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Keith discusses the mortgage landscape, emphasizing the benefits of cash-out refinances with Ridge Lending Group President, Caeli Ridge. They unpack the Trump administration's plan to privatize Fannie Mae and Freddie Mac, which could impact the mortgage market. Investors are discovering powerful strategies to leverage property equity and optimize their financial portfolios. By understanding innovative borrowing techniques, savvy real estate investors can access tax-efficient capital and create sustainable wealth-building opportunities. Consider working with a lender that specializes in investor-focused loan products and provides comprehensive education on the options available.  Resources: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Show Notes: GetRichEducation.com/554 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, we're talking about the mortgage loan landscape in this era. Is title insurance a rip off today? Is it worth it for you to pay discount points at the closing table to get a lower interest rate? Learn about how a cash out refinance. Is your ability to borrow tax free, much like a billionaire does, and what are the dramatic changes that the current administration could take to alter the mortgage environment for years, all today on get rich education.    Speaker 1  0:34   Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests include top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com   Corey Coates  1:20   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:36   Welcome to GRE from Liverpool, England to Livermore, California and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education, the voice of real estate. Since 2014 it's been estimated that there are about 800 billionaires in USA, and hey, you might be one of them, but there's a pretty good chance that you aren't well. When it comes to lending and mortgages, you can actually take a page out of a billionaires playbook and do something very much like what they do whenever you perform a cash out refinance if you've got dead equity in a property, and you can borrow against your own home to a greater extent than you can against your rental properties, even either one of those is a tax free event, you've now got tax free cash, and you can use that money on anything from investing it in the stock market To using your proceeds for a down payment on more real estate or buying a boat or going to Disneyland, and you didn't have to relinquish your asset at all. You continue to hold on to the asset. Now, the mechanics are somewhat different, sure, but when you do a cash out refinance like this, it's a bit like billionaires borrowing against their stock. Instead, you're borrowing against the value of your real estate. In fact, listening to this short clip, it's Trevor Noah talking about how billionaires do exactly this, and you'll notice that the crowd laughs because it actually sounds funny that you can really do this,    Speaker 2  3:22   the shares that they hold in a company, because it is an unrealized gain, right? So they go like, yeah, you're worth 300 billion, but we can't tax you on those stocks because you haven't sold the shares, so you don't, like, have the money. And I understand the argument. They go like, No, you don't have it. It's just what it's worth, because it will also crash, and then you have nothing, so we can't tax you on it. Then I'm like, Okay, I understand that. Then Elon Musk offers to buy Twitter, all right? He offers to buy it. And then he says in his offer, he goes, I'm putting up my Tesla stock as collateral. Then I'm like, so you do have it? Then he's like, no, no, no, no, I don't have it. I don't have it. I'm just gonna say so then they accept the offer. He now buys Twitter. Now that they've accepted his offer, he now goes to private equity and banks and like other rich people and whatever. He goes like, can you guys borrow me the money to buy Twitter? And then he's like, I'm I want to buy Twitter because I don't want to sell any of my Tesla shares, so I want to use your money to buy Twitter. And then it's like, but then they're like, What are we loaning it against? And he's like, Well, my Tesla shares. Then I'm going, like, Wait, so, so you, you can, you can buy a thing based on what you have, yes, but when we want to tax you, you can say, I don't have it. Do you hear what I'm saying here?   Keith Weinhold  4:46   Yeah, you can borrow against your real estate if you have substantial equity in it. We'll talk about just how much now billionaires borrow against their stock holdings using financial products like portfolio lines of credit or. For securities based loans. These are the names for how they do it, essentially taking out loans and using their stock as collateral. And this allows them to access cash without selling their assets and without incurring capital gains taxes, much like you can so you can say that you don't want to sell your property in you don't have to go through some capital raising round either, like a billionaire might have to when they're borrowing against their stock. You can just have a more standard mortgage application for your cash out refinance, and you don't even have to have a huge portfolio. I mean, even if you just own one 500k property with 50% equity in it, you can do this so it's available to most any credit worthy person, again, tax free. But of course, this doesn't mean that you always should take this windfall, because it often creates a higher monthly payment. You've got to be the one that makes that decision in controlling your cash flows, that is key. I'll talk about that some more with today's terrific guests. Also the Trump administration's desire to privatize Fannie Mae and Freddie Mac we're going to talk about that and what that would do to the mortgage landscape. I am in the USA today, next week, I'll be bringing you the show from London, England for the first time, the following week, from Edinburgh, Scotland. Yes, the mobile GRE Studio will be in effect. I typically set it up myself, and I usually don't need the help of the hotel staff for an appropriate Sound Studio either. And then shortly after that, I will be in Anchorage, Alaska, where I'm competing in these fantastic mountain running races. And then by next month, that's where I hope to meet up with you in person for nine days of learning and fun, as I'll be in Miami as part of the faculty for the terrific real estate guys invest or summon at sea, where we're all going to disembark from Miami and go to St Thomas, St Martin and the Bahamas, and then after that great event, it is a long flight from Miami back to Anchorage again. And that's got to be one of the longer domestic flights, not just in the nation, but in the world, Miami to Anchorage, and then shortly after that, I will be in the Great Northeast early this summer, New York and Pennsylvania, including for my high school reunion. So I'll really be putting the miles on these next couple months. One interesting thing that I've noticed for next week's show, where I'll be joining you from London, is how much I'm paying per night at both my hotel in England and then later my hotel in Scotland. That's obviously a short term real estate transaction. These are some of the more expensive places in the world, really. So next week and then the week after, I just think you'll find it interesting. I'll tell you how much I'm spending per night in both London and then Edinburgh. And they're both prime locations, where the hotels are the center of London and then right on Edinburgh's Royal Mile. That is in future weeks as for today, let's talk about the mortgage landscape with this week's familiar and terrific guest.   I'd like to welcome in one of the more recurrent guests in our history, so she needs little introduction. She's the longtime president of the mortgage company that's created more financial freedom for real estate investors than any lender in the nation because they specialize in income property loans. It's where I get my own loans for my own rental properties. Ridge lending group. Hey, welcome back to GRE Caeli ridge.    Caeli Ridge  8:57   Thank you, Keith. You know I love being here with you and your listeners. I appreciate you having me.   Keith Weinhold  9:01   You've helped us for so long. For example, who can forget way back in episode 56 Yeah, that's a deep scroll back when Chaley broke down each line of a good faith estimate for us, that's basically a closing statement sheet. She told us exactly what we pay for at the closing table, line by line like origination fee, recording costs and title insurance so helpful. It's just the sort of transparency that you get over there. Buyers pay for title insurance at the closing table. It is title insurance a rip off. A few years ago, a lot of people speculated that title insurance would fade away because the property's ownership could be transparent and accessible to everybody on the blockchain, but we don't really see that happening. So tell us about title insurance, and really, are we getting value in what we pay for there at the closing table?   Caeli Ridge  9:54   Well, I think the first thing I would say is that it really isn't going to be an option as far as I. Know, as long as the individual is going to source institutional funding leverage use of other people's money, they're going to require the lender, aka Ridge lending, or whoever you're working with, they're going to require that title insurance that ensures their first lien position. Doing that title search, first and foremost, is going to make it clear that there isn't some cloud on title, that there isn't some mechanic lien that had been sitting out there for however many years it may have just been around. And those types of things never go away. So for a lending perspective, it's going to be real important that that title insurance is paid for and in place to protect their interests, things like judgments, tax liens, like I said, a mechanic's lien, those will automatically take a first lien position in front of a mortgage. So obviously we're not going to risk that and find ourselves in second lien position in the event of default and somebody else is getting paid before we are. So not really an option. Is it a rip off? I don't know enough about how often it's paid out, and not to speak to that, but I will tell you that it isn't a choice.   Keith Weinhold  11:07   Title Insurance, like Shaylee was talking about. It protects against fraud related to the property's ownership, someone else claiming rights to the property, and this title search that an insurer does it also, yeah, it looks for those liens and encumbrances, including unpaid taxes, maybe unpaid HOA dues, but yeah, mortgage lenders typically require title insurance, and if you the borrower, you might think that's annoying. Well, it does make sense, because the bank needs to protect their collateral. If a bank ever has to foreclose, they need to have access to you, the borrower, to be able to do that without any liens or ownership claims from somebody else. Caeli, how often do title insurance companies mess up or have to pay out a claim? Does that ever happen?   Caeli Ridge  11:50   I mean, if I have been involved in a circumstances where that was the case, it's been so many years ago, they're pretty fastidious. I don't know that I could recall a circumstance where something had happened and the title insurance was liable. They go through the paces, man, they've got to make sure that, and they're doing deep dives and searches across nationwide to make sure that there isn't any unnecessary issue that's been placed on title Not that I'm aware of. No.    Keith Weinhold  11:50   Are there any of those other items that we tend to see on a good faith estimate that have had any interesting trends or changes to them in the past few years?    Caeli Ridge  12:27   Yeah, I've got a good one, and this is actually timely credit reports. So over the last couple of years, something has been happening with credit reports where, you know, maybe three, four years ago, a credit report, let's say a joint credit report, a husband and wife went and applied that credit report might cost 25 bucks. Well, now it's in excess of 100 plus. Some of what we're going to be talking about today, it kind of gets into the wish list of Jim neighbors, who is the president of the mortgage brokers Association. He's been talking to the administration about some of his wishes, and credit report fees is actually one of the things that they're wanting to attack and bringing those costs down for the consumer. So when we look at a standard Closing Disclosure today, credit report costs have increased significantly. I don't have the percentages, but by a large margin over the last couple of years,    Keith Weinhold  13:21   typically not one of your bigger costs, but a little noteworthy. There one thing that people might opt and choose to have on their good faith estimates, so that borrower therefore would actually pay more out of pocket with today's higher mortgage rates. And I'm sure not to say high, because historically, they are not high. Do we see more people opting to pay discount points at the closing table to get a lower rate and talk to us about the trade offs there   Caeli Ridge  13:46   right now, first and foremost, that there isn't a lot of option for investment property transactions, whether it be a purchase or refinance. There's not going to be that option where the consumer gets to choose to say, Okay, I want to pay points for a lower rate or not pay points for a higher rate the not paying points is the key here. There isn't going to be a zero point option for investment property transactions. And this gets a little bit convoluted, and then I'll circle back and answer the question of, when does it make sense to pay the points, more points versus less points? We have been in a higher rate environment that I think a lot of people have become accustomed to as a result secondary markets, where mortgage backed securities are bought and sold, they keep very close tabs on the trends and where they think things are headed. Well, something called YSP, that stands for yield, spread, premium, under normal market circumstances, a consumer can say, okay, Caeli, I don't want to pay any points. Okay, I'll take this higher interest rate, and I don't want to pay any points, because that higher interest rate is going to have YSP, yield, spread, premium to pay compensation to a lender, and you know, the other third parties that may be involved in that mortgage backed security. But. Sold and traded, etc, okay? They have that choice under normal market circumstances. Not the case right now, because when this loan sells the servicing rights, whoever is going to pick up the servicing rights, so when Mr. Jones goes to make his mortgage payment, he's going to cut a check to Mr. Cooper. That's a big one, right? Or Rocket Mortgage, or Wells Fargo, whoever the servicer is, the servicing rights are purchased at a cost. They have to pay for the servicing rights, and let's say that's 1% of this bundle of mortgage backed securities that they're purchasing. Well, they know the math is, is that that servicer is going to take about 36 months before that upfront cost is now in the black or profitable. This all will land together. Everybody, I promise you stick with me, so knowing that we've got about a 36 month window before a servicer that picked up the rights to service this mortgage is going to be profitable in a higher rate environment, as interest rates start coming down, what happens to the mortgage that they paid for the rights to service 12 months ago, 18 months ago, that thing is probably going to refinance right prior to the 36 month anniversary of profitability. So that YSP seesaw there is not going to be available for especially a non owner occupied transaction. So said another way, zero point rates are not going to be valid on a non owner occupied transaction in a higher rate environment when secondary markets understand that the loans that are secured today will very likely be refinanced prior to profitability on the servicing side of that mortgage backed security that is a risk to the lender, yes. So we know that right now you're not going to find a zero point option. Now that may be kind of a blanket statement. If you were getting a 30% loan to value owner occupied mortgage with 800 credit scores, you know that's going to be a different animal. And of course, you're going to have the option to not pay points. The risk for that is nothing. Okay, y SP is going to be available for you, the consumer, to be able to choose points at a lower rate, no points higher rate. When does it make sense to pay additional points? Let's say to reduce an interest rate, the break even math. And you know, I'm always talking about the math, the break even math is actually the formula is very simple. All you need to do is figure out the cost of the points. Dollar amount of the points, let's say it's $1,000 and that's what it's going to cost you to, say, get an eighth or a quarter or whatever the denomination is, in the interest rate reduction. But you aren't worried about the interest rate necessarily. You're looking at the monthly payment difference. So it's going to cost you $1,000 in extra points, but it's only going to save you $30 a month in payment when you divide those two numbers, what's that going to take you 33 months? 30 well, okay, and does that make sense? Am I going to refinance in 33 months? If the answer is no, then sure pay the extra 1000 bucks. But that's the math, the cost versus the monthly payment difference divide that that gives you the number of months it takes to recapture cost versus cash flow or savings, and then you be the determining factor on when that makes sense.    Keith Weinhold  18:10   It's pretty simple math. Of course, you can also factor in some inflation over time, and if you would invest that $1,000 in a different vehicle, what pace would that grow at as well? So we've been talking about the pros and cons of buying down your mortgage rate with discount points before we get into the administration changes. Cheley talk about that math in is it worth it to refinance or not? It's a difficult decision for some people to refinance today with higher mortgage rates than we had just a few years ago, and at the same time, we've got a lot of dead equity that's locked up.   Caeli Ridge  18:40   I would start first by saying, Are we looking to harvest equity? Are we pulling cash out, or are we simply doing a rate and term refinance where we're replacing one loan with another loan, if it's for rate and term, if we're simply replacing the loan that we have today with a new loan, that math is going to be pretty simple. Why would you replace 6% interest rate with a 7% interest rate? If all other things were equal, you wouldn't unless there was a balloon feature, or maybe an adjustable rate mortgage or something of that nature involved there that you have to make the refinance. So taking that aside, focusing on a cash out refinance, and when does it make sense? So there's a little extra layered math here. The cash that you're harvesting, the equity that you're harvesting, first of all, borrowed funds are non taxable. What are we going to do with that pile of cash? Are we going to redeploy it for investing more often than not talking to investors? The answer is yes. What is that return going to look like? So you've got to factor that in as well, and then we'll get to the tax benefit in a moment. But generally speaking, I like to as long as the cash flow is still there, okay, you've got to have someone else covering that payment. Normally, there's exceptions to every rule. I don't normally advise going negative on a cash out refi. There are exceptions. Okay, please hear me. But otherwise, as long as the existing rents are covering and that thing is still being paid for by somebody else, then what you want to do is look at that monthly payment. Difference again, versus what you're getting out of it. And then you divide those two numbers pretty simply, and it'll take you how long. And then you've got a layer in the cash flow that you're going to get from the new acquisitions, and whether that be real estate or some other type of investment, whatever the return is, you're going to be using that to offset. And then finally, I would say, make sure that you're doing adding in the tax benefit. These are rental properties guys, right? So closing costs can be deducted now that may end up hurting debt to income ratio down the road. So don't forget, Ridge lending is going to be looking at your draft tax returns. Very, very important to ensure that we're setting you up for success and optimizing things like debt to income ratio on an annual basis.   Keith Weinhold  20:40   Now, some investors, or even primary residence owners might look at their first and only mortgage on a property, see that it's 4% and really not want to touch that. What is the environment and the appetite like today for having a refinance in the form of a second mortgage? That way you can keep your first mortgage in place and, say, 4% get a second mortgage at 7% or more. How does that look for both owner occupied and non owner occupied properties today?   Caeli Ridge  21:07   you're going to be looking at prime, plus, in many cases, if you don't want to mess with a first lien, a second lien mortgage is typically going to be tied to an index called prime. Those of you that are familiar with this have probably heard of that. Indicee. There's lots of them. The fed fund rate, by the way, is an index. There's lots of them. The Treasury is also another index. Prime is sitting, I think, at seven and a half percent. So you're probably going to be looking at rate wise, depending on occupancy and credit score and all of those llpas that we always talk about, loan level, price adjustment. You know, it could be prime plus zero, it could be prime plus four. So interest rates could range between, say, seven and a half, on average, up to 11 even 12% depending on those other variables. More often than not, those are going to be interest only. So make sure that you're doing that simple math there. And I would prefer if I'm giving advice the second liens, the he loan, which is closed ended, very much like your first mortgage, it's just in second lien position. It's amortized over a certain period of time, closed ended. Not as big a fan of that. If you can find the second liens, especially for non owner occupied, I would encourage it to be that open ended HELOC type.    Keith Weinhold  22:15   What are we looking at for combined loan to value ratios with second mortgages    Caeli Ridge  22:19   on an owner occupied I think you'd be happy to get 90. I think I've heard that in some cases, they can go up to 95% in my opinion, that would go as high as they'll let you go right on a non owner occupied, I think you'd be real lucky to find 80, and probably closer to 70.    Keith Weinhold  22:34   That really helps a lot with our planning. Well, the administration that came in this year has made some changes that can create some upheaval, some things to pay attention to in the mortgage market. We're going to talk about that when we come back. You're listening to get rich education. Our guest is Ridge lending Group President, Caeli Ridge I'm your host, Keith Weinhold.    The same place where I get my own mortgage loans is where you can get yours. Ridge lending group  NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President Chaeli Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com.    You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866   Hal Elrod  24:38   this is Hal Elrod, author of The Miracle Morning and listen to get rich education with Keith Weinhold, and don't put your Daydream.   Keith Weinhold  24:55   Welcome back to get rich education. We're talking about mortgages again, because this is one. Where leverage comes from. I'm your host. Keith Weinhold, we're sitting down with the president of ridge lending group, Caeli Ridge, and I know that she has some knowledge and some updates on new administration leadership and some potential changes for the market there. What can you tell us? Caeli   Caeli Ridge  25:16   I'm pretty excited about this one, and I'm watching very diligently to see how it unfolds. So the new director of the FHFA Federal Housing Finance Agency, all is Bill Pulte. This is the grandson of Pulte Homes. Okay, smart guy. I'm excited to see what he's going to come in and do. Well. He had recently, I think in the last couple of weeks, he put out in the news wires asking for feedback from the powers that be, related to Fannie and Freddie, what improvements they would like to see. So first up was Jim neighbors. He is the president of the mortgage brokers Association. He had a few very specific wish list items, if you will. And the first one on his list was the elimination of LLP, as for non owner occupied and second home. So let me just kind of paint a picture here, because there's some backstory I think is important. So an LLPA, for those of you that have never heard that term before, stands for a loan level price adjustment. And a loan level price adjustment is a positive number or a negative number that associates with the individual loan characteristics. So things like loan to value or loan size, occupancy is a big ll PA, the difference between an owner occupied where you live and one that you're going to use as a rental property, that's a big one. Credit score, property type, is it a single family? Is it a two to four? Is this a purchase? Is it a refi? Anyway, all of those different characteristics are ll pas. Well, if we take a step back in time, gosh, about three years ago now, Mark Calabria, at the time, was the director of the FHFA, and he had imposed increases, specific increases. This was middle of 22 I want to say specific increases to the LL pas for non owner occupied property. So if anybody kind of remembers that time, we started to really see points and interest rates take that jump sometime in 2022 more than just the traditional interest rate market and the fluctuations. This was very material to investment property and second home, but we'll focus on the investment property. So Mr. Jim neighbors came in and said, first and foremost, I'd like to see those removed, and I want to read something to the listeners here, because I thought it was very interesting. This is something I've been kind of preaching from the the rooftops, if you will, for many, many years. Yeah, we've got neighbors sticking up for investors here. He really is. And I Yeah, well, yes, he is. And more often than not, they're focused on the owner occupied so I'm just going to kind of read. I've got my cheat sheet here. I want to make sure I get it all right for everybody. So removal of the loan level price adjustments on investment properties and second homes, he noted that these risk based fees charged by Fannie and Freddie discourage responsible buyers from purchasing second homes and investment properties, with that insignificant increase to cost. And here's the important part, originally introduced to account for additional credit risk, many of the pandemic era llpa increases were not based on updated risk metric. In fact, data has shown that loans secured by investment properties often have strong credit profiles and lower than expected default rates. I mean, anybody that has been around long enough to see what we've come from, like, 08,09, and when we had the calamity of right, the barrier for entry for us to get any conventional financing as investors has been harsh. I mean, I make that stupid joke of vials of blend DNA samples. But aside from it being an icebreaker, it kind of feels true. We really get the short end of the stick. And I feel like as investors especially, post 08,09, our credit profiles, our qualifications, the bar is so high for us, the default risk there has largely been removed. We've got so much skin in the game. With 20 25% down, credit score is much higher, debt to income ratios more scrutinized, etc, etc. So I think that this is, if it passes muster. I think this is going to be a real big win for the non owner occupied side of agency, Fannie, Mae, Freddie, Mac lending.   Keith Weinhold  29:13    The conventional wisdom is, is that if you the borrower, get into financial trouble, you're more likely to walk away from your rental properties than you are your own home and neighbors, sort of like a good neighbor here sticking up for us and stating that, hey, us, the investors, we're actually highly credit worthy people.   Caeli Ridge  29:29   Yeah, absolutely. So fingers crossed. Everybody say your prayers to the llpa and mortgage investor rates gods.   Keith Weinhold  29:37   we'll be attentive to that. What other sorts of changes do we have with the administration? For example, I know that Trump and some others in the administration have talked about privatizing the GSEs, those government sponsored enterprises, Fannie, Mae, Freddie Mac and what kind of disruption that would create for the industry. Is it really any credence to that?   Caeli Ridge  29:58   They've been talking about it for. For quite a while. I mean, as long as Trump has been kind of on the scene, that's been maybe a wish list for him. I don't see that happening over the next years. That is an absolute behemoth to unpack and make a reality. Speaking of Mark Calabria, he was really hot and heavy on the trails of doing that. So what this is, you guys so fatty Freddy, are in conservatorship that happened back post 08,09, and privatizing them and making them where it is not funded, or conservatorship within the United States government. Now it still has those guarantees against default. It's a very complicated, complex, nuanced dynamic of mortgage backed securities, but if we were to privatize them at some point now, am I saying that that's a bad thing? No, not necessarily, but I think it has to be very carefully executed, and because there are so many moving parts, I do not think that just one term of presidency is going to make that happen. If we do it, it's going to be years down the road from now. Is my crystal ball. I don't think we're going to see that anytime soon.    Keith Weinhold  30:58   That's interesting to know. Are there any other industry changes that are important, especially for investors, whether that has to do with the change in administration or anything else?   Caeli Ridge  31:08    Well, specific to that wish list from Mr. Neighbors, one of the other things that he had asked, and there were quite a few, for owner occupied changes as well, he wants to reduce the seasoning for cash out refinances of investment properties, which would be huge good. Yeah, right now it's 12 months on a cash out refinance given very specific acquisition details. Okay, I won't go down that rabbit hole, but currently, if you haven't met exactly these certain benchmarks, you may have to wait 12 months to pull cash out of a property from the day that you acquire it, he's asking that that be pulled back to about six months, which would be nice   Keith Weinhold  31:46   reducing the seasoning period from 12 months to six months, meaning that an investor a borrower, would only need to own that property for that shorter duration of time prior to performing a refinance.   Caeli Ridge  31:58    Cash out refinance, no seasoning required on a rate and term. This is specific for cash out. But again, for cash out, but exactly right   Keith Weinhold  32:04   now, one trend that I think about sometimes, especially when I think back to 2008 2009 days since I was an investor through that time, is, are there any signs in the reduction of the appetite or the propensity to lend, to make loans. So how freely is credit flowing?    Caeli Ridge  32:25   I think pretty freely. I'm not seeing that they're tightening the purse strings. That's not the lens that I'm looking at it from, and I try to keep that brush stroke broad. There have been, I think that on the post, close side, there's been a little extra from Fannie Freddie, and I think that has to do with profitability markers. But overall, I'm not seeing that products are disappearing necessarily, or that guidelines are really becoming even more cumbersome. If anything, I would say it's maybe the reverse of that, and I do believe that probably is part and parcel to this administration and the real estate background that comes with it.   Keith Weinhold  32:59   One other thing I pay attention to, but it just really hasn't been much of a story lately. Are delinquencies in foreclosures. It seems like they've ticked up a little bit, but they're still both really historically low and basically a delinquency being defined as when a borrower makes one late payment, and foreclosures being the more severe thing, typically a 120 days late or more. Any trends there? I'm not   Caeli Ridge  33:24   seeing any now. And in fact, I would tell you that, because we focus so much on investor needs, first payment default is I can count on less than one hand, if I had to, how many times I've seen that happen with our clients over 25 years. So nothing noteworthy there for me.    Keith Weinhold  33:40   Yes. I mean, today's borrowers are just flush with equity. Nationally, there's a loan to value ratio of 47% which is healthy, in a sense. On average, borrowers have a 53% equity position. Of course, the next thing, I think, is like, I don't really know if that's a smart strategy. They're not really getting that much leverage out there. But I think a lot of people just have the old mentality of get it paid off.    Caeli Ridge  34:06   And I think that depending on where you are in your journey, I mean, if you're in phase three, right, where you're just really looking at these investments, these nest eggs to carry you into your retirement and or for legacy reasons, fine, but otherwise, I may argue the point in that I don't care that you have a 3% interest rate on an investment property, or whatever it may be, if it's sitting there idle and as long as it can cash flow, the true chances of those individuals of keeping that mortgage that they got in 2020, 2021, etc, at those ridiculously low interest rates and stroking 360 payments later to pay it to zero is a fraction of a percent right now, whether they're on the sidelines for something else, I don't know, but that debt, equity, I think, is hurting them more than a 3% interest rate is helping them.   Keith Weinhold  34:52    And a lot of times, the mindset of someone is, if they don't need to build wealth anymore, and they're older and they already built wealth, they don't care if they're loaned to value. Was down to zero, and they have it paid off, whereas someone that's in the wealth building phase probably wants to get more leverage. Yeah, Chaley at risk lending group, there you see so many applications come in, and especially since you're an investor centric lender, I like to ask you what trends you're seeing. What are people buying? What are people doing? Are they refinancing? Are they paying loans off? Are they trying to take out more credit? Are there any overall trends with investors that you see in there    Caeli Ridge  35:29   right now? I think the all in one is a clear winner there. The all in one, that first lien, HELOC, that you and I talked about, we broke my little corner of the internet with that one, that one is a front runner for sure, on the refinance side, specifically, we are seeing quite a bit more on the refi side of things, that equity is kind of just sitting there. So even though, if the on one isn't a good fit for them, I'm seeing investors that are willing to tap into that equity instead of just sitting around and waiting for them to potentially lose some equity if the housing market does start to take some decline. And then I would say, on the purchase transaction side, something that's kind of piqued my interest is the pad split. I'm looking at that more often where, for those that are not familiar, you can probably speak more to this, Keith, they're buying single family resident properties, even two to four unit properties, and a per bedroom basis, turning those into rental properties. And they're looking to be quite profitable. So I've got my eyes on that too.   Keith Weinhold  36:23   before we ask how we can learn more about you and what you do in there at Ridge Kayle. Is there any last thing that you'd like to share? Maybe a question I did not think about asking you, but should have.    Caeli Ridge  36:35   I would like to share with your listeners that if they are not working with a lender that focuses on their education and has that diversity of loan product that we have, that they're probably in the wrong support group. You need to be working with a lender that has a nationwide footprint and that has diversity of loan product to cover whatever methodology of real estate investing that you're looking for, and really puts a fine touch on the education of your qualifications and your goals as they relate to underwriters guidelines   Keith Weinhold  37:10   what we're talking about, and I know this through my own experience in dealing with Ridge, since I use them for my own loans myself, is sometimes Ridge might inform You that, hey, you can go and do this and make this deal now, but that's going to mess up this bigger thing 12 months down the road, whereas if you talk with an everyday sort of owner occupant mortgage company, oh, they're just not going to talk like that, because owner occupants, they might only buy every seven years, or something like that. And investors are different, and you need to have that foresight and look ahead. Caeli, this has been great, a really informative conversation about the pulse of the market. Tell us what products that you offer in there.   Caeli Ridge  37:50   Our menu is very, very diverse. I would say what. It's probably easier to describe what we don't offer. We do not have bear lot loans or land loans. We're not offering those right now. We do not have second lien HELOCs currently. We suspended that two years ago. But otherwise, guys, we're going to have everything that you're going to need. So just very quickly, I'll rattle off Fannie Freddie, okay, those golden tickets that we talk about, we've got DSCR loans, bank statement loans, asset depletion loans, ground up construction, short term bridge loans for fix and flip or fix and hold. We have our All In One that's my favorite first lien. HELOC, we have commercial loan products for commercial property and residential on a cross collateralization basis. So very, very robust in the loan product space.   Keith Weinhold  38:33   Caeli Ridge, it's been valuable as always. And then Ridge lending group.com, or your phone number   Caeli Ridge  38:39   855-747-4343, 855-74-RIDGE, , and then to reach us an email, if that's your better mechanism to contact us info@ridgelendinggroup.com   Keith Weinhold  38:50   that's been valuable as always. Thanks so much for coming back onto the show.    Caeli Ridge  38:53   Appreciate it. Keith,   Keith Weinhold  39:00   Yeah, terrific information from Chaley. As always, if you're enamored of borrowing tax free, like a billionaire, against your real estate, they sure can help you out with that and determine whether that's right. It doesn't mean that you always should, but if you have investment ideas for debt equity, and you're attentive to cash flows, run the numbers with them and see if it's worthwhile. As far as new purchases, we all know that soured affordability has made it especially tough for first time homebuyers, and there's more data out there that shows that tenant durations are historically long, longer than they usually are. Tenants are staying in places longer because they have to. Investor purchases have stayed strong, though investors have been buying about the same proportion of single family homes and making them rentals that they have historically and Redfin tells us that. The value of properties that investors have purchased is up more than 6% year over year, so investors are still buying and that makes sense. We're in this era where there's more uncertainty than usual, there's higher stock volatility than usual, and more people are sort of asking themselves, where would I get a better return than on income property, and where would my return be more stable today than in income property as well? If you work with Ridge lending group for a time, you're probably going to understand why I personally use them for my own loans. You'll notice that they really understand what investors need. Thanks to Caeli Ridge today and thank you for being here too. But as always, you weren't here for me. You were here for you until next week. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  40:56   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  41:20   You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866   The preceding program was brought to you by your home for wealth, building, get rich education.com.    

Marc talks to Lovefly about the global safety reach that the CAE has.  Training pilots, both civil and military to make the world of Commercial Aviation safer and safer all the time. Lovefly have used CAE simulators for their 121 courses and they are just like flying.  You will hear so much that is going to reassure you - you will be amazed and reassured. www.lovefly.co.uk/courses/  FB - Lovefly Insta @loveflyhelp #fearofflying #lovefly #cae #flyingwithoutfear  Intro music 'Fearless' Daniel King Marc Parent has served as CAE's President and Chief Executive Officer since 2009. He joined the company in 2005 as Group President, Simulation Products, was appointed Group President, Simulation Products and Military Training & Services in 2006, and then Executive Vice President and Chief Operating Officer in 2008.  Mr. Parent has 40 years of experience in the aerospace industry.  www.cae.com 

The rapid evolution of technology excites Anthony, especially in AI.User preferences are shifting towards more human-like AI interactions.Empathy in AI is crucial for better customer service experiences.The partnership between Amdocs and NVIDIA emphasizes the importance of software efficiencySoftware and hardware advancements must progress in parallel to maximize productivity.Physical AI integration will enhance daily life through automation and smart devices.Emergent behavior in AI represents a new frontier in reasoning and decision-making.Generative AI can learn and adapt beyond traditional if-then programming.An audit trail is essential for transparency in AI decision-making processes.  

On this encore episode, I sit down with a colleague from back in my work on the brand side, Craig Baxter, Group President of Techtronic Industries Canada Inc., part of a global 13 billion dollar powerhouse tool house of brands that includes Milwaukee, Ryobi, andHoover. In a wide-ranging and engaging conversation, Craig talks about radical innovation, retail go-to-market strategy, leadership for growth, and the epic come-from-behind marketplace win for his Milwaukee brand of power tools as the sixth horse in a five-horse race.  About CraigSixteen years ago, I was given the opportunity to become the president of TTi Canada; a world class leader in design, manufacturing, and marketing of power tools and accessories, outdoor product equipment and floor care for consumers, professional and industrial users in the home improvement, repair, and construction industries.Since then, I have had the privilege of working alongside a team of outstanding performers who share the same belief in setting audacious goals and holding ourselves accountable to deliver those goals while continuing to cultivate a best in class working environment.Along with our unrelenting strategic focus on powerful brands, innovative products, operational excellence, and exceptional people, we strive to continuously build upon a corporate culture where our employees can realize more and more of their abundant potential. What inspires me, is seeing people striving to do great work and growing into the best version of themselves. By continuously improving our culture through all of our success we have further leveraged our biggest differentiator as a company, and that is something I am very proud of.“Show class, have pride, and display character. And if you do, winning takes care of itself” – Bear Bryant Michael LeBlanc is the president and founder of M.E. LeBlanc & Company Inc, a senior retail advisor, keynote speaker and now, media entrepreneur. He has been on the front lines of retail industry change for his entire career. Michael has delivered keynotes, hosted fire-side discussions and participated worldwide in thought leadership panels, most recently on the main stage in Toronto at Retail Council of Canada's Retail Marketing conference with leaders from Walmart & Google. He brings 25+ years of brand/retail/marketing & eCommerce leadership experience with Levi's, Black & Decker, Hudson's Bay, CanWest Media, Pandora Jewellery, The Shopping Channel and Retail Council of Canada to his advisory, speaking and media practice.Michael produces and hosts a network of leading retail trade podcasts, including the award-winning No.1 independent retail industry podcast in America, Remarkable Retail with his partner, Dallas-based best-selling author Steve Dennis; Canada's top retail industry podcast The Voice of Retail and Canada's top food industry and one of the top Canadian-produced management independent podcasts in the country, The Food Professor with Dr. Sylvain Charlebois from Dalhousie University in Halifax.Rethink Retail has recognized Michael as one of the top global retail experts for the fifth year in a row, the National Retail Federation has designated Michael as on their Top Retail Voices for 2025, Thinkers 360 has named him on of the Top 50 global thought leaders in retail, RTIH has named him a top 100 global though leader in retail technology and Coresight Research has named Michael a Retail AI Influencer. If you are a BBQ fan, you can tune into Michael's cooking show, Last Request BBQ, on YouTube, Instagram, X and yes, TikTok.Michael is available for keynote presentations helping retailers, brands and retail industry insiders explaining the current state and future of the retail industry in North America and around the world.

Episode 089: Molly Weiss, Group President of Wealth Platforms at Envestnet, is a 20-year financial services veteran who drives Envestnet's end-to-end technology and solutions ranging from portfolio management, financial planning, performance reporting, and digital account management tools. Over her tenure at Envestnet, she has played a pivotal role in shaping scalable solutions that empower advisors to serve clients more effectively.  In this episode, Kyle and Molly explore the critical role of configurability in building scalable tech, the evolving landscape of UMA, and how advisors are blending custom portfolio construction with third-party management. Molly shares what's ahead at Envestnet's Elevate conference, how AI will empower—not replace—advisors, and why personalization and access to alternatives are shaping the future of wealth management. In this episode: (00:00) - Intro (01:48) - Molly's money moment (04:20) - Common challenges faced by firms of all sizes (06:09) - Molly's perspective on “scale” in the financial industry (07:50) - What to expect at Envestnet Elevate 2025 (11:48) - How Envestnet leverages third-party asset management (14:52) - The multifaceted role of advisors (18:17) - Managing diverse investment solutions (22:14) - Speakers at the Envestnet Elevate 2025 conference (24:19) - Envestnet's focus on ultra-high-net-worth clients (25:48) - The future of financial advice (30:23) - Molly's thoughts on alternative investments (33:36) - Molly's Milemarker Minute Key Takeaways True scalability in advisory tech isn't about one-size-fits-all solutions or endless customization. Instead, it's about creating configurable systems that can adapt to a firm's unique needs without added complexity—allowing both large institutions and small RIAs to grow efficiently. AI won't diminish the advisor's value—it will amplify it. By automating routine tasks and surfacing meaningful insights, AI can free advisors to focus more on high-impact, human-centered work like client relationships, planning, and trust-building. Clients don't just want a 60/40 portfolio; they need guidance through complex life decisions. Advisors are part coach, part therapist, and part strategist. The tech behind the scenes should support that full spectrum of client service. Just as SMAs and UMAs became accessible to more clients over time, the future is about lowering barriers to non-traditional assets. Advisors should prepare to integrate alternatives and illiquid investments into broader portfolios, especially as client demand for diversification and behavioral discipline grows. Quotes "If everything you do is either about customization or one size has to fit all, you can't scale. But if you think about technology as a really configurable set of capabilities, a firm can grow because as they need more, it's already there. It just needs to be configured." ~ Molly Weiss "Part of an advisor's job is translating human problems into something that helps solve those problems. And that includes technology that helps the portfolio management process, taxes, performance, and life events that might change all that and throw it all up in the air." ~ Molly Weiss Links  Molly Weiss on LinkedIn Envestnet Bill Crager Envestnet Elevate 2025 Katty Kay Dennis Moseley-Williams Allistair McCaw Chris Todd Margo's Got Money Troubles Connect with our hosts Milemarker.co Kyle on LinkedIn Jud on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify YouTube Produce game-changing content with Turncast Turncast helps your company grow by producing top-quality content and fostering transformative conversations. We specialize in content generation, podcasting, digital strategy, and audience growth for fintech and financial services companies. Learn more at Turncast.com.

Development finance is no longer just about aid. It's about power, priorities, and who gets to decide.For decades, institutions like the World Bank and IMF have set the agenda, with high-income countries holding the reins. But a shift is underway. Southern-led multilateral development banks (MDBs) – where borrowing nations are also the majority shareholders – are rewriting the rules.These banks, like CAF (Development Bank of Latin America) and the Trade and Development Bank (TDB) Group, bring something different to the table: speed, flexibility, and a laser focus on local needs. But they also face hurdles: higher borrowing costs, limited global visibility, and the challenge of financing a just climate transition in economies still grappling with poverty.With the Spring Meetings taking place later this month, this episode dives into the rise of these institutions. Are they the future of development finance? Can they complement – or even challenge – traditional MDBs? And what reforms are needed to unlock their full potential?GuestsSara Pantuliano (host), Chief Executive, ODI GlobalAlejandra Botero, Director of Strategy and Development, CAFChris Humphrey, Senior Research Associate, ODI GlobalAdmassu Tadesse, Group President and Managing Director, TDB GroupRelated resourcesODI Global resources on multilateral development banksSouthern-led multilateral channels for climate finance (Working paper, ODI Global)What makes an MDB an MDB? Southern-led multilateral banks and the sovereign debt crisis (Working paper, ODI Global)Climate-smart reform of multilateral development banks: priorities for the G20 (Policy brief, ODI Global)Investing for resilience: a panel discussion with Asian Infrastructure Investment Bank President Jin Liqun (Event video, ODI Global)What do borrowing countries think of MDB reform? (Think Change podcast, ODI Global)

In the kickoff episode of Season 2 of Ortho Innovation Talks, Louie Vogt, Group President of Reconstructive at Enovis, takes us inside the company's strategic growth in orthopedics. Vogt shares how Enovis has transformed into a major player in the reconstructive space through key acquisitions and bold bets on innovative implant designs. He discusses the evolution of knee implants, highlighting Enovis' pioneering work with kinematically driven bearings and the dual pivot knee concept. Vogt also touches on the growing role of robotics and enabling technologies in orthopedic surgery, emphasizing how these advancements are changing the surgeon experience and patient outcomes. Beyond knees, Vogt explores Enovis' expansion into foot and ankle reconstruction—a rapidly growing market—and how the company is leveraging M&A and innovation to carve out a competitive edge. As Enovis looks ahead to 2025, Vogt teases major product launches in shoulders, hips, and extremities, signaling another big year for the company. This conversation comes to you courtesy of our sponsor, Paragon Medical. To learn more about how Paragon Medical can help you bring your device to market faster, visit them at www.paragonmedical.com. Tune in and subscribe to DeviceTalks on all major podcast channels and follow youtube.com/@DeviceTalks to ensure you never miss an episode. WATCH and LISTEN below, thank you for supporting Ortho Innovation Talks!

It's a milestone...Episode 200 of the #LovinLebanon Podcast!  In this installment, we go directly to the source and wade into a much talked topic in our community - water. Mayor Matt Gentry is our guest, as is Citizens Energy Group President & CEO Jeff Harrison. Both men share the details of the Citizens/Lebanon agreement, detailing when the increased water supply will arrive, and what that timeline means for future development. Episode 200 is overflowing with important info - and it starts right now!   More Details: https://lebanon.in.gov/2024/11/20/citizens-energy-shares-lebanon-water-supply-program-update/  

In this episode of Lead the Future, Dr. Vince Molinaro sits down with Brad Furtney, Division President at EverCommerce, to uncover how Brad has successfully led the integration and growth of multiple acquired software companies. With over 25 years of leadership experience across diverse industries, Brad shares the strategies and insights that have driven 16% annual revenue growth, exceptional employee engagement scores, and a thriving culture of leadership development.  “We've built a community of leaders that supports each other across companies, creating a culture where they can share their experiences and solve challenges together.” – Brad Furtney, Group President 

In this special edition of Money Management, Opus 111 Group President and founder Jim Harvey takes a look at four financial guru's, their predictions for 2025 and their accuracy on their predictions for 2024. Enjoy this commercial-free version originally broadcast on Saturday, January 11th, 2025. The Investment Advisor Representatives (IARs) use the trade name/DBA, Opus 111 Group. All securities & advisory services are offered through Commonwealth Financial Network©, Member FINRA/SIPC, a Registered Investment Adviser. For a current list of our IARs please visit our website. Fixed insurance products and services are separate from and not offered through Commonwealth Financial Network. The Financial Advisors associated with this website may discuss and/or transact business only with residents in states where they are properly registered or licensed. No offers may be made or accepted from any resident of any other state. Please check Broker Check for a list of current registrations Information presented on this site is for informational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any product or security. Review our Terms of Use: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.commonwealth.com/termsofuse.html⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Opus 111 Group is located at 111 Queen Anne Avenue North Suite 501 Seattle, WA 98109-4925. Reach us at (206) 283-2345 or ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠info@opus111group.com⁠

Hva er de viktigste utviklingstrekkene for teknologi, næringsliv, arbeidsliv og samfunnsliv? Hva gleder og gruer topp-politikere og toppledere seg til i 2025? Hva bør hver og en prioritere i året som kommer? Lytt til samtalen med: Andreas Motzfeldt Kravik, statssekretær (Ap), Utenriksdepartementet Remi Eriksen, Group President & CEO, DNV og Direksjonsmedlem, Polyteknisk Forening Camilla Stoltenberg, konsernsjef, NORCE og Direksjonsmedlem, Polyteknisk Forening Elisabet Haugsbø, president, Tekna, informasjonssikkerhetsleder, Zebra Consulting og Direksjonsmedlem, Polyteknisk Forening Torbjørn Røe Isaksen, samfunnsredaktør i E24, er programleder Du lærer om status for geopolitikk, teknologi, energi, helse og kompetanse, og får konkrete tips om hva det er verdt å følge med på i 2025. Du hører om det beste og det verste deltagerne ser for seg, og om løsninger for å få mer av det første og mindre av det siste. Tillit, samarbeid og beredskap på tvers er de enige om. Denne episoden er et opptak fra Trend'25-seminaret i Polyteknisk Forening. Hosted on Acast. See acast.com/privacy for more information.

Arkin President, Jack Devine discusses the deadly New Orleans attack and the cyber truck explosion outside of Trump Hotel in Las Vegas. He is joined by Bloomberg's Tom Keene and Paul Sweeney.See omnystudio.com/listener for privacy information.

Catch the 2024 TMG Year in Review episode with Travel Media Group President, Dana Singer as she joins the Suite Spot to discuss all the milestones and monumental achievements this past year and what hoteliers can expect from TMG in 2025.   Ryan Embree: Welcome to Suite Spot, where hoteliers check in, and we check out what's trending in hotel marketing. I'm your host, Ryan Embee. Hello everyone. Welcome to another episode of The Suite Spot. This is your host, Ryan Embree. Thank you so much for joining us. Wherever you're listening or watching us from. If you are watching us on our official TMG YouTube channel, you will see that we are in a brand new space. We're in a brand new area. I'm so proud to launch and announce our very own Suite Spot podcast studio. This is a long time coming, my guest here in a second, we're gonna talk about it. We're really excited. You know, we put a lot of time and effort into this podcast studio to bring you the listener, our hotel audience, the best quality and video, and hopefully we can have more and more guests come in studio and do these podcasts with you today. But for now, we've got a very familiar guest, an annual tradition, one of my favorites, President at Travel Media Group, Dana Singer. Thank you so much, Dana, for being on the Suite Spot once again. Dana Singer: Absolutely. Good morning, Ryan. Ryan Embree: Yeah, we're excited. We're here to, as the titles talks about, talk about 2024 TMG year in review. Again, one of my favorite annual traditions that we do here. We cover a lot of ground in 2024 as a company, as an organization, but more importantly for our hotel partners who've had a lot of success. Talk to us. We're gonna talk about 2025 and, and maybe some of the foundation that's been built for moving forward, but this is a great time of year to also reflect back on all those successes. Talk to us a little bit about 2024 and the journey for our hotel partners. Dana Singer: Absolutely. I mean, 2024 has truly been a special year for travel media group in so in so many ways. Most importantly, for the hospitality partners that we work with every day. You just mentioned the success that we were able to experience with all of them. And one of our most important milestones though, was really moving into our new headquarters. And it's not just about a bigger building, it's about creating a collaborative space that supports the growth of our teams. So we can continue to innovate and serve our partners at the highest levels of support and expertise. Internally, we've developed a number of exciting new solutions. We've enhanced our services and support, and we continue to find ways to better understand and meet our partner's needs. And to do that, we've intentionally dug deeper, into the challenges and opportunities our partners face, and we've created resources around them. We're so committed to giving hotels the tools they need to achieve their goals and succeed, especially as guest expectations evolve. Ryan Embree: Yeah, and that's key. We've talked a lot about on this podcast, you know, almost feels like technology in our industry is moving faster than ever. Something that maybe took a couple years to implement is now changing within the quarter that's due to technology, AI all sorts of different factors. Guest expectations certainly have changed over the past couple years. We've talked about it on this particular episode, over the years. Let's talk about those ever changing guest expectations and what Travel Media Group continues to do to innovate and kind of keep pace with those changes. Dana Singer: I mean, guest expectations are constantly shifting, so it's crucial for us to not only keep up, but stay ahead. And at TMG innovation has been at the heart of our adaptation. One of our significant advancements this year was the introduction of the Guest Experience Snapshot. And this tool has really been a game changer for our partners,

In this episode of The Brand Called You, Jay Jain, Co-Founder, of Astute Group, discusses his 30-year entrepreneurial journey from starting in his family's traditional business at age 14 to pioneering mobile and digital innovation. He shares how he and his brother disrupted the value-added services market. Jay explains his approach to building successful teams in tier-2 cities, emphasizing respect and talent development. He discusses the critical role of mentorship in risk management and scaling decisions, drawing insights from both modern business practices and ancient wisdom. Jay also shares his philosophy of balancing the three Ps - Professional, Personal, and Parivaar (family) life. About Jay Jain Jay Jain is the Co-Founder, of Astute Group. He is also the President of TiE Madhya Pradesh. Jay has founded 14 companies across mobile and IOT in various sectors including IT, Digital Content, Mobile Apps Product Portfolio, and FinTech. --- Support this podcast: https://podcasters.spotify.com/pod/show/tbcy/support

The Gabelli Team co-hosted the 6th Annual Healthcare Symposium with Columbia Business School at the Paley Center in New York City on November 15th: https://business.columbia.edu/healthcare/events/gabelli-funds-columbia-business-school-healthcare-symposium AGENDA 8:45 AM Introduction - Jeff Jonas, CFA, & Carri Chan, PhD PANEL 1 9:00AM Panel 1 - led by Jeff Jonas, CFA *"Unlocking the Potential of Surgical Robotics and Artificial Intelligence"* Panel Participants: • Gretchen Jackson, MD, PhD, Vice President, Scientific Medical Officer at Intuitive • Joshua Stopek, PhD, Vice President Research and Development at HistoSonics • Martin Martino, MD, MBA, Medical Director of Gynecology and Robotic Surgery at Ascension Watch here: https://youtu.be/MWIx_kxcnug PANEL 2 10:10AM Panel 2 - led by Daniel Barasa, MBA "Interoperability, Digital Transformation and Enhancing Patient Care" Panel Participants: • Michael Bouton, MD, MBA, Chief Medical Information Officer of NYC Health + Hospitals • Sara Dillon, Chief Data Officer of Henry Schein • Nick Frenzer, VP of Implementation at Epic • Josh Weiner, Senior Vice President, Enterprise Consumer Analytics at CVS Health Watch here: https://youtu.be/Zx2E1XFwN-0 PANEL 3 "Advances in Atrial Fibrillation Technology and Treatment" 11:20AM Panel 3 - led by Carri Chan, PhD Panel Participants: • Joe Fitzgerald, MBA, EVP & Group President, Cardiology at Boston Scientific • Larry Biegelson, Senior Medical Device Analyst at Wells Fargo • Elaine Wan, MD, Esther Adboodi Associate Professor of Medicine in Cardiology and Cardiac Electrophysiology at Columbia University Irving Medical Center Watch here: https://youtu.be/VAetvqKkRjg To learn more about Gabelli Funds' fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email invest@gabelli.com. Connect with Gabelli Funds: • Twitter - https://twitter.com/InvestGabelli • Instagram - https://www.instagram.com/investgabelli/ • Facebook - https://www.facebook.com/InvestGabelli • LinkedIn - https://www.linkedin.com/company/investgabelli/ http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554) 0:00 Welcome 2:55 Introduction 11:37 Panel 1: Unlocking the Potential of Surgical Robotics and Artificial Intelligence

The Gabelli Team co-hosted the 6th Annual Healthcare Symposium with Columbia Business School at the Paley Center in New York City on November 15th: https://business.columbia.edu/healthcare/events/gabelli-funds-columbia-business-school-healthcare-symposium AGENDA 8:45 AM Introduction - Jeff Jonas, CFA, & Carri Chan, PhD PANEL 1 9:00AM Panel 1 - led by Jeff Jonas, CFA "Unlocking the Potential of Surgical Robotics and Artificial Intelligence" Panel Participants: • Gretchen Jackson, MD, PhD, Vice President, Scientific Medical Officer at Intuitive • Joshua Stopek, PhD, Vice President Research and Development at HistoSonics • Martin Martino, MD, MBA, Medical Director of Gynecology and Robotic Surgery at Ascension Watch here: https://youtu.be/MWIx_kxcnug PANEL 2 10:10AM Panel 2 - led by Daniel Barasa, MBA *"Interoperability, Digital Transformation and Enhancing Patient Care"* Panel Participants: • Michael Bouton, MD, MBA, Chief Medical Information Officer of NYC Health + Hospitals • Sara Dillon, Chief Data Officer of Henry Schein • Nick Frenzer, VP of Implementation at Epic • Josh Weiner, Senior Vice President, Enterprise Consumer Analytics at CVS Health Watch here: https://youtu.be/Zx2E1XFwN-0 PANEL 3 "Advances in Atrial Fibrillation Technology and Treatment" 11:20AM Panel 3 - led by Carri Chan, PhD Panel Participants: • Joe Fitzgerald, MBA, EVP & Group President, Cardiology at Boston Scientific • Larry Biegelson, Senior Medical Device Analyst at Wells Fargo • Elaine Wan, MD, Esther Adboodi Associate Professor of Medicine in Cardiology and Cardiac Electrophysiology at Columbia University Irving Medical Center Watch here: https://youtu.be/VAetvqKkRjg To learn more about Gabelli Funds' fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email invest@gabelli.com. Connect with Gabelli Funds: • Twitter - https://twitter.com/InvestGabelli • Instagram - https://www.instagram.com/investgabelli/ • Facebook - https://www.facebook.com/InvestGabelli • LinkedIn - https://www.linkedin.com/company/investgabelli/ http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554)

The Gabelli Team co-hosted the 6th Annual Healthcare Symposium with Columbia Business School at the Paley Center in New York City on November 15th: https://business.columbia.edu/healthcare/events/gabelli-funds-columbia-business-school-healthcare-symposium AGENDA 8:45 AM Introduction - Jeff Jonas, CFA, & Carri Chan, PhD PANEL 1 9:00AM Panel 1 - led by Jeff Jonas, CFA "Unlocking the Potential of Surgical Robotics and Artificial Intelligence" Panel Participants: • Gretchen Jackson, MD, PhD, Vice President, Scientific Medical Officer at Intuitive • Joshua Stopek, PhD, Vice President Research and Development at HistoSonics • Martin Martino, MD, MBA, Medical Director of Gynecology and Robotic Surgery at Ascension https://youtu.be/MWIx_kxcnug PANEL 2 10:10AM Panel 2 - led by Daniel Barasa, MBA "Interoperability, Digital Transformation and Enhancing Patient Care" Panel Participants: • Michael Bouton, MD, MBA, Chief Medical Information Officer of NYC Health + Hospitals • Sara Dillon, Chief Data Officer of Henry Schein • Nick Frenzer, VP of Implementation at Epic • Josh Weiner, Senior Vice President, Enterprise Consumer Analytics at CVS Health https://youtu.be/Zx2E1XFwN-0 PANEL 3 *"Advances in Atrial Fibrillation Technology and Treatment"* 11:20AM Panel 3 - led by Carri Chan, PhD Panel Participants: • Joe Fitzgerald, MBA, EVP & Group President, Cardiology at Boston Scientific • Larry Biegelson, Senior Medical Device Analyst at Wells Fargo • Elaine Wan, MD, Esther Adboodi Associate Professor of Medicine in Cardiology and Cardiac Electrophysiology at Columbia University Irving Medical Center https://youtu.be/VAetvqKkRjg To learn more about Gabelli Funds' fundamental, research-driven approach to investing, visit https://m.gabelli.com/gtv_cu or email invest@gabelli.com. Connect with Gabelli Funds: • Twitter - https://twitter.com/InvestGabelli • Instagram - https://www.instagram.com/investgabelli/ • Facebook - https://www.facebook.com/InvestGabelli • LinkedIn - https://www.linkedin.com/company/investgabelli/ http://www.Gabelli.com Invest with Us 1-800-GABELLI (800-422-3554)

Stephen Grootes speaks to Group President and Chief Investment Officer of Naspers and Prosus, Ervin Tu about Naspers' financial results, which saw a 74% increase in core headline earnings, driven by significant growth in e-commerce profitability and a strong performance from Tencent.See omnystudio.com/listener for privacy information.

Today we had the honor of hosting Pablo Vegas, President and CEO of the Electric Reliability Council of Texas (ERCOT). Pablo was appointed as CEO by Governor Abbott in October 2022, after previously serving as Executive Vice President of NiSource and Group President of NiSource Utilities. His previous management roles included senior positions with both American Electric Power and IBM. Pablo also serves on the Global Advisory Board for the Harvard Business School and is a member of the Texas Advanced Nuclear Working Group. ERCOT manages the flow of electricity to over 27 million Texas customers and oversees one of the most unique power grids in the US. We were thrilled to hear Pablo's unique insights on the latest power developments in Texas and across the US. In our conversation, we explore ERCOT's collaboration with international and domestic grid operators to share best practices for managing intermittent resources and ensuring resource adequacy, ERCOT's unique operational advantages, and Texas's projected electricity demand growth by 2030, which equates to adding Germany's current electricity demand. We discuss the reliability risks associated with renewable energy integration, insights into the current state of battery storage capacity, and the need for Texas market design changes to better incentivize the building of more dispatchable power plants. Pablo shares details about the Texas Energy Fund's $5 billion allocation aimed at incentivizing up to 10 gigawatts of dispatchable power, economic hurdles for coal plants as well as combined-cycle gas plants under EPA regulations requiring carbon capture by the end of 2031, opportunities for nuclear energy development, and the lack of clear market pricing signals in ERCOT compared to capacity market spikes in PJM and MISO. We touch on how the new administration might approach power policy, how current federal regulations hinder power sector growth despite incentives for broader economic expansion, and more. We ended by asking Pablo for his predictions for what Texas's generation mix might look like in five years and for the future of ERCOT's connectivity with other grids. We covered a great deal of territory and can't thank Pablo enough for his insights into all these critical topics. Mike Bradley kicked off the show by highlighting that markets remain in “digestion” mode as they continue to react to Trump's Cabinet picks. Over the weekend, Trump nominated Scott Bessent for Secretary of Treasury and markets responded favorably (bond yields dropped) on Monday as many investors believe he'll be more balanced on the tariff front. However, Trump surprised markets a day later by vowing that he'll levy additional tariffs on China (10%) and new import tariffs (25%) on all Canadian & Mexican goods. On the crude oil market front, WTI traded sideways/slightly down over the past week (~$69/bbl) due to a potential ceasefire deal in the Middle East. He noted that the December 1st OPEC meeting will now be virtual. OPEC's leadership will likely look to extend current production curtailments for another three months to get them through the seasonally weak Q1 period. On the natural gas front, U.S. natural gas price in recent weeks has spiked from ~$3.00/MMBtu to ~$3.40/MMBtu due to a colder 6-10-day weather outlook. The real gas story is in Europe where natural gas price in recent weeks has spiked to ~$15/MMBtu due to an early spell of cold weather, lower LNG shipments and extremely low wind generation. On the broader equity market front, the S&P 500 and Nasdaq were up just over 1.5% over the last week as they continue to digest Trump Cabinet picks and what policy priorities might be enacted on early in his Presidency. On the energy equity front, the Energy sector was one of the few S&P sectors down last week (~1.5%). He also noted a handful of Energy & Materials sector deals this past week and ended by discussing that the COP29 Conference in Baku c

In this episode of Structural Heart Talks, Larry Wood, Corporate VP and Group President, Transcatheter Aortic Valve Replacement and Surgical Structural Heart at Edwards Lifesciences, discusses the transformative journey of transcatheter aortic valve replacement (TAVR) and the SAPIEN valve. Wood reflects on the innovation that enables minimally invasive heart valve replacement, which has become the standard of care for severe aortic stenosis and offers patients faster recovery and greater independence. The conversation explores Edwards' efforts to expand access to TAVR, emphasizing the importance of reducing undertreatment and addressing outdated clinical guidelines that delay intervention. Wood also highlights findings from the recent early TAVR study, which challenges long-standing paradigms and advocates for changes to the guidelines to allow earlier treatment of aortic stenosis before symptoms appear. Thank you to Confluent Medical Technologies for sponsoring this episode of Structural Heart Talks. To learn more about how Confluent Medical supports medical device companies, visit: www.confluentmedical.com. Thank you for listening to the Structural Heart Talks podcast. Tune in and subscribe to the DeviceTalks Podcast Network wherever you get your podcasts and follow youtube.com/@DeviceTalks or the Structural Heart Talks on YouTube Podcasts to ensure you never miss an episode.

OPENING KEYNOTE REMARKS Mr. Remi Eriksen, Group President and CEO – DNV World Maritime Merchants Forum - Capital Link Hong Kong Forum Tuesday, November 19, 2024 Hong Kong Convention and Exhibition Centre - Hong Kong Hosted by: Capital Link & China Merchants Group In partnership with DNV and in cooperation with the Hong Kong Maritime Port and Board during the 2024 Hong Kong Maritime Week, and with the support of BIMCO, HKSOA and ICS.

In this StrykerTalks episode, Andy Pierce, Group President of MedSurg and Neurotechnology at Stryker, shares his insights on the company's commitment to innovation, growth, and patient-centered care. Pierce reflects on his 29-year journey with Stryker, highlighting the high-performance culture shaped by entrepreneurial spirit, growth targets, and strategic acquisitions. He discusses how Stryker's decentralized structure supports quick, localized decision-making while fostering collaboration across its business units. The conversation also explores the company's M&A strategy, focusing on acquisitions that bring de-risked, high-impact technologies that align with Stryker's long-term goals. Pierce provides an inside look at Stryker's engagement with the soft tissue robotics space, its approach to balancing internal and external innovation, and the proactive steps Stryker takes to address healthcare staffing shortages with technology. Thank you to Vantedge Medical for sponsoring this episode. To learn more about how Vantedge Medical works with medical device companies, visit www.vantedgemedical.com Thank you for listening to the StrykerTalks Podcast. Subscribe to the DeviceTalks Podcast Network so you don't miss a future episode.

The race for industry recognition is on at Nor-Shipping 2025, with today's launch of the prestigious Next Generation Ship and Ocean Solutions Awards. Nor-Shipping 2025 plans to gather industry leaders from across the globe to debate methods, share knowledge, showcase innovation, and build the necessary relationships to navigate toward a future of sustainable success. The accolades support the exhibition and event week's main theme of #future-proof, as leading global innovators compete against one another to showcase truly defining projects and solutions. Both awards, which hold extra significance coming in Nor-Shipping's 60th anniversary year, will be judged by expert panels, with Remi Erikson, Group President and CEO, DNV, leading deliberations for the Next Generation Ship jury, and Kjerstin Braathen, Group CEO, DNB, taking charge for the Ocean Solutions Award. The Ocean Solutions Award focuses on trailblazing ideas, products, and concepts conceived to address some of the most pressing challenges facing the maritime and ocean industries. The Next Generation Ship Award assesses breakthrough newbuild, retrofit and conversion projects, with all ship types given equal consideration, regardless of size or segment. 'Your time to shine' The Next Generation Ship Award winner will be revealed at the Nor-Shipping Opening Ceremony at Oslo City Hall in Norway on 2 June, while the Ocean Solutions Award will be handed out at Nor-Shipping's Ocean Leadership Conference the following day. "All eyes will be on Norway next June and, as ever, our winners will have a unique opportunity to showcase their ambition, dedication and innovation to a global audience of key decision-makers," said Sidsel Norvik, Director of Nor-Shipping. "As befits our anniversary, next time promises to be our biggest and best Nor-Shipping yet, so I think that elevates attention levels to a new high. Ambitious businesses take note… this is your time to shine, demonstrating how your projects and solutions are capable of helping steer our industry towards bright, prosperous and sustainable horizons. We wish everyone the very best of luck." Addressing challenges, identifying opportunities The Next Generation Ship Award assesses breakthrough newbuild, retrofit and conversion projects, with all ship types given equal consideration, regardless of size or segment. Entrants will have to impress an international jury across key criteria of energy efficiency, innovation, suitability and flexibility, technology utilisation, safety and security, and environmental sustainability. The lucky winner will join past title holders including Terntank, 2023's winner for its 15,000dwt Hybrid Tanker newbuild series, and Havila Voyages, which secured the 2022 accolade for coastal cruise ferry Havila Capella. The Ocean Solutions Award, meanwhile, shifts the focus to trailblazing ideas, products, and concepts conceived to address some of the most pressing challenges facing the maritime and ocean industries. Entrants, who should be participants at Nor-Shipping 2025, must prove their solutions are either currently available or near commercialisation to ensure industry impact. AlfaWall Oceanbird won in 2023 for its folding wing sail system, with the first retrofit due to take place early next year onboard Wallenius Wilhelmsen's vessel Tirranna. Agenda setting "Nor-Shipping has always worked to provide a platform for the ideas and organisations which help to set the ocean business agenda, and our awards are an integral part of that mission," notes Norvik. "We want to showcase how the most innovative approaches can turn challenges into opportunities, recognising and rewarding the players pushing boundaries to deliver unique commercial and environmental benefits. It'll be exciting to see who is competing to #future-proof our industry, and scoop these coveted awards, in 2025." Nor-Shipping takes place at venues across Oslo and Lillestrøm 2-6 June 2025. Alongside the awards and main exhibition, a diver...

"At the end of the day, what you're doing, is helping people during their most terrible times." Juan Andrade's career has spanned journalism, federal government service, and now his role as President & CEO of Everest Group (NYSE: EG). Throughout his journey, in different facets, he has remained committed to advancing the common good. Now at the helm of the leading global underwriter, Juan reflects on his unique path to leadership, the challenges of stepping into his role at the onset of the COVID-19 pandemic, the current state of the insurance and reinsurance industries, and his vision for Everest Group's future. https://www.ice.com/insights/conversations/inside-the-ice-house

Gen Z is in the workforce and starting to have opportunities to rise up the ladder for management. Operative word being opportunities. They aren't necessarily taking these jobs because of responsability. Is this laziness? Or good strategy to not get burned out with work? LAK Group President, and friend of the show, Mike Grubich joins the show to talk workplace habits and the goals of Gen Z.

What are corporates and financial institutions looking for from Islamic hedging tools? What exposures can realistically be managed and how do Islamic hedging tools fit into a wider risk management framework? What can and cannot be structured, and what are the most prominent principles hedging tools are based on? What is the Tahawwut Master Agreement and why is it important? How can hedging tools be used for specific purposes such as Islamic energy commodity derivative trades?Moderator:Abdulkader Thomas, Group President and CEO, SHAPE Knowledge ServicesPanelists:Ahmed Ali Siddiqui, Senior Executive Vice President & Head Shariah Compliance, Meezan BankMohamed Iqbal Mohamed Iqbal, Independent Non-Executive Director, Agrobank MalaysiaDr Mohammad Mahbubi, Chairman, Sidogiri Islamic Institute

Send us a textValue-based care often focuses on primary care rather than specialties.But can and should that change?Especially when it comes to cardiology.In this HealthBiz Brief, George Aloth, CEO of Chamber Cardio, explains how they are enabling cardiology teams to excel in a value-based system by ensuring providers are rewarded for delivering the right care at the right time.This episode is brought to you by BetterHelp. Give online therapy a try at https://betterhelp.com/caretalk and get on your way to being your best self.As a BetterHelp affiliate, we may receive compensation from BetterHelp if you purchase products or services through the links provided.

The first quarterly report on public service targets shows rates of people victimised have risen by 30 thousand people to the end of June.  The government's goal is to reduce that by 20 thousand within the next six years.   It's bringing sentencing law reforms to Parliament this week to reduce discounts and add aggravating factors.  Crime Prevention Group President Sunny Kaushal told Mike Hosking these reforms and others in the works will make an impact.  He believes it'll bring accountability and the consequences that's been missing for years.  LISTEN ABOVE See omnystudio.com/listener for privacy information.

We want to hear from you! Send us a text message.Get ready for a deep dive into the world of welding with the leader of an iconic brand in welding...Miller Electric!Dave Lambert, Group President of Miller Electric gives us an update on the state of the welding industry, the future of manufacturing, and the evolving workforce needs. With nearly a century of innovation under its belt, Miller Electric is a household name in welding and manufacturing. Dave shares how the company stays ahead of the curve with cutting-edge technology and a steadfast commitment to its people and community.In this episode, you'll hear Dave's insights on navigating the challenges and opportunities in modern manufacturing. From workforce development and skills training to automation and AI integration, discover how one of the most recognized brands in the industry is positioning itself for the future. Whether you're in education, manufacturing, or simply passionate about technology, this conversation is packed with valuable takeaways.What you'll learn:How Miller Electric is bridging the skilled labor gap with new training methods and technologiesThe impact of robotics and AI on the welding industryKey tactics for preserving a strong, engaged company culture through growth and changeEmerging roles and opportunities for women in welding and advanced manufacturingApplying the 80/20 rule to streamline operations and maximize business impactQuotable Moments:"If you needed another reason to consider a career in welding, a highly skilled welder can easily earn six figures in this business without the need for a traditional college degree."3 Big Takeaways from this Episode:Welding today is driven by data and advanced technology: Modern welding is not the dirty, manual job it once was; it's now powered by data, automation, and AI. Dave Lambert explains how innovations like real-time data monitoring, collaborative robots, and AI-driven weld quality control are transforming welding into a high-tech, precise profession.Welding offers high-reward careers, but employers must compete for talent: Skilled welders are in high demand and can command impressive salaries without a traditional college degree. Lambert discusses how companies need to offer more than just competitive pay—they must create compelling cultures, growth opportunities, and innovative environments to attract and retain talent.Strong leadership and a vibrant company culture drive long-term success: Maintaining a healthy company culture through growth and change is crucial for sustained innovation and engagement. Lambert shares how Miller Electric focuses on humble leadership, community involvement, and empowering employees to keep the company's culture strong and adaptable.Resources in this Episode:Learn more about Miller Electric: https://www.millerwelds.com/Discover Miller's augmented reality and live welding training tools for education.Learn more about the APT MOD-Weld.More notes and resources on the episode page: https://teInstagram - Facebook - YouTube - TikTok - Twitter - LinkedIn

Ujjwal Kumar, group president of Teradyne Robotics, sits down with Heidrick & Struggles' Jerry Gorss to discuss the changing status quo of the industrial robotics sector and manufacturing generally. Kumar shares his outlook on how the next 12 months will impact the industry, particularly its leadership needs. He also shares what he believes are the key characteristics a successful robotics and automation leader of the future must have, how he thinks about the balance on his teams between specific areas of expertise versus general all-around performers, and how AI and software expertise affects his overall talent strategy. Hosted on Acast. See acast.com/privacy for more information.

This episode dives into the heart of the robotics industry with a special treat: the keynote fireside chat from the 2024 Robotics Summit. Join us as we listen in on Steve Crowe's insightful conversation with Ujjwal Kumar, Group President of Teradyne Robotics. They delve into the landscape of robotics, discussing Teredyne's collaborative robotics divisions UR and MiR, and sharing Ujjwal's unique perspective on the industry's future. Catch up on the latest news in the robotics industry this week, including an update on Serve Robotics newest merchant: Shake Shack, and a conversation with Serve Robotics President and COO, Touraj Parang about the expansion of service earlier in the week,

August 2, 2024 ~ Chuck Binkowski, Barton Malow Chief Operating Officer, Tom Lutz President Michigan Regional Council of Carpenters and Millwrights and Trevor Bauer Vice Chairman and Group President for DTE Energy join Paul live from the Barton Malow 100th Anniverary Celebration.

In this episode of StrykerTalks, we welcome back Andy Pierce, Group President of MedSurg and Neurotechnology, to discuss the impact of the Vocera acquisition and how Vocera's dynamic clinical workflow addresses staffing shortages and enhances efficiency. Additionally, the episode covers Stryker's new LIFEPAK 35 monitor/defibrillator, advancements in the 1788 visualization platform, and ongoing innovations in the neurovascular space. Pierce also touches on plans for incorporating Vocera into more Stryker products and the company's interest in soft-tissue surgical robotics. Want more from Andy Pierce? Explore his previous appearances on the DeviceTalks Podcast Network. Prior appearance on StrykerTalks: https://www.devicetalks.com/pierce-talks-innovation-vocera-ascs-and-why-nurses-hug-strykers-neptune-waste-management-system/ Prior appearance on DT Weekly: https://www.devicetalks.com/lobo-and-pierce-talk-wright-cool-tech-robotics-and-the-not-so-secret-plans-to-keep-stryker-growing/ Thank you to S2 Insight, Inc. for sponsoring this episode. To learn more about how S2 Insight, Inc. supports medical device companies, visit https://www.s2insight.com/case-studies. Thank you for listening to the StrykerTalks Podcast. Subscribe to the DeviceTalks Podcast Network so you don't miss a future episode.

In this conversation, Kimberly Snyder interviews Ken Cook, the president of the Environmental Working Group, about the Farm Bill and the importance of protecting families and children from toxic substances. They discuss the impact of the Farm Bill on farmers, the environment, and low-income families, and how individuals can support positive change. They also talk about ways to protect ourselves from toxic chemicals, such as filtering tap water, choosing organic produce, and using safer personal care products. The conversation concludes with a discussion on fertility and the potential effects of environmental toxins on reproductive health. The conversation explores ways to enhance male and female fertility and protect against reproductive health issues. Microplastics and forever chemicals (PFAS) are also discussed as major environmental concerns that can contaminate water and food. The conversation emphasizes the need for individual action, such as filtering water and reducing plastic use, as well as advocating for policy changes to address these issues.EPISODE SPONSORSSUNWARRIORI highly recommend you visit Sunwarrior.com today and don't forget to enter my special discount code “KIMBERLY” at checkout to get 15% off my favorite protein powder. LMNTRight now, for my listeners LMNT is offering a free sample pack with any LMNT drink mix purchase at DrinkLMNT.com/FEELGOOD.

Ken Cook, president and co-founder of Environmental Working Group, is widely recognized as one of the environmental community's most prominent and influential critics of industrial agriculture, U.S. food and farm policy and the nation's broken approach to protecting families and children from toxic substances. This conversation explores the Environmental Working Group work with the US Farm Bill and the importance of protecting families and children from toxic substances. We discuss the impact of the Farm Bill on farmers, the environment, and low-income families, and how individuals can support positive change. We also discuss ways to protect ourselves from toxic chemicals, such as filtering tap water, choosing organic produce, and using safer personal care products as well as a discussion on fertility and the potential effects of environmental toxins on reproductive health. Our conversation concludes with an alarming discussion on microplastics and forever chemicals (PFAS) in the water and food supply chain and the need for individual action, such as filtering water and reducing plastic use, as well as advocating for policy changes to address these issues. Stay informed as Ken and the EWG are doing amazing work for us! Enjoy!

Miguel Armaza interviews Anthony Denier, Group President of Webull Corporation, a global digital investment platform serving 20 million users in over a dozen countries worldwide.We discuss:What it takes to be a great trader on and off the trading floorHow technology, client demands, and regulation transformed the trading industry in the last two decadesWhy Webull decided to expand beyond the US, making a big push in places like Latin America and AsiaWebull's plan to go public via a $7 Billion SPAC… and a lot more!Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today's global leaders that will dominate the 21st century in fintech, business, and beyond.Do you prefer a written summary? Check out the Fintech Leaders newsletter and join ~70,000+ readers and listeners worldwide!Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.Miguel on LinkedIn: https://bit.ly/3nKha4ZMiguel on Twitter: https://bit.ly/2Jb5oBcFintech Leaders Newsletter: bit.ly/3jWIp

Growing up in South Louisiana, Randy Breaux started working young, inspired by his machinist father and grandfather. His formal career began after college, spending 26 years in manufacturing, with 21 of those at Baldor Electric Company. Following its acquisition by a European firm in 2011, he transitioned to the distribution side, joining Motion, a division of Genuine Parts Company.At Motion, Breaux held various roles, eventually becoming President in 2018. In March 2023, he was appointed Group President for GPC North America, overseeing both the industrial and automotive sectors, which included NAPA.Breaux's leadership philosophy emphasizes four key tenets: vision, strategy, structure, and culture. He believes a clear vision supported by a robust strategy, executed within an effective structure, and underpinned by a strong culture, is crucial for business success. He also highlights the importance of avoiding the "ABCs" - arrogance, bureaucracy, and complacency - while building a high-performing team.A mentor taught him the importance of transparency and honesty, guiding principles that have shaped his management style. Breaux prioritizes building solid relationships based on trust and transparency, believing that success naturally follows strong relationships. This approach extends to his dealings with employees, customers, and shareholders.In his view, focusing on customer needs is paramount, rather than closely monitoring competitors. He emphasizes the importance of understanding and meeting customer expectations to drive value and build lasting partnerships.While NAPA serves both DIY and professional customers, Breaux highlights the company's strong reputation among professionals as the key focus. The complexity of modern vehicles often necessitates professional repair services, which aligns with NAPA's commitment to supporting professional repair shops and fleet managers.Episode OverviewRandy Breaux discusses his career, starting at NAPA and transitioning into a role with GPC (1:46)Breaux shares his philosophies on an effective work environment, also known as ‘Breaux Knows' (5:10)Why Breaux lives by the philosophy “relationships first, success follows” when it comes to business (10:30)A focus on customers over competition and why Breaux believes this leads to success (11:22)Coming up on a year in his new role, Breaux shares his impressions of the aftermarket (12:35)B2B or B2C, Breaux explains NAPA's main focus (14:07)Breaux shares his Charles Barkley story (16:37)Lightning Round (19:37)

Sage Hospitality Group President, Hotels & Restaurants Daniel del Olmo and I caught up during the NYU Hospitality Investment Conference and discussed why there's so many hotel management companies, how these companies can differentiate themselves and the danger of allowing tech to take the humanity out of hospitality. Thanks to Unifocus , technology that drives value, for supporting this video!

InDrive, a top-tier provider of mobility and ride-hailing services, is set to redefine the urban mobility scene with its groundbreaking fare negotiation feature. This pioneering approach ensures fair pricing for both riders and drivers alike. We caught up with Mark Loughran, Group President of inDrive, to delve into the company's core mission, its impact on urban communities, and its expanding presence in Malaysia.

In an era where financial transactions and corporate expense management are undergoing revolutionary changes, it's critical to stay ahead of the curve. Our latest podcast episode features Rick Fletcher, Group President of Corpay Payables, who shares his extensive knowledge and insights into mastering global expense management and embracing payment innovations.Rick discusses the complexities of managing corporate expenses, particularly for middle-market companies. He points out that while larger banks might overlook these businesses, Corpay thrives by offering comprehensive services tailored to their needs. This approach not only empowers companies to make better financial decisions but also ensures policy compliance through customized financial tools.As the market for financial outflows and payment solutions becomes more dynamic, Rick emphasizes the importance of fusing technology with human-driven processes. This blend is pivotal for creating specialized card programs that complement broader expense management strategies. Furthermore, the efficiency of back-office operations is crucial for executing payments, managing working capital, and preventing fraud.

Ryan Tyson, Tyson Group President, on latest polling for Missouri Governor's race | 5-7-24See omnystudio.com/listener for privacy information.

In this episode of Medsider Radio, we had an insightful discussion with Dr. Eric Fain, CEO and President of Procyrion — a startup developing an advanced percutaneous mechanical circulatory support device for patients with chronic heart failure.  Eric began his career at Ventritex, a startup focused on implantable defibrillators. Over the next 30 years, and through the company's acquisition by St. Jude Medical, he has held a number of leadership roles overseeing global sales, marketing, R&D, and clinical, eventually becoming the Group President via St. Jude's exit to Abbott. In this interview, Eric shares his expertise in managing startup finances, attracting investors through strategic planning, drawing up clear clinical roadmaps, and engaging with payers to catalyze commercialization. Before we dive into the discussion, I wanted to mention a few things:First, if you're into learning from medical device and health technology founders and CEOs, and want to know when new interviews are live, head over to Medsider.com and sign up for our free newsletter.Second, if you want to peek behind the curtain of the world's most successful startups, you should consider a Medsider premium membership. You'll learn the strategies and tactics that founders and CEOs use to build and grow companies like Silk Road Medical, AliveCor, Shockwave Medical, and hundreds more!We recently introduced some fantastic additions exclusively for Medsider premium members, including playbooks, which are curated collections of our top Medsider interviews on key topics like capital fundraising and risk mitigation, and a curated investor database to help you discover your next medical device or health technology investor!In addition to the entire back catalog of Medsider interviews over the past decade, premium members also get a copy of every volume of Medsider Mentors at no additional cost, including the latest Medsider Mentors Volume V. If you're interested, go to medsider.com/subscribe to learn more.Lastly, if you'd rather read than listen, here's a link to the full interview with Dr. Eric Fain.

In the debut episode of our podcast, we speak with Farouk Ferchichi, Group President of Envestnet | Yodlee and Global Head of Envestnet Data & Analytics about his fintech entrepreneurial background and how what he's learned along the way is being applied now in his work at Envestnet. Our chat covers things like: Effective ways to sell transformation internally Data democratization in the age of drowning in data and data command & control. What is “financial wellness” and is it the same for everyone? The different services financial customers need at every stage of their financial journey. What's the best role for AI to play right now in financial management and advisement? Useful links: Yodlee.com Farouk Ferchichi on LinkedIn

Blackstone Group President Jonathan Gray speaks on Private-Credit tempo. He speaks with Bloomberg's Sonali Basak about real estate, jobs at Blackstone, artificial intelligence and when the Federal Reserve might move on interest rates.See omnystudio.com/listener for privacy information.

In this episode of StrykerTalks, Spencer Stiles, Group President of Orthopaedics and Spine at Stryker, discusses Stryker's latest advancements shaping the future of orthopedics and spine care, including an update on the significant role of Mako, Stryker's pioneering robotic arm-assisted system. Additionally, Stiles discusses the expansive reach of these innovations, emphasizing their rapid adoption across global markets, particularly in Asia, where Stryker's advanced solutions meet diverse clinical needs and operational settings. He shares insights into how these technologies cater to the unique challenges faced in different regions, enhancing Stryker's impact on global healthcare landscapes. The conversation further explores Stryker's strategic growth initiatives, particularly its approach to mergers and acquisitions. Stiles outlines how these moves are carefully crafted to align with Stryker's long-term vision, ensuring that each acquisition not only expands their market presence but also complements their existing portfolio. Thank you to DornerWorks for sponsoring this episode. To learn more about how DornerWorks supports medical device companies, visit www.DornerWorks.com. Thank you for listening to the StrykerTalks Podcast. Subscribe to the DeviceTalks Podcast Network on every major podcast platform.

We dissect leadership lessons from across vastly different scales of eng orgs – ranging from 13,000-people companies to 10-person start-ups – with Jeremy Burton, CEO @ Observe. He shares how he effectively translated leadership skills from working at large-scale orgs to small, early-stage start-ups & addresses challenges faced when scaling at any point. Jeremy covers start-up strategies for bringing your eng teams closer to your customers & driving innovation at large-scale orgs; characteristics of eng leaders that promote successful scaling; gaining & communicating conviction; driving community engagement & building trust within developer communities; and more.ABOUT JEREMY BURTONJeremy Burton is the chief executive officer of Observe, Inc. Prior to Observe, Jeremy was Executive Vice President, Marketing & Corporate Development of Dell Technologies, and served in various leadership roles at EMC prior to Dell. A 20-year veteran of the IT industry, Jeremy joined EMC from Serena Software, where he was President and CEO. Previous to Serena, he led Symantec's $2 billion Enterprise Security product line as Group President of Security and Data Management. Jeremy also served as Veritas' Executive Vice President of Data Management Group and Chief Marketing Officer. Earlier in his career, he spent nearly a decade at Oracle as Senior Vice President of Product and Services Marketing. Jeremy is currently a member of the board of directors at Snowflake, a seat he's held since 2015, and maintains a part-time role on the advisory board at McLaren Group."I hear so many times both in startups and bigger companies, 'Oh, we have a sales execution issue.' If your early sales team is not successful, it's never the sales team. It's always the product. Where bigger companies have built new products, they've probably taken it to market too soon and the salespeople will take it to a mature account. It won't be as mature as the other products. The customer will complain and the salespeople will hate it. It'll get a bad name and then it'll get killed. That's the typical mode of operation that I've seen in a large company, which is why you got to keep it a secret until you've got the MVP, then work with a small set of customers and set the right expectation. When you get it right, you've immediately got a distribution channel that you can scale. If you get it wrong, you'll never scale it and you'll just create a whole bunch of problems in your customer base.”- Jeremy Burton   We now have 10 local communities of engineering leaders hosting in-person meetups all over the world!Local communities are led by eng leaders just like you, who wanted to create a place to connect, share insights & tackle critical challenges in the job.New York City, Boston, Chicago, Seattle, Los Angeles, San Diego, San Francisco, London, Amsterdam, and Toronto in-person events are happening now!We're launching local events all the time - get involved at elc.community!SHOW NOTES:Operating at a scale of 13,000 people vs. early stage with 10 (3:13)How Jeremy adapted to operating at vastly different scales (6:30)Transitioning from a back seat role to the front seat (8:32)Approaches to helping folks better operate in ambiguity & face the unknown (11:20)Cycles that gave Jeremy more confidence to operate in instability (14:26)The romanticization of start-ups & challenges with scaling (18:22)Why eng teams should work directly with customers at start-ups (21:14)Leveraging leadership at large orgs to bring eng teams closer to customers (24:36)Strategies for innovation at large-scale orgs (27:38)Dynamics at big companies that incentivize killing new projects (30:38)Characters of eng leaders that lead to successful scaling / innovation (32:56)Recommendations for gaining conviction & communicating that effectively (34:33)Conversation frameworks for creating alignment (37:43)How to create influence & community engagement for developers (38:55)Gaining trust within your community & exuding authenticity (42:10)Rapid fire questions (44:42)This episode wouldn't have been possible without the help of our incredible production team:Patrick Gallagher - Producer & Co-HostJerry Li - Co-HostNoah Olberding - Associate Producer, Audio & Video Editor https://www.linkedin.com/in/noah-olberding/Dan Overheim - Audio Engineer, Dan's also an avid 3D printer - https://www.bnd3d.com/Ellie Coggins Angus - Copywriter, Check out her other work at https://elliecoggins.com/about/

In this episode, Suzanne Jacobs, Group President of Medical at Real Chemistry, and Trina Stonner, President of Avant Healthcare, discuss Real Chemistry's newly announced acquisition of Avant Healthcare, how the two companies came together and have similar ethos of supporting physicians in advancing patient care, and how the future of medical communications will involve a combination of data, creativity, AI, and human expertise. 

Steven Richman was appointed Group President of Milwaukee Tool in January 2007, and is responsible for all aspects of the business, to include: Milwaukee's Power Tool, OPE, Hand Tool, Storage, PPE, Jobsite Lighting & Clean-up, and Accessory solutions; as well as the company's Empire Level, and Imperial Blade divisions. As such, Mr. Richman oversees Global Product Development, Manufacturing and Operations for each division, as well as Milwaukee® Sales in North and South America. He has over 25 years of experience in the management of industrial, electrical, plumbing, and retail distribution channels. He has held key management positions with BLACK & DECKER®, and MURRAY®, served as President of SKIL® and BOSCH® Power Tools, and served as President and CEO of Werner Co®. Mr. Richman contributes an extensive knowledge of manufacturing, product development, sales, and marketing. Under the category of “long lost episodes” we found this great conversation between Lou and Steven in the lost and found pile. And we're very glad we did. ***CONNECT WITH LOU DIAMOND & THRIVE LOUD***

Javier Coll is Group President of the Hyatt Inclusive Collection. They've redefined the luxury inclusive experience for the modern leisure traveler. We discuss how the company and segment had radically changed in the last decade.

Javier Coll is Group President of the Hyatt Inclusive Collection. They've redefined the luxury inclusive experience for the modern leisure traveler. We discuss how the company and segment had radically changed in the last decade.