Podcasts about Buffett

As 2025 wraps, we break down the year's top market drivers. Biotech deals dominated the sector, will the M&A momentum continue in 2026? Plus, it's the end of an era for Berkshire Hathaway as Warren Buffett steps down. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Het was me het jaartje wel op de beurs. DeepSeek, handelsoorlog, herstel van de handelsoorlog... Beurzen beleefden een volatiel jaar, maar bleven toch overeind staan. Deze aflevering maken we de balans voor je op. En we kijken wat er komend jaar in het vat zit.

https://shorturl.at/6OLgCBook Your Seat for Mutual Funds Masterclass - Online Workshop by Parimal Ade & Gaurav Jainhttps://shorturl.at/gM97lHow to Use Artificial Intelligence for Investing - Combo of 5 ebooksArticle Source: https://mumbaimirror.indiatimes.com/opinion/mutual-funds-arent-always-sahi/articleshow/126217323.htmlIn today's Daily Stock Market News (Dec 31, 2025), we cover the most important developments shaping Indian and global markets.

"Play That Rock n' Roll" proudly presents the fifth part of a special mini-series that details the incredible life and career of songwriter Jimmy Buffett. We are joined by my friend Chris to explore Buffett's full studio catalog, track by track. In this episode, we cover the three albums he released during this stretch, in addition to a live album and a Christmas record. We also cover a couple of near-catastrophic experiences Jimmy survived, as well as an unfortunate photo of him that recently surfaced as a result of a US government documents dump. Our Links: https://linktr.ee/playthatpodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Conhecida pela imprensa do século XIX como a “Bruxa de Wall Street”, Hetty Green foi uma das investidoras mais bem-sucedidas da história, e também uma das mais incompreendidas.Neste episódio bônus do Stock Pickers, Lucas Collazo conta a história da mulher que atravessou algumas das maiores crises financeiras dos Estados Unidos e saiu de todas mais rica. Sem bancos, sem fundos e sem alavancagem, Hetty construiu um império baseado em liquidez, disciplina e paciência.O episódio mostra como Hetty Green operava como um verdadeiro “banco privado” em tempos de colapso financeiro, antecipando funções que só seriam institucionalizadas anos depois com a criação do Federal Reserve.Um episódio sobre crises, liquidez, value investing e o poder de quem sabe esperar.

I denne bonusepisoden får du høre et av foredragene holdt av Buffett-disiplene Roger Berntsen og Adrian Strand under AksjeNorge sine events. Denne samtalen ble holdt i Oslo 24. november 2024. Nedenfor kan du lese sitatene som blir trukket fram."You must force yourself to consider opposing arguments. Especially when they challenge your best-loved ideas."Charlie Munger (02:25)"Risk comes from not knowing what you're doing."Warren Buffett (05:09)"Spend each day trying to be a little wiser than you were when you woke up."Charlie Munger (07:42)"Don't confuse the cost of living with the standard of living."Warren Buffett (10:13)"Somebody once said that in looking for people to hire, you look for three qualities: integrity, intelligence, and energy. And if you don't have the first, the other two will kill you."Warren Buffett (11:48)"Tell me who your heroes are and I'll tell you who you'll turn out to be."Warren Buffett (14:40)"All I want to know is where I'm going to die so I'll never go there."Charlie Munger (15:30)"Nine women can't have a baby in one month."Charlie Munger (16:41)"Knowledge doesn't add — it compounds."Charlie Munger (17:34)"Each creature runs the race life gives it. The short must hurry; the long can endure. Wisdom is knowing which one you are."Roger Berntsen (18:21)Denne podcasten skal anses som markedsføringsmateriell, og innholdet må ikke oppfattes som en investeringsanbefaling. Podcasten er kun ment til informasjonsformål. Nordnet tar ikke ansvar for eventuelle tap som måtte oppstå ved bruk av informasjonen i denne podcasten. Les mer på Nordnet.no Hosted on Acast. See acast.com/privacy for more information.

After sixty years building Berkshire Hathaway into a trillion-dollar company, Warren Buffett used his final letter to reflect on life rather than markets. In this episode, Brandon unpacks four core lessons Buffett passed on: the power of consistency, designing your life intentionally, believing your best work may still be ahead, and redefining greatness beyond wealth or recognition.You'll learn why compounding applies to values as much as capital, how small daily choices shape legacy, and why lifelong learning beats early success. This episode serves as a reflective capstone for the season... a reminder that building something meaningful isn't about speed or scale, but about direction.

Chris Bloomstran examines the future of Berkshire Hathaway as legendary investor Warren Buffett prepares to retire. The discussion highlights the remarkable legacy of Buffett's sixty-year tenure, characterized by capital allocation expertise and high ethical standards, while expressing strong confidence in successor Greg Abel.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Calling all Parrotheads! Get ready to escape to your happy place!Join us this Friday at 5:00 PM ET for another sun-kissed edition of Buffett on the Radio on Radio A1A. Let the rhythm carry you straight to a tropical paradise—where the margaritas are frosty, the breezes are warm, and every song is a one-way ticket to pure island bliss.Got a case of the winter blues? As we say in Jersey… fuhgeddaboudit! We're shaking off the chill, spreading our wings like true snowbirds, and heading straight for the Sunshine State. So grab those flip-flops, dust off your favorite aloha shirt, and crank up the island attitude—we're going where the weather's warm and the worries melt away. Listen Live:RadioA1A.com — streaming 24/7 with the very best indie singer-songwriters in the trop-rock universe. Replay Anytime:Catch the show on your favorite podcast platforms—whenever the island vibe calls.Don't miss the sunshine, the stories, and the songs that keep the good times rolling.Radio A1A — Your Soundtrack for the Road to Paradise. Support this show http://supporter.acast.com/a1a-media-network. Hosted on Acast. See acast.com/privacy for more information.

As Warren Buffett aged, he became a different sort of figure. He transformed from short-term investor into long-term builder. He used Berkshire Hathaway to start buying companies and build an empire. Today on the show, how did Buffett's fame become an investment tool and hHow did he handle the biggest crisis of his career? Related episodes: Planet Money Summer School 2: Index Funds & The BetBrilliant vs. Boring For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

Li Lu zählt zu den eher unbekannten, aber herausragenden Value-Investoren unserer Zeit.Charlie Munger bezeichnete ihn einst als „einen der besten seiner Generation“. Ein Lob, das er nur selten vergab. Doch wer ist Li Lu wirklich?Vom Studierendenführer der Tiananmen-Proteste wurde er zum Gründer von Himalaya Capital Management, einem Investmenthaus, das nach den Prinzipien von Benjamin Graham und Warren Buffett agiert. Sein Fokus: langfristige, konzentrierte und qualitätsorientierte Investments in den USA und China. In diesem Podcast erfährst Du:1. wie Li Lu investiert und worauf er bei Unternehmen achtet2. welche Werte aktuell in seinem Depot die größte Rolle spielen3. warum Charlie Munger ihn so hoch einschätzte4. und was Privatanleger aus seinem Ansatz lernen können Wer Star-Investoren wie Buffett, Dorsey oder Munger kennt, sollte auch Li Lu kennen.Einen Investor, der still im Hintergrund wirkt, aber konsequent nach den Prinzipien des Value Investing handelt. Inhaltsverzeichnis00:00 Intro00:45 Wer ist Li Lu?02:02 Beziehungen zu Charly Manga02:32 Seine Bücher03:01 Investment-Prinzipien05:29 Depot Einblick06:37 Performance vs. S&P 50007:18 Börsen-Kompass Einblick

With an unprecedented decades-long run of success, Warren Buffett is retiring on December 31, 2025. Buffett's turning point began with the acquisition of a failing textile mill called Berkshire Hathaway. What began as a “terrible mistake” became the foundation for his empire. Today on the show, how did Buffett become this legendary figure? Related episodes: Planet Money Summer School 2: Index Funds & The BetBrilliant vs. Boring For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

I denne spesialen av Markedspuls har Roger med seg 16 år gamle Matheo, en ung Buffett-entusiast og venn av podcasten. I sin leksjon til ungdommen forklarer Roger her syv "Buffett-leksjoner" for unge investorer å ta med seg.Finansielle verdipapirer kan både øke og minke i verdi. Det er en risiko for at du ikke får tilbake pengene du har investert. Før du investerer i et fond bør du lese prospektet som er tilgjengelig hos fondsforvalter og nøkkelinformasjonen du finner på ordreleggingssiden og på fondets produktside på nordnet.no.

Niels and Cem reflect on a year marked by concentration, confidence, and growing structural fragility beneath calm markets. They examine extreme positioning, record low cash levels, and the quiet dominance of reflexive flows over fundamentals. Cem challenges common readings of volatility, explains where real fear hides in options markets, and outlines why tail exposure becomes critical late in cycles. The discussion broadens into portfolio construction, questioning the legacy of 60/40 investing and the illusion of diversification built during falling-rate decades. Grounded in history, market structure, and political cycles, this conversation offers a disciplined framework for navigating regimes where leverage, policy, and inequality quietly redefine risk.-----50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE-----Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.IT's TRUE ? – most CIO's read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.Learn more about the Trend Barometer here.Send your questions to info@toptradersunplugged.comAnd please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.Follow Cem on Twitter.Episode TimeStamps: 00:00 - Introduction to the Systematic Investor Series00:49 - Geopolitical tensions beneath the surface of markets02:07 - Extreme bullish sentiment and record low cash levels04:12 - Margin use, positioning, and why this setup is fragile06:07 - Why the VIX fails as a true fear indicator11:48 - Buffett's concentration and risk management through quality16:27 - Leverage, Sharpe ratios, and misunderstood diversification21:02 - Trend following performance and late year positioning23:48 - Positioning, reflexivity, and market microstructure28:25 - Volatility traps and convexity before stress events31:06...

We have Mike Monaghan on the show today and covering the “Birth of an ETF.” He’s going to talk about the Founders ETF and its new launch. We’re also going to talk a little bit about what it takes to get an ETF up and running. From a compliance perspective, remember, there’s no guarantee of future performance. https://youtu.be/o-m3PYHKXqk?si=qBaHkJpUt7xgdpjG Transcript of “The Birth of an ETF” 00:00 The Founders ETF Frazer Rice (00:00.986)Welcome back, Mike. Michael Monaghan (00:02.616)Frazer, it’s great to be back. Frazer Rice (00:04.4)You are at an interesting point in time right now. You’re about to start up Founders ETF and I think you’re about to get trading authorization to get going. Maybe tell us a little bit about the process to set up an ETF. Then we’ll dive into the strategy a little bit. Michael (00:21.25)Yeah, absolutely right. We should start trading on the SIBO Thursday, so two days from now. And we’ve launched our first fund, the Founders 100, that owns the 100 best founder-led companies. I’d be happy to go through some of the process that it takes to set up an ETF. Frazer Rice (00:40.014)Love it. ETFs are the main way to go now in terms of getting an inveestment cvhicle up and running. What has your experience been around? The Popularity of the ETF Structure Michael (00:52.014)Yeah, so ETFs have become the primary investment vehicle for a few reasons. Let’s outline those reasons. Then we can go through some of the steps that it takes to set up an ETF. So on the advantage side of an ETF, they’re typically a bit lower cost than traditional mutual fund products. Importantly, they’re tax advantaged. So there’s no gains or losses that occur during the normal ETF growth phase. Everything that happens within the ETF is done with what’s called an authorized participant. So you do exchanges. And so there’s no capital gains that are assigned to the investors. As long as they hold the ETF, a tax trigger only occurs when they actually sell the ETF. Finally, it’s a great way to get exposure to the market. So whether you want to own a broad market index, one of the legacy indexes, or a vehicle like ours. That gives you in one single trade, rather than having to guess who’s going to win. Is Nvidia going to win or Palantir who’s going to win? You can own a hundred of the best winners in the market in one single stock ticker. In our case, FFF. Frazer Rice (02:07.364)So let’s dive into that theme a little bit. As you said, it’s the top hundred founder led companies. First and foremost, public I assume, private, you’re not diving in those waters. Public vs Private Michael (02:20.59)Correct. So these are the hundred best publicly traded founder led stocks. And we generally fish from the 200 largest founder led publicly traded stocks. So a lot of these are names and founders that are very well recognized. Whether it’s Elon at Tesla or a Mark at Metta, Larry at Oracle, Rich Fairbanks at Capital One. These are all very well known founders. They’re great entrepreneurs who are leading highly scalable, very high performing publicly traded stocks. 02:53 Understanding Founder-Led Companies Frazer Rice (02:53.914)So let’s define founder a little bit. Obviously we have sort of the cult of personality around high-end CEOs. It sounds like you’re identifying companies that have been founded. The people who are running them not only founded them, but they scaled them. They have now gotten them to a level of maturity. That’s different from the typical public company that we find in the S &P 500. Definition of Founder Michael (03:19.104)Yeah. So first let’s define a founder. Then let’s talk about why we think the founder led companies outperform a traditional S&P company. We define the founder as being a chief executive leader. It could be chief executive officer, could be chief technology officer. Sometimes that say a scientific or medical company, would be the chief scientific or chief medical officer. And that person conceived and founded the company, took it from zero to one. It’s their imprint that has guided it over its 10 or 20 or 30 year period. That’s taken it from a small private company to a venture backed company to a large publicly traded company. And so the idea being the person that founded it continues to run it to this day. We talk about the fact that we own an Nvidia that Jensen still runs. But we don’t own Intel. We own Meta because Mark still runs it, but we don’t own Google. We own Dell computer because Michael Dell still runs it. But we don’t own Apple. We own Capital One because Rich Fairbank still runs it, but we don’t own American Express. Investment Process Frazer Rice (04:25.86)Got it. So lots of things to get into here. How does it a company get on your radar screen? And then ultimately, how does it get off of it? Michael (04:35.806)Great question. the getting on the screen is fairly mechanical. We look at the 200 largest by market capitalization founder led stocks. So we look at all U.S. listed. So it could be listed on the New York Stock Exchange or NASDAQ, but it has to be U.S. listed. We then look at the 200 largest. And from there, we select the 100 best using a quantitative factor model. So I’m have a Sanford Bernstein background and so do some of the folks here. And so for folks who are familiar with Bernstein’s research, we use a Bernstein factor model to pick the best, the hundred best names out of the 200 largest. That’s how they get on our radar. And to get off is quite simple if they retire. So if a CEO announces he’s retiring, per the prospectus, we have 90 days to sell the stock. once we, so for example, Mr. Buffett recently stepped down from Berkshire Hathaway. And so we sell Berkshire Hathaway on his announcement and no longer own the stock. Frazer Rice (05:38.0)things like corporate mergers or divestitures or maybe even a reclassification of stock where the founder stays on in some capacity but their decision making has been reduced. How do you analyze that? 05:54 The Investment Strategy Behind the ETF Michael (05:54.326)Yeah, so there is some human overlay judgment calls here and the founder has to be an executive officer leading the company. So they can’t just run a division. They can’t just be chairman of the board. They have to be the executive in charge of running the company. Frazer Rice (06:14.0)And if for, I guess one of the exits possibly would be if, and I don’t know if this is even possible, but if NVIDIA were to take over Meta and there isn’t room for Jensen and Mark in the same suite, how do you analyze something like that? Michael (06:34.253)So in the business combinations where you have two founder-led companies or a non-founder-led company swallowed up by a founder-led company, as long as an original founder remains, it remains in the portfolio. So we’ve had some stocks that had, say, three to four co-founders. And as long as one of those co-founder remains, it remains in the portfolio. Voting Shares Frazer Rice (06:58.352)So one of the things that’s a bee in my bonnet is the concept of having shares where, in a sense, they’re super majority or voting components and then shareholders that have less decision making authority to act as a check and balance around the company. Is that something you’re not really that worried about or is it something that may be a factor that’s important later on? Michael (07:24.525)So we actually think that’s one of the opportunities that this exists. Like one of the things that we haven’t talked about yet is why is all this alpha there? Why is this uncaptured alpha there for us to go get? And we think historically in the past, active money managers have sometimes shied away from these founder led companies because to your point, Frazier, oftentimes the founder has managed to have super voting control, 10 to one shares, 101 shares. So they completely control the company. And some of these larger active money management complexes have said, well, we as the shareholder, we need to be able to have a vote and we’re going to underown these stocks. We have the opposite view. We think these founders are special. So we think that by the time a Mark or a Elon has driven their company into the public markets, they’ve showed that they know how to set the vision, ruthlessly execute and generate value for the shareholders. Concerns? And so we’re not concerned by super voting structures. Oftentimes those are the stocks that we want to own because it’s the founder that’s in control and setting the direction of the business and generating high returns for the shareholders. We view it as you either believe in them and you own the stock or you don’t believe in them and sell the stock. We’re not interested in other people’s getting on the board and monkeying with the decisions of the founders. Frazer Rice (08:30.255)Is this it? What is it about the founders, especially for those that go from zero to one, then to scale, and then to shepherding a mature business? What makes them better and what drives the alpha that you’re trying to seek? In terms of putting together a portfolio of these types of companies? 09:01 The Importance of Founders in Business Michael (09:02.891)Yeah, so the great ones tend to be a bit irreverent. They tend to be highly visionary. They tend to be charismatic communicators and relentless in their execution ability. They’ve got a great ability to pivot if a change needs to be made. And rthe moral authority to set a tone to generate very high rates of return. We see it sort of over and over and over in these founder led companies. And if you look at some of the studies that we’ve done. There’s a study that Bain Capital, Bain had done years ago in combination with Harvard Business Review, founder led companies tend to outperform non-founder led companies in say the S &P 500 by 3X. So it’s this personality type of high vision and high execution tends to drive outsize returns. And it’s a bit of a self-selecting process. What makes Founders Unique? If you think about it by the time any of these founders that we own or talk about have got to the public market. They first had to identify an opportunity to go after. They had to develop a great product by listening to their customers. And they’ve shown that they can scale all the way from a series A round, B, C, D, all the way investing and generating high rates of return in the private markets. Transitions of Founders to Executives They get to the public markets, continue to do that. And now you get a little bit of an effect of a echo of that, of now all of sudden you’re in the public markets. If you get enough scale, you have this highly effective business. Now you’re getting relatively cheap capital that you’re feeding into your business through the public markets. And now you continue to grow. Frazer Rice (10:42.096)Just to summarize at least what I’m hearing is that they’ve gotten to the point of becoming public. They’ve been able to say no to losing control in exchange for either putting some liquidity back in their pocket or otherwise moving on. And so they’ve almost ratified their vision and message and they keep going. And by the fact that they’re public, there’s enough liquidity for everyone else out there in terms of their investments. So it ends up being a win-win. Michael (11:11.157)I think so. That’s what we see. Frazer Rice (11:13.316)So one thing that I’ve been sort of reading about and thinking about is the concept that the number of public companies is becoming less, well, it’s decreasing, and that many people are able to stay private for longer. Do you worry that your universe is going to get too small to provide sort of a canvas for your ideas here? 12:02 Market Trends and Future Outlook Michael (11:37.549)Let’s talk about three phases of that. We don’t, we actually see the data showing that there’s more and more opportunities within founder led. So let’s look at history and then let’s move to the future. So historically, probably about the time you and I joined the securities business, they would actually take the, to your point, they would take the founder, they would kick out this charismatic founder. They would put in some mid-level proctor or GE middle level manager to be the you know, the suit in the room to take the company public. And that was sort of in the late nineties and people figured out that wasn’t such a good idea. So if you actually look at the chart, there’s more and more founders staying and leading their public, their, their publicly traded companies. That’s number one. Number two. Yes. We have seen some companies stay private, obviously Stripe, SpaceX, but we are now seeing, for example, SpaceX coming to the public markets. Eli is talking about coming next year. so we, we haven’t seen it so far impact the pool with which we can fish in. And as I mentioned, that’s what we saw historically. Public Markets and the Future In the future, think, Frazer, I think we’re going to start to see a conversion of public and private markets, meaning these private mega cap companies have liquidity. And I think that you’ll see more and more ability to trade those stocks almost in public liquidity. So I think these two markets are converging. So I think that Not only do we have plenty of founders in the traditional public markets, I think that the liquidity and the big privates is going to converge to a public market style shortly anyway. Frazer Rice (13:13.232)You’re in a curious time as far as launching an ETF around this concept. I know a lot of people are wary of Mag-7 and ultra valuations and issues related to that. How do you respond to that concept that a lot of the growth has taken place in seven, maybe seven out of the hundred that you’ve chosen? Debunking the Mag-7 (to the Mag-3) Michael (13:33.356)Yeah, so that’s a misconception. We see Mike Saylor get on TV and wave his arms around it, but it’s not really true. First of all, what’s interesting, if you tear apart the Mag-7, it’s actually the Mag-3. The outperformance in the Mag-7 has come from Meta, Tesla, and NVIDIA. So it’s not just the Mag-7, it’s a founder led. And now you say, well, that’s a small sample set. Let’s look at a bigger sample set. So if you look at the NASDAQ 100, for example, It’s actually the 20 founder led companies have driven most of the outperformance over the last 25 years. And what I’m about to tell you about the S &P 500 probably won’t surprise you. It’s the 37 founder led companies that have driven most of the outperforming the S &P 500. So the outperformance is coming from founders, not from any specific part of the market. And one of the things that we think is great about this ETF is to avoid concentration. 14:50 Risk Management I know you’re really familiar with the concept of active share and that’s how different you are than the S &P 500. We have an 85 % active share to the S &P 500. So if you own the founders 100 ETF, you have much different exposure to the market than say the S &P 500. And so we think it helps reduce some of that concentration. We’ve done some things to make sure that we are diversified. First of all, we do own 100 stocks. Diversification So really good diversification across that. And then number two, while we run a market weight portfolio, we cap. No stock can be bigger than 7 % of the portfolio, so we don’t get out of balance at any point. So we think that we mitigate some of those concentration risks and we allow people to invest in innovation without being over concentrated to any one name, say the MAG-7, for example. So we think that we’re giving our investors really good exposure to innovation through the founders, but not exposing them to pre-existing market concentrations. And then finally remind everyone It’s not the MAG-7, it’s not the NASDAQ-100, it’s not the S &P-500, it’s the founders within each of these are what are driving the outsized performance in those analytical groups. Frazer Rice (15:36.218)So from a diversification standpoint, obviously not everything in one name, the 7 % cap you described, do you have sector concentration guidelines as well? Michael (15:45.749)We don’t have sector concentration guidelines, but if you look at the nature of the portfolio, we were fairly well diversified. We’re slightly overweight tech and financials versus say the S &P, but we own healthcare stocks, own consumer stocks, we own energy stocks. So we’re giving you a broad exposure to the market. Leverage Frazer Rice (16:05.924)Let’s talk about leverage for a second. I know a lot of people are trying to juice returns by piggybacking off of other people’s money on that front. Does that have a place in your ETF? Michael (16:17.004)So there’s no leverage in the ETF. We sort of believe in get rich the slow way. I like to tell people that it’s very hard to make money in the stock market over the short term, but it’s not particularly difficult over the very long term. think Mr. Munger and Mr. Buffett used to talk about this. the idea being, leverage can impact you in times that are not favorable. So we believe in just owning the stocks unlevered, let them compound over very long periods of time. And we think that by doing that, we and our shareholder, we think our shareholders can generate wealth over very long periods of time. Taxes Frazer Rice (16:54.98)So tax efficiency, the concept of holding period, does that play into your process at all? Michael (17:04.316)So remember within the ETF, as long as you’re managing your trading properly within the ETF, there’s no tax implications inside of it for your shareholders. Your shareholders only would be impacted at selling. So assuming they hold the stocks for over a year, any gains would be long-term capital gains treatment. Frazer Rice (17:27.024)And when you’re describing the investor profile that you’re looking to attract here, who is this for? Michael (17:35.916)Yeah, so the person that, you we really think it’s appropriate for you if you have a five year or more holding period and you want to have long-term capital appreciation. You know, if your goal is to be exposed to the best minds and public securities, that’s the founder led companies, and you want to compound your wealth over a very long period of time and have a high probability of outperforming the traditional broad market indexes, this ETF is designed for you. 17:59 Investor Profile and ETF Positioning Frazer Rice (18:04.705)And as you’re sort of outlining that profile and for those people who are trying to figure out where this fits in from an equity allocation perspective, you’re in charge in many ways of the spoke of a hub and spoke component of people are really sort of looking at indexes as the base of their equity portfolio. What are you looking for? What kind of benchmarks do you sort of measure yourself against? Michael (18:35.007)Yeah, so we think this is absolutely a core holding. So if you’re looking to build out you or your client’s portfolio, we think this should sit at the core. It is on the growth side, so it’s core growth. We think that it is a one-for-one replacement for, the NASDAQ 100. Or, for example, somebody holding the triple Qs. We think this is a better holding than the triple Qs. So we benchmark ourselves against them and against the S &P 500. Ee look at beating those two broad market indexes, generating better risk return for our investors. Frazer Rice (19:13.019)For those listeners that are out there and want to find out more, what’s the best way that they can either get a hold of you or maybe even better, do you have a ticker symbol ready that people can discover? FFF and Contact Information Michael (19:25.215)Yeah, absolutely. So the ticker is FFF. So that’s the FFF ETF that we’ll trade on. And investors can find that at their favorite brokerage firm, whether they’re Schwab customers, Interactive Brokers customers, Fidelity customers, trades under one ticker, just like a stock. Frazer Rice (19:44.365)And let’s take, we have a few minutes to go here, which is great. Your experience in terms of establishing the ETF, maybe a couple of some of the touch points when you went from vision to execution here, what was the process? Michael (20:00.106)Yeah, so ETF has a few basic processes that are regulated under the 1940 Securities Act. And so a lot of those rules are set up to protect the end investors. So for example, the securities live within a trust. So we set up our own trust. Some people use a mingled trust. We thought it was better for our end investors to have our own trust that we set up that has an independent trust board that oversees to make sure that we’re executing our strategies as we’ve outlined in the prospectus to make sure that we’re Doing the best we can for our investors. You’ve got to set that up There’s a few firms that do the plumbing for the for the ETFs would say US Bank is probably the largest player. So US Bank provides our our fund custody and fund administration and then there’s just a few other vendors in the space that sort of help with all the plumbing to make sure that the ETF runs smoothly. So it’s probably a six month process if you stay really focused to get all of that set up. 20:58 Navigating the ETF Launch Process Frazer Rice (21:03.313)You get that set up, how do you approach the Schwabs and the Fidelitys and the other platforms to make sure that people can access, buy, sell, whatever they want to do with your ETF? Michael (21:14.347)Yeah, that’s a great question. So the online brokerages typically put you on the platform as soon as you’re listed on a major US exchange. So you’ve got to get listed on NASDAQ, NYSE or CIBO. We chose CIBO. So again, on the traditional online brokers, you’re there day one. And then the big wire houses, JP Morgan, Goldman, Morgan Stanley, BAML, they typically have a few hurdles that you’ve got to get through, whether it’s daily trading liquidity assets under management. And over time, as you run the wickets through their process, you’re added to those platforms. Macro Issues? Frazer Rice (21:48.721)We live in a political age and a time when there’s just chaos everywhere, different types of rules in order to allocate capital. If you’re an investor trying to guess what’s happening politically, et cetera, that are difficult, you must be positive as far as the environment for founders to find success in this country and beyond. Is there anything that you’re looking for to make sure that those conditions hold? Michael (22:18.225)Yeah, we don’t really look at the macro or political backgrounds. think over very long periods of time, U.S. innovation outperforms. so we sort of we think that, again, one of the great things with investing in founders is they keep adapting as the background changes behind them. So we think over very long periods of time, the U.S. has great economic growth. And for those people that have worried about little blips along the way, we think the founders are the absolute best at mitigating those blips. Frazer Rice (22:48.334)I like to say you bet against America at your own peril and it sounds like from a founder perspective it’s still a great place for them to locate their businesses and grow them here. Michael (23:01.042)Absolutely. 23:50 Final Thoughts and Contact Information Frazer Rice (23:02.971)Just to reiterate, FFF is the ticker symbol for people to find it. any other contact points for people to find you if they’re interested in what you’re putting together. Michael (23:15.613)Yeah, so we have a great website at FounderETFs.com. can go check out there or anyone’s happy to email me, just michael at FounderETFs.com. Happy to chat with anyone who has interest about the portfolio, the strategy, or what we’re building. Frazer Rice (23:32.197)Well, great to have you back on, Mike. Thank you for putting up with my attempt at looking like Steve Jobs. It’s 25 degrees in New York here, and I am the stupid one who’s not in California or somewhere warm. appreciate you taking the time to be on and talking about your new product. Michael (23:48.011)Yeah, it was great to be on here. Really a huge fan of your podcast and just the level of guests that you’re able to interview and help educate your viewers. Frazer Rice (23:56.849)Mike, thanks for being on. Michael (23:59.061)Thanks a lot, Frazer. https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT/ Previously with Mike Monaghan ETF EDUCATION ARTICLES ON ETF.COM

The Third Episode of the Series! (Scroll down the earlier ones below).Matt Zeigler and I had the privilege of hosting Robert Hagstrom (The Warren Buffett Way) and Chris Mayer (100 Baggers) for a special 100-Year Thinkers Edition of the Excess Returns Podcast.Two legendary investors and authors. One hour packed with timeless wisdom on long-term thinking and wealth creation. This is the conversation we've been wanting to have—and we think you'll find it as valuable as we did.Available now on Excess Returns Podcast and Talking Billions.

Simple and timeless lessons from Buffett that can reshape how you lead and live. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Seize the day with the freshest news you can use to help you conquer another active business day - from the team at BizNews and our global partners. This episode features an analysis of the Tshwane 2025 financial report released on the JSE Stock Exchange News Service yesterday. Donald Trump takes to the US national airwaves to praise Donald Trump; Institutional cash holdings at a record low (Buffett's is at a record high); hope for Arcelor Mittal and Hulamin shareholders; and more.

Trendspider released a NEW suite of tools from Legends like Buffett and Peter Lynch. GO AND USE THEM! THESE SALES END SOON: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TRENDSPIDER HOLIDAY SALE - Get 52 trainings for the next year at 68% off. Become a Trendspider master! ⁠⁠⁠⁠SEEKING ALPHA BUNDLE - Save over $100 and get Premium and Alpha Picks together ⁠⁠⁠⁠ALPHA PICKS - Want to Beat the S&P? Save $50 ⁠⁠⁠⁠Seeking Alpha Premium - FREE 7 DAY TRIAL ⁠⁠⁠⁠SEEKING ALPHA PRO - TRY IT FOR A MONTH ⁠⁠EPISODE SUMMARY

In this episode, Cameron and Tony survey a market that's losing some momentum in iron ore while rapidly pivoting toward copper as the next structural commodity story. They unpack Fortescue's move into Peruvian copper, the implications of slowing Chinese infrastructure investment, and why AI data centres are turbo-charging copper demand globally. The discussion ranges from takeover battles in West African gold, Buffett succession intrigue at Berkshire Hathaway, and a sharp critique of Australia's compensation schemes for failed investment products. The episode closes with a deep “pulled pork” analysis of Aeris Resources, exploring why copper-gold producers are back on the QAV buy list despite capital-raising risks.

Send us a textThe world's greatest investors don't chase returns... they engineer protection. In this episode, Tony Robbins reveals the four principles shared by Buffett, Dalio, Icahn, and the most successful investors alive... and how finding 8–12 uncorrelated investments can reduce risk by 80% while increasing upside.Learn how to invest in real estate with the Cashflow 2.0 System! Your business in a box with 1:1 coaching, motivated seller leads, & softwares. https://www.wealthyinvestor.com/Want to work 1:1 with Ryan Pineda? Apply at ryanpineda.comJoin our FREE community, weekly calls, and bible studies for Christian entrepreneurs and business people. https://tentmakers.us/Want to grow your business and network with elite entrepreneurs on world-class golf courses? Apply now to join Mastermind19 – Ryan Pineda's private golf mastermind for high-level founders and dealmakers. www.mastermind19.com--- About Ryan Pineda: Ryan Pineda has been in the real estate industry since 2010 and has invested in over $100,000,000 of real estate. He has completed over 700 flips and wholesales, and he owns over 650 rental units. As an entrepreneur, he has founded seven different businesses that have generated 7-8 figures of revenue. Ryan has amassed over 2 million followers on social media and has generated over 1 billion views online. Starting as a minor league baseball player making less than $2,000 a month, Ryan is now worth over $100 million. He shares his experiences in building wealth and believes that anyone can change their life with real estate investing. ...

Imagine sitting beside one of the wealthiest minds on the planet and hearing guidance that reframes how you operate forever. Darren Hardy brings forward a story containing a surprising insight from Warren Buffett that may reshape the way you build your personal advantage. Become a RIVETING speaker in every part of your life. Founding Strike⚡️Team Enrollment is EXTREMELY LIMITED, so go now! Details at https://rivetingspeaker.com/ Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.

In this episode, Brandon and James recap the market as we head toward the end of the year and discuss overall investor sentiment going into 2026. They break down what the S&P 500 has done over the past year, explain the idea behind the Santa Claus rally, and talk about what to realistically expect from the market and the economy next year.The conversation also covers tariffs and why their impact often shows up months after the initial shock, how the threat of tariffs can be used as a negotiating tool, and what recent market behavior may be telling us.They dive into the ongoing debate around the AI bubble, Michael Burry closing his firm and betting against companies like Nvidia and Palantir, and what Warren Buffett's large cash position at Berkshire Hathaway is actually meant for.Finally, they emphasize why boring investment plans and dollar cost averaging tend to work over time, discuss how AI is likely to integrate into nearly every business, and wrap up with three stocks James is watching for 2026: CrowdStrike, Lumen, and Nebius.

Jesse Felder joins us to explain why the AI boom may be heading toward a major reckoning, why capital cycles matter, and why commodities, especially energy, are entering a new bull phase.#gold #ai #energy -------------------

No episódio especial 312 de Stock Pickers, Lucas Collazo recebe Ruy Alves, sócio e gestor da Kinea, para uma conversa que é praticamente uma ópera macroeconômica: com direito a Guerra de Tróia, Grande Gatsby, China imperial e até os palcos da Broadway e do West End.Conhecido por analogias afiadas e uma leitura do cenário macro “fora da caixinha”, Ruy faz um diagnóstico contundente: 2026 será marcado por uma grande Guerra de Tróia. Entre FED, inflação global, reprecificação de juros e disputas políticas (especialmente no Brasil), ele explica por que o investidor precisará combinar estratégia, disciplina e a mesma capacidade de reinvenção que tornou Warren Buffett uma lenda.Este episódio é especial e faz parte da programação do Onde Investir 2026, evento especial do InfoMoney que ensina, prepara e atualiza quem deseja começar o ano novo tomando melhores e mais lucrativas decisões de investimentos.Acesse e confira todas as oportunidades: https://lps.infomoney.com.br/onde-investir-2026-inscricao/?utm_source=infomoney&utm_medium=banner&utm_campaign=oi26&utm_term=billboard-premium&utm_content=subhome

Warren Buffett, de 95-jarige beleggerslegende, stopt ermee. Economieredacteur Egbert Kalse laat zien hoe één man decennialang uitzonderlijke rendementen wist te behalen en daarmee de beleggingswereld steeds weer op zijn kop zette. Hoe kreeg Buffett dat voor elkaar?Gast: Egbert KalsePresentatie: Bram Endedijk Redactie: Ilse EshuisMontage: Gal Tsadok-HaiEindredactie: Tessa ColenCoördinatie: Belle BraakhekkeProductie: Rhea StroinkHeb je vragen, suggesties of ideeën over onze journalistiek? Mail dan naar onze redactie via podcast@nrc.nl.Zie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

Mohnish Pabrai's Fireside chat with Ben Graham Centre at the 5th European Value Investing Conference on October 14, 2025. (00:00:00) - Introduction (00:00:58) - Cloning is the best mental model (00:02:14) - Human aversion to cloning (00:04:00) - Simplicity: Highest level of intellect (00:05:35) - Cloning the Buffett Partnerships (00:09:38) - Learnings from Buffett and Munger: Portfolio concentration (00:14:49) - Asymmetry in investing: Amazon (00:16:41) - Power vs. Force: David Hawkins (00:21:26) - The Dakshana Foundation: Cloned from Super 30 (00:27:06) - Success rate of the Dakshana Foundation (00:29:36) - If you can happily watch paint dry, you can be a good investor! The contents of this website are for educational and entertainment purposes only, and do not purport to be, and are not intended to be, financial, legal, accounting, tax or investment advice. Investments or strategies that are discussed may not be suitable for you, do not take into account your particular investment objectives, financial situation or needs and are not intended to provide investment advice or recommendations appropriate for you. Before making any investment or trade, consider whether it is suitable for you and consider seeking advice from your own financial or investment adviser. 

Play That Rock n' Roll" proudly presents the third part of a special mini-series that details the incredible life and career of songwriter Jimmy Buffett. We are joined by my friend Chris to explore Buffett's full studio catalog, track by track. In this episode, we cover the four albums he released during this stretch, the iconic film soundtracks he was a part of, and the humble launch of the business that would eventually make him his *real money*. Our Links: https://linktr.ee/playthatpodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Die neuen OAWS-Tassen mit unseren besten Börsensprüchen sind jetzt verfügbar: shop.oaws-buch.com. Paramount will Netflix ausstechen. Warren Buffett verliert einen engen Vertrauten an JPMorgan. L'Oréal kauft bei Galderma zu. IBM kauft bei Confluent alles. Magnum Ice Cream geht an Börse. Klöckner geht vielleicht an Worthington Steel. Der Rüstungsmarkt wächst. Der Fitnessmarkt wächst. Der Chemiekonzern Alzchem (WKN: A2YNT3) wächst mit. Die Aktie auch. TUI (WKN: TUAG50) hat ein eigenes Vertriebsnetz, eigene Hotels, eigene Kreuzfahrtschiffe. Bewertet wird es trotzdem wie eine Airline. Gibt's da eine Chance oder einfach zu hohe Risiken? Diesen Podcast vom 09.12.2025, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

Paramount launches an all-cash offer for Warner Bros. Discovery just days after losing to Netflix in the bidding war. A look into Berkshire's next chapter as Buffett's CEO tenure comes to a close. Plus, sellers are taking their homes off the market at a record rate. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Het is zover! De Magnum Ice Cream Company is afgesplitst van Unilever en ging vanochtend zelfstandig naar de beurs. Waar vooraf vrees was dat grote fondsen en andere beleggers het aandeel zouden dumpen, bleek de schade mee te vallen. Magnum kwam de eerste dag goed door, maar kunnen ze dat ook vasthouden? En wat verdien je nou eigenlijk in de ijsmarkt? Dat bespreken we deze aflevering. Met daarin ook opnieuw aandacht voor Warner Bros. Vrijdag hoorde je nog dat Netflix de tent voor 87 miljard dollar wilde overnemen, vandaag is alle zekerheid rond die deal alweer weggetrokken. Paramount doet een hoger bod, rechtstreeks aan de aandeelhouders. Verder hoor je ook nog waarom Meta op z'n knietjes gaat voor Ursula von der Leyen, bij welke beleggingsapp je vooral niet moet zijn als je gehecht bent aan je privacy en waarom het aandeel van het bedrijf achter de Labubu-pop weer onderuit gaat. Te gast is Corné van Zeijl van Cardano. Mystery guest: zijn parkiet. Misschien wel de bron van alle beurswijsheden. See omnystudio.com/listener for privacy information.

Monsoon Pabrai is the Founder, Managing Partner at Drew Investment Management - a fundamentals-driven public markets fund focused on long-term value compounding anchored in deep research shaped by years of studying capital allocators like Buffett and Munger. Her Fund typically targets high-conviction positions in durable, cash-generating businesses, with a philosophy centered on simplicity, downside protection, and asymmetric upside.

“What is your passion? Why are you doing this?” In this episode, Nick speaks with Vincent Wanga about the intersection of creativity, entrepreneurship, and leadership. Vince shares his unique journey through the creative industry, discussing the challenges and advantages of being an insomniac and how it has shaped his work ethic. What to listen for: Insomnia can be both a challenge and a competitive advantage. Leadership requires sacrifice and understanding of employee dynamics. Passion and purpose are essential for sustainable entrepreneurship. Vision is crucial for effective leadership and business success. Scaling a business requires preparation and understanding of resources. Failure is a necessary part of the learning process. Creatives must balance their artistic mindset with business skills. “Everything that I do is passion and purpose-rooted. And that should be your first mission.” When you anchor decisions in passion, you can more naturally stay motivated during the hard parts of the journey Purpose brings clarity, so you waste less time chasing things that don't matter. Leading with what lights you up often creates the most authentic and sustainable success. Passion-driven work tends to attract the right people and opportunities without forcing it. Starting with purpose sets the tone for how you show up. “Creatives have a visionary mindset. So why can’t creatives be those same CEOs? We just lack the business acumen.” Creativity is the foundation of innovation. Many creatives underestimate how transferable their skills are to leadership. Visionary thinkers often make better long-term strategists than traditional operators. When creatives embrace structure and systems, they become unstoppable leaders. About Vincent Wanga Vince is a dynamic international design thought leader, creative keynote speaker, award-winning creative and executive, author of “The Art of Direction,” serial entrepreneur, and experienced brand consultant with an exceptional range of expertise over a distinguished two-decade career. As former vice president and head of creative for one of the fastest-growing technology startups in North America, he oversaw corporate brand strategy and creative during unprecedented company growth from pre-Series A to an over $1 billion “unicorn” valuation. Vince lives in Washington, DC, and Asheville, NC, with his dog, Okello. When he is not working on new business ventures, he passionately travels the world, collecting creative inspiration at the finest boutique hotels rewards points can buy. https://www.vincentwanga.com/ https://www.linkedin.com/in/vincent-wanga/ Resources: Check out other episodes about creativity and entrepreneurship: Creativity Within Us All With Joe Tertel Post Traumatic Growth, When Trauma Makes You Stronger And More Creative With Christian Ray Flores Interested in starting your own podcast or need help with one you already have? Send Nick an email or schedule a time to discuss your podcast today! https://themindsetandselfmasteryshow.com/contact/ Thank you for listening! Please subscribe on iTunes and give us a 5-Star review! https://podcasts.apple.com/us/podcast/the-mindset-and-self-mastery-show/id1604262089 Listen to other episodes here: https://themindsetandselfmasteryshow.com/ Watch Clips and highlights: https://www.youtube.com/channel/UCk1tCM7KTe3hrq_-UAa6GHA Guest Inquiries right here: podcasts@themindsetandselfmasteryshow.com Your Friends at “The Mindset & Self-Mastery Show” Click Here To View The Episode Transcript Nick McGowan (00:01.507)Hello and welcome to the Mindset and Self Mastery Show. I’m your host, Nick McGowan. Today on the show we have Vince Wanga. Vince, how you doing today? Vincent Wanga (00:11.372)I’m doing all right, Nick. I’m looking forward to our conversation and thanks for having me on. Nick McGowan (00:15.618)Yeah, absolutely. I’m excited, man. I think this is gonna be fun. I know there’s a lot that you’ve been through, a lot that you’ve done. One of the biggest reasons why I wanted to have you on the show was to be able to talk about creativity and how it ties into us as people, but also into the systems that we’re in, like the capitalistic system, our family systems, all those things. I grew up as a creative in a… not a typical creative house, so to say. So it felt a little weird, but that was the system that I was in. And then you get into jobs, you get into your career, and like, how do you do all that stuff? And that was one of the things that really stood out to me about having you on. So I’m gonna stop talking. Why don’t you kick us off? Tell us what you do for a living, and what’s one thing that most people don’t know about you that’s maybe a little odd or bizarre? Vincent Wanga (01:00.142)Well, thank you. I am in a weird place in my career because I’m transitioning. I have been a creative at the highest levels and the lowest levels for 20 years. Started as an intern, worked my way up through the agency world, stints as a freelance independent operator working for clients all over the world to owning my own agency and having that unique experience as a business owner and operator. and all the responsibilities that come with managing employees and being responsible for payroll and profit and loss and the other side of the industry, as well as becoming a senior executive and top 100, well, first 100 employees for a billion dollar tech startup and a crazy transformational journey. So I only preface that to say I’ve done it all in so many different industries. I’ve worked with so many different sectors, in-house, freelance. agency, you name it in the creative sector, I’ve done it. And I think that offers me a lot of perspective and advice that I can offer to people, whether you’re creative or not, particularly in the aspects of leadership, which is something I really focus on at this point in my career. But as I mentioned, I’m in a major transition away from creative and more into my real core ethos, which is entrepreneurship and taking all that creative talent, marketing, business acumen into my own businesses and consulting and other opportunities to really express my creativity in a different way. So it’s a really exciting paradigm for me. As far as something that’s really unique about me, I could wax philosophic on that. But I think the most unique thing is I am an insomniac. I get an inhuman amount of sleep and it has been a very difficult, like physical manifestation in my life because that’s not healthy, but it has been an incredible. competitive advantage in my career, where I’m able to work day and night and create businesses on a weekend and maximize my time. But as I get older, the other side of the coin starts catching up and trying to figure out how to adjust as I move forward is a new paradigm I’m dealing with. But that’s one of many unique things about me. Nick McGowan (03:16.459)Wow, I’m really glad that you consider that a unique thing. that you see that as a… there’s kind of a silver lining that you look at that instead of some people saying like, well I just… I’m struggling with this thing. It sounds like even the personality that you have, like you’ll go, well I am kind of struggling but it is what it is and this is what it is. Then I could do something with it. And it’s funny how as you get older, things will shift and change just across the board. I mean we could have a whole fucking episode just about like the specific changes that happen from your knees and your back and the way you think about things. or whatever you don’t mean I wonder at times with the people that are insomniacs that it’s something that they actually kind of crave and it’s like a mental thing where like I want to keep going and I think about it from this perspective In the human design way I’m a generator and I have to use all of my energy every day So by the end of the day there are times where I’m like I’m totally done. It’s nine o’clock at night I guess I’ll go to sleep because I’m done for the day and like all the energy’s out other times It’s like three or four in the morning and it is what it is But for the people that… Nick McGowan (04:27.617)can hear that and say, well, you’re just trying to hustle and just trying to use all that to get ahead and do the grind and all that stuff. I’m reading between the lines and a little bit I know about you so far, that’s not the case with you. So it’s more of one of those like, I do these things because I’m led to do these things, but I also have a really hard time sleeping. So how do you manage that going through each day and saying like, all right, well, I got whatever amount of sleep and my body needs more, but I also have a lot of mental energy where it’s like you can feel the physical of like, man, I’m just fucking dragging. But my brain’s still going and like that must take a toll on you. I could imagine, you know, you have a week of that. Most people would just be driven insane. So how do you how do you manage that? Vincent Wanga (05:12.344)Yeah, and I think, you know, this reminds me of that. I think it was a New Yorker editorial cartoon that had a building in Manhattan with lights on. And it said these three lights are either a drug dealer, serial killer or creative. Right. We’re the only ones up at 3 a.m. So I don’t think it’s as unique within the creative realm. But I think what makes me unique is the duality that I’m up all night in human hours, but I’m also functional in the morning. Like I’ve stayed up for 72 hours before. Nick McGowan (05:25.854)Yeah. Nick McGowan (05:37.93)Hmm. Vincent Wanga (05:40.718)on deadlines and things that push beyond human norms and are completely unhealthy, but have also, again, like I said, been an advantage historically in my career. think the way my brain is wired, and I think a lot of critics can resonate with this, is I’m my most creative and intellectual at night. I could spend the same amount of time and energy between nine to five on the same thing, and that… You know, error of time, I could achieve better results in an hour at 3am. It’s just the way these ideas flow in my mind. It’s the same mindset for anyone who can’t relate where like CEOs get up early in the morning and take a bike ride or do a run. And then they come back to the office and now they got a new product idea that everybody’s got to scramble to do. It’s the CEO brain, but it just kicks on at the wrong time. but it is, it is a burden, because it’s not healthy. And unfortunately there’s, there’s Nick McGowan (06:30.472)You Vincent Wanga (06:39.982)long-term cognitive effects that happen on that and there’s a diminishing return. But I think the most important point here is that I didn’t want to be this way. This is something that evolved from my artist background where I would the only time I had to myself and peace and quiet to create was at night. It started kind of rewiring my brain and then I went to college long story short got kicked out because of money and found myself with my career over before it even started. So I had to hustle and work twice as hard as everybody else just to get started. I started at a deficit. So I always maximize my time in order to try to achieve the results that I needed to get back into the industry. And then the third thing I think people can resonate with is if you’re an entrepreneur, it’s this paranoia when you go to sleep and you don’t want to wake up with bills. You don’t want to wake up with problems. You just want to stay up and solve everything that you can. you could have $10,000 in your bank account for that week and still feel insecure. And I think that just keeps me up at night constantly hustling and hoping that that hustle prevents the worst case scenario from happening. So it’s just this convolutions of things that are part of my experiences and my mindset. But it has been an advantage up until about now where I’m kind of paying the health effects of it, but it’s helped me become incredibly successful. And I think that’s a unique. perspective for me. Nick McGowan (08:09.086)I love when conversations head this way. I’ll ask that question every single episode. So everybody listens. They’re used to that question being asked. But I love when that question invokes us going down a different path for the conversation. Obviously, we were going to talk about creativity and leadership, and that just jives with us both. But that’s a really important thing, I think, to get into because you had neural pathways that were literally changed. And you created these paths so, so many years ago saying, like, everybody leave me the hell alone. Great, you’re all asleep. Everybody’s left me alone. I get to do the thing I want to do. And then you turn that, especially as an agency, for anybody that’s been in any sort of agency, imagine running around with your hair on fire, 15 other people having their hair on fire, and somebody just yelling at you constantly, and you’re constantly late on things that you’re actually pretty much on time for with your projects. And that’s like a typical Tuesday in most agencies. And that will drive you Vincent Wanga (08:41.592)Mm-hmm. Nick McGowan (09:08.848)to have more those neural pathways change because then you have to do things at night. Dude, I’ve been in the same spot where it’s like we have this thing coming up, somebody sent this thing back to me and it’s time for me to QA it or just basically give it once through. Seven hours later you have to do a complete re-haul or whatever and from a leader’s perspective you have to love on that person and help them and work through them. You can’t just go and physically slap them in the back of head and go, the fuck? That’s my first question, you know? So as a creative, I’m right there with you. think a lot of us do have that. Nocturnal energy almost to be able to create but I wonder if a lot of that does come from like when you were in middle school or high school like Just everybody leave me alone. Like when your parents tell you like go to your room. You’re like, thank God awesome now Will you all just stay can I lock the door and like just paint or whatever? I want to do and then that turns into the the systems that we’re in that tell us you have to grind you have to hustle and I I just wonder about how many people are still stuck in that because they don’t see the patterns of, well, I’m having a hard time with this. Like, you see that there’s a pattern with you being an insomniac. But how do you actually combat that, work on that, and not drive yourself crazy each and every day, you know? Vincent Wanga (10:31.522)Yeah, I think that’s a challenge. I think there’s a few ways I can approach that question. One, I really loved your point about the sacrifice of leadership. I think a lot of people underestimate that. It’s like the swan analogy, where it’s calm and collected at the top, but your feet are vigorously swimming and kicking. I think people who are employees and check in nine to five and their check clears on Monday when it’s payday. don’t understand the sacrifice sometimes that their leadership have to make to make that happen. And part of that is that paranoia that we deal with every single day. You know, I also think, you know, I’m highly functional introvert. So I love the quiet time that that allows me to think and to process and to execute on. But I also love that quote. I hope I’m not misquoting them. I think it was by Warren Buffett who said it took me 10 years to be an overnight success. There is no skipping the grind, the hustle. Nick McGowan (11:13.436)Mm-hmm. Nick McGowan (11:25.959)Yeah. Vincent Wanga (11:28.258)the sacrifice, know, your family hates you and you don’t see people enough and your friends are wondering if you’re okay. And that’s what it takes to build business, to build legacy, to build anything. So whether I had this unique deposition to work on godly hours or not, I think people find the will in the way because there’s no shortcuts around that to success. And that’s what you got to do. And if you’ve got a nine to five job, well, guess what? Now you got to work five to nine. and find the time that you need to execute on something. And I think it’s more of an entrepreneur’s brain than a creative’s brain. again, like I said, it’s been advantageous in ways and disadvantageous in others. Nick McGowan (12:07.259)I think they actually tie together though, the creativity and the entrepreneurship. I’ve met, god I can’t even put numbers to the amount of entrepreneurs I’ve met over the course of time, but I could probably say in one hand that the people that weren’t really creative and… Vincent Wanga (12:17.667)Mm-hmm. Nick McGowan (12:24.125)definitely told me like I am not creative at all. But then when you look at their processes, how they handle situations, all of it is just oozing creativity. They’re just not creative in the medium of painting or graphic design or web or whatever it is, but they’re still being creative in how they handle it. Shit, even leaders that are like, okay, well I know if I yell at you as a creative, you’re not gonna do the work that you need to do and you’re probably gonna hate it here. So how do I talk to you nicely about it? That is a creative approach. approach to it where you’ve been in spots, I’ve been in spots where somebody clearly didn’t take that spot and they just yelled at you about the thing because they’re hurt or they’re upset and they can’t manage themselves and they’re just diving it at you. But there is a lot of creativity that ties into that. And I think there’s a lot of people that talk about being an entrepreneur with really a hobby in a sense and not understanding that basic principles of entrepreneurship is you just have various means of income and you just work on things as a creative. You can sit down and work on things for six hours and you think, shit, I was doing this for two hours, but six hours later, I’ve been standing here, I’ve been working through this thing. And I want to dive deeper into this because I don’t want people to think that you’re saying to them, you just need to grind. No matter what you’re feeling, what you’re doing, just shut up and grind. That’s not the case. But how do you balance that? Because I know people that literally they take that ethos and just say, well, this is who I am. And it’s in a It’s a false way for them instead of being able to say like this is who I am because man I’m just so passionate about this thing that I eat sleep and dream this because this is my purpose in the world instead of saying well the system tells us this and my god I got a mortgage and these mouths to feed and whatever else it’s like you have to shift from that so how do you shift from that? How did you? Vincent Wanga (14:15.714)Man, I think that’s such a good point. I think too many people get enamored with the grind part, right? That’s what they teach you in investment banking. That’s what they teach you in all these other segments. Just grind and the reward will come and they’ll dangle this carrot in front of you that somehow disappears on your journey, right? Entrepreneurship’s very similar. And I’ll just say, this is the hardest shit in the world, like next to raising a child. Like it is incredibly difficult and that’s… Nick McGowan (14:37.446)Yeah. Vincent Wanga (14:42.102)what discourages most people. But I think the point that you made that was really excellent is you first have to have a purpose. What is your passion? Why are you doing this? Never have I thought when I’m in an entrepreneurial pursuit and I’m working, you know, 18 hours a day, did I ever feel burnt out? Isn’t that interesting that I can go to a typical corporate job and after five hours just can’t wait to leave, but I’ll work nonstop on my own thing and never feel burnt out. I have stress maybe related to money or something. but it’s not work stress. And I think that’s because everything that I do is passion and purpose rooted. And that should be your first mission. Don’t do this thing because you think it’s going to make you rich. You know, start that brewery because you love beer, you love the science of beer, and that you realize that by getting into that business, you are now an agriculture. You’re a farmer. You need to know about hops and the process and supply chain and fermentation. And you are a chemist and you got to figure out the right, you know, balance in order to have the best beer in the world. Otherwise, don’t do it. Nick McGowan (15:11.93)Yeah. Nick McGowan (15:21.561)Hmm. Vincent Wanga (15:41.056)So I think people need to understand what’s your passion would start there. The grind is easy if you’re passion and purpose driven and don’t let that kind of blind you. Start with your passion and your purpose. And that’s really helped keep me balanced so that I make sure the most precious commodity I have right now at this age is my time. And I make sure that just like my money, I invested reasonably and responsibly and only things that really bring me value in return. I think my second point is The grind is should be front end, you know, where your typical nine to five and there’s no wrong path is something you progressively invest in. And at the end, around 65 years old, you get your benefit and you get to go, you know, travel and live in Florida and do whatever you want with your life and retirement. Entrepreneurship is different. You literally grind for three years. The first year you’re just getting established. The second year you’re trying to become profitable. That third year, if you make it that far, you might actually thrive and have a business. And unless you’re paying yourself, Like you said, it’s just a hobby. So you have to be serious about this, understand the business fundamentals, but also understand for three years you’re in the suck and you have to work and work hard. And if you’re passionate and purpose driven, it won’t feel like a burden. And then you get your reward where all of a sudden you have enough profit to hire a COO or even a CEO as a founder to run your business and employees and your scaling and it gets easier. So you just have to understand the different philosophies between a nine to five and entrepreneurial pursuit. and make sure you’re passion and purpose driven and that will really help you keep balanced in this kind of crazy lexicon that is working like we do. Nick McGowan (17:17.338)Yeah, especially here in the States. We work much more than other people, but then there are other countries that… It’s the system that they’re in and how they go through it. I think one of things that you pointed out that really stood out to me was how when you take that approach of the passion and the purpose and you’re doing those things, you’re gonna work so much more on that because you’re fired up about it instead of doing whatever reports or whatever BS meetings or whatever you’re doing at nine to five. And you can just keep working on these things. But as you do that, you really start to stretch that muscle. So it’s like you’re able to handle things in year two, year three differently than you could in year one or even year two, let’s say, because everything starts to stack up. So in a very black and white way, for the most part, I think the people that listen to the show are leaders, at least in what they do, if not entrepreneurs, and there are a lot of entrepreneurs that are already in their business. But the people that think about, want to get out of my job, I want to get into a business, if you’ve got to go through that work anyway, and you’re just going to basically jump in a boat and go down that river. Don’t you want to go down the river with the stream instead of trying to fight up it like you’re currently doing in your nine to five? And it’s like, how do you then take that approach and say, all right, well, this is what I want. And there is a difference between passion and purpose. I think we have a seed of purpose that’s within us and there are ways that we get to show our passion with that purpose. But if you can tie that stuff together, you’re almost unstoppable. There’s shit that’s going to happen, but you’re going to get through that. When you talk to different Vincent Wanga (18:34.254)Sure. Right. Nick McGowan (18:58.138)from people about that sort of stuff and tying those two together. What’s the way that you can kind of put that into a vision to be able to show this is where these two pieces kind of can join? Vincent Wanga (19:06.818)Yeah, and I think for me to tell a little story, I was a senior designer art director at an agency in Minneapolis at the time. And I was getting really good insights on the business side of creative from the particular owner I was working with. He was very transparent about those things. So I found out how much he was profiting per employee, particularly me. And that didn’t match up with my salary. Now he’s a business owner. has every right to a profit. That’s not what I’m questioning. What I said is that my value is significantly higher than I thought it was this whole time. I thought it was defined by my salary. And the funny thing about these nine to five jobs, and I’m not knocking them, we all have done it and are having to do it, but they pay you just enough to kill your dreams. You know, I’m sure you’ve heard that before and just enough to be comfortable. And when I realized the potential there, I started taking advantage of that, you know, five to nine time that overnight time. I started, you know, freelancing and getting clients. And when I compared the numbers, I realized if I went full time with my own hustle, I could triple my income and not triple my work hours. So that was the passion part, right? So what that did is it led into my purpose and the purpose was, and I think this is really important is oftentimes when you get into entrepreneurship, Money should never be your motivation. Money is a reward that comes down later. It should be rooted deeper than that. But if you can tie your entrepreneurship with your lifestyle, your ideal lifestyle and outcome, that is the greatest gift in earth. So for example, imagine you’re a snowboarder and you just want to go to Vail and Whistler and, you know, go down the most amazing double black diamond mountains and make that a part of your lifestyle. Imagine starting a business. where you could be in that community and make profit. Now you’re in your ideal lifestyle, your ideal community, and you have a business that helps fund that. And that was kind of my motivation. So I am now independent, tripling my income. I’m working half as much. I’m able to travel the world. And as long as I have wifi, I can continue to make money indefinitely in whatever country I stay in. It was the most incredible lifestyle of my life. And there’s some limits to that we can talk about later, but it gave me this purpose. Vincent Wanga (21:29.1)and passion combined to continue to progress. And I think people just really need to identify not just passion and purpose, but what is that ideal lifestyle that you want this to lead to? What is that outcome? What is that ambition that you have? If you don’t have that goal and you’re just starting out, what are you doing? You’re making trinkets. You’re not getting paid. You have a very expensive hobby that’s probably gonna cost you your family. So you really have to understand at the end of the day, this is a business. You have to have business fundamentals and run it accordingly. And I think you’ll be in a much better place than just going on some wild adventure because you don’t want to wake up at 9 a.m. I promise you, you’ll be disappointed by entrepreneurship if that is the case. Nick McGowan (22:08.812)Yeah, and it’s interesting because that’s like, there are like shades to that almost. You know, like there are times where you call it like we can’t sleep or we have a hard time because we’re thinking we got to pay for this. We got this thing coming in. There’s this thing and I’m sure there’s a left hook that’s going to come out of nowhere and like whatever and you just kind of manage through that stuff. You work through it. But if you are in a better mental spot because of the passion and purpose that you have to do these things, you can actually handle those things instead of just being crippled by it. I’ve thought many different times about how many people got into podcasting during COVID because they were like, what the fuck? I have nobody to talk to. I don’t know what to do right now. I guess I’ll start a podcast or people that became a coach and are like, I guess I’ll become coaches. And if you look at the numbers, they all skyrocketed. then quickly after that just shot down. So many people just couldn’t do it, didn’t want to do it, didn’t have the skills or whatever. And ultimately it wasn’t right for them to be able to do it. Now there are lots of people that stuck with it. I started this in 2014. Vincent Wanga (22:47.256)Mm-hmm. Nick McGowan (23:15.145)So I wasn’t one of those ones that just started it in 20, but I remember thinking that too. Like well now I’m stuck at the house. What am gonna do? And had friends that I talked to and then just came a podcast and whatever else from there. But being able to actually understand like you’re going to start to take those steps and it doesn’t all have to happen at once. So even with the stuff you’re saying like you get to travel, you make money, you do these things. To somebody if they’re listening on the surface they’re gonna go okay cool you’re just another one of those guys who just like pushes this thing and says I live the best life in the world and work. Vincent Wanga (23:22.648)Right. Yep. Nick McGowan (23:45.148)two hours a day and I harvest butterflies and get four billion dollar homes. Like it’s not what we’re saying. But this is a stacked upon process. Like I talked to people at times, I had somebody on recently it was like man you were in like Idaho and Montana and doing this and you travel and it’s like yeah but this has been a work in progress. This isn’t just one of those things like last Tuesday. It’s like you know what fuck everything else and we’re gonna travel we’re gonna do this thing. It’s like you have to build upon those things so you have to take those initial steps. So for somebody trying to figure out right now. I hear what you guys are saying, I want to take these steps and I think I kind of know what I want to do but I’m afraid to do it as a creative saying I’m stuck in this system and I have to pay for things and I’ve built this whole big career and what do I do now? What advice do you give them? Vincent Wanga (24:35.496)well, the first thing is it’s mostly rooted in fear. Release your inhibition of fear because you will fail. You will fail big, you will fail small, you will fail often. I think what actually ironically makes me successful is my lack of fear of failure. I could write a whole thesis on failure and how that’s affected me. But the true reality is it’s been the greatest education of my life. More than a Harvard MBA could teach me going out there doing something really hard and failing or succeeding in that are immense lessons that you can apply to the next thing and you’ll fail a little bit less and apply to the next thing and fail a little bit less. And I just talked about earlier how your job posting a position where you, you don’t want to risk that comfortability to go out there and potentially fail, but you have to understand that’s part of the cycle and learning process that gets you to success. love that Japanese proverb, you know, fall down seven times, get up eight. That’s, that is, it’s a cliche, but it’s so true. You just have to. Nick McGowan (25:29.973)Hey. Vincent Wanga (25:35.192)get out there and fucking do it. And I think the other most important thing is people get into this journey and they’re not prepared for scale. They never think about it. I think they’re too absorbed in the lifestyle part. Like, okay, I get to work from home. I get to take my kids to baseball. This is great. I want to stay in this comfortable zone. If you’re too successful, if you fuck up, you actually have something that scales. Now you need employees. Now you need people to run your business. Nick McGowan (25:52.084)Yeah. Vincent Wanga (26:03.842)Now you need to redo your supply chain. Now things get more expensive. Now you got to pay attention to your margins. Nobody has that ambition. So always enter this with what is that ideal grand scale? If you’re just in this to just, you again, have this hobby mindset, you will fail and failure is okay, but you need to realize you’re building a business. What is the plan for scale? What is the grand ambition? What is the ideal circumstance you want to reach? And then what resources do you need to get there? I think the second most important thing is Choosing your business partner wisely. And I’m emphasizing business partner like it’s almost a requirement. Sure, you can get to a certain level by yourself. You know, there’s that saying, if you want to go fast, go alone. If you want to go far, go together. You need a partner. Nobody has expertise in everything. So figure out what your core competencies are. If you can’t, failure will do that for you. Figure out what you do enjoy and then go find a business partner who complements your skills or compensates for the things that you’re not skilled at. And together. that you and that person can build something really immense and double your time. Because I think the biggest dilemma, particularly in entrepreneurship, historically has been, how do you duplicate yourself? You get to a certain point, how do you find somebody else who will work as hard as you, who’s as motivated as you, who’s as passionate about you? And I think in this age of AI, it doesn’t take a founding team of six anymore. You, another competent person, and three AI agents can really get to a place where you can scale effectively and efficiently in three years. So you just have to think about the grand perspective and not treating it as a hobby. And I think that’s half the way to success and release that inhibition of failure. know the stakes get greater as we get older, but imagine, you know, I mentioned Warren Buffett earlier, if he thought that way, imagine if George Washington thought that way, if Martin Luther King thought that way, like anything worth doing is hard. So get over it, get out there and do it and fail. Take those lessons, apply it to the next thing until you succeed. Nick McGowan (28:01.332)I think something to point out with. George Washington, Buffett, anybody else. Like there are times where I bring up purpose and people are like, well, I don’t know if my purpose is supposed to be the next Steve Jobs or something. No, that was his. Let him have his. You do yours. George Washington, Buffett, everybody else had these thoughts of like, this is where I want to get to. This is what I want to do. But it wasn’t like, I’m going to do this because it’s deep in my heart that I’m going to become George Washington or Buffett or whatever else. They had to actually build upon those things. And there are people that just want to have a solo business. There are people that want to have a small business. And by small, I mean, you know, a few handful of employees, maybe they make millions of dollars, but like, it’s a group of a small group of people. There others that want to have a huge bustling business of hundreds of employees and all of that. But I think it’s important for us to actually talk to ourselves about, do you want it? Because you want the ego of purposes of, have all these employees. I have all these things. Look at the boat that I have that I never get into because I have to work and manage all these employees. What’s the actual purpose underneath that? And I think as a creative and the people that are creatives, we can rely on the creativity inside of us because that’ll always nudge us along. It’s sometimes really hard to listen to. I’m sure you’ve experienced some of that going through probably years where you’re like, it’s hard to listen to it. I’m being creative, but I’m not really being creative. You’re getting paid to be a creative, but you’re basically like churning things out or using of stuff and not really creating but everybody’s like well this looks amazing and you’re like I fucking hate it and I hate you and I hate all this stuff so leave me alone. So for people that are in that spot right now and really for the people that are on their path towards self mastery what sort of advice would you give to them? Vincent Wanga (29:47.938)Well, speaking specifically to creatives, I think you can relate. We have a very unique mindset when it comes to certain things. And I think people misdiagnose us that our advantage is somehow attached to our hands and the software and skills. It’s our mentality in the way that we think. For example, the way we solve problems are completely different. What most people would see as an obstacle, we see as a challenge and we use our creativity to get around it. With the systems that we build, the solutions that we build, that’s what we get paid for. So I think that is an invaluable skill when, whether it’s business or your nine to five is remembering that that is your core competency and your greatest value that you bring is your ability to uniquely solve problems. And that’s why we are employed in every single industry in the world and have survived all kinds of efforts to remove us from those industries. And they keep coming back to us because of that skillset. think in addition to that, you just have to really be prepared for change. And we are an adaptable force. Look at all of the journeys that we’ve been through from the digital revolution and the elimination of print to interactive and AI, all of these things we are at the bleeding, cutting edge of. So we are in a natural position to be early adapters, to see and flesh out these new emerging technologies and see if they’re viable or not, and then use them to our advantage in a competitive sense against some of our non-creative peers in order to thrive. it while others are being replaced by it. So I think we need to recognize our power in that context and use that to our advantage. I’ll also add that you look at the highest level of leadership, a CEO, right? They have immense powerful responsibilities, but the number one is to create vision. They create the vision like Steve Jobs saying, I want a thousand songs in your pocket. And then it trickles down to the rest to execute and to figure out how to make that vision a reality. So vision is a creative mindset. creatives have visionary mindset. So why can’t creatives be those same CEOs? We just lack the business acumen. And I think if I was a creative in that position, that’s the first thing I would balance and start studying is what business skills do I lack that can compliment this thing that is very rare, which is that creative mindset that could make me unstoppable in the marketplace. And I am on this mission in my life to help creatives become more entrepreneurial, to think more business minded because the hardest skill we already have. Vincent Wanga (32:15.498)So having that balance that yin and yang between the creativity and conceptual and the analytical and business mindset will really put you in a place where you will be much more successful than if you try to pursue anything with just one mindset or the other. Nick McGowan (32:30.736)Yeah, what a cool way to be able to put that too. It’s like just being resourceful in that sense. You know, if you think from a basic creative perspective, if you’re just sketching, we need paper or something to draw on. You need the pen or pencil or whatever. And then you need the time. You need these pieces to do these things. So any of these things are like, well, what pieces do I need? Even to the fact about the partners, it’s like, what am I lacking here? What am I not a 10 at? And what does somebody else attend at that I could even just Have some help with some people don’t want to take on partners. They want to do the business by themselves I think that’s where coaches mentors come into play to be able to say I’ve been through this and before here’s some suggestions Here’s how you can go about it. Even just that fact of like just reaching out and having some of those conversations There’s somebody that’s out there. There’s some information that’s out there and I I Don’t want everybody to just lean on AI and everybody’s gonna do whatever they’re gonna do, but I do think that atrophies things I use AI at times. I mean fucking everybody does. It’s more so just being pushed on us at this point. But not literally just saying, I’m just going to hand this thing off and not understand how it is. Like you pointed out earlier, if you want to have a brewery, you have to be all these different things. And if all that is too much for you, don’t do it. If you just want to be a money person, then sure, be a money person and never show up. Maybe go and have a beer every once in a while and that’s it. That’s a whole different story though. Like where the fuck did you get that money from? Did you create a business to do that? know, or some Vincent Wanga (34:00.134)Sure. Nick McGowan (34:00.451)somebody handed to you. But being able to point that out and understand the resources of that and then what you’re good, what you’re not good at, I think it’s really good stuff, man. So I appreciate you bringing that up. It’s been a pleasure having you on. Before I let you go, where can people find you and where can they connect with you? Vincent Wanga (34:14.382)No, I really appreciate the conversation. Again, I speak all over the country and internationally. So if I’m in a conference in your area, please feel free to come up to me. And I love meeting new people, especially in different industries. In addition to that, have a website, VincentWongred.com, where you can see some of my other thought leadership across entrepreneurship, creative, design. Leadership is another thing I speak on often. I also have a book called The Art of Direction. personal perspectives on the path to creative leadership. So that is available through Amazon, Walmart, all the major online retailers and for special order at your bookstore. It’s a book about leadership. And I think that’s agnostic of just the creative industry and the unique, soft and hard skills that you need to make that leap that few people are prepared for. So it also very deeply personal and talks a little bit about my experiences and my journey and of course my failures and how that led to my success. And then you can also contact me on LinkedIn and Instagram through my website. Those are the primary ways you can get a hold of me. Nick McGowan (35:20.208)And again, it’s been pleasure having you on Vince. I appreciate your time. Vincent Wanga (35:23.478)Absolutely. Thank you,

Skeptical about what a 95-year-old billionaire can teach you about leadership, storytelling, and executive communication? That's fair, but Warren Buffett's final letter to his Berkshire Hathaway shareholders is worth studying for its clarity, humility, and sense of humor. In this episode, host Bradley Hartmans breaks down this masterclass in executive communication and leadership that every construction leader can learn from. Buffett's farewell isn't just an unusual corporate SEC filing—it's a roadmap for leading with legacy in mind.   In this episode you will: Discover why Buffett's best leadership trait might not be what you think (and how to apply it on your own job sites). Learn how focusing on emotional intelligence, gratitude, and long-term thinking can drastically improve how you lead your teams. Get practical storytelling and communication takeaways that will help you lead with more confidence and far less firefighting.   Listen now to learn how one of history's greatest business minds wrote his final message—and what it means for your leadership journey.   Click here to download a PDF of Buffett's final letter.    The Construction Leadership Podcast dives into essential leadership topics in construction, including strategy, emotional intelligence, communication skills, confidence, innovation, and effective decision-making. You'll also gain insights into delegation, cultural intelligence, goal setting, team building, employee engagement, and how to overcome common culture problems. Whether you're leading a crew or managing an entire organization, these conversations will equip you with tools to lead smarter and build stronger teams.     This episode is brought to you by The Simple Sales Pipeline® —the most efficient way to organize and value any construction sales rep's roster of customers and prospects in under 30 minutes once every 30 days. *** If you enjoyed this podcast, please leave a review on Apple Podcasts. Your feedback will help us on our mission to bring the construction community closer together. If you have suggestions for improvements, topics you'd like the show to explore, or have recommendations for future guests, do not hesitate to contact us directly at info@bradleyhartmannandco.com.  

Während Dietmar Deffner in Dubai die Sonne genießt, hat sich Holger Zschäpitz das „schwäbische Schlitzohr“ der Tech-Szene ins Studio geholt: Thomas Rappold, Silicon-Valley-Investor und Buchautor, redet Tacheles über den aktuellen KI-Hype und überrascht mit einer gewagten These: Für ihn gehört der Börsenliebling Nvidia 2026 nicht mehr zu den Top-Favoriten. Stattdessen erklärt Rappold, warum Alphabet (Google) für ihn das bessere Investment ist und wieso er jetzt massiv auf verprügelte Software-Aktien wie GitLab oder DocuSign setzt. Außerdem: Warum ein US-Steuergesetz („One Beautiful Bill“) den Tech-Boom 2026 neu entfachen könnte und welche Rolle „langweilige“ Aktien wie Visa oder Siemens Healthineers in seinem Depot spielen. Eine Episode voller konkreter Aktien-Ideen – von der „Everything-App“ für die persönlichen Finanzen bis zum Metaverse-Play Roblox. DEFFNER & ZSCHÄPITZ sind wie das wahre Leben. Wie Optimist und Pessimist. Im wöchentlichen WELT-Podcast diskutieren und streiten die Journalisten Dietmar Deffner und Holger Zschäpitz über die wichtigen Wirtschaftsthemen des Alltags. Schreiben Sie uns an: wirtschaftspodcast@welt.de Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutzerklärung: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Skippy and Doogles dive into the viral debate around “the real poverty line” and trust us, it's not $31,000… but it's definitely not $140,000 either.Then we turn to Ray Dalio's latest bubble commentary, unpacking what “80% of the way into a bubble” really means—and why cash, leverage, and forced selling matter more than clickbait headlines.Finally, we close with the heartwarming Wall Street Journal piece on Charlie Munger's final years. From yelling across rooms with Buffett to adopting new teenage friends at age 99, Munger kept compounding wisdom until the very end.Join the premium Skippy and Doogles fan club. You can also get more details about the show at skippydoogles.com, show notes on our Substack, and send comments or questions to skippydoogles@gmail.com.

Pastor and bestselling author Mark Batterson joins Bob to unpack one of the most misunderstood principles of growth: the way breakthroughs actually happen—gradually, then suddenly. From Warren Buffett's compounding to Jim Carrey's famed $10M check, to the long arc of ministry, writing, generosity, and family life, this conversation is a hopeful reset for anyone who feels "behind."   In This Episode Why most "overnight success" stories take decades What 95-year-olds say they would do differently (and how it should change our lives today) The "25-year time machine" mindset that makes ordinary moments priceless Why young adults often underestimate what God can do in 10–20 years How Mark pastors a church with seven properties and zero debt — and the long-term mindset behind it Turning your church "inside out": how NCC generates $2M/year through marketplace engagement The hidden power of giving goals (and the difference between getting vs. giving goals) The surprising truth about Buffett's wealth: it's not returns… it's time Mark's take on grand gestures, faith steps, and why God honors long obedience Bob's story of writing a 5-year giving goal that seemed impossible—and what God did What to do when your dream is taking way longer than you thought   Key Quotes "You'll overestimate what you can do in two years and underestimate what God can do in ten." —Mark Batterson "Faith is taking the first step before God reveals the second." —Mark Batterson "The greatest risk is taking no risks." —Mark Batterson "We decided to do a ten-year book launch. Let's give it a decade and see if it's any good." —Bob Lotich Timestamps 00:00 — Why get-rich-quick thinking never works 01:00 — Introducing Mark Batterson & the story behind Gradually, Then Suddenly 02:00 — What 95-year-olds regret most 04:00 — The "25-year time machine" for parenting and life 05:00 — Why we plan vacations better than our futures 07:00 — The power of long-range thinking (and why it's so rare) 08:00 — Why most people quit right before the breakthrough 10:00 — Bob's 10-year book launch strategy 12:00 — Early results vs. long obedience 14:00 — The myth of the fast start: Circle Maker sales + slow beginnings 16:00 — Teaching a generation to love "gradually" 19:00 — Mark's 29-year pastoral journey and miraculous property story 21:00 — Why NCC's venue generates $2M/year 24:00 — What church leaders can learn from marketplace strategy 28:00 — Jim Carrey's $10M check and the power of a grand gesture 29:00 — Bob's five-year giving goal that changed everything 32:00 — How giving goals open doors for God to move 34:00 — What to do with dreams that are taking too long 35:00 — Closing encouragement + where to get the book   Resources & Links Mark Batterson's new book: Gradually, Then Suddenly The Circle Maker by Mark Batterson Psychology of Money by Morgan Housel Perennial Seller by Ryan Holiday   If You Enjoyed This Episode Please leave a rating & review — it helps more people discover the show and live with biblical wisdom about money, purpose, and calling. BONUS: Ever dreamt of hanging out with us for 6 weeks in your small group or church? Head to https://seedtime.com/true for details or shoot us a DM on Instagram (http://instagram.com/seedtime).   If you haven't checked out our best-selling book Simple Money, Rich Life (https://seedtime.com/smrl/), we think you'll love it. It was named the 2022 Book of the Year by ICFH and has over 1,000 5-star reviews on Amazon, and is best described as "a money book for people who don't read money books."  You can take it for a test drive for FREE at https://SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.

Deezy looks at the Warren Buffett-style of investing and applies it to crypto. What are the most popular yield strategies and what do they pay out? https://coindepo.com/

We will talk about Warren Buffett's pile of cash and the concept of "controlled greed" in today's market.Today's Stocks & Topics: Prologis, Inc. (PLD), Market Wrap, Bright Minds Biosciences Inc. (DRUG), “Buffett's $382 Billion Cash Pile”, Heritage Global Inc. (HGBL), Tokio Marine Holdings, Inc. (TKOMY), Markel Group Inc. (MKL), Bristol-Myers Squibb Company (BMY), The Federal Reserve, Vanguard Mid-Cap Value Index Fund ETF Shares (VOE), Netflix, Inc. (NFLX), Barrick Mining Corporation (B), How A-I Influences Shopping.Our Sponsors:* Check out Incogni: https://incogni.com/investtalk* Check out Invest529: https://www.invest529.com* Check out NordProtect: https://nordprotect.com/investalk* Check out Progressive: https://www.progressive.com* Check out Quince: https://quince.com/INVEST* Check out TruDiagnostic and use my code INVEST for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

The Oracle of Omaha is officially "going quiet."  In a rare and deeply personal announcement, Warren Buffett published what appears to be his final press release to shareholders. This episode isn't about taxes, investing, or the latest market headlines. It's about how one of the most successful investors of all time is thinking about money, family, aging, and what actually matters when the scoreboard stops moving. In this Thanksgiving special, I break down: ▶ Why he chose to say this now (at age 95!) ▶ What retirement savers and investors can learn from his message ▶ How his parting wisdom can change the way you use your time and wealth If you've ever wondered what your future self might wish you'd paid more attention to today, this conversation is for you. Tune in for the deeper meaning behind Buffett's Thanksgiving sign-off ("yes, even the jerks") and what it reveals about redefining success in the second half of life. ***

Andy, Noah, and Corey reveal how investors can consistently earn double-digit returns without taking big risks. Using Warren Buffett's strategy with Occidental Petroleum (OXY) as an example, they explain how steady, fundamentals-based investing and smart options strategies can generate reliable cash flow and long-term growth. What You'll Learn in This Episode: - How to build consistent double-digit returns - Lessons from Buffett's OXY investments - How selling put options creates income and limits risk - Why dividends and cash flow drive lasting success - How to pair fundamentals with technical analysis Action Items: - Explore free resources at cashflowbonus.com

My guest on the show today is Kenny Chan, Founder and Portfolio Manager of Korwell Capital. Kenny is only 23, but he's built an investment philosophy rooted in the classics — Peter Lynch, Joel Greenblatt, Warren Buffett — and adapted with a modern, high-conviction approach. His north star: “Buy Phil Fisher–like businesses at Graham-like prices.” Kenny walks us through the four categories that define his framework: misunderstood Buffett-like compounders, deep Graham-style value plays, capital-cycle opportunities, and turnarounds. We discuss how he launched Korwell Capital straight out of college, and how investing his own convictions — not academic theory — drives his process. We dig into two examples that bring this to life. First, Advance Auto Parts, where Kenny saw a rare combination of capital-cycle tailwinds, industry consolidation, and a fixable integration problem — creating a classic turnaround at a very cheap price. Second, Trubar, which received a takeover bid on the day of our interview. Kenny breaks down why he viewed the company as a niche brand with a durable moat, why the sale undervalues its long-term potential, and the critical lesson he's taking away: understand management incentives before you invest. We wrap with Kenny's advice for aspiring managers — especially the importance of writing publicly, testing your theses, and building a network through the quality of your ideas. We talked about a number of companies in today's episode, Kenny is a shareholder of Advance Auto Parts and Trubar, and I am not a shareholder in any of the names mentioned. For more information about Kenny Chan and Korwell Capital, please visit: https://korwellcapital.com/ Planet MicroCap Podcast is on YouTube! All archived episodes and each new episode will be posted on the Planet MicroCap YouTube channel. I've provided the link in the description if you'd like to subscribe. You'll also get the chance to watch all our Video Interviews with management teams, educational panels from the conference, as well as expert commentary from some familiar guests on the podcast. Subscribe here: http://bit.ly/1Q5Yfym Click here to rate and review the Planet MicroCap Podcast The Planet MicroCap Podcast is brought to you by SNN Incorporated, The Official MicroCap News Source, and the Planet MicroCap Review Magazine, the leading magazine in the MicroCap market. You can Follow the Planet MicroCap Podcast on Twitter @BobbyKKraft

3 catalysts that will send stocks surging within six months. Plus, what to expect from Nvidia's (NVDA) earnings… Ford's (F) CEO just issued a major warning on the workforce… And is Berkshire (BRK.A) still relevant without Buffett? In this episode: Adrenaline put on an amazing show in Vegas! [0:20] How to play the market pullback [5:07] What to expect from Nvidia's earnings tonight [7:17] 3 catalysts that will send stocks surging within six months [20:30] Ford's CEO just issued a major warning on the workforce [30:02] Is Berkshire still relevant without Buffett? [37:01] Two great opportunities coming to Curzio One members [48:33] Did you like this episode? Get more Wall Street Unplugged FREE each week in your inbox. Sign up here: https://curzio.me/syn_wsu Find Wall Street Unplugged podcast… --Curzio Research App: https://curzio.me/syn_app --iTunes: https://curzio.me/syn_wsu_i --Stitcher: https://curzio.me/syn_wsu_s --Website: https://curzio.me/syn_wsu_cat Follow Frank… X: https://curzio.me/syn_twt Facebook: https://curzio.me/syn_fb LinkedIn: https://curzio.me/syn_li

Warren Buffett's surprise announcement this past May that he would be stepping down as Berkshire Hathaway's CEO lefty a few lingering questions that many ardent Berkshire followers wanted to know. Many of those questions were answered in this week's letter he penned to shareholders that will be his new Thanksgiving tradition. Tyler Crowe, Matt Frankel, and Jon Quast discuss: - The end of the government shutdown and the market's “meh” response throughout. - Buffett quietly exiting stage left and his lasting impact on all of us. - Stocks on our radar. Companies discussed: BRK-A, BRK-B, CSIQ, APPN, DECK Host: Tyler Crowe Guests: Matt Frankel, Jon Quast Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices