Podcasts about investing

Lens #010 - $100 Trillion Is Changing Hands - Here's How to Catch It$80 to $105 trillion is about to move between generations. Most will watch it happen. A few will catch it.Episode SummaryIn this episode of The Lifestyle Investor Podcast, host Justin Donald breaks down the largest wealth transfer in history and how to position yourself for it.You'll learn why retiring boomers create unprecedented deal flow, how seller financing lets you acquire cash-flowing businesses with little or no money down, and why following millennial spending points straight to the next decade of opportunity.Question of the Day

Mark Peter Davis of Interplay joins Nick to discuss AI's Effect on the Demand Curve, Investing in Durable Barriers, Large Cap vs. Small Cap Seed Deals, and Building an Internal AI Machine. In this episode we cover: AI's Role in Interplay's Operations Investment Strategy and Early Signals Impact of AI on Software and Venture Capital Job Displacement and New Opportunities Barriers and Durability in Software Companies Challenges for Traditional Growth Companies AI Native Services and Market Segmentation Guest Links: Mark Peter Davis's LinkedIn Mark Peter Davis's X Interplay's LinkedIn Interplay's Website The host of The Full Ratchet is Nick Moran of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area. We're proud to partner with Ramp, the modern finance automation platform. Book a demo and get $150—no strings attached.   Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter

What does a millionaire actually look like? In this episode, Travis and producer Eric react to a viral clip from financial educator Tori Dunlap (Her First $100K) about why most people misunderstand wealth. Their conversation dives into the difference between appearing wealthy and actually building wealth, why so many people fall into lifestyle inflation, and the financial habits Travis has observed after interviewing more than a thousand successful entrepreneurs. On this episode we talk about: Why most millionaires don't drive luxury cars or live extravagant lifestyles. The hidden dangers of lifestyle inflation and buying things to impress other people. Why lenders, dealerships, and financial institutions encourage consumers to spend more than they should. How investing excess income instead of upgrading your lifestyle creates long-term financial freedom. The importance of maintaining financial flexibility so you can pursue new opportunities without being trapped by monthly expenses. Top 3 Takeaways Building wealth is more about keeping and investing your money than spending it to create the appearance of success. Just because you qualify for a loan or payment doesn't mean it's financially wise—buy well below your maximum budget whenever possible. Delaying lifestyle upgrades creates flexibility, reduces stress, and gives you the freedom to change careers, start businesses, or invest in future opportunities. Notable Quotes "The people who have the most money are the people who keep their money and use it for things that make them more money." "You have to take control of your finances." "Money only solves your money problems, but it's easier to solve the rest of your problems with money in the bank." Connect with Travis Chappell: LinkedIn: https://www.linkedin.com/in/travischappell/ Instagram: https://www.instagram.com/travischappell/ Other: https://travischappell.com A Word from Our Sponsors: - Visit DrinkAG1.com/TMM to get a free AG1 Travel Case with 7 free AG1Travel Packs in your Welcome Kit with your first AG1 subscription order while supplies last.  - Go to Leesa.com for 25% OFF select mattresses (through August 23, 2026) PLUS get an extra $50 off with promo code TMM, exclusive for my listeners  Learn more about your ad choices. Visit megaphone.fm/adchoices

Bill Barhydt, Founder/CEO Abra, joined me to discuss the current state of the crypto market and what needs to happen for the market before the next major bull run. Recorded July 10th.Topics: - Crypto bear market and when the bottom might be in - Tokenization and markets going 24/7 - Clarity Act outlook - AI 's impact on the economy and life- Future of Prediction markets

Crypto News: Senate may pass the Clarity Act this coming week as the August 7th deadline approaches but the House is gone so the bill cannot be signed into law till September 2026. XRP Ledger upgrade brings back features once pulled over critical bugs. SEC keeps Nasdaq bitcoin options on hold after granting CME review.

One agency office went from a 7% close rate to 23% in 2 weeks. Same team. Same leads. We are showing you exactly what changed, live. This is a one time webinar, no replay and no recording, so you have to show up. Thursday, August 6th at noon CST, capped at 100 seats.

Most of us do not wake up intending to serve money. Yet financial pressures, ambitions, and fears can quietly begin shaping our choices. Before long, money may influence where we find security, how we measure success, and what we believe will bring us peace. Jesus speaks directly to this danger in Luke 16:13: “You cannot serve God and money.” Money was never meant to be our master. But when it is placed in its proper role, it can become a useful tool for serving God, caring for our families, and blessing others. So, what does a biblical approach to money look like? Money Is a Gift to Receive With Gratitude The Bible speaks frequently about wealth, possessions, generosity, and stewardship. One of its clearest principles is that money is not the goal. It is a resource entrusted to us by God. Ecclesiastes 5:19 says: “Everyone also to whom God has given wealth and possessions and power to enjoy them…this is the gift of God.” God is not opposed to provision or the appropriate enjoyment of what He provides. His gifts should be received with gratitude rather than guilt. We see a picture of God's abundant provision when Jesus feeds the five thousand in Matthew 14. Christ not only meets the immediate needs of the crowd, but the disciples also collect twelve baskets of leftovers. The point is not indulgence or excess. It is that God is a generous provider who delights in caring for His people. Everything we possess ultimately comes from Him. Recognizing that truth allows us to enjoy His provision without believing we own it independently of Him. Money Reveals What We Trust Although money can be a gift, it also carries spiritual significance because it reveals the condition of our hearts. 1 Timothy 6:10 warns that “the love of money is a root of all kinds of evils.” Paul does not say that money itself is evil. The danger arises when we love money or look to it for something only God can provide. Money cannot give us lasting security, establish our identity, or bring genuine peace. When we expect it to do those things, a useful tool begins to take the place of our faithful Provider. Every financial decision can reveal something about our trust. Our spending may expose what we value. Our saving may show whether we are preparing wisely or attempting to control an uncertain future. Our generosity may reveal whether we believe God will continue to provide. The question is not simply, “What am I doing with my money?” It is also, “What is my money doing to my heart?” Money Is Meant to Serve God's Purposes Ephesians 4:28 gives us a broader vision for our work and resources. Paul instructs believers to work honestly “so that he may have something to share with anyone in need.” We do not earn merely to accumulate. God enables us to work so that we can provide for our responsibilities, prepare wisely for the future, and share with others. That perspective transforms the purpose of our financial lives. Work becomes more than survival or personal advancement. It becomes one way we participate in God's generosity. Saving becomes thoughtful preparation rather than an attempt to eliminate every uncertainty. Investing can become an act of stewardship when it supports future responsibilities and generosity. This purpose often expresses itself through ordinary decisions: choosing to give even when the budget feels limited, avoiding unnecessary debt, setting aside money for future needs, or creating enough margin to respond when someone needs help. Those individual choices may feel small, but over time they shape both our finances and our hearts. Money becomes especially useful when it flows outward in service rather than being gathered inward as a source of identity or control. Money Must Remain a Servant When Jesus said we cannot serve both God and money, He was establishing the proper order of our allegiance. Money must remain a servant rather than becoming our master. In his sermon “The Use of Money,” John Wesley described money as a valuable gift when it is used in the hands of God's people. It can feed the hungry, provide clothing for those in need, and offer shelter to the traveler and stranger. That is a beautiful picture of money placed in its proper role. It is not worshiped, feared, or pursued as an end in itself. It is directed toward purposes that reflect God's love and generosity. Money may help us accomplish many good things, but it is never qualified to lead our lives. Only God deserves our trust, devotion, and obedience. Money Is Temporary, but Its Use Can Matter Eternally 1 Timothy 6:7 reminds us, “We brought nothing into the world, and we cannot take anything out of the world.” Every dollar we manage is temporary. Homes, accounts, investments, and possessions will eventually pass from our hands. Yet the way we use those temporary resources can have lasting significance. When we remember that money is temporary, we can begin to hold it more loosely. We can enjoy God's provision without being controlled by it. We can plan wisely without placing our hope in wealth. And we can give generously because we know that God—not our bank account—is our ultimate provider. Before your next decision about spending, saving, investing, or giving, consider asking a different question: Lord, how can this money serve You and others? Money is never the destination. It is simply a tool God places in our hands to accomplish purposes greater than ourselves. This is a central theme of Our Ultimate Treasure, a 21-day devotional designed to help you treat money as a tool rather than a treasure so that it can find its proper place in your life. You can order a copy—or copies for your church or small group—at FaithFi.com/Shop. On Today's Program, Rob Answers Listener Questions: My father gave me $75,000 after my mother passed away. My husband and I are nearing retirement with no emergency savings, about $140,000 in personal-loan debt from his failed business, plus a mortgage and car loan. We spend nearly $10,000 a month. After giving, should we use the money to build savings, pay down debt, or invest some of it? My husband and I are approaching 65, qualify for Social Security, and plan to keep working. I'm also eligible for a teacher pension. Should I claim Social Security now, delay it, or rely on my pension first? Would a Certified Kingdom Advisor® (CKA®) be the right person to help us evaluate our options? My father-in-law recently passed away, and I'm helping my mother-in-law with her finances. She has about $11,000 across six credit cards. Some issuers have offered to freeze the accounts and stop the interest while she repays them. Should she accept those arrangements or consolidate the balances into one loan? Her Social Security benefit is small, and my father-in-law's check has stopped. Could she qualify for a survivor benefit based on his record? Resources Mentioned: Faithful Steward: FaithFi's Quarterly Magazine (Become a FaithFi Partner) Christian Credit Counselors FaithFi Field Guide: How Much Money is Enough?  Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob West Wisdom Over Wealth: 12 Lessons from Ecclesiastes on Money Look At The Sparrows: A 21-Day Devotional on Financial Fear and Anxiety Rich Toward God: A Study on the Parable of the Rich Fool Find a Certified Kingdom Advisor® (CKA) FaithFi App Remember, you can call in to ask your questions every weekday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Think all energy-related companies are driven by the same market forces? It's time to rethink that view. We interviewed Brian Watson of Invesco's SteelPath team about the often-overlooked world of midstream energy infrastructure — the systems that help move, store, process, and export the oil and gas people rely on every day. We discussed why these companies may be less tied to oil prices than many investors assume, how rising demand for liquefied natural gas and reliable power is shaping the long-term opportunity, and how midstream businesses can offer potential income, real asset exposure, and a differentiated role in diversified portfolios. (Invesco Distributors, Inc.)

In this episode of The Circuit, hosts Ben Bajarin and Jay Goldberg break down a packed earnings week across the technology and semiconductor sectors, grouping major updates into key themes around mobile markets and AI infrastructure. They analyze softness in mobile demand alongside severe supply chain bottlenecks impacting Apple, Qualcomm, ARM, and MediaTek, highlighting how surging AI demand is squeezing capacity across foundry and memory partners. The hosts then dive into hyperscaler CapEx trends from Amazon, Microsoft, and Meta, evaluating the transition from AI training to inference, the rising adoption of behind-the-meter power solutions, and severe labor constraints in electrical trades. Finally, they address the growing reliance on debt financing for data center expansion and unpack the market mechanics behind recent stock volatility and hedge fund unwinds.

Palantir kicks off another packed earnings slate after the bell, while manufacturing data is in focus this morning. Attention will then shift to jobs data later in the week. Important Disclosures This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The {securities, investment products and investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions. For illustrative purpose(s) only. Investing involves risk, including loss of principal, and for some products and strategies, loss of more than your initial investment. Supporting documentation for any claims or statistical information is available upon request. Past performance is no guarantee of future results. Diversification and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party. Digital currencies [such as bitcoin] are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument. Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intended. Please read more about risks of trading cryptocurrency futures here. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed. Schwab does not recommend the use of technical analysis as a sole means of investment research. The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc. Apple Podcasts and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. Google Podcasts and the Google Podcasts logo are trademarks of Google LLC. Spotify and the Spotify logo are registered trademarks of Spotify AB. (0131-0826) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of Ohio Policy Talks, Anastasia and Veronica sit down with Lima Mayor Sharetta Smith to discuss how the city is taking a proactive approach to housing through its Build-Ready initiative. Mayor Smith shares what makes Lima unique, how housing demand and affordability pressures are affecting the community, and why the city saw an opportunity to make development easier and more predictable. The conversation also explores the connection between housing and economic development, the partnerships helping move this work forward, and what other Ohio communities can learn from Lima's approach. For REALTOR® members, this episode offers a practical look at how local governments can help remove barriers to housing development and support long-term community growth.Full Description / Show NotesHear from Lima Mayor Smith about what makes the city unique and how Lima is thinking about its future.Learn how housing demand and affordability pressures are showing up in Lima and why the city is taking a proactive approach.Dive into Lima's Build-Ready initiative and how the program is designed to make housing development easier to navigate.Explore why housing availability matters for economic development, workforce attraction, and long-term investment.Understand how partnerships with local leaders, developers, and community stakeholders are helping move the city's housing efforts forward.Discover what other Ohio communities can learn from Lima's approach to addressing housing needs.See why this conversation matters for REALTOR® members who are watching housing supply, local development, and community growth in their own markets.

Today, Evan looks at a few more questions confident investors should be able to answer: What is risk tolerance, and how much personal risk should you take in your investing journey? He explains how the balance between stocks and bonds — and between different types of stocks — affects the returns you might expect and the ups and downs you might experience along the way. Listen along as Evan explains why successful investing is not about putting money into the market and hoping for the best but building a portfolio you can feel confident about through the years because you're getting fairly compensated for the risk.   Want to cut through the myths about retirement income and learn evidence-based strategies backed by over a century of data? Download our free Retirement Income Guide now at paulwinkler.com/relax and take the stress out of planning your retirement.   This material is for general educational purposes only and is not personalized investment, financial, tax, or legal advice. Past performance does not guarantee future results. Nothing here is an offer, solicitation, or recommendation for any security or strategy. All financial decisions involve risk, and you should consult qualified professionals before acting on this information. Advisory services offered through Paul Winkler, Inc., an SEC-registered investment adviser. 

Interview with Drew Clark, President and CEO, Summit RoyaltiesOur previous interview: https://www.cruxinvestor.com/posts/summit-royalties-tsxvsum-targets-15m-revenue-run-rate-with-new-gold-streams-by-2028-10897Recording date: 28th July 2026Summit Royalties has added a new financing tool to a growth strategy that, until now, has relied almost entirely on equity. On July 27, the company announced a credit agreement with National Bank of Canada for a revolving facility with an initial US$25 million commitment, alongside an accordion feature providing for an additional US$25 million on the same terms — for total potential availability of US$50 million. The facility carries a three-year initial tenor, interest priced off SOFR or CORRA plus a leverage-dependent spread of 2.50% to 4.00%, and standard covenants including net leverage, interest coverage, and minimum liquidity requirements.Speaking to Crux Investor's Matt Gordon the day after the announcement, President and CEO Drew Clark was direct about what the debt is for and, just as importantly, what it isn't for. Summit's stated discipline is to use debt only against assets that will generate cash flow within three to five years — a narrower standard than the one that has applied to some of Summit's equity-funded acquisitions, including its recently closed purchase of Star Royalties, which added the Copperstone gold stream in Arizona to Summit's portfolio.Clark also used the interview to correct an earlier public framing of Summit's acquisition discipline. He clarified that roughly $250 million worth of transactions were rejected because Summit's own bids came in below sellers' clearing prices — for example, bidding $65 million on an asset that ultimately cleared at $80 million — rather than Summit walking away from opportunities that met its criteria. It's a useful clarification for investors trying to gauge how aggressively management is actually competing for assets versus how selectively it is declining them.On current market conditions, Clark described deal-making as comparatively easier than during the recent gold price peak, since the gap between long-term and spot pricing has narrowed. He flagged tungsten streams as a specific area of emerging opportunity alongside Summit's core precious metals focus, and noted that Summit is evaluating opportunities as both an acquirer and a potential acquisition target within the sector's ongoing consolidation.The most concrete disclosure for investors may be management's own valuation framework. Clark said the internal belief is that once Summit's revenue reaches somewhere between $20 million and $30 million annually, the company should re-rate toward 1 to 1.2 times NAV — in line with royalty peers — and toward 15-20 times revenue, versus a current multiple he characterised as below 10 times and a NAV multiple around 0.6 times. Management continues to target a production run rate of roughly 4,000 gold-equivalent ounces by the end of 2028 as the operational catalyst behind that thesis.Learn more: https://www.cruxinvestor.com/companies/summit-royaltiesSign up for Crux Investor: https://cruxinvestor.com

Interview with Chris Eger, CEO & Managing Director of Resolute Mining.Our previous interview: https://www.cruxinvestor.com/posts/resolute-mining-lsersg-gold-turnaround-reaches-inflection-point-5324Recording date: 30th July 2026Resolute Mining is executing a multi-year transformation from a single-jurisdiction Mali gold producer into a diversified, four-country West African miner, and CEO Chris Eger's message to investors is that the market hasn't yet caught up with the progress made in 2026.The near-term production base remains Syama (Mali) and Mako (Senegal), guided to a combined 250,000-275,000oz in 2026 at an AISC of $2,000-2,200/oz. Syama is completing a sulphide conversion project this year that lifts processing capacity to 4.0Mtpa, while Mako is bridging toward its next production phase via satellite deposits at Tomboronkoto and Bantaco, expected to extend that operation's life to 2033.The growth story sits in Côte d'Ivoire. Doropo, acquired from AngloGold Ashanti in 2025, is now under construction and tracking toward first gold in H2 2028. At a US$4,000/oz gold price, the project's post-tax NPV is US$2,543 million with a 72% IRR and a 1.1-year payback — economics that look, on paper, difficult to ignore. Construction is well underway: 74 hectares cleared, 20km of access roads built, and key long-lead equipment packages awarded. Reserves of 2.5 million ounces sit within a 4.4 million ounce resource base that Eger expects to grow toward 3.5-4 million ounces of reserves over time.A second Côte d'Ivoire asset, the ABC project, saw its inferred resource expanded to over 3.0 million ounces in July 2026, up from 2.2 million ounces, following an aggressive 31,000m drill programme. Management is positioning ABC as Resolute's potential fourth mine, targeting feasibility study completion by the end of 2027.Financially, the company is in a strong position to fund this pipeline without near-term equity dilution: $317 million in net cash, $426 million in available liquidity, and freshly secured local bank facilities of $155 million (with $105 million more expected) to supplement Doropo's construction financing.The key risk factor, and the one Eger addressed most directly, is Mali's evolving fiscal and security environment. Royalty rates have risen materially since 2024, shifting the government-operator cash split from roughly 50/50 toward 60-65% in the government's favour, a trend Eger frames as a broader African pattern rather than Mali-specific resource nationalism. Security incidents in late 2025 and April 2026 disrupted operations temporarily, though Eger describes the situation as improving as of his most recent site visit.Valuation-wise, Resolute trades at the bottom of its West African peer group: 0.4x P/NAV, US$172/oz on reserves and US$63/oz on resources, all below the peer averages and, in several cases, the lowest in the comparable set. Management's thesis is straightforward: as Doropo comes online and the portfolio's geographic concentration in Mali falls from its current ~60% share of value, the valuation discount should narrow. For investors, the catalysts to watch over the next 12-18 months are Doropo construction milestones, ABC's feasibility progression, and any further developments in Mali's fiscal or security environment.Learn more: https://www.cruxinvestor.com/companies/resolute-miningSign up for Crux Investor: https://cruxinvestor.com

Interview with Jonathan Egilo, CEO, Axo MetalsOur previous interview: https://www.cruxinvestor.com/posts/axo-metals-tsxvaxo-brownfield-gold-restart-in-mexico-gains-momentum-ahead-of-september-pea-10759Recording date: 28th July 2026Axo Metals Corp. (TSXV:AXO) has removed the largest single risk on its San Antonio gold project's development timeline. On 27 July, Mexico's SEMARNAT approved the project's Environmental Impact Statement (MIA) - the primary permit required to build and operate the mine - roughly six months after Axo filed the application in January. That is well inside the one-year timeline management had originally guided investors to expect, and covers all of San Antonio's deposits (Sapuchi, Golfo de Oro and California) and existing infrastructure in a single approval.One administrative step remains: the Change of Use of Soils (CUS), a tree-clearing authorisation submitted earlier this year and expected to clear by year-end. It only affects mining at the three pits themselves - the project's existing carbon-in-column plant, crusher, stockpiles and camp are already fully permitted, meaning Axo can move toward stockpile reprocessing without waiting on it.With the MIA in hand, management has reallocated its drilling programme. Two of Axo's three active rigs - running a combined 3,000 metres a month - are now testing ground roughly 500 metres outside the current resource boundary, up from a programme previously weighted toward infill. That infill work is itself producing encouraging results: several holes have converted material previously modelled as waste into ore-grade intercepts, including 27.9 metres at 0.43 g/t gold roughly 100 metres from the nearest modelled ore domain.The company is also pushing back its Preliminary Economic Assessment by roughly two months from its original September target. Rather than publish a study anchored to San Antonio's pre-acquisition 2021 resource, management wants to fold in an updated estimate built on a full year of new drilling - meaning the PEA that eventually lands should reflect a materially different resource than the one the company inherited. A dedicated step-out and expansion drilling update is planned for September, separate from ongoing Sapuchi infill news flow, and will include first results from the high-grade El Tigre target, where channel sampling has already returned intercepts including 68.6 metres at 1.11 g/t gold.On capital allocation, Axo's $40 million February financing was earmarked specifically for San Antonio, and management has confirmed it is deliberately deprioritising near-term spending at La Huerta, its copper discovery in Jalisco, in favour of pushing San Antonio toward a construction decision. The company is also beginning to add Mexican open-pit, heap-leach construction personnel ahead of an expected full build phase at Sapuchi next year - a staffing transition modelled on sister company Silver Tiger's own shift from exploration to construction.As of the company's most recent investor materials (June 2026, pre-dating the permit approval), Axo carried roughly C$36.6 million in cash against a C$183.8 million market capitalisation and C$147.5 million enterprise value. For investors, the two nearest-term catalysts are the September drilling update and the revised PEA - both of which should offer the clearest test yet of whether San Antonio's resource is as substantially larger than its current 1.1 million ounces as management believes.Learn more: https://www.cruxinvestor.com/companies/axo-metals-corpSign up for Crux Investor: https://cruxinvestor.com

Joanna Nathan, CEO and co-founder of Prana Surgical, adjunct professor at Rice University and a former MedTech investor who spent years at the J&J MedTech Center for Device Innovation before crossing over into building herself. Her company recently secured FDA clearance for the Prana System, a tissue-sparing platform rethinking how early stage lung cancer is diagnosed and treated.In this episode, Joanna shares the deeply personal story behind her move from investing back into operating, having lost her four year old son in 2021 and wanting proximity to patient impact rather than evaluating innovation from the sidelines. It is an honest and moving conversation about what actually drives someone to take on a decade-long mission.We get into what she learned watching hundreds of pitches from the investor seat, why a no is very often about portfolio construction and timing rather than the quality of your idea, and why a fundraising pitch is a vision document backed by evidence rather than a journal article. Joanna then breaks down the problem Prana is solving, why removing large portions of lung for a tiny early stage nodule is no longer justifiable and how the system is right-sized for the level of risk these smaller lesions present.We also explore the changing face of lung cancer, the rise of never smokers now approaching one in three patients, why the disease is getting younger and more female, the role of mobile screening in rural areas and where AI genuinely helps rather than replaces clinical judgement. Joanna closes with hard-won advice for anyone thinking about founding a company and why community is what carries you through.Timestamps[00:01:38] From Research to Investing to Building: The Path Back to Operating[00:03:33] Why a No From an Investor Is Rarely About Your Idea[00:05:29] Why a Pitch Is a Vision Document Not a Journal Article[00:07:16] The Problem With Early Stage Lung Cancer Surgery Today[00:09:22] The Rise of Never Smokers and a Disease That Is Changing Fast[00:11:03] Why Women Under 50 Now Face Higher Lung Cancer Rates[00:13:18] Getting Creative on Access: Mobile CT Screening in Rural Areas[00:17:21] AI in MedTech: Assisting Clinical Judgement Not Replacing It[00:19:22] How Houston Became an Unlikely MedTech Powerhouse[00:24:06] Who Should Not Become a Founder and the Decade-Long QuestionConnect with Joanna - ⁠linkedin.com/in/joannacnathan/Learn more about Prana Surgical - https://www.pranasurgical.com/Get in touch with Karandeep Badwal - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/karandeepbadwal/ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Follow Karandeep on YouTube - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.youtube.com/@KarandeepBadwal⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Medical device training courses delivered by Karandeep through Bywater - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.bywater.co.uk/

Barak Bussel is one of the few people operating simultaneously at three levels of the quantum stack: deploying private capital into hardware and software companies through 7i Capital, chairing the strategic board of a major university quantum center, and helping stand up the physical infrastructure — a 700,000 square foot research park on the site of the former Westside Pavilion — meant to convene academia, industry, national labs, and startups in one place. He is also a physicist by training, which changes the kind of diligence questions he asks.We recorded this at the KPMG Tech and Innovation Symposium in Deer Valley, only weeks after the most consequential stretch of quantum news in years: Oratomic's $300M Series A (the largest first institutional round in quantum history, with 7i in the syndicate), a Google Quantum AI paper cutting Shor's algorithm resource estimates to around 500,000 physical qubits on superconducting hardware, and two June 2026 White House executive orders on quantum innovation and post-quantum cryptography. If you want to understand how a serious investor is actually pricing risk, timelines, and ecosystem-building in this moment, this is the conversation.What We Get IntoWhy 7i backed Oratomic's aggressive "no intermediate product, straight to fault tolerance" strategy, and how Barak thinks about betting on teams versus theses in deep techHow recent architecture and QLDPC error correction advances have compressed physical-to-logical qubit ratios, and what that means for near-term resource estimates for Shor's algorithmWhy a lesser-noticed April 2026 Google Quantum AI paper on quantum-assisted memory reduction for classical AI workloads may matter as much as the Shor's-focused headlinesWhat "patient capital" actually looks like when a connector problem eats two years of a portfolio company's roadmapThe Bell Labs template as a serious operating model for the UCLA Research Park: convening academia, industry, government, and startups in a single physical footprintThe historical resonance of UCLA sending the first ARPANET packet in 1969 and what that suggests about where quantum networking work should be anchoredHow Kedma's error mitigation work with IBM's Heron II and RIKEN pushed a 51-qubit Ising model simulation to the edge of what's classically tractableHow Barak reads the June 2026 executive orders and the federal role — enabling infrastructure rather than picking winners — against the scale of Chinese government fundingResources & LinksGuest & OrganizationsBarak Bussel bio — UCLA CQSE Strategic Board — Official page covering Barak's role as Board Chair and his physics and venture background.7i Capital — Barak's deep tech venture firm, investing across quantum, AI, semiconductors, cybersecurity, robotics, clean energy, and space.UCLA Center for Quantum Science and Engineering (CQSE) — The multidisciplinary center Barak chairs, spanning physics and engineering research.Barak Bussel on LinkedIn — Where Barak has publicly flagged the Oratomic investment and the June 2026 executive orders.The Oratomic Round and Recent BreakthroughsOratomic raises $300M Series A — The Quantum Insider — Confirms 7i Capital in the syndicate for the largest-ever first institutional round in quantum computing.Oratomic Series A deep dive — Quantum Computing Report — Technical breakdown of the reconfigurable neutral-atom architecture and full investor syndicate.Oratomic's "no intermediate product" strategy — MLQ.ai — Analysis of Oratomic's bet against the QuEra/Pasqal early-revenue playbook.QEDMA raises $26M Series A — Quantum Zeitgeist — 7i portfolio company Kedma's error mitigation round with IBM participation, referenced in Barak's Ising model results.Policy and Market ContextWhite House EO: "Ushering in the Next Frontier of Quantum Innovation" — One of the two June 22, 2026 executive orders Barak discusses.Sidley Austin analysis of the June 2026 quantum EOs — Legal explainer covering both the innovation EO and the post-quantum cryptography mandate.Cloudflare on the accelerated post-quantum timeline — Notes that Q-Day estimates have moved in response to Google and Oratomic breakthroughs.PitchBook Q2 2026 Quantum Computing Funding Report — Record 2025 VC totals and Q1 2026 liquidity data relevant to Barak's exit thesis.UCLA Research Park and Regional EcosystemUCLA launches SoCal Quantum Alliance — The regional coalition Barak references, with founding members including Caltech, JPL, Boeing, IBM, and Cisco.Quantum Innovation Hub at the UCLA Research Park — Preview of the 40,000 square foot lab space and the broader research park vision Barak describes.Quantum Innovation Hub Director appointment — Prof. Jason Petta named to lead the QIH, one of the founding anchors of the research park.Key Quotes & InsightsOn patient capital in hardware: "You're producing a new chip… all of a sudden a year and a half has passed." Barak's example of a photonics company that spent two years solving a flex connector problem is a useful ground truth for anyone modeling quantum hardware timelines.On the role of universities: Industry has scale — the ability to throw 500 engineers at a problem. Academia brings "the quiet depth to think very deeply about a problem over an extended period of time, two or three generations ahead."On resource estimates: The gap between the original 20-million-qubit Shor's estimates and the recent Google Quantum AI paper suggesting ~500,000 physical qubits on superconducting hardware, plus Oratomic's neutral-atom approach at the ten-thousand-qubit scale, represents a genuine compression of the fault-tolerance horizon.On the underappreciated Google paper: An April 8 paper on using quantum processors to reduce memory requirements for massive classical data sets is, in Barak's view, the first rigorous demonstration that quantum could bend the exponential curve of AI compute demand.On government's role: "Typically in the U.S., government is not the best at picking the winners and losers in the marketplace. But it's great at enabling." The El Segund...

Investors hoping August will bring a summer lull may be disappointed. Michel Dilmanian, Portfolio Strategist at the BlackRock Investment Institute, explains why a world shaped by supply is keeping pressure on long-term yields and creating opportunities to build durable income. General disclosure: This material is intended for information purposes only, and does not constitute investment advice, a recommendation or an offer or solicitation to purchase or sell any securities, funds or strategies to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. The opinions expressed are as of the date of publication and are subject to change without notice. Reliance upon information in this material is at the sole discretion of the reader. Investing involves risks. BlackRock does and may seek to do business with companies covered in this podcast. As a result, readers should be aware that the firm may have a conflict of interest that could affect the objectivity of this podcast.In the U.S. and Canada, this material is intended for public distribution.In the UK and Non-European Economic Area (EEA) countries: this is Issued by BlackRock Investment Management (UK) Limited, authorised and regulated by the Financial Conduct Authority. Registered office: 12 Throgmorton Avenue, London, EC2N 2DL. Tel:+ 44 (0)20 7743 3000. Registered in England and Wales No. 02020394. For your protection telephone calls are usually recorded. Please refer to the Financial Conduct Authority website for a list of authorised activities conducted by BlackRock.In the European Economic Area (EEA): this is Issued by BlackRock (Netherlands) B.V. is authorised and regulated by the Netherlands Authority for the Financial Markets. Registered office Amstelplein 1, 1096 HA, Amsterdam, Tel: 020 – 549 5200, Tel: 31-20- 549-5200. Trade Register No. 17068311 For your protection telephone calls are usually recorded.For Investors in Switzerland: This document is marketing material.In South Africa: Please be advised that BlackRock Investment Management (UK) Limited is an authorised Financial Services provider with the South African Financial Services Board, FSP No. 43288.In Singapore, this is issued by BlackRock (Singapore) Limited (Co. registration no. 200010143N). This advertisement or publication has not been reviewed by the Monetary Authority of Singapore. In Hong Kong, this material is issued by BlackRock Asset Management North Asia Limited and has not been reviewed by the Securities and Futures Commission of Hong Kong. In Australia, issued by BlackRock Investment Management (Australia) Limited ABN 13 006 165 975, AFSL 230 523 (BIMAL). This material provides general information only and does not take into account your individual objectives, financial situation, needs or circumstances. Before making any investment decision, you should assess whether the material is appropriate for you and obtain financial advice tailored to you having regard to your individual objectives, financial situation, needs and circumstances. Refer to BIMAL's Financial Services Guide on its website for more information. This material is not a financial product recommendation or an offer or solicitation with respect to the purchase or sale of any financial product in any jurisdictionIn Latin America: this material is for educational purposes only and does not constitute investment advice nor an offer or solicitation to sell or a solicitation of an offer to buy any shares of any Fund (nor shall any such shares be offered or sold to any person) in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities law of that jurisdiction. If any funds are mentioned or inferred to in this material, it is possible that some or all of the funds may not have been registered with the securities regulator of Argentina, Brazil, Chile, Colombia, Mexico, Panama, Peru, Uruguay or any other securities regulator in any Latin American country and thus might not be publicly offered within any such country. The securities regulators of such countries have not confirmed the accuracy of any information contained herein. The provision of investment management and investment advisory services is a regulated activity in Mexico thus is subject to strict rules. For more information on the Investment Advisory Services offered by BlackRock Mexico please refer to the Investment Services Guide available at www.blackrock.com/mx©2026 BlackRock, Inc. All Rights Reserved. BLACKROCK is a registered trademark of BlackRock, Inc. All other trademarks are those of their respective owners.BII0726-5803751-EXP0727

Oil prices slump after President Trump announces new Iran talks are imminent, citing pressure from Gulf allies to hold off on a massive round of airstrikes. European and U.S. futures are in the green ahead of the first trading session of August. In Japan, the yen stabilises after U.S. and Japanese authorities confirm joint market intervention. Reports emerge of a $400bn mega-merger between AstraZeneca and Bristol Myers-Squibb which would potentially be one of the largest deals in the pharma sector ever. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What actually makes a bank a bank? New Zealand is overhauling the way our banking system is regulated, meaning that more organisations may soon be able to call themselves a "bank", while new deposit insurance gives you peace of mind. University of Auckland finance expert Chanelle Duley explains why more competition isn't always straightforward, what to look for when you choose where to put your money, and how regulation and technology could reshape banking over the next decade. This is a bonus clip recorded for our episode: Blurring the lines of bankingShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website. Investing involves risk. You might lose the money you start with. If you require financial advice, you should consider speaking with a qualified financial advisor. Past performance is not a guarantee of future performance. Appearance on Shared Lunch is not an endorsement by Sharesies of the views of the presenters, guests, or the entities they represent. Their views are their own.See omnystudio.com/listener for privacy information.

Disputes arising out of construction and infrastructure joint-venture projects This podcast explores the rising complexity of disputes in infrastructure joint ventures and the key issues that drive them. With large-scale, long-term projects bringing together multiple parties, the potential for disagreement is inherent. In this episode, we discuss: 1) why infrastructure joint ventures are particularly prone to complex disputes, given their scale, duration, capital intensity and the interdependence of responsibilities; 2) the most common areas of contention, including funding and capital calls, governance and deadlock, exit and valuation, as well as downstream construction disputes involving scope changes, cost overruns and the relationship between JV entities and their participants; and 3) key takeaways for C-suite executives and lawyers. 本期我们专注基础设施合资企业中日益复杂的争议问题及其主要成因。大型、长期的基础设施项目汇集了多方参与者，分歧的产生在所难免。在本期节目中，我们将围绕以下三个方面展开讨论：1）首先，我们将分析为何基础设施合资企业特别容易引发复杂争议，包括项目规模大、周期长、资本密集以及各方责任高度交织等因素 ；2）其次，我们将探讨最常见的争议领域，涵盖出资与增资催缴、治理与僵局、退出与估值，以及涉及范围变更、成本超支和合资实体与参与方之间关系的下游施工争议 ；3）最后，我们将为企业高管和法律从业者提供关键建议。

Every previous Bitcoin peak was followed by a crash of 77 to 85 percent. This cycle Bitcoin dropped 50 percent and stopped. Either the rules just changed or the bottom is not in yet. This episode is the honest answer to which one it is.In this episode you will discover:How the four year halving cycle actually works and why it has predicted every Bitcoin crash and recovery since 2012 with near perfect accuracyWhat happened differently this cycle why Bitcoin only dropped 50 percent from its $126K peak instead of the 77 to 85 percent crashes that followed every previous halvingWhy $128 billion in institutional ETF money may have permanently changed how deep Bitcoin's bear markets go and what that means for where we are right nowThe honest answer to whether the cycle is broken or just maturing and what serious Bitcoin holders should actually do with that informationI built a free calculator that shows exactly what consistent monthly Bitcoin investing could do to your wealth over 5, 10 or 20 years. It's called the Steady Stack Calculator — punch in what you can afford to put in each month and see what the numbers actually look like at the other end. Most people are genuinely surprised. You can also download the 10 Bitcoin Mistakes to Avoid document completely free at the same link.Steady Stack Calculator and 10 Bitcoin Mistakes Document — click here to grab both for freeHit follow, so you never miss the latest insights on money, finance, invest and build wealth - plus clear guidance on cryptocurrency, Bitcoin, and Bit Coin for today's serious investors.

Send us Fan MailMost investors think real estate wealth comes from one place: buy, wait, sell. But what if a single property could generate wealth in eight different ways…sometimes simultaneously?Nicole picks up where the investor mindset conversation left off, this time diving deep into the eight profit centers that transform an ordinary property into a multi-layered wealth-building machine. Nicole uses the science of snowflake formation to illustrate how every investor's wealth journey is shaped by unique choices, timing, and strategy.Through three memorable investor archetypes; Discount Dan, Renovating Rita, and legacy builders John and Sarah, listeners learn to evaluate any property through multiple strategic lenses. Whether you're a first-time investor or a seasoned buyer, this episode will permanently change how you read a listing.Listen For6:06 How does buying below market value create instant equity before renovations begin?8:10 What is leverage, and how can it multiply your returns without multiplying your risk?10:49 How do cash flow and mortgage paydown quietly build long-term family wealth?19:01 What are tax advantages and refinancing — and how do they complete the wealth cycle?  Leave a rating for this podcast with one click here Contact Nicole LopezReal Estate AgentRoyal LePage Credit Valley Real Estate, BrokerageEmail | Website 

Saying Goodbye to JCD. The first test of the Fed Chair – with a miserable outcome. Some eye popping moves. An update on the meniscus repair. And our guest this week – Christoper Whalen – Publisher of The Institutional Risk Analyst  NEW! DOWNLOAD THE AI GENERATED SHOW NOTES Christopher Whalen is one of America’s best-known independent banking analysts and financial historians. He is Chairman of Whalen Global Advisors and publisher of The Institutional Risk Analyst, where he analyzes banks, credit markets, housing finance, and financial regulation. Chris has spent decades studying the U.S. financial system from both the public and private sectors and is the author of Inflated: Money, Debt and the American Dream. His market commentary is widely followed because he’s willing to challenge conventional thinking—and often does so well before consensus catches up. Chris recently became a brand ambassador for Monetary Metals, a company whose approach to making physical gold a productive asset aligns with views he’s held for years about the role of gold in a portfolio.  Follow @rcwhalen Check this out and find out more at: http://www.interactivebrokers.com/ Follow @andrewhorowitz Looking for style diversification? More information on the TDI Managed Growth Strategy – HERE Stocks mentioned in this episode: (MSFT), (TLT), (META), (INTC), (AMZN)

Aug 3, 2026 – Missing a single deadline can trigger a 25% tax penalty, and most retirees do not realize how many ways an RMD can quietly reshape their finances. Brendan McMurtrie sits down with Ryan Puplava to break down required minimum distributions under SECURE Act 2.0...

Together, with all of us engaged in the great work of God, we can see the faith of the next generation grow and flourish.Find out more about NewSpring Church in Wichita, Kansas, at newspring.org.

The US is at war, but do you know what else is at war?  Technicals vs Fundamentals -- in a way I've never seen it before.  We go over the game board and try and figure out just how we should be looking at it all, in Episode 266.   The ByBit Blog - https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/   The ApeX Omni Blog (US/Privacy Friendly) - https://nononsenseforex.com/top-defi-trading-platform-apex-omni/   Blueberry Markets Blog (Top FX Broker) - https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/   Get a Discount On Any Trading View Package - https://www.tradingview.com/?aff_id=159841   The Old Blog Has Moved to My New Free Substack - https://thecontrarianinvestorblog.substack.com/p/what-to-expect-and-what-not-to?r=16orow   Follow VP on Twitter https://twitter.com/This_Is_VP4X   Check out my Forex trading material too! https://nononsenseforex.com/   The host of this podcast is not a licensed financial advisor, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Investing involves risk.  Losses can exceed deposits. We are not taking requests for episode topics at this time.  Thank you for understanding.

This week's podcast is about rising robot companies that I have found compelling. That have clear use cases that scale. And that have indications of competitive advantages. They are:AgiBot (discussed in last podcast)GalbotBooster RoboticsDEEP RoboticsYou can listen to this podcast here, which has the slides and graphics mentioned. Also available at iTunes and Google Podcasts.Here is the link to the TechMoat Consulting.Here is the link to our Tech Tours. ----------I am a consultant & keynote speaker on how to increase digital growth and strengthen digital AI moats.I am the founder of TechMoat Consulting, a consulting firm specialized in increasing digital growth and strengthening digital AI moats. Get in contact here.I write (a lot) about digital growth and digital AI strategy (3 best selling books, +2.9M followers on LinkedIn). There is a free book and email newsletter below.My Moats and Marathons book series is a framework for building and measuring competitive advantages in digital businesses.This content (articles, podcasts, website info) is not investment, legal or tax advice. The information and opinions from me and any guests may be incorrect. The numbers and information may be wrong. The views expressed may no longer be relevant or accurate. This is not investment advice. Investing is risky. Do your own research.Support the show

This episode covers the Naavik Digest newsletter published on Sunday, August 2nd. In this week's issue, we discuss the decline of platform-led gaming in China through the lens of Alibaba's likely sale of Lingxi Games, the studio behind Three Kingdoms Tactics.You can read the newsletter (with even more sections and visual detail) here: https://www.naavik.co/digest/the-structural-failure-of-platform-led-gaming-in-chinaMeet with Naavik at Gamescom: https://naavik.typeform.com/to/qE3Yw6pa?typeform-source=www.dropbox.com Want to explore working with Naavik? Shoot us a note: https://naavik.co/contact-us/ Let us know what you think by sending us a note at podcast@naavik.co.Watch our episodes: YouTube ChannelFor more episodes and details: Podcast WebsiteFree newsletter: Naavik DigestFollow us: Twitter | LinkedIn | WebsiteSound design by Gavin Mc Cabe

I used the Simply Safe Dividends stock screener to find dividend stocks with yields of 4% or higher, safe dividends, low valuations, and strong returns on capital. Five companies made the cut: Watsco (WSO), Paychex (PAYX), Amdocs (DOX), PepsiCo (PEP), and T. Rowe Price (TROW). For each one, I explain in plain English why the stock is down, what the business actually does, and what I would want to see before buying it. I also show why a high dividend yield is not free money — yield rises when the price falls, so screening for high yields means finding companies the market is worried about. At the end, I reveal my full $730,000 dividend portfolio.Special Offer - One FREE Month of Simply Safe Dividends... no credit card required! ⁠⁠⁠⁠⁠Click HERE!⁠⁠⁠⁠⁠⁠⁠Hartford Funds Power of Dividends study⁠⁠

Interview with Mike Sieb, President & Director of Getchell Gold Corp.Our previous interview: https://www.cruxinvestor.com/posts/getchell-gold-csegtch-low-cost-117000-oz-pa-with-105-year-life-of-mine-7731Recording date: 30th July 2026Getchell Gold Corp (CSE:GTCH) released a 2026 Preliminary Economic Assessment on its flagship Fondaway Canyon Gold Project in Nevada, marking the company's advancement toward a prefeasibility study. The PEA, prepared by SLR Consulting, is limited to the open-pit mineral resources in the project's Central Area.The updated 2026 Mineral Resource Estimate shows 999,000 ounces indicated (22.1 million tonnes at 1.40 g/t Au) and 1.812 million ounces inferred (45.6 million tonnes at 1.24 g/t Au) - a 21% global increase over the 2024 estimate, driven by a targeted ten-hole 2025 drill programme. Indicated resources grew 54% and inferred resources grew 8%. Mineralisation remains open for expansion along strike and dip across multiple sections of the roughly four-kilometre-long Fondaway Canyon gold corridor.The PEA contemplates a conventional open-pit mine feeding a 12,000 tonne-per-day mill - up from an earlier 8,000 tpd concept - over an initial 10.1-year mine life, producing 1.52 million ounces of gold (150,000 oz/year average) via a flotation concentrate sold to a third-party refinery. At a base-case gold price of $3,200/oz, which management describes as conservative relative to current spot, the project shows a pre-tax NPV8% of $1,004 million and after-tax NPV8% of $905 million, a pre-tax IRR of 58.8% (53.1% after-tax), and payback of 1.5 years pre-tax (2.0 years after-tax). Total initial capital cost is $265.3 million including a 20% contingency and life-of-mine cash costs are estimated at $1,740/oz.Despite these economics, Getchell's market capitalisation sits at roughly CA$46 million on 202.6 million shares outstanding. President Mike Sieb attributed a significant portion of that gap to an unresolved third-party claims dispute, in which an outside party has challenged Getchell's title to certain claims despite the company's position that its core claims have been valid and in good standing for 70-75 years, making it the senior claim holder. Management declined to discuss case specifics given ongoing litigation.To fund continued drilling and prefeasibility work - which will focus on converting inferred resources to indicated, along with metallurgical, hydrogeological, and geotechnical studies - management pointed to roughly 50.9 million in-the-money warrants (weighted average exercise price $0.19) that could deliver $2.5-10 million over the next 12 months, alongside 20% insider ownership on a partially diluted basis.Near-term catalysts include a Plan of Operations filing with the Bureau of Land Management targeted for year-end 2026, continued drill results, and progress toward a prefeasibility study expected within approximately two years. The company's low relative capital intensity gives it flexibility to either self-fund toward development or entertain a strategic partner.Learn more: https://cruxinvestor.com/companies/getchell-gold-corpSign up for Crux Investor: https://cruxinvestor.com

With Mark Selby, CEO of Canada NickelIngo Hofmaier, CFO of LIfezone MetalsRecording date: 30th July 2026Indonesia has fundamentally shifted its nickel strategy—from flooding global markets to actively managing supply through royalties, quotas, and pricing formulas since late 2025. Executives from Canada Nickel and Lifezone Metals describe this as a structural change, not a temporary adjustment. They argue that the era of nickel priced under $15,000 per tonne is over, with $18,000–$19,000 now representing Indonesia's break-even and preferred operating range.Physical supply constraints are compounding policy-driven discipline. Indonesian ore grades fell about 8% last year and are expected to drop another 4–5% this year. Meanwhile, mixed hydroxide precipitate (MHP) production has slumped roughly 37% from its September 2025 peak, largely due to sulphur import bottlenecks tied to geopolitical tensions around the Strait of Hormuz.On the demand side, the market continues to overemphasize electric vehicle batteries while underestimating stainless steel, which accounts for the bulk of nickel consumption and is growing steadily at 4.6–4.8% annually. Both executives contend that consensus forecasts around 3% annual demand growth lag real trends, which have averaged nearly 7% since 2019.Canada Nickel's Crawford project in Ontario recently secured a federal Decision Statement, clearing its final major regulatory hurdle. The company now focuses on closing the last 10–20% of its financing package, with a construction decision targeted for 2027. Strategic investors include Anglo American, Agnico Eagle, Samsung SDI, and the Taykwa Tagamou Nation.Lifezone Metals is advancing its high-grade Kabanga project in Tanzania, where nickel grades exceed 2%, supported by copper, cobalt, and silver byproducts. With over $800 million of its $930 million capex already tendered and $37 million in cash on hand, Lifezone seeks to finalize equity financing ahead of a Final Investment Decision. Construction could begin within two to three years thereafter.Together, these developments signal a tighter, more disciplined nickel market—one where Western sulphide projects may finally find viable economic footing.Sign up for Crux Investor: https://cruxinvestor.com

On this week's Week in Review, Dave Spano and Dr. Brian Jacobsen unpack a market-moving week that proved investors are still hanging on every word from the Federal Reserve. While the Fed left interest rates unchanged, markets reacted sharply as investors parsed what Chair Powell said, and didn't say, about inflation, growth, and the path forward. Meanwhile, earnings season delivered a tale of two tech stories. Microsoft and Amazon validated the AI investment boom with blockbuster results, while Meta and Apple faced tougher scrutiny as investors questioned spending levels, growth expectations, and execution. Dave and Brian also cover the latest developments in oil prices, economic data, consumer behavior, and the earnings trends shaping markets. Plus, practical conversations on gifting money and a question that deserves more attention: when should retirement planning really begin? The answer may be sooner than you think.

Today I'm sitting down with Raffi Isanians, a former BigLaw M&A lawyer (with experience at Kirkland & Ellis, Gunderson, and Goodwin), Y Combinator alum, and founder of Mage Legal.Mage Legal helps law firms and in-house legal teams automate legal due diligence by scanning data rooms, flagging risky clauses, generating reports, and producing follow-up questionnaires. Alongside building Mage, Rafi runs Coding for Lawyers, an initiative that helps legal professionals develop technical skills to build with AI better.We talk about why AI won't replace human lawyers, but will radically alter how law firms operate, price, and compete.You'll hear fresh perspectives on why today's top law firms are becoming technology companies, why treating AI like a "smart associate" changes how you prompt, and what attorneys need to do now if they want to stay relevant in an AI-first world.Timestamps:00:00 — Intro02:08 — Why AI Won't Replace Lawyers (But Will Reshape Everything)03:40 — Why Lawyers Should Be Worried About Being Left Behind05:38 — The Newsletter06:10 — Overcoming Risk-Aversion & Investing in Tools09:29 — "Vibe Coding" & The Shift in Legal Mindset11:01 — AI-Native Law Firms: Recipe for Disaster or Future Necessity?13:24 — Case Study: Cleary Gottlieb & Cleary X14:08 — Debunking the Myth: Are Lawyers Training AI to Replace Them?18:16 — Prompting Best Practices: Treat AI Like a Smart Associate20:56 — Skills for the Future: Do Lawyers Need Technical Depth?22:52 — Over-Reliance on Legal Tech & Vendor Dynamics26:33 — How Legal Tech Companies Survive: Bridging Tech & Legal Expertise31:02 — What AI Can't Replace: Human Connection & Emotional Labor34:33 — Building the Law Firm of the Future39:09 — Outro---------Each week I take what I'm hearing in conversations with legal leaders.I analyze the market and track emerging trends in this AI era.In my newsletter called The Future Lawyer Market Intel for the AI eraI'm focused on:What AI is exposingThe opportunitiesThe blind spotsAnd the shifts shaping the next five years.This is how you see the chessboard before everyone else does:https://hollycope.my.canva.site/thefuturelawyer Hosted on Acast. See acast.com/privacy for more information.

El invitado de hoy vive de su cartera de inversión con 39 años. En este episodio explica cómo alcanzó la libertad financiera, cómo retira el dinero que necesita y cómo invierte un patrimonio que debe mantenerle durante más de 50 años.

Some of the greatest American heroes are people most of us have never heard of. In today's episode, Ryan talks with retired Brigadier General and military historian Ty Seidule about five remarkable Americans whose stories embody courage, sacrifice, service, and leadership. They also talk about why the people we choose to honor matter, what the renaming of military bases reveals about American history, and why telling the truth about the past does not mean giving up on greatness.Ty Seidule served in the U.S. Army for more than three decades, retiring as a brigadier general in 2020. He is a professor emeritus of history at West Point and served as vice chair of the Congressional Naming Commission, which was tasked with renaming Department of Defense assets that honored Confederates.Ty Seidule is the author of A Promise Delivered: Ten American Heroes and the Battle to Rename Our Nation's Military Bases and Robert E. Lee and Me: A Southerner's Reckoning with the Myth of the Lost Cause.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Balfour Fears.

Listen and subscribe to Money Making Conversations on iHeartRadio, Apple Podcasts, Spotify, www.moneymakingconversations.com/subscribe/ or wherever you listen to podcasts. New Money Making Conversations episodes drop daily. I want to alert you, so you don’t miss out on expert analysis and insider perspectives from my guests who provide tips that can help you uplift the community, improve your financial planning, motivation, or advice on how to be a successful entrepreneur. Keep winning! Money Making Conversations Master Class with Rushion McDonald is America's premier entrepreneurship, business leadership, financial literacy, and wealth-building podcast featuring successful entrepreneurs, executives, founders, celebrities, and industry experts sharing actionable insights for professional and financial success. Business Podcast Entrepreneurship Small Business Business Growth Financial Literacy Wealth Building Black Entrepreneurs Minority Business Leadership Executive Leadership Business Funding Marketing Strategies Personal Development Startup Advice Sales Training CEO Interviews Founder Stories Professional Development Economic Empowerment Business Success Networking Brand Building Innovation How to start a business Small business funding Entrepreneur success stories Business leadership podcast Wealth building strategies Black entrepreneur podcast Minority business development Marketing for small businesses Business growth strategies Startup funding opportunities Executive leadership training Financial literacy education Success mindset podcast Two-time Emmy and Three-time NAACP Image Award-winning, television Executive Producer Rushion McDonald interviewed Sonia Balfour Fears.

Bloomberg reports that Trump's tariffs are likely to stick around despite their unpopularity, signaling that businesses and investors need to treat elevated trade barriers as a structural feature of the economy — not a temporary headwind. We examine the long-term investment implications of a world where tariffs are the new normal.Today's Stocks & Topics: Carpenter Technology Corporation (CRS), Market Wrap, Boston Scientific Corporation (BSX), Boston Scientific Corporation (BSX), Leopold Aschenbrenner, Vertiv Holdings Co (VRT), Tariffs Are Here to Stay: How Permanent Trade Barriers Are Reshaping Long-Term Investing, Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, Return of Equity vs. Return of Assets, Fox Corporation (FOXA), iShares 20+ Year Treasury Bond ETF (TLT), The U.S. Treasury.Our Sponsors:* Check out Chilipad and use my code INVEST for a great deal: https://sleep.me* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands

Discover what it really takes to succeed in high-cost real estate markets. Sam Sadat and Dolf Al Emara share why some investors are willing to sacrifice cash flow for long-term appreciation, how value-add strategies, syndications, and wholesaling can create opportunities, and what new investors need to know before jumping into today's market. They also discuss the biggest mistakes to avoid, why due diligence matters, and how the right education can help you build lasting wealth through real estate.   Learn more about investing in turn key rental properties at RealWealthShow.com.    DISCLAIMER The views and opinions expressed in this podcast are provided for informational purposes only, and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action. For more information, go to www.RealWealthShow.com.

Crypto News: Cynthia Lummis exposes Elizabeth Warren's Clarity Act and Crypto lies as President Trump reviews ethics updates in the Clarity Act bill. $40 million worth of Bitcoin stolen after 500 'Coldcard' hardware wallets were hacked.

Cody Carbone, CEO of The Digital Chamber, joined us to discuss the latest CLARITY Act timeline and the ongoing negotiations over the bill's ethics provisions.Topics: - Clarity Act ethics - will President Trump approve? - Will the Senate vote on the Bill next week? - Can the Bill make it to the House for a vote? - Suing Illinois over their Digital Tax Bill 

What happens to security investing when vulnerability discovery becomes continuous and exploitation windows shrink from weeks to hours? I sit down with Chenxi Wang of Rain Capital to dig into it.Chenxi is the Founder and Managing General Partner at Rain Capital, a venture fund focused on early-stage cybersecurity companies. She's been a Carnegie Mellon professor, a Forrester VP, and a strategy leader at Intel Security and Twistlock, and her portfolio includes companies like Claroty, ProjectDiscovery, Ox Security, runZero, and Straiker. She closes out my July run of conversations with security investors.In this episode:The AI Exploit Age and why vulnerability discovery is becoming continuousGuardian Agents and the case that it takes an AI to govern an AISeparating AI agent identity from traditional machine identityThe signals that predict enterprise adoption for early-stage security startupsThe barbell funding market and the squeeze on Series B and CWhat security leaders should do differently over the next twelve monthsConnect with Chenxi: LinkedIn: https://www.linkedin.com/in/chenxiwang88/ Rain Capital: https://raincap.vc/ Rain Capital Insights: https://raincapital.substack.comSubscribe to Resilient Cyber for more conversations with security practitioners and leaders: https://www.resilientcyber.io

On episode 253 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Michael Batnick are joined by Big Technology founder, Alex Kantrowitz, to discuss: OpenAI and Anthropic's explosive growth, the threat to traditional software companies, soaring cloud demand, agentic AI, and the diverging strategies of Microsoft, Meta, Amazon, Apple, Google, and other tech giants. Plus, where AI profits may ultimately accrue, and whether today's massive spending boom can deliver lasting returns. This episode is sponsored by ProShares. Learn more at proshares.com. Sign up for The Compound Newsletter and never miss out: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Instagram: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠instagram.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Twitter: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠twitter.com/thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ LinkedIn: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠linkedin.com/company/the-compound-media/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ TikTok: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠tiktok.com/@thecompoundnews⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ritholtz Wealth Management⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/advertising-disclaimers⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://ritholtzwealth.com/podcast-youtube-disclosures/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ProShares' disclosure Investing involves risk, including the possible loss of principal. There is no guarantee any ProShares ETF will achieve its objective. ProShares leveraged and inverse ETFs have a daily investment objective. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant. Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses on ProShares.com. Read them carefully before investing. Distributor SEI Investments Distribution Co. Learn more about your ad choices. Visit megaphone.fm/adchoices

Three genuinely sharp financial minds sit down today and, one by one, admit to the same kind of dumb money moves everyone else makes. Not because they didn't know better. Because knowing better and doing better turn out to be two completely different skills, and your brain is very good at making bad ideas feel reasonable in the moment. This episode isn't about learning new investment tactics. It's about learning to recognize the exact moment your own mind starts working against you, and what to do about it before it costs you.What You'll Walk Away WithThe three specific flavors of overconfidence that combine into what one expert calls "a recipe for disaster"Why "I'll wait until it comes back" is one of the most dangerous sentences an investor can say to themselves, and when it's actually trueThe surprising reason financially literate people still make emotional money mistakes, according to research on an unrelated professionA simple writing exercise that makes you far more likely to stick to your own financial planWhy betting on what's familiar, your employer's stock, your home country's market, is quietly one of the riskiest things you can doA martial-arts-inspired mental trick for turning your own biases into tools instead of trapsThe real reason "this time is different" almost always feels true and is almost always the wrong conclusion to act onWhy This Matters NowIn your 40s, you've likely made enough financial decisions to have a track record, some smart, some you'd rather not revisit. The goal isn't to eliminate emotion from money; that's not realistic, and it's not even the point. It's to recognize the specific moments your gut is about to overrule your plan, and to have something in place, a rule, a person, a system, that catches you before it does. Confidence with money doesn't come from never being tempted to make a bad call. It comes from knowing exactly what you'll do when you are.From the BasementThe crew's year-long trivia championship takes a wild turn with a Spanish treasure fleet question that somehow ends in someone getting bonus points for pure luck, which is a fittingly ironic way to close an episode all about how bad we are at judging our own luck.Resources MentionedThe Behavioral Investor by Daniel Crosby — second edition available for preorderAfford Anything podcast — Paula Pant's showPersonal Finance for Long-Term Investors podcast — Jesse Cramer's showSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Our Strategist Michelle Weaver talks to Michael Zezas and Jessica Alsford, Co-Directors of the Morgan Stanley Institute, about how AI, energy resilience and industrial policy are changing investment decisions.Read more insights from Morgan Stanley.----- Transcript -----Michelle Weaver: Welcome to Thoughts on the Market. I'm Michelle Weaver, Morgan Stanley's U.S. Thematic and Equity Strategist.Michael Zezas: I'm Michael Zezas, co-director of the Morgan Stanley Institute and Deputy Global Head of Morgan Stanley Research.Jessica Alsford: And I'm Jessica Alsford, Morgan Stanley's Chief Sustainability Officer, and also co-director of the Morgan Stanley Institute.Michelle Weaver: Today: how AI, energy, geopolitics, and industrial investment are competing for scarce resources – and what that competition could mean for markets.It's Friday, July 31st at 10am in New York.Jessica Alsford: And 3 pm in London.Michelle Weaver: Mike and Jess, as co-directors, you speak with people across the firm to identify the biggest questions facing companies and investors, especially the important ones that may not have clear answers yet. And to understand how those questions are shaping client conversations. Mike, what's one of the questions that you think investors are wrestling with the most right now?Michael Zezas: So, one of the biggest questions is how several major investment cycles can happen at the same time. AI, energy infrastructure, manufacturing, and defense may all be competing for the same power, the same skilled labor, equipment, and capital. So, investors need to look beyond each theme in isolation and ask where constraints could delay projects, raise costs, or redirect spending, and which companies are best positioned to manage all of that.Michelle Weaver: Since the institute began, you've examined a number of topics, including AI, energy resilience, and geopolitical fragmentation, just to name a few. Jess, which topic has been the most compelling to you?Jessica Alsford: It's difficult to pick one because, to be honest, for me, it's really the way that AI, energy resilience, and geopolitics have all really become one story. If you think about the energy transition, which has been playing out for a number of years. But now we also have the AI build-out, and that depends on reliable and affordable power. And then geopolitical shocks, which are demonstrating the need for countries to have energy security.So, if you put all of this together and you can really see that there is a huge need to scale the global energy system, but using all types of power available to us, including renewables and nuclear.Michelle Weaver: Mike, how is that intersection that Jess spoke about between AI, energy, and geopolitics altering the way that companies are thinking about investing?Michael Zezas: So, geopolitical shocks, they're more norm than exception now. The situations in Iran, Ukraine, Venezuela, they all reflect an evolving international order where the U.S. is less interested than it used to be in preserving global security and trade standards.And that's a particular problem in a world where companies and governments spent much of the last 50 years optimizing to benefit from globalization. So basically, looking for the lowest cost way to produce things, sourcing materials and labor in the most efficient way possible, presuming that the frictions in international goods and services trade would just keep getting lower.That's obviously not the case now, and whether it's a good idea or not, the trend is toward governments leaning into industrial policy to prioritize supply chain security and protect whatever it sees as their national competitive advantages. And really that's correlated with higher trade barriers. So, that means that while companies are still focused on efficiency, they have to build resilience through more regional supply chains, greater redundancy, and investment in strategically important capacity. So, the practical message from our teams is to map critical dependencies, diversify where possible, and be realistic about the extra cost of resilience rather than assuming the old globalization model will simply return.Michelle Weaver:  One of the clearest constraints on the AI build-out is energy. Our thematic research team is estimating a nearly 40-gigawatt shortfall in power needed for data centers. For context, this is multiple New Yorks worth of power. Jess, how significant of a limiting factor is power becoming?Jessica Alsford: Power is definitely becoming a strategic constraint. If you think about grid connections, these can take years to set up. And so, access to power really is going to determine where facilities are built and how quickly they're able to come online. And it looks like there won't be one universal solution.You've got natural gas, nuclear, renewables, storage, microgrids. They're all going to need to play a role. And for companies, that means that they really are going to have to be planning power alongside the site and financing. For investors, it means focusing on reliability, affordability, and permitting, not just headline demand.Michelle Weaver: So, AI, energy, and geopolitics can no longer be considered in isolation. As countries and companies rethink where they source, build, and invest, where do you see the biggest opportunities emerging?Jessica Alsford: The opportunity is likely to be broader than any single sector, to be honest. and the institute has shown that capital really needs to be flowing towards more resilient supply chains as well as new productive capacity and also the infrastructure that supports both of these. And this covers power, grids, automation, logistics, as well as data. I'd also say that location matters, too. And companies need to be able to weigh political stability as well as skilled labor, reliable energy, and policy support. And investors should be looking for markets and businesses that can turn those advantages into durable returns.Michelle Weaver: The institute has also looked at founders as a source of economic information. Jess, what can their decisions reveal before those changes appear in traditional economic data?Jessica Alsford: So, founders are often making decisions at the leading edge of growth and capital formation, and so their behavior can provide an early read on both at-risk appetite and also financing conditions. If we take the current macro environment as an example of this, the institute has shown that many founders are adapting rather than simply waiting, and this means extending fundraising timelines, spawning investor conversations, and considering private credit, structured equity or tender offers. For companies, the takeaway really is to preserve financing flexibility. And for investors, it's to watch how those choices can reshape private market liquidity.Michelle Weaver: Mike, to bring this back to where we started, if power, labor, and capital are all becoming more constrained, what should investors be watching most closely?Michael Zezas: Yeah. I'd watch whether capital spending plans are being delayed or resized or redirected in some way, and I think importantly, what the reasons would be for any of those things happening.Is there a constraint around power or labor or equipment permitting or financing? Those details help distinguish whether you'd be looking at temporary setbacks or a structural shift. So, something that would signal that we've built too much capacity in AI or manufacturing relative to demand. And that's the type of thing that would be a real headwind to the economic outlook and potentially create problems in the credit markets.But to be clear, we don't see demand flagging anytime soon. And so, for investors, it's less about whether to be bullish or bearish on the outlook for the markets and the economy, and it's more about looking for companies that are durable beneficiaries of these trends. So those are ones with secure inputs, flexible balance sheets, and realistic return thresholds.Michelle Weaver:  Absolutely. As Mike said, we don't see demand slowing, and we're seeing a lot of encouraging data points around AI adoption. One analysis we did recently shows that around 25 percent of S&P companies are now quantifying the benefits they're seeing from AI adoption. And this diffusion story is only going to continue to grow.Mike, Jess, thanks for joining me.Michael Zezas: Thanks Michelle.Jessica Alsford: It's great speaking with you both.Michelle Weaver: And to our listeners, thanks for tuning in. If this is all piquing your interest, you can find the institute's articles, roundtables, and future work on Morgan Stanley's website. And as always, if you enjoy Thoughts on the Market, please leave us a review and share the podcast with a friend or colleague.

Discover the latest economic update. Second-quarter GDP grew at a slower-than-expected annual rate of 1.5%, but much of the weakness came from temporary factors like lower inventories and reduced government spending rather than a broad slowdown in the private economy. Consumer spending remained strong, inflation continued to ease on a monthly basis, and private-sector demand was robust. While the Federal Reserve is still waiting for inflation to move closer to its 2% target before cutting rates, the underlying economic picture remains healthier than the headline GDP number suggests. Key Takeaways GDP grew 1.5% in the second quarter, below expectations. Consumer spending accelerated to 2.1%, showing continued economic resilience. Final sales to private domestic purchasers rose a strong 3.9%, highlighting solid underlying demand. Core PCE inflation eased to 0.1% for the month but remains 3.3% year-over-year, above the Fed's target. The Fed is likely to remain patient on interest rates until inflation shows more sustained improvement. The personal savings rate fell to 2.7%, its lowest level in four years, suggesting consumers are relying more on savings to maintain spending. Are you on track for financial freedom...or not? Financial freedom is a combination of money, compounding and time (my McT Formula). How well you invest can make the biggest difference to your financial freedom and lifestyle. If you invested well for the long-term, what a difference it would make because the difference between investing $100k and earning 5 percent or 10 percent on your money over 30 years, is the difference between it growing to $432,194 or $1,744,940, an increase of over $1.3 million dollars. Your compounding rate, and how well you invest, matters!  INVESTING IS WHAT THE BE WEALTHY & SMART VIP EXPERIENCE IS ALL ABOUT - Invest in digital assets and stock ETFs for potential high compounding rates - Receive an Asset Allocation model with ticker symbols and what % to invest -Monthly LIVE investment webinars with Linda 10 months per year, with Q & A -Private VIP Facebook group with daily community interaction -Weekly investment commentary -Extra educational wealth classes available -Pay once, have lifetime access! NO recurring membership fees. -US and foreign investors are welcome -No minimum $ amount to invest -Tech Team available for digital assets (for hire per hour) For a limited time, enjoy a 50% savings on my private investing group, the Be Wealthy & Smart VIP Experience. Pay once and enjoy lifetime access without any additional recurring fees. Pay once and you're done! Invest with our successful community for years to come. Enter "SAVE50" to save 50% here: http://tinyurl.com/InvestingVIP Or set up a complimentary conversation to answer your questions about the Be Wealthy & Smart VIP Experience. Request an appointment to talk with Linda here: https://tinyurl.com/TalkWithLinda (yes, you talk to Linda!). SUBSCRIBE TO BE WEALTHY & SMART Click Here to Subscribe Via iTunes Click Here to Subscribe Via Stitcher on an Android Device Click Here to Subscribe Via RSS Feed LINDA'S WEALTH BOOKS 1. Get my book, "3 Steps to Quantum Wealth: The Wealth Heiress' Guide to Financial Freedom by Investing in Cryptocurrencies". 2. Get my book, "You're Already a Wealth Heiress, Now Think and Act Like One: 6 Practical Steps to Make It a Reality Now!" Men love it too! After all, you are Wealth Heirs. :) International buyers (if you live outside of the US) get my book here. WANT MORE FROM LINDA? Check out her programs. Join her on Instagram. WEALTH LIBRARY OF PODCASTS Listen to the full wealth library of podcasts from the beginning.  SPECIAL DEALS #Ad Apply for a Gemini credit card and get FREE XRP back (or any crypto you choose) when you use the card. Charge $3000 in first 90 days and earn $200 in crypto rewards when you use this link to apply and are approved: https://tinyurl.com/geminixrp This is a credit card, NOT a debit card. There are great rewards. Set your choice to EARN FREE XRP! #Ad Protect yourself online with a Virtual Private Network (VPN). Get 3 MONTHS FREE when you sign up for a NORD VPN plan here.  #Ad To safely and securely store crypto, I recommend using a Tangem wallet. Get a 10% discount when you purchase here. #Ad If you are looking to simplify your crypto tax reporting, use Koinly. It is highly recommended and so easy for tax reporting. You can save $20, click here. Be Wealthy & Smart,™ is a personal finance show with self-made millionaire Linda P. Jones, America's Wealth Mentor.™ Learn simple steps that make a big difference to your financial freedom.  (This post contains affiliate links. If you click on a link and make a purchase, I may receive a commission. There is no additional cost to you.)  

Can 21 funds deliver useful global diversification—or mostly camouflage overlap, cost, and complexity? Don opens the Friday Q&A by giving one listener a sharper set of questions to take back to an advisor, including what each fund actually contributes and what would be lost by owning fewer.The questions then move from portfolio architecture to retirement reality. A listener learns why RMDs and Roth conversions should not wag the retirement dog, and another faces a sudden $15,000-a-month skilled-nursing bill that changes the investment plan for good reasons—not because of market timing.There's also a timely Roth-conversion opportunity for a young worker headed back to school, a warning about state charges on multi-year guaranteed annuities, and a sober return estimate for a balanced portfolio. Add one lovingly brutal critique of Competitive Don, and the listener mailbag is officially doing its job.00:39 Welcome to Friday Q&A02:50 Are 21 funds too many?05:40 Don't let RMDs wag the retirement dog09:13 Investing for a $15,000-a-month care bill12:44 A low-income-year Roth conversion15:30 Competitive Don gets reviewed18:04 State charges on multi-year guaranteed annuities19:05 What return should a 60/40 portfolio expect?Questions? Comments? Click!

We are joined by Colin Plume, CEO of Noble Gold Investments, to discuss the golden investment strategy to add to your portfolio. There is a growing role of physical precious metals in today's investment landscape. We explore why gold and silver have surged in recent years, the impact of central bank buying, Basel III regulations, rising government debt, and the increasing demand for silver driven by AI, technology, and industrial use. Colin explains the importance of owning physical metals versus paper assets, how proper storage and custody reduce investor risk, and why he believes tangible assets such as precious metals, real estate, and businesses may offer greater protection as economic uncertainty, inflation, and market valuations continue to rise. We discuss...  How Noble Gold Investments helps investors own physical gold and silver while emphasizing the importance of separate dealers, custodians, and depositories for security. Why segregated storage offers greater protection than commingled storage for precious metals investors. How the typical precious metals investor has become significantly younger in recent years. The key drivers behind the recent surge in gold and silver prices, including central bank buying, government debt, and fiscal policy. Why central banks are reducing their exposure to U.S. Treasuries while increasing their gold reserves. Why he believes silver has significant long-term upside due to growing industrial demand from AI, semiconductors, and renewable energy. The supply constraints facing silver and how limited mine production could support higher prices. Concerns about paper precious metals markets and the disconnect between physical metal availability and futures contracts. Investing in physical precious metals with mining stocks and the different risks and opportunities each presents. How gold and silver historically respond during periods of economic crises, inflation, and government stimulus. Why he believes tangible assets such as precious metals, businesses, and select real estate provide greater long-term protection than financial assets alone. The risks of elevated stock market valuations and why diversification into hard assets may become increasingly important. Today's Panelists: Kirk Chisholm | Innovative Wealth Phil Weiss | Apprise Wealth Management Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the full show notes at https://moneytreepodcast.com/golden-investment-strategy-collin-plume-838