Podcasts about IRR

In today's episode, we're joined by Jeff Court, CEO of Tungsten West, the company redeveloping the Hemerdon tungsten project in Devon, UK Jeff's worked on mining projects all over the world, and we'll be talking about his journey into leadership, why tungsten is such a critical mineral, and what it takes to bring a historic mine back into production. We'll also cover the company's new feasibility study, financing challenges, and what the EU Critical Raw Materials Act means for Hemerdon. KEY TAKEAWAYS Tungsten is classified as a critical mineral due to its unique properties, such as high density and tensile strength, making it essential in various industries, including mining, construction, transportation, and defence. Tungsten West requires approximately $93 million to restart production at the Hemerdon project, with funding expected to come from a combination of debt and equity. The feasibility study indicates a strong economic outlook, with a potential internal rate of return (IRR) of around 48%. The project incorporates modern mining practices focused on sustainability, including noise reduction measures and community engagement to ensure compliance with environmental standards and to maintain good relations with local residents. The Hemerdon project has been designated as a strategic project under the EU Critical Raw Materials Act, which enhances its profile and may facilitate access to government-backed funding BEST MOMENTS "Tungsten's not gold, it's not iron ore, it's a very interesting specialty metal space that also has a lot of off-take supply requirements around it too."  "We have about a 12-month period before we start production."  "It raises profile, certainly... it solidifies our credentials."  "We want to be a good neighbour. We're going to be there a minimum of 40 years."  VALUABLE RESOURCES Mail:        ⁠rob@mining-international.org⁠ LinkedIn: ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ X:              ⁠https://twitter.com/MiningRobTyson⁠  YouTube: ⁠https://www.youtube.com/c/DigDeepTheMiningPodcast⁠  Web:        ⁠http://www.mining-international.org⁠ GUEST SOCIALS  X - @TungstenWest https://x.com/TungstenWest LinkedIn - @ Tungsten West plc https://www.linkedin.com/company/tungsten-west-plc/ Facebook - Tungsten West plc https://www.facebook.com/tungstenwest/ Website: https://www.tungstenwest.com/  Contact: TungstenWest@blytheray.com CONTACT METHOD ⁠rob@mining-international.org⁠ ⁠https://www.linkedin.com/in/rob-tyson-3a26a68/⁠ Podcast Description Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.  This Podcast has been brought to you by Disruptive Media. https://disruptivemedia.co.uk/

In this episode of The Midweek Takeaway, Phil Carroll and Kevin Hornsby speak with Colin Bird, Executive Chairman of Bezant Resources (AIM: BZT), about the feasibility study for the Hope & Gorob copper-gold project in Namibia. Colin outlines the plan to use multi-sensor dry ore sorting and truck pre-concentrate to an existing processing plant ~190 km away, delivering capital efficiency and faster ramp-up. The study highlights robust economics (NPV ~$46.2m, IRR ~62%) and confirms the plant can be optimized for productivity and concentrate quality rather than costly conversion. He also discusses expected 8–10 years of open-pit mining, moves to secure long-lead items, and the strategy to fast-track production amid supportive metal prices. Disclaimer & Declaration of Interest This podcast may contain paid promotions, including but not limited to sponsorships, endorsements, or affiliate partnerships. The information, investment views, and recommendations provided are for general informational purposes only and should not be construed as a solicitation to buy or sell any financial products related to the companies discussed. Any opinions or comments are made to the best of the knowledge and belief of the commentators; however, no responsibility is accepted for actions based on such opinions or comments. The commentators may or may not hold investments in the companies under discussion. Listeners are encouraged to perform their own research and consult with a licensed professional before making any financial decisions based on the content of this podcast. 

My podcast guest this week is Chris Garner, CEO, Avanti Residential, an owner-operator with thousands of units across seven states, who has four decades in the trenches. Garner explains how the multifamily market is bottoming – with local nuance. The past two years weren't a demand recession, he says, so much as a supply shock in growth metros. Concessions did the absorbing. Now we're approaching the peak of deliveries in places like Nashville, Denver, and Phoenix but investment committees are still anchored to five-year IRR math and negative-leverage scar tissue. His take on timing is blunt – "We're at the bottom of the multifamily cycle, if not the beginning of the recovery," but the irony is that capital is still sidelined. Investment committees remain cautious, waiting for "clear evidence" that fundamentals have turned, even though the best returns are made before that clarity arrives. As Garner put it, everyone talks about not following the herd, "but everybody's part of the herd." When deals finally reprice and capital moves, the easy money is gone. "That's when the best deals get missed because you couldn't raise capital when it was actually the right time to buy." Five questions Chris and I discuss: Where are we in the cycle? What does an efficient operating model look like now? How should value-add evolve? What's the realistic path to transacting again? What hold period wins from here? Tune in for the full conversation with Chris Garner, CEO, Avanti Residential - a masterclass in operating discipline, market selection, and underwriting in the real world. *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing. With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection. Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

Hermann Pretorius and Nicholas Lorimer discuss the IRR's Value for Money Bill. They also chat about overregulation and ActionSA's weird polling plan. Website · Facebook · Instagram · Twitter

In a fearless conversation with Alec Hogg, IRR strategist Hermann Pretorius tears into the myths behind South Africa's empowerment policies, calling BEE a system of legalised theft that enriches elites while bankrupting the state. He reveals the IRR's Value for Money Bill - a blueprint to end race-based procurement, restore accountability, and save billions lost to inflated tenders and cadre contracts. From Eskom to education, Pretorius argues that only honesty, merit and competence can rebuild South Africa's future.

Can your retirement account buy real estate? Startups? Alpaca farms?! Yes. And in this episode, Dana Udumulla from Madison Trust breaks down how self-directed IRAs actually work, what they can (and can't) invest in, and why more commercial real estate investors should be using them to raise capital.Whether you're an accredited investor or a confused podcast co-host (cough Timmy), this conversation is packed with practical takeaways, tax strategies, and jaw-dropping scenarios (like turning $7K/year into $4.75M tax-free).We also get into:Roth vs Traditional IRA pros & consCommon mistakes investors make (and how to avoid getting disqualified)How to structure deals to receive retirement dollarsReal estate, bonus depreciation, and... Brazilian sugar?Don't invest another dollar until you listen. Your future self will thank you.

What does it take to walk away from a successful private-equity career and build your own real-estate investment platform from scratch? This week, I sat down with Anthony Maxwell-Jones, Founder & Managing Partner at Valorem Investment Partners, to unpack his journey from the early days at Mercer / Castleforge to founding Valorem - and what he's learned along the way about timing, risk, and backing yourself. Anthony has quietly built one of the UK's most interesting boutique investment platforms, deploying over £80 million across offices, student, residential, hotel, and strategic-land assets - achieving a 20 % IRR and 2.2× MOIC. We discuss how he spotted opportunity in the wake of the GFC, why he left a newly raised fund to go it alone, and the lessons that came from building Valorem through Brexit, Covid, and a volatile rate cycle. ⸻ Key Topics Covered In This Episode: ✅ From Castleforge to Valorem - How Anthony transitioned from analyst to entrepreneur ✅ The Leap - What gave him the confidence to found his own firm at 27 ✅ Covid Chaos - How a “malicious virus clause” saved a £90 million office scheme ✅ Family Office Capital - Building trust, track record & long-term partnerships ✅ Discipline & Patience - Investing through a stagnant market without pressure to deploy ✅ Future Focus - Why defence infrastructure and core-plus offices are on his radar ⸻ Oh, and one last thing… In every episode, I ask each guest: Who are the People, what Property, and which Place they'd invest in if they had £500 million at their disposal? Anthony's answer did not disappoint

Jon Gilligan, President and CEO of Liberty Gold (TSX:LGD; OTCQX:LGDTF), joins me for a comprehensive update on their exploration, development, and derisking work leading to an upcoming Feasibility Study, engineering work streams, permitting, and other future value drivers; with a move towards a construction decision in 2 years at the open-pit, heap leach Black Pine Gold Project in the Great Basin in southeastern Idaho.   We start off reviewing the key metrics from the Pre-Feasibility Study announced on October 10, 2024, but using a $2,000 gold price assumption.   Open pit, run-of-mine (no crushing) heap leach operation with a one-year construction period and initial capital expenditure of $327 million Average annual production of 183 thousand ounces of gold in years 1 to 5 with Life-of-Mine average annual production of 135 thousand ounces of gold All-In Sustaining Cost for years 1 to 5 of $1,205 per ounce of gold and LOM AISC of $1,380 per ounce of gold $552 million After-Tax Net Present Value (5%) with a 32% After-Tax Internal Rate of Return and a 3.3 year payback at a base case gold price of $2,000 per ounce $1.296 billion After-Tax Net Present Value (NPV 5%) with a 62% After-Tax Internal Rate of Return (IRR) and a 1.5 year payback at spot gold prices of $2,600 per ounce   The economic metrics are obviously much better at current gold prices near $4,000 per ounce, the NPV swells well over $2billion and the IRR goes to triple digits. The Company is working towards a Feasibility Study as a next key catalyst, but has multiple development and derisking workstreams underway.   Additionally, there is still a lot of room for exploration expansion at the Black Pine Gold Project, where there have been recent news reports announcing additional strong results at the expanding Rangefront Zone, from the ongoing 40,000 meter (“m”) feasibility reverse circulation (“RC”) drill program.    This exploration program is designed for resource infill and conversion, as well as technical compliance for feasibility and expansion of the resource. There is also some true discovery drilling exploring areas for near-surface mineralization and looking for more potential satellite pits. Jon outlines how Rangefront has expanded so much through the focused drilling that it is likely to move up into where the initial few years of mining happen, being strategically located further down the mountain and near the new leach pads.   Jon also provides a detailed roadmap of the timeline of permitting milestones and derisking initiatives in front of the Company over the next 2-3 years through targeted construction and first gold pour.   Many of the engineering and permitting workstreams coalesce in late 2027, in tandem with initiatives to execute on the funding package, and these should lead to the construction decision later that year, and then breaking ground in 2028.   Jon outlined the specific factors that lead to the strong current financial health of the company. After a successful capital raise back in April of C$23 million, this was followed by a strategic 9.9% investment by Centerra Gold in September for C$28 million, another $2.2million payment received in October from the sale of the non-core TV Tower copper gold project, and then additional early exercise of warrants. This gives Liberty Gold a solid treasury, and they are now fully funded to advance forward with all the ongoing exploration, development, and derisking work programs at Black Pine moving towards a construction decision in late 2027.   We wrap up having Jon reiterate the Company's genuine interest in building this project, and highlighting a number of key promotions and additions to their board of directors and management team, boosting both their technical and permitting teams.   If you have any questions for Jon regarding Liberty Gold, the please email me at Shad@kereport.com.   Click here to follow the latest news from Liberty Gold     For more market commentary & interview summaries, subscribe to our Substacks:   The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.    

L'Astérix nouveau est arrivé ! Comme le veut la tradition, tous les deux ans, les Irréductibles Gaulois repartent à l'aventure. Après L'Iris blanc, un épisode dit « de village », FabCaro reprend les rênes du scénario et respecte la règle de l'alternance : place à un voyage. Pour ce 41e album, cap sur la Lusitanie, province romaine correspondant à l'actuel Portugal. Alors, la destination en vaut-elle la peine ? Dans ce podcast, les auteurs nous révèlent lurs secrets.Une production ActuaBD.com - Interview : Kelian Nguyen & Jade Miuti- Montage : Kelian Nguyen — Photo : Didier Pasamonik - Musique : We March Together — Courtesy of Patrick Patrikios — Youtube Audio Library

The sea around Skellig Michael never rests. Waves slam the cliffs like a heartbeat, and mist rises from the rocks like breath from some sleeping giant. Eight miles off the Kerry coast, this jagged island looks less like a piece of earth and more like a fragment of another world. More than a thousand years ago, monks climbed 600 stone steps to live here, chasing silence, prayer, and the edge of heaven. Today, visitors come for the same reason, though they may not know it. Whether you're drawn by faith, history, or a galaxy far, far away, Skellig has a way of making you listen to what the sea remembers. And that's where today's story begins — between exile and return, faith and freedom, stone and surf. Because sometimes, we're all just trying to find our way back to the ocean. With Music from Niamh Dunne, Wolf Loescher, and Jocelyn Pettit & Ellen Gira. This is Quest & Chorus #309 0:58 - Niamh Dunne "Ballyneety's Walls" from Portraits 4:17 - WELCOME TO QUEST & CHORUS Welcome to Quest & Chorus, where every wave might carry a myth, and every exile still dreams of home. I'm your bard, Marc Gunn, also host of the Irish & Celtic Music Podcast, and typically host of this show as Folk Songs & Stories, but today, we call it Quest & Chorus. And today, we drift to the edge of the world, To Skellig Michael, where the sea swallows history and monks once whispered their prayers to gulls. It's also where a Jedi gave up the fight. And where a selkie sings himself back into the sea. Today's theme may seem like exile or perhaps it's where you truly belong. Quest & Chorus is a 6-part podcast series. I fuse my love of Celtic and folk music, science fiction and fantasy, and travel into a podcast with a quest. In each episode, you will get a clue to unlock a secret reward. And at the end of the season, you will combine all of those clues to unlock an even bigger amazing reward. If you're new to the show, please follow us. You can do that at PubSong.com. UPCOMING SHOWS NOV 1: Georgia Renaissance Festival Fall Festival, Fairburn, GA NOV 8: IrishFest Atlanta, Roswell, GA with Inara NOV 14-16: CONjuration, Duluth, GA NOV 22: Georgia Renaissance Festival Fall Festival, Fairburn, GA DEC 6: Georgia Renaissance Festival Fall Festival, Fairburn, GA DEC 7: Nerdy Wonderland at The Lost Druid, Avondale Estates, GA @ 12 - 5 PM. 6:24 - Wolf Loescher "Rovin' Journeyman" from Child of Alba Please leave a comment on the podcast show notes at pubsong.com or wherever you listen. Email pictures of where you're listening to follow@celtfather . I'll send you a free gift and you can learn more about how to follow this podcast. News If you're looking for Celtic Halloween music, I have a large selection of such music. While my Happy Songs of Death album fits the bill, I also did a series of concerts inspired by that theme for several years. Follow the link in the shownotes for details. A big thanks to my… 7:45 - GUNN RUNNERS ON PATREON If you enjoy this podcast or you love listening to my music, please follow my Celtfather Patreon page. You can sign up for free and get updates on what's new and you can get an ad-free edition of this podcast before public listeners. But you get so much more when you become a Patron of the Arts. Patreon is one of the ways modern musicians and podcasters make a living. For just $5 per month, you'll get exclusive, unreleased songs, podcasts, video concerts, bootleg concerts, and so much more. Email follow@celtfather to get more details! 9:47 - Jocelyn Pettit & Ellen Gira "Going Home" from Here To Stay 13:15 - TODAY'S SHOW IS BROUGHT TO BY CELTIC INVASION VACATIONS Every year, I take a small group of people on a relaxing adventure to one of the Celtic nations. We don't see everything. Instead we stay in one area. We get to know the region through its culture, history, and legends. You can join me with an auditory and visual adventure through podcasts, blogs, videos, and photos. In 2026, you can join me for a Celtic Invasion of Galicia in Spain. Sign to the Celtic Invasion Vacations mailing list at CelticInvasion.com. Let's begin the… 13:47 - QUEST & CHORUS of SKELLIG MICHAEL Eight miles off the coast of County Kerry is the island of Skellig Michael. It is a jagged twin-peaked island. Its name comes from the Irish Sceilg Mhichíl which means Michael's Rock. It was dedicated to the Archangel Michael. The island's history began in the sixth century. Monks sought isolation and closeness to God. So they settled there because the early Irish monastic tradition valued hardship, solitude, and spiritual testing. The monks carved out a small community on narrow terraces more than 600 steps above sea level. The monastic settlement they built still survives. They built a cluster of beehive stone huts, stone crosses and terraces connected by narrow paths. Everything was dry-stone construction. That means they were fitted together without mortar. They were built so well that they have lasted over a millennium. The monks grew small gardens, caught seabirds and fish, and collected rainwater in cisterns. They survived off of what the island would allow. Skellig Michael was a center of devotion to Saint Michael the Archangel sometime after the 8th century. The island was also a pilgrimage site for centuries. Climbing its steps was seen as a form of penance and spiritual renewal. By the 13th century, life on Skellig Michael had become too difficult. Storms, isolation, and changing Church patterns led the monks to relocate to the mainland, near Ballinskelligs. But the island remained a place of pilgrimage well into the modern era. Skellig Michael is now a UNESCO World Heritage Site. It is recognized for its exceptional preservation of early Christian monastic life and its haunting natural beauty. It's also become familiar to a new generation as Ahch-To, the oceanic world where Luke Skywalker lived in exile in Star Wars: The Force Awakens and The Last Jedi. Even now, Skellig Michael stands as a symbol of endurance, of faith carved into stone, of solitude turned to sanctuary, and of the fragile bridge between human devotion and the raw power of nature. LEGENDS OF SKELLIG MICHAEL One of the more famous legends involves the Tuatha Dé Danann and the Milesian invasion of Ireland. It is recounted in the Lebor Gabála Érenn (the Book of Invasions). According to this myth: As the Milesians sailed toward Ireland around 1400 BC in the mythic narrative, a storm was caused by the Tuatha Dé Danann. They are one of the faerie-like supernatural race in Irish mythology. Skellig's cliffs are sometimes mentioned as one of the treacherous places where ships were driven ashore. One version says Irr, a son of Míl Espáine (the mythic ancestor of the Gaels), was travelling from the Iberian Peninsula. He drowned and was buried on Skellig. MY THOUGHTS on SKELLIG MICHAEL 20:02 - Marc Gunn “Selkie's Life” from Come Adventure With Me Check out my blog of the puffins of Skellig Michael. Selkie's Life, Selkie Call of the Sea #234 Thank you for returning to the sea with me. Skellig Michael is not the end of the story. But it's where stories are kept safe. Next time, we wander the great alignments of Carnac, stones older than myth, standing like trees in time. Until then… If the sea calls you, don't be afraid to answer. 23:39 - CREDITS Thanks for listening to Quest & Chorus. This episode was edited by Mitchell Petersen. You can follow and listen to the show on my Patreon or wherever you find podcasts. Sign up to my mailing list to learn more about songs featured in this podcast and discover where I'm performing. Remember. Reduce, reuse, recycle, and think about how you can make a positive impact on your environment. Join the Quest and Sing Along at www.pubsong.com! #pubstories    

Brought to you by:Accelerating Impact - an independent non-profit advancing impact finance by mobilizing capital toward sustainable development and running free accelerator programs for emerging fund managers (ICFA, ISFA). Join for expert coaching, training, financial support, and a strong peer community. Contact them here.***

Charles Funk, President and CEO of Heliostar Metals (TSX.V:HSTR – OTCQX:HSTXF – FSE:RGG1), joins me to discuss a series of key updates across the company's portfolio in Mexico. We focus on the new La Colorada Technical Report, high-grade drill results from Ana Paula, and the expanding development and production pipeline. Key Discussion Highlights: La Colorada Technical Report: Upside case based on $3,500/oz gold delivers a post-tax NPV of US$243M and 168% IRR. Base case uses $2,300/oz gold with a $1,626/oz AISC and a 6-year mine life producing ~286,000 ounces of gold. Fully funded development plan utilizing internal cash flow from San Antonio and stockpile production - no dilution required. Expansion & Exploration Potential: Drilling at Veta Madre Plus could add ~28,000 ounces and ~$30M in cash flow through a larger pit shell. Additional upside from high-grade zones at depth and near-mine exploration around Creston and other targets. Ana Paula Drill Results: Standout intercept: 88m grading 8.8 g/t gold from 88m downhole. 15,000m infill and conversion program underway; expanding to three rigs. Upcoming PEA this quarter to outline underground economics, followed by a feasibility study targeting construction decision for 2028 production. Resource: 710,000 oz M&I and 450,000 oz inferred with goal to convert total to M&I. Strong Financial Position: ~$30M cash (end of Q2) with increasing Q3 balance expected. Please email me at Fleck@kereport.com with any follow up questions for Charles.    Click here to visit the Heliostar Metals website to learn more about the Company.    -------------- For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad's resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

Irrégularité des cycles, bouffées de chaleur, irritabilité, prise de poids... La ménopause, due aux changements hormonaux, survient entre 45 et 55 ans. Dans quel cas, sur la base de quel symptôme, un traitement de la ménopause est-il indiqué ? Existent-t-ils des recommandations en terme de prévention pour mieux vivre et supporter cette période ?   Dr Abdoulaye Diop, gynécologue obstétricien à la Clinique Bellevue à Dakar au Sénégal     

Chaque vendredi, nous traiterons d'un sujet de santé au féminin, de manière pratique. Cette semaine, nous faisons un point sur cet état physiologique féminin. Irrégularité des cycles, bouffées de chaleur, irritabilité, prise de poids... La ménopause, due aux changements hormonaux, survient entre 45 et 55 ans. Comment reconnaître les signes de la ménopause ? Comment les appréhender pour vivre au mieux cette phase ? Quels moyens pour prévenir ou traiter ses effets ?   Dr Abdoulaye Diop, gynécologue obstétricien à la Clinique Bellevue à Dakar, au Sénégal.    Programmation musicale : ► Lubiana - Farafina mousso ► Aemann – Aghira. 

Chaque vendredi, nous traiterons d'un sujet de santé au féminin, de manière pratique. Cette semaine, nous faisons un point sur cet état physiologique féminin. Irrégularité des cycles, bouffées de chaleur, irritabilité, prise de poids... La ménopause, due aux changements hormonaux, survient entre 45 et 55 ans. Comment reconnaître les signes de la ménopause ? Comment les appréhender pour vivre au mieux cette phase ? Quels moyens pour prévenir ou traiter ses effets ?   Dr Abdoulaye Diop, gynécologue obstétricien à la Clinique Bellevue à Dakar, au Sénégal.    Programmation musicale : ► Lubiana - Farafina mousso ► Aemann – Aghira. 

Nick and Dan break down the essential metrics every Canadian real estate investor needs to master: cap rate, DSCR, cash-on-cash return, and IRR. Using a detailed Hamilton duplex example, they demonstrate how to calculate each metric, explain what they reveal (and what they don't), and show how to use them strategically—from quick property screening to deep financial modeling. Cap rate is your screening tool: Perfect for quickly comparing properties across markets, but it doesn't account for financing or long-term performance. DSCR and cash-on-cash reveal actual profitability: These metrics show whether your property will make or lose money with financing—the Hamilton example had a terrible 0.61 DSCR and -10.5% cash-on-cash return. IRR captures the complete picture: It's the only metric that accounts for the entire investment lifecycle including appreciation, principal paydown, and your exit, showing you can still profit even with negative annual cash flow. LIVE PODCAST TICKETS Exchange-Traded Funds (ETFs) | BMO Global Asset Management Sign Up For Futures Faster Multiplex Program FREE LISTEN AD FREE free 1 week trial for Realist PremiumReal Estate Investment Specialist Designation Course Buy & sell real estate with Ai at Valery.cSee omnystudio.com/listener for privacy information.

Interview with Alan Carter, President & CEO of Cabral Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/cabral-gold-tsxvcbr-2500oz-margins-position-brazil-project-for-exceptional-near-term-returns-8097Recording date: 16th October 2025Cabral Gold has positioned itself for a transition from explorer to producer following the recent US$45 million gold loan financing that fully funds construction of its Brazilian heap leach operation without diluting shareholders, a rare achievement in the junior mining sector. With first gold pour scheduled for Q4 2026, investors have clear visibility to cash flow generation within 12 months.The project's financial profile stands out in today's gold price environment. At US$2,500/oz gold, the operation generates a 78% IRR with just US$37.7 million in capital requirements and a 10-month payback period. All-in sustaining costs of US$1,210/oz create margins exceeding US$3,000/oz at current gold prices, translating to approximately US$75 million in annual pre-tax cash flow. This positions Cabral among the highest-margin gold developers globally, with sufficient cash generation to self-fund aggressive exploration while maintaining financial flexibility.The value proposition extends beyond near-term production. Located adjacent to Brazil's third-largest gold mine, Cuiú Cuiú produced 10 times more historical placer gold than its neighbor, suggesting substantially greater hard rock potential. With current resources of 1.2 million ounces and recent drill intercepts up to 33 g/t gold outside resource boundaries, the company has identified over 50 exploration targets across the district. Management's track record, including CEO Alan Carter's involvement in discovering the neighboring G Mining's Tocantinzinho deposit, provides operational credibility. The combination of near-term cash flow, substantial margins, exploration upside, and experienced management in a proven jurisdiction creates multiple pathways to potential value creation. For investors seeking exposure to emerging gold producers with growth optionality, Cabral presents a differentiated opportunity with both production visibility and district-scale exploration potential in one of Brazil's most established gold regions.—Learn more: https://cruxinvestor.com/companies/cabral-goldSign up for Crux Investor: https://cruxinvestor.com

Gunnison Copper Corp CEO Stephen Twyerould joined Steve Darling from Proactive to announce that the company has launched a non-brokered private placement to raise gross proceeds of up to C$15 million, with Red Cloud Securities Inc. acting as finder in connection with the financing. Twyerould explained that net proceeds from the offering will be allocated toward drilling, metallurgical testing, and permitting activities, all of which will feed into a Pre-Feasibility Study (PFS) for the company's flagship Gunnison Copper Project in Arizona. In addition, a portion of the proceeds will be used for the partial repayment of outstanding debt owed to Nebari Holdings. The Gunnison Copper Project is among the most advanced in-situ recovery copper projects in North America, with a Measured and Indicated Mineral Resource of over 831.6 million tons grading 0.31% copper, including 640.2 million tons at 0.29% copper in the Indicated category. The company's Preliminary Economic Assessment (PEA) highlighted robust project economics, including an NPV (8%) of US$1.3 billion, an internal rate of return (IRR) of 20.9%, and a payback period of just over four years. Twyerould emphasized that this raise represents an important step in advancing the Gunnison Project toward pre-feasibility, positioning Gunnison Copper for the next stage of development in a rising copper price environment driven by the global energy transition. #proactiveinvestors #gunnisoncoppercorp #tsx #gcu #otcqb #gcumf r #CopperMining #USMining #CopperProject #MiningInvestment #CommodityMarkets #CopperProduction #ArizonaMining #ResourceDevelopment #MiningStocks #CopperDemand #MetalsAndMining

Tired of your crap piling up? Scott Carson chats with Jim Stepanian & Joel Markovitz from Storage Caves, who are revolutionizing storage! Learn about flex-space, investor opportunities with solid upside. Ditch multifamily headaches! (Plumbing, toilets...ugh!) It's your ultimate solution to the garage-sized problems, from the housing crisis to your neighbor's RV. Here's what you'll discover:Beyond Mini Storage: The Paradigm Shift: Ditch those cramped mini-storage units and say hello to luxury storage garages. Jim and Joel explain how their concept caters to a high-end consumer base and offers a superior storage experience.Location, Location, Domination: Find out the key markets Storage Caves is targeting – Dallas, Charlotte, and Atlanta. You'll learn why these cities are ideal for their business model and how they plan to dominate those markets.Storage Arbitrage: A Hidden Cash Cow?: Scott dives into why this is a prime investment: 27% cash flow, appreciation, 8% IRR, and high demand and low risk.Investor's Call to Arms: If you're an investor looking for a solid opportunity, Storage Caves is seeking equity partners. Find out how to get involved, reap a preferred rate of return, and share in the profits.Escaping Your Spouse (or at Least Their Nagging): The housing crisis makes everything difficult. Storage caves offer a sanctuary from the rigors of a tight economy.So, there you have it! It's all about storage, cash flow, and having a place to escape when your spouse starts nagging. Call Storage Caves today to either find your cave or next passive investment opportunity!Connect with Storage Caves Here!Watch the Original VIDEO HERE!Book a Call With Scott HERE!Sign up for the next FREE One-Day Note Class HERE!Sign up for the WCN Membership HERE!Sign up for the next Note Buying For Dummies Workshop HERE!Love the show? Subscribe, rate, review, and share!Here's How »Join the Note Closers Show community today:WeCloseNotes.comThe Note Closers Show FacebookThe Note Closers Show TwitterScott Carson LinkedInThe Note Closers Show YouTubeThe Note Closers Show VimeoThe Note Closers Show InstagramWe Close Notes PinterestGet signed up for the Next Virtual Note Buying Workshop Now!

My guest today is Michael Etzel – a partner at Bridgespan, and one of the key architects behind a shift that's still unfolding: the effort to bring hard-nosed analytical discipline to a field once seen as closer to charity than capital.Michael came to this work from the social sector, back when “impact investing” wasn't yet a defined field. At Bridgespan, he began advising philanthropists and foundations – and over time, that work expanded to include some of the world's largest asset managers as they started asking how capital could solve problems philanthropy couldn't.His idea was pretty simple: to put impact first.Our conversation starts with that principle – and where it sits between two poles. On one side: traditional philanthropy willing to lose money in service of outcomes. On the other: finance-first investing chasing market-rate returns. Impact-first lives in the messy middle. The kind where the first diligence question isn't “What's the IRR?” – it's “What's the problem we're solving?”Michael was one of the architects of the Impact Multiple of Money, or IMM – a six-step process designed to estimate and compare the social or environmental value created for every dollar invested. It starts with what a business produces, connects those outputs to real-world outcomes, and draws on academic research to ground the analysis. The result is a dollar-based estimate of impact – not to put a price on people's lives, but to give investors a common language for understanding what value really means.Michael breaks it down in plain terms. He and his team actually put numbers to impact – they start with what a business produces, figure out what real-world benefits come from that, adjust for the risks, and then compare it to the money invested.The IMM framework is now used across TPG's Rise and Rise Climate funds, together managing tens of billions of dollars in assets. It's become part of how they underwrite investments, sitting right alongside financial measures like IRR and MOIC when evaluating performance.And the best part – it's open source. The full method and case studies are published in Harvard Business Review (“Calculating the Value of Impact Investing”), so anyone can see how the math works.But for Michael, this work has never been just about frameworks. It's about decision-making – what actually happens inside organizations when impact moves from a good idea to something real.In this conversation, we also got into some of the bigger questions shaping the future of the field:Fiduciary duty, and why that concept needs a serious resetHow much progress still depends on individuals, not market forcesAnd why one of the most overlooked disciplines in this work is simply knowing how to say noTune in!*** Impact investing services are provided by Bridgespan Social Impact, Inc., a wholly owned subsidiary of The Bridgespan Group.–About the SRI 360° Podcast: The SRI 360° Podcast is focused exclusively on sustainable & responsible investing.—Connect with SRI360°:Sign up for the free weekly email updateVisit the SRI360° PODCASTVisit the SRI360° WEBSITEFollow SRI360° on XFollow SRI360° on FACEBOOK—Additional Resources:- The Bridgespan Group website- Michael Etzel Biography- Michael Etzel LinkedIn- Calculating the Value of Impact Investing

Most people think valuations come down to simple formulas: EBITDA multiples, discounted cash flows, and comps. The reality in aerospace and defense is far more complex.  That's the reason so many owners and even investors misunderstand how acquisitions actually work in this industry. The truth is, not every buyer values the same business the same way. A small private buyer focuses on what they can finance. A mid-sized family-owned firm is driven by IRR and payback ratios.  Large public companies move based on stock price and accretion. And private equity? Despite having the cash, they often find themselves at a disadvantage, outbid, or outmaneuvered by buyers who can leverage existing capacity, sales teams, and operating talent. That's also why talent is one of the most overlooked yet critical pieces of any deal. The quality of management, the depth of customer relationships, and even succession planning can add or strip away millions from a sale price. In this episode, sell-side banker Bill Alderman returns for his quarterly M&A check-in. We break down the five buyer mindsets that actually drive valuation, and how management succession becomes the most valuable “intellectual property” in a deal. You'll also learn: The five buyer archetypes, and how each one calculates value differently Why “financeability” sets the floor and “EPS accretion” sets the ceiling The critical role of management teams and succession planning in deal pricing How strategic buyers use capacity, salesforce, and cost absorption to outbid private equity Why valuation isn't just math, it's psychology, timing, and leverage What today's seller-friendly market means for owners looking to exit in the next 12–24 months   Guest Bio William H. Alderman (Bill) is the Founding Partner of Alderman & Company. Bill is an M&A specialist in the middle market of the aerospace and defense industry with over $2 billion in mergers and acquisition-related transactions to his name. Prior to founding Alderman & Company in 2001, Bill worked for 15 years on Wall Street and in the Aerospace & Defense Industry, principally on M&A transactions in the middle market. His employers included BT Securities, Fieldstone, and General Electric. Bill is a Securities Principal registered with the Financial Industry Regulatory Authority (“FINRA”) and has four securities industry licenses (Series 7, 24, 63, and 65). Bill is a commercial pilot and owns and operates a Cirrus SR22. URL Link: https://www.aldermanco.com/ LinkedIn - William Alderman https://www.linkedin.com/in/williamalderman/   About Your Host Craig Picken is an Executive Recruiter, writer, speaker and ICF Trained Executive Coach. He is focused on recruiting senior-level leadership, sales, and operations executives in the aviation and aerospace industry. His clients include premier OEMs, aircraft operators, leasing/financial organizations, and Maintenance/Repair/Overhaul (MRO) providers, and since 2008, he has personally concluded more than 400 executive-level searches in a variety of disciplines. Craig is the ONLY industry executive recruiter who has professionally flown airplanes, sold airplanes, and successfully run a P&L in the aviation industry. His professional career started with a passion for airplanes. After eight years' experience as a decorated Naval Flight Officer – with more than 100 combat missions, 2,000 hours of flight time, and 325 aircraft carrier landings – Craig sought challenges in business aviation, where he spent more than 7 years in sales with both Gulfstream Aircraft and Bombardier Business Aircraft. Craig is also a sought-after industry speaker who has presented at Corporate Jet Investor, International Aviation Women's Association, and SOCAL Aviation Association.    Check out this episode on our website, Apple Podcasts, or Spotify, and don't forget to leave a review if you like what you heard. Your review feeds the algorithm so our show reaches more people. Thank you! 

Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today.• Draganfly (CSE: DPRO) — Defense Push with Global OrdnanceDraganfly signed a strategic partnership with DLA prime contractor Global Ordnance to fast-track U.S. defense adoption of its Commander 3XL and Flex FPV drones. The plan: leverage government contracting channels, localize manufacturing, and harden supply chains for NDAA-compliant, mission-ready systems.• West Red Lake Gold (TSXV: WRLG) — Big Hits at Madsen's Lower AustinWRLG reported some of its strongest underground intercepts yet: 139.45 g/t Au over 7.8 m, 74.70 g/t over 8.7 m, and 18.31 g/t over 7.5 m. Results suggest ~600 m of high-grade continuity tying into South Austin—supportive of its 2025 restart plan framed by a PFS with reserves and strong projected cash flow.• Scottie Resources (TSXV: SCOT) — High Grade + Bulk Sample MilestoneAt the Blueberry Contact Zone, Scottie hit 8.37 g/t Au over 8.45 m and 122 g/t over 1.2 m. Its largest program to date (5 rigs, >25,000 m) targets resource upgrades ahead of a Q4 PEA evaluating a capital-light DSO/toll-processing route. The 10,000-tonne bulk sample is mined, crushed, and shipped—assays pending.• Clean Air Metals (TSXV: AIR) — Capital-Light PEA at Thunder Bay NorthNew PEA outlines an 11-year, 2,500 tpd ramp-access mine using toll milling: pre-tax NPV8 C$219.4M, 39% IRR, C$89.5M initial capex, 2.5-year payback (spot case lifts to C$316M NPV and 52% IRR). Updated resources: 14.9 Mt indicated at 2.66 g/t 2PGE, 0.40% Cu, 0.24% Ni; 2.49 Mt inferred at 1.62 g/t 2PGE, 0.31% Cu, 0.19% Ni.• Benton Resources (TSXV: BEX) — Portfolio Leverage to AIR PEABenton owns 24.6M shares (9.8%) of Clean Air Metals and a 0.5% NSR on parts of Thunder Bay North. The AIR PEA's strong returns and low capex provide two potential value streams for Benton—equity upside and future royalty exposure—while Benton advances its own high-grade Great Burnt Cu-Au project.For more breaking small-cap news and real-time updates, follow AGORACOM across all channels—and don't miss our podcast for deep dives and interviews. 

NextSource Materials Inc. (TSX:NEXT, OTCQB:NSRCF) President and CEO Hanré Rossouw talked with Proactive about the company's technical and economic study for its active anode material project in Abu Dhabi. Rossouw said the development marks a “pivotal moment” for NextSource as it positions itself as one of the largest non-Chinese producers of battery anode material for electric vehicles and grid-scale storage. He explained that the project is underpinned by an offtake agreement with Mitsubishi, with a total capital cost of US $291 million, including US $150 million for the first phase. The study showed an IRR of 24% and a payback period of 4.6 years, resulting in a net present value above US $400 million. Rossouw highlighted that Abu Dhabi's industrial zone offered cost advantages, rapid time-to-market, and an existing ecosystem of reagent suppliers and low-cost power. He added that NextSource aims to complete financing with support from Société Générale and potential local partners, combining debt and equity at both asset and group levels. The CEO said the company is progressing toward a final investment decision, with half of the required equipment already ordered and stored in Mauritius and China. The project forms part of NextSource's broader strategy to build vertically integrated anode capacity outside Asia, supported by graphite from its Molo mine in Madagascar. Visit Proactive's YouTube channel for more interviews and updates. Don't forget to like this video, subscribe to our channel, and turn on notifications for the latest news and insights. #NextSourceMaterials #HanreRossouw #Graphite #BatteryAnode #AbuDhabi #EVMaterials #Mitsubishi #MiningNews #EnergyStorage #ProactiveInvestors

Debbie Feldman literally grew up in hotels—her father founded Embassy Suites—and she's since worn almost every hat: GM, asset manager of a 45-hotel portfolio, and co-founder of TCOR Hotel Partners. She's led high-profile repositionings (hello, Fairmont Copley Plaza) and recently teamed with Hotel B School to build a pragmatic course on hotel investment. Susan and Debbie talk about buying basics, budget brass tacks, and booking blend.

My guest today is Daniel Izzo, co-founder and CEO of Vox Capital – Brazil's first impact investing firm.When Vox launched in 2009, the term "impact investing" barely existed in Latin America. There was no roadmap, just a few people who believed business could do more than serve the top of the pyramid.Daniel teamed up with Kelly Michel, co-founder of Artemisia, an accelerator for social entrepreneurs. Kelly introduced him to Antonio Ermírio de Moraes Neto, a young investor from one of Brazil's most prominent business families. Together, the three launched Vox Capital.When Vox began in 2009, few understood what they were trying to do – and fewer believed in it. “People thought it was cute... crazy... or got angry at us.” The infrastructure wasn't there. Most investors ignored 85% of the population outside their own social class. Daniel understood why – but he also knew what they were missing.His team wasn't avoiding Brazil's social challenges, but solving them. They focused on early-stage companies that could scale – businesses built for scarcity, but still desirable for all.The breakthrough came from the results. Their second fund proved returns were possible – over 30% IRR – and suddenly, the skepticism began to fade. Today, Vox manages over $300 million across VC, credit, and real estate – all aiming to unlock opportunity for Brazil's low-income communities.They invested early in a medical education company that slashed the cost of specialist training from $10,000 to $1,000 and made it available online. They also backed Latin America's leading ventilator maker, years before COVID hit. When the pandemic overwhelmed Brazil's hospitals, that company supplied over 80% of the ventilators procured by the Brazilian government during the crisis.But Vox isn't just about writing checks. They take board seats, offer strategic advice, connect founders with new markets, and help navigate major crises.Today, they're leaning into catalytic capital, reforestation, regenerative agriculture, and environmental finance – the next frontier for impact.In Brazil, where deforestation and unsustainable land use drive climate damage, Daniel sees a huge long-term opportunity. Not just to earn returns, but to restore ecosystems.When I asked him what he'd fix with a magic wand, he went straight to mindset. “It'll only be good for everyone, when it's really good for everyone.” He believes ultra-wealthy families have a responsibility to mobilize their capital for collective survival.This is a conversation about what it takes to build in a place where the challenges are complex, the urgency is real, and the opportunity is bigger than most people realize. Daniel makes the case that the next era of capital won't just be about returns – it'll be about restoration, resilience, and responsibility.Tune in.—About the SRI 360° Podcast: The SRI 360° Podcast is focused exclusively on sustainable & responsible investing. In each episode, I interview a world-class investor who is an accomplished practitioner from all asset classes.—Connect with SRI360°:Sign up for the free weekly email updateVisit the SRI360° PODCASTVisit the SRI360° WEBSITEFollow SRI360° on XFollow SRI360° on FACEBOOK—Additional Resources:- Vox Capital website- Daniel Izzo LinkedIn- The Fortune at the Bottom of the Pyramid: Eradicating Poverty Through Profits

This episode breaks down the hidden costs of closing a commercial real estate deal, showing investors exactly what to budget beyond the down payment to avoid surprises and protect their capital. TIme Stamps: 0:00 – Introduction 0:11 – Podcast energy & banter 0:21 – Sponsor pitch / OSU joke 1:06 – Criterion updates & distributions 1:51 – Closing sale & project recap 3:16 – IRR, returns, risk in development 4:01 – Newsletter & investor communications 5:15 – Gateway acquisition update 7:29 – Cost items: loan charges, appraisal 9:53 – Title & escrow charges 13:04 – Title endorsements, easements 15:19 – Survey, property condition, closing summary 16:33 – Second deal cost comparison 18:21 – Using “points” and closing cost buckets 20:54 – Operating capital, over‑raising 22:06 – Final advice & wrap Join our investor list today: https://www.thecriterionfund.com/join-our-investor-list CommercialRealEstate #CREInvesting #ClosingCosts #EquityRaise #RealEstateDevelopment #TitleInsurance #OperatingCapital #CREFinance #InvestorReturns #DealStructuring

On today's episode, Clay is joined by Derek Pilecki to discuss the current market conditions and the investment opportunities he's finding in today's chaotic environment. Derek is a managing member and portfolio manager at Gator Capital Management, which manages Financials sector long/short portfolios for private partnerships and mutual funds. Since its inception in July 2008, Gator Capital has compounded capital at 21.8% per annum versus 11.9% for the S&P 500 over the same time period. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 04:33 - Derek's process of looking for a potential 26% IRR on new investments. 07:43 - How value investing has evolved over the tenure of running his fund. 12:23 - The moves he made during the tariff tantrum earlier this year. 15:14 - How Buffett has influenced him as an investor. 19:51 - The opportunities he's finding in the market today. 23:00 - How he expects the Fed's interest rate cuts to impact the economy, the banking sector, and the real estate market. 45:25 - What Derek saw in Robinhood's stock before it increased by over 10x. 58:24 - Derek's investment thesis in WEX Inc. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join Clay and a select group of passionate value investors for a retreat in Big Sky, Montana. Learn more ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Derek's fund: Gator Capital. Derek's letters. Related Episode: TIP669: Quietly Compounding at 20%+ Per Year w/ Derek Pilecki. Follow Derek on X. Follow Clay on ⁠LinkedIn⁠ & ⁠X⁠. Related ⁠books⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check out our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠We Study Billionaires Starter Packs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try our tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance Tool⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠sponsors⁠⁠: Simple Mining HardBlock Human Rights Foundation Linkedin Talent Solutions Netsuite Shopify Vanta Abundant Mines Support our show by becoming a premium member! ⁠https://theinvestorspodcastnetwork.supportingcast.fm⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

The Benefit of Short-Term Returns Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In startup investing, many investors swing for the fences.   The goal is to make each investment a homerun. In most cases, home runs will take a substantial amount of time to complete. There are benefits to short-term investments in which the returns are smaller. Here are some benefits to consider: There's a psychological boost that comes from knowing you've had a return of capital. The returned cash can be recycled into a follow-on investment in a home run deal. Short-term returns are easier to fund. Home run deals are often difficult to get into due to investor demand. Short-term returns are easier to find. There are many startups that can return capital in three years or less. This can boost one's investment metric, such as an IRR, which includes time to return as part of the calculation. Consider both short and long-term return startups for your investment strategy.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _________________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

Is Your Apartment Roof a Hidden Goldmine? Stop Wasting 6-Figures in Potential Value! You're a multifamily operator focused on renovations and rent bumps, but our guest, Owen Madsen Barrett, reveals the secret CapEx move that's delivering 3x equity multiples and adding $100k+ in NOI without kicking out tenants.

Find me on Substack: https://bogumilbaranowski.substack.com/Matthew Peterson is the visionary founder and managing partner of Peterson Capital Management who leverages over 25 years of global financial experience, including a decade at Goldman Sachs, Morgan Stanley, and Merrill Lynch, to pioneer "structured value investing" - a sophisticated approach that combines classic value principles with options strategies to achieve superior returns while managing risk.EPISODE NOTES3:00 - Matthew shares his Minnesota upbringing and early financial curiosity, shuffling bank CDs for extra returns in the 1980s before understanding compounding5:30 - Wall Street experience at Goldman Sachs: "everybody was aligned, marching to the same beat" with 104-hour work weeks becoming "second family"8:15 - Introduction to structured value investing: using options as tools, not speculation, to buy stocks at better prices than traditional investors10:40 - Core strategy revealed: selling put contracts instead of market orders - "we say, I will commit to buying it for a hundred over the next year, but you have to pay us fifteen dollars"12:20 - Benefits explained: buying 20% cheaper creates massive IRR advantage over decades of compounding15:45 - Psychology advantage: options help value investors be more patient during early entry periods24:15 - Portfolio composition: seven core "infinite compounder" holdings including Berkshire Hathaway, designed to hold forever41:50 - 13F analysis strategy: monitoring 100+ value investors reduces 6,500 companies to just 400 prospects54:15 - Introduction to Alpha One AI platform providing comprehensive company analysis in 20 minutes1:02:25 - Structured dividend capture strategy for cash management1:11:15 - Success definition: "having the people that you want to love you, love you" - citing Warren Buffett's wisdomPodcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Interview with Frederick H. Earnest, President & CEO of Vista GoldOur previous interview: https://www.cruxinvestor.com/posts/from-mega-mines-to-lean-machines-rio2-ltd-vista-golds-blueprint-for-fast-track-gold-production-7298Recording date: 16th September 2025Vista Gold Corp (TSX:VGZ) presents a compelling investment opportunity through its strategic transformation of the Mt Todd Gold Project, Australia's second largest undeveloped gold asset and the largest not owned by an existing producer. The company's recent feasibility study represents a fundamental strategic pivot that has created enhanced economics, reduced capital requirements, and multiple pathways for value realization.The cornerstone of Vista Gold's investment thesis lies in its decision to redesign Mt Todd from a massive 50,000 ton per day operation requiring over $1 billion in initial capital to a more focused 15,000 ton per day operation with $425 million capex—a 59% reduction that makes financing significantly more achievable. This strategic shift prioritizes grade over volume, raising the cut-off grade from 0.35 g/t to 0.5 g/t, resulting in a 23% improvement in reserve grade while maintaining over 5 million ounces of gold reserves.The redesigned project delivers exceptional economics with an NPV5 of $1.1 billion using a conservative $2,500 gold price assumption. At $3,300 gold price, closer to current market levels above $3,600, the NPV increases to $2.2 billion with an IRR approaching 45%. The production profile shows consistent output of 153,000 ounces annually over the first 15 years, providing predictable cash flow generation that appeals to investors seeking stable gold exposure.The market has responded overwhelmingly positively to Vista Gold's strategic direction, with shares surging 133% from 93 cents to $2.17 following the July feasibility study publication. This appreciation reflects both the favorable gold price environment and increased recognition of the project's improved risk-reward profile, demonstrating investor confidence in management's strategic execution.Vista Gold's strategic approach provides investors with exposure to three distinct value realization scenarios: joint venture partnerships, potential sale or corporate transactions, and self-development. This optionality ensures the company can adapt to market conditions and capitalize on the most favorable outcome for shareholders. The reduced capital requirements have expanded the pool of potential joint venture partners, while the project's improved economics make it more attractive for corporate transactions.Mt Todd's unique positioning as Australia's largest undeveloped gold project not owned by a producer provides significant strategic value in the current consolidation environment. The project benefits from Australia's political stability, established mining infrastructure, and proximity to Asian gold demand centers, reducing development risk compared to emerging market alternatives.Vista Gold offers investors exposure to a premier undeveloped gold asset with management that has demonstrated strategic flexibility to optimize shareholder value. The combination of proven reserves exceeding 5 million ounces, enhanced project economics, reduced capital requirements, and multiple development pathways positions the company as an attractive vehicle for gold sector exposure. With gold prices providing substantial operational margins above feasibility study assumptions and strong market validation through share price appreciation, Vista Gold represents a compelling opportunity for investors seeking exposure to Australia's gold sector through a strategically positioned development company.View Vista Gold's company profile: https://www.cruxinvestor.com/companies/vista-gold-corporationSign up for Crux Investor: https://cruxinvestor.com

How Key Person Insurance Saved Joel Friedland's Real Estate Portfolio - #250 In this episode of The Real Estate Reserve Podcast, we sit down with Chicago industrial real estate investor Joel Friedland to hear how decades of investing, market cycles, and a high-stakes partnership shaped his conservative, debt-free investment philosophy. Joel started in industrial real estate syndications at just 22 years old, eventually building a portfolio of over 50 properties. Along the way, he experienced the highs of rapid growth, the pressures of the 2008 financial crisis with $70M in personal guarantees, and the painful reality of a partnership gone wrong. Through it all, key person insurance (also called keyman insurance) became the safety net that saved his business and his investors when tragedy struck. But Joel's story isn't just about survival—it's about lessons learned and how to build a portfolio designed to last. You'll hear: ✅ How Joel built his career in industrial real estate syndications ✅ The risks of personal guarantees, high leverage, and “saying yes” to the wrong deals ✅ Why he compares partnerships to marriage—and how ignoring red flags nearly cost him everything ✅ The 2008 financial crisis, seven banks pushing workouts, and what finally pushed him to adopt a no-debt/low-debt strategy ✅ How key person insurance and succession planning protect investors ✅ His current approach: debt-averse, small industrial buildings, long-term holds, and 7.5% preferred returns with investors ✅ Why he says IRR stands for “Irrelevant”—and why he focuses on cash flow and 14% average annual returns instead ✅ The importance of investor relationships, succession plans, and building a business you can sleep well at night with Joel also shares candid reflections on lifestyle creep, partnership struggles, and why “breaking up is hard to do” when you're living the good life—but necessary for long-term stability. Plus, you'll learn how he structures deals today, from raising 100% equity, to waterfalls and prefs, to creative solutions for investors who want to exit without selling a property. This is a masterclass in risk management, succession planning, and conservative industrial real estate investing. If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777  

In this company update, Cory Fleck is joined by Tim Clark, President & CEO of Fury Gold Mines  (TSX:FURY - NYSE:FURY), and Bryan Atkinson, SVP Exploration, to provide a comprehensive update on the company's projects and recent milestones. Discussion Highlights: Eau Claire Project (PEA Released Sept 2, 2025): Three development scenarios: standalone operation, hybrid toll milling, and full toll milling. Strong economics, including an after-tax IRR of 41% (base case) and up to 84% (toll milling case). Path toward a Pre-Feasibility Study (PFS) supported by 76% of ounces already in M&I categories. Exploration upside with mineralization open in all directions. Sakami Project (Drill Results - Aug & Sept 2025): Wide gold intercepts with higher-grade cores. Discovery of a silver zone grading 546 g/t Ag over 1.5m. Large-scale 23 km mineralized trend with multiple targets still to be tested. Committee Bay (2025 Drill Program): First drilling in years following Agnico Eagle's investment. Testing new shear-hosted targets at Three Bluffs and Raven. Results coming soon. With strong economics at Eau Claire, ongoing discovery at Sakami, and strategic exploration at Committee Bay, Fury is positioning itself for near- and long-term growth. For follow-up questions, email Cory at fleck@kereport.com.  -------------- For more market commentary & interview summaries, subscribe to our Substacks:  The KE Report: https://kereport.substack.com/   Shad's Resource Market Commentary: https://excelsiorprosperity.substack.com/ Investment Disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.

In this episode, we sit down with Alec McElhaney to break down his FlexSpace development strategy in Texas, covering land costs, phasing, leasing, and how he's structuring deals to hit a 22% IRR. Time Stamps: 0:00 ‑ Introduction 2:23 ‑ Who's Alec & What He's Building 4:00 ‑ What Is FlexSpace & How It Differs 6:00 ‑ Splitting Bays / Site Layout Details 7:01 ‑ Debt Structure & Equity Raising (506(c)) 9:05 ‑ Projected Returns & Phasing Strategy 10:25 ‑ Land Price + All‑In Cost Per Square Foot 12:11 ‑ Rent Projections & Triple Nets 14:27 ‑ How Alec Got Started in CRE 17:28 ‑ Where to Find More (Website + LinkedIn) Visit thecriterionfund.com and get involved today! Connect with Alec & his team at https://land-play.com/ CommercialRealEstate #FlexSpace #SpecDevelopment #CREInvesting #IndustrialRealEstate #LandPlay #TexasCRE #PhaseBuild #CREReturns #506cInvesting

Interview with Tim Clark, CEO, Fury Gold MinesOur previous interview: https://www.cruxinvestor.com/posts/fury-gold-mines-tsxfury-multi-asset-canadian-high-grade-gold-explorer-with-strong-financials-5957Recording date: 11th September 2025Fury Gold Mines has emerged as a compelling investment opportunity in the junior gold mining sector, presenting multiple pathways to value creation through its high-grade Eau Claire resource in Quebec and diversified portfolio approach. The company's recently released preliminary economic assessment demonstrates robust standalone economics with a $554 million net present value and 41% internal rate of return, based on conservative $2,400 gold pricing.What sets Fury apart from typical junior miners is its strategic toll milling optionality, which could dramatically enhance returns while reducing capital requirements. Located 50-60 kilometers from an underutilized processing facility, the company has modeled scenarios showing potential IRR increases to 84% under full toll milling arrangements. This flexibility addresses one of the primary challenges facing junior developers: substantial upfront capital expenditure.The company's financial strength provides significant competitive advantages through its $65 million equity position in Dolly Varden Silver Corporation and New York Stock Exchange listing, which grants access to US retail investors comprising two-thirds of the shareholder base. CEO Tim Clark emphasizes this positioning enables selective capital raising while maintaining disciplined dilution management of just 3-4% annually.Beyond the flagship Eau Claire project approaching 2 million ounces, Fury maintains additional growth catalysts including a partnership with Agnico Eagle on Committee Bay properties in Nunavut and recently acquired Quebec assets. The company also holds the only full feasibility study on an unbuilt rare earth project, adding further monetization potential.Despite recent 30% share price appreciation following the PEA release, Clark believes Fury remains significantly undervalued at $25 per ounce compared to peer averages of $50 per ounce. With sustained gold price strength driving renewed investor interest in quality junior miners, Fury appears positioned to capture disproportionate value as market recognition increases and development activities advance across its diversified portfolio.Learn more: https://www.cruxinvestor.com/companies/fury-gold-minesSign up for Crux Investor: https://cruxinvestor.com

What's the best Multifamily Investing Strategy for your goals? Gino Barbaro reveals how to stop chasing IRR and start building a plan that matches your time, capital, and risk—so you can grow cash flow and options.In this episode, Gino outlines a practical roadmap: set clear goals (extra income, retirement timeline, job optionality, tax planning), pick the right vehicle (syndication, JV, or creative financing), and reinvest early gains while keeping your day job to build equity. You'll learn how seller financing and strong partners can bridge capital gaps, why “Buy Right, Manage Right, Finance Right” is the durable framework, and how to weigh tax benefits without letting them drive the deal. We also compare syndication vs. JV and when each supports your Multifamily Investing Strategy. By the end, you'll know how to align deals with outcomes and use a repeatable Multifamily Investing Strategy to scale cash flow, equity, and long-term wealth.Connect with Gino Barbaro: gino@jakeandgino.com | wheelbarrowprofits.com We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today.Globex Mining (TSX: GMX) Operator Radisson reported multiple high-grade gold intercepts on ground where Globex holds a 2% NSR royalty at East O'Brien, including hits from ~200 m to ~1,400 m depth and deep step-outs that push mineralization ~300 m deeper. With four rigs turning, continued success could translate into future royalty cash flow for Globex without mine-build risk.Pan Global Resources (TSXV: PGZ) At the Cármenes Project in northern Spain, hole PVD06 cut 34.0 m at 3.01 g/t gold near surface, including 5.0 m at 8.93 g/t and 2.0 m at 15.18 g/t, extending mineralization ~70 m east. The zone remains open, and assays for step-out hole PVD07 are pending, adding near-term catalysts.Northern Superior (TSXV: SUP) Historical drilling on the new Hazeur property, 350–400 m west of the Philibert conceptual pit, returned 25.5 m at 1.10 g/t gold (incl. 1.7 m at 7.28 g/t), pointing to a 600 m western extension of the Red Fox zone. The company also added 2,100 ha north of Chevrier, bringing Chibougamau holdings to 70,000+ ha, with ~2,000 m of Philibert assays still to come.Nevada Lithium (TSXV: NVLH) Filed PEA for the Bonnie Claire project with after-tax NPV8% of US$6.83B, IRR of 32.3% and a 2.8-year payback. The plan outlines ~62,300 t/y lithium carbonate plus ~129,500 t/y boric acid over a potential 61-year life, with estimated operating costs of US$6,800/t (helped by the boric acid credit). Early-stage, but a notable U.S. lithium development story.NTG Clarity (TSXV: NCI) Announced C$10.9M in new purchase orders and renewals: C$1.4M from three new customers, C$9.5M in renewals/expansions, and C$2.9M in NTGapps software orders booked at 33% higher rates under a C$53M framework. Highlights growing software traction and stronger revenue visibility.Follow AGORACOM for more breaking small-cap news and updates — and subscribe to the AGORACOM Small Cap Podcast for our latest interviews.

Send us a text Best of B Shifter: The Initial Radio ReportThis fan-favorite episode—one of the most downloaded in B Shifter history—dives into what Chief Alan Brunacini called “probably one of the most important communications we transmit throughout an entire incident”: the Initial Radio Report (IRR).Nick Brunacini and Josh Blum break down why the IRR sets the tone for safety, coordination, and success on the fireground. Using real-world audio, they explore excellent examples from Colerain Township, Ohio, including strong dispatcher interaction, as well as a full IRR, follow-up, and command transfer from the Las Vegas Fire Department.The episode wraps up with a timeless lesson, as the crew pulls a card from Bruno's Timeless Tactical Truths deck and unpacks how it applies to today's incident commanders.If you want to sharpen your command skills with practical takeaways from the street, this “Best of B Shifter” episode delivers.Originally aired: October 19, 2021We want your helmet (for the AVB CTC)! Check this out to find out more: https://www.youtube.com/watch?v=Qg5_ZwoCZo0Sign up for the B Shifter Buckslip, our free weekly newsletter here: https://lp.constantcontactpages.com/su/fmgs92N/BuckslipShop B Shifter here: https://bshifter.myshopify.comAll of our links here: https://linktr.ee/BShifterWaldorf University articulates Blue Card training into credits! More here: https://waldorf.edu/lp/blue-card/

Interview with Joseph Ovsenek, President & CEO, and Ken McNaughton, CExpO of P2 Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/p2-gold-pgld-goldcopper-explorer-racing-to-production-3124Recording date: 27th August 2025P2 Gold Corp (TSXV:PGLD) is positioning itself as Nevada's next significant precious metals producer through its flagship Gabbs gold-copper project, led by veteran mining executives Joseph Ovsenek and Ken McNaughton who previously built Silver Standard from $10 million to $2.8 billion market capitalization.The company's updated Preliminary Economic Assessment demonstrates compelling project economics with a 21.6% internal rate of return and $300 million NPV at base case metal prices. At current spot prices, these metrics surge dramatically to 55-56% IRR and over $600 million NPV, highlighting the project's leverage to the current precious metals environment.The Gabbs project contains 3.5 million ounces of gold equivalent resources across four mineralization zones, comprising approximately 2 million ounces of gold and 1.5 million copper equivalent. This positions Gabbs to become the third or fourth largest gold deposit in Nevada, providing natural price hedging through its balanced precious-base metals profile.P2 Gold has achieved a critical metallurgical breakthrough through SART technology (Sulfidization, Acidification, Recovery, Recycling and Thickening), overcoming historical processing challenges that made the project uneconomic in the 1990s. The technology delivers 88% gold recovery and 67% copper recovery while dramatically improving leach kinetics from over 145 days to under 60 days.This technological advancement addresses the primary obstacle that previously prevented development - the interference between copper and gold in cyanide leaching. The SART process allows simultaneous recovery of both metals while regenerating cyanide, substantially reducing operating costs.Gabbs benefits from superior infrastructure including highway access, power lines crossing the property, and proximity to Hawthorne, an established mining town just 45 minutes away. These advantages eliminate typical remote mining challenges, reducing both capital expenditure and operational complexity while providing access to skilled workforce and services.The development plan envisions a 14.2-year mine life processing 9 million tons annually, beginning with oxide heap leaching to generate cash flow before constructing a conventional mill. With $365 million in pre-production capital and strong project economics, P2 Gold is advancing toward production in Nevada's mining-friendly jurisdiction with no anticipated permitting obstacles.View P2 Gold's company profile: https://www.cruxinvestor.com/companies/p2-goldSign up for Crux Investor: https://cruxinvestor.com

Daniel Angel of Apex Investments shares how he shifted from flips to ground-up construction, multifamily acquisitions, and a fixed-return Infinity Fund.In this episode of RealDealChat, Jack sits down with Daniel Angel, co-founder of Apex Investments, to discuss his journey from corporate finance to building a diversified real estate investment company in Atlanta.Daniel explains how Apex evolved from single-family renovations into ground-up construction, build-to-rent communities, and multifamily value-add acquisitions. He also introduces Apex's Infinity Fund, a fixed-return investment vehicle designed for accredited investors seeking certainty and flexibility.Key takeaways from this conversation include:Why Apex shifted from flips to ground-up construction projectsHow they balance “for sale” vs “for rent” housing productsThe pros & cons of single-family vs multifamily investingCommon distress points in multifamily acquisitions (and how to fix them)Why in-house property management is critical for long-term successThe Infinity Fund explained: fixed returns, shorter lockups, and investor flexibilityTrends in Atlanta's housing market and what to expect through 2025How Daniel leverages EOS and AI tools to scale efficiently

Most investors are playing the wrong game. Billionaires? They treat investing like a business. In this episode of Franchise Secrets, Erik Van Horn sits down with Bob Fraser—entrepreneur, investor, and author of Invest Like a Billionaire—to uncover how the ultra-wealthy think differently, avoid risk, and build generational wealth.   From bouncing back after losing millions to structuring investments for tax advantages and family legacy, Bob shares the insider strategies that institutional investors and billionaire families use—but almost no one talks about.   Whether you're an entrepreneur with cash on the sidelines, a franchise owner scaling up, or simply someone wanting to learn how to build lasting wealth, this conversation is packed with wisdom you won't hear from your average financial advisor.   TIMESTAMPS:   00:00 – Why billionaires treat investing like a business 02:05 – Spotting winners early & the power of resilience 04:47 – Bob's journey: dot-com boom to financial crash 06:30 – Why billionaires avoid the 60/40 portfolio trap 09:06 – The #1 mistake most investors make 12:38 – The overlooked superpower of private markets 17:02 – Liquidity planning & using lines of credit wisely 22:05 – Private credit: the most underused cashflow strategy 24:47 – Tax structures that can save millions 29:55 – Why you should always diversify outside your business 34:32 – Real estate cycles & how to spot good deals 39:42 – How smart investors evaluate deals beyond IRR 44:31 – Building generational wealth & family meetings 47:36 – Teaching kids (and grandkids) to steward money 50:23 – Where to get Bob's book Invest Like a Billionaire   Connect with Erik Van Horn:

Are you still hearing people say “pencils down”? Let's get real—if you're in this game, you can't afford to step back from underwriting. In today's episode, Nico breaks down why the “pencils down” mindset is a rookie move, and why sharpening your underwriting skills through every cycle is what separates real players from pretenders. You'll learn: What “pencils down” actually means—and why it's dangerous for investors Why underwriting deals daily keeps you sharp and market-aware The key metrics every investor should master (cash-on-cash, IRR, AAR, equity multiple) How refinances can fuel your returns—tax free Why Nico's Multifamily Deal Blade is designed to help you underwrite every deal with clarity and confidence Whether the market is up, down, or sideways—you can't sit this one out. Stay informed, stay dangerous, and keep sharpening your axe.

In this episode of Yet Another Value Podcast, host Andrew Walker welcomes back recurring guest Artem Fokin for a wide-ranging discussion on perfecting the craft of investing. Skipping individual stock pitches, they explore long-term process improvements, the role of AI in research, and how expert calls have changed their approach. Artem and Andrew debate the statistical validity of track records, the impact of conviction borrowing, and the future of market efficiency in an AI-driven world. Listeners will also hear how Artem's investment focus evolved over the past decade, and why understanding customer-level value is now at the core of his process.See the follow on webinar on AI and expert calls here__________________________________________________________[00:00:00] Andrew introduces episode and Artem[00:03:07] Perfecting the investing craft[00:05:26] Bannister effect in investing[00:06:45] Inspiration from investor track records[00:10:40] Concentration and statistical significance[00:16:45] Bitcoin investor vs. great allocator[00:19:11] Betting on long-term outliers[00:22:43] Power laws and convexity[00:25:17] Will AI dumb down markets?[00:32:37] Market becoming more consensus[00:34:36] AI pricing medium-term alpha[00:39:06] Democratizing research tools[00:46:54] Early edge in illiquid stocks[00:48:55] Artem's biggest process change[00:52:48] Can customer feedback mislead?[00:56:09] Golf clubs and process analogy[00:59:11] Avoiding groupthink and conviction leaks[01:03:39] Know who's pitching the idea[01:06:25] IRR-driven sizing pitfalls[01:10:38] Penalizing leverage in rankingsLinks:Yet Another Value Blog: https://www.yetanothervalueblog.com See our legal disclaimer here: https://www.yetanothervalueblog.com/p/legal-and-disclaimer

Gary Lipsky is the president of Break of Day Capital, an investment firm that specializes in multi-family real estate in Arizona. Gary brings a 20+ year track record in the real estate space and has completed more than $300M of transactions over his career. Gary is also the host of the Real Estate Investor Podcast, where he interviews industry experts to provide broad range education to investors. He is also the best-selling author of Best in Class, founder of the Asset Management Summit, and a guest speaker featured at many prominent conferences. Connect with Gary: breakofdaycapital.com  Highlights: 02:55 – How Gary's entrepreneurial roots and first house hack in Los Angeles planted the seed for a multifamily career. 04:10 – Current challenges in Arizona 06:00 – Why today's market offers opportunity 09:50 – Outsourcing property management 12:45 – Experimenting with AI for investor communications, research, marketing 19:00 – The capital raising challenge 21:10 – Advice to LPs: focus on the operator's track record and discipline   Quote: “If a deal sounds too good to be true, it probably is. Don't chase IRR or bonus depreciation—chase a good operator, and everything else will work out.”   Recommended Resources: Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club! If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team.  Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com.  Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Wars, market chaos, and uncertainty? Vinney Chopra is more liquid than ever

On this episode of Beyond Multifamily, Amanda Cruise and Ash Patel interview Mike Kron, founder of Guardian Advisory, to discuss his launch of a $100 million private equity fund focused on single tenant net lease (STNL) retail assets. Mike shares why he believes now is a prime time to buy these Amazon-resistant properties due to the anticipated drop in interest rates and how his fund strategy leverages long lease terms, high-credit tenants, and minimal management overhead. He explains the 18% IRR projection, capital-raising tactics, and why he's prioritizing stability and investor-friendly structures over flashier value-add opportunities for Fund One. The conversation also touches on the future of retail, the return of bonus depreciation, and how institutional investors factor into his long-term exit strategy. Mike Kron Current role: Founder of Guardian Advisory Based in: Los Angeles, CA Say hi to them at: mike@guardian-advisory.com or visit guardianatlease.com Visit investwithsunrise.com to learn more about investment opportunities.  Join the Best Ever Community  The Best Ever Community is live and growing - and we want serious commercial real estate investors like you inside. It's free to join, but you must apply and meet the criteria.  Connect with top operators, LPs, GPs, and more, get real insights, and be part of a curated network built to help you grow. Apply now at ⁠www.bestevercommunity.com⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices

Wondering how to grow a resilient multifamily real estate portfolio while minimizing risk? In this episode, Dustin Miles reveals how he evolved from flipping houses to leading multifamily syndications, why strategic location and healthy cash reserves are critical, and the key lessons he's learned managing thousands of units. Whether you're just getting started or looking to scale, this conversation delivers actionable insights from a seasoned expert.   Key Takeaways To Listen For The power of starting small and patient in multifamily investing Early mistakes that taught Dustin the power of pivoting Franchising principles you can apply to multifamily operations What to look for in location, property age, and unit count Current market dynamics and where the best opportunities are today Resources/Links Mentioned In This Episode Cancer Care Services University of Texas at Austin Lifestyles Unlimited Rockstar Capital    Asset Living RealPage    Community Crime Map Atomic Habits by James Clear | Kindle, Hardcover, and Perfect Paperback Courage Is Calling by Ryan Holiday | Kindle, Hardcover, and Paperback   About Dustin Miles Dustin is the Principal and Managing Partner at Momentum Multifamily, a real estate investment firm focused on acquiring and operating high-performing multifamily assets. With over 15 years of industry experience, he has consistently identified and executed value-driven opportunities that deliver strong returns. Under his leadership, Momentum has acquired more than 1,550 units with a total capitalization of approximately $241 million. Before co-founding Momentum, Dustin independently acquired over 1,400 units totaling approximately $96 million. Over the course of his career, he has successfully exited around 1,000 units with an average IRR exceeding 30% and a 2.3x equity multiple. At Momentum, Dustin leads the firm's strategic vision, acquisitions, and asset management initiatives.   Connect with Dustin Website: Momentum Multifamily LinkedIn: Dustin Miles Instagram: @dustin.miles Meetup: MOMENTUM - Multifamily Investor Group   Connect With UsIf you're looking to invest your hard-earned money into cash-flowing, value-add assets, reach out to us at https://bobocapitalventures.com/.   Follow Keith's social media pages LinkedIn: Keith Borie Investor Club: Secret Passive Cashflow Investors Club Facebook: Keith Borie X: @BoboLlc80554

In a market flooded with pitch decks and pro forma promises, what actually drives durable returns in private real estate?  In this episode, Jim sits down with Jacob Vanderslice of VanWest Partners to dissect the operational backbone of self-storage, the risks behind the spreadsheets, and why real investors focus on downside protection more than projected upside. Key Takeaways: Self-storage is an operating business. With granular rent streams, month-to-month leases, and retail-level management, it's not just real estate—it's operations. Cycles expose weak decisions. Jacob shares how forced timing, tax pressures, and poor planning can destroy returns—and how to avoid those traps. The right questions matter. A good pitch isn't enough. Investors should ask about worst-case outcomes, not just IRR targets. Self-storage may look simple from the outside, but as Jacob Vanderslice makes clear, consistent returns come from disciplined operations, not market timing. W hether you're using Infinite Banking or other private capital strategies, the message is the same: know your operator, understand the risks, and focus on long-term execution—not short-term projections. Connect with Jacob Vanderslice: Website: www.vanwestpartners.com/ Linkedin: www.linkedin.com/in/jacob-vanderslice-02905b16b/  

In this powerhouse episode of The Money Mondays, Dan Fleyshman brings together two incredible entrepreneurs who are reshaping the way people build wealth, invest capital, and give back.• Gary Lipsky, founder of Break of Day Capital, shares how he went from producing indie films and running youth programs to managing $100M+ in real estate assets. He breaks down real estate syndications, how to spot red flags, and why passive investing is one of the smartest wealth plays for busy professionals.• Douglas James, a Navy veteran turned tech founder, walks through his evolution from lead generation agency owner to co-creator of LeadFi, a cutting-edge platform using proprietary data and AI to supercharge high-ticket sales. He opens up about losing 8 figures, hitting rock bottom, and rebuilding with faith, focus, and purpose.In this episode you'll learn:• Why hands-off real estate investing creates true freedom• How to evaluate IRR, cash flow, and cap rates in deals• The power of AI and real-time data for qualifying leads• What both men teach their kids about charity and legacy• Why neither plans to hand over massive wealth to their children without preparationFrom real estate to revenue tech, this episode is a blueprint for how to make, grow, and give money, with purpose.Like this episode? Watch more like it