Podcasts about Chicago Mercantile Exchange

Welcome, beautiful souls, to another soul-stirring episode of Healthy Money, Happy Life. I'm your host, Kris Miller, and around here — we talk about the kind of wealth that fills your heart, fuels your purpose, and lasts beyond your lifetime. But today? We're shaking things up. We're going beyond checkbooks and bank balances...

In this episode Patrick and Shelli welcome Michael Pozzi, a tech leader with an expansive career across engineering, computer science, and finance. Currently, Michael is Senior Vice President of Technology Infrastructure at Ryan Specialty. We discuss Michael's leadership style, a philosophy characterized by humility and a team-centric approach. He shares his experiences of leading through uncertain times at the Chicago Mercantile Exchange, and highlights the ways he builds teams to foster empathy and collaboration. We chat about the evolving landscape of technology infrastructure, data volume, AI automation, and the dynamics of remote teams. Michael advocates for recognizing and nurturing talent within an organization, fostering an environment where employees can thrive and grow in alignment with their org's mission.(00:00) Welcome Michael Pozzi(00:25) Michael's Career Journey(02:26) Role at Ryan Specialty(03:07) Early Career and Pivot to Consulting(05:01) Joining the Chicago Mercantile Exchange(08:50) Transition to Infrastructure and Operations(12:51) Leadership and Team Dynamics(21:47) Recognizing the Need for Fresh Perspectives(24:05) The Importance of Empathy in Team Dynamics(29:06) Career Growth and Organizational Support(34:48) Encouraging Internal Mobility and Learning(40:10) Final ThoughtsMichael Pozzi is Senior Vice President of Technology Infrastructure at Ryan Specialty. Previously, over nearly 20 years, he held a series of director level positions at the CME Group, like Managing Director of Infrastructure & Operations, Executive Director of Systems Engineering, and Executive Director of Software Engineering. Before that he worked at Hewitt Associates and Accenture. He earned a Bachelors degree in Mechanical Engineering from Duke and Masters in Computer Science from DePaul.If you'd like to receive new episodes as they're published, please subscribe to Innovation and the Digital Enterprise in Apple Podcasts, Spotify, or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.Podcast episode production by Dante32.

Today, we're featuring Beagl's founder, Eric Williams, to discuss focusing on daily execution by automating RFP processes! Eric highlights the importance of brand reputation, sustainable business models in freight, winning RFPs through trust and network strengths, and why brokers need to understand their business execution capabilities, deliver ongoing value, and engage in strategic calls to build trust and filter viable prospects!   About Eric Williams Eric is a logistics leader with over a decade of experience driving sales, pricing, sourcing, and technology strategy across top industry players. At Target, he managed $450M in annual freight spend and delivered over $120M in savings during his tenure. He's held leadership roles at US Foods, DAT, and XPO, leading initiatives in consolidation, fleet optimization, pricing model development, and RFP centralization. Before logistics, Eric spent a decade as a member at the Chicago Mercantile Exchange. He holds a Political Science degree from the University of New Mexico and is a former West Point cadet.   Connect with Eric Website: https://www.beagl.ai/  LinkedIn: https://www.linkedin.com/in/eric-w-a7826b6/  

On our latest One Life Radio show, Kenneth Lipman, PhD, joins Bernadette and Marie to discuss his book, “Circumcision” and the history behind the controversial procedure. Why do we circumcise more babies in America than any other developed country? And, for the babies who get circumcised without their consent what are the long-term physical and mental side-effects?Kenneth Lipman, PhD, is a scientist with a sense of humor. He has a PhD in Integrative (Holistic) Health, and an MS in psychology. He is a former member of the Chicago Mercantile Exchange, the largest futures exchange in the world. He meditates daily and is a recovering atheist. On weekends, he often plays guitar and piano at music jams. He lives with his dog Joni Mitchell in Berkeley. · Learn more about him at kennethlipman.com.

Creativity through the lens of the President and Founder of Get Looped"Creativity is about taking risks and showing up."Chris is a seasoned sales and business veteran with a Masters in Finance and Economics from Northwestern University. His forty-year career began on the floor of the Chicago Mercantile Exchange, where he started his first business in partnership with his brother Curtis. With the introduction of electronic trading, he transitioned to Wall Street to participate in this disruptive new technology. As a Senior Sales Executive with some of the world's most prominent financial institutions, he learned the business practices that can propel or crush a company's potential for success. He was able to apply those lessons as a Founder and Board Member of a small business which developed into a publicly listed company on NASDAQ.During his vast experience at the heart of the financial world, Chris weathered and witnessed the personal and societal impacts caused by the increasing speed, complexity and volatility of the industry. He observed and recognized how the extraordinary wealthy rarely shared the credit or the wealth with the employees, vendors and community that made organizational success a reality. The power of a reshaped version of Capitalism and potential of the community of socially conscious leaders inspired Chris's mission to help redefine the hierarchical, shareholder-first corporate model and foster companies that prioritize purpose as importantly as profits.Driven by an unshakable desire to partner with the leaders of small and medium businesses, Chris founded GET LOOPED, LLC as a platform to showcase the value and benefits of a collective prosperity for people, businesses and communities. Today, he helps businesses and CEOs incorporate prosperity in collaboration with profitability into their business practices.https://www.facebook.com/people/Get-Looped/100070935636104/https://www.linkedin.com/in/chris-lautenslager/https://get-looped.com/Send us a text

Sixteen years ago, CNBC commentator Rick Santelli stood on the floor of the Chicago Mercantile Exchange and delivered an impassioned rant against federal plans to bail out struggling homeowners. “Do we really want to subsidize the losers' mortgages?” he shouted, calling for a “Chicago Tea Party” to protest government intervention.That moment became the rallying cry for a movement that would reshape conservative politics, define opposition to the Obama presidency, and eventually evolve into the MAGA movement that has since won the White House twice.Lately, the Tea Party has been on my mind because of the way political movements are often dismissed by their opponents. In liberal circles, one word was frequently used to wave off the Tea Party: astroturf.“This isn't a grassroots movement,” critics insisted. “It's funded by billionaires to look like a populist uprising.” After all, it started on CNBC—hardly a blue-collar favorite.But that's not the whole story. And now, in 2024, astroturfing accusations are being hurled in the opposite direction.Last week, Republican Rep. Rich McCormick of Georgia faced a hostile crowd at a town hall in Roswell. The moment (captured in a widely circulated video) showed Democrats in his district voicing their frustration, pushing back forcefully against GOP policies.In response, conservatives dismissed the backlash as manufactured outrage, a coordinated effort by the so-called “deep state” to rattle the Republican establishment.Sound familiar?To understand whether today's Democratic anger is real or manufactured, it's worth looking back at how the Tea Party took shape.While Santelli's on-air rant is widely credited with sparking the Tea Party, grassroots opposition to Obama's policies had already begun. Keli Carender, a blogger in Seattle, organized an anti-stimulus protest even before Santelli's speech. Her February 2009 demonstration—dubbed the “Porkulus Protest”—drew about 100 people.But once Santelli's rant went viral, Tea Party protests exploded across the country. Social media platforms like Facebook and Twitter helped coordinate events, and by April's Tax Day, an estimated quarter-million people took to the streets in organized demonstrations. Conservative media played a crucial role in amplifying the movement. Fox News hosts like Glenn Beck and Sean Hannity championed Tea Party causes, helping grow its ranks. Soon, prominent Republican figures lent their support, though the movement remained largely decentralized.By the summer of 2009, as Obamacare made its way through Congress, Tea Party activists shifted their strategy. Instead of street protests, they flooded town halls, confronting Democratic lawmakers with fiery opposition. Videos of these clashes—angry constituents challenging their representatives—became a defining image of the movement.And electorally, the Tea Party had teeth. While it failed to topple the Republican establishment entirely (Mitt Romney still won the 2012 nomination), it helped flip House seats and push the GOP further to the right.What does the Tea Party teach us about today's Democratic opposition?* It's never too early to be angry. Santelli's rant came barely a month after Obama took office. Right now, Trump's disapproval ratings are rising, but Democrats haven't yet rallied around a singular issue.* Movements can make an impact—especially in the House. The Tea Party didn't need to control the White House to change the political landscape. A handful of flipped seats can shift the balance of power.* Dismissing protests as ‘astroturf' is risky. If the same kind of town hall showdowns seen in McCormick's district begin happening elsewhere, they could turn into a trend.The Tea Party was fueled by a raw, pent-up anger over fiscal conservatism. Many conservatives felt betrayed by their own party—George W. Bush had campaigned on balanced budgets, only to expand deficits through wars and bailouts. Obama's presidency, with its ambitious government programs, only amplified those frustrations.The question for Democrats now is: What's their version of that anger?If it's simply opposition to Trump, that's not enough. Even figures like Elon Musk—despised by many progressives—aren't sustainable political villains. “Musk sent another email” isn't a battle cry that will mobilize voters in the long run.That's why Democratic strategists should be tickled by what just happened in the House. They (impressively) passed a budget that, while avoiding direct mention of Medicaid, includes $880 billion in cuts overseen by the Energy and Commerce Committee—which just happens to control Medicaid.Why the cuts? Because fiscal hawks in the House need a way to offset the Trump tax cuts.For Democrats, that's a classic, politically potent message: Republicans are cutting your Medicaid to give tax cuts to the rich.If they can harness that into a movement—one that gets people angry enough to show up at town halls, knock on doors, and vote—then history might just be repeating itself.Podcast Chapters & Timecodes* 00:00:00 – Introduction* 00:01:58 – The Tea Party's Legacy and Lessons for Democrats* 00:14:55 – Dan Bongino Becomes FBI's Second-in-Command* 00:19:15 – MSNBC's Prime-Time Shake-Up & Network Struggles* 00:22:58 – NYC Mayor Eric Adams' Re-Election Challenges* 00:26:27 – Interview with Brian Sack on Ukraine & DEI Policies* 01:05:28 – Wrap-Up This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.politicspoliticspolitics.com/subscribe

Hello and welcome to the Q-T.A.L.K.S

In this episode of Fill the Gap: The Official Podcast of the CMT Association, we welcome John Kosar, CMT, President and Chief Market Strategist at Asbury Research. After spending most of the first half of his 40-year career on the Chicago Mercantile Exchange trading floor, he has spent much of the second half trying to take emotions out of the equation by becoming as data-driven as possible. John describes some of the indicators and models he and his son, Jack, combine into portfolios of varying risk/reward profiles to meet the needs of different types of investors.Fill the Gap, hosted by David Lundgren, CMT, CFA and Tyler Wood, CMT brings veteran market analysts and money managers onto a monthly podcast. For complete show notes of every episode, visit: https://cmtassociation.org/development/podcasts/ Give us a shout:@dlundgren3333 or https://www.linkedin.com/in/david-lundgren-cmt-cfa-63b73b/@_TBone_Pickens or https://www.linkedin.com/in/tyler-wood-cmt-b8b0902/@CMTAssociation orhttps://www.linkedin.com/company/cmtassociationCMT Association is the global credentialing authority committed to advancing the discipline of technical analysis in the financial services industry. We serve members in over 137 countries. Our mission is to elevate investors mastery and skill in mitigating market risk and maximizing return in capital markets through a rigorous credentialing process, professional ethics, and continuous education. CMT Association formed in the late 1960s with headquarters in lower Manhattan, NY and Mumbai, India.Learn more at: www.cmtassociation.org

Milk markets are not created equal. Here in Wisconsin, we talk a lot about milk and dairy prices moving on the Chicago Mercantile Exchange or CME. But Wisconsin ranks No. 2 for the most organic dairy farms in the country. Organic dairy markets don't follow quite the same market trends as their conventional counterparts. Shawna Nelson is the executive vice president of membership with Organic Valley. She gives us a look into how organic milk markets move. Starting with, who even sets the price for organic milk?See omnystudio.com/listener for privacy information.

Guy Adami, Elizabeth Thomas of SoFi, and Dan Nathan dive into the latest market trends, football updates, and notable financial happenings in Monday's edition of the On The Tape podcast. The episode starts with a light-hearted discussion about the Green Bay Packers' performance before shifting focus to the market's current state, with the S&P 500 nearing all-time highs. The hosts analyze historical interest rate trends, sector performances, and the impact of the Federal Reserve's actions. They delve into rising tech stocks, particularly AI-driven companies, and discuss the potential consequences of a long-duration bull market. The episode also highlights important corporate earnings from companies like Microsoft, Micron, and Costco, and their implications for the broader market. The show wraps up with thoughts on potential mergers and acquisitions, particularly Intel and Qualcomm, and the current regulatory environment.  Guy Adami sits down with Terry Duffy, the chairman and CEO of CME Group, at the Georgetown University Psaros Center for Financial Markets and Policy. Duffy reflects on his journey from a humble start at the Chicago Mercantile Exchange in 1980 to leading CME Group, a company now valued at $78 billion. They discuss the vital role of futures in risk management, with Duffy highlighting how proper hedging could have prevented the downfall of institutions like SVB and Republic Bank. The conversation also touches on Duffy's instincts regarding the fraudulent nature of FTX's Sam Bankman-Fried and the profound impact of emerging markets like crypto and AI. Subscribe to our newsletter: https://riskreversalmedia.beehiiv.com/subscribe — About the Show: On The Tape is a weekly podcast with CNBC Fast Money's Guy Adami, Dan Nathan and Danny Moses. They're offering takes on the biggest market-moving headlines of the week, trade ideas, in-depth analysis, tips and advice. Each episode, they are joined by prominent Wall Street participants to help viewers make smarter investment decisions. Bear market, bull market, recession, inflation or deflation… we're here to help guide your portfolio into the green. Risk Reversal brings you years of experience from former Wall Street insiders trading stocks to experts in the commodity market. — Check out our show notes here See what adding futures can do for you at cmegroup.com/onthetape. — Shoot us an email at OnTheTape@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OnTheTapePod on Twitter or @riskreversalmedia on Threads — We're on social: Follow @GuyAdami on Twitter Follow Danny Moses @DMoses34 on Twitter Follow Liz Thomas @LizThomasStrat on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page The financial opinions expressed in Risk Reversal content are for information purposes only. The opinions expressed by the hosts and participants are not an attempt to influence specific trading behavior, investments, or strategies. Past performance does not necessarily predict future outcomes. No specific results or profits are assured when relying on Risk Reversal. Before making any investment or trade, evaluate its suitability for your circumstances and consider consulting your own financial or investment advisor. The financial products discussed in Risk Reversal carry a high level of risk and may not be appropriate for many investors. If you have uncertainties, it's advisable to seek professional advice. Remember that trading involves a risk to your capital, so only invest money that you can afford to lose. Derivatives are not suitable for all investors and involve the risk of losing more than the amount originally deposited and any profit you might have made. This communication is not a recommendation or offer to buy, sell or retain any specific investment or service.

On Tuesday's AOA, powered by Cenex, we start the show with a look at the market picture working through harvest with Kristi Van Ahn-Kjeseth of Van Ahn & Company. In Segment Two, we discuss tips and reminders during National Farm Safety and Health Week with Jana Davidson from Progressive Agriculture Foundation. (Learn more at www.progressiveag.org)   In Segment Three, we have a conversation with Columbia Grain President and CEO Jeff Van Pevenage as we get an update on pulse crops, PNW logistics and more. Then we close the show discussing the potential changes to daily price limits for cattle trade at the Chicago Mercantile Exchange with DTN Livestock Analyst, ShayLe Stewart in Segment Four.

In this episode of “Healthy Mind, Healthy Life,” host Avik Chakraborty interviews Timothy Clifford, a seasoned financial expert and founder of Core Wealth Consultants LLC. Timothy shares his journey from the Chicago Mercantile Exchange floor in the 1980s to becoming a certified financial planner. He emphasizes the importance of having a plan, diversification, and seeking counsel for wealth building. Timothy explains how his experiences at Charles Schwab highlighted the differences between high earners and true wealth accumulators. He discusses the motivation behind establishing Core Wealth Consultants and the creation of Plan Assist, a tool designed to help individuals simplify their wealth-building journey. Timothy also highlights the significance of mindset in wealth building and offers advice to younger generations starting their financial journey.

Democratizing Markets Through Innovation - Tzero.com CEO David Goone Shares Timeless Advice Website: Tzero.com Bio: David Goone is the CEO of tZERO, a financial technology company that democratizes access to capital markets by establishing innovative, transparent, and efficient marketplaces. tZERO works with companies and entrepreneurs to provide unique solutions for primary capital raises and secondary trading. Prior to joining tZERO, Goone was the Chief Strategy Officer of Intercontinental Exchange (ICE), from its earliest days, responsible for many of the strategies that brought ICE from a startup to a global enterprise that operates exchanges, data, businesses, and technologies across all major asset classes. ICE, the parent company of the New York Stock Exchange, is also a significant investor in tZERO. While Goone was at ICE, he also served on numerous boards, including the Depository Trust & Clearing Corporation (DTCC), the Options Clearing Corporation (OCC), and the National Futures Association (NFA). He also was a member of the Commodity Futures Trading Commissions, and Local Advisory Committee, as well as Vice Chairman of Brazil City, a clearing house for Brazil's equity and commodities until its merger with B3 exchange. He also served on the boards of all of ICE's derivative exchanges and was on the board and responsible for ICE Benchmark Administration IBA, which Produced LIBOR. Prior to ICE, Goone was a senior executive at the Chicago Mercantile Exchange, where he created and developed many innovative products. --- Support this podcast: https://podcasters.spotify.com/pod/show/smartmoneycircle/support

In this clip of Market Mondays, Rashad Bilal and Ian Dunlap dive deep into the latest economic predictions and analyses. They begin by discussing the possibility of a rate cut in September, with Ian sharing his optimistic forecast despite the current economic landscape. Will Jerome Powell and the Federal Reserve take action? Stay tuned to find out.The duo also sheds light on the recent comments from Fed Chair Jerome Powell about inflation trends and the likelihood of a rate cut. With data from the Chicago Mercantile Exchange suggesting a 95% chance, the conversation gets intriguing. Could we really witness a rate cut this September? And if not, what could be the next steps in November or even December?Next, they tackle analyst Tom Lee's bold prediction that the S&P 500 will triple by 2030. Is it realistic for the market to see such an exponential rise within just six years? Ian weighs in on the feasibility of such growth, considering potential reshuffling in the S&P 500 and the impact of inflation.Rashad introduces a fascinating angle on hyperinflation and its influence on market returns. If inflation rates increase, the traditional 7% returns may no longer suffice. They walk you through the Rule of 72, which underscores the importance of higher returns to combat the devaluation of money.Key Takeaways:- Insights on the potential rate cut in September 2023.- Analysis of Fed Chair Jerome Powell's recent statements and their implications.- An in-depth look at Tom Lee's prediction for the S&P 500 reaching 15,000 by 2030.- The impact of inflation on investment returns and market behavior.- Strategic advice on staying long in the market despite economic fluctuations.Don't miss out on this thought-provoking discussion that could enhance your understanding of the current and future state of the market.*Hit the like button, subscribe, and share this video with others. Stay tuned for more Market Mondays insights!*#MarketMondays #Finance #Investing #StockMarket #Economy #RateCut #FederalReserve #JeromePowell #Inflation #SP500 #TomLee #InvestingTips #LongTermInvesting #MarketAnalysisSupport this podcast at — https://redcircle.com/marketmondays/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

In this episode of Investing In Integrity, Ross Overline speaks with Steve Quirk, Chief Brokerage Officer at Robinhood.  While the democratization of finance makes investing more accessible to a broader investor base, Steve emphasizes the importance of responsible investing behavior, especially for novice investors. The conversation also touches on the innovation and evolution within the finance industry. Steve and Ross also explore the topic of industry leadership and the strategies essential for navigating disruptive changes. Steve emphasizes the importance of passing wisdom and experience to the next generation of finance leaders while emphasizing the importance of integrity, authenticity, and financial literacy. Steve Quirk oversaw the strategy and deployment of initiatives for Trading at TD Ameritrade. He also served as a member of the company's Senior Operating Committee, which shaped the organization's strategic focus. Under Steve's leadership, TD Ameritrade debuted the Investor Movement Index® (IMXSM), a proprietary, behavior-based index aggregating Main Street investor positions and activity.  Steve focused on teaching the next generation of investors and has championed the creation of the TD Ameritrade U program to bridge the gap between academia and reality. Before that role, Steve was responsible for developing new trading tools and technology enhancements for the thinkorswim® trading platform.  Steve's trading career began in 1987 on the Chicago Mercantile Exchange and Chicago Board Options Exchange (CBOE). While at the CBOE, he served on the exchange's Index Market Performance Committee and the Arbitration Committee. He partnered with SCMS for seven years, trading options on index products. He also led the Chicago operations of Van der Moolen USA. Content here is for educational purposes only. It is not individualized tax or investment advice. Consult a tax or investment adviser regarding your specific situation. Past performance does not guarantee future results. Reference to actual stocks or symbols is for illustrative purposes only and is not a recommendation to buy, sell, or hold any specific security. The Robinhood Investor Index (RIX) is not a tradable index and individuals cannot invest directly in any index. Data is intended for informational purposes only and nothing referenced with regard to the Robinhood Investor Index is a recommendation of a security, account type, trading or investment strategy. For more complete statistical information and our index methodology, you can visit the RIX website. Views and opinions expressed here are those of the participants and do not necessarily represent those of Robinhood, its employees, or its customers. All investments involve risk, including loss.

In this episode of Investing In Integrity, Ross Overline speaks with Steve Quirk, Chief Brokerage Officer at Robinhood.  While the democratization of finance makes investing more accessible to a broader investor base, Steve emphasizes the importance of responsible investing behavior, especially for novice investors. The conversation also touches on the innovation and evolution within the finance industry. Steve and Ross also explore the topic of industry leadership and the strategies essential for navigating disruptive changes. Steve emphasizes the importance of passing wisdom and experience to the next generation of finance leaders while emphasizing the importance of integrity, authenticity, and financial literacy. Steve Quirk oversaw the strategy and deployment of initiatives for Trading at TD Ameritrade. He also served as a member of the company's Senior Operating Committee, which shaped the organization's strategic focus. Under Steve's leadership, TD Ameritrade debuted the Investor Movement Index® (IMXSM), a proprietary, behavior-based index aggregating Main Street investor positions and activity.  Steve focused on teaching the next generation of investors and has championed the creation of the TD Ameritrade U program to bridge the gap between academia and reality. Before that role, Steve was responsible for developing new trading tools and technology enhancements for the thinkorswim® trading platform.  Steve's trading career began in 1987 on the Chicago Mercantile Exchange and Chicago Board Options Exchange (CBOE). While at the CBOE, he served on the exchange's Index Market Performance Committee and the Arbitration Committee. He partnered with SCMS for seven years, trading options on index products. He also led the Chicago operations of Van der Moolen USA. Content here is for educational purposes only. It is not individualized tax or investment advice. Consult a tax or investment adviser regarding your specific situation. Past performance does not guarantee future results. Reference to actual stocks or symbols is for illustrative purposes only and is not a recommendation to buy, sell, or hold any specific security. The Robinhood Investor Index (RIX) is not a tradable index and individuals cannot invest directly in any index. Data is intended for informational purposes only and nothing referenced with regard to the Robinhood Investor Index is a recommendation of a security, account type, trading or investment strategy. For more complete statistical information and our index methodology, you can visit the RIX website. Views and opinions expressed here are those of the participants and do not necessarily represent those of Robinhood, its employees, or its customers. All investments involve risk, including loss.

Chris Lautenslager is an accomplished business leader with over 40 years of experience in sales and business management. - Thanks to my Sponsors : If you or know some body you know is struggling with anxiety and want to know how to be 100% anxiety free, in 6 weeks, without therapy or drugs, fully guaranteed    https://www.danielpackard.com/     Upgrade Your Brain Unleash & Use Your Uniqueness   https://braingym.fitness/   ----- Speaking Podcast Social Media / Coaching My Other Podcasts ⁠https://bio.link/podcaster⁠   ============ About my Guest: Chris Lautenslager is an accomplished business leader with over 40 years of experience in sales and business management. He embarked on his notable career by founding a trading firm at the Chicago Mercantile Exchange. His expertise quickly led him to senior roles in New York City at some of the world's leading financial and technology companies. With a deep understanding of the American corporate landscape, Chris has dedicated his career to championing small businesses and addressing the challenges posed by large, multinational corporations. He is the founder of Get Looped , a platform designed to boost the collective prosperity of Americans. Chris holds a B.S. in Accounting from the University of Colorado and a Master's in Finance and Economics from Northwestern University, equipping him with a solid foundation to lead and inspire in the business world. What we Discussed:   - Chris's Business Journey (3 mins) - Entrepreneurs Expect the Curve balls in Business ( 4 mins) - Missing a lot of the joy while working (5:45 mins) - The Real Estate Corruption Crisis (8:30 mins) - Capitalism is the best system (12 mins) - How he helps Small Business Owners after his painful life experiences ( 15 mins) - The Level he works with ( 17 mins) - Entreprenture needs to look at their life to make a decision ( 22 mins) - The Common Mistake Business Owners Make (24 mins) - He is not a therapist but helps stopping bad bahaviour ( 26 mins) - Overcoming the Ego as an Entreprenuer (27 mins) - When you lose your Mojo (32 mins) - Surrounding Yourself with Winners (36 mins) - His Book the Prosperity Loop (38:30 mins) - His Free live Webinars (44 mins)   ===============   How to Contact Chris Lautenslager : https://get-looped.com/ https://www.facebook.com/people/Get-Looped/100070935636104/ https://x.com/GetLoopedLLC https://www.linkedin.com/in/chris-lautenslager/ ------------------------- Donations  ⁠⁠https://www.podpage.com/speaking-podcast/support/⁠⁠   Speaking Podcast Social Media / Coaching My Other Podcasts ⁠https://bio.link/podcaster

Send us a Text Message.Chris is a seasoned sales and business veteran with a Masters in Finance and Economics from Northwestern University. His forty-year career began on the floor of the Chicago Mercantile Exchange, where he started his first business in partnership with his brother Curtis.Driven by an unshakable desire to partner with the leaders of small and medium businesses, Chris founded GET LOOPED, LLC as a platform to showcase the value and benefits of a collective prosperity for people, businesses and communities. Today, he helps businesses and CEOs incorporate prosperity in collaboration with profitability into their business practices.

From the time he was headlight height, Patrick knew that these were magic machines, drawn from the high banks of imagination to drink gasoline & eat asphalt.  He bootstrapped his first collector car business in 2003 after a career as an Executive Recruiter within the Information Technology sector during the "tech-boom" which began in the mid-1990's.  As an I.T. Recruiter and Consultant to the e-Commerce, Electronic Trading, and Insurance industries, he pioneered internet sourcing, marketing, and selection practices to build high-performance teams in mission-critical business units within companies such as IBM, Walgreens, Discover Card, Chicago Mercantile Exchange, and Allstate Insurance.He also grew up learning how to wrench, restore, tune, and drive American Muscle Cars, owning 13 cars within two years in high school and more since, everything from Mopars, to Mustangs, to Chevelles and GTO's. Starting Show Your Auto was an opportunity for Patrick to marry his skills honed in the business world with his innate passion for automobiles. "I know that to pursue and purchase a rare collectible car is not just a buying decision, or even just an investment decision, this is about fulfilling your heart's desire, one that has been there since you were a boy, if you were like me."Today, Rev Muscle Cars uses the same commitment to best practices in marketing and selection to take the hassle out of selling and the risk out of buying collectible cars.  Rev! has worked hard to become a valued resource to private owners and pay back into the enthusiast community.Social Media Links:https://patrickkrook.com/https://patrickkrook.com/buy-the-book/https://www.revmusclecars.com/https://www.instagram.com/patrick_krook/https://www.facebook.com/PatrickKrookAuthor/https://www.instagram.com/revmusclecars/https://www.facebook.com/revmusclecarsConnect and tag me at:https://www.instagram.com/realangelabradford/You can subscribe to my YouTube Channel herehttps://www.youtube.com/channel/UCDU9L55higX03TQgq1IT_qQFeel free to leave a review on all major platforms to help get the word out and change more lives!

Join us for an insightful conversation with Timothy Clifford, Managing Partner and Financial Advisor at Core Wealth Consultants LLC, as we explore the journey from earning a high income to achieving lasting wealth. Timothy shares his extensive experience from the trading floors of the Chicago Mercantile Exchange to his current role in wealth management, highlighting the key principles from his book, "Making Money ≠ Having Money." In this episode, we discuss the importance of a well-crafted financial blueprint, the benefits of diversification, and the necessity of seeking professional financial advice. Timothy also delves into the mindset shifts required for better financial decision-making and offers practical strategies that listeners can apply immediately. Whether you're striving to build your wealth or seeking to optimize your financial strategies, Timothy's insights provide a roadmap to transforming your income into sustainable wealth. Tune in for a compelling discussion filled with expert advice and actionable tips to elevate your financial future. To connect with Timothy, visit his website: https://www.planassist.com/ Disclaimer: Not advice. Educational purposes only. Not an endorsement for or against. Results not vetted. Views of the guests do not represent those of the host or show. Do your due diligence. Click here to join PodMatch (the "AirBNB" of Podcasting): https://www.joinpodmatch.com/drchrisloomdphd We couldn't do it without the support of our listeners. To help support the show: CashApp- https://cash.app/$drchrisloomdphd Venmo- https://account.venmo.com/u/Chris-Loo-4 Buy Me a Coffee- https://www.buymeacoffee.com/chrisJx Thank you to our sponsor, CityVest: https://bit.ly/37AOgkp Click here to schedule a 1-on-1 private coaching call: https://www.drchrisloomdphd.com/book-online Click here to purchase my books on Amazon: https://amzn.to/2PaQn4p Follow our YouTube channel: https://www.youtube.com/chL1357 Follow us on Twitter: https://www.twitter.com/drchrisloomdphd Follow us on Instagram: https://www.instagram.com/thereal_drchrisloo Follow us on Threads: https://www.threads.net/@thereal_drchrisloo Follow us on TikTok: https://www.tiktok.com/@drchrisloomddphd Follow the podcast on Spotify: https://open.spotify.com/show/3NkM6US7cjsiAYTBjWGdx6?si=1da9d0a17be14d18 Subscribe to our Substack newsletter: https://substack.com/@drchrisloomdphd1 Subscribe to our Medium newsletter: https://medium.com/@drchrisloomdphd Subscribe to our email newsletter: ⁠https://financial-freedom-for-physicians.ck.page/b4622e816d⁠ Subscribe to our LinkedIn newsletter: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=6992935013231071233 Join our Patreon Community: https://www.patreon.com/user?u=87512799 Join our Spotify Community: ⁠https://podcasters.spotify.com/pod/show/christopher-loo/subscribe⁠ Thank you to our advertisers on Spotify. Financial Freedom for Physicians, Copyright 2024

In this fervent episode, Chris Lautenslager, Founder and CEO of Get Looped, shares how he champions the cause of small businesses, and helps leaders align with their true values.You will discover:- How Capitalism should be used for everyon'e gain- The true cost of playing a zero-sum game in business- The superpower every small business has (but most don't recognize)
Chris Lautenslager is a seasoned sales and business veteran with over four decades of experience. His distinguished career began with the establishment of a trading firm at the Chicago Mercantile Exchange. Soon after, Chris was recruited to New York City for senior positions at some of the globe's most prestigious financial and technology institutions. His mission is to redefine the principles of wealth and success in American society. Chris founded Get Looped, a platform aimed at elevating the collective prosperity of all Americans. Chris holds a B.S. in Accounting from the University of Colorado and a Masters in Finance and Economics from Northwestern University.
Want to learn more about Chris Lautenslager's work at Get Looped? Check out his website at https://get-looped.com/

Jack McInerney is the founder of Renewal Coin. His primary responsibility beyond corporate strategy has been the overall structure of the Coin and its underlying asset base which is the world's first 3 Layer DAO. Previously, he was a wireless protocol engineer with Lucent Technologies and the founder of InTimeTV, which produced Internet medical programing. Prior to that, he was a broker at the Chicago Mercantile Exchange and Chicago Board of Trade. During this time, he traded Gold, S & P Index, and currencies and was elected Chairman of the Index, Debt and Energy Markets Division. Jack created the CBOT's Dollar Index contract that was certified by the CFTC. His extracurricular activities have included serving on the national boards of the FBI Citizens Academy and the Korean War Veterans Museum. Jack was an adjunct (Math) Prairie State College. He holds a Masters in Information Systems (Magna Cum Laude) Roosevelt University and Bachelor of Science in Computer Science (Summa Cum Laude) Robert Morris University. --- Support this podcast: https://podcasters.spotify.com/pod/show/crypto-hipster-podcast/support

Today's guest is Julie Winkler, Chief Commercial Officer of the CME Group. CME Group is a Chicago-based financial services firm that operates derivative exchanges including the Chicago Mercantile Exchange and Chicago Board of Trade. Julie joins Emerj CEO and Head of Research Daniel Faggella on today's program to pull apart new trends in AI adoption for financial services with a focus on data and security challenges. Later in the program, she offers strategic advice on prioritizing different AI initiatives in the enterprise and subsequent lessons for leadership. If you've enjoyed or benefited from some of the insights of this episode, consider leaving us a five-star review on Apple Podcasts, and let us know what you learned, found helpful, or liked most about this show!

Interview with Chris Lautenslager, who is a seasoned sales and business veteran with a Masters in Finance and Economics from Northwestern University. His forty-year career began on the floor of the Chicago Mercantile Exchange, where he started his first business in partnership with his brother Curtis. With the introduction of electronic trading, he transitioned to Wall Street to participate in this disruptive new technology. As a Senior Sales Executive with some of the world's most prominent financial institutions, Chris learned the business practices that can propel or crush a company's potential for success. He was able to apply those lessons as a Founder and Board Member of a small business which developed into a publicly listed company on NASDAQ. Driven by an unshakable desire to partner with the leaders of small and medium businesses, Chris founded GET LOOPED, LLC as a platform to showcase the value and benefits of a collective prosperity for people, businesses and communities. Today, he helps businesses and CEOs incorporate prosperity in collaboration with profitability into their business practices. His web site is https://get-looped.com/

Our guest this week is our colleague, Bryan Armour, who is director of passive investment strategies research, North America, for Morningstar Research Services. Bryan is also editor of the ETFInvestor newsletter. Before joining Morningstar in 2020, Bryan spent seven years working for Finra, the Financial Industry Regulatory Authority, conducting trade surveillance and investigations specializing in exchange-traded funds. Prior to Finra, he worked for a proprietary trading firm as an options trader at the Chicago Mercantile Exchange. Bryan holds a BA in Economics from the University of Illinois and the Chartered Financial Analyst designation.BackgroundBioPassive Investing and ETFs“Index Funds Have Officially Won,” by John Rekenthaler, Morningstar.com, Feb. 13, 2024.“Active Funds Fell Short of Passive Peers in 2023,” by Bryan Armour, Morningstar.com, March 12, 2024.“It's Official: Passive Funds Overtake Active Funds,” by Adam Sabban, Morningstar.com, Jan. 17, 2024.“ETFs vs. Mutual Funds: The Benefits That Really Matter,” by Bryan Armour, Morningstar.com, Feb. 6, 2024.“2023 Model Portfolio Landscape,” Morningstar.com.“Markets Are ‘Fundamentally Broken' Due to Passive Investing, Says David Einhorn,” by William Watts, marketwatch.com, Feb. 9, 2024.“How Fund Fees Are the Best Predictor of Returns,” by Russ Kinnel, Morningstar.com, Jan. 12, 2026.“Cage Match: Traditional Index Funds vs. ETFs,” by Christine Benz and Margaret Giles, Morningstar.com, Oct. 20, 2023.“Global Fund Flows: 2023 in Review,” Morningstar.com, Feb. 6, 2024.“A Closer Look at Vanguard's Newest Core Bond ETFs,” by Dan Sotiroff, Morningstar.com, Feb. 12, 2024.“3 New ETFs That Stand Out From the Pack,” by Ryan Jackson, Morningstar.com, Aug. 30, 2023.“Converting Mutual Funds to ETFs: What to Make of the Trend,” by Daniel Sotiroff, Morningstar.com, April 11, 2023.“How to Choose a Great Dividend ETF,” by Dan Sotiroff, Morningstar.com, May 17, 2023.“The Best and Worst New ETFs of 2023,” by Bryan Armour, Morningstar.com, Dec. 19, 2023.Bitcoin and Covered-Call ETFs“Spot Bitcoin ETFs Are Here. Should You Invest?” by Bryan Armour, Morningstar.com, Jan. 11, 2024.“Grayscale's Victory Over the SEC Doesn't Mean a Spot Bitcoin ETF—for Now,” by Bryan Armour, Morningstar.com, Aug. 30, 2023.“Should You Buy a Covered-Call ETF?” Video interview with Bryan Armour and Ruth Saldanha, Morningstar.com, June 14, 2023.Securities MentionediShares ESG Aware ETF ESGUiShares MSCI USA Quality Factor ETF QUALARK Innovation ETF ARKKGrayscale Bitcoin Trust (BTC) GBTCJPMorgan Equity Premium Income ETF JEPIGlobal X Nasdaq 100 Covered Call ETF QYLDVanguard's High Dividend Yield ETF VYMBlackRock Flexible Income ETF BINCSchwab High Yield Bond ETF SCYBT. Rowe Price Capital Appreciation Equity ETF TCAF2x Bitcoin Strategy ETF BITXYieldMax AI Option Income Strategy ETF AIYYOther“The ETF Rule: What It Is and Why It Matters,” by Irene Huhulea, Investopedia.com, Jan. 25, 2024.

NBC News' Christine Romans is the guest, there's pizza headlines, and the pizza topic is: "the Pizza Subway Connection".Christine Romans is NBC News' senior business correspondent. She spent over 20 years at CNN where she ended up anchoring both On the Money, and Early Start. Last year it was announced she was moving to NBC. You can now see Christine's reporting across NBC News, including the TODAY Show, NBC Nightly News with Lester Holt, NBC News NOW, NBCNews.com, as well as on MSNBC. She's the author of 2015's “Smart is the New Rich: Money Guide for Millennials”.Christine regales the guys about working with her siblings at Happy Joe's Pizza in Le Claire, Iowa. She tells pizza tales from the Quad Cities in Iowa, to the trading floors of the New York Stock Exchange. We are totally onboard with her starting her own pizzeria. This podcast is brought to you by Ooni Pizza Ovens. Go to Ooni.com for more information.Follow us for more information!Instagram: @pizzapodparty @NYCBestPizza @AlfredSchulz4Twitter: @PizzaPodParty @ArthurBovino @AlfredSchulzTikTok: @thepizzapodpartyThreads: @pizzapodparty @NYCBestPizza @AlfredSchulz4

As a risk officer with the Chicago Mercantile Exchange, Will Gogolak was setting margin requirements and saw a wide variety of traders' accounts and what separated the winning traders from the losing ones, before leaving to pursue his own trading and obtaining a PHD in finance and share his knowledge of quantitative analysis and market experience with students at Carnegie Mellon University. Combining his market experience with knowledge of statistics helps William create his custom buy the dip strategy with futures and leveraged ETFs, and focusing on probabilities and determining market direction for informed trading decisions. Learn more about your ad choices. Visit megaphone.fm/adchoices

LLMs are great with text but struggle with extensive structured data and expressing insights about it. In this podcast episode, Steven Wasick, the founder and CEO of infoSentience, introduces their AI platform and how it's already impacting healthcare by turning vast datasets into human-like narratives, thus providing valuable insights. Unlike general generative AI, infoSentience specializes in handling large structured datasets, offering a unique solution for organizations overwhelmed by data. Steven explains how infoSentience collaborates with IU Health to automate doctor bios, ensuring continuous updates for accuracy and time savings. He also shares how the platform's versatility extends to sports, with CBS Sports and the Chicago Mercantile Exchange, providing customized reports and adopting a journalistic approach as it weaves key moments into compelling stories. Tune in to learn how infoSentience's innovative AI platform transforms data into actionable insights, revolutionizing the approach to data analysis! Resources:  Connect with and follow Steven Wasick on LinkedIn.  Learn more about infoSentience on their LinkedIn and website. Listen to Steven's previous interview on the podcast here.

Bitcoin has seen a lot of green days lately, but is the latest upward trend a “choreographed” move by whales? Whatever the case, Bitcoin futures open interest on the Chicago Mercantile Exchange has soared alongside BTC's price, and experts are suggesting it isn't merely the result of ETF and halving hype. All this and much more to get you caught up on in crypto today!Further reading:Was the latest BTC price spike choreographed by whales?Thirdweb finds major security flaw in common smart contractsIBM unveils new complex cold storage to address common vulnerabilitiesNew Coinbase feature allows crypto transfers by links sent on WhatsApp and social mediaBitcoin futures open interest on CME approaches its October 2021 all-time highReferences:Bitcoin whale threadThirdweb announcementGrab yourself a coffee and let's get into it!Rise'n'Crypto is brought to you by Cointelegraph and is hosted and produced by Robert Baggs. You can follow Robert on Twitter and LinkedIn. Cointelegraph's Twitter: @CointelegraphCointelegraph's website: cointelegraph.comThe views, thoughts and opinions expressed in this podcast are its participants' alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast's participants may or may not own any of the assets mentioned.

TJ Gliha, Co-Founder of Journey Wealth.Established in 2021, Journey Wealth is a full-service wealth planning firm that helps entrepreneurs explore the world of opportunities availed by their success, by addressing their needs and enabling them and their families to lead the lives they aspire to. From its humble beginnings with just 4 employees, Journey Wealth has grown as a self-governing Registered Investment Advisory firm to nearly 20 professionals, with the strategic acquisition of a significant equity stake in FSM Wealth, offering multi-family office services primarily to professional golfers.With a robust background as a portfolio manager and trader at the Chicago Mercantile Exchange, and as a former shareholder at Sequoia Financial Group, TJ brings a wealth of experience to the table. Not only is he dedicated to helping entrepreneurs make the most of their time…their most valuable asset… but he also plays an active role in the community as a board member of the Make-A-Wish Foundation and Cleveland Clinic Children's Council in addition to his role as Treasurer of the Avon Lake Football Club, stemming from his passion for football!This was a really fun conversation for me, as a long-time student of public market investing, TJ and I got to really unpack the wealth management business and industry overall, the intersection of investing and entrepreneurship, the psychology and cognitive biases of investors, his formative past as trader on the exchange floor, the evolution of Journey Wealth over time in service of entrepreneurs, leadership, and so much more.-----Lay of The Land is brought to you by Ninety. As a Lay of The Land listener, you can leverage a free trial with Ninety, the platform that helps teams build great companies and the only officially licensed software for EOS® — used by over 7,000 companies and 100,000 users!This episode is brought to you by Impact Architects. As we share the stories of entrepreneurs building incredible organizations throughout NEO, Impact Architects helps those leaders — many of whom we've heard from as guests on Lay of The Land — realize their visions and build great organizations. I believe in Impact Architects and the people behind it so much, that I have actually joined them personally in their mission to help leaders gain focus, align together, and thrive by doing what they love! As a listener, you can sit down for a free consultation with Impact Architects by visiting ia.layoftheland.fm!-----Connect with TJ on LinkedIn — https://www.linkedin.com/in/t-j-gliha-aif%C2%AE-cepa-a4ba801/Learn more about Journey Wealth — https://www.journey-wealth.com/-----For more episodes of Lay of The Land, visit https://www.layoftheland.fm/Past guests include Cleveland Mayor Justin Bibb, Steve Potash (OverDrive), Ed Largest (Westfield), Ray Leach (JumpStart), Lila Mills (Signal Cleveland), Pat Conway (Great Lakes Brewing), Lindsay Watson (Augment Therapy), and many more.Stay up to date on all our podcasts by signing up for Lay of The Land's weekly newsletter — sign up here.Connect with Jeffrey Stern on LinkedIn — https://www.linkedin.com/in/jeffreypstern/Follow Jeffrey Stern on Twitter @sternJefe — https://twitter.com/sternjefeFollow Lay of The Land on Twitter @podlayofthelandhttps://www.jeffreys.page/

My guest today is Salem Abraham, the President of Abraham Trading. Salem graduated cum laude from the University of Notre Dame in December 1987 with a bachelor's degree in finance. He began his investing career as a futures trader while still in college, using quantitative models to trade global futures markets beginning in 1987. Throughout his career, Salem has managed investments in stocks, bonds, options, derivatives, and private equity. He has held full membership seats at both the Chicago Mercantile Exchange and the Chicago Board of Trade. Salem has bought and sold more than 200,000 acres of land and resources. He manages investments in oil and gas properties, wind rights and residential, commercial, and agricultural real estate properties. The topic is Trend Following. In this episode of Trend Following Radio we discuss: His personal background and values Meeting Jerry Parker and his trading strategy Influence of individuals like Richard Dennis, Jim Simons, and Paul Tudor Jones on trading Concerns about extreme events and risk management Diversification Inflation and its impact on stocks The role of trend following and CTAs Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

CHRIS LAUTENSLAGER – Today's podcast looks at Freedom specifically through the Lens of small business and how they may just be the key to restoring our culture and maintaining the American Spirit and the American Dream! Because of authoritarian business closings, lockdowns, and mandates, millions of small business owners were negatively affected including over 100,000 who are permanently closed. It devastated local communities and the economy as we saw a tremendous transfer of business to big box and online retailers like Target, Walmart, and Amazon. Many of these large companies participate in woke ideologies that most Americans are tired of.Meet Chris Lautenslager.Chris is an expert in business and recognizes the importance of small local business ownership. His forty+ years career started with building a trading firm on the floor of the Chicago Mercantile Exchange in partnership with his brother Curtis. He was then recruited to NYC for senior positions, working at some of the world's premier financial institutions, including Credit Suisse, SAC Capital Management, John W. Henry & Co., and Intercontinental Exchange. Chris came to witness, experience, and understand how business really works in the U.S. Recognizing the importance of small businesses to our society's health, Chris advocates for the benefits and value of small businesses over the abuses of global institutions.

Episode Notes Should wealth management firms build their own technology or integrate with third parties? Carson Group chief technology officer Nimesh Patel joins InvestmentNews technology editor Ryan W. Neal on the T3 conference floor to discuss the options for creating a differentiated technology platform, and their shared love of “The Last of Us” on HBO. Guest Bio: Nimesh Patel is chief technology officer at Carson Group. Prior to joining Carson Group, Patel was CEO of Prefix Health Technologies, a tech startup that modernized access and delivery of social benefits to vulnerable populations. Previously, he served as COO and CTO at Cresset, a startup in capital markets, where he helped incubate and grow the firm to reach $5 billion in assets under management in under two years. Other career stops include five years as CTO of Emmi Solutions, a healthtech company, and work in a variety of technology leadership roles at UBS (Hong Kong), Intercontinental Exchange Trust, Boston Options Exchange and Chicago Mercantile Exchange. As an independent financial advisor, you need a custodian who truly understands your hopes, your dreams, and your headaches. For the last three decades, Schwab Advisor Services has been there for thousands of advisors just like you who want to serve their clients' best interests – whether they're just starting out or have more complex needs. Together, we can help you build the future you want for your practice with Schwab's expert guidance, technology platform, and hands-on support.

http://ExpertTalk.fm ~ Chris has an extensive background in finance and economics, having worked on the Chicago Mercantile Exchange for 11 years and obtaining an MBA. He is a passionate supporter for investing in oneself and advocating for lifelong learning. Chris also emphasizes the importance of small businesses, which can be beneficial for bridging communities and providing customers with an enhanced experience. Finally, he emphasizes the importance of maintaining good posture as it can help alleviate pain and discomfort. Chris is a seasoned sales and business veteran with a Masters in Finance and Economics from Northwestern University. His forty-year career began on the floor of the Chicago Mercantile Exchange, where he started his first business in partnership with his brother Curtis. With the introduction of electronic trading, he transitioned to Wall Street to participate in this disruptive new technology. As a Senior Sales Executive with some of the world's most prominent financial institutions, he learned the business practices that can propel or crush a company's potential for success. He was able to apply those lessons as a Founder and Board Member of a small business which developed into a publicly listed company on NASDAQ. #ExpertTalkWithTGo #ExpertTalkXtra #TalkShow #PodcastToBroadcast #TheresaGoss #ExpertTalkFM #Roku #Pandora #iHeartRADIO #PodNationTV #talkshowtv #talkshowonline #talkshowhost #podcast #motivation #broadcast #listennow #entrepreneurs #marketing #TGoTV #9at9 #FastFunInformative #LightsCamerasTakeAction #Trailblazers #BusinessWorld #StepByStep #ConquerChallenges #AmazonPrime #iHeartRadio #ROKU #AmazonFireTV #AppleTV #COXCommunications #FamilyChannel #9at9 #NoteworthyEntrepreneurs #PathBreakingVisions #HardWork #Resilience #Success

Chris is a seasoned sales and business veteran with a Masters in Finance and Economics from Northwestern University. His forty-year career began on the floor of the Chicago Mercantile Exchange, where he started his first business in partnership with his brother Curtis. With the introduction of electronic trading, he transitioned to Wall Street to participate in this disruptive new technology. As a Senior Sales Executive with some of the world's most prominent financial institutions, he learned the business practices that can propel or crush a company's potential for success. He was able to apply those lessons as a Founder and Board Member of a small business which developed into a publicly listed company on NASDAQ. ‌Driven by an unshakable desire to partner with the leaders of small and medium businesses, Chris founded GET LOOPED, LLC as a platform to showcase the value and benefits of a collective prosperity for people, businesses and communities. Today, he helps businesses and CEOs incorporate prosperity in collaboration with profitability into their business practices. Unleash the Champ Leadership Podcast is Produced and Edited by @TheRobNoble. While podcasting is free to you as the listener, it isn't free to produce and promote. You can help Unleash the Champ Leadership Podcast for free by giving a 5 Star Review and sharing this episode to someone who would benefit from it. Means the world to us as we continue to grow our community here at Unleash the Champ Leadership Podcast.  

Bill Provenzano, a seasoned trader who started his journey in 1987 on the vibrant floors of the Chicago Mercantile Exchange (The Merck) shares an inspiring tale of synergizing his Christian faith with his trading and business ventures. Drawing wisdom from biblical principles, delve into the profound connection between meditation, renewing of the mind, and stewardship. This episode's takeaways:A holistic approach to trading guided by faithThe transformative influence of mentorship in tradingUnveiling the potential of faith-based enhancement in trading performance About Bill ProvenzanoBill Provenzano began his journey into trading as a Runner on the floor of the Chicago Mercantile Exchange, also known as “The Merc”, in 1987. He was just 19 years old. Within three years he became a member of the exchange and traded his account as an Independent Floor Trader in the Eurodollar futures pit. Bill's trading success grew over his nearly 20 years at the Merc. When computerized trading took away the need for floor traders, Bill left the trading floor and went on to build two successful non-trading-related companies. But he continued trading commodity futures electronically and coaching other traders.  Bill has a very unique perspective in that he is unapologetic in his belief that his Christian faith plays a vital role in his professional performance. In his book, Trading With Faith; 12 Biblically Inspired Principles for Trading Success, he shares the biblical principles he leaned on during his trading career that he believes were instrumental to his success as a trader. Bill and his wife of 25 years enjoy traveling and just celebrated the birth of their first grandchild.  Contact Agnieszka Wood | Ahead Coach: Website: aheadcoach.comTwitter: @Ahead_CoachYouTube: @aheadcoachFacebook: Agnieszka WoodInstagram: ahead.coachLinkedIn: Agnieszka Wood Contact Bill Provenzano:Website: www.tradingcoachbillpro.comGet Bill's new  book here https://a.co/d/ec8c44N Transcript:[00:00:00.410] - AgnieszkaWelcome to the Confidence in Trading podcast. I'm Agnieszka Wood. In today's show, I have the pleasure of speaking to Bill Provenzano, who began his trading journey in 1987 as a runner on the floor of the Chicago Mercantile Exchange, or the Merck. He was just 19 years old. After several promotions, Bill realized his goal of becoming a trader and grew his success on the trading floor for nearly 20 years. In a moment, Bill will tell you himself what happened after and what he's up to right now. Bill and I share a passion, and not just for trading, but also for helping other traders on the way to their success. However, Bill has a very unique perspective on what plays an important role in trading performance, an approach that I have never heard of before. And that is what triggered me to invite Bill on my show to talk about it. Welcome to episode number eleven. Can prayer improve your trading? Hi, Bill, welcome and thank you so much for making time to be my guest today. [00:01:14.420] - BillThank you so much, Agnieszka. I consider it a pleasure being on your show, your podcast, and I'm an admirer of the work you do in this space. [00:01:22.330] - AgnieszkaThank you so much. I appreciate it. I am so excited about hearing your unique perspective. There are so many different ways to success, but the one you are talking about, and you will share with us in a minute, that is something that I have personally never heard anyone talk about. But before we get into that, could you tell us a little bit about your trading journey? How was it to leave the trading floor after so many years? And did you continue trading after you left? [00:01:54.970] - BillThe answer is, it was a shock and yes and no. So I'll just jump back real quickly if I could, back into the late 1980s when I was first introduced to trading. I was just out of high school. I was in my first year at the local junior college. I fully anticipated going into law school. My father was an attorney, and within my father's law office was another attorney who had a brother who was a trader, and he traded S&P Futures. And my father, one day we met every week and my folks were divorced. But every Saturday, myself and my two brothers got together with my dad. We would work for my dad. We cleaned his office, which I'll talk about, which kind of opened up another world for me later. So we used to clean his office on Saturday mornings, and then we would all go out to breakfast. And as for breakfast, one day, my dad was like, look, there's a guy in our office. His brother, the gentleman's name was Ronnie. The attorney in his office. Ronnie has a brother named Danny. And I don't know what Danny does exactly, but it's something about trading and S&Ps. And I don't know, I think you guys should meet him. Okay? So my brother and I made an appointment to go down to Chicago Mercantile Exchange and meet, meet with Danny. And I never even heard of the Chicago mercantile exchange. I never heard of trading, I never heard of S&Ps, none of it made any sense to me. But we went down to the Merck, and as you're walking up 30 south whacker, that's where I worked for almost 20 years. As you're walking towards the building, there's all these people out in the front with all these jackets, these colorful jackets on, and 80% of them, 90% were smoking, and my brothers and I were not smokers. So we walked through them like, what's all this? What are these guys doing? So you walk in the front doors there at the merck of 30 south whacker, and then you go to the far right, because that's where the visitors gallery was. That's where we needed to meet Danny. We're going to meet him in the visitors gallery. So you take the elevator up to the fourth floor, the doors open, and you turn right. And as you turn right, the trading floors are no more. But back then, you turn right and you just see this wall of glass, and you just hear this sort of dull roar. And as you start walking towards this wall of glass, you see all these colors, these wallboards filled with numbers and words. And then as you're getting closer and closer so to paint the picture even better, the visitors gallery bisected the trading floor. So as you got to the glass of the visitors gallery, if you look down one level, that's where all the trading pits were. And then you can look up another, like one story, and that's where all the wallboards were. We walked up to the glass, and I'm looking at it, there are moments in your life where the trajectory of your life changes. I looked down at that and I said to my brothers, I said, I don't know what they're doing, but I want in. I need to be a part of this. And I'm not someone there are some people who, when they're told no, it's like that feeds them to do that. That's really not my approach is more like if I look at somebody who's doing something and doing it well, the exclusion of that is a professional basketball player, professional athletes. I know I'm never going to be one of those. But if I see somebody and somebody doing something well, I look at them and I say, look. Not in an overconfident kind of way. Look, but look. And I said this to my brothers at the time. I said, look, we're three intelligent guys. No one works harder than us. And we've got some level of street smarts, we've got a good level of book smarts. We're hard workers. There's no way that we can't do what they're doing. And I don't know what they're doing, but it looks like I want to do it too. [00:05:57.730] - AgnieszkaBut I want a jacket like that. [00:06:00.050] - BillBut I want one of those jackets. So I'm the youngest of three brothers. My oldest brother got a job on the floor as a runner at the beginning of the summer. I was able to get a job at the end of that summer. And this was the summer of, I think it was I was 19. So that would have been the summer of 87, late summer of 87, and I got a job as a runner. [00:06:24.240] - AgnieszkaI'm actually not sure what does the runner do? [00:06:26.430] - BillSo back in the day so now imagine when you've got your mouse in your hand and you click an order to buy or sell that's transmitted electronically. Back then. It was you pick up the phone, you call your floor broker on the trading floor, there's just walls and walls of phone banks. And so depending on the company, you're clear trades through, let's say you cleared your trades, know, back in the day was Revco or all the different. So let's say you cleared your trades through Revco. You would call the Revco desk and you would me buy me five S&Ps. The clerk would write that down on an order slip, buy five S&P. Then the price, whether it's a market order, limit order, whatever it might be, hand it to the runner. The runner takes the order and delivers it to the trading pit. [00:07:11.270] - AgnieszkaGot ya. [00:07:11.530] - BillYou just in me describing all that. You can see why electronic trading is way more efficient because all of that requires so much labor and time that you can do on a click of a mouse right now. So I started working as a runner, and it wasn't long before I realized, look, I had a mentor later on in life who described it to me like this way. He said when he started work at this one particular job, he looked around, he said he said, who's the highest paid person at this place? This was a mentor of mine was telling me the story. He got a job at I forget where. He said, but he got a job. And he asked the guy that was hiring, who's the highest paid person in here? And the guy pointed to this guy over here. He says, okay, how do I get his job? So when you're working on the trading floor as a know, you're making peanuts, and it doesn't take you long to realize that the traders, the guys in the pit doing the yelling and the screaming, the writing of the cards, they're the ones making the money. And that's what I wanted to do. And then as you're there, like I said, I started at the Merck. So right down the street was Chicago Board of Trade. Chicago Board of Trade traded. They had the treasury bron. Futures was their big contract. They had a lot of the agricultural stuff, the grains at the Merck, we had the meat, so to speak. So we had the live cattle and that, but then we had the currency futures, we had the eurodollar futures, which were short term interest rate futures and the S P futures. But all that to say, as you spend time within this business, whether it's as a runner, whether you just get introduced to trading through your Uncle Jim, whatever it might be, you start getting introduced to different products, and you will just start to just naturally gravitate towards a particular product that you like to trade. For some people, they like to trade stocks or they like to trade penny stocks. Some people like trade tech stocks, some people like to trade options only. So it's in that immersion within the business. As you come in within the business, you will just naturally find sort of where you migrate towards within that business as a runner. [00:09:21.820] - AgnieszkaHow did you know? Because you were pretty much bringing the orders like you didn't actively trade it. So just like imagine the new trader just steps into the market, also doesn't know what am I gravitating towards? [00:09:34.700] - BillYeah, and let's think of it in the same way as someone who just gets introduced to trading today. They just sit down and then in the same way, they're just going to start scratching the surface and learning more. Well, as a runner, I started in the meats, so I was delivering the orders to the live cattle, live hogs, pork belly pits. The only way I can say it is that segment of the market didn't speak to me, so to speak. I was gravitating more towards the interest rate future markets, which were the euro dollars. Euro dollars is sort of a misnomer. Euro dollars are the 30 day interest rate market. And so think of it as very short term interest rates. You got the 30 year bond and then the ten year bond, the five year note and the year dollars. So that's the interest rate spectrum. [00:10:22.330] - AgnieszkaRight. [00:10:22.890] - BillSo I just started gravitating towards the year dollars. Well, most because I had a couple of friends that were trading in there. I had a really good friend who I've met day one on the trading floor as a runner. I met him, he was two years ahead of me, sort of on the totem pole, and he was already a desk manager and working his way, knowing that he was going to go into trading as soon as he can. Just sort of because you need some capital. And that's the other thing I want to talk about and I know this conversation can go off in so many different tangents. [00:10:53.750] - AgnieszkaI see it. And you know what was really beautiful about this? It is all still so vivid in your memory and as you say while you're talking, you're like literally and of course people who are listening on the podcast. You cannot see it, but you really have it, like, in front of you still. It's just still so alive. It's so beautiful. [00:11:12.730] - BillYeah. All that to say, there are two points I wanted to get to. That the story I just told, sort of spoke to. I didn't start trading until 1991. Three full years, right? Three years of immersion in the business. I mean, immersion in the business, learning all different aspects of it, all different nuances of it, before I ever placed a trade. You know, and I know the Internet has decimated the boundaries to get into this business called we call trading. And the people that are migrating into it without any they're going into a deep forest without a guide. And I don't fault them. They just don't know what they don't know. And that's okay. But it's important to find a guide to say, hey, look, I've been there, I've done that. Let me just kind of grab you by the hand and kind of walk you through this to help you not only understand that you need a plan if you're going to trade, but you better have some foundational things in place, too, and that are going to be more because this is a mind game. Trading can mess with your mind in a bad way, and if you don't have some foundational, mind and heart issues resolved and solidified as your base, your foundation, you're going to build your trading business on a faulty platform. That was number one. I wanted to speak to the fact that it used to take years before you would place a trade, and that time period, and it used to take a whole lot of capital before I could ever place a trade on the trading floor. Not only did it take years, I had to take a two week course at the Merck. I had to go in front of the board of governors that has seven person board of governors and be asked all sorts of questions. Once that was approved, I had to be on the trading floor with sort of a guide, a trader who would take you by the hand and walk and take you by the hand is the wrong word, but would be with you for two days and make sure that you've got a sense of what's going on there. And on top of that, you had to put up a back then you had to put up $50,000 with the Merck as a guarantee, like, hey, if you blow out your account, you would have your clearing firm who would process your trades. And then the Chicago Mercantile Exchange is the ultimate processor of the trades. So you had to put up money in your trading account with the company. But then the Merck, they wanted a $50,000 deposit. So in case you blue throat. So there were safeguards. There were so many safeguards and so many gauntlets. You had to go through before you placed a trade. All of those acted as barriers to entry that they're just gone. Those barriers to entry are completely gone. [00:14:25.380] - AgnieszkaSo you started trading, and you were successful right after all the things you ... Was it, like, immediate? [00:14:33.890] - BillNo, not at all. Not at all. That speaks to grit and sort of the learning curve that you got to go through. The first two years of trading, where I actually traded first initially was someplace called the Mid America Exchange, which was housed within the Chicago Board of. So my success at the the mantra back then was, if you can break even your first year, first year, you're doing great. And that's what I did my first year, I broke even. Second year, I made a little more money, and then that's when I went over to the Chicago Mercantile Exchange, and I started trading euro dollars. And back then, you either had to own or lease a membership known as a seat. So I don't know if that term is even still familiar nowadays. So in order to trade, there was a limited number of seats at the Merck, and every exchange had seats. And so to trade in whatever pit you wanted to trade in, depending on which pit you wanted to trade in, there were three different types of memberships, three different levels of seats. So I signed a six month lease to trade in euro dollars. And after the first month, I called the guy. I said, look, I'm done. I'm just not making enough money. I wasn't losing money, but I wasn't making money, and it wasn't clicking. And so this guy was I remember I just remember this guy. His name richard. He said, Bill, just I'm telling you, Bill, just stick it out. There's something I see something in you. Just stick it out. I think you can do it. So ultimately, I did give him back a seat, but here's, for me, I consider it providence, capital P. Providence. I had signed the seat back to him. Let's say we signed through the end of the month. I said, okay, on the 30th of the month, I'm giving the seat back to you. Well, in that last week of the month, I had a really great week. I thought, okay, there's something here, but now I got to give this guy a seat back. So I had to scramble to find another seat, and that was sort of the turning point that week. I can kind of look back as, okay, something happened here that week where maybe I just kind of caught onto something. And my success wasn't meteoric from there, but I had a good first year. The second year, I doubled my first year. My third year, I doubled my second year. And by year four, five, six, the numbers grew, and there were some within all of that. Going into late 90s, there was a real interest rate contraction. The market short term interest rate market really contracted, and the market was just super slow for a period of time. But all of that to say, overall, there were really good years throughout until we felt the electronic trading was sweeping the landscape. Come 2004, 2005, it's an incredible story. [00:17:55.080] - AgnieszkaAnd I think you're so passionate about it, so it's really great to hear all the details. So you finally achieved a success, and I think that pivotal point from what you're saying, I recognize something that I see also with other traders, that the moment that the pressure is off, traders tend to perform better. So maybe that moment where you said, okay, I'm going to quit this, that's when the pressure was off, and that's where you had this great week. [00:18:28.130] - BillThat's a great observation. That really is. That really is a great observation. And I think another thing to turn that screw a little more, it also helps for those who are just getting into this realm, have other sources of revenue. I had finished college. I was working a couple of jobs. In the evenings, I was living at home, helping my we had my grandmother was living with us, so my mom needed help with that. So it worked out well where I was able to live at home, help out with the bills at the house. I didn't need the trading income at that time. Right. I was 21, 22 years old, living at home. So it's not like I didn't have a lot of overhead. So any pressure you have any 22 year olds? And I hope 22 year olds today feel that same pressure. The pressure like, okay, I need to get active and start my life and get this thing going, whatever this is for them. I certainly felt that need with trading because I had a huge passion for it. I really felt I could be good at it. But there wasn't a crushing need to make money right away. It was more of a desire, of course, who doesn't want to whatever endeavor you're in, presumably you're endeavoring to not just make money, but to perform well. [00:19:49.630] - AgnieszkaSo what happened after? So then you left the trading floor, and what was the next step? [00:19:56.380] - BillYeah. Between 2004 or five, six, seven, I was on and off the trading floor. But I started to see these floods of people coming into this space because I would see all of these Infomercials TV commercials for trading platforms. Because I'm contemplating the shift between going from trading on the trading floor to trading on a computer screen. So as I'm contemplating that shift, I had taken some time, done some deep analysis. If I don't trade anymore, what are some things I want to do? And I listed three things that I wanted to do. Let me talk about a second. But as I was on my way to do those three things, the different three different career paths that I thought would be career number two, I started to see all of these infomercials and all that for different trading. Platforms like trade this platform and you know the commercials I'm talking about where the guy or gals on the golf course or sitting on the beach all the free time for your family. Those commercials, I was incensed when I saw those commercials. That was 2004, 2006, seven, eight, something like that. [00:21:09.740] - AgnieszkaOkay. At that time, I had no idea about the market. I have not seen any commercial, and I was in the Netherlands at the time. So keep going. [00:21:20.170] - BillYeah, this is about the time know those people that were in software development or whatnot knew, okay, well, here's a new market for us to exploit. And I'm not saying exploit in a negative way. I'm saying what new opportunities, right? Yeah, of course. This thing called trading is going from this open out crisis system where people are yelling and screaming to an electronic platform, and there's going to be a wide market of people who are going to want to learn about and how to do it. I started to explore, okay, do I want to buy a trading system? Do I want to develop my own trading system, whatever it might be. So I started going to some conventions and different day long seminars on different things that had the reality is the most part is a lot of them were sales pitches, right? You sit and you watch. This is how our trading platform works. Look how well it did at picking the highs and the lows. Well, great, we can all do that. And when they start the conference with, hey, everybody, hold your questions off to the very end, that's when you know, like, okay, well, maybe there's a problem with their coming. As someone who's been in the business for, at that time, 1617 years, like, okay, I can see the value in their product, but I can also see how they're pitching it to a room full of people that are. And sure enough, the presentation would end and 810 twelve people go to the back of the room and plunk down $3,000 on the credit card. And I saw this happening time and time again. So I wrote an article, and the article was posted in a Christian magazine with national distribution. And the article was just a cautionary tale. And it was, in essence, like, look, okay, this new world of trading is going to look a lot differently than it did before. The barriers to entry are going to disappear. Anybody that has a laptop or Internet access is going to be able to, in a matter of probably 30 minutes, fill out some application, connect their checking account to it. This is when I really became incensed. I went to A, and I won't mention the name of the company because they're actually very well known in the trading education space where I went to A one day seminar where they talked about this was more about trading education, and they were advising people to trade their IRA money. Like, okay, take your money out of your IRA and put it into your trading account. As soon as I saw that, somebody's got to say something here. I'm 30 some years old, and how am I the adult in the room? So, like I said, I wrote this article, and it was a faith based Christian magazine. It dealt with the financial like a financial magazine for the Christian realm. And it was published in there, and it was a very long article. I've done a lot of writing over the course of my over my life, and it got published. It was such a long article, it had to take two two issues for it to be fully published. And at the end, I said, if you have any questions, contact me at this email address. Almost 200 people contacted me, and they contact me with questions from everything like, hey, I'm exploring trading to I sold my business, and I lost all my money trading. So I saw this. I'm like, what do I do with this? So I just started gathering these emails, and some people included their phone numbers. I started calling them like, okay, tell me your story. And one guy I called one phone call, very vividly. The guy says, I sold my company for just over $300,000, and money's gone. I started trading it. The money's gone. And I thought, oh, wow. And then I heard the story again, and then I heard another story again, and I can tell you, I know personally this isn't theoretical. I personally know traders from the trading floor who had net worth of between five and $10 million who are now broke. And I don't mean like, okay, they are dead broke because they could not give up the ghost of the success they had on the trading floor. They thought it'd be instant on the computer screen, and they could not make that transition. And I'm not being hyperbolic here. So I wrote this cautionary tale, like I said, and just so many people contacted me, and I thought, okay, what do I do with this? [00:25:53.970] - AgnieszkaSo what did you do with this? Did you started coaching them? [00:25:57.670] - BillYeah. So the people that contacted me again, we were all coming from the same position of faith, right? It was a Christian magazine. So these people were positions of faith. We share the same ideology. And so I just sort of did a rear view mirror look of the principles and guidelines I had used throughout the course of my trading career that I believe were sort of guide rails and the tailwind to my success, right? Guide rails that kept me within the right lane and the wind at my back, so to speak. And I did this in a very short period of time, and I put together what I thought was going to be just a long essay. It turned out to be almost a 60 or 70,000 word book that at the time I called it The Ten Biblical Principles for Trading Success. It talked about the ten principles that I felt were, like I said, the guidelines, the guardrails for my success, as well as the tailwind at my back. And then I also wrote about the trading traps, the things that you don't know about, right? The things that you haven't encountered yet, the things you don't know that you dont know. [00:27:07.550] - AgnieszkaIs that the book that was just published a few weeks ago? [00:27:12.170] - BillThat was the precursor to that. So I wrote that book, and just real quickly here then I contacted all the people that had contacted me. I said, look, I wrote this book. I'm not going to publish it, but I'll give you the work that I created. And if you want to do, we'll just do like a two week informal course where I'll just sort of walk you through the book and we'll meet 3 hours a night for two weeks in a row. And I'd be happy to just sort of do that for you folks because I think it's important that we do so 2030 people or so in different segments, not all at once. So I just sort of started coaching these folks, and some of the coaching continued beyond that. And so just to sort of put a period to this, once that was done, I put that on the shelf, an electronic shelf, so to speak, because it's an electronic format, because I wanted to explore those three businesses that I had sort of identified early on or when I was leaving the trading floor. I wanted to explore those businesses. And once two of those three businesses, I own multiple rental properties and I own a commercial and residential cleaning company. Why I wanted to it's just getting to know thyself. I just knew that I wanted to own rental real estate, property, and I knew I wanted to own a cleaning company. And so I started these two businesses. I've grown them over the course of the last 1012 years or something like that. And now they're at the point where and I knew about a year ago, I thought throughout the course of the last ten years or so, I knew that book was it was always there. It was calling me. I'm like, I know the time will be right. And about a year ago, it was like, okay, now's the time to get that book back off the shelf, dust it off, reedit it. That's what I did. So I revamped it a bit. And now it's called The Twelve Biblically Inspired Principles for Trading Success. Because I added a couple more. Well, it's called trading with faith. The Twelve Biblically Inspired Principles of Trading Success. I'm reaching back out to folks that are looking to be coached from just like a. Married couple would probably reach out to if their faith and they want to approach counseling from a faith based perspective. I've seen that people within the trading realm want to have somebody that speaks their language, so to speak. [00:29:47.920] - AgnieszkaOkay, so let's talk about it a little bit more. But before we do, I want to ask you, so while you were developing those two businesses, right, that's quite a lot on your plate. You were still trading right, for yourself. How did you combine those two? [00:30:03.490] - BillWhat I was doing was I was searching for a trading methodology that fit within my new paradigm. Right. So I knew the products that I wanted to trade, commodity futures. Right. That's just sort of my background. So I knew I wanted to trade commodity futures. And specifically, I'm talking about S P futures, Nasdaq futures, gold futures, currency futures, and the know the grain futures. So I knew that was the product that I wanted to trade. But I needed to find a new methodology that was in sync with the fact that I've got two businesses to run. So it took time, and I was taking more time. Just daily looking at the charts, looking for trying to identify my new high probability trades. Right. What are the triggers I'm going to be looking for? The chart generated triggers that I'm going to look for that are going to be my high probability trades. And so each evening and I've been doing this for ten plus years, I would just look at the same 1520 charts and just keep making notes identifying the high probability trades that I'm seeing emerging. And I just kept keeping a catalog of these things, or growing and growing catalog of these things. And then about a year ago, I started actively trading again. But the methodology which I trade now is I'm only placing between two and five trades a month. I'm not looking to actively scalp the market. I'm not necessarily looking for intraday trades, even though sometimes they might happen. So that's an important thing for people to hear. Find the methodology that works within your current paradigm. Right. Most people have a nine to five, and they're not going to just walk away. I would advise them, don't walk away from your nine to five, but find a method trading methodology that fits within your paradigm and nurture it, develop it, study it, and just come to know it better than anything else. [00:32:14.510] - AgnieszkaYeah. Because at some point, once you do that and this way kind of organically integrated into your life, it is so much easier to make the transition. When you notice that you start making money, the transition is much more organic and easier. There is no push, no stress, no mass. I have to make it. It just all disturbs. And I think it is with everything in life like that, the more organic, you let the things happen. Maybe not even I take the word organic out because the more you let things happen by itself and don't push too much, things are kind of being taken care of, if that makes sense. At least that's how I experience in my life and it just makes sort of effortless action. [00:33:10.510] - BillYeah, and that makes total sense. And that can happen best in an environment where you don't need to make money trading. Where you want to make money trading. Right, right. If you put yourself in a position of need, what you just described becomes a whole lot more difficult to unfold. [00:33:27.050] - AgnieszkaI totally understand. I've been there because I was one of the people who have done exactly what you were describing and I cut myself off of the income that I had and decided to be a day trader. So I did go, I have chosen the difficult path. [00:33:44.390] - BillYeah. Well, the difficult path seems to be the one that has the most lessons on it. [00:33:48.990] - AgnieszkaThat's true, that's true. [00:33:50.240] - BillThere's something good in all of that. [00:33:52.280] - AgnieszkaYeah. And so I discovered later on that was the path, it wasn't the path of the least resistance that I used to choose in my life, but the other way around. I have changed it. And I must say my life became much easier now and I actually achieve much more with that and move forward much quicker. So that's very interesting. So what I am really keen to hear from you because you're talking about the biblical principles and how your faith helped you to achieve success. Can you tell me more about it? Because I actually grew up as a Catholic, so I am very interested in how did you even made that connection.  [00:34:34.500] - BillYe so, just to touch on what you said. So it was the Apostle Paul that said the fruit of the spirit. You mentioned multiple fruits, but three of them are peace, patience and self control. You couldn't name three more important characteristics for success in trading and success in relationships, success in all areas of life. And so I didn't believe that my faith should come off the shelf one Sunday a month or one Sunday a week for a couple of hours and then be put back on the shelf. There was a gentleman named Larry Burkett who wrote a book years ago, and I'm talking about late 80s, early 1990s, a book called Business by the Book and the book capital B, the Bible. So he was the first one that I discovered sort of made this connection of, look, our faith, our Christian faith, it's not just for the pastors and the priests. We as people in the business world, we have the mandate of stewardship of our time, talent and treasure. And we also have, like I talked about, I remember I said you've got the guardrails and the wind at your back. So the Apostle Paul wrote, be transformed by the renewing of your mind. So going back to when I was just starting college, I started this thing, a morning routine, and I became more disciplined as I grew older, but a morning routine that included just time in prayer and Bible reading. And as I entered into trading and I came across Larry Briquette's book, Business by the Book, I thought I sort of realized, yes, this is what I'm looking for. It's not exactly what I'm looking for, but it's this recognition that my Christian faith, it's not just for Sunday mornings. It can come with me to work, and it can have within it these guidelines. Like I said, I'm going to read some of the verses that were really important to me. And they're just the kernel that we can expound upon. But be transformed by the renewing of your mind. Take every thought captive. That's from the Bible, the Old Testament, and even the New Testament time and again refers to meditation. One of the very first Bible verses I memorized was Psalm one, one through three. And it talks about the prosperous man or woman is the one and prosperous. I'm not the prosperity preacher, right? Prosperity is peace. Prosperity is financial. Prosperity is internal peace. Prosperity is not just for the material realm. It's for all your relational realm. And people get when you get that out of skewed, it creates all sorts of problems. But the prosperous man is the one who meditates on the word of God. And Psalm one, it talks about that very explicitly. Some other verses that I think were really interesting that I held onto was when I was in beginning of my business. If you look at going back to an Old Testament verse, Leviticus, it talks about when you enter into a new land. Remember, this is an agrarian society back then. Right. These are people that grew crops and raised livestock, and that was their currency. Right. That was their business. Right. And spices, that was the currency of the day. And one of these verses that I read that I really held onto that sort of gave me hope was when you enter the land and plant any kind of fruit tree, regard its fruit as forbidden for three years, you are to consider forbidden. It must not be eaten. So for three years, plant your vineyards, plant your trees, and for three years, don't touch the fruit of your trees. Let it grow. Well, what a great, like full of metaphors, right? Yeah. What a great lesson for any business. Right. Even when I started my cleaning company and my rental property business, especially in trading, because in trading, anybody who's watched Shark Tank knows the term scale. You want to scale your business. The way you scale in trading is to add more size to your positions. Well, the only way you can add more size to your positions is if you have more money in your account. [00:38:57.020] - AgnieszkaThat's right. [00:38:57.680] - BillAnd in order to do that, it's hands off. Leave your hands off that money and if you can let it grow for three years, great. And I would even say give it five years, because the first couple of years is going to be education. The market is going to extract tuition. Right? The market needs its tuition. Yeah. [00:39:21.940] - AgnieszkaAnd that's what's often forgotten, right, the tuition. It's like, whatever new career or whatever new thing you learn, you have to pay for it. And that's a lot of time. It's forgotten that just becoming a trader is a very costly education. I'm not talking about paying the actual education, but the on the job training because of the losses, which are basically investment in your business. But that is something that a lot of time is forgotten. Definitely. [00:39:54.590] - BillI am unapologetic in my belief, especially today, because as I look back on my trading career, there were no trading coaches. I started seeing the emergence of three trading coaches back right around the late 1990s, and I can there was Brett Dr. Brett I can't think of his last name. There was a gal, and then there was Doug Hirschhorn. Those that are in the trading realm might know who Doug Hirschhorn is. Doug Hirschhorn was a floor trader. He played Division One baseball, I believe, and he was one of the first people entering this trading coaching space. Now, late 1990s, I'm already having a fantastic career. As I sit here, I can look back and say, I can tell you my single biggest regret as a trader was not hiring a trading coach. And I'm telling you that's someone who was making seven figures a year on several years is saying that because I knew that I could perform even better. I knew that I was good and getting better. And as I look back when I first met Doug Hershhorn again, this idea of a trading coach was completely new to me. And I had met he goes by Doctor. I had met him, and he was just beginning his career as a coach. And at the time, he was $5,000. He was $5,000 to hire as a coach. I thought, wow, that seems like a kind of a steep price tag. And I didn't disregard him as Tiger Woods has a swing coach. His swing coach doesn't play professional golf. The fact that he wasn't a professional trader didn't matter to me. Yeah, I wanted someone who could pull a better performance out of me and why I didn't pull the trigger and hire him at the time, because now he's 25,000, 30,000 minimum. But looking back on my career, that is my single biggest regret, is that I didn't hire a trading coach even when I was having very good success. So I say that because we were talking about tuition a little while ago. The market is going to extract tuition from you. It will. The question is, can you minimize the tuition you pay while maximizing the benefit that you learn? And I am unapologetic that a trading coach, one that you connect with. Just like if you're going to a counselor, just like if you're hiring a coach for yourself, a golf coach, or your children's athletics, find one that you jive well with. Like I said, in my world, those that we speak the same language, so to speak, we're coming from the same position of faith, that we're not afraid to incorporate the tenets of our faith within that. In the course of writing that first book, I was doing, just digging, digging, doing research, I came across a gentleman named Dr. Derek de la Pena, and he wrote a book called Sports Psychology and the Scriptures. And it was the first book I finally came across, like, whoa, there is somebody else out there who's speaking the same language now. He was speaking to athletes. And I've long held the position that there are so many ways to equate traders with athletes. Specifically, the best corollary I have is a trader is like a batter at the plate. There are so many corollaries to that batter standing at the plate right there's, pitches coming at you. Each one of those pitches represents a trading opportunity. Each swing represents an initiation of contact with the market. There are so many corollaries to the two that I was so excited. So I got that book. I tracked this guy down, Dr. Derek Phil Pena. And he and I have had conversations ever since. So I'm like, finally there's somebody who's speaking the language that I'm trying to talk about. And this field of incorporating your faith, there are so many studies being done right now in the context of how does prayer, one's faith, their belief system? People forgive me for the way I'm about to say this because I'm going to use the wrong word. How can that be used to better your trading performance? I think of it better as how do we steward the talents and treasures we've been given to maximize the opportunities we have before us? Like I said, we are stewards of our time, talent and treasure. And that's whether you are an accountant, a trader, or a plumber, you have time and you have talents and you have treasure. You are a steward of those things. I would want someone who recognizes that as part of the belief system to work with. There's all sorts of studies being done that incorporate faith and performance. [00:45:20.870] - AgnieszkaYeah, I think whether it's trading or any other performance, that has to do with a high degree of mental performance, as in sport, like, let's say golf, for example. Yes, you have to train your muscle memory and a certain swing, and that is the physical part. But the mental part is so much bigger because we know that if we don't keep our thoughts in rain, then they can take off, gain momentum, and take us places where we don't want to be. And I think whether it's prayer or meditation, as you say, because there are different ways to quiet your mind. And I personally meditate, which I find incredibly effective just in taking a distance, to take a distance from things and give it a minute. Whether it's trading, whether you are conversing with someone, whether you're making any decision in life that gives so much more peace inside, where you can actually take a moment right, where you don't feel pushed like, oh, I have. To make a decision where you don't feel rushed to take a trade because you know that it's enough opportunities out there and you always have to act in your best interest and that moment and that quiet mind really helps you to do that. That is how I at least experienced that. And from the article you have sent me, that's kind of confirmed by the research, right? That when you are meditating or praying that your focus or the signals in your brain actually go to more the rational area, the frontal front of your brain, which helps you make more rational decisions and not stay in your emotional zone. Right. I think there was this phrase used, it helps you to stay in the zone. And isn't that what every trader wants? [00:47:38.050] - BillI'm so glad you brought that up, because that article I sent you, the observation that you just made was one of the biggest surprises that I came across. I fully anticipated. So if you're listening and you're able to if you touch the back of your head, that's the back of your head is the fight or flight, the emotional area, that's where when emotions are high. If you were to attach electrodes to your head right now and you were to be in a highly emotional state, that's the area of your head that would light up. I was shocked to read, and I thought in prayer that that would be the area that would light up. Well, it turns out no, it's actually the frontal lobe. So if you touch, like, just above your eyes where your temples are, that's where you make executive decisions. That's where you make rational decisions. That's where you follow checklists. That's where things get accomplished in a very perfunctory way. Prayer lights up that part of the brain which totally shocked me. One of the things that I talked about with students a while back and that I want to talk about now with folks that I come across is the goal of trading without emotions, I think is a misnomer. I view emotions as a God given gift, right? When you close out a good trade, you want to enjoy it, you want to relish in it. And if you trade without emotion or temperature, I think that's a misnomer. I think a better way to say it is when you trade, you want to light up the part of your brain that is in the executive function and not in the emotional state. So if you're in an emotional state, and you're trading. The best way to move that activity, brain activity, to the front of your brain, is through some sort of checklist. Atul gawande wrote a book called the checklist manifesto. It's a great book. It's a very entertaining read. Talks about the power of checklists. So I created a checklist based on the acronym simplify. Simplify your trading. I wrote an article about it. It got posted in a whole bunch of online forms years ago, simplified. So as you're emotional, as you find yourself, let me set a scenario. So here's the scenario. You've got a trade set up coming on your screen, and it's a high probability trade, one that's worked well for you in the past, but the last two or three have gone south. Now you're seeing it unfold again. You're like, back of the brain is lit up. Do I really want to engage with this if I've lost the last two or three? The best way to overcome that, to light up a different part of your brain, is to engage with the market in a checklist kind of way. So I created the simplified checklist. So s you're scanning your charts. I you're identifying your high probability trade. M you're mapping out that trade. What's my entry point? What's my exit point? What's my risk reward ratio? What's my stop loss? What's my objective? First objective, et cetera. P is pull the trigger. And I've got a whole conversation around how to pull the trigger even within that state. L is let it breathe. Whenever I say, that the phrase let it breathe. When I was in the trading pit, you didn't have many friends in the trading pit. I'll just say that right now, right? You can be friends outside of the trading pit. When you got in the trading pit, you weren't friends. But there was one guy, he and I still get together a few times a year for coffee if I had kind of a big position on. And he saw I was kind of excited and I was bidding or offering heavy in the market, he would just turn to me, bill, let it breathe. Let it breathe. He's like, just calm down. Let this trade do its thing. So I always get a chuckle out of the l portion of let it breathe. So you pulled the trigger. You've got the trade on. Let it breathe. Let it do what it's going to do. It might go up a little bit. It might go down a little bit, but just let it breathe. I is isolate your feelings. Write down what am I feeling? How am I feeling right now? And the eye, the isolated feelings, the activity around that is based more about getting your hand off the trigger and more about just letting the trade breathe. Right. Isolating your feelings by you're writing about it. You're journaling about it, and you may never read that again, and that's okay. But it's more about keeping your hand off that darn trigger so you can let the trade breathe. F is focus on your rules. Just let the rules unfold and then close out the trade in whatever way it is. And then why is you take some time for you. In the pre conversation here, we talked about the idea of rest. Sometimes you need to take rest within the course of a day. Sometimes you need to take rest at the end of the day. Sometimes you need to take extended rest in the middle of a week or a month or year. So by engaging with a checklist, something that's structured and focusing on a checklist and people feel free to take my simplified checklist. As you focus on a checklist, you take the activity away from the back of your brain and now you've moved it to the front of your brain where it just becomes perfunctory. I just need to walk down this path and engage with the market in a ways I've already described. And I think this is something that people can put to use right away. [00:52:52.840] - AgnieszkaThat's awesome. [00:52:58.970] - BillWithin that is another acronym that we can talk about at another time. But that's a good takeaway. [00:53:06.130] - AgnieszkaThank you so much for sharing that. So for anyone who is interested into looking into it and also hear about the twelve principles right. Get the checklist. And there is much more in the book where do people can find it? [00:53:25.010] - BillSo my website is tradingcoachbillpro.com. [00:53:28.610] - AgnieszkaAll right, we will put the link also in the description. [00:53:31.530] - BillOh yeah, or you can email me at coachbillpro@gmail.com. That's coachbillpro@gmail.com. Yeah, reach out to me. I always enjoy talking with people. There are so many things that you can tell. I'm passionate about trading, passionate about the trading world, passionate about I've got no shortage of passion for this business and for helping people in it. Like I said, I am unapologetic that folks in this business. Like I said, my biggest regret was when I was already making a lot of money when training coaches first came out that I didn't hire one. Especially nowadays for people that are just getting in it, find somebody that you connect with. I don't care if it's not me. Find somebody you connect with. One of the things I really love about your program is the idea of accountability that you provide as an aspect of your coaching. There are so many studies now about accountability and how that propels your success in this business or any other. So anyway, all that to say, thank you so much for having me. [00:54:32.870] - AgnieszkaThank you. Absolutely. So people can get your book basically through your website, right? [00:54:38.200] - BillRight. [00:54:38.810] - AgnieszkaIt's "Trading With Faith: 12 Biblically Inspired Principles for Trading Success". I'll put the link in the description and well, that brings us to the end of this episode. Thank you Bill, so much for such an interesting conversation. [00:54:57.480] - BillThank you. [00:54:58.340] - AgnieszkaI really hope that for everyone who listens, you see that you can strengthen your trading performance and achieve success in many different ways just to understand that what really matters is not which way exactly you choose, but that you strongly believe in it. And I think you have seen so much passion from Bill in what he believes in. And I think that is really so important, because the belief and I'm not talking about the faith, but whatever you believe in, whether it is your faith or whether it is some other principles in life, your beliefs is what guides your action. And if you want to achieve success in trading or otherwise in life, anywhere, make sure that your beliefs align with what you want. Thank you so much Bill, for joining us today. I really truly enjoyed this. [00:56:01.090] - BillThank you. [00:56:01.490] - AgnieszkaLots of good food for thought that's for sure. [00:56:06.610] - Billit's an area know people haven't really explored. But I'm grateful that you took the time to speak with me today. I'm really grateful, [00:56:16.880] - AgnieszkaAbsolutely! I really enjoy having you here and thank you so much for your time coming here and telling your story. Thank you for listening to the Confidence in Trading podcast. If you enjoy my show, please review it and rate it on Apple podcasts and be sure to subscribe so you can come back for a real-life conversation in the next episode. Until then, this is Agnieszka Wood from Ahead Coach. And don't forget, you too can realize your dream without looting yourself and your confidence in the process.  Contact Agnieszka Wood | Ahead Coach: Website: aheadcoach.comTwitter: @Ahead_CoachYouTube: @aheadcoachFacebook: Agnieszka WoodInstagram: ahead.coachLinkedIn: Agnieszka WoodYou can email me at launchyourlife@aheadcoach.com

The use of Generative AI is a contentious issue across many industries, including sports. We spoke with AI expert Steve Wasick for his views on the present realities of AI and where the future of this revolutionary tech is going: What role can we expect AI to play in the future of sports? Why is Generative AI so controversial – what is it exactly and why the concern? How is Generative AI changing and benefiting the sports community? What fans don't realize is AI? Steve has more than a decade of experience in the Generative AI space working with companies like MaxPreps, the Chicago Mercantile Exchange, IU Health, and many others. As Founder of infoSentience, his company uses AI to provide millions of automated articles to CBS Sports, ranging from fantasy game recaps to live coverage of the NBA and NFL. Steve was the Technical Editor for the book Enterprise AI for Dummies and graduated magna cum laude from Northwestern University Pritzker School of Law. ---- Subscribe to the Sports Tech Feed newsletter. Your source for in-depth sports technology insights, news, and analysis: https://sportstechfeed.substack.com

We interview Hollywood producer (The Joker) Anjay Nagpal about his new podcast "Brokers, Bagmen, and Moles." The pod examines the Chicago Outfit's involvement in the Chicago Mercantile Exchange during the 1980s.

We interview Hollywood producer (The Joker) Anjay Nagpal about his new podcast "Brokers, Bagmen, and Moles." The pod examines the Chicago Outfit's involvement in the Chicago Mercantile Exchange during the 1980s.

https://youtu.be/Q7Czl8Z_nUw Michael Episcope is the Co-CEO of Origin Investments, a private equity real estate firm designed for the needs of high-net-worth individuals, family offices, and wealth management firms. We discuss ways business owners can remove investment bias from their processes, why you need to consider investing in a fund, and how to make better decisions in business. --- Remove Investment Bias with Michael Episcope Our guest is Michael Episcope, co-CEO of Origin Investments, a private real estate manager that builds, buys, and lends to multifamily real estate projects in fast-growing markets throughout the U.S. Michael, welcome to the show. Steve, thanks for having me back. It's great to have you. It's great to have you. And since we last spoke, things have changed. I was wondering if the introduction was even appropriate in a private real estate manager, or now you are a public real estate manager. I don't know what it is. But tell me a little bit about your story. How did you get into starting Origin Investments and what's been your entrepreneurial journey? Yeah, well, first of all, the introduction still is correct. We're a private real estate manager. We do build, buy, and lend to multifamily real estate in Sunbelt States. And I'll take you back, I guess, I mean, not all the way back, but kind of to where we started origin. And that really happened in kind of 05, 06, 07, it was formalized in 07. But I came out of the commodity trading industry, so I had a very non-traditional route into real estate. I had cut my teeth down at the Chicago Mercantile Exchange, I traded interest rates and that's where I made my wealth down there. I think as a wealthy person, especially young, you become a little bit paranoid about making sure that you keep your wealth and you never say the five words of, “I used to be rich.” Trust me, I've known a lot of people who have said those words. My partner and I, we're just trading investment ideas back and forth and we wanted to be in alternatives. We didn't want to just be passive investors and put our money in the 60-40 portfolio. We believed in alternatives and especially in real estate and just the power of its ability to protect, to grow wealth, to produce income. And that's when we started, was in 2007. But it wasn't, we didn't have a very, what I'll call coherent vision back then. The idea was just to invest our own money in real estate and protect it and grow it, produce the income streams, all the reasons why people get into real estate. I think as we were looking out at the market and evaluating the competition and we had both invested, we just realized that there weren't a lot of great opportunities for individual investors like us. We weren't big enough to have a true family office buying deals directly, but we also weren't, you know, kind of on the small end investing $50,000 to $100,000 into deals. And what you find is that either, you know, the institutions really, they are the ones who command the leverage because they're putting out so much money. And if you have $50,000 to $100,000, at least at that time, in ‘06, ‘07, you really didn't have a lot of options out there. The idea was just to invest our own money in real estate and protect it and grow it, produce the income streams, all the reasons why people get into real estate.Share on X The options weren't that great. And if you were somewhere in the middle, had a million or two million to invest kind of where we were in a deal. Even the good sponsors out there, what you would find, the ones who were marketing towards the retail investor, the individual investor, their fees were just incredibly high. They had great deals, but you didn't really create any wealth. And it was a buy, fix, sort of sell type model. And we were just like, “Look, we can do something better here as a group.” And what we decided to do is create an institutional real estate firm for the individual investor. In the beginning,

Carl Icahn gets what he was after as Illumina's CEO steps down but what does this mean for the company's potential big acquisition? (00:21) Jason Moser and Deidre Woollard discuss: - If Illumina's CEO's exit will impact the company's moves to acquire Grail. - Carl Icahn's history of activist investing. - Thoma Bravo's success in buying companies and repackaging them for sale. (14:37) Ricky Mulvey interviews Anjay Nagpal, host of the podcast “Brokers, Bagmen, and Moles” about the curious history of the Chicago Mercantile Exchange and its ramifications on today's investing universe. Companies discussed: ILMN, IEP, NDAQ, MSFT, ATVI Host: Deidre Woollard Guests: Jason Moser, Ricky Mulvey, Anjay Nagpal Producer: Ricky Mulvey Engineer: Dan Boyd

6am hour -- Kirby Wilbur in for John Carlson -- FL Gov. Ron DeSantis makes his presidential campaign official tonight, Republicans now have a wide choice among announced candidates, what DeSantis campaign now means for Donald Trump, what Trump needs to do now--especially if he keeps claiming the 2020 election was rigged/stolen, what happened with that Amazon/Seattle employee walk-out yesterday?, Seattle is the dog poop capitol of America according to new , um, research, a KVI caller suggests a Trump strategy for 2024, 7am hour -- congratulations to today's Carlson's Legendary Lyrics winner, how is Chicago doing after electing it's new mayor?, the venerable Chicago Mercantile Exchange has indicated they might move their operation from Chicago based on plans from the new mayor, a Western US governor is canceling the state gas tax for one year to provide taxpayer relief, Joy Behar's absurd comment about US Sen. Tim Scott, a Mick Jagger update..., four Good Guy With A Gun stories, a Michigan 13 yr old uses a slingshot to stop a suspect trying to kidnap his younger sister. 8am hour -- GUEST: attorney now author, Anne Bremner, tells KVI about her new book "Justice in the Age of Judgement", how social media and 24/7 cable news are impacting criminal/civil trials, prime examples are the Amanda Knox trial and the Duke lacrosse team rape allegation, a more recent case in the last week involves a viral video of a NY nurse and a group of young Black men arguing over a rental bike, the upcoming Moscow ID quadruple murder case will likely face a change of venue case and/or jury selection over news media coverage, the historic pilot of the SR-71 Blackbird USAF jet just passed away last week, Philadelphia just elected a new mayor (Black woman) who vows to restore the police department (including "stop and frisk"), what the new mayor says about police profiling of Black residents, what the Philadelphia mayoral election says about Seattle/King County elections/politics.

In the 1980s, brokers at the Chicago Mercantile Exchange were not Ivy League financial-types. They were mostly blue-collar workers with on-the-job training in commodities exchanges. And they were making more money than most knew what to do with. All that cash caught the interest of the FBI, who suspected financial fraud at the Merc. But after undercover agents spent thousands of hours on the floor losing millions of dollars in taxpayer money, their investigation turned out to be a bad investment.In “Brokers, Bagmen, and Moles” host Anjay Nagpal takes listeners into the pits of Chicago's exchanges to detail one of the costliest FBI investigations ever. Were authorities really going after the handful of small fish they caught - or did they actually have their sights on some blue chip executives?OUR SPOILER-FREE REVIEWS OF "BROKERS, BAGMEN, AND MOLES" BEGIN IN THE FINAL NINE MINUTES OF THE EPISODE.In Crime of the Week: booze cruise.

BIO: Igor Yelnik founded Alphidence Capital Ltd in 2020 and holds the positions of CEO and CIO. Alphidence is a systematic macro hedge fund management firm based in London, UK.STORY: Igor's company entered into a forward contract with one of Russia's biggest banks and sold a very significant amount of the Russian ruble against the US dollar. The company made a considerable profit, but the bank decided not to pay. After a lengthy court battle, the company gave up and counted its losses.LEARNING: Infrastructure and systematic risks can affect your trade significantly. “Non-market risks are really paramount in forward currency trades.”Igor Yelnik Guest profileIgor Yelnik founded Alphidence Capital Ltd in 2020 and holds the positions of CEO and CIO. Alphidence is a systematic macro hedge fund management firm based in London. Previously Igor was the CIO for ADG Capital Management from 2013 to 2019. Prior to that, he spent 9 years at IPM Informed Portfolio Management, where he was a Partner and Head of Portfolio Management and Research. Before this, Igor co-founded St. Petersburg Capital, an asset management firm that specialized in the Russian securities market, and later Unibase Invest, a managed futures business based in Tel Aviv.Worst investment everIn 1998, Asian prices, oil prices, stock prices, and the Russian ruble were going down. Igor was still working in Russia at that time. The Russian Central Bank established a cap—the currency corridor—they set ranges for the ruble. The exciting part was how much the US dollar could appreciate against the ruble. Everybody understood that the ruble was doomed to depreciate in that macroeconomic environment.Then the most popular trade of the summer of 1998 happened. This was the currency forward trade. Russian banks believed the Russian Central Bank would support the currency, so they bought the ruble. Then all the foreign banks played against them and sold the ruble.The ruble was already trading in the Chicago Mercantile Exchange. The foreign price of the ruble on the over-the-counter market in Russia was higher than in Chicago. So in principle, you could sell the ruble in Russia and buy it in Chicago, which was like free money.Under Russian law, Igor's company entered into a forward contract with one of Russia's biggest banks. The company sold a significant amount of the Russian ruble against the US dollar. The trade was entered into in July, and the delivery would be on the 15th of September 1998. The price of the trade was 6.37 rubles for $1.On the 17th of August, Russia defaulted on its debt denominated in the national currency. At the same time, it stopped supporting the ruble, so it devalued. By the middle of September, the ruble depreciated relative to the US dollar. It went from 6.37 to around 16. So Igor's company won in that trade. Then on the 14th of September, the morning trading session set the price of the ruble at 8.25. This was still profitable for Igor's company.The most interesting thing happened. The Russian bank refused to pay for these contracts, so Igor's company wasn't paid for its trade. The company decided to go to court and won. The bank appealed, but Igor won again.At that time, the Supreme Court decided in a similar case, where another major Russian bank was sued by one of the major French banks because of a non-payment on a similar contract. The Russian Supreme Court decided that the law should not protect a currency-forward transaction because it's akin to betting. Igor and...

Episode 326: John Burns, Senior Consultant and Performance Advisor of the ReThink Group joins the podcast to talk about topics around trading and optimal human performance. John was one of the most consistently profitable options floor traders at the Chicago Mercantile Exchange and as a competitive amateur golfer has been often ranked as a top-20 Illinois amateur golfer. In addition to his role with ReThink, he trades several portfolios across multiple global markets employing several fundamental and technical ideas.Social MediaJohn BurnsTwitter: jpbjr800email: jpb@rethinkgroup.comwww.therethinkgroup.netJohn's book recommendations1. Market Mind Games 2. Market Wizards3. Fooled by Randomness4. Permission to Feel5. Against the Gods6. Option Volatility and PricingTalking Trading - Expert trading tactics so you can excel in the sharemarket.This is how traders and investors excel.Listen on: Apple Podcasts Spotify Cobra Trading Click the link and get 33% off commissions for life as well as one month of free DAS Trader Platform

Discover the power of respecting people's beliefs and understanding money with a unique romantic and philosophical dialogue in A Private Conversation with Money.Richard Friesen is a former broker for Merrill Lynch, trader at the Chicago Mercantile Exchange, and owner of a trading firm on the Pacific Exchange. He has a background in psychology and is the author of A Private Conversation with Money, exploring the psychological drivers of the intense political divide.

How Knowing The Price of Lumber Will Improve Your Next Architecture ProjectFor 27 years, Michael Wisnefski has been actively trading commodities. Lumber is his specialty, where he is active in both the futures markets and the physically traded material.In July 2019, Wisnefski founded MaterialsXchange, a B2B digital marketplace for buying and selling lumber and structural wood panel. The inspiration for this business came from his experience trading lumber futures. In 2009 He was the first trader in the lumber futures pit at the Chicago Mercantile Exchange to use a hand held computer.Prior to that, Wisnefski was active in the financial markets trading futures on equities and government bonds, while also working as VP of Business Development for a Lumber wholesale distributor.This week on EntreArchitect Podcast, How Knowing The Price of Lumber Will Improve Your Next Architecture Project with Michael Wisnefski.Learn more about Michael at MaterialsXChange, check out the SmartMarket livestreams, or follow him on Youtube, Twitter, and LinkedIn.Please visit Our Platform SponsorsDetailed is an original podcast by ARCAT that features architects, engineers, builders, and manufacturers who share their insight and expertise as they highlight some of the most complex, interesting, and oddest building conditions that they have encountered… and the ingenuity it took to solve them. Listen now at ARCAT.com/podcast.Visit our Platform Sponsors today and thank them for supporting YOU… The EntreArchitect Community of small firm architects.Graphisoft + EntreArchitect Archicad BIM software enables design, collaboration, visualization, and project delivery, no matter the project size or complexity. With flexible licensing options and a dedicated support team to guide us along the way, Archicad is an ideal choice for firms and projects of any size. Visit our dedicated landing page at EntreArchitect + Graphisoft for an exclusive special offer waiting for our community of architects.

What if you could insure calf price against catastrophic price drops? LRP puts a price floor under feeder calves, paying for the difference between an insured calf price and the Chicago Mercantile Exchange feeder cattle index value for a selected marketing date. This episode with Jack Field and Clay Worden continues our series in ranch financial health with a deep dive into LRP mechanics. Find resources mentioned in this episode as well as the transcript at https://artofrange.com/episodes/aor-97-livestock-risk-protection-insurance-jack-field-clay-worden

Today's Flash Back Friday Episode is from Episode #211, which originally aired on January 8, 2019. In this episode of the Real Estate Investing for Cashflow Podcast, Kevin shares the mic with Farmland Investor and Owner of American Farm Investors, Brian Luftman. Originally as a commodities trader on the floor of the Chicago Mercantile Exchange, Brian was looking into a way to hedge his own investments against a financial meltdown based in commodities, aside from paper assets. When looking for potential ways to invest his money in hard commodity assets however, Brian came up short. Nobody in the United States (whether it be an RE fund or otherwise) provided the option to syndicate deals to purchase farmland. Brian then founded American Farm Investors; an investment firm specializing in raising capital for purchasing the very best farmland in the country producing the highest yearly yields. HIGHLIGHTS: [5:59] Brian's Background [12:22] Who is the typical seller of farmland? [18:19] What separates good farmland from bad farmland? [24:56] What are some of the risks associated with farmland investing? [30:25] How does Brian's company field opportunities today? [37:49] Closing Thoughts.   Learn About Investment and Partnership Opportunities with Kevin and His Team  Recommended Resources:  Check out our company and our investment opportunity by visiting www.SunriseCapitalInvestors.com Self Directed IRA Investment Opportunity – Click Here To Learn More About How You Can Invest With Us Through Your SDIRA Accredited Investors Click Here to learn more about partnering with me and my team on Mobile Home Park deals! Grab a free copy of my latest book “The 21 Biggest Mistakes Investors Make When Purchasing their First Mobile Home Park…and how to avoid them MobileHomeParkAcademy.com Schedule your free 30 minute "no obligation" call directly with Kevin by clicking this link https://www.timetrade.com/book/KV2D2

Are you ready to learn about the future of money, networks and existence itself? Welcome once again Dreamers, to the Do it with Dan Podcast! The place to truly dream with your eyes open. It's time to expand our experience with some more great discussion on the power of the mind in all things. Whether you want to manifest more wealth, emotional abundance or love in your life; this is the podcast for you. This week's guests are John Lin & Faiz Nazarali. Rational Optimist, Impact Investor & Founder John Lin has worked as a trader all his life. First, in the trading pits of the Chicago Mercantile Exchange, then in London and Tokyo, before finally settling in Singapore. In 2006, just as the SIMEX open outcry trading pits closed, John founded Grasshopper and began afresh with electronic trading. Over a decade later, Grasshopper is now a leading proprietary trading firm in Asia. Founder & CEO, Highvibe Network Faiz Nazarali is a creative futurist who has been paying it forward as a career long entrepreneur, investor, artist, activator, collector, and lifelong humanitarian. He is the OG Co-Founder of Highvibe Network and has been consistent ly building for five years with a clear vision of what we are seeing unravel in real-time: a world where technology is impacting human life more than ever before. Please share your stories with me over at dreamwithdan.com. Connect with John & Faiz here: Website: https://www.highvibe.network Vibes: https://www.vibes.org Twitter: @rasta_man To subscribe to my YouTube channel, please go here: https://www.youtube.com/channel/UCMdAvGk6xa5fptmdULliJrg Want to manifest money now? Play the 'Money Game' to harness the power of micro-shifting to attract abundance immediately. Get your Ebook for $1. Buy NOW. Do you want inevitable & sustainable financial abundance, based on your own unique 'Money DNA'? Watch our brand new webinar Interested in working with Dan 1-2-1? In collaboration with other highly successful experts, he will help you reach financial freedom in 6 months or less: Apply Here *PLEASE RATE US AND SHARE* Join me on: Facebook Instagram Twitter Music Credit: "The Dreamer", Common Timestamps of interest: 02:19 - Who is John? 06:30 - Who is Faiz? 09:20 - What is “Web Three”? 14:11 - A new dimension is birthing 22:00 - A positive loop powered by technology - the high-vibe network 27:15 - A new kind of festival 34:00 - How to integrate the metaverse with your life 42:42 - Building a world that serves others at a deeper level 48:00 - A ‘one off' or a trend? 50:30 - Genesis asets 55:30 - Closing words of wisdom #metaverse #technology #highvibenetwork #mentalhealth #mentalhealthawareness #selfcare #selflove