Today, we discuss the life of Daniel Kahneman, a pioneer in behavioral economics who challenged conventional economic thinking. His work reshaped how we view decision-making and market behavior. We also discuss investment strategies, touching on the idea of comparing assets using technical analysis to gauge opportunity costs. Understanding trends before diving into investments is key, as it helps investors make more informed decisions. Join us for another though provoking conversation as we discuss: Daniel Kahneman, father of behavioral economics, passed away at 90 How Kahneman's work chall ..read more

This week we interview Dave Foster, an expect on the tax benefits of 1031 exchanges and a Qualified Intermediary. We dive into the advantages of using 1031 exchanges and how it can enhance the returns of your real estate investments by savings on taxes. We'll discuss: • The pivotal moment when Dave's tax hiccup ignited his quest for 1031 exchanges, unveiling a whole new realm of investment possibilities. • The intricacies of the 1031 exchange journey, from property listing to reinvestment, within a tight timeframe. • The hidden treasures of 1031 exchanges: from tax deferral magic to the conti ..read more

Today we explore stock market expectations and how to affect your performance. Is your crystal ball a bit foggy? That uncertainty sends stock prices on a wild rollercoaster ride. Watch out for curveballs, like when interest rates and stocks go on totally different paths, making us rethink everything we thought we knew about investing. Bottom line... The market's a tricky beast, always keeping us on our toes! Today we discuss:  Volatility arises as the market reacts to unexpected news and adjusts stock prices accordingly. Lower-than-expected earnings can cause a stock's price to drop, re ..read more

Today's chat is a dive into the world of investing in EFTs, as we're joined by Bruce Bond, a seasoned expert who's been around the block in the industry. Bruce brings a wealth of experience, having started from the ground up, selling bonds and eventually venturing into the world of ETFs. From his early days at PowerShares to his current gig at Innovator Capital Management, Bruce has seen it all and has some fascinating stories to share. We'll be tracing Bruce's journey through the financial landscape, from the highs of launching innovative ETFs to the challenges of navigating market turbulenc ..read more

The market's going up and someone has to be to blame! This week we help you understanding the complex forces driving the market highs in 2024. We delve into the trends of the market and various forces at play, seeking to provide listeners with a deeper understanding of the market dynamics. In this episode, we discuss:  Fragility, resilience, and anti-fragility are concepts discussed and why they are important to your portfolio. Efficiency-focused systems can become fragile and vulnerable to unforeseen events. Fragility occurs when short-term risk elimination increases long-term vulnerab ..read more

Today, we're chatting with Jordan Berry, who went from being a pastor to striking gold investing in laundromats. His journey's a rollercoaster, from dreaming of Hawaii to diving into the world of laundry. Jordan shares the highs and lows, from snagging laundromats to facing unexpected hurdles. We'll talk about why he made the leap, the perks of laundromat life, and his tips for budding entrepreneurs. Plus, Jordan dishes on what's shaking up the laundry business and where it's headed. Get ready for a lively chat on thriving in the world of laundromat entrepreneurship with Jordan Berry! Today w ..read more

This week we navigate another week in the markets and the idea of a potential civil war and the stock market. This week in the markets we discuss Another eventful week in the markets, with little significant change. Why so quiet? Discussion revolves around the recent Fed meeting and its implications. Market analysts scrutinize minor adjustments in the Fed's statement for deeper meaning. Understanding market reactions is crucial for informed investment decisions. Market trends reflect the collective actions and sentiments of millions of investors. Investing strategies should consider how news ..read more

I'm thrilled to host Yossi Sheffi, a distinguished professor at MIT known for his expertise in supply chain dynamics. Today, we're diving into the disruptions experienced by supply chains during the pandemic. Professor Sheffi's insights will shed light on the root causes and strategies for resilience. Join us as we explore the impacts on global economies and industries, and uncover valuable insights for navigating future challenges. Yossi offers a unique perspective shaped by his role as a professor of engineering systems at MIT. We explore potential shifts in supply chain management and the ..read more

This week we discuss all sorts of great topics such as where to find great opportunities in an expensive market. Why everyone is bearish. And most important, why it pays to be a bull. This week, we're diving into the world of current stock market opportunities and where you can look for them. We'll be discussing where to find great opportunities despite the high market prices, exploring the reasons behind the prevailing bearish sentiment, and highlighting the benefits of maintaining an optimistic outlook, even during challenging times. Key Takeaways:  The stock market remains robust de ..read more

Something interesting happened in the market today... Join us to see what happened this week causing a rocket ship ride higher in many assets. crypto, gold, US stocks, international stocks, Japan, and more. Also we discuss the state of the union address, Stanley Druckenmiller, chart crimes and more. This is a fun week with lots of mini rants about the markets. We also take a listener comment tear it apart and show you why he is correct. "Cash is not trash... Cash is King"   - Kirk Chisholm Click to Tweet Subscribe & Download Never miss out on a new episode! Subscr ..read more