Podcasts about mit

Most people never escape the circumstances they're born into — Dr. Ming Wang escaped Communist China with $50 and went on to restore sight to millions. In this episode of The Root of All Success, Jason Duncan sits down with Dr. Ming Wang, a Harvard- and MIT-trained physician, laser eye surgeon, and the inventor who donated a multi-million dollar patent to help blind children worldwide. Dr. Wang breaks down how he redefined success from outcomes to effort, why he chose purpose over profit, and how perseverance rooted in faith carried him from darkness to light — both literally and spiritually. This conversation dives into: Why he completed three years of high school in weeks to escape labor camps How earning both an MD and a PhD made him a one-of-a-kind surgeon The moment he chose to donate his invention instead of cashing in Why success should be measured by effort, not results How his conversion from atheism to Christianity transformed his purpose The business lesson medical school never taught him about serving your audience first If you're facing impossible odds, searching for deeper purpose in your work, or need to redefine what success means to you — this episode will challenge everything you thought you knew about achievement.

Dare To Dream with Debbi Dachinger Rizwan Virk: The Simulation You're Living IN Rizwan “Riz” Virk joins Debbi Dachinger for a mind-expanding conversation on simulation theory, consciousness, UFOs, and what it really means to live inside a reality that may be more like a cosmic game than a physical universe. In this episode, Riz breaks down why simulation theory is no longer fringe speculation but a serious scientific, philosophical, and spiritual framework. Drawing from his work across MIT, Silicon Valley, game design, and consciousness studies, he explores how reality may operate like a programmed system, why consciousness could be the operating system itself, and how UFO phenomena, AI, and the metaverse all point toward the same underlying architecture. If you've ever questioned whether reality is solid, linear, or fixed — and wondered how awareness changes how you “play” life — this episode will rewire how you see existence. TIMESTAMPS 0:00 – Introduction: Are we living inside a simulation? 4:45 – Why simulation theory is taken seriously by scientists today 10:30 – Consciousness as the operating system of reality 17:20 – Video games, virtual worlds, and clues about how reality works 24:10 – UFOs, UAPs, and glitches in the simulation 31:05 – The Mandela Effect, djinn, and non-human intelligence 38:40 – AI, the metaverse, and humanity's next evolutionary phase 45:25 – Karma, reincarnation, and “leveling up” the game of life 52:10 – How to live with awareness inside a simulated reality 59:30 – What the future of humanity may look like inside the game 1:05:40 – Final insights on purpose, consciousness, and awakening Guest: Rizwan “Riz” Virk Rizwan “Riz” Virk is a technologist, bestselling author, futurist, investor, video game pioneer, and consciousness researcher. His work bridges simulation theory, quantum physics, AI, spirituality, and ancient wisdom traditions. Riz has studied and worked across MIT, Stanford, Cambridge, and Silicon Valley, exploring how technology and consciousness intersect to shape the future of reality. https://www.zenentrepreneur.com/

Want personalized help with your application strategy? Book a free 1:1 call with one of our Former Admissions Officers here: CLICK HERE. CURRENT INGENIUS PREP 2025-2026 EARLY ADMISSIONS RESULTS: 17 offers from Harvard, Yale, Princeton, Stanford & MIT. 33 Ivy League offers.  50 offers from top 10 schools. 96 offers from top 20 schools, and also 135 offers from top 30 schools. In this episode, we break down 2025-2026 early admissions results, 2026 college admissions trends, deferrals, testing policies, and what colleges are prioritizing this year. --- Register for our upcoming webinars. We also offer tons of free resources on our website/blog.  Questions, comments, or topic requests? Email jilian.yong@ingeniusprep.com. To learn more about InGenius Prep, visit us at ingeniusprep.com.

EVEN MORE about this episode!In this milestone episode of the Ask Julie Ryan Show, Julie Ryan announces the launch of Medical Intuitive Training (MIT), a powerful new program combining concise video instruction with live practice groups that have supported over 400 students worldwide. Learn how intuitive skills are strengthened through community, validation, and consistent practice.Julie is joined by Angelic Attendant Training™ graduate and MIT practice group facilitator Erin, who shares why safe, supportive practice spaces are essential for trusting intuitive medical information. The episode also revisits Amanda's remarkable hormone-healing journey, highlighting real improvements using bioidentical hormones and debunking common myths around estrogen and thyroid health. This episode blends groundbreaking training, real-world healing, and eye-opening medical insights.Episode Chapters:0:00:00) - Welcome and MIT Course Launch Announcement(0:01:00) - Medical Intuitive Training Overview and Details(0:04:00) - Meet Erin: MIT Practice Facilitator Introduction(0:06:00) - The Power of Practice Groups and Safe Spaces(0:09:00) - Validation Through Shared Intuitive Experiences(0:11:00) - Six AAT Graduate Practitioners and MIT Website Tour(0:47:00) - Amanda's Bioidentical Hormone Success Story(0:52:00) - Estrogen Dosage Guidance and Heart Palpitations(0:53:00) - Thyroid vs. Hormonal Symphony Discussion(0:55:00) - Bioidentical vs. Synthetic Hormones Explained(0:56:00) - HHS Statement and Cancer Myth Debunking➡️Subscribe to Ask Julie Ryan YouTube➡️Subscribe to Ask Julie Ryan Español YouTube➡️Subscribe to Ask Julie Ryan Português YouTube➡️Subscribe to Ask Julie Ryan Deutsch YouTube➡️Subscribe to Ask Julie Ryan Français YouTube✏️Ask Julie a Question!

Sei es in Kreuzberg, bei Reisen Reisen oder mit eurer Smartphone-Kamera - manchmal entstehen die besten neuen Wege genau dort, wo man sie nicht geplant hat. Zum Beispiel haben wir einen neuen Podcast-Feed. Mit noch mehr Reise-Inhalten, frischen Formaten und einer Foto-Masterclass mit einem ausgezeichneten Profi-Foto-Künstler. Noch mehr Raum für Ideen, für Begegnungen und kleine Reisen im Kopf also. Und dann ist da dieser Gedanke an den Samstag - unser Lieblingstag. Berlin fühlt sich samstags anders an. Die Stadt ist wach, aber nicht hektisch, offen, aber nicht laut, und irgendwo zwischen Frühstückstisch, Kiezspaziergang und spätem Abend entsteht dieses besondere Gefühl von Freiheit. Der Tag beginnt in Kreuzberg, zwischen Altbaufenstern, Kaffeeduft und einem Kiez, der sich seit Jahrzehnten immer wieder neu erfindet. Man läuft, bleibt hängen, isst Tacos, sitzt am Wasser und merkt, dass Berlin seine Magie oft genau dort entfaltet, wo man nichts erzwingen will. Später geht es nach Mitte, in Orte, die zeigen, wie gut deutsche Küche 2026 sein kann und wie entspannt ein Abend wird, wenn man einfach den Rest passieren lässt.Diese Folge ist eine Einladung, Neues auszuprobieren und Bekanntes neu zu sehen - im Reisen-Reisen-Kosmos ebenso wie in dieser Stadt.Wenn ihr Lust habt, lasst euch treiben und kommt mit auf diese Weekender-Episode.---Unseren neuen Podcast-Feed “UNTER FREUNDEN” findet ihr überall, wo es Podcasts gibt.Unsere Werbepartner findet ihr hier.Kommt zu einer unserer LIVE-Shows:24.2.2026 Hamburg26.2.2026 München11.4.2026 Mannheim (SWR Podcastfestival)Tickets gibt es HIER.Foto-Credit: Thomas Rabsch (Instagram)Mehr Reisen Reisen gibt es hier.Noch mehr Reisen Reisen gibt es in unserem Newsletter-Magazin.---Le BonEin Frühstücksklassiker im Graefekiez mit entspannter Atmosphäre, viel Holz, Licht und Berliner Gelassenheit. Perfekt für lange Samstage mit exzellentem Kaffee, Eggs Benedict und legendären Pancakes.https://www.instagram.com/lebonberlin/GraefekiezEin ruhiger, grüner Teil Kreuzbergs zwischen Landwehrkanal und Hasenheide. Ideal zum Schlendern, Kaffeetrinken und Entdecken kleiner Läden, ohne das raue Berlin-Klischee.https://www.visitberlin.de/de/graefekiezMellowEin kleines Stück Portugal mitten in Berlin. Bekannt für Pastéis de Nata, Scones mit eigenem Twist und handwerkliches Gebäck, perfekt für den zweiten Kaffee des Tages.https://www.instagram.com/mellow.berlin/Tacos El ReyEines der wenigen Orte in Berlin, an denen Tacos wirklich ernst genommen werden. Authentisch, konzentriert und besonders bekannt für den Rib-Eye-Taco.https://www.instagram.com/tacoselrey/AdmiralsbrückeEin Berliner Treffpunkt am Wasser, an dem Menschen sitzen, Musik machen und einfach bleiben. Besonders am Wochenende ein Ort für echtes Kiezgefühl.https://www.visitberlin.de/de/admiralsbrueckeAnkerklauseUrberliner Kneipe direkt am Landwehrkanal mit Blick aufs Wasser. Drinnen rustikal, draußen im Sommer einer der schönsten Plätze der Stadt.https://www.instagram.com/ankerklause.berlin/TrioDeutsche Küche ohne Schnickschnack, aber mit maximaler Qualität. Klassiker wie Königsberger Klopse oder Senfeier neu gedacht, dazu entspannte Atmosphäre und offene Küche.https://www.instagram.com/trio.berlin/Bar FreundschaftEine elegante, zurückhaltende Bar mit großer Weinauswahl und sehr persönlicher Beratung. Ideal für lange Abende, bei denen man einfach sitzen bleibt.https://www.instagram.com/barfreundschaft/ Hosted on Acast. See acast.com/privacy for more information.

In this episode of Money Tales, our guest is Joyce Chung. Joyce grew up in Honolulu with immigrant parents who modeled discipline, frugality and a deep commitment to education, even though money was rarely discussed out loud. After leaving Hawaii for MIT and later building a career in tech and venture capital, Joyce found herself learning a whole new relationship with risk, wealth and what it means to use money with intention. In our converssation Joyce shares how those lessons shaped the biggest financial choices in her family and inspired the mission behind her foundation. Joyce began her career in operating roles in the technology industry (Cambridge Technology Partners, Sony Corporation, Adobe Systems) and transitioned to early stage venture capital (Adobe Ventures, Cardinal Venture Capital, Garage Technology Ventures), investing in technology entrepreneurs looking to change the world. She has always had a passion for innovation and entrepreneurship and working with people that are excited about using creativity, technology and hard work to solve real world problems. In 2023, she pivoted to focusing on philanthropy to help address pressing needs and challenges in the areas of community resilience, entrepreneurship and environment. Joyce and her husband set up Makahakama Foundation, a foundation to channel their efforts in giving back to their local community, helping under-resourced entrepreneurs and supporting nature through conservation and innovation. Supporting mission-driven individuals and nonprofit organizations brings together the causes of importance to her family and the skills she has developed over her career. She holds an SB in Chemical Engineering from MIT and an MBA from Stanford Graduate School of Business. When Purpose Becomes a Plan Joyce's journey from an immigrant upbringing shaped by frugality and resilience to building the Makahakama Foundation shows how wealth can become a catalyst for meaningful change. Guided by the Aloha spirit and deeply held family values, Makahakama focuses on community resilience, under-resourced entrepreneurs, and environmental stewardship. It's a powerful reminder that philanthropy isn't just about giving. It's about being intentional, taking thoughtful risks, and creating impact you can see in your lifetime. If you're thinking about how to give back more intentionally, an Aspiriant advisor can help you explore philanthropic strategies, structure a foundation or donor-advised fund, and align your wealth with the causes and values that matter most to you and your family. Follow Money Tales on Spotify, Apple Podcasts, or YouTube Music for more real stories about money, purpose, and using wealth to make a difference.

Simulation Theory, Consciousness, UFOs, and the Future of Humanity with Riz Virk✨ Podcast Highlight Bullets• Why simulation theory is no longer science fiction but a serious scientific and spiritual conversation • How consciousness may be the operating system of reality itself• What UFOs, AI, and the metaverse reveal about who we are and where we're headed• How to “play the game” of life with awareness, purpose, and powerGet your tickets for L.A. Conscious Life Expo to hear the amazing presenters, including Riz and Debbi, Feb 20-23, 2026: ⁠https://debbiDachinger.com/cle⁠What if your life isn't just happening to you but is being played, leveled, and upgraded like a cosmic game? Rizwan “Riz” Virk joins us to reveal why simulation theory, the metaverse, and consciousness itself may hold the keys to navigating reality, accelerating awakening, and understanding what's coming next for humanity. He is a multifaceted technologist and thinker: an entrepreneur, video game industry pioneer, investor, indie film producer, bestselling author, futurist, and academic. Riz operates where MIT, Stanford, Cambridge, Silicon Valley, and the biggest questions about reality quietly converge. He is here to take us inside the frontier where technology meets consciousness and to explore what simulation theory, AI, and virtual worlds reveal about who we are, where we're headed, and how reality itself may work. ⁠https://www.zenentrepreneur.com/⁠Enter a world of channeling, ET's, metaphysics & multidimensional truth. Dare to Dream reveals what most shows won't touch — and what your soul's been asking for.Free Starseed Report: ⁠debbidachinger.com/starseed⁠IG: @daretodreampodcast @debbidachingerHosted by Debbi Dachinger, award-winning broadcaster, shamanic healer, & book launch mentor for authors ready to rise. #debbidachinger #daretodreampodcast #podcast #simulationtheory #metaverse #consciousness #FutureOfReality #quantummind #UFOs #aiandhumanity #virtualworlds #awakening #techandspirituality #RealityHacks #RizVirk #videogames #djinn #mandelaeffects #quantummechanicsBecome a supporter of this podcast: https://www.spreaker.com/podcast/dare-to-dream-with-debbi-dachinger--1980925/support.

In this powerful episode of The MisFitNation, host Rich LaMonica welcomes U.S. Army Veteran Cait Conley—a West Point graduate, Bronze Star recipient, counterterrorism leader, and candidate for Congress in New York's 17th District. A fourth-generation Hudson Valley native from working-class roots, Cait felt her calling to serve on September 11th while still in high school. That moment led her to the United States Military Academy at West Point, where she graduated in the top 2% of her class, later earning advanced degrees from MIT and Harvard. Cait served 16 years on active duty, deploying overseas six times to places like Iraq and Afghanistan and earning three Bronze Stars for exceptional leadership and performance in combat operations. After the military, her service continued at the highest levels of government—as Director of Counterterrorism on the National Security Council, at CISA, and working directly with Congress to protect America's national security, critical infrastructure, and democratic institutions. Now, Cait is once again answering the call—this time running for Congress to continue serving the people of her community and country. This episode dives deep into leadership, service, national security, sacrifice, and why veterans matter in public office.

Justin Reich is an Associate Professor of Digital Media at MIT in the Comparative Media Studies/Writing program and the director of the Teaching Systems Lab. He is a longtime educator and host of the TeachLab podcast. His research focuses on how learning technologies shape teaching and learning in real classrooms and what actually happens when schools adopt new tools. He brings a thoughtful, historically grounded perspective to how generative AI is transforming education.Jesse Dukes is a journalist, comedian, and audio storyteller with a long career producing narrative audio. He works with MIT's Teaching Systems Lab on The Homework Machine project, bringing teachers' and students' voices into the public conversation about AI in schools. Previously at WBEZ Chicago, he has produced award‑winning radio and documentary work and has a special talent for capturing humanity and humor in complex educational stories.Generative AI is entering classrooms quickly—but not evenly, and not without complications. In this conversation, Justin Reich and Jesse Dukes share what they've learned while creating The Homework Machine, a seven‑part narrative podcast about how students and teachers are navigating AI in real time.Complete show notes and transcript: https://mcie.org/think-inclusive/the-homework-machine-what-ai-is-really-doing-in-classrooms-1319/

AI will have at least as big an effect on society as the invention of electricity. That's the prediction of MIT's Bryan Reimer. Bryan is the co-author of the new book ‘How to Make AI Useful' in which he explores AI's power and potential to change the world. He and I sat down this week to discuss the facts, fears, and fiction around what might be the most transformational innovation of our lifetimes. Brian offers a grounded, human-centered perspective on how AI is evolving—and why most of the extreme hype and trepidation miss the point. Rather than a doomsday takeover, he frames AI as a long-term productivity tool that works best in collaboration with humans, not instead of them. Along the way, we discuss energy demands, competition between the U.S., China, and Europe, deepfakes, “oh sh*t moments,” and how everyday people can start using tools like ChatGPT right now to improve their work and lives. Bryan is a research scientist at MIT's Center for Transportation & Logistics and the MIT AgeLab. With over two decades of experience in human-centered technology research, he has become a leading voice in the future of mobility and making AI systems more practical, accessible, and beneficial for everyday use.   ✍️Please rate and review ⁠⁠Reasonably Happy⁠⁠ (DO IT!) ✍️

Welcome to the wonderful, winding world of Schauer Thoughts! This week we're meandering through new research from MIT on the rest and digest system, as well as making a sharp turn into “womb envy.” Is the rest and digest system related to womb envy? Not really. I mean, potentially? There is definitely a glandular route through the endocrine system, but I'm not taking that road today! Today I'm just covering two separate topics because I wanted to! Huzzah. Tear. Pour. Live More. Go to https://LIQUIDIV.com and get 20% off your first order with code SCHAUER at checkout. “Wait, so what are today's separate topics?” Rest & digest and then “womb envy.” Thank you again for joining me in the communal Schauer! There's a joke to be made about “womb envy” and a “baby Schauer” - please let me know if you come up with anything solid! Enjoy the episode.  Nuance for why I “don't want to get philosophical,” spoiler! It's not because I don't like philosophy, it's because we're going to get into “zero-sum” thinking and game theory and this is where people are going to argue about what economic systems are the “best” and people feel *compelled* to play devil's advocate.  Resources:  Behave: The Biology of Humans at Our Best and Worst - Robert M. Sapolsky Could It Be ADHD or… Narcolepsy? - Discover Science, November/December 2025 Edition Cancer Spreads at Night - Lea Milling Korsholm, Exploring Science Squishy Math - Kelsey Houston-Edwards, Scientific American, Ultimate Math Edition, Fall/Winter 2025 The Denial of Death - Ernest Becker  Your brain does something surprising when you don't sleep https://www.sciencedaily.com/releases/2026/01/260119234937.htm Article from Jan. 20 Attentional failures after sleep deprivation are locked to joint neuromuscular, pupil and cerebrospinal fluid flow dynamics https://www.nature.com/articles/s41593-025-02098-8 Parietal alpha frequency shapes own-body perception by modulating the temporal integration of bodily signals  https://www.nature.com/articles/s41467-025-67657-w Scientists Found the Brain Rhythm that Makes Your Body Feel Like Yours  https://www.sciencedaily.com/releases/2026/01/260114080325.htm#:~:text=Researchers%20at%20Karolinska%20Institutet%20studied,sense%20of%20self%20is%20disturbed.%22 REM alpha rhythm: diagnostic for narcolepsy? (2006 - a bit dated) https://pubmed.ncbi.nlm.nih.gov/16751726/  FDA Clears First Blood test Used in Diagnosing Alzheimer's Disease https://www.fda.gov/news-events/press-announcements/fda-clears-first-blood-test-used-diagnosing-alzheimers-disease  Europe's Journal of Psychology https://ejop.psychopen.eu/index.php/ejop/article/view/110/110.pdf Learn more about your ad choices. Visit podcastchoices.com/adchoices

In this episode of TechMagic, hosts Cathy Hackl and Lee Kebler dive into the latest developments in AI, gaming IP, and practical technology trends shaping the industry today. They explore why the current AI skepticism signals maturity, how AI solutions are moving beyond flashy features, and the rise of gaming as a prime entertainment and commercial frontier. In the second segment, Cathy interviews Adam Cohen-Aslatei, CEO of Three Day Rule, about how human-centered AI is transforming matchmaking. They discuss voice-first technology, data-driven compatibility, IRL dating resurgence, coaching as a skill, and why AI amplifies intuition rather than replacing human connection.Come for the tech and stay for the magic!Cathy Hackl BioCathy Hackl is a globally recognized tech & gaming executive, futurist, and speaker focused on spatial computing, virtual worlds, augmented reality, AI, strategic foresight, and gaming platforms strategy. She's one of the top tech voices on LinkedIn and is the CEO of Spatial Dynamics, a spatial computing and AI solutions company, including gaming. Cathy has worked at Amazon Web Services (AWS), Magic Leap, and HTC VIVE and has advised companies like Nike, Ralph Lauren, Walmart, Louis Vuitton, and Clinique on their emerging tech and gaming journeys. She has spoken at Harvard Business School, MIT, SXSW, Comic-Con, WEF Annual Meeting in Davos 2023, CES, MWC, Vogue's Forces of Fashion, and more. Cathy Hackl on LinkedInSpatial Dynamics on LinkedInLee Kebler BioLee has been at the forefront of blending technology and entertainment since 2003, creating advanced studios for icons like Will.i.am and producing music for Britney Spears and Big & Rich. Pioneering in VR since 2016, he has managed enterprise data at Nike, led VR broadcasting for Intel at the Japan 2020 Olympics, and driven large-scale marketing campaigns for Walmart, Levi's, and Nasdaq. A TEDx speaker on enterprise VR, Lee is currently authoring a book on generative AI and delving into splinternet theory and data privacy as new tech laws unfold across the US.Lee Kebler on LinkedInAdam Cohen-Aslatei BioAdam Cohen Aslatei is the CEO of Three Day Rule, one of the longest-standing matchmaking companies in the United States, with over 15 years of industry experience. With a background spanning dating app development, including roles at Bumble and the Meet Group, he brings a unique perspective on the evolution of digital dating and human connection. Adam is recognized for pioneering the integration of AI-driven matchmaking with traditional human-centered approaches, leveraging over 80,000 successful match data points to create outcomes-focused dating solutions.Adam Cohen Aslatei on LinkedInKey Discussion Topics: 00:00 Intro03:15 AI's "So What?" Question: Moving Beyond Hype to Real Utility06:22 Apple Intelligence and Gmail Show the Power of Unobtrusive AI Integration10:18 The Trough of Disillusionment: Why We're Excited About AI's Reality Check12:22 Robotic Snow Removal and Vocational Work: AI Supporting Human Infrastructure17:33 Tech Magic Transitions to New Home with Big Plans Ahead18:45 Three-Day Rule: Building AI Matchmaking on 15 Years of Real Data20:24 How AI Sentiment Analysis Detects Truth in Dating Compatibility25:28 Voice-First Technology Creates More Authentic Human Connection29:13 Why In-Real-Life Dating Experiences Beat Endless Digital Swiping31:18 Dating as a Learnable Skill: How Coaching Increases Match Success by 40%34:45 Three Day Rule's 70-80% Success Rate vs. Dating Apps' 9% Failure40:09 Gaming IP Movies and the End of Marvel Fatigue43:41 Super Mario Galaxy, Iron Lung, and the Rise of Game Adaptations46:48 Fallout Series Success: How Gaming IP Drives Video Game Sales49:51 Gaming's Hidden Economy: Slot Machines, Free-to-Play, and Esports Silos51:17 Walmart and Unity SDK: Selling Physical Products in Virtual Worlds52:04 1.1 Million Unity Developers Get New Revenue Channels Hosted on Acast. See acast.com/privacy for more information.

Die 23-jährige Judith Thijsen hat gerade einen neuen Lebensabschnitt begonnen: Sie hat sich von ihrem Freund getrennt und eine neue kleine Wohnung bezogen. Die junge Frau besucht eine Fachschule für Sozialpädagogik, freut sich auf die Eigenständigkeit und blickt voller Optimismus in die Zukunft. Doch plötzlich verschwindet sie im September 2015 spurlos. Wenige Tage später wird ihr Auto in der Nähe des Klosterforsts in Loccum entdeckt. Hier hatte Judith oft Erholung gesucht – z. B. beim Meditieren, Sonnenbaden oder Lesen. Mit großem Aufgebot durchsucht die Polizei das Waldstück, doch ohne Erfolg. Dann findet ausgerechnet ein Angehöriger die Vermisste – ermordet und abseits der Waldwege unter Ästen versteckt. Zu Gast im Tonstudio bei Rudi Cerne und Conny Neumeyer: Der damalige Chefermittler, Kriminalhauptkommissar Christoph Burghardt von der Polizeiinspektion Nienburg/ Schaumburg. Er erzählt von den ungewöhnlichen Wendungen in dem Fall und einem winzigen Beweisstück, das alles änderte. Über die Probleme mit Therapien für Straftäter gibt die forensische Psychiaterin Dr. Nahlah Saimeh im Interview Auskunft. Link zur Folge "Tödlicher Freigang" von XY gelöst: https://www.zdf.de/play/dokus/xy-geloest-106/toedlicher-freigang-true-crime-reihe-mit-sven-voss-100 *** Moderation: Rudi Cerne, Conny Neumeyer   Gast: KHK Christoph Burghardt, PI Nienburg/Schaumburg Expertin: Dr. Nahlah Saimeh Autor dieser Folge: Rüdiger Wellnitz Audioproduktion & Technik: Christina Maier Leitung Postproduktion: Stephan Gossen Produktionsleitung Securitel: Marion Biefeld Produktionsleitung Bumm Film: Melanie Graf, Nina Kuhn Produktionsmanagement ZDF: Julian Best Leitung Digitale Redaktion Securitel: Nicola Haenisch-Korus Produzent Securitel: René Carl  Produzent Bumm Film: Nico Krappweis  Redaktion Securitel: Katharina Jakob, Zoë Jungblut Redaktion ZDF: Sonja Roy, Kirsten Zielonka Regie Bumm Film: David Gromer

In this podcast, Greg welcomes back Yosi Amram, PhD, a licensed clinical psychologist and CEO leadership coach whose background spans from an Israeli military sergeant major to an MIT and Harvard-educated tech CEO. His life took a radical, life-altering turn on a massage table when, after taking his first company public, he experienced a spontaneous spiritual awakening that "blew a fuze" in his mind. This traumatic catalyst—which led to him being pushed out of his own organization—inspired Yosi to pioneer research into Spiritual Intelligence (SI). He views SI as the critical missing piece for leaders who have achieved outward success but still face soaring rates of anxiety and polarization. Yosi's approach isn't about escaping to a cave in India; it is a "middle way" where the divine meets the boardroom to reveal the spiritual sparks in everything we do. He breaks down his award-winning framework of seven dimensions—including Grace, Truth, and Wisdom—to show how "ego-looseness" and intuitive leadership are not just feel-good concepts, but powerful drivers of massive financial performance and collective well-being.

Ever wonder if type 2 diabetes can truly be reversed through lifestyle alone? Naturopathic doctor and former engineer, Dr. Beverly Yates, shares the practical, customizable steps she uses to help people improve blood sugar, lower A1C, and spot early warning signs long before diagnosis. You'll learn how meal timing, stress, sleep, strength training, and individualized nutrition can create real change without feeling deprived.   Concerned about the negative impacts of EMFs on your health? Save up to 50% on Harmoni Pendant here: https://thewellnessengineer.com/harmoni   In this episode, you'll learn: ⏰ 00:00 - Introduction ⏰ 02:29  - Mold illness and a new career path ⏰ 04:52 - Family diabetes wake up call ⏰ 07:32 - Why type 2 diabetes is super lifestyle sensitive ⏰ 08:48 - Five root causes of blood sugar problems ⏰ 12:40 - Restaurant owner's story with eight chronic conditions ⏰ 19:09 - Early warning signs of prediabetes ⏰ 24:15 - What to do if you notice symptoms ⏰ 28:24 - For those who struggle with cravings ⏰ 31:14 - Is frequent eating really necessary to keep up metabolism? ⏰ 39:53 - The ONE thing you can do to activate self-healing   Check out Dr. Beverly Yates's Bio: Dr. Beverly Yates is on a mission to help 3 Million people heal from type 2 diabetes and prediabetes. She has helped thousands of people reverse Type 2 Diabetes and Prediabetes. Dr. Yates is the author of a new book whose publication date is January 20, 2026. The title is: The Yates Protocol: 5 Simple Steps To Fix Your Blood Sugar & Reverse Type 2 Diabetes. The subtitle is:  Make Peace With Food and Never Feel Deprived Again. Her prior career as an MIT engineer helps her use health data and people's specific health goals to create practical, sustainable habits that help people heal from metabolic damage, and reverse type 2 diabetes and prediabetes. Pre-order your copy of "The Yates Protocol: 5 Simple Steps to Fix Your Blood Sugar and Reverse Type 2 Diabetes"

Forskare varnar för att AI-sammanfattningar gör oss mindre källkritiska, påverkar vår analytiska förmåga och förändrar hur hjärnan bearbetar information. Lyssna på alla avsnitt i Sveriges Radios app. Programmet sändes första gången 20251117.Generativ AI har snabbt blivit en självklar del av vardagen. Den ger oss snabba svar, sammanfattar långa texter och gör informationssökning bekvämare än någonsin. Men vad händer med vår förmåga att tänka kritiskt när vi låter algoritmer tolka världen åt oss?Forskare vid Lunds universitet och KTH ser tydliga risker: källkritiken försvagas, analytiskt tänkande utlokaliseras och hjärnan förändras när vi inte längre behöver bearbeta information på samma sätt. Studier visar att elever litar mer på AI ju mer de använder den – även när svaren är fel. Samtidigt växer en ny webbekonomi där klick och källor blir osynliga.På MIT har hjärnforskare undersökt hur språkmodeller påverkar minne och uppmärksamhet. Resultaten väcker frågor om hur tidigt vi bör introducera AI i utbildning och vilka förmågor vi riskerar att förlora. Är bekvämligheten värd priset? Och hur kan vi behålla det kritiska tänkandet i en tid där svaren alltid finns ett klick bort?Hör Olof Sundin, professor i biblioteks och informationsvetenskap vid Lunds universitet, Olov Engvall, professor i talkommunikation vid KTH i Stockholm och Nataliya Kosmyna, AI -forskare vid MIT i USA.Reporter: Anders Diamantanders.diamant@sr.seProducent: Lars Broströmlars.brostrom@sr.se

Fünf Dinge, die mit 20 alles verändert hätten: Für Trendscout Raphael Gielgen stand Lernen nie still – vom Schreiner zur globalen Zukunftsexpertise bei Vitra. Warum Leselust, Technologieverständnis, kulturelles Gespür und Disziplin nicht nur Karrieren, sondern Lebensläufe formen, erzählt Gielgen ehrlich und ohne Filter. Zwischen Scheitern, Neugier und der Kunst, im Analogen verwurzelt zu bleiben, entfaltet sich ein Lebensweg, der Möglichkeiten nie kleinredet. Du erfährst... ...wie Raphael Gielgen als Trendscout die Zukunft der Arbeit weltweit erkundet. ...warum Lesen und Neugierde entscheidende Bausteine für Erfolg darstellen. ...welche Rolle Disziplin und Sprachenlernen in Raphaels Lebensweg spielten. __________________________ ||||| PERSONEN |||||

Joshi gründete im Jahr 1997 die Punkband "ZSK". Von einer vierjährigen Pause abgesehen, ist die Band ihrer Musik treu geblieben. Mit zusätzlichen Konzerten für Kinder und Familien gelingt es Joshi, ein jüngeres Publikum für Punk zu begeistern. Daneben engagiert er sich politisch: Das Büro der von ihm ins Leben gerufenen Kampagne "Kein Bock auf Nazis" zählt mittlerweile 11 Angestellte.

A Magyar Nemzeti Bank Monetáris Tanácsa változatlanul, 6,5%-on hagyta az alapkamatot, ami nem okozott különösebb meglepetést. Ugyanakkor Varga Mihály MNB-elnök bedobott egy érdekes témát: a jegybank gondolkozik azon, hogy növelheti Magyarország az aranytartalékát: kérdés persze, hogy most van-e ennek az ideje, amikor történelmi csúcson az arany árfolyama. Mit üzenne ezzel a piacoknak az MNB?
 Műsorunk első részében ezekről a témákról kérdezzük Beke Károlyt, a Portfolio makrogazdasági elemzőjét. 

A folytatásban arról beszélgetünk Bartus Gáborral, a BME oktatójával, a Nemzeti Fenntartható Fejlődési Tanács titkárával, hogy 2026-ra Európában minden korábbinál élesebbé vált a kérdés: hogyan lehet egyszerre gyorsítani a növekedést és javítani a versenyképességet? Milyen gazdaságpolitikai eszközök és EU-s minták segíthetnek abban, hogy ne ragadjunk bele egy pazarló fejlődési pályába? A szakértő február 25-én a Planet Expo és Konferencia előadója lesz - a rendezvény a Portfolio társszervezésében valósul meg. Főbb részek: Intro − (00:00) Monetáris tanács, aranytartalék növelése − (01:41) Fenntartható fejlődés vs versenyképesség- (14:07) Kép forrása: Getty ImagesSee omnystudio.com/listener for privacy information.

Ein Jahr Trump 2.0 – und die Finanzmärkte stehen unter Dauerstress. Zölle, politische Schocks und eine historisch schwache US-Währung prägen das erste Jahr der zweiten Trump-Amtszeit. Doch wie dramatisch ist die Lage wirklich? Und was bedeutet das konkret für Anleger? In diesem Interview spricht Denise Koch (ETF Sales, Invesco) über die wirtschaftlichen und finanziellen Folgen von Trump 2.0. HINWEIS: Die Podcastfolge wurde Mitte Dezember 2025 aufgenommen. ++++++++ Nur noch bis 31.01.2026 – 30 % Rabatt: Behalte all deine Depots im Blick, analysiere deine Assets smart und optimiere deine Anlagestrategie ganz einfach – mit dem extraETF Portfolio Tracker. Exklusives Neukunden-Angebot zum Start ins Börsenjahr. Mit dem Code: 2026 erhältst du 30 % Rabatt auf alle Portfolio-Tracker-Jahresabos (Investor & Expert). Jetzt Code: 2026 einlösen & sofort sparen! https://go.extraetf.com/portfoliotracker ++++++++

SPONSORS: 1) MIRACLE BRAND: Upgrade your sleep with Miracle Made—go to https://trymiracle.com/julian and use code JULIAN to save over 40% and get a free 3-piece towel set. 2) AMENTARA: Go to https://www.amentara.com/go/JULIAN and use code JD22 for 22% off your first order. JOIN PATREON FOR EARLY UNCENSORED EPISODE RELEASES: https://www.patreon.com/JulianDorey (***TIMESTAMPS in description below) ~ Jesse Hamel is a former Air Force Lt. Colonel & AC-130 Gunship Combat Aviator. He is now CEO of Victus Technologies, a drone warfare company he founded while studying at MIT. JESSE's LINKS: X: https://x.com/jhMITgunship VICTUS: https://www.getvictus.ai/ FOLLOW JULIAN DOREY INSTAGRAM (Podcast): https://www.instagram.com/juliandoreypodcast/ INSTAGRAM (Personal): https://www.instagram.com/julianddorey/ X: https://twitter.com/julianddorey JULIAN YT CHANNELS - SUBSCRIBE to Julian Dorey Clips YT: https://www.youtube.com/@juliandoreyclips - SUBSCRIBE to Julian Dorey Daily YT: https://www.youtube.com/@JulianDoreyDaily - SUBSCRIBE to Best of JDP: https://www.youtube.com/@bestofJDP ****TIMESTAMPS**** 0:00 – Intro 01:22 – Jesse's Air Force Background, 9/11, AC-130 Gunship, Combat Years 12:35 – Warfighters & Technology, Drones vs Human Trust, The Agentic Age 23:56 – West Coast Tech Power, CCP Exploiting Open Systems, Planning for 6G 34:31 – 6G, Humans & Machines, AI, Bio-Hybrid Hellscape 48:33 – AI Arms Race: U.S. vs China, Nuclear War 59:25 – Zooming Out on Power, Governance Problems, 1984, Corruption, Term Limits 01:12:20 – Palantir, War Has Changed, Bringing Our Team Home 01:22:00 – Snowden, Moral Tradeoffs, Combat, Mission Planning, Risk of Inaction 01:31:41 – Founders & Stress, Military, Resilience, Suffering, Slaying the Daily Dragon 01:41:45 – Turning Suffering Into Growth, Anxiety, CNS Limits, Breaking Bad Habits 01:57:03 – Mortality, Meaning, Being vs Doing, The Arc of Change 02:06:38 – AC-130 Squadrons, Dawn of Drone Warfare, Afghanistan, MQ-9 Integration 02:16:54 – Predators & Reapers, Psychological Cost of Killing, First Kill 02:27:21 – Moral Injury, The Charring of the Conscience, Faith, Kierkegaard, Purity of Heart 02:37:08 – Never Arriving at the Truth, Lifelong Learning 02:40:18 – Next Ep CREDITS: - Host, Editor & Producer: Julian Dorey - COO, Producer & Editor: Alessi Allaman - https://www.youtube.com/@UCyLKzv5fKxGmVQg3cMJJzyQ - In-Studio Producer: Joey Deef - https://www.instagram.com/joeydeef/ Julian Dorey Podcast Episode 377 - Jesse Hamel Music by Artlist.io Learn more about your ad choices. Visit podcastchoices.com/adchoices

本集節目由【inyouso營養所】贊助播出 由營養師與食品技師共同研發，專為台灣人的所設計的日常營養補給品

Waymo's self-driving cars look futuristic — but what's really happening behind the scenes may surprise you. On Really? No, Really., Missy Cummings — former U.S. Navy fighter pilot, MIT-trained engineer, and one of the world's leading AI and robotics safety experts — explains why true self-driving cars don't actually exist yet, how human “remote operators” may be quietly stepping in, and the hidden technical flaws that keep autonomous vehicles from being as safe as advertised. The conversation dives into phantom braking, transparency problems, Tesla's camera-only approach, and why the hype around autonomy is racing far ahead of reality. If you've ever trusted a robot car, ridden in a Waymo, or wondered where this technology is really headed, this episode will make you rethink everything. Learn more about your ad choices. Visit megaphone.fm/adchoices

(02:20) Pills that communicate from the stomach could improve medication adherence(07:13) Innovative Solutions for Tracking Medication(10:46) The Technology Behind the Smart Pill(13:42) Conclusion and Future Implications This episode was brought to you by Mouser, our go-to source for electronics parts for any hobby or prototype. Click HERE to learn more about making healthcare smarter with electronics. Become a founding reader of our newsletter: http://read.thenextbyte.com/ As always, you can find these and other interesting & impactful engineering articles on Wevolver.com.

Mit den Wechseljahren endet die fruchtbare Zeit der Frau. Der Hormonhaushalt ändert sich radikal. Das führt bei zwei Drittel zu Beschwerden wie Hitzewallungen, Schlafstörungen, Gewichtszunahme oder Depressivität. Aber die Symptome lassen sich lindern.

Send us a textIn this episode of the EDU Coach Collective, hosts Celine Thomas and Katie Ritter sit down with Jeffrey Riley, a former Massachusetts Commissioner of Education, now leading a nonprofit initiative at MIT. The conversation shifts from simple AI tools to the broader necessity of AI literacy for students, teachers, and instructional leaders.

Donnie ist wieder da. Mit jeder Menge guter Laune, Kochtipps uuuund......den langersehnten Geschichten im Gepäck auf die ihr seit ungefähr einhundert Folgen und der längsten Rampe seit der Erfindung des Storytellings warten musstet. Endlich gibt es neuen Nachbar Content. Was ist nur passiert im Hause Donnie? Dafür müsst ihr schon die neue Folge TWHS hören. Wir hoffen, ihr seid angeschnallt??? (Don Donnie kontrolliert!) Viel Spaß...auch für alle die Jannis heißen.Codes, Support und Partner:innen von Donnie unter https://linktr.ee/dosullivanMehr von Donnie gibt es auf Twitter, Instagram, Twitch und YouTube: Donnies Hauptkanal und Donnie Uncut.Ihr wollt Donnie unterstützen? Hier geht's zur Patreon-Seite von TWHS: https://www.patreon.com/TWHSBock auf Merch? Hier geht's zu Donnies Supergeek-Shop: https://supergeek.de/de/donnieosullivan/Feedback oder Fragen an Donnie? Schick eine Mail an donnie@poolartists.de! Hosted on Acast. See acast.com/privacy for more information.

Episode 412 of The VentureFizz Podcast features Nick Leonard, CEO & Co-Founder of VoiceRun. Is voice finally having its moment? For years, it felt like the "promised land" that never quite arrived. But things are different in 2026, in many ways, and from what I've noticed is a shift in consumer behavior where voice is becoming the primary interface.  Maybe it's because the technology is so much better for basic commands like speech-to-text, but the next wave of voice AI startups are looking to completely revolutionize the game with agentic voice AI systems that don't just talk, but listen, reason, and take action in real-time. Voice is hard, though. A lot goes into building a platform that truly does voice right and if you don't get it right, whatever app or platform you are building will fail. That's exactly the gap that Nick and his team are bridging. VoiceRun is a developer-first platform for enterprise voice agents. Unlike the low-code, visual tools that often break under the weight of complex business logic, VoiceRun offers a code-first "Foundry" that gives developers the control they need to build secure, reliable, and scalable voice infrastructure. The company recently announced a $5.5M seed round led by Flybridge, with participation from RRE Ventures and Link Ventures. In this episode of our podcast, we cover: * Nick's perspective on the strategic decision for AI startups to build broad platforms versus niche industry solutions. * His journey from Muncie, Indiana, to being a track athlete at MIT and competing in the decathlon. * Getting his start working on F-135 Joint Strike Fighters at Pratt & Whitney, and the lessons learned from his previous startup and leadership roles at Jobcase and Posh Technologies. * The background story of how he and co-founder Derek Caneja landed on a developer-first platform for building enterprise voice agents. * Why they intentionally chose not to put "AI" in the company name or branding. * What truly makes a great Product Manager * And so much more!

Mit der neuen Nationalen Verteidigungsstrategie 2026 definiert das Pentagon einen klaren Kurswechsel. Die USA wollen ihre Heimat entschlossen schützen, China abschrecken und ihre Verbündeten stärker in die Pflicht nehmen. Europa soll dabei mehr Verantwortung übernehmen. Russland hingegen wird als dauerhafte, aber kontrollierbare Bedrohung eingestuft.

איך ילד שלא אהב ללכת לבית ספר הצליח לגייס 300 מיליון דולר ולמפות את מערכת החיסון האנושית? נועם סולומון, מייסד Immunai, חוזר לפודקאסט עם סיפור מדהים על מסלול חיים לא שגרתי שהוביל למהפכה ברפואה המודרנית. עם שני דוקטורטים במתמטיקה ומדעי המחשב, רקע ב-8200 ופוסט-דוקטורט ב-MIT, הוא מוביל חברה שמעסיקה כמעט 200 עובדים ועוסקת באחד התחומים המורכבים ביותר: מיפוי מערכת החיסון באמצעות בינה מלאכותית.מבוא לנועם סולומון ואמיוני איי - 0:00הרקע האקדמי והמסלול הלא שגרתי של נועם - 0:45מהאוניברסיטה בגיל צעיר לצבא ויחידה מיוחדת - 1:19המעבר מהאקדמיה ליזמות - המסלול לא היה מתוכנן - 6:27האתגרים והמגבלות של האקדמיה המודרנית - 7:56יתרונות וחסרונות של הדוקטורט מול התעשייה - 8:59החשיבות של מחקר בסיסי לעומת מחקר יישומי - 12:02מה זה אמיוני איי ומה ההבדל מחברות אפליקציה - 19:14הסבר על מערכת החיסון ולמה חשוב למפות אותה - 20:40הטכנולוגיות שמאפשרות מיפוי מערכת החיסון - 24:32איך עובדת המטריצה של תאים מול גנים וחלבונים - 25:35מהפכת האימונותרפיה בטיפול בסרטן - 28:01העבודה עם חברות תרופות כלקוחות משלמים - 31:00דוגמאות קונקרטיות לפריצות דרך ותובנות מהמחקר - 36:05האתגר של מציאת המינון והקומבינציות האופטימליות - 40:20העבודה כיועצים אסטרטגיים לתעשיית התרופות - 44:59החזון העתידי - מלונג'ביטי ועד מיליון דגימות - 47:09הקשר בין אוזמפיק מערכת החיסון ואריכות ימים - 50:51

Your host, Sebastian Hassinger, talks with Alumni Ventures managing partner Chris Sklarin about how one of the most active US venture firms is building a quantum portfolio while “democratizing” access to VC as an asset class for individual investors. They dig into Alumni Ventures' co‑investor model, how the firm thinks about quantum hardware, software, and sensing, and why quantum should be viewed as a long‑term platform with near‑term pockets of commercial value. Chris also explains how accredited investors can start seeing quantum deal flow through Alumni Ventures' syndicate.Chris' background and Alumni Ventures in a nutshellChris is an MIT‑trained engineer who spent years in software startups before moving into venture more than 20 years ago.Alumni Ventures is a roughly decade‑old firm focused on “democratizing venture capital” for individual investors, with over 11,000 LPs, more than 1.5 billion dollars raised, and about 1,300 active portfolio companies.The firm has been repeatedly recognized as a highly active VC by CB Insights, PitchBook, Stanford GSB, and Time magazine.How Alumni Ventures structures access for individualsMost investors come in as individuals into LLC‑structured funds rather than traditional GP/LP funds.Alumni Ventures always co‑invests alongside a lead VC, using the lead's conviction, sector expertise, and diligence as a key signal.The platform also offers a syndicate where accredited investors can opt in to see and back individual deals, including those tagged for quantum.Quantum in the Alumni Ventures portfolioAlumni Ventures has 5–6 quantum‑related investments spanning hardware, software, and applications, including Rigetti, Atom Computing, Q‑CTRL, Classiq, and quantum‑error‑mitigation startup Qedma/Cadmus.Rigetti was one of the firm's earliest quantum investments; the team followed on across multiple rounds and was able to return capital to investors after Rigetti's SPAC and a strong period in the public markets.Chris also highlights interest in Cycle Dre (a new company from Rigetti's former CTO) and application‑layer companies like InQ and quantum sensing players.Barbell funding and the “3–5 year” viewChris responds to the now‑familiar “barbell” funding picture in quantum— a few heavily funded players and a long tail of small companies—by emphasizing near‑term revenue over pure science experiments.He sees quantum entering an era where companies must show real products, customers, and revenue, not just qubit counts.Over the next 3–5 years, he expects meaningful commercial traction first in areas like quantum sensing, navigation, and point solutions in chemistry and materials, with full‑blown fault‑tolerant systems further out.Hybrid compute and NVIDIA's signal to the marketChris points to Jensen Huang's GTC 2025 keynote slide on NVIDIA's hybrid quantum–GPU ecosystem, where Alumni Ventures portfolio companies such as Atom Computing, Classiq, and Rigetti appeared.He notes that NVIDIA will not put “science projects” on that slide—those partnerships reflect a view that quantum processors will sit tightly coupled next to GPUs to handle specific workloads.He also mentions a large commercial deal between NVIDIA and Groq (a classical AI chip company in his portfolio) as another sign of a more heterogeneous compute future that quantum will plug into.Where near‑term quantum revenue shows upChris expects early commercial wins in sensing, GPS‑denied navigation, and other narrow but valuable applications before broad “quantum advantage” in general‑purpose computing.Software and middleware players can generate revenue sooner by making today's hardware more stable, more efficient, or easier to program, and by integrating into classical and AI workflows.He stresses that investors love clear revenue paths that fit into the 10‑year life of a typical venture fund.University spin‑outs, clustering, and deal flowAlumni Ventures certainly sees clustering around strong quantum schools like MIT, Harvard, and Yale, but Chris emphasizes that the “alumni angle” is secondary to the quality of the venture deal.Mature tech‑transfer offices and standard Delaware C‑corps mean spinning out quantum IP from universities is now a well‑trodden path.Chris leans heavily on network effects—Alumni Ventures' 800,000‑person network and 1,300‑company CEO base—as a key channel for discovering the most interesting quantum startups.Managing risk in a 100‑hardware‑company worldWith dozens of hardware approaches now in play, Chris uses Alumni Ventures' co‑investor model and lead‑investor diligence as a filter rather than picking purely on physics bets.He looks for teams with credible near‑term commercial pathways and for mechanisms like sensing or middleware that can create value even if fault‑tolerant systems arrive later than hoped.He compares quantum to past enabling waves like nanotech, where the biggest impact often shows up as incremental improvements rather than a single “big bang” moment.Democratizing access to quantum ventureAlumni Ventures allows accredited investors to join its free syndicate, self‑attest accreditation, and then see deal materials—watermarked and under NDA—for individual investments, including quantum.Chris encourages people to think in terms of diversified funds (20–30 deals per fund year) rather than only picking single names in what is a power‑law asset class.He frames quantum as a long‑duration infrastructure play with near‑term pockets of usefulness, where venture can help investors participate in the upside without getting ahead of reality.

Are your current growth strategies actually increasing your business worth—or are hidden constraints quietly keeping you stuck as your company scales? If you're feeling stretched thin, hitting growth ceilings, or wondering why scaling feels harder than it should—this episode is for you. Carl Gould breaks down the real stages of business growth and the predictable pinch points that trip up founders, especially as AI disruption accelerates change and raises the bar for how companies scale, systemize, and create long-term value. By listening, you'll walk away with: A clear framework for identifying exactly where your business is stuck—and what that says about your next growth move Practical insight into how to shift from founder-driven hustle to scalable systems without killing momentum A sharper understanding of how to build a company that's not just growing, but increasing in enterprise value and exit readiness Hit play now and steal proven growth strategies that help you scale smarter, protect your time, and build a business that's actually worth more at every stage. Check out: [~12:30] – Carl explains why most founders get stuck in Stage 3 and how ego and control quietly cap business growth [~28:45] – A clear breakdown of systems vs. flexibility—and why consistency (not creativity) is what actually scales companies [~47:10] – The moment your business becomes a true asset, including the leadership shifts that dramatically increase business worth About Carl Gould Carl Gould is a globally recognized authority on business growth and entrepreneurship who built three multi-million-dollar companies by age 40. He is the Chief Growth Advisor at 7 Stage Advisors and has mentored the launch and scaling of over 5,000 businesses, with his methodologies now used in 35 countries and by more than 7,000 certified coaches worldwide. A multi-award-winning author and speaker, Carl co-authored Blueprint for Success with Stephen R. Covey and Ken Blanchard and wrote the bestselling The 7 Stages of Small Business Success. Known for his high-energy, real-world approach, he has delivered over 1,200 keynote speeches and lectures at institutions including MIT and Rutgers.

Dieser Powertalk unterstützt dich dabei, dich täglich neu auf deinen Weg beim Abnehmen auszurichten. Mit stärkenden Worten und liebevoller Motivation hilft er dir, dranzubleiben, auf deinen Körper zu hören und dir selbst Gutes zu tun. Der Powertalk kann nebenbei angehört werden - idealerweise jeden Morgen.

Eine gute Nachricht landet selten im Flutlicht – sie findet ihren Wert im Fokus. Erik Pfannmöller, Gründer der Culture Code Foundation, zeigt, warum effiziente Messenger-Kommunikation Haltung und Klarheit verlangt. Zwischen fragmentierten Nachrichten, chaotischen Kanälen und stummen Emojis steht die Frage: Wann wird digitale Zusammenarbeit zu echter Teamkultur und wann erschöpft sie? Ein Plädoyer für Struktur, Wertschätzung und den Mut, aus dem Strom auszusteigen. Du erfährst... ...wie Erik Pfannmöller effiziente Messenger-Kommunikation gestaltet ...warum klare, strukturierte Nachrichten den Arbeitsfluss verbessern ...welche Rolle Vertrauen und Feedback in der Teamkultur spielen __________________________ ||||| PERSONEN |||||

Viele Beschwerden beginnen im Bauch – lange bevor wir sie bemerken. Dr. Friederike Feil spricht im Interview über Darmgesundheit, Kauen, Stress und warum so viele Menschenheute chronisch überfordert sind.   Probiere jetzt die unglaublich leckeren Darmprodukte von Braineffect aus. Mit dem Gutscheincode "bio360" bekommst du einen satten Rabatt! >>>Jetzt ausprobieren

Heute sprechen wir über ein Thema, das für die Zukunft des Versicherungsvertriebs entscheidend ist: Sollten Vermittler klassisch ganzheitlich beraten, oder ist eine klare Spezialisierung der Weg zum Erfolg? Und wie sinnvoll sind Vergleichsportale im Firmenversicherungsgeschäft?Dazu begrüßt Host Simon Moser die Vater-Sohn-Gründercombo von „Deine Firmenversicherung“: Frank Bergemann und Christoph Bergemann. Gemeinsam teilen sie ihre Erfahrungen aus der Versicherungsbranche, erzählen von der Gründung ihrer Expertenplattform für Firmenversicherungen und diskutieren, wie sich der Vertrieb im Gewerbesegment entwickelt. Freut euch auf spannende Insights, praxisnahe Beispiele aus dem Agentur- und Maklergeschäft und klare Meinungen dazu, wie Spezialisierung und echte Beratung den Versicherungsvertrieb zukunftssicher machen können.Viel Spaß bei einer Folge voller inspirierender Geschichten, handfester Tipps und einem Blick darauf, wie Digitalisierung und persönliche Expertise im Firmenkundengeschäft zusammenspielen!Schreibt uns gerne eine Nachricht!PPI – Inspired by Simplicity. PPI verbindet Fach- und Technologie-Know-how, um komplexe Finanzprojekte in der Versicherungs- und Bankenwelt unkompliziert umzusetzen. Mit über 800 Expert:innen, europaweit führenden Lösungen im Zahlungsverkehr und der Vision „From Paper to Pixels“ begleitet PPI ihre Kunden erfolgreich in die digitale Zukunft.

durée : 00:16:31 - Cantate BWV 156 « Ich steh' mit einem Fuss im Grabe » - Bach compose la Cantate BWV 156 « Ich steh' mit einem Fuss im Grabe » / « Je me tiens, un pied dans la tombe » à Leipzig pour le 3e Dimanche après l'Epiphanie (23 janvier 1729). Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.

Kabarettist, Kulturmanager & Unternehmer Er prägte Berlins Unterhaltungskultur über Jahrzehnte und schuf Zelt-Theater für anspruchsvolles unabhängiges Entertainment. 1977 war Holger Klotzbach Mitgründer des "Schwarzen Cafés" in Berlin, Mitglied bei "Die 3 Tornados" und seit 1992 Inhaber & Geschäftsführer der "Bar jeder Vernunft". 2002 folgte das Veranstaltungszelt "Tipi am Kanzleramt". Mit seinem Tod verliert Berlin einen Kulturpionier. Am 30. Januar 2026 wäre Holger Klotzbach 80 Jahre alt geworden.

Wir sprechen über Caris Spitznamen, was der Ausdruck "in der Patsche sitzen" bedeutet und feiern die Kreativität unserer Community bei der Kategorie "Top oder Flop". Mit dabei: Dinosaurier, Brücken, Zahlen und deutsches Bier. In den Empfehlungen der Woche gibt es ein Spiel zum Deutschlernen und eine Zeitmaschine für alle, die gern MTV geschaut haben. Außerdem beantworten wir eure Fragen und verraten, was wir aktuell privat lernen und ob wir uns schon mal gestritten haben.   Transkript und Vokabelhilfe Werde ein Easy German Mitglied und du bekommst unsere Vokabelhilfe, ein interaktives Transkript und Bonusmaterial zu jeder Episode: easygerman.org/membership   Werbung italki: Bekomme 5 € Rabatt auf deine erste Stunde (ab 10 €), wenn du dich auf jetzt registrierstund den Code GERMAN4 benutzt.   Erinnerung: Nur noch eine Woche Bewerbungsfrist für die Summer School! Ihr könnt euch noch bis zum 2. Februar 2026 für die diesjährige Summer School bewerben: easygerman.org/summerschool   Ausdruck der Woche: in der Patsche sitzen Patsche (Wiktionary) die Patsche (DWDS)   Das ist schön: Eure Top-oder-Flop-Ideen Eine Stadt hat alle Brücken von den Euro-Scheinen nachgebaut (Travelbook)   Empfehlungen der Woche Woertle MTV Rewind   Eure Fragen Efe fragt: Habt ihr euch früher nicht gemocht und auch mal so richtig gestritten? Ein Skateboard fahrender, Salsa tanzender, Cocktail mixender Programmierer, der in der Wildnis überleben kann und jeden Morgen in Eis badet (Easy German Podcast 59) Antonia fragt: Lernt ihr neue Dinge, die nichts mit eurer Arbeit zu tun haben? Hast du eine Frage an uns? Auf easygerman.fm kannst du uns eine Sprachnachricht schicken.   Support Easy German and get interactive transcripts, live vocabulary and bonus content: easygerman.org/membership

This episode dives into the future of longevity, healthspan, and proactive healthcare with Dr. Matt Kaeberlein, a world-renowned longevity expert and CEO of Optispan. He shares his unlikely "comic book origin story," from playing in rock bands and working blue-collar jobs to becoming a leading scientist at MIT and a founder of multiple longevity initiatives including the Dog Aging Project. The conversation breaks down the difference between lifespan and healthspan, why lifestyle "four pillars" (eat, move, sleep, connect) matter most, and how simple shifts like cutting ultra-processed foods can dramatically improve long-term vitality. Dr. Kaeberlein also explores the promise and pitfalls of AI in healthcare, why longevity is not just for billionaires, and how Optispan aims to use advanced diagnostics and personalized, science-backed care to reclaim 10–20 years of higher-quality life for everyday people. Along the way, he gives pragmatic takes on GLP‑1 drugs, creatine, supplements, microplastics, and the mindset shift of "choose love, not fear" as a guiding principle for a longer, better life.   Dr. Kaeberlein is also the host of The Optispan Podcast, a top-rated show with tens of thousands of loyal listeners. Through both the podcast and his growing Instagram presence (@mkaeberlein), he breaks down complex topics—from gut health to cellular aging—bringing scientific clarity to a crowded wellness landscape.   Is there a guest you want Equalman to interview on the podcast? Do you have any questions you wish you could ask an expert? Send an email to our team: Equalman@equalman.com   5x #1 Bestselling Author and Motivational Speaker Erik Qualman has performed in over 55 countries and reached over 50 million people this past decade. He was voted the 2nd Most Likable Author in the World behind Harry Potter's J.K. Rowling.   Have Erik speak at your conference: eq@equalman.com   Motivational Speaker | Erik Qualman has inspired audiences at FedEx, Chase, ADP, Huawei, Starbucks, Godiva, FBI, Google, and many more on Focus and Digital Leadership.   Learn more at https://equalman.com

Was wollen die Tech-Milliardäre wirklich? Ist es Macht, ist es Geld, ist es die totale Kontrolle über Informationen? Oder ist es gar die Weltherrschaft? Darüber haben wir nicht nur in unserer gestrigen Folge von "Thema des Tages" gesprochen, sondern auch kürzlich im Rahmen einer STANDARD-Veranstaltung namens “Europa im Diskurs". Das sind hochkarätige Diskussionsrunden, die im Burgtheater stattfinden. Und wir dachten, das könnte euch auch als Podcast zum Nachhören interessieren. Über die Macht der Techbros haben die italienische Innovationsökonomin Francesca Bria, die niederländische Politikerin Marietje Schaake, die österreichische Wissenschaftlerin Helga Nowotny und die britische Filmemacherin Beeban Kidron diskutiert. Moderiert hat IWM-Rektor Misha Glenny. Die Diskussion wurde auf Englisch geführt. Sagt uns gerne in den Kommentaren, wie euch unsere Diskurs-Reihe “Europa im Dikurs” zum Nachhören gefällt und ob ihr an weiteren Ausgaben interessiert seid. Die nächste Ausgabe zum Thema “Meinungsfreiheit unter Druck” findet am 8. März statt. Karten dazu findet ihr im Vorfeld über die Webseite des Burgtheaters. STANDARD-Abonnenten erhalten einen Rabatt. **Hat Ihnen dieser Podcast gefallen?** Mit einem STANDARD-Abonnement können Sie unsere Arbeit unterstützen und mithelfen, Journalismus mit Haltung auch in Zukunft sicherzustellen. Alle Infos und Angebote gibt es hier: [abo.derstandard.at](https://abo.derstandard.at/?ref=Podcast&utm_source=derstandard&utm_medium=podcast&utm_campaign=podcast&utm_content=podcast)

Mit der ersten Speakeasy-Bar im neuen Jahr gibt es etwas Neues: Noch immer werden die Publikumsfragen den Kern des Formats ausmachen, darüber hinaus möchten wir aber aktuelle Entwicklungen diskutieren. Wir sprechen über Trumps völkerrechtswidrigen Angriff auf Venezuela und fragen uns, ob wir hier mit Lenins Imperialismustheorie oder eher mit Carl Schmitt Großraumtheorie weiterkommen.Außerdem wollen wir uns mit dem SPD-Vorschlag zur Erbschaftssteuer beschäftigen, der zwar von den Familienunternehmen erwartungsgemäß abgelehnt wird, aber durchaus Zustimmung nicht nur bei den Linken erfährt. Fragen aus dem Publikum gibt es dieses Mal u.a. zum Thema Vermögenssteuer, LAP Coffee, zum Sinn und Unsinn immer wiederkehrender Forderungen eines Böllerverbots. Außerdem: Fragen zur Position Deutschlands in der EU, zum Effektiven Altruismus und zu unseren „Lieblingsgründen“ für die Bundeswehr.Mehr dazu von Ole Nymoen und Wolfgang M. Schmitt in der Speakeasy-Bar! Unsere Zusatzinhalte könnt ihr bei Apple Podcasts, Steady und Patreon hören. Vielen Dank!Apple Podcasts: https://podcasts.apple.com/de/podcast/wohlstand-f%C3%BCr-alle/id1476402723Patreon: https://www.patreon.com/oleundwolfgangSteady: https://steadyhq.com/de/oleundwolfgang/aboutTermine: Am 27. 1. ist Ole in Marburg:https://www.kfz-marburg.de/programm/ole-nymoen-warum-ich-niemals-fur-mein-land-kampfen-wurde Am 28. 1. sind Ole und Wolfgang in Gießen:https://www.jokus-giessen.de/seiten/ole26.php Am 29. 1. ist Ole in Hannover: https://www.instagram.com/p/DTTH7nnDOJ6/ Am 3.2. ist Wolfgang in Frankfurt:https://www.spd-bockenheim-ffm.de/2025/12/15/polittalk-mit-ina-harwig-und-wolfgang-m-schmitt/ Am 13.2. sind Ole und Wolfgang mit ihrem Schlager-Abend in Hamburg: https://tickets.centralkomitee.de/product/91256/wolfgang-m-schmitt-ole-nymoen-centralkomitee-hamburg-am-13-02-2026

Jetzt hat es sie doch erwischt! Mit dem 1:2 gegen Augsburg kassieren die Bayern ihre erste Bundesliga-Niederlage seit März. Es ist die erste Pleite nach zuvor 27 ungeschlagenen Spielen. Auch Frankfurt verliert weiter, diesmal 1:3 gegen Hoffenheim. Wir analysieren die Partien vom Bundesliga-Samstag im Detail. Der tägliche Fußball-Podcast mit André Albers, Kilian Gaffrey und Niklas Heising! Stammplatz erscheint jeden Tag, wirklich JEDEN Tag! Wer hier zuhört, gibt beim Thema Fußball immer den Ton an! Stammplatz – tägliche Fußball-News

Norwegen? Guatemala? Oder Namibia? Maya-Kultur und Karibik, Safari und Wüsten-Roadtrip oder Interrail von Schottland bis in die Türkei? Einmal im Jahr kommen Deutschlands größte Reise-Podcasts zusammen: Weltwach und Reisen Reisen. Erik, Michael und Jochen. Zusammen freuen wir uns auf das Reise-Jahr 2026, schmieden Pläne, geben Inspirationen und Tipps. Botswana oder Namibia? Urlaub auf einer Farm ganz in der Nähe? Vulkan-Wanderungen mit Baby? Mit der Fähre durch die griechische Inselwelt? Urlaub in einer der schönsten Kolonialstädte Mittelamerikas? Reisen zu weltweiten Sport-Ereignissen? Lese-Urlaube? Die schönsten Bahnstecken Europas? Oder ganz tief in die Musikszene Nigerias und Ghanas eintauchen? Neben vielen potenziellen Traum-Reisezielen sinnieren wir in dieser Folge außerdem über internationale Reisetrends und ob die wirklich Sinn machen. Viel Spaß!Erik, Michael & Jochen----------------------------------Redaktion & Postproduktion: Erik Lorenz----------------------------------Dieser Podcast wird auch durch unsere Hörerschaft ermöglicht. Wenn du gern zuhörst, kannst du dazu beitragen, dass unsere Show auch weiterhin besteht und regelmäßig erscheint. Zum Dank erhältst du Zugriff auf unseren werbefreien Feed und auf unsere Bonusfolgen. Diese Möglichkeiten zur Unterstützung bestehen:Weltwach Supporters Club bei Steady. Du kannst ihn auch direkt über Spotify ansteuern. Alternativ kannst du bei Apple Podcasts UnterstützerIn werden.----------------------------------WERBEPARTNERhttps://linktr.ee/weltwach Hosted on Acast. See acast.com/privacy for more information.

Vielleicht kennst du das: Du hattest mal Pläne. Träume. Vorsätze. Und irgendwann hast du aufgehört, sie ernst zu nehmen. Nicht, weil sie dir egal sind – sondern weil du müde geworden bist, dich selbst zu enttäuschen. Du sagst Sätze wie: „Gerade ist einfach nicht die richtige Zeit.“ „Mit meinem Körper / meinem Alter / meinen Hormonen geht das halt nicht mehr.“ „Eigentlich ist mein Leben doch okay.“ In dieser Folge spreche ich über die Angst vor Enttäuschung, die sich oft als Vernunft tarnt – und dich davon abhält, für dich loszugehen. Wir schauen darauf, warum dein Gehirn dich schützen will. Warum Aufgeben sich manchmal nach Selbstliebe anfühlt. Und warum dein Körper nicht das Problem ist. Wenn du spürst, dass da noch mehr für dich möglich wäre – und du trotzdem immer wieder zurückruderst, dann ist diese Folge für dich.

If you've ever looked in the mirror and felt “not good enough,” questioned your worth based on your appearance, or worried about the messages we're passing down to the next generation… this episode is for you. In this episode of HEAL with Kelly, I'm joined by the incredible Taryn Brumfitt — award-winning filmmaker, bestselling author, and the force behind the global Body Image Movement. Together, we explore the beliefs we inherit, the pressures we internalize, and the quiet, exhausting battles so many of us carry in our minds and bodies.  We talk about the subtle ways culture shapes our self-perception, how perfectionism shows up in unexpected places, why so many of us struggle to feel at home in our bodies, and what it truly means to choose compassion over criticism — for ourselves and for our kiddos. This conversation is honest, expansive, and deeply human. It's an invitation to rethink the stories we've been told, reconnect with our own inner wisdom, and begin practicing a gentler, more grounded relationship with our bodies. Key Moments You'll Love ✨

Wie immer ist der erste Teil unseres Programms aktuellen Ereignissen gewidmet. Wir beginnen mit dem Freihandelsabkommen zwischen der EU und dem südamerikanischen Staatenbund Mercosur, der aus Argentinien, Brasilien, Paraguay und Uruguay besteht. Danach sprechen wir über die Bemühungen der EU, angesichts der sich rasant verändernden Weltordnung geeint zu bleiben. In unserem Wissenschaftsteil diskutieren wir heute über die weltweiten Geburtenraten, die schneller sinken als von Experten vorhergesagt. Ein solcher Rückgang lässt für die nahe Zukunft eine Schrumpfung der Weltbevölkerung erwarten. Und zum Schluss sprechen wir über die Erhöhung der Eintrittspreise des Louvre in Paris für die meisten nicht-europäischen Besucher. Der Rest des Programms ist der deutschen Sprache und Kultur gewidmet. Die heutige Grammatiklektion konzentriert sich auf Verbs with Prepositions – (Part 3). Es geht um den Börsencrash, oder den sogenannten „Schwarzen Freitag", am 25. Oktober 1929. Er führte zu einer Massenarbeitslosigkeit in Deutschland und ließ die politische Stimmung kippen – mit verheerenden Folgen. Unsere Redewendung diese Woche ist Mit jemandem durch dick und dünn gehen. Wir werfen einen tieferen Blick auf den demografischen Wandel in Deutschland. Das Bild, das sich ergibt, ist klar: Die Ehe befindet sich im Rückzug.   EU und Mercosur-Staaten unterzeichnen umstrittenes Handelsabkommen Europa unter Druck: Zusammenhalt in einer neuen Weltordnung Modelle prognostizieren schnelleres Schrumpfen der Weltbevölkerung als erwartet Der Louvre wird teurer für ausländische Touristen Der Börsencrash von 1929 in Deutschland Die Ehe im Rückzug

In this episode, I was lucky enough to interview Bill Near, Founder and CEO of Helios, a performance wearable helping hockey players and teams improve faster through motion-based data and video integration. Bill breaks down Helios' first-principles approach to avoiding “tech fatigue” by delivering recurring, practical value—most notably through time-saving video workflows and emerging AI-driven coaching insights that turn raw data into actionable development guidance for players and parents alike.Bill also shares the personal and technical journey behind Helios, from growing up playing hockey in New Hampshire to studying engineering at MIT and recognizing a critical gap in player development technology. He explains how Helios was built as a zero-infrastructure solution using motion sensors rather than rink-based tracking, enabling scalable adoption across youth, collegiate, and professional levels. Be inspired by Bill Near's clear-eyed take on data, coaching, and building technology athletes actually stick with on in this episode of The First Customer!Guest Info:Helioshttps://helioshockey.com/Bill Near's LinkedInhttps://www.linkedin.com/in/billnear/Connect with Jay on LinkedInhttps://www.linkedin.com/in/jayaigner/The First Customer Youtube Channelhttps://www.youtube.com/@thefirstcustomerpodcastThe First Customer podcast websitehttps://www.firstcustomerpodcast.comFollow The First Customer on LinkedInhttp://www.linkedin.com/company/the-first-customer-podcast/

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