Podcasts about drawdowns

In this episode of Two and a Half Gamers, we run Steam Scanner to look at the latest PC games that are quietly exploding in revenue.Why does this matter for mobile?Because some of the biggest mobile hits originally came from PC trends first. Studios that watch Steam early often get a 12–24 month head start on mechanics that later dominate mobile charts.We break down several surprising titles, including Escape From Duckoff, which generated nearly $70M, and discuss why quirky concepts, niche genres, and experimental mechanics on Steam often become the next big opportunity for mobile studios.If you want to know what mobile games might look like in 1–2 years, Steam is still one of the best places to look.Get our MERCH NOW: 25gamers.com/shop--------------------------------------PVX Partners offers non-dilutive funding for game developers.Go to: https://pvxpartners.com/They can help you access the most effective form of growth capital once you have the metrics to back it.- Scale fast- Keep your shares- Drawdown only as needed- Have PvX take downside risk alongside you+ Work with a team entirely made up of ex-gaming operators and investors---------------------------------------For an ever-growing number of game developers, this means that now is the perfect time to invest in monetizing direct-to-consumer at scale.Our sponsor FastSpring:Has delivered D2C at scale for over 20 yearsThey power top mobile publishers around the worldLaunch a new webstore, replace an existing D2C vendor, or add a redundant D2C vendor at fastspring.gg.---------------------------------------This is no BS gaming podcast 2.5 gamers session. Sharing actionable insights, dropping knowledge from our day-to-day User Acquisition, Game Design, and Ad monetization jobs. We are definitely not discussing the latest industry news, but having so much fun! Let's not forget this is a 4 a.m. conference discussion vibe, so let's not take it too seriously.Panelists: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jakub Remia⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠r,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Felix Braberg, Matej Lancaric⁠Podcast: Join our slack channel here: https://join.slack.com/t/two-and-half-gamers/shared_invite/zt-2um8eguhf-c~H9idcxM271mnPzdWbipgChapters00:00 A $70M Steam Surprise01:05 Intro – The Steam Scanner02:05 Why Steam Trends Matter For Mobile04:15 Escape From Darkhoff Breakdown07:10 Why Weird Steam Games Win10:20 Steam Mechanics Mobile Studios Should Watch14:05 The Next Wave Of Mobile Inspiration18:20 Genre Experiments Working On Steam22:30 What Mobile Studios Usually Miss26:10 Which Games Could Actually Port To Mobile30:15 Final Thoughts & Biggest Opportunities---------------------------------------Matej LancaricUser Acquisition & Creatives Consultant⁠https://lancaric.meFelix BrabergAd monetization consultant⁠https://www.felixbraberg.comJakub RemiarGame design consultant⁠https://www.linkedin.com/in/jakubremiar---------------------------------------Please share the podcast with your industry friends, dogs & cats. Especially cats! They love it!Hit the Subscribe button on YouTube, Spotify, and Apple!Please share feedback and comments - matej@lancaric.me---------------------------------------If you are interested in getting UA tips every week on Monday, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠lancaric.substack.com⁠⁠⁠⁠⁠⁠ & sign up for the Brutally Honest newsletter by Matej LancaricDo you have UA questions nobody can answer? Ask ⁠⁠⁠⁠⁠⁠⁠⁠Matej AI⁠⁠⁠⁠⁠⁠ - the First UA AI in the gaming industry! https://lancaric.me/matej-ai

The Mobile Game That Makes Money… But nobody understands why. Well, we kinda do. In this episode of Two and a Half Gamers, we dive into one of the strangest successful mobile games they've seen recently: Cell Survivor.The game looks confusing, the onboarding is painful, and the design feels chaotic. Yet somehow it's making serious money, especially in Asian markets.So the team breaks down what's actually happening under the hood.They discuss the game's unusual progression systems, monetization design, Asian-first market strategy, and how games like this manage to scale despite confusing UX and questionable gameplay clarity.Sometimes mobile gaming success is not about polish.It's about understanding the right audience and scaling the right mechanics.Get our MERCH NOW: 25gamers.com/shop--------------------------------------PVX Partners offers non-dilutive funding for game developers.Go to: https://pvxpartners.com/They can help you access the most effective form of growth capital once you have the metrics to back it.- Scale fast- Keep your shares- Drawdown only as needed- Have PvX take downside risk alongside you+ Work with a team entirely made up of ex-gaming operators and investors---------------------------------------For an ever-growing number of game developers, this means that now is the perfect time to invest in monetizing direct-to-consumer at scale.Our sponsor FastSpring:Has delivered D2C at scale for over 20 yearsThey power top mobile publishers around the worldLaunch a new webstore, replace an existing D2C vendor, or add a redundant D2C vendor at fastspring.gg.---------------------------------------This is no BS gaming podcast 2.5 gamers session. Sharing actionable insights, dropping knowledge from our day-to-day User Acquisition, Game Design, and Ad monetization jobs. We are definitely not discussing the latest industry news, but having so much fun! Let's not forget this is a 4 a.m. conference discussion vibe, so let's not take it too seriously.Panelists: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jakub Remia⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠r,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Felix Braberg, Matej Lancaric⁠Podcast: Join our slack channel here: https://join.slack.com/t/two-and-half-gamers/shared_invite/zt-2um8eguhf-c~H9idcxM271mnPzdWbipgChapters00:00 Chinese Humor & First Impressions01:13 Intro – What Is Cell Survivor?02:00 Why This Game Is Making Money04:10 First Gameplay Reactions06:40 Painful Onboarding Experience09:20 The Idle Reward System12:10 Asian Market Design Philosophy15:20 Why UX Doesn't Matter Here18:30 Monetization Structure21:40 Why This Works In Asia24:30 Western Audience vs Asian Players27:00 UA Strategy Discussion30:10 Dragon-Style Creative Strategy33:10 Rush Royale Comparison35:40 Final Thoughts---------------------------------------Matej LancaricUser Acquisition & Creatives Consultant⁠https://lancaric.meFelix BrabergAd monetization consultant⁠https://www.felixbraberg.comJakub RemiarGame design consultant⁠https://www.linkedin.com/in/jakubremiar---------------------------------------Please share the podcast with your industry friends, dogs & cats. Especially cats! They love it!Hit the Subscribe button on YouTube, Spotify, and Apple!Please share feedback and comments - matej@lancaric.me---------------------------------------If you are interested in getting UA tips every week on Monday, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠lancaric.substack.com⁠⁠⁠⁠⁠⁠ & sign up for the Brutally Honest newsletter by Matej LancaricDo you have UA questions nobody can answer? Ask ⁠⁠⁠⁠⁠⁠⁠⁠Matej AI⁠⁠⁠⁠⁠⁠ - the First UA AI in the gaming industry! https://lancaric.me/matej-ai

Die Märkte haben in den letzten Tagen wieder gezeigt, wie schnell „Risiko“ zurück auf die Agenda kommt: Geopolitik als Treiber, Energieabhängigkeiten in Asien, Europas strukturelle Schwächen und zugleich die Frage, wie Inflation, Zinsen und Staatsverschuldung in dieses Bild hineinspielen. Tobias Kramer und Christian W. Röhl (Chief Economist von Scalable Capital) ordnen das ein: Was davon ist fundamental? Was ist Momentum? Und warum sind exakte Prognosen bei Zinsen und Währungen in solchen Phasen oft eher Nebelwand als Orientierung? Im zweiten Teil geht es um Struktur, in der Analyse und fürs Vermögen: Tobias und Christian schauen auf Ray Dalios All-Weather-Portfolio als Framework, das Renditetreiber entlang von Wachstum und Inflation denkt. Was hat der Ansatz in den letzten Jahren geliefert? Wo kam die Stabilität her? Welche Bausteine müsste man heute pragmatischer aufsetzen? Ist Gold weiterhin ein Thema? Wie kann man Anleihen vernünftig und risikokonform abdecken? Zum Schluss wird es praktisch: eine verdichtete „Vier gewinnt“-Variante mit klarer und sehr kostengünstiger Rebalancing-Regel (Schwellen statt Kalender) – als Beispiel dafür, wie strategische Asset-Allokation über lange Zeiträume Volatilität und Drawdowns reduzieren kann, auch wenn man dadurch nicht in jeder Phase „optimal“ liegt. Ziel ist wie üblich Orientierung: Nicht unbedingt Recht behalten in fünf Tagen – sondern eine tragfähige Portfolio-Logik über Jahre einsetzen!

What if you built a puzzle game in the most crowded genre on earth……and scaled it to 5M downloads per month?In this episode, we sit down with Vlad from Malpa Games and Ritzki from PVX Partners to unpack:Why Malpa focused on production before ideas90%+ ad revenue strategyWhy is ad tolerance in puzzles insanely highHow Cardscapes grew 200% month over monthWhy AppLovin ROAS campaigns are the scaling engineHow UA cohort financing unlocked aggressive growthThe truth about incentivized traffic in ad-heavy gamesWhy retention beats everything in ad monetized scalingThis is not a flashy hybrid casual story.This is disciplined production, AB testing, and pure operational excellence.

D2C Trends 2026: Steering is still allowed in the US. No fees (for now). But that window is closing. In this episode, we sit down with Chip Thurston from FastSpring to break down:The current state of D2C in the USJapan's 15–20% platform feesBrazil joining the partyApple's 7-day attribution windowGoogle's 24-hour windowWhy this might actually increase D2C adoptionHow to treat web shops like e-commerce brandsWhy hybrid monetization is the real playThis isn't theory.This is how publishers are thinking about 2026.

This episode is special. We sit down with Akin Babayigit — early Facebook gaming, Audience Network launch team, King, co-founder of Tripledot, investor at Arcadia — to talk about what actually builds winning game studios.We go deep into:Why Pixelflow explodedWhy Match Villains keeps growingWhy China, Turkey & Vietnam are aheadWhy copying doesn't kill winnersWhy are ads misunderstood?Why execution beats everythingAnd why is there no such thing as an “end game” in your careerThis is not surface-level advice. This is 15+ years of pattern recognition distilled into one conversation.

Bitcoin Boomers Ep. 05: "Once in a Lifetime Opportunity" - Surviving Bitcoin's 50% Drawdown & Why It's Not Too Late | Lawrence Lepard, Bob Burnett, Gary LelandIs Bitcoin dead after crashing 50% from $125K highs to $67K in early 2026? In this explosive solo episode of Bitcoin Boomers, hosts Lawrence Lepard, Bob Burnett, and Gary Leland—veteran Bitcoiners with decades of market cycles under their belts—break down the FUD, volatility, and massive upside ahead. Larry declares Bitcoin a "once in a lifetime opportunity to build enormous wealth," emphasizing how drawdowns like this are normal for a volatile commodity outpacing gold and silver. Bob exposes mining realities setting a $50K-55K price floor, while Gary shares real-talk from Bitcoin meetups: seasoned HODLers aren't panicking—they're buying the dip. They dismantle media myths like Bitcoin for criminals (spoiler: it's traceable AF), ETF impacts on trading behavior, and why new investors chase highs and sell lows. Amid global economic shifts, fourth turning predictions, and governance debates, they orange-pill boomers: understand cycles, dollar-cost average, and HODL through the noise. With AI needing Bitcoin as its currency and hyperinflation looming from endless printing, this is your blueprint to escape fiat's collapse. Stack sats now—Bitcoin's asymmetry could turn $67K into $1M+ by 2032. Don't miss insights on quantum FUD, network effects, and why Bitcoin's not broken, just misunderstood.Key Topics:Bitcoin's media reputation & criminal use mythsMarket sentiment, volatility, and 50-70% drawdownsBitcoin as a commodity: Production costs & price floorsInvestor psychology: Fear, greed, and chasing highsETFs, trading pitfalls, and new investor challengesGovernance evolution & future protocol changesCommunity resilience at meetups and conferencesFourth turning: Economic reforms & Bitcoin's roleAsymmetric returns & long-term HODL strategiesMining updates, hash rate trends, & AI pivotsChapters:00:00:00 Cold Open – Opportunity & Drawdowns00:00:44 Nancy Guthrie & Bitcoin Reputation Myths00:06:11 Finding Experts Amid Media Noise00:10:15 Institutional Bitcoin Wake-Up Calls00:12:14 Traceability & Criminal Use FUD00:15:44 Volatility & Investor Psychology00:19:11 Valuation Models & Price Floors00:24:05 Liquidity & Future Surges00:27:27 Human Nature in Investing00:30:03 Quantum FUD & Governance00:35:48 Hash Rate & AI Pivots00:39:51 Commodity Challenges00:42:22 Mining Cycles & Timing00:49:34 HODLing Strategies00:52:47 Community Sentiment00:57:09 ETF Impacts & Trading Pitfalls01:01:08 Cycle Dampening01:05:36 Halving & Network Usage01:09:07 Quantum Resistance & BIP-11001:12:52 Global Shifts & Hope01:16:24 Orange-Pilling Boomers01:20:14 Power, Trust & Reforms01:27:10 Bit Block Boom PreviewSupported By:Blockstream Jade: Easy, open-source Bitcoin-only cold storage. Get 10% off with code BOOMERS at blockstream.com.Unchained Signature: Premium custody for serious holders. 10% off first year with code BOOMERS10 at unchained.com/btcboomersAbundant Mines: Fully managed Bitcoin mining. Learn more at abundantmines.comBITCOIN WELL is the best place to buy Bitcoin in Canada and the USA.Visit BITCOINWELL.COM/BTCSESSIONSBook Private Sessions: Master Bitcoin with experts at btcmentor.io. Hosts:Lawrence Lepard (@LawrenceLepard): Author of "The Big Print" Bob Burnett (@boomer_btc): Founder/CEO of Barefoot MiningGary Leland (@GaryLeland): Founder of Bit Block Boom Bitcoin Conference.Check Out the Previous Episode w/ John Heubusch: https://youtu.be/OlNUwAvlI-4#bitcoin #bitcoinboomers #bitcoinvolatility #bitcoininvestment #marketcrash #drawdown #bitcoinmining #hodl #fourthturning #bitcoinfud #bitcoinprice #etfbitcoin #commoditytrading #bitcoincommunity #garyleland #lawrencelepard #bobburnett #btc #bitcoinadoption #bitcoinrevolution #fiatcollapse #soundmoney #hyperinflation #bitcoin2026

When Dave Mabe backtested his strategy, it outperformed his own discretionary trading — and changed how he approached everything. In this episode, we discuss gapping breakouts, expectancy, systematic trading, drawdowns, and the reality gap between backtests and live execution. A practical conversation for traders serious about building durable edge. In this episode, we explore: ·        How Dave got introduced to markets: From early exposure to investing through his family to actively seeking more control over his capital and moving from swing trading into day trading. ·        Why rules matter: The transition from discretionary decisions to systematic frameworks — and why trading without a process is a fast path to inconsistency. ·        Backtesting as a “superpower”: What backtesting really does for strategy development and confidence in your edge. ·        Reconciling backtests with real life: Practical realities of execution, slippage, and market structure — and how to build a feedback loop so your live results get closer to your imulations. ·        Drawdowns and mindset: How to handle periods where a strategy doesn't behave as expected, and why many traders quit in drawdowns rather than at all-time highs. ·        Scaling a trading business: The difference between scaling size versus scaling breadth — and why uncorrelated strategies matter. ·        Practical first step for systematic traders: How to start adding structure to your trading with backtesting, even if you're not a programmer.   About the guest:   Dave has been a professional trader and technologist for over two decades. As a former CTO of Trade-Ideas, he has unique experience at the intersection of algorithm design, real-time market data, and automated execution. Outside trading, he writes a popular daily newsletter on backtesting and systematic strategy development, and hosts the Line Your Own Pockets podcast focused on systematic approaches to markets. Links + Resources: · Link to Better Backtesting —Dave's free multi-day email course on building strategies and improving them over time. · Trade-Ideas, Amibroker, RealTest — examples of backtesting and strategy development platforms discussed in context.   Sponsor of Chat With Traders Podcast:  Trade The Pool:  http://www.tradethepool.com Time Stamps: Please note: Exact times will vary depending on current ads. 00:00 Intro and Background 08:29 Stock Selection and Systematic Trading Rules 11:32   Position Sizing, Expectancy and Risk Management 16:50   Discovering Backtesting and First Backtests 18:40   Backtesting Principles, Sample Size and Common Pitfalls 20:34   Gradual Automation and Live Trading Implementation 22:17   Trading Journal and Reconciling Backtest vs Live 27:27   Scaling through Automation: More Trades, Better Results 29:26   Drawdowns, Psychology and Handling Setbacks 34:14   Tools, AI and Software for Backtesting and Coding 39:56   Common Trading Myths Debunked (Partials, Stops) 48:01   Getting Started: Practical Steps, Resources and Closing   Trading Disclaimer:   Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Kline is the COO & Co-Founder of Bitcoin IRA. In this conversation, we discuss how wealthy investors use retirement accounts to reduce taxes, why volatility can create opportunities like Roth conversions, and the mistakes people make by holding assets in the wrong account. We also cover bitcoin in retirement portfolios, estate planning strategies, and how macro conditions like inflation, deflation, and Fed policy may impact long-term asset allocation.========================Award-winning Fountain Life - Energy supercharged. Memory sharper. Life extended. Ready for the best investment you'll ever make? Schedule a life-changing call at FountainLife.com/Pomp Get $1,000 off the cost of a life-changing membership with Fountain Life when you schedule a call at FountainLife.com/pomp========================Simple Mining makes Bitcoin mining simple and accessible for everyone. We offer a premium white glove hosting service, helping you maximize the profitability of Bitcoin mining. For more information on Simple Mining or to get started mining Bitcoin, visit https://www.simplemining.io/========================Arch Public is an agentic trading platform that automates the buying and selling of your preferred crypto strategies. Sign up today at https://www.archpublic.com and start your automated trading strategy for free. No catch. No hidden fees. Just smarter trading.========================0:00 - Intro1:55 – How to use the tax code to get in better position2:51 – How 401(k)s replaced pensions (why it mattered) 6:20 – Tax advantages of non-W2 income & retirement accounts 9:08 – Long-term asset allocation & bitcoin in retirement 13:12 – Using Roth conversions during bitcoin drawdowns 21:10 – How taxes create massive long-term performance drag 22:39 – Borrowing against bitcoin instead of selling 28:29 – Inflation, deflation, & why government data lags reality 33:15 – What macro headwinds mean for assets and portfolios 36:38 – Bitcoin IRA tools, incentives, & next steps

What if the best investing edge isn't a chart pattern… but a business model?Jim Iuorio and Bob Iaccino sit down with John Tinsman (Founder, AOT Invest) to break down why “low marginal cost” companies have dominated for decades—and how his ETF AOTG is built to target them.In this episode, John explains the core thesis behind AOTG: prioritize high-growth, profitable businesses where the cost of serving the next customer is near-zero—then rebalance to keep growth high while lowering valuation metrics. We also dig into drawdowns, bear-market questions, why Apple isn't always “growth,” and how passive market-cap indexing can distort allocations at exactly the wrong times.What you'll learn:- Why “low marginal cost” is the hidden driver behind mega-winners (Visa, Microsoft-style economics)- Why John focuses on profitable growth (and avoids speculative “story stocks”)- How AOTG thinks about valuation (why Palantir got cut, why cheaper faster growers can win)- What happens in a sharp tech selloff and how AOTG handles slowdowns / profitability changes- Why John believes today's Nasdaq is not the Nasdaq of 2000- Rebalance cadence, portfolio turnover, and what can hurt this strategyTimestamps:00:00 – Welcome + why Jim is laser-focused on portfolio construction now02:05 – From investing in high school → building AOTG05:02 – “Low marginal cost”: what it is (and why Ford ≠ Visa)07:32 – Tech disruption risk + why moats form anyway09:44 – Why John avoids small/mid caps + stock-based comp dilution13:26 – Drawdowns, volatility, and why fundamentals matter17:27 – AOTG vs QQQ/SPY performance discussion20:38 – “You haven't been through a bear market…”—John's response30:38 – Valuation filter: why Palantir got removed35:11 – 2000–2003 Nasdaq comparison (then vs now)37:52 – How often AOTG rebalances + turnover43:29 – The hardest question: what crushes this strategy?48:40 – Bonus: best burger in the Chicago suburbs

In this episode, we break down War Inc: Rise, the new title from the studio behind Art of War: Legions - a game that previously generated over $150M.The gameplay? Solid.The systems? Efficient.The monetization? Confusing.The UA strategy? Questionable.We dive into:Why War Inc feels like Battle Legion + Lucky Defense combinedHow Fastone Games recycled their old IP smartlyWhy ad monetization is almost nonexistent (and why that's crazy)The missed Applovin opportunityCreative strategy mistakes that cap scaleWhether this can become their next big hitThis game should be scaling 2–3x harder. It's not. And the reason is simple.War Inc is actually good. Clean core loop. Smart recycling of IP from Art of War. Efficient production. Even layered modes like Lucky Defense built in.But here's the problem.They barely monetize through ads. They don't push AppLovin. They're still heavy on Facebook and Google. And their creative playbook looks like 2021.The lesson? In 2026, you can't just build a good game. You need the full growth stack aligned. Miss one piece of the puzzle and you cap your scale.Get our MERCH NOW: 25gamers.com/shop--------------------------------------PVX Partners offers non-dilutive funding for game developers.Go to: https://pvxpartners.com/They can help you access the most effective form of growth capital once you have the metrics to back it.- Scale fast- Keep your shares- Drawdown only as needed- Have PvX take downside risk alongside you+ Work with a team entirely made up of ex-gaming operators and investors---------------------------------------For an ever-growing number of game developers, this means that now is the perfect time to invest in monetizing direct-to-consumer at scale.Our sponsor FastSpring:Has delivered D2C at scale for over 20 yearsThey power top mobile publishers around the worldLaunch a new webstore, replace an existing D2C vendor, or add a redundant D2C vendor at fastspring.gg.---------------------------------------This is no BS gaming podcast 2.5 gamers session. Sharing actionable insights, dropping knowledge from our day-to-day User Acquisition, Game Design, and Ad monetization jobs. We are definitely not discussing the latest industry news, but having so much fun! Let's not forget this is a 4 a.m. conference discussion vibe, so let's not take it too seriously.Panelists: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jakub Remia⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠r,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Felix Braberg, Matej Lancaric⁠Join our slack channel here: https://join.slack.com/t/two-and-half-gamers/shared_invite/zt-2um8eguhf-c~H9idcxM271mnPzdWbipgChapters00:00 – “Why Isn't This Game Bigger?”02:00 – First Impressions & Battle Legion Comparison06:30 – Core Loop Breakdown (Merge + Army Builder)10:30 – Gacha System Explained (And Why It's Weird)15:30 – Limited Banner Strategy & Power Units18:30 – Lucky Defense Mode Inside War Inc23:00 – Why Co-Op Actually Matters26:00 – Comparing It to Art of War: Legions30:00 – Revenue & Spend Deep Dive ($40K/Day Reality)33:30 – Retention, Payback & Scaling Limits36:00 – Creative Strategy Review (What's Missing)39:00 – The Ad Monetization Mistake41:30 – AppLovin, Blended ROAS & The Missed Scale43:00 – Final Verdict: Great Game, Capped Growth---------------------------------------Matej LancaricUser Acquisition & Creatives Consultant⁠https://lancaric.meFelix BrabergAd monetization consultant⁠https://www.felixbraberg.comJakub RemiarGame design consultant⁠https://www.linkedin.com/in/jakubremiar---------------------------------------Please share the podcast with your industry friends, dogs & cats. Especially cats! They love it!Hit the Subscribe button on YouTube, Spotify, and Apple!Please share feedback and comments - matej@lancaric.me

A new filing from the U.S. Department of Homeland Security lays out a plan for the number of Immigration and Customs Enforcement agents left in Minnesota to drop to about 400 after Wednesday. The numbers come after border czar Tom Homan's announcement of a drawdown earlier this month. Thousands of Minnesotans have taken part in demonstrations, mutual aid efforts and rapid response networks to support neighbors and fellow Minnesotans during the surge of federal agents. A broad coalition of groups across the Twin Cities looks to continue building on that momentum even in light of the drawdown announcement. Unidos MN organizer José Alvillar Hinojosa joined MPR News host Nina Moini to talk about a week of action the groups began Wednesday titled “Bring the Heat, Melt the ICE.”

In this episode we respond to emails from Nick, Ginna, Ashley, Chris and Sara.  In our Queen Mary segment where we are raising money for Fairfax CASA, we express our gratitude for the outpouring of listener support and tell Noah and Taylor's story of reunification.  We then dive into two big portfolio questions: do managed futures replace gold, and how to fund an eight-year break without derailing long-term plans. We build a conservative drawdown portfolio, weigh taxes in taxable accounts, and explain why good portfolio construction beats market timing.Links:Fairfax CASA Donation Page:  Donate - Fairfax CASAWilka's in NYC:  Wilka's Sports Bar | Women's Sports Bar | New York, NY, USAChris's Portfolio Constructions:  testfol.io/?s=lwnOaJGvzDjSara's Portfolio Analyses:  testfol.io/?s=htNZVoZOZn4Breathless Unedited AI-Bot Summary:Start with purpose: a child's safety, a mother's grit, and a community that shows up. We open with a moving Fairfax CASA story—Noah and Taylor—that reminds us why steady advocacy and second chances matter. Listener donations pour in, and Mary shares how CASA pairs rigorous oversight with real compassion. From there, we pivot to the other kind of safety net: portfolios designed to fund real lives.A longtime listener asks if managed futures make gold redundant. We break down what trend-following actually captures, why gold's long history and different crisis behavior still earn it a seat, and how the two hedges fit together when you care about drawdowns, not bragging rights. Then we tackle Sarah's bold plan: an eight-year pause from work to care for family, spending about $90k per year from taxable savings before returning to the workforce. Rather than a classic risk-parity blend, we map a more conservative drawdown portfolio: roughly 30% equities with a large-cap value tilt and a sleeve of property-and-casualty insurers, 25% cash and short-term Treasuries for three years of runway, 25% intermediate Treasuries for recession insurance, and 20% in alternatives split between gold and managed futures. The goal isn't to win a backtest—it's to keep maximum drawdowns shallow and flexibility high.We also unpack taxes in the 0% capital gains band, why ordinary-income assets aren't the villain during low-income years, and how realizing gains strategically can preserve ACA subsidies. For long-horizon IRAs, we keep it simple: a 100% equity mix across large-cap growth or blend and small-cap value, with an optional tilt to international small-cap value for broader diversification. No crystal balls, no heroic timing—just construction that respects time frames and human needs.If this episode helps you think differently about money, advocacy, or how to buy time for what matters, share it with a friend, subscribe, and leave a quick review so more DIY investors can find it.Support the show

In this episode of Gamebird University, James sits down with Dr. Ryan Askren, Director of the Five Oaks Agricultural Research & Education Center, to refocus the lens on the wintering grounds—where habitat configuration, disturbance, and management decisions shape duck behavior long before spring. James and Ryan dig into what modern GPS/GSM telemetry is really telling us about winter movements, night feeding, and sanctuary use—and where tag choice can bias migration inferences. They explore how wetland complexes outperform single units, why scrub-shrub/buttonbush cover may be undervalued for thermal refuge and predator avoidance, and what fecal DNA diet work reveals. The conversation connects science to practice: post-season water on non-timber units, hunt-rest rotations, and coordinating with neighbors to create the mosaic ducks actually select. Ryan also shares insights from comparative studies of backpack vs. implant transmitters (and what that means for estimating timing and survival) and closes with how the Five Oaks certificate program turns ecology-savvy students into equipment-ready managers who can calibrate sprayers, plan drawdowns, and talk shop with farmers.

AI game creatives just made another massive leap. In this episode, we break down 127 new creatives across Dark War, Top Heroes, Township and more and the quality jump in just one month is honestly insane.We're talking:• Full anime-quality world model sequences• AI influencers everywhere (grandmas, gamers, street interviews)• 50+ completely different “games” promoted under one title• Movie-level 4X fantasy ads• Hyper-niche creative strategy instead of broad targetingThis is not an incremental improvement. This is a structural shift in how UA works. If you run paid UA, creative production, or mobile marketing… this episode is mandatory.

Daniel Mahncke and Shawn O'Malley take a deep dive into Constellation Software — the popular Canadian compounder that has turned buying “boring” vertical market software into one of the most effective capital-allocation machines in public markets. IN THIS EPISODE, YOU'LL LEARN: 00:00:00 - Intro 00:03:33 - How Mark Leonard founded Constellation 00:08:43 - What principles drive Mark Leonard 00:15:23 - What Constellation looks for in acquisition targets 00:19:20 - About the metrics that matter to Constellation 00:21:15 - How Constellation is structured and incentivized 00:46:26 - Whether AI is a threat or chance 01:04:50 - Why Constellation considers investing outside of VMS 01:08:50 - Whether Shawn and Daniel add Constellation to the portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES The Investors Podcast Network is excited to debut a new community known as The Intrinsic Value Community for investors to learn, share ideas, network, and join calls with experts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the waitlist(!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Sign up for ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn how to ⁠⁠⁠⁠⁠⁠⁠⁠join us⁠⁠⁠⁠⁠⁠⁠⁠ in Omaha for the 2026 Berkshire Hathaway shareholder meeting. Track ⁠The Intrinsic Value Portfolio⁠. Shawn & Daniel use ⁠Fiscal.ai⁠ for every company they research — use their ⁠referral link⁠ to get started with a 15% discount! WSB episode on Constellation Software. Synopsis Podcast on Constellation Software. Business Breakdown Podcast on Constellation Software. Mark Leonard Shareholder Letters. Saber Capital: How to Think about ROIC. Check out our previous Intrinsic Value breakdowns: ⁠Transdigm⁠, ⁠Salesforce⁠, ⁠Berkshire Hathaway⁠, ⁠FICO⁠, ⁠PayPal,⁠ ⁠Uber⁠, ⁠Nike⁠, ⁠Amazon⁠, ⁠Airbnb⁠, ⁠Alphabet⁠. Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try Shawn's favorite tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

In this episode of Honest Money, Warren Ingram and Pieter de Villiers engage with audience questions, focusing on investment strategies for an inheritance and the complexities of living annuities in retirement. They emphasize the importance of understanding personal financial goals, managing withdrawal rates, and the psychological aspects of investing. The conversation provides valuable insights into financial planning, particularly for those approaching retirement or managing newfound wealth.TakeawaysPersonal finance should be approached with simplicity and clarity.Diversifying across too many funds can lead to over-concentration and unnecessary complexity.Balanced funds can often provide sufficient diversification without the need for multiple funds.Understanding the tax implications of retirement and discretionary investments is crucial.Estate planning should consider the needs of dependents, especially minors.Creating a trust can be a responsible way to manage assets for minor children.It's important to regularly review and update your will as circumstances change.Maximizing tax-free and retirement accounts is a significant achievement in personal finance.Communication with guardians about financial responsibilities is essential.Asking the right questions is a key part of financial literacy.Learn more about Prescient Investment Management here.Send a textHave a question for Warren? Don't forget to voice note your questions through our WhatsApp chat on (+27)79 807 8162 and you could be featured in one of our episodes. Follow us on Twitter, LinkedIn and subscribe to our YouTube channel for more Financial Freedom content: @HonestMoneyPod

The Last Trade: On-chain analyst James Check (Checkmate) joins the crew to break down bitcoin's bear market capitulation, what the data says about where we are in the cycle, and why the obituaries being out might be the most bullish signal of all.---

In this episode, we break down what's really happening in mobile game creatives right now. Creative trends for January 2026 are here.. From Kingshot clones everywhere to Pixel Flow conveyor belts invading other genres… from 2022 impulse puzzles coming back to life… to the brutal truth about creative fatigue lasting DAYS instead of weeks.We look at Golden Goblins, Royal Kingdom, Match Factory, Tasty Travels, Tile Survive and more, and what their ads tell us about 2026.If you work in UA, creative production, or game marketing… this one matters.Get our MERCH NOW: 25gamers.com/shop--------------------------------------PVX Partners offers non-dilutive funding for game developers.Go to: https://pvxpartners.com/They can help you access the most effective form of growth capital once you have the metrics to back it.- Scale fast- Keep your shares- Drawdown only as needed- Have PvX take downside risk alongside you+ Work with a team entirely made up of ex-gaming operators and investors---------------------------------------For an ever-growing number of game developers, this means that now is the perfect time to invest in monetizing direct-to-consumer at scale.Our sponsor FastSpring:Has delivered D2C at scale for over 20 yearsThey power top mobile publishers around the worldLaunch a new webstore, replace an existing D2C vendor, or add a redundant D2C vendor at fastspring.gg.---------------------------------------This is no BS gaming podcast 2.5 gamers session. Sharing actionable insights, dropping knowledge from our day-to-day User Acquisition, Game Design, and Ad monetization jobs. We are definitely not discussing the latest industry news, but having so much fun! Let's not forget this is a 4 a.m. conference discussion vibe, so let's not take it too seriously.Panelists: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Jakub Remia⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠r,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Felix Braberg, Matej Lancaric⁠Podcast: Join our slack channel here: https://join.slack.com/t/two-and-half-gamers/shared_invite/zt-2um8eguhf-c~H9idcxM271mnPzdWbipgChapters0:00 – Why Creative Trends Matter More Than Ever2:45 – Golden Goblins & The Decline Curve6:20 – Creative Fatigue Is Now Measured in Days10:05 – Borrowing Hypercasual Mechanics Into 4X12:10 – Noob vs Pro Is Back16:00 – KingShot's Influence Across Genres20:00 – Royal Kingdom, Block Blast & Fake Mini-Games23:10 – Tower War, Mob Control & Genre Crossovers28:40 – 2022 Concepts Are Working Again30:55 – Elevate vs Impulse & The “IQ App” Strategy33:00 – Tile Survive & Massive Playable Scaling36:45 – Tasty Travels & 10-Click Playables38:25 – The Real Lesson for 2026---------------------------------------Matej LancaricUser Acquisition & Creatives Consultant⁠https://lancaric.meFelix BrabergAd monetization consultant⁠https://www.felixbraberg.comJakub RemiarGame design consultant⁠https://www.linkedin.com/in/jakubremiar---------------------------------------Please share the podcast with your industry friends, dogs & cats. Especially cats! They love it!Hit the Subscribe button on YouTube, Spotify, and Apple!Please share feedback and comments - matej@lancaric.me---------------------------------------If you are interested in getting UA tips every week on Monday, visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠lancaric.substack.com⁠⁠⁠⁠⁠⁠ & sign up for the Brutally Honest newsletter by Matej LancaricDo you have UA questions nobody can answer? Ask ⁠⁠⁠⁠⁠⁠⁠⁠Matej AI⁠⁠⁠⁠⁠⁠ - the First UA AI in the gaming industry! https://lancaric.me/matej-ai

No Drawdown

Federal immigration agents continue to leave Minneapolis but many think it is not happening fast enough. Minnesota lawmakers lay out their priorities for the legislative session which starts tomorrow. Is there a strain in the relationship between Governor Tim Walz and Lieutenant Governor Peggy Flanagan?

February 15, 2026; 8am: The Trump Administration announced its plans reduce the number of immigration agents in Minnesota after weeks of protests, arrests, and use of force. This withdrawal comes with lingering skepticism among Minnesotans who remain dubious about the administration's announcement. Minneapolis City Council President Elliot Payne and Former Federal Public Defender Liz Oyer join “The Weekend” to discuss the lasting impacts of Operation Metro Surge.For more, follow us on social media:Bluesky: @theweekendmsnow.bsky.socialInstagram: @theweekendmsnowTikTok: @theweekendmsnow To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

AP correspondent Julie Walker reports President Trump's border czar says a 'small' security force will remain in Minnesota.

Minnesota Drawdown

In this episode of the Crazy Wisdom Podcast, host Stewart Alsop sits down with Lars van der Zande, founder and CEO/technical architect of Inkwell Finance, for what Lars describes as his first-ever podcast appearance. The conversation covers a wide range of blockchain infrastructure topics, including Lars's work with Sui and Solana blockchains, the innovative capabilities of Ika's programmatic wallets and blockchain of signatures, and how Inkwell Finance is building revenue-based financing solutions for on-chain entities—from AI agents to protocols. They explore the evolving landscape of crypto regulation, the merging of traditional finance with blockchain technology, the future of decentralized legal systems, and how the user experience barrier is being lowered through technologies that eliminate constant transaction signing. Lars also discusses Inkwell's embedded financing approach and their pre-seed fundraising round.Links mentioned:- Inkwell's website: inkwell.finance- Inkwell on Twitter: @__inkwell- Lars on Twitter: @LMVDZandeTimestamps00:00 Introduction to Inkwell Finance and Technical Architecture02:06 Understanding Sui and Solana: Blockchain Dynamics05:55 The Role of Ika in Inkwell Finance11:51 Leviathan: Revenue Generation and Financing in Crypto17:38 The Future of AI Agents and Programmatic Wallets23:23 Smart Contracts: Legal Implications and Future Directions25:06 The Future of Inqvil Finance25:42 Decentralization and Its Evolution27:32 The Merging of Traditional and Crypto Systems29:33 Global Financial Dynamics and Market Reactions31:48 The Collapse of Traditional Financial Systems32:46 Jurisdictional Shifts in the Crypto World33:59 Legal Systems and Blockchain Integration35:57 On-Chain Credit and Financial Opportunities39:29 The Role of AI in Finance41:30 Learning from Peer-to-Peer Lending History43:14 Disruption in Insurance and Risk Management44:54 On-Chain vs Off-Chain Data46:54 The Evolution of the Internet and Blockchain49:12 Future Subscription Models in BlockchainKey Insights1. Ika's Revolutionary Blockchain Signature Technology: Lars discovered Ika, a blockchain of signatures built on Sui that enables any blockchain transaction to be signed without revealing the underlying message. Using patented 2PC MPC technology, Ika splits key shares across validators and encrypts them in transit, performing complex cryptographic operations that allow smart contracts on Sui to generate signatures for transactions on any other blockchain. This eliminates the need to build separate smart contracts on each blockchain, fundamentally changing how cross-chain interactions work and opening possibilities for truly interoperable decentralized applications.2. Programmatic Wallets vs Traditional Wallets: Traditional wallets like MetaMask require manual user approval for every transaction through a front-end interface, but Ika's D-wallet introduces programmatic wallets with policy-based controls embedded in smart contracts. These wallets can execute transactions based on predetermined conditions checked against on-chain data like Oracle prices, without requiring individual user signatures. For example, a Bitcoin D-wallet can hold native Bitcoin without wrapping or bridging to a custodian, and smart contract policies determine when and how that Bitcoin can be transferred, creating unprecedented security and automation possibilities for decentralized finance.3. Inkwell's Revenue-Based Financing Model: Inkwell Finance is building Leviathan, a revenue-based financing platform for on-chain entities including protocols, AI agents, and individual traders with verifiable track records. Borrowers receive capital based on their on-chain performance metrics like sharp ratio and drawdown, with loan repayment automatically deducted from their revenue stream. The profit split structure allocates approximately 60% to borrowers, 30% to lenders, and 10% split between Inkwell and integrating platforms. This creates a sustainable lending model where flight risk is minimized through D-wallet policy controls that restrict how borrowed capital can be used.4. Wallet-as-a-Protocol and the Future of User Experience: The crypto industry is moving toward embedded wallet solutions that eliminate the friction of traditional wallet management, with Wallet-as-a-Protocol representing the next evolution beyond services like Privy and Dynamic. Unlike current embedded wallets that lock users into specific applications, Wallet-as-a-Protocol enables single sign-on across multiple applications while users maintain control of their keys. Combined with app-sponsored gas fees, this approach allows non-crypto-native users to interact with blockchain applications without knowing they're using crypto, removing the biggest barrier to mainstream adoption and creating web2-like user experiences on web3 infrastructure.5. AI Agents as Financial Entities: AI agents are emerging as revenue-generating entities with on-chain transaction histories that create verifiable track records for creditworthiness assessment. Inkwell Finance is specifically targeting this market, recognizing that AI agents will need wallets and capital to operate effectively. The programmatic nature of D-wallets pairs perfectly with AI agents, as policy controls can restrict agent behavior to specific smart contract interactions, preventing unauthorized fund transfers while allowing automated trading or revenue generation. This creates a new category of borrower that operates 24/7 with completely transparent performance metrics, fundamentally different from traditional loan recipients.6. Cross-Chain Liquidity Without Asset Transfer: Ika's technology enables users to take loans against revenue generated on one blockchain and deploy that capital on entirely different blockchains without moving their original liquidity positions. For instance, someone earning yield on Sui's Fusol protocol could borrow against that revenue stream and deploy capital on Solana opportunities, effectively creating multiple on-chain businesses that generate their own credit scores and revenue to service debt. This ability to read state across different blockchains from within smart contracts opens possibilities for multi-chain strategies that don't require withdrawing capital from productive positions, maximizing capital efficiency across the entire crypto ecosystem.7. The Convergence of Traditional Finance and Crypto Infrastructure: The regulatory landscape is rapidly evolving with initiatives like the Genius Act and Clarity Act creating frameworks where traditional financial systems merge with crypto infrastructure through mechanisms like stablecoins backed by US treasuries. Companies are increasingly establishing entities in the United States to access capital networks and Delaware's established legal framework while issuing tokens through jurisdictions like Switzerland. This hybrid approach, combined with emerging concepts like Gabriel Shapiro's "cybernetic agreements" that make smart contract parameters legally enforceable in traditional courts, suggests the future isn't pure decentralization but rather a sophisticated integration of on-chain and off-chain legal and financial systems.

Take your personal data back with Incogni! Use code MARKDAVIS at the link below and get 60% off an annual plan: https://incogni.com/markdavisSee omnystudio.com/listener for privacy information.

Today's Top Stories - Nancy Guthrie Investigation, ICE Drawdown & Government Shutdown

Take your personal data back with Incogni! Use code MARKDAVIS at the link below and get 60% off an annual plan: https://incogni.com/markdavisSee omnystudio.com/listener for privacy information.

The Trump Administration announced Thursday morning it is ending what it calls Operation Metro Surge, which sent thousands of federal immigration officers to Minnesota. Throughout the last two months, Minnesota Now has checked in with Minneapolis immigration attorney David Wilson. He joined MPR News host Nina Moini to talk about the end of the surge and what he's seeing in the courts.

White House Border Czar Tom Homan says 700 federal agents will be leaving Minnesota after months of aggressive immigration enforcement, protests, and the killing of two U.S. citizens by federal agents.A new NPR/PBS/Marist poll finds most Americans now say ICE has gone too far, as the Trump administration shifts its tone on immigration enforcement.And the last remaining nuclear arms control treaty between the United States and Russia, the New START Treaty, is set to expire, raising new fears about unconstrained nuclear competition.Want more analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.Today's episode of Up First was edited by Eric Westervelt, Dana Farrington, Robbie Griffiths, Mohamad ElBardicy, and Alice Woelfle.It was produced by Ziad Buchh and Nia DumasOur Director is Christopher Thomas.We get engineering support from Neisha Heinis. Our technical director is Carleigh Strange.Our deputy Executive Producer is Kelley Dickens.(0:00) Introduction(01:58) Partial Drawdown in Minnesota(05:36) NPR Poll: Trump and ICE(09:18) Nuclear Treaty ExpiresLearn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy

The search for missing 84-year-old Nancy Guthrie enters day five as Savannah Guthrie makes a direct plea to the abductor. Border Czar Tom Homan announces an immediate drawdown of 700 federal personnel in Minneapolis, citing increased local cooperation with immigration enforcement. Two major U.S. medical organizations reverse course and say permanent gender-transition surgeries for minors should be delayed until adulthood, citing insufficient evidence and potential harms. Attempted Trump assassin Ryan Routh is sentenced to life in prison, with his attorney immediately signaling plans to appeal.  Done with Debt: https://www.DoneWithDebt.com & tell them Megyn Kelly sent you! All Family Pharmacy: Order now at https://allfamilypharmacy.com/MEGYN and save 10% with code MEGYN10 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The news to know for Thursday, February 5, 2026! We'll tell you why the federal government is pulling hundreds of agents out of Minnesota and what local leaders want to see next. Also, the Supreme Court just weighed in on a case that could reshape the midterms—we'll explain. And: "Today Show" anchor Savannah Guthrie is pleading with whoever may be holding her missing mother. Plus: possible new and controversial plans for a White House statue, which celebrities have already been spotted in Super Bowl commercials, and the Winter Olympics action has already begun—even before the opening ceremony. Those stories and even more news to know in about 10 minutes!    Join us every Mon-Fri for more daily news roundups!  See sources: https://www.theNewsWorthy.com/shownotes Become an INSIDER to get AD-FREE episodes here: https://www.theNewsWorthy.com/insider Get The NewsWorthy MERCH here: https://thenewsworthy.dashery.com/ Sponsors: Wildgrain is offering our listeners $30 off your first box - PLUS free Croissants for life - when you go to Wildgrain.com/NEWSWORTHY to start your subscription today. Refresh your wardrobe with Quince. Go to Quince.com/newsworthy for free shipping on your order and 365-day returns. To advertise on our podcast, please reach out to ad-sales@libsyn.com

SUBSCRIBE TO JORDAN'S ⁠SUBSTACK⁠. Get the facts, without the spin. UNBIASED offers a clear, impartial recap of US news, including politics, elections, legal news, and more. Hosted by lawyer Jordan Berman, each episode provides a recap of current political events plus breakdowns of complex concepts—like constitutional rights, recent Supreme Court rulings, and new legislation—in an easy-to-understand way. No personal opinions, just the facts you need to stay informed on the daily news that matters. If you miss how journalism used to be, you're in the right place. In today's episode: Government Shutdown Ends; Minneapolis Officers to Wear Body Cameras; 700 Federal Agents to Leave (0:07) Trump Suggests 'Nationalizing' Elections; Here's What You Should Know About It (10:13) Supreme Court Allows California to Use New Congressional Map (~19:04) Clintons Agree to Testify Before Congress After Almost Facing Contempt Vote (~23:53) Epstein Q&A Part II: Who's Named In the Files and In What Context? Why Are Names Redacted? Is the Claim About Bill Gates True? (~29:26) Quick Hitters: Ryan Routh Sentenced, Fulton County Wants Ballots Back, Washington Post Layoffs, Mayor Bass Accused of Altering Palisades Fire Report, Updates on Nancy Guthrie (~56:53) SUBSCRIBE TO JORDAN'S ⁠FREE NEWSLETTER⁠. ⁠Watch⁠ this episode on YouTube. Follow Jordan on ⁠Instagram⁠ and ⁠TikTok⁠. All sources for this episode can be found ⁠here.⁠  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Thursday, February 5. The seven stories you need to know today. Read today's briefing.If you're not a subscriber, click here to start.

The Trump administration pulls 700 ICE agents out of Minnesota. A software sell-off over AI fears raises questions about the risk to the job market. Savannah Guthrie releases an emotional video plea for her mother's safe return. And the New START U.S.-Russia nuclear pact expires, risking an arms race.  Listen to the Morning Bid podcast ⁠⁠here⁠⁠. Sign up for the Reuters Econ World newsletter ⁠⁠here⁠⁠. Listen to the Reuters Econ World podcast ⁠⁠here⁠⁠. Find the Recommended Read here. Visit the Thomson Reuters Privacy Statement for information on our privacy and data protection practices. You may also visit megaphone.fm/adchoices to opt out of targeted advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices

If the drawdown happened as announced Wednesday, there should be nearly a third fewer federal agents working in Minnesota Thursday. White House official Tom Homan announced a reduction of 700 agents from the federal immigration operation, saying it's possible because of cooperation from state and local officials.That still leaves about 2,000 federal agents in Minnesota, far above the usual number. Homan said further drawdowns will depend in part on less interference from protesters. Greater Minnesota cities are saying they need more funding for water infrastructure projects and replacing lead service lines. Those are some of the issues they'll be lobbying lawmakers about once the state's legislative session starts in two weeks.Attorneys representing refugees detained by ICE say the Department of Homeland Security is ignoring a court order and is asking the court to hold the agency in contempt. The City of Anoka is opening its cannabis dispensary Thursday, making it the first municipal cannabis store to open in Minnesota.

Border czar Tom Homan says 700 immigration officers are leaving Minnesota, and those that remain will get body cameras, while Congress gives itself mere days to negotiate a funding bill with ICE reforms. Plus, the government publishes three million pages of Epstein files, with victim details inadvertently left unredacted. Learn more about your ad choices. Visit megaphone.fm/adchoices

DHS personnel are leaving Minneapolis, though Border Czar Tom Homan has outlined conditions. Investigators are reviewing new evidence in the search for Nancy Guthrie. Lawmakers have sidestepped a government shutdown but another deadline looms. US, Ukrainian and Russian peace deal negotiators are meeting in Abu Dhabi. Plus, ahead of the Super Bowl, some of your favorite snacks are getting cheaper. Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you ever wondered if the people - We The People - can make a difference, can have an impact, can do anything to effectively fight against a runaway lawless president, executive branch, and a plainly out-of-control ICE agency, over the past few days we got the answer loud and clear: you're DAMN RIGHT We The People can make a difference!From horribly unfit law-enforcement officer Greg Bovino being ousted from his position, to a judge issuing a crushing opinion regarding ICE operations, to Tom "Bagman" Homan announcing a possible ICE drawdown in Minneapolis, the people absolutely have the power.Find Glenn on Substack: glennkirschner.substack.comSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

January has been a rollercoaster of profits and drawdowns. In this episode, I share two simple mindset strategies I've used over 20 years to stay disciplined during tough market periods—perfect for newer traders feeling the mental pressure.Support the podcast by leaving a rating/reviewYour Trading Coach - Akil

January 29, 2026; 8pm: Tonight, will the backlash to Trump's toxic policy be enough to stop it in Minnesota and beyond? Then, the fight to stop Stephen Miller and ICE in Congress. Plus, Maryland Gov. Wes Moore on his pushback to Trump's attack on democracy. And what on Earth is happening in Fulton County, Georgia? Want more of Chris? Download and follow his podcast, “Why Is This Happening? The Chris Hayes podcast” wherever you get your podcasts.To listen to this show and other MS podcasts without ads, sign up for MS NOW Premium on Apple Podcasts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Headlines:  – Welcome To Mo News (02:00) – Lawmakers Reach Deal To Avert Partial Government Shutdown (05:20) – Border Czar Tom Homan Says Administration to Draw Down Immigration Officers in Minneapolis, But Needs Help With Jails (10:00) – Sen. Amy Klobuchar Announces She's Running For Minnesota Governor After Walz Dropped Bid (14:40) – U.S. Life Expectancy Hits All-Time High (16:20) – Spy Chief Tulsi Gabbard Is Hunting for 2020 Election Fraud (21:45) – Trump and Witkoff Say Hamas Will Disarm (25:00) – IDF Believes 70,000 Gazans Killed In War, As Claimed By Hamas; Civilian-Combatant Ratio Still Unknown (27:30) – Will The US Strike Iran This Weekend? (30:10) – Everything To Know About Nipah Virus Amid Cases Being Detected In India (31:00) – ‘Bluey' Defeats ‘Stranger Things,' Everything Else to Retain Title as Most Streamed Show in 2025 (33:20) – What We're Watching, Reading, Eating (36:00) Thanks To Our Sponsors:  –⁠ Industrious⁠ - Coworking office. 50% off day pass | Code: MONEWS50 – ⁠Surfshark⁠ - 4 additional months of Surfshark VPN | Code: MONEWS – Monarch - 50% off your first year | Code: MONEWS – Factor - 50% off your first box | Code: monews50off – ShipStation - Try for free for 60 days | Code: MONEWS

Hundreds of 2020 ballot boxes are seized by the FBI. But, why and why was Tulsi Gabbard, the director of national intelligence, on the ground there? Plus, an attempted jail break at the New York facility holding Luigi Mangione.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Donald Trump's "border tsar" Tom Homan says he is working on making ICE operations in Minneapolis "safer, more efficient, by the book". Also on the programme, the bodies of 15 Palestinians have been returned as the Gaza ceasefire moves into its next stage; and, the hidden, subconscious forces behind our everyday choices. (Photo: US Border Czar Tom Homan speaks at his first news conference after replacing Greg Bovino as the lead of ICE operations at the Bishop Henry Whipple Federal Building in Minneapolis, Minnesota, USA, 29 January 2026. CRAIG LASSIG/EPA/Shutterstock)

Headlines:  – Welcome To Mo News (02:00) – Trump Sends Tom Homan to Lead ICE Operations In Minneapolis (07:20) – Storm's Death Toll Climbs as Officials Warn of Frigid Cold Ahead (23:45) – Iran Death Toll Close To 36,000; U.S Warships Get Closer (26:00) – Israel Recovers Body Of Last Hostage In Gaza (30:00) – Ye, Formerly Kanye West, Takes Out WSJ Ad to Apologize for Antisemitic Outbursts (32:15) – Sydney Sweeney Draws Backlash for Lingerie Publicity Stunt at the Hollywood Sign (36:30) – On This Day In History (39:00) Thanks To Our Sponsors:  –⁠ Industrious⁠ - Coworking office. 50% off day pass | Code: MONEWS50 – Incogni - 60% off an annual plan| Code: MONEWS – Monarch - 50% off your first year | Code: MONEWS – Factor - 50% off your first box | Code: monews50off – ShipStation - Try for free for 60 days | Code: MONEWS