Podcasts about Chief investment officer

AI-related bond issuance is surging, reshaping the opportunity set for fixed-income investors. In addition to robust U.S. growth, constrained inflation, and an attractive opportunities beyond the U.S., investors must also navigate greater tail risks, more complex financing structures, and rising political uncertainty around AI and energy use.    On this episode of Disruptive Forces, host Anu Rajakumar sits down with Ashok Bhatia, Neuberger's Chief Investment Officer and Global Head of Fixed Income, to unpack the AI financing boom and its implications for bond markets. Together, they discuss the surge in hyperscaler issuance, evolving structures, and how Neuberger's own investment teams are using AI to enhance research, portfolio construction, and day-to-day decision-making.       This communication is provided for informational and educational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. Information is obtained from sources deemed reliable, but there is no representation or warranty as to its accuracy, completeness or reliability. This communication is not directed at any investor or category of investors and should not be regarded as investment advice or a suggestion to engage in or refrain from any investment-related course of action. Neuberger Berman is not providing this material in a fiduciary capacity and has a financial interest in the sale of its products and services. Investment decisions should be made based on an investor's individual objectives and circumstances and in consultation with his or her advisors. All information is current as of the date of this material and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Neuberger Berman products and services may not be available in all jurisdictions or to all client types. This material is not intended as a formal research report and should not be relied upon as a basis for making an investment decision. The firm, its employees and advisory accounts may hold positions of any companies discussed. This material may include estimates, outlooks, projections and other "forward-looking statements." Due to a variety of factors, actual events or market behavior may differ significantly from any views expressed. Investing entails risks, including possible loss of principal. Indexes are unmanaged and are not available for direct investment. Past performance is no guarantee of future results.    Use of Artificial Intelligence Tools. Neuberger Berman may utilize AI tools in its business operations to improve operational efficiency and for assistance in research and analyzing data among other uses. AI tools are dependent on historical data, consequently, if the content or analyses that AI applications assist Neuberger in producing are or are alleged to be deficient, inaccurate, or biased, a client account may be adversely affected. Additionally, AI tools used by Neuberger may produce inaccurate, misleading or incomplete responses that could lead to errors in Neuberger's and its employees' judgement, decision-making, investment research or other business activities, which could have a negative impact on the performance of a client account.    The application of AI in investment processes, research, or analysis is evolving and subject to limitations, including data quality, algorithmic biases, and interpretive errors. AI outputs should not be relied upon as the sole basis for investment decisions. No assurance is given regarding the accuracy, completeness, or timeliness of information generated by AI.   This material is being issued on a limited basis through various global subsidiaries and affiliates of Neuberger Berman Group LLC. Please visit www.nb.com/disclosure-global-communications for the specific entities and jurisdictional limitations and restrictions.    The "Neuberger Berman" name and logo are registered service marks of Neuberger Berman Group LLC.  © 2026 Neuberger Berman Group LLC. All rights reserved. WF2830800

Lane MacDonald is the Chief Investment Officer of SCS Financial, a registered investment adviser and OCIO platform with approximately $46 billion in assets under management. Lane was a U.S. Olympic hockey player and Hobey Baker award winner as the best player in college hockey in the late '80s, but his aspirations of following in his father's footsteps and playing in the NHL were derailed shortly thereafter by injuries. In the decades since, he spent a dozen years in private equity and the last eighteen as an allocator at institutions ranging from the Harvard endowment to the family office for the owners of Fidelity, and now SCS. Our conversation traces Lane's path from the rink to investing, and from dealmaker to allocator, examining what separates great investors from good ones. We discuss the importance of domain expertise, sector selection, alignment, and identification of a durable edge and structural alpha in increasingly efficient markets. We close with Lane's outlook on private markets and the lessons from hockey, endowments, and family offices that inform the team-oriented platform at SCS.   Learn more about our Strategic Investments: Old Well Labs. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership   Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)

Today's guest is Richard Bernstein, Chief Investment Officer of Richard Bernstein Advisors, which he founded in 2009. He was previously the Chief Investment Strategist at Merrill Lynch. In today's episode, Richard argues that the market is defined by rampant speculation and extreme narrowness. He explains why he's bullish on both dividend-paying and international stocks and believes crypto is the first global investment bubble. To close, he warns that corporate credit is priced for perfection, inflation risks aren't gone, and diversification is the best defense in a bubble-prone market. (0:00) Starts (1:20) Richard on market narrowness & speculation (6:21) The Earnings Expectations Life Cycle (12:33) Non-US stocks are undervalued (18:38) Small cap trends and long-term investment themes (24:14) American Industrialization Renaissance (27:10) Corporate credit risk (33:42) Is the Fed independent? (36:38) Is crypto the first global investment bubble? (41:11) The importance of financial history (46:07) Richard's most memorable investment ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Sponsor: Join Alpha Architect's LIVE webinar Feb 3rd to learn if a 351 Exchange may fit your clients' needs.  Before the webinar, visit Alpha Architect's 351 Education Center for use cases, tools, FAQs, upcoming launches, and more. ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  -----Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week's episode of the Rich Habits Podcast, Robert Croak and Austin Hankwitz share updates on Trump's housing affordability efforts, SpaceX's summertime IPO, and the recent outperformance of the Russell 2000. They're also joined by David Dziekanski, CEO and Chief Investment Officer of Quantify Funds, to talk about the different between real hedge fund-like strategies and "retail candy." To learn more about Quantify Funds, visit their website by clicking here or follow them on X by clicking here!---

Stijn Schmitz welcomes Josh Young to the show. Josh Young is Chief Investment Officer & Founder, Bison Interests. The interview explores the current landscape of the global energy market, focusing on geopolitical risks, supply and demand dynamics, and investment opportunities in the oil and gas sector. Young provides a comprehensive analysis of potential geopolitical tensions, particularly surrounding Iran and the Middle East. He suggests that the current situation presents significant risks to global oil supply, with potential disruptions ranging from 1 to 20 million barrels per day. The geopolitical uncertainty is largely underappreciated by the market, creating potential opportunities for investors who understand these dynamics. On the supply side, Josh highlights critical challenges in oil production. He notes that companies like Continental Resources are reducing drilling activities at current price levels, indicating that sustainable oil production may require prices in the $80-$90 range. The industry is experiencing a significant downcycle in both offshore and onshore exploration and development, with exploration success rates declining and existing reserves being depleted. Demand dynamics appear more robust than many analysts expect. Young argues that government stimulus, particularly in an election year, and emerging market growth could support oil consumption. He suggests that a potential economic slowdown might not necessarily reduce oil demand, as increased return-to-office trends could offset potential consumption reductions. Regarding investment strategies, Young cautions against large integrated oil companies trading at high valuations. Instead, he recommends smaller producers with clean balance sheets, debt reduction potential, and attractive valuation metrics. He emphasizes the importance of companies that can pay down debt, buy back shares, and potentially offer high dividends. Young also discusses his Bison Insights substack, where he shares investment ideas in the energy sector. He believes the current market presents unique opportunities, drawing parallels to previous commodity cycles and highlighting the potential for significant returns in carefully selected energy investments. Timestamps: 00:00:00 – Introduction 00:01:18 – Guest Welcome and Recap 00:03:01 – Silver Prediction Success 00:05:25 – Oil Geopolitical Risks 00:10:45 – Iran Production Impacts 00:16:34 – Risk Pricing Discussion 00:18:56 – China Oil Stockpiling 00:26:53 – Supply Cost Curve 00:30:51 – Underinvestment Trends 00:36:30 – Demand Surge Analysis 00:42:04 – US Consumer Strength 00:51:51 – Investment Pitfalls 00:57:10 – Debt Paydown Strategies 01:01:05 – Concluding Thoughts Guest Links: Substack: https://bisoninsights.info X: https://x.com/BisonInsights Website: https://bisoninterests.com Joshua Young has been professionally investing in publicly traded oil and gas securities for nearly two decades, achieving benchmark outperformance as Bison's CIO. Josh possesses a deep understanding of the E&P business model and operating environment, with notable experience as Chairman of Canadian E&P company RMP Energy (rebranded as Ironbridge Resources). Under Josh's leadership, the company achieved a successful turnaround, outperforming peers and ultimately being acquired at a 78% premium. Josh is the author of numerous articles on oil & gas investments and is a frequent guest speaker at various energy industry conferences. Prior to Bison, Josh began his career as a management consultant for Fortune 500 companies and private equity firms. He later worked as an investment analyst for a private equity fund and served as an energy investment analyst at a multi-billion-dollar single-family office, which was nominated as Institutional Investor's Single Family Office of the Year in 2008. Josh holds a B.S. in Economics with honors from the University of Chicago.

Daniel Hoffman, Ret. CIA Senior Clandestine Services Officer and a Fox News ContributorTopic: Intel on GreenlandHogan Gidley, Former National Press Secretary for the Trump campaign and former White House Deputy Press SecretaryTopic: Trump in Davos; Congressional redistricting in New York and its impact on the Trump administrationLiz Peek, Fox News contributor, columnist for Fox News and The Hill, and former partner of major bracket Wall Street firm Wertheim & CompanyTopic: "Trump's first year: The good, the great and the foolish" (Fox News op ed)Laine Schoneberger, Chief Investment Officer, Managing Partner, and Founder of YrefyTopic: Latest from YrefyChris Swecker, attorney who served as assistant director of the FBI for the Criminal Investigative Division from 2004 to 2006 Topic: "Walz’s Minnesota mess could spark the toughest fraud reforms in decades" (Fox News op ed)Lee Smith, journalist and the author of the new book "The China Matrix: The Epic Story of How Donald Trump Shattered a Deadly Pact"Topic: China's relationship with Europe and CanadaCongresswoman Nicole Malliotakis, Representative for New York's 11th Congressional DistrictTopic: Redrawing the map of Rep. Malliotakis' districtSee omnystudio.com/listener for privacy information.

Roraj Pradhananga, CIMA, CPA, Chief Investment Officer at Veris Wealth Partners, shares the firm's origins and its long-standing commitment to impact-focused investing. He discusses how Veris evaluates authentic ESG strategies, what themes are shaping the future of impact investing, and how client portfolios are being positioned amid today's political and economic landscape.

On this week's episode of "Financial Planning: Explained”, host Michael Menninger, CFP welcomes back Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is the second episode of a three-part series discussing this past years market performance and the outlook for 2026. In this episode, Brad and Mike talk about the current state of the economy. The guys discuss the current political situation in Venezuela, tariffs, unemployment, and inflation. This is a great episode for anyone seeking a better understanding of how things currently stand in the stock market, and why. ​ For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.

Join Richard Cunningham and John Coleman for the first Marks on the Markets episode of 2026 as they welcome Brandon Pizzurro, President & Chief Investment Officer at GuideStone Capital Management, to unpack what investors need to know heading into the new year. After three consecutive years of double-digit returns, the conversation explores whether markets can sustain this momentum, the future of AI investing, and the opportunities emerging in small caps and private markets.Key Investment Topics:Market outlook after three straight years of 20%+ returns and where opportunities lie in 2026The Mag 7 dominance: Will small and mid-cap stocks finally see their rotation moment?Federal Reserve policy expectations and why current rates may be historically appropriatePrivate equity and IPO markets thawing after years of constrained liquidityGeopolitical shocks to watch: Iran, Venezuela, and international market divergenceAI's impact on productivity, employment, and whether we're entering a new economic eraNotable Quotes:"Breathless is probably one word. Just coming off three straight years like that, you always wanna protect on the downside. You wanna think about how things can go wrong. And when they don't for a third year in a row, you wanted to catch your breath and really take stock of what just happened." - Brandon Pizzurro"This is the Lord's capital that we're all stewarding, and we need to remember that as we kind of start the year off again. We have a charge here for our investors, but I think it's important to take a moment and be present, be thinking about why you're doing what you're doing." - Brandon Pizzurro"We are people under authority and it's easy to forget that sometimes. When we receive word from God, whether that be through scripture, whether that be through prayer or insight or inspiration, we are intended to execute against that will." - John ColemanAbout the Guests:Brandon Pizzurro serves as Managing Director at GuideStone Capital Management in Dallas, Texas, bringing sophisticated market analysis with a faith-driven perspective on stewardship and investing. John Coleman is a Managing Partner at Sovereign's Capital and regular co-host of the Marks on the Markets series, known for his thoughtful integration of economic analysis with Kingdom principles.This episode offers both tactical market insights and strategic wisdom for faith-driven investors navigating what promises to be a consequential year in financial markets.

On this special MLK Holiday edition of Bloomberg Daybreak, host Nathan Hager discusses: Stocks are coming off three straight years of double digit gains..What will 2026 hold? We hear from Cameron Dawson, the Chief Investment Officer at NewEdge Wealth and Lori Calvasina, head of US equity strategy, RBC Capital Markets Lost in the recent controversy over the investigation into Jay Powell and the Fed...Is monetary policy. Next week the central bank makes its first rate decision of the year. For more, we speak with Bloomberg International Economics and Policy Correspondent Michael McKee and Anna Wong, Chief US Economist for Bloomberg Economics We also look at the current status of Diversity Equity and Inclusion initiatives. For that we speak wit Bloomberg's Equality Reporter Jeff Green and Bloomberg reporter Heather Landy. See omnystudio.com/listener for privacy information.

Peter Boockvar, Chief Investment Officer at One Point BFG Wealth Partners and author of The Boock Report, sees "bells ringing" on the AI tech trade with Oracle, CoreWeave, and Nvidia showing tiredness, and warns the question is whether the baton can be passed to other sectors without the market falling apart. His three favorite groups for 2026 are energy (where $60 oil is "one of the cheapest assets in the world" and he sees $70+ minimum), agriculture (fertilizer stocks like Mosaic and Nutrient), and beaten-down consumer staples offering "bond-like dividend yields with equity-like upside." On Venezuela, he disagrees with the oil-for-midterms thesis - it's really about stiff-arming China, Russia, and Iran, and won't impact oil supply for 5-10 years anyway. He's been trimming silver after its vertical move toward $100 but still likes gold driven by central bank buying and dollar diversification. His biggest concern: if we lose the AI trade, its dominance is so large it could take everything down with it.This episode is brought to you by VanEck. Learn more about the VanEck Rare Earth and Strategic Metals ETF: http://vaneck.com/REMXJuliaLinks: Substack/The Boock Report: https://boockreport.com/Twitter/X: https://x.com/pboockvarTimestamps:00:00 Intro and welcome Peter Boockvar01:18 2025 retro: World markets did really well, fire lit under international markets03:15 Bells ringing on AI tech trade - Oracle, CoreWeave, Nvidia tiredness05:45 China competition in AI - models more applicable, monetizing faster06:30 Bifurcated economy: Manufacturing recession, lower-middle income spending weak07:45 Data center build out - question of when not if it slows08:30 Delta earnings: Premium cabin strong, main cabin no growth09:15 Europe bifurcated too: Germany/France struggling, Spain/Greece doing well11:36 Three favorite groups for 2026: Energy, ag, consumer staples12:15 Energy: Bearish sentiment extreme, contrarian setup, CFTC net longs at 15-year lows13:30 Venezuela: 5-10 years before notable production increase14:15 OPEC production lagging quotas - most running at full capacity15:00 US shale production slowing, rolling over even in Permian15:45 Peak oil demand pushed out - hybrids winning, EV demand delayed16:30 Ag: Fertilizer stocks - Mosaic, Nutrient - down and out value plays17:15 Consumer staples destroyed over 12 months - deep value now17:52 Names: Kimberly Clark, Nestle, Pepsi, ConAgra, Coke, Reynolds18:24 Oil at $60 is one of the cheapest assets in the world - sees $70 minimum19:15 Energy holdings: Exxon, BP, Shell, Canadian Natural Resources, Oxy, Noble, EQT23:44 Venezuela won't impact oil supply for 5-10 years - focused on near-term25:32 Inflation: Conflicting dynamics - services decelerating, goods inflation returning27:00 Next Fed chair will have inflation dilemma - sticky around 3%28:45 Services inflation could rebound in back half of 2026 as apartment supply absorbed29:01 Reaction to Powell subpoena30:09 Powell is done cutting - will be playing 18 holes in June31:28 Last Fed cut was not necessary - took neutral rate below 1%32:30 Need low and stable prices first, then labor market improves35:34 Gold north of $4,600 - levels don't surprise, maybe pace did36:27 Silver at $92 - trimming position, tree needs to take a breather37:30 Gold thesis: Central bank buying, dollar diversification has more legs38:49 2025 lesson: World woke up to opportunities outside mag seven40:22 What not to own: Mag seven, long duration bonds40:46 Japan matters for global rates - JGB yields rising, canary in coal mine42:00 Bullish emerging market local currency bonds - better finances, cheap currencies42:57 EM names: China, Malaysia, Singapore, Mexico, Brazil, Chile, Indonesia43:45 Biggest risk: Losing AI trade and gap up in long-term rates44:24 Optimism: Broadening out continues, international markets, commodity trade has legs45:03 Parting thoughts: Investors need to be flexible in their thinking

This episode marks a major milestone at Hixon Zuercher Capital Management! Tony Hixon sits down with our Co-Host Austin Wilson to celebrate his new role as Partner and Chief Investment Officer and to share the journey that led him here. Austin reflects on his early career, the lessons that shaped his investment philosophy, and what partnership truly means to him. They discuss the responsibilities of leading investment strategy, balancing discipline with evolving markets, and what it looks like to consistently “do the next right thing” for clients. Plus, Austin shares an exciting announcement at the end of the episode with the launch of something new!Watch the video version, read show notes, and find resources here.Send in LISTENTER QUESTIONS via text➡️Download Free Resource: 8 Timeless Principles to Investing!

Jeff Park is a Partner & Chief Investment Officer at ProCap Financial. In this conversation, we discuss Fed independence and the ongoing investigation impacting markets, Jeff's outlook on Bitcoin and public equities, and what the potential BitGo IPO could mean for the crypto space. We also touch on regulatory clarity, the GENIUS Act, and where U.S. legislation around digital assets may be headed.=========================Bitwise is one of the largest and fastest-growing crypto asset managers, with more than $15 billion in client assets across an expanding suite of investment solutions—including the world's largest crypto index fund—plus products spanning Bitcoin, Ethereum, DeFi, and crypto equities. In addition to managing assets, Bitwise helps investors stay informed about the fast-moving crypto market. Every week, CIO Matt Hougan breaks down what's happening in crypto in five minutes or less. Read the latest at https://experts.bitwiseinvestments.com/cio-memos. Certain Bitwise investment products may be subject to the extreme risks associated with investing in crypto assets. Visit https://bitwiseinvestments.com/disclosures to learn more.=========================Sign up for the Gemini Credit Card: https://gemini.com/pomp #GeminiCreditCard #CryptoRewards This video is sponsored by Gemini. All opinions expressed are my own and not influenced or endorsed by Gemini. Gemini-branded credit products are issued by WebBank. For more information regarding fees, interest, and other cost information, see Rates & Fees: https://gemini.com/legal/cardholder-agreement Some exclusions apply to instant rewards; these are deposited when the transaction posts. 4% back is available on up to $300 in spend per month for a year (then 1% on all other Gas, EV charging, and transit purchases that month). Spend cycle will refresh on the 1st of each calendar month. See Rewards Program Terms for details: https://gemini.com/legal/credit-card-rewards-agreement Checking if you're eligible will not impact your credit score. If you're eligible and choose to proceed, a hard credit inquiry will be conducted that can impact your credit score. Eligibility does not guarantee approval.=========================As markets shift, headlines break, and interest rates swing, one thing stays true — opportunity is everywhere. At Arch Public, we help you do more than just buy and hold. Yes, our dynamic accumulation algorithms are built for long-term investors… but where we really shine? Our arbitrage algos — designed to farm volatility and turbocharge your core positions. The best part of Arch Public's products is they are free! Yes, you heard that right, try Arch Public for free! Take advantage of wild moves in assets like $SOL, $SUI, and $DOGE, and use them to stack more Bitcoin — completely hands-free. Arch Public is already a preferred partner with Coinbase, Kraken, Gemini, and Robinhood, and our team is here to help you build smarter in any market. Visit Arch Public today, at https://www.archpublic.com, your portfolio will thank you.=========================0:00 – Intro1:48 – Fed independence & Powell investigation12:01 – Why this matters even if Powell is leaving soon14:37 – Executive power vs the Fed: speed, control, & global policy shifts23:37 – President Trump & early data releases34:20 – Bitcoin's role amid policy chaos & shifting narratives38:39 – BitGo IPO & institutional crypto adoption

This week on Financial Planning: Explained, host Michael Menninger, CFP welcomes Brad Sorensen, CFA. Brad is a portfolio manager and outsourced Chief Investment Officer at Cornerstone Portfolio Research. This is the first episode of a three-part series discussing this past years market performance and the outlook for 2026. In this episode, Mike and Brad discuss market performance in 2025 vs. prior years, PE Ratio (price-earnings), valuations, and unemployment. This is a great episode for anyone looking for a better understanding of how the markets performed in 2025 and why. ​For more information on Menninger & Associates Financial Planning visit https://maaplanning.com.

Dr. Ashby Monk is the Executive and Research Director of the Stanford University Global Projects Center. He is also a Senior Research Associate at the University of Oxford, a Senior Advisor to the Chief Investment Officer of the University of California, and the co-founder of Long Game. Ashby advises sovereign wealth funds and large pension funds, and is involved with a bunch of fin tech companies, all of which attempt to create innovative solutions to fixing the financial future for individuals, pensions and countries in the years ahead. Our conversation starts with Ashby's early work experience and path through academia, and flows into an exploration of next generation, lower cost approaches to active management for large asset owners.  We touch on investing in public equity, private equity, venture capital, and hedge funds using examples from the Canadian and Australian pensions, New Zealand Super Fund, and University of California endowment. Lastly, we discuss Long Game, an innovative company seeking to improve personal savings in the U.S.  Ashby is a passion-driven, creative thinker who rightfully has the ear of some of the most important pools of capital in the world.  His ideas will change the way you think about allocating capital.   Learn More  Follow Ted on Twitter at @tseides or LinkedIn  Subscribe to the mailing list  Access Transcript with Premium Membership    Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)

Interview recorded - 8th of January, 2026On this episode of the WTFinance podcast I had the pleasure of welcoming on Jeff Park. Jeffs serves as Chief Investment Officer at ProCap Financial.During our conversation we spoke about the current outlook of the markets, shifting monetary policy, impacting markets, end to markets cyclicality and more. I hope you enjoy!0:00 - Introduction1:01 - Current outlook of the markets2:35 - Shifting monetary policy12:01 - Impacting markets?16:32 - End to markets cyclicality?21:09 - Ideological investing24:11 - Any assets to outperform?29:47 - One message to takeawayJeffrey (Jeff) Park is a portfolio manager and Bitcoin-focused investor known for bridging traditional credit and hedge fund strategies with the emerging digital asset class. He serves as Chief Investment Officer at ProCap BTC, where he leads investment research and portfolio construction dedicated to Bitcoin and adjacent infrastructure. Previously, he was Head of Alpha Strategies & Portfolio Manager at Bitwise Asset Management, and earlier held roles at Corbin Capital Partners, the Harvard Management Company, and Morgan Stanley.Across traditional and crypto markets, Park has managed mandates spanning opportunistic credit, multi-strategy hedge fund solutions, and digital asset investments. His recent work concentrates on institutional-grade approaches to Bitcoin exposure—combining macro, market microstructure, and risk management with an emphasis on liquidity, custody, and operational controls.Jeff Park - X - https://x.com/dgt10011Substack - https://t.co/nPu4vrn9M8WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

To kick off year 7 of the Investors First Podcast, we interviewed Rick Rieder of BlackRock, currently Chief Investment Officer of Global Fixed Income, Head of the Fundamental Fixed Income business, and Head of the Global Allocation Investment Team. After earning a BBA in Finance from Emory University and later an MBA from The Wharton School. He started his career as an Analyst at SunTrust, briefly joining E.F. Hutton's training program, and then spending nearly two decades at Lehman Brothers trading before joining BlackRock. In this episode, we start where his interest in finance began with analyzing sports outcomes and probabilities—sometimes betting lunch money to test his thinking. We cover everything in this episode, from Rick's start as a credit analyst at SunTrust, to a lengthy stay at Lehman Brothers, and then joining BlackRock post GFC. We discussed the team/resources he manages, his investment approach with a heavy emphasis on risk management, and the ability of his strategy to go anywhere to find yield. We discussed gambling vs. investing, the impact of new technologies, AI, and opportunity abroad in fixed income markets, along with much more. Today's hosts are Steve Curley, CFA (Co-Managing Principal, 55 North Private Wealth) & co-host Chris Cannon, CFA (CIO/Principal, FirsTrust). Please enjoy the episode. You can follow us on Twitter & LinkedIn or at investorsfirstpodcast.com Learn more: https://www.blackrock.com/corporate/insights/blackrock-investment-institute/publications/outlook

Jeff Park is a Partner & Chief Investment Officer at ProCap Financial. In this conversation, we break down the outlook for 2026, how bitcoin is positioned within global markets, and what shifting capital flows mean as major institutions like Morgan Stanley enter the space. Jeff also shares insights on geopolitics, artificial intelligence, and why these forces are increasingly shaping bitcoin and broader financial markets.=======================Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/=======================Uphold is the easiest way to buy and sell crypto unlike any other platform allowing you to trade in just one step between any supported asset. Check them out at ⁠https://uphold.sjv.io/K0RXra.⁠ This video includes a paid sponsorship with Uphold. I'm compensated by Uphold for promoting its products and services and may receive commissions from referrals. Terms apply. Not available in all jurisdictions. Digital assets are risky and may result in the total loss of your capital.=======================Bitwise is one of the largest and fastest-growing crypto asset managers, with more than $15 billion in client assets across an expanding suite of investment solutions—including the world's largest crypto index fund—plus products spanning Bitcoin, Ethereum, DeFi, and crypto equities. In addition to managing assets, Bitwise helps investors stay informed about the fast-moving crypto market. Every week, CIO Matt Hougan breaks down what's happening in crypto in five minutes or less. Read the latest at https://experts.bitwiseinvestments.com/cio-memos. Certain Bitwise investment products may be subject to the extreme risks associated with investing in crypto assets. Visit https://bitwiseinvestments.com/disclosures to learn more.=======================Timestamps:0:00 – Intro1:59 – Bitcoin setup for 2026: positioning, flows, leverage4:35 – Volatility + drawdowns: are bear markets changing?7:49 – The “ideological investor” & 3 forces shaping 202613:48 – Venezuela bitcoin rumors & geopolitics driving markets20:15 – Gold/jewelry drama & verifying what's real23:06 – AI content & implications for the next generation34:05 – Morgan Stanley launching Bitcoin ETF & Solana ETF

Robert is Founder, Chief Investment Officer and the Managing Partner of the $5bn EM fund, Gramercy. He founded Gramercy in 1998. Robert has 36 years of investment experience dedicated to emerging markets with a specialization in distressed opportunistic credit strategies. He is a member of Gramercy's Management Team and is Co-Chair of the Risk Management Committee. In this podcast we discuss: EM in 2025: From Caution to FOMO EM vs DM: A Role Reversal Since COVID The Problem with EM Labels & Indices China: From 'Uninvestable' to Selective Opportunity Russia–Ukraine: Asymmetry, Reconstruction, and Market Blind Spots The Boom in EM Private Credit Where the Opportunities Are in EM Private Credit Mexico, NAFTA 2.0, and Geopolitics Venezuela and the 'Trump Corollary to the Monroe Doctrine' Fed Policy: The Only Conviction Is Lack of Conviction Portfolio Philosophy: Fighting FOMO and Overtrading

In this essential Alternative Allocations podcast episode, Tony and guests dissect the 2026 outlook, offering crucial insights for financial advisors navigating commercial real estate, private equity secondaries, and private credit. Discover the macro themes shaping these dynamic sectors, from new cycles in real estate to the growing need for liquidity in private equity. Tune in to equip yourself with the knowledge to identify opportunities in the evolving private markets landscape. *********** Anant Kumar is a managing director and head of research with Benefit Street Partners, based in our West Palm Beach office. Prior to joining BSP in 2015, Mr. Kumar worked in the capital markets advisory group at Lazard Frères and the leveraged finance group at Deutsche Bank. Mr. Kumar received a Master of Business Administration from the University of Chicago, a Master of Science from Stanford University, and a Bachelor of Engineering from Visvesvaraya Technological University in India. Taylor Robinson is a Partner of Lexington Partners, primarily focused on sourcing, negotiating, and executing secondary transactions. Taylor joined Lexington Partners in 2008 from JPMorgan, where he was in investment banking and leveraged finance. Aside from his investment focus and other Firm responsibilities, he is a member of Lexington's ESG steering committee and Franklin Templeton's global Stewardship & Sustainability Council. ​​Jeb Belford, equity owner and Managing Director, is the Chief Investment Officer of Clarion Partners. He is chairman of the Firm's Investment Committee, and a member of the Executive Board​. From 2013-2021, Jeb was the lead Portfolio Manager of the Firm's open-end core fund, with overall responsibility for fund management and portfolio strategy. From 2005-2012, Jeb was the Portfolio Manager for the Firm's value-add investment platform. Prior to becoming a portfolio manager, Jeb was a senior member of the Firm's Acquisitions Group, completing investments across a broad range of strategies. His background includes all key aspects of portfolio management, including acquisitions, financing and sales totaling over $20 billion in all property types and risk strategies, in markets across the U.S., Brazil and Mexico. Jeb joined Clarion Partners in 1995 and began working in the real estate industry in 1984.​​ ​************ Resources: 2026 Private Market Outlook Executive Summary Anant Kumar | LinkedIn Taylor Robinson | LinkedIn Rick Schaupp | LinkedIn Alternatives by Franklin Templeton Tony Davidow, CIMA® | LinkedIn

My guest today is Cullen Roche, Chief Investment Officer at Orcam Financial Group and Discipline Funds. His latest book is Your Perfect Portfolio: The ultimate guide to using the world's most powerful investing strategies. In today's episode, Cullen walks through the principles of portfolio construction. He emphasizes the importance of viewing investments as a means of savings rather than a quick path to wealth. Cullen explores the significance of time horizons in investment decisions, why real returns are what matter, and the origins of the 60/40 portfolio. (0:00) Starts (1:38) Principles of portfolio construction (6:12) Real vs nominal returns (11:01) Asset allocation and time horizon considerations (26:59) Evaluating the role of government bonds in portfolios (30:21) Origins of the 60/40 portfolio (37:44) The forward cap portfolio (46:49) The concept of duration in investing (56:23) Disciplined Funds (1:02:39) Asset liability matching (1:03:15) Factors influencing investor behavior ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

Stocks kicked off trading in the new year on a positive note with US equity-index futures advancing, while gold and silver gained. Trading is thin across the Asia-Pacific, with several markets shut for the holidays. Also, South Korea's exports maintained growth momentum, supported by strong semiconductor demand, easing concerns over global trade protectionism and tariff-related uncertainty that had weighed on the country for much of the year. For more on the market action, we turn to Paul Dobson, Bloomberg's Executive Editor for Asia Markets. Chinese President Xi Jinping says China has met the targets in its 14th Five-Year Plan for economic development in the 2021-2025 period, according to his New Year's Eve message. Xi highlights achievements in AI large models and chip R&D, and says China has become one of the economies with the fastest growing innovation capabilities. For more on the outlook for the Chinese economy for the year and what is ahead for the Asia Pacific, we speak to Stephanie Leung, Chief Investment Officer at StashAway. See omnystudio.com/listener for privacy information.

Stijn Schmitz welcomes Chris Vermeulen to the show. Chris Vermeulen is Founder & Chief Investment Officer, The Technical Traders. In this episode, Vermeulen provides an in-depth analysis of current market conditions, focusing primarily on precious metals, equities, and potential economic cycles. Chris suggests the precious metals market may be approaching a potential peak, characterized by high volatility and significant price fluctuations. He believes the market is currently experiencing its “last parabolic phase” and warns investors to be cautious. While acknowledging the excitement surrounding precious metals, he emphasizes the importance of having a strategic approach to manage potential risks. A key aspect of Vermeulen’s analysis is the relationship between stock market performance and precious metals. He observes that the stock market, particularly the Magnificent Seven tech stocks, has not yet experienced the significant pullback that typically precedes a precious metals rally. He anticipates that when the equity market begins to sell off, it could trigger a substantial correction in precious metals. Vermeulen recommends a strategy of following price action rather than getting caught up in market narratives. He suggests investors should be prepared to rotate between stocks, bonds, currencies, and cash positions. He is currently bullish on gold, equities, and potentially the US dollar index, while being bearish on oil and energy sectors. Looking ahead to 2026, Vermeulen predicts significant market volatility. He warns that the current low VIX (volatility) index suggests a lack of market fear, which could be a potential warning sign. His analysis indicates that the market might experience a relatively swift pullback, potentially lasting eight to twelve months, which could create opportunities for strategic investors to re-enter markets at more attractive valuations. Ultimately, Chris’s message is about maintaining flexibility, following technical indicators, and being prepared to adapt to changing market conditions. He emphasizes that successful investing is not about predicting exact market tops and bottoms, but about having a disciplined strategy to manage risk and capitalize on market movements. Timestamps: 00:00:00 – Introduction 00:01:00 – Precious Metals Volatility 00:03:34 – Parabolic Phase Thesis 00:07:56 – Timing Physical Positions 00:09:55 – Market Cycle Analysis 00:13:04 – Equities Rollover Indicators 00:16:12 – Current Investment Opportunities 00:20:54 – Oil Gas Outlook 00:28:22 – 2026 Volatility Expectations 00:30:42 – Technical Traders Service 00:32:08 – Concluding Thoughts Guest Links: Website: https://thetechnicaltraders.com/ X: https://x.com/TheTechTraders Chris Vermeulen is the Founder & Chief Investment Officer of The Technical Traders and the visionary mind behind Asset Revesting. In his book Asset Revesting – How to Exclusively Hold Assets Rising in Value, Profit During Bear Markets, and Continue Building Wealth in Retirement, he lays out this investment framework. Chris launched his financial career at 16, parlaying his knack for trading and risk management into funding his final year of college, where he earned a business diploma in operations management. By his twenties, he had achieved financial independence as a full-time entrepreneur and trader. After a setback—blowing up a trading account—Chris dedicated himself to treating trading as a business, completing the Trading Strategy Mastery and Trading Is Your Business courses. A technical analysis expert, he devises systematic methods to spot market opportunities and control portfolio risk, rejecting traditional buy-and-hold approaches that cling to depreciating assets. His efficient asset allocation models balance short- and long-term strategies to minimize drawdowns and consistently outperform benchmarks. Those seeking reliable capital preservation and growth turn to his proven techniques.

Longtime Keen on Retirement listeners and friends of the firm are probably familiar with The Big Hat. Matt Wilson, our Chief Investment Officer and President, is the proud owner of an oversized Dow 100,000 cap that he wears on our show from time to time. And when folks visit our offices, such as during our annual Holiday Breakfast, they often spot Matt's hat in his office and have a bit of a chuckle about its pie-in-the-sky prediction. More than once, I've heard someone tell Matt, "Gosh, I'll never see that in my lifetime."  But ... is the Dow hitting 100,000 really all that far-fetched? On our final show of 2025, we look to market history and current trends to give you a head start in your financial planning for 2026.  I also share some stories from my big Hollywood red carpet debut as part of the Keen Wealth Foundation's charitable mission. 

In this episode of The Distribution, Brandon Sedloff sits down with Jeff Beckham to discuss building institutional real estate platforms, generating operational alpha, and scaling founder-led investment firms. Jeff walks through his career from investment banking to global real estate investing and explains how those experiences shaped his approach as Chief Investment Officer at Buckingham. The discussion dives deep into Buckingham's focus on the living sector, vertical integration, and why discipline and process matter most in today's market environment.  They discuss: • Jeff's career path from Morgan Stanley to leading investment platforms across Europe and the US • Why Buckingham focuses exclusively on the living sector across multifamily, student housing, build-to-rent, and active adult • How vertical integration across development, construction, and property management drives operational alpha • The investment case for Midwest, Southeast, and Mountain West markets versus coastal markets • Balancing entrepreneurial deal-making with institutional processes, accountability, and scale Links: Buckingham Companies - https://buckingham.com/ Jeff on LinkedIn - https://www.linkedin.com/in/w-jeffrey-beckham-2ab2712/ Brandon on LinkedIn - https://www.linkedin.com/in/bsedloff/ Juniper Square - https://www.junipersquare.com/ Topics: (00:00:00) - Intro (00:04:54) - Jeff's career journey (00:12:20) - Joining Buckingham and real estate insights (00:19:51) - Buckingham's investment strategy (00:28:45) - The appeal of build-to-rent (BTR) housing (00:29:43) - Investment strategies in the living sector (00:31:18) - Challenges and opportunities in the living sector (00:35:47) - Operational focus and deal sourcing (00:38:57) - Role and responsibilities of a CIO (00:44:09) - Building systems for future growth (00:46:37) - Balancing immediate and long-term goals (00:52:29) - Excitement for future opportunities (00:53:55) - Conclusion and contact information

Dan Nathan and Guy Adami host Steph Guild, Chief Investment Officer at Robinhood. Steph discusses her 2026 market outlook, reflecting on tech sector growth, AI developments, and S&P 500 predictions. She emphasizes her cautious approach for the coming year, focusing on diversification and value investing. After the break, Steve Quirk, Chief Brokerage Officer at Robinhood joins the pod. Steve talks about Robinhood's latest offerings, including prediction markets and event contracts, highlighting their rapid growth and retail investor interest. The episode also explores new AI tools like Cortex for customer portfolio management and Robinhood's new social platform aimed at fostering community and idea sharing among investors. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

In this episode, Toby Mathis, Esq., of Anderson Business Advisors, interviews Ryan and Tait, hosts of the Passive Income Pilots Podcast and seasoned real estate investors. Ryan has built a $750 million self-storage portfolio while Tait continues flying for a major commercial airline. They share how pilots can build tax-free income while traveling the world through strategic real estate investing, syndications, and debt funds. The conversation covers the biggest mistakes new pilots make with retirement accounts, powerful Roth conversion strategies during probationary years, and how to leverage real estate professional status to offset W-2 income. Tyler and Tait explain how they legally pay almost no federal income tax on nearly $1 million in combined annual income using accelerated depreciation, cost segregation, and oil and gas investments. You'll also hear about whole life insurance strategies, airplane leasebacks for depreciation benefits, and why pilots' largest expense is actually taxes—not housing. Tune in for expert insights on building multiple income streams and achieving financial freedom! Ryan Gibson is the President, Chief Investment Officer, and Co-Founder of SIG. He has organized over $450M of private equity for Spartan's projects. Ryan has experience managing the development of SIGs projects in challenging markets. For SIG, Ryan is responsible for investor relations and capital raises for projects. Ryan is also a highly experienced commercial airline pilot. Ryan graduated from Mercyhurst University with a bachelor's degree in Business, with concentrations in Marketing, Management, and Advertising. Tait Duryea is the Founder and Chief Executive Officer of Turbine Capital. As an experienced airline captain and third-generation aviator, Tait combines deep industry knowledge with more than a decade of real estate investing experience across single-family, multifamily, self-storage, industrial, mobile home parks, and short-term rentals. Highlights/Topics: Best pilot-friendly passive income models: syndications, debt funds, and strategic real estate investing Biggest mistakes new pilots make: rolling old 401(k)s too quickly and missing Roth conversion opportunities during probationary year Tax-advantaged real estate: using accelerated depreciation and cost segregation to offset high W-2 income Real estate professional status: How Tait and his wife legally pay almost no federal income tax on nearly $1 million annual income Stacking strategies: combining low-income year Roth conversions with discounted LP valuations for maximum tax savings How one Southwest pilot saved $100,000 in taxes by following podcast education and implementing strategies Lifestyle creep: Converting purchases into time to make smarter financial decisions and avoid overspending What separates financially free pilots from those who aren't: continuous education, networking, and disciplined saving Share this with business owners you know Resources: Listen To The Passive Income Pilots Podcast https://passiveincomepilots.com/ Learn more about Ryan Gibson and Spartan-Investors https://spartan-investors.com/ Learn more about Tait Duryea and Turbine Capital https://www.turbinecap.com/ Schedule Your FREE Consultation https://andersonadvisors.com/strategy-session Tax and Asset Protection Events https://andersonadvisors.com/real-estate-asset-protection-workshop-training/?utm_source=how-pilots-build-tax-free-income-while-traveling-the-world&utm_medium=podcast Anderson Advisors https://andersonadvisors.com/ Toby Mathis YouTube https://www.youtube.com/@TobyMathis Toby Mathis TikTok https://www.tiktok.com/@tobymathisesq Clint Coons YouTube https://www.youtube.com/@ClintCoons  

*Previously aired episode* Amanda Cruise and Ash Patel interview Brad Johnson, co-founder and CIO of Vintage Capital. Brad shares his journey from institutional private equity to building a $200M+ mobile home park portfolio and discusses why he's doubling down on the asset class today. They dive into due diligence strategies, creative seller financing structures, and why Brad prefers long-term holds with strong operators over short-term flips. The trio also tackles current legislative risks, how rent control could impact MHP valuations, and why Brad isn't chasing distressed multifamily deals. Brad Johnson Current role: Co-Founder and Chief Investment Officer, Vintage Capital Based in: Irvine, California Say hi to them at: ⁠info@vintage-funds.com⁠ | ⁠vintage-funds.com⁠ Join us at Best Ever Conference 2026! Find more info at: https://www.besteverconference.com/  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Stijn Schmitz welcomes Brett Rentmeester to the show. Brett is the Founder of WindRock Wealth Management. Their conversation centers on the current economic landscape, highlighting critical challenges facing the global financial system, particularly the United States. Rentmeester argues that the economy has fundamentally changed since the mid-1970s, when the dollar decoupled from gold. Since then, the economic system has relied increasingly on debt and money printing, creating an unsustainable financial structure. He points to several systemic issues, including declining real wages, skyrocketing costs in healthcare and education, and massive government debt that is increasingly difficult to service. Stijn explores potential scenarios for economic transformation, presenting two primary paths: proactive systemic change or a potential catastrophic reset. Brett suggests we are in a “fourth turning” moment—a generational shift where existing institutions are losing public trust and facing potential fundamental restructuring. A key theme is the potential return to “sound money,” potentially through tokenized gold, cryptocurrency, or a new monetary system backed by hard assets. Brett believes there’s a significant likelihood of monetary reimagination within the next five to ten years, driven by increasing public dissatisfaction with current economic structures. For individual investors, he recommends a diversified approach: maintaining investments in traditional assets while also acquiring hard assets like gold, silver, and real estate. The strategy involves having “one foot in the existing system and one foot out,” preparing for potential significant economic disruption. Regarding potential global conflict, Rentmeester hopes for a collaborative reset rather than a destructive war cycle, emphasizing the importance of proactive monetary reform. His overall message is one of cautious preparation, understanding that while the current system faces significant challenges, there are potential pathways to a more stable economic future. Timestamps: 00:00:00 – Introduction 00:01:03 – Times of Great Change 00:02:33 – Debt Saturation Discussion 00:04:33 – Cracks in Society 00:08:11 – Demographic Challenges 00:11:16 – Fiat Money Creation 00:12:31 – Gold Standard History 00:14:00 – Central Banks Gold Buying 00:15:38 – Crony Capitalism Critique 00:16:44 – US Debt Mathematics 00:20:50 – Why Now Inflection 00:24:56 – Future Paths Outlined 00:28:42 – Global Power Shifts 00:42:03 – Portfolio Construction Strategies Guest Links: Website: https://windrockwealth.com/ LinkedIn: https://www.linkedin.com/in/brettrentmeester/ Brett Rentmeester founded WindRock Wealth Management to bring tailored investment solutions to investors seeking an edge in an increasingly uncertain world. Mr. Rentmeester is a veteran and entrepreneur in the investment business. Through his career, including as a co-founder of Altair Advisers and manager at Arthur Andersen, he was a trusted confidant for business owners, entrepreneurs and family offices. His entrepreneurial spirit led him to create and build a number of successful companies in the financial services industry through partnership with the Jaggi Family Office, where he serves as the Chief Investment Officer. Throughout his career, he has focused on the importance of strong relationships, strategic thinking, and an expertise in alternative investments. Mr. Rentmeester's media appearances include appearances on the PBS Nightly Business Report program, the Chicago Tribune, and the World Presidents' Organization. He graduated magna cum laude from the University of Arizona with a degree in Finance and earned his MBA from Northwestern's Kellogg Graduate School of Management. He has been a multiple-year recipient of the Chicago Magazine Five Star Wealth Award, is a Chartered Financial Analyst charterholder (CFA®) and has the Chartered Alternative Investment Analyst designation (CAIA®).

On this special Christmas edition of Bloomberg Daybreak, host Nathan Hager speaks with: Cameron Dawson, Chief Investment Officer at Newedge Wealth and Brian Levitt, Global Market Strategist at Invesco discuss what we should expect from markets in 2026 Amanda Agati, Chief Investment Officer at PNC, breaks down the cost of the 12 days of Christmas. See omnystudio.com/listener for privacy information.

On this special Christmas edition of Bloomberg Daybreak, host Nathan Hager speaks with: Cameron Dawson, Chief Investment Officer at Newedge Wealth and Brian Levitt, Global Market Strategist at Invesco discuss what we should expect from markets in 2026 Amanda Agati, Chief Investment Officer at PNC, breaks down the cost of the 12 days of Christmas. See omnystudio.com/listener for privacy information.

In this episode of Lead-Lag Live, I sit down with Greg Babij, Co-Founder and Chief Investment Officer at Sundial, to explore why traditional buy-and-hold strategies may struggle in a market defined by faster cycles, rising volatility, and structural change.From the rise of zero-day options to the importance of tactical exposure, tail hedging, and trend following, Babij explains how portfolios can be designed to survive growth, recession, inflation, and deflation without relying on predictions.In this episode:– Why buy and hold may no longer deliver the same results– How zero-day options are changing market behavior– The difference between prediction and probability-based investing– Why tactical and non-correlated strategies matter more now– How to construct portfolios that adapt across market regimesLead-Lag Live brings you inside conversations with the financial thinkers who shape markets. Subscribe for interviews that go deeper than the noise.Start your adventure with TableTalk Friday: A D&D Podcast at the link below or wherever you get your podcasts!Youtube: https://youtube.com/playlist?list=PLgB6B-mAeWlPM9KzGJ2O4cU0-m5lO0lkr&si=W_-jLsiREjyAIgEsSpotify: https://open.spotify.com/show/75YJ921WGQqUtwxRT71UQB?si=4R6kaAYOTtO2V Support the show

In this rare and deeply personal conversation, I was fortunate to sit down with Ruth as she opened up about the defining moments of her life, from learning the power of smart risk to helping stabilize the global economy in 2008. Her and I dive deep into Google's AI strategy, how competition from ChatGPT ultimately makes the company stronger, the Nobel Prize–winning breakthroughs behind AlphaFold and Ruth's candid view on how close we really are to finding a cure for cancer. Ruth also shares her “battle scars”, hiring philosophy, her vision for the future of teleportation technology, and the advice she would give to anyone looking to pivot their career successfully.A big thanks to the Google team in Riyadh for facilitating this shoot at their beautiful offices. 0:00 Intro 3:39 Leading Through the 2008 Financial Crisis 5:37 Flexibility vs. Rigidity in Career Paths 8:41 Thriving in Google's Culture of Innovation 11:12 Google's Approach to AI Competition 13:35 Unlocking Creativity with Gemini 17:14 Making Bold Bets at Google 19:20 Data Privacy and Security at Google 21:34 Google's Investment in Saudi Arabia & Vision 2030 27:58 Future Tech: Teleportation & AI in Healthcare 32:10 Curing Cancer & Personal Battle 35:40 Life Lessons: Risk, Learning, and Mentorship 40:02 Reflecting on Regrets and Closing

Everyone loves a success story, but what we don't talk about enough is what it costs to get there.And what it's like before the money is wired or anyone cares. Before all of that, there was a guy with a phone, a thesis, and a long list of people telling him no.That guy was Cole Wilcox.In this episode, Stacy Havener sits down with Cole, CEO & CIO of Longboard Asset Management, to talk about what it really takes to build an investment firm when you don't start with pedigree, proximity, or institutional backing, just conviction and the willingness to keep going when quitting feels rational.In this episode, you'll hear:How one cold call turned into Longboard's first $5M Why founder-led fundraising is unavoidable in the early years, no matter how strong your strategy isWhat it feels like to hear “call me at $100M”… and then hear it again at $1BHow surviving multiple market crises permanently reshaped Cole's relationship with riskThe moment Longboard nearly shut down, and the structural pivot that kept the firm aliveThe real cost of broken partnerships (and why people issues end more firms than markets)What resilience actually looks like when walking away feels like the logical moveWhy staying power might be the most underrated edge a founder hasMore About Cole:Cole Wilcox, Chief Investment Officer at Longboard, has specialized in trend following investment strategies for over 20 years. As a co-author of award-winning research, he has been profiled in bestselling investment books, featured in major media outlets such as The Wall Street Journal, CNBC, and Bloomberg, and is a frequent guest on popular podcasts. Cole leads a highly accomplished team at Longboard, delivering innovative, low-correlation investment strategies that leverage trend following to capture market opportunities. ---Running a fund is hard enough.Ops shouldn't be.Meet the team that makes it easier. | billiondollarbackstory.com/ultimus- - -Thinking about expanding your investor base beyond the US? Not sure where to start? Take our quick quiz to find out if your firm is ready to go global and get all the info at billiondollarbackstory.com/gemcap

This week on In Black America, producer and host John L. Hanson, Jr. discusses the wealth gap between White and Black Americans with Phillip Washington, Jr., registered investment adviser, CEO and Chief Investment Officer of Stone Hill Wealth Management, and host of the Wealth Building Mad Simple podcast. The post Phillip Washington, Jr. (Ep. 04, 2026) appeared first on KUT & KUTX Studios -- Podcasts.

To conclude their two-part discussion, our Head of Corporate Credit Research Andrew Sheets and Chief Investment Officer for Morgan Stanley Wealth Management Lisa Shalett discuss the outlook for inflation and monetary policy, with implications for investment-grade credit.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Global Head of Corporate Credit Research at Morgan Stanley.Lisa Shalett: And I am Lisa Shalett, Chief Investment Officer of Morgan Stanley Wealth Management.Andrew Sheets: Yesterday we focused on the topic of a higher for longer inflation regime, and I was asking the questions. Today, Lisa will grill me on my views for the next year. It's Friday, December 19th at 4pm in London. Lisa Shalett: And it's 11am in New York. All right, Andrew, I'm happy to turn tables on you now. I'm very interested in your thoughts about the past year – 2025 – and looking towards 2026. In 2026, Morgan Stanley Research seems to expect a resilient global growth backdrop, with inflation moderating and central banks easing policy gradually. What do you think are the main drivers behind this more constructive inflation outlook, especially taking into account the market's prevailing concerns about persistent price pressures. Andrew Sheets: There are a couple of factors that we think are going to be near term helps for inflation, although I don't think they totally rule out what you're talking about over that longer term period.So first, we, at Morgan Stanley, are very cautious, very negative on oil prices. We think that there's going to be more supply of oil over the next year than demand for it. And so lower oil prices should help bring inflation down. There's also some measures of just how the inflation indices measure shelter and housing. And so, while we think, kind of, looking further ahead, there are some real shortages emerging in things like the rental markets – where you just haven't had a whole lot of new rental construction coming online, as you look out a year or two ahead. But in the near term, rental markets have been softer. Home prices are coming down with a lag in the data. And so, shelter inflation is relatively soft. So, we think that helps. While at the same time fiscal policy is very supportive and corporates, as we discussed in our last conversation, they're really embracing animal spirits – with more spending, more spending on AI, more capital investment generally, more M&A. And so, those factors together, we think, can over the next 12 months, still mean pretty reasonable growth and Inflation that's still above target – but at least trending a little bit lower. Lisa Shalett: You believe that central banks, including the Fed, will cut rates more slowly given better growth. And this slower pace of easing could actually be positive for the credit markets. So, could you elaborate on your expertise on credit and why a gradual Fed approach may be preferable? What risks and opportunities might this create? Andrew Sheets: Yeah, so I think this is kind of one of these big debates going into this year is – which would we rather have? Would we rather have a Fed that was more active, cutting more aggressively? Or cutting more slowly? And, indeed, we're having this conversation on the heels of a Fed meeting. There's a lot of uncertainty about that path. But the way that we're thinking about it is that the biggest risk to credit would be that this outlook for growth that we have is just too optimistic. That actually growth is weaker than expected. That this rise in the unemployment rate is signaling something far more challenging for the economy ahead and in that scenario the Fed would be justified in cutting a lot more. But I think historically in those periods where growth has deteriorated more significantly while the Fed has been cutting more, those have been periods where credit – and indeed the equity market – have actually done poorly despite more quote unquote Fed assistance. So, periods where the Fed is cutting more gradually tend to be more consistent with policy in the right place. The economy being in an okay place. And so, we think, that that's the better outcome. So again, we have to kind of monitor the situation. But a scenario where the Fed ends up doing a little bit less than the market, or even we expect with rate cuts – because the economy's holding up. That can still be, we think, an okay scenario for markets. Lisa Shalett: So, things are okay and animal spirits are returning. What does that mean for credit markets? Andrew Sheets: Yeah, so I think this is the bigger challenge: is that if our growth scenario holds up, corporates I think have a lot of incentives to start taking more risk – in a way that could be good for stock markets, but a lot more challenging to the lenders, to these companies for credit. Corporates have been impressively restrained over the last several years. They've really, kind of, held back despite lots of fiscal easing, despite very low rates. Those reasons for waiting are falling away. And so, in this backdrop that you, Lisa, were describing the other day around – easier monetary policy, easier fiscal policy, easy regulatory policy, and you know, just for good measure, maybe the biggest capital spending cycle since the railroads through AI. These are some pretty powerful forces of animal spirits. And that's a reason why we think ultimately, we see a lot more issuance. We see roughly a trillion dollars of net supply. So, total supply, less redemptions in U.S. investment grade. That's a huge uptick from this year, and we think that drives spreads wider, even if my colleague Mike Wilson is correct that equity markets rise. Lisa Shalett: So, wow. So, we have very strong U.S. equities. But perhaps an investment grade credit market that underperforms those equities. How else would you think about your asset allocation more broadly, and how might those dynamics around credit issuance and equity success play out regionally? Andrew Sheets: Yeah, so, I think this scenario where equities are up, credit is underperforming. The cycle is getting more aggressive. It's a little unusual, but I think we do have some templates for it and specifically I think investors could look to 2005 or 1997 and 1998. Those were all years where equities were up double digits, where credit spreads were wider. Where yields were somewhat range bound, where corporate aggression was increasing. That is all very consistent with Morgan Stanley's 2026 story. And yet, you did have this divergence between equities and credit market. So, I think it is a market where we see better risk-reward in stocks than in credit. I think it's a market where we want to be in somewhat smaller credits or somewhat smaller equities. We like small and mid cap stocks in the U.S. over large caps. We like high yield over investment grade. And we do think that European credit might outperform as it's somewhat lagging this animal spirits theme that we think will be led by the U.S. Lisa Shalett: So, if that's the outlook, what are the risks? Andrew Sheets: Yeah, so I think there are two risks, and you know, we alluded to one of them early on in this conversation – would be just that growth is weaker than we expect. Usually when the unemployment rate is rising, that's a pretty bad time to be in credit. The unemployment rate is rising. Now, Morgan Stanley economists think that that rise will be temporary, that it will reverse as we go through 2026. And so, it'll be less of a thing to worry about. But you know, a sign that maybe companies have been holding off on firing, waiting for more tariff clarity, if that doesn't come, then that would be a risk to growth. The other risk to growth is just around this AI-related spending. It is very large and the companies that are doing it are some of the wealthiest companies in the world, and they see this spending potentially as really core to their long-term strategic thinking. And so, if you were to ever have an issuer or a set of issuers who were just less price sensitive, who would keep issuing into the market, even if it was starting to reprice that market and push spreads wider, this might be the group. And so, a scenario where that spending is even larger than we expect, and those issuers are less price sensitive than we expect – that could also drive spreads wider, even if the underlying economic backdrop is somewhat okay. Lisa Shalett: Super. That's probably a great place for us to wrap up. So, I'll hand it back to you, Andrew. Andrew Sheets: Well, great, Lisa, always a pleasure to have this conversation. And, as a reminder for all you listening, if you enjoy Thoughts of the Market, please take a moment to rate and review us wherever you listen, it helps more people find the show. *****Lisa Shalett is a member of Morgan Stanley's Wealth Management Division and is not a member of Morgan Stanley's Research Department. Unless otherwise indicated, her views are her own and may differ from the views of the Morgan Stanley Research Department and from the views of others within Morgan Stanley.

Brent Schutte, Chief Investment Officer at Northwestern Mutual Wealth Management Co., sees "a lot of different parts of the U.S. economy that aren't working," and while the market and economy have overcome those concerns to this point — and may have the strength to keep that up — he is concerned about the potential for a fall and says investors need to be diversified properly to ride out the year ahead. "Diversification doesn't pay all the time," Schutte says, "but it often times makes up for all the costs that it has in periods where whatever you want to concentrate in actually doesn't work. And that's where I think diversification going forward is not only a risk management tool, but it's also a return enhancer." Schutte sees the market broadening out but delivering only modest gains, and says he is more concerned about recession than most experts, because many analysts and investors are so focused on the upside that they have missed warning signs. Alessandro Valentini, fundamental portfolio manager at Causeway Capital Management, says that the gains in foreign stock markets this year were not just about currency fluctuations and he believes there is more potential for growth in 2026 as concerns over tariffs continue to diminish, the dollar produces a smaller tailwind — or at least no resistance — and low valuations create more potential for upside. Richard Stone, chief executive officer for The Association of Investment Companies — the British equivalent to the Active Investment Company Alliance — discusses differences in the activist investor cultures in the United States and Great Britain, including how "venture capital trusts" — the British equivalent of business-development companies — have tax advantages that make private credit investing much more palatable, but also why interval funds (known in England as "long-term asset funds") are a model that has stirred some controversy with investors.

Our Head of Corporate Research Andrew Sheets and Chief Investment Officer for Morgan Stanley Wealth Management Lisa Shalett unpack what's fueling persistent U.S. inflation and how investors could adjust their portfolios to this new landscape.Read more insights from Morgan Stanley.----- Transcript -----Andrew Sheets: Welcome to Thoughts on the Market. I'm Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley. Lisa Shalett: And I'm Lisa Shalett, Chief Investment Officer for Morgan Stanley Wealth Management. Andrew Sheets: Today, is inflation really transitory or are we entering a new era where higher prices are the norm? Andrew Sheets: It's Thursday, December 18th at 4pm in London. Lisa Shalett: And it's 11am in New York. Andrew Sheets: Lisa, it's great to talk to you again. And, you know, we're having this conversation in the aftermath of, kind of, an unusual dynamic in markets when it comes to inflation. Because inflation is still hovering around 3 percent. That's well above the Federal Reserve's 2 percent target. And yet the Federal Reserve recently lowered interest rates again. Fiscal policy remains very stimulative, and I think there's this real question around whether inflation will moderate? Or whether we're going to see inflation be higher for longer. And you know, you are out with a new report touching on some of the issues behind this and why this might be a structural shift higher in inflation. So, we'd love to get your thoughts on that, and we'll drill down into the various drivers as this conversation goes on. Lisa Shalett: Thanks Andrew. And look, I think as we take a step back, and the reason we're calling this a regime change is because we see factors for inflation coming from both the demand side and the supply side. For example, on the demand side, the role of the infrastructure boom, the GenAI infrastructure boom, has become global. It has caused material appreciation of many commodities in 2025. We're seeing it obviously in some of the dynamics around precious metals. But we're also seeing it in industrial metals. Things like copper, things like nickel. We're also seeing demand factors that may stem from the K-shaped economy. And the K-shaped economy, as we know, is really about this idea that the wealthiest folks are increasingly dominating consumption. And they are getting wealthy through financial asset inflation. On the supply side, there are dynamics like immigration, dynamics around the housing market that we can talk about. But perhaps the wrapper around all of it is how policy is shifting – because increasingly policymakers are being constrained by very high levels of debt and deficits. And determining how to fund those debts and deficits actually removes some of the degrees of freedom that central bankers may have when it comes to actually using interest rates to constrain demand. Andrew Sheets: Well, Lisa, this is such a great point because we're financial analysts. We're not political analysts. But it seems safe to say that voters really don't like inflation. But they also don't like some of the policies that would traditionally be assigned to fight inflation – be they higher interest rates or tighter fiscal policy. And even some of the more recent political shifts that we've seen – I'm talking about the U.S. around, say, immigration policy could arguably be further tightening of that supply side of the economy – measures designed to raise wages, almost explicitly in their policy goals. So how do you see that dynamic? And, again, kind of where does that leave, you think, policy going forward? Lisa Shalett: Yeah. I think the very short answer – our best guess is that policy becomes constrained. So, on the monetary side, we're already seeing the Fed beginning to signal that perhaps they're going to rely on other tools in the toolkit. And what are those tools in the toolkit? Well, they're managing the size of their balance sheet, managing the duration or the mix of things that they hold in the balance sheet. And it's actual, you know, returns to how they think about reserve management in the banking system. All of those things, all of those constraints may enable the U.S. government to fund debts, right? By buying the Treasury bill issuance, which is, you know, swollen to almost [$]2 trillion a year in terms of U.S. deficits. But on the fiscal side, right, the interest payments on debt, begins to crowd out other government spending. So, policy itself in this era of fiscal dominance becomes constrained – both in, you know, Washington, D.C. and from Congress – what they can do, their degrees of freedom – and what the central bank can do to actually control inflation. Andrew Sheets: Another area that you touch on in your report is energy and technology, which are obviously related with this large boom that we're seeing – and continue to expect in AI data center construction. This is a lot of spending on the technology. This is a lot of power needed to power that technology and U.S. data center electricity demand is growing at a rapid rate. And transmission constraints are causing prices to go up. A price that is a pretty visible price for a lot of people when they get their utility bill. So, how do these factors you think shape the story? And where do you think they're going to go as we look into the future? Lisa Shalett: Yeah, 100 percent. I mean, I think, you know, when we talk about, you know, who's going to dominate in Generative AI globally, one of the factors that we have to take into consideration is what is the cost of power? What is the cost of electricity? What is the age of the infrastructure to both generate that electricity and transport it? And transmit it? This is one of the areas where the U.S., at the minute, is facing genuine constraints. When you think about some of the forecasts that have been put out there in terms of $10 trillion of spending related to Generative AI, the number of data centers that are going to be built, and the power shortfall that has been forecast. We're talking about someone having to pay the price, if you will, to ration power until you can upgrade the grid. And in the U.S., that grid upgrade, to be blunt, has lagged some of the rest of the world. Not only because the rest of the world was slower to modernize and leapfrogged in many ways. But we know in China, for example, they have one of the lowest electricity generation costs on the planet. That is an advantage for them. So, we have to consider that power generation writ large is potentially a force for upward inflation, at least in the short term. Andrew Sheets: So we have the fiscal policy backdrop. We have an AI spending backdrop both contributing to the demand side of inflation. We have these supply constraints, whether it's housing or labor also, you know, potentially being more structural drivers of higher inflation. The question I'm sure that investors are asking you is, what should they do about it? So, can you walk us through the key strategies that investors might want to consider as they navigate a new inflationary regime? Lisa Shalett: Sure. So, the first thing that we think it's really important for folks to appreciate is that typically when we've been in these higher inflation regimes in the past, stocks and bonds become positively correlated. And what that means is that the power of a very simple 60-40 or stock-bond-cash portfolio to provide complete or optimal diversification fades. And it requires investors to potentially consider investing, especially beyond fixed income. Stocks very often are pro-inflationary assets; meaning many, many companies have the power to pass through price increases. If you are consuming income from a fixed income or a bond instrument, inflation is your enemy, right? Because it's eating into your real returns. And so, one of the things that we're talking with our clients a lot about in terms of portfolio construction are things like adding real assets, adding infrastructure assets, adding energy, transportation assets, adding commodities. Adding gold even, to a certain extent. You know, there may be cryptocurrencies that have lower correlations to their portfolios. Andrew Sheets: Just to play devil's advocate, you can imagine that some investors might say, ‘Well, I can look in the market at long-term inflation expectations.' And those long-term inflation expectations have been kind of stable and a bit above the Fed's target. But not dramatically. So, what do you say to that? And what do you think those markets either might be missing? Or how could investors leverage that more benign view that's out there in the market? Lisa Shalett: Yeah, so look, I think here's where the debate, right? Our perception has been that inflation expectations have remained extraordinarily anchored – because investors have actually reasonably short memories on the one hand, and we have, by and large, been in disinflationary times. Second, there's extraordinary faith in policy makers – that policy makers will fight inflation. And I think the third thing is that there's extraordinary faith in the deflationary forces of technology. Now, all three of those things may absolutely, positively be true. The problem that we have is that the alternate case, right? The case that we're making – that maybe we're in a new inflationary regime is not priced, and the risk is non-zero. And so, what we see, and what we're watching is – how steep does the yield curve get, right? As we look at yields in the 10-30-year tenure – what is driving those rates higher? Is it a generic term premium? Or are we starting to see an unanchoring, if you will, of inflation expectations. And it takes a while for people to appreciate regime change. And so, look, as is always the case, there's no absolutes in the market. There's no one theory that is priced and the other theory is not. But sometimes you want to hedge, and we think that we're going through a period where diversified portfolios and hedging for these alternative outcomes -- because there are such powerful structural crosscurrents – is the preferred path. Andrew Sheets: Lisa, thanks for sharing your insights Lisa Shalett: Of course, Andrew. That's my pleasure. Andrew Sheets: As a reminder, if you enjoy Thoughts on the Market, please take a moment to rate and review us, wherever you listen. It helps more people find the show.

For those who might be newer to the space, Digital Asset Treasuries, or 'DATs' for short, can be a good way to start investing in crypto. Not all of these treasuries do a great job of creating value for users, but today's company uses an innovative model that includes several different strategies for yield generation.Patrick Horseman is the Chief Investment Officer at BNB Plus, a digital asset treasury company that trades under the symbol BNBX. The company unlocks institutional-grade access to the Binance ecosystem through non-directional yield strategies and long BNB exposure. Patrick has been the founder or co-founder of several hedge funds and businesses operating in the world of decentralized finance, including Coral Capital, Esoteric Strategies, and Innovation Shares. He's also the founder of Verified Organics, an Ethereum based blockchain application designed to bring transparency and accountability to the organic food production process from farm to table.Today, we get into BNB Plus' different yield generation strategies, what makes the Binance ecosystem unique, and the general state of the DAT market now that some of the initial euphoria seems to have waned.Highlights:Patrick's path into DeFi (2:15)The BNB Plus Mission (5:48)DeFi Explained (8:34)What makes Binance unique? (10:24)Patrick's BNB Optimism (14:35)BNB Plus' Yield Generation Strategies (16:14)The BNB Plus Team (22:11)Binance's potential impact in the US (24:48)The state of the DAT market (25:34)BNB Plus' approach to risk (29:15)Links:Patrick Horsman LinkedInBNB Plus LinkedInBNB Plus WebsiteICR LinkedInICR TwitterICR WebsiteFeedback:If you have questions about the show, or have a topic in mind you'd like discussed in future episodes, email our producer, joe@lowerstreet.co.

This deep dialogue explores the shift from traditional economic metrics like GDP to regenerative economics, emphasizing interconnectedness and living systems. Fullerton and Cox discuss the need to move from extractive to exchange-based economies, highlighting the importance of right relationships and resilience over efficiency.John Fullerton is the founder and president of Capital Institute, a nonprofit organization dedicated to transforming finance and economics to serve life and the planet through “Regenerative Economics”. In 2001, he walked away from a two-decade career at JPMorgan, where he served as Managing Director and oversaw capital markets, derivatives, and investment businesses globally, including acting as Chief Investment Officer for Lab Morgan. LLC. Now, besides his work at Capital Institute, Fullerton is a member of the Club of Rome and currently serves on the Board of Directors of the Savory Institute, dedicated to regenerating the World's Grasslands. He's the author of several books including: Regenerative Economics: Revolutionary Thinking for a World in Crisis (2025 New Society Publishers)Faye Cox is the founder of Hourbooks Press, a small independent publisher that creates short books—each designed to be read in about an hour. Hourbooks is dedicated to sharing essential knowledge that fosters positive change in the world. Cox has a Master's degree in English Literature from the University of Oxford, and has two decades of leadership roles in systems change design.John Fullerton and Faye Cox are collaborators on Regenerative Economics: Creating Conditions for Health & Abundance on a Living Planet. (Hourbooks Press 2025)Interview Date: 10/3/2025 Tags: John Fullerton, Faye Cox, Hourbooks Press, complexity, symbiosis, circular economics, cradle to cradle economics, Regenesis Group, Bob Ulanowicz, Money/Economics, Ecology/Nature/Environment, Community

In this episode of the InsuranceAUM.com Podcast, host Stewart Foley, CFA is joined by Shiloh Bates, CFA, Partner and Chief Investment Officer of Flat Rock Global, for a deep dive into collateralized loan obligations and their role in insurance portfolios. Shiloh explains how CLOs function as structured credit vehicles, the problems they solve in the private credit market, and how different tranches offer distinct risk-return profiles for investors. The conversation explores current market dynamics, including elevated default rates, spread behavior, and where Shiloh sees potential opportunities across CLO equity and junior debt. Shiloh also discusses underwriting discipline, diversification benefits, rated feeder structures, and how insurers can think about CLOs relative to direct loan exposure when constructing resilient, risk-aware portfolios.

In this episode of Behind The Numbers With Dave Bookbinder, I'm joined by Kristof Gleich, President and Chief Investment Officer at Harbor Capital Advisors, for a deep dive into the human capital factor and its impact on business value and investment performance. Kristof explains how Harbor's partnership with Irrational Capital led to the development of the HAPI ETFs and walks through the seven subfactors that make up the human capital score: organizational effectiveness, innovation, direct management, alignment, engagement, emotional connection, and extrinsic rewards. We get into the data behind the factor, including the use of large-scale employee sentiment surveys and proprietary analytics, the index construction process that identifies the top 150 companies, and the annual reconstitution methodology. Kristof also shares performance insights – from Morningstar recognition to how HAPI has compared with the S&P 500. We also talk about why this factor has the potential to generate real alpha and how investors, private equity firms, and valuation professionals are beginning to incorporate human capital metrics into underwriting and deal analysis. If you're interested in how people truly drive enterprise value, how human capital data can shape portfolios, and what this means for investors, advisors, and dealmakers, this episode offers practical, data-driven insights you can use. About Our Guest: Kristof Gleich is the president and CIO of Harbor Capital Advisors, Inc. Kristof oversees all Investment, Distribution & Marketing and Executive Office functions at Harbor. He provides insight while helping lead Harbor's strategic growth plan. Prior to joining Harbor, Kristof was a managing director and global head of manager selection at JP Morgan Chase & Co. He received a B.S. in Physics from University of Bristol. Kristof is a CFA® charterholder and is FINRA Series 7 and 63 licensed. About the Host: Dave Bookbinder is known as an expert in business valuation and he is the person that business owners and entrepreneurs reach out to when they need to know what their most important assets are worth. Known as a collaborative adviser, Dave has served thousands of client companies of all sizes and industries.  Dave is the author of two #1 best-selling books about the impact of human capital (PEOPLE!) on the valuation of a business enterprise called The NEW ROI: Return On Individuals & The NEW ROI: Going Behind The Numbers.  He's on a mission to change the conversation about how the accounting world recognizes the value of people's contributions to a business enterprise, and to quantify what every CEO on the planet claims: “Our people are this company's most valuable asset.” Dave's book, A Valuation Toolbox for Business Owners and Their Advisors: Things Every Business Owner Should Know, was recognized as a top new release in Business and Valuation and is designed to provide practical insights and tools to help understand what really drives business value, how to prepare for an exit, and just make better decisions. He's also the host of the highly rated Behind The Numbers With Dave Bookbinder business podcast which is enjoyed in more than 100 countries.

How are you stewarding the resources God has given you to help the community around you and around the world? In this episode, Jeff, Jeff, Tom, and Chelsea discuss: Supporting sustainable employment to create a larger impact.Deciding where to give.Passing your faith to the next generation - caught, not taught.Collaborative giving.  Key Takeaways: Sometimes God will call you to a hard place where you are not going to have the highest impact for the dollar. Lean on Him - He knows where His resources are needed.God was generous with us first - He gave us life, resources, and time. We should be stewarding those resources for the good of His Kingdom.It is the simple things that shape hearts and minds. You don't need to overcomplicate how you share your faith - just live it and invite people in.Get engaged in a community. There are giving communities around the world that will facilitate growth and learning as you are starting your giving journey.  "It's just amazing how when you follow the Lord's calling, you don't always see the end result, but He will show you what you need, day by day, step by step." —  Chelsea Lernihan About Tom and Chelsea Lernihan: Chelsea is engaged in promoting faith, justice, and empowerment. At heart, she loves cultivating relationships and believes the power of a person's story can challenge action to create a world where all humans can flourish. Chelsea seeks to bring hope to women in crisis and empower all men and women to thrive.In her role at the MIGMIR Fund, Chelsea loves getting to cultivate relationships with people in East Africa, Southeast Asia, South America, and Chicago. She leads the day-to-day international operations of a donor-advised fund, including strategic direction, program development, and execution of its mission. The MIGMIR Fund seeks to partner with Christ-centered ministries that serve the spiritual and physical needs of individuals in under-resourced communities in Chicago and internationally. Chelsea works alongside the ministry partners globally to support their efforts in solving poverty and injustices within the communities that they serve.Tom Lernihan serves as Chief Investment Officer of His Fund, a faith-driven investment firm dedicated to creating employment opportunities for those in poverty and tackling some of the world's most pressing social challenges. He is also the cofounder of Brightwater Angels, an Indianapolis-based angel investment group supporting high-impact organizations led by Christian founders. Tom is deeply passionate about his faith, his family, and advancing innovation through entrepreneurship. Tom lives in Carmel, Indiana, is married to his best friend, Chelsea, and is the proud father of four children. Connect with Tom and Chelsea Lernihan:His Fund: https://www.his.fund/Brightwater: https://www.brightwater.co/MIGMIR: https://migmir.org/  Tom's LinkedIn: https://www.linkedin.com/in/tom-lernihan/Chelsea's LinkedIn: https://www.linkedin.com/in/chelsea-lernihan-43207453/  Connect with Jeff Thomas: Website: https://www.arkosglobal.com/Podcast: https://www.generousbusinessowner.com/Book: https://www.arkosglobal.com/trading-upEmail: jeff.thomas@arkosglobal.comTwitter: https://twitter.com/ArkosGlobalAdvFacebook: https://www.facebook.com/arkosglobal/LinkedIn: https://www.linkedin.com/company/arkosglobaladvisorsInstagram: https://www.instagram.com/arkosglobaladvisors/YouTube: https://www.youtube.com/channel/UCLUYpPwkHH7JrP6PrbHeBxw

My conversation with Barry starts at about      34 minutes in to today's show after headlines and clips Subscribe and Watch Interviews LIVE : On YOUTUBE.com/StandUpWithPete ON SubstackStandUpWithPete Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. This show is Ad free and fully supported by listeners like you! Please subscribe now for as little as 5$ and gain access to a community of over 750 awesome, curious, kind, funny, brilliant, generous soul How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them  The GREAT Barry Ritholtz who has spent his career helping people spot their own investment errors and to learn how to better manage their own financial behaviors. He is the creator of The Big Picture, often ranked as the number one financial blog to follow by The Wall Street Journal, New York Times, and others. Barry Ritholtz is the creator and host of Bloomberg's "Masters in Business" radio podcast, and a featured columnist at the Washington Post. He is the author of the Bailout Nation: How Greed and Easy Money Corrupted Wall Street and Shook the World Economy (Wiley, 2009). In addition to serving as Chairman and Chief Investment Officer of Ritholtz Wealth Management, he is also on the advisory boards of Riskalyze, and Peer Street, two leading financial technology startups bringing transparency and analytics to the investment business.  Barry has named one of the "15 Most Important Economic Journalists" in the United States, and has been called one of The 25 Most Dangerous People in Financial Media. When not working, he can be found with his wife and their two dogs on the north shore of Long Island. Join the SUPD Marketplace! Watch the video to learn how to post at StandUpWithPeteDominick.com/marketplace

Today's guest is Rick Rieder. Rick oversees more than $2 trillion in assets as the Chief Investment Officer of Global Fixed Income at BlackRock. He also heads the Fundamental Fixed Income business and the Global Allocation Investment Team. In today's episode, Rick discusses the current state of the markets, focusing on year-end dynamics, free cash flow at big-tech companies, and the evolving economic landscape since Liberation Day. He explains both what he expects the Fed to do and what he thinks they should do, and how that relates to portfolio construction. The discussion also explores the differences between gambling and investing, lessons from tennis that apply to investing, and much more. (0:00) Starts (1:31) Rick Rieder's market thoughts (4:23) Market sentiment and cash flow impacts (7:18) Small caps, M&A potential, and broad economic concerns (17:12) Interest rate forecasts (21:13) BINC ETF and fixed income outlook (24:28) Gambling vs. investing (31:36) Perspectives on precious metals and technological investment implications (35:27) Investing advice for young people and 2026 outlook ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Sponsor: AcreTrader is an investment platform that makes it simple to own shares of farmland and earn passive income, and you can start investing in just minutes online. For more information, please visit acretrader.com/meb. Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

Leadership isn't defined by a job title—it's shaped by the experiences, values and people who influence our path. In this episode, host and senior wealth advisor Whitney Reagan sits down with Mariner's Chief Investment Officer, Katrina Radenberg, for a candid conversation about mentorship, growth and authenticity. Together, they explore the moments that shaped Katrina's journey to CIO and the lasting impact of leading with intention.

The Joe Piscopo Show 12-11-25Corey Lewandowski, Trump 2024 Senior OfficialTopic: Trump says U.S. seized oil tanker; Trump's business leaders roundtable; other White House news Jonathan Hoenig, portfolio manager at Capitalist Pig Hedge Fund LLC and a Fox News ContributorTopic: Federal reserve cuts interest rates by 0.25%; Trump's business leaders roundtable Col. Jack Jacobs, a retired colonel in the United States Army and a Medal of Honor recipient for his actions during the Vietnam WarTopic: Militarized zone in Southern California; Oil tanker seized by Trump administration and what this could mean in relations with Venezuela Laine Schoneberger, Chief Investment Officer, Managing Partner, and Founder of YrefyTopic: Latest from Yrefy Larry Elder, host of "The Larry Elder Show" on the Salem Radio Network, author of "As Goes California: My Mission to Rescue the Golden State and Save the Nation" and the host of the "We’ve Got A Country to Save" podcastTopic: "Jingle Bells" deemed racist; Homelessness in California; Militarized zone in Southern California Commissioner Ray Kelly, the longest-serving Commissioner of the NYPD in history who was in charge of the Secret Service during his tenure as Deputy Treasury Secretary under President ClintonTopic: NYPD preparations for World Cup and America's 250th in 2026 Marlo Thomas, Actress, Home Entertaining Designer and National Outreach Director of St. Jude Children’s Research Hospital Topic: St. Jude's "Thanks and Giving" campaignSee omnystudio.com/listener for privacy information.

Jeff Park is the Partner & Chief Investment Officer at ProCap Financial. In this conversation, we break down the Fed's year-end shift toward rate cuts and easier liquidity, what it means for markets, and why bitcoin sentiment feels so negative despite strong performance. Jeff also digs into how AI investment is reshaping the macro landscape, what institutional players like BlackRock and Stripe signal for crypto, and why ProCap's mission centers on bitcoin and the coming age of abundance.======================As markets shift, headlines break, and interest rates swing, one thing stays true — opportunity is everywhere. At Arch Public, we help you do more than just buy and hold. Yes, our dynamic accumulation algorithms are built for long-term investors… but where we really shine? Our arbitrage algos — designed to farm volatility and turbocharge your core positions. The best part of Arch Public's products is they are free! Yes, you heard that right, try Arch Public for free! Take advantage of wild moves in assets like $SOL, $SUI, and $DOGE, and use them to stack more Bitcoin — completely hands-free. Arch Public is already a preferred partner with Coinbase, Kraken, Gemini, and Robinhood, and our team is here to help you build smarter in any market. Visit Arch Public today, at https://www.archpublic.com, your portfolio will thank you.======================This podcast is sponsored by Abra.com. Abra is the secure way to access crypto and crypto based yield and loan products through a separately managed account structure.Learn more at http://www.abra.com.======================Timestamps: 0:00 – Intro1:46 – Implications of fed rate cuts + QE returning7:00 – AI investment vs rest of the economy12:48 – Bitcoin sentiment despite strong performance16:01 – Intersection between bitcoin and AI23:22 – ProCap Financial goes public ($BRR)

Sébastien Page is Chief Investment Officer at T. Rowe Price and author of “The Psychology of Leadership.” In this interview, Sébastien discusses what he has learned about sports psychology that applies to leading in the corporate environment and in the management of $500B in assets at T. Rowe Price. The conversation continues as Sébastien dives into the psychological principles that distinguish truly great leaders from good ones and how leaders can use positive psychology to better run their teams. Sébastien also talks about how relationship development and trust creation are crucial to thriving in an economy enhanced by artificial intelligence. Sébastien concludes the interview by providing tips on stress management, sharing how to avoid goal-induced blindness, and giving advice for people who want to lead their guide their team members a rapidly-changing future. Sébastien Page is Head of Global Multi-Asset and Chief Investment Officer at T. Rowe Price. He oversees a team of investment professionals actively managing over $500 billion in assets under management. Sébastien won research paper awards from The Journal of Portfolio Management in 2003, 2010, 2011, and 2022 and the Financial Analysts Journal in 2010 and 2014. In addition to The Psychology of Leadership, he is the author of Beyond Diversification: What Every Investor Needs to Know About Asset Allocation (McGraw Hill, 2020) and the coauthor of Factor Investing and Asset Allocation (CFA Institute Research Foundation, 2016).Sébastien is also a member of the editorial boards of the Journal of Portfolio Management and the Financial Analysts Journal, and the Board of Directors of the Institute for Quantitative Research in Finance (Q Group). He regularly appears in the media, including Bloomberg TV and CNBC, and was recently named amongst the 15 Top Voices in Finance by LinkedIn.

Jeff Park is the Partner & Chief Investment Officer at ProCap BTC. In this conversation, we break down the latest FUD around Strategy and Tether — what's real, what's noise, and why these narratives keep coming back. Jeff also explains why crypto sentiment feels so beaten down, what's actually driving price action, and how to think about the current liquidity backdrop. We wrap with why QT is effectively over, QE is creeping back, and what that means for bitcoin going forward.======================As markets shift, headlines break, and interest rates swing, one thing stays true — opportunity is everywhere. At Arch Public, we help you do more than just buy and hold. Yes, our dynamic accumulation algorithms are built for long-term investors… but where we really shine? Our arbitrage algos — designed to farm volatility and turbocharge your core positions. The best part of Arch Public's products is they are free! Yes, you heard that right, try Arch Public for free! Take advantage of wild moves in assets like $SOL, $SUI, and $DOGE, and use them to stack more Bitcoin — completely hands-free. Arch Public is already a preferred partner with Coinbase, Kraken, Gemini, and Robinhood, and our team is here to help you build smarter in any market. Visit Arch Public today, at https://www.archpublic.com, your portfolio will thank you.======================BitcoinIRA: Buy, sell, and swap 80+ cryptocurrencies in your retirement account. Take 3 minutes to open your account & get connected to a team of IRA specialists that will guide you through every step of the process. Go to https://bitcoinira.com/pomp/ to earn up to $1,000 in rewards.======================Timestamps: 0:00 – Intro1:54 – Why crypto sentiment feels so bad right now7:21 – Bitcoin vs altcoins: supply, leverage & liquidations9:33 – Correlation, institutions & the 4-year cycle14:41 – How to evaluate Strategy right now & should they sell bitcoin?26:26 – What's really going on with Tether?32:33 – QT is over, QE is back & what that means moving forward