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9 episodes with present value
4 episodes with present value
2 episodes with present value
2 episodes with present value
3 episodes with present value
3 episodes with present value
3 episodes with present value
6 episodes with present value
2 episodes with present value
If you know you are going to inherit a massive amount in the coming years, would it change your priorities? Your financial behavior? Look, in the world of finance, it's routine to calculate the expected future values of current investments. But when it comes to your personal situation, how much present value do you think you should count on when calculating future value? Join Kevin as we take a fun look at believers' fascinating reality from the Bible: the present value of all things! // Download this episode's Application & Action questions and PDF transcript at whitestone.org.
Brent Gunning and Daniele Franceschi discuss recent reports on Vlad Guerrero Jr.'s contract talks with the Blue Jays, revealing his $500M ask. They analyze whether this demand is reasonable, its implications for his future in Toronto, and if he's worth that value. The duo also briefly addresses Tiger Woods' injury and potential career implications. Later, they welcome Sportsnet's Sam Cosentino (30:40) to discuss the NHL, focusing on Canadian teams like the Senators and Canucks, and the playoffs' significance in those markets. They also debate the Bruins' resilience.The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the position of Rogers Sports & Media or any affiliate.
In this episode of 'Retire with Style', hosts Alex Murguia and Wade Pfau discuss the importance of understanding the funded ratio in retirement planning. They explore how the funded ratio compares to Monte Carlo simulations, the significance of present value in assessing retirement income, and the implications of conservative return assumptions. The conversation emphasizes the need for a solid financial plan and the upcoming retirement income challenge designed to help participants create their financial strategies. They also discuss the differences between funded ratios and Monte Carlo simulations in retirement planning. They emphasize the simplicity and intuitiveness of funded ratios, which allow individuals to easily understand their financial status. The discussion also covers the importance of variable spending strategies, the complexities of tax calculations, and how to analyze essential versus discretionary expenses. They address listener questions about Roth conversions and the challenges of retirement planning, advocating for a shift towards funded ratios as a more reliable tool for assessing retirement readiness. Listen now to learn more! Takeaways The funded ratio helps assess if you have enough assets to cover retirement liabilities. Monte Carlo simulations and funded ratios approach retirement planning from different angles. Present value calculations are crucial for understanding future income streams. The funded ratio is a powerful tool used by pension funds and can be applied to individual retirement planning. The funded ratio can provide a clearer picture of retirement funding status than Monte Carlo simulations. Future earnings can be included in the funded ratio assessment. The choice of discount rate can significantly impact the funded ratio outcome. It's important to know the difference between current value and present value in retirement planning. The funded ratio is a more intuitive approach than Monte Carlo simulations. Variable spending strategies can be effectively modeled with Monte Carlo. Understanding essential vs. discretionary expenses is crucial for retirement planning. Roth conversions can be beneficial even when working, but require careful consideration. The financial planning profession has largely favored Monte Carlo methods. Chapters 00:00 Introduction and Upcoming Events 02:58 Understanding the Funded Ratio 10:30 Present Value and Retirement Planning 12:23 Conservative Return Assumptions 17:48 Monte Carlo vs. Funded Ratio 20:34 Understanding Funded Ratios vs. Monte Carlo Simulations 25:22 The Role of Monte Carlo in Variable Spending Strategies 27:49 Gathering Information for Funded Ratio Calculations 30:11 Analyzing Funded Ratios for Essential vs. Discretionary Expenses 33:53 The Shift from Monte Carlo to Funded Ratios 39:54 Listener Questions: Roth Conversions and Retirement Planning Links Register to attend Retirement Researcher's FREE 4-Day Retirement Income Challenge on March 10-13th from 12:00 – 2:00 PM ET each day: https://risaprofile.com/podcast The Retirement Planning Guidebook: 2nd Edition has just been updated for 2025! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/ This episode is sponsored by Retirement Researcher https://retirementresearcher.com/. Download their free eBook, 8 Tips to Becoming A Retirement Income Investor at retirementresearcher.com/8tips
In this episode of the Celebrate Kids podcast, host Wayne Stender discusses the vital role children play in today's society with Dr. Kathy, arguing against the notion that they are merely the church's future. He reflects on a meaningful conversation with his son about the purpose of kids in a family and within culture. This leads to deeper questions about how society perceives children—whether they are seen as participants in cultural building or simply as a legacy for the future. Dr. Kathy explores these themes further, drawing insights from philosopher Anastasia Berg's work, "What Are Children For?" This episode encourages parents and caregivers to wrestle with the significance of children's roles in the present and the challenges that accompany these perspectives. Tune in for a thought-provoking conversation that aims to reshape how we view and nurture the children in our lives.
In this episode, we speak with Dr. David Noe, the translator, and Dr. Chad Van Dixhoorn, the editor behind the newly released English edition of John Arrowsmith's remarkable work, Plans for Holy War: How the Spiritual Soldier Fights, Conquers, and Triumphs. Originally published in 1657 as Tactica Sacra, this treatise considers the intricacies of spiritual warfare, offering timeless insights and practical guidance for Christians engaged in the spiritual battle. John Arrowsmith was a notable seventeenth-century theologian and member of the Westminster Assembly. Born in 1602 in Gateshead, Durham county, Arrowsmith was a dedicated scholar who served as a fellow at St. Catherine's College and later as master of St. John's College, Cambridge. His significant involvement in the Westminster Assembly and his writings have left a lasting impact on Reformed theology. Join us as Drs. Noe and Van Dixhoorn share their journey in bringing this classic work to modern readers, revealing the challenges and triumphs they encountered along the way. With a deep appreciation for Arrowsmith's theological and scholarly contributions, they offer listeners a unique perspective on why Plans for Holy War remains a vital resource today. Dr. David Noe serves as pastor of Reformation Orthodox Presbyterian Church in Grand Rapids, Michigan. He is a distinguished translator and scholar with a deep expertise in classical languages and Reformed theology. Dr. Noe is also the Latin editor for the Confessional Presbyterian Journal, and his online pedagogy for Latin, Greek, and Classics generally can be found at LatinPerDiem.com, MossMethod.com, and AdNavseam.com. Dr. Chad Van Dixhoorn (PhD, Cambridge) is Professor of Church History and Theology at Reformed Theological Seminary in Charlotte, NC and an OPC minister. He is the author of Confessing the Faith and God's Ambassadors and editor of The Minutes and Papers of the Westminster Assembly (1643–1652). Chapters 00:07 Introduction 05:36 Biography of John Arrowsmith 11:02 Dr. Noe's Introduction to Arrowsmith 14:47 Arrowsmith's Health 17:41 Arrowsmith's Latin 21:57 Arrowsmith's Involvement at the Westminster Assembly 26:51 The Portions of This Volume 29:25 Speeches against Weigelianism 33:44 Arrowsmith's Work on Spiritual Warfare 40:28 The Pastoral-Scholastic Style 44:03 The Present Value of Reading This Book 55:08 Future Projects 57:38 Conclusion
In this episode of World Oil Deep Dive, Erik Block of Extract Production unveils how their artificial lift solutions, including the revolutionary XSIZE software and the game-changing Integrated Gas Processor (IGP), are reshaping production strategies in the oil sector. Listeners will gain insights into the economic and operational benefits of advanced drilling techniques, the significance of Extract Production's acquisition by NOV for global reach, and a peek into the future of oil extraction technologies.
Present Value and Future Value Business Finance, FIL 240-002, Spring 2024, Lecture 8 Type: mp3 audio file ©2024
Present Value and Future Value Business Finance, FIL 240-001, Spring 2024, Lecture 8 Type: mp3 audio file ©2024
1 John 4:7-12 7 Beloved, let us love one another, for love is from God, and whoever loves has been born of God and knows God. 8 Anyone who does not love does not know God, because God is love. 9 In this the love of God was made manifest among us, that God sent his only Son into the world, so that we might live through him. 10 In this is love, not that we have loved God but that he loved us and sent his Son to be the propitiation for our sins. 11 Beloved, if God so loved us, we also ought to love one another. 12 No one has ever seen God; if we love one another, God abides in us and his love is perfected in us.
At a certain point we must admit the present we need most may not be the one we want most, because it might hurt most! From December 10, 2023
This episode covers a cousin of the Accretion/dilution analysis: present value of future stock price (which you might sometimes see abbreviated as PV of FSP). This PV analysis of a company's future stock price can be helpful if a public company is determining whether to make an acquisition or investment that is dilutive in year 1 but might lead to higher earnings and/or earnings per share in the future.
☝️ Click above ☝️ to follow the show, it is pretty much the only thing that keeps the show visible and it makes me very happy.Paydown curves are one of my favourite things. Get a few glasses of wine in me and the right audience at an industry event, and I'll happily chat about them long into the night. The thing is, they can create the impression that there's only one route to Present Value = 0 And that really doesn't need to be the case. After all, everything else in life fluctuates, so why can't your loan balance follow a more fluid path downward? That's not the most elegant way of describing Custom Credit's philosophy, but it's not that far off. Custom Credit was set up with three mission statements in mind: (1) to become the most customercentric fintech in the UK; (2) to ensure our colleagues better reflect our customers; and (3) to improve financial literacy, both in terms of our customers and the broader community.Join us as we chat about spending time to understand customer needs, staffing to reflect customer needs, and, ah, designing products that react to customer needs.Custom Credit is at https://www.customcredit.co.uk/Custom Credit are also on Linked in at - https://www.linkedin.com/company/custom-credit/ - and as Damien said, you can find him on LinkedIn, too (just tell him the podcast sent you)You can learn more about myself, Brendan le Grange, on my LinkedIn page (feel free to connect), my action-adventure novels are on Amazon, some versions even for free, and my work with ConfirmU and our gamified psychometric scores is at https://confirmu.com/ and on episode 24 of this very show https://www.howtolendmoneytostrangers.show/episodes/episode-24If you have any feedback, questions, or if you would like to participate in the show, please feel free to reach out to me via the contact page on this site.Regards, Brendan Hosted on Acast. See acast.com/privacy for more information.
كلام ينوّر أول بودكاست عربي مبسط عن الحياة المالية ، في اللينك ده هتلاقوا كل الروابط الخاصة بكلام ينور تقدروا تتواصلوا معانا وتسمعونا من خلالها linktr.ee/Kalamyenawar زوروا موقعنا الإكتروني هتلاقوا الحلقة مكتوبة بالكامل وهتلاقوا ترجمة لبعض الكلمات والمصطلحات اللي اتقالت في الحلقة 78: episode-78 بنتكلم النهاردة عن قطاع العقارات ، ولأن شرا عقار من القرارات المهمه والكبيرة وفي ظل وجود مشاريع عقارية كتيره جداً ابتدت تظهر في السوق بتطرح خطط دفع طويلة بتوصل لـ 15 سنة.. ازاي نقدر نقارن بين وحدتين عقاريتين أو أكتر بخطط دفع مختلفة؟ القيمة الحالية للتدفقات النقدية : Present Value.xlsx 01:27 طريقة جديدة للمقارنة بين وحدتين عقاريتين 01:45 هل اشتري العقار كاش ولا تقسيط؟ 02:40 القيمة الحالية للتدفقات النقدية 05:57 ليه نحسب "السنة صفر"؟ 07:29 هل الوحدة متشطبة ولا لأ؟ 08:27 معادلة القيمة الحالية 09:06 يعني إيه تكلفة الفرصة البديلة؟ 10:22 هل معادلة القيمة الحالية بتطبق على السنة صفر؟ 12:55 الفايدة والعائد الخالي من المخاطرة 15:34 ليه اشتري بخطة تقسيط لو ممكن أشتريها كاش؟ 16:49 معلومات استخدام الإكسيل شيت 18:12 قوة مفهوم القيمة الحالية في إتخاذ القرارات في المستقبل احنا النهاردة بنقارن بين الوحدات مالياً فقط ، اما المقارنة من حيث جودة الوحدة والمشروع والموقع وحاجات تانية كتير ممكن نتكلم عليها في حلقة تانية إن شاء الله تابعوا حلقتنا واكتبولنا آرائكم بعد سماع الحلقة إدعمنا على patreon/Kalamyenawar تابعوا شمس على OmarShams@Linkedin OmarShams@clubhouse تنويه هام: جميع الآراء التي تم التعبير عنها من قبل شمس وضيوف البودكاست هي آراؤهم الشخصية ولا تعكس رأي أي كيان ينتمون إليه. هذا البودكاست مخصص لأغراض تعليمية فقط ولا ينبغي الاعتماد عليه في القرارات الاستثمارية. أي اعتماد على المعلومات المقدمة يتم على مسؤوليتك الخاصة #كلام_ينوّر#بودكاست #بودكاست_عربي #بودكاست بالعربي #القيمة_الحالية
Personal Finance Core Concepts 1069 Present Value Annuity Months as Period
Personal Finance Core Concepts 1045 Present Value
Personal Finance Core Concepts 1050 Present Value Months as Period
Personal Finance Core Concepts 1065 Future Value vs Present Value
Personal Finance Core Concepts 1067 Present Value Annuity
Personal Finance Core Concepts 1075 Present Value Cash Flow Examples
Personal Finance Core Concepts 1079 Present Value Terms Used In Capital Budgeting
(This is a hypothetical example provided for illustrative purposes only; it does not represent a real life scenario, and should not be construed as advice designed to meet the particular needs of an individual's situation. Cannot guarantee the accuracy or completeness of the software used to display results or the outputs. Please remember that converting an employer plan account to a Roth IRA is a taxable event. Be sure to consult with a qualified tax advisor before making any decisions regarding your IRA.) Nate illustrates why the concern over having less money in your account to compound due to taxes paid on a Roth IRA conversion is the wrong way to think about it. Key takeaways: Converting to a ROTH Taxes on distributions Tax Brackets in retirement IRS Present value of money Click here to see the source for today's episode!
Individuals and businesses make financial decisions all the time – whether to go to university, buy a house, build a factory, or train one's workforce. All these decisions involve spending certain money now for uncertain benefits in the future. This lecture will provide a simple framework for deciding whether or not to take an investment. It will also highlight the mistakes that people frequently make when taking financial decisions, and simple ways to avoid them.A lecture by Alex EdmansThe transcript and downloadable versions of the lecture are available from the Gresham College website:https://www.gresham.ac.uk/lectures-and-events/financial-decisionsGresham College has been giving free public lectures since 1597. This tradition continues today with all of our five or so public lectures a week being made available for free download from our website. There are currently over 2,000 lectures free to access or download from the website.Website: http://www.gresham.ac.ukTwitter: http://twitter.com/GreshamCollegeFacebook: https://www.facebook.com/greshamcollegeInstagram: http://www.instagram.com/greshamcollege
Net Present Value (NPV) is a topic of the Commercial Real Estate Course. It helps us to find out the Present Value of an Investment or a Property. It is a very important concept that you can expect to see in your Real Estate Exams. Calculation of Net Present Value is a critical topic. Let's see What is Net Present Value and How to Calculate the Net Present Value of a Property with Calculation Solutions. Stay tuned for more of such updates. Check out our YouTube Channel for videos on other Real Estate topics.
Redeemer Presbyterian Church in Charleston, SC, seeks to be a church that's Becoming Community in Christ. Our senior pastor Rev. Craig Bailey continued in our Means of Grace sermon series focusing this week again on The Lord's Supper. The Spirit of God continues to inflate the Lord's Supper, making it bigger and bigger in our minds the more we study it. Last week we focused on the past, and this week Pastor Craig focuses on the present value of the Lord's Supper. The more we study the Lord's Supper, the more we see the value. And the more we see the value, the more we should long for the table of the Lord.
Redeemer Presbyterian Church in Charleston, SC, seeks to be a church that's Becoming Community in Christ. Our senior pastor Rev. Craig Bailey continued in our Means of Grace sermon series focusing this week again on The Lord's Supper. The Spirit of God continues to inflate the Lord's Supper, making it bigger and bigger in our minds the more we study it. Last week we focused on the past, and this week Pastor Craig focuses on the present value of the Lord's Supper. The more we study the Lord's Supper, the more we see the value. And the more we see the value, the more we should long for the table of the Lord.
In today's episode, I am discussing why our ability to earn an income, what economists would call our “Human Capital” is our greatest asset. That means, losing that asset is our greatest financial risk. Luckily there is a simple and cheap way to manage that risk which we discuss in today's episode. For more discussions on the Present Value of our human capital check out this article on Making of a Millionaire: https://themakingofamillionaire.com/3-reasons-it-makes-sense-for-me-to-be-invested-100-in-stocks-4a5d4c3681c2 Follow Making of a Millionaire: https://themakingofamillionaire.com/ Leave me a voice mail/question here and I'll feature it on the podcast: https://anchor.fm/ben5933 Don't forget to sign up for our weekly newsletter: https://dogged-mover-9757.ck.page/d1a6fccdf6 --- Support this podcast: https://anchor.fm/ben5933/support
Present value is used throughout finance in the valuation of assets, so its important you know about it!
Calculate easily Present Value | Future Value & Annuity using calculator, Excel & Tables
In Natalie and Lori's continuing quest to find the best and brightest folks to populate their new society, this week they interview Lori's college friend, Maria Castex. The three discuss abolishing capitalism, unconventional romantic comedies, and the value of a dollar. Listen now! Listen to the Present Value podcast with Maria at https://www.presentvaluepodcast.com. About the Podcast Natalie Miller and Lori Goldman are the foremothers of "Butt Canyon," a magical new utopia they're building from the ground up. In each episode of Settlers, Natalie and Lori interview one candidate who hopes to be the next resident of Butt Canyon. Will the foremothers admit them to this mythical paradise, or banish them to the undesirable "Grundle Gulch?" Subscribe and listen to find out! Artwork by Addison Billingsley. Theme by Brett Hughes. Visit http://vermontcomedyclub.com/podcasts for more Unicow Media productions.
Lourdes Casanova discusses the rise of Chinese multinational companies and the growth of the Chinese economy in a discussion with Present Value host Ghady Arida. The conversation starts off with a discussion about strategic mergers and acquisitions conducted by Chinese companies after the financial crisis of 2008. This M&A activity allowed Chinese companies to expand internationally, acquire knowledge, and improve their industries. She also discusses the challenges, such as brand recognition, faced by Chinese multinationals and the efforts these companies are undertaking to overcome them. Lourdes Casanova is the Gail and Roberto Cañizares Director of the Emerging Markets Institute and a senior lecturer at the Samuel Curtis Johnson Graduate School of Management. She specializes in international business with a focus on emerging market multinationals. She was a Fulbright scholar and earned her Master’s degree from the University of Southern California and her PhD from the University of Barcelona. She is a member of the Global Agenda Council on Latin America as well as the Competitiveness in Latin America Taskforce of the World Economic Forum. She was also a member of the B20 task force on Information and Communication Technology and Innovation in the 2012 G20 summit. Along with co-author Anne Miroux, she recently published her latest book, the Era of Chinese Multinationals which examines common characteristics of Chinese companies and their efforts to make china an innovation hub. Links from the Episode at presentvaluepodcast.com Faculty Page: Lourdes Casanova
Tommy discusses Present Value as relates to economics and finance.
High-performing professionals who earn high income levels gravitate towards four planning principles. Today, Justin Bennett uncovers the planning moves that high income-earning professionals commonly make and benefit from. These professionals are usually at an extremely high level in their profession and may include business owners, high-level sales professionals, and high-level executive managers. This episode will take you inside Justin’s newest white paper, “How To Empower the Present Value of Future Earnings for Optimal Planning.”In this episode, you’ll learn: What qualities high-performing professionals look for in a financial professional Why having 'discipline wins championships' philosophy can help you shift into a phase of life where you can have your assets produce your income Why people that are earning a high income tend to love liquidity Why Justin recommends starting to plan for your future today And more! Tune in now to hear the moves that high performers make to optimize their personal economy. Resources: Bennett Financial Group - Website | Bennett Financial Group Facebook Page | Free White Paper: How To Empower the Present Value of Future Earnings for Optimal Planning 2020-108366 Exp. 9/22
The goal of this presentation is to explain the time value of money, five models of the time value of money, and its applications in business and management decisions.
For this special edition episode covering the COVID-19 pandemic, the Present Value team connected with some of Cornell’s top minds to discuss various aspects of the crisis. Dean Andrew Karolyi, Dean Lynn Wooten, Professors Li Chen, Vishal Gaur, and Kaitlin Woolley discuss the impact of COVID-19 on financial markets, crisis leadership, supply chain disruptions and retail operations, as well as personal motivation amidst social distancing. Andrew Karolyi is the Deputy Dean and College Dean for Academic Affairs at the Cornell SC Johnson College of Business. He is a professor of finance and holder of the Harold Bierman Jr. Distinguished Professorship in the College’s Johnson Graduate School of Management. He is also a professor of economics in Cornell's College of Arts and Sciences. Lynn Wooten is the David J Nolan Dean and Professor of Management and Organizations at Cornell University’s Dyson School of Applied Economics and Management. Li Chen is an Associate Professor of Operations, Technology and Information Management at the SC Johnson Graduate School of Management at Cornell University. Vishal Gaur is the Emerson Professor of Manufacturing Management and an Associate Professor of Operations, Technology and Information Management at the SC Johnson Graduate School of Management at Cornell University. Kaitlin Woolley is an Assistant Professor of Marketing and Co-Director of the Center for Behavioral Economics and Decision Research at the SC Johnson Graduate School of Management at Cornell University. Links from the Episode at presentvaluepodcast.com Faculty Profile: Andrew Karolyi Faculty Profile: Lynn Wooten Faculty Profile: Li Chen Faculty Profile: Vishal Gaur Faculty Profile: Kaitlin Woolley Research: A New Approach to Measuring Financial Contagion
Robert Frank, the Henrietta Johnson Louis Professor of Management and Professor of Economics at the Cornell Johnson Graduate School of Management, returns to Present Value to discuss his new book Under the Influence: Putting Peer Pressure to Work. The conversation explores the nature of social contagion and its numerous implications for how we approach public policy - most importantly our response to climate change. Professor Frank breaks down the mechanics of social contagion, what our regulatory approach has missed in the past, and how we can leverage knowledge of the tendency to mimic others to confront climate threats moving forward. For more than a decade, Professor Frank’s "Economic View" column appeared monthly in The New York Times. He received his BS in mathematics from Georgia Tech, and then taught math and science for two years as a Peace Corps Volunteer in rural Nepal. He holds an MA in statistics and a PhD in economics, both from the University of California at Berkeley. His papers have appeared in the American Economic Review, Econometrica, Journal of Political Economy, and other leading professional journals. His books have been translated into 23 languages, including Choosing the Right Pond, Passions Within Reason, Microeconomics and Behavior, Principles of Economics (with Ben Bernanke), Luxury Fever, What Price the Moral High Ground?, Falling Behind, The Economic Naturalist, The Darwin Economy, and Success and Luck. The Winner-Take-All Society, co-authored with Philip Cook, received a Critic's Choice Award, was named a Notable Book of the Year by The New York Times, and was included in Business Week's list of the ten best books of 1995. Frank is a co-recipient of the 2004 Leontief Prize for Advancing the Frontiers of Economic Thought. He was awarded the Johnson School's Stephen Russell Distinguished teaching award in 2004, 2010, and 2012, and its Apple Distinguished Teaching Award in 2005. Links from the Episode at presentvaluepodcast.com Book Link: Under the Influence: Putting Peer Pressure to Work (Amazon Link) Episode Article: Johnson Business Feed Profile: Robert H. Frank - Johnson Twitter: @econnaturalist
Travis is a former collegiate team roper and bronco rider, that has found a career in relationship building and sales.Incredible science review about polyphenols vs aspirinTravis' experience and hobby with raising cattleTeam ropingThe conundrum of pharmaceutical representation vs fairness and the lawSERIOUSLY FUNNY examples of medical sales experiences, from erection pills, to pain relief side effects, to unexpected results from an experimental weight loss drug... You will love it!Nancy husband and wife may kiss the bride connectivity care whenever you need video chatting with the doctor right from your phone so I don't need stitches thank you Dr. United healthcare health plan benefits may vary helps if I need to make their morning live show I was on so that out of the mud you Mary and for Larry where is Jeff when you need him for this is the gotcha project episode number 18 I McGregor with your host Dr. Ken Brown what's happening what's going on up so the writing were already up to this is fantastic were having some great responses I'm even like bumping into people that are looking us up that's a good show gut check project canalboat we are 18 why not 18 years not quite there love my tummy.com just who had knocked it out the bag lobectomy.com/spoony check that out if you would like to get your own Arbitron teal the reason why moving so quickly today is because we've got some studies to get to we've got an incredible gas from an industry that we don't always get to represent on the show that in a course is going to be Travis page 3 of Travis page on he is a drug rep but is also very interesting upward to talk about a lot of different topics but were not to talk specifics of anything know it is to be a general just Pharma thing when I can get him in trouble now is generic company will not be brought up is generic drug won't it's going to be really neutral so there you go Travis yeah Travis will will not reveal his company and I even asked him if I can rhyme it with other words said no idle whiteboard all the guts to hold it up withhe said it won't won't happen so that's about what is a lot of stuff but one of things I do want to talk about is the stories that you had being a grubber the stories that I've had through the years in training what's going on how the drug industry is changed in like this the regulations that have been placed so it's a wild thing because I didn't realize as a young person going to the doctor with my parents what why in our small town to Gainesville occasionally was somebody in a three-piece suit sitting amongst all of the people in the in the waiting room and they always seem to be holding pamphlets and couldn't wait to get in and they didn't have to have their name on the list and they would go back but a lot of things has changed since those days and the way that pharmaceutical representatives have to become educated how they represent to the physicians how they support the positions with their staff and patients etc. so there's so want to get into in a coursers lots of others lots of funny stories to go along with having a yeah a pharmaceutical rep but yes the big news in the big news happens to be in conjunction with the KPD health box and before we forget I wanted you to touch on the feedback that you got this last week and then what you have coming out is a little there's actually an updated change so we did the box opening last week with the KB of the health box but this is a really exciting thing this is a brand-new venture for us and for member box and they did an amazing job and I've had some great feedback my patients were to make big differences you met him boxing is a primary got box yesterday we sat was Sarah Jean and were building next month's box and were making it even better because more vendors are allowing their products to be part of member box you can build your own box once you get going this is really exciting I want to personally change the healthcare landscape naturally and allow people to really start changing things about themselves this pretty awesome because some of the feedback that we got from our patient just yesterday it was scope to received her first box and she said this is amazing I don't have to guess anymore and I thought that was really awesome to have yet another new element of a patient testimony it says this is helping me be healthier and saving money, the biggest thing about the boxes once you realize that there is that study that came out the chilled 79% of the stuff that you're buying at big-box stores or the Walgreens GNC late that article came out which showed that it did not have on the label what was arching the capsules so we took the liberty of going okay you look@thingslikeexamine.com consumer labs and you make sure that things are third-party tested then you realize okay what studies have been done that have actually shown O for instance tumor does do this or trunk teal can help in different ways we get the science to back it and we vetted the products and you're able to get it a huge discount so this particular box hundred $47 for some people that's that's out of range but a lot of people are spending to 5300 on supplements and you may just be throwing it away so hundred 47 to over $250 worth of vetted supplements one of the really exciting things is one of my patients her husband passed away of Alzheimer's disease right and she he was an artist and so she took his original art and she's made cards for basically blank cards thank you cards old-school member like instead of just texting somebody hey thanks that was awesome to catch you write thank you for doing whatever will on the back of it all the proceeds go to the Alzheimer's foundation so were you put that in anybody's box so our office purchased all of her cards and were to put that in the box and I just want it's an opportunity to Cordish to share that message others diseases like Alzheimer's which are really devastating and people you will be reminded of it Mrs. original art that's being sent to restart interact on hey we can put this in your box like that's awesome thank you that is awesome and if you've ever wanted to go and use a physician's recommendation as you move through the aisles of where what supplements actually work which brands are the ones that I can trust and which ones can I save money on to accomplish all of the things that I want to to supplement mount health that's what the K BMD boxes all bouts of KB MD box.com will direct you to where you can learn more to see a video of Dr. Brown on boxing the first months box that'll be replaced here pretty soon when we basically updated and unpack month number two which was very similar to one that always has small little tweaks just to basically improve your health and you can join and you can pause at any time there was never go to the you can go to the the member store and build more build you can deftly build more he can remember boxes getting more and more products in their really and it's all you know I want do is build a box it's based on science speaking of one of our people has member box set me article this morning that I normally would really go to personal stuff here but remember you can little love my Tommy.com/spoony and get a big discount and outrun till you're wondering okay will I don't have bloating or anything like that this article was just sent to me about 15 minutes ago in the article is anthocyanins protect the gastrointestinal tract from a high fat diet -induced alterations blot within burial integrity disposal really fancy these are the molecules are talking about right anthocyanins and what they do they looked at mice and they fed them a typical high sugar high fat American diet and they demonstrated that when they did this that the mice became fat they had insulin resistance they developed steatosis which is fat in the liver and they showed despite Elsa so the bacteria got screwed up and we got then they gave the mice the same molecules that we have and are trying to fed him the same diet and it started to reverse all that process so the science is coming out on this is so fascinating so if you don't if you're not taken Toronto right now because you do not bloated you might want to do it if you're eating a typical American diet leased from the small animal studies so that's and that's in the box and that's one of the main ingredients that's only one more facet in terms of what are 20 or just straight polyp I tried to learn not it's really what polyphenols can do to enhance or protect you and your health so now we know that it works well for gut now we know that tab with that Dr. Bo tells research from the UK from Exeter that polyphenols daily for athletes actually improves performance and tissue perfusion from from blood flow in a course you slow down your recovery time all of that comes from polyphenols not to mention making your endogenous or your your normal CBD your your normal cannabidiol that you have in your body work more efficiently there's just benefits to having polyphenols in your daily diet so we built this box is a gut health box right when you start looking for science to get the polyphenols for performance you get the megastore to increase the diversity of your bacteria so that they can actually use the food that you're bringing in and then the little thing we talked about before was true see that's the micronized hydrogen to improve your VO2 max meaning that you can actually have better oxygenation these are all studies that have just recently come out and of course you get a big steep discount on KB MD CBD oil service it's exclusive to everybody he's a KPMG box number no doubt that will almost all of my patients are on our Toronto plus KB MD CBD because the molecules are trying to augment your own endogenous and or cannabinoids or in other words your own CBD that your body produces and of course taking CBD is like a insurance policy against the world because it's really get you back to balance with your immune system and your nervous system speaking to CVD so I've tweaked my back in the past several years ago a few years ago and unfortunately just this last weekend Gage was out playing basketball up in Kansas and I went to watching and I decided to go engage in a workout and I lifted incorrectly I knew better it's a it's a it's a routine I work at that I normally do but you saw this was Ronnie Coleman 600 pounds on scrub I did 550 550 is from take it easy just be safe though truthfully it wasn't that much weight but what I did I put myself in a in a compromising angle that I don't normally do is in the equipment that usually use I knew better but regardless I did get a small spasm in my lower back usually the past it would take five sometimes seven days to really get more mobility that that injury gets it's a small injury occurred Sunday and you saw me pushing beds yesterday up at the end of center and I'm not 100% but the only difference that I have now that I didn't have the last time I hurt my back from lift is it I take on trying till daily antic CBD now and I think the level of inflammation that I experienced is less now it's anecdotal it's just me I feel great today will Susan feel totally 100% let's go back to that same doing the exact same exercise injure yourself but don't take either that way we have a control group and we have a treatment group you took the words right out of my mouth is exactly what I want to do is drive back to Wichita Kansas Wichita are our lovely and nice has nothing to do that it's just five hours from here to get there so at say it's a long round trip looks like your haircut I did get a haircut and yeah several of them cut several of them I'm such a fancy place what you talking to the person that was chop in your hair I was the hairstylist that's it you you call a woman the catcher here I guess that the hairstylist was cutting my hair and she asked me use it kind of funny in the chair and I say well actually just kinda stretch my back go back I tweaked it but I'm getting better and then she went on to tell me a story about she had been rear-ended by a large truck that erection Torcon on Interstate 35 in Denton and it took about eight months to get back to where she could hold her arms up to cut hair and then you know work at home in the scissors and without feeling fatigued lots of pain so I stress it would all work that she said well I did a few things that the pain doc recommended that do it it stretches but what made the biggest difference for me is when I found a CBD that I could trust and I could take but the hardest part should try several she has rides whatever we value this all the time she said the hardest part was finding one that was reputable that she could depend on didn't break her wallet so the one that worked the best was running her a little over $135 a month and she said it'd always make it to the end of the month even though she was following the instructions on their I let her talk and it was almost like she just walked straight into what you know what it is that you do it sought his ashes what would it have made a difference if you had a physician it said I recommend this CBD because it works clinically for my patients and here's why and she said I would've done in a heartbeat if so what if I could told it would have been about half the cost of the hundred and $35 brain that you are using she said well obviously I would've saved money I would've felt better Chuck told her that KB MD she she went straight to an ordered some so it's it's it's really kind of cool that we remove the access of the cost and that of the worry of is this legitimate CBD and so there was talk about it notes the waters are being really muddied right now. His boots of there's people there's essential oil companies that outrun at CBD there's every try to put it in different things and people ordered off Amazon which right now you're getting hemp seed oil united in getting CBD right is lots of mislabeling and so I think it's really important to have something to trust same thing that you're doing and buy a supplement or make sure that your CBD use is of quality something will happen is also on the topic of that of yesterday I I like it is so Greek salad and turkey patties from from Kenny's burger which is right by my brother my office to tasty Kenny's burgers but Chef Eric said that he was with him on the show under someone holding to it here pretty soon but I was I was Artie talking some people some somewhat regulars there was I googled you and I found you show LOL my guess it's also active on the show because it googled me as a doctor but find it a joke of growth nature and that she was tell me more about the CBD and then just immediately started this whole discussion about passivity was her talk about it and then it went sideways because she goes what you talk about tomorrow Mike that's a great thing am open to looking at different articles a look at what is really interesting one that just came out about a fecal microbial transplant is not effective in irritable bowel I forget that I'm at a restaurant you said that getting said yeah out loud to your class he got real classy records. The never disconsolate that I had to explain the article on the Gladwell will so you take what you slurry it up and put it I'm sorry document can you please leave the stage and a restaurant as I know I was like what yeah okay I'm just as it doesn't get any better not go into detail about how they actually did it which is what I want to do later maybe go to a restaurant that is not does not sell more burgers is Chevron Arcana came out was like yeah let's just move you back in the corner over there and let everybody else eat the burgers no need to wash your hand yes exactly so that we talked about CBD they found us just by doing and then I got put in the corner because I have a potty mouth it's okay well yeah is about a subject hey I just a real real quick reminder for all of our listeners be sure to like and share the gut check project and then shoot us an email gadget project.com under a connector contact let us know that you like and shared we got hundreds of people over the last few weeks so we are still going to give away the signature protection package which is a combination of Tron deal and KPD CBD month supply direct from yours truly Dr. Brown so where are we on the research topic for this week Jess of Unitech before Travis Or Did You Want to Save It's for Now Save It for a Little Bit I Want to Get More into Tell Me What Happened with the Family That's Compacted in Which Delegates You Go That's Great Is His Last Big Tournament As a Yeah Is a Highschooler before He Starts Haskell Ball I Got Have One More Turn up the Rest of the Summer but They Went to What They Call a Great American Shootout It It's Basically Huge Huge Basketball for Kids Who Are in High School to College Coaches Come in and They Watching He Dent the Weekend before down in South Dallas Duncanville and Other Match of Seven in Kansas Were Were Great I Mean They They Were Challenged They Ended up Finishing Two into One Teenage Face Twice They Beat Once in the Last Two Later and but If It Was It's so Good for the Development of This Program for Them to Have That Kind of That Kind of a Set up and It's It Puts Them into a Real Game Environment and That the Boys Worked Hard so It Was A Lot Of Fun and It's Always Good to Get at Town with Any Family Member Where You're Kind of Forced to Sit the Car Talk, but As Funny Subjects Laugh So It's Now I'm Not Really Fortunate Both My Kids Did Have Good Road Trips Exactly in and You Guys Are Sit There Talking You Know He's on His Phone Now Which Due To the Lot Where They Put the IPad the Back Everything Else We Do the Same at like Whatever We Do Road Trips It's You Realize You Hate to Drive Yes but I Have Kinda Grown a Little More Fond of It Because You Gets up and Talk Yeah My Undivided Attention When My Back Was Hurt Then on the Way Back so Gage Gauges Forced to Drive and I Could Even Look down to Look at My Phone) That We Had a Great Trip and Then Abreaction Stayed in Town Because Our Youngest Son Here the Best Will Tournament but Here's the Crazy Thing You Know That I Live in a Small Town or to Such a Small Town of 5000 People Marie Was a Part of This New Concert Series It Happens Indicator That They Would Just Now Starting to Implement and They Had a Large Music Acts That Amos Tony Leroux Who Came to Downtown Decatur Will Have 5000 and Change That Claims They Live in Decatur Property Had over 6000 People on the Square Just to Watch This One… That's so ALSO They Did a Great Job of Promoting and Bring Your Buddy Downtown so It's It's like A Lot Of of Americana in Canada Trying to Revitalize the Old Square and to Bring the Community Together so They Did a Great Job of Bullets People Downtown That's Awesome That's Very Sweet so That You and the Kids Well Okay so Last Week Show so the Both Kids Were Playing in Florida for Clay's For Clay-Court National Site and so Carla Had Just like I Think the Data Redoing the Show She Just Lost It before so She Was out Luke Is Actually Doing Real Real Good He Got Six Place 256 of the Best National Tennis Players in the Country and He Was the Youngest Which Is No Problem and What Was Really Cool Is That Carla Was There the Whole Time but She's Good Enough Now That She Can Warm Lucas up so She Was Lucas's Warm Apartment Nice so Yeah so I Thought That Was Really Really Cool so Last Night so They Came in on Sunday and Last Night They Start Asked Me about the Show Which I Think Is Really Fun so Carl Goes You Know What You Say about Me Tomorrow You Might Hello Point I Would Have Been with You Which Is like I Won't Look Us up so I'm like Okay Then Something I Could Not Do Liberals Don't Ask Me to Do No No No It's Impossible Bulges Flyby and Then Lucas Others Pretty Cool Because the Last Week You're Talking about How the Weeds Grow Everywhere Yeah and He Goes I Found a YouTube Channel Called Great Big Story Just Random Stuff Is Really Well Done 4 Million Subscribers Whatever Okay There Was a Story on That He Said Talk about This So Interesting and Will Get Only Gets up Patrick's Take on a Couple of These Things but It Is a Harvard Law Professor Who Dropped out or Just Quit after Practicing Law Just Said Turned on with This Became Forager So to Speak She Became a Weed Expert Okay And She Just Goes around Collects Weeds and She Takes Them to the Finest Michelin Star Rated Restaurants in New York City Where the Chefs Do Amazing Things with Weeds and Never Last Week Were Taught about the Fact That These Weeds Grow They They Have More Seeds That Grow Were in Inhospitable Environments They Have All These Different Sure Were Probably Looking at A Lot Of Food That We Could Be Dabbling in but I'm Not Encouraging Everybody Run out and Start Eating Everything in Your Yard EE I Remember That Reverent Story Ever into the Wild Right the Alexander Supertramp Who Happen to Eat Something and He Was Bare Garlic Instead of Wild Garlic Which Was Listed on the Same Page the Buckingham Dying in a School Bus in the Wilderness of Alaska but Yes That Moving the Book Is Really Great Actually Acts and Injuring Them in a Book on My Think at the Book and the Action Was an Article in Outdoor Magazine and Then It Was Became a Book and I Became in the Movie but down What Was That We Need That You Said That You Are You Ready Okay so Yeah There so Many Edible Plants but Having A Lot Of Them Require Special Preparation There's One in Texas Called Pulte Salad And down like a Silver Dollar Weed The Problem Is Yes the Boiler like Five Times Boiler Drain It Boiler Drain and Boiler Drain It before It Doesn't Make You Sick and Ends up Just Being Another Boiled Green but My Question Is Always Point How Many Children Did You Make Sick Throat Got up I Will March Me Know Jill's Sixth Mother Let's Try To Boil More Time Drain It in and Try Again I Never like Blowfish How Many Sailors on One Ship Died. I Cut It Correctly Yeah but Having Kids Is Probably Act of Desperation Is to Find out What You Mean at Some Point You're Kind of Force You Do Yeah I Mean and Forging Is a Big Thing Now I've Been Assuring You While the Hunting Wild Mushrooms in I Know He's Actually It's It's Awesome but It's Really Scary Because I Don't Know You Know We Have from Even It Comes to Mushrooms On One of the Episodes We Had Cooper Read on the Atkins We Did a Whole Episode on How to Identify Mushrooms How They Grow Idea That's Fascinating to Me That My College Is Coming I Don't Know How in the World They Can Get That Confident I Can Think You Could Study and Study and Study but Then Suddenly You're out on Your Own Going and That Was Pretty Good Really Want You Try That Make Sure It's Pretty Good Note School Is out Is Morels Have Not There Is No Other Mushroom That Looks like Them That's Poisonous so You Want Hot Mushrooms Be Sure to Learn How to Identify Morel Mushroom and Forget the Rest And 80 Bucks a Pound It's Been Shopping for Where Do You Find Morel Mushrooms and Well All over the Place at Texas Not so Much North Texas Maybe Far North Texas Arkansas Missouri Digits Did You Know That A Lot Of Texas Mushrooms Joke in the Arm of the Supercollider There Are Going to Build Oh Yeah so That the Tunnels They Began to Build Around Here in North Texas That Quercetin Completed but There Are These Gigantic Tunnels They Had to Make That They Made Use of Them And Eight They Cultivate and Grow Tons of the Mushrooms That You Get in Your Grocery Stores in the Old You're Kidding Supercollider Tunnels Yes It's Really Awesome They Have Is Awesome That My Ankle Time I Know That Jerry and Ray They Walk in a Manner like These Big Wheels and I Mean It's like the Perfect Tank No Sunlight Environment for White Mesh Row Ever since Ever since That Episode I Become so Intrigued by Mushrooms Was Even a Netflix Special That I Watched about Mushrooms and How Prolific They Are All the Things That You Do You Know Him As You Know I'm a Big Fan of All the Research Going on with Silicide and the Micronutrients and in Mushrooms Are Me and Can't Get Them Framed from Any Other Sources It Is Amazing with a Half-Hour I'm Looking at the Time I Feel This Is Unbelievable and We Yeah This Is Unbelieving Okay so Coming up Next Generic Travis From the Generic Page Family Talking Here Outline a Cyclical Generics Is Generous Is There's There's There's It's Also Generic It's a Way to Teach You How to Be so Generic That You Will Be Invisible Will Generically Laugh Your Ass off If You Are Trying to Quit Drinking or Doing Too Many Drugs Listen to Me You Don't Know Me and Will Never Meet I Had a Problem like You Want I Drank and Used a Party a Little Too Much till He Got Out Of Control and Almost Ruined My Life I Realize I Needed Help to Fix My Problem before It Totally Destroyed Me If You Tried to Fix Your Drinking and Drug Problem and You Know You Can't Do It Alone You Need to Call the National Treatment Advisors That Will Immerse You into a 30 Day Program to Replace Your Old Habits with New Habits and Totally Change Your Life and If You Have PPL Private Health Insurance the Entire Program May Be Covered Fix Your Problem Right Now before It Gets Any Worse Get Clean Call Now and Learn More 800-296-1252 800-296-1252 800-296-1252 800-296-1252 Are You Tired of High Cable TV Rates Sign up for Dish Today and Get a $500 Bonus Offer While Supplies Last Loss Locking Your Price for Two Years Guaranteed Call American – Your Dish Authorized Retailer Now 800-570-6630 800-570-6630 – 800-570-6630 Authors Required for the Occasion 20 from Early Termination Fee at the Auto Vein Restrictions Apply Call for Details Fast-Track Student Loans Can Get Your Student Loans Out Of the Vault Stop Any Wage Garnishments Stop Collection Calls and Stop Seizure of Your Tax Refund Give Yourself a Break to Stop the Stress and Get Your Student Loan Payments down to As Little As $25 a Month Based on What You Can Afford to Pay 800-709-4395 800 709-439-5800 709-439-5800 70943950 Projects We Are Now Joined with Mr. Travis PageIs the Generic Pharmaceutical Everything That Was Brought on Correct That's Correct Okay Now We've Just Gotten Legal Permission to Show His Face That Is Not That Generic Is That Some Other Cool Stuff Going on That's How You and I Originally Met You Had These Studies Cattle They Were Doing Anything That That There Were Supposed to Tell Me to Bring the Girls Alert the Cold Court Entered an Elected Mexican Cattle Espanola Yeah I Went to His Ranch in the Rye Had Little I Little Discussion Was like Him He Stood Back to His House yet Is How We Got in Line Had Never Thought about Speaking Spanish I Don't Speak Spanish but the Mexican Guy Needed You to Come over and Help Me out with That Once We Got in Line I Was like Hey I Got a Great Idea I Hope You Want You Come to My Office and Bring Lunch Occasionally That That's How It Works Yeah That's Right. That's Really All There Is It's Almost 90s What Is What You Say 97% of Pharmaceutical Reps Started in the Cattle Industry Oh That Is It's Much Lower Than That I Hope My Way off Bad Stats in Math and so Well We Get Now That We Have Somebody from the from the Farms of the Industry We Wanted to Have Travis Calloway in on Some of the Articles That Were Going to Discuss Today and in the Science Corner From Dr. Brown so Let's so I Got It Norma What Transmittal Do Sometimes I'll Take a Really Kind of a Cutting-Edge Article and Take a Deep Dive but There's Several Different Studies That Pertain to Our Previous Shows I Just Want to Come to Gloss over Them Wanted to Let Travis Decide Which One Were to Talk about First So Very Important You May Just Pick One of Those Pages Are All Negative That Gary Sakata Description First Actually Do You Want to Hear about the Tie between the Jott Micro Biome In a Potential Way to Help People with ALS Pamela Tropic Lateral Sclerosis Is Usually Known As Lou Gehrig's Disease Stress Data Was Choice Number One Choice Number Two Would You like to Hear the Previously Discussed Kenny's Restaurant Poop Transplant Story Choice Number Two Choice Number Two or Choice Number Three Out Of a Canadian University They Been Able to Identify And Produce Molecules in This Behalf Plant That Are Actually 30 Times Stronger Than Aspirin For Anti-Inflammatory Now You Heard Eric Talk about His Back Could Be That CBD Was Doing Something Real Nice We May Have the Molecules Three so This This Is Actually More of a Personality Test For You to See Where You Actually Landed Where Where You Headlined Is Generic Travis Your Job Is on the Line Yeah I I Feel like It's a Personality Test the Number Two with the Poop Would Be like to Go to Choice One with the Got Biome ALS Biome LSO Study Just Cannot Hear with I Looked at the Motor Neuron Disease ALS What They Have Found Is That There Is a Clue That This Horrible Condition and We Had Brandon Brown on Last Week We Were His Dad Died We Went into A Lot Of Detail about the Just Slow Progression of It and You Know We've Had Other People Call in That Event Actually Dealt with Us so Is This What Killed Stephen Hawking They Have Linked Changes in the Micro Biome That Live in Our Gut so They Have Discovered That Micro Biome Will Secrete a Proper Micro Bar Will Secrete Nicotinamide Vitamin B3 And This Appears to Slow the Course of Motor Neuron Disease by Improving the Function of the Muscle Control Neurons in the Brain Now This Is Pretty Exciting Because This Is the First Time They've Been Able to Show How the Micro Biome Will Produce a Neuroprotective Molecule and What They Showed Is That They Took Some Mice and Dooming a Biotics in the No Longer Produce So When We Start Destroying and Dropping Bombs and Not Feeding Our Microbiota We Don't Produces so It Nicotinamide You Made This May Seem Familiar to You Because We Were Working with the Guys That Produce Nicotinamide Ribonucleic Acid Which Is a Precursor of This so Basically What Happens Is Nicotinamide Gets Converted to Something Called NAD Plus and This Converts Food and Energy It Repairs DNA and It Helps the Circadian Rhythm so All These Things Eventually I Want to Try Get Some NAD in Our Box Sure but so It's Pretty Exciting Because Once Again It Comes Back to the Gut Can Affect Your Brain Were All about the Got Right Axis Here And so That Was Kind of Exciting and We Should All Think before We Just Go over to Gazette about Taking Antibiotics to Eat This Crappy Food Because Your Kinda Doing Some Neural Protection Every Time You Eat Polyphenols Every Time You Improve the Diversity of Your Micro Bio/ME I Think That You Could Look at There's Two Inputs to Your Brain and and Its Health One Is the Obvious It's What You're Doing to Learn and Keep Your Your Mind Active but the Other Thing Is Just Plain and Simple You Rest of Your Body Has To Get Nutrition From Somewhere in the Only Way to Get It Eat What You Eat in a Matter I Would Just Shown Time and Time Again That the Typical Western American Preservative Filled the Diet the Preprocessed Food It's Just Destroy Your Health It Really Is We Were Seeing an Epidemic of Autoimmune Disease and Everything Else Which Is Why I Think Everyone Has an Endo Cannabinoid Deficiency We Always Talk about This There Is the Gastro Vessel System the Cardiovascular System Neurologic System Will Have an Endo Cannabinoid System I Want to Be the First Board-Certified Endo- Kanab and All Just out There I Think I Can Because I'll Have To Form the Whole John Ronald to Certify Myself Immediately to Me Interesting Residency for Sure It Will Be Really Interesting Yeah So That the Other Study Were to Talk about Which Is These Guys Figured out These Two Molecules Cannot Live in a Can of Light and Be What's Interesting to Me about This Is That They Are Flavonoids So in a Full-Spectrum Hemp These Are the Polyphenols Which Are Also Was CBD Original CBD Nobody Talk about All the Other Molecules That Come along with It We Talk about the Terpenes Which Are the Essential Oils and We Talk about the Flavonoids Which Are the Polyphenols Right And What They Showed Is These Template and a and B They Provide the Anti-Inflammatory Benefit of Taking a Full Spectrum Interesting and They Showed They Can Show This Is What's The More Interesting They Implied That They Show That These Different Molecules Are 30 Times More Effective Than Taking Aspirin by Blocking Prostaglandins Prostaglandins As Part of the Arachidonic Acid Pathway Okay yet so Just for Those Who May Not Be Completely Aware of Their Economic Acid Pathway You Start with the Prostaglandin and It Moves down I Think It's Either Level I or Level II You Get into the Cyclooxygenase of the Cox Enzyme Correct Correct and That's Where Aspirin and Those Other NSAIDs Would Work so Basically You're Saying That a Natural Flavonoid Will Stop or Prevent That That Progression down That Pathway Earlier Correct Exactly This Is Patrick He Is Just Studio Touching Things Very Range of ZZZ's Adjusting Camera Started out There So So What's Really Actually about This Is That There's No There's Big Business I Mean Back When I Was a Resident There Was Talk of a Farmer Here for Second the People Throwing the Money Out Of Us Were the Cox Two Inhibitors Sure of Who I Can't Member Who They Were but They Got There Pulled off to the Realtor Causing Heart Attacks Afflicted by Vioxx Was One of the so Just to Finish up This Article There Was Really Interesting Because I Was like Wow This Is so Cool and Then I Went These Guys Didn't Discover This in Fact It Was Discovered in 1985 That These Molecules Did This What They Did Is They Discovered the Enzyme to Produce It So They Want to Start Manufacturing Just These Two Molecules And They Probably Will Make It a Drug Sure like They Want to Do so This Is Interesting Because We Talk All the Time That the Full Spectrum Allow Mother Nature to Do Her Thing So No Offense of the Farm Industry but Frequently Though Find Something Oh There Is the Molecule during This Then They'll Manufacture It and Hope That It Works As Well As in Mother Nature but We See It Time and Time Again That It Doesn't You Need Everything in the to Do It and I Did Have Some Fun with This Because I Want on Reddit and Looked at Somebody I Recently Discovered Read about Three Months Ago Yes It Just Started Ready Friend and I'm like Reddit Thing Is Super Cool When You Find That Modems Had a Quick Side Note They Go on I Gonna Read It Funny Pretty Good Way to Start Your Day Just Looked at Cop Arresting a High a Really High Kid and I Don't Know What Happened before Goes the Cop Looks at Him and Just Goes I Mean like When They Make Fun of High People and They Portrayed in Movies You're Mad As Hell Man Thanked Its Front Page Read It for Sure It Was so Somebody Wrote Them Basically What They're Talking about Is That It's Been Known for a Long Time That These Kenna Flavin's a and B Have Been Able to Do This and the Study They Were Referring to His 1985 but It Just Kind of Implies That This Is You Know the Way Things Go What's Really Cool about It Is That There Are Potentially Thousands of Other Molecules We've Not Discovered In These Plants I Made Such a Complex Plant Which Is Why Think It Is so Many Things so That's Article Number Two Article Number Three Is I Get Asked All Time on My Patients about Fecal Transplants and so You Take Someone's Poop Stick and Somebody Else and A Lot Of My SEBO Patients A Lot about Your Mobile Patients Always Asked That Randomized Trial Came to the Conclusion That Now It's Not Any Better Than Placebo the Real Taking Someone Else's Poop Does Not Help Irritable Well Hey Just a Curiosity That Particular Study How Big Was It and Are You I Do Think the Methods Were an Effort to Be Disk and Totally Conclusive on That Element Now I'm Sure It's Not and I Don't Member Lussier Got off Public Results I'm Only Curious Because We've Seen in the past but Sometimes You Can Hundred and 75 People Recruited Okay 75 Now That Being Said It's like All Things for Me and Some Other People Would Go Ahead and Critique Us so They Took the Capsules the Frozen Food Pressure Okay Though Some Would Argue Is It You Know Is It Actually Working to Present to D Have To Go in and Do This so Do Remember Quick Side Note We A Few Years Ago We Were Interviewed We Had This Yale Gastroenterology Fellow We Took A Lot to Eat He Was Considering Joining Us and His Research Was on Fecal Microbial Transplant so Taking My so What They Would Do Is Take a Skinny Mouse and a Fat Mouse and They Would Swap and See What Happened with That Mousey Little Skinny Mouse and They Were Showing That Fat Mice Started to Lose Weight after Getting the Fecal Transplant Skinny Mice Gained Weight So While He's Telling Us This As You Can See I Have a Habit of Talk about Poop and Restaurants Yeah Our Waitress Was like What Hold on to Explain That He Goes into More Details I Guess I Will Publish This in It's Really Exciting She's like He Was Ever Thought about How Their Fat Families Is Genetics or Are They Sharing Their Poop Once You Live with Somebody Long Enough Whether You like It or Not You Sharon Poop and Just to Women with Somebody so She Just Goes Oh My God It Looks over the Water Boys like Six 420 S. West That Just Became the Sexiest Man in This Restaurant Yeah Yeah Yeah I Did So so Anyways Brigham Young University Just Came out with Actually Did a Fecal Microbial Transplant Study on Weight Loss The – Documents and so Is Small Study but It Actually Did Not Show That Improved Weight Loss I Had a Patient That Did a Microbial Transplant from Her Sister and She Ended up Getting The Same Diseases As Her Sister Though She Developed Acne and Hypothyroidism and Put on Weight It's Really Interesting Though Because I Think It Even United Whenever That Study First Came out from Brigham Young That Was That There Probably Are Still Some Environmental or Extrinsic Controls That There Probably Weren't Measured Because Did the Fecal Transplant Actually Have Number One Time to Change the Habits of the Desires the Person Had Now It Seems like There's A Lot Of Different Facets Whenever You're Talking about Essentially a Human in the Wild of the Western Civilization and And All of the Different Offerings That You Can Have for Food Sources Etc. Can Be Reversed So I Thought from a Generic Farming Nice Yeah so I'm in a Really Have To Not Beating in My Scene To Ingest Somebody Else's. Psalm Tanya Seems like There Would Be A Lot More Negative Than Positive to Write Well Will I Think That There's so Much Science Coming out on the Micro Biome We Don't Know What to Do with And There's A Lot Of People Who Are Really Desperate I Think You're on an Island I Think Most People Are Totally into Having Someone Else Do You Think That We Took a Poll I Don't Know It See This Is What He Brings up a Good Point Maybe My Sample Size Is Way Too Small Maybe I Need to Ask More People Than Just Myself Okay That Was No Pun Intended Right Your Sample Size I'm Glad Someone Is Picking up a Ladder Right after L Phoenix on Friday Obviously Travis Does Not Work for a Mixed Good Restaurant Is Awesome Yeah but No It's Believe It or Not It's a Topic of A Lot of Scientific Inquiry Right Now Yeah Microbial Transference the Microbiota What's Going on I Mean This Is People Not Ever since the Advent of the Phone I See More Pictures of People's Poop and I Don't Need to Just Keep It Right There Don't Know What You Can I Got the Good Imagination I Imagine That Is Interesting No and We Did Get Asked about That Quite a Bit at the Procedure Clinic About What You Know about Fecal Transplants but I Think There's Still Time Left to Discover If It's Well so It's the Brakes of Been Put on It Because Just Recently That Study, We Have People Died Two People Died from Getting a Fecal Transplant Because the There Was a Bacterium That Yeah That's What I Was in Salmon There's That Negative Outweighing the Positive Right Because There's so Much Negative from Its Waste Right I Will yet so Technically That's True but That's It Has Your Micro Biome and It Has A Lot Of Dead Things Is a Ton of Waste in It and You Know Poop Is Extremely Complex We Don't Really Quite Understand What to Do with It or How to Make It Better but We Do Know That Your Micro Biomes Your Genome within Your Genome We Need to Start Treating That Accordingly Give It What It Wants You Start Having A High Process with High Sugar Food You're Going to Have Bacteria That Are Going to Proliferate More I Will Start Sending Signals to Your Brain to Ask for More of That so Are You in Control Or Is Your Bacteria in Control of You That's the Interesting Thing Yeah Definitely Has Many Other No Words No That's That's We Just Waited Technically for Quick Studies Today NL Just Came out but Right Now I Got I Got I like Commit to One and Do a Deep Dive on It but We Were Able to Come to Cover the Cover Basis Rather While They Want to Gain It Well Travis Walking the Show Thank You Ashram so You Were Born in Carrollton Texas Correct Yes and Currently Now and of Course We All Teasing but We Can't Worried Asked Not to Totally Reveal Exactly What Farms It Was a Represent What Company That You with but That Won't Prevent Us from Talking about the Journey to Get to Where You Are Now so It Will… Let's Go Ahead and Cleverly Were Microfiber but the Reality Is Is That the Pharmaceutical Industry Has Been under Fire for the Last Decade or so Though Sure That the Regulations What Can Be Said What You Can Be Represented Have Really Been Ratcheted down in Some Part of the Fun I Want to Do Today's Talk about My Journey As the Doctor Where There Was No Limit Free-For-All It Was a Free-For-All to Now Would You like to Know You Can't Say Anything And I Can't Bring You Anything and We Can't Do Anything and Everything's under Tight Regulations It's Morphed A Lot I Mean Definitely over the Last Three Decades It's Probably Not a Recognizable Profession When It Was 30 Years Ago Compared to What Is Now Yesterday There's a Guy That That Worked with On the Primary Care Side That Will Just Call MAC Outright and He Was 60 Something Years Old He'd Been through He Made It through like Eight Different Layoffs over The Course of His Career Right Me Just Could Not Kill This Guy And He Was a Fixture Every Wednesday He's in This Particular Office Right and I Just Asking Him and Talking to Him about What The Industry Was like 30 Years Ago When I Came into It I Mean You I Missed out on On All of That Right and You Know It's It's the Only Sales Job Really That I Can Think of Where It's Not Okay to Take Your Customer to Dinner or Take Your Customer out for a Drink or out to Play Golf or or Whatever the Scenario Might Be I Mean Yeah One of My Best Friends Is His Family Owns a PVC Pipe Manufacturing Company Right They Live on That They Live on Entertaining Their Customers I Mean It's Expected Brian and I Is Not Funny Because Doctors Now Are so Scared Especially with Happen to Some Hospitals Doctrine Hospitals the Stuff That If You Own It If You Do Anything in Medicine I Do Not Want I Don't Take Any Money from You I Do Not Want to I Feel like a The High-Level College Recruit Just like Now What I Will Pay for My Own and Because He Is There so Much Fear on the Doctor and Roots like Look at You Being Influenced And the Reality Is There Was A Lot Of Money to Influence People's Behavior and That's What That's Why the Relations Came around His Right Is Wrong I Don't Know While Internet and That All of the Training and Everything You Get Is a Rat Now Is All Very Patient Focused Right It Is It Is All about Presenting a Case and Paying a Picture of a Particular Patient That Needs Help And That That's Really Our Job at This Point Is to Go Get in Front of the Physician Somebody Has the Capability to Improve Somebody's Life Right by Writing a Prescription or Doing a Procedure Whatever the Case May Be in Just Painting a Picture of the Patient That They See on a Daily Basis but Maybe Get Lost in the Shuffle Are That They Don't Recognize and Try to Paint a Picture of How That Patient Suffering and How You Can Help So I Mean I We Will See the Company Name but I've Been Doing Clinical Research for A Lot Of Different Pharmaceutical Companies and I Work A Lot Assigned to Place on Sears Has Some Really Smart PhD's That a Return to Work This out so There's There's All Different Kinds of Views of What This Industry Is and What It Was What It's Become And Everybody Insurance Companies Have a View of That the Patient Has a View of That the Doctor Has a View of It the Company and There's so Much So Many Moving Parts That Are Continually Moving so If a Drug Company of Or Research Division of the Drug Company Has a Pretty Good Product If It Doesn't Look like It's Gonna Be a Homerun There's Just a Recent Pharma Startup Were There Looking at Something in Cannabis in the Phase 3 Clinical Trial Was Looking Bad And Somehow It Got Leaked Their Stock Plummeted 81% On This The Rumor That the Trial Wasn't Going Well It's Crazy Because He Almost Are Stockholders in Industries like That You're Always Betting on the Future It's Never on the Present Value of What Merely Delivering a Good Service Would Heavy It May Have so Much Weighing on That in Fact If Armor the Number Correctly You May Be Able to Correct near It's Probably Grown since Then but the Late 90s We Were Told the Stat And That Was That so Much of the Money in the United States Of America Pharmaceutical Industry Is Strictly to Stave off the Costs of R&D and the Elements That Go into That to Move That Product Soaked over Told Is That before One RX Is Sold of Any Doesn't Matter All Comers Is Sold That over $1.4 Billion Had Been Invested Industrywide to Create Good Multifarious Trials the Experiments That the Development Of a Said Drug That Would Come with Every Lineage You You Yourself Even Said They Had That Started with a Steady Back in 85 and Now They're Trying to Find an Enzyme to Do Something Will Were 30 Years Removed from That so over That Time How Many People Spent Time Reading That Article so This Is an Aggregate of All of the Time and All the Research That Goes into This and Avenue Where We Can Improve Either an Outcome or What Have You Is Just A Lot Of Money on Top of That Before You Can Turn a Drug out to Somebody You Gotta Go through At Least Three Phase Clinical Trials and Then Moving to the Force Where the Consumer Will I Will Say This Travis Are Here Because Number One Your Atypical for a Drug Rep So How in the World like What Your Journey Man Were to Start College and Appear Yes so It It's It's Really Not That I Complicate Our Plan to Be Here A Lot Sooner Than That I Was a Mean on That Third Show Doesn't Start until I Was Right on Time for That Yes so You Are Talking about My Journey Right so I'm a Third-Generation Sales Guy When My Dad Went through School When He Came out It Was All about Computer Software and Hardware Right When I Was in School It Was All about the Pharmaceutical Industry and so It Was My Ambition Right to Be in Sales It's All I've Ever Done Don't Care If It's My High School Job My College Mates It's Always Been Involved in Sales so I Knew That's What I Was Going to Do in the Hot the Hot Job to Have Come You Know Back in 1999 Was Coming into the Pharmaceutical Industry and It All Went to a Small State University Which Was Mistake Right Great Experience Great Education but Just Not Allowed A Lot Of Alumni Support Board Job Right after You Get Out Of School You Know When and at That Point I Thought I Was Going to Be a I Thought It Was Going to Be a Pro Athlete Right Because We All Do When Were 18 or 19th And so When I Discovered That I Wasn't Going to Be Right I Try to Get into That the Job Market Will Sports So I I I Rodeo Road in College and You Know I Thought That That Was Going to Be Realizing Your Second College Rodeo Yes Scholarship Person That We Got on the Show the Odds That's Where I Show 18 We Had to Know Me That's the Elementary Him Percent Yeah Hendrickson Was a Rather One Robo That's Right Robo So What Would He Compete and What Was His Mostly Bad Ass Surrey Samurai Night Was That He Was a I Think He Was a Bronc Rider It Is a Professional Bronchitis Think He Was a Bronc Rider Yeah Yeah Yeah so That's What I Did but There It Was Very Evident That I Was Not Going to Be Professional at It by the Time I Arrived National Rodeo Person Liquid of the Skills and the Acyl Basically Your Your You're Willing to To Put Your Money Forward and Go on the Relative Absolute Zero Sensitivity in the Mail Nether Region There's That Your Behalf Shopping to Play Smudges As People Think That It Is That Often so We Don't Have To Worry about Being Somebody Runs up and Just Kiss You All of the Terry A Lot Of You A Lot Less People Sign up If That Were the Case Yeah No I Mean It's It's Really You Know It's It's It's One of the Few Sports in the World Where There's No Contract There's Nobody Paying You Unless You Went so You Gotta Be Able to Foot the Bill to Go Compete And Then Yard You Know Basically Sustaining Yourself with Whatever You Went so If You Don't Win It's Not Sustainable Is Basically What the Deal Is so That the First Job Interview I Had a College Was with Copenhagen's Goal Right Okay and so I Go down to the Office There in Louisville Used To Be on Main Street There in Louisville and I Go in There and I'm Talking I'm Talking to This Gentleman and It's a Sales Job and Ides Promotional Job and I Get to Go on the Road All These Rodeos and Stuff and Promote Copenhagen's Goal Might Man It Sounds Fantastic I Said so How You Guys Health Benefits Magazine That We Don't Have That We Pay like 70 Company I Mean Yeah Yeah Your Initial You Will Take Jobs Coming out You Have To Eat so Did You Have Any Issues Taking a Job That Actually Is Harmful To Society yet so in When You're 18 or 19 It Are More Associated with Cowboy Than I Did It Measure Harmful You Know and As You As You Grow up and Mature You Realize That That's Not a Great Thing You Know What I Mean but an 18 or 19 I Just Associated with Being Able to Be Look at How You Look at Look at the Advertising They Were Doing Then It Is Sex for for Your for Your Peers That's Sexy to Be Doing Copenhagen School Started to Happen When I Was 14 Years Old I'm 42 Today Today State Not Today Matt How Is Patrick and with Everything. I Wish It Was My As Long As the Mud Pie We Yeah so Know They Definitely Marketed on the Old You Your Walt Garrison Everything I Mean You To Be What You Had Done to Dip Snuff You Know At Least I Thought That When I Was You Know in Middle School You Know What I Mean so Yeah I Would Not I Would Not Do That Today God's Blessing Because Now You're in Your Center Help to This Said Again Your Products Help My Patients so You Come Full Circle without Definitely and That's It That Is That Is the Most Gratifying Part of of What I Sell Is That You Don't Unsolicited Patients Will See You in a Waiting Room and With This Particular Product That I'm Selling Now at Mean It's a Lifesaver Right so like Literally so Patient Comes up to Me This Is Not a Month Ago In the Waiting Room and Says You Thank You for Doing What You Do You Say My Life I Can Save Your Life Right but It Makes Me Feel Good to Think That I Know Made a Case for That Patient Advocated for That Patient in Front of Physician That Ito Saw Fit to Put This Patient on That Product and It of Their Life Is Improved Because That in Some Dramatic Way so That's the Big Deal with Travis That Was Ablated Not You Just Did Your First Half-Hour with Us on the Guttering Project We Have a Whole Another Hour to Go with Travis We Got Tons of Really Cool Stories about the Pharmaceutical Industry Will Be Back Here in Four Minutes This Is the Only 24 Hour Take Anywhere Platforms Dedicated to Food and Fun We're Spooning Our Townhall.com, Is a Thing or Two about What It Takes to Succeed in National Politics and President Frump Believes the Russia Probe Will Hurt the Democrats Politically in 2020 President Is Predicting That the Democrats Focus on the Russia Investigation Will Backfire in Next Year's Presidential and Congressional Races after Former Special Counsel Robert Muller's Congressional Testimony the President Said There Was No Defense to This Ridiculous Hoax Greg Claxton the White House Horace Johnson Vowing to Silence What He Calls the Doubters the Doomsayers the Gloom Steers You Don't Think You'll Be Able to Successfully Lead Britain Out Of the European Union The New British Prime Minister Is Held His First Cabinet Meeting Later Address Parliament Johnson Promising to Exit the EU by the End of October North Korea Has Fired a Couple of Short Range Missiles into the Sea off Its East Coast South Korea Says One of the Two North Korean Missiles Flew 450 Miles Longer Than Initially Suspected Soul and Set Both Missiles Got to That Distance before Landing in the Walters of the Country's East Coast the South Categorizes Both Missiles a Short Range but It Concerns As to Their Status Senior Japan Official Says If They Were Ballistic Missiles They Would Be Violating UN Sanctions on Charles the Ledesma Party Time in Puerto Rico Protesters Celebrating Afterword That the Embattled Islands Governor Will Resign a Week from Tomorrow Led by Strong Demand for Commercial Aircraft in Cars Durable Goods Orders Rose by 2% Last Month on Wall Street This Morning Stocks Are Lower the Dow Is down about 138 Points the NASDAQ Composite Index All 58 S&P Currently down 14 Points More on the stories@townhall.com Now You Can Fly Anywhere in the World and Paid Discount Prices on Your Airline Tickets Flight Today to Learn This Harassment to Read or Anywhere Else You Want to Go and Pay A Lot Less Guarantee Quality International Travel Department Right Now Low-Cost Airlines 800 452 1075 800-452-1075 That's 800-452-1075 Got an Old Car Donated Whether It's Running or Not to the United Breast Cancer Foundation and Save a Life They'll Even Come and Pick It up for Free The United Breast Cancer Foundation Has Saved Hundreds of Women's Lives through Their Free or Low-Cost Breast Screening Exams but Now They Need Your Help The United Breast Cancer Foundation Wants to Save More Lives through Early Detection by Offering Women Free or Low-Cost Breast Screening Exams In Donating Your Old Car SUV or Truck Whether It's Running or Not Helps Pay 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Then Be Certain to Subscribe and Tell a Friend Then Go to Get Check Project.com Go to Contact or Connect Let Us Know That You Did It to Be Entered into the Contest Where This Month Next Week We Give Away At Least Five Signature Pack 10 Troubleshoot the Signature Packages I Have Heard You Talk about This but It Is Change the Time Two Cans of Copenhagen's Good for Your Patience I'm Glad That's Better Than That to Be Month Supply about John Teal and Katie Being CBD Paired Together and You Get to Choose Your Flavor like Natural Natural like Sentiment Gets in So It's, like Opening You Choose Your Flavor Yeah Yeah Signature Package, like Copenhagen Be Sure That Is Now like Travis Are Coming on Your Great Salesman Genesis I Was of Delta Here Is a Reminder Ever since the Invention of the of the Phonathon Wonders for My Hemorrhoid Business and That's Why so This Is My Public Service Announcement Don't Red and Poop Because You Get Him Yeah That's Public Service Announcement How Does like the Fact That Friday Nephrology's Toilet This Is Weird That's Gutsy That's Her Mascot Yeah It's It's Cool That He Can Also Articulate His His Hand to a Phone and He Uses the Potty but Now It Away This Is What Amphibians Do Nowadays This Is with Her into Everybody's Evolving Everybody Is Evolving See Evolving so Tribes You Had Quite a Change from You Went to If You Had Mentioned Earlier That Lady Said He Went to Stephen F Austin Kratz Yes Sam Foster State University down in Nacogdoches or East Texas and Currently Now You Live in Crom Which Is Just West of Denton Texas Correct Correct and You Did Not Leave Your Team Roping Skills behind Is Part of Your History You Just Lunch Would Expand on That You Have Any They Do That Anyhow Yes so That in Our Roadblocks in College and We Always Thought That the Timed Event Guys Are Kind of the Sissy Guy I Know I Just Turned out They Were the Smarter Ones Right It Really It Really Does Turn out That Away You Know Your Your Career Is Is Prolonged Quite a Bit You Know When When Your Mount Is Not Trying to Put You on the Ground Hurt You You Know so It It Was Very Much Considered to Be and an Old Man Type Thing by the by the Rough Stock Guys Will Now I Fit That Bill Right Side Zero Shame about about Team Opening It's Actually Extremely Complicated and I'm Rude I Learn Something New Every Time I Go about so It's Some Guys Fish Some Guys Play Golf on Llama Pharmaceutical Rep by Trade but My Hobby Is Timo Days a Week Do You Do T-Mobile or Do You Work on It Yes so It's It's Tough Right Because of You Know All the Resource That You Need to Actually Practice Something I Have You Know What a Dummy If You Will That I Can Roped It Stationary That I Can Do by Myself All the Time but to Actually Get Rigged up and Get on a Horse in and Have a Live Cattle the Rope for Me Not to Be Someone You Have the Cattle Strictly Roof Yes so This We Just Built a House Last Year But before That I Was on a Real Property That Actually Had the Facility A Roasting Pan on It and so We Would Bring Cattle Lisa Basically to This Facility but We Have A Lot Of Space Sure so You Go Online You Start Trying to Leave Lease These Corian Take Cattle What They Want to Lease 100 up We Have Space for 100 Right so We Needed 5 to 10 Generally Be Whole Lot Easier If He Had the Hundred in That Same Space and I Was Going Fishing in Lake Geneva Was Starting Okay That Would Get Really Complicated in a Hurry Bill out Would Be A Lot Of Moving Parts Anyway since We Figured out That You Know There's a Market for This Bird You Know the Small Group of Cattle so My Idea Was on My Little Place to Raise Five and There's All These You Always Have Five Babies on the Ground That Would Mature and and Be Able to Be Leased out to Somebody's Facility and You Drive up down 380 You Know You're from Decatur You Know What I'm, There's All These Little Farm and Ranch Is There and A Lot Of Them Have Team (so That If You and and and Their Alts Smarter Not Hundreds of Acres Right There There 8 to 10 so Not A Lot Of Space to Keep a Bunch of Cattle so That Was My Idea so I Got And Just like Everything Else I Get Myself into a Little More Complicated Than What I Thought You Know It's A Lot Going on This for like I Think Is My Fourth Year and Raising the Yeah Yeah so I Started out with Two Mama Cows in My Idea Was to Breed Him and Then Turn out Babies Will Eat You Can Only There You Can Only Keep Him Permanently If Their Female Right Because That's the Only Way to Make More Cows Right Is to Have Female so If You Have Males That Doesn't Grow Your Herd You Know What I Mean You Can't Bring Them Back to Each Other and I Can't Think so It It's Been an Endeavor Right so Were in the Were in the Process but Yeah That's Another Aspect of the Hobby I Guess You Have like a Career in the Dating Apps with the Yeah Yeah What Side of the Body Corian Table down the Road so You Know Every Every Winter I Take Him on a Date Hello Demo Gals in the Trailer We Take One or On a Day over in My Buddy's Place Even for Them Swipe Right around and Only One so That They Are A Lot Of Choice on a on a Quick Side Note We Talked about This before That When You Have Too Many Choices There Is a Psychologist That Did a Site Psychological Study Were People Who Chooses Many Types of Jams That They Wanted and Had like 40 Different Kinds but You Could Bring Her Back Didn't like It or They Could Choose between like Three And He Showed That the People Had More Choices Were Less Happy with Their Choice or with Their Decision and the Other Ones Didn't That's Exactly What I Think Data Gaps Are I Think You Should Download an App and You Go One of Two Choices That Are You This Guy like That You Pick It and I Think People Would Be Happier Person I Don't Have Any Experience with It so That All I Not One Time Have I Ever Had It I've Always Had You Insane the Natural Old-Fashioned Way Right so I Don't Even Know What This Means This Online Anything I Don't I Don't Get It Never Participated in Also You like Me Look like like the Old Way like like OkCupid Original Apps like I See You Are and You Always Are I Say Something Funny You Know and Then We Dance and Then We Have a Beer and That's It L Next Week and We Go to a Movie like a Real Relationship But I Guess This Is a Real Thing Will Go My Point Is How Unhappy People Are And I Think That Deserves That Foam Well There's Always a Sphere of Zero Something More to Be like You Could Choose You Driving down the Elders Bolted Usually with That Will Make Better You Know Kids with This Was the Swear That That's an Interesting Concept What If If Back before Social Media If People Think of Everything You Give up to Put Your Profile on a Dating App May Not Only Do You Have How You Aesthetically Look but You Begin to Say Your Name or Your First Name out I Assume Sometimes I Do They Ever Ask If You Giggle the Deeper What Your Occupation Is WikiLeaks Which Hobbies Are but If You Just Had to Wear Shirt Just Said Your Name And Then Your Hobbies Where You're from And like What What Area You Live in and Then You Are in a Bar and Then You Begin to Weed out People before You Ever Got to Know Them Just Based on What Their Hobbies Were Never Printed on Their Shirt They Would Bay It Would've Made Things Just a Dating Shirt When You Compare the Hobbies of Everybody and There Probably Not Be Satisfied with the Fact That You May Not Find Somebody like Team Roping And It Just Because It Wasn't Listed on There so the Promo Comes from Looking at All This and I'm Not Seeing My Hundred Percent Match Here If You Have These Small Biographical Details but They've Done I Mean There's a Whole Lot of Evidence We Are Not Becoming Happier As a Society Affect Depression Is This Huge Which Is Why Think Things like Sulci but I Can Make a Big Difference Probably All These Drugs and Everything Probably Just Putting the Phone down for a Little Bit Is a Great Way to To Reconnect and Reset Which Is What I like about What You Do Is Your Hobby You Your with Nature Your Beer Interacting That's Awesome Well in That You Know the Contrast Is My 11-year-old Son Just Turned 12 He's 12 Years Old Now but Now He Is So Not Interested in That Aspect of My Life and When I Was Growing up What a Kid Because I Didn't Have It You Know What I Mean I Ate Was All Indirect It Was Adjacent to Me Was the Influence Was All for My Mom Side of the Family But It Was Everybody a Kind Move past It so I You Know When I Got into It I Can I Got into It on My Own so I Would've Loved My Dad to Be Involved in Something like That and My Son He's a Baseball Player This Thing This Is Not but He'll Pick up the Phone All Day No Enemy Ill Be on That PlayStation but You Know That's It's Just Completely Different from When My Experience When I Was Growing up Totally Can You Explain Exactly Were Saying Team Roping You Know I've Never Watched It I Don't Know Just Tell Me What You Do Okay so I'm on That I'm on the Head Side Right so It Set up This Away There's A Shoot in the Middle Where the Callous Deployed Right in on Either Side I Shoot There's a Box so the Cows Deploy to Get a Head Start Right and Then It's Basically a Horse Race Right so the Guy on One Side Is Responsible for Roping the Horns the Other Guys Responsible on the Other Side for Coming behind and Roping the Feet And Then yet You Dally off Your Saddle Horn and Kinda Stretched Tight for a Split Second They Drop a Flag Not Your Time so It's a Time to Vent Animals and Hurt Not at All Not at All Not All Yeah so There's A Lot Of Controversy Sir Surrounding What They Call Tiedown Roping Where They Use Sprite with a Flip Them over so There's a There's A Lot Of Controversy and Not Just the Way It It Looks I Think Team Roping Is A Lot Less Shocking but You Know That the Bottom Line Is Is That There's All Kinds of of Regulation and That Kind of Thing to Make Sure That That That the Animals Are Taken Care Of and I'm Telling You This Those Horses I Would If I Could Come Back Is on My Want to Be High and Horse Absorbed a Performance Horse of Some Nobody Lives Better Than I Did Have a I Had a Friends Family That They Bread over the Cold Cut Horses Big Big Big Money
Professor Saule Omarova of Cornell Law School joins Present Value to discuss the mechanics of financial system regulation and the systemic risks posed by the development of financial technology ("fintech"). The sources of systemic risk in the modern, globalized financial system are numerous and often ill-understood. Omarova details how the fundamental logic of the U.S. financial regulatory structure focuses on the risk of individual financial institutions, but fails to adequately monitor the system-wide sources of risk that result from the increasing interconnectedness of financial institutions. She also outlines the risks to consumer privacy, currency, and financial system stability that the continued development of fintech poses to the modern economy. An expert in the financial regulatory regime in the United States following the Great Recession of 2008, Omarova has testified before the U.S. Senate Committee on Banking, Housing, and Urban Affairs and previously served as a Special Advisor to the U.S. Department of the Treasury to the Under Secretary for Domestic Finance. Links from the Episode at presentvaluepodcast.com Episode Article: Johnson Business Feed Faculty Page: Saule Omarova - Professor of Law, Cornell Law School Research: SSRN Page Congressional Testimony: Senate Banking Committee Written Testimony
Professor Robert Hockett, Edward Cornell Professor of Law at Cornell Law School, returns to Present Value to discuss the Green New Deal. Hockett is a regular advisor to Senator Elizabeth Warren, Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez. Hockett explains that the U.S. has lost its manufacturing and technological advantage to countries like China and Germany. He argues that despite political polarization, both Republicans and Democrats can agree on major policy initiatives around the Green New Deal to benefit every congressional district in an effort to greenify the U.S. economy while also instituting a federal jobs guarantee and delivering environmental justice. In the episode, Hockett addresses concerns about how Green New Deal initiatives will be paid for and forecasts two main hurdles he sees in delivering GND. Links from the Episode at presentvaluepodcast.com Faculty Page: Robert Hockett - Edward Cornell Professor of Law, Cornell Law School Research: SSRN Page Green New Deal: Congress Resolution
David Easley, Henry Scarborough Professor of Social Science at Cornell University, delves into his theoretical research that identifies externalities in the banking system which can lead to a contagion of bad events. He also shares new research detailing how financial market participants with different sets of beliefs can produce suboptimal market outcomes, illustrated through a simple example about renovating the Ithaca Commons: what should the Mayor do if everyone agrees to renovate the Commons but they want to do so for contradictory reasons? Easley also shares his research about bitcoin transaction fees and then sheds some light on what it is like to work with one’s spouse; Easley’s spouse is Maureen O’Hara, who was previously featured on Present Value! Links from the Episode at presentvaluepodcast.com Episode Article: David Easley on financial contagion and the effect of contradictory beliefs on market optimality Faculty Page: David Easley - College of Arts and Sciences, Cornell MOOC: Networks, Crowds and Markets (edX online course) Book: Networks, Crowds and Markets: Reasoning About a Highly Connected World (amazon link)
In this episode, podcast host and author of “Control Your Retirement Destiny” covers Chapter 3 of the 2nd edition of the book titled, “Social Security.” If you want to learn even more than what there is time to cover in the podcast series, you can find the book “Control Your Retirement Destiny” on Amazon. Or, if you are looking for a customized plan for your retirement, visit us at sensiblemoney.com to see how we can help. Chapter 3 – Podcast Script Hi, this is Dana Anspach, the founder and CEO of Sensible Money, a fee-only financial planning firm. I’m also the author of the books Control Your Retirement Destiny and Social Security Sense. CYRD was initially published in 2013, and the 2nd edition came out in 2016. Why a 2nd edition? Well in Nov. 2015, some of the Social Security laws changed. The 2nd edition incorporates all these changes. The good news is that in this podcast, where we cover Chapter 3 on Social Security, everything we’ll talk about uses current rules. And, even better news, the book has incredible 5-stars reviews on Amazon. If you like what you hear today, go to Amazon and search for Control Your Retirement Destiny. And if you are looking for a customized plan, visit sensiblemoney.com to see how we can help. Ok, let’s get started. In this podcast, I’ll be covering the highlights from Chapter 3 on the topic of “Social Security.” ---- I never set out to be an expert on Social Security. So how did it happen? From 2008 to 2017, I wrote an online advice column called MoneyOver55. My most popular topic was Social Security. I had so much content online on this topic that email questions came pouring in, not only from consumers but also from other financial professionals. To this day, many of my colleagues call or email me with Social Security questions. While I was working on revising this chapter for the 2nd Edition of this book, I received one of those calls. It was from a friend of mine, a financial planner in Colorado. She had a client, whom we’ll call Diane. Diane is a widow. Her husband, Paul, had passed away at 57. Diane is now age 62. She is no longer working - but she had worked for most of her life. Here’s how SS works for Diane. She is eligible for either her own Social Security retirement benefit, or a survivor benefit, which will be based on her deceased husband Paul’s work record. Diane wasn’t exactly sure how it all worked, but she heard that she could collect a survivor benefit as early as age 60. Naturally, at 60 she went to the Social Security office to learn more. They told her she could collect this survivor benefit now, but that she would get more if she waited until age 62. Technically this was true. Just before her 62nd birthday she went back to her local Social Security office. They told her now that she was 62 she could collect her own retirement benefit amount, which would be $1,791 a month. But they also said if she waited until 66 she could collect a widow benefit based on Paul’s Social Security, which would be $2,706 per month. (This higher widow benefit is based on the amount Paul would have received if he had lived and filed at his age 66). Technically this information they provided to her was also true. So, what was the problem with this information given to Diane? If Diane decides not to do anything and to wait and claim a widow benefit at her age 66, she will forfeit up to $200,0000 that she can get over her lifetime. This $200,000 is measured in today’s dollars. $200,000! How can she get so much more? There are claiming strategies that the workers at the local Social Security office were not aware of. It’s not their fault. It takes years to understand all the claiming choices available - and this is not what your Social Security office worker is trained to do. So what can Diane do to get $200,000 more? Well, normally when you file for Social Security benefits you are deemed to be filing for all benefits you are eligible for. Diane is eligible for her own retirement benefit or a survivor benefit. It makes sense that the Social Security office will check and see which one will pay her more if she files right now. But, widows and widowers have a very special option – they can file something that I call a restricted application. This means they can CHOOSE to apply for only one benefit type – either their own or the survivor benefit – and that preserves their option to later switch to the other benefit type. “Whoa,” you might be thinking. This sounds complicated. It is. Let’s put some numbers to it. At age 60, if Diane would have filed for her survivor benefit she would have gotten $1,767 per month. She didn’t because they told her she could get more by waiting until age 62. At 62, she can get $2,025 per month as a survivor benefit. When she files, if she restricts her application to only that benefit type, her own retirement benefit remains untouched. Now, she collects $2,025 per month, her survivor benefit amount, plus inflation adjustments, all the way to age 70. At age 70, she files for her own benefit which by then, will be $3,674 per month. Now let me clarify. She doesn’t get both her survivor benefit and her retirement benefit at the same time. At age 70, when she begins to receive her $3,674 monthly retirement benefit, her survivor benefit stops. And why is her own benefit so much at age 70? Because you get a lot more per month if you wait until age 70 to start benefits. In her case, it works well, because while she is waiting until she is able to collect on the survivor benefit. Following a claiming plan puts a lot more money in Diane’s pocket over her retirement years. This is just one example of how knowing the rules can increase your retirement income. The rules we just talked through, that apply to Diane’s situation apply to all widows and widowers. In this podcast we’re going to cover more rules for survivors. In addition, we’ll cover the following: something called your Full Retirement Age, a special rule that applies to government workers, rules for ex-spouses, what happens if you continue working while receiving benefits, and last, we’ll look at how Social Security benefits are taxed. And believe it or not, we’re going to cover it all in about 15 – 20 minutes. We’ll start by looking at survivor benefits. In the last podcast on Chapter 2, we introduced a couple, Wally and Sally, whom we follow throughout the book. Wally and Sally have a few Social Security choices that they were not aware of. In version one of their retirement plan, they planned to retire at ages 65 and 63, and each planned to start their own Social Security retirement benefits right away. Can they do better? Yes. Wally and Sally are making a classic mistake in how they look at Social Security. They are each looking at their own benefits independently of each other. They do not understand how survivor benefits work. Because so many married couples don’t understand how survivor benefits work, many older widowed Americans have a monthly income much lower than it could have been. We don’t want that to happen to Wally and Sally. And I don’t want that to happen to you either. Here’s what Wally and Sally need to know. When one of them passes, the survivor continues to receive the larger of either benefit amount. So if Wally passes, and his monthly check was bigger than Sally’s, then Sally can continue to get Wally’s check and her check stops. You don’t receive a survivor benefit in addition to your own benefit. For married couples, this can be very powerful. If you file for benefits early, at age 62, you get a reduced monthly amount for life. This means a reduced survivor benefit also. If you wait and file for benefits at age 70, you get a much larger monthly amount. This larger amount is now the survivor benefit for either spouse. Wait, you might say, “I can’t afford to wait until age 70.” That’s what Wally and Sally thought. Wally and Sally didn’t know that they could save money in taxes and get more Social Security if they took money out of their IRA starting at age 65 while having Wally wait until age 70 to begin his Social Security retirement benefit. By doing this, the survivor benefit at Wally’s age 85 is projected to be $48,000 a year. If Wally starts his benefits at age 65, as he originally planned, the survivor benefit at age 85 is only $34,000 a year. That’s a big difference. And, in the meantime, they don’t have to scrape by! They can withdraw a little extra from their IRA – because later they’ll have a larger Social Security benefit later, and need a little less from the IRA later. How much of a difference does this make for Wally and Sally? In the case study in the 2nd Edition of the book, if Wally and Sally each claim benefits the year they retire, over 20 years they estimate they’ll receive about one million four hundred and seventy-five thousand in total Social Security benefits. What happens if they follow a special claiming plan? They get one million seven hundred and thirty-six thousand over that same 29 years. That’s $260,000 more total dollars from Social Security over their projected lifetimes. Granted, that’s $260,000 stretched out over almost thirty years. To be mathematically correct, we must translate that number into today’s dollars. This is a concept called “Present Value”. A dollar twenty years from now is not worth as much as a dollar today – so present value is a math formula that translates dollars in the future back to what they would be worth today. In today’s dollars, following a delayed Social Security plan is worth over $100,000 to Wally and Sally. Wally and Sally’s case, and Diane’s that we went over earlier, are just two examples of how a smart plan can help you get more out of Social Security. There are many rules to consider. And, in November 2015, some of the rules changed. For example, if either you or your spouse, were born on or before January 1, 1954, you need to take a close look at your ability to use something called a restricted application for spousal benefits. The Wally example in the 2nd edition of the book was born March 15, 1952, so this special rule applies to him – and while he delays his own retirement benefits he is actually able to collect a spousal benefit! Pretty cool. For the 3rd edition of CYRD, which I am currently working on, Wally will be born two years later, and the new case study will reflect an updated plan for people that are not eligible for this type of restricted application. Now let’s move on and talk about Full Retirement Age. Many Social Security rules hinge around this magic age. And it varies based on your date of birth. For those born January 2, 1943, to January 1, 1954, your Full Retirement Age is 66. If you’re born outside that range, you can look up a Full Retirement Age chart on the Social Security.gov website, or find it in either my Control Your Retirement Destiny or Social Security Sense books. There are many reasons why Full Retirement Age is so important. If you start benefits before Full Retirement Age, your benefit amount is reduced. If you start benefits after Full Retirement Age you get an increase that is called a delayed retirement credit. If you were born on or before 1/1/1954 Full Retirement Age also impacts your ability to file a restricted application. If you are born before 1954 and divorced and want to file for a spousal benefit on your ex-spouse’s earnings record, while preserving your ability to later file for your own retirement benefit, then you should not file until you reach your Full Retirement Age. Full Retirement Age also impacts your ability to work and receive you Social Security benefits. For example, if you start your benefits before Full Retirement Age, you will be subject to something called the earnings limit. That means if you earn too much money, some of your Social Security benefits must be paid back. What is too much? In 2018, the earnings limit is $17,040 per year or $1,420 per month. This limit is indexed to inflation so it usually increases each year. There is also a special rule, and a much larger earnings limit that applies during the calendar year that you attain Full Retirement Age. The good news - Once you reach Full Retirement Age, you can earn any amount and collect your Social Security. Yippee! Another rule I must cover is a rule that impacts many teachers, law enforcement officers, firefighters, postal workers, and other folks who may work for a government agency. If you work for an agency that has its own pension system AND you do not contribute to Social Security, you are unlikely to get the amount of benefits that show up on your statement. For those of you in this situation, the technical terms for the rules that apply to you are the Windfall Elimination Provision, and the Government Pension Offset. Since you don’t pay into the Social Security system there are special rules in place to prevent what is called double-dipping. However, many people have worked at jobs where they did pay into Social Security, and then worked for an agency where they don’t pay in. This is fine. The problem is when this situation occurs, the numbers you see on your Social Security statement are probably not accurate. Too many people in this situation see the numbers on their statement and naturally assume they’ll receive that plus their pension. If you have years of work under a system where you didn’t pay in to Social Security, don’t count on what you see on your Social Security statement. Now, on to ex-spouse’s. A few minutes ago, I mentioned the ability to file for a spousal benefit based on an ex-spouse’s work record. Here’s how it works. If you have a marriage that was at least 10 years in length, both spousal and survivor benefits are available based on your ex’s work record. This does not reduce the benefit they receive. And, if your ex has remarried, it does not impact their new spouse’s ability to get spousal or survivor benefits. Crazy huh? You know what this means? If someone was married 5 times for 10 years each, they could have 5 ex’s all collecting a spousal benefit. These spousal benefits are usually most applicable to you if you didn’t work much, or if you were born 1/1/1954 or earlier. The last topic to cover in this podcast episode is how Social Security benefits are taxed. Here’s how it works - If Social Security is your only source of income, you pay NO taxes on it. That sounds great. Except, if you’re like most people, you’d prefer to have other income in addition to Social Security. If you have other sources of income, up to 85% of your benefits may become subject to federal income taxes. I say up to 85% because, well, we’re talking about the IRS here, and it’s not simple. Your income flows into a formula – and the formula spits out the portion of your benefits that will be taxed. Because of how it all works, with smart planning, many middle income retirees with savings of less than $1M, may be able to pay a lot less in taxes by drawing out of their IRA first, and waiting until age 70 to begin Social Security. We’ve now covered widow and survivor benefits, your Full Retirement Age, the earnings limit, what to watch out for if your work for an entity where you don’t pay into SS, rules for ex-spouses and we’ve briefly looked at how benefits are taxed. Please, don’t take anything I’ve said as personal advice. The rules are complex and the right choice for you depends on a lot of factors. Hopefully, you’ve learned there may be more to look into before making an off the cuff decision. In the Chapter 4 podcast, we dive deeper into taxes, and look at how Wally and Sally can reduce their tax bill in retirement. ----- Thanks for joining me for this podcast summarizing Chapter 3 of Control Your Retirement Destiny. To learn more, get a copy of the book on Amazon, or to work with a professional retirement planner to put together your own customized plan, visit us at SensibleMoney.com.
Welcome to the Broken Pie Chart Podcast Episode 11. In this episode Derek Moore discusses how changes in interest rates affect not only obvious things like car loans and home loans but also potential stock market and stock valuations. How does a higher discount or interest rate change the present value of earnings? Key Takeaways: • How Do Higher Interest Rates Potentially Affect Stock Valuations? • What is the Discount Rate? • How Do Interest Rates Affect the Value of Future Earnings or Cash Flows from Companies? • How Do Interest Rates Affect the Present Value of Payments? • Why Net Present Value Changes Depending on Higher Discount or Interest Rates • Comparing the Value of Future Earnings Across Various Interest Rates • Difference in Home and Car Loan Payments Depending on Interest Rates • Fundamental Analysis and Interest Rates • What is Free Cash Flow? • How the Fed Keeping Rates Low Encouraged Investments That Otherwise Wouldn’t Qualify • Interest Rates Rising Effect on Bonds Mentioned in this Episode: Broken Pie Chart Book by Derek Moore https://amzn.to/2MibTSk Buffett Indicator https://razorwealth.com/the-buffett-indicator-explained/
This lecture is driven by an initial question: what does it mean that Amazon is now a trillion dollar company? I discuss: Balance Sheets, Present Value, Wisdom of Crowds, Statistics, Amazon, Nike, Supply and Demand, micro economics, Discounting Cash Flows, AI, autonomous vehicles, and lots more. --- Support this podcast: https://anchor.fm/mba-asap-podcast/support
We welcome Manoj Thomas to Present Value this month! Thomas holds the Breazzano Family Term Professorship of Management at Johnson. He earned a Bachelor of Electrical Engineering from the National Institute of Technology in India, an MBA from the Indian Institute of Management, and a PhD in marketing from the Stern School of Business at NYU. His research focuses on consumer behavior and the motivations behind purchasing decisions. In this episode, we discuss pitfalls in the traditional economic model of human behavior, why people will pay 3X more for 100 calorie cookie packs, and how credit cards affect our purchasing behavior at the grocery store. Listen and subscribe now! Links from the Episode at presentvaluepodcast.com Faculty Page: Manoj Thomas - Johnson, Cornell Personal Website: manojthomascornell.blogspot.com
We welcome Mukti Khaire to Present Value this month! Mukti is the Girish and Jaidev Reddy Professor of Practice at Johnson. Originally from India, Mukti holds a B.S. in microbiology and an M.S. environmental science from the University of Pune, and a Master of Management from the Indian Institute of Technology in Mumbai. Her research focuses on value construction for cultural goods. Tune in as we discuss the vital role creators, producers, and intermediaries play in creative industries, fake news, and why consumers should be wary of online reviews. Listen and subscribe now! Links from the Episode at presentvaluepodcast.com Faculty Page: Mukti Khaire - Cornell Tech, Cornell Book: Culture and Commerce: The Value of Entrepreneurship in Creative Industries (Amazon link)
Robert Hockett joins us on Present Value this month! Hockett is the Edward Cornell Law Professor at Cornell Law School, a Fellow at The Century Foundation, and Senior Counsel for Westwood Capital. We dive into Modern Monetary Theory, learn about his educational journey from Kansas, to Oxford, back to Kansas, to Yale, and discuss his new private equity venture that aims to help employees become shareholders of the companies they work for. Links from the Episode at presentvaluepodcast.com Faculty Page: Robert Hockett - Edward Cornell Professor of Law, Cornell Law School Research: SSRN Page
How to Present Value Over Price In Your Contracting Business and what is really the perceived value as opposed to your pricing structure and how that affects your profitability. I’m going through a checklist that will help you raise the perceived value of your business so that you can charge more. Making more profit at the time of sales and how to do that effectively, because if your customers don’t know the additional things that you have for sale, you’re both missing the boat. What are your other services how do you present them to your customers? Selling value is a way of positioning your company in all of your marketing. Make sure you provide a value proposition on the services you provide and why you’re different than any other contractor in your trade or niche. Using a funnel of great marketing to attract clients like this is the way to go. Basically, you are preparing them with information in the form of a recorded message or report. It really doesn’t matter what your competition is charging because if you set yourself apart from them as a value base business as opposed to price, your way ahead of the game and you’re going to leave your competition in the dust. With the value building system from this checklist, I’m going to give you a few secrets then you will attract clients that are used to paying a premium for real value. So in reality, raising the bar on perceived value teaches you that value is everything. Here are a few ways that you can go after your customer by raising the perceived value your customer has of your company. Some of these are pretty simple and you may be doing some these right now. If you are great! But some of these you may have never even considered doing so pay attention, I will go to this list fairly quickly. Makes sure your vehicle and your equipment are in pristine shape. Be clean and organized because you’re making an impression on your new clients and it needs to be a good one. 2.Make sure that you, your technicians and your helpers are well groomed and well dressed. Offer a courtesy call if you’re running behind. This shows you are cognizant of your prospect or customer’s time, that it’s valuable and the only thing that cannot be replaced. Answering the phone when it rings and not let it go to voicemail whenever possible. People are calling for a reason and when they want to talk to you and they want to know about your services. 5. Next, if you have a website for your business make sure as a modern look and feel to it. It’s your face in the marketplace. Be aware of what your customers want, research and find out how you can give those to your customer or make them available for them because today’s consumer is very well educated. 7. Educate your prospects and your customers about all the service you provide and why they can trust you. The key is education. 8. When you’re going into some one’s home always clean up after yourself, sweep, vacuum and put things away. Always make it better than when you got there. Another important thing is to leave a sheet of some aftercare things that you might do. Little things like that which no one else does set your company apart and are another thing that shows your professionalism. 10. Another thing you might consider that sets you apart from your competition and puts you out front as the leader in your marketplace is to have your workers wear booties. 11. Using drop clothes when you can. I’ll sometimes be painting and will run a drop cloth through the house to the place we are painting so that we are done we just roll up and clean up as we go. These are just some things that will help you increase profits during your busy season. If you can get all this in place now, you just might now might just have your most profitable slow season ever. There are so many ways to do almost free marketing you just have to think about it or you could just go to the website and pick up the free download. 4 Hot Marketing Strategies That Can Flood Your Business with Customers If you have a story to tell and would like to be a guest on this podcast email my assistant Shell at Shell@contractorssecretweapon.com and she will send you our guest sheet. Our sponsors Would you like your phone to ring more with qualified buyers people looking to buy now? Then let’s make that happen. Best Home Services Leads is dedicated to making your phone ring with qualified buyers wanting to buy now. Go to and fill out the form to get more information. http://contractorssecretweapon.com/money How about 100 free postcards sent out to your best prospective customers. Radius Bomb sends out hyper targeted, laser focused postcards using a map while sitting in your under ware at your kitchen table then go to http://contractorssecretweapon.com/radiusbomb Painting Contractors, get up to a 24% better response rate just for having the right memorable telephone number 1-800-PRO-PAINTER.Check out your area before
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This lecture starts with a discussion of leverage ratio with an example from Lehman Brothers. The lecture then covers inflation, real and nominal rate of return, trading frequency, the framework for valuation with an example of a coupon bond.
This lecture covers examples on calculating net present value, comparing perpetuities and annuities, and conventions for compounding.
This lecture presents the definition of an asset as a sequence of current and future cash flows, and the implications of that definition. Valuation of cash flows is presented in the context of time, certainty, and the present value operator.
In today's program, Claire Candy Hough and he angelic family, The Posse of Angels will share messages and insights on how we can all bring any negative illusions of our pasts into Divine alignment for the betterment of ourselves, others and the ascension and well-being of our Planet. Claire Candy Hough is a Reiki Master/Teacher, Angel Practitioner, international radio host on Angel Healing House Blog Talk Radio http://www.blogtalkradio.com/angel-healing-house, writer and Author of "Angels of Faith" http://www.angelhealinghouse.com/angels-of-faith-book/ and “One True Home – Behind the Veil of Forgetfulness” http://www.angelhealinghouse.com/books/ and “I Am an Angelic Walk-In”. She communicates directly with her angelic family, 'The Posse of Angels'. Through her international business Angel Healing House http://www.angelhealinghouse.com/ Claire Candy provides healing, empowerment and direction in a loving, honest and no-nonsense manner. Her clients receive very practical advice to positively and proactively transform their lives to peace, joy and self-love. Be Prepared to be Inspired, Enlightened and Uplifted!!!
In today's program, Claire Candy Hough and he angelic family, The Posse of Angels will share messages and insights on how we can all bring any negative illusions of our pasts into Divine alignment for the betterment of ourselves, others and the ascension and well-being of our Planet. Claire Candy Hough is a Reiki Master/Teacher, Angel Practitioner, international radio host on Angel Healing House Blog Talk Radio http://www.blogtalkradio.com/angel-healing-house, writer and Author of "Angels of Faith" http://www.angelhealinghouse.com/angels-of-faith-book/ and “One True Home – Behind the Veil of Forgetfulness” http://www.angelhealinghouse.com/books/ and “I Am an Angelic Walk-In”. She communicates directly with her angelic family, 'The Posse of Angels'. Through her international business Angel Healing House http://www.angelhealinghouse.com/ Claire Candy provides healing, empowerment and direction in a loving, honest and no-nonsense manner. Her clients receive very practical advice to positively and proactively transform their lives to peace, joy and self-love. Be Prepared to be Inspired, Enlightened and Uplifted!!!
I've long-stated that the government of the United States is completely insolvent. And that is 100% true statement. The government's own numbers show that official liabilities, including debt held by the public and federal retirement benefits, total $20.7 trillion. Yet the government's assets, including the value of the entire federal highway system, the national parks, cash balances, etc. totals just over $3 trillion. In total, their ‘net worth' is NEGATIVE $17.7 TRILLION… a level that completely dwarfs the housing crisis. If you include the government's own estimates of the Social Security shortfall, this number declines to NEGATIVE $60 TRILLION. And it gets worse every year. Now, is this balance sheet an accurate reflection of reality? Do we really trust the bean counters to tell us what the United States of America is really worth? Surely there must be significant intrinsic value to the United States military, for example. Or the US government's ability to collect taxes. Or what about the value of all the natural resources underground? These must all be HUGELY positive and would swing the government's net worth back in the right direction. Guess again. The US military is certainly one of the best-trained and most effective forces in history. But it's difficult to place a substantial value on it when the government can no longer afford to use it. And even when they do use it, the overall cost of doing so is negative. The wars in Iraq and Afghanistan have cost the taxpayers $4 trillion. But where's the financial benefit? Aside from a few defense contractors profiting handsomely, the Chinese got most of the oil. ISIS ended up with much of Iraq. And Iran made out like a bandit, with the US government taking out its most threatening neighbors free of charge. Mission accomplished. Bottom line, even the best asset in the world can end up being a big liability if it's used improperly. So what about the tax authority of the US government? If Uncle Sam can collect $3 trillion in tax revenue each year, surely that must count as a huge asset. And it absolutely is. If you conduct a Present Value calculation of the future tax revenue of the US government discounted by the official 2% rate of inflation, the US government's ability to tax its citizens is ‘worth' $150 TRILLION. But... if you're going to count the government's tax authority as an asset, you have to be intellectually honest and consider the expenses as liabilities. Think about it: yes, the government brings in tax revenue every single year. But for nearly every year over the last seventy years, they've spent far more money to deliver on the promises they've made to their citizens. Those promises are liabilities. And given the government's spending history since the end of World War II, the liabilities far exceed the tax authority asset. More importantly, though, isn't it a little bit scary to consider that the government's #1 asset is its ability to steal money from you? Or that the only way the government can make its liabilities go away is by defaulting on the promises it has made to its citizens? That's their only way out: steal from you, and default on you. Join me in today's very sobering (and inspiring) podcast as we dive deep into the government's own numbers and discover the truth… and what you can do about it.
I’ve long-stated that the government of the United States is completely insolvent. And that is 100% true statement. The government’s own numbers show that official liabilities, including debt held by the public and federal retirement benefits, total $20.7 trillion. Yet the government’s assets, including the value of the entire federal highway system, the national parks, cash balances, etc. totals just over $3 trillion. In total, their ‘net worth’ is NEGATIVE $17.7 TRILLION… a level that completely dwarfs the housing crisis. If you include the government’s own estimates of the Social Security shortfall, this number declines to NEGATIVE $60 TRILLION. And it gets worse every year. Now, is this balance sheet an accurate reflection of reality? Do we really trust the bean counters to tell us what the United States of America is really worth? Surely there must be significant intrinsic value to the United States military, for example. Or the US government’s ability to collect taxes. Or what about the value of all the natural resources underground? These must all be HUGELY positive and would swing the government’s net worth back in the right direction. Guess again. The US military is certainly one of the best-trained and most effective forces in history. But it’s difficult to place a substantial value on it when the government can no longer afford to use it. And even when they do use it, the overall cost of doing so is negative. The wars in Iraq and Afghanistan have cost the taxpayers $4 trillion. But where’s the financial benefit? Aside from a few defense contractors profiting handsomely, the Chinese got most of the oil. ISIS ended up with much of Iraq. And Iran made out like a bandit, with the US government taking out its most threatening neighbors free of charge. Mission accomplished. Bottom line, even the best asset in the world can end up being a big liability if it’s used improperly. So what about the tax authority of the US government? If Uncle Sam can collect $3 trillion in tax revenue each year, surely that must count as a huge asset. And it absolutely is. If you conduct a Present Value calculation of the future tax revenue of the US government discounted by the official 2% rate of inflation, the US government’s ability to tax its citizens is ‘worth’ $150 TRILLION. But... if you’re going to count the government’s tax authority as an asset, you have to be intellectually honest and consider the expenses as liabilities. Think about it: yes, the government brings in tax revenue every single year. But for nearly every year over the last seventy years, they’ve spent far more money to deliver on the promises they’ve made to their citizens. Those promises are liabilities. And given the government’s spending history since the end of World War II, the liabilities far exceed the tax authority asset. More importantly, though, isn’t it a little bit scary to consider that the government’s #1 asset is its ability to steal money from you? Or that the only way the government can make its liabilities go away is by defaulting on the promises it has made to its citizens? That’s their only way out: steal from you, and default on you. Join me in today’s very sobering (and inspiring) podcast as we dive deep into the government’s own numbers and discover the truth… and what you can do about it.
In this lecture we move from present values to dynamic present values. If interest rates evolve along the forward curve, then the present value of the remaining cash flows of any instrument will evolve in a predictable trajectory. The fastest way to compute these is by backward induction. Dynamic present values help us understand the returns of various trading strategies, and how marking-to-market can prevent some subtle abuses of the system. They explain how mortgages work, why they're called amortizing, and what is meant by the remaining balance. In the second half of the lecture we turn to an important application of present value thinking: an analysis of the troubles facing the Social Security system.
Philosophers and theologians have railed against interest for thousands of years. But that is because they didn't understand what causes interest. Irving Fisher built a model of financial equilibrium on top of general equilibrium (GE) by introducing time and assets into the GE model. He saw that trade between apples today and apples next year is completely analogous to trade between apples and oranges today. Similarly he saw that in a world without uncertainty, assets like stocks and bonds are significant only for the dividends they pay in the future, just like an endowment of multiple goods. With these insights Fisher was able to show that he could solve his model of financial equilibrium for interest rates, present value prices, asset prices, and allocations with precisely the same techniques we used to solve for general equilibrium. He concluded that the real rate of interest is a relative price, and just like any other relative price, is determined by market participants' preferences and endowments, an insight that runs counter to the intuitions held by philosophers throughout much of human history. His theory did not explain the nominal rate of interest or inflation, but only their ratio.
While economists didn't have a good theory of interest until Irving Fisher came along, and didn't understand the role of collateral until even later, Shakespeare understood many of these things hundreds of years earlier. The first half of this lecture examines Shakespeare's economic insights in depth, and sees how they sometimes prefigured or even surpassed Irving Fisher's intuitions. The second half of this lecture uses the concept of present value to define and explain some of the basic financial instruments: coupon bonds, annuities, perpetuities, and mortgages.
In this lecture we move from present values to dynamic present values. If interest rates evolve along the forward curve, then the present value of the remaining cash flows of any instrument will evolve in a predictable trajectory. The fastest way to compute these is by backward induction. Dynamic present values help us understand the returns of various trading strategies, and how marking-to-market can prevent some subtle abuses of the system. They explain how mortgages work, why they're called amortizing, and what is meant by the remaining balance. In the second half of the lecture we turn to an important application of present value thinking: an analysis of the troubles facing the Social Security system.
While economists didn't have a good theory of interest until Irving Fisher came along, and didn't understand the role of collateral until even later, Shakespeare understood many of these things hundreds of years earlier. The first half of this lecture examines Shakespeare's economic insights in depth, and sees how they sometimes prefigured or even surpassed Irving Fisher's intuitions. The second half of this lecture uses the concept of present value to define and explain some of the basic financial instruments: coupon bonds, annuities, perpetuities, and mortgages.
Philosophers and theologians have railed against interest for thousands of years. But that is because they didn't understand what causes interest. Irving Fisher built a model of financial equilibrium on top of general equilibrium (GE) by introducing time and assets into the GE model. He saw that trade between apples today and apples next year is completely analogous to trade between apples and oranges today. Similarly he saw that in a world without uncertainty, assets like stocks and bonds are significant only for the dividends they pay in the future, just like an endowment of multiple goods. With these insights Fisher was able to show that he could solve his model of financial equilibrium for interest rates, present value prices, asset prices, and allocations with precisely the same techniques we used to solve for general equilibrium. He concluded that the real rate of interest is a relative price, and just like any other relative price, is determined by market participants' preferences and endowments, an insight that runs counter to the intuitions held by philosophers throughout much of human history. His theory did not explain the nominal rate of interest or inflation, but only their ratio.
Seventeen Points on why the believer is not under the Law. Part 2. Friday, April 4, 2008 Point 7. Seventeen Points from the book of Galatians on Why the Believer is Not Under the Law. a. If the believer is under the Law, it makes Christ a minister or partner with sin, GAL 2:17. b. The believer has died to the Law, GAL 2:19. c. A believer has received all the benefits of the Holy Spirit through faith, GAL 3:1-5. d. The Law Brings Nothing but Condemnation, GAL 3:10-14. e. God's promised blessings to Abraham, of which Abrahamic root all believers partake of, (Rom 11), precede or came before the giving of the Law, therefore, the law cannot be a prior claim, GAL 3:15-17. f. The Law has no power to give life or to sustain life, GAL 3:21. g. The Law is intended only for the immature, while positionally, believers are full-grown sons, GAL 3:23-4:7. h. The Law is a bondage to the believer, GAL 4:9. i. Law and grace are mutually exclusive principles; therefore, choose one or the other, GAL 4:21-31. The son by the bondwoman [Ishmael] was born according to the flesh [human plans and ingenuity]. The son by the free woman [Isaac] through the promise [of God or divine ingenuity or power]. The child of the slave woman, Hagar, was born according to the flesh and had an ordinary birth; the son of the free woman, Sarah, was born in fulfillment of the promise. The two births represent two ways of being in relationship with God. One is from Mount Sinai in Arabia. These two women represent two covenants. One covenant originated from Mount Sinai, where the Law was given, and bears children destined for slavery; this is Hagar. Hagar stands for Mount Sinai in Arabia, and she corresponds to and belongs in the same category with the present Jerusalem, for she is in bondage together with her children. The Jerusalem above refers to the Messianic kingdom of Christ. There is an invisible Jerusalem, a free Jerusalem, and she is our mother - this is the way of Sarah. For the desolate woman has many more children than she who has a husband. ISA 54:1 the children of the barren woman now surpass the children of the chosen woman. We are children, not by physical descent, as was Ishmael, but like Isaac, born in virtue of promise. Just as at that time the child of ordinary birth (Ishmael), born according to the flesh despised and persecuted him who was born remarkably according to the promise and the working of the Holy Spirit, so it is now also,GEN 21:9. Isn't it clear that the harassment you are now experiencing from the Jerusalem heretics follows that old pattern? Cast out and send away the slave woman and her son, for never shall the son of the slave woman be heir and share the inheritance with the son of the free woman, GEN 21:10. We who are born again are not children of a slave woman, the natural, but of the free, the supernatural. j. The believer has an abiding freedom in Christ, GAL 5:1. k. The believer must keep all the law, if he would attempt to keep even part of it, and that is an impossibility, GAL 5:2-4. When you attempt to live by your own religious plans and programs, you are cut off from Christ and you fall out of grace. i. The persuasion to put the believer under the Law is not from God, GAL 5:8. j. Legalism of the believer does away with the offense of the cross, GAL 5:11. k. All the Mosaic Law is fulfilled by the Holy Spirit, GAL 5:16-24. What is the flesh? It is the human nature without God. Live freely, animated and motivated by God's Spirit, and then you won't feed the compulsions of selfishness. The desires of the flesh are opposed to the Holy Spirit, and the desires of the Spirit are opposed to the flesh, the godless human nature. For there is a root of sinful self-interest in all of us that is at odds with a free spirit, just as the free spirit is incompatible with selfishness. There are no rewards and no blessings of their divine inheritance because they are loser believers who will be filled with shame and embarrassment at the Judgment Seat of Christ, 1JO 2:28. The fruit of the Holy Spirit is the work which His presence within accomplishes in our lives. l. The life of the believer must be sustained on the same principle as his new birth or regeneration, GAL 5:25. m. The believer's proneness to sin calls for his dealing with grace, not dealing according to the Law, GAL 6:1-5. n. All who advocate the law for the believer cannot keep it themselves, and their intention is ultimate glory in the flesh, GAL 6:13. Point 8. The Basic Law the Church-age Believer Is Under. a. The perfect law of liberty. Many people think that the law of liberty is some sort of “see you later God” type of lifestyle. The law of liberty is a reference to the freedom we have to serve the Lord not the freedom we have to sin. The law of liberty means that no one else has the right to tell you how to live your life. The word liberty is defined as the state of being exempt from the dominion of others or from restricting circumstances. The law of liberty is not carnality. Grace is not a way of escaping obedience to God; it is the only way in which true obedience can be achieved. b. Then there is the law of love. The law of liberty is directed toward self. The law of love is directed toward others. The liberty and the freedom that believers have is revealed by the love that they have for others. c. The law of expediency. The law of expediency = in order for the gospel to be made clear and that false issues do not come in and sidetrack the gospel, it is expedient that certain types of procedure be followed. This law takes into consideration the danger to the believer's own life in the matter of personal habits or trends and the responsibility to others in the matter of edification. When considering the law of expediency we do not ask what harm is there in this or that? But rather what is the good in that which I am doing? EPH 5:15 Therefore be careful how you walk, not as unwise men, but as wise, d. Then there is the law of supreme sacrifice. Paul in 1CO 9:12 illustrated this when he said he could not get married because of the nature of his ministry. Point 9. The Present Purpose of the Mosaic Law in the Church-age. Point 10. The Present Value of the Mosaic Law. Point 11. The Spiritual Freedom of the Church Inside the PPOG Exceeds Any Freedom Defined by the Mosaic Law. Point 12. The Pre-salvation Function of the Mosaic Law. Point 13. The Mosaic Law Defines the Enmity Between God and Man. Point 14. Salvation Is Not by Keeping the Law, GAL 2:16. Point 15. Keeping the Law Is Also Not Spirituality, 1Co 13; ROM 8:2-4; GAL 5:18,22-23. Point 16. Nomenclature for the Mosaic Law. Point 17. The past Purpose of the Mosaic Law in the Jewish-age. Point 18. The Mosaic Law and the Dispensation of the Hypostatic Union.
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