Podcast appearances and mentions of stephen schwarzman

James and Mitch discuss: - Tropical Cyclone Alfred - NRL in Las Vegas: Is it worth the effort? - New South Wales' new rezoning laws: Westfield is quick to capitalise! - CoreLogic data insights and the latest property trends - Alex shares an interesting article on the 15% foreign resident capital gains withholding tax (FRCGW) - Blackstone's Stephen Schwarzman took home how much?! - Buy/Sell - Who Am I?   Get in touch jamesf@jlf.com.au | mitchells@jlf.com.au All views and opinions discussed are that of the hosts. They do not endorse reliability or accuracy of their information. Not for commercial use.    

In this special episode, we gather impactful book recommendations from our guests, offering insights into the minds of leading business builders. Episode Highlights: 1:12 - Emily Holdman: Recommends "The Book of Charlie" by David Von Drehle for its profound wisdom and applicability to life changes. https://www.amazon.com/Book-Charlie-Remarkable-American-109-Year-Old/dp/1476773939/ 6:04 - Suzanne Yoon: Shares insights from "Traction" by Gino Wickman, emphasizing the entrepreneurial operating system for accountability and growth. https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837/ 10:03 - Tim Schulte: Suggests Yuval Noah Harari's "Sapiens," "Homo Deus," and "21 Lessons for the 21st Century" as thought-provoking reads on humanity and its future. https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316117/ https://www.amazon.com/Homo-Deus-Brief-History-Tomorrow/dp/0062464345/ https://www.amazon.com/Lessons-21st-Century-Yuval-Harari/dp/0525512195/ 12:00 - Eric Hansen: Describes "The Loop Files" by Rick Kaempfer and "The Mosquito Bowl" by Buzz Bissinger for their engaging historical narratives. https://www.amazon.com/Loop-Files-History-Outrageous-Station/dp/B0CNH5TZSQ/ https://www.amazon.com/Mosquito-Bowl-Game-Death-World/dp/0062879936/ 16:43 - Josh Adams: Highlights "What It Takes" by Stephen Schwarzman, "Greenlights" by Matthew McConaughey and "Shoe Dog" by Phil Knight emphasizing the engaging storytelling and life lessons. https://www.amazon.com/What-Takes-Lessons-Pursuit-Excellence/dp/1501158147/ https://www.amazon.com/Greenlights-Matthew-McConaughey/dp/0593139135/ https://www.amazon.com/Shoe-Dog-Memoir-Creator-Nike/dp/1501135910/ 19:31 - Bob Belke: Discusses "Die With Zero" by Bill Perkins, advocating for investing in life experiences, and "The Monk Who Sold His Ferrari" by Robin Sharma for its insights on living a fulfilled life. https://www.amazon.com/Die-Zero-Getting-Your-Money/dp/0358567092/ https://www.amazon.com/Monk-Who-Sold-His-Ferrari/dp/0062515675/ 26:34 - Jon Stewart: Talks about "Building a Second Brain" by Tiago Forte, which outlines a methodology for organizing information efficiently. https://www.amazon.com/Building-Second-Brain-Organize-Potential/dp/1982167386/ 31:45 - Erik Ginsberg: Recommends "Leadership and Self Deception" by The Arbinger Institute for its insights on self-awareness and organizational behavior. https://www.amazon.com/Leadership-Self-Deception-Fourth-Transforming-Relationships/dp/1523006560/ 33:21 - Darren Herman: Offers "Startup" by Jerry Kaplan for its diary-format insights on building a technology company, and reflects on "Catcher in the Rye" by J.D. Salinger as an inspirational read. https://www.amazon.com/Startup-Silicon-Adventure-Jerry-Kaplan/dp/0140257314/ https://www.amazon.com/Catcher-Rye-J-D-Salinger/dp/0316769177/ 37:16 - Christian Bullitt: Suggests "The Fund" by Rob Copeland, describing Bridgewater Associates' unique corporate culture. https://www.amazon.com/Fund-Bridgewater-Associates-Unraveling-Street/dp/1250276934/ For more information on BluWave and this podcast, go to www.bluwave.net/podcasts.

Récupère gratuitement mon tableau E.T.M : Estimation du coup des Travaux et des Meubles et donc valider la rentabilité d'un bien : Télécharge le tableau E.T.MRécupère gratuitement Le Guide du DPE Rentable (ou Comment se remplir les poches grâce à la plus grande injustice des 50 dernières années dans la politique du logement) : Télécharge le guide

Donald Trump won the 2024 US presidential election in a landslide. Why did Kamala Harris lose so badly? Ben Norton explains the failure of the billionaire-funded Democratic Party to provide an economic alternative to the billionaire-funded Republicans' pseudo "populism", as working-class people suffer. VIDEO: https://www.youtube.com/watch?v=mSBi0m5xCJs Topics 0:00 Donald Trump wins 2024 presidential election 1:07 Who really is Kamala Harris? Does anyone know? 4:42 DNC strategy: sacrifice workers for moderate Republicans in suburbs 5:48 Harris campaigns with neoconservative Cheney family 6:56 Harris had no democratic mandate 7:42 Out-trumping Trump on immigration? Really? 8:04 Hillary Clinton 2.0 10:05 Low Democrat turnout 11:12 The status quo loses 12:34 Dems' extreme pro-Israel stance lost swing state voters 16:01 Rashida Tlaib & Ilhan Omar won; Harris lost 17:37 "Never Trump Republicans" barely exist 18:30 It's the economy, stupid 20:09 US GDP growth is not benefiting workers 21:39 Wealth inequality 22:32 Poverty & hunger increased under Biden-Harris 23:33 Trump scapegoats 24:09 (CLIP) Trump vows: "We are going to take other countries' jobs" 24:58 Trump's false promises 25:27 Deindustrialization 26:22 Immigration 28:40 Trump's tax cuts help rich elites, hurt workers 31:12 Billionaires Elon Musk & Stephen Schwarzman funded Trump 32:11 Inflation, debt, deficits 35:11 Tariffs 35:40 Conclusion

C'est l'un des grands dossiers de cette campagne : les Américains peinent à se loger. La faute à un déficit de 4 à 7 millions de logements sur le marché qui pousse les prix à la hausse. Une situation qui remonte à la crise des subprimes. Avant 2008, plus de deux millions de logements sortaient de terre chaque année aux États-Unis. Le marché immobilier était florissant, porté par les banques qui prêtaient à tout le monde, y compris à des ménages non solvables, des prêts risqués réunis en « paquets » : les fameux subprimes. Quand la réalité a fini par rattraper les apprentis sorciers du prêt hypothécaire, tout le système financier était contaminé. La crise culmine le 15 septembre 2008 quand la banque Lehman Brothers fait faillite. Après avoir fait un exemple, très vite l'État fédéral se porte au secours des autres institutions financières en difficulté pour éviter la contamination. De nombreux promoteurs immobiliers, eux, mettent la clé sous la porte. Les plus gros survivent en réduisant sérieusement la voilure. Au pire de la crise, la production annuelle de logement tombe à moins de 600 000.Les États-Unis passent d'une surproduction à une sous-production chronique qui va durer quinze ans. Quinze années pendant lesquelles la société évolue : les études se rallongent, les couples s'installent et font des enfants plus tard dans leur vie, divorcent plus vite. Les Américains en 2024 vivent donc plus souvent seuls que ceux de 2008. Entre 2012 et 2022, le nombre d'Américains vivant seuls a augmenté de 5 millions. Ajoutez à cela la croissance démographique, l'immigration, et vous obtenez un déficit de logements que les experts estiment à près de 4 millions, et jusqu'à 7 millions pour les plus pessimistes. Résultat : les prix s'envolent - même en dehors des grandes villes - et les Américains peinent à se loger.Donald Trump mise sur la lutte contre l'immigration et la dérégulationFace à ce constat, Donald Trump propose les mêmes solutions que pour à peu près tous les autres problèmes. « Ces trois dernières années, moins de 5 millions de logements ont été construits aux États-Unis », a souligné le candidat Républicain en meeting en Arizona. « Dans le même temps, Kamala Harris a fait entrer 21 millions de migrants illégaux sur le territoire, des migrants qui occupent de manière disproportionnée les logements à faible loyer ». Donald Trump qui veut mener « la plus grande expulsion de l'Histoire » estime donc que cela règlerait en partie le problème. Les experts soulignent que les migrants constituent aussi « de manière disproportionnée » la main-d'œuvre sur les chantiers du bâtiment, ce qui risquerait d'aggraver le problème. L'ex-président veut aussi déréguler le secteur de l'immobilier pour encourager l'investissement privé. Kamala Harris de son côté préfère miser sur les incitations fiscales, en facilitant l'accès aux prêts des primo-acheteurs et en créant un crédit d'impôt à destination des promoteurs avec pour objectif de construire « trois millions de nouveaux logements » « d'ici la fin de [son] premier mandat ».La crise du logement à mettre en perspective avec la crise des immeubles de bureaux. « Aux États-Unis, 20 % des immeubles de bureaux sont vides, personne ne les loue. Et il faut y ajouter 20 % supplémentaires de bureaux qui sont loués… mais où personne ne se rend », soulignait récemment Stephen Schwarzman, le patron du fonds d'investissement Blackstone. Un phénomène accentué par le recours croissant au télétravail. « Ça fait 40 % de bureaux inutilisés. Que se passera-t-il à la fin du bail ? Les entreprises vont réduire l'espace qu'elles occupent. Donc sur le plan économique, ces immeubles ne sont pas viables ». Des bâtiments vides, d'un côté, des dizaines de milliers de personnes en recherche de logements de l'autre, une équation qui mériterait peut-être d'être résolue.À lire aussiPourquoi le télétravail a démoli le marché de l'immobilier de bureau

Founders ✓ Claim Key Takeaways  Some failure is inevitable; learn from it, do not beat yourself up over it, and keep moving forwardBusiness is not a battle to be waged; it is a puzzle to be solved True entrepreneurs never fail; sometimes the business venture doesn't work out for them, but they never fail Go to where it is less crowded; there is no substitute for limited competition Be someone that people make money with Have a long-term view and do not sacrifice your ability to do future deals by burning bridges to close the current one If you love what you do, then you will get really good at it and do it for a long time;money will come as a resultThe true test of an entrepreneur is someone who spends his life constantly testing his limits “Fear and courage are cousins – and very closely related.” – Sam Zell Read the full notes @ podcastnotes.orgWhat I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson.----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Plus de sept-cents salariés d'Ubisoft se sont mis en grève mardi 15 octobre, un mouvement social de trois jours, inédit chez le numéro un français du jeu vidéo provoqué par la décision du groupe de rappeler les salariés au bureau au moins trois jours par semaines. Comme Ubisoft, de nombreuses entreprises font marche arrière sur le télétravail pourtant plébiscité par leurs collaborateurs. Masques de « lapin crétin » sur le visage, drapeau de la CGT, Solidaires Informatique ou du STJV (le syndicat des travailleurs du jeu vidéo) dans la main, ils étaient plusieurs dizaines de salariés réunis ce mardi 15 octobre après-midi devant les locaux parisiens d'Ubisoft. Comme Manou, depuis quinze ans chez « Ubi », beaucoup font grève pour la première fois. « Nous avons reçu un mail mi-septembre nous disant qu'il faudrait désormais revenir travailler dans les locaux au moins trois jours par semaines », explique-t-il. « Avant le Covid, on pensait que nos métiers étaient trop complexes pour le télétravail. Mais nous avons prouvé que ça marchait et que ça marchait même très bien. C'est même la chose qu'Ubisoft a le mieux réussi ces dernières années. Et on veut nous le retirer, c'est incompréhensible. »Valentin est venu exprès de Troyes dans l'Aube pour dire sa colère et son incompréhension. « Comme à peu près 10 % des effectifs en France j'ai été embauché en 100 % télétravail. Notre vie est loin d'ici, parfois à l'autre bout du pays. Porte-à-porte, j'ai 2h15 de transport », raconte-t-il. Il comprend d'autant moins l'injonction à revenir en présentiel qu'aucun des membres de son équipe ne travaille en France, tous ses collaborateurs sont à l'étranger. Les syndicats dénoncent l'absence de véritable dialogue social sur le sujet.La crainte de licenciements déguisésIls ont aussi en tête la formule d'Yves Guillemot, le PDG. En 2022, face aux difficultés de l'entreprise, il avait évoqué la nécessité de réduire la masse salariale de l'entreprise grâce à « l'attrition naturelle ». « Le télétravail a permis à certains salariés d'accéder à la propriété en s'installant à l'autre bout de la France, ou à la parentalité en réorganisant leur vie familiale », note Vincent Cambedouzou, élu STJV chez Ubisoft. « On va leur demander de choisir entre leurs conditions essentielles et leur emploi, évidemment ils ne choisiront pas leur emploi, ce qui revient peu ou prou à les mettre à la porte », déplore le syndicaliste.Il est loin le temps où tous les patrons du monde se sont mis à vanter les vertus du télétravail, sauveur du capitalisme. « Cela a complètement révolutionné la manière dont nous envisageons nos recrutements », se réjouissait en 2020 Andy Jassy, sur le point de prendre la tête d'Amazon. « On s'est rendu compte que si quelqu'un, n'importe où dans le monde, voulait s'investir dans l'entreprise, on pouvait collaborer très efficacement. » Quatre ans plus tard, devenu PDG, Andy Jassy a annoncé mi-septembre à tous ses collaborateurs qu'ils devraient revenir au bureau cinq jours par semaines à compter du mois de janvier.Télétravailleurs ou « téléfeignants » ?Amazon et Ubisoft ne sont pas des exceptions : Meta, Goldman Sachs, Google et beaucoup d'autres ont fait marche arrière sur le télétravail. Dans leurs mémos, les entreprises parlent de « cohésion », de besoin de former les nouveaux collaborateurs, de « stimuler la créativité »... Mais personne n'a été aussi clair et transparent que Stephen Schwarzman, le patron du fonds d'investissement Blackstone : « Les gens se sont habitués à rester à la maison parce qu'ils travaillent moins qu'au bureau, quoi qu'ils en disent. » Autrement dit, les télétravailleurs seraient des « téléfeignants ».Elon Musk, le patron de Tesla, et homme le plus riche du monde, prend carrément des accents marxistes pour dénoncer une « classe des télétravailleurs » qui voudraient pouvoir rester chez eux aux dépens de tous les autres. « Ceux qui fabriquent votre voiture doivent se rendre à l'usine, ils ne peuvent pas télétravailler. Ceux qui livrent votre déjeuner ne peuvent pas télétravailler, mais vous, vous pourriez rester à la maison ? Ce n'est pas seulement une question de productivité, c'est moralement condamnable. »À lire aussiTélétravail : fin de partie ? Le télétravail un caprice d'enfants gâtés ? S'il est vrai que de nombreux métiers en sont exclus, le plus souvent occupés par des employés à bas salaire – les fameux « premiers de corvée » -, les études sur le sujet montrent que ses bénéfices pour l'entreprise et la société sont bien réels. Il favorise le bien-être au travail, l'équilibre familial, le maintien des femmes dans l'emploi, la diversité dans les entreprises... Reste la question de la productivité, centrale dans la décision des patrons. Si vous demandez aux premiers concernés, les salariés vous répondent majoritairement qu'ils sont plus productifs en télétravail quand leurs managers jurent le contraire. Alors qui croire ?Un impact sur la productivité à nuancerLes études sont contrastées. Les résultats dépendent évidemment du secteur, des procédures et des outils mis en place par les entreprises pour faciliter la communication entre employés. Certaines notent une baisse de la productivité de 10 à 20 % due au manque de discipline des employés et aux difficultés de communication, particulièrement chez ceux en 100 % télétravail. D'autres études soulignent au contraire que les travailleurs sont moins souvent dérangés et plus concentrés sur leurs tâches.L'étude la plus complète sur le sujet a été réalisée par l'université de Stanford et l'Institut de Finance de Shenzhen. Pendant six mois, les chercheurs ont observé les habitudes de travail des employés d'une entreprise informatique. Elle montre sans ambigüité les bénéfices d'une organisation « hybride ». Non seulement alterner entre travail au bureau et à la maison n'a aucune incidence sur la productivité, mais cela diminue le « turnover », le taux de rotation des salariés, moins enclins à aller voir ailleurs.

Founders ✓ Claim Key Takeaways  Some failure is inevitable; learn from it, do not beat yourself up over it, and keep moving forwardBusiness is not a battle to be waged; it is a puzzle to be solved True entrepreneurs never fail; sometimes the business venture doesn't work out for them, but they never fail Go to where it is less crowded; there is no substitute for limited competition Be someone that people make money with Have a long-term view and do not sacrifice your ability to do future deals by burning bridges to close the current one If you love what you do, then you will get really good at it and do it for a long time;money will come as a resultThe true test of an entrepreneur is someone who spends his life constantly testing his limits “Fear and courage are cousins – and very closely related.” – Sam Zell Read the full notes @ podcastnotes.orgWhat I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson.----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

What I learned from reading Money Talks, Bullsh*t Walks: Inside the Contrarian Mind of Billionaire Mogul Sam Zell by Ben Johnson.----Ramp gives you everything you need to control spend, watch your costs, and optimize your financial operations —all on a single platform. Make history's greatest entrepreneurs proud by going to Ramp and learning how they can help your business control your costs and save more. ----Founders Notes gives you the superpower to learn from history's greatest entrepreneurs on demand. You can search all my notes and highlights from every book I've ever read for the podcast. Get access to Founders Notes here. ----Join my free email newsletter to get my top 10 highlights from every book----Follow Founders Podcast on YouTube (Video coming soon!) ----“I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — GarethBe like Gareth. Buy a book: All the books featured on Founders Podcast

Episode 384: Neal and Toby chat about the round of funding for a startup that could transform the landscape of warfare by combining tech and military manufacturing. Then, upheaval in Bangladesh has global economies nervous about its impacts, especially in the fashion industry. Next, Warner Bros. Discovery and Paramount both had massive write-downs which further signifies the fading of linear programming. Also, Eli Lilly's Mounjaro is winning the miracle weight-loss drug war as sales soar, while Novo Nordisk's Wegovy is slugging behind. Meanwhile, Coca-Cola may have to owe the IRS $16 billion in back taxes. Lastly, Blackstone's Stephen Schwarzman is developing a $100M country estate but is running into some newt headaches.  Checkout https://beehiiv.link/morning-brew-daily and get a 30 day free trial and also 20% off 3 months with code BREW  00:00 - Costco crackdown 2:30 - AI-powered weapons 7:00 - Shakeup in Bangladesh 11:00 - Bad news for cable TV networks 14:45 - Weight-loss drug duel 18:00 - Coca-cola vs. IRS 21:30 - Newt problems Get your Morning Brew Daily T-Shirt HERE: https://shop.morningbrew.com/products/morning-brew-radio-t-shirt?_pos=1&_sid=6b0bc409d&_ss=r&variant=45353879044316  Listen to Morning Brew Daily Here: https://link.chtbl.com/MBD Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices

Howard Marks, co-founder of Oaktree Capital Management, and Stephen Schwarzman, CEO of Blackstone, share their insights on investing, market trends, and the future of finance. Gain valuable perspectives from these industry leaders as they discuss their strategies and experiences in navigating the complexities of the financial world.

In this episode, Scott Becker highlights six key points about Stephen Schwarzman and Blackstone’s monumental role in private equity. Topics include Schwarzman’s co-founding of Blackstone in 1995, its growth to managing a trillion dollars in assets, the firm’s current stock performance, Schwarzman’s significant net worth, his educational background and inspiring biography, and his substantial charitable […]

In this episode, Scott Becker highlights six key points about Stephen Schwarzman and Blackstone’s monumental role in private equity. Topics include Schwarzman’s co-founding of Blackstone in 1995, its growth to managing a trillion dollars in assets, the firm’s current stock performance, Schwarzman’s significant net worth, his educational background and inspiring biography, and his substantial charitable […]

Stephen Schwarzman hat sich jetzt doch dazu entschlossen, den Präsidentschaftsanwärter Donald Trump beim Wahlkampf zu unterstützen. Er war einer der Großspender bei den Wahlen 2020, hatte sich aber später abgewandt.

It's Monday, November 27th, A.D. 2023. This is The Worldview in 5 Minutes heard at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Adam McManus Communist Xi gets royal treatment despite China's persecution record China's President Xi Jinping recently visited the United States to meet with President Joe Biden, the first visit on American soil in six years. Their conversation included topics like the fentanyl crisis, artificial intelligence, and even the return of pandas to the United States.   Yet one issue was painfully neglected in their conversation – China's blatant violation of human rights and persecution of religious minorities, reports International Christian Concern. Since the Chinese Communist Party seized power in the 1940s, religious freedom conditions have deteriorated. China has kept its efforts to silence and, in some cases, eradicate ethnic and religious communities, such as the Uyghurs, Tibetan Buddhists, and Christians. Disappearances, forced organ harvesting, controlled press, and surveillance of its citizens are just the beginning in terms of China's human rights abuses. And these issues were largely ignored during Jinping's visit.  Shortly after the heads of state met, dozens of American CEOs socialized over dinner with Chinese government officials. High-profile CEOs such as Elon Musk of Tesla and X, Stanley Deal of Boeing, Stephen Schwarzman of Blackstone, and Marc Benioff of Salesforce were seen in attendance, paying up to $40,000 to dine with Communist dictator Xi Jinping. Many have criticized this large gathering, including Republican Congressman Mike Gallagher of Wisconsin, who said, “It is unconscionable that American companies might pay thousands of dollars to join a ‘welcome dinner' hosted by the very same Chinese Communist Party officials who have facilitated a genocide against millions of innocent men, women, and children in Xinjiang.” The attendance of Apple's CEO, Tim Cook, should also be of notable concern. Two years ago, Apple removed a Bible app from the Chinese version of the app store at the request of government officials.   For a country that brought in $74 billion in revenue in 2022 for Apple, it is possible that Tim Cook and many of the CEOs in attendance have traded their “commitments” to universal human rights in exchange for cash, filling their pockets while letting China's religious minorities continue to suffer.  200 trucks of goods enter Gaza Strip Two hundred trucks of goods were offloaded by the United Nations Relief and Works Agency reception point in the Gaza Strip on Friday, the biggest humanitarian convoy received since October 7, reports the Jerusalem Post. This was done within the framework of the truce and the schedule for the release of the hostages that was agreed upon with the US through the mediation of Qatar and Egypt. The temporary truce between Israel and Hamas came into effect early on Friday, ahead of the exchange of dozens of hostages held by terrorists in Gaza for Palestinians imprisoned in Israel, reports Jewish News. British Prime Minister Rishi Sunak tweeted: “This humanitarian pause is critical to end the terrible ordeal of hostages held by Hamas and get life-saving aid into Gaza.” Instagram has become a “vast pedophile network” According to recent testimony during a U.S. Senate committee hearing, while social media giant, Meta, which runs Facebook and Instagram, was focused on cracking down on conservative speech in coordination with the Biden administration, pedophiles were not only operating “vast” networks on the company's platforms, but were often connected with each other via the company's own algorithms, reports LifeSiteNews. Listen to this soundbite from the November 7 Senate Judiciary Committee hearing on “social media and the teen mental health crisis.” Republican Senator Josh Hawley of Missouri asked Arturo Bejar, Facebook's former Director of Engineering for Protect and Care, a question. HAWLEY: “This is from the Wall Street Journal's report earlier this year. This is June of this year. They found the following. I'm going to quote.  ‘Instagram helps connect and promote a vast network of accounts openly devoted to the commission and purchase of under-age sex content. Pedophiles have long used the internet. But, unlike the forums and file transfer services that cater to people who have an interest in illicit content, Instagram doesn't merely host these activities, Instagram's algorithms promote them. Instagram connects pedophiles and guides them to content sellers via recommendation systems that excel at linking those who share these interests, the [Wall Street] Journal and academic researchers found.' “This is a stunning, stunning report, Mr. Bejar that more than bears out what you were telling, trying to tell, the executives who ignored you. In your own view, why do you think this is happening? Why has Instagram become, in the words of the Wall Street Journal, ‘a vast pedophile network'? Why are people, like your daughter, every time they get on Instagram, they're being bombarded with unwanted sexual advances, sexual content? Why is this happening?” BEJAR:  “Most of the resources, close to all, that they invest in this go towards this very narrow definition of harm.” Read Arturo Bejar's 15-page testimony. In Matthew 18:6, Jesus warned, “If anyone causes one of these little ones—those who believe in Me—to stumble, it would be better for them to have a large millstone hung around their neck and to be drowned in the depths of the sea.” Celebrities revealing they aborted their children in memoirs And finally, it's the year of abortion memoirs, reports LifeSiteNews.com.   In Paris Hilton's memoir, entitled Paris, she revealed that when she was 22 years old she had an abortion.   She wrote, “In November 2003, after we had filmed the first season of The Simple Life and before it premiered, I was living my best life. … It all came crashing down when I realized I was pregnant at 22. Choosing to have an abortion can be an intensely private agony that's impossible to explain. The only reason I'm talking about it now is that so many women are facing it, and they feel so alone and judged and abandoned. … And you do it, even though it breaks your heart.” She's had thoughts like, “What if I killed my Paris?” Actress Kerry Washington  also released an autobiography this year, entitled Thicker Than Water: A Memoir, and writes about her own abortion.  She never imagined that she would be in an abortion clinic, “surrendering my insides to a surgical vacuum.”  Ironically, Washington is famous for a scene when her character on the TV show Scandal had an abortion, literally, to the tune of “Silent Night,” a Christmas hymn celebrating the birth of our Savior, Jesus Christ. And singer Britney Spears revealed in her memoir, entitled The Woman in Me, that she experienced a brutal abortion at the behest of her then-boyfriend Justin Timberlake, a man who desperately did not want to be a father. Spears wanted to keep the child, but she caved under pressure, and lay sobbing on the bathroom floor after taking the Abortion Kill Pill for fear of being recognized outside an abortion mill. Despite being worth tens of millions of dollars, they, too, were “not ready” to have children. The woman in Spears wanted to keep the baby; the baby in her died because Timberlake refused to welcome the baby that he had fathered. Isaiah 59:7 says, “Their feet rush into sin; they are swift to shed innocent blood. They pursue evil schemes; acts of violence mark their ways.” Close And that's The Worldview in 5 Minutes on this Monday, November 27th in the year of our Lord 2023. Subscribe by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Or get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

This episode is brought to you by Presario Ventures, a private equity real estate firm based in the booming Austin, Texas, market. To learn how to invest in the future of Texas with Presario Ventures, visit info.presarioventures.com/bestever. In this episode, we delve into the world of commercial real estate investing with Bob Thomas, a seasoned investor with over a decade of experience. Join us as Bob shares valuable insights into his journey across various asset classes, the importance of partnerships, and strategies for navigating the ever-changing real estate market. Key Takeaways: The Power of Partnerships: Bob emphasizes the significance of forming strategic partnerships in real estate investing. Collaborative partnerships allow investors to leverage each other's strengths, pool resources, and pursue larger deals with greater efficiency. Aligning incentives and complementary skill sets within partnerships is essential for success. While Bob excels in capital raising and acquisitions, he acknowledges his weakness in construction project management. Partnering with experts in diverse areas can lead to creative and synergistic outcomes. Thinking Big and Setting Ambitious Goals: Bob draws inspiration from Stephen Schwarzman's book, "What It Takes," highlighting the importance of thinking big in real estate. He believes that if you're going to invest your time and effort, it's best to aim for substantial goals that challenge you. Setting big, hairy, audacious goals (BHAGs) can push investors in the right direction. Bob's goal is to grow his portfolio to a trillion dollars in assets under management, emphasizing that a big vision drives progress and innovation. Educating for Financial Literacy: Bob's commitment to financial education extends beyond real estate investing. He actively engages in financial literacy talks, teaching both investors and school children about creating generational wealth, passive income, and sound financial practices. Recognizing the importance of breaking free from a traditional W-2 mindset, Bob believes that introducing children to alternative paths early in life can help them make informed financial decisions and plan for a prosperous future.   Bob Thomas | Real Estate Background Chief Investment Officer & Co-Founder of Peak Asset Management Portfolio: ~200 units of multifamily ~100k sq ft. of commercial retail/office Based in: Portland, OR Say hi to him at:  peakassetmgt.com LinkedIn Best Ever Book: What It Takes by Stephen Schwarzman Greatest Lesson: Selecting the right partners is the most critical piece to one's success or failure. Click here to learn more about our sponsors: Presario Ventures Rentec Direct

Jesse and Brittany discuss the student loan debt crisis from Brittany's perspective, listener emails and voicemails related to Cenk Uygur's presidential aspirations, whether we fear sharing elements of our backgrounds, and a nice voicemail filled with praise, the ongoing humanitarian crisis in Gaza and how to call your representative to demand they support calling for a ceasefire, and A$$hole of Today feat. Billionaire Stephen Schwarzman. Find your representative: https://www.house.gov/representatives/find-your-representative Demand a ceasefire: https://www.amnesty.org/en/petition/demand-a-ceasefire-by-all-parties-to-end-civilian-suffering/ SUPPORT THE SHOW ON PATREON: http://www.TeamDollemore.comNEW MERCH AVAILABLE AT: http://www.dollemore.infoJoin the private Facebook listener group: https://www.facebook.com/groups/1770575259637583Send a text or voicemail of fewer than three minutes to (657) 464-7609.Show Facebook: http://www.facebook.com/IDoubtPodcastShow Twitter: http://www.twitter.com/IDoubtItPodcastJesse on Twitter: https://www.twitter.com/dollemoreBrittany on Twitter: https://www.twitter.com/brittanyepageBuy a T-Shirt, Hoodie, Mug, or Tote: https://www.dollemore.infoPatreon: http://www.dollemore.com/patreonPayPal: http://www.dollemore.com/paypalAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Patrick Donley sits down with sports agent turned real estate investor, The Duke of Dirt. You'll learn what the Duke learned growing up with a Super Bowl-winning football father, how he took control of his own learning, his thoughts on getting an MBA, the dangers of following conventional wisdom, and what his current plan is as he moves away from the W-2 world into real estate entrepreneurship.IN THIS EPISODE, YOU'LL LEARN:00:00 - Intro03:35 - What The Duke learned growing up as the son of a highly successful football coach.04:54 - What he learned from Nick Saban and Chip Kelly.14:30 - What it was like working as a sports agent representing football coaches.15:36 - How he transitioned to real estate while getting his MBA.15:36 - His thoughts on higher education.20:38 - How he took control of his own learning and the sources he turned to.29:46 - The dangers of following conventional wisdom.30:03 - How to navigate going out on your own.32:01 - His current real estate strategy he's implementing.41:58 - His experience with Twitter and writing high-quality threads.51:42 - The commonalities of successful real estate investors.52:39 - How anyone can benefit from writing regularly.And much, much more!*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCESThe Obstacle is the Way by Ryan Holiday.Mose Kagan's blog.Am I Being Too Subtle by Sam Zell.What it Takes by Stephen Schwarzman.Risk Game by Francis Greenburger.Endurance by Alfred Lansing.Related Episode: Listen to REI180: The Intersection of Education and Real Estate w/ Kevin Clark, or watch the video.Related Episode: Listen to REI182: Escaping His 9 to 5 w/ Raleigh Williams, or watch the video.Related Episode: Listen to REI179: Resilience and Triumph w/ AJ Osbourne, or watch the video.NEW TO THE SHOW?Check out our Real Estate 101 Starter Packs.Browse through all our episodes (complete with transcripts) here.Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool.Enjoy exclusive perks from our favorite Apps and Services.Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.Keep up with the latest news and strategies on real estate investing with the best real estate podcasts.P.S The Investor's Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Apply for the Employee Retention Credit easily, no matter how busy you are, with Innovation Refunds.Your home might be worth more than you think. Earn extra money today with Airbnb. Protect and optimize your wealth with Money Pickle - whether you're seeking advice on retirement planning, optimizing your 401k, navigating inheritances, or any other financial matter.Support our free podcast by supporting our sponsors.Connect with Patrick (@jpatrickdonley): TwitterConnect with The Duke of Dirt: Website | TwitterSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Stephen Schwarzman founder and CEO of BlackstoneHave we reached peak inflation? Is there more economic turmoil to come? And how did he end up in a bar fight in Trinidad? Tune in and find out! The production team on this episode were PLAN-B's Nikolai Ovenberg and Niklas Figenschau Johansen. Background research was done by Sigurd Brekke with input from portfolio manager Mikael Modum Bilet Hosted on Acast. See acast.com/privacy for more information.

“Des cheveux et des poils”au MAD, musée des Arts Décoratifs, Parisdu 5 avril au 17 septembre 20Interview de Denis Bruna, Conservateur en chef –collections mode et textile antérieures à 1800, et commissaire de l'exposition,par Anne-Frédérique Fer, à Paris, le 7 avril 2023, durée 22'08.© FranceFineArt.https://francefineart.com/2023/04/07/3421_cheveux-poils_musee-des-arts-decoratifs/Communiqué de presse Commissaire :Denis Bruna, Conservateur en chef –collections mode et textile antérieures à 1800Du 5 avril au 17 septembre 2023, le musée des Arts décoratifs présente une exposition consacrée aux cheveux et aux poils dans le monde occidental. Ce projet original poursuit l'exploration de la mode et de la représentation du corps. Après « La mécanique des dessous » (2013), « Tenue correcte exigée ! » (2017) et « Marche et démarche » (2019), « Des cheveux et des poils » montre comment la coiffure et l'agencement des poils humains participent depuis des siècles à la construction des apparences. Élément essentiel de la mise en scène de soi, l'arrangement des cheveux et des poils véhicule un message, l'adhésion à une mode, une conviction, une contestation, et peut être porteur d'une multitude de significations, comme la féminité, la virilité ou la négligence.L'exposition explore à travers plus de 600 oeuvres, du XVe siècle à nos jours, les thèmes inhérents à l'histoire de la coiffure, mais également les questions liées à la pilosité faciale et corporelle. Les métiers et les savoir-faire d'hier et d'aujourd'hui sont mis en avant avec leurs figures emblématiques : Léonard Autier (coiffeur favori de Marie-Antoinette), Monsieur Antoine, les soeurs Carita, Alexandre de Paris et plus récemment les coiffeurs studio. De grands noms de la mode contemporaine tels Alexander McQueen, Martin Margiela ou Josephus Thimister sont présents avec leurs réalisations spectaculaires faites à partir de ce matériau singulier qu'est le cheveu. L'exposition est présentée dans les galeries de la mode Christine & Stephen Schwarzman, dans une scénographie confiée à David Lebreton de l'agence Designers Unit.Dans une atmosphère où les nuances de blond, de brun et de roux évoquent les principales couleurs de la chevelure, le parcours, divisé en cinq thématiques, interroge ce qui fait du poil, dans les cultures gréco-romaine et judéo-chrétienne, un attribut de l'animal et de la sauvagerie et explique pourquoi, le poil a dû être constamment dompté pour éloigner la femme ou l'homme de la bête.Modes et extravagancesLa première partie de l'exposition s'ouvre sur l'étude de l'évolution de la coiffure féminine, véritable indicateur social et marqueur d'identité. Au Moyen Âge, obéissant au commandement de saint Paul, le port du voile s'impose aux femmes jusqu'au XVe siècle. Peu à peu, elles l'abandonnent au profit de coiffures extravagantes sans cesse renouvelées. Au XVIIe siècle, la coiffure à « l'urluberlu » (chère à Madame de Sévigné) et « à la Fontange » (d'après le nom de la maîtresse de Louis XIV) sont emblématiques de véritables phénomènes de mode. Vers 1770, les hautes coiffures dites poufs sont sans doute les plus extraordinaires des modes capillaires occidentales. Enfin, au XIXe siècle, les coiffures féminines – qu'elles soient inspirées de la Grèce antique, ou dite « à la girafe », en tortillon ou « à la Pompadour » – sont tout autant alambiquées.[...] Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

Jason and Karan share what they learned from King of Capital by David Carey and John E. Morris.King of Capital - https://www.amazon.com/King-Capital-Remarkable-Schwarzman-Blackstone/dp/0307886026/The Birthday Party - https://www.newyorker.com/magazine/2008/02/11/the-birthday-party-2Follow Jason - https://twitter.com/afterinvestorFollow Karan - https://twitter.com/KaranMGurnaniKaran's YouTube channel -  https://www.youtube.com/c/KaranGurnaniThe Reformed Financial Advisor A CFP talking bitcoin, laissez faire, the ills of financial advice, & the life well livedListen on: Apple Podcasts Spotify

The chairman, CEO, and co-founder of the global investment management firm traces his journey as a business leader, financial innovator, and philanthropist. Stephen Schwarzman co-founded The Blackstone Group in 1985 and grew it into one of the largest investment firms in the world, with nearly $1 trillion in assets under management and businesses in private equity, real estate, and credit, among other areas. In this episode, Schwarzman talks with Vik Malhotra, former chairman of McKinsey's Americas region, and senior partner David Schoeman about his approach to leadership and talent and how he assesses investment opportunities.  You can listen to or read our Voices of CEO Excellence interview with Morgan Stanley's James Gorman.  Join our LinkedIn community of more than 87,000 members and follow us on Twitter at @McKStrategy.  Explore more Inside the Strategy Room episode transcripts on McKinsey.com  See www.mckinsey.com/privacy-policy for privacy information

The chairman, CEO, and co-founder of the global investment management firm traces his journey as a business leader, financial innovator, and philanthropist. Stephen Schwarzman co-founded The Blackstone Group in 1985 and grew it into one of the largest investment firms in the world, with nearly $1 trillion in assets under management and businesses in private equity, real estate, and credit, among other areas. In this episode, Schwarzman talks with Vik Malhotra, former chairman of McKinsey's Americas region, and senior partner David Schoeman about his approach to leadership and talent and how he assesses investment opportunities.  You can listen to or read our Voices of CEO Excellence interview with Morgan Stanley's James Gorman.  Join our LinkedIn community of more than 87,000 members and follow us on Twitter at @McKStrategy.  Explore more Inside the Strategy Room episode transcripts on McKinsey.com  Join 90,000 other members of our LinkedIn community: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/See www.mckinsey.com/privacy-policy for privacy information

Stephen Schwarzman is the Founder, Chairman and Chief Executive Officer of The Blackstone Group, a $27 billion global investment firm. He is also the Founder and Chairman of the Schwarzman School of Business at Yale University. In this episode, we discuss his childhood in Brooklyn and his path to becoming one of the world's most successful business executives. We also discuss his work at The Blackstone Group, his thoughts on networkers and how he managed to forge a path to success despite enduring some tough times.

Blackstone is defending its decision to limit withdrawals from its $69 billion dollar real estate fund as investors become more cautious about what's ahead. Fund managers say that redemption requests for the Blackstone Real Estate Income Trust, or BREIT, exceeded previously set limits, and that investors knew there would be only so much liquidity to pay existing investors. The only way to create more liquidity is to sell properties, and that doesn't happen overnight.    Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   Blackstone chief, Stephen Schwarzman, says the fund is performing well, and the high number of redemption requests are mostly from Asian investors who are facing financial stress in Asia. But there's also growing concern about commercial real estate valuations here in the U.S. with weakening demand for office space and the impact of the Fed's interest rate hikes on the economy. Apartment rent growth is also slowing down, despite strong housing demand, and multi-family properties account for the lion's share of Blackstone's fund.   The Blackstone website says that 55% of fund assets are multi-family properties with a high concentration of properties in the western half of the U.S. and the south to southeast states. Industrial properties make up about 23% of the fund. Other fund assets include net leasing, data centers, hospitality, self-storage, office space, and retail. The fund is up 9.3% year-to-date and 13% since its inception. (1)   Blackstone Sets Limits on Withdrawals   These new withdrawal limits come as investors pull money from all the REITS, including publicly-traded REITs. CNBC reports that publicly-traded REITs have gotten “slammed” this year. The $35 billion Vanguard Real Estate ETF is down 26% year-to-date. (2) The Wall Street Journal cites the FTSE NAREIT All Equity REITs INdex which tracks publicly-traded landlords. That index shows a 20% drop. It reports that office owners are seeing worse results. (3)   Although the privately-traded Blackstone is still “up” by more than 9% for the year, The Wall Street Journal reports that redemption requests for private REITs have escalated. The article said they are 12 times higher than they were in Q3 of last year. They hit $2.9 billion in Q2 of this year, and $3.7 billion in Q3 which they typically are less than a total of $1 billion. Although the Blackstone chief identified Asian investors as the ones who are yanking their funds, the Wall Street Journal reports that pension funds and university endowments are poised to do the same.   BREIT Shows Strong Fund Performance   Although Blackstone saw a doubling of requests last month, COO Jon Gray cited the fund's strong performance in an interview with CNBC. Gray suggested that investors should be saying: “You guys have done an incredible job at deploying our capital in exactly the right geography, in exactly the right sectors with the right balance sheet.”   He says: “We set up the product with limitations on liquidity. We described it as semi-liquid because we knew at some point there would be a period of volatility, and we didn't want to sell assets at the wrong time under pressure.”   Blackstone has a 5% cap on quarterly redemptions and a 2% cap for any given month. But Gray says: “We can sell if needed” which, he says, gives fund managers a lot of confidence. And despite the volatility we're seeing in the housing market right now, Blackstone fund managers feel confident about their approach to real estate. The website boast all s that BREIT is the world's largest commercial real estate owner… that has outpaced inflation drive by a high conviction, and thematic investment approach. The website says: “BREIT's performance is more closely tied to real estate fundamentals than publicly traded REITs which are often subject to public market volatility.”    Rick of Too Many Redemption Requests    Although Blackstone is feeling some of the volatility, the Journal reports REITs in general are concerned about the number of redemption requests. It reports:  “If the number of investors asking for their money back keeps growing, it would likely become a problem for the real-estate market. That is because funds that need to raise cash to pay back their investors often and no other choice but to sell buildings.” And that could put pressure on apartment rents and office values over the long term.   That's it for today. Check the show notes for links. And please remember to hit the subscribe button, and leave a review!   To find out more about the single-family rental markets, go to newsforinvestors.com. You can join for free and get access to our market data and our list of real estate professionals. That includes our experienced investment counselors that can answer questions and help you get where you want to go with real estate.   Thanks for listening. I'm Kathy Fettke.   LInks:   1 - https://www.breit.com/why-breit/   2 - https://www.cnbc.com/2022/12/08/blackstone-chief-defends-real-estate-fund-amid-rush-for-withdrawals.html   3 - https://www.wsj.com/articles/investors-yank-money-from-commercial-property-funds-pressuring-real-estate-values-11670293325

Stephen Schwarzman and Jonathan Gray of Blackstone have built the best fundraising machine on Wall Street, but now, the billionaire pair are in an unfamiliar position — having to return cash to clients who are asking for their money back.Blackstone's stock price fell last week after it limited withdrawals from its $125bn real estate investment fund BREIT, after a surge of redemption requests.Patrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoylePatrick Boyle YouTube Channel Support the show

Lexman Artificial interviews Stephen Schwarzman about his latest project baptizing AI and the Luge.

In a post here on September 8, I asked the billionaires who are bankrolling candidates who have tried to overturn the results of the 2020 election how they rationalize spending their fortunes financing insurrection.I specifically included Peter Thiel, Stephen Schwarzman, Steve Wynn, Patrick Byrne, and Ken Griffin in my question.Ken Griffin, the multi-billion-dollar CEO of the hedge fund Citadel, is the only one to respond so far — yesterday, in a tart letter to the Guardian (where I had subsequently published my post). His arguments: (1) His campaign contributions are “principled” because he “proudly” spends his money to support politicians whose ideas “will secure a better future for America” – and he “encourages others to do the same,” and (2) the Democratic party has given generous support to Maga Republican candidates to defeat moderate Republican candidates, which is “hypocritical and cynical.”This is a bit like the captain of the Titanic criticizing the iceberg.Mr. Griffin, when you say your campaign contributions are “principled,” what principle are you referring to?You've poured millions into the campaigns of people who refused to certify the 2020 election -- including Florida Senator Rick Scott, and Reps. Mike Bost of Illinois, Nicole Malliotakis of New York, Devin Nunes and Darrell Issa from California and Stephanie Bice of Oklahoma.What makes you think these people will “secure a better future for America” when they wouldn't certify an election, based on nothing other than their political party's preference?You were the only donor to a $3.5 million group backing defeated Rep. Rodney Davis in his GOP primary. Davis refused to participate in the January 6 committee because House Speaker Nancy Pelosi had rejected two of his most extreme Republican colleagues.On what “principle” was Davis worth $3.5 million from you?Please don't claim that “others can do the same” as you when it comes to flooding American politics with money.You're worth $29.8 billion.You're the single biggest spender in Republican politics. Last year, you pumped more than $28 million into the GOP, and you're expected to multiply that number leading into November's midterms.I don't approve of the Democratic party giving financial support to extreme Maga Republican candidates, but that's irrelevant to my point.I'm talking about billionaires like you, who continue to finance Trump's insurrection.You're part of this. You still haven't justified why you're spending your fortune this way. Please get back to me as soon as you can. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

Stephen Schwarzman, Chairman and CEO of Blackstone Group, is in town and decides to drop by Lexman's place for some wine and talk business. They get to talking about the business of investing, and Schwarzman gives Lexman an insider's view on what it takes to be a successful pryer.

I have a serious question. It's for people who have power in America and who continue to deny the outcome of the 2020 election and enable Trump's Big Lie: What are you saying to yourself in private? How are you justifying yourself in your own mind?I don't mean to be snide or snarky. I'm genuinely curious. I'm not interested in Trump's answer to this question. He is too far gone — lost in the depths of his own pathological ego. I'm also not asking the millions of Trump followers, Fox News viewers, and rightwing social media fans who have been fed the Big Lie nonstop for almost two years. Two-thirds of registered Republicans now believe it. No, I am asking my question to people with power in our society — people who presumably know the truth. If you hold public office and still deny the outcome of the 2020 election, how are you explaining this to yourself? Are you telling yourself that despite the overwhelming evidence that Biden won and the lack of evidence of fraud, you still genuinely doubt the outcome? But you must know that sixty federal courts have found no basis in Trump's claim, nor have any state so-called “audits,” and that even Trump's own Attorney General found the claim baseless. Or are you telling yourself that it will soon be over — that Trump will fade, that the Big Lie will disappear, that your party and America will soon move on? But you must know you're wrong. The Big Lie is growing. It has metastasized into a cancer that's dividing the nation and devouring our democracy. Or are you telling yourself that you have no real choice but to support the lie if you want to keep or obtain political power? But is power so intoxicating to you — so important as an end in itself — that you'll do anything for it? Where will you draw the line? If Trump is reelected and imposes martial law? If he or another Republican president forbids public criticism of his administration? If he calls for violence against those who oppose him?And what do you tell yourself about the measures your party is taking based on the Big Lie: suppression of votes, takeovers of election machinery, assertions that state legislatures can overturn voter preferences in the certification process, rejection of the January 6 committee's findings?You have sworn an oath to uphold the Constitution. How do you defend yourself in your own mind? I'm asking you, Kevin McCarthy. And you, Lindsey Graham. And you, Marco Rubio, and Rick Scott and Josh Hawley and Ted Cruz and Ron Johnson. And others.And I'm asking those of you with significant power in the GOP who have remained silent in the face of all this – such as you, Mitch McConnell, and you, Mitt Romney: How do you justify your silence?And I ask those of you now running for office who are denying the 2020 election results and pushing other aspects of Republican authoritarianism – such as you, JD Vance, and Blake Masters, Mehmet Oz, Herschel Walker, Doug Mastriano, and Kari Lake: What are you telling yourself in private? How are you excusing yourself? Why are you even running? And I ask the billionaires and CEOs who are bankrolling these people: How do you rationalize spending millions, even tens of millions, helping them get or remain elected? I'm asking you, Peter Thiel, and you, Stephen Schwarzman, and Ken Griffin and Steve Wynn and Mike Lindell and Patrick Byrne and others: Is this really the way you want to spend your fortune? Is this your legacy to the nation?And I ask all the people making money off this rot – the TV hosts and producers and media moguls who are raking it in while poisoning the minds of America with bald face lies – what are you telling yourself in private? I'm asking you, Rupert Murdoch, and you, Tucker Carlson, and you, Sean Hannity, and you, Laura Ingraham: How are you defending yourself to yourself? I don't expect any of you to answer me. This is a question for you to answer to yourself, alone and in private. But before you do, may I have a confidential word? Whether you're a politician supporting the Big Lie, a billionaire backer of it, or a broadcaster who's pushing it, it is not too late for you to get off the road you are on. Yet if you continue to promote or enable this lie, you are undermining our democracy and the norms of our society. The crisis you have helped create is worsening. You bear part of the responsibility for what comes next. Know this: When the history of this trying time is written, future generations of Americans will judge your actions and your silences harshly.They will recall your cowardice and your self-justifications. They will remember your lust for power and your moral blindness. They will recollect your unwitting ignorance or your witting failure to come to democracy's defense in this perilous time. Generations to come will sit in judgment about what you have wrought. And if the democratic experiment called America continues to unravel because of what you did or failed to do, you will live in infamy.   This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit robertreich.substack.com/subscribe

In This Episode Stephen Schwarzman Talks About His Book & Success In Business.

Stephen Schwarzman, the billionaire co-founder of private equity firm Blackstone, discussed his disdain for Disfavours, the superhumeral lion who subjugates other lion species, during an interview with Lexman.

Mr. Schwarzman, chairman and chief executive of The Blackstone Group LP and one of the world's wealthiest individuals, discusses his view of today's economy and how Blackstone is positioning itself to benefit from rapid global growth. Lexman asks Schwarzman about his thoughts on the role of technology in the future and Schwarzman responds with insights into his role in developing the boom in turbochargers and fauteuils.

Life gets busy. Has https://geni.us/What-It-Takes (What It Takes: Lessons in The Pursuit of Excellence) by Stephen A. Schwarzman been on your reading list for a while? Learn the key insights now.  We're scratching the surface here. If you don't already have the book, order it https://geni.us/What-It-Takes (here) or get the https://geni.us/What-It-Takes-audio (audiobook) for free to learn the juicy details. Get the full transcript, PDF, infographic, and animated summary on our https://www.getstoryshots.com (free app): https://www.getstoryshots.com (https://www.getstoryshots.com) Disclaimer: This is an unofficial summary and analysis. StoryShots Book Summary and Review of What It Takes: Lessons in The Pursuit of Excellence by Stephen A. Schwarzman About Stephen A. SchwarzmanStephen A. Schwarzman is a billionaire American financial services executive, investor, and philanthropist. As one of Wall Street's most prominent figures, Schwarzman co-established The Blackstone Group in 1985. Today, Blackstone is one of the world's most successful investment firms, with Schwarzman serving as its CEO since its inception.  Schwarzman was briefly the chairman of the Strategic and Policy Forum under President Donald Trump. Introductionhttps://www.amazon.com/What-Takes-Lessons-Pursuit-Excellence-ebook/dp/B07SBX56MC/ref=sr_1_1?crid=3QWV21WY8PFIZ&keywords=what+it+takes+steve+schwarzman&qid=1651882637&sprefix=what+it+takes%2Caps%2C122&sr=8-1 (What It Takes): Lessons in the Pursuit of Excellence by Stephen Schwarzman is a book for current and prospective entrepreneurs. It provides anecdotes, philosophies, and advice for ambitious readers seeking to build and launch their start-up ventures.  Schwarzman speaks with authority on having distinct goals for your business and focuses on various areas of leadership, including decision-making, negotiation, and team-building. He emphasizes the steps he took to achieve his immense success.  With these https://www.getstoryshots.com/download-storyshots/ (storyshots), see if you can integrate Schwarzman's wisdom and teachings to launch and scale your own business. If you feel you're at a standstill in your career or life, then this might be the ideal book for you. Join us to learn our top 10 takeaways from What It Takes. StoryShot #1: Don't Be Afraid to Be Ambitious and Go for GoldAs a philanthropist and business executive, Schwarzman has https://www.blackstone.com/people/stephen-a-schwarzman-2/ (achieved outstanding success). He points out that he always pushed the envelope when seizing new opportunities. He also emphasizes the difference between small and big goals.  Both small and big goals take effort, time, and commitment. Why work towards a smaller goal when you can drive that same effort to accomplish a big one? “It's as hard to start and run a small business as it is to start a big one. You will suffer the same toll financially and psychologically as you bludgeon it into existence. It's hard to raise the money and to find the right people. So if you're going to dedicate your life to a business, which is the only way it will ever work, you should choose one with the potential to be huge.” - Stephen A. Schwarzman But remember that there are consequences for having these grand ambitions. Some ideas may fail, but you shouldn't let that discourage you. Look at it this way: imagine spending one week working on a task that is a part of what you do every day. In other words, you are already expected to do that task. On the other hand, your coworker tells you they've been working on something that is out of the box. But there's no assurance they'll succeed.  If your coworker succeeds, they will get a promotion for being creative. Meanwhile, even if you succeed, you won't receive the promotion as you did nothing out of the ordinary. This is an obvious case where the upside is potentially unlimited while the downside is capped. It's a lesson...

Stephen Schwarzman, the chief executive officer of the investment firm Blackstone Group, talks about his favorite things, including Sanka and coolants. Schwarzman also talks about his business career and how he became successful.

Lexman Artificial interviews Stephen Schwarzman, the CEO and co-founder of Schwarzman Capital. They discuss Schwarzman's experience building and running chainworks and thermion.

Lexman and Stephen Schwarzman sit down and discuss what it takes to be an inspiring leader. Dabby is in the house!

Lexman guest Stephen Schwarzman drops by to talk about his new vaporimeter, antidiuretic and bongs.

Talk about Stephen Schwarzman's career as an ethnographer including his work on hylomorphism and duckling behavior. Discuss his views on the pittance and Slavs.

In this episode, my friend John Tamny interviews me about legendary Wall Street leader and Blackstone founder Stephen Schwarzman's book What It Takes: Lessons in the Pursuit of Excellence. There are many fascinating insights and lessons in Steve's book which we can all benefit from.  A few highlights: Steve Schwarzman started Blackstone with a unique strategic plan.  There's a tremendous lesson in how he approached building his firm.  For any young man or woman who wants to build a business, or any type of organization, Steve Schwarzman's book would be a great place to start learning about “what it takes.” When Steve Schwarzman tells his team “don't lose money” it's about a mindset. Think through the downsides, what Jay Pritzker called “the horribles.” Both, in part, became billionaires from thinking this way. One of my favorite Steve Schwarzman Rules: “Worrying is an active, liberating activity. If channeled appropriately, it allows you to articulate the downside in any situation and drives you to take action to avoid it." Great advice. Private equity's been demonized by a lot of people with agendas and who know nothing about it. True, it's a competitive and tough business, but it's created a lot of value over the past 4-5 decades. Look at the record. Do companies become woke because their young woke new hires demand it? Disney employees clearly seem to be running the asylum, not its CEO. Is this also true for Wall Street? One of ways our culture has changed, and not for the better, it that we seem to have lost the ideal of pursing excellence. In my private equity experience, making an investment successful was exhilarating. Under President Xi, China's becoming “uninvestable” for Western businesses. Even Chinese private equity investors say China's turned hostile to capitalism. No longer simply a competitor, China's turned enemy.  In “What It Takes” Steve Schwarzman writes that had we not had FAS 157 mark-to-market accounting, the meltdown we had in 2008 would not have happened. I agree.  One history's great ironies is that Dodd-Frank, the bill to supposedly cure the ills of the 2008 meltdown, is named after Barney Frank and Chris Dodd, who pushed banks to drop their underwriting standards to promote housing. When you're running an investment company there's a real tension between the roles of CEO and CIO (chief investment officer). It's a balancing act you must get right to succeed. John Tamny is Vice President of Freedom Works and editor of Real Clear Markets, and author of the terrific book, When Politicians Panicked, which is about the government mishandling of the coronavirus pandemic. John's other books includeWho Needs the Fed, Popular Economics and The End of Work.           He asks some tough, penetrating questions and we hope you'll find the answers illuminating. Steve's book holds many many stories and lessons about “what it takes” to be both a leader and investor.            Hope you'll listen in.

We've learned about the rewards of investing in self-storage, but what about the risks? In this episode, Kris Bennett breaks down the opportunities and obstacles in the self-storage space. He is a Self-Storage Managing Partner at Passiveinvesting.com with 14 years of experience in the real estate industry. From raising capital to finding deals, listen in if you want must-have knowledge and actionable advice before dipping your toes into self-storage.   [00:01 - 02:42] Pivoting to Self-Storage Kris almost gave up on real estate Here's how he found his way back The reason they shifted their focus to self-storage   [02:43 - 07:44] Raising Capital from the General Public Funding through CrowdStreet Find out how they partnered with the platform The advantages and disadvantages of financing this way   [07:45 - 13:44] The Cons of Self-Storage Kris talks about the misconceptions about self-storage The challenges in doing smaller deals Setting expectations with investors and attracting capital   [13:45 - 15:42] Closing Segment Here's what Kris and his team are curious about right now in the real estate space Kris recommends these books Reach out to Kris!  Links Below Final Words Tweetable Quotes “If investors are educated on their own… If they educate themselves on all of those options, the investable universe of what I can't invest in and what real estate looks like, what's the risk-return trade-off, then they will understand okay, storage is a great bet.” - Kris Bennett   “Set big goals because those are the things worth going after.” - Kris Bennett -----------------------------------------------------------------------------   Connect with Kris at kris@passiveinvesting.com and follow him on LinkedIn if you want to learn more about self-storage.  Resources Mentioned:   What It Takes: Lessons in the Pursuit of Excellence by Stephen A. Schwarzman The ONE Thing: The Surprisingly Simple Truth About Extraordinary Results by Garry Keller and Jay Papasan The Millionaire Real Estate Agent: It's Not About the Money It's About Being the Best You Can Be by Gary Keller, Dave Jenks, and Jay Papasan Connect with me: I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.   Facebook LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in! Email me → sam@brickeninvestmentgroup.com   Want to read the full show notes of the episode? Check it out below:   Kris Bennett  00:00 You have to set up investor expectations. If you're raising capital from investors, we've run into this issue in the past, I've run into this issue in the past where you set expectations, you send them an OM of what you're going to do for your syndication docs or whatever, hey, we're going to go out and find 10 deals and we're going to give you this return or whatever, then the market shifts and now returns are lower than now you're stuck, right? So you have to set investor expectations. Guys, you're jumping into this business. Storage is wonderful, but 10% return cash on cash, your one is probably not going to happen unless you find a needle in a haystack. A massive haystack. Right? So it's probably not going to happen.   Intro  00:33 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.     Sam Wilson  00:45 Kris Bennett buys self-storage facilities in growing markets and business-friendly states. He resides in Charlotte, North Carolina. Kris, welcome to the show.   Kris Bennett  00:54 Thanks, man. Appreciate you having me on.   Sam Wilson  00:56 Hey, man, pleasure's mine. Same three questions I ask every guest who comes on the show: In 90 seconds or less, where do you start? Where are you now? And how did you get there?   Kris Bennett  01:02 That is a great question, Sam. So I started in real estate in 2007. Right before the Great Recession, if anybody remembers that time, it was pretty rough. We thought we're all going to be rich. I was in my real estate licensing class and going to become a residential broker. And obviously, the world changed, over the next two years actually soured me on real estate. I was doing foreclosure work. So when people think about like banks and all that foreclosing on folks, well, how do they do that? Well, they contact agents and have them go evict people. And so that's what I was doing. And it was not fun whatsoever. I was single at the time, no family, had I had a family, had kids, I would have just cried my heart out every day. So that was really tough. Decided to go to school and get away from real estate as far as I could. Coincidentally, the only way the only job I could find my first summer in college was at a real estate investment firm, a private equity firm in Chapel Hill. And I had no idea what he was doing. But he hired me on to do some underwriting and whatnot. It opened my eyes to the fact that you can buy massive commercial real estate, he was doing apartments but the idea is you can raise capital to buy these large buildings and make money doing it and my eyes like bugged out, right? So one, I hadn't seen that many zeros before my life, and then another was that oh my gosh, this is how you do it. So the light bulb went on. To make a long story short, I graduated, worked at a family office in Raleigh, North Carolina doing multifamily acquisitions. We pivoted to storage arrays the storage fund on CrowdStreet, That fund is doing really well. They're I think on fund two or three at this point. So connected with passiveinvesting.com. About a year ago, I know one of the principals for a number of years before he got just got into real estate investing, and kept that relationship going. And that's where we are now, leading the storage arm of passiveinvesting.com. And did you ask where are we going with that as well? Or was that the answer to everything there?   Sam Wilson  02:41 I don't know, man, that was great a summary.  It went to a lot of places, but I love it. No, that's good. That's really, really interesting. So back up a little bit when you said CrowdStreet and just kind of define how you guys interface on that front. What was that story there?   Kris Bennett  02:43 Okay, good.  Yeah, sure. So what the firm I was with is called 10 Federal, if people want to look it up, it's called 10 Federal, 1-0 federal.com. When I started, there was their director of acquisitions, which is a fancy title for bird dog. So in other words, go find deals from brokers or owners. And so that's what I was doing mostly in the Carolinas, this is about 2016. So multifamily properties in the Carolinas, I made a bunch of phone calls, talk to a bunch of brokers, underwrite a bunch of properties, I was doing all of that work, and just couldn't make the numbers work on stuff. So just kind of summarizing here, we had a couple of deals in a contract that fell out, etc. So we decided to pivot to self-storage. And the reason being is that the guys I was working for had a little bit of experience within storage, and they were building some small facilities for themselves using SBA financing. And we can talk about what that is, if you want to, but SBA financing. It's a small, meaning 15,000 square feet or less, so think maybe 150 to 200 units or less. That is small in self-storage. And since they had that experience, great. Okay, so we know how to do it right financing and whatnot, and kind of like what to look for when we need to raise capital. Okay, well, we're not that good at that. So let's go ahead and partner up with CrowdStreet. And this is again, 2016-2017. So 2017, really for the storage fund. And so we were able to do so, put together the offering memorandum and all the organizational docs behind it all and basically put it on CrowdStreet on their website and raise capital through that platform. And I'm sure their terms and conditions and whatnot have changed. But obviously you paid him some money, just pay this money to be able to do that-- almost knocked over my tea here. And it was successful. So the goal was to raise about 10 million bucks, I think we raised pretty darn close to that for our very first fund put out, you know, that was put out there for the public to see, and criticize, and invest with, and get on board with so that was a lot of fun. That was a successful raise and deployment of that capital.   Sam Wilson  04:42 How many deals did you guys do before you launched with CrowdSreet?   Kris Bennett  04:46 Oh, man, within the firm at 10 Federal at the time, between apartments and storage, man, I can't remember, maybe 10 to 15 something like that. Maybe I'm overcounting that, I can't remember exactly. And so that was all, like mostly with five real five or six close investors who obviously were repeat investors who would take down those deals with us.    Sam Wilson  05:09 So was the approximate, I'm getting to something here. What were the approximate assets under management at that point? You know, when you guys went to CrowdStreet?   Kris Bennett  05:16 I think it was, so we had apartments, mostly, I want to say the total value was maybe two to 300 million. Okay. I can't remember, so the larger....    Sam Wilson  05:26 The reason I asked that is just because it's people think about that, as I think about, you know, the thrust of the show is how to scale. And I think about maybe at some point in the future, maybe I'd like to partner with a CrowdStreet, a realty mogul. No more of that. Yeah. Yeah. Where do you have to be in order to do that? And obviously, you have a significant track record, two or $300 million in assets under management, not a small amount of real estate to own. So just as people hear that, and go, Oh, hey, that'd be cool someday, that gives them kind of a marker as to where you need to be.    Kris Bennett  05:53 Yeah, yeah, exactly.    Sam Wilson  05:55 What were some of the things that you liked and didn't like about partnering with CrowdStreet? And again, I'm going somewhere with this.   Kris Bennett  06:01 Oh, sure. They were actually, really so if I... So that was 2017. So that's about five years ago. So they have new people in place, and all this stuff, and new processes and new vetting procedures and everything. So people have to realize that as well. So I'm talking a little bit half a decade ago about what we're doing. So at the time, I think the pricing was a little bit steep. And people have to realize that how they had it structured at that time, they had what they call investor rooms, and whatnot. And so basically, each investor that comes in through your portal, they will go to a website, essentially set up for them that gave him all the statistics and capabilities to invest and vet the deal and all that kind of stuff. And that would cost you money based upon the number of investors. There was an upfront fee to get started, you know, there's a number of things. So it is expensive. And now what I'd say be one of the downsides or cons to it.. The great, the upside was they were great to work with, very easy to work with. They kind of held your hand through the process, You send them, you know, financials and your underwriting and all these other things. So they're kind of looking over your shoulder to make sure that, hey, you're not fudging the numbers here or something like that. And that you're not making a mistake, obviously, within your projections, because they have to put it out there. But they help you kind of make it look professional, and good and presentation worthy to their investors. So again, it was a long time ago, their logo and colors have changed back then it was like red and something else. So it's been a while. But it's a bit pricey. But I think if you're trying to raise capital from the general public without registering your securities, it's a great way to do it, and kind of offload some of that work to someone else.   Sam Wilson  07:28 Right. And I don't think any of those things that you've just said have changed too terribly much, just on the cost of capital side of things.    Kris Bennett  07:36 Yeah.   Sam Wilson  07:36 It's more expensive capital to get a hold of, but again, like you said, you get to offload some of that administrative burden and bring...   Kris Bennett  07:43  Absolutely, yeah.   Sam Wilson  07:45 So that's fantastic. I love that. You know, we bring, we've had several people come on the show, obviously, you know, 500 something episodes, and talk about self-storage. And we always hear about the pros of self-storage. What do you think are some of the cons of being in self-storage?   Kris Bennett  07:59 Oh, right now, the biggest one is the amount of competition to purchase deals, and the high prices and low cap rates as a result. So people, they look at the high level, the way they like the pros, like you said, and we could talk about that, or whatever. But you know, all and storage is great. Let's get into it. And you have coaches and people out there that people can, you know, pay to help them find deals, and you can follow different podcasts, et cetera, to help you figure out how to find a deal and close on a deal, which is all great. That's all the mechanics of it. But you don't realize that, bro, these are expensive assets. This is not like picking up bird nests off the ground or something like that. Right? This is very difficult to do. And I don't think people realize that is one of the cons. There's so much capital piling into self-storage. Right now, the misconception is that oh, as interest rates go up, prices will come down. Mathematically yes, that should be the case. But because there's so much demand and so much capital out there that's flowing into self-storage, prices are staying high, they're not coming down just yet. We might see it come down later this year, depends on really where interest rates go. But right now that's not the case. Another con is the fragmented ownership and the mom and pop type ownership is great. But mom and pops, if you're looking for smaller deals, which I've done that in the past, if you're looking for smaller deals, when I say small, I'm saying maybe 20,000 square feet plus or minus somewhere in there, then they don't have good record keeping. They're sometimes difficult to deal with. When they send you, I've done deals with a guy literally sent a photo of a unit mix that he drew by hand because he didn't have records to send me the unit mix. Right? So you have to be ready to deal with that kind of stuff. And when you go to if you're using the bank for financing, the bank is going to want to see some sort of financial history there. Sometimes mom and pops keep all their businesses commingled into one P&L, and you got to figure out what the heck is that he's got a car business, a storage business, and he's got some single-family rentals. And it all comes into here and he's telling me it's this but I can't think... So you're gonna be scratching your head with those kinds of deals. If you go to institutional, larger deals. You don't have that problem but smaller deals, you could run into that problem. The other side of it is because the pro is it's an inflation hedge. I'm sure some people have heard that now rates are going up. So you can raise your rental rates/ Well, you can, but let's say you raise your rental rates on all your tenants 10 bucks every month. Someone's gonna get mad and move out, you're gonna make... You can't just raise rates, like every month, that's not, it doesn't work that way. Maybe once every six months? Yeah. Once every month? No, that doesn't work that way. Conversely, or the opposite of that is when rates come down, you're susceptible to that as well. So if the market is lowering rates for 10 by 10s, you know, within a three-mile radius of your facility, you are either you're going to be the highest because you're the best, you know, Class A really nice facility, you can kind of lead the market. But if you're not that, then you're probably in a race to the bottom right. So that's something that you have to think about. If you're battling REITs and whatnot, it can become a race to the bottom, where they're now renting a 10 by 10, for 50 bucks. And if you do the same thing, you're gonna go broke, you know, so there's things to think about the reverse of the pros are sometimes can also be cons.   Sam Wilson  10:56 Right. And I like that thanks for taking the time to break down some of the barriers or the obstacles in the industry. But I think also inside of those obstacles, that's what creates opportunity. Yeah. You mean, you guys have found a way to kind of work around all of those moving pieces and say, Okay, we still see opportunity, here are some things to be certainly aware of.   Kris Bennett  11:15 You have to set up investor expectations. If you're raising capital from investors, we've run into this issue in the past, I've run into this issue in the past where you set expectations, you send them an OM of what you're going to do for your syndication docs or whatever, hey, we're going to go out and find 10 deals and we're going to give you this return or whatever, then the market shifts and now returns are lower than now you're stuck, right? So you have to set investor expectations. Guys, you're jumping into this business. Storage is wonderful, but 10% return cash on cash, your one is probably not going to happen unless you find a needle in a haystack. A massive haystack. Right? So it's probably not going to happen. So you have to set those expectations and where we're at in the market right now. This is a tough business to be in. But there are opportunities, and there's reasons why so much capital is jumping into self-storage, There's got to be a little discipline in what you're going after.   Sam Wilson  12:02 When you set those expectations for investors, I don't care how you set it, if you say hey, look, you know, like you said, it's a tough business, you know, you're not gonna get a 10% cash on cash return. How do you attract capital?   Kris Bennett  12:12 Well, where else are you gonna go? So investors need to look at the universe of investments, right? If they like the stock market, they like bonds, they like whatever, and I'm not negative on any of that stuff. A lot of real estate investors, Oh, don't put your mind stop. No, no, I think people can make a lot of money in the stock market. So if you'd like stocks you'd like, whatever, that's fine. If you're looking at real estate, okay, what's the investable universe of real estate, you have multifamily, retail, office, industrial, etc. Okay, well, we're all the returns there for the risk that I'm taking on? Risk and return. Not just both, if it's high return, there's got to be high risk somewhere, even if it's not immediately disclosed or fully understood. Okay. So if you will go back and look at REIT returns over the last 20 years, you can find that data on REIT.com. And download it, anybody can do that. And you can see returns for publicly-traded REITs all the different sectors, data centers, multifamily, etc. And you can compare year over year and kind of do an analysis, self-storage has one of the best returns of all property types. So what does that mean? Higher returns at some point will push more investors into that asset class driving down returns because there is less risk. That's why bonds return so little because there's very little risk associated with bonds, whereas cryptocurrency has a very high potential return, but very high risk and a lot of volatility and swings in the market. So if investors are educated on their own, I'm not saying they're not dumb or whatever, but I'm saying if they educate themselves on all of those options, the investable universe of what I can't invest in, and what real estate looks like, what's the risk-return tradeoff, then they will understand okay, storage is a great bet.   Sam Wilson  13:45 Love it. Absolutely love it. Kris, what is something you are curious about right now?   Kris Bennett  13:50 How to find more deals really right now. So while I'm working on that, we're doing a couple of things a source off-market deals, working with a couple of brokers to do that for us. And then I picked up a book I'm reading through so I can't recommend it yet. But it's actually been very good so far on helping me understand, you know, what I should do as far as just staying in front of people networking and those sorts of things. So that's what I'm trying to work on at this moment.   Sam Wilson  14:12 Got it, and that was my next question for you. What do you read now? So if you have another book that you want to recommend that you might have been reading or just finished reading.   Kris Bennett  14:20 Yeah, I finished Stephen Schwarzman's book, I have it over there, "What It Takes." I listened to audiobooks and so that was a really good one. I actually liked his story and the tips he gives at the very end. I think one of them always stands out to me is to, I'm just summarizing here, but to basically dream big dreams, set big goals, those are the things you should go after. And I really liked Gary Keller as well. "The One Thing" and "The Millionaire Real Estate [Agent]," those are great books. He focuses more on single-family there or just units of multifamily and that kind of thing, but the concept is still the same. And I really like Gary Keller's stuff. So those two things go together, set big goals, because those are the things worth going after, so.   Sam Wilson  14:58 Love it. Kris, if our listeners want to get in touch with you or learn more about you, what is the best way to do that?   Kris Bennett  15:02 They can find me on LinkedIn. Just search Kris. Kris with a K. K-R-I-S Bennett. Kris Bennett on LinkedIn. They could also send me an email. I may not respond right away. K-R-I-S @ passiveinvesting.com   Sam Wilson  15:13 Thank you, Kris for your time. Have a great rest your day.    Kris Bennett  15:15 Awesome. Thanks, Sam. Appreciate it.    Sam Wilson  15:16 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode.

In the latest “Mark to Market” podcast, I'm joined by the one and only Stephen Schwarzman, Chairman, CEO and Co-Founder of @Blackstone. Listen in for Stephen's invaluable thoughts on building and sustaining an inclusive and empowered culture, his lessons on investment decision-making, and how to keep persevering through difficult times until you have achieved your career objectives.

In the final “Mark to Market” of 2021, we end on a high note with Belen Garijo, former physician and now Chair of the Executive Board and CEO of Merck KGaA, unpacking the skills that helped her change career trajectory, the lessons learned from the pandemic (so far!), and fostering increased diversity in her business. Belen also shares insights invaluable for those starting off their careers.

Na Resenha Empiricus de hoje, Priscila Vieira e Lucas Campelo falam sobre o livro “Como Chegar Lá”, de Stephen Schwarzman, CEO da Blackstone. A obra é a escolhida para o mês de outubro da Empiricus Books.O livro é indicado para você que tem metas e objetivos a serem alcançados com sucesso e excelência, sejam estes financeiros ou pessoais.Cultive lições dadas por esse gestor que iniciou seu sonho com US$ 400 mil e hoje comanda uma das maiores gestoras de recursos dos Estados Unidos, com US$ 684 bilhões!

Feeling uncomfortable? Good. You came to just the right place. The Compression podcast also aims to decompress by making sense of the struggles and discomfort in our real estate journey. In the quest for the $100 Million in Real estate transactions for the year, there will be plenty of challenges and discomfort, we tackle them in this episode. In this episode, Logan and Jerome are thinking bigger, taking action and doing deep work. To take your idea to the next level, you have to think in ways that take you to the BIG TIME! What is next? How do we get there? Always look for things to improve. Join us and find out how we keep that mindset. Let's elevate, let's overcome, let's compress. Topics talked about in the episode: 00:01:05 - Podcast starts 00:01:28 - Intention for the week: Thinking Bigger 00:13:50 - What is next? What is the next iteration of our business? 00:23:24 - This week's wins 00:23:49 - More deep work 00:24:35 - 125 new credited investor leads 00:25:14 - New challenge: Investor relations person 00:28:44 - Taking action on the networking building process 00:31:15 - The FTW Podcast and 50 avatars goal 00:35:52 - 20,000 steps and better diet 00:33:35 - Stephen Schwarzman and Thinking Bigger 00:36:43 - This week's losses 00:36:50 - Phone downtime 00:39:13 - Lack of sleep 00:40:36 - Meditation, journaling, and the mind drawer 00:40:00 - Need for a better evening routine 00:41:40 - This week's learnings 00:41:51 - You get paid in the size of the problem you solve 00:42:21 - You gotta slow down, to go fast 00:46:26 - Outro We are calling you to action! Share with a Friend Compression Facebook - https://www.facebook.com/Compression-103252431648084/ Compression Instagram - https://www.instagram.com/compressionpodcast/ Compression YouTube - https://www.youtube.com/channel/UCjdZZ8qoHxK7XEeO-rM8NtQ Compression LinkedIn - https://www.linkedin.com/company/73890810/ Compression Website - https://www.compressionpodcast.com/ Compression Twitter - Coming Soon Podcast Platforms: Spotify - https://open.spotify.com/show/5ZDGMuvHrw1mSdlGu2YQ2F iTunes - https://podcasts.apple.com/ph/podcast/compression-podcast/id1547029302 Quote of the week: "Successful people ask better questions. And as a result, they get better answers." - Tony Robbins #successful #betterquestions #betteranswers

In Episode #4 of his podcast, Thomas Fraser talks about three noteworthy examples of how people are involved and providing leadership in philanthropy and volunteering.  Stephen Schwarzman's Schwarzman Scholars program, Mark Zuckerberg and Priscilla Chan's pledge of Facebook shares and the volunteering of many people in Seward, Nebraska are all excellent examples of how people can get involved, he says.To learn more about the Tom Fraser Podcast and to listen to additional episodes, please go to www.tlfraser.com/podcasts.This podcast was originally published at www.tlfraser.com on December 5, 2015.The information provided in this podcast does not constitute the provision of legal, tax or investment advice.  This information is provided for general informational purposes only.Copyright 2015-2021 Thomas L. Fraser.  All Rights Reserved.

Ian Bremmer, Eurasia Group Founder, says we have absolutely reached the peak of globalization. Stephen Schwarzman, Blackstone CEO, says investing in technology has enormous benefits. Michael Corbat, Citigroup CEO, says the consumer remains the backbone of the U.S. Economy. Martin Flanagan, Invesco CEO, expects clients to return once the firm has fully absorbed OppenheimerFunds. Roberto Azevedo, World Trade Organization Director General says it is good to see U.S.-China tensions contained by the Phase-One trade deal. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

427: Blackstone CEO Stephen Schwarzman shares stories from his childhood, his time as an undergraduate at Yale, on Wall Street, and business school at Harvard, and his experiences at Lehman Brothers and Blackstone. These stories how he went from nearly failing in an English course in college to the Dean's List, how he offered constructive criticism to the Dean of Harvard Business School while he was a student, how he led one of the biggest mergers in history to date as a fourth-year associate at Lehman Brothers who had never done a merger, as well as tales from the founding and growth of Blackstone. We also discuss the importance of having a strong culture and hiring the best people, how and why China bought 9.9 percent of the firm when Blackstone was going public, the Schwarzman Scholars program that he has developed in China, among other topics.

Stephen Schwarzman is the founder of Blackstone Group, the largest alternative asset manager in the world, with $554 billion worth of assets under management. He spoke with David Rubenstein about starting the firm, surviving the real estate crash of 2007, and being rejected from Harvard. See omnystudio.com/listener for privacy information.

We speak with investigative reporter Aaron Glantz about his new book “Homewreckers,” which looks at the devastating legacy of the foreclosure crisis and how much of the so-called recovery is a result of large private equity firms buying up hundreds of thousands of foreclosed homes. “Homewreckers: How a Gang of Wall Street Kingpins, Hedge Fund Magnates, Crooked Banks, and Vulture Capitalists Suckered Millions Out of Their Homes and Demolished the American Dream” reveals how the 2008 housing crash decimated millions of Americans' family wealth but enriched President Donald Trump's inner circle, including Trump Cabinet members Steven Mnuchin and Wilbur Ross, Trump's longtime friend and confidant Tom Barrack, and billionaire Republican donor Stephen Schwarzman. Glantz writes, “Now, ensconced in power following Trump's election, these capitalists are creating new financial products that threaten to make the wealth transfers of the [housing] bust permanent.” Aaron Glantzis a senior reporter at Reveal from The Center for Investigative Reporting. He was a finalist for a Pulitzer Prize this year for his reporting on modern-day redlining. The post Homewreckers: How Wall Street, Banks & Trump's Inner Circle Used the 2008 Housing Crash to Get Rich appeared first on KPFA.