Podcasts about Risk management

In this episode, the host interviews Brad Allen, an Amazon seller and entrepreneur, about his journey from eBay and retail arbitrage to building a successful Amazon FBA business. Brad shares how he sourced high-end European skincare products, overcame a major account suspension and $400,000 debt, and transitioned to private label. He highlights the importance of active business management, cash flow planning, and creativity. The episode concludes with actionable advice for Amazon sellers: stay hands-on, manage inventory and finances wisely, and innovate to stand out in the marketplace.Chapters:Introduction and Account Suspension (00:00:00)Brad is introduced; discusses his Amazon account suspension and overcoming $400K in debt.Early E-commerce Journey (00:00:33)Brad shares his start with eBay in childhood, selling household items, and his early exposure to e-commerce.Discovering Amazon FBA (00:01:11)Learns about Amazon FBA in 2012, transitions from eBay, and begins retail arbitrage with toys and other products.Corporate Career and Realization (00:02:19)Describes unfulfilling corporate jobs, getting fired, and joining a friend's epoxy flooring business in Ohio.Entrepreneurial Mindset Shift (00:03:34)Realizes he enjoys working for himself, which reignites his interest in e-commerce and Amazon.Deep Dive into Retail Arbitrage (00:04:36)Explores flipping products from eBay to Amazon, focusing on high-end skincare, and develops sourcing systems.European Skincare Arbitrage Strategy (00:06:45)Discovers sourcing high-end European skincare from overseas retailers, imports to the US, and sells on Amazon.Scaling and Living Abroad (00:08:54)Business grows; Brad moves to Buenos Aires and Africa, living a digital nomad lifestyle while running the business.Amazon Account Suspension Details (00:10:04)Explains the cause of his Amazon suspension—authenticity complaints and inability to provide manufacturer receipts.Lessons from Suspension and Financial Struggles (00:11:05)Discusses lessons learned: importance of active management, risk-taking, and not being complacent in business.Advice on Growth and Risk (00:11:48)Emphasizes reinvesting profits, financial planning, and the need for risk tolerance as an entrepreneur.Financial Intelligence and Risk Management (00:13:57)Stresses forecasting, living below means, and being prepared for the ups and downs of entrepreneurship.Three Actionable Takeaways (00:14:11)Host summarizes: 1) Active management and planning, 2) Cash flow and inventory management, 3) Creativity in the Amazon marketplace.Episode Wrap-up (00:16:43)Host thanks Brad, hints at a future episode, and closes the interview.Links and Mentions:Tools and Websites  EZSniperActionable Takeaways  Set an Annual Plan for Your Business: 00:14:11  Cash Flow Management: 00:15:04  Bring Creativity to the Amazon Marketplace: 00:16:15Transcript:Josh 00:00:00  Today I am super excited to introduce you to Brad Allen. I met him at Kevin King's, $1 Billion Seller summit, and he's going to have a lot of knowledge to share with us. I'm going to dive in like immediately to what was mentioned in your bio. You had your account suspended. You had you ran into 400 K of debt and loans, but you've kind of come out the other end and you're you're crushing it right now on Amazon. So tell me, Brad, what happened with the account suspension?Brad 00:00:33  So I, I was doing, retail arbitrage and I got, I got really into it. it it was actually kind of unique. It started off, where I was, I, I was really into eBay growing up, so I was always selling stuff, just like as a kid throughout the house, whether it was mine or not. I was grabbing, like, antiques from the basement and, like, selling stuff out of the garage. And I think that's where I got kind of, you know, introduced to e-commerce and kind of obsessed so that that kind of was always on the side.Brad 00:01:11  And I was doing that through grade school, high school, and then into college. And I learned about Amazon FBA and I think 2012. and as an eBay guy, it was like blew me away because I was, you know, the guy waiting in line at the, at the post office and having to deal with customers. So the fact that you could just send a bunch of items in and Amazon will ship it and take care of customer service was very appealing to me. So I started, I just started watching videos and the easiest way to start, which I don't know how many people really started out like this, but I'm sure some. But I was going into, you know, odd lots and Walmarts and just buying toys or whatever I could find. And essentially I was just kind of learning that process. so, you know, that was a good way to, like, get my feet wet into Amazon FBA. and then, you know, life kind of happened where that was put off to the side.Brad 00:02:19  I was in the corporate world for a while. not doing very well. I just, was not very passionate about what I was doing, and, I got a call from a buddy. I was living in South Florida. I'm from Ohio originally, and, I got fired from one job. You know, I was working for good companies. They were, like, fortune 500 companies. And I kind of noticed right away that the people that were successful were extremely passionate about the company, and they had just drank the Kool-Aid. And I just did. I just didn't care, really. I thought our products were overpriced, which is not the mentality that you want to have when you're trying to sell something. so I was just kind of, just doing enough not to get fired. And my friend, in Columbus had called me and said, hey, I just bought this epoxy coating company. So what we're doing is we're installing, like, showroom floors in garages. You know, the the garages in Columbus or the Midwest are all cracked and spoiled.Brad 00:03:34  so, you know, this was December and he was like, hey, I can't pay you that much, but, you know, this will be our company. and I'll share profits with you. So I wasn't really doing much. You know, in terms of growing personally or professionally, although I was in South Florida, which was pretty cool for for an Ohio guy. Sure. I took him up on it, and I remember it was December. I go from this cushy sales job in South Florida. Even though I didn't like it. And then all of a sudden, I am installing, garage floors in the suburbs of Columbus. In December, we're using, like, heaters to keep ourselves warm. And the funny thing was, I actually was enjoying it more, because it was ours. So that kind of, like, turned on the light that, you know, the way that I'm going to be successful is if I'm doing something for myself, like, or as a team. And that kind of drew me back to this e-commerce stuff.Brad 00:04:36  and like I was saying, I had learned about, the Amazon FBA and I had a this background in eBay. So I just kind of I remember in one of your podcasts, you were talking about how after work, you would go home and just watch videos. yeah. Because you, you know, you kind of saw that as a way out. But, you know, what you have to do is you have to put in the time. You know, even after a long day of work when most people are just watching TV or they want to decompress. I was just drawn to just scanning eBay, you know, looking at Amazon. And I was like, I was wondering if there was an opportunity for products that I could buy on eBay and flip on Amazon. And I kind of just somehow stumbled upon this, category of high end skincare. And I was noticing that there was these really, like, high end brands that were selling for, you know, almost nothing on eBay because, li...

In the final episode of 2025, Jason and Jeff empty the mailbag to answer listener questions about managing sudden wealth, tax strategies, and portfolio management. They debate the pros and cons of rebalancing versus letting your winners run (featuring a look at Jason's highly concentrated Roth IRA) and discuss how to handle a financial windfall like an inheritance. The hosts also break down the risks of complex conglomerates like Brookfield, analyze whether MTY Food Group is a value play or a value trap, and give their unfiltered take on whether recent political news finally makes Cannabis stocks investable.00:23 Listener Mailbag and Community Engagement03:09 First Listener Question: Balancing Financial Results and Industry Knowledge06:50 Using AI Tools for Investment Research08:27 Real-World Examples and Industry Research11:04 Brookfield Corporation: Legal Issues and Investment Risks14:50 MTY Foods: Cash Flow and Investment Potential22:28 Rebalancing Portfolios: Strategies and Considerations26:10 Risk Management in Asset Allocation26:54 Personal Investment Stories and Lessons28:21 Strategies for 401k, Roth, and Brokerage Accounts37:29 Handling Inheritance and Tax Implications45:26 Investing in Cannabis Stocks50:54 Conclusion and Viewer EngagementCompanies mentioned: AEO, AMZN, BN, CAVA, CMG, CRWD, CTRE, DRI, EAT, EPR, GOOGL, LOB, MCD, MELI, MO, MTY, NFLX, NUE, STLD, TAP, TSM, YUM*****************************************Join our PatreonSubscribe to our portfolio on Savvy Trader *****************************************Email: investingunscripted@gmail.comTwitter: @InvestingPodCheck out our YouTube channel for more content: ******************************************To get 15% off any paid plan at fiscal.ai, visit https://fiscal.ai/unscripted******************************************Listen to the Chit Chat Stocks Podcast for discussions on stocks, financial markets, super investors, and more. Follow the show on Spotify, Apple Podcasts, or YouTube******************************************The Smattering Six2025 Portfolio Contest2024 Portfolio Contest2023 Portfolio Contest

How are defenders supposed to keep up when attackers move at the speed of AI? In this episode of Security Matters, host David Puner welcomes Rick McElroy, founder and CEO of Nexasure, for a candid conversation about cybersecurity's breaking point. Together, they unpack the realities of defending organizations in an era of identity sprawl, machine risk, agentic AI, and relentless automation. Rick shares hard-won insights from decades on the front lines, challenging the myth of perfect defense and revealing why identity remains at the root of most breaches. Whether you're a CISO, IT leader, or cybersecurity professional, you'll get actionable advice on managing machine identities, rethinking risk, and building resilience for a future where change is the only constant.

As we reflect on 2025, this episode pulls together the most important themes shaping the year ahead — from the rapid acceleration of AI and automation, to the evolving realities of security, leadership, and trust in an increasingly complex world.What was once hidden behind the scenes is now accessible to everyone. AI has moved from the “Matrix” into daily workflows, forcing organizations to rethink efficiency, security, and human value. At the same time, rising geopolitical tension, information warfare, and emerging technologies like quantum computing are redefining what risk really looks like — both for businesses and for people.This conversation also explores the human side of 2025: leadership under pressure, the importance of culture, mentorship, and professionalism, and why kindness, trust, and preparation are no longer “soft skills,” but strategic advantages.From executive protection and estate management to corporate security, AI leverage, and career longevity, this episode highlights where leaders must adapt — and where getting it wrong even once can have lasting consequences.KEY HIGHLIGHTSAI has crossed a critical threshold — no longer theoretical, but operational, accessible, and increasingly powerfulAutomation and optimization are now survival tools, not optional efficienciesSecurity threats are no longer siloed — digital, physical, personal, and reputational risks are deeply interconnectedQuantum computing looms as a disruptive force that could render today's encryption obsoleteExecutive protection is expanding beyond the C-suite into broader personnel and brand securityLeadership today requires relationship capital, situational awareness, and long-term thinkingCulture, kindness, and mentorship deliver measurable performance and retention advantagesCareers are becoming less linear — leverage, adaptability, and mindset matter more than pedigreeTo hear more episodes of The Fearless Mindset podcast, you can go to https://the-fearless-mindset.simplecast.com/ or listen on major podcasting platforms such as Apple, Google Podcasts, Spotify, etc. You can also subscribe to the Fearless Mindset YouTube Channel to watch episodes on video. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

For the last episode of 2025, get to know Abrigo's CTO, Ravi Nemalikanti, as he talks about his AI philosophy at Amazon's AWS Re:Invent conference. Listen in to learn about the metrics Abrigo considers when making decisions about machine learning in its solutions, ensuring that those decisions support community banks and credit unions. About the guest: Ravi Nemalikanti is Abrigo's Chief Product and Technology Officer and is responsible for leading technology strategy and determining product and development priorities to drive innovation and increase the company's competitive advantage. Ravi is the Winner of the 2024 Haas Technology Leadership Awardee for North America by Carlyle, an award given to celebrate an exceptional technology leader. Before joining Abrigo in 2022, Ravi was the CTO of Digital Banking at NCR Corp., where he led the organization's digital-first banking technology roadmap. Earlier, he held leadership roles in Tax and accounting, Global Trade, and Risk Management during 14 years at Thomson Reuters. Ravi holds a bachelor's degree in engineering from Andhra University in Andhra Pradesh, India, and an MBA from the University of Chicago's Booth School of Business.Helpful links: AI Hub - AbrigoWebinar: AI strategy for banking: Unlock the most value - Abrigo

The Leveraged Buyout (LBO) is one of the most powerful and high-stakes tools in modern finance. It is the primary engine of the private equity (PE) industry, where a massive amount of debt is used to acquire a company, with the goal of restructuring it for a highly profitable exit.In this episode of Corporate Finance Explained on FinPod, we unpack the mechanics of the LBO, explore why debt is used as a management tool, and analyze the technical hurdles that separate multi-billion dollar wins from high-profile bankruptcies.The Fundamental Structure: Leverage as an EngineAn LBO is an acquisition funded by a small sliver of equity (usually 30%) and a massive layer of debt (usually 70%).The "Mortgage" Analogy: Much like buying a home with a small down payment, the PE firm uses leverage to control a much larger asset. However, in an LBO, the target company assumes the debt used for its own purchase, using its own assets as collateral. Magnifying Returns: Leverage acts as an amplifier. If a firm invests $10M in equity and the company's value grows by 50%, the return on that initial "small" equity check can skyrocket to 200% or 300% upon exit.The 4 Drivers of the LBO ModelBeyond just magnifying profit, the LBO structure forces a specific type of corporate behavior:Enhanced Equity Returns: Using "Other People's Money" (OPM) to minimize the sponsor's initial capital outlay.Disciplined Cash Flow Focus: Debt acts as a "deadline." Management is forced to ruthlessly cut waste and optimize operations to meet mandatory quarterly interest and principal payments.Strategic Flexibility: Taking a company private removes the "quarterly earnings" pressure of the public markets, allowing for long-term, painful restructurings (e.g., the Dell pivot).Multiple Expansion: The goal is to buy at a lower multiple (e.g., 6x EBITDA) and sell at a higher one (e.g., 8x EBITDA) after transforming the business into a lean, predictable machine.Success vs. Failure: Real-World Case StudiesThe Triumphs (Hilton & Dell):Hilton Hotels: Blackstone acquired Hilton in 2007, just before the financial crisis. Success came through digital transformation and a relentless focus on streamlining costs, proving that operational rigor, not just financial engineering, dictates success.Dell Technologies: Private capital allowed Michael Dell to execute a painful pivot from low-margin PCs to high-margin enterprise software without the public market "slaughtering" the stock price.The Cautionary Tale (Toys "R" Us):Took on over $5B in debt in 2005. As a low-margin, cyclical retail business, it couldn't generate enough cash to both service the debt and invest in e-commerce modernization. The debt didn't amplify success; it strangled the ability to adapt.The LBO Analytical ToolkitFinance teams stress-test deals using the LBO Model, which centers on several key technical mechanics:Debt Tranches: Modeling senior debt (low risk/cost, secured) vs. subordinated and mezzanine debt (higher risk/interest, unsecured). Cash Flow Coverage: Lenders obsess over the Debt-to-EBITDA ratio (how many years of cash flow it takes to pay off debt) and the Interest Coverage Ratio. The Exit Strategy: Success is modeled based on IRR (Internal Rate of Return), which is driven by EBITDA growth, debt pay-down, and exit multiple expansion.6 Elements of an Attractive LBO TargetStable, Predictable Cash Flow: Ideally "subscription-like" or defensive.Durable Competitive Advantage: To protect margins during the hold period.Operational Improvement Potential: A clear "fat-to-trim" or optimization thesis.Reasonable Leverage: Avoiding the "Toys R Us" trap of over-leveraging cyclical businesses.Clean Exit Strategy: A clear vision for a sale or IPO from Day 1.Realistic Assumptions: Stress-tested models that account for market downturns.

In this episode I had a chance to do live remote podcast from the best hacker conference in the world, GrrCon. My guest for this episode is Shelly Migliore. Shelly is a Cybersecurity Risk Solutions Architect for Safe Security. The topic for this episode is Rethinking 3rd Party Risk in 2026. Shelly and I talk about some of the unique challenges that companies are facing as more and more industries are using 3rd party tool that utilize AI.  YouTube Video Link: https://youtu.be/yxLIrlIUT68 

What if the next market crash isn’t the real story—your reaction to it is? Mike Douglas breaks down why predictions of an inevitable downturn miss the point and why retirees should focus instead on balancing growth, income needs, and risk. He explains how fear, FOMO, and uncertainty can push investors into extremes, and why having both an up‑market strategy and a down‑market strategy matters. With real‑world examples of past corrections and practical planning insights, this episode shows how thoughtful structure—not panic—guides long‑term financial confidence. Schedule your complimentary appointment today: MichigansRetirementCoach.com Follow us on social media: YouTube | Facebook | Instagram | LinkedInSee omnystudio.com/listener for privacy information.

In this final episode of 2025, Ricardo proposes a reflection on changes that will profoundly impact projects in 2026. He presents five central insights: the end of projects as isolated islands, which will operate as parts of a continuous value stream; the radical fragmentation of teams, marked by high fluidity between people, partners, and AI agents; the silent transfer of authority, with decisions distributed among boards, algorithms, and teams; the emergence of cognitive risk, caused by flawed mental models and excessive reliance on automated responses; and the silent obsolescence of the traditional project manager. For Ricardo, 2026 will be the year of repositioning, requiring the courage to unlearn, assume new responsibilities, and lead in ambiguous environments, focusing on real impact and conscious choices. Listen to the podcast to learn more!

Neste último episódio de 2025, Ricardo propõe uma reflexão sobre mudanças que impactarão profundamente os projetos em 2026. Ele apresenta cinco insights centrais: o fim dos projetos como ilhas isoladas, que passam a operar como partes de um fluxo contínuo de valor; a fragmentação radical das equipes, marcadas por alta fluidez entre pessoas, parceiros e agentes de IA; a transferência silenciosa de autoridade, com decisões distribuídas entre conselhos, algoritmos e equipes; o surgimento do risco cognitivo, causado por modelos mentais equivocados e confiança excessiva em respostas automatizadas; e a obsolescência silenciosa do gerente de projetos tradicional. Para Ricardo, 2026 será o ano do reposicionamento, exigindo coragem para desaprender, assumir novas responsabilidades e liderar em ambientes ambíguos, com foco em impacto real e escolhas conscientes. Escute o podcast para aprender mais!

Brittney Goodrich, Agricultural Economist - University of IllinoisUniversity of Illinois Agricultural Economist Brittney Goodrich's full presentation made during the December 2025 Farm Assets Conference. ★ Support this podcast ★

Show Notes: 00:00 Introduction and Background about StandX and DUSD (why build together?)02:15 Evolution and Challenges of on-chain DEXs08:15 User Needs under Current Market Dynamics12:32 Product Design and User Experience16:41 Other Perp DEXs21:15 Risk Management and Regulatory Environment for Perp DEXs24:58 Market Competition and Strategic Positioning30:08 User Feedback and Product Iteration34:18 Summary and OutlookX: @StandX_AG / @StandX_OfficialWebsite: https://standx.com/  If you like this episode, you're welcome to tip with Ethereum / Solana / Bitcoin:如果喜欢本作品，欢迎打赏ETH/SOL/BTC：ETH: 0x83Fe9765a57C9bA36700b983Af33FD3c9920Ef20SOL: AaCeeEX5xBH6QchuRaUj3CEHED8vv5bUizxUpMsr1KytBTC: 3ACPRhHVbh3cu8zqtqSPpzNnNULbZwaNqG Important Disclaimer: All opinions expressed by Mable Jiang, or other podcast guests, are solely their opinion. This podcast is for informational purposes only and should not be construed as investment advice. Mable Jiang may hold positions in some of the projects discussed on this show. 重要声明：Mable Jiang或嘉宾在播客中的观点仅代表他们的个人看法。此播客仅用于提供信息，不作为投资参考。Mable Jiang有时可能会在此节目中讨论的某项目中持有头寸。

In the high-stakes world of M&A, Goodwill is arguably the most important yet invisible asset on a modern balance sheet. It represents the "engine of ambition," but as history shows, it is also a significant source of financial volatility.In this episode of Corporate Finance Explained on FinPod, we unpack why companies pay billions in premiums, how that value is tracked, and what happens when those strategic promises vanish overnight.What is Goodwill? The Anatomy of a PremiumGoodwill is an intangible asset that appears only when one company acquires another. It is the accounting placeholder for the premium paid over the fair market value of a company's identifiable net assets.When a buyer pays an extra $500 million for a $1 billion company, they are buying "strategic future value" that doesn't fit into a physical ledger. This premium typically covers:Brand Equity: The power of established names like Disney or Coca-Cola. Human Capital: Specialized workforce talent and "acqui-hires." Synergies: The quantified promise that the combined businesses will unlock efficiencies neither could achieve alone. Network Effects: Market dominance and ecosystem integration.The Accounting Shield: PPA and ImpairmentBecause Goodwill is intangible, regulators use a rigid process called Purchase Price Allocation (PPA). Auditors first identify and value every "identifiable" asset (patents, inventory, debt). Only the leftover remainder is recorded as Goodwill.Unlike a factory or a machine, Goodwill is not amortized. It stays on the balance sheet indefinitely until a "Triggering Event" occurs, requiring an Impairment Test.Strategic Red Flags (Triggering Events):Persistent declining revenue or shrinking margins. Major leadership changes or failed integration. Market downturns or the loss of a key customer.If the fair value of the business unit drops below its carrying value, an Impairment Charge is mandatory. While this is a non-cash charge, the stock market reaction is often violent because it destroys management credibility.Case Studies: Strategic Success vs. FailureFacebook & Instagram (Success): Meta paid $1 billion for an app with negligible assets. The Goodwill was a bet on network effects, which now generates tens of billions. Amazon & Whole Foods (Success): The premium bought time, instantly giving Amazon a physical retail and logistics footprint. Kraft Heinz (Failure): A $15.4 billion write-down occurred because aggressive cost-cutting cannibalized the very brand equity they paid for. GE & Alstom (Failure): A $22 billion write-down triggered by misjudging the gas turbine market.The Critical Ratio: Goodwill to EquitySmart investors look past the absolute dollar amount and focus on the Goodwill-to-Equity ratio. A high ratio is a strategic warning sign; it tells you the company is heavily reliant on future promises rather than proven stability.Key Takeaway: An impairment is a lagging indicator. By the time the write-down happens, the business has been suffering for a long time. The charge is simply the officially mandated confirmation of strategic failure.

In this Christmas episode, Jesse steps back from year-end checklists and market noise to tell a more personal story—one shaped by the "ghosts" of his financial past, present, and future. He begins with the early experiences that formed his relationship with money: a summer concession stand that taught him pricing, customer focus, and the power of simply telling people what you do; a first job cleaning bathrooms at a state park that clarified the difference between earning a paycheck and building a career; and the moment in his mid-20s when seeing real dollars in his 401(k) pulled him into a decade-long deep dive on personal finance, blogging, and eventually a full career change into wealth management. From there, he pivots into a transparent walkthrough of his current systems—how he and his wife structure savings, manage cash, use insurance, approach debt, track spending, and design an investment allocation that reflects real life rather than theory. He also shares three planning cases from this year that reveal the human side of financial advice: navigating retirement after a family death, unwinding concentrated stock risk for a high-earning executive, and giving one engineer the peace of mind to sleep through layoff fears. Looking ahead, Jesse reflects on where the industry is headed—AI-enabled tools, changing fee models, and a shift toward values-based planning—while outlining how he and his family think about the future with a firm grip on flexibility, priorities, and the fleeting years of raising young children. It's an intimate, thoughtful close to the year—less about spreadsheets and more about why financial planning matters in the life you're actually living. Key Takeaways: • Take time to seek out new opportunities. Putting yourself out there for advancement is one of the most straightforward ways to advance financially. • Getting "skin in the game" with real dollars in a 401(k) or investment account is often the catalyst for learning personal finance at a deeper level. • A blended approach to retirement savings (401(k), Roth IRA, HSA) builds both tax flexibility and long-term resilience. • Cash-management infrastructure—joint accounts, high-yield banks, and legacy accounts—matters less than ensuring clarity, shared access, and ease of use. • Tools like the state-run CHIP/Child Health Plus programs can dramatically reduce healthcare costs for families with children. • Strong personal finances create flexibility: the ability to enjoy life now while still protecting the future—especially during the irreplaceable years of raising children. Key Timestamps: (04:22) – Financial Past: Early Money Lessons (07:09) – Entrepreneurial Beginnings: The Concession Stand (10:36) – First Job Experiences and Lessons Learned (20:20) – Financial Present: Family Finances and Planning (26:23) – Our Investment Strategy (32:58) – Tax Planning Insights (37:25) – Evolving Budgeting Methods (45:08) – Financial Future: What Will You Make of It? Key Topics Discussed: The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques More of The Best Interest: Check out the Best Interest Blog at https://bestinterest.blog/ Contact me at jesse@bestinterest.blog Consider working with me at https://bestinterest.blog/work/ The Best Interest Podcast is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

Dale Kirby and Andrea Porta, both of AM Best, said a greater share of European insurers meet Solvency II standards compared with carriers in Africa and the Middle East. Both spoke with AM Best TV at AM Best's Europe Insurance Market & Methodology Briefings – London.

Nightlife safety isn't about big egos or brute strength it's about psychology, presence, and the human connection happening at the door. In this powerful episode of Achieving Success with Olivia Atkin, Rick Bistline returns to uncover the unseen world behind security work. He breaks down why the industry is shifting from “bouncer culture” to emotionally intelligent leadership, how mental health impacts every decision made in high-pressure environments, and why hospitality not force is what truly keeps people safe. Rick pulls from his experience in policing, education, and consulting to reveal the stressors most teams silently carry, the moments where ego creates unnecessary danger, and the cultural changes venues must embrace if they want safer, more profitable operations. Whether you run a bar, lead a team, or simply want to understand the psychology of protection, this conversation reframes everything you thought you knew about nightlife security. Tune in and discover how strategy, empathy, and mindset transform not just venues but the people who lead them.Want to start your own podcast, grow your show, or get featured as a guest? Let's map it out together. Book a free clarity call with Olivia to explore the next best move for your podcast strategy whether you're building from scratch, ready to scale, or looking to use guesting to grow your brand. MeetwithOlivia.meNeed more inspiration or tools?Access Olivia's book, podcast growth resources, and done-for-you support at Achieving-Success.comGet the Podcast Growth Partner For Yourself: Want to cut your content time from 12–20 hours a week down to under 30 minutes without sacrificing strategy, voice, or quality? The Podcast Growth Partner is the customized AI system built from Olivia Atkin's proven frameworks, giving you titles, descriptions, SEO, and monetization support in minutes. Access it here: ACHIEVING SUCCESS LLCStay Connected With Us:LinkedIn: achieving-success-llcInstagram: @_achievingsuccessTwitter: @_achievesuccessFacebook: @Achieving SuccessYou Can Find Rick Bistline:Website: http://www.nightlifesecurity.com/Email: rick.bistline@nightlifesecurity.comPodcast: NightLife Security Consultants PodcastLinkedIn: Richard Bistline, Ph.D.Become a supporter of this podcast: https://www.spreaker.com/podcast/achieving-success-with-olivia-atkin--5743662/support.

What if risk management were not about playing defense, but about giving innovation the confidence to move forward? This is a replay of one of the most-listened-to Innovation Storytellers episodes of 2025. I am revisiting my conversation with Rose Hall, a former senior innovation leader at AXA XL, professional engineer, and long-time advocate for rethinking how organizations approach risk, because the ideas shared here feel even more relevant today. Drawing on her experience building digital platforms, business ecosystems, and client-driven innovation programs, Rose explains why risk and innovation are far more connected than most leaders realize. We talk about the often invisible role insurance plays beneath some of the world's most ambitious innovations, from advanced infrastructure projects to space exploration.  Rose shares how companies like SpaceX approach complex, layered risk and why traditional insurance models are struggling to keep pace with realities such as cyber exposure, climate volatility, and geopolitical uncertainty. The conversation also turns to emerging technologies like artificial intelligence. There is no single insurance product designed to cover AI, but Rose unpacks how existing policies may respond when things go wrong, and why that gray area demands a more adaptive and informed approach to risk management. It is a reminder that innovation rarely fits neatly into legacy frameworks. Partnerships emerge as a central theme. Rose argues that no organization can solve these challenges alone. Progress depends on collaboration between insurers, startups, and large enterprises who are willing to share insight, experiment responsibly, and rethink old assumptions together. This episode replay challenges the idea that risk management slows progress. Instead, Rose reframes it as a foundational enabler of growth, resilience, and long-term value. When risk is understood and managed well, innovation does not shrink; it accelerates. Has risk management been holding your organization back, or could it be the very thing that helps you move faster and smarter?  

 In this episode of The Negotiation Podcast, host Todd Embley is joined by Richard Kimber, an Australian and Hong Kong–admitted lawyer who has helped more than 400 companies enter and operate in the Chinese market.Richard brings decades of experience advising international businesses across sectors, including agribusiness, manufacturing, healthcare, technology, sports, and education. His work spans China market entry, international trade, strategic alliances and joint ventures, IP licensing, and compliance—making him a trusted advisor for brands navigating the complexities of doing business in China.The conversation focuses on the realities of manufacturing and sourcing in China today: what has changed, what remains misunderstood, and how brands can protect themselves while still capturing the advantages of China's manufacturing ecosystem.Discussion PointsRichard's personal journey into China and how his legal career evolved alongside China's opening and globalizationThe types of companies and industries he most commonly supports todayThe most common challenges foreign brands face when manufacturing or sourcing in China—and how

Inflation is no longer just a macroeconomic headline; it is a systematic distortion of the corporate financial engine. For finance teams, high inflation makes historical data obsolete and forces a fundamental rewire of capital allocation, debt management, and pricing strategies.In this episode of Corporate Finance Explained on FinPod, we move past "macro talk" to explore the granular impact of rising costs and the specific, advanced maneuvers successful firms are using to survive a high-uncertainty world.The Inflationary Distortion: Where the Models BreakWhen inflation spikes and stays sticky, static assumptions fail. The pressure is felt first in the supply chain but quickly migrates to the balance sheet:Gross Margin Compression: Direct hits from the Cost of Goods Sold (COGS) as raw materials, energy, and logistics rise aggressively.The Working Capital Trap: Inventory becomes a strategic nightmare. The rising replacement cost means companies must tie up more cash just to maintain the same volume of goods on the shelf.The Death of Standard Costing: Traditional models that set standard costs for the year become obsolete instantly, leading finance to chase "phantom profits" while real cash flow erodes.The 4 Major Strategic ShiftsInflation forces a paradigm shift in the relationship between finance and operations:Ruthlessly Dynamic Pricing: Annual price reviews are replaced by micro-adjustments and "pricing corridors." Finance must now lead sales by analyzing consumer elasticity weekly to protect margins without losing volume. Active Debt Management: As central banks raise rates, the cost of capital becomes a moving target. Treasury teams are shifting from floating-rate to fixed-rate debt to buy certainty against future spikes. Investment Reprioritization: High inflation forces companies to raise their hurdle rates. Long-term, low-margin projects are screened out in favor of high-return, short-payback investments that minimize exposure to future uncertainty. Valuation Reset: Inflation hits valuations twice—it lowers expected future real cash flows and increases the discount rate (WACC) used in DCF models, causing a sharp drop in present value.Tactical Case Studies: Masterclasses in ResilienceProcter & Gamble: Used "subtle deflation management" by redesigning pack sizes and promoting premium tiers to protect margins while keeping shelf prices stable.Walmart: Utilized its massive balance sheet as an inflationary hedge, intentionally overstocking inventory to lock in pre-inflation prices and steal market share.Delta Airlines: Increased forecasting velocity from quarterly to weekly to manage the extreme volatility of fuel and labor, allowing for faster operational pivots.The Finance Toolkit for High UncertaintyTo stay strategic, finance professionals must adopt these five non-negotiable tools:Build Scenario-Based Forecasts: Move away from a single base case to "Low, Base, and High" inflation scenarios to stress test margins.Integrate Finance with Sales: Provide the data infrastructure to analyze elasticity in real-time.Rebalance Capital Structure: Aggressively use interest rate swaps or shift to fixed-rate debt to lock in borrowing costs.Enforce Shorter Payback Horizons: Prioritize projects with immediate cash returns to reduce long-term risk.Granular Cost Visibility: Break down cost drivers into specific components (e.g., lithium, copper, regional shipping) rather than broad categories.

How do you balance risk, legacy, and family lessons on your journey to retirement? This episode with Art McPherson explores setting your “financial thermostat,” the pitfalls of early Social Security, and the impact of tough love and smart tax strategies. Hear stories of generational wisdom, why enabling loved ones can backfire, and a special segment with Trisha Yearwood on financial literacy and holiday memories. For more information visit www.artofmoney.com! Follow us on social media: YouTube | Instagram | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

What if the real challenge of retirement isn’t saving your money—but knowing how to use it? In this episode, Brandon Bowen unpacks why relying solely on investment income can be more complex than it sounds and explores what retirees should consider when balancing growth, risk, and steady income needs. Through real client examples and practical insights, he explains how shifting from a growth‑first mindset to an income‑focused plan can offer clarity when markets fluctuate. A grounded look at building a structure that supports your lifestyle throughout retirement. Like what you hear? Get a second opinion today: bowenwealth.com Follow us on social media: YouTube | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

On this week's Ask a CISSP special episode of The Other Side of the Firewall, I talk with Air Force veteran and cybersecurity leader Ahmad Rashaan Austin about his journey from zero computer skills to founder of Cy3 Security, LLC. We explore risk management, responsible AI adoption, leadership communication, and his new book, The Boundaryless Enterprise. If you're building a cyber career or leading tech teams, this episode delivers actionable insights straight from the front lines. Check it out on your favorite podcast platform! Buy Ahmad R. Austin's The Boundaryless Enterprise: Redesigning Oversight for the Age of Intelligent Systems https://a.co/d/dfCToig Please LISTEN

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.   In this last episode of 2025, Justin interviews Morgan O'Rourke and Hilary Tuttle of RIMS Risk Management magazine on the most impactful risks of 2025 and what's expected in 2026. They discuss the difficulty of reporting on the rapid pace of risk change. Morgan and Hilary discuss the most impactful natural events of 2025: wildfires in California and Canada, Hurricane Melissa, and flooding. They discuss the economic risks posed by the unusual tariff changes in 2025 and how supply chains and inflation are affected. These risks are covered in the Q4 edition of RIMS Risk Management magazine online now.   Morgan and Hilary will return for the first episode of 2026, launching on January 5th.   Key Takeaways: [:01] About RIMS and RIMScast. [:17] About this episode of RIMScast. This is our final episode of 2025, and who better to spend it with than Morgan O'Rourke and Hilary Tuttle of RIMS Risk Management magazine? [:44] We will discuss some of the top risk management stories of 2025 and what they might mean for 2026. They will rejoin us for the first episode of 2026! But first… [:55] RIMS-CRMP and Some Prep Courses. The next virtual prep course will be held on January 14th and 15th, 2026. These are virtual courses. Links to these courses can be found through the Certification page of RIMS.org and through this episode's show notes. [1:12] RIMS Virtual Workshops are coming up. On January 21st and 22nd, Chris Hansen returns to deliver the course, "Managing Worker Compensation, Employer's Liability and Employment Practices in the US". [1:26] The full schedule of virtual workshops can be found on the RIMS.org/education and RIMS.org/education/online-learning pages. A link is also in this episode's notes. [1:38] RIMS members always enjoy deep discounts on the virtual workshops. [1:48] The RIMS-CRO Certificate Program in Advanced Enterprise Risk Management is hosted by the famous James Lam. This is a live virtual program that helps elevate your expertise and career in ERM. [2:01] You can enroll now for the next cohort, which will be held over 12 weeks from January through March of 2026. Registration closes on January 5th. Or Spring ahead and register for the cohort that will be held from April through June, 2026. Registration closes on April 6th. [2:20] Links to registration and enrollment are in this episode's show notes. [2:27] On with the show! The annual Year in Risk Review edition of RIMS Risk Management magazine is now available. Visit RMmagazine.com for more information. [2:39] I wanted to dive deeper into some of the pages and the stories that made major headlines in risk management this year. Morgan and Hilary are rejoining us as part of our annual tradition. [2:54] We're not just looking back; we're also going to talk about how these events should be some warning signs and provide some extra insight for risk managers around the world. [3:05] Interview! This is our final episode of the year, and we're going out with a bang with two of my favorite people! [3:12] Morgan O'Rourke and Hilary Tuttle, welcome back to RIMScast! [3:23] Justin saw Morgan and Hilary, just a month ago in Seattle, at the ERM Conference. Morgan says it was raining the whole time, but it was a good conference. It was well-attended, and everybody enjoyed themselves, and the attendees got a lot out of it. It was a great event! [3:51] Hilary also thought it was great! The turnout was fantastic! There was some great feedback on a lot of the sessions. There were some packed rooms! People seemed pleased with the programming. Hilary didn't see the sun until she left, but she enjoyed the city! [5:12] Morgan and Hilary's goal for attending the ERM Conference is to gather good ideas for articles. They look for presenters who might be good content contributors in other formats. They look to get a sense of what is new and what is emerging. [5:24] Morgan and Hilary talk to members about what they're seeing in practice and what's concerning to them. Morgan says if there's a packed room for a session, it's clearly a topic that's resonating, which bumps it to the top of the list of things to pursue, since there's interest in it. [6:17] Justin notes that Morgan's always there in the sessions with pen and paper. He's old school! [7:36] Morgan says the hardest part of reporting on risk is the breadth of the risks they cover. Everything has a lot more nuance and a lot more effect. This incident happened, which had 57 knock-on effects. [7:47] Morgan explains why distilling that down to something that makes sense in article form is a huge challenge and compares writing about risk to the experience risk managers have with everything they deal with. [8:10] Morgan says that, at the end of the year, spotlighting the year in risk coverage is a challenge. How do you get the entire economic, geopolitical situation down to 200 words? [8:37] Hilary says the velocity of change is a challenge when covering risk. Unlike in everyday news coverage, they have to add an amount of value or takeaways for a reader who is looking to do something about risk. Developing that value, at the speed of risk, is particularly challenging. [9:15] Hilary continues. Crises are compounded now. You can't ignore a lot of those factors that make a crisis a bad issue. Hilary cites hurricanes, rapid intensification, which is a knock-on effect of climate change, lax building codes, and people building more in certain regions. [9:38] Hilary says you have to add so many layers to explain why this crisis is happening now. It becomes a lot more challenging to figure out how it impacts insurance. You have to take into account different exclusions or the way the policies are created. There are a lot of moving parts. [10:04] Morgan says, It's not just your picture. It's the picture of your suppliers and your customers, who might be across the country or around the world. All of their risks become your risks or, at least, will impact your business. [10:33] Justin compliments the digital layout of RIMS Risk Manager magazine. He speaks of how Morgan and Hilary go to RIMS events looking for inspiration for content and content contributors. [11:05] Morgan says, We're only as good as the information we've learned through the people we've met, or what we've read. We're not practicing risk managers. Hearing from experts who deal with it every day is the strongest way to get good content that resonates with our readers. [12:17] Morgan says wildfires were probably the most costly insured loss of 2025. Hilary says that earthquakes were the most costly in terms of the loss of life. The LA fire was the largest single economic loss. There are lots of expensive homes in Southern California. [13:26] Canada has had wildfires raging almost non-stop for two or three years. Wildfires are no longer secondary perils. They're a prime source of loss. Severe convective storms, in the aggregate, probably caused more damage than wildfires this year. [14:04] Hilary says severe convective storms have been in the top 10 for seven out of the last 10 years. Morgan says this was one of the top convective storm years. In natural disasters, you're not looking just at hurricanes and earthquakes, but also fires, floods, and more. [14:32] Hilary talks about secondary factors, like tremendous wind events in California, increasing the rate at which fires spread, making containment difficult. Things were moving fast. A lot of buildings were burning. It took three weeks to put out two of the largest fires. [15:05] Canada faced different challenges. All but two provinces had record, above-average fire seasons. Some fires impacted remote areas where getting people out is logistically extremely difficult. Seventy-something First Nations communities had to be evacuated. [15:35] If you're dealing with areas that are largely only accessible by air, getting communities of people out for long periods is logistically very challenging, with a devastating human impact. They're very different fires. [15:52] Hilary says it was quite a year. Morgan ties it back to the impact of climate change. It starts with drought, and it's exacerbated by winds. Then you've got these weird things that pop up where Mother Nature says, Hey, I've got a weird twist for you! [16:13] Quick Break! RISKWORLD 2026 will be held from May 3rd through the 6th in Philadelphia, Pennsylvania. RISKWORLD attracts more than 10,000 risk professionals from across the globe. It's time to Connect, Cultivate, and Collaborate with them. Booth sales are open now! [16:35] General registration and speaker registration are also open right now! Marketplace and Hospitality badges will be available starting on March 3rd. Links are in this episode's show notes. [16:50] Let's Return to Our Interview with Morgan O'Rourke and Hilary Tuttle! [17:11] Some of the fires Canada experienced this year were zombie fires, also called holdover fires, or overwintering fires. They can live in the soil under the snow until it gets warm, the snow melts, and they reignite. Some of the fires of 2025 were started in 2023. [16:23] Hilary believes those holdover fires were in Saskatchewan, Manitoba, the Northwest Territories, and up North. Holdover fires are most common in the Arctic Circle. [18:43] Morgan and Hilary believe that's a good example of things that will happen more frequently with climate change, affecting a larger number of people than before. [19:15] Morgan says convective storms are tornadoes and thunderstorms. Hilary adds that it has to do with the pressure front that leads to forming them. Outbreaks of many tornadoes in a couple of days wreak havoc in the U.S. Midwest. [20:06] Morgan says the highest intensity of a tornado is EF5. There was an EF5 tornado in North Dakota for the first time in 10 years. It touched down in a place where there were not a lot of people. [20:35] Hilary says we're seeing increasingly severe convective storms and inland flooding losses. Severe storms are flooding areas that weren't thought of as being at risk of flooding. [20:50] The more we build into these plains with high-value properties, the more damaging convective storms are getting. The storms are also getting worse. We're also seeing increasingly damaging hail. That's a severe convective storm issue, as well. [21:27] Morgan says climate change makes things more intense and widespread. Morgan says his favorite climate change after-effect was the attack of the jellyfish this year. [21:57] There were multiple instances of French nuclear power plants being taken offline by giant swarms of jellyfish clogging the coolant intake lines. Europe had a super-hot summer. Water temperatures rose, which increased jellyfish activity and presence. [22:26] There were so many jellyfish, they ended up in places they shouldn't be. France generates 70% of its electricity through nuclear power. If nuclear power plants are taken offline, it's not just a minor annoyance. [22:51] If you're a company during a blackout, you don't care that it was jellyfish. You're still not in business for the time that you don't have power. Suddenly, this climate change effect is now a part of a disaster preparedness plan because of climate change. You have to plan for jellyfish. [24:43] Hurricane Melissa was another storm with widespread flooding and enormous insured losses. Morgan notes that 2025 was a relatively low-activity season from the standpoint of how many hurricanes made landfall. [25:18] Melissa was the most damaging and probably accounted for 90% of economic losses and loss of life. It did billions of dollars' worth of damage. [25:33] There were three Category 5 Hurricanes this year; four is the record, but they mostly went out into the ocean; they didn't do anything. That doesn't mean it's always going to happen. If one storm hits the right place, you're in trouble. [26:07] It was an active storm season for Jamaica. It only takes one storm in your area to be an active season for you. [26:25] Hilary says Melissa is a textbook case of some of the perils of rapid intensification. It got much worse very quickly. The fact that we've seen such a proportion of Category 5 storms is a pattern that is concerning. [26:57] They discussed rapid intensification in the hurricane outlook for the season. Hurricane Erin also occurred this year. It intensified quickly, but it didn't cause a lot of damage. Your lead time is less when a storm intensifies quickly. [27:32] Morgan says it's important to get things in order before storms hit because you may not have the time to do it when it's mid-season. You don't know where or when a storm will hit. [27:50] Wikipedia calls Melissa the costliest storm in Jamaican history, at $10 billion in damage, 102 fatalities, 141 injuries, and 27 missing. [28:38] A Final Break! The Spencer Educational Foundation's goal to help build a talent pipeline of risk management and insurance professionals is achieved, in part, by its collaboration with risk management and insurance educators across the U.S. and Canada. [28:57] Spencer awards undergraduate, graduate, Ph.D., and Pre-Instructor of Practice Scholarships to students enrolled at an accredited college or university in the U.S. and Canada, and physically studying in either location. No remote coursework eligibility from other locations. [29:14] Including part-time, graduate scholarships to risk management and insurance professionals continuing their education. [29:20] Since 1980, Spencer has invested more than $11.1 million in the scholarship program with awards to over 1,700 students. More than 85% of Spencer's scholarship recipients remain in the industry to this day. [29:35] They've got undergraduate scholarships, full-time Master's scholarships, part-time Master's scholarships, pre-dissertation Ph.D. candidates, doctoral candidates, and pre-instructor of practice scholarships all open now. The application deadline is January 31st, 2026. [29:57] Visit SpencerEd.org/scholarships. You'll find the different application buttons. See the link in this episode's show notes for more information, giving you some extra homework to do over the holiday break, if you are taking a holiday break! [30:14] Let's Return to the Conclusion of Our Interview with Morgan O'Rourke and Hilary Tuttle!  [30:46] Justin mentions that tariffs in 2025 affect 90% of U.S. imports. That's a supply chain management issue and an ERM issue. Tariffs themselves are an issue. [31:16] What Morgan connects most to tariffs is the uncertainty they create, especially in the way they've been implemented this year. Tariffs are promised, then the terms are changed, creating uncertainty. What level of costs will businesses absorb or pass on to customers? [31:50] Morgan says those things make the business landscape unstable. Tariffs in April would be better than 57 different announcements that change the picture every other week and tend to tank the stock market. [32:20] Morgan says Goldman Sachs estimated in September that 55% of the incurred costs have been passed to consumers, depending on the business. Once it impacts your customers, you've got less revenue coming in. It's an unstable environment. [32:47] Hilary contrasts this year's tariffs with past tariffs. Usually, it's a "set it and forget it" situation. Hilary calls this year's tariffs erratic and confusing. The scale and the frequency of change are unprecedented. [33:31] Morgan says you can feel it when you go to the store. That's not helping from a personal standpoint or a business standpoint. Justin speaks of shrinkflation. [33:47] Tariffs are going to affect inflation. Nobody wants that. [34:22] Hilary speaks of alternate supply chains that are in more friendly tariff environments. Some of the items in your products are going to be different. Some of your processes will be different. You don't know if you're also going to be getting inferior products. [34:52] Morgan says it's not as simple as saying just get a new supplier. That's an operational shift from procurement, on. Hilary says, hopefully, you won't have to do product safety testing or environmental impact studies, or reporting around your supply chain. [35:09] Morgan notes that some raw materials may only be available in five countries, like a rare earth mineral. [35:32] Justin asks if this is explored in depth in the Q4 edition of RIMS Risk Management magazine. Hilary says we are not talking about rare earth minerals in that issue. Morgan is working on figuring out how we can cover that, perhaps, in 2026. [35:53] Morgan is fascinated by this topic. There are limited deposits of things. The broader point is that if you're affected by tariffs and you're trying to change suppliers or sources, you may not have all the options. [36:12] Hilary says it is a situation where the risk is very much there, but the management or mitigation of it is not necessarily something you can do much about. Only so many places make cobalt. Morgan adds, There are only so many mines out there. [36:31] Justin says, The Q4 edition of RIMS Risk Management magazine is out now. This is the last episode of 2025. We're going to have you back to discuss a little bit more in the first episode of 2026. [37:01] Morgan's parting words: "I'm just glad you're listening. I'm glad you're listening. I'm glad you're reading. I'm glad you're here. I feel like it's a privilege to keep writing for you, talking to you, so hopefully, we continue to do that in the new year. Everybody, be safe and happy." [37:14] Hilary's parting words: "Thanks for making it through another year!" [37:18] So, we're going to have you back in January, and we'll pick up there, probably with some cyber and some Data Privacy Day kick-off, January 5th, 2026. [37:35] Special thanks again to Morgan O'Rourke and Hilary Tuttle of RIMS Risk Management magazine and the RIMS Publications Department for joining us on RIMScast. They will rejoin us for the first episode of 2026. That will launch on January 5th. [37:52] Mark your calendar and subscribe to RIMScast through your podcasting app of choice! Visit RMmagazine.com to check out The Year in Risk edition of Risk Management magazine. That's the Q4 edition. This is reporting from the best in the profession. [38:12] You can't get any better than RIMS Risk Management magazine. [38:17] Plug Time! You can sponsor a RIMScast episode for this, our weekly show, or a dedicated episode. Links to sponsored episodes are in the show notes. [38:44] RIMScast has a global audience of risk and insurance professionals, legal professionals, students, business leaders, C-Suite executives, and more. Let's collaborate and help you reach them! Contact pd@rims.org for more information. [39:01] Become a RIMS member and get access to the tools, thought leadership, and network you need to succeed. Visit RIMS.org/membership or email membershipdept@RIMS.org for more information. [39:18] Risk Knowledge is the RIMS searchable content library that provides relevant information for today's risk professionals. Materials include RIMS executive reports, survey findings, contributed articles, industry research, benchmarking data, and more. [39:34] For the best reporting on the profession of risk management, read Risk Management Magazine at RMMagazine.com. It is written and published by the best minds in risk management. [39:47] Justin Smulison is the Business Content Manager at RIMS. Please remember to subscribe to RIMScast on your favorite podcasting app. You can email us at Content@RIMS.org. [39:59] Practice good risk management, stay safe, and thank you again for your continuous support!   Links: RIMS Risk Management Magazine: Year In Risk Edition | Feature Article Facilitating Risk-Based Decision Making | Virtual Workshop | March 4‒5, 2026 RIMS-CRO Certificate Program In Advanced Enterprise Risk Management | Jan‒March 2026 Cohort | Led by James Lam RISKWORLD 2026 Registration — Open for exhibitors, members and non-members! Reserve your booth at RISKWORLD 2026! The Strategic and Enterprise Risk Center RIMS Diversity Equity Inclusion Council RIMS Risk Management magazine | Contribute RIMS Now Spencer Educational Foundation Scholarships | Submission Deadline Jan. 31, 2026 RISK PAC | RIMS Advocacy RIMS-Certified Risk Management Professional (RIMS-CRMP) | Insights Series Featuring Joe Milan! Upcoming RIMS-CRMP Prep Virtual Workshops: RIMS-CRMP Exam Prep | January 14‒15, 2026,  9:00 am‒4:00 pm EST, Virtual Full RIMS-CRMP Prep Course Schedule See the full calendar of RIMS Virtual Workshops "Managing Worker Compensation, Employer's Liability and Employment Practices in the US" | Jan. 21‒22, 2026   Upcoming RIMS Webinars: RIMS.org/Webinars   Related RIMScast Episodes: "Mid-Year Update 2025: RIMS Legislative and Risk Management News" "James Lam on ERM, Strategy, and the Modern CRO" "The Evolving Role of the Risk Analyst" "Presilience and Cognitive Biases with Dr. Gav Schneider and Shreen Williams" "Risk Rotation with Lori Flaherty and Bill Coller of Paychex" "Risk Quantification Through Value-Based Frameworks"   Sponsored RIMScast Episodes: "Secondary Perils, Major Risks: The New Face of Weather-Related Challenges" | Sponsored by AXA XL (New!) "The ART of Risk: Rethinking Risk Through Insight, Design, and Innovation" | Sponsored by Alliant "Mastering ERM: Leveraging Internal and External Risk Factors" | Sponsored by Diligent "Cyberrisk: Preparing Beyond 2025" | Sponsored by Alliant "The New Reality of Risk Engineering: From Code Compliance to Resilience" | Sponsored by AXA XL "Change Management: AI's Role in Loss Control and Property Insurance" | Sponsored by Global Risk Consultants, a TÜV SÜD Company "Demystifying Multinational Fronting Insurance Programs" | Sponsored by Zurich "Understanding Third-Party Litigation Funding" | Sponsored by Zurich "What Risk Managers Can Learn From School Shootings" | Sponsored by Merrill Herzog "Simplifying the Challenges of OSHA Recordkeeping" | Sponsored by Medcor "How Insurance Builds Resilience Against An Active Assailant Attack" | Sponsored by Merrill Herzog "Third-Party and Cyber Risk Management Tips" | Sponsored by Alliant   RIMS Publications, Content, and Links: RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community! RIMS Virtual Workshops On-Demand Webinars RIMS-Certified Risk Management Professional (RIMS-CRMP) RISK PAC | RIMS Advocacy RIMS Strategic & Enterprise Risk Center RIMS-CRMP Stories — Featuring RIMS President Kristen Peed!   RIMS Events, Education, and Services: RIMS Risk Maturity Model®   Sponsor RIMScast: Contact sales@rims.org or pd@rims.org for more information.   Want to Learn More? Keep up with the podcast on RIMS.org, and listen on Spotify and Apple Podcasts.   Have a question or suggestion? Email: Content@rims.org.   Join the Conversation! Follow @RIMSorg on Facebook, Twitter, and LinkedIn.   About our guests: Morgan O'Rourke, RIMS Director of Publications and Risk Management Magazine Editor in Chief Hilary Tuttle, Managing Editor, Risk Management Magazine   Production and engineering provided by Podfly.  

Episode Notes Open Source Readiness: https://osr.finos.org/docs/bok/Introduction http://osr.finos.org/FINOS AI Governance Framework: https://air-governance-framework.finos.org/ https://air-governance-framework.finos.org/ https://air-governance-framework.finos.org/Common Cloud Controls: https://ccc.finos.org/http://ccc.finos.org/ Get an early-access copy of Risk-First Software Development: https://riskfirst.org/Risk-First-Second-Editionhttps://riskfirst.org/Risk-First-Second-Edition

David Chau discusses how to apply options strategies to manage risk. He explains how to utilize expected moves and implied volatility to contextualize risk rather than predict market direction.======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6DSubscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

The FDA's new Quality Management System Regulation (QMSR), which replaces the 21 CFR Part 820 Quality System Regulation (QSR) and incorporates ISO 13485:2016 by reference, represents a significant harmonization effort in the medical device industry. While viewed by some as a mere streamlining, the change is mandatory, with an effective and fully enforceable date of February 2, 2026. The episode addresses industry complacency and details critical steps manufacturers must take immediately.The episode debunks the myth that familiar quality documents like the DHF, DMR, and DHR are being eliminated. While the specific terms are removed from the regulation's language, their substance is retained and mapped to new, ISO-aligned conceptual requirements: the Device Master Record (DMR) becomes the Medical Device File (MDF), the Design History File (DHF) becomes the Design and Development File (DDP), and the Device History Record (DHR) is captured in the Batch or Lot Record. The host emphasizes that internal documents can retain the old terminology, provided a clear regulatory mapping is established.Crucially, compliance requires more than just an ISO 13485 certificate. Two major philosophical shifts must be addressed: the explicit requirement for integrating lifecycle risk management as the DNA of the entire QMS, and the loss of the audit privilege, which makes internal audit reports, supplier audit reports, and management review records inspectable regulatory evidence. Furthermore, manufacturers must comply with retained, US-specific requirements under the QMSR's prevalence rule, especially concerning mandatory record content (§ 820.35) and specific labeling and packaging controls (§ 820.45).Key Timestamps[0:50] QMSR: The biggest shakeup to US quality requirements since 1996.[2:00] Effective Date: February 2, 2026—the clock is ticking.[2:42] The Goal: Harmonization with ISO 13485:2016 to reduce redundancy for global manufacturers.[3:50] Myth 1 Busted: The FDA is eliminating the DHF, DMR, and DHR (Documentation Dissolution).[5:10] Terminology Shift: DMR > Medical Device File (MDF, ISO 13485 Clause 4.2.3).[6:30] Terminology Shift: DHF > Design and Development File (DDP, ISO 13485 Clause 7.3.10).[7:40] Terminology Shift: DHR > Batch or Lot Record (ISO 13485 Clause 7.5.1).[8:40] The Practical Takeaway: Internal naming is fine, but regulatory mapping is mandatory.[10:30] Critical Shift 1: Risk Management is the DNA of the QMS—Explicitly required across all clauses.[13:00] Critical Shift 2: Loss of the Audit Privilege—Internal audit and management review records are now inspectable.[17:00] Critical Shift 3: Retained FDA Specifications (Prevalence Rule).

In this episode, Ricardo looks back at the year in projects with a mature and deeply reflective perspective, focusing on the lessons learned. He describes an intense year, marked by strong pressure for results, shorter deadlines, and increasingly tight budgets, where good planning ceased to be a differentiator and became a matter of survival. Execution took center stage, and mistakes became more costly. At the same time, artificial intelligence ceased to be a promise and became part of the daily routine of projects, bringing real productivity gains. AI did not replace the project manager; it replaced improvisation. Even so, the biggest challenge remained human: fatigue, overload, burnout, and failures caused by human exhaustion. The dispute between methods lost its meaning; those who knew how to adapt to the context won. Projects became more strategic, guided by value, purpose, and conscious choices for the future. Listen to the podcast to learn more!

Neste episódio, Ricardo faz uma retrospectiva do ano em projetos com um olhar maduro e profundamente reflexivo, focando no aprendizado. Ele descreve um ano intenso, marcado por forte pressão por resultados, prazos mais curtos e orçamentos cada vez mais apertados, em que planejar bem deixou de ser diferencial e passou a ser questão de sobrevivência. A execução ganhou protagonismo e o erro ficou mais caro. Ao mesmo tempo, a inteligência artificial deixou de ser promessa e passou a fazer parte do dia a dia dos projetos, trazendo ganhos reais de produtividade. A IA não substituiu o gerente de projetos, substituiu o improviso. Ainda assim, o maior desafio seguiu sendo humano: cansaço, sobrecarga, burnout e falhas causadas pelo desgaste das pessoas. A disputa entre métodos perdeu sentido; venceu quem soube adaptar ao contexto. Os projetos ficaram mais estratégicos, guiados por valor, propósito e escolhas conscientes para o futuro. Escute o podcast para aprender mais!

Gina Yacone — Virtual CISO at Trace3 and Roller Derby Penalty Box VisitorLive from B-Sides Jacksonville, No Password Required welcomes Gina Yacone, Virtual CISO at Trace3. Jack Clabby of Carlton Fields, P.A. and Sarina Gandy, host and producer of the CyberBay Podcast, host a conversation on Gina's unconventional career path, leadership under pressure, and the power of community in cybersecurity. With career stops in private investigation, digital forensics, and executive security, Gina brings a people-first, purpose-driven perspective to complex cyber risk.Gina shares how her early work as a private investigator on high-profile criminal defense cases laid the foundation for her success in cybersecurity. She also reflects on raising her hand for big challenges, the rewards and risks of always saying yes, and how authenticity has guided her. She offers insight on why conference hallway conversations can be just as impactful as keynote sessions.A visible advocate for the cybersecurity community, Gina speaks openly about setting healthy mentorship boundaries and building resilient professional networks.The episode wraps with the Lifestyle Polygraph, where Gina lightens the mood with stories from her roller derby days, dream Amazing Race partners, and why John Wick might just be the ultimate executive assistant.Follow Gina on LinkedIn: https://www.linkedin.com/in/ginayacone/ Chapters:00:00 Introduction to Cybersecurity and B-Sides Jacksonville01:16 Gina Yacone's Unique Journey to Cybersecurity06:22 Navigating Burnout in Cybersecurity08:06 The Importance of Raising Your Hand10:04 Adapting Leadership Styles in Different Roles 14:03 Being a Role Model for Women in Cybersecurity16:34 How to Establish a Good Mentee and Mentor Relationship18:50 Feedback and Constructive Criticism22:55  The Value of Hallway Conversations26:19 The Lifestyle Polygraph: Fun and Insights38:54 Conclusion and Future Connections

A single question ignites this week’s conversation: Can you really live on investment income alone in retirement? In this episode from this past weekend’s radio show, Abe Abich breaks down why income planning isn’t one‑size‑fits‑all, how risk should shift as you approach retirement, and what consolidation, diversification, and tax‑smart strategies can mean for long‑term stability. He also explores Roth opportunities, rebalancing habits, and the mindset change needed when moving from saving to spending. A focused, practical discussion for anyone navigating the transition into retirement’s “phase two.” Schedule your complimentary appointment today: TheRetirementKey.com Get a free copy of Abe’s book: The Retirement Mountain: The 7 Steps To A Long-Lasting Retirement Follow us on social media: YouTube | Instagram | Facebook | LinkedInSee omnystudio.com/listener for privacy information.

Ohio Farm Bureau recently held its 107th Annual Meeting. Adam Sharp, executive vice president, joins the podcast to share key highlights and a look ahead to 2026. We also hear from Laramie Sandquist, associate vice president of Risk Management for Nationwide Agribusiness with tips on staying safe on the road during the holiday season.

In Part 3 of Ship Recycling Insurance Explained, host Jamie Dalzell and Paulina, Head of Insurance at GMS, look ahead at the technologies, regulations, and ESG expectations that will shape the next phase of maritime risk management. As ship recycling becomes more regulated and data driven, owners, insurers, and recycling partners rely on stronger verification systems and real-time information to manage final voyage exposure. Paulina explains how digital tools, vessel tracking, AI based routing, and improved certification processes are increasing transparency and reducing risk across the recycling chain. The conversation highlights how insurers are now linking coverage and premium terms to ESG performance, worker safety standards, carbon considerations, and responsible recycling practices. The episode also explores how GMS prepares for regulatory change by strengthening audits, working with reputable insurers, and investing in digital monitoring to maintain high operational standards. Topics include: • How vessel tracking and digital tools support better risk decisions • The role of AI in voyage planning and incident prevention • How digital certification improves transparency and compliance • Growing ESG influence on underwriting, pricing, and coverage availability • Environmental liability trends and new regulatory expectations • How GMS prepares for future maritime and recycling regulations • The importance of proactive and responsible risk management This final episode ties together the themes of the series and shows how the future of ship recycling insurance will be shaped by technology, ESG performance, and evolving international standards.

In this episode of Disruption/Interruption, host KJ sits down with Min Kyriannis, a trailblazer in the global security industry and CEO of Amyna Systems. Min shares her journey from immigrant roots to industry leadership, discusses the evolving landscape of network security, and explains how Amyna Systems is revolutionizing device-level protection. The conversation covers the challenges of legacy technology, the importance of proactive security, and Min’s commitment to both technological and humanitarian causes. Four Key Takeaways: The Human Element is the Weakest Link [11:03]Min emphasizes that despite technological advances, human error and lack of education remain the biggest vulnerabilities in network security. Legacy Systems Create Modern Risks [16:00]Integrating old technologies with new networks opens up significant security gaps, as outdated protocols are not designed for today’s threats. Proactive Security Over Reactive Patching [15:01]The industry often relies on patching vulnerabilities as they arise, but Min advocates for addressing root causes to prevent issues before they occur. Amyna Systems’ Revolutionary Approach [25:12]Amyna Systems has developed patented technology that detects and remediates anomalies within seconds, providing a new layer of defense for modern networks. Quote of the Show (24:29):“You have to be constantly learning. You have to be constantly trying to discover something, and it’s always fascinating to see what’s there.” – Min Kyriannis Join our Anti-PR newsletter where we’re keeping a watchful and clever eye on PR trends, PR fails, and interesting news in tech so you don't have to. You're welcome. Want PR that actually matters? Get 30 minutes of expert advice in a fast-paced, zero-nonsense session from Karla Jo Helms, a veteran Crisis PR and Anti-PR Strategist who knows how to tell your story in the best possible light and get the exposure you need to disrupt your industry. Click here to book your call: https://info.jotopr.com/free-anti-pr-eval Ways to connect with Min Kyriannis: LinkedIn: https://www.linkedin.com/in/mkyri Company Website: https://amyna.io/ How to get more Disruption/Interruption: Amazon Music - https://music.amazon.com/podcasts/eccda84d-4d5b-4c52-ba54-7fd8af3cbe87/disruption-interruption Apple Podcast - https://podcasts.apple.com/us/podcast/disruption-interruption/id1581985755 Spotify - https://open.spotify.com/show/6yGSwcSp8J354awJkCmJlDSee omnystudio.com/listener for privacy information.

Professional sports franchises are some of the most recognizable brands on earth, yet many operate with negative annual cash flows. This deep dive moves past the scoreboard to explore the "Billion-Dollar Paradox": how trophies worth billions can lose money on paper while their valuations double every decade.The Pillars of Team RevenueModern sports finance has moved far beyond ticket sales and hot dogs. Today, revenue is driven by long-term, stable engines:Media & Broadcast Rights: The "stability engine" of sports. Leagues like the NFL have secured over $100 billion in media deals with giants like Amazon and ESPN. These deals provide a guaranteed income floor that supports high valuations regardless of on-field performance.Stadium Economics & Premium Seating: The real differentiator is controlling the "premium experience." Teams like the Dallas Cowboys generate over $600 million annually through high-margin luxury suites, club access, and naming rights deals (e.g., the $700M crypto.com Arena deal).The Real Estate Play: Sophisticated owners now build "entertainment districts" around stadiums. The Atlanta Braves' development, The Battery, actually generates more operating profit than the baseball team itself due to steady rental income and higher margins.The Financial Drains: Why Teams "Lose" MoneyDespite massive revenue, the high cost of competitiveness creates a brutal balance sheet:The Cost of Winning: Player salaries typically account for 50% to 60% of total revenue. This is a gargantuan fixed cost compared to other industries.The Luxury Tax: Leagues use this penalty to discourage runaway spending. Teams like the Golden State Warriors have paid hundreds of millions in penalties just to keep a championship-caliber roster together, viewed as an investment in long-term brand equity.Infrastructure Debt: Modern stadiums cost between $1B and $5B. These are financed with massive debt packages tied to future media revenue, making interest payments a significant recurring cost.Valuation vs. ProfitabilityIn sports, traditional metrics like EBITDA are often useless because they are volatile or negative. Instead, finance teams use:Revenue Multiples: Valuing a team based on total annual revenue divided by the sale price. Because revenue (from media) is predictable and growing, this provides a more stable anchor for billionaires and private equity firms.Asset Appreciation: Owners view teams like fine art or exclusive real estate. The scarcity of franchises (fixed supply) combined with rising global demand drives valuations up even when the income statement is in the red.Case Studies: Strategy on the SpreadsheetFC Barcelona: A cautionary tale of brand strength failing to protect a team from a "debt trap" caused by rigid player contracts and heavy infrastructure loans.Phoenix Suns: A textbook turnaround showing how modernizing ticketing analytics and stadium monetization can skyrocket a team's valuation before a single game is won.Oakland Athletics (Las Vegas Relocation): A pure infrastructure strategy—abandoning a money-losing venue for a new stadium they control in a high-tourism market.

✈️ Retire Pilots the Right Way!

Cybersecurity is essential for every practice that relies on technology. In this episode, guest Kaitlin Upchurch, Senior Vice President and Cyber & Tech Practice Leader at Lockton, addresses the cybersecurity questions practices are—and are not—thinking about. She explains why cybersecurity risks are often misunderstood, what makes health care a prime target, and why insurance alone is not enough. Tune in to understand your cyber exposure, the biggest threats facing practices today, and the first steps to strengthen your protection beyond buying a policy.  Chapters00:00 Intro00:47 Banter04:25 Guest background10:20 Tell us about Lockton.13:40 Do medical practices need cybersecurity?18:40 What are cybersecurity misconceptions?20:48 What are some cybersecurity threats?25:00 How can medical practices avoid cybersecurity issues?26:37 Access+27:16 Legal Takeaways28:45 OutroWatch full episodes of our podcast on our YouTube channel: https://www.youtube.com/@byrdadatto  Stay connected for the latest business and health care legal updates:WebsiteFacebookInstagramLinkedIn

In this episode of URMIA Matters, Michelle Smith, URMIA's Executive Director, interviews Sue Liden, URMIA's soon to be retired (again!) Education Manger. Join us for a heartfelt conversation as we honor Sue on the eve of her retirement! From her early days in the military to building a proactive risk management program at Pacific Lutheran University, Sue shares inspiring stories of resilience, reinvention, and leadership. Discover her top tips for solo risk managers, the power of networking through URMIA, and why telling your story matters in this profession. Plus, get a peek behind the curtain at URMIA's inner workings and hear what's next for Sue as she embarks on new adventures. This episode is packed with wisdom, warmth, and a celebration of a career dedicated to higher education risk management—don't miss it!Show NotesURMIA ScholarshipsVolunteer with URMIAGuestSue Liden, Education Manager - URMIAGuest HostMichelle Smith, Executive Director - URMIA Connect with URMIA & URMIA with your network-Share /Tag in Social Media @urmianetwork-Not a member? Join ->www.urmia.org/join-Email | contactus@urmia.org Give URMIA Matters a boost:-Give the podcast a 5 star rating-Share the podcast - click that button!-Follow on your podcast platform - don't miss an episode!Thanks for listening to URMIA Matters!

What's driving the changes in today's complex property insurance market, and how can we turn challenges into opportunities to better serve customers? Angi Orbann, National Property Lead and Vice President of Property, Personal Insurance, and Dan DiMugno, Assistant Vice President, Risk Management, Personal Insurance, both from Travelers, joined us to examine how the company views evolving market pressures. Learn how Travelers is using innovative solutions and analytics to better assess customer needs and help them protect their home investment. Also get insights into the critical role agents play in helping customers understand their exposure and make informed decisions. Watch the original Wednesdays with Woodward® webinar: https://institute.travelers.com/webinar-series/symposia-series/property-insurance.    --- Visit the Travelers Institute® website: http://travelersinstitute.org/. Join the Travelers Institute® email list: https://travl.rs/488XJZM. Subscribe to the Travelers Institute® Podcast newsletter on LinkedIn: https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7328774828839100417.  Connect with Travelers Institute® President Joan Woodward on LinkedIn: https://www.linkedin.com/in/joan-kois-woodward/. 

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereAre you sitting on piles of retained earnings but still unsure how to actually put your money to work as a business owner?So many incorporated business owners believe they're “well invested,” only to discover most of their wealth is sitting idle in corporate accounts — untouched because of uncertainty, fear of volatility, or analysis paralysis. This episode unpacks the real reason business owners think they're invested when they're not, why this misunderstanding creates missed opportunities year after year, and how over-focusing on finding the “perfect” investment stalls real progress. You'll hear what 400+ conversations with business owners revealed about risk, liquidity, and the mental blocks that keep money on the sidelines instead of building long-term freedom.You'll learn:Why your perceived investment risk profile often doesn't match your actual asset allocation — and how to fix itA simple framework for deciding how much cash to keep liquid versus how much to put into diversified, productive assetsThe small, consistent steps that reliably move retained earnings into growth without overwhelming complexity or added stressPress play to learn the most important wealth-building lesson business owners need before stepping into 2026.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Canadian business owners looking to build long-term wealth in 2025 face unique financial planning challenges, from managing cash flow and overcoming analysis paralysis to balancing investment strategies across multiple financial buckets. A strong Canadian wealth plan brings together diversification, risk management, and tax-efficient investing to support financial freedom in Canada—whetReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Risk is no longer confined to a single department—it's a business-wide challenge. In this episode, we explore how organizations can move from siloed approaches to a unified risk management strategy that drives resilience and competitive advantage. Host Alex Pillow is joined by Paul Nola, Partner at We Live Context, who shares insights from Moody's latest study on unified risk management. This research draws on 50 in-depth interviews with senior executives across industries and regions. Their discussion explores what unified risk management means, why it matters now, and how organizations can move from siloed compliance to integrated, strategic risk management. Key highlights include: The five factors that most influence an organization's risk approach Why continuity and resilience are top priorities today How organizations prioritize risks that are both high-impact and difficult to manage The critical role executive leadership plays in shaping risk management strategies The structural, cultural, and technological challenges that prevent companies from adopting unified risk management Visit our website to read the full report. Register for our webinar to hear insights from the study on Thursday, January 22, 2026 | 2:00 PM UTC | 9:00 AM ET  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode, we examine what actually happens when crypto markets break — how leverage builds beneath the surface, liquidity disappears, and liquidation cascades turn volatility into systemic failure. Doug Colkitt, a quantitative trader and DeFi builder whose experience spans both traditional finance and crypto market structure. Doug began his career on Wall Street at Citigroup before moving into high-frequency trading at Citadel during the 2008 financial crisis. He later built and traded his own systems across futures, volatility products, and international equities, including running a major market-making operation in Turkish stocks. Today, Doug focuses on crypto and DeFi infrastructure, working with perpetual futures, liquidation mechanics, and exchange design. We discuss why traders still get wiped out when they think they're hedged, how liquidation cascades accelerate, and what recent market failures reveal about leverage and market structure under stress. Links +Resources: Ambient Finance on X (Twitter): @AmbientFinance Website: https://ambient.finance Sponsor of Chat With Traders Podcast: ●       Trade The Pool:  ⁠⁠http://www.tradethepool.com⁠⁠    Time Stamps: Please note: Exact times will vary depending on current ads. 00:00:00  Intro and Background 00:03:43  Starting Individual Trading and High Frequency Systems 00:04:09  Focus on Index Futures and Competitive Markets 00:06:15  Michael Lewis's 'Flash Boys' and HFT Accuracy 00:07:00  Impact of HFT on Smaller Traders 00:09:13  Market Makers and Price Competition 00:09:37  HFT Evolution and Market Dynamics 00:11:24  Trading VIX Futures and Market Inefficiencies 00:13:08  Transitioning to Medium Frequency Trading 00:13:34  Trading Turkish Equities and Market Makings 00:15:35  Exploring Cryptocurrency Trading 00:18:32  Diving into Decentralized Finance (DeFi) 00:20:06  Arbitrage Opportunities in Crypto Markets 00:22:00  Flash Loans and Risk-Free Trading 00:22:48  Adjustments to Trading Bots Over Time 00:25:11  Criteria for Trusting Decentralized Exchanges 00:28:46  Liquidity Providing and Yield Opportunities 00:29:16  Volatility and Risks in Liquidity Provisioning 00:31:47  Understanding Perpetual Contracts in Crypto 00:36:04  October 10, 2025 Crypto Massacre Overview 00:37:36  Leverage and Market Dynamics 00:41:23  Impact of Liquidations on Market Sentiment 00:41:43  Market Maker Behavior During Crises 00:43:45  Liquidity Issues in Centralized Exchanges 00:44:53 Hyper Liquid Vault and Liquidation Dynamics 00:45:55 Market Making Strategies and Risk Management 00:49:15 Insurance Fund Models in DeFi 00:51:43 Ambient Finance Project Overview 00:53:08 Separation of Exchange and Clearinghouse 00:54:14 Innovations in Perpetual Trading 00:55:46 Takeaways from the October 10th Massacre 00:57:03 Future Plans for Insurance Fund Integration 00:58:28 Real World Assets and Crypto Integration Trading Disclaimer:  Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

Risk has always been part of doing business. What has changed is its scale, speed, and interconnected nature. In this episode, Sean Martin and Marco Ciappelli are joined by Megha Kumar, Chief Product Officer and Head of Geopolitical Risk at CyXcel, to explore how organizations can think more clearly about digital risk without becoming paralyzed by complexity.Kumar shares how digital resilience is no longer a technical problem alone. Regulations, infrastructure dependencies, geopolitical tensions, supply chain exposure, and emerging technologies such as AI now converge into a single operational reality. Organizations that treat these as isolated issues often miss the real picture, where one decision quietly amplifies risk across multiple domains.A central theme of the conversation is proportion. Kumar emphasizes that risk management is not about eliminating uncertainty, but aligning effort with value. Not every threat matters equally to every organization. Understanding who you are, where you operate, and where you are going determines which signals deserve attention and which are simply noise.The discussion also reframes geopolitics as a daily business concern rather than a distant policy issue. Companies operate inside global power dynamics whether they acknowledge it or not. Technology choices, supplier relationships, and market expansion decisions increasingly carry political and regulatory consequences that surface quickly and without warning.Rather than advocating for massive new departments or rigid frameworks, Kumar outlines a practical approach. Organizations can decide whether to avoid, mitigate, transfer, or tolerate risk, then revisit those decisions as conditions change. This mindset supports growth and innovation while avoiding the false comfort of static checklists.The episode closes on culture. Effective risk management depends on listening across roles, disciplines, and seniority. Internal dissent, diverse viewpoints, and external validation are presented as assets, not obstacles. In a world where uncertainty is constant, resilience comes from clarity, not control.Learn more about CyXcel: https://itspm.ag/cyxcel-922331Note: This story contains promotional content. Learn more.GUESTMegha Kumar, Partner, Chief Product Officer & Head of Geopolitical Risk at CyXcel | On LinkedIn: https://www.linkedin.com/in/drmeghakumarcyxcel/RESOURCESLearn more and catch more stories from CyXcel: https://www.itspmagazine.com/directory/cyxcelAre you interested in telling your story?▶︎ Full Length Brand Story: https://www.studioc60.com/content-creation#full▶︎ Spotlight Brand Story: https://www.studioc60.com/content-creation#spotlight▶︎ Highlight Brand Story: https://www.studioc60.com/content-creation#highlight Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this episode of "Next Steps 4 Seniors: Conversations on Aging," host Wendy Jones is joined by Bill Feldmaier and Mike Laske from Greenleaf Trust to discuss achieving financial peace of mind in retirement. They highlight the importance of comprehensive financial planning, organizing scattered assets, involving family in financial literacy, and working with fiduciary advisors. The conversation emphasizes proactive planning, clear documentation, and professional guidance to reduce anxiety, ensure smooth wealth transfer, and protect seniors’ legacies. Greenleaf Trust’s client-first approach and community involvement are showcased, encouraging seniors to seek expert help for a secure and confident retirement. For more information on Next Steps 4 Seniors, contact us at 248-651-5010 or at www.nextsteps4seniors.com Learn more : https://nextsteps4seniors.com/See omnystudio.com/listener for privacy information.

In finance, success often means getting bigger, yet time and again, the market cheers when a huge company decides to intentionally break itself up. Why does spinning off a subsidiary so often unlock massive shareholder value?In this episode of Corporate Finance Explained on FinPod, we break down the strategic logic, mechanics, and critical financial challenges behind corporate spin-offs, making it essential listening for anyone in corporate strategy, M&A, or investor relations.Spinoff Mechanics & Value DriversA spin-off is a powerful, generally tax-free maneuver where the parent company distributes shares of a subsidiary directly to its existing shareholders, creating a fully independent "pure play" company.Here are the four main reasons this strategy often makes the total value of the combined entities much larger than the original conglomerate:Strategic Focus: Separation enables each management team to focus solely on their specific business model (e.g., utility cash flow vs. software growth), thereby removing internal friction and distraction. Valuation Re-Rating (Pure Play Effect): The market hates complexity (conglomerate discount). Breaking the company apart allows analysts to value each "pure play" unit against specific, comparable peers (such as healthcare vs. aviation), instantly increasing the collective value. Better Incentives: Boards can tailor executive compensation (e.g., high stock options for a growth startup) to attract and retain specialized talent, which was impossible under the slow-growth parent. Capital Allocation Freedom: Separated companies can develop capital plans tailored to their specific needs (e.g., one invests billions in 5G, while the other focuses solely on dividends), thereby eliminating internal competition for resources.Case Studies: Breaking Up for GrowthWe examine pivotal spin-offs that redefined industries:PayPal & eBay (2015): PayPal, tethered to the eBay marketplace, was unable to partner with rivals like Amazon. Independence enabled it to launch an aggressive partnership blitz, resulting in its market cap more than doubling in three years due to the strategic freedom it afforded.AT&T & Warner Media (2022): Driven by massive capital allocation issues (feeding both the capital-intensive telecom core and the cash-burning streaming empire). The spin-off allowed AT&T to focus on paying down debt and 5G buildout.General Electric (GE): The ultimate pure play story. Separating the conglomerate into three focused businesses (Aviation, Healthcare, Energy) is projected to unlock significantly higher collective value by removing the devastating conglomerate discount.The Finance Challenge: Pitfalls and ExecutionThe strategy is powerful, but the execution is risky. Finance teams (FP&A, Treasury) must nail these critical areas:Standalone Viability: Building full financial statements from scratch to ensure the new company can survive and thrive without the parent's scale and support. Stranded Costs / Dis-Synergies: The hidden risk where the cost of duplicating shared services (IT, HR, accounting) and building new infrastructure is underestimated, potentially wiping out the expected value.Capital Structure Design: Carefully dividing the corporate debt to ensure both companies emerge with a healthy credit rating and leverage profile that fits their new strategic mission. Investor Communication: Crafting a crystal-clear narrative for investors, providing honest estimates for dis-synergy costs, and proving the math with a robust Sum-of-the-Parts (SOTP) valuation.The next time a spin-off is announced, look past the headlines: Check the clarity of the dis-synergy estimates and whether the new capital structure makes strategic sense. Radical simplification and the quest for pure play are often the most powerful tools in the corporate strategy playbook.

Innovation occurs across many areas, and compliance professionals need not only to be ready for it but also to embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, host Tom Fox welcomes back Gerry Zack to discuss a novel service offering in the compliance and risk management community: fractional and adjunct risk professionals. Zack explains how these roles can supplement companies that lack certain expertise or can't afford full-time positions, particularly highlighting the benefits of long-term relationships. The discussion also covers the distinctions between compliance and broader risk management, the flexibility of fractional contracts, and the importance of alignment in risk management practices across different organizational departments. Key highlights: Exploring the Concept of Fractional CCO Long-term Benefits of Fractional Roles Risk Professional Services vs. Compliance Applications and Benefits of Fractional Roles Challenges and Considerations Resources: Gerry Zack on LinkedIn Risk-Trek website Innovation in Compliance was recently ranked 4th among Risk Management podcasts by 1,000,000 Podcasts.

In this episode, Ricardo highlights the importance of milestones, baselines, and control points in project management, using December 31st as a powerful example of a milestone, both personally and organizationally. Just as individuals reflect on decisions and plan the future at the end of the year, projects and organizations use milestones to review budgets, compare goals, and consolidate results. Although the calendar is a human convention, milestones provide essential reference points for comparison and control. Without a clear baseline, it is impossible to assess real progress. Projects without milestones rely on perception, while projects with milestones rely on facts. Milestones are not bureaucracy; they are moments of reflection, decision-making, and adjustment that help prevent gradual and unnoticed project deviation. Listen to the podcast to learn more!

Vitaliy is one of the most prolific and respected alpinists of his generation and has a reputation as a master of long, complex alpine objectives—including becoming the first person to complete The Goliath Traverse in the Eastern Sierra…which might be the longest ridge traverse in the western hemisphere…if not the world.. He's established more first ascents in the Eastern Sierra than any other person, authored a three-volume guidebook series to the Eastern Sierra, and spent years developing new routes around the world. He's summited all the peaks in the Fitz Skyline and only has one summit left to complete the Torre Skyline: the infamous Cerro Torre. Even with such an astounding list of achievements, Vitaliy's deep sense of empathy, humility, and curiosity keep him grounded, thoughtful, and heartfelt.Sean McLane is an American climber and alpinist with a knack for hard ice climbing. He blends curiosity, adventure, and a commitment to exploring terrain that few others pursue. One of his life goals is to complete Guy Lacelle's Favorite 135 Ice Climbs—a notorious list of iconic, hard, and bold routes. Sean has currently completed 71 of the 135 and soloed 61 of them. That's an insane amount of soloing on hard ice routes. Along with several other first ascents, Sean recently put up The Penitent Path, a 12-pitch M9 considered one of the longest routes at the grade in the U.S. Beyond his technical prowess, Sean is a deeply thoughtful and introspective human—and this is his first time ever sharing his story.We start with Sean's background and how he was introduced to climbing while living abroad in China. We then explore a deeply personal and traumatic story from Sean's past involving a tragic ice climbing accident that took the life of Meg O'Neill and left Sean with a broken back. We use this story to expand on grief and loss, and learn how Sean processed these deep emotions and reintroduced climbing into his life. We then pivot to Vitaliy's background—a wildly unique story checkered with unbelievable suffering, uncertainty, and struggle, but also resilience, empathy, grit, and growth. Next, we dive into Vitaliy and Sean's recent climbing trip to India—an adventure that tested their commitment, focus, determination, and humility. We then contrast their India trip with a wildly successful and spontaneous trip to Patagonia. Finally, we close by diving into deeper topics around work-life balance, the sacrifices we make for success, unmitigatable risk justification, the concepts of faith, luck and self-reliance, and mastery versus complacency.Watch The Climbing Majority on YoutubeGiveaway Details HERE---Thanks to our sponsors!LIVSN DesignsCheckout their Ecotrek Trail Pants HEREUse Code "TCM15" At Checkout for an extra 15% OFF Your OrderHot Chillys Performance Base LayersCheckout their Micro Elite Chamois Base Layer Systems HEREUse Code "TCM15" At Checkout for 15% OFF Your OrderGet Access to Exclusive Episodes, Unlock Ad-Free Podcast, & MORE!ResourcesThe Shooting Star ScholarshipGuy Lacelle's 135 Ice ClimbsVitaliy's IGSeans's IG

Neste episódio, Ricardo explica a importância dos marcos, das linhas de base e dos pontos de controle na gestão de projetos, usando o dia 31 de dezembro como exemplo de um marco poderoso, tanto pessoal quanto organizacional. Assim como as pessoas reavaliam decisões e planejam o futuro no fim do ano, projetos e empresas utilizam marcos para revisar orçamentos, metas e resultados. Embora o calendário seja uma convenção humana, os marcos são essenciais porque permitem comparação e controle. Sem uma linha de base clara, não é possível saber se há progresso real. Projetos sem marcos vivem de percepção; com marcos, vivem de fatos. Marcos não são burocracia, mas momentos de reflexão, decisão e ajuste, fundamentais para evitar desvios graduais e silenciosos nos projetos. Escute o podcast para saber mais!

On Jesse's 11th "Ask Me Anything" episode, he unpacks four questions that sit at the center of real-life financial decision-making. He starts with a grounded look at the 15-year vs. 30-year mortgage debate, cutting through rules of thumb to show how interest rates, liquidity, cash-flow, and even your personal comfort with debt shape the right choice far more than blanket advice ever could. From there, he turns to the under-discussed strategy behind Health Savings Accounts—why the "invest and reimburse later" approach works, when it stops working, and how the tax bomb of leaving HSA dollars to non-spouse heirs should change how listeners think about funding and spending those accounts in their 50s and beyond. In a detailed case study, Jesse walks through a listener's complex 2026 tax year involving rental-property capital gains, ACA cliffs, Social Security timing, and potential Roth conversions, revealing how layered tax rules—income brackets, capital gains stacking, depreciation recapture, and NIIT—interact in ways that can either save or silently cost retirees thousands. And finally, he tackles whether a diehard DIY investor or Boglehead should ever hire a financial planner, drawing a sharp distinction between the "Uncle Franks" who truly live and breathe this stuff and the "Nicks" who love markets but miss the deeper planning work. With clarity, nuance, and practical wisdom, Jesse shows listeners not just what to do, but how to think through the tradeoffs that define good long-term planning. Key Takeaways: • A 15-year mortgage saves significant interest, but the higher monthly payments reduce cash-flow flexibility and increase default risk. • A 30-year mortgage often wins mathematically when investors "invest the difference," thanks to potentially higher long-term market returns versus fixed loan rates. • Choosing a mortgage term is partly a psychological decision, not just a financial optimization. • HSA dollars become a tax trap if left to non-spouse heirs, who must treat the entire balance as taxable income in the year of inheritance. • Selling a rental property triggers both capital gains and depreciation recapture, which can dramatically increase taxable income in that year. • DIY investors vary widely—some are true experts, while others know just enough to make avoidable mistakes. Key Timestamps: (02:04) – 15-Year vs. 30-Year Mortgage Debate (11:03) – Liquidity and Mortgage Payments (13:48) – HSA Accounts: When to Fund and When to Use (25:37) – Spending Down HSA Balances (26:39) – Allison's Financial Planning Dilemma (29:05) – Analyzing Capital Gains and Tax Implications (35:49) – Considering Social Security Timing (38:54) – The Role of Financial Planners for DIY Investors Key Topics Discussed:The Best Interest, Jesse Cramer, Wealth Management Rochester NY, Financial Planning for Families, Fiduciary Financial Advisor, Comprehensive Financial Planning, Retirement Planning Advice, Tax-Efficient Investing, Risk Management for Investors, Generational Wealth Transfer Planning, Financial Strategies for High Earners, Personal Finance for Entrepreneurs, Behavioral Finance Insights, Asset Allocation Strategies, Advanced Estate Planning Techniques More of The Best Interest: Check out the Best Interest Blog at https://bestinterest.blog/ Contact me at jesse@bestinterest.blog Consider working with me at https://bestinterest.blog/work/ Personal Finance for Long-Term Investors is a personal podcast meant for education and entertainment. It should not be taken as financial advice, and is not prescriptive of your financial situation.

Ready to take a deep dive and learn how to generate personal tax-free cash flow from your corporation? Enroll in our FREE masterclass here and book a call hereWhat happens when an investment made with leverage—whether through OPM, a HELOC, or a whole life policy—suddenly goes bad?Canadian business owners and families often worry about using leverage to build wealth, especially when markets turn or a deal underperforms. It's easy to feel uneasy when the value of an investment dips, your home equity stalls, or you're unsure how a leveraged move might affect your long-term financial security. This episode unpacks the emotional and financial realities behind these decisions, showing how to think clearly about risk, liquidity, and diversification—without letting fear shut down your wealth-building strategy.In this episode, you'll discover:Why the type of asset you leverage matters—and how different reservoirs (cash, home equity, whole life policies) behave when markets fall.How to structure your wealth reservoir so a single failed investment can't collapse your system.The mindset and mechanics behind maintaining liquidity, staying diversified, and making confident investment decisions even in volatile times.Press play to learn how to build a resilient wealth reservoir that keeps your financial system secure—no matter what your next investment does.Discover which phase of wealth creation you are in. Take our quick assessment and you'll receive a custom wealth-building pathway that matches your phase and learn our CRA compliant tax optimized strategies. Take that assessment here.Canadian Wealth Secrets Show Notes Page:Consider reaching out to Kyle…taking a salary with a goal of stuffing RRSPs;…investing inside your corporation without a passive income tax minimization strategy;…letting a large sum of liquid assets sit in low interest earning savings accounts;…investing corporate dollars into GICs, dividend stocks/funds, or other investments attracting corporate passive income taxes at greater than 50%; or,…wondering whether your current corporate wealth management strategy is optimal for your specific situation.Building long-term wealth in Canada starts with a clear Canadian wealth plan anchored in a strong wealth reservoir and smart investment strategies that balance growth with solid risk management. By integrating tools like a whole life policy, RRSP optimization, and tax-efficient investing, Canadian business owners can create an opportunity fund thReady to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.