Podcasts about thornburg investment management

On this two-part episode of Animal Spirits: Talk Your Book, Michael Batnick and Ben Carlson speak with Jason Greenblath of American Century Investments about short duration fixed income, remaining active during recessions, inflationary spikes and fixed income. Then, at the 21:30 mark, the guys speak with Christian Hoffmann of Thornburg Investment Management to discuss opportunities in global credit markets, recession risk, heightened volatility, the Fed and inflation, and much more! Find complete show notes on our blogs: Ben Carlson's A Wealth of Common Sense Michael Batnick's The Irrelevant Investor Feel free to shoot us an email at animalspirits@thecompoundnews.com with any feedback, questions, recommendations, or ideas for future topics of conversation.   Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Learn more about your ad choices. Visit megaphone.fm/adchoices

The parade of big tech earnings rolls on, with Amazon reporting Q1 results today. The Futurum Group's Daniel Newman lays out his expectations. Plus, McDonald's and Starbucks also open their books today. Morgan Stanley's Brian Harbour tees up the numbers. And, the Fed kicks off its two-day policy meeting today, with a decision due tomorrow. Hargreaves Lansdown's Emma Wall and Thornburg Investment Management's Jeff Klingelhofer discuss.

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith and Bloomberg News Economics Reporter Steve Matthews chat about Fed policy and inflation concerns. Jeff Klingelhofer, Head of Investments for Thornburg Investment Management, discusses a recession risk and the investment environment. William Chin, Head of Commodities at SGX Group, talks about the "financialisation" of iron ore. Adam Sullivan, CEO of Core Scientific, discusses the business of Bitcoin mining. And we Drive to the Close with Nancy Tengler, CEO and CIO at Laffer Tengler Investments. Hosts: Carol Massar and Sonali Basak. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

 Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. Bloomberg News Economics Editor Molly Smith and Bloomberg News Economics Reporter Steve Matthews chat about Fed policy and inflation concerns. Jeff Klingelhofer, Head of Investments for Thornburg Investment Management, discusses a recession risk and the investment environment. William Chin, Head of Commodities at SGX Group, talks about the "financialisation" of iron ore. Adam Sullivan, CEO of Core Scientific, discusses the business of Bitcoin mining. And we Drive to the Close with Nancy Tengler, CEO and CIO at Laffer Tengler Investments. Hosts: Carol Massar and Sonali Basak. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Robust economic growth surprised investors this year, but significant geopolitical tensions and other factors bring uncertainty. As 2024 approaches, Thornburg Investment Management's Ben Kirby discusses its global strategy for providing long-term investors with income despite current market challenges, and views on the broader market outlook. Listen to the episode and view the transcript below. Thornburg is a privately held global investment firm delivering on strategy for institutions, financial professionals, and investors worldwide, and offers a variety of products including closed-end funds. Its Thornburg Income Builder Opportunities Trust (TBLD) allocates between global equities and fixed income to support an income stream as well as total return for investors.

Rick Wurster, President of Charles Schwab, talks about the challenges advisors are currently facing. Joe Grogan, Head of Distribution at WisdomTree, discusses making investing simple. Kathy Jones, Chief Fixed Income Strategist at Schwab Center for Financial Research, explains why it's been an unprecedented year for bonds. Jalina Kerr, Managing Director and Head of Client Experience for Schwab Advisor Services, provides details on the latest products and solutions for Schwab's RIA clients. And we Drive to the Close with Ben Kirby, Co-Head of Investments at Thornburg Investment Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Rick Wurster, President of Charles Schwab, talks about the challenges advisors are currently facing. Joe Grogan, Head of Distribution at WisdomTree, discusses making investing simple. Kathy Jones, Chief Fixed Income Strategist at Schwab Center for Financial Research, explains why it's been an unprecedented year for bonds. Jalina Kerr, Managing Director and Head of Client Experience for Schwab Advisor Services, provides details on the latest products and solutions for Schwab's RIA clients. And we Drive to the Close with Ben Kirby, Co-Head of Investments at Thornburg Investment Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Barron's senior managing editor Lauren R. Rublin and deputy editor Ben Levisohn speake with Jason Brady, president and CEO of Thornburg Investment Management on the outlook for financial markets, industry sectors, and individual stocks.

Thornburg Investment Management's multi-asset strategy of global dividend-paying equities and diversified fixed income with an options overlay may provide investors with high current income and global growth over time – and help mitigate some risks of today's market volatility. In this CEF Insights Podcast episode, Thornburg Portfolio Manager and Managing Director Christian Hoffman discusses opportunities in these asset classes, the 2023 outlook, and more views on the current market. Thornburg is a privately held global investment firm delivering on strategy for institutions, financial professionals, and investors worldwide, and offers a variety of products including closed-end funds. Its Thornburg Income Builder Opportunities Trust, ticker TBLD, allocates between global equities and fixed income to support an income stream as well as total return for investors.

Christian Hoffman, Portfolio Manager and Managing Director at Thornburg Investment Management, discusses the latest on the markets. He spoke with hosts Doug Krizner and Paul Allen on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

(Corrects guest name) Christian Hoffmann, Portfolio Manager and Managing Director at Thornburg Investment Management, discusses the latest on the markets. He spoke with hosts Doug Krizner and Paul Allen on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

In Money Conscious Episode 11: The Story of Thornburg Investment Management's Extraordinary LEED Gold Certified Headquarters, my guest is Sergio Silva, Facility Manager at Thornburg Investment Management's 100,000 square foot certified LEED gold headquarters in Santa Fe. Sergio joined the company in 2015 and currently oversees all aspects of building and grounds maintenance, including physical infrastructure, security, testing and inspections, environment, and health and safety requirements. Recently at a conference hosted by Thornburg, Sergio gave me a tour of the headquarters. I was absolutely fascinated as he described the foresight and comprehensive planning that went into the design, construction, and ongoing maintenance of this green building, and how the development of new technologies means that over time the energy efficiency is increased, and the environmental impact of the building grows lighter.     I asked Sergio to share with my listeners what makes this building such an excellent example of the extraordinary efficiency that can be achieved when businesses choose to make their buildings green.  In today's episode, Sergio and I share the highlights from my tour, including how: The building was designed to use 47% less energy and 43% less water than a facility of a typical size. This building has achieved 100% carbon neutrality. The rooftop installation of solar panels produces a surplus of energy annually, directing the unutilized power from the building back to the local power grid. This clean energy counters Thornburg's carbon emissions and offsets its carbon footprint. Passive water harvesting, an underground cistern and an outdoor porous paving system allow the headquarters to reduce outdoor water use and direct cleaner water back into the community. Significant environmental elements are integrated into the interior and exterior of the building.  Noteworthy interior features include a highly efficient underfloor air delivery system, sensor-controlled T5 lighting, operable windows, low-emitting materials and extensive controlled daylighting to make use of solar energy.  The building honors the beauty of Santa Fe's natural environment while incorporating the latest in building technology and design. And much, much more! Show Notes: Please review the Thornburg Corporate Social Responsibility (CSR) Annual Report released in June 2022 - link: https://www.thornburg.com/pdfs/csr-annual-report-2022. It contains additional insight on the building and Thornburg's approach to the environment and sustainability. Pages 20-21 are specific to the building, with additional details throughout the report. In every episode of Money Conscious, host Sacha Millstone talks with exciting, knowledgeable guests about what it means to invest our money consciously. The title Money Conscious reflects two priorities we're passionate about at The Millstone Evans Group: putting your values where your money is, and raising consciousness about money matters in an easy, personal and relatable way.  After you've listened to the podcast, share your feedback about the podcast and future topic suggestions with us. Please also share the podcast link with your family, friends and colleagues. And if you like the show, please leave a 5-star review so others can find it, too. Thank you! Visit The Millstone Evans Group website for more information about the company.

Andy Browne, Partner at Brunswick Group, discusses Chinese President Xi's power grab in China. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Jackie Davalos provide the details of Jackie's Businessweek story Implosion of Instant Delivery Interrupts $15 Billion VC Fantasy. Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams has a preview of earnings from big tech companies. And we Drive to the Close with Ben Kirby, Co-Head of Investments at Thornburg Investment Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Andy Browne, Partner at Brunswick Group, discusses Chinese President Xi's power grab in China. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Technology Reporter Jackie Davalos provide the details of Jackie's Businessweek story Implosion of Instant Delivery Interrupts $15 Billion VC Fantasy. Bloomberg Intelligence Chief Equity Strategist Gina Martin Adams has a preview of earnings from big tech companies. And we Drive to the Close with Ben Kirby, Co-Head of Investments at Thornburg Investment Management. Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.  See omnystudio.com/listener for privacy information.

Jeff Klingelhofer, Co-Head of Investments and Portfolio Manager, at Thornburg Investment Management, discusses his markets outlook. He spoke with hosts Doug Krizner and Paul Allen on "Bloomberg Daybreak Asia."See omnystudio.com/listener for privacy information.

In Knowledge is Comfort: Why We Love Dividend-Paying Stocks, the latest episode of the new Millstone Evans Group podcast Money Conscious hosted by President Sacha Millstone, Sacha and Ben explore how the 2008 financial crisis was very different than what we are facing today. You'll hear why the consumer is in a much better position now, including why the broad-based level of inflation that we're experiencing now is also quite different than what we had in 2008. You'll get a brief and engaging glimpse into how a research expert analyzes and evaluates companies to find opportunities during down times and make investments for multi-year horizons.  You'll also find out why savvy investors should understand the importance of dividend-paying stocks, which are the best performing asset class this year. As Ben notes in the podcast, “Dividends are also called equity income and equity income has the really important feature of being able to grow over time. So as opposed to being fixed, dividends go up over time as the economy grows, as inflation happens. Good companies are able to share their profits with investors. And as those profits grow, they share more of those profits with investors.” Knowledge is power. Knowledge is comfort, too. We hope this episode brings you both. Show Notes: Podcast guest Ben Kirby is co-head of investments for Thornburg Investment Management, responsible for driving the investment process at the firm. He also manages several funds including the Thornburg Investment Income Builder, Developing World Fund, and Summit Fund. He joined Thornburg in 2008 as equity research analyst, was promoted to associate portfolio manager in 2011, and was named portfolio manager and managing director in 2013. In every episode of Money Conscious, host Sacha Millstone talks with exciting, knowledgeable guests about what it means to invest our money consciously. The title Money Conscious reflects two priorities we're passionate about at The Millstone Evans Group: putting your values where your money is, and raising consciousness about money matters in an easy, personal and relatable way.  After you've listened to the podcast, share your feedback about the podcast and future topic suggestions with us. Please also share the podcast link with your family, friends and colleagues. And if you like the show, please leave a 5-star review so others can find it, too. Thank you!

In this episode we are joined by Bill Loehning of Thornburg Investment Management who shares his experiences working with both wirehouses and independent advisors and things he has learned that may be helpful to registered investment advisors. William (Bill) Loehning is head of institutional advisor channel, focusing on registered investment advisors, family offices, and bank trust for Thornburg Investment Management. He has extensive experience working with all parts of the advisor community. Prior to joining Thornburg, Bill was a senior advisor consultant with Putnam Investments, focused on the Northeast. Before that, Bill served as a regional marketing director for The Hartford, covering the wirehouses in New England and as a regional representative for John Hancock for the independent channel in the Chicago area. I think that the strongest firms that we know and the firms that are excellent at what they do, they keep a great structure out there of firms that are like-minded. So, it's sharing best practices, not being afraid to do that, and seeing how everybody can grow together. That's something that we do on the asset management side quite often. Bill Loening, Thornburg Investment Management  

In this episode we are joined by Bill Loehning of Thornburg Investment Management who shares his experiences working with both wirehouses and independent advisors and things he has learned that may be helpful to registered investment advisors. William (Bill) Loehning is head of institutional advisor channel, focusing on registered investment advisors, family offices, and bank trust for Thornburg Investment Management. He has extensive experience working with all parts of the advisor community. Prior to joining Thornburg, Bill was a senior advisor consultant with Putnam Investments, focused on the Northeast. Before that, Bill served as a regional marketing director for The Hartford, covering the wirehouses in New England and as a regional representative for John Hancock for the independent channel in the Chicago area. I think that the strongest firms that we know and the firms that are excellent at what they do, they keep a great structure out there of firms that are like-minded. So, it's sharing best practices, not being afraid to do that, and seeing how everybody can grow together. That's something that we do on the asset management side quite often. Bill Loening, Thornburg Investment Management  

Bloomberg Opinion Pharma Columnist Lisa Jarvis discusses how a vaccine to prevent all Covid is within reach. Bloomberg Businessweek Editor Joel Weber and Bloomberg Senior Economics Writer Shawn Donnan share the details of Shawn's Businessweek Magazine story How Did ID.me Get Between You and Your Identity? Bloomberg News Editor-at-Large Erik Schatzker talks about his interview with famed investor Jeremy Grantham who says U.S. stocks are in a “super bubble.” Nikki Baird, Vice President of Retail Innovation at Aptos, discusses a strong holiday shopping season for retailers. And we Drive to the Close with Ben Kirby, Co-Head of Investments at Thornburg Investment Management. Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan. Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Bloomberg Opinion Pharma Columnist Lisa Jarvis discusses how a vaccine to prevent all Covid is within reach. Bloomberg Businessweek Editor Joel Weber and Bloomberg Senior Economics Writer Shawn Donnan share the details of Shawn's Businessweek Magazine story How Did ID.me Get Between You and Your Identity? Bloomberg News Editor-at-Large Erik Schatzker talks about his interview with famed investor Jeremy Grantham who says U.S. stocks are in a “super bubble.” Nikki Baird, Vice President of Retail Innovation at Aptos, discusses a strong holiday shopping season for retailers. And we Drive to the Close with Ben Kirby, Co-Head of Investments at Thornburg Investment Management. Hosts: Carol Massar and Katie Greifeld. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.

Michael Ordonez, director of client portfolio management at Thornburg Investment Management, says that the biggest issue income investors face today is economic dynamics that are leading to a 'very difficult sustained income demand landscape, with less and less opportunities to generate that income.' That situation led Thornburg to enter the closed-end fund space for the first time with the Thornburg Income Builder Opportunities Trust, a new fund that uses the new, commonplace pricing structure, which Ordonez describes as 'Closed-End Fund 2.0' thanks to enhancements that should make the investing experience better for investors.

Michael Kahn, senior market analyst at Lowry Research Corp., says that technical analysis shows that the market at record highs is hiding the fact that parts of the market are not working, and that a number of indexes and indicators -- with the notable exception of the Standard and Poor's 500 -- are flat or struggling. 'I don't see that the rising tide is raising all boats,' Kahn says. 'I don't think the tide is rising.' In the Big Interview, Richard Smith of The RISK Rituals newsletter -- chief executive at the Foundation for the Study of Cycles -- talks about current market movements and how investors can better deal with risk. Michael Ordonez of Thornburg Investment Management, says in The NAVigator that the difficult environment for income-oriented investors, coupled with regulatory changes allowing for a more consumer-friendly structure led to the firm creating its first-ever closed-end fund, and that he expects more funds to take up the new structure. And in the Market Call, Andrey Kutuzov, portfolio manager for Seven Canyons Advisors, discusses small-cap growth investing around the globe.

Barron's senior managing editor Lauren R. Rublin, deputy editor Ben Levisohn and Jason Brady, CEO and President, Thornburg Investment Management discuss what's ahead for financial markets and the Fed.

Welcome to the Her Two Cents Podcast where your hosts Laura Webb and Faith Doyle come together as two female financial advisors with over 40 years of collective experience to provide a multigenerational perspective on all things money. Our goal is that through these conversations, we can normalize the way women talk about and view money. We are all our own people, being an individual is great and empowering, but does when you were born influence how you look at finances? Without a doubt. Yes, we have our own experiences, feelings, and ideas but the generation we grew up in informs how we look at the world. We went through events in our lives growing up that only our peers can even attempt to understand how that shaped us. These feelings and timing of events has a great impression on how we deal with major areas of our lives; including how we view money and how we manage money. Please join us for a conversation between an early Baby Boomer, a late Baby Boomer, and a cusp Gen X/Millennial (yep, that’s an interesting one, ha-ha). We are joined by Jan Holman, Director of Advisor Education at Thornburg Investment Management in this riveting and informative episode discussing how the different generations view finances. This is one you don’t want to miss. To find out more about Jan and Thornburg please visit: www.thornburg.com See omnystudio.com/listener for privacy information.

Jason Brady, chief executive officer at Thornburg Investment Management, says that the economy is poised for strong growth, but that high stock valuations and continued volatility will create a divergence between the economy and market that reverses the trend of 2020, when stocks grew fast while the economy sputtered.  He suggests rebalancing portfolios because the 'trends that were in place for the last 12 months or so will be in place for the next 12.' Also on the show, Tom Lydon of ETFTrends.com makes the Van Eck Vectors Social Sentiment fund -- a new issue that is trading in stocks that have been caught up in social media buzz -- his "ETF of the Week," Jeff Hoyt of SeniorLiving.org discusses a surprising survey about the impact of the pandemic on the finances of Americans age 60 and over, and Gerry Frigon of Taylor Frigon Capital Management talks stocks in the Market Call.

Jason Brady, president and CEO of Thornburg Investment Management, joins Barron’s to discuss the outlook for financial markets, industry sectors, and individual stocks.

Jason Brady, president and CEO of Thornburg Investment Management, on the outlook for financial markets, industry sectors, and individual stocks.

Jeff Klingelhofer, co-head of investments at Thornburg Investment Management, says that investors should be nervous and defensive because of the disconnect between the economy and the stock and bond markets, noting that he worries that the Federal Reserve is ill-equipped for fighting unemployment in addition to its traditional role of combating inflation. Despite the worries, Klingelhofer still believes that the domestic market is the best place to invest. Also on the show, Jeff Krumpelman of Mariner Wealth Advisors says he believes the market is headed for a correction, though he believes there is a solid foundation to enable a reasonably quick recovery from any decline. Also on the show, Ken Tumin of DepositAccounts.com discusses how consumers are changing their banking habits in the pandemic, and Mike Liss of American Century Value Fund talks relative-value investing in the Market Call.

Darrell Cronk, chief investment officer at Wells Fargo Wealth and Investment Management, said that while the stock market is struggling and not yet showing compelling values, he is confident that a rebound is coming globally and that the United states -- and specifically domestic large-cap growth stocks -- will lead the way for investors looking to climb out of the hole put in their portfolio by the market's recent draw down. Also on the show, Jason Brady, chief executive officer at Thornburg Investment Management , suggests that income and dividend investors will need to be cautious during the recovery because income investments will be changed by and reflect current market conditions for the foreseeable future. Also on the show, Tom Lydon of ETFTrends.com makes an intermediate muni-bond fundtime his ETF of the Week, and Mike Brown of LendEDU.com is back to give an update on his site's survey of consumers' financial reaction to the COVID-19.

In this episode, Alex Proimos, head of domestic content, Conexus Financial, chats with Jason Brady, chief executive and president of Thornburg Investment Management, about a range of topics including dividends, bond yields and creating robust income in retirement.

  In-bok Song joined Seafarer Capital Partners in 2016. She is a lead portfolio manager of the Seafarer Overseas Growth and Income Fund and is the firm’s director of research and chief data scientist, responsible for the firm’s research processes and systems, new research methodology initiatives, and oversight of training for analyst staff. Prior to joining Seafarer, she was an associate portfolio manager at Thornburg Investment Management, where she focused on emerging markets. Previously, In-bok was a co-manager of the Matthews Pacific Tiger Fund at Matthews International Capital Management. She began her career in emerging markets as an analyst with T.Stone Corp, a private equity firm in Seoul, South Korea. In-bok holds bachelor’s and master’s degrees in material science and engineering from Seoul National University. She also holds a master’s in international management from the King’s College London, and a master’s in management science and engineering with a concentration in finance from Stanford University.     “I had a point at which I think my learning curve was very steep, and then it plateaued … I don’t think it means that one knows everything, just that another learning curve is coming.” - In-bok Song   Worst investment ever Have an anchor point. But collect data, collect information, and that will give you a good anchor point. But a good analyst does research and more research, and thinks hard about the validity of that anchor. A strong company can die slowly. Investors and analysts need to be really careful. Trying to understand what is going on is important. In a short time frame, a company can appear to be struggling, but you can be fooled by some sound fundamentals, such as a good manufacturing base or a very good brand and a good customer base. So it may not seem to be dying. What can be happening however is that the rate of their decline is so slow that you can’t see it. The value of the franchise is related to why a company may die slowly. That and its organizational structure. The good investor needs to understand the organizational structure. In most cases when a company’s share price falls, investors know the problem. The company comes out with a plan, and the investor believes it for perhaps a month. Some companies will turn around and some companies won’t. If a company doesn’t turn around, they tend to have an organizational problem. Ask questions and you can detect any chinks in the organizational structure. Ask how people are structured, how much each function is co-operating with the other. Sometimes we don’t ask these questions. In-bok says she didn’t at the beginning of her career. Also ask management: “What is your organizational structure? Are employees happy? What are your plans for hiring?” Management may not give you the financial numbers, but they might answer questions such as these. And these things are very important.   Andrew’s takeaways Do your research. It is often easier said than done. Get to understand the management team. In most companies, the team is a mess, and they’re fighting with each other or not always working together, which is human nature. So the question really is: “How is it structured? How is the leader bringing all the best of these things together? Usually analysts don’t look at such things because we like to look at numbers. But, In-bok has shown very well that there are times an analyst think they’re using valid numbers when in fact, they can be almost fiction. So be careful of overconfidence. Success can bring confidence, and we can carry that confidence into other areas. In the world of finance, just when you get confident about something, things change. Even the big corporation can liquidate slowly and steadily – investors could not know what the actual problem is facing in the organization due to strong cash flow, high creditability because of strong relationships with bank and other creditors. If you find yourself changing the reason why you invested, it’s a good time to stop and rethink. It might even be a good idea to reduce the position or bring it to zero. At this time you can also ask yourself, am I really willing to keep this in the portfolio based on this new reason. Level of access to a company’s management and information varies greatly depending on your role. For a sell-side analyst or an individual investor, it’s hard to get the type of attention that a fund manager and an in-house (buy-side) analyst can get when the company knows that that the fund has invested already, meaning they are already stakeholders. And so that level of access is a whole different world from what most people are getting. Also on “a strong company may die slowly”. That is a really valid point. Just because a company has a lot of cash, a lot of credibility, or good relationships with the banks, does not mean it is not going to die. So everything in the world finance, every company, can die and things go up and down.   “From an investment perspective, it can be just time to say: ‘Yep, I like this company, good management, good products, good cash flow right now, but I think it’s going to die over the next five or 10 years and I've just got to get out of it.” – Andrew Stotz   Finance is both science and art. And because people and their infinitely varied behavior and reactions are involved, it’s beyond the kinds of physical laws that we see in physics and areas such as engineering.   No. 1 goal for the next 12 months “I have to exercise.” “I want to learn more about different asset classes.” “I want to travel for myself. I always traveled for business, but never just for myself, so I want to go to New York this year.”   Parting words In-bok earlier compared the gaining of knowledge during her career as adding dots and then connecting the dots. “So this year, let’s continue connecting our dots.”   Andrew’s parting words “Yes, let’s keep connecting those dots because ultimately, the true value in life is the connections that we make.”       You can also check out Andrew’s books How to Start Building Your Wealth Investing in the Stock Market My Worst Investment Ever 9 Valuation Mistakes and How to Avoid Them Transform Your Business with Dr.Deming’s 14 Points    Connect with In-bok Song LinkedIn  Website   Connect with Andrew Stotz astotz.com  LinkedIn Facebook  Instagram Twitter  YouTube My Worst Investment Ever Podcast     

This is the Albuquerque Business Podcast with your host Jason Rigby. Each week we interview leading local business leaders to inspire the vision and the spirit that is in every entrepreneur. We discuss strengths, weakness, strategies, systems and the problems we can all solve together to fulfill a shared vision of a new future for Albuquerque. Special Guest Peter Trevisani Owner CEO of New Mexico United Soccer Team in Albuquerque www.newmexicoutd.com A graduate of Boston College, and Columbia University, Peter Trevisani, is the first Club President and CEO of New Mexico United. He is motivated by a commitment to community, a love of competition, and a concrete belief that soccer can pave the path to meaningful growth in the state of New Mexico. Born just outside of Boston, MA, sometime between the Boston Tea Party and Tom Brady being drafted, Peter attended Boston College where he played the other kind of football: American Football.  After graduating, and attempting to go pro in Italy, he spent three years building personal computers for small businesses in Boston before trading his floppy drive in for a calculator and embarking on the path of finance.  It started with an MBA from Columbia University and finished 16 years later in Santa Fe, NM, where he was a Partner at Thornburg Investment Management.  After leaving Thornburg in 2015, Peter wrote down 5 things that he loved, besides his family.  One was immersive theater.  His passion for immersive theater lead to an early investment and advisory work with the  Santa Fe art collective, Meow Wolf.  Another was health and fitness.  This inspired “Project 47” a self-induced fitness challenge where Peter worked out for 47 days in a row, but each workout involved a different fitness discipline.  This challenge lead Peter to some familiar workouts such as crossfit and mountain biking but it also found him in some less comfortable environments, such as a water aerobics class and playing dodgeball with the 6th grade class at his son’s school.   Peter also listed the word “Community”.  It was this single word that inspired him to lead a group of like-minded individuals who shared his vision to inspire and elevate fellow New Mexicans.  The medium for this change and inspiration… soccer.  Peter sees this team as a vehicle for community engagement and the catalyst for systemic change.  The club will compete at an elite level, with the foundational goals of winning the USL and Open Cup, but beyond that, it will overtly, and positively improve the self-worth of this beautiful state.  When he is not focused on community, health and fitness, immersive theater, music or learning, Peter can be found with his wife of 20 years Wendy, three generally well behaved kids Blake, Luke and Pierce and man-dog, Tyrone.  Please go to www.abqpodcast.com where you can get show notes, resources,and links to everything we talked about today to help you navigate your journey as an entrepreneur and business owner in ABQ  

Josh Wingrove, Bloomberg News Canada Economy and Politics Reporter, and Shira Ovide, Bloomberg Opinion Tech Columnist, talk about the tech and trade impact of the arrest of Huawei's CFO on potential violations of U.S. sanctions on Iran. Caleb Melby, Bloomberg News Financial Investigations Reporter, explains his story from Businessweek Magazine on how the Kushner family is receiving a tax perk through so-called "Opportunity Zones." Mora Neilson, VP of Brand Communications & Strategic Initiatives at L'Oréal Paris, and Christy Silva, Founder of Aidan's Heart Foundation, share the charitable work of the "Women of Worth" program. David Kirpatrick, CEO at Techonomy, discusses big tech CEOs meeting with the White House on trade and intellectual property issues. And we Drive to the Close of Markets with Connor Browne, Portfolio Manager at Thornburg Investment Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan  Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Josh Wingrove, Bloomberg News Canada Economy and Politics Reporter, and Shira Ovide, Bloomberg Opinion Tech Columnist, talk about the tech and trade impact of the arrest of Huawei’s CFO on potential violations of U.S. sanctions on Iran. Caleb Melby, Bloomberg News Financial Investigations Reporter, explains his story from Businessweek Magazine on how the Kushner family is receiving a tax perk through so-called "Opportunity Zones." Mora Neilson, VP of Brand Communications & Strategic Initiatives at L’Oréal Paris, and Christy Silva, Founder of Aidan’s Heart Foundation, share the charitable work of the "Women of Worth" program. David Kirpatrick, CEO at Techonomy, discusses big tech CEOs meeting with the White House on trade and intellectual property issues. And we Drive to the Close of Markets with Connor Browne, Portfolio Manager at Thornburg Investment Management. Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan 

Andrew Mayeda, Bloomberg News Trade Reporter, and Christina Fattore, Associate Professor at West Virginia University, discuss the latest in U.S. Canada trade negotiations. Christopher Flavelle, Bloomberg News Climate Policy Reporter, explains the potential contamination of Miami's drinking water. Lon Erickson, Portfolio Manager at Thornburg Investment Management, shares where to find income in the markets. Arit John, Bloomberg News Political Reporter, breaks down Democrats attempts to win mid-term elections. And we Drive to the Close of the market with Rod Smyth, Director of Investments at Riverfront Investment Group.  Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan

Andrew Mayeda, Bloomberg News Trade Reporter, and Christina Fattore, Associate Professor at West Virginia University, discuss the latest in U.S. Canada trade negotiations. Christopher Flavelle, Bloomberg News Climate Policy Reporter, explains the potential contamination of Miami's drinking water. Lon Erickson, Portfolio Manager at Thornburg Investment Management, shares where to find income in the markets. Arit John, Bloomberg News Political Reporter, breaks down Democrats attempts to win mid-term elections. And we Drive to the Close of the market with Rod Smyth, Director of Investments at Riverfront Investment Group.  Hosts: Carol Massar and Jason Kelly. Producer: Paul Brennan Learn more about your ad-choices at https://www.iheartpodcastnetwork.com

Thornburg Investment Management with Connor Browne and Bimal Shah

A guest appearance from one of the titans of income investing: Jason Brady, CEO of Thornburg Investment Management in Santa Fe, New Mexico.  We get a little insight as to what it's like to run an active asset manager during the rise of passive management.  Jason also discusses whether the bond bull market is actually over, the outlook for deficits and bond issuance, and more.

The advantage of active management in bond investing with two top performing mutual fund managers from Thornburg Investment Management. WEALTHTRACK #1349 broadcast on May 26, 2017. --- Support this podcast: https://anchor.fm/wealthtrack/support

Today’s show is focused on international investing. While many investors have been shying away from investing in Europe and Emerging Markets, a well-diversified portfolio will have international investments that go beyond today’s news.  Our guest today is Bill Chisholm from Thornburg Investment Management who helps us understand why international investments are important.  Over the past 10 years, international investments have outperformed the US market, as measured by the S&P 500, 7 out of 10 times International equities represent more than half of the world’s market capitalization.  That has changed over the years.  When we look at performance, the US market, international developed markets and the international emerging markets, all have very different patterns of return.  In statistical jargon, they are all weakly correlated, so by including them together in a portfolio, an investor can improve their dollar return over the long-run by smoothing out volatility.  Most people don’t realize that volatility cuts into the amount of money you earn.   When people say they achieved an average 8% return, I always ask them, “with what level of volatility”, since the return percentage is only part of the story.  Most people don’t look at the full picture, but volatility will cut into the actual dollars that you earn.  Volatility matters a great deal.  This is a hard concept for people to understand, but it is fundamental to investing responsibly. We also explain the difference between passive and active management.  Active management is where a fund manager actively chooses stocks to hold in their fund.  You pay higher expenses for active management.  However, many fund managers don’t really add value; they simply follow the benchmark, so after fees, they underperform the benchmark.  Passive management is simply investing in an index, such as the MSCI EAFE, either in an index fund or an ETF (we spoke a bit about ETFs last show).  However, active management can be beneficial.  Cremers and Petajisto’s 2009 study showed that there are a handful of actively managed mutual fund managers who are able to beat the market, after their fees.  Their study rocked the academic and investment world.  The problem is that the average investor doesn’t know how to find these funds, which is why I often recommend that most people stick with an index or ETFs.   If you have the tools and the skill or you are working with an investment professional, you want to look for active management with a high active share, which has the potential to beat the benchmark.

A steady stream of income – for life. Sound good? You don't need to be ultra-rich or even moderately wealthy to look toward your nest egg for income. Jason Brady, author of Income Investing, helps manage billions of dollars at Thornburg Investment Management, and now he shares his knowledge with investors like you. He'll discuss the risks and rewards of using your savings to build a steady income stream and compound returns over time. Topics will include how to tap into the money-making potential of bonds, reinforcing your portfolio with income-producing assets, understanding how options affect your investments, avoiding adverse outcomes, and planning your retirement to reach your long-term goals. Whether you're a Baby Boomer, Gen Xer planning for the future, or an investor looking to learn more about trying to optimize your income, this segment will provide useful information for you. For more information: http://www.mhprofessional.com/product.php?cat=106&isbn=0071791116.

A steady stream of income – for life. Sound good? You don't need to be ultra-rich or even moderately wealthy to look toward your nest egg for income. Jason Brady, author of Income Investing, helps manage billions of dollars at Thornburg Investment Management, and now he shares his knowledge with investors like you. He'll discuss the risks and rewards of using your savings to build a steady income stream and compound returns over time. Topics will include how to tap into the money-making potential of bonds, reinforcing your portfolio with income-producing assets, understanding how options affect your investments, avoiding adverse outcomes, and planning your retirement to reach your long-term goals. Whether you're a Baby Boomer, Gen Xer planning for the future, or an investor looking to learn more about trying to optimize your income, this segment will provide useful information for you. For more information: http://www.mhprofessional.com/product.php?cat=106&isbn=0071791116.