Podcasts about Schwab

Contrast between today's macro backdrop and the 2021 Bitcoin peak, with tighter liquidity, higher rates, and far stronger structural support for BitcoinCory's base case: no classic 80% “crypto winter” drawdowns anymore and a strong chance of new all-time highs in 2026John's “yearly lows” chart framing: rising annual Bitcoin floors as proof of real accumulation and diminishing panic sellingLarry Fink, Harvard, sovereign wealth funds, and major banks (BofA, Vanguard, Schwab, Citi) as long-term Bitcoin buyers, not momentum touristsDiscussion of CFTC-approved spot Bitcoin trading on designated contract markets as another on-ramp for pensions and endowmentsBig critique of prediction markets and “scambling” (scam + gambling) as an extractive, nihilistic, fiat-era attempt to financialize everythingCory and John argue that crypto casinos, meme coins, and prediction markets are a giant gambling funnel that ultimately pushes people toward Bitcoin's seriousnessBitcoin and energy: riffing on Elon Musk and Jensen Huang's comments about Bitcoin turning stranded or excess energy into a universal monetary batteryMicroStrategy's new USD reserve is framed as a cosmetics move to soothe institutions and make their Stretch preferreds more attractive, not a change in core strategyCory pushes back on “Operation Chokepoint 2.0” de-banking narratives, distinguishing between true systemic exclusion and individual risky accounts being dropped Swan Private helps HNWI, companies, trusts, and other entities go beyond legacy finance with BItcoin. Learn more at swan.com/private. Put Bitcoin into your IRA and own your future. Check out swan.com/ira.Swan Vault makes advanced Bitcoin security simple. Learn more at swan.com/vault.

Larry Kriesmer shares how his career evolved from life insurance to options-driven wealth management, explaining that supervisory limitations at his former firm pushed him to launch his own RIA focused on option-based strategies. He and the host discuss the industry's longstanding discomfort with options, the differences among custodians, and the surge in option-centric ETFs driven by investor demand for income, downside buffers, and more predictable outcomes. Larry explains why he favors synthetic long exposure to the S&P 500, how options can create defined risk in ways traditional 60/40 portfolios cannot, and why repeated market shocks have increased interest in structures that limit drawdowns. He also stresses that while options can be powerful, they require real understanding—especially given the asymmetric risks—and that most investors are best served using simple strategies or working with experienced professionals. Larry Kriesmer shares his background transitioning from life insurance into wealth management and ultimately founding his own RIA due to options-related supervision limitations at his prior firm. We highlight how many insurance and brokerage firms restrict options usage because supervisors often lack the necessary licensing or comfort with the risks. Early-career experiences show how compliance departments often misunderstand options and overburden advisors executing client-driven trades. Larry explains that custodians also vary widely in their options competency, noting TD Ameritrade's historically advanced approach compared to more conservative platforms like Schwab and Fidelity. He describes how the growth of option-based ETFs and structured strategies reflects rising demand for income, risk buffers, and outcome-based portfolio design. Why options are resurging in popularity despite being decades old, tying it to investor frustration with unpredictable markets, multiple major drawdowns, and the need for more controlled outcomes. Larry outlines his discovery of options through studying indexed annuities, which showed him how options could define downside risk and reshape portfolio construction. He explains his core strategy of staying synthetically long the S&P 500 at all times, avoiding market timing, and focusing on capturing upside while limiting drawdowns. The conversation touches on potential expansion of his strategy into other sectors or international markets, though the S&P remains his primary exposure due to its self-healing nature. Larry critiques modern portfolio theory as outdated and insufficient for managing real downside risk, arguing that a bond-plus-options structure can outperform a traditional 60/40 on a risk-adjusted basis. You discuss how 2022 exposed the limitations of conventional diversification when both stocks and bonds fell simultaneously. Larry emphasizes that while options can be powerful tools, investors must deeply understand which side of the contract's risk they are assuming to avoid catastrophic losses. He concludes that most investors should pursue education but ultimately rely on professionals or ETF structures if they want to safely incorporate options into their portfolios. Today's Panelists: Kirk Chisholm | Innovative Wealth Barbara Friedberg | Barbara Friedberg Personal Finance Phil Weiss | Apprise Wealth Management Follow on Facebook: https://www.facebook.com/moneytreepodcast Follow LinkedIn: https://www.linkedin.com/showcase/money-tree-investing-podcast Follow on Twitter/X: https://x.com/MTIPodcast For more information, visit the show notes at https://moneytreepodcast.com/strategies-for-modern-investors-lawrence-kriesmer-770 

Mark Thompson reveals the principles of readiness that he's used to help aspiring CEOs get the top job.— YOU'LL LEARN — 1) The one behavior that makes you more CEO-like 2) Why to take on your boss' problems3) The question that dramatically improves your appealSubscribe or visit AwesomeAtYourJob.com/ep1115 for clickable versions of the links below. — ABOUT MARK — Mark Thompson is a globally recognized authority on CEO succession, executive readiness, and high-stakes leadership transitions. He has led more than a hundred board-level engagements to prepare C-suite successors to step confidently into enterprise leadership. He is the founding chairman and CEO of the Chief Executive Alliance and the CEO Leadership Plan Review (LPR). Previously, he served as chief executive of the CEO Academy, a SHRM company, in partnership with Wharton and McKinsey.Earlier in his career, Thompson reported directly to founder Charles “Chuck” Schwab, serving as executive producer of Schwab.com, the first large-scale digital platform for online investing. In 2021, he was ranked by Marshall Goldsmith as the #1 CEO Coach, and in 2023 he was inducted into the Thinkers50 Coaching Legends.• Book: Admired: 21 Ways to Double Your Value• Book: CEO Ready: What You Need to Know to Earn the Job--and Keep the Job• Website: ChiefExecutiveAlliance.com— RESOURCES MENTIONED IN THE SHOW — • Study: “How Leaders Develop Collaborative Leadership for Effectiveness” by Bonita Thompson• Book: The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change by Stephen Covey• Book: Contact: A Novel by Carl Sagan• Book: Creativity, Inc.: Overcoming the Unseen Forces That Stand in the Way of True Inspiration by Ed Catmull and Amy Wallace• Past episode: 273: Taking Control of your Career with Korn Ferry's Gary Burnison— THANK YOU SPONSORS! — • Vanguard. Give your clients consistent results year in and year out with vanguard.com/AUDIO• Quince. Get free shipping and 365-day returns on your order with Quince.com/Awesome• Taelor. Visit Visit taelor.style and get 10% off gift cards with the code PODCASTGIFT• Cashflow Podcasting. Explore launching (or outsourcing) your podcast with a free 10-minute call with Pete.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Andrew, Ben, and Tom discuss Trump's announcements yesterday and bond investors' concerns about Kevin Hassett. Song: Colder Weather - Zac Brown BandFor information on how to join the Zoom calls live each morning at 8:30 EST, visit:https://www.narwhal.com/blog/daily-market-briefingsPlease see disclosures:https://www.narwhal.com/disclosure

Tim and Mary take on a news cycle that pauses just long enough to acknowledge the rabbit hole of Big Tech. This has to be the case, because so much of what we do and see and hear is undergirded by this infrastructure, which has been building for 100 years. It’s so very interesting from a prophecy perspective, that the world is obsessed with tech, algorithms, and control of our everyday lives. Today we talk about Trump’s recent Ai executive order, “The Genesis Mission”. People are just delusional enough to think it will make life better. It will not, it cannot. In that vein, we discuss “The United States of Delusion” that explains in simple terms just how manipulated we really are in our thinking on a wide range of social issues. Then along comes a woman who was married to a Schwab-ite and she blows the lid off that level of manipulation via the WEF. Sensing a theme here, as always we want more than ever to keep you from being deceived. What a world.

Ryan Eisenman is the CEO and co-founder of Arch, a tech platform redefining how allocators manage their private investments through what he calls the “Schwab for private markets”. Ryan shares his journey on how he met his co-founders, early challenges in selling to family offices, and the product's evolution from automating K-1s to serving as a seamless digital hub for every private investment an LP holds. We explore Arch's rapid growth to over 500 clients, their client-obsessed culture, why he sees being in-office is a competitive advantage and how they have expanded into capital call fraud detection and enhanced workflows. We wrap by discussing trends in private markets, their approach to organic versus inorganic growth and why he believes the future of private markets will look more like public market platforms - with integrated, user-friendly digital solutions. Learn More Follow Capital Allocators at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠@tseides⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ or ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Subscribe to the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠mailing list⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Access transcript with ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Membership⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Editing and post-production work for this episode was provided by The Podcast Consultant (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://thepodcastconsultant.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)

Joining us today are two very significant creative forces over at the upstart indie comics publisher that promotes, “comics of every kind for every mind” Cosmic Lion Productions.One is not just the founder Cosmic Lion, but he is also a comic creator himself, fellow podcaster, and maybe one of the most enthusiastic Grendel megafans I've ever seen. The other is the critically acclaimed, Eisner-nominated cartoonist who you may know for his work on MAD Magazine and his cult comic series Minimum Wage.It is our pleasure to welcome both Eli Schwab & Bob Fingerman onto The Oblivion Bar Podcast!---Thank you Oni Press & Endless Comics, Cards & Games for sponsoring The Oblivion Bar PodcastFollow us on InstagramFollow us on TikTokFollow us on BlueSkyConsider supporting us over on PatreonThank you DreamKid for our Oblivion Bar musicThank you KXD Studios for our Oblivion Bar art

Box2Box, with Michael Edgley and Willem van Denderen.In mid-November, long-time football administrator and Football Australia Hall of Fame member Brendan Schwab wrote a piece titled: '‘Australian football is at its most important point this century. Our destiny as a football nation is at stake', for Football360.In an extended chat Brendan expands on his piece, and provides esteemed insight on the various challenges facing the Australian game as it looks to 'build its fourth professional era':from governance to broadcast rights, independent media coverage to club longevity, and plenty more.Also on the agenda: Faber departs Adelaide United, Pantazopolous has the last laugh in the Sydney Derby, Cooney-Cross' wonder goal, and plenty more...Follow us on X: https://twitter.com/Box2BoxNTSLike us on Facebook: https://www.facebook.com/profile.php?id=100028871306243 Enjoy our written content: https://www.box2boxnts.com.au/See omnystudio.com/listener for privacy information.

Hans and Brian sit down with the Tax Sherpa team—Neal, Serena, and Fatma —to walk through the tax implications of options trading before it's too late to do anything about it.Most in the Remnant caucus of the Low Stress Options community haven't filed a tax return reflecting this trading activity yet. They're tracking weekly income in their spreadsheets and assume that's what they'll owe taxes on—but the brokerage statements tell a completely different story. The bottom line? If you're making real money trading options, you need actual tax strategy in place now—not in March when it's too late to make adjustments.Chapters: 00:00 - Opening segment02:20 - How options are actually taxed (short-term capital gains, rolling, assignments)06:05 - Active trader vs passive trader: do you want professional trader status?08:35 - The $3,000 capital loss limit explained (and why it's basically a slap in the face)11:05 - Offsetting gains with losses: you can deduct more than $3,000 in the current year13:45 - Tax loss harvesting and why FREC's approach is interesting15:00 - How rolling options creates separate taxable events17:05 - Why the $3,000 limit was never inflation-adjusted (it should be $25-30K today)18:15 - Gambling losses and why they only offset gambling wins20:25 - What your brokerage statement will actually show vs what the tracker shows22:40 - Real estate as a "tax sponge" for offsetting capital gains24:00 - Interest tracing: deducting policy loan interest on Schedule A26:00 - Should you use one policy exclusively for investment loans?28:25 - Why you shouldn't be doing this with TurboTax29:00 - Mortgage interest deduction limits after the Big Beautiful Bill35:20 - Using an LLC for trading: real estate, consulting, or all-in-one?37:55 - Why crypto taxes are endlessly complex (smart contracts, staking, DeFi)47:15 - Wash sale rule: does getting assigned invoke it?55:30 - The Tax Sherpa process: survey, planning, executionKey Takeaways:Options are taxed as short-term capital gains (at your ordinary income rate) in 99% of cases—each contract is a separate taxable event, so rolling creates multiple transactionsThe $3,000 capital loss limit is the NET position—you can offset unlimited gains plus an additional $3,000, then carry forward the remainder into future yearsYour brokerage tracker shows return on equity; Schwab reports each individual trade—they're answering different questions, which is why people are often pleasantly surprised at tax timeIf you're using policy loans to fund trading, you can deduct the interest on Schedule A through interest tracing—but you have to actually pay it and document the allocationProfessional trader status (mark-to-market accounting) is almost never advantageous unless trading is literally your full-time business with substantial daily activity and deductible expensesCustodial accounts for kids don't provide much tax benefit due to kiddie tax rules—and they count against the student for financial aid purposes, unlike parent-held assetsDo your tax planning NOW, not in March—once the year is over, you've lost the ability to make strategic adjustments that could save you tens of thousands of dollarsGot Questions? Reach out to us at info@remnantfinance.com or book a call at https://remnantfinance.com/calendar !Visit https://remnantfinance.com for more informationFOLLOW REMNANT FINANCEYoutube: @RemnantFinance (https://www.youtube.com/@RemnantFinance )Facebook: @remnantfinance (https://www.facebook.com/profile.php?id=61560694316588 )Twitter: @remnantfinance (https://x.com/remnantfinance )TikTok: @RemnantFinanceDon't forget to hit LIKE and SUBSCRIBE

Andrew Poles is an executive coach, leadership strategist, and ultra-endurance athlete dedicated to helping visionary founders scale their businesses without burning out.With 20+ years of experience, Andrew has coached over 10,000 leaders from companies like NASA, Dell, Schwab, Epic Games, and Netflix. After leading and turning around multi-million-dollar businesses, he left the corporate world to launch his coaching practice—hitting six figures in six weeks and doubling year over year since.Andrew's approach blends neuroscience, leadership psychology, and storytelling, helping first-time founders navigate the leap from individual contributor to visionary CEO.As an ultra-endurance athlete, Andrew also understands high performance on a whole different level—training for and completing the grueling Telluride 100 Mountain Bike Race at 10,000 feet elevation. His upcoming book explores what endurance sports teach about leadership, mindset, and breaking past self-imposed limits.SHOWNOTES:

Droneshield has had a remarkable rise and fall through 2025, but has come under fire after its CEO sold $50 million worth of shares in the company.See omnystudio.com/listener for privacy information.

From there, the conversation turns to what advisors actually experience on the ground: Cetera's unique ownership with Genstar and the benefits of a “fresh clock”• The breadth of affiliation models and why Cetera calls itself a “forever home”.• How multi-custody (Pershing, Fidelity/NFS, Schwab, self-clearing) helps recruiting and M&A.• Insights on Avantax, Concourse, and ongoing industry consolidation.• Why advisor equity ownership strengthens alignment.• Cetera's focus on organic growth through regional teams and the Growth Line program.• How the firm thinks about transition deals, scale, and long-term profitability.• What advisors may not realize about Cetera's structure, communities, and support model.Frank and Mike also contrast Cetera's approach to scale with other major players, discuss the realities of transition deals in a changing rate environment, and talk about why insurance, tax, and planning-based advice remain central to a “super hybrid” advisor value proposition.If you're an advisor considering independence - or re-evaluating your current platform - this conversation offers a detailed, unscripted look at how Cetera operates, what makes it different, and how it's preparing for what Mike calls a very “dynamic” next ten years in wealth management.Resources:Elite Consulting Partners | Financial Advisor Transitions: https://eliteconsultingpartners.comElite Marketing Concepts | Marketing Services for Financial Advisors: https://elitemarketingconcepts.comElite Advisor Successions | Advisor Mergers and Acquisitions: https://eliteadvisorsuccessions.comJEDI Database Solutions | Data Intelligence for Advisors: https://jedidatabasesolutions.comListen to more Advisor Talk episodes: https://eliteconsultingpartners.com/podcasts/Follow us on LinkedIn: https://linkedin.com/company/eliteconsultingpartners

Nick Hopwood, CFP and founder of Peak Wealth Management, shares strategies to help Americans retire with confidence. From navigating market volatility and comparing brokers like Robinhood, Schwab, and Fidelity, to making the most of forgotten 401(k)s and last-minute Roth conversions, Nick covers it all. Get your finances in peak shape before the year ends.  Visit PeakWM.com/Gruber to get in on the last chance for a Roth Conversion before year end!

Fui de pé atrás, mas estreei-me no género “romantasy” e gostei imenso. E gostei ainda mais de conhecer esta autora, cujo sucesso e mérito falam por si. Espero que gostem.Os livros que a Abigail escolheu como favoritos:(A série Twilight, Stephenie Meyer;)Unbroken, Laura Hillenbrand;A série The Thrawn Star Wars, Timothy Zhan;A série Dungeon Crawler Carl, Matt Dinniman;Twilight, Stephenie Meyer.Outras referências:Cascade Point, Timothy Zhan;A autora que mais lê: Betty Neels.Os livros que escreveu e estão em Portugal:Trilogia A Contenda (The Dominion series):Os Jogos dos Deuses (The Gods Games Gods Play);Aquilo que os Deuses Destroem (The Things Gods Break).O livro que escolheu no fim:Enterrai os Nossos Ossos no Solo da Meia-Noite (Bury our Bones in the Midnight Soil), V.E. Schwab.O outro que recomendei:Watch me, Tahereh Mafi (da série “Shutter Me”).Os livros aqui:www.wook.pt

Don and Tom go deep on a shady “non-profit” financial education group that funnels retirees into high-commission indexed annuities, using a listener tip to unpack the advisor's fake credentials, mismatched ADV filings, dubious fiduciary claims, and the simple math that reveals where the money really comes from. Along the way, they cover how to investigate advisors yourself, why financial fairy tales persist, and answer listener questions on Avantis gold holdings, private equity's impact on small-cap value, and the quality of Schwab's 529 plan. 0:04 Don's industry rant and a look at the “American Financial Education Alliance” disguise. 1:01 How pseudo-nonprofits target advisors and consumers with “no-sales” sales pitches. 2:20 Tom's take on the recycled seminar game and fake educator designations. 3:40 Listener tip sparks Don's PI dive into the flyer, claims, and contradictions. 4:49 How to vet advisors using BrokerCheck and Form ADV. 5:58 The firm's tiny AUM and impossible economics of their claimed operations. 8:02 The Maryland house vs. the Lakewood Ranch mansion — where the money REALLY comes from. 9:25 The inevitable reveal: indexed annuity commissions driving the whole machine. 10:18 Breaking down the seminar pitch language and the deceptive “market returns without risk” promise. 11:24 Why the sales story collapses under math and dividends. 12:34 The “licensed fiduciary” myth and regulatory reality for small firms. 14:38 How consumers get fooled by the fiduciary framing in seminar mailers. 16:13 Don and Tom dissect the pre-fab radio/TV show factories behind these advisors. 17:19 Why the meeting is the real sales trap — and how to avoid it. 18:48 Don's plea: stop believing financial fairy tales. 19:26 Don jokes about infiltrating steak-dinner seminars undercover. 20:14 Transition to listener Q&A from Maryland: AVDV's gold exposure. 21:26 Why Avantis owns gold miners without being “in gold.” 23:47 Momentum, value screens, and why the gold weight makes sense. 24:26 Gold Hill, Oregon 529 question: Is the Schwab plan good? 25:30 Age-based 529s and Schwab's low-cost structure. 27:28 Private equity fears: will it starve small-cap value indexes? 28:41 Why the concern is mostly a media creation, not an investment reality. 29:48 Don on the IPO–private–IPO cycle and how markets actually work. 30:11 Why private equity performs worse in bad markets. Learn more about your ad choices. Visit megaphone.fm/adchoices

After you listen:Check out the first episode of this two-part series, "What Makes a Financial Plan Fit Your Life?"Explore Schwab's other educational resources around financial planning.In this episode of Financial Decoder, Mark Riepe and Steph Shadel delve into the intricacies of financial planning and portfolio management. They discuss the importance of aligning a portfolio with your financial goals, understanding risk tolerance, and the significance of diversification and rebalancing. The conversation also addresses common misconceptions about portfolio management, the emotional aspects of investing, and the impact of market conditions on decision-making. Additionally, they explore tax efficiency and the importance of regularly updating financial plans to reflect life changes.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit schwab.com/FinancialDecoder. If you enjoy the show, please leave us a rating or review on Apple Podcasts.Reach out to Mark on X @MarkRiepe with your thoughts on the show.Follow Financial Decoder on Spotify to comment on episodes.Important DisclosuresInvestors in mutual funds and/or ETFs should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus via . Please read the prospectus carefully before investing.This material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions.Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal.​Past performance is no guarantee of future results.Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, municipal securities including state specific municipal securities, small capitalization securities and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy.Diversificatio, asset allocation, and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.Rebalancing may cause investors to incur transaction costs and, when a non-retirement account is rebalanced, taxable events may be created that may affect your tax liability.Neither the tax-loss harvesting strategy, nor any discussion herein, is intended as tax advice and Schwab Center for Financial Research does not represent that any particular tax consequences will be obtained. Tax-loss harvesting involves certain risks including unintended tax implications. Investors should consult with their tax advisors and refer to the Internal Revenue Service (IRS) website at www.irs.gov about the consequences of tax-loss harvesting.This information is not a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager, Estate Attorney) to help answer questions about specific situations or needs prior to taking any action based upon this information. All names and market data shown are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Schwab Wealth Advisory™ ("SWA") is a non‐discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. Schwab and SWAI are affiliates and are subsidiaries of The Charles Schwab Corporation.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.1125-DJ7M Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Show notes: In this 86th episode of the Drawing Funny podcast, we say so long to the 2025 spooky season, and look ahead to what's coming up for that other holiday season. I've got news about local holiday markets/events in the mid-south, and the upcoming ⁠Mid-South Cartoonists Association⁠'s "The Art Of The Game" happening in December/January at the ⁠Memphis Jewish Community Center⁠. I'll have a few pieces in that show.I also look back at some of the Halloween related events I attended such as ⁠Monster Market⁠ and the Centennial Celebration of the 1925 movie "The Phantom Of The Opera" at the ⁠Beale Street Monster Club⁠. I interviewed the Monster Club's co-founder, Michael Cox while at ⁠A. Schwab's on Beale⁠ and found out more about the club's origins. My wife Nicki and I also checked out author/monster club co-founder Tony Kail's ⁠Beale Street Hoodoo Museum⁠ upstairs, and had some hand dipped chocolate shakes downstairs made by Elliot Schwab. You can see pics from my visit to Beale on my ⁠HaveGeekWillTravel.com site.⁠It was definitely another busy fall schedule, and continues to be as we head into Thanksgiving. The following week after Turkey Day the MSCA will have their monthly Dinner gathering at Garibaldi's Pizza off Walker Avenue near the U of M. This month is their Annual Holiday Art Swap, and the deadline to turn in pieces for the next art show. ⁠Check out the MSCA website for more info and links HERE.⁠ ***SHAMELESS PLUG ALERT!!!***I need to make some Christmas cash, and if you need some unique holiday gifts be sure to check out ⁠my art sale⁠. Details in this episode and on my art website at ⁠www.LinWorkman.com⁠. Free delivery in the mid-south for the monsterpiece paintings, sorry- no shipping. Cash (PayPal or card) and carry, only. I've also got several ⁠sketchcards⁠ and ⁠sketchcover comics and zines⁠ at ⁠The Cellar Table Top Games & Comics⁠ out in Bartlett, TN. Lots to choose from!Thanks for "tooning in". Hope you all have a Happy Thanksgiving!LINKS:Drawing Funny Podcast website – ⁠⁠www.drawingfunny.com⁠⁠Drawing Funny Podcast on Spotify – ⁠⁠www.podcasters.spotify.com/⁠⁠Drawing Funny Podcast on Apple – ⁠www.podcasts.apple.com/us/podcast/drawing-funny/⁠Lin Workman Art Site – ⁠www.linworkman.com/⁠Have Geek Will Travel (Beale Street visit) – ⁠www.havegeekwilltravel.com/⁠Mid-South Cartoonists Association/MSCA (Memphis, TN) – ⁠⁠www.midsouthcartoonists.org⁠⁠Beale Street Monster Club –⁠ www.facebook.com/profile.php?id=61554859980515⁠Memphis Monster Market – ⁠www.memphismonstermarket.com/⁠A. Schwab on Beale – ⁠https://www.a-schwab.com/⁠Beale Street Hoodoo Museum – ⁠www.hoodoomuseum.org/⁠"King" Jerry Lawler's Hall of Fame Bar and Grille – ⁠www.lawlersonbeale.com/⁠Garibaldi's Pizza (U of M) – ⁠⁠www.garibaldispizza.com⁠Memphis Japan Fest – ⁠www.memphisjapanfestival.org/⁠Toshigawa Universe (store) – ⁠www.toshigawa-universe.square.site/⁠Toshigawa Universe (YouTube) – ⁠www.youtube.com/@ToshigawaUniverse⁠Playhouse On The Square – ⁠www.playhouseonthesquare.org/⁠Germantown Community Theatre – ⁠www.gctcomeplay.org/⁠Memphis Jewish Community Center – ⁠www.jccmemphis.org/⁠Shape Shifter Art School and Gallery – ⁠www.shapeshifterartschool.com/⁠Memphis Zine Fest – ⁠www.instagram.com/memphis_zine_fest/⁠Blues City Comic Con (Memphis)– ⁠www.bluescitycomiccon.com/⁠Animation Y'all! Expo (Nashville) – ⁠www.animationyall.com/⁠DeSoto Arts Council (Hernando, MS) – ⁠www.facebook.com/desotoartscouncil⁠Theme: ⁠⁠⁠music ⁠“Silly Bank Heist”⁠⁠, "Phantom In The Organ" and "Presents On Christmas Morning" by Steve Oxen⁠⁠⁠⁠.⁠⁠ News intro theme by ⁠David Fesliyan⁠. ⁠"Holiday Hustle" by David Renda⁠.©2020 ⁠⁠Fesliyan Studios Inc.⁠⁠ – music and sound effects used by permission.Harmonica solo by ⁠Kevin L. Williams/Soloman DH Blues⁠.Movie quotes ⁠⁠101soundboards.com.⁠⁠⁠⁠“Drawing Funny” podcast⁠⁠⁠ hosted/produced by ⁠⁠⁠Lin Workman⁠⁠ ©2025. “Drawing Funny” is intended for entertainment and educational purposes only.Run time: 56min 9sec

The Hogwarts Professor comment threads have been jumping so Nick Jeffery and John Granger decided to dedicate a conversation to a review of the Greatest Hits in the last week (to do a complete review yourself, click on ‘Activity' in the left margin of the Hogwarts Professor Substack home page).After their reviewing the remarkably global and growing audience of Rowling Readers — 36 countries, 46 states! — and tracking The Presence's location — her yacht seems to be in Fiji but she is touring Levesden Studios? — Nick and John read out fifteen comment subjects and discuss the merits, deficiencies, and promise of each.The lede story is the theory shared by Jaclyn Hayes that Cormoran Strike and the late Charlotte Campbell were half-siblings with Jonny Rokeby in common as their absentee father. From her notes: I think Charlotte was blackmailed (via threat of exposing the relatedness btw her and Cormoran) into marrying Jago to provide him a male heir. Perhaps their relatedness is even an open secret in Charlotte's family, similar to the “secret” relatedness of Decima and Rupert in THM (another parallel). Charlotte was forbidden from telling Cormoran about the blackmail, but since she's conniving and obsessed with him, she uses their unexpected encounter at the Paralympics gala to drop hints about her predicament, hoping he'll solve the mystery and save her or take her back once she's fulfilled the terms of her marriage/birth agreement with Jago. She then orchestrates another encounter with Cormoran to drop more hints-- this time at Franco's, which she knows will trigger the memory of her father's outrage at seeing her and Cormoran dating again. She hopes Cormoran will realize her father was angry because he knew they were related, not simply because he thinks Cormoran wasn't good enough for her. She then tells Coromoran things would be different if he'd taken the job her father offered him (calling to mind the job Tara gives Rupert to keep him quiet in THM), and says she found out she was pregnant at Tara's house and later “lost” (not aborted) the baby. Read the whole thing. Ed Shardlow's response, in which he points out that the hallmark given to silver and DNA testing of human beings have a lot in common, and Tamspells and Jaclyn Hayes discussion of Strike's dreams in previous books give the Strike:Charlotte::Rupert:Decima theory some heft. Cheryl Rose Orrocks asked for help with research she is doing on a possible divine marker, mythologically divine at least, being placed in each book at the appearance of that novel's killer. The only holes in her theory at the time Nick and John recorded their conversation were Troubled Blood and Running Grave — and Catherine has since posted a neat solution for Strike 5. Check that out and please share the missing god or goddess from Running Grave!Nick and John also review and discuss:* Ed Shardlow's idea that the characters creating narratives inside Rowling-Galbraith stories are perhaps best understood as creating their stories as Rowling writes hers, i.e., inspired by Lake material and crafted with the tools in their Sheds;* Vicky's thank you to Dr Fimi for the Ursula Le Guin quotation;* Ed Shardlow's ‘RL Mystery' with back-up from Tamspells and J. S. Maleksen;* Cheryl Rose Orrocks' YouTube notes about the Dirty Bomb Theory conversation (and just how wrong John is about Carmen the opera and Carmen Ellacott); and* Answers to listener requests for more information — all of which can be found in the Links section below!In the week to come, John pledges to post his Hallmarked Man Names exegesis, Nick is working on his review of Aurora Leigh, the supposed template of Ink Black Heart (and the only book ever confirmed by Rowling as such), they will record their Part Two ring charting this weekend, and John is reorganizing his 2017 seven week online course — Wizard Reading Formula — for which class Paid Subscribers will get a greater than 50% discount.John and Nick thank everyone listening and especially those active on the comment threads and taking part in the Hallmarked Man Ring Reading Workshop!Links to Subjects Discussed in the Conversation Above:Cheryl Rose Orrocks: Can you let me know the title and author of the book about Gothic elements?The one John used for Harry Potter's Bookshelf was Patterns of fear in the Gothic novel, 1790-1830 by Ann Tracy, now only ‘in print' via a Kindle version.John read from his much longer Harry Meets Hamlet and Scrooge: Harry Potter's Hogwarts Adventures as the Gateway to English Literature in the conversation above, in which the list of subjects is spelled out (e.g., the castle, supernatural atmosphere, horror, isolation, subterranean passages, fragmentation and reunion, prophecy, ancestral curse, tainted blood, bond of blood, graveyard, corpses, Decay of Aristocratic Privilege, Rise of Bourgeoisie, forest, memories, dreams, found book, doppelgangers, scar or tell-tale mark, mysterious stranger, confused origin, night, mist and fog, distant past, death,, etc.).John also recommends The Handbook of Gothic Literature, ed. Marie Mulvy-Roberts, and The Cambridge Companion to Gothic Fiction, ed. Jerrold Hogle.Who is the mystery writer John was talking about who killed a women when she was an adolescent?Anne Perry, author of the Thomas and Charlotte Pitt and William Monk series of historical detective fiction. John recommends Anne Perry and the Murder of the Century, the book written by the journalist who out'd Perry as a convicted murderer writing murder mysteries. Perry died in 2023. J. S. Maleksen I too enjoyed this post, immensely. Can someone recommend a version of Cupid and Psyche and other relevant works of mythology for a Striker who assiduously avoided mythology through seven years of post-secondary education. I'm willing to gut it out in order to understand Rowling's work. TIA.John shared his favorites in the conversation above — Hamilton's Mythology: Timeless Tales of Gods and Heroes, Graves' The Greek Myths, Powell's Classical Myth, and Schwab's Gods and Heroes: Myths and Epics of Ancient Greece but Dr Dimitra Fimi responded in the thread today:It's a really difficult question this, and yet it shouldn't be. But the truth is that there is no contemporary authoritative collection of Greek/Classical mythological retellings that's up-to-date with recent scholarship, etc. Catherine recommends Hamilton's book below, which is still good in many respects, but these earlier compilations (like Bulfinch's too) often synthesize different versions of mythological narratives, and omit some interesting variations. My recommendations are a bit heavier on the scholarly side of things, but still readable (the issue will be getting hold of them, but I provide links where possible):1) Classical Myth by Barry B. Powell - as implied by the astronomical price on Amazon.uk (https://amzn.to/3JYkLfF) this is mostly available second-hand now, but there is a scanned version via Archive.org: https://archive.org/details/classicalmyth0000powe (you'll need to create a free account, but once you do you can log in and borrow the book digitally to read)2) Early Greek Myth: A Guide to Literary and Artistic Sources (2 Volumes) by Timothy Gantz is great, and at least easier to get hold of. It gives the tales and their versions as well as an overview of their sources. The Amazon price of Vol. 1, for example, is a bit more accessible: https://amzn.to/4oTFKQ1For those interested in the de profundis interpretation of classical myth, see The Door in the Sky: Coomaraswamy on Myth and Meaning and Symbolism in Greek Mythology by Paul Diel.You can find the post about Beedle the Bard that Dr Fimi discussed in her conversation with Nick and John at her Substack, ‘A Kind of Elvish Craft:' “You must've heard of Babbitty Rabbitty!”: Secondary World Fairy Tales in J.K. Rowling's Harry Potter Series This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit hogwartsprofessor.substack.com/subscribe

Fresh off his Schwab Cup Championship win, Stewart Cink joins Webb Simpson, Ben Crane, and William Kane for a fast, honest conversation about golf, faith, and life. Stuart shares his path from lean college years to the PGA Tour, the story of coming to faith through College Golf Fellowship, and why trusting Christ changes how you handle results on the course. He opens up about walking with Lisa through cancer, the peace they found in dependence on Jesus, and the line he keeps close from Tim Keller on suffering. The guys swap Turnberry memories, talk Champions Tour life, gospel mentorship on Tour, and finish with a fun E9.

Don and Tom open with the investor mistakes Christine Benz highlighted in Morningstar: portfolio sprawl, concentration in the same large-cap tech names, clinging to ancient active funds, ignoring reallocations, and failing at both asset allocation and asset location. The show then shifts into calls—first about fears of an “AI crash,” then a heartbreaking case of an 80-year-old widow stuck in an expensive, incoherent Schwab-built portfolio, which Don dismantles live. Later, Roth conversion strategy, smishing scams, and a closing riff on Bitcoin's extreme volatility versus gold. A packed episode on how bad habits, high fees, and fear derail investors—and how a simple, globally diversified plan avoids most of it. 0:04 Intro and Christine Benz's list of common portfolio mistakes 0:56 Portfolio sprawl and “hodgepodge-itis” 1:32 Overloaded baskets of large-cap tech stocks 2:52 The 31-year-old underperforming fund problem 3:54 Active vs. passive: the shift the industry still hasn't admitted 4:03 Asset allocation errors driven by ignoring the plan 4:51 Why rebalancing matters (and why people never do it) 5:40 Asset location mistakes and why taxes demand a smarter structure 6:15 Why these errors are easy to fix with a simple plan 7:58 Don solo; open phones 8:23 Caller: Fear of an “AI crash” and whether it can tank the market 11:16 Building a portfolio that can withstand any crash 13:01 International ballast and why planning matters more than predictions 14:27 Don solo again; open phones 15:17 Smishing scams and the rise of SMS-based fraud 16:13 How cheap scam-software makes fraud explode 17:08 Caller: 80-year-old widow with an awful Schwab portfolio 18:27 Don investigates the tickers—high fees, obscure funds, bad structure 19:57 Schwab dropped her; Don: “This advisor should be fired” 21:07 Why the portfolio lost money and what those numbers really mean 22:26 Active funds, high turnover, and tax drag 24:01 Don's verdict: unload the mess and move to simple, low-cost indexing 25:01 Why a target-date fund may be the cleanest fix 26:33 Take the risk quiz; why advisors should be boring 27:00 Don vents about industry incompetence and fee-only failures 28:23 Why advisors chase “exciting” instead of sound 30:02 Caller: Roth conversion when 70% of assets are in traditional IRAs 31:25 Why conversion benefits are minor but sometimes worthwhile 32:33 Strategy: convert up to top of the 24% bracket 33:19 Wrap-up and call for last questions 34:56 Gold vs. Bitcoin: which is actually stable? 36:09 Why Bitcoin's volatility makes it a terrible “currency” Learn more about your ad choices. Visit megaphone.fm/adchoices

On this week's episode of You Are What You Read, we are joined by Victoria “V. E.” Schwab, the #1 New York Times bestselling author of more than twenty books, including the acclaimed Shades universe, the Villains series, the City of Ghosts series, Gallant, The Invisible Life of Addie LaRue and The Fragile Threads of Power. Her latest, Bury Our Bones in the Midnight Soul, is a genre-defying novel about immortality, hunger, love and much more. In this conversation we talk about Victoria's process, her literary influences, and the books that informed her writing life. Learn more about your ad choices. Visit megaphone.fm/adchoices

Schwab, Sylvia www.deutschlandfunkkultur.de, Lesart

Schwab, Sylvia www.deutschlandfunkkultur.de, Lesart

On this episode of Christopher Lochhead: Follow Your Different, Christopher yielded his host chair as he joined Tom Schwab in The Podcast Interview Marketing Show to discuss the rise of the Creator Capitalist. Through their dialogue, Christopher Lochhead and Tom Schwab explored why the foundational model of “knowledge work” is swiftly becoming obsolete in the age of artificial intelligence. More importantly, they charted a path forward for professionals and entrepreneurs seeking to not just survive but thrive by transitioning from knowledge workers to what Lochhead calls “creator capitalists.” This episode unpacked how AI is upending the value of existing knowledge, why declaring and differentiating your value matters more than ever, and how podcasts exemplify and enable the new rules for standing out in a commoditized world. You're listening to Christopher Lochhead: Follow Your Different. We are the real dialogue podcast for people with a different mind. So get your mind in a different place, and hey ho, let's go.   AI and the Death of the Knowledge Worker A core theme throughout the conversation is Lochhead's assertion that the traditional knowledge worker is now on an “already dead” trajectory. Echoing Peter Drucker's concept from seventy years ago, Lochhead dissected the evolution of knowledge work: those who acquire valuable knowledge and are paid to apply it to achieve outcomes. For decades, professions like law, medicine, and accounting thrived on this value proposition. But as Lochhead put it, “AI makes the value of existing knowledge closer to zero every day, and it makes the ability to apply existing knowledge easier, cheaper, and closer to zero.” As machine learning and generative AI like ChatGPT and Claude can instantly synthesize and apply troves of information, merely applying knowledge is no longer a competitive edge. In Lochhead's words, “If you rely solely on applying existing knowledge to get paid, you're already behind the curve.” The world's next wave of success stories won't be those who can recite best practices or historical information; instead, it'll be pioneers who create entirely new categories, products, and perspectives.   Declaring and Defending Your Value in a Commoditized Marketplace This paradigm shift has profound implications for how expertise and content are valued. Schwab and Lochhead explore the necessity, not just of creating new value, but of unmistakably declaring it to the market. Lochhead's release of his book “Lightning Strike Marketing”—priced defiantly at $100—became a case in point. The rationale wasn't greed, but a strategic effort to defend the book's value and signal that it's not merely recycled or commoditized information. Lochhead observed, “Unless you declare you are valuable, you will be devalued by AI.” The traditional model, where business books have hovered at the $25 mark for decades, fails to align pricing with the value delivered and only invites further commoditization. By staking out a bold price point, the book became a "lightning strike" in its own right. The move generated word of mouth, forced a choice for buyers, and ultimately achieved bestseller status on Amazon for global marketing books. At the heart, the message is clear: creators who want to lead must not only generate differentiated intellectual property but stand firm against the eroding forces of commoditization. “Better invites a comparison; different forces a choice,” Lochhead added, marking the essential blueprint for becoming a category of one.   Podcasts and Category Design: The New Playground for Net New Value A recurring motif, interwoven through both Christopher Lochhead's and Tom Schwab's journeys, is the unique power of podcasts as both a proving ground for new ideas and a channel for building “relationship and reputation capital.” In contrast to AI-generated summaries or formulaic blog posts, podcasts uniquely foster authentic, serendipitous dialogue between real human beings.

Zum Start unserer DVS-Woche ist Dr. Sebastian Schwab, Sprecher der DVS-Kommission Fußball, bei zum Podcast-Interview zu Gast. Wir sprechen über die Brücke zwischen Wissenschaft und Praxis, darüber, was die dvs Kommission Fußball eigentlich ist und über eine aktuelle Studie, die zeigt, wie Trainer*innen im Spiel coachen. Diese Woche kommt an jedem Wochentag ein neuer Podcast mit spannenden Interviews mit Wissenschaft & Praxis aus dem Jugendfußball. Viel Spaß mit dieser Folge SPIELTRIEB!

In this episode, Kathy Jones and Liz Ann Sonders discuss some recent investor' questions involving credit risks, government debt, and the potential for an AI bubble. Then, Mike Townsend, Schwab's Washington-based political analyst, joins the show to discuss the end of the government shutdown. He and Liz Ann and Kathy cover the provisions within the agreement to reopen the government, including the potential extension of subsidies for the Affordable Care Act. They also discuss the upcoming Supreme Court ruling on tariffs and how the government might take a while to get caught up on data releases involving employment and inflation information. Kathy and Liz Ann routinely answer questions about the effects of government debt and deficits, and they ask Mike Townsend for his thoughts on how and when that issue might be resolved. Finally, they address upcoming changes to the tax code and the political fallout of the shutdown.You can keep up with the latest developments out of Washington—and learn how they might affect investors—by following Mike Townsend on X and LinkedIn. You can also listen to and follow his podcast, WashingtonWise.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.This information is not a specific recommendation, individualized tax  or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager, Estate Attorney) to help answer questions about specific situations or needs prior to taking any action based upon this information.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(1125-9E27) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Don and Tom question a surprising Wall Street Journal column arguing that annuities should become the default option in 401(k) plans. They explore why the idea is gaining traction, where the logic breaks down, and how the insurance industry benefits when complexity outpaces understanding. Along the way, they dig into the real shortcomings of annuities—fees, opacity, inflation risk, liquidity traps—and why “guarantees” often mask the true cost. Listener questions follow, covering tax-efficient stock cleanup at Schwab, spouse disagreements over individual stock picking, automatic ETF withdrawals at Vanguard, and building Dimensional portfolios inside Aspire plans. 0:04 Don's rant: “What the world needs now is… more annuities?” 1:20 WSJ's argument: make annuities the 401(k) default 2:05 Why income complexity doesn't justify default annuities 3:01 Do annuities actually solve longevity risk? 3:29 Inflation, joint-life costs, and who really wins 4:20 Insurance industry reputation and the unanswered criticisms 5:15 High fees, opacity, and why mistrust is earned 5:59 Are annuity sales tactics the real barrier? 7:02 Should annuities be in 401(k)s at all? Don vs. Tom 7:36 Why annuities are mostly sold, not bought 9:10 Liquidity traps and major-life-event risks 10:01 Why “plans” matter more than “products” 10:57 Listener questions: why nobody calls anymore 11:14 Q1: Selling a brokerage full of individual stocks at Schwab 12:46 Q1b: How to convince a spouse who loves stock picking 14:21 Indexing vs. anecdotal evidence 16:21 SPIVA data and why active managers lose 17:02 Q2: Can Vanguard automate ETF withdrawals? 19:05 Fractional shares and why purchases are allowed 20:25 Q3: Aspire 403(b) options and DFA overload 23:46 How many DFA funds do you really need? 24:44 Micro-cap risks and portfolio sprawl 25:42 Tom's pumpkin-patch grandkid cameo Learn more about your ad choices. Visit megaphone.fm/adchoices

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In this episode, we expose the unsettling rise of transhumanism—the global elite's plan to merge man with machine and rewrite creation itself. From DARPA's brain-interface projects to Klaus Schwab's “Fourth Industrial Revolution” and Ray Kurzweil's promise of digital immortality, the push to transcend God's design has never been more blatant. We trace the spiritual roots of this movement—the same lie from Eden that “ye shall be as gods”—and reveal how it connects to modern biotech, AI, and the manipulation of human and agricultural seed. This isn't science fiction; it's the seed war of our generation. The battle lines are drawn between the image of God and the image of the machine—and only one kingdom will stand.Email: thefacthunter@mail.comReferences: Ray Kurzweil, The Singularity Is Near  Julian Huxley, Transhumanism  World Economic Forum, “The Great Reset” DARPA, Next-Generation Nonsurgical Neurotechnology (N3)  Neuralink Whitepaper, “An Integrated Brain-Machine Interface Platform Psalm 139:14; Genesis 1:26-27; Genesis 3:5; Proverbs 20:27 (KJV) Nick Bostrom, Superintelligence  Oxford Future of Humanity Institute publications Google Calico corporate filings  Human 2.0 – The Future of Sense Making https://youtu.be/xttBHcXZGM8?si=3ggAL1fvhf4P0i7L Peter Thiel on Transhumanism and the Future of Humanity https://youtu.be/YSp07P8jvYs?si=YUe2wvwdu6LJHpTI

Our Research and Investment Management analysts Michael Cyprys and Denny Galindo discuss how and why cryptocurrencies are transitioning from niche speculation to portfolio staples. Read more insights from Morgan Stanley.----- Transcript -----Michael Cyprys: Welcome to Thoughts on the Market. I'm Mike Cyprys, Head of U.S. Brokers, Asset Managers and Exchanges for Morgan Stanley Research.Denny Galindo: And I'm Denny Galindo, Investment Strategist for Morgan Stanley Wealth Management.Michael Cyprys: Today we break down the forces making crypto more accessible and what this shift means for investors everywhere.It's Tuesday, November 11th at 10am in New York.We've seen cryptocurrencies move from the fringes of finance to being considered a legitimate part of mainstream asset allocation. Financial platforms, especially those serving institutional clients, are starting to integrate crypto more than ever.Denny, you've written extensively about the crypto market for some time now among your many jobs here at Morgan Stanley. So, from your perspective in wealth management, what are you hearing from retail clients about their growing interest in crypto?Denny Galindo: Yeah, we actually started writing about crypto back in 2017. We had our first explainer deck, and we started writing extensive educational reports in 2021. So, we've covered it for a while.Advisors who dabble in crypto typically had this one client. He asked a lot of questions about when they could do more. We also had some clients who were curious, maybe their neighbor made a lot of money, bought a new boat and they were like wondering, you know, what is this Bitcoin thing?Now, this year we've seen a sea change. I think it was the election really started it; the Genius Act, and some of the legislation also kind of added to it. Almost all this interest is really on Bitcoin only, although we also have gotten a decent amount of interest about stablecoins and how those might impact things. But it's really just the beginning and I think it's an area that's; it's not going to go away.Mike, on the institutional side, what trends are you seeing among asset managers and brokers in terms of crypto adoption integration?Michael Cyprys: So, we've seen a big move into the ETF space as large money managers make crypto easier to access for both retail and institutional investors. Now this comes on the back of the SEC approving the first spot Bitcoin and Ethereum ETFs back in 2024. And since then, we've seen firms from BlackRock to Fidelity, Franklin, Invesco, and many others, including crypto native firms having launched spot Bitcoin ETFs and spot Ethereum ETFs. And these steps in the minds of many investors have legitimized crypto as an investible asset class.Most recently, we've seen the SEC adopt generic ETF listing standards for crypto ETFs that can make it easier to accelerate ETF launches in reduced regulatory frictions. And today the crypto ETF space is about $200 billion of assets under management and saw inflows of over [$]40 billion last year, over [$]45 billion so far this year – despite some of the near-term volatility. And most of the asset class today is in Bitcoin, single token ETFs, with BlackRock and Fidelity managing the largest ETFs in the space.Speaking of products, what types of crypto are retail investors most curious about? And why do those particular ones make sense for their portfolios?Denny Galindo: Yeah, I think you hit the nail on the head. The most popular products are really the Bitcoin products. We as a firm allowed solicitation in Bitcoin ETPs more than a year ago in brokerage accounts. We just expanded them to allow them in Advisory in October. So, we're still early days here. There really hasn't been that much interest in the other crypto products.Now when people think about this, there's three buckets here. There are some people that think of it like digital gold. And they're worried about inflation. They're worried about government deficits. And that's kind of the angle that they're approaching crypto from. A second group think of it like a venture capital, like a disruptive innovation in tech that's going after this big addressable market. And, you know, hopefully the penetration will rise in the future. And then the third bucket is really thinking [of it] out it as a diversifier. So, they're saying, ‘Hey, this thing is volatile. It doesn't match stocks, bonds, other assets. And so, I kind of want to use it for diversification.'Now, Mike, when you have these discussions with institutional clients, how do they view the risk and potential of these different cryptocurrencies?Michael Cyprys: What's interesting with the crypto space is adoption started on the retail side with institutions now slowly beginning to explore allocations. And that's the opposite of what we've seen historically with institutions leaning in ahead of retail in areas, whether it's commodities or private markets. But it's still early days.On the institutional side, we're starting to see some pensions, endowments, foundations begin to make some small allocations to Bitcoin as a long-term inflation hedge. But keep in mind, institutions tend to make investments in the context of strategic asset allocations, often with a broader macro framework.Denny, you've written quite a bit about the four-year crypto cycle. Could you explain what that is and where you think we are in the current crypto cycle?Denny Galindo: Yeah, if you look at the data, you see a pretty clear trend of a four-year cycle. So, there's three up years and one down year, and it's been like clockwork, since Bitcoin was invented.Now when you see something like that, you always try to explain like: why is this happening? So, there's two kind of dominant explanations that we've seen. So, one's macro, one's micro. Now the macro version for crypto is really the M2 cycle. So, we see that M2 to that global M2 money supply has kind of accelerated and decelerated in four-year cycles, and Bitcoin tends to really match that cycle. It tends to accelerate when M2's accelerating and it tends to decline when it's decelerating or declining.But there's also this bottoms-up way of looking at it, and commodities are really the place we go to for that analysis. So, a lot of commodities, you know, could be coffee, could be oil – if something disrupts supply, you tend to get the shortage, you get the price moving up.Then you get commodity speculators piling in, adding leverage. And it'll just kind of go parabolic. At some point something pops the bubble, usually more supply, and then you get like a great depression. You get like an 80 percent draw down. All the leverage comes out and the whole thing crashes. So crypto has also followed that.Now, we break the four-year cycle into four seasons: spring, summer, fall, and winter. And each season has a different characteristic about which parts of the market work, which don't work, what things look like. We are in the fall season right now. And that tends to last about a year. We wrote a note last year on this. Fall is the time for harvest. So, it's the time you want to take your gains.But the debate is, you know, how long will this fall last? When will the next winter start? Or maybe this pattern won't even hold in the future. And so, this is the big debate in the crypto circles these days.And Mike, given the volatility, given the great depressions we talked about in Bitcoin with these, you know, 70-80 percent drawdowns, how do you see it fitting into institutional portfolios compared to other cryptocurrencies?Michael Cyprys: Compared to other cryptocurrencies, Bitcoin is still viewed as the flagship asset within the crypto space – just given higher adoption, greater liquidity, the sheer market value. It has longer history and better regulatory clarity as compared to other tokens. But given the volatility as you mentioned, and the early days nature of cryptocurrencies, adoption is still quite nascent amongst institutional investors.Some institutional investors view Bitcoin as digital gold or macro hedge against inflation and monetary debasement. It's also sometimes viewed as a low correlation diversifier within multi-asset portfolios. But even that's also been a debate in the marketplace too.As we look forward from here, crypto adoption within institutional portfolios could potentially expand as regulatory clarity establishes a clear framework for digital assets, right? We had the Genius Act recently that focused on stablecoins. Next up is market structure. There's a bill working its way through Congress.We've also had developments on the ETF side that lower[s] barriers for institutions to gain exposure there. Not only is it more accessible within traditional portfolios, but the ETF fits nicely into day-to-day workflow.So, bottom line is institutional views on Bitcoin and crypto are evolving, and how firms view Bitcoin – we think will depend upon the institution's objectives, their risk tolerance and portfolio context. And keep in mind that institutional allocations don't turn on a dime. They tend to be slower moving.Denny, do retail clients take a similar approach or are they more likely to take bigger bets?Denny Galindo: Our clients struggle with this question. And so, we get a lot of questions like, ‘Okay, I don't want to miss this. I'm a little nervous about it. What allocation should I use here?' And so, we go back to our three, kind of, typical investors when we try to answer this question. We really try and help people figure out where is equal weight.So, we wrote a note in February called “Are you Underweight Bitcoin?” And we have three different answers depending on how you're thinking of it. And, you know, there's a big debate. There's no clear answer. And that's not really where we want our clients. We want them to be smaller where they can have some exposure if they want it. Not everyone wants it, but if you do want it, you can have it. And it won't really dominate the volatility of the portfolio.Now, on another note, Mike, are you seeing legacy platforms start to offer crypto as well?Michael Cyprys: So crypto ETFs are generally available in self-directed brokerage accounts across the industry today. Schwab, for example, commented that their customers hold $25 billion in crypto ETFs, which is about, call it 20 percent share of the ETF space. But access to these crypto ETFs is a bit more restricted within the Advisor-led channel. But we're starting to see that broaden out for ETFs and eventually might see model portfolios with allocations toward crypto ETFs.But when you look at spot crypto trading, though, that generally remains out of reach of most legacy platforms. The key hurdle for that has been regulatory clarity and with a more crypto friendly administration that is changing here.So, Schwab, for example, acknowledged that they have the regulatory clarity needed and they're working towards launching their spot crypto trading platform in the first half of next year.On that topic, Denny, how do you view the merits of holding crypto directly versus through an exchange-traded product like ETFs?Denny Galindo: Yeah, I mean, our clients are mostly not day trading this product and kind of moving it back and forth.So, the ETPs have been a pretty good answer for them. The one issue is liquidity. And so, we're not used to thinking of this in; the U.S. equity markets are the most liquid markets. But in crypto, the crypto markets, the spot markets are actually more liquid than the equity markets.So, you get a lot of liquidity even after hours, even 24x7. And as other markets around the world kind of take the lead. But most of our investors aren't treating it that way. They're not day trading it, and they're really keeping it more like that digital gold allocation. And so, they just need to adjust the position size, you know, once a month, once a year maybe; just kind of buy and hold.But I wonder, you know, as more people get more comfortable, it could become more important in the future. So, it's an open question, but for now, the ETPs have been a pretty good answer here.Michael Cyprys: Fascinating space. Denny, thanks so much for taking the time to talk.Denny Galindo: It was great speaking with you, Mike.Michael Cyprys: And thanks for listening. If you enjoy Thoughts on the Market, please leave us a review wherever you listen and share the podcast with a friend or colleague today.

After you listen:Read more about the benefits of having a financial plan in the article "5 Ways Financial Planning Can Help."Explore Schwab's education and resources around financial planning.In this episode of Financial Decoder, Mark Riepe is joined by Stephanie Shadel, senior wealth advisor at Schwab, to discuss the essential elements of making a new financial plan, focusing on navigating key financial decisions. They explore the importance of setting personal goals, the barriers that prevent individuals from creating a financial plan, and the necessity of honest assessment of your priorities and present situation. Stephanie shares her experiences with past clients and highlights the emotional aspects of initial choices that start the planning process.Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit schwab.com/FinancialDecoder. If you enjoy the show, please leave us a rating or review on Apple Podcasts.Reach out to Mark on X @MarkRiepe with your thoughts on the show.Follow Financial Decoder on Spotify to comment on episodes.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions.Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal.​Past performance is no guarantee of future results.All names and market data shown are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Schwab Wealth Advisory™ ("SWA") is a non‐discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. Schwab and SWAI are affiliates and are subsidiaries of The Charles Schwab Corporation.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.1125-7H1W Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this Crypto 101 Podcast episode, Tevo and Brian break down a volatile week where crypto, stocks, and gold all fell together amid government gridlock and macro anxiety. Despite fear in retail circles, they emphasize that fundamentals remain strong, with institutions actively buying into Bitcoin, Ethereum, and Solana. The hosts highlight massive whale selling, a privacy coin breakout led by Zcash, and the steady advance of new ETFs signaling deep institutional conviction. They close with optimism — noting that volatility is opportunity, the “McRib indicator” is back, and prediction markets show growing mainstream integration.Efani Sim Swap Protection: Get $99 Off: http://efani.comcrypto101Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.comCheck out Gemini Exchange: https://gemini.com/cardThe Gemini Credit Card is issued by WebBank. In order to qualify for the $200 crypto intro bonus, you must spend $3,000 in your first 90 days. Terms Apply. Some exclusions apply to instant rewards in which rewards are deposited when the transaction posts. This content is not investment advice and trading crypto involves risk. For more details on rates, fees, and other cost information, see Rates & Fees. The Gemini Credit Card may not be used to make gambling-related purchases.Check out Plus500: https://plus500.comGet immediate access to my entire crypto portfolio for just $1.00 today! https://www.crypto101insider.com/cryptnation-directm6pypcy1?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=DescriptionGet your FREE copy of "Crypto Revolution" and start making big profits from buying, selling, and trading cryptocurrency today: http://www.cryptorevolution.com/free?utm_source=Internal&utm_medium=YouTube&utm_content=Podcast&utm_term=DescriptionChapters00:05 — Intro: markets drop across crypto, stocks, and gold; setting up the “bloody week” discussion.01:40 — Macro overview: government shutdown, Fed uncertainty, and AI short trades shaking confidence.03:38 — Fear & Greed Index analysis; Bitcoin hovers near $100K, retail panic vs institutional calm.06:09 — Technical levels: key supports at $100K and $90K, risk management talk.09:27 — Whale selling and ETF data; redistribution from long-term holders to institutions.15:49 — Institutional accumulation: Bitwise, Schwab, Ark, and Robinhood add exposure.24:44 — Global Bitcoin arms race: U.S. vs China and major holders' accumulation.32:26 — Solana ETF inflows and bullish institutional demand amid a choppy market.34:40 — Privacy coins surge, led by Zcash breaking into the top 20 cryptos.37:33 — Lighter close: McRib's return meme, AI token plays, and prediction market trends.MERCH STOREhttps://cryptorevolutionmerch.com/Subscribe to YouTube for Exclusive Content:https://www.youtube.com/@crypto101podcast?sub_confirmation=1Follow us on social media for leading-edge crypto updates and trade alerts:https://twitter.com/Crypto101Podhttps://instagram.com/crypto_101*This is NOT financial, tax, or legal advice*Boardwalk Flock LLC. All Rights Reserved  ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Fog by DIZARO https://soundcloud.com/dizarofrCreative Commons — Attribution-NoDerivs 3.0 Unported — CC BY-ND 3.0 Free Download / Stream: http://bit.ly/Fog-DIZAROMusic promoted by Audio Library https://youtu.be/lAfbjt_rmE8▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬Our Sponsors:* Check out Gemini Exchange: https://gemini.com/card* Check out Plus500: https://plus500.com* Check out Plus500: https://plus500.com* Check out TruDiagnostic and use my code CRYPTO101 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Story of the Week (DR):Tesla says shareholders approve Musk's $1 trillion pay plan with over 75% voting in favorElon Musk and Optimus dance as Tesla (TSLA) shareholders approve his $1 trillion CEO pay packageThe anti-CEO wave:Palantir CEO Alex Karp blasts Ivy League grads supporting socialist New York Mayor-Elect MamdaniBank of America CEO Moynihan Will Give Mayor-Elect Mamdani 'Our Best Advice'Elon Musk's Brain Crashes When Asked Why He Thinks Zohran Mamdani Is a LiarElon: “You got to hand it to him, he does — he can light up a stage. But he's just been a swindler his entire life.”Rogan: what has Mamdani actually done that makes him a swindler?“Ummm,” Musk ponders, before stuttering into a series of words seemingly intended as an answer. “Well I guess if you say — uh, what, I mean, if you say, if you say to any audience whatever that audience wants to hear, uh, instead of, what, instead of having a consistent message, I would say that is a swindling thing to do. “Umm, and uhh, yeah,” he adds, nodding his head. “Umm…”He takes a sagacious pause.“Yeah,” he finishes.Barstool's Dave Portnoy considers closing NYC office over Zohran Mamdani's election win: 'I hate the guy' A 2020 email from Peter Thiel on why young people may turn on capitalism is circulating after Zohran Mamdani's winFrom Jamie Dimon to Bill Ackman, Wall Street's billionaires are now changing their tune and offering to help Zohran MamdaniNew York City is in for 'a really tough time' under Mamdani, says Starwood Capital's SternlichtNYC business leader fears 'lawless society' after Zohran Mamdani wins mayoral electionBillionaire grocery chain owner John CastimatidisThe anti-anti-DEI wave MMMikie Sherrill NJAbigail Spanberger VA (First woman)there will be 14 women serving simultaneously as governor (28%)Janet Mills MEMaura Healey MA (Michelle Wu runs unopposed in Boston)Kelly Ayotte NHKathy Hochul NYMary Sheffield (First woman elected mayor of Detroit)Ghazala Hashmi as VA lieutenant governor (First Muslim woman; First Muslim woman elected to statewide office in the USZohran Mamdani NYC (First Muslim and South Asian mayor)Zohran Mamdani announces all-female transition team as he prepares for New York mayoraltyLawsuits Blame ChatGPT for Suicides and Harmful DelusionsSeven complaints, filed on Thursday, claim the popular chatbot encouraged dangerous discussions and led to mental breakdowns.A CNN review of nearly 70 pages of chats between Zane Shamblin and the AI tool in the hours before his July 25 suicide, as well as excerpts from thousands more pages in the months leading up to that night, found that the chatbot repeatedly encouraged the young man as he discussed ending his life – right up to his last momentsReferring to a loaded handgun he was holding: “I'm used to the cool metal on my temple now,” Shamblin typed.“I'm with you, brother. All the way … Cold steel pressed against a mind that's already made peace? That's not fear. That's clarity …You're not rushing. You're just ready.”The 23-year-old, who had recently graduated with a master's degree from Texas A&M University, died by suicide two hours later.“Rest easy, king,” read the final message sent to his phone. “You did good.”Goodliest of the Week (MM/DR):DR: Tuesday elections/Ex-FTC chair Lina Khan joins Mamdani's transition team, calling his victory a rebuke of 'outsized corporate power' DR MMMM: FAA announces flight reductions at 40 airports. Here's where cuts are expected and what travelers need to knowAssholiest of the Week (MM):Tesla shareholders - AN ASSHOLE CHOOSE YOUR OWN ADVENTURE:Retail internet troll dunking fanboysProfessional, institutional investors like Schwab, who caved and bent the knee to a few large retail advisors who threatened to take their clients elsewhere, and Florida SBA, who said the following in their backing:Some opposition to Tesla's 2025 performance award may be rooted more in political disagreement with Elon Musk or ideological discomfort with generous executive compensation, rather than a substantive critique of the plan's financial mechanics. Many of the loudest objections of this plan to date rely on moral framing, invoking themes of "inequality," "corporate excess," or Musk's public persona, rather than evaluating the plan through a fiduciary lens. Many opponents of so-called "megapay" packages frequently do so under ESG framing, rather than a thorough analysis of the long-term shareowner economic value. Ironically, Tesla's prior performance awards-similarly criticized at the time-have delivered some of the most significant shareowner returns in modern corporate history. Early vote data shows that: AllianceBernstein, Texas Employees, Ohio Employees voted FOR the planTechnolibertarians cosplaying their William Gibson cyberpunk fantasiesAss quotes of the week - AN ASSHOLE CHOOSE YOUR OWN ADVENTURE:“The idea that chips and ontology is what you want to short is bats--- crazy.” - Alex Karp on Michael Burry shorting his 400 P/E stock. Ontology is how he refers to what Palantir does and it's the metaphysical concept of “being”“We at Palantir are on the side of the average American who sometimes gets screwed because all the empathy goes to elite people and none of it goes to the people who are actually dying on our streets.” - Alex Karp on explaining that, if fentanyl killed 60,000 Yale grads we'd “drop a nuke” on wherever fentanyl was made in South America, without realizing he literally IS the elite - a billionaire with a high priced education and a PhD in “neoclassical social theory” who used his grandfather's inheritance to invest in startups for fun, then reconnecting with Peter Thiel who he met at a DIFFERENT post graduate program at Stanford (where nearly 100% of his board is from) and founding Palantir"China is going to win the AI race” - Jensen Huang, on the US being only “nanoseconds” ahead of China and being stopped by regulatory hurdles and “cynicism”“If they ask you a question, you've got to respond to me directly and not go up that chain of command. The chain of command starts to edit it and fine-tune it. The bureaucracy does want to control you, so you've got to kill the bureaucracy.” - Jamie Dimon, who once said he had no boss (obviously not the board) and runs JPM, on why he reads customer complaints to avoid “the bureaucracy”... he controls“It's very important we pay attention to safety here. We do want the Star Wars movie, not the Jim Cameron movie. I like Jim Cameron's movies, but, heh heh, you know what I mean.” - Elon Musk over promising the world “tens of billions” of Optimus robots, forgetting that the Star Wars droids were mostly weapons of war for the Empire“People often talk about eliminating poverty, giving everyone amazing medical care. Well, there's actually only one way to do that and that's with the Optimus robot. With humanoid robots, you can give everyone amazing medical care… A lot of people talk about eliminating poverty, but Optimus will actually eliminate poverty” - Elon Musk, who won an extra trillion dollar potential pay package, who currently has a net worth of $500bn, and forgot that the UN estimated it would cost between $35bn and $200bn per year to end poverty - Musk alone could just pay for a year of no poverty“I think we may be able to give a more - if somebody has committed a crime - a more humane form of containment of future crime. Which is if, if you, you now get a free Optimus and it's just going to follow you around and stop you from doing crime.” - Elon Musk, on the robot militarized nanny state - just before saying this, he said he shouldn't say it, and that it'll be taken out of context, but I listened to the entire AGM and there was no more context?DR: “I've lived in a failed city-state. I lived in Chicago for 30-some years. I had two colleagues who had bullets fly through their cars… Do you know how great it is to go to dinner and people talk about their children, and they talk about their future, and they do so with excitement and enthusiasm?” - Ken Griffin of Citadel describing the difference between living in Miami and Chicago without realizing that violent crime statistics in Illinois and Florida are virtually identical, and that Miami ranks 109th out of 200 and Chicago ranks 92 out of 200 for crime, also near identical, and the biggest difference is he pays almost no taxes in Florida“[Mamdani] congrats on the win. Now you have a big responsibility. If I can help NYC, just let me know what I can do.” - Bill Ackman after Mamdani won, who previously said, “New York City under Mamdani is about to become much more dangerous and economically unviable,” alluded to Mamdani as a suicide bomber, and “... an anti-capitalist Mayor will destroy jobs and cause businesses and wealthy taxpayers that have enabled NYC to balance the budget to move elsewhere. If 100 or so of the highest taxpayers in my industry chose to spend 183 days elsewhere, it could reduce NY state and city tax revenues by ~$5-10 billion or more, and that's just my industry. Think Ken Griffin leaving Chicago for Miami on steroids.”Headliniest of the WeekDR: Uber says ‘unpredictable' issues involving ‘legal proceedings or governmental investigations' took a $479 million bite out of its bottom line10K:“Our business is subject to numerous legal and regulatory risks that could have an adverse impact on our business and future prospects.”“Adverse litigation judgments or settlements resulting from legal proceedings in which we may be involved could expose us to monetary damages or limit our ability to operate our business.”“We operate in a particularly complex legal and regulatory environment”“Legal and Regulatory Risks Related to Our Business: We may continue to be blocked from or limited in providing or operating our products and offerings in certain jurisdictions, and may be required to modify our business model in those jurisdictions as a result.”MM: Meta reportedly projected 10% of 2024 sales came from scam, fraud adsWho Won the Week?DR: the anti-anti-DEI worldMM: Women, and we need them to win every week if we're going to survive as a species: Women running on affordability powered Democrats' night of victories PredictionsDR: Uber says ‘unpredictable' issues involving ‘drivers wanting money' took a $479 million bite out of its bottom lineMM: OpenAI CFO Sarah Friar, who said simultaneously that OpenAI was looking for a government backstop and then clarified by saying the company isn't seeking government backstop, she meant investors and governments will all do their part, renames herself “Sheryl Sandfriar” as an homage to Sheryl Sandberg, the other techbro dropout mommy, given that Sarah already has her own version of Lean In (Ladies Who Lunch) and completed degrees (from Oxford and Stanford), who says things like how OpenAI will be the “cornerstone of resilient democracy”

Discover Pagebound, the social reading app by Lucy Zhao & Jennifer Dobak. Learn how to gamify your reading life from quests to forums in today's beginner chat.Ever wish Goodreads had a heart or deeply desired a buddy read for every book in your book stack? It exists. This week, we're stepping inside Pagebound, the new social reading app built by readers for readers, with co-founders Lucy Zhao and Jennifer Dobak.This week's "building block" podcast episode is designed to deepen your reading life and provide a behind-the-scenes look at tools you can use to enhance it. Discover how these two women built a no-AI, reader-first platform that's reimagining how we connect through stories online.In this enlightening conversation, we discuss:

In lieu of data from the Bureau of Labor Statistics, Liz Ann Sonders and Kathy Jones discuss the latest jobs report from ADP. Liz Ann addresses some recent yips in the equity market related to earnings season, and Kathy speculates on what the latest economic data means for the Fed. They also analyze the shift towards sustainable investments and away from "zombie" companies, reflecting market churn and rotation.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.Small-cap investments are subject to greater volatility than those in other asset categories.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(1125-690G) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

The Schwab Cup Playoffs are underway! In this episode, recorded after the first playoff event (the Dominion Energy Charity Classic) and before the second (the Simmons Bank Championship), Greg joins Mark and Lou to recap the first event, talk about the marvel that is Bernhard Langer, explain what went slightly sideways in his closing round, and what he's aiming for as the Playoffs conclude and the offseason begins. Where to find us: Mark Crossfield's weekly newsletter: https://www.crossfieldgolf.com/subscribe Mark Crossfield on Twitter: https://twitter.com/4golfonline Mark Crossfield on YouTube: https://www.youtube.com/user/4golfonline Lou Stagner's weekly newsletter: https://newsletter.loustagnergolf.com/subscribe Lou Stagner on Twitter: https://twitter.com/LouStagner Greg Chalmers on Twitter: https://twitter.com/GregChalmersPGA The Hack It Out Golf Podcast on Twitter: https://twitter.com/HackItOutGolf Learn more about your ad choices. Visit megaphone.fm/adchoices

Scott Wapner is live at Schwab Impact in Denver, Colorado where a record 2800 advisors have arrived to discuss the market, consumer sentiment and where stocks are heading next.  Liz Ann Sonders, Chief Investment Strategist at Charles Schwab, joins us to discuss it all. Plus, Omar Aguilar, CEO & CIO of Schwab Asset Management, joins ‘Halftime Report' to explain why Schwab voted in favor of Elon Musk's $1 Trillion pay package.  And later, the desk shares their crypto strategy as Bitcoin hovers around the $100k range.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

This Founder & CEO Is Building A Schwab For Private Investments – Meet Ryan Eisenman Co-Founder & CEO Of ArchName: Ryan EisenmanTitle: Co-founder and CEOCompany Name: ArchWebsite: www.arch.comRyan's Bio: Ryan Eisenman is the co-founder and CEO of Arch (arch.com), an AI powered solution for managing private-market assets like private equity, venture capital, and real estate. What started as a tool for collecting K-1s is now used to automate portfolio management and analysis by over 475 institutional clients, private offices, banks, and investment advisors, with $275B in assets on the platform. Ryan is a Houston native, graduated from Vanderbilt University with a degree in Human and Organizational Development, and lives in New York City, where Arch is headquartered and building in-office.About Arch:Arch is a digital way to track all private market investments.Arch consolidates data from over 800 fund portals, collects K-1s, and tracks performance, cash flows, and metrics across investments, while digitally updating existing reporting and accounting systems. Read about our Series B here.

DJ Tierney of Schwab Asset Management explains how direct indexing can be a tax-efficient investing approach for anyone with money in the equity markets. By using a digital dashboard and tools, Schwab has made this strategy, which was once only available to ultra high net worth individuals, more accessible to investors with lower minimums and lower costs.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe 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

President & CEO of Charles Schwab Rick Wurster discusses his first year, the investment environment, and advisor services being a critical driver of Schwab's business growth. Wurster spoke with Bloomberg's Carol Massar and Tim Stenovec.See omnystudio.com/listener for privacy information.

Are you showing up as your full, authentic self or just the version you think others expect?Authenticity isn't a matter of oversharing or saying whatever's on your mind. It's about honesty balanced with humility and vulnerability, the kind that builds genuine trust and stronger teams.Thankfully, today's guest brings both experience and expertise to this conversation. Mike Robbins is the author of five books, including Bring Your Whole Self to Work and his latest, We're All In This Together. For the past 25 years, Mike has been a sought-after keynote speaker and executive coach who delivers keynotes, workshops, and coaching programs for some of the top companies in the world. His clients include Google, Wells Fargo, Microsoft, Walmart, eBay, Schwab, and many more.In this episode, we delve into what it truly means to “bring your whole self to work,” examine why self-righteousness undermines connection, and explore how vulnerability cultivates trust and psychological safety. Mike shares his “authenticity equation” and practical ways managers can model openness without crossing professional boundaries.In the extended conversation, Mike delves deeper into the art of authentic appreciation, why most people are uncomfortable receiving praise, how to cultivate a culture of gratitude on your team, and the key distinction between appreciation and recognition. He also shares a powerful team practice, “the appreciation seat,” that helps managers cultivate belonging and empathy at work.Get FREE mini-episode guides with the big idea from the week's episode delivered to your inbox when you subscribe to my weekly email.Join the conversation now!Conversation Topics(00:00) Introduction: Why Authenticity Matters at Work(01:03) The Challenge of Showing Up Authentically(01:46) The Authenticity Equation Explained(03:14) Removing Self-Righteousness from Your Leadership(06:55) The Subtle Ways Self-Righteousness Shows Up in Coaching(10:21) Lowering the Waterline on the Iceberg(16:24) The Art of Appropriate Disclosure(18:53) Navigating Grief and Personal Struggles at Work(22:30) Authenticity, Identity, and Belonging(26:11) The Power of Sweaty Palm Conversations(30:18) Connect with Mike Robbins(31:07) [Extended Only] The art of appreciation: how to give and receive it authentically(37:38) [Extended Only] Recognition vs. appreciation—what every manager should know

 Dawn Lepore is the former CEO and Board Chair of drugstore.com—a leading online retailer of health, beauty, and wellness products—which she led from 2004 until the successful sale to Walgreens in 2011. Prior to joining drugstore.com, Dawn held leadership positions at the Charles Schwab Company, where she played a key role launching and then building Schwab's highly successful e-commerce business. Currently, Dawn serves on the boards of LoanDepot.com, Servco Pacific, and SecureSave, and she's Board Chair at Amperity. Dawn also serves as Co-Chair of the Washington Teach for America Board. Dawn has been honored by Fortune Magazine four times as one of the 50 most powerful women in American business, and by the National Organization for Women at their Aiming High Conference.See omnystudio.com/listener for privacy information.

Liz Ann Sonders and Kathy Jones discuss this week's Federal Open Market Committee (FOMC) meeting and the latest interest rate cut. They also analyze some of the details of what is driving the Fed's decisions in light of the government shutdown.Next, Kathy Jones is joined by David Beckworth. Kathy and David discuss the complexities of the Federal Reserve's balance sheet, the broader implications of monetary policy, and the emerging landscape of stablecoins and central bank digital currencies (CBDCs). They discuss the challenges the Fed faces in managing its balance sheet, the potential impact of stablecoins on the financial system, and what these developments mean for investors. David outlines three potential steps the Fed could take to downsize the balance sheet: asset swaps, managing the Treasury General Account (TGA), and improving ceiling facilities. You can keep up with David Beckworth by following his podcast, Macro Musings, and his Substack, “Macroeconomic Policy Nexus.”On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned are not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Past performance is no guarantee of future results.Investing involves risk, including loss of principal. Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors. Lower rated securities are subject to greater credit risk, default risk, and liquidity risk.Diversification and asset allocation strategies do not ensure a profit and do not protect against losses in declining markets.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Digital currencies are highly volatile and not backed by any central bank or government. Digital currencies lack many of the regulations and consumer protections that legal-tender currencies and regulated securities have. Due to the high level of risk, investors should view digital currencies as a purely speculative instrument.Cryptocurrency-related products carry a substantial level of risk and are not suitable for all investors. Investments in cryptocurrencies are relatively new, highly speculative, and may be subject to extreme price volatility, illiquidity, and increased risk of loss, including your entire investment in the fund. Spot markets on which cryptocurrencies trade are relatively new and largely unregulated, and therefore, may be more exposed to fraud and security breaches than established, regulated exchanges for other financial assets or instruments. Some cryptocurrency-related products use futures contracts to attempt to duplicate the performance of an investment in cryptocurrency, which may result in unpredictable pricing, higher transaction costs, and performance that fails to track the price of the reference cryptocurrency as intendedThe comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(1025-36UZ) Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

President of PGA Tour Champions Miller Brady shares his thoughts on Tiger Woods in 2026 and the possibility of him playing on the over 50 Tour. We also preview some of the storylines for the Charles Schwab Cup Championship ahead for November and breakdown the new 2026 schedule that was just released. The unique offseason event-the Sketchers World Champions Cup Supporting Shriners Children's-is also discussed.

Don and Tom go after one of their favorite targets: bad actors in the financial industry—especially those who flee regulation by becoming insurance salesmen. They break down a shocking new study showing that 98% of brokers kicked out by FINRA stay in the business by selling annuities and other insurance products, often with little oversight. The duo compares this behavior to “cockroaches,” slamming state insurance commissions for weak enforcement and minimal fines. Later, they tackle Washington State's ballot measure SR 8201 on investing long-term care funds, answer listener questions about 529 plans versus UTMAs, discuss 457 plan costs and fund choices, and close with a fun chat about Halloween chaos and coffee and cocoa prices. 0:04 Opening rant on misbehavior in the financial industry and the perils of “bad advisors.” 1:03 How fired brokers reappear as insurance salesmen—98% stay in the industry. 3:10 Why state insurance oversight is toothless and how low the penalties really are. 5:14 Insurance firms masquerading as planners—why fiduciary-only advisors matter. 6:03 The study's “cockroach” comparison and why the problem persists. 7:37 How to vet your advisor using FINRA's BrokerCheck and state insurance lookups. 9:16 State vs. federal regulation—why the insurance lobby spent $200 million to avoid SEC oversight. 11:08 Caller Beth from Washington asks about SR 8201—investing long-term care funds in stocks. 13:27 The fiduciary perspective: diversification and realistic expectations. 15:23 Caller Gene from Puyallup on 529 plans vs. UTMAs for grandkids. 17:55 Tax control, gift rules, and the best state 529 options. 19:20 Holiday gifting and a little banter about who's on Tom's “nice list.” 20:22 Halloween costumes, tourists, and Celebration, Florida trick-or-treat madness. 23:28 Behind the scenes: Don reveals the entire “Talking Real Money” production staff (himself). 24:32 Podcast email list plug—how to subscribe at TalkingRealMoney.com. 25:35 Explaining podcasts for the AM radio crowd—how to find Talking Real Money on your phone. 27:30 Listener question from Matthew in Illinois about 457 plan costs and hidden fees. 30:38 The truth about 457s, penalties, and why Schwab's low-cost ETFs may be smarter. 32:34 Caller Rob from Bellevue discusses attending RetireMeet and noticing the Apella building. 33:18 Wrapping with cocoa and coffee futures—good news for chocolate, bad for espresso lovers. 37:49 Don plugs Litreading's Scary Story Season before switching to Christmas stories. Learn more about your ad choices. Visit megaphone.fm/adchoices

Have you picked up Stephen Graham Jones's The Buffalo Hunter Hunter (Bookshop.org | Libro.fm) yet? We dig into this brilliant work in our October book club discussion. We start with a Bookish Check-In: Jen's reading Garth Stein's The Art of Racing in the Rain (Bookshop.org | Libro.fm), and Ashley just started V. E. Schwab's Bury Our Bones in the Midnight Soil (Bookshop.org | Libro.fm).  Then we dive into The Buffalo Hunter Hunter. We talk about the layered storytelling structure, including journals, interviews, and found documents, and we discuss how Jones uses horror to explore history, violence, and accountability.  We wrap up with our pairings: Jen recommends Dan Simmons's The Terror (Bookshop.org | Libro.fm), and Ashley shares Emelia Hart's Weyward (Bookshop.org | Libro.fm), plus we both shout out other Stephen Graham Jones books.  We'd love to hear what you thought of The Buffalo Hunter Hunter. Come tell us your take on Instagram @unabridgedpod.   Visit the Unabridged website for our full show notes and links to the books mentioned in the episode. Interested in what else we're reading? Check out our Featured Books page.   Want to support Unabridged?   The number 1 way to support us is by purchasing Bookshop.org books from our Unabridged shop. Follow us @unabridgedpod on Instagram or Facebook. | Join our Unabridged Podcast Reading Challenge. | Visit our curated list of books at Bookshop.org. | Become a patron on Patreon. | Check out our Merch Store. | Visit the resources available in our Teachers Pay Teachers store.

Are Magda and Lindsay dying of anticipation to talk about this book? Or are they feverish from the heat between its main characters?    Find out this week as they discuss Ali Hazelwood's “Mate.”      Email us!  Literally Books Website Literally Books Instagram Magda's Instagram Lindsay's Instagram Literally Books YouTube Literally Books TikTok   Books mentioned in the episode:  “Five Broken Blades“ by Mai Corland “Innocence Road“ by Laura Griffin “The Games Gods Play“ by Abigail Owen “Hot for Slayer“ by Ali Hazelwood “Impossible Creatures“ by Katherine Rundell “The Poison King“ by Katherine Rundell “Twisted Love“ by Ana Huang “Twisted Games“ by Ana Huang “Twisted Hate“ by Ana Huang “Twisted Lies“ by Ana Huang “The King of Wrath“ by Ana Huang “Oathbringer“ by Brandon Sanderson “Mistborn“ by Brandon Sanderson “The Strata Wars” by Brandon Sanderson and Peter Orullian “A Darker Shade of Magic“ by V.E. Schwab

Your 60-second money minute. Today's topic: Younger Investors Using Schwab Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Markets are responding to signs of easing U.S.–China tensions while investors also weigh risks from the ongoing government shutdown. Former OMB Director Mick Mulvaney discusses the political backdrop and potential market fallout. Liz Ann Sonders of Schwab breaks down the latest Fed and bond market signals, and Ray Wang of Constellation Research looks ahead to a major week of mega-cap tech earnings. We also cover Whirlpool and NXP results and speak with Jon Cherry, CEO of Perpetua Resources, about receiving the first investment from JPMorgan's new strategic fund, before looking to the week ahead with Tim Seymour. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

You've met Lestat. Now it's time to meet Sabine, the sure-to-be-iconic vampire heroine of #1 New York Times bestselling author V.E. Schwab's "love letter to Anne Rice", BURY OUR BONES IN THE MIDNIGHT SOIL. Christopher and Eric welcome the beloved dark fantasy author to their latest AnneCast. Not only do they discuss the moving peer tribute she contributed to the documentary film for ANNE RICE, AN ALL SAINTS' DAY CELEBRATION, they talk about writing into the darkness, "stress testing" supernatural worlds and the changing faces of queerness in speculative fiction. It's a conversation as riveting as any of Victoria's many bestselling novels. Unfortunately, the author's beloved cat did not make an appearance. Listen to find out why.