Podcasts about The Vanguard Group

Jennifer (Jenny) Rozelle is one of the Owners of Indiana Estate & Elder Law. She serves in a leadership role focusing on firm management, strategic growth, team development, and speaking locally and nationally on various estate and elder law topics.  Jenny obtained her bachelor's degree in both political science and history from Butler University and a Doctor of Jurisprudence from Indiana University Robert H. McKinney School of Law. • • • This episode of the podcast is hosted by Jon Luskin, CFP®, a long-time Boglehead and financial planner. The Bogleheads® are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads® have held national conferences in major cities across the country. The 2025 conference will take place in San Antonio, Texas, from October 17 to 19. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.   Show Notes: Legal Tea podcast Bogleheads on Investing with Ryan Barrett and Mike Piper: Episode 52 Bogleheads® Live with Cameron Huddleston: Episode 34 Legal Tea podcast - Ep. No. 203. Current Trends - When Good Deeds Go Bad: Transfer on Death Deed Version The National Academy of Elder Law Attorneys (NAELA)

Joe Davis, Ph.D., is Vanguard's global chief economist and global head of the Investment Strategy Group. He leads teams responsible for Vanguard's research and thought leadership agendas as well as the development and oversight of the firm's investment methodologies and models. In this episode, we discuss his new book, Coming Into View: How AI and Other Megatrends Will Shape Your Investments.    Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities across the country. The 2025 conference will take place in San Antonio, Texas, from October 17 to 19. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Ochelli Effect 9-25-2025 SNAFU NEWS OVERNIGHTActually went LIVE 530 AM EasternJust to get on it ahead of tomorrows shorts X Mess, and firestorm meltdowns , here we go...Let's start with a typical Americans target something that makes no sense because someone wants you to believe an unproven motive you may have forgotten from June of this year. NOTE all The MSM agree to play the BS Motive game especially when COPS who NNNEEEEEVVVVEEERRRRR Lie present BS without investigation or the narrative they or those that support them enjoy. We report, we decide and you keep buying it, should be the American MSM mantraLPhotos show Waymo vehicles on fire during LA protests as company cuts downtown servicehttps://www.cnbc.com/2025/06/09/photos-waymo-fire-la-protests.htmlRWaymo cars set on fire as Los Angeles immigration raids protests continuehttps://www.foxla.com/news/waymo-cars-fire-los-angeles-immigration-raids-protestsNow think critically if you can?Ochelli SEZ The Grouypers Strike againWitnesses say there were intentional pauses between shots that seemed as though targets were selected carefully and if true aside from bullets strikes the building all bullets landed on Detainees NOT ICE COPSGunman wrote 'ANTI-ICE' on unused bullet in fatal attack on Dallas immigration officehttps://www.reuters.com/world/us/three-injured-shooting-ice-facility-dallas-local-media-reports-2025-09-24/THE THING THEY SLIP BY YOU ON AUTISM WHILE IDIOTS ARGUE OVER HOW EFFECT or DESTRUCTIVE TYLENOL IS = THE NEW QUID PRO OR QUO THAT IS A BRAND NEW SHINY FDA APPROVAL FOR A LEGACY DRUG COMPANY THAT CHANGED IT's NAMES and MERGERS with MERGERSGSK plc is a publicly traded company, so it is owned by its shareholders. Major shareholders include institutional investors like The Vanguard Group, BlackRock, and Schroder Investment Management Ltd.. The company was formed in 2000 by the merger of Glaxo Welcome and SmithKline Beecham, creating a multinational pharmaceutical and biotechnology company headquartered in London.RIGHT AFTER THE SILENT DEAL CUT AS REAL REPS OF CORPOARTION AMERCAN DREAM ALLOWED TRUMP TO EAT (whatever they hell they served) OVER AFTER HIS PLATDATE WITH LESSER ROYAL CHARLES in WINDSOR where EPSTEIN IMAGES bounced off the wall DOUBLED THE DISTRACTION. AFTER ALL every devil knows IN PERSON is the only way you TO SELL LIVES OR SOULS. FDA, in unusual step, aims to repurpose old GSK drug as autism treatmentAfter reviewing existing published literature, the agency initiated the approval of Wellcovorin — which GSK stopped selling more than two decades ago — for a condition associated with autism.https://www.biopharmadive.com/news/fda-gsk-wellcovorin-leucovorin-autism-cerebral-folate-deficiency/760840/So a little false hope and a bottle of lame alleged vitamins land on the hot shelf, and Ochelli bets A.J. is pissed he didn't get in on that medicine showhttps://www.newsnationnow.com/health/what-leucovorin-treat-autism/AS THE WORM TURNS... in RFK Jr's Brain I guess...---IN OTHER SPORTS and WWE R THE WORLD HIGHLIGHTSMLB is now going to the Video game Style ABS system for making sure Balls and Strikes get called without having to factor in Umpire Bias. Too bad they are about 30 years late on that. Also too bad we can't have a BS meter on any screen where American Politicians open their mouths!https://www.mlb.com/news/abs-challenge-system-mlb-2026Press Secretary Leavitt alleged intentional sabotage by UN staff after an escalator stopped while the Trumps were on it and a teleprompter failed during the president's speech. https://www.facebook.com/photo.php?fbid=3493045087501295&set=a.101711856634652&type=3AND IF YOU CAN'T ACCEPT FED-BOOK I know you'll accept FOX NEWSFox News host Jesse Watters says the US should bomb the UN over Trump's broken escalatorhttps://www.the-independent.com/tv/news/trump-escalator-un-bomb-us-jesse-watters-video-b2832888.htmlIf you give a toddler an army and nuclear code He will get some Ice Cream.Orange Jesus already delivered his BS to the U.N. before FOX even had time to start Griping and casually suggesting eliminating those who dare defy LORD TRUMPFact-check: Trump misleads about ending 7 wars, US economy, renewable energy in UN speech https://www.politifact.com/article/2025/sep/23/trump-un-general-assembly-speechIf YOU GASLIGHT THE GASLIT HOW MANY FIRES DOES A GASLIGHT LIGHT IF A LIGHT COULD BE BRIGHT?Italy sends warship to accompany Gaza flotilla following Israeli attackhttps://www.middleeasteye.net/news/footage-shows-apparent-attack-gaza-bound-global-sumud-flotillaBTW no article or REFERENCE LINKS but Jay Z has a lot of rumored issues with allegations flying about Paternity, Connections to Puffy, Underage Partners, Hush Money, Divorce, and Maybe getting Too much Destiny out of Beyonce's Besties in Destiny's Child. So Plenty of Drama that maybe has an In Law Mama keeping the facade of a hip-hop pop empire intact.From the bottom of The Ochelli Heart, Even though I see Black Twitter, and Respect 50 Cent, I just can't bother to care, except I miss when this might have been the scandal that was the why is America so stupid international Press I just can't muster the energy to give a full shit. Government Shutdowns Q&A: Everything You Should Knowhttps://www.crfb.org/papers/government-shutdowns-qa-everything-you-should-knowFROM THE KIMMEL KENNEL Trump slams Kimmel's return: "We're going to test ABC out on this"https://www.axios.com/2025/09/24/trump-jimmy-kimmel-return-abcWhat Really pissed off Donald?Jimmy Kimmel's first show back on September 24, 2025, drew approximately 6.26 million viewers, a significant increase from his previous average of around 1.77 million viewers in the second quarter of 2025. This represents a viewership increase of roughly 250% compared to his recent average, making it the show's highest-performing regularly scheduled episode in over a decade.and that was just his LIVE viewers without all of the regular channels participating.Meanwhile Southpark Pussyed out last week in the hot kitchen then released "Conflict of Interest" EPISODE 5 of the current season into LOOney Tunes Lame 2025. Spoiler, It wasn't worth talking aboutwebelos kid Maybe a dude or a chickPrediction Marketing Betting AppsGazza Satan and Trump are having a baby Trump makes a little PLAN B SoupApps and Undue Influence Via Social MediaKyle's Mom is gonna Strike Gazza MaybeI wouldn't want to be a hospital in PalestineALSOIT'S FAT BEAR WEEKhttps://www.theguardian.com/us-news/live/2025/sep/25/donald-trump-james-comey-fbi-ice-texas-latest-us-politics-news-updates-liveFormer FBI director James Comey expected to be indicted on criminal charges, reports say – US politics liveCharlie Kirk https://www.youtube.com/shorts/BGRhw0C7JL0Mark Cubanhttps://www.youtube.com/shorts/x7AuftuT04wA Very Strong Case https://www.youtube.com/watch?v=KrU6F-S8VMo---BE THE EFFECTEmergency help for Ochelli and The NetworkMrs.OLUNA ROSA CANDLEShttp://www.paypal.me/Kimberlysonn12 new Social Media experimentsBLUESKYhttps://bsky.app/profile/ochelli.bsky.socialTRUTH SOCIALhttps://truthsocial.com/@Ochelli---NOVEMBER IN DALLAS LANCER CONFERENCEDISCOUNT FOR YOU10 % OFF code = Ochelli10https://assassinationconference.com/Coming SOON Room Discount Details The Fairmont Dallas hotel 1717 N Akard Street, Dallas, Texas 75201BE THE EFFECTListen/Chat on the Sitehttps://ochelli.com/listen-live/TuneInhttp://tun.in/sfxkxAPPLEhttps://music.apple.com/us/station/ochelli-com/ra.1461174708Ochelli Link Treehttps://linktr.ee/chuckochelliAnything is a blessing if you have the meansWithout YOUR support we go silent.---NOVEMBER IN DALLAS LANCER CONFERENCEDISCOUNT FOR YOU10 % OFF code = Ochelli10https://assassinationconference.com/Coming SOON Room Discount Details The Fairmont Dallas hotel 1717 N Akard Street, Dallas, Texas 75201. easy access to Dealey Plaza

DAMIONOracle names two CEOs in rare leadership shift after Catz exit Who Will You Blame?Lord Emperor Larry Ellison (65% influence and 42% voting power): he still gets $8.3M in pay despite owning ~$378B in Oracle stock. Is this even possible? He got security-related costs and expenses of $2,999,264 for his primary residence. Board chairFormer CEO and now Executive Vice Chair Safra Catz. She's staying on the board.221,974: (i) Company matching contributions under our 401(k) Plan of $5,100, (ii) flexible credits used towards covering the premiums for cafeteria-style benefit plans in the amount of $14,860, (iii) security-related costs and expenses to augment the existing security system at Ms. Catz's primary residence, (iv) legal counsel fees and (v) aggregate incremental costs to Oracle of $200,086 for Ms. Catz's use of Oracle's private aircraft for non-business travel. This leaves $1,928 for legal fees and security: for a Larry:Safra We Love Him More Security Ratio of: ~3114:1Catz still got $6.5M despite owning $2.8B of company stockNew co-CEO and director Clayton Magouyrk: joined Oracle in 2014, is 39Mr. Magouyrk will receive a grant of stock options to purchase $250M in shares of Oracle common stock with 80% of the grant consisting of time-based stock options and 20% of the grant consisting of performance-based stock options (“PSOs”).New co-CEO and director Michael Sicilia: joined Oracle in 2009, is 54Mr. Sicilia will receive a grant of stock options to purchase $100M in shares of Oracle common stock with 80% of the grant consisting of time-based stock options and 20% of the grant consisting of PSOs.The writer of this article: Oracle's new Gen X and Millennial CEOs get stock options worth $350 million—but they'll have to keep the stock soaring to collect80% of the grant consists of time-based stock options, hello??AutoZone Stock Falls After Its Fifth Consecutive Earnings Miss Who Do You Blame?William Rhodes III: Executive Chair (2007-) and former CEO, causing serious leadership strainCEO Philip Danielle III (2024-) for being weak in the face of Rhodes IIIEarl Graves Jr.: the longest tenured director has served for over two decades and still has the indecency to call himself the “Lead Independent Director.” He's also the chair of the Nomination so this is ostensibly his board.Linda Goodspeed: while all directors are pictured wearing bluish/mauvish-colored shirts in the company's last proxy, Linda is wearing a red sweater over hers.Director Gale King for NOT being the same Gayle King that is Oprah's best friendShareholders: average 96% board support at last AGMThe fact that there are 4 suffixes on this board: Jr., Jr. III, III, the same number as women.The depressingly low ~-20% gender influence gap (women have no leadership roles on this board, except for Linda's red sweater)Michelob Ultra overtakes Modelo Especial as best-selling beer in the U.S. Who Do You Blame?Social media personality Dylan Mulvaney, for being alive and getting a can of beerThose woke idiots at the American subsidiary Anheuser-Busch Companies, LLCWoke CEO Brendan Whitworth was a first lieutenant in the United States Marine Corps and then as an operations officer for the CIA's counterterrorism center. Woke!Their leadership page of 15 executives also has a woke DEI hire! Chief People Officer Lindsay KingThose woke idiots at the Belgian parent Anheuser-Busch InBev (AB InBev)They are even worse than their American counterparts: of their 18 executive leaders, they have TWO DEI WOMEN: Chief Communications Officer Donna Lorensen and General Counsel Katherine Barrett. DEI gone crazy!Just all the stupid corporations that “Go woke, go broke”Oh wait: Both Michelob ULTRA and Bud Light are made by Anheuser-Busch Companies, LLC, a subsidiary of Anheuser-Busch InBev.Behind closed doors, our top CEOs say Trump is bad for business and it's time to Make America into America Again Who Do You Blame?Shareholders: This year (2025) the average vote support for director elections in the S&P 500 is about 96.5%American corporate governance practices which permit nearly half of S&P 500 CEOs to also serve as board chairs—the very bodies intended to oversee their management: giving them unmatched power and egoAverage S&P 500 CEO of about $19M, which financially protects them from the need to weigh in on political issues, left or rightThe US federal poverty line for 2025 is $15,650 per year, as established by the Department of Health and Human Services.So a 1214:1 pay ratio for those not in poverty: $15,651Passive institutional investors in U.S. equities like BlackRock, Vanguard Group, and State Street Global, who hold the door open for company managementYale Professor Jeffrey Sonnenfeld, who eschews journalism in favor of being friends with important people and lets him write things like: “One CEO of a major U.S. manufacturing company explained to the group” and “A well-known business leader with a significant manufacturing footprint in the U.S. and abroad told the group” and “The head of a major U.S. multinational investment bank”The protected class continues30-year-old billionaire college dropout recommends at least one year in higher education Who Do You Blame?The protected CEO billionaire classElon Musk says college is “not for learning, but mostly for fun” and doesn't require degrees at Tesla/SpaceXPeter Thiel: created the Thiel Fellowship, paying young people to drop out of collegeMark Zuckerberg: In a 2025 interview, Zuck expressed skepticism about the effectiveness of college education in preparing students for today's job marketRichard Branson, a college dropout, has often spoken about the value of practical experience over formal education, stating, "You don't learn to walk by following rules. You learn by doing, and by falling over."The VC BroBratClubMarc Andreessen has said traditional college is outdated compared to skills trainingChamath Palihapitiya argues real-world problem solving is more valuable than degrees.The MAGA christian supremacistsCharlie Kirk: college is “overrated” and emphasizes entrepreneurship, practical skills, and real-world experience over formal degrees.In June, when speaking to Turning Point USA's 10th annual Young Women's Leadership Summit, he encouraged attendees to trade feminism for femininity and to forgo a career to stay home and raise childrenBen Carson: praised practical experience and self-directed learning over formal college for achieving success; praised Kirk's ability to "run circles around people with college degrees"Dave Ramsey, frequently advises young adults to focus on financial literacy, entrepreneurship, or trade skills rather than taking on debt for a college degree.All of the aboveThe chorus of anti-college voices—from billionaire CEOs and MAGA pundits to Christian commentators—serves less as genuine guidance and more as a mechanism to preserve the power of the wealthy elite, discouraging widespread education and critical thinking so that the majority remain dependent, unempowered, and less capable of challenging the socioeconomic status quoMATTDisney says 'Jimmy Kimmel Live' will return to ABC on Tuesday - who do you blame??Fearless Wizard Bob Iger - 24% influence, but let's be honest, the board is in the bag entirely (100% of board members are connected, Iger is by far the most powerful person in the room)Derica Rice - board member at Target (who were attacked by citizen troll Robby Starbuck, rolled back DEI and pride merch as a result, then faced a boycott that have sunk the stores since) AND Disney (who were attacked by government troll Brendan Carr, rolled back free speech as a result, then faced a boycott that's so far cost Disney 2% of its share price in 5 days)James Gorman - head of the “succession planning committee”, which exists despite having a nominating committee because the nominating committee was so compromised and did such a bad job they basically made a new committee with an ex-CEO who picked his own successor, who's also chair of the boardConsumers who boycott DisneyShareholders who demanded Disney restore KimmelYale Professor Jeff Sonnenfeld for his mushmouth declaration that Iger was right to yank Kimmel, prompting the world to say “why does anyone listen to Yale professor Jeff Sonnenfeld?”Sinclair says it won't air Jimmy Kimmel on its stations after Disney announced his return - who do you blame??David Smith - nepobaby executive chairtoad, 25.4% voting power, toad face conservative sycophantDuncan Smith - nepobaby retired VP and secretary, 23.1% voting power, directorBob Smith - nepobaby retired VP and Treasurer, 21.8% voting power, directorDr. Fred Smith - nepobaby retired VP and oral surgeon, 10.8% voting power, amazing pivot from looking at teeth to owner of largest broadcaster because meritocracyChristopher Ripley, CEO of Sinclair and not a nepobaby, was once upon a time at UBS where he did some stuff on media or something… definitely not a figureheadBob Iger for being too wokeOffice Depot workers refused to print a Charlie Kirk poster because he was a propagandist - who do you blame?The workers at Office Depot who took the Supreme Court decision that let a web designer refuse same-sex wedding work literally Office Depot, which probably should have been closed in 1997 anyway, which, “fired the employees and issued a public apology”, bending the knee to the will of Dear LeaderPam Bondi, who missed the day the Supreme Court said business COULD discriminate: “Businesses cannot discriminate. If you want to go in and print posters with Charlie's pictures on them for a vigil, you have to let them do that,” she told Sean Hannity on Fox News, adding: “We can prosecute you for that.”Gays, who if they had JUST USED a gay web designer, the Supreme Court wouldn't have had to rule on this and then contradict itself when it inevitably reverses its own 2023 precedentFedEx, whose employees (upon hearing Office Depot employee refused service due to Charlie Kirk's overt racism and sexism while he was alive) printed the poster FOR FREE to SUPPORT Charlie Kirk, which surely discriminates against other white male racists who had to pay for their posters advertising their white male racism, right?

US Senator Sanders favors Trump plan to take stake in Intel and other chipmakersBernie: "If microchip companies make a profit from the generous grants they receive from the federal government, the taxpayers of America have a right to a reasonable return on that investment."Mark Zuckerberg gifted noise-canceling headphones to his Palo Alto neighbors because of the non-stop construction around his 11 homesCracker Barrel, under fire from Donald Trump Jr. and Steak n' Shake, apologizes to fans but won't drop new logo“If the last few days have shown us anything, it's how deeply people care about Cracker Barrel. We're truly grateful for your heartfelt voices,” the company said Monday in a statement on its website.“You've also shown us that we could have done a better job sharing who we are and who we'll always be.”On Monday, the Lebanon, Tennessee-based company emphasized that many things about Cracker Barrel won't change, including the rocking chairs on its front porches and vintage Americana and antiques scattered throughout its restaurants.Cracker Barrel also said it will continue to honor Uncle Herschel — the older man in the former logo, who represents the uncle of Cracker Barrel's founder — on its menu and on items sold in its stores.But Cracker Barrel said it also wants to make sure that the business stays fresh and attracts a new generation of customers.Maine's Populist Senate Candidate Thinks We Are in a New Gilded AgeAccording to Graham Platner, America has entered a new gilded age and needs a politics that can meet the moment. “I think the comparisons between the late 19th century and now are apt: vast amounts of wealth and regulatory structures that in no way, shape, or form keep that wealth in check,” pointing to the power people like Elon Musk and other prominent Silicon Valley leaders have over the current administration.He pointed to his state's famed and tightly regulated lobster industry as an example.“The state of Maine has passed laws over the years that have regulated the lobster industry in a very specific way, and it means there's one boat, one captain, one license. Fishing can only be conducted while the captain is aboard. This has entirely disincentivized consolidation,” he explained.“The result is a half-a-billion-dollar-a-year industry for the state of Maine that has almost no corporate ownership.”When presented with the alternative theory—that Maine should instead allow consolidation in its prize industry and redistribute wealth back to workers and their communities through other means—he bluntly dismissed its proponents. “Those people are full of shit. The distribution of resources needs to happen at the level where things are being produced.”Lisa Cook Says She Will Not Step Down From the Fed Board“I will not resign,” she said. “I will continue to carry out my duties to help the American economy as I have been doing since 2022.”Meta Defector Issues Devastating Psychological Takedown of Tech CEOsNick Clegg, a former Meta executive who left the company at the start of this year: "If you're accustomed to privilege, equality feels like oppression.""You'd think, wouldn't you, that if you were immensely powerful and rich like Elon Musk and all these other tech bros and members of that podcast community that you'd reflect on your good fortune compared with most other people?" Instead, Clegg seethed, they cry persecution."In Silicon Valley, far from thinking they're lucky, they think they're hard done by, [that] they're victims. I couldn't, and still can't, understand this deeply unattractive combination of machismo and self-pity."Red Lobster Is Betting on Black Diners With Its Brand ComebackCEO Damola Adamolekun, who took over the job last September, a 36-year-old Nigerian American, who is also credited with rescuing P.F. Chang's.Red Lobster has been a part of America's casual-dining landscape since the first location opened in Lakeland, Fla., in 1968. Just four years after the passage of the Civil Rights Act, many restaurants in the South were still segregated de facto. Red Lobster embraced diversity, opening its doors to Black customers and hiring Black workers.The ‘woke' words Democrats should cut from their vocabularyA new memo identifies 45 words and phrases for Democrats to avoid, alleging the terms turn voters off. They span six categories: Therapy-Speak (1/11: Triggering); Seminar Room Language (0/8); Organizer Jargon (1/8: Stakeholders); Gender/Orientation Correctness (1/8: Patriarchy); The Shifting Language of Racial Constructs (0/5); Explaining Away Crime (0/4)Korea passes boardroom reform, curbing chaebol powerSouth Korea has passed a significant boardroom reform aimed at curbing the power of the country's large family-owned conglomerates, known as "chaebol."Here are some key changes:Mandatory Cumulative VotingFor large listed companies with assets exceeding 2 trillion won (about $1.44 billion), a cumulative voting system is now required. This system allows minority shareholders to pool their votes and elect a representative to the board, giving them a greater voice in corporate governance.Increased Power for Audit CommitteesThe number of audit committee members elected separately from the controlling shareholders will increase from one to at least two. This strengthens the independence of the audit committee, which is responsible for overseeing financial reporting and internal controls.Broader Application of the "3% Rule"The "3% rule," which limits the voting power of the largest shareholders to 3% when electing audit committee members, will now be extended to independent directors. Previously, this cap only applied to internal directors.Extended Fiduciary Duty of DirectorsA previous amendment in July extended the fiduciary duty of directors to all shareholders, not just the company. This change is intended to prevent controlling families from making decisions that benefit themselves at the expense of minority shareholders."Outside Directors" Renamed "Independent Directors"A symbolic but important change that emphasizes the need for directors to act independently of management and controlling shareholders.Mandatory Hybrid Shareholder MeetingsFor publicly traded firms with more than 2 trillion won in assets, hybrid shareholder meetings will be mandatory. This will allow shareholders to participate and vote online, increasing accessibility and participation.Increased Proportion of Independent DirectorsThe required proportion of independent directors on the board has been raised from one-quarter to one-third, further strengthening independent oversight of management."Yellow Envelope Bill"This measure, passed alongside the boardroom reforms, secures bargaining rights for subcontracted workers, which could have a significant impact on the labor practices of chaebol.Revamping Public Broadcaster GovernanceThe reforms also include measures to revamp the governance of public broadcasters, which could reduce the influence of chaebol on the media.UnitedHealth forms new ‘public responsibility' board committeeThe committee will oversee areas where UnitedHealth has struggled or faced public scrutiny: underwriting and forecasting, regulatory relationships, reputational matters, and M&A.Michele Hooper, who's served on UnitedHealth's board since 2007, will step down as lead independent director to chair the committee. Hooper, who will remain a director, will be replaced as lead independent director by F. William McNabb, the former CEO of investing firm the Vanguard Group who has served on UnitedHealth's board since 2018.The U.S. EV fast-charging network is seeing explosive growth—despite Trump's policiesInstallation of fast DC chargers that can get an EV to 80% charged in less than an hour are up more than 25% from 2024—despite the loss of Biden administration initiatives designed to support the growth of the network.Companies with climate targets have more than tripled since 2023The number of companies worldwide with both validated near-term and net-zero science-based climate targets has more than tripled since the end of 2023, from 583 to 1,904, according to the Science-Based Targets initiative (SBTi).A total of 10,949 companies worldwide now either have near-term targets or near-term and net-zero targets, or have committed to set them, according to a report by the Science-Based Targets initiative.Air Canada reaches a deal to end flight attendant strikeThe tentative deal secures Air Canada flight attendants at least 60 minutes of ground pay, for their time before each flight, at a rate of 50 per cent of a flight attendant's hourly rate, with that rate increasing five per cent each year.The airline is also proposing immediate pay increases of 12 per cent for flight attendants with five years or less of service with Air Canada, and eight per cent for those who have worked at the airline longer than that.Kimbal Musk on Elon's Tesla pay package: 'My brother deserves to be paid'

Asian equities gained at the open, tracking Wall Street's rally, after Federal Reserve Chairman Jerome Powell opened the door to resuming interest rate cuts. Shares in Japan and South Korea advanced with MSCI's gauge for the region gaining 0.2%. Australian stocks hit a fresh record. Treasuries opened lower, giving up some of the gains on Friday after Powell's speech. Traders see an 84% chance of a Fed rate cut next month after Powell signaled at Jackson Hole the central bank may ease before inflation fully returns to target amid a softening jobs market. Still, officials remain split on the outlook, warning of lingering price risks from US trade tariffs ahead of this week's key inflation data. We get reaction from Matt Orton, Head of Advisory Solutions and Market Strategy at Raymond James Investment Management.Plus - Chinese stocks will be in focus with questions mounting over how much further the market can rally with concerns of trade tariffs and a deep-rooted property crisis weighing on the economy. While the market's steady advance may suggest less risk of a sudden correction, some analysts are warning that a bubble is in the making. The Nasdaq Golden Dragon China Index rose 2.7% Friday and futures indicated a stronger open for shares in Hong Kong and mainland China. We examine the week's market outlook with Qian Wang, Chief Asia Pacific Economist at The Vanguard Group. She speaks with Bloomberg's Shery Ahn and Avril Hong on The Asia Trade.See omnystudio.com/listener for privacy information.

Ed Slott, CPA, is a nationally recognized IRA distribution expert, professional speaker, television personality, and best-selling author. He is known for his unparalleled ability to turn advanced tax strategies into understandable, actionable and entertaining advice. He has been named “The Best Source for IRA Advice” by The Wall Street Journal, and USA Today wrote, “It would be tough to find anyone who knows more about IRAs than CPA Slott.” • • • This episode of the podcast is hosted by Jon Luskin, CFP®, a long-time Boglehead and financial planner. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities across the country. The 2025 conference will take place in San Antonio, Texas, from October 17 to 19. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.   Show Notes: Bogleheads® Live with Mike Piper: Episode 36 Bogleheads® Live with Mike Piper: Episode 23 Bogleheads® Live with Mike Piper: Episode 9 Bogleheads® Live with Sean Mullaney and Cody Garrett: Episode 11 Bogleheads on Investing with Cody Garrett: Episode 61 Asset Location For Stocks In A Brokerage Account Versus IRA Depends On Time Horizon Bogleheads on Investing with Phil Demuth, “The Tax-Smart Donor”: Episode 83

Are you a do-it-yourself investor? Perhaps it's time to consider an alternative. A new study released by The Vanguard Group shows the intrinsic value of working with a financial advisor. Today, John Walker, Regional Vice President, Mercer Advisors, is joined by CERTIFIED FINANCIAL PLANNER® professional Jason O'Meara, Wealth Advisor and Sr. Director, Mercer Advisors. They discuss how working with a financial advisor can not only help improve your portfolio performance, but also enhance your emotional well-being, reduce stress and save valuable time. Mercer-Cordasco Disclosure Information Visit Our Website Join Our Email List Additional Mercer Advisors Disclosure Cordasco Financial Network is a tradename. All services provided by Cordasco Financial Network investment professionals are provided in their individual capacities as investment adviser representatives of Mercer Global Advisors Inc. (“Mercer Advisors”), an SEC-registered investment adviser principally located in Denver, Colorado, with various branch offices throughout the United States doing business under different tradenames, including Cordasco Financial Network. Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning document preparation and other legal advice are provided through Advanced Services Law Group, Inc.

Jeff Clark is a 27-year veteran of Vanguard Workplace Solutions, Head of Defined Contribution Research, and author of How America Saves 2025. We discuss trends in defined contribution plans and how auto-enrollment and target-date funds are changing the way Americans save and invest for retirement.    Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities across the country. The 2025 conference will take place in San Antonio, Texas, from October 17 to 19. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.          

This podcast features Jack Brennan (Founding Chair, CIS, and Chairman Emeritus, The Vanguard Group) as he breaks down the fundamentals of investing in a straightforward manner, and shares insights on investment best practices, performance, and more. The information in this Communication is provided herein is provided for informational purposes only and does not constitute an offer or a solicitation to buy, hold, or sell an interest in any CIS Fund offering. Alternative investments in private equity and hedge funds are subject to substantial risks including the potential loss of principal. Fund interests are illiquid and should be considered speculative investments.  Investors are encouraged to read the offerings documents for the fund offerings discussed in this presentation carefully before investing. All data is sourced to Catholic Investment Services or other third-party sources and compiled by Catholic Investment Services.  Information contained herein that has been obtained from third parties is believed to be reliable for the purposes for which it is used herein. Opinions and general information provided herein, including guest speaker(s), are current to the date of this presentation and are subject to change without notice. There can be no guarantee that the funds will achieve their investment objectives. Past performance is not indicative of future results. Financial forecasts and investment returns in this letter may significantly differ from actual results. Certain information contained in this report constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology.  Furthermore, any projections or other estimates in this report, including estimates of returns or performance, are “forward-looking statements” and are based upon certain assumptions that may change. Due to various risks and uncertainties, actual events or results or the actual performance of the funds may differ materially from those reflected or contemplated in such forward-looking statements. Moreover, actual events are difficult to project and often depend upon factors that are beyond the control of the general partner of the relevant fund and its affiliates. © 2025 Catholic Investment Services (CIS), a registered investment advisor, and all rights reserved.   Episode Resources Connect with Catholic Investment Services https://catholicinvest.org/about-us/ https://catholicinvest.org/about-us/#board-of-trustees  https://catholicinvest.org/contact-us/  https://catholicinvest.org/cis-institute/  

Phil DeMuth, Ph.D., discusses being a tax-smart donor by strategizing your charitable giving in a way that maximizes both your philanthropic impact and your potential tax benefits. We discuss his new book, "The Tax-Smart Donor," and highlight the benefits of creating a charitable giving plan as part of a well-structured financial plan.     Phil is a Managing Director at Conservative Wealth Management, LLC, and the author of ten personal finance books, most co-authored with his pal, economist Ben Stein. He has also written for numerous media publications and industry journals. He has appeared on various TV shows, including CNBC's Worldwide Exchange, On the Money, Squawk Box, and Closing Bell, as well as Fox & Friends, Wall Street Week, and Consuelo Mack WealthTrack.   Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities across the country. The 2025 conference will take place in San Antonio, Texas, from October 17 to 19. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.    

Jonathan Clements is a former Wall Street Journal personal finance columnist who is battling a rare form of terminal cancer, Jason Zweig is a current Wall Street Journal personal finance columnist, and Christine Benz is the director of personal finance and retirement planning for Morningstar, as well as the president of the John C. Bogle Center for Financial Literacy.    In this podcast, we discuss the Jonathan Clements Getting Going on Savings Initiative, a non-profit research project set up on Jonathan's behalf, and his new book, The Best of Jonathan Clements: Timeless Advice for a Financial Life Well Lived. Tax-deductible donations for the initiative can be made at BogleCenter.net, and profits from the sale of his book also go to the initiative.    Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities across the country. The 2025 conference will take place in San Antonio, Texas, from October 17 to 19. In addition, local Chapters and foreign Chapters meet regularly, and new Chapters form periodically. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.  

This Day in Legal History: Abraham Lincoln, InventorOn May 22, 1849, Abraham Lincoln was awarded U.S. Patent No. 6,469 for an invention designed to lift boats over shoals and other obstacles in shallow waterways. The device involved a system of bellows attached to the hull of a boat, which could be inflated to lift the vessel over obstructions. Lincoln conceived the idea after witnessing firsthand how flatboats became stranded on sandbars during his travels on the Mississippi River. Though the invention was never manufactured, Lincoln's patent represents a rare intersection of legal, political, and technological history.Lincoln's detailed model, which he carved himself, is now preserved at the Smithsonian Institution. His application demonstrated a firm grasp of both mechanics and the legal requirements of patent law, including the novelty and utility standards necessary for approval. Lincoln's interest in patents was not merely personal—he viewed the patent system as a key driver of American innovation and economic growth. In an 1858 lecture, he praised the patent system as adding "the fuel of interest to the fire of genius."This episode in Lincoln's life underscores the connection between law and invention in the 19th century. The U.S. patent system, formalized under the Patent Act of 1790 and modified several times by Lincoln's era, provided crucial protections to inventors during a time of rapid industrial development. Lincoln's engagement with the system as both an inventor and a lawyer reflects the broader legal culture of self-improvement and technological optimism in antebellum America.Matthew Lane, a 19-year-old student at Assumption University in Massachusetts, has agreed to plead guilty to charges stemming from a significant data breach at PowerSchool, a cloud-based education software company. Federal prosecutors allege Lane accessed PowerSchool's network in September 2024 using stolen contractor credentials, obtaining sensitive data on more than 60 million students and 10 million teachers. This data, including Social Security numbers and addresses, was later used in a $2.85 million bitcoin ransom demand.Lane transferred the stolen data to a server in Ukraine before the extortion attempt, which caused alarm among parents and school districts. The breach, which PowerSchool disclosed in January 2025, was reportedly linked to earlier extortion efforts targeting a telecommunications company, from which Lane and others attempted to extract a $200,000 ransom. The case marks the first public identification of a suspect in the PowerSchool breach, which has impacted numerous school districts.PowerSchool admitted to paying a ransom to prevent public exposure of the data. Lane faces charges including cyber extortion, aggravated identity theft, and unauthorized access to protected computers. If convicted, he will serve at least two years in prison. His attorney has not commented.Massachusetts college student to plead guilty to PowerSchool data breach | ReutersA federal judge in Philadelphia has rejected Vanguard Group's proposed $40 million settlement with investors who claimed they were hit with unexpected tax bills from its target-date mutual funds. U.S. District Judge John Murphy ruled that the deal provided "no value" to investors because it duplicated benefits already secured through a $135 million settlement Vanguard reached with the Securities and Exchange Commission (SEC) earlier this year.In that SEC settlement, investors were promised compensation without having to pay legal fees or waive future claims. By contrast, the proposed class action settlement would have reduced investor payouts due to more than $13 million in attorneys' fees. Judge Murphy sided with an objecting class member who argued the SEC accord already gave investors the same benefits, making the class settlement redundant and financially disadvantageous.Both settlements stem from Vanguard's 2020 move to lower the minimum investment threshold for its lower-cost institutional target-date funds. This triggered a mass migration from higher-cost retail funds, prompting large redemptions that led to capital gains being passed on to remaining investors.Vanguard argued that rejecting the settlement might discourage firms from resolving regulatory and civil actions simultaneously. However, the court emphasized fairness to the class over procedural convenience.US judge rejects Vanguard $40 million mutual fund settlement, cites SEC accord | ReutersThe Trump administration has asked the U.S. Supreme Court to block a lower court order requiring it to provide documents and testimony about the Department of Government Efficiency (DOGE), a White House office linked to Elon Musk's federal reform initiative. The watchdog group Citizens for Responsibility and Ethics in Washington (CREW) filed a lawsuit seeking transparency about DOGE's operations, arguing that it should be subject to the Freedom of Information Act (FOIA). The administration contends DOGE is exempt because it functions within the White House as a presidential advisory body.A federal judge ruled that CREW's claims were likely valid and allowed limited discovery, including testimony from DOGE administrator Amy Gleason. The court rejected the administration's argument that such discovery violated separation of powers, stating that DOGE had not demonstrated any undue burden or justified confidentiality. The DC Circuit Court of Appeals upheld the lower court's order and noted the administration failed to raise the separation-of-powers defense earlier in the case.The Justice Department is now seeking emergency relief from the Supreme Court, arguing that allowing discovery into DOGE compromises executive confidentiality. Meanwhile, CREW maintains the office exercises substantial independent authority and should not be shielded from public scrutiny. The case raises key questions about the transparency of quasi-governmental offices within the executive branch.DOGE Asks US Supreme Court to Block Access to Its Records - Bloomberg This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

(08:54) Brought to you by Swimm.io.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Start modernizing your mainframe faster with ⁠⁠⁠Swimm⁠⁠⁠. Understand the what, why, and how of your mainframe code. Use AI to uncover critical code insights for seamless migration, refactoring, or system replacement.Why do so many well-intentioned initiatives fail to move the needle?In this episode, Sriram Narayan, author of ‘Impact Intelligence,' reveals how to ensure your efforts translate into real, measurable business impact. Stop shooting in the dark and start delivering tangible results that matter.Key topics discussed:What “Impact Intelligence” means and why it is crucial for any businessThe common pitfalls: Why many tech and digital initiatives fail to achieve their intended business impactThe common misconceptions about “outcomes” in tech and product teams, and why delivery or adoption metrics are not enoughSurprising insights from the non-profit sector on rigorous impact measurement practicesUnderstanding the difference between immediate (proximate) results and long-term (downstream) impactHow to visualize and map your initiatives to core business goals using an “Impact Network”The critical challenge of “Impact Attribution” – how to know if your project actually moved the needleAddressing “Measurement Debt” — if you can't measure it, should you build it?The iRex framework: A modular approach to building your organization's Impact IntelligenceBalancing speed vs impact: Not just shipping features, but delivering measurable business resultsWhether you're a tech leader, product manager, or executive, this episode will equip you with actionable frameworks and real-world examples to focus on what really matters: delivering measurable, meaningful business impact.Tune in and start building your organization's Impact Intelligence muscle today!  Timestamps:(00:00) Trailer & Intro(02:22) Career Turning Points(10:52) Impact Intelligence(11:40) The Importance of Impact Intelligence(15:09) Understanding Business Impact(19:11) Learning & Adopting from the NGO Space(22:35) Impact Feedback Loops(26:25) Proximate vs Downstream Impact(28:20) Building an Impact Network(36:47) Differences with OKR(38:12) Impact Attribution(44:51) The Importance of Measurement & Measurement Debt(48:31) iRex Framework(54:26) Balancing Between Speed of Delivery and Business Impact(57:32) 1 Tech lead Wisdom_____Sriram Narayan's BioSriram Narayan is an independent consultant in the area of impact intelligence. He also helps clients improve digital, product and tech performance.Pearson published his first book, Agile IT Org Design , in 2015. It won endorsements from the then CIO of The Vanguard Group and the then MD of Consumer Digital at Lloyds Bank.Sriram has served in product, technology, innovation, and transformation leadership roles since 2006. He has also helped some of his clients move to a product operating model. His write-up of the topic in 2018 has since become a de facto industry reference. His other writings and talks are available at agileorgdesign.comFollow Sriram:LinkedIn – linkedin.com/in/mrsriramnarayanBluesky - @srny.bsky.socialTwitter / X – @sriramnarayan

Money Life celebrates it's 13th anniversary by looking at the past, the present and the eternal, digging into the archives for excerpts from a 2018 conversation with Jack Bogle that remains completely relevant — and perhaps moreso — despite the passage of time. Bogle — the founder of The Vanguard Group — who popularized index investing and was routinely called "Saint Jack" in the investing world, talks about how he invested and built his personal portfolio, saying that he favored the simple and domestic over the complicated and worldwide, but also talks about the evolution of ETFs, changes to the way people perceive indexing and more. With the show now in its 13th year, Chuck also gives a little 'bar mitzvah speech,' discussing the lessons he says are most important and prevalent from 13 years, over 3,250 shows and more than 10,000 interviews. Plus Nancy Prial, co-chief executive office and senior portfolio manager at Essex Investment Management talks small-cap investing in the Market Call.

Greg Zuckerman is an award-winning Special Writer at the Wall Street Journal and the author of several books on financial firms, hedge funds, trading, and other investing and business-related topics. This podcast focuses on trading and the fierce competition individuals face when attempting to trade against sophisticated hedge funds that employ the best and brightest mathematical minds in the business. We discuss Greg's book, The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution.   Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities nationwide. Local Chapters in the US and a few foreign chapters meet regularly. New Chapters are added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.   This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.  

Jeff Ptak, CFA, is the managing director for Morningstar Research Services. Prior to that, he held positions as the chief ratings officer, head of global manager research, and president and chief investment officer of Morningstar Investment Services. In this episode, we discuss major new trends affecting the mutual fund and exchange-traded fund (ETF) industries, with a special focus on the exponential growth of actively managed ETFs.   Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities nationwide. Many local Chapters in the US and even a few foreign chapters meet regularly, and New Chapters are added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.  

11:05A – 11:22A (17mins) Missouri State Treasurer Vivek Malek@MalekVivek @MOTreasurerTreasurer Malek has some availability over the next couple of weeks for radio interviews, and I wondered – would you have an interest in having him on-air? There are two things he could speak about: The Foreign Adversary Divestment Act. The Treasurer is working with Rep. Barry Hovis and Sen. Sandy Crawford on bills that would require state pensions to divest from China, similar to what the Treasurer pushed the Missouri State Employee Retirement System to do last year. Investing in a foreign adversary is bad from an economic perspective and from a national security perspective. The Treasurer’s recent letter to Vanguard Group questioning several left-wing appointees to the fund’s board, including the wife of Congressman Jamie Raskin. They are paying Sarah Bloom Raskin $380,000 a year to serve on their board. See omnystudio.com/listener for privacy information.

11:05A – 11:22A (17mins) Missouri State Treasurer Vivek Malek@MalekVivek @MOTreasurerTreasurer Malek has some availability over the next couple of weeks for radio interviews, and I wondered – would you have an interest in having him on-air? There are two things he could speak about: The Foreign Adversary Divestment Act. The Treasurer is working with Rep. Barry Hovis and Sen. Sandy Crawford on bills that would require state pensions to divest from China, similar to what the Treasurer pushed the Missouri State Employee Retirement System to do last year. Investing in a foreign adversary is bad from an economic perspective and from a national security perspective. The Treasurer’s recent letter to Vanguard Group questioning several left-wing appointees to the fund’s board, including the wife of Congressman Jamie Raskin. They are paying Sarah Bloom Raskin $380,000 a year to serve on their board. 11:25 – 11:37 (17mins) 11:41 – 11:56 (15mins) Feature: “CHAT BOX!!”See omnystudio.com/listener for privacy information.

THE TIM JONES AND CHRIS ARPS SHOW 0:00 SEG 1 DR. CORNEL WEST, philosopher and political activist | TOPIC: Co-Writing the book “Truth Matters: A Dialogue on Fruitful Disagreement in an Age of Division” with conservative, Robert P. George | How friendship and truth-seeking can transcend our seemingly insurmountable political differences | The Democratic party spending millions to keep him off the presidential ticket | His assessment of the Democratic Party | Being friendly with Shelby Steelehttps://x.com/cornelwest http://www.cornelwest.com/ 17:59 SEG 2 State Treasurer VIVEK MALEK | TOPIC: Divesting from China | Will there be a Missouri D.O.G.E.? | The Vanguard Group appointing left-wingers to their board | Meeting with JD Vance and Will Scharf in D.C. last week | Getting D.E.I. out of Missouri https://x.com/MalekVivek https://treasurer.mo.gov/ 34:04 SEG 3 JFK papers released | Electric car chargers | Governor sending out burner phones https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.

THE TIM JONES AND CHRIS ARPS SHOW 0:00 SEG 1 DR. CORNEL WEST, philosopher and political activist | TOPIC: Co-Writing the book “Truth Matters: A Dialogue on Fruitful Disagreement in an Age of Division” with conservative, Robert P. George | How friendship and truth-seeking can transcend our seemingly insurmountable political differences | The Democratic party spending millions to keep him off the presidential ticket | His assessment of the Democratic Party | Being friendly with Shelby Steelehttps://x.com/cornelwest http://www.cornelwest.com/ 17:59 SEG 2 State Treasurer VIVEK MALEK | TOPIC: Divesting from China | Will there be a Missouri D.O.G.E.? | The Vanguard Group appointing left-wingers to their board | Meeting with JD Vance and Will Scharf in D.C. last week | Getting D.E.I. out of Missouri https://x.com/MalekVivek https://treasurer.mo.gov/ 34:04 SEG 3 JFK papers released | Electric car chargers | Governor sending out burner phones https://newstalkstl.com/ FOLLOW TIM - https://twitter.com/SpeakerTimJones FOLLOW CHRIS - https://twitter.com/chris_arps 24/7 LIVESTREAM - http://bit.ly/NEWSTALKSTLSTREAMS RUMBLE - https://rumble.com/NewsTalkSTL See omnystudio.com/listener for privacy information.

The Power of the Family Office   In this transformative episode of The Richer Soul, we are joined by Dane Czaplicki, co-founder of Members' Wealth, as he reveals the blueprint for achieving financial peace and purpose. With over 20 years of experience in financial services, Dane's path to success wasn't a straight line—he self-educated, made early mistakes, and ultimately built a thriving business that helps others preserve their wealth. If you've ever wondered how to turn your financial struggles into triumphs, this episode is packed with powerful insights. Discover how Dane took lessons from “Rich Dad Poor Dad” and transformed his life, using real estate and investments to build a solid foundation. Plus, learn how you can implement these strategies in your own life today. Let's dive in!   Key Takeaways: Self-education is the Key to Financial Success. Dane credits much of his financial knowledge to his self-driven education. He emphasizes the power of reading, learning from books, and, most importantly, learning through trial and error. It's not always about what you're taught but what you're willing to teach yourself that makes all the difference. Real Estate is the Ultimate Wealth Builder. Real estate is a core pillar of Dane's wealth-building strategy. From house hacking to managing rental properties, Dane explains how real estate has allowed him to build consistent passive income that secures his future. It's not just about buying property—it's about learning how to make real estate work for you. Work-Life Balance is Essential for Long-Term Success. Achieving financial freedom is only part of the equation. Dane shares how he learned the hard way that balancing work with family, health, and personal passions is the real key to happiness. He talks about how focusing on your core values and living with intention can create an abundant life in all areas. The Power of Legacy Planning. The conversation delves deep into the importance of preparing the next generation for wealth. Dane discusses his approach to legacy education, where families can pass down not just assets, but wisdom, values, and the tools to manage that wealth for years to come.   Money Learning: Dane's financial philosophy is all about preserving, growing, and enduring. While many people focus on getting rich quickly, Dane takes a long-term approach that prioritizes stability and consistency. His multifamily office, Members' Wealth, helps clients with everything from risk management to tax strategies, ensuring that their wealth can endure and thrive for generations. In today's volatile world, understanding how to protect your wealth—while continuing to grow it—is crucial. This episode is an essential listen for anyone who wants to build sustainable wealth, not just short-term success.   Bio: Dane Czaplicki is the co-founder of Members' Wealth, a multifamily office with over 20 years of experience in financial services. His career spans portfolio management, investment analysis, and leadership roles at West Capital Management and The Vanguard Group. With an MBA from Wharton and a CFA charter, Dane is committed to helping families preserve wealth and achieve financial peace. Known for his authenticity and commitment to continuous learning, he empowers both his team and clients to make decisions that align with their life's purpose​​.   Key Discussion Points:  How Financial Education Can Be Self-Taught. While Dane didn't receive much formal financial education growing up, he made it his mission to learn everything he could about investing. From watching TV shows in his youth to reading books like Rich Dad Poor Dad, Dane explains how anyone can become financially educated by taking initiative. The Power of Real Estate for Financial Freedom. Real estate has been a cornerstone of Dane's investment strategy. He discusses how buying properties and turning them into income-generating assets allowed him to build a solid financial foundation. Whether it's house hacking or commercial real estate, Dane breaks down how real estate can provide the cash flow needed to achieve financial freedom. Creating a Life of Intention and Purpose. For Dane, achieving wealth was just the beginning. He shares how he learned to balance his work with health, family, and personal passions. He explains how living with intention, focusing on his core values, and prioritizing the things that matter most has led to a richer, more fulfilling life. Passing on Wealth and Knowledge to the Next Generation. Beyond just financial management, Dane is passionate about teaching his clients how to pass down wealth—and wisdom—to future generations. He talks about the importance of legacy planning, ensuring that children and grandchildren are equipped to manage the wealth they inherit.   Conclusion: Dane Czaplicki's story is proof that wealth isn't just about money—it's about living intentionally, making informed choices, and sharing knowledge. Through his work at Members' Wealth, Dane is helping families achieve financial peace, create lasting legacies, and live lives of purpose. If you're ready to build wealth that doesn't just accumulate but endures, this episode is a must-listen. If you've ever struggled to find balance in your financial journey, or wondered how to make your money work for you, Dane's wisdom can light the way. Don't just chase money—chase a life of intention, purpose, and financial freedom.   Links: Website: https://www.memberswealthllc.com/ Facebook: facebook.com/daneczaplicki  LinkedIn: linkedin.com/in/danecfa   Watch the full episode on YouTube: https://www.youtube.com/@richersoul Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well-being to be able to do what you want, when you want, how you want. It's about personal freedom! Thanks for listening!   Show Sponsor: http://profitcomesfirst.com/   Schedule your free no obligation call: https://bookme.name/rockyl/lite/intro-appointment-15-minutes   If you like the show please leave a review on iTunes: http://bit.do/richersoul   https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com   Some music provided by Junan from Junan Podcast   Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.

This podcast features Jack Brennan (Founding Chair, CIS and Chairman Emeritus, The Vanguard Group) and Joseph H. Davis, Ph.D. (Global Chief Economist and Global Head of the Investment Strategy Group, The Vanguard Group), as they provide insights on the macro and micro outlook for the new year, capital market trends, investment challenges, risks, and best practices for institutional investing. Highlights Discussion on AI's impact on the global economy. Tariffs and their economic implications. Immigration's impact on labor force and economy. Concerns over structural deficits and bond yields. The value of diversification in global portfolios. Potential productivity growth from AI. The transformative potential of AI in various sectors. Predicted economic outcomes of AI integration.   Episode Resources Connect with Catholic Investment Services https://catholicinvest.org/about-us/ https://catholicinvest.org/about-us/#board-of-trustees https://catholicinvest.org/contact-us/ https://catholicinvest.org/cis-institute/ 

Mike Piper is a CPA, author, and adviser. He has written several concise books dealing with various financial topics, including taxes, Social Security, estate planning, and other financial planning. His latest book, After the Death of a Spouse, Next Financial Steps for Surviving Spouses, is the topic of this podcast.    Mike also created the Oblivious Investor blog and the Open Social Security calculator, which offers free advice and information. He has been quoted in all major financial publications, from The Wall Street Journal to AARP to Morningstar.    Rick Ferri, CFA, a long-time Boglehead and investment adviser, hosts the Bogleheads on Investing podcast. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities nationwide. Many local Chapters in the US and even a few foreign chapters meet regularly, and New Chapters are added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.  

Every Saturday, we revisit a story from the archives. This originally aired on April 7th, 2023. None of the dates, titles, or other references from that time have been changed. Ukraine might not look like a good financial investment after a year at war with no end in sight, but Harvard, Saudi Arabia, a handful of oligarchs, and Vanguard Group see it differently. They are just a few of the investors who have been buying up Ukrainian land – and its rich, fertile soil – en masse, while many Ukrainian farmers argue it should stay in Ukrainian hands. In this episode: Frederic Mousseau, Policy Director, Oakland Institute Anuradha Mittal (@Mittaloak), Founder, Oakland Institute Lorina Fedorova, an expert on sustainable agriculture, Ekodiya Roman Gryshyna, CEO of Travelite MICE&Travel Ukraine Episode credits: This episode was updated by Amy Walters. The original production team was Amy Walters, Chloe K. Li, Miranda Lin, Khaled Soltan, and our host, Malika Bilal. Our sound designer is Alex Roldan. Our engagement producers are Adam Abou-Gad and Vienna Maglio. Aya Elmileik is lead of audience engagement. Alexandra Locke is The Take’s executive producer, and Ney Alvarez is Al Jazeera’s head of audio.

My guest on Episode 78 is Carola Binder, an associate professor of economics at the University of Texas at Austin and a fellow at the Hutchins Center on Fiscal and Monetary Policy. She is also a research associate of the National Bureau of Economics Research in the Monetary Economics group. Carola holds a Ph.D. from the University of California, Berkeley.    Carola's work focuses on inflation, inflation expectations, monetary policy, and economic history. She is the author of Shock Values: Prices and Inflation in American Democracy, a book on the history of inflation and price stabilization in the United States. She has also published research in several economic journals and is an associate editor for the Review of Economics and Statistics and the Journal of Money, Credit, and Banking.    The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.  

Aswath Damodaran is a Professor of Finance at the Stern School of Business at New York University,  where he teaches corporate finance and equity valuation. He is known in the investment industry and academia as the Dean of Equity Valuation. Aswath is the author of several widely used academic and practitioner texts on valuation, corporate finance, and investment management, and he maintains a comprehensive database for valuation purposes that can be found on his website.   During this podcast, we will discuss his teaching career, investment philosophy, the equity risk premium in the US and international stocks, index funds, factor investing, and how artificial intelligence is changing the field of finance and changing us.     The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Andrew O'Connell's journey from a tennis-loving non-target school graduate to a formidable force in the trading world is nothing short of inspiring. His story paints a vivid picture of resilience, as he climbed the ranks at Vanguard Group only to face a career-defining setback that redirected his path towards full-time trading. Amid the challenges of personal trading compliance violations, Andrew's tenacity eventually led to his remarkable performance in the US Investing Championship. This episode explores how competition fosters accountability and the pressure to prioritize absolute returns over risk-adjusted ones, with Andrew's insights offering a unique perspective on navigating the complexities of the trading landscape.Listeners are invited to uncover the nuances of technical analysis with Andrew as he shares his expertise on market trends and trading strategies. While acknowledging the limitations of technical analysis as a predictive tool, the conversation delves into its role in assessing market activity and aligning investments with broader financial trends. The discussion draws fascinating parallels between trading and sports, particularly tennis, emphasizing the need to manage personal biases and maintain psychological resilience. By doing so, traders can better cope with consecutive losses and harness the mindset required for success, offering listeners invaluable insights into the world of trading strategies.The episode also shines a light on the evolving retail trading landscape, especially in the post-2020 era, where social media has significantly impacted trading education. Andrew offers a candid exploration of disciplined risk management and the emotional resilience necessary to endure the market's probabilistic nature. He highlights the contrast between traditional education and social media-driven learning, noting common misconceptions while underscoring the importance of personalized investment approaches. As the episode wraps up, listeners gain a deeper understanding of valuation metrics, market trends, and macro-level influences on stock decisions, all the while being inspired by Andrew's openness to future possibilities and his passion for retail trading.The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.Sign up at LearnCorporate.com and take control of your career and finances. Sign up to The Lead-Lag Report on Substack and get 30% off the annual subscription today by visiting http://theleadlag.report/leadlaglive. Foodies unite…with HowUdish!It's social media with a secret sauce: FOOD! The world's first network for food enthusiasts. HowUdish connects foodies across the world!Share kitchen tips and recipe hacks. Discover hidden gem food joints and street food. Find foodies like you, connect, chat and organize meet-ups!HowUdish makes it simple to connect through food anywhere in the world.So, how do YOU dish? Download HowUdish on the Apple App Store today:

Meir Statman is the Glenn Klimek Professor of Finance at Santa Clara. His research focuses on behavioral finance as he attempts to understand how investors and managers make financial decisions and how these decisions are reflected in financial markets.    Professor Statman's research has been published in numerous academic and professional journals and has won many awards. His first book, “What Investors Really Want,” was published in 2011. His latest book, “A Wealth of Well-Being: A Holistic Approach to Behavioral Finance,” is the topic of our discussion in this podcast.    The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Jason Zweig is a well-known personal finance journalist, author, and a long-time friend of the Bogleheads.   Jason became a columnist for The Wall Street Journal in 2008, and before that, he was a senior writer for Money magazine and a guest columnist for Time magazine and Cnn.com. From 1987 to 1995, Jason was the mutual funds editor at Forbes. Earlier, he had been a reporter-researcher for the Economy & Business section of Time and an editorial assistant at Africa Report, a bimonthly journal.   Jason is the author of several books, Your Money and Your Brain, The Devil's Financial Dictionary, The Little Book of Safe Money, and the editor of two revised editions of Benjamin Graham's classic text The Intelligent Investor, which is discussed in this podcast.     The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.  

Special guest Marc Russell, founder of BetterWallet, joins us to help our community build investment portfolios for financial security, legacy building, and retirement. After spending six years at Vanguard Group as a stockbroker and financial advisor, Marc built his own six-figure investment portfolio. On this show, he'll guide us through how to properly prepare for retirement and how to overcome fears surrounding it. Do you worry about having enough money for retirement? Will you need to drastically downsize your lifestyle? Is it too late to start investing if you've never understood it before? Should you choose a 401K, IRA, or IUL? If you've ever asked yourself these questions, this is a must-listen to show! ALL I ASK IS THAT YOU THINK --- Support this podcast: https://podcasters.spotify.com/pod/show/montoya-smith/support

Warren Buffett once said, “If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle.” By creating index investing, the Vanguard Group founder helped to provide investors with a streamlined and low-cost way to buy broader market-tracking mutual funds. Though he died in 2019, his lessons continue to light the path toward a financially secure and happy retirement. Reviewing them is a healthy exercise for all those trying to make their hard-earned savings outpace inflation over time. Learn more about your ad choices. Visit megaphone.fm/adchoices

This podcast features CIS Co-Founder and Chairman Emeritus of The Vanguard Group, Jack Brennan, and Ruchir Sharma, Chairman of Rockefeller International and Founder and Chief Investment Officer of Breakout Capital. The panelists discuss Ruchir Sharma's book titled: What Went Wrong with Capitalism. Highlights Survey reveals young Americans favor socialism. Early American financial bailouts began in 1984. Regulation and risk-taking in financial sectors. The paradox of productivity amidst technological boom. Housing affordability as a generational issue. Impact of regulations on business dynamics. Capitalism's role in fostering economic freedom. Major themes of capitalism addressed. Continual cycles and potential market corrections. Rising prominence of private markets. Investor's role in capitalism's future.   Episode Resources Connect with Catholic Investment Services https://catholicinvest.org/about-us/ https://catholicinvest.org/about-us/#board-of-trustees https://catholicinvest.org/contact-us/ https://catholicinvest.org/cis-institute/ 

Featuring:Qian Wang, Chief Asia Pacific Economist at Vanguard Group, on APAC eco outlookWill McDonough, Founder, Chairman and CEO at Corestone CapitalJames Abate, Managing Director & Chief Investment Officer of Centre Asset ManagementAdam Coons, Co-Chief Investment Officer and Portfolio Manager at Winthrop Capital Management   Apple: https://podcasts.apple.com/us/podcast/bloomberg-daybreak-asia/id1663863437Spotify: https://open.spotify.com/show/0Ccfge70zthAgVfm0NVw1bTuneIn: https://tunein.com/podcasts/Asian-Talk/Bloomberg-Daybreak-Asia-Edition-p247557/?lang=es-es See omnystudio.com/listener for privacy information.

Josh Brown is a well-known author, columnist, creator of the widely read blog The Reformed Broker, a commentator on CNBC, and CEO of Ritholtz Wealth Management, an independent investment advisory firm he founded with Barry Ritholtz. In the 1990s and early 2000s, Josh worked for 10 years as a broker at various investment firms, where he learned the hard truths about how clients are routinely treated—and how their money is sent on a one-way trip to Wall Street's coffers.   A prolific writer, Josh co-authored two books, How I Invest Money and The Clash of the Financial Pundits, and authored two books, Backstage Wall Street, and just released You Weren't Supposed to See That, which we discuss in this podcast. Josh stopped blogging as The Reformed Broker in 2023 and now publishes the DowntownJoshBrown.com blog.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Reveal reporter Jonathan Jones was working on a story about a massive coal plant expansion in Montana when he wondered who was bankrolling the project. It turns out a major shareholder of the energy company driving the project was The Vanguard Group, the investment firm where he happens to have his retirement savings. This discovery put Jones on a quest to find out why Vanguard and other asset managers continue to invest in fossil fuels at a time when we need to burn less oil, gas, and coal.This week on Reveal, we look at the unsettling truth that our retirement savings could be fueling the very climate crisis that threatens our planet. From the site of a massive natural gas pipeline cutting through Appalachia to the boardrooms of Vanguard, we explore how our investments might be working against our values—and what can be done to align them with a sustainable future.  Support Reveal's journalism at Revealnews.org/donatenow Subscribe to our weekly newsletter to get the scoop on new episodes at Revealnews.org/newsletter Connect with us on Twitter, Facebook and Instagram

David Goerz of @StrategicCAPM says the current market is putting a twist on Internet Bubble days, but that stock valuations are extremely high and so are most risk factors, so investors might want to hunker down and wait at least for rate-driven volatility to pass. Joel Dickson of Vanguard Group discusses how rules changes impacting the way investors must remove money from individual retirement accounts (IRAs) they inherit from loved ones should worry most people about how following conventional wisdom might be leading them right into a big tax bill that could be avoided with some extra planning. Plus, John Cabell of J.D. Power on the firm's look into just how satisfied US consumers are with their credit-card programs and the perks and minuses they get in exchange for their loyalty.

Christine Benz is the director of personal finance and retirement planning at Morningstar and senior columnist for Morningstar.com. She also co-hosts a podcast for Morningstar, The Long View. Christine is widely quoted in the media and the recipient of several awards, including being named by Barron's as one of the ten most influential women in wealth management in 2021. She is the author of three books. Her latest, and the focus of this podcast, is How to Retire, 20 Lessons for a Happy, Successful, and Wealthy Retirement.    The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

We talk with Jeff DeMaso, editor of the Independent Vanguard Adviser newsletter, about the fast-changing state of things at The Vanguard Group.

Vanguard Group CEO Salim Ramji discusses the impact the huge markets sell off has had on Vanguard and also his to do list as the new acting CEO of the company. He is joined by Bloomberg's Katia Greifeld, Matt Miller, and Sonali Bassak.See omnystudio.com/listener for privacy information.

David Baughier switched seats with host Rick Ferri and interviewed him about many personal finance topics. David is a retired Naval Officer with a passion for helping people pursue and achieve financial independence. He is the founder of www.fiology.com, a free resource that escorts you through 52 concepts of financial independence over the course of one year.   This podcast highlights the first 50 minutes of David's The Forget About Money YouTube video, which we recorded in May 2024. We discussed a diverse set of topics, from John Bogle to asset allocation to the biases in most investment advice. The podcast is David's latest passion project, and it encourages you to take action today so that you can focus on what matters most to you.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads have held national conferences in major cities nationwide. There are also many local chapters in the US and even a few foreign chapters that meet regularly, and New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Explore influential quotes and maxims from the investing and business world. This includes from: Warren Buffett, Mark Twain, Robert Kiyosaki, Albert Einstein, Dan Sullivan, Thomas Edison, Benjamin Franklin, Suze Orman, and yours truly, Keith Weinhold. “Why not go out on a limb? That's where the fruit is.” -Mark Twain “Given a 10% chance of a 100x payoff, you should take that bet every time.” -Jeff Bezos “The stock market is a device for transferring money from the impatient to the patient.” -Warren Buffett “Don't live below your means; expand your means.” -Rich Dad “The wise young man or wage earner of today invests his money in real estate.” -Andrew Carnegie “Savers are losers. Debtors are winners.” -Robert Kiyosaki Resources mentioned: For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:00) - Welcome to GRE. I'm your host, Keith Weinhold. Real estate and other investing involves people from the disappointing to the mesmerizing. People have contributed countless quotes, maxims and aphorisms on investing today. All recite and then we'll discuss dozens of influential ones and what you could learn from this timeless wisdom today on get Rich education.   Robert Syslo (00:00:29) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Reinhold writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki. Get Rich education can be heard on every podcast platform, plus has had its own dedicated Apple and Android listener. Phone apps build wealth on the go with the get Rich education podcast.   Robert Syslo (00:01:06) - Sign up now for the get Rich education podcast or visit get Rich education.com.   Corey Coates (00:01:14) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:30) - Welcome to diary from Ellis Island, New York, to Ellensburg, Washington, and across 188 nations worldwide. I'm Keith Weinhold, and you're listening to get Rich education for the 508th consecutive week. Happy July. It's the first day of the quarter, and it's now the second half of the year. So late last year when you got takeaways from our goals episode here, I hope that you're still applying them today. We're doing something different on this show. For most episodes. I divulge a lot of my best guidance. Some even quote that material. But why don't I acknowledge others great quotes maxims in aphorisms along with some of my own? And then I'll tell you what you can learn from them. So yes, today it's about axioms, adages, mantras and quotes, maxims and aphorisms. Some of these you've heard, others you probably haven't.   Keith Weinhold (00:02:28) - The first one is the only place you get money is from other people. Yeah. Isn't that so solidly true? You've never received any money in your life from yourself, unless you try to counterfeit it and give it to yourself. It's always been from other people. When you realize that the only place that you do get money is from others, you realize the value of relationships and connectivity. The next one comes from the brilliant entrepreneurial coach Dan Sullivan. You are 100% disciplined to your set of habits. Gosh, this is a terrific reminder about the importance of how you have to often uncomfortably apply something new in order to up your skill set up your game. If you keep getting distracted, well, then that's a habit, and then you'll soon become disciplined to the habit of distraction. The next two go together, and they're about market investing. Nobody is more bearish than a sold out bull. And the other is bears make headlines. Bulls make money. Really the lesson there is that they're both reminders that it's better to stay invested rather than on the sidelines.   Keith Weinhold (00:03:53) - The next two are related to each other as well. Albert Einstein said, strive not to be a person of success, but rather to be a person of value. And then similarly, a more modern day spin on that. Tony Hsieh, the late CEO of Zappos. He said, Chase the vision, not the money and the money will end up following you. And the lesson here is, well, we'd all like more money, but if you focus on the money first, well then it doesn't want to follow you. You need to provide value and build the vision first, and then the money will follow and you know, to me, it's kind of like getting the girl if you act too interested in her and you get too aggressive, it's a turnoff. But if you quietly demonstrate that you're a person of value, or subtly suggest somehow in a way that their life could be improved by having a relationship with you or being around you, then they're more likely to follow. And yes, I'm fully aware that this is a heterosexual male analogy, and I use it because that is what I am.   Keith Weinhold (00:04:58) - So if you're something else, I'm sure you can follow along with that. The next quote is from Susie Kasam. Doubt kills more dreams than failure ever will. Gosh, isn't this so on point? It's about overcoming the fear in just trying. And then if you know that you've lived a life of trying, you're going to have fewer regrets. Thomas Edison yes, the light bulb guy in the co-founder of General Electric, he said the value of an idea lies in the using of it. Oh, yeah, that's a great reminder that knowledge isn't really power. It's knowledge plus action that creates power because an idea that remains idle doesn't do anyone any good. Hey, we're just getting started talking about investing in real estate quotes today here on episode 508 of get Rich education. And, you know, remarkably, these maxims and catchphrases, they're usually just 1 or 2 sentences, but yet they are so often packed with the wisdom such that these takeaways and lessons are like your three favorite ones today. They can change the trajectory of your entire life.   Keith Weinhold (00:06:20) - The next quote is one that I have said carefully bought real estate has the best risk adjusted return in. The world. And I don't need to explain that because we talk about that in some form or another on the show many weeks. Albert Schweitzer said success is not the key to happiness. Happiness is the key to success. If you love what you're doing, you will be successful. Yeah, I'd say that one is mostly true. Just mostly, though, there's no attribution here. On this next one, you might have heard the aphorism money is a terrible master, but an excellent servant. Yeah. Now, I've heard that one for a long time, and it took me a while to figure out what it really meant. And here's my take on that. If you make money, the master will. Then you'll, like, do almost anything. You'll trade your time for money. You'll sell your time for dollars instead. If you invest passively and it creates leveraged equity and income streams, oh, then money serves you.   Keith Weinhold (00:07:28) - It's no longer the master. That's what that means to me here in a real estate investor context. And, you know, it really underscores the importance of making money work for you. And is a follow up to last week's show. Whose money are we talking about here? Whose is it? It's focusing on getting other people's money to work for you, not just your own. Now, the next one is a quote that I've said on the show before, quite a while ago, though. And come on now, what would an episode about quotes, maxims and aphorisms be without some contribution from Mark Twain? Here Twain said, why not go out on a limb? That's where the fruit is. that's just so, so good in business and in so many facets of your life, constantly playing it safe is the riskiest thing that you can actually do. Because a risk averse investor places a ceiling on his or her potential in a risk averse person imposes an upper limit on their very legacy. In fact, episode 275 of the get Rich education podcast is named Go Out on Limb precisely because of this Twain quote.   Keith Weinhold (00:08:45) - So listen to that episode if you want to hear a whole lot more about that. It's actually one of Twain's lesser known quotes, but perhaps his best one. The next one comes from famous value investor Benjamin Graham. He said the individual investor should act consistently as an investor and not as a speculator. Okay, so what's the difference there? A speculator takes big risks in hopes of making large quick gains. Conversely, an investor focuses on risk appropriate strategies to pursue longer term goals, which is really consistent with being a prudent, disciplined real estate investor. Presidential advisor Bernard Baruch contributed this to the investing world. Don't try to buy at the bottom and sell at the top. It can't be done except by liars. yes. Tried to time the market. It might be tempting, but it rarely works because no one really knows when the market has reached its top or its bottom. All you can really hope to do is buy lower and sell higher. But you're never going to buy at the trough and sell at the peak.   Keith Weinhold (00:10:00) - And even buying lower and selling higher is harder to do than it sounds, even though everyone knows that's what they're supposed to do. Albert Einstein is back here, he said. Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn't pays it. And as you've learned here on the show on previous episodes, compound interest. It does work arithmetically, but not in real life would apply to the stock market. Of course. My quote contribution to the investing world on this is compound interest is weak. Compound leverage is powerful. I broke that down just last week on the show, so I won't explain that again. Now, really, a central mantra in GR principle is don't live below your means, grow your means. But I must tell you, I can't really take credit for coining that particular one because from the rich dad world, the quote is don't live below your means, expand your means. But I did hear that from them first, and though it can't be certain, I think it was Sharon letter that coined that one.   Keith Weinhold (00:11:13) - A lot of people don't know this, but she was the original co-author of the book. Rich dad, Poor Dad with Robert Kiyosaki. And Sharon has been here on the show before, and if I have her back, I will ask her if she is the one that coined that. Don't live below your means. Expand. Your means. But yeah, I mean, what this quote really means is, in this one finite life that you have here on Earth, why in the world would you not only choose to live below your means, but actually take time and effort learning how to do a better job of living below your means when it just makes you miserable after a while, when instead you could use those same efforts to grow your means and you can only cut down so far. And there's an unlimited ceiling on the upside. And now there is one caveat here. I understand that if you're just getting on your feet, well, then living below your means might be a necessity for you in the short term.   Keith Weinhold (00:12:08) - And what's an example of living below your means? It's eating junk food because it's cheap and filling, expanding your means. That might be doing something like learning how to do a cost segregation to accelerate your depreciation. Write off on your 20 unit apartment building. But you know, even if you're in hardship, I still like live within your means more than the scarcity minded guidance of live below your means. Next is a terrific one, and it really reinforces the last quote a rich man digs for gold. A poor man is concerned with the cost of a shovel. Oh yeah, that's so good. And I don't know who to attribute that to. It's about growing your means and taking on and actually embracing calculated risks. Not every risk, calculated risk. And you can also live that regret free life this way. In fact, episode 91 of this show is called A Rich Man Digs for gold. So you can get more inspiration for that from that episode. Okay, this one comes from the commodities world where there are notoriously volatile prices.   Keith Weinhold (00:13:18) - How do you make a million? You start with 2 million. now, this next one is one that I don't really agree with that much. You really heard this a lot the last few years. It applies when you have a mortgage on a property, and that is the house is the liability and the debt is the asset. I know people are trying to be crafty. People kind of use this pithy quote when they're discussing how those that locked in at those artificially low mortgage rates years ago considered the debt so good that it's an asset. It's like, yeah, I know what you're saying. And I love good real estate debt and leverage and all that, of course. But really, for you, truly, then if the House is a liability and the debt is an asset like you're saying, then give away the house to someone else. If it's such a liability, and keep the debt to pay off yourself if it's really such an asset. A little humorous here. Next, Forbes magazine said, how do you make a million marry a millionaire? Or better yet, divorce one then more? Real estate ish is Jack Miller's quote how do you become a millionaire? Well, you borrow $1 million and you pay it off.   Keith Weinhold (00:14:31) - And I think we can all relate to that here at GRE. Better yet, borrow $1 million and don't pay it off yourself. Have tenants and inflation pay it down for you. And you know, inflation is getting to be a problem for any of these, like century old classic quotes that have the word millionaire in them. Because having a net worth of a million that actually used to mean you were wealthy, and now it just means you're not poor, but you might even be below middle class. Now, you probably heard of some of these next ones, but let's talk about what they mean. Warren Buffett said the stock market is a device for transferring money from the impatient to the patient. And then Benjamin Franklin said an investment in knowledge pays the best interest. I mean, yeah, that's pretty on point stuff there when it comes to investing. Nothing will pay off more than educating yourself. So do some research before you jump in. And you've almost certainly heard this next one from Warren Buffett.   Speaker 4 (00:15:28) - You want to be greedy when others are fearful, and you want to be fearful when others are greedy.   Keith Weinhold (00:15:32) - That is, be prepared to invest in a down market and to get out in a soaring market. As per the philosophy of Warren Buffett, it's far too easy for investors to lose perspective when something big goes wrong. A lot of people panic and sell their investments. And looking at history. The markets recovered from the 2008 financial crisis. They recover from the dotcom crash. They even recover from the Great Depression, although it took a long time. So they're probably going to get through whatever comes next as well, if you really follow that through what Buffett said there. Well, then at a time like this now, I mean, you could be looking at shedding stocks as they continue to approach and break all time highs. Carlos Slim, hello said with a good perspective on history, we can have a better understanding of the past and present and thus a clear vision of the future. Sure. Okay, that quote like that probably didn't sound very snappy and it's really simple, but he's telling us that if you want to know the future, check on the past.   Keith Weinhold (00:16:39) - Not always, but often. It will tell you the future directory, or at least that trajectories range. And this is similar to how I often say take history over hunches, like when you're applying economics to real estate investing. Now this next guy has been a controversial figure, but George Soros said it's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong. Okay, I think that quote means that too many investors become almost obsessed with being right, even when the gains are small, winning big, and cutting your losses when you're wrong. They are more important than being right. Amazon founder Jeff Bezos said given a 10% chance of a 100 times payoff, you should take that bet every time. All right. Now, that's rather applicable to the high flying risk of, say, investing in startup companies. We'll see. Bezos himself, he took a lot of those bets, a 10% chance at a 100 X payoff. And that is exactly why he's one of the richest people in the world.   Keith Weinhold (00:17:49) - Now, if you haven't heard of John Bogle before, you should know who he is. He co-founded the Vanguard Group, and he's credited with popularizing the very concept of the index fund. I mean, Bogle transformed the entire investment management industry. John Bogle said, don't look for the needle in the haystack. Just buy the haystack. Okay? If it seems too hard to say, find the next Amazon. Well, John Bogle came up with the only sure way to get in on the action. By buying an index fund, investors can put a little bit of money into every stock, and that way they never miss out on the stock market's biggest winners. They're only going to have a small part. And what that means to a real estate investor is, say, rather than buying a single property in a really shabby neighborhood, that neighborhood will drag down your one property. So to apply boggles by the whole haystack quote. What you would do then is raise money to buy the entire block, or even the entire neighborhood and fix it up, therefore raising the values of all of the properties.   Keith Weinhold (00:18:55) - Back to Warren Buffett. He had this analogy about the high jump event from track and field. He said, I don't look to jump over seven foot bars. I look around for one foot bars that I can step over. Yeah. All right. I mean, investors often do make things too hard on themselves. The value stocks that Buffett prefers, they frequently outperform the market, making success easier. Supposedly sophisticated strategies like short selling. A lot of times they lose money in the long run. So profiting from those is more difficult. Now, you might have heard the quote, and it's from Philip Fisher. He said the stock market is filled with individuals who know the price of everything but the value of nothing. Yeah. I mean, that's really another testament to the fact that investing without an education and research that's ultimately going to lead to pretty regrettable investment decisions. Research is a lot more than just listening to the popular opinion out there, because people often just then invest on hype or momentum without understanding things like a company's fundamentals or what value they create for society, or being attentive to price to earnings ratios.   Keith Weinhold (00:20:08) - Even Robert Arnott said in investing, what is comfortable is rarely profitable. You know, that's pretty on point at times. You have to step out of your comfort zone to realize any big gains. Know the boundaries of your comfort zone. Practice stepping out of it in small doses. As much as you need to know the market, you need to know yourself too. Can you handle staying in when everyone else is jumping out, or do you have the guts to get out during the biggest rally of the century? You've got to have the stomach to be contrarian and see it through. Robert Allen said. How many millionaires do you know who have become wealthy by investing in savings accounts? I rest my case. That's the end of what Robert G. Allen said. Yeah, though inflation could cut out the millionaires part. Yeah I mean point well taken. No one builds wealth through a savings account. Now a savings account might be the right place for your emergency fund. It has a role, but it's not a wealth builder.   Keith Weinhold (00:21:10) - I mean, since we left the gold standard back in 1971, so many dollars get printed most years that savers become losers. Which, hey, that does bring us to Robert Kiyosaki. He's been a guest on the show here with us for times now, one of our most frequent guests ever. Here he is. The risks at Port Arthur. And you probably know what I'm going to say. He is, he said. Savers or losers? Debtors or winners of something that your parents probably would never want to know that you subscribed to your grandparents, especially. Yes, he is one of the kings of iconoclastic finance quotes. And as you know, I've got some contributions to that realm myself. But what Kiyosaki is saying is if you save 100 K under a mattress and inflation is 5%, well, now after a year you've only got 95 K in purchasing power. So therefore get out of dollars and get them invested. Even better than if you can get debt tied to a cash flowing leveraged asset. In fact, episode 212 of this very show is named Savers are Losers.   Keith Weinhold (00:22:18) - Debtors are winners. So I go deep on that theme there. We've got more as we look at it and break down some of the great real estate investing quotes, maxims and aphorisms. They generally get more real estate ish as we go here, including ones that you haven't heard before and dropping, quote, bombs here that absolutely have to be enunciated and brought to light ahead. A group of Real Estate quotes episode. Hey, learn more about what we do here to get rich education comm get rich education.com. And do you have friends or family that are into investing or real estate? I love it when you hit the share button on your pod catching device or whatever platform you're listening on. Everything that we do here is free and the share button really helps the show. Be sure to follow or subscribe yourself if you haven't done that more. Straight ahead. I'm Keith Reinhold, you're listening to get Rich education. Your bank is getting rich off of you. The national average bank account pays less than 1% on your savings.   Keith Weinhold (00:23:27) - If your money isn't making 4%, you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk. Your cash generates up to an 8% return with compound interest year in and year out. Instead of earning less than 1% sitting in your bank account, the minimum investment is just $25. You keep getting paid until you decide you want your money back there. Decade plus track record proves they've always paid their investors 100% in full and on time. And I would know, because I'm an investor, to earn 8%. Hundreds of others are text family 266866. Learn more about Freedom Family Investments Liquidity Fund on your journey to financial freedom through passive income. Text family to 66866. Role under this specific expert with income property, you need. Ridge lending Group Nmls 42056. In gray history from beginners to veterans, they provided our listeners with more mortgages than anyone. It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge personally.   Keith Weinhold (00:24:46) - They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com.   Speaker 5 (00:25:02) - This is Rich dad advisor Ken McElroy. Listen to get Rich education with Keith Reinhold and don't quit your daydream.   Keith Weinhold (00:25:20) - Welcome back to Get Your Education. I'm your host, Keith Weiner. We're having some fun today, looking at and breaking down some of the great investing quotes, maxims, and aphorisms. Andrew Carnegie said, the wise young man or wage earner of today invests his money in real estate. Another one for Mark Twain here by land. They're not making it any more. You probably heard one or both of those. And yeah, Twain's time predated that of those islands that are built in Dubai. But Twain's point is still well taken. There is an inherent scarcity in land. Louis Glickman drove the point home about real estate investing when he simply said, the best investment on Earth is Earth. A Hebrew proverb goes as far as saying he is not a fool man who does not own a piece of land.   Keith Weinhold (00:26:18) - Wow, that's pretty profound right there. And if you're a female listener, yes, many of these timeless quotes from yesteryear harken back to a period when all of the landowners were men. President Franklin D Roosevelt, he has a real estate quote that you probably heard, but let's see what I think about it. Let's talk about it. Here it is. Real estate cannot be lost or stolen, nor can it be carried away, purchased with common sense, paid for in full and managed with reasonable care. It is about the safest investment in the world. That's from FDR. That's pretty good. I just don't know about the paid in full part because you lost your leverage. FDR, Johnny Isakson, a US senator, said, in the real estate business, you learn more about people and you learn more about community issues. You learn more about life. You learn more about the impact of government, probably more than any other profession that I know of. And that's good, really on point stuff there.   Keith Weinhold (00:27:23) - If you're a direct real estate investor like we are here, you really learn those things. If you're in, say, a REIT, well, you're not going to be exposed to that type of knowledge in experiences. Hazrat Ali Khan is a spiritualist and he said, some people look for a beautiful place, others make a place beautiful. Yeah, that's some mystical motivation for the house flipper or the value add real estate syndicator right there, Political economist John Stuart Mill, he said something you've probably heard before. Landlords grow rich in their sleep without working, risking or economizing. Oh, yes, you can have a real estate quotes episode without that classic one. Although rather than landlords growing rich in their sleep, the phrase real estate investors is likely more accurate. Don't wait to buy real estate. Buy real estate and wait. You've surely heard that one. You might not know that it was actor Will Rogers with that particular attribution, entrepreneur Marshall Field said buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy, billionaire John Paulson said.   Keith Weinhold (00:28:45) - I think buying a home is the best investment any individual can make. That's what Paulson said. let's give Paulson the benefit of the doubt here. Although Robert Kiyosaki famously said that a house is not an asset because an asset puts money in your pocket and your home takes money out of your pocket, well, a home is something that you get to live in, build family memories in, and you do get some leverage if you keep debt on your own home. So maybe that's more of what's behind John Paulson's maxim there. Notable entrepreneur Jesse Jones. He said I have always liked real estate, farmland, pasture land, timberland and city property. I have had experience with all of them. I guess I just naturally like the good Earth, which is the foundation of all our wealth. Business mogul Tamir Sapir said if you're not going to put your money in real estate, where else? Yeah, I guess that's a good question. Anthony hit real estate professional. He said to be successful in real estate, you must always inconsistently put your client's best interests first.   Keith Weinhold (00:30:00) - When you do, your personal needs will be realized beyond your greatest expectations. Yeah, I think he's talking about being a team player there. And if you're a real estate agent, it's about putting your client's needs over yours. If it's a landlord, perhaps then you're thinking about putting your tenants first and meeting their needs so that they stay in your property longer. Here's a quote that I've got to say I don't understand. It's from real estate mogul and shark tank shark Barbara Corcoran. She says a funny thing happens in real estate. When it comes back, it comes back like gangbusters. I don't really know what that means, and I don't know what a gangbuster is yet. I see that quote all over the place. I can't explain why that would be popular. I don't get it at all now, novelist Anthony Trollope said it is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can't fly away. Entrepreneur Armstrong Williams is here with this gem. Now one thing I tell everyone is to learn about real estate.   Keith Weinhold (00:31:12) - Repeat after me. Real estate provides the highest returns, the greatest values in the least risk. Yeah, that's a real motivator of a quote. As long as one knows what they're doing and buys, right? All of that could very well be true from Armstrong Williams. It was none other than John de Rockefeller that said the major fortunes in America have been made in land. Yeah, it's just really plain and simple there. John Jacob Astor, he got specific and more strategic here. This is Astor. He said, buy on the fringe and wait by land near a growing city. Buy real estate when other people want to sell and hold what you buy. I mean, yeah, that's pretty much an all timer right there from Astor. Winston Churchill said land monopoly is not only monopoly, it is by far the greatest of monopolies. It is a perpetual monopoly, and it is the mother of all other forms of monopoly. Yeah, interesting from Churchill. And there's a good chance that you haven't heard that one before.   Keith Weinhold (00:32:26) - Perhaps. So say, for example, if one owns real estate on all four corners of a busy street intersection, then that quote applies. It's like you've got a monopoly on a popular intersection. Russell Sage said. This real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security. That's from Russell Sage. And, you know, you know, something here is we've got lots of real estate specific quotes in this segment is that it is rare to nonexistent to see any negative quotes about real estate, about anyone saying anything bad about it. It's all positive stuff. Waxing eloquent about real estate. And there are a lot of reasons to do that. But not every real estate moment is great. Maybe this is all because nothing quotable is said when you find out that one of your tenants is a drug dealer. Well. Finance expert Susie Orman says this owning a home is a keystone of wealth, both financial affluence and emotional security.   Keith Weinhold (00:33:46) - Yeah, a lot like an earlier quote. A home is the only investment that you get the benefit of living in. Peter Lynch said. No, what you own and why you own it. I mean, that is short, sweet and it's just a really good reminder to you. Do you now own any properties that you would not buy again? And if you wouldn't buy it again, then should you consider selling it now? Not FDR, but Theodore Roosevelt. He said every person who invests. In well selected real estate in a growing section of a prosperous community, adopts the surest and safest method of becoming independent for real estate is the basis of wealth. That's Theodore Roosevelt. Yeah. He reiterates that you want to own most of your property in growing places, something that really hasn't changed over all this time. Coke Odyssey contributes to this. The house he looked at today and wanted to think about until tomorrow, maybe the same house someone looked at yesterday and will buy today. Oh, gosh, that's true.   Keith Weinhold (00:34:58) - I think that everyone has the story of the one that got away. Margaret Mitchell said the land is the only thing worth working for. Worth fighting for, worth dying for. Because it's the only thing that lasts. Yeah. Wow. Some real passion there from Margaret. Sir John Templeton said the four most dangerous words in investing are. It's different this time. Yeah. I think what Templeton is advising is to follow market trends in history. Don't speculate that this particular time will be any different. Warren Buffett said wide diversification is only required when investors do not understand what they are doing. Yeah, that insight from Buffett. That's pretty applicable when you understand that you've got to get good in a niche and then get rich in that niche, meaning being narrow. Why diversification? That's likely better when you're just beginning and you don't know much, but then you want to get niche in your big earning years. And then perhaps when you're older, you get diversified once again because you're more interested in just protecting what you have.   Keith Weinhold (00:36:15) - Robert Kiyosaki said it's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for. Now there's something with tax efficiencies and more in that Kiyosaki quote. My friend Dave Zook, billionaire dollar syndicator and frequent guest on this show, he said, you can be conventional or you can be wealthy. Pick one. Oh yeah, I love that from Dave. Because if you do what everyone else does, you'll only get what everyone else got. And I've contributed some material here over 508 episodes of this show. Although I won't claim the eminence of some of the other luminaries of the past few centuries discussed today. I've been known to say these. You do care about what others think. That's your reputation. I've been known to say the scarcity mentality is abundant and the abundance mentality is scarce. And some say that in real estate, I was the first one to point out back in 2015 that real estate pays five ways. Another that I have is a critique of delayed gratification.   Keith Weinhold (00:37:31) - Now, some delayed gratification is okay early on in your life, but I've said too much delayed gratification becomes denied gratification. Here on Earth, you live just one life. Hey. And the other day, an entrepreneurial friend. I don't know. He seemed to think that I have the right life balance. I'm not sure if that's true or not, but here's what I told him. And I think he said this because he often sees me out to exercising and things. I told him I give my best to exercise. Business only gets left over time. That's because exercise is hard and making money is easy. Yeah, there it is. That's my take on that. And that's it for today. I hope that you got some learning, some perspective, a few laughs and that some thought was spurred inside your mind in order to give you at least one big, rich novel takeaway here. And it's probably best for you to refer back to this episode of quotes, maxims, and aphorisms. At times when you're feeling shaky about your investment decision making, or just other times of uncertainty.   Keith Weinhold (00:38:49) - Until next week, I'm your host, Keith Reinhold, and there's something else that I've been known to say. Don't quit your day. Drink.   Speaker 6 (00:39:00) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively.   Keith Weinhold (00:39:28) - The preceding program was brought to you by your home for wealth building. Get rich education.com.

Matt Hougan is the Chief Investment Officer of Bitwise Asset Management, the world's largest provider of cryptocurrency index funds with more than $4 billion in assets under management. Before joining Bitwise, Matt held several notable positions in the financial industry, including CEO at Inside ETFs, Managing Director of Global Finance at Informa, and CEO of ETF.com. Matt also co-authored The CFA Institute's publication on ETFs, "A Comprehensive Guide to Exchange-Traded Funds."   Matt is a long-time Boglehead who attended the Bogleheads Conference in years past. I asked him to join me for a no-spin discussion about cyber-currencies. We cover the history of blockchain technology, why cryptology is important to the blockchain, and how this led to Bitcoin, the world's first digital currency, and eventually other digital currencies, including the digital dollar. The discussion is structured as purely educational. There is no sales hype, no recommendations for purchase or sale, and no price speculation.    The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Dr. Wes Gray is the CEO of Alpha Architect. Our topic of discussion for this podcast is exchange-traded funds (ETFs) and their unique tax benefits. Wes is an author, portfolio manager, United States Marine, Iraq War vet, and former professor of finance at Drexel University. He earned an MBA and a Ph.D. in finance from the University of Chicago, where he studied under Nobel Prize Winner Eugene Fama.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Larry Swedroe is the head of financial and economic research for Buckingham Wealth Partners. A prolific writer who is the author or co-author of 18 books.  His first book, The Only Guide to a Winning Investment Strategy You'll Ever Need, is in its second edition. Larry's latest book, Erich Your Future, The Keys to Successful Investing, is the topic of our discussion in this podcast.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

For a growing number of Americans, retirement accounts are doing double duty as savings accounts for the future and emergency funds for the here and now. Vanguard Group says that 2023 saw early withdrawals from a record 3.6 percent of the 5 million accounts it administers, up from 2.8 percent in 2022. Roben Farzad, host of NPR's "Full Disclosure" podcast, joins John Yang to discuss. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders

More than 50 percent of mutual fund and ETF assets track passive indices, which makes index methodology important. Episode 68 is all about index history and evolution and how the usage of indexes as investment products changed the industry.    Rolf Agather has been in the indexing industry since the 1980s. He started Russell, moved around the industry a bit, then went back to Russell Investments and in 2002 became the Managing Director, Research and Innovation, Russell Indexes. He remained there after a merger with FTSE and became the FTSE Russell Managing Director, Research, North America. Rolf moved to Morningstar in 2020 as Morningstar's Head of Research and Product, Indexes.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

If you hate paying taxes, then you should love learning about taxes because that's the way to reduce them. My guest, Kaye Thomas, received his law degree from Harvard Law School in 1980 and then began his career as a tax attorney, dealing with complex tax matters related to business transactions, finance, and compensation.   Kaye now spends his time as a writer, publisher, public speaker, and consultant on topics relating to taxation and investments. He has written several books, including Capital Gains…Minimum Taxes, Go Roth! A guide to the Roth IRA and other Roth accounts, and Consider Your Options, a plain language guide to company stock and stock option compensation plans. His website, Fairmark.com, provides free plain-language guidance on the taxation of investments, taxes in retirement, kids and taxes, taxes on stock-based compensation, and much more.   The Bogleheads on Investing podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

My two guests are James Dahle, MD, a practicing emergency physician, founder of The White Coat Investor, and the creator of the "No Hype Real Estate Investing" course, and John Worth, Ph.D., Executive Vice President of Research and Investor Outreach at Nareit. Our topic in the episode is real estate investing. We cover the spectrum of real estate investment opportunities, from flipping homes to listed real estate investment trusts (REITs).   This podcast is hosted by Rick Ferri, CFA, a long-time Boglehead and investment adviser. The Bogleheads are a group of like-minded individual investors who follow the general investment and business beliefs of John C. Bogle, founder and former CEO of the Vanguard Group. It is a conflict-free community where individual investors reach out and provide education, assistance, and relevant information to other investors of all experience levels at no cost. The organization supports a free forum at Bogleheads.org, and the wiki site is Bogleheads® wiki.    Since 2000, the Bogleheads' have held national conferences in major cities nationwide. There are also many Local Chapters in the US and even a few Foreign Chapters that meet regularly. New Chapters are being added regularly. All Bogleheads activities are coordinated by volunteers who contribute their time and talent.     This podcast is supported by the John C. Bogle Center for Financial Literacy, a non-profit organization approved by the IRS as a 501(c)(3) public charity on February 6, 2012. Your tax-deductible donation to the Bogle Center is appreciated.

Ralph has a new book out, The Rebellious CEO: 12 Leaders Who Did It Right and in this episode, we profile three of them, Andy Shallal, owner of the restaurant “Busboys and Poets,” John Bogle, founder of the Vanguard Group, and Robert Townsend, iconoclastic CEO of Avis Rent-a-Car and author of the classic business book “Up The Organization!” Mr. Shallal joins us in person while financial advisor and Boglehead, Rick Ferri, talks to us about the late John Bogle and Robert Townsend Jr. explains the origins of his father's philosophy. Plus, Ralph gives us an update and a call to action on Gaza.Click on the link to order your copy of The Rebellious CEO.Andy Shallal is an activist, artist and social entrepreneur. Mr. Shallal is the founder and proprietor of Busboys and Poets restaurants in the Washington DC area, which feature prominent speakers, poets and authors and provide a venue for social and political activism. He is co-founder of The Peace Cafe, a member of the board of trustees for The Institute for Policy Studies, and a member of the advisory council for the American Museum of Peace.The whole idea of this book The Rebellious CEO is to show that these CEOs reverse the business model. They didn't just have a vision and say, “We're gonna squeeze workers and consumers and environmental indifference to maximize the profits.” No, they started out saying, “We're gonna treat the workers well. We're gonna treat the consumers well. We're gonna confront the environment. We're gonna speak out against injustice.” And they all made money. Every one of them in the book said they always paid attention to profits because without profits they couldn't do all the things they wanted to do.Ralph Nader, author of “The Rebellious CEO”It becomes very personal. And when it's personal, it's hard to separate yourself from the business. So everything that happens in the business, it's not a one -off, it's about me. If the business is treating my employees badly, it means Andy Shallal is treating his people badly. That's a very personal way [of looking at it] and it's a way for I think a lot of these folks that you write about in the book to kind of stay on mission and say, “This is my name. This is my legacy. This is my entire being that is on the line.”Andy ShallalUnderstanding those dynamics and how race plays out in this country and how people interpret and see race is really a very important part of our training— to make sure that people do not fall into the trap of saying, “I don't see race,” because race sees you. And unless you are proactive in how you deal with people as they walk through the door, you're gonna probably make mistakes.Andy ShallalRick Ferri has worked for 35 years as a financial adviser and he is the host of the Bogleheads on Investing podcast. Mr. Ferri was a pioneer in low-fee investment advice and portfolio management using ETFs and index funds, he has authored 7 investment books and hundreds of articles published in Forbes, the Wall Street Journal, and several professional journals, and he is the former president of the John C Bogle Center for Financial Literacy.[John Bogle] was very determined. He believed in giving investors a fair shake on Wall Street. He believed that we should get our fair share of market returns. He believed that there was a conflict of interest in the investment industry between the people who owned the investment companies and the investors in those companies—the people who bought the mutual funds. And he said, "You cannot serve two masters."Rick FerriThat's our mission—to build a world of well-informed, capable, and empowered investors. And that's what the Bogle Center and the Bogleheads are all about.Rick FerriRobert Townsend, Jr. is the son of Robert Townsend, who was president of Avis Rent A Car from 1962 to 1965 and was the author of the best-selling and iconoclastic business manual Up the Organization: How to Stop the Corporation from Stifling People and Strangling Profits.[Robert Townsend, Sr.] was definitely iconically an iconoclast, but I don't think he saw himself that way. He didn't just believe in partnership. He saw that—and teamwork— were the only things to accomplish. So he found, just through serendipity or synchronicity, partners everywhere he looked.Robert Townsend, Jr.[Robert Townsend, Sr.] embarked on a new career of consulting…He would come back from consulting with somebody or other, finding out, “All they wanted was me to tell them they were doing it right. And nothing I said actually made any difference.”Robert Townsend, Jr.In Case You Haven't Heard with Francesco DeSantis1. The tide seems to finally be shifting in favor of a ceasefire in Gaza. Democracy Now! Reports “British Foreign Secretary David Cameron and German Foreign Minister Annalena Baerbock called for a ‘sustainable ceasefire' in a joint article in The Sunday Times. The pair said efforts should be focused on a two-state solution after the assault comes to an end. The U.K. and Germany had previously declined to call for a ceasefire and abstained from voting last week on the U.N. General Assembly's ceasefire resolution. Also on Sunday, French Foreign Minister Catherine Colonna called for an ‘immediate and durable truce' while meeting with her Israeli counterpart Eli Cohen in Tel Aviv, saying ‘too many civilians are being killed' in Gaza. This comes as U.S. Defense Secretary Lloyd Austin arrived in Israel earlier today, where he is expected to focus talks on transitioning to a ‘lower intensity' war.'”2. Many wonder why these countries are changing their position so abruptly. One explanation could be the efficacy of the Red Sea blockade enforced by the Yemeni Houthis. Thus far, five of the largest shipping firms in the world, including CMA CGM, Hapag-Lloyd, Maersk and MSC, along with Evergreen and BP, have “paused or suspended their services in the Red Sea,” due to Houthi attacks, per the Economist. Collectively, these firms represent over 60% of global shipping. In response, the United States has announced its intention to form a naval bloc to combat the Houthis, risking further escalation in the region.3. Haaretz reports that Al Jazeera is “preparing a legal file to send to the International Criminal Court (ICC) over what it called the ‘assassination' of one of its cameramen in Gaza.” The ICC complaint focuses on a cameraman, Samer Abu Daqqa, who was “killed by a drone strike on Friday [December 15th] while reporting on the earlier bombing of a school used as a shelter for displaced people in the southern Gaza Strip,” but will “also encompass recurrent attacks on the Network's crews working and operating in the occupied Palestinian territories and instances of incitement against them." The Committee to Protect Journalists reports at least 64 journalists and media workers have been killed in Gaza since October 7th.4. On Sunday, Pope Francis decried the murder of two Palestinian Christian women who had taken refuge in a church complex in Gaza, Reuters reports. The Pope mourned that "Unarmed civilians are the objects of bombings and shootings. And this happened even inside the Holy Family parish complex, where there are no terrorists, but families, children, people who are sick or disabled, nuns…Some would say 'It is war. It is terrorism.' Yes, it is war. It is terrorism."5. According to NBC Bay Area, “At least hundreds of union members rallied at Oakland City Hall Saturday to call for a ceasefire… The ‘Labor for Palestine' rally brought out members from 14 unions across the Bay Area [including longshore workers, teachers, electricians, and nurses]. In addition to the call for the cease-fire, a statement put out by organizers said it also wanted the U.S. to stop providing military aid to Israel and ‘an end to Israel's occupation.' Organizers also said the rally was the first such labor-led rally in the U.S. this year.”6. AP reports Tesla is recalling “nearly all vehicles sold in [the] US,”  following a two-year investigation by the National Highway Traffic Safety Administration, or NHTSA, regarding “a series of crashes [some deadly] that happened while the Autopilot partially automated driving system was in use.” Dillon Angulo, a driver who suffered brain trauma and broken bones in one such crash, said “This technology is not safe, we have to get it off the road…The government has to do something about it. We can't be experimenting like this.”7. Upon taking office, one of President Biden's stated foreign policy goals was to overturn Trump's designation of Cuba as a state sponsor of terror. Yet, according to the Intercept “in a private briefing last week on Capitol Hill, State Department official Eric Jacobstein stunned members of Congress by telling them that the department has not even begun the review process.” As the article notes, “The terror designation makes it difficult for Cubans to do international business, crushing an already fragile economy. The U.S. hard-line approach to Cuba has coincided with a surge in desperate migration, with Cubans now making up a substantial portion of the migrants arriving at the southern border. Nearly 425,000 Cubans have fled for the United States in fiscal years 2022 and 2023, shattering previous records. Instead of moving to stem the flow by focusing on root causes in Cuba, the Biden White House has been signaling support in recent days for Republican-backed border policies.”8. In Chile, voters have rejected a far-right proposed new constitution, per PBS. As the article notes, this vote “came more than a year after Chileans resoundingly rejected a proposed constitution written by a left-leaning convention and one that many characterized as one of the world's most progressive charters.” The new, right-wing draft was characterized as even more conservative than the Pinochet-era constitution it sought to replace as it would have “deepened free-market principles, reduced state intervention and might have limited some women's rights.” As ex-president Michele Bachelet, who campaigned against the new draft constitution said “I prefer something bad to something worse.”9. In Argentina, radical right-wing President Javier Milei has announced a crackdown on civil society, “calling on armed forces to break strikes, arrest protesters, ‘protect' children from families that bring them to demo[nstration]s, and form a new national registry of all agitating organisations,” per Progressive International's David Adler. While unsurprising, this clearly flies in the face of Milei's purported ‘anarcho-capitalist' principles.10. Finally, did Southwest Airlines cancel or significantly delay your flight during the holiday season last year? If so, you could be entitled to a $75 voucher as part of the Department of Transportation's record $140 million settlement with the airline, per the Hill. Under the settlement, which the Department of Transportation claims is the largest ever penalty against an airline for violating consumer protection laws, the airline is required to establish a $90 million compensation system to be used for passengers affected by “controllable cancellations and significant delays,” in addition to paying $35 million to the federal government. Last December's Southwest “meltdown” included “more than 16,900 flights…canceled or delayed…affect[ing] more than 2 million passengers around the holidays.”This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe