Podcasts about Gerald Loeb Award

Much has been made of the hallucinatory qualities of OpenAI's ChatGPT product. But as the Wall Street Journal's resident authority on OpenAI, Keach Hagey notes, perhaps the most hallucinatory feature the $300 billion start-up co-founded by the deadly duo of Sam Altman and Elon Musk is its attempt to be simultaneously a for-profit and non-profit company. As Hagey notes, the double life of this double company reached a surreal climax this week when Altman announced that OpenAI was abandoning its promised for-profit conversion. So what, I asked Hagey, are the implications of this corporate volte-face for investors who have poured billions of real dollars into the non-profit in order to make a profit? Will they be Waiting For Godot to get their returns?As Hagey - whose excellent biography of Altman, The Optimist, is out in a couple of weeks - explains, this might be the story of the hubristic 2020's. She speaks of Altman's astonishingly (even for Silicon Valley) hubris in believing that he can get away with the alchemic conceit of inventing a multi trillion dollar for-profit non-profit company. Yes, you can be half-pregnant, Sam is promising us. But, as she warns, at some point this will be exposed as fantasy. The consequences might not exactly be another Enron or FTX, but it will have ramifications way beyond beyond Silicon Valley. What will happen, for example, if future investors aren't convinced by Altman's fantasy and OpenAI runs out of cash? Hagey suggests that the OpenAI story may ultimately become a political drama in which a MAGA President will be forced to bail out America's leading AI company. It's TikTok in reverse (imagine if Chinese investors try to acquire OpenAI). Rather than the conveniently devilish Elon Musk, my sense is that Sam Altman is auditioning to become the real Jay Gatsby of our roaring twenties. Last month, Keach Hagey told me that Altman's superpower is as a salesman. He can sell anything to anyone, she says. But selling a non-profit to for-profit venture capitalists might even be a bridge too far for Silicon Valley's most hallucinatory optimist. Five Key Takeaways * OpenAI has abandoned plans to convert from a nonprofit to a for-profit structure, with pressure coming from multiple sources including attorneys general of California and Delaware, and possibly influenced by Elon Musk's opposition.* This decision will likely make it more difficult for OpenAI to raise money, as investors typically want control over their investments. Despite this, Sam Altman claims SoftBank will still provide the second $30 billion chunk of funding that was previously contingent on the for-profit conversion.* The nonprofit structure creates inherent tensions within OpenAI's business model. As Hagey notes, "those contradictions are still there" after nearly destroying the company once before during Altman's brief firing.* OpenAI's leadership is trying to position this as a positive change, with plans to capitalize the nonprofit and launch new programs and initiatives. However, Hagey notes this is similar to what Altman did at Y Combinator, which eventually led to tensions there.* The decision is beneficial for competitors like XAI, Anthropic, and others with normal for-profit structures. Hagey suggests the most optimistic outcome would be OpenAI finding a way to IPO before "completely imploding," though how a nonprofit-controlled entity would do this remains unclear.Keach Hagey is a reporter at The Wall Street Journal's Media and Marketing Bureau in New York, where she focuses on the intersection of media and technology. Her stories often explore the relationships between tech platforms like Facebook and Google and the media. She was part of the team that broke the Facebook Files, a series that won a George Polk Award for Business Reporting, a Gerald Loeb Award for Beat Reporting and a Deadline Award for public service. Her investigation into the inner workings of Google's advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. She is the author of “The King of Content: Sumner Redstone's Battle for Viacom, CBS and Everlasting Control of His Media Empire,” published by HarperCollins. Before joining the Journal, Keach covered media for Politico, the National in Abu Dhabi, CBS News and the Village Voice. She has a bachelor's and a master's in English literature from Stanford University. She lives in Irvington, N.Y., with her husband, three daughters and dog.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Full TranscriptAndrew Keen: Hello, everybody. It is May the 6th, a Tuesday, 2025. And the tech media is dominated today by OpenAI's plan to convert its for-profit business to a non-profit side. That's how the Financial Times is reporting it. New York Times says that OpenAI, and I'm quoting them, backtracks on plans to drop nonprofit control and the Wall Street Journal, always very authoritative on the tech front, leads with Open AI abandons planned for profit conversion. The Wall Street Journal piece is written by Keach Hagey, who is perhaps America's leading authority on OpenAI. She was on the show a couple of months ago talking about Sam Altman's superpower which is as a salesman. Keach is also the author of an upcoming book. It's out in a couple weeks, "The Optimist: Sam Altman, OpenAI and the Race to Invent the Future." And I'm thrilled that Keach has been remarkably busy today, as you can imagine, found a few minutes to come onto the show. So, Keach, what is Sam selling here? You say he's a salesman. He's always selling something or other. What's the sell here?Keach Hagey: Well, the sell here is that this is not a big deal, right? The sell is that, this thing they've been trying to do for about a year, which is to make their company less weird, it's not gonna work. And as he was talking to the press yesterday, he was trying to suggest that they're still gonna be able to fundraise, that these folks that they promised that if you give us money, we're gonna convert to a for-profit and it's gonna be much more normal investment for you, but they're gonna get that money, which is you know, a pretty tough thing. So that's really, that's what he's selling is that this is not disruptive to the future of OpenAI.Andrew Keen: For people who are just listening, I'm looking at Keach's face, and I'm sensing that she's doing everything she can not to burst out laughing. Is that fair, Keach?Keach Hagey: Well, it'll remain to be seen, but I do think it will make it a lot harder for them to raise money. I mean, even Sam himself said as much during the talk yesterday that, you know, investors would like to be able to have some say over what happens to their money. And if you're controlled by a nonprofit organization, that's really tough. And what they were trying to do was convert to a new world where investors would have a seat at the table, because as we all remember, when Sam got briefly fired almost two years ago. The investors just helplessly sat on the sidelines and didn't have any say in the matter. Microsoft had absolutely no role to play other than kind of cajoling and offering him a job on the sidelines. So if you're gonna try to raise money, you really need to be able to promise some kind of control and that's become a lot harder.Andrew Keen: And the ramifications more broadly on this announcement will extend to Microsoft and Microsoft stock. I think their stock is down today. We'll come to that in a few minutes. Keach, there was an interesting piece in the week, this week on AI hallucinations are getting worse. Of course, OpenAI is the dominant AI company with their ChatGPT. But is this also kind of hallucination? What exactly is going on here? I have to admit, and I always thought, you know, I certainly know more about tech than I do about other subjects, which isn't always saying very much. But I mean, either you're a nonprofit or you're a for-profit, is there some sort of hallucinogenic process going on where Sam is trying to sell us on the idea that OpenAI is simultaneously a for profit and a nonprofit company?Keach Hagey: Well, that's kind of what it is right now. That's what it had sort of been since 2019 or when it spun up this strange structure where it had a for-profit underneath a nonprofit. And what we saw in the firing is that that doesn't hold. There's gonna come a moment when those two worlds are going to collide and it nearly destroyed the company. To be challenging going forward is that that basic destabilization that like unstable structure remains even though now everything is so much bigger there's so much more money coursing through and it's so important for the economy. It's a dangerous position.Andrew Keen: It's not so dangerous, you seem still faintly amused. I have to admit, I'm more than faintly amused, it's not too bothersome for us because we don't have any money in OpenAI. But for SoftBank and the other participants in the recent $40 billion round of investment in OpenAI, this must be, to say the least, rather disconcerting.Keach Hagey: That was one of the biggest surprises from the press conference yesterday. Sam Altman was asked point blank, is SoftBank still going to give you this sort of second chunk, this $30 billion second chunk that was contingent upon being able to convert to a for-profit, and he said, quite simply, yes. Who knows what goes on in behind the scenes? I think we're gonna find out probably a lot more about that. There are many unanswered questions, but it's not great, right? It's definitely not great for investors.Andrew Keen: Well, you have to guess at the very minimum, SoftBank would be demanding better terms. They're not just going to do the same thing. I mean, it suddenly it suddenly gives them an additional ace in their hand in terms of negotiation. I mean this is not some sort of little startup. This is 30 or 40 billion dollars. I mean it's astonishing number. And presumably the non-public conversations are very interesting. I'm sure, Keach, you would like to know what's being said.Keach Hagey: Don't know yet, but I think your analysis is pretty smart on this matter.Andrew Keen: So if you had to guess, Sam is the consummate salesman. What did he tell SoftBank before April to close the round? And what is he telling them now? I mean, how has the message changed?Keach Hagey: One of the things that we see a little bit about this from the messaging that he gave to the world yesterday, which is this is going to be a simpler structure. It is going to be slightly more normal structure. They are changing the structure a little bit. So although the non-profit is going to remain in charge, the thing underneath it, the for-profit, is going change its structure a little bit and become kind of a little more normal. It's not going to have this capped profit thing where, you know, the investors are capped at 100 times what they put in. So parts of it are gonna become more normal. For employees, it's probably gonna be easier for them to get equity and things like that. So I'm sure that that's part of what he's selling, that this new structure is gonna be a little bit better, but it's not gonna be as good as what they were trying to do.Andrew Keen: Can Sam? I mean, clearly he has sold it. I mean as we joked earlier when we talked, Sam could sell ice to the Laplanders or sand to the Saudis. But these people know Sam. It's no secret that he's a remarkable salesman. That means that sometimes you have to think carefully about what he's saying. What's the impact on him? To what extent is this decision one more chip on the Altman brand?Keach Hagey: It's a setback for sure, and it's kind of a win for Elon Musk, his rival.Andrew Keen: Right.Keach Hagey: Elon has been suing him, Elon has been trying to block this very conversion. And in the end, it seems like it was actually the attorneys general of California and Delaware that really put the nail in the coffin here. So there's still a lot to find out about exactly how it all shook out. There were actually huge campaigns as well, like in the streets, billboards, posters. Polls saying, trying to put pressure on the attorney general to block this thing. So it was a broad coalition, I think, that opposed the conversion, and you can even see that a little bit in their speech. But you got to admit that Elon probably looked at this and was happy.Andrew Keen: And I'm sure Elon used his own X platform to promote his own agenda. Is this an example, Keach, in a weird kind of way of the plebiscitary politics now of Silicon Valley is that titans like Altman and Musk are fighting out complex corporate economic battles in the naked public of social media.Keach Hagey: Yes, in the naked public of social media, but what we're also seeing here is that it's sort of, it's become through the apparatus of government. So we're seeing, you know, Elon is in the Doge office and this conversion is really happening in the state AG's houses. So that's what's sort interesting to me is these like private fights have now expanded to fill both state and federal government.Andrew Keen: Last time we talked, I couldn't find the photo, but there was a wonderful photo of, I think it was Larry Ellison and Sam Altman in the Oval Office with Trump. And Ellison looked very excited. He looked extremely old as well. And Altman looked very awkward. And it's surprising to see Altman look awkward because generally he doesn't. Has Trump played a role in this or is he keeping out of it?Keach Hagey: As far as my current reporting right now, we have no reporting that Trump himself was directly involved. I can't go further than that right now.Andrew Keen: Meaning that you know something that you're not willing to ignore.Keach Hagey: Just I hope you keep your subscription to the Wall Street Journal on what role the White House played, I would say. But as far as that awkwardness, I don't know if you noticed that there was a box that day for Masa Yoshison to see.Andrew Keen: Oh yeah, and Son was in the office too, right, that was the third person.Keach Hagey: So it was a box in the podium, which I think contributed to the awkwardness of the day, because he's not a tall man.Andrew Keen: Right. To put it politely. The way that OpenAI spun it, in classic Sam Altman terms, is new funding to build towards AGI. So it's their Altman-esque use of the public to vindicate this new investment, is this just more quote unquote, and this is my word. You don't have to agree with it. Just sales pitch or might even be dishonesty here. I mean, the reality is, is new funding to build towards AGI, which is, artificial general intelligence. It's not new funding, to build toward AGI. It's new funding to build towards OpenAI, there's no public benefit of any of this, is there?Keach Hagey: Well, what they're saying is that the nonprofit will be capitalized and will sort of be hiring up and doing a bunch more things that it wasn't really doing. We'll have programs and initiatives and all of that. Which really, as someone who studied Sam's life, this sounds really a lot like what he did at Y Combinator. When he was head of Y Combinator, he also spun up a nonprofit arm, which is actually what OpenAI grew out of. So I think in Sam's mind, a nonprofit there's a place to go. Sort of hash out your ideas, it's a place to kind of have pet projects grow. That's where he did things like his UBI study. So I can sort of see that once the AGs are like, this is not gonna happen, he's like, great, we'll just make a big nonprofit and I'll get to do all these projects I've always wanted to do.Andrew Keen: Didn't he get thrown out of Y Combinator by Paul Graham for that?Keach Hagey: Yes, a little bit. You know, I would say there's a general mutiny for too much of that kind of stuff. Yeah, it's true. People didn't love it, and they thought that he took his eye off the ball. A little bit because one of those projects became OpenAI, and he became kind of obsessed with it and stopped paying attention. So look, maybe OpenAI will spawn the next thing, right? And he'll get distracted by that and move on.Andrew Keen: No coincidence, of course, that Sam went on to become a CEO of OpenAI. What does it mean for the broader AI ecosystem? I noted earlier you brought up Microsoft. I mean, I think you've already written on this and lots of other people have written about the fact that the relationship between OpenAI and Microsoft has cooled dramatically. As well as between Nadella and Altman. What does this mean for Microsoft? Is it a big deal?Keach Hagey: They have been hashing this out for months. So it is a big deal in that it will change the structure of their most important partner. But even before this, Microsoft and OpenAI were sort of locked in negotiations over how large and how Microsoft's stake in this new OpenAI will be valued. And that still has to be determined, regardless of whether it's a non-profit or a for-profit in charge. And their interests are diverging. So those negotiations are not as warm as they maybe would have been a few years ago.Andrew Keen: It's a form of polyamory, isn't it? Like we have in Silicon Valley, everyone has sex with everybody else, to put it politely.Keach Hagey: Well, OpenAI does have a new partner in Oracle. And I would expect them to have many more in terms of cloud computing partners going forward. It's just too much risk for any one company to build these huge and expensive data centers, not knowing that OpenAI is going to exist in a certain number of years. So they have to diversify.Andrew Keen: Keach, you know, this is amusing and entertaining and Altman is a remarkable individual, able to sell anything to anyone. But at what point are we really on the Titanic here? And there is such a thing as an iceberg, a real thing, whatever Donald Trump or other manufacturers of ontologies might suggest. At some point, this thing is going to end in a massive disaster.Keach Hagey: Are you talking about the Existence Force?Andrew Keen: I'm not talking about the Titanic, I'm talking about OpenAI. I mean, Parmi Olson, who's the other great authority on OpenAI, who won the FT Book of the Year last year, she's been on the show a couple of times, she wrote in Bloomberg that OpenAI can't have its money both ways, and that's what Sam is trying to do. My point is that we can all point out, excuse me, the contradictions and the hypocrisy and all the rest of it. But there are laws of gravity when it comes to economics. And at a certain point, this thing is going to crash, isn't it? I mean, what's the metaphor? Is it Enron? Is it Sam Bankman-Fried? What kind of examples in history do we need to look at to try and figure out what really is going on here?Keach Hagey: That's certainly one possibility, and there are a good number of people who believe that.Andrew Keen: Believe what, Enron or Sam Bankman-Fried?Keach Hagey: Oh, well, the internal tensions cannot hold, right? I don't know if fraud is even necessary so much as just, we've seen it, we've already seen it happen once, right, the company almost completely collapsed one time and those contradictions are still there.Andrew Keen: And when you say it happened, is that when Sam got pushed out or was that another or something else?Keach Hagey: No, no, that's it, because Sam almost got pushed out and then all of the funders would go away. So Sam needs to be there for them to continue raising money in the way that they have been raising money. And that's really going to be the question. How long can that go on? He's a young man, could go on a very long time. But yeah, I think that really will determine whether it's a disaster or not.Andrew Keen: But how long can it go on? I mean, how long could Sam have it both ways? Well, there's a dream. I mean maybe he can close this last round. I mean he's going to need to raise more than $40 billion. This is such a competitive space. Tens of billions of dollars are being invested almost on a monthly basis. So this is not the end of the road, this $40-billion investment.Keach Hagey: Oh, no. And you know, there's talk of IPO at some point, maybe not even that far away. I don't even let me wrap my mind around what it would be for like a nonprofit to have a controlling share at a public company.Andrew Keen: More hallucinations economically, Keach.Keach Hagey: But I mean, IPO is the exit for investors, right? That's the model, that is the Silicon Valley model. So it's going to have to come to that one way or another.Andrew Keen: But how does it work internally? I mean, for the guys, the sales guys, the people who are actually doing the business at OpenAI, they've been pretty successful this year. The numbers are astonishing. But how is this gonna impact if it's a nonprofit? How does this impact the process of selling, of building product, of all the other internal mechanics of this high-priced startup?Keach Hagey: I don't think it will affect it enormously in the short term. It's really just a question of can they continue to raise money for the enormous amount of compute that they need. So so far, he's been able to do that, right? And if that slows up in any way, they're going to be in trouble. Because as Sam has said many times, AI has to be cheap to be actually useful. So in order to, you know, for it to be widespread, for to flow like water, all of those things, it's got to be cheap and that's going to require massive investment in data centers.Andrew Keen: But how, I mean, ultimately people are putting money in so that they get the money back. This is not a nonprofit endeavor to put 40 billion from SoftBank. SoftBank is not in the nonprofit business. So they're gonna need their money back and the only way they generally, in my understanding, getting money back is by going public, especially with these numbers. How can a nonprofit go public?Keach Hagey: It's a great question. That's what I'm just phrasing. I mean, this is, you know, you talk to folks, this is what's like off in the misty distance for them. It's an, it's a fascinating question and one that we're gonna try to answer this week.Andrew Keen: But you look amused. I'm no financial genius. Everyone must be asking the same question.Keach Hagey: Well, the way that they've said it is that the for-profit will be, will have a, the non-profit will control the for profit and be the largest shareholder in it, but the rest of the shares could be held by public markets theoretically. That's a great question though.Andrew Keen: And lawyers all over the world must be wrapping their hands. I mean, in the very best case, it's gonna be lawsuits on this, people suing them up the wazoo.Keach Hagey: It's absolutely true. You should see my inbox right now. It's just like layers, layers, layer.Andrew Keen: Yeah, my wife. My wife is the head of litigation. I don't know if I should be saying this publicly anyway, I am. She's the head of Litigation at Google. And she lost some of her senior people and they all went over to AI. I'm big, I'm betting that they regret going over there can't be much fun being a lawyer at OpenAI.Keach Hagey: I don't know, I think it'd be great fun. I think you'd have like enormous challenges and have lots of billable hours.Andrew Keen: Unless, of course, they're personally being sued.Keach Hagey: Hopefully not. I mean, look, it is a strange and unprecedented situation.Andrew Keen: To what extent is this, if not Shakespearean, could have been written by some Greek dramatist? To what extend is this symbolic of all the hype and salesmanship and dishonesty of Silicon Valley? And in a sense, maybe this is a final scene or a penultimate scene in the Silicon Valley story of doing good for the world. And yet, of course, reaping obscene profit.Keach Hagey: I think it's a little bit about trying to have your cake and eat it too, right? Trying to have the aura of altruism, but also make something and make a lot of money. And what it seems like today is that if you started as a nonprofit, it's like a black hole. You can never get out. There's no way to get out, and that idea was just like maybe one step too clever when they set it up in the beginning, right. It seemed like too good to be true because it was. And it might end up really limiting the growth of the company.Andrew Keen: Is Sam completely in charge here? I mean, a number of the founders have left. Musk, of course, when you and I talked a couple of months ago, OpenAI came out of conversations between Musk and Sam. Is he doing this on his own? Does he have lieutenants, people who he can rely on?Keach Hagey: Yeah, I mean, he does. He has a number of folks that have been there, you know, a long time.Andrew Keen: Who are they? I mean, do we know their names?Keach Hagey: Oh, sure. Yeah. I mean, like Brad Lightcap and Jason Kwon and, you know, just they're they're Greg Brockman, of course, still there. So there are a core group of executives that have that have been there pretty much from the beginning, close to it, that he does trust. But if you're asking, like, is Sam really in control of this whole thing? I believe the answer is yes. Right. He is on the board of this nonprofit, and that nonprofit will choose the board of the for-profit. So as long as that's the case, he's in charge.Andrew Keen: How divided is OpenAI? I mean, one of the things that came out of the big crisis, what was it, 18 months ago when they tried to push him out, was it was clearly a profoundly divided company between those who believed in the nonprofit mission versus the for-profit mission. Are those divisions still as acute within the company itself? It must be growing. I don't know how many thousands of people work.Keach Hagey: It has grown very fast. It is not as acute in my experience. There was a time when it was really sort of a warring of tribes. And after the blip, as they call it, a lot of those more safety focused people, people that subscribe to effective altruism, left or were kind of pushed out. So Sam took over and kind of cleaned house.Andrew Keen: But then aren't those people also very concerned that it appears as if Sam's having his cake and eating it, having it both ways, talking about the company being a non-profit but behaving as if it is a for-profit?Keach Hagey: Oh, yeah, they're very concerned. In fact, a number of them have signed on to this open letter to the attorneys general that dropped, I don't know, a week and a half ago, something like that. You can see a number of former OpenAI employees, whistleblowers and others, saying this very thing, you know, that the AG should block this because it was supposed to be a charitable mission from the beginning. And no amount of fancy footwork is gonna make it okay to toss that overboard.Andrew Keen: And I mean, in the best possible case, can Sam, the one thing I think you and I talked about last time is Sam clearly does, he's not driven by money. There's something else. There's some other demonic force here. Could he theoretically reinvent the company so that it becomes a kind of AI overlord, a nonprofit AI overlord for our 21st century AI age?Keach Hagey: Wow, well I think he sometimes thinks of it as like an AI layer and you know, is this my overlord? Might be, you know.Andrew Keen: As long as it's not made in China, I hope it's made in India or maybe in Detroit or something.Keach Hagey: It's a very old one, so it's OK. But it's really my attention overlord, right? Yeah, so I don't know about the AI overlord part. Although it's interesting, Sam from the very beginning has wanted there to be a democratic process to control what decision, what kind of AI gets built and what are the guardrails for AGI. As long as he's there.Andrew Keen: As long as he's the one determining it, right?Keach Hagey: We talked about it a lot in the very beginning of the company when things were smaller and not so crazy. And what really strikes me is he doesn't really talk about that much anymore. But what we did just see is some advocacy organizations that kind of function in that exact way. They have voters all over the world and they all voted on, hey, we want you guys to go and try to that ended up having this like democratic structure for deciding the future of AI and used it to kind of block what he was trying to do.Andrew Keen: What are the implications for OpenAI's competitors? There's obviously Anthropic. Microsoft, we talked about a little bit, although it's a partner and a competitor simultaneously. And then of course there's Google. I assume this is all good news for the competition. And of course XAI.Keach Hagey: It is good news, especially for a company like XAI. I was just speaking to an XAI investor today who was crowing. Yeah, because those companies don't have this weird structure. Only OpenAI has this strange nonprofit structure. So if you are an investor who wants to have some exposure to AI, it might just not be worth the headache to deal with the uncertainty around the nonprofit, even though OpenAI is like the clear leader. It might be a better bet to invest in Anthropic or XAI or something else that has just a normal for-profit structure.Andrew Keen: Yeah. And it's hard to actually quote unquote out-Trump, Elon Musk on economic subterfuge. But Altman seems to have done that. I mean, Musk, what he folded X into XAI. It was a little bit of controversy, but he seems to got away with it. So there is a deep hostility between these two men, which I'm assuming is being compounded by this process.Keach Hagey: Absolutely. Again, this is a win for Elon. All these legal cases and Elon trying to buy OpenAI. I remember that bid a few months ago where he actually put a number on it. All that was about trying to block the for-profit conversion because he's trying to stop OpenAI and its tracks. He also claims they've abandoned their mission, but it's always important to note that it's coming from a competitor.Andrew Keen: Could that be a way out of this seeming box? Keach, a company like XAI or Microsoft or Google, or that probably wouldn't happen on the antitrust front, would buy OpenAI as maybe a nonprofit and then transform it into a for-profit company?Keach Hagey: Maybe you and Sam should get together and hash that out. That's the kind ofAndrew Keen: Well Sam, I'm available to be hired if you're watching. I'll probably charge less than your current consigliere. What's his name? Who's the consiglieri who's working with him on this?Keach Hagey: You mean Chris Lehane?Andrew Keen: Yes, Chris Lehane, the ego.Keach Hagey: Um,Andrew Keen: How's Lehane holding up in this? Do you think he's getting any sleep?Keach Hagey: Well, he's like a policy guy. I'm sure this has been challenging for everybody. But look, you are pointing to something that I think is real, which is there will probably be consolidation at some point down the line in AI.Andrew Keen: I mean, I know you're not an expert on the maybe sort of corporate legal stuff, but is it in theory possible to buy a nonprofit? I don't even know how you buy a non-profit and then turn it into a for-profit. I mean is that one way out of this, this cul-de-sac?Keach Hagey: I really don't know the answer to that question, to be honest with you. I can't think of another example of it happening. So I'm gonna go with no, but I don't now.Andrew Keen: There are no equivalents, sorry to interrupt, go on.Keach Hagey: No, so I was actually asking a little bit, are there precedents for this? And someone mentioned Blue Cross Blue Shield had gone from being a nonprofit to a for-profit successfully in the past.Andrew Keen: And we seem a little amused by that. I mean, anyone who uses US health care as a model, I think, might regret it. Your book, The Optimist, is out in a couple of weeks. When did you stop writing it?Keach Hagey: The end of December, end of last year, was pencils fully down.Andrew Keen: And I'm sure you told the publisher that that was far too long a window. Seven months on Silicon Valley is like seven centuries.Keach Hagey: It was actually a very, very tight timeline. They turned it around like incredibly fast. Usually it'sAndrew Keen: Remarkable, yeah, exactly. Publishing is such, such, they're such quick actors, aren't they?Keach Hagey: In this case, they actually were, so I'm grateful for that.Andrew Keen: Well, they always say that six months or seven months is fast, but it is actually possible to publish a book in probably a week or two, if you really choose to. But in all seriousness, back to this question, I mean, and I want everyone to read the book. It's a wonderful book and an important book. The best book on OpenAI out. What would you have written differently? Is there an extra chapter on this? I know you warned about a lot of this stuff in the book. So it must make you feel in some ways quite vindicated.Keach Hagey: I mean, you're asking if I'd had a longer deadline, what would I have liked to include? Well, if you're ready.Andrew Keen: Well, if you're writing it now with this news under your belt.Keach Hagey: Absolutely. So, I mean, the thing, two things, I guess, definitely this news about the for-profit conversion failing just shows the limits of Sam's power. So that's pretty interesting, because as the book was closing, we're not really sure what those limits are. And the other one is Trump. So Trump had happened, but we do not yet understand what Trump 2.0 really meant at the time that the book was closing. And at that point, it looked like Sam was in the cold, you know, he wasn't clear how he was going to get inside Trump's inner circle. And then lo and behold, he was there on day one of the Trump administration sharing a podium with him announcing that Stargate AI infrastructure investment. So I'm sad that that didn't make it into the book because it really just shows the kind of remarkable character he is.Andrew Keen: He's their Zelig, but then we all know what happened to Woody Allen in the end. In all seriousness, and it's hard to keep a straight face here, Keach, and you're trying although you're not doing a very good job, what's going to happen? I know it's an easy question to ask and a hard one to answer, but ultimately this thing has to end in catastrophe, doesn't it? I use the analogy of the Titanic. There are real icebergs out there.Keach Hagey: Look, there could be a data breach. I do think that.Andrew Keen: Well, there could be data breaches if it was a non-profit or for-profit, I mean, in terms of this whole issue of trying to have it both ways.Keach Hagey: Look, they might run out of money, right? I mean, that's one very real possibility. They might run outta money and have to be bought by someone, as you said. That is a totally real possibility right now.Andrew Keen: What would happen if they couldn't raise any more money. I mean, what was the last round, the $40 billion round? What was the overall valuation? About $350 billion.Keach Hagey: Yeah, mm-hmm.Andrew Keen: So let's say that they begin to, because they've got, what are their hard costs monthly burn rate? I mean, it's billions of just.Keach Hagey: Well, the issue is that they're spending more than they are making.Andrew Keen: Right, but you're right. So they, let's say in 18 months, they run out of runway. What would people be buying?Keach Hagey: Right, maybe some IP, some servers. And one of the big questions that is yet unanswered in AI is will it ever economically make sense, right? Right now we are all buying the possibility of in the future that the costs will eventually come down and it will kind of be useful, but that's still a promise. And it's possible that that won't ever happen. I mean, all these companies are this way, right. They are spending far, far more than they're making.Andrew Keen: And that's the best case scenario.Keach Hagey: Worst case scenario is the killer robots murder us all.Andrew Keen: No, what I meant in the best case scenario is that people are actually still without all the blow up. I mean, people are actual paying for AI. I mean on the one hand, the OpenAI product is, would you say it's successful, more or less successful than it was when you finished the book in December of last year?Keach Hagey: Oh, yes, much more successful. Vastly more users, and the product is vastly better. I mean, even in my experience, I don't know if you play with it every day.Andrew Keen: I use Anthropic.Keach Hagey: I use both Claude and ChatGPT, and I mean, they're both great. And I find them vastly more useful today than I did even when I was closing the book. So it's great. I don't know if it's really a great business that they're only charging me $20, right? That's great for me, but I don't think it's long term tenable.Andrew Keen: Well, Keach Hagey, your new book, The Optimist, your new old book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. I hope you're writing a sequel. Maybe you should make it The Pessimist.Keach Hagey: I think you might be the pessimist, Andrew.Andrew Keen: Well, you're just, you are as pessimistic as me. You just have a nice smile. I mean, in all reality, what's the most optimistic thing that can come out of this?Keach Hagey: The most optimistic is that this becomes a product that is actually useful, but doesn't vastly exacerbate inequality.Andrew Keen: No, I take the point on that, but in terms of this current story of this non-profit versus profit, what's the best case scenario?Keach Hagey: I guess the best case scenario is they find their way to an IPO before completely imploding.Andrew Keen: With the assumption that a non-profit can do an IPO.Keach Hagey: That they find the right lawyers from wherever they are and make it happen.Andrew Keen: Well, AI continues its hallucinations, and they're not in the product themselves. I think they're in their companies. One of the best, if not the best authority, our guide to all these hallucinations in a corporate level is Keach Hagey, her new book, The Optimist: Sam Altman, Open AI and the Race to Invent the Future is out in a couple of weeks. Essential reading for anyone who wants to understand Sam Altman as the consummate salesman. And I think one thing we can say for sure, Keach, is this is not the end of the story. Is that fair?Keach Hagey: Very fair. Not the end of the story. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Talking points: culture, economics, mindset, debt, Ed HardyTo maybe understate things, it's a jungle out there right now, financially speaking. I've really enjoyed Morgan's books and perspective, so in early April, I asked him to come on. He shared TONS of insight on tariffs, what's next, how the average person can change their financial straights for the better, even Fartcoin. Listen in.(00:00:00) - What in the world is going on(00:09:35) - If it's about bringing manufacturing back, then will jobs go to workers—or to automation?(00:16:37) - On tariff misconceptions and myths, and the difference between personal debt and government debt(00:25:27) - How does the average person weather the storm?(00:29:49) - How building wealth is behavioral, not intellectual, and the anti-capitalist mindset(00:38:19) - What to do when you're struggling to get your finances under control(00:44:00) - Discovering why you actually want more money, and raising kids with good financial sense(00:59:04) - How do you learn what “enough” is, and the psychology of bitcoinMorgan Housel is a partner at The Collaborative Fund. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He lives in Seattle with his wife and two kids.Connect with Morgan-Coming in October: The Art of Spending Money: https://www.penguinrandomhouse.com/books/741239/the-art-of-spending-money-by-morgan-housel/-Instagram: https://www.instagram.com/morganhousel/-Podcast: https://lnk.to/vDltf2

Keach Hagey's upcoming new biography of OpenAI's Sam Altman is entitled The Optimist. But it could alternatively be called The Salesman. The Wall Street Journal reporter describes Altman as an exceptional salesman whose superpower is convincing (ie: selling) others of his vision. This was as true, she notes, in Altman's founding of OpenAI with Elon Musk, their eventual split, and the company's successful pivot to language models. Hagey details the dramatic firing and rehiring of Altman in 2023, attributing it to tensions between AI safety advocates and commercial interests. She reveals Altman's personal ownership of OpenAI's startup fund despite public claims to the contrary, and discusses his ongoing challenge of fixing the company's seemingly irresolvable nonprofit/for-profit structure. 5 Key Takeaways * Sam Altman's greatest skill is his persuasive ability - he can "sell ice to people in northern climates" and convince investors and talent to join his vision, which was crucial for OpenAI's success.* OpenAI was founded to counter AI risks but ironically accelerated AI development - starting an "arms race" after ChatGPT's release despite their charter explicitly stating they wanted to avoid such a race.* The 2023 firing of Altman involved tensions between the "effective altruism" safety-focused faction and Altman's more commercially-oriented approach, with the board believing they saw "a pattern of deliberate deception."* Altman personally owned OpenAI's startup fund despite publicly claiming he had no equity in OpenAI, which was a significant factor in the board's distrust leading to his firing.* Despite regaining his position, Altman still faces challenges converting OpenAI's unusual structure into a more traditional for-profit entity to secure investment, with negotiations proving difficult after the leadership crisis.Keach Hagey is a reporter at The Wall Street Journal, where she focuses on the intersection of media and technology. She was part of the team that broke the Facebook Files, a series that won a George Polk Award for Business Reporting, a Gerald Loeb Award for Beat Reporting and a Deadline Award for public service. Her investigation into the inner workings of Google's advertising-technology business won recognition from the Society for Advancing Business Editing and Writing (Sabew). Previously, she covered the television industry for the Journal, reporting on large media companies such as 21st Century Fox, Time Warner and Viacom. She led a team that won a Sabew award for coverage of the power struggle inside Viacom. She is the author of The King of Content: Sumner Redstone's Battle for Viacom, CBS and Everlasting Control of His Media Empire, published by HarperCollins, and The Optimist: Sam Altman, OpenAI and the Race to Invent the Future, published by W.W. Norton & Company. Before joining the Journal, Keach covered media for Politico, The National in Abu Dhabi, CBS News and the Village Voice. She has a bachelor's and a master's in English literature from Stanford University. She lives in Irvington, N.Y., with her husband, three daughters and dog.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

The New York Times' David Enrich is one of America's most tenacious investigative journalists. So when he comes out with a book entitled Murder the Truth, we should take note. There's a campaign, Enrich warns, sometimes secret, sometimes open, to undermine the First Amendment and press freedom, thereby protecting the rich and powerful. Led by Clarence Thomas, Enrich explains, it's an attempt to call into question the 1964 Supreme Court's 1964 New York Times vs Sullivan decision on libel. Undermine this critical judgement on press freedom, Enrich warns, and the truth could, indeed, by murdered in the United States.Here are the five key take-aways in our conversation with David Enrich:* New York Times v. Sullivan is a crucial legal precedent for press freedom - This 1964 Supreme Court case established the "actual malice" standard that gives journalists protection when reporting on public figures, allowing them to make good-faith mistakes without facing ruinous litigation.* There's a coordinated effort to weaken press protections - Enrich describes a network of conservative lawyers, activists, judges, and wealthy individuals working to undermine New York Times v. Sullivan, with Supreme Court Justices Clarence Thomas and Neil Gorsuch already expressing interest in reconsidering the precedent.* Legal harassment is already silencing journalism - Even with current protections in place, powerful individuals and organizations are weaponizing defamation lawsuits to intimidate journalists, particularly affecting smaller, independent outlets that lack the resources to fight prolonged legal battles.* Media ownership is responding to political pressure - The conversation touches on how even billionaire media owners like Jeff Bezos (Washington Post) appear to be making editorial decisions based on fears of government retaliation under the Trump administration.* The threat to press freedom is incremental, not sudden - Enrich argues we may be at a pivotal moment where the campaign against press freedoms is moving from rhetoric to tangible action, comparing it to the "frog in boiling water" - a gradual process that may only be recognized in retrospect.David Enrich is the Finance Editor at The New York Times. He previously was an editor and reporter at The Wall Street Journal in New York and London. He has won numerous journalism awards, including the 2016 Gerald Loeb Award for feature writing. David grew up in Lexington, Mass., and graduated from Claremont McKenna College in California. He lives in New York with his wife and two sons.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting the daily KEEN ON show, he is the host of the long-running How To Fix Democracy interview series. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On America is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

高雄美術特區2-4房全新落成，《惟美術》輕軌C22站散步即到家，近鄰青海商圈，卡位明星學區，徜徉萬坪綠海。 住近美術館，擁抱優雅日常，盡現驕傲風範！美術東四路X青海路 07-553-3838 －－－－以上訊息由 SoundOn 動態廣告贊助商提供－－－－ 飛碟聯播網《飛碟早餐 唐湘龍時間》2025.01.01 週三財經產業趨勢單元 專訪：早安財經負責人｜沈雲驄 主題：《幣漲無疑：加密貨幣，一場史詩級騙局？》 Zeke Faux 齊克．法克斯 ｜早安財經 好書收藏 https://reurl.cc/04knZ9 「為了尋找一個又一個謊言，作者跑遍世界……幣圈目前為止最好的一本書！」〜Patrick McKenzie（科技作家） ★同時獲得最多媒體肯定，並選為年度好書的財經新書 ★從一開始就非常幽默好看，是全球幣圈最熱的話題書，台灣幣圈也等著讀中文版 ★川普當選後比特幣再創新高，理財族更關心加密貨幣的機會 作者簡介 齊克．法克斯（Zeke Faux） 《彭博商業周刊》與「彭博新聞社」的調查記者，也是「新美國」（New America）的國家研究員。作品以深入報導金融犯罪、詐騙，以及揭露金融業內部陰暗面聞名，幫助公眾了解複雜的現代經濟體系中隱藏的風險與潛在影響。以其獨到的調查視角和深入報導的風格，在金融新聞界備受讚譽。曾榮獲財經新聞界的最高榮譽羅布獎（Gerald Loeb Award）與美國律師協會的銀法槌獎（Silver Gavel Award），亦曾入圍美國國家雜誌獎（National Magazine Award）。現與妻子和三個孩子住在布魯克林。 內容簡介 我是Bloomberg的調查記者，負責追蹤華爾街騙子和股市禿鷹。我喜歡研究騙子如何鑽法律漏洞，並揭穿他們的複雜合約，追蹤他們設立的離岸空殼公司。 對我來說，加密貨幣沒什麼意思，那一看就知道是騙局。明明沒半點價值，一堆人照買不誤。要我寫一篇揭露加密騙局的報導，感覺就像要美食家去評論廉價速食店。 但似乎除了我以外，身邊每個人都去買加密貨幣了。有一個鄰居靠投資加密貨幣，賺到了足夠翻新廚房的錢；另一個鄰居還賺到足以買房子，搬走了。 這下換我開始對加密貨幣感興趣了。當《彭博商業周刊》（Bloomberg Businessweek）主編找我去採訪一個人，我二話不說馬上就接下任務。這個人，就是當時號稱全球最年輕的億萬富豪、創辦FTX、後來如過街老鼠的SBF。 於是我展開了一趟幣圈奇異之旅，從曼哈頓到邁阿密，再到瑞士、義大利、巴哈馬、薩爾瓦多及菲律賓，採訪數百位幣圈賭徒、程式設計師、炒作者與億萬富豪，參加他們的奢華派對，跟著他們買NFT，甚至跑去柬埔寨黑幫人蛇集團大本營，後來他們被司法追捕，我還去過他們的藏身之處。 這本書，是我這趟旅程的紀錄，記載了你在捧著鈔票跳進幣圈前，應該先知道的事…… 沈雲驄的世界財經筆記 https://reurl.cc/Gp3Y6y 聽沈雲驄說財經 linktr.ee/goodmoneytalk ▶ 《飛碟早餐》FB粉絲團  / ufobreakfast  ▶ 飛碟聯播網FB粉絲團  / ufonetwork921  ▶ 網路線上收聽 http://www.uforadio.com.tw ▶ 飛碟APP，讓你收聽零距離 IOS：https://reurl.cc/3jYQMV Android：https://reurl.cc/5GpNbR ▶ 飛碟Podcast SoundOn : https://bit.ly/30Ia8Ti Apple Podcasts : https://apple.co/3jFpP6x Spotify : https://spoti.fi/2CPzneD KKBOX：https://reurl.cc/MZR0K4 -- Hosting provided by SoundOn

To conclude our trilogy of interviews with prominent tech journalists to celebrate the upcoming twentieth anniversary of the DLD Conference, today's interview is with David Kirkpatrick, author of The Facebook Effect and founder of Techonomy Media. In contrast with Steven Levy and John Markoff, whose attitude toward Silicon Valley doesn't seem have dramatically changed, Kirkpatrick's thinking has undergone quite a radical shift over the last twenty years. As he acknowledges, he's been transformed from a Facebook believer into one of its most acute critics. And, in contrast with Levy and Markoff, Kirkpatrick's intellectual attention has also broadened, shifting from the internet to focusing on technological fixes for global warming.David Kirkpatrick is a longtime technology and business journalist, author and media entrepreneur, known for his work connecting technology developments to societal impact and progress. He is an expert on internet companies and social media, and is now focusing especially on climate tech and the climate economy. He is also known for moderating on-stage conversations with tech leaders. Kirkpatrick's bestselling 2010 book, The Facebook Effect: The Inside Story of the Company that is Connecting the World, was published in 32 languages, including Catalan and Vietnamese. It was a finalist for the Financial Times/Goldman Sachs Business Book of the Year as well as the Gerald Loeb Award. In subsequent years, he has written extensively about the growing societal harms caused by Facebook/Meta and social media broadly. His articles include 2018's Facing Facebook's Failure for Techonomy, and earlier that same year, The Facebook Defect, in Time Magazine. In December 2023 he published Vinod Khosla Can See the Future: It Just Got Hazy for a Minute in The Information. Kirkpatrick founded and for 12 years led Techonomy Media, which hosted conferences on technology, innovation, business, and their connection to social progress. Techonomy's mission was to highlight ways technology could improve society and human lives. Among his numerous onstage interviews there were Mark Zuckerberg, Marc Benioff, John Chambers, Commerce Sec. Penny Pritzker, economist Jeffrey Sachs, Patrick Collison, DARPA Chief Arati Prabhakar, Sen. Cory Booker, Nandan Nilekani, and Sean Parker. He also has served as a moderator at Burda Media's DLD conference for 19 years, interviewing a wide range of leaders including Mark Zuckerberg. Kirkpatrick worked for Time Inc. for 30 years, mostly at Fortune Magazine, where he was for many years senior editor for internet and technology. Many years earlier, while serving as a copy clerk at Life Magazine, he served as unit chairperson of The Newspaper Guild at Time Inc. He founded and hosted Fortune's Brainstorm conference series beginning in 2001 and for six years wrote its Fast Forward column. At Brainstorm he hosted and interviewed Pres. Bill Clinton, Israeli Pres. Shimon Peres, Senator John McCain, and numerous technology and business CEOs. He was a formal participant and moderator at the World Economic Forum in Davos for 21 years, and for 13 years was a member of the Forum's International Media Council, consisting of 100 top global media leaders. He also served for many years as a contributing editor at Bloomberg Television. He is a recipient of the 2012 Silicon Valley Visionary Award, awarded alongside Elon Musk, Jim Breyer, and Sal Khan. He is a member of the Council on Foreign Relations.Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children.Keen On is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit keenon.substack.com/subscribe

Our guest on the podcast today is Anne Tergesen. Anne is a reporter covering retirement for The Wall Street Journal. Her stories often explore how retirement and preparing for retirement are changing today. She writes frequently on topics related to 401(k) plans and retirement savings, spending, and legislation. She also writes about employee benefits, longevity, and aging. Before joining the Journal, Anne worked for BusinessWeek magazine covering personal finance. Together with colleagues, she recently won a Front Page Award from the News Women's Club of New York and was a finalist for Gerald Loeb Award. She was awarded a Knight-Bagehot Fellowship at Columbia University's Graduate School of Journalism and won a Best of Knight-Bagehot Award in 2006. Anne started her career covering local news at The Philadelphia Inquirer.BackgroundBioThe Wall Street Journal articles401(k)s and Retirement“More Americans Are Treating Their 401(k)s Like Cash Machines,” by Anne Tergesen, wsj.com, March 11, 2024.“6% of Your Paycheck Is Becoming the New Standard for 401(k) Saving,” by Anne Tergesen, wsj.com, June 28, 2024.“The 401(k) Investors Convinced That Target-Date Funds Miss the Mark,” by Anne Tergesen and Oyin Adedoyin, wsj.com, Aug. 3, 2024.“The 401(k) Rollover Mistake That Costs Retirement Savers Billions,” by Anne Tergesen, wsj.com, July 22, 2024.“Is Your Company's 401(k) Match Unfair?” by Anne Tergesen, wsj.com, May 25, 2024.“Retire at 65? It's More Like 62,” by Anne Tergesen, wsj.com, April 25, 2024.“David John: Improving the Retirement System,” The Long View podcast, Morningstar.com, Sept. 27, 2022.Automatic: Changing the Way America Saves, by William Gale, Mark Iwry, and David John“The Way We Retire Now,” a Wall Street Journal Series by Anne Tergesen and Veronica Dagher.“Here's What Retirement Looks Like in America in Six Charts,” by Anne Tergesen, Veronica Dagher, and Rosie Ettenheim, wsj.com, March 31, 2023.“She's a Retirement Authority—And Still Made Mistakes. Here's What She'd Do Differently,” by Anne Tergesen, wsj.com, Oct. 12, 2024.“Is There Really a Retirement-Savings Crisis?” by Anne Tergesen, wsj.com, April 23, 2017.OtherVanguard's “How America Saves 2024”“The U-Shape of Happiness Across the Life Course: Expanding the Discussion,” by Nancy Galambos, Harvey Krahn, Matthew Johnson, and Margie Lachman, National Library of Medicine, July 1, 2021.Employee Benefit Research InstituteDavid Blanchett“The Retirement Crisis: Perception Vs. Reality,” by PGIM Global Communications, pgim.com, July 9, 2024.Laura SaundersMichael Kitces

PROPUBLICA has taken on the role abdicated by most mainstream news organizations. Its long form journalism, while controversial, takes on many special interests that escape public scrutiny. While I often don't agree with the slant that they take, ProPublica represents a new frontier for the fourth column. Traditional news outlets make less and less business sense. I wanted to find out more about how long form journalism is going to work going forward and how it will apply to financial regulation. So I spoke to JUSTIN ELLIOTT, an Investigative Reporter at ProPublica. Justin has won the Gerald Loeb Award for business journalism, the Selden Ring Award for a series on the American Red Cross and, with the “Trump, Inc.” podcast team, a duPont-Columbia Award. He co-wrote the story revealing tech mogul Peter Thiel's multibillion-dollar Roth IRA which we talk about here. Justin's Path to Reporting The Role of PROPUBLICA in Long Form Journalism What are its origins? What is its mandate? How is it funded? What is the Role of Journalism in (Re) Establishing Accountability in Society? What is Congress' (and the other branches of government) role in fixing the issues that journalism uncovers? Peter Thiel's $5 Billion Roth What happened? (How did Thiel get assets into a Roth IRA with a $2K cap?) How did this work? (Funding a Roth IRA with low value Founders' shares) The "Law", the Intent of the "Law" and the Variability around the "Law"? Is this a valuation issue as much as a legal issue? Is it wrong? How should we correct a distortion like this? What's next for Justin and ProPublica and how do we find him? 2024 Election Coverage Justin at ProPublica Justin at Twitter https://www.youtube.com/watch?v=f1YOe9GV0MY https://youtu.be/Ao33oyZJuC8 https://www.amazon.com/Wealth-Actually-Intelligent-Decision-Making-1-ebook/dp/B07FPQJJQT Buy "Wealth Actually" Paperback, Kindle and Audio

Regardless of age, gender, status, or career path, burnout affects us all, and it has become increasingly challenging in our post-pandemic world. It's characterized not just by exhaustion, but by a profound loss of purpose and resilience. Shirley Leung, an award-winning business columnist and prominent voice at the Boston Globe. With accolades like four-time Gerald Loeb Award finalist and inclusion on Boston Magazine's “100 Most Influential People in Boston,” Shirley brings a wealth of experience and perspective to burnout, balancing her career with raising two sons. In this episode, we discuss why focusing on less and prioritizing quality is the key to more meaningful work, how we developed the habit of multitasking and why we need to redefine productivity, how technology might enable people to focus on more meaningful work, and choosing intentionality in how we allocate our time, rather than solely focusing on maximizing pay. For more go to: www.scottmlynch.com Episode Resources We're in a burnout epidemic. There's hope. Say More This episode is brought to you by: Shopify Embrace greatness through these empowering offerings: Embrace the boundless power of your mind. Enroll alongside 200+ motivated students in my academy and unlock your true potential. Access two exclusive bonus episodes monthly, ad-free listening, entry to our Members-Only Discord channel, and exclusive discounts on courses and Substack. Unlock actionable insights on how to master your mindset and optimize your happiness through my weekly ⁠newsletter⁠. Maximize your potential and experience life-changing growth by either enrolling in my Private Coaching program or Group Coaching program⁠. Discover your true potential with the support of a passionate Discord community. Access my downloadable and printable exercises to equip yourself with the essential tools for success. Follow me on social for more inspiration: Instagram Facebook TikTok Twitter YouTube Want to be featured in a future episode? Leave a review here (even one sentence helps)! Music by: Blaize Trulson Produced by Legacy Divisions. Past guests on The Motivated Mind include Chris Voss, Captain Sandy, Dr. Chris Palmer, Joey Thurman, Jason Harris, Koshin Paley Ellison, Rudy Mawer, Molly Fletcher, Kristen Butler, Hasard Lee, Natasha Graziano, ⁠David Hauser⁠, Cheryl Hunter, Michael Brandt, Heather Moyse, and Alan Stein, Jr. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Paid subscribers get full access to my interview with Nellie Bowles. The first half of this episode is available to all listeners. To hear the entire conversation, become a paying subscriber here. You may know Nellie Bowles from TGIF, her popular news roundup in The Free Press. Before that, she reported on Silicon Valley for The New York Times. Now she's out with her first book, Morning After The Revolution: Dispatches From The Wrong Side Of History. Filled with keenly observed details about the cultural and political battles of the last couple of years, it's also an honest appraisal of her own political evolution. A self-described “lesbian from San Francisco lesbian who held all the values associated with that,” Nellie is now among those considered non-grata by progressives—her marriage to Bari Weiss would attest to that—and in this conversation, she talks about coming to terms with that as well as her reporting on everything from Antifa militants to the incel movement. She also talks about her own past life as a member of the progressive purity police. GUEST BIO Nellie Bowles is a writer living in Los Angeles. Previously, she was a correspondent at The New York Times where, as part of a team, she won the Gerald Loeb Award in Investigations and the Robert F. Kennedy Human Rights Journalism Award. Now she is working with her wife to build The Free Press, a new media company. Get a copy of her book here. Want to hear the whole conversation? Upgrade your subscription here. HOUSEKEEPING ✈️ 2024 Unspeakeasy Retreats — See where we'll be in 2024! https://bit.ly/3Qnk92n

As a Hillary voter, a New York Times reporter, and frequent attendee at her local gay bars, Nellie Bowles fit right in with her San Francisco neighbors and friends—until she started questioning whether the progressive movement she knew and loved was actually helping people. When her colleagues suggested that asking such questions meant she was “on the wrong side of history,” Bowles did what any reporter worth her salt would do: she started investigating for herself. The answers she found were stranger—and funnier—than she expected. In Morning After the Revolution, Bowles gives readers a front-row seat to the absurd drama of a political movement gone mad. With irreverent accounts of attending a multiday course on “The Toxic Trends of Whiteness,” following the social justice activists who run “Abolitionist Entertainment LLC,” and trying to please the New York Times's “disinformation czar,” she deftly exposes the more comic excesses of a movement that went from a sideshow to the very center of American life. Deliciously funny and painfully insightful, Morning After the Revolution is a moment of collective psychosis preserved in amber. This is an unmissable debut by one of America's sharpest journalists. Nellie Bowles is a writer living in Los Angeles. Previously, she was a correspondent at The New York Times where, as part of a team, she won the Gerald Loeb Award in Investigations and the Robert F. Kennedy Human Rights Journalism Award. Now she is working with her wife, Bari Weiss, to build The Free Press, a new media company, where she also writes the weekly TGIF column which is released every Friday, thank God…or whoever. Shermer and Bowles discuss: what it's like to work at The New York Times • what it's like to found a new media company • same-sex marriage • Liberalism vs. Progressivism • the Black Lives Matter, #metoo, and transgender movements • Patrisse Khan-Cullors • White privilege • somatic abolitionism • LGBTQ • IDAHOBIT • BBIPOC • CHAZ • homelessness • anti-racism • cancel culture • defund the police • protests.

In this Screaming in the Cloud episode, Corey welcomes Dana Mattioli, author of 'The Everything War: Amazon's Ruthless Quest to Own the World and Remake Corporate Power.' Together, they discuss the themes of her book, exploring Amazon's extensive reach and influence across multiple sectors, its profound impact on competition, and the ethical concerns surrounding its aggressive business practices. They also discuss Amazon's internal culture, intricate relationships with government entities, and strategic maneuvers within the corporate world.Show Highlights: (00:00) - Introduction (01:39) - The vast expansion of Amazon and its impact on modern society and corporate strategy(05:31) - Amazon's internal profit strategies(07:04) - Amazon's growth: Intentional strategy or opportunistic expansion?(13:51) - Amazon's competitive and controversial tactics against startups and innovators(16:25) - Amazon's workplace culture and systemic issues leading to unethical practices(20:49) - How Amazon leverages customer data to maintain competitive advantages(25:17) - Amazon's interactions with the government and its public relations strategy(29:28) - Amazon's ethical practices and the real-world impacts (32:00) - Amazon's use of algorithms like Project Nessie to manipulate market pricing(36:28) - Corey critiques Amazon's internal product strategies(38:29) - Amazon's market dominance across various sectors (40:57) - Antitrust enforcement and their effects on modern digital monopolies (44:04) - Potential critical responses from Amazon insiders about Dana's book(45:50) - Closing thoughts and where to find DanaAbout Dana: Dana Mattioli is a Wall Street Journal reporter based in New York, focusing on Amazon's business practices, market power, and antitrust issues. She authored "The Everything War: Amazon's Ruthless Quest to Own the World and Remake Corporate Power" and was a 2020 Pulitzer Prize finalist for her investigative work on Amazon. Dana won the 2021 Gerald Loeb Award for Beat Reporting and the WERT Prize for business journalism. Previously, she covered mergers & acquisitions, including Pfizer's $150 billion Allergan deal and the Dow-DuPont merger, which won a Gerald Loeb Award in 2016. Dana began her career at the Journal in 2006 after graduating from American University with degrees in journalism and literature.Links referenced: Dana's LinkedIn: https://www.linkedin.com/in/dana-mattioli-7b09779/Dana's Twitter: https://twitter.com/DanaMattioliDana's Book, The Everything War: Amazon's Ruthless Quest to Own the World and Remake Corporate Power: https://bookshop.org/p/books/the-everything-war-amazon-s-ruthless-quest-to-own-the-world-and-remake-corporate-power-dana-mattioli/20335592* Sponsor Prowler: https://prowler.com

Uri Berliner is a senior business editor at NPR. In his 25 years with NPR, his work has been recognized with a Peabody Award, a Gerald Loeb Award, an Edward R. Murrow Award, and a Society of Professional Journalists New America Award, among others. Today, we published in The Free Press his firsthand account of the transformation he has witnessed at National Public Radio. Or, as Uri puts it, how it went from an organization that had an “open-minded, curious culture” with a “liberal bent” to one that is “knee-jerk, activist, scolding,” and “rigidly progressive.”  Uri describes a newsroom that aimed less to cover Donald Trump but instead veered towards efforts to topple him; a newsroom that reported the Russia collusion story without enough skepticism or fairness, and then later largely ignored the fact that the Mueller report found no credible evidence of collusion; a newsroom that purposefully ignored the Hunter Biden laptop story—in fact, one of his fellow NPR journalists approved of ignoring the laptop story because “covering it could help Trump.” A newsroom that put political ideology before journalism in its coverage of Covid-19. And, he describes a newsroom where race and identity became paramount in every aspect of the workplace and diversity became its north star.  In other words, NPR is not considering all things anymore.  On today's episode: How did NPR lose its way? Why did it change? And why does this lone journalist feel obligated to speak out? Learn more about your ad choices. Visit megaphone.fm/adchoices

Grab a signed copy of Same as Ever and The Psychology of Money from The Painted Porch!Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing, especially how personal history shapes one's view of economic risk, the implications of not understanding the future, being rich vs. being wealthy, how we measure success, the problem with social comparison, and much more. It has sold over 1.9 million copies and has been translated into 46 languages. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.Website: morganhousel.com Twitter: @morganhousel  

There was a time in the United States—not that long ago, actually—when local newspapers played an undisputed positive role in holding people in authority to account.  Daniel Golden is a journalist practicing his craft in that great tradition. Golden is a Boston-based senior editor and reporter at ProPublica.  He has been instrumental in three Pulitzer Prizes, two as an editor and one as a reporter.  He co-edited a ProPublica series on Latin American asylum-seekers caught between the U.S. government and the MS-13 gang, which won the 2019 Pulitzer Prize for feature writing.  Before joining ProPublica, he worked as managing editor for education and enterprise at Bloomberg News.  There he edited a series about tax inversions—companies moving headquarters overseas to avoid taxes—that earned Bloomberg's only Pulitzer Prize in 2015.  Golden won a Pulitzer as a reporter for The Wall Street Journal in 2004 for a series of articles on preferences for children and donors in college admissions. He expanded that series into a critically acclaimed national bestseller, “The Price of Admission: How America's Ruling Class Buys Its Way Into Elite Colleges—and Who Gets Left Outside the Gates.” An updated edition was published in October 2019 with new reporting on the Operation Varsity Blues scandal.  He is co-author of “Spy Schools: How The CIA, FBI, and Foreign Intelligence Secretly Exploit America's Universities,” with Renee Dudley.  Golden spent 17 years as a staff reporter at the Boston Globe, including a stint on its Spotlight team, and served as senior editor for investigations at Conde Nast Portfolio.  He has won three George Polk awards, three National Headliner awards, the Sigma Delta Chi award, the Gerald Loeb Award, among others.See omnystudio.com/listener for privacy information.

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.

Bloomberg Radio host Barry Ritholtz speaks to Zeke Faux, an investigative reporter for Bloomberg Businessweek and Bloomberg News. He has won the Gerald Loeb Award for explanatory journalism and the American Bar Association's Silver Gavel Award, and was a National Magazine Award finalist. He is the author of Number Go Up: Inside Crypto's Wild Rise and Staggering Fall.See omnystudio.com/listener for privacy information.

Number Go Up: Inside Crypto's Wild Rise & Staggering Fall with Zeke Faux On the day of publication, Bloomberg investigative reporter Zeke Faux, joins us to discuss his new book Number Go Up. Zeke followed Crypto's wild ride with a ring-side seat including being inside SBF's penthouse as the fallen crypto king faces his imminent arrest. In 2021, all the numbers went up. Billionaires were minted overnight. Crypto would change the world; former presidents and prime ministers lauded SBF as the next Steve Jobs, and stable coins would forever change banking. Commodity traders set up crypto desks. And then it all crashed. Will history view crypto as the world's biggest ever bubble -  the mother of all madness of crowds - fueled by low-interest rates and bored investors stuck in lockdown? And what about those stable coins like Tether… has the real crash yet to come? Zeke Faux is an investigative reporter for Bloomberg Businessweek and Bloomberg News. He's a winner of the Gerald Loeb Award and the American Bar Association's Silver Gavel Award and a National Magazine Award finalist.

EPISODE 1706: In this KEEN ON show, Andrew talks to Diana B. Henriques, author of TAMING THE STREET, about the New Deal, FDR's fight to regulate American capitalism and its relevance today in Joe Biden's America Diana B. Henriques, an award-winning financial journalist, is the author of A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History, released in September 2017. She is also the author of The Wizard of Lies: Bernie Madoff and the Death of Trust, a New York Times bestseller, and three other books on business history. As a staff writer for The New York Times from 1989 to 2012 and as a contributing writer since then, she has largely specialized in investigative reporting on white-collar crime, market regulation and corporate governance. In May 2017, HBO aired its film-length adaptation of The Wizard of Lies, with Robert De Niro in the starring role — and with Ms. Henriques playing herself as the first journalist to interview Madoff in prison. An avid reader and reviewer of financial histories, Ms. Henriques is also the author of Fidelity's World: The Secret Life and Public Power of the Mutual Fund Giant (1995), The White Sharks of Wall Street: Thomas Mellon Evans and The Original Corporate Raiders (2000), and The Machinery of Greed: Public Authority Abuse and What To Do About It. (1986). Ms. Henriques was a member of a reporting team that was named a Pulitzer finalist in 2003 for its coverage of the aftermath of the Enron scandals. She was also a member of a team that won a 1999 Gerald Loeb Award for covering the near-collapse of Long Term Capital Management, a hedge fund whose troubles rocked the financial markets in September 1998. She was one of four reporters honored in 1996 by the Deadline Club, the New York City chapter of the Sigma Delta Chi professional journalism society, for a series on how wealthy Americans legally sidestep taxes. She has explored the expansion of tax breaks, regulatory exemptions and Congressional earmarks for religious nonprofits, and helped monitor commodity markets and money market funds in the financial turmoil of late 2008. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Cuomo announced joining NewsNation as a show host in July of 2022. With over two decades of experience as an investigative journalist and television news anchor, Chris Cuomo has interviewed presidents and world leaders, reported from war zones, covered the 9/11 terrorist attacks, and shared hundreds of powerful, eye-opening stories impacting the lives of everyday Americans. Mr. Cuomo most recently hosted CNN's "Cuomo Prime Time," one of the highest-rated shows on cable news, and previously co-anchored the network's three-hour morning show, "New Day." At ABC News, Mr. Cuomo served as chief law and justice correspondent, co-anchor of ABC's "20/20," and news anchor for "Good Morning America." Prior to ABC News, he was a correspondent and political policy analyst for Fox News. Mr. Cuomo began his career as an attorney, following his graduation from the Fordham School of Law. Mr. Cuomo has received multiple Emmy Award nominations and was recognized with a News Emmy for his "Good Morning America" profile of 12-year-old poet Mattie Stepanek, making him one of the youngest correspondents to ever receive the award. He has been awarded Polk and Peabody Awards for team news coverage and his work has been recognized with a national Edward R. Murrow Award for breaking news coverage, a Gerald Loeb Award for Television Deadline business reporting, and an American Bar Association Silver Gavel Award for investigative news.

Chris Cuomo announced joining NewsNation as a show host in July of 2022. With over two decades of experience as an investigative journalist and television news anchor, Chris Cuomo has interviewed presidents and world leaders, reported from war zones, covered the 9/11 terrorist attacks, and shared hundreds of powerful, eye-opening stories impacting the lives of everyday Americans. Mr. Cuomo most recently hosted CNN's "Cuomo Prime Time," one of the highest-rated shows on cable news, and previously co-anchored the network's three-hour morning show, "New Day." At ABC News, Mr. Cuomo served as chief law and justice correspondent, co-anchor of ABC's "20/20," and news anchor for "Good Morning America." Prior to ABC News, he was a correspondent and political policy analyst for Fox News. Mr. Cuomo began his career as an attorney, following his graduation from the Fordham School of Law. Mr. Cuomo has received multiple Emmy Award nominations and was recognized with a News Emmy for his "Good Morning America" profile of 12-year-old poet Mattie Stepanek, making him one of the youngest correspondents to ever receive the award. He has been awarded Polk and Peabody Awards for team news coverage and his work has been recognized with a national Edward R. Murrow Award for breaking news coverage, a Gerald Loeb Award for Television Deadline business reporting, and an American Bar Association Silver Gavel Award for investigative news.

EPISODE 1600: In this KEEN ON show, Andrew talks to S.C. Gwynne, author of HIS MAJESTY'S AIRSHIP, about the life and tragic death of the British R101 airship, the world's largest flying machine S.C. “Sam” Gwynne is the author of two acclaimed books on American history: Empire of the Summer Moon, which spent 82 weeks on the New York Times Bestseller list and was a finalist for the Pulitzer Prize and the National Book Critics Circle Award and won the Texas and Oklahoma book prizes; and Rebel Yell: The Violence, Passion, and Redemption of Stonewall Jackson, which was published in September 2014. It was also a New York Times Bestseller and was named a finalist for both the National Book Critics Circle Award and the Pen Literary Award for Biography. His book The Perfect Pass: American Genius and the Reinvention of Football, was published in September 2016, and was named to a number of “top ten” sports book lists. Sam has written extensively for Texas Monthly, where he was Executive Editor from 2000-2008. His work included cover stories on White House advisor Karl Rove, NASA, the King Ranch, football player Johnny Manziel, and Southwest Airlines. His 2005 story on lethal Houston surgeon Eric Scheffey was published in “The Best American Crime Writing, 2006” by Harper Perennial Press. In 2008 he won the National City and Regional Magazine Award for “Writer of the Year.” He also writes for Outside magazine. His articles include a 2011 story about running the remote Pecos River in Texas, a 2012 piece about Bikini Atoll in the South Pacific, where the Americans tested atomic weapons, and a 2017 profile of disgraced cyclist Lance Armstrong. Prior to joining Texas Monthly, Sam worked for Time Magazine as Correspondent, Bureau Chief, National Correspondent and Senior Editor. He traveled throughout the United States and to England, Austria, France, Belgium, Spain, and Russia to report stories for Time. He won a number of awards for his Time work, including a National Headliners Award for his work on the Columbine High School shootings. He also won the Gerald Loeb Award, the country's most prestigious award for business writing, the Jack Anderson Award as the best investigative reporter, and the John Hancock Award for Distinguished Financial Writing. He has also written for the New York Times, Harper's, Los Angeles Times, San Francisco Chronicle, California Magazine, Boston Globe, Dallas Morning News, and other publications. Earlier books were Selling Money, about Sam's adventures in the international loan trade, and The Outlaw Bank, about the global fraud at Bank of Credit and Commerce International (BCCI). Before his career in journalism, Sam was a French teacher and an international banker. Sam has a bachelor's degree in history from Princeton University and a master's degree in writing from Johns Hopkins University, where he studied under the acclaimed novelist John Barth. He lives in Austin, Texas with his wife, the artist Katie Maratta. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

GUEST 1 OVERVIEW: Newsweek Contributing Editor Peter Roff writes about U.S. politics in all its forms. A former columnist for U.S. News & World Report and senior political writer for United Press International – UPI – he's a frequent guest on U.S. and international media platforms talking about the issues of the day. In addition to Newsweek, he writes regularly for The Daily Caller, the Cagle syndicate, and is a regular guest on Ben Stein's podcast, The World According to Ben Stein. GUEST 2 OVERVIEW: Jonathan Emord, a Constitutional Law Attorney and candidate for US Senate, is a frequent opinion columnist for Townhall.com. GUEST 3 OVERVIEW: Alistair Barr is global tech editor at Business Insider. Before that, he was a Big Tech team leader at Bloomberg, following a reporting career at The Wall Street Journal, USA Today, Reuters and MarketWatch. Alistair won a Gerald Loeb Award in 2007 for coverage of short selling and was a finalist in 2013.

The Power Of HabitThe Power Of Habit Full Book Introduction Do you think that your daily routine is the product of well-considered decision-making? In reality, it's anything but that. We are primarily driven by our habits, which, once formed, are there to stay. However, once we understand the way habits function, it becomes easier for us to control them. The Power of Habit is an in-depth analysis of habits. It shows how developing new habits can transform our lives beyond recognition. Author : Charles DuhiggCharles Duhigg is a former New York Times reporter who currently writes for The New Yorker magazine. He studied history at Yale University and received an MBA from Harvard Business School. He is an author of many bestsellers, including The Power of Habit and Smarter Faster Better, and a recipient of the Pulitzer Prize, the United States National Academies Communication Award, the National Journalism Award, the George Polk Award, the Gerald Loeb Award, and other accolades. He has also contributed to American Life, The Dr. Oz Show, and other periodicals throughout his career. Overview | Chapter 1Hi, welcome to Bookey. Today, we'll unlock the book The Power of Habit: Why We Do What We Do in Life and Business. What do you do first thing in the morning? Brush your teeth, wash your face, take a shower, or eat your breakfast? Do you tie your left or right shoe first? Which route do you take to work? When you arrive at the office, do you first check your email or make small talk with your colleagues? Do you eat a healthy salad or a hearty steak for lunch? After you get home in the evening, do you exercise or make your dinner first? You may think that all of these choices are the result of deliberate thinking, but they are not. Most of those actions are the byproduct of your habitual patterns. According to research published by Duke University in 2006, 40% of peoples' daily activities are born from habits, not decisions made after careful consideration. Habits play an essential role in our lives. Over time, they profoundly impact our health, productivity, financial security, and happiness. As a result, we all want to develop good habits or break bad ones. Nevertheless, most of us fail to do so and easily revert to our regular patterns. However, once we understand the science behind habit formation, we can break habits into segments and restructure them to develop good ones that fit our needs and support healthier eating patterns and higher productivity. Over the decades, Charles Duhigg, the author of this book, consulted hundreds of neuroscientists, psychologists, sociologists, and marketing specialists. Based on this extensive research, his book explains the neurology of habit formation and the mechanics of changing habits. We'll divide the premise of this book into five main areas: Part 1: The Neurology of Habit Formation Part 2: How to Change an Old Habit Part 3: How to Create a New Habit Part 4: Finding Keystone Habits Part 5: Are We Responsible for Our Habits?

EPISODE 1474: In this KEEN ON show, Andrew talks to the veteran tech journalist Julia Angwin about her memories of 9/11 and why she was never quite taken by the blogging "revolution" Julia Angwin is an award-winning investigative journalist and New York Times contributing Opinion writer. She founded The Markup, a nonprofit newsroom that  investigates the impacts of technology on society, and is Entrepreneur in Residence at Columbia Journalism School's Brown Institute. Julia was a previously a senior reporter at the independent news organization ProPublica, where she led an investigative team that was a Finalist for a Pulitzer Prize in Explanatory Reporting in 2017 and won a Gerald Loeb Award in 2018. From 2000 to 2013, she was a reporter at The Wall Street Journal, where she led a privacy investigative team that was a Finalist for a Pulitzer Prize in Explanatory Reporting in 2011 and won a Gerald Loeb Award in 2010. In 2003, she was on a team of reporters at The Wall Street Journal that was awarded the Pulitzer Prize in Explanatory Reporting for coverage of corporate corruption. She is also the author of “Dragnet Nation: A Quest for Privacy, Security and Freedom in a World of Relentless Surveillance” (Times Books, 2014) and “Stealing MySpace: The Battle to Control the Most Popular Website in America” (Random House, March 2009). She earned a B.A. in mathematics from the University of Chicago, and an M.B.A. from the Graduate School of Business at Columbia University. Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

EPISODE 1442: In this KEEN ON show, Andrew talks to the author of STEALING MY SPACE and DRAGNET NATION, Julia Angwin, about MySpace, Facebook, Twitter and how the medium of social media has become the message of our data rich, surveillant age. Julia Angwin is an award-winning investigative journalist and contributing Opinion writer at The New York Times. She founded The Markup, a nonprofit newsroom that investigates the impacts of technology on society, and is Entrepreneur in Residence at Columbia Journalism School's Brown Institute. Julia was a previously a senior reporter at the independent news organization ProPublica, where she led an investigative team that was a Finalist for a Pulitzer Prize in Explanatory Reporting in 2017 and won a Gerald Loeb Award in 2018. From 2000 to 2013, she was a reporter at The Wall Street Journal, where she led a privacy investigative team that was a Finalist for a Pulitzer Prize in Explanatory Reporting in 2011 and won a Gerald Loeb Award in 2010. In 2003, she was on a team of reporters at The Wall Street Journal that was awarded the Pulitzer Prize in Explanatory Reporting for coverage of corporate corruption. She is also the author of “Dragnet Nation: A Quest for Privacy, Security and Freedom in a World of Relentless Surveillance” (Times Books, 2014) and “Stealing MySpace: The Battle to Control the Most Popular Website in America” (Random House, March 2009). She earned a B.A. in mathematics from the University of Chicago, and an M.B.A. from the Graduate School of Business at Columbia University Named as one of the "100 most connected men" by GQ magazine, Andrew Keen is amongst the world's best known broadcasters and commentators. In addition to presenting KEEN ON, he is the host of the long-running How To Fix Democracy show. He is also the author of four prescient books about digital technology: CULT OF THE AMATEUR, DIGITAL VERTIGO, THE INTERNET IS NOT THE ANSWER and HOW TO FIX THE FUTURE. Andrew lives in San Francisco, is married to Cassandra Knight, Google's VP of Litigation & Discovery, and has two grown children. Learn more about your ad choices. Visit megaphone.fm/adchoices

Money is often a messy and complicated topic that provokes a lot of anxiety. Today's show is the first episode of a two-part series on managing our relationship to money and understanding what role money really plays when it comes to our happiness. Morgan Housel is the author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Translated into over 50 languages with over two million copies sold, Housel is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. In this conversation we talk about: The difference between happiness and contentmentThe difference between being rich and being wealthyThe elusive but crucial concept of “enough”The importance of not moving the goalposts when it comes to enough-nessWhy financial success is more about behavior than intelligenceHow our lived experiences impact our perspectives on money Full Shownotes: https://www.tenpercent.com/podcast-episode/morgan-housel-543See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Adam Auriemma is one of my fave people on earth...It's such a treat to introduce you to a bestie of mine today, to talk about money, your relationship with it, and who to seek advice from.Adam is a personal finance journalist and editor-in-chief of NextAdvisor, the money advice brand published in partnership with TIME. Previously, he was editor-in-chief of Money magazine, deputy bureau chief at The Wall Street Journal, managing editor of The Daily Beast, and deputy editor of Fusion, a joint venture of Univision and ABC News.Teams working under Adam's leadership have received the Gerald Loeb Award for Business and Financial Journalism, a National Association of Black Journalists Digital Media Commentary Award, and an Emmy nomination for Best Cultural/Topical Documentary.I also want to give you FREE access to my signature course, Slay Your Year (usually $997)! All you have to do is: Leave a review of this podcast. Email a screenshot of your review to info@susie-moore.comSimple as that!

Last week, the Chinese government under President Xi Jinping took steps to finally move away from its zero-COVID policy, following two weeks of protests in multiple cities. The unrest and anti-government sentiment was perhaps the most pronounced since the 1989 Tiananmen Square crackdown. And while these events gave Western observers an opportunity to grapple with the complexity of Chinese politics, generational and regional differences in the views of the population, and ultimately how the authoritarian government responds to public pressure, it also gave us a chance to see how the Chinese censorship and surveillance apparatus operates. This week's Tech Policy Press podcast comes in two parts. In both, we'll hear from reporters covering the intersection of China and technology. This is the first part, and it features a conversation with Liza Lin, a Reporter at The Wall Street Journal. She covers Asia technology news for the Journal from Singapore. Before that she was the paper's China correspondent, based in Shanghai. She was part of a team at the Journal to named as Pulitzer Finalists for the International Reporting category in 2021 for coverage of Chinese leader Xi Jinping, and with other Journal reporters won the Gerald Loeb Award for International Reporting in 2018 for a series of stories on China's Surveillance state. She's co-author of a book on that subject titled Surveillance State: Inside China's Quest to Launch a New Era of Social Control, with Josh Chin.

Links from the show:* Surveillance State: Inside China's Quest to Launch a New Era of Social Control* A Shot to Save the World podcast* Connect with Josh on Twitter* Connect with Ryan on Twitter* Subscribe to the newsletterAbout my guest:Josh Chin is deputy bureau chief responsible for politics and general news in The Wall Street Journal's China bureau.Prior to his current role, Josh spent six years as a politics reporter in China covering law, civil society, and government use of technology. He is a recipient of the Dan Bolles Medal and led an investigative team that won the Gerald Loeb Award for international reporting in 2018. He is the co-author, with Journal reporter Liza Lin, of "Surveillance State: Inside China's Quest to Launch a New Era of Social Control" (2022, St. Martin's Press).Josh started reporting for the Journal in 2008 as a freelance video journalist in Beijing and also spent several years editing the newspaper's China blog. He began his career an editorial assistant at the Park Record, in Park City, Utah Get full access to Dispatches from the War Room at dispatchesfromthewarroom.substack.com/subscribe

This conversation features author Josh Chin and New Yorker journalist Evan Osnos discussing both of their books before a live audience at the Kentucky Author Forum on September 29th, 2022 at the Kentucky Center in Louisville. Josh Chin wrote “Surveillance State: Inside China's Quest to Launch a New Era of Social Control” with fellow Wall Street Journal writer, Liza Lin. He tells the gripping story of how China's Communist Party is building a new kind of political control: shaping the will of the people through the sophisticated—and often brutal—harnessing of data. For more than a decade, Chin has covered politics and tech in China for The Wall Street Journal. He led an investigative team that won The Gerald Loeb Award for international reporting in 2018 for a series exposing the Chinese government's pioneering embrace of digital surveillance. He was named a National Fellow at New America in 2020, and is a recipient of the Don Bolles Medal, awarded to investigative journalists who have exhibited courage in standing up against intimidation. Evan Osnos joined The New Yorker as a staff writer in 2008 and covers politics and foreign affairs. His book “Age of Ambition: Chasing Fortune, Truth, and Faith in the New China'', is based on eight years of living in Beijing. “Age of Ambition'' won the 2014 National Book Award and was a finalist for the Pulitzer Prize. Previously, Osnos worked as Beijing Bureau Chief for the Chicago Tribune, where he was part of a team that won a 2008 Pulitzer Prize in Investigative Reporting. He is a CNN contributor and a frequent guest on The Daily Show, Fresh Air, and other programs.

Our guest this week is Morgan Housel. Morgan was one of our first guests on The Long View back in May 2019, and we're happy to welcome him back. Morgan is a partner at The Collaborative Fund, a venture capital firm. He is also a successful author—his first book, The Psychology of Money, having sold more than 2 million copies and been translated to 49 languages. In addition to his book, Morgan frequently publishes content to The Collaborative Fund's blog and is active on social media at @MorganHousel. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of The New York Times Sydney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He also serves on the board of directors at Markel.BackgroundBioThe Psychology of Money, by Morgan HouselCollab BlogStorytelling and Advice“What's the Curse of Knowledge, and How Can You Break It?” by Loren Soelro, Ph.D., psychologytoday.com, April 28, 2021.Cancer: The Emperor of All Maladies, Ken Burns Presents a Film by Barak GoodmanRobert A. Weinberg“Best Story Wins,” by Morgan Housel, collabfund.com, Feb. 11, 2021.“Never Saw It Coming,” by Morgan Housel, collabfund.com, April 25, 2022.“Deep Roots,” by Morgan Housel, collabfund.com, March 31, 2022.Contradictions and EnoughThe Economist“Little Rules About Big Things,” by Morgan Housel, collabfund.com, Oct. 11, 2022.“Expectations (Five Short Stories),” by Morgan Housel, collabfund.com, Oct. 6, 2022.“Good Enough,” by Morgan Housel, collabfund.com, Sept. 7, 2022.“Surprise, Shock, and Uncertainty,” by Morgan Housel, collabfund.com, March 3, 2022.Randomness, Chance, and Happiness“Tails, You Win,” by Morgan Housel, collabfund.com, July 26, 2022.The Intelligent Investor: The Classic Text on Value Investing, by Benjamin Graham“Wealth vs. Getting Wealthier,” by Morgan Housel, collabfund.com, June 28, 2022.“Low Expectations,” by Morgan Housel, collabfund.com, March 9, 2022.Behavioral and HistoryThe Great Depression: A Diary, by Benjamin Roth“We'll Get Through This,” by Morgan Housel, collabfunds.com, March 9, 2020.Daniel KahnemanJason Zweig“The Big Lessons of the Last Year,” by Morgan Housel, collabfunds.com, April 2, 2021.

Stand Up is a daily podcast that I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 800 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more Maura Quint  is a humor writer and activist whose work has been featured in publications such as McSweeneys and The New Yorker. She was named one of Rolling Stone's top 25 funniest twitter accounts of 2016. When not writing comedy, Maura has worked extensively with non-profits in diverse sectors including political action campaigns, international arts collectives and health and human services organizations. She has never been officially paid to protest but did once find fifteen cents on the ground at an immigrants' rights rally and wanted to make sure that had been disclosed. She was the co founder and executive director of TaxMarch.org  She is now the Wealth Tax Campaign Director at the Americans for Tax Fairness Gary Rivlin is a Pulitzer Prize–winning investigative reporter and the author of five books, including Katrina: After the Flood. His work has appeared in The New York Times, Mother Jones, GQ, and Wired, among other publications. He is a two-time Gerald Loeb Award winner and former reporter for the New York Times. He lives in New York with his wife, theater director Daisy Walker, and two sons. Gary's New book is Saving Main Street: Small Business in the Time of COVID-19 Journalist Rivlin (Katrina) presents an illuminating account of how several small businesses weathered the Covid-19 pandemic. Rivlin introduces readers to TJ Cusumano, owner of an Italian restaurant in Old Forge, Pa.; Glenda Shoemaker, who runs a card and gift shop in Tunkhannock, Pa.; and the Maloney family, founders of a chocolate business in New York City, among others. They all faced tough decisions, such as having to lay off employees and find ways to pay mortgages and vendors, as well as dealing with the pain of potentially losing their life's work. Rivlin shows his subjects' struggles to keep afloat, as when Cusumano established a “pop-up market” to sell food supplies before they spoiled, and when the Maloneys slashed prices in an attempt to boost sales. Rivlin also highlights problems that small businesses have faced for decades, which made them especially vulnerable when the pandemic hit. In particular, he writes of how large corporations crush small businesses by offering low prices their competitors can't, and how the Small Business Administration often enacts plans “rigged in favor of the large and dominant” (2020's Paycheck Protection Program among them). This one's full of insight and shrewd reporting.  Check out all things Jon Carroll Follow and Support Pete Coe Pete on YouTube Pete on Twitter Pete On Instagram Pete Personal FB page

Hosted by Andrew Keen, Keen On features conversations with some of the world's leading thinkers and writers about the economic, political, and technological issues being discussed in the news, right now. In this episode, Andrew is joined by Peter Robison, author of Flying Blind: The 737 Max Tragedy and the Fall of Boeing. PETER ROBISON is an investigative journalist for Bloomberg and Bloomberg Businessweek. He is a recipient of the Gerald Loeb Award, the Malcolm Forbes Award, and four "Best in Business" awards from the Society for Advancing Business Editing and Writing. A native of St. Paul, Minnesota, with an honors degree in history from Stanford University, he lives in Seattle, Washington, with his wife and two sons. Learn more about your ad choices. Visit megaphone.fm/adchoices

Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/2054150 (https://pro.banyanhill.com/m/2054150) He followed a tip to investigate a hot new tech company … And what journalist Dan McCrum discovered was a world of criminal activity. With the help of a whistleblower, he uncovered Wirecard's multi-billion-dollar fraud. McCrum joins host Charles Mizrahi to tell the fascinating story of his fight for the truth and Wirecard's nefarious attempts to sabotage it. Topics Discussed: An Introduction to Dan McCrum (00:00:00) Hiding in Plain Sight (00:1:52) Wirecard's Hunting Grounds (00:7:22) The First Tip (00:14:40) Approaching Wirecard (00:22:26) Exposing Inconsistency (00:27:42) The Whistleblower Report (00:37:33) Wirecard Strikes Back (00:45:25) All Is Revealed (00:50:58) Where Are They Now? (00:53:59) Guest Bio: Dan McCrum is an author and award-winning investigative reporter at the Financial Times. His reporting on Wirecard has earned him a Gerald Loeb Award and prizes from the London Press Club, the Society of Editors, and the New York Financial Writers' Association. In 2020, McCrum was named Journalist of the Year at the British Journalism Awards. He writes about his Wirecard investigation in his debut book (below). Resources Mentioned: https://www.amazon.com/Money-Men-Startup-Billion-Dollar-ebook/dp/B09QT3Y69V (Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth) Transcript: https://charlesmizrahi.com/podcast/podcast-season-7/2022/06/21/hot-startup-billion-dollar-fraud-dan-mccrum/ (https://charlesmizrahi.com/podcast/)  Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review!

Mea Culpa welcomes acclaimed author David Enrich. Enrich is the Business Investigations Editor at the New York Times and the bestselling author of Dark Towers. He previously was an editor and reporter at the Wall Street Journal. He has won numerous journalism awards, including the 2016 Gerald Loeb Award for feature writing. His first book, “The Spider Network: How a Math Genius and Gang of Scheming Bankers Pulled Off One of the Greatest Scams in History,” was short-listed for the Financial Times Business Book of the Year award. Michael and David dive deep into Davids's New book, Servants of the Damned, an exposé of the shadowy power wielded by the world's largest law firms and how that one firm shielded opioid makers, gun companies, big tobacco, Russian oligarchs, Fox News and helped Donald Trump get elected. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Mea Culpa welcomes acclaimed author David Enrich. Enrich is the Business Investigations Editor at the New York Times and the bestselling author of Dark Towers. He previously was an editor and reporter at the Wall Street Journal. He has won numerous journalism awards, including the 2016 Gerald Loeb Award for feature writing. His first book, “The Spider Network: How a Math Genius and Gang of Scheming Bankers Pulled Off One of the Greatest Scams in History,” was short-listed for the Financial Times Business Book of the Year award. Michael and David dive deep into Davids's New book, Servants of the Damned, an exposé of the shadowy power wielded by the world's largest law firms and how that one firm shielded opioid makers, gun companies, big tobacco, Russian oligarchs, Fox News and helped Donald Trump get elected. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Hosted by Andrew Keen, Keen On features conversations with some of the world's leading thinkers and writers about the economic, political, and technological issues being discussed in the news, right now. In this episode, Andrew is joined by David Enrich, author of Servants of the Damned: Giant Law Firms, Donald Trump, and the Corruption of Justice. David Enrich is the Business Investigations Editor at the New York Times and the #1 bestselling author of Dark Towers. He previously was an editor and reporter at the Wall Street Journal. He has won numerous journalism awards, including the 2016 Gerald Loeb Award for feature writing. His first book, The Spider Network: How a Math Genius and Gang of Scheming Bankers Pulled Off One of the Greatest Scams in History, was short-listed for the Financial Times Business Book of the Year award. Enrich grew up in Lexington, Massachusetts, and graduated from Claremont McKenna Collee in California. He currently lives in New York with his wife and two sons. Learn more about your ad choices. Visit megaphone.fm/adchoices

Hosted by Andrew Keen, Keen On features conversations with some of the world's leading thinkers and writers about the economic, political, and technological issues being discussed in the news, right now. In this episode, Andrew is joined by Josh Chin, author of Surveillance State: Inside China's Quest to Launch a New Era of Social Control. Josh Chin is Deputy Bureau Chief in China for the Wall Street Journal. He previously covered politics and tech in China as a reporter of the newspaper for more than a decade. He led an investigative team that won the Gerald Loeb Award for international reporting in 2018 for a series exposing the Chinese government's pioneering embrace of digital surveillance. He was named a National Fellow at New America in 2020 and is a recipient of the Dan Bolles Medal, awarded to investigative journalists who have exhibited courage in standing up against intimidation. Born in Utah, he currently splits time between Seoul and Taiwan. Learn more about your ad choices. Visit megaphone.fm/adchoices

The Daily Stoic Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail

Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more.Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a deep dive into the psychology of money and investing. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of Markel and has presented at more than 100 conferences all over the globe.✉️ Want Stoic wisdom delivered to your inbox daily? Sign up for the FREE Daily Stoic email at https://dailystoic.com/dailyemail

Only the first 50 minutes of this episode are available on the paywalled podcast version (the BLACK podcast logo). If you’d like to hear the full 2 hours and 7 minutes of this episode and gain access to all full-length episodes of the podcast, you’ll need to SUBSCRIBE here. If you’re already subscribed and on the private RSS feed, the podcast logo should appear RED. Sam Harris speaks with Morgan Housel about the psychology of money and investing. They discuss how personal history shapes one’s view of economic risk, the implications of not understanding the future, being rich vs being wealthy, how we measure success, the problem of social comparison, happiness vs life satisfaction, saving and investing, Warren Buffett and the power of compounding, rational vs reasonable decisions, the role of luck, optimism vs pessimism, dollar-cost averaging, and other topics. Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money has sold over 1.9 million copies and has been translated into 46 languages. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of directors at Markel and has presented at more than 100 conferences in a dozen countries. Website: morganhousel.com Twitter: @morganhousel Learning how to train your mind is the single greatest investment you can make in life. That’s why Sam Harris created the Waking Up app. From rational mindfulness practice to lessons on some of life’s most important topics, join Sam as he demystifies the practice of meditation and explores the theory behind it. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at samharris.org/subscribe.

He followed a tip to investigate a hot new tech company … And what journalist Dan McCrum discovered was a world of criminal activity. With the help of a whistleblower, he uncovered Wirecard's multi-billion-dollar fraud. McCrum joins host Charles Mizrahi to tell the fascinating story of his fight for the truth and Wirecard's nefarious attempts to sabotage it. Topics Discussed: An Introduction to Dan McCrum (00:00:00) Hiding in Plain Sight (00:1:52) Wirecard's Hunting Grounds (00:7:22) The First Tip (00:14:40) Approaching Wirecard (00:22:26) Exposing Inconsistency (00:27:42) The Whistleblower Report (00:37:33) Wirecard Strikes Back (00:45:25) All Is Revealed (00:50:58) Where Are They Now? (00:53:59) Guest Bio: Dan McCrum is an author and award-winning investigative reporter at the Financial Times. His reporting on Wirecard has earned him a Gerald Loeb Award and prizes from the London Press Club, the Society of Editors, and the New York Financial Writers' Association. In 2020, McCrum was named Journalist of the Year at the British Journalism Awards. He writes about his Wirecard investigation in his debut book (below). Resources Mentioned: https://www.amazon.com/Money-Men-Startup-Billion-Dollar-ebook/dp/B09QT3Y69V (Money Men: A Hot Startup, A Billion Dollar Fraud, A Fight for the Truth) Transcript: https://charlesmizrahi.com/podcast/podcast-season-7/2022/06/21/hot-startup-billion-dollar-fraud-dan-mccrum/ (https://charlesmizrahi.com/podcast/)  Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review! Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/1962483 (https://pro.banyanhill.com/m/1962483)

Stand Up is a daily podcast. I book,host,edit, post and promote new episodes with brilliant guests every day. Please subscribe now for as little as 5$ and gain access to a community of over 800 awesome, curious, kind, funny, brilliant, generous souls Check out StandUpwithPete.com to learn more NEWS FROM Tuesday April 5 2022  34 minutes Steven Greenhouse is a senior fellow at The Century Foundation, where he writes about wages and working conditions, labor organizing, and other workplace issues. Before coming to The Century Foundation, he was a reporter for the New York Times for thirty-one years, spending his last nineteen years there as its labor and workplace reporter, before retiring from the paper in December 2014. He is the author of Beaten Down, Worked Up: The Past, Present, and Future of American Labor, published by Alfred A. Knopf in 2019. As the New York Times' labor and workplace reporter from 1995 to 2014, he covered myriad topics, including conditions for the nation's farm workers, the Fight for $15, Walmart's locking in workers at night, the New York City transit strike, factory disasters in Bangladesh, and Scott Walker's push to cripple public employee unions. Greenhouse joined the New York Times in September 1983 as a business reporter, covering steel and other basic industries. He then spent two-and-a-half years as the newspaper's Midwestern business correspondent based in Chicago. In 1987, he moved to Paris, where he served as the New York Times' European economics correspondent, covering everything from Western Europe's economy to the collapse of Communism in Eastern Europe. After five years in Paris, he served as a New York Times correspondent in Washington for four years, covering economics and the Federal Reserve and then the U.S. Department of State and foreign affairs. Greenhouse's most recent book, Beaten Down, Worked Up, looks at key historic episodes that built the nation's labor unions and shows how unions and worker power helped build the world's largest, richest middle class as well as a fairer, more democratic America. The book explains how the decline of worker power in recent decades has hurt workers and the nation, fueling income inequality and weakening the voice of workers in politics and policymaking.  The book also examines the future of the labor movement, looking at new forms of worker power, such as the Fight for $15, the #RedforEd teachers' strikes, and some innovative efforts to lift Uber drivers and other gig workers. A native of Massapequa, New York, Greenhouse is a graduate of Wesleyan University (1973), the Columbia University Graduate School of Journalism (1975), and NYU Law School, from which he graduated as class valedictorian in 1982. His first book, The Big Squeeze: Tough Times for the American Worker, was published in April 2008 by Knopf. It won the 2009 Sidney Hillman Book Prize for a non-fiction book that advances social justice. Greenhouse has also been honored with the Society of Professional Journalists Deadline Club award, a New York Press Club award, and a Gerald Loeb Award for Distinguished Business and Financial Reporting. He continues to freelance for, among others, the New York Times, the Washington Post, the Los Angeles Times, the New Yorker, the Guardian, the Atlantic, the American Prospect, the Columbia Journalism Review, AARP Magazine, and Nieman Reports.   1:05 Dr. Omékongo Dibinga is the UPstander. His life's mission is to inspire all across the globe to take a stand when they witness an injustice, no matter how small or large. He is a motivational speaker, trilingual poet, TV talk show host, rapper, and professor of cross-cultural communication at American University. His Urban Music Award winning work has best been described by Nikki Giovanni as “outstanding, exciting, and new while being very old.” His book, From the Limbs of My Poetree was described by Essence Magazine as “a remarkable and insightful collection of exquisite poetry that touches sacred places within your spirit.” He was one of 5 international recipients out of 750,000 to win the first ever “CNN iReport Spirit Award.” He has received over 1,000,000 views on CNN.com. Omékongo's writings and performances have appeared in O Magazine, as well as on TV and radio from CNN, BET, and the BBC to NPR, Music Choice, and Voice of America in millions of homes in over 150 countries. He has also written songs for major motion pictures as well as organizations such as NASA and the Enough! Project. He has spoken before the United Nations, partners with the State Department to conduct youth leadership trainings overseas, and speaks to leadership and youth student conferences across the country. Omékongo's music and writings have appeared alongside artists such as Sheryl Crow, Angelina Jolie, Norah Jones, Damien Rice, Angelique Kidjo, Don Cheadle, and Mos Def. He has shared the stage with Wyclef Jean, OutKast, Sonia Sanchez, Dennis Brutus, Emmanuelle Chriqui, The Last Poets, and NFL great Aaron Rodgers. Internationally, he has shared his work in over 20 countries on 3 continents. Omékongo has studied at Harvard, MIT, Princeton, Georgetown, Morehouse, and The Fletcher School, where he earned his M.A. in Law & Diplomacy. He earned his Ph.D. in International Education Policy at The University of Maryland (UMD) where his dissertation centered on the global hip-hop phenomenon and Jay-Z. At UMD, he also worked with the Southern Poverty Law Center's “Teaching Diverse Students Initiative.” He worked for four years as the lead Teaching Assistant to Dr. Michael Eric Dyson at Georgetown University. He provides leadership, educational and diversity empowerment as a consultant and motivational speaker for organizations, associations and institutions. He has featured/lectured nationwide in venues from TEDx and Harvard to Russell Simmons' Hip-Hop Summit and the Nuyorican Poets Café. His rap mixtape series “Bootleg” promotes positive hip-hop with remixes of songs by Tupac, Notorious BIG, Jay Z, Nas, 50 Cent, and others. His 1,000,000 Youth Campaign has directly impacted over100,000 youth across the globe to date. He has also partnered with Intel on its campaign to make their computer processors free of minerals that come from the war in the Congo. Omékongo has published and produced 7 books, 7-fusion music and motivational CDs, and one independent DVD. His motivational book G.R.O.W. Towards Your Greatness! 10 Steps to Living Your Best Life has received praise from great motivational speakers such as Willie Jolley. His most recent book “The UPstander's Guide to an Outstanding Life” is a life balance book for students. For more information, please visit www.upstanderinternational.com. All things Jon Carroll  Follow and Support Pete Coe Pete on YouTube Pete on Twitter Pete On Instagram Pete Personal FB page Stand Up with Pete FB page

He came from academia — not Wall Street. Yet he founded the greatest trading firm in history and pioneered the era of the algorithm. Award-winning journalist Gregory Zuckerman tells the story of Jim Simons — an elite mathematician-turned-investor — in The Man Who Solved the Market. And in this episode, Zuckerman sits down with host Charles Mizrahi to discuss how Simons revolutionized trading. Topics Discussed: An Introduction to Gregory Zuckerman (00:00:00) Mathematician to Investor (00:8:13) Learning Curve (00:15:32) Academic Investors (00:21:27) Hitting Stride (00:27:29) Cone of Secrecy (00:33:44) Gut Instinct (00:40:14) Greater Good (00:49:31) The Next Jim Simons (00:51:23) Guest Bio: Gregory Zuckerman is an award-winning journalist and bestselling author. In addition to being a special writer for The Wall Street Journal and three-time winner of the Gerald Loeb Award, Zuckerman has written several books that span business and science. His penultimate book (below) tells the story of Jim Simons, mathematician and billionaire fund manager. Resources Mentioned: · https://www.amazon.com/Man-Who-Solved-Market-Revolution/dp/073521798X (The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution) · https://www.amazon.com/Greatest-Trade-Ever-Behind-Scenes/dp/0385529945 (The Greatest Trade Ever: The Behind-the-Scenes Story of How John Paulson Defied Wall Street and Made Financial History) · https://www.amazon.com/Frackers-Outrageous-Inside-Billionaire-Wildcatters/dp/1591846455 (The Frackers: The Outrageous Inside Story of the New Billionaire Wildcatters) · https://www.amazon.com/Shot-Save-World-Life-Death/dp/059342039X (A Shot to Save the World: The Inside Story of the Life-or-Death Race for a COVID-19 Vaccine) Transcript: https://charlesmizrahi.com/podcast/2022/03/29/man-solved-market-gregory-zuckerman/ (https://charlesmizrahi.com/podcast/)  Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review! Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/1962483 (https://pro.banyanhill.com/m/1962483)

Adam Auriemma joins On Track with Shanna Goodman to discuss his journey of channeling his love of media and ability to write and edit into service-based journalism. It wasn't until he started writing about money from a consumer point of view that he really appreciated the power of his platform. Over the years, that's led him to some bold choices: taking a risk to leave a prestigious job, and rebranding Money Magazine with a new audience focus.   Adam Auriemma is the editor-in-chief of NextAdvisor, the personal finance channel of TIME. Previously, he was the editor-in-chief of Money Magazine and a deputy bureau chief at The Wall Street Journal. Teams working under Adam's leadership have received the Gerald Loeb Award for Business and Financial Journalism, a National Association of Black Journalists Digital Media Commentary Award, and an Emmy nomination for Best Cultural/Topical Documentary. He is based in Brooklyn.Click for show notes. 

Learn or review the key ideas of The Psychology of Money in minutes, for free. Get the text and animated versions here: https://go.getstoryshots.com/H1sN (https://go.getstoryshots.com/H1sN) If you don't already have the book, order it https://geni.us/psychology-money-book (here) or get the https://geni.us/psych-free-audiobook (audiobook for free) on Amazon to learn the juicy details The Psychology of Money by Morgan Housel | Book Analysis, Summary and Rating | Free AudiobookMorgan Housel's Perspectivehttps://geni.us/morgan-housel (Morgan Housel) is a partner at Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers. He is also a winner of the New York Times Sidney Award and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. Morgan has presented at more than 100 conferences in a dozen countries.  Introductionhttps://geni.us/psych-free-audiobook (The Psychology of Money) delves into the psychology behind our financial weaknesses. Housel considers how past experiences, moving the goalposts and being coldly rational can worsen long-term financial gains. The alternative is having clear, reasonable financial goals that are not over-reliant on historical financial performance. If you can implement these approaches, you can be financially successful in the long run. So, you will also benefit from the wonders of compound interest. StoryShot #1: We All Have Unique Experiences of InvestingOur current relationships with money are based on our past experiences. Housel uses the example of people who lived through The Great Recession and are now scared of reinvesting. Many of us won't have lived through The Great Recession. So, the author recommends avoiding judging others for their financial decisions as no one is crazy. We have all simply had StoryShot #2: Bill Gates' Competitive Advantage Both luck and risk are an integral part of finance. Do not assume that individual effort alone will allow you or others to be successful. The author uses the example of Bill Gates. Bill Gates is highly talented and works extremely hard. But, he also obtained a competitive advantage because he attended one of the few high schools in the world at that time to own a computer.  There are infinite moving parts within the world. This means the accidental impact of actions outside of your control often have a greater influence than your conscious decisions. So, work hard and take risks but also consider the role that luck plays in finance. Focus less on specific individuals and case studies and more on broad patterns. This should also help you develop greater humility when things are going right and compassion when they are going wrong. StoryShot #3: Rich People Are More Likely to Make Crazy Decisions Rich people are often the ones who make crazy financial decisions. Housel explains the goalposts seem to move the more you earn. There are countless rich individuals who have lost everything because they felt the millions they had were not enough. The lesson you can learn from these failures is you shouldn't risk what you have and need for what you don't have and don't need. Saying “enough” is realizing that an appetite for more will push you to the point of regret. StoryShot #4: Warren Buffett Is a Prime Example of the Power of Compound Interest Compound interest can bring you financial freedom. That said, the human brain struggles to understand the power of compounding. Housel uses Warren Buffett as an example. Many believe his wealth is entirely due to his knowledge of sound investments. More importantly, he has been making good investments since a young age. His current net worth is $84.5 billion, but he accumulated $84.2 billion after his 50th birthday. This shows the power of compounding. The key to...

In this episode, we are talking to ProPublica investigative journalist Justin Elliott. Justin has been with ProPublica since 2012 and writes about business and economics, as well as money and influence in politics. He has produced stories for the New York Times and NPR. His work on TurboTax maker Intuit – a story we are discussing today -- won a Gerald Loeb Award for business journalism. The story of how 70% of Americans are eligible to file their taxes for free, but no one can pull it off has many chapters. Read about it here, here, and here.  ProPublica is an independent, nonprofit newsroom that produces investigative journalism with “moral force.” Agata Popeda is a Polish-American journalist. Interested in everything, with a particular weakness for literature and foreign relations. Learn more about your ad choices. Visit megaphone.fm/adchoices

Bradley Hope is the co-author of Billion Dollar Whale and Blood and Oil. He spent seven years at the Wall Street Journal's offices in New York and London. Before that, he covered the Arab Spring from Cairo, Tripoli, and Beirut. He is a Pulitzer finalist and a winner of the Gerald Loeb Award for International Reporting. Join our CEO, Ian Henderson who finds out from Bradley, the man, who uncovered one of the biggest financial scandals of all time: Where did the idea for writing Billion Dollar Whale come from? When it comes to how they went about money laundering, what did you learn that surprised you the most? What role did banks play in enabling those behind 1mbd? The 1mbd scandal led to the biggest AML-related fines in history, do you think this is enough to deter financial crime? What advice would you have for AML and KYC professionals working at banks to prevent financial crime? What's next for you and your career?

On Episode #27 of Book Talk Today we're joined by Tom Bergin. Tom is an investigative financial journalist for Reuters. His work has prompted parliamentary inquiries and won numerous awards in Britain, the United States and Asia, including a Gerald Loeb Award for Distinguished Business and Financial Journalism and the Orwell Prize for Journalism. Today we will be discussing his new book, 'Free Lunch Thinking: How Economics Ruins The Economy.' Timestamps: 0:00 - Intro 1:37 - What is 'Free Lunch Thinking'? 8:35 - The politicisation of economics. 13:14 - Is there a flaw in economics? 17:42 - Why does economics still value the 'rational actor'? 23:05 - What is 'The Income Effect'? 34:18 - The Principal Agent Problem. 41:29 - What's the future of executive pay? 50:51 - Equality in economics. 56:35 - The ethical and diversity issues in economics. 1:02:05 - Price vs. Non-price factors in economics. 1:07:12 - What's the one takeaway from this book? 1:09:05 - Outro Visit our website - https://www.booktalktoday.com