Podcasts about Murmansk

Oggi, 28 marzo 2025, due potenti scosse di magnitudo 7,7 e 6,4 con epicentro a Mandalay, in Myanmar, hanno colpito il paese e la vicina Thailandia. Ci descrivono la situazione Massimo Morello, giornalista del Foglio a Bangkok e Guido Calvi, responsabile AVSI progetti in Myanmar.Il presidente Vladimir Putin ha lanciato l’idea di “un’amministrazione transitoria” sotto l’egida dell’ONU in Ucraina. Ha anche parlato al Forum Artico a Murmansk sottolineando gli interessi statunitensi verso la Groenlandia e ribadendo l’impegno russo nella regione dell’Artico. Ne parliamo con Carolina De Stefano, professoressa di storia e politica russa alla Luiss, editorialista de Il Sole 24 Ore, autrice di “Storia del potere in Russia - Dagli zar a Putin”, edito da Morcelliana.A Istanbul proseguono le proteste scoppiate dopo l’arresto del sindaco della città, Ekrem Imamoglu. Ce ne parla Riccardo Gasco, Visiting Research Fellow dell’Istanbul Policy Center.

Präsident Putin spricht vor einem Atom-U-Boot in Murmansk über Frieden in der Ukraine │ Eine Übergangsregierung in Kiew ist nicht nur für Selenskyj undenkbar │ Internationale diplomatische Offensiven zielen auf Frieden in der Ukraine │ Israel attackiert den Süden von Beirut │ Menschen im Westjordanland fürchten weitere Kämpfe

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Getting close to higher and higher highs... Economic reports holding strong! Oil on the move, VIX stable – what could go wrong? Guest: Vitaliy Katsenelson explains value investing and what he looks for in great stocks. His "Three Pillars" of quality are an important aspect of his research and what he looks for in companies that he plans to invest in for the long haul. NEW! DOWNLOAD THIS EPISODE'S AI GENERATED SHOW NOTES (Guest Segment) Follow @andrewhorowitz Vitaliy Katsenelson, born  and raised in Murmansk, Russia (the home for Russia‘s northern navy fleet, think Tom Clancy‘s Red October). Immigrated to the US from Russia in 1991 with all his  family three brothers, father, and stepmother. His  professional career is easily described in one sentence: He invest, He educates, he writes, and he could not dream of doing anything else. He is Chief Investment Officer at Investment Management Associates, Inc (IMA), a value investment firm based in Denver, Colorado. After he received his  graduate and undergraduate degrees in finance (cum laude) from the University of Colorado at Denver, and finished his  CFA designation, he wanted to keep learning. He figured the best way to learn is to teach. At first he taught an undergraduate class at the University of Colorado at Denver and later a graduate investment class at the same university that he designed based on his  day job. He found that the university classroom was not big enough, so he started writing. He writes a monthly column for Institutional Investor Magazine and he has  written articles for the Financial Times, Barron‘s, BusinessWeek, Christian Science Monitor, New York Post, and the list goes on. He was profiled in Barron‘s, and has  been interviewed by Value Investor Insight, Welling@Weeden, BusinessWeek, BNN, CNBC, and countless radio shows. Vitaliy has authored the Little Book of Sideways Markets (Wiley, 2010) and Active Value Investing (Wiley, 2007). Follow @vitaliyk Check this out and find out more at: http://www.interactivebrokers.com/ More information available on Horowitz & Company's TDI Managed Growth Strategy Stocks discussed this week - (GLD), (SLV), (OIL), (XLE), (UBER), (COIN)

I dagens episode tar vi for oss de siste nyhetene fra krigen i Ukraina, snakker om Vladimir Putins maratonpressekonferanse og svarer på et lytterspørsmål om hvordan man kan gi en julegave til Ukraina.See omnystudio.com/listener for privacy information.

Today we see that the U.S. and UK officially approved Long-Range Attacks into Pre-War with Russia. The truth is, is Russia decides they have had enough, it is us, here in America, who will be hit by their missiles. NATO has been caught directly attacking Russia. A A-22 Foxbat Aircraft were launched today from Finland and attempted to attack Russia’s Olenya Base in Murmansk. 00:00 – Casus Belli 01:15 – U.S. Approve long Range Attacks 10:15 – Dumitru’s Warning 12:54 – NATO Caught 15:11 – Pre-War Phase 18:35 – How does Israel Fit in? 20:23 – Full Scale War Plan 22:46 – Why the Exodus from the Dollar? 23:55 – Our Sponsors

Today we see that the U.S. and UK officially approved Long-Range Attacks into Pre-War with Russia. The truth is, is Russia decides they have had enough, it is us, here in America, who will be hit by their missiles. NATO has been caught directly attacking Russia. A A-22 Foxbat Aircraft were launched today from Finland and attempted to attack Russia’s Olenya Base in Murmansk. 00:00 – Casus Belli 01:15 – U.S. Approve long Range Attacks 10:15 – Dumitru’s Warning 12:54 – NATO Caught 15:11 – Pre-War Phase 18:35 – How does Israel Fit in? 20:23 – Full Scale War Plan 22:46 – Why the Exodus from the Dollar? 23:55 – Our Sponsors

We have asked the question before: does Vladimir Putin's full-scale invasion of Ukraine put superpowers on a collision course? With the revelation that Iran is supplying Russia with not just drones but ballistic missiles, allies strongly suggest that a UK-US summit in Washington this Friday could, on the quiet, mean the end to the Biden administration's restrictions on Ukraine using the long-range missiles it provides for strikes deep inside Russia.  Already Kyiv is growing bolder in response to the Kremlin's relentless targeting of its critical infrastructure, with Ukrainian drones this week hitting a military airport near Moscow and aiming for bases in Murmansk, all the way on the Arctic Sea. What would be legitimate targets for US-made ATACMs and Franco-British-made Storm Shadows? In view of Tehran's role, could war in the Middle East and tensions in eastern Europe conflate into one?On that score, we hear what the candidates for US president had to say in their Tuesday showdown. How is that electoral campaign weighing on the military campaign between Russia and Ukraine?Produced by Andrew Hilliar, Rebecca Gnignati and Ilayda Habip. 

Rapporter om utslaget ryskt bombflyg i Murmansk. Dessutom är de eftertraktade F16-planen nu på plats i Ukraina. Lyssna på alla avsnitt i Sveriges Radio Play. Vi avhandlar en del av vad som hänt i sommar. F16-planen ska vara framme, mordplaner på företagsledare inom försvarsindustrin i Europa och domar mot en rad journalister, där en fångutväxling med USA tycks nära.Dessutom har Ukrainas försvarschef gett en exklusiv intervju där han säger sig veta hur kriget ska vinnas.Gäster: Joakim Paasikivi, militärexpert och tidigare överstelöjtnant. Stefan Ingvarsson, analytiker vid Centrum för Östeuropastudier vid Utrikespolitiska Institutet och utrikesreporter Trygve Ulriksen Skogseth.Tekniker: Nikki PrykeProgramledare: Monika TitorProducent: Marina Nilsson Malmström

The war is over but the ramifications are only just beginning. With the peace signing of March 13 1940, the Finns had ceded much of their territory including the entire Karelian Isthmus to the Russians, along with chunks of their Arctic land and eastern border. They were also supposed to build a railway line which linking Murmansk and Leningrad to the Finnish western port town of Tornio on the Swedish Border. In all, the territorial loss to Finland was 10 percent of its total pre-war surface area. Close to 12 percent of its population had to be resettled from the ceded lands. And yet the vast majority of Fins preferred that option to losing their independence to the Soviets. Viipuri was gone, its name would change to Vybord, the Finns lost all the outlying islands. They lost the north western shoreline of lake Ladoga, including the towns of Kakisalmi and Sortavala. They were forced to hand over the village of Suojarvi where Paavo Talvela had managed to defeat the Russians numerous times. Salla and Kuusamo areas were also, along with the very important other isthmus of Kalastajasaarento near Petsamo. Finland handed over its southernmost point, Hankoniemi to the Soviets so they could turn it into a Naval base. Stalin wanted to secure the Gulf of Finland, and all islands including the large island of Suursaari were handed over to Russia. The Finns had paid for their independence with an ocean of blood. Twenty Five thousand civilians and soldiers had died, 44 000 were wounded, 9 500 were permanently disabled. On the Soviet side, Stalin made sure the true number of dead was buried under a flood of propaganda, but it's known that about 200 000 Russian soldiers died, with the wounded believed to be in the region of 400 000. Later, Soviet president Nikita Khrushchev claimed in his memoirs that the number of Russian dead was over 1 million. But it's thought that was creative accounting by a man who was forced to explain why he'd presided over the re-telling of Stalin's abuses. Khrushchev said more than 1 000 Russian planes had been shot down or destroyed on the ground, and 2 300 tanks were wiped out. Whatever the total, these numbers are not unbelievable. Flags flew at half mast across Finland after the truce was announced. Foreign Minister Väinö Tanner summed up the mixture of relief and resentment by saying “Peace has been restored, but what kind of peace? Henceforth our country will continue to live as a mutilated nation…” The vast majority of Finns living in the ceded territory left. They did not want to live under the Bolsheviks. The Soviets gave these people ten days to pack and make their way from their ancestral land. 420 000 refugees streamed west, causing a big headache for the Helsinki government. These refugees were treated with great compassion and 30 percent of all privately owned forests and 63 percent of arable land was redistributed to them. There was generally enough food to go around despite the horrors of the war, despite the damage to fruit trees and berry bushes caused by an extremely cold winter. Wartime rationining continued after the peace, so did censorship and a limit on travel. The war in Europe was on the go, so by the Spring of 1940, the use of the southern sea around the Gulf of Finland was also limited. Petsamo in the north was the Finns only safe harbour as World War II gained momentum. The global war was going to lap on Finland's shores once more, particularly when the German's invaded Russia in 1941. Helsinki tried in vain to remain neutral, and linked their fortunes to the Swedish government in the hope that this would quell any future threats. But in 2024, the Finns won't make the same mistake. They've calculated that neutrality in the face of a massive Eastern bully is not an option. Sometimes you must fight the bully, and as we all know, bullies tend to be cowards, you can crush them fairly swiftly if you show spine. Desmond Latham blog

Last time we spoke about the rise of Yuan Shikai, the outbreak of WW1 and the siege of Tsingtao. Yuan Shikai used every dirty little trick to seize and maintain his authority in the new republic. He forced the KMT's hand, prompting Dr. Sun Yat-sen to usher in a second revolution, but it ultimately failed as Yuan Shikai controlled the best army in China. Simultaneously world war one broke out and this placed China in an awkward position. Multiple nations held special territorial concessions in China and now they might bring the war to her borders. China protested as much as she could, but the Empire of Japan simply did not care when they came over to lay a siege against the Germans at Tsingtao. The siege of Tsingtao saw many historical firsts and was quite brutal. After all was said and done, China was served yet another humiliation, with many more to come.    #89 China's forgotten role during the Great War   Welcome to the Fall and Rise of China Podcast, I am your dutiful host Craig Watson. But, before we start I want to also remind you this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Perhaps you want to learn more about the history of Asia? Kings and Generals have an assortment of episodes on history of asia and much more  so go give them a look over on Youtube. So please subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry for some more history related content, over on my channel, the Pacific War Channel where I cover the history of China and Japan from the 19th century until the end of the Pacific War. Now this episode is actually going to be a bit of a side step from the chronological narrative so to say. China underwent an enormous amount of events during the course of WW1, most having to do with political relations towards the Empire of Japan. However, quite some time ago, on my personal channel, the pacific war channel, I tackled asia during WW1. I wrote a few episode looking at China, Japan, southeast asian nations, and something I found quite interesting is how China aided the Entente powers. People completely overlook this aspect of the Great War, but China and some of her southeast neighbors provided an incredible amount of manpower to both the western and eastern fronts. Stating that, I want to simply dabble into the specific subject of “what exactly did China do for the war effort?”. In the next episode we will jump into things like the twenty-one demands and the Treaty of Versailles. The declarations of war in Europe in late July and early August brought military conflicts immediately upon Chinese territory. On August 6th, 1914 China proclaimed her neutrality and prohibited the belligerents of WW1 from undertaking military operations upon Chinese soil. Now at the beginning it was sort of believed if not perceived the Great War was essentially a conflict between imperial powers, over their colonial possessions in a big game of world supremacy, thus China expected to remain neutral as a partially colonized country. Japan certainly did not care and began a siege against Tsingtao. China initially protested against the Japanese warfare upon her soil, but there was little Yuan Shikai could do about it. We wont get into here, but Japan certainly followed up her disrespect against China immediately after the siege of Tsingtao. Needless to say, China remained neutral for most of the war and this placed her in an interesting position. Now Yuan Shikai secretly offered British Minister John Jorden, 50,000 Chinese troops to help retake Tsingtao, but the British refused. The reason they refused was because of Japan. Japan refused to allow Chinese soldiers to fight in the war, because she was hoping to secure her authority as a powerhouse in the east. While Chinese citizens were not allowed by the Chinese government to participate in the fighting, this did not stop them from other actions Liang Shiyi was in charge of railways, the most profitable ministry within the government at the time and he had a grand idea. He called it “Yigong daibing” “laborers in the place of soldiers”. Now during the Ming and Qing dynasties, the idea of Chinese people going abroad to work was unprecedented. Both the Ming and Qing dynasties discouraged citizens from leaving the country and would persecute those who had. The Qing issued decrees banning emigration in 1717 and 1729, which would not be repealed until 1893. Thus when Liang Shiyi brought up the idea in 1915, it sort of showed how much China had changed in a short amount of time. He discussed his idea with Entente diplomats in early 1915. His original suggested to the British was to use military laborers, men who would carry guns, not be hired laborers. Now you might be asking, why do such a thing, what did China have to gain? If Britain accepted the proposal, it would mean China was fighting on the side of the Entente. But Britain turned Liang down in early 1915 and it is obvious as to why. Anyone who officially joined the war on either side, when the war was over would get a respected seat at the peace table, whereupon you could make demands. For a humiliated nation like China, seeing numerous global powers encroach upon her with unequal treaties, it was a no brainer getting a seat at that peace table might gain them what they wanted, to be rid of the unequal treaties, hell maybe even join the big boy club.  Having received the no from the British as one does, Liang went to the French. Now France from the offset of WW1 was in quite a panic and the idea of acquiring new human resources looked like an amazing idea. For France particularly in the summer of 1915, such an idea might be the decisive factor to win them the war. It also just so happened France was in the processing of securing new human resources from her vast colonial empire. If you want to hear more about French Indochina and Thailand's experience with WW1, please check out my specific episode on it, or my long format documentary on Asia during WW1 at the Pacific War Channel…or podbean I do have audio podcasts same channel name. Thus France began working with Chinese diplomats on the issue of recruit Chinese laborers. Come the summer of 1916, Britain's perspective had dramatically changed since 1915, as they were short on manpower.  Field Marshall Sir Douglas Haig requested 21,000 laborers be recruited to fill Britain's manpower shortage. This was to be restricted to the Western Front, as the British home front held domestic labor unions who vigorously fought any attempt to bring Chinese workers to the isles. Beginning in August of 1916, Britain began its Chinese recruitment plan. Now China as I said would remain neutral for most of the war, so technically the Chinese laborers were hired on the basis of a written contract, ie: treated like a regular work force. Now I am going to start off with the western front, thus the Chinese laborers fell into two categories, the travailleurs and spécialistes, translated semi-skilled labor and skilled labor, not literal translations, but as I interpret it. Funny enough my job outside the podcast business has me coordinating semi-skilled educational programs for high school students so I certainly know a lot about this haha. To summarize, semi-skilled labor is a term today referring to basic common labor whereas skilled labor is more difficult requiring more education. You can make a son of comparisons, but I find this one makes sense to the most people: a semi-skilled laborer in the kitchen setting is a dishwasher, you can grab a new worker, show them the ropes rather quickly and let them work, whereas a skilled laborer is a line cook, it takes some culinary education or a lot of training until that person can do the job effectively. I also worked in the restaurant business for a long time haha.  So with France the general contracts were for 5 years, with the British it was 3 years. The Chinese laborers in France would legally be equal to their french counterparts. They would be allowed to celebrate both Chinese and French holidays with benefits paid about 5 francs per day. For the British the Chinese would work 10 hours a day, 7 days a week, paid one franc per day, while their families back in China received 10 Mexican dollars a month. Its difficult to estimate but a WW1 era franc probably can go for about 15 USD, so thats like 75$ per day for France, while for the British its 15$ a day + roughly 1100 USD a month. Now the laborers needed to be transported, fed, clothed and houses, and this was to be at the cost of France and Britain. Between 1916-1918 France recruited roughly 40,000 Chinese laborers, while Britain hired 100,000 who worked in France under their authority. When the United States joined the war, the American Expeditionary Force arranged to borrow 10,000 Chinese laborers from France to employ them under identical terms. The majority of the 140,000 Chinese laborers came from Shandong province. In 1916, the French government approached China asking to recruit its citizens for non-combatant use. A contract was agreed upon may 14th 1916 supplying 50,000 laborers who would make their way to Marseille in july of 1916. This was followed up by Britain's War Committee in London who formed the Chinese Labour corps, with its main recruiting base established in Weihaiwei on october 31st 1916. The first transport ship carried 1,088 laborers sailing from Weihaiwei on january 18th 1917. The journey took three months, each volunteer received an embarkment fee of 20 yuan, followed by 10 yuan a month paid to their families in China. By the end of the war this would account for roughly 2.2 billion dollars earned by Chinese laborers. As a result of the German submarine attacks, Britain needed a safe route and shipped 84,000 Chinese laborers through Canada. This was done in absolute secrecy as at the time Canada had the discriminatory Chinese Immigration Act of 1885 and Chinese Head Tax. Thus they boarded trains journeying 6000 kilometers from Vancouver to Montreal never leaving the train. As reported by the Halifax Herald in 1920 “They were herded like so much cattle in cars, forbidden to leave the train and guarded like criminals”. It was a grueling experience to be sure. China began to ship thousands of men to Britain, France and Russia. These non-combatants would repair tanks, assemble shells, transport supplies like munition, and dig trenches amongst many other things. Hundreds of Chinese students served as translators. It should be noted that the Chinese government and many intellectuals saw the overseas work as an enormous opportunity for Chinese youth to learn new technical skills and ingenuity which could be brought back to the homeland. The French and British military were the ones doing the recruiting, thus the majority would fall under military management and were organized into military type units commanded by officers. If they broke the rules, they could be court martialed and at least and at least 10 under British authority were executed during the war. It should be noted, during WW1 there were a lot of executions for numerous reasons, such as cowardice on the battlefield. Now the Chinese were promised they would not be working under fire, but more often than not they worked in close proximity to military zones, particularly under the British. Until China officially joined the war, the French kept their Chinese workers pretty far from the front lines. After China joined the war in 1917, the French began to assign Chinese to military zones more frequently. There were major differences between the French and British labor programs. The French mainly recruited through the mediation of Chinese contractors, while the British used their own agents. Also as you probably already noticed, the French offered better treatment than the British. For example the French paid higher wages and their labor laws were less restrictive, compared to that of the British labor corps. Now this was the early 20th century, racism was rampant, arguably more so for the British side, who notably locked their worker camps up with wire. The American expeditionary Forces apparently were the most racist, and this is not surprising as America certainly had more experience with Chinese labor. Between 1882-1943 Chinese laborers in American were discriminated against heavily, and the Americans in France had similar attitudes. Racism aside, there obviously were cultural differences, leading to misunderstandings and ignorance on both sides. It did not help that there was a lack of interpreters leading to managerial problems. Despite the racism, cultural misunderstandings and instances of mistreatment it has to be noted, Chinese laborers were a crucial component of the Entente war effort. The great war was a total war, it involved the frontlines and home front. The Chinese who came to France were youthful and strong men. They worked extremely hard, as I said 10 hour days, typically 7 days a week with some holidays.  By the end of the war and for a considerable amount of time afterwards, virtually all cranes in Dieppe, Havre, Rouen, Calais and Zeneghem were operated by Chinese. The French had a lot of praise for the Chinese laborers. General Ferdinand Foch said of them “Chinese laborers are first-class workers who could be made into excellent soldiers, capable of exemplary bearing under modern artillery fire.” H.R Wakefield of the British had this to say in a report “a splendid and versatile worker, inured to hardship and almost indifferent to the weather . ...It was certain that he would learn rapidly to cope with all the multitudinous kinds of work demanded by the huge British military organization overseas. ...Chinese [laborers] have a marvelous gift of imitation, and consequently they learn new and difficult tasks with great facility. ...[T]heir speed and endurance are phenomenal. Although the introduction of Chinese labor was a great experiment and there were some who shook their heads when it was first suggested…the experiment has succeeded, the doubters have become enthusiasts, the work accomplished has already been enormous, disputes and misunderstandings have been marvelously rare. The credit for this success can be equally shared by the British and Chinese”. It was said the Chinese work ethic impressed the British and French so much they became more welcoming to them compared to Indian and Egyptian workers. The British government began the repatriation of Chinese laborers in the fall of 1919 and this was completed on April 6th of 1920. The French repatriation program ended in March of 1922. By the end of the war, roughly 3000 Chinese laborers remained and settled down in France, including 1850 qualified men who signed new contracts to work for metallurgical industries. Other workers found employment in the mechanical or aeronautical sectors. Many of those who remained married French women. Two lived long enough to receive the French Legion of Honor in 1989. The Chinese under the British often found themselves working near battlefields and many did as a result. They were hit by bombardments and some Chinese workers even found themselves tossed into combat against German forces during emergencies. Tragically, after the war was over, there was a colossal amount of work needed for mine clearing and many Chinese would perish during this. By October of 1919, 50,000 Chinese laborers remained in the British camps as they were being evacuated roughly 15,000 per month. Nearly 2000 were buried in France. Many would not even make it to France. On february 17th, 1917 the French passenger ship SS Athos was sunk by the German U-boat SM U-65 off the coast of Malta. The ship was carrying 900 Chinese workers and 543 of them were killed. Roughly 3000 Chinese lost their lives in the Entente war effort in the west. The United States had recently severed diplomatic ties to Germany as a result of its unrestricted submarine warfare and pushed China to do the same. China severed diplomatic ties with Germany in March. The United States further advised China, that if they wished to be at the peace agreements China should declare war on Germany. China took the advice and declared war on the central powers on august 14th 1917.  Now this was all for the Chinese laborers in the western front, but the Chinese also did the same for the Russian empire. Like Britain and France, Russia's economy was collapsing as a result of WW1. The massive mobilizations and insane levels of casualties for the Russians forced the Tsarist government to procure labor by unconventional means. At first they began using women and POW's to compensate, but this quickly proved insufficient, so Russia turned to China. Now Russia had experience hiring Chinese labor since the 1890s, specifically for railway construction. It's more difficult to obtain information on the eastern laborers, but Chinese scholars estimate up to a possible 200,000 Chinese laborers worked in Russia. The system for Russia was nothing like France or Britain. Prior to WW1, private Russian companies and state projects using Chinese agents recruited workers within China, mostly in Shandong, Hebei and Manchuria. They contracted workers individually or in groups, who were given Russian visas and transportation by ship to Vladivostok or by train from Harbin. These laborers helped build the Trans-Siberian railway,  local urban infrastructure and agricultural work, playing a key role in the development of the Russian Far East. Thus when WW1 came around, Russia already had a system in place to hire workers. They worked in coal mines in the Donetsk region, cut timber in the Siberian Taiga, constructed railways in the polar zones of Northern Russia, carried ammunition and dug trenches in the eastern front.    Most of their recruitment was done in northeast China by the private companies like the Yicheng company, until 1916 when the Tsarist government tried to simplify things by placing control of recruiting under the Chinese Eastern Railway company in Harbin. The Chinese eastern railway company took care of all the administrative formalities such as performing medical examinations of workers, clothing them, provisioning them for the journey and placing them on guarded trains. And here is where the eastern workers differed rather dramatically from the western workers. Once in Russia, the Chinese workers were pretty much abandoned for a lack of better words. In the west, Chinese laborers worked under contract for the governments of Britain or France who managed them. In the east the Russian government did not manage them, it was private merchants. This meant many Chinese in the east did not receive adequate sheltering, clothing or food once in Russia. Conditions were extremely rough, the Chinese worked 10-11 hours a day, 7 days a week, living out of badly heated and overcrowded barracks. Sometimes they had no water supplies nor basic sanitation facilities. Many fell ill from the cold, lack of any medical care or food. Unlike with the French or British, Russian officers were not always assigned to overlook them, thus countless were just left on their own. Many of these laborers were employed to build a 1044 kilometer railway linking St-Petersburg to a new port in Murmansk. This meant they had to lay a line across frozen marches, lakes, rocky terrains and through countryside that was uninhabited and could supply nothing but timber. They worked in the cold, nights could reach 40 degree celsius. Many died due to extreme cold, lack of nutrition and disease. Because of the terrible conditions, Chinese laborers routinely protesting and performed violent riots. The Russians suppressed them very harshly, considering the incidents, mutiny's and a sort of sabotage of war related production. After receiving so many reports of mistreatment of their workers in Russia, the Chinese government demanded their own official representatives be allowed to accompany large groups of the workers in Russia to defend their labor rights. Russia refused to satisfy the demands, but did try to improve the working conditions. Unlike in the west where the Chinese laborers were strictly monitored and confined to specific areas, the Russians kind of dumped them everywhere. With so many Chinese scattered about Russia when the Russian government collapsed because of the Russian revolution, countless were stranded. Many Chinese laborers joined the Red Army or various guerilla groups during the Russian Civil War.  Many Chinese laborers truly sympathized with the Bolshevik cause, others simply joined the Red Army to survive. Those who did join the Red Army often did so for food or the opportunity to get back home as the revolution left many stranded. Ren Fuchen was China's first bolshevik and he was the commander of the Chinese Red Eagle Battalion. Estimates vary significantly, but it is estimated up to 40,000 Chinese laborers joined the red army fighting in multiple fronts like Poland, Belarus, Ukraine, the Caucasus, Volga and Siberia. They had no attachment to Russia or its places and thus were very useful as executioners and many were used as shock troops as no one expected to be attacked by Chinese. Their wartime experiences and cross-cultural exchanges with the Russians would play a critical role in shaping China's political trajectory during the interwar period. As we will discuss in greater detail in other episodes, the Bolsheviks sprang for the seed that would eventually create the CCP. It was during this cross cultural exchange in Russia that communism made its way to China, on the backs of the laborers coming home.  Thus this rather extraordinary story of Chinese departing their country to work or in some cases fight in the Western and Eastern front during WW1 was significant both for the history of China, but also global history. Working and fighting side by side with the Entente displayed China's determination to play a role in world affairs. Taking a step back, think about China's history until this point. Its more or less always been shutting out the world, rather than embracing it. When China was forced open under very brutal and tragic circumstances, it robbed her of being really able to join the world order. Despite being so ingrained in the global economy for so long, she was a very isolated state. It seemed to China, this was finally the moment she could rise to the occasion, change her fate as it were. China clearly signaled this to the world by her actions during the Great War. Also this was the first major time for her citizenry to really experience the west. It provided them with an opportunity to observe and learn from other civilizations, many students for example who went over would reflect on Chinese society. When they returned home, the brought with them new ideas and a strong desire for change. From the east this brought Marxist ideology, from the west it was various forms of democracy, capitalism, hell things we think of today as basic human rights.  Chinese laborers abroad came back to China forming a new national identity. There was also a large element of seeking experience and education. It was not simply the common class going out on their own, the Chinese Republic was pushing people specifically to go out into the world, receive education and vocational training to bring back to China. In something of a grand migration scheme the Republic hoped by sending some of their brightest students and technical laborers, they might manage something along the lines of what the Japanese did during the Meiji years. To give a more specific example, take the story of Li Shizeng. Li Shizeng was an intellectual, politician, and entrepreneur who went to study in France at the turn of the 20th century. He was very influential and helped translate many French books into Chinese. He advocated for dramatic reforms in China and was always pushing to have Chinese come into personal contact with the west, encouraging study and work abroad. In 1902 when he went to France for the first time alongside Wu Zhihui, they discussed the possibility of sending ordinary Chinese to Europe. For them the key to China's salvation was education in western nations. Sending students to the west as laborers was a perfect vehicle. Li Shizhens thought if a 1000 young Chinese workers traveled to France, they would make an enormous impact on Chinese society upon their return, imagine 140,000. In 1912 Li Shizhen alongside a group of other intellectuals, including a young Wang Jingwei formed the “Liu-Fa Jianxuhui” the Society for Frugal study in France. The major purpose of the society was to increase educational opportunities, to introduce Chinese to world civilizations, advanced learning and to develop a Chinese national economy.  When the Chinese laborers saw what a western country looked like, how their citizens worked and lived, it had a profound effect on them. One laborer named Fu Shengsan, explained the situation in an article titled “ Hua gong zai fa yu zhou guo de sun yi” “Chinese Laborers in France and Their Contribution to the Motherland”for the Chinese laborers weekly. He wrote that Chinese laborers did not really understand the relationship between an individual and their nation, or between a family and a nation, before coming to the west. After witnessing Europeans fighting for their country in WW1, it aroused a sense of nationalism and patriotism amongst the Chinese. Many came back home trying to explain this knowledge. Fu would write that the belief Westerners were superior to Chinese was false and that China just needed to become strong like them. All of this would drive China towards the May fourth movement, a watershed moment in Modern Chinese history, but that is a story for another day. I would like to take this time to remind you all that this podcast is only made possible through the efforts of Kings and Generals over at Youtube. Please go subscribe to Kings and Generals over at Youtube and to continue helping us produce this content please check out www.patreon.com/kingsandgenerals. If you are still hungry after that, give my personal channel a look over at The Pacific War Channel at Youtube, it would mean a lot to me. China underwent great hardship during the Great War, something I will be talking about in the next episode, but she also became a valued member of the Entente, and helped to win the war. Yet the experience of Chinese laborers would have a profound effect on the future of modern China, showing China's people they could rise to the occasion.

This is episode 12 - it's the third week of February 1940 and the Russians have eventually succeeded in punching a hole through the Mannerheim Line. As you heard last episode, the second major offensive began on the 11th February when Russian commander Timoshenko ordered a massive bombardment followed by focused thrusts at Poppius and Million Dollar bunkers. That section of the line was pierced but only after a few more thousand Russians had been listed as casualties. The Russians had also attacked in force near Taipale, charging across open ice in suicidal rushes, marching across Lake Ladoga like it was a parade ground exercise. The fighting here was intense, and on the 14th February, 2 500 Red Army troops died in the space of a few hours trying to overcome the Finnish positions. Soviet aircraft were also bombing this sector daily, at least 100 planes a day flew over strafing and bombing the Finns. In the sector further west near the Muolaa Church, it was carnage. The most exposed Finnish position was alongside this church, on the banks of Lake Kirkkojarvi. There was a large Finnish bunker here, but troops had to crawl out across a wasteland, and across at least one coffin that had been unearthed in the bombardments. The devil is in the details when there's a war. Back in Moscow, Joseph Stalin received the news that Summa had fallen. He'd been misinformed before and didn't believe the report, demanding that eyewitnesses contact him to confirm the sight of the flag of the USSR flying over the Summa pillboxes then phone him. They did and he accepted their word. Things were growing more and more grim for the Finns. They had no more reserves of men, and by now, into the third week of February, 16 year-old boys were being armed along with geriatrics and even convicts were being issued uniforms. Only the less serious criminals, but still, you get the idea. Meanwhile, back in Russia, subterfuge and intelligence were confounding Stalin — which is always the best technique to deal with a maniacal despot. Always paranoid, Stalin had been kept aware of Allied initial plans to seize the Finnish nickel mines at Petsamo in the north, then invade Murmansk — or even more outrageous plan to invade Arkangel. The British had managed to get their hands on a bullet-riddled Finnish code book and had heard that Mannerheim believed his men could hold out until at least May. That piece of unfiltered information was a fillup for the British. Desmond Latham blog

I september 2013 seglar Greenpeace till Barents Hav för att försöka stoppa rysk oljeborrning i Arktis. Men Ryssland slår tillbaka miljöprotesten med en kraft som chockar omvärlden. Nya avsnitt från P3 Dokumentär hittar du först i Sveriges Radio Play. Civil olydnad är vardag för världens mest kända miljöorganisation. Planen är att klättra upp på den ryska oljeplattformen för att förhindra provborrningen efter arktisk olja. Men kustbevakningens motstånd är överraskande våldsamt och på aktionens andra dag stormas fartyget Arctic Sunrise av beväpnade agenter.30 personer från 16 länder grips och förs till Murmansk där de anklagas för sjöröveri med hot om 15 års fängelse. En av dem är svensk-ryske Dima Litvinov. Det unika fallet förbluffar världsledare och rättsexperter. Nu är frågan hur långt Ryssland är villigt att gå för att visa miljöaktivisterna vem som bestämmer.Dima Litvinov, kampanjledare Greenpeace.Sini Saarela, protestklättrare Greenpeace.Peter Willcox, kapten Greenpeace.Per Enerud, journalist och Rysslandskännare.Sergey Golubok, människorättsadvokat.Said Mahmoudi, professor emeritus i internationell rätt vid Stockholms universitet.En dokumentär av: Robin Jonsson.Producent: Anna Johannessen.Exekutiv producent: Markus Alfredsson.Dokumentären är producerad 2024.

CPI ticks up – PPI ticks down – never a dull moment.  Earnings season is here – Banks reported and most hit the skids. Bitcoin ETF approved and Bitcoin gets whacked and we enter a holiday shortened week – get ready! Guest: Vitaliy Katsenelson explains value investing and what he looks for in great stocks. His "Three Pillars" of quality are an important aspect of his research and what he looks for in companies that he plans to invest in for the long haul. Follow @andrewhorowitz Vitaliy Katsenelson, born  and raised in Murmansk, Russia (the home for Russia‘s northern navy fleet, think Tom Clancy‘s Red October). Immigrated to the US from Russia in 1991 with all his  family three brothers, father, and stepmother. His  professional career is easily described in one sentence: He invest, He educates, he writes, and he could not dream of doing anything else. He is Chief Investment Officer at Investment Management Associates, Inc (IMA), a value investment firm based in Denver, Colorado. After he received his  graduate and undergraduate degrees in finance (cum laude) from the University of Colorado at Denver, and finished his  CFA designation, he wanted to keep learning. He figured the best way to learn is to teach. At first he taught an undergraduate class at the University of Colorado at Denver and later a graduate investment class at the same university that he designed based on his  day job. He found that the university classroom was not big enough, so he started writing. He writes a monthly column for Institutional Investor Magazine and he has  written articles for the Financial Times, Barron‘s, BusinessWeek, Christian Science Monitor, New York Post, and the list goes on. He was profiled in Barron‘s, and has  been interviewed by Value Investor Insight, Welling@Weeden, BusinessWeek, BNN, CNBC, and countless radio shows. Vitaliy has authored the Little Book of Sideways Markets (Wiley, 2010) and Active Value Investing (Wiley, 2007). Follow @vitaliyk Check this out and find out more at: http://www.interactivebrokers.com/   More information available on Horowitz & Company's TDI Managed Growth Strategy Stocks discussed this week - (GLD), (SLV), (OIL), (XLE), (UBER), (COIN)

✍︎: https://curiousworldview.beehiiv.com/subscribeMarlene Laruelle is a Research Professor of International Affairs and Political Science at George Washington University in Washington DC. She is an expert on the culture and anthropology of Russia and many of the Stan central asian countries. She's written 10 books on these subjects and was just the most incredible guest to have had on the show.The podcast starts in Kyrgyzstan and then moves onto religion and what Marlene thinks is a global wave of de-secularisation… we then move up into Murmansk and the frozen tundra cities of Siberia's north to then Marlene's thoughts on Russian demographics and finally she lays out the current state of affairs in the Russian-Ukraine war. 00:00 – Who Is Marlene Laruelle?01:33 - Kyrgyzstan & Countries That Punch Above Their Weight.04:59 - Religion & Global Wave Of De-Secularisation.18:08 - Murmansk & Russian Arctic Cities.21:35 - Russian Demographics.29:23 - Bullish & Bearish Case For Russia.34:05 - Russia-Ukraine War... Where Are We Now?41:14 - Serendipity In Marlene's Life.44:30 - Country Marlene Is Particularly Bullish On.Curious Things Mentioned During The Episodehttps://marlene-laruelle.com/https://www.illiberalism.org/https://therussiaprogram.org/

This is episode 3 and the Russians have just bombed Helsinki on the morning of 30th November 1939 — missing most of the vital infrastructure but hitting the residential area and a square in front of the main railway station, as well as a hangar at Malmi Airfield. Two hundred people died in the first few hours of the invasion, most were civilians. The Finns were caught totally off guard - their anti-aircraft gunners managed to fire off a few shots but by then Russian bombers had turned and were miles away. As the planes disappeared to the east, air raid sirens began to wail, a belated warning which by then was a waste of time. However, after lunch, the planes were back. Fifteen Red Air Force bombers swept in for another raid soon after the all-clear had sounded in Helsinki, the streets were choked with people clearing up after the morning attack — fifty more civilians died and at least 150 were wounded in this second bombing run. The Russians also targeted other towns, including Viipuri, the harbour in Turku, and they took aim at the hydroelectric plant at Imatra and then bombed a small gas mask factory in Lahti. The hydroelectric plant at Imatra was not the only target, the Russians bombed an important road between the northern shores of Lake Ladoga and Helsinki, north of the Mannerheim Line. While this was going on, the Red Army landed specialist commandos on the uninhabited islands of Sieksari, Lavansaari, Suursaari and Tytarsaari —without firing a shot. Back in Helsinki, the shock of the attack was visible on everyone's faces. Parts of the city were on fire and it was through this maze of blackened buildings, corpses and craters in the roads that Field Marshal Gustav Mannerheim wound his way in his chauffered car. There was no time to waste. Finland's geography suited their initial plans. The Karelia Isthmus was the lynchpin, so Mannerheim was concentrating his defences there. The only other area that offered an immediate threat, was the 65 mile stretch just north of Lake Ladoga's shores. There were two good roads here, one started from inside Russia at Petrozavodsk, and the other from Murmansk along the rocky coast of Lake Ladoga. Both roads converged near the small town of Kitela, and a few miles from there was Finlands crucial rail network. It also was a point where good roads led north and south. Mannerheim knew that the Russians were going to aim at these two areas and he was right. This central zone near Kitela was the backdoor to the Isthmus and could support a large army on the move. The Finns were ready for this backdoor trick, they'd been practicing during war games in the preceding years for precisely this route. The strategy was even more interesting. They would let the large Soviet Army move along these roads until they reached a line of defences that linked Lake Ladoga to Kitela and another Lake called Syskyjarvi. Then they'd pin down the Russians, and hit their logistic route now strung out back eastwards, their left flank now up against Lake Ladoga, and the right exposed to Finnish soldiers on skis. The would cut off the head of the Russian salient and then methodically destroy the Russian army north of Ladoga. Desmond Latham blog

Luke McCarthy is a linguist who speaks six languages. Luke was born in the United States, lived in Russia and is currently based in Barcelona. He teaches people languages through his own effective and useful techniques and programs which help them learn languages faster than through regular programs and courses.  Having lived in different countries, Luke believes that understanding and speaking a language has a huge impact on experiencing a culture more fully.  Luke's IG: https://www.instagram.com/luke.and.english/?hl=en 0:00 - Introduction 2:22 - Luke's background  4:14 - Life in Barcelona 8:00 - Life in Murmansk - a city with no sun for 6 months 10:11 - Luke's life in Russia  23:40 - Dating culture, chivalry & etiquette  46:00 - How knowing a language affects the cultural experience  49:45 - Speaking six languages  55:40 - Is Russian hard to learn? 60:00 - Psycholinguistics & confidence  60:07 - Alter ego when learning languages  60:13 - Luke's techniques and contact info

Bank of Japan spooks investors. DJIA breaks it winning streak - almost had the all-time record. News to use, valuations to value. Guests, David Gaffen (Reuters) and Vitaly Katsenelson (IMA) David Gaffen is the U.S. breaking news companies editor at Reuters, where he has worked for 14 years. He also did stints as the U.S. energy editor and U.S. deputy markets editor and has been a business journalist for more than 20 years. In that time he has covered the 2008 financial crisis, the oil-market meltdown in 2020, and was nominated for a Loeb Award for a series of articles on the growth of stock buybacks in 2015. He lives in New York with his family. Follow @DavidGaffen Born and raised in Murmansk, Russia (the home for Russia‘s northern navy fleet, think Tom Clancy‘s Red October). Immigrated to the US from Russia in 1991 with all his family three brothers, father, and stepmother. His professional career is easily described in one sentence: He invests, He educates, he writes, and he could not dream of doing anything else. He is Chief Investment Officer at Investment Management Associates, Inc (IMA), a value investment firm based in Denver, Colorado. After he received his graduate and undergraduate degrees in finance (cum laude) from the University of Colorado at Denver, and finished his  CFA designation, he wanted to keep learning. He figured the best way to learn is to teach. At first he taught an undergraduate class at the University of Colorado at Denver and later a graduate investment class at the same university that he designed based on his day job. He found that the university classroom was not big enough, so he started writing. He writes a monthly column for Institutional Investor Magazine and he has written articles for the Financial Times, Barron‘s, BusinessWeek, Christian Science Monitor, New York Post, and the list goes on. He was profiled in Barron‘s, and has been interviewed by Value Investor Insight, Welling@Weeden, BusinessWeek, BNN, CNBC, and countless radio shows. Vitaliy has authored the Little Book of Sideways Markets (Wiley, 2010) and Active Value Investing (Wiley, 2007). Follow @vitaliyk Check this out and find out more at: http://www.interactivebrokers.com/ Follow @andrewhorowitz  Stocks mentioned in this episode: (GLD), (USO), (AAPL), (QQQ)

Good thoughts bring you happiness; bad thoughts poison you with anxiety and pain.

I've been asked by many readers and some clients for my thoughts on the economy and recession.  As I am typing this, I'm thinking about how much ink I should be spilling on writing about the recession and how much time we, as investors, should be allocating to thinking and worrying about it. Firstly, our ability to predict it is very limited – the economy is a complex system and thus incredibly difficult to forecast. Don't believe me? The Federal Reserve employs a few hundred PhDs who stare at economic data 24/7 and they have yet to get it right, even once. Secondly, recessions are not a death sentence to the economy but a natural, transitory phase.

I don't know when I graduated to giving job-seeking advice. However, I know that my scribbles are read by a lot of students and their parents, so I thought I would share this with you.

I've attended the Berkshire Hathaway Annual Shareholders meeting for over a decade. Here is what I learned in 2023.

Many investors, including our clients, have been worried about their Schawb account safety. Are they right to be worried?

I have vague first memories of playing chess with my grandfather when my family visited my father's parents in Moscow. I was five years old. As I look back, chess gently came in and out of my life in the years since. Though I always admired chess players, I never took the game too seriously, never studied or took lessons.

The fourteen-year-old Jonah could not sit through the annual meeting; he was preoccupied with anything and everything but Buffett's and Munger's wisdom. After coming with me to Omaha eight years ago, Jonah never asked to go back, until last year. He came to the meeting and loved it. He actually sat through almost all of the main event. He is coming with me again this year. 

Vitaliy Katsenelson is the CEO and Chief Investment Officer of IMA and the author of three books. His most recent book is “Soul in the Game: The Art of a Meaningful Life.” Vitaliy was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. In this interview, Vitaliy contrasts his experience growing up in the Soviet Union with his experience in the United States, and how different his mindset was in each place. He also discusses how Stoic philosophy has been very helpful. He discusses how his essay about Tchaikovsky aims to help others who may be struggling with creativity. Listen in for a vibrant discussion on intention, communication, and vulnerability.   https://bit.ly/TLP-355   Key Takeaways   [1:53] Vitaliy's bio. (See at the end of the show notes.) [2:22] Vitaliy loves investing, writing, classical music, and spending time with his family, Vitaliy's father is a fantastic artist and Vitaliy has a small gallery of his work. [3:49] How Vitaliy sees the differences between Murmansk, Russia, and Denver, Colorado. Denver has lots of sunshine. In the winter, Murmansk has a few minutes of sunshine a day. When Vitaliy lived there, it was Soviet Russia. Freedom of speech and the free market did not exist in Russia. All businesses were owned by the government. Here we have an abundance of food and a lack of scarcity. [6:56] Vitaliy shares thoughts on how Russians and Americans communicate. He read How to Win Friends and Influence People when he was 18 in Russia. He hated the book and felt it was teaching him how to be fake. He read it again 20 years later and was shocked by how brilliant it is. He is re-reading it with his 17-year-old daughter and she loves it. She has an American mindset. [8:06] When Vitaliy came to the U.S. he found that  Americans are very indirect and smile all the time, contrasted with Russians who are sometimes painfully direct. Vitaly was fired from his first American job. The man firing him was smiling at him, which was a confusing signal. Vitaly fine-tuned himself to a balance between directness and indirectness. He tries not to criticize people so his message is clearly received. [9:10] If Vitaliy has a criticism, he first tries to make sure to tell the person positive things.  Then he structures the criticism as constructive feedback. He learned that from Dale Carnegie and living in the U.S. for 30 years. Vitaliy says if he had continued to communicate in the Soviet Russian style, he could not have achieved anything in the U.S. [10:43] Vitaliy's intentionality comes from the conscious choice to be mindful. To have a work/life balance you just have to be mindful about having the balance. Vitaliy knew he wanted to be a good father to his children. He made a mindful choice to spend more time with his children. He chooses to drive his children to school before going to work on a busy day. [12:38] Vitaliy has a value to be a good father. To live up to the value he has to be mindful about being with his children. If he just went on autopilot, he would just default to the easiest things to do which for him is working 10-hour and 12-hour days. To be mindful, he stops after eight hours. When he gets home and has dinner with his kids, he's not looking at his phone. He's present with them, giving them attention. [14:26] To live a meaningful life, figure out exactly what you value and spend your time according to your values. [15:32] Vitaliy sees value in simplicity. [16:50] As Vitaliy was working on the last chapter of his book, he put it on pause to study and write on Stoicism. He studied Epictetus, Marcus Aurelius, and Seneca. Epictetus taught a framework that some things are up to you and some things aren't. What is up to you are your values and how you behave. Everything else is external and is not up to you. Don't try to control what is out of your control. [19:03] Vitaliy's 17-year-old daughter just got her first job at a coffee shop. She finds a co-worker annoying. Vitaliy asked her if she expected every co-worker to be perfect. It's not up to you how other people are. Vitaliy finds this framework to be simple and elegant; if you embrace the Stoic philosophy it will reduce the volatility and negativity in your life. [20:27] When he learned Stoic philosophy, Vtaliy realized he had made choices in the past unconsciously that were aligned with Stoic philosophy. Adopting Stoic philosophy intentionally has changed his life. He wrote that section of the book as much for himself as for the reader. [21:51] Every three to four months, Vitaliy sends his clients a 30-page letter in a story-telling format. As an experiment, once he sent the letter in a condensed format of brief bullet points. Eighty percent of his clients preferred the long letter. It was easier for them to read in stories than in bullet points. [23:33] You want to be very careful on the receiving side of storytelling and people who are terrific speakers. They appeal to your emotions. Stoics break down the message to its bare bones, to the bullet points. There is a conflict between Stoics and Sophists. Vitaliy acknowledges he is a Sophist in storytelling. At the same time, his values are Stoic. Sophists hijack the message and they may not have good values. [24:56] When Vitaliy encounters terrific communicators, he is very cautious to make sure the way they communicate does not impact his decision-making. [26:17] Music is an incredibly important part of Vitaliy's life. He has written essays on the music that was important to him at any year of his life. Vitaly gets up every day at 4:30 or 5:00 and writes for two hours while listening to classical music in his headphones. Those two hours every day are very special to Vitaliy. Listening to classical music while he writes has helped his creativity tremendously. [28:07] Vitaliy's kids made him appreciate chess. It's one of the few games he likes playing with them. His daughter invited him to play after watching The Queen's Gambit. After a game, they review the moves, trying to find the solution for the best move possible at any point. It makes an intellectually honest discussion. Jan notes it's like a military after-action review (AAR). Both become better players. [30:34] Writing music is a very creative activity. When you listen to classical music, think about how difficult it was for the composer to write it. Tchaikovsky left behind many letters to his brother and his friends. His letters describe how he struggled to compose his music. Vitaliy's book came about because he had been writing an essay about one of Tchaikovsky's pieces of music. [31:45] Vitaliy read Tchaikovsky's letters and realized that the suffering the composer went through was so similar to the suffering Vitaliy goes through as a writer. He wrote an essay comparing the struggles of Tchaikovsky to the struggles a creative writer goes through. [32:11] When Vitaliy finished the essay, he realized other struggling writers could be helped by reading it. Over the years, he had written many essays that could help others. So he put them together in a book. [32:45] When you study the lives of composers, you listen to music very differently. You feel the pain they felt as they were writing. You realize that you will have some very difficult times creating, and as long as you love writing, pain is just part of the journey. The lives of the composers made Vitaliy appreciate classical music so much more. There is an incredible amount of hard work, pain, and struggle in creativity. [34:52] Vitaliy finds that parenting and leadership have parallels. But leadership mistakes don't haunt you for the rest of your life! Vitality exposes his kids to new things all the time. They watch YouTube videos on various subjects. He introduces them to new books all the time. They discuss different topics and he doesn't talk down to them. He is interested to know what they think. [35:56] As a parent and as a leader, it's important to be vulnerable. You admit that you don't have all the answers. When you communicate, spend most of the time in the scientist mode. Whatever you're looking at is a theory. You are trying to discover truth. [36:59] When you make a mistake you admit it. Then your employees will be more comfortable admitting they made mistakes as well. [37:45] Vitaliy shares a link where you can hear his podcasts and read his articles.  [38:23] Closing quote: Remember, “Do not act as if you had 10,000 years to throw away. Death stands at your elbow. Be good for something while you live and it is in your power.” — Marcus Aurelius   Quotable Quotes “If you insult a person first and then you give them a message, that message will never arrive.” “My daughter and I are reading [How to Win Friends and Influence People] together … and she loves the book!” “Being around your kids while you are reading Financial Times on your iPhone is not being around your kids. Attention is a currency of time. So it's when I give them that attention, when I'm present, that's very, very important.” “There is so much value in simplicity.”  “If you waste your energy trying to control things that are not up to you, you're going to have one miserable life. You're going to have this emotional rollercoaster of being upset.” “I would argue that if you embraced Stoic philosophy, what it does, it would just reduce the volatility; it would reduce negativity in your life. And by reducing negativity, it's going to make your life calmer; more peaceful.” “Listening to classical music when I write has helped my creativity tremendously. Studies were done on the subject. And they … showed that when you listen to music, … it forces your left brain and right brain to work at the same time. It basically increases your creativity.” “I have found that there are a lot of parallels between being a parent and being a leader … [but] I guess if you screw up as a leader those mistakes don't haunt you for the rest of your life.” “When you study the lives of composers, … you're going to start listening to music very differently. You're going to feel the pain Tchaikovsky felt when he was writing. … You're going to appreciate as a creator that at times you're going to have a very difficult time creating.”   Resources Mentioned Theleadershippodcast.com Sponsored by: Darley.com Rafti Advisors. LLC Self-Reliant Leadership. LLC Vitaliy Katsenelson Investment Management Associates Soul In the Game: The Art of a Meaningful Life The Intellectual Investor podcast Vitaliy Katsenelson Vitaliy Katsenelson on Contrarian Edge Murmansk How to Win Friends and Influence People, by Dale Carnegie Warren Buffet Stoicism Epictetus Marcus Aurelius Seneca Ryan Holiday Sophists The Queen's Gambit After Action Review Tchaikovsky   Vitaliy Katsenelson Vitaliy Katsenelson is CEO and Chief Investment Officer of IMA and the author of Soul in the Game: The Art of a Meaningful Life. Vitaliy was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. He's an award-winning writer with two books on investing and countless articles in publications such as The Financial Times and Barron's. Vitaliy lives in Denver with his wife and three kids where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book and his first non-investing book.    

Bailouts of the banking system create social tension. Eventually, bailouts introduce so much risk into the system that failures and bailouts become too costly for the society to bear, government creates draconian rules trying to prevent them in future, which in turn kills innovation and the formation of new businesses, and the result is a stagnating economy.

Silicon Valley Bank (SVB) may be an extreme example, but it gave us a preview at a 100x magnification of what many banks are facing today. SVB is also a sad demonstration of how volatile deposits are. SVB was awash with deposits from its customers, mainly startups, raising money in the venture capital boom. 

This is part one of the winter seasonal letter I wrote to IMA clients, sharing my thoughts about the economy and the market. I tried something I've never done before. Instead of conveying my message through storytelling, I tried to compress my thoughts into short sentences. I summarized some 50,000 words into about 1,000.

We are honored to introduce Mr. George Koch as our guest for Walk Among Heroes Podcast Episode 36.  Mr. Koch is our first guest who served as a U.S. Merchant Marine.  Born and raised in New York, Mr. Koch (pronounced ‘Coke') dropped out of high school in tenth grade to join the Merchant Marines.  At age 16 in September 1944, he reported to his first ship in New York Harbor.  He soon found himself sailing north on the Murmansk Run.  The Murmansk Run was a LONG, treacherous journey through German-controlled, Arctic frozen waters, from the United States to Russia, past Norway and through northern Europe.  At the time, the United States was manufacturing weapons and supplies to support our allies (Lend-Lease Program) including Russia, in their fight against Germany on the Eastern front.  Because Japan had the Pacific blockaded, we were forced to deliver supplies from the Atlantic north of Europe to the Russian port of Murmansk.  During the journey to Murmansk, Mr. Koch's ship was attacked by a German U-Boat and was nearly hit by a torpedo.  Other ships in his convoy were hit.  Upon arriving in Murmansk, Mr. Koch was able to visit the city, interact with Russian soldiers and local civilians, and became one of just a few U.S. soldiers who set foot on Russian soil during World War II.  In February 2021, Russia awarded Mr. Koch with the Medal of Ushakov, a rare military honor seldom awarded to anyone outside of Russia.  Today, Mr. Koch resides in Rotonda West, FL with his lovely wife of 75 years, Jean.  

Jason gives you a quick overview of Arctic Convoys in World War II.Read the essay here: https://historywiththeszilagyis.org/hwts167 Find us on Twitter: The Network: @BQNPodcasts The Show: @HistorySzilagyi. Chrissie: @TheGoddessLivia. Jason: @JasonDarkElf.Send topic suggestions via Twitter or on our Facebook page History with the Szilagyis.History with the Szilagyis is supported by our patrons: Susan Capuzzi-De ClerckEd ChinevereLaura DullKris HillJoin these wonderful supporters by visiting patreon.com/historywiththeszilagyis. The BQN Podcast Collective is brought to you by our listeners. Special thanks to these patrons on Patreon whose generous contributions help to produce this podcast and the many others on our network! You can join this illustrious list by becoming a patron here: https://www.patreon.com/BQN

Financial expert and raconteur Vitaliy Katsenelson gives his approach to the scarcity mindset, personal finance advice that changed his life, key strategies for making a budget, why people argue about money, geofencing as a diet tool, and a Stoic take on social media.    Guest Bio: Vitaliy Katsenelson was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” He's written for publications including Financial Times, Barron's, Institutional Investor and Foreign Policy. His articles are also published on his website, ContrarianEdge, and in audio format on his Intellectual Investor Podcast. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book, and first noninvesting book.   Awake and Aware Jan 13-15 2023: The Awake and Aware Physician conference sponsored by Wild Health. Jan 13-15 Sedona Arizona. Use the code CONSCIOUSPHYSICIAN for 15% off (that's 15% off the whole package – lodging, meals, the course).   Interested in one-on-one coaching? Learn more at roborman.com To support the show - visit our Patreon site and help keep the wind in the sails.  For full show notes visit our podcast page   We Discuss The value of a scarcity mindset; Personal finance advice that changed a financial expert's life; Loose vs strict budgeting; Finishing books vs stopping early; Why people argue about money; Geofencing as a diet strategy; Habit vs. identity vs. willpower; How a Stoic philosopher might view social media.

Financial expert and raconteur Vitaliy Katsenelson gives his approach to the scarcity mindset, personal finance advice that changed his life, key strategies for making a budget, why people argue about money, geofencing as a diet tool, and a Stoic take on social media.    Guest Bio: Vitaliy Katsenelson was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” He's written for publications including Financial Times, Barron's, Institutional Investor and Foreign Policy. His articles are also published on his website, ContrarianEdge, and in audio format on his Intellectual Investor Podcast. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book, and first noninvesting book.   Awake and Aware Jan 13-15 2023: The Awake and Aware Physician conference sponsored by Wild Health. Jan 13-15 Sedona Arizona. Use the code CONSCIOUSPHYSICIAN for 15% off (that's 15% off the whole package – lodging, meals, the course).   Interested in one-on-one coaching? Learn more at roborman.com To support the show - visit our Patreon site and help keep the wind in the sails.  For full show notes visit our podcast page   We Discuss The value of a scarcity mindset; Personal finance advice that changed a financial expert's life; Loose vs strict budgeting; Finishing books vs stopping early; Why people argue about money; Geofencing as a diet strategy; Habit vs. identity vs. willpower; How a Stoic philosopher might view social media.

From moving to the US from Murmansk, value investing, and not eating desserts there's much to learn about life from a true renissance man, Vitaliy Katsenelson. Vitaliy Katsenelson, CEO of Investment Management Associates (IMA), comes onto the NGPF podcast to speak about his new book Soul in the Game and the way he approaches life.

Text Hawk to 66866 to become part of "Mindful Monday." Receive a carefully curated email from me each Monday morning to help you start your week off right... Full show notes at www.LearningLeader.com Twitter/IG: @RyanHawk12    https://twitter.com/RyanHawk12 VItaliy Katsenelson was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” “I guess I was born in Russia but made for America." The two ways to look at life. Like an airport… Where you rush to get through it. Or an art museum. Where you take time to enjoy your surroundings. I think we should treat more days like they're an art museum. “When you love what you do, your work stops being work and becomes a craft. And no matter what it is, you do it with pride, love, and care.” "In our relationships, we should set a goal, not for someone to love us, but to behave according to our values (to be worth loving) and to be a good, caring partner. We cannot control whether people will love us, but we can control our actions and our behavior." "I'm perpetually in beta. This in beta attitude is liberating, as it gives you the chance to constantly improve yourself; to learn and grow. This doesn't mean you need to be buried in self-help books. You just need to have this in beta attitude." "The best way to guard ourselves against our ego is by thinking of ourselves as evergreen students." Albert Einstein said, "As our circle of knowledge expands, so does the circumference of darkness surrounding it." We should welcome the circumference of darkness wholeheartedly. How Zeno, the founder of Stoicism approached his students: "He did not claim to be a physician-- he saw himself as a patient describing the progress of his treatment to fellow patients in the hospital beds beside him." When Vitaliy's mother died (he was young), it made him appreciate his dad much more. I think we'd all be better off if we made the most of the time we have with the people we love and never take them for granted. What Vitaliy learned from Warren Buffett? He was not a present dad. It's important to be in your kids lives. It's a gift to get to drive your kids to school. Sit side by side with your children and talk (car rides, sit at the bar at restaurants, go on walks) Vitaliy plays chess and he loses a lot... "Losing is part of tuition." Seneca said, "Time discovers truth." Attention is the currency of time. "Writing is the most important thing that happened to me." Spend two hours a day organizing your thoughts. Writing helps you do that... "Create a connection between the unconscious and conscious mind."

Episode 257: Vitaliy Katsenelson, CEO at Investment Management Associates, shares his approach to value investing, writing, and Stoic philosophy. Guest Biography Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor and Foreign Policy. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book, and first non-investing book. This episode is brought to you by Runnymede Capital Management. Subscribe to our newsletter at www.runnymede.com/newsletter     In this episode, you'll learn: Vitaliy's approach to value investing Why a daily writing practice can make you a better investor and human being Stoic philosophy as an operating system for life Show notes: http://www.inspiredmoney.fm/257 Find more from our guest: www.contrarianedge.com https://twitter.com/vitaliyk www.youtube.com/vitaliyk www.linkedin.com/in/katsenelson www.soulinthegame.net Mentioned in the episode: Nassim Nicholas Taleb Ryan Holiday   Thanks for Listening & Watching! To share your thoughts: Leave a note in the comment section below. Share this show on Twitter or Facebook. Join us at the Inspired Money Makers groups at facebook and LinkedIn To help out the show: Leave an honest review on Apple Podcasts, Podchaser.com, or wherever you listen. Your ratings and reviews really help, and I read each one. Subscribe on Apple Podcasts and YouTube.

Episode 186: Vitaliy Katsenelson Join host David Pere, and co-host Alex Felice with their guest Vitaliy Katsenelson as they talk about his book “soul in the game”, value investing, finance and so much more in this episode! About Vitaliy Katsenelson Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer Timestamps: 00:03:20 - Vitaly's Story 00:04:48 - Common Sense in Value Investing 00:11:52 - Buying underpriced assets 00:18:59 - "Soul in the game" 00:23:21 - Stoic Practice 00:26:26 - doing things in Different settings for optimal performance 00:32:01 - Listening to music while working 00:38:21 - Art and Craft 00:43:58 - Investing as an art Nate's Social Media Accounts: Twitter https://twitter.com/vitaliyk Websites imausa.com (Company) contrarianedge.com (Blog) myfavoriteclassical.com/ (Favorite Classical) Sponsor: Apply for the War Room Mastermind group today: https://www.frommilitarytomillionaire.com/mastermindapplication/ - Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei Off-Market Real Estate Course: https://www.frommilitarytomillionaire.com/teachable-off-market Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/ Become an investor: https://www.frommilitarytomillionaire.com/investor/ - SUBSCRIBE: https://bit.ly/2Q3EvfE - Website: https://www.frommilitarytomillionaire.com/start-here/ Instagram: https://www.instagram.com/frommilitarytomillionaire/ Facebook: https://www.facebook.com/groups/militarymillionaire/ - My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos! THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR'S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.

Vitaliy Katsenelson was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining an Investing firm IMA in 1997, Vitaliy became CEO in 2012.  Vitaliy has already published two books on value investing, and Forbes Magazine have called him “The New Benjamin Graham.” Vitaliy recently published Soul in the Game, a book of inspiring stories and hard-won lessons on how to live a meaningful life; he combines his own life stories with the wisdom of classical composers, ancient Stoics, and contemporary thinkers. “Attention is the currency of time.” Vitaliy's Book: https://soulinthegame.net/ Learn more by connecting with me through Instagram: https://www.instagram.com/lawrencedunning/?hl=en If you liked the show, please leave a 5 star review, like, and subscribe through your favorites streaming platform. Until next time, love and good vibes. 

Get Your Soul in the Game   Take away: Focus on being mindful.   Action step:  Be in the pursuit of being kind   Money Learnings: Vitaliy learned very little about money as he was growing up. They were living in Russia. He worked as a busboy at the village Inn.   Bio: Vitaliy Katsenelson was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.”   He's written for publications including Financial Times, Barron's, Institutional Investor and Foreign Policy. His articles are also published on his website, ContrarianEdge, and in audio format on his Intellectual Investor Podcast. Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. Soul in the Game is his third book, and first noninvesting book. Highlights from this episode:  Left Russia and came to America Teaching kids about money The melody of life The Jeffersonian lunch  The stoic philosophy   Primary content website: https://soulinthegame.net/ http://contrarianedge.com/ Podcast: http://investor.fm/ Investment firm: http://imausa.com/ Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom!   Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul https://www.facebook.com/richersoul   http://richersoul.com/   rocky@richersoul.com   Some music provided by Junan from Junan Podcast   Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

In this special episode from the Stacking Benjamins Podcast, Vitaliy explores his youth in Murmansk, how he was influenced by his mother and father growing up, the role of pain in creativity, and the tenets of Soul in the Game. Enjoy! You can listen... The post The Stacking Benjamins Podcast Interview appeared first on The Intellectual Investor.

In this special episode from the Stacking Benjamins Podcast, Vitaliy explores his youth in Murmansk, how he was influenced by his mother and father growing up, the role of pain in creativity, and the tenets of Soul in the Game. Enjoy! You can listen to the original interview here: https://www.stackingbenjamins.com/vitaliy-katsenelson-1214/    

Today's episode features Vitaliy Katsenelson, author of Soul in the Game and creator of Contrarian Edge. Vitaliy spent the first eighteen years of his life in Murmansk, Russia, a city located above the Arctic Circle in the northwestern corner of Russia. He and his family then emigrated to the U.S. in 1991 where he would study to become a Chartered Financial Analyst (CFA). Vitaliy entered this country with a very strong scarcity mindset, even being blown away by the idea that you could have soda whenever you wanted. Over the years, Vitaliy would begin writing with a focus on value investing. He started with a more analytical approach that covered financial topics, but over time, his audience grew to ask more and more for his personal stories. Today, he fully embraces that form of author he has become with his new book Soul in the Game. We cover some of the topics from his book such as a method to reduce decision fatigue which Vitaliy calls half-binary decisions, the importance of sinking funks, and how emotional intelligence affects investing. Vitaliy has so much more to offer in this episode as well as in his books so we hope you find a nugget to help you live a more meaningful life. If you enjoyed this episode as much as we did, please share! Links From the Episode Soul in the game - Vitaliy's New Book Contrarian Edge 6 Commandments of Value Investing The Intelectual Investor Podcast YouTube Interview https://youtu.be/s0NgyNJQOqk Join the Community We'd love to hear your comments and questions about this week's episode. Here are some of the best ways to stay in touch and get involved in The FI Show community! Grab the Ultimate FI Spreadsheet Join our Facebook Group Leave us a voicemail Send an email to contact [at] TheFiShow [dot] com If you like what you hear, please subscribe and leave a rating/review! >> You can do that by clicking here

BIO: Vitaliy has written two books on investing and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” STORY: Vitaliy bought stocks in a company that had been named the worst company ever. He bought the stock at $16, it went to $10, and then up to $26. Vitaliy sold, and this is a decision that he regrets. Today, the stock is at $120. LEARNING: Be willing to endure short-term pain for long-term gain. Don't stop researching. Use stop losses to exit bad investments.   “Don't shrink your investment time horizon.”Vitaliy Katsenelson  Guest profilehttps://www.linkedin.com/in/katsenelson/ (Vitaliy Katsenelson) was born in Murmansk, USSR, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007 and CEO in 2012. Vitaliy has written https://amzn.to/3KA73v4 (two books on investing) and is an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him “The New Benjamin Graham.” He's written for publications including Financial Times, Barron's, Institutional Investor and Foreign Policy. His articles are also published on his website, https://contrarianedge.com/ (ContrarianEdge), and in audio format on his https://investor.fm/ (Intellectual Investor Podcast). Vitaliy lives in Denver with his wife and three kids, where he loves to read, listen to classical music, play chess, and write about life, investing, and music. https://amzn.to/3THwAa6 (Soul in the Game) is his third book and first noninvesting book. Worst investment everTen years ago, Vitaliy invested in Electronic Arts (EA), a gaming company. At the time, the company had been named by Consumerist magazine as the worst company ever. The company spent 500 million dollars on a Star Wars game that flopped. When Vitaliy was buying the stock, a couple of things were happening. People were transitioning from purchasing games at the store to downloading games. Smartphones were becoming a significant market for video games. With this in mind, Vitaliy figured the gaming market was about to become much more extensive; therefore, EA's profitability would skyrocket. So he bought the stock at $16 despite the negative valuation. The following year the stock went to $10. Vitaliy was frustrated. Then over the next year, the stock went up to $26. He was over the moon. He had just doubled his money. Vitaliy decided to sell because he was just so exhausted from owning the stock. This is a decision that he regrets. Today, the stock is at $120. Lessons learnedWhen investing, you have to be willing to endure short-term pain for long-term gain. Go in with your eyes open. Don't shrink your investment time horizon. Precondition yourself through the negative realization that stocks can decline 30-50% so that it doesn't hurt as much when it happens. Don't stop doing research. Andrew's takeawaysUse stop losses to exit a poorly performing stock, then reenter that position later when you feel the timing is better. Actionable adviceWhen picking a stock, consider the company's earnings power for the next three, four, or five years. Vitaliy's recommended resourcesDownload https://contrarianedge.com/the-6-commandments-of-value-investing/ (The Six Commandments of Value Investing) for FREE to learn the principles behind the investing approach popularized by Warren Buffett and how you can apply them in the real world. Listen to his https://investor.fm/ (Intellectual Investor Podcast) for the best investing tips. No.1 goal for the next 12 monthsVitaliy's number one goal in life is just to wake up every day and live every day as if it was his last day and simply have a healthy, happy day. Parting words  “Let's enjoy life and prosper.”Vitaliy Katsenelson  [spp-transcript]   Connect with Vitaliy Katsenelson https://www.linkedin.com/in/katsenelson/ (LinkedIn)...

Vitaliy Katsenelson was born in Murmansk, Russia and immigrated to the United States with his family in 1991. He is the author of Soul in the Game, The Art of a Meaningful Life. He is the CEO of Denver-based value investment firm IMA. Vitaliy has also written two books on investing. Forbes Magazine called him “The New Benjamin Graham.” He's written for the Financial Times, Barron's, Institutional Investor and Foreign Policy. Vitaliy lives in Denver with his wife and three children, where he loves to read, listen to classical music, play chess, and write about life, investing, and music."There are four modes of communicating: preacher, prosecutor, politician, and scientist. So those three Ps are very important modes, but if you spend all your time in these modes, you will learn very little because all of them are kind of outward-looking modes. You're trying to convince others, and you don't learn very much when you're in those modes. Now, I would argue that most of us need to spend a good chunk of our time in a scientist mode. If you are in a scientist mode, then you are doing what Seneca said, "time discovers truth."So in the scientist mode, everything you look at is a hypothesis, and then all you're trying to do is just trying to figure out if your hypothesis is right or wrong. And therefore in the debate, you're trying to understand the other person's side, not necessarily be in prosecutor mode to convince the person to change his or her mind.We want to be very careful that ideas don't become our identity because once they do, we can't change it. In fact, I would argue, we have to be very mindful and evaluate our identity because a lot of times our identity is formed through completely random experiences."https://soulinthegame.nethttps://contrarianedge.comhttps://imausa.comwww.creativeprocess.infowww.oneplanetpodcast.org

"There are four modes of communicating: preacher, prosecutor, politician, and scientist. So those three Ps are very important modes, but if you spend all your time in these modes, you will learn very little because all of them are kind of outward-looking modes. You're trying to convince others, and you don't learn very much when you're in those modes. Now, I would argue that most of us need to spend a good chunk of our time in a scientist mode. If you are in a scientist mode, then you are doing what Seneca said, "time discovers truth."So in the scientist mode, everything you look at is a hypothesis, and then all you're trying to do is just trying to figure out if your hypothesis is right or wrong. And therefore in the debate, you're trying to understand the other person's side, not necessarily be in prosecutor mode to convince the person to change his or her mind.We want to be very careful that ideas don't become our identity because once they do, we can't change it. In fact, I would argue, we have to be very mindful and evaluate our identity because a lot of times our identity is formed through completely random experiences."Vitaliy Katsenelson was born in Murmansk, Russia and immigrated to the United States with his family in 1991. He is the author of Soul in the Game, The Art of a Meaningful Life. He is the CEO of Denver-based value investment firm IMA. Vitaliy has also written two books on investing. Forbes Magazine called him “The New Benjamin Graham.” He's written for the Financial Times, Barron's, Institutional Investor and Foreign Policy. Vitaliy lives in Denver with his wife and three children, where he loves to read, listen to classical music, play chess, and write about life, investing, and music.https://soulinthegame.nethttps://contrarianedge.comhttps://imausa.comwww.creativeprocess.infowww.oneplanetpodcast.org

Vitaliy Katsenelson was born in Murmansk, Russia, and immigrated to the United States with his family in 1991. After joining Denver-based value investment firm IMA in 1997, Vitaliy became Chief Investment Officer in 2007, and CEO in 2012. Vitaliy is also an award-winning writer. Known for his uncommon common sense, Forbes Magazine called him "The New Benjamin Graham." He's written for publications including Financial Times, Barron's, Institutional Investor and Foreign Policy. Soul in the Game is his third book, and first non-investing book.https://contrarianedge.com https://soulinthegame.net "Live Free or Dialogue" is a video conversation series within Michael Todd Fink's "Kind Mind" podcast platform and based on the etymology of the word dialogue: two individuals (di) communicating with openness, respect and mutual search for meaning (logos). https://www.michaeltoddfink.comYou can support this podcast and access bonus content here: https://patreon.com/kindmind

Vitaliy Katsenelson is this week's guest. We talk about the essence of life and how to gain purpose and meaning. New book alert! Soul in the game... Vitaliy Katsenelson was born and raised in Murmansk, Russia (the home for Russia‘s northern navy fleet, think Tom Clancy‘s Red October). Immigrated to the US from Russia in 1991 with all his family three brothers, father, and stepmother. His professional career is easily described in one sentence: He invests, He educates, he writes, and he could not dream of doing anything else. He is Chief Investment Officer at Investment Management Associates, Inc (IMA), a value investment firm based in Denver, Colorado. After he received his graduate and undergraduate degrees in finance (cum laude) from the University of Colorado at Denver, and finished his CFA designation, he wanted to keep learning. He figured the best way to learn is to teach. At first, he taught an undergraduate class at the University of Colorado at Denver and later a graduate investment class at the same university that he designed based on his day job. He found that the university classroom was not big enough, so he started writing. He writes a monthly column for Institutional Investor Magazine and he has written articles for the Financial Times, Barron‘s, BusinessWeek, Christian Science Monitor, New York Post, and the list goes on. He was profiled in Barron‘s, and has been interviewed by Value Investor Insight, Welling@Weeden, BusinessWeek, BNN, CNBC, and countless radio shows. Vitaliy has authored the Little Book of Sideways Markets (Wiley, 2010) and Active Value Investing (Wiley, 2007), and Soul In the Game. Follow @vitaliyk Looking for style diversification? More information on the TDI Managed Growth Strategy - https://thedisciplinedinvestor.com/blog/tdi-strategy/ eNVESTOLOGY Info - https://envestology.com/ Stocks mentioned in this episode: ()

Photo: Nuclear power, Russia, Murmansk region. Polar dawns. Concern Atomprom. Kola NPP. 1st turn. Blocks No. 1,2. Engine room. In the foreground TG-1 K-220-44. CBS Eye on the World with John Batchelor CBS Audio Network @Batchelorshow #Ukraine: Why the Russians attacked the Zaporizhzhia nuclear power site. Mike Hewitt, IP3 Security.  LA. https://nationalinterest.org/feature/energy-sovereignty-will-be-westphalian-principle-21st-century-200724--