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Kyle Cooper is entering his third season as Head Men's Basketball Coach and Athletic Director at Howard College. In his first two years, the Hawks had a 37-23 record. The Hawks had NJCAA All-Americans back-to-back years and sent 10 players to play at the NCAA D1 level. Cooper has helped players to compete in the SEC, WAC, A-10, Southland, Sun Belt, Big Sky, Summit, and SWAC.Cooper came to Howard after one year as an assistant coach at Tarleton State University. Before Tarleton, Cooper served as the Head Men's basketball coach at Western Texas College. In his two years, the Westerners had back-to-back Region V tournament appearances, multiple wins against nationally-ranked opponents, several appearances in the NJCAA national rankings, and an overall record of 38-19. Before his time in Snyder, Cooper spent one season as the top assistant coach at Mississippi Gulf Coast Community College. Cooper broke into the coaching industry in 2011 and spent his first six seasons as an assistant and associate head coach for North Iowa Area Community College where he also played and was a first-team All-Region player.On this episode Mike and Kyle discuss the multifaceted challenges and rewards inherent in coaching at the junior college level. Throughout our discussion, Cooper emphasizes the profound educational experience that junior college coaching provides, equipping coaches with the skills to navigate various responsibilities, from recruitment to player development. He shares insights from his coaching journey, highlighting his commitment to fostering players' growth while simultaneously striving for team success. The conversation delves into the intricacies of developing a cohesive team culture, particularly when faced with a roster comprised entirely of newcomers. Ultimately, Cooper conveys his passion for coaching, illustrating how his experiences have shaped his approach to mentorship and leadership in the game of basketball.Follow us on Twitterand Instagram @hoopheadspod for the latest updates on episodes, guests, and events from the Hoop Heads Pod.Make sure you're subscribed to the Hoop Heads Pod on iTunes or wherever you get your podcasts and while you're there please leave us a 5 star rating and review. Your ratings help your friends and coaching colleagues find the show. If you really love what you're hearing recommend the Hoop Heads Pod to someone and get them to join you as a part of Hoop Heads Nation.Have your notebook ready as you listen to this episode with Kyle Cooper, Head Men's Basketball Coach at Howard College.Website - https://www.hchawk.com/sports/mbkb/indexEmail - kcooper@howardcollege.eduTwitter/X - @CoachCooper_Visit our Sponsors!Dr. Dish BasketballOur friends at Dr. Dish Basketball are here to help you transform your team's training this off-season with exclusive offers of up to $4,000 OFF their Rebel+, All-Star+, and CT+ shooting machines. Unsure about budget? Dr. Dish offers schools-only Buy Now, Pay Later payment plans to make getting new equipment easier than ever.The Coaching PortfolioYour first impression is everything when applying...
This week TMPT welcomes into the show for our feature episode, actor and former pro wrestler, Tyler Mane. The former WCW Superstar joins the show to discuss his entire professional wrestling and acting career. Host John Poz and Tyler will also talk about the Marvel's Sabretooth, cameo in Deadpool and Wolverine, Michael Myers, breaking into the wrestling business, WCW, Woman, Big Sky, Mexico, Canada, AJPW, Stu Hart, Sting, Ric Flair, and so much more!Store - Teepublic.com/stores/TMPTFollow us @TwoManPowerTrip on Twitter and IG
Colter Nuanez and Andrew Houghton talk preseason Big Sky football, including breaking down their ballots for all-conference teams. Plus: Colter catches up with Cadence Lundgren, who's now playing volleyball at Kansas State after a legendary senior season at Bozeman Gallatin.
Colter Nuanez and Andrew Houghton reveal their votes for the Big Sky football preseason poll and debate their differing selections in the No. 1 spot.
On today's episode, Kyle Grieve discusses the principles of value investing, including how to distinguish between speculation and true investing, the dangers of Wall Street's incentive structures, and the importance of prioritizing downside protection over upside potential. We'll also delve into discipline for value investing, how to develop a margin of safety mindset, and how to build a risk-averse strategy and portfolio. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 05:04 - Why most investors speculate rather than invest—and how to tell the difference 11:01 - Why fund managers have structural weaknesses that require them to prioritize the wrong things 13:26 - Why EBITDA can mislead—and how it hides a business's actual condition 16:46 - Why value investors focus more on downside protection than upside potential 18:47 - How to think about margin of safety when constructing a portfolio 31:51 - The three temperamental traits most critical to successful value investing 36:38 - Why value investors hold cash and how they use it as a strategic weapon 44:00 - A detailed breakdown of how Klarman values businesses 20:06 - The major types of value opportunities—and where to find them 1:02:49 - Klarman's perspective on diversification and intelligent position sizing Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy a copy of Margin of Safety here. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Human Rights Foundation Unchained Vanta Shopify Onramp HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
WhoRon Schmalzle, President, Co-Owner, and General Manager of Ski Big Bear operator Recreation Management Corp; and Lori Phillips, General Manager of Ski Big Bear at Masthope Mountain, PennsylvaniaRecorded onApril 22, 2025About Ski Big BearClick here for a mountain stats overviewOwned by: Property owners of Masthope Mountain Community; operated by Recreation Management CorporationLocated in: Lackawaxen, PennsylvaniaYear founded: 1976 as “Masthope Mountain”; changed name to “Ski Big Bear” in 1993Pass affiliations:* Indy Pass – 2 days, select blackouts* Indy+ Pass – 2 days, no blackoutsClosest neighboring ski areas: Villa Roma (:44), Holiday Mountain (:52), Shawnee Mountain (1:04)Base elevation: 550 feetSummit elevation: 1,200 feetVertical drop: 650 feetSkiable acres: 26Average annual snowfall: 50 inchesTrail count: 18 (1 expert, 5 advanced, 6 intermediate, 6 beginner)Lift count: 7 (4 doubles, 3 carpets – view Lift Blog's inventory of Ski Big Bear's lift fleet)Why I interviewed themThis isn't really why I interviewed them, but have you ever noticed how the internet ruined everything? Sure, it made our lives easier, but it made our world worse. Yes I can now pay my credit card bill four seconds before it's due and reconnect with my best friend Bill who moved away after fourth grade. But it also turns out that Bill believes seahorses are a hoax and that Jesus spoke English because the internet socializes bad ideas in a way that the 45 people who Bill knew in 1986 would have shut down by saying “Bill you're an idiot.”Bill, fortunately, is not real. Nor, as far as I'm aware, is a seahorse hoax narrative (though I'd like to start one). But here's something that is real: When Schmalzle renamed Masthope Mountain to “Ski Big Bear” in 1993, in honor of the region's endemic black bears, he had little reason to believe anyone, anywhere, would ever confuse his 550-vertical-foot Pennsylvania ski area with Big Bear Mountain, California, a 39-hour, 2,697-mile drive west.Well, no one used the internet in 1993 except weird proto-gamers and genius movie programmers like the fat evil dude in Jurassic Park. Honestly I didn't even think the “Information Superhighway” was real until I figured email out sometime in 1996. Like time travel or a human changing into a cat, I thought the internet was some Hollywood gimmick, imagined because wouldn't it be cool if we could?Well, we can. The internet is real, and it follows us around like oxygen, the invisible scaffolding of existence. And it tricks us into being dumb by making us feel smart. So much information, so immediately and insistently, that we lack a motive to fact check. Thus, a skier in Lackawaxen, Pennsylvania (let's call him “Bill 2”), can Google “Big Bear season pass” and end up with an Ikon Pass, believing this is his season pass not just to the bump five miles up the road, but a mid-winter vacation passport to Sugarbush, Copper Mountain, and Snowbird.Well Bill 2 I'm sorry but you are as dumb as my imaginary friend Bill 1 from elementary school. Because your Ikon Pass will not work at Ski Big Bear, Pennsylvania. And I'm sorry Bill 3 who lives in Riverside, California, but your Ski Big Bear, Pennsylvania season pass will not work at Big Bear Mountain Resort in California.At this point, you're probably wondering if I have nothing better to do but sit around inventing problems to grumble about. But Phillips tells me that product mix-ups with Big Bear, California happen all the time. I had a similar conversation a few months ago with the owners of Magic Mountain, Idaho, who frequently sell tubing tickets to folks headed to Magic Mountain, Vermont, which has no tubing. Upon discovering this, typically at the hour assigned on their vouchers, these would-be customers call Idaho for a refund, which the owners grant. But since Magic Mountain, Idaho can only sell a limited number of tickets for each tubing timeslot, this internet misfire, impossible in 1993, means the mountain may have forfeited revenue from a different customer who understands how ZIP codes work.Sixty-seven years after the Giants baseball franchise moved from Manhattan to San Francisco, NFL commentators still frequently refer to the “New York football Giants,” a semantic relic of what must have been a confusing three-decade cohabitation of two sports teams using the same name in the same city. Because no one could possibly confuse a West Coast baseball team with an East Coast football team, right?But the internet put everything with a similar name right next to each other. I frequently field media requests for a fellow names Stuart Winchester, who, like me, lives in New York City and, unlike me, is some sort of founder tech genius. When I reached out to Mr. Winchester to ask where I could forward such requests, he informed me that he had recently disappointed someone asking for ski recommendations at a party. So the internet made us all dumb? Is that my point? No. Though it's kind of hilarious that advanced technology has enabled new kinds of human error like mixing up ski areas that are thousands of miles apart, this forced contrast of two entities that have nothing in common other than their name and their reason for existence asks us to consider how such timeline cohabitation is possible. Isn't the existence of Alterra-owned, Ikon Pass staple Big Bear, with its hundreds of thousands of annual skier visits and high-speed lifts, at odds with the notion of hokey, low-speed, independent, Boondocks-situated Ski Big Bear simultaneously offering a simpler version of the same thing on the opposite side of the continent? Isn't this like a brontosaurus and a wooly mammoth appearing on the same timeline? Doesn't technology move ever upward, pinching out the obsolete as it goes? Isn't Ski Big Bear the skiing equivalent of a tube TV or a rotary phone or skin-tight hip-high basketball shorts or, hell, beartrap ski bindings? Things no one uses anymore because we invented better versions of them?Well, it's not so simple. Let's jump out of normal podcast-article sequence here and move the “why now” section up, so we can expand upon the “why” of our Ski Big Bear interview.Why now was a good time for this interviewEvery ski region offers some version of Ski Big Bear, of a Little Engine That Keeps Coulding, unapologetically existent even as it's out-gunned, out-lifted, out-marketed, out-mega-passed, and out-locationed: Plattekill in the Catskills, Black Mountain in New Hampshire's White Mountains, Middlebury Snowbowl in Vermont's Greens, Ski Cooper in Colorado's I-70 paper shredder, Nordic Valley in the Wasatch, Tahoe Donner on the North Shore, Grand Geneva in Milwaukee's skiing asteroid belt.When interviewing small ski area operators who thrive in the midst of such conditions, I'll often ask some version of this question: why, and how, do you still exist? Because frankly, from the point of view of evolutionary biologist studying your ecosystem, you should have been eaten by a tiger sometime around 1985.And that is almost what happened to Ski Big Bear AKA Masthope Mountain, and what happened to most of the dozens of ski areas that once dotted northeast Pennsylvania. You can spend days doomsday touring lost ski area shipwrecks across the Poconos and adjacent ranges. A very partial list: Alpine Mountain, Split Rock, Tanglwood, Kahkout, Mount Tone, Mount Airy, Fernwood - all time-capsuled in various states of decay. Alpine, slopes mowed, side-by-side quad chairs climbing 550 vertical feet, base lodge sealed, shrink-wrapped like a winter-stowed boat, looks like a buy-and-revive would-be ski area savior's dream (the entrance off PA 147 is fence-sealed, but you can enter through the housing development at the summit). Kahkout's paint-flecked double chair, dormant since 2008, still rollercoasters through forest and field on a surprisingly long line. Nothing remains at Tanglwood but concrete tower pads.Why did they all die? Why didn't Ski Big Bear? Seven other public, chairlift-served ski areas survive in the region: Big Boulder, Blue Mountain, Camelback, Elk, Jack Frost, Montage, and Shawnee. Of these eight, Ski Big Bear has the smallest skiable footprint, the lowest-capacity lift fleet, and the third-shortest vertical drop. It is the only northeast Pennsylvania ski area that still relies entirely on double chairs, off kilter in a region spinning six high-speed lifts and 10 fixed quads. Ski Big Bear sits the farthest of these eight from an interstate, lodged at the top of a steep and confusing access road nearly two dozen backwoods miles off I-84. Unlike Jack Frost and Big Boulder, Ski Big Bear has not leaned into terrain parks or been handed an Epic Pass assist to vacuum in the youth and the masses.So that's the somewhat rude premise of this interview: um, why are you still here? Yes, the gigantic attached housing development helps, but Phillips distills Ski Big Bear's resilience into what is probably one of the 10 best operator quotes in the 209 episodes of this podcast. “Treat everyone as if they just paid a million dollars to do what you're going to share with them,” she says.Skiing, like nature, can accommodate considerable complexity. If the tigers kill everything, eventually they'll run out of food and die. Nature also needs large numbers of less interesting and less charismatic animals, lots of buffalo and wapiti and wild boar and porcupines, most of which the tiger will never eat. Vail Mountain and Big Sky also need lots of Ski Big Bears and Mt. Peters and Perfect Norths and Lee Canyons. We all understand this. But saying “we need buffalo so don't die” is harder than being the buffalo that doesn't get eaten. “Just be nice” probably won't work in the jungle, but so far, it seems to be working on the eastern edge of PA.What we talked aboutUtah!; creating a West-ready skier assembly line in northeast PA; how – and why – Ski Big Bear has added “two or three weeks” to its ski season over the decades; missing Christmas; why the snowmaking window is creeping earlier into the calendar; “there has never been a year … where we haven't improved our snowmaking”; why the owners still groom all season long; will the computerized machine era compromise the DIY spirit of independent ski areas buying used equipment; why it's unlikely Ski Big Bear would ever install a high-speed lift; why Ski Big Bear's snowmaking fleet mixes so many makes and models of machines; “treat everyone as if they just paid a million dollars to do what you're going to share with them”; why RFID; why skiers who know and could move to Utah don't; the founding of Ski Big Bear; how the ski area is able to offer free skiing to all homeowners and extended family members; why Ski Big Bear is the only housing development-specific ski area in Pennsylvania that's open to the public; surviving in a tough and crowded ski area neighborhood; the impact of short-term rentals; the future of Ski Big Bear management, what could be changing, and when; changing the name from Masthope Mountain and how the advent of the internet complicated that decision; why Ski Big Bear built maybe the last double-double chairlift in America, rather than a fixed-grip quad; thoughts on the Grizzly and Little Bear lifts; Indy Pass; and an affordable season pass.What I got wrongOn U.S. migration into cities: For decades, America's youth have flowed from rural areas into cities, and I assumed, when I asked Schmalzle why he'd stayed in rural PA, that this was still the case. Turns out that migration has flipped since Covid, with the majority of growth in the 25-to-44 age bracket changing from 90 percent large metros in the 2010s to two-thirds smaller cities and rural areas in this decade, according to a Cooper Center report.Why you should ski Ski Big BearOK, I spent several paragraphs above outlining what Ski Big Bear doesn't have, which makes it sound as though the bump succeeds in spite of itself. But here's what the hill does have: a skis-bigger-than-it-is network of narrow, gentle, wood-canyoned trails; one of the best snowmaking systems anywhere; lots of conveyors right at the top; a cheapo season pass; and an extremely nice and modern lodge (a bit of an accident, after a 2005 fire torched the original).A ski area's FAQ page can tell you a lot about the sort of clientele they're built to attract. The first two questions on Ski Big Bear's are “Do I need to purchase a lift ticket?” and “Do I need rental equipment?” These are not questions you will find on the website for, say, Snowbird.So mostly I'm going to tell you to ski here if you have kids to ski with, or a friend who wants to learn. Ski Big Bear will also be fine if you have an Indy Pass and can ski midweek and don't care about glades or steeps, or you're like me and you just enjoy novelty and exploration. On the weekends, well, this is still PA, and PA skiing is demented. The state is skiing's version of Hanoi, Vietnam, which has declined to add traffic-management devices of any kind even as cheap motorbikes have nearly broken the formerly sleepy pedestrian city's spine:Hanoi, Vietnam, January 2016. Video by Stuart Winchester. There are no stop signs or traffic signals, for vehicles or pedestrians, at this (or most), four-way intersections in old-town Hanoi.Compare that to Camelback:Camelback, Pennsylvania, January 2024. Video by Stuart Winchester.Same thing, right? So it may seem weird for me to say you should consider taking your kids to Ski Big Bear. But just about every ski area within a two-hour drive of New York City resembles some version of this during peak hours. Ski Big Bear, however, is a gentler beast than its competitors. Fewer steeps, fewer weird intersections, fewer places to meet your fellow skiers via high-speed collision. No reason to release the little chipmunks into the Pamplona chutes of Hunter or Blue, steep and peopled and wild. Just take them to this nice little ski area where families can #FamOut. Podcast NotesOn smaller Utah ski areasStep off the Utah mainline, and you'll find most of the pow with fewer of the peak Wasatch crowds:I've featured both Sundance and Beaver Mountain on the podcast:On Plattekill and Berkshire EastBoth Plattekill, New York and Berkshire East, Massachusetts punched their way into the modern era by repurposing other ski areas' junkyard discards. The owners of both have each been on the pod a couple of times to tell their stories:On small Michigan ski areas closingI didn't ski for the first time until I was 14, but I grew up within an hour of three different ski areas, each of which had one chairlift and several surface lifts. Two of these ski areas are now permanently closed. My first day ever was at Mott Mountain in Farwell, Michigan, which closed around 2000:Day two was later that winter at what was then called “Bintz Apple Mountain” in Freeland, which hasn't spun lifts in about a decade:Snow Snake, in Harrison, managed to survive:The Storm Skiing Journal and Podcast is a sustainable small business directly because of my paid subscribers. To upgrade, please click through below. Thank you for your support of independent ski journalism. Get full access to The Storm Skiing Journal and Podcast at www.stormskiing.com/subscribe
In this episode, Clay reviews Lee Freeman-Shor's book — The Art of Execution. Freeman-Shor studied 45 of the world's top investors over seven years, revealing why investment success depends far more on execution than stock picking. Through analysis of nearly 1,000 investments, he discovered that even the best investors are wrong half the time, but their success comes from how they handle both winners and losers. This episode provides essential lessons on the execution strategies that determine long-term investment success. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 06:07 - The three types of investor behaviors when facing losing positions and their outcomes. 08:37 - The psychological biases that trap investors in losing positions for years. 11:48 - Why even the world's best investors are wrong 51% of the time. 38:17 - Why selling winners early is more damaging than holding losers too long. 56:25 - How concentration beats diversification for generating superior long-term returns. 58:42 - Why execution matters more than stock picking for investment success. 01:00:36 - The five-point winner's checklist for executing investment strategies like top performers. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Lee Freeman-Shor's book: The Art of Execution. Michael Lewis' book: Moneyball. The Intrinsic Value Podcast. Shawn and Daniel's episode on Reddit. Related Episode: TIP709: The Art of Long-Term Investing w/ Francois Rochon. Follow Clay on X and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Human Rights Foundation Unchained Vanta Shopify Onramp HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
When Susie and Nick Shaw's nine-year-old son William died in a skiing accident, their world shifted permanently. In the six years since that day, they've found ways to carry their grief and stay connected to William, while continuing to honor the boy who inspired so much good in their lives and in their community. In this deeply moving conversation, Susie and Nick reflect on William's life—his empathy, his humor, and the motto he created for himself in the year before he died: “Be Yourself.” A simple but powerful phrase that inspired their nonprofit, William's Be Yourself Challenge. Together, we discuss: The day William died and what they've come to understand about control, safety, and loss Navigating grief as individuals and as a couple Supporting their son Kai in grieving for his brother Raising Bodhi, their child who was born after William's death Creating family rituals, including monthly taco nights and birthday celebrations Returning to Big Sky, Montana to visit the spot where William died and reclaim their love of skiing Their new project, The Greenhouse, a house for families who are grieving to take a break from daily life Whether you're a parent or a caregiver who's grieving, a supporter of one, or someone walking alongside a family coping with heartbreaking grief, this conversation highlights the power of honesty, connection, and intentional grief work. Content Warning: This episode contains discussions of child death, trauma, and detailed descriptions of the day William died. More from Susie & Nick: Susie's writing: Dear William Substack Susie on IG: @bereavementmom Nick's book: My Teacher, My Son Learn more: WilliamsBeYourselfChallenge.org Donate or get involved with The Greenhouse Project: WBYCgiving.org
Today we discuss ‘Homeland' – a ski touring only ‘resort' in Italy, we ask what should be on Rob Katz's ‘to do' list as he takes up the reins again at Vail Resorts, plus we find out about skiing along the Mississippi. Host Iain Martin was joined in the studio by freelance journalist Sam Haddad and host of the Storm Skiing Podcast, Stuart Winchester, as well as down the line with snow reports by Rachael Oakes-Ash in Australia and Guy Beatson in New Zealand. SHOW NOTES Sam was last on the show talking about La Grave in Episode 214 (1:15) Stuart was last on the show in Episode 235 (1:30) Find out about La Sarenne in Alpe d'Huez (4:00) Stuart's last day of skiing was at Arapahoe Basin in Colorado (5:00) Guy Beatson reported from New Zealand (9:30) Rachael Oakes-Ash from Snowsbest reported from Australia (11:00) Homeland is a ski touring ‘resort' in Italy (13:00) Read Sam's Substack ‘Climate and Board Sports' (14:00) Read Sam's article for the Guardian We featured Madesimo in Episode 165 (18:00) Read Stuart's Storm Skiing Journal Substack (23:30) ”Everyone's searching for skiing's soul. I'm trying to find its brains” We covered the Ikon Pass, Indy Pass, Mountain Collective & Epic Pass in Episode 265 We discussed how the Epic Pass is making a difference in Australia in Episode 250 (25:45) Vail launched the Epic Pass in 2008 (26:00) Sales of the Epic Pass were down for the first time in 2024/25 (28:30) The ski patrol strike in Park City was a PR disaster for Vail Resorts (30:00) The CEO of Vail Resort Kirsten Lynch resigned in May 2025 (32:00) She was replaced by Rob Katz (32:30) What should be on Rob Katz's 'to do' list (32:45) “Walk-up lift ticket prices that would embarrass a luxury handbag store!” “Wait, There's a Limit to What People Will Pay to Ski 7 Hours on a Tuesday in a Highly Competitive Market?” Skiing in Alabama (37:00) Feedback I always enjoy listener feedback. Please leave a comment on Spotify, Instagram and Facebook – our handle is @theskipodcast – or drop me an email to theskipodcast@gmail.com Guy Beatson: "I really enjoy the podcast – it helped prepare for my trip to Big Sky and Grand Targhee in late January" You can follow me @skipedia and the podcast @theskipodcast. You can also follow us on WhatsApp for exclusive material released ahead of the podcast. If you enjoyed this episode and would like to help the podcast, there are three things you can do: - Follow us, or subscribe, so you never miss an episode - Give us a review on Apple Podcasts or leave a comment on Spotify - ‘Buy me a coffee' at buymeacoffee.com/theskipodcast
Kickoff times are out for every Big Sky Conference football game, and Colter Nuanez and Andrew Houghton celebrate the return of the afternoon kickoff and start to break down the schedule. Plus: Andrew catches up with Griz football commit Wesley Ehret.
A new lawsuit claims the Montana Department of Environmental Quality failed to assess how nutrient pollution from septic systems near the town of Big Sky will harm the Gallatin River.
If you want big fun then join Jared Christie, Polaris Adventures Content Manager, on a ride at Big Sky, Montana. Explore the famous area in both summer and winter and don't skip out on the legendary Corral Steakhouse restaurant and hotel. Book your next adventure @ www.adventures.polaris.com Unless noted, trademarks are the property of Polaris Industries Inc. © 2025 Polaris Industries Inc.
Colter Nuanez and Andrew Houghton discuss some of the recently fallen powers in Big Sky football - Eastern Washington and Weber State. Plus: Colter's thoughts on the proposed March Madness expansion.
This year's Flight Test Safety Workshop hit on a lot of great concepts, lessons and ideas. You can check them out in the link below. There was a common theme through several of the talks and that is how culture affects our decisions and our attitude towards safety. I will also discuss an accident from half a century ago that had a lasting impact on aviation. View the accident report with the link below. Workshop Presentation Videocasts: https://flighttestsafety.org/2025-greensboro-nc Link to the Accident Report : https://web.archive.org/web/20150220195809/http://lessonslearned.faa.gov/UAL718/CAB_accident_report.pdf This Podcast is sponsored by Time2climb Training and Consulting
In this week's Akem's Analysis, Samuel Akem discuss some of the most pivotal games happening this year in the Big Sky Conference. With many question marks, it isn't easy to know who will shine above the rest this season, but we can look at some of the games and anticipate high drama based on previous seasons. Sammy also delves into what Southern Utah and Utah Tech will bring to the Big Sky in 2026. Their entrance into the conference sparks a lot of discussion about the future. Sac State is still pushing forward with its FBS push, despite being denied by the Division I Council. 0:00 - Intro 2:01 - Pivotal Big Sky Games In 2025 25:03 - Utah Tech & Southern Utah Joining Big Sky Conference 31:52 - 12-Game Regular Season Schedule In FCS 33:17 - Tom Wistrcill To Be Vice President of CCA 36:21 - Sacramento State Still Pushing For FBS In 2026 50:45 - SDSU & UND Officially Opt In 56:03 - Final Thoughts 57:58 - End
In this week's Akem's Analysis, Samuel Akem discusses Montana's recent decision to opt into the house settlement and what it means for the university's future and its athletics. The change for them was a little last-minute, but in the end, due to the roosting adjustment, they were able to make it work for themselves.Sammy also makes his 2025 preseason award picks for the Big Sky Conference, some may surprise you, and some may be expected. An article was written last week discussing the potential financial distribution numbers Tennessee Chattanooga could have for its athletics in this first year of revenue sharing. 0:00 - Intro 2:23 - Montana Opts Into House Settlement 16:19 - My Big Sky Preseason Award Picks For 2025 24:56 - 319 DI Schools Opt Into House Settlement 30:28 - Projected Financial Distribution In Rev-Share at UTC 44:32 - Sac State Is Dominating In Recruiting 51:30 - Final Thoughts 52:55 - End
In this episode, Stig Brodersen speaks with Guy Spier who has outperformed the S&P 500 since 1997, with a 9.6% vs. 8.8% CAGR. They explore why Guy invested in The Economist, and how friendships, service, and living by an inner scorecard guide his life and investment philosophy. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:27 - Why Guy Spier decided to invest in The Economist. 13:16 - How Guy is living by his inner scorecard. 55:16 - Why friendships are there for a reason, a season, or a lifetime. 55:16 - How does Guy invest in friendships? 01:09:03 - How to facilitate thoughtful conversations with friends. 01:22:03 - How do you seek wisdom? 01:44:04 - How do you identify how to best be of service? 01:57:43 - What money can and can't buy you. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig's interview with Guy Spier about his track record and risk. Stig's interview with Guy Spier about investing and life. Stig and Preston's interview with Guy Spier on his book, The Education of a Value Investor. Stig and Preston's interview with Guy Spier about his lunch with Warren Buffett. Guy Spier's book, The Education of a Value Investor – Read reviews of the book. Subscribe to Guy Spier's Free Newsletter. Guy Spier's podcast and website. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining AnchorWatch Human Rights Foundation Onramp Superhero Leadership Unchained Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
In this episode, Clay shares the key principles behind his personal investment approach. His approach has been shaped by over a decade of experience and lessons from great investors like Charlie Munger, Nick Sleep, and Chris Mayer. He explains how he builds a portfolio focused on high-quality businesses and long-term compounding. It's a candid look at how he filters out the noise and plays the game on his own terms. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 03:19 - How Clay defines and pursues financial independence through investing. 05:22 - The lessons Clay learned from Charlie Munger, Nick Sleep, and Chris Mayer. 08:35 - How Clay constructs and thinks about his personal portfolio. 16:22 - Why great businesses often beat cheap stocks over the long run. 27:05 - What “sidecar investing” means and how to apply it. 58:08 - The importance of simplicity and ignoring market noise. 01:04:26 - Why patience may be the biggest edge in investing. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Richard Zechhauser's paper: Investing in the Unknown and Unknowable. Related Episode: TIP598: A Tribute to Charlie Munger. Related Episode: TIP492: The Best Investor You've Never Heard Of (Nick Sleep). Related Episode: TIP677: Why Most Stocks Will Lose You Money w/ Hendrik Bessembinder. Related Episode: TIP713: Why Serial Acquirers Outperform w/ Niklas Savas. Clay's podcast episode on Constellation Software. Clay's podcast episode on Topicus. Clay's podcast episode on Dino Polska. Clay's podcast episode on Booking Holdings. Clay's video on Lumine. Follow Clay on X and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining AnchorWatch Human Rights Foundation Onramp Superhero Leadership Unchained Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
A baseball history interlude leads into a Big Sky football-focused ESPN Roundtable, as Colter Nuanez and Andrew Houghton discuss Sac State, Idaho State and whether the Griz and 'Cats deserve the top two spots in the preseason media poll.
Colter Nuanez and Andrew Houghton discuss whether any Big Sky football teams might be able to put together the best year in program history this fall. Plus: a musical interlude about the upcoming Zootown Festival, and a breakdown of Monday morning's Jalen Ramsey/Minkah Fitzptrick trade.
Monte Mader grew up in a Christian Nationalist family where indoctrination and abuse were ever-present. I became a fan of her powerful voice as she eviscerated the lies of Christian Dominionism, Christian Nationalism, and the New Apostolic Reformation (NAR) using her knowledge of scripture and Christian ideologies. She has over a million followers on Instagram as a “former alt-right Christian nationalist,” sharing her artistic talent and complex views to dispel widely believed radical Republican doctrine. She brings this knowledge forward and finds ways to bridge communications from her upbringing within a controlling but also highly influential alt-right family from Wyoming. She now shares the deconstruction of her childhood and aspects of her healing journey in several venues, including a new memoir she's working on. Her experiences are also reflected in her music as a “Rocky Mountain rock artist” living in Nashville, Tennessee. She writes songs and performs with her band, The Big Sky. She is so talented and is an inspiration. Learn more about your ad choices. Visit megaphone.fm/adchoices
On today's episode, Kyle Grieve discusses how Warren Buffett evolved from a young entrepreneur with an intense fascination for numbers into one of history's most disciplined and independent investors. The episode explores the key influences, early lessons, and defining choices that shaped his unique approach to business and capital allocation. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 03:04 - How Buffett showed business instincts as a young boy 03:44 - How Buffett used scuttlebutt early in his career 04:26 - The influence Buffett's father had on his mindset 11:06 - Three timeless principles Buffett learned from Ben Graham 19:11 - The period Buffett compounded at over 50% annually 23:49 - How a “cigar butt” taught Buffett pricing power 29:33 - Why Buffett embraced concentrated investing from the start 45:14 - Why Buffett saw media companies as modern-day toll bridges 54:02 - Buffett's core disagreement with efficient market theory 1:00:00 - What Buffett learned while rescuing Salomon Brothers Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Buy a copy of Buffett: The Making of an American Capitalist here. Follow Kyle on X and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORSSupport our free podcast by supporting our sponsors: SimpleMining AnchorWatch Human Rights Foundation Onramp Superhero Leadership Unchained Vanta Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
On today's episode, Kyle Grieve chats with Ian Cassel about what separates good, great, and GOAT investors by breaking down the five core skills of stock picking. We'll also explore how elite investors evolve, avoid common traps, and develop underappreciated edges that compound into long-term outperformance. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:30 - What sparked Ian's obsession with investor greatness. 07:41 - The two metrics that reveal actual investing skill. 13:07 - Why radical self-honesty drives long-term improvement. 16:41 - The track records that define good, great, and GOAT investors. 19:09 - What a jiu-jitsu legend taught Ian about mastery. 19:09 - Five core skills every top investor must develop. 36:19 - Why staying the same means falling behind. 44:16 - Hidden skills that give GOATs an unfair edge. 01:08:16 - The rare skill Ian leverages for outperformance. 01:11:15 - Offense vs. defense: applying it to your portfolio. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Read Ian's MicroCapClub Newsletter here. Check out the MicroCapClub here. Learn about MicroCapClub's free events here. Follow Kyle on X and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Human Rights Foundation Vanta Indeed Fundrise Onramp reMarkable Shopify Abundant Mines River Financial The Bitcoin Way HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Ben Criddle talks BYU sports every weekday from 2 to 6 pm.Today's Co-Hosts: Ben Criddle (@criddlebenjamin)Subscribe to the Cougar Sports with Ben Criddle podcast:Apple Podcasts: https://itunes.apple.com/us/podcast/cougar-sports-with-ben-criddle/id99676
Matt talks with Porter and Brice on the Big Sky realignment news, what the House v NCAA settlement means for smaller schools, and more!
Hacksaw is on the road at the St. Lawrence Seaway in Upstate New York, ready to bring you Hacksaw's Headlines! Cooper Flagg is the #1 pick in the NBA Draft and heads to Dallas with Kyrie, AD and Klay. Big trades and salary dumps in the NBA. The Lakers and Clippers looking for help. Padres/Dodgers Updates, plus news and notes from Rays, Pirates, Red Sox, Tigers, Diamondbacks, White Sox, Rockies, Yankees, and Mets. The NFL is under fire for collusion of QB salaries. Plus, the NHL draft and news from Oilers, Canucks, Panthers, Maple Leafs, Ducks, Flyers, and Stars. High Speed Sports Wire features news on PAC12, Mountain West, Big Sky, Morehead State, Kentucky, USC, and SDFC. Got a question or comment for Hacksaw? Drop your take in the Live Chat and we will take you in to Fans Forum. Here's what Lee Hamilton thinks on Thursday, June 23, 2025. 1)...NBA DRAFT...BAD TEAMS GETTING SCORERS "COOPER FLAGG-DALLAS" 2)...NBA TRADES...4-BIG DEALS LEADING INTO DRAFT "BIG TRADES OR SALARY DUMPS" ROCKETS-SUNS BOSTON-HAWKS-NETS CELTICS-PORTLAND PELICANS-WIZARDS 3)...LAKERS-CLIPPERS...HOW TO IMPROVE TEAMS? "HELP WANTED IN LA" =============== (HALFTIME-DIXIELINE LUMBER) =============== 4)...MLB NOTEBOOK...BAD WEEK IN BASEBALL "PROBLEMS-ON-OFF FIELD" TAMPA BAY PIRATES RED SOX-TIGERS ARIZONA-WHITE SOX ROCKIES YANKEES-METS 5)...PADRES-DODGERS UPDATES "PADRES-DODGERS NOTES" --------- 6)...NFL HEADED FOR TROUBLE WITH UNION "ARBITRATOR-NFL COLLUSION" ========= 7)...NHL...BIG WEEKEND "TRADES-FREE AGENCY-DRAFT" OILERS-VANCOUVER FLORIDA TORONTO DUCKS-FLYERS DALLAS STARS =========== 8).HOT HEADLINES "OFF THE SPORTS WIRE" PAC 12 LOGO MOUNTAIN WEST BIG SKY CONFERENCE MOREHEAD STATE-KENTUCKY USC SDFC ============ #nfl #CHARGERS #CARDINALS #MLB #yankees #redsox #rays #tigers #whitesox #mets #pirates #diamondbacks #rockies #PADRES #michaelking #ajpreller #yudarvish #stephenkolek #robertsuarez #DODGERS #tylerglasnow #shoheiohtani #ippeimizuhara #rokisasaki #wanderfranco #oneillcruz #budblack #ketelmarte #justinherbert #deanspanos #kylermurray #nhl # #MAPLELEAFS #DUCKS #KINGS #OILERS #canucks #sharks #MITCHELLMARNER #AUSTONMATTHEWS #johngibson #evanderkane #lakers #clippers #celtics #mavericks #suns #spurs #ruihachimura #kevindurant #cooperflagg #SANDIEGOFC #SDFC #milaniloski Be sure to share this episode with a friend! ☆☆ STAY CONNECTED ☆☆ For more of Hacksaw's Headlines, The Best 15 Minutes, One Man's Opinion, and Hacksaw's Pro Football Notebook: http://www.leehacksawhamilton.com/ SUBSCRIBE on YouTube for more reactions, upcoming shows and more! ► https://www.youtube.com/c/leehacksawhamiltonsports FACEBOOK ➡ https://www.facebook.com/leehacksaw.hamilton.9 TWITTER ➡ https://twitter.com/hacksaw1090 TIKTOK ➡ https://www.tiktok.com/@leehacksawhamilton INSTAGRAM ➡ https://www.instagram.com/leehacksawhamiltonsports/ To get the latest news and information about sports, join Hacksaw's Insider's Group. It's free! https://www.leehacksawhamilton.com/team/ Thank you to our sponsors: Dixieline Lumber and Home Centers https://www.dixieline.com/
Greg looks at the Big Sky from a stylistic and betting standpoint, examines the rosters of every team in the conference with Parker Cotton of the Bozeman Chronicle, & Greg gives his projected order of finish for the Big Sky for the 2025-26 season!Podcast Highlights2:44-Betting trends & styles of the Big Sky12:13-Examination of every Big Sky roster with Parker Cotton33:14-Greg's projected order of finish for the Big Sky
Today we focus on the new ski season in Australia and New Zealand, especially the new chairlift in Perisher and ski area extension in Cardrona. Plus could ski ballet be making a comeback? We find out about this iconic sport from the 80s Host Iain Martin was joined by the expert on skiing in Australia and New Zealand, founder of the Snowsbest website, Rachael Oakes-Ash, and the founder of MGG clothing, and the man single-handedly behind the ski ballet revival, Tom Bata. SHOW NOTES Rachael enjoyed great conditionsat the Australia opening weekend (1:30) Iain skied all five of the UK's indoor snowdomes in May (2:45) Big Sky featured in Episode 235 of The Ski Podcast (3:00) Svalbard featured in Episode 218 of The Ski Podcast (5:00) Listen to Iain's interview with Xavier De Le Rue (7:00) Alex Irwin from 150 Days of Winter reported from the opening weekend in Tignes (8:00) Alex Armand from Tip Top Ski Coaching reported from Les 2 Alpes (9:15) The new AUD26 million chairlift in Perisher (10:45) Listen to Iain's report from Australia in Episode 182 (12:45) The Epic Pass in Australia (15:00) The new 4 day pass in in Australia (17:00 The Thredbo Alpine Coaster (19:30) The Soho ski area in Cardona will make it the largest NZ ski area (21:20) Cardrona is opening a new freestyle training centre (23:20) Mt Dobson and Ohau are for sale (27:00) MGG (Mont Gele Gear) is based in Verbier (28:45) MGG incorporate a Radical Transparency Label (30:45) Take a look at one of the RTL labels (32:00) What is ‘ski ballet'? (33:30) Watch MGG's film about ski ballet (34:45) Did Tanner Hall made his start in ski ballet? (35:00) Will ski ballet ever come back into the mainstream (40:00) Feedback (41:30) I love to hear what you think about the show – what you like, or don't like – just leave me a comment on Spotify or Instagram and Facebook – our handle is @theskipodcast – or drop me an email to theskipodcast@gmail.com skiiingPostie (on Episode 249): “I get people's apprehension (about starting skiing)…I started learning at 47 and the main thing I was worried about was hurting myself or others” Alex: “I've recently got into listening to your podcast and am really enjoying all the skiing chat.” There are now 262 episodes of The Ski Podcast to catch up with and 229 of those were listened to in the last week. Go to theskipodcast.com and have a look around our back catalog - you're bound to find something of interest. You can also follow us on WhatsApp for exclusive material released ahead of the podcast.
Former Montana defensive coordinator Kraig Paulson joins the ESPN Roundtable to talk about Kroy Biermann, who's entering the Montana Pro Football Hall of Fame this year. Plus: more reaction to Utah Tech and Southern Utah joining the Big Sky, and Andrew Houghton breaks down why former Eastern Washington Eagle Cedric Coward is likely a first-round NBA Draft pick.
Colter Nuanez and Andrew Houghton react to the bombshell of the day - Utah Tech and Southern Utah joining the Big Sky Conference.
Colter Nuanez and Andrew Houghton drill down on some more Big Sky football questions, like how Montana State will replace Tommy Mellott and whether Idaho will take a big step back after Jason Eck leaves. Plus: Colter looks at the latest recruiting news for the Griz and the 'Cats.
Colter Nuanez and Andrew Houghton open up a summer-long look at the biggest questions around Big Sky football by dissecting whether Montana's transfer-heavy approach will make the Griz a contender or a pretender. Plus: this week's Treasure State Stars.
Northwest Montana is packed with summer celebrations, and this episode of News Now has your ultimate July events roundup! From the 46th annual Whitefish Arts Festival to the first-ever stadium concert at Glacier Bank Park featuring Tyler Rich, and of course, the return of Under the Big Sky Festival with headliners like Wynonna Judd, Tyler Childers, and Mumford & Sons — this is the month to mark your calendars.We've also got your guide to Fourth of July parades, concerts at Home Ranch Bottoms and Sliter's Park, family fun in Polson and Ronan, the Arlee Celebration, and so much more. Whether you're in the mood for art, music, rodeo, or fireworks — we've got your plans covered.Learn more about our featured events for this week's episode:Whitefish Arts Festival on July 4-6 - https://www.whitefishartsfestival.org/Tyler Rich at Glacier Bank Park on July 11th - https://www.glacierbankpark.com/event...Outriders Present Under the Big Sky on July 18-20 - A big thank you to our headline sponsor for the News Now podcast, Loren's Auto Repair! They combine skill with integrity resulting in auto service & repair of the highest caliber. Discover them in Ashley Square Mall at 1309 Hwy 2 West in Kalispell Montana, or learn more at lorensauto.com. In Season 3 of Daily Inter Lake's Deep Dive podcast, we explore the devastating fire that struck the small town of Noxon, Montana. By the end of the day on February 27, 2024, three-quarters of the town's business community were wiped out. Listen to the two-part story on any audio platform you prefer, or watch the series on our YouTube channel.Visit DailyInterLake.com to stay up-to-date with the latest breaking news from the Flathead Valley and beyond. Support local journalism and please consider subscribing to us. Watch this podcast and more on our YouTube Channel. And follow us on Facebook, Instagram and X. Got a news tip, want to place an ad, or sponsor this podcast? Contact us! Subscribe to all our other DIL pods! Keep up with northwest Montana sports on Keeping Score, dig into stories with Deep Dive, and jam out to local musicians with Press Play.
In this episode, William Green chats with investing legend Bill Nygren, who oversees about $25 billion at Harris Associates. Bill is the firm's Chief Investment Officer for US Equities & co-manages two flagship mutual funds: Oakmark Select & Oakmark Fund. Here, he discusses the processes, principles, habits & mindset that have enabled him to beat the market over three decades. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 05:32 - How Bill Nygren became a contrarian bargain hunter. 18:05 - Why sports gambling companies often refuse to take his bets. 47:56 - What three qualities he seeks in any company. 01:00:05 - How he scored big on Amazon, Google, Apple & Netflix. 01:11:11 - Why he never relaxes his disciplined focus on valuation. 01:16:04 - What he learned from hedge fund star Michael Steinhardt. 01:24:47 - How Bill's team performs “Devil's Advocate Reviews” for each stock. 01:33:55 - Why he developed his “Mistake Management Protocol.” 01:46:51 - How to succeed without ruining your health or your family. 01:46:51 - Why he discourages people from entering the investing business. 01:50:46 - What you must sacrifice to achieve greatness. 01:59:08 - How to succeed by aligning yourself with top-decile people. 02:07:13 - Why value investing isn't dead. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Bill Nygren's investment firm, Harris Associates. Bill Nygren's funds, Oakmark Select & Oakmark Fund. William Green's book, “The Great Minds of Investing.” William Green's podcast interview with Christopher Begg. William Green's podcast interview with Ray Dalio. William Green's book, “Richer, Wiser, Happier” – read the reviews of this book. Follow William Green on X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Human Rights Foundation Vanta Indeed Fundrise Onramp Netsuite reMarkable Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
RATE BUSH! What are your most favorite and least-loved songs on Kate Bush's Hounds of Love? Three months before strange things catapulted Miss Bush into a new generation's consciousness, Sam had us sit down to dissect an album that most purists wouldn't dare break into separate parts. While Adam went overboard (groan) researching the second side's epic Ninth Wave song story, newbies Dan and Jim obliviously took it in like men with children in their eyes...or something. Guest rankers include keyboard guru and Abbey Road expert Brian Kehew (Moog Cookbook, The Who, Prince and more) and San Diego Music Award winner Marie Haddad from the world's greatest coverband, Baby Bushka. Hear it at WeWillRankYouPod.com, Apple, Spotify and your running shoe outlet. ***This episode was recorded in February of 2022, a few months before Stranger Things made Kate Bush a hero to a whole new generation and eight months before we finally edited and released it. Three years later, we received notice that we had to remove music from a dozen episodes of ours. Because we're a music podcast, we're allowed to play clips under music criticism laws so they let us keep the episodes intact. We recently noticed that this episode had disappeared though. Can't get a straight answer about why this one wasn't spared so we're re-uploading it without Kate's music. If you want to hear it in all of its original unedited glory, drop us a note on social media and we'll send it to you. We're not making a dime on this, unless you Venmo us (ahem) at WeWillRankYouPod. In fact, we buy every single song you hear on the show. We love you, Kate. It's still a fun listen without the tunes. Enjoy.And Dream of Sheep Under Ice, art pop, art rock, Baby Bushka, The Big Sky, Kate Bush, Cloudbusting, Fairlight CMI, the Futureheads, Peter Gabriel, Marie Haddad, Hello Earth, Hounds of Love, Jig of Life, Brian Kehew, The Morning Fog, Mother Stands for Comfort, The Ninth Wave, Outkast, progressive pop, progressive rock, Running Up That Hill (A Deal with God), Donald Sutherland, Waking the Witch, Watching You Without Me, 1985.US: http://www.WeWillRankYouPod.comHost tips: Venmo @wewillrankyoupodwewillrankyoupod@gmail.comhttp://www.facebook.com/WeWillRankYouPodhttp://www.instagram.com/WeWillRankYouPod
On today's episode, Clay is joined by Joseph Shaposhnik to discuss the launch of his new ETF, Rainwater Equity. The Rainwater Equity ETF just launched on June 18th, 2025, under the ticker RW, and its objective is to compound capital at an above-average rate by investing in publicly listed recurring revenue businesses. The fund Joseph managed at his previous firm compounded at 16.7% since 2015, versus the S&P 500's 13.1% over that same time period. It was also the top-performing fund out of 343 in its US Large Cap Core Equity category by Nasdaq eVestment. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:39 - Joseph's lessons from spending a day with Peter Lynch. 12:09 - Why the active management industry is broken and how Joseph has set out to fix it. 22:12 - Why Bill Miller invested in Joseph's new ETF. 28:25 - Why recurring revenue is the ultimate business model. 40:11 - Whether any of the Magnificent 7 companies fit into Joseph's recurring revenue framework. 46:35 - The role that valuation plays in Joseph's quality investing framework. 55:30 - Joseph's top stock pick to hold for the next 20 years. 01:03:00 - Why Joseph is attracted to the aerospace aftermarket industry. 01:08:09 - Why Joseph chose the ETF structure over the mutual fund. 01:10:53 - How Joseph determined the appropriate position sizing for his fund. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Related Episode: TIP622: Finding Certainty in an Uncertain World w/ Joseph Shaposhnik. Related Episode: TIP522: Unconventional Wisdom from the Greatest Minds in Investing w/ Joseph Shaposhnik. Follow Joseph on LinkedIn & X. Follow Clay on LinkedIn & X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Human Rights Foundation Vanta Indeed Fundrise Onramp Netsuite reMarkable Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Join Jordan, Commish, Pitt Girl and Big Sky Brigit. We talk College World Series, Gage Wood's no hitter, BIRDS WITH TEETH VS BIRDS WITH TEETH, Joey Chestnut back!, MULCH FRAUD, Sac State leaving the Big Sky, Ron Rivera is now Cal's GM, Playoff format disputes, Bret Bielema's comments, College Tennis in danger?, Happy National Mascot Day, Kangaroos, Mascot Hall of Fame inductees and MASCOT SNUBS, then an Alaska Pronunciation and Population game and much, much more!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Host Bob St.Pierre is joined by The Nature Conservancy's Kelsey Molloy, Wyoming Migration Initiative's Andrew Jakes, Pheasants Forever's Casey Sill and PF's Montana State Coordinator Hunter VanDonsel for a discussion regarding the Montana Grassland Initiative. The dialogue spans the objectives for the initiative, emphasizing its advantages for Montana's diverse wildlife species as well as the farming and ranching community. Episode Highlights: • VanDonsel kicks off the conversation with a poignant narrative about walking across a Montana grassland while carrying his newborn daughter against his chest. This experience inspired VanDonsel to conceive the Montana Grassland Initiative and solidify his career aspirations. • Molloy and Jakes explain the significance of Montana's sagebrush habitat for sage grouse and pronghorn, particularly during their migration periods. • Jakes further discusses the distinct nature of pronghorns in North America, noting that their closest relative is Africa's giraffe. “On the Wing Podcast” is proudly fueled by Purina Pro Plan.
Join our community of RE investors on Skool: https://www.skool.com/the-real-estate-investing-club-5101/about?ref=44459ba83f5540f19109c8a530db4023SHORT-TERM RENTAL EMPIRE BUILDING SECRETS
On today's show, Stig Brodersen talks with co-host William Green, the author of “Richer, Wiser, Happier.” In their quest for meaningful relationships and being the best version of themselves, they discuss what has made them Richer, Wiser, or Happier in the past quarter. You're invited to join them on their journey. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 00:07:45 - Why you will waste years if you can't waste hours 00:08:04 - The power of (not) structuring your day 00:13:53 - What you can clone from an optimal life design 00:59:46 - What William and Stig have read the last quarter that made them Richer, Wiser, and Happier 01:01:55 - How to have work-play integration rather than a work-life balance 01:03:55 - Why what is important starts and ends with quality 01:22:13 - Why the best things in life come from compounding Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. William Green's book Richer, Wiser, Happier – Read reviews of this book. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2025. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q4 2024 Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2024. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q1 2024. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q3 2023. Stig Brodersen and William Green's episode on being Richer, Wiser, and Happier, Q2 2023. Simon Singh's book, Fermat's Last Theorem – Read reviews of this book. David Hawkins' book, Letting Go – Read reviews of this book. Pico Iyer's book, Aflame – Read reviews of this book. Tara Springett's book, The Stairway to Heaven – Read reviews of this book. Robert Caro's book, Working - Read reviews of this book. Robert Gottlieb's documentary, Turn Every Page. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: • SimpleMining • Hardblock • AnchorWatch • Unchained • Vanta • Human Rights Foundation • Fundrise • reMarkable • Onramp • Netsuite • Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
In this episode, Clay explores the core ideas behind Capital Returns by Edward Chancellor and Marathon Asset Management. Based on decades of investing experience, the book uncovers the capital cycle framework, which reveals how capital flows, supply dynamics, and managerial incentives drive long-term investment outcomes. Whether you're a value investor, a portfolio manager, or simply curious about market cycles, this episode offers guidance for understanding the boom and bust nature of cyclical industries. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:31 - How the capital cycle explains boom and bust industry dynamics. 07:03 - Why tracking supply is often more useful than forecasting demand. 16:20 - How capital discipline separates great managers from average ones. 05:07 - Why excess investment leads to lower future returns. 30:38 - Why cyclical industries can offer high-return opportunities. 41:50 - How incentives and ownership structures impact corporate decision-making. 49:10 - How low interest rates distort creative destruction and capital efficiency. 53:25 - Why mean reversion remains a powerful force in markets. 58:35 - How to spot red flags near capital cycle peaks. 01:03:55 - Why flexible thinking is essential for long-term investing success. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Edward Chancellor's book: Capital Returns. Gautam Baid's book: The Joys Of Compounding. Related Episode: TIP505: The Price of Time w/ Edward Chancellor. Mentioned Episode: TIP727: 7 Powers by Hamilton Helmer. Follow Clay on LinkedIn & X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Vanta Human Rights Foundation Fundrise reMarkable Onramp Netsuite Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Michele Lockwood is an artist, writer, photographer, clothing designer, mother, activist, and environmental scientist. She grew up in the boroughs of New York City and started sneaking out to hip-hop gigs, house music clubs, and punk shows while in high school. She hung out at the Brooklyn Banks in the late 1980s, and played the character “Kim” in Larry Clark's 1995 film Kids. The X-girl logo, designed by Mike Mills, was based on her face, which led her to becoming a clothing designer in Tokyo with her own brand, called Material. Lockwood has lived in Australia for the last 20-odd years with her partner, Andrew Kidman, on a rural property in the hills between Byron Bay and the Gold Coast. Recently, Lockwood has started working for a not-for-profit Indigenous organization that helps to build more resilient communities and ecosystems. In her spare time, she studies and publishes papers on a local endangered frog species. In this episode of Soundings, Lockwood sits down with Jamie Brisick at the Big Sky compound to talk about her teenage years, creativity, fashion, surfing in California, Kids, music, the artistic process, moving to Australia, and the study of frogs.
In today's episode, Stig Brodersen is talking stocks with Tobias Carlisle and Hari Ramachandra. Stig's pick is Microsoft, the world's biggest market cap company for good reason. Tobias is pitching Devon Energy, an oil and gas producer with a big upside if you're right about the timing. Hari's stocks of choice are Adyen and Block, two fast-growing companies with stronger moats that meet the eye. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:51 - Why Hari is bullish on Block and Adyen (Ticker on NYSE: XYZ and on Euronext: ADYEN). 12:48 - The bear case for Block and Adyen, including valuation and disruption. 24:22 - Stig's bull case is for Microsoft (Ticker on NASDAQ: MSFT). 44:55 - The bear case for Microsoft, including the rich valuation. 56:56 - Why Toby is bullish on Devon Energy (Ticker on NYSE: DVN). 01:05:31 - The bear case of Devon Energy, including the debt level and share issuance. 01:27:06 - What the TIP Mastermind Community is and how we're forming meaningful relationships. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Stig Brodersen's Portfolio and Track record. Listen to Mastermind Discussion Q1, 2025 or watch the video. Listen to Mastermind Discussion Q4, 2024 or watch the video. Listen to Mastermind Discussion Q3, 2024 or watch the video. Listen to Mastermind Discussion Q2, 2024 or watch the video. Tune in to the Mastermind Discussion Q1, 2024 or watch the video. Listen to Mastermind Discussion Q4, 2023 or watch the video. Tune in to the Mastermind Discussion Q3, 2023 or watch the video. Listen to Mastermind Discussion Q2, 2023 or watch the video. Bill Gates' autobiography, Source Code – read reviews of this book. Stig and Preston book review of Paul Allen's book, Idea Man. Tobias Carlisle's podcast, The Acquirers Podcast. Tobias Carlisle's ETF, ZIG. Tobias Carlisle's ETF, Deep. Tobias Carlisle's book, The Acquirer's Multiple – read reviews of this book. Tobias Carlisle's Acquirer's Multiple stock screener: AcquirersMultiple.com Tweet directly to Tobias Carlisle: @Greenbackd. Tweet directly to Hari Ramachandra: @harirama. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Human Rights Foundation Onramp Fundrise Vanta Netsuite Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
The Storm Skiing Journal and Podcast explores the world of lift-served skiing year-round. Join us.WhoPete Sonntag, Chief Operating Officer and General Manager of Sun Valley, IdahoRecorded onApril 9, 2025About Sun ValleyClick here for a mountain stats overviewOwned by: The R. Earl Holding family, which also owns Snowbasin, UtahPass affiliations:* Ikon Pass – 7 days, no blackouts; no access on Ikon Base or Session passes; days shared between Bald and Dollar mountains* Mountain Collective – 2 days, no blackouts; days shared between Bald and Dollar mountainsReciprocal pass partners: Challenger Platinum and Challenger season passes include unlimited access to Snowbasin, UtahLocated in: Ketchum, IdahoClosest neighboring ski areas: Rotarun (:47), Soldier Mountain (1:10)Base elevation | summit elevation | vertical drop:Bald Mountain: 5,750 feet | 9,150 feet | 3,400 feetDollar Mountain: 6,010 feet | 6,638 feet | 628 feetSkiable Acres: 2,533 acres (Bald Mountain) | 296 acres (Dollar Mountain)Average annual snowfall: 200 inchesTrail count: 122 (100 on Bald Mountain; 22 on Dollar) – 2% double-black, 20% black, 42% intermediate, 36% beginnerLift fleet:Bald Mountain: 12 lifts (8-passenger gondola, 2 six-packs, 6 high-speed quads, 2 triples, 1 carpet - view Lift Blog's of inventory of Bald Mountain's lift fleet)Dollar Mountain: 5 lifts (2 high-speed quads, 1 triple, 1 double, 1 carpet - view Lift Blog's of inventory of Dollar Mountain's lift fleet)Why I interviewed him (again)Didn't we just do this? Sun Valley, the Big Groom, the Monster at the End of The Road (or at least way off the interstate)? Didn't you make All The Points? Pretty and remote and excellent. Why are we back here already when there are so many mountains left to slot onto the podcast? Fair questions, easy answer: because American lift-served skiing is in the midst of a financial and structural renaissance driven by the advent of the multimountain ski pass. A network of megamountains that 15 years ago had been growing creaky and cranky under aging lift networks has, in the past five years, flung new machines up the mountain with the slaphappy glee of a minor league hockey mascot wielding a T-shirt cannon. And this investment, while widespread, has been disproportionately concentrated on a handful of resorts aiming to headline the next generation of self-important holiday Instagram posts: Deer Valley, Big Sky, Steamboat, Snowbasin, and Sun Valley (among others). It's going to be worth checking in on these places every few years as they rapidly evolve into different versions of themselves.And Sun Valley is changing fast. When I hosted Sonntag on the podcast in 2022, Sun Valley had just left Epic for Ikon/Mountain Collective and announced its massive Broadway-Flying Squirrel installation, a combined 14,982 linear feet of high-speed machinery that included a replacement of North America's tallest chairlift. A new Seattle Ridge sixer followed, and the World Cup spectacle followed that. Meanwhile, Sun Valley had settled into its new pass coalitions and teased more megalifts and improvements to the village. Last December, the resort's longtime owner, Carol Holding, passed away at age 95. Whatever the ramifications of all that will be, the trajectory and fate of Sun Valley over the next decade is going to set (as much or more than it traces), the arc of the remaining large independents in our consolidating ski world.What we talked aboutThe passing and legacy of longtime owner Carol Holding and her late husband Earl – “she was involved with the business right up until the very end”; how the Holdings modernized the Sun Valley ski areas; long-term prospects for Sun Valley and Snowbasin independence following Mrs. Holding's passing; bringing World Cup Downhill races back to Sun Valley; what it took to prep Bald Mountain for the events; the risks of hosting a World Cup; finish line vibes; the potential for a World Cup return and when and how that could happen; the impact of the Challenger and Flying Squirrel lift upgrades; potential upgrades for the Frenchman's, River Run, Lookout Express, and Christmas lifts; yes Sun Valley has glades; the impact of the Seattle Ridge chairlift upgrade; why actual lift capacity for Sun Valley's legacy high-speed quads doesn't match spec; explaining Sun Valley's infrastructure upgrade surge; why Mayday and Lookout will likely remain fixed-grip machines; the charm of Dollar Mountain; considering Dollar lift upgrades; what happened to the Silver Dollar carpet; why Sun Valley is likely sticking with Ikon and Mountain Collective long-term after trying both those coalitions and Epic; whether Sun Valley could join Ikon Base now that Alterra ditched Ikon Base Plus; RFID coming at last; whether we could still see a gondola connection between Sun Valley Village and Dollar and Bald mountains; and why Sun Valley isn't focused on slopeside development at Bald Mountain.Why now was a good time for this interviewSince I more or less covered interview timing above, let me instead pull out a bit about Sun Valley's megapass participation that ended up being timely by accident. We recorded this conversation in April, well before Vail Resorts named Rob Katz its CEO for a second time, likely resetting what had become a lopsided (in Alterra's favor) Epic-versus-Ikon battle. Here's what Sonntag had to say on the pod in 2022, when Sun Valley had just wrapped its three-year Epic Pass run and was preparing for its first season on Ikon:… our three-year run with Epic was really, really good. And it brought guests to Sun Valley who have never been here before. I mean, I think we really proved out the value of these multi-resort passes and these partner passes. People aspire to go other places, and when their pass allows them to do that, that sometimes is the impetus. That's all they need to make that decision to do it. So as successful as that was, we looked at Ikon and thought, well, here's an opportunity to introduce ourselves to a whole new group of guests. And why would we not take advantage of that? We're hoping to convert, obviously, a few of these folks to be Sun Valley regulars. And so now we have the opportunity to do that again with Ikon.When I asked Sonntag during that conversation whether he would consider returning to Epic at some point, he said that “I'm focused on doing a great job of being a great partner with Ikon right now,” and that, “I'm not ready to go there yet.”With three winters of Ikon and Mountain Collective membership stacked, Sonntag spoke definitively this time (emphasis mine):We are very very happy with how everything has gone. We feel like we have great partners with both Ikon, which is, you know, partnering with a company, but they're partners in every sense of the word in terms of how they approach the partnership, and we feel like we have a voice. We have access to data. We can really do right by our customers and our business at the same time.Should we read that as an Epic diss on Broomfield? Perhaps, though saying you like pizza doesn't also mean you don't like tacos. But Sonntag was unambiguous when I asked whether Sun Valley was #TeamIkon long-term: “I would see us staying the course,” he said.For those inclined to further read into this, Sonntag arrived at Sun Valley after a long career at Vail Resorts, which included several years as president/COO-equivalent of Heavenly and Whistler. And while Sun Valley is part of a larger company that also includes Snowbasin, meaning Sonntag is not the sole decision-maker, it is interesting that an executive who spent so much of his career with a first-hand look inside the Epic Pass would now lead a mountain that stands firmly with the opposition.What I got wrongI mischaracterized the comments Sonntag had made on Epic and Ikon when we spoke in 2022, making it sound as though he had suggested that Sun Valley would try both passes and then decide between them. But it was me who asked him whether he would decide between the two after an Ikon trial, and he had declined to answer the question, saying, as noted above, that he wasn't “ready to go there yet.”Why you should ski Sun ValleyIf I was smarter I'd make some sort of heatmap showing where skier visits are clustered across America. Unfortunately I'm dumb, and even more unfortunately, ski areas began treating skier visit numbers with the secrecy of nuclear launch codes about a decade ago, so an accurate map would be difficult to draw up even if I knew how.However, I can offer a limited historical view into the crowding advantages that Sun Valley offers in comparison to its easier-to-access peer resorts. Check out Sun Valley's average annual skier visits from 2005 to 2011, compared to similarly sized Breckenridge and Keystone, and smaller Beaver Creek:Here's how those four ski areas compare in size and average skier visits per acre:Of course, 2011 was a long time ago and multi-mountain passes have dramatically reworked visitation patterns. Breck, Keystone, and Beaver Creek, all owned by Vail during the above timeframe, joined Epic Pass in 2008, while Sun Valley would stand on its own until landing on Mountain Collective in 2015, then Epic in 2019, then back to MC and Ikon in 2022. Airline service to Sun Valley has improved greatly in the past 15 years, which could also have ramped up the resort's skier visits.Still, anecdote and experience suggest that these general visitation ratios remain similar to the present day. Beaver Creek remains a bit of a hidey-hole by Colorado standards, but Breck and Keystone, planted right off America's busiest ski corridor in America's busiest ski state, are among the most obvious GPS inputs for the Epic Pass masses. No one has to try that hard to get to Summit County. To get to Sun Valley, you still have to work (and spend), a bit more.So that's the pitch, I guess, in addition to all the established Sun Valley bullet points: excellent grooming and outrageous views and an efficient and fast lift network. By staying off the Ikon Base Pass, not to mention Interstates 70 and 80, Sun Valley has managed to achieve oxymoron status: the big, modern U.S. ski resort that feels mostly empty most of the time. It's this and Taos and Telluride and a few others tossed into the far corners of the Rockies, places that at once feel of the moment and stand slightly outside of time.Podcast NotesOn Sun Valley/Pete 1.0Sonntag first joined me on the pod back in 2022:On Carol HoldingLongtime Sun Valley owner Carol Holding passed away on Dec. 23, 2024. Boise Dev recalled a bit of the family legacy around Sun Valley:“One day, I spotted Earl and Carol dining on the patio and asked him again,” Webb told Bossick. “And Carol turned to him and said, ‘Earl, you've been saying you're going to do that for years. If you don't build a new lodge, I'm going to divorce you.' That's what she said!”The lodge opened in 2004, dubbed Carol's Dollar Mountain Lodge.In a 2000 interview with the Salt Lake Tribune, Carol made it clear that she was as much a part of the business as Earl, whose name caught most of the headlines.“I either became part of his business or lived alone,” she said.The pair often bought distressed or undervalued assets and invested to upgrade them. She told the Tribune that paying attention to the dollars in those early years made a big difference.“I still have the first dollar bill that anyone gave me as a tip,” she said.Once they bought Sun Valley, Robert and Carol wasted no time.Wally Huffman, the resort's GM, got a call to the area above the Ram Restaurant. Someone was stuffing mattresses out the window, and they were landing with a thud on the kitchen loading dock below. Huffman called Janss – the person who had owned the resort – and asked what to do.“I think you should do whatever Mr. Holding tells you to do.”Robert and Carol had purchased the property, and upgrades were well underway. They didn't know how to ski. But they did know hospitality.“Why would anyone who didn't know how to ski buy a ski resort? That wasn't why we bought it—to come here to ski,” Carol said. “We bought it to run as a business.”Earl Holding's 2013 New York Times obituary included background on the couple's purchase of Sun Valley:A year later, Carol Holding, who was her husband's frequent business partner, showed him a newspaper article about the potential sale of Sun Valley. He bought the resort, which had fallen into disrepair since its glory years as a getaway for Ernest Hemingway and others, after he and his wife spent a day there skiing. They had never skied before.Davy Ratchford, President of sister resort Snowbasin, told a great story about Carol Holding on the podcast back in 2023 [31:20]:Mrs. Holding is an amazing woman and is sharp. She knows everything that's going on at the resorts. She used to work here, right? She'd flip burgers and she'd sell things from the retail store. I mean she's an original, right? Like she is absolutely amazing and she knows everything about it. And I was hired and I remember being in our lodge and I had all the employees there and she was introducing me, and it was an amazing experience. I remember I was kneeling down next to her chair and I said, “You know, Mrs. Holding, thank you for the opportunity.” And she grabs both your hands and she holds them in tight to her, and that's how she talks to you. It's this amazing moment. And I said, “I just want to make sure I'm doing exactly what you want me to do for you and Earl's legacy of Snowbasin.” I know how much they love it, right? Since 1984. And I said, “Can I just ask your advice?” And this is exactly what she said to me, word for word, she said, “Be nice and hire nice people.” And every employee orientation since then, I've said that: “Our job is to be nice and to hire nice people.”Listen to the rest here:On Sun Valley's evolutionWhen the Holdings showed up in 1977, Sun Valley, like most contemporary ski areas, was a massive tangle of double and triple chairs:The resort upgraded rapidly, installing seven high-speed quads between 1988 and 1994: Unfortunately, the ski area chose Yan, whose bungling founder's shortcuts transformed the machines into deathtraps, as its detachable partner. The ski area heavily retrofit all seven machines in partnership with Doppelmayr in 1995. Sun Valley has so far replaced three of the seven Yans: the Seattle Ridge sixer replaced the detach quad of the same name last year and the Broadway sixer and Flying Squirrel quad replaced the Broadway and Greyhawk quads in 2023, on a new alignment:Sonntag outlines which of the remaining four Yan-Doppelmayr hybrids will be next on the pod.I've summarized the Yan drama several times, most recently in the article accompanying my podcast conversation with Mammoth COO Eric Clark earlier this year:On World Cup resultsWhile we talk in general about the motivation behind hosting the World Cup, what it took to prep the mountain, and the energy of the event itself, we don't get a lot into the specifics of the events themselves. Here are all the official stats. Videos here.On gladesYes, Sun Valley has glades (video by #GoProBro, which is me):On Ikon Pass' evolutionI feel as though I publish this chart every other article, but here it is. If you're reading this in the future, click through for the most current:On the Sun Valley Village masterplanWe discuss an old Sun Valley masterplan that included a gondola connection from the village to Dollar and then Bald mountains:The new village plan, which is a separate document, rather than an update of the image above, doesn't mention it:Why? We discuss.The Storm Skiing Journal and Podcast is a reader-supported publication. Please support independent ski journalism, or we'll all be reading about bros backflipping over moving trains for the rest of our lives. Get full access to The Storm Skiing Journal and Podcast at www.stormskiing.com/subscribe
In this episode, Clay explores Hamilton Helmer's 7 Powers framework, breaking down each of the seven sources of enduring competitive advantage. While companies all over the world offer benefits and value to society at large, few have barriers in place that prevent competitors from easily replicating those advantages. Whether you're an investor or business operator, this episode is an essential listen to understand the critical ingredients for long-term success in business. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:34 - What it means for a company to have Power. 07:04 - The power of scale economies. 12:12 - Why network effects are one of the best competitive advantages a business can have. 18:05 - Why counter-positioning is Hamilton Helmer's favorite Power. 30:19 - The types of switching costs that can keep customers locked in for years. 38:24 - Why customers are willing to consistently pay up for a great brand name. 51:24 - How companies can capture a cornered resource that even well-funded competitors are unable to replicate. 56:46 - Why process power is the rarest of the all the powers. 01:03:00 - A case study on Netflix and how they built multiple Powers outlined in the book. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Hamilton Helmer's book: 7 Powers. Mentioned Episode: TIP600: Business Durability and Strategy Masterclass w/ Hamilton Helmer. Follow Clay on LinkedIn & X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch Unchained Human Rights Foundation Onramp Fundrise Vanta Netsuite Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
On today's episode, Kyle Grieve chats with Jon Cukierwar about his unique global investing approach focused on undiscovered companies. They delve into Jon's high-conviction strategy, his in-depth on-the-ground research process, and how he uncovers overlooked opportunities by combining valuation, quality, and growth. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 03:02 - Lessons Jon learned working for legend Bob Robotti 07:19 - Why Jon favours high-quality, growing businesses 17:26 - How Jon counters bias when meeting charismatic CEOs 25:50 - Why local investor networks unlock global insights 36:23 - Why Jon prioritizes owners' earnings over net income 37:41 - The three essential traits Jon demands in investment and what makes an investment a “no-brainer” for Jon 39:47 - Why holding winners is harder than it seems 53:57 - Why Jon leans toward “boring” low-tech businesses 1:00:30 - What traits Jon values most in company leadership Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Read Jon's shareholder letters here. Read Jon's research here. Follow Kyle on Twitter and LinkedIn. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: • SimpleMining • Hardblock • AnchorWatch • DeleteMe • Fundrise • Vanta • The Bitcoin Way • Unchained • CFI Education • Onramp • Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
On today's episode, Clay is joined by Tim Koller to discuss all things valuation. Tim is the lead author of Valuation: Measuring and Managing the Value of Companies which is the #1 best-selling guide to business valuation. This book—now in its eighth edition—has sold more than one million copies, and is used as a textbook at top business schools such as Wharton School, University of Chicago, MIT, INSEAD, Tuck School of Business, and Northwestern University. As a Partner at McKinsey & Company, Tim combines broad cross-sector experience with decades of service to clients in value creation, corporate strategy, capital-markets issues, and M&A transactions. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 01:45 - How companies create shareholder value. 05:13 - The common misconceptions related to creating shareholder value. 13:54 - How managers should think about return on invested capital. 28:08 - Why it's so common for managers to not take a long-term approach. 33:16 - How return on invested capital impacts a company's valuation. 46:30 - How Tim thinks about the vast differences in returns we've seen in the US relative to Europe. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more here. Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Tim's book: Valuation. McKinsey's website. McKinsey's insights: McKinsey on Finance. Related Episode: TIP577: Valuation Masterclass w/ Aswath Damodaran. Follow Tim on LinkedIn. Follow Clay on LinkedIn & X. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: SimpleMining Hardblock AnchorWatch DeleteMe Fundrise Vanta The Bitcoin Way Unchained CFI Education Onramp Shopify HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://premium.theinvestorspodcast.com/ Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm