Podcasts about Jay Gould

Chris Whalen, chairman of Whalen Global Advisors and author of The Institutional Risk Analyst blog and author of "Inflated: Money, Debt and the American Dream," returns to the show with a monthly update on markets and the economy.Sponsors: Monetary Metals. https://monetary-metals.com/julia Kalshi: https://kalshi.com/juliaIn this episode, Whalen argues the Fed's easy money era is over, with no rate cuts coming this year and traditional monetary policy failing to help Main Street. He warns of a "silent subprime crisis" brewing in multifamily real estate and sees stagflation ahead - low growth with persistent inflation eating away at real purchasing power. Whalen advocates for gold as protection against currency debasement and explains why recession odds have dropped to 27% despite structural economic challenges from commercial real estate to student loan repayments as pandemic-era programs wind down.Links:    Twitter/X: https://twitter.com/rcwhalen    Website: https://www.rcwhalen.com/    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/   Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Timestamps:00:10 - Introduction of Chris Whalen 02:11 - Big picture market outlook and elevated interest rates 04:30 - No rate cuts coming this year discussion 05:38 - Trump's "big beautiful bill" and Senate dynamics 06:17 - Fed balance sheet reduction and inflation persistence 08:02 - Silent subprime crisis in multifamily real estate 09:13 - Mixed bag stock market outlook explanation 10:42 - Recession probability13:20 - Real estate opportunities and putting deals together 14:04 - Jay Gould and Jim Fisk arbitrage between gold and paper 16:57 - Fed's 2% inflation policy and its impact on savers 18:20 - Gold as anti-dollar hedge discussion 19:38 - Fall of fiat and return to sound money debate 21:00 - Why dropping rates no longer stimulates Main Street 22:13 - Chris's proposal to freeze government spending 24:11 - Banking system fluff and lack of credit demand 25:46 - Real vs nominal growth and stagflation 27:43 - Fannie Mae and Freddie Mac conservatorship discussion 30:00 - Closing thoughts and where to find Chris's work

When Shakespeare asked, "What's in a name?", he clearly wasn't talking about financial accounts, because the way we title our accounts has great bearing over who controls them, the limits of that control, and their tax treatment. Nathan and Steve take us through some scenarios that highlight the importance of being intentional about the types of accounts you open, and how you choose to tile them. Also, on our MoneyTalk Moment in Financial History Nathan and Daniel tell the infamous story of one of the first major US railroads, the Eerie, and the war that ensued between Cornelius Vanderbilt, Daniel Drew, James Fisk and Jay Gould. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Special Guest: Daniel Sowa; Air Date: 5/14/2025; Original Air Date: 1/8/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

In the late 19th century, the industrial elite had a heavy hand in American politics, and this corrupt relationship created opportunity for the few at the top to amass vast sums of wealth, if they played their cards right. On this edition of our MoneyTalk Moment in Financial History, Nathan and Daniel tell the story of Black Friday 1869, when railroad magnate, Jay Gould, attempted to manipulate President Ulysses S Grant to corner the gold market. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Guest: Daniel Sowa; Air Date: 3/12/2025. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

Each year on Black Friday American shoppers spend billions of dollars on goods, but what you may not know is that the original Black Friday was anything but a boon for the economy. On this edition of our MoneyTalk Moment in Financial History, Nathan covers the events of Black Friday 1869, the historic market crash driven by plummeting gold prices, and the greed and ambition of one of the wealthiest and most infamous characters of the time, Jay Gould. Host: Nathan Beauvais CFP®, CIMA®; Air Date: 1/15/2025; Original Air Date: 8/14/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk to join the conversation!See omnystudio.com/listener for privacy information.

On this episode of the Prophecy News Podcast, on a Podcast a few weeks back, we said this “Elon Musk is Cornelius Vanderbilt, Andrew Carnegie, Henry Flagler, Jay Gould, John D. Rockefeller, and J.P. Morgan all rolled into a single person.” That has aged really well, but let's add a tweak. None of those men had the Oval Office. I am not talking about access to the Oval, or influence in the Oval , I am talking about having the Oval Office and Musk has it in his pocket. In 2016, Donald Trump did not need help to become president, he was a force of nature all on his own. But this time around is different, this time Trump's way was prepared for him, purchased for him by Elon Musk, it's a ‘bicycle built for two' as the old song goes. On the one hand, America could be entering into a time of unprecedented peace and prosperity, but with all the turbulence raging across the globe that's probably not likely. And yes, the markets will react favorably, but the US is under a literal mountain of debt. Hello, crypto? On the other hand, Elon Musk could actually be setting the stage for the New World Order to finally take control of it all. Just remember one thing, the biblical Mark of the Beast is a piece of technology implanted inside your body that controls all buying and all selling. Human implantable technology and finance is the beating heart of Elon Musk's wheelhouse. Did you know that the name ‘Elon' is a Bible name and it means ‘mighty oak'? One thing is for sure, the ride has begun and it's gonna be wild. On this episode of the Prophecy News Podcast, we tell you all about it plus updates on the drones and the latest from Israel.

The History Behind Black Friday Black Friday, the day after Thanksgiving in the United States, has evolved into one of the most significant shopping days of the year, but its history has a few twists. The term "Black Friday" originally had negative connotations. In the 1860s, it was first associated with a financial crisis: two Wall Street financiers, Jay Gould and Jim Fisk, attempted to corner the gold market, causing a market crash on September 24, 1869, which was dubbed "Black Friday." The term "Black Friday" as we know it today began in the 1950s in Philadelphia. Police officers and bus drivers used it informally to describe the chaotic day after Thanksgiving, when the city would be packed with shoppers and tourists arriving for the Army-Navy football game held on the following Saturday. The traffic jams, crowded sidewalks, and uptick in shoplifting kept officers working overtime, making it a "black" day for the police. In the 1980s, retailers sought to redefine the term with a more positive spin. They linked Black Friday to the idea of stores "going into the black," or turning a profit, thanks to the start of the holiday shopping season. Traditionally, retailers operated at a loss (or "in the red") from January to November, and they began making their annual profit, or going "in the black," in late November when holiday shopping started. This rebranding was successful, and "Black Friday" became widely accepted as a day of deals and discounts. Over time, Black Friday has grown, both in terms of hours (with stores opening earlier each year) and in significance. By the early 2000s, it became the biggest shopping day of the year in the United States. The advent of online shopping and the introduction of "Cyber Monday" in 2005 added a new dimension to holiday sales, allowing consumers to continue shopping for deals online. Today, Black Friday is known for its deep discounts and big sales, often stretching over several days or weeks in some stores, with deals beginning as early as October in recent years. However, its growth has also sparked discussions around consumerism, workers' rights, and the strain on retail employees required to work extended hours during the holiday season. Despite these discussions, Black Friday remains a cultural phenomenon and a kickoff to the holiday shopping season, celebrated by many as an opportunity for savings and gift-buying, marking a unique moment in American retail history. How to connect with AgileDad: - [website] https://www.agiledad.com/ - [instagram] https://www.instagram.com/agile_coach/ - [facebook] https://www.facebook.com/RealAgileDad/ - [Linkedin] https://www.linkedin.com/in/leehenson/

What I learned from rereading James J. Hill: Empire Builder by Michael P. Malone. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the ability to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Notes and highlights from the episode: —He had unlimited energy, was stubborn, had a temper, was supremely arrogant and he did more to transform the northern frontier of the United States than any other single individual.—One of the things he learned from history and biography: The power of one dynamic individual: Like so many other nineteenth-century youths, young Jim Hill fell under the spell of Napoleon. He came to believe in the strength of will, the power of one dynamic individual to change the world, the conquering hero. (He says that the railroad entrepreneurs conquered the distance between remote communities in the American west)—He accustomed himself to handle a large workload.—If you want to know whether you are destined to be a success or a failure in life, you can easily find out. The test is simple and it is infallible: Are you able to save money? If not, drop out. You will lose. You may think not, but you will lose as sure as you live. The seed of success is not in you. –James J. Hill—He held people's attention as he engaged them in characteristic rapid-fire, highly animated conversation, gesturing expansively and driving home his point with jabbing motions of his hands—the embodiment of high energy.—He worked incredibly hard, sometimes laboring late into the night, falling asleep at the desk, then getting up for a swim in the river and a cup of black coffee, then going back to work.—“Rebates existed in other industries. I just applied them to oil.” Rockefeller said. [Don't copy the what, copy the how]  —John D: The Founding Father of the Rockefellers by David Freeman Hawke. (Founders #254)—"The very best employee at any job at any level of responsibility is the person who generally believes that this is their last job working for someone. The next thing they'll start will be their own. — Max Levchin in The Founders: The Story of PayPal and the Entrepreneurs Who Shaped Silicon Valley by Jimmy Soni. (Founders #233)—Hill drank little, worked hard, and confined his socializing to respectable settings. As always, he read incessantly. He permitted himself few distractions in his relentless drive to achieve wealth and status.—Inefficiency disturbs him greatly.—James J. Hill loved eliminating steps.—Genius has the fewest moving parts.—Hill limited the number of details. Then he makes every detail perfect.—Hill called vertical integration, rational integration.—Hill always gets out quickly in front of the emerging trend.—Hill had an entirely pragmatic business personality. When competition suited him in a market, he competed fiercely. But when competition became wasteful to him, he did not hesitate to end it, even if this meant joining with old enemies and creating a monopoly.—Hill was making profits owning steamboats. Then a competitor from Canada starts running the same route and the rates and profits dwindle. Hill discovers a neglected maritime law that prohibited foreign ships from operating in American waters. Hill then persuades the US Treasury Department to enforce the law against his competitor. The competitor has to transfer ownership to an American. After that Hill then merges with that competitor and forges another monopoly.—This railroad is my monument. — James J Hill—As man emerged into history, he became a road maker; the better the road, the more advanced his development. — James J. Hill.—By 1885 Railroads brought in twice the revenue than the federal government.Railroads were the nations largest employer.The railroaders were the largest private land holders in the country.They owned more than 10% of land in the United States.—Hill identified an opportunity hiding in plain sight: Unlike most who viewed the Saint Paul and Pacific as a near-worthless derelict, Hill viewed it as a miracle waiting to happen, a potentially wondrous enterprise simply lacking competent leadership. He studied the road constantly, reading every scrap of information he could find about it and boring anyone who would listen with endless detail as to what it could one day be.—He possessed a priceless advantage compared with most other nineteenth-century rail titans. Rather than coming from the outside world of finance, as most of them did, he arose from the inside world of freighting and transportation, and he knew this world in all its complexities. He was about to demonstrate how certain well-established, regional capitalists on the frontier could challenge and even best larger eastern interests.—Being obsessed is an edge. Hill was obsessed getting control of the bankrupt Saint Paul & Pacific rail line:  Hill, who knew the road better than anyone else, constantly argued to his friends, the potential prize defied description. He seemed completely fixated on the project. Many years later, his friend recalled that Jim had spoken of it to him “probably several hundred times” during the mid-1870s.—James J. Hill finds what he is best at in the world at, at 40 years old, in a field where he had no direct experience.—“It pays to be where the money is spent” — James J Hill—James J. Hill was very easy to interface with. He had an easy to understand organizing principle for his company. Hills credo: What we want is the best possible line, shortest distance, lowest grades, and least curvature that we can build.—He had appreciation for those who had dirt underneath their fingernails.—Many observers would later compare Hill with Villard. The comparison was inevitable. “While Hill was building carefully and checking his costs minutely Villard built in ignorance of costs.” Like other transcontinental plungers, Villard did in fact build rapidly and poorly, much of his main line would later have to be torn up and rebuilt. He had rushed to get the massive land grants. Amid mounting deficits and acrimony, Villard was then forced to resign the presidency of the NP in 1884.—Find what you are good at and pound away at it forever.—He simply could not delegate authority and live with the outcome.—Hill on how to build a railroad: Work, hard work, intelligent work, and then more work. — James J Hill.—They managed the finances of the railroad in a highly conservative and prudent manner.  Hill advocated and practiced a policy of plowing large percentages of profits directly back into the property, knowing that the best defense against invading railroads was a better-built system that could operate at lower rates.—Give me Swedes, snuff and whiskey, and I'll build a railroad through hell. — James J. Hill—From the Hour of Fate: James J. Hill had built the Great Northern with deliberate thrift and brutal efficiency. His railroad would become among the most profitable in the Northwest. He didn't need JP Morgan the way other railroad executives did. (Financial strength was kryptonite to JP Morgan)—He cared most about freight, never frills.—The life of James J. Hill certainly demonstrates the impact one willful individual can have on the course of history.—I've made my mark on the surface of the earth and they can't wipe it out. — James J Hill.----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

On this episode of the Prophecy News Podcast, we are looking at the most powerful and influential billionaire of the modern era, Elon Musk. He is a man who dreamed huge dreams as a child, and as an adult is watching all of them come to pass. Elon Musk is a man who loves rockets, so he built a company, SpaceX, which is more powerful than NASA. He is a man is on the verge of perfecting the fully-autonomous vehicle with Tesla. He is a man who created Neuralink to implant microchips into people's brains. He is a man who has literally surrounded the Earth with his Starlink internet satellites in Outer Space. He is a man who owns the largest news outlet in the world, X. He is a man who just helped to install Donald Trump as the 47th president of the United States, and will serve in the proposed Department of Government Efficiency, also called DOGE. He is Cornelius Vanderbilt, Andrew Carnegie, Henry Flagler, Jay Gould, John D. Rockefeller, and J.P. Morgan all rolled into a single person. On this episode of the Prophecy News Podcast, we are not shouting ‘the Martians are coming!!', we are asking if they are already here.

What I learned from rereading Random Reminiscences of Men and Events by John D. Rockefeller. ----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----Notes and highlights from the episode: It has not been my custom to press my affairs forward into public gaze. (Bad boys move in silence)My favorite biography on Rockefeller John D: The Founding Father of the Rockefellers by David Freeman Hawke. (Founders #254)Secrecy covered all of his operations.Taking for granted the growth of his empire, he hired talented people as found, not as needed. — Titan: The Life of John D. Rockefeller by Ron Chernow. (Founders #248) We had been frank and aboveboard with each other. Without this, business associates cannot get the best out of their work.Rockefeller said Jay Gould was the best businessman he knew. Jay Gould books and episodes: American Rascal: How Jay Gould Built Wall Street's Biggest Fortune by Greg Steinmetz (Founders #285) and Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr. (Founders #258) "If I have to choose between agreement and conflict, I'll take conflict every time. It always yields a better result." — Jeff BezosIt's a pity to get a man into a place in an argument where he is defending a position instead of considering the evidence. His calm judgment is apt to leave him, and his mind is for the time being closed, and only obstinacy remainsI like doing deals with the same people. You get to know each other and build a mutual sense of trust. Today, a lot of what I do originates from associations that go back ten, twenty, thirty, even forty years. — Am I Being Too Subtle?: Straight Talk From a Business Rebel by Sam Zell.Writing a check separates conviction from conversation. — Warren BuffettWe had with us a group of courageous men who recognized the great principle that a business cannot be a great success that does not fully and efficiently accept and take advantage of its opportunities. (Do everything and you will win)Such was Rockefeller's ingenuity, his ceaseless search for even minor improvements. Despite the unceasing vicissitudes of the oil industry, prone to cataclysmic booms and busts, he would never experience a single year of loss. — Titan: The Life of John D. Rockefeller by Ron Chernow. (Founders #248)Last Train to Paradise: Henry Flagler and the Spectacular Rise and Fall of the Railroad that Crossed an Ocean by Les Standiford. #247 Henry Flagler (Rockefeller's Partner)Rockefeller on the impact Henry Flagler had on the beginning of Standard Oil: He always believed that if we went into the oil business at all, we should do the work as well as we knew how; that we should have the very best facilities; that everything should be solid and substantial; and that nothing should be left undone to produce the finest results. And he followed his convictions of building as though the trade was going to last, and his courage in acting up to his beliefs laid strong foundations for later years. (Build a first class business in a first class way)Young people should realize how, above all other possessions, is the value of a friend in every department of life without any exception whatsoever.When you recruit A players you don't tell them here's 5 things I want you to focus on. Here's your top 10 priorities. NO. You've got one priority. Destroy that priority. Do it more than anybody else possibly will. (Henry Flagler's main priority was controlling the cost of transportation.)Larry Ellison: You don't want turnover on your core product team. Knowledge compounds. Don't interrupt the compounding. — Softwar: An Intimate Portrait of Larry Ellison and Oracle by Matthew Symonds. (Founders #124) We were accustomed to prepare for financial emergencies long before we needed the funds. (Keep a fortress of cash)It is impossible to comprehend Rockefeller's breathtaking ascent without realizing that he always moved into battle backed by abundant cash. Whether riding out downturns or coasting on booms, he kept plentiful reserves and won many bidding contests simply because his war chest was deeper. — Titan: The Life of John D. Rockefeller by Ron Chernow. (Founders #248)I learned to have great respect for figures and facts, no matter how small they were.This casual way of conducting affairs did not appeal to me.As our successes began to come, I seldom put my head upon the pillow at night without speaking a few words to myself: "Now a little success, soon you'll fall down, soon you'll be overthrown. Because you've got a start, you think you're quite a merchant; look out, or you will lose your head—go steady." These intimate conversations with myself had a great influence on my life. I was afraid I couldn't stand my prosperity, and tried to teach myself not to get puffed up with any foolish notions. (If you go to sleep on a win you'll wake up with a loss)I hope they were properly humiliated to see how far we had gone beyond their expectations. (Chips on shoulders put chips in pockets) 98 percent of our attention was devoted to the task at hand. We are believers in Carlyle's Prescription, that the job a man is to do is the job at hand and not see what lies dimly in the distance. — Charlie Munger in Buffett: The Making of an American Capitalist by Roger Lowenstein. (Founders #182) Rockefeller on Standard Oil stock: Sell everything you've got, even the shirt on your back, but hold on to the stock.All business proceeds on belief: Trying to run a company without a set of beliefs is like trying to steer a ship without a rudder. — Four Seasons: The Story of a Business Philosophy by Isadore Sharp (Founders #184)  Rockefeller on his “unintelligent competition”: We had the type of man who really never knew all the facts about his own affairs. Many kept their books in such a way that they did not actually know when they were making money or when they were losing money.A few weeks later, the newspapers announce his new partnership—revealing who had backed his bid—and the news that Rockefeller is, at twenty-five, an owner of one of the largest refineries in the world. On that day his partners “woke up and saw for the first time that my mind had not been idle while they were talking so big and loud,” he would say later. They were shocked. They'd seen their empire dismantled and taken from them by the young man they had dismissed. Rockefeller had wanted it more.  — Conspiracy by Ryan Holiday At best it was a speculative trade, and I wonder that we managed to pull through so often; but we were gradually learning how to conduct a most difficult business.A blueprint for success in any endeavor: Low prices to the customer. Root out any inefficiency. Pay for talent. Control expenses. Invest in technology.We devoted ourselves exclusively to the oil business and its products. The company never went into outside ventures, but kept to the enormous task of perfecting its own organizationThe fastest way to move a dial is narrow the focus. People naturally resist focus because they can't decide what is important. Therein lies a problem: people can typically tell you after some deliberation what their top three priorities are, but they struggle to decide on just one. What is too much and what is too little focus? Do you ever even discuss this? Most teams are not focused enough. I rarely encountered a team that employed too narrow an aperture. It goes against our human grain. People like to boil oceans. Just knowing that can be to your advantage. When you narrow focus, you are increasing the resourcing on the remaining priority. —  Amp It Up by Frank Slootman Two people can run the same business and have vastly different results: Perhaps it is worth while to emphasize again the fact that it is not merely capital and "plants" and the strictly material things which make up a business, but the character of the men behind these things, their personalities, and their abilities; these are the essentials to be reckoned with. When it comes to competition, being one of the best is not good enough. Do you really want to plan for a future in which you might have to fight with somebody who is just as good as you are? I wouldn't. — Jeff Bezos in Invent and Wander: The Collected Writings of Jeff BezosDon't even think of temporary or sharp advantages. Don't waste your effort on a thing which ends in a petty triumph unless you are satisfied with a life of petty success.Study diligently your capital requirements, and fortify yourself fully to cover possible set-backs, because you can absolutely count on meeting setbacks.Do not to lose your head over a little success, or grow impatient or discouraged by a little failure.Know your numbers. You need to know your business down to the ground.Money comes naturally as a result of service (Henry Ford)Don't do anything that someone else can do (Edwin Land)The man will be most successful who confers the greatest service on the world.Commercial enterprises that are needed by the public will pay. Commercial enterprises that are not needed fail, and ought to fail.Dedicate your life to building something that contributes to the progress and happiness of mankind.----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Each year on Black Friday American shoppers spend billions of dollars on goods, but what you may not know is that the original black Friday was anything but a boon for the economy. On this edition of our MoneyTalk Moment in Financial History, Nathan covers the events of Black Friday 1869, the historic market crash driven by plummeting gold prices, and the greed and ambition of one of the wealthiest and most infamous characters of the time, Jay Gould. Hosts: Nathan Beauvais CFP®, CIMA® & Steven Beauvais; Air Date: 8/14/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.

Like the show? Send us a text message on what you liked.What do you know about Jay Gould's life, and how does he compare to the other robber barons of his day? More importantly, is his life worth examining?Mark discusses Gould's upbringing in this book review, which influenced his desire to be rich. Learn about one of the most significant market corners on Wall Street and the man who helped to create America's economic expansion during the internet era of his day.The Growth GearExplore business growth and success strategies with Tim Jordan on 'The Growth Gear.Listen on: Apple Podcasts Spotify

An update on Scott Walker's legacy, on the We Rise Fighting podcast Today's labor history: The Homestead Strike Today's labor quote: Jay Gould @wpfwdc @AFLCIO #1u #UnionStrong #LaborRadioPod Proud founding member of the Labor Radio Podcast Network

What I learned from reading Cinema Speculation by Quentin Tarantino. ----Get access to the World's Most Valuable Notebook for Founders at Founders NotesSome questions other subscribers asked SAGE: I need some unique ideas on how to find new customers. What advice do you have for me?What are some strategies that Cornelius Vanderbilt used against his competitors?How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me more ideas about how to avoid competition from Peter Thiel?Have any of history's greatest founders regretted selling their company?What is the best way to fire a bad employee?How did Andrew Carnegie know what to focus on?Why was Jay Gould so smart?What was the biggest unlock for Henry Ford?Can you give me a summary of Warren Buffetts best ideas?If Charlie Munger had a top 10 rules for life what do you think those rules would be?What did Charlie Munger say about building durable companies that last?Tell me about Cornelius Vanderbilt. How did he make his money?Every subscriber to Founders Notes has access to SAGE right now. Get access here. ----Follow Founders Podcast on YouTube ----(9:00) Tarantino is possibly the most joyously infectious movie lover alive.(14:00) On the ride home, even if I didn't have questions, my parents would talk about the movie we had just seen. These are some of my fondest memories.(14:00) He has a comprehensive database of the history of movies in his head.(17:00) The Futurist: The Life and Films of James Cameron by Rebecca Keegan and The Return of James Cameron, Box Office King by Zach Baron (Founders #311)(25:00) Robert Rodriguez interviews Quentin Tarantino in the Director's Chair (26:00) Like most men who never knew their father, Bill collected father figures. (Kill Bill 2)(27:00) When people ask me if I went to film school, I tell them, No, I went to films.(29:00) Invest Like the Best #348 Patrick and John Collision (31:00) Tarantino made his own Founders Notes [Comparinig himself and another director] Nor did he keep scrapbooks, make notes, and keep files on index cards of all the movies he saw growing up like I did.(32:00) Napoleon and Modern War by Napoleon and Col. Lanza. (Founders #337)(41:00) On Spielberg and greatness: Steven Spielberg's Jaws is one of the greatest movies ever made, because one of the most talented filmmakers who ever lived, when he was young, got his hands on the right material, knew what he had, and killed himself to deliver the best version of that movie he could.(46:00) I've always approached my cinema with a fearlessness of the eventual outcome. A fearlessness that comes to me naturally.(51:00) The Big Score: Robert Friedland and The Voisey's Bay Hustle by Jacquie McNish (Founders #131)(51:00)Tarantino's top 8 movies have cost around $400 million to make and made about $1.9 billion in box office salesPulp Fiction$8 million$213 millionJackie Brown$12 million$74 millionKill Bill 1$30 million$180 millionKill Bill 2$30 million$152 millionInglorious Basterds$70 million$321 millionDjango Unchained$100 million$426 millionThe Hateful 8$60 million$156 millionOnce Upon A Time In Hollywood$90 million$377 million(58:00) What made Kevin Thomas so unique in the world of seventies and eighties film criticism, he seemed like one of the only few practitioners who truly enjoyed their job, and consequently, their life. I loved reading him growing up and practically considered him a friend.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

What I learned from reading Eternal Pursuit of Unhappiness: Being Very Good Is No Good,You Have to Be Very, Very, Very, Very, Very Good by David Ogilvy and Ogivly & Mather. ----Get access to the World's Most Valuable Notebook for Founders at Founders NotesSome questions other subscribers asked SAGE: I need some unique ideas on how to find new customers. What advice do you have for me?What are some strategies that Cornelius Vanderbilt used against his competitors?How did Edwin Land find new employees to hire? Any unusual sources to find talent?What are the most important leadership lessons from history's greatest entrepreneurs?Can you give me more ideas about how to avoid competition from Peter Thiel?Have any of history's greatest founders regretted selling their company?What is the best way to fire a bad employee?How did Andrew Carnegie know what to focus on?Why was Jay Gould so smart?What was the biggest unlock for Henry Ford?Can you give me a summary of Warren Buffetts best ideas?If Charlie Munger had a top 10 rules for life what do you think those rules would be?What did Charlie Munger say about building durable companies that last?Tell me about Cornelius Vanderbilt. How did he make his money?----Follow Founders Podcast on YouTube ----(0:01) But what did David actually mean by divine discontent? Here's an interpretation:DON'T BOW YOUR HEAD.DON'T KNOW YOUR PLACE.DEFY THE GODS.DON'T SIT BACK.DON'T GIVE IN.DON'T GIVE UP.DON'T WIN SILVERS.DON'T BE SO EASILY HAPPY WITH YOURSELF.DON'T BE SPINELESS.DON'T BE GUTLESS.DON'T BE TOADIES.DON'T GO GENTLE INTO THAT GOOD NIGHT.AND DON'T EVER, EVER ALLOW A SINGLE SCRAP OF RUBBISH OUT OF THE AGENCY(5:00) We have to work equally hard to replace the old patterns of self-defeating behaviors. An old Latin proverb tells us how: a nail is driven out by a nail, habit is overcome by habit.(7:00) Brilliant thinking is rare, but courage is in even shorter supply than genius. — Zero to One: Notes on Startups, or How to Build the Future by Peter Thiel. (Founders #278)(7:00) Fear is a demon that devours the soul of a company: it diminishes the quality of our imagination, it dulls our appetite for adventure, it sucks away our youth. Fear leads to self-doubt, which is the worst enemy of creativity.(10:00) Trust is one of the greatest economic forces on earth. —  The NEW Poor Charlie's Almanack: The Wit and Wisdom of Charlie Munger. (Founders #329)(13:00) How great we become depends on the size of our dreams. Let's dream humongous dreams, put on our overalls, go out there and build them.(14:00) If you asked an oracle the secret to doing great work and the oracle replied with a single word my bet would be on “curiosity” — How To Do Great Work by Paul Graham. (Founders #314)(17:00) Only dead fish go with the flow.(18:00) If I have to choose between agreement and conflict, I'll take conflict every time. It always yields a better result. — Jeff Bezos(20:00) It's the cracked ones that let light into the world.(20:00)Rule #1. There are no rules.Rule #2. Never forget rule #1.(21:00) Bureaucracy has no place in an ideas company.(23:00) You see, those who live by their wits go to work on roller coasters. The ride is exhilarating, but one has to have a stomach of titanium. For starters, you're never a hundred per cent certain you'll ever get there. If you (even) get to your destination, you sometimes wonder why you've ever bothered.Other times the scenery pleasantly surprises you.(24:00) Discovery consists of seeing what everyone has seen and thinking what nobody has thought.(25:00) God is with those who persevere.(25:00) Dogged determination is often the only trait that separates a moderately creative person from a highly creative one.That's because great work is never done by temperamental geniuses, but by obstinate donkey-men.(26:00) Against the Odds: An Autobiography by James Dyson (Founders #300)(26:00) We are what we repeatedly do. Our character is a composite of our habits. Habits constantly, daily, express who we really are.----Get access to the World's Most Valuable Notebook for Founders at Founders Notes----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

When we think of the innovations that contributed to the rise of the industrial age, the steam locomotive is arguably the most impactful of them all. Without the railroad system, the westward expansion of the US and the exponential economic growth of the late 19th and 20th centuries could not have occurred. In this edition of our MoneyTalk Moment in Financial History, Nathan tells the infamous story of one of the first major US railroads, the Eerie, and the war that ensued between Cornelius Vanderbilt, Daniel Drew, James Fisk and Jay Gould.Host: Nathan Beauvais, CFP®, CIMA®; Air Date: 3/6/2024. Have a question for the hosts? Visit sowafinancial.com/moneytalk-radio to join the conversation!See omnystudio.com/listener for privacy information.

When Kathy Giusti was told she had multiple myeloma one fateful day in 1996, she was 37 and in the midst of a successful rising career. She was the mother of a one-year-old baby with plans to have a second child. The disease had few treatments and she was given three years to live. Instead of sitting back, however, Kathy took action to create her own hope. That meant not only conducting  research on treatments where there was none, but doing it with unprecedented speed and precision. She founded the Multiple Myeloma Research Foundation and became its first CEO. In the two decades since, the foundation has spearheaded a clinical network that has conducted nearly 100 trials and launched more than 150 new drugs, drastically increasing the life expectancy of patients from 3 to 10 years. For her work, she has been included among Fortune Magazine's list of the World's 50 Greatest Leaders and TIME Magazine's 100 Most Influential People in the world. Kathy is also the author of the 2024 book Fatal to Fearless, which helps cancer patients understand and navigate their own care. Over the course of our conversation, Kathy describes her life before and after her diagnosis of multiple myeloma, how and why she took initiative to create new treatments for her own disease, what happened after she received a new diagnosis of breast cancer in 2022, and how all patients can better make the healthcare system work for them.In this episode, we discuss: 3:00 - Kathy's life before she was diagnosed with cancer4:56 - What is multiple myeloma? 8:58 - Kathy's reaction upon learning her diagnosis, both intellectually and emotionally 18:36 - How Kathy navigated the experience of concurrently going through IVF and cancer treatment22:30 - The sources of support that Kathy leaned on throughout her cancer journey24:40 - How Kathy and her sister started the Multiple Myeloma Research Foundation  34:53 - How the treatment landscape for multiple myeloma has changed since Kathy was diagnosed in 199641:00 - A glossary of medical terms that have been discussed in this episode44:33 - The current status of Kathy's multiple myeloma 50:39 - Kathy's key advice for both cancer patients and health care professionals for navigating cancer treatment  Kathy Guisti is the author of From Fatal of Fearless: 12 Steps to Beating Cancer in a Broken Medical System (2024).In this episode we discuss the book When Breath Becomes Air by Paul Kalanithi, and the essay The Median is Not the Message by Jay Gould, PhD, and our past episode The Physician Who Cured Himself (with Dr. David Fajgenbaum).Visit our website www.TheDoctorsArt.com where you can find transcripts of all episodes.If you enjoyed this episode, please subscribe, rate, and review our show, available for free on Spotify, Apple Podcasts, or wherever you get your podcasts. Copyright The Doctor's Art Podcast 2024

A nearly homeless supreme hostess gets back to what she does best at a luxury hotel, and many don't want to miss out.January 20th – February 1st, 1933, Cobina Wright reorients her new life at the Waldorf-Astoria hotel hostessing several activities like the Beaux Arts & Charity Balls and resuming her Supper Club to great success. One attendee is making an even bigger splash as he defies Ellis Island to re-enter the U.S. and attend his favorite annual ball.Other people and subjects include: Barbara Hutton, Prince Alexis Mdivani, James HR Cromwell aka “Jimmy,” William May Wright aka “Bill,” Alva Vanderbilt Belmont, Consuelo Vanderbilt, Balsan, Doris Duke, Lil' Cobina Wright, Jr., Prince Serge Obolensky, Josep Maria Sert, Princess Roussadana “Roussie” Mdivani Sert, Prince Michael Dmitri Alexandrovich Obolenski-Romanoff (Oblensky-Romanov) – Hershel Geguzin – Harry Gerguson – Ferguson, Jessie Woolworth Donahue, Brenda Frazier, Diana Barrymore, Gloria Vanderbilt, Reginald Vanderbilt, Alice Vanderbilt, Florence Vanderbilt Whitney, Grace Wilson Vanderbilt, Virginia “Birdie” Graham Fair Vanderbilt, President Herbert Hoover, Prince David – Prince of Wales – King Edward III – Duke of Windsor, Count Henri de Castellane, Countess Silvia de Rivas de Castellane, Lucius Boomer, Nancy Randolph, Frank Costello, Charles “Lucky” Luciano, Deems Taylor, Arturo Toscanini, Cecil Beaton, Mr. & Mrs. Bernard Baruch, Mr. & Mrs. Jay Gould, Beatrice Lillie, Fannie Brice, Noel Coward, Cole Porter, George Eastman, Rockwell Kent, French Revolution, Russian Revolution, Russian Empire, Bolshevik Russia, Peter the Great, Catherine the Great, Peter III, Empress Elizabeth of Russia, Tsar Paul I of Russia, royal pretenders, orphan, Scepan Mali – Stephen the Little of Montenegro, Princess Vladimir – Princess Augusta Tarkanova, Cossack Yemelyan Pugachev, Pugachev Rebellion, Kondrati Selivanov, Skoptsy sect, castration, Leon Trotsky, Franziska Schanzkowska – Anna Anderson – Grand Duchess Anastasia Romanov, Grand Duke Kirill Vladimirovich, James “One-Eyed” Connelly, Eton, Oxford, Cambridge, Heidelberg, Princeton, Yale, Harvard, Waldorf-Astoria, New York's the Tombs, jail, hospitals, ocean liners, Olympic, Ile de France, London, Paris, Ellis Island, New York, Boston, Chicago, Los Angeles, Hollywood, Hillsboro, Illinois, Bucharest, Romania, Latvia, Romanoff restaurant, Noodles Romanoff - beef stroganoff, Jayne Mansfield, Sophia Loren, Weekend in Havana film, Hulu's The Great series, FX's Feud Season 2: Truman Capote vs. The Swans, Truman Capote, William “Bill” Paley, Babe Paley, Princess Margaret, Prince Charles – Prince of Wales – King Charles III, Naomi Watts, Treat Williams, Elle Fanning, Nicholas Hoult, frequency illusion – Baader-Meinhof Phenomenon--Extra Notes / Call to Action:Come visit As The Money Burns via social media and share your own related storiesShare, like, subscribe--Archival Music provided by Past Perfect Vintage Music, www.pastperfect.com.Opening Music: My Heart Belongs to Daddy by Billy Cotton, Album The Great British Dance BandsSection 1 Music: One In A Million by Brian Lawrance, Album The Great British Dance BandsSection 2 Music: Royal Garden Blues by Benny Carter, Album Perfect JazzSection 3 Music: Organ Grinder's Swing by Jack Payne, Album The Great British Dance BandsEnd Music: My Heart Belongs to Daddy by Billy Cotton, Album The Great British Dance Bands--https://asthemoneyburns.com/TW / IG – @asthemoneyburnsFacebook – https://www.facebook.com/asthemoneyburns/

Joseph Seligman arrived in the United States in 1837, with the equivalent of $100 sewn into the lining of his pants. Then came the Lehman brothers, who would open a general store in Montgomery, Alabama. Not far behind were Solomon Loeb and Marcus Goldman, among the “Forty-Eighters” fleeing a Germany that had relegated Jews to an underclass.These industrious immigrants would soon go from peddling trinkets and buying up shopkeepers' IOUs to forming what would become some of the largest investment banks in the world—Goldman Sachs, Kuhn Loeb, Lehman Brothers, J. & W. Seligman & Co. They would clash and collaborate with J. P. Morgan, E. H. Harriman, Jay Gould, and other famed tycoons of the era. And their firms would help to transform the United States from a debtor nation into a financial superpower, capitalizing American industry and underwriting some of the twentieth century's quintessential companies, like General Motors, Macy's, and Sears. Along the way, they would shape the destiny not just of American finance but of the millions of Eastern European Jews who spilled off steamships in New York Harbor in the early 1900s, including Daniel Schulman's paternal grandparents.Today's guest is Dan Schulman, author of “The Money Kings: The Epic Story of the Jewish Immigrants Who Transformed Wall Street and Shaped Modern America.” We trace the interconnected origin stories of these financial dynasties from the Gilded Age to the Civil War, World War I, and the Zionist movement that tested both their burgeoning empires and their identities as Americans, Germans, and Jews.

Financier Jay Gould was one of the most famous — and infamous — of the Gilded Age robber barons. He was ruthless in his business dealings, tangled with the Vanderbilts for control of the railroads and fought battle after battle on Wall Street. But there was a less contentious side to him as well. Gould sought respite from New York City with his family at his country home, Lyndhurst Mansion in Tarrytown, a rolling estate where instead of Wall St. warrior he could be father and husband. Lyndhurst may be familiar to viewers of the HBO series The Gilded Age since a number of its rooms served as filming locations in the show.  The mansion and estate are owned and managed by the National Trust for Historic Preservation and visitors are welcomed year-round. In this unique episode, The Gilded Gentleman travels to Lyndhurst for a look inside both the Mansion and the life of Jay Gould. Howard Zar, executive director of Lyndhurst, joins Carl for a fascinating interview recorded in the picture gallery in Jay Gould's own mansion. Surrounded by Gould's precious hand-chosen art collection (still hung as Gould intended), Howard and Carl delve into what life was like at the Mansion and what visitors can see today. As a special treat, follow along with Howard and Carl on a tour through the Mansion visiting Gould's reception room, library, private office and dining room. 

When one door closes, another opens. How might an eviction lead to a brand new life in a luxury hotel?November 5th, 1932, Cobina Wright moves out of her Sutton Place home and now becomes homeless along with her 10 year daughter Lil Cobina Wright, Jr. At the last minute, an opportunity arrives to live at the luxurious Waldorf-Astoria hotel.Other people and subjects include: William May Wright aka “Bill,” Lucius Boomer, Ted Saucier, Elsa Maxwell, William Waldorf Astor, Caroline Astor, Carrie Astor, Orme Wilson, Jr., Grace Wilson Vanderbilt, John Jacob Astor VI aka “Jakey,” Vincent Astor, Princess Ava Alice Astor Obolensky, James “Henry” Van Alen, William “Sam” Van Alen, Princess Louise Van Alen Mdivani, Josep Maria Sert, Alva Vanderbilt Belmont, Consuelo Vanderbilt, Jay Gould, Bertha Russell, Gladys Russell, George Russell, Wall Street Crash of 1929, moving, Sutton Place, Sutton Club, Waldorf-Astoria, Waldorf-Astoria Manhattan, Sert Room, Basildon Room, Jade Room, ballroom, The Gilded Age tv series, pain, joy, grit, resilience, hope--Extra Notes / Call to Action:New York Adventure Club www.nyadventureclub.com Instagram & Facebook Groups: MansionsoftheGildedAge and TheGildedAgeSociety by Gary Lawrance**Submit questions to As The Money Burns social media accounts for the upcoming 100th episode.Share, like, subscribe--Archival Music provided by Past Perfect Vintage Music, www.pastperfect.com.Opening Music: My Heart Belongs to Daddy by Billy Cotton, Album The Great British Dance BandsSection 1 Music: Smoke Gets In Your Eyes by Freddy Gardner, Album Elegance 2Section 2 Music: The Younger Generation by Ray Noble, Album The Great Dance Bands Play Hits of the 30sSection 3 Music: Sing A Song of Sunbeams by Ronnie Munro & Orchestra, Albums Tea Dance 2 & The Great Bands Dance Bands Play Hits Of The 30sEnd Music: My Heart Belongs to Daddy by Billy Cotton, Album The Great British Dance Bands--https://asthemoneyburns.com/TW / IG – @asthemoneyburnsFacebook – https://www.facebook.com/asthemoneyburns/

In this bedtime story for the curious, we explore the history of American railroads. From the opening of the Baltimore and Ohio Railroad in 1830 to the Transcontinental Railroad, the rise of magnates like Cornelius Vanderbilt or Jay Gould and the transformations in the way Americans lived and consumed, I invite you to travel with me on this geographical, cultural and economic epic. Listen on Youtube: ⁠https://www.youtube.com/@LightsOutLibraryov⁠ ¿Quieres escuchar en Español? Echa un vistazo a La Biblioteca de los Sueños! En Spotify: ⁠https://open.spotify.com/show/1t522alsv5RxFsAf9AmYfg⁠ En Apple Podcasts: ⁠https://podcasts.apple.com/us/podcast/la-biblioteca-de-los-sue%C3%B1os-documentarios-para-dormir/id1715193755⁠ En Youtube: ⁠https://www.youtube.com/@LaBibliotecadelosSuenosov⁠

So we don't know if you've heard, but New York City is an expensive place to live these days. So we thought it might be time to revisit the tale of the city's most famous district of luxury — Fifth Avenue.  For about a hundred years, this avenue was mostly residential -- but residences of the most extravagant kind.At the heart of New York's Gilded Age — the late 19th-century era of unprecedented American wealth and excess — were families with the names Astor, Waldorf, Schermerhorn, and Vanderbilt, alongside power players like A.T. Stewart, Jay Gould and William “Boss” Tweed.They would all make their homes — and in the case of the Vanderbilts, their great many homes — on Manhattan's Fifth Avenue.The image of Fifth Avenue as a luxury retail destination today grew from the street's aristocratic reputation in the 1800s. The rich were inextricably drawn to the avenue as early as the 1830s when rich merchants, anxious to be near the exquisite row houses of Washington Square Park, began turning it into an artery of expensive abodes.In this podcast, Tom and Greg present a world that's somewhat hard to imagine — free-standing mansions in an exclusive corridor running right through the center of Manhattan. Why was Fifth Avenue fated to become the domain of the so-called “Upper Ten”? And what changed about the city in the 20th century to ensure the eventual destruction of most of them? The following is a re-edited, remastered version of two past Bowery Boys shows — the Rise and Fall of the Fifth Avenue Mansion. Combined, this tells the whole story of Fifth Avenue, from the initial development of streets in the 1820s to its Midtown transformation into a mecca of high-end shopping in the 1930s. This could also serve as a primer to the HBO series The Gilded Age, the official podcast co-hosted by Tom Meyers which debuts on October 30.Visit the website for further information.

Original Air Date: 04/27/2022 Dimitri and Khalid finally resume the HOTGAF series and explore Volume 3 of Gustavus Myers' classic 1910 tome “History of the Great American Fortunes”, including: The orgiastic frauds of the railroad boom, the bribing of the entire Wisconsin Legislature, Russell Sage's invention of put and call options, stock-watering, using railroad bonds for bribery, corruption at Corcoran and Riggs Bank, striking parallels between Jay Gould buying Western Union Telegraph and Elon Musk buying Twitter, psyopping the greedy middle class into buying the railroad equivalent of Gamestop/NFTs/crypto, Garrett and Johns HOPKINS looting the state of Maryland, sus humble grocers, the staggering and deliberate shittiness of the American Railroad system, the ritualistic despoiling of actual inventors, The Pacific Quartet of Huntington, Stanford, Crocker, and Hopkins, the dawn of rationalized corporate management, the Pacific Quartet's power of promotion, Searle psyopping Hopkins' widow during a seance, and Stanford University's proud legacy of faking it till you take it. For access to full-length Patreon episodes, upcoming installments of DEMON FORCES, and the SJ Grotto of Truth Discord, subscribe to the Al-Wara' Frequency at patreon.com/subliminaljihad.

Dimitri and Khalid wrap up their coverage of Gustavus Myers' “History of the Great American Fortunes, Volume II” with the infamous blood-and-fraud-soaked career of robber baron Jay Gould, including: conning his way into the railroad game, boldly defrauding Cornelius Vanderbilt himself, his scandalous conspiracy to corner the entire gold market with cronies Fisk and B*lden in 1869, and his eventual defrauding at the hands of the charismatic Scottish con artist “Lord Gordon Gordon”. [Part 3 of 3.] For access to full-length premium episodes and the SJ Grotto of Truth Discord, subscribe to the Al-Wara' Frequency at patreon.com/subliminaljihad.

It can be argued whether the major capitalists of the Gilded age were American Dreamers executing it at its highest level or were they Robber Barons? When it comes to Jay Gould there is no argument. This dude was a Capital S Shmole. Primary Research Performed by Harry Morfit Head to FACTOR MEALS.com/dank50 and use code dank50 to get 50% off.  Go to DADGRASS.COM/DANK for 20% off your first order. patreon.com/striderwilson Sources: Washingtonpost.com ‘First Robber Baron Made Scrooge Look Sweet' by Jerry Knight 1983, studentsofhistory.com, history.com

What I learned from reading Creators: From Chaucer and Durer to Picasso and Disney by Paul Johnson. ---Join Founders AMAMembers of Founders AMA can:-Email me your questions directly (you get a private email address in the confirmation email) -Promote your company to other members by including a link to your website with you question -Unlock 33 Ask Me Anything (AMA) episodes immediately-Listen to new Ask Me Anything (AMA) episodes every week ---Join my free email newsletter to get my top 10 highlights from every book---(2:20) Among the masters of Parisian fashion, Balenciaga was the greatest.(3:00) Christian Dior called Balenciaga “the master of us all" and Coco Chanel said that Balenciaga was "the only couturier in the truest sense of the word. The others are simply fashion designers".(3:30) Jay Gould episodes #258 and #285 (5:00) For the next seventy-four years Balenciaga did a piece of sewing every day of his life.(5:20) Being prolific is underrated. — Paul Graham (Founders #314)(8:45) From the age of three to his mid-twenties he learned thoroughly every aspect of his trade.(17:00) Bernard Arnault (Founders #296)(23:00) What Dior told Boussac: What you need, and I would like to run, is a craftsman's workshop, in which we would recruit the very best people in the trade, to reestablish in Paris a salon for the greatest luxury and the highest standards of workmanship. It will cost a great deal of money and entail much risk.”(26:00) Balenciaga never commented on other designers.(28:00) Balenciaga had a religious like devotion to his craft: Balenciaga regarded making dresses as a vocation, like the priesthood, and an act of worship. He felt that he served God by suitably adorning the female form, which God had made beautiful.(29:00) Customers were called patrons.(30:00) His remoteness was not a pose but part of his dedication to his art. He worked fanatically hard.(31:00) His fundamental principles as a dressmaker:Make women happy. Make dresses the customer never wants to take off.Permanence. You should bequeath your dress to your daughter. And her to her daughter.Best material from the best textile creators.(33:00) You don't wear a Balenciaga dress, you present it. (Make up your own terms!)(35:00) The essence of his creations was the work of human hands, bringing into existence the images projected on paper from his powerful and inventive brain. The archives of his firm survive intact, and they reveal the extent to which everything was done by hand:(37:00) Cut against the bias.----Join Founders AMAMembers of Founders AMA can:-Email me your questions directly (you get a private email address in the confirmation email) -Promote your company to other members by including a link to your website with you question -Unlock 33 Ask Me Anything (AMA) episodes immediately-Listen to new Ask Me Anything (AMA) episodes every week ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested, so my poor wallet suffers.” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

On January 7th, 1872, "Jubilee Jim" Fisk was murdered on a staircase in New York City's Grand Central Hotel. His killer (the lover of Fisk's former girlfriend Josie Mansfield) was furious at being targeted by the financier as the two parties battled in the courts. My guest this week is bestselling historian and Pulitzer Prize finalist H.W. Brands, author of "The Murder of Jim Fisk for the Love of Josie Mansfield". He not only talks about Fisk's sensational murder, but he also explains some of the outrageous financial schemes Fisk and his partner Jay Gould were involved in, including attempts to take control of the Erie Railroad and to corner the gold market. More about the author and his book here: https://www.penguinrandomhouse.com/books/209467/the-murder-of-jim-fisk-for-the-love-of-josie-mansfield-by-hw-brands/ H.W. Brands' Twitter handle: https://twitter.com/hwbrands Learn more about your ad choices. Visit megaphone.fm/adchoices

On January 7th, 1872, "Jubilee Jim" Fisk was murdered on a staircase in New York City's Grand Central Hotel. His killer (the lover of Fisk's former girlfriend Josie Mansfield) was furious at being targeted by the financier as the two parties battled in the courts. My guest this week is bestselling historian and Pulitzer Prize finalist H.W. Brands, author of "The Murder of Jim Fisk for the Love of Josie Mansfield". He not only talks about Fisk's sensational murder, but he also explains some of the outrageous financial schemes Fisk and his partner Jay Gould were involved in, including attempts to take control of the Erie Railroad and to corner the gold market.More about the author and his book here: https://www.penguinrandomhouse.com/books/209467/the-murder-of-jim-fisk-for-the-love-of-josie-mansfield-by-hw-brands/H.W. Brands' Twitter handle: https://twitter.com/hwbrandsThis show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at https://www.spreaker.com/show/4698315/advertisement

We'll be joined by Lianna Wilbert at 5:30 and Russell Jay-Gould at 6pm EST.  Lianna is much more knowledgeable about Russell's work than we, so we invited her on to ask some questions.  Let's just say this interview didn't go as planned, if we were to ever have a plan... which we don't, as we don't script anything and have little to no communication with our guests- or with each other!- regarding topics prior to going live. You don't want to miss this one!   Check out our featured sponsor Dr. Kirk Elliott and turn your fiat dollars into physical silver at www.defiantsilver.life Welcome back to the Patriot Party Podcast!  We are now live streaming from 6:00 to 8:15pm EST Monday - Friday, 2pm Saturday for Freedom Gardens and 2pm Sunday for Truspiracy.  Tune in on Rumble, Pilled.net, DLive, RedPills.tv, Odysee, Telegram or CloutHub every day.  If you miss the livestream, no worries, we will always put the podcast out. Check out our new website and merchandise at www.patriotpartypod.com and save 20% off your first order with promo code DEFIANT. We miss our brother Justin Andersch from Cannabis and Combat every day; every show we do is dedicated to his memory.  Justin was most passionate about saving the children, so we have set up a GiveSendGo in his memory, with all proceeds going to a child sex trafficking prevention organization he worked with, Shepard's Watch.  Please honor Justin's memory by donating at www.givesendgo.com/blueberryduckfarts Help us get Bees!  The next goal on our homestead is to incorporate bees as pollinators and eventually for honey.  Donate towards our goal at www.givesendgo.com/freedombees or pray for us! If you'd like to support the podcast, check out our sponsors!  We've found some amazing Patriot sponsors that will help you prepare for what's to come and provide you with value for your money. Fluoride dumbs you down, and does anyone really like the dentist?  Avoid both with fluoride free, nano colloidal silver toothpaste at www.freshmouth.life    Heal your body and change your life with Cardio Miracle! Get yours at www.defiantmiracle.com The fiat dollar loses value every day as inflation skyrockets and the stock market plummets.  Protect your money with gold and silver so you'll still have some when this is all over!  Go to www.defiantsilver.life or call 720-605-3900 and to reach Dr. Kirk Elliott's team; tell them the Patriot Party Podcast sent you! Food shortages are coming, and no one wants to go hungry.  Make sure your family is fed with long term storable food at MyPatriotSupply and get free shipping with every order over $100.  www.defiantprep.life Grow your own food!  Save 10% on all the seeds you need to survive with promo code DEFIANT at www.survival-essentials.com Use the promo code DEFIANT at mypillow.com and mystore.com to save up to 66% on some of the best products around, and support a great Patriot at the same time! Or you can call 1-800-377-9724 to place your order directly.   https://www.mypillow.com/defiant   Covid may never go away; if you need IVM or HCQ, check out Dr. Stella Immanuel's website at www.drstellamd.com and save 5% off her book, vitamins, and tele-health with the promo code DEFIANT. Sign up for Dr. Sherwood's free ebook at www.Sherwood.TV/patriotparty  Check out his campaign website at www.Sherwood2022.com  Check out our new sponsor: COL1972, a women's clothing line, made in the USA, that uses their proceeds to fight for life.  Visit their website and use the promo code PATRIOTPARTY or click this link to check out their website: https://www.col1972.com/?aff=528  If you've got extra $$ burning a hole in your pocket and want to share, you can show us some extra love by becoming a paid subscriber to our Substack: https://patriotpartypod.substack.com Like what you hear?  Like, share and subscribe, and rate us!  Don't appreciate us?  Keep listening, we may grow on you. Fair warning:  we are labeled explicit for good reason.  We use all the words in the English language that everyone understands, but you probably don't want your children to repeat. All music was purchased from the Deep State devils, copy write to the same Pedos we all know and hate.  We all know how corrupt it all is, and this why we fight.  So keep it up Patriots, we are with you; WWG1WGA!  You can find evidence to back up our discussion on Telegram at: https://t.me.qvlynnqplan  Join our Telegram chat channel https://t.me/patriotpartypodchat  Listen to the audio podcast: https://thepatriotparty.podbean.com/  Watch the livestream and join the chat on Pilled!  https://share-link.pilled.net/profile/169214 Subscribe to our Rumble Channel- ThePatriotPartyPodcast! https://rumble.com/c/c-994185 Watch us on CloutHub: https://clouthub.com/c/6spkRe4m We've joined the Redpill Project!  You can soon find all our content there, plus the episodes we co-host on the Daily Dose and a lot more! https://www.redpillpodcasts.com/micandvlynn Follow us on Twitter and now on Truth Social! @vlynnQ

On this week's “Leaders and Legends” podcast, we discuss the untamed world of 19th-century finance (a reoccurring topic it seems); our guest is Greg Steinmetz, author of “American Rascal: How Jay Gould Built Wall Street's Greatest Fortune.” If you think speculation is rotten these days, then you'll enjoy listening to Greg detail the wanton nature of the Wall Street of yore. Sponsors:Veteran Strategies NFP - A leading insurance broker and consultant Garmong Construction Crowne Plaza Downtown Indianapolis Historic Union Station About Veteran Strategies: ‘Leaders and Legends' is brought to you by Veteran Strategies—your local veteran business enterprise specializing in media relations, crisis communications, public outreach, and digital photography. Learn more at www.veteranstrategies.com. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Between the years 1869 and 1874, a man calling himself Lord Gordon-Gordon swindled the wealthy populations of Scotland, England, the United States, and Canada. Until he began pulling cons in the late 19th century, though, there isn't much information about this guy. We don't even know what his real name was. But we do know he had endless charm and charisma that helped him bilk people out of millions of dollars, including one of the richest and most ruthless railroad tycoons in American history.See omnystudio.com/listener for privacy information.

IN THIS EPISODE, YOU'LL LEARN:00:00 - intro 01:37 - What's the mastermind's thoughts on FTX and SBF?10:22 - What's happening with Gemini, DCG, Genesis, & GBTC?14:37 - What's the group's thoughts on Binance?15:04 - Why is a risk assessment of counterparts risk so important?15:04 - Thoughts on liquidity and how to use it to understand volatility limits.22:30 - An overview of Fixed Income Markets and High Yield Debt.41:39 - Thoughts on inflation and what it might trend towards in 2023.58:16 - The 30-year versus the 3-month and what that means for FED policy moving forward.01:15:46 - Is China demand coming back online?01:25:33 - What potentially causes a final capitulation for this cycle (will there even be one)?01:31:05 - What to expect from the price of Bitcoin in 2023.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoe Carlasare's Twitter.Steven McClurg's Twitter.Jeff Ross's Twitter.Joe's legal practice.Steven's Valkyrie Investments.Jeff's Investment Management Fund: Vailshire Capital.Related Episode: Listen to Bitcoin Mastermind Discussion w/ Joe Carlasare, Jay Gould, & Jeff Ross - BTC078 or watch the video.Related Episode: Listen to Bitcoin Round Table w/ Joe Carlasare, Jeff Ross, and Jay Gould - BTC070 or watch the video.Related Episode: Listen to FED Policy, Bitcoin ETFs, & Euro Dollar Impacts w/ Steven McClurg – BTC088 or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.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.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet position and investment info for nearly 6,000 Asset Management Companies with Moomoo, Australia's first A.I. powered trading platform. Sign up and fund your moomoo account before October 31 and get $10 for every $100 you deposit. All investment carries risk. AFSL 224 663. T&Cs apply.Get personalized, expert advice that helps you see things clearly with ATB.If your business has five or more employees and managed to survive Covid you could be eligible to receive a payroll tax rebate of up to twenty-six thousand dollars per employee. Find out if your business qualifies with Innovation Refunds.Guess less and sell more with the Number 1 email marketing and automation brand, Intuit Mailchimp.Help companies protect customer privacy in the face of endlessly growing data breaches by investing in Atakama today.Send, spend, and receive money around the world easily with Wise.Thanks to rising interest rates artificially driving down the prices of even the best assets, Fundrise expects 2023 to be one of the most opportune real estate investing environments of the last decade. Take advantage of this unique investing environment.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What I learned from reading American Rascal: How Jay Gould Built Wall Street's Biggest Fortune by Greg Steinmetz.Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes [0:01] A series of spectacular financial triumphs had made Gould fabulously rich. At age thirty-six, he was the most notorious businessman in the country.[1:00] Vanderbilt told a newspaper that Gould was "the smartest man in America." Rockefeller, when asked who he thought had the best head for business, answered "Jay Gould" without pausing to think.They  recognized Gould as a master of his craft. No one disputed that he was an extraordinary problem solver, an unparalleled negotiator, an expert communicator, a lightning-fast thinker, and a masterful tactician with a staggering memory.[2:00] Railroads changed America in the nineteenth century much as automobiles changed the country in the twentieth century and the internet has changed the twenty first century.[5:00] American Rascal shows the complex and quirky character of the nineteenth century's greatest robber baron. He was at once praised for his brilliance by Rockefeller and Vanderbilt and condemned for forever destroying American business values by Mark Twain. He lived a colorful life, trading jokes with Thomas Edison, figuring in Thomas Nast's best sketches, paying Boss Tweed's bail, and commuting to work in a 200-foot yacht.[6:00] I consider this part two in a two part series on Jay Gould. Make sure you listen to part 1: Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr. (Founders #258)[9:00] He read whatever he could get his hands on. Jay was often nowhere to be found. He was off hiding somewhere with his books.[10:00] He would wake up at three to study by firelight.[10:00] My Life and Work by Henry Ford. (Founders #266)[12:35] “As you know. I'm not in the habit of backing out of what I undertake, and I shall write night and day until it is completed.”[13:00] Relentless and self-confident: Gould toyed with the idea of college. He visited Rutgers, Yale, Harvard, and Brown. He concluded college was an expensive indulgence. Why bother with college when he could teach himself from books?[13:00] I am determined to use all my best energies to accomplish this life's highest possibilities.[22:00] The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Naval Ravikant and Eric Jorgenson. (Founders #191)[22:00] All I Want To Know Is Where I'm Going To Die So I'll Never Go There: Buffett & Munger – A Study in Simplicity and Uncommon, Common Sense by Peter Bevelin[26:00] Conspiracy: Peter Thiel, Hulk Hogan, Gawker, and the Anatomy of Intrigue by Ryan Holiday. (Founders #31)[30:00] The good ones know more. — Ogilvy on Advertising by David Ogilvy (Founders #82)[37:00] The story of how Gould seized Erie shows his brilliance as a financial strategist, his deep understanding of law, a surprising grasp of human nature, and a mastery of political reality.[41:00] Tycoon's War: How Cornelius Vanderbilt Invaded a Country to Overthrow America's Most Famous Military Adventurer by Stephen Dando-Collins (Founders #55)[42:00] There isn't any secret. I avoid bad luck by being patient. Whenever I'm obliged to get into a fight, I always wait and let the other fellow get tired first.[44:00] James J. Hill: Empire Builder of the Northwest by Michael P. Malone. (Founders #96)[52:00] Edison and Gould shared some traits. Both were born into poverty. Both thought about little beside their obsessions —inventions for Edison, money for Gould. Both worked all the time. Both had spent their childhoods reading anything that came their way.[53:00] Edison: A Biography by Matthew Josephson. (Founders #267)——Subscribe to listen to Founders Premium — Subscribers can ask me questions directly which I will answer in Ask Me Anything (AMA) episodes I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free https://readwise.io/founders/“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Welcome to the Peaceful Political Revolution in American Podcast.In Season 1 Episode 2  last year, I spoke with Professor Emeritus of Democracy & Justice Studies at the University of Wisconsin-Green Bay, Harvey J. Kaye. He is an award-winning author and editor of 18 books on history and politics -including Take Hold of Our History: Make America Radical Again and FDR on Democracy.  In S1 E2, we talked about his book Thomas Paine and the Promise of America. He's a really gifted speaker and a real pleasure to talk to.  At that time, Harvey suggested he come back for another conversation, this time about FDR's Economic Bill of Rights.  I'm really happy to say that that conversation has finally arrived. In addition, we will be joined by his friend, activist, and Executive Director of Progressive Democrats of America, Alan Minsky. Alan is a lifelong activist, who has worked as a progressive journalist for the past two decades. He was the Program Director at KPFK in Los Angeles from 2009-2018. He also has coordinated Pacifica Radio's national coverage of elections. Before that, Alan was one of the founders of LA Indymedia. He is the creator and producer of the political podcasts for The Nation and Jacobin Magazine, as well as a contributor to Commondreams and Truthdig.Alan's activism began in college with union solidarity work and opposition to US involvement in Central America. In the 1990s and early 2000s, Alan was active in the counter-globalization and media democracy movements. In 2011, he began organizing for Occupy Wall Street in the months leading up to the occupation of Zuccotti Park. Alan began working with PDA in 2014.This country has seen its share of opulence and struggle. But what about its share of democracy? We live in an era, not unlike the Gilded Age, which flourished from 1877 to 1900. The Gilded Age was marked by extreme concentrations of wealth and the rise of powerful industrial titans known as the Robber Barons; men like Jay Gould, JP Morgan, Cornelius Vanderbilt, John D. Rockefeller, and Andrew Carnegie. Corruption, unprecedented immigration, and the concentration of wealth by the 1% were just a few of the things that characterized that period of American history. This explosion of economic prosperity for a few arose only 12 years after the Civil War, which raged between 1861 and 1865, and only a few months after Reconstruction which lasted until 1877. The Age of the Robber Barons or the "Gilded Age" was followed by a very different set of challenges, including events like WWI, which began in 1914 and ended in 1918. Along come the roaring twenties, then there was the Great Crash of 1929, and the Great Depression which lasted until 1939. In addition to all these hardships, Americans had to confront the Great Dust Bowl, from 1930 until 1936, caused by shortsighted federal land policies, changes in regional weather, and new mechanized farming techniques which led to the erosion of vital topsoil.FDR won the election to the New York State Senate in 1910 as a democrat and quickly became associated with the progressives of the party.  He was elected governor of New York in 1928 and again in 1930. He was first elected President in 1932. He was re-elected President in 1936, 1940, and once again in 1944. He died in office during his historic 4th term in office and is largely credited with bringing the United States out of the worst economic disaster America had ever faced, as well as a devastating World War.Harvey, Alan, it's an honor to be able to share your insights into FDR and as importantly, your proposal for a new Economic Bill of Rights. There's a lot to get into, but first, how are you doing?

Last Flag Standing | W/ Russell-Jay: Gould | Conversations On The Fringe GUEST: RUSSELL-JAY: GOULD www.fortheclaimofthelife.com www.lastflagstanding.com FIND US ON THE Social Redpill - A Private Social Network - www.socialredpill.com If you like what we're doing here at The Redpill Project You Can Now Show Support And Donate Using Give Send Go! https://givesendgo.com/redpills Check Out All Our Shows And Get Great Information On Guests At www.redpills.tv Use Promo Code: RPP at MyPillow.com to get even lower prices. www.redpills.tv/mypillow My Patriot Supply Be Prepared When Disaster Strikes redpills.tv/patriot The Redpill Project... Find Us and Subscribe! Web https://redpills.tv Telegram http://t.me/RedpillsTV Rumble https://rumble.com/c/RedpillProject CloutHub https://clouthub.com/redpills GETTR https://gettr.com/user/redpill Foxhole App: https://pilled.net/#/profile/127862 Facebook: https://www.facebook.com/redpillproje... DLive: https://dlive.tv/RedpillProject HELP SUPPORT The Repill Project! [Tip Jar] Bitcoin: 39Wbf3ScFxegBsqXZoNhiZ5N553HhrbYH9 Ethereum: 0xCAaBDc59CA49eBAC74bF6C5da41B557378e30Da0

What I learned from rereading The Autobiography of Andrew Carnegie by Andrew Carnegie. Subscribe to listen to Founders Premium — Subscribers can now ask me questions directly which I will answer in Ask Me Anything (AMA) episodes [1:01] 3 part series on Andrew Carnegie and Henry Clay Frick:Meet You In Hell: Andrew Carnegie Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford. (Founders #73) The Autobiography of Andrew Carnegie by Andrew Carnegie (Founders #74) Henry Clay Frick: The Life of the Perfect Capitalist by Quentin Skrabec Jr. (Founders #75) [2:00] What these guys all had in common is they were hell bent on knowing their business down to the last cent. They were obsessed with having the lowest cost structure in their industry.[2:00] Highlights from Meet You in Hell: Andrew Carnegie, Henry Clay Frick, and the Bitter Partnership That Changed America:—Cut the prices, scoop the market, watch the costs, and the profits will take care of themselves.—Frick knows his business down to the ground.—Frick's rise from humble beginnings was obviously intriguing to him. It signaled to Carnegie that Frick was another of the fellow “fittest,” and those were the individuals with whom Carnegie sought to align himself.—Carnegie would repeat the mantra time and again: profits and prices were cyclical, subject to any number of transient forces of the marketplace. Costs, however, could be strictly controlled, and in Carnegie's view, any savings achieved in the costs of goods were permanent.—On this issue the two men were of one mind. Frick had made his way in coke by the same reckoning that Carnegie had in rail and steel: if you knew your costs down to the penny, you were always on firm ground.[6:00] Benjamin Franklin: An American Life by Walter Isaacson. (Founders #115)[7:00] A sunny disposition is worth more than a fortune. Young people should know that it can be cultivated; that the mind like the body can be moved from the shade into sunshine.[7:00] The Snowball: Warren Buffett and the Business of Life by Alice Schroeder. (Founders #100)[8:00] The most important judge of your life story is yourself.[9:00] You can always understand the son by the story of his father. The story of the father is embedded in the son. —Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)[10:00] Invest in technology, the savings compound, it gives you an advantage over slower moving competitors, and can be the difference between a profit and a loss.[17:00] He is working from sunrise to sunset for $1.20 a week and he is ecstatic about being able to help his family avoid poverty. [18:00] Andrew Carnegie had manic levels of optimism.[20:00] Do not delay. Do it now. It is a great mistake not to seize the opportunity. Having got myself in, I proposed to stay there if I could.[21:00] I felt that my foot was upon the ladder and that I was about to climb.[21:00] Lesson from Andrew Carnegie's early life: Focus on whatever job is in front of you at this very moment and do the best you can. You can never know what opportunities that will unlock in the future.[24:00] On the miracle of reading and having free access to a 400 volume personal library: In this way the windows were opened in the walls of my dungeon through which the light of knowledge streamed in. Every day's toil and even the long hours of night service were lightened by the book which I carried about with me and read in the intervals that could be snatched from duty. And the future was made bright by the thought that when Saturday came a new volume could be obtained.[26:00] To Colonel James Anderson, Founder of Free Libraries in Western Pennsylvania:He opened his Library to working boys and upon Saturday afternoons acted as librarian, thus dedicating not only his books but himself to the noble work. This monument is erected in grateful remembrance by Andrew Carnegie, one of the "working boys" to whom were thus opened the precious treasures of knowledge and imagination through which youth may ascend.[28:00] Running Down A Dream: How to Succeed and Thrive in a Career You Love by Bill Gurley[36:00] Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr. (Founders #258)[43:00] This policy is a true secret of success: Uphill work it will be.[46:00] Put all your eggs in one basket and watch that basket.[46:00] The most expensive way to pay for anything is with time.[48:00] The men who have succeeded are men who have chosen one line and stuck to it. It is surprising how few men appreciate the enormous dividends derivable from investment in their own business.[48:00] My advice to young men would be not only to concentrate their whole time and attention on the one business in life in which they engage, but to put every dollar of their capital into it.[51:00] The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow. (Founders #139)[52:00] Last Train to Paradise: Henry Flagler and the Spectacular Rise and Fall of the Railroad that Crossed an Ocean by Les Standiford. (Founders #247)Subscribe to listen to Founders Premium — Subscribers can now ask me questions directly which I will answer in Ask Me Anything (AMA) episodes —I use Readwise to organize and remember everything I read. You can try Readwise for 60 days for free https://readwise.io/founders/—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Jay Gould revolutionized the world of finance in the 19th century. In “American Rascal,” Greg Steinmetz tells his story. Jay Gould was a brilliant strategist in any scrap over money. For a good example of Mr. Gould's cunning, consider how he outgeneraled his fellow robber baron Cornelius Vanderbilt in what might be called the Bovine War. The former reporter for the Wall Street Journal and current partner at a money management firm in New York City sheds light on the life of Gould and his abilities with finances. Learn more about your ad choices. Visit megaphone.fm/adchoices

What I learned from reading Cable Cowboy: John Malone and the Rise of the Modern Cable Business by Mark Robichaux.--Support Founders' sponsors: Tegus is a search engine for business knowledge that's used by founders, investors, and executives. It's incredible what they're building. Try it for free by visiting Tegus.and Sam Hinkie's unique venture capital firm 87 Capital. If i was raising money and looking for a long term partner Sam is the first person I would call. If you are the kind of founder that we study on this podcast and you are looking for a long term partner go to 87capital.comand Get 60 days free of Readwise. It is the best app I pay for. I couldn't make Founders without it.--[8:00] Thread of highlights from Cable Cowboy by @Loadlinefinance[8:31] Malone was stalwart about building long term value through leveraged cash flow. Earnings didn't count. He wasn't constrained by quarterly expectations.[8:53] Malone built the pipes, then bought the water that flows through them.[9:12] Malone took spartan operations to another level. Absolutely no bureaucracy. No waste. We don't believe in staff. Staff are people who second-guess people.[9:40] Malone averaged one M&A deal every two weeks over 15 years. That's insane. These guys were slinging billion dollar deals like bowls of breakfast cereal.[10:02] One of the best parts of the book is Robichaux's exploration of Malone's complex personality. It's not just a fawning glow piece.[10:46] The beginning of industries are always filled with cowboys, pirates, and misfits.[12:05] This book— by far — has been the most requested book for me to cover on Founders for years.[12:51] Founders episodes on Andrew Carnegie:Meet You In Hell: Andrew Carnegie Henry Clay Frick, and the Bitter Partnership That Transformed America by Les Standiford. (Founders #73)The Autobiography of Andrew Carnegie by Andrew Carnegie. (Founders #74)Founders episodes on JP Morgan:The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow (Founders #139)The Hour of Fate: Theodore Roosevelt, J.P. Morgan, and the Battle to Transform American Capitalism by Susan Berfield (Founders #142)[14:37] Mavericks Lecture: John Malone[15:04] Two Rockefeller podcasts:Titan: The Life of John D. Rockefeller by Ron Chernow (Founders #248)John D: The Founding Father of the Rockefellers by David Freeman Hawke (Founders #254)[18:45] Bob when recruiting John: You've got a great future here. If you can create it.[19:32] Malone's top executives were rough riders.[20:49] In 1972 TCI had $19 million in annual revenue and its debt load was an obscene $132 million.[21:49] Magness learned to listen instead of talk.Successful people listen. Those who don't listen, don't survive long. —Michael Jordan Driven From Within by Michael Jordan and Mark Vancil (Founders #213)[24:41] That $2,500 loan turns into hundreds of millions of dollars for his grandsons.[25:47] New employees were asked can you walk 10 miles in 10 below zero weather?[26:42] The cable companies hardly paid any taxes because of the high depreciation on the equipment.[28:24] He skimmed the company's numbers, looked up at Betsy and blurted out, I'm gonna hire the smartest son of a bitch I can find.[30:55] Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher (Founders #242)[32:26] Once you make a guy rich don't expect him to work hard. Very unusual people do that.[33:24] You can identify an opportunity because you have deep knowledge about one industry and you see that there is an industry developing parallel to the industry that you know about. Jay Gould saw the importance of the telegraph industry in part because telegraph lines were laid next to railraod tracks.Edison: A Biography by Matthew Josephson (Founders #267)Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr (Founders #258)[35:24] 1. You raise money so you can increase production. 2. Use your increased production to get better rates on transportation than other refiners. 3. Use your increased profits —because you have better transportation —to buy your competitors. 4. You continue to find secret sources of income. — John D: The Founding Father of the Rockefellers by David Freeman Hawke (Founders #254)[36:40] Malone thinks about his industry more than anyone else.[38:07] He blundered early by suggesting in a meeting that Amazon executives who traveled frequently should be permitted to fly business-class. Jeff slammed his hand on the table and said, “That is not how an owner thinks! That's the dumbest idea I've ever heard.”  — The Everything Store: Jeff Bezos and the Age of Amazon by Brad Stone (Founders #179)[38:58] Our experience has been that the manager of an already high-cost operation frequently is uncommonly resourceful in finding new ways to add to overhead, while the manager of a tightly-run operation usually continues to find additional methods to curtail costs, even when his costs are already well below those of his competitors. — Berkshire Hathaway Letters to Shareholders 1965-2018 by Warren Buffett (Founders #88)[40:24] FedEx was fearful the bank would try to seize the mortgaged planes. The bank had a young officer keeping track of the situation. Every time he showed up at the airport, we would radio the planes not to land. It was all very touchy. — Overnight Success: Federal Express and Frederick Smith, Its Renegade Creator by Vance Trimble (Founders #151)[41:14] How John described this point in his career: I'm the head of a little pipsqueak company in debt up to its ass, a couple million dollars in revenue, and not credit worthy to borrow from a bank. We're barely making it.[42:25] Malone like the mathematics of it. Tax sheltered cash flow could be leveraged to land more loans, to create more tax sheltered cash flow.[43:52] Stay in the game long enough to get lucky.[47:05] Bowerman's response to other coaches: “As a coach, my heart is always divided between pity for the men they wreck and scorn for how easy they are to beat.” —Bowerman and the Men of Oregon: The Story of Oregon's Legendary Coach and Nike's Cofounder by Kenny Moore. (Founders #153)[49:27] "Forget about earnings. That's a priesthood of the accounting profession," he would preach, unrelentingly. "What you're really after is appreciating assets.”[50:23] If you control distribution you get equity in return.[53:04] My Life and Work by Henry Ford (Founders #266)[54:49] Call Me Ted by Ted Turner[1:06:33] When picking an industry to enter, my favorite rule of thumb is this: Pick an industry where the founders of the industry—the founders of the important companies in the industry—are still alive and actively involved.  — The Pmarca Blog Archive Ebook by Marc Andreessen (Founders #50)—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

What I learned from reading Edison: A Biography by Matthew Josephson.--Support Founders' sponsors: Tegus is a search engine for business knowledge that's used by founders, investors, and executives. It's incredible what they're building. Try it for free by visiting Tegus.and Sam Hinkie's unique venture capital firm 87 Capital. If i was raising money and looking for a long term partner Sam is the first person I would call. If you are the kind of founder that we study on this podcast and you are looking for a long term partner go to 87capital.comand Get 60 days free of Readwise. It is the best app I pay for. I couldn't make Founders without it.—[8:00] Podcast starts [8:26] He had known how to gather interest, faith, and hope in the success of his projects.[9:31] I think of this episode as part 5 in a 5 part series that started on episode 263:#263 Land's Polaroid: A Company and the Man Who Invented It by Peter C. Wensberg.#264 Instant: The Story of Polaroid by Christopher Bonanos. #265 Becoming Steve Jobs: The Evolution of a Reckless Upstart into a Visionary Leader by Brent Schlender and Rick Tetzeli#266 My Life and Work by Henry Ford.[11:20] Follow your natural drift. —Charlie Munger[11:54] Warren Buffett: “Bill Gates Sr. posed the question to the table: What factor did people feel was the most important in getting to where they'd gotten in life? And I said, ‘Focus.' And Bill said the same thing.” —Focus and Finding Your Favorite Problems by Frederik Gieschen[12:46] Focus! A simple thing to say and a nearly impossible thing to do over the long term.[15:51] We have a picture of the boy receiving blow after blow and learning that there was inexplicable cruelty and pain in this world.[19:49] He is working from the time the sun rises till 10 or 11 at night. He is 11 years old.[19:58] He reads the entire library. Every book. All of them.[21:52] At this point in history the telegraph is the leading edge of communication technology in the world.[23:01] My refuge was a Detroit public library. I started with the first book on the bottom shelf and went through the lot one by one. I did not read a few books. I read the library.[23:21] Runnin' Down a Dream: How to Succeed and Thrive in a Career You Love by Bill GurleyBlake Robbins Notes on Runnin' Down a Dream: How to Succeed and Thrive in a Career You LoveGreatness isn't random. It is earned. If you're going to research something, this is your lucky day. Information is freely available on the internet — that's the good news. The bad news is that you now have zero excuse for not being the most knowledgeable in any subject you want because it's right there at your fingertips.[29:00] Why his work on the telegraph was so important to everything that happened later in his life: The germs of many ideas and stratagems perfected by him in later years were implanted in his mind when he worked at the telegraph. He described this phase of his life afterward, his mind was in a tumult, besieged by all sorts of ideas and schemes. All the future potentialities of electricity obsessed him night and day. It was then that he dared to hope that he would become an inventor.[31:29] Edison's insane schedule: Though he had worked up to an early hour of the morning at the telegraph office, Edison began reading the Experimental Researches In Electricity (Faraday's book) when he returned to his room at 4 A.M. and continued throughout the day that followed, so that he went back to his telegraph without having slept. He was filled with determination to learn all he could.[32:38] All the Thomas Edison episodes:The Wizard of Menlo Park: How Thomas Alva Edison Invented The Modern World by Randall Stross (Founders #3)Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World by Jill Jonnes. (Founders #83)The Vagabonds: The Story of Henry Ford and Thomas Edison's Ten-Year Road Tripby Jeff Guinn. (Founders #190)[32:57] Having one's own shop, working on projects of one's own choosing, making enough money today so one could do the same tomorrow: These were the modest goals of Thomas Edison when he struck out on his own as full-time inventor and manufacturer. The grand goal was nothing other than enjoying the autonomy of entrepreneur and forestalling a return to the servitude of employee. —The Wizard of Menlo Park: How Thomas Alva Edison Invented The Modern World by Randall Stross[40:54] Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr. (Founders #258)[48:00] It's this idea where you can identify an opportunity because you have deep knowledge about one industry and you see that there is an industry developing  parallel to the industry that you know about. Jay Gould saw the importance of the telegraph industry in part because telegraph lines were laid next to railraod tracks.[49:17] Edison describes the fights between the robber barons as strange financial warfare.[54:35] You should build a company that you actually enjoy working in.[55:47] Don't make this mistake:John Ott who served under Edison for half a century, at the end of his life described the "sacrifices" some of Edison's old co-workers had made, and he commented on their reasons for so doing."My children grew up without knowing their father," he said. "When I did get home at night, which was seldom, they were in bed.""Why did you do it?" he was asked."Because Edison made your work interesting. He made me feel that I was making something with him. I wasn't just a workman. And then in those days, we all hoped to get rich with him.”[57:26] Don't try to sell a new technology to an exisiting monopoly. Western Union was a telegraphy monopoly: He approached Western union people with the idea of reproducing and recording the human voice, but they saw no conceivable use for it![58:07] Against The Odds: An Autobiography by James Dyson (Founders #200)[59:42] Passion is infectious. No Better Time: The Brief, Remarkable Life of Danny Lewin, the Genius Who Transformed the Internet by Molly Knight Raskin. (Founders #24)[1:01:23] For more detail on the War of the Currents listen to episode 83 Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World by Jill Jonnes.[1:03:05] From the book Empire of Light: And so it was that J. Pierpont, Morgan, whose house had been the first in New York to be wired for electricity by Edison but a decade earlier, now erased Edison's name out of corporate existence without even the courtesy of a telegram or a phone call to the great inventor.Edison biographer Matthew Josephson wrote, "To Morgan it made little difference so long as it all resulted in a big trustification for which he would be the banker."Edison had been, in the vocabulary of the times, Morganized.[1:06:03] One of Thomas Edison's favorite books: Toilers of The Sea by Victor Hugo[1:08:26] “The trouble with other inventors is that they try a few things and quit. I never quit until I get what I want.” —Thomas Edison[1:08:35] “Remember, nothing that's good works by itself. You've gotta make the damn thing work.” —Thomas Edison[1:12:04] The Fish That Ate the Whale: The Life and Times of America's Banana Kingby Rich Cohen. (Founders #255)[1:12:58] He (Steve Jobs) was always easy to understand.He would either approve a demo, or he would request to see something different next time.Whenever Steve reviewed a demo, he would say, often with highly detailed specificity, what he wanted to happen next.He was always trying to ensure the products were as intuitive and straightforward as possible, and he was willing to invest his own time, effort, and influence to see that they were.Through looking at demos, asking for specific changes, then reviewing the changed work again later on and giving a final approval before we could ship, Steve could make a product turn out like he wanted.— Creative Selection: Inside Apple's Design Process During the Golden Age of Steve Jobs by Ken Kocienda (Bonus episode between Founders #110 and #111)[1:15:48] Charles Kettering is the 20th Century's Ben Franklin. — Professional Amateur: The Biography of Charles Franklin Kettering by Thomas Boyd (Founders #125)—Get 60 days free of Readwise. It is the best app I pay for. I could not make Founders without—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Among the robber barons of the late 19th century, none was more ruthless and unscrupulous than Jay Gould, who amassed a fortune greater than that of the Rockefellers. During Gould's life, he controlled the country's largest railroad empire, Western Union, and even the New York World newspaper (which he sold to Joseph Pulitzer in 1883). Today, Gould is all but forgotten outside of academia. But his influence and the regulations put in place to try and prevent future stock manipulators such as he from succeeding continue to have a significant influence over American businesses and financial markets. Greg Steinmetz, a partner at a New York money management firm, has just published an authoritative biography of the clever and quirky Gould, American Rascal: How Jay Gould Built Wall Street's Biggest Fortune. Hate Gould or outright despise him, Steinmetz tells host and award-winning author Dean Rotbart that it's not possible to deny that Gould played a domineering role in America's transformative economic expansion of the 19th century. Photos: Author Greg Steinmetz and Jay GouldPosted: September 12, 2022Monday Morning Run Time: 38:19

During the reign of Carnegie, Rockefeller, and Morgan, no one navigated markets more successfully, or ruthlessly, than shadowy Jay Gould. In “AMERICAN RASCAL: How Jay Gould Built Wall Street's Biggest Fortune” Author Greg Steinmetz revisits the often-overlooked robber baron. Greg traces Gould's rise from an enterprising youth to owning 15% of all the railroads in the United States, and fortunes won and lost along the way. He shares how Gould isn't the caricature that appears in Thomas Nast's cartoons, but rather a complex figure during a time when insider trading was legal, and only the crooked survived.   Inside the ICE House: https://www.theice.com/insights/conversations/inside-the-ice-house

Of all the tycoons of the Gilded Age, Jay Gould stands out as a speculator and industrialist that would do anything to make money. Greg Steinmetz, a journalist and Wall Street analyst joins me to discuss the life of this legendary "rascal." Regardless of how you might interpret Gould's place in American history, he cannot be ignored.Essential Reading:Greg Steinmetz, American Rascal: How Jay Gould Built Wall Street's Biggest Fortune (2022).Recommended Reading:T. J. Stiles, The First Tycoon: The Epic Life of Cornelius Vanderbilt (2009).Edward J. Renehan Jr., Dark Genius of Wall Street: The Misunderstood Life of Jay Gould (2006).H. W. Brands, The Murder of Jim Fisk for the Love of Josie Mansfield: A Tragedy of the Gilded Age (2011). Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

IN THIS EPISODE, YOU'LL LEARN:How things have matured in the markets since the previous quarter.What's truly driving the markets in the 3rd quarter?Are we seeing buying exhaustion?Where do energy prices go from here?Is the inversion in the yield curve going to keep persisting, does it matter?Is record low unemployment important for determining peak market conditions?What's the impact on the real estate markets moving forward?What going on in China right now?What will things look like by the fourth quarter (around the horn)?BOOKS AND RESOURCESJay Gould and his podcast.Jeff Ross and his investment service.Joe Carlasare on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.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.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHelp empower girls to break free through education, healthcare, child protection, and other wonderful benefits by being a World Vision child sponsor today.Make summer dinners stress-free with Freshly. Get $125 off your first five orders today!Take the next step in your working-life or get ready for a change, by being a Snooze franchise partner.Enjoy 50% off Remote's full suite of global employment solutions for your first employee for three months when you use promo code WSB.Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Send, spend, and receive money around the world easily with Wise.Book your next simple tour or extreme adventure through Viator, the world's leading travel experience marketplace. Use code VIATOR10 for a 10% off your first booking.Get up to 3% Daily Cash back on everything you buy with Apple Card. Apply now in the Wallet app on iPhone and start using it right away. Subject to credit approval. Daily cash is available via an Apple Cash card or as a statement credit. See Apple Card customer agreement for terms and conditions. Apple Cash card is issued by Green Dot Bank, Member FDIC. Variable APRs range from 13.24% to 24.24% based on creditworthiness. Rates as of August 1, 2022.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

IN THIS EPISODE, YOU'LL LEARN:How things have matured in the markets since the previous quarter.What's truly driving the markets in the 3rd quarter?Are we seeing buying exhaustion?Where do energy prices go from here?Is the inversion in the yield curve going to keep persisting, does it matter?Is record low unemployment important for determining peak market conditions?What's the impact on the real estate markets moving forward?What going on in China right now?What will things look like by the fourth quarter (around the horn)?BOOKS AND RESOURCESJay Gould and his podcast.Jeff Ross and his investment service.Joe Carlasare on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.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.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHelp empower girls to break free through education, healthcare, child protection, and other wonderful benefits by being a World Vision child sponsor today.Make summer dinners stress-free with Freshly. Get $125 off your first five orders today!Take the next step in your working-life or get ready for a change, by being a Snooze franchise partner.Enjoy 50% off Remote's full suite of global employment solutions for your first employee for three months when you use promo code WSB.Invest in high quality, cash flowing real estate without all of the hassle with Passive Investing.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Send, spend, and receive money around the world easily with Wise.Book your next simple tour or extreme adventure through Viator, the world's leading travel experience marketplace. Use code VIATOR10 for a 10% off your first booking.Get up to 3% Daily Cash back on everything you buy with Apple Card. Apply now in the Wallet app on iPhone and start using it right away. Subject to credit approval. Daily cash is available via an Apple Cash card or as a statement credit. See Apple Card customer agreement for terms and conditions. Apple Cash card is issued by Green Dot Bank, Member FDIC. Variable APRs range from 13.24% to 24.24% based on creditworthiness. Rates as of August 1, 2022.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

What I learned from reading Dark Genius of Wall Street: The Misunderstood Life of Jay Gould, King of the Robber Barons by Edward J. Renehan Jr.[2:40] John D: The Founding Father of the Rockefellers by David Freeman Hawke. (Founders #254)[3:46] From the back cover: Though reviled for more than a century as Wall Street's greatest villain, Jay Gould was in fact its most original creative genius. Gould was the most astute financial and business strategist of his time and also the most widely hated. He was the undisputed master of the nation's railroads and telegraph systems at a time when these were the fastest-growing new technologies of the age. His failed scheme to corner the gold market in 1869 caused the Black Friday panic. He created new ways of manipulating markets, assembling capital, and swallowing his competitors. Many of these methods are now standard practice; others were unique to their circumstances and unrepeatable; some were among the first things prohibited by the SEC when it came into being in the 1930s.[5:59] If he was exceptional, it was as a strategist. He had a certain genius. Time and time again, Wall Street never saw him coming.[7:22] Jay was in fact the Michelangelo of Wall Street: a genius who crafted financial devices and strategies, and who leveraged existing laws, in stunningly original ways.[7:45] His success was profound, his productivity was astonishing, and his motivations and tactics were fascinating.[10:54] Francis Ford Coppola: A Filmmaker's Life by Michael Schumacher. (Founders #242)[11:11] You can always understand the son by the story of his father. The story of the father is embedded in the son.[11:43] All ambitious men want either to please their fathers or to punch them in the goddamn face.[15:05] Persistent. Deliberate in his study. Disciplined.[16:30] Born of This Land: My Life Story by Chung Ju-yung (Founders #117)[20:07] Jay stated his outright belief that happiness consisted not so much in indulgence as in self-denial.[20:28] I am determined to use all my best energies to accomplish this life's highest possibilities.[21:12] I'm going to be rich. I've seen enough to realize what can be accomplished by means of riches, and I tell you I'm going to be rich. I have no immediate plan. I only see the goal. Plans must be formed along the way.[23:09] One decent editorial counts for 1000 advertisements. —  Against The Odds: An Autobiography by James Dyson and reading A History of Great Inventions by James Dyson. (Founders #200)[27:32] Jay would always remain acutely aware of the brevity of one's time on earth.[33:02] Great question to ask: Who would I rather be? Jay breaks down the tanner industry and who is in the best position:I've come to realize that it is the merchants who command the true power in this industry. The tanner appears to take the greatest share of capital, but merely processes that capital, his expenses being extensive, his risk real, and his labor heavy. The shippers deal with the next largest sums, but again have extensive expenses and much work to do. The brokers, meanwhile, take what seems the smallest share but is in fact the largest. Theirs is nearly pure profit made on the backs of the shippers and the tanner, never their hands dirtied.[38:39] He was aggressive and expansionist by temperament.[46:10] There are magician's skills to be learned on Wall Street and I mean to learn them.[46:51] He fixated on the business and his own future and he appears to have cared little about the wider world.[47:10] He seemed to have approached all things with a machine like intensity that some found hard to take.[48:40] As I learned time and again, success in business often rests on a minute reading of the regulations that  impact your business. — Becoming Trader Joe: How I Did Business My Way and Still Beat the Big Guys by Joe Coulombe. (Founders #188)[50:46] Action was his hobby.[50:48] He was relentless in his efforts to bring about the accomplishment of those things which he set about to do.[57:16] What finding your life's work sounds like:We are at a moment where there is a particular, inevitable future waiting to be made.I see things very, very clearly. I feel inspired with an artist's conception. My road is laid out before me in the plainest of ways.He felt as if “all the wheels” had finally been installed on his life.Not only did he have professional focus, "but also the meaning that is family: a wife and child to fight wars and build castles for.Now that I am at this place, it is a puzzlement to me how I endured before. Everything prior seems to have been boxing in the dark, scraping without reason.Now I have my road to walk and my reason for walking it. Now the pieces fit, and this thing ambition is no longer blind but divine, a true and noble and necessary path."[58:33] Work and family would remain his two hallmarks to the end of his days.[59:56] He only wanted to be around A Players: Jay's abilities as an entrepreneurial talent scout, selecting the natural leaders from among the naturally led, the innovators from among the drones, would loom large in the making of his fortune.[1:04:18] No one could have guessed that these two unknowns would soon be notorious as the all time greatest tag team ever to wrestle Wall Street to its knees.[1:05:56] Both men (Fisk and Gould) had an inexhaustible capacity for work and both were unusually intelligent. They made a formidable combination when they joined forces.[1:07:51] The Father of Spin: Edward L. Bernays and the Birth of Public Relations by Larry Tye. (Founders #256)[1:18:14] It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently. —Warren Buffett[1:25:51] Things are not as they appear from the outside. —John D. Rockefeller[1:29:16]  Big Brown: The Untold Story of UPS by Greg Niemann. (Founders #192)—“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ”— GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

IN THIS EPISODE, YOU'LL LEARN:The FED's Soft Landing.The Luna Stable Coin melt-down.Regulation coming out of the Luna situation.What it will take for the SEC to approve a Spot ETF.Whether the stock market is due for a correction or not.What's happening in the bond market?What's happening in China?BOOKS AND RESOURCESJoe Carlasare's Twitter.Jay Gould's Twitter.Jeff Ross's Twitter.New to the show? Check out our We Study Billionaires Starter Packs.Are you looking to start investing? Check out our article on How to Invest in Stocks: The Ultimate Guide for Beginners.Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Find joy in comfort with Faherty. Use promo code WSB to snag 20% off all your new spring staples!Yieldstreet allows you to invest beyond the stock market with an evolving marketplace of alternative investments. Create your account today.Invest in crypto and trade it without tax headaches with AltoIRA.Push your team to do their best work with Monday.com Work OS. Start your free two-week trial today.Learn how to grow better by connecting your people, your customers, and your business at HubSpot.com.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Buying or selling Gold is as easy as buying a stock with Vaulted. No minimum investment required.The interval fund, a breakthrough innovation. Only at Mackenzie.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Balancing opportunity and risk? The golden answer can be literally gold! Start your investment journey today with Perth Mint.Gain the skills you need to move your career a level up when you enroll in a Swinburne Online Business Degree. Search Swinburne Online today.Design is already in your hands with Canva. Start designing for free today.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jay Gold joins the Bitcoin Magazine team in this episode. We talk about how governments will make bitcoin adoption difficult. In addition, the hosts discuss Russia's monopoly on oil, gas, and nuclear energy. Use promocode FOMO for 10% off everything in our store! https://store.bitcoinmagazine.com/

Dimitri and Khalid finally resume the HOTGAF series and explore Volume 3 of Gustavus Myers' classic 1910 tome “History of the Great American Fortunes”, including: The orgiastic frauds of the railroad boom, the bribing of the entire Wisconsin Legislature, Russell Sage's invention of put and call options, stock-watering, using railroad bonds for bribery, corruption at Corcoran and Riggs Bank, striking parallels between Jay Gould buying Western Union Telegraph and Elon Musk buying Twitter, psyopping the greedy middle class into buying the railroad equivalent of Gamestop/NFTs/crypto, Garrett and Johns HOPKINS looting the state of Maryland, sus humble grocers, the staggering and deliberate shittiness of the American Railroad system, the ritualistic despoiling of actual inventors, The Pacific Quartet of Huntington, Stanford, Crocker, and Hopkins, the dawn of rationalized corporate management, the Pacific Quartet's power of promotion, Searle psyopping Hopkins' widow during a seance, and Stanford University's proud legacy of faking it till you take it. For access to full-length premium episodes and the SJ Grotto of Truth Discord, subscribe to the Al-Wara' Frequency at patreon.com/subliminaljihad.

IN THIS EPISODE, YOU'LL LEARN:Thoughts on the dollar remaining a global reserve currency.How much the fixed income market and inflation is going to influence the broader market conditions.Will negative interest rate spreads really matter that much?The impact of Ukraine and Russia on supply chains.Yield Curve Control and what it will take to get there.How much could Bitcoin dip if we have a substantial macro sell-off?Risk of not being in Bitcoin.BOOKS AND RESOURCESJoe Carlasare's Twitter.Jay Gould's Twitter.Jeff Ross's Twitter.New to the show? Check out our We Study Billionaires Starter Packs.Are you looking to start investing? Check out our article on How to Invest in Stocks: The Ultimate Guide for Beginners.Find Pros & Fair Pricing for Any Home Project for Free with Angi.Get in early on medical technology, breakthroughs in ag-tech and food production, solutions in the multi-billion dollar robotic industry, and so much more with a FREE OurCrowd account. Open yours today.Find people with the right experience and invite them to apply to your job. Try ZipRecruiter for FREE today.Every 28 seconds an entrepreneur makes their first sale on Shopify. Access powerful tools to help you find customers, drive sales, and manage your day-to-day. Start a FREE fourteen-day trial right now!Invest in the $1.7 trillion art market with Masterworks.io. Use promo code WSB to skip the waitlist.Confidently take control of your online world without worrying about viruses, phishing attacks, ransomware, hacking attempts, and other cybercrimes with Avast One.Get access to some of the most sought-after real estate in the U.S. with Crowdstreet.Canada's #1 employee benefits plan for small businesses! The Chambers Plan evolves with the way you work and live while keeping the rates stable. Opt for the simple, stable, and smart choice for your business.Take advantage of a free mortgage review and learn about custom loans that can save you big money with American Financing.Be part of the solution by investing in companies that are actively engaged in integrating ESG practices with Desjardins.Live local in Melbourne and enjoy $0 Stamp Duty*!Reclaim your health and arm your immune system with convenient, daily nutrition. Athletic Greens is going to give you a FREE 1 year supply of immune-supporting Vitamin D AND 5 FREE travel packs with your first purchase.Get the most from your bitcoin while holding your own keys with Unchained Capital. Begin the concierge onboarding process on their site. At the checkout, get $50 off with the promo code FUNDAMENTALS.The interval fund, a breakthrough innovation. Only at Mackenzie.See the all-new 2022 Lexus NX and discover everything it was designed to do for you. Welcome to the next level.Support our free podcast by supporting our sponsors.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, we talk about the many changes to American life brought about by the railroads in the late 19th Century. Topics include: New construction tools like dynamite; George Pullman's sleeper cars; Railroad tycoons like Cornelius Vanderbilt and Jay Gould; The development of modern corporations; Innovations in time management; The growth of the American beef industry; and The spread of consumer catalogues.Get Surfshark VPN at https://surfshark.deals/INDREVPOD - Enter promo code INDREVPOD for 83% off and 3 extra months free!