Podcasts about smi

Nach zwei Jahren ist das Enforcement-Verfahren der FINMA gegen Julius Bär abgeschlossen. Laut FINMA habe die Bank gegen aufsichtsrechtliche Bestimmungen sowie gegen Pflichten der Geldwäschereibekämpfung verstossen. Es handelt sich bereits um den fünften Verstoss innert weniger als 10 Jahre. SMI: -0.2%

The Storm Skiing Journal and Podcast wants you to know that there is skiing in New Mexico. Even beyond Taos. Subscribe for constant journeys into such improbable ski realms:WhoJasen Bellomy, General Manager of Pajarito, New MexicoDate RecordedSeptember 28, 2026Also discussedUpgrades across Mountain Capital Partners' portfolio (see chart below), and reader reaction to last week's pods - especially the EuroSki ep with Iain Martin.About PajaritoOwned by: Mountain Capital Partners, since 2014; company also owns:Year founded: 1957 - predecessor ski area, Sawyers Hill, founded nearby by the same ski club in 1944Pass affiliations: Power Pass, Power Pass Select, Power Pass Core - unlimitedBase elevation: 9,000 feetSummit elevation: 10,440 feetVertical drop: 1,440 feetSkiable acres: 280 trail acres + unspecified glade acreage (though Bellomy urges caution in the glades)Average annual snowfall: 125 inchesLift count: 6 (1 fixed quad, 1 triple, 3 doubles, 1 carpet) - view Lift Blog's inventory of Pajarito's lift fleet.Why I interviewed him“Ski New Mexico,” you say? Those three words underwhelm, but the stat sheet suggests that skiers miss out by dismissing New Mexico:Those are respectable vertical drops, and some nice acreage with modernizing lift fleets. Taos gets all the Ikon/Mountain Collective destination attention, and deserves it, after building seven new aerial lifts and otherwise sweeping the place clean over the past dozen years. But just about every New Mexico ski area is investing: Angel Fire props up the state's first sixer for winter 2026-27, just a year after dropping a second quad, Rake's Rider, onto its east side to spread skiers out between blues and blacks:Ski Santa Fe, Ski Apache, and Red River have collectively built or relocated another five lifts in the past decade. Tiny, super-south Cloudcroft seems like a mess, with little online presence and minimal operations (the bump lacks snowmaking). But overall, New Mexico is a bit of a big-mountain secret, with dry desert snow when it comes.The key to this improbable kingdom is base elevations among the highest in America:It's not quite Colorado, but they're high:And it's high enough to get us to nine active New Mexico ski areas in 2026, which is probably nine more than most people think the state has. But even cloud addresses are not enough to keep these survivors around forever. They need snowmaking. Taos' system - a big part of the mountain's modernization under billionaire Louis Bacon, who bought the ski area in 2013 - runs to nearly 11,000 feet. But the smaller areas are building more firepower too. MCP, which operates one-third of those ski areas, stapled together a nice system at Sipapu, the company's first acquisition, in 2000. Now, after years of negotiations, MCP is working with state and Los Alamos County officials on an $18 million snowmaking modernization plan for Pajarito:A five-mile pipe will shuttle water approximately 2,000 vertical feet up from Los Alamos to Pajarito's summit reservoir. But this is not just a snowmaking project: firefighters will be able to tap hydrants along the five-mile route or dip the 10-million gallon reservoir with helicopters. The impact, MCP officials believe, will be substantial, and could mirror the turnaround of the company's Arizona Snowbowl ski area. Prior to running a 15-mile-long snowmaking pipe 3,000 feet up from Flagstaff, Snowbowl's seasons swung wildly, from 162,000 visits in winter 2000-01 to just four operating days the following season. Now, Snowbowl is consistently one of the last ski areas in the nation to close, with a 185-day 2024-25 season that ended on June 1. Repeating that success at Pajarito would, according to officials, give skiers seasons up to 140 days long - more than double the ski area's traditional 60-day winter.So yeah, ski New Mexico, Man. It's weird, I know. Down there in the desert. But there's water if you get creative and work together. (Now we just need to see if MCP can repeat some version of this deal at snow-starved Sandia Peak.)Additional reading* A Ski profile of Pajarito by Nick Heil, 2016* Pajarito's blog tracking the snowmaking projectTranscriptsThere are two transcripts. Both are generated by robots. Both are helpful and defective in their own unique ways. I do not proofread either of them.Transcript 1: Click the “transcript” button at the top of this article. You can only see this transcript on a computer. Because I don't know why exactly but everything is getting better and dumber all at once it seems. Anyway, this is the transcript that the robots create when I upload the podcast to the internet. The cool thing about it is that you can click on any block of text and the audio will teleport there instantly. The uncool thing about this transcript is that it does not indicate who is talking at any given moment.Transcript 2: You can read this below. This is the transcript that Zoom creates as we record the podcast. The cool thing about this transcript is that it indicates who is talking at any given moment. The uncool thing about this transcript is that the timestamps do not match the audio. Also, you cannot click on this text to move to the associated point in the audio. I only included my conversation with Jasen in this transcript - you can read my editorial on MCP or my reaction to reader's comments in the other transcript, but frankly I'd either listen to them or skip those sections.ZoomStuart Winchester: My guest today has been the general manager of Powerito New Mexico since 2023.00:35:14.000 --> 00:35:26.000Stuart Winchester: Bajarito's predecessor ski area, Sawyers Hill, was founded by top American scientists and soldiers working on top secret research, including the Manhattan Project in Los Alamos during World War II.00:35:26.000 --> 00:35:46.000Stuart Winchester: In 1957, the Los Alamos Ski Club moved the facility up to Pareto, where today, 5 chairlifts serve 1,440 vertical feet on 280 skiable trail acres, plus glades. Pareto is one of 13 ski areas operated by Durango, Colorado-based Mountain Capital Partners.00:35:46.000 --> 00:35:52.000Stuart Winchester: and one of three that the company operates in New Mexico, including Sipapu and Sandia Peak.00:35:52.000 --> 00:36:09.000Stuart Winchester: Prior to joining the team at Power Reno, he worked at Saddleback, Maine, Sugarbush, Vermont, Pratchett, New Hampshire, and all the way back at the start of his career as a lifty at Waterville Valley, New Hampshire. He served a tour in the Marine Corps and spent several years working in air traffic management technologies.00:36:09.000 --> 00:36:16.000Stuart Winchester: Jason Bellamy is my guest. Jason, welcome to The Storm. So good to have you. How is life in the mountains of New Mexico today?00:36:16.000 --> 00:36:24.000Jasen: Oh, man, thanks for having me. Super excited. Uh, busy. And wet, currently.00:36:23.000 --> 00:36:38.000Stuart Winchester: Oh, yeah, yeah, it's… I'm out on the East Coast, it's been raining all weekend, so… so I… look, I know you got a ton going on, so let's jump right into it. The headline, if you go to Powerito's website right now, which, by the way, if I'm saying the name of the scary wrong, you.00:36:38.000 --> 00:36:48.000Stuart Winchester: 2700% more water for snowmaking, so lay this out for us, Jason. What did Powerito's snowmaking system look like before, and what are you…00:36:48.000 --> 00:36:50.000Stuart Winchester: Building up.00:36:51.000 --> 00:36:57.000Jasen: So, historically, it was about 2010 that we were able to.00:36:57.000 --> 00:37:04.000Jasen: while it was still operated by the Los Alamos Ski Club, they put in a very bare-bones snowmaking system.00:37:04.000 --> 00:37:10.000Jasen: and captured surface runoff in the springtime to fill a 10 million gallon pond at the top of the mountain.00:37:10.000 --> 00:37:11.000Stuart Winchester: Mmhm.00:37:11.000 --> 00:37:17.000Jasen: The runoff did not yield enough water to fill that pond.00:37:17.000 --> 00:37:18.000Jasen: So for…00:37:18.000 --> 00:37:35.000Jasen: pretty near a decade, there's been this effort to get a pipeline connecting the county to the Ski Hill for both wildfire suppression and firefighting capabilities, as well as solidifying the future for the Ski Hill.00:37:36.000 --> 00:37:43.000Jasen: That pipeline is going to provide us with about, we'll be able to cycle that pond about six times a winter.00:37:43.000 --> 00:37:55.000Jasen: Um, which, with 60 million gallons, we should be able to make about 300 acre-feet of snow. So, theoretically, when we're done with this, we could cover the entire mountain with 12 inches of man-made snow.00:37:56.000 --> 00:38:13.000Stuart Winchester: So talk about, I guess, to start with, just that pipeline. I mean, there's echoes here of Arizona Snowbowl, your sister mountain, which ran a pipeline all the way down to Flagstaff from its mountain. And from the press materials, it looks like this is being run up.00:38:13.000 --> 00:38:20.000Stuart Winchester: from Los Alamos. So how long is that pipeline? Where does it start? And what does the effort look like to put that in?00:38:20.000 --> 00:38:23.000Jasen: Yeah, great question. Um…00:38:23.000 --> 00:38:39.000Jasen: The project started over half a decade ago, the real nuts and bolts of it. It's a really complex project. It involves running that pipeline across DOE land, Llano property, Santa Fe National Forest. We had to get the county, the state, and the federal government.00:38:39.000 --> 00:39:01.000Jasen: behind it, and it's amazing how everyone's come together. So, after about five or six years of negotiating and all the legal work required, we were able to break ground. The pipeline's about five miles long, and as a result of previous wildfires that have sparked up from the overhead power lines, we decided to go ahead and put the power underground as well.00:38:40.000 --> 00:38:41.000Stuart Winchester: Mmhm.00:39:01.000 --> 00:39:03.000Stuart Winchester: Mmhm.00:39:02.000 --> 00:39:03.000Jasen: Um, so…00:39:03.000 --> 00:39:16.000Jasen: The… we're also running fiber infrastructure in the road associated with the project so that we can create backhaul to Albuquerque to solidify our communications for the community as well.00:39:16.000 --> 00:39:20.000Jasen: There's a lot more going on with this project than just water.00:39:20.000 --> 00:39:22.000Jasen: Oh.00:39:22.000 --> 00:39:23.000Jasen: The…00:39:24.000 --> 00:39:36.000Jasen: there'll be 4 booster stations to push the elevation to get it to the mountain, and then it'll tie into a 250,000 gallon tank, which will energize all the fire hydrants along Camp May Road.00:39:36.000 --> 00:39:42.000Jasen: And then from there, we push it to the summit pond out of a pump station.00:39:43.000 --> 00:39:52.000Stuart Winchester: So, so we're looking here at the, at the map of, uh, here's Puerto Rico and then here's Los Alamos. Does the, does the pipeline come from up from the.00:39:52.000 --> 00:39:59.000Jasen: It does. It starts down just on the corner of the DOE property at the bottom of Camp May Road.00:39:59.000 --> 00:40:03.000Jasen: It's a few thousand feet down, um…00:40:04.000 --> 00:40:05.000Jasen: Once you get…00:40:05.000 --> 00:40:07.000Jasen: Yes.00:40:07.000 --> 00:40:10.000Stuart Winchester: Click around, here's Camp May Road, where it meets up with West Road.00:40:07.000 --> 00:40:10.000Jasen: So, on… on…00:40:10.000 --> 00:40:21.000Jasen: Yes, uh, just to the, uh, I guess that would be east on West Road. If you scroll your mouse to the corner there, you can see there's a tank right there.00:40:15.000 --> 00:40:16.000Stuart Winchester: Okay.00:40:18.000 --> 00:40:19.000Stuart Winchester: Mmhm.00:40:20.000 --> 00:40:21.000Stuart Winchester: Okay.00:40:21.000 --> 00:40:29.000Jasen: We built another half million gallon tank there, and then that's where the first booster pump will reside.00:40:28.000 --> 00:40:45.000Stuart Winchester: Okay. Well, that is a major project. I mean, just talk about the effort of that. I, you know, I guess it's a partnership. Did you share in the cost of construction of all this? And what did it take to run a pipeline five miles?00:40:45.000 --> 00:40:50.000Stuart Winchester: And I'm not sure what the elevation is it starts at, but I imagine you have to also push that water up.00:40:50.000 --> 00:41:06.000Jasen: It's close to 2,000 feet of elevation gain, and it is a financial partnership. It's probably one of the first of its kind where we've got federal, state, local, and private dollars to accomplish the mission.00:40:54.000 --> 00:40:55.000Stuart Winchester: Wow.00:41:04.000 --> 00:41:06.000Stuart Winchester: Mmhm.00:41:06.000 --> 00:41:10.000Jasen: It's really just amazing to see the support.00:41:10.000 --> 00:41:17.000Jasen: And everything come together. Los Alamos and Mountain Capital Partner developed a.00:41:17.000 --> 00:41:22.000Jasen: an agreement. So, the state was, uh…00:41:22.000 --> 00:41:29.000Jasen: basically funded with a grant, the project, um, for $8 million, and then FEMA's kicking in.00:41:29.000 --> 00:41:30.000Jasen: Um, so…00:41:30.000 --> 00:41:40.000Jasen: an amount to be determined to bury those power lines. Historically, Los Alamos has been very affected by two, um, huge wildfires.00:41:40.000 --> 00:41:53.000Jasen: With hundreds of millions of dollars in, um, asset loss. So, the water getting up there, and Parito, the way it sits, is kind of like a frontline defense to protect the town and the lab.00:41:53.000 --> 00:41:54.000Jasen: Oh.00:41:54.000 --> 00:41:59.000Jasen: So, it's amazing that everything's come together the way it has.00:41:59.000 --> 00:42:10.000Stuart Winchester: Yeah, I want to linger on that water point for a moment here, Jason. You know, I never really appreciated this until I was talking to some of the guys who run ski areas in Southern California, and I believe this is your pond right here.00:42:10.000 --> 00:42:15.000Stuart Winchester: Uh, which you anticipate being full, and I'm not sure if there's an older picture, if that's what.00:42:11.000 --> 00:42:12.000Jasen: Yes, it is.00:42:16.000 --> 00:42:18.000Stuart Winchester: So so.00:42:16.000 --> 00:42:19.000Jasen: That's pretty current.00:42:18.000 --> 00:42:35.000Stuart Winchester: Okay, yeah, so this is Google Earth. So I was speaking with Robbie Ellingson, who runs Mount Baldy, right above Los Angeles, and Carl Kabasinski, who runs Mountain High, just there, I guess, a little bit east of the city. And the way they explained it to me, I never thought about this, was…00:42:35.000 --> 00:42:41.000Stuart Winchester: When they have these full ponds in the summer, the helicopters can just come and dip the pond.00:42:41.000 --> 00:42:57.000Stuart Winchester: ponds for fire suppression. And so I, I guess that would help answer the question of, you know, we always hear about water shortages in the, in the West, right? So, so how is the ski area building, you know, all this snow making, don't we have better things to use water for? So, so just talk about that relationship.00:42:57.000 --> 00:43:05.000Stuart Winchester: Uh, with… with the, uh, firefighters and… and the firefighting infrastructure this is creating, as well as being useful for snowmaking.00:43:06.000 --> 00:43:18.000Jasen: But yeah, you brought up two interesting points there, sir. First and foremost, yes, they will be able to dip out of the pond. We're also putting in a dry hydrant so that we can hook pump vehicles up to it.00:43:18.000 --> 00:43:20.000Jasen: Um…00:43:18.000 --> 00:43:20.000Stuart Winchester: Mmhm.00:43:20.000 --> 00:43:32.000Jasen: The other thing, I think Mountain High in California, one of the things they did when that fire came through there was they energized their snowmaking system in the summer and just turned on all the snow guns.00:43:32.000 --> 00:43:33.000Stuart Winchester: Mmhm.00:43:32.000 --> 00:43:37.000Jasen: And from what I understand, that that had a beneficial…00:43:37.000 --> 00:43:50.000Jasen: outcome. Um, it could have been a lot worse, apparently. So, there's a bunch of different things, and we've got water now that we can push, you know, multiple locations across the mountain as we build out our pipelines.00:43:50.000 --> 00:44:01.000Jasen: in our snowmaking infrastructure. So we're gonna put water across this 750-acre piece of land that is pretty critical in the defense of Los Alamos.00:44:01.000 --> 00:44:08.000Jasen: And then the other thing you mentioned, which I hear a lot, is how can we waste all this water for skiing?00:44:08.000 --> 00:44:21.000Jasen: But fundamentally, if you consider what mountains are, they're a storage device for water during the wintertime. We take the water from the earth, we pump it up the hill, yeah, we're using energy, but we're conserving the water on the hill.00:44:21.000 --> 00:44:36.000Jasen: as stored water, and in the springtime it melts and goes back into the aquifer. So 80 to 90 percent of the water that we use is going to go directly back into the land. I mean, what we're losing is what we lose to sublimation through evaporation into the atmosphere.00:44:37.000 --> 00:44:54.000Stuart Winchester: Yeah, and in the fires in the past where a couple of Poweritos lifts were damaged, having this on site would theoretically have at least mitigated the damage to some point. So what I have up on the screen here, Jason, as you know, but for the folks watching on stormskiing.com or YouTube.00:44:54.000 --> 00:45:09.000Stuart Winchester: is, uh, your phased snowmaking plan. So just talk us through this. Is this year one, year two, year three, or… or how do you… how do you envision or plan for this to play out in real life? And then, you know, here's…00:45:09.000 --> 00:45:14.000Stuart Winchester: Pario's trail map for reference, but just to see the snowmaking plan.00:45:15.000 --> 00:45:24.000Jasen: This was originally the concept that we were going to roll with. Like any major project, there's speed bumps in the road.00:45:19.000 --> 00:45:20.000Stuart Winchester: Mm-hmm.00:45:23.000 --> 00:45:25.000Stuart Winchester: Mmhm.00:45:24.000 --> 00:45:35.000Jasen: So we've had to pivot a little bit. Um, we're putting a lot more resource into the actual delivery of water in year one, so we had to scale back a little bit of the on-hill distribution.00:45:35.000 --> 00:45:36.000Stuart Winchester: Mmhm.00:45:35.000 --> 00:45:43.000Jasen: For this winter, we're gonna add about 50% in snowmaking coverage, acreage wise.00:45:43.000 --> 00:45:50.000Jasen: Uh, we did not get into the pump stations. We're working on engineering and design of, um, future pump stations.00:45:50.000 --> 00:45:52.000Jasen: Right now…00:45:52.000 --> 00:46:02.000Jasen: We're at about 1,000 GPM, gallons per minute, for production pumping capacity, and next year we plan to increase that by 400%.00:46:02.000 --> 00:46:07.000Jasen: Um, final design build out of 4,000 gallons per minute.00:46:07.000 --> 00:46:09.000Jasen: which…00:46:07.000 --> 00:46:09.000Stuart Winchester: And yeah.00:46:09.000 --> 00:46:11.000Jasen: Oh, I'm sorry, go ahead.00:46:11.000 --> 00:46:29.000Stuart Winchester: So, final of 4,000 gallons per minute. You have some trails in white here that are not phased. Do those already have snowmaking, or do you want to keep some stuff natural? I see your famous kind of front four steepies here. A couple of those are white. So, talk to us about the white trails and what's planned for those.00:46:30.000 --> 00:46:34.000Jasen: So, those will just be… those will be El Natural?00:46:34.000 --> 00:46:41.000Jasen: Classic, you know, old school bump runs and let Mother Nature take care of those.00:46:43.000 --> 00:46:49.000Stuart Winchester: All right, so another interesting thing about Pyroido, Jason, is…00:46:49.000 --> 00:46:57.000Stuart Winchester: It's the only major New Mexico skier area, other than Angel Fire, that does not operate, as far as I understand it, on U.S. Forest Service land.00:46:57.000 --> 00:47:12.000Stuart Winchester: So who does own the land? You referenced a lot of different entities here. I know there's a partnership with the county. Does MCP own the land? Was that given to the county? Take us through the land ownership and the sort of different parties that are involved here and have an interest.00:47:13.000 --> 00:47:17.000Jasen: So, the land historically was…00:47:18.000 --> 00:47:22.000Jasen: Um, owned by the Los Alamos Ski Club.00:47:21.000 --> 00:47:23.000Stuart Winchester: Mmhm.00:47:22.000 --> 00:47:28.000Jasen: Through over the course of time, they did some land exchanges with DOE.00:47:28.000 --> 00:47:32.000Jasen: So back in 14 when the ski club needed support.00:47:32.000 --> 00:47:49.000Jasen: Um, James and Mountain Capital got involved, and originally, MCP was going to assume the liabilities of the ski area and operate the ski area. The bank didn't like that arrangement, so it took about 3 or 4 years to get through the legal work.00:47:49.000 --> 00:47:58.000Jasen: And currently, the majority of the land is owned by MCP. That was a requirement from the bank to transfer the liabilities against the assets.00:47:58.000 --> 00:48:05.000Jasen: And then there's one shoulder over on the west side that was originally part of, um…00:48:05.000 --> 00:48:09.000Jasen: I believe it was the Dunnigan family owned it.00:48:09.000 --> 00:48:17.000Jasen: And they gave it to the ski club, and there was a first right of refusal on any future transfer of the west side.00:48:17.000 --> 00:48:32.000Jasen: So currently, we're still working through the legal details on that. And in the transfer of the land, the ski club said once the pipeline was established and operational, that they would be willing to transfer the remaining land to MCP.00:48:32.000 --> 00:48:39.000Jasen: So that's happening here pretty quickly, and there's still… there's a bunch of legal work to satisfy the first right of refusal.00:48:39.000 --> 00:48:40.000Stuart Winchester: Mmhm.00:48:39.000 --> 00:48:46.000Jasen: Um, but essentially, Parrito, the 750-acre parcel, is completely privately owned.00:48:46.000 --> 00:48:48.000Jasen: Oh.00:48:48.000 --> 00:48:50.000Jasen: Which is pretty rare in the West.00:48:50.000 --> 00:48:57.000Stuart Winchester: Yeah. So you're a little late to snowmaking, but it's… in some ways, I would think…00:48:57.000 --> 00:49:01.000Stuart Winchester: an advantage to install a snowmaking system, kind of…00:49:01.000 --> 00:49:17.000Stuart Winchester: from whole right now, because the technology's gotten so good, right? You can start low energy, you can start with automation, if you want. Talk to us about who you worked with, whether it's SMI or HKD or whoever, uh, to plan out your snowmaking system, and what sort of technology.00:49:17.000 --> 00:49:21.000Stuart Winchester: you're able to deploy to make sure you get the most snow out the most efficiently.00:49:22.000 --> 00:49:27.000Jasen: Yeah, great question. So, the partners that we've most…00:49:28.000 --> 00:49:33.000Jasen: We worked with, uh, Torrent is working with us on some of the pump stations.00:49:33.000 --> 00:49:34.000Stuart Winchester: Mmhm.00:49:33.000 --> 00:49:46.000Jasen: The pipe design layout, electrical. Brandon, I'm sorry, Jeff and the guys from Slope Works have been here supporting the physical installation.00:49:46.000 --> 00:49:55.000Jasen: And because of the history of Puerto Rico, we originally had a — it was a TechnoAlpin system. So we've got some legacy TA gear here.00:49:51.000 --> 00:49:52.000Stuart Winchester: Mmhm.00:49:55.000 --> 00:50:04.000Jasen: And then, we've also started working with SMI on some of their equipment. One of the things that, um…00:50:04.000 --> 00:50:11.000Jasen: we're balancing is… there's so much need in terms of how much infrastructure we have to build and how much equipment we have to purchase.00:50:11.000 --> 00:50:16.000Jasen: So we're kind of balancing the future with today's needs.00:50:16.000 --> 00:50:17.000Stuart Winchester: Mmhm.00:50:16.000 --> 00:50:22.000Jasen: Automation is not inexpensive, so we're doing kind of a semi automation.00:50:23.000 --> 00:50:34.000Jasen: where we can run actuators on the hydrants, but it's not a full-blown system. The original system that was installed back in the early 2010 period, um…00:50:27.000 --> 00:50:28.000Stuart Winchester: Mmhm.00:50:34.000 --> 00:50:41.000Jasen: That system didn't work out very well for Power Reno, so we've pivoted and moved in a different direction.00:50:42.000 --> 00:50:58.000Stuart Winchester: So, you know, you've had snowmaking for a while. I'd imagine you got some guys who are pretty good at it. I saw one of your videos, you brought in a fellow from Pennsylvania. I always say that Pennsylvania is home to some of the best skier operators in the world because they have to be masters.00:50:58.000 --> 00:51:14.000Stuart Winchester: of snowmaking, because if you don't have it, you're just not going to open. I know you're an East Coast guy yourself, so what have you done as far as, okay, you got this great new system, have you brought in some folks who are more experienced with snowmaking to help out? Are you confident you have the experience yourself?00:51:14.000 --> 00:51:18.000Stuart Winchester: What's your plan to make sure you get the most out of the system right away?00:51:19.000 --> 00:51:36.000Jasen: So we got Brandon on board and one of the things that's challenging at every skier across the country is staffing. So for this winter we really need to nail it and we reached out to Seasonal Labor Solutions.00:51:27.000 --> 00:51:29.000Stuart Winchester: Yeah. Okay.00:51:37.000 --> 00:51:42.000Jasen: And they have a team of professional snowmakers that basically do the Never Summer.00:51:42.000 --> 00:51:55.000Jasen: Um, so after the guys get done making snow for the Birds of Prey up in Colorado, a couple of those guys are gonna come down and support us this winter for the season to make sure that we get it right.00:51:51.000 --> 00:51:52.000Stuart Winchester: Oh, wow.00:51:54.000 --> 00:52:01.000Stuart Winchester: Awesome, so they're coming straight to you from Beaver Creek. That's… that's impressive. That's good. And, you know.00:51:58.000 --> 00:52:00.000Jasen: Yeah!00:52:01.000 --> 00:52:09.000Stuart Winchester: Tell us how much it helps to be part of a larger group like Mountain Capital. I'm particularly interested because this Arizona Snow Bowl.00:52:09.000 --> 00:52:24.000Stuart Winchester: story just amazes me, how they… and I realize this was done before MCP arrived, but they ran the pipeline all the way up from Flagstaff, and, you know, Arizona Snowbowl, in the 2001-2 season, was open 4 days, and did 3,000 skier visits.00:52:24.000 --> 00:52:39.000Stuart Winchester: Last year, even in a bad winter, it was open 134 days, 185 the season before that. They keep it open until June a lot of years, and that's a sister mountain of yours. So we're talking about Arizona, you know, high desert.00:52:39.000 --> 00:52:51.000Stuart Winchester: Probably, I would imagine, a pretty similar climate to what you're dealing with. How much have you learned from talking to them, and how valuable is it to have that support sort of in-house, so to speak?00:52:52.000 --> 00:52:55.000Jasen: Oh, yeah, it's critical.00:52:55.000 --> 00:53:10.000Jasen: It's funny that you picked up on that. The storyline behind Power Rito and Snowball, I mean, you couldn't draw a more parallel story. It's the same thing. And realistically, you know.00:53:05.000 --> 00:53:06.000Stuart Winchester: Yeah.00:53:07.000 --> 00:53:08.000Stuart Winchester: Right.00:53:11.000 --> 00:53:18.000Jasen: what they did in Arizona is exactly what we plan on doing in New Mexico. Um, the…00:53:18.000 --> 00:53:27.000Jasen: Part of that is, you know, our philosophy is skiing first, and it's, you know, as soon as we can open, and as long as we have snow, we're gonna run a chairlift.00:53:27.000 --> 00:53:28.000Stuart Winchester: Mmhm.00:53:27.000 --> 00:53:39.000Jasen: And I do believe New Mexico is ripe for the picking. I think Puerto Rico is slated to become the king of spring. There's a lot of great mountains here, but everyone shuts down like the first or second week of April.00:53:39.000 --> 00:53:40.000Stuart Winchester: Mmhm.00:53:39.000 --> 00:53:43.000Jasen: And that's not the vision that we have for Power Reno at all.00:53:43.000 --> 00:53:49.000Jasen: Well, we plan on having margaritas on the deck, Cinco de Mayo, and hopefully a lot.00:53:49.000 --> 00:53:51.000Jasen: Few more weekends after that.00:53:50.000 --> 00:53:55.000Stuart Winchester: So, so Pat Ridley, looking back at historical skier visit data was.00:53:55.000 --> 00:54:10.000Stuart Winchester: One of the least busy ski areas in New Mexico, you know, Cloudcroft obviously barely operates, but uh someone within MCP whispered to me that they think that Parito within a few years could be the busiest ski area in New Mexico with these upgrades.00:54:10.000 --> 00:54:12.000Stuart Winchester: Is that is that the aim?00:54:12.000 --> 00:54:16.000Jasen: That's… that's kind of the goal, yeah.00:54:15.000 --> 00:54:31.000Stuart Winchester: Yeah, so how thorough will the transformation be? Because I saw this in some of your materials. Power Radio averaged 60 days open per season. You want to increase that to 120 to 140. Does that mean… I'm not sure if you go 7 days a week right now, and you have the snow, but…00:54:31.000 --> 00:54:36.000Stuart Winchester: But just talk to us about what that could mean for the skier if you're able to achieve that.00:54:38.000 --> 00:54:45.000Jasen: Well, I mean, there's so much to unpack there. I mean, the economic impact for the community, the labor…00:54:45.000 --> 00:54:46.000Jasen: um…00:54:47.000 --> 00:54:52.000Jasen: Bottom line is, yes, we are going 7 days a week, effective this winter.00:54:52.000 --> 00:54:54.000Jasen: um…00:54:54.000 --> 00:55:05.000Jasen: And the plan is, you know, Thanksgiving, as soon as we can get open. Two years ago, we got a monster storm, and I think we were the only skier in the southwest other than Wolf Creek open.00:55:05.000 --> 00:55:11.000Jasen: And we were busier that day than we were the previous winter. So there's the demand.00:55:08.000 --> 00:55:09.000Stuart Winchester: Mmhm.00:55:11.000 --> 00:55:12.000Stuart Winchester: Yep.00:55:11.000 --> 00:55:12.000Jasen: Oh.00:55:12.000 --> 00:55:22.000Jasen: So, from the very first cold snap, and we've designed and built the new snowmaking system that we put in this year to be able to open it with about 40 hours of snowmaking.00:55:22.000 --> 00:55:23.000Stuart Winchester: Wow.00:55:23.000 --> 00:55:33.000Jasen: So, we're looking to do things quite a bit differently, and be super aggressive. Uh, and the plan is, you know, we'll run 7 days a week into April.00:55:33.000 --> 00:55:44.000Jasen: And then as the demand tails off, and the snow starts to melt, we'll run weekends until we just can't anymore. So, my goal is Thanksgiving to May every year.00:55:42.000 --> 00:55:49.000Stuart Winchester: Okay. Okay. And what's the, what's the sort of alpha trail that opens first, closes last? I don't know, maybe they're different.00:55:49.000 --> 00:55:52.000Jasen: Uh, it would be Pussycat.00:55:51.000 --> 00:55:53.000Stuart Winchester: Yeah. Okay.00:55:52.000 --> 00:55:55.000Jasen: It's kind of shaded, it's in between the two peaks.00:55:53.000 --> 00:55:54.000Stuart Winchester: Yeah, yeah.00:55:55.000 --> 00:56:00.000Stuart Winchester: Okay, is that one of those, uh, double black bumpers off of the mother lift?00:56:01.000 --> 00:56:07.000Jasen: No, it's off of Aspen. It sits in the saddle between Aspen and Mother. Um, it's a blue square.00:56:03.000 --> 00:56:04.000Stuart Winchester: Okay.00:56:04.000 --> 00:56:05.000Stuart Winchester: Okay.00:56:07.000 --> 00:56:08.000Stuart Winchester: Okay.00:56:07.000 --> 00:56:11.000Jasen: But it's a really great fall line trail.00:56:11.000 --> 00:56:26.000Stuart Winchester: So, so let's talk about the Aspen lift. So the Aspen lift was one of those ones that was damaged in the 2011 fire. It is, uh, a 1982 SeaTac triple 1,143-foot vertical rise, 3450 length, so a pretty substantial.00:56:26.000 --> 00:56:36.000Stuart Winchester: lift, and, and I think your most important lift out of your base. So, so you got a lot, you're, uh, spiffing that lift up. Take us through Aspen and what you're doing with it this offseason.00:56:36.000 --> 00:56:43.000Jasen: Yeah, so as you pointed out, um, our historical average is about 60 days. Um, that lift.00:56:43.000 --> 00:56:45.000Jasen: um…00:56:45.000 --> 00:56:54.000Jasen: Because of the limited seasons, we looked at that lift and said, you know, all this snow in the world isn't going to do us any good if we can't get the people to it.00:56:53.000 --> 00:56:55.000Stuart Winchester: Yeah.00:56:55.000 --> 00:57:06.000Jasen: So, we went through… we have major lift projects in the works, but we have to do this piece by piece. The first piece was get the water. Second piece is be able to use the water.00:57:03.000 --> 00:57:05.000Stuart Winchester: Yeah.00:57:06.000 --> 00:57:16.000Jasen: So as a stopgap for the meantime, we went through and rewired the entire lift, all new controls, new drive.00:57:16.000 --> 00:57:19.000Jasen: New hydraulics for the brake systems.00:57:19.000 --> 00:57:23.000Jasen: We just did the return bull wheel bearing this summer.00:57:23.000 --> 00:57:33.000Jasen: Basically, everything short of the steel and the carrier has been updated, and the goal there was really reliability.00:57:28.000 --> 00:57:29.000Stuart Winchester: Mmhm.00:57:32.000 --> 00:57:33.000Stuart Winchester: Mmhm.00:57:33.000 --> 00:57:39.000Jasen: So when you show up to Puerto Rico this winter, you're not gonna see a sexy new lift, but you're gonna have a very reli.00:57:39.000 --> 00:57:40.000Stuart Winchester: Yeah.00:57:40.000 --> 00:57:55.000Stuart Winchester: So, so Aspen Triple's getting an upgrade, and then your rest of your lift fleet, you have 3 doubles. Uh, this Beginner is an 81 Seatech. Uh, Mother is a 76 Riblet double. Uh, Spruce…00:57:55.000 --> 00:58:14.000Stuart Winchester: is a 69 riblet double, and then Townsite is a 94 quad, so I imagine you're pretty happy with Townsite, but what are some of those projects that you're eyeballing? What can you share with us, Jason, about, ultimately, I mean, because once you double the season, the revenue should follow, right? You should be able to make some investments.00:58:14.000 --> 00:58:18.000Stuart Winchester: What would you like the Lyft fleet to look like, ultimately, at Pareto?00:58:19.000 --> 00:58:32.000Jasen: I think currently we're looking at, um, the next… the first focus would be updating Motherlift, um, and I do suspect, based on conversations that we had, that that lift, uh, winds up being a detachable.00:58:33.000 --> 00:58:38.000Jasen: Townsite, I'm really glad you brought that up. That's a 1994 Lyft.00:58:38.000 --> 00:58:39.000Stuart Winchester: Mmhm.00:58:38.000 --> 00:58:43.000Jasen: That exposure got heavy, uh, burn scars during the fires.00:58:43.000 --> 00:58:48.000Jasen: And that lift, as a 94, doesn't even have 4,000 hours on it.00:58:47.000 --> 00:58:49.000Stuart Winchester: Wow.00:58:48.000 --> 00:58:53.000Jasen: So that lift is in pretty, pretty new shape in terms of wear.00:58:54.000 --> 00:59:05.000Jasen: Um, so, the big focus right now, the next piece is, uh, getting the mother lift done, uh, with the new lift, and we've got some other things that we're talking about doing in association with that.00:59:00.000 --> 00:59:01.000Stuart Winchester: Mmhm.00:59:05.000 --> 00:59:15.000Jasen: That peak overlooks the Valle Caldera, which is an absolutely amazing, breathtaking piece of New Mexico landscape. So there's a lot of…00:59:08.000 --> 00:59:09.000Stuart Winchester: Mm-hmm.00:59:13.000 --> 00:59:14.000Stuart Winchester: Yeah. Okay.00:59:15.000 --> 00:59:33.000Jasen: a lot of opportunity with the detach. Um, discussions around Chandler have been thrown around. Um, the idea being is, you know, from the top of that peak, having a, um, potentially a banquet, um, event center at the top of the lift, and being able to use that in the off-season for.00:59:33.000 --> 00:59:38.000Jasen: Dinners and different type of corporate functions and stuff like that.00:59:38.000 --> 00:59:54.000Stuart Winchester: Yeah, everyone I talk to, Jason, just tells me that weddings are going off. They're so busy, they can't keep up. It's just, it's such a natural thing, and now folks are starting to think about it, especially in the East. It's really popping. Any thoughts on spruce? I mean, I love an old riblet double.00:59:54.000 --> 01:00:04.000Stuart Winchester: you know, they look cool, uh, there's a couple hundred of them still spinning, but, you know, probably won't last forever. Any ideas for spruce long-term?01:00:04.000 --> 01:00:13.000Jasen: I think, Spruce, that lift, uh, based on the parking lot, there's a stairwell that goes right up to it. It's a really popular lift.01:00:08.000 --> 01:00:10.000Stuart Winchester: Mm-hmm.01:00:12.000 --> 01:00:13.000Stuart Winchester: Mmhm.01:00:13.000 --> 01:00:27.000Jasen: It's a redundant lift. You can ski off at Aspen and get the whole middle of the mountain, but that lift does have tremendous value. That would probably be the second lift that we look at.01:00:18.000 --> 01:00:20.000Stuart Winchester: Mm-hmm.01:00:27.000 --> 01:00:38.000Jasen: The timing on that, I'm not sure. We haven't really gotten that far in the master planning. Um, but based on that profile, I would imagine that that becomes a fixed-script quad.01:00:32.000 --> 01:00:34.000Stuart Winchester: Mmhm.01:00:38.000 --> 01:00:48.000Stuart Winchester: Okay. And, and do you like where the lifts are? You like the layout? They, they did a good job that your predecessors or, or do you wanna move anything around, like as far as where it loads or lands?01:00:47.000 --> 01:00:58.000Jasen: I think there might be a slight realignment on the mother lift. That lift doesn't truly go to the top of the… there's a few feet of elevation that you can gain.01:00:51.000 --> 01:00:52.000Stuart Winchester: Okay.01:00:58.000 --> 01:01:04.000Jasen: so that the alignment would kind of come down between, um, Mother… Big Mother Trail and Pussycat.01:01:02.000 --> 01:01:04.000Stuart Winchester: Mmhm.01:01:04.000 --> 01:01:05.000Stuart Winchester: Mmhm.01:01:04.000 --> 01:01:11.000Jasen: And land a little bit closer to the base area, in that triangle of trees at the bottom there.01:01:08.000 --> 01:01:09.000Stuart Winchester: Mmhm.01:01:12.000 --> 01:01:14.000Jasen: And the…01:01:12.000 --> 01:01:15.000Stuart Winchester: Yeah, yeah, go ahead.01:01:15.000 --> 01:01:26.000Jasen: But realistically, I mean, the scientists and all the folks that worked on this project back in the day did a really great job of laying out the mountain.01:01:24.000 --> 01:01:25.000Stuart Winchester: Yeah. Okay.01:01:26.000 --> 01:01:29.000Stuart Winchester: Is there, yeah, go ahead.01:01:26.000 --> 01:01:28.000Jasen: And…01:01:28.000 --> 01:01:38.000Jasen: Oh, I just… the other thing I think that's kind of cool to know, I don't think that there's a larger ski area in the country that was built by volunteers.01:01:38.000 --> 01:01:43.000Stuart Winchester: Yeah, no, I don't think so either. There's a lot of, uh…01:01:43.000 --> 01:01:50.000Stuart Winchester: of ones that I'm sure you know from your time in the East that were started with Civilian Conservation Corps, but that wasn't volunteer, those was putting men to.01:01:50.000 --> 01:01:55.000Stuart Winchester: Uh, and I… most volunteer-built ski areas are, like.01:01:55.000 --> 01:02:11.000Stuart Winchester: A rope tow and a couple of trails like this is, this is impressive. I, I cannot believe what they did here is, you know, looking around and I, and I know you explained the land situation. Is there any potential for expansion in any direction or, or is this the footprint that you're working with for the foreseeable future?01:01:57.000 --> 01:01:59.000Jasen: Yeah, yeah.01:02:13.000 --> 01:02:15.000Jasen: There's…01:02:15.000 --> 01:02:26.000Jasen: A couple things. So, Camp May is a campground. The county has approached us about doing a management agreement. With the water line, they're going to be able to put water in.01:02:18.000 --> 01:02:20.000Stuart Winchester: Mmhm.01:02:25.000 --> 01:02:27.000Stuart Winchester: Mmhm.01:02:26.000 --> 01:02:30.000Jasen: It's a primitive campground right now. It's beautiful.01:02:30.000 --> 01:02:33.000Jasen: A lot of people come up here to escape the heat.01:02:32.000 --> 01:02:34.000Stuart Winchester: Yeah. Okay.01:02:33.000 --> 01:02:34.000Jasen: um…01:02:34.000 --> 01:02:43.000Jasen: The way this bowl is laid out, it's amazing. When I first got out here, we had, you know, we were skiing on 60, 70 inches of snowpack, and the mountains…01:02:43.000 --> 01:02:45.000Jasen: That we're looking at.01:02:45.000 --> 01:02:56.000Jasen: are completely bare. It's just the sun angle. Uh, it's… coming from the east, it's just… it's pretty trippy. But, um, I think we're pretty much…01:02:46.000 --> 01:02:48.000Stuart Winchester: Mmhm.01:02:48.000 --> 01:02:50.000Stuart Winchester: Yeah. Yeah.01:02:56.000 --> 01:03:04.000Jasen: the footprint that we're in right now is pretty much, I think, about what it's gonna be, just because of the aspect.01:03:04.000 --> 01:03:08.000Jasen: And, you know, where we can hold snow.01:03:08.000 --> 01:03:23.000Stuart Winchester: Alright, two more quick things for you, Jason, I'll let you go. This one's kind of for your more hardcore. I saw in one of your posts that the Crazy Mother Terrain Park was being, uh, quote, regraded into a regular run. Does that mean you're not going to have a terrain park at Barrio this season?01:03:23.000 --> 01:03:32.000Jasen: No, the exact opposite is true. With snowmaking, it gives us the ability to ensure that we can build quality parks.01:03:25.000 --> 01:03:27.000Stuart Winchester: Okay.01:03:32.000 --> 01:03:48.000Jasen: One of the things that I am really passionate about, I grew up ski racing, so getting consistent seasons so that we can host USSA races, support USASA, we want to have events and we want to grow.01:03:37.000 --> 01:03:39.000Stuart Winchester: Mm-hmm.01:03:45.000 --> 01:03:47.000Stuart Winchester: Mmhm.01:03:48.000 --> 01:03:54.000Jasen: the foundation for our sport to make sure that it survives for the next several generations, so…01:03:54.000 --> 01:04:03.000Jasen: Those pieces, the train parks, the available train for ski racing, and all the ancillary stuff that comes with that, we're 100% behind.01:04:03.000 --> 01:04:17.000Jasen: I've got… I saw a lot of pushback, and I've heard a lot of pushback about the Crazy Mother Train Park getting bulldozed down. The problem was, is that stuff hasn't… hadn't been used in years. Um, they built some really big stuff, and it was too…01:04:13.000 --> 01:04:14.000Stuart Winchester: Really?01:04:17.000 --> 01:04:21.000Jasen: It was too large. We didn't have progression to get to that level.01:04:21.000 --> 01:04:26.000Jasen: When we need something like that, we'll build it again.01:04:25.000 --> 01:04:40.000Stuart Winchester: I've heard the same thing from operators all over the country. Those big ones, they're impressive and people like to look at them, but in reality, they're expensive and not a lot of folks use them or have the skill to use them. So that's a pattern I've seen all over the country.01:04:40.000 --> 01:04:45.000Stuart Winchester: Uh, so the last thing I wanted to touch on here, Jason, I mean, I…01:04:45.000 --> 01:04:52.000Stuart Winchester: I mention this every time I talk about MCP, but I think it's hard to… I can't mention it enough. I mean, the PowerPass…01:04:52.000 --> 01:04:56.000Stuart Winchester: This thing is unbelievable. Kids 12 and under are free.01:04:56.000 --> 01:05:12.000Stuart Winchester: Everyone. No parent purchase required. And right now, the PowerPass Core, which is unlimited at your ski area in Sipapu and Sandia Peak, and has lots of access to the other ski areas in MCP's portfolio, it's $449. I mean, it was $299 if you grabbed it early.01:05:12.000 --> 01:05:21.000Stuart Winchester: But talk a little bit about that power pass, and do you think people in Los Alamos really get it? Like, kids 12 and under are free, do you hit the schools, do you hit that hard?01:05:12.000 --> 01:05:14.000Jasen: Yes.01:05:22.000 --> 01:05:28.000Jasen: We do, um, we… it's amazing how the message just doesn't resonate loud enough.01:05:27.000 --> 01:05:28.000Stuart Winchester: Yeah, okay.01:05:28.000 --> 01:05:35.000Jasen: But when you look at our organization, Skiing First, like, that's real. That's like the Bible.01:05:35.000 --> 01:05:39.000Jasen: And one of the things I think everyone within the organization looks at is.01:05:39.000 --> 01:05:55.000Jasen: How do we strip back the barriers to access? Price is number one. So the 12 and under ski free, I mean, that's just something that the entire organization just firmly believes in. We want to cultivate and grow our sport, and we feel like there's no better way.01:05:55.000 --> 01:05:58.000Jasen: Than to get kids involved at an early age.01:05:58.000 --> 01:06:01.000Jasen: And then the pass pricing for, um…01:06:01.000 --> 01:06:13.000Jasen: Every year that I've been with MCP, springtime comes around and the pass pricing discussion comes up, and it's not even a discussion because, like, they're not increasing pricing, and they're really proud of that.01:06:13.000 --> 01:06:19.000Jasen: Another thing that we're doubling down on this year, which is really cool, is $9 Lyft tickets.01:06:19.000 --> 01:06:22.000Jasen: I mean, 9 bucks, with a $10 resort credit.01:06:23.000 --> 01:06:25.000Stuart Winchester: We're basically free.01:06:25.000 --> 01:06:29.000Jasen: We're paying you a dollar, you know?01:06:27.000 --> 01:06:32.000Stuart Winchester: That… and is that… that's not every day, is it?01:06:32.000 --> 01:06:47.000Jasen: No, that's… it's limited availability, but when we launch, um… I think Purgatory, Snowbowl, and Brian had a launch ticket, so if you hop on the computer right now and you say, I want to go ski on such and such day, you can get a $9 ticket with a $10 resort credit.01:06:34.000 --> 01:06:35.000Stuart Winchester: Okay.01:06:42.000 --> 01:06:43.000Stuart Winchester: Yes.01:06:48.000 --> 01:06:50.000Stuart Winchester: That's incredible.01:06:48.000 --> 01:06:53.000Jasen: It's not gonna last all winter, but… I mean, the deals are out there.01:06:50.000 --> 01:06:51.000Stuart Winchester: Yes.01:06:51.000 --> 01:06:52.000Stuart Winchester: Yeah, yeah.01:06:53.000 --> 01:07:01.000Stuart Winchester: Yeah, and you have, uh, so is it a… when you have a $9 day, is there a limited number of $9, and it goes up to $10 or $11?01:07:01.000 --> 01:07:08.000Jasen: It's incremental. Yeah, it's an extremely dynamic pricing system.01:07:01.000 --> 01:07:03.000Stuart Winchester: et cetera.01:07:03.000 --> 01:07:04.000Stuart Winchester: Okay, okay.01:07:04.000 --> 01:07:06.000Stuart Winchester: All right, well…01:07:07.000 --> 01:07:12.000Stuart Winchester: That's… and have you… have you rolled those out yet at Pareto?01:07:12.000 --> 01:07:15.000Jasen: We plan to launch our tickets in the next couple weeks.01:07:15.000 --> 01:07:18.000Stuart Winchester: Okay, do you know how many days we'll have that $9 price?01:07:20.000 --> 01:07:23.000Stuart Winchester: Is it, like, one or two, or is it, like, dozens.01:07:23.000 --> 01:07:27.000Jasen: No, in October, it'll be, like, 80% of the season.01:07:24.000 --> 01:07:26.000Stuart Winchester: Okay.01:07:26.000 --> 01:07:36.000Stuart Winchester: Oh my gosh, okay. All right, well, set your timer. All right, I'll leave us with this, Jason, because I have a lot of listeners on the East Coast.01:07:28.000 --> 01:07:29.000Jasen: Yeah.01:07:36.000 --> 01:07:53.000Stuart Winchester: And who have never skied Parado. I imagine most people haven't skied Parado because New Mexico is sort of like the forgotten ski land. Uh, but a lot of my listeners have skied the places that you've worked at. So I know you grew up at Hunter Hunter's Madness. I love Hunter. There's nothing else like it.01:07:53.000 --> 01:08:08.000Stuart Winchester: But it's just, it's just New York City sort of transposed onto the ski slope. Uh, Crotchet, more of a college scene, kind of like, you know, they have the high speed quads, a lot of night skiing, you know, a lot of like beer in a lap. Uh, Sugarbush.01:08:08.000 --> 01:08:25.000Stuart Winchester: More of a resort, lots of natural snow, great skiing, you know, gets busy, but people get spread out around the base, and it has, obviously, the two mountains. And Saddleback is just, like, this glorious, you know, highest elevation in the east, up there. Uh, it doesn't get too busy, because it's far from everything.01:08:25.000 --> 01:08:27.000Stuart Winchester: Of those four.01:08:27.000 --> 01:08:33.000Stuart Winchester: that my listeners are probably familiar with a couple. What is Powerito? Which one is Powerito most like, and why?01:08:34.000 --> 01:08:45.000Jasen: Interesting question. Uh, yeah, New Mexico, the land of enchantment. Um, when I moved out here from the East Coast, everyone asked me why I was leaving the ski industry.01:08:44.000 --> 01:08:45.000Stuart Winchester: Yeah.01:08:45.000 --> 01:08:54.000Jasen: The lack of awareness… New Mexico's the best-kept secret. You can fly into Albuquerque, grab a rental car, not hit any traffic, and be a skier in less than 2 hours. It'.01:08:48.000 --> 01:08:49.000Stuart Winchester: There.01:08:52.000 --> 01:08:54.000Stuart Winchester: Love it.01:08:54.000 --> 01:08:57.000Jasen: But Paul Rito, I would say…01:08:58.000 --> 01:09:09.000Jasen: I would say it's very similar in feel to Saddleback. Saddleback is kind of a hidden, quiet gem. It's just far enough you have to pass everything else.01:09:03.000 --> 01:09:04.000Stuart Winchester: Yes.01:09:09.000 --> 01:09:12.000Jasen: On a busy day at Parrito.01:09:12.000 --> 01:09:18.000Jasen: Because we have 300 acres and we only have fixed scripts getting you up the hill.01:09:18.000 --> 01:09:31.000Jasen: the downhill to uphill ratios are a lot different than what most skiers are today. Throughout my life, I've seen detaches go up where there used to be a double, especially at… Hunter's a perfect example, right?01:09:31.000 --> 01:09:38.000Jasen: When I started skiing there, there was a summit double chairlift, and now there's, I think, 3 different detaches that put you at the top of that mountain.01:09:38.000 --> 01:09:46.000Jasen: Um, so we've increased the uphill capacity and not addressed the downhill capacity, and I think it's watered down.01:09:46.000 --> 01:09:57.000Jasen: the experience a little bit. Powder Retail is the way it used to be. You get to the top of the mountain, and you ski down a trail, and even on a powder day, you have the trail to yourself. It's amazing.01:09:57.000 --> 01:10:01.000Jasen: It's it's what I fell in love with as a kid.01:10:01.000 --> 01:10:04.000Jasen: And Paul Rito still has that.01:10:04.000 --> 01:10:13.000Stuart Winchester: That is an awesome vision. And I read here and there that the Glades are pretty good, and that's something else Saddleback has. Talk to us about the Glades at Power Reno.01:10:15.000 --> 01:10:19.000Jasen: Yeah, the… with some of the, um…01:10:19.000 --> 01:10:26.000Jasen: When we get sufficient snowpack, you can go into the trees, but with all the burn scars and stuff.01:10:26.000 --> 01:10:30.000Jasen: You really want to be cautious about the woods. Um…01:10:28.000 --> 01:10:29.000Stuart Winchester: Mmhm.01:10:30.000 --> 01:10:35.000Jasen: I'm actually trying to get the tree message removed from our marketing campaign.01:10:33.000 --> 01:10:36.000Stuart Winchester: Oh, I see. Okay. Okay.01:10:36.000 --> 01:10:48.000Jasen: So, uh, I would really define Palo Rito more as… there's certainly trees to get into, I mean, don't get me wrong, it's not a J Peak, if you will, um, but…01:10:48.000 --> 01:10:54.000Jasen: It's in-your-face fall line skiing, more so than I think most in New Mexico.01:10:50.000 --> 01:10:52.000Stuart Winchester: Yeah, that's true.01:10:53.000 --> 01:10:56.000Stuart Winchester: But you are allowed in the trees when there's snow?01:10:56.000 --> 01:10:58.000Jasen: Oh, yeah.01:10:57.000 --> 01:11:13.000Stuart Winchester: Yeah. And, uh, just one last thing, just because I… this popped into my head. Saddleback was doing some really cool things with, like, portable rope tows in their terrain park, their lower level, uh, by, like, the Sandy Lift when they put in the new one. Were you involved with all that before you came out?01:11:14.000 --> 01:11:16.000Jasen: I, I was.01:11:15.000 --> 01:11:26.000Stuart Winchester: Yeah, and so that's kind of cool. I really like rope tows for terrain parks because they, you know, you can lap, lap, lap without having to ride a lift. Is that something you've thought about for Power Radio at all?01:11:26.000 --> 01:11:33.000Jasen: Yeah, as a matter of fact, uh, if you want to pull up the trail map, I'll show you kind of what I got thinking here.01:11:29.000 --> 01:11:31.000Stuart Winchester: Yeah, yeah, yeah.01:11:31.000 --> 01:11:33.000Stuart Winchester: All right, let's do it.01:11:33.000 --> 01:11:35.000Jasen: So…01:11:35.000 --> 01:11:37.000Stuart Winchester: Here's a trail map.01:11:37.000 --> 01:11:41.000Jasen: Yeah, so the bottom of Lone Spruce…01:11:42.000 --> 01:11:48.000Jasen: Right now, we're having a hard time to really… the beginner lift…01:11:49.000 --> 01:11:53.000Jasen: On a busy day, we don't want to add a lot of traffic on that lift.01:11:52.000 --> 01:11:53.000Stuart Winchester: Yeah.01:11:53.000 --> 01:12:04.000Jasen: Down here below East Road on the bottom of Daisy May and the bottom of Lone Spruce, there's a perfect little triangle in there when we're not running spruce lift.01:12:04.000 --> 01:12:05.000Stuart Winchester: Mm-hmm.01:12:06.000 --> 01:12:16.000Jasen: The thought process is potentially for next year. We're on a surface lift up along the looker's left side of the bottom of Daisy May.01:12:15.000 --> 01:12:16.000Stuart Winchester: Okay.01:12:16.000 --> 01:12:24.000Jasen: So that if that lift isn't running, that parking lot is the easiest access to snow, so you could boot up in your car, ride up.01:12:24.000 --> 01:12:30.000Jasen: We've got snowmaking down in there, and that could be the beginning of our future, um…01:12:30.000 --> 01:12:35.000Jasen: uh… beginner level terrain park, and that lift would…01:12:33.000 --> 01:12:35.000Stuart Winchester: That's awesome.01:12:35.000 --> 01:12:40.000Jasen: would give you the bottom of Lowen Spruce, the bottom of Daisy May.01:12:39.000 --> 01:12:40.000Stuart Winchester: Mmhm.01:12:40.000 --> 01:12:43.000Jasen: And also access from that parking lot back to the lodge.01:12:44.000 --> 01:12:53.000Jasen: So, exactly, think of what, you know, the lodge is below the train park at Saddleback, but essentially kind of the same thing that we did at Saddleback.01:12:49.000 --> 01:12:50.000Stuart Winchester: Yeah, so…01:12:53.000 --> 01:12:55.000Stuart Winchester: That's really cool.01:12:53.000 --> 01:12:56.000Jasen: To access that lower section.01:12:56.000 --> 01:13:00.000Stuart Winchester: And with a portable rope tower, would you put something more permanent in?01:13:00.000 --> 01:13:03.000Jasen: Probably something a little more permanent.01:13:02.000 --> 01:13:04.000Stuart Winchester: Yeah.01:13:04.000 --> 01:13:05.000Jasen: Um…01:13:05.000 --> 01:13:09.000Jasen: Because even when we do replace Sloan's spruce lift.01:13:10.000 --> 01:13:17.000Jasen: You know, do you really want to ride… if you're just looking to nail a couple features, do you really want to ride a 6 or 7 minute chair?01:13:16.000 --> 01:13:17.000Stuart Winchester: Yeah. Okay.01:13:17.000 --> 01:13:21.000Jasen: When you can just loop and cycle that lower area.01:13:23.000 --> 01:13:32.000Stuart Winchester: Yeah, that's awesome, Jason, and I imagine being right above a city, you have a good, you know, young skier demographic for that, so…01:13:32.000 --> 01:13:42.000Stuart Winchester: All right, Jason, listen, I really appreciate all this. This is, uh, it's really exciting, and now I've skied a little in New Mexico, but I gotta get out there, and I'm always telling people these kind of…01:13:42.000 --> 01:13:58.000Stuart Winchester: fringe areas, if you're coming from the East Coast, they see… they're as big as an East Coast ski area, and there's no one there. And they're wonderful skiing, so this sounds, uh… this first time I focused on Power Reno, it sounds kind of like that if you were an East Coast skier coming out.01:13:59.000 --> 01:14:08.000Jasen: Yes, yes. Even on the busiest of days, it's just… it still amazes me how awesome the terrain is. And you know.01:14:08.000 --> 01:14:16.000Jasen: all of the places I've worked, we've talked about some of the different skiers I've worked at, um, in the East. The other thing that I think is important to note.01:14:16.000 --> 01:14:17.000Jasen: Because of…01:14:17.000 --> 01:14:20.000Jasen: Just the quantity of people.01:14:21.000 --> 01:14:28.000Jasen: At 3 or 4 o'clock, the trails get stomped. I mean, you're down to, like, boilerplate, everything's scrapped off.01:14:26.000 --> 01:14:27.000Stuart Winchester: Yeah, okay.01:14:28.000 --> 01:14:29.000Stuart Winchester: Mmhm.01:14:28.000 --> 01:14:46.000Jasen: And, uh, that was the other thing that blew my mind when I got out here. The quality of skiing from 8 AM to 4 PM is pretty consistent. Like, you just don't get that, oh, you know, I'm going to the pub to have a beer because it's already scraped off at 1 o'clock or 2 o'clock, you know. It's just, it's great skiing from first chair to last.01:14:34.000 --> 01:14:35.000Stuart Winchester: Yeah.01:14:36.000 --> 01:14:37.000Stuart Winchester: Awesome. Yeah.01:14:41.000 --> 01:14:42.000Stuart Winchester: Yes.01:14:47.000 --> 01:15:02.000Stuart Winchester: Incredible. All right, Jason. Well, I'm going to come test that theory hopefully this winter. If not, I'll make it out at some point and hope to take a couple turns with you. So thanks so much for all your time, especially I know how busy you are. It's a huge project. I really appreciate it.01:15:02.000 --> 01:15:05.000Jasen: Thanks a lot, Stuart. It was awesome talking to you. Get full access to The Storm Skiing Journal and Podcast at www.stormskiing.com/subscribe

KI: Gigantische Blase oder nachhaltiger Boom? Weltweit und besonders ausserhalb von Europa werden Milliarden in das Geschäftsfeld investiert. KI-Unternehmerin Nicole Büttner sieht jedoch auch in der Schweiz grosses Potenzial für KI-Anwendungen. Nicht zuletzt dank der Universitäten. SMI: ±0.0%

Le taux à 10 ans américain est au plus haut depuis 2007, le Trésor paie son argent au prix de 1993… et le Nasdaq bat des records. Cette semaine, le marché a monté la musique au salon pour ne pas entendre la cave qui se remplit. Au programme de ce Swiss Bliss : l'Iran et ses accords « par étapes » qui durent quatre minutes, Xi Jinping à Washington (bilan : deux pandas), un sondage qui fait paniquer la dette de la première puissance mondiale, et un secrétaire au Trésor qui écope avec une tasse à café. Muse, l'agent IA de Meta, qui mange même ses amis. Le Japon qui passe les 3 % dans l'indifférence générale. Côté suisse : UBS entre Berne et une rumeur de fusion au timing remarquable, Kühne+Nagel viré du SMI le matin et recruté par Amazon l'après-midi, VAT, le vannier saint-gallois qui brille pendant que tout le monde a une fuite, et la BNS qui ne bouge pas. Et pour une fois, c'est la décision la plus intelligente de la planète. Et en bonus : les investisseurs américains ont plus de 1'000 milliards de dollars de dettes nettes pour acheter des actions. Un record. Ce que ça dit, et surtout ce que ça ne dit pas.

Renditen auf US-Staatsanleihen und US-Zinsen steigen. Die Renditen auf 30-jährige US-Staatsanleihen etwa sind mit 5.5 Prozent so hoch wie seit über zwanzig Jahren nicht mehr. Das hat weitreichende Konsequenzen: Die US-Regierung muss für ihre Schulden höhere Zinsen bezahlen, US-Hypothekarzinsen steigen. SMI: +0.3%

Die Schweizerische Nationalbank belässt den Leitzins bei 0.0 Prozent. Martin Schlegel, Präsident der SNB, begründet das mit stabilen Inflationsprognosen. Anders in der Euro-Zone: Hier erhöhte die EZB jüngst den Zins. Somit vergrössert sich der Zinsunterschied zwischen der Schweiz und der Euro-Zone. SMI: -0.1%

Der Facebook Konzern Meta lanciert ein neues KI-Programm: Muse soll als Agent ganze Aufgaben erledigen. Die App stürmt die Downloadcharts und sorgt für einen Kurssprung an der Börse. SRF Digitalredaktor Jürg Tschirren zweifelt jedoch, ob Kunden dem Konzern langfristig sensible Daten anvertrauen. SMI: -0.2%

how2invest kostenlos und ohne Risiko ausprobieren: https://how2invest.ch Kostenloses Erstgespräch https://richtiganlegen.ch/#Kontakt Ein Index ist nicht einfach «der Markt», sondern folgt klar definierten Regeln. In dieser Folge erfährst du, wie Indizes zusammengestellt und gewichtet werden, weshalb Kurs- und Performanceindizes unterschiedliche Ergebnisse zeigen und welche Klumpenrisiken bei SMI, MSCI World und Obligationenindizes entstehen können. Ausserdem zeige ich dir, was Equal-Weight-Indizes anders machen und worauf du bei der Auswahl eines Index-ETF achten solltest.

Ab heute sind Sandoz und Galderma im SMI vertreten – Kühne und Nagel sowie Swisscom räumen das Feld. Somit nimmt der Pharmabereich mit rund 41 Prozent an Gewicht zu. Laut Jörn Spillmann, Anlage-Experte der Zürcher Kantonalbank, bleiben Novartis, Roche und Nestlé weiterhin die grössten Treiber. SMI: +1.2%

Justizminister Beat Jans hat das Nein des Bundesrats zur SVP-Grenzschutzinitiative bekräftigt. Jans warnte, ein Ja zur Initiative könnte die Schweiz Milliarden kosten. Die Initiative mit dem Titel «Asylmissbrauch stoppen» fordert systematische Grenzkontrollen und Verschärfungen des Asylrechts. Alle Themen: (00:00) Intro und Schlagzeilen (01:01) Bundesrat lehnt Grenzschutzinitiative der SVP klar ab (05:25) Nachrichtenübersicht (10:55) Angst vor neuer Mobilmachung in Russland (19:43) Angriffe, Tote und Verletzte: Alltag in der Ukraine (25:16) Gefahr für Israel kommt auch aus dem Innern (30:47) Soziale Medien machen Stromhandel zum Glückspiel (35:32) Wird der SMI zum Pharma-Index?

In Russland hat der Staat zwei Nestlé-Gesellschaften unter Zwangsverwaltung gestellt. Der Konzern prüft weitere Schritte. Laut Jean-Philippe Bertschy, Analyst der Bank Vontobel, ist ein Verkauf der Einheiten die wahrscheinlichste Option. So ging es dort zuvor auch anderen westlichen Unternehmen. SMI: -1.2%

Investing can feel overwhelming. With countless funds, strategies, market forecasts, and opinions competing for attention, it's easy to assume that successful investing requires constant analysis and a complicated portfolio.But it doesn't have to.For decades, Sound Mind Investing has offered an indexing strategy called Just-the-Basics, designed around simplicity, diversification, and minimal maintenance. According to Mark Biller, Executive Editor and Senior Portfolio Manager at Sound Mind Investing, a straightforward indexing approach can also work alongside more active investment strategies.The key may not be choosing between active investing and indexing, but understanding how both can fit in a well-designed portfolio.How Index Investing WorksIndex investing begins with a simple idea: rather than trying to beat the market, investors seek to earn approximately the market's return.They typically accomplish this through low-cost index funds that track a particular market benchmark. Because these funds generally require less active management, their expenses tend to be lower than those of actively managed funds.Over time, those lower costs can be significant. “Indexing is based on the idea that an investor is going to give up trying to beat the market in favor of just earning the market's return,” Biller explains.Sound Mind Investing's Just-the-Basics strategy takes that concept and keeps it intentionally simple. It uses three stock index funds and, when appropriate for the investor's asset allocation, a bond index fund.Once established, the strategy requires relatively little maintenance—typically an annual portfolio rebalance. That simplicity can make indexing especially appealing to investors who don't want to continually monitor markets or make frequent investment decisions.Active Investing or Indexing? Why Not Both?Investors sometimes treat active management and indexing as competing philosophies. Either you try to outperform the market, or you simply track it.SMI takes a different approach. Although the organization may be better known for its active strategies, Just-the-Basics was actually the first investing strategy introduced in the SMI newsletter more than three decades ago.Rather than viewing active investing and indexing as an either-or decision, Biller suggests thinking in terms of both-and.That approach can be particularly useful for investors whose workplace retirement plans offer mostly index funds. For example, an investor might use low-cost index funds inside a 401(k) while employing active strategies elsewhere in the portfolio.Combining the two can create another layer of diversification without requiring every investment account to follow the same approach.Why Use More Than One Stock Index Fund?If simplicity is the goal, why not simply purchase a total stock market index fund?That would certainly be easy. But SMI has historically used three separate stock index funds instead. There are practical reasons for that.When Just-the-Basics was first introduced, total stock market index funds were not yet widely available. More importantly, many workplace retirement plans still do not offer a true total-market option.Most plans, however, offer something similar to an S&P 500 index fund that tracks large U.S. companies. They may also offer a small-company fund and an international fund. Using several index funds makes it possible to build broader diversification even when a total-market fund isn't available.Otherwise, investors who substitute an S&P 500 fund for a total-market fund could end up concentrated primarily in large U.S. companies.That concentration has worked especially well for much of the past 15 years, but recent performance does not necessarily predict future performance.Why Diversification Still MattersThe dominance of large U.S. companies in recent years has raised questions about whether investors still need meaningful exposure to smaller companies and international markets.SMI believes they do, although the organization has adjusted its allocations over time. The challenge is determining how much weight investors should place on recent history compared with longer-term market patterns.Large-company stocks have been exceptionally strong during the past 15 years. But when SMI examined a longer 30-year period, the picture became more complicated.Large companies slightly outperformed smaller and mid-sized companies over the full period. But when those 30 years were divided into two 15-year segments, the leadership changed. The more recent period favored large companies, while the earlier period favored the broader extended market.That serves as an important reminder: market leadership can change.Diversification means accepting that not every part of your portfolio will be the top performer at the same time. The goal is not necessarily to own only what has recently performed best, but to build a portfolio prepared for different market environments.What About International Stocks?International stocks present perhaps the more difficult diversification question.Foreign stocks have significantly lagged U.S. stocks over much of the past few decades. That has caused some investors to wonder whether international exposure is still necessary.Biller points to the concept of mean reversion—the tendency for an asset class that has significantly underperformed over a long period eventually to improve, while an asset class that has experienced exceptional performance may eventually cool.Historically, U.S. and international stocks have alternated leadership over extended periods.SMI has therefore maintained some international exposure while reducing its allocation. The Just-the-Basics strategy previously devoted 20% of its stock allocation to foreign investments; it has since reduced that figure to 10%.The goal isn't to assume that history will repeat itself perfectly. Instead, it's to maintain some diversification while acknowledging the changing structure of global markets. And because the strategy is simple, investors can adjust those percentages based on their own situation and investment philosophy.Indexing Can Help Investors Emotionally, TooDiversification isn't only about mathematics. It can also influence investor behavior.Active investing inevitably produces periods when a strategy trails the broader market. During those times, investors may become frustrated and begin questioning their approach.Biller describes a common temptation: when an active strategy underperforms, investors may think, “I should have just bought the index.”Holding some indexed investments can reduce that all-or-nothing feeling. Part of the portfolio simply tracks the broader market while another portion follows an active strategy. That can make it psychologically easier to remain disciplined when one approach temporarily falls behind another.And investor behavior matters. Even a sound strategy can fail to produce its intended results if an investor repeatedly abandons it based on short-term performance.What Could a Simple Index Portfolio Look Like?For investors interested in a basic indexing approach, the structure does not have to be complicated. The Just-the-Basics stock allocation is approximately:60% large U.S. companies30% smaller U.S. companies10% international companiesDepending on an investor's age, goals, risk tolerance, and overall financial situation, investors can also incorporate bonds into the portfolio. The exact percentages are less important than the underlying principle: build a diversified allocation you understand and can maintain consistently.For many investors, similar funds may already be available inside their workplace retirement plan.Simple Can Still Be WiseInvesting does not need to become a full-time job.Active strategies may make sense in some situations. Other times, simply owning diversified, low-cost index funds is entirely appropriate. For many investors, the right answer may include elements of both.What matters is having a thoughtful plan rather than constantly reacting to whatever has recently performed best.As stewards of what God has entrusted to us, our goal isn't to make investing unnecessarily complicated. It's to make wise, informed decisions with patience, discipline, and an appropriate understanding of risk.A simple, diversified investment strategy that you understand—and are prepared to stick with—can go a long way toward accomplishing that goal. To learn more about Sound Mind Investing's Just-the-Basics strategy and other approaches to investing, visit SoundMindInvesting.org.On Today's Program, Rob Answers Listener Questions:I'm 66, retired, and receiving Social Security, but I recently went back to work part time. My husband and I are debt-free but have only about $30,000 left in savings after cashing out our 401(k)s. Should I put most of my new income into my employer's 401(k), or would another investment strategy make more sense?Resources Mentioned:Become a FaithFi PartnerSound Mind InvestingSMI Indexing: Checking Up On Just-the-Basics (Article by Mark Biller on SoundMindInvesting.org)Home Equity and Reverse Mortgages: The Cinderella of the Baby Boomer Retirement by Harlan AccolaFaithful Steward: FaithFi's Quarterly MagazineFaithFi Field Guide: How Much Money is Enough? Our Ultimate Treasure: A 21-Day Journey to Faithful Stewardship by Rob WestWisdom Over Wealth: 12 Lessons from Ecclesiastes on MoneyLook At The Sparrows: A 21-Day Devotional on Financial Fear and AnxietyRich Toward God: A Study on the Parable of the Rich FoolFind a Certified Kingdom Advisor® (CKA)FaithFi App Remember, you can call in to ask your questions every weekday at (800) 525-7000. Faith & Finance is also available on Moody Radio Network and American Family Radio. You can also visit FaithFi.com to connect with our online community and partner with us as we help more people live as faithful stewards of God's resources. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Die Fusion von Helvetia und Baloise kommt gut voran: Synergien können schneller realisiert werden als geplant. Laut Matteo Lindauer, Analyst bei der Bank Vontobel, werden die grossen Hagelschäden im August erst das zweite Halbjahr belasten. Die Jahresprognose bleibt trotzdem unverändert. SMI: +0.6%

Eine neue Umfrage zeigt: Die Bevölkerung will, dass Pensionskassen am meisten Geld in Immobilien investieren. Festverzinsliche Anlagen sind weniger beliebt. Werner Rutsch, Anlageexperte bei BNP Paribas Asset Management, betont die Bedeutung von alternativen Anlagen wie Infrastruktur-Investitionen. SMI: +0.4%

Die Aktienkurse schwanken, was Anlegerinnen und Anleger verunsichert und Emotionen weckt. Genau dann tappen viele in gängige Anlegerfallen. Fabienne Hockenjos, Anlagechefin bei Rahn+Bodmer, rät Anlegerinnen und Anlegern, sich auf Gewinnaussichten statt auf vergangene Fixpunkte zu fokussieren. SMI: -0.5%

Nachdem führende KI-Firmen vor unkontrollierbaren Risiken der Technologie warnen, sinken die Aktien von Unternehmen mit Bezug zu KI. Dass Open AI sogar den Börsengang verschiebt, könnte laut SRF-Börsenkorrespondent Jens Korte auch an der aktuell schlechten Stimmung gegenüber KI liegen. SMI: +0.7%

Das schürt Inflationsängste: Der Ölpreis ist nach der jüngsten Eskalation in Nahost auf über 100 Dollar gestiegen. Die Europäische Zentralbank hat die Zinsen erhöht, von der US-Notenbank erwarte er dies auch, sagt Anlage-Spezialist Erik Schafhauser. In der Schweiz sieht er keinen Handlungsbedarf. SMI: +0.3%

Die EZB erhöht den Leitzins um einen Viertel-Prozent-Punkt auf 2.5 Prozent. Hauptgrund ist die hohe Inflation in der Eurozone, aufgrund des Iran-Kriegs. Auch für den Anleihenmarkt hat das Konsequenzen, hier sind europäische Staatsanleihen schon seit Anfang Jahr unter Druck. SMI: -0.5%

Send a Text to the Moms - please include your contact info if you want a response. thanks!Available Monday Through Friday, 10:00 AM – 10:00 PM ETYou Are Not Alone. We are here to help.The NAMI Family Caregiver HelpLine is a free, confidential service providing caregiver-led support, tools and strategies, trusted guidance, and connection at every stage of the caregiving journey.Guest: Megan Rochford, an SMI mom, and executive director of the national NAMI HelpLine.  As a caregiver for a loved one with serious mental illness, Megan believes in the power of lived experience to build a more compassionate, supportive world for families like hers.Call:1-800-950-NAMI (6264) Text:Text NAMI to 62640 Email: helpline@nami.orgLINKS:www.nami.org/nami-helpline/family-caregiver-helpline/  Link to the NAMI Family Caregiver HelpLine webpagehelplinefaqs.nami.org/category/525-family-members-and-caregivers Link to the NAMI HelpLine Knowledge Center, our digital library of short, lived-experience articles with practical tips and tools for navigating recovery — available in English and Spanish.https://nami.applicantpro.com/jobs/2561057 Apply to volunteer with the NAMI Family Caregiver HelpLine. For anyone interested in volunteering with NAMI HelpLine. We are always looking for find new volunteers who want to use their lived experience supporting a loved one in navigating mental health challenges to support and empower others reaching out for help.www.nami.org/nami-helpline/family-caregiver-helpline/family-caregiver-helpline-campaign-toolkit/   Family Caregiver HelpLine social media toolkit. Mental health impacts everyone and being a caregiver for a loved one with mental illness isn't easy. If you know a caregiver who could use some support, you can help NAMI reach them. Whether you're a trusted community voice, or simply someone who believes in this work, NAMI has created ready-to-use messaging, graphics, and printable resources to make sharing easy — adjust the language to fit your community and your voice. Thanks for liking and sharing the podcast! Mindy and her book: https://mindygreiling.com/Randye and her book: https://randyekaye.com/Miriam and her book: https://www.miriam-feldman.com/Support the showPlease share and support the podcast so we can reach more people who need the info and support.Want to know more?Join our facebook page  Our websites:Randye KayeMindy Greiling Miriam (Mimi) Feldman

Chinas Auto-Export boomt – die Nachfrage im Inland schrumpft jedoch. Nun warnt die chinesische Regierung Hersteller davor, ihre Autos im Ausland zu günstig zu verkaufen. Laut Automobil-Experte Philipp Raasch soll das einen Preiskampf mit Gegenreaktionen wie Strafzöllen verhindern. SMI: -1.8%

Burkhalter wächst und steigert den Gewinn im ersten Halbjahr um 8 Prozent. Der Hauptgrund: Das Sanierungs- und Renovationsgeschäft laufe gut. Laut Geschäftsführer Zeno Böhm stellt die Suche nach genügend Mitarbeitenden aber eine Herausforderung dar. Das Unternehmen wächst deshalb durch Übernahmen. SMI: -0.8%

Volkswagen streicht 50'000 Stellen. Der Autokonzern leidet unter der schwachen Nachfrage in China und hinkt technologisch der chinesischen Konkurrenz hinterher. Doch auch diese kämpft laut Aktienspezialist Peter Ahluwalia von Leovest mit der Wettbewerbsfähigkeit im Heimmarkt. SMI: +/-0.0%

Nach der gescheiterten Waffenruhe in Nahost steigt weltweit die Inflation. In der Schweiz überraschend stark auf 0.8 Prozent. Darauf dürften viele Zentralbanken bereits im September mit Zinserhöhungen reagieren. Deren Lage sei allerdings kompliziert, so Claude Maurer, Chefökonom bei BAK Economics. SMI: +0.2%

Novartis entwickelt erfolgreich eine Tablette zur Behandlung von Multiple Sklerose. Fast zeitglich sterben drei Menschen bei einer anderen Studie. Warum der Aktienkurs von Novartis trotzdem um 6 Prozent steigt, begründet Stefan Schneider, Pharma-Analyst bei Vontobel. SMI: +0.2%

Swiss Life erzielt im ersten Halbjahr 650 Millionen Franken Gewinn, eine Steigerung von 8 Prozent zum Vorjahr. Trotzdem streicht der Versicherer 600 der 11'000 Stellen – davon 300 in der Schweiz. Der Konzernchef Matthias Aellig begründet die Entscheidung mit der langfristigen Unternehmensstrategie. SMI: +0.3%

Beim jährlichen Notenbank-Treffen in Jackson Hole, Wyoming, betonte Fed-Chef Kevin Warsh die Wichtigkeit von Preisstabilität. Die Finanzmärkte taxieren eine Zinserhöhung im September seither für wahrscheinlicher. Auch SRF-Börsenkorrespondent Jens Korte hält dies bei soliden Daten für möglich. SMI: -0.8%

Viele Unternehmen blicken auf ein aussergewöhnlich starkes erstes Halbjahr zurück: Weltweit sind die Gewinne stärker gestiegen als im langjährigen Durchschnitt. Raiffeisen-Anlagechef Matthias Geissbühler erwartet jedoch, dass das Gewinnwachstum abschwächt, insbesondere beim Energie- und Tech-Sektor. SMI +0.1%

Nvidia toppt die Erwartungen: In den Quartalszahlen verdoppelt der Chip-Hersteller den Umsatz auf 96.2 Mrd. Dollar. SRF-Börsenkorrespondent Jens Korte sieht zwei Unsicherheiten. Die höheren Preise der Speicher-Chips, welche Nvidia zukauft und mögliche Konkurrenz durch neue Halbleiter-Hersteller. SMI: -1.1%

Die «Stadler Rail»-Aktie rast nach einem umsatzstarken Halbjahr über 22 Prozent nach oben. Lieferengpässe haben den Zughersteller zuvor lange ausgebremst. Laut Konzernchef Markus Bernsteiner seien neue Zulieferer gefunden, die Verzögerungen aufgeholt und die Werke wieder ausgelastet. SMI +0.1%

Seit Beginn des Irankrieges steigt der Ölpreis. Davon profitieren Öl-Firmen: Der S&P Global Oil Index ist innerhalb eines Jahres um 39 Prozent gestiegen. Konzerne, wie Exxon und Shell verzeichnen Rekordgewinne. Als Folge fordern politische Stimmen eine Steuer auf Übergewinne. SMI: +0.5%

Nach gescheiterten Versuchen in London und den USA will Shein am 1. September in Hongkong an die Börse gehen. Doch Wachstum und Gewinn des chinesischen Online-Händlers schrumpfen. Entsprechend fiel auch die Bewertung in den letzten vier Jahren um 70 Prozent auf 27 Milliarden Dollar. SMI: -0.1% Neuer Upload

Send a Text to the Moms - please include your contact info if you want a response. thanks!Technology is changing the way we think about mental health care—but what does that mean for families living with schizophrenia and other serious mental illnesses? Can technology actually make life easier for the people in the trenches—and how can families separate the genuinely useful tools from the hype?Nicole Gillen knows what it means to be a mom navigating the complicated world of serious mental illness. In her new book, Connected Care, she explores how technology—from apps and telehealth to AI and other digital tools—can become part of the care journey. But with so many new tools appearing every day, how do we know what is actually helpful, what is safe, and what might simply add to the overwhelm? Today, Nicole joins us to talk about the possibilities of connected care—and what families need to know before they click, download, or sign up.Nicole Drapeau Gillen is a mother, advocate, and author who translates the fast-moving landscape of technology in serious mental illness care into guidance families and clinicians can use. When she found herself thrust into caregiving for a loved one with serious mental illness, with no direction on how to help, she turned that into a mission, writing two books and building an ongoing effort to bring families and clinicians into the conversation.Her first book, Schizophrenia and Related Disorders: A Handbook for Caregivers, is a reference for every stage of caregiving, endorsed by Dr. E. Fuller Torrey as a must-read for SMI caregivers. Her second, Connected Care: A Practical Guide to Technology for Serious Mental Illness, maps apps, AI tools, telepsychiatry, and brain-based treatments for a field moving faster than anyone can track — work Dr. Akira Sawa, Director of the Johns Hopkins Schizophrenia Center, has said "directly addresses" a significant gap.Links"Connected Care: A Practical Guide to Technology for Serious Mental Illness""Schizophrenia and Other Related Disorders. A Handbook for Caregivers" WebsiteThanks for liking and sharing the podcast! Mindy and her book: https://mindygreiling.com/Randye and her book: https://randyekaye.com/Miriam and her book: https://www.miriam-feldman.com/Support the showPlease share and support the podcast so we can reach more people who need the info and support.Want to know more?Join our facebook page  Our websites:Randye KayeMindy Greiling Miriam (Mimi) Feldman

Bei hohen Bewertungen von KI-Firmen stellt sich die Frage, ob sich eine Blase gebildet hat. Robeco-Analyst Daniel Ernst hält die Bewertungen für angemessen. Doch die Finanzmärkte würden kritischer: Technologie-Firmen müssen nun höhere Zinsen auf Anleihen zahlen. SMI: +0,6%

Swiss Prime Site, die grösste Schweizer Immobilienfirma, steigert den Gewinn. Derweil mehren sich in der Politik die Stimmen, die ausländischen Personen verbieten wollen, sich an börsenkotierten Wohnimmobilien-Gesellschaften zu beteiligen. SPS-Chef Marcel Kucher kritisiert dies scharf. SMI: -0.1%

Wie im Vorjahr macht der Baukonzern Implenia im ersten Halbjahr weniger Umsatz. Kein Grund zur Sorge für Konzernchef Jens Vollmar: Er rechnet mit künftigem Wachstum. Tatsächlich steigen die Aufträge um fast 10 Prozent, was primär an Hochbau-Projekten im wichtigsten Auslandsmarkt Deutschland liegt. SMI: +0.5%

Beim Verpackungshersteller SIG kommt bereits wieder ein neuer Chef: Nach nur 5 Monaten übernimmt die ehemalige Finanzchefin Ann-Kristin Erkens den CEO-Posten. Für die anstehende Restrukturierung seien Kontinuität und Tempo gefragt, so der Konzern. Die Aktie fällt zeitweise um über 25 Prozent. SMI: -0.6%

Die deutsche Autoindustrie schrumpft. Mit 690'000 Beschäftigten ist sie so klein wie nie seit 2005. Die Produktion in Deutschland ist zu teuer und der wichtige Markt China bricht ein. Laut Michael Koller, Leiter Automotive Swissmem, spüren das aber nicht alle Automobil-Zulieferer gleichermassen. SMI: -0.6%

Die Aktie der digitalen Bank Swissquote bricht ein. Denn ihre Kunden handeln weniger mit Kryptos. Die Einnahmen daraus sinken um zwei Drittel verglichen mit den letzten Jahren. Swissquote-Chef Marc Bürki zeigt sich trotzdem positiv und verweist auf den gestiegenen Kunden- und Neugeldbestand. SMI: +0.2%

Der Chip-Hersteller Nvidia will 500 Mrd. Dollar bei Investoren für den Ausbau von Rechenzentren sammeln. Auch in der Schweiz profitieren Firmen vom KI-Boom. Für Adrian Altenburger, Dozent an der Hochschule Luzern, sind Qualität und schnelle Verfügbarkeit von Schweizer KI-Produkten ein Vorteil. SMI: -0.9%

Colombia sufre un terremoto de 7.4 grados, con 240 fallecidos y más de 2500 heridos o desaparecidos. Los rescates en Cali y Pereira afrontan escasez de medios y problemas de orden público. La normativa sismorresistente post-1999 salva vidas, destacando la importancia de las primeras 72 horas para hallar supervivientes. La emancipación juvenil en España cae al 31%, muy por debajo de la media europea. Los jóvenes necesitan el salario de cinco años para una hipoteca, y el alquiler medio consume casi el 100% de su sueldo. Se proponen topar alquileres y subir el SMI. La temporalidad en el sector público es alta, afectando más a mujeres. La historia de la tecnología resalta a Charles Babbage (padre de la computadora), Ada Lovelace (primera programadora), Alan Turing (computación e IA), Grace Hopper (compiladores y COBOL) y Leonardo Torres Quevedo (inventor). Las revoluciones tecnológicas clave son el ordenador personal, Internet y la inteligencia artificial. A partir de octubre, las ...

Bell steigert seinen Gewinn um 21 Prozent. Der Fleischverarbeiter setzt auf mehrere Säulen, wie Fleisch, Geflügel, Fisch, Rohschinken und Convenience, sowie hochwertige Nischen. Laut Konzernchef Marco Tschanz wachse Bell organisch über alle Segmente mit rund 2 Prozent. SMI: -0.4%

Der Umsatz des Backwarenkonzerns Aryzta sinkt auf rund eine Milliarde Euro. Vor allem im wichtigen Markt Deutschland gehen die Verkäufe zurück. Trotzdem soll es erstmals seit zehn Jahren Dividendenzahlungen und/oder Aktienrückkäufe geben. Chef Urs Jordi sagt, dafür sei jetzt der richtige Moment. SMI: +0.6%

Amrize, die ehemalige Nordamerika-Sparte des Baustoffkonzerns Holcim, enttäuscht mit ihren Quartalszahlen. Trotz deutlich mehr Umsatz verfehlt das Unternehmen die Gewinnerwartungen. Laut ZKB-Analyst Martin Hüsler belasten vor allem höhere Treibstoff-, Logistik- und Rohstoffkosten das Geschäft. SMI +0.2%

Der Umsatz von Swisscom sinkt um 3 Prozent auf 7.2 Mrd. Franken – trotz höherer Abopreise. Konzernchef Christoph Aeschlimann begründet die Preiserhöhung mit einem besseren Leistungsangebot. Dafür steigt der Gewinn durch Synergien aus der übernommenen Vodafone Italia. SMI: -0.2%

Sandoz steigert den Umsatz auf 5.8 Mrd. Dollar. Der Basler Generika-Hersteller profitiert auch künftig von auslaufenden Patenten auf diverse Medikamente. Laut Konzernchef Richard Saynor biete etwa der Diabetes- und Abnehmspritzen-Markt Potenzial. In Brasilien und Kanada schon in diesem Jahr. SMI: +0.6%

Die Lufthansa schreibt im ersten Halbjahr wegen gestiegener Kerosinpreise einen Verlust von 229 Millionen Euro. Gewinn macht im Konzern nur die Swiss – auch dank höherer Ticketpreise. Dennis Weber, Finanzchef der Swiss Airlines, begründet das mit der stärkeren Kaufkraft in der Schweiz. SMI: +0.6%

Erstmals seit 40 Jahren intervenieren die USA und Japan gemeinsam am Fremdwährungsmarkt, um den schwächelnden Yen zu stärken. US-Präsident Trump deklariert dies als Freundschaftsdienst. Laut Finanzmarktberaterin Christa Janjic-Marti wollen die USA jedoch den Verkauf ihrer Staatsanleihen verhindern. SMI: +0.2%

Aktien hören ist gut. Aktien kaufen ist besser. Bei unserem Partner Scalable Capital geht's unbegrenzt per Trading-Flatrate und auf der hauseigenen European Investor Exchange, die genau auf Privatanleger zugeschnitten ist. Alle weiteren Infos gibt's hier: scalable.capital/oaws. Bloom Energy, Nebius und IREN steigen um 25%. Samsung sieht Chip-Knappheit bis 2027. Oracle weitet Google-Partnerschaft aus. Starbucks-Turnaround zeigt erste Erfolge. Ferrari hebt Prognose an. ICE kauft MarketAxess für 6 Mrd. $. Aschenbrenner verkauft Aktien. Adidas (WKN: A1EWWW) macht dank der WM einen Rekordumsatz im Quartal, aber die Marge enttäuscht und die Gewinn-Prognose wird nicht angehoben. Aktie verliert über 10%. Das liegt auch daran, dass die Lifestyle-Sparte stagniert. Faltenspritzen als Milliarden-Geschäft. Galderma (WKN: A407X6) wächst zweistellig und steigt in den SMI auf. L'Oréal hält 20%. Dazu wächst Neurodermitis-Mittel Nemluvio rasant. Wie passt dazu ein KGV von 45? Diesen Podcast vom 31.07.2026, 3:00 Uhr stellt dir die Podstars GmbH (Noah Leidinger) zur Verfügung. Learn more about your ad choices. Visit megaphone.fm/adchoices

Der Chemie-Konzern Clariant legt solide Halbjahreszahlen vor. Durch die Schliessung der Strasse von Hormus ist das Katalysatoren-Geschäft um 13 Prozent gesunken.  Auch hohe Rohstoffpreise treffen das Unternehmen. Laut Konzernchef Conrad Keijzer können diese an die Kundschaft weitergegeben werden. SMI: -0.3%

After NASCAR's first points race at North Wilkesboro since 1996, Dale, TJ and Travis are back in studio to break down all of the weekend's headlines – including some Joey Logano domination. After word that NASCAR will be extending practice time for the Cup Series, Dale explains just how crucial it is for drivers like Connor Zilisch to utilize that track time and get laps to help dial in their season. Dale also talks about why North Wilkesboro hasn't been all about the racing for him, including what he confessed to Marty Smith before going on air with TNT. The group also dives into Josh Berry's abysmal season, and why the results don't represent the talent level that Josh possesses. Is there enough time left in the season for Josh to prove himself for a Cup ride in 2027 and beyond? Plus, Ask Jr gets into Logano's comments about tandem drafting, what cars Dale has added to his graveyard, meeting Sonny Styles, and drinking whiskey (or not) on the post-race show. All this and more on another episode of The Dale Jr Download presented by ARBYYYYYY'SSSSSS. Check out Dirty Mo Media on YouTube: https://www.youtube.com/@DirtyMoMedia Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.