Podcasts about Sun Tzu

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

JB White opens this January 12 episode broadcasting from Tallahassee after an unexpected weekend detour, blending personal storytelling with geopolitical analysis. After recounting travel mishaps, family events, and reflections on aging, JB pivots into a broader discussion of what he describes as Team Trump's Sun Tzu–style strategy of “flooding the zone.” He argues that the administration's rapid, global tempo is deliberately forcing opponents into a reactive posture, using Venezuela as a prime example of strategic precision and narrative disruption. JB reflects on military leadership, command authority, and why he believes this moment represents a world-historic inflection point. The episode weaves together sports commentary, personal anecdotes, faith, cultural observations, and audience interaction, while emphasizing discernment, patience, and the danger of assuming superiority over a coordinated operational strategy. The show closes with reflections on influence, perception, and the importance of recognizing patterns rather than reacting emotionally to unfolding events.

Protect Your Retirement with a PHYSICAL Gold and/or Silver IRA https://www.sgtreportgold.com/ CALL( 877) 646-5347 - You Can Trust Noble Gold Paper Silver cannot stop the unrelenting demand for PHYSICAL silver, and as I've noted many times you can't build the future with paper silver, a lesson the criminal bankers are beginning to understand. China is playing the long game in a Sun Tzu Art of War sort of way hoarding one of the world's most precious, useful and tangible precious metals. The owner of Miles Franklin Andy Schectman returns to SGT Report with the receipts regarding one of the biggest short squeezes in human history. Thanks for tuning in. Your silver stacking links are below! SD Bullion: Free Shipping on orders over $499 https://sdbullion.com/gold-silver-ira?utm_source=sgtreport Andy's team at Miles Franklin can help you too: https://milesfranklin.com/ https://rumble.com/embed/v71xpq2/?pub=2peuz

New Year's Resolutions or Intentions for the New Year...Peace will rule, get into it! End of year roundup, reflecting on next chapter of my life, I am hopeful that my ordered steps will help someone else. Truth comes in many forms. What has been draining your spirit? 5 types of people to avoid to navigate the next chapter in life in peace and freedom, and not chaos. An elderly woman once told a sister, "I love her, but I cannot breathe when she leaves. It is as though she blows out the candles in my house." The sister answered her with gentle truth, "Love her from a distance, for God did not ask you to sacrifice your peace to satisfy another's unrest." If someone's constant complaining suffocates the joy, God is trying to nourish in you, then you must protect your inner sanctuary. The second type, the manipulator. This is the most subtle and often the most painful. Manipulation does not come with shouting. It comes wrapped in words that sound like care, like duty, like obligation. Manipulators use guilt to control. They speak of love but demand submission. God NEVER weaponizes guilt. Therefore, every person who steals your freedom is damaging the gift God placed in you.  3rd type They remind you of old mistakes, not to heal you, but to diminish you. They keep you fixed in an outdated portrait of who you once were, refusing to see the grace God has formed in you.  Your past is not a weapon for others to wield. 4th Darkness Bearers one who carries darkness. Not always in obvious ways, not always with dramatic sins, but with a presence that pulls the soul away from the light. These are the people who normalize what leads you away from God, who diminish the seriousness of sin, who feed resentment, who speak lightly of what wounds the conscience, who invite you into anger, division, or habits that cloud the clarity of prayer. A neighbor arrives not with warmth but with gossip that stains the mind. A relative comes not with compassion but with burdensome anger that pulls the spirit into old conflicts.  5th Silent but just as deadly This cold silence is not the silence of contemplation. It is the silence of indifference. It is the silence that neither builds nor comforts. A relative who shows no interest in your well-being. A friend who never asks how your heart is. A companion who takes but never gives.  Your soul is too close to eternity to be entangled in the shadows of others. Rise above the storms of others. You will live the later years as God intended, not in confusion, but in clarity, not in exhaustion, but in grace.  Pope Leo is still kicking the knowledge.  Navigate to Pope Leo Speaks on 5 Types of People to Avoid that are Peace Wreckers to view the video in its entirety. No, I am not Catholic. But, this Pope Leo XIV is literally a "cousin". And has emphatically stated he is not MAGA. As the first American-born pope, has said that his nationality means that people cannot say he "doesn't understand the United States," as they did with Pope Francis. This statement indicates that he feels his perspective is uniquely informed and that he will be more effective in his engagement with the US government. He has expressed support for US bishops who took a stance against the Trump administration's deportation policies. By doing so, he is indirectly criticizing the administration while also encouraging other bishops to follow suit. While Pope Leo XIV has stated that he wants to avoid "partisan politics," he has also said that he is not afraid to "raise issues" that are related to the Gospel. This creates a fine line that he seems willing to cross, and his comments on human dignity, immigration, and wealth inequality can be interpreted as a moral and religious critique of the administration's policies. I am not a Communist nor a sympathizer of the autocratic regime in power in China. But, I admire the shade. Leaving this felon administration on hold listening to #Obama speeches is classic!! Even Sun Tzu could have anticipate the level of shade of the new age Chinese nor 50 cent for that matter. #pettylujah  Seasonal Affective Disorder Is Treatable and all of us should be about fixing our mental health always.... If you are searching for help and direction in your struggles with depression and addiction Call 1-800-273-8255 Available 24 hours everyday   There is also an online chat feature https://suicidepreventionlifeline.org/chat/   And if Vodka is the problem, call  1-800-662-HELP (4357) for 24/7 help. Please reach out to find joy in this season! Don't forget to navigate to www.dalesangelsinc.com for all special offers and updates on nerd news. So much to buy so little time!!

About Understanding Sun Tzu On The Art Of War: Understanding Sun Tzu on the Art of War is both a source and an interpretation of Sun Tzu’s Art of War written to clarify Sun Tzu’s philosophies on war without compromising the subtlety of thought needed to master them. Readers of this book, from across professional disciplines, will find key advice on leadership, advantage, and how to proficiently overcome adversaries. Robert is a member of the Writers of Chantilly. Be sure to listen to her podcast interview with the club’s president Nick Bruner that was recorded at the 2025 annual holiday event at Elaine's Literary Salon. Learn more about the writing group here: writersofchantilly.blogspot.com • Check out the Salon here: ElainesLiterarySalon.com

JB White opens this episode of RattlerGator Report with reflections on family, gratitude, and perspective before shifting into a detailed analysis of global power dynamics and strategic signaling. The discussion centers on recent cartel extraditions tied to cooperation between the United States and Mexico, framed as part of a broader pressure campaign rather than isolated law enforcement actions. JB examines military posture, visible force projection in the Caribbean, and what he describes as a deliberate, Sun Tzu–style strategy operating below public awareness. The episode expands into economic acceleration driven by artificial intelligence, Elon Musk's role in future growth, and how technological expansion is reshaping the U.S. economy. JB also challenges prevailing narratives around alliances, sovereignty, and political actors, urging listeners to think forward rather than react emotionally to headlines. The episode emphasizes discernment, timing, and understanding power through long-term strategy rather than surface-level analysis.

POUR COMMANDER MON LIVRE : Sur Amazon : https://amzn.to/3ZMm4CY Sur Fnac.com : https://tidd.ly/4dWJZ8OPour découvrir cet épisode en vidéo, c'est ici

¿Quieres descubrir cómo tener el poder para lograr lo que quieres?: En un mundo donde la manipulación es una herramienta cotidiana, la inocencia es similar a la ignorancia. ¿Estás preparado para identificar y defenderte de las tácticas de poder que otros usan en tu contra? Este libro no es una guía sobre ética o buenas intenciones. Es un manual amoral, despiadado y, sobre todo, muy instructivo que destila tres mil años de historia en 48 leyes claras y concisas sobre cómo obtener, estudiar y combatir el poder absoluto. No es una invitación a convertirte en un tirano, sino una herramienta esencial para comprender cómo operan tus enemigos y colegas y reconocer sus acciones maliciosas. Inspirado en las mentes de Maquiavelo y Sun Tzu, aprenderás a: Nunca hacerle sombra a tu superior, siendo invaluable sin ser percibido como una amenaza. Aplastar por completo a tu enemigo para que no pueda volver a desafiarte. Disimular tus intenciones y mantener a todos desinformados. Reconocer y protegerte de la “Tríada Oscura” de la personalidad: líderes narcisistas, maquiavélicos y psicópatas. El poder transforma. Si no estás dispuesto a entender sus reglas, te arriesgas a ser víctima de ellas. Atrévete a descubrir la cruda verdad y aprende a jugar el juego que todos juegan, lo admitan o no.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Bom dia, confrades. Mais um minipod no ar! No programa de hoje, aprenda a transformar suas aventuras de RPG em literatura — e veja como transpor um universo literário para o RPG. E ainda, neste programa: confira algumas sagas que abandonamos; descubra como usar os ensinamentos do livro “A Arte da Guerra”, de Sun Tzu, no mercado editorial; entenda como melhorar sua prosa e escute a entrevista que concedi ao nosso amigo Matheus Pontes, anfitrião do podcast Pontes para a Literatura.

GO oyunu neden “en saf strateji oyunu” olarak görülüyor? Netizen programında Atıf Ünaldı'nın konuğu İstanbul Go Kulübü kurucusu Mehmet Emin Barsbey, Go'nun 4 bin yıllık tarihini, satrançtan farklarını, Sun Tzu'nun savaş anlayışıyla ilişkisini ve yapay zekâ–AlphaGo kırılmasını anlatıyor. Ünaldı ve Barsbey, bu bölümde strateji, dikkat, algoritma ve sezgisel düşünme üzerine derinlikli bir sohbet gerçekleştiriyor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

In this episode, we discuss David Goggins vs. rest days, stomach vacuums, autophagy, fasted training, airplanes with toddlers, and more.We hope you enjoy this episode and if you'd like to join us in The Online Fitness Business Mentorship, you can grab your seat at https://www.fitnessbusinessmentorship.comThank you!-J & MWATCH this episode on YouTube: https://youtu.be/7EuldRo6eJwTIMESTAMPS:(00:00) — Intro(00:11) — Energy & fatigue levels as we age(06:00) — The strangest (& most inconvenient) way Jordan has improved his sleep...(11:36) — Experiences & advice for traveling with small children(16:27) — Dog walking etiquette & porch pirates getting what they deserve(21:31) — Online chess, Sun Tzu, & the Art of War(24:04) — The difference between a banana and a Snickers bar(24:27) — Fasted training(26:43) — Doing exercises you hate(29:59) — Weight vest recommendations(31:15) — What are the benefits of stomach vacuums?(33:08) — Age gaps & romantic relationships(34:55) — The reality of weight spikes(36:46) — Dealing with loose skin after weight loss(39:09) — Goggins vs Rest Days(43:02) — The "best" type of creatine(47:36) — Fasting & autophagy(49:24) — The truth about fitness wearables(50:20) — Things Jordan misses about Boston(52:29) — Wrap-upFollow the show on social:YouTube - https://www.youtube.com/@personaltrainerpodcastInstagram - https://www.instagram.com/personaltrainerpodcastTikTok - https://www.tiktok.com/@personaltrainerpodcastJoin our email list & get our FREE '30 Ways To Build A Successful Online Coaching Business' manual: https://bit.ly/30O2l6pCheck out our book 'Eat It!' at https://www.amazon.com/Eat-It/dp/0008543046If you have any questions you'd like to have answered on the show, shoot us an email at info@fitnessbusinessmentorship.comIf you enjoyed the episode, we would sincerely appreciate it if you left a five-star review.----Post-Production by: David Margittai | In Post MediaWebsite: https://www.inpostmedia.comEmail: david@inpostmedia.com© 2025 Michael Vacanti & Jordan Syatt

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

"The supreme art of war is to subdue the enemy without fighting." What if the organizations so many celebrate as symbols of unity, legacy, and purpose… are actually part of something much deeper—something unseen? In this revelatory message, Pavielle Bee exposes how Satan has weaponized deception to make spiritual bondage appear beautiful and allegiance to darkness look like empowerment. Using Scripture and insights, I uncover a strategy the enemy has been perfecting for generations—a war waged in plain sight, disguised as community, culture, and pride. This teaching explores: ✅ How spiritual warfare operates through deception and agreement ✅ The hidden power of vows, oaths, and rituals many overlook ✅ Why some believers unknowingly defend what's actually opposing God ✅ How to recognize when you're part of something that looks godly but isn't ✅ The path to true freedom and spiritual clarity "The supreme art of war is to subdue the enemy without fighting." — Sun Tzu The question is… what if that war has already reached you?   NEXT STEP TO DISCOVERING GOD'S PURPOSE FOR YOUR LIFE 

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Hello everyone, a big thanks to all of you who joined the patreon and voted for this to be the next episode, you all are awesome. This is a part 2 about Hirohito's responsibility during the wars of 1931-1945, so if you have not heard part 1, perhaps go do so, or maybe you just don't care about 1931-1940 and just want to hear about the 1941-1945 period, hell by all means enjoy.   So last time we kind of left it on a bit of a dramatic cliff hanger. I spoke about Emperor Hirohito's involvement in what was called at the time the “China Incident”. It was not an official declared war until December of 1941. We left off in 1940, Hirohito was struggling with a situation of juggling two things: 1) how the hell to finally end the China War 2) how to do it without receiving horrible ramifications from the international world. On July 22nd of 1940, Konoe was back and formed a second cabinet. Notably General Hideki Tojo went from vice to army Minister during this time. If you guys ever want a podcast on Hideki Tojo, let me know, he is one rather bizarre figure that's for sure. Konoe tackled his job by holding an imperial HQ government liaison conference. For 90 minutes everyone worked on a new national policy designed to exploit the international situation, IE: Germany bulldozing europe.  The result was a document on national policy dated July 27th. It shifted focus to the “southern area” IE: southeast asia and the Pacific if the China war did not end quickly. Its basis was to exploit the foreign nations that had their hands full in europe, France, Britain and the Netherlands. It called for an invasion of French Indochina to establish bases to launch assaults against the Dutch East Indies for natural resources if diplomatic means failed. It acknowledged if the Dutch East Indies were seized through military means, Japan would also seek to fight Britain, but not the US, instead Japan would prepare for a possible war with the Americans. To all of this Hirohito approved. The army also kept pressuring its desire to ally with Germany. Throughout 1939-1940 Hirohito rejected this idea, not because of any ideological differences, it was because of Germans anti aggression pact with the USSR. If Japan were to ally to Germany, Hirohito wanted it to be mutually to fight the USSR. The Navy likewise opposed allying to Germany because they believed it would force Britain and the US to increase their aid to Chiang Kai-shek.   However the Blitzkrieg changed everything. Everyone was shocked at how well Germany was doing. Prince Chichibu repeatedly argued with Hirohito to change his mind over the alliance idea. Then suddenly the Navy changed their mind and began favoring an alliance. This changed came about in June of 1940 when the France fell. The Navy changed their mind based on a few factors, a major component was the belief if Germany and the USSR were allied, than at least Japan would not have to worry about the USSR and could focus on the pacific. Both the IJA and the IJN believed Hitler would soon take Britain and thus there was a huge desire to join the new international order on the winning side. A third factor was a new clause in negotiations with Germany and Japan, that if they allied Japan would not automatically be drawn into a war with Britain against her will. Some in the navy also believed perhaps Germany could help their diplomatic situation with the Americans. So the army and navy were now both demanding an alliance with Germany, it was all up to hirohito.    At an imperial briefing on June 19th of 1940, Hirohito asked chief of staff Prince Kan'in and the Army Minister Hata “At a time when peace will soon come in the European situation, will there be a deployment of troops to the Netherlands Indies and French Indochina?” Such as question revealed Hirohito's perception at the time that Germany was on the verge of victory and that he was gradually considering the deployment of troops in French Indochina and the Dutch East Indies as neither parent nation were in a position to defend their holdings. In regards to the China war, the Japanese sought to end leaks of materials getting into China from places like Hong Kong. Hirohito received reports indicated Britain would not accept closing the movement of materials into China via Hong Kong. The military acknowledged it would probably be required to invade Hong Kong and thus declare war on Britain. Upon hearing of this Hirohito remarked “Should that happen, I am sure America will use the method of an embargo, don't you agree?” To this his lord of the privy seal, Kido reassured him stating “the nation must be fully resolved to resist to proceed cautiously and not to be dragged into events precipitated by the overseas agencies”. Konoe's second cabinet resolved to end the China war, construct a new order in greater east asia and to complete war preparations as a national defense state. On July 27th at a liaison conference a document was adopted, affirming a course of advancing to the south and to ally with Germany. Japan would incorporate the Dutch East Indies, British Malaya and other resource rich areas of Southeast Asia into its new order while simultaneously bolstering its relationship with the Axis states. After hearing and reading everything, Hirohito sanctioned it all. Thus Hirohito had sanctioned the preliminary actions that would set Japan into a collision course with the US.   In September Japan began sending troops into northern French Indochina after concluding its Tripartite alliance with Germany and Italy. Now Hirohito was briefed beforehand by Army Minister Tojo and other chiefs of staff about securing bases in northern French indochina. Hirohito agreed to this under the belief acquiring such bases would stop more leaked materials going into China and thus contribute to the fall of Chongqing. But Hirohito also sanctioned it under the full knowledge it was preparing the Nanshin-ron advance and that carried a risk of going to war with Britain and by proxy the US. Naturally he wanted to thwart any war breaking out with the US by it seems his officials had convinced him they could manage most of their plans without aggravating the US.   On July 29th with the German offensive aimed at finishing off Britain, Hirohito summoned his chiefs and vice chiefs of staff to the imperial HQ. He began to question the prospects of war with the US. Prince Fushimi replied “[u]nless we complete our domestic preparations, particularly the preparation of our material resources, I do not think we should lightly start war even if there is a good opportunity to do so.” Hirohito then asked if  “the Army were planning to occupy points in India, Australia, and New Zealand.” But overall Hirohito seemed to be the most concerned about the US, Germany and the USSR. “Could Japan, obtain a victory in a naval battle with the United States as we once did in the Battle of the Japan Sea? . . . I heard that the United States will ban exports of oil and scrap iron [to Japan]. We can probably obtain oil from other sources, but don't you think we will have a problem with scrap iron?” In regards to the USSR “If a Japan-Soviet nonaggression treaty is made and we advance to the south, the navy will become the main actor. Has the army given thought to reducing the size of its forces in that case? . . . How do you assess the future national power of Germany? . . . Both Germany and the Soviet Union are untrustworthy countries. Don't you think there will be a problem if one of them betrays us and takes advantage of our exhaustion fighting the United States?I]t seems as though you people are thinking of implementing this plan by force because there is a good opportunity at this moment for resolving the southern problem even though some dangers are involved. . . . What does a good opportunity mean? [To this question Sawada replied: “For example, if a German landing in England commences.”] In that case wouldn't the United States move to aid Britain? . . . Well, I've heard enough. I take it, in short, that you people are trying to resolve the southern problem by availing yourselves of today's good opportunities.”   You can tell Hirohito understood the very real threat of an Anglo-American alliance and was very cautious. It seemed to Hirohito, that his officials were trying to take the limelight off the abysmal situation in China but emphasizing a southern advance. Well Americans response to the Japanese movement into northern French indochina was to see it as a direct threat. Something I have not paid much attention to was Hirohito's decision making being the direct result of trying to mediate between competing entities, ie: the IJA and IJN. At this point in time the IJA and IJN top officials had the power to simply stop governmental functions from occurring altogether whenever they were displeased with a decision. As you can imagine the IJA and IJN were also competing for resources and political power. Thus Hirohito spent a lot of time and effort trying to formulate decisions that at a minimum kept the governance going.    In the end Hirohito sanctioned Imperial HQ army order number 458, ordering the area army to begin the entry into French Indochina. Thus once again Hirohito sanctioned aggression aboard. America began what it called a “moral embargo” on aircraft parts, scrap iron and aviation gasoline. This was one of many gradual steps America took to incrementally sanction Japan, while aiding China to keep it bogged down. Japan's direct response was joining the Axis with a clause “to assist one another with all political, economic and military means if attacked by a power at present not involved in the European War or in the Sino-Japanese conflict”. This clause was designed specifically to check Britain and the US. Hirohito knew this was a turning point carrying the possibility of war with the US. Later he would blame some officials and even his brothers Chichibu and Takamatsu, but not his own actions sanctioning the Axis pact.    Speaking of his brothers, at this time Chichibu got severely ill with tuberculosis and as a result retired from active public life, now Prince Takamatsu stood as next regent. Thus Takamatsu would begin reading reports and advise Hirohito. Takamatsu like Chichibu approved the Tripartite Pact and found his brother Hirohito's performance lacking. Meanwhile Britain responded to the Tripartite pact by opening up the Burma road and America made a loan to Chiang Kai-shek.   The Soviets came to Japan for a neutrality pact and sweetened the deal by offering Soviet coal and oil concessions in North Sakhalin. Hirohito ratified the treaty on April 25th of 1941. 5 weeks later on June 5th, the Japanese ambassador to Berlin, General Oshima Hiroshi reported to Hirohito and the high command that Hitler was about to invade the Soviets. The Army high command sprang into action drafting plans to open a war with the Soviets while simultaneously advancing south into French Indochina. But many in the military also sought to wait until the time was ripe, and a rift emerged. Operation barbarossa commenced and on June 23rd the IJN high command gave their opinion that Japan should seize all military bases and airfields in southern French Indochina even at the risk of war with Britain and America. Can you say boy that escalated quickly?   There was obvious temptation to invade Siberia towards Lake Baikal, but at the same time the western powers were tightening sanctions on Japan, she needed resources. At this point Japan had been stuck in China for 4 years and 5 months, the army had expanded from 17 divisions totalling 250,000 men in july of 1937 to 51 divisions at 2.1 million men in December 8th of 1941. On July 2nd, 10 tens into Operation barbarossa, Konoe summoned an imperial conference to debate actions going forward. The consensus was that southern French Indochina needed to be taken and that it probably would not provoke the US going to war with Japan. Hirohito sanctioned it and on July 30th made a major operational intervention by advising General Sugiyama to build up forces in Manchukuo to prevent the Soviet Far Eastern Army.   Japan negotiated with Vichy France to allow Japanese troops to occupy southern parts of French Indochina. What was to be originally just 40,000 IJA forces turned into 185,000 and in response America increased sanctions and began preparing the Philippines for war. Roosevelt froze Japanese assets in the US on July 26th and by August the 1st a total embargo of oil and gasoline exports to Japan. Konoe's cabinet, the military high command, pretty much everyone was shocked by how harsh the economic sanctions were. Emperor Hirohito told Sugiyama to halt mobilizing forces in Manchukuo and the army basically dropped all plans of attacking the USSR. A month after the US oil embargo suddenly the army had changed its mind to go all in on the southern advance. Britain likewise began sanctions against Japan and both Britain and the US managed to convince the Dutch to follow suit by refusing to sell oil to Japan. The Dutch even took it a step further and followed Americans lead in freezing Japanese assets.    Konoe was in full panic mode, be believed his ambassador to washington was a moron and sought to go in person to speak to Roosevelt. At 11:40am on August 4th Konoe spoke to Hirohito about the plan, but Washington kept making up excuses prolonging any meeting from taking place. Meanwhile Washington was building up its navy, and the IJN were stressing, in the words of Admiral Takagai “As time passes and this situation continues, our empire will either be totally defeated or forced to fight a hopeless war. Therefore we should pursue war and diplomacy together. If there is no prospect of securing our final line of national survival by diplomatic negotiations, we must be resolved to fight.” Hirohito understood the predicament full well, that each day Japan was wasting its oil reserves, if they were to strike it had to be quickly.    On september 3rd at a liaison conference it was decided Japan was to prepare for a war against the US, UK and Netherlands while simultaneously pursuing diplomacy. If diplomacy failed by early October the decision for war would be made. Konoe presented everything to Hirohito on September 5th and requested an imperial conference on the matter. The most important decision of his life was about to be made.    Now take a second to feel the moment. Germany's invasion of the USSR was in its 6th week and not producing a decisive victory; Britain was still in the fight and the Japanese ambassador to London reported back Britain would allow Japan to maintain its great power status and exert influence in asia if they stayed out of the European War and “re-examined their current policy”. An olive branch. Hirohito had options is what I am arguing. He could stale things, he could mobilize units into Manchukuo to simply threaten the Soviet border, he could simply stay out of new wars, even it the China war would get worse, but try to profit from the situation in Europe. He could stop the southern advance, lose the chance to seize the resource in southeast asia, but perhaps the US, UK and Netherlands would lift some sanctions.   After speaking back and forth with Konoe while scolding Sugiyama here is a bit of their conversation:    Emperor: In the event we must finally open hostilities, will our operations have a probability of victory?  Sugiyama: Yes, they will.  Emperor: At the time of the China Incident, the army told me that we could achieve peace immediately after dealing them one blow with three divisions. Sugiyama, you were army minister at that time. . . .  Sugiyama: China is a vast area with many ways in and many ways out, and we met unexpectedly big difficulties. . . . [ellipses in original]  Emperor: Didn't I caution you each time about those matters? Sugiyama, are you lying to me? Nagano: If Your Majesty will grant me permission, I would like to make a statement.  Emperor: Go ahead.  Nagano: There is no 100 percent probability of victory for the troops stationed there. . . . Sun Tzu says that in war between states of similar strength, it is very difficult to calculate victory. Assume, however, there is a sick person and we leave him alone; he will definitely die. But if the doctor's diagnosis offers a seventy percent chance of survival, provided the patient is operated on, then don't you think one must try surgery? And if, after the surgery, the patient dies, one must say that was meant to be. This indeed is the situation we face today. . . . If we waste time, let the days pass, and are forced to fight after it it is too late to fight, then we won't be able to do a thing about it.  Emperor: All right, I understand. [He answered in a better mood.]  Konoe: Shall I make changes in tomorrow's agenda? How would you like me to go about it? Emperor: There is no need to change anything.   There is no need to change anything. Konoe grabbed Hirohito for a private audience afterwards and tried to get Hirohito to revise the outline, but Hirohito ignored this. Hirohito at that point could have stopped or at least slowed down the countdown to all out war. Hirohito instead did not want to displease the pro-war factions in his military, perhaps he saw them as a threat to his authority. Hirohito was not at all pleased with the policy plan. When he was shown in on september 5th, he looked extremely irritated and blew up on Sugiyama and the army high command as a whole. 20 minutes before the Imperial conference on September 6th, Hirohito spoke with his lord of the privy Kido and told him he was going to raise some questions at the meeting. Kido told him that it would be best to leave the questions at the very end, basically he was advising to allow for things to go through. Thus Hirohito sat through the meeting and sanction the preparations for war. Here is a conversation between Hirohito and the Chiefs of the general staff:   Emperor: You may go ahead and mobilize. But if the Konoe-Roosevelt talks go well, you'll stop, won't you?  Chief of the General Staff: Indeed, your majesty, we will.  Emperor: I will ask you one more time: Is there any possibility that the north [that is, the Soviet Union] may move against us while we are engaged in the south [emphasis added]?  Chief of the General Staff: I cannot say that will absolutely not occur. However, because of the season it is inconceivable that large forces will be able to attack us   Meanwhile Konoe's deadline to reach a diplomatic resolution with the US was fast approaching. On October 13th Hirohito told Kido “In the present situation there seems to be little hope for the Japan–U.S. negotiations. If hostilities erupt this time, I think I may have to issue a declaration of war.” The next day Konoe held his last cabinet meeting and Army minister Tojo took the lionshare of talking:   For the past six months, ever since April, the foreign minister has made painstaking efforts to adjust relations [with the United States.] Although I respect him for that, we remain deadlocked. . . . Our decision was “to start the war . . . if by early October we cannot thoroughly achieve our demands through negotiations.” Today is the fourteenth. . . . We are mobilizing hundreds of thousands of soldiers. Others are being moved from China and Manchuria, and we have requisitioned two million tons of ships, causing difficulties for many people. As I speak ships are en route to their destinations. I would not mind stopping them, and indeed would have to stop them, if there was a way for a diplomatic breakthrough. . . . The heart of the matter is the [imposition on us of] withdrawal [from Indochina and China]. ...If we yield to America's demands, it will destroy the fruits of the China Incident. Manchukuo will be endangered and our control of Korea undermined   And so Konoe resigned two days later, but before he did his last official action was to recommend Prince Higashikuni to succeed him, in fact he got Tojo to do the same. Prince Higashikuni was deemed capable of controlling both the Army and Navy. And what did Hirohito say to this? He said no, and appointed Hideki Tojo. Why? As going back to the beginning of this series, to protect the Kokutai. He did not want a member of the royal family to hold the seat as Prime Minister during a time when war might be declared, a war that Japan might lose, which would toss the responsibility onto the imperial house. It was a threat to the Kokutai. Hirohito chose Tojo because Tojo was 100% loyal subject to the emperor. Tojo was the perfect fall guy if one ever existed.    Between November 8-15th, Hirohito received a full rundown of the Pearl Harbor surprise attack plan and sanctioned it. The deadline to reach a diplomatic solution with the US was set for midnight December 1st.    Hirohito ever since the Mukden Incident had expressed fear that not taking warlike actions, not pumping up the kokutai or not suppressing dissent would jeopardize the imperial system of government and damage the imperial institution itself. For Hirohito domestic conflicts were more dangerous than external ones, because they carried the risk of eroding the monarchy. As the time approached for his finally decision on declaring war, Hirohito requested a last round of discussion. The carriers enroute to Pearl harbor departed on november 27th, while on December 1st, 19 leaders, the entire Tojo cabinet and Emperor met. Tojo pulled a rather cheeky maneuver, he reported the response from America, the famous Hull note by stating “the United States . . . has demanded that we withdraw troops from all of China [emphasis added],” but in fact, Hull had used only the word “China.” Hara asked “I would like to know,whether Manchukuo is included in the term ‘China'? Did our two ambassadors confirm this point?” Togo's reply to this was “However . . . the American proposal [early in the negotiations on] April 16 stated that they would recognize the state of Manchukuo, so Manchukuo would not be part of China. . . . On the other hand . . . there has been a change in their position . . . they look upon Chungking as the one and only legitimate regime, and . . . they want to destroy the Nanking regime, [so] they may retract what they have said previously” A nonsensical gibberish answer, intentionally done to make everyone think America did in fact include Manchukuo, thus forcing everyone to see the demands as impossible to comply with. Togo finished the meeting : “Once His Majesty decides to commence hostilities, we will all strive to meet our obligations to him, bring the government and the military ever closer together, resolve that the nation united will go on to victory, make an all-out effort to achieve our war aims, and set his majesty's mind at ease. I now adjourn the meeting.” Hirohito simply nodded. Sugiyama remarked that the emperor did not show the slightest sign of anxiety, in fact he looked like he was in a good mood.   Hirohito's naval aid Jo Eiichiro wrote minutes on the first day of the pacific war, recording the emperors actions. 4 A.M. (Japan time): Japan issued a final ultimatum to the United States. 3:30 A.M.: the Hawaiian surprise attack was successful. 5:30 A.M.: Singapore bombed. Great results. Air attacks on Davao, Guam, Wake. 7:10 A.M.: All the above was reported to the emperor. The American gunboat Wake was captured on the Shanghai front. The British gunboat Petrel was sunk. From 7:15 to 7:30 the chief of the Navy General Staff reported on the war situation. At 7:30 the prime minister informally reported to the emperor on the imperial rescript declaring war. (Cabinet meeting from 7 A.M.). At 7:35 the chief of the Army General Staff reported on the war situation. At 10:45 the emperor attended an emergency meeting of the privy council. At 11:00 A.M. the imperial rescript declaring war was promulgated. 11:40 A.M. Hirohito conferred with Kido for about twenty minutes.] At 2:00 P.M. the emperor summoned the army and navy ministers and bestowed an imperial rescript on them. The army minister, representing both services, replied to the emperor. [At 3:05 P.M. the emperor had a second meeting with Kido, lasting for about twenty minutes.] At 4:30 P.M. the chiefs of staff formally reported on the draft of the Tripartite (Germany-Italy-Japan) Military Pact. At 8:30 P.M. the chief of the Navy General Staff reported on the achievements of the Hawaii air attack. . . . Throughout the day the emperor wore his naval uniform and seemed to be in a splendid mood.   Hirohito believed Germany would win, thus if with their help he believed Japan could thwart off the US until a negotiated peace. Having made his choice, Hirohito devoted himself to presiding over and guiding the war to victory at all costs. He was a extremely cautious person, every single campaign he looked for what could go wrong, made worse case scenario predictions and was very suspicious of reports from his high officials. He was notably very harsh and critical on said high commanders. Although he did not visit the war theaters as did other commanders in chief, he exercised and controlled influence on theater operations, both in the planning and execution whenever he chose to do so. As was the same case with the China war before it, he issued the highest military orders of the Imperial HQ, performed audited conferences and led to decisions transmitted in his name. He received generals and admirals to the imperial palace who gave full reports of the battlefront. He visited bases, battleships, various army and naval headquarters. He inspected military schools, you know the full shebang.    After 26 months of war, the naval air force had lost 26,006 aircraft, nearly a third of its total power, thousands of veteran pilots were dead. Hundreds of thousands of tons of warship was sunk, the merchant and transport fleet was crippled. Late 1943 saw the Americans turning the initiative of the war, Japan was on the defensive. Guadalcanal had been the major turning point. During the staled battle for the philippines, Hirohito pressed upon Army chief of staff Sugiyama to increase troop strength to knock out Bataan. The problem persisted, on February 9th and 26th Hirohito pressed Sugiyama again about getting more troops to take Bataan.   Hirohito was confronted with the prisoner of war issue after the doolittle raid. When the pilots were caught, Togo initially opposed executions, but many in the IJA sought all 8 men executed. Hirohito chose to intervene and commuted the execution of 5 out of the 8. Why just 5, no one knows to this day, but its theorized it was to demonstrate his benevolence while simultaneously giving a bit of what the army wanted.    The CBI theater took the lionshare of his attention in 1942, he continuously pressed up Sugiyama when a final blow would be delivered against Chongqing. When the Midway disaster occurred, Hirohito was given a full report of what happened, but he chose to hid the extent of the loss from the IJA. In fact in response to the Guadalcanal campaign he was heard once asking “I wonder if this is not the start of the AmericanBritish counteroffensive?” He urged his commanders to increase offensive activities and to toss all weapons possible at the enemy, because Japan needed more time to secure its reserves of vital oil, rubber and iron. When he heard the first report of the Ichiki detachment being wiped out, he simply stated “I am sure it [Guadalcanal] can be held.” With numerous reports pouring in about the men dying from tropical disease and starvation, Hirohito kept demanding greater efforts from them. Hirohito continuously applied pressure on his naval and land commanders to recapture the island. On September 15th, November 5th and November 11th he called for more IJA troops and aircraft to be allocated to it. Sugiyama was nervous about sending more IJA pilots as they were inexperienced in transoceanic combat and he sought to reinforce the north china army to hit Chongqing. Hirohito demanded it a second time and Sugiyama replied the IJA had deployed its air power instead to New Guinea and Rabaul. Hirohito continuously hammered the issue despite the high level commanders disagreeing with it. By late november it was clear guadalcanal was a lost cause.    At an imperial HQ conference on December 31st of 1942, the chiefs of staff reported they would cancel the attempts to recapture guadalcanal. Hirohito sanctioned it but stated “It is unacceptable to just give up on capturing Guadalcanal. We must launch an offensive elsewhere.” Hirohito forced the issue and it was decided the new strategic points would be in the solomons north of New Georgia and the Stanley range on New Guinea. Hirohito in fact threatened not to authorize the withdrawal of men from Guadalcanal until such a plan was made. Hirohito would go on to oppose the withdrawal from the Munda airfield on New Georgia since it contradicted the new defensive line. As the defensive perimeter in the central and northern solomons was crumbling, Hirohito continued to demand the navy fight decisive battles to regain the initiative so ships could begin transports supplies to the countless soldiers trapped on islands without them. When Hirohito heard of the navy's failure to reinforce Lae on March 3rd he stated  “Then why didn't you change plans immediately and land at Madan? This is a failure, but it can teach us a good lesson and become a source of future success. Do this for me so I can have peace of mind for awhile.” “Do this for me” would become his signature message.    In August of 1943 as the fall of the solomons progressed, Hirohito lambasted “Isn't there someplace where we can strike the United States? . . . When and where on earth are you [people] ever going to put up a good fight? And when are you ever going to fight a decisive battle?Well, this time, after suffering all these defeats, why don't you study how not to let the Americans keep saying ‘We won! We won!'[emphasis added]”” Hirohito berated his chiefs of staff and in the face of mounting defeats he remained undismayed, rigidly self disciplined and aggressive as ever. When he received a report on September 21st of 1943 that the allies were heading for Finschhafen he replied “Being ready to defend isn't enough. We have to do the attacking.”   When the Americans destroyed the main naval anchorage at Truk forcing the navy to evacuate it, leaving behind numerous tanks, the dream of fighting one great decisive naval battle in the central pacific was over.    On February 21st of 1944, Hirohito took the unprecedented action to force Sugiyama to resign so Tojo could assume his position, alongside that of army minister and prime minister. He did this to end dissent. Hirohito and Tojo oversaw the haymaker attempts in 1944, like operation Ichi-go and the Imphal campaign fall into ruins. It looked like the Philippines, Taiwan, Okinawa, the Bonin islands and eventually the home islands would be invaded. When Saipan fell, the home islands had at last come into range of the dreaded B-29 Super flying fortresses. Hirohito had warned Tojo “If we ever lose Saipan, repeated air attacks on Tokyo will follow. No matter what it takes, we have to hold there.” For two days his chiefs of staff explained the dire situation on Saipan was hopeless, but Hirohito ignored their advice and ordered Admiral Shimada to recapture it, the first department of the navy general staff immediately poured themselves into the problem. Day and night they worked, until a draft plan was created on June 21st, 3 days later the combined fleet gave opposition. Tojo and Shimada formally reported to Hirohito the recapture plan needed to be canceled. Hirohito refused to accept the loss of Saipan and ordered his chief aide General Hasunuma to convene in his presence the board of field marshals and fleet admirals. They all met on the 25th, upon which they all unanimously stated the reports indicating Saipan was a lost cause were valid, Hirohito simply told them to put it in writing and he left the room.    Hirohito finally decided to withdraw his support of Tojo, allowing Tojo's numerous enemies to take down his cabinet on July 18th 1944. But Hirohito was undaunted in determination to steal victory from the allies. Imperial HQ on October 18th ordered a decisive naval battle and the battle of Leyte Gulf was it. After the war Hirohito would go on the record stating “Contrary to the views of the Army and Navy General Staffs, I agreed to the showdown battle of Leyte thinking that if we attacked at Leyte and America flinched, then we would probably be able to find room to negotiate.” This statement shows the facts as they were, Hirohito and his chiefs of staff forced the field commander, General Tomoyuki Yamashita to engage the American invasion force in a place Yamashita did not want to fight nor prepared adequate defenses. It was a horrible loss.   The Kamikaze attacks increased as Japan's desperation wore on. On new years day of 1945 Hirohito inspected the special last meal rations given to departing kamikaze units. Iwo Jima fell. Okinawa remained, and Hirohito lashed out “Is it because we failed to sink enemy transports that we've let the enemy get ashore? Isn't there any way to defend Okinawa from the landing enemy forces?”  On the second day of Okinawa's invasion Hirohito ordered a counter landing by the 32nd army and urged the navy to counterattack in every way possible. It was a horrible failure, it cost the lives of up to 120,000 Japanese combatants, 170,000 noncombatants. The Americans lost 12,500 killed and 33,000 wounded. An absolute bloodbath.    Konoe re-entered the stage writing to Hirohito pleading with him to order a surrender because from his perspective “The Soviet Union is Japan's biggest threat. Defeat was inevitable, but more to be feared than defeat was the destruction of the Kokutai. Sue quickly for peace, before a Communist revolution occurred that would make preservation of the kokutai impossible”. Hirohito was taken aback by this, as he shared his military's hope that the Soviets would help Japan reach a peace settlement. So he rejected the advice of Konoe. Hirohito remarked “If we hold out long enough in this war, we may be able to win, but what worries me is whether the nation will be able to endure it until then.” Then Japan's intelligence units reported the Soviets were going to break the neutrality pact and join the war once the Germans were done. Meanwhile Tokyo was turned to rubble on March 9th 1945 by 334 B-29's dropping firebombs, 40% of the capital was destroyed, up to 100,000 were dead. Hirohito remained undaunted. 60 Japanese cities were leveled by firebomb campaigns. Europe's war finished. Then the battle for Okinawa was lost, suddenly Hirohito began looking for ways to end the war.   On June 22nd Hirohito personally informed the supreme war leadership council his desire to see diplomatic maneuvers to end the war. A special envoy was sent to Moscow, while Hirohito publicly issued an imperial rescript ordering the nation “to smash the inordinate ambitions of the enemy nations and achieve the goals of the war”. B-29's began dropping leaflets with joint declarations issued by the US, UK and China requesting the citizens of Japan demand their government surrender. Prefectural governors, police chiefs and officers began submitting home ministry reports on the rapid deterioration of the nations spirit.   Germany signed the unconditional surrender documents on May 7th and 8th of 1945, Japan was alone. Newly installed President Truman declared on May 8th, Japan's surrender would not mean the extermination or enslavement of the Japanese people, but the unconditional surrender principles remained unaltered. The Japanese meanwhile were awaiting word from the Soviets. The Americans unleashed their first atomic bomb on Hiroshima on August 6th of 1945 killing up to 140,000 people. Then on August 8th the Soviet Union declared war on Japan and began an invasion of Manchuria. On August 9th the second atomic bomb hit Nagasaki killing around 40,000 people.   Thus began the surrender clock as I like to say. After the first atomic bomb, Hirohito said and did nothing about the surrender terms. Hirohito then authorized Togo to notify the world on August 10th that Japan would accept the allied terms of surrender with one condition “that the said declaration does not comprise any demand which prejudices the prerogatives of His Majesty as a Sovereign Ruler.” The next day, Secretary of State Byrnes replied by alluding to the subordination of the emperors authority to the supreme commander of the allied powers. It was ambiguous as hell. The Japanese leaders erupted into arguments, and on August 14th, Hirohito went before a microphone and recorded his capitulation announcement which aired on August 15th to all in Japan, they surrendered. Why did it take so long?   The peace talks between the Japanese and Soviets went on through June, July and early August. Japan offered the Soviets limited territorial concessions and they refused to accept the envoy on July 22nd because the Japanese were being too ambiguous in their terms. There was continuous back and forth between the intelligence of Moscow and Japan trying to figure out the stance of the other, but then Stalin heard about the atomic bombing of Hiroshima, he was shocked and ordered an invasion of Manchuria in response. In the meantime the Japanese were tossing all sorts of concessions at Moscow, they stated they would allow Japanese to be used as forced laborers in Siberia, a form of reparation as it were, that they would demobilize the military and so on. The response was the invasion of Manchuria.    Hirohito knew prior to the bombing of Hiroshima that the cabinet was divided on accepting the Potsdam terms. Hirohito also knew he and he alone could unify governmental affairs and military command. Why then did he wait until the evening of August 9th to surrender?   The reality of the matter is its complicated, numerous variables at play, but let me try to pick at it. The people of japan under the firebomb campaigns were becoming hostile towards the military, the government and many began to criticize the emperor. Hirohito was given reports from the Home Ministry from governors and police chiefs all over Japan revealing people were speaking of the emperor as an incompetent leader who was responsible for worsening the war situation. Does that sound like a threat to the Kokutai? People were starving en masse, the atomic bomb is flashy, but what really was killing the Japanese, it was starvation. The home islands were blockaded and the sea approaches mined as pertaining to the optimally named “operation starvation”. Hirohito knew full well how bad his people were suffering but he did not surrender for so long.   After Hiroshima was bombed, Hirohito delayed for 2 days before telling Kido at 10am on August 9th “quickly control the situation, the Soviet Union has declared war and today began hostilities against us”. Now here is a piece of Hirohito's surrender proclamation to the citizens of Japan    “Moreover, the enemy has begun to employ a new and most cruel bomb, the power of which to do damage is, indeed, incalculable, taking the toll of many innocent lives. Should we continue to fight, not only would it result in an ultimate collapse and obliteration of the Japanese nation, but also it would lead to the total extinction of human civilization. Such being the case, how are We to save the millions of Our subjects, or to atone Ourselves before the hallowed spirits of Our Imperial Ancestors? This is the reason why We have ordered the acceptance of the provisions of the Joint Declaration of the Powers... The hardships and sufferings to which Our nation is to be subjected hereafter will be certainly great. We are keenly aware of the inmost feelings of all of you, Our subjects. However, it is according to the dictates of time and fate that We have resolved to pave the way for a grand peace for all the generations to come by enduring the unendurable and suffering what is unsufferable ”.   Hirohito wanted to obfuscate the issue of accountability, to prevent expressions of strife and anger and to strengthen domestic unity around himself, to protect and raise the kokutai. Did you know there was a rescript of this proclamation that was made to the entire IJA and IJN? Yes Emperor Hirohito gave out two different proclamations for surrender, here is what the armed forces heard.   “ Now that the Soviet Union has entered the war against us, to continue . . . under the present conditions at home and abroad would only recklessly incur even more damage to ourselves and result in endangering the very foundation of the empire's existence. Therefore, even though enormous fighting spirit still exists in the Imperial Navy and Army, I am going to make peace with the United States, Britain, and the Soviet Union, as well as with Chungking, in order to maintain our glorious national polity”.   The proclamation does not speak of the atomic weapons, but emphasizes the Soviet invasion of Manchuria. Hirohito was presented as a benevolent sage and an apolitical ruler that had ended the war. Hirohito sought to justify the surrender upon the bombs to the public, but did he believe so, did his armed forces believe so? People debate to this day why the surrender occurred, I love the fact there are two message offered because both are true. Hirohito's decision to surrender was based on numerous variables, the atomic bombs, the invasion of Manchuria by the soviets, but above all else, what really was important to the man, the emperor, the god? The kokutai. The Soviets were more of a threat to the kokutai, thus Hirohito jumped into the arms of the Americans. The language between the Americans and Japanese in the communications for unconditional surrender were ambiguous, but Hirohito and the high commanders knew there was zero chance of the kokutai surviving if the Soviets invaded Japan, perhaps the Americans would allow it to continue, which is just what they ended up doing. The entire purpose of this series would to emphasize how Hirohito definitely had a active role in the war of 1931-1945, he had numerous occasions where he could put the hammer down to stop the situation from escalating. But in the end when his back was against the wall, he did what he did to cling on to the Kokutai.   I shall leave you with this. On August 12th, as Hirohito came to inform the imperial family of his decision to surrender, Prince Asaka asked him whether the war would continue if the Kokutai could not be preserved, what do you think he said? “Of Course”. 

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

La déclaration choc du chef d'état-major des Armées Fabien Mandon sur l'invasion russe à horizon 2030 a fait énormément réagir. Pour Franz-Olivier Giesbert, comme le dit Sun Tzu dans son célèbre traité « l'Art de la guerre », la meilleure façon d'éviter la guerre et de s'y préparerMention légales : Vos données de connexion, dont votre adresse IP, sont traités par Radio Classique, responsable de traitement, sur la base de son intérêt légitime, par l'intermédiaire de son sous-traitant Ausha, à des fins de réalisation de statistiques agréées et de lutte contre la fraude. Ces données sont supprimées en temps réel pour la finalité statistique et sous cinq mois à compter de la collecte à des fins de lutte contre la fraude. Pour plus d'informations sur les traitements réalisés par Radio Classique et exercer vos droits, consultez notre Politique de confidentialité.Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.

In this book review of the Master Sun Tzu's The Art of War I provide quotations from the book and apply these pieces of wisdom to your daily life. So you are not engaged and out right warfare, the principles shared by this ancient Chinese general provide meaningful guidance for your daily affairs. Support Via Cashapp: @MarquettDavonSupport via Venmo: @MarquettDavonSupport: https://donate.stripe.com/4gM9ATgXFcRx5Tf4rw0x200Become a member: https://thesasn.com/membership-account/membership-levels/Support with Bitcoin: BTC Deposit address: 3NtpN3eGwcmAgq1AYJsp7aV7QzQDeE9uwdMy Book: https://www.amazon.com/Black-Box-Marquett-Burton/dp/0578745062https://www.gofundme.com/f/support-marquett-burtons-training-centerBook Consultation: https://cozycal.com/sasn#Marquettism #FinancialFreedom #Entrepreneurship #Marquettdavon #Wealth #FoundationalBlackAmerican #Leadership #Deen #business #relationships #money

From the writing of Sun Tzu to the modern era, spies and spymasters have had insights into the mind that most of us don't. Now it's time to put espionage itself on the analysts' couch. In Brief Histories, the new monthly special from True Spies, series producer Joe Foley is your guide to this secret world - alongside a treasure-trove of stories and expert knowledge from our archive. From SPYSCAPE, the home of secrets and skills. A Cup And Nuzzle production. Series producer: Joe Foley. Learn more about your ad choices. Visit megaphone.fm/adchoices

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Mark Leenhouts vertaalde ‘De kunst van het oorlogsvoeren' van Sun Tzu naar het Nederlands. Leenhouts vertaalt de eeuwenoude tekst rechtstreeks uit het Chinees. Het klassieke werk van meester Sun behoort tot de bekendste teksten uit de Chinese traditie. In plaats van te focussen op militaire organisatie of training, gaat Sun Tzu in op strategie en tactiek, met het uitgangspunt dat oorlog zo veel mogelijk vermeden moet worden om mensen, middelen en energie te sparen. Mark Leenhouts kreeg voor zijn vertalingen uit het Chinees de Cultuurfonds Vertaalprijs Martinus Nijhoff 2025. Presentatie: Frénk van der Linden

Thank you to all the long time fans and Supporters of this podcast! We REALLY APPRECIATE you!It's 506 BCE. The armies of Wu and Chu have finally met at Boju after years of rising tension, personal vendettas, and political ambition. In this episode, we break down the strategies, leadership, and terrain behind one of the most dramatic military clashes of the Spring and Autumn period. With Sun Tzu in the field and kings on the line, the fate of states hangs in the balance. chewWill Chu finally find a friend or is Wu too much for Chu?Find out in this dramatic episode!This is a podcast by Dan Hörning and Bernie Maopolski.If you like what we do you can support the Fan of History project on https://www.patreon.com/fanofhistoryContact information:E-mail: zimwaupodcast@gmail.comhttp://facebook.com/fanofhistoryhttps://twitter.com/danhorninghttps://www.instagram.com/dan_horning/Music: “Tudor Theme” by urmymuse.Used here under a commercial Creative Commons license. Find out more at http://ccmixter.org/files/urmymuse/40020 Hosted on Acast. See acast.com/privacy for more information.

This episode is with a returning guest to the podcast - Tobias Carlisle.We talk about his new book, “Soldier of Fortune: Warren Buffett, Sun Tzu, and the Ancient Art of Risk Taking”The book takes a close look at Sun Tzu's philosophy and then applies it to the deal making of Warren Buffett. The book focuses on Warren Buffett's deals since Coke. I like this because the focus of Buffett books is often prior to this, but this focuses on “recent” deals.Links* Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking https://www.amazon.com/Soldier-Fortune-Buffett-Ancient-Risk-Taking-ebook/dp/B0FT516BDW* My last conversation with Tobias, with links to the other episodes as well: DisclaimerNothing on this substack is investment advice.The information in this article is for information and discussion purposes only. It does not constitute a recommendation to purchase or sell any financial instruments or other products. Investment decisions should not be made with this article and one should take into account the investment objectives or financial situation of any particular person or institution.Investors should obtain advice based on their own individual circumstances from their own tax, financial, legal, and other advisers about the risks and merits of any transaction before making an investment decision, and only make such decisions on the basis of the investor's own objectives, experience, and resources.The information contained in this article is based on generally-available information and, although obtained from sources believed to be reliable, its accuracy and completeness cannot be assured, and such information may be incomplete or condensed.Investments in financial instruments or other products carry significant risk, including the possible total loss of the principal amount invested. This article and its author do not purport to identify all the risks or material considerations that may be associated with entering into any transaction. This author accepts no liability for any loss (whether direct, indirect, or consequential) that may arise from any use of the information contained in or derived from this website. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.securityanalysis.org/subscribe

On this episode of #TheGlobalExchange, Colin Robertson sits down with Ann Fitz-Gerald, Ben Rowswell, Guy St. Jacques, Thomas J. Timmins and Don McCutchan to discuss their takeaways from the 2025 Ditchley Conference. // Participants' bios - Ann Fitz-Gerald is a Professor of International Security and the Director of the Balsillie School of International Affairs in Waterloo, Canada - Ben Rowswell is a Principal with Catalyze4. He served as Ambassador to Venezuela and was an early architect of digital diplomacy in Global Affairs Canada - Guy St. Jacques is former Canadian Ambassador to China and Fellow at the China Institute of the University of Alberta - Thomas J. Timmins is the Leader of Gowling WLG's Canadian Energy Practice Don McCutchan is Partner and Policy Advisor with Gowling WLG // Host bio: Colin Robertson is a former diplomat and Senior Advisor to the Canadian Global Affairs Institute. // Reading Recommendations: - "The AI-Driven Leader: Harnessing AI to Make Faster, Smarter Decisions" by Geoff Woods - "Does the Elephant Dance?: Contemporary Indian Foreign Policy" by David Malone - "King of Kings" by Scott Anderson - "Sun Tzu's The Art of War Plus Its Amazing Secrets: The Keys to Strategy" by Sun Tau - "A School for Tomorrow" by Mark Dickinson - "How to Win an Information War" by Peter Pomerantsev // Music Credit: Drew Phillips | Producer: Jordyn Carroll // Recording Date: November 03, 2025 Release date: November 10, 2025

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠⁠ (⁠⁠⁠⁠⁠Kindle⁠⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Scott Wren, senior global market strategist at the Wells Fargo Investment Institute, says he wouldn't mind a small market setback or breather to calm the nerves, especially because he's used those kinds of moments this year to add to his equity positions, noting that his target for the Standard & Poor's 500 is 7,500 at the end of 2026, a modest but steady gain for next year. Wren favors financials currently for technical reasons, likes industrials for as long as the next decade, and made the strong case for utilities and energy providers as being the growth story for the next quarter century. Todd Rosenbluth, head of research at VettaFi changes things up with the ETF of the Week. Rather than focusing on one fund, he looks at ETF in-flows, which have surpassed a big landmark and will break records for the year. He looks at where all of that money has been flowing, which categories and funds have been the most popular and emerging and more. Tobias Carlisle of the Acquirers Funds — who was on the show last week doing the Market Call — returns to discuss his new book, "Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking," which in some ways equates deep-value investing to fighting a battle, but which also helps to explain why the investment style resonates with many individual investors.

JoAnne Bianco, senior investment strategist at BondBloxx, says that she doesn't expect there to be a need for a protracted cycle of rate cuts and makes the case that the Federal Reserve and the economy might be best served by stopping after one more cut, even if it waits through December to do it. Bianco says that markets -- particularly equity markets — want rate cuts — want rate cuts but could be overly optimistic about the impact that reductions would have when it comes to promoting spending, helping the labor market and more. Kendall Dilley, portfolio manager, Vineyard Global Advisors says "It's a really healthy bull market right now" with the potential for the Standard & Poor's 500 to top 7,000 by year's end. Dilley added that the charts aren't showing the kind of big tops that suggest that momentum is starting to wane, so while valuations are elevated and "the market has priced in a lot of good news," he still thinks declines should be viewed as buying opportunities. Ravi Chintapalli, portfolio manager on the Nuveen Global Fixed Income team, says that he has never seen a high-yield market that has been higher quality than what he is seeing now. That helps to explain tight spreads, and suggests investors shouldn't shy away from high-yield because they're being compensated for "the true level of default risk in the market."  In the Market Call, Tobias Carlisle, founder of the Acquirers Funds, talks deep-value investing and how it works in a market dominated by a few big names. Carlisle recently wrote a book comparing the value investing tactics of Warren Buffett with "The Art of War" tactics of Sun Tzu.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠⁠ (⁠⁠⁠⁠Kindle⁠⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

It started with exiles, legendary assassinations, and a dream of revenge. This is the opening act of the Wu–Chu War, where the state of Wu punched far above its weight — and the state of Chu didn't see it coming.When Chu underestimated its ambitious neighbor, all hell broke loose. In Part 1, we cover the rise of Wu, the backstory of King Helü and the legendary strategist Sun Tzu - author of "The Ancient Art of War" - and how one of the great underdog campaigns in ancient Chinese history began.Thank you to all the long time fans and Supporters of this podcast! We REALLY APPRECIATE you!This is a podcast by Dan Hörning and Bernie Maopolski.If you like what we do you can support the Fan of History project on https://www.patreon.com/fanofhistoryContact information:E-mail: zimwaupodcast@gmail.comhttp://facebook.com/fanofhistoryhttps://twitter.com/danhorninghttps://www.instagram.com/dan_horning/Music: “Tudor Theme” by urmymuse.Used here under a commercial Creative Commons license. Find out more at http://ccmixter.org/files/urmymuse/40020 Hosted on Acast. See acast.com/privacy for more information.

I had the pleasure of co-hosting another episode of Excess Returns with Matt Zeigler. We sat down with the one and only Tobias Carlisle — investor, author, podcast host, and all-around fascinating mind whose writing and ideas have influenced my thinking at various times.He discusses his new book, which made me see Buffett's investment approach in an entirely new light — and you're about to discover why. I highly recommend both this episode and Toby's book.In this episode of Excess Returns, we sit down with Tobias Carlisle, founder and portfolio manager at the Acquirers Fund and author of the new book “Soldier of Fortune: Warren Buffett's Sun Tzu and the Ancient Art of Risk Taking.”Tobias joins Matt Zeigler and Bogumil Baranowski to explore how timeless strategic principles from The Art of War apply to investing and how Warren Buffett embodies many of those ideas—from invincibility and victory without conflict to the disciplined avoidance of ruin. The conversation connects Buffett's real-world decisions—from Apple to General Re to Japan's trading houses—to broader lessons on temperament, risk, and wisdom in markets.Available now on Excess Returns Podcast and Talking Billions.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠⁠ (⁠⁠⁠Kindle⁠⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Welcome to Season 14 Episode 40 of the ParentingAces Podcast! In this week's episode, former top junior and pro players, Sky Kim, shares his journey through injury and recovery which led him to coaching and entrepreneurship through his company, Road to Pro.As a child, Sky moved with his father from South Korea to South Florida to train at IMG with Nick Bollettieri. He was training alongside Maria Sharapova, Tommy Haas, and Venus and Serena Williams, among others. After going through two knee surgeries and multiple shoulder injuries, Sky decided to retire from a professional playing career to move into tennis coaching. Once realizing that not only did he need to preserve his own body if he wanted longevity in his coaching career but also other players and coaches were suffering with the same injuries he had endured. Sky put his love of engineering to use by developing unique vibration dampeners, insoles, and performance socks to reduce the wear and tear of tennis on the body. HIs products are now available on his website, RTPtennis.com. Sky has graciously set up a discount for the ParentingAces Community - ParentingAces20 for 20% off your order!Sky has also worked very hard to overcome his introvert personality by creating an online coaching platform on YouTube where he has over 100,000 subscribers. You can follow his channel at https://www.youtube.com/channel/UC7Lsu90hbliCn9_Vkp7WtLw/featured.As if that weren't enough, Sky has written the book, ART OF WAR: ART OF TENNIS which you can purchase online at https://rtptennis.com/products/art-of-war-art-of-tennis-by-sky-kim-1. The book bridges the ancient wisdom of Sun Tzu with the modern battles of competitive tennis. By drawing striking parallels between warfare and the tennis court, this book unveils the hidden roles of the player, coach, and parent—mirroring the general, the strategist, and the king in a campaign for excellence. Through real experiences of top juniors and pro players, it answers the toughest, most often ignored questions that arise on the journey to world-class performance.Currently, Sky is coaching in the LA area as well as continuing to provide virtual coaching via YouTube. You can follow him on Instagram at https://www.instagram.com/rtptennis/ or reach out to him via email at sky@rtptennis.com.As always, I am available for one-to-one consults to work with you as you find your way through the college recruiting process. You can purchase and book online through our website at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://parentingaces.com/shop/category/consult-with-lisa-stone/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.If you're so inclined, please share this – and all our episodes! – with your fellow tennis players, parents, and coaches. You can subscribe to the podcast on Apple Podcasts or via your favorite podcast app. Please be sure to check out our logo'd merch as well as our a la carte personal consultations in our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠online shop⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.CREDITSIntro & Outro Music: Morgan Stone aka STØNEAudio & Video Editing: Lisa Stone

Weaponizing the World's Food Supply - In this episode, Dr. Wendy Patrick and attorney Larry Dershem interview Rebecca Terrell, senior editor of The New American https://thenewamerican.com/ about how governments around the world are taking dangerous steps to drive farmers out of business, all in the name of "sustainable development" Find out from an expert about how tyrants and governments in the past, and today, are using access to food and water as a means to control populations on a global scale. Sun Tzu, in The Art of War said "The supreme art of war is to subdue the enemy without fighting."See omnystudio.com/listener for privacy information.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠⁠ (⁠⁠Kindle⁠⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Buy Toby's Bookhttps://amzn.to/478SMBfIn this episode of Excess Returns, we sit down with Tobias Carlisle, founder and portfolio manager at the Acquirers Fund, and author of the new book “Soldier of Fortune: Warren Buffett's Sun Tzu and the Ancient Art of Risk Taking.” Tobias joins Matt Zeigler and Bogumil Baranowski to explore how timeless strategic principles from The Art of War apply to investing and how Warren Buffett embodies many of those ideas—from invincibility and victory without conflict to the disciplined avoidance of ruin. The conversation connects Buffett's real-world decisions—from Apple to General Re to Japan's trading houses—to broader lessons on temperament, risk, and wisdom in markets.Main topics covered:• The three key ideas from The Art of War that define Buffett's approach: invincibility, victory without conflict, and unassailable strength• Why Buffett's General Re acquisition was a misunderstood masterstroke in defensive investing• How Buffett achieved “victory without conflict” through his massive Apple investment• The principle of via negativa — succeeding by avoiding mistakes and ruin• Temperament vs. intellect and the psychology of avoiding self-defeat• Circle of competence and why simplicity often beats complexity• Sins of omission vs. sins of commission in investing decisions• How Buffett applies wu wei (effortless action) through patience and alignment with natural forces• Lessons from Buffett's Japanese trading house investments and moral law in business• The role of reputation, intuition (coup d'œil), and character in long-term investing• Charlie Munger's blueprint and the strategic architecture of Berkshire HathawayTimestamps:00:00 Introduction and overview of Tobias Carlisle's key ideas02:00 Applying Sun Tzu's “invincibility, victory without conflict, and unassailable strength” to Buffett06:00 The General Re acquisition as a defensive masterpiece12:00 Victory without conflict — Buffett's Apple investment19:00 The principle of via negativa and avoiding ruin22:00 Survival, temperament, and controlling emotion in investing25:00 Circle of competence and the power of simplicity28:00 Sins of omission vs. sins of commission32:00 Temperament, intellect, and avoiding self-defeat40:00 Wu wei and investing with effortless alignment49:00 Position sizing, concentration, and the Kelly Criterion50:00 Buffett's investments in Japan's trading houses56:00 Reputation, intuition, and the power of pattern recognition61:00 Charlie Munger's blueprint and Buffett's strategic genius64:00 Closing thoughts and where to find Tobias online

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger PictureThe [CB] system causes inflation, the housing market has become so expensive that people can no longer afford it. Trump and Bessent are now putting the blame on the D's shutdown because it is hurting the economy, [CB] failed again. Trump funding Argentina, not the IMF, boom. Fed ready to tighten, they are trying to raise long term rates, this plan will not work. The [DS] is in panic mode. All they have left is protect what they have here in this country, if they lose the illegals and the ability to cheat in the election they are screwed. The Supreme Court is hearing arguments in regards to the Voting Rights Act. If the SC rules against the D's they will lose 19 seats. Trump is pushing the [DS] down the path of war. "To Know Your Enemy, You Must Become Your Enemy" Sun Tzu. Every Battle Is Won Before It's Ever Fought.   Economy   https://twitter.com/Barchart/status/1978420195581448671 (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.com/TrumpWarRoom/status/1978461005668606355  https://twitter.com/TrumpWarRoom/status/1978458451048116621 Trump Warns Argentina: Back Milei or Lose US Funds In a rare presidential endorsement in a foreign election, President Donald Trump has thrown his political cachet into the reelection campaign of Argentine President Javier Milei on Tuesday night. "Great meeting today with Javier Milei!" Trump wrote on Truth Social. "He is doing the right things for his Country. I hope the people of Argentina understand how good a job he is doing, and will support his work during the upcoming Midterms, so we can continue to help him achieve Argentina's incredible potential. "Javier Milei has my Complete and Total Endorsement — He will not let you down. MAKE ARGENTINA GREAT AGAIN!" Trump said at the White House on Tuesday he would endorse Milei for reelection and previously had already indicated during the U.N. General Assembly in September he was endorsing Milei, when he handed the Argentine leader a print-out of a Truth Social post with his endorsement. Trump threatened to pull assistance for Argentina — led by a political kindred spirit whose philosophy aligns with that of the Republican administration — if the nation's internal politics don't go the U.S.' way in its upcoming elections. The comments came during a meeting with Milei, whose country is set to hold midterm elections for its legislative body later this month. Source: newsmax.com https://twitter.com/JoeLang51440671/status/1978170213301399633   an extraordinary bailout of Argentina.” “The U.S. is providing a $20 billion currency swap line with Argentina's central bank — essentially exchanging stable U.S. dollars with volatile pesos.” https://cnbc.com/2025/10/13/the-us-has-stepped-in-with-an-extraordinary-bailout-of-argentina-heres-what-it-means.html Did you know that Argentina used to be one of the most wealthy countries in the world? Guess when they were considered one of the wealthiest countries and the significance of what happened in America that year? “By 1913, Argentina was among the world's wealthiest nations per capita, with its income comparable to that of Western Europe and even surpassing countries like France, Germany, and Italy.

**Sun Tzu at Gettysburg with Ralph Siegel | Addressing Gettysburg** In this episode of *Addressing Gettysburg*, guest Ralph Siegel invites you into a provocative thopught exercise: how and where were the principles of **Sun Tzu's *The Art of War** applied in the Battle of Gettysburg? Sun Tzu (5th century B.C.) is one of history's most influential strategists. His treatise *The Art of War* — a compact work of 13 chapters on strategy, deception, intelligence, terrain, and timing — has shaped military thinking for millennia. ([Wikipedia][1]) He emphasizes that “the supreme art of war is to subdue the enemy without fighting,” and teaches lessons like striking where the enemy is weak, using deception, and the critical importance of knowing yourself and your enemy. ([Goodreads][2]) Meanwhile, the Battle of Gettysburg (July 1–3, 1863) stands among the most consequential clashes in American history. It resulted in massive casualties (over 50,000 combined) and marked a turning point in the Civil War, as Robert E. Lee's invasion of the North was repulsed and momentum shifted to the Union. ([American Battlefield Trust][3]) Over three brutal days, fighting raged across ridges, hills, and open fields — from McPherson's Ridge to Little Round Top, from Cemetery Hill to Pickett's Charge. ([National Park Service][4]) In this video, Ralph Siegel explores how key Sun Tzu maxims might have been applied (or misapplied) by Union generals like Meade and Confederate commanders like Lee or Longstreet. How might they have used terrain more cunningly, exploited intelligence (or lack thereof), feinted attacks, or avoided catastrophic frontal assaults? Could Pickett's Charge have been prevented or better supported by a more flexible, Sun Tzu-inspired doctrine? 

Can you navigate AI disruption without understanding your landscape? Discover how to gain true situational awareness.The rise of AI has exposed a fundamental problem in how organizations make decisions. Most leaders operate using stories and graphs, not actual maps of their landscape. This leaves them vulnerable to disruption and unable to make informed choices about where to apply new technologies. The result is chaos, waste, and strategic mistakes that could have been avoided.In this episode, Simon Wardley, creator of Wardley Mapping, explains how to build true situational awareness in your organization. He shares why most business “maps” aren't really maps at all, how to understand the landscape before making decisions, and what leaders need to know about AI adoption beyond the current hype.Key topics discussed:Why leading with stories instead of maps creates fake CEOsThe critical difference between graphs and maps in business strategyWhat Wardley mapping is and the three pattern types leaders must understandHow to identify where human decision-making adds value in your AI adoptionWhy vibe coding is powerful but dangerous without proper code reviewsWhy software development is still a craft, not engineeringHow Jevons Paradox means AI won't eliminate jobs but expand codebasesThe hidden dangers of AI hallucinations and the need for critical thinkingTimestamps:(00:00:00) Trailer & Intro(00:02:59) Career Turning Points(00:06:45) Importance of Understanding Landscape for Leaders(00:10:42) The Problem of Leading with Stories(00:12:49) Wardley Maps vs Other Types of Business Maps/Analysis(00:17:32) Wardley Map Overview(00:23:54) Why Mapping is Not a Common Industry Practice(00:26:23) Climatic Patterns, Doctrines, and Gameplay(00:30:51) Understanding Disruption by Using a Map(00:33:17) Navigating the Recent AI Disruption(00:39:37) A Leader's Guide to Adopting AI(00:42:49) Turning Coding From a Craft Into Engineering(00:48:05) Simon's AI & Vibe Coding Experiments(00:55:28) The Importance of Critical Thinking for Software Engineers(01:03:49) Navigating Career Anxiety Due to AI Fear(01:08:56) Tech Lead Wisdom_____Simon Wardley's BioSimon Wardley is a researcher, former CEO, and the creator of Wardley Mapping, a powerful method for visualizing and developing business strategy. His journey began accidentally after a bookseller recommended Sun Tzu's The Art of War, which sparked a fascination with understanding the competitive “landscape.”As the former CEO of an online photo service acquired by Canon, he felt like a “fake CEO,” leading with stories while lacking true situational awareness. This led him to discover that almost all business “maps” were merely graphs, prompting him to develop his own mapping technique. Today, his work is used by organizations like NASA and taught at multiple MBA programs, helping leaders to “look before they leap” and navigate complex technological and market shifts, including the current disruption caused by AI.Follow Simon:LinkedIn – linkedin.com/in/simonwardleyTwitter – x.com/swardleyWebsite – www.swardleymaps.comLike this episode?Show notes & transcript: techleadjournal.dev/episodes/235.Follow @techleadjournal on LinkedIn, Twitter, and Instagram.Buy me a coffee or become a patron.

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. ⁠Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking⁠ (⁠Kindle⁠)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

Today's guest is Tobias Carlisle, founder of Acquirers Funds and serves as portfolio manager of the firm's deep value strategy. He's just released a book called Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking. In today's episode, Toby starts by discussing the current valuation landscape and the challenge for small cap investors. Then he explores the intersection of Warren Buffett's investment philosophy with Sun Tzu's teachings. He walks through notable investment case studies, including General Re, Burlington Northern and Japanese trading houses. The case studies all convey the significance of patience, strategic thinking, and the pursuit of asymmetric opportunities in investing, while also addressing the psychological aspects that influence investor behavior. (0:34) Introduction of Tobias Carlisle (1:32) Value investing in current market conditions (4:04) Market outlook and valuation differences across cap-sizes (10:03) Jay Powell's recent comments (13:57) Toby's new book (19:54) The Gen Re investment (26:33) Buffett's investment in Japan and Apple (32:57) Buffett's investment principles and managing FOMO (42:30) Comparing low volatility and high beta stocks ----- Follow Meb on X, LinkedIn and YouTube For detailed show notes, click here To learn more about our funds and follow us, subscribe to our mailing list or visit us at cambriainvestments.com ----- Follow The Idea Farm: X | LinkedIn | Instagram | TikTok ----- Interested in sponsoring the show? Email us at Feedback@TheMebFaberShow.com ----- Past guests include Ed Thorp, Richard Thaler, Jeremy Grantham, Joel Greenblatt, Campbell Harvey, Ivy Zelman, Kathryn Kaminski, Jason Calacanis, Whitney Baker, Aswath Damodaran, Howard Marks, Tom Barton, and many more.  ----- Meb's invested in some awesome startups that have passed along discounts to our listeners. Check them out here!  ----- Editing and post-production work for this episode was provided by The Podcast Consultant (https://thepodcastconsultant.com). Learn more about your ad choices. Visit megaphone.fm/adchoices

Value: After Hours is a podcast about value investing, Fintwit, and all things finance and investment by investors Tobias Carlisle, and Jake Taylor. Soldier of Fortune: Warren Buffett, Sun Tzu and the Ancient Art of Risk-Taking (Kindle)We are live every Tuesday at 1.30pm E / 10.30am P.See our latest episodes at https://acquirersmultiple.com/podcastAbout Jake Jake's Twitter: https://twitter.com/farnamjake1Jake's book: The Rebel Allocator https://amzn.to/2sgip3lABOUT THE PODCASTHi, I'm Tobias Carlisle. I launched The Acquirers Podcast to discuss the process of finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations.We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success.SEE LATEST EPISODEShttps://acquirersmultiple.com/podcast/SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/FOLLOW TOBIASWebsite: https://acquirersmultiple.com/Firm: https://acquirersfunds.com/ Twitter: ttps://twitter.com/GreenbackdLinkedIn: https://www.linkedin.com/in/tobycarlisleFacebook: https://www.facebook.com/tobiascarlisleInstagram: https://www.instagram.com/tobias_carlisleABOUT TOBIAS CARLISLETobias Carlisle is the founder of The Acquirer's Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon's Business and Finance The Acquirer's Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner's Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World's Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public company corporate governance, and corporate law.Prior to founding the forerunner to Acquirers Funds in 2010, Tobias was an analyst at an activist hedge fund, general counsel of a company listed on the Australian Stock Exchange, and a corporate advisory lawyer. As a lawyer specializing in mergers and acquisitions he has advised on transactions across a variety of industries in the United States, the United Kingdom, China, Australia, Singapore, Bermuda, Papua New Guinea, New Zealand, and Guam. He is a graduate of the University of Queensland in Australia with degrees in Law (2001) and Business (Management) (1999).

“The acme of skill,” Sun Tzu wrote in The Art of War, is not “to win one hundred victories in one hundred battles,” but “to subdue the enemy without fighting.” The author of Chokepoints: American Power in the Age of Economic Warfare (Portfolio, 2025) has devoted much of his career to exploring how economic power can advance this goal. He served on the teams at the U.S. State Department that designed and negotiated Western sanctions against Russia after its 2014 annexation of Crimea, and whose economic pressure campaign against Iran led to a landmark nuclear deal in 2015. Economic warfare is how America fights its most important geopolitical battles today. From thwarting Iran's pursuit of nuclear weapons to checking Russian imperialism and China's bid for world mastery, the United States has reached into its economic arsenal to get the job done. In the process, the world economy has become a battlefield. Its weapons take the form of sanctions, export controls, and investment restrictions. Its commanders are not generals and admirals but lawyers, diplomats, and economists. Its foot soldiers are not brave men and women who volunteer for military service but business executives who seek to maximize profits yet often find they have no option other than to obey Washington's marching orders. And America's strength in these battles stems not from its gargantuan defense budget but from its primacy in international finance and technology. This book is about this kind of war. It blends research, analysis, and extensive interviews with more than one hundred of the key players in the events described, highlighting inflection points, interpreting their significance, and pulling back the curtain on the places where economic wars have been fought. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network

In this (far too long) episode, we play a quiz show with a cake as a prize. Because really, that's what every war is about: cake.

Sun Tzu: "A leader leads by example, not by force." Sun Tzu outlines the foundation of effective leadership. Influence through personal integrity and action earns genuine respect, unlike coercion, which only breeds resistance. #SunTzu #LeadershipWisdom #LeadByExample #TrueLeadership #PhilosophyOfWar#RespectOverFear #Strategy #TheArtOfWar #PowerOfExample #AncientWisdom Cryptocurrency evokes greed, and people are still falling prey to scams. From Meme to Mainstream to Scam...If the Coin is name #ScamCoin...DO NOT BUY!! They are not being ironic. Believe people when they tell you who they are.... Reports from 2025 indicate that while the number of rug pulls has decreased, the value lost to these scams has increased dramatically due to a few highly devastating incidents.  $WOLF (Wolf of Wall Street Token): Launched in March 2025, this memecoin was tied to Hayden Davis, who was also involved in the Libra scam. After rumors of a celebrity endorsement, the token's market cap surged before being drained of liquidity. tnfroisreading

Three weeks ago, we had a very special Old Masters Series show: The Art of War, Copywriting Edition. But we only covered half the book, so that made the previous episode Part 1. Today we cover the rest of the book, Chapters 7 through 13. And that makes today Part 2. Here's what you need to know: The Art of War was written by Sun Tzu (SOOON-tzeh) about 2500 years ago, as a treatise on military strategy. The Art of War reaches far beyond military warfare, however. Business overachievers like Elon Musk and Mark Benioff, founder of salesforce, are among many who have praised this book. That's because the principles in this book are universal and very powerful in any situation where you're in a struggle–and getting people to buy from the written word certainly counts as a struggle. Today you'll see exactly how Sun Tzu's principles, when applied to copy, can help you sharpen your copy, position your offers better, and persuade prospects more naturally. I've gotta tell you, I was surprised when I was preparing this how easily his principles can be applied to copy. Now, there's a reason The Art of War has lasted for more than two thousand years. It's not just because people like reading about swords and spears. It's because the way Sun Tzu thought about winning applies anywhere there's competition — whether it's two armies on a field, two companies in a market… or you, sitting at a keyboard, trying to out-sell the other guy. When you're writing copy, you're not just “putting words together.” You're maneuvering. Positioning. Adapting. Watching for the right moment to strike. If you've ever had a great piece of copy flop… or a headline you loved get ignored… or a competitor suddenly steal your customers… …you've felt the same frustration a general feels when the plan falls apart halfway through the battle. Sun Tzu didn't leave that to chance. He studied how to win before the fight began — and how to keep control until the very last move. Today, we're going to tap into the last seven chapters of his book. These are the chapters about keeping your opponent guessing… matching your tactics to the exact ground you're on… knowing when to press hard and when to pull back… and gathering the kind of intelligence that lets you win before the other side knows what happened. Download.

Be where your enemies are not. Sun Tzu, Art of War.  Walk into your next chapter with abundance. Be at peace and strive drama-free, but I will get with you if you want to go there. (Felicia Baxter, All the Time I lay hands. ) I am not sure if Octavia Butler would agree with me using her idea, but I am at least going to write the story I wouldn't mind reading. For full podcast notes, navigate to dalesangelsinc.blog  to view the newest video releases, a preview of what I am reading, and the state of cryptocurrency. Real Housewives, where is the Real? None of ya'll are listed as producers so stop playing in our faces. What is the deal with this mean girl-ish behavior with Gina and Emily from OC? Tag team mean and nasty...get out of here. Don't ya'll have more meaningful stuff or goofy to not gang up on Katie G? Yes, massive liar liar pants on fire but still... Read more about AfroDruid Magic Elixir https://linktr.ee/tnfroisreading Racing to Buy Crypto!!!

  Be where your enemies are not. Sun Tzu, Art of War.  Walk into your next chapter with abundance. Be at peace and strive drama-free, but I will get with you if you want to go there. (Felicia Baxter, All the Time I lay hands. )   For full podcast notes, navigate to dalesangelsinc.blog  to view newest video releases a preview what I am reading and the state of crytocurrency.   Read more about AfroDruid Magic Elixir https://linktr.ee/tnfroisreading Racing to Buy Crypto!!!