One of the four fundamental states of matter
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Recorded 2025-11-22 00:59:45
Today's guest is Antti Ilmanen, Global Co-head of the Portfolio Solutions Group at AQR Capital Management. In today's episode, Antti discusses the complexities of investment returns, the importance of understanding both objective and subjective expectations, and the dangers of relying on past performance as a guide for future investments. We explore the current state of the US market, the role of diversifiers in portfolios, and the behavioral biases that affect investor decisions. Antti also contrasts the behaviors of bond investors, which tend to be more contrarian, and equity investors, which tend to extrapolate. (0:00) Starts (1:13) Humility in forecasting market expectations (8:26) Comparing institutional and retail investor behavior (24:33) Sentiment analysis in markets (36:18) Bond vs. equity investor mindsets (48:11) Liquid vs. illiquid alternative investments (56:26) The diversification benefits of trend following ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more. ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here! ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices
Recorded 2025-11-21 19:12:52
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For episode 634 of the BlockHash Podcast, host Brandon Zemp is joined by Mitchell Nicholson, Core Contributor to the Sierra Protocol.Sierra Protocol is the issuer of SIERRA, a liquid yield token (LYT) that offers the best risk-adjusted yield in a freely tradeable ERC20 token on Ethereum and Avalanche. SIERRA enables holders to earn passively accrue 6-12% APY compounded daily and does not require staking or claiming, holding periods or lockups, paying hidden fees or providing KYC. SIERRA will be going live in October followed by several exciting partnerships that offer additional yield and utility. Its reserves are managed by OpenTrade, an institutional-grade market leader offering stablecoin yield products and is backed by a16z, Circle, Mercury, Notion and other leading VC firms. ⏳ Timestamps: (0:00) Introduction(1:12) Who is Mitchell Nicholson?(2:02) What is Sierra?(2:44) What are Liquid Yield Tokens?(9:56) Underlying yield sources(12:56) Regulations & Compliance(15:40) Sierra exchange listings(17:30) Liquidity for Sierra(20:13) Partnerships(25:35) Prediction Markets(30:05) Sierra Roadmap(32:50) Sierra website & socials
SEC Commissioner Hester Peirce joined me to discuss the SEC's new approach towards the crypto asset class.Topics: - Project Crypto- Altcoin ETFs & Staking in ETFs - Ripple XRP Case - Tokenization and 24/7 markets - Digital Asset Treasury companies - Memecoins and Liquid Staking not securities Brought to you by
Recorded 2025-11-20 01:30:37
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This week, host Tom Zalatnai (@tomzalatnai) chats with special guest Miles Taffert (@wheelie.tattoo) about his all-liquid diet, Boost 2.24, auto-immune disorders, and how to make the most of all of it! We get into soups, teas, and the importance of refusing to accept pain and discomfort as the default. Then, what happens when turkey, celery root, and gluten-free pretzels find their way into the Random Meal Generator? Let Miles Tattoo You! www.instagram.com/wheelie.tattoo WHOLE MILK ENJOYER SHIRT: https://podcavern.myspreadshop.ca/whole+milk+enjoyer+no+bad+food-A68505fa8c99f34694e92b43d?productType=812&sellable=XNqjzl4EdrFrpjd11LjD-812-7&appearance=1 MILK FAT GANG SHIRT: https://podcavern.myspreadshop.ca/milk+fat+gang+no+bad+food-A685062077514523c1dbf264e?productType=812&sellable=OL3yzAL2R7iJd9LEyD9y-812-7&appearance=1 Three of Cups Tea! https://www.etsy.com/shop/threeofcupsteas Subscribe to Teffer's Substack! https://substack.com/@tefferadjemian Support the show on Patreon! patreon.com/nobadfoodpod Contact us and keep up with everything we're doing over on Instagram @nobadfoodpod! Check out The Depot! www.depotmtl.org Want to be on the show? Tell us why! https://forms.gle/w2bfwcKSgDqJ2Dmy6 MERCH! podcavern.myspreadshop.ca Our logo is by David Flamm! Check out his work (and buy something from his shop!) at http://www.davidflammart.com/ Our theme music is "It Takes A Little Time" by Zack Ingles! You can (and should!) buy his music here: https://zackingles.bandcamp.com/ www.podcavern.com
Recorded 2025-11-18 23:32:22
We often talk about living on a blue planet, but when we think we're talking about the ocean we're generally only discussing what's in it: fish, whales, pollution and ships. But that is to miss the biggest story on Earth, because it's the water itself that sets the scene for everything else. This lecture will outline how the ocean engine works – its internal anatomy, how the components move, and how this engine has directly influenced our history and culture.This lecture was recorded by Professor Helen Czerski on the 30th of October 2025 at Bernards Inn Hall, LondonDr Helen Czerski is a physicist and oceanographer with a passion for science, sport, books, creativity, hot chocolate and investigating the interesting things in life. She is an Associate Professor at the Department of Mechanical Engineering at University College London and her research focus is the physics of breaking waves and bubbles at the ocean surface. These bubbles change underwater sound and light, help transfer gases from ocean to atmosphere (helping the ocean breathe) and also eject ocean material into the air. She has spent months working on research ships in the Antarctic, the Pacific, the North Atlantic and the Arctic, and is an experienced field scientist. Helen has been a regular science presenter on the BBC for 15 years, covering the physics of the natural world in BBC2 landmark documentaries (including ‘Orbit', ‘Operation iceberg' and ‘Supersenses'), and the physics of everyday life in a range of BBC4 documentaries (including ‘From ice to fire: The incredible science of temperature', ‘Sound waves: The symphony of physics', and ‘Colour: The spectrum of science', along with many others). She currently co-hosts BBC Radio 4's flagship climate and environment programme Rare Earth. Helen's first book Storm in a Teacup won the Italian Asimov Prize and the Louis J. Battan Author prize from the American Meteorological Society. Blue Machine won the Wainwright Prize for Conservation Writing. She was awarded the Institute of Physics Gold Medal in 2018 for her work on physics communication, and an Honorary Fellowship of the British Science Association in 2020. She has been a Trustee of Royal Museums Greenwich since 2018, and was one of the 2020 Royal Institution Christmas Lecturers, giving her Lecture on the topic of the ocean. The transcript of the lecture is available from the Gresham College website: https://www.gresham.ac.uk/watch-now/liquid-engineGresham College has offered free public lectures for over 400 years, thanks to the generosity of our supporters. There are currently over 2,500 lectures free to access. We believe that everyone should have the opportunity to learn from some of the greatest minds. To support Gresham College's mission, please consider making a donation: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-today Website: https://gresham.ac.ukX: https://x.com/GreshamCollegeFacebook: https://facebook.com/greshamcollegeInstagram: https://instagram.com/greshamcollegeBluesky: https://bsky.app/profile/greshamcollege.bsky.social TikTok: https://www.tiktok.com/@greshamcollegeSupport Us: https://www.gresham.ac.uk/get-involved/support-us/make-donation/donate-todaySupport the show
Falcon 9 Full Thrust: Densification and Barge Landings. Eric Berger describes how, following a 2015 failure, SpaceX developed the Falcon 9 Full Thrust, version 3.0/4.0. Driven by the Mars vision, they adopted densification—chilling liquid oxygen to boost density and increase payload efficiency by 10 to 12 percent. Crucially, they focused on landing the booster vertically on a moving barge, skipping steps in the reusability process. This challenge required redesigned Merlin engines and advanced avionics, leading to several learning failures as they tried to figure out how best to line up the rocket with the ship. Guest: Eric Berger.
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View this video at https://macmost.com/powerful-new-features-in-macos-tahoe-have-nothing-to-do-with-liquid-glass.html. While a lot of attention has been focused on the new Liquid Glass design of macOS Tahoe, behind that are some powerful new features that you can use to get things done.
Today, I'm joined by the inspiring Dr. Darshan Shah, a board-certified surgeon who made the bold leap from the operating room to the forefront of longevity and functional medicine. In our conversation, Dr. Shah opens up about his own journey through burnout, chronic illness, and autoimmune disease, and shares how simple, consistent lifestyle changes became the real medicine that transformed his health. His experience revealed firsthand just how powerful habits like movement, proper nutrition, and sleep can be—often succeeding where surgery and prescriptions fell short. Episode Timestamps: Intro and offers ... 00:00:00 Dr. Darshan Shah's journey from surgery to lifestyle medicine ... 00:04:37 Simple actions: nutrition, movement, habit formation ... 00:08:41 Challenges of doctors embracing lifestyle changes ... 00:11:06 Building a parallel system: prevention and chronic care ... 00:14:32 Empowering patients: tech, wearables, and AI ... 00:18:27 Therapeutic plasma exchange (TPE): mechanism and safety ... 00:27:47 Essential biomarker and at-home tests ... 00:48:19 Continuous glucose monitors and real-time health feedback ... 00:52:33 Next Health model: prevention, functional, lifestyle, longevity ... 00:43:08 Longevity circuit: cellular gym approach ... 00:59:37 Liquid biopsy and early cancer detection ... 01:02:08 Advice for health, self-care, and lifelong vitality ... 01:09:31 Where to learn more and clinic expansion ... 01:10:26 Our Amazing Sponsors: Manukora honey - From remote forests in New Zealand, where bees collect nectar from the native Manuka tea tree. That nectar is naturally rich in antibacterial compounds like MGO, plus antioxidants and prebiotics that support immunity and gut health. Visit manukora.com/NAT to save up to 31% plus $25 worth of free gifts with the Starter Kit - you'll get an MGO 850+ Manuka Honey jar, 5 travel sticks, a wooden spoon, and a guidebook. *Look out for their Black Friday/Cyber Monday promotion from 11/17/25 - 12/02/25.. Qualia NAD+ - A groundbreaking, doctor-formulated vegan formula that boosts your NAD levels by up to 67% for enhanced cellular energy, DNA repair, and detox support. Go to qualialife.com/NATHALIE and use promo code NATHALIE to get 15% off—and try it risk-free with their 100-day money-back guarantee. Probiotic Breakthrough by Bioptimizers - uses a stress-tested Lactobacillus plantarum strain that showed over 30× greater survival in bile and intestinal fluid vs. generic strains. Save 15% at bioptimizers.com/bionat and use code BIONAT for 15% off any order. Nat's Links: YouTube Channel Join My Membership Community Sign up for My Newsletter Instagram Facebook Group
Recorded 2025-11-14 17:04:53
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