Podcasts about Software

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    KQED’s Forum
    AI is Changing Fast. How Are You Using It Now?

    KQED’s Forum

    Play Episode Listen Later Feb 26, 2026 54:49


    Newer AI tools have begun to act less like “a souped up search engine and more of a junior staffer” observes one industry watcher.  Software developers are deploying Claude Code. Small business people are using AI to work out logistics. At home, people are deploying AI to organize to-do lists, plan vacations, and create meal plans. But what are the risks?  We talk about how AI is evolving, and how to think about the ethics of using these tools. Guests: Nitasha Tiku, tech culture reporter Maxwell Zeff, senior writer covering artificial intelligence, WIRED Heather Kelly, technology reporter focusing on the intersection of technology and everyday life Learn more about your ad choices. Visit megaphone.fm/adchoices

    Nightly Business Report
    Next for Nvidia, "AI-washing," and a Software Bounce? 2/26/26

    Nightly Business Report

    Play Episode Listen Later Feb 26, 2026 41:48


    Nvidia is on pace for its worst day since last April, but Deepwater Asset Management is staying bullish. More than 50,000 layoffs were tied to AI in 2025, but are companies merely using it as a scapegoat for job cuts? Plus, the software stocks Raymond James says are poised for short-term bounce. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    BSD Now
    652: Ghostly Graphics

    BSD Now

    Play Episode Listen Later Feb 26, 2026 70:14


    OpenZFS monitoring, hellosystems 0.8, GhostBSD and XLibre, Bhyve Exporters and 30 year old LibC issues. NOTES This episode of BSDNow is brought to you by Tarsnap and the BSDNow Patreon Headlines OpenZFS Monitoring and Observability: What to Track and Why It Matters helloSystem 0.8 Released FreeBSD Based OS Inspired by macOS. https://itsfoss.gitlab.io/post/hellosystem-08-released-freebsd-based-os-inspired-by-macos/ News Roundup [Default GhostBSD to XLibre](https://github.com/ghostbsd/ghostbsd-build/pull/259] Addressing XLibre Change and GhostBSD Future Bhyve Prometheus Exporter for Sylve on FreeBSD. Linux GNU C Library Fixes Security Issue Present Since 1996 Beastie Bits NetBSD 11.0 RC1 available! The Book of PF, 4th Edition is now available December 2025 Finance Report LLDB improvements on FreeBSD Any desire for OnmiOS/Illumos Support : Now's your chance to convince me Tarsnap This weeks episode of BSDNow was sponsored by our friends at Tarsnap, the only secure online backup you can trust your data to. Even paranoids need backups. Feedback/Questions Send questions, comments, show ideas/topics, or stories you want mentioned on the show to feedback@bsdnow.tv Join us and other BSD Fans in our BSD Now Telegram channel

    ITSPmagazine | Technology. Cybersecurity. Society
    Do You Know What's In Your Software? A Cybersecurity Story with Manifest Cyber | A Brand Highlight Conversation with Daniel Bardenstein, Co-Founder at Manifest Cyber

    ITSPmagazine | Technology. Cybersecurity. Society

    Play Episode Listen Later Feb 26, 2026 6:42


    There is a question that sounds almost embarrassingly simple. After a vulnerability is discovered in a piece of widely used software — something like Log4Shell, which shook the security world and left hundreds of thousands of organizations exposed overnight — the question organizations scrambled to answer was this: where is this code, and what does it touch? Most couldn't answer it. Not the Fortune 500 companies. Not the government agencies. Not the critical infrastructure operators. Not the hospitals or the banks or the utilities. They had built and bought mountains of software over years and decades, and when the moment came to understand what was actually inside it, they were effectively blind. That gap is exactly what Daniel Bardenstein set out to close when he co-founded Manifest Cyber in 2023. And in a conversation on ITSPmagazine's Brand Highlight series, he made a case for technology transparency that is hard to argue with — not because it's technically complex, but because the analogy he draws is so strikingly obvious once you hear it. "If you want to buy a house, you get to go inside the house, do the home inspection," he said. "You want to buy food from the grocery store — you can look at the ingredients. Even our clothes tell you what they're made of, how to care for them, and where they're from." But software? The technology running hospital MRI machines, weapon systems, financial infrastructure, water delivery? No transparency required. No ingredient label. No inspection rights. Just trust. That trust, as Log4Shell demonstrated, is a vulnerability in itself. Bardenstein came to this problem with credentials that few founders in the space can claim. Before starting Manifest, he spent four and a half years in the US government leading large-scale cyber programs and serving as technology strategy lead at CISA — the Cybersecurity and Infrastructure Security Agency. He saw firsthand how defenders are perpetually at a disadvantage, operating without the basic visibility they need to do their jobs. His mission became building the tools to change that. The problem, he's quick to point out, has not improved in the years since Log4Shell. Software supply chain attacks have multiplied — XZ Utils, NPM Polyfill, and others following the same pattern: trusted software becomes the attack vector, and it spreads fast. Meanwhile, most security teams are still operating with SCA tools that generate noisy, overwhelming alerts and vendor risk programs built on Excel spreadsheets and questionnaires rather than actual empirical data about the security of what they're buying. "Security teams have a false sense of security," Bardenstein said. The gap between what organizations think they know and what they actually know about their software supply chains remains dangerously wide. Manifest Cyber addresses this across the full lifecycle. For organizations that build software, the platform maps every open source dependency, assesses it for risk, and ensures developers can write more secure code without losing velocity. For organizations that buy software — which is everyone — it finds risks before procurement, then continuously monitors every third party component so that when something breaks, they know the blast radius in seconds, not weeks. The timing matters. Regulation is catching up to the problem. The EU AI Act, the Cyber Resilience Act, and a growing body of global policy are beginning to demand exactly the kind of software supply chain transparency that Manifest is built to provide. Organizations that wait to build this capability will find themselves scrambling to comply — those that build it in now will have it as a competitive advantage. The ingredient label for software has always been missing. Manifest Cyber is writing it. ________________________________________________________________ Marco Ciappelli interviews Daniel Bardenstein, CEO & Co-Founder of Manifest Cyber, for ITSPmagazine's Brand Highlight series. HOST Marco Ciappelli — Co-Founder & CMO, ITSPmagazine | Journalist, Writer & Branding Advisor

    Lance Roberts' Real Investment Hour
    2-26-26 Software Stocks - Steal or Zero?

    Lance Roberts' Real Investment Hour

    Play Episode Listen Later Feb 26, 2026 44:05


    Is AI killing software stocks — or creating the buying opportunity of the decade? Lance Roberts & Michael Lebowitz review: Since peaking in September 2025, the software ETF (IGV) has crashed 30% while semiconductors (SMH) surged 30% and broad tech stayed flat. The market is pricing in a "SaaSpocalypse" — the idea that generative AI will make traditional SaaS companies obsolete. But is that narrative right? Hosted by RIA Advisors Chief Investment Strategist, Lance Roberts, CIO, w Senior Investment Advisor, Danny Ratliff, CFP Produced by Brent Clanton, Executive Producer Rate us on Google: https://bit.ly/4b9JtEo 0:00 - INTRO 0:49 - National Chili Day & Demise of Whataburger 3:04 - Nvidia & SalesForce Report 7:25 - Markets Are "Stable" 12:17 - Blizzards & Chili 13:21 - The Incredible Nvidia Numbers 15:37 - The Lack of Market Reaction to Nvidia Report 17:02 - Where Will the Capital Come From? 23:22 - Why the Market Isn't Enthusiastic (about Nvidia) 24:30 - SalesForce & The Software Apocalypse 30:15 - Who Will Survive? 33:13 - Will AI Create a New Spreadsheet 36:19 - Tariffs: Old vs New: Markets Are Calm 40:49 - Betting on Tariff Refunds? ------- Watch Today's Full Video on our YouTube Channel: https://youtube.com/live/6DavZVDY7OQ ------- Articles Mentioned in Today's Show: "Software Stocks: Navigating The SaaSpocalypse" https://realinvestmentadvice.com/resources/blog/software-stocks-navigating-the-saaspocalypse/ ------- Watch our previous show, "Q & A Wednesday: Straight Talk About Your Money" here: https://youtube.com/live/oW7OkyOvYC4 -------- The latest installment of our new feature, Before the Bell, "100-DMA Support at Risk," is here: https://youtu.be/tiE6S1qaBn0 ------- Download Lance's Latest e-book, "Laws of Money & Wealth:"https://realinvestmentadvice.com/ria-e-guide-library/ -------- SUBSCRIBE to The Real Investment Show here: http://www.youtube.com/c/TheRealInvestmentShow -------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #StockMarket #SP500 #MarketOutlook #TechnicalAnalysis #RiskManagement #PersonalFinance #RetirementPlanning #InvestingBasics #FinancialPlanning #AskUsAnything

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    MRKT Matrix
    Is This The Bottom For AI Software Stocks?

    MRKT Matrix

    Play Episode Listen Later Feb 26, 2026 52:59


    SUBSCRIBE to our newsletter: http://riskreversal.substack.com/ Dan Nathan, Guy Adami & Liz Thomas break down the top market headlines and bring you stock market trade ideas for Thursday, February 26th -- Learn more about FactSet: https://www.factset.com/lp/mrkt-callFollow us on Twitter @MRKTCallFollow @GuyAdami on TwitterFollow @CarterBWorth on TwitterFollow us on Instagram @RiskReversalMediaLike us on Facebook @RiskReversalWatch all of our videos on YouTube Learn more about your ad choices. Visit megaphone.fm/adchoices

    software bottom stocks factset liz thomas guy adami dan nathan
    Complex Systems with Patrick McKenzie (patio11)
    Understanding government procurement, with Luke Farrell

    Complex Systems with Patrick McKenzie (patio11)

    Play Episode Listen Later Feb 26, 2026 81:47


    Patrick McKenzie (patio11) and Luke Farrell examine the structural "technical imagination" gap that prevents the US government from delivering high-fidelity digital services. They discuss why states routinely pay full price 29 times for the same buggy codebase, why failure is the default outcome, and why rooms full of government administrators cannot muster the expertise to say a two line code change should be trivial. They also discuss Luke's work on the "means testing industrial complex,” why the government redundantly pays a private vendor to do a SQL query for information the IRS already knows, and what vendors would say about their own discontents.–Full transcript available here: http://www.complexsystemspodcast.com/understanding-government-procurement-with-luke-farrell/–Presenting Sponsors: Mercury &  FramerIf you have more interesting hobbies than managing your money, Mercury Personal is built for you. It allows you to automate movement between accounts—allocating paychecks and tax prep the moment they hit—with a sensible permissions model for partners or accountants. It works the way tech people expect banking to work. Go to mercury.com/personal to experience banking built by the same folks Patrick trusts for his business. Mercury is a fintech company, not an FDIC-insured bank. Banking services provided through Choice Financial Group and Column N.A., Members FDIC.Building and maintaining marketing websites shouldn't slow down your engineers. Framer gives design and marketing teams an all-in-one platform to ship landing pages, microsites, or full site redesigns instantly—without engineering bottlenecks. Get 30% off Framer Pro at framer.com/complexsystems.–Links:Luke Farrell's Substack: https://donmoynihan.substack.com/Luke Farrell, The Means-Testing Industrial Complex: https://donmoynihan.substack.com/p/the-means-testing-industrial-complex–Timestamps:(00:00) Intro(01:52) Transitioning from Google to the US Digital Service (USDS) (05:18) How rule buildup and administrative burdens create "Kafkaesque" mazes (08:21) Using diagrams and funnels to visualize benefit denials (11:49) Software logic errors that improperly kicked children off Medicaid (18:25) Why government payroll IT costs hundreds of millions of dollars (20:02) Sponsors: Mercury and Framer(22:02) How recursive legal requirements and DOD standards inflate IT scope (26:57) Market consolidation and the lack of competition in procurement (33:47) Aligning program administrator incentives with successful service delivery (36:03) Using in-house technologists to push back on vendor change orders (39:27) Shifting from "Big Bang" contracts to iterative, agile development (53:10) The moral incoherence of asset limits (01:11:36) Insourcing electronic income verification databases (01:16:56) Building public sector competence to manage modern technical risk (01:20:08) Wrap

    Pro Church Tools with Brady Shearer
    Top Church Podcasting Gear for 2026

    Pro Church Tools with Brady Shearer

    Play Episode Listen Later Feb 25, 2026 26:42


    Church podcasting has evolved from simply uploading sermons to producing interviews, devotionals, leadership content, and more. If you're exploring podcasting for your church, we're sharing our recommended gear for 2026. From mics to interfaces and accessories, we'll cover options for every budget from two podcasters who've been hosting since 2014.   ============================= Table of Contents: ============================= 0:00 - Intro 3:11 - Microphones 9:22 - Interfaces & Recorders 17:30 - Headphones 19:40 - Accessories 21:06 - Software 22:32 - Full Setups   IMPORTANT LINKS - Micro Church Podcast Studio [Tour]: https://youtu.be/aCrpic5rugc - Shure SM7B: https://bit.ly/3Ob9s5x - Rode PodMic: https://rode.com/en-ca/products/podmic - Shure MV7+: https://bit.ly/40abh5b - Audio-Technica AT2040: https://bit.ly/4raD5Cl - DJI Mic 2: https://www.dji.com/mic-2 - Rodecaster Pro II: https://rode.com/en-int/products/rodecaster-pro-ii - Rodecaster Duo: https://rode.com/en-ca/products/rodecaster-duo - Focusrite Scarlett 2i2: https://focusrite.com/products/scarlett-2i2 - Focusrite Vocaster Two: https://focusrite.com/products/vocaster-two - Sound Devices MixPre: https://www.sounddevices.com/mixpre/ - Beyerdynamic DT 770 Pro: https://north-america.beyerdynamic.com/p/dt-770-pro - Sony MDR-7506: https://bit.ly/4tuzlgz - Audio-Technica ATH-M50x: https://bit.ly/46A7eTr - Audio-Technica ATH-M20x: https://bit.ly/4rdBw6Y - Rode PSA1+: https://rode.com/en-ca/products/psa1-plus - Audacity: https://www.audacityteam.org/ - DaVinci Resolve: https://bit.ly/4adljIX - Adobe Audition: https://www.adobe.com/ca/products/audition.html - AutoPod: https://www.autopod.fm/ - Auphonic: https://auphonic.com/ - HELP ME SEE Show: https://www.youtube.com/@helpmeseepossibility   THE 167 NEWSLETTER

    The Official SaaStr Podcast: SaaS | Founders | Investors
    SaaStr 843: Software Stocks Have Massively Crashed. Here's What Founders Need to Know.

    The Official SaaStr Podcast: SaaS | Founders | Investors

    Play Episode Listen Later Feb 25, 2026 43:56


    SAASTR 843: Software Stocks Have Massively Crashed. Here's What Founders Need to Know.  SaaStr founder and CEO Jason Lemkin joins the TBPN show for a wide-ranging conversation on the state of SaaS, AI, and venture capital. Jason shares how he shrunk his team from 15 to 3 people by going all-in on AI agents, why he's lost patience with companies that haven't re-accelerated growth, and the real economics behind running large-scale events. He breaks down why PE has "said goodbye to B2B," how vibe coding is flooding the market with competitors, and what's making the IPO window both exciting and treacherous. Plus: why the agent that closed a $100K deal on a Saturday night matters more than any demo day pitch, and how AI discoverability is quietly reshaping how businesses choose their software stack. --------------------- This episode is Sponsored in part by HappyFox: Imagine having AI agents for every support task — one that triages tickets, another that catches duplicates, one that spots churn risks. That'd be pretty amazing, right? HappyFox just made it real with Autopilot. These pre-built AI agents deploy in about 60 seconds and run for as low as 2 cents per successful action. All of it sits inside the HappyFox omnichannel, AI-first support stack — Chatbot, Copilot, and Autopilot working as one. Check them out at happyfox.com/saastr   ---------------------   Hey everybody, the biggest B2B + AI event of the year will be back - SaaStr AI in the SF Bay Area, aka the SaaStr Annual, will be back in May 2026.    With 68% VP-level and above, 36% CEOs and founders and a growing 25% AI-first professional, this is the very best of the best S-tier attendees and decision makers that come to SaaStr each year.     But here's the reality, folks: the longer you wait, the higher ticket prices can get. Early bird tickets are available now, but once they're gone, you'll pay hundreds more so don't wait.    Lock in your spot today by going to podcast.saastrannual.com to get my exclusive discount SaaStr AI SF 2026. We'll see you there.

    Facts vs Feelings with Ryan Detrick & Sonu Varghese

    A Supreme Court decision wipes out a major tariff mechanism, GDP comes in softer than expected, and AI fears collide with an AI spending boom. On the surface, it feels like three separate stories. In Episode 176 of Facts vs Feelings, Ryan Detrick, Chief Market Strategist, and Sonu Varghese, Chief Macro Strategist at Carson Group, connect the dots and ask a bigger question: what actually changed, and what simply made headlines?They break down the Court's ruling on IEEPA tariffs, what it means for policy going into a midterm year, and why markets barely flinched. From there, the conversation shifts to fourth-quarter GDP, where a weak headline number masked far stronger private demand beneath the surface. The episode then moves into the AI debate, examining the surge in hardware and software investment, the role of energy and power demand, and the viral “AI crash” scenario that sparked fears of a white-collar doom loop. Along the way, they explore global market leadership, sector dispersion, and why human behavior still sits at the center of economic outcomes even in a world shaped by algorithms.Key Takeaways:• Tariff authority reset: The Supreme Court's ruling removed a major executive tariff tool, reinforcing checks and balances while reducing policy uncertainty• GDP weakness needs context: A government shutdown distorted headline growth, while private demand remained solid• AI spending is real: Hardware and software investment tied to AI contributed meaningfully to 2025 growth• Scenario vs. reality: Extreme AI displacement models raise important questions, but macro consistency and demand dynamics matter• Market dispersion is widening: Software weakness, industrial strength, and global outperformance highlight a split beneath the surfaceJump to:0:00 — Tariff Shock And Supreme Court Ruling5:30 — Market Reaction, Odds And Policy Limits9:40 — Tariff Refunds And Who Ultimately Paid13:50 — China, Trade Winners And Political Timelines22:00 — GDP Miss Explained And Core Demand Strength31:00 — AI Capex Surge: Chips, Software And Scale35:00 — Power Demand, Energy And Inflation Pressures38:30 — The AI Doom Loop Scenario Debate47:40 — Market Split: Semis, Software And Global Leaders55:00 — Portfolio Implications And The Human EdgeConnect with Ryan:• LinkedIn: https://www.linkedin.com/in/ryandetrick/• X: https://x.com/RyanDetrickConnect with Sonu:• LinkedIn: https://www.linkedin.com/in/sonu-varghese-phd/• X: https://x.com/sonusvarghese?lang=enQuestions about the show? We'd love to hear from you! factsvsfeelings@carsongroup.com

    Schwab Market Update Audio
    Nvidia Results Ahead, with Software Also in Focus

    Schwab Market Update Audio

    Play Episode Listen Later Feb 25, 2026 12:07


    Nvidia results after the close dominate the news cycle barring outside events. Salesforce also reports this afternoon following a revival for software stocks in yesterday's rally. Important Disclosures This material is intended for general informational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security. Supporting documentation for any claims or statistical information is available upon request. Past performance is no guarantee of future results. Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intended. Please read more about risks of trading cryptocurrency futures here. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (0128-0226) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    The Survival Punk Podcast
    The Subscription Life Trap | Episode 594

    The Survival Punk Podcast

    Play Episode Listen Later Feb 25, 2026 24:02


    Subscription The Subscription Life Trap | Episode 594 Good morning. This is James from SurvivalPunk.com. It's 23 degrees in Tennessee. The weather jumped from the 60s to the 20s, like it's trying to kill morale. My body isn't thrilled about it. And today we're talking about something just as irritating. The subscription life. How everything is trying to turn into a recurring payment… and how that slowly drags down your freedom. You Don't Own Anything Anymore Almost everything is trying to become subscription-based. Apps. Software. Entertainment. Editing tools. AI tools. Streaming platforms. Even stuff that absolutely should be a one-time purchase. You don't buy things anymore. You rent access. That's the shift. Back in the day, if you rented a movie from Blockbuster, that made sense. You chose to rent it. It was a known expense. If money was tight, you skipped it that week. Now? It's $1.99 a month forever. That's the trap. Subscriptions Are Credit Card Debt With Better Marketing A subscription is basically invisible debt. You're committing to pay indefinitely for something you can never “finish” paying off. At least with a credit card purchase, there's an endpoint. With subscriptions? There isn't one. And companies absolutely count on you forgetting. There's some nerd somewhere who has calculated exactly how long the average person forgets to cancel. That's part of the business model. You sign up. You forget. They collect. And because it's “only” a few dollars a month, your brain doesn't treat it like real money. That's psychological warfare at the micro level. You're At Their Mercy Here's where it gets worse. You don't actually own what you “buy.” If you purchase a movie digitally and the service loses the license, you can lose access to it. You paid. Doesn't matter. You're renting access to a bookmark. Streaming services rotate content constantly. Licensing agreements change. Regions get restricted. Content disappears. You don't control it. They do. And in some cases, you're paying companies that actively push agendas you don't agree with. Why fund people who openly despise your worldview? That's worth thinking about. Real Example: The $1.50 HBO Mistake Black Friday deal. $1.50 per month for HBO Max. Cheap enough to ignore. I signed up “just in case” I couldn't log into my brother's account. Months later? I haven't used it once. That's exactly how this works. Multiply that by 10 subscriptions. Now multiply that by millions of people. That's a massive wealth drain. The Cure: Own Your Stuff The solution is simple. Own things. Buy physical media. Keep your own music. Build your own digital library. Use alternatives like Plex. Download what you legally own. Back it up. Control your access. Spotify is convenient. So is Pandora. But if you already own thousands of songs on a hard drive, why are you paying someone monthly to shuffle music you don't even like? Same with audiobooks. If you bought it, make sure you truly have it. Ownership equals independence. Subscriptions equal dependency. Subscription Creep Is Real The real danger isn't one subscription. It's the pile. $9.99 here. $12.99 there. $1.50 just in case. Another $7 for something you barely use. Now you're bleeding $100+ a month for “convenience.” That's $1,200 a year. That's prep money. Debt payoff money. Investment money. That's freedom money. Final Thoughts Subscriptions feel harmless. They're not. They normalize renting your life instead of owning it. They put you at the mercy of corporations. They count on forgetfulness. They slowly erode independence. Prepping isn't just about food and water. It's about reducing dependency. Own your tools. Own your media. Own your capability. This is James from SurvivalPunk.com. DIY to survive. Amazon Item OF The Day Seagate Portable 2TB External Hard Drive HDD — USB 3.0 for PC, Mac, PlayStation, & Xbox -1-Year Rescue Service (STGX2000400) Think this post was worth 20 cents? Consider joining The Survivalpunk Army and get access to exclusive content and discounts! Don't forget to join in on the road to 1k! Help James Survivalpunk Beat Couch Potato Mike to 1k subscribers on Youtube Want To help make sure there is a podcast Each and every week? Join us on Patreon Subscribe to the Survival Punk Survival Podcast. The most electrifying podcast on survival entertainment. Itunes Pandora RSS Spotify Like this post? Consider signing up for my email list here > Subscribe Join Our Exciting Facebook Group and get involved Survival Punk Punk's The post The Subscription Life Trap | Episode 594 appeared first on Survivalpunk.

    SaaS Metrics School
    Top FP&A Solutions Used by Software Companies

    SaaS Metrics School

    Play Episode Listen Later Feb 25, 2026 4:18


    In episode #356, Ben shares the results from the FP&A category of his 7th Annual SaaS Tech Stack Survey, highlighting the top financial planning and analysis solutions used in software companies today. With 37 FP&A solutions named in the survey, this remains one of the most competitive and fast-moving segments in the back-office tech stack. While spreadsheets still dominate usage—by a wide margin—dedicated FP&A platforms are gaining traction, especially as companies scale past $10M+ ARR and investor reporting requirements increase. Ben also compares this year's results to prior years and explains how FP&A tool adoption shifts by ARR size. Resources Mentioned 7th Annual SaaS Tech Stack Survey: https://www.thesaascfo.com/surveys/finance-accounting-tech-stack-survey/ What You'll Learn The most widely used FP&A solutions in SaaS and AI companies Why spreadsheets still dominate financial modeling workflows Which platforms are gaining momentum (Drivetrain, Mosaic, Aleph, Pigment, Planful, and others) How FP&A adoption changes as companies scale beyond $10M ARR Why enterprise-grade tools like Workday appear in larger organizations How funding and competition are reshaping the FP&A software landscape Why It Matters FP&A systems power your forecasting, budgeting, and board reporting Spreadsheet-based processes eventually break as complexity increases As ARR grows, investors expect more sophisticated financial modeling and analytics Selecting the right FP&A tool impacts forecasting accuracy, KPI visibility, and strategic planning Understanding market adoption trends helps founders and CFOs benchmark their financial systems

    Contractor Evolution
    261. Project Manager Recruitment Mastery (Build Show Live Session) - Danny Kerr

    Contractor Evolution

    Play Episode Listen Later Feb 25, 2026 52:24


    Join us March 4 for a free web class with Matt Risinger on attracting reliable staff during a skilled labor shortage. Register now: https://trybta.com/HIMR26To learn more about Breakthrough Academy, click here: https://trybta.com/EP261 Grab your free Project Manager Hiring Resources here: https://trybta.com/DL261Most contractors don't struggle to find work. They struggle to find the right people to run it.In this episode of Contractor Evolution, we're releasing a talk Danny did at Build Show Live. In just 60 minutes, he breaks down the exact recruiting system he's seen hundreds of contractors use to hire highly successful project managers across various industries.This conversation is a deep dive into why most PM hires fail, why “posting a job and hoping” no longer works, and how to build a recruiting funnel that consistently attracts A-players — even in a tight labor market.Danny walks through:How to define an Ideal Project Manager Profile (and why most contractors skip this step)Why most job ads repel top talent, and how to rewrite them to stand outThe 20-minute interview setup call that eliminates no-shows and bad fitsHow to run behavioral interviews that reveal how someone performs under pressureActive recruiting tactics that give you control instead of waiting on resumesWhen it actually makes sense to use recruiters (and when it doesn't)If hiring a strong Project Manager would unlock growth, reduce stress, or finally get you out of the day-to-day, this episode will change how you think about recruiting.00:00-Intro01:01-Four Principles of Project Management and Danny's Background04:04-Red Flags and The Four Systems to Discuss07:36-Employment Agreements, KPIs and Goal Setting & Review (GSR)20:33-Project Communication Plan and Status Updates29:49-Proper Use of Software and Hiring Project Managers37:58-Growth Seen in Breakthrough Academy Businesses and The Contractor Growth Method42:19-Takeaways, Implementation and Audience Questions

    TD Ameritrade Network
    Is Software a ‘Lost Industry' & Risks to Watch in NVDA

    TD Ameritrade Network

    Play Episode Listen Later Feb 25, 2026 6:53


    Is software a “lost industry” with the AI revolution? Steven Wieting explains the SaaS-pocalypse and examines the dispersion of AI's impact; he likes cybersecurity still. He thinks energy and utilities will be the strongest sectors of the year, mostly from powering AI. Steven also continues to see strength in semiconductors, though he notes “a lot of idiosyncratic risk” in Nvidia (NVDA). He highlights the Alerian MLP ETF (AMLP) as a potential opportunity. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe 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 – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

    TD Ameritrade Network
    KG: NVDA Earnings to End Market "Gridlock," Software Pressure Continues

    TD Ameritrade Network

    Play Episode Listen Later Feb 25, 2026 8:12


    Options are pricing around a 4% to 5% move in Nvidia (NVDA) following its earnings, says Kevin Green when looking at the implied volatility. However, it's not the earnings themselves that can ignite volatility, but the guidance and call afterward. He explains how Nvidia can shatter a "gridlock" constraining Wall Street. Elsewhere in the tech stack, KG talks about the continuing weakness in software in Workday's (WDAY) earnings and turns to another ETF outside IGV to watch. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe 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 – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

    TD Ameritrade Network
    Hatem Dhiab on Agentic AI Fears in Software, NVDA & TSLA Outlook

    TD Ameritrade Network

    Play Episode Listen Later Feb 25, 2026 7:42


    A "reckoning" in software stocks has very real fears of agentic AI upending businesses, says Hatem Dhiab. He labels Intuit (INTU) as one example. Hatem considers Salesforce (CRM) a more nuanced story, expecting some parts of the business to see little to no effect. He then turns to the Mag 7 by explaining watch in Nvidia (NVDA) earnings and concerns on Tesla's (TSLA) AI-centric future. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe 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 – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

    TD Ameritrade Network
    CRM & SNOW Earnings Have to Prove the ‘Wheels Aren't Falling Off' Software

    TD Ameritrade Network

    Play Episode Listen Later Feb 25, 2026 5:35


    Mark Gibbens and Melissa Otto preview Salesforce (CRM) and Snowflake (SNOW) earnings before they report postmarket. Melissa says “all eyes” will be on their AI strategies and guidance. She focuses on operational expenses and efficiency measures. Mark notes that Salesforce in particular has been a bellwether before, and thinks it has a real chance to “prove that the wheels aren't falling off the software cart.” ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe 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 – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

    Hacker News Recap
    February 24th, 2026 | IDF killed Gaza aid workers at point blank range in 2025 massacre: Report

    Hacker News Recap

    Play Episode Listen Later Feb 25, 2026 15:07


    This is a recap of the top 10 posts on Hacker News on February 24, 2026. This podcast was generated by wondercraft.ai (00:30): IDF killed Gaza aid workers at point blank range in 2025 massacre: ReportOriginal post: https://news.ycombinator.com/item?id=47136179&utm_source=wondercraft_ai(01:56): I'm helping my dog vibe code gamesOriginal post: https://news.ycombinator.com/item?id=47139675&utm_source=wondercraft_ai(03:22): OpenAI, the US government and Persona built an identity surveillance machineOriginal post: https://news.ycombinator.com/item?id=47140632&utm_source=wondercraft_ai(04:48): Firefox 148 Launches with AI Kill Switch Feature and More EnhancementsOriginal post: https://news.ycombinator.com/item?id=47133313&utm_source=wondercraft_ai(06:14): Mac mini will be made at a new facility in HoustonOriginal post: https://news.ycombinator.com/item?id=47143152&utm_source=wondercraft_ai(07:41): Blood test boosts Alzheimer's diagnosis accuracy to 94.5%, clinical study showsOriginal post: https://news.ycombinator.com/item?id=47132388&utm_source=wondercraft_ai(09:07): Discord cuts ties with identity verification software, PersonaOriginal post: https://news.ycombinator.com/item?id=47136036&utm_source=wondercraft_ai(10:33): I pitched a roller coaster to Disneyland at age 10 in 1978Original post: https://news.ycombinator.com/item?id=47136604&utm_source=wondercraft_ai(11:59): How we rebuilt Next.js with AI in one weekOriginal post: https://news.ycombinator.com/item?id=47142156&utm_source=wondercraft_ai(13:26): Open Letter to Google on Mandatory Developer Registration for App DistributionOriginal post: https://news.ycombinator.com/item?id=47139765&utm_source=wondercraft_aiThis is a third-party project, independent from HN and YC. Text and audio generated using AI, by wondercraft.ai. Create your own studio quality podcast with text as the only input in seconds at app.wondercraft.ai. Issues or feedback? We'd love to hear from you: team@wondercraft.ai

    Ham Radio 2.0
    E1700: Ham Radio Deluxe Updates for 2026 - AWESOME Logging Software!

    Ham Radio 2.0

    Play Episode Listen Later Feb 25, 2026 86:48


    Ham Radio Deluxe offers everything you can want in a logging software platform. Link - https://www.hamradiodeluxe.com/aff/B10FBCA73E139C01896591F4552E7B00/index.html?subid=556942 COUPON: hamradio20Become a supporter of this podcast: https://www.spreaker.com/podcast/ham-radio-2-0--2042782/support.

    Noticentro
    Avanza 52% rehabilitación del Periférico Norte

    Noticentro

    Play Episode Listen Later Feb 25, 2026 1:39


    Automóviles con engomado amarillo tienen hasta el 28 de febrero para verificarToluca alerta sobre riesgos de quemar basura en temporada de calorMéxico lidera en empresas SaaS y financiamiento en América LatinaMás información en nuestro Podcast

    CNBC’s “Money Movers”
    New Test for Software, Cava CEO on Earnings, DoD Targets Anthropic 2/25/26

    CNBC’s “Money Movers”

    Play Episode Listen Later Feb 25, 2026 43:15


    Software faces it latest test with results from Workday. A look ahead to earnings from Salesforce and Snowflake. Plus, the CEO of Cava with his first reaction to earnings. The stock up more than 20% after the company says they are bridging the K-shaped economy. And the Department of Defense pressing anthropic for full access to its AI tools. The company's response and why it may not be so straight forward. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    Jens Rabe - Der Podcast für Unternehmer und Investoren
    Nie wieder Verlierer kaufen: Meine Strategie gegen fallende Kurse

    Jens Rabe - Der Podcast für Unternehmer und Investoren

    Play Episode Listen Later Feb 25, 2026 18:41


    Lässt du dich von Finanz Twitter dazu verleiten, fallende Aktien wie PayPal oder Alibaba ständig nachzukaufen, weil sie scheinbar billig sind? In diesem Podcast erkläre ich, warum Verbilligen im Abwärtstrend Kapital vernichtet und weshalb du lieber starke Gewinner kaufst, statt auf günstige Verlierer zu hoffen. Vereinbare jetzt dein kostenfreies Strategiegespräch: https://jensrabe.de/Q1Termin26 Trage dich hier in meinen täglichen kostenfreien Newsletter ein https://jensrabe.de/Q1NewsYT26

    The John Batchelor Show
    S8 Ep508: Preview for later today: Liz Peek joins John Batchelor to discuss how AI developments are causing market sell-offs in software and logistics, prompting investors to seek alternatives to MAG 7 stocks.

    The John Batchelor Show

    Play Episode Listen Later Feb 24, 2026 2:12


    Preview for later today: Liz Peek joins John Batchelor to discuss how AI developments are causing market sell-offs in software and logistics, prompting investors to seek alternatives to MAG 7 stocks.1963

    The Talent Development Hot Seat
    How to Evaluate and Implement HR and L&D Software Effectively

    The Talent Development Hot Seat

    Play Episode Listen Later Feb 24, 2026 44:28


    In this episode Andy Storch explores the rapidly changing world of HR technology with guest Phil Strazzulla, founder of Select Software Reviews. Phil shares his journey from venture capital to HR tech, the story behind SSR, and how the platform helps HR teams confidently choose the right software at no cost. Together, they discuss key trends like platform consolidation, AI's growing role, and adaptive learning in L&D, along with practical advice on evaluating tools, building a business case, and ensuring successful implementation—plus live insights from Christopher McCormick.So if you're wrestling with vendor choices, striving for better ROI from your HR platforms, or curious about where HR tech is headed, you won't want to miss this episode!I hope you enjoy it! As always you can learn more and connect with me on my website (andystorch.com) or LinkedIn. And you can find my books - Own Your Career Own Your Life and Own Your Brand, Own Your Career - on Amazon.Connect with Phil Strazzulla: LinkedInConnect with Christopher McCormick: LinkedInConnect with Emma Strong: LinkedIn

    Relentless Dentist
    It's Time to Retire Relentless Dentist

    Relentless Dentist

    Play Episode Listen Later Feb 24, 2026 15:01 Transcription Available


    Robots can prep crowns. AI can read your X-rays.Software will optimize your schedule. After 12+ years, I'm retiring Relentless Dentist because the edge is moving...rapidly!In this episode, I explain: Why Working Harder Is Producing Smaller Returns: Same effort. More competition. Thinner differentiation. The Five Human Levers That Are Separating Practices: They're not clinical. And they're getting rarer. Where Profit Is Quietly Migrating: Money follows what's hard to replace — and that's changing fast. If you want your practice to be stronger five years from now than it is today… Listen now. The edge didn't disappear. It moved.

    FactSet U.S. Daily Market Preview
    Financial Market Preview - Tuesday 24-Feb

    FactSet U.S. Daily Market Preview

    Play Episode Listen Later Feb 24, 2026 5:00


    US equity futures are modestly higher. Asia equities closed mixed and European equity markets are trading lower. The dominant themes remain AI disruption and trade uncertainty. Software continues to be at the center of the selloff, while investors debate the potential impact of AI agents on intermediation-heavy business models. Trade policy is again in focus after President Trump shifted to alternative tariff authorities, warning of steeper measures for countries that “play games,”. Geopolitical risks are also building ahead of US-Iran talks later this week, with reports of a possible limited US strike adding to volatility in energy markets. Fed Governor Waller described a March rate decision as finely balanced pending further labor market data. Markets are also watching President Trump's State of the Union address for potential signals on sector-specific tariffs and broader policy direction.Companies Mentioned: Nvidia, DeepSeek, FedEx, Marsh

    FactSet Evening Market Recap
    Evening Market Recap - Tuesday, 24th Feb 2026

    FactSet Evening Market Recap

    Play Episode Listen Later Feb 24, 2026 4:53


    US equities were higher in Tuesday trading as stocks ended just off best levels. Software bounce (though off best levels) the big story with some semblance of reprieve surrounding Anthropic enterprise agent event. February consumer confidence printed at 91.2

    Tech Path Podcast
    Market Collapse Imminent?

    Tech Path Podcast

    Play Episode Listen Later Feb 24, 2026 25:17 Transcription Available


    Stocks tumbled on Monday after a report circulating online from Citrini Research raised fresh fears about the impact of AI. The Dow was down by more than 800 points around midday, and the Nasdaq fell more than 1%.~This episode is sponsored by BTCC~BTCC 10% Deposit Bonus! ➜ https://bit.ly/PBNBTCC00:00 Intro00:20 Sponsor: BTCC00:50 State of the Union02:00 FOX: What Trump needs to do03:30 FedEx04:00 Bourbon hit again05:10 Fed Employees miss first pay check05:30 Shutdown over odds06:00 Bidens fault?07:30 Trump watch ad? = Tone deaf08:00 Economic Uncertainty08:45 Trump mindset global risk?09:45 Worst job numbers in years10:30 Tariff Plan B illegal11:00 Should Bessent resign?13:00 Coinbase revenue on the brink13:50 Software stocks sell-off14:00 Citrini Research16:15 Alap Shah: AI Boom Trigger18:00 AI pays more for the same power18:50 Taxing AI19:45 BTC $45K?20:30 Seeds of the next cycle22:50 Christine Lagarde: CLARITY theme for 202624:20 Bad news mark bottoms#Crypto #Bitcoin #Ethereum~Market Collapse Imminent?

    TD Ameritrade Network
    RDDT, FTNT, CLBT & PLTR to Lead "Rip-Your-Face-Off" Software Rally?

    TD Ameritrade Network

    Play Episode Listen Later Feb 24, 2026 8:25


    Luke Lloyd isn't buying the Mag 7, arguing that there are far more attractive opportunities, such as software. “We've been buying into this software sell-off the last two or three weeks,” he says, including Reddit (RDDT), Fortinet (FTNT), and Palantir (PLTR). Another name he highlights is Cellebrite (CLBT). He thinks the sector will have a “rip-your-face-off rally” soon. ======== 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

    TD Ameritrade Network
    Software New Consumer Staples? Joe Mazzola Examines Scale of Sell Off

    TD Ameritrade Network

    Play Episode Listen Later Feb 24, 2026 5:54


    Many software names have the same P/E ratio as consumer staples giants, something @CharlesSchwab's Joe Mazzola notes as remarkable. He explains how fear is showing with a surge in options puts and makes the case now could be a time to be "scaling in" software investments. On the broader markets, Joe sees new record highs being hard to reach due to tech and other key sectors taking a backseat in trading activity. ======== 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

    Tea and Crumpets
    Under the Surface

    Tea and Crumpets

    Play Episode Listen Later Feb 24, 2026 37:47


    After a brief hiatus (courtesy of a historic Southern ice storm), Adam and Will return to find an index-level market that looks deceptively calm—roughly flat since their last episode—while significant damage has been done beneath the surface to individual stocks. The disconnect between index stability and individual-stock carnage is the central thread of the episode. The first major topic is AI capital expenditure. Most of the Mag 7 have committed to spending at a scale that would have seemed absurd just a few years ago, and the market, which once rewarded this enthusiasm, has begun to question it as free cash flow risks turning negative within a few years if spending continues at its current pace. The notable exception is Apple, which has largely preserved its free cash flow and financial engineering by not scaling its own AI infrastructure—instead positioning itself as a passive beneficiary of AI-driven hardware upgrade cycles as older devices become too underpowered to run next-generation software. Software companies have been the most punished segment, with the market essentially pricing in near-zero terminal value for many names a decade out, despite those same companies still showing solid guidance in the near term. The AI disruption narrative has swept indiscriminately through software, insurance, and financial services, producing days where a significant slice of S&P 500 stocks fell sharply while the index itself stayed within striking distance of all-time highs. The hosts note that the damage at the individual stock level has been dramatically worse than what the indices suggest—the average constituent in growth-oriented indices has seen drawdowns many times deeper than the headline numbers. A discussion of retail trading platforms—using Robinhood as a proxy—puts the individual investor experience in stark context: the average Robinhood trader has seen only modest gains over the past several years before taxes, a period in which simply indexing would have produced dramatically better results. The hosts draw a parallel to horse racing: people are generous in recounting their winners and silent about everything else. Incoming tax refund season may temporarily reflate the most speculative corners of the market, but the hosts are skeptical this represents durable demand. The conversation ends on a more somber note around the K-shaped economy. Job growth has been concentrated in narrow sectors, consumer sentiment remains poor, healthcare costs are crushing small businesses, and AI is beginning to erode entry-level employment. The hosts express genuine concern that a large segment of the population—still financially scarred from COVID—is being further squeezed while capital markets continue to reward those who already have assets. Whether and how that tension resolves is left as an open and uncomfortable question. Learn more about Formidable Asset Management, Will Brown, and Adam Eagleston by visiting www.formidableam.com.

    Hacker News Recap
    February 23rd, 2026 | The Age Verification Trap: Verifying age undermines everyone's data protection

    Hacker News Recap

    Play Episode Listen Later Feb 24, 2026 15:01


    This is a recap of the top 10 posts on Hacker News on February 23, 2026. This podcast was generated by wondercraft.ai (00:30): The Age Verification Trap: Verifying age undermines everyone's data protectionOriginal post: https://news.ycombinator.com/item?id=47122715&utm_source=wondercraft_ai(01:55): Ladybird adopts Rust, with help from AIOriginal post: https://news.ycombinator.com/item?id=47120899&utm_source=wondercraft_ai(03:21): Americans are destroying Flock surveillance camerasOriginal post: https://news.ycombinator.com/item?id=47127081&utm_source=wondercraft_ai(04:47): Elsevier shuts down its finance journal citation cartelOriginal post: https://news.ycombinator.com/item?id=47119530&utm_source=wondercraft_ai(06:12): Pope tells priests to use their brains, not AI, to write homiliesOriginal post: https://news.ycombinator.com/item?id=47119210&utm_source=wondercraft_ai(07:38): Binance fired employees who found $1.7B in crypto was sent to IranOriginal post: https://news.ycombinator.com/item?id=47127396&utm_source=wondercraft_ai(09:04): Hetzner (European hosting provider) to increase prices by up to 38%Original post: https://news.ycombinator.com/item?id=47121029&utm_source=wondercraft_ai(10:29): Magical Mushroom – Europe's first industrial-scale mycelium packaging producerOriginal post: https://news.ycombinator.com/item?id=47119274&utm_source=wondercraft_ai(11:55): FreeBSD doesn't have Wi-Fi driver for my old MacBook, so AI built one for meOriginal post: https://news.ycombinator.com/item?id=47129361&utm_source=wondercraft_ai(13:21): ASML unveils EUV light source advance that could yield 50% more chips by 2030Original post: https://news.ycombinator.com/item?id=47125349&utm_source=wondercraft_aiThis is a third-party project, independent from HN and YC. Text and audio generated using AI, by wondercraft.ai. Create your own studio quality podcast with text as the only input in seconds at app.wondercraft.ai. Issues or feedback? We'd love to hear from you: team@wondercraft.ai

    Crafted
    "I just want AI to replace me as a scientist" | The co-founder of Diagnostic Robotics predicts the future

    Crafted

    Play Episode Listen Later Feb 24, 2026 38:47


    Of all the industries AI will transform, Kira Radinsky believes chemistry and biology will change the most. Kira is the co-founder and CTO of Diagnostic Robotics, which uses AI to automate the administrative work that's crushing healthcare teams — so clinicians can actually focus on patients. She's also the co-founder of Mana.bio, where they're accelerating drug discovery by orders of magnitude.She'll tell you she's terrible in the lab. Not because she isn't brilliant, but because she can't pipette without killing the cells. So she's thrilled that thanks to her skills in data and AI she was able to realize her childhood dream of being a scientist: “I'm not trying to automate everything… Like when, when you say automate drug discovery, I'm not gonna discover everything. I just want to accelerate it, which comes back to my childhood dream: I just didn't want to do it myself. I just want AI to replace me as a scientist. That's it.”But this episode is about more than healthcare. It's about how to build systems that get smarter over time — feedback loops, causal inference, incentivizing algorithms to take risks, and knowing when to optimize for ROI instead of accuracy. Lessons that apply whether you're building in biotech or not.We cover:How growing up Jewish in Soviet Ukraine — and fleeing to Israel just before the Gulf War — shaped Kira's obsession with predicting the futureHow she built a system that successfully predicted real-world events, including Cuba's first cholera outbreak in Cuba in 130 yearsHow Mana.bio is using AI to build "rocketships" that deliver drugs to the right cells — and how they've done in three months what used to take 20 yearsWhy predictions are only valuable if there's something you can do about them — and why that makes healthcare an ideal field for AI How to incentivize algorithms to make bolder predictions (it's easy to predict there won't be an earthquake today; it's much harder to say there will be)Why causal inference is the most underrated tool in machine learning right nowHow healthcare AI can perpetuate racial bias — and what builders need to do differentlyNote: this interview originally aired in October 2024. Chapters:(01:44) - Why predictions are so important to Kira: lessons from fleeing Soviet-era Kyiv (05:10) - Building a prediction engine from 150 years of news (08:35) - How Kira predicted the Cuba cholera outbreak (09:50) - Returning to biology by way of data (12:50) - Predicting healthcare outcomes by finding your patient's twin (17:53) - The racial bias hiding in healthcare AI (19:15) - Building Mana.bio and accelerating drug discovery (24:33) - "In three months, what did what used to take 20 years" (31:44) - Builder tips: ROI, causal inference, and teaching algorithms to explore (35:07) - Planning: Where generative AI needs improve Links & Resources:Kira Radinsky on LinkedInDiagnostic RoboticsMana.bioSupport Future Around & Find OutGet the free newsletterAnd consider becoming a paid subscriber and help future proof this thing!Sponsor the show? Are you looking to reach an audience of senior technologists and decision-makers? Email me: dan@modernproductminds.com---Music by Jonathan Zalben

    CNBC Business News Update
    Market Close: Stocks Higher, Software Shares Rebound From Monday's Losses, New 10% Global Tariffs Take Effect 2/24/26

    CNBC Business News Update

    Play Episode Listen Later Feb 24, 2026 3:53


    From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

    Mostly Technical
    121: Let Ian Cook

    Mostly Technical

    Play Episode Listen Later Feb 24, 2026 82:12


    Ian and Aaron discuss Ian shipping (!) the HelpSpot website and cooking on Outro, Aaron's complete overhaul of Solo, why it's nice to have a wife, and so much more.Register today for the Mostly Technical Pre-Party at Laracon EU.Sponsored by SavvyCal Appointments, Bento, Laravel Private Cloud, IttyBit, Ray by Spatie, and Redberry.Interested in sponsoring Mostly Technical?  Head to https://mostlytechnical.com/sponsor to learn more.(00:00) - Hell Week 3 (12:01) - The Haters Were Right (22:09) - Ian Shipped! (27:09) - Does Aaron Know Who Snoop Is? (32:29) - Cooking On Outro (46:17) - Counselors Update (01:05:28) - The Learning Skill (01:16:47) - It's Nice To Have A Wife (01:19:23) - Gamification of Software Links:OpenCodeXterm.jsWill KingJason BeggsHelpSpotOutroSoloCounselors

    Stock Market Today With IBD
    Tech Rally Led By Software, Chip Stocks; SiTime, Alcoa, Construction Partners In Focus

    Stock Market Today With IBD

    Play Episode Listen Later Feb 24, 2026 21:25


    Alissa Coram and Ken Shreve walk through Tuesday's market action and discuss key stocks to watch in Stock Market Today. Learn more about your ad choices. Visit megaphone.fm/adchoices

    OHNE AKTIEN WIRD SCHWER - Tägliche Börsen-News
    “50% Rendite in Südafrika - erst der Anfang?" - Novo Nordisk, PayPal & Hidden-Gem

    OHNE AKTIEN WIRD SCHWER - Tägliche Börsen-News

    Play Episode Listen Later Feb 24, 2026 13:28


    Wie steht's um deine Altersvorsorge? Kannst du dir jetzt bei Scalable Capital kostenlos ausrechnen: Mehr dazu hier. Zoll-Chaos drückt Märkte, Gold & China steigen. Wintersturm legt Airlines lahm. Software stürzt weiter. PayPal springt nach Übernahmegerücht. Gilead x Arcellx. Novo Nordisk crasht. Enel investiert. Lambo will kein E-Auto. IQM will an Börse. 20% Wachstum pro Jahr mit simplen Rohrverbindern? Reliance Worldwide (WKN: A2AHE7) dominiert mit der Marke SharkBite 85% des US-Marktes und ist das „Tesa“ der Klempner-Branche. 50% Rendite gab's für Südafrikas Leitindex letztes Jahr. Trotz 31% Arbeitslosigkeit. Wir schauen uns an, welche Rolle Player wie Shoprite (WKN: 853202), Capitec (WKN: 779555) oder Remgro (WKN: 578937) dabei spielen. Diesen Podcast vom 24.02.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

    Progressive Dairy Podcast
    Using herd management software with producer Steve Harnish

    Progressive Dairy Podcast

    Play Episode Listen Later Feb 24, 2026 29:17


    In this digital age, how are dairy producers making numbers work for them? Host Matti McBride chats with Pennsylvania dairy farmer Steve Harnish in this Progressive Dairy Podcast episode. Learn about Harnish's dairy, which software reports he values and how he uses them to manage his herd.  Here is the episode breakdown: 1:00 – Rapid-fire questions3:00 – About the dairy7:15 – System operations9:30 – How Harnish manages workflow14:15 – Daily reports18:00 – Points of improvement20:30 – Seeing results from positive changes25:25 – Making decisions from data

    Mission Money
    Vergesst den Zoll-Zirkus & das ist Schreckgespenst für Software-Aktien

    Mission Money

    Play Episode Listen Later Feb 24, 2026 23:58


    Heute ist Dienstag, der 24. Februar und Peter Bloed und Johannes Bauer sprechen darüber, warum ihr den Zoll-Zirkus getrost ignorieren könnt, enttäuschende Ausblicke von FMC und MTU und das Schreckgespenst der Börsenstunde, Anthropic. ------ Ihr habt Fragen, schreibt uns an: missionmoney@focus-money.de Alle wichtigen Links: https://wonderl.ink/@mission_money

    Kodsnack
    Kodsnack 691 - Skriv bara koden du behöver

    Kodsnack

    Play Episode Listen Later Feb 24, 2026 55:38


    Fredrik river av en länklista, och snackar om fascination för språkmodeller, ansvar som utvecklare, jobb på 8k pixlar, vad man lär sig med tiden, och ganska mycket mer. Som inledning diskuterar han två blogginlägg med lärdomar av tio år som engineering manager respektive utvecklare. Minns du några tydliga åsiktsändringar du gjort under din tid som utvecklare? Berätta! Därefter funderar han över hur Apple tappat sin magi på sistone, och till och med för honom som långvarig användare mest känns som det företag som tillverkar trevlig hårdvara och sakta tappar greppet om allt annat. Sedan pratar han om det oväntat trevliga i att jobba på två 4k-skärmar - med skarven mitt i synfältet dessutom! Andra halvan av avsnittet kretsar kring språkmodeller, utvecklaransvar, och arkitektur. Och den intressanta boken Resisting AI som går igenom många av de problem och problematiska synsätt som finns inbyggda i modellerna vi använder som om de var någon sorts neutrala verktyg. (Varning: köp den inte som e-bok i Glassboxx!) Varför blir folk så uppslukade, kan man tänka på modellerna som automatisering av implementation, och vad har Steve Yegge lyft för en bra poäng på sistone? Som avslutning och uppmuntran: En trevlig video med Dylan Beattie om CSS. Ett stort tack till Cloudnet som sponsrar vår VPS! Har du kommentarer, frågor eller tips? Vi är @kodsnack, @thieta, @krig, och @bjoreman på Mastodon, har en sida på Facebook och epostas på info@kodsnack.se om du vill skriva längre. Vi läser allt som skickas. Gillar du Kodsnack får du hemskt gärna recensera oss i iTunes! Du kan också stödja podden genom att ge oss en kaffe (eller två!) på Ko-fi, eller handla något i vår butik. Länkar Jampa/Joao Uchoa Things I've learned in my 10 years as an engineering manager jampa.dev Wardriving Wardriving for a place to live Software development topics I've changed my mind on after 10 years in the industry Chris Kiehl Lärdomarna efter sex år Komplext och komplicerat Monad Query planner How to influence query planning in Postgresql - "the query planner is a harsh mistress" John Siracusa ATP Mysql ORM SQL Liquid glass Macos Tahoe Podcast chapters SRT Descript Voxicon - ett märke vars skärmar Fredrik inte haft tur med på jobbet Barry O'Reilly Kodsnack med Barry, och det om hans artikel med starar där bilden till bokens omslag var med Barrys inlägg om boken på Linkedin Leanpub Procreate Repobar Openclaw Peter Steinberger Peter pratar PSPDFKit i Swift by Sundell från 2018 Steinberger nu en del av Openai Chris Lattner Chris Lattner om språkmodeller och framtiden Clojure Clojureteamet och språkmodeller Steve Yegge Artikeln där Steve uppmanar till återhämtning En av Steves gamla bloggtexter Gas town 4D Resisting AI av Dan McQuillan En artikel om hur oväntat stor spridning Resisting AI fått Glassboxx - rekommenderas ej Calibre Dylan Beattie Rockstar Avsnittet med Dylan Beattie Dylan Beattie om CSS Titlar Målet med en engineering manager (Vem vet) Hur en amerikan sätter upp sitt datumformat Saker jag inte har bytt åsikt om Sedan är det absolut inte enkelt längre (Långt) Innan en enda rad kod skrivs Blind hängivenhet till vad som helst Skriv bara koden du behöver Mikrotjänster kräver motivering En offermaskin I vägen och suddigt Vänta ut Tahoe Till höger om utvecklarverktygen När skarven är i mitten Min flock med starar En annan flik När jag kom tillbaka till den fliken Oansvarighetsgrejen Nu kan vi släppa koden Fokusera på arkitektur Automatiserande av implementation En väg till pålitlig automatisering Tankesteget i sidled Från noll till rörelse I en loop med en robot Ett slutet kretslopp Den perfekta processen Ta oss utrymmet att andas Algoritmerna låser fast det förflutna

    Wall Street mit Markus Koch
    KI grillt Software | Spannung im Markt | AMD stark

    Wall Street mit Markus Koch

    Play Episode Listen Later Feb 24, 2026 31:32


    US-Futures liegen am Dienstag leicht im Plus: Dow +0,3%, S&P 500 +0,2%, Nasdaq 100 +0,4% – nach dem kräftigen Abverkauf zum Wochenstart. Treiber ist AMD: +11% vorbörslich nach einem Mehrjahresdeal mit Meta, der bis zu 6 Gigawatt GPU-Kapazität für KI-Rechenzentren plus einen erfolgsabhängigen Warrant über bis zu 160 Mio. Aktien umfasst. Am Montag hatten KI-Disruptionsängste, Trumps Zoll-Drohung (10% global bereits in Kraft, 15% im Gespräch) und Iran-Spannungen die Indizes gedrückt; der Dow verlor über 800 Punkte, IBM -13%. Im Fokus bleibt heute ein Anthropic-Event: Anleger wollen vor neuen KI-Produktnews „nicht zu clever“ positioniert sein – daher zuletzt Druck auf Software- und Cybersecurity-Werte. Ein Podcast - featured by Handelsblatt. ► Mehr Einblicke: https://bit.ly/360wallstreetpc * Impressum: https://www.360wallstreet.de/impressum *Werbung

    Stanford Brown's Market Insights
    SB Talks: SCOTUS Rules and Software Cools

    Stanford Brown's Market Insights

    Play Episode Listen Later Feb 24, 2026 16:42


    In this episode of SB Talks, CEO Vincent O'Neill and CIO Nick Ryder unpack a landmark US Supreme Court ('SCOTUS') ruling that strikes down key Trump-era tariffs, causing trade uncertainty once again. They explore what softer US Q4 GDP numbers really say about the economy, cutting through shutdown noise to assess the health of the consumer, inflation, and interest rate expectations. The conversation then turns to AI's accelerating disruption - separating winners from losers across software, equity markets, and private credit. With uncertainty rising but fundamentals holding, the episode offers a grounded, cautiously optimistic take on how investors can navigate a rapidly shifting landscape.   Music provided by: Autumn Trumpet Background Corporate by LesFM | https://lesfm.net/ Music promoted by https://www.chosic.com/free-music/all/ Creative Commons CC BY 3.0 https://creativecommons.org/licenses/by/3.0/

    The John Batchelor Show
    S8 Ep499: Jonathan Pelson proposes using Open RAN and Western strengths in cloud technology and software to break Huawei's dominance through permissionless innovation and diverse ecosystems challenging Chinese telecommunications monopoly. 4

    The John Batchelor Show

    Play Episode Listen Later Feb 23, 2026 8:59


    Jonathan Pelson proposes using Open RAN and Western strengths in cloud technology and software to break Huawei'sdominance through permissionless innovation and diverse ecosystems challenging Chinese telecommunications monopoly. 4

    WSJ Tech News Briefing
    TNB Tech Minute: Investors Keep Selling Off Software Stocks

    WSJ Tech News Briefing

    Play Episode Listen Later Feb 23, 2026 2:34


    Plus: Financial stocks also take a hit. And Anthropic accuses three Chinese companies of siphoning data from Claude. Julie Chang hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

    Python Bytes
    #470 A Jolting Episode

    Python Bytes

    Play Episode Listen Later Feb 23, 2026 25:29 Transcription Available


    Topics covered in this episode: Better Python tests with inline-snapshot jolt Battery intelligence for your laptop Markdown code formatting with ruff act - run your GitHub actions locally Extras Joke Watch on YouTube About the show Sponsored by us! Support our work through: Our courses at Talk Python Training The Complete pytest Course Patreon Supporters Connect with the hosts Michael: @mkennedy@fosstodon.org / @mkennedy.codes (bsky) Brian: @brianokken@fosstodon.org / @brianokken.bsky.social Show: @pythonbytes@fosstodon.org / @pythonbytes.fm (bsky) Join us on YouTube at pythonbytes.fm/live to be part of the audience. Usually Monday at 11am PT. Older video versions available there too. Finally, if you want an artisanal, hand-crafted digest of every week of the show notes in email form? Add your name and email to our friends of the show list, we'll never share it. Brian #1: Better Python tests with inline-snapshot Alex Hall, on Pydantic blog Great for testing complex data structures Allows you to write a test like this: from inline_snapshot import snapshot def test_user_creation(): user = create_user(id=123, name="test_user") assert user.dict() == snapshot({}) Then run pytest --inline-snapshot=fix And the library updates the test source code to look like this: def test_user_creation(): user = create_user(id=123, name="test_user") assert user.dict() == snapshot({ "id": 123, "name": "test_user", "status": "active" }) Now, when you run the code without “fix” the collected data is used for comparison Awesome to be able to visually inspect the test data right there in the test code. Projects mentioned inline-snapshot pytest-examples syrupy dirty-equals executing Michael #2: jolt Battery intelligence for your laptop Support for both macOS and Linux Battery Status — Charge percentage, time remaining, health, and cycle count Power Monitoring — System power draw with CPU/GPU breakdown Process Tracking — Processes sorted by energy impact with color-coded severity Historical Graphs — Track battery and power trends over time Themes — 10+ built-in themes with dark/light auto-detection Background Daemon — Collect historical data even when the TUI isn't running Process Management — Kill energy-hungry processes directly Brian #3: Markdown code formatting with ruff Suggested by Matthias Schoettle ruff can now format code within markdown files Will format valid Python code in code blocks marked with python, py, python3 or py3. Also recognizes pyi as Python type stub files. Includes the ability to turn off formatting with comment [HTML_REMOVED] , [HTML_REMOVED] blocks. Requires preview mode [tool.ruff.lint] preview = true Michael #4: act - run your GitHub actions locally Run your GitHub Actions locally! Why would you want to do this? Two reasons: Fast Feedback - Rather than having to commit/push every time you want to test out the changes you are making to your .github/workflows/ files (or for any changes to embedded GitHub actions), you can use act to run the actions locally. The environment variables and filesystem are all configured to match what GitHub provides. Local Task Runner - I love make. However, I also hate repeating myself. With act, you can use the GitHub Actions defined in your .github/workflows/ to replace your Makefile! When you run act it reads in your GitHub Actions from .github/workflows/ and determines the set of actions that need to be run. Uses the Docker API to either pull or build the necessary images, as defined in your workflow files and finally determines the execution path based on the dependencies that were defined. Once it has the execution path, it then uses the Docker API to run containers for each action based on the images prepared earlier. The environment variables and filesystem are all configured to match what GitHub provides. Extras Michael: Winter is coming: Frozendict accepted Django ORM stand-alone Command Book app announcement post Joke: Plug ‘n Paste

    Nightly Business Report
    Tariff Turmoil, Software Sell-Off, and the Old Economy's Revenge 2/23/26

    Nightly Business Report

    Play Episode Listen Later Feb 23, 2026 43:07


    The Supreme Court struck down Trump's tariffs, but the president is warning countries to not back off from trade deals. Further AI disruption could lead to another round of software destruction. Plus, Carlyle's Jeff Currie breaks down the other capex cycle quietly brewing. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

    The InfoQ Podcast
    Software Evolution with Microservices and LLMs: A Conversation with Chris Richardson

    The InfoQ Podcast

    Play Episode Listen Later Feb 23, 2026 54:33


    In this podcast, Michael Stiefel spoke with Chris Richardson about using microservices to modernize software applications and the use of artificial intelligence in software architecture. We first discussed the problems of monolithic enterprise software and how to use microservices to evolve them to enable fast flow - the ability to achieve rapid software delivery. The discussion also focused on some of the key problems in accomplishing this. We also discussed how greenfield development fails because you can wait years for your product to be validated in a rapidly changing business environment. Then the discussion focused on the problems using generative artificial intelligence in understanding an existing code base as well as the usefulness of artificial intelligence in architecting systems. Read a transcript of this interview: https://bit.ly/4qQpkbb Subscribe to the Software Architects' Newsletter for your monthly guide to the essential news and experience from industry peers on emerging patterns and technologies: https://www.infoq.com/software-architects-newsletter Upcoming Events: QCon London 2026 (March 16-19, 2026) QCon London equips senior engineers, architects, and technical leaders with trusted, practical insights to lead the change in software development. Get real-world solutions and leadership strategies from senior software practitioners defining current trends and solving today's toughest software challenges. https://qconlondon.com/ QCon AI Boston 2026 (June 1-2, 2026) Learn how real teams are accelerating the entire software lifecycle with AI. https://boston.qcon.ai QCon San Francisco 2026 (November 16-20, 2026) https://qconsf.com/ The InfoQ Podcasts: Weekly inspiration to drive innovation and build great teams from senior software leaders. Listen to all our podcasts and read interview transcripts: - The InfoQ Podcast https://www.infoq.com/podcasts/ - Engineering Culture Podcast by InfoQ https://www.infoq.com/podcasts/#engineering_culture - Generally AI: https://www.infoq.com/generally-ai-podcast/ Follow InfoQ: - Mastodon: https://techhub.social/@infoq - X: https://x.com/InfoQ?from=@ - LinkedIn: https://www.linkedin.com/company/infoq/ - Facebook: https://www.facebook.com/InfoQdotcom# - Instagram: https://www.instagram.com/infoqdotcom/?hl=en - Youtube: https://www.youtube.com/infoq - Bluesky: https://bsky.app/profile/infoq.com Write for InfoQ: Learn and share the changes and innovations in professional software development. - Join a community of experts. - Increase your visibility. - Grow your career. https://www.infoq.com/write-for-infoq

    Millennial Investing - The Investor’s Podcast Network
    TIVP060: Constellation Software (CSU): Historic Drawdown, Historic Buying Opportunity w/ Daniel Mahncke & Shawn O'Malley

    Millennial Investing - The Investor’s Podcast Network

    Play Episode Listen Later Feb 22, 2026 87:11


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