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Summary In part two of Laura's conversation with Ryan, the topic shifts to biblical prophecy and the signs of the end times. They discuss the rapture, the seven years of tribulation, and the rise of the Antichrist. Ryan shares insights on the significance of Israel, the third temple, and the Abraham Accords, explaining how these elements fit into a biblical timeline. This powerful episode encourages believers to live with urgency, clarity, and peace as they understand their place in God's redemptive plan.

Fistful of Credits RecapWe are back with another jam packed episode. What is going on with these long episodes youask? Well we had our Fistful of Credits down here in Pensacola, Florida or up depending whereon the globe you are. Stay awhile and listen to us chat with JD in the Sump Sea and HiveMarket Minis oh and also our loveable local scabber Ed. It's a hangout fest chatting all aboutNecromunda and cool minis, boards, and just having a good time. Also to commemorate theevent one of our local players made the “NecroMacho Slam”. Why are you still reading? Comeon and just listen to the show already! Sheesh!If you would like to support the show be sure to share and rate/review the podcast on yourplatform of choice as it helps spread the show. You can email us at necromachoentertainment@gmail.com or reach out via Instagram to chat with Roy@necromachoentertainment or Richard @lessgrayminisTimestamps for the Show(0:00:32) Intro(0:01:16) Fistful of Credits Day One(0:35:32) NecroMacho Slam(0:38:25) Fistful of Credits Day Two(1:26:00) Morning After Recap(2:59:52) Wrap Up and OutroLinks Mentioned in the ShowJD in the Sump Sea:https://www.youtube.com/@jdinthesumpsea1560IG: @jdinthesumpseaHive Market Minis:IG:@hivemarketminis

Summary In this first half of Laura's conversation with Ryan, they explore why regular Bible reading is essential to spiritual growth and emotional healing. Ryan shares how understanding Scripture leads to maturity in faith and a clearer grasp of God's grace. They discuss how believers can take their thoughts captive, walk confidently in their identity as new creations, and let go of striving in favor of allowing God to move. This episode offers practical encouragement and spiritual insight for anyone seeking to deepen their relationship with God through His Word.

0:00 - The Nuggets lost by 43 POINTS TO OKC LAST NIGHT IN GAME 2. Sheesh! But in the grand scheme of things...it doesn' matter. Vic says there's no need to hit the panic button. Not even a little bit.15:16 - OKC plays a PHYSICAL brand of basketball. They kept beating up Joker and it rattled him a bit. Whether or not the whistles are inconsistent, Jokic has to learn how to play through it.34:39 - Did you watch the Stars game last night? Do we need to address the Mikko Rantanen elephant in the room?

With the release of Clair Obscur, the discussion has turned around to turn-based RPGs again. Like, what is one, and can they make money? Beej and Austin talk about how Pokemon is a turn-based RPG and the bestselling franchise ever, as well as what makes a good turn-based game and why people associate it with Final Fantasy over Dragon Quest. Even when Dragon is in a game's title. Sheesh.Find us on Bluesky at https://bsky.app/profile/dragonquest.fmMusic and Sound effects copyright Square Enix. This podcast is neither endorsed by nor associated with Square Enix.

Share your lol moments of the episodeLet's talk about achilles, guillotines, and hot men fighting for revenge, baby! This week we're recapping the South Korean film, I Saw The Devil. Buckle up and lock in for this one because ... SHEESH... it's a rough one. We watched this so that you wouldn't have to... and trust us... you don't want to. Recap starts ~ 21:06Socials:Follow us on Instagram, TikTok and Threads @scaredybratspod

This week, Matt gets called an idiot to his face over and over and rightfully so, Chris does a boo boo on his first day on the job, and the brothers do math in real time and hoo boy it ain't pretty!

0:00 - The Nuggets lost Game 3 in LA by over 30 points. Sheesh. What happened, guys??15:41 - With the 20th pick in the 2025 NFL Draft, the Denver Broncos select...a Cornerback? We didn't have that on the Bingo Card. Why didn't they pick an offensive weapon for Bo?35:13 - The first round of the NFL Draft came and went...and Shedeur Sanders wasn't selected. He's still up for grabs. That was an even bigger surprise than the Broncos drafting a CB. What turned teams away from taking a chance on him?

Today's podcast begins with our amazing host, Mike Slater, going over the LATEST updates in the never-ending drama surrounding the "deported Maryland father", Kilmar Abrego Garcia, and the lamestream media's obsession with him. Will this madness ever stop? All of the evidence point to him being an alleged violent gang member! Sheesh!Following the opener, Slater gabs about the latest announcements from the current United States Secretary of Health and Human Services, Robert F. Kennedy Jr., will be "phasing out" eight different types of food dyes in our country. Is this good or bad? Mike has some thoughts and takes calls from listeners like YOU.

OpenAI's new o3 model feels almost criminal to use. Google is legit giving away its Gemini AI for free to millions. And Microsoft legit released an AI agent that can use a computer. Sheesh. Week after week, the pace of AI innovation is getting harder and harder to keep up with. Don't worry. We do that for you. Newsletter: Sign up for our free daily newsletterMore on this Episode: Episode PageJoin the discussion: Thoughts on this? Join the convo.Upcoming Episodes: Check out the upcoming Everyday AI Livestream lineupWebsite: YourEverydayAI.comEmail The Show: info@youreverydayai.comConnect with Jordan on LinkedInTopics Covered in This Episode:OpenAI's $3B WindSurf Acquisition DealGoogle Launches Gemini 2.5 Flash ModelGoogle Veo 2 Video Tool ReleaseMicrosoft AI Computer Use Agent LaunchUS Ban Consideration on Chinese DeepSeekFree Gemini Advanced to US StudentsAnthropic's Claude Adds Google WorkspaceOpenAI Testing New Social Media PlatformGPT 4.1 API Model with 1M ContextOpenAI's O3 and O4 Mini ReleasedTimestamps:00:00 Intro03:43 OpenAI Eyes $3B Windsurf Acquisition06:54 Google Launches Gemini 2.5 Flash11:36 Google Unveils Veo 2 for Videos15:49 "AI Market Tensions: US vs China"20:10 Microsoft Unveils AI Automation Tool21:09 Microsoft AI Enhances Business Automation28:16 Claude's New Tool: Pricey Research Integration29:31 OpenAI Teams Lacks Gmail Integration33:10 OpenAI Testing Social Media Platform39:18 GPT-4.1's Competitive Edge in Coding43:19 AI Model Versions Overview45:49 Agentic AI: Workflow Evolution47:45 "O Four Mini Model Overview"52:20 Tech Giants Unveil AI ToolsKeywords:Microsoft, Autonomous AI Agent, Apps, Websites, Thinking Models, OpenAI, Large Language Model Modes, Google, Gemini AI, Tens of Millions, Claude, Anthropic, AI News, AI World, Grow Companies, Grow Careers, Generative AI, Acquisition, Windsurf, $3 Billion, Code Generation Market, AnySphere, Cursor, Annualized Recurring Revenue, AI Coding Startups, Codium, Competitive AI Space, Google Next Conference, Gemini 2.5 Flash, AI Model, Computational Reasoning, Pricing, Output Tokens, Reasoning Budget, Complex Problem Solving, Performance Benchmarks, Competitors, Claude 3.7, DeepSeek, OpenAI o4, AI Studio, AI-powered Video, Vios AI, v o two, Text-to-Video, Synth ID, Digital Watermark, WISC anime, White House Restrictions, NVIDIA AI Chips, Intellectual Property Rights, Trump Administration, Silicon Valley, DeepSeek Ban, Innovations in AI, Copilot Studio, Microsoft 365 Copilot, Automation, API Restrictions, AI Agents, Influencer Recommendations, Social Media Network, Sam Altman, ChatGPT, Image Generation, Grok AI Integration, SociSend Everyday AI and Jordan a text message. (We can't reply back unless you leave contact info) Ready for ROI on GenAI? Go to youreverydayai.com/partner

Michelle wins a pet goldfish from the fair, but things go south when she gives him a bubble bath to keep him clean. I mean, the trauma this child has had to endure in her short lifetime! Sheesh!! It's a good thing she's a licensed therapist... Plus, Becky's Nebraskan roots shine through when she teaches the family how to square dance!! To all of our Nebraskan listeners out there — is square dancing a big thing there, or is this storyline an exaggeration?! We need some answers as we dive into this new Full House recap right here on How Rude, Tanneritos! See omnystudio.com/listener for privacy information.

What else is there left to conquer for our Kylie Minogue? Even the Empire State Building was illuminated in Australia's national sporting colours in honour of Kylie's arrival in New York. Sheesh!!!! Donate to keep this show alive: www.patreon.com/timetotalkaustralia Meet our guests: Alki: https://www.facebook.com/alki.theodoropoulos Matt: https://www.facebook.com/dailmformatt Rod: https://www.facebook.com/rodrigo.ribeiro.7528 Tara: https://www.facebook.com/tarashay.montgomery Jayson: https://www.instagram.com/jaysontpe/ Mark: https://www.facebook.com/MarkyFletch Eiwin: https://www.facebook.com/eiwin.mark    

TWR Season 4 Episode 21 of the Travels With Randy podcast is here! Mississippi Moon Won't You Keep On Shining On Me Happy pollen season everyone!  Charlotte is COVERED in yellow right now.  Luckily, Randy is just outside of St Louis and not having the same issues.  This week Randy made it from Fargo, ND over to Lake Bemidji where the Mississippi River begins, down through Minneapolis/St Paul, over to Lacrosse, WI where he had a coffee with one Mary Lou Balts (Bubba's Mother-In-Law) before heading south along the Mississippi flood plain to nearly St Louis.  Sheesh! Beyond travel discussions the fellas talk a lot about A.I. and how it's all going to affect us in general and what may even occur in the future as the tech advances.  Is this all a good thing or a bad thing?  Tune in to find out. Have a listen! Come join the conversation on Facebook! https://www.facebook.com/travelswithrandypodcast Have a great idea for the guys?  Want to sponsor us?  Want to be a guest? Want to pay for both of us to go to Alaska?  Email bubba@travelswithrandypodcast.com

The time was 3.34am on a Wednesday morning and I lay there wideawake. I pressed the screen on my phone to check the time any messages, I wondered? I flipped my pillow, shifted my weight and tried to sleep. The obvious cause of my insomnia was the five-week-old grunting and squirming in his sleep sack, a few feet away from me. But it wasn't the humidity, or the Police helicopter making one of its swoops over the neighbourhood, and this insomnia wasn't caused by a baby. It was caused by Adolescence. My wife and I had watched the final episode, episode four, a few hours earlier. The episode finished, like most of them, in devastating fashion. I sat there, turning over the story in my mind. If you haven't yet caught the Adolescence buzz, the show has had more hype in the couple of weeks since it came to Netflix than almost any other show in recent times. It's broken all sorts of records. After just eleven days, it broke the record for the highest-number of Netflix streams in a two week period. Tens of millions of views Worldwide... with millions more everyday. In a sense, Adolescence is a simple concept. It's a four-episode series set in the U.K about a knife crime. A young woman has been stabbed to death. Every episode Hasan incredibly ambitious production quality in that it's all one shot. The whole thing. 45 minutes or an hour. One take. And in the words of the creator Stephen Graham, it's less of a Who-dunn it than a Why-dunnit? As someone who's worked in the telly for twenty years, I feel I have a pretty good sense of how hard it into make a one-shot show. Technically speaking, it is ridiculously complicated. I don't think most people appreciate how hard it is to light a single scene. But then going from indoors to outdoors to classrooms to hallways to drone shots, a hundred metres off the ground. Sound recording is such a pain. And what if an actor screws up a line 20 minutes in? You start again, that's what. I read a piece which explained many of the crew dressed as extras for the show's production, so if they were caught in the back of shot it would hopefully make sense. A friend reckoned the single-continuous shot thing might be a bit of a gimmick. What's the point? He asked. Personally speaking, I just found it never gave me a chance to subconsciously look away, or to catch my breath. No chance to check my phone. The story didn't pause because the people didn't pause, the scene didn't end until the episode ended. And what scenes. Sheesh. The speed of Episode One. I just love how it had all of the banal procedural stuff, the process. The chaos of Episode Two at the school. It was a stunning vision of a totally dysfunctional space, the teachers yelling to try and control the kids. The teachers who just didn't care. Episode Three? What a brave, bold call. Just two people in an empty room nothing of visual interesting. Just two actors in conversation; the volatility, the brinksmanship, the unravelling. And episode Four, all that was lost. The desperation. The performances in Adolescence, especially Stephen Graham, were astonishing. I immediately became that person annoyingly texting all of his friends and group chats and asking who had seen it. We think of movies as being art. Well, film, cinema! We probably don't think of TV as being art in quite the someway. Or at least as often. But how do you define good art? Surely it's a creative work that makes people feel.. that affects them that sticks with them that has them tossing and turning in bed at 3.34am in the morning, replaying scenes in their head. It's been a long, long time since a TV show affected me like Adolescence. As a story, it was devastating. But as a TV drama, it was close to perfect.See omnystudio.com/listener for privacy information.

Here's a sneak peek at our Patreon exclusive minisode on Princess of Mars (2009) – The Asylum's adaptation of the Edgar Rice Burroughs novel that went straight to DVD a full 3 years before Disney stank up the box office with John Carter (2012). Could it possibly be worse? Sheesh... you betchya! If you like what you hear, head on over to www.patreon.com/movieoubliette and become a Patron to get hours of exclusive bonus content, nominate films for us to cover and vote on the final verdict – all for $10 or less!

Today, we unpack Gyi's beloved catchphrase to see how “meh” he really feels about the significance of links in local SEO. Later—the strategic guide you need for top-knotch link building in 2025. A whole lotta folks like to say links don't really matter anymore, but are they right? In practice, the guys have seen the positive effects of link building for clients for many, many years, and it's still a piece of the pie today. However, there's a ton of misinformation out there, so Gyi and Conrad debunk the most common misconceptions to get you on track for optimized, relevant, business-building links.  And, later, what's working best for link building in 2025? The guys share some great stories of businesses who engaged their local communities through service, scholarships, sponsorships, and more—all while getting awesome PR and plenty of links.  Room for dessert? Here's some exclusive bonus content from this week's episode: How to Get Your Website to Rank in ChatGPT Search | SEO Strategy | Lunch Hour Legal Marketing The News: More mergers & acquisitions! Places Scout was purchased by Yext… so are we all in for some price jacking? Sigh. Probably.  ABA is standing up for the judiciary, and you should too: ABA condemns remarks questioning legitimacy of courts and judicial review Quit ruining our weekends, Googs. Sheesh. Google Confirms Business Profile Reviews Outage Super grateful to Ahrefs for this really well done post: Google Says "Links Matter Less"—We Looked at 1,000,000 SERPs to See if It's True    Mentioned: Google Cites Scholarship Links in a Manual Action Penalty Suggested LHLM Episodes: Is Link Building Worth It Anymore? || Top 10 Link Building Tips Connect: The Bite - Lunch Hour Legal Marketing Newsletter! Leave Us an Apple Review  Lunch Hour Legal Marketing on YouTube  Lunch Hour Legal Marketing on TikTok Chapters (Times Approximate) (0:00) The Consummate One-Upsman (3:26) The News: Places Scout, the ABA takes on Trump, & GBP Outage (10:00) Busting Link Building Myths (24:45) How To Create Backlinks For Your Website In 2025

Today, we unpack Gyi's beloved catchphrase to see how “meh” he really feels about the significance of links in local SEO. Later—the strategic guide you need for top-knotch link building in 2025. A whole lotta folks like to say links don't really matter anymore, but are they right? In practice, the guys have seen the positive effects of link building for clients for many, many years, and it's still a piece of the pie today. However, there's a ton of misinformation out there, so Gyi and Conrad debunk the most common misconceptions to get you on track for optimized, relevant, business-building links.  And, later, what's working best for link building in 2025? The guys share some great stories of businesses who engaged their local communities through service, scholarships, sponsorships, and more—all while getting awesome PR and plenty of links.  Room for dessert? Here's some exclusive bonus content from this week's episode: How to Get Your Website to Rank in ChatGPT Search | SEO Strategy | Lunch Hour Legal Marketing The News: More mergers & acquisitions! Places Scout was purchased by Yext… so are we all in for some price jacking? Sigh. Probably.  ABA is standing up for the judiciary, and you should too: ABA condemns remarks questioning legitimacy of courts and judicial review Quit ruining our weekends, Googs. Sheesh. Google Confirms Business Profile Reviews Outage Super grateful to Ahrefs for this really well done post: Google Says "Links Matter Less"—We Looked at 1,000,000 SERPs to See if It's True    Mentioned: Google Cites Scholarship Links in a Manual Action Penalty Suggested LHLM Episodes: Is Link Building Worth It Anymore? || Top 10 Link Building Tips Connect: The Bite - Lunch Hour Legal Marketing Newsletter! Leave Us an Apple Review  Lunch Hour Legal Marketing on YouTube  Lunch Hour Legal Marketing on TikTok Chapters (Times Approximate) (0:00) The Consummate One-Upsman (3:26) The News: Places Scout, the ABA takes on Trump, & GBP Outage (10:00) Busting Link Building Myths (24:45) How To Create Backlinks For Your Website In 2025 Learn more about your ad choices. Visit megaphone.fm/adchoices

Duke gives Illinois the historic business at MSG and we talk all about it. We also give a 3 game preview through Wake Forest. And stay until the end, cause AC drops a pipe bomb for the haters. It's Duke vs. The World time. Let's Go Duke!

Man, according to that guy on youtube that has a really slick goatee, I need to have my gamer card revoked due to my infection with the woke mind virus.  Sheesh.  I thought I was a real gamer, but I guess not.  Wokesters like us cannot be true gamers, even if we put over 50 hours a week into Morrowind. Episode image adapted from photo by Tima Miroshnichenko: https://www.pexels.com/photo/fashion-man-hands-people-7047011/

Dolly Parton appears to have gone loopy - first Sabrina and now . . . well do you know who?  We speak with Kynan from Malaysia and, of course, we look at Meghan Markle's latest Instragram post. Sheesh. Donate to us please: www.patreon.com/timetotalkaustralia Meet Kynan Here: https://www.facebook.com/profile.php?id=61554361029653

(image source: https://artpictures.club/autumn-2023.html)Host Matthew Donald and guest co-host Michele C. Hollow discuss Temnodontosaurus, a rather large marine reptile with potentially the largest eyes of any animal ever at 10 inches wide. Sheesh, my most impressive body part in terms of size is only half that length! From the Early Jurassic, this 30-foot ichthyosaur was discovered by Mary Anning back in the 1810s and was the first ichthyosaur to be scientifically described, which is a neat piece of history. Sometimes this show can be educational! I know, it surprises me too.Want to further support the show? Sign up to our Patreon for exclusive bonus content at Patreon.com/MatthewDonald. Also, you can get links to follow Matthew Donald and purchase his books at https://linktr.ee/matthewdonald. His latest book, Teslamancer, just released August 27th! And mild spoiler alert... there are kind of dinosaurs in it... mwuahahaha.You can find more from Michele at https://www.michelechollow.com/ Hosted on Acast. See acast.com/privacy for more information.

Our FreeBSD Challenge comes to a close, and chances are one of us will be paying the Windows tax.Sponsored By:Tailscale: Tailscale is a programmable networking software that is private and secure by default - get it free on up to 100 devices! 1Password Extended Access Management: 1Password Extended Access Management is a device trust solution for companies with Okta, and they ensure that if a device isn't trusted and secure, it can't log into your cloud apps. Support LINUX UnpluggedLinks:

FUSD Board of Education hired help to focus district goals, start search for next superintendent Please Subscribe + Rate & Review KMJ’s Afternoon Drive with Philip Teresi & E. Curtis Johnson wherever you listen! --- KMJ’s Afternoon Drive with Philip Teresi & E. Curtis Johnson is available on the KMJNOW app, Apple Podcasts, Spotify, Amazon Music or wherever else you listen. --- Philip Teresi & E. Curtis Johnson – KMJ’s Afternoon Drive Weekdays 2-6 PM Pacific on News/Talk 580 & 105.9 KMJ DriveKMJ.com | Podcast | Facebook | X | Instagram --- Everything KMJ: kmjnow.com | Streaming | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

FUSD Board of Education hired help to focus district goals, start search for next superintendent Please Subscribe + Rate & Review KMJ’s Afternoon Drive with Philip Teresi & E. Curtis Johnson wherever you listen! --- KMJ’s Afternoon Drive with Philip Teresi & E. Curtis Johnson is available on the KMJNOW app, Apple Podcasts, Spotify, Amazon Music or wherever else you listen. --- Philip Teresi & E. Curtis Johnson – KMJ’s Afternoon Drive Weekdays 2-6 PM Pacific on News/Talk 580 & 105.9 KMJ DriveKMJ.com | Podcast | Facebook | X | Instagram --- Everything KMJ: kmjnow.com | Streaming | Podcasts | Facebook | X | Instagram See omnystudio.com/listener for privacy information.

 Issue 194 - Thunderbolt Ross Intro Captain America: Brave New World reaction coming to Patreon Background (1:38) General Thaddeus “Thunderbolt” Ross created by Stan Lee and Jack Kirby in The Incredible Hulk #1 (May 1962) Lieutenant General Thaddeus “Thunderbolt” Ross oversees gamma bomb project that ultimately leads to the creation of the Hulk (Bruce Banner) Grew up in a military family, and was focused on serving his country from a young age - joined the Army Air Corps (later Air Force) and worked his way up through the ranks Bruce's growing relationship with Ross' daughter Betty was a source of frustration and anger for him, as was the recurring nuisance of the Hulk - Ross made it his personal mission to find and destroy the Hulk Several times he allied with villains to battle the Hulk, which ultimately led to his dismissal from the military Betty and Bruce get engaged, but the Leader turns Hulk savage, and the wedding is called off - Betty later marries Glenn Talbot, and Ross is satisfied that Banner will never be his son-in-law When Talbot was captured by the Soviets in a rescue mission to save Ross, his apparent death fractured his relationship with Betty, as well as a demotion at work because of his inability to capture the Hulk Betty divorced Talbot and revealed she still loved Bruce - enraged by this, Ross allied with MODOK to have the Abomination kill the Hulk, but Betty caught wind of the plan and accused her father of treason - he was discharged from the Air Force and nearly committed suicide When Bruce and Betty get married, Ross shows up at the wedding with a gun to stop the ceremony - Rick Jones intervenes and is shot non-fatally In a SHIELD experiment he merges with Zzzax, a being of sentient electrical energy - in a battle with a mutant, he expends his energy to save Betty, and dies His body was resurrected by the Leader, and he rejoins the Air Force After Betty is killed by the Abomination and Hulk is exiled by the Illuminati, Ross sinks into an alcoholic depression - when Steve Rogers is shot, he is visited by MODOK and the Leader and offered a chance to gain Hulk-like powers - he then becomes Red Hulk, and his first act is to kill the Abomination for murdering Betty Ross' identity as the Hulk is kept secret for over two years before being revealed during World War Hulks He later joins the Avengers, where he befriended an LMD named Annie that helped give him some perspective and understanding about things Temporarily bonds with both the Venom symbiote and the Spirit of Vengeance, becoming a being known as the Circle of Four - this is to defeat Blackheart, son of Mephisto Gets depowered by Doc Green, a super-intelligent version of the Hulk Issues - Theme is “a small river flowing long enough becomes a canyon” (7:10) When tradition becomes a trap Overprotective of his daughter (13:44) Oh yeah, the Hulk stuff (25:15) Break (29:06) Plugs for Play Comics & Geek Peak Treatment (30:19) In-universe -  Out of universe - (32:37) Skit (39:51) Hello General Ross, I'm Dr. Issues. - Doctor, with all due respect, let's set the record straight. I didn't come here for treatment. I came here for a clean bill of health. I've been involved in enough government missions, secret protocols, and super-powered expeditions that I should be the last one to hide from any flaws. I'm not perfect, but I don't have to be. And that was before I learned about getting red in the face. Well, that is a hot start, General -I don't do jokes, if you don't mind. There are serious matters at hand. But you…I'll keep that in mind. Sheesh. There are always serious matters at hand. That's how the world works. That doesn't mean they all have to involve you. -Agreed. I pick my spots. But those are enormous spots. I know my enemy better than they know themselves. That's what's lacking in battles nowadays. The foe has no concept of planning. So many people think being random makes you dangerous. It just makes you a fool. Well, not to sound condescending, but I doubt all of your plans go the way you want them to. -A plan is useless. PLANNING is indispensable. Do you know who said that? Dwight Eisenhower. So you enjoy the process necessary to reach goals, and not just the goal itself. -If I didn't then I would have stopped existing a long time ago. I think people get that wrong about me. They think I'm some madman that wants to destroy the Hulk at all costs. And that was wrong…how? -I was never a madman. I'm calculating the whole way through. The heat thing says otherwise -Emotion in battle, Doctor. It's something you can't wrap your head around. Oh yeah, I get the rage, but in the fog of war, that can be the guide to see you through. No hippie woo woo love fest is going to save you when bullets are zipping and bombs are dropping. The only time you bring in God is to say “Thank God it's over” and you've won. You present more demure than expected. -You sound like one of those Gen Z types when you say that. You're a grown man. Act like it. So no social media memes; understood sir. But are you really past everything that's listed in your file? Banner? Betty? Intelligencia? Avengers? It says here your own likeness was killed! None of that sounds traumatic to you? -Of course it does. So what? We all have trauma. I used to let it eat at me, just shove it down my own throat, and let it all come out when the time is right. But with what I have now, there's no secrets. It's on my skin, in my veins, and radiating through the air. I finally found a way to have nothing to hide. My choices, my fights, my consequences. Anything to add to that? You're hitting the same note. What brings you enjoyment? How about sadness? Do you have any fears left? -You're breaking the cardinal rule; you're supposed to ask one question at a time. I'm sad that too many people think too small for their entire lives. I find joy in being one of the few living creatures to destroy multiple so-called badasses because I can adjust tactically and not be held down by magical thinking. I fear that anything less than a perfect rating in this assessment will leave me with a permanent mark that will have me use your office as a rage room.  *pause* Didn't you shoot someone at your daughter's wed -*interrupting* RAGE. ROOM.  You don't have to be so pushy about it. -So, are you slapping the PTSD label on like everyone else? No, I'll think outside the box and go I-G-E-D. -What the hell is that? Intermittent Gamma Explosive Disorder -*Groans* Doc Samson was right about you. Ending (43:41) Recommended reading: World War Hulks Next episodes: DerpyCon panel, Colleagues on the Couch w/ Dr. Ashley Zultanky, Shadowman Plugs for social & GonnaGeek Network References: Incredible Hulk episode with Popcorn Psychology - Anthony (2:00) “Calm Down” by Busta Rhymes & Eminem - Anthony (30:38) Apple Podcasts: here Google Play: here Stitcher: here TuneIn: here iHeartRadio: here Twitter Facebook TikTok  Patreon TeePublic Discord  

On this episode I chatted with Josh Sallee. Oklahoma rapper/singer/producer, Josh Sallee, has been a staple in the state's music scene for nearly a decade. It started with a viral video of him rapping in Kevin Durant's studio and grew into a career in music. He has toured with names like Modsun, Vic Mensa, G-Eazy, and Tory Lanes. His album Hush Hush debuted at #30 on the Itunes Music Charts. His song "Pressure" was featured on NBC's "American Ninja Warrior", and song "Sheesh" was used in the promotional hype video, for the profesionall football team, the Minnesota Vikings, and their playoff run campaign. His song "Way It Is" was featured on MTV's "Road Rules Challenge." Sallee produces and records nearly all of his music, and even directed K.A.A.N.'s video for "Phoenix" which has amassed nearly 6 million views on Youtube. The do-it-all creative looks to expand his voice with his upcoming album "Flamingo", set to release Winter 2023. Josh's other passion is golf, he is launching a new vintage golf store called Easy Day. Follow here for more updates  www.instagram.com/easydayokc https://www.88rec.us/joshsallee https://open.spotify.com/artist/4tb8lx14fMl6nwOLsKBGgQ Huge thank you to our sponsors. The Oklahoma Hall of Fame at the Gaylord-Pickens Museum telling Oklahoma's story through its people since 1927. For more information go to www.oklahomahof.com and for daily updates go to www.instagram.com/oklahomahof The Chickasaw Nation is economically strong, culturally vibrant and full of energetic people dedicated to the preservation of family, community and heritage. www.chickasaw.net Diffee Ford Lincoln Third generation Oklahoma business, the Diffee family continues to do business the right way, the family way. Go to www.diffeeford.net for all your new and used car needs and follow them on instagram www.instagram.com/diffee_ford Dog House OKC - When it comes to furry four-legged care, our 24/7 supervised cage free play and overnight boarding services make The Dog House OKC in Oklahoma City the best place to be, at least, when they're not in their own backyard. With over 6,000 square feet of combined indoor/outdoor play areas our dog daycare enriches spirit, increases social skills, builds confidence, and offers hours of exercise and stimulation for your dog http://www.thedoghouseokc.com/  

Send us a textSpacemen, did you miss us? Apparently so. Some of you reached out, concerned about our recent hiatus. I'm not sure you can call it a hiatus--more just a whoopsie. Matt and Mike forgot to record when Rob was gone and then SOMEONE forgot to post this episode on time. Sheesh. Don't worry. We're back. And today, we tackle how to handle relationship dynamics when one partner struggles with mental illness. This is another listener request, so you know it's good. According to AI, we explore the importance of understanding mental health diagnoses, effective communication strategies, and the necessity of self-care for both partners. We also emphasize the need for personal growth and the ability to navigate difficult conversations while maintaining a supportive relationship. Man, AI makes us sound like champs. Keywordsmental health, relationships, self-care, anxiety, depression, communication, diagnosis, coping strategies, personal growth, supportTakeawaysChurros can be a delightful distraction.Living with a partner's mental health issues requires understanding and patience.It's essential to differentiate between a partner's mood and their mental health condition.Education about mental health can empower partners to support each other better.Self-care is crucial for partners of those with mental health challenges.Communication is key in navigating mental health discussions.Externalizing the problem can help in understanding the partner's struggles.It's important to recognize that you can't manage your partner's mental health for them.Building personal resilience can improve relationship dynamics.Modeling healthy coping strategies is vital for future generations.Sound Bites--These are generated by AI...and hilarious. "Where's my next churro coming from?""What do you do if you are married to someone?" (REALLY AI?)"You can't manage their stuff for them."Chapters00:00Living with Mental Health Challenges03:39Creative Outlets and Personal Projects07:56Navigating Personal Projects and Self-Promotion09:11Book Discussion: The Coddling of the American Mind10:52Understanding Relationships with Mental Health Challenges14:40Educating Yourself About Mental Health17:08The Importance of Communication in Relationships20:10Externalizing Mental Health Issues24:54Building Self-Confidence in Relationships38:14Modeling Resilience for Future GenerationsSpread the word! The Manspace is Rad!!

In this edition of the Fantasy Life Show, fantasy football experts Ian Hartitz and Dwain McFarland give out their Sheesh Report and Utilization Report awards to various players throughout fantasy football. Who could've had even bigger seasons if just a couple of breaks went their way? Ian breaks down guys like Saquon Barkley, Calvin Ridley and Justin Jefferson and how their fantasy football seasons could've thrived had it not been for a few moments that made us say “Sheesh!” And then we dive into Dwain McFarland's Utilization Report and give out awards to some players that exceeded expectations in their usage for fantasy football, and also some that fell a bit short. Who outperformed their Utilization Score in 2024? Who had the biggest drop-off from 2023 to 2024? And, of course, who will be crowned “Mr. Utilization Score” from the 2024 fantasy football season?Come on by and enjoy as we hand out some of our favorite awards for the 2024 fantasy football season! Whether you're watching your favorite team from the screen at home or you're in stands at the ballpark, there's an even better way to get in on the action! Check out our partners at DraftKings Sportsbook. New customers who bet $5 will INSTANTLY get $200 in bonus bets. Download the DraftKings Sportsbook app now and use our code FANTASYLIFE ______________________

Sheesh. Long title.

First, The Indian Express' Jayprakash Naidu tells us about Mukesh Chandrakar, a journalist from Chhattisgarh who was allegedly murdered last week by two men, including his cousin and childhood best friend, Suresh Chandrakar.Next, The Indian Express' Vidheesha Kuntamalla explains how IIT campuses across the country have changed six years after implementing the 20% quota for women (10:00).Finally, we discuss the ongoing "Sheesh Mahal" controversy between the Aam Aadmi Party and the Bharatiya Janata Party (20:40).Hosted, written and produced by Shashank BhargavaEdited and mixed by Suresh Pawar

Applications for the 2025 AI Engineer Summit are up, and you can save the date for AIE Singapore in April and AIE World's Fair 2025 in June.Happy new year, and thanks for 100 great episodes! Please let us know what you want to see/hear for the next 100!Full YouTube Episode with Slides/ChartsLike and subscribe and hit that bell to get notifs!Timestamps* 00:00 Welcome to the 100th Episode!* 00:19 Reflecting on the Journey* 00:47 AI Engineering: The Rise and Impact* 03:15 Latent Space Live and AI Conferences* 09:44 The Competitive AI Landscape* 21:45 Synthetic Data and Future Trends* 35:53 Creative Writing with AI* 36:12 Legal and Ethical Issues in AI* 38:18 The Data War: GPU Poor vs. GPU Rich* 39:12 The Rise of GPU Ultra Rich* 40:47 Emerging Trends in AI Models* 45:31 The Multi-Modality War* 01:05:31 The Future of AI Benchmarks* 01:13:17 Pionote and Frontier Models* 01:13:47 Niche Models and Base Models* 01:14:30 State Space Models and RWKB* 01:15:48 Inference Race and Price Wars* 01:22:16 Major AI Themes of the Year* 01:22:48 AI Rewind: January to March* 01:26:42 AI Rewind: April to June* 01:33:12 AI Rewind: July to September* 01:34:59 AI Rewind: October to December* 01:39:53 Year-End Reflections and PredictionsTranscript[00:00:00] Welcome to the 100th Episode![00:00:00] Alessio: Hey everyone, welcome to the Latent Space Podcast. This is Alessio, partner and CTO at Decibel Partners, and I'm joined by my co host Swyx for the 100th time today.[00:00:12] swyx: Yay, um, and we're so glad that, yeah, you know, everyone has, uh, followed us in this journey. How do you feel about it? 100 episodes.[00:00:19] Alessio: Yeah, I know.[00:00:19] Reflecting on the Journey[00:00:19] Alessio: Almost two years that we've been doing this. We've had four different studios. Uh, we've had a lot of changes. You know, we used to do this lightning round. When we first started that we didn't like, and we tried to change the question. The answer[00:00:32] swyx: was cursor and perplexity.[00:00:34] Alessio: Yeah, I love mid journey. It's like, do you really not like anything else?[00:00:38] Alessio: Like what's, what's the unique thing? And I think, yeah, we, we've also had a lot more research driven content. You know, we had like 3DAO, we had, you know. Jeremy Howard, we had more folks like that.[00:00:47] AI Engineering: The Rise and Impact[00:00:47] Alessio: I think we want to do more of that too in the new year, like having, uh, some of the Gemini folks, both on the research and the applied side.[00:00:54] Alessio: Yeah, but it's been a ton of fun. I think we both started, I wouldn't say as a joke, we were kind of like, Oh, we [00:01:00] should do a podcast. And I think we kind of caught the right wave, obviously. And I think your rise of the AI engineer posts just kind of get people. Sombra to congregate, and then the AI engineer summit.[00:01:11] Alessio: And that's why when I look at our growth chart, it's kind of like a proxy for like the AI engineering industry as a whole, which is almost like, like, even if we don't do that much, we keep growing just because there's so many more AI engineers. So did you expect that growth or did you expect that would take longer for like the AI engineer thing to kind of like become, you know, everybody talks about it today.[00:01:32] swyx: So, the sign of that, that we have won is that Gartner puts it at the top of the hype curve right now. So Gartner has called the peak in AI engineering. I did not expect, um, to what level. I knew that I was correct when I called it because I did like two months of work going into that. But I didn't know, You know, how quickly it could happen, and obviously there's a chance that I could be wrong.[00:01:52] swyx: But I think, like, most people have come around to that concept. Hacker News hates it, which is a good sign. But there's enough people that have defined it, you know, GitHub, when [00:02:00] they launched GitHub Models, which is the Hugging Face clone, they put AI engineers in the banner, like, above the fold, like, in big So I think it's like kind of arrived as a meaningful and useful definition.[00:02:12] swyx: I think people are trying to figure out where the boundaries are. I think that was a lot of the quote unquote drama that happens behind the scenes at the World's Fair in June. Because I think there's a lot of doubt or questions about where ML engineering stops and AI engineering starts. That's a useful debate to be had.[00:02:29] swyx: In some sense, I actually anticipated that as well. So I intentionally did not. Put a firm definition there because most of the successful definitions are necessarily underspecified and it's actually useful to have different perspectives and you don't have to specify everything from the outset.[00:02:45] Alessio: Yeah, I was at um, AWS reInvent and the line to get into like the AI engineering talk, so to speak, which is, you know, applied AI and whatnot was like, there are like hundreds of people just in line to go in.[00:02:56] Alessio: I think that's kind of what enabled me. People, right? Which is what [00:03:00] you kind of talked about. It's like, Hey, look, you don't actually need a PhD, just, yeah, just use the model. And then maybe we'll talk about some of the blind spots that you get as an engineer with the earlier posts that we also had on on the sub stack.[00:03:11] Alessio: But yeah, it's been a heck of a heck of a two years.[00:03:14] swyx: Yeah.[00:03:15] Latent Space Live and AI Conferences[00:03:15] swyx: You know, I was, I was trying to view the conference as like, so NeurIPS is I think like 16, 17, 000 people. And the Latent Space Live event that we held there was 950 signups. I think. The AI world, the ML world is still very much research heavy. And that's as it should be because ML is very much in a research phase.[00:03:34] swyx: But as we move this entire field into production, I think that ratio inverts into becoming more engineering heavy. So at least I think engineering should be on the same level, even if it's never as prestigious, like it'll always be low status because at the end of the day, you're manipulating APIs or whatever.[00:03:51] swyx: But Yeah, wrapping GPTs, but there's going to be an increasing stack and an art to doing these, these things well. And I, you know, I [00:04:00] think that's what we're focusing on for the podcast, the conference and basically everything I do seems to make sense. And I think we'll, we'll talk about the trends here that apply.[00:04:09] swyx: It's, it's just very strange. So, like, there's a mix of, like, keeping on top of research while not being a researcher and then putting that research into production. So, like, people always ask me, like, why are you covering Neuralibs? Like, this is a ML research conference and I'm like, well, yeah, I mean, we're not going to, to like, understand everything Or reproduce every single paper, but the stuff that is being found here is going to make it through into production at some point, you hope.[00:04:32] swyx: And then actually like when I talk to the researchers, they actually get very excited because they're like, oh, you guys are actually caring about how this goes into production and that's what they really really want. The measure of success is previously just peer review, right? Getting 7s and 8s on their um, Academic review conferences and stuff like citations is one metric, but money is a better metric.[00:04:51] Alessio: Money is a better metric. Yeah, and there were about 2200 people on the live stream or something like that. Yeah, yeah. Hundred on the live stream. So [00:05:00] I try my best to moderate, but it was a lot spicier in person with Jonathan and, and Dylan. Yeah, that it was in the chat on YouTube.[00:05:06] swyx: I would say that I actually also created.[00:05:09] swyx: Layen Space Live in order to address flaws that are perceived in academic conferences. This is not NeurIPS specific, it's ICML, NeurIPS. Basically, it's very sort of oriented towards the PhD student, uh, market, job market, right? Like literally all, basically everyone's there to advertise their research and skills and get jobs.[00:05:28] swyx: And then obviously all the, the companies go there to hire them. And I think that's great for the individual researchers, but for people going there to get info is not great because you have to read between the lines, bring a ton of context in order to understand every single paper. So what is missing is effectively what I ended up doing, which is domain by domain, go through and recap the best of the year.[00:05:48] swyx: Survey the field. And there are, like NeurIPS had a, uh, I think ICML had a like a position paper track, NeurIPS added a benchmarks, uh, datasets track. These are ways in which to address that [00:06:00] issue. Uh, there's always workshops as well. Every, every conference has, you know, a last day of workshops and stuff that provide more of an overview.[00:06:06] swyx: But they're not specifically prompted to do so. And I think really, uh, Organizing a conference is just about getting good speakers and giving them the correct prompts. And then they will just go and do that thing and they do a very good job of it. So I think Sarah did a fantastic job with the startups prompt.[00:06:21] swyx: I can't list everybody, but we did best of 2024 in startups, vision, open models. Post transformers, synthetic data, small models, and agents. And then the last one was the, uh, and then we also did a quick one on reasoning with Nathan Lambert. And then the last one, obviously, was the debate that people were very hyped about.[00:06:39] swyx: It was very awkward. And I'm really, really thankful for John Franco, basically, who stepped up to challenge Dylan. Because Dylan was like, yeah, I'll do it. But He was pro scaling. And I think everyone who is like in AI is pro scaling, right? So you need somebody who's ready to publicly say, no, we've hit a wall.[00:06:57] swyx: So that means you're saying Sam Altman's wrong. [00:07:00] You're saying, um, you know, everyone else is wrong. It helps that this was the day before Ilya went on, went up on stage and then said pre training has hit a wall. And data has hit a wall. So actually Jonathan ended up winning, and then Ilya supported that statement, and then Noam Brown on the last day further supported that statement as well.[00:07:17] swyx: So it's kind of interesting that I think the consensus kind of going in was that we're not done scaling, like you should believe in a better lesson. And then, four straight days in a row, you had Sepp Hochreiter, who is the creator of the LSTM, along with everyone's favorite OG in AI, which is Juergen Schmidhuber.[00:07:34] swyx: He said that, um, we're pre trading inside a wall, or like, we've run into a different kind of wall. And then we have, you know John Frankel, Ilya, and then Noam Brown are all saying variations of the same thing, that we have hit some kind of wall in the status quo of what pre trained, scaling large pre trained models has looked like, and we need a new thing.[00:07:54] swyx: And obviously the new thing for people is some make, either people are calling it inference time compute or test time [00:08:00] compute. I think the collective terminology has been inference time, and I think that makes sense because test time, calling it test, meaning, has a very pre trained bias, meaning that the only reason for running inference at all is to test your model.[00:08:11] swyx: That is not true. Right. Yeah. So, so, I quite agree that. OpenAI seems to have adopted, or the community seems to have adopted this terminology of ITC instead of TTC. And that, that makes a lot of sense because like now we care about inference, even right down to compute optimality. Like I actually interviewed this author who recovered or reviewed the Chinchilla paper.[00:08:31] swyx: Chinchilla paper is compute optimal training, but what is not stated in there is it's pre trained compute optimal training. And once you start caring about inference, compute optimal training, you have a different scaling law. And in a way that we did not know last year.[00:08:45] Alessio: I wonder, because John is, he's also on the side of attention is all you need.[00:08:49] Alessio: Like he had the bet with Sasha. So I'm curious, like he doesn't believe in scaling, but he thinks the transformer, I wonder if he's still. So, so,[00:08:56] swyx: so he, obviously everything is nuanced and you know, I told him to play a character [00:09:00] for this debate, right? So he actually does. Yeah. He still, he still believes that we can scale more.[00:09:04] swyx: Uh, he just assumed the character to be very game for, for playing this debate. So even more kudos to him that he assumed a position that he didn't believe in and still won the debate.[00:09:16] Alessio: Get rekt, Dylan. Um, do you just want to quickly run through some of these things? Like, uh, Sarah's presentation, just the highlights.[00:09:24] swyx: Yeah, we can't go through everyone's slides, but I pulled out some things as a factor of, like, stuff that we were going to talk about. And we'll[00:09:30] Alessio: publish[00:09:31] swyx: the rest. Yeah, we'll publish on this feed the best of 2024 in those domains. And hopefully people can benefit from the work that our speakers have done.[00:09:39] swyx: But I think it's, uh, these are just good slides. And I've been, I've been looking for a sort of end of year recaps from, from people.[00:09:44] The Competitive AI Landscape[00:09:44] swyx: The field has progressed a lot. You know, I think the max ELO in 2023 on LMSys used to be 1200 for LMSys ELOs. And now everyone is at least at, uh, 1275 in their ELOs, and this is across Gemini, Chadjibuti, [00:10:00] Grok, O1.[00:10:01] swyx: ai, which with their E Large model, and Enthopic, of course. It's a very, very competitive race. There are multiple Frontier labs all racing, but there is a clear tier zero Frontier. And then there's like a tier one. It's like, I wish I had everything else. Tier zero is extremely competitive. It's effectively now three horse race between Gemini, uh, Anthropic and OpenAI.[00:10:21] swyx: I would say that people are still holding out a candle for XAI. XAI, I think, for some reason, because their API was very slow to roll out, is not included in these metrics. So it's actually quite hard to put on there. As someone who also does charts, XAI is continually snubbed because they don't work well with the benchmarking people.[00:10:42] swyx: Yeah, yeah, yeah. It's a little trivia for why XAI always gets ignored. The other thing is market share. So these are slides from Sarah. We have it up on the screen. It has gone from very heavily open AI. So we have some numbers and estimates. These are from RAMP. Estimates of open AI market share in [00:11:00] December 2023.[00:11:01] swyx: And this is basically, what is it, GPT being 95 percent of production traffic. And I think if you correlate that with stuff that we asked. Harrison Chase on the LangChain episode, it was true. And then CLAUD 3 launched mid middle of this year. I think CLAUD 3 launched in March, CLAUD 3. 5 Sonnet was in June ish.[00:11:23] swyx: And you can start seeing the market share shift towards opening, uh, towards that topic, uh, very, very aggressively. The more recent one is Gemini. So if I scroll down a little bit, this is an even more recent dataset. So RAM's dataset ends in September 2 2. 2024. Gemini has basically launched a price war at the low end, uh, with Gemini Flash, uh, being basically free for personal use.[00:11:44] swyx: Like, I think people don't understand the free tier. It's something like a billion tokens per day. Unless you're trying to abuse it, you cannot really exhaust your free tier on Gemini. They're really trying to get you to use it. They know they're in like third place, um, fourth place, depending how you, how you count.[00:11:58] swyx: And so they're going after [00:12:00] the Lower tier first, and then, you know, maybe the upper tier later, but yeah, Gemini Flash, according to OpenRouter, is now 50 percent of their OpenRouter requests. Obviously, these are the small requests. These are small, cheap requests that are mathematically going to be more.[00:12:15] swyx: The smart ones obviously are still going to OpenAI. But, you know, it's a very, very big shift in the market. Like basically 2023, 2022, To going into 2024 opening has gone from nine five market share to Yeah. Reasonably somewhere between 50 to 75 market share.[00:12:29] Alessio: Yeah. I'm really curious how ramped does the attribution to the model?[00:12:32] Alessio: If it's API, because I think it's all credit card spin. . Well, but it's all, the credit card doesn't say maybe. Maybe the, maybe when they do expenses, they upload the PDF, but yeah, the, the German I think makes sense. I think that was one of my main 2024 takeaways that like. The best small model companies are the large labs, which is not something I would have thought that the open source kind of like long tail would be like the small model.[00:12:53] swyx: Yeah, different sizes of small models we're talking about here, right? Like so small model here for Gemini is AB, [00:13:00] right? Uh, mini. We don't know what the small model size is, but yeah, it's probably in the double digits or maybe single digits, but probably double digits. The open source community has kind of focused on the one to three B size.[00:13:11] swyx: Mm-hmm . Yeah. Maybe[00:13:12] swyx: zero, maybe 0.5 B uh, that's moon dream and that is small for you then, then that's great. It makes sense that we, we have a range for small now, which is like, may, maybe one to five B. Yeah. I'll even put that at, at, at the high end. And so this includes Gemma from Gemini as well. But also includes the Apple Foundation models, which I think Apple Foundation is 3B.[00:13:32] Alessio: Yeah. No, that's great. I mean, I think in the start small just meant cheap. I think today small is actually a more nuanced discussion, you know, that people weren't really having before.[00:13:43] swyx: Yeah, we can keep going. This is a slide that I smiley disagree with Sarah. She's pointing to the scale SEAL leaderboard. I think the Researchers that I talked with at NeurIPS were kind of positive on this because basically you need private test [00:14:00] sets to prevent contamination.[00:14:02] swyx: And Scale is one of maybe three or four people this year that has really made an effort in doing a credible private test set leaderboard. Llama405B does well compared to Gemini and GPT 40. And I think that's good. I would say that. You know, it's good to have an open model that is that big, that does well on those metrics.[00:14:23] swyx: But anyone putting 405B in production will tell you, if you scroll down a little bit to the artificial analysis numbers, that it is very slow and very expensive to infer. Um, it doesn't even fit on like one node. of, uh, of H100s. Cerebras will be happy to tell you they can serve 4 or 5B on their super large chips.[00:14:42] swyx: But, um, you know, if you need to do anything custom to it, you're still kind of constrained. So, is 4 or 5B really that relevant? Like, I think most people are basically saying that they only use 4 or 5B as a teacher model to distill down to something. Even Meta is doing it. So with Lama 3. [00:15:00] 3 launched, they only launched the 70B because they use 4 or 5B to distill the 70B.[00:15:03] swyx: So I don't know if like open source is keeping up. I think they're the, the open source industrial complex is very invested in telling you that the, if the gap is narrowing, I kind of disagree. I think that the gap is widening with O1. I think there are very, very smart people trying to narrow that gap and they should.[00:15:22] swyx: I really wish them success, but you cannot use a chart that is nearing 100 in your saturation chart. And look, the distance between open source and closed source is narrowing. Of course it's going to narrow because you're near 100. This is stupid. But in metrics that matter, is open source narrowing?[00:15:38] swyx: Probably not for O1 for a while. And it's really up to the open source guys to figure out if they can match O1 or not.[00:15:46] Alessio: I think inference time compute is bad for open source just because, you know, Doc can donate the flops at training time, but he cannot donate the flops at inference time. So it's really hard to like actually keep up on that axis.[00:15:59] Alessio: Big, big business [00:16:00] model shift. So I don't know what that means for the GPU clouds. I don't know what that means for the hyperscalers, but obviously the big labs have a lot of advantage. Because, like, it's not a static artifact that you're putting the compute in. You're kind of doing that still, but then you're putting a lot of computed inference too.[00:16:17] swyx: Yeah, yeah, yeah. Um, I mean, Llama4 will be reasoning oriented. We talked with Thomas Shalom. Um, kudos for getting that episode together. That was really nice. Good, well timed. Actually, I connected with the AI meta guy, uh, at NeurIPS, and, um, yeah, we're going to coordinate something for Llama4. Yeah, yeah,[00:16:32] Alessio: and our friend, yeah.[00:16:33] Alessio: Clara Shi just joined to lead the business agent side. So I'm sure we'll have her on in the new year.[00:16:39] swyx: Yeah. So, um, my comment on, on the business model shift, this is super interesting. Apparently it is wide knowledge that OpenAI wanted more than 6. 6 billion dollars for their fundraise. They wanted to raise, you know, higher, and they did not.[00:16:51] swyx: And what that means is basically like, it's very convenient that we're not getting GPT 5, which would have been a larger pre train. We should have a lot of upfront money. And [00:17:00] instead we're, we're converting fixed costs into variable costs, right. And passing it on effectively to the customer. And it's so much easier to take margin there because you can directly attribute it to like, Oh, you're using this more.[00:17:12] swyx: Therefore you, you pay more of the cost and I'll just slap a margin in there. So like that lets you control your growth margin and like tie your. Your spend, or your sort of inference spend, accordingly. And it's just really interesting to, that this change in the sort of inference paradigm has arrived exactly at the same time that the funding environment for pre training is effectively drying up, kind of.[00:17:36] swyx: I feel like maybe the VCs are very in tune with research anyway, so like, they would have noticed this, but, um, it's just interesting.[00:17:43] Alessio: Yeah, and I was looking back at our yearly recap of last year. Yeah. And the big thing was like the mixed trial price fights, you know, and I think now it's almost like there's nowhere to go, like, you know, Gemini Flash is like basically giving it away for free.[00:17:55] Alessio: So I think this is a good way for the labs to generate more revenue and pass down [00:18:00] some of the compute to the customer. I think they're going to[00:18:02] swyx: keep going. I think that 2, will come.[00:18:05] Alessio: Yeah, I know. Totally. I mean, next year, the first thing I'm doing is signing up for Devin. Signing up for the pro chat GBT.[00:18:12] Alessio: Just to try. I just want to see what does it look like to spend a thousand dollars a month on AI?[00:18:17] swyx: Yes. Yes. I think if your, if your, your job is a, at least AI content creator or VC or, you know, someone who, whose job it is to stay on, stay on top of things, you should already be spending like a thousand dollars a month on, on stuff.[00:18:28] swyx: And then obviously easy to spend, hard to use. You have to actually use. The good thing is that actually Google lets you do a lot of stuff for free now. So like deep research. That they just launched. Uses a ton of inference and it's, it's free while it's in preview.[00:18:45] Alessio: Yeah. They need to put that in Lindy.[00:18:47] Alessio: I've been using Lindy lately. I've been a built a bunch of things once we had flow because I liked the new thing. It's pretty good. I even did a phone call assistant. Um, yeah, they just launched Lindy voice. Yeah, I think once [00:19:00] they get advanced voice mode like capability today, still like speech to text, you can kind of tell.[00:19:06] Alessio: Um, but it's good for like reservations and things like that. So I have a meeting prepper thing. And so[00:19:13] swyx: it's good. Okay. I feel like we've, we've covered a lot of stuff. Uh, I, yeah, I, you know, I think We will go over the individual, uh, talks in a separate episode. Uh, I don't want to take too much time with, uh, this stuff, but that suffice to say that there is a lot of progress in each field.[00:19:28] swyx: Uh, we covered vision. Basically this is all like the audience voting for what they wanted. And then I just invited the best people I could find in each audience, especially agents. Um, Graham, who I talked to at ICML in Vienna, he is currently still number one. It's very hard to stay on top of SweetBench.[00:19:45] swyx: OpenHand is currently still number one. switchbench full, which is the hardest one. He had very good thoughts on agents, which I, which I'll highlight for people. Everyone is saying 2025 is the year of agents, just like they said last year. And, uh, but he had [00:20:00] thoughts on like eight parts of what are the frontier problems to solve in agents.[00:20:03] swyx: And so I'll highlight that talk as well.[00:20:05] Alessio: Yeah. The number six, which is the Hacken agents learn more about the environment, has been a Super interesting to us as well, just to think through, because, yeah, how do you put an agent in an enterprise where most things in an enterprise have never been public, you know, a lot of the tooling, like the code bases and things like that.[00:20:23] Alessio: So, yeah, there's not indexing and reg. Well, yeah, but it's more like. You can't really rag things that are not documented. But people know them based on how they've been doing it. You know, so I think there's almost this like, you know, Oh, institutional knowledge. Yeah, the boring word is kind of like a business process extraction.[00:20:38] Alessio: Yeah yeah, I see. It's like, how do you actually understand how these things are done? I see. Um, and I think today the, the problem is that, Yeah, the agents are, that most people are building are good at following instruction, but are not as good as like extracting them from you. Um, so I think that will be a big unlock just to touch quickly on the Jeff Dean thing.[00:20:55] Alessio: I thought it was pretty, I mean, we'll link it in the, in the things, but. I think the main [00:21:00] focus was like, how do you use ML to optimize the systems instead of just focusing on ML to do something else? Yeah, I think speculative decoding, we had, you know, Eugene from RWKB on the podcast before, like he's doing a lot of that with Fetterless AI.[00:21:12] swyx: Everyone is. I would say it's the norm. I'm a little bit uncomfortable with how much it costs, because it does use more of the GPU per call. But because everyone is so keen on fast inference, then yeah, makes sense.[00:21:24] Alessio: Exactly. Um, yeah, but we'll link that. Obviously Jeff is great.[00:21:30] swyx: Jeff is, Jeff's talk was more, it wasn't focused on Gemini.[00:21:33] swyx: I think people got the wrong impression from my tweet. It's more about how Google approaches ML and uses ML to design systems and then systems feedback into ML. And I think this ties in with Lubna's talk.[00:21:45] Synthetic Data and Future Trends[00:21:45] swyx: on synthetic data where it's basically the story of bootstrapping of humans and AI in AI research or AI in production.[00:21:53] swyx: So her talk was on synthetic data, where like how much synthetic data has grown in 2024 in the pre training side, the post training side, [00:22:00] and the eval side. And I think Jeff then also extended it basically to chips, uh, to chip design. So he'd spend a lot of time talking about alpha chip. And most of us in the audience are like, we're not working on hardware, man.[00:22:11] swyx: Like you guys are great. TPU is great. Okay. We'll buy TPUs.[00:22:14] Alessio: And then there was the earlier talk. Yeah. But, and then we have, uh, I don't know if we're calling them essays. What are we calling these? But[00:22:23] swyx: for me, it's just like bonus for late in space supporters, because I feel like they haven't been getting anything.[00:22:29] swyx: And then I wanted a more high frequency way to write stuff. Like that one I wrote in an afternoon. I think basically we now have an answer to what Ilya saw. It's one year since. The blip. And we know what he saw in 2014. We know what he saw in 2024. We think we know what he sees in 2024. He gave some hints and then we have vague indications of what he saw in 2023.[00:22:54] swyx: So that was the Oh, and then 2016 as well, because of this lawsuit with Elon, OpenAI [00:23:00] is publishing emails from Sam's, like, his personal text messages to Siobhan, Zelis, or whatever. So, like, we have emails from Ilya saying, this is what we're seeing in OpenAI, and this is why we need to scale up GPUs. And I think it's very prescient in 2016 to write that.[00:23:16] swyx: And so, like, it is exactly, like, basically his insights. It's him and Greg, basically just kind of driving the scaling up of OpenAI, while they're still playing Dota. They're like, no, like, we see the path here.[00:23:30] Alessio: Yeah, and it's funny, yeah, they even mention, you know, we can only train on 1v1 Dota. We need to train on 5v5, and that takes too many GPUs.[00:23:37] Alessio: Yeah,[00:23:37] swyx: and at least for me, I can speak for myself, like, I didn't see the path from Dota to where we are today. I think even, maybe if you ask them, like, they wouldn't necessarily draw a straight line. Yeah,[00:23:47] Alessio: no, definitely. But I think like that was like the whole idea of almost like the RL and we talked about this with Nathan on his podcast.[00:23:55] Alessio: It's like with RL, you can get very good at specific things, but then you can't really like generalize as much. And I [00:24:00] think the language models are like the opposite, which is like, you're going to throw all this data at them and scale them up, but then you really need to drive them home on a specific task later on.[00:24:08] Alessio: And we'll talk about the open AI reinforcement, fine tuning, um, announcement too, and all of that. But yeah, I think like scale is all you need. That's kind of what Elia will be remembered for. And I think just maybe to clarify on like the pre training is over thing that people love to tweet. I think the point of the talk was like everybody, we're scaling these chips, we're scaling the compute, but like the second ingredient which is data is not scaling at the same rate.[00:24:35] Alessio: So it's not necessarily pre training is over. It's kind of like What got us here won't get us there. In his email, he predicted like 10x growth every two years or something like that. And I think maybe now it's like, you know, you can 10x the chips again, but[00:24:49] swyx: I think it's 10x per year. Was it? I don't know.[00:24:52] Alessio: Exactly. And Moore's law is like 2x. So it's like, you know, much faster than that. And yeah, I like the fossil fuel of AI [00:25:00] analogy. It's kind of like, you know, the little background tokens thing. So the OpenAI reinforcement fine tuning is basically like, instead of fine tuning on data, you fine tune on a reward model.[00:25:09] Alessio: So it's basically like, instead of being data driven, it's like task driven. And I think people have tasks to do, they don't really have a lot of data. So I'm curious to see how that changes, how many people fine tune, because I think this is what people run into. It's like, Oh, you can fine tune llama. And it's like, okay, where do I get the data?[00:25:27] Alessio: To fine tune it on, you know, so it's great that we're moving the thing. And then I really like he had this chart where like, you know, the brain mass and the body mass thing is basically like mammals that scaled linearly by brain and body size, and then humans kind of like broke off the slope. So it's almost like maybe the mammal slope is like the pre training slope.[00:25:46] Alessio: And then the post training slope is like the, the human one.[00:25:49] swyx: Yeah. I wonder what the. I mean, we'll know in 10 years, but I wonder what the y axis is for, for Ilya's SSI. We'll try to get them on.[00:25:57] Alessio: Ilya, if you're listening, you're [00:26:00] welcome here. Yeah, and then he had, you know, what comes next, like agent, synthetic data, inference, compute, I thought all of that was like that.[00:26:05] Alessio: I don't[00:26:05] swyx: think he was dropping any alpha there. Yeah, yeah, yeah.[00:26:07] Alessio: Yeah. Any other new reps? Highlights?[00:26:10] swyx: I think that there was comparatively a lot more work. Oh, by the way, I need to plug that, uh, my friend Yi made this, like, little nice paper. Yeah, that was really[00:26:20] swyx: nice.[00:26:20] swyx: Uh, of, uh, of, like, all the, he's, she called it must read papers of 2024.[00:26:26] swyx: So I laid out some of these at NeurIPS, and it was just gone. Like, everyone just picked it up. Because people are dying for, like, little guidance and visualizations And so, uh, I thought it was really super nice that we got there.[00:26:38] Alessio: Should we do a late in space book for each year? Uh, I thought about it. For each year we should.[00:26:42] Alessio: Coffee table book. Yeah. Yeah. Okay. Put it in the will. Hi, Will. By the way, we haven't introduced you. He's our new, you know, general organist, Jamie. You need to[00:26:52] swyx: pull up more things. One thing I saw that, uh, Okay, one fun one, and then one [00:27:00] more general one. So the fun one is this paper on agent collusion. This is a paper on steganography.[00:27:06] swyx: This is secret collusion among AI agents, multi agent deception via steganography. I tried to go to NeurIPS in order to find these kinds of papers because the real reason Like NeurIPS this year has a lottery system. A lot of people actually even go and don't buy tickets because they just go and attend the side events.[00:27:22] swyx: And then also the people who go and end up crowding around the most popular papers, which you already know and already read them before you showed up to NeurIPS. So the only reason you go there is to talk to the paper authors, but there's like something like 10, 000 other. All these papers out there that, you know, are just people's work that they, that they did on the air and they failed to get attention for one reason or another.[00:27:42] swyx: And this was one of them. Uh, it was like all the way at the back. And this is a deep mind paper that actually focuses on collusion between AI agents, uh, by hiding messages in the text that they generate. Uh, so that's what steganography is. So a very simple example would be the first letter of every word.[00:27:57] swyx: If you Pick that out, you know, and the code sends a [00:28:00] different message than that. But something I've always emphasized is to LLMs, we read left to right. LLMs can read up, down, sideways, you know, in random character order. And it's the same to them as it is to us. So if we were ever to get You know, self motivated, underlined LLMs that we're trying to collaborate to take over the planet.[00:28:19] swyx: This would be how they do it. They spread messages among us in the messages that we generate. And he developed a scaling law for that. So he marked, I'm showing it on screen right now, the emergence of this phenomenon. Basically, for example, for Cypher encoding, GPT 2, Lama 2, mixed trial, GPT 3. 5, zero capabilities, and sudden 4.[00:28:40] swyx: And this is the kind of Jason Wei type emergence properties that people kind of look for. I think what made this paper stand out as well, so he developed the benchmark for steganography collusion, and he also focused on shelling point collusion, which is very low coordination. For agreeing on a decoding encoding format, you kind of need to have some [00:29:00] agreement on that.[00:29:00] swyx: But, but shelling point means like very, very low or almost no coordination. So for example, if I, if I ask someone, if the only message I give you is meet me in New York and you're not aware. Or when you would probably meet me at Grand Central Station. That is the Grand Central Station is a shelling point.[00:29:16] swyx: And it's probably somewhere, somewhere during the day. That is the shelling point of New York is Grand Central. To that extent, shelling points for steganography are things like the, the, the common decoding methods that we talked about. It will be interesting at some point in the future when we are worried about alignment.[00:29:30] swyx: It is not interesting today, but it's interesting that DeepMind is already thinking about this.[00:29:36] Alessio: I think that's like one of the hardest things about NeurIPS. It's like the long tail. I[00:29:41] swyx: found a pricing guy. I'm going to feature him on the podcast. Basically, this guy from NVIDIA worked out the optimal pricing for language models.[00:29:51] swyx: It's basically an econometrics paper at NeurIPS, where everyone else is talking about GPUs. And the guy with the GPUs is[00:29:57] Alessio: talking[00:29:57] swyx: about economics instead. [00:30:00] That was the sort of fun one. So the focus I saw is that model papers at NeurIPS are kind of dead. No one really presents models anymore. It's just data sets.[00:30:12] swyx: This is all the grad students are working on. So like there was a data sets track and then I was looking around like, I was like, you don't need a data sets track because every paper is a data sets paper. And so data sets and benchmarks, they're kind of flip sides of the same thing. So Yeah. Cool. Yeah, if you're a grad student, you're a GPU boy, you kind of work on that.[00:30:30] swyx: And then the, the sort of big model that people walk around and pick the ones that they like, and then they use it in their models. And that's, that's kind of how it develops. I, I feel like, um, like, like you didn't last year, you had people like Hao Tian who worked on Lava, which is take Lama and add Vision.[00:30:47] swyx: And then obviously actually I hired him and he added Vision to Grok. Now he's the Vision Grok guy. This year, I don't think there was any of those.[00:30:55] Alessio: What were the most popular, like, orals? Last year it was like the [00:31:00] Mixed Monarch, I think, was like the most attended. Yeah, uh, I need to look it up. Yeah, I mean, if nothing comes to mind, that's also kind of like an answer in a way.[00:31:10] Alessio: But I think last year there was a lot of interest in, like, furthering models and, like, different architectures and all of that.[00:31:16] swyx: I will say that I felt the orals, oral picks this year were not very good. Either that or maybe it's just a So that's the highlight of how I have changed in terms of how I view papers.[00:31:29] swyx: So like, in my estimation, two of the best papers in this year for datasets or data comp and refined web or fine web. These are two actually industrially used papers, not highlighted for a while. I think DCLM got the spotlight, FineWeb didn't even get the spotlight. So like, it's just that the picks were different.[00:31:48] swyx: But one thing that does get a lot of play that a lot of people are debating is the role that's scheduled. This is the schedule free optimizer paper from Meta from Aaron DeFazio. And this [00:32:00] year in the ML community, there's been a lot of chat about shampoo, soap, all the bathroom amenities for optimizing your learning rates.[00:32:08] swyx: And, uh, most people at the big labs are. Who I asked about this, um, say that it's cute, but it's not something that matters. I don't know, but it's something that was discussed and very, very popular. 4Wars[00:32:19] Alessio: of AI recap maybe, just quickly. Um, where do you want to start? Data?[00:32:26] swyx: So to remind people, this is the 4Wars piece that we did as one of our earlier recaps of this year.[00:32:31] swyx: And the belligerents are on the left, journalists, writers, artists, anyone who owns IP basically, New York Times, Stack Overflow, Reddit, Getty, Sarah Silverman, George RR Martin. Yeah, and I think this year we can add Scarlett Johansson to that side of the fence. So anyone suing, open the eye, basically. I actually wanted to get a snapshot of all the lawsuits.[00:32:52] swyx: I'm sure some lawyer can do it. That's the data quality war. On the right hand side, we have the synthetic data people, and I think we talked about Lumna's talk, you know, [00:33:00] really showing how much synthetic data has come along this year. I think there was a bit of a fight between scale. ai and the synthetic data community, because scale.[00:33:09] swyx: ai published a paper saying that synthetic data doesn't work. Surprise, surprise, scale. ai is the leading vendor of non synthetic data. Only[00:33:17] Alessio: cage free annotated data is useful.[00:33:21] swyx: So I think there's some debate going on there, but I don't think it's much debate anymore that at least synthetic data, for the reasons that are blessed in Luna's talk, Makes sense.[00:33:32] swyx: I don't know if you have any perspectives there.[00:33:34] Alessio: I think, again, going back to the reinforcement fine tuning, I think that will change a little bit how people think about it. I think today people mostly use synthetic data, yeah, for distillation and kind of like fine tuning a smaller model from like a larger model.[00:33:46] Alessio: I'm not super aware of how the frontier labs use it outside of like the rephrase, the web thing that Apple also did. But yeah, I think it'll be. Useful. I think like whether or not that gets us the big [00:34:00] next step, I think that's maybe like TBD, you know, I think people love talking about data because it's like a GPU poor, you know, I think, uh, synthetic data is like something that people can do, you know, so they feel more opinionated about it compared to, yeah, the optimizers stuff, which is like,[00:34:17] swyx: they don't[00:34:17] Alessio: really work[00:34:18] swyx: on.[00:34:18] swyx: I think that there is an angle to the reasoning synthetic data. So this year, we covered in the paper club, the star series of papers. So that's star, Q star, V star. It basically helps you to synthesize reasoning steps, or at least distill reasoning steps from a verifier. And if you look at the OpenAI RFT, API that they released, or that they announced, basically they're asking you to submit graders, or they choose from a preset list of graders.[00:34:49] swyx: Basically It feels like a way to create valid synthetic data for them to fine tune their reasoning paths on. Um, so I think that is another angle where it starts to make sense. And [00:35:00] so like, it's very funny that basically all the data quality wars between Let's say the music industry or like the newspaper publishing industry or the textbooks industry on the big labs.[00:35:11] swyx: It's all of the pre training era. And then like the new era, like the reasoning era, like nobody has any problem with all the reasoning, especially because it's all like sort of math and science oriented with, with very reasonable graders. I think the more interesting next step is how does it generalize beyond STEM?[00:35:27] swyx: We've been using O1 for And I would say like for summarization and creative writing and instruction following, I think it's underrated. I started using O1 in our intro songs before we killed the intro songs, but it's very good at writing lyrics. You know, I can actually say like, I think one of the O1 pro demos.[00:35:46] swyx: All of these things that Noam was showing was that, you know, you can write an entire paragraph or three paragraphs without using the letter A, right?[00:35:53] Creative Writing with AI[00:35:53] swyx: So like, like literally just anything instead of token, like not even token level, character level manipulation and [00:36:00] counting and instruction following. It's, uh, it's very, very strong.[00:36:02] swyx: And so no surprises when I ask it to rhyme, uh, and to, to create song lyrics, it's going to do that very much better than in previous models. So I think it's underrated for creative writing.[00:36:11] Alessio: Yeah.[00:36:12] Legal and Ethical Issues in AI[00:36:12] Alessio: What do you think is the rationale that they're going to have in court when they don't show you the thinking traces of O1, but then they want us to, like, they're getting sued for using other publishers data, you know, but then on their end, they're like, well, you shouldn't be using my data to then train your model.[00:36:29] Alessio: So I'm curious to see how that kind of comes. Yeah, I mean, OPA has[00:36:32] swyx: many ways to publish, to punish people without bringing, taking them to court. Already banned ByteDance for distilling their, their info. And so anyone caught distilling the chain of thought will be just disallowed to continue on, on, on the API.[00:36:44] swyx: And it's fine. It's no big deal. Like, I don't even think that's an issue at all, just because the chain of thoughts are pretty well hidden. Like you have to work very, very hard to, to get it to leak. And then even when it leaks the chain of thought, you don't know if it's, if it's [00:37:00] The bigger concern is actually that there's not that much IP hiding behind it, that Cosign, which we talked about, we talked to him on Dev Day, can just fine tune 4.[00:37:13] swyx: 0 to beat 0. 1 Cloud SONET so far is beating O1 on coding tasks without, at least O1 preview, without being a reasoning model, same for Gemini Pro or Gemini 2. 0. So like, how much is reasoning important? How much of a moat is there in this, like, All of these are proprietary sort of training data that they've presumably accomplished.[00:37:34] swyx: Because even DeepSeek was able to do it. And they had, you know, two months notice to do this, to do R1. So, it's actually unclear how much moat there is. Obviously, you know, if you talk to the Strawberry team, they'll be like, yeah, I mean, we spent the last two years doing this. So, we don't know. And it's going to be Interesting because there'll be a lot of noise from people who say they have inference time compute and actually don't because they just have fancy chain of thought.[00:38:00][00:38:00] swyx: And then there's other people who actually do have very good chain of thought. And you will not see them on the same level as OpenAI because OpenAI has invested a lot in building up the mythology of their team. Um, which makes sense. Like the real answer is somewhere in between.[00:38:13] Alessio: Yeah, I think that's kind of like the main data war story developing.[00:38:18] The Data War: GPU Poor vs. GPU Rich[00:38:18] Alessio: GPU poor versus GPU rich. Yeah. Where do you think we are? I think there was, again, going back to like the small model thing, there was like a time in which the GPU poor were kind of like the rebel faction working on like these models that were like open and small and cheap. And I think today people don't really care as much about GPUs anymore.[00:38:37] Alessio: You also see it in the price of the GPUs. Like, you know, that market is kind of like plummeted because there's people don't want to be, they want to be GPU free. They don't even want to be poor. They just want to be, you know, completely without them. Yeah. How do you think about this war? You[00:38:52] swyx: can tell me about this, but like, I feel like the, the appetite for GPU rich startups, like the, you know, the, the funding plan is we will raise 60 million and [00:39:00] we'll give 50 of that to NVIDIA.[00:39:01] swyx: That is gone, right? Like, no one's, no one's pitching that. This was literally the plan, the exact plan of like, I can name like four or five startups, you know, this time last year. So yeah, GPU rich startups gone.[00:39:12] The Rise of GPU Ultra Rich[00:39:12] swyx: But I think like, The GPU ultra rich, the GPU ultra high net worth is still going. So, um, now we're, you know, we had Leopold's essay on the trillion dollar cluster.[00:39:23] swyx: We're not quite there yet. We have multiple labs, um, you know, XAI very famously, you know, Jensen Huang praising them for being. Best boy number one in spinning up 100, 000 GPU cluster in like 12 days or something. So likewise at Meta, likewise at OpenAI, likewise at the other labs as well. So like the GPU ultra rich are going to keep doing that because I think partially it's an article of faith now that you just need it.[00:39:46] swyx: Like you don't even know what it's going to, what you're going to use it for. You just, you just need it. And it makes sense that if, especially if we're going into. More researchy territory than we are. So let's say 2020 to 2023 was [00:40:00] let's scale big models territory because we had GPT 3 in 2020 and we were like, okay, we'll go from 1.[00:40:05] swyx: 75b to 1. 8b, 1. 8t. And that was GPT 3 to GPT 4. Okay, that's done. As far as everyone is concerned, Opus 3. 5 is not coming out, GPT 4. 5 is not coming out, and Gemini 2, we don't have Pro, whatever. We've hit that wall. Maybe I'll call it the 2 trillion perimeter wall. We're not going to 10 trillion. No one thinks it's a good idea, at least from training costs, from the amount of data, or at least the inference.[00:40:36] swyx: Would you pay 10x the price of GPT Probably not. Like, like you want something else that, that is at least more useful. So it makes sense that people are pivoting in terms of their inference paradigm.[00:40:47] Emerging Trends in AI Models[00:40:47] swyx: And so when it's more researchy, then you actually need more just general purpose compute to mess around with, uh, at the exact same time that production deployments of the old, the previous paradigm is still ramping up,[00:40:58] swyx: um,[00:40:58] swyx: uh, pretty aggressively.[00:40:59] swyx: So [00:41:00] it makes sense that the GPU rich are growing. We have now interviewed both together and fireworks and replicates. Uh, we haven't done any scale yet. But I think Amazon, maybe kind of a sleeper one, Amazon, in a sense of like they, at reInvent, I wasn't expecting them to do so well, but they are now a foundation model lab.[00:41:18] swyx: It's kind of interesting. Um, I think, uh, you know, David went over there and started just creating models.[00:41:25] Alessio: Yeah, I mean, that's the power of prepaid contracts. I think like a lot of AWS customers, you know, they do this big reserve instance contracts and now they got to use their money. That's why so many startups.[00:41:37] Alessio: Get bought through the AWS marketplace so they can kind of bundle them together and prefer pricing.[00:41:42] swyx: Okay, so maybe GPU super rich doing very well, GPU middle class dead, and then GPU[00:41:48] Alessio: poor. I mean, my thing is like, everybody should just be GPU rich. There shouldn't really be, even the GPU poorest, it's like, does it really make sense to be GPU poor?[00:41:57] Alessio: Like, if you're GPU poor, you should just use the [00:42:00] cloud. Yes, you know, and I think there might be a future once we kind of like figure out what the size and shape of these models is where like the tiny box and these things come to fruition where like you can be GPU poor at home. But I think today is like, why are you working so hard to like get these models to run on like very small clusters where it's like, It's so cheap to run them.[00:42:21] Alessio: Yeah, yeah,[00:42:22] swyx: yeah. I think mostly people think it's cool. People think it's a stepping stone to scaling up. So they aspire to be GPU rich one day and they're working on new methods. Like news research, like probably the most deep tech thing they've done this year is Distro or whatever the new name is.[00:42:38] swyx: There's a lot of interest in heterogeneous computing, distributed computing. I tend generally to de emphasize that historically, but it may be coming to a time where it is starting to be relevant. I don't know. You know, SF compute launched their compute marketplace this year, and like, who's really using that?[00:42:53] swyx: Like, it's a bunch of small clusters, disparate types of compute, and if you can make that [00:43:00] useful, then that will be very beneficial to the broader community, but maybe still not the source of frontier models. It's just going to be a second tier of compute that is unlocked for people, and that's fine. But yeah, I mean, I think this year, I would say a lot more on device, We are, I now have Apple intelligence on my phone.[00:43:19] swyx: Doesn't do anything apart from summarize my notifications. But still, not bad. Like, it's multi modal.[00:43:25] Alessio: Yeah, the notification summaries are so and so in my experience.[00:43:29] swyx: Yeah, but they add, they add juice to life. And then, um, Chrome Nano, uh, Gemini Nano is coming out in Chrome. Uh, they're still feature flagged, but you can, you can try it now if you, if you use the, uh, the alpha.[00:43:40] swyx: And so, like, I, I think, like, you know, We're getting the sort of GPU poor version of a lot of these things coming out, and I think it's like quite useful. Like Windows as well, rolling out RWKB in sort of every Windows department is super cool. And I think the last thing that I never put in this GPU poor war, that I think I should now, [00:44:00] is the number of startups that are GPU poor but still scaling very well, as sort of wrappers on top of either a foundation model lab, or GPU Cloud.[00:44:10] swyx: GPU Cloud, it would be Suno. Suno, Ramp has rated as one of the top ranked, fastest growing startups of the year. Um, I think the last public number is like zero to 20 million this year in ARR and Suno runs on Moto. So Suno itself is not GPU rich, but they're just doing the training on, on Moto, uh, who we've also talked to on, on the podcast.[00:44:31] swyx: The other one would be Bolt, straight cloud wrapper. And, and, um, Again, another, now they've announced 20 million ARR, which is another step up from our 8 million that we put on the title. So yeah, I mean, it's crazy that all these GPU pores are finding a way while the GPU riches are also finding a way. And then the only failures, I kind of call this the GPU smiling curve, where the edges do well, because you're either close to the machines, and you're like [00:45:00] number one on the machines, or you're like close to the customers, and you're number one on the customer side.[00:45:03] swyx: And the people who are in the middle. Inflection, um, character, didn't do that great. I think character did the best of all of them. Like, you have a note in here that we apparently said that character's price tag was[00:45:15] Alessio: 1B.[00:45:15] swyx: Did I say that?[00:45:16] Alessio: Yeah. You said Google should just buy them for 1B. I thought it was a crazy number.[00:45:20] Alessio: Then they paid 2. 7 billion. I mean, for like,[00:45:22] swyx: yeah.[00:45:22] Alessio: What do you pay for node? Like, I don't know what the game world was like. Maybe the starting price was 1B. I mean, whatever it was, it worked out for everybody involved.[00:45:31] The Multi-Modality War[00:45:31] Alessio: Multimodality war. And this one, we never had text to video in the first version, which now is the hottest.[00:45:37] swyx: Yeah, I would say it's a subset of image, but yes.[00:45:40] Alessio: Yeah, well, but I think at the time it wasn't really something people were doing, and now we had VO2 just came out yesterday. Uh, Sora was released last month, last week. I've not tried Sora, because the day that I tried, it wasn't, yeah. I[00:45:54] swyx: think it's generally available now, you can go to Sora.[00:45:56] swyx: com and try it. Yeah, they had[00:45:58] Alessio: the outage. Which I [00:46:00] think also played a part into it. Small things. Yeah. What's the other model that you posted today that was on Replicate? Video or OneLive?[00:46:08] swyx: Yeah. Very, very nondescript name, but it is from Minimax, which I think is a Chinese lab. The Chinese labs do surprisingly well at the video models.[00:46:20] swyx: I'm not sure it's actually Chinese. I don't know. Hold me up to that. Yep. China. It's good. Yeah, the Chinese love video. What can I say? They have a lot of training data for video. Or a more relaxed regulatory environment.[00:46:37] Alessio: Uh, well, sure, in some way. Yeah, I don't think there's much else there. I think like, you know, on the image side, I think it's still open.[00:46:45] Alessio: Yeah, I mean,[00:46:46] swyx: 11labs is now a unicorn. So basically, what is multi modality war? Multi modality war is, do you specialize in a single modality, right? Or do you have GodModel that does all the modalities? So this is [00:47:00] definitely still going, in a sense of 11 labs, you know, now Unicorn, PicoLabs doing well, they launched Pico 2.[00:47:06] swyx: 0 recently, HeyGen, I think has reached 100 million ARR, Assembly, I don't know, but they have billboards all over the place, so I assume they're doing very, very well. So these are all specialist models, specialist models and specialist startups. And then there's the big labs who are doing the sort of all in one play.[00:47:24] swyx: And then here I would highlight Gemini 2 for having native image output. Have you seen the demos? Um, yeah, it's, it's hard to keep up. Literally they launched this last week and a shout out to Paige Bailey, who came to the Latent Space event to demo on the day of launch. And she wasn't prepared. She was just like, I'm just going to show you.[00:47:43] swyx: So they have voice. They have, you know, obviously image input, and then they obviously can code gen and all that. But the new one that OpenAI and Meta both have but they haven't launched yet is image output. So you can literally, um, I think their demo video was that you put in an image of a [00:48:00] car, and you ask for minor modifications to that car.[00:48:02] swyx: They can generate you that modification exactly as you asked. So there's no need for the stable diffusion or comfy UI workflow of like mask here and then like infill there in paint there and all that, all that stuff. This is small model nonsense. Big model people are like, huh, we got you in as everything in the transformer.[00:48:21] swyx: This is the multimodality war, which is, do you, do you bet on the God model or do you string together a whole bunch of, uh, Small models like a, like a chump. Yeah,[00:48:29] Alessio: I don't know, man. Yeah, that would be interesting. I mean, obviously I use Midjourney for all of our thumbnails. Um, they've been doing a ton on the product, I would say.[00:48:38] Alessio: They launched a new Midjourney editor thing. They've been doing a ton. Because I think, yeah, the motto is kind of like, Maybe, you know, people say black forest, the black forest models are better than mid journey on a pixel by pixel basis. But I think when you put it, put it together, have you tried[00:48:53] swyx: the same problems on black forest?[00:48:55] Alessio: Yes. But the problem is just like, you know, on black forest, it generates one image. And then it's like, you got to [00:49:00] regenerate. You don't have all these like UI things. Like what I do, no, but it's like time issue, you know, it's like a mid[00:49:06] swyx: journey. Call the API four times.[00:49:08] Alessio: No, but then there's no like variate.[00:49:10] Alessio: Like the good thing about mid journey is like, you just go in there and you're cooking. There's a lot of stuff that just makes it really easy. And I think people underestimate that. Like, it's not really a skill issue, because I'm paying mid journey, so it's a Black Forest skill issue, because I'm not paying them, you know?[00:49:24] Alessio: Yeah,[00:49:25] swyx: so, okay, so, uh, this is a UX thing, right? Like, you, you, you understand that, at least, we think that Black Forest should be able to do all that stuff. I will also shout out, ReCraft has come out, uh, on top of the image arena that, uh, artificial analysis has done, has apparently, uh, Flux's place. Is this still true?[00:49:41] swyx: So, Artificial Analysis is now a company. I highlighted them I think in one of the early AI Newses of the year. And they have launched a whole bunch of arenas. So, they're trying to take on LM Arena, Anastasios and crew. And they have an image arena. Oh yeah, Recraft v3 is now beating Flux 1. 1. Which is very surprising [00:50:00] because Flux And Black Forest Labs are the old stable diffusion crew who left stability after, um, the management issues.[00:50:06] swyx: So Recurve has come from nowhere to be the top image model. Uh, very, very strange. I would also highlight that Grok has now launched Aurora, which is, it's very interesting dynamics between Grok and Black Forest Labs because Grok's images were originally launched, uh, in partnership with Black Forest Labs as a, as a thin wrapper.[00:50:24] swyx: And then Grok was like, no, we'll make our own. And so they've made their own. I don't know, there are no APIs or benchmarks about it. They just announced it. So yeah, that's the multi modality war. I would say that so far, the small model, the dedicated model people are winning, because they are just focused on their tasks.[00:50:42] swyx: But the big model, People are always catching up. And the moment I saw the Gemini 2 demo of image editing, where I can put in an image and just request it and it does, that's how AI should work. Not like a whole bunch of complicated steps. So it really is something. And I think one frontier that we haven't [00:51:00] seen this year, like obviously video has done very well, and it will continue to grow.[00:51:03] swyx: You know, we only have Sora Turbo today, but at some point we'll get full Sora. Oh, at least the Hollywood Labs will get Fulsora. We haven't seen video to audio, or video synced to audio. And so the researchers that I talked to are already starting to talk about that as the next frontier. But there's still maybe like five more years of video left to actually be Soda.[00:51:23] swyx: I would say that Gemini's approach Compared to OpenAI, Gemini seems, or DeepMind's approach to video seems a lot more fully fledged than OpenAI. Because if you look at the ICML recap that I published that so far nobody has listened to, um, that people have listened to it. It's just a different, definitely different audience.[00:51:43] swyx: It's only seven hours long. Why are people not listening? It's like everything in Uh, so, so DeepMind has, is working on Genie. They also launched Genie 2 and VideoPoet. So, like, they have maybe four years advantage on world modeling that OpenAI does not have. Because OpenAI basically only started [00:52:00] Diffusion Transformers last year, you know, when they hired, uh, Bill Peebles.[00:52:03] swyx: So, DeepMind has, has a bit of advantage here, I would say, in, in, in showing, like, the reason that VO2, while one, They cherry pick their videos. So obviously it looks better than Sora, but the reason I would believe that VO2, uh, when it's fully launched will do very well is because they have all this background work in video that they've done for years.[00:52:22] swyx: Like, like last year's NeurIPS, I already was interviewing some of their video people. I forget their model name, but for, for people who are dedicated fans, they can go to NeurIPS 2023 and see, see that paper.[00:52:32] Alessio: And then last but not least, the LLMOS. We renamed it to Ragops, formerly known as[00:52:39] swyx: Ragops War. I put the latest chart on the Braintrust episode.[00:52:43] swyx: I think I'm going to separate these essays from the episode notes. So the reason I used to do that, by the way, is because I wanted to show up on Hacker News. I wanted the podcast to show up on Hacker News. So I always put an essay inside of there because Hacker News people like to read and not listen.[00:52:58] Alessio: So episode essays,[00:52:59] swyx: I remember [00:53:00] purchasing them separately. You say Lanchain Llama Index is still growing.[00:53:03] Alessio: Yeah, so I looked at the PyPy stats, you know. I don't care about stars. On PyPy you see Do you want to share your screen? Yes. I prefer to look at actual downloads, not at stars on GitHub. So if you look at, you know, Lanchain still growing.[00:53:20] Alessio: These are the last six months. Llama Index still growing. What I've basically seen is like things that, One, obviously these things have A commercial product. So there's like people buying this and sticking with it versus kind of hopping in between things versus, you know, for example, crew AI, not really growing as much.[00:53:38] Alessio: The stars are growing. If you look on GitHub, like the stars are growing, but kind of like the usage is kind of like flat. In the last six months, have they done some[00:53:4

Discover how inflation is destroying the value of your money and eroding the ethical foundations of society. Legendary author Doug Casey reveals the insidious ways rising prices lead to social decay, unethical behavior, and the breakdown of trust.  Learn how to protect your prosperity by shifting away from the falling dollar and into real assets like gold, real estate, and carefully selected investments.  Don't let inflation rob you - get the insights you need to thrive in this challenging economic environment. Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”.  Resources: Visit internationalman.com to read Doug Casey's weekly articles and watch his "Doug Casey's Take" videos on YouTube. Show Notes: GetRichEducation.com/534 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:01   Welcome to GRE. I'm your host. Keith Weinhold, inflation does not mean rising prices. Inflation is an expansion of the money supply which results in rising prices, and it leads to wider societal decay and moral breakdowns in ways that you've never thought about before. It misdirects inflation frustration toward people like housing providers and grocers, we explore it today on get rich education.   Mid south home buyers, I mean, they're total pros, with over two decades is the nation's highest rated turnkey provider. Their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with a better business bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k. I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid south homebuyers.com that's mid south homebuyers.com   you know, whenever you want the best written real estate and finance info. Oh, geez. Today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66 866.   Speaker 1  3:12   you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  3:28   We are the GRE from Albany, New York to New Albany, Ohio, and across 188 nations worldwide. I'm your host, Keith Weinhold, and this is get rich education. You have probably heard it been said by now that money must have three attributes. It is a store of value, a medium of exchange and a unit of account. The US Dollar does not meet the first one store of value. That's due to inflation. How is the dollar a store of value, it is not so then the dollar is a mere currency, not money. You can make the case that gold is a store of value, maybe that Bitcoin is, although it's got a short track record and it's a volatile ride the S, p5, 100, you could say that's nothing more than a store of value long term. When you understand all the drags on it, you're only treading water long term with the s, p, I've discussed that on shows earlier this year. That leaves real estate as not just a good long term, stable store a value, but when it's done right, it is the vehicle where inflation actually increases your purchasing power. And here's a new way to think about it, money is your time and energy captured in an abstracted form for the government to take out debt. They are borrowing your time and energy. Government debt is the closest thing we've ever seen to time travel.They're borrowing the collective time and energy from your future. How do you achieve time travel? You borrow human time and energy from the future currency debasement steals the time and energy of you and everyone alive today. That's why you've got to protect yourself. And what this does is that it actually increases your time preference. Yeah, the term time preference, that's something that Bitcoin authors like Dr saifedean Amos often use time preference and actually think that it's sort of a confusing term. Time preference, though, it sounds like a good thing, it's actually a bad thing. It means that you would rather consume now and over consume now instead of later. Having a high time preference means that you want to all out, ball out right now, and not consider your future. Well, that's what inflation does whenever you see the term time preference out there. I think the best way for you to remember what that means is think of it instead as a now preference. I think now preference is more intuitive than time preference. Teach me how to Dougie, yes, we've got public figure and mega popular author Doug Casey back with us today to discuss how rising prices lead to social decay and makes humans have a higher time preference resultantly, I guess that is teaching us how to Dougie. Yes, indeed, that is a reference to that, like 15 year old song, teach me how to Dougie, and we would drop some bars of that song right now. Oh, you know that me and the team here, we really want to, but we would probably have some royalty issues with that one here, and I'll tell you that is such a stupid song. Teach me how to Dougie, but at the same time, once you've heard it, the next thing that you want to do is hear it again somehow. But it's pretty likely that Doug Casey and I have some more important things to talk about. So fortunately for you, rather than discuss a 2010, rap song any further, we're going to discuss how rising prices lead to social decay.   Monetary inflation is even worse than you think. This era's rising prices and falling values actually lead to social decay. Villains and unethical actors are getting rewarded and they're stealing from you. We're going to discuss just how the international man himself, a legendary and generationally popular author, is back with us for a sobering look at inflation and social decay today. Hey, welcome back in. Doug Casey.    Doug Casey  8:04   Nice to talk to you, Keith. I'm speaking to you at the moment from my farm in Uruguay, which is one of the, I would say, two, most stable countries in Latin America, and one of the two or three most stable countries in the Western Hemisphere, there's a lot of real estate in the world, other than in the US. And I know that you mostly talk about real estate. I've actually done a lot of real estate too, all around the world, in the Orient and in Europe and South America, and, of course, a lot in the US and Canada. So I'm generally friendly to real estate, and it's been very, very good to me.   Keith Weinhold  8:44   Well, you're truly living up to the International Man moniker again today, joining us from that small South American nation of Uruguay and Doug. Before we talk about the inflation and the social decay, what are property taxes like there in that part of Uruguay. And I know you often spend time in Buenos Aires Argentina as well. If you can talk to us in terms of the percent of the value of the property that you pay in property tax each year, which tends to be one to one and a quarter percent on an average in the United States.   Doug Casey  9:13   that's right. And I think in some states like Illinois, it can go up to about 2% if I'm not mistaken, which means that you really don't own your property. If you don't pay your real estate taxes for for a year or two, you'll find out who really owns it, right? But taxes are high in South America, but generally, not too bad on real estate per se, certainly not on farmland, but farmland everywhere in the world doesn't pay much in the way of real estate taxes, and that's certainly the case here in Uruguay, and the same in Argentina, which might be worth more discussion, because Argentina is doing something that's actually unique in world history right now. And I.hope it's a story that ends well, because they're going in the right direction. But to answer your question, if you buy a condo or a house in a city in Uruguay or Argentina or most of these countries down here, you're going to pay real estate taxes, but it's less than in the US typically, like a half a percent, when they get you in South America is value added taxes, or anything you buy, including labor. In most places, you have to pay the government someplace in between 18 or 20 or 22% depending it's like a huge extra sales tax that's hidden in the cost of the item. And of course, they have income taxes down here, just as what they do in the US, approximately American levels. But on the bright side, not that I know about these things from a firsthand point of view, but these Latin American countries are kind of corrupt and not as completely grasping as the US is they're not as competent in going after you, and don't have a worldwide reach, which the US does.    Keith Weinhold  11:07   Yeah. Oh, well, that's an interesting comparison there. And yeah, Doug, a lot of Latin American nations have had high rates of inflation in both the recent past and now in a piece that you recently wrote is titled, inflation and social decay, rising prices and falling values. And here in the United States, whether it's at the grocery store or the mall or restaurants or airports or anywhere you turn, people really are finding inferior goods and services yet at higher prices. I mean, everyone sees that now. And Doug, I know that you've maintained that living standards have taken a big step, not forward, but backward, and are trending even worse. So tell us about it.    Doug Casey  11:49   Well, the way that you become wealthy is by producing more than you consume and saving the difference. That's the basic formula. Produce more than you consume and save the difference. But when the government inflates the currency, and the government's entirely at fault with it, they have the printing presses. They control the currency. It makes it very, very hard to save, and you can't get ahead. You can't build capital which you need in order to invest and become a capitalist. So inflation is the enemy of the average man, and it's the enemy of society as a whole, but some people do very well because of inflation. Why? Because in the US, it's the people in basically New York and Washington and other big cities that stand very close to the fire hydrant of money that comes out of the government, and they get to drink deeply before something trickles down to the plebs below inflation will destroy a country, and that's why in Latin America in particular, you've got very rich people who are usually connected to the government, who get that money first, and a lot of poor peasants who don't get it, and I'm afraid that the US has been going in that direction for some years.    Keith Weinhold  13:08   Well, I'm so glad Doug that you gave us the reminder that the government is the source of inflation. That's where it all begins, because people often blame the landlord for higher rents, but they blame the grocer for the higher beef prices, but the landlord in the grocer, they're only the messenger, not the source. You're absolutely right. It's a question of very bad economic education throughout the school system, all the way up to college and post grad work the butcher and the baker and the oil maker produce real goods that make your standard of living higher. They're the heroes in this scenario. The government, which prints up money through its deficits that it runs, is the villain in this and I never cease to be amazed and shocked how people look at politicians to be their saviors, right? They're heroes. They're not. They're the villains in this piece. They serve no useful purpose. And the same goes for most of these agencies that they set up, which once again, make things easier for the guys on top, that have capital, that have political connections, that can hire the lawyers, hire the accountants to twist things in their favor, makes it very hard for the little guy who can't jump over the hurdles that are put up by regulation as well as taxes as well as inflation.    Tell us about how inflation erodes ethical standards.    Doug Casey  14:38   Well, that's a problem too, because if you can't trust money, the validity of contracts becomes questionable if you borrow. It's terrible in a country like Argentina, if you borrowed 100 pesos from me and only gave it back to me next year, it'd be worth half as much. But you say, Hey, here's your 100 pesos, but you're subtly cheating the person that you borrowed the money from, right? And it erodes trust. Not only that, but inflation tends to make the banking system unsound for a number of reasons. If you can't trust your bank, you really can't trust any financial institutions. So money is the lifeblood of a society. It represents everything that you want to do and want to provide for other people in the future. And if the government destroys your money, it's destroying your future life. And that erodes trust. It makes people think in terms of, I want it all, and I want it now. I'm not willing to wait, because in the future, I don't know what anything is going to be worth. So it leads to an unstable society. And in an unstable society, you don't trust anything.    Keith Weinhold  15:57   right? Well, first, I love your example of the 100 peso loan. I mean, how would one know how much interest to charge in a runaway inflationary environment? Because some people don't realize that high inflation also means more volatile levels of inflation, and banking and lending really break down. You know, Doug, I've got my own example or two about how inflation introduces unethical behavior when the big wave of inflation started to hit in 2021 and 2022 in the United States, you know my favorite cold brew bottled coffee, which I drank because it had good ingredients in it, rather than raising the price on that with inflation, they replaced their higher quality sweeteners in my cold brew coffee, like stevia and monk fruit extract with a junky sucralose sweetener, they could keep their price the same that way. They sure didn't point out that they substituted a junkier sweetener. And really this is another form of inflation called skimplation That was pretty sneaky behavior here.   Doug Casey  17:00   you're absolutely correct, Keith, and this further breaks down the bonds of trust in society, because you no longer really trust that manufacturer, and that's just your one particular coffee manufacturer, but it's happening across the board with all manufacturers, so no wonder people start saying, Hey, I hate these companies. They're trying to rip me off. Well, they're not trying to rip you off. They're just trying to survive the consequences of the government debasing the currency. So we have to assign blame where it belongs. That's a very good example that you just gave. I think.   Keith Weinhold  17:35   yeah. And I think another way that inflation introduces unethical behavior is say that there are two different manufacturers of wine, and they're selling their bottle of wine for $20 then the currency supply doubles. Okay, well, one manufacturer can go ahead and keep selling their $20 wine with inferior ingredients. Well over here, the honest guy, the other company, they double their price to $40 and they continue to use good quality ingredients. But what do consumers notice? They notice the price more than the ingredients. So therefore the unethical one that waters down their wine ingredients but keeps their price low actually gets rewarded and will get more business.    Doug Casey  18:15   You're right, certainly in the short run, but in the long run, inflation is going to destroy both of them, but for different reasons, inflation really destroys the basis of society itself, because it makes it so much harder to produce and you don't have any savings to consume. So money is the basis of society. When you destroy the money you're destroying the basis of society itself.    Keith Weinhold  18:43   We're talking with Doug Casey about his recent piece that you can find@internationalman.com it'stitled inflation and social decay, rising prices and falling values. He also hosts the eponymous show, Doug Casey's take more with Doug when we come back, including how inflation leads to a more litigious society and actually creates more lawsuits. That's straight ahead. I'm your host. Keith Weinhold.   oh geez, the national average bank account pays less than 1% on your savings, so your bank is getting rich off of you. You've got to earn way more, or else you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk, your cash generates up to a 10% return and compounds year in and year out. Instead of earning less than 1% in your bank account, the minimum investment is just 25k   you keep getting paid until you decide you want your money back. Their decade plus track record proves they've always paid their investors 100% in full and on time. And you know how I'd know, because I'm an investor in this myself, earn 10% like me and GRE listeners are text family to 66866, to learn about freedom, family investments, liquidity fund, on your journey to financial freedom through passive income. Text, family to 66866   Hey, you can get your mortgage loans at the same place where I get mine, at Ridge lending group  NMLS, 42056. They provided our listeners with more loans than any provider in the entire nation because they specialize in income properties, they help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com That's ridgelendinggroup.com   Richard Duncan  20:53   this is Richard Duncan, publisher and macro watch, listen to get rich Education with Geek Weinhold, and don't quit your Daydream.   Keith Weinhold  21:11   Welcome back to get rich education. We're talking with legendary author Doug Casey. In fact, his classic book strategic investing broke the record for receiving the largest advance ever paid for a financial book at the time. And Doug, I know, in one of your latest pieces, you talked about how inflation actually leads to a more litigious society as well. Tell us about that.   Doug Casey  21:34   The US is actually the most litigious country in the world, and it's because a company may have a hard time meeting its obligations when the currency that its obligations are denominated in turns into a floating abstraction, and if you can't fulfill your obligation, is the way you would righteously on a handshake. Might you may want to call in your lawyers to help you survive. So it percolates through all areas of society.    Keith Weinhold  22:06   Now, on top of inflation, I think there's a problem that's really in one's face today, America has a tip inflation problem where increasingly you are being asked for tips at places where you weren't beforehand. And I think a lot of that really began with COVID. Places like Subway restaurant began asking for tips even though you're standing up to order your food, and it was a way for you to show appreciation that they showed up during the pandemic. But when the pandemic waned, the tip request didn't go away. In fact, I think they've increased. So we have tip inflation on top of inflation. Doug, I recently attended a conference, and the little convenience stores inside the event site hotel, they stated that they are now cashless. Okay, so you're going to be paying with a card, and when you bring your groceries up to the counter, there's a little screen, and they ask you two to three questions. You have to answer two to three prompts if you don't want to leave a tip. This is just at a convenience store. This holds up the line. It's a little frustrating. It wears me out. They say humans can only make 35,000 decisions a day. I just spent three or four of them saying I don't want to leave a tip for this sandwich that I just brought to the counter. And you know what's funny, Doug, I almost consider if this gets annoying after I deny the ridiculous tip request when they didn't provide any additional service. You know what I think about asking Doug, asking that person, oh, okay, well, you asked me to pay more than we agreed to. Where's my discount? Now let me ask you a few questions about my discount now that you ask that I pay more than what we agreed to. So tenations become a problem.    Doug Casey  23:47   Actually, it's worse than that, because now that the world is going to computer money less cash, they give you some choices. I know at Starbucks, this is the case. You want to leave a 10% or a 15% or a 20% tip, those are the things that you can check to make it easy for yourself. But wait a minute, I just wanted a coffee, and what services this person provided for me, other than just drawing a coffee for me and I'm given a choice of it used to be that tips were this is a long time ago, but it's still the way it is in many countries in the world, the tips were just the excess change that you left there. Or the waiter in many countries in the world, like, well, two I can think of off the top of my hand, or Japan, where tipping is is not accepted. In fact, I remember in one Tokyo restaurant, I left some money on the table, and the waitress ran down the street after me to give me my money back. She thought that I inadvertently left it on the table and it was supposed to be a tip. Other countries, like New Zealand, there's no tipping. Certainly out in the country, it's only in the big cities. So yeah, it's become a rather pernicious habit, but I understand, because the average guy doing manual hourly labor like waiting is having a really hard time making it these days, and that's evidenced by the fact that both Trump and Kamala Harris were talking about making tips exempt from income taxes, because you might have to pay the government, well, forget about it. You have to pay them 15% in Social Security taxes, which are non deductible, and then you have to pay income taxes on top of the Social Security taxes. So I I understand why you'd want to do that, but inflation is just another kind of tax, actually, when we get right down to it, that's what it is. It's a subtle tax. It's a tax that you don't see. It's a tax that you blame on the person providing the service of the good, rather than the government, which if they tax you directly. Yeah, you see that, but you don't see that. Inflation is just another form of tax.    Keith Weinhold  25:59   Sure, an income tax or a property tax is sort of front stage inflation really a backstage tax being surreptitious. To your point, well, if the government is so bad and does such a poor job of issuing currency, Doug, what are your thoughts about the government just getting out of the currency issuance business? Whatever that would look like, a gold standard, a Bitcoin standard. Does the government have to be the one that issues the currency?    Doug Casey  26:27   No, it doesn't actually look and we might want to forget about this concept of currency. You've heard that the BRICS, a bunch of third world countries, Russia, India, China, Brazil, many others who want to get out of using the dollar, they don't want to use the dollar because the dollar is turned into a floating abstraction, and they can't trust the US government, as the Russians found, because all dollars clear through New York. So what are they going to do? They don't trust each other's phony baloney currencies. I think that those countries are going to go to gold, not a gold currency, gold, which was money since day one of human history. Actually, I think that's going to happen in the US. And for many, many years, I've suggested that people do their saving in gold, not in dollars. I've been saving in gold for the last 50 years, starting when gold was in the low 40s. And as you do with savings, you put it aside, you forget about it. And the gold that I first saved at $40 an ounce, it's now at 2700 more or less, has treated me very well. I think that people should be saving with something that's not going to lose value the way the dollar does. If the dollar is in a lot of trouble, it could dry up and blow away, quite frankly. So one reason why you want to own real things, commodities, properties, gold, things of that nature, or stocks, if you choose the company well.    Keith Weinhold  27:59   I've helped people that have been hesitant about putting a little bit of money into gold or Bitcoin with the mindset of, don't think about how you are buying gold or Bitcoin. Think of it rather as how you are shifting a portion of your prosperity from dollars, pesos, yen or euros over into gold or Bitcoin. Really, you're just shifting some of your prosperity there. Is the way that I like to think about it. But Doug, as we've been talking about inflation, in this theme of government really having intervention and distortions into free markets, including things like inflation. You know, I've got something that I'm thinking about, and you might help shape or change my thinking about this. We generally champion free markets around here that's typically a good economic system. However, is a free market with some guardrails on it actually helpful? Or do you think that the guardrails shouldn't be there? You mentioned Donald Trump a little bit earlier? One thing, for example, that he says he wants to do Doug is fire the current FTC chair, Lina Khan now the Federal Trade Commission. What their role has really been in the past few years is they spend a lot of their energy cracking down on fraudsters, but Lina Khan wants to bust up mega corporations. So really, what I'm getting at is, can one of the guardrails that's important be that say the FTC make sure there isn't like a an early 1900 style, John D Rockefeller monopoly. What are your thoughts with the government's role in breaking up monopolies? Is that a valid guardrail on the free market?    Doug Casey  29:30   No, I don't think it is. Look, you've got two kinds of monopolies. You've got market monopolies and legal monopolies. A market monopoly is one where the company provides the good or service so cheaply at such a high quality that nobody can compete with them. It's not worth it. Well, leave it alone. And if they start pricing their product too high, or the quality falls enough in a free market, Competitors will come in. That's one type of monopoly. nothing wrong with that kind of monopoly. The other kind of monopoly is a legal monopoly where the government says you have a franchise to do this, you and only you can do it like, well, like almost anything today, where you have to, you have to get government approval in order to provide the good or service. Like railroads, for instance, you couldn't start a new railroad today if you wanted to. So if it's a legal monopoly, you're fighting the law. If it's a market monopoly, you just have to provide a service or good, cheaper or better. So no, I don't think the FTC or any of these three Leader Letter agencies serve a useful purpose. All they do is add to costs and slow down competition and employ people that stick their nose into your business and tell you what you can or can't do both as a producer and a consumer. Look, the government is force. It's coercion. It should only do three things in a civilized society, we want to limit coercion. That means protect you from coercion outside the country with the military inside the country, with the police force, and allow you to adjudicate disputes peacefully without resorting to coercion through a court system. Everything else can be solved through market processes. Believe it or not, I know that shocks most people to hear they're so used to thinking that big brother is watching over a man is going to save my bank and protect me from bad people out there. I wish there are plenty, but it's not the best way to do it. Frankly.   Keith Weinhold  31:33   you've done a good job of drawing a distinct line as to what you think government should stay out of but what about this monopoly power? What if, even with AI inroads, Google still owns more than 90% of the search markets, so therefore they can charge exorbitant prices. Shouldn't something like Google be broken up in an antitrust lawsuit?    Doug Casey  31:51   No, no, it shouldn't, because there are other companies out there that provide people are just used to using Google. I use it myself, but there are at least a half a dozen, and I'm not a computer jock, so I think there are more than that, other services out there that you can use instead of Google, and believe me, I don't like these big companies. I mean, they act like semi governments onto themselves. No, you don't want the government to step in, because the government is a far greater danger than Google is. Google can't break down your door at three in the morning with cops and haul you off to jail. Google can just charge you more than you'd want and do other things like that. But you have other alternatives to Google. It's not an active over weeding physical danger the way the government does. And I'm not saying I like Google either. I don't. Let's admit it, they provide us a tremendous service at basically zero cost, and if you can find ways to get around them, I think that's great. Like I said, it's wonderful what they do. But that doesn't mean I'm a fan of them because of the way that, like any big organization, sure, they try to take advantage around the edges. Unfortunately, that's a negative part of human nature. But the government is not the solution to the problem.    Keith Weinhold  33:13   And of course, this doesn't mean I'm a pro regulation person. Some states and jurisdictions landlord and tenant act can be overbearing.For example, the FDA is not doing a good job with what is allowed to be put into our food, either. So the size of the regulation probably is too big.    Doug Casey  33:31   My old friend Dirk Pearson, who wrote a book called Life Extension, a practical scientific approach, was a huge bestseller some years ago, and Derek always liked to say the FDA it kills more people every year than the Defense Department does decade. And he's right.    Keith Weinhold  33:51   Yeah, that is a pretty sad indictment on the state of things there. But do you have given us quite a few things to think about with how inflation is actually an unethical source, and some more thoughts about free markets. If our audience wants to connect with you, what's the best way for them to do that?    Doug Casey  34:07   Well, go to internationalman.com I write an article there every week, but every day we have great articles by great people. So go to internationalman.com that's one thing on YouTube. Doug Casey's take, where I have a conversation on these and many, many other subjects with Matt Smith every week. And the last thing is, since you can say some things in the form of fiction that you dare not, or better not say in the form of non fiction, right, I have three novels, speculator, drug lord and assassin that I think are excellent reads, so go on Amazon and pick them up too.    Keith Weinhold  34:47   Yeah, Casey, it's been insightful as usual. Thanks for coming back onto the show today.    Doug Casey  34:52   Appreciate it, Keith, it's been a pleasure.   Keith Weinhold  35:00   Yeah, good insight from Doug. As always, tipflation has become awfully intrusive. I recently made a donation on my nephew's behalf for his soccer team or something like that on the donation platform, okay, they called that donation my pledge. Okay, sure, but before I finaled out my pledge on the site, they next asked me if I would like to leave a tip on top of my pledge. Sheesh. Well, do you blame the donation platform for trying to up charge me after I'm just trying to be giving or instead, after listening to today's episode, do you blame the government for inflation in spending? Is this all just a result of that? And now we have listeners that when they find this show, they want to go back and listen to all currently, 500 plus episodes. Well, if you're listening to this five or 10 years from now, you might find my tipflation stories unusual because the practice could be so common and embedded into society by then. Right now, it's still pretty novel here in the mid 2020s there's a rapid rate of change on the tip flation front. And the next time that you are asked for an out of bounds tip, are you next going to ask the merchant where your discount is and make them answer three questions about it.   And by the way, the cold brew coffee that I mentioned with Doug is not the erstwhile la Columbia brand that I talked about two weeks ago. My favorite and real go tos are the Slate and O, W, Y, N brands. That way you get 20 grams of protein with your coffee and no cheap sweeteners in those two. Now, when it comes to the anti trust stuff, breaking up monopolies and duopolies, see real estate is super fractured with who owns it. I mean, even with more institutional buying of real estate, like we've seen this past decade on a national basis, these huge groups that own 1000 homes or more. All those groups, they only own about 710, of 1%of the US single family housing stock. So real estate investing is free market and it is fractured. It is not at all consolidated.    And now let me give you something outside of real estate, an example from another segment of business, supermarkets. There is no need for you to frantically hoard Annie's mac and cheese. It's not good for you anyway. But two courts rejected the Kroger Albertsons merger earlier this month, and that effectively broke up the deal that would have brought together two of the largest grocery store chains in America, the decision that really gave a sweet victory to FTC chair Lena Khan, like I mentioned there in the interview, but her time at the agency's Helm, that's going to end in a few weeks with the beginning of a new presidential administration. But see, in my opinion, and going after antitrust cases, she was pro free market and pro competition, which I see as a good thing. That way you have more companies vying for your business with better quality and lower prices. But I do like to listen to the other side, because, like I said in the interview, I'm still forming an opinion on this. That's why I wanted Doug Casey's take. And in this case, the two grocery companies, they had argued that creating a larger entity merging them both that would allow it to compete with Walmart and offer higher wages and lower prices. That is their side of it. Now Andrew Ferguson, he is the apparent new FTC chair. He has promised to reverse what he called Khan's anti business agenda, so we're not going to see as much antitrust crackdown from the looks of things. And note that there is also an antitrust division at the DOJ, so their influence weighs in as well. This really hasn't been much of a problem for real estate, one of the most highly fractured major markets around and now you do have though adjacent industry, like the home builder space, where there is a home building giant like Lennar, but even the home builder space isn't nearly as consolidated and anti competitive as say, the online search industry or the airline industry. I would like to wish you a happy new year. As always, we are back next week with more great content coming up on the show. We go in depth on some real estate asset classes and also how you can really, accionably and seriously reduce your tax burden next year with vehicles like bonus depreciation and cost segregation, simplifying those things for you, these are exactly the types of tools about how the rich get ahead by knowing how the tax laws benefit them, and pretty soon you will too.   If you like what you hear here each week, please go ahead and tell a friend about the show. I would really appreciate it. Until then, I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 2  40:15   Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  40:43   The preceding program was brought to you by your home for wealth, building, get rich, education.com

The list of descriptors to accurately depict Luke Harbur, a.k.a. musicbyskippy, would rival Santa's gift list, so I'm only touching on a few here. He's a son, a brother, a transplant survivor, an artist, a producer, a beatboxing specialist, an entrepreneur, a wonderful human being, and he's my guest for Episode No. 150.Luke's stuff all lives at musicbyskippy.com, but you can also find him on Twitter, Instagram, YouTube, TikTok, Threads, Apple Music, Spotify, etc.Luke and I talked about family, life experiences, career visions and dreams, the creative process, and a bunch more. Somewhere in that mix was a short list of a few of his favorite albums. Those were these:Vampire Weekend's Contra (2010)The Human Condition (2016), Jon BellionJ. Cole's KOD (2018)Meeting Luke and learning a little bit about both his journey and his trajectory was an absolute delight. Please consider taking a moment to check him out. Give him a follow, and subscribe to his newsletter.A few corrections: Family Ties, not Facts of Life. Sheesh. In that show, Stephen and Elise are the parents, not the dads. Double sheesh. And, Happy 2025 to you all. Not 2026 (yet). Lord...Anyway, Merry Christmas to you all, and a Happy New Year.Cheers.copyright disclaimer: I do not own the rights to the audio samples contained within this episode. They are snippets from an Oliver Koletzki tune called, "Bring Me Home," from his 2014 release, I am OK, c/o Still vor Talent Records.

Keith unveils our 2025 National Home Price Appreciation Forecast. Learn the factors driving the housing market and discover why Keith's predictions have been spot-on for the past 3 years. Gain the insights you need to make strategic real estate moves in the year ahead. Don't miss this must-listen episode packed with actionable real estate insights. The Fannie Mae home purchase sentiment index rose, indicating growing consumer confidence. Trump's immigration and tariffs policies and their potential impact on housing demand and labor market disruption. Hear about the impact of the under supply of housing in the US and the potential impact on home prices. Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” or for Spotify. Show Notes: GetRichEducation.com/533 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:00   Welcome to GRE I'm your host. Keith Weinhold, today is the day that I'm giving you our 2025 national home price appreciation forecast. You'll get the exact percent that I expect home prices to rise for Fall next year. Learn the factors that really move prices. Importantly, I follow up and you get the results of previous years forecasts too. Will it be a holly jolly forecast or more Grinch like today on Get Rich Education.     Mid-south home buyers. I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider, their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive. Cash Flows, an A plus rating with a better business bureau and now over 5000 houses renovated. There's zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis, get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com   you know, whenever you want the best written real estate and finance info. Oh, geez. Today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now just text GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866.   Corey Coates  3:12   you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  3:28   Welcome to GRE from North port, Florida to North Pole, Alaska and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get rich education episode 533 Yes, your favorite slack jawed real estate podcaster here is indeed the GRE founder. I'm also an active Forbes real estate council member, best selling author. I write our weekly Don't quit your Daydream newsletter. And perhaps most importantly, I am an active real estate investor, I am here to help you invest well in real estate, and that is because most Americans have enough saved for an absolutely incredible single day of retirement. Look the content that you choose to listen to will shape your behavior, it'll even gradually alter your identity over time and forge your dreams. Middle class financial advice will keep you squarely in the middle class. They get robbed of the fruits of their labor through taxes. Get robbed of their purchasing power through inflation, and they get robbed of their financial future by staying financially illiterate. I mean, if you're grinding hard and sacrificing experiences to be debt free at 36 well then that means you aren't using other people's money. You, it confirms that you've got no leverage. Why celebrate that? Celebrate financial freedom or a great vacation, or, you know, anything else, like with your friends and family to the Canary Islands. I mean, that's stuff that's worth celebrating, that's extraordinary in this one and only life that you got. I love the old African proverb, if you want to go fast, go alone. If you want to go far, go together. You and I are on this journey together. Dream of living the life where you just give a light touch to some of your investments while they are building your wealth, just adjust the sales of your ship a little here and there. Now. We'll get into the big picture real estate forces in my exact percent home price appreciation figure shortly. But doesn't that sound amazing where you can just do this? I mean, that's what I do. I just give a light touch to my investments. For example, at the beginning of this month, I looked at the statements as they came in in emails from my property managers in various real estate markets, like I usually do now when you have a perfect month as a real estate investor, US landlords, or should I say, housing providers, acknowledging last week's show we develop our own vernacular. A perfect month is when you have 100% rental occupancy and no repair items. Once though you have more than about five rental units, it's hard to ever have a perfect month. It's always good to budget something toward long term vacancy and maintenance. But I had a pretty good month last month. For some reason, my properties needed a few new appliances, a replaced fridge. Here, a new microwave. There, a lot of appliances like a fridge, you know, they can still look pretty close to new, even if they're used. That's fine for a rental. This was just a $280 fridge replacement, for example, in this one rental, single family home of mine. So yeah, just that monthly scan of your property manager statement, seeing that income and expenses look kind of reasonable to you, and then going about your day and the rest of your month. Now, it wasn't always that way for me. As I started and grew, I self managed my own properties for the first six or seven years, and sometimes, you know, something will happen where I want to get more proactive and maybe take, say, a 90 minute block of time to shop for lower insurance premiums if I see those rates rising in a certain market or something like that, but that's how it feels to give a light touch to your active direct real estate investments. Keep that going, because this is all happening while you keep other people's money working for you, the banks, the governments and the tenants.    Hey, something that's become newsworthy, an index measuring consumer confidence in the housing market, rose again last month, and that is the latest sign that potential property buyers and sellers are growing more accustomed to today's mortgage rates and prices. The Fannie Mae home purchase sentiment index that has now increased to 75 points. So the index has risen 11 points or more than 16% in the last year. So there is, however, not one shred of evidence, for example, that sub 3% mortgage rates are coming back anytime soon, maybe not even in this decade or in your entire lifetime. Who really knows? I mean, it's soon going to be three years since the Fed began their aggressive rate hiking cycle and the market and consumer expectations are finally adjusting and settling down, and that right there that factors in just the touch to the housing forecast that I'm going to deliver to you today. And before I get into that, since we are get rich education, do you know what the federal funds rate is like, what it really means? Let me explain this to you in a way where I think you'll not only learn, but I'm going to give you an example so that you can actually remember it. And I'm going to over simplify it, the federal funds rate, that thing that Jerome Powell and his committee set, that is the rate that banks pay other banks to borrow from each other. It's a little over 4% right now. Okay, let's just say it's 4% here's why the federal funds rate is typically lower than mortgage rates. Say that Wells Fargo pays bank of America this 4% federal funds rate to borrow so that Wells Fargo can then turn around and lend the funds to you for a real estate mortgage loan. All right. Well now you can see that Wells Fargo had to pay Bank of America 4% that's why, when you go get your real estate loan from Wells Fargo, you can understand and see why they'd have to charge you, say, 7% in order to make a spread. That is why mortgage rates are higher than the federal funds rate. Wells Fargo made the spread of 3% because they borrowed at four, and they lent it to you at seven, and you yourself you borrowed at seven because your tenant pays your interest and principal for you, and you get the leverage and all of the other benefits. So again, the federal funds rate is the rate that banks pay when they borrow from other banks, and since they need to make a spread arbitrage, this is why mortgage rates are higher. Again, that's oversimplified, but I think that's a way where you can really remember what that is and why that is that way. All right.    Well, with that lesson understood, let's talk about the big national home price forecast for next year. And here's what's interesting. Look at the forecasts that my peers have made. All right, I've already got the forecasts from 16 other housing analytics platforms here, and they have all predicted that home prices will rise next year, all 16 of them, but they've all forecast something different. And everything we're discussing today, by the way, is nominal, meaning, not inflation adjusted. All right. Note that the average of all these platforms, all 16 of them, is a 2.8% gain for next year. All right, if you look at all of them the range, the highest is Goldman, Sachs at 4.4% and the lowest is Moody's Analytics at just 310 of 1%   I'll tell you now that my forecast today, it wouldn't even fit on this chart, it is going to be off the chart. And this is something that might ramp up your intrigue. Maybe you think I would look at this and choose something safe, and since I have the benefit of seeing how 16 others have weighed in that, I'll just pick something in the middle of that. Oh, no, not at all. This is an independent forecast. So since our forecast is off the chart, then that means that what I'm going to tell you today either has to be higher than the highest, which is that 4.4% from Goldman Sachs, or lower than the lowest, which is that 310 of 1% from Moody's. Yes, it is outside of those brackets, busting the bookends today. And as I lead up to it, I will detail the reasons why the calculus that went into this forecast. So before we're done, yes, you will get the exact percent number that I expect existing single family home values to increase by or decrease by next year. It is the fourth straight year that I'm doing this. And now a lot of people make whimsical predictions, you know. But today, you're gonna get something that you rarely, if ever get accountability, because I'm also going to show you the results, you'll see how well my forecasts have actually performed each of the past three years. Sheesh, don't you wish everyone followed up on the prediction that they made now, oh gosh, most housing price crash Predictions Fail Faster than your average New Year's resolution. All right, we need first historic context in order to put this future that we're talking about into perspective. Let's look at how bad other predictions have been this is something that Yahoo Finance recently pointed out, the year by year, reasons that people thought housing prices would crash Since 2012 so we're talking about the past 13 years here, starting in 2012 it was shadow inventory. Remember that that never came true. 2013 higher mortgage rates. 2014 in that year. People thought that housing prices could tumble hard because QE was ending in October of that year. That is quantitative easing, which is dollar printing. I mean, basically QE, that's just the Genteel way of saying inflation. In 2015 they thought a manufacturing recession would make home prices crash. In 2016 home prices were back to their pre global financial crisis high. Well, people thought that seemed shaky. In 2017 I don't know what it was. No one had a good reason. But the word crash just gets attention, so some media tried to scare people with that headline. Anyway, in 2018 it was mortgage rates went from 4% up to 5% seriously like that was the top reason. In 2019 it was that home price growth was cooling off in 2020 of course, it was the COVID 19 pandemic in 2021 it was mortgage forbearance in 2022 it was that mortgage rates hit 7% that was the first time we saw those in a while, even though 7% is still below the long term average of seven and three quarters percent in 2023 it was historically low housing demand. People thought that would bring down real estate prices. In 2024 it was sustained higher mortgage rates and an uptick in inventory. And what's it going to be in 2025 I don't know. Clickbait artists will have some other farcical reason why home prices will crash. Just watch, all right, well, with that, look back every year since 2012 of course, real estate prices definitely don't always go up. In fact, when we look at a longer term history, the national home price appreciation rate every year since World War Two. Like I told you on a previous episode, there were only two periods where home prices fell, that's over a period of 80 to 85 years. There was just 1% attrition in 1990 and then the only appreciable loss period, of course, were those years around the 2008 global financial crisis, where you really probably could consider that an all out crash, prices were down more than 20% nationally, more than 40% 50% in some markets, all right. Well, how did that concerning period compare to now? Well, 2008 is when conditions were largely opposite of what they are now that is back 2008 we had an oversupply of homes, and it was all supported by poorly underwritten mortgages, meaning the borrower really couldn't afford the payment. And also that's when people had low or no equity in homes, so they just walked away, so borrowers had no equity to lose, nor any credit score to protect, and it was oversupplied there about 17 years ago. I mean, that era was so bad and also such an anomaly, that home prices actually fell below the replacement cost, if you can believe that, meaning that you could ostensibly buy existing property for less than the cost that it would take to build a property, then all right. Well, all three of those conditions are opposite. Now today, we have an under supply of homes. Secondly, we have carefully underwritten mortgages, and thirdly, we have record high equity positions, about 300k on average. People are not walking away from that unless things got absolutely dire. All right, with that historical context. So here we are building up to my factors for the forecast, and then the big reveal of the percent figure here, before we're done, to be clear, what I'm providing is the projected sales price of existing single family homes per the National Association of Realtors, stat set. All right, so why existing? And not include the new builds into that? Well, first of all, there are way more existing home sales. Then there are new build sales each year. And see, the thing is, though, that tracking new build that really skews the numbers, because what can happen is, one year, you might have a ton of luxury new build homes. Well then that skews the numbers up too much. Or then there's the more nascent trend of what's happening lately, building smaller homes this past year in order to help with affordability and building smaller that can skew the numbers down. So sticking with existing homes that allows us to keep things more same same. Today, you'll learn about what goes into my forecast and the factors that actually don't matter as much as you would think, like the incoming Trump administration. You'll also hear an important clip from Trump in a few minutes for the second week in a row, I'm bringing you the show from a fairly interesting place, Anchorage, Alaska. This city of 300,000 people, is at sea level. The west side is confined by a coast. The east side is confined by mountains. It's a modern US city. There are high rise buildings and convention centers and freeways and a really convenient International Airport. What's interesting about being in America's northernmost city right now? Anchorage is. That Saturday, just a couple of days ago, that was the winter Equinox for half of the globe, the entire northern hemisphere. And here, the sunrise time is about 10:15am, and sunset about 3:45pm, that right there is just five and a half hours of daylight. That's it, but it feels like more than that. It feels closer to perhaps seven plus hours of daylight, because at high latitudes, the sun barely drops below the horizon, so therefore you get more Twilight on either end of sunrise in Sunset. Well, this is a real estate show, so I hope that's not too much of an astronomy lesson for you here. But anchorage can never get 24 hours of daylight or darkness, because it simply is not far enough north. In fact, when I fly from, say, the center of the 48 states out here. I travel more west than North. The thing for you to remember is that the only places on the globe that can get 24 hours of daylight and darkness are inside the Arctic and Antarctic circles. They're at 63 and 1/3 degrees of latitude or greater, and Anchorage is just 61 I've been skiing here, but suffice to say, with a lot of darkness, it's been a good place for me to study research and put my effort into this forecast that I'm sharing with you today, which you'll hear after the break.    This week's episode is supported by ridge lending group. It's the same place where I get my investment property mortgages and refinancings, you can go ahead and originate your loans at the same place I get mine, that is Ridgelendinggroup.com.  Also freedom family investments, you can make a loan and get a stable return of 7% 8% or Even 10% yet still have some measure of liquidity. Why park your funds at a bank? You can learn about their private money loans by texting FAMILY to 66866, if you want 8% or more on your money while it's on your mind, just text FAMILY to 66866, and see if it's right for you. I'm your host. Keith Weinhold, more next you're listening to get rich education.    Oh geez, the national average bank account pays less than 1% on your savings, so your bank is getting rich off of you. You've got to earn way more, or else you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk. Your Cash generates up to a 10% return and compounds year in and year out. Instead of earning less than 1% in your bank account, the minimum investment is just 25k you keep getting paid until you decide you want your money back. Their decade plus track record proves they've always paid their investors 100% in full and on time. And you know how I'd know, because I'm an investor in this myself, earn 10% like me and GRE listeners are text FAMILY to 66866, to learn about freedom. Family investments, liquidity fund on your journey to financial freedom through passive income. Text, FAMILY to 66866.   hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they've provided our listeners with more loans than any provider in the entire nation, because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com   Tom Wheelwright  24:08   This is Rich Dad Advisor Tom Wheelwright. Listen to Get Rich Education with Keith Weinhold, and Don't Quit Your Daydream.   Keith Weinhold  24:24   welcome back to GRE. I'm your host. Keith Weinhold, with the factors that are weighing into my home price appreciation determination for next year. Here now all of these factors matter, but I'm generally going to start with less weighty factors and proceed more toward the weighty factors Trump tariffs. Could Trump tariffs increase materials costs, the cost of materials that go into homes? Well, yes, of course, they could. Could it also increase the labor costs that go into those homes, if, say, businesses decide to onshore. Sure in order to avoid paying the tariffs, yes, and you would have to pay a higher wage to Americans. That's obviously inflationary, but applying tariffs is slow, and it takes a long time to trickle through, okay? But here's the thing, even the threat of tariffs can produce inflation, and we already have the threat that's something real. And now see if you're a consumer and you want to buy a new washer, dryer set or a microwave, well, you're more motivated to do that today, not in a year, because this threat of tariffs might mean that that appliances price will spike. You might want to buy your new car now, if you anticipate the terrace could be coming and it's going to affect that well, the apartment building owner feels the same way before she or he buys 48 washer dryers for their apartment building. Home Builders and remodelers they want to get their materials orders in now, in some cases, whether that's for concrete, drywall, lumber, any component that goes into a home where they think that a tariff could jack up the price, you really need to be paying attention to whether you think this is going to happen or not. So Trump likely means more inflation, and that correlates also with sustained higher interest rates of all kinds, including mortgage rates. And there's no certainty there. There is just that correlation. Now, a lot of real estate investors anticipate that a president with a real estate investor background like Trump Has he is going to return 100% bonus depreciation and extend his tax breaks, okay, all of these things, especially that bonus depreciation, can really enhance your tax situation, but that's not part of the home price appreciation forecast for next year. Okay, we're just looking at next year here. How about mortgage rates? How is that going to factor into home prices for next year? Mortgage rates hardly matter. And the newer listener that you are, the more of a surprise that is, rates are about 7% now, a lot of experts think they're going to go to 6% in a year. But who knows? I mean, a year ago, everyone thought rates would be substantially lower today. But here's the thing, it's not just a who knows. It's almost a who cares about what mortgage rates will be when it comes to prices. Because, like I've shared with you before, since 1994 mortgage rates have risen 1% or more seven different times, and home prices went up all seven times.  Long time listeners like you, you already know this, so for the complete backstory on the why, you can listen to earlier episodes, but the short story is that higher rates, you gotta look at what's happening when there are high rates that's a confirmation that the economy is strong, and when the economy is strong and people feel secure in their job, what do they do? They buy a home. So mortgage rates matter, but a person's personal economy matters more when they make a decision to buy a home or not. A sharp fall in rates that correlates with a recession. So higher rates usually lead to higher home prices, something that almost everyone in real estate thinks of oppositely. On weeks with lower rates this year, we did have lower housing inventory, and with higher rates, we had higher inventory. So that did affect that the next factor is more important than tariffs and mortgage rates, and that is Trump and immigration. Okay? Because this affects the supply versus demand component of housing, something supremely important. Well, more immigrants mean more housing demand, pushing up prices and on immigration, who really knows how many of this surge of fresh immigrants are going to be deported? Will it only be the illegals, or will it be others? Or will it be none at all? Or will it be something else, will trump deport everyone? I mean, that is not easy to do, and it's really expensive. Here are Trump's latest public remarks on how he's going to treat recent immigrants to the US. The interviewer is Kristen Welker from NBC, and she's heard shuffling some papers here too. So don't let that throw you off as you listen to Trump.    Speaker 1  29:39   You raised the point that the logistics are complicated. You said yourself, everything's gone. You mean you need 24 times more ICE detention capacity just to deport 1 million people per year, not to mention more agents, more judges, more planes. Is it realistic to deport everyone? First of all, they're costing us a fortune, but we're starting. With the criminals, and we got to do it, and then we're starting with others, and we're going to see how it goes   Keith Weinhold  30:06   well there, before Trump's first day in office for his second term, see he's already saying we'll see how it goes with deporting immigrants. He now realizes how costly that is. If there is mass deportation, housing demand goes down, but we'd also have fewer laborers, which a lot of those immigrants are, to build the new housing that our country needs. So there's somewhat of a canceling out effect there. It could mean higher home prices because it could even mean higher home prices because most fresh immigrants are renters. They aren't occupying homes that they own anyway, and just how many people we're talking about here, the Pew Research Center estimates that 13% of construction workers are undocumented. That disruption to the labor market that can produce higher inflation, because the slowdown in home building means less supply and higher prices. Now let's get to the biggest factor before I provide my track record, and then the big number, and that is more on the housing supply versus demand. So yeah, it's really fundamental economics. That's the core driver of next year's anticipated home price change. All right, let's start with supply. How undersupplied of housing are we still in the US? Well, an update on the Fred active listing count, and this is for single families, condos and townhomes. It's that we are up off the bottom, but we're still a good 40% or so below the equilibrium point where demand meets supply. America grew its available inventory 27% this year, pretty significant, and next year, it might grow another 15 or 20% that's my best guess. All right then, well, let's try to project future supply by what you have to do is look at new housing starts. That means shovels in the ground. That means taking a backhoe and excavating for spread footings, digging that trench that you're going to pour concrete into, starting homes from the ground up. Well, we don't have enough starts either not enough. In fact, we could be digging a deeper hole with the under supply at our current level of building, US housing under supply will grow by over 200,000 homes per year if we continue at this low level of building. And would you consider all housing types, single family homes, apartments, mobile homes, condos, ADUs, everything? Freddie Mac estimates that we are currently under supplied by a whopping 3.7 million housing units. Now, you probably heard figures like that before, but let me put it into perspective. At two persons per home, our shortage is greater than what could house the entire population of Libya. That's what we're talking about here. And some agencies estimate we're even more undersupplied than the 3.7 million homes. Now, of course, I'm making only a national forecast today. There are regional variations in some Texas and Florida sub markets, they have built plenty of new build single family homes now, let me tell you something scary. What if your income dropped by a third, making 1/3 less in the future than you do right now? Like that would be a moment of panic for a lot of people, you and your family, as you hold that thought when it comes to supply, this year had historically low home sales. When I talk about sales, these are not prices. This is different. This is the volume of sales. Next year, there will likely only be a few more sales than this year, and there weren't many this year. Now see for you, as an individual real estate investor and a consumer that goes grocery shopping, you know, you are interested in real estate prices, but the industry, if you work in the industry, like as a builder or as a real estate agent or even a furniture provider, they are more concerned about the number of home sales. This sales volume that I'm talking about, and here's what's going on, normal is about 5 million home sales per year. It was over 6 million during the pandemic, and now we're down at 4 million. So I mean, in a short period of time to go from 6 million down to 4 million, that is a drawdown of transactions by a third. So just imagine if you are a home builder or a real estate agent, or you're in the retail furniture business and your volume is down by a third. I mean, what would happen to you if your income were down by a third? And you're in one of those industries and you don't have a way to pivot, so that is scary stuff for that subset of people. Well, while all of that was happening to sales volume, lower and lower volume. Home prices have just kept ticking up these past few years. All right. Well, that was supply, and there is one last factor to weigh before I reveal the forecast number, and that is demand. There is a long way to go before there is enough housing inventory for the pent up demand in the housing market, pent up demand from these people that can't quite afford a home. Demographics is destiny. You know, it is one of the easiest things to project, because demographics is a known forget immigration here, because I already talked about that just domestically, the US had its own high birth rate years from 1990 to 2010 and most people don't know about this. Many of those years between 1990 and 2010 there were over 4 million births annually, and that peaked in the year 2007 All right, you might be wondering, so what? That's the past? What about the future? Well, in housing prices, that right there is the future, with today's first time homebuyer now being a record 38 years old, like I told you about a few episodes ago. Alright, if you add 38 to the year that they were born, 2007 that home buyer demand won't peak until the year 2045 so that is a big part of where the demand just keeps coming from, and is going to keep coming from this wave of demographic demand that might not slow down much until the 2050s and what could slow prices is if a major recession that included a lot of job losses were eminent, that could slow home price growth. But nobody expects that. you know something, on future demand, What if health and fitness influencer Brian Johnson is right, and Earth now has the first generation not to die. What would that do to real estate prices? Have you ever thought that through that would really expand housing demand, but that wouldn't affect things for a couple decades. All right, well, let's talk track record and understand that it is pretty difficult to predict the future, and I have made all these forecasts at the end of one year, just before the forecast year even starts, just like I'm doing today, and here's how I've done at the end of 2021 for 2022 I forecast 9-10% home price appreciation the year ended, and in 2022 they came in at 10% so I got that one right. For 2023 before that year even began, I forecast 0% just that home prices would stay flat. And by the way, so many people were calling for a housing price decline that year because mortgage rates had risen. But as we know here on the show, when mortgage rates rise, home prices typically do too. And I also said back then was supply so low, I don't really see how home prices could fall. Well, the year ended, and sure enough, they came in at 0% and all of this is published in on record. You can go back and find all this, in fact, for 2024 you can hear the forecast that I made near the end of last year for 2024 and you could do that by going back and listening to Episode 481 this is episode 533 that was 52 weeks ago, and you will hear that my forecast back then for this year's home price appreciation was 4% this year is not quite over, plus housing data lags somewhat, in fact, through October, however, they were 4.1%   we've almost got that November number, not quite, but it's very likely going to end up being 4% this year, just like I had forecast at the end of Last year, but it's still officially to be determined. Before I gave the awaited fresh forecast for next year with what looks to me like really nailing the forecast spot on three years in a row now you might be wondering something, how did I know? How did I have the foresight to know that and nail those. Forecasts. You know, at this point, I have to concede that there's probably a little luck that has come into play, but this is what I do. I study research and even participate in the National residential housing market. What you're getting is my best estimate. It's not any sort of promise or guarantee. I mean, like all other 8.1 billion human beings on earth, I don't have a crystal ball, and a streak like this has gone on for three years, but it cannot go on forever. So this is what I can best surmise. So really, for 2025 The short story is that I expect more buyers than homes, which creates bids and buoyant prices. I also expect continued inflationary pressure. Those are the two chief factors that went into this. We don't ever revise our forecast mid year. This is it. For 2025 I expect home prices to increase by 5%. Yes, there it is 5% projected appreciation for next year. And to be clear, that is the NARS national median existing single family home price, the same stat set that I have cited all four years again, it is nominal, meaning, not inflation adjusted, so at Christmas or New Year's or your next dinner party, when You see your slack jawed brother in law that thinks the housing market is always going to crash, give the dude a hug and a turkey leg and tell him that I expect plus 5% and pass me the wishbone for good luck on our fourth consecutive housing price appreciation forecast, I really hope that this helps with planning your own portfolio moves, whether that's you owning more income property next year or doing a refinancing, or how you think about your own primary residence. And do you like the forecast that I've done here near the end of each year ever since 2021 if you do let us know, write us or leave us voicemail at get rich education.com/contact let me know you can always get a hold of us there year round with any type of feedback or questions.    Hey, if you appreciate this show here, do you think that you could help me out in one small way? Call it my Christmas gift request. There's only one item on my Christmas list, and it should only take a couple minutes of your time and none of your money. Leave a podcast rating and review for the get rich education podcast on Apple podcasts or Spotify, or wherever you listen, the rating is the five star thing. The review is a few short sentences about why you like the show. I would really appreciate the gift from you, and I will read your review myself too. If you don't know how to do it right inside those listener apps, just open up a browser tab and search how to leave an apple podcast review, or Spotify podcast review, or whatever platform you prefer to listen on it would feel like a little Christmas gift to me after all these years, I'd love your feedback given that way. Tell me what you think, and thanks from me and the entire team here at GRE Merry Christmas and Happy Holidays. Until next week, I'm your host. Keith Weinhold, don't quit your day dream.   Speaker 2  43:46   nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively.   Keith Weinhold  44:06   The preceding program was brought to you by your home for wealth building. Get rich education.com    

It's the Fantasy Playoffs (Week 16) version of the Fantasy Life Show. Join fantasy football experts Ian Hartitz and Dwain McFarland as they dive into all of the player performances you need to keep an eye on from Week 15, plus a recap of the Falcons vs Raiders and Vikings vs Bears games on MNF.  Is Amari Cooper too dusty to keep on your bench? Is Davante Adams now a screaming WR1!? And how do you rate the rest of the Bills' offensive weapons now that everyone is healthy (I'm looking at you Dalton Kincaid)?  And deep dives? Don't worry they have you covered there as well. They'll go over big weeks from Jalen Coker and Brenton Strange and may even drop a “Hollywood” bomb in there somewhere as well.  The Guys go over EVERYTHING, and more, in today's show.  What you can expect in this episode of the Fantasy Life Show:

“Hope 'n' Mic Night” (November 10, 2024) Long-running animated sitcoms face a unique challenge in having to account for an episode that aired more than a decade previously, and this recent Bob's Burgers proves that this can be accomplished thoughtfully and deliberately. “Hope 'n' Mic Night” repeatedly references the season one episode “Sheesh! Cab, Bob?” which introduced Marshmallow to the show but also did a few things that cast trans characters in a less than flattering light. Fifteen years later, the show gives Marshmallow 2.0 the spotlight she's deserved for while, and frankly it's heartening to see a show make all the right moves. Watch the homemade Archer/Bob's Burgers crossover that got Simon Chong, the director of this episode, a real Hollywood job. What the video for Paula Abdul's “Opposites Attract.” Read the Deadline interview with Jari Jones, the new voice of Marshmallow.

It's that part of the 2024 Texans football schedule we've ALLLLL had circled this season.. Sheesh

It's the Fantasy Football Playoffs (Week 15) version of the Fantasy Life Show. Join fantasy football experts Ian Hartitz and Dwain McFarland as they dive into all of the player performances you need to keep an eye on from Week 14, plus a recap of Bengals at Cowboys from MNF.  Is it time to write off Jayden Reed? Is Jauan Jennings now a WR1!? Is Chuba Hubbard suddenly the most valuable asset in fantasy football? The guys delve into those topics and more in today's show.  What you can expect in this episode of the Fantasy Life Show:

Same one-score loss. Same 2nd half collapse. Same opponent. Shit.   On this episode of Generation Red: A Husker Podcast, Scott and I discuss the inevitable mess that is every 2nd half versus Iowa since 2018. It's biblical in proportion. It's painful, and yet kind of a dull, numb pain that comes from the same old crap, different game.   They go over the game for a bit, then give their unique opinions about all the pregame drama, and shift their focus to the future. Has the mantra of “Chasing 3” been a negative narrative, along with the Rhule-ism of “This will be a 4 quarter game”? We discuss that, along with Tony White's apparent - maybe - departure to be the DC at Florida State, and the prospect of his taking key position coaches with him, and the effect that would have on recruiting.   Oh yeah. Nebraska starts bowl prep soon, and you have Signing Day right around the corner. Sheesh!   We are partners with Underdog Sports; the easiest place to play fantasy sports. Download the app, sign up with the code "GENRED" to claim your Free Pick + First Time Deposit offer up to $1,000 in bonus cash! You can also click here to get started: https://play.underdogfantasy.com/pc-p4gnmpmX3W   Want to create live streams like this? Check out StreamYard: https://streamyard.com/pal/d/6213058982051840   Want to grab some GenRed Merch? Click here: https://shop.hurrdatmedia.com/collections/generation-red   OTHER LINKS: Web: http://genredpod.com YouTube: https://www.youtube.com/@genredpod/?sub_confirmation=1 Facebook: http://facebook.com/genredpod Twitter: http://twitter.com/genredpod Email: genredpod@gmail.com   MUSIC provided by: http://epidemicsound.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode 107: Chris Hickok- Alien at LawWhat's Good Famiglia?! How we doin out there?! Sheesh, I think I'm still high from National Hashhole Day! This week we have a special guest for you so take out your notebooks because class is in session! My lawyer, Chris Hickok a.k.a. Alien at Law, was nice enough to come down for an interview and give a bunch of legal game to you guys! Chris walked us through his journey on how he became a lawyer and planted himself within the cannabis industry. Chris has worked with some of the biggest names and brands that you know to this day. We covered topics like setting up an LLC vs a C Corp for your cannabis business, to the safety/dangers of using apps on your phone for business, trade marks and copyrights, and much more! Whether you're a licensed company or a street brand looking to get licensed, this is literally free game for you, so don't miss this one and don't skip anything! Chris even agreed to give anyone listening a free consultation if you are curious about using his services! His info will be below in the notes. Y'all know what time it is… Roll em fat, torch your rigs, pack your bongs, bag up some work, water your plants, do what you gotta do because we're about to take this journey with my friend and lawyer, Chris Hickok…. Alien at Law!✌

Former NFL player, Broadway playwright, best-selling author and in-demand public speaker, Bo Eason, joins us to discuss the power of storytelling and achieving greatness. Bo emphasizes the importance of setting high standards, such as aiming to be the best, and seeking out mentors. He shares his upbringing, where his father instilled confidence by telling him he was the best, which influenced his success. Bo highlights the significance of personal, physical, and unapologetic storytelling to build trust and connect with others. Adopt the mindset of striving to be the best, not just settling for mediocrity. Make the Gold Medal the standard, not the end goal.  Develop and share your personal, compelling story to build trust and attract opportunities. Resources: Text "PERSONALSTORY" to 323-310-5504 to receive a free video course from Bo on uncovering your powerful personal story. Show Notes: GetRichEducation.com/529 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript:   Automatically Transcribed With Otter.ai    Keith Weinhold  0:02   Welcome to GRE. I'm your host. Keith Weinhold, how do you become the best in the world at anything that you want to do in your life? Today's remarkable guest will tell you how so you can become the best version of yourself. He's become the best in more than one endeavor, including playing in the NFL. We'll also learn about the persuasive power of story and how you can find your very best personal story that you do have inside of you. It's a show rated PG for personal growth today on get rich education   Speaker 1  0:41   since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki. Get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast, or visit get rich education.com   Corey Coates  1:27   You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. You Keith,   Keith Weinhold  1:43   welcome to GRE from Europe's Iberian peninsula to New Iberia, Louisiana and across 188 nations worldwide. I'm Keith Weinhold. As always, I'm grateful to have you along this week. This is get rich education. Most investing is left brained, but most decision making for your investment, choice is right brain. If you don't know the difference, left brain is about the numbers. It's analytical and logical. So left brain people, they're good at math and critical thinking and language as well. If you're more right brained, then you are more creative and emotional, and you tend to be good at recognizing faces and the attribute of diplomacy that's right brained. And it's a right brained kind of episode. Today you're going to learn how to be a performer and be the best at whatever you want to be. I mean, the best, whether that's as a real estate investor, business person, apartment building syndicator, or a real estate agent that's trying to sell homes, it'll even help you become the best parent, child, best spouse, best at basketball, best at table tennis. And you know, you are part of a really well educated and influential audience that we have here. Maybe you're trying to be the best physician or politician or even social media influencer or the best church minister that you can be. And in fact, as it turns out, people that are trying to raise money end up consulting today's guest quite a bit. And as you'll see, this guest really can tell a story. You'll learn that he has achieved elite success, even best in the world, success in a number of different areas. He's had like, three or four successful people's lives, yet he's the same guy. He's sort of like, in a sense, President Elect Donald Trump. Love him or hate him. Trump found success in real estate and then in media, with his show The Apprentice and then as the 45th and 47th president. Well, those disciplines there for Trump, they're somewhat related. Well, today's guest became the best in areas that aren't even related to each other at all, which is even more amazing. So therefore, maybe today it's really more of an Arnold Schwarzenegger parallel. I mean, Schwarzenegger, he was first the successful bodybuilder, winning Mr. Olympia, then he went on to become a successful actor. He married into the Kennedy family, and he became the California governor. Well, before I introduce you to today's guest, well, we are a wealth building show here, and as we talk about being the best in something, you know, I really want to ask you a question, Are you content with being middle class? You know, despite the way that inflation has ravaged it us, middle class life isn't all that bad. In fact, it's pretty good in a lot of ways, from the iPhone to the luxury of having a gym membership. I mean, that's just middle class stuff. Sheesh. Life is so good that when it's time to reset a password, people treat that as some sort of existential crisis. And you know, this is the time of year that even the middle class indulge in, say, pretty elaborate Christmas decorations. In fact, I increasingly notice that it's more and more common to hire a Christmas decorating contractor to decorate your real estate for you. They'll get ladders and a lift truck to hang lights in your tallest trees. That's something that the middle class does. Here's a new one. There's at least one mainstream, I guess, paper products company that now makes toilet paper with perforations that are wavy instead of being straight across, because it's easier to tear that way. So I think that you could make the case that American middle class life really isn't too bad, but in your life, if you want to be all that you can be, or anywhere close, you're not going to settle for something that's just better than not too bad. You can want more, and you should want more because you're capable of more, if for nothing else create the type of value for the world so that you can have more free time for yourself. I expect to have a terrific time and learn some things here where I am today in New Orleans for the 50th anniversary of the New Orleans Investment Conference, we've got speakers and exhibits covering real estate investing, economics, a lot of gold investing material at this conference Bitcoin and even stocks. And of course, I invited you, the listener here the past couple months, to come to the conference and meet in real life. As this is about to kick off, I wonder if I will find someone to go running with me. I always go running along the Mississippi River. Here in New Orleans, there is a trail paralleling the river right here, close to the event site. Yeah, I think I'm recovered from a mild back injury by now. Gosh, it was so weird. I hurt my back at the gym last month. And here's the thing. Somehow I heard it while doing my warm up exercises, of all things, sheesh. In fact, this is a triumvirate of fitness paradoxes here in doing this. Number one, warm ups are activities that you do before you work out to prevent hurting yourself, but I hurt myself in the warm up. Secondly, I never seem to injure myself while running steep, rocky trails or skiing down slopes outdoors, but indoors where the floor is level, that's the place where I seem to get injured. And then thirdly, the gym is where you go to improve your fitness, not lose fitness. So yes, that is the triumvirate of paradoxes there. Well, our guest, you know, he really knows the power of story, and just listen to him. I bet he'll tell a better story than hurting my back at the gym. Let's meet him.    Today, we have a guy with massive ambitions who I know is going to bring out the best in you during his lifetime, he's chased what it means to be world class, not just in one discipline, but in five different disciplines, and he's achieved a true level of greatness in all of them. He has played in the NFL for four seasons with Houston, then went on to become a San Francisco 49er, next, a super successful Broadway playwright, then an in demand public speaker, most recently, an eight time best selling author, and he has gone on to write screenplays for movie stars, so get ready to hear him talk about the one factor that's been the driving force behind his success in all of these disciplines. Hey, welcome to get rich education. Bo Eason.   Bo Eason  9:13   Keith, thanks for having me.   Keith Weinhold  9:14   Well, it's the first time that we have a former NFL player on the show, and Bo played the same position that my favorite football player of all time did, Ryan Dawkins, that is the safety position. But we're not here to discuss football so much as how you can build the architecture of success like Bo has and Bo your success is astounding, and our listeners hope that some of their virtual proximity to you rubs off on them today, I do too, and it's remarkable because you've reached the pinnacle of success in some of these disciplines that don't even seem to be related to each other at all. So what can you reveal here? Is there one common driver that led to them all?   Bo Eason  9:58   Man, you know what? That's. A great question, going back the way my dad woke us up as kids. So I'm the youngest of six kids, so I grew up on a ranch, on a farm in northern California. My dad was a cattle rancher, and I four older sisters and a brother who's a year older than me, so every morning he woke up all six of us to go do our chores, you know, on this ranch at five in the morning, and he would wake us up by rubbing our backs. He pulled back the covers. He'd rub our backs really hard, like, not easy, not like gentle, like dads of today, like this was a cowboy, you know, with dirty hands and rough hands. And he would rub our back and he would whisper in our ear and tell us that we were the best. And so for the first 18 years of my life, every morning he'd come into me in my brother's room. He'd wake up my brother in the same way he woke me up by rubbing his back and whispering his ear, you're the best. Get up, you're the best. And after you hear that for 18 years, my brother went off to college. I went off to college. My sisters all went off to college. And I always think back to those eight first 18 years, because when I would come home and visit our parents. So my brother got drafted. He was the first round pick of the New England Patriots. He was the quarterback for the New England Patriots took them to their first Super Bowl. So that best term worked out for him. And then I was a second round pick for the Houston Oilers, and got to play with them for several years. And this term, I always thought back to it, like, Why was my dad saying that? Because when we were growing up, when we were playing Little League, and we're playing sports, when we were kids, we actually weren't the best. But he wouldn't say that we were like, I would strike out every time in Little League, I was so bad at baseball, and every time he would yell at me through the chain link fence that I was the best, and my teammates are like, You got to be kidding me, Bo What is your dad even saying You're the worst? And he's telling you you're the best for most of our lives, the first half of our lives, it was a source of embarrassment to me and my brother and I remember going on a date one time, a double date with my brother. In fact, I couldn't even drive my brother could, and we went on a this double date with the thomasini sisters. So we were going, and my dad walks out to the car with us, and we're like, What the heck is my What's dad doing? Why is he coming out to the car with us? He came out there to tell us that we were leaders and that we were the best before a date. And I'm like, Dad, go in the house, right? And then finally, you know me and my brother, we weren't recruited as football players coming out of high school. Not one person, not one college recruited us, but we had these dreams of being pro football players, and at that time, 350 colleges played college football, but no one wrote us a letter. No one recruited us. So my brother went to a junior college, and then he ended up, after that, got a scholarship to the University of Illinois, and then became a first round pick. Well, I went to a school called UC Davis in Northern California, which was division two football and no scholarships. So basically, no one was on scholarship. There. You just walked on and you played football for fun. Well, that's where I went. And then, you know, cut to four years later, my brother's a first round pick. I'm a second round pick, and we always looked back from that point on, deciding, like Dad always embarrassed us, friends in front of our dates, in front of everybody. But then at that point, 21, 22 years old, we looked back, we said, Man, you know what? We just kind of surrendered to, what he saw in us, and we were the best. We were the best at our positions, and the only reason we were is because we had somebody who saw our greatness and pretty much spoke it into existence. Now, when you grow up like that, Keith, you think you assume that every other kid has grown up like that too, right? But that wasn't true, right? We thought it was true. You know, it turns out that the other guys we were playing with, the other guys who are our teammates, they did not grow up like that. So I would say that that principle was huge for me and my brother, just somebody who saw something in us that we couldn't see for ourselves, and he did it up to a point where we began to see it for ourselves. He just was very patient. And, you know, I find myself doing this with my kids. I have three kids, and they're all going to be d1 athletes, two of them are already, wow. Yeah, and it's because that's how I woke him up, too, like so I know that's kind of a simple story, but it really set the foundation for us, and here's how it did, Keith, it told me what was expected of us, even when we weren't the best. He was expecting us to live into what he saw, and we did, and I found my kids to do the same, like I was looking at my kids, and I was like, Man, are they going to be athletes like me and my brother are at that level, because that was their dreams, right? But I didn't know if they had what it took. As I woke them up every morning, I could see them starting to live into their potential or live into their birthright. So I think to start off with Keith, that was a principle that is a mainstay. It taught me not only what was expected of me, but what I could set the standard for other people, and then they would live on into that standard, been able to do that. So those couple of things were huge in my upbringing.   Keith Weinhold  16:02   Well, this is remarkable, and I think you're already giving the parents in our audience quite a few ideas. Bo, this phrase, you're the best kind of got indelibly baked into your being and who you are, your dad even chasing you around on a double date, reinforcing you're the best and you know, Bo, I think that a person can be simultaneously grateful for what they have yet at the same time strive for more, as often say here on the show and adopting an abundance mindset with wealth building. Don't live below your means, grow your means. Now, I was watching an NFL football game just this past weekend, and a commercial came on for the IBEW, the labor union, and Bo it struck me as so odd that a trainee at the IBEW smiled, and they were all gratified that they were part of the IBEW. And they said, this is like now I have my golden ticket to the middle class, which I mean, because being middle class isn't like altogether awful in the United States, but it just sounded like this was the be all and end all, and hey, now I have a guarantee of mediocrity in my life that struck me as so odd. I don't think their father was telling them you're the best like yours did.   Bo Eason  17:21   No, they definitely did not. I'm always shook by that too, where people will sometimes come to me and they go, Bo, I want to push back on being the best. I just want to, you know, be kind of a good player, kind of medium wealth. And I'm like, Well, if you want to push back on me, you should take that up with Mother Nature, because if you just go back to the day that we were conceived, you know, if we want to have a little refresh of course on the day we were conceived, you were going to find out that there was the odds of us even being born were 300 million to one, and we were the champion of that first race that we entered right like 300 million to one odds, you're the champion, and yet here we are, you and me number one. You know, the gold medalists of those odds, and now we're supposed to be born into a world and be mediocre. I don't think Mother Nature set it out like that. I don't think that's how it happened. I think the standard is the gold medal, not the silver medal. You know, it's the gold medal. Now, some people win silver medals. If they lose the gold that's fine, that's great, but the gold medal is the thing. And I think the minute we lower ourselves from that. We're just trying to give ourselves a soft landing, I think, and then we don't ask enough of our potential, which is, if you're following Mother Nature, your potential is 300 million to one odds, and you already won that gold medal. So what are you doing? You know? What are you doing? So, as I progressed, Keith, so I went from football, I played in the lake for five years, and I didn't know what I was going to do, right? So I just started again. I just said, so instead of being the best safety in the world, because that was my first declaration, I just said, I want to be the best safety in the world. That's it. So I was able to achieve that. And then when football was over, I did the same thing for playwriting and performing. I just said, I don't care. I know I don't have any experience in this, but I'm going to declare right now, and I draw it up, that I'm going to be the best stage performer of my time. So that principle has worked every time, but I had to use the term the best. And I don't know why. I guess it was just locked in my brain. But here's the next thing, the next principle that I think is important for the audience. And this goes for wealth building. This goes for whatever you want to build, whether it's your family or, you know, an apartment complex. It doesn't matter we're building stuff. And here's what I did the second. All around I said, I want to be the best stage performer, the best playwright of my time. So I didn't know how to do that. So I moved to New York City because I knew everybody did plays there. They did Broadway, they did off Broadway. And I asked everybody in my class, who's the best at this this was in 1990 who is the best at this stage performance. And every kid in my class, and there were kids I was a little older because I was playing football, I said, Where is the best stage performer of our time? Who is it? And they all said, Al Pacino. And I said, Cool. Where is he? And they said, Well, I don't know where he is. He's on a movie set somewhere, or, you know, rehearsing for a theater show. And I said, I want to know him. I want to meet him, because only the best can tell me how to be the best. Only the best can tell me how to take his mantle of being the best stage performer. Wow, most people don't think that, or say that. You said Brian Dawkins, me too. I'm like, who's the best safety in the world? Let me go talk to that dude, because that dude knows what, like Ronnie. Lott, was that for me? Jack Tatum, Ronnie. Lott, those kind of guys I ended up playing with. Ronnie. Lott, you know you end up playing with these guys. You know the guys you're looking up to? Well, within a week of me asking these kids in my class, where is Al Pacino? I'm having dinner with Al Pacino, in New York City and I go, Dude, what do I do? What do I do? You tell me, I'll do it. And he goes, Okay, Bo, I'll draw it up for you. We'll draw it up. You know what that's going to take, but that's going to take you 15 years, and I go, perfect. That's my kind of timeline. I'm good like that, you know? And he goes, Okay, so he drew it up and I did what he said. He told me who to work with. Basically, he's telling me to put my butt on a stage. More than any other person can put their butt on a stage. So I go, I can control that, that I know how to control, because that's what I did. As far as training to be the best safety. I wasn't the best safety, but as the years went by, guess what? I passed up everybody who was ahead of me. You know, you're the top safety in the league. Well, same thing for being on Broadway, he told me what to do. I did exactly what he told me to do. And 15 years later, I am opening a play in New York City that I wrote that I'm the only guy in and I swear I was so nervous before opening night to run out and look Keith I had played against the biggest and baddest dudes on the planet. You know, I wasn't as scared as going out on a stage to face those dudes. I would rather face refrigerator Perry or Walter Payton than going out on a Broadway stage. And I went out on starting the play, I am having an out of body experience because I'm the only one. I'm talking to the audience. The New York critics are in the house. Everybody's in there. And I make eye contact with a guy right on the row. He's sitting right on the aisle. It's Al Pacino. I had seen him in 15 years. He told me what to do. I did what he said. He's in my play, I wrote, and I'm the only guy, Al Pacino, the best stage performer of all time, is sitting right there on the aisle. That's so cool. And he's nodding his head. He's like, Yeah, I'm doing you did it. And so a you have to have a declaration, and that declaration has to be the best. So the declaration of being the best safety, being the best playwright, being the best stage performer, those things actually come true because you have a declaration which you're living into existence instead of following some to do list, right? I did the same thing for playwriting. I did the same thing with Al Pacino, and that career really set me off because I performed that play 17 years. One play 17 years it immediately gets bought by Castle Rock pictures as a movie. Frank Darabont bought the play as a movie. And I don't know if you know who Frank Darabont is, but he's the guy who wrote and directed the Shawshank Redemption, The Green Mile Saving Private Ryan collateral. He's the guy who his team's TV show he created is The Walking Dead. So this dude was nominated for 12 Academy Awards for writing and directing. He bought my play to produce it for him, and so he hired me, who's never written a screenplay, to write the screenplay for him. This dude has been nominated for 12 Academy Awards for lighting, and he hires me. I go, Dude, don't hire me because I've never written a screenplay. I don't understand it. I don't get it. I'm not a great speller. In fact, I do. Don't even have a computer. And he goes, I don't care about that. I think you can tell the story. Yeah. And I go, okay, so he was hiring me basically based on my guts or my heart, and we did that. So he bought that. I wrote the screenplay for him. Then Leonardi DiCaprio and Toby McGuire come to the play. They come running backstage, they say, Bo, we want you to write a movie for us. And I go, You know what, you guys, I don't write movies. They go, we pay a lot of money for our screenwriters. We think you can do it. And I go, Yeah, based on that money, I think I can do it too. And so the crazy part about this whole thing is it all falls back to this ability to share myself, to tell a story, to tell a story that has physicality to it, that has heart to it, the ability to do that has really given me all these occupations. And then people came to me like business owners from Wall Street. They would come to the play like with their wife, because their wife wanted to go to the theater and they were watching my play. Well, they would come backstage, Keith, and they would say, Hey, man, I want you to bring this to my fortune 500 company. And I'm like, wait, what do you mean? What do you I don't this is a play. I don't take this to Fortune 500 companies. This play, you got to come to the theater. They go, No, we don't want to. I want our sales force. I want our leadership executives to learn to do what you do on stage. I was like, what? I couldn't believe it. Me and my wife, we're like, going, I don't understand what you read. They said it's the funniest thing, because typically, when you're on Broadway, the people who come backstage to see you, they shake your hand, or they get you autograph and they say, Wow, you're a terrific performer. Or what great writing. That's what they usually say, right? Not my play. They come backstage and they don't say, I'm great. This is what they say, Can you teach my people to do what you just did? Yeah, on stage, we're like, of course, because I was taught I could retrace my steps. And I can teach business people, leaders, doesn't matter the business coaches, whatever I can teach them to express themselves in front of other people, which then makes them wealthy, because in the end, I learned Keith that whoever tells the best story wins.   Keith Weinhold  27:33   Yeah, I want to get to the power of story after the break before we do that when one knows that the best that word is out there for them, I think oftentimes they're stricken with fear. Fear is a great obstacle. How do you overcome the fear from listening to you? It seems to me that your mechanism for coping with fear and becoming the best is facing it, getting in there and getting the reps.   Speaker 2  28:00   Yeah, 100% there's a great quote, the world was not created by great men, the world was created by a demanding situation where great men then rose. So we don't know our greatness until we're faced with a demanding situation. So if you're nine, you have no obstacles in your life, you're like, Wow, this is really fun. I'm living on a farm. There's pals, there's horses. What a nice life. And then Bo created his own problem. He created a declaration that said, I want to be the best safety in the world. Well, right then, right when I got creative. Now, Bo's life became a demanding situation where I had to grow strong and I had to eat right, I had to exercise, I had to run faster than anybody else. So I created all these demanding situations for my life. But that's the only way to reveal character. No NFL team is drafting anybody who doesn't have a characteristic that makes you a successful NFL player, and the only way to get those characteristics is to lose is to get your butt kicked, is to face your opposing players that's putting yourself in a demanding situation. So us, you know, as successful guys and successful gals, we kind of get satisfied and so that we forget to keep putting ourselves in demanding situations. That's where the fear comes in. Because once you're in a demanding situation, you get scared. You're like, oh, do I have what it takes to do this? And then you discover by going forward that you actually do. You do have what it takes, and fear is like a made up thing, and you start to realize that you're the creator of your own fear. So look, when I wrote the play in New York, I had never written anything in my life. Like I said, I couldn't spell good. I didn't have a computer, but here's what I did have. I had the ability, because I already did this in my life. I knew how to put myself in a demanding situation and then take a step forward. I knew how to do that based on my football career. I knew it so the principles of being the best safety in the world and being the best playwright in the world are the exact same principles. You have to have the declaration. It has to be at a standard that's way out of your comfort zone that puts you in that demanding situation. Then you have to start running the miles. Then you have to hire an expert coach that sees you clearly, and it is a critical thinker like can see you and go, Bo, stop that. Do that. Stop doing that. And do that just like a nutritionist. Hey, I want to live longer. I want to be there for my daughters when they walk down the aisle. Okay, then you better stop eating this and start eating that. You have to have these experts in your life to fulfill on your birthright of being the best. So now you just break your life down. I just broke my life down like five different times because I enter a new era, like screenplays. How am I going to write a screenplay? I don't know how. I don't understand, but here's what I do. Know how to do. I know how to work. I know how to be the best. Those principles are pretty much the same as safety and playwright. So the guy who buys my play to hire me as a screenplay writer is the greatest screenwriter in Hollywood. So he's the guy paying me, he's the guy coaching me, he's the guy looking over my shoulder going, Bo Don't say that. Say this, say less, do this. Those are just first three principles. We're talking about the best. The standard has to be sky high. Otherwise it's not going to be demanding. It's not going to require enough of your humanity to fulfill on yourself. So it's got to be there. Then you've got to take the time to run the miles to do this thing, and you cut your time in half, or less than a half, by having somebody who is an expert mentor or an expert coach. A guy like Al Pacino, a guy like Frank Darabont who just goes, Bo do this. Don't do that. A guy like Ronnie Lott, both don't do that, do this. And I just do what they say, because, guess what, they're the best in the world at what they do. You guys, those principles, I found I just keep repeating them over and over again. Now a lot of you might be saying, Bo, that's a little much for me, because I don't know Al Pacino or I don't know Ronnie Lott, and I don't know Frank darabonda. You guys, I didn't know him either. I didn't know him either, but I do know this the best in their field, whoever that is, don't say you want to be the wealthiest person on the planet. Well, the wealthiest person on the planet is more available than you think. Guess why? Because everyone thinks they're too busy and they don't ask of their time. You ask of their time. No one's asking of Al Pacino's time. Guess why? Because they don't want what he has. They want to be famous. I wasn't interested in fame. They want to get an agent in Hollywood. I wasn't interested in that. I was interested in what Al Pacino had, which was he was the best stage performer of his time. That they're willing to tell you, because they know if you're asking that question, they want to be involved with you.   Keith Weinhold  33:44   right, because you dared to ask. And they can probably perceive your ambition, and people can sense that, and they love that, and it sure can be scary to say, but fear should be your guide. You should follow your fear. We all know that that's where the growth is. It's like the gap in the game. It's been said that the gap between where we are and where we want to be lies our greatest opportunity for growth. We're talking with former NFL player Bo Eason about being the best. We're going to come back and talk about the power of story. Next. I'm Keith Weinhold. You're listening to get rich education.    Oh, geez, the initial average bank account pays less than 1% on your savings, so your bank is getting rich off of you. You've got to earn way more, or else you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk, your cash generates up to a 10% return and compounds year in and year out. Instead of earning less than 1% in your bank account, the minimum investment is just 25k you keep getting paid until you decide you want your money back. Their decade plus track record proves they've always paid their. Investors 100% in full and on time. And you know how I'd know, because I'm an investor in this myself, earn 10% like me and GRE listeners are. Text FAMILY to 66866, to learn about freedom. Family investments, liquidity fund on your journey to financial freedom through passive income. Text, FAMILY to 66866.    hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties, they help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com   Matt Bowles  36:08   Hey everybody. This is Matt Bowles from Maverick investor group you're listening to get rich education with Keith Weinhold and don't quit your Daydream.   Keith Weinhold  36:27   Welcome back to get rich education. We're on a mindset journey today to help you level up, be a better person and even be the best.Talking with former NFL football player Bo Eason, and Bo, you're such a powerful storyteller, and I think it's a really important time to be a powerful storyteller. Trust in institutions seems to be at an all time low, from the government to the media. This is partly why the rise of influencer culture has become a thing. So tell us about how a powerful personal story can build instant trust and connection in seconds. Even when it seems like trust is at an all time low.   Bo Eason  37:07   it is at an all time low. That's what Gallup does a poll every year on trust. The question they ask is, do you trust your neighbor? And it's at its lowest it's ever been. They started this in 1972 but it's down to single digits. This is your neighbor. This isn't somebody across the street. This is this isn't somebody in the next town or the next state you know, or the next country. This person you share a backyard fence with.   Keith Weinhold  37:34   right? Like you're afraid to ask them to check for packages on your front porch when you're on a vacation or something. Yeah, the trust   Bo Eason  37:41   below. But everybody gets depressed by the statistic. I get excited about it because there is one group of us that can restore trust. It is the storyteller. It's not just the storyteller, you guys, it's the person who can share themselves personal story, not just a story, although stories, you know, work, and they've always worked for 1000s of years, but personal stories move the dial the most. Give you the most Trust, the most credibility. Personal stories like if I say to you a sentence like this, when I was nine years old, I had this dream, so I decided to draw up a 20 year plan to achieve my dream. If I tell you a sentence like that, you and me, even though it's a simple sentence, right? It's personal to me. Well, personal equals universal. Whenever you're telling a personal story, it affects your audience that much more, because your audience locates themselves inside of your story. That is the science of storytelling, and that's why you earn trust by sharing yourself personally. Now most people don't want to do that. They push back, especially business people, especially left brain, analytical type people, they say to me, Bo I'm not going to share myself, because who cares about my story? And I say everybody, you're just telling the wrong story. You have to tell it very personal and very specific to you, and it has to be a pain point. It has to be a low point in your life. That's where you start the story, because if you start at the top, there's no place to go with story. It's like, think of rocky everybody. Sylvester Stallone was a very smart guy. He was an unemployed actor, and he said, I'm going to employ myself for the rest of my life. Guess how he plays the role of Rocky? He writes the role of Rocky. Who does he put in front of him, Apollo Creed, the greatest heavyweight champion in the world, a character named after a god that's called great storytelling. He put Mount Everest in front of him. And if you notice, that's what he's always done every movie he writes. He's given himself a career because he puts himself at the base of Mount Everest every time. Well, that's where I want you to put yourself. What is your story? Where did you get rejected? It's always at a younger age. You know, Michael Jordan's story is the same as Tom Brady's story is the same story that I have, which is, we all were rejected in high school. We all were told we weren't good enough to play a high school sport. So what did we become the best in our fields? That's what always happens. That's always the story of an elite athlete. So I want you guys sharing yourselves with these stories, and these stories are kind of the ones you kind of don't want to tell because they reveal certain things about you that are kind of humiliating. But humility is the best connective tissue that us human beings have. Isn't that weird? Embarrassment is a great connective tissue success. Isn't that connective? Isn't that weird?   Keith Weinhold  40:58   Yeah, I mean, embarrassment is self deprecating. Most people like that, and everyone can relate to failing.   Bo Eason  41:05   Yep, there's three rules I live by when it comes to storytelling. You guys knew. Number one, it's got to be personal. It's got to be personal. The more personal, the richer you are. It's got to be personal. Guys, I've talked you into this, if I haven't already. Number two, you guys, if you're thinking about wealth, I would think about it in those terms right now. Secondly, it's got to be physical. Stories are physical living things, living, breathing, human things. You can't tell a story like a boring people tell stories they Well, when I grew up, I was poor, and then I walked over to the store, they wouldn't let me have a candy bar. It's boring, it's stupid. It is not physical. You have to embody the story with your physicality. You have to become your story, you guys. I know this might sound crazy to you, but the more physical you are in your life. Now, listen to me, the more physical you are in your life, the more money you make. People don't trust what comes out of anybody else's mouth anymore. They don't trust it. They trust your body 100% of the time. I wish you could see my body right now, because it is alive, and you could probably feel it even though I'm you can just hear my voice. You can hear the physicality of the residents of my voice. Now, the more physical you are in your life, the richer you are, and that's across the board. I don't care if you're a ballet dancer, I don't care if your speaker. I don't care what your occupation is. If you are physical and unapologetic about your physicality, then you're going to make a lot of money. But if you're walking around on eggshells, people know it. If you're walking around apologizing for your masculinity or your femininity, and you're like, you know, you're just half stepping everything. You see people like this all the time. What do you do with them? You dismiss them. But when somebody walks in and you turn your head, you know to look. You heard somebody come in behind you, you turn and look, why? Because they have a presence and they're unapologetic. That is a learned trait, or I should say it's relearning human trait. I've been trained by the greatest movement coach in the world, you guys. The only reason I was trained by him 17 years I was trained by him because every time I saw somebody acknowledge when they won the Academy Award an actor, they would acknowledge this guy. And I go, who the hell this guy that everyone keeps acknowledging keeps thanking for their Academy Award for some performance. I want to know what this guy's doing. I want to know what he's doing with these performers. And he told me where I went and met him. He goes, No one has ever won an award for what they said. No one it's what they did physically. That's how you win. And he's the guy who taught me well. So you guys, number one, the story has got to be personal. Number two, the story has got to be physical, unapologetic. It's so attractive when this happens. That's what I train people to do, because that's what I was trained to do. And then when all these CEOs and stuff started coming to the play, that's what they wanted, that now, you guys, they didn't know to ask me that. They just said, Can you teach my people to do what you do on stage? I go, of course, because I was taught the thing they wanted most was they wanted people to trust their sales people or their leadership team. They wanted all their employees, including them, to be physical in the world, because that is powerful. And you're going to watch this. You can watch this in elections. You can watch this in politicians. The reason they hide behind those podiums is their body betrays them. Their body betrays them. If I ever got hired to coach them, which I've always turned them down, I would put them out in the open like an animal so we can see their whole body, because that we can trust but we don't trust somebody standing behind a podium. Very critical.   Keith Weinhold  45:23   Well, there's a lot there. Yes, so much is conveyed through body language. People like decisiveness and commitment. You talk about how to make a story personal. When you had mentioned when you were nine years old, you laid out a 20 year plan for your life. When you said that me as a listener, that just makes me naturally want to lean in and ask a question about that and let you go on, for example. But when you talk about how stories need to be made personal, why don't we wrap up on how does storytelling work in business? Then say that a real estate investor is trying to attract co investors to his apartment building deal. For example, how would you use story there?   Bo Eason  46:07   Oh, yeah, great question. So many of my clients are people that raise money, whether it's for profit or non profit. They are in the business of building a company, and so they're always asking for money. Well, there's a guy used to run a studio in Hollywood, I think it was Warner Brothers, and he did an experiment. He was building a studio. So he needed millions and millions of dollars, so he went to all his rich friends, and he put a contract out in front of them. One contract only had numbers and percentages and columns written on it. Here's how much you'll invest. Tell us how much you'll make after five years all that stuff. The other contract was the same deal, no numbers, no monies, no percentages, only story, a story of belonging, a story of making a difference. He says, 100% choose the story contract, not the numbers, purpose. There's nothing. There's nothing to connect to. Yeah, I work in the finance world a lot. You guys, people, you know, high wealth, they always want to talk about numbers. And I'm like, rich people are all right brain. You know that? So every billionaire, every millionaire in the world, is right brain, not left right their right brain. But the people managing their money or raising their money are left brain. So they want to talk about numbers. And I'm saying, you guys, you can't talk about numbers, because rich people don't know what you're talking about. Rich people want to belong. They want to see themselves inside the business that you're building. So you better have a hell of a story, and that best story wins no matter what, Best Story wins. If you and me are both building a skyscraper in New York City. If I got a better story than you, guess what skyscrapers gonna get built? Mine. That's got nothing to do with money, because money is everywhere. Money's like air. It's more abundant than air and water. There's money everywhere. But what are rich people attracted to story? Why do you think they call it show business? Show, I'm the show, you're the show. You're the storyteller. The Business People bring the money to the show so rich people don't know how to make movies, they don't know how to tell stories, but they want to give you the money so that you can tell yours. Of course, that's how this thing works. That's why show and business always go together. There's a great saying rich men, when they sit down to dinner, they speak of art. When artists sit down to dinner, they speak of money. Artists sit down to dinner, they speak of money. When finance people sit down to dinner, they speak of art. So they're completing one another. You've got to be an artist. You've got to be able to tell your story, because their dreams and their big bank accounts relying on your vision of what you're going to build that makes you an artist, that makes you here go build what you've got to build here. I want to be a part of it.   Keith Weinhold  49:28   Yeah, I've never heard that before that's remarkable in using story to connect with others, something that seems to be bleeding and so badly needed for connectivity today. Well, Bo this has been great, talking about the best, talking about the power of story. You do so many things to help people in their own growth journey and to expand their own mindset. Tell us about your resource for that.   Bo Eason  49:56   You know what? Because the first thing that when I say, look. Got to find your personal story. Most people go, I don't have one. Well, that's just not true. Everybody has a story. I've worked with 1000s of people, and everyone's got a great, dramatic story. They just don't know it. So I'll send you a free story guide. It's a video course. It's going to give you some prompts, and we're going to find your powerful, personal signature story, so you can begin to use it today. So all you got to do is text me. So text PERSONAL STORY, the word PERSONAL STORY, one word personal story. Text that to this number, 323-310-5504. that's text. Personal story. One word, personal story, to 323-310-5504, text me that, and I will automatically send you a story guide. To start to uncover this thing,you'll start to realize, Wow, I do have a cool story that I can begin to tell whether I'm in the Oval Office or whether I'm in front of 1500 people at us in a speech, you can open with your personal story. It works and it attracts people to you. If I was in your guys shoes, you're interested in building wealth. Me too. If I'm building wealth, guess what? I'm beginning with personal story, and then I just get to go right to the top, because people are only interested in other people who have a vision bigger than the people have for themselves. And that's you. That's you. And your personal story, you have a vision that is bigger than the people have for themselves. If you can do that, guess what? People got to buy into that, they got to invest in, that they got to be around that. They got to marry that.   Keith Weinhold  51:47   Oh, you're so right. I really think this is going to help a lot of our listeners. You the listener, you probably have several good stories inside you, and Bo can really help bring them out, who have the benefit of seeing him on video, he's a really powerful speaker. I've had that same benefit of seeing him on video. You've only listened to him so far. Check out his resource if you think you can benefit from it. Bo, he said, It's surely been valuable. Thanks so much for coming on to the show.   Bo Eason  52:15   Keith, thanks for having me.   Keith Weinhold  52:23   Oh, such sharp insights from a motivating guy, Bo Eason, this week. And hey, if you have kids, are you going to wake them up by hard, rubbing their back in the morning and telling them you're the best? Well, it seemed to work for a little review about what you learned. Bo talked about how the standard is the gold medal, not the end goal, but that the gold medal is actually the standard. That's his mindset. So Bo made sure he met Al Pacino. When they got dinner, he found out that Pacino was the best, so he sought out the best and made sure to get around him. And a lot of people are scared to do that or even ask about the best. And, you know, I just can't help but think that that's like my life experience with women. In high school, I was just so shy and deathly afraid to ask anyone out. But in college and beyond, you know, sometimes I would ask out the most attractive woman, and they would usually say no, but, you know, I can't believe some of them actually would say yes. And see, the more that you do this, the more confident you get. And women like confidence, and can feel that coming from you. And then, so therefore your fear dissipates and it becomes easier to overcome. You have a unique fingerprint in this world, and you yourself. You do have an interesting story. I just know that you have it in you, but the chances are you've never even told your highest and best story to one other human being on this earth, not even once, and perhaps I haven't either. Bo said his stories need to be personal, physical and unapologetic, and his video, course, helps you find your personal story. And if you didn't catch that again, you can get it by texting one word PERSONALSTORY to 323-310-5504.    Coming up in future weeks here on the show, it's probably Yeah, more left brain strategic real estate investing content than right brained emotional content like today's show. But one right brain topic coming up on the show that I want to share with you. I want to tell you why, as a society, we hate Amazon founder Jeff Bezos, because he's wealthy. But yet, society does not dislike wealthy singers like Olivia Rodrigo, Taylor Swift and Dua Lipa. We love them even though they're wealthy. We. Don't resent an actor like Robert Downey, Jr for making $600 million as an actor in the Marvel Cinematic Universe. So it's all about why we vilify successful entrepreneurs for their wealth, including landlords, yet somehow we glorify successful actors, athletes and entertainers for being wealthy. It's a case study that I've been working on. I shared some of it with our newsletter readers last week, and I'll have more on that here on the show. Signing off from the Grand New Orleans investment conference, the nation's longest running investing conference. I'm your host. Keith Weinhold, don't quit your Daydream.   Speaker 3  55:43   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively   Keith Weinhold  56:03   The preceding program was brought to you by your home for wealth building get rich education.com.  

Episode 105: Wooksauce WineryWhat's Good Famiglia!? How we livin out there?! Almost time for the turkey! Sheesh…. This year flew by! This week we have a really cool power couple Flynn and Alice of Wooksauce Winery and Girls in Green. Flynn tells us about his come up in Washington and how he got into the hash scene. Growing single source and producing such a quality product, Flynn got his tech dialed in! He later moved to California to continue his career and along the way he met Alice, who actually came from Brazil before they met! Her love for the hash ended her up in Humboldt where where she studied abroad as well. She kicked off her cannabis journey here on the trim scene and then right into hash making. When Alice crossed paths with Flynn, well let's just say it was a Hashy love story. Since they met, they've won multiple awards around the world for their full melt and cold cure rosin. Alice is teaching classes around the world on hash making and consumption safety, truly spreading awareness across the global cannabis scene through her platform Girls in Green! You can still catch Flynn whippin fire batches of top notch hash and there's no end in sight! If you have tried their hash you already know! Yall know what time it is. Roll em fat, torch your rigs, pack your bongs, bag up some work, water your plants, do what you gotta do because we're about to take this journey with Flynn and Alice of Wooksauce Winery!✌

Sheesh! Lost Power Mid Show. 2nd Try! Talking: BOD Pick 'Em Top Headlines Mike Tyson vs Jake Paul Mike Tyson Has The Best Stories (videos o'plenty) CFP Rankings NFL Week 11 (Laminator 5000) and more! SUBSCRIBE ON TWITCH: https://bit.ly/BODTwitch SUBSCRIBE ON YOUTUBE: https://www.youtube.com/barryonsports?sub_confirmation=1 MERCH: https://barryondeck.com/shop ------------------------------------------------------ INSTAGRAM: https://instagram.com/barryondeck TIKTOK: https://tiktok.com/@barryondeck FACEBOOK: https://facebook.com/barryondeck TWITTER: https://twitter.com/barryondeck PATREON: https://patreon.com/barryondeck ------------------------------------------------------ Thanks for watching

Yeah... hijacked airplane. As a 6-year-old. In Israel. Sheesh. As mom's this one shook us to our core. Roni Raab takes us on his wild ride and leaves us with hope for humanity. We also acknowledge the pain and suffering happening in the Middle East and are praying for peace and healing. Roni is host of Florida's Jewish radio show "Shalom South Florida" since 1986. He lives in Florida.

My response to WHY are so Many Black Women Single? I respond to the negative comments in this episode. That video received so many hateful comments.. Sheesh. Can we all just get along? Is dating today ruined by the red pill society? Passport bros? 4B Movement? What can we do about this? Are we doomed? Women need men. Men need women. PERIOD!!! Bridge the gap people. PART One Video: https://youtu.be/tIRik7PbrhY?si=DUAg04Yg4tzMfelg This Video can be found on YouTube: https://youtu.be/C4CatJwGCtY (Live at 9:15pm EST 11/7/24) You can find this and all of our videos on YouTube: http://www.youtube.com/@Vee_Mindful FREE MASTERCLASS: https://www.veemindful.com/Top-5-Ways-Your-Masculinity-Is-Keeping-You-Single EBOOK: HOW TO DATE AS A MASCULINE WOMAN (only $8!) https://www.veemindful.com/How-To-Date-As-A-Masculine-Woman Schedule a Discovery Call with Vee Mindful: https://calendly.com/veemindful/discovery DATING ON DEMAND: https://www.veemindful.com/datingondemand VEE MINDFUL is a Certified Relationship Coach, Published Author, Radio Host, Podcast Host, and Speaker. She is a dating and relationship expert who works with men and women who struggle with dating and finding love. She also coaches women who struggle with honoring their femininity because their masculine world dominates. Vee's tagline is Catch Flights & Feelings because she strongly believes that if you want to get to know someone, then take a trip with them! (Obviously using your own intuition and safe voice). CONNECT WITH ME: https://www.veemindful.com MY BOOKS: My 1st Book about Healing - THEY TRIED. YOU WON. https://a.co/d/hn8xiMP 2ND BOOK - LADIES, LEAVE YOUR D*CK AT HOME https://www.amazon.com/dp/B0C9S5R7Y3 Check out our Self Guided Course! -> https://www.veemindful.com/FeminineCourse

We had the pleasure of interviewing Little Monarch over Zoom video!Plenty of Time gives listeners a look inside Little Monarch, the bedroom-pop disco-funk hybrid brainchild of Casey Kalmenson. Recorded in her home studio in Los Angeles, CA, the collection of 13 tracks strung together in between tours and life on the road range from simple moments to introspective homesick yearnings. Plenty of Time features latest single and opener “We Got That Feeling,” a funky and slick track about capturing those special moments with loved ones that make the rest of the world fade away and turn good times into timeless memories. Atmospheric track “It's Like Music” describes the comforting feeling of listening to the ramblings of someone you adore. The cosmic self-love anthem “Sheesh” and radiant bass-driven single “Follow Your Majesty” both share a similar message of putting yourself first while celebrating your individuality. Elsewhere on the full-length is jaunty track “Bounce” that encourages you to go after what you want while “Same Old” bursts with warbly synths as Kalmenson speaks to being surrounded by the wrong kind of energy you need to be your best self. As Little Monarch, Kalmenson creates a truly unique listening experience, blending various elements into a cohesively contemporary yet retro sonic drive, and Plenty of Time is no exception to that.Recognized for her exceptional musical abilities, she has found viral success with hits including “No Matter What” and “Strike” which have quickly added to her over 41 million global streams and she has garnered praise from the likes of Wonderland, Ones To Watch, The Line of Best Fit, and Atwood Magazine among others. Her music can be heard in a variety of campaigns with brands such as Abercrombie & Fitch and Shiseido Cosmetics along with syncs for shows including Grey's Anatomy, Love Is Blind, and Love At First Lie. She is also an integral member of Gracie Abrams' band and played a pivotal role in the highly acclaimed Taylor Swift The Era's Tour in 2023, showcasing her exceptional talent on a global stage. We want to hear from you! Please email Hello@BringinitBackwards.comwww.BringinitBackwards.com#podcast #interview #bringinbackpod #LittleMonarch #CaseyKalmenson #GracieAbrams #NewMusic #ZoomListen & Subscribe to BiBhttps://www.bringinitbackwards.com/followFollow our podcast on Instagram and Twitter! https://www.facebook.com/groups/bringinbackpodBecome a supporter of this podcast: https://www.spreaker.com/podcast/bringin-it-backwards--4972373/support.

SO MUCH TEA SIS! Happy Friday! First, Kyle has Spiders in Scott's home studio and he's oddly okay with this? In one week bro lost his identity and his home studio! Sheesh. Next up, someone called us from Payson. The entire community reported her on Facebook and now she is BANNED! Then, things get extra spicy when we try to help Rihanna understand the logistics of SUING a NEIGHBOR for putting traffic cones in the street! Thank you Suzuki Law. All of this and MUCH MUCH MORE today on Johnjay and Rich DRAMA DAY

This week's episode is about how to avoid “sales at all costs” companies that don't care about your success. Here's an example of what I mean. On July 7, a guy pulled out in front of me. I couldn't stop in time and T-boned him, leaving me without a vehicle. I decided to buy a Toyota Land Cruiser FJ40, as I'd always wanted a vehicle like that, and it's a good vehicle for summer. I found one in Lake Tahoe, bought it, and made arrangements with a car transport company to drive it to me in Boise. The transport company told me they'd get it to me in one to three days, and it would cost over $600.

TJ's dad takes on the gauntletYou can find every episode of this show on Apple Podcasts, Spotify or YouTube. Prime Members can listen ad-free on Amazon Music. For more, visit barstool.link/barstoolyak