Podcast appearances and mentions of Mark Leonard

If the rules-based order is broken, what comes next? And who will lead it? Mark Leonard argues in his new book, Surviving Chaos: Geopolitics When the Rules Fail, that the coming system will be “un-order,” governed not by China or the United States but by no one at all. Are states responding quickly enough? Leonard, who is the director of the European Council on Foreign Relations, joins FP Live's Ravi Agrawal to explore how policymakers should adjust. Hal Brands: Three Scenarios for a Post-Trump World Stephen M. Walt: Chinese Hegemony Might Be Happening James Palmer: China Doesn't Always Win When the U.S. Loses Michael Hirsch: After the Nation-State Learn more about your ad choices. Visit megaphone.fm/adchoices

Mark Leonard, Director of the European Council on Foreign Relations, talks to Paul Adamson about his new book 'Surviving Chaos - Geopolitics When The Rules Fail'.

In this Extra Time, host Martin Murphy is joined by James and Alan to analyze the high-stakes landscape of Scottish football as the season reaches its boiling point. The team dives deep into recent transfer rumors, including links to Mark Leonard, while providing a data-driven defense of Celtic's Player of the Year, Benjamin Nygren, against recent fan criticism. The discussion pivots to the Speedboat League projections, where Alan reveals a tightening race for European spots and the statistical “variance” impacting Hearts and Rangers. Finally, the trio previews the upcoming Glasgow Derby, weighing the tactical shift of Danny Roll's 4-2-2-2 Red Bull model against Celtic's potential injury crisis following Maeda's recent knock.Want to support the channel? - https://huddlebreakdown.comLike this video and want more content like it? Subscribe to the channel below and hit the bell to get notified every time a new video goes live. Follow us on Twitter: @huddlebreakdown@Alan_Morrison67 @jucojames Hosted on Acast. See acast.com/privacy for more information.

Mark Leonard, co-founder and director of the European Council on Foreign Relations, speaks to EI's Jack Dickens about Europe's place in a changing world order.Image: The EU flag in Siracusa, Sicily. Credit: Alamy

„Unser 7-jähriger Sohn ist wie ein kleiner Vulkan: Wenn er ausbricht, ist er nicht mehr zu stoppen“, sagt der Content-Creator Mark Leonard (@mark.my.thoughts). Lange Zeit wusste der Eltern-Coach nicht, was hinter diesem Verhalten steckt, inzwischen ist klar: Es handelt sich um eine sogenannte pathologische Anforderungsvermeidung (PDA), die dem Autismus-Spektrum zugeordnet wird. Und weil es darüber kaum Infos gibt auf dem deutschen Markt, hat Mark kurzerhand selbst auch Buch darüber geschrieben: „Mein einzigartiges Pandakind“. Im Gespräch mit Florian von der Online-Community Echte Papas und Marco (www.menshealth.de/dad) erzählt Mark, wie lange der Weg bis zur Diagnose war, was typische Verhaltensweisen für Pandakinder sind, vor welchen Herausforderungen seine Frau und er im Familienalltag stehen, wie er selbst wieder Kraft schöpft, weshalb bedürfnisorientierte Erziehung der Schlüssel ist und warum „Grenzen setzen“ nicht wirklich weiterhilft. Zusätzlich gibt es natürlich auch dieses Mal wieder einen neuen Song auf der Spotify-Playlist der ECHTEN PAPAS: https://spoti.fi/2Zutj4H, natürlich ausgesucht von Mark. Am besten die Spotify-Playlist gleich downloaden, anhören und abonnieren wie auch den Podcast selbst. Ihr habt Feedback? Zu der Playlist? Zu dieser Folge? Oder eine allgemeine Frage? Dann schreibt gerne eine Mail an: podcast@echtepapas.de! Und jetzt: Viel Spaß beim Hören!

In recent years, there has been no shortage of crises for Europe to face. From the Covid-19 pandemic, Russia's full scale invasion of Ukraine, the climate crisis, the migration crisis, it now must add an increasingly unreliable and unpredictable leader in the White House and the consequences of the conflict in Iran.   On this episode of The UK in a Changing Europe podcast, Director Anand Menon is joined by Mark Leonard, co-founder and Director of the European Council on Foreign Relations. The pair discuss the end of the transatlantic alliance as we know it and how Europe can strenghten its resilience outside of NATO structures, whether European responses to different crises have met the moment, as well as the problems that the structural changes that China is driving will present for Europe looking forward. 

Regina Botros is joined backstage by Mark Leonard Winter, whose Mark Antony has emerged as the standout performance in Bell Shakespeare's bold 2026 production of Julius Caesar. Making his Bell Shakespeare debut, Mark brings a volatile, magnetic energy to Antony in a contemporary staging set in 1990s Eastern Europe and directed by Peter Evans. A Helpmann Award winner and founding member of independent theatre company Black Lung, Mark is known for his fearless, risk‑taking performances across Australia's major stages, including Sydney Theatre Company and Melbourne Theatre Company. His acclaimed turn as Antony has drawn glowing reviews, with critics praising its wild charisma, mercurial shifts, and unsettling modernity — a performance that commands attention and divides opinion in all the right ways. We talk about Antony as both Caesar's confidant and political operator, the choices behind finding the character's duplicity, and how Mark approached a role often overshadowed by Brutus. He also reflects on breaking the fourth wall, including the production's much‑discussed funeral speech moment, and what it means to play Shakespeare with such direct audience connection. Bell Shakespeare's Julius Caesar runs at • Sydney Opera House: 7 March – 5 April 2026 • Canberra Theatre Centre: 10 – 18 April 2026 • Arts Centre Melbourne: 23 April – 10 May 2026    

GESTIONNAIRES EN ACTION. À la Bourse, le plus difficile, c’est de savoir quand vient le bon moment de se départir d’un titre, estime François Rochon, président et gestionnaire de portefeuille à Giverny Capital. «La décision de vendre un titre, je dirais que ça dépend beaucoup de notre philosophie d'investissement au départ. Il faut un peu que la philosophie de vente soit en ligne avec la philosophie d'achat», estime-t-il. Il dit regarder divers critères au moment d’ajouter une entreprise en portefeuille, tentant de dénicher celles qui possèdent une valeur intrinsèque supérieure à la moyenne, bénéficient d’avantages concurrentiels durables, d’une bonne équipe de direction et d’un bon bilan tout en ayant de bonnes perspectives de croissance. «Tant que ça, c'est intact, on va vouloir garder le titre en portefeuille. Je dirais qu'il y a deux choses qui peuvent se produire qui nous inciteraient à vendre. La première, c'est que les belles qualités qu'on admirait dans l'entreprise peuvent changer», explique-t-il. La seconde chose qu’il aime moins, c’est si une entreprise augmente beaucoup son endettement, soit avec une acquisition ou pour toute autre raison. «Si je deviens moins confortable avec le niveau de la dette, même si les résultats sont bons, je vais parfois préférer vendre. C'est vraiment du cas par cas», explique-t-il. François Rochon soutient que d’autres éléments peuvent l’inciter à se départir d’un titre est l’émergence d’un concurrent qui possède de meilleures perspectives de croissance. Dans ces circonstances, il peut être avantageux selon lui de vendre le titre avec le moins de potentiel et d’allouer le capital à l’idée la plus prometteuse. Quand garder un titre : Constellation Software Quelques titres du portefeuille de Giverny Capital ont connu une année difficile en 2025 et l’éditeur de logiciels Constellation Software (CSU, 2441,27$) est l’un de ceux-là, lui qui valait 5300$ au printemps dernier avant d’amorcer un important repli. «Je pense que Constellation Software, c'est une très, très bonne entreprise. Il y a deux, trois facteurs qui expliquent la baisse du titre. Une des raisons, ça a été le départ pour des raisons de santé du président Mark Leonard. Toutefois, la raison principale de la baisse du titre, c'est que toutes les sociétés de logiciels ont beaucoup baissé en Bourse par crainte que l'intelligence artificielle vienne affecter durement leur modèle d'affaires», affirme-t-il. Le titre de Constellation, ces dernières années, se négociait à 30 fois les profits prévus, alors que ce ratio a chuté à 15 fois. «Pourtant, les résultats de 2025 ont été très bons. Le bénéfice par action ajusté a progressé d'à peu près 20%. Il n'y a donc pas de raison de croire, que les fondamentaux de l’entreprise ont changé», juge-t-il, estimant que le recul du titre est exagéré. Quand garder un titre : Five Below Un autre titre que Giverny Capital a choisi de garder en portefeuille malgré une période tumultueuse est celui du détaillant d'articles à 5 $ et moins Five Below (235,39$US). Le titre a chuté jusqu'à un peu moins de 55 $US avant de rebondir fortement pour dépasser 230$US. Dans ce cas, la patience des actionnaires a été récompensée. La patience a été récompensée dans ce cas. «On a acheté le titre la première fois durant la pandémie, donc en mars 2020. Je pense qu'on avait payé 70$US à l'époque. Les années 2020, 2021 et 2022 ont bien été, sauf que 2024 a été très difficile. Les profits ont baissé et le titre a beaucoup reculé», rappelle-t-il. Le creux de moins de 55$US a été atteint dans la foulée des tarifs du président Donald Trump. Les investisseurs craignaient alors que ces tarifs viennent rogner les marges bénéficiaires de l’entreprise, qui s’approvisionne beaucoup en Asie. «À ce moment-là, le titre était vraiment déprimé, mais je croyais beaucoup dans le modèle d'affaires de la société. Puis bon, le bilan était encore très solide. Ils ont changé de PDG (en embauchant Winnie Park en décembre 2024) et finalement, les résultats de 2025 ont été très bons, ce qui a fait rebondir le titre», dit François Rochon. Cinq ans après l’achat du titre, Giverny Capital était en territoire négatif avec cet investissement, mais selon l’investisseur, c’est la qualité du bilan qui a fait toute la différence.Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr

Kennst du dieses Gefühl, dass dein Kind auf ganz vieles mit massivem Widerstand reagiert – und du innerlich spürst: Das ist mehr als „nur schwierig“.Mehr als stur. Mehr als willensstark. Mehr als „da müssen wir einfach konsequenter sein“.In dieser Hi, Baby! Interviewfolge spreche ich mit Mark Leonard. Er ist Vater eines Kindes mit PDA-Autismus, Elterncoach für PDA-Autismus und Hochbegabung und Autor des Buches „Mein einzigartiges Panda-Kind“ – einer Mischung aus persönlichem Erfahrungsbericht und praktischem Elternratgeber.Gemeinsam sprechen wir über besondere Kinder, besondere Nervensysteme und die ganz besondere Wucht, die dieser Alltag für uns Eltern haben kann.In dieser Folge erfährst du unter anderem:✔ Woran du erkennen kannst, ob dein Kind im PDA-Profil liegen könnte ✔ Warum klassische Erziehung, Druck und Konsequenzen bei diesen Kindern komplett nach hinten losgehen ✔ Welche Dynamiken Eltern im Alltag mit PDA-Autismus besonders herausfordern ✔ Was konkret helfen kann, wenn dein Kind auf Anforderungen mit Widerstand, Kontrolle oder Eskalation reagiert ✔ Warum Verstehen oft der erste riesige Schritt in Richtung Entlastung ist – für dein Kind und für dichHier gehts zu Marks Buch "Mein einzigartiges Panda Kind"Hier kannst du Mark auf Instagram folgen

On today's episode, Clay is joined by François Rochon to discuss his 2025 annual letter and the key themes shaping markets in 2025. He also digs into his top holdings, including Constellation Software, Alphabet, and Meta. IN THIS EPISODE YOU'LL LEARN: 00:00:00 - Intro 00:02:18 - François's key takeaways and lessons from 2025 00:03:58- Why François views AI as a revolution on par with the early internet 00:07:04 - The circular investment dynamic in AI infrastructure and what it means for companies like Nvidia 00:11:46 - How Alphabet and Meta are using massive capex spending to both defend and grow their businesses 00:17:52 - Why François believes shares of Constellation Software are cheap despite the AI-driven sell-off in software stocks 00:30:03 - What made Mark Leonard one of François's favorite CEOs 00:42:09 - Why François sold CarMax after 18 years 01:11:29 - The three essential qualities every successful long-term investor must develop Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Mastermind Community⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. Learn how to join us in Omaha for the Berkshire meeting ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Rochon's firm: Giverny Capital. Rochon's annual letters. Follow Clay on ⁠⁠X⁠⁠ and ⁠⁠LinkedIn⁠⁠. Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Check out our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠We Study Billionaires Starter Packs⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try our tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance Tool⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. SPONSORS Support our free podcast by supporting our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: HardBlock Human Rights Foundation Vanta Unchained Netsuite Fundrise Shopify References to any third-party products, services, or advertisers do not constitute endorsements, and The Investor's Podcast Network is not responsible for any claims made by them. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

+ Was PDA (Pathological Demand Avoidance) eigentlich ist + Warum Anforderungen für manche Kinder Überlebensstress auslösen + Meltdown, Equalizing und andere typische Verhaltensweisen + Welche Haltung Eltern hilft, Kinder mit PDA zu begleiten

Was bedeutet es eigentlich, Elternteil von einem oder mehreren Kindern mit PDA zu sein?Mark sagte: "Es macht einsam und du musst ständig damit klarkommen, bewertet zu werden". Und genau deshalb widmen wir uns mit dieser Folge intensiv den Bedürfnissen derjenigen, die täglich (zum Teil minütlich) Zeit mit PDA Kindern verbringen und lernen müssen, wie Elternschaft überhaupt funktionieren kann.Marks Buch: Mein einzigartiges Panda Kind kannst du hier (vor)bestellen.Danke Mark, dass du da warst!Schick mir eine kleine Textnachricht ❤️Hier kannst du mein Buch vorbestellen: Es heißt Kinder, die durchs Raster fallen und erscheint am 28.04.2026 im YES!-VerlagJETZT vorbestellenHol dir mein Dokument für neuroinklusiven Schulunterricht!Ich komme auch an deine Schule und bilde das gesamte Kollegium zu den Themen ADHS, Autismus & herausforderndem Verhalten in der Schule weiter!➡️ Du findest mich auf Instagram unter @kapierfehler und auf meiner Website. Liebe Grüße,deine Corina

Donald Trump wants Greenland - and he's willing to use tariffs to get it.If European allies refuse to sell, the US president has threatened to escalate trade penalties, weaponising economic pressure rather than military force. The proposal has sparked alarm across Europe, with some leaders calling for the EU to deploy its so-called “trade bazooka” in response. UK Prime Minister Keir Starmer has warned that a trade war benefits nobody.So is this just bluster - or the opening shot in a new phase of transatlantic economic conflict? And what would a trade war over a sparsely populated Arctic territory mean for the global economy?On this episode of The Fourcast, we're joined by Mark Leonard, Director of the European Council on Foreign Relations, speaking as he travels to the World Economic Forum in Davos, and our Economics Correspondent Helia Ebrahimi is in the studio to break down the economic stakes.

On January 1, 2026, Warren Buffett officially stepped down as CEO of Berkshire Hathaway and handed the reins to his longtime lieutenant Greg Abel.Buffett had been CEO of $BRKB for the past 60 years, and Berkshire's stock price had increased 5.5 million percent during his six-decade tenure.What's next for one of the world's greatest publicly-traded companies of all time?On today's @7investing Live show, my special guest Auri Hughes @Auri_Invest and I will discuss how massive leadership transitions can impact a company and how investors should evaluate them when deciding to buy or sell a stock.Our stock of focus today will be Constellation Software $CNSWF, whose CEO Mark Leonard similarly stepped down after three decades at the helm.

The geopolitical shocks of 2025 have the potential to reverberate for decades to come. Trump's America first agenda and the new US national security strategy risk European unity, security and the rise of far right politics; Trump's trade wars have served to increase the pressure on states looking to balance relations with the US, China and also a rising India, and Israel's assaults in Iran, Gaza and Lebanon have changed the balance of power in the Middle East.  In the final episode of the year, Gavin Esler talks to Mark Leonard, co-founder and director of the European Council on Foreign Relations, to examine how the geopolitical balance has shifted in 2025. • Support us on Patreon to keep This Is Not A Drill producing thought-provoking podcasts like this. Written and presented by Gavin Esler. Produced by Robin Leeburn. Original theme music by Paul Hartnoll – https://www.orbitalofficial.com. Executive Producer Martin Bojtos. Managing Editor Jacob Jarvis. Group Editor Andrew Harrison. This Is Not A Drill is a Podmasters production. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Constellation Software zählt zu den erfolgreichsten Softwarekonsolidierern der vergangenen zwei Jahrzehnte. Die Wachstumszahlen sind beeindruckend, die Übernahmestrategie gilt als wegweisend, und über 800 akquirierte Unternehmen haben ein Geschäftsmodell entstehen lassen, das in dieser Form einzigartig ist. Doch erstmals seit langer Zeit geraten gleich mehrere Grundpfeiler des Unternehmens unter Druck. Zum einen sorgt der überraschende Rücktritt von Gründer Mark Leonard für Verunsicherung. Seine Rolle als strategischer Kopf und Architekt des Akquisitionsmodells ist kaum zu überschätzen. Mit Mark Miller übernimmt zwar ein interner Manager mit jahrzehntelanger Erfahrung, doch der Übergang fällt in eine Phase, in der der Markt sensibler reagiert denn je. Gleichzeitig wächst der Wettbewerb durch neue KI-Plattformen, die einfache, individualisierbare Softwarelösungen ermöglichen. Gerade im vertikalen Softwaremarkt könnte dies die Margen unter Druck setzen. Einige Wettbewerber zeigen bereits ähnliche Schwächetendenzen, was die Frage aufwirft, ob die gesamte Branche vor einem strukturellen Wandel steht. Im Podcast wird beleuchtet, warum die Bewertung des Unternehmens trotz langfristiger Stärke spürbar gefallen ist, welche Rolle die jüngsten Quartalszahlen spielen und welche charttechnischen Marken jetzt entscheidend sind. Außerdem wird eingeordnet, wie real die Risiken für das Geschäftsmodell tatsächlich sind, und welche Faktoren darauf hindeuten, dass der aktuelle Abschwung sowohl Warnsignal als auch Chance sein kann. Inhaltsverzeichnis00:00 Intro01:12 Langfristiger Chart: Constellation Software02:44 Constellation Software vs. Technologie ETF (XLK) vs. S&P 500 vs. S&P/TSX Composite Index03:25 Constellation Software vs. Microsoft vs. Vitec Software vs. Roper Technologies vs. Enghouse Systems04:54 Gründe des jüngsten Kurs-Rückgangs08:50 Geschäftsmodell von Constellation Software10:03 Firmen-Überblick12:01 Zukäufe & Akquisitionen12:45 Negative Meldungen13:42 Burggraben14:49 Inhaberschaft17:01 Umsatz- & Margen vs. Video aus 202417:49 Umsatz nach Segmenten & Regionen18:49 Gewinn, CashFlows & Dividenden vs. Video aus 202419:52 Bilanzüberblick & Aktienrückkäufe20:45 Übernahmen der letzten Jahre22:01 Kennzahlen (KGV) vs. Wettbewerber22:54 Dividenden Rendite23:27 Bewertung: Constellation Software vs. Video aus 202425:26 Chartanalyse: Constellation Software vs. Video aus 202428:06 Ist die Constellation Software Aktie derzeit ein Kauf?29:17 Börsen-Kompass Einblick30:14 Disclaimer & Danke fürs Einschalten!

GESTIONNAIRES EN ACTION. L'emblématique dirigeant de Constellation Software (CSU, 3855,64$), Mark Leonard, a annoncé qu'il quittait son poste de PDG de la société le 25 septembre dernier avec effet immédiat, invoquant des raisons personnelles. François Rochon, président et gestionnaire de portefeuille à Giverny Capital, a souvent vanté les qualités de Mark Leonard au fil des ans, lui qui est actionnaire de Constellation Software depuis 11 ans. Il soutient que l’entreprise reste un bon titre à détenir en portefeuille malgré le changement récent à la haute direction. «L'entreprise a une très grande profondeur. Elle a beaucoup de divisions très autonomes. Ça a toujours été géré de manière très décentralisée. Je ne pense pas que le changement de PDG va affecter la performance de Constellation Software à court terme», dit-il. À son avis, Mark Miller était le candidat logique pour succéder à Mark Leonard, puisqu’il fait partie de l’équipe de direction de la société depuis 30 ans. «Il était le président d'une des premières entreprises acquises par Constellation en 1995. C’est donc une suite logique. C'est sûr que j'ai une grande admiration pour Mark Leonard, mais son départ n’est pas négatif au point de nous pousser à vendre nos actions», affirme-t-il. Il souligne que Constellation Software a maintenu un rythme de croissance du bénéfice par action d'à peu près 20% par année. «Ça a été vraiment une performance phénoménale. Comparé à d'autres entreprises, dont la croissance est souvent moins durable, celle de Constellation repose en grande partie sur des revenus récurrents», précise-t-il. Une baisse de 27% peu inquiétante Le titre de Constellation Software a reculé d’environ 6% depuis l’annonce du départ du PDG, qui conserve toutefois un siège au conseil d’administration de l’entreprise. Toutefois, le recul depuis son plus récent sommet de 5300$ atteint 27%, lui qui valait environ 3855$ cette semaine. François Rochon ne s’en fait pas avec l’ampleur de la baisse. «Vous savez, j'ai vu neiger et des baisses de 25% à 30%, c'est quasi normal dans presque chaque société qu'on va posséder à très long terme», raconte-t-il. Selon lui, le ratio cours/bénéfice du titre à son sommet était assez élevé, ce qui peut expliquer le retour à la normale. Il reste que le recul de la valeur de l'action, alors que la Bourse de Toronto fait très bien cette année, peut soulever des questions. François Rochon soutient que la performance du S&P/TSX depuis le début de l’année n’est pas liée à celle de Constellation Software, mais plus à trois facteurs : la bonne tenue des titres bancaires et aurifères, sans oublier celle de Shopify (SHOP, 220,10$). *Le balado «Gestionnaires en action» a reçu un honneur, étant reconnu en juin dernier dans le Top 100 des meilleurs balados sur les marchés financiers en ligne par la société américaine Million Podcasts.Pour de l'information concernant l'utilisation de vos données personnelles - https://omnystudio.com/policies/listener/fr

Braden’s back with Simon and Dan for the quarterly mastermind discussion. In this episode we primarily talk about Constellation Software’s wild week: Mark Leonard’s abrupt exit for health reasons following a rare conference call with investors on AI. We weigh continuity vs. key-person risk, why the slower pace of big deals might be prudence (not decay), and whether AI fears are overblown for mission-critical vertical software. Tickers discussed: CSU.TO Check out our portfolio by going to Jointci.com Our Website Our New Youtube Channel! Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Fiscal.ai for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.

This episode was recorded before the sad news that Mark Leonard had to step down as CEO of Constellation Software for health reasons. We wish him a full and speedy recovery. This week, Barry and Ernest react to Constellation Software's conference call about the risks and opportunities of AI to their business. 0:00- Intro4:34- Constellation's AI conference call13:53- Geoffrey Hinton's radiologist prediction14:58- AI concerns for Constellation24:48- AI opportunities for Constellation27:02- Constellation's decentralization 32:00- High hurdle rates for M&A

In this episode of Tank Talks, host Matt Cohen is joined by John Ruffolo to discuss pivotal developments shaping Canada's economy and tech industry. They cover a range of topics, from Canada's immigration policies in light of changes to the U.S. H1-B visa program to the evolving AI landscape and its economic implications. John provides insights on how Canada could leverage these immigration shifts to attract global talent, while exploring the risks of inflated AI valuations and the potential for an AI bubble.The conversation also delves into the rising vendor financing model in AI, which could contribute to market instability, and examines whether the massive investments in AI infrastructure are sustainable. John reflects on the challenges facing Canadian companies, including the latest news from Constellation Software and its founder, Mark Leonard's resignation. Together, they explore how AI and its financial impact may create headwinds for established companies while offering opportunities for the Canadian tech sector to emerge as a global leader.A Quick Word from our Sponsor, FaskenAt Fasken, our clients don't wait for the future. They build it. As the first and largest dedicated emerging tech practice in Canada, our team is composed of founders, ex in-house counsel, developers and business advisors who have guided clients from startup, to scale-up, to exit. The trust of our clients has enabled us to consistently rank at the top of every major Canadian M&A, Capital Markets and Venture Capital league table. With deep industry knowledge and experience across all areas of emerging and high growth technology including ClimateTech, MedTech, Artificial Intelligence, Fintech, and AgTech we're your partners within the innovation ecosystem as you transform the landscape of what's possible.Tomorrow starts here. Own it with us.For more information, visit fasken.com/emergingtech and follow us on LinkedIn.AI CapEx Bubble: A Growing Concern (07:30)The conversation shifts to the massive capital expenditures in AI, with John analyzing the risks associated with overbuilding data center infrastructure and the possibility of a tech bubble.Vendor Financing in AI: A Dot-Com Repeat? (09:52)John draws parallels between current AI financing models and the early 2000s dot-com bubble, exploring whether companies are overexposed in the AI sector.The Future of AI Valuations (15:04)An in-depth discussion on the risks of inflated AI company valuations and the potential economic fallout.Canada's Immigration Advantage: H1-B Visa Adjustments (18:12)John and Matt discuss the implications of recent changes to the U.S. H1-B visa program and how Canada could use this shift to attract top talent.Constellation Software: A Transition and the Role of AI (27:09)John reflects on the recent news of Mark Leonard's resignation from Constellation Software and what this means for the company, especially in light of AI-driven changes.Connect with John Ruffolo on LinkedIn: https://ca.linkedin.com/in/joruffoloConnect with Matt Cohen on LinkedIn: https://ca.linkedin.com/in/matt-cohen1Visit the Ripple Ventures website: https://www.rippleventures.com/ This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

The Investing Power Hour is live-streamed every Thursday on the Chit Chat Stocks Podcast YouTube channel at 5:00 PM EST. This week we discussed:(00:00) Introduction (02:26) AI Boom and Market Implications(08:35) Electricity Consumption and AI(16:43) Drafting Future Share Cannibals(21:09) Criteria for Selecting Share Cannibals(41:39) Mark Leonard's Legacy and Constellation Software(47:10) Yelp's Business Model and Market Position(53:15) Compass's Disruption in Real Estate(59:14) Listener Questions *****************************************************JOIN OUR NEWSLETTER AND CHAT COMMUNITY: https://chitchatstocks.substack.com/ *********************************************************************Chit Chat Stocks is presented by Interactive Brokers. Get professional pricing, global access, and premier technology with the best brokerage for investors today: https://www.interactivebrokers.com/ Interactive Brokers is a member of SIPC. *********************************************************************Fiscal.ai is building the future of financial data.With custom charts, AI-generated research reports, and endless analytical tools, you can get up to speed on any stock around the globe. All for a reasonable price. Use our LINK and get 15% off any premium plan: ⁠https://fiscal.ai/chitchat *********************************************************************Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

Unser Partner Scalable Capital ist jetzt eine Bank und bietet euch dadurch jetzt noch bessere Konditionen. Mehr Infos findet ihr unter: scalable.capital/oaws. Brunello Cucinelli wird attackiert, H&M und Birkenstock liefern ab. Starbucks restrukturiert, Amazon und SAP haben Behörden-Ärger. Xiaomi will nach Deutschland, USA wollen vielleicht höhere Zölle auf Medizintechnik und Mark Leonard muss sich zurückziehen. Die Social-Media-Feeds sind voll mit Iced Latte Matcha und Co. Wer profitiert, wie kann man investieren? Zum Beispiel über den japanischen Teegiganten ITO EN (WKN: 888735) - wir schauen, ob es sich lohnt. EQT (WKN: A2PQ7G) will größter Private-Equity-Investor der Welt werden und KKR überholen. Kann die Aktie davon profitieren? Diesen Podcast vom 26.09.2025, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung.

Send us a textWhat if your biggest business mistakes could become your greatest marketing opportunities? What if teenagers could successfully run million-dollar operations? Dr. Mark Leonard, human performance expert and certified high-performance coach, challenges conventional wisdom about leadership, success, and the younger generation.Having studied human psychology for over two decades, Dr. Leonard shares the fascinating insights that led him to develop a leadership approach based on coaching rather than dictating. He draws a powerful parallel between how we encourage toddlers learning to walk and how we should approach failures in business and life. "We're meant to struggle," he explains, "but what if you could be successful and happy? What if you could be successful and giving? What if, at the end of the day, you weren't exhausted but fulfilled?"The conversation takes an unexpected turn when Dr. Leonard reveals how he and his wife entrust teenagers to operate their Jeremiah's Italian Ice franchise locations. Rather than subscribing to negative stereotypes about younger workers, he's created a culture where these "toddlers in the workplace" flourish as leaders. His secret? Teaching them to ask questions, make decisions, and transform mistakes into opportunities.Perhaps most revolutionary is his approach to errors: "I love when my employees make mistakes. I can make money off of mistakes." By encouraging employees to create "the prettiest mistake they've ever made," these imperfect products become donations to schools, food banks, and local businesses—building community relationships while simultaneously serving as innovative marketing.Whether you're a business owner, manager, parent, or simply someone interested in human potential, this episode offers practical wisdom for creating environments where people thrive. Learn how kindness and empathy aren't just nice values—they're powerful tools for building successful businesses and meaningful relationships.Connect with Dr. Leonard at thehappinessbreakthrough.com and discover how his coaching can transform your approach to leadership, success, and fulfillment.This podcast is a proud member of the Mayday Media Network. If you have an idea for a podcast and need some production assistance or have a podcast and are looking for a supportive network to join, check out maydaymedianetwork.com. Like what you hear on the podcast? Follow our social media and subscribe to our newsletter for more uplifting, inspirational and feel-good content.FacebookInstagramLinkedInTikTok Newsletter SignupSupport the show

In the middle of the night on November 10, 2012, an explosion wreaks havoc in a quiet neighborhood in the Indianapolis suburb Richmond Hill. The blast is so powerful that it moves the needle of an earthquake sensor 26 miles away. The massive explosion destroys homes and takes lives. But this is no accident. As they pick apart this insurance fraud gone wrong, investigators close in on suspects Monserrate Shirley and her conman boyfriend, Mark Leonard. When the law closes in, Leonard calls for more violence. (Original television broadcast: 8/14/17)

We break down key insights from Constellation Software’s recent AGM, where CEO Mark Leonard was candid about the challenges of deploying capital at scale, potential “style drift,” and the limits of future returns. Despite the company’s exceptional track record, Leonard warns that the days of 25%+ annual returns may be behind them—though opportunities could still remain if they navigate carefully into new verticals. We also dive into the surging popularity of covered call ETFs in Canada. But what are the real risks and benefits of these ETFs? We explain how these funds work, their pros and cons, and why some investors may be setting themselves up for disappointment by chasing double-digit yields. Tickers of stocks discussed: ZEB.TO, ZWB.TO, CSU.TO Get your Calgary Meetup Tickets here! Check out our portfolio by going to Jointci.com Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Finchat.io for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.

Ahead of German elections, Mark Leonard from the European Council on Foreign Relations reflects on Germany's significance within the wider European project. We investigate the murky world of underwater stealth sabotage. The German town of Meiningen fosters a cultural oasis in the middle of an AfD stronghold. And Alice in Orbanland: AfD leader Weidel pays a visit to Hungary.

Today, we are replaying one of our favorites, breaking down the industrial conglomerate AMETEK. AMETEK is a great pairing with last week's episode on Jack Henry. These are two businesses with very long track records executing a playbook. AMETEK is one of eight companies that Mark Leonard and his team at Constellation Software studied as they built their own empire. And it's one well worthy of a discussion as you'll hear.  To break down AMETEK, I'm joined by Nael Fakhry, Co-CIO of the Osterweis Capital Management Growth and Income Strategy. Nael has spent a significant amount of time around AMETEK from the early 2000s until today. Please enjoy this breakdown on AMETEK. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is sponsored by Finley - modern debt capital management software for borrowers and lenders. Ask around and you'll find that nearly every operator or investor has experienced the operational nightmare of managing debt capital. Finley works by translating unstructured credit agreements into code, which gets all parties on the same page and helps them streamline the credit management lifecycle--think covenant reporting, interest and fee tracking, and portfolio analysis. Join the forward-thinking finance leaders, investors, and bank executives already modernizing their debt capital operations with Finley. Learn more and request your demo at finleycms.com. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @bizbreakdowns | @zbfuss | @ReustleMatt | Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Learn about Finley (00:02:52) An Overview of Ametek (00:04:17) Ametek's Diverse Product Range  (00:11:09) Ametek's history: From Bankruptcy to Industrial Dominance (00:20:22) Ametek's Growth Model: Innovation, Acquisitions, and Global Expansion (00:25:23) Understanding Ametek's Finances (00:29:37) Exploring Revenue Growth and Margin Expansion (00:30:10) Incremental Margins and Cyclical Nature of the Business (00:31:07) Operational Excellence (00:33:35) Decentralized Approach (00:35:21) The Role of Acquisitions (00:36:33) Challenges and Risks (00:38:45) Capital Allocation (00:45:55) Evaluating Cyclical Business Performance and Resilience (00:48:27) Dividend Policy (00:49:44) Valuation and Growth Sustainability (00:53:41) - Key Lessons

Today, we are breaking down Jack Henry. If you're not familiar with it, Mark Leonard of Constellation Software once referred to this business as their ‘gold standard.' Jack Henry is a true best in class operator within the vertical market software space.  To break down the business, I'm joined by Bob Desmond, Portfolio Manager and Head of Claremont Global. Jack Henry sells full operating system software that powers small and mid-sized banks. Like many great vertical market software businesses, M&A has been a piece of the puzzle, but Jack Henry puts a very deliberate focus on organic growth particularly in their core product. The stock has appreciated 480x since its IPO in the mid-eighties, but more recently, has been essentially flat over the past five years, and we get into great business dynamics versus stock dynamics. Please enjoy this Breakdown of Jack Henry. Subscribe to Colossus Review For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is sponsored by Finley - modern debt capital management software for borrowers and lenders. Ask around and you'll find that nearly every operator or investor has experienced the operational nightmare of managing debt capital. Finley works by translating unstructured credit agreements into code, which gets all parties on the same page and helps them streamline the credit management lifecycle--think covenant reporting, interest and fee tracking, and portfolio analysis. Join the forward-thinking finance leaders, investors, and bank executives already modernizing their debt capital operations with Finley. Learn more and request your demo at finleycms.com.  ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Learn About Finley (00:05:42) Jack Henry's Business Model and Market Position (00:06:22) Colossus Review Announcement (00:07:04) Deep Dive into Jack Henry's Operations (00:09:43) Jack Henry's History and Culture (00:12:44) Customer Focus and Competitive Advantage (00:16:23) Growth Strategy and Market Dynamics (00:19:37) Technology and Innovation at Jack Henry (00:24:08) Customer Integration and Market Share (00:34:50) Revenue Uplift and Customer Benefits (00:38:57) Financial Metrics and Margins (00:40:35) Cash Flow and Dividend Growth (00:41:53) Cyclicality and Resilience (00:48:04) Fintech Competition and Partnerships (00:53:20) Customer Base and Market Shifts (00:56:17) Risks and Cybersecurity Concerns (00:59:22) Valuation and Long-Term Growth (01:02:14) Key Lessons from Jack Henry

On today's episode, Clay is joined by Eddy Elfenbein to discuss his top stock picks for 2025. After Clay lets Eddy go, he also outlines his top stock pick for 2025 — Lumine Group. Eddy Elfenbein is a portfolio manager and creator of the Buy List, a portfolio of high-quality stocks that have consistently outperformed the market. Known for his Crossing Wall Street blog, he simplifies complex financial concepts into actionable insights for investors. He also manages the AdvisorShares Focused Equity ETF ($CWS), which is based on his Buy List of high-quality stocks. IN THIS EPISODE YOU'LL LEARN: 00:00 - Intro 04:29 - Eddy's views on the current market and economy. 07:00 - The Buy List's top performers from 2024. 14:41 - An overview of the names he added and removed from The Buy List. 30:38 - How Eddy balances being aware of the macro environment without letting it override his investment process. 44:15 - The investment thesis for Lumine Group. And so much more! Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, Kyle, and the other community members. The Buy List for 2025. Crossing Wall Street Blog and Substack. ETF (Ticker: CWS) information. Join our highly vetted community of value investors here. Clay's previous episode on Mark Leonard's shareholder letters. Check out Interactive Brokers. Seeking Winners Substack (Lumine write-up is titled, ‘Carving Out Growth'). Email Shawn at shawn@theinvestorspodcast.com to attend our free events in Omaha or visit this page. Follow Clay on Twitter. Check out all the books mentioned and discussed in our podcast episodes here. Enjoy ad-free episodes when you subscribe to our Premium Feed. NEW TO THE SHOW? Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok. Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Hardblock Found Unchained The Bitcoin Way Vanta Fintool PrizePicks Onramp SimpleMining TurboTax Fundrise HELP US OUT! Help us reach new listeners by leaving us a rating and review on Spotify! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

New research last week suggested that a majority of Brexit voters would accept the return of freedom of movement in exchange for access to the EU single market. The poll, conducted by the European Council on Foreign Relations (ECFR), found that 54% of Brexit voters – and 68% of all respondents – would accept this. Facing their own changing domestic concerns, how close can the UK and EU governments really get? Could Defence hold the key for collaboration? And how much is this driven by a more volatile geopolitical landscape ahead of Trump's return as US president? James Heale speaks to Anand Menon, director of the think-tank UK in a Changing Europe, and Mark Leonard, director at the ECFR. Produced by Patrick Gibbons.

In this informative episode, Pepe takes us on a journey to revisit the early days of folk punk with a focus on Pat the Bunny (Johnny Hobo) & the DIY Bandits label that released much of his music. He enlists the support of longtime friends Dani Chaoflux & Mark Leonard who also spent time with Pat during those days. Together they explore a fascinating origin story that sparked a local community that eventually helped ignite a country wide scene. This is part 1...stay tuned for parts 2 & 3!Support the podcast to get bonus episodes + goodspatreon.com/BackontheGrindHIGHLIGHTS:"What were you thinking?" during the early Bandit daysCreating the Love Songs For The Apocalypse layoutWhat was a typical day like at Bandits HQ back then?What happened to the DIY Bandits website?Who were the DIY Bandits?Remembering the first Johnny Hobo showsEscaping security storyFavorite memory about Pat The BunnyDid the Johnny Hobo music actually reflect who Pat was?What was the scene like?Would you do it all again if you knew how it ended up going?We didn't use the term "folk punk" in the early daysFolk punk bands then & nowTouring with Johnny Hobo & the Freight TrainsWhat was the folk punk scene like in CT. in the early-mid 2000's?What was the difference between the early shows and current day shows?We like ska!Reflecting on Pat The Bunny during the Johnny Hobo eraSome Thoughts on the podcastGet Coffee for the Bandit in you; roasted by PepeStayFreeCoffee.comFollow the podcast on Instagraminstagram.com/backonthegrindpod/?hl=engramSend us questions, comments or topic suggestions toPodcast@BackOnTheGrindRecords.comLeave a comment/question on Spotify or Instagram (we read them all)***Word of mouth really matters to us. Here's two simple things you can do to help keep this podcast going strong: Share your favorite episode with a friend who you think will also enjoy it.Leave us a rating or review. It will help us reach & support more folks like you & that's why we do this :)Stay Free until next time! Hosted on Acast. See acast.com/privacy for more information.

New research this week suggested that a majority of Brexit voters would accept the return of freedom of movement in exchange for access to the EU single market. The poll, conducted by the European Council on Foreign Relations (ECFR), found that 54% of Brexit voters – and 68% of all respondents – would accept this. Facing their own changing domestic concerns, how close can the UK and EU governments really get? Could Defence hold the key for collaboration? And how much is this driven by a more volatile geopolitical landscape ahead of Trump's return as US president? James Heale speaks to Anand Menon, director of the think-tank UK in a Changing Europe, and Mark Leonard, director at the ECFR. Produced by Patrick Gibbons.

Welcome to the Personal Development Trailblazers Podcast! In this episode,  we'll explore the profound power of a mindset shift—how reframing your thoughts and beliefs can unlock new possibilities, restore your sense of control, and empower you to navigate life's challenges with confidence. Dr. Mark Leonard has been an entrepreneur and business owner for over 20 years, experiencing his fair share of worries, sleepless nights, and setbacks along the way. Currently, he owns three businesses that employ an average of 35 employees, giving him an intimate understanding of the pressures of owning and running a business. For the past 18 years, Dr. Leonard has studied why some people achieve remarkable success while others struggle, uncovering clear solutions that he is eager to share. Driven by his quest for understanding and growth, Dr. Leonard earned an EdD in Organizational Leadership from Pepperdine University, equipping him with the expertise to help companies and their leaders achieve sales and operational excellence. He recognizes that true success flows from the individuals leading these companies, which has become his passion—helping leaders break through limitations and plateaus to reach higher levels of success. This passion led Dr. Leonard to pursue training and certification as a Human Performance Expert and become a Certified High-Performance Coach, an industry leader in the field. Over the years, he has been blessed to coach literally thousands of business owners, leaders, and entrepreneurs to their success.   Beyond his professional endeavors, Dr. Leonard understands the complexities of life and its challenges. He has been married to Becky for 33 years, and together they have six children and 12 grandchildren. Balancing the priorities of life is something he deeply understands and navigates with empathy and experience. Connect with Dr. Mark here:  https://www.instagram.com/thehappinessbreakthrough/ https://www.facebook.com/happinessbreakthrough https://www.linkedin.com/in/mark-leonard-ed-d-73b44b5/ www.thehappinessbreakthrough.com Grab the freebie here: www.thehappinessbreakthrough.com/uncommon =================================== If you enjoyed this episode, remember to hit the like button and subscribe. Then share this episode with your friends. Thanks for watching the Personal Development Trailblazers Podcast. This podcast is part of the Digital Trailblazer family of podcasts. To learn more about Digital Trailblazer and what we do to help entrepreneurs, go to DigitalTrailblazer.com. Are you a coach, consultant, expert, or online course creator? Then we'd love to invite you to our FREE Facebook Group where you can learn the best strategies to land more high-ticket clients and customers.  Request to join here:  https://www.facebook.com/groups/profitablecoursecreators QUICK LINKS:  APPLY TO BE FEATURED: https://app.digitaltrailblazer.com/podcast-guest-application GET MORE CLIENTS: https://app.digitaltrailblazer.com/client-acquisition-accelerator-pdf DIGITAL TRAILBLAZER: https://digitaltrailblazer.com/ JOIN OUR FREE FACEBOOK GROUP: https://www.facebook.com/groups/profitablecoursecreators

Curious about what it truly means to be a Certified Anesthesiologist Assistant (CAA)? You're in the right place! From nearly two decades of experience, I share a clear and comprehensive breakdown of the CAA profession. Think of me as your older sister or best friend, guiding you step-by-step through the essentials—from what CAAs actually do to how much money we make, no topic is off limits. Whether you're an aspiring AA student or simply exploring a career in medicine, this guide equips you with the insights you need to understand the CAA profession.In Part 3 I break down some universally misunderstood concepts pertaining to CAA practice regulations such as licensure vs. delegatory authority, medical direction vs. medical supervision, and why CAA state licensure does not automatically guarantee state practice. This is a critical episode no matter where you are in your CAA journey, and one that helped me answer some long considered questions. Resources Mentioned:S3 E46  Transatlantic Tales of a Certified Anesthesiologist Assistant ft. Mark Leonard, CAAS3 E36 [PROCESS] Lindsey Diaz, CAA on fear, anger and her right to practice in New MexicoS3 E35 [PROCESS] The Stars Align in Nevada ft. CAAs Stephanie Zunini, Jada Wabanimkee and Joey ParrishS4 E56 [PROCESS] Breaking Barriers in The Evergreen State ft. Sarah Brown, CAAStates Can CAA's Work @anesthesiasalASA statement on medical direction vs. supervisionASA statement on anesthesia care teamAAAA statement on licensure vs. delegatory authorityMichigan's delegatory authority statuteYou can now text me! Questions/SuggestionsI want to learn more about CAA Matters.CAA Matters is the 1st comprehensive wellness curriculum for 1st year AA students. I designed CAA Matters to be flexible, relevant, and seamlessly integrated into an already packed first year schedule so you don't have to compromise. CAA Matters is now enrolling for the '25/'26 Academic year.Want more? Stay in the know by subscribing to the Awakened Anesthetist Newsletter- more resources, exclusive content and ways to connect. Interested in practicing mindfulness with this CAA community? Receive your Free 30 min Webinar Introduction to Mindfulness for CAAs Join Mindful Connections 1 session/mo during Season 4 of Awakened Anesthetist Podcast (October 2024-March 2025) FREE to join + NO ongoing commitment. Let's Chat! Contact me:awakenedanesthetist@gmail.comIG @awakenedanesthetist

Among foreign policy issues, how the United States should approach its relationship with Europe might be the one on which presidential candidates Donald Trump and Kamala Harris disagree most. To find out why, hear Nathalie Tocci, the director of Rome's Istituto Affari Internazionali, and Mark Leonard, the director of the European Council on Foreign Relations, on the second episode of FP Live's special election series. Suggested reading (FP links are paywall-free): A. Wess Mitchell and Jakub Grygiel: U.S. Strategy Should Be Europe First, Then Asia Hal Brands: Trump's Return Would Transform Europe FP Contributors: Europe Alone Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Pekingology, Freeman Chair in China Studies Jude Blanchette is joined by Mark Leonard, co-founder and director of the European Council on Foreign Relations. He is also the Henry A Kissinger chair in foreign policy and international relations at the US Library of Congress, Washington DC. They discuss his recently co-authored book The Idea of China: Chinese Thinkers on Power, Progress, and People. (European Council on Foreign Relations, 2024)

There are many writings by Western scholars on Chinese foreign as well as domestic policy. Yet few have ventured to analyze the internal intellectual debates in China that, either partly or significantly, shape Chinese policymaking. A recent book from the European Council on Foreign Relations titled The Idea of China: Chinese Thinkers on Power, Progress, and People, intends to fill that gap. Written by Alicja Bachulska, Mark Leonard, and Janka Oertel, the book presents some of the leading Chinese perspectives on a range of contemporary global as well as domestic issues. To help us further understand Chinese thinking and its significance, host Bonnie Glaser is joined by Alicja Bachulska, one of the co-authors of the book and a policy fellow at the European Council on Foreign Relations. Timestamps[01:22] Significance of Intellectual Debates in China[04:31] Gauging the Candor of Interview Responses[06:35] Who are the China solutionists? [08:25] Examining the “Great Changes” Taking Place[11:52] Strengthening China's Discourse Power[15:22] Where is China successfully shaping narratives?[18:05] China on the Defense or Offense[22:36] Rising East, Declining West[28:49] Responding to Chinese Discourse in the Global South 

Matt Cohen welcomes back John Ruffolo of Maverix Private Equity, focusing on a variety of topics, including predictions for the next Canadian election, reflections on the 2023 conference season, and the impact of long-term value creation in Canadian business. They also discuss PitchBook's 2024 university rankings and their implications for Canadian education and entrepreneurship. Additionally, they explore trends in private equity and leveraged buyouts, the impact of interest rates on these markets, and the future of long-term capital in Canada.In this episode, we discuss:* (00:21) The busy conference season including Maverix's off-the-record Leadership Summit* (02:00) Reflections on Mark Leonard's strategic growth and long-term value creation.* (04:47) Discussion on Andre De Grasse and his transition into investing.* (06:00) Analysis of PitchBook's 2024 university rankings and Canada's showing.* (11:15) The shift from leveraged buyouts to minority buyouts in private equity.* (16:57) OMERS Ventures and the consolidation of its private capital group.* (20:04) The recent U.S. election debate and its entertainment value.Follow Matt Cohen and Tank Talks here!Podcast production support provided by Agentbee.ai This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

Nebraska Public Media is searching the country for a new General Manager/CEO. Mark Leonard announced in December he is retiring after more than 10 years here. Nebraska Public Media's Dale Johnson sat down with Mr. Leonard to talk about his career and the status of public media.

Today, we cover the industrial conglomerate AMETEK. This is one of eight companies that Mark Leonard and his team at Constellation Software studied as they built their own empire. And it's one well worthy of a discussion as you'll hear.  To break down AMETEK, I'm joined by Nael Fakhry, Co-CIO of the Osterweis Capital Management Growth and Income Strategy. Nael has spent a significant amount of time around AMETEK from the early 2000s until today. Please enjoy this breakdown on AMETEK. Listen to Mitch Rales talk about Danaher on Art of Investing. Interested in hiring from the Colossus Community? Click here. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Public: Invest in stocks, bonds, options, crypto, and more in one place. A High-Yield Cash Account is a secondary brokerage account with Public Investing, member FINRA/SIPC. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. US only. Learn more at public.com/disclosures/high-yield-account. This episode is brought to you by Tegus, the only investment research platform built for the investor. With traditional research vendors, the diligence process is slow, fragmented, and expensive. That leaves investors competing on how well they can aggregate data — not on their unique ability to analyze insights and make great investment decisions. Tegus offers an end-to-end platform with all the data you need to get up to speed on a company or market: up-to-the-minute financials, customizable models, management and culture checks, and, of course, our vast and growing library of expert call transcripts. Tegus is changing the world of expert research. Learn more and get your free trial at tegus.com/patrick. ----- Business Breakdowns is a property of Colossus, LLC. For more episodes of Business Breakdowns, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @JoinColossus | @patrick_oshag | @zbfuss | @ReustleMatt | @domcooke Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Partners (00:01:40) Welcome to Business Breakdowns (00:03:52) An Overview of Ametek (00:05:17) Ametek's Diverse Product Range  (00:12:09) Ametek's history: From Bankruptcy to Industrial Dominance (00:21:22) Ametek's Growth Model: Innovation, Acquisitions, and Global Expansion (00:26:23) Understanding Ametek's Finances (00:30:37) Exploring Revenue Growth and Margin Expansion (00:31:10) Incremental Margins and Cyclical Nature of the Business (00:32:07) Operational Excellence (00:34:35) Decentralized Approach (00:36:21) The Role of Acquisitions (00:37:33) Challenges and Risks (00:39:45) Capital Allocation (00:46:55) Evaluating Cyclical Business Performance and Resilience (00:49:27) Dividend Policy (00:50:44) Valuation and Growth Sustainability (00:54:41) Key Lessons Learn more about your ad choices. Visit megaphone.fm/adchoices

Our teachers today are Daniel Eisen and Paul Yancich, co-founders of Arcadea Group. Arcadea is a private market, long-duration investor building a permanent home for high-quality, vertical market software companies.  Today, we sit down with an example of next-generation talent in Daniel and Paul, who began Arcadea after having the rare opportunity to learn and sit at the feet of Mark Leonard and the remarkable core team of Constellation Software. In this session, we learn about the attractive opportunity in vertical market software and the structural advantages of pursuing this particular opportunity with permanent capital. They've built Arcadea in a way that both honors their past while successfully layering on their own unique ethos. Please enjoy our class with the impressive and inspiring Daniel Eisen and Paul Yancich. For the full show notes, transcript, and links to mentioned content, check out the episode page here. ----- This episode is brought to you by Summus. Summus is a revolutionary health benefits solution, driving superior employee engagement while dramatically lowering your company's enterprise-level healthcare spend. They're completely transforming the world of health benefits by providing employers and their employees in any location, fast access to over 5,100 of the top medical specialists from America's very best medical centers for support across all health questions. If you're looking for a benefit that drives your employee engagement, truly takes care of your people in their most scary and vulnerable times, all while improving your healthcare ROI, visit GoSummus.info/AOI. This episode is brought to you by Hunt Club. Hunt Club unlocks relationships and helps companies grow. Whether it's recruiting your next hire, landing your next big partner, or financing your business, a trusted introduction always works more effectively. Hunt Club's tech-enabled search model leverages the largest community of its kind to refer amazing talent on your behalf. Additionally, its software program, Atlas, helps organize the entire network of a company or fund and assists in streamlining the right introductions. If you're looking for the ideal solution for all of your talent needs, visit HuntClub.com/AOI. ----- Art of Investing is a property of Pine Grove Studios in collaboration with Colossus, LLC. For more episodes of Art of Investing, visit joincolossus.com/episodes.  Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ArtofInvest | @Buhrman_Rick | @PaulBuser | @JoinColossus Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Show Notes (00:00:00) Welcome to the Art of Investing (00:04:19) First Question - The Success of Constellation Software (00:14:58) The Role of Incentives in Business Success (00:18:37) Paul's Personal Background and Career Path (00:21:48) The Journey to Success: Overcoming Obstacles (00:25:35) The Importance of Operating Roles in Business (00:29:41) Breaking into Finance with a Religious Studies Major (00:33:22) Working with Mark Leonard (00:40:10) The Birth of Arcadea (00:43:11) Influences On the Vision For Arcadea (00:44:19) The Concept of Renter vs Owner in Business (00:44:59) The Influence of 'The Hard Thing About Hard Things' (00:47:58) The Decision to Start Arcadea and the Importance of Partnership (00:55:52) The Structure of Arcadea as a Company, Not a Fund (01:01:29) The Importance of Long-Term Ownership and Growth Orientation (01:06:16) Reflecting on the Early Years of Arcadea (01:12:01) Positioning Against Venture-Backed Companies (01:17:22) Building a Shareholder Base (01:30:49) The Future of Vertical Software

Clay Finck reviews the 28 psychology of human misjudgments in Peter Bevelin's book, Seeking Wisdom. One of the best ways to behave more rationally is to understanding our own shortcomings biologically which we are oftentimes unaware of. This episode dives deep into these shortcomings, and how we can sidestep them to invest more wisely.IN THIS EPISODE YOU'LL LEARN:0:00 - Intro4:11 - Many of the human misjudgments that Charlie Munger has spoken about extensively.4:34 - What bias by mere association is.8:41 - How rewards and punishments influence our behavior.14:51- How self-interest and incentives drive decision-making.24:40 - The bias of self-deception and denial.26:00 - The bias of being consistent with our prior actions.30:11 - The status quo bias.31:42 - How investors can exploit the tendency of humans to be incredibly impatient.36:58 - The anchoring bias.43:51 - What reciprocity is, and it's effects on human behavior.48:29 - The bias of social proof.51:01 - How authority bias effects our investment decisions.51:53 - How to combat our desire minimize uncertainty.55:07 - Why the simple solution is oftentimes the best solution. Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out our TIP Mastermind Community.Peter Bevelin's book: Seeking WisdomTune into our previous episode with Gautam Baid or watch the video here.Tune into our previous episode covering Chris Mayer's book, How Do You Know? or watch the video here.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSInvest in Bitcoin with confidence on River. It's the most secure way to buy Bitcoin with 100% full reserve custody and zero fees on recurring orders.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Experience real language learning for real conversations with Babbel. Get 55% off your Babbel subscription today.Reach the world's largest audience with Linkedin, the place to B2B. Plus, enjoy a $100 credit on your next ad campaign!Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite's popular KPI Checklist, designed to give you consistently excellent performance for free.Send, spend, and receive money around the world easily with Wise.Beat FOMO and move faster than the market with AlphaSense.Choose Toyota for your next vehicle - SUVs that are known for their reliability and longevity, making them a great investment. Plus, Toyotas now have more advanced technology than ever before, maximizing that investment with a comfortable and connected drive.Be confident that you'll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Start, run, and grow your business without the struggle. Be in control of every sales channel with Shopify. Sign up for a $1 per month trial period today.Return to the all-access world of the rich and powerful. Don't miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Look good and feel good with True Classic's range of summer essentials, crafted with premium quality fabrics at an accessible price. Get 25% off today with the code WSB.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode, Clay Finck presents his favorite clips from the 2023 Berkshire Hathaway annual shareholder meeting, featuring insightful responses from Buffett and Munger during the marathon Q&A session, along with his own thoughts on their answers.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.05:30 - Buffett and Munger's thoughts on the commercial real estate.09:37 - Why value investors must evolve to the increasingly competitive world of investing.17:36 - How Buffett allocates capital to balance profits versus building out a competitive moat.33:04 - Munger's stance on position sizing.38:16 - Buffett's updated thoughts on Taiwan Semiconductor which is a business Berkshire entered and fully exited over a matter of months.40:09 - Buffett's thoughts on the US Dollar's status as the world's reserve currency.54:40 - Common mistakes to avoid to live a good life.01:01:21 - Buffett and Munger's most recent thoughts on Occidental.01:12:23 - How Berkshire can continue to attract high quality subsidiary managers.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out the full video of the Berkshire Hathaway meeting here.Join our newly released TIP Mastermind Community.Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSIf you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital‘s Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Have peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Beat FOMO and move faster than the market with AlphaSense.Send, spend, and receive money around the world easily with Wise.Join over 5k investors in the data security revolution with Atakama.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Unravel the fascinating story of Elon Musk's unexpected bid to buy Twitter, and all of the drama that has happened since then with Flipping The Bird: Elon vs. Twitter.Invest your retirement savings in what YOU know and are passionate about with a Self-Directed IRA with New Direction Trust Company.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's show, Stig Brodersen talks with legend investor Mohnish Pabrai. In the interview, Mohnish Pabrai generously shares his investment framework and touches on various stocks, including Alibaba, Constellation Software, Reysas Logistics, and Shinoken. Disclaimer: Stig Brodersen is invested in Pabrai Funds. IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.01:35 - How to stay objective when you get advice from someone you admire and like04:56 - Why the Turkey stock market is attractive10:05 - Mohnish Pabrai's four steps to read annual reports27:22 - What happened to Shinoken, one of Mohnish Pabrai's previous holdings40:56 - Mohnish Pabrai's thoughts on Constellation Software and Mark Leonard49:44 - Mohnish Pabrai's thoughts on Alibaba 54:48 - How to live a truthful lifeDisclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESMohnish Pabrai's websiteLearn more about Mohnish Pabrai's Dakshana FoundationListen to our interview with Mohnish Pabrai about investing in stocks or watch the video.Tune into our interview with Mohnish Pabrai about value investing and philanthropy or watch the video.Listen to our interview with Mohnish Pabrai about value investing or watch the video.Tune into our interview with Mohnish Pabrai about value investing in 2021 or watch the video.Listen to our interview with William Green about Mohnish Pabrai or watch the video.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Join over 5k investors in the data security revolution with Atakama.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Invest your retirement savings in what YOU know and are passionate about with a Self-Directed IRA with New Direction Trust Company.Unravel the fascinating story of Elon Musk's unexpected bid to buy Twitter, and all of the drama that has happened since then with Flipping The Bird: Elon vs. Twitter.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay Finck does analysis on two high-quality compounders – Topicus.com and Copart. Topicus.com is a spin off of Constellation Software and is at a size similar to what CSI was back in 2010. They provide vertical market software and vertical market platforms in Europe. Copart provides online auctions and vehicle remarketing services in the United States, Canada, and many other countries.Both companies have strong competitive advantages, strong fundamentals, high insider ownership, and managers who think and act like owners, which led Clay to researching them further during this episode.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.02:05 - Clay's biggest takeaways from reading 100 Baggers by Chris Mayer.07:00 - Chuck Akre's 3 legged stool approach to compounding wealth.09:00 - Clay's assessment of Topicus as an individual stock.08:00 - Topicus's history as a business.10:00 - Why Topicus operating in Europe is potentially a big competitive advantage.29:00 - Why Copart is well-positioned to prevent competition from taking their market share.47:00 - Copart's insider ownership.54:00 - Potential risks for Topicus and Copart.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESLuxor Capital's Presentation.Willis Johnson's book Junk to Gold.Check out our newly released TIP Mastermind Community.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Join over 5k investors in the data security revolution with Atakama.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Invest your retirement savings in what YOU know and are passionate about with a Self-Directed IRA with New Direction Trust Company.Unravel the fascinating story of Elon Musk's unexpected bid to buy Twitter, and all of the drama that has happened since then with Flipping The Bird: Elon vs. Twitter.Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay wraps up his review of Gautam Baid's book, The Joys of Compounding. Today's episode is part 5 and the final episode of our review of this incredible book. This episode is jam packed with investing wisdom that you won't want to miss.Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.03:02 - Why we should read more history and study fewer forecasts.12:05 - Why “Don't Fight the Fed” is a misguided investment strategy.22:15 - Why the ability to change our mind as investors is more critical now than ever before.28:37 - What base rates are and why Buffett loves companies with high base rates.32:32 - Gautam's wisdom related to opportunity costs.39:11 - How Nick Sleep, Charlie Munger, Warren Buffett have become masters of pattern recognition and better investors because of it.56:34 - Why value investors should generally avoid stop loss orders on long-term secular winners.62:48 - What the real secret is to utilizing the power of compounding.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin our newly released TIP Mastermind Community.Check out The Joys of Compounding.Tune into our previous episodes covering The Joys of Compounding: Part 1, Part 2, Part 3, & Part 4 or watch the videos here, here , here and here.Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSIf you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Have peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Capitalize on the rapidly growing cybersecurity market today with Atakama.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Get yourself a Blockstream Jade -- An all-in-one, bitcoin-only hardware wallet that makes protecting your bitcoin so easy. Use the coupon code Fundamentals to get 10% off.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Hire expert marketers, on-demand, with MarketerHire. Listeners get a $1,000 credit for first-time customers when you use code WSB.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay continues his review of Gautam Baid's book, The Joys of Compounding. Today's episode is part 4 of our review of this incredible book.Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro.05:51 - What the holy grail of long-term value investing is.07:55 - Why Gautam prefers to invest in high quality businesses.10:26 - Why a company's longevity of growth is much more important than its rate of growth.15:44 - Why Gautam is bullish on India.37:26 - Ways in which we can capitalize on inefficiencies in the markets.45:38 - How Gautam thinks about portfolio management and position sizing.54:20 - Why it's so important we emphasize the preservation of our capital and avoiding ruin.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESJoin our newly released TIP Mastermind Community.Check out The Joys of Compounding.Tune into our previous episodes covering The Joys of Compounding: Part 1, Part 2 & Part 3. Watch the videos here, here and here.Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSBeat FOMO and move faster than the market with AlphaSense.Have peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Capitalize on the rapidly growing cybersecurity market today with Atakama.Have Commonwealth Private‘s Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Get yourself a Blockstream Jade — An all-in-one, bitcoin-only hardware wallet that makes protecting your bitcoin so easy. Use the coupon code Fundamentals to get 10% off.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.Hire expert marketers, on-demand, with MarketerHire. Listeners get a $1,000 credit for first-time customers when you use code WSB.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay continues his review of Gautam Baid's book, The Joys of Compounding. Today's episode is part 3 of our review of this incredible book.Gautam Baid is the Managing Partner and Fund Manager of Stellar Wealth Partners India Fund, a Delaware-based investment partnership which is available to accredited investors in the US. The fund is modeled after the Buffett Partnership fee structure and invests in listed Indian equities with a long-term, fundamental, and value-oriented approach.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro02:15 - How journaling can make us better investors.07:00 - Why incentives are at the root of all human behavior.09:22 - How management incentives impact our long-term returns as investors in businesses.18:15 - Why being directionally right is more important than being precise in assessing the intrinsic value of a business.25:37 - How maintenance capex impacts the value of a business.32:14 - Ways in which value investors fall for value traps.32:45 - Why we as investors should respect the market's wisdom for pricing stocks.35:09 - The three most important words of investing.41:25 - How high-quality businesses enhance our margin of safety.47:55 - How one commodity investment catapulted Gautam to nearly achieving financial independence.53:36 - Why Seth Klarman, Peter Lynch, and Joel Greenblatt consider spinoffs to be ripe hunting grounds for investors.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESCheck out The Joys of Compounding.Tune into our previous episodes covering The Joys of Compounding: Part 1 & Part 2. Watch the videos here and here.Check out our recent episode covering Mark Leonard's Letter's and Constellation Software. Watch the video here.Check out Clay's YouTube video calculating the intrinsic value of Constellation Software here.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get the professional support you need to prepare for your future career with UBC Sauder School of Business.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Send, spend, and receive money around the world easily with Wise.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.If you're into marketing podcasts that walk through how successful entrepreneurs, politicians, and influencers have convinced and persuaded people, then you should give Nudge, hosted by Phil Agnew, a listen!Get an overall better student loan experience with College Ave. Plus, get a chance to win a $1,000 college scholarship. No purchase is required.Hire expert marketers, on-demand, with MarketerHire. Listeners get a $1,000 credit for first-time customers when you use code WSB.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Support our free podcast by supporting our sponsors.Disclosure: The Investor's Podcast Network is an Amazon Associate. We may earn commission from qualifying purchases made through our affiliate links.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's episode, Clay sits down with Chris Mayer to discuss the lessons from his book - 100 Baggers. Chris is the author of 100 Baggers, and the portfolio manager of Woodlock House Family Capital. Chris's book was published in 2018, and has quickly become a favorite within the investing community. The book very clearly explains the ingredients needed for a stock to compound and grow to 100 Bagger status, which we discuss during this episode.IN THIS EPISODE YOU'LL LEARN:00:00 - Intro04:16 - The primary characteristics of companies that reached 100 Bagger status.07:08 - How Chris views valuation when purchasing high-quality companies.09:51 - How Chris assesses the durability of a moat.18:15 - Why stocks are one of the best long-term protections against calamity and chaos.44:27 - Why Chris prefers to own companies with management teams that own substantial portions of the company's stock.35:13 - Why Chris chose to concentrate his fund into only 10 holdings.37:04 - Chris's assessment of Constellation Software and why it's one of his favorite holdings.Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.BOOKS AND RESOURCESTune into our previous episode covering The Joys of Compounding or watch the video.Check out our recent episode covering Mark Leonard's Letters and Constellation Software or watch the video.Chris's fund: Woodlock House Family Capital.Chris Mayer's book: 100 Baggers.Thomas Phelps' book: 100 to 1 in the Stock Market.Barton Biggs' book: War, Wealth & Wisdom.Follow Chris on Twitter.Follow Clay on Twitter.NEW TO THE SHOW?Check out our We Study Billionaires Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Learn how to better start, manage, and grow your business with the best business podcasts. P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSHave peace of mind knowing River holds Bitcoin in multi-sig cold storage with 100% full reserves.If you're aware you need to improve your bitcoin security but have been putting it off, Unchained Capital's Concierge Onboarding is a simple way to get started—sooner rather than later. Book your onboarding today and at checkout, get $50 off with the promo code FUNDAMENTALS.Get the professional support you need to prepare for your future career with UBC Sauder School of Business.Make connections, gain knowledge, and uplift your governance CV by becoming a member of the AICD today.Easily diversify beyond stocks and bonds, and build wealth through streamlined CRE investing with EquityMultiple.Get yourself a Blockstream Jade -- An all-in-one, bitcoin-only hardware wallet that makes protecting your bitcoin so easy. Use the coupon code Fundamentals to get 10% off.What does happen when money and big feelings mix? Tune in to find out on the new podcast, Open Money, presented by Servus Credit Union.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Have Commonwealth Private's Private Bankers take the time to understand your goals and tailor solutions that create less for you to do and more for you to enjoy.Send, spend, and receive money around the world easily with Wise.Discover the leading community for engaged investors, and the best source of investment analysis and opinion with Seeking Alpha. Listeners get a special deal: Alpha Picks for $99 + 1 month of FREE Seeking Alpha Premium!Support our free podcast by supporting our sponsors.HELP US OUT!Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.