Podcasts about Intangibles

ITL digs into the things that won't necessarily show up on a scouting report but could end up making a real difference in Texans-Bills.

In The Loop looks beyond the obvious matchups in Texans-Bills and asks which intangibles could turn into something tangible once the game begins. What little things—momentum, experience, emotion, coaching decisions or unexpected plays—could ultimately swing Week 1? Then it's time for Lunch-Time Confessions, where Lopez has a bone to pick with a Netflix broadcast. The hour wraps with J-Lo's College Football Headline of the Weekend presented by Wrangler, as Lopez picks the college football storyline he'll be watching closest this weekend.

Before you start this episode, please give us a subscribe & leave a ⭐⭐⭐⭐⭐ review on Spotify & YouTube. This helps the podcast grow and makes James very happy."The founders that we invest in, the last thing that they want is our money. They want us."Every big tech company has an alumni investing group, and until this summer Snap was the exception. On this episode of 30 Minutes, Daniel and James sit down with Max Rivera, founder of Ghost Angels, the Snap alumni fund that officially launched in June. Max walks through why he built it: a company that never topped 5,000 employees now has alumni running teams across big tech, the AI labs, and the hyperscalers, plus a bench of founders and investors that includes people like Brian Kim and Jacob Andreou. The fund is deliberately angel-sized, writing $25K to $50K checks that slot into the strategic part of a cap table even in oversubscribed rounds, and it stays focused on social, media, and ad tech where a group of 20 Snap operators is actually useful to a founder. Max shares the first five portfolio companies, including Intangible (a16z speedrun), Ev Williams' new contacts app, YC-backed Lightberry, Snap alumni-founded Auto, and Gen Z location app Corner.The back half gets into how Max actually runs this while holding a full-time job at Microsoft AI. He started angel investing five years ago with what he called "tuition capital," backing about 20 startups purely to learn venture by doing, and he now runs Ghost Angels as what he jokingly calls a vibe-coded fund, with AI handling deal flow ingestion, a custom CRM, LP dashboards, diligence research, and even legal review of SAFEs. He makes the case for being public about side hustles, why operators make better cap table members than career investors, and where Ghost Angels could go next, from a 100-member group to a syndicate for non-Snap believers. Listeners will come away with a practical playbook for starting an alumni fund and a clear picture of why the Snap diaspora is one of the most underrated networks in tech.Thank you to our sponsors:AdQuick – Making OOH advertising as easy to plan, buy, and measure as digital. adquick.comThrad.ai — Building the advertising infrastructure for AI. thrad.aibeehiiv — The all-in-one platform for newsletters, websites, and every tool you need to grow and earn. beehiiv.comThe Farm — Fraction commercial legal with an in-house approach to outside counsel. thefarmllp.comSTAY CONNECTEDJames on Twitter & LinkedIn – /jamesborowDaniel on LinkedIn, Instagram, TikTok – /danieldrugerSubscribe & leave a ⭐⭐⭐⭐⭐ review on Spotify & Apple Podcasts.

The following article of the Professional Services industry is: “Liquid Brands and the Power of Intangibles” by Emanuel Westdorp, Founder and Brand Strategist Director, Naoz. (AA2586)

Shannon Spotswood – CEO, RFG Advisory Choosing a platform isn't just about technology or economics. It's about finding a partner that helps you build the business you actually want to own. Shannon Spotswood explains why growth without compromise starts with choosing the right partner. In Summary What should advisors really look for in a platform partner? Jason Diamond sits down with Shannon Spotswood, CEO of RFG Advisory, to discuss why the best platforms do more than provide technology and operational support—they help advisors build stronger businesses. Shannon shares lessons from helping grow RFG into one of the industry's leading supportive independence firms, covering everything from private equity partnerships and advisor experience to enterprise value, branding, and overcoming the fear that keeps many advisors from pursuing the business they truly want. The Storyline Most advisors evaluating independence compare technology, payouts, and service offerings. Shannon Spotswood believes they're asking the wrong first question. After spending two decades in institutional investing and later helping to rebuild RFG Advisory from the ground up, Shannon has developed a philosophy centered on partnership. She argues that the best platforms function less like vendors and more like long-term business partners, helping advisors spend more time with clients, build enterprise value, and create businesses aligned with their vision rather than forcing compromises. Jason and Shannon discuss what meaningful support actually looks like, why the right private equity partner can accelerate growth rather than restrict it, and why advisors should demand evidence – not marketing promises – when evaluating a platform. The conversation also explores one of the industry's biggest obstacles to change: fear. Shannon explains why outdated assumptions about transitioning firms continue to prevent advisors from building businesses they enjoy, even though data suggests the experience is often far less disruptive than many believe. Ultimately, the discussion reframes independence itself—not as the destination, but as the beginning of choosing the right long-term partners. Topics Covered Evaluating advisor platforms as long-term business partners Building an independent business without compromise Enterprise value and organic growth Private equity as a strategic growth partner Advisor experience and client experience Branding and authenticity in wealth management Overcoming fear and transition myths Technology, outsourcing, and operational leverage Leadership, succession, and organizational growth The future of supportive independence   > Download a transcript of this episode… Listen and Learn Highlights for Advisors Why should advisors think of a platform as a business partner? (10:00) Shannon explains why technology and service alone aren't enough—and why the right partner should help advisors build the business they ultimately want to own. What does “growth without compromise” actually mean? (10:00–17:30) RFG's philosophy centers on helping advisors focus on their highest-value work while surrounding them with integrated support designed to drive enterprise value. Can private equity make a firm better? (25:00) Rather than debating whether private equity is good or bad, Shannon explains why success depends on choosing a partner whose values and long-term vision align with yours. How should advisors evaluate competing platforms? (43:00) Her advice is simple: don't rely on marketing. Speak with advisors already using the platform and ask firms to demonstrate – not simply promise – how they solve problems. Why does fear keep so many advisors from making a change? (48:30) Shannon discusses the “PTSD” many advisors carry from outdated transition stories and why today's reality often looks very different. What does the future of advisor platforms look like? (34:00–42:00) The conversation explores advisor demand for greater personalization, stronger brands, AI-enabled efficiency, and partners that help advisors grow without sacrificing independence. Key Takeaways The best advisor platforms function as long-term strategic partners—not simply service providers. Enterprise value grows when advisors spend more time serving clients and less time managing operations. Private equity can be highly beneficial when partners share a common vision and respect management autonomy. Advisors should evaluate firms based on demonstrated execution rather than marketing claims. Fear remains one of the biggest barriers to advisor movement despite significant improvements in transition support. Authentic branding and deeper client relationships will become increasingly important as AI reshapes wealth management. https://youtu.be/jaSt3-mO0so Quotable Moments “The right partners make you better. The wrong ones can quietly hold you back.” “Don't tell me. Show me.” “Everything you want is on the other side of fear.” “Your team deserves to be happy. You deserve to be happy.”   FAQs What should advisors look for when evaluating an advisor platform? Shannon believes advisors should look beyond technology and economics and evaluate whether a platform acts like a true long-term business partner that helps them grow and build enterprise value. How does RFG define “growth without compromise”? By providing integrated support – from technology and compliance to marketing and coaching – that allows advisors to spend more time with clients while maintaining control of their businesses. Is private equity always good or bad for advisor firms? No. Shannon argues that success depends less on private equity itself and more on choosing partners who share the firm's long-term vision and values. Why do advisors hesitate to make a move? Fear and outdated perceptions about transitions still influence decision-making, even though today's transition experience is often much smoother than advisors expect. How should advisors compare competing platforms? Talk directly with affiliated advisors, ask for measurable evidence of results, and focus on how a platform responds to advisor feedback rather than marketing claims. How is AI changing advisor businesses? AI should enhance – not replace – the advisor relationship by creating operational efficiencies that allow advisors to spend more time delivering personalized advice. Shannon believes advisors should look beyond technology and economics and evaluate whether a platform acts like a true long-term business partner that helps them grow and build enterprise value. By providing integrated support – from technology and compliance to marketing and coaching – that allows advisors to spend more time with clients while maintaining control of their businesses. No. Shannon argues that success depends less on private equity itself and more on choosing partners who share the firm's long-term vision and values. Fear and outdated perceptions about transitions still influence decision-making, even though today's transition experience is often much smoother than advisors expect. Talk directly with affiliated advisors, ask for measurable evidence of results, and focus on how a platform responds to advisor feedback rather than marketing claims. AI should enhance – not replace – the advisor relationship by creating operational efficiencies that allow advisors to spend more time delivering personalized advice. Related Resources How to Evaluate a Firm Beyond the Obvious: A Framework for Advisors Why You Should Stay at Your Current Firm   Shannon SpotswoodCEO Shannon Spotswood is a 25+ year industry veteran with a tremendous amount of experience across both retail and institutional finance and an outstanding reputation built on her passionate leadership and ongoing success in investment banking, hedge fund portfolio management, business development and retail wealth management. Joining RFG in 2015, Shannon recognized the opportunity to channel her entrepreneurial experience and passion for service into leading a mission to create an Advisor-focused RIA of the Future delivering a supported independence platform that empowers Financial Advisors to build the businesses they want to have, without compromise. Shannon's career has been characterized by her determination to build something bigger than herself. Having fallen in love with finance at only age 14, she was focused on making an impact in a male-dominated industry. After graduating from college, Shannon spent 20 years in San Francisco working in institutional finance. She began her career in investment banking and eventually achieved her dream job as a Portfolio Manager of a long- short equity fund at Symphony Asset Management. The company was acquired by Nuveen in 2001. After a decade at that firm and now a mother of 3 young children, Shannon turned her entrepreneurial passion in a new direction with a drastic pivot to start a luxury children's clothing brand, Busy Bees. Taking her years of experience in qualitative analysis of retail companies, Shannon and her business partner built the brand from the ground up, ushering its' growth from a garage to “Gwyneth Paltrow's Goop” over the course of a few years. Shannon and her family made the decision to move from the Bay Area to Birmingham, Alabama to be closer to family. And shortly after, the call to return to her first love, finance, grew to great to ignore. In 2015, Shannon joined RFG Advisory as President, leading RFG as the firm has grown from $1.8B to over $5B. In July of 2024, Shannon was named CEO of RFG Advisory and currently serves in that role. NOTE: The views and opinions expressed by the guests on this podcast are their own and do not necessarily reflect the views and opinions of Diamond Consultants. Neither Diamond Consultants nor the guests on this podcast are compensated in any way for their participation. View the transcript of this episode… Growth Without Compromise: Building Around the Advisor Experience A conversation with Jason Diamond and Shannon Spotswood, CEO of RFG Advisory. Jason Diamond: Welcome to the latest episode of our podcast series for Financial Advisors. Today’s episode is Growth Without Compromise: Building Around the Advisor Experience. It’s a conversation with Shannon Spotswood, the CEO of RFG Advisory. I’m Jason Diamond, and this is the Diamond Podcast for Financial Advisors. Mindy Diamond: At Diamond Consultants, we help elite advisors identify the right environment for their businesses to thrive, whether that’s at a wirehouse, boutique, or independent firm. With nearly three decades of experience, we’ve guided thousands of advisors and represented more than a quarter of a trillion dollars in assets transitioned. And each year, one in four advisors managing a billion dollars or more who change firms are our clients. Our process is education-driven and based on building relationships, starting as your strategic partner well before you’re even thinking of a move. To schedule a confidential conversation, call us at 908-879-1002. Wondering why advisors change firms and where they’re headed? Are transition deals going up or down? Those very questions and more inspired us to create our annual advisor transition report. It’s the award-winning data-driven resource designed for advisors that connects the dots between the motivations around movement and the firm’s appetite for top talent. Arm yourself with the knowledge you need to make smart decisions. Download your copy at diamond-consultants.com/transitionreport. Jason Diamond: The right partners make you better. The wrong ones can quietly hold you back. Most conversations about independence focus on platforms as providers of technology, service, or infrastructure. Shannon Spotswood sees them differently. She believes advisors should evaluate a platform the same way they’d evaluate any long-term business partner, by asking whether it will help them build the kind of firm they ultimately want to own. That’s exactly what we explore in this episode. Shannon is the CEO of RFG Advisory, a firm that has grown from a startup into one of the industry’s leading supportive independence platforms. Along the way, she’s developed a unique perspective on what advisors should be looking for beyond economics and technology, and why the right partner can accelerate growth, strengthen culture, and help create a business that’s built to last. It’s a conversation that goes well beyond advisor platforms. We explore why Shannon believes so strongly in growth without compromise, what private equity can look like when the partnership is aligned, why firms shouldn’t try to be everything to everyone, and how advisors can separate marketing promises from meaningful support. We also spend time on a topic that comes up in nearly every transition conversation my team has with advisors, fear. Shannon shares her perspective on why outdated assumptions about making a move continue to hold advisors back and why asking better questions and demanding evidence instead of promises can fundamentally change the way advisors evaluate every opportunity in front of them. Whether you’re considering independence, evaluating your current platform, or simply thinking about what comes next for your business, I think you’ll find Shannon’s perspective both practical and though-provoking, especially the sage advice in her words, “Don’t tell me, show me.” There’s a lot to take away from this conversation, so let’s get to it. Shannon, thanks so much for joining me. Thrilled to have you here. Shannon Spotswood: It’s excellent to be here. I’m really looking forward to it. Jason Diamond: Me too. Let’s dive right in. I want to start with your background. You spent 20 years in San Fran as an investment banker, then as a portfolio manager at Symphony Asset Management before even touching the world of wealth management. So what made you walk away from, we’ll call it the institutional world and enter the world of wealth management? Shannon Spotswood: It’s a little bit of a circuitous story, but I’m going to take us on the short route. I fell in love with Wall Street as a teenager, so I knew I wanted to work on Wall Street. My dream job was actually the time that I spent at Symphony Asset Management. I was a hedge fund manager for them for six years running a long/short equity fund. I then had three children in three and a half years. The firm was acquired by Nuveen Investments, and we grew very large, and I was on this really interesting trajectory within the institutional investment management world. And somewhat of the unexpected happened to me in 2010, we’d come through the financial crisis. I looked around the room, I had these three young children, and having loved finance since a very early age, I couldn’t crawl on an airplane anymore. I fell out of love with what was honestly my first love. And I made a pretty radical pivot. I left Symphony, the tallest building at the time in San Francisco, and I partnered with a woman, and we built a luxury children’s clothing company for the next three years. So about as radical of a move as you can make, a $30 billion firm, big team, a tremendous growth ahead of us to upside down boxes of infant cashmere in a garage that flooded when it rained. So I had my startup in a garage moment. And while I was running the children’s clothing company, my husband and I took a big leap of faith and decided to move from San Francisco to Birmingham, Alabama to get closer to family, to raise our kids in the South, and just manifest the life that we wanted. In the third year of running the kids’ clothing business, we checked every box of our initial business plan, and I turned to my business partner and I was like, “Now what? Should we raise capital? Should we open stores? Should we diversify manufacturing?” And we realized this beautiful little luxury brand that we had created was exactly what it needed to be. And so we restructured the company and I punched out of that. And I spent, really for the first time in my life, about five months in deep contemplation. What was the first hedge fund that I was a part of in San Francisco, my tour of duty through investment banking as an analyst associate and helping them start an M&A group. This incredible decade that I’d spent at Symphony, and then this wild out of left field moment of building a luxury children’s clothing brand. And it had such an epiphany, Jason. And it was this, that I was on the ground floor of all of those businesses. And my aha moment was, oh my gosh, I’m a builder. What I love more than anything is sitting at the intersection of talent and opportunity and what I think is truly one of life’s greatest gifts, and certainly I think the most fun way to live your professional life, which is building something. So I put my resume together and I titled… It wasn’t even really a job search. It was more, I was new to Birmingham. I wondered if there was anything I could be of service in being a part of building something. So I put that resume together and I titled it Seeking the Intangible. And I was looking for that opportunity of talent and building something bigger than myself. And it was through some networking with my across the street neighbor who went on to become a board member of RFG who thought all I did was sell his wife incredibly expensive clothing who networked me to Bobby White, who’s the founder of RFG. And in the first 10 minutes of my conversation with Bobby, and I’ll tell you, both of us went into that meeting thinking it was going to be a filler meeting. He was doing a favor for a friend, and I had seen a little bit of the wealth management industry after Nuveen had acquired Symphony and was like, “That’s not really my bag. My jam is more on the institutional side of things.” And 10 minutes into our very first meeting, we both canceled the rest of our day, and we spent the next two and a half hours in his office having a conversation that really started with what if. What if we took RFG, which had been founded in 2003, and at the time was an OSJ with LPL, what if we took that business and we tore it all the way down to the ground? And we rebuilt it from the ground floor up to be a platform that is designed, that is intentionally engineered, to serve independent advisors? What would it look like to be a client experience company first, a technology company second, and a corporate RIA third? And I’ll tell you, walking out of that meeting, I was like, “This is it. This is it. This is the intangible. This is an opportunity to really build something very special.” And that’s how I found myself sitting in this talking to you today. Jason Diamond: Wow. So there’s a lot to unpack there. Thank you for sharing. And you shared it with a degree of vulnerability that I personally, I have a two-year-old and a three-week-old as of this recording. So it resonates with me. I think it resonates with a lot of advisors, people in our, and honestly, probably most industries, the constant pull in multiple different directions. And I love what you called it, seeking the intangible. And it sounds like you didn’t go in with any preconceived notion about… Many of our guests, by the way, that is the case. They walk in saying, “I knew since I was two years old I wanted to be in wealth management. I wanted to help be a steward of client…” And I love that your circuitous route took you a different direction. I want to talk more about the firm, and we’ll dive in on some of these elements of your background also. But before we do, you mentioned a little bit of, at a high level, what RFG is. Give me a little more context, types of advisors you serve, types of clients you serve. And if you don’t mind, provide some stats around size as well. Shannon Spotswood: Absolutely. So we are on a mission to help independent advisors build their business without compromise by driving organic growth to create enterprise value. And I share that because in our mission statement is the passion that links us all together, which is helping independent advisors build what they want to envision for their clients, what they believe is the best representation of their vision and their values. So we are a platform, a full turnkey platform for independent advisors. We talk about our services as a flywheel. There’s a very intentional interdependency from technology to marketing to compliance to talent to investment management to coaching, operations, transition services, and capital solutions. All of it is knit together very thoughtfully in order to be able to deliver to the advisors on our promise to help them operationalize and professionalize their business, to serve their clients and to generate that organic growth, which is what translates into enterprise value. What is so cool about the RFG advisor community, and I think is really the thread that binds between our teams and our advisors team is this servant heart growth mindset that you find it in every nook and cranny of RFG and certainly within all of our advisor partners. So the advisor profile for us, we do tend to skew a little bit younger. Average age is 45 years old. Organic growth across all of our advisors is north of 10%. So we’re very focused and leaned in on growth. We do have advisors that are lifestyle. We talk about them as lifestyle scaling and enterprise, and they run all along that growth at growth spectrum, depending on what do they want to build in their lives, what is going to help them really realize their dreams? And we’ll talk about this a little bit and just the growth of the firm and what we’ve been building, but we are at $9 billion. So it’s been a big run in 2026, as I say, 10 years of pre-game warmup to be able to really talk about that level of growth. So just knocking on the door of $10 billion and truly, Jason, I can tell you, I feel like we’re just getting started. I feel like we are just at the beginning of the J-curve as advisors are really realizing that their most valuable asset is their time and the amount of enterprise value that they can create being independent. There’s a lot of different flavors of that. We’ve got some incredibly well-capitalized and very strong competitors, but the collective awareness around this bull market for advice that we’re sitting at the very beginning of is shining such a bright light on what does it mean to be independent? What does it mean to be really supported by a partner who’s all in to help them win? And that’s where we find ourselves. And by design, that’s where we find ourselves. Jason Diamond: Yeah, and it’s an exciting time. I completely agree. The space, the vertical you’re in, probably as much or more than any other pocket of the industry. You took the words out of my mouth, the J-curve. I completely agree with the story you’re telling. There’s one component of your background that I do want to ask about, which is many RIAs, platforms, and the like, the leadership team is intentionally ex-advisors in their own right. So I’m curious, do you think of it as a benefit or maybe to what degree is it not a benefit that you have never been an advisor and served clients? I do love the idea that you’re a business builder and you’re helping advisors to build a business. That’s not lost on me, but I’m curious specifically about never having been an advisor. Shannon Spotswood: I think it is so critical that we were advisor-founded. What we like to say is we’re advisor-founded and professionally-led. Bobby founded the firm in 2003. We partnered in 2015. Our third partner, Rick Wedell, who’s our chief investment officer, managing partner, joined in 2016. So the three of us really co-founded the version of RFG that is- Jason Diamond: The right version. Shannon Spotswood: … expressed in the market today. But you’re a hundred percent right to double click on this. And I think it is such an important area for reflection for advisors in terms of where are their greatest skills? Where does their passion lie? And what are they interested in building? That very first day that I met Bobby, his telling of the story is he looked at my resume the morning that we were meant to meet, and he is like, “Well, why would I hire her? She could do my job.” And he often talked about that where you get to this point as an advisor where the business is scaling and growing. And we certainly are seeing this in a lot of the larger teams that we’re talking to and the relationships that we’re beginning to build within the pipeline of these advisors who were attracted to the industry because they wanted to serve clients and find themselves as accidental CEOs, COOs, their chief cook and bottle washer to advisor to all of these C-suite titles. And it’s not amplifying their natural skillset and it’s not aligned with what is actually their passion for the business. So I give a tremendous amount of credit to Bobby for recognizing more than 10 years ago really what it would take and how he could align team around him and build partnerships around him to be able to maximize the impact that we can have for advisors. So that north star of keeping advisors front and center is truly our, it is woven into our DNA and it is our north star. So we are a client experience company by design. We talk about it all the time, whether it’s how we’re building our team, how we’re thinking about investing in technology, how we’re soliciting feedback for advisors. I always say one of our greatest strengths as an organization is we’re active listeners and then we actually execute on it. Our best ideas come from our advisors, but you’ve got to have that posture as a firm that everything you do is orienting around how do we help advisors operationalize, professionalize, drive organic growth, and create enterprise value? And you can’t do it sometimes. You’re either all in, chips all in, only winning when your advisors win, and only having that lens of will this benefit the advisor and their team or not. It’s not something that you can just dip your toe in and out of. And I think RFG, having that foundation from which to always build is absolutely critical. Jason Diamond: Can I try and paraphrase or synthesize, and you tell me if I get this right? The pitch is something to the effect of, “We are really good at what we do. Let us take all the BS off of your plate so that you can go out and be an advisor. Service your client and prospect.” Do you find that story is resonating more over time? I mean, you’ve been with the firm now long enough to see this kind of cycle of movement towards independence. How has that story evolved over time? Do you find it easier to tell? Shannon Spotswood: Oh my gosh, without question. And I would even put a shorter term window on it. I would say in the last 12 to 15 months- Jason Diamond: Oh wow. Shannon Spotswood: … there has been a collective awakening by advisors, and I think there’s a lot of contributing factors to that. One is obviously as we are all aware, the majority of the industry is now private equity backed. There has been a real focus on the aggregator model, transitioning advisors into a W-2 model. And as that has played out and that financial engineering has translated into some incredible valuations and returns, there has also been simultaneously advisors picking their head up and like, wait a minute, I wanted to get independent so I could serve my clients in a way that I felt best represented my vision and my values. And I’m finding myself increasingly in a captive environment. All the while the technology is getting better, the valuations are getting larger, the ability to control both your branding and what that means for your family legacy is increasing. So over the course of the last 15 to 18 months, that story has just, while it’s been there for a long time, the independent movement was obviously sparked more than, gosh, now 16, 20 years ago in earnest. Now it’s just the passion and the knowledge that advisors are showing up to conversations in recognizing I want more. I want to spend my time where I want to spend it. I want to serve more families. I want to be well-positioned for generational wealth transition. I want to own the enterprise value. I want to build my team and I want the best tech. And that to me is exactly why we’re at the beginning of this J-curve. Jason Diamond: Yeah, I think you nailed it. And I agree with you that this notion of independence is not a destination in and of… It’s too broad of a term I think to use. And there are plenty of advisors who either started at one version of independence and need something different now, or to your point, thought they were going independent only to realize perhaps there’s elements of the business that aren’t as independent as they realized. And that’s where I think a firm like RFG to me, it’s not an accident that your firm fills this niche. This was advisor demand driven. Advisors said explicitly and implicitly, “We want to be independent. We want to own our equity. We want to have control over the things we like, but we want a support partner that helps us with all the back office, the middle office, investment management, the flywheel,” as you call it. Shannon Spotswood: That’s right. Jason Diamond: One other element of your journey to this point that I want to ask about, the succession journey or the journey to CEO, and I’m only asking because it’s somewhat recent, I think it was 2024, so we’re about two years in CEO. For the eight years prior to that, you were president. Shannon Spotswood: Yes. Jason Diamond: And this dynamic is near and dear for a lot of advisors. This idea you’re the heir apparent, but the date hasn’t happened until it happened. Was that a smooth transition date or did you find yourself, and I hope you can be honest about it, and if not, I understand, but I think this is something that a lot of advisors in their own businesses struggle with. So as somebody who’s gone through a major succession journey in the last two years, I’m curious what your thoughts are. Shannon Spotswood: The timing coincided with us bringing on a growth capital partner. So we closed on that partnership with Long Ridge in the fall of 2023, and we really set our sights on how do we bring this capital into the business and invest in our team, invest in our technology, invest in this desire to help independent advisors build their business. And Long Ridge really shares that long-term strategic belief that independence and the corporate RIA model is the ultimate winning model. So we have a lot of room to run there. So entering into that growth partnership with Long Ridge really provided a natural opportunity for that succession conversation to take place and to be able to take the company to the next leg. So we’ve tripled the size of the company over the course of the last two and a half years. Jason Diamond: Good for you. Shannon Spotswood: And as I said, I feel like we’re just getting started. I always joke we’ve had the longest pre-game warmup in history. In a lot of ways that’s by design. For me, the way that I can sleep at night is knowing that we are waking up as a team in this unified front to walk the walk for our advisors. It is incredibly important to us to honor the promise that we’ve made, whether it’s on tech or talent or transition services or marketing growth. So being able to lean in and deliver that, it takes a long time to build that institutional know-how and to be uncompromising in consistently making hard decisions, whether it’s around talent or the investments that you’re making or how you’re running and growing and building the firm. And so Bobby reached and Long Ridge and all of us reached this point where it was just a very natural way. And I think it was such a gift that I had such a long warmup, if you will, in the bullpen, running the day-to-day of the business as president, being so close to sweating the details of how we built the foundation, how we run the firm. And then obviously Ed Swenson joined us as president in last fall in October of 2025, having joined our board when we partnered with Long Ridge. So he joined our board in September of ’23, and he and I set up a call every other week. So we just became this incredibly trusted confidant of mine as we made a lot of strategic investments and key strategic decisions in that first 15 to 18 months of our partnership with Long Ridge. So to be able to build and attract the caliber of talent that we have to RFG, I mean, I’m totally biased and talking my own book, but I think we have the best leadership team. Doug Nelson joined us from Long Ridge as our CFO in November of last year, just bringing that rigor, particularly around capital strategies into our C-suite. So it was the right time to make that transition. And what I would say for founder advisor-led firms, it’s all about what are your growth ambitions? It’s what are your growth ambitions? Without question, when I joined and Bobby and Rick and I set upon this journey to tear the entire company down and build this robust tech stack and be at the forefront as an innovator in that space, that was experience that I had from my 20 years in San Francisco. And Rick had this incredible institutional pedigree having spent 12 years at Bain Capital plus two years at Stanford Business School, complimenting this authenticity that Bobby brought as an advisor, bringing that together. So recognizing as a founder advisor, if you have growth ambitions to 10X your business, it’s going to require that you bring high caliber talent to the table and allow for that room both from an equity participation perspective, but also just from what does the business need as it continues to scale up? Jason Diamond: That’s exactly right. And part of this gets back to private equity sometimes gets a bad rep in our space, but the reality is capital from private equity enables a lot of what you’re talking about. And I give you a lot of credit. I mean, you make the half joke about the longest pregame warmup ever, but I think of it as you learned on your own dime and you built all the kinks and ironed out all the kinks prior to having this critical mass of advisors on your platform. And we’ve seen certainly plenty of firms go that route too. So I give you credit for that. I think because we’re on the topic, let’s talk about it, private equity. Positive experience, negative experience, neutral, neither good nor bad. Just give me your… I don’t want to make the episode about the perils- Shannon Spotswood: Right. Jason Diamond: … and benefits of private equity capital, but just curious what your experience has been. Shannon Spotswood: I think this is one of those life lessons. Choose your partners wisely and great things can happen, whether it’s in your marriage or your friendships- Jason Diamond: Spouse. Yep. Shannon Spotswood: … or your business partners. And Long Ridge found us very serendipitously. I mean, we were probably two years from even contemplating bringing in a growth capital partner. They were introduced to us by a former board member and they were in our offices in January of 2023. And the most important things for us were twofold. Number one, they shared our vision and belief that the corporate RIA independent is the winning model for the industry and for advisors and clients. And number two, who they are as people is very much who we are as people. They’re builders. Jason Diamond: Culturally. Shannon Spotswood: They have this servant heart growth mindset that they share with us. So I feel incredibly blessed to say they’re amazing partners. And what’s interesting, and I’ll share this very openly, they’re the majority owners of RFG. We were very early in that time of bringing them on. They have always honored the promise that they made to us, which is we run the business. They are a strategic partner. They’re a great thought partner. They are the capital provider, but there has been multiple examples where we have made business decisions where there’s been some heat in the kitchen, in the boardroom, and we’ve felt very strongly about it. So I just couldn’t say enough great things about them. And one thing that I will just share, and I say this because they’ve shared this with me, I have had this incredible personal journey of growth bringing such a deep bench in Long Ridge into the firm. And that has been certainly challenging at times. Do hard things, get comfortable being uncomfortable. It’s the ultimate definition. But I really think that is something that never gets talked about is what it means in upskilling the caliber of your talent, yourself, how you have to grow and evolve as an individual has been really, I won’t say it’s been easy, but I look back on what I’ve learned over these two years and just feel prepared as a leadership team, how we operate as a team, what is expected of us to be able to deliver and execute for our advisors in this next leg of growth. Jason Diamond: I think your marriage analogy is the perfect one, and I’m going to use it. And honestly, in a lot of ways. First of all, marriage is hard, good or bad. It’s hard. Second of all, it’s the ultimate… The institution of marriage is not good or bad. Private equity capital is not good or bad, but your answer is the right one. Pick your partner very wisely. My favorite part of your answer, because it’s the most original, was around a good capital backer, a good partner, whatever you want to call it, pushes you to be better. And I think that you’re surrounding yourself with, by definition, some of the smartest people in the industry, and that can’t be a bad thing. And the proof is in the pudding. The growth trajectory you’ve seen, it’s certainly no accident. I think part of it is tied to your incredible stewardship. You don’t have to answer that. You don’t have to be humble, but I’ll attribute it to you. That brings me to my next question. Shannon Spotswood: I do have to say really quickly. Jason Diamond: Please do. Shannon Spotswood: I will be celebrating my 27th wedding anniversary in October. So yeah, pick your partners. Jason Diamond: Congrats. And I feel equally blessed, I assume as you do. I have a great partner, I’ll say. I don’t know if she’s listening right now, but she’s a great spouse. What I was going to say though, good segue, I think there’s been more in recent years, but not a ton certainly of female C-suite wealth management executives. How do you feel about your role? Do you feel an increased burden? Is it an honor to you? Is it something that you don’t think much about at all? I’m curious what your thoughts are. Shannon Spotswood: I feel immense gratitude. I mean, just in general, leading RFG and locking arms with our team and our advisors is, I mean, a gift of a lifetime. I was incredibly fortunate to not just have mentors during my 20 years in San Francisco, but to have true sponsors. Whether it was the first hedge fund I worked at, I took that job because it was a female portfolio manager and at the time one of the only in the country. And she really opened up her heart to me and poured into me. And then 10 years at Symphony, the founding partners of Symphony, they dropped me into the deep end of the pool and gave me a lot of rope to make a lot of mistakes and continued to invest. So I have this foundation from which to build and to lead and to be ready for this role. I couldn’t do any of this without my partners. Rick and I have been partners for more than 10 years. It really does take a village in the same way that it takes a village to raise your family. It takes a village to find the courage and the strength to lead in a way that really honors the gravity of the mission. But I’ll tell you this. One, I knew I wanted to work on Wall Street from a very young age, so I chose this. I knew what I was getting into, that it was a male-dominated industry. I have made particularly, this is one of the unique facets of the wealth management business, we have phenomenal both male and female talent, and I have made the strongest female relationships on this side of the business as compared to the institutional side of the business. So I think there is a richness to our side of the industry that doesn’t get enough air cover. There are just phenomenal leaders, and I think increasingly so, we’re seeing more women stay in the game and raise into positions within the C-suite and leading these firms. I will tell you one thing in 2019, and I really give a lot of credit to Bobby for this in coaching me, is I was raised by wolves on Wall Street without question. I sat on a trade desk, I was completely comfortable with compartmentalizing emotion, and I made it a mission to develop intentionally my emotional intelligence. And that truly unlocked everything for me, and I think plays such a huge part of who I want to be and who I challenge myself to be as a leader. And so it’s funny when I get the question asked of me about being a female CEO, because I think that’s what people feel must be like came very intuitively to me, but I had to learn it. I had 20 plus years of being able to run with boys and I needed to develop that skill. And it is a skill that I challenge myself on a daily to continue to lean into. And I think it is increasingly important both for men and women who aspire to leadership to hone the strategic and execution alongside that emotional intelligence. Jason Diamond: Great answer. And I think you know I admire a lot about you, but it’s certainly one of the things I admire most about you is over the last couple years in particular you’ve been a real beacon of positivity, of empowerment in that regard. You’re active on socials, you’re active at industry events, you’re always willing to talk to people. And honestly, that to me is the answer. A lot of people complain about this as a problem, and I want to just take a second to applaud you because I think you and your firm actually do something to at least try and actively solve some of this. And also you mentioned it earlier, but same thing with some of the next gen dynamics. You skew much younger than the average firm on the industry. And I think that too is to your credit around, okay, we’ve identified that we have a major succession problem in our industry. What are we doing to solve that? Shannon Spotswood: Absolutely. Jason Diamond: Let’s talk about growth a little bit. I agree with your thesis. This space you occupy, no better time to be in it. We’re at the perfect spot on the J-curve. Unfortunately, we are not the only two people to think that. There are also, I think, some other firms. This space has become crowded. What do you think about that? Just the fact that there’s more competition than ever. I mean, my view of it is there are enough quality advisors to go around, but curious what you think. Shannon Spotswood: Anytime I find myself wading into the waters of fear and scarcity around this topic, I’m reminded that 67% of the assets still remain within the wirehouse and IBD space. We got lots of room to run. I believe in a mindset of abundance. The data will tell us that the demand for advice is increasing by 30% over the next decade while the number of advisors is decreasing by 1%. So we’ve got, find me another industry where you see a graph that looks like that. On top of that, next gen, which I think this is so fascinating, next gen actually wants more advice when compared to the baby boomers. So baby boomers created our industry, and here we are sitting on $87 trillion worth of generational wealth that’s going to begin to transition. That doesn’t even include all of the wealth that will be monetized through real estate and family-owned businesses. It is a tsunami. And what is, I think, really interesting is that next gen recognizes the value of their time. I’m sure if I had a conversation, Jason, with you and my husband about how intentional you want to be in terms of showing up for your children and the equal nature of parenting, that alone is changing the way the next gen thinks about both their professions as well as their family life, which means you by default have to hire professionals to do the things that you don’t want to spend the time doing. Jason Diamond: Really good point. Shannon Spotswood: So we have this incredible convergence that’s happening right now, and it’s coming at a time that technology is finally going to allow us to serve more families more intentionally along that wealth spectrum. So it is like, bring it on. There is more than enough to go around. We are in an era of abundance. And what I worry the most about, and this, it’s like climb up on the soapbox and let’s roll, about independence because I see and have so many conversations with advisors where they have been willing to accept such a compromised service experience that they would never allow to be delivered to their clients. So advisors are delivering this 24-hour concierge, high-touch, deeply thoughtful experience, estate planning, tax planning, financial planning, multi-generational conversations. They’re in it. They’re in the trench. And then they turn around and their service partner is so subpar. They’re compromising their growth. They’re burying them in compliance and ops and clicks and swivel chair and tech that doesn’t work. So we’re at the very beginning of this bull run for advice. And I think advisors who recognize, I want to serve more families, I want more control over my time, I want to be able to build enterprise value on my personal balance sheet, have room to do it. So I welcome the competition. I think the best way to talk about it is iron sharpens iron. I learn so much from our peers and like, ah, they did this or they did that. How do we think more disruptively, more innovatively? How do we do it differently? So I think there’s a lot of room for all of us. You’re going to be busy, my friend. You’re already sitting there advising the lion’s share of the big deals, and I think you guys are just getting started as well. Jason Diamond: Yeah, it certainly feels like a bull market for advice and also I think a bull market for some of the… You allude to an interesting paradox, which is some of the biggest and most sophisticated advisors in the industry have really high-touch impressive service models, but they don’t seem to demand the same in return. I have some thoughts as to why. I think one could just be Kool-Aid drinking, like you don’t know any better and you’ve been there for so long. There’s just so much friction associated with moving a business and fear associated that it’s unless things get really dire or unless I find something that’s better enough or meaningfully better enough, I can gut it out. But the third one that comes to mind is these firms we’re talking about have unequivocally, they do a lot of good, a lot of bad, but unequivocally one of the things they do really well is brand. Shannon Spotswood: Yeah. Jason Diamond: How do you reconcile that question with a firm that obviously doesn’t have a brand that the average American consumer would know? Shannon Spotswood: We take a posture on this that is rooted in an Accenture study that was conducted several years ago, but I think still remains so true today, is that advisors think that the value proposition that their clients are looking for, either it’s that big monobrand that’s advertising at the Super Bowl or the alpha they’re ever able to generate or the portfolio investments. But the clients tell us that what they’re looking for in an advisor is, do you get me? Do you share my values? And do I want to spend time with you outside the office? And that is basically distilled down the way we talk about it is people connect with people. So now more than ever, particularly if you take a big step back and you think about the influencer economy and how brands, big brands, Nike or big consumer brands have really leaned into niche branding. How do I get my brand into the hands of someone who’s very passionate about it? So advisors who develop their own brand, who have a presence on social, who have a presence in AEO and SEO, who are leaning in and expressing not only their client experience, but their vision and their values through their brand, I actually think as this generational wealth unfolds, that authenticity carries so much more weight than is my name on a football stadium. So it is those three factors. It’s just I’m comfortable. I don’t want ripple. It is friction and fear for sure. And then it’s like that branding is up for grabs because we certainly see one of the most fun parts of advisors joining RFG, this is a big part of what we do is helping them design and develop or reimagine their brand name, their logo, all the rest of it. Once that creative energy is unlocked and you get to tell your story, your my why, that connective tissue is so powerful with the clients and with the growth that comes from that because I mean, I truly believe people connect with people. They’re looking for that. And I think more so now than ever with AI. Jason Diamond: You just took the words out of my mouth. Do you think AI perpetuates that? Shannon Spotswood: I think people are craving that. And this is why advisors who are powered by AI without question are going to win. Advisors are not going to be disrupted by AI unless they haven’t made the move to get themselves in a position to be able to leverage the technology, the brand, the talent, the maximizing of their time. But especially with something as important and as personal as money, as you walk through life, I mean, you are at the very beginning. I’m sending, I’ll have all three kids in college. But as you make these critical decisions in your life, whether it’s getting married or starting a business or changing jobs or buying your first house, buying your vacation house, all of these things, you can go right or you can go wrong. And having a trusted partner who really understands you, I actually think that we’re going to see the fees paid for advisors increasing as there is a greater premium placed on, I want deeply personal relationships that are tailor-made for me. Jason Diamond: But I assume the flip side of that is you have to do more. You as a firm and you as an advisor have to do more, and you can’t just raise fees with the same service model. So I think what is the corollary of that? What are some of the ancillary growth areas that you do beyond the financial planning and asset management that says, “We’re worth that money you’re going to pay us”? Shannon Spotswood: It is, and I love the work that wealth.com is doing here. I mean, the estate planning and tax planning, making that more accessible along that continuum of wealth spectrum, the blurring of the lines between ultra high net worth and high net worth, and then mass affluent is so exciting. Better, more robust planning is good for our industry overall. Obviously there’s a huge amount of demand on the tax side of things, particularly the 1040. It’s easy to find a CPA to do the cool complex stuff. It’s increasingly more challenging for advisors. That’s an area that I know a lot of firms have leaned into. We’re certainly doing a lot of work. But so much of this, Jason, is showing up at the right time for clients with the resources. It’s a really interesting conversation about, yes, you have to do more for your clients, but you don’t have to do more for all your clients at exactly the same time. Jason Diamond: That’s well said. The flip side of that is as an advisor, because ultimately the advisors are the ones making this decision. There are a lot of firms, and not even just firms that you would be competitors with, because the reality is you and I understand the industry landscape and where various firms fit in. For many advisors, it’s a long list of various firm names that they’ve heard. So what are some things that you think advisors should be asking a firm like you or a business development person at your firm to suss this out? How does an advisor go about understanding if a platform is empty or is really going to be able to deliver in all these areas? Shannon Spotswood: Remember back in the day when the Wall Street Journal used to run have a monkey throw a dart and see if you can beat the pros on stock picking? I love to do that with regards to our advisors. We always tell our prospects, “Throw a dart at any advisor that’s affiliated with RFG and call them. Certainly we can provide a list of advisors who we think you’re going to most align with in terms of what your growth ambitions are or the way you want to run your business or who you are, life stage, all the rest of it.” But I do think that getting that unfiltered experience, the good, the bad, the ugly. We always are like, “Are we perfect? Absolutely not. Do we though immediately want the feedback so that we can iterate to excellence to get better? Absolutely. Get that firsthand testimony.” So that’s number one. Number two is don’t tell me, show me. There are so many, and it always pulls at my heart because as much as I love to win business and transition advisors, and I think that we’re working certainly at RFG on some really interesting technology that is anchored around removing that friction and fear by speeding up the time that you can make that transition in. And the tech is finally there to allow for this. So I think we’re going to be able to take variable number two and at least make that box a little bit smaller. But if I’m sitting as an advisor, I would want to see the evidence. Show me how you’ve solved the problems that advisors have brought to you. How have you refined your tech stack? How have you invested in your team? How have you made the decisions where the ROI can be measurable and tangible? And I think too often I’m surprised that advisors get, it’s almost as if they get overwhelmed by the amount of information that they’re taking in trying to compare all these different firms. If I’m ever asked, I’m like, please work with a third-party recruiter. You need someone not only to act as an interpreter, but you need someone to help really keep your top three priorities at the front of your decision-making matrix, because it really is apples to oranges to orangutans and you get decision fatigue. And then advisors end up making this decision that is anchored in like, well, this is the highest payout, and I’m willing to take all of these sacrifices and paper cuts for this highest payout. And that is just such a travesty. So it’s like, know what you want. What are your top three problems that you’re trying to solve? Talk to advisors that you get to pick just so you can do some secret shopping, and then demand evidence of how the firm, the platform has responded to feedback and gotten better as a result because that will tell you, are they really going to walk the walk or are they just going to talk the talk? Jason Diamond: I’m super grateful that you gave specifics there because it’s an easy question to dodge and talk around. So I completely agree. Your first answer, actually all three of those points you just made, but certainly doing name-blind calls, and I say name-blind because advisors worry about confidentiality. I think that’s one of the best and most underrated tools to learn about a firm is advisors now have so many colleagues. There’s been this diaspora of advisors where advisors know advisors everywhere. And that’s a benefit if you wanted to go and just network and have conversations with other advisors on your own. But if you’re worried about confidentiality, there’s certainly the mechanisms, and we do this all the time for advisors to set up name-blind calls. You dial into a conference line, it’s John Smith, and you pick an advisor’s brain and say, “Hey, you moved your book from LPL to RFG, and tell me what that experience was like and what were the positives? Give me all the negatives.” To your point, you want advisors to ask those questions in advance. It’s better to ask those questions than to end up in the wrong marriage with the advisor. Shannon Spotswood: Absolutely. And the other thing is what an easy answer to BS around is tell me who’s a good fit for your firm. And it’s like, “Everyone’s welcome here.” Jason Diamond: Everybody. Yeah. Shannon Spotswood: It’s just not true. RFG is not a good fit for an advisor who is not open to using technology, who is not interested in outsourcing investment management, who doesn’t want to have a conversation about how are you spending your time and do you want to create enterprise value? Do you want to grow? So it really is important to have that vulnerability and that honesty and the answer to that question. Jason Diamond: I love it. We have time for one more. I can’t believe it’s been almost an hour. Shannon Spotswood: I know, it flies by. Jason Diamond: We speak with plenty of advisors who aren’t considering a move, but I’m interested. I think you have a really nice lens into the industry. What is one thing you wish advisors knew? You have a megaphone to just talk to advisors who maybe are considering change, but maybe aren’t. What’s the questions they should be thinking about? What keeps you up at night? Just what would be your public service announcement? Shannon Spotswood: I’m going to focus on the friction and fear because that’s the number one barrier to making a move is PTSD, either first person PTSD or the collective negative experience that the industry has had. It took me 90 days to transition. I got sued by my former firm. I lost all these clients. I didn’t have income. The wise tales of fear are very widely trafficked and widespread. And what I would say to an advisor is everything you want is on the other side of fear. And I look at all of this data that suggests exactly the opposite, which is you have the relationship with the client. You have the trust with the client. You are the one who they call on Sunday night when they need a shoulder to cry on or sage advice for making a decision. Just believe it with the core of your being because what we see is 99% of assets transition, whether it’s a restrictive transition or you’re taking full data, that the majority of assets are transitioning within 30 days, that this is still a free country, and you can make a move while honoring your contract around non-solicitation, non-competes, and non-associations. So it is like this fear of holding advisors back is preventing them from realizing and monetizing this enterprise value, but equally as importantly, loving their business. Have fun. This should be fun. We spend the majority of our life at work. And so being able to surround yourself with people who win when you win, with a team who’s aligned and isn’t just drudgery with all their operations compliance headaches that they’re dealing with. Your team deserves to be happy. You deserve to be happy. And that fear factor is holding so many advisors back. So that’s my advice is that it just doesn’t have to play out that way. And I think not just at RFG, collectively where we are as an independent industry with technology, with the way that AI is changing and our ability to harness data and business intelligence, getting to that point of next best action, how am I spending my time, how am I realizing, what is the blueprint for realizing my growth goals is more tangible now than ever. That’s immediately where I go. Jason Diamond: I’ve never been an advisor. I’ve never had a book of business, so I don’t want to minimize the fear, but I will say this. If we speak to advisors, let’s say a year post-transition, by far the number one thing we hear from them is, “I wish I did this sooner.” Shannon Spotswood: Wish I did it sooner. Jason Diamond: And that to me is the most telling data point there is to your point about fear and getting over it. Shannon Spotswood: So I do this exercise all the time with our team as we’re onboarding advisors is I want you to go home and look at your spouse and tell them, “I’m going to leave my job. I have no certainty that everything is going to work out. We might not receive any kind of compensation. Are you cool with that?” Walk that emotional journey. And while there’s plenty obviously that we can do with Capital Solutions to ease the financial fear associated with it, I still think at the baseline, it’s a great exercise to keep everyone very humble. You are asking an advisor to take their life’s work. And someone was sharing this analogy with me the other day and I was like, “Oh my gosh, that’s so good,” which is imagine moving houses. It’s such a hassle packing up moving one house. Now imagine moving 400 households or 1,200 households. It’s a lot, but I always hear the same thing, “I wish I’d done it sooner.” Jason Diamond: Thank you for sharing. You had some really sage wisdom that you shared with our audience. I can’t wait to see the next chapter, the continuation of the J-curve. This has been a fantastic episode, Shannon. Thank you. Shannon Spotswood: I love being with you, Jason. Thank you so much. We appreciate it. Mindy Diamond: As a financial advisor, you hold yourself to the highest standards of integrity, honesty, and credibility. You are successful because you take your professional responsibilities seriously and are dedicated to your clients. But are you living your best business life? Are your goals aligned with your firms or could a better option exist? Should I Stay or Should I Go? is a book written with you in mind. It’s a self-guided journey that walks you through the key steps that we take with our advisor clients. This strategic thought process and roadmap to professional self-discovery is designed to help you ask the right questions and think critically and objectively, whether you’re considering change or not. Learn how to get your copy at diamond-consultants.com/thebook.   Growth Without Compromise: Building Around the Advisor Experience A conversation with Jason Diamond and Shannon Spotswood, CEO of RFG Advisory. Jason Diamond: Welcome to the latest episode of our podcast series for Financial Advisors. Today’s episode is Growth Without Compromise: Building Around the Advisor Experience. It’s a conversation with Shannon Spotswood, the CEO of RFG Advisory. I’m Jason Diamond, and this is the Diamond Podcast for Financial Advisors. Mindy Diamond: At Diamond Consultants, we help elite advisors identify the right environment for their businesses to thrive, whether that’s at a wirehouse, boutique, or independent firm. With nearly three decades of experience, we’ve guided thousands of advisors and represented more than a quarter of a trillion dollars in assets transitioned. And each year, one in four advisors managing a billion dollars or more who change firms are our clients. Our process is education-driven and based on building relationships, starting as your strategic partner well before you’re even thinking of a move. To schedule a confidential conversation, call us at 908-879-1002. Wondering why advisors change firms and where they’re headed? Are transition deals going up or down? Those very questions and more inspired us to create our annual advisor transition re

C*NTY CONTENTTHE REAL DEAL MASTERMIND

ITL takes a closer look at the Texans offense and asks whether this group has the intangibles needed to become a championship-level unit. Beyond talent and scheme, do they have the leadership, toughness, chemistry, confidence, and ability to respond when things go wrong? The crew then opens the floor for another edition of ITL Lunch-Time Confessions, with the guys and listeners sharing their latest funny and unexpected admissions. The hour wraps with Judge John Lopez, as J.J. McCarthy losing Minnesota's starting quarterback job to Kyler Murray sparks a bigger conversation about whether the NFL has a quarterback development problem and whether teams are giving young QBs enough time and support to actually develop.

ITL looks beyond the Texans' offensive talent and debates whether this group has the leadership, chemistry, toughness, and other intangibles necessary to become a great offense.

Tom Duncan and Sara Shea finish their journey through Season 1 of The Good Wife, this time with episodes 22 and 23.Chapters:00:00 Introduction to the Podcast and Season Finale03:01 Episode 22: Hebristophilia Overview05:59 Character Dynamics and Impressions09:03 Thematic Elements and Plot Development12:07 Disappointment in Character Arcs14:58 Filler Episodes and Narrative Structure18:10 Character Relationships and Choices21:09 Final Thoughts on Season One29:15 Character Development and Spin-offs31:59 Character Relationships and Emotional Investment34:00 Ethics in Law and Perjury38:04 The Myth of Truth in Courtrooms41:54 Acting and Writing Quality Assessment54:04 Intangibles and Emotional Engagement57:03 Reflecting on The West Wing Rewatch01:00:23 Cinematography and Narrative Structure01:09:52 Character Development and Consistency01:12:53 Editing, Pacing, and Overall Ratings01:17:15 Future Show Options and Season Decisions01:19:08 Introduction to the Conversation01:21:45 Exploring British Comedy and Its Impact01:24:34 Diving into Crime and Investigation Shows01:27:45 The Puzzle Box Concept in Storytelling01:30:35 Anticipating Future Episodes and Spoilers01:32:52 Season Three Wrap-Up01:33:10 Looking Ahead to Dexter Episode OneKeywords:The Good Wife, podcast, season finale, character analysis, plot development, Hebristophilia, narrative structure, TV review, character dynamics, relationship drama The Good Wife, character development, legal ethics, courtroom drama, acting quality, emotional investment, spin-offs, perjury, writing quality, intangibles The West Wing, The Good Wife, TV show analysis, character development, narrative structure, cinematography, editing, pacing, season reviews, television series, British comedy, crime shows, puzzle box storytelling, Dexter, television series, Rowan Atkinson, Black Adder, character development, narrative structure, viewer engagement

My guest, Hunter Kinchen joins me to discuss how his background playing Division I football at LSU prepared him for a successful career in employee benefits. Growing up with a father and uncle in the NFL, Hunter learned early on that success requires mastering the fundamentals and doing the unglamorous work when no one is watching. We discuss why young producers must ditch unrealistic expectations, the critical importance of seeking out mentors, and why agency leaders need to stop obsessing over resumes and start recruiting for "intangibles." If you want to build a long-term, high-performing book of business, this episode provides the blueprint for sustainable success.▶▶ Sign Up For Your Free Discovery Callhttps://completegameu.com/request-a-callTimestamped Outline(00:00) Integrity and Follow-Through: Why You Must Recruit for the Intangibles(01:51) Growing Up in an NFL Household: The Standard of Excellence(04:41) The NFL Reality Check: Why Someone is Always Waiting to Take Your Job(07:17) Pressure to Perform: Having an NFL Tight End as Your Middle School Coach(11:12) The "Cheat Code" Position: Navigating College Football as a Long Snapper(15:10) SEC Off-Season Training: Why Preparation Doesn't Start on Game Day(20:09) Saturday Night in Death Valley: The Unmatched Experience of LSU Football(24:16) Transitioning to Insurance: Trading Coaching for the "Good Side" of Commercial Benefits(26:02) Why Benefits? The Unique Appeal of the Employee Benefits Space(27:17) The Power of the LSU Brand in Baton Rouge: Opening Doors vs. Winning Deals(29:40) The Long Feedback Loop: Why Sales is Different Than Saturday Game Day(32:43) The Need for Mentorship: How Being a "Pest" Accelerated Hunter's Learning Curve(35:26) Managing Expectations: Why Desperation Repels Prospects(38:06) The Firing Process: Understanding the Gravity of Broker Selection for Clients(40:48) If You Can't Find Talent, Build It: Investing in the Next Generation of Producers(44:31) Hunter's Lightning Round: 5:15 AM Workouts, Tennis, and Never Split the DifferenceCONNECT WITH ANDY NEARY

Derek Champagne talks with former NFL player Rennie Curran. Rennie shares stories from his unique upbringing, leadership lessons learned along the way, and more about his new venture: Formr.  Formrapp.com - The professional platform where former athletes build what's next, fans connect for life, and businesses find the most competitive people on earth.Free leadership resources from Rennie Curran: https://renniecurran.com/ Rennie Curran is a former professional athlete who currently serves as an active Keynote Speaker, Author, and the CEO of Game Changer Coaching. Recently inducted into the Gwinnett County Sports Hall of Fame, the Georgia vs Florida Hall of Fame, and the UGA 40 Under 40, he uses his platform to inspire students, athletes, and business professionals to reach their fullest potential. Born in Atlanta, GA, and the son of Liberian immigrants, Rennie Curran and Josie Curran, he has a diverse background with humble beginnings. He began his football career at Brookwood High School in Snellville, GA, becoming the all-time leading tackler in Gwinnett County history. He was initially considered undersized according to various critics, but quickly silenced the doubters by exploding onto the field as a true freshman at the University of Georgia. His experiences of overcoming many circumstances to reach his childhood dream of becoming a 3-time All American, Butkus Award Finalist, permanent team Captain a 3rd round draft pick in the 2010 NFL Draft (Tennessee Titans) and transitioning into becoming a successful entrepreneur has given him a unique perspective on what it takes to handle adversity and maximize opportunities while having a positive impact on others. Through his innovative presentations he teaches individuals, teams and organizations how to transform their personal and professional lives through leadership, teamwork and personal development. Rennie Curran has been counseling and inspiring people for many years. He is the CEO of Game Changer Coaching whose mission is to help business executives and entrepreneurs become high performing leaders by improving performance, personal brand and communication skills. In 2013, he published a motivational self-help book entitled ‘Free Agent' The Intangibles for Overcoming Adversity and Times of Transition. This motivational self-help book discusses how to overcome adversity during the times of transition that we all face along our journey to achieve our dreams. He also has a children's book entitled “What Does It Take to Be a Star” which was co-written with his daughter, Eleana Curran. He has been featured in The New York Times, USA Today, Fox Sports, ESPN College GameDay, The Huffington Post, and much more. When Rennie Curran is not speaking, coaching or writing he is usually spending time with his daughter or catching up on one his favorite hobbies, music. He grew up playing the piano, drums and viola. He is also a public servant who spends lots of time giving back through several organizations including. The Boys and Girls Club, Fellowship of Christian Athletes and his foundation. The Game Changers Foundation, which provides resources to student athletes to help them become leaders in sports, business and life through mentorship and leadership development. Curran is a man of faith, humility, integrity and resilience.Business Leadership Series Intro and Outro music provided by Just Off Turner: https://music.apple.com/za/album/the-long-walk-back/268386576

Wes Gray joins us to explain how factor investors should think about high market valuations, S&P 500 concentration, value investing, small caps, artificial intelligence and the behavioral challenge of staying invested for the long term. He also breaks down Section 351 ETF exchanges, including how appreciated portfolios can move into an ETF without an immediate taxable sale, why direct-indexing portfolios are a major use case and how the ETF wrapper is reshaping asset management.Wes Gray on Xhttps://x.com/alphaarchitectAlpha Architecthttps://alphaarchitect.comETF Architecthttps://etfarchitect.comLong-Only Value Investing: Does Size Matter?https://alphaarchitect.com/wp-content/uploads/2022/11/AA-JBISFactorInvesting22LongOnlyValueInvesting.pdfEven God Would Get Fired as an Active Investorhttps://alphaarchitect.com/wp-content/uploads/2021/08/Even_God_Would_Get_Fired_as_an_Active_Investor.pdfTopics coveredWhy high valuations may lower long-term expected returns without providing a reliable market-timing signalHow S&P 500 concentration creates a major large-cap, quality and growth factor betWhy earnings and operating income may be better value metrics than book-to-market in an intangible economyWhy valuation may matter more than company size for long-only value investorsHow unprofitable companies and low-quality stocks can distort small-cap value indexesWhether AI has changed the historical relationship between growth and value investingHow AI may eliminate short-term trading edges while leaving long-horizon opportunities intactWhy even an investor with perfect foresight could suffer severe drawdowns and get firedHow passive investing flows may affect market prices and factor returnsHow Section 351 exchanges can solve problems created by appreciated SMAs, tax-loss harvesting and direct indexingThe 25/50 diversification rules, cost-basis transfer and tax-deferral mechanics of ETF conversionsWhy assets continue moving from mutual funds, hedge funds and separate accounts into ETFsWhy enduring underperformance may be necessary to earn higher long-term returnsTimestamps00:00 Alpha Architect, ETF Architect and building an ETF platform04:00 Can factor investors time a market bubble?08:03 Intangible assets and the problems with book-to-market13:42 The quality problem inside small-cap value indexes18:18 Has technology changed the growth-versus-value equation?23:25 Can AI create lasting investment alpha?27:42 Are investors behaving better today?34:39 How Section 351 ETF exchanges work39:48 The diversification rules for tax-deferred ETF conversions44:34 How cost basis and deferred taxes carry into the ETF49:07 Mutual fund, hedge fund and SMA conversions54:13 Why investors should embrace underperformanceLearn more about the Excess Returns podcast network:https://excessreturns.coNo information discussed in this podcast should be construed as investment advice. Securities discussed may be held by the hosts and guests, their firms or their clients.

04-Hello Samsad 2083-04-08_Intangible cultural heritage final

How do you measure value when much of a company's worth no longer appears on the balance sheet?  This episode explores the growing importance of intangible assets and why they have become one of the most significant challenges facing accountants, valuers, investors, and standard setters.  As investment increasingly flows into intangibles such as software, data, AI, brands and intellectual capital, questions are emerging about whether traditional financial reporting can keep pace.  Key listener takeaways include:  Why intangible assets are becoming a major driver of business value  The growing gap between market value and financial statement value  How valuation standards support consistency and trust  Why investors need greater visibility for intangible investments  What CFOs, auditors and valuers can do differently to improve intangible valuations  What the IASB's review of intangible asset reporting could mean  Why transparency, professional judgement, and valuation quality matter  You'll gain clear insight from this practical discussion on where value now lives inside organisations and how reporting frameworks may need to evolve.  Host: Elinor Kasapidis, chief of policy standards and external affairs, CPA Australia  Guests: Ram Subramanian, external reporting policy lead, CPA Australia  Nicolas Konialidis, director of the International Valuation Standards Council (IVSC) in Asia and technical director of IVSC's Business Valuation Board. He has over three decades of experience in equity markets, corporate finance, and valuations in Europe, the USA and Asia Learn more about the IVSC by heading to its website and there you'll find additional perspectives on intangibles.  And you can read IOSCO's statement on the importance of high-quality valuation information in financial reporting.   IOSCO is the international body that brings together the world's securities and derivatives regulators, and is recognised as the global standard setter for financial market regulation.  You can also watch the Valuing AI, Data and Intangible Assets: Insights from Nicolas Konialidis webinar from CPA Australia's 'Accounting for Intangibles Summit'.  Listen to more With Interest episodes and other CPA Australia podcasts on YouTube. https://www.youtube.com/@CPAaustralia/podcasts  And don't forget to click subscribe to the channel for a wide range of content that will help your career.  CPA Australia publishes four podcasts, providing commentary and thought leadership across business, finance and accounting:  With Interest https://www.cpaaustralia.com.au/tools-and-resources/podcasts/with-interest  INTHEBLACK https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack  INTHEBLACK Out Loud https://www.cpaaustralia.com.au/tools-and-resources/podcasts/intheblack-outloud  Excel Tips https://www.cpaaustralia.com.au/tools-and-resources/podcasts/excel-tips  Search for them in your podcast platform. Email the podcast team at podcasts@cpaaustralia.com.au 

Bleav Host Robert Land asks NC State Insider Cory Smith (with PackPower247.com) about Rockets Undrafted 2-Way Guard Quadir Copeland. Can he be a real steal? Is Point Guard the obvious position? What are his strengths & weaknesses? Today's Show is Sponsored by FanDuel! (00:27) Copeland Backstory (2:10) How did Will Wade Change Quadir? (3:50) Quadir Strengths (7:06) Is Shooting Real? What changed this year? (9:33) National Take on Quadir (13:33) What makes Quadir Fail? (15:15) Turnovers, handles & decision making? (17:11) Quadir vs. Elite College Players/Teams? (19:99) Intangibles? (22:10) Final Thoughts? Subscribe ️- Youtube, Spotify, Apple & iHeart X ️- https://x.com/HSTPodcast Facebook ️- https://www.facebook.com/HoustonSportsTalkPod Classic Houston Memories & History Playlist - ️ https://www.youtube.com/playlist?list=PLP6kjM8cv81ruXBBvH-vfCxXPO0npG_OS Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Matt Zenz of Longview Research Partners joins Excess Returns to explain how evidence-based investing can help investors navigate AI excitement, market concentration, high valuations, IPO hype, factor investing and fixed income tax drag. We discuss why bubbles are hard to identify in real time, why diversification still matters, how valuation spreads shape expected returns, what AI capex does and does not tell us, and how investors can think about taxable bonds more efficiently.Longview Research Partnershttps://longviewresearchpartners.com/Main topics coveredWhy evidence-based investing matters during bubble-like marketsThe emotional reality of holding risk assets through painful periodsHow to think about market concentration without jumping straight to bubble callsWhy global diversification changes the mega-cap dominance storyWhat high market valuations mean for financial planning and expected returnsWhy wide valuation spreads may create a better setup for value stocksWhat factor research says about AI capex and corporate investmentHow Longview builds a diversified factor strategy around discount ratesWhy implementation, trading flexibility and scale matter in factor investingThe small cap premium debate, IPOs, fallen angels and survivorship biasWhy AI may increase data mining risk in quantitative investingHow fixed income tax drag can quietly reduce after-tax returnsTimestamps00:00 Why painful markets create future return premiums04:00 Market concentration, AI winners and the value of diversification09:40 How high valuations should influence financial planning13:12 Why wide valuation spreads matter for value investors14:01 What factor research says about AI capex16:20 How Longview's EBI strategy looks for higher discount rates18:58 Why Longview starts with the market and then tilts21:45 Comparing 1999, 2008 and today through expected returns24:33 Intangible assets, price-to-book and the limits of accounting adjustments28:32 SpaceX, IPOs and how indexes handle new mega-cap companies33:21 Why implementation and trading flexibility can affect returns36:17 Passive flows, price elasticity and market price discovery39:35 The small cap premium, IPOs and fallen angels42:21 Are today's small caps lower quality than history?46:01 Why AI may not uncover the next great factor premium48:04 Why fixed income may be the most inefficient part of taxable portfolios51:29 How LVIG tries to convert bond income into deferred capital appreciation52:50 The after-tax return opportunity from tax deferral54:58 Which investors may benefit most from tax-efficient fixed income56:26 Where to learn more about Matt Zenz and Longview

Send us Fan MailMost business owners think exit planning begins when they're ready to sell.Darryl Bates-Brownsword and Kevin Harrington explain why that's backwards.In this episode of the Exit Insights Podcast, they introduce the VORTEX model, a practical framework that helps business owners maximise business valuation, reduce owner dependence and create a business that delivers wealth, freedom and options.The surprising truth?The actual exit is only the final stage. Most of the value is built years earlier.Together, Darryl and Kevin walk through the five stages of the VORTEX framework:Value – Understand what your business is worth and why. Optimise – Improve profitability and reporting. Record – Build systems and remove owner dependence. Transform – Create the intangible assets buyers pay premiums for. Exit – Prepare your business for sale and exit on your terms. In this episode you'll learn:✔ Why a valuation is only the beginning.✔ How pricing and benchmarking can improve profits.✔ Why buyers don't want to buy jobs—they want systems.✔ How contracts with customers, suppliers and employees increase value.✔ Why strategic positioning and other intangible assets create premium valuations.✔ How succession planning creates an exit-ready business.✔ Why many owners discover they no longer want to sell after improving their business.Memorable Quote"Buyers don't want to acquire jobs. They want to acquire systems."Another Key Insight"The exit itself is only the final 20% of the process. The other 80% happens years earlier."Whether you're planning to sell in two years, ten years, or simply want a more valuable and less stressful business, this episode will help you understand how to prepare early and build a business that works for you—not because of you.Topics Covered Exit planning  Exit preparation  Business valuation  Maximising SME valuation  Sustainable growth  Owner dependence  Succession planning  Business systems  Intangible assets  Leadership teams  Strategic growth  Wealth, freedom and options  Preparing a business for sale ✅ Discover your 'Business Sellability Score' and determine if your business is ready for sale: Business Sellability Score

Ritavan joins Excess Returns to explain The System Gambit, a new framework for understanding competitive advantage, business strategy, AI disruption and long-term compounding. We discuss why traditional moat checklists can miss the real source of value, how companies can build systems competitors cannot copy, and what investors should look for when AI changes the game.The System Gambithttps://amzn.to/4b0J32IMain topics coveredWhy the traditional moat checklist can fail investorsThe three requirements for a true System GambitHow investors can evaluate business strategy from the outsideWhy code is not always the moat in the age of AIWhat history can teach investors about asymmetry and leverageWhy AI adoption is not the same as AI value creationThe difference between moving fast and understanding the gameLessons from Nokia, ASML, Amazon and WalmartHow intangible investment and J curves can hide long-term valueWhy the best companies build compounding systems competitors cannot copyHow investors can identify companies changing the game rather than optimizing the old oneTimestamps00:00 Opening preview and introduction04:00 The three ingredients of a System Gambit08:49 Why code is not the moat in AI software13:00 Skanderbeg and changing the rules of the game17:00 Good moats, good narratives and asymmetric advantage22:31 Microscope vs telescope as a lesson for AI28:35 AI winners, losers and high dispersion markets32:08 Signal quality, bottlenecks and why AI adoption is not enough36:00 Nokia, agility and the failure to build a causal model40:15 Why understanding the game beats speed44:00 Intangible investment, the J curve and ASML's hidden edge49:54 The contrarian AI thesis behind The System Gambit54:00 How to recognize a real System Gambit58:27 Amazon, Walmart and multi-paradigm compounding1:03:00 Prime, FBA and platform leverage1:07:00 Walmart's answer to Amazon1:11:06 Closing thoughts and where to find Ritavan

Carl and Mike are joined by Zuby Ejiofor as they discuss his journey to the NBA and being drafted by the Hawks

SPENCER HAWES joins the show ahead of tonight's NBA Draft. First we have to talk about that monster trade last night. What will Jaylen Brown and the Celtics do now that they've unsuccessfully tried to trade him twice? Where would Spencer like to see fellow Husky Hannes Steinbach get drafted? Who will go number one over all and should teams be concerned about Darryn Peterson's lack of availability? What does Dusty may's exit from college basketball say about the current state of college sports? :30- In yesterday's Seahawks One Series, we were joined by Dan Viens from the Seahawks Forever podcast and we asked him what it about Julian Love's game that he admires most? :45- We close out a busy Tuesday show with one last thing!

SPENCER HAWES joins the show ahead of tonight's NBA Draft. First we have to talk about that monster trade last night. What will Jaylen Brown and the Celtics do now that they've unsuccessfully tried to trade him twice? Where would Spencer like to see fellow Husky Hannes Steinbach get drafted? Who will go number one over all and should teams be concerned about Darryn Peterson's lack of availability? What does Dusty may's exit from college basketball say about the current state of college sports? :30- In yesterday's Seahawks One Series, we were joined by Dan Viens from the Seahawks Forever podcast and we asked him what it about Julian Love's game that he admires most? :45- We close out a busy Tuesday show with one last thing! See omnystudio.com/listener for privacy information.

Send us Fan MailWhy does the intangible drilling cost deduction makes oil and gas investing so attractive for high-income earners?  Faster write-offs and more control over timing. Learn about the rules, limits, and risks so you can weigh tax savings against real-world investment economics. • defining IDC versus tangible drilling costs with clear examples • why prepaid IDC can create a current-year deduction before a well produces • how working interest can make losses non-passive and usable against W-2 and other income • why Congress designed these incentives for domestic energy production and jobs • a $100,000 example showing how year-one deductions can translate into tax savings • the importance of binding drilling obligations, economic performance, and ethical operators • why you should not invest for tax savings alone • how oil and gas can complement real estate loss planning • future-year tax impact, profit timing, and the depletion allowance • state conformity differences, including California limits • potential constraints from AMT and the excess business loss limitation • year-end planning in Q4 and using deductions to target a better bracket If at any time you would like to get personalized insight on how this may apply to you and how we could help, I suggest you go to https://www.prosperalcpa.com/apply. 

In high-stakes decision-making, waiting for more data is often not an option. Yet many data scientists assume that without a large dataset, meaningful analysis is impossible. The good news is that rigorous, quantitative analysis is possible with far less data than most data scientists realise - in some cases with just a single datapoint.In this Value Boost episode, Douglas Hubbard joins Dr Genevieve Hayes to share practical techniques from How to Measure Anything that data scientists can start using right now to support high-stakes decisions when observations are scarce and every data point counts.In this episode, you'll learn:Why a single observation reveals more than you think [01:58]How Laplace's Rule of Succession lets you estimate probabilities from tiny samples [08:25]The Rule of Five and what it reveals about small sample statistics [12:08]The simplest and most overlooked technique for reducing measurement uncertainty [14:07]Guest BioDouglas Hubbard is the founder and president of Hubbard Decision Research and the creator of Applied Information Economics. He has over 35 years' experience in management consulting focusing on the application of quantitative methods to decision making. He is also the author of How to Measure Anything: Finding the Value of Intangibles in Business and The Failure of Risk Management: Why It's Broken and How to Fix It.LinksHow to Measure Anything websiteConnect with Genevieve on LinkedInBe among the first to hear about the release of each new podcast episode by signing up HERE

Data scientists are trained to work with large datasets. But the decisions that truly make or break an organisation are rarely the ones with large datasets behind them. They are the high-stakes, one-off decisions made under significant uncertainty - and most data scientists have no framework for handling them.In this episode, Douglas Hubbard joins Dr Genevieve Hayes to share how combining techniques from statistics, economics and decision theory can help data scientists tackle the problems that matter most.In this episode, you'll discover:What Applied Information Economics is and how it works in practice [03:17]Why organisations are systematically measuring the wrong things [09:23]How the Lens Model can make expert judgment more reliable than the expert themselves [13:44]How AI can turbocharge the Applied Information Economics approach [21:10]Guest BioDouglas Hubbard is the founder and president of Hubbard Decision Research and the creator of Applied Information Economics. He has over 35 years' experience in management consulting focusing on the application of quantitative methods to decision making. He is also the author of How to Measure Anything: Finding the Value of Intangibles in Business and The Failure of Risk Management: Why It's Broken and How to Fix It.LinksHow to Measure Anything websiteConnect with Genevieve on LinkedInBe among the first to hear about the release of each new podcast episode by signing up HERE

It started in early October and are now at the finish line where a new Stanley Cup champion will be crowned within the next two weeks.The Carolina Hurricanes have marched into the Final requiring just 13 games to earn their spot while the Vegas Golden Knights have gotten stronger each round to take their place.Neil and Vic are once again joined by TSN's Craig Button for analysis and predictions as both franchises seek their second Stanley Cups.IN THIS EPISODE:[02:07] - Craig Button joins the show and dives right into the Stanley Cup Final whether Vegas might be more battle tested given their path to the championship series.[06:37] - The prospect of Carolina still being able to execute the relentless style of play against a Vegas team fresh off smothering the Presidents' Trophy-winning Avalanche.[10:19] - The areas that Craig and Neil see where both clubs could be exploited by the other.[14:52] - Intangibles. Something we might see by series end that isn't necessarily visible early on.[17:59] - The ongoing saga with the Golden Knights refusing to allow former head coach Bruce Cassidy to speak with other teams about a head coaching position while still under contract to the VGK for another season at 4.5 million.[23:28] - Updated standings and predictions among the three "experts" with some fun dropped in.[35:19] - The family of Claude Lemieux has announced that the former player's brain will be donated to the Boston University CTE Center for research. Lemieux died by suicide May 28, though the family has cautioned no conclusions should be drawn through their gesture.[37:18] - The passing of Dennis Hull May 30, brother of the "Golden Jet," Bobby Hull, his shot was perhaps the most feared of any player in the late '60's and early 70's.[38:42] - Stanley Cup Final schedule.X: https://twitter.com/NHLWraparoundNeil Smith: https://twitter.com/NYCNeilVic Morren: https://www.linkedin.com/in/vic-morren-7038737/NHL Wraparound Instagram: https://www.instagram.com/nhlwraparound/#NHLWraparound #NHLWraparound.com #ShortShifts #NYCentric #CelebritySeries #HallofFameEdition #StanleyCupdate #SummerCoolers #Smith'sPix #NeilSmith #VicMorren #NHL #SummerCoolers #AnaheimDucks # #BostonBruins #BuffaloSabres #CalgaryFlames #CarolinaHurricanes #ChicagoBlackhawks #ColoradoAvalanche #ColumbusBlueJackets #DallasStars #DetroitRedWings #EdmontonOilers #FloridaPanthers #LosAngelesKings #MinnesotaWild #MontrealCanadiens #NashvillePredators #NewJerseyDevils #NewYorkIslanders #NewYorkRangers #OttawaSenators #PhiladelphiaFlyers #PittsburghPenguins #StLouisBlues #SanJoseSharks #SeattleKraken #TampaBayLightning #TorontoMapleLeafs #UtahMammoth #VancouverCanucks #VegasGoldenKnights #WashingtonCapitals #WinnipegJets #CraigButton #TSN #ConnorMcDavid #TrippTracy #FrederikAndersen #CarterHart #DylanCoghlan #ScottWedgewood #CaleMakar #NathanMacKinnon #SamMalinski #BrettHowden #JakeEichel #MitchMarner #MarkStone #TaylorHall #JacksonBlake #LoganStankoven #SebastianAho #SethJarvis #AndreiSvechnikov #UsainBolt #PavelDorofeyev #BruceCassidy #KellyMcCrimmon #GeorgeMcPhee #GaryBettman #JohnTortorella #PeterPocklington #AlexanderOvechkin #JordanStaal #ConnSmytheTrophy #FrankPatrick #LesterPatrick #PrinceofWalesTrophy #HartTrophy #ClaudeLemieux #BostonUniversityCTECenter #JohnSaunders #DennisHull #BobbyHull #VicHadfield #SummitSeries1972 #JimMontgomery

Marty Hofmann is a successful entrepreneur who is passionate about helping others live intentional lives. He has been investing in real estate for over ten years, with over eighty transactions and a $13 million portfolio.  Marty is also the host of the podcast "Kill Complacency", where he brings guests on to inspire intentional living.   0.00:    Killing Complacency 4.00:    Role models from growing up in a large family 9.00:    Compatibility in marriage 12.00:  Building a niche business (alpaca shearing) 16.00:  The power of home schooling your kids 21.00:  The impact of AI on humanity and managing technology with our kids 32.00:  The power of goals and habits 36.00:  Intangible goals (vs tangible) 43.00:  Importance to not live vicariously through our kids 49.00:  Importance in communication and "check ins" in marriage 1.00.00:  What we wish we could tell our younger self   Check out Marty's book "Killing Complacency": https://tinyurl.com/yc5j4bjj   Learn more about https://www.martyhofmann.com/   Until next time, love and good vibes.  Podcast Website: https://enterthelionheart.com/ Check out the latest episode here: Apple Podcast: https://podcasts.apple.com/us/podcast/enter-the-lionheart/id1554904704 Spotify: https://open.spotify.com/show/4tD7VvMUvnOgChoNYShbcI

JD reacts to the Vegas Golden Knights taking home ice-advantage in the Western Conference Finals. Dan Shulman,  Blue Jays play-by-play voice, joins JD (7:00) to get into last night's Blue Jays must-win victory over the New York Yankees. They discuss  when the Jays grace period is over, Trey Yesavage's stabilizing impact, and Vladimir Guerrero Jr.'s extended slump and mental fortitude. The show ends with 'What We Missed!' The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the position of Rogers Sports & Media or any affiliates.

Bleav Host Robert Land asks Indiana Hoosiers Insider Shannon Griffith- who covers Indiana for Hoosiers.com & the Hoosier Football Tailgate podcast - about Texans 7th Round Pick LB Aiden Fisher. What makes him so special? How did tragedy change his life? Are his critiques fair? Today's Show is Presented by FanDuel! (00:30) Aiden goes from Zero Star to NFL Pick! (3:02) Did Tragic Backstory Drive Him? (5:21) Fisher's Intangibles? (8:38) Are critiques fair? Is athleticism & tackling issue? (10:42) Is Special Teams his shot? (12:49) Final Thoughts on Fisher (14:39) Hoosiers Win National Title Subscribe ️ Youtube, Spotify, Apple & iHeart X ️ https://x.com/HSTPodcast Facebook ️ https://www.facebook.com/HoustonSportsTalkPod Classic Houston Memories & History Playlist ️ https://www.youtube.com/playlist?list=PLP6kjM8cv81ruXBBvH-vfCxXPO0npG_OS Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Send us Fan Mail You've ticked all the boxes. The family, the career, the home. So why does life still feel quietly draining? This episode is for anyone who's been wondering if they're running out of time, when really, they might be running out of energy. Engineer-turned-coach Mary Guerdoux-Harries walks us through the four sources of energy that shape how alive we actually feel — physical, emotional, mental, and spiritual — and why the one most of us overlook is also the one that holds everything else together. Practical, grounded, and gently revealing. About the Guest: Mary Guerdoux-Harries is an ICF-accredited professional coach and the founder of Resonance Coaching, based in the south of France. After more than two decades in international engineering and tech organisations, she now works with women and leaders to help them understand and harness their energy across four dimensions so they can grow and thrive without burning out. Key Takeaways: We don't run out of time. We run out of energy. Most fatigue isn't a scheduling problem, it's an alignment problem. The four energy sources (physical, emotional, mental, spiritual) work like batteries. They charge and drain through everything you do, and they fuel each other. Spiritual energy isn't religious. It's the quiet knowing of what your values are and whether your day actually reflects them. Burnout often hides inside lives that "look fine on paper." Ticking boxes is not the same as feeling fulfilled. Small, value-aligned actions (starting a compost bin, buying a painting, taking a drawing class) can shift your energy more than another productivity hack ever will. Measuring your energy with tools like the ELI makes the intangible tangible, so you can finally see where you're depleted and what to feed. Wherever you are right now is exactly where you're meant to be. Healing starts with that acceptance. Connect With Mary: Website: https://www.resonance.coach (take the free Energy Profiler at the bottom of the homepage) Instagram: https://www.instagram.com/resonance_mary_guerdoux/ LinkedIn: https://fr.linkedin.com/in/mary-guerdoux-harries Facebook: https://www.facebook.com/MaryGuerdoux/ Email: mary@resonance.coach Episode Chapters: [00:00] The Question Behind Tiredness — what if it's not time you're running out of? [02:30] Meet Mary — engineer, coach, and the bridge between logic and energy [05:40] The Lockdown Reckoning — when ticking every box still felt hollow [10:20] The Four Energy Buckets — physical, emotional, mental, spiritual, and how they fuel each other [14:50] The Missing Bucket — why spiritual energy is the one most of us starve [19:30] Beauty, Compost, and Drawing Class — small shifts that change everything [24:10] Measuring the Intangible — the ELI and what it reveals about your life right now [28:40] Wherever You Are Is Where You're Meant to Be — the closing reframe   (timestamps approx.) Want to be a guest on Healthy Mind, Healthy Life? DM on PM - Send me a message on PodMatch DM Me Here: https://www.podmatch.com/hostdetailpreview/avik Disclaimer: This episode is produced for educational and informational purposes only. All views expressed by the guest are their personal opinions alone and do not represent the views of the host or Healthy Mind by Avik™. The Network does not verify, endorse, or assume responsibility for any guest statements. Nothing in this episode constitutes medical, legal, financial, or professional advice, please consult a qualified professional before making any decisions. Listeners are encouraged to engage critically and independently with all content do not consume blindly. Use this content as a starting point for your own reflection and research, not as a substitute for professional guidance. Third-party content is referenced under fair use for informational purposes only. Guest speakers are solely responsible for their own statements. If you have concerns about any content, please contact us here. By listening, you acknowledge and accept this disclaimer in full. Read detailed disclaimer here. Healthy Mind By Avik™ is a global platform redefining mental health as a necessity, not a luxury. Born during the pandemic, it's become a sanctuary for healing, growth, and mindful living. Hosted by Avik Chakraborty, storyteller, survivor, and wellness advocate. With over 6500+ episodes and 200K+ global listeners, we unite voices, break stigma, and build a world where every story matters. Subscribe and be part of this healing journey. Brand: Healthy Mind By Avik™ | Email: https://www.podhub.club/contact | Website: https://www.podhub.club | Based in: India & USA Listen to all podcast shows: https://www.podhub.club/podcastnetwork | Be a guest: https://www.podhub.club/beaguest | Newsletter: https://healthymindbyavik.substack.com/ #podmatch #healthymindbyavik #podhub.club #EnergyLeadership #BurnoutRecovery #WorkingMoms #CoreEnergyCoaching #MentalWellness #SpiritualEnergy #PurposeDrivenLife #FemaleLeadership #HealthyMindHealthyLife #VitalityCoach #ICFCoach #SustainableSuccess #InnerAlignment     Support the show Want to Be a Guest on Healthy Mind, Healthy Life?

In the second part of our series about Mexico's UNESCO Intangible Cultural Heritage, we dive deeper into some of the country's most fascinating traditions and cultural expressions. We talk about the Totonac Indigenous Arts Center in Veracruz, the world of charros and charrería, the famous Talavera pottery of Puebla, romantic bolero music, and massive community celebrations like the Romería of the Virgin of Zapopan and the Passion of Christ reenactment in Iztapalapa. Along the way, we share personal stories, cultural observations, and the things that surprised us most while learning about these traditions, helping you better understand the diversity and richness of Mexican culture.Key Takeaways:Learn about several of Mexico's UNESCO-recognized intangible cultural traditions and why they are culturally important.Discover how traditions like charrería, Talavera, and bolero music continue to be preserved and passed down through generations.Explore how religion, community, music, craftsmanship, and indigenous knowledge all play an important role in Mexican identity.Links And Additional Resources:318 – México Vivo: Los Trece Patrimonios Inmateriales de la UNESCO Parte I | Mexico Alive: The Thirteen Intangible Cultural Heritage Sites of UNESCO, Part I317 – ¿Qué es la UNESCO y Por qué Importa Cuando Viajamos? | What is UNESCO and Why Does it Matter When We Travel?Level up your Spanish with our Podcast MembershipGet the full transcript of each episode so you don't miss a wordListen to an extended breakdown section in English going over the most important words and phrasesTest your comprehension with a multiple choice quiz✈️ Join La Escala, our online Spanish and Go community for Spanish learners who want more practice, structure, and connection. Annual plans include 2 months free.

When Joan Ryan stepped into the locker room to conduct her first post-game interview as a sports journalist, she was all but kicked out by the players. Feeling both unwelcome and undeterred, she made a firm decision to stick around and make a name for herself as one of the first female sports columnists in the country.Intrigued by the concept of team chemistry, Joan wrote Intangibles, where she shares what team chemistry really is, how to identify it, and how to use it to elevate the performance of any entity, from sports to businesses and beyond. In this revisited episode, Joan and Dart explore the hidden forces behind great teams, why chemistry matters more than most people think, and how human connection can elevate performance.Joan Ryan is an award-winning journalist, speaker, author, and media consultant with the San Francisco Giants. Her work has been featured on Oprah, 60 Minutes, the Today Show, People magazine, the New Yorker, the New York Times, and Time Magazine.In this episode, Dart and Joan discuss:- Whether or not team chemistry exists- How team chemistry elevates performance- The neurophysiology of human connection- The essential archetypes within team chemistry- Connecting over emotions vs. connecting over a shared task- How chemistry and skills affect the likelihood of team success- Using an intangible concept to create tangible results- And other topics…Joan Ryan is an award-winning journalist, speaker, author, and media consultant with the San Francisco Giants. She pioneered sports journalism as one of the first female sports columnists in the country; her work has earned 13 Associated Press Sports Editors Awards, the Women's Sports Foundation's Journalism Award, and the Edgar A. Poe Award from the White House Correspondents Association, among others.As an author, Joan has been featured on Oprah, 60 Minutes, the Today Show, People magazine, the New Yorker, the New York Times, and Time Magazine. Her expansive career inspired her book, Intangibles: Unlocking the Science and Soul of Team Chemistry, which draws from hundreds of interviews to understand the phenomenon known as team chemistry.Resources mentioned:Intangibles, by Joan Ryan: https://www.amazon.com/Intangibles-Unlocking-Science-Soul-Chemistry/dp/B086KJFGBWOrganizing Genius, by Warren Bennis and Patricia Ward Biederman: https://www.amazon.com/Organizing-Genius-Secrets-Creative-Collaboration/dp/0201339897Connect with Joan:LinkedIn: https://www.linkedin.com/in/joan-ryan-intangibles/Work with Dart:Dart is the CEO and co-founder of the work design firm 11fold. Build work that makes employees feel alive, connected to their work, and focused on what's most important to the business. Book a call at 11fold.com.

Kai Wu is the founder and chief investment officer of Sparkline Capital, a former GMO and Harvard-trained investor whose pioneering research on intangible assets — intellectual property, brand equity, human capital, and network effects — is redefining how value investors measure what companies are truly worth.Episode Sponsor: Fiscal AI is a modern data terminal that gives investors instant access to twenty years of financials, earnings transcripts, and extensive segment and KPI data—use my link for a two-week free trial plus 15% off (25% off Thursday, May 7th to Thursday, May 14th): ⁠https://fiscal.ai/talkingbillions/⁠3:00 – Kai's upbringing: father a doctor, mother an artist; studied economics at Harvard with a liberal arts mindset across disciplines5:00 – Walking into GMO during the financial crisis; mentorship under Jeremy Grantham; traveling to Sydney, London, Berkeley to expand the firm's forecasting7:00 – Founding Sparkline Capital: "I'm a builder" — intellectual independence to pursue research others wouldn't, including early work on large language models in 201910:00 – The balance sheet as an incomplete map: why traditional metrics miss the majority of corporate value in today's economy11:00 – "Black sheep" identity: too growth-oriented for value circles, too value-sensitive for growth investors; bridging both camps14:00 – The four pillars of intangible value: intellectual property, brand equity, human capital, network effects — "the dark matter of finance"18:00 – Why capitalizing R&D spending doesn't solve the problem; moving from historical cost to measuring the actual asset created using alternative data and AI22:00 – Two economies: tangible ground-level operations vs. intangible businesses that scale globally with minimal physical footprint27:00 – Reframing Buffett: only 8% of Berkshire investments purchased below book value; three eras from industrial to consumer (Coca-Cola) to tech (Apple)34:00 – AI: bullish on the technology, cautious on the investment; capital cycle parallels to the dot-com boom and railroad era38:00 – Who wins tech revolutions: not the infrastructure builders but the users — Google, Amazon, Netflix won the internet, not the telecom companies42:00 – AI financial analysts: excels at rote tasks, lacks senior judgment; Claude Code now replacing junior analyst work47:00 – Jobs will transform, not disappear: 60% of today's jobs didn't exist in the 1940s; speed of change matters most54:00 – No single factor wins: "the more factors I can consider, the less blind spots I have"56:00 – Success defined as intellectual freedom, not money or famePodcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Jacob sits down for a fantastic conversation with author and analyst Dror Poleg to explore how AI is reshaping work, value, and the economy. They unpack why AI is better understood as a medium than a tool, what the shift from tangible to intangible assets means for investors, and why the dynamics of show business now govern every industry - from oil to politics.--Timestamps:(00:00) - Introooo(01:27) - Twitter and the Text Commons(04:16) - AI Metaphors Tool or Medium(07:58) - How LLMs Actually Think(16:04) - Analog to Digital Generations(17:39) - Work Capital and Interchangeability(23:39) - OnlyFans Economy and Discovery(28:18) - Nonlinear Economy Tangible vs Intangible(35:45) - Is This Universal China Too(37:43) - China Fears Volatility(38:11) - COVID Strategy Contrast(40:39) - Censorship Arms Race(42:05) - AI Slips Control(43:09) - Energy Limits Return(44:52) - Automation And Work(47:22) - All Swans Black(52:36) - Politics Need New Story(57:50) - Cities For New Economy(01:03:18) - Warp Speed Government(01:05:00) - Israel Modern War Paradox(01:12:18) - Closing And Credits--Referenced in the Show:Dror Poleg's Site and piece referenced - https://www.drorpoleg.com/forty-in-quarantine/--Jacob Shapiro Site: jacobshapiro.comJacob Shapiro LinkedIn: linkedin.com/in/jacob-l-s-a9337416Jacob Twitter: x.com/JacobShapJacob Shapiro Substack: jashap.substack.com/subscribe --The Jacob Shapiro Show is produced and edited by Audiographies LLC. More information at audiographies.com--Jacob Shapiro is a speaker, consultant, author, and researcher covering global politics and affairs, economics, markets, technology, history, and culture. He speaks to audiences of all sizes around the world, helps global multinationals make strategic decisions about political risks and opportunities, and works directly with investors to grow and protect their assets in today's volatile global environment. His insights help audiences across industries like finance, agriculture, and energy make sense of the world.--

✈️ Join La Escala, our online Spanish and Go community for Spanish learners who want more practice, structure, and connection. Annual plans include 2 months free.

Tom Duncan and Sara Shea continue their journey through Season 1 of The West Wing, this time with episode 1.22 - the first season finale. We are joined by friend of the show, Klarissa Beckstead (I've Seen That One podcast). In this episode, Sara is given a difficult choice, our intrepid hosts grade The West Wing - Season 1, and they pick what's to come next for Season 2.Chapters:00:00 Introduction02:45 Recap of Season One and Episode 22 of The West Wing05:59 Emotional Reactions to the Season Finale08:52 Character Development and Plot Predictions11:48 Political Themes and Real-World Parallels14:45 Interpersonal Relationships and Character Dynamics17:47 Discussion on the Iraqi Plotline20:52 Reflections on Historical Context and Relevance26:12 Character Favorites and Dynamics28:42 Exploring Toby's Depth and Complexity29:44 Emotional Resonance of Space Tragedies31:34 Cliffhangers and Viewer Reactions33:44 Anticipation for Future Episodes39:39 Navigating Choices, Decisions, and Chaos48:39 Overview of Season Ratings and Rankings51:33 Acting Performance Evaluation54:33 Writing Quality Assessment57:36 Intangibles and Emotional Impact01:00:35 Cinematography and Visual Presentation01:03:30 Narrative Structure and Cohesion01:06:34 Character Development and Dynamics01:20:27 Character Development and Mistakes01:22:41 Ratings and Expectations for Season One01:25:03 Editing and Pacing in Aaron Sorkin's Work01:28:15 Final Thoughts on Season One Ratings01:29:30 Choosing the Next Show: Options and Decisions01:41:27 Deciding on 'The Good Wife' for Next SeasonKeywords:The West Wing, TV analysis, character development, political drama, episode review, emotional impact, storytelling, season one, character analysis, show notes, TV show analysis, binge-watching, season finale, show grading, streaming options

Vrabel makes his way back to the Patriots amid the chaos of his cheating scandal; his QB Drake Maye was asked his thoughts on the situation and the gang has fun poking at his response. Brittney reveals her reaction to the Dolphins picking Kadyn Proctor; and then the gang discuss how they are slowly getting over not getting Bain and are excited to see what Proctor can do. The silly sauce is in full effect in the last segment after Tobin shares a video of Punxsutawney Phil and his keepers throwing the first pitch at the Pirates game; let just say it is very INTANGIBLES!

1 - There's a Gold Mine in the Sky - Larry Cotton with Horace Heidt and his Brigadiers – 19372 - Cash for Your Trash - Fats Waller and his Rhythm - 19413 - Maldito Dinero (Damn Money) - Pastora Soler – 19444 - Precious Little One - Vincent Calendo with the Jimmy Carr Orchestra - 19355 - Precious - Austin Young, Charles Gaylord, and Jack Fulton with Paul Whiteman and his Orchestra – 19266 - Love Is a Fortune - Jesse Powell Orchestra with Fluffy Hunter – 19527 - Coral Isle - Ray Kinney and his Royal Hawaiians - 19388 - Ruby - Cousin Emmy and her Kinfolk - 19469 - Two Little Ruby Rings - Paul Whiteman and his Orchestra – 192210 - Hi-Yo Silver - Bon Bon with Jan Savitt and his Top Hatters - 193811 – Hello Prosperity – Irving Kaufman – 192212 - Salud, Dinero Y Amor (Health, Wealth and Love) - Juan Vicari – 194613 - Big Blue Diamonds - Red Perkins – 195014 – The Crown Diamonds Overture - The Grosvenor Orchestra – 192415 - The Gold Ring, Haste to the Wedding - Paddy Killoran – 1937

In the tumultuous election cycle of 2019-2020, Alexandra Pelosi once again travelled the country to take Uncle Sam's temperature. So far, so typical. But the movie she emerged with, AMERICAN SELFIE: ONE NATION SHOOTS HERSELF (2020), ended up being her darkest, bleakest vision yet. PLUS: Luke sings the praises of James Joyce's Ulysses! PATREON-EXCLUSIVE EPISODE - https://www.patreon.com/posts/705-filling-with-155264651

On episode 276 of the Atlantic City Podcast, Kyle and Craig discuss the Soar & Shore Airshow moving to May this year, say if they’d rather be in AC for the... Read more »

In this inaugural episode of our new show, The Intangible Economy with Kai Wu, we explore how AI, intangible assets, and unprecedented capital investment are reshaping the future of markets. Michael Mauboussin joins Kai to break down why today's AI expectations may be historically unmatched—and what that means for investors trying to assess risk, returns, and who ultimately captures value.Subscribe on SpotifySubscribe on AppleThe conversation moves from base rates and AI growth expectations to competitive dynamics, capital cycles, and the fundamental shift toward intangible-driven business models that are changing how we think about valuation, moats, and market structure.Papers and Resources Discussed:Bayes and Base Rates: How History Can Guide Our Assessment of the Futurehttps://www.morganstanley.com/im/en-us/institutional-investor/insights/consilient-observer/bayes-and-base-rates.htmlThe Impact of Intangibles on Base Rateshttps://www.morganstanley.com/im/publication/insights/articles/article_theimpactofintangiblesonbaserates.pdfMeasuring the Moat: Assessing the Magnitude and Sustainability of Value Creationhttps://www.morganstanley.com/im/publication/insights/articles/article_measuringthemoat.pdfOne Job: Expectations and the Role of Intangible Investmentshttps://www.morganstanley.com/im/publication/insights/articles/article_onejob.pdfCapitalism Without Capital: The Rise of the Intangible Economyhttps://books.google.com/books/about/Capitalism_without_Capital.html?id=J3SYDwAAQBAJA Better Estimate of Internally Generated Intangible Capitalhttps://pubsonline.informs.org/doi/10.1287/mnsc.2022.01703Underestimating the Red Queen: Measuring Growth and Maintenance Investmentshttps://www.morganstanley.com/im/publication/insights/articles/article_underestimatingtheredqueen.pdfExplaining the Recent Failure of Value Investinghttps://papers.ssrn.com/sol3/papers.cfm?abstract_id=3442539Guest Links:Michael Mauboussin TwitterTopics Covered:Why OpenAI's projected growth would be unprecedented in market historyHow base rates provide a reality check on AI expectationsThe role of diffusion models and adoption curves in forecasting technologyWhy massive capital investment in AI may follow past boom-bust cyclesLessons from large-scale infrastructure projects and why timelines breakHow intangible assets change the distribution of business outcomesThe rise of “fat tails” and why more companies now massively win or failWho captures value in AI across the stack from chips to applicationsWhy competition may drive AI profits toward consumers, not producersHow accounting distorts intangible investment and misleads investorsTimestamps:00:00 Intro and OpenAI growth expectations vs historical base rates04:32 Why no company has ever achieved 100%+ sustained growth at scale08:47 Lessons from megaprojects and AI infrastructure buildouts13:18 Intangible assets and why outcomes now have fatter tails18:36 Why big tech is growing faster than historical precedents23:52 Where value accrues in AI and why consumers may benefit most28:21 Barriers to entry in AI including capital, talent, and scale32:47 The risk of overinvestment and historical parallels to past bubbles37:26 Game theory and competitive signaling in AI capital spending41:58 Why investment returns—not “asset light” narratives—drive value46:12 How accounting fails to capture intangible investment properly50:44 Breaking down SG&A into maintenance vs investment spending55:03 Why understanding reinvestment and ROI is the core investing skill59:18 Final thoughts on uncertainty, expectations, and base rates in AI

JD and theScore's Joseph Casciaro dig into the excitement of Scottie Barnes the point guard, make arguments for and against RJ Barrett to be a part of the Raptors long-term future, and talk about Brandon Ingram's first season with the Raptors. JD and Joseph then discuss Shai Gilgeous-Alexander and the lingering conversation about officiating, plus NBA expansion on the horizon.  The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the position of Rogers Sports & Media or any affiliates.

In the first hour of the show: - Marlins streaking, winning the first 3 games of the season. - Heat outpaced by Indiana - UCONN, Michigan advance to the Final 4 - Panthers lose to the Rangers

Why do so many Christians spend their lives in the pursuit of the blessings of God, yet seldom do they pause to understand The Kingdom of God itself?Jesus invites us to seek something far greater than benefit. He calls us to seek thorough awareness of The Kingdom of Heaven itself.Why?Because when The Kingdom becomes the priority, everything else of value will find its way to you. Though there will be time involved, this is a guarantee from Christ The King Himself. The Kingdom is never a religious idea nor a religion.The Kingdom is the sovereign rule of The King of Life over all who yield willingly to His reign.And when He truly reigns in a life, something remarkable begins to burgeon in and through that life.Anxiety will lose its grip.Peace will sit on the throne of your life. Intangible and tangible supplies will make their way to you from unexpected sources that you never realized that God had already prepared for you.

This episode brings together Robert Hagstrom and Chris Mayer to explore how investors should think about base rates, extreme outcomes, and the realities of long-term wealth creation in markets. Drawing on Michael Mauboussin's work, the conversation challenges conventional ideas like mean reversion and highlights why a small number of companies drive most stock market returns—and what that means for portfolio construction.Matt Zeigler and I had the privilege of hosting Robert Hagstrom (The Warren Buffett Way) and Chris Mayer (100 Baggers) for a special 100-Year Thinkers Edition of the Excess Returns Podcast.Available now on Excess Returns Podcast and Talking Billions.

Scott Mason talks with Joe Blewett of Jetsxfactor about the All-22 film of new Jets safety Minkah Fitzpatrick! Joe discusses: -How Fitzpatrick has been used -Strengths and weaknesses -Intangibles that stick out on tape -Fit in the new look Jets defense And much more! Check out the Play Like A Jet store and get your "Play Like A Jet" logo shirt RIGHT NOW! Hoodies, hats, mugs, etc.....also available! https://www.teepublic.com/t-shirt/19770068-play-like-a-jet-logo-shirt?store_id=717242 To advertise on Play Like A Jet, please contact: Justin@Brokencontrollermedia.com Learn more about your ad choices. Visit megaphone.fm/adchoices

While discussing sports the Tobin & Leroy show got into survival conversation vs a Bear. Who can stand a chance if Bear was present? Why is it that Intangibles loves paly with wild animals/

Subscribe to the 100 Year Thinkers of Spotify⁠⁠Subscribe to the 100 Year Thinkers of AppleIn this episode of our new show, 100 Year Thinkers, Robert Hagstrom and Chris Mayer explore how investors should think about base rates, extreme outcomes, and the realities of long-term wealth creation in markets. Applying the work of Michael Mauboussin, the conversation challenges conventional ideas like mean reversion and highlights why a small number of companies drive most stock market returns—and what that means for portfolio construction.This episode brings together Robert Hagstrom and Chris Mayer to explore how investors should think about base rates, extreme outcomes, and the realities of long-term wealth creation in markets. The conversation challenges conventional ideas like mean reversion and highlights why a small number of companies drive most stock market returns—and what that means for portfolio construction.Topics covered• Why markets are driven by extreme outcomes and power laws, not averages• The Best & Bessembinder research showing a handful of stocks create most wealth• Base rates vs outliers and when to trust historical probabilities• Why the 100 bagger framework focuses on studying winners, not predicting them• Portfolio construction as a way to capture asymmetric upside• Buffett's approach to consistency, durability, and long-term operating history• Inside view vs outside view and how narratives distort investing decisions• Why AI may be breaking traditional base rate assumptions in software and tech• The limits of mean reversion and why it can lead investors astray• Return on invested capital and how competition erodes excess returns over time• Identifying durable moats and why most advantages eventually get attacked• Winner-take-all dynamics and how they shape long-term investing outcomes• The twin engines of returns: earnings growth and multiple expansion• Return on incremental capital as a key driver of long-term compounding• Intangible assets and why accounting understates true business value• Amazon as a case study in misunderstood profitability and reinvestment• AI CapEx cycle and why current spending may not be sustainable long term• Why great businesses matter more than great management in long-term investingTimestamps00:00 Why extreme outcomes drive stock market returns01:00 Base rates vs studying 100 baggers03:00 Power laws and why markets are a game of outliers05:00 Just 46 companies created half of all market wealth07:00 Buffett on consistency and long-term operating history10:00 How to think about base rates in AI, energy, and macro cycles12:00 Does AI invalidate historical base rates?15:00 Inside view vs outside view in investment decision making19:00 Buffett's “certainty at a discount” framework23:00 How often investors should evaluate businesses vs prices29:00 Mean reversion myths and where it breaks down33:00 Return on invested capital and competitive pressure36:00 Moats, winner-take-all markets, and long-term dominance41:00 Twin engines of compounding: growth plus multiple expansion43:00 Return on incremental capital and forecasting future returns47:00 Intangibles and why accounting distorts real business value50:00 Amazon, CapEx cycles, and hidden profitability53:00 AI infrastructure buildout and the future of returns

In this solo episode of the Thriving Authors Podcast, I'm delving into why I titled my book Your Book Matters and why this is something I believe so deeply.A wonderful listener emailed me in response to a podcast episode where I mentioned my, at the time, soon-to-be-released book title. They shared that most books don't actually matter – that with a creative pursuit you're the only one it matters to, otherwise you're setting yourself up for major disappointment. Listen in as I respond with:How I see this as a "yes and" situation.Why it's important to focus on the reasons that your book matters to yourself.Why I firmly believe your book will matter to other people.How knowing what motivates you allows you to design the best accountability system for yourself.Intangible ways that we can measure our success and impact on others.My dear friend, I want to assure you–now, more than ever, your writing matters. Telling your stories is a brave act. Sharing your perspective is mighty. Your ideas, your thoughts, your words–they might be the very lifeline someone else is desperately waiting for. If nothing else, carving out time for your writing is important because it sustains your own soul. Let it be an escape. Let it fill up your inner well. Let it connect you to the deepest, truest part of yourself–rejuvenating your energy to care for others and fight important battles out in the world.Ready to write your dang book!? Join my Thriving Authors Academy before we start April 6th! Find all the details at thrivingauthorsacademy.com

A creative vision is only as good as its execution. As the Vice President of Creative at Agency EA, Joanna Badamo leads the teams behind major experiential programs for brands like Samsung, Hilton, and Molson Coors. Joanna joins the show to discuss how to lead creative teams in fast-moving environments and the art of translating high-level brand strategy into physical experiences that actually work. What You'll Learn in This Episode How software-based companies can create tactile connections with an audience separated by screens The essential building blocks for moving a digital-first brand into a physical environment Why small curated moments are often more impactful than grand spectacles How to leverage AI as a wheel greaser for creative teams rather than an end result The shift from monologue-centered branding to creating multidimensional ecosystems of interaction Episode Chapters (00:00) Intro (01:36) Moving from sports marketing to the experiential side (03:24) Making intangible software brands feel real (05:17) The building blocks of a physical brand presence (08:12) Creating environments that transport and immerse (12:52) Measuring success and collecting strategic data (16:19) Finding creativity within real-world constraints (21:34) AI as an ally and facilitator for creative teams (25:11) A brand that made Joanna smile About Joanna Badamo Joanna Badamo is the Vice President of Creative at Agency EA, where she leads teams responsible for developing creative concepts and digital solutions for major experiential brand programs. With over a decade of experience spanning creative strategy and event account management, she brings a balanced approach to designing experiences for global brands including Samsung, Hilton, and Molson Coors. Her work focuses on the belief that the best brand moments thoughtfully balance high-level vision with functional, real-world execution. What Brand Has Made Joanna Smile Recently? Joanna highlighted the unhinged brilliance of Duolingo, noting how the brand's "mind sorcery" and relatable TikTok presence create a deep sense of connection and obligation. She also pointed to a clever, cheeky Super Bowl activation by Aldi featuring Lewis Capaldi, which proved that an experience doesn't need to be over-produced to be special and memorable. Resources & Links Connect with Joanna on LinkedIn. Check out the Agency EA website. Listen & Support the Show Watch or listen on Apple Podcasts, Spotify, YouTube, Amazon/Audible, TuneIn, and iHeart. Rate and review on Apple Podcasts and Spotify to help others find the show. Share this episode — email a friend or colleague this episode. Sign up for my free Story Strategies newsletter for branding and storytelling tips. On Brand is a part of the Marketing Podcast Network. Until next week, I'll see you on the Internet! Learn more about your ad choices. Visit megaphone.fm/adchoices

In hour 2 of the show: - Kevin Durant talks abut the new NBA All Star Game - Heat Might've of found their Point Guard - Thursday mix Bag