Podcast appearances and mentions of Charlie Munger

Harry Markowitz called diversification "the only free lunch in finance." In this session, part of Paul's series for Next Gen Personal Finance educators, Paul Merriman explains what that means in practice, and why a well-diversified portfolio can help investors stay the course through good markets and bad.Paul covers the history and math behind diversification, from Don Quixote's "don't put all your eggs in one basket" to Warren Buffett, Charlie Munger, and Sir John Templeton. He explains the three kinds of risk investors face (company, market, and asset class), and shows how the "lost decade" of 2000–2009 hit S&P 500 investors hard while more diversified portfolios kept growing.You'll also hear:How adding small "baby steps" of large cap value, small cap, and REITs added about 1% a year to returns since 1970Why the two-fund strategy (half S&P 500, half small cap value) may be less risky than it looksWhat a young investor putting away as little as $1,000 a year could build over a lifetimeA simple "ultimate buy and hold" for hands-off investors: a target date fund plus a slice of small cap valuePlus, Paul shares a free book from market historian Bill Bernstein.Watch on YouTube: youtu.be/MDqaIojI8TEFree book: If You Can: How Millennials Can Get Rich SlowlyTables and research: paulmerriman.com/data-tablesSend your questions to Paul at paul@paulmerriman.com (include "NGPF" in the subject line)

Train your brain to resist distraction, form your own opinions, and think like an intellectual. When every answer is one click away, we've forgotten how to enjoy the struggle of figuring things out. This episode explores the radical act of thinking more slowly in a fast-paced world. Modern life has made us intellectual snackers: we graze on headlines, notifications, and other people's opinions until our minds feel full on intellectual candy floss. Drawing on ideas from Cal Newport, Charlie Munger, and curious historical figures, we unpack why boredom, better information, and stronger memory are the unsung heroes of clear thinking. You'll learn: How to design an information diet that actually feeds your brain How to become comfortable enough with silence to let your own ideas emerge How to train your attention so it doesn't sprint away at the first ping. You don't need to turn into a monk, but hopefully this is a gentle nudge to think with more depth, nuance, and independence. SPONSORS ☺️ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠MOD.com⁠⁠⁠⁠⁠ Prescription Modafinil for energy and focus. Free consultation, free shipping and 10% off Promo code PSYCHOLOGY at ⁠⁠⁠⁠⁠MOD.com⁠⁠⁠⁠⁠

Could the incentives inside your business be encouraging the exact behaviors you're trying to eliminate? When three out of every four grades at the University of Michigan are As, changing how freshmen are graded raises a much bigger leadership question: What happens when the system rewards behaviors you never intended? The same problem can show up inside your construction business. Performance reviews become meaningless when everyone "exceeds expectations." Honest feedback gets avoided because it creates friction. And leaders can end up fixing the scoreboard instead of addressing the incentives driving the results. In this episode of the Construction Leadership Podcast, Bradley Hartmann uses the University of Michigan's grading policy as a case study and runs it through Charlie Munger's 13 mental models to uncover lessons you can apply to your own leadership decisions. You'll learn: ·       How to identify incentives that may be unintentionally encouraging the wrong behaviors on your team. ·       How Charlie Munger's mental models, including inversion, second-order thinking, opportunity cost, and margin of safety, can sharpen your decision-making. ·       Why creating a culture where honest feedback is safe and expected can make performance reviews more useful and your team stronger. Play this episode to learn how to examine the incentives behind your biggest leadership challenges and make better decisions before unintended consequences compound.   Download Charlie Munger's 13 Mental Models   Listen to Episode 566 of The Construction Leadership Podcast

What problem have you been trying to solve for far too long simply because you've already invested so much into it?   Leaders are taught to value grit, persistence, and the willingness to tackle hard problems. Those qualities can create tremendous value. They can also make walking away from a long-standing commitment incredibly difficult. In this episode, Bradley Hartmann explores Charlie Munger's famous "too hard pile," insights from investor Jeremy Giffon, and Peter Drucker's concept of intentional abandonment to help leaders recognize when a problem may no longer deserve their time, energy, and attention.   You'll learn: ·       How Charlie Munger's "too hard pile" can help you simplify difficult decisions and recognize when confusion itself provides valuable information. ·       Why experience, pattern recognition, and simple questions can help you uncover the issues that matter most. ·       Three questions for evaluating long-standing commitments, challenging sunk costs, and considering what could become possible when you reclaim your time, energy, and attention.   Play the episode to discover a practical way to evaluate the hard problems you're carrying and decide which ones still deserve your commitment.   Listen to the Acquired Podcast about Costco Listen to the Invest Like The Best Podcast featuring Jeremy Giffon Read the HBR article The Theory of the Business   At Bradley Hartmann & Company, we help construction teams improve sales, leadership,  and communication by reducing miscommunication, strengthening teamwork, and bridging language gaps between English and Spanish speakers. To learn more about our product offerings, visit bradleyhartmannandco.com. 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. Have topic ideas or guest recommendations? Contact us at info@bradleyhartmannandco.com. New podcasts are dropped every Tuesday and Thursday.   This episode is brought to you by The Construction Spanish Toolbox —the most practical way for construction teams to learn jobsite-ready Spanish in just minutes a day over 6 months.      

GESTIONNAIRES EN ACTION. On a beau aimer Warren Buffett, reste qu'à 96 ans, son départ pourrait générer un vent de fraîcheur chez Berkshire Hathaway, estime Vincent Fournier, gestionnaire de portefeuille à Claret. Le 18 septembre dernier, Berkshire Hathaway publiait un communiqué dans lequel elle confirmait que le légendaire investisseur, qui a célébré son 96e anniversaire le 30 août, quittait son poste de président du conseil d’administration «avec effet immédiat» pour devenir « président émérite ». Il sera remplacé par son fils, Howard G. Buffett, conformément au plan de succession établi de longue date. Vincent Fournier, gestionnaire de portefeuille à Claret, rappelle que le retrait de Warren Buffett s’est fait très progressivement. «La transition a tellement été bien planifiée que l’équipe de direction devrait garder une stratégie similaire à ce qui prévalait lorsqu’il était PDG», estime-t-il. «Il va peut-être y avoir de légères déviations artistiques avec la nouvelle équipe en place, mais la méthode, l'éthique et surtout la culture d'entreprise resteront inchangées», dit-il. Selon lui, les investisseurs ne devraient pas vendre les actions de Berkshire Hathaway (BRK.B, 505,18$US) parce que le milliardaire se retrouve dans un rôle beaucoup moins important au sein de l’entreprise qu’il a contribué à bâtir. «Berkshire Hathaway aujourd'hui, c'est l'équivalent d'un gros portefeuille diversifié. Ça ressemble un petit peu à un fonds commun combiné à une compagnie d'assurance. Ce qui fait la force de Berkshire, c'est le fait que c'est une compagnie d'assurance qui a possède des actions et des liquidités pour payer les assurés en cas de sinistres, alors que d’autres préfèrent détenir des titres obligataires», raconte-t-il. Une équipe de direction sous le signe de la continuité Il soutient que le plus grand changement chez Berkshire Hathaway est la taille de l’entreprise, dont la valorisation boursière est supérieure à 1000 milliards de dollars américains (G$US). «Si on regarde juste en dessous de Warren puis Charlie Munger (ce dernier est décédé en novembre 2023), on a Greg Abel qui est là depuis 1999 et qui est PDG depuis janvier. Il y a aussi Ajit Jain qui dirige les activités d’assurance depuis très, très, très longtemps. Ça fait 40 ans qu'il est avec la société. Puis on a déjà désigné son successeur lorsqu’il va prendre sa retraite : Charlie Shamieh», explique le gestionnaire de portefeuille. Il soutient que les dirigeants actuels sont tout autant outillés, intelligents et expérimentés. «Le deuxième point, c'est qu'on a beau aimer Warren Buffett, mais il a quand même 96 ans. L'arrivée d'une nouvelle garde, je pense que ça peut sincèrement apporter de bonnes choses, ou du moins, un vent nouveau pour l’entreprise à long terme», croit-il. Un risque à surveiller Vincent Fournier note un risque important que l’entreprise devra un jour affronter, soit celui du décès de son emblématique dirigeant. «On sait que, lorsque Warren Buffett va décéder, il va laisser une grosse partie de sa fortune à des œuvres de charité. Alors, est-ce que la vente des actions pourrait agir comme un vent contraire pour le titre de Berkshire? Ça reste à voir», dit-il. Selon Bloomberg, la fortune de Warren Buffett est évaluée à 145 G$US et la quasi-totalité de celle-ci est liée à Berkshire Hathaway. Chose certaine, l’entreprise possédait des liquidités de 365 G$US à la fin du mois de juin. Est-ce que la nouvelle direction pourrait retourner du capital aux actionnaires sous la forme d’un dividende spécial? Le gestionnaire de portefeuille pense que non. « Le fait que Berkshire Hathaway se garde autant de liquidités, c’est peut-être pour racheter les actions que Warren Buffett léguera à divers organismes de charité à son décès. Ces derniers vont alors vouloir vendre leurs actions pour financer leurs activités. Les liquidités pourraient servir, dans le fond, à ce que la société rachète les actions pour ensuite les annuler», raconte-t-il. Ce serait une bonne manière, selon lui, de diminuer grandement le nombre d’actions en circulation, ce qui équivaudrait à retourner du capital aux actionnaires.Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr

Today, we covered the breaking news of Iran's possible overture on opening the Hormuz Strait, followed by a breakdown of the market's strong risk-on reaction to news of strong demand for Meta's Muse personal AI assistant app, especially the cluster of stocks that rallied the most on the news. Elsewhere, a look at the state of play in FX and interest rates, geopolitical news flow and much more. Today's pod features Saxo Head of Commodity Strategy Ole Hansen and is hosted by Saxo Global Head of Macro Strategy John J. Hardy. Links Some color on the Meta-Amazon dispute, but you can do better if you want to understand the nature of the issue with an AI prompt like "How best to understand the nature of the Amazon-Meta dispute regarding the blocking of the Muse app and what is at stake in the big  picture for the two companies that lies adjacent to this issue." Wired magazine says that Meta's Muse is better at surveilling than at helping. Sounds about right if you use the Charlie Munger maxim "Show me the incentive and I will show you the outcome." Just remember, for Meta, you are the product. A writer who uses AI for some writing tasks but not for most writing says that you should be very careful before allowing AI to write for you, which can turn people away from wanting to every wanting to read what you write again. (HT FTAlphaville.) Did the "last veil of Bank of England independence" just drop last Thursday? PML Macro thinks so. (HT FTAlphaville.) Taleb acolyte Spitznagel argues (once again) that we are in for one big burst higher before an absolutely massive wipeout. The important thing is to be prepared for either scenario. The German political situation is getting fraught, as covered by Eurointelligence.com (see September 18 post on "Goodbye CDU" - their posts not associated with specific URLs  - there was an earlier post about France "A messy turn for the French presidential race" as well. Read daily in-depth market updates from the Saxo Market Call and the Saxo Strategy Team here. Please reach out to us at marketcall@saxobank.com for feedback and questions. Click here to open an account with Saxo. Intro music by AShamaluevMusic DISCLAIMER This content is marketing material. Trading financial instruments carries risks. Always ensure that you understand these risks before trading. This material does not contain investment advice or an encouragement to invest in a particular manner. Historic performance is not a guarantee of future results. The instrument(s) referenced in this content may be issued by a partner, from whom Saxo Bank A/S receives promotional fees, payment or retrocessions. While Saxo may receive compensation from these partnerships, all content is created with the aim of providing clients with valuable information and options.

Dr. Killeen explores Charlie Munger's advice to assume life will be difficult, then ask whether you can handle what comes. Drawing on Munger and the Stoic philosopher Epictetus, he discusses how hardship is inevitable, but our response to it remains within our control. For dentists, business owners, and anyone building something meaningful, setbacks are part of the process. The question is not whether we will face difficult blows, but whether we will allow them to break us or use them as opportunities to learn, grow, and behave in a way we can respect.

What I learned from reading Sam Walton: The Inside Story of America's Richest Man by Vance Trimble. Made possible by: Ramp: https://ramp.com Applovin: https://applovin.com Vanta: https://vanta.com/founders 0:00 — "To him, making money was only a game, a test of his imagination and expertise to see how far he could drive a business concept." 1:35 — "Sam's idea was absurdly simple: buy cheap, sell low, every day, and while doing it with a smile." 2:15 — "If he adopts a business course that doesn't work out, he's neither too vain nor too blind to see his mistake, to say so, and to change his heading one hundred and eighty degrees." 3:34 — "The secret is work, work, work. I taught the boys how to do it." — Sam's father 4:34 — "Sam Walton plunged into this new world of merchandising with the keen and furious dedication of a quarterback who was one touchdown behind with two minutes to go." 5:55 — "Boys, you know we don't make a dime out of the merchandise we sell. We only make our profit out of the paper and string that we save." — J.C. Penney 11:10 — "No, I'm not whipped. I found Newport, and I found the store. I can find another good town and another Ben Franklin. Just wait and see." — Sam Walton, after losing his first store 11:35 — "I insist on buying the building that the store is in. I need control over my own destiny." — Sam Walton, arriving in Bentonville 11:45 — "My store will be number one. It's important for me to be the best. Not one of the best. I must be the best. I want to be the leader in the category I compete in." — Sam Walton 13:05 — "Sometimes hardship can enlighten and inspire." 13:15 — "That same boredom and frustration triggered ideas that eventually bought him billions of dollars." 18:55 — "Many of our best opportunities were created out of necessity, the things that we were forced to learn and do because we started out under financed and under capitalized." — Sam Walton 19:30 — "If they had something good, we copied it." — Sam Walton 24:35 — "This is just part of the education process. I'm still learning." — Sam Walton, on his hands and knees examining a competitor's display 25:00 — "You can make a lot of different mistakes and still recover if you run an efficient operation, or you can be brilliant and still go out of business if you're too inefficient." — Sam Walton 30:55 — "Remember Walmart's golden rule. Number one, the customer is always right. Number two, if the customer isn't right, refer to rule number one." — Sam Walton 31:35 — "Move from Bentonville? That would be the last thing we'd do unless they run us out of here. The best thing we ever did was to hide back there in the hills and eventually build a company that makes folks want to find us." — Sam Walton 32:05 — "I had no vision of the scope of what I would start, but I always had confidence that as long as we did our work well and were good to our customers, there would be no limit to us." — Sam Walton 32:55 — "He also had a very interesting competitive strategy in the early days. He was like a prizefighter who wanted a great record so he could be in the finals. So what did he do? He went out and fought 42 palookas. And the result was knockout, knockout, knockout—42 times. Walton, being as shrewd as he was, basically broke other small-town merchants in the early days. With his more efficient system, he might not have been able to tackle some titan head-on at the time. But with his better system, he could sure as hell destroy those small-town merchants. And he went around doing it time after time after time. Then, as he got bigger, he started destroying the big boys. Well, that was a very, very shrewd strategy. It's an interesting model of how the scale of things and fanaticism combine to be very powerful." — Charlie Munger on Sam Walton's strategy 37:30 — "We have a low resistance to change. We call it our RC factor." — Sam Walton 39:45 — "Control your expenses better than your competition. This is where you can always find your competitive advantage. We rank number one in our industry for the lowest ratio of expenses to sales." — Sam Walton 48:20 — The day the market dropped 500 points and knocked a billion dollars off the value of his stock holdings in Walmart, reporters asked Sam what his reaction to the disaster on Wall Street was. He hadn't heard about it.

Warren Buffett spent sixty years proving that patience pays, which is awkward news for everyone selling a six-week millionaire course.In this episode of Mark and Pete, we celebrate Warren Buffett's investment philosophy, his business ethos and the unfashionable possibility that building something worthwhile might take a while. Quite a while, actually. You may need to sit down.As Buffett steps back from leading Berkshire Hathaway, we look at what made the “Oracle of Omaha” so extraordinary. There are the investment returns, obviously. Those rather startling numbers. But behind them sits an approach to business that sounds almost disappointingly sensible: understand what you own, pay a reasonable price, choose people you trust and give good decisions time to work.Then, apparently, resist the temptation to fiddle with everything.We explore Buffett's relationship with Benjamin Graham, the influential value investor and author of The Intelligent Investor. Graham taught him to look beyond the share price and examine the underlying business, with a margin of safety for when things go wrong. Because they do. Even when somebody has produced a very reassuring spreadsheet.Charlie Munger helped Buffett develop that approach further, recognising the advantages of buying excellent businesses at sensible prices. Something can be cheap for an excellent reason, as anyone who has bought a suspiciously affordable second-hand car will understand.There is plenty here about long-term investing, compound growth and Berkshire Hathaway's success. The Coca-Cola investment gives us a particularly striking example of what can happen when a business keeps earning and an investor keeps waiting. Though waiting, we should say, involves rather more judgement than simply forgetting your password.We also discuss Buffett's famously simple working habits and limited enthusiasm for email. He was never entirely without technology, but he does offer an interesting challenge to the idea that being constantly connected means being useful. Some of us have answered seventeen messages before breakfast and achieved absolutely nothing. Efficiently.For Mark and Pete, long-term thinking has long been something of a motto. Buffett gives us a chance to ask what that means beyond investing: in work, relationships, family life and the things we hope to leave behind.Our Christian perspective comes through Proverbs 13:11: “Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.” Patience, honesty, stewardship and generosity matter. They remain worth practising even if your portfolio is mostly a pension statement you are avoiding opening.Join us for a warm, occasionally wandering conversation about Warren Buffett, Benjamin Graham, value investing and the business principles behind an extraordinary career.Getting rich slowly may lack excitement. There are worse difficulties to have.

Durante mais de seis décadas, Warren Buffett ajudou a transformar a Berkshire Hathaway num dos maiores grupos empresariais do mundo. Aos 96 anos, o investidor passa mais uma parte da liderança à geração seguinte. O que vai mudar?See omnystudio.com/listener for privacy information.

Nový webinář ► 4 strategie, kterými buduji majetek na akciovém trhu: https://go.tradesmart.cz/live2026/Přihlaste se na bezplatný webinář v neděli 27.9. od 19 hod.Proč má běžný člověk větší šanci vybudovat majetek cestou Warrena Buffetta než cestou Elona Muska?V novém díle podcastu Otázky, co mají výnos se bavíme o tom, jak přemýšlejí největší investoři a podnikatelé na světě – Warren Buffett, Charlie Munger, Jeff Bezos nebo Elon Musk – a co si z jejich přístupu může vzít obyčejný člověk.Proč je skutečné bohatství většinou neviditelné? Proč nesmíte přerušit složené úročení? Jak miliardáři rozpoznávají výjimečné příležitosti a proč se nejdříve ptají, co je může připravit o peníze?O podcastu "Otázky, co mají výnos":V investování nerozhodují jen odpovědi, ale především správně položené otázky. Právě ty, které mají potenciál přinést skutečný VÝNOS. Proto jsme vytvořili tento podcast, kde každý týden v neformální a srozumitelné diskuzi odpovídáme na vaše nejčastější dotazy ze světa akcií, tradingu a budování bohatství.Tato série je vaším kompasem, pokud s investováním začínáte, nebo si chcete upevnit základy. Naším cílem je dát vám praktické odpovědi, které potřebujete pro vaši cestu k finanční svobodě.⚠️ PŘEKLOPTE TEORII V REÁLNÉ VÝNOSY ⚠️ ► Vstupte do DK Investičního Klubu a přidejte se k více jak 1600+ investorům zde

Jack Forehand and Matt Zeigler explore portfolio diversification, hidden bond-fund risks, AI inflation and the competitive advantages that help great businesses compound. Drawing on conversations with Chris Mayer, Robert Hagstrom, Jared Dillian, John Kerschner and Michael Contopoulos, this Excess Returns Weekly Wrap examines how to build a portfolio you can stick with and why your investments should account for the risks in your working life.Topics covered:Chris Mayer's invisible moats: how culture and execution can sustain high returns on invested capital.Why Robert Hagstrom sees potential mispricing in competitive advantages that are difficult to measure.Jared Dillian's challenge to Charlie Munger's advice about enduring 50% drawdowns.The Awesome Portfolio, risk tolerance and why comparing everything with the S&P 500 can undermine diversification.How debt-weighted bond indexes can leave investors with more interest rate risk than they expect.Understanding duration and the fixed income sectors that core bond funds can overlook.The case that AI spending, energy demand, labor shortages and rising wealth are inflationary today.How to judge whether AI threatens a business by tracking its most important operating metrics.Why value investors hold losers too long and how a few big winners can carry a portfolio.Dillian's life hedge: accounting for career risk, employer stock and human capital when investing.Timestamps:00:00 AI backlash and this week's investing lessons05:03 Robert Hagstrom on invisible moats and mispricing09:05 Jared Dillian challenges Munger on 50% drawdowns13:05 Risk-adjusted returns and the benchmarking trap17:15 The interest rate risk hiding in core bond funds22:04 Understanding your bond fund's duration28:23 Why AI's inflation costs can precede its benefits33:25 Why value investors struggle to sell37:53 The life hedge: when your job and stocks fall together42:47 Investing alongside clients versus managing personal riskLearn more about the Excess Returns podcast network:https://excessreturns.coNo information discussed in this podcast should be construed as investment advice. Securities discussed may be held by the hosts and guests, their firms or their clients.

Jared Dillian joins Matt Zeigler to discuss The Awesome Portfolio, his approach to asset allocation built around 20% each in stocks, bonds, gold, cash, and real estate. They explore how diversification, annual rebalancing, and managing volatility can help investors reduce financial stress and build a portfolio they can stick with through bear markets.Jared explains his "life hedge" concept, challenges conventional wisdom about stock market drawdowns, and shares how losing half his net worth during the financial crisis shaped his investing philosophy.Buy The Awesome Portfolio Bookhttps://amzn.to/3Tf3of7Topics covered:Why Jared questions putting your entire life savings in the S&P 500How the Awesome Portfolio differs from Harry Browne's Permanent PortfolioIncluding home equity when measuring your overall asset allocationWhy volatility and frequent portfolio checking can lead to costly decisionsThe life hedge: protecting against your job and investments declining togetherWhy Jared disagrees with Charlie Munger about tolerating large drawdownsIndex concentration, changing correlations, and the limits of diversificationThe portfolio's historical backtests, including its losses in 2008 and 2022Annual rebalancing, cash reserves, inflation protection, and cryptocurrencyManaging FOMO and taking practical steps toward a less stressful retirement portfolioTimestamps:00:00 Jared Dillian's case against an all-stock portfolio06:33 The five equal allocations in the Awesome Portfolio11:07 Why "never sell" can become a behavioral trap15:26 The life hedge: when your paycheck and portfolio fall together20:38 Risk-adjusted returns and S&P 500 concentration24:49 Why rising interest rates hurt diversification in 202228:51 Backtested losses in 2008 and 202234:26 Combining home equity, retirement accounts, and savings38:58 Cryptocurrency, portfolio distractions, and FOMO44:31 The Death of Equities and lessons from past crashes48:44 How diversification could have changed Jared's financial crisis53:41 First steps toward reducing portfolio risk before retirementLearn more about the Excess Returns podcast network:https://excessreturns.coNo information discussed in this podcast should be construed as investment advice. Securities discussed may be held by the hosts and guests, their firms or their clients.

ชีวิตคนเรา เปรียบเสมือนการเดินเรือในมหาสมุทร  วันไหนคลื่นลมเป็นใจ พัดไปทิศทางที่ต้องการ...เราก็จะบอกว่าวันนั้นเป็นวันที่ดี แต่วันไหนคลื่นลมไม่เป็นใจ เรือต้านทานพายุไม่อยู่...วันนั้นย่อมกลายเป็นวันที่แย่ Sci x Fi วันนี้ พามาเรียนรู้วิธีบังคับเรือชีวิตของคุณปู่ Charlie Munger คู่หูการลงทุนที่คุณปู่ Warren Buffett ไว้ใจที่สุด ว่าตลอดชีวิตเกือบ 100 ปี คุณปู่มี ‘วิธีคิด' และ ‘การควบคุม' เรือชีวิตอย่างไรให้แล่นผ่านมาได้…แม้ในวันที่โชคไม่เข้าข้าง  ต้อง นนทพงศ์ มาร่วมพูดคุยกับ ดร.โก้ พงศกร สายเพ็ชร์ อาจารย์พิเศษ Scientific Research and Presentation มหาวิทยาลัยมหิดล หลักสูตรนานาชาติ ในรายการ ‘SCI x FI' 0:00 Intro 2:38 เปิดรายการ 5:55 ชีวิตวัยเด็กของคุณปู่ Charlie Munger 19:43 สิ่งที่ควรเรียนรู้จาก Charlie Munger 30:40 จุดเริ่มต้นการลงทุน 37:24 คู่หู คู่คิด ‘Charlie Munger & Warren Buffett' 42:50 เมื่อ Charlie Munger สูญเสียตาซ้ายไปถาวร 50:34 Charlie Munger ใช้เงินไปกับอะไรบ้าง? 52:48 สมองยังต้องทำงาน แม้จะสูงวัยแล้ว 57:38 ถอดบทเรียนชีวิต 100 ปี Charlie Munger #WealthMeUp #ใช้แรงทำเงินให้เงินทำงาน #CharlieMunger #WarrenBuffett #ลงทุน #นักลงทุน

Most people think they're investing. David Bahnsen thinks they're speculating — and there's a profound difference. The founder and chief investment officer of the Bahnsen Group, which manages over $10 billion in client assets, joins Newt to discuss his new book, Profit from the Profit: The Past, Present, and Future of Dividend Growth Investing. Bahnsen argues that dividend growth investing isn't merely a smart income strategy — it's the only coherent investment philosophy for people who want to own something real rather than gamble on price. He and Newt explore why the "grow now, dividends later" advice most young investors receive is historically flawed, what the dot-com bubble and the Cisco paradox reveal about today's AI boom, how the Hollywood consolidation mess perfectly illustrates CEO ego destroying shareholder value, and why Charlie Munger was right: the big money is in the waiting.See omnystudio.com/listener for privacy information.

Why do smart, ethical people sometimes make disastrous decisions? In this episode of DarrenDaily On-Demand, Darren Hardy unpacks a principle borrowed from legendary investor Charlie Munger: incentives don't just influence behavior; they drive nearly all of it. He walks you through the collapse of one of America's most celebrated companies as proof that a single misaligned incentive can quietly wreck an entire organization, then hands you a practical checklist for auditing the incentives driving your sales team, your marketing goals, and even your own household. If the results you're getting aren't the ones you want, Darren makes the case that the fix has nothing to do with trying harder and everything to do with what you're actually rewarding. Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.

Vijftien jaar stond hij aan het roer van Apple, maar vandaag is toch echt zijn laatste werkdag. Morgen draagt ceo Tim Cook het stokje over aan zijn opvolger, John Ternus. Die wacht dan weer een grote klus: Apple blijft achterlopen in AI. Aan hem de taak daar wat aan te doen. Deze aflevering kijken we wat John Ternus te wachten staat. Maar we blikken ook terug op het nalatenschap van Tim Cook, de eerste ceo ná oprichter Steve Jobs. En iemand die belachelijk goed zorgde voor aandeelhouders: de keizer van kapitaalallocatie. Verder hebben we het over Fed-baas Kevin Warsh. Hij werd aangesteld door president Trump om de rente te verlagen. Maar het ziet ernaar uit dat hij het tegenovergestelde van plan is. Als de inflatie niet onder controle komt, moet hij ingrijpen, waarschuwt hij. Wat dat voor jou betekent, gaan we bespreken. Verder in deze aflevering: Een Zuid-Koreaans aandeel dat is verdubbeld dit jaar, en het is géén techbedrijf! De eerste op aarde die levenslang is verbannen van voorspelmarkt Kalshi: ex-Congreslid George Santos, die gokte op zijn eigen aanwezigheid bij de State of the Union van Trump Waarom BYD lager staat ondanks goeie cijfers Een tegenvaller bij InPost Ruzie tussen een Chinees chipbedrijf en het Pentagon Te gast: Jean-Paul van Oudheusden van eToro en Markets Are Everywhere BNR Beurs is een journalistiek onafhankelijke productie, mede mogelijk gemaakt door Saxo. Over de makers: Jelle Maasbach is presentator van BNR Beurs en freelance financieel journalist. Zijn favoriete aandeel om over te praten is Disney, maar daar lijkt hij de enige in te zijn. Sinds de eerste uitzending van BNR Beurs is 'ie er bij. Maxim van Mil is presentator van BNR Beurs en journalist bij BNR, waar hij zich focust op de financiële markten en ontwikkelingen in de tech-wereld. Je krijgt hem het meest enthousiast als hij kan praten over ASML, of oer-Hollandse bedrijven zoals Ahold of ABN Amro. Jorik Simonides is presentator van BNR Beurs, economieredacteur en verslaggever bij BNR. Hij wordt er vooral blij van als het een keer níet over AI gaat. Je hoort hem ook in de BNR-podcast Moerdijk: dorp van de rekening. Milou Brand is presentator van BNR Beurs, freelance podcastmaker en columnist bij het Financieele Dagblad. Jochem Visser is presentator van BNR Beurs, maakt Beursnerd XL en is redacteur bij de podcast Onder Curatoren. Vraag hem naar obscure zaken op financiële markten en hij vertelt je waarom het eigenlijk nóg leuker is dan je al dacht. Over de podcast: Met BNR Beurs ga je altijd voorbereid de nieuwe beursdag in. We praten je in een kleine 25 minuten bij over alle laatste ontwikkelingen op de handelsvloer. We blijven niet alleen bij de AEX of Wall Street, maar vertellen je ook waar nog meer kansen liggen. En we houden het niet bij de cijfers, maar zoeken ook iedere dag voor je naar duiding van scherpe gasten en experts. Of je nu een ervaren belegger bent of net begint met je eerste stappen op de beurs, de podcast biedt waardevolle inzichten voor je beleggingsstrategie. Door de focus op zowel de korte termijn als de lange termijn, helpt BNR Beurs luisteraars om de ruis van de markt te scheiden van de essentie.See omnystudio.com/listener for privacy information.

Dust off that giant binder of scratched CDs you definitely didn't throw away because apparently funny podcast history has come full circle: physical media is making a comeback.The show kicks off with the surprising resurgence of CDs, with sales jumping while vinyl growth slows down. Why? Turns out paying nearly $40 for a new record eventually makes people reconsider the humble compact disc. Gen Z is getting into CDs, independent record stores are stocking more of them, older cars still have CD players, and there's something comforting about owning music that can't suddenly disappear from a streaming service. Moon also realizes those boxes of old band CDs might not be useless relics after all. Congratulations to everyone who refused to clean out their basement. Your moment has arrived.Then Crap on Celebrities takes us directly into the wildly expensive world of Hollywood memorabilia. A screen-matched mosquito-in-amber prop from the original Jurassic Park sells for more than $400,000, while Christopher Reeve's Superman gear and John Travolta's famous Saturday Night Fever suit also bring ridiculous money at auction.Naturally, this becomes less about collecting important pieces of movie history and more about whether you're morally obligated to PUT THE COSTUME ON.Because if you spend hundreds of thousands of dollars on Superman's costume just to leave it behind glass, what are we even doing here?The crew also gets into entertainment news, including the changing timeline between theatrical releases and streaming, Toy Story 5, a live-action Scooby-Doo prequel, and Ghost taking a hiatus after Tobias Forge admits he doesn't currently have a clear vision for the band's next album. We salute a man willing to say, “I don't know what the next thing is yet,” instead of releasing twelve remixes and a commemorative popcorn bucket.Then there's Grand Theft Auto.The latest massive GTA preview sends the room into gamer mode as the crew talks about the gigantic map, Jason and Lucia's evolving relationship, smarter cops, surveillance cameras, changing disguises, massive police chases and an enormous story that could consume roughly 80 hours of your life.So basically, Rockstar has created a second full-time job, except this one lets you steal cars.The funny podcast chaos keeps rolling with Paris Hilton landing on a list of influential people in artificial intelligence because of her advocacy surrounding privacy and non-consensual AI-generated media. Then the hunt for the next James Bond gives everyone a chance to evaluate candidates with the rigorous casting standards you'd expect from three guys who immediately nominate Mr. Bean.And finally, we tackle one of the most important databases ever assembled: tall and short rock stars.Chris Novoselic. Danny Carey. Mick Fleetwood. Buckethead. Joey Ramone. Billy Corgan. Angus Young. Prince. Glenn Danzig. Stevie Nicks. The measurements are flying, everyone suddenly seems either seven feet tall or legally eligible for a booster seat, and we discover once again that stage presence apparently adds about eight inches.Throw in celebrity birthdays, Luis Guzmán appreciation, Warren Buffett confusion, Charlie Munger confusion, additional Charlie confusion, and the traditional descent into nonsense, and you've got another funny podcast from The Rizzuto Show.Physical media is back. Movie props cost more than retirement. GTA may require PTO. And Danzig is still Danzig at any height.That's enough education for one day.Follow The Rizzuto Show → linktr.ee/rizzshow for more from your favorite daily comedy show.Connect with The Rizzuto Show Comedy Podcast online → 1057thepoint.com/RizzShow.Hear The Rizz Show daily on the radio at 105.7 The Point | Hubbard Radio in St. Louis, MO.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

¿La inteligencia artificial ya alcanzó la AGI? ¿Podríamos estar entrando en la singularidad sin darnos cuenta? En este episodio de Mundo Futuro explicamos la diferencia entre inteligencia artificial general, superinteligencia y singularidad tecnológica, y debatimos qué podrían significar para el futuro de la humanidad conceptos como el transhumanismo, el posthumanismo y la extropía. También analizamos el creciente movimiento contra las cámaras de vigilancia Flock en Estados Unidos y los riesgos de combinar reconocimiento automático, inteligencia artificial y bases de datos capaces de seguir nuestros movimientos. Además, hablamos de la vacuna personalizada de Moderna contra el melanoma, un posible tratamiento genético para reducir la lipoproteína(a) y el avance de China en la carrera por desarrollar cohetes reutilizables que compitan con SpaceX. En las recomendaciones: Poor Charlie's Almanack, de Charlie Munger; Las 48 leyes del poder, de Robert Greene; y el crecimiento de los webtoons como nueva fuente global de historias para series, películas y videojuegos.

What if a few simple mental models could help you spot costly mistakes before they happen and make better decisions under pressure?   Construction leaders make decisions every day with incomplete information, competing priorities, limited capacity, and consequences that may not become obvious for months or even years. Developing better mental models can help you challenge assumptions, recognize blind spots, understand incentives, calculate risk, and make smarter decisions when there isn't an obvious right answer.   Drawing on the wisdom of Charlie Munger, Bradley Hartmann breaks down 13 mental models and shows how they apply to leadership, decision-making, and building a stronger construction business.   In this episode you'll discover: ·       How inversion, second-order thinking, and learning from mistakes can help you anticipate problems before they become expensive. ·       How understanding your circle of competence, opportunity costs, and margin of safety can lead to smarter decisions about growth, capacity, and risk. ·       How incentives, probabilistic thinking, compound interest, and a latticework of mental models can help you build stronger teams and make better long-term decisions.   Play the episode to learn 13 practical mental models you can start using to reduce blind spots, avoid preventable mistakes, and make better decisions as a construction leader.   Download Charlie Munger's Top 13 Lattice Work of Mental Models Download The Better Decisions App   At Bradley Hartmann & Company, we help construction teams improve sales, leadership,  and communication by reducing miscommunication, strengthening teamwork, and bridging language gaps between English and Spanish speakers. To learn more about our product offerings, visit bradleyhartmannandco.com. 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. Have topic ideas or guest recommendations? Contact us at info@bradleyhartmannandco.com. New podcasts are dropped every Tuesday and Thursday.   This episode is brought to you by The Construction Spanish Toolbox —the most practical way for construction teams to learn jobsite-ready Spanish in just minutes a day over 6 months.        

Welcome to the Monday Minute – your weekly reset to lead better, think clearer, and build your independent dealership with intention. Sponsored by Auto Analytix.Every pay plan in your dealership is sending a message right now. It is telling your team what you value, what you reward, and what success looks like. The question is whether that message is the one you actually intend to send – or whether your compensation structure is quietly driving behavior you never asked for.In this episode, Jeff and Luke get into the pay plan conversation most dealers only have after something goes wrong. Jeff makes the case that an hourly employee's only incentive is to show up for the hours – and if that is all your pay plan rewards, that is exactly what you are going to get. The carrot is where they go. Every time. The best dealers design compensation around the behaviors that actually make the dealership successful – collections protecting cash flow, salespeople following up after hours, technicians catching problems before they become customer complaints – and they are not afraid to rework pay plans when the goalposts move, because in this business the goalposts are always moving. One of Jeff's favorite Charlie Munger lines frames the whole episode: show me the incentive and I will show you the outcome. Luke adds the layer most dealers overlook entirely – the non-monetary benefits that build loyalty and culture without showing up on a payroll register. Flexible schedules, paid training, a Friday off after a great month, public recognition in front of the team. Those things tell an employee they are more than a dollar sign – and they cost almost nothing compared to what turnover does.Your assignment this week: pull every pay plan in your dealership and ask two honest questions – am I rewarding the behaviors I actually want, and do my employees clearly understand how they are being paid? Confusion in a pay structure does not just create frustration – it makes people quit. Research what the local market is paying and make sure you are competitive without overextending. Identify at least one non-monetary benefit you can add that costs little but signals a lot. Then build a compensation structure that rewards your team, protects your dealership, and is sustainable enough to last – because rolling out a new pay plan that breaks your cash flow is a real outcome too.Review this week's Sunday newsletter at TheIndependentDealer.com for the full theme and exercises.Not subscribed yet? Sign up now.https://theindependentdealer.us19.list-manage.com/subscribe?u=603446580871d8522a454418d&id=50aae74348Let's build this together.

The Learning Leader Show with Ryan Hawk www.LearningLeader.com The Price of Becoming is a USA Today, LA Times, and Publishers Weekly Best-Seller! www.LearningLeader.com/Becoming This is brought to you by Insight Global. If you need to hire one person, hire a team of people, or transform your business through Talent or Technical Services, Insight Global's team of 30,000 people around the world has the hustle and grit to deliver. Blake Mycoskie founded TOMS Shoes in 2006 after a trip to Argentina, where he saw children without shoes and built a company around giving away a pair for every pair sold. TOMS went on to donate more than 100 million pairs of shoes and became one of the most copied business models in the world. What most people don't know is what happened after he sold it, and I'm grateful that he was open to talking about that on this episode of The Learning Leader Show. Key Learnings Make your gratitude specific. Not "I'm grateful for my family." Name the exact thing. Blake's example from that morning: the photos the camp posted of his daughter laughing in the lake, and knowing his stoic kid does not smile like that unless she is genuinely happy. He kept the practice going for five years when he couldn't feel any of it. Blake could not name five things he was grateful for, and he had all the same things in his life he has now. He did it anyway. He credits it as one of the things that kept him going. Surfing is a great thinking practice. Surfing is mostly just sitting on the board. Three hours in the water, ten waves, maybe five minutes standing. The rest is paddling and sitting. That's why it works as a thinking practice. Capture the idea in the moment or lose it. Blake programmed the side button on his Apple Watch to open a voice memo. Every idea he has sitting on the board, he records. They're all waiting when he gets out. He hit every marker and still felt worthless. "I did everything, and I still, deep down in my soul, had this feeling like I'm not worthy, I'm not enough, and I never will be." The external validation was the drug. Selling TOMS cut off the supply. The thing that had been holding up his sense of self was suddenly gone. If you get there and it's empty, don't panic. Panicking is what Blake did, and having money meant he could make expensive mistakes fast. Build the dream house. Get divorced. One thing after another. The emptiness may be the point. Blake's read on it: if achievement delivered what society promises, you'd never go inward. Feeling hollow at the summit is what forces the inner work. He re-patterned the sentence he'd been telling himself since childhood. The old one was "you're not enough." He replaced it with "I am enough. I've always been enough." Twenty minutes every morning and every evening. Forty straight days. It worked, and he no longer needs to do it daily. Sometimes you just need a physical cue to catch the loop. That's the whole idea behind the bracelet he wears. Not magic. A reminder on your wrist that interrupts the thought. Give the second one away. Blake found the bracelet's real power was handing one to a friend. Now you're both wearing it, you're both in on it, and there's an unspoken agreement that neither of you has to have a bad day alone. Men are worse at building that than women are. Tell your kids they're enough, and keep telling them. They're going to get the opposite message from everywhere else, which is exactly why it has to come from you repeatedly. Blake says the relaxation you'll see in them is immediate. Be brutally honest about how hard the job is. Try to talk them out of it. Blake is the last interview in the process now. If he can lay out every negative and they still desperately want it, the commitment is real. "How many people did you convince not to take the role before you got the right person?" Most leaders slip into sales mode, talk the candidate into it, and end up talking themselves into the candidate. What he screens for during the interview process: Integrity first. If it isn't there, it surfaces fast now. Attitude second. The person who never says "that's not my job." Whether they're building a resume or joining a movement. Find the people who cover what you're bad at. Blake is a storyteller, a vision-sharer, and high energy. He is not a supply chain guy, not a finance guy, and he has trouble saying no. So he hired around it. That's what let him actually be the chief shoe giver instead of pretending to be a CEO. Don't wait for permission. Most people stand in line at the front door. Blake looks for side doors. In Argentina he had no investors and no plan, just an idea and the words One For One. Ryan's version for his kids: everyone can apply online. Drive to the restaurant and go talk to the manager instead. Having no experience was the advantage. He'd never made a shoe, so he didn't know which rules he was breaking. Same with outdoor advertising. Same with driver's ed. He learned it from Richard Branson: ask forgiveness, not permission. Nashville wouldn't allow advertising, so he sold art instead. Blake spent two years with the city council and got there by removing the ad from the ad. No price, no call to action. Just album covers on the sides of buildings, called country music art. Once one artist had one, they all wanted one. He sold the company to Clear Channel. You don't attract what you want. You attract what you are. Want honest friends, be honest. Want peace at home, bring peace. Want trust, practice it when nobody's watching. Blake applies it to customers too: sloppy companies attract sloppy customers, and that's usually the real reason the business fails. Charlie Munger got asked how to get a great wife. He said: deserve one. Be known for doing what you said you'd do. Early on Blake didn't have the skills, so he built the reputation on execution instead. Move fast, keep it simple, do it with integrity. Momentum is a form of trust. The other half of that is not overpromising. Blake's own failure mode is getting excited, feeling falsely confident, promising something big, and missing. When it happens, own it fast and be honest, and the relationship usually survives. Be careful using a general-purpose chatbot as a therapist. Blake's warning, and the reason the founders of Sonia built a purpose-built tool instead: the big consumer models are designed to make you feel good about yourself. If you need to hear something hard, that's the last thing you want. He went from skeptic to advisor in six months. Blake met the Sonia founders at a mental health conference, tried the app to be polite, and by the third session was getting insights he hadn't gotten elsewhere. He now spends five to ten hours a week helping them. His reason for loving the work: "Now I get to be the coach instead of the athlete." Stop chasing balance. Design for harmony. Blake picked this up from an executive at Cannes who said she'd given up on balance. He goes hard in phases. Full dad mode with the office waiting on emails. Then all in on a launch and missing things at home. The measure isn't evenly split day to day. It's whether, over a year, everyone in his life feels like they got what they needed to thrive. Including him. Reflection Questions What did you actually feel grateful for today? Not the category. The specific moment. What is the sentence you've been repeating to yourself since childhood, and is it true? In your last hire, how hard did you try to talk them out of it? Or did you spend the interview selling them, and then sell yourself? More Learning #598: Sam Parr - Bold. Fast. Fun. Living by a Mantra & Building a Media Company #547: Dr. Michael Gervais - Stop Worrying About What Other People Think of You #676: Jesse Cole - Built for The Fans (The Owner of the Savannah Bananas)  Episode Chapters 00:00 Meet Blake Mycoskie 01:38 Surfing is Great for Deep Thinking 03:41 Make Your Gratitude Specific 05:39 Blake Sold TOMS and Fell Apart 11:20 Advice for Those to "Make It" and Feel Nothing 13:23 "I Am Enough" and the Bracelet on His Wrist 17:35 The No Magic Pill 19:41 The Risk of Chatbot Therapy 22:42 A Surgeon Dad, a Bestselling Mom, and the Pressure Nobody Said Out Loud 25:13 Telling Your Kids They're Enough 31:31 How He Got Country Music Art on the Side of Buildings 35:15 Learning to Be Proud of TOMS Again 38:49 Hiring Around Your Weaknesses 41:25 Try to Talk Them Out of the Job 45:07 You Don't Attract What You Want. You Attract What You Are. 46:54 Don't Wait for Permission 48:34 Be Known for Doing What You Said You'd Do 50:02 The Champagne Question: Harmony, Not Balance 52:28 EOPC

Top gold miners are earning margins above $3,000 an ounce, yet Jonathan Wellum says their stocks are still priced as if gold were far lower. Why he sees a rare gap between commodity cash flow and mining stock prices. Jonathan Wellum, CEO and CIO of RockLinc, joins Maggie Lake to explain why commodities and mining may be one of the most overlooked opportunities in the market. He connects Trump's push to revive US mining, deglobalization, and Western dependence on China for critical minerals to a simple imbalance: the world is demanding more copper, silver, uranium and gold than it produces, while capital keeps flooding into AI. He also lays out why mining equities lag their own cash flow, how he separates precious metals from critical minerals, and where he is cautious on the AI build-out. What Wellum covers: - What Trump's mining roundtable and the reshoring push mean for critical minerals - Why mining stocks lag despite record free cash flow and expanding margins - The debasement trade, record central bank gold buying, and a debt-driven case for hard assets - Precious metals versus critical and industrial minerals, and how RockLinc chooses among copper, uranium, silver, gold and potash - Charlie Munger's circle of competence, and why an ETF can beat picking junior miners - Reshoring beyond the miners, and why he is cautious on the AI CapEx story

How to grow your personal brand when you have no content team, no budget and 20 minutes to learn it.Caleb Ralston was an integral part of the team that helped grow Gary Vee's TikTok from 300,000 to over 3.5 million followers in 3 months and helped take Alex and Leila Hormozi from about 1 million to over 11 million followers.Then he left, started his own firm Ralston Select and put a six-hour personal branding course on YouTube for free. In this episode of Authority in the Wild he compresses that course into the steps a solo founder cannot skip.We cover:- Student or expert: the first question every personal brand has to answer honestly- The Brand Journey Framework, the 4 questions to answer before you post anything- Why the selfish goal behind your personal brand is the one that funds the altruistic one- The Charlie Munger inversion for finding what you need to be known for- Picking a content cadence that survives running a business (Caleb started with one video a month)- What the Gary Vee documentation model looks like in 2026- Views versus conversionsTimestamps(00:00) A 6-Hour Course in 20 Minutes(00:55) Where Every Personal Brand Starts(02:54) 4 Questions to Answer First(07:36) Is Personal Branding Selfish or Altruistic?(09:49) The Reputation That Opens Doors(13:14) How to Actually Know Your Audience(14:11) Finding Time When You Have None(17:36) Do Views Actually Matter?About Caleb RalstonCaleb Ralston is a personal brand strategist. He served as TikTok lead on Team GaryVee and was the first content hire for Alex and Leila Hormozi at Acquisition.com, where he built the in-house media team. He now runs Ralston, a consulting firm that builds personal brands optimized for trust rather than virality, and his full six-hour personal branding course is free on YouTube.Connect with Caleb RalstonWebsite: https://calebralston.comYouTube: https://www.youtube.com/@CalebRalstonLinkedIn: https://www.linkedin.com/in/calebralstonInstagram: https://www.instagram.com/calebralstonConnect with Gabe MaruscaWebsite: https://www.gabemarusca.comYouTube: https://www.youtube.com/@gabemaruscaLinkedIn: https://www.linkedin.com/in/gabemarusca/Instagram: https://www.instagram.com/gabemarusca/X/Twitter: https://x.com/gabemarusca

I'm reposting today an interview that Matt Zeigler kindly conducted with me recently. It just so happens that today is my birthday, which makes it feel like the right moment to share this deeply personal conversation about a chapter in my life and career when uncertainty was at its peak and the road ahead felt anything but clear.In this impromptu conversation, recorded one summer morning, I reflect on what happened during that time, what I learned from it, and how those experiences continue to shape me today. Along the way, you'll hear stories and moments I've never shared publicly before.I also encourage you to read the thoughtful profile Matt wrote about me on his wonderful Cultish Creative blog, linked here. While you're there, take some time to explore—and follow—his beautifully written, thoughtfully curated work. I'm grateful for the care and generosity he brings to every conversation and every story he tells.Bogumil Baranowski joins Matt Zeigler to explore why failure is feedback and how persistence can turn rejection, uncertainty, and personal obstacles into life-changing opportunities. Bogumil shares his journey from Poland to a career in New York investing, the green card rejection that nearly ended it, and the unlikely path that eventually led him to ask Warren Buffett and Charlie Munger a question at the Berkshire Hathaway annual meeting.Topics covered:Why failure should be treated as feedback rather than defeatWhat Joseph Moore's struggle to publish How to Get Rich in American History teaches about resilienceHow personal conviction helps people continue when success appears statistically unlikelyWhy creating a podcast can preserve valuable conversations and connect overlooked ideasHow podcast hosts cross-pollinate insights between investors, authors, and thinkersBogumil's decision to leave Europe and build an investing career in New York CityThe visa challenges and green card rejection that almost forced him to leave AmericaHow hope and persistence helped him restart the immigration processThe unlikely story of asking Warren Buffett and Charlie Munger a question at Berkshire HathawayWhy obstacles can help people develop strengths that others do not possessHow an outsider's perspective can create an advantage in investing and creative workWhy people should embrace the experiences that make them differentTimestamps:00:00 Why some goals become things you have to do03:00 Joseph Moore and the history of getting rich06:04 Why location matters when building and preserving wealth08:20 Failure is feedback09:30 Why important ideas often face rejection13:03 Turning private conversations into a public podcast16:40 Learning through other people's experiences18:08 Cross-pollinating ideas between great investors20:24 Bogumil's decision to pursue investing in New York21:42 Visa problems and a rejected green card application24:00 Starting the immigration process again26:14 Why persistence matters more than the size of the goal27:46 Asking Warren Buffett and Charlie Munger a question31:42 Why failing is part of trying33:53 The unexpected connection to The King's Speech35:29 Turning perceived weaknesses into strengths37:29 Where to find Bogumil's writing and podcastsPodcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

What if your service drive became one of your dealership's most powerful—and consistent—vehicle sales channels? In this episode of Service Drive Revolution, Chris Collins, Hogi, and Adam reveal how dealerships can turn everyday service appointments into organic sales and trade-in opportunities without making customers feel pressured. The key isn't occasionally sending a salesperson into the drive—it's building a dedicated system where sales and service operate as one team. You'll discover how to: • Embed dedicated salespeople inside the service department • Use equity mining to identify the right opportunities • Incentivize advisors to facilitate strong customer handoffs • Introduce trade-in conversations before the appointment • Acquire valuable used inventory without relying on auctions • Use maintenance programs to create familiarity, trust, and retention • Build toward the future "portfolio manager" model—one person managing the customer's entire ownership journey The team also breaks down leadership lessons from Hard Knocks, explains why attention reveals a leader's true priorities, and explores how great systems make exceptional performance repeatable. If your dealership has "tried selling from the service drive" before and it didn't work, this episode will show you what was probably missing. #ServiceDriveRevolution #FixedOps #AutomotiveLeadership #AutomotiveSales #ServiceDrive #DealershipTraining 

Value investing spent fifteen years out of fashion. This year, it's beating the index almost everywhere you look — energy up roughly 20%, industrials 17%, healthcare 15%, utilities 14%, financials 12% — while the S&P 500 sits near 8–9%. This week we dig into the return of value investing and what the greatest investors of all time can teach us right now. On this week's Money On Tap, we go deep on the tradition that runs from Benjamin Graham through Warren Buffett and Charlie Munger: buying good businesses at sensible prices, collecting the dividends they pay you, and letting compounding do the heavy lifting. We explain why value went dark from roughly 2009 to 2025 — cheap money was rocket fuel for growth stocks — and why higher interest rates have flipped the script: growth borrows, value pays you. We connect the rotation to worn-out tech traders taking gains, the 401(k) flywheel, and the demographic engine underneath it all — roughly 10,000 baby boomers reaching retirement age every day, all needing present-day income. Plus Pepsi's 53-year dividend streak and a candid conversation about when mutual funds and ETFs stop making sense and direct stock ownership starts. What you'll learn:The sector scoreboard: energy ~20%, industrials ~17%, healthcare ~15%, utilities ~14%, financials ~12%, staples ~9% — vs. the S&P 500 near 8–9%Graham vs. Buffett: buy cheap and sell at fair value, or buy outstanding businesses and hold for decadesMunger's rule: "The big money is not in the buying or the selling, but in the waiting"Why low interest rates buried value for fifteen years — and why higher rates brought it backMargin of safety: the idea that protects you when you're wrongWhy money is rotating into companies that pay you to own them — dividends over promisesThe demographic engine: 10,000 boomers a day retiring and the demand for present-day incomeThe compounding story: Buffett's American Express dividends now exceed his entire original investment — every yearWhen funds stop making sense: the case for direct stock ownership at higher net worthPlus Money In The News:SpaceX says it's coming for AT&T, Verizon, and T-Mobile customers — but does satellite cell service actually work?The Treasury has refunded $100 billion in invalidated tariff revenue to companies — and none of it is coming back to youA tale of two housing markets: luxury demand surges while starter-home buyers finally see inventoryWant a white paper on this week's topic? Email us at info@yourmoneyontap.com and we'll send it over. Read our most recent Blog Post on this topic here: https://www.fmgwebsites.com/d772de05-9833-44e4-9676-f510f85cef74/blog/the-return-of-value-investing-why-boring-profitable-companies-are-winninSchedule a free consultation: https://app.greminders.com/t/9f3ce72e/initialconsultaBrowse the full Money On Tap library: https://www.brayshawfinancial.com/money-on-tap Contact UsPhone: 855-226-8551Email: info@yourmoneyontap.comOffice: 116 South River Road, Bedford, NH 03110Web: brayshawfinancial.comSecurities and advisory services offered through Osaic Wealth, Inc., member FINRA/SIPC. All other services offered through Brayshaw Financial Group, LLC are independent of Osaic Wealth, Inc. Osaic Wealth, Inc. and Brayshaw Financial Group do not provide tax or legal advice. Index and sector figures cited are approximate year-to-date values as of the air date, drawn from sources believed reliable, and subject to change. Dividend payments are not guaranteed and may be reduced or eliminated at any time. Past performance is not a guarantee of future results.What is value investing and why is it working again in 2026?Value investing means buying strong, profitable, often dividend-paying companies at sensible prices and holding them patiently — the approach built by Benjamin Graham and made famous by Warren Buffett and Charlie Munger. It struggled while near-zero interest rates favored growth stocks, but higher rates flipped the equation: in 2026, value sectors like energy (~20%), industrials (~17%), and healthcare (~15%) are outpacing the S&P 500's roughly 8–9%. The appeal is simple — instead of borrowing to chase growth, these companies pay shareholders real income today, and reinvested dividends compound over decades.

El concepto de "retiro a los 65" es una trampa que casi nadie cuestiona. En este extracto hablamos de por qué la verdadera libertad financiera no tiene una edad fija, y de lo que Warren Buffett y Charlie Munger nos enseñaron sobre nunca dejar de trabajar. Este es un fragmento del episodio completo.

In this episode of Business Coaching Secrets, Karl Bryan and Rode Dog welcome Shoots for a raw, high-energy roundtable on the realities of building a thriving coaching business. They unpack the psychology of ultra-successful entrepreneurs, the truth about social media "results," how to break the cycle of procrastination, and strategies that actually get business owners to take action. The trio also share frameworks for social media client attraction and finish with a practical "moment of zen" to help coaches push through setbacks and build lasting confidence. Key Topics Covered The Grant Cardone Situation & Ultra-Success Drive Shoots analyzes the legal scrutiny around Grant Cardone, highlighting how relentless pursuit of "more" brings both massive success and massive risks. Key insight: Many household-name entrepreneurs are driven by a deep need for significance and love, which is often misinterpreted as a desire for only money and fame (06:09). Why Ultra-Successful People Often Feel Lonely Even massive financial and societal wins may not create the belonging or love successful people crave (07:12). The bigger the success, the more people often want something from you — not for you. Procrastination, Identity, and Fear: Why Clients Don't "Just Do It" The panel lays out the flywheel of procrastination: Procrastinate → Panic → Guilt → Excuses → Repeat (11:49). The root causes? Fear (often fear of judgment) and flawed self-identity. Coaches are challenged to uncover real drivers, not just address surface-level "procrastination" (13:32). "Net-Net" Explained—Financial Clarity for Coaches Shoots demystifies "net-net," emphasizing how it's the true take-home profit after every deduction — and why coaches must educate clients to look beyond surface figures (10:09). Effective Social Media for Coaches—The Lurkers Matter The person who eventually buys probably won't "like" or comment on your posts. Focus on consistency, not vanity metrics (18:17). Deliver Level 1-2 content, resist the urge to "freestyle," and use frameworks, not random tactics (20:28). Road-tested client examples show big ticket clients come directly from "silent" social followers (19:43). How to Actually Get Clients & Deliver Value Serve first. Provide meaningful insight and help, not just offers. Stick to simple and fundamental principles; complexity repels, simplicity converts (21:19). Powerful Mindset Shifts—Detachment and Self-Validation Rejection is inevitable; client losses, event flops, and setbacks are often a sign you're being nudged in the right direction (28:09). Happiness comes from expectations management, not just outcomes—Charlie Munger's "lower your expectations and increase your happiness automatically" (30:05). Notable Quotes "A king that knows the limits to his desires will rule a lifetime. A king that doesn't… gets taken out." — Shoots "The more you push your success on someone, the less successful they'll make you feel." — Shoots "The problem is always a symptom of a cause. The problem is generally one of two things: fear, and identity." — Shoots "Lurkers are the ones that buy." — Shoots "You're only happy if life meets your expectations… Lower your expectations, and increase your happiness automatically." — Shoots "Don't give your identity away… All you need is within you now. Do you love yourself enough to let it come out—and stay out?" — Shoots Actionable Takeaways Dig Deeper than Procrastination: When a client "won't do the work," look beyond excuses and identify core fears or misaligned self-image. Serve Before Selling: Reach out and help business owners even if it's not a sales call. Be curious, be useful, build trust (16:39). Use the Flywheel Model: Notice procrastination, panic, guilt, and excuses as a cycle. Reframe client conversations to break the loop. Social Media Framework: Be consistent—frequency is less important than not disappearing. Focus on fundamentals, not advanced tips that confuse. Speak to the "five years ago" version of yourself. Use trending content but add your unique angle. Never freestyle—use proven frameworks and scripts. Accept that "lurkers" (non-engagers) drive sales. Ignore vanity metrics. Mindset Reset: Focus on actions you control ("three meaningful conversations a day"). Lower expectations to protect happiness and resilience. Remember: The universe (or your setbacks) may be steering you toward a better outcome. Reframe Rejection: Whether it's lost clients or failed promos, see rejection as vital feedback, not an indictment of self-worth. Resources Mentioned Profit Acceleration Software™ (by Karl Bryan) — for coaches to demonstrate value to prospects AI Business Coaching Dojo (AI agent to automate social posts with a profit-first message) Networking Groups: BNI, local chambers of commerce (implied as valuable from previous system references) Daily Email: Karl Bryan's tactical business coaching email (sign up at focus.com) Books/Thought Leaders: Warren Buffett, Charlie Munger, Tony Robbins, Bob Proctor Loved this episode? Subscribe, share, and leave a review. Ready for more actionable strategies? Head to Focused.com for a demo of Profit Acceleration Software™ and grab your daily dose of client-winning insights.

What if the goal isn't to be right, but to be less wrong, over time? Charlie Munger didn't chase brilliance. He built a philosophy. A quiet system for navigating uncertainty, grounded in psychology, humility, and a refusal to follow the crowd. In this episode, we explore what it means to develop “worldly wisdom”—a latticework of mental models that help you see reality more clearly. This isn't about hacks or shortcuts. It's about choosing to think differently. To question your instincts and notice where bias creeps in. Every decision you make is a vote for the person you become. And most people are voting blindly. Munger's approach offers an alternative: deliberate thinking, grounded in first principles and sharpened by inversion. Redefine success as avoiding preventable mistakes Build your own latticework of mental models across disciplines Practice arguing against your own beliefs to sharpen judgement The shift is subtle, but once you see it, you can't unsee it—so the question is, what will you do differently next? NEW SHOW - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠How to Change the World: The History and Future of Innovation⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn about the evolving story of the human species and our ideas told in chronological order. The podcast is full of fun facts, surprising stories and philosophical insights. Found on all major podcast players: Spotify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://open.spotify.com/show/1Fj3eFjEoAEKF5lWQxPJyT⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Apple - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/how-to-change-the-world-the-history-of-innovation/id1815282649⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@HowToChangeTheWorldPodcast⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ --- UPGRADE to ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠:

Ryan Hawk arrived at Miami University the day after high school graduation, with a plan to earn the starting quarterback job and make it to the NFL. Two years later, a 6'5" kid from somewhere in Ohio showed up and took the job away from him. That kid turned out to be Ben Roethlisberger. What Ryan did with that moment became the entire foundation of The Learning Leader podcast, one of the most respected leadership shows in the country, and his new book The Price of Becoming. He joins Joe and OG to talk about the habits, frameworks, and daily actions that compound into something exceptional -- and what to do when the plan doesn't survive contact with reality.What You'll Walk Away WithCoach Hepp's three-sentence leadership philosophy that Ryan has never forgotten: have a plan, work the plan, and plan for the unexpectedWhy being told "he gives us a better chance to win than you do" was the most valuable coaching Ryan ever received -- and what it teaches about adding value versus wanting creditThe imitate-then-innovate framework: why The Beatles were a cover band first, why Wayne Gretzky took handwritten notes watching players smaller than himself, and why copying the greats isn't theft -- it's the fastest path to finding your own voiceRyan's first draft pick for becoming exceptional: a five-to-ten minute nightly prompt exercise built around one Charlie Munger question that compounds like a great investmentWhy truth tellers -- people willing to look you in the eye and tell you what you need to hear rather than what you want to hear -- are the most underrated asset in any high performer's lifeThe superpower Ryan has found in every great leader he's interviewed across 11 years and hundreds of conversations: deep, specific curiosity -- and why it's the ultimate form of showing loveSweat more than you watch other people sweat: Scott Galloway's physical discipline framework applied to every area of lifeThe Brock Purdy late-round pick: why bringing a notebook to every meeting -- something almost no intern or young employee does -- is the single easiest way to stand out and learn fasterThe boomerang kids debate: why nearly half of Americans under 30 now live with a parent, when OG thinks it's a great idea, when he thinks you suck, and why it only works if there's a real plan with a real end dateJames from the community: how retiring at 52 let him become his daughter's bank in a hot real estate market -- loan document, market rate, free labor but zero say in the houseWhy This Matters NowThe gap between people who become exceptional and people who almost do isn't talent -- it's the daily actions they're willing to stack. This episode is the practical blueprint for what those actions actually look like.From the BasementRyan Hawk joins Joe and OG to talk about getting benched, the imitate-then-innovate path from cover band to original voice, and the five draft picks that build a great life -- including one that Joe immediately connects to hiding money from himself. The Wall Street Journal's piece on boomerang kids gives OG a platform to explain exactly when it's smart, when it's lazy, and why his kids should not take this as an invitation. Doug arrives with Cleveland trivia and the story of how a newspaper's cheap typesetting permanently changed the name of a major American city. James from the community sends a letter that makes OG quietly admit he was wrong about the appraisal.Resources MentionedThe Price of Becoming: The Compounding Practices of High Performance by Ryan Hawk -- available wherever books are soldThe Learning Leader podcast -- Ryan Hawk; available wherever you listen to podcasts; learningleader.comSteal Like an Artist by Austin Kleon -- referenced for the imitate-then-innovate frameworkSet for Life by Scott Trench -- referenced for Joe's kids; biggerpockets.comBroke Millennial by Erin Lowry -- referenced for Joe's kids; brokemillennial.comWall Street Journal -- "Living With Your Parents Is No Longer Viewed as a Failure to Launch" by Rebecca Picciotto and Nicholas G. MillerStacking Benjamins Field Kit -- stackingbenjamins.com/fieldkitStacking Benjamins Newsletter (The 201) -- stackingbenjamins.com/201Stacking Benjamins Community -- stackingbenjamins.com/basementSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In 1852, a mid-level postal surveyor named Anthony Trollope gave Britain its iconic red pillar mailbox. He also wrote 47 novels, most of them before breakfast, 250 words every 15 minutes with a pocket watch on his desk. When he told the truth about his method in his autobiography, critics wrote him off for decades. People wanted genius to descend like weather. Trollope knew it was assembled, a small daily task at a time.My guest today wrote his newest book exactly the same way: 100 words every morning before his family woke up, no misses, even on a cruise ship. Ryan Hawk is the host of The Learning Leader Show, one of the most listened-to business podcasts in the world with more than 650 conversations behind it. His new book, The Price of Becoming, starts with a question borrowed from Warren Buffett and Charlie Munger: if compounding can turn boring, consistent deposits into extraordinary wealth, what happens when you apply the same math to your life?In this conversation, we talk about:The nightly question Ryan borrowed from Charlie Munger: did I go to bed a little wiser than I woke up?Ryan's learning flywheel: fuel the intake engine, run experiments, pause and reflect, then teachWhy teaching is the most overlooked accelerant of learning, and why Ryan requires every leader he works with to regularly lead a trainingWriting what's true versus writing what's merely accurateHow Ryan wrote over 100,000 words starting with just 100 words a day, and why most of them were garbage (and why that's the point)Paul Rabil's 100 shots a day, no misses, and what it built beyond lacrosseWhy "any excuse softens the character," and why endurance beats brillianceThe free throw lesson my dad taught me: 121 in a row, and losing sight of the goal behind the goalWhy leading yourself is the part of leadership that never endsThis week's challengeDefine your hundred. One small daily act tied directly to who you're trying to become, small enough that you can do it on your worst day. A hundred words, twenty minutes of study, a sketch, a cold call, one page. Write it down, then do it every day for the next 30 days. No misses. And before you go to sleep each night, ask yourself Ryan's question: did I go to bed a little wiser than I woke up?ResourcesThe Price of Becoming by Ryan Hawk, available now wherever books are soldThe Learning Leader Show with Ryan HawkThe Accidental Creative by Todd HenryGet every interview in full, free, at DailyCreativePlus.comInfo on Todd's books and speaking at ToddHenry.comSince 2005, Daily Creative has served up weekly tips to help you be brave, focused, and brilliant every day. Mentioned in this episode:The Brave Habit is available nowMy new book will help you make bravery a habit in your life, your leadership, and your work. Discover how to develop the two qualities that lead to brave action: Optimistic Vision and Agency. Buy The Brave Habit wherever books are sold, or learn more at TheBraveHabit.com.To listen to the full interviews from today's episode, as well as receive bonus content and deep dive insights from the episode, visit DailyCreativePlus.com and join Daily Creative+.

Jay Woods, chief market strategist at Freedom Capital Markets, says that the market has a "Janet Jackson - What Have You Done for Me Lately" attitude, which has made earnings cycles particularly volatile, and he thinks that will be amplified with the earnings on tap right now powering market moves, especially around market misses. While he believes earnings will be strong, he warns in the Market Call that "prices may not follow them," particularly as the market enters its slowest time of the year around a mid-term election cycle. Woods says that the stock market has seen a healthy rotation, but he expects a pullback before a year-end rally; in the meantime, he warns against chasing rallies. Adam Mead of Mead Capital Management and Watchlist Investing — author of "The Complete Financial History of Berkshire Hathaway" — talks about the evolution of legendary investors Warren Buffett and Charlie Munger, how the company they ran is changing with Buffett's retirement and the legacy they will; have in the decades ahead. The new edition of the book was inspired after Mead saw Buffett at Berkshire's annual meeting after the nonagenarian announced his retirement. Plus, Chuck answers a listener's question about hiring a financial adviser and whether working with the brand-name firm that has renewed its nationwide advertising blitz on television would be all that it's cracked up to be. (Spoiler alert: Not exactly.)

You keep looking at the whole mountain instead of the next step. That's why you're stuck. In this episode, Niyi breaks down a simple mindset from Charlie Munger: you get ahead step by step, not in fast spurts. Using the analogy of a team down 3-0 in a seven-game series and a cross-country drive from Portland to New York, Niyi shows you how to stop drowning in the size of your goal and start focusing on the next milestone and the next best action. If you've been stuck in a pattern of overwhelm, procrastination, or avoidance around your big goals, this episode gives you a way out that doesn't require having it all figured out. Ready to break the pattern for good? Go to imnotyou.com/dominance and book a call.

Mohnish Pabrai's Interview with Kim Kiho at Knowledge Inside podcast on June 8, 2026. (00:00:00) - Introduction (00:01:44) - Lunch with Warren Buffett vs. Eric Schmidt; Introduction to Charlie Munger (00:11:47) - Impact of declining population of South Korea; SK Hynix, Samsung & Micron (00:17:19) - KOSPI  (00:17:57) - My Investment checklist - an inspiration from the FAA; Buffett's Dexter Shoes investment (00:25:27) - Three most important items in a checklist; IKEA & Amorepacific (00:31:19) - Active vs. Passive investing; Look for risk-free investments (00:35:10) - Investing in Turkey; Reysas (00:39:24) - The Dhandho investing: Heads I win, Tails I do not lose much (00:41:20) - Investing in AI; Do not buy shiny items (00:43:39) - How to build wealth; The Rule of 72 & The Manhattan island deal in 1623 (00:50:24) - Giving back; The Dakshana Foundation (00:53:52) - Advice to listeners 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. Views expressed on Chai with Pabrai are exclusively those of Mohnish Pabrai and not of any affiliated firm or organization.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Chris breaks down the surge in margin debt and leveraged ETFs, warning that investors chasing quick gains are taking on risks they don't fully understand. Drawing on Charlie Munger's famous advice—"liquor, ladies, and leverage"—he explains why avoiding shortcuts and investing with discipline is the real path to long-term wealth.

What gives an organization its spirit?According to Jay Doran, it isn't the logo, the mission statement, or the office. It's the people.In this solo episode, Jay explores one of the deepest leadership conversations of the series: if organizations borrow their spirit from the people inside them, then what responsibility do leaders have in protecting, restoring, and strengthening that spirit? Drawing from philosophy, psychology, business, and decades of experience advising founders and executives, Jay weaves together ideas from thinkers like Heraclitus, Peter Drucker, Warren Buffett, Charlie Munger, Pareto, and Price to examine why thriving cultures are never accidental. They're modeled, reinforced, and lived through leadership. Throughout the episode, he discusses:Why organizations don't possess spirit—people doHow leaders shape culture through words, thoughts, and actionsThe connection between trust, accountability, and organizational healthWhy great companies continually develop people while courageously addressing misalignmentThe hidden cost of complacencyThe relationship between leadership, responsibility, and influenceWhy meaningful work is found in the pursuit of shared purpose rather than the pursuit of happiness aloneJay also challenges listeners to think differently about leadership itself. Leadership is not simply a title or position of authority. It is the daily responsibility of bringing people back to what matters most and creating the conditions where individuals can flourish together. This is a philosophical episode for founders, executives, managers, entrepreneurs, and anyone committed to building organizations that people don't just work for—but genuinely believe in.Because culture isn't something you write on a wall.It's something leaders model every single day. 

Send us Fan MailRyan Hawk is a bestselling author, keynote speaker, and host of The Learning Leader Show, where he has interviewed more than 700 influential leaders, including CEOs, bestselling authors, elite athletes, military leaders, and entrepreneurs.His podcast is consistently one of the world's top business shows, earning millions of downloads annually. Ryan is the author of three leadership books, including the USA Today bestseller The Score That Matters. A former Division I quarterback and corporate sales executive, he now helps organizations develop leadership, excellence, teamwork, and high performance through speaking, coaching, and teaching around the world. His fourth book The Price of Becoming link to order is in the show notes. -Quick Episode Summary:Ryan Hawk discusses leadership, compounding growth, and embracing life's transitions.-Podcast Chapters:00:00 Introduction about Ryan Hawk06:23 Transitioning from athlete to former athlete08:00 Struggling with big game emotions10:02 At college orientation with my child14:04 Working with high-performing clients16:42 Initial business consultations22:32 Importance of self-truth and compounding23:09 Daily habits for success28:44 Starting a guest quote tradition30:31 Being prepared for the unexpected35:09 Building confidence through evidence38:28 Writing and research process39:14 Motivation and taking action44:17 Reflecting on personal growth-

What if the key to success isn't doing more—but avoiding what leads to the opposite of success?In this episode, we explore the powerful mental model of Inversion Thinking, popularized by the late Charlie Munger. Instead of focusing on what to do, you'll learn how identifying and eliminating self-sabotaging habits can transform your life.If you've ever felt stuck in your online business, relationships, health, or career, this episode gives you a simple but powerful framework to regain control and make meaningful progress.ACTION PLANDefine one area of your life where you want to startList the behaviors that could take you down the wrong roadIdentify what you are doing nowReplace the unfavorable behaviors with opposite actionsTo have an enjoyable life  in our global, advanced tech society, you have to create value.  To have the business, career, finances and lifestyle you desire, follow a proven path that has delivered in good times and bad...the path of entrepreneurship. And online entrepreneurship is the fast track for aspiring entrepreneurs.Learn the skills, access the resources and be inspired to live the life of your dreams right here on the Ready Entrepreneur podcastTo find more resources, strategies and ideas for aspiring entrepreneurs visit the Ready Entrepreneur website: https://www.readyentrepreneur.com/To download a free guide for Preparing to Become an Online Entrepreneur, click here:  https://www.readyentrepreneur.com/start/You can get an exclusive discount on the ebook and audiobook version of Recast: The Aspiring Entrepreneur's Practical Guide to Getting Started with an Online Business click here: https://www.caselane.net/recastConnect with CaseFacebook: @readyentrepreneurHQ Instagram: @readyentrepreneur Twitter X: @caselaneworld Pinterest @caselane 

Why do organizations lose their spirit?It happens to startups. It happens to family businesses. It happens to Fortune 500 companies. It happens to institutions that once seemed unstoppable.In this solo episode, Jay Doran explores one of the most important questions in business, leadership, and culture: what causes an organization to lose the very thing that made it special in the first place? Drawing from organizational psychology, leadership theory, business history, family enterprise dynamics, and cultural philosophy, Jay examines the invisible forces that shape organizations over time. He explores how founders influence culture, why values must be codified before they disappear, and how the transition from founder-led organizations to future generations often determines whether a company thrives or declines. Topics explored in this episode include:Why every organization eventually faces a loss of spiritThe relationship between founders and organizational identityHow culture survives after leadership transitionsLessons from Sam Walton, Walmart, Warren Buffett, Charlie Munger, and Berkshire HathawayWhy values matter more than policiesThe role of stewardship versus leadershipThe tension between preserving a legacy and creating the futureHow organizations become bureaucratic, disconnected, or stagnantWhy culture is ultimately carried through people, not documentsThe importance of codifying beliefs before they disappearJay also explores the idea that culture is not something an organization possesses. Culture is something people create, maintain, transmit, and reinvent through their behaviors, relationships, stories, rituals, and decisions. When those feedback loops weaken, the spirit of the organization begins to fade. At the heart of this conversation is a powerful realization:Organizations themselves are not the spirit.People are.The spirit exists in the space between leaders and teams, employees and customers, institutions and society. The challenge is not preventing change. The challenge is carrying forward what matters most while continuing to evolve. If you've ever wondered why some organizations endure for generations while others lose their identity along the way, this episode offers a deeper framework for understanding the invisible forces that shape every culture. 

I first heard of Guy Spier at Charlie Munger's Daily Journal meeting. I was sitting in the audience when a friend pointed to the silhouette of a man walking away from us and whispered, "That's Guy Spier." I had no idea who Guy was, but what struck me was the respect and deference in my friend's tone when he said Guy's name. I made a mental note to meet Guy when I got a chance. The post Guy and I – Ep 294 appeared first on The Intellectual Investor - Value Investing by Vitaliy Katsenelson.

If you've been saying you want to buy a business for years, your next move is HERE. Get your ticket to Main Street Millionaire Live and learn how to find deals, evaluate them, finance them, and own the upside: http://info.contrarianthinking.co/msmlbig-dealAlready a business owner? Growth Boardroom is where established owners tap in to a real board of advisors to find profit levers to find hidden cash their businesses. Check it out: https://contrarianthinking.biz/bdbrThe best investors in the world aren't gambling. They're copying. They're patient. And they're finding asymmetric bets where the downside is capped and the upside is unlimited.Mohnish Pabrai is a legendary investor who turned $1 million into $14 million in five years by openly copying Warren Buffett's playbook, and now manages $1.4 billion using the exact same principles that built Berkshire Hathaway. No secret formulas. No complex algorithms. Just discipline, patience, and the willingness to look for weird things that make no sense.In this episode, you'll learn:* Why you don't need original ideas to make money and how shameless cloning beats innovation every time* The 10 bet rule: why concentrating your investments in a few great businesses outperforms diversification by 10x* Why selling too early is the biggest mistake investors make* The downside protection framework: how to structure bets where you can't lose more than 10% but could gain 100x* Why most people fail at investing because they chase what's popular instead of looking for anomalies that make no sense ___________ (00:00:00) Introduction: Never Sell Your Winners Too Early (00:00:34) The Laws of Investing: Why Buffett Wrote the Physics of Money (00:01:04) Spend Less Than You Earn: The Nonlinear Power of Compounding (00:02:02) The 168 Hour Week: Don't Quit Your Job, Build Your Side Venture (00:03:46) Entrepreneurs Don't Take Risk: The Upside Without Downside Framework (00:08:12) Selling Skills and Unique Value Propositions: The Only Two Things That Matter (00:09:58) Shameless Cloning: Why Original Ideas Are Overrated (00:15:43) The 650K Lunch: How Warren Buffett Led to a Friendship with Charlie Munger (00:18:12) From One Million to Fourteen Million in Five Years: The Buffett Approach in Action (00:23:51) If Wealth Is Lost, Nothing Is Lost: Surviving 2008 and the Character Test (00:26:08) Finding 100-Bagger Investments: The Turkish Company That Went 100X (00:27:11) When to Sell: Only When It's Egregiously Overpriced (00:29:59) Looking for Anomalies: The Mental Model for Total No-Brainers (00:31:57) The Level 3 Communications Bet: Tripling Money on Fixed Income (00:36:31) Pokemon Cards and Rembrandts: Understanding Asset Classes and Circular Competence (00:41:30) The Truth Framework: Why Lying Weakens You and Honesty Creates Strength (00:47:26) Screening CEOs: The Competitor Question That Reveals Everything (00:49:35) A Day in the Life: Managing 1.4 Billion with Four People (00:52:57) Warren's Pinball Business: The Blueprint for Finding Great Business Models (00:55:58) Ambitious But Lazy: The Filter for Two-by-Four Business Opportunities ___________ MORE FROM BIGDEAL

David Leiter, author of Stop Making Stupid Investments and founder of The Ultimate Investor, joins Travis to share lessons from more than 30 years of investing in stocks and multifamily real estate. After experiencing both financial success and painful investment mistakes, David developed a disciplined approach inspired by Warren Buffett and Charlie Munger. In this conversation, he breaks down the difference between productive and speculative assets, explains why so many investors lose money chasing trends, and shares timeless principles that can help everyday investors build lasting wealth. On this episode we talk about: David's journey from going broke to building wealth through real estate investing Lessons learned from working at Credit Suisse during the dot-com bubble The difference between productive and unproductive assets Why investors repeatedly lose money chasing hot trends and market hype Practical investing principles inspired by Warren Buffett and Charlie Munger Top 3 Takeaways Successful investing starts with understanding the value of an asset, not simply following price movements or market excitement. Productive assets—such as businesses and income-producing real estate—create wealth because they generate cash flow and earnings over time. The best investors learn to be contrarian, buying quality assets when others are fearful rather than chasing opportunities when everyone is excited. Notable Quotes "If you do something right, you've done the work, potentially it pays you forever." "The biggest problem is time. Every mistake delays the power of compounding." "Communication, marketing, and investing are three of the most important skills you can learn." Connect with David Leiter: Website: TheUltimateInvestor.com YouTube: The Ultimate Investor Instagram: https://www.instagram.com/the_ultimate_investor/ Book: Stop Making Stupid Investments A Word from Our Sponsors: Today's episode is brought to you by our incredible sponsors whose support makes these conversations possible. Be sure to check out the products and services featured below and support the companies that help bring valuable financial education and entrepreneurial insights to the Travis Makes Money audience. - Are you ready to start your own creatorjourney and make it big? Visitwww.fanvue.com today and launch yourcareer! - To learn more about Mode Mobile and its investor community, go to https://invest.modemobile.com/travismakesmoney -Travis Makes Money is made possible by High Level – the All-In-One Sales & Marketing Platform built for agencies, by an agency.Capture leads, nurture them, and close more deals—all from one powerful platform.Get an extended free trial at gohighlevel.com/travis Learn more about your ad choices. Visit megaphone.fm/adchoices

Building wealth is just one piece of the puzzle to living a fulfilling life, but aligning purpose with financial success creates a powerful blueprint for long-term happiness. In this episode, William Green shares strategies and mindset shifts that can help you achieve not just financial freedom, but a meaningful, balanced life. He dives into how to create wealth while staying true to your values, navigating challenges, and ultimately building a life that reflects your true passions. Tune in to hear about the importance of living intentionally, making decisions with purpose, and using wealth as a tool to fuel your bigger vision for the future. In this episode, Darius and William will discuss: (00:00) The Power of Connection and Enlightenment (02:52) Impermanence and the Pursuit of Happiness (05:59) Balancing Complexity and Simplicity in Life (08:52) Creating Impact and Building Relationships (11:51) Navigating Life's Buckets and Non-Negotiables (15:04) Destination Analysis: Long-Term Thinking for a Beautiful Life (31:21) Investing in Peace of Mind (34:20) Navigating Life's Complexities with Kindness (37:05) A Memorable Encounter with Charlie Munger (46:55) Lessons from Charlie Munger on Ethics and Success (52:35) The Journey of Redefining Success and Wealth William Green is the author of “Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life,” a bestselling book translated into 26 languages and ranked #1 on Goodreads' “Top 100 Most Popular Investing Books.” Drawing on decades of interviews with legendary investors like Charlie Munger and Peter Lynch, the book offers deep insights into their strategies and successes. William also hosts the Richer, Wiser, Happier podcast, featuring top investors and thinkers, with episodes on the popular We Study Billionaires network. Connect with William:  Website: https://williamgreenwrites.com/  LinkedIn: https://www.linkedin.com/in/william-green-richerwiserhappier  Twitter: https://x.com/williamgreen72  Podcast: https://www.theinvestorspodcast.com/richer-wiser-happier/  Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/imthedarius/ YouTube: https://www.youtube.com/@Thegreatnessmachine  Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Write a review for The Greatness Machine using this link: https://ratethispodcast.com/spreadinggreatness.  Learn more about your ad choices. Visit megaphone.fm/adchoices

You're making more money than you ever have. Your net worth on paper looks great. And yet somehow, there's still too much month left at the end of the money. Joe, OG, Paula Pant, and Jesse Cramer dig into why high earners feel financially squeezed -- and why the answer is almost never what you think it is. Spoiler: it's usually not the lattes, it's not too many accounts, and it might not even be a spending problem at all.What You'll Walk Away WithWhy lifestyle inflation doesn't feel like inflation -- it feels like deserved progress, and why that's exactly what makes it so hard to catchThe crucial difference between feeling like you didn't save enough and actually not saving enough -- and why OG's take on this is the most useful thing in the episodePaula's one big fixed cost audit: why making a single large decision beats constantly making small DoorDash decisionsWhy tracking your spending is the calorie counting of personal finance -- only useful short-term, but powerful for getting an honest snapshot before you make any changesThe paper wealth trap: why a high net worth and strong portfolio can coexist with genuinely tight monthly cashflow and why people conflate themJesse's one-line-item challenge: find one thing on last month's credit card statement you wish you hadn't spent, cut it, and see what happens to your motivationWhy OG's advice to "just decide not to feel squeezed anymore" is less dismissive than it sounds -- and the number of times the actual math completely contradicted a client's feelingsThe boats conversation: why a good financial advisor's job isn't to tell you whether to buy the boat but to show you what it costs in terms of your actual goalsWhy comparing your savings rate to the FIRE community can make you feel terrible about saving an objectively impressive amount of moneyThe goal clarity test: if you can't articulate what you're saving toward in specific, time-bound, dollar-denominated terms, the squeezed feeling probably has nothing to do with your budgetWhy This Matters NowHousing, food, and transportation costs are genuinely higher. That part is real. But for a meaningful chunk of the people who feel financially squeezed, the math and the feeling are pointing in different directions. This episode is about figuring out which one you're actually dealing with -- and what to do differently once you know.From the BasementJoe, OG, Paula Pant, and Jesse Cramer work through the Wall Street Journal's reporting on why so many Americans feel financially squeezed even at high income levels -- and whether the problem is real, psychological, or both. OG is recording from a conference adjacent to Disney World and has opinions about wood delivery, boats, and people who feel bad about saving $87,000 a year. Paula gets the giggles. The trivia competition features a man who mowed Steve Wozniak's lawn and had the license plate to prove it. OG wins with suspicious precision. Ronald Wayne, who sold his 10% of Apple for $800 twelve days after founding the company, has a worse story than anyone on this podcast.Resources MentionedFinancial Samurai -- referenced for the lifestyle inflation quote; financialsamurai.comAfford Anything podcast -- Paula Pant; Joe joins most Tuesdays for listener Q&APersonal Finance for Long-Term Investors -- Jesse Cramer; current series: 14 risks in retirement, Charlie Munger inversion framework; two-part series now completeStacking Benjamins Vault -- stackingbenjamins.com/vaultStacking Benjamins Newsletter (The 201) -- stackingbenjamins.com/201OG financial planning calendar -- stackingbenjamins.com/ogStacking Benjamins Community -- stackingbenjamins.com/basementSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

You boxed up your FBA shipment, sent it in, and now your inventory is just sitting there. A sale, then nothing for three days, then maybe another a few days later. Your gut says drop the price. Your gut is wrong.   In this episode, Brian and Robin Joy close out the three-part Seller's Secret Edge series by unpacking the two advantages most resellers never learn to see. First, the Panic Window: the stretch between when your inventory goes active and when it's actually deliverable, where sellers tank their own prices on units that haven't even arrived, then wait two-plus weeks to get paid the same as everyone who held firm. Then the Sweet Spot, backed by Brian's analysis of 7,500 sourced ASINs.   Why a product with a two-week delivery date was never going to sell, no matter the price. Why the stadium hot dog costs eight bucks and nobody walks out to the grocery store. Why historical price movement clusters at the low end of the velocity curve, and what regional buy box spread is really telling you. And the number that reframes everything: roughly 19% of sub-velocity ASINs source profitable right out of the gate, versus 7% above a thousand units a month, the exact band most sellers are taught to chase.   It's not about chasing the fastest mover. It's about stacking the deck so you don't get stuck holding inventory that won't turn.   "The big money is not in the buying and the selling, but in the waiting." Charlie Munger was talking about stocks. He could've been describing the Panic Window. Let's go test more ASINs.   Special guest at the conclusion of today's show, Jeff Schick of JeffSchick.com answers the question: "If my bank statements don't show the full account number, should I switch banks?" Use coupon code "MISTAKE" to get your first month of services for only $1 with Jeff and his team!   Watch this episode on our YouTube channel here: https://youtu.be/_gIyHe6pm0Q   Show note LINKS:   3pmercury.com/friends - The best pricing on 3pMercury software!   ProvenAmazonCourse.com - The comprehensive course that contains ALL our Amazon training modules, recorded events and a steady stream of latest cutting edge training including of course the most popular starting point, the REPLENS selling model. The PAC is updated free for life!   SilentJim.com/kickstart - If you want a shortcut to learning all you need to get started, then get the Proven Amazon Course and go through Kickstart.   TheProvenConference.com - Learn more about our upcoming August 2026 event! The longest running annual event for Amazon sellers in the world!   SilentSalesMachine.com - Text the word "free" to 507-800-0090 to get a free copy of Jim's latest book in audio about building multiple income streams online (US only) or visit SilentJim.com/free11   SilentJim.com/bookacall - Schedule a FREE, customized and insightful consultation with my team or me (Jim) to discuss your e-commerce goals and options.   My Silent Team Facebook group. 100% FREE! Facebook.com/groups/mysilentteam - Join 83,000 + Facebook members from around the world who are using the internet creatively every day to launch and grow multiple income streams through our exciting PROVEN strategies! There's no support community like this one anywhere else in the world!    

Most of the financial decisions keeping you up at night are two-way doors. You can change them. You can undo them. The real one-way doors -- the decisions that actually lock you in -- are rarer than you think, and the problem is we're spending the same emotional energy on both. Joe, OG, Paula Pant, and Jesse Cramer take Simone Stolzoff's uncertainty framework from Wednesday and run it straight through real financial life: career changes, portfolio risk, entrepreneurial pivots, and the moment you finally flip the kill switch on something that isn't working.What You'll Walk Away WithThe one-way door versus two-way door framework applied to real decisions -- and why automating your savings contributions is the most underrated version of this ideaJesse's anchor: why life insurance changed everything about how he sleeps at night now that there are passengers in the car with himPaula's anchor: why avoiding debt entirely is the entrepreneurial version of keeping your burn rate survivable when revenue gets unpredictableOG's anchor: long-term belief in human ingenuity as a financial strategy -- and why short-term geopolitical noise is actually an opportunity for investors who aren't panickingWhy selling assets in a taxable brokerage account to cover business payroll is a two-way door -- until enough time passes and it quietly becomes a one-way doorThe kill criteria conversation: how Jesse built an 18-to-24-month runway into his career change before he ever made the leapWhy the Everest turnaround time is the most important financial planning concept most people have never applied to their own goalsOG's client story: when the right risk tolerance isn't the mathematically correct one -- it's the one that lets you sleep at night without calling your advisorPaula on the pivot strategy: keep iterating the broad direction until you find the product-market fit, because the version that works might look nothing like what you started withWhy a career shift becomes more of a one-way door the longer you wait -- and what Rocky Mark's electrical engineer to content creator question reveals about timingWhy This Matters NowThe worst financial decisions happen when people treat reversible choices as permanent ones and freeze -- or treat permanent choices as reversible and act too fast. This episode gives you a framework for telling the difference before the emotion hits, which is the only time it actually helps.From the BasementJoe, OG, Paula Pant, and Jesse Cramer take Simone Stolzoff's Wednesday framework and apply it to the messy real world of careers, portfolios, entrepreneurship, and retirement identity. The trivia competition takes a dramatic turn when OG margin calls Jesse on a Mount Everest question -- and the full margin call rule set gets read aloud for the first time in recorded history after Dottie in Wichita makes a call nobody wanted to receive. Jesse wins the point. OG loses one. The coalition closes the gap.Resources MentionedAfford Anything podcast -- Paula Pant; Joe joins most Tuesdays for listener Q&A; youtube.com/affordanythingPersonal Finance for Long-Term Investors -- Jesse Cramer's podcast; current series: 14 biggest risks in retirement, Charlie Munger-inspired inversion frameworkStacking Benjamins Wednesday episode -- "Why Uncertainty Is an Opportunity" with Simone Stolzoff; stackingbenjamins.comStacking Benjamins Vault -- stackingbenjamins.com/vaultStacking Benjamins Newsletter (The 201) -- stackingbenjamins.com/201OG financial planning calendar -- stackingbenjamins.com/ogStacking Benjamins Community -- stackingbenjamins.com/basementSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How can you supercharge your creativity in an age when AI is reshaping everything — including how we write, edit, and market our books? What does it look like to use AI as a genuine creative partner rather than a shortcut? And could professional speaking become an income stream that complements your writing career? With James Taylor. In the intro, Audible's new royalty model; New royalty model details [ACX; Kindlepreneur]; Public Speaking for Authors, Creatives and other Introverts; Why Indie Authors Should Ignore the Market's Mood and Focus on their Mission [Self-Publishing with ALLi]; Lichfield Cathedral; This podcast is sponsored by Kobo Writing Life, which helps authors self-publish and reach readers in global markets through the Kobo eco-system. You can also subscribe to the Kobo Writing Life podcast for interviews with successful indie authors. This show is also supported by my Patrons. Join my Community at Patreon.com/thecreativepenn James Taylor is a nonfiction author, professional speaker, podcaster, and entrepreneur who helps people unlock their creative potential. He hosts the SuperCreativity Podcast and his latest book is SuperCreativity: Augmenting Human Creativity in the Age of Artificial Intelligence. You can listen above or on your favorite podcast app or read the notes and links below. Here are the highlights and the full transcript is below. Show Notes How to define creativity and why it's becoming the most valuable skill in the age of AI The five stages of the creative process — and the stage most people skip Three types of creative purpose: play, self-expression, and legacy How James used multiple AI tools alongside human collaborators to write, edit, and market SuperCreativity Bulk book sales, industry-specific editions, and revenue models for nonfiction author-speakers Practical tips for authors who want to break into professional keynote speaking You can find James at JamesTaylor.me. Transcript of the interview with James Taylor Jo: James Taylor is a nonfiction author, professional speaker, podcaster, and entrepreneur who helps people unlock their creative potential. He hosts the SuperCreativity Podcast and his latest book is SuperCreativity: Augmenting Human Creativity in the Age of Artificial Intelligence. Welcome to the show, James. James: Well, thank you for having me as a guest. I'm looking forward to this conversation today. Jo: It's going to be really good. First up— Tell us a bit more about you and how you got into writing and publishing. James: Well, today I'm a professional keynote speaker, so I deliver about fifty to a hundred keynotes per year in twenty-five-plus countries. Primarily I speak on creativity, innovation, and artificial intelligence. Go back into my deepest, darkest history—I actually used to manage rock stars. That was my old job. I used to be in the music industry for many, many years. I worked with members of The Rolling Stones, and for our listeners in the UK, I managed bands like Deacon Blue. Then I went to the dark side. In 2010, I moved to California to work in Silicon Valley, to work in the world of tech. That got me involved in artificial intelligence. Right about 2017, I was speaking at an event in San Francisco and someone came up to me and said, “You realise you could probably speak for a living, you could do this for a living.” So I thought, well, how does that work? And he told me. Then I embarked on the career that I have today, which is primarily as a speaker, with writing now coming a bit more to the fore. Jo: Wow, I remember Deacon Blue. James: Yes. Jo: “Dignity.” That's crazy. Very, very cool backstory there, but we'll come back to the career side of things. Let's get into super creativity, because my listeners are certainly creatives. Most of the listeners will have a book either on the way or they might even have lots of books. So we all do want to be super creative. How do you define creativity, and why is it important to keep focusing on this even if we do identify that way? James: For me, creativity is about bringing new ideas to the mind. Innovation is about bringing new ideas to the world, but without creativity, there is no innovation. So creativity is really the engine of innovation. Whether that is designing new products, new services, or creating new works of art and new books. The reason that creativity is becoming more important is because of what we're seeing right now in terms of artificial intelligence. AI is going to replace a lot of the non-creative tasks that we currently do in our jobs. If you look at things like the World Economic Forum, there was recently a study with a thousand global business leaders, and work from companies like LinkedIn—they all highlight that creativity is going to be one of the foremost important soft skills for this new future. So creativity, strangely, will actually become more important, not less important, as we go ahead. That's the creativity side. Probably for many of the listeners here, they'll consider themselves to be creative. That is not the norm. As I mentioned, I speak in about twenty-five countries a year, and if I ask the audiences—primarily corporate audiences—to put their hands up if they consider themselves to be creative, only between ten to forty per cent of the audience will raise their hands. So part of my job is to show them why they are more creative than they think they are and why we're all born with this creative potential. Then moving into the super creativity side, it's really to show them how they can augment that creativity by collaborating more deeply with other people or machines—things like artificial intelligence. So SuperCreativity, the book that I've written and the speeches I give on it, is really about how we can augment our individual creativity by collaborating more deeply with other people or artificial intelligence. For me, that's been the thing I've been fascinated by for the past few years, and probably for many of our listeners who are now using AI in their writing, their researching, and their marketing of their books, they're probably getting into this space as well. I really wanted to dive into that—both the collaboration with other people and with machines and AI. Jo: In terms of the super creativity then, do you have any practices or ideas? Before we get into collaboration, many of us authors work alone—and of course we can come back to the AI stuff in a minute—but in terms of super creativity, are there ways that we can even supercharge what we do already? Then, of course there are people listening who might not feel creative. So give us a few tips on how we can potentially change our mindset or become even more creative. James: In the book I talk about what I call the eight Ps of super creativity, which are purpose, personality, practice, people, process, place, product, and persuasion. Persuasion is really the marketing piece at the end. Probably the one that could be most useful to many listeners today is the practice piece—the practice or the process side of things. For many of us, what that usually consists of is just having some type of daily creative practice. Different people do it in different ways. Many of your listeners will know the works of people like Julia Cameron—the morning pages style of having some type of daily practice. Other people do it in slightly different ways. The process bit is really interesting. I talk about this creative process that we all have, and I talk about these five stages of the creative process. The first stage, let's say if we're writing a book, is really that preparation stage. That is usually the stage where we are trying to absorb as much information as possible about the thing that we're going to be writing about. The topic, if it's nonfiction, or going to the places, visiting the scenes that we're going to set certain things within for the book. So that preparation stage is really about absorbing as much information as possible from the outside. It's not going to look very creative. We're just absorbing at that stage. Now the mistake that a lot of people tend to make is they immediately try to jump from that preparation stage to looking to generate ideas. But what all the studies show us is we should spend a little bit of time in what we call the incubation stage. This is where it's often very useful if we've done some research, that we put things to one side for a little while, maybe a few weeks, move on to another project, think about something completely different. Your brain will continue to work in the background. Your unconscious brain will work on that content you've been absorbing. Then what often happens as a result of that is we come to this third stage, which is that insight stage—that aha moment. That happens for various different reasons and you can seed that in slightly different ways so you're more likely to get inspiration in your day-to-day work. Then as we know—as you are a writer of many, many books—many people think, “Well, that's it. I've done it. The idea for that book or that chapter has come to me.” That is really just the first five per cent of the process. The next stage is where we look at all the different ideas we have and decide which ones we want to pursue, which ones are going to make the grade. This is what we call the evaluation stage. Once we've done that, we move to that final stage, which is the elaboration stage. If it's a startup, this is when you're building your minimum viable product. As a writer, this is where you're actually doing the work, putting those words out onto the page. It's a very iterative process, so it's not necessarily linear. You'll go back and forth. Even as you're getting input from readers and audiences in that last stage, that is then giving you the material to move back to the preparation stage and think, “Oh, I wonder if this next book in this series, maybe I go in a slightly different direction with this character.” So each of those different stages, you can do different things to increase your levels of creativity. Jo: I love all of that, but can we go back to purpose? Because you mentioned that as one of the Ps and I think this is something that a lot of us need. As we are recording this in April 2026, the world is an interesting place. There are lots of things going on that have people worried. Well, we are not talking about politics, but I think one of the things that people struggle with is, what's the point in writing this story, for example, or what's the point in trying to get my words out there when things are difficult? I feel like coming back to purpose is perhaps the thing that helps people even take it into the process as you were talking about. And then of course, just from a practical angle— Is purpose about making money or reaching people? So maybe you could talk about the purpose side of things. James: Yes. So I talk about three different purposes, and it's not that there's just one that predominates, but usually there's one that maybe predominates on different projects. The first one is creativity as play. It's what we're basically, as humans, hardwired to do—this instinctive joy that we get just for creating for its own sake. There's nothing that really sits beyond that. We just have fun. We find pleasure in creating something. That could be a musician creating a piece of music, a sculptor creating a sculpture, an entrepreneur creating a new business or product or service. There's just this sense of play. One of the things I talk about in the book is this idea of being childlike, not childish. If you look at children, you see this very instinctively. If you see a three-year-old or a five-year-old, you give them some crayons and they will just naturally create. That's part of who they are and it's pretty abstract. Then what happens is they go to school and they're taught useful conventions—”this is how you should do it.” You even see their work start to change. You start to see them move from abstract paintings to more formal structures. Then you get your peer group, then you go to college or university and the world of work, and you're taught all these useful conventions. That's fine, but as adults, it is our responsibility to become what we call post-conventional, where we see these conventions as a useful signpost but we're willing to challenge them. We're willing to have a playfulness in what we do. So the first one is just this hardwired thing—creativity as play. The second one, and this is maybe for a lot of your listeners the reason that they are writers, is self-expression. It's a way of placing something out into the world. I was actually just in France recently, and I was talking to a young visual artist, a painter from Hungary, and she had to go up and give a speech. She really hated doing it. She was having to talk about her work and she was really uncomfortable. I could see the discomfort and my heart went out for her, because that is not the way she primarily expresses herself. She expresses herself through her art form, which is painting. For many of us, we might struggle to get on a stage, but we can express ourselves in the written word. We have something we want to say, a position we want to have, and we want to express that and get that out into the world. The final one is just this idea of legacy. That is not going to be for everyone. I can tell you, for me personally, legacy is not the reason that I write and do a lot of the stuff that I do. Maybe that changes—maybe as we get a bit older, we want to leave a body of work. So those are the three main purposes that we tend to see. Then you mentioned the financial side of what we do as well. This starts to come into that self-expression, because we need to be able to get people to buy our books or download our books and read our books in order to give us the ability to write new works and create new things. The financial side is an important component of it, but it is not the only one. I think there's a great question any writer should ask themselves. One of the first questions that I asked myself as a relatively new nonfiction writer is: why am I writing this book? What is the purpose of this book? For me, primarily it is a form of self-expression, and then you have to go, “Well, that's fine, but I also need it to have some type of financial basis for it.” It doesn't need to be the main driver of my income, but I need to have some type of revenue model. I'm happy to talk about revenue models, because probably the type of revenue model that I have as a writer is going to be different from other listeners. I tend to focus more on bulk selling of books rather than individual selling of books. Jo: Yes, I definitely want to come back to revenue models and business, but a few other things first. I want to circle back to collaboration, because I've certainly co-written with some humans, and I know a lot of listeners either have co-written or collaborated with other humans—and some of it works and some of it doesn't. You have some great information on human-plus-human creativity and collaboration. So maybe you could give us some tips on how we can be more effective collaborators with other humans. James: So there's a whole section about this idea of creative pairs. Often if you look at great creative work or innovative companies, very often when you strip it all back, you'll find at the core lots and lots of creative pairings. That is usually two different but complementary personalities who are willing to develop and challenge and improve each other's ideas. We think of Jobs and Wozniak in the world of business, or Warren Buffett and Charlie Munger. For authors, often that relationship is the work with their editor. There was a documentary I saw—I think it was a New Yorker documentary that came out a while ago—talking with a writer of history books about his relationship with his editor. It was a really beautiful relationship. These were two very different personalities, but what worked was the fact that they were different. A core component of having these creative pairings is a sense of trust—or what some people today would call psychological safety—that you are willing to challenge someone's ideas, but in a space of trust. The Germans have a great phrase for it. In English it translates as “someone to steal horses with,” which I love. Hopefully our listeners have that person where you can go to them and say, “I had this idea for a book or a chapter or a character,” and that person is a “yes, and.” Like, “Yes, and have you thought about doing it this way?” or “What would happen if you did this?” They stress test your ideas. They make your ideas better. For many of us, maybe it's our husbands or wives, our partners. Some of us are lucky enough to have editors. When I started rewriting this latest book, I actually had someone like that—a human, not an AI—that I worked with, especially on taking all these random thoughts and ideas I've been expressing in keynotes and putting them into more of a book form. The format and the structures that we use for telling stories in a speech are quite different from the structure that we would use for a nonfiction book. I didn't have as much experience there, so I wanted someone who could say, “Have you thought about structuring it this way?” or “This is a great story arc you might want to think about.” So I don't know, for you, who is your creative pairing? Who is your “someone to steal horses with”? Jo: Well, it's funny. I really think since the arrival of Claude Opus 4.6, it is absolutely Claude. James: Yes, yes. Jo: All the way. I mean, so we could come onto that next in terms of how AI has changed, because I do still work with a professional editor for both fiction and nonfiction, but it is very much in the “make my finished work better” stage. It is not in the exploratory phase. I find particularly the latest reasoning models to just be fantastic at this. And my Claude is not sycophantic. The Opus 4.6—I'm sure you've been using it too—it just doesn't behave in the way that a lot of people think these AIs did. They did behave like that, and now it's changed. So let's talk about that. What are your thoughts on collaborating more effectively with AI tools, especially as they become more and more powerful? As we record this, Claude Mythos has not come out, but it's certainly rumoured to arrive. I'm pretty excited. James: So because I've been doing this AI thing for a little while, it's given me the ability to experiment with things—the early versions of what many people are using today. I'll give you an example. Even before I started writing the book, I decided to write a book proposal. Even though I could pretty much sense I wanted to independently publish this book through my own publishing company, I thought it's a good practice to put it down into a proposal form, even though I don't go to a traditional publisher or a hybrid publisher. One of the things I did within that was get a sense of who my ideal readers are. I used a very early version—this was a few years ago—of an IBM AI tool, creating what we call a psychometric map of my ideal reader. This basically tells me, over about seventy-two different factors, how this person thinks, how they feel, what their value system is, very broadly for my ideal reader. I pulled in different sources. I knew the kind of magazines and books they were reading and what their general worldview was. So I created this—going one step beyond just creating your ideal reader to really understanding their psychometrics. I do this in my keynotes too. Before I ever give a keynote or an important pitch or a presentation, I use AI to analyse the psychometrics of the audience I'm going to be speaking to. This might tell me, for example, this audience values humour a little bit more, or this audience values a bit more practicality so they want actionable next steps, or this audience is going to be a little bit authority-challenging so they're going to push back. So even in those very early stages, just starting to think about the book—who was I writing this book for, what was the purpose of the book—I was using AI to understand the psychometrics of my absolutely perfect, ideal reader. I gave her a name. It was a female reader. There was someone similar to her that I already knew. Probably for some of your listeners, they do this instinctively anyway. They maybe have a person or a few different people they think of in their head. Then from that stage, because I've been delivering lots and lots of keynotes—and this may be an important distinction in the way that I have decided to write books as opposed to how other people write books—my family were all jazz musicians. The difference between a rock musician or a pop musician and a jazz musician is this: a rock or pop musician will go into the studio, create this opus, this work, and then tour that for the next two years. A jazz musician, on the other hand, goes out and performs the songs and the things from the album that they're eventually going to create hundreds of times, thousands of times, to find out what works with audiences, and then they go into the studio and record the stuff that works best. So I created a book more like a jazz musician. I'd delivered keynote versions of the book hundreds of times before I ever decided to actually write the book. So it had been stress-tested with real people to a certain extent. Then, getting into it, I thought—well, what works as a keynote is not necessarily going to work as a structure for a book. So what I did was start using ChatGPT models at that point to think about the structural edit of the book. What was the structure going to be? What was great is you can basically feed it every single keynote you've given over the years, all the notes, everything you've done, and it could start to give me something to riff with and really get into thinking about how I was going to create this. I was using it a little like that creative pairing we spoke about earlier. Then once I'd done that—so I've now got an idea of a structural edit essentially—I then go back and speak to some humans about it. “What do you think about this?” “What do you think about that?” And try some things out over dinner conversations. “I'm thinking about doing this—what do you think?” Then once I did that, I just did the thing that I really didn't want to do, but I guess you absolutely have to do: sit in a seat for multiple weeks and just get that crappy first draft done. That was just me writing, from my voice, in my way of doing things. Every so often I would use an AI to research a particular thing, but I didn't want to slow down the pace too much. I was focused on getting that word count done. Once I had the first draft, I then brought the AI back in. In this case, I was still using OpenAI at this stage, to act more like an editor. To tell me what was weak about the book. At this point I was starting to give it the overall framing. What was weak, what chapters needed to be improved. I then went back, started reworking each of the chapters, and worked chapter by chapter using that AI as a sparring partner. But once again, the AI is not really writing my words for me. It's maybe saying, “This part could be said better. You might want to think about doing it this way,” or “You are missing a really powerful case study or example here,” or at the very end of each chapter, I have actionable next steps, and “You're missing some things here.” So I've gone through that entire process of writing, and now I'm essentially at the second draft. At this point, what I'm doing is using another AI tool—Claude, in this case—to have a different perspective on it. I gave it the work. I mentioned a couple of editors that I really respect and different writers I respect and said, “I'm going to create a virtual beta readers group. Give me feedback on this now.” For someone that's listening to this, and we're recording this in April 2026, here's some good news for you. There are now a bunch of tools out there that use AI swarms, as we call them. You can basically feed it your book and it will create synthetic readers—thousands and thousands of synthetic readers that read your kind of style of book—and it will then give you feedback from these synthetic readers. Essentially, I was just doing an early version of that. So I got the feedback from the synthetic readers, the AI readers, and then reworked a little bit. Some of the stuff I just decided not to do because it didn't align with what I was trying to say in the book. Then the next stage was I had a beta reader group of about thirty human beta readers—my ideal readers. I sent the book to them, they gave me feedback. I then used AI to give me an overview report of all their feedback, and then I was able to go back into reworking the book. That's still really just draft three of the book, not the final book at this stage. But just to give everyone a sense of opening up the process: you could see how the human and machine were working together. Jo: Yes, I love that. I also often say to people who are speakers first that you can, if you have recordings of your talks or if you use your slide decks to record them as MP3s and then just use that transcript as the basis of a draft. Obviously it's not the book or a chapter, but it can actually preserve your voice—your speaking voice—which I think can be really effective for speakers. I like your multi-step process there. And then of course, if you have audience avatars in AI, that can help you design your book marketing. So take this into book marketing and how you're doing that. James: So I still decided to go old school with a human editor—a book editor that someone had recommended to me. I used that human book editor just to go through the book. At that point we're talking about style, some stylistic things that we wanted to do, and they can pick up other things as well. So I've got that book, and then I'm obviously starting to use AI to understand what tags, what kind of copy do I want to have in terms of putting it onto Amazon, putting it onto IngramSpark, and all these other platforms I want to put it out into. I'm using Claude here in particular—and with Claude, you have something called Cowork. It wasn't quite fully happening at that point, but there were early versions of it and Claude Code—to almost start working with and creating a virtual marketing team. I give it the book and then they could start thinking about: what is the marketing strategy for this book? What does the campaign look like? What are the things that we need to do? That was then starting to break it down. We're now three months out or so before the book is due to get released, and I'm starting to deploy that particular campaign. So for example, I'm on a podcast right now, and we try different versions. We have a human going out and reaching out to potential shows for me to be a guest on, but I also have an agent. There's also one going out and finding and researching podcasts and reaching out to those podcast hosts to have me as a potential guest. So they're doing some of the tactical work there at the same time. One mistake I made—and I don't know if you've experienced this as well—if I was to go back, one thing I would do differently is this: I decided to record the audiobook version after the physical book was already committed and ready to go out. Jo: Mm-hmm. James: And I noticed so many small errors or things I would change after having spent two days in a studio recording the voice for the entire book—changes I would have made. This is something other people did ask me: why are you not using ElevenLabs or an AI clone of your voice to read the script? There are some things I feel quite personal about, and my voice is one of those things. As a professional keynote speaker, I decided I wanted to keep that and have it in there. So it's going to be different for everyone which things they decide to offload to AI, which things they decide to give to a human member of their team, and what they decide to keep to themselves. Jo: Yes, I mean, I human-record my nonfiction, but I have an AI voice clone with ElevenLabs for my fiction now. But obviously, for people listening, you can't put an ElevenLabs voice-cloned audiobook on Audible, and a lot of your sales will be on Audible, especially for a book like this. So I think that's also important. I agree with you on doing the audio edit. There's always things you want to change. But as you mentioned, you're self-publishing this, so you can just go in and change your files. James: Yes, and that was the other reason, and this was part of the marketing—now we're moving into the marketing and the business model behind the book. For me, the book doesn't have to be a financial driver in its own sense. The way that I sell books, and usually people like myself—professional speakers—is we bulk sell books to our clients. Let's say I'm speaking at four different events this month. Each has about a thousand people at them. Those organisers will buy, say, a thousand copies of the book. So at the end of that month, you might have sold four thousand copies—not individual copies. Anything that sells on Amazon or in other places is almost like a positioning piece. Obviously you want people to buy the book and learn things from the book, but in terms of the distribution model, it's slightly different because I'm primarily selling through bulk sales. Now, here's a little twist you can do on this, and this is a decision I made even before we released this version of the book. I speak to lots of different industries. There was a speaker and author—I've forgotten his name now, I think he was from Florida—and what he decided to do was to write a slightly different version of his main book every year, but for a different industry. So what this allows him to do is, let's say in my case, I'm doing a version of the SuperCreativity book just for legal professionals because I speak to a lot of law firms and legal groups. I've already started working on a version of the book which is a little bit more attuned to that audience. As a speaker, it allows me to go to all these law firms and legal associations and bar associations and say, “Hey, I've just written the book on creativity and artificial intelligence for the legal industry.” That makes you a very bookable proposition for a client. And then obviously you can sell books from that as well. And that's before we get into the foreign language versions. That's just a model that happens to work pretty well for my part of the industry, but obviously it's going to be very different for other types of authors. Jo: No, I think that's great. For nonfiction authors, as you say, there are different revenue models. Your income, I guess, would be what, eighty, ninety per cent speaking revenue? Or do you have other things as well? James: Yes, primarily it's the keynote speaking, and anything that comes from the back of that. Sometimes it's boardroom advisory work that I do as well. But primarily it's the speaking side. So really the book is just the simplest form to get my ideas out and the most affordable form. Jo: Mm-hmm. James: Because the other thing is, you want as many people getting your ideas as possible, and there is no better, more affordable way of getting someone's ideas out there than in the form of a book. I think it's just the most unbelievable transmitter of knowledge—a book. That's why I love to write the book as well. A lot of my friends say, “Listen, books are old hat. You don't need to do a book any more. You can do these other things, other forms, online courses.” I've done lots of online courses in the past and membership sites and all those things, but there's just something that is great about a book—to be able to summarise your ideas at a particular point in time. It's also a great transmitter of value to other people. And it is affordable. Any book, someone can download a book on Audible or wherever they want—that's just an affordable way of absorbing that content. Jo: Yes. Well, of course we are all fans of books here. I do speak—I don't tend to do keynote speaking. I do more content speaking at conferences. For people listening, keynote speaking is where you tend to get the higher revenue. So if people listening have books already—let's say they have nonfiction books or even fiction books that could be turned somehow into different topics—if people want to get booked for speaking gigs, preferably ones that pay— How would you recommend authors think about moving into speaking if that's something they want to do? James: So obviously it's much easier for nonfiction authors to do that. I mean, I'll give you an example. I was speaking at an event last week in New York for L'Oréal, the hair care and cosmetics company. They had six different speakers. One of them was a speaker on macroeconomics and geopolitics. Another was an expert on communications. Another was an expert on AI. Another was an expert on storytelling. So you have to think: does my topic have value for that type of audience—that corporate audience? An easy way of finding that is if you just go onto any of the speaker bureau websites, type in “speaker bureaus,” look for the speaker bureaus, and then type in your topic area—emotional intelligence or whatever the topic area is—and look at the other speakers. See if there is obviously a number of speakers talking on this area. Importantly, look at how busy they are and look at their fee levels as well. I did an online summit a few years ago called the International Speakers Summit, where I interviewed a hundred and fifty of the world's best professional keynote speakers. I interviewed Sally Hogshead, who's an author and a speaker, and she said to me, “James, you're going out speaking about creativity, but if you just twisted it a little bit and spoke more in terms of innovation rather than creativity, you would earn an extra five thousand dollars per keynote.” So creativity and innovation—an extra five thousand dollars. That's just a simple thing that, as you get to understand the industry, you learn. Then once you do that, it's like any business—you have to treat it like a business, obviously. What makes someone a great storyteller on stages is not the same as what makes a great storyteller on the written word. So depending on where you're at, you might need certain training and skills development. If you are listening to this from America, there are things like the National Speakers Association, the NSA. If you're living in the UK, the Professional Speakers Association. These are great ways just to develop your skill set and learn from other professional speakers. Here's the good news, I didn't know anything about professional speaking until 2017–18, and it was only from having a conversation with someone who said, “Listen, you have some original thoughts. You can get paid to speak about this on stage.” Then I spent the next year really researching and understanding and looking at how to do it and creating a minimum viable product—a speech—that was a very short period of time, a year. Most of the listeners here have gone through that process of writing a book, which takes many, many months. So you have the stamina to do this type of work. You just need to find out where you fit. I thought I was going to be a speaker in marketing. I thought that was going to be my thing. And it turns out that's not what the market wanted from me. They wanted me to talk about creativity and artificial intelligence. So you have to listen to the market, like you have to listen to your readers. Jo: Yes, I think that's really interesting. I was also a member of the PSA here, and I learned in Australia with the NSAA as it was. James: Yes. Jo: And that thing about who you speak to—I mainly speak to author conferences, who, I just want to be frank, don't pay very well, if at all. So exactly what you said there— If you want to be a highly paid speaker, you have to pick the audience who's going to pay, as well as a topic that works with them. It is a very different thing to writing a book, I think. James: It is a different model. This is what was interesting when I interviewed those hundred and fifty professional speakers—the thing that came back loud and clear is there is a model to suit everyone. Jo: Mm. James: So the model that works for me—getting paid high fees to go and travel around the world, speaking on stages to primarily corporate audiences—that is not the only model. There is another model, which is called the “sell from the stage” model, where you maybe don't get paid anything to go and speak on the stage, or very little, but what you're doing is you're selling your consulting, your online course, your books, your other products from the back of the stage. That's another model as well. I have friends who have young families and they are writers and they don't want to schlep on planes like I do. I know one speaker in particular who never leaves his own city. He is a very successful professional speaker. He happens to live in Orlando, Florida, which is one of the busiest cities for conferences. So literally, he's home with his kids every night. He gets to do all this cool stuff he wants. He never has to step on a plane if he doesn't want to. That just shows you the range. I remember I once interviewed a person whose title was a Buddhist monk, French speaker, and author. He figured out he could live very affordably by living in Thailand. So he lives in Thailand for part of the year and he's very into meditation, mindfulness, yoga, and writing. He figured out he only had to give two keynotes per year to pay for his entire lifestyle. That was it. So that gives him a lot of freedom. He does those two corporate keynotes a year and for the rest of the year he's doing his yoga, his meditation, his writing, and surfboarding, whatever he's into as well. So you can see there's a whole range of different ways you can design that life. Jo: Yes, we talk a lot about definition of success and it's great to hear those different examples. So before we finish up, I just want to come back to your journey into the writing side, into books and self-publishing. We all understand, me and the listeners, how hard it is to write a book and also to market a book, but we've got the bug. So we wonder: how much have you got the bug? Do you plan on doing more writing, more books, or do you still want to lean more heavily into speaking? James: Primarily the income for me will still come from speaking. I remember listening to Elizabeth Gilbert once when she talked about her writing. She said she always wanted to have other things, so she never had to push onto her writing that it had to be the income stream for her. If it was successful, great, that's fantastic. So I have a little bit of a similar view to that. In terms of my own writing, I've got about five different nonfiction book ideas I'm now looking at. Some of them relate to speeches that I already do. Some don't. I'm looking at different versions of the SuperCreativity book, so there'll be other versions coming out—different industries, different languages. That gives you a few years of work. The other side that I want to develop is the fiction writing side. I'm already starting to work on a fiction book at the moment—a little bit like this idea of one for them, one for me. Jo: Mm-hmm. James: So one for them is for the corporate audience, that world that I live in, and the other one is for me, for my own creativity. My hope—and I don't know, maybe we need to speak in a year's time when I've written and published it—is that by doing the fiction side, it will make me a better storyteller on stages as well for my corporate audience. It will help me understand story arcs, slightly different ways of expressing stories, building emotion, building the anti-hero characters within a book, for example. So I'm hoping that they both feed off each other. But we will see. Jo: Yes, we will. All the best with that. So where can people find you and your books and everything you do online? James: The easiest place to go is JamesTaylor.me, and you can find the book, which is called SuperCreativity, there. Or just go to wherever you buy your books—your local independent bookstore—and get a copy of SuperCreativity. The audiobook may already be out by the time you're listening to this as well. If you want to learn a little bit more, we also have a podcast called the SuperCreativity Podcast, where I interview lots of wonderful guests talking about this area of super creativity. Jo: Well, thanks so much for your time, James. That was brilliant. James: Thank you, Joanna. Thanks for having me as a guest on the show.The post SuperCreativity And KeyNote Speaking With A Non-Fiction Book With James Taylor first appeared on The Creative Penn.