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Our guest this week is our colleague, John Rekenthaler. John is retiring from Morningstar after 36 years. He was one of Morningstar's early hires. Joe Mansueto and Don Phillips brought John on as a mutual fund analyst in 1988, and he rose to become the company's vice president of research. He worked on many of Morningstar's foundational methodologies, including the star rating and style box, and helped launch the retirement business. But he's best known as author of “The Rekenthaler Report,” an investment column on Morningstar.com that has become one of the most popular and widely cited in investing in personal finance. John holds a BA from the University of Pennsylvania and an MBA from the University of Chicago. John, welcome back to The Long View.BackgroundBiojohn.rekenthaler@morningstar.com“Farewell, for Now,” by John Rekenthaler, Morningstar.com, Nov. 12, 2024.“The Best (and Worst) of John Rekenthaler, in His Own Words,” by Emelia Fredlick, Morningstar.com, Jan. 24, 2025.OtherMorningstar Style BoxMorningstar Ratings“Christine Benz and John Rekenthaler: How Much Can You Safely Spend in Retirement?” The Long View podcast, Morningstar.com, Dec. 21, 2021.Matt LevineJames MackintoshGreg IpJason ZweigWilliam Bernstein
In this episode of The Ski Show, hosts Adam and Matt dive into the world of show skiing Production with guest Don Phillips from the Twin Cities River Rats. They discuss all the aspects and preparation it takes to create engaging shows, as well as the collaborative process involved in a great production. Key takeaways from this episode include:Production is a collaborative effort that involves many team members.Themes and scripts are crucial for engaging performances.Music selection plays a significant role in show production.The backdrop is foundational to the overall show design.Strong team culture enhances the production process.Props must be designed with practical considerations in mind.The act order is important for timing and flow of the show.The soundscape of a show can significantly impact audience engagement.Costumes should align with the theme but may not need to be unique for every act.Budget constraints often limit the ability to theme every act.Practice and rehearsal are essential for a successful show.A dedicated stage crew enhances the predictability and quality of performances.Empowering team members leads to better execution of the show.Production quality can influence scoring in competitions.Flexibility in adapting scripts and performances is vital.The integration of music and performance creates a cohesive experience for the audience.Today's sponsors are...FlymanSkis - custom made jump skis and Featherboard swivel skis at affordable prices, get yours at flymanskis.com. The Board Shop - all your summer and winter gear is yours at bswake.com.Follow us on Social Media: Instagram - @theskishowpodcast Facebook - https://www.facebook.com/theskishowpodcast Contact The Ski Show: Email us at theskishowpodcast@gmail.com Leave us a rating and a review: https://podcasts.apple.com/us/podcast/the-ski-show-the-ultimate-show-ski-podcast/id1510243170
What if that thing you've been trusting for, or that person you've been praying for, or that breakthrough you've been hoping for, is just one moment, one word, one encounter away from happening? When the God of all creation shows up – we believe this is possible
On today's episode, I break down a 4-1 win for #2 Metamora on the road at Pekin. The episode features a stat rundown from the game, broadcast highlights, an interview with coach Deric Linder, and a special interview conducted by color commentator Don Phillips and his granddaughter, Redbird junior Bailee Bender. I also break down the East Peoria-Washington and Limestone-Morton games. Enjoy!
A new effort has launched at Oregon State University in Corvallis to specifically address the mental health needs of veterans, active duty service members and students who are dependents of service members. Don Phillips was hired in August as OSU’s new coordinator of veteran and military-connected student mental health and wellness. He served four years as an active duty Army medic, including a deployment to Iraq, and graduated from OSU in 2016 before becoming a licensed counselor. He joins us to talk about working with this specific group of students, and how his own lived experience can help reduce the stigma around talking about mental health among veterans on campus.
Do you know someone who is struggling with loneliness? Do you ever feel the definition of success you've been sold your whole life isn't right? These are some of the questions the Surgeon General and our guest, actor Matthew McConaughey, posed recently to an auditorium full of students at the University of Texas at Austin. In response, almost every hand in the young audience went up. In this conversation, Matthew McConaughey also draws from his own life lessons. Especially in high school and college, he lived through periods of deep loneliness and learned how to find connection he needed. As his Hollywood career took off, it was time with his family and kids that put his career – and the primary importance of connection – into perspective. The Surgeon General spotlights the truth of McConaughey's narrative – that it's relationships with loved ones that sustain us and make our lives good, not the notions of material success our society so often seems to value. In this conversation, we explore the power of social connection and what success really means. We'd love to hear from you! Send us a note at housecalls@hhs.gov with your feedback & ideas. For more episodes, visit www.surgeongeneral.gov/housecalls. Matthew McConaughey, Actor & Philanthropist Twitter: @McConaughey Instagram: @officiallymcconaughey Facebook: @MatthewMcConaughey About Matthew McConaughey Texas native Matthew McConaughey is one of Hollywood's most sought-after leading men. A chance meeting in Austin with casting director and producer Don Phillips led him to director Richard Linklater, who launched the actor's career in the cult classic “Dazed and Confused.” Since then, he has won an Academy Award for his portrayal of Ron Woodruff in "Dallas Buyers Club", appeared in over 40 feature films that have grossed over $1 billion; and has become an author, producer, and philanthropist with his just keep livin Foundation – all the while sticking to his Texas roots and “jk livin” philosophy. He is co owner of The Austin FC Soccer Club, and a professor at the University of Texas in Austin. In 2020, McConaughey released his first book, Greenlights which became an instant New York Times #1 best seller and has sold over three million copies worldwide. His second book, a children' book titled Just Because debuted in September 2023 and was an instant NYT #1 best seller. In October 2023, Matthew and his wife Camila launched their own tequila brand, Pantalones, the first joint venture for the couple. He currently resides in Austin, Texas with his wife Camila and their three kids.
Texas native Matthew McConaughey is one of Hollywood's most sought-after leading men. A chance meeting in Austin with casting director and producer Don Phillips led him to director Richard Linklater, who helped launch the actor's career. Since then, he has won an Academy Award, appeared in over 40 feature films that have grossed over $1 billion; and has become an author, producer, and philanthropist with his just keep livin Foundation – all the while sticking to his Texas roots and “just keep livin” philosophy. He is co owner of The Austin FC Soccer Club, and a professor at the University of Texas in Austin. In 2020, McConaughey released his first book, Greenlights which became an instant New York Times #1 best seller and has sold over three million copies worldwide. His second book, a children's book titled Just Because was released September 2023, and also became an instant New York Times #1 best seller. He currently resides in Austin, Texas with his wife Camila and their three kids.
In this episode, musician, songwriter and music historian Russell Gulley talks with his life-long friend, singer-songwriter Pierce Pettis. Both men grew up in Fort Payne, Alabama and worked with the musicians at Muscle Shoals Sound during the 1970's. In addition to discussing Pettis's career, they recall the influence of older musicians they encountered, including former Nashville session player and Fort Payne native Don Phillips and Swamper Jimmy Johnson.
Matthew McConaughey & Sean Penn write a tribute to the late Don Phillips who discovered their unique abilities and believed in the future Oscar winners. In this episode, Dave breaks down Don's legacy and how leveraging the power of storytelling impacted others.
NBA News, NFL News, MLB News, NHL News, WNBA News, Coronavirus impact on the sports & entertainment, CBS's Ghosts, ABC's Wonder Years, NBC's La Brea, a Farewell to LaMarr Hoyt, Doug Hill, Slide Hampton, Don Phillips, Bob Bondurant, Stephen Sondheim, David Gulpilil, Lisa Brown, Virgil Abloh, Geoffrey Johnson, Arlene Dahl, Lee Adler, Otis Anderson Jr, Richard Lee-Sung & Curley Culp. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/on-the-radar/support
Original Air Date: Monday 29 November, 9 pm EasternDescription:You might not know the name Don Phillips, but you will definitely know the names of many the performers whose careers he launched as a casting director, and the films with which he was involved. He is one of four cultural titans that Dean and Phil remember in "Celebrity Deaths" on this week's show, including a poet and founder of the mythopoetic men's movement, an iconic Broadway composer, and a trombonist who received the highest honor ever bestowed on jazz musicians. Dean will update us on the latest in his bout with Covid-19, his travel plans, his live ghost hunts and his "Hellacious Renovations". Phil will regale us with his birthday adventures, his deep dive into historic movie locations, and his exploration of the Manzanar "War Relocation Center". Several movies will get analyzed as well, including a Kurosawa classic ripe for a modern-day remake, a film noir with a claim to the best dialogue of any movie ever, and a current box office hit that begs the question, "Does bustin' make Dean & Phil feel good?"
You might not know the name Don Phillips, but you will definitely know the names of many the performers whose careers he launched as a casting director, and the films with which he was involved. He is one of four cultural titans that Dean and Phil remember in “Celebrity Deaths” on this week's show, including […]
Ask Mrs. Freda Dunny where her home town is. Go on - we dare you. Adapted by Julie Hoverson from a short story by J. Anthony Ferlaine (published in Fantastic Universe, November 1956) . Cast List Smiling Jim Parsons - J. Christopher Dunn Fred Dunny - Julie Hoverson Gertie - Tanja Milojevic (Lightning Bolt Theater of the Mind) Don Phillips - Glen Hallstrom Music: Kevin MacLeod (Incompetech.com) Editing and Sound: Neil Gustin of Twilight Audio Theatre Cover Design: Brett Coulstock Much thanx to Librivox and Project Gutenberg for curating stories, like this one, that have passed into the public domain. "What kind of a place is it? Why it's a TV Studio in 1956 - can't you tell?" ************************************* One out of ten This was a quick little adaptation from a story I read for Atomic Julie's Galactic Bedtime Stories. It didn't take much to adapt, just a few tweaks, and I think I had to add in the actual questions, since that was just a "dot dot dot" in the story. Otherwise, this one basically wrote itself. Atomic Julie, though, was my idea for some filler that has become my secondary series - I read old scifi stories that show up on Project Gutenberg - at gutenberg.org - that public domain treasure house. I started out adding music to the stories, but people expressed a preference for just the reading, so I adapted. Hey one less thing to do, right? Few people realize that I do all Atomic Julie's as cold reads, not even looking at anything but the word count and first page beforehand, as a challenge to myself. It's also good practice. The biggest advantage to Atomic Julie is finding stories to adapt - or stories that inspire new ideas in my head. And then I figured, if I'm going to be reading them anyway, why not read them aloud and then share them with everyone else? ************************************* ONE OUT OF TEN Adapted from a short story by J. Anthony Ferlaine from _Fantastic Universe_ November 1956. Sound and Mastering by Neil Gustin Cast: Olivia - Host Smiling Jim Parsons (M30s), Host Don Phillips (M50s), commercial announcer Freda Dunny (F40) Gertie (F20s) Jim's assistant OLIVIA Did you have any trouble finding it? What do you mean, what kind of a place is it? Why, it's a television studio, in 1956 can't you tell? MUSIC SOUND COMMERCIAL RUNS IN THE BACKGROUND DON PHILLIPS Parlor Quiz! JIM What's on the menu tonight, Gertie? GERTIE We have five possibles. Here. SOUND INDEX CARDS FLIPPED THROUGH GERTIE Don't want to run short again. JIM Noooo. Anything really juicy? GERTIE Let's see - [listing off people] kooky name; too many kids; unusual job - she's a taxidermist; oh, here's one - interesting relative, no details; and this top one you're really gonna want to see. SOUND SNATCH CARD JIM "Ask her where she's from"? GERTIE Guess. JIM I'm no good at guessing. Alaska? GERTIE Nope. JIM Timbuktu? GERTIE Trust me. SOUND FANFARE JIM Holy crow, that's me. [mock teasing] Am I beautiful? GERTIE Turn. Yup. Twenty-four karat gold. JIM That's me! SOUND DOOR OPENS, NOISE LOUDER. FOOTSTEPS UNDER. DON PHILIPS [on P.A.] ... And now, on with the show! And here, ready to test your wits, is your quizzing quiz master, Smiling Jim Parsons. SOUND MUCH APPLAUSE, THEN LOWERS JIM [ON] Good afternoon! Here we go again with another half hour of fun and prizes on television's newest, most exciting, game, 'Parlor Quiz.' In a moment I'll introduce you to our first contestant. But first here is a special message to all you mothers ... SOUND AD PLAYS DON PHILIPS [on P.A.] Children constipated? Ladies, does your child have trouble with irregularity? Issues in the bathroom? Too much toilet paper? You know what I mean - trouble with a lack of movement? Try Maxi-Lax, the mother's little helper for childhood irregularity. Made with the finest England castor beans, our special patented old-world formula helps with relaxation, since often such troubles stem from tension and stress - yes, even in children - though it works just as well for big folks, too! So add Maxi-Law to your shopping list! You can thank us later! Available at your local R-X Druggist! Get that Bull Out of the Ring! Try Maxi-Lax! SOUND APPLAUSE JIM Now which one is-- SOUND WALKING JIM [spotting her] Ah. No mukluks. Not even a crazy hat or wooden shoes. [to her] Mrs. Freda Dunny? FREDA Oh, yes. JIM You're first. FREDA [strangely certain] I know. SOUND AD ENDS JIM [disconcerted] Oh. [up, to camera] Well, now, we're all set to go ... and our first contestant today is this charming little lady right here beside me, Mrs. Freda Dunny. SOUND APPLAUSE JIM How are you, Mrs. Dunny? FREDA Fine! Just fine. JIM All set to answer a lot of questions and win a lot of prizes? FREDA Oh, I'll win all right. SOUND LAUGHTER JIM You sound pretty sure of yourself. [chuckles] Where are you from, Mrs. Dunny? FREDA Mars. SOUND LAUGHTER JIM [a moment, then] Mars! [chuckles] Mars, Montana? Mars, Peru? FREDA [earnest] No, Mars! Up there. The planet Mars. The fourth planet out from the sun. SOUND UNCERTAIN LAUGHTER JIM Well, well... well [rallying] all the way from Mars, eh? And how long have you been on Earth, Mrs. Dunny? FREDA Oh, about thirty or forty years. I've been here nearly all my life. Came here when I was a wee slip of a girl. Not a weekend getaway, then? JIM You're practically an Earthwoman by now, then, wouldn't you say? SOUND LOTS OF LAUGHS JIM Do you plan on going back someday or have you made up your mind to stay here on Earth for the rest of your days? FREDA Oh, I'm just here for the invasion. When that's over I'll probably go back home again. JIM [blank] The... invasion? SOUND AUDIENCE MURMURS FREDA Yes, the invasion of Earth. As soon as enough of us are here we'll get started. JIM You mean there are others here, too? FREDA Oh, yes, there are several million of us here in the United States already--and more are on the way. JIM [faltering a bit, but trying to stay "on"] There are only about a hundred and seventy million people in the United States, Mrs. Dunny. If there are seven million Martians among us, one out of every hundred would have to be a Martian. FREDA Oh, one out of every ten. That's what the boss said just the other day. 'We're getting pretty close to the number we need to take over Earth.' [laughs] SOUND MORE NERVOUS MURMURS, TITTERS JIM What do you need? One to one? One Martian for every Earthman? FREDA Oh, no. One Martian is worth ten Earthmen. The only reason we're waiting is we don't want any trouble. JIM You don't look any different from us Earth people, Mrs. Dunny. How does one tell the difference between a Martian and an Earthman when one sees one? FREDA Oh, we don't look any different. Some of the kids don't even know they're Martians. Most mothers don't tell their children until they're grown-up. And there are other children who are never told because they just don't develop their full powers. JIM Uhh...powers? FREDA Oh, telepathy, thought control--that sort of thing. JIM [back to humor - this is too silly] You mean that Martians can read people's thoughts? FREDA Sure! It's no trouble at all. It's very easy really, once you get the hang of it. JIM [joking] Can you read my mind? FREDA Sure! That's why I said that I'd know the answers. I'll be able to read them in your mind when you look at that sheet of paper. JIM Now, that's hardly sporting, is it, Mrs. Dunny? Everybody else has to do it the hard way and here you are reading it from my mind? FREDA [complacent] All's fair in love and war. JIM Tell me, Mrs. Dunny. Why are you telling me about all this? Isn't it supposed to be a secret? FREDA Why not? Nobody believes me anyhow. Besides, I have my reasons. JIM [grave] Oh, I believe you, Mrs. Dunny. But we need to take a quick break and consult the rules - mind-reading might be fair in love and war, but this is television! SOUND AD COMES ON JIM I'll be right back, Mrs. Dunny. FREDA I know. JIM [really disconcerted] Right. SOUND APPLAUSE SOUND DASHES OFF JIM Gertie? GERTIE I've been on the phone with the big brass. They don't take it very seriously, but they did say I should pull out packet 13 for her. JIM [baffled] Packet 13? GERTIE You know the one sealed and certified, in case of cheats like that fellow a few years back? No one knows a single question in here until we break the seal. JIM But what if she--? GERTIE I asked! They said if she wins - well, gosh she wins. JIM Even if she manages to ace the whole ten? GERTIE Yup. They figure the publicity is worth it. And you're on! SOUND JIM DASHES AGAIN DON PHILLIPS It looks like we have a decision! JIM Well, Mrs. Dunny, we scoured the rulebook, and couldn't find a darn thing to stop you. Guess there's just no precedent for mind-reading. SOUND LAUGHTER FREDA Of course. JIM And now, let's see how you do on the questions. Are you ready? SOUND RIP OF ENVELOPE, CARDS PULLED OUT FREDA Oh, yes! SOUND AUDIENCE MURMURS JIM I should point out, even I haven't seen these questions and answers before this very moment, so there's no possibility of collusion. SOUND APPLAUSE JIM Name the one and only mammal that has the ability to fly. FREDA A bat. JIM Right! Did you read that from my mind? FREDA Oh, yes, you're coming over very clear! FADING INTO MONTAGE SCENE - TICK TOCK MUSIC, FADE OUT BETWEEN EACH PAIR JIM A princess is any daughter of a sovereign. What is a princess royal? FREDA The eldest daughter of a sovereign. SOUND APPLAUSE JIM Is a Kodiak a kind of simple box camera; a type of double-bowed boat; or a type of Alaskan bear? FREDA A bear. SOUND APPLAUSE JIM And finally, who directed the 1925 silent film "The Crowd?" FREDA King Vidor. JIM [shaken] Very good. That was a tough one. Don Phillips, tell the lady what she's won! DON PHILLIPS [in the background] You get a lovely modern cyber-electric garbage disposal and a lovely gas range, provided by Savannah Ranges of Burbank. JIM Gertie? What just happened? GERTIE I dunno! The impossible? SOUND FREDA APPROACHES FREDA Mr. Parsons? Perhaps you could help me carry my prizes to the car. After all this is finished. JIM [almost robotic] Of course. FREDA You're such a nice fellow. GERTIE You're what? [incredulous] Helping? Jim? JIM [snapping back, searching for an excuse] I ... I just have to find out who put her up to this. GERTIE Sure. MUSIC SURGES, THEN RECEDES DON PHILLIPS join us tomorrow for another round of Parlor Quiz! GERTIE Jim! Morty Howard of Savannah Ranges has been calling for the last twenty minutes, to confirm the win, and wants an assurance that he won't have to shell out another one for at least three months. JIM Later. SOUND HE TROTS OFF GERTIE [calling after him] Jim? SOUND OUTSIDE DOOR OPENS. DISTANT TRAFFIC JIM [calling] Mrs. Dunny? FREDA [satisfied chuckle] JIM I want to talk to you! FREDA When do I get the gas stove? JIM uh... It should be delivered in a few days. Did you leave us your address? FREDA Oh, yes. My Philadelphia address, that is. I don't even remember my address at home any more. JIM Come, now, Mrs. Dunny. You don't have to keep up that Mars business now that we're off the air. FREDA It's the truth. JIM But-- FREDA [cutting him off] And I didn't come here just by accident. JIM No? FREDA I came here to see you. JIM Me? SOUND PURSE OPENED, RUMMAGING, PAPER NOISE FREDA Ah, there it is. [up] Yes, I came to see you. And you didn't follow me out here because you wanted to. I commanded you to come. JIM [spluttering but worried] Commanded me to come! What for? FREDA To prove something to you. Do you see this piece of paper? SOUND PAPER SHAKEN JIM It's blank. FREDA Well, that side is. This side has my address. JIM So...? FREDA I am reading the address. Concentrate on what I'm reading. JIM [unable to stop] Two fifty-one South Eighth Street! FREDA You see, it's very easy - once you get the hang of it. JIM Oh. [realizing] Oh! [beat, then kind of pleased] Let me see you home, Mrs. Dunny. I guess we have a lot to talk about. CLOSER OLIVIA Now that you know how to find us, don't be a stranger - we have enough of those already...
Texas native MATTHEW McCONAUGHEY is one of Hollywood’s most sought-after leading men. A chance meeting in Austin with casting director and producer Don Phillips led him to director Richard Linklater, who launched the actor’s career in the cult classic “Dazed and Confused.” Since then, he has won an Academy Award for his portrayal of Ron Woodruff in "Dallas Buyers Club", appeared in over 40 feature films that have grossed over $1 billion; and has become a producer, director, and philanthropist with his just keep livin Foundation – all the while sticking to his Texas roots and “jk livin” philosophy. McConaughey also serves as creative director for Wild Turkey and has co-created his own bourbon, Longbranch. He serves as Minister of Culture/M.O.C. for the University of Texas Athletic Department and The Austin FC Soccer Club, where he is part owner. McConaughey’s first book, Greenlights, was published on October 20, 2020, and was an immediate #1 New York Times bestseller. He currently resides in Austin, Texas, with his wife Camila and their three kids, where he is a professor at the University of Texas in Austin.
Don Phillips cobra pilot VietnamSupport this podcast at — https://redcircle.com/god-country-coffee/donations
Matthew McConaughey — The Power of “No, Thank You,” Key Life Lessons, 30+ Years of Diary Notes, and The Art of Catching Greenlights | Brought to you by Wealthfront automated investing, Helix Sleep mattresses, and Magic Spoon cerealMatthew McConaughey (@McConaughey) is a Texas native and one of Hollywood's most sought-after leading men. A chance meeting in Austin with casting director and producer Don Phillips led him to director Richard Linklater, who launched the actor's career in the cult classic Dazed and Confused. Since then, he has won an Academy Award for his portrayal of Ron Woodroof in Dallas Buyers Club, appeared in more than 40 feature films that have grossed more than $1 billion, and has become a producer, director, and philanthropist with his Just Keep Livin' Foundation—all the while sticking to his Texas roots and "jk livin'" philosophy.McConaughey also serves as creative director for Wild Turkey and has co-created his own bourbon, Longbranch. He serves as Minister of Culture/M.O.C. for the University of Texas Athletic Department and the Austin FC Soccer Club, where he is part owner. McConaughey will launch his first book, Greenlights, on October 20, 2020.He currently resides in Austin, Texas, with his wife Camilla and their three kids while he is a professor at the University of Texas in Austin.Please enjoy!This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $20 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim.*This podcast episode is also brought to you by Helix Sleep! Helix was selected as the #1 best overall mattress pick of 2020 by GQ magazine, Wired, Apartment Therapy, and many others. With Helix, there’s a specific mattress for each and every body’s unique taste. Just take their quiz—only two minutes to complete—that matches your body type and sleep preferences to the perfect mattress for you. They have a 10-year warranty, and you get to try it out for a hundred nights, risk free. They’ll even pick it up from you if you don’t love it. And now, to my dear listeners, Helix is offering up to 200 dollars off all mattress orders plus two free pillows at HelixSleep.com/Tim.*This episode is also brought to you by Magic Spoon Cereal! Magic Spoon is a brand-new cereal that is low carb, high protein, and zero sugar. It tastes just like your favorite sugary cereal. Each serving has 12g of protein, 3g of net carbs, 0g of sugar, and only 110 calories. It’s also gluten free, grain free, keto friendly, soy free, and GMO free. And it’s delicious! It comes in your favorite, traditional cereal flavors like Cocoa, Frosted, and Blueberry.Magic Spoon cereal has received a lot of attention since launching last year. Time magazine included it in their list of Best Inventions of 2019, and Forbes called it “the future of cereal.” My listeners—that’s you—get free shipping and a 100% happiness guarantee when you visit MagicSpoon.com/Tim and use code TIM.***If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. I also love reading the reviews!For show notes and past guests, please visit tim.blog/podcast.Sign 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/timferrissFacebook: facebook.com/timferriss YouTube: youtube.com/timferriss
Richard Perez, Managing Director and Chief Strategist at KLS, A Division of Boston Private is joined by Don Phillips, Chairman and CEO of WP Global Partners. Their discussion covers making good decisions during difficult times, best practices when developing a private equity investment platform and considerations to achieve meaningful returns in private equity.
Don Phillips is the former CEO and a managing director of Morningstar, Inc. who remains involved in corporate strategy and investment research. He joined Morningstar in 1986 as the company’s first mutual fund analyst and soon became editor of its flagship publication, Morningstar Mutual Funds™, establishing the editorial voice for which the company is best known. Don helped to develop the Morningstar® Style Box™, the Morningstar® Rating™, and other innovations that have become industry standards. Investment Advisor magazine named him as one of the most influential people in the financial industry in 2006, and Financial Planning magazine named Phillips one of the planning industry’s “Movers & Shakers” in 2003. Don holds a bachelor’s degree in English from the University of Texas and a master’s degree in American literature from the University of Chicago. This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization's free website is Bogleheads.org and the wiki site is Bogleheads® wiki. Bogleheads sites are operated by volunteers who contribute time and talent. Donations help defray operating costs. Since 2000, the Bogleheads' have held national conferences in major cities around the country and currently meet in Philadelphia in the autumn of each year. There are 56 Local Chapters in the US and three Foreign Chapters that also meet regularly. New Chapters are being added on a regular basis. This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012.
The Bothell Hell House of Washington State Keith Liinder was the victim of paranormal activity in his Bothell, Washington home for four long years. What started out as a dream home, quickly turned into a haunted house of terrors. Thought to be a poltergeist originally, thoughts that this entity could be demonic in nature, were soon confirmed. After the Ghost Adventures paranormal investigation team, including Zac Bagans came to investigate and found nothing, Liinder contacted well known UK paranormal investigator, Don Phillips. Spending a considerable amount of time in the home Phillips confirmed Liinders story. There are in fact demons in Seattle. Want more ghost stories and haunted tales? Be sure to hit SUBSCRIBE and join our facebook group, The Supernatural Tendencies Podcast Group! Live shows, oodles of paranormal stories and you can even get your own Supernatural Tendencies cool t-shirt! https://www.facebook.com/groups/SupernaturalTendenciesParanormalPodcastGroup/
Career Q&A with Matthew McConaughey. Moderated by Jenelle Riley, Variety. Texas native Matthew McConaughey is one of Hollywood's most sought-after leading men. A chance meeting in Austin with casting director and producer Don Phillips led him to director Richard Linklater, who launched the actor's career in the cult classic Dazed and Confused. Since then, he has appeared in over 40 feature films that have grossed over $1 billion; and has become a producer, director, and philanthropist -- all the while sticking to his Texas roots and "jk livin'" ["just keep living"] philosophy. 2012 saw him spotlighted in four diverse performances. He won a Spirit Award for his portrayal of Dallas Rising in Steven Soderbergh's Magic Mike, and was named the year's Best Supporting Actor by both the New York Film Critics Circle and the National Society of Film Critics for his work in Magic Mike and Richard Linklater's Bernie. Mr. McConaughey also received acclaim for his performance in Lee Daniels' The Paperboy, and was a Spirit Award nominee for playing the title role in William Friedkin's Killer Joe. April 2013 saw the release of Jeff Nichols' Mud, which received rave reviews and was a sleeper hit in the national box office top 10 for five weeks. He stars opposite Leonardo DiCaprio in Martin Scorsese's The Wolf of Wall Street, opening in November 2013. In the first quarter of 2014, he will be seen starring alongside Woody Harrelson in the HBO dramatic series True Detective. Mr. McConaughey is currently at work filming Interstellar, directed by Christopher Nolan, for release in November 2014. His other films include Brad Furman's The Lincoln Lawyer; Mark Waters' Ghosts of Girlfriends Past, with Jennifer Garner of Dallas Buyers Club; Ben Stiller's Tropic Thunder; Andy Tennant's Fool's Gold; McG's We Are Marshall; Tom Dey's Failure to Launch; Dan Gilroy's Two for the Money; Donald Petrie's How to Lose a Guy in 10 Days; Rob Bowman's Reign of Fire; Jill and Karen Sprecher's Thirteen Conversations About One Thing; Bill Paxton's Frailty; Adam Shankman's The Wedding Planner; Jonathan Mostow's U-571; Ron Howard's EDtv; Richard Linklater's The Newton Boys; Steven Spielberg's Amistad; Robert Zemeckis' Contact; Joel Schumacher's A Time to Kill; and John Sayles' Lone Star. He earned a People's Choice Award for Sahara, directed by Breck Eisner, the first feature made by his production company j.k. livin productions. In 2008, Mr. McConaughey started The just keep livin Foundation (www.jklivinfoundation.org), which is dedicated to helping boys and girls transform into men and women through programs that teach the importance of decision-making, health, education, and active living. The Foundation has partnered with Communities in Schools (CIS) -- the nation's largest, non-profit, dropout-prevention organization -in West Los Angeles to implement fitness and wellness programs in two large urban high schools. Through an afterschool program, they are able to give kids a healthy start in life and the promise of a healthy future.
This week's guest on The Long View is financial advisor Harold Evensky, who Morningstar managing director Don Phillips has often called the "dean of financial planning." Evensky is chairman of Evensky & Katz/Foldes Financial, and he's a retired professor of personal financial planning at Texas Tech University. Evensky has been extremely active in the planning community during his career. He's the past chairman of the International CFP Council, the CFP Board of Directors, the CFP Council on Examinations, and the Board of Appeals. Evensky is a frequent public speaker and has authored several books, including The New Wealth Management. During the course of this conversation, he weighed in on the SEC's newly approved Regulation Best Interest, calling it an "unmitigated disaster." He also discussed asset allocation leading up to and in retirement, his firm's application of a core/satellite approach, and different business models for financial advice. Show Notes and References Background (0:18-0:57) • Harold Evensky bio • Evensky & Katz/Foldes Financial • Personal Financial Planning Department, Texas Tech University • Financial Planning Standards Board Council (formerly known as "International CFP Council") • CFP Board of Directors (formerly "Board of Governors") • CFP Council on Examinations (formerly "Board of Examiners") • The New Wealth Management: The Financial Advisor's Guide to Managing and Investing Client Assets (CFA Institute Investment Series Book 28) by Harold Evensky • Books by Harold Evensky Evensky explains why his practice opted to charge clients a percentage of assets under advisement instead of an annual retainer: "An unmitigated disaster." (0:58-2:51) How Evensky and his fellow practitioners spend their time: "It's all built around the planning." (2:52-4:02) On the firm's receptiveness to younger clients with less assets to advise: "Absolutely yes." (4:03-4:40) The future: Comprehensive, modular financial planning. (4:41-6:49) On the commodification of financial advice: "To the general public … it pretty much looks like the same service." (6:50-7:37) On robo-advice: "Our conclusion was ... it's dangerous." (7:38-11:15) • "The Efficacy of Publicly Available Retirement Planning Tools" by Taft Dorman, Barry S. Mulholland, Qianwen Bi, and Harold Evensky (Oct. 9, 2018). Helping clients navigate turbulence: "Our goal is to call the client before they call us." (11:16-12:15) The critical importance of communicating with clients: "Brokers and, much to my surprise, trust officers … hide under their desks." (12:16-13:02) Where risk tolerance and client-specific circumstances come to the fore and human capital and age take a back seat: "Everything calls for a customized mix." (13:03-15:25) • Human Capital "That's horribly inefficient." How Evensky came to embrace the simplicity of the core-and-satellite approach to portfolio construction. (15:26-19:27) Evensky's construct for "explore" positions: "It can be most anything." (19:28-20:37) Value's dry spell: "The basic concept of the value premium remains viable." (20:38-22:19) • Dimensional Fund Advisors Permanent impermanence: How Evensky and his colleagues grapple with investing ephemera. (22:20-23:58) Global diversification: "We've always believed in an international exposure." (23:59-25:45) • Home-bias definition • Market capitalization of listed companies in current prices Risk tolerance and return needs drive strategic asset-allocation decisions: "Our maximum equity allocation is 80%." (25:46-27:53) "Rebalancing is an immensely powerful tool, painful though it is in the short-term." (27:54-30:44) Human capital's influence on the planning process: Car salesman versus tenured professor. (30:45-32:42) Ramping up equity exposure through retirement: "Intellectually I think it's very sound research; but from a behavioral standpoint I don’t think it's realistic." (32:43-34:24) • "Reducing Retirement Risk With a Rising Equity Glide Path" by Wade D. Pfau and Michael Kitces (Sept. 12, 2013) . The simple two-bucket approach: "My experience is the relatively small opportunity costs (associated with the bucketing approach) are way outweighed by the behavioral benefits." (34:25-38:24) • Testimony of Deena Katz, CFP, on "Boomer Bust? Securing Retirement in a Volatile Economy" before the Senate Special Subcommittee on Aging, Feb. 25, 2009 (see Page 7 for "paycheck syndrome"). Time- and goals-based bucketing: "A great deal of appeal but they don't make any sense." (38:25-39:19) How the complexion of retirement has changed: People will have to work longer. (39:20-41:32) "Where's the protection of the investor?" Evensky takes a dim view of the SEC's just-finalized Regulation Best Interest measure. (41:33-43:34) • "A New Rule Won’t Make Your Broker an Angel" by Jason Zweig, The Wall Street Journal, May 31, 2019. Competency standards: Professionalism subsumes competency. (43:35-46:57) About the Podcast: The Long View is a podcast from Morningstar. Each week, hosts Christine Benz and Jeff Ptak conduct an in-depth discussion with a thought leader from the world of investing or personal finance. The podcast is produced by George Castady and Scott Halver. About the Hosts: Christine Benz and Jeff Ptak have been analysts and commentators on investments and the investment industry for many years. Christine is Morningstar's director of personal finance and senior columnist for Morningstar.com. Jeff is head of global manager research for Morningstar Research Services, overseeing Morningstar's team of 120 manager research analysts in the U.S. and overseas. To Share Feedback or a Guest Idea: Write us at TheLongView@morningstar.com
This week on the podcast, we are celebrating Morningstar’s 35th Anniversary with a roundtable discussion between founder and executive chairman Joe Mansueto, Morningstar managing director Don Phillips, and Morningstar CEO Kunal Kapoor about Morningstar’s past, present and future. Stay tuned after the discussion for a brief video about what it means to us to empower investor success.
This week on the podcast, we are celebrating Morningstar’s 35th Anniversary with a roundtable discussion between founder and executive chairman Joe Mansueto, Morningstar managing director Don Phillips, and Morningstar CEO Kunal Kapoor about Morningstar’s past, present and future. Stay tuned after the discussion for a brief video about what it means to us to empower investor success.
Our guest for this week's installment of The Long View podcast is Morningstar managing director Don Phillips. Don was Morningstar's first mutual fund analyst and eventually became CEO of the firm; he established Morningstar's independent voice and mentored scores of analysts. He also helped develop many of the tools that investors today take for granted, such as the Morningstar Style Box and the Morningstar Rating for stocks (also known as the star rating). Throughout his career Don has worked to enact positive change in the fund industry, speaking out on issues such as misleading advertising and high-fee funds as well as the need for better shareholder disclosures. In this broad-ranging interview, Don discusses his path from a paper boy investor in Templeton Growth Fund to a job analyzing mutual funds at Chicago startup Morningstar in the mid-1980s. He also opines on the industry's evolution from the opaque, sales-driven culture that he encountered 30-plus years ago to its current emphasis on transparency and very low costs. Early influences • The paper-boy years: Don’s early investing influences (1:40) • The magic of mutual funds: “Sir John Templeton is my personal money manager” (2:45) • “I had gotten married”: How an aspiring literature professor became Morningstar’s first mutual-fund analyst (4:00) Building Fund Research • “Dark days”: What it was like in the fund industry of the 1980s (5:20) • Democratizing data: When the freshest fund stats were nine months old (7:10) • Getting them to answer the phone: How Morningstar’s fund database was built (8:30) • “Putnam wouldn’t talk to us”: How pull demand (i.e., a reporter’s background notes) changed that (9:45) • “My first job was to read 777 mutual fund prospectuses” (11:20) • Don’s “el-train” indoctrination to investing (12:10) • “Not interested (click)”: Opening doors in the early days (13:00) • “It’s who you surround yourself with”: How to build a team (14:20) • “Their funds are better than some, not as good as others…”: Morningstar’s approach to serving the financial journalists that called on it (16:10) • “They found us”: Connecting with our audiences, finding our voice (17:00) Analyzing Funds, Finding Our Voice • “Let’s add a gold fund”: Behind the development of the Morningstar Style Box (18:00) • “You had to be an insider to know that Windsor was a value fund and Janus was a growth fund”: Turning the tables on fund-company marketers (19:05) • “Lies, Damn Lies, and Fund Advertisements”: Facing down a fund company’s libel suit (21:45) Achieving Better Outcomes • Low-cost trend means “better and better deals for the investor” but beware unintended consequences (23:00) • It’s not the only thing: “You can have a low-cost portfolio that’s wildly inappropriate for an investor that leads to a disastrous outcome” (25:00) • “We’re all in the behavior-modification business”: Helping people chart a path to their goals (26:40) • “I would have closed the (Vanguard) Growth Index Fund”: How the experience you create for investors determines your success in the fund industry (36:30) • Avoiding the “arms-dealer mentality”: How fund companies can ensure investors have better experiences (39:30) • “The best thing I can do for my clients…is to go on vacation”: On the wisdom of investing without tinkering, and the hazards of information overload (41:00) Active vs. Passive Investing (and Remembering Jack Bogle) • “Passive is getting more active every day”: Finding ways to evaluate algorithms and indexes (28:00) • “Jack is very much with us today”: Remembering Jack Bogle and his impact on investors and Morningstar (29:10) • “You can’t get away from arithmetic”: If cost is the enemy then investors probably aren’t overdoing it in fleeing active funds for passive (31:30) • “To me it’s not an either/or battle”: Don on the mix of active and passive funds in his personal portfolio (32:50) • Personalization as the new active: “The art of investing is matching investment to investor” (35:00) The Future of Funds, Advice, and Research • Imagining the fund industry in 10 years (and its similarity to the music business’s radical transformation): “It may be that the mutual fund is like the old LP” (42:20) • “Investors have a right to know” the ESG consequences of where their money is going (45:00) • “Digitizing process”: Using big data to assess the investment process (46:10) • “When you’re reading literature, you’re seeing the world through different eyes”: The importance of diversity to decision-making and life (47:30) • “Put it on a little piece of paper and put it in a drawer”: How investment committees can avoid knee-jerk reactions and make better decisions (48:30) • “The art of investing is the match between investment and investor”: New frontiers in fund research (52:00) • “There is fee pressure, but there’s also a lot of satisfaction”: How the advice industry evolves amid automation and declining prices (56:30) • “Fiduciary standards in general are hard to enact”: The intentions are good, but beware bureaucracy, red tape, and unintended consequences (58:30) References • Don Phillips, recipient of 2016 Matthew R. McArthur Industry Pioneer Award https://investmentsandwealth.org/news-room/2016/imca-awards-recognize-outstanding-achievement • Sir John Templeton https://www.templeton.org/about/sir-john • Wall Street Week https://www.youtube.com/watch?v=3ADn7V_l4Ws • Joe Mansueto https://www.morningstar.com/company/about-us/joe • Don’s love of the liberal arts, literature, and business https://grahamschool.uchicago.edu/news/how-liberal-arts-thrive-business-world • Don Phillips, “Reflections on Fund Management, Five Lessons from 25 Years” http://www.imas.org.sg/uploads/media/2012/10/31/519_100907_Reflections_on_Fund_Management_Five_Lessons_from_25_Years_Sep11.pdf • The Wiesenberger Books https://www.ifa.com/articles/arthur_wiesenberger_morningstar/ • Morningstar Mutual Fund Sourcebook https://images.app.goo.gl/LgzRCxK9Q3Bu77WC9 • Charles Royce https://www.roycefunds.com/people/chuck-royce • The Morningstar Style Box http://www.morningstar.com/InvGlossary/morningstar_style_box.aspx • Vanguard Windsor Fund https://www.morningstar.com/funds/xnas/vwndx/quote.html • Court of Appeal, Second District, Division 7, California.; Morningstar, Inc., and Don Phillips, Petitioners, v. SUPERIOR COURT of the State of California, for the County of Los Angeles, Respondent. PILGRIM GROUP, INC., Real Party In Interest; No. B075691. https://caselaw.findlaw.com/ca-court-of-appeal/1769980.html • ESG Investing https://www.morningstar.com/company/esg-investing • Morningtar Blog: Sustainable Investing https://www.morningstar.com/blog/tag/sustainableinvesting • Janus Funds, Super Bowl XXXI (1997), “Eyes” ad https://adage.com/videos/janus-funds-eyes/1024 • “The Evolution of Robo-Advisors”, Morningstar blog (July 2018) https://www.morningstar.com/blog/2018/07/11/robo-advisors.html • “The Importance of Asset Allocation” by Roger G. Ibbotson, Financial Analysts Journal, May/June 2010 https://www.cfapubs.org/doi/abs/10.2469/faj.v66.n2.4 • “Why Diversity and Inclusion Matter to Investors” by Dan Lefkovitz, Morningstar blog, Dec. 18, 2018 https://www.morningstar.com/blog/2018/12/18/diversity-inclusion.html • Cathy Odelbo https://www.morningstar.com/company/about-us/catherine • John Rekenthaler https://www.morningstar.com/articles/archive/208/articles-by-john-rekenthaler.html • Lori Lucas https://www.ebri.org/about/staff/lori-lucas-cfa • A Global Guide to Strategic-beta Exchange-Traded Products https://www.morningstar.com/lp/global-guide-to-strategic-beta • “Strategic-Beta Exchange-Traded Products Continue to Grow, but Show Signs of Maturity” by Ben Johnson, Morningstar blog, Mar. 27, 2019 https://www.morningstar.com/blog/2019/03/27/strategic-beta-etp.html • “Vanguard Founder Jack Bogle Passes Away” by Dan Culloton and Alec Lucas, Morningstar.com https://www.morningstar.com/articles/908054/vanguard-founder-jack-bogle-passes-away.html • Invesco QQQ Trust (which tracks the Nasdaq 100 Index) https://www.morningstar.com/etfs/xnas/qqq/quote.html • Jack Brennan, former Vanguard CEO [to find] https://en.wikipedia.org/wiki/John_J.Brennan(businessman) • Sheryl Garrett https://garrettplanningnetwork.com/about/team
Join Ken and Brian as they talk hunting, fishing, and the great outdoors with Missouri State Representative, and avid outdoorsman, Don Phillips.
Dose of Leadership with Richard Rierson | Authentic & Courageous Leadership Development
INTERNATIONALLY ACCLAIMED WRITER & AUTHOR: Best-selling author of major works of nonfiction, Don Phillips is known for his ability to tell stories and bring history alive with crisp compelling prose. His trilogy on American leadership (Lincoln On Leadership, The Founding Fathers On Leadership, Martin Luther King, Jr. On Leadership) has won worldwide acclaim. His first book, Lincoln On Leadership, helped ... Read More
Don Phillips joins Bob and Elizabeth on this weeks APRHF Let's Talk Trains show. We will be talking about railfan photography and Amtrak. Please join us at 10:00 AM Pacific, 11:00 AM Mountain, 12:00 NoonCentral, 1:00 PM Eastern at 646-716-7106 or on the web at http://www.letstalktrains.com.
- Don Phillips, President of Fund Research at Morningstar Moe also discusses the implication of recent market positive moves. Please call 1-800-388-9700 for more detail.
Trains Magazine columnist Don Phillips will be Bob and Elizabeth's guest on Saturday's show. He has covered transportaion for many years including the formation of Amtrak and Conrail and deregulation. Mr Phillips has covered every major train wreck and airline crash since 1989. In addition he has written about international transportation issues for the International Herald Tribune. Mr. Phillips retired from daily reporting in 2006 but still writes several magazine columns including Trains Magazine, where he has written a transportation column for the last 35 years