Podcasts about NAV

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "The one thing more difficult than following a regimen is not imposing it on others." - Marcel Proust Gratitude: Breathing Fresh Air. Being able to step outside to breathe in fresh air is a good reminder how many little things we should be thankful for. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If you're not listening to this on your Alexa, you should be! Visit TheDailyRefresh.com and click on the word Alexa in the Nav bar for a tutorial on making The Daily Refresh one of your Flash Briefings.

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "Good manners will open doors that the best education cannot." - Clarence Thomas Gratitude: Going to a wedding that's actually fun for everyone. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

Shawn O'Malley and Daniel Mahncke break down Exor NV (ticker: EXO), a unique holding company that has acted as a vehicle for the family wealth of Fiat's founder, but now poses a compelling arbitrage opportunity, with Exor's stock trading at nearly a 60% discount to its net asset value. IN THIS EPISODE, YOU'LL LEARN: 00:00:00 – Intro 00:04:55 – How Ferrari became Exor's largest investment 00:06:16 – Whether Exor actually offers discounted exposure to companies like Ferrari, Stellantis, and CNH 00:16:48 – What markets Exor is focusing on most now 00:19:45 – Why Exor trades at such a discount to its NAV 00:42:02 – Why Exor trimmed part of its Ferrari stake 00:45:01 – Why Exor is unlikely to be forced to realize its NAV by outsiders 00:51:03 – Why Exor reclassified itself from an industrial conglomerate to an investment company 01:00:11 – How to think about modeling EXO's intrinsic value 01:09:24 – Whether Shawn and Daniel add EXO to their Intrinsic Value Portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES The Investors Podcast Network is excited to debut a new community known as The Intrinsic Value Community for investors to learn, share ideas, network, and join calls with experts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sign up for the waitlist(!)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Sign up for ⁠⁠The Intrinsic Value Newsletter.⁠⁠ Shawn & Daniel use Fiscal.ai for every company they research — use their referral link to get started with a 15% discount! Learn how to join us in Omaha for the 2026 Berkshire Hathaway shareholder meeting. Check out the Interview with Exor's CEO, John Elkann. Check out the 2020 Value Investors Club pitch on Exor. Read the 2011 book on the Agnelli family history. Explore our previous Intrinsic Value breakdowns: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Transdigm⁠⁠, ⁠⁠Salesforce,⁠⁠ ⁠⁠Berkshire Hathaway,⁠⁠ ⁠⁠FICO⁠⁠, ⁠⁠PayPal⁠⁠, ⁠⁠Uber,⁠⁠ ⁠⁠Nike,⁠⁠ ⁠⁠Amazon⁠⁠, ⁠⁠Airbnb,⁠⁠ ⁠⁠Alphabet.⁠⁠ Related ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠books⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try Shawn's favorite tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORS Support our free podcast by supporting our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sponsors⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠: ⁠Public.com⁠⁠⁠⁠ - See the full disclaimer ⁠⁠⁠⁠here⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "We're here for a reason. I believe a bit of the reason is to throw little torches out to lead people through the dark." - Whoopi Goldberg Gratitude: When the nail salon has the exact shade of polish you wanted. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If you're not listening to this on your Alexa, you should be! Visit TheDailyRefresh.com and click on the word Alexa in the Nav bar for a tutorial on making The Daily Refresh one of your Flash Briefings.

John talks with Howard Pearl — CEO of CARS (Charitable Adult Rides & Services), longtime C-Suite executive with over three decades of leadership experience, Harvard Business School OPM alumnus, serial entrepreneur and turnaround specialist. CARS is a nonprofit organization that helps other nonprofits raise money by running vehicle donation programs for them. Listen to this episode to learn more: [00:00] - Intro [00:55] - Howard's bio and backstory [04:04] - Framework for building the right workplace culture [08:41] - Business success is all about relationships [10:56] - The mindset of people working in nonprofits [16:27] - How CARS works behind the scenes [19:35] - How Howard expanded CARS [21:33] - Knowing when it's time to train someone else and step aside [26:47] - How CARS operates differently from other nonprofits [27:19] - Running nonprofits like real businesses [30:02] - ISO-certified and NAV for transparency and trust [31:55] - The 80/20 cost-sharing model NOTABLE QUOTES: "Nobody works for me, because people do things for their own reasons, not for mine. So I have to understand what their reasons are." "You can teach anybody how to turn a machine on and off, but you need a great culture to make sure that that machine keeps running." "If cost is the reason that somebody comes to you, it's the exact reason they will leave you." "Trust can only be there if there's integrity. Integrity can only be there if there's respect by experience." "The real joy is in the act of giving, not the gift." "In order to be great in business, it actually starts at home. Because life and business are all about relationships. Anyone who thinks business is about money misses the mark." "If you can't grow, then you've got to go. Once you hit your limit, or once you're bored, or once you are no longer interested, you need to know it's time to train somebody and move on, and give somebody the opportunity to make it even bigger and better than you did." BOOK MENTIONED: The Gratitude Diaries by Janice Kaplan (https://a.co/d/fvZntwy) USEFUL RESOURCES: https://www.careasy.org/ https://www.linkedin.com/in/howardpearl/ https://www.linkedin.com/company/charitable-auto-resources/ https://www.instagram.com/cars_charitableadultrides/ https://www.facebook.com/howard.pearl https://www.facebook.com/carsorg/ https://x.com/charitableauto CONNECT WITH JOHN Website - https://iamjohnhulen.com    LinkedIn - https://www.linkedin.com/in/johnhulen Instagram - https://www.instagram.com/johnhulen    Facebook - https://www.facebook.com/johnhulen    X - https://x.com/johnhulen    YouTube - https://www.youtube.com/channel/UCLX_NchE8lisC4NL2GciIWA    EPISODE CREDITS Intro and Outro music provided by Jeff Scheetz - https://jeffscheetz.com/ 

Někdejší vůdce liberální opozice proti komunistickému režimu, student Oxfordské univerzity díky stipendiu nadace finančníka George Sorose, politická naděje po neúspěšné vládě socialistů. A potom pionýr iliberální demokracie, autokrat, spojenec Vladimira Putina a obdivovatel Donalda Trumpa. To vše je maďarský premiér Viktor Orbán. Co způsobilo jeho politický obrat? To rozebírají v podcastu Na Východ! Josef Pazderka a Ondřej Soukup s Martinem Ehlem z Hospodářských novin.

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "It's wonderful what we can do if we're always doing." - George Washington Gratitude: When you don't have your period on your birthday or some other really important event. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

Gjennom julen og nyttår vil du få totalt 6 episoder av Paretopodden med det siste fra olje, offshore og shipping.I den femte episoden av Paretopodden "Julespesial 2025" deler Pareto Securities' aksjeanalytiker Helene Tingvold innsikt i fornybarsektoren og hvorfor det nå kan være et interessant tidspunkt for investorer. Til tross for et flatt år så langt i 2025, finnes det store forskjeller mellom selskapene, og renteutviklingen fortsetter å være en sentral driver for aksjeprisene på sektornivå.Helene forklarer hvorfor Bonheur skiller seg ut. Aksjen handler til en NAV-rabatt på rundt 35 % og det forventes høy verdiskaping i alle hovedsegmentene fremover. Med konservativ verdsettelse av både havvindinstallasjonenbåtene og cruise, som impliserer høy direkteavkastning, samtidig som havvindsprosjektet Codling på 1.3GW har forutsetninger for betydelig verdiskaping gjennom god prosjektøkonomi, ser hun potensial for at Bonheur bygger NAVen fremover. I tillegg har man sett historisk at rabatten til NAV har kommet ned etter perioder med god NAV avkastning.Lytt til episoden for å få bedre innsikt i hvordan verdsettelsen i fornybar-sektoren påvirkes av makroforhold og prosjektutvikling.Disclaimer:Pareto Securities' podkaster inneholder ikke profesjonell rådgivning, og skal ikke betraktes som investeringsrådgivning. Handel i verdipapirer medfører til enhver tid risiko, og historisk avkastning er ingen garanti for fremtidig avkastning. Pareto Securities er verken rettslig eller økonomisk ansvarlig for direkte eller indirekte tap, eller andre kostnader som måtte påløpe ved bruk av informasjon i denne podkasten.Se våre nettsider https://paretosec.com/our-firm/compliance/ for mer informasjon og full disclaimer. Hosted on Acast. See acast.com/privacy for more information.

My interview with Nic Roberts-Huntley, CEO and Co-Founder of Blueprint Finance. We explore whether DeFi infrastructure is mature enough for institutional adoption, where the biggest gaps still exist, and what needs to change for sustainable, institutional-grade returns in digital assets. - How close DeFi infrastructure really is to being institution-ready - The biggest gaps holding back adoption, from accounting to custody and NAV management - Why ETFs are not the same as true on-chain asset deployment - Whether regulation creates clarity or risks stifling innovation - Why capital efficiency, risk management, and insurance markets are critical for DeFi's next phase - What recent market volatility revealed about leverage, risk, and long-term sustainability Powered by Phoenix Group The full interview is also available on my YouTube channel: YouTube: https://bit.ly/44NPxPt  

We blue ourselves for this third installment of James Cameron's Pandora odyssey "Avatar: Fire and Ash"! Can big Jim go the distance with a third Nav'i film or is it time to abandon ship? If you're enjoying the show, consider buying us a coffee, sending us an email or hitting us up on Letterboxd, Twitter(X), BlueSky or Instagram!You can catch our episodes early and ad free over on Nebula! Sign up with the link below. It really helps out the pod so we thank you in advance!https://go.nebula.tv/theonlypodcastaboutmoviesSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Raidījumā Augstāk par zemi sasveicinos ar jums pēdējo reizi. Nākamgad raidījums vairs Latvijas Radio ēterā neskanēs, un tā ir mana izvēle. Turpināšu ar jums sasveicināties Starpbrīža kultūras afišā un arī raidījumā Kultūras rondo.  Noslēguma raidījumā, par dažiem, raidījuma Augstāk par zemi 15 gadus ilgajā ceļā satiktajiem.  -- Vilks ķer kazu. Tumsa ķer gaismu. Šis stāsts jo īpaši svarīgs ir Ziemassvētku laikā. Un mēs jau zinām kā tas beigsies. Vilks kazu saplosīs. Nav zināms kā, bet gaisma tomēr atgriezīsies. Tas ir mūžības rits. Kuram līdzās cilvēks savas izvēles izdara ik dienas. Un nekas jau nebeidzas. Beidzas tikai šis projekts: mēģinājums 15 gadus ik nedēļas pabūt kaut pusstundu Augstāk par zemi. Paldies Latvijas Radio 1 direktorei Inesei Matjušonokai, kura nenoraidīja autorraidījuma ideju, paldies Ģirtam Bišam par joprojām neapnikušo raidījuma džinglu, paldies Ingvildai Strautmanei par viņas balsi džinglā. Paldies šī raidījuma skaņu operatoriem – brāļiem Jānim un Valdim Raitumiem, vienmēr ir bijis prieks strādāt ar Aleksi Šaicanovu, arī šī raidījuma skaņu operatoram Rūdolfam Ozolam. Jo īpaši paldies visiem satiktajiem, un visiem klausītājiem. Atvados, līdz no jauna satiksimies!

Would you like to know more? Flick me a message!Today we're going to break down what CFIT and LOC-I actually mean, why they're still such a stubborn problem, what the leading causes look like across airlines, helicopters, and general aviation, and how we train to mitigate them — including the tricky bit: risk versus reward in training, and where simulators genuinely move the needle.Support the showEmail: info@trentrobinsonaviation.com.au Online Training http://courses.flighttrainingaustralia.com.au Affiliate Links: Pilot LogbookDigital Excel spreadsheet logbook for a one off payment. Podcast listeners get 20% Off!! Nav & Co Pilot Nav Bags - Get $10 off using the code FTAPODCAST Social Media Links: Facebook: http://www.facebook.com.au/trentrobinsonaviation Instagram: http://www.instagram.com/trent_robinson_aviation YouTube: https://www.youtube.com/@flighttrainingaustraliaTikTok https://www.tiktok.com/@flighttrainingaustraliaPodcast Episodes: http://www.flighttrainingaustralia.com.au

Toma al Niño

V posledním vydání cyklu Jihomoravský rok jsme se věnovali Dni rodinné historie. Ten připadá na 23. prosinec. Populární je v Americe a vyzývá členy rodiny, aby se v čase svátečním sešli a trávili spolu více času. Například prohlížením starých fotografií nebo nasloucháním. Navštívíme mateřské centrum i domov seniorů, zeptáme se, jak vnímá symboliku svaté rodiny architekt Jan Marek Štěpán. A k mikrofonu pozveme i lektora osobního rozvoje Marka Hermana.

In this special, end of year edition of the Money Makers Investment Trusts Podcast, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the AIC Best Broadcast Journalist Award (2024 and 2025), is joined by four guests for their comments on the year just gone and the outlook for 2026. Those guests are Ben Conway, James Carthew, Anthony Leatham, and Max King These discussions were recorded between 12-18 December 2025. *** OUT NOW: The 2026 Investment Trusts Handbook *** Available to order from Harriman House: https://harriman-house.com/authors/jonathan-davis/the-investment-trusts-handbook-2026/9781804094358 The Investment Trusts Handbook 2026 is the ninth edition of the highly regarded annual handbook for anyone interested in investment trusts – often referred to as the City's best-kept secret, or the connoisseur's choice among investment funds. It is expertly edited by well-known author and professional investor Jonathan Davis, founder and editor of the Money Makers newsletter and podcast. The Investment Trusts Handbook 2026 is an independent educational publication, available through bookshops and extensively online. With articles by 30 different authors, including analysts, fund managers and investment writers, plus more than 80 pages of detailed data and analysis, the latest edition is an indispensable companion for anyone looking to invest in the investment trust sector. *** Section Timestamps: 0:00:24 - Looking back at 2025 0:04:37 - Investment Trusts Handbook 2026 0:05:32 - Ben Conway 0:13:49 - James Carthew 0:23:58 - A short break 0:25:04 - Anthony Leatham 0:36:31 - Max King 0:47:18 - Close If you enjoy the weekly podcast, why not also try the Money Makers Circle? This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, links to third party research, market/portfolio reviews and regular comments from the editor. A subscription costs £12 a month or £120 for one year. Our weekly subscriber email includes a comprehensive summary of all the latest news plus the week's biggest share price, NAV and discount movements. Subscribe and you will never miss any important developments from the sector. For more information please visit https://money-makers.co/circle. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free for the foreseeable future. We are very grateful for your continued support and the enthusiastic response to our more than 310 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin - www.bgprofessional.co.uk

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "There are two ways of meeting difficulties: you alter the difficulties or you alter yourself meeting them." - Phyllis Bottome Gratitude: Genuine, heartwarming internet comments. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If you're not listening to this on your Alexa, you should be! Visit TheDailyRefresh.com and click on the word Alexa in the Nav bar for a tutorial on making The Daily Refresh one of your Flash Briefings.

Introduction December 27th brings sudden urgency—just four days remain to implement critical year-end financial strategies that could save thousands in taxes, reduce portfolio risk, and position retirement accounts for 2025 success. Most people spend more time planning vacations than reviewing their largest asset: their retirement portfolio. But the market’s strong multi-year run has created hidden dangers in 401(k) accounts, particularly for those approaching retirement who haven’t rebalanced in years. In this episode of The Tom Dupree Show, Tom Dupree and Mike Johnson provide an essential year-end checklist covering portfolio drift, account consolidation, tax-smart charitable giving, target date fund dangers, and fraud protection as scam season intensifies. Portfolio Drift: The Silent Risk Multiplier What Five Years Did to Your 401(k) If you established a 60/40 portfolio (60% stocks, 40% bonds) five years ago and never rebalanced, you’re sitting on dramatically more risk than intended. “If you had a 60-40 split in 2020, today you’re at about 76% stocks if you’ve made no changes,” Mike Johnson explained. “And your account’s worth 20 or 30% more, so there’s more dollars at stake, at risk.” The drift problem: Stocks outperformed bonds over five years Your stock allocation grew from market gains Total account value increased substantially Risk exposure multiplied Example: $500,000 in 2020 (60% stocks = $300,000) is now $650,000 with 76% stocks = $494,000 in equities. Your stock exposure grew 65%. S&P 500 Concentration Risk “About 40% of the S&P 500 is allocated to tech and high multiple stocks,” Mike noted. “If it’s been on autopilot, now is as good a time as any to look at it critically.” Market Corrections Are Inevitable “On average, every year you have a 10% drop in the market. That’s just the cost of admission,” Mike explained. “We had one back in April—it was closer to 20%. You were looking at 40, 50% drops in some things.” “A lot of people have forgotten how—and even that they should—play defense, especially when you’re getting close to retirement,” Mike cautioned. Year-end action: Check your actual allocation today. If stocks exceed your risk tolerance, rebalance before December 31st. Account Consolidation: Simplify Now The Multiple Account Problem “People’s thinking is, if I have this account over here and this account over here, I’ve got more money,” Tom observed. “When they consolidate those accounts, every one of those five pieces put together as one is gonna get managed better.” Hidden Costs of Scattered Accounts “It’s really hard to track performance if you have multiple accounts,” Mike explained. “It’s much simpler, much more accountable when it’s all consolidated together.” Problems with scattered accounts: Impossible to track overall performance Multiple RMD calculations Complex tax reporting Higher fees (missing breakpoint discounts) Poor overall portfolio coordination Mike’s consolidation benefits: “Proper investment to reach your goals, performance tracking, tax reporting, tax planning, and possible discounts on fees.” Year-end action: List all retirement accounts—schedule consolidation to simplify 2025 RMDs and reduce fees. Tax-Smart Year-End Strategies Strategy 1: Gift Appreciated Stock “Let’s say you give $10,000 a year to charity. You can gift those appreciated shares of stock to the organization,” Mike explained. “You can put that money right back into your brokerage account and reinvest it. You could even repurchase the same stock.” The double benefit: Charitable deduction for full market value Avoid capital gains tax on appreciation Example: Stock purchased for $4,000, now worth $10,000. Gift it, avoid $6,000 capital gain, use the $10,000 cash to buy it back. Strategy 2: Qualified Charitable Distribution “If you’re of the age where you have required minimum distributions, you can do a qualified charitable distribution,” Mike explained. “If you gift the RMD straight to the charity, it never flows through as taxable income to you.” QCD advantages: Counts toward RMD requirement Reduces adjusted gross income Lowers Medicare premiums Reduces taxes on Social Security Works even if you don’t itemize Year-end deadline: Execute stock gifts or QCDs before December 31st to count for 2024 taxes. The In-Service Rollover: Plan Three Years Ahead Act at Age 59½—Even While Working “At 59 and a half, you can do what’s called an in-service rollover,” Mike explained. “Even if you’re still employed and working, you can move over the balance of your 401(k) to an IRA and invest it more specifically for your situation.” The Three-Year Retirement Transition “Let’s say you’re 59 and a half and planning on retiring at 62. You can do that rollover, get the funds invested into an income-producing portfolio,” Mike detailed. “While you’re working, that income just reinvests back in. But when you hit 62, that portfolio’s already in place, it’s already working, and literally it’s linked to your checking account.” Tom emphasized the benefit: “It makes the retirement process more comfortable because you’re not leaving work and at the same time coming in brand new, getting comfortable with our investment approach. You’ve planned for it.” The seamless transition: Portfolio established 2-3 years before retirement Dividends reinvest while still working At retirement, switch to income payout mode No adjustment period or uncertainty Year-end action: If age 59½+, investigate in-service rollover options. Target Date Funds: Hidden Dangers The Collective Investment Trust Problem “52% of the assets in target date funds—over $2 trillion—are now in collective investment trusts,” Mike reported. What makes CITs dangerous: “A collective investment trust—they’re not required to register with the SEC,” Mike explained. “They don’t have to report, as transparently, all the internal fees. And they’re allowed to hold more illiquid investments inside of them.” The Blue Rock Disaster “There was a private real estate fund—the Blue Rock Total Income Fund,” Mike detailed. “The net asset value when it was private was about $24 a share. They decided to go public. The fund closed the day it went public at $14.70.” Investor loss: 39% immediately when real market pricing was revealed. “The NAV was bogus. It was totally bogus,” Mike concluded. The Vanguard-TIAA Annuity Trap “Vanguard announced they’re partnering with TIAA, and the target date fund automatically enrolls the investor in an annuity,” Mike reported. “What they’re hoping is that these people that have been on autopilot for 40 years—they’re not gonna change from being on autopilot at year 41,” Mike explained. “It’s just gonna automatically roll into these annuities. This is a money grab to keep the assets locked in.” Why Dupree Financial Group Avoids Them “We don’t use target date funds. We don’t like what the target date fund does to the client’s return,” Tom stated. “It’s about having all your money in one spot the day you retire. That money doesn’t need to be in one spot. It needs to be growing and throwing off dividends.” Mike: “The target date’s all based on historical averages. It doesn’t take into account what’s going on in the market or your situation.” Year-end action: If in a target date fund, research what’s actually inside it before the “glide path” continues. Year-End Fraud Alert: Peak Scam Season The January-February Surge “This time last year, at the first of the year, was one of the biggest fraud pushes that we’ve seen,” Mike warned. “As we get close to the end of the year, be diligent and protect yourself.” Sophisticated Team Operations “These fraudsters are very convincing. They sound like us. They sound like an advisor,” Mike explained. “They’ll bring somebody onto the line. They’ll keep people on the line for three hours. They’ve gotten used to handling objections.” Real Client Losses “We heard two in a row from our clients—older women, same amount: $10,000 each,” Tom recounted. “One woman could afford it. The other one really couldn’t.” The Defense Strategy “The first line of defense is you, the client,” Mike stated. “If you have something that pops up on your screen—don’t click there. If somebody calls—call somebody. Call a trusted person. If you’re a client of ours, call us. But do not take action on any of these things.” Critical warning: “Do not verify within their ecosystem. They say, ‘We’ll let you verify,’ and then they transfer you. They’re all working together.” Tom’s advice: “Get off the phone or don’t click on things and get somebody that you trust to find out exactly what’s going on.” Year-end vigilance: Never click pop-ups, never transfer money based on calls, always verify independently. Your Year-End Action Plan Critical Tasks Before December 31st ✓ Check portfolio drift – Verify stock/bond allocation matches risk tolerance ✓ Rebalance if needed – Reduce risk before 2025 ✓ Execute charitable strategies – Gift stock or make QCD before deadline ✓ Consolidate accounts – Simplify RMDs and reduce fees ✓ Research in-service rollovers – If 59½+, investigate options ✓ Review target date funds – Understand holdings before glide path continues ✓ Increase fraud vigilance – Peak scam season protection Questions Before Year-End What’s my actual current allocation? How many retirement accounts do I have scattered? Am I missing tax-saving charitable strategies? Do I understand what’s in my target date fund? Am I 59½+ with rollover options available? The Bottom Line With days remaining in 2024, retirement investors face critical decisions affecting taxes, risk exposure, and 2025 positioning. Portfolio drift has likely pushed your stock allocation far beyond original intentions. Target date funds may contain illiquid investments, opaque fees, and automatic annuitization. But opportunities exist: tax-smart giving, consolidation, in-service rollovers, and rebalancing. “All of these things fit into more of a holistic long-term retirement financial plan,” Mike concluded. “You want everything moving in the right direction to accomplish your goals.” Schedule Your Portfolio Review Is your portfolio drifted into dangerous territory? Missing tax-saving strategies? Approaching retirement without a transition plan? Call (859) 233-0400 or schedule your complimentary portfolio review. Dupree Financial Group – Where we make your money work for you. Important Disclosures Dupree Financial Group is a registered investment advisor with the U.S. Securities and Exchange Commission (SEC). This content is for informational purposes only and does not constitute investment advice, tax advice, or a solicitation. Past performance does not indicate future results. All investments involve risk, including potential loss of principal. Tax strategies should be reviewed with a qualified tax professional. Before making investment or tax decisions, consult qualified professionals. For more information, review our Form ADV Part 2A at www.adviserinfo.sec.gov or call (859) 233-0400. The post Year-End Financial Planning Checklist: Critical Actions Before December 31st appeared first on Dupree Financial.

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "Let the ideas clash but not the hearts." - C. C. Metha Gratitude: The existence of clementines. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

V této epizodě jdeme pod povrch úspěchu, výkonu a podnikání. Lubo Šmíd otevřeně popisuje cestu od budování mezinárodní firmy přes extrémní pracovní tempo až k momentu, kdy tělo řeklo dost - a přinutilo ho přehodnotit celý životní styl.Bavíme se o tom, co znamená skutečná svoboda v podnikání: ne jako romantická představa, ale jako kombinace absolutní volnosti a extrémní zodpovědnosti. O tom, jak se rodí vnitřní stabilita, když firma roste, svět se zrychluje a tlak nepolevuje.Velká část rozhovoru míří do psychologie stresu, rozhodování a zdraví:jak dlouhodobý kortizol tiše rozkládá tělo, proč spánek není slabost, ale strategie, a jak se dá mentálně pracovat s nejhoršími scénáři tak, aby tě neparalyzovaly, ale uklidňovaly.Dotýkáme se i světa technologií, seznamovacích aplikací, party kultury, cirkadiánního rytmu a iluze, že výkon lze donekonečna oddělovat od těla.Tenhle díl není o biohackingu ani o rychlých tipech.Je o dlouhodobé udržitelnosti mysli, byznysu i zdraví s Lubo ŠmídemParťáci dnešní epizody jsou:Magniflex.cz⁠⁠⁠⁠Máme velkou radost, že jsme narazili na celosvětově patentované velmi kvalitní matrace od italské značky Magniflex. Magniflex je dělají z těch nejkvalitnějších materiálů a spolupracují s odborníky na biomechaniku a lékaři. Navíc mají nadstandartně dlouhou záruku proti proležení a to až 12 let. Já mám konkrétně matraci magnistretch s patentovanou technologií, která dokáže tělo při tlaku na ní trošičku protahovat a nemůžu si jí vynachválit. Tak jdi na ⁠⁠⁠⁠Magniflex.cz⁠⁠⁠⁠ a udělej další krok ke kvalitnějšímu spánku a zdraví s Magniflexem.⁠⁠⁠⁠⁠⁠⁠Uplife.cz⁠⁠⁠⁠⁠⁠⁠⁠ -Zadej kód "BWA" pro slevu 10% na vybrané zboží na eshopu ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.uplife.cz/brain-we-are/⁠⁠Kam dále?Kup si jeden z našich online kurzů ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Průvodce Mozkem a Myslí⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, nebo ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Mentální Modely⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ a s kódem "BWA30" je tam SLEVA 30%!Zadej kód "BWA" pro slevu 10% na vybrané zboží na eshopu ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠uplife.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ a ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠herbal-store.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sledujte Brain We Are na sociálních sítích: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ( ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.instagram.com/brain_we_are⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ) nebo⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Facebook ⁠Minutáž:00:00 Úvod a představení Hosta05:52 Vliv dětství a role model rodičů v podnikání07:57 Hodnota svobody a extrémní zodpovědnost11:41 Jak do sebe zapadly čtyři odlišné povahy zakladatelů STRV15:00 Čemu se věnuje STRV a spolupráce se světovými brandy19:32 Éra Tinderu a pohled do zákulisí online seznamek27:12 Trend návratu k seznamování ve fyzickém světě29:27 Nejtěžší momenty v byznysu a spánek jako super síla33:19 Diagnóza cukrovky a okamžitý restart životního stylu38:54 Mentální stabilita a technika negativní vizualizace46:29 Co dokáže rozhodit stabilní mysl? Alergie na neférovost49:07 Síla pozitivního myšlení a nastavení filtru reality01:04:08 Workshop s Jocko Willinkem a princip Extreme Ownership01:07:44 Bryan Johnson a kontroverze hnutí Blueprint01:14:28 Dopad AI na společnost a prodlužování délky života01:19:41 Myšlenka na závěr: Motivace k prvnímu krokuPřechod do VIP části- Nový sen: Cesta k roli vrcholového sportovce- Co je HYROX a proč se stal globálním fenoménem- Enhanced Games: Experimentování s lidskými limity- Autonomní budoucnost a zkušenosti z Waymo a Tesly- Elon Musk: Od politiky zpět k vizím o Marsu- Tesla Master Plan a roboti v naší společnosti

Polský prezident Karol Nawrocki je ve funkci už přes čtyři měsíce a dosud si nenašel čas na cestu na Ukrajinu. Navštívil už třináct zemí, začal hned v USA, vzápětí jel do Říma a do Vatikánu i ke všem sousedům. Na Ukrajinu ale nikoli. To je výrazný diplomatický truc. Bývá přeci zvykem, že nově zvolený politik se jede představit, nikoli naopak.

Televizní program i streamovací platformy ovládly pohádky a vánoční rodinné filmy. Navíc se blíží vysílání většinou ostře sledované štědrovečerní pohádky na České televizi. Jaké máme od tvorby dětských pohádek očekávání? Je tvroba pro děti vnímána jako tvorba pro ženy? A proč je dobré reflektovat v pohádkách i aktuální společenské problémy?Do podcastu MDŽ tentokrát přijala pozvání divadlení autorka a režisérka Janka Ryšánek Schmiedtová a filmová publicistka Kristina Roháčková.Článek a další informace najdete na webu Seznam ZprávySledujte nás na sociálních sítích X, Instagram, Threads nebo Bluesky. Náměty a připomínky nám můžete psát na e-mail zaminutusest@sz.cz

Polský prezident Karol Nawrocki je ve funkci už přes čtyři měsíce a dosud si nenašel čas na cestu na Ukrajinu. Navštívil už třináct zemí, začal hned v USA, vzápětí jel do Říma a do Vatikánu i ke všem sousedům. Na Ukrajinu ale nikoli. To je výrazný diplomatický truc. Bývá přeci zvykem, že nově zvolený politik se jede představit, nikoli naopak.Všechny díly podcastu Názory a argumenty můžete pohodlně poslouchat v mobilní aplikaci mujRozhlas pro Android a iOS nebo na webu mujRozhlas.cz.

V první části Vertikály uslyšíte novinky ze světa náboženství. Na Vánoce se připravují i potomci českých přistěhovalců do USA. Podíváme se tam. Ve stínu útoku v Sydney slaví Chanuku i židovská komunita v Česku. Obědy pro chudé připravuje na několika místech republiky komunita Sant'Egidio. Moderuje Naděžda Hávová.

In this edition of the Money Makers Investment Trusts Podcast, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the AIC Best Broadcast Journalist Award (2024 and 2025), is joined by Andrew McHattie, editor of the Investment Trusts Newsletter. This discussion was recorded on Friday 19 December 2025. We would like to wish all of our listeners a very merry Christmas. Thank you for listening in 2025 and we hope you join us throughout 2026 as we continue to report on developments in the investment trusts sector. *** OUT NOW: The 2026 Investment Trusts Handbook *** Available to order from Harriman House: https://harriman-house.com/authors/jonathan-davis/the-investment-trusts-handbook-2026/9781804094358 The Investment Trusts Handbook 2026 is the ninth edition of the highly regarded annual handbook for anyone interested in investment trusts – often referred to as the City's best-kept secret, or the connoisseur's choice among investment funds. It is expertly edited by well-known author and professional investor Jonathan Davis, founder and editor of the Money Makers newsletter and podcast. The Investment Trusts Handbook 2026 is an independent educational publication, available through bookshops and extensively online. With articles by 30 different authors, including analysts, fund managers and investment writers, plus more than 80 pages of detailed data and analysis, the latest edition is an indispensable companion for anyone looking to invest in the investment trust sector. *** Section Timestamps: 0:00:24 - The investment trusts sector in 2025 0:02:44 - The FCA announcement on cost disclosure 0:07:05 - SpaceX developments 0:12:45 - Saba Capital and an EWI-USA merger 0:16:38 - Saba and Renewables 0:25:27 - A short break 0:26:33 - Chrysalis (CHRY) 0:31:26 - Private equity in general 0:36:25 - RTW Biotech Opportunities (RTW) 0:39:18 - Japanese investment trusts 0:44:04 - Three select results (PCT, FCSS, TEM) 0:48:00 - Looking towards 2026 0:49:14 - Investment Trusts Handbook 2026 0:50:32 - Close If you enjoy the weekly podcast, why not also try the Money Makers Circle? This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, links to third party research, market/portfolio reviews and regular comments from the editor. A subscription costs £12 a month or £120 for one year. This week, as well as the usual features, the Circle features a profile of Ashoka WhiteOak Emerging Markets (AWEM). Our new expanded weekly subscriber email includes a comprehensive summary of all the latest news plus the week's biggest share price, NAV and discount movements. Subscribe and you will never miss any important developments from the sector. For more information please visit https://money-makers.co/circle. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free for the foreseeable future. We are very grateful for your continued support and the enthusiastic response to our more than 310 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin - www.bgprofessional.co.uk

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "It is not good to know more unless we do more with what we already know." - R.K. Bergethon Gratitude: A really kick ass and accurate horoscope. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If you're not listening to this on your Alexa, you should be! Visit TheDailyRefresh.com and click on the word Alexa in the Nav bar for a tutorial on making The Daily Refresh one of your Flash Briefings.

„Máločím jsem si mohl být v Rusku 90. let tak jistý, jako tím, že cestou na Sibiř vždy potkám několik Ježíšů Kristů a několik Marií, které tam jedou Ježíše Krista porodit,“ říká v podcastu Na Východ! fotograf Stanislav Krupař. V chaotické době po pádu Sovětského svazu se totiž Rusové vraceli nejen k pravoslavné církvi, ale v rychle se měnícím světě hledali útočiště i v nových náboženských hnutích. Základem většiny z nich bylo očekávání apokalypsy.

Keillen Ndlovu, independent property analyst, on another standout year for the local Reit market. Discounts to NAV have narrowed – but are the yields still compelling for investors? Harris Gorre of Grovepoint Investment Management on US private credit: a noisy yet resilient year for middle-market direct lending, where volatility unlocked opportunity and borrowers benefited from easing rates and stronger earnings.

Aktualitātes pasaulē analizē Latvijas Ārpolitikas institūta pētnieks un Latvijas transatlantiskās organizācijas valdes loceklis Sandis Šrāders un atvaļināts vēstnieks, ārlietu eksperts Andris Teikmanis. Par notikušo Austrālijā uzklausām Olgu Nemirovsku, kura jau 30 gadus dzīvo Bondai pludmales tuvumā. Asinsdzīres pludmalē Sidnejas Bondai pludmale ir viena no iecienītākajām Austrālijas atpūtas vietām un arī tūristu apmeklēts objekts. Apkārtējos rajonos dzīvo daudzi Sidnejas ebreju kopienas locekļi, un Bondai pludmale ir vieta, kur ik gadus decembrī astoņas dienas norit Hanukas, tradicionālo ebreju svētku, svinēšana. Šogad svētku sākums iekrita 14. decembra pievakarē, un tobrīd Bondai pludmalē bija pulcējušies apmēram tūkstotis cilvēku. Ar automašīnu, kuru rotāja t.s. Islāma kalifāta karogs, pie pludmales ieradās tēvs un dēls Akrami – piecdesmit gadus vecais Sādžids, ieceļojis no Indijas 1998. gadā, un viņa Austrālijā dzimušais atvase Navīds, 24 gadus vecs. Abi bija bruņoti līdz zobiem – viņiem līdzi bija pavisam seši šaujamieroči, visi Akrama vecākā legāli iegādāti. Automašīnā vēlāk tika atrasti arī vairāki pašdarināti spridzekļi. Izkāpjot no mašīnas, abus pamanīja gados vecāks ebreju pāris – Sofija un Boriss Gurmani. Mēģinot aizturēt bruņotos vīrus, laulātie draugi tika nošauti. Viņi kļuva par pirmajiem 14. decembra terorakta upuriem. Tad, izvietojušies uz viena no gājēju tiltiņiem pie promenādes, tēvs un dēls sāka šaut uz Hanukas svētku dalībniekiem. Pēc brīža Sādžids Akrams devās tuvāk pludmalei, un te viņam ar kailām rokām uzbruka augļu tirgotavas īpašnieks Ahmeds al Ahmeds, starp citu, 2006. gadā Austrālijā ieceļojis islāmticīgs sīrietis. Viņam izdevās atņemt šāvējam ieroci, taču Akrams vecākais atgriezās uz tiltiņa, kur paķēra nākamo šaujamo un līdz ar dēlu turpināja savu asisnsdarbu. Ahmeds al Ahmeds tika sašauts rokā, savukārt Reuvens Morisons, kurš mēģināja kavēt teroristus, metot uz viņiem akmeņus, – nošauts. Līdz brīdim, kad notikuma vietā ieradās policija un neitralizēja šāvējus, tēvu Sādžidu nogalinot uz vietas un dēlu Navīdu smagi ievainojot, abiem izdevās nogalināt pavisam 50 cilvēkus, tai skaitā 10 gadus vecu meitenīti un 87 gadus veco holokaustā izdzīvojušo Ukrainas ebreju Aleksandru Kleitmanu, un vēl 39 ievainot. Nozieguma motīvi ir nepārprotami – antisemītisms un islāma radikālisms, kuru, iespējams, uzkurinājusi pašreizējā Izraēlas un Gazas konflikta rezultātā pieaugusī spriedze Austrālijas ebreju un musulmaņu kopienu starpā. Kā tagad atklājies, 2019. gadā Navīds Akrams nonācis Austrālijas izlūkdienesta uzmanības lokā, taču toreiz secināts, ka viņš nav sabiedrībai bīstams. Sādžids Akrams līdz šim nav radījis nekādas aizdomas nedz varasiestādēm, nedz apkārtējiem līdzpilsoņiem. Gandrīz visu novembri tēvs un dēls pavadījuši Mindanao salā, kas ir Filipīnu musulmaņu kopienas mājvieta un kur ar t.s. Islāma kalifātu saistīti kaujinieki 2017. gadā vairākus mēnešus pretojās valdības karaspēkam. Dancis pa trim Berlīnē Pagājušajā svētdienā un pirmdienā (14. un 15. decembrī) Vācijas galvaspilsētā risinājās kārtējais sarunu raunds, kur galda vienā pusē bija jau ierastie prezidenta Trampa īpašie pārstāvji Stīvs Vitkofs un Džareds Kušners, bet otrā – Ukrainas prezidents Volodimirs Zelenskis, Ukrainas galvenais sarunvedējs Rustems Umerovs un arī Vācijas kanclers Frīdrihs Mercs. Sarunu otrajā kārtā minētajiem pievienojās visai reprezentatīvs Eiropas politisko līderu loks, tā uzskatāmi demonstrējot Eiropas apņēmību arī turpmāk stingri balstīt Ukrainu tās pretstāvē impēriskajam agresoram austrumos. Noslēguma paziņojumu pirmdien Berlīnē parakstīja Vācijas, Dānijas, Francijas, Itālijas, Nīderlandes, Norvēģijas, Polijas, Zviedrijas un Lielbritānijas valdību vadītāji, kā arī Eiropas Komisijas prezidente un Eiropadomes prezidents. Dokuments ir atvērts arī citu valstu apstiprināšanai. Publiskotā informācija liecina, ka Berlīnē panākts vienots redzējums starp amerikāņiem un eiropiešiem par drošības garantiju modeli Ukrainai. Tas paredz, ka miera laikā Ukrainas bruņoto spēku lielums ir 800 000 militārpersonu, un Eiropa turpina sniegt Kijivai visa veida militāro, drošības, kā arī diplomātisko atbalstu. Pie tam paredzēts, ka starptautiski militārie spēki, kuru kodolu veidotu t.s. „Gribas koalīcijas” valstis, kā drošības garants tiktu izvietoti Ukrainas teritorijā. Savienoto Valstu primārā funkcija būtu uguns pārtraukšanas kontrole un, kā tas definēts, „miera atjaunošana” karadarbības atsākšanās gadījumā. Gluži lieki piebilst, ka šāds modelis diezin vai gūs atsaucību Maskavā, kas līdz šim kategoriski iebildusi pret jebkādu NATO valstu militāro klātbūtni Ukrainā. Un, protams, joprojām neizkustināts ir agresorvalsts sarunu procesā ieripinātais klupšanas akmens – prasība bez cīņas atdot tai daļu Ukrainas teritorijas. Pirmdienas Eiropas līderu paziņojumā pausts, ka vienīgais subjekts, kas var lemt Ukrainas teritorijas likteni, ir Ukrainas tauta brīdī, kad ir iedarbinātas reālas drošības garantijas, kā arī, ka starptautiski atzītas robežas nav maināmas ar spēku. Ne mazāk komplicēts ir jautājums par turpmāko finanšu atbalstu Ukrainai. Berlīne stingri aizstāv ideju, ka Kijivai piešķirams vairāk nekā 200 miljardu eiro aizdevums, izmantojot garantijai Eiropā iesaldētos Krievijas Centrālās bankas līdzekļus. Uz tiem, kā zināms, metis acis arī Donalds Tramps, vēloties vismaz daļu no tiem ieguldīt īpašā Ukrainas atjaunošanas fondā, kura darbībā izšķiroša loma būtu Vašingtonai. Kanclers Mercs jau kritiski izteicies par šādu iespēju, bet Baltais nams, kā izdevumam „Politico” paudis kāds vārdā nenosaukts augsta ranga Eiropas amatvīrs, liekot lietā pamatīgu spiedienu uz vairākām Eiropas valdībām. Līdz ar Beļģiju, kura kā iesaldēto līdzekļu galvenā glabātāja līdz šim iebildusi vispamanāmāk, kā arī Kremļa ierastajiem „sapratējiem” Ungāriju un Slovākiju, iebildes šobrīd paudušas arī Itālija, Bulgārija un Malta. Savukārt jaunais Čehijas premjerministrs Babišs paziņojis, ka viņa valsts neuzņemsies nekādas saistības šai sakarā. Izšķirošā Eiropadomes sēda Briselē paredzēta rīt, 18. decembrī. Pretmetu cīņas iznākums Čīlē Svētdien, 14. decembrī, notikušo Čīles prezidenta vēlēšanu otro kārtu var nodēvēt par pretmetu cīņu. Vēlētājiem tika piedāvāta izvēle starp ultrakonservatīvu katoli un neoliberālas ekonomikas piekritēju Hozē Antonio Kastu un Čīles Komunistiskās partijas pārstāvi Žanetu Haru. Tūdaļ gan jāsaka, ka Žaneta Hara pārstāv plašu kreisi centrisku koalīciju „Vienotība Čīlei”, kurā bez komunistiem ietilpst vesela virkne citu politisko spēku, sākot ar kreisi centriskajiem sociālistiem un liberāļiem, beidzot ar izteikti centriskajiem kristīgajiem demokrātiem. Arī viņas platformā nebija nekā radikāli kreisa, orientējoties uz sociālo garantiju, valsts veselības apdrošināšanas sistēmas un nodarbinātības veicināšanas attīstību. Tomēr, kā izrādījās, vairākumam čīliešu uzrunājoša bija labējā kandidāta Kasta programma ar akcentu uz nelegālās imigrācijas un noziedzības apkarošanu. „Čīlei vajag kārtību!” bija viens no jaunievēlētā valsts galvas pamatlozungiem. Jaunajā Čīles līderī nav grūti saskatīt vēl vienu „mazo Trampu”, līdz pat tādām detaļām kā aizsargbarjeras būvniecība pie ziemeļu robežām. Vēl viens Žanetas Haras zaudējuma iemesls ir tas, ka viņa asociējas ar iepriekšējo – diezgan nepopulāro prezidenta Gabriela Boriča kreiso valdību, kurā viņa ieņēma darba ministres posteni. Lai arī Boriča sociālā programma tika daļēji īstenota, viņa politiskās ambīcijas cieta vairākas nozīmīgas neveiksmes, vēlētājiem referendumā neatbalstot jauno konstitūcijas projektu un valdībai nespējot politiski atrisināt konfliktu ar iedzimto mapuču cilšu kopienām valsts dienvidos, galu galā ķeroties pie militāra spēka. Jaunievēlētais prezidents Kasts, savukārt, ir pazīstams kā liels pagājušajā gadsimtā valdījušā Čīles militārā diktatora Augusto Pinočeta piekritējs; kura valdībā Kasta vecākais brālis bija ministrs. Jaunais valsts galva gan nosodījis Pinočeta laikā notikušos cilvēktiesību pārkāpumus, taču slavējis tā laika ekonomisko politiku. Var piebilst, ka monolīta atbalsta likumdevējā Hozē Antonio Kasta valdībai gan nebūs, jo parlamenta apakšpalātā viņa labējo frakcijai „Pārmaiņas Čīlei” ir tikai otra lielākā frakcija aiz pieminētā kreiso bloka, un nāksies meklēt citu spēku – mērenāk centriskā bloka „Dižā un vienotā Čīle” un populistiskās Tautas partijas atbalstu. Vēl izteiktāks spēku līdzsvars starp labējiem un kreisajiem ir parlamenta augšpalātā Senātā. Sagatavoja Eduards Liniņš.      

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "An expert is someone who knows some of the worst mistakes, which can be made, in a very narrow field." - Niels Bohr Gratitude: The old guy on your block who tells you how nice you look all the time. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

Plukovnice lidských duší – Od Afghánistánu až k odolnosti společnosti. Jak to vypadá ve válečné zóně? S čím se vojáci musí potýkat? A jak si můžeme budovat každodenní odolnost? Dnes se bavíme s Helenou Sovákovou - hlavní psycholožkou Armády České republiky. Helena ukazuje, že odvaha není absence strachu, ale schopnost mysli vrátit se z pudové reakce do racionální roviny. Že hodnoty nejsou slova na zdi firmy, ale konkrétní chování v momentech, kdy jde do tuhého. A že i v místech největšího nebezpečí může vzniknout největší smysl, soudržnost a lidskost.Co je to morální trauma? Proč vybalovat svůj "batoh emocí"? Jaké to je poprvé přistát ve válečné zóně? Jak komunikovat o náročných situacích? To vše a mnohem víc. Příjemný poslech. Parťáci dnešního dílu:Magniflex.cz⁠⁠⁠Máme velkou radost, že jsme narazili na celosvětově patentované velmi kvalitní matrace od italské značky Magniflex. Magniflex je dělají z těch nejkvalitnějších materiálů a spolupracují s odborníky na biomechaniku a lékaři. Navíc mají nadstandartně dlouhou záruku proti proležení a to až 12 let. Já mám konkrétně matraci magnistretch s patentovanou technologií, která dokáže tělo při tlaku na ní trošičku protahovat a nemůžu si jí vynachválit. Tak jdi na ⁠⁠⁠Magniflex.cz⁠⁠⁠ a udělej další krok ke kvalitnějšímu spánku a zdraví s Magniflexem.KusKakaa - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.kuskakaa.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠  Přináší do Česka čistá ceremoniální kakaa. A proč si takové kakao dopřát? Ukazuje se, že přináší celou řadu benefitů a má velký obsah flavonoidů a polyfenolů. Tak jdi na ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.kuskakaa.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ a zkus jedno z jejich kvalitních kakaí! Doporučujeme to z Kostariky, nebo Peru.⁠Uplife.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ -Zadej kód "BWA" pro slevu 10% na vybrané zboží na eshopu ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.uplife.cz/brain-we-are/⁠⁠⁠⁠⁠⁠⁠Kam dále?Kup si jeden z našich online kurzů ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Průvodce Mozkem a Myslí⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, nebo ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Mentální Modely⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ a s kódem "BWA30" je tam SLEVA 30%!Zadej kód "BWA" pro slevu 10% na vybrané zboží na eshopu ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠uplife.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ a ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠herbal-store.cz⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Sledujte Brain We Are na sociálních sítích: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ( ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠www.instagram.com/brain_we_are⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ) nebo⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Facebook ⁠Minutáž:00:00 Úvod a přivítání03:57 Slzy nejsou slabost: Emoce v armádě06:00 Mají muži právo plakat?08:13 Zlomové momenty a rok 198911:38 Jak vznikají hodnoty a proč chybí ve školách16:27 Hodnoty v armádě: Odvaha, respekt a kartička v kabelce22:12 Hodnotový kompas a zpětná vazba24:32 Absence ocenění a vděčnosti ve společnosti27:37 Přílet do Iráku a první kontakt s realitou války31:34 PTSD a život se „zataženou ruční brzdou“33:24 Život na základně pod palbou raket38:50 Budování normálnosti ve válce: Hřiště, knihovna a jídlo43:16 Pouto vzniklé v extrémních podmínkách50:22 Morální zranění a trauma novinářů53:54 Jak nevyhořet: 4 pilíře odolnosti58:48 Kam chodí pro pomoc psycholog?01:00:39 Osobní zkušenost se šikanou od nadřízeného01:06:49 Batoh emocí: Co si neseme na zádech a jak to vybalit01:10:06 Naučená bezmoc a proč lidé mlčí01:14:11 Uvědomění si smrtelnosti a dopisy na rozloučenou01:17:34 Jak mluvit s dětmi o sm*ti01:21:33 Nešvary v komunikaci: Skákání do řeči a bagatelizace01:29:13 Pětka ve škole jako příležitost, ne selhání01:31:06 Umění naslouchat bez přebírání emocí01:39:00 Chybí nám jako společnosti odolnost?01:42:26 Morální dilema pomoci vs. bezpečnostiPřechod do VIP části- Vzory a hrdinové: Proč nám chybí?- Vytrácející se rituály a úcta k veteránům- Humor jako koření života a obrana mysli- KPZ pro duši a síla naděje- Příběh rukojmí v Angole: Kdo přežil a proč

Klimata prognozes, kas nav piepildījušās un ir devušas iemeslu skeptiķiem kritizēt klimatologu darbu. Informācija liecina, ka skepsei tiešām ir pamats. Skaidrs, ka prognozes var būt precīzākas un mazāk precīzas, var būt pavisam kļūdainas, bet svarīgs arī veids, kā ziņas nodot sabiedrībai. Nav jābrīnās, ka daļa sabiedrības kļūst skeptiska, ja pat 20 un 30 gadu senās publikācijās var lasīt tieši tādas pašas draudīgas prognozes, kā tagad. Tikai toreiz tās tika attiecinātas uz daudz tuvāku nākotni. Nākotne pienāca, draudīgās no prognozes nepiepildījās, tā vietā parādās arvien draudīgākas prognozes. Lai arī vispārīgi raugoties, saturisku kļūdu daudzos ziņojumos nav, mulsinoša ir vārdu izvēle un tonis. Tāpēc nav brīnums, ka sabiedrība ir nogurusi. Šoreiz vairāk par starptautisku organizāciju ziņojumiem, kas ar kādu noteiktu domu izplatīti pasaulē, tomēr izrādījušies greizi. Diemžēl arī daļa atbildīgu institūciju ziņojumi ir tādi, ko var saukt par biedēšanu. No vienas puses – ja prognozes vēsta nelāgas lietas, par tām ir jāstāsta, bet paskatoties, kāda ir izvēlēta vēstījuma forma, ir skaidrs, ka šādā veidā noturēt sabiedrības uzmanību nevar bezgalīgi. Piemēram pirms gandrīz 25 gadiem, 2001. gada 21. maijā, Apvienoto Nāciju organizācijas tā laika ģenerālsekretārs Kofi Annans sacīja šādi: "Globālā sasilšana uzskatāma nevis par attālām potenciālām briesmām, bet gan par vistuvākajā laikā iespējamu katastrofu." Šāda frāze, protams, ir interpretējama un uztverama dažādi, bet cilvēkam, kurš savās ikdienas gaitās daudz nesaskaras ar vides jautājumiem, 25 gadi varētu būt par ilgu, lai teiktu, ka globālā sasilšana ir "vistuvākajā laikā iespējama katastrofa". 2001. gadā publicētajā ziņā britu raidsabiedrība BBC vēl piemin, ka Kofi Annans jau iepriekš kā "neveiksmīgu" raksturojis ASV lēmumu noraidīt globālo līgumu par siltumnīcas efektu radošu gāzu izplūdi atmosfērā un paudis cerību, ka Vašingtona grozīs savu viedokli. ASV prezidenta Džordža Buša administrācija uzskata, ka Kioto vienošanās par cīņu pret globālo sasilšanu esot netaisnīga, jo uzveļot nepieņemami smagu nastu ASV ekonomikai, neiesaistot tajā jaunattīstības valstis. ASV lēmums izraisījis asu Eiropas, Japānas, Krievijas, Ķīnas un citu valstu kritiku. Tiesa, jau pēc diviem mēnešiem Krievija pati sāka atteikties no Kioto vienošanās. Tātad jau pirms 25 gadiem aina bija ļoti līdzīga pašreizējai, un arī tagad ANO turpina celt trauksmi par klimata pārmaiņu drīzu katastrofālu ietekmi uz cilvēci. Mēs redzam klimata pārmaiņas, bet vai to var saukt par katastrofu? Var jau būt, ka daļai sabiedrības tā šķiet, bet vai daļai, kas klimata pārmaiņas sevišķi neizjūt savā ikdienā, varētu šķist pārspīlēti gadu desmitiem brīdināt par drīzu katastrofu, kura tā arī nav ieradusies. Ir arī prognozes, kas nav piepildījušās. Tā paša 2001. gada jūlijā Apvienoto Nāciju Organizācijas pētnieku grupa, ko tagad mēs pazīstam ar nosaukumu ANO Klimata pārmaiņu starpvaldību padome jeb IPCC ziņoja, ka jaunākie aprēķini paredz globālās temperatūras pieaugumu līdz šī gadsimta beigām par 5,8 grādiem. No tik ekstrēma scenārija pētnieki arī ir atteikušies. Pašreizējie scenāriji paredz, ka sliktākajā gadījumā globālā gaisa temperatūra līdz šī gadsimta beigām būs 4 grādus virs pirms industriālā perioda vidējās temperatūras, bet ticamākā versija ir, ka tā būs aptuveni 2,5 grādus virs pirms industriālā perioda temperatūras. 

If you're a brick-and-mortar business owner who avoids credit cards, feels unsure about financing, or worries about taking on debt — this episode is going to challenge (and empower) you in the best way.Today on the podcast, I'm joined by Gerri Detweiler, a nationally recognized credit and financing expert with nearly 30 years of experience helping business owners understand their options, protect their credit, and fund their growth wisely.In our conversation, we break down:The biggest myth about business credit that holds owners backThe true difference between personal credit vs. business creditWhen a business owner should stop relying only on personal creditWhere brick-and-mortar businesses most often make costly credit mistakes with leases, equipment, and hiringHow to determine if financing is a smart growth move — or a risky oneSurprising financing options many small business owners overlookAnd the systems every brick-and-mortar business should have in place before they ever need fundingWe also dive into the role of charge cards (business credit cards) in building strong business credit — even for owners who are afraid of debt — and how to use platforms like Nav to understand your credit profile and funding options before you ever apply.By the end of this episode, you'll walk away with: ✔ A clearer understanding of how business credit actually works ✔ More confidence around financing decisions ✔ And practical next steps to protect and strengthen your business financiallyIf you're building a local business and want long-term stability, this conversation is essential listening.A little about our guest: Gerri Detweiler is a nationally recognized credit and financing expert with nearly 30 years of experience. As a consultant for Nav, she develops programs and content to help small business owners build credit, track cash flow, and understand financing options. She has written six books and her work has appeared in Yahoo!, MSN Money, ABCNews.com, CBSNews.com, NBCNews.com, The Today Show, and more. Gerri has been interviewed for over 4,500 news stories, featured in The New York Times, USA Today, and Reader's Digest, and appeared on Fox Business, CNN, and other national programs. She is also a frequent speaker at business conferences, works closely with SCORE and Small Business Development Centers, and has testified before Congress as an advocate for credit protections.SOCIAL MEDIA LINKS:Website: www.gerridetweiler.com LinkedIn:https://www.linkedin.com/in/gerridetweiler Instagram:@navsmb Enjoy this episode and make sure you check out the referral page of my website to grab the all year long deals that they offer!Love today's podcast?

As banks retreated from 2008, Private Credit filled in the gap. What started as a niche within private equity now operates like a global lending system. And it extends beyond corporate balance sheets, asset-based finance, the ability to lend against real, cash-generating assets is growing fast and offers countless opportunities. The real unlock isn't just capital — it's the data and technology allowing to manage these assets at scale.Granular, asset-level data enables better underwriting, continuous monitoring, and access to previously illiquid markets. In my conversation with Cesar Estrada, we explored:* How private credit replaced traditional bank lending* Why asset-backed finance is now being unleashed* How to understand the fall of Tricolor and First Brands* And how data and technology could be defining the winners in this marketA few highlights from our conversationAsset-based finance - an ever-expanding universe Asset-based finance means that instead of lending against the future cash flows of a company, you're lending against an asset and the contractual cash flows associated with that asset. That's a very broad definition, and it can include anything within, the consumer, finance world, buy now, pay later, credit cards, auto loans, student loans, any personal term loans, residential mortgages, home, equity lines of credit, the list, keeps on going on as you move outside of a consumer world into, other types of things.Any type of account receivable, supply chain financing, litigation finance, and then more esoteric stuff like, synthetic risk transfers and other things. And it's becoming very specialized by verticals: aviation finance, medical equipment finance…It has possibly a larger addressable market than direct lending. It offers a lot of runway for growth for private equity, private credit firms, hedge funds, and insurance companies participating directly in this space.The need for data feeds From a risk management perspective, given the rate of change of a consumer world, loans are being paid, new loans are being issued, loans are being not paid. You want to be monitoring this much much more real time than you do in a corporate book, where you're getting monthly reporting from the borrower and you are comparing their latest actual financials against the original underwriting thesis against prior periods. And you do that activity once a month.This is not a once-a-month thing. This is a daily thing. You want to see how it's changing because it's changing very dynamically.I was surprised that this frequency of data was even a possibility, and Cesar also added that it goes beyond risk management; it also feeds into the creation of funds for private investors with daily NAV and daily liquidity. The frequency of reporting increases, the liquidity choices increase, and the volumes and rate of change in the investment strategies increase. That all compounds to necessitate a very robust, modern technology to process all of that data.The First Brands & Tricolor questionCesar mentioned he didn't have any specifics on the situation, and when I asked about the data issue, his response from a data management provider was to be expected.It is certainly possible that better data with more accuracy and more frequency could have helped offer a view that those assets were being used as collateral with multiple lenders. […]But I wanted to dig a bit further, and at first, the response confirmed that when a crisis happens, all assets that are linked to it fall at the same time, even if in the long term, there's dispersion (like banks during the Global Financial crisis)In terms of how it happened so quickly, so abruptly. Again, pure speculation, I think that those things might have been bubbling without the public knowing for a while. But as soon as a big source of financing decides that you're no longer creditworthy, all of the other sources of financing follow suit, and it's very abrupt. You can face a liquidity challenge and go bankrupt.It reminded me that Apollo Global Management shorted First Brands' credit risk before the company's fall, showing the information asymmetry that still exists in private credit. This requires a few caveats: First Brands was more direct lending; Tricolor was more linked to asset-based finance; nothing says that Apollo had better data. Yet, until the data-based approach that Cesar described becomes table stakes, it could be an important differentiator.Related episode:About Cesar Estrada:Cesar oversees Arcesium's investment operations, accounting, and data management solutions for private markets fund managers and institutional investors. Previously, he served as Senior Managing Director and Alternatives Segment Head for North America at State Street – a role in which he drove the growth agenda for a business with approximately $1 trillion in Assets Under Administration (AUA) by leading new product launches, expansion into new client segments, strategic partnerships, and acquisitions. Prior to that, as a Managing Director at J.P. Morgan, Cesar led the Private Equity & Real Estate Funds Services business from launch to $350Bn AUA. While at J.P. Morgan, he also held investment banking roles in New York, London, and Hong Kong.Link: https://www.arcesium.com/authors/cesar-estradaAbout the Investlogy podcast:Investology is a podcast dedicated to rethinking investment management and uncovering new ways to deliver better outcomes for investors.Listen on every podcast platform, or watch on YouTube.An episode produced by Orama:Accelerate sales to the financial industry with content that builds trust and drives pipeline with sales-driven video strategies.About the Host:George Aliferis, CAIA is the founder of Orama, where he has produced content for financial brands and multinationals including Amazon, Expedia, Louis Vuitton, and Unilever. Before that, he spent over a decade structuring, marketing and selling complex financial products to institutional clients in Europe and Asia.LinkedIn: https://www.linkedin.com/in/george-aliferis-60078312/My Investing & Investment Management YouTube Channels* Investorama - Separating Investment Facts from Financial Fiction (YouTube)* Investology - Re-Think Investment Management (YouTube) This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit investorama.substack.com

In this edition of the Money Makers Investment Trusts Podcast, Jonathan Davis, editor of the Investment Trusts Handbook and winner of the AIC Best Broadcast Journalist Award (2024 and 2025), is joined by Charlotte Cuthbertson and Tom Treanor, co-managers of MIGO Opportunities Trust (MIGO). This discussion was recorded on Tuesday 09 December 2025. *** OUT NOW: The 2026 Investment Trusts Handbook *** Available to order from Harriman House: https://harriman-house.com/authors/jonathan-davis/the-investment-trusts-handbook-2026/9781804094358 The Investment Trusts Handbook 2026 is the ninth edition of the highly regarded annual handbook for anyone interested in investment trusts – often referred to as the City's best-kept secret, or the connoisseur's choice among investment funds. It is expertly edited by well-known author and professional investor Jonathan Davis, founder and editor of the Money Makers newsletter and podcast. The Investment Trusts Handbook 2026 is an independent educational publication, available through bookshops and extensively online. With articles by 30 different authors, including analysts, fund managers and investment writers, plus more than 80 pages of detailed data and analysis, the latest edition is an indispensable companion for anyone looking to invest in the investment trust sector. *** Section Timestamps: 0:00:24 - Introduction 0:00:50 - Recent changes at MIGO 0:07:16 - Opportunities in smaller trusts 0:09:09 - The argument for MIGO 0:12:53 - Examples of successes 0:19:39 - Overlap with AGT 0:22:49 - A short break 0:23:56 - Alternatives trusts 0:27:50 - Renewables 0:33:55 - Consolidation 0:37:48 - Gresham House Energy Storage (GRID) 0:40:18 - Operational framework changes for the renewables sector 0:41:58 - MIGO Opportunities Trust itself 0:44:35 - Close If you enjoy the weekly podcast, why not also try the Money Makers Circle? This is a membership scheme that offers listeners to the podcast an opportunity, in return for a modest monthly or annual subscription, to receive additional premium content, including interviews, performance data, links to third party research, market/portfolio reviews and regular comments from the editor. A subscription costs £12 a month or £120 for one year. This week, as well as the usual features, the Circle features a profile of Onward Opportunities (ONWD), and next week's profile will feature Ashoka WhiteOak Emerging Markets (AWEM). Our new expanded weekly subscriber email includes a comprehensive summary of all the latest news plus the week's biggest share price, NAV and discount movements. Subscribe and you will never miss any important developments from the sector. For more information please visit https://money-makers.co/circle. Membership helps to cover the cost of producing the weekly investment trust podcast, which will continue to be free for the foreseeable future. We are very grateful for your continued support and the enthusiastic response to our 310 podcasts since launch. You can find more information, including relevant disclosures, at www.money-makers.co. Please note that this podcast is provided for educational purposes only and nothing you hear should be considered as investment advice. Our podcasts are also available on the Association of Investment Companies website, www.theaic.co.uk. Produced by Ben Gamblin - www.bgprofessional.co.uk

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "The man who makes no mistakes does not usually make anything" - Theodore Roosevelt Gratitude: Books that are so good you literally cry when they're over. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If you're not listening to this on your Alexa, you should be! Visit TheDailyRefresh.com and click on the word Alexa in the Nav bar for a tutorial on making The Daily Refresh one of your Flash Briefings.

Fra rikdom til Nav, fra skabb til kulturelite. Ole Martin og moder'n tar oss med på en ærlig og morsom jakt på familiens kollaps. I NRK Radio fra 13.12.2025. Hør episoden i appen NRK Radio

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "Four things come not back. The spoken word, the sped arrow, the past life, ad the neglected opportunity." - Proverb Gratitude: Baristas who have your extra hot soy mocha order memorized. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

I've been hoping to discuss special situations and distressed debt, one of the least hyped but most interesting areas of finance and credit for a while.Distressed debt investing requires a triple threat skillset: understanding legal frameworks, financial health, and industry landscapes.It offers unique diversification benefits, standing apart from traditional equity and bond markets, and offers relatively defined investment horizons.For all these reasons, the potential for alpha generation is significant, but it demands patience and precision.So when I got the chance to interview Dan Bird's team who's been holding senior roles in that space for over two decades, I jumped on this rare opportunity. We explore the complexity of these markets and the skillsets needed to navigate them.HIGHLIGHTSVersatility You have to look at the company, and what it's doing and determine a value. And sometimes that's specific assets and sometimes that's a stream of cash flows. Sometimes that's intellectual property.And then you need to be a management consultant. Is this business capable of turning itself around? Are industry forces too far against this company that it'll never recover? So you need a, you need a lot of different skill sets in order to be successful in this type of industry.Patience and Timing in InvestmentsWhen something in the industry changes. People are reluctant to acknowledge it. People don't like change. Everyone thinks things revert to the mean. A lot of people involved in the situation tend to have bias just because they've been involved in the situation. They tend to overvalue the ability of companies to recover.At this stage, I was thinking: “yeah, that's when you, distressed investor, must intervene.” But then Dan added:That's the most dangerous time to invest when we don't really know.Part of doing this job the right way is finding the right entry point, the right timing. It's very infrequently early.Patience does matter in terms of getting into these things. A lot of time,s that doesn't happen until very long after things start to change.On Private CreditWe also discussed the rapid rise of private credit:There's worry about some of the assets that were originated in that period. We'll have a little bit more stress. It's possible. It'll take a little while to figure that out. From my perspective, that just creates different opportunities.And I always find it insightful, or surprising, when I hear an insider's perspective on private markets:Look, some investors like private assets because they don't have to mark them to market.To a public market mindset, this is counterintuitive. It goes against the “illiquidity premium”. One famous critic, Cliff Assness, calls it “volatility laundering”. And I used to agree wholeheartedly, but my perspective has evolved. Of course, marking your own NAV creates Fundzi (fund + ponzi) opportunities. But on the other hand, I can see how you may not want to be subject to the erratic behaviour of Mr Market.About Dan Bird: As the founder of Thornwood Hill LLP, I specialize in credit and alternatives asset management. With over 25 years of experience in the financial industry, I have a proven track record of managing diverse portfolios across the credit spectrum, from direct lending, to special opportunities and distressed debt to liquid credit. My expertise lies in identifying and executing strategic investment opportunities, ensuring optimal risk management, and delivering strong returns for clients. I am passionate about creating value through innovative and tailored solutions that meet the unique needs of each investor.* LinkedIn: https://uk.linkedin.com/in/daniel-bird-18456a42About the Show: Investology is a podcast dedicated to rethinking investment management and uncovering new ways to deliver better outcomes for investors. Listen on every podcast platform, or on YouTube.An episode produced by Orama:Accelerate sales to the financial industry with content that builds trust and drives pipeline, with sales-driven video strategiesAbout the Host:George Aliferis, CAIA is the founder of Orama, where he has produced content for many financial brands and multinationals like Amazon, Expedia, Louis Vuitton, and Unilever. Before that, he spent over a decade structuring, marketing and selling complex financial products to institutional clients in Europe and Asia.Related episodes:Episode with Aarron Filbeck from the CAIA Association on Private DebtMy Investing & Investment Management YouTube Channels* Investorama - Separating Investment Facts from Financial Fiction (YouTube)* Investology - Re-Think Investment Management (YouTube) This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit investorama.substack.com

Gerri Detweiler is a leading, nationally recognized financing and credit expert, with more than 20 years of experience.  Gerri shares her knowledge through contributed content in leading industry and national publications, and her articles have been featured on Yahoo!, MSN Money, ABCNews.com, CBSNews.com, NBCNews.com, Forbes, The Today Show website and many others  She is the author of seven books including her forthcoming book, The Ultimate Credit Repair Action Plan: A step-by-step guide to great credit to be released in late 2025. Gerri hosted her own talk radio programs for more than five years and she has been interviewed for more than 5,000 news stories. She is an international speaker and has testified before Congress on consumer credit legislation. Today, Gerri develops educational programs and content for small business owners for Nav, a financial health and credit platform that provides small businesses owners a dedicated space for accessing, building, managing their business and personal credit, tracking cash flow patterns, and understanding their financing options before they apply. During the show we discuss: Why business credit feels confusing—and how to simplify it What business credit is and why it's critical for small business success How monitoring business credit across all three bureaus supports smarter decisions How quickly business credit scores can improve with tradeline reporting Why tracking business and personal credit together matters What tradelines are and how they strengthen business credit profiles The funding options unlocked by strong business credit How Nav matches businesses with the right financing opportunities Why cash flow tracking is essential to financial health How strong business credit increases loan approval odds The common mistakes that limit business credit growth How to find and fix errors on business credit reports What sets Nav's credit monitoring and reporting apart How business credit separates—and protects—personal finances Resources: https://www.nav.com/gerri/    

Krustpunktā Lielā intervija: Latvijas Universitātes Matemātikas un informātikas institūta Mākslīgā intelekta laboratorijas vadītājs, vadošais pētnieks Normunds Grūzītis. Elektroenerģijas deficīts, cīņa par resursiem, globālās sasilšanas veicināšana, dabas piesārņošana - tie ir daži vides aspekti, kas tiek minēti kā blaknes straujajai mākslīgā intelekta attīstībai pasaulē. Daudzi tā ienākšanu mūsu sadzīvē dēvē par jaunu civilizācijas posmu, kas līdzšinējo dzīvi mainīs uz neatgriešanos. Nav šaubu, ka mākslīgā intelekta izstrāde notiek progresa vārdā, apturēt to nevar. Bet par visām blaknēm un sekām joprojām mums ir diezgan miglains priekšstats. Viens ir diezgan droši - mēs šobrīd atrodamies strauju pārmaiņu viducī un, ņemot vērā mūsu katra zināšanas un varēšanu, nebūs viegli pielāgoties jaunajai realitātei. Bet kāda tā ir un kas Latvijā jādara varbūt pat politiskā līmenī, lai jaunā realitāte daudziem nenestu nepatīkamas mieles? 

Nick Kunze from Sanlam Private Wealth on Netflix's $72 billion move for Warner Bros, Stor-Age's book build priced above NAV, and Moody's decision to hold SA's rating steady. Craig Lawrence from BDO Wealth Advisers weighs in on why so many South Africans remain underprepared for retirement. Phryne Williams, Capital Assignments CEO, highlights the three big challenges facing South African asset managers today.

In this special double-feature episode of Bits + Bips, Unchained executive editor Steve Ehrlich brings listeners two of the clearest investor perspectives on where the crypto markets may be headed next. First, Owen Lau, Managing Director at Clear Street, breaks down why crypto equities remain so tightly correlated to Bitcoin—and what might finally cause that link to break. He unpacks the growing role of stablecoin revenue, Coinbase and Circle's evolving business models, and why a market structure bill in 2026 could reshape the sector. Then, in the second half, Bob Diamond and David Schamis of Hyperliquid Strategies explain why they believe Hyperliquid and its HYPE token represent one of the most compelling opportunities in digital assets. They walk through the rationale for their DAT, Hyperliquid's performance during extreme market volatility, and the broader ecosystem being built through HIP-3 and beyond. Sponsors: Mantle Host: Steve Ehrlich, Executive Editor at Unchained Guests: Owen Lau, Managing Director at Clear Street Bob Diamond, Founding Partner and CEO of Atlas Merchant Capital David Schamis, Founding Partner and CIO of Atlas Merchant Capital Timestamps: 0:00 Introduction 1:23 Owen's outlook on crypto stocks—and what really drives them today 5:19 Why Coinbase's stock is struggling while revenue goes up 7:47 Why so many crypto companies are spending heavily to expand distribution 10:58 Whether the 10/10 crash changed how analysts evaluate public crypto companies 14:41 Will public crypto companies enter prediction markets next? 17:02 How Coinbase and Circle are positioning themselves in this emerging area 23:00 What Citadel Securities' push for SEC regulation of DeFi means for the industry 24:55 How a market structure bill could reshape the outlook for altcoins 27:03 Would a public crypto company buy a DAT trading below its NAV? 28:59 Has the window for crypto IPOs already closed? Part 2  32:57 How David and Bob first got into crypto  38:57 Why a DAT for Hyperliquid is necessary  42:40 Why they say their stock is a major opportunity right now  45:55 How running an altcoin DAT differs from doing one for ETH or BTC  48:54 How the DAT deal was structured—and Paradigm's role  51:38 How they're avoiding the big sell-offs typical in PIPE deals  53:11 Why there was a gap between announcing the DAT and executing it  55:14 Why Sonnet Therapeutics will remain operational post-transaction  57:51 Why the 10/10 liquidation event made Bob more confident in Hyperliquid  1:04:19 The broader Hyperliquid ecosystem—far beyond the DEX  1:06:42 Why David says perps are far better products than options  1:10:12 Why regulatory clarity is critical for Hyperliquid's long-term success  1:13:37 What HIP-3 unlocks for builders building around perps  1:14:46 How prediction markets could integrate with perpetuals  1:15:49 How Hyperliquid can compete with major exchanges and crypto giants  1:21:18 Why Hyperliquid's feed is so much faster than other chains  1:22:28 The $1 billion shelf offering—and how they plan to accumulate more HYPE Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to The Chopping Block — where Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner cover crypto's biggest moments. This week we're joined by Kevin from the Monad Foundation as we dig into the most chaotic token launch of the year. Monad goes live, CT explodes, and the tokenomics wars come roaring back — vesting, float, FDV, and why everything “just keeps going down.” We break down whether the world actually needs another L1, how hype creates impossible expectations, and how Kevin and the Monad team are handling the spotlight — and the hate. Then we shift to security chaos: Yearn's underflow hack, Anthropic's AI discovering real smart contract vulnerabilities, and “post-quantum” panic sweeping Crypto Twitter. Plus: BTC volatility, MicroStrategy drama, and prediction markets suddenly going mainstream. Show highlights

Tříminutové video Andreje Babiše, ve kterém oznámil svoje řešení střetu zájmů, ve čtvrtek večer doslova zbořilo internet. „Nevratné řešení“, kdy Babiš zaparkuje Agrofert do trustu až do své smrti, komentovali doslova všichni.„Babiš zvolil takovou formu oznámení, kterou jsme od něj mohli čekat. Žádná tisková konference, kde by musel čelit otázkám, ale pečlivě zrežírované video,“ popisuje v podcastu Lucie Stuchlíková.Podle Václava Dolejšího Babišův tým vsadil na emoce: „Babiš sugestivně popisoval, jak dlouho firmu budoval. Zakomponoval do toho rodinu, svoji smrt. A podle reakce spousty komentátorů se trefil.“O tom, jak přesně bude řešení vypadat, toho zatím víme poměrně málo. „Nepodezírám Andreje Babiše, že by svoje oznámení nedodržel. Ale důležité bude to faktické provedení - jak moc budou správci a protektoři skutečně nezávislí, jak bude ošetřeno, aby se mu už akcie opravdu nevrátily,“ myslí si Stuchlíková.Andrej Babiš tentokrát zvolil mnohem přísnější řešení, než když naposledy Agrofert převáděl do svěřenského fondu. Přesto ale střet zájmů nemůže úplně vyřešit. „Přece jen to mají zdědit děti, takže logicky bude mít Babiš zájem na tom, aby se firmám dařilo. Navíc to zřejmě nebude úplně slepý fond a Babiš ví, jaké firmy v něm jsou. A taky se najednou nesmažou všechny jeho vazby na manažery,“ dodává Dolejší.Už fakt, že Andrej Babiš takové řešení vymyslel, je vlastně výkon - a to především prezidenta Petra Pavla. „Prezident dosáhl maxima možného. Andrej Babiš nic takového dobrovolně udělat nechtěl. A to na to byl Pavel sám a v ruce měl jen zákon o střetu zájmů, děravý jako cedník,“ dodává Stuchlíková.Pavlovi pomohla ještě jedna věc: starší nález Ústavního soudu, který říká, že prezident musí střet zájmů řešit. „To byl zlom v celé věci. Do té doby to podle mě Andrej Babiš zas tak vážně nebral,“ uzavírá Dolejší.Zaslouží si Andrej Babiš za něco pochvalu? Proč Agrofert prostě neprodá? A může se vlastně divit, že ho veřejnost podezírá z nějaké kličky? Odpovědi pro vás má Reaktor Vlevo dole.----Vlevo dole řeší politické kauzy, boje o vliv i šeptandu z kuloárů Sněmovny. Vychází každou středu v poledne.Podcast pro vás připravují Lucie Stuchlíková (@StuchlikovLucie) a Václav Dolejší (@VacDol), reportéři Seznam Zpráv.Další podcasty, ale taky články, komentáře a videa najdete na zpravodajském serveru Seznam Zprávy. Poslouchejte nás na webu Seznam Zpráv, na Podcasty.cz nebo ve své oblíbené podcastové aplikaci.Své názory, návrhy, otázky, stížnosti nebo pochvaly nám můžete posílat na adresu audio@sz.cz.Sledujte @SeznamZpravy na sociálních sítích: Twitter // Facebook // Instagram.Seznam Zprávy jsou zdrojem původních informací, nezávislé investigace, originální publicistiky.

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "All man's miseries derive from not being able to sit quietly in a room alone." - Blaise Pascal Gratitude: For faith, hope, and love. Because those things are free, irreplaceable, and the only things that last a lifetime. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

Interview with Hugh Agro, President & CEO of Revival Gold Inc.Our previous interview: https://www.cruxinvestor.com/posts/revival-gold-tsxvrvg-dual-asset-strategy-offers-near-term-production-long-term-upside-7957Recording date: 27th November 2025Revival Gold presents investors with leveraged exposure to gold price appreciation through a 6 million ounce dual-project portfolio in the western United States trading at substantial discounts to both net asset value and producing peer companies. With the Mercur project in Utah advancing towards pre-feasibility study in 2026 and Beartrack-Arnett in Idaho at pre-feasibility stage, the company offers clear pathways to production on compressed timelines of two to three and a half years respectively.The investment thesis centres on valuation arbitrage within the gold equity spectrum. Revival Gold trades at 0.1-0.2 times net asset value whilst senior producers and royalty companies command 1.0-2.0 times NAV multiples, creating what CEO Hugh Agro characterises as "a real arbitrage there for investors today." The company projects potential revaluation to 0.6-1.0 times NAV as projects advance through permitting and feasibility studies, implying five to six times appreciation over the next two to three years. Equity analysts validate this framework with price targets ranging from two to four times current trading levels.Project economics demonstrate robust margins even within conservative gold price scenarios. Mercur's preliminary economic assessment envisions 100,000 ounces per year production at $1,400 all-in sustaining costs requiring only $210 million capital expenditure, generating net present value of approximately $1.2 billion at current $4,000 gold prices with an 18-month payback period. Beartrack-Arnett complements this with 65,000 ounces per year production requiring merely $110 million capital expenditure leveraging existing ADR processing infrastructure.The modest capital requirements reflect substantial brownfield advantages including existing power, roads, processing facilities, and water infrastructure available for redeployment. Both projects represent former producers with established metallurgical characteristics, community relationships, and operational precedent reducing technical and permitting risk. Mercur benefits additionally from private land ownership enabling streamlined state-level permitting rather than complex federal processes, whilst its dry environment eliminates water management complications.Capital efficiency considerations prove particularly compelling in current market conditions. The company maintains approximately $23 million cash backed by strategic investors Dundee Corporation and EMR Capital, with management emphasising disciplined capital deployment to minimise shareholder dilution whilst advancing projects towards production. As Agro notes, "Every dollar we put out the door right now is costing us roughly 0.2 times underlying NAV," incentivising value maximisation before accessing additional capital.The current valuation incorporates only 2.5 million of the company's 6 million ounce resource base, excluding value attribution for 3.5 million ounces not yet in engineering studies plus underground expansion potential and district-scale exploration upside. This optionality provides organic growth opportunities fundable through initial production cash flows without requiring dilutive external capital.Near-term catalysts include Q1 2026 column leach metallurgical results, ongoing drill result releases from over 70 unreported holes at Mercur, formal permitting launch in early 2026, and pre-feasibility study advancement. Recent drilling has delivered average grades 22% above resource estimates whilst metallurgical recoveries exceed PEA assumptions by 10%, providing progressive technical validation.For investors seeking leveraged gold exposure, Revival Gold offers compelling risk-reward characteristics: substantial valuation discounts to peers, clear production pathways on compressed timelines, robust project economics with strong margins, capital efficiency enabled by brownfield advantages, and significant optionality beyond base case scenarios. The combination positions the company to capture both near-term revaluation as projects advance and longer-term value creation through low-capital production and organic resource expansion.View Revival Gold's company profile: https://www.cruxinvestor.com/companies/revival-gold-incSign up for Crux Investor: https://cruxinvestor.com

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "War doesn't determine who's right - only who's left." - Bertrand Russell Gratitude: For heartbreak because it reminds you that your heart is strong enough to face the worst and still keep beating. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If you're not listening to this on your Alexa, you should be! Visit TheDailyRefresh.com and click on the word Alexa in the Nav bar for a tutorial on making The Daily Refresh one of your Flash Briefings.

A daily quote to inspire the mind, gratitude to warm the soul, and guided breathing to energize the body. Quote: "Why you? Because there's no one better. Why now? Because tomorrow isn't soon enough." - Donna Brazile Gratitude: For roads, streets and sidewalks and those who take care of them, as we go about our everyday lives using them. Guided Breathing: Equal Breathing. Visit TheDailyRefresh.com to share your unique piece of gratitude which will be featured on an upcoming episode, and make sure to watch the tutorial of how to make The Daily Refresh part of your Alexa Flash Briefings! Call to action: If there's something unique YOU are grateful for, let me know and I'll share it on an upcoming episode. Simply visit TheDailyRefresh.com and click the word 'Gratitude e' in the Nav bar!

The Chopping Block unpacks crypto's DATpocalypse — NAVs collapsing, volumes drying up, and consolidation on the horizon. Plus: Vitalik sparks a wave of quantum panic, what Q-Day really means for Bitcoin and smart-contract chains, and why “qubits per share” might become the next great crypto meme. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This episode opens with the DATpocalypse: almost every DAT is now below NAV, volumes have collapsed outside Bitmine and MicroStrategy, and the market is finally confronting what happens when issuances outrun demand. We get into consolidation talk, preferred-share experiments, capital-structure pivots, and whether any DAT should actually be selling crypto to buy back shares at a discount. Then we shift into quantum mania. Vitalik's “2028” comment lit up Q-Day fears, and we separate genuine hardware progress from pure panic. We discuss why post-quantum upgrades are simple for Bitcoin but brutal for stateful chains, and how hype alone could trigger a wave of “quantum-resistant” speculation. And yes — the running gag: DATs using quantum machines to steal Satoshi's coins. Tough markets, weird narratives, and institutions quietly holding the line. Let's get into it. Show highlights