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Coming up on todays episode of Suspension of the Rules: Trump gets revenge on the Indiana GOP, we talk about Kmele and billionaires and CNN with Abby Phillip, and then a long conversation about ChatGPT's fact checking of Isaac's article on Friday which was titled "The everything, everywhere, all at once corruption story". Last but not least, a very good grievance section where Kmele actually knocks it out of the park. It's a very good one!Corruption in the Trump administration?“After reviewing the evidence of the first 15 months of President Trump's second term, I believe the president is profiting off the office and making foreign policy decisions based on business interests to a level we've never seen or even conceived of before, and apparently nothing is being done to stop it.”Gold phones, Qatari planes, Syrian golf courses, cryptocurrency schemes, ballroom donations. Market moves, board seats, lawsuits dropped, lawsuits threatened. Pardons, prosecutions, profits, profits, profits… This past Friday, Executive Editor Isaac Saul waded through all of it in a thorough exploration of the charges of corruption against President Donald Trump.In case you missed it, you can read the piece here. We've also decided to make this Friday edition open to everyone, so please share it with anyone you think would be interested!Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was hosted by: Isaac Saul and audio edited and mixed by Dewey Thomas. Music for the podcast was produced by Jon Lall.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.
In this episode, we are joined by Elroy Dimson, Professor of Finance at Cambridge Judge Business School and co-creator of the Dimson-Marsh-Staunton (DMS) dataset, for a sweeping and deeply insightful conversation on financial history, market behavior, and the evolution of global investing. Elroy walks us through the origins of the groundbreaking Triumph of the Optimists, the challenges of assembling over 100 years of global return data, and the critical biases that once shaped our understanding of markets. We explore how expanding beyond U.S.-centric data reshaped expectations for the equity risk premium, why economic growth doesn't necessarily translate into higher stock returns, and what history reveals about diversification, factor investing, and investor behavior. Elroy also shares lessons from his work with major institutions like Norway's sovereign wealth fund, discusses the surprising long-term outperformance of railways, and offers a grounded perspective on future expected returns. This episode is a masterclass in using history to inform better financial decisions. Key Points From This Episode: (0:04:00) Introduction to Elroy Dimson and the significance of the DMS dataset. (0:05:07) Why understanding financial history is essential for thinking about the future. (0:05:24) The origin story of Triumph of the Optimists and assembling global return data. (0:09:06) How long-term datasets are built from academic and commercial sources. (0:11:33) Survivorship bias in historical indices and why it matters. (0:13:35) "Easy data bias" and how it leads to overstated historical returns. (0:15:32) Accounting for failed markets and geopolitical disruptions in global data. (0:18:33) How global data changed expectations for the equity risk premium. (0:21:09) Why 20th-century equity returns were a "pleasant surprise." (0:22:17) U.S. market dominance and the challenge of extrapolating its success. (0:24:11) Market composition in 1900 and the dominance of railway stocks. (0:25:52) Why railways outperformed despite shrinking market share. (0:29:03) The surprising disconnect between economic growth and stock returns. (0:31:28) Why investing in recovering markets requires extreme patience and conviction. (0:33:32) Value investing: historical success and recent struggles. (0:35:00) Why economic growth benefits many—but not necessarily stock investors. (0:35:59) The long-term benefits of global diversification. (0:40:01) Why diversification reduces risk—but doesn't create returns for everyone. (0:42:29) Explaining persistent home country bias among investors. (0:47:46) Industry diversification becoming more important over time. (0:49:50) The rise and evolution of size, value, and momentum factors. (0:54:17) Why factor premiums should be monitored—not blindly followed. (0:57:27) The equity risk premium: why it's crucial—and uncertain. (1:00:15) A realistic estimate: ~3% equity risk premium going forward. (1:02:33) Translating that into ~5% real expected equity returns. (1:05:10) Staying optimistic: invest long-term and live modestly. (1:05:58) The risk of pessimism: losing purchasing power in safe assets. (1:08:06) The evolving role of bonds as diversifiers. (1:09:55) Why market timing is a losing strategy. (1:11:00) Elroy's definition of success: happy children and grandchildren. Links From Today's Episode: Meet with PWL Capital: https://calendly.com/d/3vm-t2j-h3p Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on YouTube — https://www.youtube.com/channel/ Benjamin Felix — https://pwlcapital.com/our-team/ Benjamin on X — https://x.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Benjamin Warwick on LinkedIn - https://www.linkedin.com/in/braden-warwick-a40b48a3 Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com)
Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking (Kindle)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).
BE HARD TO CONVICT if you're ever compelled to use force in defense of yourself, your family, or your property! FREE WEBINAR! Saturday, April 25! FREE but you MUST REGISTER NOW: hardtoconvict.comAll @TheBrancaShow mugs! https://tinyurl.com/k778wj2kJOIN OUR COMMUNITY! Exclusive Members-only content & perks! Only ~17 cents/day! $5/month! YouTube: https://tinyurl.com/hn32rfz9 Locals: https://tinyurl.com/yck4w9kfFOUNDING FATHERS SPEED DIAL: Founding Fathers SPEED DIAL: https://tinyurl.com/3f7pc8nzTODAY's MEMBERS-ONLY SHOW: “GOP Votes to Extend Haitian TPS & Mullin Favors Migrants!”YouTube: https://youtube.com/live/Cet6pRu5dN4Locals: https://tinyurl.com/mtk48y4sThe great and powerful President Trump has just announced that the “Strait of Iran” is “fully open and ready for full passage”! Iran has bent the knee to America!Oil prices are plummeting! Market values are souring!Join me LIVE at 11 AM ET as I break it all down!Episode #1292.
In this solo master's class episode of the Smart Real Estate Coach Podcast, I want to talk straight with you about why creative financing is absolutely thriving in this market and why I believe so many investors will look back a few years from now and wish they had leaned in harder. A lot of people keep saying this feels like 2008 all over again. It does not. The stats are different, the problems are different, and because of that, the opportunity is different too. Today's market is not primarily distress-driven. It is structure-driven. Sellers are stuck with low-rate mortgages they do not want to give up, buyers are stuck with payments they cannot comfortably afford, and right in the middle of that gap is where creative real estate shines. I break down why the current market favors terms more than ever, why rent-to-own is becoming even more attractive, why debt-free homes and strong equity levels make this market fundamentally different from the 2008 crash, and how smart investors can use all of that to create quality income instead of staying trapped on the transactional treadmill. I also walk through what I mean by quality versus quantity of income, using a real example of how just one year of three-payday deals can create long-term, staggered income that changes the way you live and invest. If you want to stop waiting on the market to "get better" and start understanding how to structure deals that work right now, this episode is for you. Key Talking Points of the Episode 00:00 Introduction 01:14 What makes this market different from 2008 02:22 The impact of AI and job security on real estate 03:03 Understanding the changing demographics of first-time home buyers 04:22 Why creative financing is a necessity today 05:31 Creative financing strategies: Seller financing, lease purchases, sub-to deals 06:15 Market differences: Equity and lending stability 08:21 Using creative financing as a strategic edge in today's market 09:00 Structure-driven vs. distress-driven markets 10:56 Solving seller problems through terms 12:30 Quality of income vs. quantity of income 13:43 12-month case study: Results and staggered income 15:33 Applying strategies to various asset classes 17:42 Streamlining with Propsperity.io Quotables "When you control the terms, you control the deal." "The opportunity isn't in the cheaper money. It's in a better, smarter, long-term structure." "You're not just looking to buy houses. You're asking what problem can you solve." Links 3 Paydays® Live https://3paydayslive.com/podcast Free Discovery Call https://smartrealestatecoachpodcast.com/discovery 3 Paydays® System Mastery Course - Use coupon code for 50% off https://smartrealestatecoach.com/qls Coupon code: pod Apprentice Program 3PaydaysApprentice.com/Podcast Masterclass https://smartrealestatecoach.com/masterspodcast 3 Paydays Books https://3paydaysbooks.com/podcast Partners https://smartrealestatecoach.com/podcastresources
In this episode of The Jimmy Rex Show, Jimmy sits down with real estate investor and author Brian Pitcher to break down how to win in today's shifting real estate market. With affordability challenges, low inventory, and changing dynamics, Brian shares what investors and agents need to understand to stay ahead.They discuss market trends, seller financing, identifying overlooked opportunities, and the importance of adapting when the game changes. If you want to navigate today's market with clarity and confidence, this episode gives you a practical framework to do it.Connect with Brian Pitcher at brianpitcher.com.
Watch the 'No Selling' Sales System to Scale to $1M (aka the Hidden Sales System that Drives Daily Sales) → https://www.youtube.com/watch?v=pE9J0Kmq4Dg&t=143s (...before it comes down & I repackage it as a paid program) __ If your business still requires you to sell, it's not built right. But when you build your business on a SALES-CENTRIC BUSINESS MODEL, your business becomes the sales engine that drives daily sales, calling in premium clients so you stack MRR effortlessly.
Scott Wapner and the Investment Committee debate the surge in stocks as hopes for an Iran deal grows. They detail their next steps. Plus, the Committee share their latest portfolio moves. And later, Josh Brown calls in with an update on Flex in his "Best Stocks in the Market." Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
So, "chalant" isn't a real word, but it's the only way to describe the big, bold energy we're talking about today. We are over the "too cool to care" vibe, and we're here to help you trade that boring indifference for a life lived at full volume. This episode is all about living your truth and "living large," even if that means being the most enthusiastic person in the room. We're diving into why being unbothered is overrated and how showing up with massive, messy heart is the ultimate gift. So, stop playing it safe and start being chalant with us—because these are the good days, and they deserve your wildest "yes!"THE SHOW NOTESThanks for being a part of our podcast community! You can follow Lee Ann and Matt on Instagram to keep up with happenings in between episodes. Click the link in their name to follow!We would absolutely LOVE to see you at our next Live Podcast Event! We are giving away amazing things from our favorite brands, and one lucky attendee can take home a beautiful mixer or a shopping spree at Walnut Creek Cheese! All the details can be found here at our Eventbrite page!If you've been around the podcast for any length of time, and you're in our podcast community, we would love for you to join us on our Patreon. Patreon is where you go to support us, get more TAGD content, download exclusive episodes and recipes, and get behind the scenes looks at what's going on with Lee Ann and Matt. Thanks for joining us!If you know anything about us at all, you know a good cup of coffee is important to us - especially “frothy coffee.” Click here to grab some of our These Are Good Days blend coffee - we created this blend and couldn't love it more!Thank you to our sponsor Walnut Creek Foods and Walnut Creek Cheese and Market. Walnut Creek Foods creates products that are carried in stores all over the United States. Click here to see where you can locate a store near you that carry their incredible products. If getting packages on your doorstep is more your speed, click here to see all the Walnut Creek Cheese and Market products that can be shipped right to your door!This episode was also sponsored by Creative Quo, a marketing firm in Millersburg, OH. We are working on new branding, a new website, and some new creative ways to elevate our podcast using their proven marketing strategies. If you need a second set of eyes on your business or brand, Creative Quo is where to go!
New DraftKings customers Play just $5 on your first pick set and get $50 in Bonus Picks. Sign up using https://dkng.co/enjoy or through promo code ENJOY On this episode of 'Numbers On The Board' - Kenny, Pierre, Mike and Darrick rank the best stories of round 2. Don't forget to LIKE and subscribe, we drop new episodes four times a week! 0:00 - Intro/NOTB Live Show 16:58 - Drop The Mike 21:00 - Around The League 41:30 - 76ers Vs Knicks Recap 49:50 - Timberwolves Vs Spurs Recap 01:01:30 - Lakers Vs OKC Preview 01:06:30 - Cavs Vs Pistons Preview 01:12:50 - What’s Jaylen Brown’s Market? 01:32:15 - Unplugged 01:53:20 - DraftKings Pick 6 Gambling Problem? Call 1-800-GAMBLER. Help is available for problem gambling. Call (888) 789-7777 or visit https://ccpg.org (CT). 18+ (19+ AL/NE, 21+ AZ/MA/VA). Must be physically present where required by state law, see https://dkng.co/pick6states. Void in NY, ONT, and where prohibited. Eligibility restrictions apply. For entertainment purposes only. Winning a contest on DraftKings depends on knowledge and exercise of skill. 1 per new DraftKings customer. First $5+ paid Pick Set to receive max. $50 issued as 5 $10 Bonus Picks. Bonus Picks are single-use, non-withdrawable, and expire in 14 days (336 hours). Ends 6/19/26 at 11:59 PM ET. Terms: https://pick6.draftkings.com/promos #NumbersOnTheBoard #NBA #Basketball #Hoops #NBAStats #NBAHistory #NBADebate #StatLine NBARankings #AllTime #GOAT #kot4q #kennybeecham #nbaplayoffs #nbafinalsSee omnystudio.com/listener for privacy information.
Hitch a ride with Shitz and Giggles this weel as we talk about trends from the High Point furniture Market and probably unintentionally offend some peeps. It's all in good fun though! Don't forget to join our online community at WhosDrivingPodcast.com Join the conversation by calling their hotline at 864-982-5029 with your own stories or topic suggestions, and experience the authentic charm of two best friends who truly never know who's driving or where they're headed.Look For The Water Bottle! Tap Here For Hidrate Spark water bottle.Visit www.WesleyTurnerLiving.com to find so much more about all the things we do! Follow Steven on Instagram at @Keepinupwithstevenand follow Wesley on Instagram at @WesleyTurnerLiving. Shop our online store at TheNestedFig.Com Find The Nested Fig on Instagram at @TheNestedFig We mentioned The Nested Fig App in this episode. You can Tap Here to get our app and join our live sales
Scott Wapner and the Investment Committee debate how to navigate the market as strong earnings push stocks higher. Plsu, Josh Brown spotlights eBay and Casey's in his "Best Stocks in the Market." And later, the desk share their latest portfolio moves. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
266: In this episode, I sit down with Travis King to break down what's really going on in today's land investing market.(Show Notes: REtipster.com/266)A lot of investors are doing the work, sending mail, generating leads, and talking to sellers, but they still aren't seeing results. So what's actually broken? Is it the market, the marketing, or something deeper?We dig into the biggest challenges land investors are facing right now, including market selection, lead quality, deal structure, and why dispositions have become the hardest part of the business.We also talk about what's working today, from value-add strategies like subdividing to assignment deals, and how investors can adapt to a slower, more competitive market.If you've been feeling stuck or wondering why your land deals aren't closing, this conversation will help you diagnose the problem and adjust your approach.
Join the WAWD Substack: https://whatarewedoingonthedesk.substack.com/ Guy Adami and Danny Moses open with a brief New York Giants aside before turning to markets, focusing on Jerome Powell's final Fed press conference as Chair, his plan to remain a governor, and expectations that Kevin Warsh will become Fed Chair as the administration seeks more influence over the Board. They discuss how markets have stayed resilient despite $100 oil, rising global yields, a weakening yen with Japan intervention near 160, geopolitical stress, and a subdued VIX, attributing much of the strength to passive flows and forced institutional chasing. Moses flags inflation beginning to filter through via price hikes and warns the consumer may eventually feel higher energy costs. They debate energy stocks' durability even if crude eases, remain constructive on gold amid fiscal/geopolitical risks, note elevated valuation signals like the Buffett indicator, and address concerns about “fantasy math” in AI, citing OpenAI CFO Sarah Friar's tempered adoption comments and cautioning retail on private-market secondaries. —FOLLOW USYouTube: @RiskReversalMediaInstagram: @riskreversalmediaTwitter: @RiskReversalLinkedIn: RiskReversal Media
Ordinary Guys Extraordinary Wealth: Real Estate Investing and Passive Income Tactics
In this REI Only episode of The FasterFreedom Show, Sam breaks down why cash flow shouldn't be your primary focus when investing in real estate—especially in today's market. He explains how cash flow is not as consistent or achievable as it once was, and why chasing it too aggressively can cause investors to overlook stronger opportunities. Instead, Sam shifts the focus to the bigger wealth-building benefits of real estate, including appreciation, loan paydown, and long-term equity growth.Whether you're just getting started or reevaluating your strategy, this episode highlights why cash flow should be viewed as a bonus—not the foundation—and how adopting this mindset can help you make smarter, more strategic investment decisions.Join my FREE real estate community on Skool: https://www.skool.com/relaunchFasterFreedom Capital Connection: https://fasterfreedomcapital.comFree Rental Investment Training: https://freerentalwebinar.com
On Saturday, Spirit Airlines announcedthat it was canceling all flights and beginning an “orderly wind-down” of its operations. The budget airline had been struggling since the Covid-19 pandemic, and it hasn't posted a profitable year since 2019. President Donald Trump had sought a deal to bail out the company before its shutdown but failed to reach an agreement with bondholders. About 17,000 Spirit employees and contractors are expected to lose their jobs; union representatives are negotiating with the airline to grant compensation packages to affected workers.Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!Corruption in the Trump administration?“After reviewing the evidence of the first 15 months of President Trump's second term, I believe the president is profiting off the office and making foreign policy decisions based on business interests to a level we've never seen or even conceived of before, and apparently nothing is being done to stop it.”Gold phones, Qatari planes, Syrian golf courses, cryptocurrency schemes, ballroom donations. Market moves, board seats, lawsuits dropped, lawsuits threatened. Pardons, prosecutions, profits, profits, profits… This past Friday, Executive Editor Isaac Saul waded through all of it in a thorough exploration of the charges of corruption against President Donald Trump.In case you missed it, you can read the piece here. We've also decided to make this Friday edition open to everyone, so please share it with anyone you think would be interested!You can read today's podcast here and today's “Have a nice day” story here.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: What do you think caused the closure of Spirit Airlines? Let us know.Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was written by: Isaac Saul and audio edited and mixed by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.
Dave dives into the latest strategies for Amazon listing image optimization, A/B testing, and AI-driven Amazon listing images with Michael Shackleford, a former EcomCrew Premium member and SaaS owner. They share what they've learned works best on Amazon. Timestamps 00:00 - Introduction and Michael's e-commerce journey from poker to Amazon seller 00:18 - How poker shares mental models with online selling 00:56 - The risk and reward in gambling versus Amazon 2:20 - The importance of AI in Amazon image creation in 2026 2:29 - Do's and don'ts for Amazon main gallery images today 3:08 - How to test variations of main images effectively 3:37 - Creative ideas for image variations: packaging, lifestyle, environment 4:59 - Flexibility in Amazon's white background rule and embellishments 6:29 - Optimal image resolution and size considerations 7:10 - Mobile optimization and best practices 8:14 - The effectiveness of Amazon Manage My Experiments vs. third-party polling tools 9:16 - Strategies for high-ticket product testing with limited traffic 10:37 - Manual image switching schedule for more reliable tests 12:11 - Using PPC data to measure image performance 13:20 - The versatility of Prolific for custom surveys 14:08 - Secondary images: core types and customer objection handling 15:45 - Designing mobile-friendly, visual answer images 17:09 - Diminishing returns of lower-positioned listing images 19:09 - Image order placement for maximum impact 20:10 - Avoiding poor-quality images 21:14 - Tips for avoiding AI-generated "slop" 22:10 - The myth of JSON prompts 23:58 - Crafting effective prompts for product scenes 25:00 - Why reference images are important 26:32 - Issues with AI-generated images 28:53 - Ensuring realistic human figures 30:45 - Photoshop's new AI capabilities 31:26 - Introduction to generupt.com 34:10 - Gathering market data with extensions 37:11 - Staying ahead in Amazon Resources & Links generupt.com Prolific A/B testing tool Photoshop Firefly AI GPT Image 2 (search for latest tools) Market analysis & review scraping extension
How much should a market garden bed generate? After analyzing numbers from hundreds of farmers, the range is massive: $300 per bed to $1,500+ from the same bed size and season. This episode breaks down seven per-bed revenue benchmarks by crop, from the $500 baseline that keeps you alive to the $1,500+ hero crops that keep your farm profitable. Click here to watch the full episode on our YouTube Channel. Subscribe for more content on sustainable farming, market farming tips, and business insights! Get market farming tools, seeds, and supplies at Modern Grower. Follow Modern Grower: Instagram Instagram Listen to other podcasts on the Modern Grower Podcast Network: Carrot Cashflow Farm Small Farm Smart Farm Small Farm Smart Daily The Growing Microgreens Podcast The Urban Farmer Podcast The Rookie Farmer Podcast In Search of Soil Podcast Check out Diego's books: Sell Everything You Grow on Amazon Ready Farmer One on Amazon **** Modern Grower and Diego Footer participate in the Amazon Services LLC. Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.
These episodes of #thePOZcast, live from Transform 2026 in Las Vegas, are proudly brought to you by our friends at Overalls What if your employees had one central hub to handle real life? Meet Overalls. A smarter way to support your team, combining expert human LifeConcierges™ with AI to solve everyday challenges across healthcare, caregiving, benefits, insurance, finances, life admin, and more. From start to finish, Overalls handles the details — using existing benefits where they fit, and filling in the gaps where they don't. So employees save time, reduce stress, and stay focused at work, while employers boost engagement and get more value from their benefits. Overalls is redefining how work supports life, helping employee teams from Reddit, Patreon, BeatBox, and more cross pesky to-dos off their lists every day. Learn more at https://getoveralls.com/?utm_source=podcast&utm_medium=podcast&utm_campaign=pozcast Thanks for listening, and please follow us on Insta @NHPTalent and www.youtube.com/thePOZcast For all episodes, please check out www.thePOZcast.com ABOUT: Lucia is a Chief People Officer working at the intersection of talent, technology, and strategy, helping organizations navigate transformation and scale intentionally. Over the past decade, she has partnered with leadership teams at public and high-growth companies to build operating models that support distributed work, enable durable growth, and strengthen resilience. At Virta Health, she built and scaled a fully remote organization recognized by Inc. as a Best Place to Work during a period of rapid expansion. At Patreon, she led the team through hypergrowth, M&A integration, and cultural evolution. Earlier in her career at Yahoo, Lucia designed and implemented analytics and decision-making infrastructure across EMEA, APAC, and the Americas. She holds a PhD in Organizational Behavior from Stanford GSB and brings a systems-driven approach to how organizations operate and evolve at scale. Takeaways: 1. Honesty Is the Most Underrated Employee Benefit Lucia's diagnosis of broken cultures is blunt: a lack of honesty. In an era defined by uncertainty — AI, economic volatility, global instability — employees want leaders and organizations that will be straight with them. Transparency isn't a communication strategy; it's a cultural foundation. 2. Bring Your Customers Into Your Culture Virta Health keeps honesty alive by bringing its patients — the people receiving its treatment — into all-hands meetings, offsites, and board meetings. It's a radical form of accountability that makes it impossible to lose sight of what the organization is actually for. 3. Remote Done Right Is About Trust, Not Tools Flexibility is a genuine benefit — but only if it comes with trust, clear expectations, and a genuine output-over-hours mentality. Lucia's philosophy: I hired you to do a job from anywhere. Get it done. The moment you start monitoring screen time or sending 3 AM emails, you've broken the contract. 4. Know Your Population Before You Design Your Benefits Virta's benefits strategy starts with a simple question: who are our people and what do they need? Their workforce is majority women in their 30s — so fertility benefits aren't a nice-to- have, they're a core part of the value proposition. Benefits designed without demographic insight don't land. 5. Compensation Comes First — Then Benefits Can Differentiate You cannot win a talent war on benefits alone. Market-rate base, bonus, and long-term incentives have to be in place first. Once they are, benefits become the layer that signals culture and meets employees where they are in their lives. 6. Engagement Is the Proxy Metric for Peace of Mind How do you quantify something as qualitative as peace of mind? Lucia's answer: Track engagement before and after benefits changes. Employees who feel supported show up more connected to the organization. That connection is measurable — and it ties directly to retention and performance. 7. The Attrition Argument Wins the Benefits Budget Conversation When employees are in a high-stakes life phase — fertility, family planning, caregiving — and the company doesn't meet them there, they leave. The cost of replacing them is almost always higher than the cost of the benefit. Lucia builds her ROI case on that math, and it works. 8. AI Is Forcing Leaders to Lead With Meaning As AI automates the transactional parts of management, leaders are left with the one thing AI can't provide: genuine human connection and meaning. Lucia sees this as a cause for optimism — organizations that were coasting on process are now being pushed to actually invest in their people. 9. 3 AM Emails Are a Leadership Failure, Not a Work Ethic Signal Managers who send late-night or weekend messages aren't demonstrating dedication — they're demonstrating poor planning and setting a cultural expectation that others shouldn't have to absorb. If urgency is manufactured, the fix is upstream, not a Sunday Slack message. CHAPTERS: 00:00 – Introduction Adam welcomes Lucia Guillory, CPO at Virta Health, and gets a quick overview of what the company does — including their recent breakthrough linking their treatment to extended survival in pancreatic cancer patients. 02:00 – From Isolation to PhD: How Lucia Got Into People Lucia traces her path into organizational behavior through a personal lens — growing up dyslexic and with ADHD, studying people as a way to understand belonging, and ultimately earning a PhD to drive change in organizations. 05:00 – What's Most Broken in Bad Cultures Lucia's direct answer: a lack of honesty. In a world of tariffs, AI anxiety, and geopolitical turbulence, employees want authenticity and transparency above everything else — and it's rarer than it should be. 07:30 – How Virta Bakes Transparency In Virta's unusual approach to keeping honesty at the forefront: bringing patients (members) into all-hands meetings, offsites, and even board meetings — making it impossible to hide what's working and what isn't. 10:30 – Remote Done Right What it actually means to be a fully remote organization: output over hours, trust over monitoring, flexibility as a genuine benefit, and clear communication as the operating system that holds it all together. 13:30 – The 3 AM Email Problem Lucia's take on managers who send emails at 3 AM or on weekends: it's a leadership failure, not a badge of honor — and employees have to vote with their feet if that's the culture. 16:00 – Total Comp: Where Benefits Fit In You can't win on benefits alone — market compensation has to be there first. But once it is, benefits become the differentiator. Lucia's framework: know your population and design accordingly. 18:30 – Fertility Benefits & Knowing Your Workforce Why Virta chose Carrot as their fertility benefits platform — and how understanding that their workforce is majority women in their 30s made this an obvious, high-impact investment across the full spectrum of family planning. 21:30 – Measuring the ROI of Peace of Mind How do you put a number on peace of mind? Lucia's answer: track engagement. Benefits that reduce stress and meet employees where they are show up directly in engagement scores — and engagement ties to retention and performance. 24:00 – Linking Benefits to Attrition The business case Lucia makes to finance: when employees are in a critical life phase — fertility, family planning, caregiving — failing to meet them there drives attrition. The cost of that attrition is measurable. The cost of the benefit usually isn't. 26:30 – What's Lighting Lucia Up: AI & the Return of Meaning Lucia's optimistic take on the AI moment: as transactional management gets automated away, leaders are being forced to show up with something AI can't provide — meaning, connection, and genuine investment in their people.
From the streets of the South Bronx to running one of the busiest weed operations in New York City — this is the story of Angel Diaz, aka Julito. In this raw and unfiltered interview, Julito breaks down how he was raised in the drug game, watching his mother move heroin and cocaine before stepping into the streets himself at just 12 years old. From selling crack and flipping weed to building a massive distribution network moving pounds daily, he shares how loyalty, hustle, and survival shaped his rise. But the game comes with a price. Julito opens up about violence, betrayal, federal indictments, and the moment everything came crashing down due to snitches and internal conflict. After years behind bars, he reflects on the truth most don't talk about: There's no glory in the street life. Go Support Julito! IG: https://www.instagram.com/bx_julito/ Clothing: https://www.maisonbullion.co Book: https://www.barnesandnoble.com/w/the-united-states-of-america-v-julito-angel-diaz/1146480500 This Episode Is #Sponsored By The Following: Lucy! Find LUCY near you at https://lucy.co/stores, or save 20% on your first online order at https://lucy.co/CONNECT with promo code CONNECT. Shopify! Sign up for your one-dollar-per-month trial today at https://shopify.com/mitchell Betterhelp! When life feels overwhelming, therapy can help. Sign up and get 10% off at https://betterhelp.com/connect Cash App! Download Cash App Today: https://capl.onelink.me/vFut/1ekoiacn #CashAppPod. Cash App is a financial services platform, not a bank. Banking services provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank, Member FDIC. See terms and conditions at https://cash.app/legal/us/en-us/card-agreement. Cash App Green, overdraft coverage, borrow, cash back offers and promotions provided by Cash App, a Block, Inc. brand. Visit http://cash.app/legal/podcast for full disclosures. Join The Patreon For Bonus Content! https://www.patreon.com/theconnectshow 00:00 Intro: Meet Julito – Bronx Weed Kingpin 01:53 Puerto Rican Roots & Family in the South Bronx 03:56 Julito's Upbringing & Family's Criminal Past 10:05 Early Hustles: Family Drug Business 16:39 Growing Up Surrounded by Drugs & Violence 21:15 This Episode Is Sponsored By Lucy 22:40 Weed, Heroin, Crack: Bronx Drug Culture Breakdown 30:00 This Episode Is Sponsored By Shopify and Betterhelp 32:38 Julito's First Steps as a Young Hustler 36:19 The Weed Block Corner Sales 41:52 This Episode Is Sponsored By Cash App 43:16 From Corners To Big Business 48:45 Clientele, Profits & Outwitting the Law 55:40 Moving Up: Gaining Trust and Becoming the Boss 01:12:01 Running the Block & Dealing with Competition 01:23:50 Weed Droughts, Strains, and Evolving Drug Game 01:31:07 The Rise of Sour Diesel and High-End Weed 01:36:01 Block Politics & Rivalries in the Bronx 01:43:43 Violence, Betrayal, and the Feds Closing In 01:54:41 The Murder, the Snitch, and the Downfall 02:07:38 Feds Build Their Case & Block Goes Down 02:18:27 Prison, Reflecting on the Game & Life Lessons 02:20:19 Life After Prison & Final Thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices
Sponsors: ◦ Visit Buildertrend to schedule a demo ◦ Marvin Windows and Doors ◦ Sub-Zero Wolf Cove Showroom Phoenix Connect with Katrina Barrett: ◦ https://www.instagram.com/katrina.a.barrett Connect with Brad Leavitt: Website | Instagram | Facebook | Houzz | Pinterest | YouTube
Big tech earnings have shown that artificial intelligence has become a massive growth business for the biggest companies in the world. And it better be because they're spending nearly $1 trillion per year on the technology, but will it pay off? Travis Hoium, Lou Whiteman, and Jon Quast discuss: - Big tech's AI growth - Is the economy healthy or hanging on by a thread? - Market predictions - Stocks on our radar Companies discussed: Textron (TXT), Circle (CRCL), Apple (AAPL), Amazon (AMZN), Alphabet (GOOG, GOOGL), NVIDIA (NVDA), Microsoft (MSFT), Meta Platforms (META). Host: Travis Hoium Guests: Lou Whiteman, Jon Quast Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices
This episode covers a wide range of topics across betting, prediction markets, and probabilistic thinking. We start with the Brendan Sorsby situation after reports surfaced about a major gambling-related issue involving the Texas Tech QB, including over 10,000 bets placed dating back to 2022. The conversation focuses on what this means for gambling integrity in college sports and the broader responsibility discussion that comes with it. From there, the panel reacts to Isaac Rose-Berman's recent article on prediction markets and the way they are positioned as an alternative to traditional sportsbooks. The discussion explores whether that framing is accurate, how these platforms actually generate profit, and what bettors often misunderstand about their structure. The group also breaks down a viral take from Plus EV Analytics on parlay thinking and how human intuition struggles with probability when outcomes are layered together. Host Jacob Gramegna is joined throughout the episode by Joey Knish, Isaac Rose-Berman, and Chris Dierkes (Flupnolide), a trader at Novig, with all four contributors involved in the full discussion across gambling, markets, and bettor psychology.
Your buyers and sellers are stalling — and it has nothing to do with the market. The single biggest perceived hassle in every real estate transaction is the physical act of moving. And until now, no one had a real solution. In this episode, Tim Harris sits down with Bill Mulholland, founder and CEO of Agou and 26-year veteran of the corporate relocation industry. Bill demos the AI-powered platform that has completely transformed the moving process — using computer vision to scan homes, identify every item, calculate guaranteed locked-in pricing, and connect clients with a vetted network of the best movers in the country. This is not a moving app for movers. This is a listing tool and buyer retention weapon for real estate agents who want an unfair competitive advantage in the 2026 market. You will learn how the Agou platform works from start to finish, including the live AI scan demo, the guaranteed pricing model, the blind bidding system that forces movers to compete for your clients' business, and how car shipping is handled inside the same seamless experience. You will also learn why the price can only go down after booking — never up — and how Agou's partnership with Realtor.com signals the beginning of a mainstream shift in how real estate transactions are supported. Tim also explains why offering this to your buyers and sellers is not just good service — it is the "do it for me" AI-level experience that 2026 consumers will demand from every agent they work with. The agents who present this first will win listings. The ones who don't will look like they're still operating in the 1990s. If you have ever had a client say they're not ready to sell because they don't want to deal with the move, this episode is required listening. Free Daily Newsletter: https://HarrisRealEstateDaily.com Coaching and Training: https://PremierCoaching.com EXP Realty / Libertas: https://WhyLibertas.com/Harris Text Tim Direct: 512-758-0206
Ed and Jeremiah break down the biggest winners and losers from the 2026 NFL Draft and what it all means for your Best Ball drafts on Underdog Fantasy. Timestamps: 0:00 - Intro 1:38 - Jeremiyah Love to the Cardinals & Tyler Allgeier ADP impact 4:09 - Carolina Panthers: Tetairoa McMillan & Chris Brazzell 5:00 - Jonathon Brooks — league winner call 6:35 - Bears backfield: Kyle Monangai & D'Andre Swift 9:40 - Chase Brown & the Bengals bell cow debate 12:10 - Indianapolis Colts: Tyler Warren vs. Josh Downs 16:18 - Chiefs offense concerns: Mahomes, Rashee Rice & Xavier Worthy 19:32 - Chargers breakdown: Hampton, McConkey, Gadsden & Herbert 23:21 - NY Giants & Jets backfields: Scattebo, Breece Hall & more 29:39 - Titans: Cam Ward, Carnell Tate & year-two QB wave Thank you for checking out the Podcast, be sure to follow and comment if you have any questions, we are always happy to answer any. For Access to our Premium Tools (Trinity, WAR & More) & Discord Community https://ddfantasyfootball.com/subscriptions/ Join the discord for FREE: https://discord.gg/TAeWz3B5VW Subscribe to the Youtube Channel DDFFB https://www.youtube.com/@DDFFB Sub to the Wake up YT Channel: https://www.youtube.com/channel/UCaIJqSepjl-eZ2YEaaLciFA Subscribe to Ray's Channel: https://www.youtube.com/@RayGQue Check out All of Ray's Articles at Yahoo!: https://sports.yahoo.com/author/ray-garvin/ Follow Ray on Bleacher Report: https://br.app.link/7ExIDsWfHVb Follow us on Twitter: https://x.com/destinationdevy Become a Member on Youtube for access to the Dynasty Deal Show Live, Destination Chill and other member benefits, like priority reply to comments and unique badges and emojis: https://www.youtube.com/channel/UCV84gHvtBMXxzN9ZPI9XHfg/join Learn more about your ad choices. Visit megaphone.fm/adchoices
(3:00) Luke keeps it real (5:00) Preseason pub? (9:00) What positions must make jumps (15:00) Pull back spending? (23:00) New revenue streams (31:00) Generating Discussion sparked by Cummins (48:00) Blue blood rebuild? (54:00) Eval structure (1:01:00) Economic of a new hire, jockeying for position Music: ERRA - black cloud Follow CumminsLifestyle on IG Upgrade your wallet today! Get 10% Off @Ridge with code WAKEUP at https://www.Ridge.com/WAKEUP #Ridgepod Get up to $200 off Square hardware when you sign up at square.com/go/square.com/go/warchant! #squarepod Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Ranjan Roy from Margins is back for our weekly discussion of the latest tech news. We cover: 1) OpenAI misses revenue and user projections, per WSJ 2) Why can't ChatGPT break the 1 billion user mark? 3) Is consumer AI not working? 4) Ranjan makes the case for consumer AI 5) Musk vs. OpenAI at trial 6) Potential outcomes of the case 7) Musk admits distillation? 8) Cloud services crush earnings 9) U.S. Senators ban themselves from trading prediction markets 10) CBS Sports' shameless gambling article --- Enjoying Big Technology Podcast? Please rate us five stars ⭐⭐⭐⭐⭐ in your podcast app of choice. Want a discount for Big Technology on Substack + Discord? Here's 25% off for the first year: https://www.bigtechnology.com/subscribe?coupon=0843016b Learn more about your ad choices. Visit megaphone.fm/adchoices
This week, we're back with another weekly roundup to discuss the current state of markets during earnings season. As equities push to new all time highs on stronger than expected results, we take a closer look at Robinhood's numbers, the DeFi United recovery fund, Pump.fun's token burn announcement and more. Enjoy! -- Follow Jason: https://x.com/JasonYanowitz Follow Santi: https://x.com/santiagoroel Follow Rob: https://x.com/HadickM Follow Empire: https://x.com/theempirepod -- This episode is brought to you by Fidelity Crypto. Learn more at https://Fidelity.com/crypto Fidelity Crypto was built in-house with over a dozen years of crypto experience. So you can trade crypto and stocks in one place at Fidelity, backed by industry-leading security. Fidelity Crypto. We're here to help you feel good about investing in crypto. Crypto is offered by Fidelity Digital Assets, NA, is not insured by FDIC or SIPC and includes risk of complete loss. Securities offered by Fidelity Brokerage Services, LLC. Member NYSE, SIPC. -- Timestamps: (00:00) Introduction (04:00) Takeaways From Earnings (20:10) Fidelity Crypto Ad (20:45) Stablecoin Chains (24:28) State of The Market (30:12) The DeFi United Recovery Fund (42:04) Fidelity Crypto Ad (42:45) Pump Fun's Token Burn (55:58) Content of The Week -- Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, Rob and our guests may hold positions in the companies, funds, or projects discussed.
Scott Wapner and the Investment Committee debate whether earnings can drive stocks higher and how you should position your portfolio. Plus, the Committee share their latest portfolio moves. And later, Kevin Simpson shares his Trade School on Intel which has surged in recent weeks. He tells you what to do with the stock now. Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Today we're back with Field to Front Door
Is the era of protocol bailouts upon us? The Chopping Block crew and MegaETH's Shuyao Kong debate Defi United's community-funded rescue, the KPI vesting experiment shaking up token launches, whether DeFi yields truly underprice risk, and the first major PolyMarket insider trading bust—all delivered with the usual insider banter you won't hear anywhere else. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, the squad is joined by MegaETH co-founder Shuyao Kong, fresh off their headline-making KPI-gated token launch. First, we dive into the whirlwind that is Defi United: a who's-who of Ethereum OGs and protocols pledging hundreds of millions to fill bailout holes from the massive KelpDAO hack—voluntarily. Are we witnessing a new age of protocol do-gooder vibes or just kicking the moral hazard can down the road? Then, we tear into the “are DeFi yields way too low” debate, prodded by Tom Dunleavy's viral thread—should degens really be earning more for taking protocol risk, or are the markets just as weird as they seem? Shuyao gives us an under-the-hood look at MegaETH's radical KPI vesting mechanics, why they made the token vesting play risky pre-TGE, and whether dynamic tokenomics could be the industry's way forward (with plenty of banter about airdrop farming and governance theater along the way). Finally, we spin through the saga of PolyMarket's big DOJ insider trading bust: is “insider info” a feature or a bug in prediction markets? All that, history lessons, cynicism, and more—let's get into it. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights
Why does Indiana keep showing up as a top market for real estate investors? In this Market Deep Dive, Kathy Fettke sits down with RealWealth's Indiana Team to break down why Indiana continues to attract cash flow focused buyers. They share why boring rentals often outperform flashy strategies, how Midwest investing can create steady monthly income, and why many California investors are looking beyond their own backyard. You'll also hear insights on duplexes, turnkey rentals, landlord friendly laws, rent growth, and building long-term legacy wealth through simple real estate. If you're looking for your next investment market, this episode is packed with practical wisdom.
Charles Frischer and Asheef Lalani stop by The Business Brew to update the listeners on Fairfax Financial. They originally came on the program on 7/20/2023 when the stock was quite unloved. Bill asked them to return to the program after almost 3 years of ownership and fresh off the annual meeting. We hope the episode provides a good update to the first. Asheef Lalani as an independent director to the board of Sailfish Royalty Corp. Mr. Lalani graduated from the University of Waterloo with a Bachelor of Mathematics and Masters of Accounting, earned the CA/CPA designation in 2002 and is a CFA charterholder since 2003. Asheef first started his career with PricewaterhouseCoopers in 1998 and went on to become a portfolio manager at UBS Securities. Currently, Mr. Lalani is the Chief Investment Officer at Berczy Park Capital – a private family office in Toronto, Canada.Charles Frischer is General Partner of LFF Partners, a family office based in Seattle. Mr. Frischer was a multi-family loan underwriter and originator at Capri Capital for 10 years. As a Principal at Zephyr for 4 years, he was responsible for the asset management of more than 5,000 multi-family units and all related financings of the portfolio. Frischer sits on the Board of Kingsway Financial and Altisource Asset Management. He attended his first Berkshire annual meeting in 1998, his first Market annual meeting in 1999 and his first Fairfax annual meeting in 2010. He holds an B.A. in Government from the College of Arts and Sciences from Cornell University. Sponsorship InformationThank you to Trata for sponsoring the show.If you're listening to this podcast, you'll like Trata. Trata is buyside to buyside conversations on individual stocks. Trata makes finding a bull or bear on any stock as easy as clicking two buttons. Over 125 funds globally contribute that collectively cover 2000+ tickers. Trata raised over $3mm coming out of Y Combinator. Before you would track 13Fs, now you can understand what funds are actually thinking. You can join as a lurker or you can join as a contributor and Trata will pay you hundreds of dollars per call. For a free trial, go to trytrata.com/brew OG Sponsor Shoutout:Thank you to Fiscal.ai for sponsoring the show. DISCOUNT INFO: If you use the affiliate link fiscal.ai/brew, you will automatically get 2 weeks of Fiscal Pro for Free and if you find that you want to upgrade, my link will get you 15% off any paid plans. About Fiscal.aiFiscal.ai is the complete modern data terminal for global equities.The Fiscal.ai platform combines a powerful user experience with all the financial data capabilities that professional investors need. Users get up to 20 years of historical financials for all stocks globally that they can easily chart, compare, or export into their own models. And unlike legacy data terminals where it can take hours or even days, Fiscal.ai's data is updated within minutes of earnings reports. Fiscal.ai also tracks all the company-specific Segment & KPI data so you don't have to. Like to track Amazon's Cloud Revenue? They've got it.How about Spotify's premium subscribers? Or Google's quarterly paid clicks?They've got all of it.
Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking (Kindle)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).
On the last trading day of the month, Carl Quintanilla, Jim Cramer and David Faber led off the show with market reaction to quarterly results from four of the "Magnificent 7": Alphabet, Amazon, Meta and Microsoft. The anchors explored which of those tech giants are best positioned in the AI race. Hear what top executives from the four companies said on their respective earnings calls about capex strategy. Also in focus: Shares of Caterpillar and Eli Lilly jump on earnings beats, Nvidia and the AI trade, President Trump lauds the Intel rally as the stock more than doubles in April, Elon Musk back on the stand at the OpenAI trial, PCE — the Fed's preferred inflation gauge — posts its biggest gain in almost three years in wake of the Iran war. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Don't forget to like, subscribe and leave us a comment! On this week's episode, Zach & Addison share their thoughts on how consumerism and social media are affecting the pedal market and whether or not the internet can be trusted. Thanks so much to the sponsor of today's episode, Sweetwater! Make sure to check out all the gear we use here and more: https://www.sweetwater.com/shop/dipped-in-tone/ Check out our website & merch: https://www.dippedintone.com Support us on Patreon: https://www.patreon.com/dippedintone Follow us on Instagram: https://instagram.com/dippedintone Dipped In Tone is: Rhett Shull https://www.rhettshull.com Zach Broyles / Mythos Pedals https://mythospedals.com & https://highvoltageguitars.com Produced & Edited by Addison! https://www.instagram.com/addisonsauvan TIME STAMPS 00:00:00 Intro 00:02:16 Addison Update 06:06:10 Zach Update 00:07:09 Thanks Sweetwater! 00:09:18 And big thanks to our Patrons 00:09:57 Hot Take 00:17:17 Main Topic 00:23:29 Differentiating between pedal makers and companies 00:29:35 Cutting through the noise, leaning into Youtube 00:33:41 Brainwashed Consumerism 00:34:48 Anderton's take on the pedal market 00:36:15 The small drop thing 00:48:15 Dead Internet Theory 00:51:19 Rig Dip 01:04:32 Zach Shill 01:07:08 Addison Shill Some of our favorite gear (Affiliate Links): Universal Audio Enigmatic - https://sweetwater.sjv.io/o42Mve Fender Triple Caster - https://sweetwater.sjv.io/qzRMvq Suhr Classic S Antique - https://sweetwater.sjv.io/DyEomG Benson Delay - https://sweetwater.sjv.io/jeEb4b Boss Roland DM-101 - https://sweetwater.sjv.io/K0Nj5A TC 2290 - https://sweetwater.sjv.io/e1oz26 Universal Audio Volt 876 - https://sweetwater.sjv.io/jeko9M Boss Katana 50 Gen3 - https://sweetwater.sjv.io/DyEom5 Shure 545 (new production) - https://sweetwater.sjv.io/ravMyj Echo Fix EFX3 - https://sweetwater.sjv.io/APzZMK Helix Stadium - https://sweetwater.sjv.io/LKVnJa
Scott Wapner and the Investment Committee debate how to trade the winners and losers out of the recent mega cap earnings reports. Meta falls after raising CapEx but Steve Weiss is buying more, he calls in with the details. Plus, Josh Brown spotlights two names in his "Best Stocks in the Market." And later, we hit the latest Calls of the Day. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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The Daily Agent Reset is a short daily audio message from Tim and Julie Harris designed to help real estate agents start the day focused, motivated, and ready to take action. Today's message: Your job is to find the opportunity inside imperfect conditions. For more coaching and training, listen to Tim and Julie Harris Real Estate Coaching and Training. For best scripts, strategies, and daily training: https://HarrisRealEstateDaily.com
As war continues on, we talk the impact of oil on the economy. Ongoing and often confusing geopolitical developments are driving sharp, sentiment-driven market swings. Markets initially following a "great rotation" into defensive sectors were shifting into broad selloffs during war uncertainty, and now are in a rapid "chase" back into growth and tech as investors repositioned after being caught offside. Despite strong headline earnings underlying data shows slowing economic activity, mixed sector performance, weakening housing, and uneven credit conditions, suggesting a late-cycle environment. With correlations breaking down, traditional diversification less effective, and tech valuations complicated by rising capital expenditures, caution and incremental positioning are important. We discuss... Markets reacted sharply to conflicting war headlines, showing how sentiment, not fundamentals, is driving short-term moves. Rely on frameworks rather than predictions, since forecasting the future is inherently unreliable. Current market strength is concentrated in tech, while most other sectors remain flat or weak. Strong earnings reports are being driven in part by lowered expectations rather than true outperformance. Economic data is softening, with slowing manufacturing, services, and forward-looking business activity. Credit markets show mixed signals, with business borrowing strong but housing and consumer trends uneven. The economy appears to be in a late-cycle phase, marked by narrow growth and increased fragility. Traditional diversification is less effective as stock and bond correlations have turned positive. Big tech faces scrutiny due to rising capital expenditures and uncertain returns on AI investments. Market behavior is increasingly driven by positioning, psychology, and institutional flows. Upcoming earnings from major companies are expected to add further volatility to markets. Midterm election cycles historically bring choppy market conditions, reinforcing uncertainty. The current rally may be a temporary bounce rather than a confirmed long-term trend. Investors are encouraged to avoid chasing gains and instead scale into positions. Holding cash and waiting for clearer signals is presented as a valid strategy. Today's Panelists: Kirk Chisholm | Innovative Wealth Douglas Heagren | Mergent College Advisors Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the full show notes at https://moneytreepodcast.com/the-impact-of-oil-811
All-time highs – SP500 up 9% MTD – NAS100 even more Balanced risk – up or down from here is evenly matched All tech right now (Example Monday Equal Weighted up 0.33%, SP500 down 0.35%) Worried about No More Mr. Nice Guy The new “Blockchain” , “SPAC”, “MEME” that is pushing stocks PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - HUGE MOVES - All from Tweets - Earnings seasons - banks did goooood -- Earnings season - carrot ahead of next week when the tech giants report (lots of bulls on this) - A belated 420 day to all you stoners out there! Grab a gummy, come back in about 45 minutes and listen - show will be much better... - Tariff refunds now available Markets - All-time highs - SP500 up 9% MTD - NAS100 even more - Balanced risk - up or down from here is evenly matched -- All tech right now (One day Equal Weighted up 0.33%, SP500 down 0.35%,) - Equal weight up 4.5% MTD, S&P up 9% - Worried about No More Mr. Nice Guy ? - Seems like Trump is bored with the Iran thing... - The new "Blockchain" , "SPAC", "MEME" that is pushing stocks Announcing the Winner of the Closest to the Pin for NetGear... Open /Closed - Straits of Hormuz closed again, and again - The brief opening allowed for a cruise ship to sneak through last week. - Celestyal Discovery, a 1,360-guest vessel operated by Greece-based Celestyal Cruises, departed Port Rashid in Dubai, U.A.E., on April 17 at 11:36 a.m. local time, becoming the first cruise ship known to exit the strait since the crisis began earlier this year. - No passengers aboard - aside from Captain and Crew. - - That must have been a pretty scary passing.... OIL - Oil hovering in the $80-$90 range for a while, now topping $100 - WTI and Brent flipped back to the normal relationship - UAE leaving OPEC - (accounts for 12% of OPEC and 4% of global oil) ---- They need more flexibility and there seems to be a rift with Saudi Arabia and others as they have not been protected -- China! China to begin exporting jet fuel, diesel and gasoline - DOES THIS MEAN PRICED IN YUAN? Economics - Retail sales up more than expected. - Some is due to the high cost of gas - but stripping out gas prices - still beat expectations - How do we square this with the UMich at all-time lows? Consumer Confidence Retail Sales YoY Chips - MRVL Shares jumped more than 7% after a report by The Information said the company is in talks with Google to build two new AI chips. - AVGO (Broadcom) dipped as they had a deal announced prior and this seems to have watered down some of the importance. - Fast forward a few days and then we see a story about OpenAi missing user and revenue projections. Commentary about concern that if they do not meet their numbers, may not have enough money to fund all the build-outs they promised. (Lots of names dropping on this concern) Tim Apple - Apple announces that Tim Cook will become executive chairman of Apple's board of directors and John Ternus, senior vice president of Hardware Engineering, will become Apple's next chief executive officer effective on September 1, 2026. - Ternus joined Apple's product design team in 2001 and became a vice president of Hardware Engineering in 2013. He joined the executive team in 2021 as senior vice president of Hardware Engineering. Throughout his tenure at Apple, Ternus has overseen hardware engineering work on a variety of groundbreaking products across every category. He was instrumental in the introduction of multiple new product lines, including iPad® and AirPods, as well as many generations of products across iPhone®, Mac®, and Apple Watch. - Ternus's work on Mac has helped the category become more powerful and more popular globally than at any time in its 40-year history. Prior to Apple, Ternus worked as a mechanical engineer at Virtual Research Systems. He holds a bachelor's degree in Mechanical Engineering from the University of Pennsylvania. Mo Money - Vendor Financing - Anthropic to secure up to 5 gigawatts (GW) of current and future generations of Amazon's Trainium chips to train and power their advanced AI models. - Anthropic's Claude Platform available on AWS, providing their full AI developer experience in one place. - Amazon to invest $5 bln in Anthropic today and up to an additional $20 bln in the future. Operation Vaccu Suck - AST SpaceMobile — Shares fell 15% after a satellite launched was placed into the wrong orbit. - The company said in a release it expects the cost of the satellite to be recovered by an insurance policy, and it still plans to conduct orbital launches once every month to two months in 2026. - DH Space Cleanup - this is going to be huge. Like the Spaceballs Mega Maid Scene - goes from suck to blow. Mega maid cleaning up space trash - Operation Vaccu Suck Fed Chair Nominee - Fed Chair nominee Kevin Warsh told Senate hearing that Fed must stay independent and "stay in its lane" - Opening statement (Senate) : "I do not believe the operational independence of monetary policy is particularly threatened when elected officials—presidents, senators, or members of the House—state their views on interest rates. Central bankers must be strong enough to listen to a diversity of views from all corners. - But the actual confirmation may still be stuck until the lawsuit against Powell is dropped (Which it seems is in process) Drugs man... - Compass Pathways — The biotechnology company surged nearly 25% after President Donald Trump signed an executive order that directs his administration to speed up reviews of psychedelic drugs. - Compass is conducting studies of psychedelics to create drugs for treatment-resistant depression and PTSD. HOW? - A refund system for businesses that paid tariffs which the U.S. Supreme Court ruled President Donald Trump imposed without the constitutional authority to do so is scheduled to launch Monday. - Importers and their brokers will be able to begin claiming refunds through an online portal beginning at 8 a.m., according to U.S. Customs and Border Protection, the agency administering the system. - It's the first step in a complicated process that also might eventually lead to refunds for consumers who were billed for some or all of the tariffs on products shipped to them from outside the United States. SUBS Emerging - Sandwich chain Jersey Mike's has confidentially filed for an IPO. - - Blackstone bought a majority stake in the sandwich chain in 2024 in a deal that valued the company at roughly $8 billion. - - - With more than 3,000 locations nationwide, Jersey Mike's is the second-largest hoagie sandwich chain in the U.S. -- Did some research - typical franchisee makes about $100-$200k per store. ----- Initial cost to get store going ~ $700k (3-7 year make-good on initial investment plus risks) NEW Stock MOVER - SPACS were HOT - now by all accounts one of the worst performance groups EVER - AI Pivot - - - Not sure this has legs like some of the ones in the past... - Myseum shares more than doubled after the social media firm became the latest company to refocus efforts on artificial intelligence. -----Shares of Myseum, which has been renamed Myseum.AI, will still trade under the MYSE ticker - The New Jersey-based company announced Wednesday that it would change its name to Myseum.AI amid a concentration on integrating AI into its platforms like Picture Party and DatChat. Myseum will use AI agents to manage personal media in a way that adapts to users' preferences while also maintaining privacy, the company said. - Allbirds' shares during the previous session after the struggling shoemaker announced a pivot to AI (Went from $3 to $24 and now $11) Crypto News - Charles Schwab is rolling out crypto trading, allowing clients to buy bitcoin and ether in the coming weeks. - The move places the brokerage in direct competition with Robinhood and Coinbase, both of which tend to serve younger clients and offer commission-free trading on stocks (but still carry a fee on crypto). - Schwab is the latest example of increasing crypto acceptance by traditional financial firms that previously were waiting on the sidelines to launch crypto offerings. (Only Ether and Bitcoin) -- Stock was down on this news an some earnings hangover (8% from recent high) - Robinhood and Coinbase had some selling on the news too.... OpenAi - Nastyness - Sam Altman is seeking the dismissal of punitive damages claims in his sister's civil lawsuit accusing the OpenAI co-founder and chief executive of repeated sexual abuse more than two decades ago, an accusation he denies. - Annie Altman accused her brother of sexually abusing and raping her between 1997 and 2006 at the family home in suburban Clayton, Missouri, starting when she was three and he was 12. She said the "last acts of sexual abuse and rape" occurred when Sam Altman was an adult. He is now 40. - Sam Altman is countersuing his sister for defamation over her posts, including a video that said "an almost tech billionaire" molested her. (He is seeking $1) Other Strange - FBI Director Kash Patel filed a defamation lawsuit against the Atlantic and its reporter Sarah Fitzpatrick following the publication of an article on Friday alleging the director had a drinking problem that could pose a threat to national security. - The magazine's story, initially titled “Kash Patel's Erratic Behavior Could Cost Him His Job," cited more than two dozen anonymous sources expressing concern about Patel's “conspicuous inebriation and unexplained absences” that “alarmed officials at the FBI and the Department of Justice.” - The lawsuit, filed in U.S. District Court for the District of Columbia, seeks $250 million in damages. Netflix News - Netflix beat Wall Street expectations for first-quarter revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed Warner Bros. Discovery deal. - The company said it expects second-quarter revenue to increase 13% and reiterated its earlier warning that content spending would be weighted in the first half of the year due to the timing of title launches. - The company announced Reed Hastings, Netflix's co-founder and current chairman, would exit the board in June when his term expires. - Netflix reiterated that it's on track to reach $3 billion in advertising revenue in 2026, which would mark a doubling year over year, as that newer revenue line shows growth. ----Shares fell 9% after the announcement QVC - QVC Group Inc. has filed for bankruptcy protection in an effort to shed $5 billion in debt, as the company struggles with declining network viewership and stiff competition for its e-commerce operation. - QVC's business model, which relies on live sales sessions and call-in ordering, gave customers a sense of a personal relationship with their favorite peddlers, but the company's best year ever was in 2020, during the Covid-19 pandemic, and its revenue has dropped by more than a third since then. - The rise of short-form video platforms like TikTok, which has seen success with live shopping and has brought in more than $15 billion in US revenue in 2025, poses a significant challenge to QVC as it tries to restructure its debt and evolve its business model. - There will still be QVC for a while - really just a debt restructure - but eventually they are toast Spirit - 9 Lives? - Spirit Aviation Holdings Inc. has floated offering the US government an equity stake in the discount carrier to help stave off its potential liquidation, according to people familiar with the matter. - The Air Current first reported that Spirit is seeking a bailout from the US government. - Any proposed bailout is likely to get pushback from competitors that are also struggling with a spike in jet fuel prices during the conflict in the Middle East, some of the people said. Transportation Secretary Sean Duffy plans to meet with low-cost airline chief executives this week to discuss their challenges, the people said. Just IN - Jetblue CEO told employees it isn't considering filing for bankruptcy protection this year. - Geraghty's comments come amid higher fuel costs and speculation sparked by the New York-based carrier's founder that the airline could go bust. - The airline has sufficient liquidity and access to additional capital, Geraghty said in an internal memo reviewed by Bloomberg. That includes a recently secured $500 million loan backed by aircraft, with an option to raise another $250 million. Robot 1/2 Marathon - A humanoid robot completed a half-marathon in 50 minutes and 26 seconds, about seven minutes faster than the men's world record. - The second annual robot half marathon showed rapid advances in artificial intelligence, with 40% of the robots running autonomously and demonstrating improvement in handling generalized environments. - The race, which featured over 100 teams and 300 robots, showcased China's industrial policy priorities, including progress in artificial intelligence and robotics to mitigate the economic risks of an aging population. - About 40% of the robots this year rant autonomously Crazy Short Squeeze AVIS Earnings on the way... Microsoft EPS: ~$4.00–$4.05 (+15–17% YoY) Revenue: ~$81–82 billion (+15–16% YoY) Focus: Azure growth, AI monetization, and whether heavy AI spending is translating into margins. Alphabet (Google) EPS: ~$2.60–$2.70 (~5% YoY decline, due to higher depreciation) Revenue: ~$106–107 billion (+18–20% YoY) Focus: Strong Cloud growth and proof that AI investment is turning into sustainable revenue. Meta Platforms EPS: ~$6.60–$6.70 (+20%+ YoY) Revenue: ~$55–56 billion (+18–22% YoY) Focus: AI?driven advertising performance, core margins, and cost discipline outside Reality Labs. Amazon EPS: ~$1.60–$1.65 (+10–12% YoY) Revenue: ~$177–180 billion (+13–14% YoY) Focus: AWS growth, advertising margins, and clarity around large AI capital spending plans. Apple EPS: ~$1.90–$2.00 (+15–16% YoY) Revenue: ~$90–95 billion (mid?teens YoY growth) Focus: Services growth, iPhone demand stability, and capital return priorities. Love the Show? Then how about a Donation? THE WINNER OF THE CLOSEST TO THE PIN for NETGEAR Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt! FED AND CRYPTO LIMERICKS See this week's stock picks HERE Follow John C. 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In episode 570 of 'Coffee with Butterscotch,' the brothers get into the messy final stretch of shipping How Many Dudes, where winding down development and winding up publishing have to happen at the same time. They break down why localization turns a simple task like screenshots into a sprawling multi-platform nightmare, and what it actually takes to coordinate QA, store pages, and platform partners when the clock is ticking. It's a look at why the last 97 days before launch can feel just as chaotic as the first.Support How Many Dudes!Official Website: https://www.bscotch.net/games/how-many-dudesTrailer Teaser: https://www.youtube.com/watch?v=IgQM1SceEpISteam Wishlist: https://store.steampowered.com/app/3934270/How_Many_Dudes00:00 Cold Open00:16 Introduction and Welcome01:50 Navigating Game Development and Marketing04:38 The Final Push to Launch07:57 Balancing Development and Publishing10:47 The Complexities of Localization and Platform Integration16:41 The Complexity of Screenshot Requirements19:21 Parallel Development Challenges22:29 Automating Screenshot Processes26:34 The Role of Publishers in Development30:26 Navigating Platform-Specific Requirements36:55 The Challenges of Marketing and Publishing42:54 Lessons from Larger Organizations46:40 The Risks of Outsourcing and Finding the Right Partners53:58 Balancing Internal and External Resources59:51 Looking Ahead to Launch and Final PreparationsOther things mentioned:Sam giving a talk in Chris Zukowski's “How to Market a Game” conference on Thursday, April 30th, at 10am EST:https://howtomarketagame.com/inside/To stay up to date with all of our buttery goodness subscribe to the podcast on Apple podcasts (apple.co/1LxNEnk) or wherever you get your audio goodness. If you want to get more involved in the Butterscotch community, hop into our DISCORD server at discord.gg/bscotch and say hello! Submit questions at https://www.bscotch.net/podcast, disclose all of your secrets to podcast@bscotch.net, and send letters, gifts, and tasty treats to https://bit.ly/bscotchmailbox. We also built Ludokit, a tool for managing store pages, promo art, localization, achievements, credits, fonts, change logs, and more. Check it out at https://ludokit.com!Finally, if you'd like to support the show and buy some coffee FOR Butterscotch, head over to https://moneygrab.bscotch.net. ★ Support this podcast ★
Grab a frothy coffee and pull up a chair as we chat about big picture parenting. We're leaning into the idea that childhood is just the prologue, focusing on how we can move from "authority" to "influence" by giving our kids the autonomy they need to grow. By creating non-judgmental spaces and forging bonds that actually stick, we're laying a foundation today for a true friendship with the adults they are becoming. It's all about being intentional in the messy, ordinary rhythms of life so that the door stays wide open for a lifetime. After all, building these forever-connections is exactly why these are the good days.THE SHOW NOTESThanks for being a part of our podcast community! You can follow Lee Ann and Matt on Instagram to keep up with happenings in between episodes. Click the link in their name to follow!We would absolutely LOVE to see you at our next Live Podcast Event! We are giving away amazing things from our favorite brands, and one lucky attendee can take home a beautiful mixer or a shopping spree at Walnut Creek Cheese! All the details can be found here at our Eventbrite page!If you've been around the podcast for any length of time, and you're in our podcast community, we would love for you to join us on our Patreon. Patreon is where you go to support us, get more TAGD content, download exclusive episodes and recipes, and get behind the scenes looks at what's going on with Lee Ann and Matt. Thanks for joining us!If you know anything about us at all, you know a good cup of coffee is important to us - especially “frothy coffee.” Click here to grab some of our These Are Good Days blend coffee - we created this blend and couldn't love it more!Thank you to our sponsor Walnut Creek Foods and Walnut Creek Cheese and Market. Walnut Creek Foods creates products that are carried in stores all over the United States. Click here to see where you can locate a store near you that carry their incredible products. If getting packages on your doorstep is more your speed, click here to see all the Walnut Creek Cheese and Market products that can be shipped right to your door!This episode was also sponsored by Creative Quo, a marketing firm in Millersburg, OH. We are working on new branding, a new website, and some new creative ways to elevate our podcast using their proven marketing strategies. If you need a second set of eyes on your business or brand, Creative Quo is where to go!
Episode 617 of the Sports Media Podcast with Richard Deitsch features Michael McCann, a legal analyst and senior sports legal reporter at Sportico and a Professor of Law at the University of New Hampshire Franklin Pierce School of Law, where he is Director of the Sports and Entertainment Law Institute. In this podcast McCann discusses how the Vrabel-Russini photographs are problematic, and in ways that pose potential hurdles in workplace investigations; the privacy aspect of the story; if Russini is under any professional obligation to cooperate in The Athletic's investigation; why the NFL is unlikely to set a precedent on the issues of alleged infidelity or anti-fraternization; whether the Patriots are willing to endure daily scrutiny of Vrabel; the U.S. Department of Justice launching an investigation into whether the NFL has engaged in anticompetitive practices; the sports prediction market and why the prediction market feels like legal mess and a public health risk; why Kalshi is winning in court right now; how U.S. states can argue that prediction markets hurt the public; Donald Trump issuing an executive order that directs federal agencies, including the Justice Department and the Department of Education, to determine if colleges have become “unfit for federal grants and contracts” by engaging in “improper financial activities,” and more. You can subscribe to this podcast on Apple Podcasts, Spotify and more. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Scott Wapner and the Investment Committee react to OpenAI's revenue miss and debate how you should navigate it. Plus, Josh Brown highlights semiconductors in his "Best Stocks in the Market." The Investment Committee debate the sector and what it means for the broader market. And later, the desk shares their latest portfolio moves. Investment Committee Disclosures Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Major U.S. stock indexes have rebounded sharply in recent weeks. Our CIO and Chief U.S. Equity Strategist Mike Wilson discusses the fundamentals that could support the continuation of the bull market.Read more insights from Morgan Stanley.----- Transcript -----Welcome to Thoughts on the Market. I'm Mike Wilson, Morgan Stanley's CIO and Chief U.S. Equity Strategist. Today on the podcast, I'll be discussing why I remain bullish even after such a strong run in stocks. It's Monday, April 27th at 11:30am in New York. So, let's get after it. The U.S. equity market just experienced one of the most dramatic bounces in history from a technical standpoint. It went from oversold to overbought territory in just 12 days. Based on our conversations, the speed of this move has led some to express caution about the near-term path of equities – but that's the way it usually works. The market waits for no one once it decides to move on. From our perspective, this feels like last year. Many investors are contemplating the lagging impacts of higher commodity prices on inflation just like they were thinking through the effects of higher tariff rates a year ago. Many companies will feel the downstream impacts on a lagging basis. But we believe equity indices and many subgroups already suffered enough damage to account for these concerns. In other words, the equity market isn't simply looking past the risks, it already priced them. Take into consideration that the earnings picture is much stronger today with forward 12-month earnings growth approaching 25 percent versus just 9 percent a year ago. As well, we still hear many commentators suggesting that growth is only coming from a handful of stocks. While mathematically that is a fair point for the top-heavy S&P 500, it doesn't acknowledge that forward earnings growth for the median company and for small caps is also well into the double digits. This cadence is very different from the prior three to four years when the economy was experiencing a rolling recession. It also supports our rolling recovery and broadening thesis we laid out a year ago. So far, the first quarter earnings season has delivered a 10 percent beat rate in aggregate. This is two times the long-term average. More importantly, second quarter and forward 12-month company guidance have increased by an additional 2 to 3 percent. Besides earnings beat rates and guidance, we are also watching capex guidance and signs of pricing power. We entered 2026 with a view that the capex cycle was gaining momentum, thanks to three tailwinds: First, strong earnings and cash flow, which tend to correlate with capex. Second, tax incentives from the BBB; and third, strong demand for the AI buildout and reshoring of manufacturing. Early indications on this front are supportive with median stock capex growth running almost 10 percent, and our factor work continuing to show that the market is rewarding high capex. It's important to see these trends continue as the quarter progresses, especially this week when the hyperscalers are scheduled to report. Another point; given potential downstream cost headwinds from the Iran war, we want to see pricing power and top line durability persist. Early indications here are also supportive with sales surprises for the S&P 500 running well above average and close to 2 percent. Finally, as noted in prior podcasts, one of the last hurdles for the market to overcome was the Fed's recent hawkish pivot on higher oil prices and the transition of its leadership from Jay Powell to Fed Chair nominee Kevin Warsh. This past week, Kevin Warsh appeared in front of the Senate. He signaled some caution on near-term rate cuts, noting that inflation risks are not resolved. He also reiterated his well-established criticism of the Fed's historic willingness to intervene in markets and the economy too aggressively with its balance sheet. Every Fed Chair transition typically requires a learning period for the markets where they test the new chair's resolve and figure out how to interpret his or her communication style. This time should be no different and could lead to some corrective price action in the near-term caused by short spikes in bond volatility or stress in funding markets. In my view, the Treasury and Fed will be able to manage these risks in the end leaving the bull market intact. Thanks for tuning in; I hope you found it informative and useful. Let us know what you think by leaving us a review. And if you find Thoughts on the Market worthwhile, tell a friend or colleague to try it out!
Dave Rubin of "The Rubin Report" gives a first look to the stories you need to know to start your day including how Trump says Iran is facing internal chaos while the U.S. tightens control over the Strait of Hormuz amid ongoing nuclear negotiations; a major federal shift as medical marijuana is reclassified, signaling big changes for research, businesses, and regulation; and how the stock market is outperforming expectations with the S&P 500 surging well above historical averages during Trump's second term, raising questions about the broader economic outlook, and much more.