POPULARITY
2 episodes with Credit Suisse First Boston
4 episodes with Credit Suisse First Boston
2 episodes with Credit Suisse First Boston
2 episodes with Credit Suisse First Boston
2 episodes with Credit Suisse First Boston
2 episodes with Credit Suisse First Boston
2 episodes with Credit Suisse First Boston
2 episodes with Credit Suisse First Boston
6 episodes with Credit Suisse First Boston
Patricia Phillips is CEO and Chair of The PBA Group of Companies, a diversified real estate company headquartered in Calgary, Alberta celebrating its 60th anniversary in 2025. Since her appointment in 2005 - at a time when fewer than 1 in 50 Canadian CEOs were women - Patricia has led PBA's transformation from one of the city's leading landowners and property managers into one of the most innovative developers in Western Canada. Drawing on her international experience in finance and energy, Patricia has spearheaded PBA's creation of a distinctive ‘managed development' model attracting global hospitality and capital partners while transforming Calgary's hospitality market. As CEO she has presided over a period of robust growth in the face of a challenging market, a transformative expansion of the team, and the adoption of a new strategic direction that promises to take the company well beyond its roots. During her tenure with PBA Group, the team has been awarded several prestigious awards such as Fodor's - Best Hotel Travel Award, Autograph Collection Opening of the Year and a Michelin Key – one of the first awarded in Canada for The Dorian Hotel development, while leading over $2 Billion accretive transactions. In addition to chairing PBA, PBA Hotels and The Phillips Foundation (which she co-founded), Patricia currently sits on several private and non-profit boards, including Jostle, Headversity (which she chairs), WITHORG (Women In Tourism And Hospitality) and The Glenbow Museum. Before PBA, Patricia established a stellar 28-year track record in business that began on Wall Street. After competing at a national level in alpine racing and achieving an economics degree, Magnum Cum Laude, from Mount Holyoke College (one of the Ivy League's ‘Seven Sisters'), and an MBA from the McCombs School of Business at the University of Texas, Austin. She began her career as a trade policy advisor for the Tokyo Round of the General Agreement on Tariffs and Trade (GATT) in Geneva. This led to a coveted offer from Credit Suisse First Boston, where she became one of the first female Financial Analysts on Wall Street. Join Our Community of Canadian Entrepreneurs! Entrepreneurs are the driving force behind Canada's economy, and we're here to support them every step of the way. For exclusive insights, tips, and success stories from Canada's top business leaders, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn, and Twitter. Want to stay ahead with the latest #entrepreneur podcasts, business strategies, and news? Don't miss out—subscribe to our bi-weekly newsletter for updates delivered straight to your inbox! Join thousands of Canadian entrepreneurs who rely on us for the resources they need to succeed.
In today's episode, Kyle Grieve chats with Jason Donville and Jesse Gamble about their investing philosophy, their emphasis on focusing on growth and value, their evolution from using ROE-focused metrics to the rule of 40 to identify great investing opportunities, how to use the rule of 40 to add high performing businesses to a watchlist, how the market reacts to interest rates, AI impact on the business landscape, and much more! Jason Donville is an award-winning analyst with a distinguished career in Asia and Canada. He previously served as Head of Equity Research at Credit Lyonnais Securities Asia and Research Director at Credit Suisse First Boston, working in Singapore and Jakarta before joining Sprott Securities in Toronto. His research has traditionally focused on identifying high-ROE companies. Jason holds a BA from the Royal Military College of Canada and an MBA from Ivey Business School. Jesse Gamble has worked closely with Jason to manage the DKAM Capital Ideas Fund since 2011. Jesse received an MBA from the Ivey Business School at Western University and a B.Sc. degree from the Dyson School of Economics at Cornell University. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 02:42 - The hidden formula for finding cheap stocks. 07:53 - The secret to spotting a deteriorating moat. 10:45 - How elite investors stay focused in a bear market. 13:37 - The evolution of a winning investment strategy. 27:41 - The untapped goldmine in small-cap stocks. 31:39 - Why the market consistently misprices quality growth. 31:39 - The Rule of 40: your cheat code for finding long-term winners. 36:11 - A playbook for finding 10-bagger stocks. 56:47 - The AI revolution: where the real business impact is happening. 56:47 - Why there's more cash on the sidelines than ever. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Read DKAM's Investor Letters here. Listen to my first interview with Jason and Jesse here. Follow Kyle on Twitter and LinkedIn. Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, The Intrinsic Value Newsletter. Check out our We Study Billionaires Starter Packs. Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock SimpleMining Unchained Onramp Netsuite Found The Bitcoin Way Shopify Fintool Vanta PrizePicks Fundrise TurboTax HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Send us a textIn this inspiring episode of Gale Force Wins, co-founder Allan Dale reconnects with longtime friend and former Navy colleague Jason Donville in beautiful Toronto. Jason opens up about his extraordinary journey—from a challenging childhood in Western Canada to his time in the Navy, his transition into the business world, and his eventual success as a leader in finance and beyond.Discover how Jason's resilience, principled approach, and relentless work ethic helped him overcome adversity, excel in the corporate world, and explore his passion for art and storytelling. His reflections on leadership, risk-taking, and life's transitions are sure to inspire anyone looking to make meaningful changes in their life and career.Jason is the President and CEO of Donville Kent Asset Management Inc.Jason has had an illustrious career as an award-winning analyst in both Asia and Canada. Prior to founding DKAM, Jason was consistently ranked as one of the top financial services analysts in the country.He served as the Head of Equity Research at Credit Lyonnais Securities Asia and as Research Director at Credit Suisse First Boston in Singapore and Jakarta before joining Sprott Securities in Toronto as a Financial Services Analyst. His research has always been focused on finding the highest ROE companies in the market.Since founding DKAM in 2008, he has led the team to superior performance, having outperformed the market in 12 of the last 16 years.Jason has a BA from the Royal Military College of Canada, an MBA from the Ivey Business School at Western University, is a certified Portfolio Manager, and holds the ICD.D designation.
In this episode of the Investing in Integrity podcast, Ross Overline, CEO and co-founder of Scholars of Finance, speaks with John Shrewsberry, CFO at GoodLeap and Former CFO at Wells Fargo. The conversation explores the role of ethical leadership in fostering sustainable finance. John shares his career journey from Wall Street to Wells Fargo and now renewable energy fintech. He explores the balance between performance incentives and ethical standards, reflecting on lessons from the Wells Fargo sales crisis almost a decade ago and emphasizing the dangers of misaligned metrics. John advocates for integrity, transparency, and constructive feedback in leadership while highlighting the role of finance in driving innovation and prosperity. John and Ross also offer advice for young professionals and seasoned leaders on fostering a culture of accountability and growth. Meet John Shrewsberry John Shrewsberry is the Chief Financial Officer at GoodLeap, where he oversees critical functions such as financial planning, accounting, capital markets, investor relations, human resources, legal, and compliance. Previously, John served as CFO of Wells Fargo, managing the financial operations of the $2 trillion company, including treasury, tax management, and corporate development. During nearly two decades at Wells Fargo, he held leadership roles such as head of Wells Fargo Securities and the Wells Fargo Commercial Capital Group, which stemmed from a finance company he co-founded and sold to Wells Fargo in 2001. Before Wells Fargo, John worked in principal finance at Goldman Sachs and Credit Suisse First Boston, following his start as a CPA at Coopers & Lybrand. He earned a degree in economics from Claremont McKenna College and an MBA from Yale School of Management. John serves on the boards of Claremont McKenna, Yale's advisory committees, and the Yale University Endowment Investment Committee.
Care More Be Better: Social Impact, Sustainability + Regeneration Now
India's caste system may be deeply embedded in its culture, but it is hindering skilled and inspired young people from getting equal opportunities. Dr. Abraham George is on a mission to put an end to the cycle of poverty by making high-quality education easily accessible to the country's lowest socioeconomic class. Joining Corinna Bellizzi, he shares about founding The Shanti Bavon School in India, a boarding school committed to guiding children from their first day of school to their first day of work. Dr. Abraham also opens up on how they keep the institution up and running even without government support and how it has positively impacted around 15,000 people.About Guest:Dr. Abraham is a renowned philanthropist and social entrepreneur, best known for founding the Shanti Bhavan School in India. Growing up in India, Dr. Abraham saw social injustices at an early age, which he one day hoped to address. After a few years of service in the Indian Army, he moved to the US to study at NYU (Stern) and became a top finance executive and entrepreneur, leading companies like Credit Suisse First Boston and founding Multinational Computer Models, Inc. After 22 years away, he returned to India to fulfil his promise of empowerment and set up The George Foundation in 1995. The nonprofit supported ideas like Shanti Bhavan, Project Lead-Free, and Baldev Medical Center, and earned him the Spirit of India Award.Guest LinkedIn: https://www.linkedin.com/company/shanti-bhavan-children's-projectGuest Website: https://www.shantibhavanchildren.orgGuest Social: https://www.instagram.com/shanti_bhavanhttps://www.youtube.com/user/ShantiBhavanSchoolhttps://www.facebook.com/ShantiBhavanhttps://x.com/ShantiBhavanAdditional Resources Mentioned:Advancing African Excellence Through Education Investments with Dr. Lydiah Kemunto Bosire of 8B Education InvestmentsThese 4 college students from Shanti Bhavan School have an incredible story to tellJOIN OUR CIRCLE. BUILD A GREENER FUTURE:
Our guest for today's podcast is Bordon Lai, Managing Director at Beach Point Capital Management. Bordon joined Beach Point in 2021 to help build out the firm's private equity and special situation investing capabilities. Bordon has been in the industry for over 20 years and was previously at Quilvest Private Equity, a global multi-family office with $5B of AUM. Prior to Quilvest, Bordon worked at Pegasus Capital Advisors and Vision Capital, where he invested under a flexible mandate in opportunistic investments in the middle market. Bordon started out his career as an investment banking analyst at Wachovia Securities and Credit Suisse First Boston. Bordon earned his bachelor's degree from Georgetown University and MBA from The Wharton School of University of Pennsylvania. Joining me on the podcast as co-host is Agnes Tan, who recently graduated from Columbia Business School and will be co-hosting/hosting a handful of podcasts on behalf of AAAIM in the coming weeks. So what does it take to be a successful private equity investor? We asked Bordon and he was gracious enough to share good insights on how he differentiated himself. Without further ado, please enjoy our conversation with Bordon Lai.
On this Episode we are joined by Mike Dempsey. The word' resiliency' defines the journey of Mike Dempsey. Mike Dempsey was born and raised in Brooklyn, New York (Flatbush / Kensington) attending Midwood High School and graduating from the State University of New York at Albany where he played both football and baseball. An Arena Football League opportunity ended prematurely for Mike with the first of two ACL reconstructive surgeries and he later was forced to abandon his professional football hopes and dreams after a failed rehabilitation and comeback with Tampa Bay in the summer of 1995. After an aborted attempt with World Championship Wrestling's Power Plant training facility ended prematurely later that year, Mike then embarked on a brand new career direction in banking and risk management. While working for Credit Suisse First Boston in 5 World Trade Center, Mike was injured and hospitalized at NYU's Beekman Hospital on September 11th, 2001 while trying to escape the second Tower when the second plane hit the Tower directly over him at 9:03am. Shortly thereafter, Mike became immersed in philanthropy and advocating for September 11th families and survivors through the WTC United Family Group and the Coalition of 9/11 Families.On October 1st, 2017, Mike was in Las Vegas, Nevada for filming of an episode of the Animal Planet hit television show “Tanked” and was staying at the Mandalay Bay hotel during the Route 91 concert mass shooting and was outside the hotel when the shots were fired and ended up in lockdown during the chaos. Mike channeled his September 11th and Las Vegas experiences with PTSD, etc to help other victims and survivors' families cope with their ‘new normal.' Mike currently serves as NFL Alumni Carolinas Chapter player engagement coordinator serving causes such as Shriners Hospital, ALS, etc.Want to know more about who is Mike Dempsey... Check out his webpage at the link below https://themikedempsey.com/about-mike/The Injured List Podcast:>> YouTube Channel
In this inspiring episode of the Badass Women in Business Podcast, hosts Aggie and Cristy are thrilled to welcome Marla DiCarlo, an accomplished business and financial consultant with over three decades of accounting expertise and the co-owner of BizNavigators. Marla's storied career has seen her at the helm of Raincatcher as CEO and co-owner, earning accolades such as #1 Business Broker by Inc. Magazine, Best Workplace in 2020, and a spot at #376 on the Inc. 5000 List in 2021. Her leadership in the small business community is further cemented by her recognition among the Denver Business Journal's Top 50 Women-Owned Businesses.Born into a lineage of entrepreneurs, Marla's journey spans a multitude of business disciplines, including accounting, Fractional CFO services, M&A, finance, and management. Her voice is a beacon of guidance for small business associations like Inc., SCORE, SBDC, SBA, and more. Marla shares the invaluable lessons learned from her tenure as Director of Accounting for an M&A and investment group from 2000 to 2008, where she led new business deals, investments, and financing with notable groups such as Credit Suisse First Boston and Madison Dearborn Partners.The episode delves into Marla's transition from her role in mergers and acquisitions to founding a fractional CFO, accounting, and bookkeeping company in 2009, which she eventually sold to a private equity group in 2016. Marla's narrative is rich with insights into the power of decision-making, the importance of embracing risks, and the learning curves that shape a successful entrepreneurial journey.Listeners will benefit from Marla's profound advice on driving business value through financial performance, growth potential, and unique selling propositions. Her personal story of selling Raincatcher and founding BizNavigators illuminates the strategic planning necessary for a fulfilling and prosperous business exit and transition.This episode is a masterclass for entrepreneurs at any stage, offering wisdom on overcoming fear of mistakes, strategic financial planning, and the significance of understanding business financials for long-term success. Marla DiCarlo's journey from a family of entrepreneurs to becoming a venerated leader in the small business space is a compelling story of risk-taking, strategic foresight, and relentless passion for the world of business.Keep up with more content from Aggie and Cristy here: Facebook: Empowered Women Leaders Instagram: @badass_women_in_business LinkedIn: ProveHer - Badass Women in Business Twitter: @badass_leaders
Why do emotions mess up negotiations, and how can they actually be used to resolve conflict effectively? Discover the power of emotional intelligence in negotiation with Professor Steve Alban, professional negotiator, inspirational speaker, conflict resolution expert, entrepreneur and writer. Steve uncovers the secrets behind using emotions to your advantage in difficult conversations and negotiations. Tune in to this episode to discover: ✔️ The surprising ways in which your cognitive rational abilities decrease when you are highly emotional, and what you can do about it. ✔️ Effective strategies to release your anger and frustrations appropriately, paving the way for constructive discussions. ✔️ Preparation tips for facing emotional conflict or negotiation, setting you up for success before the conversation even begins. ✔️ How giving people the space to express their frustrations can lead to more productive problem-solving sessions. ✔️ Real-life stories from Steve Alban on leveraging emotions for positive outcomes in tough negotiations and conflicts. ✅ About Steve Alban Tineo: Steve Alban Tineo, CEO of Assertive Group, is a globally recognized leader, financier, entrepreneur, negotiator, & inspirational speaker with more than two decades of experience. With a background in investment banking including successful tenures at Credit Suisse First Boston, and HSBC, Steve is a financier able to structure intricate financial deals, resolve critical situations, and foster strong business development. In recent years, Steve has invested in and accompanied a dozen companies with a combined valuation of over USD $500 million. Operating on the international stage, Steve works both in the visible world and in an undercover capacity. He navigates high-stakes negotiations, resolves complex situations, and forms a cornerstone of negotiation and crisis management teams; also standing out in his capacity as a successful negotiator of commercial contracts. Recognised as one of Europe's most skilled negotiators and conflict resolution responders, he has conducted hundreds of negotiations with governments, businesses, organisations, and individuals worldwide. As a trusted advisor, he has provided counsel and negotiation expertise to an extensive network cultivated over many years, which includes prominent leaders in diplomacy, banking, finance, sports, and media. As an accomplished speaker, Steve captivates audiences with his unique charisma, delivering hundreds of inspirational talks that empower individuals with the tools and attitude needed for success and greatness. He holds various international certifications, including from Harvard, with a track record that speaks for itself. An experienced diver and qualified pilot, Steve is passionate about psychology, psychiatry and spirituality. Above all, he is committed to reducing violence and injustice, supporting children and the vulnerable through his Vison4Peace initiative. ✅ Connect with Steve Alban Tineo: Linkedin: https://www.linkedin.com/in/stevealbantineo/ Company: https://www.assertive.ch/ Book: Through the SELF: End your suffering - Escape from toxic relationships - Be at peace with yourself and others: https://www.amazon.com/Through-SELF-suffering-relationships-yourself-ebook/dp/B0BXSYSNXV Webinar: https://register.gotowebinar.com/recording/7764178698532680365 ✅ Request A Customized Workshop For Your Team And Company: http://assertiveway.com/workshops ✅ Follow Ivna Curi on LinkedIn: https://www.linkedin.com/in/ivna-curi-mba-67083b2/ ✅ Other Episodes You'll Like 10 Negotiation Tactics to Make You More Assertive And Have More Influence Exuding Confidence: The Secret Language of Nonverbal Communication Power Phrases To Speak Up With Impact (Part 2) Power Phrases To Speak Up With Impact (Part 1) 10 Conflict And Confrontation Myths Debunked Conflict with Courage, Curiosity & Compassion: Making a Difference in Your Life (With Dr. Debra Dupree) 5 Steps To Respond To Dismissive Comments ✅ Free Resources FREE Training & presentation on How To Be Assertive Without Being Rude, Aggressive, or Offensive: https://assertiveway.aweb.page/assertivenotrude Sign Up for Our Email Newsletter: https://assertiveway.com/newsletter/ From Rambling To Articulate PDF Guide: https://assertiveway.aweb.page/articulate Podcast episode lists by theme: https://assertiveway.aweb.page/speakyourmindunapologeticallytopics Women in Tech Leaders Podcast Interviews: https://assertiveway.com/womenintechpodcastguests/ Podcast Summaries & More Email Newsletter: https://assertiveway.com/newsletter Our Linkedin Blog Articles: https://www.linkedin.com/newsletters/6863880009879306240/ TEDx Talk How To Speak Up Safely When It's Psychologically Unsafe: https://assertiveway.aweb.page/safespeak 10 Day free Assertive And Liked Challenge: https://assertiveway.aweb.page/beassertiveandliked Assertiveness free training: https://assertiveway.aweb.page/getahead Other Free resources: https://assertiveway.com/free/ Podcast page: https://assertiveway.com/podcast-speak-your-mind-unapologetically/ ✅ Work With Us Workshops: http://assertiveway.com/workshops Break The Silence: https://assertiveway.com/communicationculturetransformation/ Services: https://assertiveway.com/offerings Contact me: info@assertiveway.com or ivnacuri@assertiveway.com Contact me on Linkedin: https://www.linkedin.com/in/ivna-curi-mba-67083b2 Website: https://assertiveway.com ✅ Support The Podcast Rate the podcast on apple: https://podcasts.apple.com/us/podcast/speak-your-mind-unapologetically-podcast/id1623647915 Ask me your question for the next episode: https://www.speakpipe.com/speakyourmindquestion
“What you need to do, I think, is constantly update your thesis as you go, which can allow for longer holding periods, because things do change. And at the same time, I go into investments with a multi-year horizon—but my thesis might be disproven fairly quickly.” – Dan Roller We explore investing in buy-and-build compounders in public markets. We're joined by Dan Roller, Founder and CIO of Maran Capital. Chapters (00:00:00) – Introduction (00:01:50) – MOI Global and Dan's start in the investment world (00:11:20) – The formation of Maran Capital (00:14:59) – Choosing your hunting ground and creating structural advantages (00:21:21) – Researching and choosing companies to invest in (00:28:27) – How building investment knowledge is like training for the Ironman (00:32:17) – Examples and basics of buy-and-build companies (00:41:04) – How buy-and-build can go wrong (00:51:40) – The value vs. growth debate (00:54:57) – Investing in SPACs (00:58:06) – Thesis drift and mental models (01:02:21) – Resources for learning about investing Explore the episode notes. Search and down a transcript and find links to related books, interviews, lectures, and more: outlieracademy.com/21. About Maran Capital Dan Roller is Founder and CIO of Maran Capital Management, a boutique, values-driven investment manager that I've been following intently for the last few years. I love the way that Dan sees the world, and I never miss reading one of his investor letters. In this episode, we go deep on how becoming a better investor is similar to training for an Ironman competition, why Dan focuses on what he calls buy and build companies and some of his favorite historic and recent examples there, his approach to investing in special situations and what defines a good or bad opportunity. I get his thoughts on SPACs and why he sees some interesting opportunities in the world today. Dan is a remarkable investor. Before he founded Maran Capital management in 2015, he worked as an analyst for over a decade at firms like Credit Suisse First Boston, Impala Asset Management, Avesta Capital Advisors, and Scopus Asset Management. Watch and listen. Watch this episode on YouTube Find this episode in your favorite podcast app Get new episodes delivered via email Brought to you by HVMN. With Ketone-IQ, fuel your best anytime with a boost of awesome-feeling energy and clarity. Unlock the power of nature's superfuel—no fasting or keto diet required. Advertise with Outliers and reach our global community Learn more about your ad choices. Visit megaphone.fm/adchoices
It's a huge treat to get the behind-the-scenes stories of the crucial transitions and incredible growth of some of the most iconic companies in the world. And that's why our guest today needed a two-part episode.Last week we shared the first half of my conversation with Ed Garden, Founder of Trian Fund Management and most recently, Garden Investments. Ed was Chief Investment Officer at Trian until May of 2023, and oversaw the company's portfolio management, idea generation, and due diligence activities. He presently serves as a senior advisor.Ed has extensive experience engaging with public company management teams and boards and currently serves on the board of General Electric. He previously served on the boards of Bank of New York Mellon, Family Dollar Stores, Invesco Janice Henderson Group, Pentair, The Wendy's Company and Triarc Companies earlier in his career. Ed worked at Credit Suisse First Boston as an investment banker and BT Alex Brown, where he was co-head of Equity Capital Markets. Ed has a BA in Economics from Harvard. In Part One of our interview, Ed told us how he broke into the investment world, and also shared Trian's origin story. In Part Two, we dive into Garden Investments, as well as Ed's work on various boards, including how he overcame some major challenges at General Electric. Highlights: Ed's approach to first investments (2:25) Reinventing businesses, and Ed's experience on boards, specifically General Electric (5:18) Lessons Ed learned from fellow board members (10:15) How Ed approaches executive compensation as a board member (14:12) Ed's input on the current market and macro environment (16:29) Garden Investments' outlook and mission (18:46) Investors that inspired and mentored Ed (21:30) Garden Investments' values (22:46) Links:Trian Fund Management on LinkedInTrian Fund Management WebsiteTSG on LinkedInTSG 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, marion@lowerstreet.co.
Today we're celebrating a big milestone for the show: It's our 100th episode of Welcome to the Arena and we're marking that huge achievement with a 2-part interview with an influential player in the investment world. Our guest today has had an incredible career and our conversation was packed with inspiring stories and insightful advice.We're sitting down for part one of our interview with Ed Garden, Founder and CEO of Garden Investments. Prior to starting Garden Investments, Ed founded Trian Fund Management in 2005 with Nelson Peltz and Peter May. He was Chief Investment Officer at Trian until May of 2023, and presently serves as a senior advisor.As Chief Investment Officer, Ed oversaw Trian's portfolio management, idea generation, and due diligence activities. He has extensive experience engaging with public company management teams and boards and currently serves on the board of General Electric. He previously served on the boards of Bank of New York Mellon, Family Dollar Stores, Invesco Janice Henderson Group, Pentair, The Wendy's Company and Triarc Companies earlier in his career. Ed worked at Credit Suisse First Boston as an investment banker and BT Alex Brown, where he was co-head of Equity Capital Markets. Ed has a BA in Economics from Harvard. Highlights: Ed's upbringing and the role of academia and education (3:17) Getting into the job market, and Ed's first position in investment banking (6:18) How Ed's work in banking influenced his path to starting an activist firm (10:20) Early challenges Ed and his team faced when founding Trian (12:30) The investment approach and strategy taken at Trian (16:05) What made Trian's investment approach unique (17:28) The relationship between capital allocation and capital governance in investing (22:36) What CEOs don't understand about their company's value in the stock market (23:53) How Ed "de-conglomerated" some companies (25:24) What makes investment partnerships difficult in activist investing (28:44) Links:Trian Fund Management on LinkedInTrian Fund Management WebsiteTSG on LinkedInTSG 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, marion@lowerstreet.co.
Mark Gorton founder, and creator of LimeWire. A peer-to-peer file-sharing client for the Java Platform. X: @MarkGortonNYC Americanvalues2024.org | markgorton.substack.com Chief executive of the Lime Group. Lime Group, based in New York, owns LimeWire as well as Lime Brokerage LLC (a stock brokerage), Tower Research Capital LLC (a hedge fund), and LimeMedical LLC (a medical software company). Mark has given $1 million to the anti-vaccine nonprofit organization called Children's Health Defense since 2021 as well as a Robert Kennedy Jr. Supporter. Gorton is involved in various green lifestyle issues, especially those having to do with transportation. At one point, Gorton was the single largest supporter of Transportation Alternatives, the New York City-based advocacy group for pedestrians, cyclists, and public transit. In 1999 he founded OpenPlans, a non-profit organization that developed GeoServer, a collaborative open-source project encouraging green urban planning initiatives. In 2009 Utne Reader named Gorton one of "50 visionaries who are changing your world". In 2005 Gorton backed The New York City Streets Renaissance Campaign (NYSCR). Two of the best-known projects of NYSCR are Streetsblog and Streetfilms. Gorton owns Tower Research Capital LLC, a financial services firm he started in 1998, which trades through its affiliate, Lime Brokerage LLC.(now Credit Suisse). Gorton holds a Bachelor's in Electrical Engineering from Yale University, a Master's in Electrical Engineering from Stanford University, and an MBA from Harvard University. He began his career as an electrical engineer for Martin Marietta (now part of Lockheed Martin), and, following his interests in business, entered the world of fixed-income trading at Credit Suisse First Boston prior to going out on his own and launching the Lime Group of companies. ➔Please check out our Sponsors: Try BlueChew FREE when you use our promo code MSCS at checkout--just pay $5 shipping. BlueChew.com, promo code MSCS to receive your first month FREE ➔ZBiotics: 15% off on your first order with code: MSCSMEDIA Go to https://sponsr.is/biotics_mscsmedia_0723 ➔MAGIC SPOON: https://www.magicspoon.com/MSCS to grab a variety pack and try it today! And be sure to use our promo code MSCS at checkout to save $5 off your order! ➔Hormone levels falling? Use MSCSMEDIA to get 25% off home test: https://trylgc.com/MSCSMEDIA ➔Manscaped: Get 20% Off and Free Shipping with the code MSCSMEDIA at https://Manscaped.com ➔Fiji: https://Fijiwater.com/mscs $5 off free shipping Unleash ➔Monster Energy: https://www.monsterenergy.com/us/mscsmscsmedia ➔Aura: See if any of your passwords have been compromised. Try 14 days for free: https://aura.com/MSCS Thank you to Aura Clips of all episodes released: https://www.instagram.com/mscsmedia | mscsmedia.com | https://www.reddit.com/r/mscsmedia ➔ Stay Connected With MSCS MEDIA on Spotify Exclusive: ALL ► https://spoti.fi/3zathAe ► All Links to MSCS MEDIA:https://allmylinks.com/mscsmedia Chapters & Transcript: @ https://www.mscsmedia.com
PODCAST BIOS WEBSITE: https://paulnewton.com.au INSTAGRAM: https://paulnewton.com.au About the Artist Australian artist, Paul Newton has works in the permanent collections of the Australian National Portrait Gallery (six works), Parliament House Canberra, Princeton, Johns Hopkins and Columbia Universities, the National Basketball Association, the Cleveland Clinic, The Temple Emanu-El New York, Credit Suisse First Boston, Morgan Stanley New York and numerous other collections worldwide. His portrait sitters have included Kylie Minogue, NBA Commissioner David Stern, White House Chief Economics Advisor Steve Friedman, writer Bryce Courtenay, radio broadcaster Alan Jones AO, Rugby legend David Campese, Governor General Sir William Deane AC KBE, former Prime Minister Bob Hawke, former Westpac CEO Gail Kelly and ABC Chairman Donald McDonald AC. Newton has been a finalist in the prestigious Archibald Prize competition on twelve occasions, with portraits of such notables as David Gonski AC, Frank Lowy AC, Maggie Tabberer, John Laws, Patrick Corrigan, Fred Street AM, Donald McDonald AC, Rupert Myer AO and Kate Fischer. His 2001 entry, a portrait of Sydney Olympic Games commentators Roy and HG, won The Peoples Choice Awards in Melbourne and Sydney as well as the Packers Prize. His portrait of arts benefactor Pat Corrigan, a finalist in the 2006 Archibald competition, was acquired for the Australian National Portrait Gallery's collection. Likewise his portraits of David Gonski and Frank Lowy form part of the permanent collection of the Australian National Portrait Gallery. Newton was a finalist in the American Society of Portrait Artists 2001 International Portrait Competition, at The Metropolitan Museum of Art, New York, and his portrait of David Campese won First Place in the 2002 Portrait Society of America International Portrait Competition, in Philadelphia. Newton won First Place in the same competition in Washington DC the following year. In 2010 Newton was commissioned to paint 32 pictures for the interior of the Domus Australia Chapel in Rome, Italy. Among the 32 works is a portrait of Australia's first canonised saint, St Mary of the Cross MacKillop, and a new depiction of Our Lady of the Southern Cross. An earlier painting of Our Lady of the Southern Cross was commissioned for World Youth Day and it hangs in St Marys Cathedral, Sydney, where it was blessed in 2008 by Pope Benedict XVI. _________________________________________________________________________ THANKS TO OUR SPONSORS: ROSEMARY BRUSHES https://www.rosemaryandco.com HEIN ATELIER https://heinatelier.com/ _________________________________________________________________________ PLEASE CONSIDER HELPING TO KEEP THIS PODCAST GOING BY BECOMING A MONTHLY PATRON. JUST CLICK THE LINK BELOW. https://patron.podbean.com/theundrapedartist _________________________________________________________________________ FOLLOW THE PODCAST ON INSTAGRAM, FACEBOOK AND YOUTUBE: https://www.instagram.com/THEUNDRAPEDARTIST/ https://www.facebook.com/people/The-Undraped-Artist-Podcast/100083157287362/ https://www.youtube.com/@theundrapedartist __________________________________________________________________________ FOLLOW THE HOST, JEFF HEIN: Jeffhein.com https://www.facebook.com/jeffrey.hein.16/ https://www.instagram.com/jeff_hein_art/ https://www.instagram.com/jeff_hein_studio/
PODCAST BIOS WEBSITE: https://paulnewton.com.au INSTAGRAM: https://paulnewton.com.au About the Artist Australian artist, Paul Newton has works in the permanent collections of the Australian National Portrait Gallery (six works), Parliament House Canberra, Princeton, Johns Hopkins and Columbia Universities, the National Basketball Association, the Cleveland Clinic, The Temple Emanu-El New York, Credit Suisse First Boston, Morgan Stanley New York and numerous other collections worldwide. His portrait sitters have included Kylie Minogue, NBA Commissioner David Stern, White House Chief Economics Advisor Steve Friedman, writer Bryce Courtenay, radio broadcaster Alan Jones AO, Rugby legend David Campese, Governor General Sir William Deane AC KBE, former Prime Minister Bob Hawke, former Westpac CEO Gail Kelly and ABC Chairman Donald McDonald AC. Newton has been a finalist in the prestigious Archibald Prize competition on twelve occasions, with portraits of such notables as David Gonski AC, Frank Lowy AC, Maggie Tabberer, John Laws, Patrick Corrigan, Fred Street AM, Donald McDonald AC, Rupert Myer AO and Kate Fischer. His 2001 entry, a portrait of Sydney Olympic Games commentators Roy and HG, won The Peoples Choice Awards in Melbourne and Sydney as well as the Packers Prize. His portrait of arts benefactor Pat Corrigan, a finalist in the 2006 Archibald competition, was acquired for the Australian National Portrait Gallery's collection. Likewise his portraits of David Gonski and Frank Lowy form part of the permanent collection of the Australian National Portrait Gallery. Newton was a finalist in the American Society of Portrait Artists 2001 International Portrait Competition, at The Metropolitan Museum of Art, New York, and his portrait of David Campese won First Place in the 2002 Portrait Society of America International Portrait Competition, in Philadelphia. Newton won First Place in the same competition in Washington DC the following year. In 2010 Newton was commissioned to paint 32 pictures for the interior of the Domus Australia Chapel in Rome, Italy. Among the 32 works is a portrait of Australia's first canonised saint, St Mary of the Cross MacKillop, and a new depiction of Our Lady of the Southern Cross. An earlier painting of Our Lady of the Southern Cross was commissioned for World Youth Day and it hangs in St Marys Cathedral, Sydney, where it was blessed in 2008 by Pope Benedict XVI. _________________________________________________________________________ THANKS TO OUR SPONSORS: ROSEMARY BRUSHES https://www.rosemaryandco.com HEIN ATELIER https://heinatelier.com/ _________________________________________________________________________ PLEASE CONSIDER HELPING TO KEEP THIS PODCAST GOING BY BECOMING A MONTHLY PATRON. JUST CLICK THE LINK BELOW. https://patron.podbean.com/theundrapedartist _________________________________________________________________________ FOLLOW THE PODCAST ON INSTAGRAM, FACEBOOK AND YOUTUBE: https://www.instagram.com/THEUNDRAPEDARTIST/ https://www.facebook.com/people/The-Undraped-Artist-Podcast/100083157287362/ https://www.youtube.com/@theundrapedartist __________________________________________________________________________ FOLLOW THE HOST, JEFF HEIN: Jeffhein.com https://www.facebook.com/jeffrey.hein.16/ https://www.instagram.com/jeff_hein_art/ https://www.instagram.com/jeff_hein_studio/
Please support the show so that I can continue to speak up by choosing one or all of the following options - Buy me a coffee If you want to make a one off donation. Join my Substack To access free and paid additional content. Support the show and have access to exclusive contents and perks. To sponsor the Doc Malik Podcast contact us at hello@docmalik.com About this interview: Mads Palsvig is a former investment banker from Credit Suisse First Boston, Barclays Bank and Morgan Stanley. He specialised in trading all fixed income products, focusing on Government Bonds and derivatives on those. He advised central banks and ministries of Finance on what they could do to finance their bond issuance at the lowest possible yield in order to save taxpayer money. The last ten years Mads has dedicated to studying, politics and activism. He started a political movement/party in June 2016 with the main objective to take back the privilege to issue the monetary base in Denmark to the people. He started the demonstrations against smart meters and the roll out of 5G in 2018. He has been one of the main organizers in the resistance against the corona lock downs and started the “pots and pans” demonstration against the Danish Law on Epidemic. Now Mads is working on economic tax reforms that will remove poverty and ensure everybody a life in dignity with economic security. The goal is to implement these ideas globally. In this conversation we talk about how he lost his job as an investment banker, why he formed a political party, why poverty doesn't have to exist, how money is formed, why income tax doesn't need to exist and how bankers steal wealth from people and countries. And of course so much more. Enjoy and as ever love to you all x Links - Websites Scandinavian Freedom NewsProsperity Party Twitter Mads Palsvig TelegramThe Peoples Party About Doc Malik: Orthopaedic surgeon Ahmad Malik is on a journey of discovery when it comes to health and wellness. Through honest conversations with captivating individuals, Ahmad explores an array of topics that profoundly impact our well-being and health. You can follow us on social media, we are on the following platforms: Twitter Ahmad | Twitter Podcast | Instagram Ahmad | Instagram Podcast
Brought to you by Eight Sleep's Pod Cover sleeping solution for dynamic cooling and heating, Secureframe automated security and privacy compliance platform, and AG1 all-in-one nutritional supplement. Welcome to another episode of The Tim Ferriss Show, where it is usually my job to deconstruct world-class performers to tease out the routines, habits, et cetera that you can apply to your own lives. This is a special episode and a turning of the tables. This time, legendary investor Bill Gurley interviews me, and the recording is from earlier this year at SXSW in Austin, TX. The conversation explores some of my lessons learned and favorite findings over the last two decades in areas like entrepreneurship, tech, and podcasting. I throw in some favorite books and other spice to keep things interesting.Bill Gurley (@bgurley) has spent more than 20 years as a general partner at Benchmark. Before entering the venture-capital business, Bill spent four years on Wall Street as a top-ranked research analyst, including three years at Credit Suisse First Boston. Over his venture career, he has worked with such companies as GrubHub, Nextdoor, OpenTable, Stitch Fix, Uber, and Zillow.For more takeaways from his incredible investing career, you can find my interview with Bill at tim.blog/billgurley. As a side note, my 2007 SXSW speech that I mention in the interview was what started it all, in many senses. It's what put my first book, The 4-Hour Workweek, on the radar of influential bloggers and bigger media outlets, ultimately landing it on The New York Times Best Sellers list, where it stayed, more or less, for the next seven years. It's been a wild ride. You can hear that 2007 presentation at tim.blog/sxsw.One last thing: Hugh Forrest, if you're listening, thank you again for giving me a shot way back in the day! Please enjoy! *This episode is brought to you by Secureframe! Secureframe's industry-leading compliance automation platform, paired with their in-house compliance experts and former auditors, helps you get audit-ready in weeks, not months, so you can close more deals faster. Secureframe simplifies and streamlines the process of getting and staying compliant to the most rigorous global privacy and security standards. They help thousands of businesses achieve compliance with security and privacy frameworks including SOC 2, ISO 27001, HIPAA, PCI, and GDPR. Schedule a demo today at Secureframe.com, and tell them during the demo that Tim Ferriss sent you to unlock 10% off for your first year.*This episode is also brought to you by AG1! I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG1 further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, you'll get their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit DrinkAG1.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and 5 free AG1 travel packs) with your first subscription purchase! That's up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*This episode is also brought to you by Eight Sleep! Eight Sleep's Pod Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.Go to EightSleep.com/Tim and save $250 on the Eight Sleep Pod Cover. Eight Sleep currently ships within the USA, Canada, the UK, select countries in the EU, and Australia.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Bloomberg Radio host Barry Ritholtz speaks with Thomas Wagner, co-chairman and co-founder of Knighthead Capital Management LLC, which has $10 billion in assets under management. He is a co-investor, with Tom Brady, in several sports assets, including a pickleball team, the English Football League's Birmingham City club and an endurance auto racing team. Before founding Knighthead Capital, Wagner was a managing director responsible for running the distressed and high-yield credit trading desks at Goldman Sachs & Co. Wagner began his career doing hedge fund accounting at Ernst & Young; prior to joining Goldman in 2000, he was a high-yield trader and special-situations desk analyst at Credit Suisse First Boston.See omnystudio.com/listener for privacy information.
Josh Benadiva converses with David Mercer, CEO of LMAX Group, about the evolution of fintech, and his journey in leading a foreign and crypto exchange. A seasoned leader in the derivatives industry, Mercer shares his insights on the essence of continuous product improvement, agility in business structures, and the innovative approaches in Bitcoin and crypto exchanges. Discover how LMAX Group, Europe's leading Multilateral Trading Facility for FX and crypto, is driving transformation in the industry. Mercer provides a sneak peek into the future of crypto beyond the crypto winter and the role LMAX Group will play in this landscape. David Mercer is the chief executive of LMAX Group. He has more than 20 years' experience in the derivatives industry and an extensive expertise in the leveraged FX business. Prior to joining LMAX Exchange, he held senior executive roles at IFX Markets and Saxo Bank (Synthesis Bank) in London, Geneva and Sydney. Mercer started his career at CSFP and Credit Suisse First Boston focusing on fixed income derivatives, primarily as the business manager in the emerging markets division.
Interested in commercial real estate, investment banking - or both? Check out my conversation with David Genovese, CEO of Baywater Properties. David's stellar career includes senior leadership roles with Credit Suisse First Boston and Bankers Trust Company. Learn about David's career path and the early pivot he had to make. Plus, David shares an overview of the commercial real estate landscape, what the main entry points are, what skills are needed, and how to set yourself up for success. Enjoy the listen!Hosted by Karen Elders of Launch Career StrategiesLAUNCH Career Strategies was founded by Karen Elders and Elyse Spalding. We help young professionals launch a successful career path with expert coaching services. Reach out today for an initial FREE coaching session.LinkedIn | Instagram | Facebook
Good Dirt: Conversations with Leaders in Real Estate & Beyond
Ben Butcher currently serves as Executive Chairman of the Board, following his 12-year tenure as Chief Executive Officer, President and Chairman of the Board of Directors since STAG's formation in July 2010. Prior to the formation of STAG Industrial, Mr. Butcher oversaw the founding and growth of its predecessor business, serving as CEO and a member of the Board of Managers of STAG Capital Partners, LLC, STAG Capital Partners III, LLC, and their affiliates from 2003 to 2011. From 1999 to 2003, Mr. Butcher was engaged as a Private Equity Investor in real estate and technology. From 1997 to 1998, Mr. Butcher served as a Director at Credit Suisse First Boston, where he sourced and executed transactions for the principal transactions group (real estate debt and equity). Prior to that, he served as a Director at Nomura Asset Capital from 1993 to 1997, where he focused on marketing and business development for its commercial mortgage-backed securities group. Mr. Butcher serves as a member of the board of trustees and a member of the audit committee and compensation committee of Elme Communities (formerly WashREIT), an owner of multi-family properties in the greater Washington, D.C. metropolitan area. Mr. Butcher holds a Bachelor of Arts degree from Bowdoin College and a Master of Business Administration degree from the Tuck School of Business at Dartmouth.Our conversation with Ben begins with his graduation from Bowdoin College and his path to the Tuck School of Business at Dartmouth College. Ben then talks us through his first role post-MBA in the paper business and his departure from that industry upon hearing about opportunities in the commercial real estate brokerage arena. Ben then took on a variety of entrepreneurial development pursuits, a crash course in the ‘blocking and tackling' of commercial real estate dealmaking. From there, Ben's interest in making the jump into real estate finance was piqued when a friend from Tuck recruited him using the overture: “it's playtime without adult supervision.” That kicked off Ben's colorful career with Nomura and Credit Suisse First Boston, in the go-go days of CMBS lending and charging hard with the era's most prolific lenders.Finally, we get to the formation of STAG Capital Partners upon Ben and his partners' recognition of an opportunity in the industrial market, and the fight through numerous headwinds to successfully complete the platform's IPO as STAG Industrial (NYSE: $STAG). STAG Industrial has grown significantly since its IPO to become a highly-regarded industrial REIT, owning and operating over 111.7 million square feet across 562 buildings in 41 states, with a 12/31/22 market cap of $8.4 billion.This was an unfiltered, high-voltage conversation and we appreciate Ben's candor in sharing his story with us!As Discussed: Bruce Springsteen's ‘Thunder Road' Tribute to Tim Russert (June 2008)https://www.youtube.com/watch?v=96ul2ivcmDQPlease rate, review and subscribe to Good Dirt and share with your friends! Mike Greeley Michael.greeley@nmrk.com https://www.linkedin.com/in/michaelgreeley1/ Tom Greeley Tom.greeley@nmrk.com https://www.linkedin.com/in/thomasgreeley/
In today's episode of Category Visionaries, we speak with Joshua Aaron, CEO of Aiden, a software packaging and deployment platform that's raised over $3 Million in funding, about how the power of automation is bringing exponential change to our modern high-tech economy, and where Aiden fits into this exciting future. By layering automation onto a people-focused approach to software development, Aiden delivers innovative solutions for mid-market clients across a whole range of countries. We also speak about some of the books and business leaders which have influenced Joshua's approach to business, his career in technology building innovative solutions for several major financial and business institutions, what makes Aiden's offering so attractive to their clients, and exactly why AI & Natural Language Processing is such an important part of their business model. Topics Discussed: Joshua's career in consulting, designing data centers and trading floors for companies like Credit Suisse First Boston. The role of automation in Aiden's business model, and how it is helping improve software delivery across the world How Aiden's paradigm-shifting approach to software development helped them stand out from the background market noise Proving ROI from existing customers as an effective education strategy for potential clients of automated services Why Aiden's future looks to even more automation, particularly in the area of software updates Favorite book: Scaling Up: How a Few Companies Make It...and Why the Rest Don't
THIS EPISODE OF GROWING OLDER LIVING YOUNGER focuses on why it is important to test and ensure that your life insurance policy will be there till you die, especially if your plan was to provide retirement income as well as death benefits for your beneficiaries. Today's Featured Expert is Michael J. Lockitch, CFA We discuss the importance of understanding the reliability of your life insurance policy for providing you the benefits you expect. This assumes even greater importance with the increase in average life expectancy, and if you follow your Growing Older Living Younger roadmap for healthy aging you may live younger longer. Episode Timeline0:11 What is retiring comfortably? 5:07 Michael's background in finance and life insurance. 7:58 Understanding the different types of life insurance policies.12:02 Misunderstood risks underlying these policies 16:50 Why do most illustrations not demonstrate the risks18:50 What is the probability of success of a policy?23:46 What happens if the policy lapses?28:07 What are the possible risks that could occur in the future? Speaker Bio:Michael has over 25 years in the financial services industry and is a CFA charter holder since 2005. Over his 12 years on Wall Street beginning at Salomon Brothers and ending as a senior vice-president at Credit Suisse First Boston, he advised Fortune 500 clients on mergers & acquisitions, capital raising and issuance, structured finance, and bankruptcy and restructuring. As co-founder and lead technical manager for OCE Interactive, Michael developed an online equity valuation and analytics software website. Currently, as a fee only financial consultant and financial technology developer, Michael has a commercially available on-line toolset for testing life insurance policy illustrations, called Life Insurance Sustainability Analytics - LISA. Learn more about Michael Lockitch and the Life Insurance Sustainability Analytics - LISA at the links below. https://lifeinsuranceanalytics.com https://www.linkedin.com/in/michaellockitch/ https://www.linkedin.com/in/michaellockitch/ https://www.youtube.com/channel/UCLgWqwWo16v0lbQyp5gzE2w To discover how to Reset Your Aging Blueprint or build your wellness, beauty and healthy aging business, schedule a free Discovery Call with me.To get your copy of Growing Older Living Younger: The Science of Aging Gracefully and The Art of Retiring Comfortably click here
Investors, advisers and lenders are looking for answers to crucial questions about the real estate capital markets. Interest rate hikes, together with conflicting economic signals, are stalling activity in the market. In this episode of Investment Matters, Crescit Capital Strategies Founder & Managing Partner Joe Iacono offers perspective on what's ahead at this challenging time. Iacono brings the perspective of a real estate career that started when he was a teenager. He bought his first property when he was still in high school, and went on earn degrees from Rollins College and Columbia University, where he earned his master's in real estate. Over the course of his 30-year career, Iacono has held hold senior positions at a series of blue-chip companies, with special expertise in securitization. As a managing director at JP Morgan Chase, he directed the nationwide CMBS origination and securitization team. He developed the CMBS conduit lending platform at PaineWebber, helped to create one of the industry's first securitization programs at Daiwa Securities America and was a co-founder of the commercial real estate business at Credit Suisse First Boston. Highlights of this episode include: · Learning the ropes of CRE finance (1:35) · Capital flows and securitization amid volatility (4:00) · Debt and deal dynamics (8:50) · Making sense of cap rates (14:22) · CMBS, CLO outlook (16:55) · Career turning points (20:16) · Lessons of the Great Financial Crisis (23:08) · Investing opportunistically (26:18) · The bid-ask gap (28:55) · Off the clock: a man of many interests (33:24) · How will the market adjust to volatility? (35:31)
Brought to you by Protekt's REST sleep supplement, Athletic Greens's AG1 all-in-one nutritional supplement, and Shopify global commerce platform providing tools to start, grow, market, and manage a retail business. Bill Gurley (@bgurley) has spent more than 20 years as a general partner at Benchmark. Before entering the venture capital business, Bill spent four years on Wall Street as a top-ranked research analyst, including three years at Credit Suisse First Boston.Bill also maintains a blog on the evolution and economics of high technology businesses called Above the Crowd.Over his venture career, he has worked with such companies as GrubHub, Nextdoor, OpenTable, Stitch Fix, Uber, and Zillow. Bill has a BS in computer science from the University of Florida and an MBA from the University of Texas. He is also a chartered financial analyst. Bill is a board trustee at the Santa Fe Institute, a research and education center focused on the study and understanding of complex adaptive systems.Please enjoy!*This episode is brought to you by Shopify! Shopify is one of my favorite platforms and one of my favorite companies. Shopify is designed for anyone to sell anywhere, giving entrepreneurs the resources once reserved for big business. In no time flat, you can have a great-looking online store that brings your ideas to life, and you can have the tools to manage your day-to-day and drive sales. No coding or design experience required.Go to shopify.com/tim to sign up for a one dollar per month trial period. It's a great deal for a great service, so I encourage you to check it out. Take your business to the next level today by visiting shopify.com/tim.*This episode is also brought to you by Protekt's REST supplement! Protekt's REST is a new take on getting deeper, more restorative sleep. Protekt's REST supplement helps provide consistent, restful sleep without any habit-forming ingredients or groggy side effects. Simply add it to your last glass of water before bed, and it goes to work.REST has no added sugars, artificial sweeteners, or artificial ingredients. Protekt is veteran-owned, and they make all of their products right here in the USA. Protekt is offering you 30% off both flavors of their REST formula! Visit Protekt.com/Tim to claim this special offer today and use code TIM at checkout.*This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That's up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We explore investing in buy-and-build compounders in public markets. We're joined by Dan Roller, Founder and CIO of Maran Capital. We cover how building investment knowledge is like training for the Ironman, the value vs. growth debate, and investing in SPACs. “What you need to do, I think, is constantly update your thesis as you go, which can allow for longer holding periods, because things do change. And at the same time, I go into investments with a multi-year horizon—but my thesis might be disproven fairly quickly.” – Dan Roller EPISODE GUIDE (LINKS, QUOTES, NOTES, AND BOOKS MENTIONED) https://www.danielscrivner.com/notes/dan-roller-outliers-show-notes FULL TEXT TRANSCRIPT https://www.danielscrivner.com/notes/dan-roller-outliers-transcript CHAPTERS This episode is our definitive guide to investing in buy-and-build compounders in public markets. In it we cover: (00:00:00) – Introduction (00:01:50) – MOI Global and Dan's start in the investment world (00:11:20) – The formation of Maran Capital (00:14:59) – Choosing your hunting ground and creating structural advantages (00:21:21) – Researching and choosing companies to invest in (00:28:27) – How building investment knowledge is like training for the Ironman (00:32:17) – Examples and basics of buy-and-build companies (00:41:04) – How buy-and-build can go wrong (00:51:40) – The value vs. growth debate (00:54:57) – Investing in SPACs (00:58:06) – Thesis drift and mental models (01:02:21) – Resources for learning about investing ABOUT MARAN CAPITAL Dan Roller is Founder and CIO of Maran Capital Management, a boutique, values-driven investment manager that I've been following intently for the last few years. I love the way that Dan sees the world, and I never miss reading one of his investor letters. In this episode, we go deep on how becoming a better investor is similar to training for an Ironman competition, why Dan focuses on what he calls buy and build companies and some of his favorite historic and recent examples there, his approach to investing in special situations and what defines a good or bad opportunity. I get his thoughts on SPACs and why he sees some interesting opportunities in the world today. Dan is a remarkable investor. Before he founded Maran Capital management in 2015, he worked as an analyst for over a decade at firms like Credit Suisse First Boston, Impala Asset Management, Avesta Capital Advisors, and Scopus Asset Management.
In a rapidly changing financial environment, learn about KBRA's approach to ESG in the credit rating process and how it is keeping pace as issues evolve. Patrick Welch is Chief ESG & Ratings Policy Officer at Kroll Bond Rating Agency (KBRA), responsible for leading all aspects of KBRA's commitment as an ESG-focused firm, delivering to investors the highest quality credit analysis and research. Prior to this role, Pat served as KBRA's chief credit officer for five years. Previously, Pat worked for 19 years at Goldman Sachs, where he served as a vice president within the Credit Risk Management and Advisory Department, and as deputy chief credit officer at Goldman Sachs Bank USA. Previously to Goldman Sachs, Pat spent seven years in the Structured Finance Group at Standard & Poor's (now S&P Global Ratings), where he rated numerous asset classes. He began his career as an analyst at Security Pacific National Bank. Pat holds both a B.S. and MBA from Cornell University. Van Hesser is a Senior Managing Director and Chief Strategist at KBRA, where he is responsible for commenting on market and economic developments and their impact on credit markets. Previously, he led the company's Financial Institutions and Corporates credit rating groups. Van has been named to Institutional Investor Magazine's All-America Fixed Income Research Team rankings 10 times across three categories. Prior to joining KBRA, Van was a managing director in the Financial Institutions Group at Wells Fargo Principal Investments. Previously, he worked at HSBC Securities for 10 years, serving as managing director and global head of Credit Research and head of U.S. Fixed Income Research. Van also held senior sell-side corporate bond research roles covering financial institutions at Credit Suisse First Boston and Goldman Sachs, as well as a corporate finance position in Salomon Brothers' Financial Institutions Group. He started his career as a bank examiner at the Federal Reserve Bank of New York. Van earned a B.S., cum laude, from Fordham University and an MBA from Yale University. Sponsor – KBRA Website: https://www.kbra.com/ LinkedIn: https://www.linkedin.com/company/kroll-bond-rating-agency-llc/
After 8 years working in the private financial sector as a financial analyst for companies such as JPMorgan and Credit Suisse First Boston, Nicole is now the CEO & Co-Founder of a New York based craft sorbet company, Sorbabes Gourmet Sorbet. Sorbabes is the fist to market a craft sorbet with gourmet toppings mixed in and also first to market rich whole-nut based sorbets with texture to rival the finest artisanal ice creams. Sorbabes is on a mission to reinvent treats for today's modern consumer with a healthy insight. Rooted in sorbet, Sorbabes endeavors to lay a path primed for growth beyond the frozen dessert category. Nicole founded the Gourmet Sorbet Corporation with Executive Chef, Deborah Gorman, in 2012 and officially launched the Sorbabes brand in May 2013. Upon the initial launch, Sorbabes was sold wholesale exclusively to specialty retailers in the Hamptons region of Long Island, NY. --- Support this podcast: https://anchor.fm/genius-juice/support
Mads Palsvig (DK), MSc Law & BSc Finance Mads Palsvig is de partijleider van JFK21 (Earth freedom and knowledge), wiens speerpunt het is om de banken te hervormen, waardoor de waarde van geldcreatie ten goede komt aan de bevolking in plaats van vooral ten goede komen aan de multinationals en vastgoedinvesteerders. Mads Palsvig heeft een achtergrond in het investeringswezen, waar hij heeft gewerkt bij Credit Suisse First Boston en later bij Barclays en Morgan Stanley. Na in 2002 interessante boeken van Harrods tegen te zijn gekomen, begon een reis van verlichting welke het steeds moeilijker maakte nog in het financiële systeem te werken. Voor Mads bleek de bankenwereld steeds meer een door en door immorele constructie wiens uitoefening van macht complete landen heeft vernietigd. --- Deze video is geproduceerd door Café Weltschmerz. Café Weltschmerz gelooft in de kracht van het gesprek en zendt interviews uit over actuele maatschappelijke thema's. Wij bieden een hoogwaardig alternatief voor de mainstream media. Café Weltschmerz is onafhankelijk en niet verbonden aan politieke, religieuze of commerciële partijen. Waardeer je onze video's? Help ons in de strijd naar een eerlijker Nederland, vrij van censuur en Steun Café Weltschmerz en word Stamgast! https://cafeweltschmerz.nl/register/ Wil je onze nieuwsbrief ontvangen in je mailbox? https://cafeweltschmerz.nl/nieuwsbrief/ Wil je op de hoogte worden gebracht van onze nieuwe video's? Klik hierboven dan op Abonneren!
Nesse episódio de Bilhões no Divã, Luciana Seabra recebe Rodrigo Azevedo, sócio e co-CIO da Ibiuna. Talvez você nem saiba o que ela é e como funciona, mas o fato é que a política monetária do Brasil e do mundo têm afetado muito a sua vida – dos preços que você paga no supermercado, ao crescimento da sua empresa e até seu emprego. Neste episódio do Bilhões no Divã, o ex-diretor de política monetária do Banco Central, hoje CIO da gestora de multimercados Ibiuna, Rodrigo Azevedo, explica com uma didática ímpar o que aconteceu até aqui e o que vem pela frente. A Ibiuna, uma gestora especialista em política monetária, tem nadado de braçada nesse universo em que interpretar o movimento dos juros é tão importante. O Ibiuna Hedge STH, fundo da gestora aprovado na análise da Spiti, rende 63% nos últimos três anos, contra 16% do CDI. E reabre para captação em julho. Além da Ibiuna e do BC, Rodrigo é Ph.D em Economia e foi sócio da JGP, economista-chefe do Credit Suisse First Boston no Brasil e economista no Garantia. Aproveite o episódio!
This episode will have you on the edge of your seat, thanks to Ryan's perspective on manager selection, our industry's progress with diversity, and how he chooses to enjoy the journey of life. Ryan is currently a Founding Managing Partner and CIO at Carbonado Partners, a leading placement agent with a differentiated approach to fundraising for emerging managers. Prior to his current position, Ryan was a Founder and Managing Partner at Pacenote Capital, Head of Investments at Children's Health System of Texas, and Investment Officer, Interim CIO at the Meadows Foundation. He started his career as an Equity Research Analyst on Wall Street with Smith Barney, BT Alex Brown, and Credit Suisse First Boston, before establishing his own trading company located on the 83rd floor of World Trade Center One. After surviving 9/11, he relocated to Dallas. Ryan graduated from Yale University, with a Bachelor of Arts degree in Economics. He earned the CFA designation, Financial Risk Manager, Chartered Alternative Investment Analyst, and Chartered Market Technician. Thus, he has a lot of letters after his name. He has been honored many times for his work and leadership, including the Portfolio Construction Award and Healthcare System of the Year award, both by Institutional Investor. Ryan currently serves as a director on the board of Blue Dolphin Energy, Board Member for the Texas Alternative Investment Association, Bridgeway Capital Management, STREAM Foundation, Portfolios with Purpose, Dallas CFA Society, and is an Angel for the Texas Wall Street Women. In addition, Ryan is a Strategic Advisor for Investment Office Resources and serves on the Investment Committee for Texas Employee Retirement System, American Heart Association, Dallas Police and Fire, and Parkland Hospital. Disclaimer: All podcast discussions represent only the views and opinions of the host and guests. This podcast in no way constitutes investment advice and is not an offer to buy or sell any products or services.
Today, I am so excited to introduce you to Marla DiCarlo, Co-Owner and CEO of Raincatcher, which helps business owners buy and sell incredible companies. She shared some amazing insights on what it takes to get sellers to want your business and what practices to integrate into your business from day one! In this episode: How to integrate thinking about your business's exit from inception so you can maximize your impact Marla's journey from social worker to CEO of Raincatcher Why it's important for you to integrate an exit strategy into even the beginning stages of starting a business Marla's 8 Value Drivers that your potential buyers are going to be looking at The power of process flowcharts and how to use them in your business What the Switzerland structure is, what customer/employee/revenue concentration are and why they're important Why growth potential and differentiation are crucial when you want to grow and sell your business Marla's best advice for you to consider for the long-term well-being of your coaching or consulting business Why creating an impact is near to Marla's heart and how Raincatcher contributes to the small business community and how she can support you Marla DiCarlo is an accomplished CFO and business consultant with more than 30 years of professional accounting experience. As co-owner and CEO of Raincatcher, helps business owners get their business ready to sell so they find the best buyer and get paid the maximum value for their business. Marla has a Bachelor of Science in Accounting and is a member of several professional organizations. From 2000 to 2008, Marla worked as Director of Accounting for an M&A and Investment group that specialized in the purchase, capitalization, and management of real estate and businesses in various industries. While there, she was responsible for new business deals, investments, and financing. She worked with groups such as Credit Suisse First Boston, ISS Group, Venture West Group, and Madison Dearborn Partners. In 2009, she opened Kaizen Business Results, a fractional CFO, accounting, and bookkeeping firm, to help small business owners understand the story behind their numbers and get to the next level. Marla is an accomplished speaker and has taught classes with her local SBDC and SBA, plus various lenders, and banking institutions. As a serial entrepreneur and small business owner, Marla has helped over 500 small business owners to grow and scale their business. "From day one, you can start to work on reducing owner dependency for the future by documenting processes and putting systems in place." — Marla DiCarlo To learn more about Marla and her work, check out her website. You can also connect with her on Facebook, Instagram, LinkedIn, and Twitter. Let's meet Marla DiCarlo. Marla DiCarlo Show Notes
Join us for a discussion with Richard Luftig about growth equity and its position in the private equity and investment world. We discuss raising equity capital, how growth equity is used and varies from other financing options, and how recent regulatory changes are impacting financing. Listen in as Richard brings over 25 years of experience in private equity and investment banking to our conversation. Richard worked with Credit Suisse First Boston, Ivy Asset Management Corp, and Bear, Stearns & Co. before co-founding Castle Placement, providing investment banking and private equity services for a wide range of companies. View the complete show notes for this episode. Learn More: What's a ‘Main Street' vs. a middle-market company? M&A Basics | Why Do Business Owners Sell Their Business Crossroads: Deciding to Sell Your Business vs. Doubling Down Should I sell my business? EBITDA | Definition, Formula & Example – A Complete Guide Additional Resources: Download a free copy of The Complete Guide to Selling a Business Are you selling a business? Schedule a free consultation now.
Former Investment Banker and Activist, Mads Palsvig, rejoins the program to discuss the globalist cabal's end game. What they ultimately want to achieve and how we must fight back. He is a realist and understands how serious the issue is, yet an optimist, that believes the people of the world can prevail. Learn more about Mads Palsvig and his new party at www.jfk21.dk Solutions to keep from getting sick and to reverse mRNA damage - Dr. Joe Nieusma (New solutions for reversing mRNA damage has been added - including Quantum Energy and Frequency) Protect yourself from an antibiotic shortage - Buy Silver Excelsior Serum (natures most powerful antibiotic) which is 800x stronger and 200x more bioavailable. Ebener members now save 15%! Learn more and buy @ SarahWestall.com/shop/ MUSIC CREDITS: Motivation Underscore by Media Music Group & "Do You Trust Me" by Michael Vignola, licensed for broad internet media use, including video and audio See on Bastyon | Bitchute | Odysee | Rumble | Freedom.Social | SarahWestall.TV Mads Palsvig Biography Mads Palsvig former investment banker at Credit Suisse First Boston and Morgan Stanley. He started the Danish political party JFK21 with the key issue being money creation should benefit everybody. Now vehemently fighting against the lock down and infringement on human rights and the constitution. More... Mads is a talented and dedicated fixed income, foreign exchange and derivatives trader offering over 28 years of experience coupled with a fluent understanding of corporate financial markets and demonstrated track record of handling risk managing complex portfolios of trades. Excellent business acumen focused on delivering high risk-adjusted returns. Best performance to date has been a 1-year return of $93M due to a combination of 3 trading strategies contributing with non-correlated trades; maximum drawdown that year from an intra-year profit and loss peak was only $7M. Adept at assessing organizational goals, developing trading style and implementing distinct strategies to ensure an optimal generation of revenue. Good decision-maker, skilled in inspiring co-workers and building strong working relationships with various colleagues in individual and team settings. Skilled communicator, fluent in English, Danish and Swedish with basic knowledge of German, French, and Russian. Proficient in deftly explaining complex technical terms to a wide range of clientele. Possessing a comprehensive understanding of industry norms and regulations.
Former Investment Banker and Activist, Mads Palsvig, rejoins the program to discuss the globalist cabal's end game. What they ultimately want to achieve and how we must fight back. He is a realist and understands how serious the issue is, yet an optimist, that believes the people of the world can prevail. Learn more about Mads Palsvig and his new party at www.jfk21.dk Solutions to keep from getting sick and to reverse mRNA damage - Dr. Joe Nieusma (New solutions for reversing mRNA damage has been added - including Quantum Energy and Frequency) C60Complete Black Seed Oil & Curcumin Gel Capsules - Build up Your Immunities & Protect Yourself! Protect yourself from an antibiotic shortage - Buy Silver Excelsior Serum (natures most powerful antibiotic) which is 800x stronger and 200x more bioavailable. Ebener members now save 15%! Learn more and buy @ SarahWestall.com/shop/ MUSIC CREDITS: Motivation Underscore by Media Music Group & "Do You Trust Me" by Michael Vignola, licensed for broad internet media use, including video and audio See on Bastyon | Bitchute | Odysee | Rumble | Freedom.Social | SarahWestall.TV Mads Palsvig Biography Mads Palsvig former investment banker at Credit Suisse First Boston and Morgan Stanley. He started the Danish political party JFK21 with the key issue being money creation should benefit everybody. Now vehemently fighting against the lock down and infringement on human rights and the constitution. More... Mads is a talented and dedicated fixed income, foreign exchange and derivatives trader offering over 28 years of experience coupled with a fluent understanding of corporate financial markets and demonstrated track record of handling risk managing complex portfolios of trades. Excellent business acumen focused on delivering high risk-adjusted returns. Best performance to date has been a 1-year return of $93M due to a combination of 3 trading strategies contributing with non-correlated trades; maximum drawdown that year from an intra-year profit and loss peak was only $7M. Adept at assessing organizational goals, developing trading style and implementing distinct strategies to ensure an optimal generation of revenue. Good decision-maker, skilled in inspiring co-workers and building strong working relationships with various colleagues in individual and team settings. Skilled communicator, fluent in English, Danish and Swedish with basic knowledge of German, French, and Russian. Proficient in deftly explaining complex technical terms to a wide range of clientele. Possessing a comprehensive understanding of industry norms and regulations. See more information on great products, including the C60 BlackSeed Oil Gel Caps, Telomere Lengthening, Zeolite Detox, and much more @ http://SarahWestall.com/Shop
Japan's Top Business Interviews Podcast By Dale Carnegie Training Tokyo, Japan
After graduating with a Bachelor's Degree in Law from the University of Tokyo, Yasunori Takeuchi began his career in the financial sector by working for 12 years with the Long-Term Credit Bank of Japan. This was followed by positions with Commerzbank, The Royal Bank of Scotland, ABN Amro Bank NV, WestLB Tokyo and Credit Suisse First Boston. Mr. Yasunori joined Standard Charted Bank Japan in 2012 as the Managing Director, Head of Corporate & Institutional Clients and Co-Head of Wholesale Banking, before becoming the current advisor/former CEO of Standard Chartered Bank Japan in 2015. When reflecting on his career Mr. Yasunori describes his role as a team leader in Japan for European banks partly being that of a translator or interpreter. He explains how many European banks, like the country they originate from, have a very direct culture. This does not always align with the Japanese culture of arriving at decisions through consensus building via official and unofficial methods. Mr. Yasunori states one of his leadership roles was to try and act as a cultural translator between these two conflicting styles. Soon after becoming the CEO of Standard Chartered Japan, Mr. Yasunori led the company to create a country vision document. At first, they tried doing it amongst the leadership but quickly realised that wouldn't work and it needed input from across the organisation. Mr. Yasunori explains how, apart from giving some opening comments and instructions, he deliberately excused himself from the process so that junior staff would feel more comfortable sharing their ideas in an open discussion. The result was a productive and interactive process. In his career in leadership, Mr. Yasunori has tried to develop positive corporate culture by breaking down the divisions within organisations, or silos, and increase interdepartmental interaction. He believes this can be achieved through unofficial means such as Diversity & Inclusion events. Events like International Women's Day, Mental Health Day, and a charity run that Standard Chartered has been hosting for 10 years that encourage staff participation are all opportunities for staff to engage within various departments. To foreign executives coming to work in Japan, Mr. Yasunori advises that while their core leadership style does not need to change, they need to understand how Japanese may respond. Are you getting silence in return? What will you do next? He also advises patience and the ability to create an atmosphere where Japanese feel comfortable to talk. On the topic of Japanese language skills, Mr. Yasunori does not believe they are of vital importance for a foreign businessperson - a useful tool but you can certainly get by without it.
Target Market Insights: Multifamily Real Estate Marketing Tips
Herve Francois held positions as a Financial Analyst and Institutional Salesperson at Citigroup, Credit Suisse First Boston, and several other firms over a 23-year career on Wall Street. Since becoming a real estate investor in 2018, Herve has personally participated in over 15 real estate transactions totaling over $3M. In addition, Herve is a Limited Partner in three multifamily syndications totaling over $75M and is a General Partner in DeRosa Capital 11. Let's dive in to learn more about Herve's journey from a a financial analyst to real estate investor, how to get started and build a strong portfolio. Announcement: Download Our Sample Deal and Join Our Mailing List [00:01 – 09:53] Opening Segment Herve talks about his background. He talks about his experience on Wall Street. How Herve eased into real estate from his Wall Street career. [09:53 – 17:10] How to Get Started with Real Estate Investing Herve gets more in detail on why he left Wall Street and decided to pursue real estate investing. The huge differences in incorporating real estate investments in your investment portfolio. The easiest opportunities for someone to get started in real estate investing. Herve talks about how you can get started if you have the capital. The importance of taking risks in a measured and educated fashion. What you should do to start out if you don't have capital. The importance of nurturing your relationships and partnering up with like-minded people. [17:10 – 33:23] Building an Investment Portfolio Why you shouldn't throw money into investments without having a game plan. Herve's real estate investing show “Market Hunter Thursday with Herve” He talks about the markets they have been focusing on lately with the DeRosa Group. How to evolve your search criteria among so much competition in the market. Why you should prefer secondary markets. How to make deals come to you. What you should do to get a deal if you don't have a portfolio. [33:23 – 43:33] Round of Insights Apparent Failure: Not getting into the graduate school that he wanted to get into. Digital Resource: Scanner Mini Most Recommended Book: Rich Dad Poor Dad Daily Habit: Biggie, Tupac, and Prayer #1 Insight for Multifamily Investing You can't quit. You've got to plow through. Best Place to Grab a Bite in New Jersey Scotch Bonnet Kitchen Contact Herve: To get deep insights on what markets to invest in watch Herve's show “Market Hunter Thursday with Herve” on Youtube or LinkedIn. Tweetable Quotes: “You can't quit. You've got to plow through.” - Herve Francois “Surround yourself with good people that are supporting you in your goals and where you want to go.” - Herve Francois Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.
Jeśli podoba Ci się ten wywiad, to polub go proszę!Mam także dla Ciebie kilka informacji organizacyjnych, z których być może skorzystasz:1) Zapraszam Cię do dołączenia do naszej grupy na Facebooku Kariera Marzeń – następny wywiad może być z Tobą! (link do dołączenia do Grupy - https://www.facebook.com/groups/karieramarzen )2) Ten wywiad możesz także obejrzeć w formie video live na kanale YouTube https://youtu.be/udepE_y3raU3) Jeśli chcesz poznać moją książkę „Zbuduj karierę swoich marzeń” to zapraszam na stronę www.kariera.marzen.aimhigh.pl4) Zachęcam do odwiedzenia mojego bloga o rozwoju osobistym www.justbeyourmentor.com5) Jeśli szukasz mentora lub coacha – możesz umówić się bezpłatnie na sesję diagnostyczną, na której dowiesz się czy coaching lub mentoring to jest to czego szukasz i potrzebujesz https://justbeyourmentor.com/coaching-i-mentoring/6) Szukasz ciekawych kursów online lub ebooków – odwiedź sklep www.aimhigh.pl/sklep lub platformę szkoleniową https://szkolenia.aimhigh.plPiąty odcinek z serii "Kariera Marzeń - Loża Ekspertów" z wyjątkową kobietą Joanną Kępczyńską (https://www.linkedin.com/in/joanna-kę...). Będziemy rozmawiać między innymi o tym jak wygląda kariera w międzynarodowym korpo, jakie kompetencje cenią sobie pracodawcy w takich firmach, jakie rady dla rozpoczynających swoją karierę osób ma Kobieta Sukcesu - Joanna. Kim jest Joanna? od 1 września 2016 roku Członek Zarządu innogy Polska S.A. ds. Finansowych (za chwilę E.ON Polska) odpowiedzialna za Finanse. Swoją karierę zawodową zaczynała na rynku finansowym, od stanowiska specjalisty ds. rynku terminowego (Warszawska Giełda Towarowa). Następnie piastowała stanowisko maklera papierów wartościowych (Wood and Company, Credit Suisse First Boston) oraz menedżera projektów strategicznych (DM BZWBK). W Grupie innogy pracuje od 2004 roku. Zajmowała szereg stanowisk menedżerskich w obszarach: Finanse, Zakupy Energii, Kontroling i Zarządzanie Ryzykiem. Od 2013 roku kontynuowała swoją karierę w spółkach innogy w Niemczech. Joanna Kępczyńska jest absolwentką SGH na kierunku Finanse i Bankowość, a także studiów MBA na Politechnice Warszawskiej realizowanych we współpracy z HEC Paris Graduate Business School, a także London Business School oraz Norwegian School of Economics and Business Administration. Joanna aktywnie wspiera kobiety w rozwoju, m.in. w programie Akademia Liderek Biznesu realizowanego przez Fundację Lesława A. Pagi czy jako sponsor międzynarodowej sieci networkingowej Women@E.ON, mającej na celu wspieranie kobiet w osiąganiu zamierzonych celów zarówno biznesowych, jak i osobistych.POKAŻ MNIEJ
We'll be back the week of November 29 with a brand new episode of Outlier Academy! In the meantime, we're sharing one of our most popular episodes with Dan Roller of Maran Capital. “What you need to do, I think, is constantly update your thesis as you go, which can allow for longer holding periods, because things do change. And at the same time, I go into investments with a multi-year horizon—but my thesis might be disproven fairly quickly.” – Dan Roller Dan Roller is Founder and Chief Investment Officer of Maran Capital Management, a boutique, value-driven investment manager with a carefully crafted portfolio of companies, including Clarus, Scott's Liquid Gold, Turning Point Brands, and Pure Cycle. Prior to starting his own fun, Dan honed his investment philosophy and process for over a decade working in research analyst and portfolio management roles at well-regarded hedge funds in New York City, including Credit Suisse First Boston and Impala Asset Management. Show notes with links, quotes, and a transcript of the episode: https://www.danielscrivner.com/notes/dan-roller-outliers-show-notes Chapters in this interview: MOI Global Dan's background and start in the investment world The formation of Maran Capital Choosing your hunting ground and creating structural advantages Researching and choosing companies to invest in How building investment knowledge is like training for the Ironman Examples and basics of buy-and-build companies How buy-and-build can go wrong Investing in Clarus and Turning Point Brands The value vs. growth debate Investing in SPACs Thesis drift and mental models esources for learning about investing Sign up here for Outlier Debrief, our Friday newsletter that highlights the latest episode, expands on important business and investing concepts, and contains the best of what we read each week. Follow Outlier Academy on Twitter: https://twitter.com/OutlierAcademy If you loved this episode, please share a quick review on Apple Podcasts.
Engel & Cabrera Present Boroughs & 'Burbs, the Real Estate Review
David Genovese and David Waldman, Laura Budd and Tucker Murphy on the "Future of Downtown" in Darien, Westport and New Canaan, ConnecticutWe have all read about the bleak future of suburban downtown and particularly retail. "It's too hard to park" and "The landlords ruined it by raising rents" and "There are no mom and pop shops" and "Amazon killed it" and "It's lost its charm" More recently the work-from-home phenomenon has led people to wonder about the future of office space. And yet despite these problems our restaurants are having record-setting business, retail vacancy rates are below 5% and workers are returning to the office. Or are they?Our first two guests are two of the biggest change-agents in Fairfield County. While others may manage more square feet, their projects seek to define the future of two of our most beloved towns, Darien and Westport. These two men are transforming the downtowns while recognizing the challenges of creating transit-oriented development, pedestrian-friendly, with a collection of attractive buildings set around beautifully-designed and well-maintained public spaces in the heart of their respective downtowns – all with just the right mix of curated retail, restaurants and other businesses, and the addition of residential housing and office use. Laura Budd and Tucker Murphy are Directors of the New Canaan Chamber of Commerce and for the last decade their jobs have been "to connect the community with commerce". When I want to know what merchants are thinking or where rents are moving, I ask them. So, of course we asked them to help us get the most out of this hour, to get to the bottom of the Future of Downtown.David A. Waldman is responsible for re-developing and managing over 800,000 square feet of office and retail space, primarily in downtown Westport. David founded David Adam Realty in 1991. His focus has been on maintaining and expanding his portfolio as well as retail leasing in Downtown Westport. He is currently Vice President of the Westport Downtown Merchants Association (WDMA) and heads the Capital Improvement Committee, a group he has been affiliated with since 1998. Previously he has served as President from 2004-2006. David is currently spearheading an initiative to beautify and revitalize the Main Street area. David also sits on the Board of the Plan Implementation Committee (PIC) whose mission has been to revitalize Downtown Westport since 2008. David and his wife currently sit on the board of The Advisory Council to the Campaign to Establish an International Center for Velo-Cardio-Facial Syndrome. David graduated from Syracuse University, Bachelor of Arts in Child Psychology in 1991. He is also a member of ICSC.R. David Genovese is adding 116 luxury apartments, 12 units of housing purpose-built for adults with developmental disabilities, 85,000 square feet of Class A office space, and nearly 100,000 square feet of retail, restaurant & fitness space in Darien. David founded Baywater Properties in 2001, following a 12-year career in real estate investment banking in New York and London. Prior to founding Baywater, David served as Co-Head of Real Estate Investment Banking for Credit Suisse First Boston. Previously, David served as a Managing Director in Bankers Trust Company's Real Estate Investment Banking Group. David is an honors graduate of Colby College and The London School of Economics and Political Science. David also received an MBA from The Wharton School of The University of Pennsylvania. David is currently a member of the Board of Directors of The Human Services Council of Norwalk, the Darien Athletic Foundation and The Real Estate Finance Association of Connecticut. David has served as a member of the Board of Overseers of Colby College, and as a board member of the Darien Technology and Community Foundation, the Darien YMCA, the Darien Historical Society, and Darien Revitalization, Inc.
We have two special guests for our podcast today: Anita Ng, MD for Private Investments @ Cambridge Associates and Tanya Kemp, MD and Head of Private Markets at San Francisco Employees' Retirement System. Anita has more than 25 years of investment experience, 15 of those managing client portfolios at Cambridge Associates (a global advisory investment firm responsible for advising on over $500B in aum). She is a trusted advisor to a broad group of institutional clients, including endowments and foundations, public pension plans, and private clients. In 2020, Anita was named in Chief Investment Officer's annual list of Knowledge Brokers, a list of the most influential investment consultants and advisers. Prior to joining Cambridge Associates in 2006, Anita was a technology investment banker at CIBC World Markets, Credit Suisse First Boston and Banc of America Securities and earlier in her career, worked in Hong Kong at Merrill Lynch. Our co-guest is Tanya Kemp, Head of Private Markets.SFERS is a public plan with over $34B assets. Tanya rose up through the ranks from inv analyst in VC then PE and head of Pvt mkts overseeing a $14 billion portfolio comprising private investments across leveraged buyouts, venture capital, growth equity, real estate and natural resources strategies. Prior to joining SFERS, Ms. Kemp was Risk and Performance Analyst with Missouri State Employees Retirement System. She holds an MA, MBA, CFA and CAIA designations. She has received numerous awards including Private Equity Buyouts “Trailblazers: Ten women pioneering new paths in private equity” in 2016; Trusted Insights Top Public Pension Investment Directors 2021, Rising Star 2021 Venture Capital Journal. Anita and Tanya are two highly talented, engaging women in our industry passionate about investing and their roles. What a pleasure it was for me to speak with them together during this podcast. Without further delay, here is my conversation with Anita and Tanya.
In a world of plentiful capital and compressed yields, activism and being the agent of one's returns is a way forward. Transformational activism in particular is centered around a deep commitment and trusting relationship between the investor and the company. This multi-dimensional approach forgoes short-term solutions like financial engineering and instead focuses on working with great leaders to put together the right people, resources, and strategies for long-term results. Few firms exemplify the value creation associated with shareholder engagement and activism better than ValueAct and today I'm joined by Mason Morfit, Chief Executive Officer and Chief Investment Officer of ValueAct Capital. Mason Morfit is a Partner, the Chief Executive Officer and Chief Investment Officer of ValueAct Capital, a governance-oriented investment fund with over $14 billion in assets under management. ValueAct has a very highly concentrated portfolio and one of its partners has served on the Boards of Directors of 44 public companies over the life of this great activist fund. Mason himself has served as a director of Microsoft Corporation, Valeant, Bard, Immucor, and many other companies. In this episode, Mason and I discuss why he became interested in the psychological aspect of economics, how the activist investor landscape has shifted, the difference between transactional and transformational activism, the value of a learn-teach relationship, and so much more! Key Topics: The advantages of Mason's experience growing up as an outsider (2:30) What drew Mason to studying economics and psychology (3:48) Working in the health care group at Credit Suisse First Boston in the late 90s (5:37) Mason's introduction to activist investing (7:24) Activist investing in the time of the imperial CEO (9:42) How corporate scandals and Sarbanes-Oxley changed the landscape for ValueAct (10:44) 20 years of network and relationship building (12:54) The immense value of documentation and knowledge sharing (13:50) Defending against self-attribution bias (15:24) The inherent problems with a public company board (17:48) ValueAct's role in mitigating against bureaucratic biases (18:24) Integrating the work of board committees (19:37) Psychological paradigms that emerge based on corporate history (22:18) Shifting paradigms that no longer work (24:14) Differentiating between transactional and transformational activism (28:15) Finding opportunities in interesting times (30:36) ValueAct's mission (31:38) The key ingredients of ValueAct's successes (34:37) Creating a learn-teach relationship (35:46) How the learn-teach relationship helps with organizational diagnosis (37:44) Creating an environment that empowers truth (39:38) The changing Japanese corporate governance landscape (41:25) Olympus as a case study of ValueAct's expansion into Japan (43:31) ValueAct's unique approach to investing in the Japanese market (47:45) Why activism today is more relevant than ever before (49:53) Shifting opportunities for an activist investor (51:51) Creating 21st century global champions (54:04) The disproportionate reward of disruptors at the expense of incumbents (55:27) Mason's book recommendations (57:14) And much more! Mentioned in this Episode: ValueAct Capital John Irving's Book | The World According to Garp Kazuo Ishiguro's Book | The Remains of the Day Sir Lawrence Freedman's Book | Strategy: A History Thanks for Listening! Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at valueinvesting@gsb.columbia.edu. Follow the Heilbrunn Center on social media on Instagram, LinkedIn, and more!
Sim Sitkin is a Founding Partner of Delta Leadership Inc. Delta is a leadership development organization that offers educational programs and materials, including those based on the Six Domains of Leadership™ Model. Sim also serves as Michael W. Krzyzewski University Professor of Leadership, Professor of Management and Public Policy, and founding Faculty Director of the Fuqua/Coach K Center on Leadership and Ethics (COLE) at the Fuqua School of Business, and Director of the Behavioral Science and Policy Center at Duke University. Sim's research focuses on the effects of leadership and organizational control on trust, risk-taking, experimentation, learning, and innovation. His most recent books are Organizational Control (2010), The Six Domains of Leadership (2016), and Routledge Companion to Trust (2017). He has won numerous awards for his research and teaching. He is a Fellow of the Academy of Management and the Society for Organizational Behavior. He is Co-Founder and Co-President of the Behavioral Science and Policy Association. He has extensive consulting, coaching, and executive education experience with organizations around the world, including American Airlines, Cisco Systems, Compaq Computer, Corning, Credit Suisse First Boston, Deutschebank, Duke Medical Center, Ericsson, Glaxo, General Electric, IBM, Lenovo, PricewaterhouseCoopers, Red Hat Software, Siemens, State Farm Insurance, U.S. Dept of Justice, Xerox Corporation. Connect with us! WEBSITES: Speaking: https://www.cbbowman.com/ Coaching Association: https://www.acec-association.org/ Workplace Equity & Equality: https://www.wee-consulting.org/ Institute/ Certification: https://www.meeco-institute.org/ SOCIAL MEDIA: LinkedIn: https://www.linkedin.com/in/cbbowman/ Twitter: https://twitter.com/execcoaches Facebook: https://www.facebook.com/CB.BowmanMBA/ YouTube - https://bit.ly/3iQP5Z3 Apple Podcast - https://apple.co/3skrfIi
On the latest episode of Leading Voices in Real Estate, Matt is joined by Julia Boyd Corso and Marshall Boyd, Co-Presidents of Interstate Equities Corporation. Founded in 1981 by their parents, IEC is a value-add investor and manager of multifamily properties across California and now Seattle, with a niche of acquiring dated apartments and transforming them into attainable, updated, boutique-style assets for the current resident demographic. Julia and Marshall took over the organization in 2007 following the passing of their father when they were 27 and 29 respectively. Some of the themes of this episode surround the challenges of starting in the industry as emerging leaders, the transition of a family company to a private equity business, the benefits of a co-head structure, and climbing the ladder from a syndication model up to a commingled fund business.About JuliaJulia is co-president and chief operating officer responsible for corporate operations, asset management and repositioning of all investments. She sets the strategic direction of the company and its investment activities as a member of its Investment Committee. Prior to joining IEC, Julia worked in management consulting for Accenture. Julia graduated summa cum laude from Emory University with a B.A. in Economics and holds an M.B.A. from the Stanford Graduate School of Business. She is a member of the Urban Land Institute and the Stanford Real Estate Council.About MarshallMarshall is co-president and chief investment officer as well as a member of the company's Investment Committee. Prior to joining IEC, Marshall worked on the investment team at TA Associates and in investment banking at Credit Suisse First Boston. Marshall graduated from Middlebury College with a B.A. in Economics and a minor in Spanish. He is vice chairman of the Urban Land Institute's Multifamily Silver Council and a former board member of The Young Presidents' Organization.
W rozmowie z Anną Jurgaś Joanna odpowiada na pytanie co to znaczy być przywódcą czyli osobą za którą podążają inni i zwraca szczególną uwagę na różnice pomiędzy byciem zwykłym szefem, a byciem odbieranym jako lider. Przywołuje własne doświadczenia i opowiada o przeżytych lekcjach rozczarowania, pokory i odpowiedzialności w dążeniu do bycia dobrym przywódcą. Zwraca uwagę jak ważne jest posiadanie w pracy umiejętności miękkich i twardych, a także o emocjach i samotności liderów. Joanna zastanawia się czy z osobowością lidera się rodzimy, czy ją wypracowujemy. Według niej najważniejsze u zrównoważonego przywódcy są: wizja w którą wierzy, charyzma czyli rodzaj nieprzeciętności, umiejętności organizacyjne i autentyczność. Opowiada o rekrutacji i budowaniu zdrowej organizacji opartej na wartościach i kompetencjach a także o efektywnym wykorzystaniu kobiecej siły i atrybutów na drodze kariery zawodowej. Joanna swoją karierę zawodową zaczynała na rynku finansowym, od stanowiska specjalisty ds. rynku terminowego (Warszawska Giełda Towarowa). Następnie piastowała stanowisko maklera papierów wartościowych (Wood and Company, Credit Suisse First Boston) oraz menedżera projektów strategicznych (DM BZWBK). W Grupie innogy pracuje od 2004 roku. Zajmowała szereg stanowisk menedżerskich w obszarach: Finanse, Zakupy Energii, Kontroling i Zarządzanie Ryzykiem. Od 2013 roku kontynuowała swoją karierę w spółkach Innogy w Niemczech. W RWE Generation kierowała działem Asset Controlling będąc odpowiedzialną za kontroling elektrowni jądrowych, węglowych oraz kopalni w 3 krajach: Niemczech, Wielkiej Brytanii i Holandii. W 2014 roku objęła kierownictwo działu kontrolingu w spółce sprzedażowej RWE Vertrieb z siedzibą w Dortmundzie.
Bloomberg Opinion columnist Barry Ritholtz speaks with legendary venture-capital investor Bill Gurley, who has spent more than 15 years as a general partner at Benchmark Capital. Prior his work in venture capital, Gurley spent four years on Wall Street as a top-ranked research analyst, including three years at Credit Suisse First Boston focusing on personal computer hardware and software. He was the lead analyst on the Amazon IPO. He is also the author of the long-running Above the Crowd blog, which focuses on the evolution and economics of technology businesses.
This week we're joined by Dr. Stuart Titus, CEO of Medical Marijuana Inc. - developers and retailers of cannabis-derived products, and the first-ever publicly traded cannabis company in the USA.In this episode, we explore some of the current legislation and regulations governing the cannabis industry in the USA, including the SAFE Banking Act and FDA regulation.About Dr. Stuart TitusDr. Stuart Titus is a veteran of the financial services and medical healthcare industries with over thirty years of combined experience in each discipline. In the investment banking industry, Dr. Titus worked with well-regarded firms including A.G. Becker, Prudential-Bache Securities, and Credit Suisse-First Boston. After leaving Wall Street, Dr. Titus opened and operated his private physiotherapy practice specialising in microcurrent and stem cell therapeutic treatments.Now, Dr. Titus, a 10-year pioneer of the cannabis industry, is the Chief Executive Officer of the first-ever publicly traded cannabis company in the United States, Medical Marijuana, Inc. Dr. Titus has been involved in all aspects of the medical marijuana and industrial hemp industries as he also oversees a robust portfolio of subsidiary and investment companies. Through his leadership, Medical Marijuana, Inc. became the first company to deliver cannabis brands across U.S. state lines and international borders, making hemp-derived cannabidiol (CBD) available across 50 states and in dozens of countries such as Mexico, Brazil, Paraguay, Argentina and many European nations.Dr. Titus is a graduate of Rollins College in Winter Park, Fla., where he majored in Economics and minored in Business Administration. He earned his Ph.D. degree from the Open International University, which is a World Health Organisation (WHO)-chartered affiliate. He holds a Fellowship with the American Academy of Pain Management and clinical association with the American Association of Integrative Medicine. Quotables‘My eyes were opened when all of a sudden I was introduced to the world of CBD' 02:40‘We can see CBD and the non-psychoactive arena taking a larger and larger piece of the overall cannabis pie every year 19:00‘Cannabis means votes' 29:19ResourcesFollow Medical Marijuana Inc. on Twitter: https://twitter.com/mjna_incFollow Medical Marijuana Inc. on LinkedIn: https://www.linkedin.com/company/medical-marijuana-inc-/Read about the FDA's regulation of cannabis-derived products: https://www.fda.gov/news-events/public-health-focus/fda-regulation-cannabis-and-cannabis-derived-products-including-cannabidiol-cbd#approved
“What you need to do, I think, is constantly update your thesis as you go, which can allow for longer holding periods, because things do change. And at the same time, I go into investments with a multi-year horizon—but my thesis might be disproven fairly quickly.” – Dan Roller In this episode of Outliers, I’m talking with Dan Roller (@Dan_Roller) about the power of buy-and-build companies, investing in special situations, interesting value-oriented opportunities in SPACs, and how becoming a better investor is similar to training for an Ironman competition. Dan Roller is Founder and Chief Investment Officer of Maran Capital Management, a boutique, value-driven investment manager with a carefully crafted portfolio of companies, including Clarus, Scott’s Liquid Gold, Turning Point Brands, and Pure Cycle. Prior to starting his own fun, Dan honed his investment philosophy and process for over a decade working in research analyst and portfolio management roles at well-regarded hedge funds in New York City, including Credit Suisse First Boston and Impala Asset Management. Chapters in this interview: 00:01:45 – MOI Global 00:03:36 – Dan’s background and start in the investment world 00:11:20 – The formation of Maran Capital 00:14:59 – Choosing your hunting ground and creating structural advantages 00:21:21 – Researching and choosing companies to invest in 00:28:27 – How building investment knowledge is like training for the Ironman 00:32:17 – Examples and basics of buy-and-build companies 00:41:04 – How buy-and-build can go wrong 00:45:20 – Investing in Clarus and Turning Point Brands 00:51:40 – The value vs. growth debate 00:54:57 – Investing in SPACs 00:58:06 – Thesis drift and mental models 01:02:21 – Resources for learning about investing Sign up here for Outliers Weekly, our Sunday newsletter that highlights the latest episode, expands on important business and investing concepts, and contains the best of what we read each week. Follow Outliers on Twitter: https://twitter.com/heyoutliers. If you loved this episode, please share a quick review on Apple Podcasts. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Hall welcomes Dr. Stuart Titus, Chief Executive Officer and President at Medical Marijuana, Inc. Headquartered in Poway, California, Medical Marijuana, Inc. is a cannabis product research and development company. The Company offers various CBD oils and related products such as CBD tinctures, concentrates, beauty products and pet supplements. Medical Marijuana distributes its products to worldwide customers. Stuart, a 10+ year pioneer of the cannabis industry, is the CEO of the first-ever publicly traded cannabis company in the US, Medical Marijuana, Inc. He has been involved in all aspects of the medical marijuana and industrial hemp industries overseeing a robust portfolio of subsidiaries and investments. Through his leadership, Medical Marijuana, Inc. became the first company to deliver cannabis brands across U.S. state lines, and the first to hold import permits for hemp-derived cannabidiol (CBD) in dozens of countries such as Mexico, Brazil, Paraguay, Argentina and many European nations. He is also a veteran of the financial services and medical healthcare industries with over thirty years of combined experience in each discipline. In the investment banking industry, Stuart worked with well-regarded firms including A.G. Becker, Prudential-Bache Securities, and Credit Suisse-First Boston. Stuart shares with Hall how he sees the industry evolving and some of the challenges startups face. You can visit Medical Marijuana, Inc. at , via LinkedIn at , and via Twitter at . Stuart can be contacted via email at . Music courtesy of .
He is the president and chief executive officer of Walmart U.S. eCommerce, appointed to the role in September 2016 when his company Jet.com was acquired by Walmart Inc. He founded and grew Jet.com to a $1 billion gross merchandise value run rate in its first year. Prior to Jet, he was the co-founder and CEO of Quidsi, the parent company of e-commerce websites Diapers.com, Soap.com, Wag.com, and more, which was sold to Amazon in 2011 for $550 million. His industry accolades include E&Y’s Entrepreneur of the Year regional winner and being named one of the “smartest people in technology” by Fortune. Prior to being a serial entrepreneur, he held various investment banking positions, including executive vice president of Sanwa International Bank in London, and vice president of emerging markets risk management at Credit Suisse First Boston. He graduated from Bucknell University, where he received a Bachelor of Arts in business management and economics, graduating cum laude. Join me on this episode of the Curve Benders podcast with Marc Lore. Don't forget, I turn the show notes from these podcasts into more in-depth articles, so check them out on our blog at NourGroup.com/Blog. --- Send in a voice message: https://anchor.fm/david-nour/message
On the Schmooze Podcast: Leadership | Strategic Networking | Relationship Building
Today's guest is a champion of female empowerment and gender equality. With her 20 years of experience in the finance industry, she has been a FINTECH industry leader at companies such as Credit Suisse First Boston, Lazard Freres, and Equity Growth Partners. She has been a catalyst for positive change serving as a senior-level executive and leading numerous corporate turnarounds of VC-backed portfolio companies. She has served as Vice Chairman of the Serious Game Institute at George Mason University which has a focus on women and girls in technology and coding. She founded Angelink, the first social crowdfunding platform inspired and powered by women. Angelink is a purpose-driven community to empower people around the world, transform lives, and restore faith in humanity. Please join me in welcoming Gerry Poirier. In this episode we discuss: her thoughts on leadership: “Leaders are courageous and sympathetic. They have to make decisions based on imperfect information. Good leaders are not scared to make mistakes.” her trip around the world for over four months with her little brother and friend, taking charge and building her self-confidence. her background in finance and how she landed a job in finance at the interview based on how risky her resume was. her passion to be an entrepreneur and do something that would help women, especially who were under-represented in the world of finance. her reason to start AngeLink and how her background in gaming and coding helped her build community. the challenges of building AngeLink outside of the main tech hubs in the United States and how her network helped her get some (back) doors open. her bucket list wish to meet Sara Blakely, inventor of Spanx. her strategy to nurture her network and the risk-taking required to make the first move. Listen, subscribe and read show notes at www.OnTheSchmooze.com - episode 219.
On the Schmooze Podcast: Leadership | Strategic Networking | Relationship Building
Today’s guest is a champion of female empowerment and gender equality. With her 20 years of experience in the finance industry, she has been a FINTECH industry leader at companies such as Credit Suisse First Boston, Lazard Freres, and Equity Growth Partners. She has been a catalyst for positive change serving as a senior-level executive and leading numerous corporate turnarounds of VC-backed portfolio companies. She has served as Vice Chairman of the Serious Game Institute at George Mason University which has a focus on women and girls in technology and coding. She founded Angelink, the first social crowdfunding platform inspired and powered by women. Angelink is a purpose-driven community to empower people around the world, transform lives, and restore faith in humanity. Please join me in welcoming Gerry Poirier. Would you leave an honest rating and review on Apple Podcast? Or Stitcher? They are extremely helpful and I read each and every one of them. Thanks for the inspiration! In this episode we discuss: her thoughts on leadership: “Leaders are courageous and sympathetic. They have to make decisions based on imperfect information. Good leaders are not scared to make mistakes.” her trip around the world for over four months with her little brother and friend, taking charge and building her self-confidence. her background in finance and how she landed a job in finance at the interview based on how risky her resume was. her passion to be an entrepreneur and do something that would help women, especially who were under-represented in the world of finance. her reason to start AngeLink and how her background in gaming and coding helped her build community. the challenges of building AngeLink outside of the main tech hubs in the United States and how her network helped her get some (back) doors open. her bucket list wish to meet Sara Blakely, inventor of Spanx. her strategy to nurture her network and the risk-taking required to make the first move. Links Gerry Poirier on LinkedIn, Twitter, Instagram, and Facebook. www.angelink.com Books mentioned in this episode: “The Third Door: The Wild Quest to Uncover How the World's Most Successful People Launched Their Careers” by Alex Banayan Other Resources Listen to NPR’s How I Built This with Guy Raz - Spanx: Sara Blakely About Robbie: Robbie Samuels is a keynote speaker, TEDx speaker, and relationship-based business strategy coach who has been recognized as a “networking expert” by Harvard Business Review Ascend, Forbes, Lifehacker, and Inc and as an "industry expert in the field of digital event design" by JDC Events. He created The 5% Advantage Program, a four-week experiential program that helps presenters grow in their confidence with Zoom, online facilitation, and virtual event design so they can reduce their tech angst and host more engaging online experiences that meet the purpose of the convening and participants' need for content and connection. He is the host of #NoMoreBadZoom Virtual Happy Hour, a popular weekly virtual event that explores new ways to design engaging virtual experiences. He assists organizations with bringing their in-person events strategically online as a Virtual Event Design Consultant, Virtual Emcee, and Zoom Producer. He is the author of the best-selling business book Croissants vs. Bagels: Strategic, Effective, and Inclusive Networking at Conferences and has been profiled in the Harvard Business Review, Forbes, and Fast Company. He writes for Harvard Business Review Ascend. His clients include associations, women's leadership summits, and corporations including Marriott, AmeriCorps, Hostelling International, and General Assembly. He has been featured in several books including Stand Out: How to Find Your Breakthrough Idea and Build a Following Around It by Dorie Clark and The Connector’s Advantage: 7 Mindsets to Grow Your Influence and Impact by Mic...
Brigette Wolf is the Global Head of SnackFutures, Mondelēz International’s innovation and venture hub. She is a solutions-oriented, forward-thinking disruptor in the snacking space committed to reorienting the way food and beverage brands talk about snacking by making it a more holistic and wellness-oriented experience. She is on - a - mission.Brigette and I discuss how she successfully led the development of this new SnackFutures division inside of Mondelēz, bringing global resources, teams, thinking and a new way of talking about healthy food inside the world of snacking.In this episode, we learn:Why Mondelēz took the plunge into better-for-you with SnackFutures, and what they’re up to.How great teamwork and great culture have aided the success SnackFutures.About the impact of SnackFutures sustainability initiatives.What’s driving innovation in mainstream better-for-you snacking.How serving consumers and employees adds value to the business.What’s driving big CPG to better embrace healthy snacking, healthy eating and healthy lifestyles.About the impact that Gen Z has on plant-based snacking.Why we need to make healthy living affordable to all consumers.About Brigette Wolf:Brigette Wolf is the Global Head of SnackFutures, Mondelēz International’s innovation and venture hub.Since its creation in 2018, Brigette has led the creation of a cross-functional ecosystem of partners around the world, launched SnackFutures’ first market hub in Australia and created five completely new brands that are currently being piloted in the US and Europe.Brigette has played a key role in advancing the company’s innovation agenda since its inception in 2012 serving as the senior director of Global Platform Innovation for Gum, Candy and Biscuits – leading the development and launch of Trident Vibes as well as brand manager for Belvita. Brigette’s history with the company also goes back to Kraft Foods with roles including the Global Innovation Manager for Oreo and working across several of the pizza and meal brands.Prior to being part of the food industry, Brigette worked in investment banking at Morgan Stanley and Credit Suisse First Boston.Brigette received her undergraduate degrees from The University of Pennsylvania, The Wharton School and her MBA from Northwestern Kellogg School of Management.LinkedIn: https://www.linkedin.com/in/brigetterwolf/Show Resources:Mondelēze - Mondelez International, Inc., often stylized as Mondelēz, is an American multinational confectionery, food, holding and beverage and snack food company consisting of former Kraft Foods Inc brands. Owners of some of the most iconic brands in the world, including Oreo, Tang Tobelerone, Halls, Mirla, Philadelphia Cream Cheese, Cadbury and more.SnackFutures - SnackFutures is Mondelēz International's new innovation hub that is dedicated to unlocking emerging snacking opportunities around the world. SnackFutures will capitalize on new trends and mobilize entrepreneurial talent and technologies to build and grow small brands with large-scale potential, and leverage other growth opportunities across snacking. Episode Sponsor - Retail Voodoo:A creative marketing firm specializing in building, growing and evolving brands in the food, beverage, wellness and fitness industry. If your brand is in need of positioning, package design or marketing activation, we’re here to help. You can find more information at www.retail-voodoo.com
Start of interview [1:17]Mason's "origin story" [1:58]His start with ValueAct Capital (2001-Present) [2:51]"A lot of what we do at ValueAct is invite ourselves to the dinner party."The history of ValueAct Capital and its investment thesis. [6:20]How he met Jeffrey Ubben (founder of the firm).The impact of the corporate scandals in the early 2000s and the Martha Stewart story.Building a reputation as long term thinkers with board members that add value, plus network.How they built their "board toolkit" for each function of the board with lessons learned from their board experience (starting ~2010s) [11:21]"Our thesis is different to other activist investors who have built their businesses upon campaigns of intimidation, litigation and electioneering" [12:49]Framing ValueAct's activism style within the historical arch of shareholder activism. [14:01]"Engineers think in terms of optimization and equations, lawyers think in terms of rules, and liberal arts people think in terms of psychology, sociology, literature, etc - I think you need to take into account these three types of thinking for problems [involving corporations}"What happened after SOX (2002) was that the zeitgeist for boardrooms changed in terms of openness to receiving outside opinions.The Say on Pay (2011) rules forced greater interaction between directors and shareholders. [15:56]His thoughts on "systematic" boardroom design issues: "we should all have empathy for independent directors, because they're entrusted to make the most consequential decisions around the corporation and yet [they do it part-time and generally lack information]. It's a tough job to do." "We can bring "peripheral" vision to the boardroom, which is supplemental to what the board sees through their own hierarchy." [18:00]The problem with board committee structures and their independent consultants/advisors: "it drives to the balkanization of work." "There is an under-investment in terms of time devoted to strategy [in the boardroom]" [20:11]"Thinking like an investor with an investment thesis is a very crystallizing thought exercise. It will lead you to have a point of view about what the strategy should be" "It's an important ingredient to being a good director." [23:33]How should boards approach strategy, and why the job of the director is so hard (i.e. lack of time and information) [24:51]How does he respond to criticism of activist investors as a class [27:49] "some of these criticisms are fair." He thinks that it's important to note that shareholder activism (during his career) has had two big bubbles that popped:Surge of activism after SOX, popping after the financial crisis because they didn't perform very well.Resurgence after credit crisis, popping in the mid 2010s.How advisors (lawyers, bankers, and others) impacted the activism landscape [29:50] "activist vulnerability assessments"How he distinguishes transactional vs transformational activism [30:45]Transactional: Traditional break-up, recap and selling of companies.Transformational: reimagining the value proposition of the product of the company. Best in class people and operational performance. It requires a lot more work (they started this practice in the mid-2000s).The mission statement of ValueAct since he took over as CEO is "to be the shareholder of choice for great companies navigating change." [33:16] Examples:Adobe, Microsoft (from client service era to cloud era in software industry)21st Century Fox (streaming in media companies)KKR (alternative asset management industry)What he loves about his job [34:46]Advice for independent directors: [35:29}Activism is everywhere (not just from activist investors)Peripheral vision can be helpful, and thinking critically with an investment thesis adds value.We live in an era of extreme disruption in the economy.Transformation is a critical journey for every company.His experience as a director at Microsoft [37:08]His take on the purpose of the corporation, ESG and sustainability [42:45]They have observed that the businesses that they invest in have a "license to operate": to be held in high regard by their stakeholders, regulators, media, politicians and other relevant constituencies.When they invest in a company they spend time with the "citizenship officers" of the company.Example of investments in financial institutions.The principles by which ValueAct Capital invests [51:28]: "We have to have a unique insight into every company we invest in that begets a meaningful relationship." (power politics is secondary)Good ideas pique curiosity, engagement and conversation.It doesn't matter if the corporation is a controlled corporation (for example, Martha Stewart, KKR, 21st Century Fox are controlled corporations)Their international investments [53:59]UK: Reuters, Misys, Rolls-Royce.Japan: Olympus, JSR Corporation, Nintendo. "There is a graveyard of activists that have tried to take on Japanese companies at the ballot box and at the courthouse, and that type of high conflict transactional -in your face- approach does not work."How does he see the future of shareholder activism and his recommendations [57:50]His favorite books: [59:21]Memoirs of the Second World War, by Winston Churchill (1948-53)The Remains of the Day, by Kazuo Ishiguro (1989)The World According to Garp, by John Irving (1978)His professional mentors: [01:01:51]Jeff UbbenSatya NadellaHis favorite quote: [01:02:42]"In the long run, the learn-it-all always beats the know-it-all " (Satya Nadella)Mason Morfit is a Partner, CEO and CIO of ValueAct Capital and is a member of the firm’s Management Committee. Prior to joining ValueAct Capital at inception, Mr. Morfit worked in equity research for Credit Suisse First Boston’s health care group where he focused on the managed care industry. Mr. Morfit is a member of the Advisory Council for Princeton University’s Woodrow Wilson School of Public and International Affairs and serves on the Board of Directors of the Tipping Point Community. He has a B.A. from Princeton University and is a CFA charterholder.Music/Soundtrack (found via Free Music Archive): Seeing The Future by Dexter Britain is licensed under a Attribution-Noncommercial-Share Alike 3.0 United States License
Duane asks, Just curious. Have you ever come across something that looks like a great opportunity, but was way beyond your capabilities? Duane, This is a great question. The short answer is yes. That’s the only way to grow. But the further you are from your proven capabilities, the lower your chances of success are going to be. So if you know going into the venture that your chances of failure are real, you want to make sure that: 1) You’re bringing the best people with the most relevant expertise onto your team to improve your chances of success 2) You want to limit the risk on the downside. So if you fail, the cost to you personally will be acceptable, and more importantly It takes courage to do something that is unknown. After all, you might fail. Failure has all kinds of negative connotations in our culture. When you fail, you’re a failure. Even worse, you’re a loser. On the other hand, if you’re a scientist running an experiment, then somehow experimentation is elevated to a higher stature. An experiment, by definition will have an unknown outcome. It may not be your desired outcome, but it will have an outcome and the main purpose of an experiment is to learn. Therefore, an experiment can never really fail. So the question is how do you undertake projects that can be a little bit of an experiment? I’ve done this several times in my career. For example, in the world of technology, the year was 2003. IBM had a division that designed and manufactured microprocessors. I had been at Tundra Semiconductor developing system controller chips that worked with the IBM microprocessors. So I had the crazy idea of going out to raise the money and build the management team to buy that division of IBM. I had never raised $250,000,000 in one shot before. I had not run a business of that size before. I didn’t have the brand name to go down to Wall Street and raise the money. I started with an idea. The first person I called was someone who had been general manager of a similar business. He had sold processors into Apple. He ran an automotive microprocessor business and counted Mercedes, General Motors, BMW, VW, and Toyota among his customers. His name is Brian Wilkie. The venture was my idea. But I hired Brian to be my boss. I contacted the CEO of another chip manufacturing company. She had previously run that division inside IBM and reported directly to the executive who had responsibility for that business. She became one of my advisors. I brought another 5 people on board with similar pedigree. Brian and I went down to NYC and met with Credit Suisse First Boston’s private equity group. We met with Citicorp Ventures who in that year had been very aggressive about investing in technology buyouts. As a result of these relationships, our pitch to IBM matched almost exactly what IBM was looking for in a partner. IBM entered into exclusive negotiation with us. We spent 3 weeks at IBM headquarters, negotiating 19 agreements around the clock. IBM wanted to close the transaction before March 31, 2004. A week before closing, the IBM management team delivered some bad news from one of the customers. That spooked our banker who asked for additional time to complete their due diligence. At that point, the senior executive in IBM said that he needed the asset sale in the quarter to compensate for a loss elsewhere in the division. He was a on notice from the CFO that he should not deliver a negative surprise to Wall Street. The asset sale was required to prevent that embarrassment. At that point, IBM invited a California company called AMCC to bid on the business. Literally at the stroke of midnight, AMCC offered $100,000,000 more than us and scooped the business out from underneath us. We were devastated.
Fred is the Founder and Managing Partner of Lane Generational of Raymond James. Lane Generational designs and manages customized investment portfolios for the specific requirements of individuals, families, trusts, foundations and institutions. Fred was formerly Vice Chairman, Investment Banking, Raymond James & Associates. Previously, Mr. Lane was Chairman, CEO and Founder of Lane, Berry & Co. International until Lane Berry's acquisition by Raymond James in May, 2009. Prior to that, Mr. Lane was a Managing Director and Principal of Donaldson, Lufkin & Jenrette, as well as of Credit Suisse First Boston upon CSFB's acquisition of DLJ in 2000.
Richard Baum is the Managing Partner at Consumer Growth Partners (CGP), a private equity firm that specializes in helping companies with high growth potential to sell or monetize their business. Richard is a Harvard Law School graduate and he studied Economics at the University of Michigan where he graduated magna cum laude. Prior to Consumer Growth Partners (CGP), Richard spent over 15 years as one of Wall Street's leading equity research analysts covering the specialty retailing sector at Credit Suisse First Boston, Goldman Sachs, and Sanford C. Bernstein. In this episode… Are online marketplaces starting to replace brick and mortar stores? Retailers are moving into online marketplaces at lightning speed because of the extent of their reach but for Richard Baum, while they do offer convenience, products sold in physical stores still have an upper hand in key areas of the retail market such as product quality assurance and brand equity. Richard Baum is the Managing Partner at Consumer Growth Partners and for him, selling on Amazon is a great idea but it isn't the end-all and be-all for the companies who are looking to sell their products. He also says that while big brands should consider getting into partnership deals with Amazon to protect their brand credibility, small businesses should focus on establishing their brand in Amazon's volatile retail environment. Eric Stopper sits down with Richard on this week's episode of The Buy Box Experts podcast where Richard talks about his perspective on the banning of adult product ads, what a non-Amazonable product is, why luxury items opt-out of Amazon, and what the future holds for the retail market in the next five years. Stay tuned.
Ian graduated from the University of Cambridge in 1981 with a degree in Land Economy. Ian was in the banking industry for over 32 years having previously worked for Bank of America, UBS, NatWest and Bankers Trust/Deutsche, always focusing on the real estate industry. Ian joined Credit Suisse First Boston in 1999 to establish the Real Estate Group, and became Managing Director and Chairman of the European Real Estate Investment Banking.
In our latest podcast, live from Money20/20, Peter Jankovsky (WG'20) speaks with Tim Chen, the CEO and co-founder of NerdWallet. NerdWallet is a leading personal finance content platform with over 100 million users that provides users clarity around all of life's financial decisions. In addition to leading NerdWallet, Tim sat on the most recent Consumer Advisory Board of the CFPB, and was appointed to the board of the National Foundation for Credit Counseling (NFCC). In this extensive interview, Tim shares: • NerdWallet's founding story and how he's grown the company from an $800 investment into a $500 M company serving 100 M+ customers • The future vision for NerdWallet and how Tim is using machine learning to better understand and serve customer needs • Lessons learned from his experience as an entrepreneur, particularly on how he finds and evaluates talented executives • Advice for investors or young executives choosing FinTechs that will be successful in the long-run Prior to NerdWallet, Tim was a hedge fund analyst and also worked in equity research at Credit Suisse First Boston. We would like to thank the team at Money20/20 USA for hosting Wharton FinTech in Las Vegas during their annual conference to meet with and interview thought leaders in the FinTech industry. Money20/20 is the premier global event on Payments, FinTech, and Financial Services where C-level executives, renowned speakers, innovators, and disruptors from across the world unite to drive change in the future of money. We would also like to thank Wharton FinTech's Platinum Sponsor, the Stevens Center for Innovation in Finance. The Stevens Center is the premier research, education, and thought leadership institution in the world for financial technology.
In another riveting episode, Scott Kupor, the managing partner of one of the highest-profile VC on the planet over the last decade, Andreessen Horowitz, joins us today to discuss startups, how to get funded and a lot more! He is also the author of the book called Secrets of Sand Hill Road: Venture Capital and How to Get It. “Inside Baseball” Scott addressed the common issue of "inside baseball" between entrepreneurs and VCs. He shares that there is no reason why questions shouldn’t be answered and that VCs should reach out to entrepreneurs. “People don’t understand why decisions are made. I think that just leads to mistrust quite frankly between VCs and entrepreneurs.” - Scott Kupor Moreover, Scott shares the reason why he wrote the book. He wanted to bridge the gap between VCs and entrepreneurs. Through this book, he answers several entrepreneur questions that previously were assumed to be understood, since they have done a lot of deals in the past. Information Asymmetry Scott discusses the idea about information asymmetry and how it results to one party benefitting at the expense of the other in those types of scenarios. “Capital is scarce and VCs have it. There was definitely a very different balance of power between entrepreneurs and VCs. There’s probably less incentive quite frankly for the VC. The biggest change, I think, in the last 10 yrs is, its as competitive as its ever been.” - Scott Kupor Money clearly a commodity in this business. For Scott, if VCs and entrepreneurs can level the playing field, he would enter into a relationship on a basis of actually understanding one another, knowing what motivates one another as it would definitely be a good place better place to start. More From Scott Aside from talking about Silicon Valley, Startups and how entrepreneurs could get funding, he shares his thoughts on the overall VC backed industry. “My personal view is—I’ve talked about this with people in DC publicly—the idea that more and more growth is happening in the private markets, while beneficial, selfishly for people like me, who get to, kind of monetize that growth. I don’t think its good for the country. I don’t think its good to not have companies going public at a reasonable stage where a broader cross-section of public market investors can actually enjoy the appreciation there.” - Scott Kupor To hear more about Secrets of Sand Hill Road Venture Capital and more information about Scott Kupor, Managing Partner at Andreessen Horowitz, download and listen to the episode. Bio: Scott Kupor is the managing partner at Andreessen Horowitz where he is responsible for all operational aspects of running the firm. He has been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion. Prior to joining Andreessen Horowitz, Scott worked as vice president and general manager of Software-as-a-Service at Hewlett Packard. Scott joined HP in 2007 as part of the Opsware acquisition, where he was senior vice president of Customer Solutions. In this role, he had global responsibility for customer interaction, including professional services, technical pre-sales, and customer support. Scott joined Opsware shortly after the company’s founding and held numerous executive management positions including vice president, financial planning and vice president, corporate development. In these roles, he led the company’s private financing activities as well as its initial public offering in 2001. Scott also started the company’s Asia Pacific operations and led the execution of the company’s multiple acquisitions. Prior to Opsware, Scott represented software companies in both financing and mergers and acquisitions transactions at Credit Suisse First Boston and Lehman Brothers. He graduated Phi Beta Kappa from Stanford University with a bachelor’s degree in public policy with honors and distinction.
In another riveting episode, Scott Kupor, the managing partner of one of the highest-profile VC on the planet over the last decade, Andreessen Horowitz, joins us today to discuss startups, how to get funded and a lot more! He is also the author of the book called Secrets of Sand Hill Road: Venture Capital and How to Get It. “Inside Baseball” Scott addressed the common issue of "inside baseball" between entrepreneurs and VCs. He shares that there is no reason why questions shouldn’t be answered and that VCs should reach out to entrepreneurs. “People don’t understand why decisions are made. I think that just leads to mistrust quite frankly between VCs and entrepreneurs.” - Scott Kupor Moreover, Scott shares the reason why he wrote the book. He wanted to bridge the gap between VCs and entrepreneurs. Through this book, he answers several entrepreneur questions that previously were assumed to be understood, since they have done a lot of deals in the past. Information Asymmetry Scott discusses the idea about information asymmetry and how it results to one party benefitting at the expense of the other in those types of scenarios. “Capital is scarce and VCs have it. There was definitely a very different balance of power between entrepreneurs and VCs. There’s probably less incentive quite frankly for the VC. The biggest change, I think, in the last 10 yrs is, its as competitive as its ever been.” - Scott Kupor Money clearly a commodity in this business. For Scott, if VCs and entrepreneurs can level the playing field, he would enter into a relationship on a basis of actually understanding one another, knowing what motivates one another as it would definitely be a good place better place to start. More From Scott Aside from talking about Silicon Valley, Startups and how entrepreneurs could get funding, he shares his thoughts on the overall VC backed industry. “My personal view is—I’ve talked about this with people in DC publicly—the idea that more and more growth is happening in the private markets, while beneficial, selfishly for people like me, who get to, kind of monetize that growth. I don’t think its good for the country. I don’t think its good to not have companies going public at a reasonable stage where a broader cross-section of public market investors can actually enjoy the appreciation there.” - Scott Kupor To hear more about Secrets of Sand Hill Road Venture Capital and more information about Scott Kupor, Managing Partner at Andreessen Horowitz, download and listen to the episode. Bio: Scott Kupor is the managing partner at Andreessen Horowitz where he is responsible for all operational aspects of running the firm. He has been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion. Prior to joining Andreessen Horowitz, Scott worked as vice president and general manager of Software-as-a-Service at Hewlett Packard. Scott joined HP in 2007 as part of the Opsware acquisition, where he was senior vice president of Customer Solutions. In this role, he had global responsibility for customer interaction, including professional services, technical pre-sales, and customer support. Scott joined Opsware shortly after the company’s founding and held numerous executive management positions including vice president, financial planning and vice president, corporate development. In these roles, he led the company’s private financing activities as well as its initial public offering in 2001. Scott also started the company’s Asia Pacific operations and led the execution of the company’s multiple acquisitions. Prior to Opsware, Scott represented software companies in both financing and mergers and acquisitions transactions at Credit Suisse First Boston and Lehman Brothers. He graduated Phi Beta Kappa from Stanford University with a bachelor’s degree in public policy with honors and distinction.
Star Mountain Capital regularly offers its partners in the business owner/executive, lower middle-market fund manager, and deal advisor community access to complimentary educational events. In this installment of Star Mountain's Webinar series, Chief Risk Officer Dr. Lev Borodovsky discusses the possibility of the next recession and topics including: - How is this U.S. cycle different? - A decade of exogenous shocks - Diverging debt trends and the U.S. consumer - Late cycle signals - Key risks About the Presenter: Dr. Lev Borodovsky is the Chief Risk Officer at Star Mountain Capital with over 20 years of experience covering private equity, risk management and operations. He is also the Editor of The Wall Street Journal's The Daily Shot. Dr. Borodovsky was previously a founding team member, Chief Risk Officer and Managing Director of the GSO/Blackstone platform. He was also the Former Head of Risk Management for the Alternative Capital Division at Credit Suisse First Boston as well as a Former Partner and Chief Risk Officer at Bell Point Capital Partners. LEARN MORE ABOUT US: WEBSITE: http://www.starmountaincapital.com MEDIA CENTER: http://www.starmountaincapital.com/media-center FOUNDATION: http://starmountaincharitablefoundation.org/ TWITTER: http://www.twitter.com/StarMountainCap LINKEDIN: http://www.linkedin.com/company/Star-Mountain-Capital-LLC YOUTUBE: http://www.youtube.com/c/StarMountainCapital SOUNDCLOUD: https://soundcloud.com/starmountaincapital FACEBOOK: http://www.facebook.com/StarMountainCapital/ GOOGLE PLUS: http://plus.google.com/108738881983222377513 INSTAGRAM: http://www.instagram.com/star.mountain.capital/ https://blogs.wsj.com/dailyshot/
Scott Kupor is the managing partner at Andreessen Horowitz where he is responsible for all operational aspects of running the firm. He has been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $7 billion. Prior to joining Andreessen Horowitz, Scott worked as vice president and general manager of Software-as-a-Service at Hewlett Packard. Scott joined HP in 2007 as part of the Opsware acquisition, where he was senior vice president of Customer Solutions. In this role, he had global responsibility for customer interaction, including professional services, technical pre-sales, and customer support. Scott joined Opsware shortly after the company’s founding and held numerous executive management positions including vice president, financial planning and vice president, corporate development. In these roles, he led the company’s private financing activities as well as its initial public offering in 2001. Scott also started the company’s Asia Pacific operations and led the execution of the company’s multiple acquisitions. Prior to Opsware, Scott represented software companies in both financing and mergers and acquisitions transactions at Credit Suisse First Boston and Lehman Brothers. He graduated Phi Beta Kappa from Stanford University with a bachelor’s degree in public policy with honors and distinction. Scott also holds a law degree with distinction from Stanford University and is a member of the State Bar of California. Scott is chairman of the board of Genesys Works; cofounder and co-director of the Stanford Venture Capital Director’s College; co-founder and co-director of the Stanford Rock Center’s Guide to Venture-Backed Board Membership; Executive in Residence at Haas School of Business and Boalt School of Law; and a Lecturer at Stanford Law School. He is vice-chair of the investment committee of St. Jude’s Children’s Cancer Research Hospital and also serves as a member of the investment committees for Stanford Medical Center, the Silicon Valley Community Foundation, and Lick Wilmerding High School. Scott served as Chairman of the Board of the National Venture Capital Association (2017-2018). He is the author of the forthcoming book (June 2019), published by Portfolio, a division of Penguin, on Secrets of Sand Hill Road: Venture Capital and How to Get It. https://a16z.com https://a16z.com/book/secrets-of-sand-hill-road https://twitter.com/skupor
Sometimes in life things happen that appear to be your worst nightmare. And it can happen when we least expect. We never see it coming. We may believe we are on top of the world. But what happens when your world as you knew it comes crashing down in an instant? With life, sometimes you win. Sometimes you learn. And sometimes-- you do both.And ironically the winning victory can be discovered in a place you least expect it. That is the story of Ted W. Baxter. Ted was an auditor and management consultant at Price Waterhouse. He passed all four parts of the CPA exam in one take, and built a financial services consulting practice in Tokyo for Price Waterhouse, becoming partner in record time. After working in the Asia-Pacific for Price Waterhouse and Credit Suisse First Boston, he became a managing director at Citadel LLC, a premiere hedge fund and global financial institution. He retired after twenty-two years in the financial industry. In April 2005, he experienced a massive ischemic stroke and aphasia. He now serves as an advocate, author and speaker on strokes, aphasia, inspiration and motivation. He volunteers at health institutions, is involved in philanthropic causes, and lives in Newport Beach. He is the author of: Relentless: How A Maassive Stoke Changed My Life For the Better. An inspiring show to be shared with everyone as Ted reveals his journey, and empowers others with advice on how to recognize and avoid conditions for a stroke. Don't miss this awesome Aging GreatFULLy power-hour of enlightenment that shows us life truly is what we decide to make it and sometimes we just have to decide to win!
Star Mountain Capital regularly offers its partners in the business owner/executive, lower middle-market fund manager, and deal advisor community access to complimentary educational events. In this installment of Star Mountain's Webinar series, Chief Risk Officer Lev Borodovsky discusses implications of the U.S. government shutdown for small and medium-sized business and the economy including: - The consumer confidence shock - A hit to consumption and housing - Chipping away at GDP About the Presenter: Dr. Lev Borodovsky is the Chief Risk Officer at Star Mountain Capital with over 20 years of experience covering private equity, risk management and operations. He is also the Editor of The Wall Street Journal's The Daily Shot. Dr. Borodovsky was previously a founding team member, Chief Risk Officer and Managing Director of the GSO/Blackstone platform. He was also the Former Head of Risk Management for the Alternative Capital Division at Credit Suisse First Boston as well as a Former Partner and Chief Risk Officer at Bell Point Capital Partners. LEARN MORE ABOUT US: WEBSITE: http://www.starmountaincapital.com MEDIA CENTER: http://www.starmountaincapita.com/media-center FOUNDATION: http://starmountaincharitablefoundation.org/ BRETT HICKEY: http://www.bretthickey.com TWITTER: http://www.twitter.com/StarMountainCap LINKEDIN: http://www.linkedin.com/company/Star-Mountain-Capital-LLC YOUTUBE: http://www.youtube.com/c/StarMountainCapital SOUNDCLOUD: https://soundcloud.com/starmountaincapital FACEBOOK: http://www.facebook.com/StarMountainCapital/ GOOGLE PLUS: http://plus.google.com/108738881983222377513 INSTAGRAM: http://www.instagram.com/star.mountain.capital/ WIKI: http://en.wikipedia.org/wiki/Brett_Hickey https://blogs.wsj.com/dailyshot/
Tom Bushey is the founder of Sunderland Capital, a Boston-based hedge fund he started in 2016. Tom graduated from the Wharton School as an undergraduate, and worked as an investment banker at Credit Suisse First Boston, private equity analyst at Thayer Capital, hedge fund analyst at Millenium and Mayo Capital, and portfolio manager at Blackrock before trying his hand on his own. Even with that stellar resume, the road to success running an asset management business has plenty of obstacles along the way. Our conversation tells Tom’s story of what happened through his career and launch process. He shares an inside look from a manager’s perspective of what it takes to get a fund off the ground. As an important aside and disclaimer, I’ve known Tom for a while and have advised him for the last two years. I happen to like him a lot, both personally and professionally, but you should know I have a small vested interest in his success.
Dr. Lev Borodovsky is the Chief Risk Officer at Star Mountain Capital with over 20 years of experience covering private equity, risk management, and operations. He is also the Editor of The Wall Street Journal's The Daily Shot. Dr. Borodovsky was previously a founding team member, Chief Risk Officer, and Managing Director of the GSO/Blackstone platform. He was also the Former Head of Risk Management for the Alternative capital Division at Credit Suisse First Boston as well as a former Partner and Chief Risk Officer at Bell Point Capital Partners.
Star Mountain Capital regularly offers its partners in the business owner/executive, lower middle-market fund manager, and deal advisor community access to complimentary educational events. About the Presenter: Dr. Lev Borodovsky is the Chief Risk Officer at Star Mountain Capital with over 20 years of experience covering private equity, risk management and operations. He is also the Editor of The Wall Street Journal's The Daily Shot. Dr. Borodovsky was previously a founding team member, Chief Risk Officer and Managing Director of the GSO/Blackstone platform. He was also the Former Head of Risk Management for the Alternative Capital Division at Credit Suisse First Boston as well as a Former Partner and Chief Risk Officer at Bell Point Capital Partners. LEARN MORE ABOUT US: WEBSITE: http://www.starmountaincapital.com MEDIA CENTER: http://www.starmountaincapita.com/media-center FOUNDATION: http://starmountaincharitablefoundation.org/ BRETT HICKEY: http://www.bretthickey.com TWITTER: http://www.twitter.com/StarMountainCap LINKEDIN: http://www.linkedin.com/company/Star-Mountain-Capital-LLC YOUTUBE: http://www.youtube.com/c/StarMountainCapital SOUNDCLOUD: https://soundcloud.com/starmountaincapital FACEBOOK: http://www.facebook.com/StarMountainCapital/ GOOGLE PLUS: http://plus.google.com/108738881983222377513 INSTAGRAM: http://www.instagram.com/star.mountain.capital/ WIKI: http://en.wikipedia.org/wiki/Brett_Hickey
China has driven GDP based on heavy capital investment. When, at some point, that ends, and China's GDP growth falls dramatically, what will happen to the rest of the world? Not that much, argues Michael Pettis. Pettis is a leading thinker on international trade and investment flows. He is currently a nonresident senior fellow in the Carnegie Asia Program, based in Beijing, and also professor of finance at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. He formerly taught at Tsinghua University's School of Economics and Management and before that at Columbia University. He spent the first half of his career on Wall Street in trading, capital markets, and corporate finance, working with Manufacturers Hanover (now JPMorgan) and Bear Stearns. He has also worked as a partner in a merchant-banking boutique that specialized in securitizing Latin American assets and at Credit Suisse First Boston, where he headed the emerging markets trading team.
Star Mountain Capital regularly offers its partners in the business owner/executive, lower middle-market fund manager, and deal advisor community access to complimentary educational events. About the Presenter: Dr. Lev Borodovsky is the Chief Risk Officer at Star Mountain Capital with over 20 years of experience covering private equity, risk management and operations. He is also the Editor of The Wall Street Journal's The Daily Shot. Dr. Borodovsky was previously a founding team member, Chief Risk Officer and Managing Director of the GSO/Blackstone platform. He was also the Former Head of Risk Management for the Alternative Capital Division at Credit Suisse First Boston as well as a Former Partner and Chief Risk Officer at Bell Point Capital Partners. www.starmountaincapital.com starmountaincapital.com/category/media www.starmountaincharitablefoundation.org www.bretthickey.com blogs.wsj.com/dailyshot/
Star Mountain Capital regularly offers its partners in the business owner/executive, lower middle-market fund manager, and deal advisor community access to complimentary educational events. About the Presenter: Dr. Lev Borodovsky is the Chief Risk Officer at Star Mountain Capital with over 20 years of experience covering private equity, risk management and operations. He is also the Editor of The Wall Street Journal's The Daily Shot. Dr. Borodovsky was previously a founding team member, Chief Risk Officer and Managing Director of the GSO/Blackstone platform. He was also the Former Head of Risk Management for the Alternative Capital Division at Credit Suisse First Boston as well as a Former Partner and Chief Risk Officer at Bell Point Capital Partners. 2018: The Year of Rising Risks • U.S. Political Risks • The Geopolitical Landscape • China Slowdown Risks • U.S. Inflation and Interest Rates • Asset Valuation and Sentiment • Beyond 2018 http://www.starmountaincapital.com https://starmountaincapital.com/category/media http://www.starmountaincharitablefoundation.org http://www.bretthickey.com https://blogs.wsj.com/dailyshot/
The Top Entrepreneurs in Money, Marketing, Business and Life
Seth is the founder and CEO of SnapApp. As a repeat entrepreneur, Seth was previously the founder & CEO of Pangea Media (acquired by AdKnowledge) and co-founder & CEO of Focalex, (acquired by Intermix / MySpace). He started out as a banker at Credit Suisse First Boston.
Welcome to the 12th CONKERS’ CORNER. In this interview I have the pleasure of speaking with Nicolas Marx @marxnd on Twitter. After completing his Apprenticeship in the Hospitality Industry, Nicolas went onto study at Hotel School in Germany. It was during this time that he became curious as to where those in Hotel investing and Operations got their funding. His curiosity led him into the Investment Industry firstly with Merrill Lynch in Commodities trading & Retail Brokerage. Then with Credit Suisse (First Boston) in their Mergers and Acquisitions Team and Private Equity specialising in the Real Estate and Hospitality Sector. Nicolas states that the first stock that he held was HOST MARRIOTT. He explains that he was gifted 100 shares as a young man from his Dad. Although he describes himself as a contrarian that likes high risk, decades on and many share-splits later Nicolas still has Marriott stock in his long-term portfolio. When First Boston was dismantled, Nicolas decided to set up his own shop. The year was 1997 and aged just 30 years of age Nicolas set up NMCO, his very own Boutique Investment Bank. Which he describes as being “in the intersection between Investment Banking and Private Equity”, specialising in Turnaround, Restructuring and Structuring. Nicolas’s passion for Corporate Finance, Private Equity, Real Estate and the Hospitality Industry leads him to travel globally. It is just as well that he speaks Spanish, English, German and Italian. AGILIENCE who measure professional influencers have rated Nicolas within the Top 100 Private equity fund authorities, covering also Private equity and Mergers & Acquisitions. Nicolas recommends that all those that are interested in successful long-term investing should read the memos from Howard Marks of Oaktree Capital Management. Nicolas is a vastly experienced and accomplished Private Equity investor and he stresses the importance of “Second Level Thinking” and questioning everything. Listen now to gain insights into how he uses in depth research to run his Boutique Investment Bank and Fund, learn also from the lessons in his investing journey.
In this episode I interview Naijha Wright-Brown and Greg Brown, founders of vegan soul food bistro The Land of Kush in Baltimore, Maryland. Naijha, a native New Yorker, born in Manhattan's lower east side and raised in the South Bronx, is a people person, with over 20 years of customer relations experience. She's held managerial, technical and administrative positions at Verizon Wireless, Dow Jones Markets, and Credit Suisse First Boston. She co-founded and organizes Vegan SoulFest, an annual vegan festival for Baltimore's inner-city communities which attracts around 7,000 attendees. She is also the Executive Director of the Black Vegetarian Society of Maryland, an organization that connects people wherever they are on their journey to veganism with a focus on the Black and Latino communities. Greg had no intention of becoming a vegan chef. Like Naijha, he had a career in corporate America – in fact they worked together at Verizon. After becoming vegetarian in the late 1990s and then vegan, he learned how to cook without animal products out of necessity. In 2008, during the height of the mortgage crisis in the US, the couple left their successful jobs to realize the dream of opening a vegan soul food restaurant. The eatery attracts a diverse range of clientele from all walks of life, both vegans and non-vegans, including politicians and celebrities such as Stevie Wonder. What's extra special about The Land of Kush is that as well as being a for-profit business, it also has a social mission to give back to the local community. Many of the employees are black youth who have never held a job. Naijha and Greg provide training and mentoring and go out of their way to give people, many of whom have been on public assistance for a long time, a chance to become leaders. In this interview Naijha and Greg talk about: • How they get their staff, many of whom are from economically depressed communities, to become ambassadors for their brand • The benefits of rewards programs to keep customers coming back • How collaboration with other businesses, non-profits, schools and community organizations has been instrumental in the restaurant's success • A different way to look at your day job, especially if you hate it • How to work successfully with your partner in a business, even when you're both A-type personalities • And much more Visit The Land of Kush website Find out details about Vegan SoulFest Get details of the Black Vegetarian Society of Maryland Brands mentioned in vegan business news roundup: Gusta Elmhurst Milked Plant Based Foods Association RESOURCES: My Online PR Course for Vegan Business Owners & Entrepreneurs: Vegans in the Limelight My book Vegan Ventures: Start and Grow an Ethical Business Follow Vegan Business Media on: Facebook Twitter Instagram Connect with me personally at: Facebook Twitter LinkedIn
In this episode I interview Naijha Wright-Brown and Greg Brown, founders of vegan soul food bistro The Land of Kush in Baltimore, Maryland. Naijha, a native New Yorker, born in Manhattan’s lower east side and raised in the South Bronx, is a people person, with over 20 years of customer relations experience. She’s held managerial, technical and administrative positions at Verizon Wireless, Dow Jones Markets, and Credit Suisse First Boston. She co-founded and organizes Vegan SoulFest, an annual vegan festival for Baltimore’s inner-city communities which attracts around 7,000 attendees. She is also the Executive Director of the Black Vegetarian Society of Maryland, an organization that connects people wherever they are on their journey to veganism with a focus on the Black and Latino communities. Greg had no intention of becoming a vegan chef. Like Naijha, he had a career in corporate America – in fact they worked together at Verizon. After becoming vegetarian in the late 1990s and then vegan, he learned how to cook without animal products out of necessity. In 2008, during the height of the mortgage crisis in the US, the couple left their successful jobs to realize the dream of opening a vegan soul food restaurant. The eatery attracts a diverse range of clientele from all walks of life, both vegans and non-vegans, including politicians and celebrities such as Stevie Wonder. What’s extra special about The Land of Kush is that as well as being a for-profit business, it also has a social mission to give back to the local community. Many of the employees are black youth who have never held a job. Naijha and Greg provide training and mentoring and go out of their way to give people, many of whom have been on public assistance for a long time, a chance to become leaders. In this interview Naijha and Greg talk about: • How they get their staff, many of whom are from economically depressed communities, to become ambassadors for their brand • The benefits of rewards programs to keep customers coming back • How collaboration with other businesses, non-profits, schools and community organizations has been instrumental in the restaurant’s success • A different way to look at your day job, especially if you hate it • How to work successfully with your partner in a business, even when you’re both A-type personalities • And much more Visit The Land of Kush website Find out details about Vegan SoulFest Get details of the Black Vegetarian Society of Maryland Brands mentioned in vegan business news roundup: Gusta Elmhurst Milked Plant Based Foods Association RESOURCES: My Online PR Course for Vegan Business Owners & Entrepreneurs: Vegans in the Limelight My book Vegan Ventures: Start and Grow an Ethical Business Follow Vegan Business Media on: Facebook Twitter Instagram Connect with me personally at: Facebook Twitter LinkedIn
Tom Nides is a Managing Director and Vice Chairman of Morgan Stanley, a leading global financial services firm. He focuses on the Firm’s global clients and other key constituencies around the world, serves as a member of the Firm’s Management Committee and Operating Committee, and reports to Morgan Stanley Chief Executive Officer James Gorman. Prior to rejoining the Firm in March 2013 in his current role, Mr. Nides was Deputy Secretary of State, serving as Chief Operating Officer of the Department. Appointed by President Obama, he was confirmed by the Senate on December 22, 2010 and sworn in on January 3, 2011. Previously, Mr. Nides was the Chief Operating Officer of Morgan Stanley from 2005 to 2010. He was an executive officer and served as a member of Morgan Stanley’s Management Committee and Operating Committee. Before joining Morgan Stanley, Mr. Nides served as Worldwide President and Chief Executive Officer of Burson-Marsteller and as Chief Administrative Officer of Credit Suisse First Boston, the investment banking division of Zurich-based Credit Suisse Group. Mr. Nides began his career on Capitol Hill, as Assistant to the Majority Whip of the United States House of Representatives and Executive Assistant to the Speaker of the House. Mr. Nides later served as Senior Vice President of Fannie Mae and as Chief of Staff to the United States Trade Representative. Mr. Nides serves on the Board of the Urban Alliance Foundation, the Atlantic Council and is a Member of the Council on Foreign Relations. Prior to serving in government, Mr. Nides was the Chairman of the Securities Industry and Financial Markets Association and a member of the Advisory Board of the National Zoo. Mr. Nides, a graduate of the University of Minnesota, is married with two children.
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