Podcasts about Lehman

By Doug Green “EnvisionDX helps you from the entire lifecycle — from adding a new site and getting a quote going, all the way through service delivery, monitoring and management.” In this Technology Reseller News Podcast, I spoke with Laura Lehman, Director of Digital Experience Product Management at GTT, about GTT EnvisionDX and how the platform is changing the way enterprises and partners quote, order and manage complex networking and security services. For enterprise IT teams and channel partners, one of the persistent challenges in global networking has been fragmentation. Quoting new services, validating site addresses, checking availability, managing installs and monitoring service performance have often required multiple systems, manual processes and repeated follow-up. Lehman explained that EnvisionDX was built to bring those workflows into a single digital experience. The platform provides visibility across the full lifecycle of a customer's network services, from initial quote through delivery and ongoing management. A key part of the discussion focused on real-time information. EnvisionDX allows users to see site-level details, service status, utilization and other operational data in one place. That matters because enterprise networks are increasingly distributed, with customers managing multiple locations, providers, security requirements and service types. Lehman also discussed one of the most common pain points in telecom quoting: address validation. EnvisionDX uses multiple address-validation tools, map-based views and latitude/longitude data to help users confirm exactly where a service is needed. The system allows a user to adjust a location pin on a map, helping improve quoting accuracy and reduce the risk of rework later in the process. The platform also highlights GTT's use of AI-powered tools to streamline partner and customer workflows. EnvisionDX supports more automated quoting and ordering processes, while giving users clearer visibility into the location, service and operational details that often determine whether a deployment goes smoothly. For partners, the result is a faster, more transparent quoting process. For enterprises, the benefit is greater confidence that services are being quoted, ordered and delivered based on accurate location and site-level information. The broader message is that enterprise networking is moving away from fragmented service portals and manual workflows toward unified digital platforms. EnvisionDX is GTT's effort to simplify that experience, giving customers and partners a clearer view of what they have, what they need and what is happening across their network. Learn more at: https://www.gtt.net/

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Le S&P bat des records. Le Dow bat des records. Le Nasdaq bat des records. Cinq jours de suite. Et pendant ces cinq jours, la majorité des titres ont baissé. Chaque jour. Sans exception. En 145 ans d'histoire boursière américaine — la Grande Dépression, 1987, la bulle internet, Lehman — ce scénario ne s'était jamais produit. Jamais. Dans cette vidéo on décortique ce qui se passe vraiment derrière les chiffres : → Le "breadth paradox" : comment un indice peut battre des records alors que 490 actions sur 500 regardent passer le train → Marvell Technology : +32,5% en une séance parce qu'un homme en veste en cuir a dit trois mots → ARM Holdings à 340 fois les bénéfices — et pourquoi Marvell à 120 fois les bénéfices commence à ressembler à une opportunité value → Alphabet -3,86%, Microsoft -4,17% : l'IA qui punit ses propres champions au profit de ses sous-traitants → Le Japon qui redécouvre ce que c'est d'avoir des taux d'intérêt normaux après 30 ans à zéro → L'Iran qui menace maintenant de fermer un deuxième détroit. En même temps. → Le riz thaïlandais à +20% en un mois. Les Américains avec 1 250 milliards de dettes de carte de crédit. Et Goldman Sachs qui relève ses objectifs. Ce n'est pas 1999. Les boîtes ont de vrais revenus. Mais les valorisations ont déjà intégré quinze ans de croissance parfaite. Et pendant ce temps, le VIX est à 15,70. Comme si tout allait bien.

In this episode of Medsider Radio, we sat down with Dr. Connie Lehman, founder and CEO of Clairity.Clairity is the first FDA-authorized AI platform that predicts a woman's five-year risk of developing breast cancer using only a routine screening mammogram.A physician scientist with over 300 peer-reviewed publications, Connie is a Professor of Radiology at Harvard Medical School and Breast Imaging Specialist at Massachusetts General Brigham (on leave). She holds an MD and PhD from Yale and was named to Forbes' 50 Over 50 Innovators and TIME 100 World's Most Influential Leaders in Health.In this interview, Connie discusses her experience translating academic research into a commercially viable startup, the massive undertaking of generating clinical evidence when you're creating a new category, and how Clairity is approaching adoption on two fronts: fitting into physician workflows and building access pathways for patients.Before we dive into the discussion, I wanted to mention a few things:First, if you're into learning from medical device founders and CEOs and want to know when new interviews are live, head over to Medsider.com and sign up for our free newsletter.And if you're ready to level up your medtech game, you should check out Medsider Courses — 8-week masterclasses covering topics like fundraising, M&A and exit planning, design and development, clinical and regulatory strategy, and commercialization.These courses, featuring hard-earned lessons from elite medtech CEOs, can be purchased individually or come free with our All-Access Pass.If you'd rather read than listen, here's a link to the full interview with Connie Lehman, which includes a link to ScottBot — an AI version of host Scott Nelson trained on every Medsider interview and playbook. Feel free to ask ScottBot any questions you'd like!KEY MOMENTS FROM THE INTERVIEW(03:04) - The broken screening paradigm Connie saw in clinic — and the gap that became Clairity (05:09) - How Clairity rolls the clock back from detection to predicting risk in healthy women (07:31) - Why "more data is better" turned out to be wrong and how that shaped Clairity's product scope (21:57) - How physicians can translate grant-generating discipline into building a company (24:56) - What 18 months of pre-sub meetings revealed about navigating a de novo pathway (26:49) - Why Clairity validated its technology in over 250,000 mammograms when FDA required far less (34:43) - How Connie flipped the natural question from "how can doctors offer this?" to "how can women access it?" (43:47) - How relationships, not pitches, drove Clairity's $43M Series B

On this episode of The Bandwich Tapes, I sit down with Michael Bacon for a conversation that moves naturally through songwriting, teaching, film scoring, orchestration, and the long arc of a creative life.Michael reflects on the musical education that shaped him, both formal and informal. He talks about returning to Lehman as an adult to fill in gaps in theory, harmony, counterpoint, and music history, and about the profound influence of composer John Corigliano. We also dig into Michael's early life in Philadelphia, where public school music programs, orchestral experiences, folk music, and an extraordinary listening environment at home all helped form his wide musical palette.One of my favorite parts of this conversation is hearing Michael talk about range: why he is drawn to music that can be beautiful, unsettling, lyrical, loud, delicate, and emotionally direct all at once. That idea connects everything he does, from songwriting with The Bacon Brothers to his work as a film composer and orchestrator. He has no interest in staying in one narrow lane, and that comes through clearly in the way he describes both his influences and his process.We also spend time on collaboration: co-writing in Nashville, writing with his brother Kevin Bacon, adding Mayer to the band, and the trust required to make any long-running musical partnership work. By the end of the conversation, what stands out most is Michael's clarity about what sustains a creative life: deep listening, family support, musical curiosity, and the willingness to keep showing up for the work.Key TakeawaysMichael Bacon balances multiple musical identities: songwriter, film composer, educator, orchestrator, and performer.He studied at Lehman College, and his time with John Corigliano helped strengthen the technical foundation behind his creative instincts.Growing up in Philadelphia, surrounded by music at home and in public school programs, had a lasting impact on his musical language.His values range in music—beauty, tension, melody, fear, dynamics, and emotional contrast all matter to him as a composer.His songwriting process differs depending on the setting, from structured Nashville co-writes to more personal, experience-driven songs.Collaboration in The Bacon Brothers works because Michael and Kevin bring different strengths, influences, and instincts to the same songs.Writing for orchestra remains one of Michael's deepest creative joys, especially when he can bring that world into live performance.Music from the EpisodePut Your Hand Up - The Bacon BrothersAirport Bar - The Bacon BrothersPeople in the World - The Bacon BrothersAbout the PodcastThe Bandwich Tapes is a podcast hosted by me, Brad Williams, featuring thoughtful conversations with musicians, songwriters, composers, and artists about craft, creativity, collaboration, and the stories behind the music.Connect with the ShowEmail: contact@thebandwichtapes.com

5 heures du matin, troisième café, sixième dose de vitamines, et ce sale sentiment qu’il y a un truc de pourri qui dégénère dans ce marché. Hier soir, le 30 ans américain a touché 5,19% — un niveau qu’on n’avait plus vu depuis juillet 2007. À l’époque, Lehman existait encore, l’iPhone venait de sortir et … Continued

Bruce Lehman, head of USPTO from 1993 to 1998, joins Clause 8 for a wide-ranging conversation about the modern IP system, the internet boom, and why the AI era may require a new copyright response from Congress.Lehman helped shape internet-era copyright policy from the USPTO, including the work that led to the WIPO Copyright Treaties and the Digital Millennium Copyright Act (DMCA). He also played a major role in the broader 1990s pro-IP moment, when the United States was strengthening IP rights globally through TRIPS, WIPO, and trade policy.Now, Lehman argues that courts have spent the last two decades weakening copyright through an expansive view of fair use — creating a system where AI companies can train on massive amounts of human-created content without giving creators a meaningful stake. Asked whether new legislation is needed to protect creators in the AI age, Lehman does not hesitate: “The short answer is yes.”The episode also covers:*Lehman's “patent pendulum” theory and why he believes the US is now in a low-protection IP era*How the DMCA emerged from the Clinton administration's internet copyright work*TRIPS, WIPO, and the globalization of IP rights in the 1990s*Bayh-Dole and the rise of the university-to-startup pipeline*Lehman's historic confirmation as the first openly gay man confirmed by the Senate*His role in turning the USPTO into a “prominent perch” for national IP policy*Gilbert Hyatt, submarine patents, and SAWS*USPTO telework, examiner retention, and modernization*His message that current leadership should “stop tormenting the Patent Corps”*The limits of AI — and why Lehman thinks it lacks the "metaphysical" spark behind true invention*Judge Pauline Newman and her pro-patent legacyWatch the full episode and read the companion post on Voice of IP: https://voiceofip.com/Subscribe to the Clause 8 YouTube channel for bonus content: https://www.youtube.com/@clause8Disclaimer This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.voiceofip.com

A 28-year-old woman spent two weeks attending a Bronx high school under a fake name before her own Facebook page outed her real age.SOURCES, LINKS, AND PRINT VERSION: https://weirddarkness.com/claassen/Look for this podcast on Apple Podcasts, Spotify, iHeart Radio, Amazon Music, Pandora, TuneIn Radio, and other podcast apps. Get a list of free listening apps here: https://pod.link/1078714736*No AI Voices Are Used In The Narration Of This Podcast*WeirdDarkness® is a registered trademark. Copyright ©2026, Weird Darkness.#WeirdDarkness, #WeirdDarkNEWS

What if the biggest threat to your success in medical training has nothing to do with how much you study? Vance Lehman, professor of neuroradiology and chief of neuroradiology education at the Mayo Clinic, spent over two years researching why capable trainees stumble despite strong clinical knowledge. In this episode, based on his KevinMD article "The hidden curriculum: What medical school does not teach you," he explains how unspoken expectations, invisible social dynamics, and stealth influences shape evaluations and career trajectories far more than most trainees realize. You will learn why making a strong first impression on a new rotation triggers a powerful psychological feedback loop, how generational biases from attendings quietly distort trainee evaluations, and why years of excelling at test scores can actually leave you blind to the skills that matter most in clinical settings. Lehman also shares practical steps any medical student or resident can take tomorrow to stop leaving their reputation to chance. If you are in medical training or teach those who are, this episode reveals the forces you feel every day but have never had a name for. Tune into our episode "2026 Cholesterol Guidelines: LDL goals, lipoprotein(a), and coronary calcium scoring," brought to you by Novartis Pharmaceuticals Corporation. For the first time in eight years, LDL cholesterol goals have changed, and preventive cardiologist Seth Baum says the new guidelines are a long-overdue course correction. He breaks down the new LDL targets for your highest-risk patients, why the LDL hypothesis should be retired in favor of the LDL fact, why lipoprotein(a) screening finally belongs in every patient's workup, what a coronary calcium score over 300 really means for how aggressively you treat, and how to talk to statin-skeptical patients without losing their trust. Listen now at KevinMD.com/cholesterol. VISIT SPONSOR → https://kevinmd.com/cholesterol Partner with me on the KevinMD platform. With over three million monthly readers and half a million social media followers, I give you direct access to the doctors and patients who matter most. Whether you need a sponsored article, email campaign, video interview, or a spot right here on the podcast, I offer the trusted space your brand deserves to be heard. Let's work together to tell your story. PARTNER WITH KEVINMD → https://kevinmd.com/influencer SUBSCRIBE TO THE PODCAST → https://www.kevinmd.com/podcast RECOMMENDED BY KEVINMD → https://www.kevinmd.com/recommended

Like other self-help gurus of the time, Norman Vincent Peal targeted the lonely travelling salesman. But his message was also marketed to corporate executives, who were promised that the true power of positive thinking lay in the great dividends it would yield if they could sell it to their workforce. This episode of The Gentle Rebel Podcast builds on the first part of this mini-series, where we saw Peale’s roots in the New Thought movement of the 1800s. In this one, we examine how Peale encouraged a corporate embrace of positive thinking so that individuals would attribute all of their success and failure to the quality of their mindset and attitude. We look at the surprising role of Positive Thinking in the 2008 global financial crash. https://youtu.be/4U0Yk4Zryrw?si=JBLU4f-7VbPA6ZWU The Lonely Travelling Salesman and the Birth of a Corporate Tool In The Power of Positive Thinking, Peale recalls his encounters with travelling salesmen. They were on the road, feeling dejected, struggling to make sales, and lacking confidence. He prescribed visualisation, encouraging followers to “Formulate and stamp indelibly on your mind a mental picture of yourself as succeeding. Hold this picture tenaciously. Never permit it to fade.” Peale treats this lonely reality as an unchangeable and natural state of being. He doesn’t question the corporate culture that has made this a way of life for an increasing number of people. Instead, he offers a hand on the shoulder, with advice to ease the natural despair and unhappiness that accompany it. He quotes psychiatrist Dr. Karl Menninger, who said, “Attitudes are more important than facts.” He adds, “That is worth repeating until its truth grips you… You may permit a fact to overwhelm you mentally before you start to deal with it actually. On the other hand, a confident and optimistic thought pattern can modify or overcome the fact altogether.” In other words, it doesn’t matter what is true. What matters is what you want to be true. Believe wholeheartedly, and it will come to pass. This reminded me of a quote from Ivanka Trump’s self-help book, The Trump Card: Playing to Win in Work and Life, which is a descendant of Peale, with the family attending his church and being greatly influenced by his teaching. Ivanka wrote: “Perception is more important than reality. If someone perceives something to be true, it is more important than if it is in fact true. This doesn’t mean you should be duplicitous or deceitful, but don’t go out of your way to correct a false assumption if it plays to your advantage.” Motivational Downsizing and the Rise of Outplacement Firms Barbara Ehrenreich suggests, “In the hands of employers, positive thinking has been transformed into something its nineteenth-century proponents probably never imagined—not an exhortation to get up and get going but a means of social control in the workplace, a goad to perform at ever-higher levels.” The book also paved the way for “motivational downsizing”. Between 1981 and 2003, about 30 million full-time American workers lost their jobs due to corporate downsizings. Ehrenreich highlights how workplaces deliberately instil a positive outlook. Employers bring in motivational speakers and distribute free copies of self-help books. The 1998 mega–bestseller Who Moved My Cheese? was a big favourite for this, cleverly encouraging an uncomplaining response to layoffs. Shifting Responsibility Onto The Individual Companies were learning to shift responsibility from themselves to individuals. Outplacement firms were employed to groom laid-off workers, limit ill will, head off wrongful-termination suits, and protect against bad-mouthing by former employees. The owner of such a firm said, without irony, that “Losing a job is a step forward in your life.” This double-speak casts redundancy as a growth experience. A self-retreat. A deserved time out. Something for which you should be grateful. Ehrenreich recounts the story of an employee who was compelled to work with an outplacement firm after being laid off. He was advised not to discuss his job loss with anyone for a month. He later recalled, “It was good advice. I was so bitter, I would have said things that would have been bad for me.” This is a shrewd move that not only keeps potentially disgruntled employees quiet but also leads them to believe their greatest enemy is internal. In examples like this, the power of positive thinking really does pay dividends…for organisations. Did The Power of Positive Thinking Cause a Global Financial Crash? Ehrenreich writes that some of those who predicted the 2008 financial crash were warned to change their attitude or risk losing their job. Mike Gelband, who ran the real estate division of Lehman Brothers, expressed fears about what he believed to be a real estate bubble. He suggested to Lehman CEO Richard Fuld during his 2006 bonus review that they needed to rethink their business model. He was promptly fired. Two years later, Lehman went bankrupt. Lehman Brothers went against their own best interests to maintain this strange, superstitious belief in the magic of positive thinking. This mindset encourages us to see the messenger as the problem rather than as a gateway to knowledge and solutions. How Peale Cherry-Picked and Even Invented Bible Verses to Reinforce His Version of Reality Peale cites Job 3:25 from the Bible, “For the thing which I greatly feared is come upon me.” The story of Job is that he is a righteous man who loses his children, health, and wealth when God permits Satan to test his faithfulness. Peale takes liberties with his interpretation, writing, “If you fear something continuously, you tend to create conditions in your mind propitious to the development of that which you fear.” In other words, he blames Job’s attitude for the horrors inflicted on him by an external force (Satan). He then shares another Bible verse, “That which I have greatly believed has come upon me,” which may leave some people scratching their heads, because he has made it up. “It does not make that statement in so many words,” he continues. “And yet again and again and still again, the Bible tells us that if we have faith, ‘nothing is impossible’.” Peale paints fear as negative thinking and belief as positive thinking. So let’s run with this logic and apply it to Mike Gelband at Lehman Brothers. Gelband feared the housing bubble. According to Peale’s superstitious model, Gelband’s fear itself would have been the problem, not the risky loans, deregulation, or greed. That sounds extreme, doesn’t it? But it’s exactly what’s written in The Power of Positive Thinking. What Other Crises Are We Sleepwalking Into? This is a complete disregard for maturity, wisdom, and truth. When we view it this way, the power of positive thinking undermines our capacity to think clearly and critically when it matters most. It silences reason, logic, and insight. That IS powerful.

When the news broke that NISTS would be integrated into the National Resource Center for the First-Year Experience and Students in Transition (NRC), the transfer community had questions — and understandably so. In this episode, host Heather Adams talks with Dr. Kate Lehman, NRC Executive Director, about how the integration came together, how she and her team are thinking about transfer's place within the NRC's broader mission, and what she's hearing and learning as she gets deeper into the work. For anyone still orienting to what this change means for the field, or simply wanting to get to know Kate better, this is a good place to start. Visit the NRC's webpage to stay up to date on events and other professional development and research opportunities, including new transfer-focused work!  Learn more about Dr. Kate Lehman's background and academic interestsExplore the selection criteria for the NRC's new transfer-focused annual awards:Bonita C. Jacobs Transfer Impact AwardOutstanding Transfer Champion AwardNational Transfer Student Ambassador ProgramShow CreditsHost | Dr. Heather AdamsProducers | Rhian Waterberg, Emily Kittrell, Caitlyn Potter GlaserSound Editing | Abraham Urias Keep talking with Transfer NationIG: @WeAreTransferNationLinkedIn: Transfer Nation Page TikTok: @TransferNationFB Group: Transfer NationEmail: WeAreTransferNation@gmail.comTalk soon!#TransferPride #TransferSuccess #TransferChampion #TNTalks #TransferNation

Chinese company Landbridge is fighting to hold on to Darwin Port after Australia said it may reclaim the lease. Landbridge has launched arbitration at the International Center for Settlement of Investment Disputes, potentially the first investor–state case the Australian government will face at the World Bank body. Host Tu Yun joins Dr. Warwick Powell, Adjunct Professor, Queensland University of Technology, Dr. Zhou Mi, Deputy Director, Institute of American and Oceania Study, Chinese Academy of International Trade & Economic Cooperation, and Dr. Edward Lehman, Founder & Managing Director, Lehman, Lee & Xu to break down how a routine commercial deal turned into a national security flashpoint, who's likely to win, and what this case means for China-Australia ties, investor confidence, and the future of global investment rules.

Do you need an original idea to start a company? Do you need to be a consumer of your category? Do you need the "right" co-founders?Manish Taneja was none of those things. He grew up in Faridabad a self-described "frog of his own well." He went to IIT and "felt very small." He became a banker, then an investor, then started a beauty company with two other male engineers, with no female co-founder, and no personal stake in the category. He still built Purplle into one of India's largest beauty platforms.In this episode of Unstarted, Avnish Bajaj and Manish sit down to work through the questions that every founder without a clear edge asks themselves:1. Do you need an original idea, or is it okay to be a "copycat entrepreneur"?  When VCs tell you your team is missing something 2. Do you fix the weakness or back your strength? – How do you find a wedge in a category where everyone else has more money, more experience, and more insider knowledge? 3. What do you do when your ego won't let you leave — and is that the thing keeping you in the game? 4. How do you build responsibly without losing your edge?Manish's answer to all of it, in the end, comes down to two lines: back your strengths, and build responsibly. This conversation is about how he got there.Chapters00:00 The $100 million mistake01:55 Faridabad, the frog in the well03:03 Feeling small at IIT, and the speech that changed everything05:31 Lehman, Avendus, and the long apprenticeship08:52 "I was the original copycat entrepreneur"12:58 The feedback from Matrix: no woman co-founder14:54 Why beauty, and why now17:52 Dabau early: the rosemary water playbook22:00 How Purplle won Kerala (and met the priests)26:02 The internal compass, and saying no to Thrasios28:53 Why your ego won't let you leave30:36 Why he built in Bombay33:17 The IPO question35:49 Build responsibly

Podcast 327 - How to Get Involved in Dunwoody's Nonprofits - Catherine Lautenbacher & Beth Lehman Catherine Lautenbacher and Beth Lehman are back on the podcast with something new to Dunwoody. A volunteer fair. On Friday, May 1st, the First Annual Perimeter Community Volunteer Fair is happening at Dunwoody United Methodist Church from 10am to 1pm, and if you've been meaning to get more involved in your community, this is your entry point. Here's something that might surprise you. Catherine did a quick count and Dunwoody alone has at least 34 nonprofits, and every single one of them is looking for help. The problem has never been a shortage of opportunities. It's been knowing where to find them. Beth organized this fair as her Leadership Perimeter class project specifically for people who want to give back but haven't figured out where they fit yet. The fair brings 12 to 15 local organizations under one roof, from well-known names like the Community Assistance Center to Sandy Springs Youth Sports. You can walk in not knowing what you want to do and walk out with a real commitment. Head to igottavolunteer.com to see who's coming, and show up to see how you can help.   Full episode summary lives here: whatsupdunwoody.com/podcast-327

Underscoring the global nature of private credit and the credit cycle, one of India's biggest borrowers has announced it will be delaying principal and interest payments on one of its biggest junk bonds. And who are the primary owners of said bonds? Private credit funds like Cerberus and regulated institutions like Deutsche Bank. The specific bonds in question aren't going to bring down either one, but the missed cash payments do highlight more behavior consistent with a shift in the cycle and what that means.Eurodollar University's Money & Macro Analysis----------------------------------------------------------------------------------With credit market developments escalating even more, and major market moves accompanying them, we're going to go over where everything stands but also look forward at the potential scenarios coming out of what continues to look like a global bust. To take advantage of our limited-time Eurodollar University subscription offer to get access to all EDU materials, reports, and data, visit the link below:https://www.eurodollar.university/webinar-offer----------------------------------------------------------------------------------Top Indian Private Credit Borrower Delays Paying 20.75% Bondhttps://www.bloomberg.com/news/articles/2026-04-24/india-s-shapoorji-gets-nod-to-delay-bond-days-before-maturityJeffrey Gundlach Rips TCW Group Over Red Lobster ‘PIK Magic'https://www.bloomberg.com/news/newsletters/2026-04-18/jeffrey-gundlach-rips-tcw-group-over-red-lobster-pik-magicBank of England Deputy Governor Warns of Private Credit Crunchhttps://www.bloomberg.com/news/articles/2026-04-22/private-credit-crunch-risk-spurs-boe-s-stress-test-breeden-saysTraders Return to Fed Funds Wager That Surged During Repo Stresshttps://www.bloomberg.com/news/articles/2026-04-22/traders-return-to-fed-funds-trade-that-surged-during-repo-stresshttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU

We all know what happened to Henry VIII's second wife, Anne Boleyn. But what if she woke up the day after her execution and took it upon herself to seek justice? A fantastical journey through the wilds of England and Tudor history, filled with danger and magic and steeped in Arthurian legend.

Send us Fan MailClay Lehman spent 20 years in real estate, starting at Arthur Andersen, running the Ocala controller desk for Pulte Homes, and eventually building Lehman's Strategic Partners to help agents grow their businesses. He runs an AI Facebook group with members in 65 countries and now spends most of his time helping real estate pros turn AI from a shiny object into a revenue tool. If you're still using AI to write listing descriptions and calling it a day, this one will push your thinking.In this episode you'll learn:- Why Clay calls obscurity, not competition, the biggest threat to any real estate business- How the "eliminate, automate, delegate" framework turns documented processes into leverage- Which AI tools Clay actually uses daily, and how Gemini, Claude, and ChatGPT scored in his blind writing test- How Ed built an AI voice agent that gets a lead on the phone in 45 seconds, across five languages- Why the Harvard 391% rule makes speed-to-lead the single biggest edge in real estate today- How solo operators and small teams can look and act like companies many times their sizeResources Mentioned: Google NotebookLM for deal prep and process documentation. Gamma for instant presentations. ylopo for lead nurture automation.Takeaway: AI is a force multiplier, not a crutch. It levels the playing field on access, but experience and wisdom still do the heavy lifting. Use it as the spotter at the gym, not the guy lifting the weight.Elevista - Speed as a Service™Elevista Connect is the first AI-powered lead conversion system built for real estate investors. Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!

Texas Attorney General Ken Paxton is opening up an investigation into the city of Austin following changes that were made to the Austin police department's policy on immigration enforcement looking into whether the city has violated senate bill 4, which allows local cooperation with ice agents, and bans local policies from interfering with federal immigration operations.More details are surfacing in the case of ten Lehman high school baseball players who have been suspended over allegations of bullying as law enforcement has reportedly obtained at least two videos of separate incidents across several weeks that indicate a pattern of behavior, players are allegedly seen slapping the student, hitting him with a belt and imitating a sex act and athletic apparel retailer Lululemon is the latest target of Texas attorney general Ken Paxton, who believes they're using toxic 'forever chemicals' in their activewear.See omnystudio.com/listener for privacy information.

Leader of German Orthodoxy, Torah scholar, community rabbi, author of Torah works, founder and editor of a pioneering Orthodox newspaper, rosh yeshiva & author of numerous literary works for German Jewish youth in the form of novels, historical biographies and historical fiction, Rav Meir Marcus Lehman (1831-1890) accomplished much in his relatively short life. From an early age, he saw his role in articulating a sense of Jewish values, pride and Orthodoxy for a German Jewry confronting the challenges of modernity and sweeping secularization. Although remembered today for his profound impact on the development of Orthodox literature, which saved generations of youth, he was influential leader of 19th century German Orthodoxy in many realms.  Subscribe to Jewish History Soundbites Podcast on: PodBean: https://jsoundbites.podbean.com/ or your favorite podcast platform Follow us on LinkedIn, Twitter or Instagram at @Jsoundbites For sponsorship opportunities about your favorite topics of Jewish history or feedback contact Yehuda at: yehuda@yehudageberer.com

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In this episode of The Wrap, Chris Whalen says this selloff is worse than Liberation Day because it's real economic dislocation — not just a market surprise — driven by the Iran war's devastating knock-on effects on energy, chemicals and global supply chains. He says the Fed should do nothing, because this inflation is caused by war not monetary policy and central banks can't fix a sulfur shortage. But he warns QE is coming anyway — "the question is not if, but when" — because Congress refuses to deal with the deficit and the Fed will eventually be forced to monetize the debt. He's been cutting market exposure, raising cash, and buying physical metals on the dip. On private credit he sees a slow-motion trainwreck with a Lehman moment still possible, and says Washington is going to make it worse by ignoring it.Thank you to our partners at Goldco. Get your free 2026 Gold & Silver Kit at https://goldco.com/thewrapLinks:    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira826Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen    Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricingTimestamps:0:00 - Intro and welcome Chris 01:00 - The Fed should do nothing — you can't fight war inflation with rate hikes 2:39 - Why this inflation is fundamentally different from 2021 3:03 - Powell got it wrong on QE — and Trump totally mishandled the situation 4:12 - The rationale for doing nothing — the dual mandate is the problem 5:12 - Jobs report — 178,000 jobs added, unemployment at 4.3% 8:02 - M2 is expanding — this economy keeps going regardless of policymakers 9:01 - Are we headed for a recession? 10:06 - The John Dizard interview — diesel is the real key to the global economy 12:54 - Even if the war ends tomorrow — damage will take months or years to fix 20:00 - Whalen has been cutting market exposure and raising cash 20:28 - Is this worse than Liberation Day? "I think it is — much more significant" 21:29 - Why gold and silver sold off — Gulf states raising cash 22:41 - What's behind the dollar rebound23:28 - QE is coming — "not if, but when" 25:09 - Viewer Mail: Second and third order impacts of the oil surge on liquidity 26:47 - Viewer Mail: Can private credit break all at once? 28:16 - Viewer Mail: Should I lock my mortgage rate now? 29:05 - Viewer Mail: Rising long-term rates and Annaly — what am I missing? 30:31 - Viewer Mail: What can Treasury do to help private credit? 32:06 - Is it too late to do anything about private credit? 34:07 - What Whalen is watching next week — credit, Treasury market, mortgage rates

New York Times' bestselling author Larry McDonald, founder of The Bear Traps Report, returns to The Julia La Roche Show for an in-person episode discussing the risks in the markets today. McDonald makes the case that private credit is this cycle's subprime — opaque, over-leveraged, and already cracking — and warns that the retail investors who were sold quarterly liquidity on an inherently illiquid asset class are about to find out the hard way. He also breaks down why stagflation is the defining macro theme of 2026, why the 60/40 portfolio is broken, and why the great migration out of financial assets and into hard assets — energy, copper, gold, and commodities — is only in the second or third inning. Plus: a surprising first-ever Bitcoin buy, why natural gas is his top multi-year trade, and the under-the-radar risk nobody is talking about.Links: How To Listen When Markets Speak: https://www.amazon.com/Listen-When-Markets-Speak-Opportunities-ebook/dp/B0C4DFVFNR Colossal Failure of Common Sense: https://www.amazon.com/Colossal-Failure-Common-Sense-Collapse/dp/B002IFLWMKTwitter/X: https://twitter.com/Convertbond Bear Traps Report: https://www.thebeartrapsreport.com/0:00 Intro: Welcome back Larry McDonald, founder of The Bear Traps Report & author of "How to Listen When Markets Speak" 1:21 Private credit: is this cycle's subprime already here?7:30 The Trump off ramp: 2025 vs. 2026 and what's different this time9:43 Stagflation: sticky energy prices, slowing growth, and the TACO trade13:14 The Fed's next move — hike or cut? 15:30 The great migration: from financial assets to hard assets16:58 Mag7 double-digit drawdowns and the rotation playing out now19:36 Is there a relationship between energy costs and the private credit crisis?22:41 Gold, silver and precious metals — tourists flushed out, time to buy26:13 First ever Bitcoin buy — the gold-to-Bitcoin ratio and why now30:10 The under-the-radar risk: UK fiscal crisis and bond vigilantes32:30 US fiscal picture: $39 trillion in debt and the dollar's secular decline36:48 Why anyone still owns long-term bonds — and why that's changing39:21 Lehman lessons43:09 Is private credit already a crisis?48:00 Parting thoughts and how to find The Bear Traps Report

Gold Rallies $27 As Economy Nears Brink Of ‘Destruction' Let's just say that the events over the weekend have not lessened the probability that the global economy could be in for the shock of our lifetimes. The gold price is up $27, while silver is back over the $70 mark, yet the markets continue to sleep through the growing probability of a serious market dislocation. Think on the scale of Lehman or COVID. And to discover why we're in the midst of such a dangerous scenario, click to watch this video now! - To read more about the completion of Dolly Verger with Contango, ORE, go to: https://dollyvardensilver.com/contango-completes-merger-with-dolly-varden/ Get access to Arcadia's Daily Gold and Silver updates here: https://goldandsilverdaily.substack.com/ - Join our free email list to be notified when a new video comes out: click here: https://arcadiaeconomics.com/email-signup/ - Follow Arcadia Economics on twitter at: https://x.com/ArcadiaEconomic - To get your copy of 'The Big Silver Short' (paperback or audio) go to: https://arcadiaeconomics.com/thebigsilvershort/ - #silver #silverprice #gold And remember to get outside and have some fun every once in a while!:) (URL0VD)Subscribe to Arcadia Economics on Soundwise

In this episode of The Wrap, Chris Whalen says stagflation is now the base case — the Iran war has already cost American investors trillions in reduced investment value, Treasury auctions are weak, and mortgage rates are heading toward 7% if the 10-year hits 5%. Despite all of this, he still calls for a Fed cut in April, arguing the inflation is caused by war not monetary policy, and the Fed's real mandate is employment. He says we're heading toward a medium to long-term reset in risk premia, equities are out and debt is in, and that a recession by 2028 — "misery on the eights" — is becoming a near certainty. He's adding to gold and silver on the dip and if Annaly goes down he's buying more.Thank you to our partners at Goldco. Get your free 2026 Gold & Silver Kit at https://goldco.com/thewrapLinks:    The Institutional Risk Analyst: https://www.theinstitutionalriskanalyst.com/  The Wrap: https://www.theinstitutionalriskanalyst.com/post/theira826Inflated book (2nd edition): https://www.barnesandnoble.com/w/inflated-r-christopher-whalen/1146303673Twitter/X: https://twitter.com/rcwhalen    Website: https://www.rcwhalen.com/   Use the code TheWrap2026 for 25% off your first year of The Institutional Risk Analyst https://www.theinstitutionalriskanalyst.com/plans-pricingTimestamps:0:00 - Intro and welcome Chris 0:47 - The Iran war and long-term damage to the global economy 2:18 - Are we headed toward more inflation? 2:41 - The term structure of interest rates is blowing out — here's why4:02 - Making the case for a Fed cut despite $100 oil 4:26 - Stagflation is ahead5:30 - The Fed's real mandate is employment — that's what forces the cut6:40 - Whalen calls for a rate cut in April 7:51 - What difference would a cut actually make? 8:19 - Bonds are behaving like equities 9:08 - The $5.12 trillion cost of the Iran war to American investors 11:11 - Where Whalen is putting his own money right now 13:03 - Why the market has stayed resilient despite all the headlines 13:53 - Private credit - Is Apollo facing a Lehman moment? 18:53 - Weak Treasury auctions — what that means for mortgage rates20:06 - People don't want to understand what the war is doing to the economy 21:03 - This year is the opposite of last year — no easy trades 21:58 - Bob Elliott's world where long rates are closer to 4% than 2% — is that the new normal? 23:11 - If the 10-year hits 5% has the bond market lost trust in the Fed?24:16 - Gold at $4,500 today — volatile but Whalen is staying long 25:26 - Viewer question: crypto-backed mortgages with Fannie and Freddie? 27:20 - Is recession now a near certainty?28:07 - Viewer Mail: What are the downside risks to Annaly? 30:00 - Viewer Mail: Should you invest in Canadian banks? 31:49 - What Whalen is watching next week

We return to the wordless and spare once more. Lehman's Caldecott Honor winning title is an exercise in restraint. And since Kate is extra tired these days with her baby, I figured getting her a book with as few words possible was a smart way to go. We discuss super grippy mittens, how to "pull-a-Curious-George", and we divide on the ending. Where do you fall? You can read the full Show Notes here: https://afuse8production.slj.com/2026/03/23/fuse-8-n-kate-the-red-book-by-barbara-lehman/

In this episode of the Dudes and Dads Podcast, hosts Andy and Joel welcome back Andy’s dad, Chuck. They explore the critical importance of Sabbath and preventing ministry burnout. Chuck shares his journey of downsizing Rest Ministries, trusting God's timing during long transitions, and establishing healthy rhythms of restorative rest. Links:

In this episode, Lex chats with Yoshi Yokokawa, CEO of Alpaca — a brokerage infrastructure company that provides API-based trading and custody services to fintechs and developers globally. The conversation begins with their shared experience at Lehman Brothers during the 2008 financial crisis, where Yoshi worked in fixed income securitization and learned that even when market participants sense a bubble, they keep dancing because timing the exit is impossible. After Lehman's collapse, Yoshi pursued entrepreneurship, building a computer vision AI company acquired by Kyocera before founding Alpaca in 2017. Initially inspired by Robinhood, Yoshi pivoted after experiencing firsthand the friction of accessing brokerage infrastructure—realizing the deeper opportunity was building API-first brokerage rails for developers. Today Alpaca powers 9 million accounts through 300+ partners across 45 countries, recently raising $150 million at a unicorn valuation. The discussion explores how Alpaca follows Robinhood's product roadmap to anticipate partner demand, the challenges of adding crypto, and Yoshi's thesis that finance is undergoing a generational shift from digital to on-chain operations. Lex shares examples of legacy infrastructure dysfunction—from faxing PDFs to TD Ameritrade in 2012 to the Synapse collapse caused by manual CSV uploads—illustrating why Alpaca built its own custody and ledger systems as a path to competing in the $350 trillion global securities custody market. NOTABLE DISCUSSION POINTS: Alpaca's biggest breakthrough was not a better investing app idea, but recognizing that the real bottleneck was brokerage infrastructure. Yokokawa and team initially explored B2C product concepts, but pivoted once they experienced firsthand how painful broker-dealer setup, custody, and clearing integrations were. For readers building fintech, this is a huge lesson: the highest-value opportunity is often the “invisible” infrastructure pain, not the user-facing feature set. They found product-market fit by starting with a narrow wedge (API for automated traders) and only then expanding into a broader platform (Broker API for fintech apps). Alpaca did not begin by serving large fintechs; it first attracted power users who urgently needed programmable execution, then used inbound demand (“can I build my own Robinhood?”) as proof to build account opening, reporting, and full brokerage APIs. This is a valuable go-to-market pattern for infrastructure startups: win with a sharp use case, then expand into the system of record. Yokokawa's core strategic edge is full-stack control of licenses, memberships, and ledger technology rather than relying on legacy vendors. He explicitly ties this to lessons from historical fintech fragility (manual workflows, broken reconciliations, middleware failures) and argues that owning the custody/clearing layer is what makes Alpaca defensible long term. For readers, this is the key takeaway on moat-building in financial services: if you don't control the ledger and operational core, your product may scale faster at first but remains structurally fragile. TOPICS Alpaca, Lehman Brothers, Barclays, Nomura, Neuberger Berman, Blackrock, Robinhood, Interactive Brokers, TD Ameritrade, BNY Mellon, Brokerage infrastructure, API, trading, tokenization, embedded finance, fintech, crypto, web3   ABOUT THE FINTECH BLUEPRINT

The return of "What About?" Wednesdays! Text us your questions for apologist and pastor Robby Lashua!As a director within Missions Door, Bob Lehman has a span of ministerial impact that is VERY impressive.  As the founding pastor of two unique church plants, his commitment to the community of the local church is BEYOND impressive.But, what spurs incredulity is that he has the passion and drive to maintain both.Where was that passion born?  At what point did he realize that God's call on his life would be so vast and encompassing?  What steps did he take and what spiritual disciplines does he maintain so that he remains attentive to God's lead as he leads?  These questions are what drive an extremely insightful Kingdom Culture Conversation with a man that many call a "pastor's pastor".For more information on Missions Door, please follow this link.To discover more about Bob's home church where he both leads and learns, please click here:  SonoranChapel.com "Kingdom Culture Conversations" is a podcast created by Northwest Christian School in Phoenix, Arizona.For more information on Northwest Christian School, visit: https://www.ncsaz.org/To reach out to Geoff Brown, please email gbrown@ncsaz.org or you can reach him by cell phone: (623)225-5573.

WKC Toy Group Winning Handler Tim Lehman on Campaigning a Maltese and Drop-Coat Excellence Fresh off his Toy Group win at the Westminster Kennel Club Dog Show, Tim Lehman joins Pure Dog Talk to share the story behind Cookie, the breathtaking Maltese who captured hearts at the Garden. From a childhood obsession sparked in a Minnesota library to standing in the Best in Show lineup under the spotlight at Madison Square Garden, Tim's journey is a testament to mentorship, meticulous coat care, purposeful breeding and staying in the path of kindness. Lehman, a self-described “boutique handler,” takes us behind the scenes of campaigning Cookie, the exquisite Maltese who finished the year as the Number 4 Toy Dog—all on a limited schedule of fewer than 50 shows. Tim shares how balance—between his career as a hairstylist and his life with dogs—has shaped his approach to showing, conditioning and long-term success. [caption id="attachment_15212" align="alignleft" width="446"] Who says show dogs aren't real dogs?! Cookie is all wrapped up and playing with her favorite ball.[/caption] We dive deep into the art and science of maintaining a drop coat at the highest level. Maltese coat care is not about secret products or miracle sprays. According to Tim, it's about daily vigilance, disciplined wrapping, gentle grooming and knowing when to pull back. “Virgin hair,” as he calls it, is preserved through consistency and restraint. From bathing routines to managing coat breakage in four-day show weekends, Tim explains why what happens at home matters more than what happens ringside. The conversation also explores preservation breeding in action. Cookie represents six generations of intentional, thoughtful breeding—with multiple national specialty winners behind her. Tim discusses collaborating (and occasionally disagreeing!) with breeder Tammy Simon, the value of speaking your truth in breeding decisions, and the reality that even carefully planned breedings can produce surprises. In Maltese, where structure matures slowly and the coat requires years of commitment, patience may be the greatest virtue of all. We also talk about mentorship. Tim credits his early years working for the legendary Peggy Hogg for shaping his technical skills and eye for detail. His advice for aspiring drop-coat...

Wild turkey biologist Reina Tyl joins us to unpack her comprehensive study assessing population growth of Easterns in South Dakota.    Resources: Lashley, M. A., et al. (2025). Decreased female survival may explain wild turkey decline. bioRxiv, 2025-05. Tyl, R. M. (2019). Factors Influencing Survival, Productivity, and Population Growth of Eastern Wild Turkeys in Northeastern South Dakota. West Virginia University. Tyl, R. M., Rota, C. T., & Lehman, C. P. (2025). Factors influencing eastern wild turkey population growth in northeastern South Dakota. Wildlife Society Bulletin, 49, e1636. Tyl, R.M., Rota, C.T. and Lehman, C.P., 2020. Factors influencing productivity of eastern wild turkeys in northeastern South Dakota. Ecology and Evolution, 10(16), pp.8838-8854. Tyl, R.M., Rota, C.T. and Lehman, C.P., 2023. Factors influencing survival of female eastern wild turkeys in northeastern South Dakota. Wildlife Society Bulletin, 47(2), p.e1429.   Our lab is primarily funded by donations. If you would like to help support our work, please donate here: http://UFgive.to/UFGameLab   Don't miss out on a chance to win a custom Benelli Super Black Eagle 3! This 28-gauge shotgun features a 28' barrel, 3" chamber, and is exclusively dipped in Mossy Oak Full Foliage not available to the public. Enter the online raffle below for a shot at owning this one-of-a-kind gun! This is literally a one-of-one collectable item. https://e.givesmart.com/events/Nqy/   We've launched our second online wild turkey course! Enroll in  Wild Turkey Manager: Biology, History & Habitat to learn about the principal biology, mating, behavior, food selection, human dimensions, hunter interactions, and historical context of wild turkeys. This course is accredited by the Society of American Foresters as a Category 2 course worth 7 Continuing Forestry Education credits. Participants can also earn up to 5 CEUs in Category I of The Wildlife Society's Certified Wildlife Biologist Program. Enroll now: https://tinyurl.com/WildTurkeyManagerBio   Be sure to check out our first comprehensive online wild turkey course featuring experts across multiple institutions that specialize in habitat management and population management for wild turkeys. Earn up to 20.5 CFE hours! Enroll Now!    Dr. Marcus Lashley @DrDisturbance, Publications Dr. Will Gulsby @dr_will_gulsby, Publications Turkeys for Tomorrow @turkeysfortomorrow  UF Game Lab @ufgamelab, YouTube   Want to help wild turkey conservation? Please take our quick survey to take part in our research!   Do you have a topic you'd like us to cover? Leave us a review or send us an email at wildturkeyscience@gmail.com!   Watch these podcasts on YouTube   Please help us by taking our (quick) listener survey - Thank you!    Check out the DrDisturbance YouTube channel! DrDisturbance YouTube   Want to help support the podcast? Our friends at Grounded Brand have an option to donate directly to Wild Turkey Science at checkout. Thank you in advance for your support!   Leave a podcast rating for a chance to win free gear!   This podcast is made possible by Turkeys for Tomorrow, a grassroots organization dedicated to the wild turkey. To learn more about TFT, go to turkeysfortomorrow.org.    Music by Artlist.io Produced & edited by Charlotte Nowak

Pastor Larry Nagengast is our guest host for a discussion with Matthew Lehman. They spoke about ministry at Harvest and adjusting to Guam as a new staff member.

Send a textIn this episode Matt and Matt discuss Mr. Lehman, and you have no idea who that is, most likely, along with the movie Flow and its effects and .Weird News including the J-Town Goose Wrangler, A deadly kite battle is resurrected, Stacking the sack in your favor, Breaking into work, And the portal wasn't the only thing opening up.Open up your portals, we're coming in.

Wild turkey biologist Reina Tyl joins us to unpack her comprehensive study assessing population growth of Easterns in South Dakota.    Resources:   Lashley, M. A., et al. (2025). Decreased female survival may explain wild turkey decline. bioRxiv, 2025-05.   Tyl, R. M. (2019). Factors Influencing Survival, Productivity, and Population Growth of Eastern Wild Turkeys in Northeastern South Dakota. West Virginia University.   Tyl, R. M., Rota, C. T., & Lehman, C. P. (2025). Factors influencing eastern wild turkey population growth in northeastern South Dakota. Wildlife Society Bulletin, 49, e1636.   Tyl, R.M., Rota, C.T. and Lehman, C.P., 2020. Factors influencing productivity of eastern wild turkeys in northeastern South Dakota. Ecology and Evolution, 10(16), pp.8838-8854.   Tyl, R.M., Rota, C.T. and Lehman, C.P., 2023. Factors influencing survival of female eastern wild turkeys in northeastern South Dakota. Wildlife Society Bulletin, 47(2), p.e1429.   Our lab is primarily funded by donations. If you would like to help support our work, please donate here: http://UFgive.to/UFGameLab   We've launched our second online wild turkey course  ! Enroll in  Wild Turkey Manager: Biology, History & Habitat to learn about the principal biology, mating, behavior, food selection, human dimensions, hunter interactions, and historical context of wild turkeys. This course is accredited by the Society of American Foresters as a Category 2 course worth 7 Continuing Forestry Education credits. Participants can also earn up to 5 CEUs in Category I of The Wildlife Society's Certified Wildlife Biologist Program. Enroll now: https://tinyurl.com/WildTurkeyManagerBio   Be sure to check out our first comprehensive online wild turkey course featuring experts across multiple institutions that specialize in habitat management and population management for wild turkeys. Earn up to 20.5 CFE hours! Enroll Now!    Dr. Marcus Lashley @DrDisturbance, Publications Dr. Will Gulsby @dr_will_gulsby, Publications Turkeys for Tomorrow @turkeysfortomorrow  UF Game Lab @ufgamelab, YouTube   Want to help wild turkey conservation? Please take our quick survey to take part in our research!   Do you have a topic you'd like us to cover? Leave us a review or send us an email at wildturkeyscience@gmail.com!   Watch these podcasts on YouTube   Please help us by taking our (quick) listener survey - Thank you!    Check out the DrDisturbance YouTube channel! DrDisturbance YouTube   Want to help support the podcast? Our friends at Grounded Brand have an option to donate directly to Wild Turkey Science at checkout. Thank you in advance for your support!   Leave a podcast rating for a chance to win free gear!   This podcast is made possible by Turkeys for Tomorrow, a grassroots organization dedicated to the wild turkey. To learn more about TFT, go to turkeysfortomorrow.org.    Music by Artlist.io Produced & edited by Charlotte Nowak  

Performance and Works used with permission from the artist and venue. Mixing jazz, blues and funk with a healthy dose of the Hammond B3, the Pittsburgh based Norside produces a sound best described as Rust Belt Funk. Whether they're playing alongside contemporaries such as The New Mastersounds and Bar Kays, or pushing boundaries with the Steeltown Horns, Norside embodies the commitment to giving the Hammond B3 room to breathe and pushing musical boundaries. For this performance, they're joined by pre-eminent Northeast Ohio trumpeter Tommy Lehman. By this point in the program, Tommy needs no introduction but he travels extensively both as a member of Alla Boara and The Admirables and as the leader of multiple groups under his own name. Featuring Tommy Lehman on Trumpet, Skip Sanders on the Hammond B3, Steve Ippolito on Drums and Glenn Strother on Guitar, and from a March 13th, 2025 performance, it's Norside featuring Tommy Lehman…Live at the Bop Stop.

Milyssa talks with psychic medium Patti Lehman about her work in New Jersey.Become a supporter of this podcast: https://www.spreaker.com/podcast/paranormal-uk-radio-network--4541473/support.

Jake shares a powerful, practical, and Spirit-led word on what it means for husbands to walk as priests, kings, prophets, and lovers in their home. With fresh revelation on the biblical role of husbands and the divine strength of a wife as ezer (helper), this message offers hope, restoration, and a blueprint for thriving, God-designed marriages.

Galen Clavio is joined by Taylor Lehman to put a bow on Indiana football's national championship run — starting with what actually happened in the title game against Miami, why it got dicey in the third quarter, and the handful of pivotal moments (including the blocked punt TD and the late interception) that slammed the door. From there, it's a forward-looking, roster-building deep dive: how Indiana replaces key departures (including Stephen Daley, Aidan Fisher, D'Angelo Ponds, and Lewis Moore), why continuity with Curt Cignetti's staff matters, and what the portal class says about the program's “production over potential” strategy heading into 2026 — with detailed talk on Josh Hoover at QB, the tight end depth concern, and why the new wide receiver room could be even nastier. Presented by Homefield Apparel and Posh Hotel Bloomington.

As Lehman Brothers teeters on the edge of bankruptcy, Treasury Secretary Hank Paulson summons Wall Street's most powerful figures for one fateful weekend—their last chance to save Lehman and prevent the collapse of the global financial system.Be the first to know about Wondery's newest podcasts, curated recommendations, and more! Sign up now at https://wondery.fm/wonderynewsletterListen to American Scandal on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App, Apple Podcasts or Spotify. Start your free trial today by visiting wondery.com/links/american-scandal/ now.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Michelle Warner took the “escapee avoidance” route — she planned to do the traditional MBA-to-consulting path… then graduated straight into the Great Recession (the day Lehman fell). That curveball pushed her into entrepreneurship early: a founder-for-hire role turning a multi-billion-dollar foundation asset into a business, followed by a mission-driven tech startup, and eventually her current work helping small business owners design the next iteration of their business.This is a tactical episode about what actually works when you're leaving corporate: why you should “throw spaghetti at the wall” early, how to stop doing random coffee chats, and how to use relationship marketing and audience borrowing to land clients faster — without turning into a sales robot.What you'll learn • Why “sequence over strategy” matters more than the perfect plan • The hidden risk of being too strict and narrow early on (and why it creates regret later) • How Michelle built her business through relationship marketing, not content churn • “Audience borrowing” as the fastest way to build trust and pipeline • How to approach connector conversations vs. client conversations • Why your early goal is simple: learn how to make money and stack wins • A practical way to think about packaging: repeatable frameworks, flexible middleKey moments / highlights • Graduating into chaos: the day Lehman fell and what it changed • Founder-for-hire: getting a salary while living the startup founder life • Affordable internet in inner cities — and what customers actually did with it • “Fractional CEO” before fractional was trendy • The rule: don't build with blinders on for too long • The shift from “networking for jobs” to networking as a long-term business asset • The line that matters: say something that people can't “unsee” after the callMichelle's core concepts (worth stealing) • Sequence over strategy: the order of moves beats the elegance of the plan • Throw spaghetti first: test offers, clients, and problems before you commit • Connection avatar: define who's worth meeting so networking doesn't waste your life • Trust transfer: get introduced through people/places your audience already trusts • Audience borrowing: build relationships with people who “own the room” your clients are inBest quote energy • “Learn all the rules so you can go break them.” • “It's more important the order you do things than how good you are at it.” • “I'm totally unemployable.” (Escapee anthem)Connect with Michelle • Website: themichellewarner.com • Podcast: Sequence Over Strategy (short, practical episodes; curated playlists on her site)Connect with Brett / The Escapee ecosystem • If corporate is broken and you're looking at an exit strategy, this is your sign. • Join the community: TheEscapeeCollective.com

The Wealth Formula Podcast is one of the longest-running personal finance podcasts still standing. For more than a decade, I've shown up every single week to talk about investing, markets, and the forces shaping the economy. What's interesting is how much my own thinking has evolved over that time. Early on, I was more rigid. I was—and still am—a real estate guy. But back then, I didn't give much thought to ideas outside that lane. I was dogmatic, and I didn't always challenge my own beliefs. Time has a way of doing that for you. I've now lived through multiple market cycles. I've watched the stock market melt up to valuations that felt absurd—and then keep going. I've seen gold go from flat for a decade to parabolic over a year. I've seen interest rates sit near zero for a decade and then snap higher at the fastest pace in modern history. And I've learned, sometimes the hard way, that diversification is about survival and that every asset class has its day. One lesson I learned that I am thinking a lot about these days is: ignore major technological shifts at your own peril. Back in 2014, I first started hearing people talk seriously about Bitcoin. At the time, I dismissed it. I listened to the critics, was convinced it was a scam, and didn't take the time to truly understand it. That was a mistake—not because everyone should have bought Bitcoin, but because I ignored a structural change happening right in front of me. Bitcoin went from a cypherpunk expression of freedom to the largest ETF owned by BlackRock. Today, the dominant story is artificial intelligence. And whether you love stocks, hate stocks, prefer real estate, or focus exclusively on cash flow, you cannot afford to ignore AI. This isn't a fad. It's a general-purpose technology—on the scale of electricity, the internet, or the industrial revolution itself. That doesn't mean it's easy to invest in. It's hard to look at headline names trading at massive valuations and feel good about buying them today. But investing in AI isn't about chasing a single company. It's about understanding second- and third-order effects: energy demand, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of it. What experience has taught me is this: you don't need to be first to invest—but you do need to be early in understanding. If you wait until something feels obvious, most of the opportunity is already gone. This week's episode of the Wealth Formula Podcast is focused squarely on AI and blockchain—what's real, what's noise, and where the long-term implications may lie. Listen to this episode. You'll come away smarter. And years from now, you may look back and realize this was one of those moments where paying attention really mattered. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with the Wealth Formula Podcast. Coming to you from Montecito, California. Today we wanna start with a reminder. We are in a new year and we are already doing deals, uh, through the Wealth Formula Accredit Investor Club. You can go and sign up for that for free. Uh, wealth formula.com just hit investor club and you just get on there and, and you’ll get onboarded. And from there, all you gotta do is wait for deal flow and webinars coming to your inbox. And, um, you know, if nothing else, you learn something. So go check it out. Uh, go to. Wealth formula.com and sign up for Investor Club now onto today’s show. Uh, the, it is interesting. I don’t know if you are aware it’s a listener, but we are, wealth Formula is, uh, probably I would say one of the, certainly in the one of the top longest running personal finance podcasts still. Standing. Uh, I’ve been around, well, I think the first episode was on like 2014, so it was a long time, but in earnest, you know, at least for over a decade. And, you know, during that time, I’ve shown up every week, every single week. Don’t Ms. Weeks, but none, none. Isn’t that incredible? I’ve shown up, uh, talked about investing and talked about very way markets are working, forces, shaping the economy, all that kind of stuff. But you know, as you can imagine, as a. As a younger individual versus, um, my crusty self. Now, you know, a lot of my own thinking has evolved over that time, you know, back then. And I, you know, I think this appealed to some people, but, um, you know, I was really dogmatic. I’m a real estate guy, right? And I still am a real estate guy, but back then I wouldn’t give anything else the time of day to even think about, you know, and, and, uh, I, I, you know. I was dogmatic and didn’t always challenge my own belief systems. Um, I’m different now, right? I’ve softened And time is a way of, of changing all of that dogmatic stuff for you. You know, I’ve lived through multiple market cycles. I’ve watched, well, I’ve watched the stock market, which I, which I always maligned, you know, melt up to valuations. Uh, that felt absurd. And then keep going higher. I’ve seen gold, which was kind of ridiculous for the longest time. I watched it for like a decade, just pretty much flat, and then it goes parabolic. Over the last year, I’ve seen interest rates sit near zero for a decade and then snap higher. Uh, not even as time, just launch higher at the fastest space in modern history. And I’ve learned sometimes I guess, the hard way that diversification is about survival and that every class, every asset class has its day. Just like every dog has its day. And um, you know, one other lesson that I learned that I’m thinking a lot about these days is ignore major technological shifts at your own peril. So what am I talking about? Well. It’s kind of a, it is a technological shift, whether you think it about not, but Bitcoin. Okay. Back in 2014, I first started hearing people talk seriously about Bitcoin, and at that time I dismissed it. I was, uh, I was listening to critics beater Schiff that constantly called it a scam, said it was going to zero and so on. I didn’t, I didn’t take the time to truly understand it, to try to understand it the way I understand it now, that makes me a believer in Bitcoin. That, of course was a big mistake, not because, you know, everyone should have bought Bitcoin and, uh, back then, well, they, you know, would’ve been nice if they did, but because fundamentally I ignored something that was a structural change happening right in front of me. And since then, Bitcoin went from a cipher punk expression of freedom to the large CTF owned by BlackRock today. The dominant story is actually artificial intelligence. Now, whether you love stocks, hate stocks, prefer real estate focused exclusively on cab, whatever, you cannot afford to ignore ai. It’s not a fad. It’s a general purpose technology and a technology shift, and the scale of electricity. The internet bigger than the internet, bigger than the industrial revolution. Now, that doesn’t mean it’s easy to invest in. I mean, I’m gonna go invest in AI and make a bunch of money because I mean, what does that even mean? It’s hard to look at headline names, trading at massive valuations like Nvidia and all that right now, and saying, oh, I’m gonna go buy that. Who knows? That’s gonna work out. When I talk about investing in AI isn’t really just investing in stocks or any individual company or data centers or whatever. It’s about understanding. The second and third order effects, energy demand. You know, as I mentioned, data centers, productivity gains, labor displacement, capital flows, and how blockchain and decentralized systems intersect with all of that. It is very, very complicated. Um, but it’s really important to start to try to understand, you know, an experience that stop me is this. You don’t need to be the first to invest, but you do need to be early in understanding. If you wait until something feels obvious, usually the opportunity’s gone by then. And you know, the thing about AI is even if you think it’s obvious now. The reality is that most people haven’t really caught on. Maybe they played with chat GPT, but I don’t think they’re understanding what this whole, you know, this thing is gonna do to our world. Um, anyway, so that is what this week’s episode of Wealth Formula Podcast, uh, is about. It’s about AI and also, um, a little bit about, you know, bitcoin and blockchain and that kind of thing. Um, we’re gonna talk about what’s noise, uh, you know, where the long, what the long-term, uh, implications are all of this stuff. This is a show that, uh, I really enjoy doing really, really good stuff. Um, so make sure you listen in. We’ll have that interview for you right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net. The strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own bank to invest in other cash flowing investments. Here’s the key. Even though you borrowed money at a simple interest rate, your insurance company keeps paying you compound interest. On that money, even though you’ve borrowed it, that result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique. It’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its backbone. Turbocharge your investments. Visit Wealth formula banking.com. Again, that’s wealth formula banking.com. Welcome back to the show, everyone. Today. My guest on Wealth Formula podcast is Jim Thorne, chief Market strategist at Wellington. L is private wealth with more than 25 years of experience in capital markets. He’s previously served as chief capital market strategist, senior portfolio manager, chief economist, and CIO. Uh, equities at major investment firms and has also taught economics and finance at the university level. Uh, Jim is known for translating complex economic, political, and market dynamics into clear actionable insights to help investors and advisors navigate long-term capital decisions. Uh, Jim, welcome with the program. Thanks for having me Buck. Well, um, Tim, I, I, I, uh, had been following a little bit of, uh, what you discuss on, uh, on X and, um, one of the things that caught my eye is, you know, your, your narrative on, on ai, a lot of people are tend to be still sort of skeptical of AI and what’s going on, uh, with the markets. Um, uh, but at the same time, uh, there’s this. Sense. I think that ignoring AI altogether as an investor is, is, is downright potentially dangerous. So, uh, at the highest level, why is AI something people simply can’t dismiss? Well, we live in an, uh, uh, you know, many other people have coined this term, but we live, we’re living in an exponential age of, of technological innovation. And, you know, AI and I’ll just add into their, uh, blockchain is just the normal evolutionary process that, you know, for me started when I left graduate school and came into the business in the nineties where everybody had this high degree of skepticism of the computer and the, the, the phone, the, the. And the internet. And so, you know, what we do is we go through these cycles and there are periods of time where the stars align. And we have a period of time where we have what I would call an intense period of innovation where I would suggest to you that. People are skeptical. Skeptical, and yet at the same point in time, they very early on in the, in the, in the trade, call it a bubble when it’s not. And so I think it comes from the position of ignorance. One, I think two, fear, and then three. If you think about if you are an active manager, I in a 40 ACT fund, um, you know, and you’re sitting there with, uh, you know, mi. Uh, Nvidia at, you know, eight or 9% of your index. And that’s a big chunk that you’ve gotta put into your fund, uh, just to be market neutral. So there’s a lot of people that hate this rally. There’s a lot of people that are can, going to continue to hate this rally. But the thing I anchor my hat on are a couple of things. Look at if this is no different than the railroad. Canals, any major technological innovation, will it become a bubble? Yes. Just not now. So, so let’s follow up on that, because a lot of people think, or are talking about the, do you know the.com bubble, uh, comparisons, and you’ve argued that that sort of misses the real story. So, so where are we getting it wrong right now? Are those people getting it wrong? In the nineties buck, you’d walk into a bar and there wouldn’t be ESPN on there’d be CNBC on people were getting their jobs to become day traders. Folks didn’t go to the go to university because they were basically getting their white papers financed. You had companies that were trading off of clicks. So I lived that. Anybody who is of a younger generation has no idea what a bubble is, and it’s specious and pedantic for them to use that term when they have no clue about what they’re talking about. But you did mention that it could become a bubble. How do we know when it does become a bubble? Oh, it’ll become a bubble. Well, when, when, when you know, the, what, what I am looking for is, you know, when we, when the good investment opportunities start to dry up, when liquidity starts to dry up. So what I, it’s not about valuation, to me it’s about liquidity. So in 2000, what, and I’m roughly speaking, what went down was you had all these companies that were trading at Strat catastrophic valuation, this stupid valuations, and you walked in one day and they didn’t get financing. And if you read the prospectus or you followed the company, you knew that they were not going to be free cash flow positive for another two or three rounds of financing. All of a sudden you walked in and everybody goes, oh my God, this thing, you know, trading at 250 times sales. And everybody went, yeah, of course. And so what it was is, was when does liquidity dry up? So I’ll give you a date, um, you know, with Trump’s big beautiful bill act. 100% tax deductibility of CapEx and that goes until Jan 1, 20 31. So to me, that’s a very motivating factor for people to, um, invest. The last thing I would say to you in more of a game theoretic context book is, look, if you are a big tech company and you don’t invest in ai. You are ensuring your death. Yahoo, Hela Packard. I can go through the list of companies that cease to invest, so they’re looking. If it was you and I when we were running this company, I would say, dude, we gotta invest because if we don’t have a poll position in this next platform, whatever it is, we’re done. We’re toast. And I think that’s why you’re seeing all these hyperscalers spending as much money as they are. ’cause they get this, they saw it. So, you know, you framed ai not necessarily as a a tech trade, but as a capital expenditure cycle. Can you explain that to people? Well, what we need to do is we need to build out the infrastructure of ai. Then, and that’s the phase that we’re in right now. So it’s more like we’re building out all of the railroads, the railway tracks and the railway stations across the United States back in the 18 hundreds. And then we’re gonna go through that building phase. And then as that building phase goes, some companies, some towns, are going to basically realize and recognize what’s happening and start to basically take ai. Bring it into their business model, into enhanced margins. Right. So right now we’re building it out. I mean, you know, we all focus on the hyperscalers, but the majority of companies, pardon me, governments. Individuals, they haven’t used AI and, and what is interesting about this is back in the nineties, they were talking about how the internet had to evolve to be much more. You know, uh, have critical thinking in, in, in it. And it was more explained when you went to these conferences, as you know, you know, think about this. You’re hearing this in 99, okay? Not today. You go in and you ask Google or dog pile at the same time, or excite, okay? You would say, I wanna go to Florida in the third week of March and I wanna stay here and I wanna spend this amount of money and I wanna rent a car. Plan it for me. And they would come back and they would tell you that it would come back and it would, it would, everything would be there. And you would have your over here and all you would have to do is drop your money and you had your thing planned. So none of this is as, it’s aspirational, but we’ve heard it before. And in technology, what happens is it’s not like it’s new. We’ve been talking to, I did machine learning in in graduate school. Ai, you know, I did neural networks and I’m a terrible Ian. This isn’t, you know, Claude Shannon wrote about this in 1937, right? But it’s about when does it hit, and so it was chat GBT. Can we argue, was that right? As an investor, it’s stop arguing, start investing. Then what you’ve gotta figure out, which is the question you ask, is when does the music stop? I think it goes until the end of the decade. You know, one of the things that, uh, is interesting about this, uh, AI investment, uh, it’s, it’s unfolding in a higher interest rate environment. Why is that detail so important? Understanding its significance? Well, it’s the cost of capital, right? And so this phase that we have right now. It’s funny you say that, right? ’cause our reference point is zero interest rates, right? Yeah, yeah. Right. That’s right. So, you know, you know, so, so think about this, what it happens right now. Now we’re in the phase where you’ve got these hyperscalers that instead of taking all their free cash flow and buying bonds and buying back stock, are increasing CapEx because there’s a great tax deduction on it. So you get a lot of, so we’re in this phase where, for where, where a lot of the money is, you know, was. Was, let me, let me be clear, was a hundred free cashflow. Now we’re getting these guys, these companies like Oracle and what have you, you know, starting to issue debt and look at debt isn’t bad as long as the rate of return on debt is higher than the interest rates. And so, you know, you know, I, I would say historically speaking, for a lot of these high quality names, the interest rates are not, uh, at levels that will stop them from investing. Right. Right. You know, you’ve written that, um, productivity is ultimately the real story behind ai. So why does productivity matter more than the technology headlines themselves? Well, let me just put it this way, right? So we’ve grown, I grew up, I, I joined, I’m up here in Toronto, right? So I’m gonna give it to you in Canadian dollars, right? So I joined, I joined here. You know, I grew up here, went to the states, came back home. Growing this company I joined when we’re about three and a half billion. We’re getting close to 50 billion, and we’re the fastest growing independent platform in the country. I’m a one man band, right? I use three ai. In the old days, I’d have four research assistants. Where’s the margin in that? And so I, that’s how I see it. And let me be clear, it’s, you know, this isn’t we’re, it’s not perfect. But if I wanted to say, instead of you, but hey, write me a 2000 word essay on the counterfactual of what happened with railroads up until 1894 when the, when the bubble popped, give me a f, you know, a a thousand word essay and, and just a general overview. I can get that in less than five minutes. Michael Sailor is writing product on ai, which, which, which you would take, which you would take. He’s in his presentation, say it would take a hundred lawyers. So it’s gonna be more about those. And it’s, it’s no different than Internet of things or, you know, it was, uh, Kasparov that talked about this. Gary Kasparov talking about the melding of, of technology in humans. He would ran, run this chess tournament called freestyle. You could use a computer, you could use, you know, grand Masters. You could use whatever you wanted to compete. And who won? Well, who won it Was that those teams that were generalists that had a little bit of that, the knowledge of the computer and the knowledge of the test. Uh, o of chess, right? That’s what’s gonna happen. So this isn’t we’re, as far as I’m concerned, we’re not, yes, there’s going to be some d some jobs that are going to be replaced, but that is always the case in technology. I’m not a Luddite, okay? I am not Luddite. But the same point in time. I, I would suggest to you that it, it is just a really, for me, it’s a, helps me. Do research no different than when I was an undergrad and they went from cue cards in the, the library at the university to actually having a dummy terminal and I could ask questions in queue. You know, it stalked me from having to go to the basement of the library and going to microfiche. Right. Have helping that way. Now can it, can, will it do other things? I’m sure it is, and I’ll lead that to Elon Musk and the crew. You know, that’s above my pay grade. But for me, I see it as a very helpful way of, you know, allowing me to process and delineate. Much more information a a and not have me waste so much time trying to figure out what got went on in the past or, you know, QMF. Right. You know, summarize me the talk five, you know, academic papers in this area, what are they saying? And then they gimme the papers. Right. It just speeds the process up. Yeah. You know, um, one of the things that I’ve been sort of talking about and thinking about. Is that it’s hard to not see AI as a very, very strong deflationary force. Um, how do you think about that? Yeah. Technology is deflationary, right? Doubt about it. And so I look at it this way, Ray. Um, so I work at the financial services industry, okay. You know, Mr. Diamond of JP Morgan is talking about how they are starting to embrace blockchain and ai. They are going to cut out the back end of that in the, the margins in that, in that company by the end of the cycle are going to be fantastic. People just do not get in. You know, the financial services industry is built on a platform. Of the 1960s, dude. I mean, they’re still running Fortran, cobalt. So you know what I, how I look at this is much more as a margin type story, and there’s going to be a lot of displacement. But at the same point in time, I look at Tesla and automation and ai. And you know, people look at Tesla as a car company. I look at Tesla as an advanced manufacturing company. Elon Musk could basically go into any industry and disrupt it if it wanted to. Right. So that’s how I look at it. And so, you know, the hard part is going to be, you know. Nothing. If we get back to where we were, it’s not going to be perfect, right? Because here’s, here’s where the counter is, here’s where the counter is. Right? If you, if, if you think about, and we’re, I’m gonna take Trump outta the equation and ent outta the equation right now, but if we just went back to the way things were before COVID, we would have strong deflationary forces. Okay. Just with demographics, just with excessive levels of debt. Just with, you know, pushing on a string in terms of, in terms we couldn’t get the growth up, you know, and, you know, and the overregulation of financial institutions. Trump and descent are basically applying what’s called supply side economics, and they’re deregulating. It’s says law, which is John Batiste, that says basically supply creates his own demand and it’s non-inflationary. But really what they’re going to try to do is they’re going to try to run the economy hot and they’re gonna try to pull this way out of the debt. And if you do that and you deregulate the banks. And allow the banks to get back to where they were before the financial crisis. Okay. You know, and, and the Fed takes its interest rates down to neutral, expands the balance sheet. Then I don’t think we’re gonna go back to the zero bound in deflation. I think this thing’s gonna run hot for a long time. And I think it, the real question is, is, is is 2 75 in the United States the neutral rate? I think it is. Uh, but as, as, as Scott be says, and, and, and, and, and let’s be clear, buck, the guy’s a superstar. Okay. Guy is a legend. Just you sit there, just shut up and listen to him. Okay. They keep up, right? Well, so they’re gonna run it hot, but where we are is, in his words, mine, not mine. We’re still in this detox period, you know what I mean? We still got the Biden era. We still got, you know, a over a decade of excessive ca of Central Bank intermediation. That needs to get, you know, go away. So what I say, and what I’ve been writing about is 26 is going to be the year that the baton is passed back to the private sector. Let’s get rates down to 2 75. That’s, I mean, I’m going off the New York Fed model. That says real fed funds, the real, the real neutral rate is 75 to 78 basis points. I think inflation’s at two. That that gets you 2 75. Get the rates there and then get the balance sheet of the Fed to the level so that overnight lending isn’t loose or tight. It’s just normal. And then step back, go away and let Wall Street and the private sector create credit. Create economic growth and let’s get back to the business cycle. And if we do that, we’re gonna have non-inflationary growth. It’s gonna be strong, but we’re not going back to the zero bound and we’re gonna grow our way out of this. And so that’s where I get really excited about. This is a very unique time in history. A very, very, very unique time in history where, and I don’t know how long it’s going to last because of the compression that we have now because of the, you know, we live in such a digital world, but let’s say it’s five years demographic says it’s to 33, 32 to 33. That’s, you know, that’s how long this run is. And, and to me, uh, AI is a massive play. I, I, to me, blockchain is a massive play and to me it’s to those countries and companies that get it is, whereas investors, we wanna think, start thinking about investing. Yeah. You mentioned, um, non non-inflationary growth. Can you drill down on that a little bit just so people understand a little bit where. Usually you think of an economy running super hot, you, you think automatically there’s an, you know, an inflationary growth. So I want you to think in your mind into your list as think in your mind. Go back to economics 1 0 1 with the demand curve. In the supply curve, okay? And there are an equilibrium. And at that equilibrium we have a price at an equilibrium, and we have an output as an equilibrium. Okay? Now what I want you to do is I want you to keep the demand curves stagnant or, or, or anchored. Then I want you to shift the supply curve out. Prices go down, output goes out. We can talk all this esoteric stuff, you know, you know Ronald Reagan and, and Robert Mandel and supply side economics. But it’s really your shift in the supply curve out, and that’s what, and that’s what BeIN’s doing. I mean, this is a w would just sit down and be quiet. He’s talking about, you know, what is deregulation? He’s pushing the supply provider. Oh, hold on. My phone. My, my thing. And what did, since the two thousands, what did, what was the policy? It was kingian, it was all focused on the demand curve. Everything was focused on demand. And so all we’re doing is we’re, we’re getting the keynesians out. I use 2000 ’cause that’s when Ben Bernanke really came in and was very influential. Let me just say he’s a very smart, I learned so much from reading. Smart, smart, smart, smart guy. But his whole thing was Kasan. He came from MIT, his thesis supervisor was Stanley Fisher, right? We’re going back to, you know, Mario Dragons thesis supervisors, Stanley Fisher, all these guys came from MIT, Larry, M-I-T-M-I-T, Yale, and Princeton. Whereas previously it was the University of Chicago. It was Milton Friedman. It was, it was supply side economics. We’re going back, they’re going back to supply side economics and right now we need it. We need balance. But my god, what did we end off with? We ended off with four years of mono modern monetary theory. Deficits matter. That’s insanity. You had mentioned a little bit, uh, you, you’ve talked about blockchain a few times here. Talk about the significance. I mean, it’s sort of, you know, blockchain was a thing that everybody was, everybody was talking about it, you know, three, four years ago, but now it’s all about ai. But you know, now you’ve got, um, but in, but in the background, blockchain has grown, uh, adoption has grown. Uh, tell us what’s going on there, and if you could tie it into the significance of, of where we’re at today. Yeah. Um, uh, Jeff Bezos gave a wonderful speech, I think in two thou, early two thousands, where he basically talked about the fact that, you know, once this innovation is led out of the genie’s, led out of the bottle, whether or not, you know, buck and Jim, like it as an investment, the innovation continues. And so after the internet bubble pop, right? Really smart guys like Jeff Bezos, uh, Zuckerberg, you, you, the whole cast of characters, right? Basically built it out. Okay. And it wasn’t perfect and everybody knew it wasn’t perfect. I mean, that was the whole thing that was so bizarre. But they knew it wasn’t perfect and they knew that they needed to solve some problems. Right. And you know, it was a double spend problem. I mean, the internet that we were dealing with right now was developed in the 1950s and so on and so forth. And so, you know, that always stuck with me. Right. A couple of things stuck with me because I’ve lived through a couple of these cycles. The first one is Buck. When the, when Wall Street coalesces around something just shut up and buy it, right? I mean, I, I spent too much of my life arguing about whether dog pile and Ask Gees was better than Google. Wall Street said Google was the best. Shut up. Invest, right? And so, so look, blockchain solved the double spend problem. Blockchain solved all the problems that the original iteration of the internet could solve, and everybody knew it was coming along okay. So it’s a decentral, it’s decentralized, right? Uh, does, does not need to be reconciled. So no. Not only do you have another iteration of the internet. You have basically introduced into society the biggest innovation in accounting or recordkeeping since double entry. Bookkeeping accounting was introduced in Florence, Italy centuries ago by the Medicis and, and buck. All this is out there like, so this is a profound, right? So think about you’re in an accounting department and you don’t have to reconcile, right? So look. The first use cakes was Bitcoin. And what was the, what was the beautiful thing about it? Well, first off, it grew up by itself. And secondly, it’s got perfect scarcity, right? And so let’s just full stop. And I mean, yes, gold and silver had the run that they should have had decades. So I had been waiting and listening to people, gold bugs, talking about this type of run since the nineties. Okay. Um, but look, you know, and the problem with fi money, right? I mean, this is, this goes back decades. It’s an old argument. The way you solve it is, is Bitcoin. That’s the solution. I mean, forget about it. I mean, if they’re gonna whip it around and do all this stuff, fine. But the other thing that people miss and Sailor hasn’t, and Sailor is brilliant, is look. Bitcoin is pristine collateral in 2008, in September. What caused the, the system to stop was the counter. We could not identify counterparty risk for near cash. It was a settlement problem. Anybody you talk to Buck that says it was, you know, the subprime this and it, yeah, that was crap. I get that. But when the system shut down is you had a $750 million near cash instrument with X, Y, Z, wall Street firm, and you did this for three extra beeps and it was no longer cash. Guess. And guess what? Your institutional money market fund broke the buck. That’s when the system blew sky high. When the money market broke the buck and it was a settlement problem, blockchain and Bitcoin solved that. Sailor knows that, look where Wall Street’s gonna go. They understand now that. Bitcoin is pristine, collateral and capital that is 100% transparent. Let’s lend against it, and that’s what Sadler’s doing. That’s why Wall Street hates the guy so much, right? Think about that. Think of where is he going after he’s going after all the stranded capital on Wall Street. And, and the whole point is he’s sitting there going, I’m too busy for this. And you’ve got all these other people that are gonna live off of other people’s ignorance. Meanwhile, Jing Diamond knows exactly what he’s talking about. We can identify, if I hear one more person on me in, in the meeting say, I don’t know. You know, you know, uh, micro strategies balance sheet is so complicated. Really. Compared to JP Morgans, I mean, you know what his capital is. It says Bitcoin, like, what are you guys talking about? But hey, fucking in this business, people make generational wealth on ignorance of people who think they know what they don’t know. So, you know, just going back to Jamie Diamond, you know, he spent, I don’t know how long. Throwing every insult, uh, he could towards Bitcoin. And now they’ve really kind of, they haven’t backtracked. I think he’s, he’s, you know, his, his, um, I think the way he phrases is the blockchain’s a real thing. He never seems to really say the word Bitcoin, uh, in this regard. Um, banks in general, where do you think they’re headed with this stuff? I mean, I, you know, right now, again, you can kind of see even. Um, I think, you know, some of the big advisory firms suddenly recommending one to, you know, one to 4% of people’s portfolios in Bitcoin. I mean, this is all, I mean, gosh, I, I’ve, you know, been talking about Bitcoin since 2017. This is in unbelievable transformation in less than a decade. Where do you see this going in the next five to 10 years? It’s called the, it’s called, what is it? It’s called, I’m gonna call it the Evolution of Jim. Me, you know, in my business and, and, and, and you know, the thing I have book is I’ve survived and I’ve gone through a lot of cycles. I’ve done a lot, you know, and you ask yourself, you scratch your head a lot and you’re, and you, but you’re continually doing objective research and you’re this, if you, this is why I love this game so much. Right? So let’s just go stop for a second. Let’s get some context. Right. My first summer job, one of my first summer jobs, I worked in the basement of a bank in the in, in downtown Toronto, right up the street from the Toronto Stock Exchange. And my job was to let guys in with beak, briefcases into the cage, into the big vault, to basically bring in certificates. Okay. And, and what? Stock certificates. And so remember, you know, and I remember my grandfather when we, when he died, look at, we couldn’t sell the house because he didn’t believe in the banks. And we were finding certificates all over the house in the walls. Okay? Right. So in the 1960s it was bare based. The whole industry was bare based. And there was the volume in Wall Street started to pick up to the point where they couldn’t handle the volume. There was a paper crisis where almost a third of the companies went down bankrupt because of the cage. The cage. Okay. So basically what happened was, to make a long story short, they came out with, they came, Hey, why don’t we get two computers At one point in time, they said, okay, crisis. Let’s solve it. Well, why don’t we get these two computers and we can solve, or we can sell trades among, amongst each other. Okay. And then we don’t need to have guys riding around Wall Street with bicycles and big briefcases. Okay. And then what we did was, what we did was we sat there and said, well, why don’t we have a centralized clearing, and we’re gonna call it DTC or CDS, depending on what country you’re in. And what we’re gonna do is we’re gonna offer paper, we’re gonna, we’re gonna issue paper rights to the underlying stock that was developed in the early 1970s. That’s the system that we’re on right now. There are a lot of faults with that. Let me give you, when you’ve talked about the GameStop a MC situation, when you have a company that’s basically have more shares outstanding short, sorry, more shares short than outstanding, that shows you that the old system doesn’t work. It’s called ation. The paper writes to the underlying assets, it, it doesn’t match up. There have been guys that make a career outta this and write books about this, right? Dole Pineapple. They had a corporate, a corporate event, right? Hostile takeover. 64,000 for 64 million shares, voted, I think, and there was only 3,200 on. We all know this, so this has to be solved. The way you solve it is you tokenize assets, and this was talked about a decade ago, and they know about it and true tofor, they, and if you’re thinking about it, it’s totally logical, right? But if we allow this innovation to go full stream ahead, we’re wiped out, right? So what did they do? They delayed. They delayed. And as you know, you could talk about, it’s called Operation choke 0.2 0.0. Right. You know, the Fed overreached their bounds, they de banked people. I mean, this is why, why Best it’s going after them. They, yet they stepped over their constitutional mandate. Right. The federal, the Fed Act is not, uh, does not supersede the US Constitution. Elizabeth warned the whole thing. They did it. Okay, so let’s not complain about it. So now Atkins is gonna, we’re gonna have the Clarity Act come out and they’re gonna basically deregulate New York Stock Exchange already there. They’re gonna put everything on the blockchain and when you put everything on the blockchain, trade a settlement. There’s no hypo. Immediate settlement. Immediate, which is a benefit if you can get your act together because it, you know, for Wall Street firms you need less capital, right? So it’s a natural evolutionary process. And then you sit there and go back in history, if you and I were writing it, we’d sit there and go, well, should we be surprised that the incumbents right, the status quo pushed back on innovation? No, there was a guy, there was a prophet, um. At, at Harvard, his name was Clay Christensen, and he wrote this wonderful book called The Innovator’s Dilemma. You know, why does, why don’t companies evolve, or why do they go bankrupt? It’s because they cease to evolve and the status quo doesn’t allow the evolution of the companies to take place. Right? Well, that’s what happened in RA. We’re gonna complain about it. No, it, it is what it is. It’s water under the bridge. And so what I think is happening is, you know, Mr. Diamond is basically saying. He’s pragmatic, he’s a realist. And now he’s saying, we gotta evolve. And hey, by the way, now I’ve gotten to the point where I think I can make a tunnel. Think about that. Yeah. Think about his own stable coins, right? So his own stable coins. And, uh, well think about this. If you trade like internal meetings, right? And I’m hyped this hypothetical, right? I go, fuck, don’t screw this up this time. And you’re gonna go, Jim, what are you talking about? I go. We want a nice bread between bid and ask in these financial price. We don’t wanna go down to pennies. Okay? Can we go back to the old days when we were, you know, trading in quarters and sixteenths and so we can make some skin in the game? I think you’ve got the deregulation of the banking industry where the banks are gonna, they’re fit. It’s gonna be baby steps. But what’s gonna happen is they’re gonna basically say, stop taking all that capital that’s sitting at the Fed, making four or fed funds rate overnights wherever it’s four half, 3 75 right now. And you can now trade it. Go back to prop trading, which is what they did. And they’re gonna start off, they will start off with, its only treasuries. Eventually they’ll be able to expand throughout our lifetime. So the old way you gotta look at it is, you know. We’re bringing the ba, you know, we’re putting the band back together, man. Right. And the banks are gonna deregulate, they’re gonna deregulate the banks, they’re going to innovate, they’re gonna be able to use the capital, their earnings profile going out into the end of the decade. It’s, it’s gonna be monstrous, it’s gonna be, you know, it, it’s, it’s, and, and that’s how I get, you know, when people say, where do you think the s and p goes? You know, I say, you know, 14,000, you know, double from here by the end of the decade. And he goes, well, what about ai? I go, well, they’re gonna, that’s important, but it’s the banks. I think the banks are gonna have a renaissance. Yeah. Yeah. Um, one thing just to get your thoughts on, so when you look at the banks, you talked about sort of the inevitability of tokenization. Um, the stock exchange, uh, we talked about stable coins. I mean, another great way for banks to make money. Uh, essentially where does that, how, how does that help or hurt Bitcoin adoption? Because Bitcoin is a sort of a separate, separate, you’re not, you’re not building on Bitcoin as much as you are, say, Ethereum, Mar Solana or, you know, some of the, some of the blockchain things. So, so is it just that. Is it just a, an adoption issue? Because you live in a, in a different world. You live in a world of blockchain and Bitcoin is, its currency. It’s weird, right? Because I, I’m writing this feed like, so Buck, where are you right now? Where, where, where are you located? I’m in Santa Barbara. You’re in California. So, yeah, so I’m in Toronto, right? Uh, you know, I lived in, worked in the States for, you know, a decade, a couple of decades, and I’m back home and it’s like, man, they don’t get it. Right, and, and, and, and what am I talking about? Well, well, this, this is the, the thing that you’ve gotta understand is this, right. Ethereum was invented by Vladi Butrin in this town, Joe Alozo, who’s the head of one of the largest Ethereum groups. Father is a dentist at Bathurst and Spadina. We’re up here and people are saying, oh, you know, president Trump don’t talk about being a 51st state. We act like a colony, duke. We are a, you know, we forget about calling us one. We are. So, look, it, look, there is no doubt in my mind that Ethereum is going to have a place and, and we’re going to use it. Seems like we’re going to use Ethereum and that’s the smart contract, you know? Um. And that’s fine. Um, you know, but going back in time. But, but remember, there’s not per, there’s not perfect scarcity there. So I like Ethereum, don’t get me wrong, but I look at Bitcoin and I look at the, I look at the scarcity, and I also look at the fact of, you know, what sa, what Sailor, if you sailor did a presentation in the middle of next year and all hell broke loose. What he did, and it’s, you know, and of course I’m hypothesizing. He basically went to New York and said, I am going to create fixed income products and I am going to give yields. On those products, and I’m coming after the stranded capital that sits on Wall Street that you guys have been ripping on for years. In the middle of last year, staler went public and declared war. Okay. Are we surprised that Jim Shane Oaks came out and everybody came out basically guns a blazing. Are we surprised? But what he, what Sailor did and put and slammed on the table is it’s pristine capital, it’s transparent capital. And what are you willing to pay for that? And now you GARP banks trading at. We have no idea what their capital structure really is. Honestly, we have an idea, but it’s very opaque, right? You know, the high quality names are trading at two, two to, you know, two times tangible book. You’ve got fintech’s companies trading at four to five times, right book, and you know, what’s Sailor doing right now? Diluting his stock so he can buy as much Bitcoin as he wants because he sees the next game. He says the hell with what you guys think the next game is going to be. Wall Street’s going to realize that Bitcoin is pristine capital and there’s only 21 million of it. What do you and, and what just happened today? What did Morgan Stanley just file a treasury company. So everything you and I are talking about, they know they’re smart guys, right? They’re real, they’re not. That’s, this is the whole point. They’re really, really, really smart. Okay. They see they’ve gone through the history. They know. Okay, so you’re sitting there, you get around the room, you say, so wait a minute. Wait. Whoa, sailor’s over here. And he’s basically saying he’s gonna give you a a pref that’s basically backed by Bitcoin charging 10%. And he’s going after our corporate clients. I mean, and what’s the pitch Buck? You’ve got a hundred million dollars. Okay, you got a hundred million dollars in the kitty. Okay, buck. What happens is you need $10 million a year for working capital, which is in cash, which means you’ve got $90 million sitting there idle. Hey, buck, I can give you 10% on that. You go to Jamie, he’s giving you two. What are you gonna do? Yeah. I think one of the issues right now is I the, the perceived risk profile of that. Right. Uh, you know. I tend to agree with you about the, uh, pristine nature of Bitcoin s collateral, but just in general, the perception. I don’t know that, that that’s. That’s the case. Well, you gotta go back to the fact that, do you think Bitcoin’s going to zero or not? No, of course not. Yeah. ‘ cause the Bitcoin doesn’t go to zero. There’s no, then, then that are, there’s Bitcoin could go to zero. There’s no, I mean, I don’t think, I mean, non-zero probability, of course, right? I don’t think it is. And if that has been, if it has been selected and now you have Wall Street coalescing it, I haven’t even mentioned the president of the United States or his family. Right. Uh, or the Commerce Secretary and his family, right? Or if you go to New York, wall Street, right, they’re all talking about it, right? So, I, I, you know, to me, I, I, the question about micro strategy, to me it’s not. That it’s a treasury company and it’s got a pile of Bitcoin. What does he do with it? Does he become a bank? Like why does it, this is me. I’m pitching him. Right. Hey, Mike, why don’t you just become a FinTech, say you’re like a FinTech company and you’ll get, and you, you’re gonna instantaneously trade it five to six times book. Why don’t you, why are you, you’re talking like you’re attacking them, but you’re still, you’re still a software company with a, with a big whack of Bitcoin that you are writing pres. Right? So, and, and so that’s, that’s how I look at it. I think the wave is too big. We are going to digitize. And the other thing that we didn’t really touch on with respect to AI and blockchain, and I’m gonna paraphrase the president. Right. Um, Mr. Trump is, look, um, it’s a matter of national security, duke, and when I hear that, I go back to the nineties in the eighties when I was in late eighties when I was an undergrad. Right. And it wasn’t China, it was Japan. And, and you know, what happened was, you know, it, it’s funny, Al Gore did deregulate so that. The internet could become for-profit. We all stood around and said, you know what the hell could, how do we make money on this? That’s, you know, what do we do? And then what did we do? We, we, we threw a ton of money at it and the United States controlled it. And what did we get out of it? We got out, we got, you know, all those companies. Right. The last thing I would say to you, and this is much more of a personal story, is I, when I was younger, I was in New York and it was 2000 and I was at the Grand Hyatt, and it was a tech, it was a tech conference and, uh, Larry Ellison Oracle was there and he gave a, he gave a, he gave a a, a fireside chat. Then, um, we go to a breakout room and, you know, in a break, I don’t know about if you’ve been to one, but you go to a breakout room, it’s a smaller room at the hotel, and you know, sometimes you got 25 people, sometimes you got 50 people, right. And, you know, I went to the, I went to the breakout with Mr. Allison ’cause of Oracle and I went in there and it was absolutely jammed and I was sweating and he just looked at us and he just ripped us. He AP Soly, just, I still have the scars today. I’m talking to you about it. Okay. He called it a bubble. He called it a bubble. He, he was early in calling it a bubble. I never forgot that. And then you sit there and see what he’s doing right now. Where he’s levering up the balance sheet. Now, to me, having survived in this game for such a long period of time, and I call it a game, it’s a game of strategy, whatever, you know, how does that not, you know, I would say to you, we were, your office was next to mine. Fuck. I remember New York, he’s loading the goose loaded in. He go in, he’s borrowing money from his grandmother. He’s, you know, what is going on. And he’s really stinking smart. You know, he’s, he, Larry Allenson just doesn’t do, and people, oh, he’s in, you know, he’s, no, he’s not, he’s, he’s like the mentor of all of these guys. You know what I mean? So there’s a, to me, there’s a discontinuity that these need to believe that we’re still early on because you know, what, if Larry’s, what do we take when Larry or Mr. Ellison is leveraging up to me, it’s profound because I’m anchoring off of my bias to the New York, the New York high at, at the Tech Co. I think it was, I think it was at Bear Stearn. I couldn’t remember Bear Stearns or Lehman. But you know, one of those I carry that experience on with the rest of my life. I do. It’s like, what is Larry thinking? Right? So he’s leveraging up buck. That’s all I know. He’s a priest or guy. Well, that’s probably a good place for us to stop, Jim, uh, chief, uh, market strategist at Wellington Elta Private Wealth. Thank you so much for joining me. Thanks so much and be safe. You make a lot of money but are still worried about retirement. Maybe you didn’t start earning until your thirties. Now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Now, good news, if you need to catch up on retirement, check out a program put out by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it. Uh, and, uh, as I said before, do not ignore ai. This is something that you need to start using. Have your kids start using it. Uh, make sure that they, you know. They use it every day because this whole world is turning AI and it’s gonna happen. You know, it’s gonna happen in, in a blink of an, uh, blink of an eye. And the world is gonna change and there are gonna be real winners out there. And the winners are gonna be people who knew where there was, was going and kind of used it in their mind’s eye as they looked on navigating how. You know how to allocate their money. Anyway, that is it for me. This week on Wealth Formula Podcast. This is Buck JJoffrey signing off. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit wealth formula roadmap.com.

In our last preview episode of the 2025 College Football Season, Galen Clavio and Taylor Lehman do a 12-round evaluation of Indiana football's Championship Game match-up with the Miami Hurricanes. We discuss the statistical breakdown of the two teams, where the Hoosiers' strengths lie, and where Miami will attempt to disrupt Indiana on both offense and defense. We discuss various scenarios, go down some statistical rabbit holes, and try to give as full a picture as we can of the most momentous game in Indiana football history.

Artificial intelligence is transforming every corner of real estate—from how we analyze deals to how we manage tenants, leads, and operations. But most investors still don't know where to start. In this episode, Brian Hamrick talks with Clay Lehman, a longtime investor, property-management expert, and AI educator who helps entrepreneurs and agents use today's tools to save time, make better decisions, and grow their business. You'll learn: The fundamentals vs. hype of AI in real estate investing How to use Google Gemini, Notebook LM, and Claude for research, analysis, and automation Ways to map your ideal client using AI and psychographic data How to build AI-driven processes that improve communication, marketing, and customer service What's coming next: agentic AI tools like Manus and Comet that can complete multi-step tasks for you Clay also shares real-world use cases—how he runs a title company with AI assistance, automates team training, and even experiments with voice and text AI agents to follow up with leads. Whether you're an investor, property manager, or agent, this episode will show you practical ways to start integrating AI today and stay ahead of the curve in 2026. Find out more: www.imclaylehman.com www.facebook.com/claylehman www.facebook.com/unstuckai Today's episode is brought to you by Green Property Management, managing everything from single family homes to apartment complexes in the West Michigan area. https://www.livegreenlocal.com And RCB & Associates, helping Michigan-based real estate investors and small business owners navigate the complex world of health insurance and medicare benefits. https://www.rcbassociatesllc.com

Send us a textWe started our careers at the epicenter of the Global Financial Crisis in 2008: the trading floor Lehman Brothers and the CDO Structuring desk at Morgan Stanley. And now, we get to watch our favorite characters reenacting all the drama of the Lehman bankruptcy through the lens of Industry.  We dissect the chaotic "war room" dynamics as executive leadership scrambles for a lifeline, debating the merits of a strategic capital injection from Mitsubishi (mirroring the real-life rescue of Morgan Stanley) versus a total buyout by Barclays (the ultimate fate of Lehman). We explain the critical financial concepts at play, including the mechanics of "good bank/bad bank" splits, dispelling common myths about how government "bailouts" actually worked, and the reality of liquidity crises where "too big to fail" meets "moral hazard."All of our characters' ambitions and come to a head as they jockey for power and profit with everything on the line. Who will emerge victorious from the boardroom coup? How did a financial error end up in the pitch deck? Who is stabbing whom in the back? And who will ultimately be our useful idiot?This is an exceptionally technical recap, and we explain topics like counterparty credit risk, employee stock options, insider trading, and converts...as well as a detailed blow by blow of the real events underlying one of Industry's all time best episodes!!!Shop our Self Paced Courses: Investment Banking & Private Equity Fundamentals HEREFixed Income Sales & Trading HERE Wealthfront.com/wss. This is a paid endorsement for Wealthfront. May not reflect others' experiences. Similar outcomes not guaranteed. Wealthfront Brokerage is not a bank. Rate subject to change. Promo terms apply. If eligible for the boosted rate of 4.15% offered in connection with this promo, the boosted rate is also subject to change if base rate decreases during the 3 month promo period.The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of 11/7/25, is representative, requires no minimum, and may change at any time. The APY reflects the weighted average of deposit balances at participating Program Banks, which are not allocated equally. Wealthfront Brokerage sweeps cash balances to Program Banks, where they earn the variable APY. Sources HERE.

Does water on a hen make it more susceptible to predation? In this episode, we comb through the literature on olfactory camouflage, dissecting studies assessing correlations between nest survival, weather, and environmental conditions, and divulging into the complicated web of ecology dynamics. Strap on your science boots for this one, it's gonna be dense… Research papers referenced: Bakner, N. W., et al.  (2019). Incubation recess behaviors influence nest survival of Wild Turkeys. Ecology and Evolution, 9(24), 14053-14065. Boone, W. W., et al. (2024). Robust assessment of associations between weather and eastern wild turkey nest success. The Journal of Wildlife Management, 88(2), e22524. Braun, M. S., et al. (2018). Birds, feather-degrading bacteria and preen glands: the antimicrobial activity of preen gland secretions from turkeys (Meleagris gallopavo) is amplified by keratinase. FEMS microbiology ecology, 94(9), fiy117. Conover, M. R. (2007). Predator-prey dynamics: the role of olfaction. CRC Press. Fluen, T. (2008). A comparative analysis of evolutionary changes in island birds. MSc Thesis, University of Canterbury, Christchurch. Grieves, L. A., et al. (2020). Food stress, but not experimental exposure to mercury, affects songbird preen oil composition. Ecotoxicology, 29, 275-285. Grieves, L. A., et al. (2022). Olfactory camouflage and communication in birds. Biological Reviews, 97(3), 1193-1209. Lehman, C. P., et al. (2010). Ground roost resource selection for Merriam's wild turkeys. The Journal of Wildlife Management, 74(2), 295-299. Lowrey, D. K., et al. (2001). Influences of selected weather variables on predation of wild turkey females and nest success. In Proceedings of the National Wild Turkey Symposium (Vol. 8, pp. 173-178). Potier, S., et al. (2018). Preen oil chemical composition encodes individuality, seasonal variation and kinship in black kites Milvus migrans. Journal of Avian Biology, 49(7), e01728. Reneerkens, J., et al. (2002). Sandpipers (Scolopacidae) switch from monoester to diester preen waxes during courtship and incubation, but why?. Proceedings of the Royal Society of London. Series B: Biological Sciences, 269(1505), 2135-2139. Reneerkens, J., et al. (2005). Switch to diester preen waxes may reduce avian nest predation by mammalian predators using olfactory cues. Journal of Experimental Biology, 208(22), 4199-4202. Reneerkens, J., et al. (2006). Discerning adaptive value of seasonal variation in preen waxes: comparative and experimental approaches. Acta Zoologica Sinica, 52, 272-275. Reneerkens, J., et al. (2007a). Parental role division predicts avian preen wax cycles. Ibis, 149(4), 721-729. Tuttle, E. M.,et al. (2014). Variation in preen oil composition pertaining to season,sex, and genotype in the polymorphic white-throated sparrow.Journal of ChemicalEcology40, 1025–1038. Whelan, R. J., et al. (2010). Short-chain carboxylic acids from gray catbird (Dumetella carolinensis) uropygial secretions vary with testosterone levels and photoperiod. Comparative Biochemistry and Physiology Part B: Biochemistry and Molecular Biology, 156(3), 183-188. Webb, S. L., et al. (2012). Landscape features and weather influence nest survival of a ground-nesting bird of conservation concern, the greater sage-grouse, in human-altered environments. Ecological Processes, 1, 1-15. Episodes referenced: Effectiveness of trapping across game bird species | #08 Which vital rates are most important to turkey populations? | #13 Brooding and nesting cover (Part 1/2) | #29 Brooding and nesting cover (Part 2/2) | #30   Our lab is primarily funded by donations. If you would like to help support our work, please donate here: http://UFgive.to/UFGameLab   Coming Soon: Wild Turkey Manager: Biology, History, & Heritage! Our newest online wild turkey training is launching soon! Be the first to know when our new course launches by signing up here!   Be sure to check out our comprehensive online wild turkey course featuring experts across multiple institutions that specialize in habitat management and population management for wild turkeys. Earn up to 20.5 CFE hours! Enroll Now!    Dr. Marcus Lashley @DrDisturbance, Publications Dr. Will Gulsby @dr_will_gulsby, Publications Turkeys for Tomorrow @turkeysfortomorrow  UF Game Lab @ufgamelab, YouTube   Want to help wild turkey conservation? Please take our quick survey to take part in our research!   Do you have a topic you'd like us to cover? Leave us a review or send us an email at wildturkeyscience@gmail.com!   Watch these podcasts on YouTube   Please help us by taking our (quick) listener survey - Thank you!    Check out the DrDisturbance YouTube channel! DrDisturbance YouTube   Want to help support the podcast? Our friends at Grounded Brand have an option to donate directly to Wild Turkey Science at checkout. Thank you in advance for your support!   Leave a podcast rating for a chance to win free gear!   This podcast is made possible by Turkeys for Tomorrow, a grassroots organization dedicated to the wild turkey. To learn more about TFT, go to turkeysfortomorrow.org.    Music by Artlist.io Produced & edited by Charlotte Nowak

Does water on a hen make it more susceptible to predation? In this episode, we comb through the literature on olfactory camouflage, dissecting studies assessing correlations between nest survival, weather, and environmental conditions, and divulging into the complicated web of ecology dynamics. Strap on your science boots for this one, it's gonna be dense… Research papers referenced: Bakner, N. W., et al.  (2019). Incubation recess behaviors influence nest survival of Wild Turkeys. Ecology and Evolution, 9(24), 14053-14065. Boone, W. W., et al. (2024). Robust assessment of associations between weather and eastern wild turkey nest success. The Journal of Wildlife Management, 88(2), e22524. Braun, M. S., et al. (2018). Birds, feather-degrading bacteria and preen glands: the antimicrobial activity of preen gland secretions from turkeys (Meleagris gallopavo) is amplified by keratinase. FEMS microbiology ecology, 94(9), fiy117. Conover, M. R. (2007). Predator-prey dynamics: the role of olfaction. CRC Press. Fluen, T. (2008). A comparative analysis of evolutionary changes in island birds. MSc Thesis, University of Canterbury, Christchurch. Grieves, L. A., et al. (2020). Food stress, but not experimental exposure to mercury, affects songbird preen oil composition. Ecotoxicology, 29, 275-285. Grieves, L. A., et al. (2022). Olfactory camouflage and communication in birds. Biological Reviews, 97(3), 1193-1209. Lehman, C. P., et al. (2010). Ground roost resource selection for Merriam's wild turkeys. The Journal of Wildlife Management, 74(2), 295-299. Lowrey, D. K., et al. (2001). Influences of selected weather variables on predation of wild turkey females and nest success. In Proceedings of the National Wild Turkey Symposium (Vol. 8, pp. 173-178). Potier, S., et al. (2018). Preen oil chemical composition encodes individuality, seasonal variation and kinship in black kites Milvus migrans. Journal of Avian Biology, 49(7), e01728. Reneerkens, J., et al. (2002). Sandpipers (Scolopacidae) switch from monoester to diester preen waxes during courtship and incubation, but why?. Proceedings of the Royal Society of London. Series B: Biological Sciences, 269(1505), 2135-2139. Reneerkens, J., et al. (2005). Switch to diester preen waxes may reduce avian nest predation by mammalian predators using olfactory cues. Journal of Experimental Biology, 208(22), 4199-4202. Reneerkens, J., et al. (2006). Discerning adaptive value of seasonal variation in preen waxes: comparative and experimental approaches. Acta Zoologica Sinica, 52, 272-275. Reneerkens, J., et al. (2007a). Parental role division predicts avian preen wax cycles. Ibis, 149(4), 721-729. Tuttle, E. M.,et al. (2014). Variation in preen oil composition pertaining to season,sex, and genotype in the polymorphic white-throated sparrow.Journal of ChemicalEcology40, 1025–1038. Whelan, R. J., et al. (2010). Short-chain carboxylic acids from gray catbird (Dumetella carolinensis) uropygial secretions vary with testosterone levels and photoperiod. Comparative Biochemistry and Physiology Part B: Biochemistry and Molecular Biology, 156(3), 183-188. Webb, S. L., et al. (2012). Landscape features and weather influence nest survival of a ground-nesting bird of conservation concern, the greater sage-grouse, in human-altered environments. Ecological Processes, 1, 1-15. Episodes referenced: Effectiveness of trapping across game bird species | #08 Which vital rates are most important to turkey populations? | #13 Brooding and nesting cover (Part 1/2) | #29 Brooding and nesting cover (Part 2/2) | #30   Our lab is primarily funded by donations. If you would like to help support our work, please donate here: http://UFgive.to/UFGameLab   Coming Soon: Wild Turkey Manager: Biology, History, & Heritage! Our newest online wild turkey training is launching soon! Be the first to know when our new course launches by signing up here!   Be sure to check out our comprehensive online wild turkey course featuring experts across multiple institutions that specialize in habitat management and population management for wild turkeys. Earn up to 20.5 CFE hours! Enroll Now!    Dr. Marcus Lashley @DrDisturbance, Publications Dr. Will Gulsby @dr_will_gulsby, Publications Turkeys for Tomorrow @turkeysfortomorrow  UF Game Lab @ufgamelab, YouTube   Want to help wild turkey conservation? Please take our quick survey to take part in our research!   Do you have a topic you'd like us to cover? Leave us a review or send us an email at wildturkeyscience@gmail.com!   Watch these podcasts on YouTube   Please help us by taking our (quick) listener survey - Thank you!    Check out the DrDisturbance YouTube channel! DrDisturbance YouTube   Want to help support the podcast? Our friends at Grounded Brand have an option to donate directly to Wild Turkey Science at checkout. Thank you in advance for your support!   Leave a podcast rating for a chance to win free gear!   This podcast is made possible by Turkeys for Tomorrow, a grassroots organization dedicated to the wild turkey. To learn more about TFT, go to turkeysfortomorrow.org.    Music by Artlist.io Produced & edited by Charlotte Nowak

For Christmas Day, we've got a special guest on the Morning Pitt: Peters Township standout and incoming Pitt freshman defensive end Reston Lehman. We're talking to Reston about his career at Peters, an epic WPIAL championship game, why he picked Pitt and a lot more.

Welcome back to Everyday Homesteading. Today I'm sitting down with two people I deeply respect and always enjoy talking with, Shawn and Beth Dougherty. If you have ever wondered whether a family milk cow actually fits into a busy modern homestead, or if you've been feeling that tug toward a simpler, more land-rooted way of feeding your family, this conversation is for you.Shawn and Beth have spent more than twenty-five years raising a large family, stewarding rough Appalachian ground, and building a thriving homestead centered around the grass-fed family cow. Their new book, One Cow Revolution, takes everything they've learned and puts it into a guide that feels like having a wise neighbor over the fence.We talk about why the dairy cow is still one of the most powerful tools for food independence, how managed grazing can rebuild soil and family culture, and why the cow is far less of a burden than most people fear. Whether you already have a cow, hope to bring one home someday, or think you never will, you'll walk away from this episode with a whole new sense of what's possible.Let's dive in.- Grab a copy of One Cow Revolution here: https://a.co/d/gAx6o34- Check out the accompanying blog post here: https://homesteadingfamily.com/can-anyone-keep-a-dairy-cow- Thanks to Lehman's for sponsoring today's podcast. Be sure to check out all Lehman's has to offer at https://lehmans.com Time Stamps:0:00 - Introduction1:42 - Lehman's2:39 - Main Topic42:31 - One Cow Revolution (Book)~~~~~~~~~~~~~~~MORE ABOUT US!WELCOME! We're so glad you're here! We are Josh and Carolyn Thomas. Together with our eleven children, we are The Homesteading Family where we're living a self-sustainable life in beautiful North Idaho. Let us welcome you and show you a bit about us here: http://bit.ly/HFWelcomeVideoGrow, Preserve & Thrive with us!Visit us on our blog: https://www.homesteadingfamily.comFacebook at https://www.facebook.com/homesteadingfamilyInstagram: https://instagram.com/homesteadingfamilyRumble: https://rumble.com/HomesteadingFamilyA few highlights you don't want to miss are our FREEBIES!!Healthy Healing at Home – Learn how to confidently use herbal medicine in your home with this FREE 4 video workshop: https://homesteadingfamily.com/HHHytYour Best Loaf – A Free 4 video workshop teaching you how to make great bread at home, every time, regardless of the recipe you are using: https://homesteadingfamily.com/free-bread-workshopEvery single month we send out a physical magazine to over 10,000 people! It's filled with seasonal recipes, fresh inspiration for your kitchen, and practical homesteading tips from seasoned homesteaders. Just like the Everyday Homesteading podcast, the magazine equips and empowers you to thrive on your homestead. Sign up now for just $9/month. 

The Epstein files and the Michael Wolff ethics mess. Then Brad Carson (Americans for Responsible Innovation) and Charles Lehman (Manhattan Institute / City Journal) dig into the shutdown endgame, Schumer's calculus, 2026 vibes, and why data centers might be a sleeper issue. They argue affordability vs. "afford to dream," culture vs. policy, and whether legalization waves for pot, NIL, and sports betting were built to fail. Plus: AI guardrails, why adding friction to vices works, and Goat Grinders on EST vs. EDT, reclining your plane seat, and off-leash dogs. Bonus Q&A about Brad's Senate race in the Not Even Mad feed. Produced by Corey Wara Email us at ⁠⁠⁠⁠thegist@mikepesca.com⁠⁠⁠⁠ To advertise on the show, contact ⁠⁠⁠⁠ad-sales@libsyn.com⁠⁠⁠⁠ or visit ⁠⁠⁠⁠https://advertising.libsyn.com/TheGist⁠⁠⁠⁠ Subscribe to The Gist: ⁠⁠⁠⁠https://subscribe.mikepesca.com/⁠⁠⁠⁠ Subscribe to The Gist Youtube Page: ⁠⁠⁠⁠https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g⁠⁠⁠⁠ Subscribe to The Gist Instagram Page: ⁠⁠⁠⁠GIST INSTAGRAM⁠⁠⁠⁠ Follow The Gist List at: ⁠⁠⁠⁠Pesca⁠⁠⁠⁠ ⁠⁠⁠⁠Profundities | Mike Pesca | Substack

Horror took 17% of the US box office this year, a record high… it's the divisive dividend.Starbucks sales grew last Q for the first time in 7 quarters … thanks to coffee delivery.The Government Shutdown's entering month 2… food stamps and healthcare are the focus.Plus, our biz-themed Halloween costume is… K-Pop Lehman Hunters$SBUX $BCS $SPYNEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.