Podcasts about Tesla

Qasar Younis is the co-founder and CEO of Applied Intuition, a $15 billion AI company that adds intelligence to cars, tractors, planes, submarines, and other vehicles—essentially, Tesla or Waymo without the hardware. He was previously COO of Y Combinator, started his career as an engineer at GM and Bosch, and was born on a farm in Pakistan.We discuss:1. Why the biggest AI revolution will play out in mining, farming, construction, and trucking over the next 5 to 10 years, not in software2. Why Qasar intentionally stayed under the radar for nearly a decade while building Applied Intuition, and why most founders shouldn't do that3. The truth about China's AI capabilities and why comparisons to American companies are fundamentally flawed4. The company values that drive Applied Intuition: speed above everything, laugh a lot, half the work is follow-up, never disappoint the customer5. The biggest lessons from Qasar's stint as YC's COO, including that the most successful companies show traction very early6. How reading old books is the best way to build taste—Brought to you by:Omni—AI analytics your customers can trustVanta—Automate compliance. Simplify security.Lovable—Build apps by simply chatting with AI—Episode transcript: https://www.lennysnewsletter.com/p/the-most-successful-ai-company-youve-never-heard-of—Archive of all Lenny's Podcast transcripts: https://www.dropbox.com/scl/fo/yxi4s2w998p1gvtpu4193/AMdNPR8AOw0lMklwtnC0TrQ?rlkey=j06x0nipoti519e0xgm23zsn9&st=ahz0fj11&dl=0—Where to find Qasar Younis:• X: https://x.com/qasar• LinkedIn: https://www.linkedin.com/in/qasar• Website: https://qy.co• Reading list: https://qy.co/books—Where to find Lenny:• Newsletter: https://www.lennysnewsletter.com• X: https://twitter.com/lennysan• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/—In this episode, we cover:(00:00) Introduction to Qasar and Applied Intuition(04:01) The optimistic vision: How AI will create abundance(08:49) Why anxiety about AI comes from misunderstanding—and how to fight fear with knowledge(12:58) The market sell-off explained(16:31) Self-driving cars: Why 30,000 annual deaths prove we need autonomy now(20:22) The spectrum of physical AI(28:00) How AI is coming just in time(33:26) Why comparing Chinese AI companies to American AI companies is a category error(39:12) Why Qasar finally joined Twitter after staying silent for a decade(45:08) Why successful companies almost always show early signs of traction(50:40) Applied Intuition's core values(56:00) Why the company cleans its own office—and never spent a dollar of raised capital(58:50) Quasar's reading philosophy(01:06:14) How to operationalize listening to naysayers(01:12:53) The importance of decisiveness(01:14:55) Removing emotions from decisions(01:19:02) Why most Silicon Valley CEOs don't have great taste—and how to develop it—Referenced:• Applied Intuition: https://www.appliedintuition.com• Marc Andreessen: The real AI boom hasn't even started yet: https://www.lennysnewsletter.com/p/marc-andreessen-the-real-ai-boom• Elad Gil's website: https://eladgil.com• Bosch: https://www.bosch.com• Berkshire Hathaway: https://www.berkshirehathaway.com• Naval Ravikant on X: https://x.com/naval• Y Combinator: https://www.ycombinator.com• Waymo: https://waymo.com/• Tesla: https://www.tesla.com• DeepSeek: https://www.deepseek.com• Rivian: https://rivian.com• Crate & Barrel: https://www.crateandbarrel.com• OpenClaw: https://openclaw.ai• Sam Altman on X: https://x.com/sama• Peter Ludwig on LinkedIn: https://www.linkedin.com/in/peterwludwig• What Steve Jobs really meant when he said ‘Good artists copy; great artists steal': https://www.cnet.com/tech/tech-industry/what-steve-jobs-really-meant-when-he-said-good-artists-copy-great-artists-steal• 7 quotes on the power of reading from Charlie Munger: https://www.neil.blog/articles/7-quotes-power-reading-charlie-munger• Andreessen Horowitz: https://a16z.com• John Doerr on LinkedIn: https://www.linkedin.com/in/john-doerr-03248211• Gandhi's quote: https://www.azquotes.com/author/5308-Mahatma_Gandhi/tag/truth#google_vignette• Steve Ballmer on X: https://x.com/Steven_Ballmer• General Motors: https://www.gm.com—Recommended books:• House of Huawei: The Secret History of China's Most Powerful Company: https://www.amazon.com/House-Huawei-History-Powerful-Company/dp/0593544633• Maintenance: Of Everything, Part One: https://press.stripe.com/maintenance-part-one• The Autobiography of Malcolm X: As Told to Alex Haley: https://www.amazon.com/Autobiography-Malcolm-Told-Alex-Haley/dp/0345350685• High Output Management: https://www.amazon.com/High-Output-Management-Andrew-Grove/dp/0679762884• The Emperor of All Maladies: A Biography of Cancer: https://www.amazon.com/Emperor-All-Maladies-Biography-Cancer/dp/1439170916• Made in America: https://www.amazon.com/Sam-Walton-Made-America/dp/0553562835• My American Journey: https://www.amazon.com/American-Journey-Autobiography-Colin-Powell/dp/0679432965• Guns, Germs, and Steel: The Fates of Human Societies: https://www.amazon.com/Guns-Germs-Steel-Fates-Societies/dp/0393317552• Collapse: How Societies Choose to Fail or Succeed: https://www.amazon.com/Collapse-Societies-Choose-Succeed-Revised/dp/0143117009• SPQR: A History of Ancient Rome: https://www.amazon.com/SPQR-History-Ancient-Mary-Beard/dp/0871404230• A World Appears: A Journey into Consciousness: https://www.amazon.com/World-Appears-Journey-into-Consciousness/dp/198488199X—Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.Lenny may be an investor in the companies discussed. To hear more, visit www.lennysnewsletter.com

Rivian has announced a new performance/skunkworks division of the company that aims to deliver a lot more fun to Rivian owners. Plus: Tesla reclaims the top sales spot in EV-dominant Norway, BYD has a battery breakthrough, and more! If you enjoy the podcast and would like to support my efforts, please check out my Patreon at https://www.patreon.com/teslapodcast and consider a monthly or (10% discounted!) annual pledge. Every little bit helps, and you can support for just $5 per month. And there are stacking bonuses in it for you at each pledge level, like early access to each episode at the $5 tier and the weekly Lightning Round bonus mini-episode (AND the early access!) at the $10 tier! And NO ADS at every Patreon tier! Also, don't forget to leave a message on the Ride the Lightning hotline anytime with a question, comment, or discussion topic for next week's show! The toll-free number to call is 1-888-989-8752. INTERESTED IN A FLEXIBLE EXTENDED WARRANTY FOR YOUR TESLA? Be a part of the future of transportation with XCare, the first extended warranty designed & built exclusively for EV owners, by EV owners. Use the code Lightning to get $100 off their "One-time Payment" option! Go to www.xcelerateauto.com/xcare to find the extended warranty policy that's right for you and your Tesla. P.S. Get 15% off your first order of awesome aftermarket Tesla accessories at AbstractOcean.com by using the code RTLpodcast at checkout. Grab the SnapPlate front license plate bracket for any Tesla at https://everyamp.com/RTL/ (don't forget the coupon code RTL too!). Enhance your car with cool carbon-fiber upgrades from RPMTesla.com and use the promo code RPMRTL for 5-10% off your next purchase. And make your garage door foolproof with the Infinity Shield – get yours at infinity-shield.com and use the promo code RTL at checkout for a $35 discount.

John Casmon interviews Ben Kanner, founder of Three V Infrastructure, about the growing intersection between EV charging and multifamily real estate. Ben shares his journey from subprime mortgages to Deutsche Bank portfolio management and eventually into renewable infrastructure, where he identified a major financing gap in EV charging for commercial properties. He explains why EV charging should be viewed primarily as an amenity rather than a direct NOI driver and how operators can use it to attract higher-income renters, increase rents, and reduce turnover. Ben breaks down EV adoption trends, noting that while U.S. penetration still trails global markets, adoption continues to rise—especially with more affordable EV models and a wave of used Teslas entering the market. For multifamily owners, the key isn't just installation, but proper underwriting based on EV registration data, demographic trends, and projected utilization. Three V Infrastructure offers a no-upfront-cost model where they fund, install, own, and manage the chargers, taking utilization risk and only profit-sharing after recouping their capital and a threshold return. Ben KannerCurrent role: Founder, Three V InfrastructureBased in: Bay Area, California Where to find Ben Email: bkanner@3vinfrastructure.com Website: https://www.3vinfrastructure.com Visit ⁠trustetc.com/bestever⁠ for more info. Book your free demo today at bill.com/bestever and get a $100 Amazon gift card. Visit ⁠www.tribevestisc.com⁠ for more info. Try QUO for free PLUS get 20% off your first 6 months when you go to quo.com/BESTEVER  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at⁠ ⁠⁠⁠www.bestevercommunity.com⁠⁠ Podcast production done by⁠ ⁠Outlier Audio⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

It's EV News Briefly for Friday 06 March 2026, everything you need to know in less than 5 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community. You can be like them by clicking here: https://www.patreon.com/EVNewsDailyBMW TO UNVEIL ELECTRIC I3 SALOON ON 18 MARCH  BMW will reveal the new i3 saloon on 18 March as the first fully electric 3 Series, using the Neue Klasse Gen6 platform with 800V architecture, 400kW charging, and an expected 50 xDrive dual-motor, 108kWh setup targeting around 500 miles of range and potentially more thanks to its saloon aerodynamics. It will be the second Neue Klasse model after the iX3, aimed squarely at the Tesla Model 3 and future premium rivals from Mercedes, Audi, Xpeng and BYD's Denza, with a full line-up planned including an electric M3.  TESLA UK DROPS 37% AS UK EV SALES RISE  Tesla's UK registrations fell 37% year-on-year in February to 2,422 units, even as the overall market hit its strongest February since 2004 and BEVs grew to 24.2% of new registrations, with Chinese brands like BYD surging 83%. Tesla has argued that monthly registration data is misleading versus orders and quarterly shipments, but critics note all brands face similar timing issues, and for now the headline picture is a growing UK EV market in which Tesla's share is shrinking.  EVGO ENDS 2025 WITH 5,100 FAST-CHARGING STALLS  EVgo closed 2025 with 5,100 DC fast-charging stalls in operation, up 25% year-on-year after a record Q4 net gain of about 510 stalls, including 320 company-owned units and 190 eXtend-branded stalls at partner sites. The network is getting both denser and faster, with nearly a third of stations now offering six or more stalls and 62% of all stalls equipped with 350kW hardware, up sharply from 50% in late 2024.  LUCID FEBRUARY US SALES JUMP ON GRAVITY RAMP  Lucid's US sales jumped to 1,500 vehicles in February, almost double January, driven by a sharp ramp in Gravity SUV deliveries alongside 900 Air sedans. With Gravity now starting at $79,900 (via the Touring trim) and supported by a $7,500 lease credit plus targeted trade-in offers for Tesla, Rivian and Polestar owners, Lucid is boosting US momentum even as European registrations remain minimal. VW DEALERS SUE OVER SCOUT DIRECT SALES  Two Volkswagen dealerships in Connecticut and New York have launched a class-action lawsuit against Scout Motors and Volkswagen, arguing that Scout's Tesla-style direct-to-consumer sales model violates existing VW franchise agreements and deprives dealers of a lucrative new brand. Scout and CEO Scott Keogh counter that Scout is a separate entity from Volkswagen Group of America and therefore not bound to use VW's franchised dealer network.  VOLKSWAGEN GROUP HITS FOUR MILLION BEV DELIVERIES  Volkswagen Group has delivered its four-millionth battery-electric vehicle, accelerating from nearly a decade to reach the first million to adding the fourth million in just one year, powered largely by its MEB platform and around 30 all-electric passenger models. Most BEVs are built and sold in Europe, where compact SUVs and crossovers such as the VW ID.4/ID.5 dominate, while China and the US account for smaller but growing shares of volume and production. EGBATT LAUNCHES NOVA 60 DUAL BUFFERED CHARGER  EGbatt's new Nova 60 Dual combines a 60kW DC fast charger with a 60kWh LiFePO₄ battery in a single outdoor unit, allowing sites to deliver full fast-charging power without expensive grid upgrades by relying on buffered energy. Optional 20kW DC solar input lets operators integrate rooftop PV directly, helping cut operating costs and increase the share of renewable energy used for charging. LOTUS ADDS RANGE-EXTENDER ELETRE X FOR CHINA  Lotus has responded to softer demand for high-end pure EVs by launching the Eletre X plug-in range-extender SUV in China, pairing a 70kWh battery and 900V fast-charging system with a 2.0-litre turbo engine that mostly drives a generator but can also clutch to the front wheels for motorway efficiency. Delivering 952bhp, 0–62mph in 3.3 seconds and around 150 miles of electric-only range in a 2.6-tonne package, the Eletre X shares its new Geely-platform underpinnings with the Zeekr 9X and is slated to reach the UK no earlier than 2027.

Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms:➤ Apple: https://EVne.ws/apple➤ YouTube Music: https://EVne.ws/youtubemusic➤ Spotify: https://EVne.ws/spotify➤ TuneIn: https://EVne.ws/tunein➤ iHeart: https://EVne.ws/iheart BMW TO UNVEIL ELECTRIC I3 SALOON ON 18 MARCH https://evne.ws/4aWdOGE TESLA UK DROPS 37% AS UK EV SALES RISE  https://evne.ws/4br1a2q EVGO ENDS 2025 WITH 5,100 FAST-CHARGING STALLS https://evne.ws/4b0qkn2 LUCID FEBRUARY US SALES JUMP ON GRAVITY RAMP https://evne.ws/4b8hlAn VW DEALERS SUE OVER SCOUT DIRECT SALES https://evne.ws/4rfDdzK VOLKSWAGEN GROUP HITS FOUR MILLION BEV DELIVERIES https://evne.ws/4uxreAL EGBATT LAUNCHES NOVA 60 DUAL BUFFERED CHARGER https://evne.ws/3PmUx8H LOTUS ADDS RANGE-EXTENDER ELETRE X FOR CHINA https://evne.ws/4rVPDhl

The hosts of Project Synapse discuss how people and companies often claim to value privacy, security, and human-made content while behaving otherwise, then cover major AI news including the US Department of Defense labeling Anthropic a supply chain risk tied to its positions on autonomous weapons and surveillance, and the fallout including the QuitGPT boycott claims and criticism of Sam Altman's response. They examine Claude 4.6 with Cowork and ChatGPT 5.4, emphasizing deeper Office/Gmail integration, larger context windows, and data analytics that could transform corporate data work and accelerate job replacement, while token costs rise and stolen API keys create urgent financial risk. They also warn about the "death of privacy" via profiling and potential anti-anonymity laws, and explore robotics trends, costs, factory adoption, healthcare use cases, and growing investment in humanoid robots from firms like Figure, Tesla, Boston Dynamics, and Unitree. Hashtag Trending would like to thank Meter for their support in bringing you this podcast. Meter delivers a complete networking stack, wired, wireless and cellular in one integrated solution that's built for performance and scale. You can find them at Meter.com/htt 00:00 Sponsor Message 00:18 People Say They Care 01:23 Cybersecurity Reality Check 02:46 Show Intro and Robots 03:35 US Targets Anthropic 09:20 Altman Optics and Boycott 16:52 Anthropic vs OpenAI Safety 21:27 Office Agents Replace Jobs 26:06 Cowork Hands On Debate 35:02 Token Costs and API Keys 38:37 AI Wallet Safety Limits 39:55 Hardware Shortages From AI 42:25 Cloud Control Conspiracy 44:00 Data Brokers Kill Privacy 46:09 AI Builds A Copy Of You 48:26 Embodied AI And Robots 51:17 Humanoids In Factories 01:00:07 Why Humanoids Aren't Everywhere 01:02:06 Robots In Healthcare And Homes 01:06:28 Cheap Humanoids And Companions 01:11:52 Robotics Boom And Wrap Up 01:13:21 Sponsor Message And Sign Off

Ya en abierto!! Hoy en La Gran Travesía viajamos hasta los años 90, en un podcast donde podréis escuchar a Radiohead, Tesla, Cure, Sheryl Crow, Posies, Tom Petty, dEUS, PJ Harvey, Green Day, Kyuss, Guns N´ Roses, Afghan Whigs, Screaming Trees... ▶️ Y ya sabéis, si os gusta el programa y os apetece, podéis apoyarnos y colaborar con nosotros por el simple precio de una cerveza al mes, desde el botón azul de iVoox, y así, además podéis acceder a todo el archivo histórico exclusivo. Muchas gracias también a todos los mecenas y patrocinadores por vuestro apoyo: Aida Borrallo, Eduardo Gutiérrez, Belén B, Rafa Navarro, José Carlos Lozano, Ikatza, Cabe1961, Guillermo Esteban, Diego Román, Tole, Raquel, Poncho C, Sergio Rodríguez Rojas, Javier, Jose Antonio Moral, Juanito, Octavio Oliva, Andreea Deea, Samuel Sánchez, Igor Gómez Tomás, Matías Ruiz Molina, Eduardo Villaverde Vidal, Víctor Fernández Martínez, Rami, Leo Giménez, Alberto Velasco, Poncho C, Francisco Quintana, Con, Tete García, Marco Landeta Vacas, Oscar García Muñoz, Raquel Parrondo, Nacho, Javito, Alberto, Moy, Dani Pérez, Santi Oliva, Vicente DC, Leticia, Melomanic, Arturo Soriano, Gemma Codina, Raquel Jiménez, Pedro, SGD, Raul Andres, Tomás Pérez, Pablo Pineda, Quim Goday, Enfermerator, Joaquín, Horns Up, Victor Bravo, Fonune, Francisco González, Marcos Paris, Daniel A, Redneckman, Elliott SF, Sementalex, Miguel Angel Torres, Suibne, Noyatan, Iván Menéndez, Niksisley y a los mecenas anónimos.

Microsoft's anti-"Microslop" censorship backfired spectacularly; Australia is cracking down on AI age verification while Meta is busy targeting toddlers; prediction markets are basically just insider trading with extra steps; AI chatbots are getting people killed and exposing spy operations; the Moon landing got pushed again; Opera got nostalgic at 30; Sony bought Charlie Brown; and Netflix is making documentaries with robot people now.Show notes at https://gog.show/736Watch on YouTube at https://youtu.be/6lw2Hy_U8QASponsors:DeleteMe - Get 20% off your DeleteMe plan when you go to JoinDeleteMe.com/GOG and use promo code GOG at checkout.Private Internet Access - Go to GOG.Show/vpn and sign up today. For a limited time only, you can get OUR favorite VPN for as little as $2.03 a month.SetApp - With a single monthly subscription you get 240+ apps for your Mac. Go to SetApp and get started today!!!1Password - Get a great deal on the only password manager recommended by Grumpy Old Geeks! gog.show/1passwordFOLLOW UPMicrosoft Bans the Word “Microslop” on Copilot Discord, Gets So Humiliated That It Locks Down the Whole ServerAustralia will consider requiring app stores to block AI services without age verificationA Day in the Life of an EnshittificatorIN THE NEWSMeta's what-if for tweensHow Meta Executives Talked About Child Safety Behind the ScenesThe Great Insider Trading Reckoning Reportedly Hits OpenAIKhamenei market meltdown on Kalshi shows how prediction markets still can't decide what ‘counts'Some Alleged Polymarket Insiders Made a Fortune on U.S. Strikes on IranPolymarket Decides Incentivizing a Nuclear Detonation Might Be a Bad IdeaA Chinese official's use of ChatGPT accidentally revealed a global intimidation operation‘Our Bond Is the Only Thing That's Real:' A New Lawsuit Alleges Google Gemini Drove a Man to SuicideThe Data Centers Have Arrived at the Edge of the Arctic CircleBig tech companies agree to not ruin your electric bill with AI data centersTerraPower gets OK to start construction of its first nuclear plantThe Supreme Court doesn't care if you want to copyright your AI-generated artAnthropic CEO Dario Amodei calls OpenAI's messaging around military deal 'straight up lies,' report saysThe $100 Billion OpenAI-Nvidia Deal Is Not HappeningNASA Announces Major Change to Plans For Putting Humans on The MoonThe US Senate empowers NASA to fully engage in lunar space raceAstronomers Estimated the Lifespan of Alien Civilizations, and It's Not Looking Good for UsMEDIA CANDYCharlie Brown now works for SonyThese AI Avatars in a Netflix True Crime Doc Are Disturbing ViewersNetflix buys Ben Affleck's AI film tech company, InterPositiveAPPS & DOODADSOpera Has Turned 30 and Is Celebrating With a Compelling Tribute to Web NostalgiaWeb Design MuseumMeta hit with a class action lawsuit over smart glasses' privacy claimsApple Macbook NeoAT THE LIBRARYUncommon People: Britpop and Beyond in 20 Songs by Miranda SawyerSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

5 AI CEOs Just Said The Same Thing Five of the most powerful people in artificial intelligence just said the same thing in the same month. They didn't make handwavy vague statements — they all agreed on the same direction, the same timelines, the same warnings. Five CEOs who are actively competing against each other, spending hundreds of billions, all converging on one message. Key points: • What Sam Altman, Jensen Huang, Sundar Pichai, Satya Nadella, and Elon Musk all said • Why competitors are suddenly agreeing • The timeline they're all pointing to • What this convergence means for the future Watch this video at-  https://youtu.be/kMivoKHHkxQ?si=I1ERQG-imaL7UPSy Farzad 383K subscribers 761,083 views Feb 2, 2026 #elonmusk #FSD #twitter Buy my book: https://a.co/d/03deuZWF --- --- Rebellionaire: https://www.rebellionaire.com/farzad Join my exclusive community: https://farzad.fm Buy Matic: https://maticrobots.com/?utm_term=FRI... Use Descript to edit your videos: https://descript.cello.so/5G6jmxS0qeP Wrap your Tesla using TESBROS: https://partners.tesbros.com/FARZADME... Get $100 off Matic Robots: https://maticrobots.refr.cc/active-cu... Use my referral link to purchase a Tesla product https://ts.la/farzad69506 Want to grow your YouTube channel? DM David Carbutt For 10% discount quote ‘Farzad' https://x.com/DavidCarbutt_ I worked at Tesla starting from 2017 thru 2021. I spent most of my time in the distribution and supply chain organizations in leadership positions. Before Tesla, I was a Director of Business Intelligence and Pricing at the largest Pet Food & Supply distributor in the US, Phillips Pet Food & Supplies. My wife and I also owned a small business in Bethlehem, PA between 2016 and 2019. I have been a shareholder of Tesla since 2012 and currently own Tesla stock. Nothing I say constitutes as investment or financial advice. I have been a shareholder of Lemonade since 2025 and currently own Lemonade stock. Nothing I say constitutes as investment or financial advice. -- Five of the world's most powerful AI leaders just made the same prediction about what's coming next. Sam Altman (OpenAI), Sundar Pichai (Google), Satya Nadella (Microsoft), Jensen Huang (NVIDIA), and Elon Musk (xAI/Tesla) are converging on a timeline most people aren't ready for. In this video, I break down exactly what these CEOs said, why they're all saying it NOW, and what it means for your job, your investments, and the economy. Topics covered: • AGI timeline predictions from 5 tech giants • Why 2025-2027 keeps coming up • The convergence of AI + robotics + energy • What the "intelligence too cheap to meter" future looks like • How to position yourself before the wave hits I've been covering Tesla and AI for 14 years. This is the most important shift I've ever seen. NFA.  

In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week's episode, we discuss the Cybertruck price increase, BYD making everyone look bad, and a Donut Lab battery update. The show is live every Friday at 4 p.m. ET on Electrek's YouTube channel. As a reminder, we'll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in. After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps: Apple Podcasts Spotify Overcast Pocket Casts Castro RSS We now have a Patreon if you want to help us avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming. Here are a few of the articles that we will discuss during the podcast: Tesla increases Cybertruck AWD price to $70,000 after creating artificial urgency Tesla sends Canadian Model 3 inventory to the US as it expects Chinese EVs back Tesla changes FSD transfer rules again, screwing over Cybertruck AWD buyers BYD's new Blade EV Battery 2.0 unlocks 1,000+ km pure electric range and 10 min fast charging BYD's new 1500kW ‘flash charger' is over 3x faster than anything US has BYD unveils stunning flagship electric SUV for the first time [Images] It's official: Hyundai axes IONIQ 6 from US lineup, Kia EVs remain in limbo Aptera (SEV) completes first Solar EV build off its validation assembly line Donut Lab solid-state battery survives 100°C discharge in second independent test Here's the live stream for today's episode starting at 4:00 p.m. ET (or the video after 5 p.m. ET: https://www.youtube.com/live/z64r5thTwio

In the 8 AM Hour: Larry O’Connor and Patrice Onwuka discussed: Tesla owners are embracing full self-drive feature in their cars. WMAL GUEST 8:15 AM - INTERVIEW - MIKE LITTERST - National Park Service TOPIC: PEAK BLOOM ANNOUNCED! Cherry Blossoms are predicted to hit peak bloom in Washington, D.C. between March 29 and April 1, according to the National Park Service. WMAL GUEST 8:35 AM - INTERVIEW - DR. WALID PHARES - former foreign policy advisor to President Trump and author of "Iran: An Imperialist Republic and US Policy " TOPIC: The latest developments in U.S.-Israeli strikes against the Iranian regime. Daylight Savings Time begins Sunday. Where to find more about WMAL's morning show: Follow the Show Podcasts on Apple podcasts, Audible and Spotify. Follow WMAL's "O'Connor and Company" on X: @WMALDC, @LarryOConnor, @Jgunlock, @patricepinkfile and @heatherhunterdc. Facebook: WMALDC and Larry O'Connor Instagram: WMALDCShow Website: https://www.wmal.com/oconnor-company/ How to listen live weekdays from 5 to 9 AM: https://www.wmal.com/listenlive/ Episode: Friday, March 6, 2026 / 8 AM Hour See omnystudio.com/listener for privacy information.

Episode Summary: In this episode of the Solar Maverick Podcast, Benoy Thanjan sits down with Hervé Billet, CEO and co-founder of Sunvoy, the first white-label customer portal and fleet management app built by solar installers for solar installers. Hervé shares his entrepreneurial journey, from helping design Belgium's first solar car to building and selling a solar installation company in the U.S., and now leading Sunvoy. The conversation covers what solar companies need to do to create long-term enterprise value, how branding and systems drive successful exits, and why clean accounting, process, and operational discipline matter if you want to sell a business. Benoy and Hervé also discuss how Sunvoy helps installers improve operations by bringing critical project and O&M data into one place, reducing time spent hunting for information and improving the customer experience. They also explore current solar industry trends, including the shift toward Third Party Ownership (“TPOs”) and leases, rising electricity prices as a driver of solar adoption, technology improvements in solar hardware and storage, and why installer-built software creates a real competitive advantage.   Biographies Benoy Thanjan Benoy Thanjan is the Founder and CEO of Reneu Energy, solar developer and consulting firm, and a strategic advisor to multiple cleantech startups. Over his career, Benoy has developed over 100 MWs of solar projects across the U.S., helped launch the first residential solar tax equity funds at Tesla, and brokered $45 million in Renewable Energy Credits (“REC”) transactions. Prior to founding Reneu Energy, Benoy was the Environmental Commodities Trader in Tesla's Project Finance Group, where he managed one of the largest environmental commodities portfolios. He originated REC trades and co-developed a monetization and hedging strategy with senior leadership to enter the East Coast market. As Vice President at Vanguard Energy Partners, Benoy crafted project finance solutions for commercial-scale solar portfolios. His role at Ridgewood Renewable Power, a private equity fund with 125 MWs of U.S. renewable assets, involved evaluating investment opportunities and maximizing returns. He also played a key role in the sale of the firm's renewable portfolio. Earlier in his career, Benoy worked in Energy Structured Finance at Deloitte & Touche and Financial Advisory Services at Ernst & Young, following an internship on the trading floor at D.E. Shaw & Co., a multi billion dollar hedge fund. Benoy holds an MBA in Finance from Rutgers University and a BS in Finance and Economics from NYU Stern, where he was an Alumni Scholar. Hervé Billet As the CEO of Sunvoy, I'm committed to empowering solar businesses with innovative technology that streamlines operations and enhances customer experience. Sunvoy is the first white-label customer portal and fleet management app, built by solar installers for solar installers. Our platform simplifies the complexities of running a solar business, enabling companies to scale efficiently with seamless integration and effortless results. Sunvoy offers powerful tools to manage solar fleets, automate communication, and deliver an exceptional customer journey, helping companies thrive in an increasingly competitive market. Previously, I served as the CEO of Ipsun Solar, where we revolutionized the residential and commercial solar market by enabling customers to own their power, reduce their utility bills, and add value to their properties through clean, renewable energy. Ipsun Solar, a B-Corporation, was known for its commitment to sustainability, being part of the Amicus and Amicus O&M networks, and serving as a certified Tesla Powerwall installer. Before venturing into the solar industry, I worked at Accenture, where I consulted with Fortune 500 companies, U.S. Federal agencies, and large non-profits. My projects included: Calculating Greenhouse Gas emissions for the U.S. Department of Energy Headquarters. Business development for Accenture's Sustainability Services. Leading digital implementation teams for organizations like Goodwill Industries International. Providing strategic support to global institutions such as the IMF, World Bank, UNICEF, United Nations, and U.S. Department of Labor. At 21, I co-founded my first company, Solar Team, an initiative to showcase the power of solar energy through solar-powered vehicles. This early venture sparked my enduring passion for renewable energy and continues to inspire my work today.   Stay Connected: Benoy Thanjan Email: info@reneuenergy.com  LinkedIn: Benoy Thanjan Website: https://www.reneuenergy.com Website: https://www.solarmaverickpodcast.com/   Hervé Billet Website: https://sunvoy.com/  Linkedin:  https://www.linkedin.com/in/hervebilliet/      Please provide 5 star reviews      If you enjoyed this episode, please rate, review and share the Solar Maverick Podcast so more people can learn how to accelerate the clean energy transition.    Reneu Energy Reneu Energy provides expert consulting across solar and storage project development, financing, energy strategy, and environmental commodities. Our team helps clients originate, structure, and execute opportunities in community solar, C&I, utility-scale, and renewable energy credit markets. Email us at info@reneuenergy.com to learn more.

Episode Title: Tesla's Building A Robot Army — And A $1.5 Trillion Merger | Cern Basher Short Description: Bitcoin isn't money — it's a cyber security technology. And we're going to need it desperately. Cern Basher, CFA, breaks down why AI agents will choose Bitcoin, the Tesla robotaxi economics, the SpaceX–xAI mega-merger, and why Strategy might be the world's largest digital security company. Full Description: How do you constrain trillions of AI agents roaming the internet? Not with passwords and code — AI will hack all of that. You do it with physics. You do it with Bitcoin. In Part 2 of my conversation with Cern Basher — CFA charterholder, CIO of Brilliant Advice, and one of the sharpest analysts at the intersection of AI, Bitcoin, and macroeconomics — we go deep on Jason Lowery's classified Softwar thesis and why the US Department of Defence placed it under security review. Cern explains why Bitcoin is actually a cyber security protocol hiding in plain sight, disguised by the word "coin" in its name — just like gunpowder was disguised as medicine for years before engineers figured out what it really was. We also break down the deflationary tsunami hitting every industry — SaaS companies losing billions in market cap overnight, Salesforce and the consulting industry being hollowed out by AI agents, and why deflation is actually something we should celebrate, not fear. We already lived through it with the iPhone and we loved it. Cern shares his brilliant analogy for why Tesla is massively undervalued — a kid running a lemonade stand who's secretly training to become a surgeon, but Wall Street only sees the lemonade. We get into whether SpaceX and Tesla will merge, the economics of putting AI data centres in space, manufacturing pharmaceuticals in zero gravity, and the incredible opportunity for any individual to own a small fleet of robotaxis and replace their income. For New Zealand, this is a call to action. Be first. Be forward-thinking. Or watch other countries leapfrog us. In this episode we discuss: Bitcoin as a cyber security technology, not just money — and why that's even more valuable Jason Lowery's Softwar thesis — proof of work as digital defence Why AI agents unanimously choose Bitcoin for transactions The gunpowder analogy — Bitcoin's real use case is hiding in plain sight Google's centralised censorship of health and supplement companies OpenClaw and the Pandora's box of billions of AI agents SaaS is cooked — Salesforce, consulting, and legal getting hollowed out Deflation is good — the iPhone proved it and we all benefited The ice cutter disruption story — this is nothing new The K-shaped economy — will abundance lift the bottom 50%? Universal high income and making goods freely available like water Strategy (MicroStrategy) as the world's largest digital security company Tesla undervalued — the lemonade stand to surgeon analogy Will SpaceX and Tesla merge? Pros, cons, and what Cern is hearing AI data centres in space, pharma in zero gravity, and Starship economics Owning your own robotaxi fleet — replacing your income New Zealand's opportunity to leapfrog the world Links mentioned: Cern Basher on X: https://x.com/CernBasher Brilliant Advice: https://www.brilliantadvice.net Jason Lowery's Softwar thesis (MIT): https://dspace.mit.edu/handle/1721.1/153030 Cern's GDP & Dematerialisation post: https://x.com/CernBasher/status/1913993658572984440 Part 1 of this episode: https://youtu.be/eh0hKibH6Zs

In this episode of PayTalk, we're joined by Carolyn Hayden-Garner, Director of Finance at Tesla, who brings 33 years of payroll leadership experience managing operations for over 140,000 employees worldwide. In honor of International Women's Day, Carolyn discusses creating inclusive environments and mentoring the next generation of payroll professionals, with a special focus on supporting women's advancement in leadership roles. We explore the barriers women face in senior payroll positions, the importance of sponsorship beyond traditional mentoring, and strategies for building confidence and visibility.  Do you have thoughts or questions about empowering women through mentorship in payroll or creating more inclusive leadership opportunities? We want to hear from you! Join the conversation by reaching out via email at podcasts@payroll.org or sending a message to the PayrollOrg Facebook page.

Bienvenidos al DAILY NEWS, un podcast diario de martes a viernes donde conocerás en menos 10 minutos toda la actualidad del sector de la automoción (Coches eléctricos) y movilidad eléctrica. Te gestionamos el beneficio del CAE, mas info en: https://somoselectricos.com/certificados-ahorro-energetico-cae-coche-electrico/ Obtén 50€ gratis en Octopus Energy: https://bit.ly/4eTLCDg Enlace baliza V16 recomendada: https://amzn.to/3LXPTfF Puedes usar nuestro código de referidos de TESLA a la hora de comprar tu coche: https://bit.ly/referidoTesla para recibir créditos TESLA de forma gratuita. Si te gusta nuestro proyecto de podcast recuerda que puedes apoyarnos a través de nuestro PATREON: https://bit.ly/patreonSE y accederás a un grupo exclusivo de Telegram. También lo puedes hacer a través de IVOOX. Tan solo ves a esta URL https://www.ivoox.com/podcast-somos-electricos_sq_f1627406_1.html y pulsa el botón de APOYAR. Tu ayuda nos permitirá invertir más tiempo y recursos en el proyecto de Somos Eléctricos. ¿Te animas?

Apple launched its cheapest laptop ever… we think repeats a mistake Tesla made.Soulja Boy is the 1st rapper to clone his voice with AI… to sell B2B software.Stocks are actually up since the War with Iran began... We explain investors' bull case.Plus, tasering, squats, math problems… say hello to Extreme Alarm Clocks.$AAPL $META $SPYBuy tickets to The IPO Tour (our In-Person Offering) TODAYArlington, VA (3/11): https://www.arlingtondrafthouse.com/shows/341317 New York, NY (4/8): https://www.ticketmaster.com/event/0000637AE43ED0C2Los Angeles, CA (6/3): SOLD OUTGet your TBOY Yeti Doll gift here: https://tboypod.com/shop/product/economic-support-yeti-doll NEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.

Kiera is joined by Derick Van Ness of Big Life Financial to talk about taxes, and how to handle them beyond simply thinking of them as a necessary evil. The pair discuss knowing your numbers, utilizing tax credits, the magic touch of a CPA, and more. Episode resources: Subscribe to The Dental A-Team podcast Schedule a Practice Assessment Leave us a review Transcript: The Dental A Team (00:00) Hello, Dental A Team Listeners, this is Kiera. And today I am super excited. This is one of our top favorite guests that has been on the podcast. We're bringing him back on because there are some new updates and our clients love him. I love him. He is incredible. Derick Van Ness, he is with Big Life Financial. And you might have heard him on the podcast before talking about R &D credits, tax saving ideas, CPA.   This man does a lot of your wealth and how to build and keep your wealth. So I always love our conversations and just like his good information. Plus, if I remember right, he might know Garrett Gunderson. So obviously I've been a fangirl since day one. Derick, welcome back to the show. How are you today?   Derick Van Ness (00:42) Well, I'm doing great and really happy to be here with you, Kiera. I'm not Garrett Gunderson because he is taller and better looking, but I'm a good second place.   The Dental A Team (00:48) Ha ha ha!   I think that you're great. The fact that you know Garrett Gunderson, that already just has elevated you. I mean, I think it was one of our first conversations we ever had. And I was like, have you ever read like Killing Sacred Cows? And you're like, I actually know Garrett Gunderson. I was like, what? Fangirling. So ⁓ anyway, Derick, for those who have not met you, haven't heard your episode, because we do have new listeners to the podcast. Just kind of give them a little intro of who is Derick Bennis? What is Big Life Financial? And give the listeners a little intro to who you are.   Derick Van Ness (01:20) Okay, well outside of being ⁓ in love with my wife, in love with art and in love with racing sailboats, what I do professionally is I help ⁓ doctors and dentists to be smarter with their money. So what does that mean? That means how do you, not so much to make it, I mean we do help people scale, but once you make the money, which is something a lot of dentists are good at, how do you keep it through tax savings? How do you grow it and how do you protect it, right?   And today we're going to talk a little bit about how do you keep more what you make? Because honestly, for dentists, even though taxes seem boring when you don't have to write that $50,000 or $100,000 or $200,000 check, it gets a lot cooler. If you would have told me I'd be a tax and financial guy when I was a kid, I probably would have just taken an early exit somewhere and jumped off a bridge. But I really see money in what we do as a lifestyle business. It's not about money.   The Dental A Team (02:01) Yeah.   Derick Van Ness (02:17) If you have enough, then money is what it is. When you don't have enough, it's a problem. And I just find for a lot of people, it's the reason or excuse that they constrain themselves. They don't spend time with family. They don't think do things that they want to do. They don't have the experiences that are going to change their life. So when we can get money out of the way, then you can live your big life, which is why the company's big life financial, because it doesn't matter if you have more or less money. The question is, what's the life you're living? What's your quality of life?   And so taxes are a big piece of that. Obviously we can't talk about everything on a podcast like this, because you'd be buried under a ton of bricks. But that's what I do is I try to make this stuff easy. I try to make it fun. And I want you to realize that the whole point of all this money stuff is so that you can live a life you want to   The Dental A Team (02:55) You   Which Derick, that's why we have connected. You have met my husband. have had personal conversations outside of the podcast because I very much align and subscribe to this lifestyle and this mode of thinking. I believe that practices should work for us and us not work for our practices. I believe that we became business owners to have these big lives and these, audacious dreams. And yet I feel so many people live below their, their potential. They are trapped. They are.   Derick Van Ness (03:33) Mm-hmm.   The Dental A Team (03:34) It's crazy. I ⁓ had a client and she actually made so much money last year, which was amazing because the year before she was like, Kiera, I want to make more. So I was like, great, we're going after profit and production like blinders on. Don't talk to me about anything else. And she had like a crazy year and she's like, great. Now I have this huge check. I've got to write in taxes. And I was like, not my problem. Like you need better CPA help on that, but glad we made you the money. But I bring that up because one, it was a huge win for a client, but two,   Derick Van Ness (03:52) I don't know.   Yep.   The Dental A Team (04:02) I think that people being able to keep the money that they make, hold on to more money that they make. Like I love that we live in America and it's a free country and that we get to pay taxes. Like I'm so freaking grateful for that. With that said, I do not want to pay one penny more than I need to. And I want to maintain and keep as much as I possibly can to live the life I want and to not feel the guilt of being a successful business owner and to do the fun things that I always imagined and dreamed of doing without the guilt of doing it. And I think so many people are so scared of.   Derick Van Ness (04:11) Yep.   The Dental A Team (04:32) being financially free, they're scared to spend money. They get hit with tax burdens left and right. I can't tell you how many dentists that I hear at the end of their career and they've had great careers, but they have no financial stability. like, Derick, this is the stuff that stresses me out and keeps me up at night and which is why you're on the podcast because I want people to be smarter. want them to be more educated and I want them to live happier lives. So let's walk through like R and D credits and CPA and like how people can live a more enriched   Derick Van Ness (04:33) Mm-hmm.   Yep.   The Dental A Team (05:02) big life today rather than waiting. I think it's just a fun topic to talk about. I'm intrigued, so let's talk about it.   Derick Van Ness (05:07) Yeah   Well, let's do. mean, we can start generally with taxes and then we can kind of move into the credits piece because it is like a it's just a small very segmented piece of what you do with your taxes. overall, the biggest thing I see is most people see taxes as like a necessary evil. This is the thing I have to deal with. When people see something as a necessary evil, what do they do? They do the minimum. Right. And what that really turns into is   You're not talking with your CPA. You're not coordinating with them. You're not being proactive. At the end of the year, you just want to do the least. So you just hand them all your stuff. I realize people don't come in boxes anymore. Now it's like, here's my QuickBooks password. Or I add you to my account. ⁓ And then they tell you how much you owe. But if you ran your business that way, if you just didn't look at anything all year, and at the end of the year, you're like, I wonder how we did. Wouldn't go so well if you didn't talk to your team about anything. What's that?   The Dental A Team (06:01) People do that though, Derick. They do it all the   time. This is not abnormal. They do it all the time. They're like, my gosh, I owe how much? my gosh, we didn't hit goal. And I'm like, ⁓ let's at least look at our numbers. Like that's step one. Step two, let's talk to our team. You're not wrong. I'm just shocked at how many people do this in real life. And I'm like, hey, there's a different way of living. like, maybe let's take that path. Just try it out. It's like t-shirt. Try that one on. It might feel better than your current oversized, like two baggy of clothes that don't fit. And then you're angry.   Derick Van Ness (06:11) I know.   The Dental A Team (06:30) the time. anyway go on didn't mean to interrupt the rant.   Derick Van Ness (06:32) What if I'm gonna be   a Gen Z VSCO girl? I I want the Oversight T-shirt and the angst.   The Dental A Team (06:36) Well, as I said it, as I   said it, I was like, well, that's like the current style. Like what's uncomfortable clothing? Maybe it's like the wool scratchy. I just came back from Iceland and I'll tell you what, I didn't buy a single shirt there. I was like, that is gonna scratch me. I know it's warm, but I'm not wearing that for the rest of time. Like there are softer clothes in this world that are equally as warm. Like I'll choose that. So that maybe you're wearing a wool scratchy sweater. Cause you never look at your numbers. You're always irritable. You're always angry.   Maybe you might get the oversized hoodie that's way more comfy. Maybe that's the better analogy for today.   Derick Van Ness (07:07) Well, and so you help them look at their numbers, right? What's your P &L? What are your KPIs? There are tax numbers too, right? Like I'm usually meeting with clients in September-ish to say, OK, how much have you made so far this year? What does that put us on track for December 31st? And then we have November, I'm sorry, September, October, November, December to do things to get that number at the end where you want it to be. I'm not talking about go out and spend $1.   to save $0.40, right? People do that. Oh, go buy a car. If you don't need a car, that's just a waste of money. I literally had someone who's like, should I just buy a G-Wagon? I'm like, only if you were going to buy a G-Wagon anyway. They want the tax break, but.   The Dental A Team (07:45) I mean, I asked that question too.   I mean, I do. I do ask it as well, but it's unnecessary. You're right. Like, so I can repel you you're not going to do it. Don't just because you get the tax benefit. You just have to pay the money. So, but I do ask because I want to know, just tell me I can buy the boat, Derick.   Derick Van Ness (07:58) Yeah.   Well, boats are totally different. They're way more fun, but they're also way more expensive to maintain. So I love boats. I absolutely do. But they are not cheap, right? As the saying goes, break out another 1,000. That's what boat stands for. Just go to the ocean and throw $1,000 in it every month. That's what owning a boat's like if you don't use it.   The Dental A Team (08:05) They are not. I know.   gosh, I've never heard that.   That's hilarious.   That's hilarious. I've heard like the best day and worst day of owning a boat is the day you buy it and the day you sell it. Like that's the only best days. I have a boat. I do love the boat. It is an older boat. things I'm not... Maybe mine's like break out a 10 because we've got a much older boat. But like, know, when we upgrade then we'll be in the thousand realm. ⁓   Derick Van Ness (08:28) So.   Yep.   Yeah.   Yes, yes. So boats are great. Not usually the best tax strategy. But the big thing here is when you sail a boat or when you drive a car, I heard this the other day and I thought it was perfect. It's like when you drive a car, what's bigger, the windshield or the rear view mirror? Most people are doing taxes in the rear view mirror. That is not about your expansive future. That's about recording your past, right? And so if you just did business planning one year at a time,   Like you wouldn't ever buy the building. You wouldn't ever invest in the equipment. You wouldn't ever invest in the education, right? It's the same thing for taxes. It is part of a cohesive and ongoing plan. ⁓ so when you want to plan that, we have to look into the future. And so looking into the future allows you to control your income, control your expenses. But you have to know your numbers to your point, right? Like if you don't understand a P &L,   It's really hard to do tax work because we don't know what your income is. And I have some clients who come in that way. And I have to really get them to understand that if you don't have good books, you don't have good data, it's like trying to do dentistry without a diagnostic. You just go in and start drilling teeth to see what's happening. No, you wouldn't do dentistry that way. Don't do that way with your taxes either. should I just buy this and I'll just buy that and randomly and I help those work out?   Your P &L is really like your diagnostic, right? Both on the income side, but also that's related to taxes. And so I think the big thing for people is think of taxes as an additional income stream. If you do this right, you can keep, like a lot of dentists pay 40 % or more in taxes, right? So if we can cut that from 40 down to 20 to 25 % on average, that's 15 % straight to your bottom line.   And it probably takes an average of two hours a month at most, which is pretty good, right? Like if you could add a new service into your business, no employees, no marketing, no overhead, two hours a month, but profits went up by 15%, would you take it? Most dentists would say, yeah, that six figures is pretty good.   The Dental A Team (10:53) As long as I'm not going to jail, Derick,   I don't want to go to jail. That's my only line. Like, how is this legal? Because so many people talk about tax strategy and my line is I'm willing to live in the gray, I'm just not willing to go to jail. So how do you go from 40 to 20 that's legal and ethical?   Derick Van Ness (11:01) you   Yeah, we don't want to go to jail.   Yeah, so there's two things. There are lots of little things. So research and development credits, which we'll get to in a minute, is one of those things. It's not little. I would call it a medium thing. For a lot of dentists, it's worth between $10, depending on the size of your clinic, $10,000 $50,000 a year. So it's sizable. And then there's all the pay your kids, cost segregation, salary and dividends, all that kind of stuff. And those things stack up. If you pay your kids right, then that can save you   The Dental A Team (11:21) I agree, I would too.   Mm-hmm.   Derick Van Ness (11:40) 10, 15 grand if you're in a state where you can pay your state taxes and have a federal write-off that might save you 10, 15, 20 thousand dollars a year. Taking a salary, the proper salary versus dividends that might save you another 10 or 15 thousand. So these things start to stack up but when you're in that 500,000 plus tax bracket there are things like and I can't totally get into details because this is stuff for accredited investors and I don't know who the listeners are and all that but there are   Investments you can make that have big tax breaks, right? And that could be everything from energy types of things to short-term rentals, different types of real estate. There's a lot of different stuff, right? So that sort of depends on what's the life you want to build and aligning that. ⁓ There are lots of charitable and donation type strategies where you can create some really big tax breaks. There's entity structuring, ⁓ where you take your income and how you take your income matters.   So you can really layer all of this stuff and make huge chunks, take huge chunks out of your business. The bigger you are, the bigger you can do with these things. And honestly, once you get over a million plus in income, then there's another layer of stuff you can do. It's just a lot of times the setup costs, you have to have enough tax burden to make it worth it. But there's some really neat stuff out there. And some of the stuff with the big, beautiful bill. ⁓   bringing back bonus depreciation. There's some really neat things where, oh, if you do a solar thing, you can get some credits, but then you can also get all the depreciation in the first year. And so you put in $100,000 into this type of investment. You may not make a lot of money, but you might get $150,000, $175,000, $200,000 worth of write-offs on your taxes. And when I say write-offs, mean dollars you don't pay, like true credit dollar for dollar. That could be huge, right? Things like that.   The Dental A Team (13:10) Yes.   Right.   Derick Van Ness (13:38) that a lot of people are just unaware of. And don't take that as an investment advice. I'm just telling you about things that exist in the world that may or may not be for you. Check with your financial professional. But yeah, you start stacking all these things up and you go from, I wrote $150,000 check to, I wrote a $60,000 check. And then what I like to do is help people take that 90 grand you would have given to the government. And now let's add that to what you would already save. And for a lot of people, that's   The Dental A Team (13:47) That's amazing.   Derick Van Ness (14:07) a lot more than they were already saving. So we more than doubled their savings rate. And the fastest thing you can do to build wealth is just get more money into the equation. So that's really it is we're trying to create money that you can then put to work for you outside your business. Because what nobody ever tells you is, even if you're an amazing dentist and you make all this money and you sell your practice for top dollar, and you get all that money, you become a professional investor.   The Dental A Team (14:27) you   Derick Van Ness (14:36) And if you don't have any investment skills, if you don't know how to put that money to work, if you don't know how to protect it, you're just a lamb to the slaughter. You know, everybody shows up, they got an idea. Your brother-in-law wants to start a coffee shop or a brewery. Your neighbor has the next best tech app. And all of a sudden, all this money just starts disappearing because you're not seasoned. So one of the things we like to do is get people doing these types of investments, learning, getting a skill set around it so that when you do get that big   big shot when you sell your business or you have those huge tax or those huge years and you don't pay all the taxes, you know what to do with the money. Because that's a whole different skill set than running a dental clinic.   The Dental A Team (15:17) I don't disagree. And that's why Derick, I love having you on here. And I think your comment of the goal is to get more money to put into the equation. What are the things like, I have 90 grand or I have 150. What are some of those investments that, again, realize that we're being generic and there's a reason you have to be generic is because there are rules that financial planners, advisors, CPAs have to abide by. in general terms, Derick, what are some of the ways that   Derick Van Ness (15:25) Mm-hmm.   The Dental A Team (15:45) you found to generate higher levels of wealth? We're putting more money into the equation, but what's the equation that's going to get it? And again, I know this is very, I would say like vanilla. We're just talking very much basic.   Derick Van Ness (15:56) Yeah, yeah, I'll just   give you the principles, right? The philosophy behind it. One of the things is we always, all of our lives we've heard diversify your assets. Diversify, diversify, diversify.   The Dental A Team (16:06) all weather portfolio, Ray Dalio, right? Like you got to get it everything, have it all. What is it like? think eight uncorrelated assets or something like that is what it should be. Anyway, there you go. Okay.   Derick Van Ness (16:09) Yep.   8 to 16 non-correlated asset   classes. Yep. And the idea here is this. It used to be that you could put your money in the stock market. And each individual stock did its thing based on what its performance was. Since the late 90s, early 2000s, everything's kind of gotten grouped together. Almost everybody just buys the S &P 500 or just buys index funds, which is basically the whole market.   And so if you look at the top five stocks, which are usually the Google, Apple, Tesla, Nvidia, depending on one or two others, ⁓ whatever they're doing is usually what the market's doing, right? It all has a tendency to ebb and flow together because it's all been chunked together. So I don't see those all as different asset classes anymore. How I personally invest, I'm not saying you need to buy into my ideas, but so you can have money there. But then I do think you want to have money in other things.   that maybe aren't tied to the stock market. Maybe you've got some oil and gas. Maybe you've got some farming communities in Central America. Maybe you've got someone who's doing senior living homes, someone who's developing all these empty office buildings. And they're all tied to different things. So that way, if the stock market takes a dump and goes down, that's not all your portfolio. Maybe it's 15 or 20%.   if real estate takes a hit. Yeah, your real estate takes a hit, but maybe something else does well. Having things in your portfolio that if some of them struggle during inflation, some of them do well during inflation, right? Things like gold that holds its value. And so the idea is to be able to put your money to work in a way where it's in a bunch of different buckets that aren't all tied to the same thing. And what that really creates is stability, right? And why that's so important is when you're growing your money,   The Dental A Team (17:46) Mm-hmm.   Derick Van Ness (18:09) You can have the ups and downs a little bit, but when you go to start pulling money out, the volatility, the ups and downs are what really kill your ability to pull money out, because you have to always protect against the downside. And it's why if you look at the market historically, it'll go up, depending on who you ask, 6 to 8%. But when you're pulling money out of the stock market in retirement, the numbers say sustainably over the long term, you can only pull 3 to 4%. Why is that? You would think, ⁓ I can pull.   The Dental A Team (18:21) Mm-hmm.   Right.   Derick Van Ness (18:38) six to eight, but it's three to four because of the volatility. If you are counting on that, it crashes that year and you sell. Then when the market recovers, you have less money to recover with. And over time that stacks up. So the idea there is to work with someone who has the ability to put you into different asset classes, help educate you. This also gives you a chance to try different things. So you can start to get that seasoning we were talking about and learn how money really works because   The Dental A Team (18:43) Right.   Derick Van Ness (19:09) You know, money, health and relationships are the three things that really dictate the quality of your life. And it's funny, we don't spend a lot of time in them in school, right? And so, ⁓ so it's something you have to learn, just like if you don't learn how to take care of your health, you suffer. If you don't learn how to have good relationships, you suffer. And money is another thing. All of those you can get help with, but at the end of the day, you have to be able to be competent enough.   to get the results you want. And money is just one of those things.   The Dental A Team (19:40) Yeah. No, Derick, that's a, think it's such a good way to look at it. And I will say, I was very much a baby investor and I think I still would qualify myself as pretty naive. But it is, they say like, I don't know, what is it? The eighth wonder of the world is compound interest. And it's crazy because when you start out and you just get started on your investments, it feels like this is stupid. At least I have, I've so told many financial advisors, feel like they like,   Derick Van Ness (20:04) Mm.   The Dental A Team (20:07) money monster. So it's like the cookie monster. Like I give my money to you. I never can get it back. I have no clue how to access this money. And then you start to see it and you're like, wow, that started to compound and this started to become different. And we had our first year with it. We didn't have to write such a large check to the IRS and done legally and ethically. And I was like, wow, this is a very different world that I'm living in than I have been. And it wasn't as hard as I thought. And so I, like you said, I do feel like you're   Derick Van Ness (20:11) Yeah.   The Dental A Team (20:33) comfort level and they do say that women tend to be better investors than men because women, we just put money in, we give it to you. We're like, here you go. We don't ever like go check it and watch the stocks. Stocks. Whereas men are like, cons I'm like looking at those stocks, like my husband checks it like 10 times a day. And I'm like, just don't even look at it. Like I don't even, it's the cookie monster, the money monster. You take the money. I know you haven't like taken it. People get angry with me. They're like, Kiera, we can't legally take your money. And I'm like, no, but I just have no clue how to access it. They're like you email. And I'm like, I know.   Derick Van Ness (20:44) Right.   Yep. In your brain, right?   The Dental A Team (21:02) but it like stocks and then I got to pay taxes and I don't understand any of it. But I will say, I think it's like PNLs, the language of money, the language of investing. It's a skill that you are learning. And I do agree, the younger you can learn this, the more time you have to recover if you make mistakes and versus having to be perfect later on in life. So I really very much subscribe to your model of thinking. And I love that. I love that you've talked about taxes, how to save, how to get it into   Derick Van Ness (21:11) Mm-hmm.   The Dental A Team (21:31) Again, I remember I sat in a Tony Robbins wealth mastery thing. Ray Dalio was in the room. had no clue who half like Paul Tudor Jones. I think that's his name. Like so freaking smart. I had no clue who these people were. And like here you've got like five billionaires sitting in the room with us. And I was like, I had no clue. And they start talking about this stuff. And I feel like an idiot, but I will say it's an idiot that I love to be because the more I learn about the more I'm involved in it, the more you expose yourself, the more you learn how it works.   Derick Van Ness (21:38) John Paul Tudor, yeah.   Yeah, I remember.   The Dental A Team (22:00) And I think like what you're saying, Derick, I just hope people talk to your financial advisors, get your uncorrelated assets, start building that portfolio because time, like they say, you only have so much time and the best time to plant a tree was like a hundred years ago. The next best time is today. And I just, I don't want to be that person when it comes to my portfolio where I wish I would have started. All of us will wish we started sooner, but I am grateful that we started as young as we were and are building it the way we have versus   Derick Van Ness (22:23) Yes.   The Dental A Team (22:28) waiting until like, and I don't care if you haven't started then start today. If you've been doing it, figure out how you can do more. ⁓ But I think Derick, I have a question of, I always live in scarcity. So what do you tell a client like myself where I'm always afraid that I'm going to run out of money. I don't know where it comes from. It doesn't matter how much I have. I have acorns upon acorns upon acorns. I swear like you've probably can find money in my couch. I'm not that bad. I don't have it in the couch, but like,   Derick Van Ness (22:32) Yep.   The Dental A Team (22:54) How do you get to a level where you feel comfortable spending money rather than just always saving for retirement and not living today? What's the balance of that?   Derick Van Ness (23:03) Yeah, so what I've discovered working with over 2,500 people on all of this, Kiera, is like money problems don't like quote unquote go away. They just change. In the beginning, it's like, how do I make money? I don't have enough money. How do I manage the car payment or whatever? Then you make a little bit more and you're like, okay, now I'm past survival. Like, how do I start to grow? Right? So you invest in yourself, your business, your education, whatever. Then you start to grow some more.   Then you start saying, okay, now I'm growing and I'm making money and I'm living a decent life, but how do I build for the future? So it's not just the now, then it's the future, right? And then what happens is you definitely get to a point, at least I've seen this for myself and a lot of clients is you start to make a good amount of money and the problem becomes how do I make sure that this doesn't ever go away?   Right? Like now I'm living this really good life and I can travel and I can spend time with family and I can do the things that I want to do. And I can buy nice clothes or go to nice dinner or do nice things for my kids or whatever your thing is. And I don't have to think about money. But then there's this fear of like, what if I lose that? Right. And going back. And so the money problems just change. I believe it's an instinct that's built into us. Like the monkeys that ate bananas and then just stopped worrying and didn't hoard them.   ended up dying faster than the ones that hoarded them, right? And so, like, I think it's an instinct to be paranoid, to be fear-driven, and that's where we have to, as humans, understand our wiring and say, my wiring is for survival, not for happiness and fulfillment, right? Because survival is what reproduced. Happiness and fulfillment, especially in a scary world of survival, ⁓ doesn't do very well.   The Dental A Team (24:27) Sure.   Derick Van Ness (24:52) Right? So, so we have to try to rewire our brain as much as we can. ⁓ And I think the biggest thing is to focus on a big future, a big vision. When you're moving towards something, then you're not focused on moving away from something. When you're in fear, you're, moving away from something. I'm moving away from failure. I'm moving. I'm trying to avoid losing money. I'm trying to avoid running out, trying to avoid making a mistake. You know, this about business ownership, like you can't avoid the mistakes. You just try and minimize them.   and learn from them as fast as you can. Like making mistakes is part of success and nobody says it that way, but I think it's really, really important to get that. And when you're moving towards something, you're in abundance, you're in striving, you're in goal oriented, whatever your thing is. And that doesn't have to be about money. That could be, I wanna be a great parent. I wanna get in better health. I wanna have more free time and make the same money.   So this isn't like just a money conversation, but when you're moving toward those, you have a tendency to lose your fear. I think it's when we aren't sure where to go next that we get afraid of losing ground and we do that. And so I think sometimes it's just a matter of clarity and reminding yourself, where do I want to go? What am I building? Like once you get past a certain point, like, you know, once you get past a certain amount of income or a certain amount of wealth, it's not about money anymore.   Right. It's really about contribution. It's about impact. And I think when we, our mind can really only focus on one thing at a time, especially as men, ⁓ women are much better at seeing the big picture. ⁓ But, but really when you're focused on something that holds your attention and then it doesn't drift to some of the other stuff as much, it doesn't mean you won't. Cause I'll tell you, I'm at my most vulnerable when I wake up in the morning and my brain starts doing payroll and all these other things. And like you said,   The Dental A Team (26:26) you   Derick Van Ness (26:47) I have enough cash stored away that I could not make a dollar for a year and still pay for my whole business and do the whole thing and be fine. But that doesn't mean that that instinctual part of me doesn't freak out for a minute until I come in and say, hey, we're building massive things. We're changing people's lives. Let's just focus on that and let the rest take care of itself. That really is the best thing for me is to focus on where I'm going, not where I'm afraid I might end up.   The Dental A Team (27:15) Absolutely. I   think that was good. Good wisdom there. You are the person, if you guys have heard me talk about it on the podcast, this came from Derick. He's the one who's told me it's a return on emotion, not necessarily a return on investment and like what helps you sleep at night, what helps you stay there. And I love that you talked about like it is a survival instinct. It's not a bad instinct. so loving that side, but also tempering it so that way we can enjoy the fulfillment. And again, I also think that there becomes confidence in yourself. I think enough.   enough business crashes, enough mistakes, enough things where you come back from it also teach you that there's certainty within yourself that no matter what comes your way, ⁓ you know that you'll be able to survive it, you'll be able to come. Someone told me once, it's not unsafe, it's just uncomfortable. Unless someone's running at you with like a knife and it's truly life threatening, it's like if the stock market crashes, that's like we're still safe, it's just going to be pretty dang uncomfortable for a little bit. If we become bankrupt,   Derick Van Ness (27:47) Mm-hmm.   Mm-hmm.   The Dental A Team (28:13) We're not unsafe, we're just uncomfortable. And that has given me a lot of, I think, temperance on when you think about finances, like that'd be uncomfortable, but I am still safe and I would still be alive and we can come back and we can figure things out. So Derick, I know we wanted to pivot gears and talk R &D credits, because this is something that's new. yeah, let's kind of chat that because I think we've gone through tax strategy, building wealth mindset around ⁓ how to maintain and have that.   Derick Van Ness (28:30) Well, yeah, we'll keep it short here.   The Dental A Team (28:42) return on emotion and building those skills. And I really love that you just said money issues don't ever go away, they just change shape. And I think that that's the same as business, right? Business problems just become a different flavor and different color. ⁓ But now let's talk about like some R &D credits because we've talked about R &D. I've seen several clients do very well on R &D credits. So was excited to hear like, they're back and they're back again, and they look a little different. So I'm excited to hear if you guys don't know what they are, Derick will definitely explain them and how you can.   Derick Van Ness (29:02) Yep.   The Dental A Team (29:08) Dental practices are ripe for the picking of R &D, it's exciting to have a resource for dental practices.   Derick Van Ness (29:15) Yeah, dental practices really are because the R &D credits are designed when you do new things in your business that are based in technology. And that could be computer science, engineering, biological science, or physical science, like chemistry, ⁓ which dentists are doing all of that stuff. So when you do new stuff in your business, the government realizes you're taking a risk. You're trying a new implant system. You're trying a new ⁓   a new type of diagnostic, you're trying a new flow for your patients, whatever. Sometimes it blows up in your face. I everybody listening here has tried a new piece of software and after six weeks you wanted to throw the computer out the window and you're like, we're going back to the other one, we got to find something else, right? ⁓ Or we tried 3D printing and it was just really, really hard and like some people love it, some people hate it. But at the end of the day, every time you take that risk, the government knows that you could lose money.   The Dental A Team (29:57) Totally.   Derick Van Ness (30:11) So the R &D credits are really their effort to say, don't stop innovating. Don't stop trying to get better. We know you're going to take some skin, knees, and elbows along the way. And we're willing to give you some credits to help with that. so ⁓ dentists, like dentistry is moving so fast. I don't have to tell the listeners that. There's new stuff every single quarter, every single year. Five years ago, everybody was getting crowns to be milled. Now they're 3D printing teeth and doing all, you know.   digital scans and all the other stuff and pretty quick here, think we have robots doing surgery. I don't necessarily want to be the first person to try that, but.   The Dental A Team (30:45) Yeah, me neither. I'm like number   like 200,000. I'll try it at that point. I'm usually like number two jumping off a cliff if the first person's alive, then I'll jump. Unlike innovative robots, I only have 28 teeth left, so I'll just let them practice a bit more before they come to me. It's okay. Stick with the drill and fill. Yeah, the drill and fill, I'm okay with it. It's all right. It's better.   Derick Van Ness (30:51) Yeah.   Yeah.   Yep.   I'll just pay a little more for the people.   Yes. so effectively, most dentists just don't realize they're qualifying for these credits. And so what we try to help them do is we do a free estimate to help you understand, OK, let's go through the different things that you did in your practice. It takes maybe a half an hour to identify the different things you've done. And right now, there's a window. And this is why we wanted to talk about this today, that closes on the 4th of July of 2026. So we've got about three or four months left.   where you can go back and you can file for 2022, 2023, and 2024. I don't want to bore everybody, but effectively when they did the 2017 tax rewrite, the first Trump tax rewrite, it broke the R &D credits in 2022. You could file for them, but the downside was bigger than the upside, so it wasn't worth doing. Now, they kind of did that on purpose to balance the budget, and they thought, oh, we'll change it before 2022, and then COVID happened, so they never changed it.   So it got broken. So they came back and they fixed it and said, hey, you guys can go back and claim this, but you really only have until the 4th of July. So they gave us one year to do it. ⁓ And so it's a big opportunity, a big window right now where you can get three years worth of credit. So you can literally go back. The government will send you a check for taxes you've overpaid, and you can get that money back. I won't tell you the IRS is really fast at processing this stuff, but they do get to all of them.   The Dental A Team (32:23) Wow.   No.   Derick Van Ness (32:34) And the checks come in, and we've done over 1,000 of these for clients. So it's definitely a legit thing. And the credits have been around since the 80s. They became a permanent part of the tax code in 2015. So they were kind of new. They've been around about 10 years. But the first couple of years, nobody knew. then over the last couple of years, they've become more and more popular. But then they kind of screwed them up in 22 through 24. So the reason I wanted to talk about them is if somebody is a dentist, they're not claiming these credits. But they are doing.   The Dental A Team (32:38) Wow.   Derick Van Ness (33:04) Innovative things upgrading equipment trying new software trying new techniques new implant systems new Diagnostics, whatever you probably got all these credits sitting there. You don't know about and It's worth getting a free estimate to see what's on the table. Yes You do have to amend your taxes, which is a very small pain in the butt But your total time into this should be an hour or two, which is really a short conversation You send over tax returns ⁓ A team like ours would give you an estimate   And if it seems like it's worth doing it, then you do it. You just let them do their thing and you write the check for the fee, right? So it's pretty hard to beat bang for your buck hour for hour. And like I said, for a lot of practices, it's between 1 to 2 % of your gross revenue. This is not a quote. This is just like what I've generally seen. So if you have a million dollar practice, it's probably 10 to 20 grand a year if you're doing these types of things. I mean, I have some. We just did a doctor who's got   Six offices they're getting almost a half a million dollars back right it can be it can be major and Doesn't take him any longer than to take someone with one office so you know it's it's just a big window of opportunity that I wanted to try and squeeze in here and People who haven't done this or unaware. It's like hey, we got a big opportunity and you can do this for 2025 moving forward every year. It's it's back indefinitely and so my hope is   The Dental A Team (34:07) It's incredible.   Derick Van Ness (34:32) People can do the catch up. And then from here forward, you don't even have to amend. You just party your tax return. You just don't pay the taxes. Just like you depreciate equipment or anything else and just get the tax break, the difference is tax credits are dollar for dollar. So if you get $10,000 tax credit, it's just $10,000 you don't pay in taxes, not a $10,000 write off, which might be worth $3,000 or $4,000.   The Dental A Team (34:40) awesome.   Mm-hmm.   Totally. No, and I think Derick, I'm so glad you brought this up. And at first I was creeped out by you. I'm not going to lie. Like when you first started talking about it, was like, are these like, I don't know, what are they called? The opportunity zones. And like, I heard a lot of people got their shorts burned on those. And I was like, do I even put this on the podcast? But I will say, Derick just said he's done thousands of them. They have had great success. I have seen clients tell me, thank you. So that's why I wanted Derick to come on because any client that comes from Dental A Team does get preferred.   Derick Van Ness (35:03) you   huh.   The Dental A Team (35:26) I don't know treatment. don't know what you guys do, but I do know that there's, ⁓ you guys get, you just said you get pushed to the front of line. If you mentioned you heard on Dental A Team podcast, we also have a link with big life financial. I'm pretty sure Derick, if I remember right, I'm pretty sure we do. ⁓ but definitely wanted you guys to have that, especially with a closing in July. And it's something where I love that Derick will just like, he's met with me and my husband several times to talk about multiple things. Derick is non pushy. And I appreciate that about you, Derick. You ⁓ educate.   Derick Van Ness (35:27) Treatment, yep, yep, front of the line.   We do. Yep.   The Dental A Team (35:56) and then give people the information and then you're to make the decisions on your own. So I think like, why not? Why not reach out to Derick? Why not just like see what it looks like? And then you have their resources. They're not going to file unless you want them to. You don't have to break up with your CPA if they file for you. I'm pretty sure. Is that right? Like you don't have to switch.   Derick Van Ness (36:09) Correct.   No, no, yeah,   you don't have to. We can amend it for you. But in a lot of cases, it makes sense to just have your CPA do it. They've got all your information. So but we can handle it either way.   The Dental A Team (36:25) So I think like on that, I just feel it's very much worthwhile. And I know Big Life Financial does a lot. do. I'll let you like take it because I know you guys are added to more services. But I think like if nothing else, we want to have the call to action of like, just look into the R &D credits. Like I said, I have seen multiple checks go to practices. They have not been audited. ⁓ Things have gone very smoothly for them. I was skittish. But I mean, Derick, we've been talking about this, I don't know, almost five years now, if not longer, that we've been telling practices about it. So.   Derick Van Ness (36:52) Yep.   The Dental A Team (36:54) very excited, but Derick, kind of tell about the makeup of what Big Life Financial is and then how people can reach out to you, especially in particular to the R &D credits.   Derick Van Ness (37:04) Yeah, so for the R &D credits, just go to, it's just BigLifeFinancial.com So BigLifeFinancial.com/DAT D-A-T right? Dental A Team. And all you got to do is just set up a time there to talk with myself or someone on my team. It's like a 15 minute call. And we'll just screen it, see if it makes sense. Beyond that, we do offer full service taxes if for some reason you're looking for tax breaks or you feel like you're, for one reason or another, you need to make a change.   then we can do that. We do also work with an RIA. So if you're looking for some of these investments that might have tax breaks or other diversification or whatever, we have those capabilities as well. So we really try to be front to back like what we call like a family office or a fractional family office, which is what the super rich people have. They just have an attorney and a CPA and a   Uh, an insurance guy, an investment guy, or probably 10 investment guys who all just work for them. Obviously most people can't afford to have an entire team that just works for them. So we work with a limited number of people, but we have a coordinated team that way. And, and it's taken me like 10 years to find the right people to do that. That's, that's really it because the Uber wealthy have those people, the people who are making 50 or a hundred thousand bucks a year, they don't need it. We really work in this sweet spot where a lot of people make.   300,000 400,000 on the low end to 2 3 million on the high end. And they're kind of in between, not rich enough to have the team that's all working together all the time, but rich enough that you really need it. Like this segment of the population is the one that just gets crushed on taxes. ⁓ And so we're really doing our best to help minimize that. So that's why we work so much with dentists and doctors.   The Dental A Team (38:56) That's amazing. I love that Derick. And I think for everybody, it was BigLifeFinancial.com slash DAT. We'll be sure to like link that in the show notes and also add it for you guys. But, and Derick, love, I didn't know what a family office was at first. And then I found out hanging out with a lot of wealthy people, what it is. And so for you to provide that, think worth conversations ⁓ and definitely appreciate the insights today. It was a really fun episode. I'm glad we got back together. It's been too long. ⁓ And like truly guys, just reach out.   Again, I would do it as exploration. would do it as like, just find out anytime I hear things like this, I just go book meetings. It doesn't mean I need to actually execute on it. But I think again, learning the language of business, learning the education, seeing if it fills right for you. Now you can ask a million people, but like I said, Derick and I have been doing this for about five years and every client that has been referred to Big Life Financial has gone through, has told me how much they've been grateful for it. So Derick, I appreciate you. Any last wrap up thoughts today as we wrap up today? I appreciate our time so much today together.   Derick Van Ness (39:55) No, I think it's just understanding that part of building wealth is beyond just making income, right? Just making income won't build the life you want to live. Once you earn the money, you got to take care of it. And there's a lot of pieces to that. So whether it's with us or someone else, just take that on for your family's sake. It's not just about making it. It's keeping it and being smarter with it. And if you do that, you're going to be in good hands.   The Dental A Team (40:20) amazing. Well, Derick, thank you so much for being here today. Thank you all for listening. I love what Derick said, like it's not just enough to make the money, we need to figure out how to keep the money and set yourselves up for the great lives that you've been building and to truly have that big life as Derick has described it. So for all of you listening, I hope that today you don't just passively listen, but you actively take action and commit to having the wealth of your life, the wealth of your dreams to have that life that really ⁓   is the life of your dreams. there's a quote from my mirror from when I was little where I said, don't just dream, do. And I think that that's how I'll leave you today. So for all of you listening, thank you for listening and we'll catch you next time on the Dental A Team Podcast.

Scott Wapner and the Investment Committee discuss the state of the markets following three days of selling. The experts detail their latest portfolio moves. Calls of the Day include Tesla, Caterpillar, PulteGroup, and Corning. Mo Assomull, Morgan Stanley Global Co-Head of Investment Banking, joins in a Halftime exclusive. CNBC Senior Markets Commentator and Overtime Co-Anchor Michael Santoli gives his Midday Word. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode 267: From Tap Shoes to Tattoos: Navigating Midlife with Moxie Are you still hauling around a wedding dress from 1995? Or perhaps you're wondering if that cute hip tattoo is eventually going to look more like Ursula the Sea Witch than the Little Mermaid? You are not alone! In this episode of the Life Coach BFF Show, host Heather Pettey, CPC, and the fabulous Dr. Carol Lynn dive into the hilarious (and sometimes stressful) realities of midlife. From the "million-dollar wedding" industrial complex to the literal shifts in our skin, we're talking about how to simplify, repurpose, and bring back some classic Southern vocabulary. In This Episode, You'll Learn: The Midlife Revival: Why tap dancing, the triangle, and the tambourine are the creative outlets you didn't know you needed. The Wedding Dress Dilemma: Creative ways to reuse your gown (hello, rehearsal dinner restyling!) and an incredible charity called the Angel Gown Foundation that turns gowns into bereavement suits for NICU families. Weddings: Then vs. Now: A nostalgic look at cake-and-punch receptions versus today's "drive a Tesla off a cliff" price tags. The Public Service Announcement on Tattoos: What happens to that hummingbird tattoo when gravity takes over, and the medical "ink-sights" Dr. Carol Lynn has seen in the OR. Word of the Week: Why we are officially bringing back the word "Reckon" and how to use it in your daily life (even if you're listening from Singapore!). Key Moments & Midlife Realities [02:15] Forming the "Life Coach BFF Band" (Tambourine, Triangle, and Tap Shoes). [08:42] The 1990s wedding experience vs. the modern "Milan for a dress" production. [12:30] What our Facebook community is actually doing with their old wedding dresses. [16:15] The "Angel Gown" project: A beautiful way to donate your gown for a higher purpose. [21:00] Why midlife balance makes wearing high heels a contact sport. [25:10] The "Hummingbird" Warning: A cautionary tale about aging skin and ink. Connect With Us! We want to see your "big hair" wedding photos! Instagram: @OurMidlifeMoxie Facebook: Join our private Midlife Moxie group to join the conversation and tell us: Do you still have your dress? Disclaimer: This podcast is for informational and educational purposes only. Heather Pettey is a certified coach; Dr. Carol Lynn is a licensed physician. Please consult your own doctor for personal medical advice.

Who dares to make predictions in the current landscape? We do!  Our Predictions are back. Will our track-record continue on a high or will we be fundamentally wrong? Listen in to our Predictions for 2026 Navigation: Intro What will 2026 be all about? AI, AI and … more AI The big Hardware movements Of Start-ups and VCs Regulatory & Geopolitical Headwinds… and the Wars Fintech, Crypto and Frontier Tech Conclusion Our co-hosts: Bertrand Schmitt, Entrepreneur in Residence at Red River West, co-founder of App Annie / Data.ai, business angel, advisor to startups and VC funds, @bschmitt Nuno Goncalves Pedro, Investor, Managing Partner, Founder at Chamaeleon, @ngpedro Our show:   Tech DECIPHERED brings you the Entrepreneur and Investor views on Big Tech, VC and Start-up news, opinion pieces and research. We decipher their meaning, and add inside knowledge and context. Being nerds, we also discuss the latest gadgets and pop culture news Subscribe To Our Podcast Bertrand Schmitt Introduction Welcome to Tech Deciphered Episode 74. That would be an episode about some predictions about 2026. What will be 2026 all about? I guess this year is probably starting with a bang. We saw the acquisition of xAI by SpaceX. We saw an acquisition from Grok by NVIDIA. What’s your take about what would be the big themes in 2026? I guess it would be for sure about AI and space. Nuno Goncalves Pedro What will 2026 be all about? Yeah. I predict a year that will be a little bit more of a year of reckoning in some way. There will be a lot of things that I think we’ll start seeing through. The fact that we are in the midst of an amazing transformational era for technology, the use of AI, but at the same time, obviously, a ridiculous bubble that is going alongside it as we’ve discussed in previous episodes. I think that we’ll start seeing some early reckonings of that, companies that might start failing, floundering, maybe a couple of frauds along the way, etc. I’ll tell you what I will not make many predictions about today, which is geopolitics. Geopolitics, I will not make predictions at all. Who the hell knows what’s going to happen to the world this year in 2026? I don’t dare making any predictions on that. Back to things where I would make predictions. I think on AI, we’ll have a little bit of reckoning. We’ll talk about it a little bit more in detail during this episode. Interesting elements around the hardware and physical space. Physical space, we just dedicated a full episode to it. We won’t go into a lot of details on that, but definitely on the hardware side, we’ll talk a little bit more about it. The VC landscape is going through an incredible transformation. We’ll talk about it today as well and some of our predictions for this year. What will happen to the asset class? It seems to be transforming itself dramatically. Obviously, that has a very direct impact on startups, so we’ll talk about that as well. And then to close a little bit the chapter on this, we will address some regulatory and geopolitical, let’s call it, headwinds without making maybe too many complex predictions. We shall see. Maybe by that time of the episode, we will be making some predictions. You guys should stay and listen to us, and maybe we will actually make some predictions about the geopolitical transformations that we will see this year in the world. Then last but not the least, we’ll talk about fintech, crypto, frontier tech, and a couple of other areas before concluding the episode. A classic predictions’ episode. We normally have a pretty good track record on some of these, but right now, the world is going a bit interesting, not to say insane. Bertrand Schmitt Yes, and going back to some news, Groq technically was not acquired, but, practically, it’s as if it got acquired. I’m talking about Groq, G-R-O-Q. The AI semiconductor company focused on inference AI, and it was late December. It was a way to end the year. This year, we started again with an acquisition of xAI by its sister company, SpaceX. I guess that’s where we are starting. AI, AI and … more AI We are going to start on AI. That’s definitely the big stuff. Everything these days, I guess, is about AI or has to have some connection with AI, or it doesn’t matter. I think every company in the world has seen that. You have to have the absolute minimum on AI strategy. You better execute on this strategy and show results, I would say. For the companies that were not AI native, you truly have to have a way to transform yourself. I guess at some point, the stretch might be too much, and it’s not really reasonable. Then you maybe better stay on what you are doing, especially if you’re in tech, you better be moving faster to AI. Nuno Goncalves Pedro Just to highlight, and I think throughout the episode, you’ll see that there’re obviously a lot of implications that would manifest themselves into capital markets. I mean, we’ll specifically talk about VCs and startups later on. But the fact that everything needs to be AI, the fact that there’s so much innovation happening right now, in my opinion, and this is maybe the first pre-topic to AI, is we’ll see a tremendous increase in M&A activity this year across the board. I mean, we’ve seen already some big acquihires we mentioned in some of our previous episodes, but we’ll see a lot more activity on M&A this year. Normally, that’s a precursor to the opening of capital markets. I predict also that there will be a reopening of the IPO market that never really reopened last year, to be honest. M&A, a lot more, reopening of the IPO market. Normally, it happens in the second or third quarter of the year. That’s what my M&A friends tell me. First quarter of year, everyone’s figuring out stuff. Then last quarter of the year, things should be more or less closed. Maybe the third quarter is the big quarter. We shall see. But definitely, as a precursor to our conversation today, I think we’ll see a lot of M&A, and we’ll see reopening of the IPO mark. Bertrand Schmitt I guess last year was not as big as you could expect on M&A given the tariff situation announced in April and May. I mean, it became quite tough to do IPO in such market conditions. Definitely, we can hope for something dramatically different in 2026. I guess talking about public markets and IPO, I guess the big one everyone is waiting for is SpaceX. SpaceX getting even more interesting with its xAI acquisition. Nuno Goncalves Pedro Do you think that because of the acquisition, it’s more likely that it will happen this year, or because of the acquisition, it’s less likely that it will happen this year? Bertrand Schmitt That’s a good question. My guess is the acquisition of xAI is all about xAI needing more financing and cheaper financing. This acquisition is a pathway to that. SpaceX being a much bigger company, a company that is also making much more revenues. I could bet that there is higher probability that, actually, SpaceX will go public in order to finance itself. At the same time, will it have enough time to prepare itself for the IPO given this acquisition just happened? Can they do that in 6 months? I mean, if anyone can do it, I guess it’s Elon Musk. It’s a strategy to present an even more attractive company with an even more interesting story, a story of vertical integration from AI to space. I guess the story as it’s presented itself right now, it’s one about having your AI data centers in space. Because in space, you have much better solar energy production with solar panels. You have a perfect cooling situation because you are in space. Thanks to Starlink, you have the mean to communicate between the satellites and with Earth itself. I think if someone can pull up a story like AI data center in space, I guess Elon Musk can. There is, of course, a lot of questions about is it practical? Is it economical? Yes. I certainly agree. I’m not clear on the mass, and can you make it work? Again, I mean, Elon Musk single-handedly, with SpaceX, managed to transform the space market on its head. I mean, they are the biggest satellite launching company in the world. They have the most satellites in the world. I mean, I’m not sure I would bet against him, and I guess I would probably believe that he could pull up something. Time frames, different story. The 2-3 years data center in space for AI as cheap as on Earth, I have more trouble with that one. I mean, it’s a usual suspect with Elon Musk. You promise something unachievable in a few years, but, ultimately, you still manage to reach it in 5 or 10. Again, I would not bet against the strategy. Nuno Goncalves Pedro Yeah. I’ve talked to a couple of space experts, people that have launched rockets, and have worked JPL, NASA, and a couple of other places, etc. For what it’s worth, their feedback is, “No way in hell, and we’re decades away.” We’ll see. I mean, to your point, Elon has pulled very dramatic stuff. Not as fast as he normally says he’s going to pull it, but within a time span that we all see it. Difficult to bet against him. In terms of actually the prediction, maybe to respond to the prediction as well, will SpaceX IPO? I’m going to make a prediction that has a very high likelihood of missing the mark, but I think Tesla’s going to buy and merge them both into it. It’s going to become a public company through Tesla. That’s my hypothesis. Bertrand Schmitt No. That’s supposed to be it. That’s how you solve that. Nuno Goncalves Pedro And Elon controls the whole universe. X, xAI, Tesla, SpaceX, all under one umbrella beautifully run. And SolarCity is well in there, of course, so wonderful. Bertrand Schmitt That’s possible. Certainly, you are not the only one thinking Tesla will acquire or merge with SpaceX. To remind everyone, Tesla is around 1.3, 1.5 trillion market cap. Depending on the day, SpaceX seems to be valued at similar range, 1.2, 1.3 trillion. It looks like it’s the most valued private company at this stage. These are companies of similar size, so that’s one piece of the puzzle. When you think about the combined company, we could be talking about a 3 trillion entity. Playing right here with the biggest companies in the marketplace today. Nuno Goncalves Pedro With a couple of tweets from Elon, it will rapidly get to 4 to 5 trillion. Bertrand Schmitt That’s so tricky. Nuno Goncalves Pedro Yes. On AI and back to AI, one thing I think that we’re about to see is this will probably be the year of agentic AI. Obviously, we predict a lot of growth on that side of the fence, in particular on the enterprise B2B side. We see a lot of opportunities coming through. From our perspective, at least at Chamaeleon, we generally believe that there’s going to be a lot of movements on agentic AI. It’s also going to be probably the year of the first big fails of agentic AI that will be newsworthy. There will be some elements about that loop and how it gets closed that will happen. I think we might see some scandals already. We’re already seeing the social network of bots talking to bots. We will see other scandals going on this year even in the consumer space and in the bot to bot space, which we now can talk about or in the AI agent to AI agent space. My prediction is we will see some move forwards. There’ll be some dramatic funding rounds along the way. We’ll see a couple of really cool things out of the gates coming out that are really impressive, but we’ll also see the first big misses of the technology stack. I don’t think we’ll go fully mainstream yet this year, so it’s probably maybe something more for 2027 along the way. That would be my prediction again. I think enterprise will lead the way. We’ll definitely see a lot of stuff on consumer as well that is cool. Then we’ll all have our own personal assistance in our hands, basically, literally in our phones. Bertrand Schmitt Going back to agentic AI, we also started the year with some pretty dramatic move. I mean, the launch of Clawdbot, renamed OpenClaw. I mean, this stuff took fire in like a week or 2. It was coded by just one person who actually didn’t even code the product but used AI to build the product, 100% used AI, proposing some new ways also to leverage AI to do coding. He has a pretty unique approach. It’s not vibe coding. I would say it’s a better way to do that. Then the surprising evolution with the launch of a social network for AI agents, Moltbook. I mean, this stuff, probably there is some fake in it. But at the same time, I think it’s quite impressive because it’s the first time we see truly 100,000 plus agents communicating directly to each other. Yeah. I mean, that’s the first time we see surfacing the possibility of some sort of hive mind on the Internet. It’s pretty surprising. Right now, all of this is a hack done in a few days. By end of year, by 2 years, 3 years, we might discover that, actually, the best approach to AI might not be the AI assistant like we are doing today, but a combination of hundreds of thousands of AI working closely together. We might be witnessing the first sign of new intelligence in a way. Nuno Goncalves Pedro Things like this social network might either be Skynet, the beginning of Skynet. They might be the beginning of Her, or they might just be a fad and nothing really happens. It’s just interesting to see what these agents are doing. Bertrand Schmitt Totally. Nuno Goncalves Pedro Obviously, there are real and clear and present dangers of some of the integrations of AI we’re seeing in the market. Interesting enough, and I’ll ask you for your prediction a bit, Bertrand. I think we’ll probably see the first big mishap of AI being used in some infrastructural decision in the age of AI. I mean, we’ve seen AI issues in the past and software issues in the past. We talked in previous episodes about that as well. Mishaps of software that have led to people dying. But I think probably the first big mishap will happen this year as well. Very public mishap of the use of AI and serve its interactions with infrastructure or something that’s very platform related, etc, that will have big impact that everyone will notice. That’s my prediction for the year as well. We’ll have the first big oops moment, as I would call it, for AI in this new age of full on AI. Bertrand Schmitt I would say first some perspective. I think today, people are not using AI directly for life and death decision, at least not that I’m aware. We’re not going to let AI fly a plane, for instance, tomorrow so you can be, reassured. At the same time, given there is such a race to AI, there definitely might be some mistakes. We were talking about the social network for AI agents, Moltbook. Apparently, all the keys used to secure the AI were shared by mistake because it was not properly locked down. We can see that indirectly, mistakes will be made for sure. Two, it’s highly probable that some people will trust AI too much to do some stuff, and this stuff might not work and might have some grave consequence. Hopefully, there is not so much of this. Hopefully, it’s mostly AI used for the good. But you’re right. I mean, at some point, the more we use the technology, the more there would be issue. I mean, it’s highly probable. Nuno Goncalves Pedro That will lead me to another prediction, which is, and we’ll talk about more of it later, but it probably will lead to the first significant movement in terms of regulatory environment certainly in the US at some point if it happens in the US in particular, where there will be some movement that will be like, “Hey, you guys can’t do this anymore.” Because this will probably emerge from mismanaged interfaces. From systems having access to stuff that they shouldn’t have access to in the first place. Talking a little bit more about what’s happening in AI. You’ve already mentioned some of the issues that relate actually to security and cybersecurity. We keep talking about AI. We keep talking about all these infrastructure pieces and platforms that are being built. I think we’ll have a lot more incidents like the one you just mentioned where things will be shared that shouldn’t have been shared, where people will break systems and get into it, etc. Let’s see where that takes us, which is a little bit ironic because, obviously, with AI, the promise is that cybersecurity becomes more robust as well because there’re agents working on our behalf on the cybersecurity side. There’s also agents working on the other side. Bertrand Schmitt It’s a constant race. It’s the attackers, defenders. Each time you have new technology, you have a new race to who is going to attack or defend the best. Each new wave of technology, it’s an opportunity to challenge the status quo. Nuno Goncalves Pedro The attackers have been winning, and I feel they’ll continue winning in 2026. I think it’s going to still be a year of attack. We’ll see more and more breaches, more and more stuff that will happen. Bertrand Schmitt I don’t know if they will win. I mean, it’s normal that they win once in a while. For sure, some infrastructure is not updated as it should. Some stuff are not managed as it should, so there will always be breaches. I don’t know if things are dramatically going to change because, again, everyone who cares who is going to update his infrastructure with AI for defense. There is no question that you have no choice. We will see. That I don’t know. For sure, AI will be used to attack directly with AI. Maybe you’re able to do bigger, larger scale attack. Or thanks to AI, you are simply able to create new type of attacks more easily. AI can be used behind the scene as a way to prepare and organise new type of attacks, even if it’s not used directly live in the battle. Nuno Goncalves Pedro One topic that we’ll come back to later is the geopolitics of everything, but maybe more broadly. On the geopolitics of AI, it’s very clear that we have an arms race going on. Obviously, the US on the one hand, China on the other hand is the two extremes, putting tremendous amount of capital into data centers just at the base of that infrastructure. Chipset development, chipset access, a huge theme in terms of the export restrictions, etc, that are being forced by the US. I think it will continue. From a European standpoint, obviously, they’re stuck between a rock and a hard place, to be very honest. Let’s see what happens on that side of the fence. My view of the world is that certainly from a US and China perspective, we’re going to see a lot more movements in 2026, like big movements. The Chinese movements we always see in delay.  It takes us a couple of months, sometimes even more than that to understand exactly what’s going on. I think we’re going to see some huge moves this year in terms of the States, the United States of America, and China really pouring capital into the creation of the next big winners around AI. I think the US is obviously more visible. We see a lot of these companies. We’ve just discussed xAI and its acquisition by SpaceX or merger. I don’t know what they’re calling it exactly. Effectively, on the China side, the movements I think are already very big. As I said, it will take a while to figure out exactly what those moves are. One thing that I propose is that at some point, China will have very little dependency on chipsets from the US. I’m not sure it’s going to happen this year, but I think the writing is on the wall. Irrespective of any other geopolitical issues that is coming to the fore at this moment in time. That’s one of the key areas or in arenas of fight. Bertrand Schmitt It makes sense. If you are China, you will look at what happened. You would think that you cannot just depend on the largest of one country. It makes rational sense, the same way it makes rational sense for the US to limit exports to China because there is value to delay some peer pressure that could use these technologies for good but also for bad. If you were an ally of the US, that would be one thing. But when you are not an ally of the US, that certainly should be a different perspective. Maybe one last point concerning agents, I think there will be a lot that will revolve around coding. We can see OpenAI with Codex. We can see Cloud with code. There was, of course, [inaudible 00:18:28] that was trying to be big on agentic coding. I think agentic coding was one of the big transformation in 2025 and is going to get bigger in 2026. I think for a lot of people who do coding, there was a radical transformation in terms of what you can achieve, what you can do, how much you can trust AI to help you code. I start to think we might see this year, the replacement of not just one AI replace one coder, but one AI replace a full team because of the new ability to manage that at scale. Coding might be a common activity where you are going to think about outcomes, think about objective, think about how you organise, but not really coding by itself anymore. A big change, like you used to code, directly your hand on the stuff, but step by step, everyone is going to become a manager of agent. I think in one year, we saw enough transformation to think that in the coming year, the transformation can be even more dramatic. Nuno Goncalves Pedro The big Hardware movements Now switching gears to hardware. Obviously, a lot of movements in 2025 and over the last few years. One piece of thesis that we’ve had long-standing at Chamaeleon is that we will see the emergence of AI devices. Some of them have been tremendous failures as we discussed in the past. I predict that we’ll have a couple of really interesting full stack AI devices in the market this year. Why does that matter? Because, as many of you know, obviously, there’s compute that can happen in data centers and cloud infrastructure all over the world, but also there’s compute that can happen at the edges. The more you can move to the edges and the more you can create devices that actually allow you to have user experiences that are very distinctive at the edge, the more powerful some of these devices might become. I predict Apple will not be the first to launch anything on this. I predict probably OpenAI, after the acquisition of IO, will maybe not launch something this year, but will announce something this year. I’ll step back on that prediction. They’ll announce something this year, but maybe not launch. But we’ll start seeing some devices that have some interesting value in the market, probably devices that are AI devices, but they are very focused on very specific user flows, and so very much adequate to specific activities. I won’t make a prediction on that, but I think areas that would make sense for that to happen would be obviously around fitness, health, et cetera, et cetera, where we already have the ascendancy of products like Oura Ring and others out there. Definitely, that’s one area that might have quite a lot of developments. I think AI-first devices, devices that are very focused on compute at the edges, providing user flows that are AI-enabled to end users, we’ll see a lot more of that and a lot more activity this year. Again, I don’t think Apple will be necessarily ahead of the game. Again, maybe OpenAI will give us something to at least think about and look forward to. Bertrand Schmitt First, I’m not sure it will be that transformational because if it’s not in your phone, in your pocket, there is only so much you can do with it, and there is only so much computing power you will have. I’m doubtful it would be really impactful this year. Nuno Goncalves Pedro I feel we’ve been discussing this shift of paradigm in input and output. For me, some of these devices could lead to that shift. Because, again, a mobile phone is not a great long-term paradigm for the usage that we have because it’s really constrained by the screen. The screen is really what takes most of the battery life away. If we didn’t have that screen, what could we do? If we have the block that is as big as a mobile phone, and it didn’t have a screen, it was just compute, that’s a mini computer, a microcomputer. Bertrand Schmitt That’s a fair point, but I don’t see that transformation this year. That’s really more my point. I can see that you can have AI-enabled smart glasses, and it’s clear there is a race to AI-enabled smart glasses. My point is more to go beyond the gadget, it would take quite a while. It would need to have cameras. It would need to analyse what you see. It would need to hear what you hear. Again, it might come, but then at some point, it would be okay, what do you do with it? We have the example of the movie Her. That’s showing Her what it could be. There are definitely possibilities. It’s clear that if you take the big VR headset like the Apple Vision Pro, there is a failure from that perspective in the sense that I think it’s a great, amazing device. The big problem is that it’s doing way more that makes sense. I think there will be a clearer separation between your smart AR glasses that has to be light, that has to be always unconnected, and that’s primarily there to help you make sense of the world around you. The true VR headset that doesn’t really require much in terms of AI, and it’s just there to immerse you in a different world. For this, we know, unfortunately, in some ways, that there is not a lot of demand for it. Maybe there is little demand because you are too hidden in your own world. The technology is not working well enough yet. There are a lot of reasons. But I think Apple trying to do both at the same time, AR and VR, with the Vision Pro, was a pretty grave structural mistake. I think we would see a clearer line of separation between the two. There is bigger market opportunity for AR glasses. That, I certainly agree. There is opportunity to connect that to a computing device. As you talk about, your glasses are your screen, your phone becomes something in your pocket connected to your glasses. Nuno Goncalves Pedro For me, Apple has their way of doing things. From the perspective of what you said, they normally really plan their devices. Even if it’s a big shift in terms of a new area, like they tried with the Vision Pro, and we criticised them for launching it as a device that should have been more of a dev device that they really launched as a full-on device, but that’s their playbook, classically. I think Apple needs to change how they put products out and how they experiment with those products, et cetera. I think they have enough money to be doing everything all the time and figuring it out. If they don’t want to put it out, then they need to do a lot more hell of testing internally with their silos, but they should be playing across all these arenas, VR, AR, everything. They just should put devices out that are either ready for prime time, or they should call it something else. They should call it like this is a dev device or whatever it is. Bertrand Schmitt I agree with you. My complaint is more that it was marketed as a consumer device when it was not. It was a true developer device. Two, they tried to mix the two at once, and it made no sense. No one is going to walk in their home or in the street with their Vision Pro on their head. You have to be deranged, quite frankly, to have use cases like this. I think that for me is a crazy mistake from a company like Apple that prides itself in pure UI, pure user interface, very well-designed device for one specific use case, not mixing the two use cases. We still don’t have Macs with a touchscreen, you know?  We still don’t have an iPad with a good OS that makes use of this great hardware. For some strange reason, they decided to mix everything in the Vision Pro with a device that weighs a ton on your head and is so uncomfortable. That’s why, for me, I’m like, “Guys, what is wrong? Why did you let this team run crazy?” I hope at some point, Apple will go back to the drawing board. My understanding is that that’s what they are doing. They are going to have two devices, one smart glasses, an evolution of the Vision Pro, just focus on VR. They might actually abandon the concept of the pure VR-oriented headset. Because, from a market size perspective, it might not be big enough for Apple, quite frankly. Nuno Goncalves Pedro I read on all of the above, and people at this point was like, “Why are then players like Samsung and others not doing it. LG, et cetera?” Because those players historically have not invented new categories. They’re amazing at catching up once the category is invented, and then they scale the hell out of it, and that’s what these companies have been exceptional at. I wouldn’t see a dramatic innovation, I think, in terms of devices coming from any of the big ones on that side of the fence. Not to disrespect them in any way, but I think that’s not been their playbook ever. Again, if the origination doesn’t come from a start-up or from an Apple, I don’t see those guys going after it. My bet is that we’ll see some start-up activity and, again, hopefully, some announcement from IO now within the OpenAI world. Bertrand Schmitt I would slightly disagree with you. I see where you are coming from. But take the Samsung Galaxy Note, that sudden much bigger headphone that no one was doing that was launched by Samsung, at some point, it forced Apple to launch an iPhone Max. Let’s look at the Z Fold that Samsung launched 7 years ago, copied by everyone. Now Samsung launching a trifold. Apple has still not launched their foldable phone. I think there is a mix, actually, of sometimes- Nuno Goncalves Pedro For me, that’s not a proper new category. It’s still a mobile phone. It just happens to have a screen that folds in half. Bertrand Schmitt The iPhone was still a mobile phone, you could argue.  Nuno Goncalves Pedro No. I think the iPhone was…  I could actually agree with you on that point. Maybe Apple is not as innovative in that case. I think what Steve Jobs was exceptionally good at in terms of his ability as this master product manager was to be an exceptional curator of user flows and user experiences, and creating incredible experiences from devices based on that. That was his secret sauce. Could you say, “Wasn’t all of this stuff already around?” It was. You just put it all together very neatly and very nicely. But if you’re talking about significant shifts in how a category is done, the iPhone was a significant shift in how the category was done. The Fold is still an interesting device. I actually have a Fold right now in front of me. The 7 that you highly recommended to me that we both got, the Z Fold 7. I think they do amazing devices. I don’t think they normally are the most innovative players. Then, when they come to innovation, it comes from technology edges. Obviously, they have Samsung Display, there’s a bunch of other things. They had the ability to do foldable screens in-house themselves. Bertrand Schmitt I don’t disagree with you. I think there is an interesting situation where some companies have some strengths, another one has some strengths. My worry with Apple is that this was not demonstrated with the Vision Pro. The Vision Pro was a hot pot of technologies barely integrated together, with use cases absolutely not well-defined and certainly not something that makes sense for most of us. There is a question of has Apple lost it? While Samsung actually keeps doing their own stuff, that, yes, might be more minor improvements, but at least they are doing it. Because it looks like Apple is missing the train on even the minor improvements. By the way, you might not be aware, but Samsung launched its Vision Pro competitor. Interestingly enough, it might be a better product in some ways, being much lighter and much more comfortable. Nuno Goncalves Pedro We should play around with that and report back to our listeners. Of Start-ups and VCs Moving to venture capital and the startup ecosystem and what’s happening there, I think it is very much a bifurcated environment, and it’s bifurcated for both VCs and for startups. If you’re a startup in the AI space, and you have the hottest team since sliced bread, and you can create FOMO at the speed of light, you can raise ridiculous rounds. Five hundred million at the $3 billion, or $4 billion, or $5 billion valuation, and you still haven’t really even started. First round, you can raise 500 million. That’s back to the whole discussion on Bubble and where are we, et cetera. Some of these companies might actually become huge, some of them might not. But definitely, we are seeing really the haves and have-nots on the startup ecosystem with incredible teams raising a lot of money very, very early on or mid-stage if they’ve already existed for a while, and then the rest not being able to raise. We see a lot of non-necessarily AI sectors, some of the areas of SaaS that don’t necessarily have AI in it, or fintech, or the consumer space that are really, really struggling. If you don’t have an AI story for your startup right now, it’s extremely difficult to raise money unless your numbers are just the best numbers ever. That’s, I think, the first part of the element of bifurcation that we’re seeing today. The second element of bifurcation that we’re seeing today in terms of fundraising is for VCs themselves, and really propelled by the large VC firms raising more and more capital in recent orbits, announcing 15 billion across funds raised. Lightspeed, I think, had made an announcement a couple of weeks ago as well. They’ve raised a bunch of money as well. The big guys are all raising a lot of money. At some point in time, the question some of you might ask is, “These VCs are redeploying more and more money if they have a couple of billion for a VC fund. How does that look like? Is that still VC?” My perspective, I’ve shared before in some of our previous episodes, is that that’s no longer venture capital. At that point in time, we’re talking about something else. Private equity hedge funds, if you want to call them, maybe funds that are really driven by growth investment or late-stage investment. If you have a couple of billion under management, you’re not going to make your returns by writing a $3 million check in a series seed and leading that round.  That has implications for everyone in the ecosystem. It has implications for smaller funds that obviously have a lot more difficulty in raising capital. It’s difficult to differentiate. Last but not least, also for startups that really continue searching for that capital that is out there. Andreessen Horowitz, for example, runs Speedrun, which is a great program for companies around consumer in particular. Initially, it was a lot for gaming. But at some point in time, Andreessen Horowitz could decide that they don’t want to invest more in you. They just put money from Speedrun, which is obviously a very small check compared to the very large checks they could write mid to late stage and that will have an effect on you as a startup. What happens at that point in time if Andreessen Horowitz is not backing you up in later stages? More than that, what happens if I can’t get these big funds interested in me? Are the small funds still valuable to me? Punchline, my view is yes. Obviously, we’re a smaller fund, so there’s parochial interest in what I’m saying. Small funds can still create a ton of value for you, also in terms of credibility, ability to accompany you in those first stages of investment, and the ability to bring other larger investors later down the road as well. There’s definitely a big movement happening in terms of the fundraising for VC funds, which we shouldn’t neglect, which is the big guys are raising a lot more capital and are therefore emptying the market to smaller funds that are having more and more difficult raising at this point in time. We had discussed that there would be a need for concentration in the industry, that micro funds would need to concentrate, and we didn’t have the space for so many micro funds as we had around. But the way it’s happening is extremely dramatic at this moment in time. I think it will continue through 2026. Bertrand Schmitt Remember a few years ago, with the rise of AI, there was more and more of the question about, “What’s the point of SaaS at this stage?” Because SaaS was around for 15 years. Basically, how do you come up with something new that was not already tested, validated by the market? How do you bring something new? We say this was reinforced to the power of 10. If your product is not clearly built from the ground up for a new use case enabled by AI, anyone could then might have built your product 5, 10 years ago, and therefore, why now has no clear answer, and it’s a big problem. I’m still surprised myself to still see some entrepreneurs where you talk to them about AI because you don’t see them in the deck, and they explain to you, “It’s not yet there,” and you’re like, “What’s wrong with you guys?” Fine. Do whatever you want. Do a small business and whatever, but don’t think you can come up pitch and raise without an AI story. The second category is people who come with an AI story, but you can feel very quickly, I guess you saw that many times, Nuno, where just a story layered on top with little credibility. It’s not better. It’s not enough to just have a story. Your business needs to be radically built differently or radically proposing some brand-new use cases that were impossible to solve 5 years ago. Nuno Goncalves Pedro To stack up on that, absolutely in agreement. If you’re just adding to the story, and it’s an afterthought, and you’re just trying to make the story somehow gel, once you go into one or two layers of due diligence, your investors will very quickly realise that you’re not really AI-first or dramatically AI-enabled or whatever. It’s just you’re sort of stacking something on top of another thesis. It needs to make sense from the product onwards. It’s not just, let’s just put it together with chewing gum, and magically, people will give you money. It was true also if we remember the good old crypto blockchain days, where everyone’s investing in crypto. A lot of stories that didn’t make much sense. In that sense, it’s not very different. I would go one step further. I think in the world of the VC winter that we’re a little bit in, where it’s more and more difficult if you’re a smaller fund to raise your fund at this moment in time, there’s a lot of sources of distinctiveness still talked about, like proprietary networks, access to deal flow, fast track record, all that stuff that really, really matters. But our bet continues at Chamaeleon continues being that you need to be AI-first as a VC fund yourself. You need to have core advantages in using not only readily-available AI tools or third-party available AI tools, data sources, technology stacks, but actually building your own stack over time, which is what we did with Mantis at Chamaeleon. Again, just to reinforce that, I think we’re at the beginning of that stage. We, Chamaeleon, are ahead of the game, but we think that the rest of the market will have to move towards that as well. Still, to be honest, very surprising to me to see that many significant large players are doing very little still around some of these spaces. They have data scientists. They’re running some tools. They’re running some analysis and all that stuff, but it’s still, again, back to the point I was making for startups, all glued up with chewing gum. It doesn’t all come together nicely, which it does need to from a platform standpoint. Bertrand Schmitt It’s quite surprising. I agree with you that some VC funds might think that they can do business as usual in that brand-new world. It’s difficult to believe. Nuno Goncalves Pedro Maybe moving a little bit toward the capital formation piece. We already discussed the M&A space really accelerating. We’ve also discussed the IPO market and some predictions on that. Secondaries, there’s obviously a lot of liquidity coming from secondaries from mid to late stage. I think it will continue throughout the rest of 2026. A lot of activity in buying, selling in secondaries as some asset managers are becoming more distressed, as some very high net worth individuals and family offices are becoming more distressed as well, at the same time, where there’s a lot of opportunities to potentially arbitrage around some investments. I believe a lot of money will be made and lost this year by decisions made this year, just to be very, very clear in terms of equity, purchases, et cetera. Exciting year ahead of us. Definitely a very, very interesting market ahead of us. Secondaries, M&A, growth, and late-stage investing, also, early-stage investing will continue just for those that were wondering. Last but not least, the public markets, the IPO market as well. Bertrand Schmitt One of the big questions for the IPO market would be, will SpaceX go public? Would it be good for the startup ecosystem? Because suddenly that they go public, it would be to raise money. If they raise money, will there be any money left for anybody else? That would be an interesting test of the market. For sure, it would be proof that market are risk on financing a new IPO like this one. Or as you said, maybe there is no IPO, and it’s a merger with Tesla. Time will tell. Nuno Goncalves Pedro Regulatory & Geopolitical Headwinds… and the Wars Moving maybe to our topic of regulation and geopolitical headwinds, as we’re seeing … definitely not tailwinds. The Google antitrust verdict and, obviously, the remedies are expected to come forward now, and a lot of people are saying, “There are some risks of structural separation.” What do you think? Is it cool, but nothing will happen in the end dramatically? Alphabet or Google? I’m not sure, actually. It’s Google LLC. I think that’s the case. It’s The United States versus Google LLC. Bertrand Schmitt I’m not sure. Personally, I’m not a big fan. I think there needs to be a better way to manage some anticompetitive behavior. I’m not a big fan. There was this temptation to do that for Microsoft 25 years ago. Look at what happened. No one needed to buy Microsoft to leave space for others. I see the same with Google, and I guess they are happy to not be the number 1 in AI today, but to have an open AI in front of them. Even if they are doing a great job, by the way, to move forward and go faster and faster. Personally, quite impressed now with some of what they have released. Gemini 3 is doing great from my perspective. I’m not a big fan of this. I think to be clear, it’s important that bigger companies don’t behave anticompetitively, but at the same time, we need to find the right approach where it’s not about breaking these companies, and it’s also not about forbidding them to do acquisitions. Because then you end up with what NVIDIA just did with a $20 billion acquihire IP licensing type of acquisition, because they didn’t want to have the uncertainties. They didn’t want to wait 1–2 years in order to acquire the people and the technology, so they organised it in a different way. But I don’t like that. I think they should be able to acquire companies without facing so much uncertainty. To be clear, it’s not new. Uncertainty when you are Google, NVIDIA, or others, it happens. It has happened for a decade plus, 2 decades. I think there needs to be, for sure, some safety valves. At the same time, we want an efficient capital market. An efficient capital market need companies that can acquire other companies. If you don’t do that efficiently, it will be worse for the entrepreneurs, it will be worse for the investors, it will be worse for everybody. I think we have not reached a good equilibrium from my perspective. We need more efficient acquisition process. And at the same time, we need to also enforce faster anticompetitive behavior. Because what you talk about concerning Google, this is a case that was what? That is 10 years old. You see what I mean? This is way too long. If you’re a startup, you are dead by then. It’s like the story of Netscape facing Microsoft. They were dead long after the fact. I think we need a different approach. I’m not sure the best answer. I’m not sure we’ll get a better approach. There are probably too many vested interest. My hope is that it will get better with this current administration because, certainly, the past administration was very anti acquisition and efficient markets. Nuno Goncalves Pedro We’ve talked about the European Union AI Act a bunch of times, so I don’t want to spend too many cycles on that. The only effect that I would say is we are seeing in very slow motion the splitting of the Internet. I once had Tim Berners-Lee, by the way, shouting at me that we were going to break the Internet when we were applying for the .mobi top-level domain. I was part of that consortium that eventually did get the .mobi top-level domain, and I had him shouting at us. But, apparently, this is going to split the Internet, Tim. So in case you’re listening. Because it will create all these different rules. If your data is relating to consumers there, then it’s treated in a different way, and The US is… Well, obviously, we have the case of California with its own rules and laws. I don’t know. I feel we’re having a moment of siloing that goes beyond economic and geopolitical siloing. It will also apply to the digital world, and we’ll start having different landscapes around it. We’ll see how this affects global expansion of services, for example, around AI, particularly for consumer, but I don’t foresee anything dramatically positive. Recently, we had the whole deal around TikTok finally having a solution for their US problem where there’s now a US conglomerate magically that owns it. The conglomerate doesn’t magically own it, they just straight up own it for the US. But it was driven by many of these concerns around data ownership. Where’s the data? Where is it based? I think a lot of other concerns that have to do with the geopolitics of China, obviously, being the basis of ByteDance, the owner of TikTok, that still is a significant owner, by the way, in TikTok in US. Then also the interest in the economics of making money out of something as powerful as TikTok, to be honest, in The US. Just to be clear, I don’t think this was all about the best interests of consumers. It was also about money. Just follow the money. Bertrand Schmitt There are for sure, some powerful interest at play. But let’s be clear. I think one is data, as you rightfully said, but the other one is algorithm. It’s not as if China is authorising any competitor on its territory. They have blocked access to most of the Internet platforms from the US, either finding new rules or just trade blocking them. So I don’t think it’s fair competition. You don’t want some of that data in China about the US or European consumer. Three, it’s about the algorithm. If suddenly, you are a foreign power, and you can as we know in China, you better follow what’s required of you from the Chinese Communist Party. You cannot take a chance with influencing other stuff like elections in other countries. It’s fair from the US perspective. One could even argue it’s fair from a Chinese perspective to want that. I think the only one in the middle who doesn’t really know what they want is Europe because on one side, they want to benefit from American platforms, on the other end, they want to have some controls. On the other end, they don’t create the environment for startups to flourish. So in that weird situation where they have to accept some control by the big US providers and either provider of underlying infrastructure or provider of consumer business facing services. Then they try to regulate them. But I think they are misunderstanding the power relationship, and I think some of this regulation would get some blowback, at least by the current administration. Just, I believe, this morning, there was some news around X being under a criminal investigation in France. This is not going to end well for the French startup and VC ecosystem. This is not going to end well for France and Europe when you depend so much from your American friends. Nuno Goncalves Pedro Regulation will be weaponised. Regulation constraints around exports, all of this will be weaponised geopolitically, and the bigger guys will normally win. I think that’s normally what we’ve seen. Just on TikTok just to… And you guys, if you’re listening to us, just see if you see a pattern here, but obviously, 19.9% still owned by ByteDance of the TikTok entity in the US. It was initially said that 80% of the TikTok entity is owned by non-Chinese investors. Initially, people were saying US investors, and then they changed it to non-Chinese because MGX, I think, has 15% of it. MGX is based in the UAE, connected obviously to Mubadala, the Abu Dhabi sovereign wealth fund. Silver Lake is in there, I think, with 15% as well. Oracle as well with 15%. Those three are the big bucket owners together, 45%. Silver Lake having collaborated with MGX before, and I’m sure a lot of connectivity there. Then you still see a pattern in this in terms of shareholders. If you don’t, then just Google it. Dell Family Office, Vastmir Strategic Investments, which is owned by billionaire Jeff Yass, Alpha Wave Partners, obviously involved with a bunch of things like SpaceX and Klarna, Virgoli, Revolution, which is Steve Case’s, a former founder of AOL, is also in there. Meritway, which is managed by partners, I think, of Dragonair. Vinova from General Atlantic, an affiliate of General Atlantic. Also, NJJ Capital, which I believe is Xavier Nil, the French billionaire that founded Iliad. Mostly American, I think, if the math is correct. 80% non-Chinese, which was what mattered, I think, in many cases. But do see if you saw a pattern in most of those investors. I won’t say anything more than that. Maybe moving to other topics, maybe just to finalise on regulation and geopolitics. In geopolitics, we should talk about wars if we predict anything. Not that we are nasty and one want to be negative, but what the hell is going on? Will we have ending to the wars we already have ongoing or not? But before that, the struggles on the App Stores, I think, will continue both for Apple and for Google Play Store. The writing’s on the wall, the EU keeps pushing it dramatically and Apple keeps just doing stuff. I’m on the board of an App Store company. Apple just creates all these things that basically make you not really… It doesn’t work. You can’t provision then an App Store on Apple devices. On iPhones, et cetera. We’ll see how that will continue going, but I feel the writing’s on the wall. Both Apple and Google will have to open up a bit more of their platforms. I’m not sure it will have a huge impact in the medium to long term, but definitely we need to see more openness in access to apps as given by the two big platform owners, Apple and Google, out there. Bertrand Schmitt Let’s be clear. Google is way more open than Apple. We both have Android devices. You can install alternative app stores. It’s a different ballgame by very far. Nuno Goncalves Pedro Google does other nasty stuff. It’s public. You can check which board I’m a part of. You can see what that company has done towards Google over time. But to your point, yes. It is true that Google has been more open than Apple, but Google has done their own things. Just to be very clear, so I’ll just leave that caveat bracketed there for people to think about it and maybe read a little bit about it as well. Bertrand Schmitt I can say that, me, from my perspective, that path of total control that Apple has been going through on all their devices, that includes macOS, pushed me to, over the past 2, 3 years, to completely live and abandon the Apple ecosystem. I just couldn’t accept that level of control, that golden handcuff approach of the Apple ecosystem, each their own obviously, they are golden, their handcuffs, but they are still handcuffs. Personally, that pushed me way more to Linux, Android, Windows, back to Windows after all these years. I just couldn’t stand it anymore. I want to pick my devices. I want to pick what I install on them, and I don’t want to be controlled like this by just one entity for all my tech devices. For me, at some point, it was just not acceptable anymore. It’s still very warm, very golden handcuffs, but for me, they were just handcuffs at this stage. Yes, what they are doing with the App Store is very typical of that mindset. I think it’s quite sad because I think it started with good intention in some ways. “We need a new computing paradigm, we need to make things smoother and safer,” but it has really become a way to control your clients. For me, it has reached a point where it’s just way too much. Nuno Goncalves Pedro There’s obviously the great power comes great responsibility that uncle Ben told Spider-Man or Peter Parker. But there’s also with great power comes shitload of money, and control. So it’s like, “Yeah. Should we open the server? Do we want to delay opening it up?” “Yeah.” Anyway, it is what it is. Maybe let’s end on the more difficult note of the episode, which is going to be around wars. What’s our prediction? Will we have an end to the Gaza situation with Israel? Will we have an end to Ukraine and, obviously, Russia? What will happen in Iran? Those are the three big, big conflicts right now. Then, obviously, if we want to add just bonus points, what’s going to happen to Greenland, and what’s going to happen to Taiwan, and what’s going to happen to Venezuela? Let’s throw the whole basket in there. We’ve never had like… Let’s talk about all these territories and all these countries. At some point in time, I’m saying this in a light manner, but it’s obviously more tragic than it should be light, and people are dying, and there’s a lot of implications of all of that that is happening right now. Do you have any predictions, Bertrand, for this year? Bertrand Schmitt No. It’s tough to predict on an individual basis. I think on a more bigger picture basis is on one side, obviously, the rise of China on one side. You have also the rise of other countries like India, while very indirectly connected to some of these conflicts are still part of the game, buying oil from Russia, for instance. At the same time, I think overall, the US is more clear about with the sheriff in town. I think it’s good because in some ways, you cannot pay for the goods, you cannot have such a massive advantage versus nearly every other country on earth and just not be clear about who is the boss in some ways. As a result, what are the rules of the game and how it should be played? The US is not alone, obviously, you have China, you have Russia, you have India, you have Europe. You have different other countries. But at some point, it’s not good when countries are not rational and are not clear. I think I prefer the current situation where things are more clear and where you have to assume responsibilities about what you are doing. It’s time to be rational again about how the world behave. Yes, the concept of power and balance of power. I think there has been that dream, maybe mostly coming from Europe, about the end of history. I think that’s simply not the case. It’s not the end of history. It’s still about the balance of power. It has always been about the balance of power. If you are dumb enough to think it was not about that anymore, I just have a bridge to nowhere to sell you. I don’t have specific prediction, but I think it’s clear there is a new sheriff in town. There is a new doctrine about the Western Hemisphere that has been in some ways resurrected on the [inaudible 00:51:35] train, and I think we’ll see more of it. I think at this point, the biggest question is for the Europeans. What do they want to do? Because right now, their position of being a dwarf militarily while being a pretty big giant economically, I don’t think it works. Nuno Goncalves Pedro I agreed on everything that you said. I do have predictions. I’ll stick a flag on the ground just with my predictions. Bertrand Schmitt Good luck. Nuno Goncalves Pedro They are mostly positive. I do think we’ll see an end or, for the most, end to the two big conflicts, the one in Gaza and the one in Ukraine. I think Ukraine will end up in readjustment of territory and splitting between Russia and the Ukraine, but the end of hostilities, I think that we will see an end to the conflict in Gaza also with a readjustment on what that will mean for the Palestinian territories and the Palestinians in general. That I’m not sure, but I feel that there will be an end to those two big conflicts. Iran, I have no clue. I will not put a stick on the ground that I have no clue. There are so many things that could go wrong there. I’ve been reading some really interesting thoughts about even some aggressive thoughts that this might be the time to really change regimes in Iran and for the US to have a bit more of an aggressive stance. I really don’t have a perspective. Obviously, there’s a lot at stake there. Then, if we talk about the other parts, Greenland, I will not opine too much on. Maybe we’re done for now. Maybe there’ll be some other concessions to the US that weren’t already there in the ’50s. Taiwan, I won’t bet either. I’m sad to say I think it might happen at some point in time, but I’m not sure when and what would drive it. Last but not the least, Venezuela is my only really negative prediction. I feel it will continue to be a significant dictatorship as it was before managed enough by other people with the difference now that it has a tax to be paid to the US in the form of oil of some sort, etcetera, and maybe gas, maybe other things as well that it didn’t have before. That’s probably my most negative prediction for the coming year on the geopolitical side. Bertrand Schmitt Without going into detail, I would mostly agree with what you shared. At least that makes sense. But as we know, it’s not always what makes sense, but what might happen. I can tell you 100% I would not have guessed this operation against Maduro. This was so well done, well executed, and shocking at the same time that it’s… I think it shows that it’s hard to guess some of this stuff because there are certainly some new ways to wage limited war, for instance. So it’s certainly interesting, and we certainly need to get used to pretty bombastic statements. But for Venezuela, I don’t think it can be worse than what it was before. I’m probably more optimistic that gradually it can get better. Nuno Goncalves Pedro Just to put perspective on why we’re not making predictions on some of these elements, I think this is a funny story, but I was in Madeira. Actually, first time I was in Madeira, although I’m originally from Portugal. I’ve never been to the islands. Obviously, as you guys know, or some of you might know, there’s a lot of connection between Madeira and Venezuela. There’s a lot of immigration from Madeira Islands to Venezuela. One of my Uber or Bolt drivers there in Madeira was Venezuelan. Was born in Venezuela, but Portuguese descent, et cetera. He was telling me this was still last year. Late last year. Because I told him I lived in US, et cetera, and he was like, “Oh, hopefully, Trump will get Maduro out of there.” In my mind, I was like, “Dude.” No disrespect to the gentleman, but it’s like, “Okay. Mike, your perspective on geopolitics is maybe a little bit exaggerated.” And a couple of days later, we know what happened. When geopolitical decisions are better predicted by some probably very astute Uber drivers, you’re like, “Maybe I shouldn’t make a bet. I have no clue what’s going to happen, no clue what’s going to happen in Greenland, et cetera.” Anyway, a couple of predictions on that element. Bertrand Schmitt That’s why it’s so right. You have to be careful with the prediction, but it doesn’t remove the fact that I think nations and companies that have to play a global game have to understand in some ways what is the game, what are the powers in place, what could happen potentially, but also be realistic. Not be about wish and dreams, but more about, what’s the power relationship? Who has the money? Who has the means? Who has the capacity to do this or that? Because if you start that way, at least the scope of what’s possible, what’s reasonable is more and more clear more quickly. Some stuff like happened with Maduro, I would never have predicted, but for sure, if there’s one country that can do this sort of stuff, it’s the US. I’m not sure anyone has a technology and the means in terms of support infrastructure to do something like this. It’s tough to predict what will happen a year from now for any specific country, but I think that even trying to get a better understanding about the forces in play and their capacity and understanding and accepting that at some point, it’s all about real politic and relationship of power, the more your eyes would be wide open about what’s possible versus simple, wishful thinking. Nuno Goncalves Pedro Fintech, Crypto and Frontier Tech Moving maybe to our last section around fintech, crypto, and frontier tech. For me, just two very quick predictions, views of the world. I think on the frontier tech side, I won’t make a prediction. I will just tell you all to go and listen to our episodes, the one on infrastructure, which is immediately prior to this one, and the episodes that we’ve had around a couple of other topics including AI, what’s the future of your children, because I think they illustrate a lot of the points that we’re seeing and manifesting themselves over the next year and over the next 2 or 3 years as well beyond that. I feel those tomes are complete in and out of themselves, so you can just go and listen to them. Then my second comment is on crypto. I feel crypto has become of the essence, particularly under the current administration in the US, very favored. Obviously, we are now in a world where crypto is just part of the economic system, and I think we’ll see more and more of that emerging, and in some ways, crypto is becoming mainstream. Question is what blockchains will be the blockchains of the future? Obviously, there’s a bunch of bets put out there. We, ourselves, as Chamaeleon, have one investment in one of the significant bets in the space. But besides that, who’s going to win or not, we feel that we’re past the crypto winter. It’s now mainstream days, and we’ll see a lot more activity in there. Bertrand Schmitt I must say with crypto, I’m a bit confused. As you say, we are past the crypto winter. There is much less uncertainty in regul

- VW Dealers Sue to Block Scout's Direct Sales - Scout Reveals 160K Reservations and Production Timeline - Tesla Workers Reject Union in Germany - U.S. Hits Record Car Loan Debt - Stellantis Sells EV Vans for Same as Diesel - Honda Revives Insight Again, But as Pure EV - Hyundai and Kia Cut EV Models in the U.S. - BYD Makes Big Improvements with Next-Gen Battery

Bienvenidos al DAILY NEWS, un podcast diario de martes a viernes donde conocerás en menos 10 minutos toda la actualidad del sector de la automoción (Coches eléctricos) y movilidad eléctrica. Te gestionamos el beneficio del CAE, mas info en: https://somoselectricos.com/certificados-ahorro-energetico-cae-coche-electrico/ Obtén 50€ gratis en Octopus Energy: https://bit.ly/4eTLCDg Enlace baliza V16 recomendada: https://amzn.to/3LXPTfF Puedes usar nuestro código de referidos de TESLA a la hora de comprar tu coche: https://bit.ly/referidoTesla para recibir créditos TESLA de forma gratuita. Si te gusta nuestro proyecto de podcast recuerda que puedes apoyarnos a través de nuestro PATREON: https://bit.ly/patreonSE y accederás a un grupo exclusivo de Telegram. También lo puedes hacer a través de IVOOX. Tan solo ves a esta URL https://www.ivoox.com/podcast-somos-electricos_sq_f1627406_1.html y pulsa el botón de APOYAR. Tu ayuda nos permitirá invertir más tiempo y recursos en el proyecto de Somos Eléctricos. ¿Te animas?

News and Updates: Pew Research on Teen AI Usage: A Pew study reveals 54% of U.S. teens use AI for schoolwork. While many use it for research, others admit to frequent chatbot-assisted cheating. Waymo Using Gig Workers: Waymo is paying gig workers $20–$24 to manually close robotaxi doors. The driverless Jaguars cannot move if passengers leave doors ajar after exiting. Waymo Clarifies Human Assistance: Waymo defended its use of overseas assistants to "guide" vehicles in complex traffic, stressing that humans provide environmental context but do not remotely drive. Tesla Suing To Use “AutoPilot and FSD”: Tesla is suing the California DMV, claiming the ban on "Autopilot" marketing violates the First Amendment and ignores the company's clear driver supervision warnings.

Want a car meet that feels like a festival and functions like a precision machine? We sit down with Gus Flores of The CarMeet Network to unpack how a free mega show can welcome thousands, run smoothly, and still feel personal. Gus shares the core idea—vibe, connect, grow—and how smart logistics, clear parking sections, and real community-building help people find purpose as much as power. From hot rods to Hondas, WRX clubs to classic Corvette owners, the plan is simple: everyone belongs, and the layout makes every build shine.We break down the big details at Team Gilman's north complex: a 10 a.m.–2 p.m. schedule, recommended preregistration that guarantees your spot, and a live three-hour broadcast from the lot. Then the headline-grabber: six vehicles, two from each store, raffled so winners can buy for $1,000 plus TTL. You must be 18, licensed, present, and registered to enter. It's a bold way to give back and put real keys in real hands, and it's already lighting up club chats across Subaru, Mazda, Acura, and beyond. Add a DJ, street-style dogs and burgers from Sasa Burgers, and the electricity of builders swapping stories, and you've got a meet with momentum.We also zoom out to the long game of ownership. Which brands are most likely to hit 250,000 miles? Toyota and Lexus lead with deliberate engineering and incremental updates, Honda follows with proven powertrains, and Chevy shows up strong via Suburban and Silverado. We contrast that with RAM and Jeep's long-term reliability struggles and Tesla's older-model growing pains—practical takeaways for enthusiasts choosing platforms to daily, mod, and keep. To round it out, we map five bucket-list concours events—Amelia Island, Greenwich, Cincinnati, Pebble Beach, and Ironstone—so you can plan a year long show season that spans grassroots grit and world-class elegance.Bring your ride, your crew, and your appetite. Preregister to lock your spot, tune into the live show on-site, and throw your name in the hat for that $1,000 car opportunity. If this episode sparks a plan, share it with your club, hit follow, and leave a quick review so more enthusiasts can find the show.Be sure to subscribe for more In Wheel Time Car Talk!The Lupe' Tortilla RestaurantsLupe Tortilla in Katy, Texas Gulf Coast Auto ShieldPaint protection, tint, and more!Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.---- ----- Want more In Wheel Time car talk any time? In Wheel Time is now available on Audacy! Just go to Audacy.com/InWheelTime where ever you are.----- -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Podcast and check out our live multiplatform broadcast every Saturday, 10a - 12nCT simulcasting on Audacy, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Podcast can be heard on you mobile device from providers such as:Apple Podcasts, Amazon Music Podcast, Spotify, SiriusXM Podcast, iHeartRadio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox, YouTube Podcast and more on your mobile device.Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/https://www.youtube.com/inwheeltimehttps://www.Facebook.com/InWheelTimeFor more information about In Wheel Time Podcast, email us at info@inwheeltime.com

-- On the Show -- James Talarico wins the Texas Democratic Senate primary and will face the winner of the upcoming Republican runoff between John Cornyn and Ken Paxton in the general election -- Democrats flip seats in Arkansas, Texas, and Louisiana amid collapsing approval numbers for Donald Trump, signaling early signs of a potential 2026 midterm wave -- Donald Trump stumbles through comments about succession in Iran and makes erratic claims about Spain during tense public appearances -- Donald Trump acknowledges that escalating conflict with Iran could raise oil and consumer prices despite campaigning on lowering the cost of living -- Donald Trump and Marco Rubio give conflicting explanations about evacuation planning after strikes on Iran, raising questions about whether Americans were protected before military action -- Republican Senator Thom Tillis publicly rebukes Kristi Noem over her book remarks and challenges her responses about immigration enforcement -- Marco Rubio defends Donald Trump's strike on Iran with shifting explanations and denies prior statements as reporters confront him with contradictory video evidence -- Donald Trump posts on Truth Social blaming Barack Obama and Joe Biden for Iran policy while his administration scrambles to evacuate thousands of Americans after launching military strikes -- On the Bonus Show: Minnesota launches investigations into ICE officers, SCOTUS considers a law barring marijuana smokers from owning guns, Elon says Tesla robotaxis are coming to California despite doing nothing to get permits, and much more...

This week, we’re bringing you an episode from the podcast No Such Thing. Join Manny, Noah, and Devan — three best friends and journalists — as they settle dumb arguments by actually doing the research. Each week, they start with a debate or discussion. In this episode, they ask: what’s up with Tesla door handles? And why do microwaves have so many buttons? And why are couches so expensive, but so uncomfortable? They’re joined by experts to answer these questions, including friend of the pod, Dexter Thomas, host of kill switch. For more information, please subscribe to their newsletter at www.nosuchthing.show. And if you have any questions you’d like Manny, Devan and Noah to get to the bottom of, email them at or leave a voicemail: ‪(860) 325-0286.See omnystudio.com/listener for privacy information.

Mortgage rates dipped below 6% last week. Now, they're back up. Sudden conflict and uncertainty almost always cause volatility in the mortgage market. This time, fears of inflation and higher oil prices are to blame. Also, a look at how the U.S. might protect and insure vessels traveling through the Persian Gulf, and how the Republican tax and spending law signed last summer might help big corporations like Amazon, Meta, and Tesla avoid paying taxes.

War with Iran: Why all eyes are on the Strait of Hormuz… And why U.S. producers will benefit. Plus, should you buy stocks during a war? … Block's (XYZ) layoff… Private equity… The betting markets… And Tesla's (TSLA) upgrade. In this episode: War with Iran: Why all eyes are on the Strait of Hormuz [1:27] U.S. producers will benefit from the Iran War [5:55] Should you buy stocks during a war? [17:07] Is AI to blame for Block's big layoff? [19:11] Private equity is crashing—is it time to buy? [32:07] The betting markets are going wild over the Iran War [41:20] I hate Bank of America's Tesla upgrade [48:39] Did you like this episode? Get more Wall Street Unplugged FREE each week in your inbox. Sign up here: https://curzio.me/syn_wsu Find Wall Street Unplugged podcast… --Curzio Research App: https://curzio.me/syn_app --iTunes: https://curzio.me/syn_wsu_i --Stitcher: https://curzio.me/syn_wsu_s --Website: https://curzio.me/syn_wsu_cat Follow Frank… X: https://curzio.me/syn_twt Facebook: https://curzio.me/syn_fb LinkedIn: https://curzio.me/syn_li

Dan Nathan interviews veteran tech investor Dan Benton about how tech investing has changed since Benton's 1991 “20 rules” at Goldman Sachs and why he's releasing new “2026 rules,” alongside launching a Substack. Benton contrasts a pre-internet, sell-side, information-advantage era with today's commoditized data, retail tools, and faster markets, arguing investors now differentiate by identifying secular themes and sticking with them. He emphasizes tech as “the market,” the need to respect the Fed, and that momentum in tech is driven by multi-year estimate trajectories, revenue acceleration, and operating leverage, with valuation often secondary until growth decelerates. They discuss stock-based compensation distorting earnings quality, rotations within AI beneficiaries, crowding and risk-off selloffs, and uncertainties around hyperscaler CapEx and OpenAI's private-market marks. The conversation covers SaaS disruption risk, Tesla and SpaceX “selling the future,” China's advantages, and why markets are faster but not smarter. Links Rules For Tech Investing (1999 Edition) Follow Dan's SubStack: substack.com/@danbenton —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media

Mortgage rates dipped below 6% last week. Now, they're back up. Sudden conflict and uncertainty almost always cause volatility in the mortgage market. This time, fears of inflation and higher oil prices are to blame. Also, a look at how the U.S. might protect and insure vessels traveling through the Persian Gulf, and how the Republican tax and spending law signed last summer might help big corporations like Amazon, Meta, and Tesla avoid paying taxes.

SUMMARYCars are no longer just mechanical machines — they are rolling software platforms.In this episode of The Straight Shift, The Car Chick® breaks down the growing trend of subscription-based car features and what it actually means for consumers.From life-saving systems like OnStar and connected services such as Subaru STARLINK and Hyundai BlueLink, to hands-free driving tech like Super Cruise and BlueCruise, we separate the subscriptions that make sense from the ones that feel like a toll booth for your tushy.You'll learn:How telematics systems actually workWhy emergency services like OnStar have handled tens of thousands of real dispatchesHow Tesla normalized pay-to-unlock EV featuresWhat happened with Toyota's remote start confusionWhy BMW's heated seat subscriptions sparked backlashWhat questions you MUST ask before signing a car contractIf you're financing a vehicle for five to seven years, you need to understand what could stop working in year three.This episode will help you avoid surprises — and the bullshittery.TAKEAWAYSModern vehicles are software-defined and can enable or disable features remotely.Emergency systems like OnStar have handled nearly 40,000 emergency dispatches in a single year.Tesla normalized over-the-air performance unlocks in EVs.Some manufacturers have experimented with charging for features already physically installed in the vehicle.Consumer backlash has influenced companies to reconsider subscription strategies.Subscription fatigue is entering the automotive world.Buyers must understand what features expire after trial periods.Asking the right questions before purchase prevents expensive surprises later.RESOURCEShttps://DrivingInTheUK.com/You can view a full list of resources and episode transcripts here. Connect with LeeAnn: Website Instagram Facebook YouTube Work with LeeAnn: Course: The No BS Guide to Buying a Car Car Buying Service Copyright ©2024 Women's Automotive Solutions Inc., dba The Car Chick. All rights reserved.

On today's disturbingly dirty episode of Quick Charge, Elon Musk is undoing nearly two decades of decarbonization by pumping out massive amounts of pollution to keep his xAI and Grok slop-machines rolling – and hurting some of America's most vulnerable communities at the same time. Tesla's troubles with pollution and carbon don't end there, either – two of company's biggest buyers of carbon credits are taking their business elsewhere, and the damage to Tesla's bottom line could be in the billions. Plus: it's a record month for Hyundai IONIQ 5 sales, electric semi trucks really do save fleets money, and some cool pictures of Volvo heavy equipment assets getting topped off at the Circle K! And, before you ask: NO! The irony is not lost on me ... but I didn't waste any water making the image, I just copy/pasted it in (he said, defensively). Source Links Tesla loses Toyota and Stellantis from its EU CO2 pool, taking billions with them Elon Musk's xAI is undoing Tesla's climate work all in the name of AI slop Hyundai bucks the trend as IONIQ 5 EV sales surge 33% in record-setting February Real-world test: electric semi trucks can save fleets nearly $160,000 per truck Where do you charge your wheel loader? Try the Circle K! Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple Podcasts, Spotify, TuneIn, and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are (allegedly) recorded several times per week, most weeks. We'll be posting bonus audio content from time to time as well, so be sure to follow and subscribe so you don't miss a minute of Electrek's high-voltage podcast series. Got news? Let us know!Drop us a line at tips@electrek.co. You can also rate us on Apple Podcasts and Spotify, or recommend us in Overcast to help more people discover the show. If you're considering going solar, it's always a good idea to get quotes from a few installers. To make sure you find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. It has hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it's free to use, and you won't get sales calls until you select an installer and share your phone number with them.  Your personalized solar quotes are easy to compare online and you'll get access to unbiased Energy Advisors to help you every step of the way. Get started here.

- Oil Prices Ease Despite Widening Iran War - Aluminum Prices Up Sharply Due to Iran War - Chinese Car Exports Disrupted by Iran War - February U.S. New Car Sales Mixed - Honda To Ramp Up Fleet Sales - Tesla and IG Metall Headed for A Showdown - Tesla Losing Billions of EV Credits - Stellantis Launches 0% Financing Sales Blitz - GM's CarBravo Battles Carvana For Used Sales

Tesla's (TSLA) bumpy ride in stock price has the attention of Charles Schwab's Kevin Horner on Wednesday's Chart of the Day. He points to the latest upgrade from Bank of America as a potential catalyst to lift shares off a recent floor he highlights in his technical analysis. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – / schwabnetwork Follow us on Facebook – / schwabnetwork Follow us on LinkedIn - / schwab-network About Schwab Network - https://schwabnetwork.com/about

- Oil Prices Ease Despite Widening Iran War - Aluminum Prices Up Sharply Due to Iran War - Chinese Car Exports Disrupted by Iran War - February U.S. New Car Sales Mixed - Honda To Ramp Up Fleet Sales - Tesla and IG Metall Headed for A Showdown - Tesla Losing Billions of EV Credits - Stellantis Launches 0% Financing Sales Blitz - GM's CarBravo Battles Carvana For Used Sales

Market update for Wednesday March 4, 2026Check out the Public app for incredible investing tools and to support the show (⁠LINK⁠)Follow us on Instagram (⁠@TheRundownDaily⁠) for bonus content and instant reactions.In today's episode:OpenAI looks toward NATO defense deal Tesla receives robotaxi driven upgrade from Bank of AmericaRoss Stores provides upbeat 2026 outlook after holiday earnings beat Gitlab shares plummet amid sales slowdown amid AI eraFun Fact: Mark Zuckerberg buys the most expensive home in Miami

Bienvenidos al DAILY NEWS, un podcast diario de martes a viernes donde conocerás en menos 10 minutos toda la actualidad del sector de la automoción (Coches eléctricos) y movilidad eléctrica. Te gestionamos el beneficio del CAE, mas info en: https://somoselectricos.com/certificados-ahorro-energetico-cae-coche-electrico/ Obtén 50€ gratis en Octopus Energy: https://bit.ly/4eTLCDg Enlace baliza V16 recomendada: https://amzn.to/3LXPTfF Puedes usar nuestro código de referidos de TESLA a la hora de comprar tu coche: https://bit.ly/referidoTesla para recibir créditos TESLA de forma gratuita. Si te gusta nuestro proyecto de podcast recuerda que puedes apoyarnos a través de nuestro PATREON: https://bit.ly/patreonSE y accederás a un grupo exclusivo de Telegram. También lo puedes hacer a través de IVOOX. Tan solo ves a esta URL https://www.ivoox.com/podcast-somos-electricos_sq_f1627406_1.html y pulsa el botón de APOYAR. Tu ayuda nos permitirá invertir más tiempo y recursos en el proyecto de Somos Eléctricos. ¿Te animas?

Richter, Christoph D. www.deutschlandfunk.de, Deutschland heute

Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. How Does This End? The escalating conflict with Iran. Clay and Buck break down a major report from Fox News’ Trey Yingst, who reveals that Israel struck a gathering of Iran’s Supreme Council while they were choosing a new Supreme Leader—an unprecedented intelligence and operational blow. Clay and Buck analyze the implications of U.S.–Israeli air superiority, expressing the view that Iran’s leadership is increasingly vulnerable and unable to protect even top officials. They discuss the likelihood of the U.S. and Israel shaping Iran’s future leadership, referencing historic parallels such as the Northern Alliance in Afghanistan and Venezuela’s post‑Maduro transition. The conversation deepens as they react to President Trump’s warnings that failure to act against Iran’s nuclear program could have led to a “nuclear war,” followed by explosive comments from negotiator Steve Witkoff, who recounts Iran bragging about possessing enough enriched uranium for 11 nuclear bombs. Clay and Buck examine how these revelations accelerated U.S. action and what a post‑strike political landscape may look like inside Iran. Texas Primary Day! Clay Travis and Buck Sexton interview with Congressman Wesley Hunt, a leading candidate in the Texas Senate primary. Hunt lays out his case for next‑generation conservative leadership, citing his West Point background, combat service as an Apache pilot, support for term limits, and strong alignment with President Trump. He sharply criticizes what he calls the “soft bigotry of low expectations” from liberal politicians, slams Gavin Newsom’s recent comments, and emphasizes his commitment to cultural clarity on issues like gender, family values, and assimilation. Hunt also discusses Iran, calling Trump’s actions “peace through strength” and asserting that strategic force prevents greater conflict. Sen. Markwayne Mullin An extended interview featuring Senator Markwayne Mullin of Oklahoma, who discusses the unfolding U.S.–Israel military campaign against Iran. Senator Mullin emphasizes that this is not another Iraq or Afghanistan but a direct confrontation with a regime that has targeted Americans for 47 years. He explains why President Trump’s strategy differs from previous administrations and outlines the intelligence behind striking Iranian leadership, including revelations that Iran claimed to possess enough enriched uranium for 11 nuclear bombs. Mullin argues that Trump’s approach—eliminating threats rather than delaying action—is both historically rare and strategically necessary. Clay and Buck then explore how these operations intersect with the America First doctrine. Senator Mullin responds to skeptical constituents by explaining why actions in Venezuela, Cuba, and Iran directly impact U.S. national security, from drug trafficking to global energy markets. He details how a nuclear‑armed Iran could destabilize world shipping lanes, spike oil prices, endanger U.S. allies, and ultimately threaten the American homeland. The conversation also touches on congressional issues including the SAVE Act and the challenges of overcoming a Senate filibuster. In a lighter turn, the hosts dive into a humorous discussion about physical fitness on Capitol Hill, reacting to viral footage of Secretary of War Pete Hegseth bench‑pressing 315 pounds. Senator Mullin, known for his own extreme fitness feats, compares strength metrics across members of Congress and discusses why physical conditioning boosts confidence, mental health, and leadership. Clay Buys a Tesla In a lighter cultural shift, Clay and Buck riff on generational habits, restaurant drink trends, and Costco culture—highlighted by Buck’s wife humorously blaming his Pellegrino obsession for her bulk‑shopping trips. This segues into a forward‑looking discussion on the future of autonomous driving, sparked by Clay’s firsthand experience with Tesla’s self-driving technology. They predict that self‑driving cars will become the global standard within a generation, reducing accidents, lowering insurance costs, ending drunk driving, and transforming how Americans view car ownership and transportation. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

VPPs – virtual power plants – continue to spark heated debate. Are they genuinely a fast, affordable way to add capacity to the grid? Or are they an overhyped concept that falls apart when electricity systems are under stress? To find out, host Ed Crooks welcomes Colby Hastings, the senior director for residential energy at Tesla, to unpack what VPPs can and can't do for the grid.Colby explains how storage-based VPPs can behave very differently from the classic demand response that relies on consumers changing their behaviour. She sets out Tesla's thinking on VPPs, including its strategies for customer participation, reliability, and pay-for-performance. Tesla's model includes opt-outs, backup reserve settings, and transparency via an app. Customer choice is an important principle.Regular guest Amy Myers Jaffy also joins the show, and she debates what's holding VPPs back from scaling everywhere. Electricity market design can be critical for determining how fast VPPs are adopted. Other issues, including concerns about “double compensation” under net metering systems, are also important. Some regions are moving faster than others.Finally, Colby tells us what's coming next from Tesla and in the industry. Tesla's vehicle-to-grid plans are starting to take shape. A pilot, starting with the Cybertruck, was launched last month. And she explains why Puerto Rico is one of the clearest case studies for demonstrating the value of VPPs as critical infrastructure.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, Scott Becker breaks down year to date results for the Magnificent 7 including Microsoft, Tesla, Amazon, Nvidia, Apple, Meta Platforms, and Alphabet.

It's EV News Briefly for Monday 02 March 2026, everything you need to know in less than 5 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community. You can be like them by clicking here: https://www.patreon.com/EVNewsDailyBMW USA SHOP LEAK POINTS TO 2027 LINEUPA leak on BMW USA's online shop revealed two fully electric i3 sedan variants — the i3 40 xDrive and i3 50 xDrive — confirmed for the US in 2027, sharing the Neue Klasse platform with the iX3 and featuring Gen6 batteries, 800-volt hardware, and an iDrive X interior. The 2027 lineup also adds a first-ever iX4 coupe-SUV in two variants, an iX3 in three configurations launching in North America this summer, an electric iX5, and an i3 M60 alongside a full electric M3 positioned as the spiritual successor to today's M3 Competition.TESLA BERLIN RUNS HALF FULL AS UNION ROW SIMMERSTesla's Gigafactory Berlin produced 211,235 vehicles in 2024 against a stated annual capacity of 375,000 — a 56% utilisation rate — and output has since declined further, with the factory now reportedly running at around 40% capacity and BYD outselling Tesla in Europe in January 2026. Labour tensions are deepening ahead of works council elections, with IG Metall pursuing collective wage agreements similar to those at Volkswagen and BMW, while Tesla filed a criminal complaint against a union member and Elon Musk warned that "outside organisations" could hinder the site's ambition to become Europe's largest factory complex.T&E: LOCAL BATTERIES COULD CUT COST GAPA Transport & Environment report argues the EU can shrink the cost gap between domestically made and Chinese batteries from 90% to around 30% through scaled-up local production, with higher automation and lower scrap rates potentially cutting the gap to $14 per kWh by 2030 — equivalent to roughly €500 on an average EV. The findings align with the EU's forthcoming Industrial Accelerator Act, which targets ~70% local content thresholds for publicly supported EVs, though some carmakers warn this risks making batteries prohibitively expensive while T&E's Julia Poliscanova calls it "a sovereignty premium worth paying," particularly given China's export restrictions on critical minerals.TRIBUNAL BACKS 5% VAT ON SOME PUBLIC CHARGINGA UK tax tribunal has ruled against HMRC in a case brought by community charging operator Charge My Street, finding that a de-minimis clause in the VAT Act 1994 — capping "domestic" supplies at 1,000 kWh per month per customer — can qualify most neighbourhood charge points for the 5% reduced VAT rate rather than the 20% rate currently applied to public charging. The ruling is significant for drivers without off-street parking, though it also raises commercial complications, as many charge point operators have multi-year contracts priced on 20% VAT, and it opens the door to networks gaming the threshold by splitting sites or charger banks into separate "premises".ŠKODA OPENS €205M CTP BATTERY PLANT IN CZECHIAŠkoda has opened a €205 million (~$216M), 55,000 m² battery production facility at Mladá Boleslav, making it the Volkswagen Group's largest BEV battery system site and the first VW Group plant in Europe to manufacture cell-to-pack (CTP) systems at scale. The line produces over 1,100 battery systems per day — targeting up to 335,000 annually — and Škoda's switch to LFP cells has cut battery production costs by 30% compared to its previous MEB systems.MG CLOSES IN ON EUROPEAN FACTORY PLANMG has narrowed its European factory search to five countries, aiming to begin production by 2027 to circumvent the EU's 45% tariff on Chinese-built BEVs — a levy that caused MG's European BEV sales to fall 33% to 48,479 units last year, even as overall European sales rose 26% to 307,282 units in 2025. MG Europe head William Wang declared "it's time to build local," positioning the brand as a European marque rather than a Chinese import, as rivals BYD, Chery, and Leapmotor also race to establish European manufacturing footholds.CITROËN UPDATES C5 AIRCROSS PHEV FOR EURO 7Citroën has refreshed the C5 Aircross plug-in hybrid with a new 21.5 kWh battery (17.8 kWh usable), delivering up to 96 km (60 miles) of WLTP combined electric range — a 33% improvement over the outgoing model and ahead of rivals like the Peugeot 3008 Hybrid4 (69 km) and Ford Kuga PHEV (64 km). Priced in the €40–50k range, Citroën positions the updated C5 Aircross as one of the most tax-efficient family SUVs in the mainstream segment across EU markets while still targeting Euro 7 compliance.CANADIAN TRIAL PEGS ELECTRIC SEMI SAVINGS AT $157,126A real-world Canadian trial by FPInnovations' PIT Group and Transport Canada tracked two commercial fleets over 12 months and more than 200,000 km of Montreal-area operations, projecting savings of $157,126 per truck over six years — described as the most comprehensive dataset of its kind outside controlled demonstrations. The study compared the Freightliner eCascadia (BEV) directly against the diesel Cascadia and found that despite the electric truck's higher purchase price, higher-than-expected maintenance costs, and lower residual value, a six-year saving still emerged and may prove conservative.DENZA D9 ELECTRIC MPV ARRIVES IN AUSTRALIADenza has launched the D9 electric MPV in Australia from A$85,990, powered by a 103.3 kWh Blade Battery with 200 kW DC fast charging, 11 kW AC charging, and V2L capability across both variants, all built on BYD's e-Platform 3.0 with a cell-to-body battery structure. The seven-seat, three-row cabin targets the premium end of the people-mover segment with nappa leather, open-pore white ash wood trim, a 14-speaker Dynaudio sound system, adaptive suspension, and second-row captain's chairs offering over 900 mm of legroom, massage, and individual screens.CHINESE CAR BRANDS SPLIT US BUYERSA Cox Automotive survey of 802 prospective US car buyers found the country almost evenly divided — 38% would consider Chinese brands if available, 39% would not — with Gen Z showing notably higher openness at 69%. Chinese brands remain locked out of the US market by high tariffs and software regulations, but cost pressure is a key driver of interest, with 68% of open buyers expecting lower prices against an average new car price of $50,000, while BYD has already surpassed Tesla in European EV sales.

Can you help me make more podcasts? Consider supporting me on Patreon as the service is 100% funded by you: https://EVne.ws/patreon You can read all the latest news on the blog here: https://EVne.ws/blog Subscribe for free and listen to the podcast on audio platforms:➤ Apple: https://EVne.ws/apple➤ YouTube Music: https://EVne.ws/youtubemusic➤ Spotify: https://EVne.ws/spotify➤ TuneIn: https://EVne.ws/tunein➤ iHeart: https://EVne.ws/iheart BMW USA SHOP LEAK POINTS TO 2027 LINEUP https://evne.ws/4081MUf TESLA BERLIN RUNS HALF FULL AS UNION ROW SIMMERS https://evne.ws/4d4gL9g T&E: LOCAL BATTERIES COULD CUT COST GAP https://evne.ws/3Na5t94 TRIBUNAL BACKS 5% VAT ON SOME PUBLIC CHARGING https://evne.ws/4bl4PPi SKODA OPENS €205M CTP BATTERY PLANT IN CZECHIA https://evne.ws/3N2pBK9 MG CLOSES IN ON EUROPEAN FACTORY PLAN https://evne.ws/4slQRCu CITROËN UPDATES C5 AIRCROSS PHEV FOR EURO 7 https://evne.ws/4u7vBC3 CANADIAN TRIAL PEGS ELECTRIC SEMI SAVINGS AT $157,126 https://evne.ws/4rMIKiv DENZA D9 ELECTRIC MPV ARRIVES IN AUSTRALIA https://evne.ws/46yDNRY CHINESE CAR BRANDS SPLIT US BUYERS https://evne.ws/4aMajm3

Herb “The Consumerman” Weisbaum from Checkbook.org joins Nick for a packed For The People installment. They talk about the steady stream of data breach notices that keep landing in inboxes, share a few real-world debt success stories, and get surprisingly detailed about how to do laundry the right way without wasting time or money. Herb is also marking 45 years in consumer reporting, so they look back at how scams have evolved over four decades and why some tricks never really go away. Car Guy Tom Appel from Consumer Guide Automotive jumps in next to talk about what he's been driving lately and what's happening with Tesla and its CyberCabs. They also dig into how the recent Supreme Court of the United States tariff ruling is affecting automakers, along with thoughts on the Alfa Romeo Stelvio Intensa, the Toyota Highlander, and a fun comparison of Best Buys from 1970 and today. The episode wraps with fresh rounds of StarSpotter and MysteryShow, keeping the mix of useful advice, car talk, and pure trivia fun right where it belongs. [Ep 434]

Money feels volatile. The headlines feel dramatic. And for many women, investing still feels intimidating. In this powerful conversation, accredited financial counselor and investor Tess Waresmith returns to cut through the noise. She unpacks the truth about market crashes, why the economy and the stock market are not the same thing, and the simple compound interest math that can turn a small monthly contribution into a million-dollar legacy. This episode offers grounded perspective and practical next steps to help you move from fear to financial clarity. If you have any questions about this episode or want to get some of the resources we mentioned, head over to LesleyLogan.co/podcast https://lesleylogan.co/podcast/. If you have any comments or questions about the Be It pod shoot us a message at beit@lesleylogan.co mailto:beit@lesleylogan.co. And as always, if you're enjoying the show please share it with someone who you think would enjoy it as well. It is your continued support that will help us continue to help others. Thank you so much! Never miss another show by subscribing at LesleyLogan.co/subscribe https://lesleylogan.co/podcast/#follow-subscribe-free.In this episode you will learn about:The importance of financial independence for women.How to prepare your finances for an inevitable market crash.The "bucket strategy" for organizing short-term vs. long-term funds.Comparing the 2000 dot-com bubble to today's AI trends.Why learning to invest takes weeks, not a finance degree.Episode References/Links:Wealth With Tess – https://wealthwithtess.com/savvyFree Financial Independence Mini-Course - https://www.moneyconfidentclub.com/3daysfiTess Waresmith Instagram - https://www.instagram.com/wealthwithtess1929: Inside the Greatest Crash in Wall Street History by Andrew Ross Sorkin - https://a.co/d/0h4yDFDvGuest Bio:Tess is an Accredited Financial Counselor® and the founder of Wealth with Tess, a financial education platform and community, that helps millennial women build wealth using simple investing strategies. Her mission is to help women gain agency over their money so they can retire comfortably and have options to live life on their terms. After losing thousands by working with the wrong financial advisor in her early 20s (a fiduciary by the way), Tess rewrote her financial story. She immersed herself in the world of personal finance and wealth building, and by 35, she went from a net worth of $0 to $1 million, all as a single woman. Today, Tess is a sought-after financial expert, featured by Forbes, CNBC and Business Insider. Her free investing workshops have drawn thousands of attendees, and hundreds of women have transformed their financial futures through her straightforward and supportive learning programs. Her approachable, no-jargon investing tips inspire a growing community on Instagram at @wealthwithtess. Whether you're short on time or new to investing, Tess is proof that you don't need Wall Street-level expertise to build wealth, you just need to decide it matters and get some judgement free education. If you enjoyed this episode, make sure and give us a five star rating and leave us a review on iTunes, Podcast Addict, Podchaser or Castbox. https://lovethepodcast.com/BITYSIDEALS! DEALS! DEALS! DEALS! https://onlinepilatesclasses.com/memberships/perks/#equipmentCheck out all our Preferred Vendors & Special Deals from Clair Sparrow, Sensate, Lyfefuel BeeKeeper's Naturals, Sauna Space, HigherDose, AG1 and ToeSox https://onlinepilatesclasses.com/memberships/perks/#equipmentBe in the know with all the workshops at OPC https://workshops.onlinepilatesclasses.com/lp-workshop-waitlistBe It Till You See It Podcast Survey https://pod.lesleylogan.co/be-it-podcasts-surveyBe a part of Lesley's Pilates Mentorship https://lesleylogan.co/elevate/FREE Ditching Busy Webinar https://ditchingbusy.com/Resources:Watch the Be It Till You See It podcast on YouTube! https://www.youtube.com/channel/UCq08HES7xLMvVa3Fy5DR8-gLesley Logan website https://lesleylogan.co/Be It Till You See It Podcast https://lesleylogan.co/podcast/Online Pilates Classes by Lesley Logan https://onlinepilatesclasses.com/Online Pilates Classes by Lesley Logan on YouTube https://www.youtube.com/channel/UCjogqXLnfyhS5VlU4rdzlnQProfitable Pilates https://profitablepilates.com/about/Follow Us on Social Media:Instagram https://www.instagram.com/lesley.logan/The Be It Till You See It Podcast YouTube channel https://www.youtube.com/channel/UCq08HES7xLMvVa3Fy5DR8-gFacebook https://www.facebook.com/llogan.pilatesLinkedIn https://www.linkedin.com/in/lesley-logan/The OPC YouTube Channel https://www.youtube.com/@OnlinePilatesClasses Episode Transcript:Tess Waresmith 0:00  Money is not good, bad, evil. It is just a tool. Are there billionaires that are assholes, of course, but that doesn't mean that money is a bad thing. We should all be working to acquire it, because if we have more flexibility, independence and freedom, we're going to be better for the people around us. We're going to make a better impact.Lesley Logan 0:17  Welcome to the Be It Till You See It podcast where we talk about taking messy action, knowing that perfect is boring. I'm Lesley Logan, Pilates instructor and fitness business coach. I've trained thousands of people around the world and the number one thing I see stopping people from achieving anything is self-doubt. My friends, action brings clarity and it's the antidote to fear. Each week, my guest will bring bold, executable, intrinsic and targeted steps that you can use to put yourself first and Be It Till You See It. It's a practice, not a perfect. Let's get started. Lesley Logan 0:56  All right, Be It babe, we are gonna talk about the financial times. Don't turn this away. I know you wanna go, la, la, la, la, la, when we talk about money, and I think I said that the last time we had the amazing Tess Waresmith on. But I really want, I want you to know that like after talking with her and hearing her voice and hearing her perspective on all the uncertainty when it comes to money, when it comes to the stock market, when it comes to the economy, she always helps me put it all in the most amazing perspective. And I want that for you as well. And I also want you to have all the things that you want to have. And if you're like, oh Les, I'm good, we also talk about that too. We also talk about what like if you are good, why it's so important for you to have this information and to know what to do with it. So, here's Tess Waresmith. Lesley Logan 1:42  All right, Be It babe, I am thrilled to have this guest back, because, to be honest, I just love hearing her speak. I actually there's very few people online that I am like absolutely 100% have to watch everything they post, because I learned so much. I learned so much from her, and I wanted to have her back so we can learn some more, because the financial investment is always uncertain, but it feels more uncertain now than it ever did before. So Tess Waresmith, welcome back. Will you tell everyone who you are and what you rock at?Tess Waresmith 2:08  Thank you. Thank you for having me back. I am an accredited financial counselor, an investor, and I would say more colloquially, I am an advocate for women and people having more money so that they can do what they want, when they want, with who they want, and eventually retire comfortably and have the flexibility, yeah, to do whatever you want with your life. That is my goal. Lesley Logan 2:28  Yeah. Well, I mean, I think we're on the same path in different ways. Like, I don't know money the way you know money, but I'm like, I want women to have, like, I want them to be a priority in their life, so that they have a body that will take them everywhere they want to go. Because, you know, so I and for a lot that may require is like having financial independence and abilities to do things that can care for themselves, they advocate for themselves. And so money does, people can hate it or love it, but it does make the world go round. It is this energy that we need to understand. So, you know, we've had you on the pod before, so you guys, we'll definitely link in the show notes, and you will learn so much. But you know, as we record this, I'll say what when we're recording this, because I think it's helpful. We just got out of the longest shutdown, the crazy times we're recording November, so it's probably come out in 2026 in the beginning. But like, people are scared. I think people are freaking out. Like I coach businesses all the time, and where my predictions are is that the group fitness aspect of things is being affected, because that's the amount of those are the people whose paychecks are being affected, those people whose the cost of groceries going up, it affects their luxury spending, which I don't think fitness should be luxury, but their luxury spending on fitness is changing. And so I'm seeing these changes. Can we talk like, where do you want to start, Tess? Should we talk with, like, what is like is always uncertain, and it just and we're like, we're making it up that it's more uncertain today?Tess Waresmith 3:50  It's a great question. I mean, I want to, like, double tap on one thing you said, where before we even, like, get into this conversation. If, when Lesley said, if money is, like, good or bad? Like, money is a tool. It's not either. And so if you are somebody that's like, oh, I hear this a lot from women, they're like, oh, I don't need to make that much money or, like, I don't want to have too much because it's bad, or I feel greedy. If you're that person, we probably need you to have more money so that you can make a bigger impact, donate to causes you care about. You're probably a good person, if you're thinking about it that way. So I need you to just park that and rewrite a new story that's money is not good, bad, evil. It is just a tool. Are there billionaires that are assholes, of course, but that doesn't mean that money is a bad thing. We should all be working to acquire it, because if we have more flexibility, independence and freedom, we're going to be better for the people around us. We're going to make a better impact. If you're an asshole, you're going to be with money or without. So I just want to, like, start there, because I think, I think that is such a useful excuse to be like, I'm not going to focus on my money. I like, don't need more and just like, the reality is, like, if you're saying that I probably need you to have more. Yeah, know what I mean, because.Tess Waresmith 5:04  You're gonna do better things with it, like, I couldn't agree more. Like, I was listening to a business guy, a coach doing not a business coach. He's like, an actual, like, life coach type of thing. And he was finding how people are like, oh, I'm good. Like, I don't, I don't want to. I feel like if me wanting more is bad when other people have so little. And he's like, right, but you playing small is never going to give them anything. Right? So, like that to your point, like, if you're the, if you're the woman, listen, is going, like, I'm really good. Like, I don't need more. We need you to have more, because you will give it to the right people. You will spend it at the right businesses. You're not the ass hole. So, we need that. Yeah, I agree.Tess Waresmith 5:41  Yeah, yeah. So I've been thinking about that a lot more and more, especially as we roll into this economy where we have so much information and so much access and visual representations of under resourced people, and we're seeing that all the time. So it's easy to feel like, you know, well, I'm doing better than this person, and this isn't something I should focus on. The other thing that people don't realize is, if you learn more of the basics, you get to impact the people around you, and not all of them are doing well, either, like I have some really close friends that I've grown up with that are in much better financial positions, that came from nothing, that grew up in really bad homes and with no money, parents in jail. They're doing better because I am a money nerd, and I force them to talk about this stuff, and so, like, I think that it's just important to remember that this is like a fundamental unfortunately in this country, are the rights to like, food and housing is not guaranteed. We need money for those things. So if you have more than you need, great, give it to somebody that doesn't. So yeah, I could go on and on about that.Lesley Logan 6:44  Yeah, yeah. I know it's like, I think, like, it's really interesting, right? I just saw someone post because, again, we're recordimg in November. Somebody posted like, should you be doing, like, Black Friday, Cyber Monday sales? And as a Pilates business coach, I tell Pilates studios all the time, don't fucking do it. You have a service-based business. You don't have the margins to do the discounts that stores have, so you can't copy what stores are doing, and the big stores put those margins in. So guess what? When it's 40% off, it's because when it was full price, you're paying more than they needed you to pay. They have, it's built in, right? As a small business owner, do I do it? Yes. Why? Because I have a product that I can do it on, I have digital products I can do it on, and I'm only doing it this one time a year. While y'all want to have a discount, that's what people want. So like, I'm like, here's the game. I can acquire new customers with it. I can reward my loyal customers who've been with me a long time with these things. But I don't have to participate in this game. But we are currently, right now, recording in the States, in the United States, where housing and medical care and all these things are not guaranteed. And so you do need to have an awareness of how to make money and how to invest money so you can have those luxuries. So going to who what you're an expert at, and talking about these things like, I think people who have a lack of understanding of how money works and investment works, this is when they start to freak out. You know, like we all know, that as soon as they start to see that these big people are pulling their shares out of this, or pulling their shares of this, all of a sudden people start to freak out and pull their shares, and we become a very predictive death spiral. So what should we know? What should we be paying attention to if we are investing? Should we should we not invest right now? Like, what's the?Tess Waresmith 8:24  Yeah, yeah, all great questions and very real and honest questions. So I appreciate that. So I want to start with the fact that the economy and the stock market are not the same thing. It's easy to feel like they are, because we hear so much about the stock market, it's a super exciting piece of information and news for the media to to constantly bring up. And so a lot of times we see these things like, are we in an AI bubble? Are we going to have a recession? Is the stock market going to collapse? Or the stock market is collapsing when it goes down one day, or crashing or whatever. And so I think it's important to remember that those are two different things. The economy right now. There's a lot of issues in the economy. There's a there's a lot of data. Like, just to, like, nerd out for a second, and I'll make this like, as non jargony as possible. So stay with us. So, so first of all, there's, there's things called leading and lagging indicators in the economy, and leading indicators are typically things that are going to influence what the stock market might do in the future. And then there's lagging indicators that kind of show what the business cycle is doing in the past. And all of this to say is that there's so many factors that influence the stock market, and right now, we're in a place where we are getting bombarded with information that is favorable for the stock market and not favorable for the stock market all at the same time. So let me give you some examples. AI obviously has massive potential. It's driving incredible returns in 2025 so right now, when we're recording this this year, the returns on AI investment in the stock market have been outstanding. And if you are invest, even if you're investing in just something like a US stock market fund that holds a bunch of stocks in the US or some of you might know what the S&P 500 is, which is the top 500 US, largest stocks that are publicly traded if you're investing in the US stock market, you're investing in AI right now, and you've probably benefited from that, whether you know it or not, if you have a 401K or an IRA, let me tell you this, it should be up. Also, if it's not, shoot me a message, please. So that's one piece of the economy. At the same time, consumer sentiment isn't great. Healthcare costs are going up. Things are more expensive. We have not solved our inflation problem. A ton of layoffs are happening. We're adding jobs in some sectors, removing them from others. So it's important to remember that while all of those economic factors are going to influence the stock market, they are not the stock market. They are two different things. So that's the first thing I want to say. The second thing I want to say is that the stock market, I'll be very interested to see what happens when this podcast episode is released, to be honest. Because right now, we are in a place where the stock market has gone up over the last three years, significantly. 2024 '25 phenomenal years. However, we have a very hard time predicting what's going to happen in the stock market and how long the stock market will continue to go up before it eventually comes down. I'm telling you right now, it will for sure come down at some point to a lower place than we are at now. The stock market never goes up indefinitely. And so for those of you that are really nervous about investing, you're hearing, hearing and seeing all this news that we're like, we're in a bubble. There's going to be a stock market crash, doom and gloom, like maybe zombies or solar flares, like whatever dramatic things they can add to this conversation about investing, it's important to remember that the stock market actually goes in cycles. So it goes up pretty regularly, it hits a peak, it contracts, and then it hits a floor. And that cycle happens over and over and over again. And so we all get really surprised when we start focusing on our money and paying attention to investing, or even just start to get a little bit more nervous about retirement if we're in our 40s, and we're approaching that and we're realizing, oh, we should have paid more attention to this. All of a sudden, when we start to see this news, we go, oh my gosh, like the stock market's going to crash. The stock market has crashed a lot over the last 100 years. We see a correction and a correction is when the stock market comes down by roughly 10% the word correction comes from the prices of stocks actually like coming down being corrected. So we see that like every three to four years, it's very, very common. So one of the things that I can tell you and your listeners is that we should not be worried about a crash. We should expect one. It's part of the price of entry. If you want to build wealth, just like if you become a business owner, you learn a lot about yourself. It's a crash course in personal development. You have, like, ugly cry days, and then your best revenue day, like, three months later. And then everything you build crashes like and over and over. You're in this cycle of building, three steps forward, two steps back. That's business, right? Stock market's going to be the same thing. So what I highly suggest is, whenever you see news, if there's any kind of emotional or sensational twinge to it, that is your one, that should be a signal to you that that's probably clickbait. Yes, first of all, the news wants to write stock market crash, because you're going to click on that, because you're going to be like, Oh God, that sounds scary. So what I love to do, as an accredited financial counselor and an investor, and I will share a lot more about this through Instagram and upcoming YouTube videos, is that we need to understand that the stock market goes in cycles, and this is expected, and the more we can learn and understand the history of that, it's going to make us more confident in how we're investing. And so I'll give you an example for any of our listeners that are lived in 2008 right? The 2008 financial crisis. If you don't know, the stock market dropped like 50% it was abysmal, super bad. People lost a lot. But when people say they lost everything, they didn't lose their money in the stock market, if they didn't sell what they were invested in, if they were invested in 2008 when the stock market crashed and they waited five years, their money would have returned to the same amount it was at, and then over the next 10 years, would have ended up growing significantly and tripling in value like crazy. So the point of all this is there's two things we need to understand. The economy and the stock market are not the same thing. It's going to go in cycles. And if we're investing for the long term, we have 10, 20, 30 years to weather these cycles. It's going to happen. The more we can educate ourselves, the more we can stay calm during these moments.Lesley Logan 15:13  Okay, first of all, you just somehow always know how to, like, calm me down and make me, like, not nervous. Like, I feel like the I'm like, okay, great. So I'll just give I'll just find some more money to put in there. But also, like, I feel, I'm not gonna lie, I feel like I've never heard someone explain that the economy and the stock market are not the same thing. Like, I'm sure you've said it to me and I like, but there I'm hearing it for the first time, and it's like, well, that explains why, when the stock market was great and the economy, people were like, people aren't feeling the economy was great, and so people are confusing the two. And also I want to highlight that I do remember 2008 I actually became a very successful Pilates instructor during the time that people were canceling cable because I was selling something people wanted to invest like they wanted to invest in themselves. They wanted to take some time. They wanted they were thinking how they're putting their dollars. And so it doesn't they don't always had to be bad when they do figure itself out, and you are right, if people are in it for the long haul, then you're going to weather this. And I think it's hard, because the only people who talk about money around us are typically uncles and granddads and like other men, and they make it sound negative all the time, and we aren't always educated in what that looks like. And so then it's like, oh, it's really bad. But we have, there's a lot of cycles in life that we get more confident in, don't we remember? Like, we all remember our first time we got our female cycle. That was really scary, that was a lot. Then there was years of figuring it out, and then you become an adult, and sometimes you're still surprised it comes. Tess Waresmith 16:38  Tha't ssuch a good comparison.Lesley Logan 16:38  Like, it's right, yeah, but we have, like, it's this thing, and like, we have to dread it, and then it comes, and then all of a sudden, we got all the good hormones because it came, and then it's like, this great time. And so it's like, we live in cycles all the time, and if we know when to like you, the one difference is that, unfortunately, the stock market isn't on a 20-day day or 32-day cycle, I mean if it's good, but we don't know when it's going to happen. We know it is going to happen. So I love the way that you addressed that you say that it's like, okay, so then what's the attitude we want to have when it comes? How? What are we what? What is? What are some things that we can, like, plan for when that happens, so that we can not listen to the noise and the clickbait and be in fear and instead make proactive decisions? And so I guess my question is to you, like, when the stock market crashes, what is your process?Tess Waresmith 17:27  Yeah, yeah. So a lot of it is about preparation. And again, the first the acknowledgement, like we talked about, that's going to happen, knowing that we can say, okay, what do we want our finances to look like, to weather this storm, and there's some very specific things we can do to get ahead of this. So the first thing I would say is that if you are investing in the stock market, that should be money that you don't need, I'm going to say, depending on your risk tolerance the next three to five years. So now might be a good time, because there is so much uncertainty, politically, socially, financially, economically, like, yeah, it's a crazy time. I mean, it's always kind of a crazy time. I think now with social media, we probably get bombarded with it more than we used to. But I will say that, like that is an important thing to remember. Is, like, one of the things I love to tell people, people ask me what they should do with their money, and I always flip that around, and I want to say, what do you want your money to do for you? So let's say a crash is coming. What we want is to make sure we have enough money in the interim while the market is being crappy. So that means having maybe a little bit more of a buffer in savings, maybe adding to your high yield savings account. In the same breath, the money that you're investing in a retirement account like an IRA or a 401(K), you have to remember you're probably not going to touch that money for another 10, 20, 30 years, depending how old you are listening to this, those accounts don't even let you withdraw until you're 59 and a half without penalty, with the exception of Roth contributions, which are have already been taxed. We can come back to that if you have questions on that. But essentially, for the most part, just to like, simplify this, your retirement accounts are meant to be for retirement. So if you have money invested in those accounts, and we have a stock market crash in 2026 it doesn't actually affect your day to day life at all, because you're not going to be using that money in the next immediate future. And even if, even if you are retiring next year, that sucks. It's, it's a bummer, right? That sucks if that happens, and I really hope it doesn't happen to any of you. But even that said, in your first year of retirement, are you going to drain your entire 401(K) and IRA to live? Probably not. You're going to take a portion of that. And if you are prepared, you already have your next few years expenses. Right in savings. So one of the big misses, and like very simple financial organization, is thinking about your money in buckets. What do you need in the short term? What do you need in the long term? And then there's like a little bit of a middle gray area, like maybe you want to buy a house in five to 10 years. Should you invest that money in, like a flexible investing account, like a regular brokerage account? Maybe. It depends on your risk tolerance. You know that likelihood of the stock market being up after five years is roughly 90% based on historical data, so pretty good odds. Is it guaranteed? No. So I think that that's the way we've got to think about it is like, what's the intention for our money? And I'll tell you right now. Lesley, like I for sure, have more money in cash right now. I have a couple of rental properties. I need to make sure I can cover those expenses. The other reason I have that is I so I don't do any dumb shit and take my money out of my investing accounts, because I don't need it. Because even as somebody that is very well educated on the economy, on the stock market, an accredited financial counselor. These things are always going to still be emotional and psychological. So that's the first thing is, like, make sure you have some savings. The second piece of this is understand how your money is invested in the first place, and so learning the basics of investing and making sure that you are investing in a bunch of different stocks and different geographies is really, really valuable. It's called diversification, aka putting your eggs in different baskets. And you can learn about this in hours, making sure that your money is not just all invested in Nvidia or Meta if you're picking one stock, putting all your money in it, I think that's a terrible investing strategy. You could become really wealthy, or you could lose a lot. That's actually Lesley, how you lose everything is when you put all your eggs in one basket. So the other important thing to remember is when we diversify appropriately and invest in US stocks and international stocks. The whole point of that is to create a portfolio that can weather these dramatic downturns. So I think it's like two things. It's like making sure we have our money in the right places to weather the storm, and then our money is invested, understanding how that's diversified across different stuff, so that when one sector collapses, or if there is an AI bubble, not all your money is in AI, so you have different stuff. And thankfully, there's easy ways to do that.Lesley Logan 22:30  Yeah, I think, I think that these are all good reminders. And I also love that, like, the vulnerability of like, yes, even you an expert, there's emotions, because with social media, there's these crazy titles on things that are meant to get you riled up and freaking out, and then you do something stupid when, if you were sane and rational, you would go, hold on. Wait a minute. What? So we're recording this in November, and I said to Brad (inaudible) at the gym, I said, oh, that Peter Thiel guy, like dropped all of his stock, and Tesla and a bit, and Nvidia what is that? And he and I, and I was like, do you think he's like, trying to fuck with things, like, right (inaudible) he's not getting enough attention. But at any rate, like, Brad goes, oh, well that. I hope people don't read too much into that, because that could really scare some people to do some stupid stuff. And it's like you start to realize, like, oh, like, when you could just get yourself away from the title and get yourself away from some things, you can go start to see as a bigger picture. You take a deep breath and you can do these things. I do. I do think that a lot of people, even you know, just in the way that I coach people in their Pilates business, I see them doing drastic changes because they're they're reacting, as opposed to giving themselves a runway that allows them to take a deep breath and figure out, like, what's the next best thing to do.Tess Waresmith 23:44  Yeah, such a good example that Brad brought up. I saw that exact article, and actually three people messaged me about that, which is so funny that you bring that up. I have another great example of this. And there was an author, Andrew Sorkin, who wrote a book on the dot-com bubble when the internet started, and there were all these internet companies popping up all over the place. And then, of course, there was a stock market crash right after that, because there are all these companies that weren't set up for success in the long term in the era of the internet. And so he was drawing some similarities, and all these news publications said, author of dot-com bubble book says we're in the same situation that we were in in 2000 and that's not really exactly what he said. He said there were some similarities, but I can tell you about some differences. So first of all, in the dot-com bubble, the Internet was new, there weren't companies that were huge and integrated into this new technology in the way we are now, and so some of the biggest investment in AI is Meta, Google, like Microsoft, these companies that are so big and so profitable and so established, even if AI just like stopped being a thing tomorrow, they're not going anywhere. So it's a totally different economic business landscape than it was in 2000. Sure, there are some similarities. There was internet hype. Now there's AI hype. Yeah, you could draw them, but a lot of the AI investment is in these mega companies that are so well-resourced that it's very unlikely that we'll see, like an entire bubble and all these there will, for sure, be AI companies that don't do well, but it's a totally different situation in a lot of ways. So that's a good example of, like, how things can be skewed to scare people.Lesley Logan 25:36  Yeah, and I think I love you brought that up because I remember one of the one of my old business coaches, he had mentioned something was probably, it was a podcast, probably during the pandemic when we were all kind of worried. But it might have been a little after, to be honest. So I'm not going to get the dates correct on this, but he mentioned, you know, people are worried about a recession right now. And let me, let me, it must have been two years into the pandemic, because I'm now thinking, remember, I was driving to Vegas, but he said, let's just look at what the recession was in 2008 and when we knew we're in a recession, and actually how quickly we actually started to get out of it. And so, like, the, it's about the and you can correct me if I'm wrong, Tess, but it's like, you have two quarters in a row where things are declining, and then it's like, okay, the economy is retracting, and this is going on. By the time we were actually going up, it had been like another quarter was a little bit but like, things started to turn around. Now, it took a long time for people to feel that turning around, of course, he said. But the other thing we have to know is today, people's incomes are a bit more diversified as well. Not everyone is working for the same big companies. A lot of people have their own businesses. We have people who have a bit more ability to, Oh, this isn't making any money over here. I can make money over here. Not to say that we are, we all can't be hurt by this. But something that I remind myself of is like I am at the time of of 2008 I was only teaching people private one on one sessions in-person today where I'm at I have in-person stuff. I've got retreat stuff. I've got this online thing over here. Now can things retract? Absolutely, but one of those things might actually be more in demand, and I can lean more over there. And so I do think that we can take some emotions out of it and start to go we are all in a different place than we were, because we've learned from different things, and maybe we have to just start to keep in mind, like, what the people writing the headlines want us to do, which is react and have emotion because they because they have to sell ads so they can stay alive. Tess Waresmith 27:34  Yeah, totally. It's, that is a fantastic point and really important to remember, especially for business owners. And then the other thing I would say is, like controlling what we can control, like you just gave us a great example of what we can control. We can control our businesses. We can create new streams of revenue. You know, I love this quote that's like, there's never a lack of resources, only a lack of resource for people like the amount of like free information on the internet that you can find to help you create stuff, make money. It's out there. The other thing we can control is making sure that during these times we're not going into debt. So just making sure you're not spending more than you make that is a super simple tip to survive any kind of recession or stock market crash. And then the other thing I'll say is to look at it as, and this is harder, because it's counterintuitive, but as a massive opportunity. There are a lot of people that became very wealthy after 2008 because they saw the stock market crash and they went, Well, shit, this whole thing is on sale. I am going to invest as much as I possibly can, and as the market recovered, they saw phenomenal returns over the next five years or so. So that's another reason why this education and conversations like this are so valuable, is because, yes, it happens, yes it sucks, it doesn't feel good, but it's also a massive opportunity, if we understand that this goes in cycles, so just another, another way to frame it that's hopefully a little helpful.Lesley Logan 29:05  Yeah, I know that's like, I mean, that's the thing that I don't think enough people understand, because no one talks about it, right? No one talks about, like, after the Great Depression, who got really, really rich from that, and how they did it. No one talks about how after the dot-com even then there was, like, there was different people do benefit, and we do swing back up. And I think we tend to, maybe it's because of how our brains are wired. We look at, we look for the negative, and then we we live in fear, and then we do things based off fear, as opposed to, like, getting on top of the mountain and having a bigger perspective and understanding, like, what is going on and what, what, you said it the best, what can we control? And we can't control. I we can't we cannot control the stock market, unfortunately. We don't have that power yet, maybe, but we can control, like, how we prepare ourselves. And I think that's really, I think that's really key. So you talked about the different buckets you talked about, so preparing ourselves. As it would be as just to reiterate it, just make sure I heard them all, you know, not spending more than we have, so easy, making sure we have a bit more cash on hand, not just to weather any storms, but also sounds like so we can, like, take part of the garage sale that's gonna happen and then diversifying what we are invested in, so it's not all in one area and things like that. I guess I would also say, like, what would your wish be for every woman listening about their level of educating themselves on investments and money? Like, is this something they have to do weekly, daily? Can they do a crash course? Like, how much should they be thinking about this? Because I'm sure they're also thinking, okay, guys, on top of this, I have to think, you know, because, there is a lot going on. There's there's the worry that they have about the people down the street who aren't making enough. There's the the political stuff that's going on. There's a lot that they have to educate themselves on. Like, how much should they be thinking about this?Tess Waresmith 30:52  Yeah, it's such a great question. I'm gonna say it's less than you think once you get a basic education. So I would say the level of information that you should have about investing and the stock market and retirement accounts is roughly the same as getting your driver's license and learning the rules of the road and how to stop at stoplights, please, hopefully you're doing that, and how to put gas in your car, right? Like, like basics, right? Like, when you learn to drive, at first it was hard. You had to practice a little bit, but then you have it, and it's not going anywhere. That is the level of understanding that you have to have about finances in the stock market. So some things you should know are all the things we talk about, your personal cash flow, how money comes in and out of your life, what accounts you can use to build wealth. There's accounts that help you save on taxes, like 401(K)s and IRAs and ones that are just flexible regular accounts, both are great for different reasons. And then you should also know the basics of how to choose investments inside those accounts. And the type of investments that I think everyone should understand the basics of are not the kind of things that you have to go in and tweak every single week. In fact, the best type of investing is investing in funds that hold hundreds or thousands of stocks so these are usually index funds or index ETFs, exchange traded funds. This is just jargon for investments that hold a bunch of different stocks at once. And if you can learn that, and you can learn how to select ones that represent the market, the average return of the market over time is roughly 10% so even if you invest in the most simple way, and you just buy a fund that holds all the stocks that are publicly traded, you could, based on historical data, get the average return of the market at 10% that is like the minimum. That's what you have to learn. And that takes, like, weeks, not months, years, not a finance PhD. It takes you deciding that this matters and deciding that you want to retire comfortably, you want to have the flexibility to pivot, start a new business, do whatever you want, travel to Bali, Cambodia, whatever, like, that's why this matters. It's investing doesn't matter because of investing. It matters because of all those other awesome things you get to do with your life. So I would say, if you dedicated, like, and don't tell me you don't have enough time because you do like, like, half an hour on a Saturday morning, if you like, pick something and you watch some YouTube videos on it, it could change your life in like two or three months. So that's like, high level. I think people think it's going to be way harder than it actually is to learn the basics. And then once you've set up your system where you have money coming in from your business or job, some of that money might go to debt. Some of it goes to your savings some of it goes to your investing accounts. Guess what? All of that can be automated. You can just have an automatic transfer to your Roth IRA that goes directly into a simple fund that holds a bunch of stocks. You can automatically pay off your debt. You can automatically add a little bit more to your high yield savings accounts. Once you set up that system, the maintenance is negligible. There are accounts that I have not touched in over a year, and they're doing fine. Is there a point, at some point when you build more wealth that you might want to talk to somebody get some strategy for sure, of course, but if you understand the basics of what I just explained, which, again, takes weeks, not months, hours, not years. Once you learn the basics, then what you can do is find the right kind of help that's not going to screw you over with a bunch of hidden fees. You understand how the system works, so you can get help that's effective and not hemorrhaging money from your investing accounts, which is a very common problem I see all the time. So that's what I would say. I would say it's less hard than you think, reading two books and taking a course, setting aside time to watch some YouTube videos like being diligent in that way can honestly change your life so much faster than you think. The hardest part is deciding that this matters and then making a commitment to learn. That's the hardest part, actually, learning, it's not that hard.Lesley Logan 35:03  Oh, I love that so much. Okay, something that you do that I want to highlight real quick before, I mean, we could talk forever, but you are aunt. I'm an aunt. You do something epic for your niece, correct? Tess Waresmith 35:13  Yes. Lesley Logan 35:14  Can we, like, should we? Can we talk a little about, like, setting things up for, like, the shares? Tess Waresmith 35:19  Sure. Yeah, yeah. So one of the great math I'm going to say the best mathematical equation on the planet is compound interest, right? So that's why we're investing, because we invest a little bit, it grows and then we get that same return on that money, and then it just continues to grow and grow, right? That's the snowball effect of investing. That's why we're doing it. So if you start investing when somebody's young, or investing for a kid when they're young, the amount of money it takes to completely change their life is so much smaller than you think. So my niece was born this year, so she's zero. I'm not a parent. That's how you know I'm not a parent. I just said zero. Lesley Logan 36:04  It's all right, you didn't say it. So that's good. But yes, I know it's true. And then they talk in months for a long time, and I'm like, you know, we got to get to a year, and then I would be great. Tess Waresmith 36:14  Yeah. So let's say I already told you the average return of the stock market is 10% if I invest for my niece, little little Frida, not it. Little Frida like 100 bucks a month until she's 18, she will have roughly $54,000 given the average return of the stock market. Nothing like crazy, just the average return of the stock market. So that's pretty good, right? But what we don't remember is what happens after that, like, if she just leaves that account alone. So let's say I contribute $100 until she's 18 into an account. It could be a tax advantaged account. There are education accounts, but let's just say it's like a regular investing account, and I contribute that amount, and she's got $54,000 by the time she's 18. What I'm going to tell little Frida is girl just like, leave it there, make your own money, do whatever you want and leave it there for 30 years. Because if you do that, she's going to have roughly a million dollars in 30 years. And I contributed roughly, I don't know, whatever 100 like, month for. Lesley Logan 37:21  I would just say about $18,000 but maybe a little more, because it's 12, there's 12 months in a year. Tess Waresmith 37:24  Yeah, yeah, not a lot. The whole point is not a lot. Lesley Logan 37:27  Yeah, yeah.Tess Waresmith 37:28  So that's like, that's insane to imagine, right? $100 for 18, $100 a month for 18 years, and then it just sits that $54,000 just sits for 30 years. Lesley Logan 37:39  No added money. Tess Waresmith 37:40  She's, no added money. She's a guaranteed millionaire. I don't even have to support her in retirement. I already did. So so like that is, that is the power of compound interest. And I will say also, I'm glad she brought that up, because if you need a motivator to learn this, and you're a parent or you have nieces, this has to be your motivator. Because even if you're not in a place where you can invest $100 a month for your kid. No shame in that. What is so much more valuable than doing what I just told you is learning the basics for yourself, learning how to put on your own mask first, before assisting others so that you can teach your own little Frida the basics of what I just taught you, because if they learn how to do it, and they're contributing 50 bucks a month, 100 bucks a month, they're also going to be a millionaire in retirement. Tess Waresmith 38:03  Yeah, yeah. Love you so much. Okay, we're going to take a brief break and then find out how people can work with you, because I'm sure that's where they're at. They're like, I don't need a random YouTube person. I need you. Tess Waresmith 38:18  Sounds good. Lesley Logan 38:18  All right, Tess, where do you hang out? Where can they stalk you in the best way? Because you're gonna teach them all the ways and where and do you have courses? Do you have anything that they can work with you on? Tess Waresmith 38:48  Yes, absolutely. So I hang out on Instagram a lot @wealthwithtess is my Instagram handle, so follow me there. I also think if this conversation was helpful, I highly recommend that you grab my free investing guide. It has a ton of information of what we just talked about today, and it's going to help you, step by step, start thinking through this process of how to organize your money and start investing. And there's some great examples in there. So that is free, and that's at wealthwithtess.com/savvy S-A-V-V-Y wealthwithtess.com/savvy there's a free investing guide there. Honestly, I'd start there. That's a great place to get information. And then I'm always offering free workshops and opportunities to learn, and I share those so once you download that, you'll get on my email list. And I share information weekly and try to help you stay calm during the AI bubble madness that we're in. Lesley Logan 39:39  I feel so calm, you're like a cortisol little like control objection. You you know the drill. We have the bold, executable, intrinsic, targeted steps people can take to Be It Till They See It. What do you have to add to the amazing advice you've already given us?Tess Waresmith 39:53  I might have said this last time, but I'm gonna say it again. No one cares about your money more than you do. They just don't. So if you care about your money. What you're going to do after this is you're going to go into the show notes, download that free guide and spend 20 minutes reading it, and you're then you're going to pick a next step. That's what you got to do. You got to take action. You can't just listen to people talk about money. You got to do something with what you're learning. Lesley Logan 40:13  Yeah, I love that so much, because I do think people like, okay, check, thought about my money, right? And also like, then take an action that goes along with it. You're epic. I love you so much. I can't wait. We'll have to just make this, like, figure out a way to, like, an annual wealth with Tess, tell us how we're doing. Tell us what's up. You guys, what are you going to do with these tips in your life? Wealth with Tess, wants to know. I want to know so and also share this with all your friends. Because I actually do think when the biggest, this is a little tangent side story, but years ago, when I lived in LA those was so many emails were hacked, and what a lot of female actresses learned is they're making very little money compared to their male counterparts. And one of the things that came out of that is, well, women don't talk about how much they make enough. They don't talk about money enough. And I do think that if our friendships could go deeper into those ways. And it's not a flashy thing. It's an actual thing that allows us to educate ourselves of how much we can make in different areas. There would be less of a wealth gap. There would be more information, because we just don't know how much people are making at different places. And so make this be the start of the conversation about money with your friends, so you can have deeper, wealthier relationships. And until next time, Be It Till You See It. Lesley Logan 41:22  That's all I got for this episode of the Be It Till You See It Podcast. One thing that would help both myself and future listeners is for you to rate the show and leave a review and follow or subscribe for free wherever you listen to your podcast. Also, make sure to introduce yourself over at the Be It Pod on Instagram. I would love to know more about you. Share this episode with whoever you think needs to hear it. Help us and others Be It Till You See It. Have an awesome day. Be It Till You See It is a production of The Bloom Podcast Network. If you want to leave us a message or a question that we might read on another episode, you can text us at +1-310-905-5534 or send a DM on Instagram @BeItPod.Brad Crowell 42:05  It's written, filmed, and recorded by your host, Lesley Logan, and me, Brad Crowell.Lesley Logan 42:10  It is transcribed, produced and edited by the epic team at Disenyo.co.Brad Crowell 42:14  Our theme music is by Ali at Apex Production Music and our branding by designer and artist, Gianfranco Cioffi.Lesley Logan 42:21  Special thanks to Melissa Solomon for creating our visuals.Brad Crowell 42:24  Also to Angelina Herico for adding all of our content to our website. And finally to Meridith Root for keeping us all on point and on time.Support this podcast at — https://redcircle.com/be-it-till-you-see-it/donationsAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

If you watched President Trump's recent State of the Union address, you probably heard about the new Trump accounts, also known as 530A accounts. In this episode, I break down how these tax-advantaged investment accounts are designed to work, who qualifies, and—just as importantly, what we still don't know. There's been a lot of excitement, especially around the $1,000 seed money for eligible children. But before you rush to open one, there are several unanswered questions that deserve your attention.   What Are Trump Accounts—and Who Qualifies? Trump accounts were introduced under the 2025 "Big Beautiful Bill Act" and are designed to help U.S. children build long-term wealth. Parents, grandparents, and others can contribute up to $5,000 per year per child until age 18. To jumpstart participation, children born between January 1, 2025, and December 31, 2028, are eligible for a $1,000 federal seed contribution. Unlike a Roth IRA, these accounts do not require earned income to contribute. That's a major difference. Most children can't fund retirement accounts because they don't have income. These accounts are meant to give them a head start from birth. To qualify, a child must be a U.S. citizen, have a valid Social Security number, and be under age 18. Parents can apply either by filing IRS Form 4547 with their 2025 tax return or by visiting trumpaccounts.gov.   You'll Want to Hear This Episode If You're Interested In… [01:00] How the $5,000 annual contribution limit works [01:45] Why these accounts don't require earned income [02:35] How to open an account through your tax return or online [03:00] The upcoming authentication process in May 2026 [03:40] Whether you can invest in individual stocks like Nvidia or Tesla [04:30] Why Treasury guidance suggests broad index funds instead [05:10] Whether billions in seed money could move the stock market [06:00] Which financial institutions may (or may not) offer these accounts [07:45] Potential gift tax filing requirements for contributions [08:45] How withdrawals at age 18 might be taxed   The Investment Confusion and Market Impact One of the biggest points of confusion right now is how the funds will actually be invested. The Trump accounts website shows mockups featuring individual stocks like Nvidia, Caterpillar, Home Depot, and Tesla. That certainly grabs attention. But Treasury guidance suggests investments may be limited to broad U.S. equity index funds or mutual funds, not individual stocks. If that holds true, I actually think that may benefit most investors. Broad-based index funds have historically outperformed many individual stock pickers over time. But it's important to understand what you're signing up for before you contribute. Another question I address is whether these accounts could meaningfully impact the stock market. With over 3 million sign-ups already, the initial $1,000 seed funding could total more than $3 billion. Add in private contributions and potential employer matches, and that number could grow to $7–8 billion invested when markets reopen after July 4. That sounds significant, but compared to total daily trading volume, it's less than 2%. It may provide a small positive impact, but it's unlikely to cause a dramatic market surge.   Taxes, Custodians, and the Big Unknown at Age 18 There are still major tax questions. Because contributions are considered gifts and the child doesn't have immediate access to the funds, this could create gift tax reporting complications. Even if contributions fall under the $19,000 annual exclusion (for 2026), a gift tax return may still be required due to the lack of "present interest." Then there's the big question: how will withdrawals be taxed at age 18? There's no upfront deduction for contributions, which means this isn't structured like a traditional IRA. But it's also not clearly a Roth. My expectation is that only the gains will be taxed, but we don't yet know whether that will be ordinary income or capital gains. Until we get final guidance, I strongly believe record-keeping will be critical. Track contributions carefully. If custodians change or records are lost, your child could face unnecessary tax complications later. For now, here's what we do know: if your child, or a grandchild, niece, or nephew, qualifies for the $1,000 seed money, make sure the account gets opened. Even with unanswered questions, that initial funding is meaningful.   Resources Mentioned TrumpAccounts.gov RetireWithRyan.com Retirement Readiness on Demand Discount Code: RETIRE99 Connect With Ryan Subscribe to the Retire With Ryan YouTube Channel Download my entire book for FREE

0:00-1:00 - Show Intro1:00-9:00 - Emailer's neighbors smoke in hallway9:00-15:00 - Amber wants to get a sauna7415:00-23:00 - Looks maxxing gains online trend23:00-31:00 Most annoying things people can do in your car31:00-39:00 - Ladies who trashed Wendy's drive-thru have been charged39:00-42:00 - Monkey story42:00-46:00 - Guy doing laundry for homeless people46:00-50:00 - Dog poop bomb bandits50:00-55:00 - Man reunited with missing dogs55:00-60:00 - SCUBA divers proposed on ocean floor1:00:00-1:04:00 - Update on Lisa's recover1:04:00-1:06:00 - Golfer falls down elevator shaft1:06:00-1:09:00 - NFL team report cards1:09:00-1:15:00 - Jim Carrey looks different1:15:00-1:18:00 - Catherine O'Hara award acceptance speech by Seth Rogen1:18:00-1:20:00 - Savannah Guthrie returns to NYC1:20:00-1:27:00 - Shia LaBeouf arrested1:27:00-1:31:00 - Scream 7 Box Office1:31:00-1:42:00 - Public urinator in Detroit1:42:00-1:44:00 - Guy hits McDonald's worker in the face with frappe 1:44:00-1:56:00 - Guy fakes overtime while hanging with GF who's also his boss1:56:00-2:00:00 - News anchors go at it on air2:00:00-2:04:00 - Anime shop robbed2:04:00-2:14:00 - Customer service line speaks with Spanish accent2:14:00-2:24:00 - Man with world's smallest penis does interview2:24:00-2:29:00 - Hot air balloon crashes into radio tower2:29:00-2:31:00 - Guy gouges out eyeballs and deemed competent to stand trial2:31:00-2:35:00 - Tesla driver asleep at the wheel2:35:00-2:40:00 - Ranch-flavored milkshake at The Great Wolf Lodge2:40:00-2:47:00 - Gambler teaches people to surf2:47:00-2:50:00 – Utility truck rolled over and driver rescued2:50:00-2:57:00 – Family built igloo in yard but city wanted a permit2:57:00-3:00:00 – Baby born with 2 different colored eyes3:00:00-3:03:00 – Wellness trend where people are seasoning their kids with salt3:03:00-3:05:00 – Couple gets married on frozen Lake Erie3:05:00-End – Investigation into bike theft uncovers much larger crimeSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Keith breaks down where the U.S. housing market appears to be headed and which regions and states are quietly winning or losing in the population shuffle since 2020—and what that could mean for real estate investors.  You'll also hear about an intriguing cash-flow play in single-family rentals in select Southern markets. Then, Keith is joined by financial strategist and comedian Garrett Gunderson, who challenges the usual "scrimp and save" advice. Together, they explore how to build real wealth without sacrificing your life today, how high-net-worth individuals often get money wrong, and a different way to think about financial independence, freedom, and investing in yourself. Resources: Get Garrett Gunderson's Killing Sacred Cows audiobook free: DM @GarrettBGunderson on Instagram with the words "Keith Cows." Episode Page: GetRichEducation.com/595 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search "how to leave an Apple Podcasts review"  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— GREletter.com  Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Keith Weinhold  0:01   Keith, welcome to GRE. I'm your host. Keith Weinhold, is the future direction of the housing market trending up or trending down? Which states have seen the most population growth? Then powerful wealth mindset tactics with a financial comedian today on get rich education   Speaker 1  0:20   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, and delivers a new show every week since 2014 there's been millions of listener downloads and 188 world nations. He has a list show guests and keep top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Keith Weinhold  1:04   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally. While it's on your mind, start at Ridge lending group.com that's Ridge lending group.com   Speaker 2  1:38   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:54   Welcome to GRE from Mount Rainier to Mount Rushmore and across 188 nations worldwide. I'm Keith Weinhold, and this is get rich education. I am not a Lambo driving influencer that will take any brand deal just to shill a gambling platform instead. Our core strategy at GRE is aging. Well, I've spoken with a lot of LP investors with capital calls and deals that lost all their money. Well, we approach wealth building with discipline and consistency. It doesn't sound dazzling, but it really shines when things go wrong elsewhere, because at least for the core of our portfolios, we get long term fixed rate debt for income property get paid five ways and win the inflation triple crown, and we do it all with a high degree of passivity. Right before I took the mic today, I got a two sentence email from a property manager that said an air conditioning unit's air handler board had to be replaced for $420 I don't even know what an air handler board really is. Now, the manager sent some photos in a written estimate. I quickly checked chat GPT, and I saw that the price was about right, and replied to my manager to go ahead and have that done. That's it an example of relative passivity. US residential real estate has nominally appreciated over every single 10 year period in modern history, despite some occasional short term downturns, even those are not common. Well, we recently had a guest mention that it's 20 years at the longest like 20 years or less is the period of time between which real estate never goes down. He was right. But you actually can't find any 10 year period where home values fell. What about the 2008 global financial crisis, I think that's the first place that the mind goes. Well back then, home values bottomed out at 208k in 2009 before they started growing again. And 10 years before that, the median price it was 157k in 1999 so even when home values hit their GFC low at that point, they were still up 32% from the previous 10 years. So you can confidently say then that over any 10 year period, home prices are up nationally. Now, how about the future? Well, for the future, there is more evidence of rising home prices. Building permits for new homes have fallen to their lowest level since 2019 that's according to the census bureau. So fewer single family homes are being built. Now we plan to discuss that more on. Next week show when we dive deep on does America really have a housing shortage? But this week, more reasons for future home price bullishness is that the labor market now, it's not doing that great. It sure isn't white hot, but unemployment, which was already low, that recently dropped a touch lower to just 4.3% inflation has fallen to 2.4% and wages are rising faster than that. In fact, our own Fed Chair recently remarked at how he's surprised at the strength of the economy. The property market analytics firm kotality, they now expect home prices to appreciate another four and a half percent this year. They and other firms continue to believe that the Midwest will be the hottest area of home price growth even more than that four and a half percent in that region. That is because not only is the Midwest underbuilt, it's that the prices are so affordable that it's attracting young people. The other factor is that mortgage rates recently dipped just below six into the high fives again, and that can release this pent up housing demand, and think about where we've come from. In late 2023 mortgage rates were about 8% and now lower mortgage rates also reduce the lock in effect, so it can create both more sellers and more buyers. The thing to remember is that 70% to 80% of home sellers are also home buyers because they've got to live somewhere. And first time homebuyers, of course, they buy only, they don't sell anything. In fact, former GRE guest in housing wire lead analyst Logan modeshami and Barry Habib were just positing on this at housing wire's latest summit on how the volume of home sales has been depressed for so long that lower rates could very well trigger a rush of buyers, these kind of people that have been delaying purchasing for years, this pent up housing demand being released if indeed rates go lower. People think they know the future, but we don't really know that that's going to happen for sure. But a lot of optimism about this phase of the housing market supported by not great, but decent economic conditions. Of course, that new housing demand is going to manifest unevenly across the nation. So let's talk about the places that have seen the most population growth from 2020 to today, basically the states that support that housing demand. Well, between 2020 and today, the US has grown by about 10 million people. That's over 3% nearly every state grew. But the bigger story is where that growth is happening. And really, here's the jaw dropper as a region, the South, gained more people than all of the other regions combined, about 7.6 million new residents in the south since 2020 the South's population is up 6% the West's almost 2% the Midwest population is up more than 1% and The Northeast up seven tenths of 1% again, this is not per year. This is total population growth from 2020 to today, Florida and Texas, they led the nation among the big states, both up almost 9% sprinting like they just found out that income tax is optional. The Carolinas in Tennessee are big southern growers too. People clearly keep moving toward warmer weather, a lower cost of living, lower taxes and job markets. Nothing new there. California in New York are the biggest losers in absolute numbers, California losing half of 1% of population in New York, a full 1% people keep moving away from these traditionally expensive, high tax coastal states like a buffet when the crab legs run out, people just getting up and leaving. That's not any sort of news story there, either. These trends help cash flow residential real estate investors like us, because the south aligns with that favorable landlord tenant law and those high ratios of rent income to purchase price. Luckily for us, that's where people are moving too. The Midwest has those phenomena as well, although their growth has been slower.    Keith Weinhold  9:39   Now a few Midwest highlights for you. Since 2020 the population of Indiana is up 2.8% quietly benefiting from Illinois. Escape Velocity, Missouri up almost 2% and that's growing mostly in Kansas City and St Louis suburbs. Ohio at almost 1% that's pretty modest growth overall, but Columbus up 5% that is flexing like it just landed a semiconductor plant there in Columbus, the intermountain west has bicep bulging growth, but it rarely works for us, because rents are only a little higher, but property prices are way higher. Yes, those pretty Rocky Mountain states, great Instagram, tough cash flow now Louisiana, it is a state that confounds people. It's a warm place, and it has a low cost of living, you would think Louisiana would be attracting people in droves for those reasons. Well, then why is its population following Louisiana down nine tenths of 1% since 2020 Well, you've got bleak job prospects that make Louisianans leave its tax competitiveness ranks 31st property insurance costs are high thanks to environmental risk. Louisiana has more swamps than beaches. Even the NFL saints were six and 11, and if they had made the playoffs, that wouldn't have made people move back. And hey, no personal shade here, I enjoy going to the New Orleans investment conference in Cajun culture, in Airboat Tours through the alligator filled Bayou, fun stuff, but for income producing property, you got to seek out different characteristics than just vacation Glee or how Good the gumbo tastes keep emotion separate from investing, Hawaii is America's biggest percentage loser. Its population is down one and a half percent since 2020 its cost of living is stratospherically high, with a median home value of just a little over a million dollars. That results in net outmigration to the mainland parts of the Aloha state now experience natural decrease. That means that deaths exceed births. Natural decrease. That's mostly a phenomenon on the Big Island. That's not where Honolulu is. That's where you have Kona and Hilo when young people can't afford to stay demographic gravity kicks in population loss. Hawaii is also highly dependent on tourism, meaning more volatility in recessions. It has contractor availability issues and higher repair costs, partly due to shipping materials to the remote islands. What about the upsides of Hawaiian real estate? Well, you're just going to have this inherent, strong, long term land scarcity and lifestyle desirability overall. Hawaii isn't bad. It's just hard. And I like Hawaii as a place to vacation, so the best times in my life were in Hawaii. Now, with all this said, These are broad generalities about states which are big places themselves right now. There are certainly Missouri real estate investors listening to me that are actually losing, and Hawaii real estate investors that are winning, and even cash flow positive. I'm talking general trends here, and this is with respect to long term rentals, not short term rentals. If your rent to price ratio is as low as point three or point four, like it often is near the coasts, well then you are speculating on appreciation. That's what that means. All 50 states have opportunity. All 50 states have no go zones. People keep moving south. That's a trend that the pandemic accelerated six years ago. More opportunity is concentrated there. That's got nothing to do with vacation excitement. That is population math, and I'm talking about swimming with the tide here in our Don't quit your Daydream newsletter I recently sent you that colorful population change map that I was describing some of there. More recently, I also emailed you that great and rare map of landlord friendly versus tenant friendly states mapped out and a lot of other great stuff.    Keith Weinhold  14:17   Before we bring in our firebrand guest, Garrett Gunderson, I just learned about a really strong opportunity for a provider of single family rentals and duplexes in Memphis and Little Rock. They're providing a locked in 5% interest rate and 5% property management for five years. Yeah, that's not a throwback to 2020 it's what mid south homebuyers calls their triple five program. They are the oldest and most trusted, maybe turnkey investment provider in the country, operating since 2002 and what they do is they offer these fully renovated, occupied rental properties in Memphis and Little Rock, two of the strongest cash flow markets in the South. With financing and management and rates that make the math work like it hasn't in years. So again, 5% interest, 5% property management fees for a full five years. You know those markets, they already had these investor advantage numbers with rent to price ratios mere point eight in Memphis and Little Rock. But yeah, that low 5% mortgage rate, even for renovated properties, not just new build. That's the kind of spread that turns a good deal into a great one. So to give you an idea, if you get a 30 year fixed rate mortgage loan amount of 125k with a 7% mortgage rate, your principal and interest payment is 832, at a 5% rate, it's just 671, so that's $160 more cash flow right there, and it's made a tad sweetener than that with just a 5% Property Management rate. And I don't know how long that offer is going to last, but it is available now and for the next little while, you can ask about it. When you visit mid southhomebuyers.com that's mid southhomebuyers.com and you can ask them about their triple five program. More next. I'm Keith Weinhold. You're listening to Episode 595, of get rich education.    Keith Weinhold  16:19   Flock homes helps you retire from real estate and landlording, whether it's one problem property or your whole portfolio, through a 721 exchange, deferring your capital gains tax and depreciation recapture, it's a strategy long used by the ultra wealthy. Now Mom and Pop landlords can 721, the residential real estate request your initial valuation, see if your properties qualify@flockhomes.com slash GRE, that's F, l, O, C, K, homes.com/gre. You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products, they've got workshops, webinars and seminars designed to educate you before you invest start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom family investments.com/gre, or send a text. Now it's 1-937-795-8989 Yep. Text their freedom coach directly. Again, 1-937-795-8989,   Dani-Lynn Robison  18:08   this is freedom family investments. Co founder, Danny Lynn Robinson, listen to get rich education with Keith Weinhold, and don't quit your Daydream. You Brenda.   Keith Weinhold  18:24   Today's guest is someone that America knows as the long haired, bearded money guy in the past, he's drawn physical appearance comparisons to Jesus Christ. He's a prominent financial strategist. Founded an eight figure company, hit the Inc 500 he's both a New York Times and Wall Street Journal bestselling author. He is just an electric speaker, including appearances in front of dozens of billionaires. And he's just got this great way of speaking to financial freedom that hits you differently. He even has a comedy special that's great to welcome back to the show. Garrett Gunderson,   Garrett Gunderson  19:02   that's good to be back. Man. Is really good. Love your energy. Has a nice intro.   Keith Weinhold  19:07   Well, you give a lot of like, nice guidance to people that's somewhat different than they're used to hearing. You know, Garrett, I think a lot of the conventional guidance is, you know, it's not very far above Elementary School advice like, put your credit card in the freezer so you don't use it too often, but a lot of times you speak to either business owners or people that have already had some success, and I think a lot of your underlying mantra is, hey, you better live your best life now   Garrett Gunderson  19:35   I kind of feel like you are your greatest asset, and if you starve out that asset because you don't feed it with knowledge, or you don't invest in yourself, or you don't gain the skills that really matter because you're so addicted to scrimping and sacrificing and building your balance sheet right, trying to build savings accounts and retirement plans and doing all you can to pay off that mortgage. Yeah, you could become a millionaire on paper. But will you live like one? Will you enjoy your. Life. What about all the memories that you miss along the way? What about having quality of life today and creating a life you don't want to retire from? The wealthy people, they didn't get that way because they shrunk their way there. They didn't get that way because they were amazing budgeters. They built businesses. They created value. They learned how to, you know, sell or speak or market or have business acumen that grow business or to hire people, and having those systems that actually impact more people or more deeply impact the people that they serve, because it's about value creation and their value creators. And I think this notion of just thinking, Oh, I could just trade time for money and set money aside. Man, that's a really painful way to get to a million dollars, but Northwestern Mutual, they just put out an article that said, 32 or 34% of millionaires don't feel wealthy, because if you have money tied up in an account that isn't kicking off cash flow, it doesn't feel like wealth. You can't spend that net worth. It's just a statement if you don't learn how to create cash flow. And I love financial independence, where people have cash flow from assets to cover their expenses now their lifestyle is covered from that cash flow. Now they can reinvest every active dollar into themselves and their quality of life, into more cash flowing assets, into taking trips along the way, not just waiting until they're too old to enjoy it.   Keith Weinhold  21:13   You work with business owners all the time, and you've even worked with some ultra high net worth people that still seemed to scrimp and save. Do you think really, what is that the function of? Is it more of the wrong mindset or the wrong tactics when someone acts that way?   Garrett Gunderson  21:32   It's a mindset that's really kind of handed down to them? Yeah, maybe from their parents or grandparents or from a different era, like there's people that were, you know, in the Great Depression, that then tells stories to their family about how tough it was, and you never know when that money could go away. So you got to hold tight, and it's a scarcity mindset. So one of the wealthiest clients I ever had, I mean, this was a guy who he was worth a lot of money, but you would never know it. I saw him on TV one day. I was like, Dude, he needs new clothes, and we found a strategy to save him a bunch of money. He was just buying his inventory with cash or like, let's buy it on a plum card, and you'll get cash back. I just said, Just take 10% of that cash back, which was over $100,000 a month, and spend it on yourself. He's like, Well, I wouldn't know to spend it on I'm like, Well, how about some new clothes to start with? He's like, Okay. And then the next month, he bought a nest system for his house. The next month he bought a sound system. Eventually, saved up enough money to buy a Tesla, which he really wanted, like it was money that was there for him, but it changed his entire paradigm, because now he had a quality of life. He was very philanthropic and donated money. He built massive businesses, but he never treated himself well. He'd never felt like it was okay to spend that money because of his upbringing, because the way that his parents viewed money and the way that their parents viewed money, and it was always something that felt scarce. So it felt like, okay, will this go away? And the reality was, we just found money in your couch cushions, essentially. So why not enjoy it along the way? He eventually bought a home that he loved on the water, that he loves the garden. I mean, it was like a total transformation with that one simple thing to help him heal his relationship with money, overcome scarcity, because he was already highly productive. He just had to break free from this budgetary mindset.   Keith Weinhold  23:09   That's great. It was almost like, Dude, I can see it in you. Before we even talk. You got that code off the rack at Burlington. I swear you can do better than this. Come on, now   Garrett Gunderson  23:17    30 years ago, 30 years ago too. You know, it doesn't even fit anymore.   Keith Weinhold  23:23   Well, you know, I recently dedicated a complete episode Garrett to the way I put it is that the risk of delayed gratification is denied gratification. Now, there are some good things to be said for delayed gratification, I think, especially when you're younger, or you're just starting out in the working world, and you just tried to cover rent for your apartment and you don't have much else. Delaying some gratification is good. You need to form capital. You need to get liquid. I try to avoid saying stacking savings, because that gets people in the mindset of becoming super savers sometimes, and they miss out on returns. But what I mean about the risk of delayed gratification, being denied gratification, if it's taken too great of an extent, is, you know, I'm talking about the guy where, when he was 24 he used to say, Oh, I'm going to visit the Galapagos Islands someday. That's what I want to do. But you can just tell by the time you talk to the dude, when he's 48 he begins to use the past tense for things he wanted to do, for example, then he might start saying, Oh, well, I guess I never did visit the Galapagos Islands. You know, you can tell with people when they use the past tense, and that's when you know that their future is not bigger than their past, and a lot of that is the reflection of their financial status.   Garrett Gunderson  24:40   I got married at age 23 and the first two years, well, it was really like the first year and a half, maybe I was just such a miser. I gave my wife a $400 a month budget for an apartment, and we found out that there's places you don't want to live in Utah. I didn't know it, but she's like, is this what you want? And I was like, This doesn't feel like a safe neighborhood. And then you. Know, I was like, All right, maybe $600 I was still kind of really scarce. And my parents were like, Why don't you just live in our basement, rent free, and my wife's like, sex free. If you think that's where we're living, I'm gonna live in my parents basement, you know? Because I just thought money was something to save. So I saved me over 50% of my income. And a lot of people were like, that's amazing. Congratulations. Great job. And so I felt really good about it, and then I realized that my business wasn't growing as fast as this other person my age. I met him at an event, and a year later, he was doing better. And I was like, Dude, what's going on? I could hear it in your voice. I could hear like, you're just a different person. He goes, Oh, I'm doing two things. One, I just hired this guy, Steve D'Annunzio, and he changed my entire life. And I was like, I need to meet him. He's like, he happens to be here in Vegas. He's from Rochester. Introduced me. I hired him as my coach right away. I'm hearing all these people talk about strategic coach at the same event, and they had a booth. So I signed up for Strategic Coach, which meant I had to part with some of my money. Think it was $7,500 I hired Steve as a one on one mentor, and all of a sudden I was investing in myself, yeah. And I broke free from those chains of like, reduction and restriction into the game of production. And then I even had a situation where a woman called me out at the same event. This was a life changing event where she's like, I wonder what it's like living in a financial prison you built for your wife. It's like, Oh, see, that's what happened. I thought I was responsible, and building that responsibility that's actually building walls. And when I came home for that event, my wife and I started looking for our home. Within a few months, we found one. I bought a home. It was very easily within my means. I basically made as much as I paid for this house that we loved. We lived there for nine years. We built so many memories. You know, we had our two kids while we were there, I started host study groups, and that year, I grew my income by $170,000 with the coaching of strategic coach, Steve dnunzio And this woman, Nancy, calling me out. The next year, it grew by even more because the skills started to compound. I decided from that moment forward, I would spend at least $40,000 a year, which I might be able to reach for some people, but at least $40,000 a year on mentors. Is a guy named Alan. He writes my meal plans and my workouts, and I'm at 10% body fat because he knows exactly what they do. I do what he says. It was worth this $10,000 investment, because now I pay attention what I pay for, and I look at like if I'm my greatest asset, how can I create more energy? How can I create more value? How can I feel better about myself? How can I show up the very best version of I am, so I can deliver the most to the other people. And so I've always just been in amazing groups. I just got back from two different events in Beverly Hills around amazing people, learning incredible things that allow me to grow. I haven't spent a huge amount of money on a mentor last year to figure out something that I hadn't been able to figure out to this point. It's the same thing I did to become a speaker, to become a writer or even learn how to sell or market, you've got to invest in the skill, not just in the savings account. You grow yourself first, and then you grow your money. If you starve yourself out because you're in that miserly mindset, you're going to stunt your growth and never be fully fulfilled.   Keith Weinhold  27:56   You're your own best investment. And yes, this stuff is the varying definition of investing in yourself. Don't live below your means. Grow your means and all of that.   Garrett Gunderson  28:05   Grow your means and be more efficient within your means. I mean, the best way I know how to save is not overpay on tax, which 98% of business owners are doing that today. You know, don't overpay on interest, because you either restructure your loans, renegotiate your interest rates, reallocate underpouring funds to pay it off, or you remove investment drag. A lot of people have unnecessary fees and hidden commissions that drag on their investments. Or just design your insurance properly so it's more efficient. Those four i's, IRS, interest, investments and insurance show you how to keep more of what you make, take some of that money, build up your foundation so you have a peace of mind fund, so you have staying power, at least six months of liquidity and then invest more into yourself or learn how to create cash flow. This is the game the wealthy play. But the poor middle class, they think it's about paying off a mortgage and funding the retirement plan, and they will argue about it until it's too late, when they get there and now their homes paid off, but the property taxes are higher than their mortgage was 20 years ago, you know. Or they have home maintenance they have to take care of, or inflation has destroyed the value. Like if someone were to put away 100 grand and they wait for 30 years if they got 10% which the market did the last 30 years, if you reinvest dividends, they're going to have right around $1.7 million but if they have to pay 2% in fees, fiduciary fees, 12 b1 fees, which are marketing fees for the fund expense ratio, you know, the fees of maybe a retirement plan, and they now have 2% fees. It only goes to 1.1 million. Huge difference. And that 1.1 million if we account for inflation, even if we said inflation was low, like 2.7% over that 30 years. Well, by the time we pay for inflation and tax, guess what? The purchasing power value is like, 300 grand $300,000 that's a problem, and it's because they didn't learn to create cash flow. It's because they didn't learn to invest in themselves. It's because they relied completely on a market they don't control. I'm not saying the market is completely something to avoid. I'm saying we go in sequence. How do you grow your income for. First, then how do you keep more of the income you make with? You know, financial savvy and plugging leaks. Then learn to grow your money, but maybe growing your money. For some I like to think of like three dimensional assets, like real estate's three dimensional. It can grow in equity, it can create cash flow, and it has tax advantages. But my business is three dimensional, the more my business creates cash flow, without me, the more equity it has, and that business has major tax advantages. So most people are one dimensional, pay off a loan, put a money in retirement account. That's the poor, middle class. Wealthy people build a system where they've got three dimensional assets, equity, cash flow and tax savings. And that is a complete game changer, because then they can employ the buy borrowed I strategy, if you have assets like, you know, an individual stock, or if you have assets, like a piece of real estate or a business, you could borrow against it. There's no tax on that five for life, right? You keep refinancing. Or you can even do charitable trust to avoid the taxes upon the sell of those paying no tax when there's gains. Or you can pass it on to the next generation with a step up in basis, which means they get it at the full value and not have to pay the difference. And if you have life insurance, the life insurance will pay back the loan that tax free as well. So buy, borrow, die. I mean, it's a completely different thought process of defer taxes. If you defer taxes, I get it. You could do a Roth IRA or Roth 401. K Sure, that'll let you put after tax money in and grow it. But where's the cash flow? What's the underlying investment? How does it help you create financial independence? How does it help you does it help you grow your skills to become a better investor? We've been taught to be lazy, not that people are lazy. We've just been taught to be lazy with our money. We've been fed a narrative. I don't have the time, I don't have the skill, I don't have the interest, but I want to have it, so I just hand it over. And who do we hand it over to Keith Wall Street. Wall would you trust Wall Street? Like you flew to Frankfurt not long ago. Would you get on Wall Street airlines where they're like, hey, sometimes our planes go up, sometimes they go down. That would brand, and he'd feel inspired, right? Would you go to Wall Street, you know, hospital? Or like, hey, he lost one of your kidneys, and by loss, we stole it and resold it. You know, like, Wall Street doesn't have a brand. That's good. It's boiler room. It's Wolf of Wall Street. It's the movie Wall Street with Michael Douglas. You know, greed is good like yet that's what people put their money into. And you can go to any downtown and any major city, and guess who has the biggest buildings, insurance companies, banks and Wall Street investment companies. So you're taking the size of your home and shrinking it to build up their building and put money in their pocket. And their story is, it's because they're Ivy League, they're smart. They try to make it complicated, but you don't have to know most of the things you think you need to know about finance. The foundational things are important, how to protect your assets, how to design insurance, to transfer risk, how to have some liquidity, how to automate your savings. And then you focus like Warren Buffett would teach. He said, You know how people would become a better investor if they only had 20 investments they could make over their lifetime? He says, I don't diversify because I'm in the know. He's like, I'm a good businessman, therefore I'm a good investor and I'm a good investor because I'm a good businessman. I don't separate the two. Yeah, most people think he's a stock market investor. No, he buys out the companies in the stock market. Rarely does he have minority stakes in it. He does have some of that, maybe with Coca Cola and apple, but he bought a lot of companies outright, whether it was Geico, whether it was See's Candies, whether it was like he buys these companies, he's so far outperformed the stock market by billions of dollars from an index fund like what he has, versus someone that put the same money in an index fund, Warren has billions more from his investments than the person that put all their money in the index fund, even if it was the same amount. It's completely about strategy, not about luck.   Keith Weinhold  33:30   Yeah, it's the Andrew Carnegie, put all your eggs in one basket and then watch your basket. Yeah? Watch that basket like a hawk. Totally. Yeah. I mean, stacks mutual funds, they have what I call those five simultaneous drags. If you think you're getting a 10% long term return over time, subtract out inflation, emotion, taxes, fees and volatility. What do you have left? Not much. But there's no friction there. It is just the easiest thing to do ever since decades ago, 401 K contributions begin to become automated throughout your paycheck, sometimes even automatically, automated   Garrett Gunderson  34:04   values your permission opt out. It's easy. You have to opt out, right? It's Big Brother. You don't know what's best for you. And by the way, how crazy are four one K's. Part of the reason the market has gone up in value is because people consistently fund for one case, whether the market's going up or down, they're told $8 cost average. So that's artificially fueling the market. When we see the numbers, there's a buffet index, and it's like 2.9 times higher than what he's comfortable with, with the stock market, because of how overinflated the market is, partially due to inflation, partially because people put money in. But let's remember, why did 401, K's even come about? Because pensions failed. And by the way, these pensions failed and they had world class money managers managing these multi billion dollar pensions, but they didn't know about something called disinvesting, or didn't know enough about it. When the market goes down and pension money is owed, they still have to pull money out of the pension to pay the employee which disinvests, which pulls more money out of the account. So now instead of just being 10% down, they might be 17% down. And so even if the market comes back 10% it's 10% of only 83% of the money. So not even back to square one. And if it goes down a second year in a row, they're in real trouble. It starts to chip away at the principal, and they can't recover. And that happened to pensions, and they said, Oh, here, we can't handle these. We're going bankrupt. We're going to get rid of pensions. You take care of it. Well, guess what? Vanguard says, the average balance in a 401, k right now is $148,000 how someone's supposed to live on $148,000 even if you could get 10% that's $14,800 a year taxable, that's not going to do it. Even if you have a million dollars, where are you going to put the million dollars to get the return without risking it going down? Maybe you're going to be in treasuries at 5% that's $50,000 taxable per year. You're a millionaire on paper, but living poorly. That's why I'm here to call these things out. I think that my book Killing Sacred Cows, which was my original New York Times bestseller, which is probably how we met. Yeah, I rewrote it. I rewrote it, rereleased it in 2024 and I'll give people the audiobook. They just have to DM me on Instagram. Garrett B Gunderson and DM the word cows with Keith's name, cows and Keith or Keith and cows. I'll hook you up with the book for free, so you can learn about the nine financial myths. We're talking about some of them here, but there's also some comedy in there, so they can laugh after each chapter. I threw some comedy in there. You know, if you like my comedy, I'm not the funniest comedian. I'm just the funniest money comedian. That's the reality.   Keith Weinhold  36:33   When we had the very inventor of the 401 k plan, Ted benna, come onto the show, he revealed to us that when 401 K plans rolled out, they were first called salary reduction plans. They had to scrap that name in order to foster participation. But reducing your salary is still principally what it does to you. You got to think about it that way and blow up some of these myths. But Garrett, you've already given a lot of great technical information about what someone can do, how someone can think differently. Bigger pictures, we're sort of winding down here. You know, when I'm thinking about this whole delayed versus denied gratification thing, how do you meter it out right throughout your life? I mean, what's your earmark your family legacy? How do you meter it out, right so you don't have too much or too little at the end of your life?   Garrett Gunderson  37:15   I like to see this strategy of, like, what would the rockfellers do that I wrote about is, you know, the beginning before that strategy is you pay yourself first, which has always been around Richest Man in Babylon. Tons of books talk about it. My argument is you want to pay yourself at least 15% of your personal income, off the top, to a separate account. Once you get six months in that account, now you start to invest that money, but you build your stability with that peace of mind. And we want 15% because the luxury once enjoyed becomes a necessity. So you want more money in the future, not the future, not less propensity to you know, there's also, just like planned obsolescence, things break down. You have to repair them. Technological change, we're buying new technology that doesn't even exist. I have now subscriptions to a bunch of AI things that help me out, right? But I'm spending more money. There's also taxes, those could go up in the future, or 38 trillion in debt as we film this, which is a crazy number. And there's also inflation. If we give 3% to each of those five factors, that's 15% now again, use the four i's, IRS, interest, investments and insurance to find that money, not just budgeting. But then here's the magic. At least 3% of your income should go to a separate account called the Living wealthy account. That's your guilt free spending, value based spending account, so you enjoy some money along the way. These are the things that are the finer things in life that people might say are wasteful. You know, there's a book called unreasonable hospitality that talks about this, 11 Madison Avenue was the number one rated restaurant in the world. And, you know, will who wrote the book talked about they had 3% of their budget to just go wild on their customers dream making money, right? So to create the special experience in the restaurant, and even the bear, I think was season three, showed some of that process of how they do that. So I highly recommend taking a certain percentage. You get to enjoy along the way. It could be higher than 3% but start there, and you're going to feel better, you're going to have different energy, you're going to show up in a different way. And then from there, I just believe in having trust, so that your money's outside of your estate, and protecting financial predators so you own nothing but control everything. And I personally use life insurance. I use just standard over, you know, like basically properly structured, optimally funded whole life, so that death benefit will come in after I die. It allows me to spend more of my money and then have it replenished so I can enjoy more of my money along the way, because I know that death benefit will be there for my wife or even for my family trust after I'm gone, so I don't disinherit the people that I love.   Keith Weinhold  39:31   Garrett Gunderson, he can take you through these steps, which he calls financially fit, to financially independent, and then finally to financially free. Tell us a little more about that going through those steps.   Garrett Gunderson  39:44   So financial fitness means your financial house is in order. You've got everything handled properly, car insurance, homeowners, liability, disability, medical life insurance, your corporate structures as a business owner, how you pay yourself, your taxes the last three years and move. Moving forward your investments. It's like, you know what it's going on. You've improved your cash flow, and you're dialed in. You're as safe as you could possibly be. Then financial independence is, how can we create income, especially from a business that comes in when you don't, that's people, that's processes, that's technology, so that you can be involved, but you don't have to be involved. This is the part most people miss, yeah, and I think it's crazy. A lot of people have this notion they're just going to work so hard so they can sell their business one day, I'm like, What about just creating a business that you love so much you don't want to sell it? What about giving up the things that are burning you out and have the employees that can take care of that so you do the things that you love and then just enjoy life along the way, take some little trips, take some time off and come back in. The business grows up when you're away, they learn how to do things without you, and then you can still create value into that business. I sold the business in 2021 and really regretted it, because I kind of was so removed from the business. I kind of felt like it lost its soul and I didn't feel connected to it. So this time around, I started a business in July of 2024 I'm like, I'm only going to work with the P with the people I love, building things that I love, and I'm not going to let myself get burned out by doing too much. We're going to take two weeks in Hawaii coming up here in April, just enjoy some time together as a family. We do quarterly family retreats with my wife and kids. We do traditions with my family up at my cabin, like I want to have this great life where it's blurs the lines between work and play. I have a little quote from someone else that talks about that art of life is blurring the lines between work and play, but also just having complete play sometimes that there is no work. So I come back refreshed, relaxed, rejuvenated and ready to create. And so really, that financial independence gives you permission to swing for the fences and what you do, knowing your foundation is handled, knowing that your lifestyle is covered, from assets to create cash flow gives you work optional freedom. But instead of retiring, think, what could your biggest impact be like? Create the life you don't want to retire from. Create a vision so compelling you can dedicate your life to it and find that the win is actually in the work, not just the outcome. I think that is the elegance of we win when we play, and when we have more play in our life. We don't try to escape from something. And when you start something, you might have to do things you hate, but you can eventually delegate it, and then life becomes great. I mean, one of my early coaches, Dan Sullivan, who I mentioned, a strategic coach. He's in his 80s, still behemoth of creating value in the in the market. To listen to him, you know, he's phenomenal. He's made such a huge difference in my life, and he has no intent of retiring. He just gets smarter every year, adds more value, builds more infrastructure, and he's the one that taught me the merit of free days, just taking time off, taking time away. So, yeah, that's financial independence. Is cash flow, and then financial freedom is a state of mind. It's when money is no longer the primary reason or excuse you would do or not do something. It's a consideration, but it's no longer the consideration means that you have a healthy relationship with money. Money is an asset and an ally, not an enemy. You don't come from a place of scarcity. You come from a place of abundance. You can be more present with your family and doing what you do without feeling distracted. I think wealth is our ability to be present, not necessarily how much money we have in a bank account. I think we have a good amount of money in a bank account, and we can be present. That is like true wealth.   Keith Weinhold  43:12   It harkens back to the John D Rockefeller, he who works all day has no time to make money. Rockefeller would have said, you can architect a wealth plan if your head is down on the assembly line, that means gradually move your offer. It's from trading your time for dollars over to owning assets that pay you to own them. Garrett's comedy special is called the American Ream. There's no D in that word, R, E, A, M. You can look that up, Garrett. It's been enlightening as always. Thanks so much for coming back onto the show.   Garrett Gunderson  43:43   Hey man, good to be back.   Keith Weinhold  43:51   Always. A lively conversation with Garrett, besides some great mindset perspective, he's really good at saving you tax and setting you up with asset protection. Though he's not as real estateish as me, he's pretty savvy. For example, He's aligned on the fact that, for example, say you have an 80k debt. Well, it doesn't necessarily mean that it makes sense for you to pay that off sometimes it does, but what happens to your net worth anytime you pay off an 80k debt, well, let's see. You've reduced your asset side by 80k and you've reduced your debt side by 80k so your net worth is the same, and retiring the debt means that you might have lost leverage, lost cash flow and lost tax advantages, all at the same time on Instagram, send a DM with the two words, Keith Cows to Garrett B Gunderson, and he'll hook you up with his book for free next week on the show, we go deep on does America really have a housing shortage with an expert analyst. Until then, I'm your host. Keith Weinhold, don't quit your Daydream.    Speaker 4  45:01   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively   Keith Weinhold  45:29   The preceding program was brought to you by your home for wealth. Building, get richeducation.com  

It's EV News Briefly for Sunday 01 March 2026, everything you need to know in less than 5 minutes if you haven't got time for the full show.Patreon supporters fund this show, get the episodes ad free, as soon as they're ready and are part of the EV News Daily Community. You can be like them by clicking here: https://www.patreon.com/EVNewsDailyVOLKSWAGEN HITS 2 MILLION EV DELIVERIESVolkswagen delivered its 2 millionth battery electric vehicle — an ID.3 handed to customer Kirsten Vormbrock at the Transparent Factory in Dresden — capping a journey that began with the e-up! in 2013. The ID.4 leads the tally with roughly 901,000 units sold globally, while the brand now looks ahead to four new affordable EVs including the ID. Polo, arriving in 2026.ŠKODA GIVES SUPERB HATCH A 200 KW PHEVŠkoda has unveiled a 200 kW plug-in hybrid for the Superb Hatch, pairing a 1.5 TSI petrol engine with an 85 kW electric motor and a 25.7 kWh battery — making it the most powerful combustion-engine model in Škoda's current lineup. The launch reflects growing demand: one in four Superb models now sells with a PHEV powertrain, and more than 68,000 Superb iV models have been delivered since 2019.CANADA OPENS CHINA-BUILT EV QUOTA AT 6.1% TARIFFCanada began accepting import permit applications from 1 March 2026, allowing up to 49,000 China-built EVs per year to enter at a 6.1% tariff — a sharp cut from the 106.1% rate imposed in 2024 — on a first-come, first-served basis. Tesla, Polestar, and Volvo are considered frontrunners to use the allocation, which Ottawa plans to scale to 70,000 vehicles annually by 2030, with 50% of that expanded quota reserved for EVs below a set price threshold.CUPRA SETS 5 MARCH BORN FACELIFT REVEALCupra will unveil the Born facelift on 5 March, bringing harder-edged front and rear styling that aligns the model visually with the newer Terramar and Tavascan, plus expected interior upgrades including more premium materials and a revised infotainment layout. The refresh matters commercially: the Born has sold nearly 30,000 units in the UK alone since its 2022 launch, and Cupra will also soon introduce the smaller Raval electric hatchback from approximately £23,000.RANGE ROVER VELAR EV SPOTTED ON WINTER TESTA Range Rover Velar EV prototype has been caught in European winter testing, revealing a dramatically reshaped body with a cab-forward stance, angular haunches, and a fastback-leaning roofline that breaks sharply from traditional boxy SUV design. Crucially, it will be the first Jaguar Land Rover model built on the new 800-volt Electric Modular Architecture (EMA) platform, which is engineered to deliver over 300 miles of range and faster charging capability.RIVIAN LAUNCHES RAD PERFORMANCE SUB-BRANDRivian has launched the Rivian Adventure Department (RAD), a dedicated performance sub-brand targeting harder and faster off-road driving that puts it in direct competition with Land Rover's Octa and Ford's Raptor line. RAD formalises the engineering team already responsible for the R1S and R1T Quad Motor variants, giving Rivian's performance ambitions an official identity and a public-facing platform.TESLA TELLS MODEL Y OWNERS TO CHARGE GENTLYTesla has updated the Model Y Owner's Manual to advise owners to rely on home Level 1 or Level 2 charging for daily use — keeping limits at 80% — and to reserve Superchargers for road trips, warning that frequent DC fast charging accelerates long-term battery degradation. For long-term storage, Tesla recommends parking at approximately 50% state of charge and flagging that features like Sentry Mode and Dog Mode can silently drain the battery at roughly 1% per day while the car sits idle.VOLVO PLOTS FASTER ZERO-EMISSION TRUCK PUSHVolvo Group is accelerating its battery-electric heavy truck strategy from a position of strength, holding a 19% share of the European heavy-truck market for the second consecutive year. Its flagship FH Aero Electric packs 780 kWh of batteries for up to 600 km of range and supports megawatt charging that takes the pack from 20% to 80% in just 45 minutes — aligning recharge stops with mandatory driver rest breaks.LYTEN TAKES OVER NORTHVOLT'S SWEDISH BATTERY ASSETSLyten has completed its acquisition of Northvolt's Swedish operations — covering Northvolt Ett, Ett Expansion, and Northvolt Labs — in a deal encompassing nearly $5 billion in book value, 16 GWh of manufacturing capacity, and Europe's largest battery R&D centre. The company plans to restart lithium-ion NMC cell production at the Skellefteå site in the second half of 2026, and will use Northvolt Labs in Västerås to advance its proprietary lithium-sulfur battery technology.BRIM EXPLORER ORDERS TWO ELECTRIC TRIMARANSOslo-based Brim Explorer has signed contracts for two fully electric trimarans — each 24 metres long, carrying 180 passengers — which the firm claims will be the world's most efficient battery-powered vessels upon their spring 2027 delivery. The boats will operate silent, emission-free sightseeing cruises along Norway's coast with a battery-only range of 100 nautical miles at speeds up to 20 knots, expanding Brim's existing five-vessel fleet.

It's no longer speculation. D4VD — the "Romantic Homicide" singer whose Tesla contained the dismembered remains of 14-year-old Celeste Rivas Hernandez — has been officially designated as the target of a murder investigation.Unsealed court documents filed in Texas reveal the Los Angeles County DA's office identified David Anthony Burke as the target of its grand jury inquiry. The filings allege he "may be involved in having committed... One count of Murder." DA Nathan Hochman confirmed the allegation. Deputy DA Beth Silverman is leading the prosecution.The documents became public after D4VD's family — father Dawud, mother Colleen, and brother Caleb — challenged subpoenas ordering them to testify. Texas courts denied their petitions. A temporary stay was granted on appeal, but not before the sealed filings were exposed.What those filings describe is horrific. Celeste's head and torso were found in a cadaver bag in the front trunk of D4VD's Tesla. Her severed arms and legs were in a second bag. The car had been abandoned in the Hollywood Hills since late July 2025. It was towed after neighbors reported a foul odor.The grand jury has heard from D4VD's manager, who admitted he didn't call police because he wanted the tour to continue. His friend Neo Langston was arrested in Montana for ignoring a subpoena. Investigators found a burn cage and chainsaw at the rental property. Police believe D4VD likely had help.Celeste went to see a movie with D4VD in April 2024 and never came home. She was last photographed alive January 2, 2025. She was 14 years old.D4VD has not been arrested or charged. He is presumed innocent until proven guilty.Join Our SubStack For AD-FREE ADVANCE EPISODES & EXTRAS!: https://hiddenkillers.substack.com/Want to comment and watch this podcast as a video? Check out our YouTube Channel. https://www.youtube.com/channel/UC8-vxmbhTxxG10sO1izODJg?sub_confirmation=1Instagram https://www.instagram.com/hiddenkillerspod/Facebook https://www.facebook.com/hiddenkillerspod/Tik-Tok https://www.tiktok.com/@hiddenkillerspodX Twitter https://x.com/TrueCrimePodThis publication contains commentary and opinion based on publicly available information. All individuals are presumed innocent until proven guilty in a court of law. Nothing published here should be taken as a statement of fact, health or legal advice.#D4VD #CelesteRivas #TrueCrimeToday #MurderTarget #GrandJury #BethSilverman #JusticeForCeleste #LAPD #DavidAnthonyBurke #BreakingNews