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It's been another interesting year in the world of personal finance and macroeconomics. As we look ahead to 2026… well, who really knows what's coming? I'll be sharing my own take—and making a few predictions—in an upcoming episode. What's hard to ignore is just how unusual this moment in history is. We're coming off COVID. We went through a rapid rise in interest rates, and now a pullback. Tariffs are back in the conversation. There are a lot of moving parts, and as usual, the consensus hasn't exactly nailed it. Almost every expert was convinced tariffs would push inflation higher. I expected at least a temporary bump—some transient inflation while markets adjusted. Then the CPI report came out at 2.7%. That's a lot closer to the Fed's 2% target, and nearly half a percentage point lower than expectations. Clearly, something else is going on. At the same time, GDP came in at around 4.3% growth. That's real strength. Inflation is coming down, growth is strong, and while the labor market is still a little murky, there's no question there's underlying momentum in the system. Investors haven't quite felt it yet. It's been a sticky environment. But my sense is that we're getting closer to a shift—more liquidity, more money in the system, and markets that may start moving meaningfully again. Of course, we'll see how it all plays out. For this episode, my producer Phil pulled together some of the highlights from the show in 2025—a look back at the conversations and ideas that stood out in a year when the data kept surprising just about everyone. I hope you enjoy it. And again, happy holidays. Merry Christmas, and Happy New Year. Transcript Disclaimer: This transcript was generated by AI and may not be 100% accurate. If you notice any errors or corrections, please email us at phil@wealthformula.com.  Welcome everybody. This is Buck Joffrey with D Wealth Formula Podcast, coming to you from Montecito, California and, uh, want to wish you, first of all, a happy holidays. Merry Christmas, happy new Year, all that. And, uh, yeah, it’s been, uh, it’s been another, uh, another interesting year in the world of personal finance and macroeconomics is what, what we talk about on the show. And as we look forward to 2026, gosh, who knows what’s gonna happen, right? Uh, well I’ll give you my take in, uh, show coming up where I’m gonna make some predictions. However, you know, it’s just, it, it, it’s just such an unusual time in, in history. Um, as we kind of look at. Coming off of COVID and having those high interest rates and then coming, uh, coming down and then having Trump elected and now the tariffs and well, gosh, who knows? Right? I mean, just for example, you know, almost every expert was pretty much guaranteeing that inflation would go up because of the tariffs. I mean, even if it was transient, which frankly I thought it was gonna be transient, meaning that there was gonna be a bump in inflation. For a period of time until there was a readjustment after tariffs. Well, TPI comes up most recent CPI is actually 2.7. You know, that’s much closer to the fed target of 2%. And, um, 2.7 was, you know, I think, uh, almost a half, half percentage point less than the expected, uh, CPI, uh, report. So that, that’s obviously something else is going on there. And then. GDP numbers came out and we had a four handle. It was like 4.3, I believe, GDP. So we’ve got incredible growth. We’ve got decreasing inflation. The labor market is still, I know, a little unclear, but it seems like there’s a lot of strength in this market. Of course, it’s really sticky investors. We haven’t quite felt that strength yet, but I do think you need to start anticipating. That markets are gonna come back pretty heavy, uh, with increased liquidity, uh, and a lot of money in the system. But we shall see, uh, this show. What we’re gonna do here is, uh, my, uh, producer Phil put this together, but it’s basically some of the highlights of, uh, the show in, in 2025. So hopefully you enjoy it. Uh, and again, happy holidays. Merry Christmas, new Year. And we’ll be back right after these messages. Wealth Formula banking is an ingenious concept powered by whole life insurance, but instead of acting just as a safety net, the strategy supercharges your investments. First, you create a personal financial reservoir that grows at a compounding interest rate much higher than any bank savings account. As your money accumulates, you borrow from your own. Bank to invest in other cash flowing investments. Here’s the key. Even though you’ve borrowed money at a simple interest rate, your insurance company keeps paying. You compound interest on that money even though you’ve borrowed it at result, you make money in two places at the same time. That’s why your investments get supercharged. This isn’t a new technique, it’s a refined strategy used by some of the wealthiest families in history, and it uses century old rock solid insurance companies as its back. Turbocharge your investments. Visit wealth formula banking.com. Again, that’s wealth formula banking.com. How do you approach the process of identifying stocks that are maybe best suited for consis consistent cash flow? Or do you just pick the stocks that you like and, and create the cash flow? Or are, you know, fundamental metrics that maybe you prioritize? Yeah, the, the, the first thing to determine. I think real estate investors understand this is if I were to invest in real estate, I’m gonna determine whether I’m gonna be a flipper, or I’m gonna try and buy low forced depreciation, sell high. Or if I’m gonna be a cashflow investor where I might invest in syndication, or I am, I’m gonna have tenants in property management. And the same is true with stocks. Most people start off by thinking about price rather than cash flow. They think about buy low, sell high, like a house slipper, and that’s, that’s less tenable in stocks because in real estate, if I buy low and sell high, I can do things to force appreciation. I can renovate, I can get new management, I can put in new appliances. I, there’s things I can do to force appreciation. But once a person buys a stock, there’s absolutely nothing you can do to make the stock price go up. But if you take a a, if you think of it like a real estate investor. You think about it like owning a business where the priority, as you mentioned these metrics, the priority is, Hey, what kind of cashflow will this produce be in terms of dividends and in my case, option premiums. And so some of the key metrics is, you know, if I, I’m basically buying a financial statement, same as real estate. You know, I, I, I, it is just a little different numbers in real estate. I wanna know what the net operating income is. In stocks, I might wanna know what the EBITDA is ’cause they’re essentially looking at the same types of things in real estate. I wanna know what the cap rate is in stocks. I wanna know what the PE ratio is, which is just the same number inverted. They just put the price on the top instead of the bottom. To me, I don’t see a difference between real estate and stocks, uh, in that they’re both a business or they charge someone for a good or a service. And there’s either cashflow there at the end of it or not. If people take a cash flow approach, they can begin to build on their passive income. And that contributes to that blueprint we mentioned earlier to get ’em outta the route race. So if you take a Warren Buffet approach, the most important number in that business is operational cash flow or earnings. Meaning does what they do, their operation. You know, you walk in there, a nice operation you got going here, you know, trucks are moving and you know, products are being built and shipped and, and nice operation. If they’re earning money, that means that’s the life flood of the business. That means it’s got a good moat. That means it’s pretty protected and that allows them to do two things for me. Number one is a dividend, which is exactly the same thing as a distribution in real estate. Uh, there is no difference, uh, in a syndication. I have a whole bunch of investors I’ve joined with where you have a share of this project and when the earnings come out, they distribute the, the distributions among the share shareholders. Same is true with stocks. They take the earnings, uh, we call it a payout ratio, and they take a, a, a significant amount of that money and they pay it in a dividend, same as a distribution. But what I do that’s a little bit unique buck is, uh, is I also have the options market on my side. Where I can use options to control risk, uh, to get guarantees where I can buy and sell, but even more importantly, I can offer, uh, and get paid for making promises to people. This is very much a Warren Buffet deal where it, it brings a significant increase to my monthly cash flow beyond the dividend, up to three, two and three times. Uh, the amount of money, two to 300% more cash flow. By being involved in the options market and that’s, that’s a nice secret sauce. The yield max Tesla option income, ETF, which is TSLY. And basically what it does is. Is it just does a series of longs and shorts and, and then generates what looks like to be kind of a, a ridiculous amount of, uh, dividend, uh, per, per month. So what are we missing here? What, what’s, well, you’re, you’re basically hiring those guys to mow your grass. It’s just like any other mutual fund or any other. They’re doing something you could absolutely do by yourself and not pay them a fee. There’s two cultures. There’s the advice culture and there’s the education culture and the advice culture. People say, look, I don’t wanna learn anything. Just gimme the advice. Well, you’ll pay for that in fees. And the problem with doing that is if you really listen to Warren Buffett, which 1% is enormous. Because in the wealth blueprint that we do for people, we use compounding. We use the compounding calculator to see what we’re gonna need. You drop that 1%, you give up 1% of your compounding powers as an investor over your life, it, it wouldn’t seem like 1%, but Buffet knows the truth. It’s enormous. So yeah, absolutely there are ETFs and there are funds that will do exactly what I do or what I teach people to do, but we have some advantages in doing it yourself because risk is about control. I trust myself more than I trust those guys any day of the week. And like I say, I’m doing this by month, so yeah. But it’s legit. How do you even make predictions? And second of all, I mean presumably you still have some forecasts over the next, uh, 12 to 24 months, and maybe you could tell us a little bit about that. Our methodology lends itself to times of uncertainty like this, and that’s the benefit of really relying on the leading indicators that we have. Now. We do have to take a little bit of a different approach. We have to look at data in a lot higher frequency today. You know, a lot of the data you get from government sources or quarterly data, monthly data, but we’re having to track weekly trends with the ever-changing environment that we find ourselves in. So we’re not surprised by the time any monthly or quarterly data comes out. The level of uncertainty that we’re dealing with is certainly unprecedented. I share an index each day, um, and we are three times more uncertain today than we were at the height of the pandemic. You know, put that in perspective, right? Yeah. So we do have to adjust, um. The, the way that we’re looking at data with higher frequencies, we also have to rerun a lot of these correlation analysis. Every single time we get a new data point to see are these lead times becoming more condensed? Do we have to make adjustments in our models as a result to maybe data reacting quicker than it might have in the past? So those are some of the ways that we’re, we’re continuing to evolve in these interesting times we live in. This relates to our forecast. Our team expected some weakness in the first part of this year, and, and we knew that coming in with the, with the tariffs that were proposed during President Trump’s campaign, we did have a weak first quarter GDP number forecast. Our team was 0.1% off of nailing that first quarter GDP number, so they were right on the money there. Uh, we were very impressed with that, but we do expect a sluggish first half of the year. We call it the recovery phase of the cycle. What we mean by that is our growth rates are still building momentum, but are still negative year over year. You know, ITR. Really known for its emphasis on leading indicators. So which of the leading indicators you guys rely on the most when and, and I guess which are flashing red or green right now? I’ll give you one of each. Uh, yeah. The one we’re in right now, we look at the purchasing managers, index isms, purchasing managers index. Now we look at at on a one 12 basis. What I mean by that is we compare the most recent month, the same month one year ago. The reason we look at it on that basis is it gives us 12 month lead time into the future when you correlate it to the economy. That index was recently rising until we got the most recent month of data, and then it dropped back down. So that is giving us the mixed signal of, hey, we need to be a little bit more concerned about the prospect for growth moving forward. Now the opposite is true when we look at an indicator called capacity utilization. What Capacity utilization measures, it’s about an eight month lead time to the economy. So still a nice view into the future, but what it measures is output over capacity, and that actually continues to improve meaning. And again, really all that means on a simple level is we’re utilizing more of our existing capacity, so we’re getting busier. If we look at the consumer side of inflation that the Fed’s more concerned about in terms of setting policy, we have inflation essentially flat this year from where we are today. Now, if you look at the CPI, it’s at 2.8%. Our projection for the end of the year is 2.8%. We don’t see inflation coming down much at all. As a result of that, that’s why you’re seeing Chairman Powell back off being able to cut rates and is holding these rates steady because he sees these higher inflation risks as well. And so from our perspective, it’s very unlikely you see any meaningful interest rate decline this year. Yeah. Now again, the second quarter, GDP number can have an impact on that. We do see a very weak second quarter chairman Powell alluded just a couple of days ago to some slack in the labor market. Maybe you can get a quarter point if we have a really weak second quarter, quarter point cut, but it just seems very unlikely given how persistent inflation has been. And so we tell all of our clients, prepare for interest rates to be relatively flat this year, and prepare for interest rates to rise through the balance of the second half of the decade. It’s not just tariffs, it’s employment costs, it’s electricity costs, it’s material costs. There’s a lot more driving higher inflation than just tariffs. What macroeconomic trends are you watching right now with regards to how they’re shaping the markets today? I think there’s really three things right over the long run. They’re gonna debase the currency, that’s gonna be a persistent tailwind for all liquid, uh, assets, including stocks. Bitcoin gold and bonds. And then I think that you also are going to have a, uh, very interesting dynamic around all these tariffs, uh, and kind of the administration’s economic policies. And then the third thing is that there is a whole technology, uh, trend to, uh, pay attention to. Uh, obviously innovation is very deflationary. Uh, we’ve got, you know, things from humanoid robots to rockets to gene editing, to uh, to crypto and everything in between. And so I think those three things really tell the story of where, uh, markets potentially go in the future. When I grew up, um. S and P 500 was the benchmark. There’s a risk-free rate in bonds. I believe that my generation and younger sees Bitcoin as the benchmark. And so, uh, it’s very simple. If you can’t beat it, you gotta buy it. And I think that there’s institutions around the country who are realizing they can’t beat the benchmark and therefore they will end up buying it. And really, to me, that is, uh, maybe the most interesting. Part of the entire conversation is that Bitcoin obviously has risen significantly on a percentage basis in appreciation. Bitcoin has kind of infiltrated every corner of finance, but most importantly is it has transitioned from a high risk, you know, kind of asymmetric type asset to now it’s becoming the hurdle rate uhhuh. And if you’re the hurdle rate, you suck up a lot of capital. Yeah. Because there’s not a lot of people who can beat you. And I think that that is a very powerful position for Bitcoin to be in. And that’s how you infiltrate into, uh, the institutional portfolios. Bitcoin will stop going up. When they stop printing money. I don’t think they’re gonna stop printing money, so I don’t think Bitcoin’s gonna stop going up. That’s kind of one huge component of this. The second thing is that Bitcoin is very unique in that the higher the price goes, the less risky it is deemed by the largest pools of capital. Mm-hmm. And so usually, you know, if NVIDIA’s at a $4 trillion market cap, people like, oh, it might be overvalued there. A lot of debate. Right. Bitcoin if it was at a $4 trillion market cap would be way less risky than it when’s at 2 trillion. And so there is a lot of structural advantages, both from the legacy world but also from the Bitcoin market that I think will continue to lead to these large institutional capital pools. Uh, allocating some percentage. And the beauty is right now we have very small adoption in that world. Uh, it’s only gonna get bigger. It’s only gonna get more normalized. And I think that one of the parts people really underestimate when it comes to Bitcoin is how important time passing is. You know, if you think back, uh, there is not anyone under the age of 16 that has lived their life without Bitcoin existing. If you’re keeping large chunks of money in savings account, paying less than 1% or any percent less than inflation, you’re bleeding wealth every single day. It feels safe. It looks safe, right? ’cause the numbers may not be moving nominally but it, but it’s not safe. It’s a bucket with a hole in the bottom and you don’t even notice until it’s almost empty. That’s why the wealthy don’t hoard cash. They own assets. They own assets that inflate with inflation. If you can’t beat ’em, join them. They buy things that grow in value as dollars shrink because they understand the system. They don’t fight it, they ride it. So you’ve said many times that the current monetary system is broken and headed for reckoning. So from your perspective, what are the core flaws in the system right now and how do we get here? Well, probably the largest and most obvious underlying flaw in the monetary system is the fact that the federal government just can’t balance its budget. And so they have to take on debt to cover the deficit that they run and that deficit. Well, you know, over the course of the last 20 years, it’s gone up and down. More recently, it’s gone mostly up and, uh. We just came through a period where, you know, it was reemphasized to everybody. Just what a problem this is. Because as you’ll recall, when Trump was first elected, they were talking about those, the Department of Government Efficiency and cutting expenses and you know, maybe 2 trillion or 1 trillion. Of course, then Elon got frustrated and left and the numbers have come down and you know, Trump and the Freedom Caucus was saying they were gonna try and balance the budget or at least cut expenses. And of course, what we know is that they just passed this big beautiful bill. Which really increases the deficits and they bump the debt, uh, ceiling up by another $5 trillion. So sadly, what do many of us have seen and been saying, which is to say they just can’t stop, kind of continue. Seems to be continuing. And, um, you know, the reason why that, just to close the full circle, the reason why that matters is they, they do this debt, they issue debt to cover these deficits, and then the debt requires interest payments and, you know, there’s not enough money to make the interest payments. And so. They more or less have to print the money, you know, and inflate the money supply to keep the system going. And that’s why it’s so important to hard assets. You know, we need to grow the economy at, you know, 4, 5, 6, 7% a year, which, which we’ve never really done on real terms. Well, I think that is kind of what they’re projecting it might be, but it, it’s gonna be harder than hell to achieve. I mean, it just, where you can’t just snap your fingers and create that growth. Now, don’t get me wrong, if you start to, if you ramp up inflation. If you have 10% inflation, well then the GDP number’s gonna get bigger, fast. And so really the model they’ve used, they call it the R Star model, is that they’ve got to have faster growth. Growth rate has to be higher than interest rates, or else you’re in a debt spiral. And so what’s been happening is, by the way, that’s why Trump wants to take interest rates down so much. You know, he is called for a 300 basis point cut. Imagine right now with inflation running at three plus percent, if they cut rates to one point a half percent or one point a quarter percent, I mean, it would be good for the economy. People would refi their houses. You know, there were all kinds of, you know, growth, right? Huge. But in turn it would be inflationary, very inflationary. That’s the trap. They’re really kind of caught in. It’s a seventies kind of stagflation sort of environment. You know, if they don’t keep rates low, they’re not gonna have any growth. If they want to get growth, they’ve gotta keep rates low. That’s gonna lead to monetary creation, which is gonna lead to inflation. Look how it all resolves is very complicated and none of us know. Yeah, sure. But what I do know with very high certainty, with a lot of confidence is this is going to be an inflationary decade. It’s already been an inflationary decade, and because of the way the math is today is very highly likely to continue to be an inflationary decade until we fix this monetary system. Well, we have less than 3% adoption. Three goes to six fairly easily. You know, human beings underestimate how long change really requires, and then we really underestimate how much change actually occurs. Think the internet like we are moving into a digital planet, right? Robots are not going to use credit cards, man. They’re not gonna use, they don’t need visa. We don’t need middlemen. The cool thing about Bitcoin, unlike the Rolls Royce, is you don’t have to buy the whole Rolls Royce. You can buy a fraction of it. You know, you don’t, maybe you guys partner with each other to do apartment buildings. Well, you’re already doing fractured deals on apartment buildings, so Sure. It’s not really that different. 2%, 3% goes to six. I mean, it does go to six. You have the largest ETF in the history of ETFs, okay? This supersedes the goal. ETF by orders of magnitude. I study markets very, very well, price. Really gets people’s attention. I think price is, uh, 90% of Bitcoin. Like I am truly a supply and demand guy. Oh wow. 21 million. And you guys have lost four. You lost 4 million coins. Oh, how’d you lose the 4 million? You lost the 4 million. I know how you lost it. You mispriced it. Bitcoin has been mispriced every day. Its entire history. Dude. 19 million coins have been issued. The addressable market is 8 billion people. You don’t need ’em all. Yep. You just need a small function of those 8 billion to go, Ooh. 21 million units and and four have been lost. It’s already mispriced. Okay. They’re pricing Bitcoin at one 15 Today, assuming there’s 21 million units, we know there’s not. There’s 17, so the supply shrunk. The market caps at 2 trillion. Hello. The standard deduction for a household is now, uh, what in a low 32,000 range. And it turns out that 60% of the households in the United States cannot take advantage of itemized deductions. That is when they take their mortgage interest, property taxes, charitable deductions, they don’t get that number. And so there’s not as much benefit to home ownership as there used to be in the United States. With our big institutional players, nobody wants their appraised values to be quickly marked down to market, because if your competitors don’t do the same thing and they’re part of the index and benchmark that you compete against, you’re going to underperform. And so we’ve traditionally had a lot. Appraised values for real estate among the institutional players, especially. You don’t get this out of the private market, but you get this from the nare players, the institutional type players, and, um, and everybody’s, uh, uh, fearful of underperforming that index. I would prefer as a private investor just to go ahead, bite the bullet and mark it down. Now take the pain if in fact you’ve seen it go down. Some markets have seen property values go down 30, 35% even in multifamily, but they’ve bottomed out in the transaction market and, and absolutely the, uh, the appraisers are gonna have to bring it down and the owners are gonna have to ease up that pressure and say, yes, I want a realistic appraisal. But, um, but there is that fear of underperforming the index and that’s. What’s holding up the American appraisal firms in 2008, 9, 10, 11, we saw a lot of deep distress. The the smart money was ready for it. Now, there’s a lot of people with dry powder, as we say. Ready to p on the market hoping for some distress from those who cannot refinance now, whose, whose CMBS loan or other money is, is rolling. A couple points there. One is, I think you’re going to see more loan modifications this cycle than last time because they realize it’s temporary and they realize that not all properties are in trouble. And these tend to be the higher leverage properties. The smart private wealth investors tended to use conservative leverage over the last several years knowing we’d hit a cycle and, and they probably are 65% or less. Leverage some of the, um, greener newer investment managers might have gone up to 80% and might have even used variable rate debt when they shouldn’t have. They’re the ones getting nailed. They’re losing all their equity and that property is distressed. So there’s not that much of it out there. But there’s a little bit, and I would certainly pounce on it if you can find it. There are often a lot of sort of hidden costs associated with buying versus renting. Can you talk about trying to weed through some of that? Sure some of the highest costs that we don’t think about when we own, although we do take cut down on risk. And also I think that’s come back to consumption. I, I is the fact that there’s the opportunity cost. So think about having 50%, a hundred percent of your home paid for. This, it’s the opportunity cost. You’ve actually taken capital out of play at higher returns to put it into something that perhaps, yes, you see it as a form of an investment, but it’s also partly consumption. And I think that’s why many people end up paying for their homes when they can, because there’s an old saying, and that is, you can’t go broke if you don’t owe money on it. Right? So if you, it’s hard for the lender to come get your home and you don’t really care, right? You wanna be able to. Have no debt on your home. It doesn’t make the typical financial sense if we argue at it from leverage and returns and maximization of returns. I think most people this high end level are looking at, you know, I, I, I, I have high net worth. I’m looking at both consumption and the investment side of the component. But very often the consumption wins and the investment is I can be safe and I can own this house. Outright in many states too. Your homeowner, the home that you live in, you are actually, if you’ve homesteaded the home, you’re actually protected against lawsuits and other things that are out there. Divorce cases will protect your position in, in terms of a homestead, so you can protect a significant portion of wealth by having a paid for home. What are some of those markets that are really overpriced versus. I guess underpriced right now. So when we look at the top 10 most overpriced markets in America right now, we look at their prices, where they are and compare them to where they should be statistically modeling them. We’re seeing the most overpriced markets are Detroit at 33.5% and then falling, falling, descending. Order of Cleveland, Ohio. New Haven, Connecticut, Akron, Ohio, Worcester, Massachusetts, Las Vegas, Nevada, Hartford, Connecticut. Rochester, New York, Knoxville, Tennessee, Toledo, Ohio. You’ll notice. And these are overpriced. These are overpriced. These, the overpriced mark. That’s so, that’s sort of counterintuitive, isn’t it? Ab absolutely. But yes. Wow. Okay. And then h how about the, uh, underpriced markets? I’m curious on that too. Sure. So when we then go to the opposite end of the spectrum, and usually now with underpriced comes risk and there’s risk in both of these markets, what you wanna do, both overpriced and underpriced, what you wanna be long term in a housing market. Uh, ’cause you want to be really close to that trend and not have these dramatic swings. It’s just like stock price. We don’t like volatility. Housing, it’s, it’s dangerous for performance. The most underpriced markets. We only have four markets in America right now that are trading at a discount relative to their long-term pricing trend. In other words, statistically, where they historically prices say prices should be today only four cities are underperforming. That that’s Austin, Texas at 3.1% below where they should be, or a discount of 3.1%. San Francisco at a discount of 6.5%. Wow. New Orleans, Louisiana at a discount of 8.7 and Honolulu, Hawaii at a discount of 10.3. Notice I’m not saying these markets are inexpensive. They’re just below where they’ve historically been. These are the best buys right now because they’re below their long-term trend. One of our other indices, we call it our price to rent ratio. It’s really a PE ratio for rents versus home ownership. And then so we can look at that. So if you’re in our a hundred markets, we know the average price, right? So it’s gonna be priced, divided by the annual average rent. So it’s gonna be how many dollars in price do you pay for every $1 and annual rent? And that gives us the relative difference between owning and renting. The higher that ratio. The, the more you should on in general be leaning towards renting, the lower that ratio, the more you should be leaning towards owning. And we used to do an old buy versus rent index for 23 cities. We now do it for 100 cities. And this price to rent ratio produces almost the same exact answer. So when we look at the average price to rent ratio in an area and we just compare, are they above or currently are you above the price to rent ratio? Uh, for Los Angeles, California. Are you below it? If you’re above that average for say the last 10 years, you’re gonna be rent friendly. If you’re below it, you’re gonna be bio friendly. I can do this very quickly. Pick a California market you’d like to know about. Why don’t we try Dallas, Texas. Okay. Dallas, Texas. That one’s in the top 100 in terms of population. So Dallas, Texas, uh, their price to rent ratio is at about a, just below a 6% premium. In other words, that trade off between renting and owning is about 6% above where it should be, so it slightly favors renting. I’ll jump to the next index. If we look at actual prices in Dallas, there’s a slight premium. So it’s, it’s, it’s telling me, Hey, that my price to rent ratio’s high, slightly favoring ownership, but it’s probably because prices are a little high and they might change. Uh, Dallas has had a bit of a. Premium right now. So I will now go look at Dallas rents. My gut feeling is they’re gonna be below average and they are. They’re at about a 4.5% discount. So that’s just market dynamics in motion right there. And we can do that for a hundred cities pretty quickly. Mm-hmm. You make a lot of money, but are still worried about retirement. Maybe you didn’t start earning until your thirties, now you’re trying to catch up. Meanwhile, you’ve got a mortgage, a private school to pay for, and you feel like you’re getting further and further behind. Good news. If you need to catch up on retirement, check out a program. M put off by some of the oldest and most prestigious life insurance companies in the world. It’s called Wealth Accelerator, and it can help you amplify your returns quickly, protect your money from creditors, and provide financial protection to your family if something happens to you. The concepts here are used by some of the wealthiest families in the world, and there’s no reason why they can’t be used by you. Check it out for yourself by going to wealth formula banking.com. Welcome back to the show everyone. Hope you enjoyed it and uh, once again. Thanks again for listening. Uh, I truly appreciate your support. I hope, uh, I hope it’s been entertaining for you and that you’ll learn something along the way and, um, you know, always appreciate your feedback. Shoot me an email, bucket wealth formula.com. Let me know if there’s things that you want me to do. Let me know if there’s things you wanna hear more about. Uh, but hopefully it’s gonna be a good year and we’re gonna keep plugging away talking about the, you know, try to get educated myself and pass along information to you on Wealth Formula Podcast. That’s it for me this week on Wealth Formula Podcast. This is Buck Joffrey. If you wanna learn more, you can now get free access to our in-depth personal finance course featuring industry leaders like Tom Wheel Wright and Ken McElroy. Visit well formula roadmap.com.

PRE-ORDER MY NEW BOOK (OUT MAY 5, 2026)!!! - https://bit.ly/43BquPd Teacher besties… this week I brought on one of my favorite chaotic humans: the hilarious Gerry Potoka, comedian, teacher, and man of mysteriously undefined licensure. In this episode, Gerry and I try to pinpoint what he actually teaches, debate whether PE tests are secretly impossible, unpack his “desk art collection,” and discover that his lowercase k is actually a cursive crime. We also react to a voice memo that had both of us questioning the ethics of having “favorite students,” accidentally stumble into a conversation about charcuterie boards and disease vectors, and play a game of Would You Rather: Teacher Edition that reveals way too much about our tolerance for cafeteria behavior. Takeaways: The shocking subject Jerry may, or may not, actually be licensed to teach. Why his lowercase k started an existential crisis in the teacher's lounge. The voice memo that made us both rethink “favorite students” forever. Kinder field trips vs. middle school dances: the battle of true horrors. A charcuterie board, a stomach bug, and a chain reaction that absolutely nobody survived. -- Teachers' night out? Yes, please! Come see comedian Educator Andrea…Get your tickets at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠teachersloungelive.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Educatorandrea.com/tickets⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ for laugh out loud Education! — Don't Be Shy Come Say Hi: www.podcasterandrea.com Watch on YouTube: @educatorandrea A Human Content Production Learn more about your ad choices. Visit megaphone.fm/adchoices

Is private equity turning firms into a 'dumpster fire'? Blake and David unpack Accounting Today's survey showing partners are upbeat while staff are sour on PE. They hit Andersen's $176M IPO, why Big Four ties to Big Tech raise independence questions, and how AI could finally kill the billable hour. Plus, what tax pros really charge in 2025 - and the wild 'Middle Finger Ranch' fraud.SponsorsOnPay - http://accountingpodcast.promo/onpay Cloud Accountant Staffing - http://accountingpodcast.promo/casChapters(00:56) - Private Equity in Accounting Firms (01:51) - Sponsor Message: OnPay Payroll Solutions (04:15) - Arthur Andersen's Legacy and IPO (07:45) - Private Equity Survey Results (21:04) - Big Four and Tech Giants (28:25) - Pricing Models for CAS Engagements (30:22) - Tax Preparers' Fees Breakdown (36:12) - Cloud Accountant Staffing (37:34) - Economic Growth and Consumer Spending (40:26) - Fraud Stories: Middle Finger Ranch and More (43:24) - PCAOB Budget Cuts and Enforcement Actions (52:29) - IRS Readiness for Tax Season (53:43) - Conclusion and Upcoming Topics  Show NotesPE in accounting firms: From 'dumpster fire' to excitementhttps://www.accountingtoday.com/news/pe-in-accounting-firms-from-dumpster-fire-to-excitement Andersen Group Shares Gain 47% After $176 Million US IPOhttps://www.bloomberg.com/news/articles/2025-12-17/andersen-group-shares-jump-34-after-176-million-us-ipo Andersen goes public, hits $2.6B valuationhttps://thefinancestory.com/andersen-group-ipo-2-6b-valuation The Big Four consulting firms are embedded in Big Tech. Here's who audits each of the Magnificent 7 companieshttps://www.businessinsider.com/big-four-accounting-audits-magnificent-seven-financial-records-2025-12 What do tax preparers charge? https://www.accountingtoday.com/news/what-do-tax-preparers-charge How much do tax professionals charge in 2025? Insights from NATP's Fee Studyhttps://www.natptax.com/news-insights/blog/how-much-do-tax-professionals-charge-in-2025-insights-from-natp-s-fee-study/ U.S. economic growth surges in third quarter to 4.3%https://www.washingtonpost.com/business/2025/12/23/gdp-economy-consumer-spending/ The US economy expanded at the fastest pace in two years as wealthier Americans kept spending https://www.cnn.com/2025/12/23/economy/us-gdp-q3 Kansas accountant diverted family funds to fictitious 'Middle Finger Ranch'https://kansasreflector.com/briefs/kansas-accountant-diverted-family-funds-to-fictitious-middle-finger-ranch/ Kansas Accountant, Who Created Fictitious 'Middle Finger Ranch' for Fraud Scheme, Sentenced to 4 Years in Jailhttps://www.cpapracticeadvisor.com/2025/12/04/kansas-accountant-who-created-fictitious-middle-finger-ranch-for-fraud-scheme-sentenced-to-4-years/174381/ PCAOB to tighten budget in 2026 https://www.accountingtoday.com/news/pcaob-to-tighten-budget-in-2026 PCAOB Approves 2026 Budget https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-approves-2026-budget Accounting Firms Must Stop Charging for Timehttps://cpatrendlines.com/2025/12/02/accounting-firms-must-stop-charging-for-time/ Dirty money gangster jailed over plot worth almost £12mhttps://www.dailyrecord.co.uk/news/scottish-news/dirty-money-gangster-jailed-over-36410033 PCAOB Sanctions CPA for Violations Related to Audit Evidence and Her Former Audit Firm for Quality Control Issueshttps://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-sanctions-cpa-for-violations-related-to-audit-evidence-and-her-former-audit-firm-for-quality-control-issues Ahead of Tax Filing Season, Warren, King, 15 Senators Warn of Tax Filing Chaos After Trump Admin Attacks on IRShttps://www.warren.senate.gov/newsroom/press-releases/ahead-of-tax-filing-season-warren-king-15-senators-warn-of-tax-filing-chaos-after-trump-admin-attacks-on-irsNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring The Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info?&n...

Send us a textIn today's episode, I'm chatting with Sami Young - a mom, wife, PE teacher, and avid reader who is perpetually caught between just one more chapter and not knowing what to read next. She's a proud millennial with a TBR list taller than my houseplants, and you might remember her from Episode 63, when she joined me alongside her son, Jarek.Episode Highlights:How Sami keeps a book with her everywhere she goes, even when reading time is short.What her real-life reading routine looks like right now and why nighttime has become her go-to.Easing into audiobooks by co-reading with a print copy.Why she likes to switch genres between books instead of reading the same kind back-to-back.Reflecting on reading aloud to her son when he was younger and how that shaped his love of reading.What it's like to be a family of re-readers (and why their bookshelves are always full).Savoring quiet reading moments - like sitting in the sunshine with a book and wishing it could last forever.Show NotesSome links are affiliate links, which are no extra cost to you but do help to support the show.Books and authors mentioned in the episode:Alan Gratz books (book recs in Ep. 6 with Lilianna)Six of Crows by Leigh BardugoHarry Potter series by J.K. RowlingWhere the Crawdads Sing by Delia OwensThe Four Winds by Kristin HannahPrisoner of War by Michael P. SpradlinThe Other Woman by Sandie JonesBook FlightThe House Across the Lake by Riley SagerPeople We Meet on Vacation by Emily HenryThe Last Year of the War by Susan Meissner✨ Find Your Next Great Read! We just hit 175 episodes of Bookish Flights, and to celebrate, I created the Bookish Flights Roadmap — a guide to all 175 podcast episodes, sorted by genre to help you find your next great read faster.Explore it here → www.bookishflights.com/read/roadmapSupport the showBe sure to join the Bookish Flights community on social media. Happy listening! Instagram Facebook Website

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„Nemožno sa ubrániť túžbe, ktorú vám v očiach vyčarujú bublinky perliace sa v pohári a štekliace chute na podnebí. Je to totiž ušľachtilé, tekuté zlato s čarovnou žiarou...“ takýto opis sa v roku 1907 objavil v dobovej tlači, aby priblížil výsledok už vtedy dlhovekej a solídnej tradície, tradície výroby šumivého vína v Bratislave - známeho pod značkou Hubert. Jeho originalitu ocenil aj sám cisár František Jozef, keď po ochutnaní vraj zvolal „Dieser Champagner ist vorzüglich!“, teda „Toto šampanské je vynikajúce“. A práve tento šumivý unikát oslavuje svoje dve storočia. Jeho história sa začala písať v roku 1825, keď sa dvojica dvoch bratislavských mešťanov Johann Fischer a dr. Michal Schönbauer odvážne pustili do výroby šumivých vín, prvej v Európe mimo vlastného Francúzska, ktoré je považované za kolísku šampanského. Dnešným slovníkom by sme ich priekopnícky podnik nazvali úspešným startupovým príbehom, veď napokon už v 30. rokoch sa ich vína pod označením Fischer-Schönbauer ocitali na stoloch najváženejších rodín nielen v starom Prešporku, ale aj vo Viedni a v Pešti. Ešte väčšmi sa pod tento podnikateľský úspech podpísalo meno Pavlíny Hubertovej a jej syna Henrika Huberta, ktorí bratislavský klenot doviedli azda k najväčšej sláve, korunovanej celým radom prestížnych ocenení. Aj napriek turbulenciám, ktoré prinieslo do histórie tejto firmy dramatické 20. storočie, tradícia, chvalabohu, pretrvala a bez Huberta si hádam ani nevieme predstaviť silvestrovské oslavy či dôležité životné jubileá. Skrátka, s bublinkami radi spojíme i našu radosť a náš úspech. O dvestoročnej histórií šumivého vína na Slovensku sa rozprávame s historikom Štefan Hrivňákom. – Ak máte pre nás spätnú väzbu, odkaz alebo nápad, napíšte nám na ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠jaroslav.valent@petitpress.sk⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ – Všetky podcasty denníka SME nájdete na ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠sme.sk/podcasty⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠See omnystudio.com/listener for privacy information.

Oro Por Você 03018 – 28 de dezembro de 2025 Pai, hoje quero pedir para que renoves a minha mente para que eu possa me tornar, em Cristo, a nova pessoa que o Senhor deseja que eu seja. Sei que isso não é possível sem a capacitação que provém do Senhor. Assim, pelo poder de Teu Espírito movendo-se em mim e pelo poder de Tua Palavra que está em minha mente e em meu coração, abandono as velhas formas de pensar. Conceda-me pensamentos puros, produtivos e proveitosos, além de uma boa memória e habilidade para refletir. Peço-Te que me conceda também inteligência e sabedoria. Renove minha mente, por favor. Em nome de Jesus, amém! Saiba como receber as orações diárias do Oro Por Você: -> No celular, instale o aplicativo MANAH. -> Para ver/ouvir no YouTube, inscreva-se neste Canal: youtube.com/AmiltonMenezes7 -> Tenha os nossos aplicativos em seu celular: https://www.wgospel.com/aplicativos -> Para receber pelo WhatsApp, adicione 41 99797 2727 e mande um recadinho pedindo os áudios. -> Conheça nosso novo portal de oração: www.oroporvoce.com.br -> Participe do nosso canal no TELEGRAM: https://t.me/tempoderefletir . -> Participe do nosso canal no WhatsApp: https://www.whatsapp.com/channel/0029Va9r7v8G8l5NcIiafZ2V . -> Instagram: https://www.instagram.com/amiltonmenezes7/ -> Threads: https://www.threads.net/@amiltonmenezes7 -> X (Antigo Twitter): https://x.com/AmiltonMenezes -> Facebook: facebook.com/AmiltonMenezes

Leitura Bíblica Do Dia: ÊXODO 22:22-27 Plano De Leitura Anual: ZACARIAS 5–8; APOCALIPSE 19  Já fez seu devocional hoje? Aproveite e marque um amigo para fazer junto com você! Confira: O pai de Felipe sofre de doença mental severa e saiu de casa para viver nas ruas. Depois de um dia de procura por ele, Cíntia e seu jovem filho Felipe estavam preocupados com o bem-estar dele. Felipe questionou sua mãe se o seu pai e outras pessoas sem-teto estariam bem agasalhadas. Eles decidiram lançar uma campanha de coleta e distribuição de cobertores e agasalhos para as pessoas em situação de rua da região. Por mais de uma década, Cíntia considera que esse é o trabalho de sua vida, creditando ao filho e a sua profunda fé em Deus o despertar nela as dificuldades de se viver sem um lugar quente para dormir. Há muito tempo, a Bíblia nos ensina a atender às necessidades dos outros. Moisés registra os princípios para orientar nossa interação com os que carecem de recursos. Quando somos movidos a suprir as necessidades dos outros, não devemos cobrar “juros visando lucro, como fazem os credores” (ÊXODO 22:25). Se a capa de alguém fosse levada como garantia, deveria ser devolvida até o pôr do sol, pois “Talvez a capa seja a única coberta que ele tem para se aquecer. Como ele poderá dormir sem ela?” (v.27). Peçamos a Deus que abra os nossos olhos e coração para vermos como aliviar a dor de quem sofre. Quer procuremos atender às necessidades de muitos ou a de uma única pessoa, nós o honramos tratando-os com dignidade e cuidado.  Por: KIRSTEN HOLMBERG 

Čo všetko by ste boli ochotní urobiť pre svoje dieťa? Poskladať basketbalovú reprezentáciu na paraolympiádu z úplne zdravých hráčov a klamať o tom celému okoliu? Možno. Presne to totiž urobil otec pre svojho mentálne znevýhodneného syna v úplne novom československom filme Dream Team. Jeho cieľom je ukázať, čoho všetkého sú rodičia schopní, keď chcú svojmu dieťaťu splniť sen. Exotickú náladu z Brazílie, dojemné hranice rodičovstva a nekonečný humor prinesie tento film na plátna už v januári. Viac o ňom povedala producentka a herečka Peťa Polnišová a režisér Jonáš Karásek.

În acest episod stau de vorbă cu Andrei Roșu, sportiv de anduranță și antreprenor, fondator Filgud. Discutăm despre drumul lui de la un job stabil și o viață confortabilă la sporturi extreme și, mai departe, la construirea unui business care pornește din disciplină și consecvență.Vorbim despre ce înseamnă să treci de la intenție la acțiune, cum se formează obiceiuri care rezistă în timp și ce legătură există între sportul de anduranță și antreprenoriat. Pe final, Andrei ne povestește despre cartea sa și motivele pentru care a ales să o scrie acum.Iată despre ce am discutat:00:00:00 Intro00:02:30 Despre Andrei Roșu00:05:06 Viața comodă pe canapea00:07:32 Declicul schimbării personale00:08:17 Paternitatea ca oglindă00:11:30 Emailul neașteptat00:12:29 Obiceiuri care trag în jos00:14:13 Lecții din Canalul Mânecii00:16:57 Întrebarea care te scoate din blocaj00:17:21 Nașterea brandului Filgud00:20:19 Ideea devenită produs00:23:31 Creștere construită pe termen lung00:26:11 Relația cu scrisul00:32:57 Mesaj ascultătoriProgramul Marțea Mastercard, care se desfășoară în perioada asta și oferă posibilitatea de a primi cashback atunci când plătiți online într-o zi de marți – funcționează simplu: dacă folosiți un card Mastercard și îl înscrieți pe priceless.com/marti, primiți 10% cashback la prima plată online din campanie.Descoperă detalii și insight-uri din discuțiile noastre, cărțile menționate și detalii despre invitați pe florinrosoga.ro. Aici te poți înscrie la un newsletter lunar pentru a afla noile episoade.Iar dacă îți place să asculți aceste podcasturi, acordă-ne două minute și scrie o recenzie pe Spotify sau Apple Podcasts. Este un gest simplu care ne sprijină enorm să abordăm subiecte interesante și alți invitați pe gustul tău.

1 Pe 5:7; Act 10:38; Rom 5:5; Luk 10:25; Mat 25:31-40; Mat 10:41; Psa 8:4: Heb 13:2Become a supporter of this podcast: https://www.spreaker.com/podcast/what-jesus-says--4116133/support.

Ben Lindbergh talks to two pitchers who topped out at Triple-A in 2025, which was a demotion for one and a promotion for the other. First, he brings back Rangers pitcher Declan Cronin, the only major leaguer alum of Ben’s high school, to discuss a setback of a season that included a mysterious hip injury, compromised mechanics, diminished stuff, a cutthroat release and, finally, Tommy John surgery. Along the way, they cover the urge to play through injuries, joining the Rangers after being unceremoniously jettisoned by the Marlins, what tearing a UCL feels like, the incentives that lead to elbow problems, Declan’s plan to bounce back from a challenging year, MLB-NWSL romances, and competing with other players for wedding dates. Then (1:05:45), Ben talks to White Sox pitcher/sportswriter Duncan Davitt about becoming a journalist on the side, being on both ends of interviews, being blacked out of baseball broadcasts, the plight and importance of local media, his deceptive delivery, being traded and making a 40-man for the first time, what he has to do to earn a call-up, whether pitchers wear protective cups, and much more. Audio intro: Ian Phillips, “Effectively Wild Theme” Audio outro: Jonathan Crymes, “Effectively Wild Theme 2” Link to “TK” journalism term Link to MLBTR on Soderstrom Link to Regis High School wiki Link to Declan’s first pod appearance Link to Declan’s second pod appearance Link to article about baseball weddings Link to Declan t-shirt Link to MLBTR on Declan’s TJ Link to list of TJ surgeries Link to cascade injury article Link to MLBTR on Declan’s deal Link to team RP WPA Link to team RP WAR Link to staff page at Tread Link to Tyler Zombro wiki Link to Paige Monaghan wiki Link to Paige’s wedding post Link to Dansby/Mallory article Link to Peña/Grosso engagement Link to Duncan strikeout reel Link to Register feature on Duncan Link to Sox Machine feature on Duncan Link to Duncan’s wedding post Link to Rays prospect ranking Link to traded prospects ranking Link to minor league IP leaders Link to Ben on deception Link to Indianola IA website Link to Indianola wiki Link to J.D. Scholten appearance Link to Indianola IA sports page Link to Duncan’s boys’ basketball article Link to Duncan’s girls’ basketball article Link to Duncan on the offseason Link to Duncan on the trade Link to Duncan on the 40-man Link to Duncan on Triple-A Link to Duncan on big league belief Link to Laurila’s notes column Link to Ben on the gap in 2025 Link to Ben on the gap in 2015 Link to Davenport on the gap Link to MLB.com on Abbott Elementary Link to Schwarber’s 4-HR game Link to MLB survey question Sponsor Us on Patreon Give a Gift Subscription Email Us: podcast@fangraphs.com Effectively Wild Subreddit Effectively Wild Wiki Apple Podcasts Feed Spotify Feed YouTube Playlist Facebook Group Bluesky Account Twitter Account Get Our Merch! var SERVER_DATA = Object.assign(SERVER_DATA || {}); Source

Licensure exams are hard, but here's what you didn't know — the technical content isn't the biggest challenge civil engineers say they face when they go up against them!

Ola Kunysz, programistka i mentorka, powie nam, jak dbać o głowę, aby przezwyciężyć wypalenie zawodowe lub nigdy do niego nie doprowadzić. [more] Rozmawiamy m.in. odpowiednim rozpoznaniu, przeciwdziałaniu oraz naprawie naszej sytuacji. Pełen opis odcinka, polecane materiały i linki oraz transkrypcję znajdziesz na: https://devmentor.pl/b/ || devmentor.pl/rozmowa ⬅ Chcesz przebranżowić się do IT i poznać rozwiązania, które innym pozwoliły skutecznie znaleźć pracę? Jestem doświadczonym developerem oraz mentorem programowania – chętnie odpowiem na Twoje pytania o naukę programowania oraz świat IT. Umów się na bezpłatną, niezobowiązującą rozmowę! ~ Mateusz Bogolubow, twórca podcastu Pierwsze kroki w IT || devmentor.pl/podcast ⬅ Oficjalna strona podcastu

Alex Sikorski, with his nine-figure PE exit, reveals why founders hit the 5-20M wall: exhaustion from urgent tasks, no financial GPS, and missing C-suite talent. Learn to delegate uniquely qualified work, build a 9-month war chest for crises, and prep for exits by de-risking. Essential for bootstrapped grinders dreaming of scaling and cashing out. Visit https://getmymarketingplan.com/?utm_source=podcast and schedule your call today. We want to get to know you, understand your goals, and help your business get found by the people searching for you.

No episódio especial de Natal, o SantoFlow recebe o Pe. FERNANDO SAPATERRO, sacerdote da Diocese de Santo André, conhecido como o padre cozinheiro que une fé, culinária e ação social.Com raízes italianas e uma paixão antiga pelas massas artesanais, Pe. Fernando transforma a cozinha em lugar de encontro com Deus. Criador dos projetos “Prece na Cozinha” e “Oremus Pasta”, ele mostra que cozinhar também pode ser oração, acolhimento e caridade.Neste episódio especial — CEIA DE NATAL COM O PADRE COZINHEIRO — a conversa passa pela sua vocação sacerdotal, a influência da culinária afetiva na evangelização, a experiência na Itália, o uso das redes sociais como instrumento de missão e o compromisso social que alimenta famílias em situação de vulnerabilidade.✨ Um diálogo leve, profundo e cheio de sabor sobre fé, Natal, família, solidariedade e como pequenos gestos, feitos com amor e oração, podem transformar vidas-----------------------------------------------------------------------------------------------------Clique no link e entre para o Aprofundamento Armas Espirituais agora:https://pay.kiwify.com.br/fDNO5I0Abra já sua livraria católica, entre em contato pelo link:https://w.app/vbbktxAumente o Dízimo da sua paróquia - DIZIFYhttps://dizify.com.br/?utm_source=san...Viaje com a S2 Viagens:https://s2viagens.com/contato/Agenda Católica:https://agendacatolica.com/Liturgia Diária da Paulus: A PAULUS acredita que bons conteúdos transformam, ajudam as pessoas a revelarem aquilo que têm de melhor. Aproveite essa oferta exclusiva: https://bit.ly/3WnFGvuHallow: O Aplicativo de Oração Nº 1 do MundoReze todos os dias com o Hallow, o aplicativo de oração número um do mundo. Experimente 90 dias grátis através deste link especial: https://www.hallow.com/santoflowArtesanato Costa:O ateliê mais tradicional de arte sacra do Brasil oferece estatuetas católicas de altíssima qualidade. Compre sua estátua e adicione um toque de fé à sua casa. Use o cupom "GUTO10" para descontos exclusivos: https://www.loja.artesanatocosta.com.brCamisetas Sabatini: Moda e DevoçãoInspire-se com as camisetas católicas de alta qualidade da Camisetas Sabatini, que unem estilo e fé. Visite a loja online: https://www.camisetassabatini.com.br WhatsApp: (44) 99844-8545ACN Brasil: Apoie os cristãos que mais precisam ao redor do mundoA Fundação Pontifícia Ajuda à Igreja que Sofre tem por missão sustentar a presença da Igreja em locais de extrema necessidade ou perseguição. É uma ponte de amor que liga quem pode ajudar àqueles mais necessitados. Com sua ajuda, muitos conseguem manter viva a fé diante dessas realidades. Doe agora e faça a diferença!✅ Doe Agora: https://bit.ly/3odbeCi✅ Doe via PIX: caridade@acn.org.br

¡¡NUEVO PODCAST!!Frank Favela y  Héctor Vargas. Periodistas de Espectáculos…“Lo Mejor del 2025”      Cartelera Cinematográfica. José Antonio Valdés Peña.  Viviana Basanta Hernández. Directora Artística del Ballet Folklórico  de Amalia Hernández… “Navidades en  México”   Dr. Guillermo Amaro Rangel…  ¿Alegría o Soledad?   

W figurze "obcego" krystalizuje się najważniejsze pytanie etyczne. Gdy mówimy o uchodźcy, to mówimy o pojedynczym człowieku, konkretnej historii i zdjęciu. Gdy mówimy o uchodźcach, z pojedynczych dramatów tworzy się masa bez twarzy, tracimy wrażliwość etyczną. Mówimy wtedy o liczbach, nie o osobach. Jak połączyć politykę i etykę w sprawie migrantów? Jaka jest różnica pomiędzy uchodźcą a migrantem? Dlaczego dobra wola jednostek jest ograniczana przez prawo i język polityki? Na podcast zaprasza Urszula Pieczek. Gościem drugiego odcinka jest Dobrosław Kot – myśliciel, pisarz i eseista, doktor habilitowany filozofii związany z Uniwersytetem Ekonomicznym w Krakowie. Autor m.in. "Tratwy Odysa. Eseju o uchodźcach". Pod nazwiskiem Wit Szostak publikuje utwory prozatorskie. Podcast powstał w ramach projektu Poznajmy naszą Europę współfinansowanego przez Unię Europejską w ramach dotacji Parlamentu Europejskiego w dziedzinie komunikacji. Materiały i wypowiedzi zawarte w podcaście przedstawiają poglądy autorów. PE nie odpowiada za ich treść.

ARIEL LAZARI é arqueólogo, GUILHERME FREIRE é filósofo e PE. JOÃO BECHARA VENTURA é sacerdote. Eles vão bater um papo sobre o Natal e suas tradições na religião católica. Já o Vilela acha que insuficiência renal é quando falta rena no trenó do Papai Noel.

TEMPO DE REFLETIR 01623 – 24 de dezembro de 2025 João 14:10 (A Bíblia Viva) – Você não crê que Eu estou no Pai e o Pai está em Mim? As palavras que Eu digo não são propriamente Minhas, mas do Pai que vive em Mim. E Ele faz a Sua obra por Meu intermédio. Um menino cego estava na esquina de uma rua movimentada, esperando seu pai. Um transeunte, vendo o garoto, ofereceu-se para ajudá-lo a atravessar a rua. – Não; muito obrigado – disse o menino. – Estou esperando meu pai. – Você tem certeza de que seu pai virá buscá-lo? – Sim, meu pai cuida de mim. Ele me conduz o tempo todo, e quando ele segura minha mão, sinto-me perfeitamente seguro. – Por que você se sente seguro? – interrogou o homem. Com um sorriso sereno de perfeita confiança, o menino respondeu: – Ah, porque meu pai conhece o caminho. Ele enxerga o caminho; eu é que sou cego. Temos a Jesus como nosso Pai. O pecado nos cegou, mas nosso Pai enxerga. Tomando-nos pela mão e conduzindo-nos, Jesus promete: “Não temas, porque Eu sou contigo; não te assombres, porque Eu sou o teu Deus; Eu te fortaleço, e te ajudo, e te sustento com a Minha destra fiel” (Is 41:10). Que notícia poderia ser melhor do que ter um Pai assim? João fala de Jesus como “o Pai”; de nós como “os filhos de Deus”, e de Jesus Se manifestando “para tirar os pecados”, uma evidência do “grande amor” que Jesus concede aos Seus filhos (1Jo 3:1-5). Embora esse texto revele o pecado como “transgressão da lei”, note que ele também mostra o pecado como a violação de um relacionamento pessoal sagrado – a relação Pai-filho, baseada no amor mútuo. Não pecamos contra o granito do Sinai ou mesmo contra um grande ideal moral, mas contra o coração de amor do nosso Pai. Coloquemos, portanto, os nossos pecados sobre Jesus. Peçamos-Lhe que nos perdoe. Então deleitemo-nos na Sua amorável presença. Ele deseja esse tipo de relacionamento amoroso conosco. Jesus tem por nós “inexcedível ternura, sobrepujando tanto a que nosso pai e nossa mãe sentiam por nós mesmos em nosso desamparo como o divino ultrapassa o humano” (O Desejado de Todas as Nações, p. 327). Reflita sobre isso no dia de hoje e ore comigo agora: Pai, obrigado porque enxergas o caminho, porque conheces o futuro e sabes o que é melhor para cada um de nós. Por isso, sem medo algum, nos entregamos em Tuas mãos. Toma conta de nossa vida; de tudo que temos e de tudo o que somos. Em nome de Jesus, amém! Saiba como receber as mensagens diárias do Tempo de Refletir: -> No celular, instale o aplicativo MANAH. -> Para ver/ouvir no YouTube, inscreva-se neste Canal: youtube.com/AmiltonMenezes7 -> Tenha os nossos aplicativos em seu celular: https://www.wgospel.com/aplicativos -> Para receber pelo WhatsApp, adicione 41 99893-2056 e mande um recadinho pedindo os áudios. -> Participe do nosso canal no TELEGRAM: TELEGRAM AMILTON MENEZES . -> Participe do nosso canal no WhatsApp: WHATSAPP CHANNEL Amilton Menezes . -> Instagram: https://www.instagram.com/amiltonmenezes7/ -> Threads: https://www.threads.net/@amiltonmenezes7 -> X (Antigo Twitter): https://x.com/AmiltonMenezes -> Facebook: facebook.com/AmiltonMenezes

00:00 – naktinė dovanų paieška 04:47 – „Žalgirio“ pralaimėjimas prieš PAO 13:30 – kaip spręsti S.Francisco problemą 36:26 – Ch.Silvos kandidatūra 46:15 – S.Pešičiaus rekordas 52:25 – M.Grigonio atsisakymas 58:10 – skundas dėl „Neptūno“ sirgalių 1:04:02 – „Ryto“ pergalė Šiauliuose 1:07:53 – metų įžvalgos ir 2026 m. lūkesčiai

14. Shifts in Latin America: Brazilian Elections and Venezuelan Hope. Ernesto Araujo and Alejandro Peña Esclusapredict a 2026 battle between socialist accommodation and freedom-oriented transformation in Brazil, highlighted by Flavio Bolsonaro's candidacy against Lula. Meanwhile, Peña Esclusa anticipates Venezuela's liberation and a broader regional shift toward the right following leftist defeats in Ecuador, Argentina,1910 NATIONAL LIBRARY OF BRAZIL

SHOW 12-22-25 THE SHOW BEGINS WITH DOUBTS ABOUT FUTURE NAVY. 1941 HICKAM FIELD 1. Restoring Naval Autonomy: Arguments for Separating the Navy from DoD. Tom Modly argues the Navy is an "underperforming asset" within the Defense Department's corporate structure, similar to how Fiat Chrysler successfully spun off Ferrari. He suggests the Navy needs independence to address critical shipbuilding deficits and better protect global commerce and vulnerable undersea cables from adversaries. 2. Future Fleets: Decentralizing Firepower to Counter Chinese Growth. Tom Modly warns that China's shipbuilding capacity vastly outpaces the US, requiring a shift toward distributed forces rather than expensive, concentrated platforms. He advocates for a reinvigorated, independent Department of the Navy to foster the creativity needed to address asymmetric threats like Houthi attacks on high-value assets. 3. British Weakness: The Failure to Challenge Beijing Over Jimmy Lai. Mark Simon predicts Prime Minister Starmer will fail to secure Jimmy Lai's release because the UK mistakenly views China as an economic savior. He notes the UK's diminished military and economic leverage leads to a submissive diplomatic stance, despite China'sdeclining ability to offer investment. 4. Enforcing Sanctions: Interdicting the Shadow Fleet to Squeeze China. Victoria Coates details the Trump administration's enforcement of a "Monroe Doctrine" corollary, using naval power to seize tankers carrying Venezuelan oil to China. This strategy exposes China's lack of maritime projection and energy vulnerability, as Beijingcannot legally contest the seizures of illicit shadow fleet vessels. 5. Symbolic Strikes: US and Jordan Target Resurgent ISIS in Syria. Following an attack on US personnel, the US and Jordan conducted airstrikes against ISIS strongholds, likely with Syrian regime consultation. Ahmed Sharawi questions the efficacy of striking desert warehouses when ISIS cells have moved into urban areas, suggesting the strikes were primarily symbolic domestic messaging. 6. Failure to Disarm: Hezbollah's Persistence and UNIFIL's Inefficacy. David Daoud reports that the Lebanesegovernment is failing to disarm Hezbollah south of the Litani River, merely evicting them from abandoned sites. He argues UNIFIL is an ineffective tripwire, as Hezbollah continues to rebuild infrastructure and receive funding right under international observers' noses. 7. Global Jihad: The Distinct Threats of the Brotherhood and ISIS. Edmund Fitton-Brown contrasts the Muslim Brotherhood's long-term infiltration of Western institutions with ISIS's violent, reckless approach. He warns that ISISremains viable, with recent facilitated attacks in Australia indicating a resurgence in capability beyond simple "inspired" violence. 8. The Forever War: Jihadist Patience vs. American Cycles. Bill Roggio argues the US has failed to defeat jihadist ideology or funding, allowing groups like Al-Qaeda to persist in Afghanistan and Africa. He warns that adversaries view American withdrawals as proof of untrustworthiness, exploiting the US tendency to fight short-term wars against enemies planning for decades. 9. The Professional: Von Steuben's Transformation of the Continental Army. Richard Bell introduces Baron von Steuben as a desperate, unemployed Prussian officer who professionalized the ragtag Continental Army at Valley Forge. Washington's hiring of foreign experts like Steuben demonstrated a strategic willingness to utilize global talent to ensure the revolution's survival. 10. Privateers and Prison Ships: The Unsung Cost of Maritime Independence. Richard Bell highlights the crucial role of privateers like William Russell, who raided British shipping when the Continental Navy was weak. Captured privateers faced horrific conditions in British "black hole" facilities like Mill Prison and the deadly prison ship Jersey in New York Harbor, where mortality rates reached 50%. 11. Caught in the Crossfire: Indigenous Struggles in the Revolutionary War. Molly Brant, a Mohawk leader, allied with the British to stop settler encroachment but became a refugee when the British failed to protect Indigenous lands. Post-war, white Americans constructed myths portraying themselves as blameless victims while ignoring their own Indigenous allies and British betrayals regarding land rights. 12. The Irish Dimension: Revolutionary Hopes and Brutal Repression. The Irish viewed the American Revolutionas a signal that the British Empire was vulnerable, sparking the failed 1798 Irish rebellion. While the British suppressed Irish independence brutally under Cornwallis, Irish immigrants and Scots-Irish settlers like Andrew Jackson fervently supported the Continental Army against the Crown. 13. Assessing Battlefield Realities: Russian Deceit and Ukrainian Counterattacks. John Hardie analyzes the "culture of deceit" within the Russian military, exemplified by false claims of capturing Kupyansk while Ukraine actually counterattacked. This systemic lying leads to overconfidence in Putin's strategy, though Ukraine also faces challenges with commanders hesitating to report lost positions to avoid forced counterattacks. 14. Shifts in Latin America: Brazilian Elections and Venezuelan Hope. Ernesto Araujo and Alejandro Peña Esclusapredict a 2026 battle between socialist accommodation and freedom-oriented transformation in Brazil, highlighted by Flavio Bolsonaro's candidacy against Lula. Meanwhile, Peña Esclusa anticipates Venezuela's liberation and a broader regional shift toward the right following leftist defeats in Ecuador, Argentina, and Chile. 15. Trump's Security Strategy: Homeland Defense Lacks Global Clarity. John Yoo praises the strategy's focus on homeland defense and the Western Hemisphere, reviving a corollary to the Monroe Doctrine. However, he criticizes the failure to explicitly name China as an adversary or define clear goals for defending allies in Asia and Europe against great power rivals. 16. Alienating Allies: The Strategic Cost of Attacking European Partners. John Yoo argues that imposing tariffs and attacking democratic European allies undermines the coalition needed to counter China and Russia. He asserts that democracies are the most reliable partners for protecting American security and values, making cooperation essential despite resource constraints and political disagreements.

* Mueren cinco al caer avión de la Marina en Texas* Culpan a Peña Nieto de consentir a la FIFA para traer el Mundial* Estados Unidos intercepta dos buques más con petróleo venezolano

In this episode Robin Fjellner & Dean Barker talk about pedagogical models in PE along with Dr. Lars Bjørke who is an associate professor at University of Inland Norway. They start by mentioning how they got to know models and then go into different aspects such as how models may be used and what models become relevant from a didaktik perspective.A truly Scandinavian analysis of models!

Mike Magliochetti, Operating Partner at Riverside Partners and former multi-time PE-backed CEO, explains how operating partners create real value by bridging deal teams and portfolio company leadership. Drawing from three decades as an operator and his book Dancing Between the Toes of Elephants, Mike shares how trust, pattern recognition, and execution discipline shape better outcomes across diligence, governance, and growth. He also addresses deal fever, founder dynamics, and why serving outcomes—not egos—matters most. This conversation offers a clear-eyed view of modern private equity value creation—worth every minute.Get Mike's Book at https://www.amazon.com/Dancing-Between-Toes-Elephants-Experience/dp/1964421136For more information on Riverside Partners, go to https://riversidepartners.com/For more information on Mike Magliochetti, https://www.linkedin.com/in/michael-magliochetti-9905371For more information on the podcast, visit bestbutneverfinal.buzzsprout.com and embark on your journey to private equity excellence today.Visit us on LinkedIn at https://www.linkedin.com/company/best-but-never-final-podcast/Visit us on Instagram at https://www.instagram.com/bestbutneverfinal/For information on HCI Equity Partners, go to https://www.hciequity.comFor information on ICV Partners, go to https://www.icvpartners.comFor information on BluWave, go to https://www.bluwave.net

Join senior editor Adam Le, Hong Kong Bureau Chief Alex Lynn and America's correspondent Hannah Zhang in our end of year Private Equity Spotlight episode looking back at the biggest trends in the PE market in 2025. From tariffs to trade wars, semi-liquid funds to the 401(k) opportunity and the resurgence of China, our editorial team dissects how LPs and GPs navigated various challenges and which developments are likely to spill over into 2026.

Send us a textWelcome back PE Nation!Today I revisit the PE practices many of us grew up with—public showers, shirts versus skins, elimination games, captains' picks—and show how small changes create safer, more inclusive classes. Stories from the 70s and 80s meet modern fixes that keep kids moving without shame.• why public showers and rigid swimming norms erode psychological safety• how pinnies replace shirts versus skins without fuss• designing re-entry rules so elimination games keep everyone active• small-sided games to increase touches and learning• equitable team formation without public ranking• reframing fitness testing toward growth, not humiliation• safer alternatives to risky legacy games• what to keep from tradition and what to retireLet's keep the good stuff and do away with the bad,Dave-Check out supersizedphysed.com for more resources, including free PDFs, articles, and courses to help with your PE program. Please leave a review to help grow this podcast and keep pushing our profession forward.-Article on Outside PE Checklist-Team Building Games Ebook (with preview): https://www.teacherspayteachers.com/Product/Team-Building-Games-and-Activities-for-PE-Class-14063095-Free resources include Substack and Medium articles with PE tips, games, and strategies-High Fives and Empowering Lives  book available as an ebook or paperback-Paperback or download: HERE-Amazon Ebook: HERESupport the showBecome a supporter of the show: https://www.buzzsprout.com/385837/support

Avanza construcción de la Universidad Rosario Castellanos en Tlaxcala Tome nota, cierran la autopista Peñón-Texcoco por volcadura de pipa Bélgica se suma a la demanda de Sudáfrica contra Israel 

Deze week hoor je in NRC Vandaag onze serie Wilde eeuwen, het begin. Een van de verhalende series die we dit jaar maakten: perfect voor tijdens de dagen rond Kerst.Het is 40.000 jaar geleden. De jonge Doi staat oog in oog met zijn verre familie, een groep dansende neanderthalers. Zullen ze hem accepteren? Heeft u vragen, suggesties of ideeën over onze journalistiek? Mail dan naar onze redactie via podcast@nrc.nl.Voor deze aflevering is onder meer gebruikt gemaakt van deze literatuur: Francesca Romagnoli e.a. (eds) ‘Updating Neanderthals. Understanding Behavioural Complexity in the Late Middle Palaeolithic', Academic Press 2022 Mateja Hajdinjak e.a ‘Initial Upper Palaeolithic humans in Europe had recent Neanderthal ancestry' in Nature 8 april 2021. Rebecca Wragg Sykes. ‘Kindred. Neanderthal Life, Love, Death and Art', Bloomsbury 2021 Rudolf Botha. ‘Neanderthal Language. Demystifying the Linguistic Powers of our Extinct Cousins', Cambridge University Press 2020 Katerina Harvati. ‘Paleoanthropology of the Balkans and Anatolia. Human Evolution and its Context', Springer Press 2016 Qiaomei Fu e.a. ‘An early modern human from Romania with a recent Neanderthal ancestor' in Nature, 13 augustus 2015.Wil Roebroeks en Paola Villa ‘Neandertal Demise: An Archaeological Analysis of the Modern Human Superiority Complex' in PLOS One, 30 april 2014.João Zilhão e.a. ‘The Peştera cu Oase People. Europe's Earliest Modern Humans' in K. Boyle e.d. (eds) Rethinking the Human Revolution, McDonald Institute for Archaeological Research, 2007.Tekst en presentatie: Hendrik SpieringRedactie en regie: Mirjam van ZuidamMuziek, montage en mixage: Rufus van BaardwijkBeeld: Jeen BertingVormgeving: Yannick MortierZie het privacybeleid op https://art19.com/privacy en de privacyverklaring van Californië op https://art19.com/privacy#do-not-sell-my-info.

I just wrapped a full day of calls with 75 MSP business owners about goal setting, and I heard all the mistakes I've made myself over 20+ years—from leading eight sales turnarounds to turning around a 40-year-old PE-backed company to its highest revenue ever. The most common mistakes? Inaccurate goals where the math doesn't map. Unrealistic goals that look good in December but are dead by March. Setting them too high so your team quietly thinks "that's never happening," or too low creating a complacent half-ass culture. Or worst of all—not setting goals at all. Here's why I'm passionate about this: the right goals manage for you, change behavior, and help people make decisions when you're not around. But bad goals make terrible people look good and great people look bad, which ruins your culture. This episode breaks down why I don't believe in "shoot for the moon, hit the stars"—that just means you're constantly missing and creating a losing culture. Learn why starting small and building a winning habit matters more than big aspirational numbers, why your goals need integrity (not pencil marks that change when you're behind), and how to rebuild momentum with bite-sized wins instead of resetting the whole target.//Welcome to Repeatable Revenue, hosted by strategic growth advisor , Ray J. Green.About Ray:→ Former Managing Director of National Small & Midsize Business at the U.S. Chamber of Commerce, where he doubled revenue per sale in fundraising, led the first increase in SMB membership, co-built a national Mid-Market sales channel, and more.→ Former CEO operator for several investor groups where he led turnarounds of recently acquired small businesses.→ Current founder of MSP Sales Partners, where we currently help IT companies scale sales: www.MSPSalesPartners.com→ Current Sales & Sales Management Expert in Residence at the world's largest IT business mastermind.→ Current Managing Partner of Repeatable Revenue Ventures, where we scale B2B companies we have equity in: www.RayJGreen.com//Follow Ray on:YouTube | LinkedIn | Facebook | Twitter | Instagram

Sondaże pokazują, że nastawienie Polaków wobec migrantów, w tym wobec najliczniejszej grupy - Ukraińców - w ostatnich latach wyraźnie się pogorszyło. Dlaczego? Co z tego wynika? Urszula Pieczek rozmawia z dr Oleną Babakovą, historyczką, dziennikarką, badaczką migracji w krajach Europy Środkowo-Wschodniej. Polecamy tekst Oleny Babakovej https://wyborcza.pl/7,75968,32488556,rzad-przygotowuje-dla-ubiegajacych-sie-o-obywatelstwo-sprawdzian.html#s=S.index-K.C-B.1-L.3.duzy Podcast powstał w ramach projektu Poznajmy naszą Europę współfinansowanego przez Unię Europejską w ramach dotacji Parlamentu Europejskiego w dziedzinie komunikacji. Materiały i wypowiedzi zawarte w podcaście przedstawiają poglądy autorów. PE nie odpowiada za ich treść. Więcej podcastów na: https://wyborcza.pl/podcast. Piszcie do nas w każdej sprawie na: listy@wyborcza.pl.

In this episode, host Alex Rawlings speaks with Eric Wiklendt, Managing Director at SpeySide Equity, a private equity firm focused on lower middle-market manufacturing businesses.Eric shares his “fix and build” value creation strategy, the key elements of successful human capital alignment, and why cost accounting is the hidden killer in many portfolio companies. With deep operational experience, Eric offers a grounded perspective on how to avoid overcomplicating PE value creation.

Send us a text if you want to be on the Podcast & explain why!Say hello to Tilo at coach.tiloWhat if your most valuable product isn't another hour-long session, but a community that people can't wait to join? Today we sit down with a former PE teacher who turned a neighbor's question into a thriving training business, then pushed beyond the ceiling of in-person hours to build scalable income without sacrificing family time. From the first $90 session to confidently charging premium rates in an affluent market, we get into the real math: exact client counts, monthly revenue targets, and the systems that make sessions repeatable, effective, and worth every dollar.We dig into pricing strategy the way clients actually experience it—clear value, annual increases, retainers that stabilize cash flow, and the honest post-mortem when someone says no. We challenge the myth of overnight online riches and offer a grounded path: LinkedIn for lead gen, Trainerize for delivery, and coaching that sells outcomes, not app access. The heart of the episode is the Parlay Club, a clever blend of step goals, workouts, and point-doubling sports picks that turns accountability into a game. It's sticky, social, and scalable—especially once it moves to a searchable Facebook group, adds tiers, rewards referrals, and features guest experts to deepen engagement.Parent-trainers will feel seen. We talk about seasons of ambition, designing a perfect week before you sell it, and using the 11–2 midday window to build leverage instead of filling it with low-yield sessions. For coaches working with youth athletes, we map a route to clinics, partnerships, and grant-funded programs, and explain how a credential like the CSCS opens doors with athletic directors. The throughline is focus: avoid the octopus problem of too many projects and choose one lane to push hard for a defined period, supported by precise KPIs and a community that keeps you honest.If you're ready to raise your rates, protect your time, and build something that grows while you're with your kids, this conversation hands you a playbook you can start using today. Subscribe, share this with a trainer who needs it, and leave a review with your biggest goal for the next 90 days—we'll shout out our favorites on the show.Want to become a SUCCESSFUL personal trainer? SUF-CPT is the FASTEST growing personal training certification in the world! Want to ask us a question? Email info@showupfitness.com with the subject line PODCAST QUESTION to get your question answered live on the show! Website: https://www.showupfitness.com/Become a Successful Personal Trainer Book Vol. 2 (Amazon): https://a.co/d/1aoRnqANASM / ACE / ISSA study guide: https://www.showupfitness.com

Andy Cohen, Vice President of Corporate Development at F5 Andy has built a career that proves M&A is fundamentally about relationships, not just transactions. With 30 years of experience and 60 deals closed across high-growth tech companies including Citrix, Acquia, and F5, Andy has cultivated the kind of reputation where every CEO he's worked with will take his call tomorrow. In this conversation, he reveals why zero-sum thinking kills deals, how to convince people to sell without convincing them to sell, and why walking away on principle matters more than closing at any cost.  Things you will learn:  Why reputation is your most valuable M&A asset The shift from zero-sum to win-enough thinking Learn Andy's approach to using due diligence as the foundation for integration strategy, cultural fit assessment, and long-term value creation.  _____________

Want a quick estimate of how much your business is worth? With our free valuation calculator, answer a few questions about your business, and you'll get an immediate estimate of the value of your business. You might be surprised by how much you can get for it: https://flippa.com/exit -- Are you running your business, or is it running you? In this episode, we sit down with Alexis Sikorsky, co-founder of Nightscale, who reveals the brutal truth about the "Grind" and the specific strategies he used to exit his banking software company for a massive multiple. If you are a founder stuck at the $5M–$10M revenue plateau, this episode is a masterclass in cashing out. Alexis breaks down the "$50 Million Mistake", a calculation of the money and time he lost by not knowing the secrets of Private Equity earlier, and how you can avoid it. What You'll Learn: The "Fish and Chip" Trap: How Private Equity firms lure founders with high valuations only to chip away at the price during due diligence—and how to stop them. Nominal EBITDA vs. EBITDA: The financial metric that matters more than your bottom line. Learn how "dressing the bride" and identifying add-backs can instantly increase your valuation. The Magic Number: Why a $40M valuation is the specific target for a lifestyle where you never have to touch your capital again. The Due Diligence Reverse Card: How to investigate a PE firm by calling the founders they don't want you to talk to. Escaping the Operator Trap: Why you need to fire yourself from day-to-day operations to make your company sellable. -- Alexis Sikorsky is a seasoned entrepreneur, strategic advisor, and #1 international best-selling author who helps founders and SMEs scale with confidence, make smarter strategic decisions, and prepare for long-term growth and successful exits. Over his career, he has founded, scaled, and led multiple companies, including building and selling a software business to private equity in a nine-figure transaction. He is the founder of Sikorsky Consulting Ltd. and a co-founder of KnightScale Partners, where he works closely with founders as a true operator partner, providing experienced, founder-to-founder guidance on scaling, leadership, and value creation. Holding an EMBA from Oxford University, Alexis blends real-world entrepreneurial experience with strategic insight to help business owners future-proof their companies and navigate critical inflection points. Website - https://www.knightscalepartners.com/ LinkedIn - https://www.linkedin.com/in/alexis-sikorsky-consulting/ -- Time Stamps: (01:11) Surviving the 2008 crash: Losing 75% of revenue overnight. (03:46) The "Unbelievable" Offer: Selling for 11x EBITDA based on a future plan. (06:00) Calculating the $50 Million / 5-Year Mistake. (08:59) When is the right time to sell? (The mathematics of the exit). (14:00) Red Flags: Detecting the "Fish and Chip" strategy. (20:30) How to boost valuation using Nominal EBITDA and non-recurring costs. (27:30) Why you should do M&A earlier than you think. -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You'll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Five-time CFO Rick Smith has led finance at companies including inVentiv Health Communications, Exos, Parchment, Solera Health before founding Bonfire advisory. He is also the author o fDemystifying the Role of the CFO in Venture and Growth Stage Companies, a no-nonsense approach to the topic. Reviews for the book include: “This book is a must-read if you want to understand how to scale a company as a CFO” and “Should be required reading for CEOs and PE people along with CFOs.” In this episode Smith provides his take on being a CFO and his long background in FP&A, providing insights on: The path from FP&A to CFO (without a CPA) Why I like being CFO at SMBs (sub $50m) Being a dreamer, artist and buildingFP&A  Audits vs QOEs  The unspoken challenges working with PE firms FP&A and M&A – what you need to know  Link to the book: Demystifying the Role of the CFO in Venture and Growth Stage Companies

Peña Guara cumplirá con la tradición de visitar el Belén montañero. El día de Navidad cientos de personas ascienden a las Gorgas de san Julián para admirar el Belén, celebrar una misa, y reencontrarse con amigos con los que no se ven más que de año en año en este encuentro. Así lo explica Manolo Bara, presidente de Peña Guara.

Message from Ps. Alvin dela Peña

Send us a text if you want to be on the Podcast & explain why!Ever feel the ground shift under a job you once loved? We sit down with a K–12 principal who built his identity around coaching kids, weathered the Paradise fire, and still found his purpose dissolving under politics, ego, and endless pushback. What follows is a candid look at walking away from a steady six-figure paycheck to pursue fitness, craft, and a life that feels honest again.We trace the throughline from early days lifting in Chico to leading schools where every decision meets resistance, and then to the spark of a new path: training, education reform from the outside, and programs that make movement central to learning. We talk openly about comfort as a trap, the fear of starting at zero, and the mindset shift that turns practice into momentum. If you're wrestling with a pivot, you'll hear a practical playbook: shadow great coaches, study daily, build a routine that stacks mobility, lifting, and focused learning, and have one meaningful industry conversation every day. It's career capital by design, not hope.There's a strong case for bridging education and fitness. PE gets sidelined, yet aerobic work boosts BDNF, sharpens attention, and primes the brain for class. With the right partnerships, schools can implement zero-period training, teacher wellness, and skill-based PE that kids actually believe in. This isn't about quick wins; it's about craft, clarity, and owning your trajectory. If you're choosing between safe and alive, this conversation will nudge you toward the path that compounds.If this resonates, follow the show, share it with someone stuck in a comfort loop, and leave a review with the bold move you're planning next. Keep showing up.Want to become a SUCCESSFUL personal trainer? SUF-CPT is the FASTEST growing personal training certification in the world! Want to ask us a question? Email info@showupfitness.com with the subject line PODCAST QUESTION to get your question answered live on the show! Website: https://www.showupfitness.com/Become a Successful Personal Trainer Book Vol. 2 (Amazon): https://a.co/d/1aoRnqANASM / ACE / ISSA study guide: https://www.showupfitness.com

This episode is a compilation of answers to YOUR questions that were asked directly from my listeners who attend my weekly business education YouTube live webcast. Topics covered include: How will AI change how we work, What inspires you in life and why, How to find and contact people for informational meetings and more. Refer to chapter marks for a complete list of topics covered and to jump to a specific section. Download my free "Networking eBook": www.harouneducation.comAttend my weekly YouTube Live every Thursday's 8am-11am PT. Subscribe to my YouTube Channel to receive notifications. Learn more about my MBA Degree ProgramConnect with me: YouTube: ChrisHarounVenturesCompleteBusinessEducationInstagram @chrisharounLinkedIn: Chris HarounTwitter: @chris_harounFacebook: Haroun Education Ventures  TikTok: @chrisharoun300How to forecast a P/E ratio

Topics:How Sponsors Communicate EfficientlyWhat Investors Look For in First CallsLower Middle Market Buy-and-Build Strategies...and so much more.Top TakeawaysMatch your capital partners to your stage of maturity. Grant notes that choosing the right capital partner upfront prevents misalignment and speeds your path forward. For example, early sponsors gain the most by co-sponsoring with seasoned PE funds to learn what “good” looks like. Sponsors aiming to raise a future fund need co-investors who protect attribution and let them build a clean track record. Lead with the value you'll create, not the deal you found. Grant sees it all the time: independent sponsors spend 45 minutes on deal mechanics and leave only a few minutes on the plan that actually drives returns. It's backwards. Investors care far more about the growth thesis, the value levers, the M&A roadmap, and why you are the right person to execute it. VOC + Market Mapping is the new standard for top sponsors. Grant expects more sponsors to invest in structured market studies, especially voice of customer to validate why the company wins, and market mapping to define the actual M&A universe. Most sponsors talk about add-ons, but few can prove how many targets exist, which ones fit, or whether sellers transact. Investors back the sponsors who can quantify this, not just claim it.About Grant Kornman Grant Kornman is a former independent sponsor with more than a decade of experience buying and growing lower-middle-market companies. He co-founded NCK Capital and built a track record across multiple sectors through disciplined investing and operator-level execution. As a Partner at Align Collaborate, Grant brings a sponsor-first approach to equity shaped by a deep understanding of what independent sponsors need to execute and create value.About Align CollaborateAlign Collaborate is an equity partner purpose-built for independent sponsors. Launched by Align Capital Partners in partnership with Grant and Michael Kornman, the firm provides fast, flexible equity for lower middle-market buyouts. Their model is designed around the realities of the IS ecosystem: clean attribution, quick decisions, tailored structures, and the option to leverage ACP's operational resources.

În multe organizații, echipele apar în organigrame ca forme geometrice ordonate: pătrate, linii, săgeți. Pe hârtie, rolurile sunt clare, procesele sunt definite, iar oamenii par a face parte din același mecanism. În realitate, însă, viața unei echipe nu seamănă deloc cu cele câteva rânduri dintr-un document intern. În spatele unui rezultat bun – sau al unei perioade grele – se află interacțiuni, tensiuni, obiceiuri, aliniere, mici gesturi zilnice care fie susțin munca, fie o pot încurca fără ca cineva să-și dea seama.Simona Caranda a construit o carieră tocmai la intersecția dintre aceste două lumi: lumea planurilor și lumea oamenilor. Este Managing Partner la Indive, trainer și consultant, cu o experiență solidă în lucrul cu echipe, în special echipe de management. Lucrează cu lideri care vor să înțeleagă cum funcționează grupul dincolo de aparențe, ce dinamici îl susțin și ce structură îl poate duce mai departe. În munca ei combină pregătirea de psihoterapeut cu instrumente validate academic, iar asta o ajută să vadă atât partea tehnică, cât și partea umană a unei echipe.Programul Marțea Mastercard, care se desfășoară în perioada asta și oferă posibilitatea de a primi cashback atunci când plătiți online într-o zi de marți – funcționează simplu: dacă folosiți un card Mastercard și îl înscrieți pe priceless.com/marti, primiți 10% cashback la prima plată online din campanie.Principalele lucruri discutate:00:00 Intro02:39 Podcast04:52 De ce echipele nu sunt doar grupuri de oameni05:47 Echipa ca sistem, nu ca sumă de indivizi08:14 Ce este modelul 6 Team Conditions09:05 Structura modelează comportamentele11:05 Cele 6 condiții ale echipelor care funcționează12:09 De ce scopul echipei este adesea confuz13:33 Cum arată rezultatele unei echipe sănătoase13:50 Problema nu e la oameni, ci la sistem17:49 Ce condiție lipsește cel mai des în echipe19:22 Exemplul scopului care blochează performanța22:36 Normele echipei și eficiența reală23:35 Ce se schimbă când structura devine clară26:12 Primul pas realist pentru un manager27:51 O intervenție simplă cu efect29:15 Întrebarea care poate schimba o echipă

Private equity is reshaping auto PI, driving case costs up and crowding every channel with firms spending millions each month. Jon Walner has lived through TV's rise, a full rebrand from his father's household-name firm, and now a market where acquiring a case costs more than ever. In this episode, he breaks down what he's seeing today — the PE squeeze, the real math behind auto, rebuilding intake to stay fast and calm, and why adding comp, probate, and matrimonial can create steadier cash flow when PI margins tighten. You'll learn: How private equity is changing auto PI economics, and why it's costing more to get these cases even as volume looks strong. Rebranding from a household-name TV firm to Walner Law: new name, number, colors, 100+ billboards, and the real risk of starting over. Building a low-stress intake floor that protects focus, speeds up sign-ups, and turns more calls into contracts. Expanding into comp, probate, and matrimonial to monetize existing demand and stabilize cash flow. If you like what you hear, hit subscribe. We do this every week. Get Social! Personal Injury Mastermind (PIM) powered by Rankings.io is on Instagram | YouTube | TikTok

On today's episode of The Therapy Crouch, it's an Ask Me Anything classic as Abbey and Peter dive headfirst into your pre-Christmas dilemmas — from hilariously petty neighbour disputes to relationship double standards and DIY disasters that spiral completely out of control.A listener reveals their unwavering refusal to lose a silent bin war, while Abbey questions whether passive aggression might actually be a personality trait. The duo also tackle a plumbing nightmare caused by YouTube-fuelled confidence, debate feminism and dating preferences in a refreshingly honest Agony Abs, and respond to a powerful message about managing health anxiety with practical tools that genuinely help.There's plenty of laughter, a few brutal truths, and some unexpectedly heartfelt moments as the pair reflect on parenting worries, mental health, and why sometimes knowing your limits is the real win. Plus, a festive teaser hints at what's coming for the Therapy Crouch Christmas special.If you want to submit an Agony Ab to the podcast — hit the link below.00:44 - Welcome to the AMA chaos01:01 - Pe-ter vs Peter vs Pedro03:19 - Generations, labels and feeling ancient05:28 - The Portugal bonk-beat music disaster06:53 - The silent neighbour bin war09:25 - Premier League mentality… over bins12:09 - DIY confidence ends in plumbing disaster14:32 - Inflating balls18:12 - Feminism bush and double standards22:00 - “Happy Christmas, you filthy animal” moment23:03 - Listener advice on health anxiety24:46 - How worry patterns really work26:36 - Christmas special plans teased27:43 - Final sign-off chaosFind great deals on the things you love https://www.ebay.co.uk/ Email: thetherapycrouch@gmail.com Instagram: https://www.instagram.com/thetherapycrouchpodcastTikTok: https://www.tiktok.com/@thetherapycrouch Website: https://thetherapycrouch.com/ For more from Peterhttps://twitter.com/petercrouchFor more from Abbeyhttps://www.instagram.com/abbeyclancyOur clips channelhttps://www.youtube.com/channel/UCZntcv96YhN8IvMAKsz4Dbg#TheTherapyCrouch #AbbeyAndPete #RelationshipAdvice #Podcast Hosted on Acast. See acast.com/privacy for more information.

The smart money is capitalizing on the strong M&A market and valuations to exit investments. In this month's Tech M&A Monthly webcast, we'll explore five key reasons why VC and PE funds are heading for the exits—and what it means for your business. Are you watching what the smart money is doing? You should.  What else will be covered? Special report: Understanding Working Capital Current Tech M&A market trends Valuations across all 6 tech sectors November megadeal report Learn why Tech CEOs and Founders should be watching the PE and VC exit trends. --------------------------------------------------------------- Corum's Tech M&A Monthly is a regular podcast series for software company owners, executives and CEOs. Each month, Corum Group, the world's leading M&A firm for software and related technology companies, examines the world of Tech M&A. In addition, Tech M&A Monthly includes special reports on buyers, markets and the M&A process itself. This thirty-minute podcast is a must for owners and CEOs considering Tech M&A, whether now or in the future.

For years, Matt Rooney did what a lot of capable recruiters do. He stayed busy. Took the work that came in. Said yes more often than he should have. Inside private equity, that turned him into what he later called a "utility recruiter". Useful, but reactive. Some years were strong. Others weren't. And it never quite felt like a real partnership with clients. Two decisions changed the direction of his business. Matt narrowed his focus to one role inside private equity: business development and deal origination. Then he made the shift from contingent to retained. Today, Matt is the founder of Coastal Partners. He's gone from closing 3–4 retained searches in his first year as a specialist to being on track for 10 retained searches this year, with the majority of his work now retained. In this episode of The Resilient Recruiter, Matt breaks down what actually made that transition possible. Not theory. Not scripts. Real decisions, real resistance, and what changed once clients started committing up front. This conversation is especially relevant if you run a recruitment agency, lead a small firm, or feel stuck in feast-or-famine despite working hard. What you'll learn: Why being a "utility recruiter" keeps agencies reactive What changed when Matt stopped taking every job How he handled the "no retained experience" objection Why specialisation built confidence and credibility fast How original market data helped him become a trusted partner Why predictability mattered more than volume Episode timestamps: [00:33] Why does contingent feel reactive [03:02] How Matt fell into recruitment [07:11] Feeling stuck as a utility recruiter [12:44] Resisting the idea of niching down [15:18] Why specialisation changed client relationships [19:03] Making the move to retained [20:39] First retained searches and predictability [27:40] Mapping the market and building authority [34:16] Publishing hiring reports and compensation data [35:25] Launching the Deal Sourcery podcast [50:31] Hosting a live panel at a PE conference [55:56] Why Matt would specialise sooner Guest bio: Matt Rooney is the founder of Coastal Partners and specialises exclusively in business development and deal origination roles within private equity. After nearly a decade recruiting across PE functions, Matt made the decision to focus on one specialty. In his first year as a retained specialist, he closed 3-4 retained searches. This year, he's on track to close 10, with the majority of his business now retained. Matt has become a recognised authority in his niche through original market research, publishing quarterly BD hiring reports and an annual compensation survey. He co-hosts the Deal Sourcery podcast with Dan Her—the only podcast dedicated specifically to business development professionals in private equity. Connect with Matt: LinkedIn: Matt Rooney Coastal Partners: website Deal Sourcery Podcast: website About The Resilient Recruiter: The Resilient Recruiter is a weekly podcast for recruitment agency owners and search firm leaders building sustainable, profitable businesses. Host Mark Whitby interviews industry leaders who share the strategies, systems, and mindsets behind their success—including the mistakes they made along the way. Learn from their experience to avoid the pitfalls and accelerate your results.. Since 2001, Mark has coached over 800 recruitment business owners across 34 countries. The podcast brings you the same frameworks and insights Mark teaches in his coaching programs—free every week. Connect with Mark: Free strategy session: recruitmentcoach.com/strategy-session LinkedIn: Mark Whitby Instagram: @RecruitmentCoach Subscribe to The Resilient Recruiter for weekly conversations with recruitment leaders who are building businesses that give them freedom, profit, and lasting impact. If you want to future-proof your recruitment business without burning out, this episode is a must-listen.

#MentorshipPodcast #FinanceCareer #ConsultingJourney #BCG #Vision2030 #CareerGrowth #InternationalBusiness #leadershiplessons Claudio shares his incredible global journey — from starting in European finance and insurance, to working on Vision 2030 transformation projects in Saudi Arabia, and later joining BCG in management consulting. His story is a masterclass in adaptability, mentorship, and lifelong learning across borders.

Instacart is testing different prices for different people... It's Personalized Pricing.University of Utah athletics just sold to PE for $500M… Wall Street is now the Quarterback.Australia banned social media for kids under 16… Instagram & cigarettes.In-N-Out burger won't say the number “67” anymore (and it's not the only one).$CART $META $SPYBuy tickets to The IPO Tour (our In-Person Offering) TODAYAustin, TX (2/25): https://tickets.austintheatre.org/13274/13275 Arlington, VA (3/11): https://www.arlingtondrafthouse.com/shows/341317 New York, NY (4/8): https://www.ticketmaster.com/event/0000637AE43ED0C2Los Angeles, CA (6/3): https://www.squadup.com/events/the-best-one-yet-liveGet your TBOY Yeti Doll gift here: https://tboypod.com/shop/product/economic-support-yeti-doll NEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.