basically saying. He’s pragmatic, he’s a realist. And now he’s saying, we gotta evolve. And hey, by the way, now I’ve gotten to the point where I think I can make a tunnel. Think about that. Yeah. Think about his own stable coins, right? So his own stable coins. And, uh, well think about this. If you trade like internal meetings, right? And I’m hyped this hypothetical, right? I go, fuck, don’t screw this up this time. And you’re gonna go, Jim, what are you talking about? I go. We want a nice bread between bid and ask in these financial price. We don’t wanna go down to pennies. Okay? Can we go back to the old days when we were, you know, trading in quarters and sixteenths and so we can make some skin in the game? I think you’ve got the deregulation of the banking industry where the banks are gonna, they’re fit. It’s gonna be baby steps. But what’s gonna happen is they’re gonna basically say, stop taking all that capital that’s sitting at the Fed, making four or fed funds rate overnights wherever it’s four half, 3 75 right now. And you can now trade it. Go back to prop trading, which is what they did. And they’re gonna start off, they will start off with, its only treasuries. Eventually they’ll be able to expand throughout our lifetime. So the old way you gotta look at it is, you know. We’re bringing the ba, you know, we’re putting the band back together, man. Right. And the banks are gonna deregulate, they’re gonna deregulate the banks, they’re going to innovate, they’re gonna be able to use the capital, their earnings profile going out into the end of the decade. It’s, it’s gonna be monstrous, it’s gonna be, you know, it, it’s, it’s, and, and that’s how I get, you know, when people say, where do you think the s and p goes? You know, I say, you know, 14,000, you know, double from here by the end of the decade. And he goes, well, what about ai? I go, well, they’re gonna, that’s important, but it’s the banks. I think the banks are gonna have a renaissance. Yeah. Yeah. Um, one thing just to get your thoughts on, so when you look at the banks, you talked about sort of the inevitability of tokenization. Um, the stock exchange, uh, we talked about stable coins. I mean, another great way for banks to make money. Uh, essentially where does that, how, how does that help or hurt Bitcoin adoption? Because Bitcoin is a sort of a separate, separate, you’re not, you’re not building on Bitcoin as much as you are, say, Ethereum, Mar Solana or, you know, some of the, some of the blockchain things. So, so is it just that. Is it just a, an adoption issue? Because you live in a, in a different world. You live in a world of blockchain and Bitcoin is, its currency. It’s weird, right? Because I, I’m writing this feed like, so Buck, where are you right now? Where, where, where are you located? I’m in Santa Barbara. You’re in California. So, yeah, so I’m in Toronto, right? Uh, you know, I lived in, worked in the States for, you know, a decade, a couple of decades, and I’m back home and it’s like, man, they don’t get it. Right, and, and, and, and what am I talking about? Well, well, this, this is the, the thing that you’ve gotta understand is this, right. Ethereum was invented by Vladi Butrin in this town, Joe Alozo, who’s the head of one of the largest Ethereum groups. Father is a dentist at Bathurst and Spadina. We’re up here and people are saying, oh, you know, president Trump don’t talk about being a 51st state. We act like a colony, duke. We are a, you know, we forget about calling us one. We are. So, look, it, look, there is no doubt in my mind that Ethereum is going to have a place and, and we’re going to use it. Seems like we’re going to use Ethereum and that’s the smart contract, you know? Um. And that’s fine. Um, you know, but going back in time. But, but remember, there’s not per, there’s not perfect scarcity there. So I like Ethereum, don’t get me wrong, but I look at Bitcoin and I look at the, I look at the scarcity, and I also look at the fact of, you know, what sa, what Sailor, if you sailor did a presentation in the middle of next year and all hell broke loose. What he did, and it’s, you know, and of course I’m hypothesizing. He basically went to New York and said, I am going to create fixed income products and I am going to give yields. On those products, and I’m coming after the stranded capital that sits on Wall Street that you guys have been ripping on for years. In the middle of last year, staler went public and declared war. Okay. Are we surprised that Jim Shane Oaks came out and everybody came out basically guns a blazing. Are we surprised? But what he, what Sailor did and put and slammed on the table is it’s pristine capital, it’s transparent capital. And what are you willing to pay for that? And now you GARP banks trading at. We have no idea what their capital structure really is. Honestly, we have an idea, but it’s very opaque, right? You know, the high quality names are trading at two, two to, you know, two times tangible book. You’ve got fintech’s companies trading at four to five times, right book, and you know, what’s Sailor doing right now? Diluting his stock so he can buy as much Bitcoin as he wants because he sees the next game. He says the hell with what you guys think the next game is going to be. Wall Street’s going to realize that Bitcoin is pristine capital and there’s only 21 million of it. What do you and, and what just happened today? What did Morgan Stanley just file a treasury company. So everything you and I are talking about, they know they’re smart guys, right? They’re real, they’re not. That’s, this is the whole point. They’re really, really, really smart. Okay. They see they’ve gone through the history. They know. Okay, so you’re sitting there, you get around the room, you say, so wait a minute. Wait. Whoa, sailor’s over here. And he’s basically saying he’s gonna give you a a pref that’s basically backed by Bitcoin charging 10%. And he’s going after our corporate clients. I mean, and what’s the pitch Buck? You’ve got a hundred million dollars. Okay, you got a hundred million dollars in the kitty. Okay, buck. What happens is you need $10 million a year for working capital, which is in cash, which means you’ve got $90 million sitting there idle. Hey, buck, I can give you 10% on that. You go to Jamie, he’s giving you two. What are you gonna do? Yeah. I think one of the issues right now is I the, the perceived risk profile of that. Right. Uh, you know. I tend to agree with you about the, uh, pristine nature of Bitcoin s collateral, but just in general, the perception. I don’t know that, that that’s. That’s the case. Well, you gotta go back to the fact that, do you think Bitcoin’s going to zero or not? No, of course not. Yeah. ‘ cause the Bitcoin doesn’t go to zero. There’s no, then, then that are, there’s Bitcoin could go to zero. There’s no, I mean, I don’t think, I mean, non-zero probability, of course, right? I don’t think it is. And if that has been, if it has been selected and now you have Wall Street coalescing it, I haven’t even mentioned the president of the United States or his family. Right. Uh, or the Commerce Secretary and his family, right? Or if you go to New York, wall Street, right, they’re all talking about it, right? So, I, I, you know, to me, I, I, the question about micro strategy, to me it’s not. That it’s a treasury company and it’s got a pile of Bitcoin. What does he do with it? Does he become a bank? Like why does it, this is me. I’m pitching him. Right. Hey, Mike, why don’t you just become a FinTech, say you’re like a FinTech company and you’ll get, and you, you’re gonna instantaneously trade it five to six times book. Why don’t you, why are you, you’re talking like you’re attacking them, but you’re still, you’re still a software company with a, with a big whack of Bitcoin that you are writing pres. Right? So, and, and so that’s, that’s how I look at it. I think the wave is too big. We are going to digitize. And the other thing that we didn’t really touch on with respect to AI and blockchain, and I’m gonna paraphrase the president. Right. Um, Mr. Trump is, look, um, it’s a matter of national security, duke, and when I hear that, I go back to the nineties in the eighties when I was in late eighties when I was an undergrad. Right. And it wasn’t China, it was Japan. And, and you know, what happened was, you know, it, it’s funny, Al Gore did deregulate so that. The internet could become for-profit. We all stood around and said, you know what the hell could, how do we make money on this? That’s, you know, what do we do? And then what did we do? We, we, we threw a ton of money at it and the United States controlled it. And what did we get out of it? We got out, we got, you know, all those companies. Right. The last thing I would say to you, and this is much more of a personal story, is I, when I was younger, I was in New York and it was 2000 and I was at the Grand Hyatt, and it was a tech, it was a tech conference and, uh, Larry Ellison Oracle was there and he gave a, he gave a, he gave a a, a fireside chat. Then, um, we go to a breakout room and, you know, in a break, I don’t know about if you’ve been to one, but you go to a breakout room, it’s a smaller room at the hotel, and you know, sometimes you got 25 people, sometimes you got 50 people, right. And, you know, I went to the, I went to the breakout with Mr. Allison ’cause of Oracle and I went in there and it was absolutely jammed and I was sweating and he just looked at us and he just ripped us. He AP Soly, just, I still have the scars today. I’m talking to you about it. Okay. He called it a bubble. He called it a bubble. He, he was early in calling it a bubble. I never forgot that. And then you sit there and see what he’s doing right now. Where he’s levering up the balance sheet. Now, to me, having survived in this game for such a long period of time, and I call it a game, it’s a game of strategy, whatever, you know, how does that not, you know, I would say to you, we were, your office was next to mine. Fuck. I remember New York, he’s loading the goose loaded in. He go in, he’s borrowing money from his grandmother. He’s, you know, what is going on. And he’s really stinking smart. You know, he’s, he, Larry Allenson just doesn’t do, and people, oh, he’s in, you know, he’s, no, he’s not, he’s, he’s like the mentor of all of these guys. You know what I mean? So there’s a, to me, there’s a discontinuity that these need to believe that we’re still early on because you know, what, if Larry’s, what do we take when Larry or Mr. Ellison is leveraging up to me, it’s profound because I’m anchoring off of my bias to the New York, the New York high at, at the Tech Co. I think it was, I think it was at Bear Stearn. I couldn’t remember Bear Stearns or Lehman. But you know, one of those I carry that experience on with the rest of my life. I do. It’s like, what is Larry thinking? Right? So he’s leveraging up buck. That’s all I know. He’s a priest or guy. Well, that’s probably a good place for us to stop, Jim, uh, chief, uh, market strategist at Wellington Elta Private Wealth. Thank you so much for joining me. Thanks so much and be safe. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. Uh, and, uh, as I said before, do not ignore ai. This is something that you need to start using. Have your kids start using it. Uh, make sure that they, you know. They use it every day because this whole world is turning AI and it’s gonna happen. You know, it’s gonna happen in, in a blink of an, uh, blink of an eye. And the world is gonna change and there are gonna be real winners out there. And the winners are gonna be people who knew where there was, was going and kind of used it in their mind’s eye as they looked on navigating how. You know how to allocate their money. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck JJoffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealth formula roadmap.com.

Making it to Europe & memories of his time racing there as he chased a drive in Formula One. Some of the names he was around back the junior days in the UK like Lewis Hamilton. Forming a friendship with Mark Webber & the training they did together including some life lessons as he climbed the ladder. Driving the Minardi F1 car at Misano which he recalls in vivid detail even now. Switching to Supercars & just how big that move was before landing multi year deals with all of the gun teams in pitlane. Plus wins at Bathurst & against the odds performances for smaller teams which gave him enormous satisfaction. As well as the next chapter with Grove which he is looking forward to immensely. This ep just keeps getting better. You’ll understand why we reckon it’s among our best from the moment you hit play! Head to Rusty's Facebook, Twitter or Instagram and give us your feedback and let us know who you want to hear from on Rusty's GarageSee omnystudio.com/listener for privacy information.

Why is hatred against Jews so bad in Canada, specifically? Is it because of our government? Is it the failure of the police? Is it because of Muslim immigration? On this episode, three theories, and one conclusion. Credits: This series is a co-production of Canadaland and The Canadian Jewish NewsMade possible by the generous support of The Bissell Family Foundation, George Burger, Dan Debow, Daniel Klass, Nanette Okun, Leslie Scanlon, Marjorie Skolnik, The York School, Lee Zentner, and others. Written and Reported by Jesse BrownResearch and Story Editing by Kate MinskyOriginal Music by SocalledSound Design, Mixing and Mastering by Caleb ThompsonEditorial Input from Michael Fraiman This episode relied on video documentation of the protests at Bathurst and Sheppard filmed by many sources, but none more than Caryma Sa'd and her videographer, Lee.. Special thanks to them and to Jonathan Rothman of The CJN. For a list of sources cited in this episode, please refer to this episode's web page (link)To support Canadaland, visit http://canadaland.com/join Hosted on Acast. See acast.com/privacy for more information.

Moez Zaman is the spokesperson for an antizionist protest that has taken place in the same Jewish neighbourhood in Toronto over 40 times. He says that his group has been unfairly characterized as antisemitic and pro-Hamas. So what do they really believe? What do their signs and chants actually mean? And what responsibility do they take for the impact they are having on their neighbours? Moez sits down for an uncommon exchange about his goals. This series is a co-production of Canadaland and The Canadian Jewish NewsMade possible by the generous support of The Bissell Family Foundation, George Burger, Dan Debow, Daniel Klass, Nanette Okun, Leslie Scanlon, Marjorie Skolnik, The York School, Lee Zentner, and others. Written and Reported by Jesse BrownResearch and Story Editing by Kate MinskyOriginal Music by SocalledSound Design, Mixing and Mastering by Caleb ThompsonEditorial Input from Michael Fraiman This episode relied on video documentation of the protests at Bathurst and Sheppard filmed by many sources, but none more than Caryma Sa'd and her videographer, Lee.. Special thanks to them and to Jonathan Rothman of The CJN. For a list of sources cited in this episode, please refer to this episode's web page (link)To support Canadaland, visit http://canadaland.com/join Hosted on Acast. See acast.com/privacy for more information.

Thanks to Allstate for sponsoring today's episode! Click here [https://bit.ly/3VhqAH3] to check Allstate first and see how much you could save on car insurance. Also thanks to Hankook for sponsoring today's video! Click here [https://bit.ly/3ZWwwYL] to learn more about Dynapro tires! This episode is also sponsored by BetterHelp. Give online therapy a try at https://betterhelp.com/PASTGAS and get on your way to being your best self. This week on Past Gas, we're diving into the unbelievable life of Tom Walkinshaw — the Scottish farmer-turned-racing powerhouse who built one of motorsport's greatest empires. Before he became the mastermind behind Jaguar's return to Le Mans and Holden's dominance at Bathurst, Walkinshaw was just a tough kid from Midlothian hustling his way up the racing ladder. From controversial disqualifications in the British Touring Car Championship to pushing homologation boundaries with Holden, Walkinshaw earned a reputation as the guy who'd do anything to go faster. Learn more about your ad choices. Visit podcastchoices.com/adchoices