35 Burst results for "Blackstone"

Vegas Strip resort surprises 5,400 workers with $5K bonuses

AP News Radio

01:03 min | Last month

Vegas Strip resort surprises 5,400 workers with $5K bonuses

"On on on on the the the the day day day day U. U. U. U. S. S. S. S. commercial commercial commercial commercial casinos casinos casinos casinos posted posted posted posted their their their their best best best best month month month month ever ever ever ever a a a a hotel hotel hotel hotel and and and and casino casino casino casino in in in in Las Las Las Las Vegas Vegas Vegas Vegas shares shares shares shares some some some some of of of of the the the the wealth wealth wealth wealth commercial commercial commercial commercial casinos casinos casinos casinos in in in in the the the the U. U. U. U. S. S. S. S. made made made made five five five five point point point point three three three three billion billion billion billion dollars dollars dollars dollars in in in in March March March March and and and and they they they they posted posted posted posted their their their their two two two two best best best best quarters quarters quarters quarters ever ever ever ever fourth fourth fourth fourth quarter quarter quarter quarter last last last last year year year year first first first first quarter quarter quarter quarter this this this this year year year year at at at at the the the the cosmopolitan cosmopolitan cosmopolitan cosmopolitan hotel hotel hotel hotel and and and and casino casino casino casino in in in in Las Las Las Las Vegas Vegas Vegas Vegas president president president president and and and and CEO CEO CEO CEO bill bill bill bill McBeath McBeath McBeath McBeath made made made made it it it it rain rain rain rain five five five five thousand thousand thousand thousand dollars dollars dollars dollars cash cash cash cash for for for for each each each each of of of of some some some some five five five five thousand thousand thousand thousand workers workers workers workers everyone everyone everyone the the the employee employee employee Jessica Jessica Jessica Reagan Reagan Reagan just just just to to to see see see everyone's everyone's everyone's reaction reaction reaction when when when the the the big big big announcement announcement announcement in in in the the the cosmopolitan cosmopolitan cosmopolitan Most Most Most Valuable Valuable Valuable Player Player Player award award award was was was given given given to to to everybody everybody everybody while while while the the the tab tab tab for for for the the the management management management more more more than than than twenty twenty twenty seven seven seven million million million dollars dollars dollars the the the resort's resort's resort's owner owner owner New New New York York York private private private equity equity equity firm firm firm Blackstone Blackstone Blackstone expects expects expects to to to wrap wrap wrap up up up its its its sale sale sale of of of the the the three three three thousand thousand thousand room room room property property property to to to MGM MGM MGM resorts resorts resorts international international international in in in the the the next next next couple couple couple of of of weeks weeks weeks for for for one one one point point point six six six billion billion billion dollars dollars dollars I'm I'm I'm timid timid timid wire wire wire

Casino Casino Casino Casino Las Las Las Las Vegas Vegas Vegas U. U. U. U. S. S. S. S. Casinos Casinos Cosmopolitan Cosmopolitan Cosm Ceo Ceo Ceo Ceo Bill Bill Bill Vegas Jessica Jessica Jessica Reagan New New New York York York Blackstone Blackstone Blacksto Mgm Mgm MGM
The Elect at Princeton University Decide That Ballet Is Racist

Dennis Prager Podcasts

01:19 min | 5 months ago

The Elect at Princeton University Decide That Ballet Is Racist

"Ballet is rooted in white supremacy and perfectionism. We are all entering this space with a mindset that what we see as perfect is a white standard. There you go Blackstone half standards of perfectionism. There you go. You wouldn't know if I told you, is this written by the Princeton ballet company or is it written by members of the Ku Klux Klan? It's really something, isn't it? So your kids are not only given an inferior education, taught to obey experts and not think for themselves. Come out hating the United States. They also come out with pure racist views. Unlearning that will be difficult, but rewarding before we begin detailing our action plan, we want to acknowledge that our leadership and those whose composed this plan are all white. This is a new thing from the educated morons of our society. Given by teachers who are a disgrace to their profession, from kindergarten through college through university, graduate school, in most cases, not all.

Princeton Ballet Company Blackstone United States
Sir William Blackstone's Case for Self-Defense Holds True Nearly 300 Years Later

The Charlie Kirk Show

02:03 min | 8 months ago

Sir William Blackstone's Case for Self-Defense Holds True Nearly 300 Years Later

"William Blackstone from 1723 to 1780 said the following. Self defense is justly called the primary law of nature. So it is not neither can it be, in fact, ever taken away by the laws of society. William Blackstone, the architect of the western justice system. Said that self defense is justly called the primary law of nature. Think about the significance of what he's saying there. But if you're not able to defend yourself against an aggressor, then you are violating at the core, the social contract of your existence in the laws of nature and nature's God. Now Blackstone meant this both for people like Kyle rittenhouse and Brett Kavanaugh. You see black stone was not just saying that you should be able to defend yourself against the child rapist who wants to kill you, like Kyle rittenhouse, but also against people like Christine balls a Ford, who decide to come out and say, you know. I think you did something bad to me. And Brett Kavanaugh's should be able to say, that's not true. Blackstone understood that an aggressor going after an innocent that the innocent has a moral and biblical obligation to defend oneself. And that's really what's on trial here, isn't it? It's not just that Kyle rittenhouse, according to the activist media, should not have been able to defend himself in the street. It's not that just Kyle rittenhouse should not be able to defend himself against rosenbaum or whatever that freakazoid is. No, no, no. It's that Kyle rittenhouse should not even be able to defend himself in court.

Kyle Rittenhouse William Blackstone Brett Kavanaugh Blackstone Christine Balls Ford Rosenbaum
"blackstone" Discussed on Ground Zero Media

Ground Zero Media

07:40 min | 11 months ago

"blackstone" Discussed on Ground Zero Media

"Ground zero show. I'm clyde lewis. And this is brown. Zero numbers call tonight. Five zero three two five zero eight sixty five zero three two five zero eight sixty. Thank you for tuning it tonight. Radio stations across the country. Here this program. We're on the air from sembene ten pm monday through friday beijing will get the whole show they preempt some pieces for sports or some other thing. You can always listen to us on aftermath dot. Fm advent dot fm is our online affiliate along with talks live dot com that links into several radio stations across the country to get the word out about the show. You can link up any way you can. Also if you listen to the shows and more convenient time we do have available in podcast form and they are on aftermath dot media you aftermath dot media and sign up for our monthly or yearly special which seventy nine dollars a month ten and also get the family package Friends and family package one hundred thirty nine a year where you not only get your Subscription you get three other subscriptions as well. And that's a great deal to basically participate in our digital playgrounds little haven hideaway. Private club on. Only what are you going to. College is something that we've devised so that you have a social media network where you can speak freely. You have a twitter network or sort of a network with like that. Nagra gator of news. You have libraries and all kinds of other things videos places you can hang out with other people who think like you talk like you act like you. Don't wanna be hurt. It's it's it's one of those things that you know. There's so many things going on now where they want to silence people who want to debate who to talk about the issues without you know getting into shutdowns facebook jail all that stuff and so go to aftermath dot media and sign up aftermath dot media helps the show out really it does keep us lit and we're so happy to be able to bring you the show every night Without fail these we try to. I mean there are things that come up and we may have take time off but in the meantime we do our best to be here every night to give you a sort of a different view of how things are you know some things at the same. There are a lot of different things that happen in the world that You know have an esoteric or a call. A fringe analytical view. And so we attempt to do that here grounds here you know. There was an article that i saw in the new york. Post that featured an interview with arnold schwarzenegger and the headline said. Screw your freedom. I couldn't believe it. Screw your freedom headline said. Screw your freedom interview with former national security council stafford and cnn. And arnold schwarzenegger august tenth. Twenty twenty one arm schwarzenegger saying screw your freedom. He was the former governor of california. Screw your freedom you know. Arnold was never know noted for his subtlety and a lot of people that can get away with stuff because he is the governator but look when he starts railing against people who don't wear masks schmucks and then saying there's a violence year accused people and the only way we prevented his getting vaccinated. Get masks. I don't think i'll do this it. It's it's kind of fun to do. Arnold by i am done them in a while. Some a little rusty of anyway do social distancing getting the chopper. Anyway do social distancing washing your hands all the time and not just to think about well. My freedom is being kind of disturbed here. no screw. let's let arnold san just so you can see that he did say there's still people in denial says they'll be able to dump believe in mast. There's be about the disabled. We don't have to lose social distancing in all this kind of stuff as misinformation out there in my point of it was basically look. There's no one that knows. More about the buys than i do because i studied as issue for fifty years and the same is also with the virus that people out that expert that senate is the year of the year and today experienced like the Over for his entire life. I mean why would you not believe someone like that. So there's so. Many other scientists out there in experts in the subject. So i believe them that. Follow them very carefully and of course sometimes things are happening the unexpected so then you have to make the adjustments in order. I think people should know. There's a virus. It kills people in the only way prevented his get vaccinated Masked the social distancing what she hands all the time and not just think about what might freedom is being kind of disturbed here. No screw your freedom because with freedom comes up negations and and had responsibilities. Yes i agree. Freedom comes with obligations and responsibilities. But saying screw your freedom. Screw your freedom you know. That's been the prevailing attitude of almost every government the world for most of the last twenty twenty months. Screw your freedom. They say but they haven't been so direct about it. They kind of been going out of their way to put you in that. I mean you can question the wisdom of putting. Screw your freedom and headline in america where you're likely to alienate a lot of people by talking that way especially what you say it with an australian accent you know i. It certainly sounds very harsh to some people. It sounds like it's coming from a nazi right. Whatever i look i. It's no longer a matter of help. Obviously it's a. It's a political thing. And all this has all the markings in makings of occult. Obsessed with death and gina type segregation. It's what it is now. Oh and i heard the term waning immunity today. Oh first time. I heard i heard it on. Cnn waning immunity finally has Maybe people have heard it before that you know i. I tend to keep my ears open for things that we say on this show before they happen and so waning. Immunity is now being used for the boosters which of course now get another confusing statement from the president that people want the people they want people to get the booster shots and the cdc says whoa hold on hold up. We don't need to do that right. We don't know if it's needed of course by says. Oh it's needed. Yeah yeah ka ching. Ka ching ka. Ching they're making money off of all this stuff Twitter has been going off the rails with propaganda again. Doesn't make any sense. Someone re tweeted an article from the hill today that said a man died from cova despite being fully vaccinated but it could have been worse if he had been vaccinated unvaccinated. Let's try that again. This is what it says. A man died from cova despite being fully vaccinated but it could have been worse if he had been unvaccinated. I'm i'm still trying to figure that sentence out. A man died from cova despite being fully vaccinated but he could have been worse. If he'd been unpack okay so it would have been worth. It would have been worse if he was unvaccinated. Right i mean the guy died. The guy died despite being fully vaccinated. He died could've been worse if you'd been unvaccinated so he would have died worse if he was unvaccinated that he died see. This is so bad the vaccine is become obviously some religious right for people i mean. It's like some baptism where you're only saved. If your dna is part of the gino type they wish to push so this guy had died from you know despite being fully vaccinated he died but he could have been worse if he was on vaccinate. What's worse than dying suffering. A.

clyde lewis arnold schwarzenegger arnold san Arnold Private club beijing national security council Cnn schwarzenegger brown Twitter stafford facebook cova new york california senate america Ching
Sunset Studios to Spend Almost $1 Billion on New U.K. Film Studio

AM Tampa Bay

00:25 sec | 11 months ago

Sunset Studios to Spend Almost $1 Billion on New U.K. Film Studio

"Ramped up demand for original content, boosting the need for production facilities. Now the investment firm Blackstone is teaming up with Los Angeles. Space studio operator Hudson Pacific to build a film studio north of London. The two companies will spend $974 million to build a new studio in an expansion of the Piers Sunset Studio business whose Hollywood lots have been host of films including LA LA Land

Hudson Pacific Blackstone Los Angeles Piers Sunset Studio London Hollywood La La Land
"blackstone" Discussed on Recode Decode

Recode Decode

06:36 min | 1 year ago

"blackstone" Discussed on Recode Decode

"Started your marketing push in tv infomercials but i hear some of the keywords using direct to consumer social influencers a. lot of the ceo's. I talked to in a show. That's their whole business. Their consumer. they don't want amazon relationship. They don't want a walmart relationship. They certainly don't want to do tv advertising. They're all doing content marketing. You're you're doing both why. Why both why deal with the big retailers when you have now product that is doing well and word of mouth you have a big social operation. Why pay the fees to all the retailers out there. Why do the traditional kinds of deals our industry and our category is is still mainly sold a brick and mortar retail outdoor cooking. And i suspect maybe over time. That trend will flip like a lot of other trends have flipped but but right now a high majority of our product. And that's true for me. That is true for weber. For all outdoor cooking products is sold at brick and mortar retail. There are few companies out there who only have a direct to consumer model but they're smaller businesses in in this category so we're going to continue to support our retailers and drive our customer to their locations to pick the product up by our boxes were big and heavy. They're difficult to ship. Some of the items are difficult to assemble and a lot of retailers. Offer those services delivery setup and take all the packaging away so that's a big advantage for them but we are. We are definitely seeing. And i think this part was helped by the pandemic where the direct to the consumer business is picking up in our industry. Do you have the same conflicted relationship with amazon that we hear from so many small companies. Your product starts to sell well on amazon and twenty minutes. Later there's an amazon basics griddle outranking you in search every opportunity amazon is definitely challenging but again it's a relationship that i really like and it's one that i need to develop further quite frankly so that we avoid some of those issues. Hardest thing for me about amazon is is everybody can sell anything. They want an amazon. As where a retailer once you you know. Brick and mortar retailer. Once you've gained selection with your product line at added takeaway on an annualized basis but with amazon a competitor can pop up twenty four seven. And they do so to me. That's probably the biggest challenge with amazon is just dealing with all the knockoff. Guys that just flourish on amazon. They watch us like a hawk and they watch other consumer products and they're very creative and they come up fast in the they they a lot of them Violate our patents. And we have a hard time even running some of these small companies down because they just don't exist someplace so that's definitely a challenge with amazon. But it's you know every retailer has its challenge and you just have to deal with it and figure it out. Do you think it was on his responsive enough to cure stuff. That's a direct. Knockoff of our patented products are helpful. I would like to be a little more aggressive. But i'd like everybody to be a little bit more aggressive passionate about my parents and they're like you know. Have your attorney call and we'll figure it out but you mentioned that. In the beginning of all this was your. You had a background in marketing to retail. You have all these relationships. I'm assuming that your relationships with some of the traditional retailers or maybe a little bit more personal direct than amazon where the common complaint is a black box. And i can't get anybody on the phone. What is that dynamic like. We actually have a pretty good relationship with amazon management and they turn frequently you know in categories. You mean. The people turn over in the categories. Yeah yeah they'll get promoted or move onto the next category. I think it's maybe part of their development for their merchandising team and their employees in general but right now we have good relationships with management at amazon. That i'm actually quite happy about. Do you see that social marketing effort generating a bigger return than the traditional marketing efforts. It's flipping to that right now. I was counseled by a lot of people not to do traditional tv marketing and advertising. But i believed in it and i think it really helped our brand initially when we started it but just this last year really. Maybe the last eighteen months were starting to flip our ad budget. Spend more to social marketing. So i see that trend for us headed definitely in that direction but every industry is a little bit different in every category of products. A little bit different. How it reacts to the social marketing versus traditional tv spanned. I came across blackstone as a product of the social marketing and influence marketing. Not as a product of tallish marketing. The phrase. it really tipped me off. Was i saw take talk in. Caption was i finally got a blackstone and i was like i heard about this thing twenty five minutes ago and now there's a community that's like i finally got there's a really active sub. Read it of people who get the product and they just post a picture of it and everyone congratulates them like. You finally made the jump over to this category of product and that feels very digital to me very modern in all of the companies are doing that are very focused on direct to consumer businesses. The classic example. I use is the toothbrush. Companies are like. Here's the one toothbrush. You'll need for the rest of your life and then they're gonna go by a million podcast ads. Instagram spots and whatever and listeners. Would now that. I'm a sucker for every instagram at. So they work on me. At least you've got a huge product. He said it's heavy. It's big and then you've got different models in every different store because that's presumably. What the retailers are demanding of you so walmart has different models than lows has different models and home depot has different models ace hardware. That seems like a lot of complexity to manage. And i'm wondering if that cost is worth dance. Larry benefits that you might see or if simplifying and saying we're going all in untracked consumer which is would say what a lot of the newer company. Ceo come on the show. Tell me is the future. You've just got a different answers from wondering where you see that split. Well as far as diversifying our product line and selling those different product lines to different retail customers. That's definitely part of our distribution.

amazon walmart weber blackstone Larry
"blackstone" Discussed on Recode Decode

Recode Decode

06:22 min | 1 year ago

"blackstone" Discussed on Recode Decode

"Really drives all of these things. And so that's my return on. My investment is my total sales for the company is really the way i look at it. Do you take products feedback from social media from comments music groups. Is that integrated into the way that you think. Twenty four seven absolutely. I mean we see to velopment on social media. Our customers get to what they need for blackstone. Sometimes before we do. We're catching up. Because i've i've heard a lot of people into product development and we're catching up and getting ahead but there's a lot of creative people in this country and they'll buy a product and tweak it make it better and come up with a cool idea. It's awesome and so yeah. We watch social media a lot. What's an idea that you've taken from the user community. Even a great into the product basting dome was one that comes right to mind. A lot of people would go out and buy a cheap aluminum cake pan. If you will use it as a facing dome we knew that we needed that product but the users got to first different spatulas. Some of them have quite a bit of flexibility in them. Some of them are quite stiff. Chefs use those for different reasons. That's very disciplined one of the things that the users came out with his. When you're done cooking on a grill you don't want to leave it. Exposed to the elements in we sell soft covers. Fabric covers the cover them but rain can eventually leaked through and and moisture can get through so our user started just bending sheet metal and making led to go on top of the griddle after use we refer to him as a hardcover. That was another one that really came from our users that we watched on social media. How does that dynamic work is it. You is it warm is it someone slacks you as the coo and says hey look at this youtube video. We've we've got to get on this a little bit. But what's interesting is of the. The employees here are great researchers forest and doesn't matter if they're in accounting or in customer service but our warehouse staff our accounting staff are obviously product development. Staff ourselves teams. Everybody gathers information. We're all really really passionate about our brandon about our product line and so we're always got two hundred people always looking online at our competitors the industry cooking what's cool. What's motivating us. We all look at it all the time. One of the big trends in the industry right now is consolidation across every category. I can think of have the weber's triggers the world. Come to you and said hey we want to acquire blocks down in give you a lot of money and let egress again. We definitely have been noticed by the investment community. Venture capitalists call quite frequently lots of different groups of called quite frequently. I can think of one. Vce who tweets about his blackstone like three times a week. I might know him. he's probably called me. Yeah we've definitely had conversations with folks in the past but As far as what's what's in our future. I i know what motivates me and. I know that i'm gonna stick around and keep in. Keep doing this for a number of years. i'm i. I have no desire to retire or take a pile of cash sat on a beach someplace. That's about the most boring thing i could think of. Do you have investors right now. No so you're entirely bootstrap that you're putting cash into it until you grew into a sustainable company. That's all that's all money that was coming from your other ventures from you from me and i do have a partner. I have my manufacturing. China is actually my partner. Their taiwanese and so we have a great partnership. It's worked really really well. And they've helped a lot with the financing of the growth so right along the same lines can't help it noticed weber which is privately. Held right now filed for an peo- earlier this week i think last week traeger filed for an ipo. Are you headed in that direction. Do you wanna run a public company. I don't know the answer to that question right now. We've definitely had conversations about that. As a possibility it exists as a possibility is probably how state that as of today. You don't have investors so you do you feel any pressure to that or is that just how charisma capital to bill. Whatever product no. I don't i don't have any pressure in that direction. A my chinese partners taiwanese partners. It's a father and son team and dad is about seventy five years old. He is ready to retire and his son. Who is who. I work with on a daily basis as early forties and he has no desire to retire. Wants to keep going together with me. But dad wants to retire southers conversations about how do we let dad take his chips off the table. Let him retire financially. So we're having those conversations right now. There's a lot of options on how we can accomplish that and we're exploring those options house. We speak one of the more direct ways. Companies that grows to expand markets. Are you in all the markets you want. Do you want to fully international. We'll definitely go international. I just don't have the bandwidth right now to get us where we have customers. Call us all the time. From foreign countries we are expanding right now into the middle east which is interesting but they have a lot of similarities with big family groups and family gatherings cooking as an event. So we'll expand their across the border into mexico. We have a lot of demand for our product there because again a blackstone fits an ethnic style of food. It's really one of the cool things about our product is we are so diverse in our in our demographic we are doing okay in canada we need to expand their in fact. We just hired a international sales manager. I one in the company this week so within a year within two years within five years i expect us to have a pretty nice presence. Worldwide looking for science that the us economy is rebounding from the pandemic then look no further than american manufacturing which recently set a record for new orders but surging demand is also exposed challenges including a record number of open jobs and piling back laws a new series on the optimistic.

blackstone weber traeger brandon southers youtube China middle east mexico canada us
"blackstone" Discussed on Recode Decode

Recode Decode

07:23 min | 1 year ago

"blackstone" Discussed on Recode Decode

"Blackstone product that his gone viral on youtube and talk. Your company is pretty young. It's not been around for a long time. Give people a sense of what blackstone products is and what the blackstone griddle is. We refer to ourselves as an outdoor cooking appliance company. We specialize in making only griddles which flattop grill. Some people. call them flat tops. We market and sell our products through. Us based retailers walmart lowe's depot dick sporting goods. We have a wide variety of customers that we sell to a little bit direct to the consumer on our own website and direct to the consumer through a lot of those other retailers websites. An amazon i was doing some research black before he came on found. Some of your patents. You're listed is the inventor of a lot of different elements the western grennell. Tell me how that went. Were you in the garage. Hammering griddle tops. You know like this is a product of the light bulb. Go off the heavens opened. Give me a sense of start to finish here. Really got inspired with the idea. Years ago even as a young boy of first time i saw flattop grill. Being used was with my dad in every year he would take me to the local lions club fourth of july breakfast that they cooked on homemade. I guess you could call them. Griddles and these were big pieces of steel. That guys figured out how to put fire underneath that heated up and cook breakfast on. And i always thought that was neat and then as i got older in my local community i noticed that for large family gatherings for boy scout events Just family parties people who wanted to cook breakfast. Somehow they were getting these big griddles and they weren't commercial ones coming out of restaurants. They were mainly homemade or just made it some welding shop later in life as i got into my career and started doing what i'm doing. I again was intrigued by grills. But you couldn't go to a store anywhere and biennium and so in the back of my mind. I always had this idea. Somebody needs to make griddle that you can go buy at the store so you can cook breakfast on it. And that's really what got me started with it. Did you make the first prototype at home. Did you hire designers. How did that process combat. Well the first one that i made was on a yellow notepad with a ruler and my pencil and i kinda sketched it out and got it as big as i wanted it to be thirty. Six inches seemed to be a really nice sized by twenty inches. Deep at the time. I had started my own business in marketing products to retailers. And we were always trying to come up with new ideas were. I'm a habitual entrepreneur if you will and so we're always coming up with ideas and i had this little in the back of my mind so i drew it up on a piece of paper. The time i had a guy working for me who traveled to china and did our sourcing for us on other product lines. I said gore there and finally a factory. That could build this thing for me. Explain what i want and it took about a year of sourcing good factory and finding the right one and prototypes going back and forth. And at the time. I didn't have any insight engineering so i was relying on my factories in china to get that done and a year later we finally had the first griddle. What year is that. That is probably going back to about two thousand. Three two thousand five and one's your first one going sale. The first ones that we sold was to a local retailer in salt lake city in utah called sportsman's warehouse at the time they had about seventy five stores and they're kind of hunting camping outdoor type company so it seems that it would fit for them because it is somewhat portable and a little bit easier to move around and a traditional gas grill so we figured people could take it to camp or boy scouts or or things like that and they're the first customer to buy it and that was two thousand six so this is a part of a story. I don't know if you watch as many music documentaries. As i do but i watch a lot of them. And there's a part of the story is always missed and we're right at it with you right now. Where band is like. We formed a band and then we wrote a song and they're like and then we were on tour and we were the biggest pain in the world and that app to is always missing so i want to explore that with you a little bit. See make your first product. You're selling it locally. Two thousand five thousand six. It's twenty twenty one and you have a massive product line. You have different products on kinds of different stores your viral on tick-tock which is hilarious to me. What happened in the middle. There was it just a slow build. Was it the product went viral tick-tock during the pandemic and then exploded. Give me a sense of that. Run up at the time. I was running other businesses. That i was involved with and i i like to call that timeframe an incubation period for blackstone. I knew it was a great product. There no question in my mind. This is an item that needs to be a retail. The other thing. That was unique for me is it was the first chance i had to really create a brand because all the products i was doing at that time were private label or celebrity endorsed or somebody else's brand and we were just selling him to retailers. Because i had a lot of strength in that area and good relationships but blackstone was always there and it took a while for it to really catch on bright because people who cook food outside traditionally think that your steak has two zero lines on it for it tastes good so we had to fight that perception number two. No one had ever heard of blackstone in a lot of people still haven't heard of blackstone so building. Our brand was important. We were cooking different way. That was different and that took time for the customer to perceive that even though everybody walks up to a griddle and goes. Oh that's cool. I've never seen that before working. I get one so a lot of those things were happening. As we just kind of incubated along the other thing that was really challenging as who was going to sell this product or did it fit. I would show up at retailers. Where i thought it would make a lot of sense like some of the hardware channels and they'd look at it and say that looks too much like a sporting goods product and we don't have sporting goods in our chain so we can't sell that. It's not a traditional gas grill. So i would go to sporting goods retailers. Say that's too big for us. It won't fit on the shelf. Need to show that to lawn and garden buyers and i'd go to lawn and garden buyers and they'd say oh that looks like sporting goods so it's kind of like a kid getting tossed back and forth between mom and dad. No one giving him an answer. So that's really what happened in the middle there and it really took time to get it out in front of the consumer and make them aware number one of this style of cooking and number two our brand in it wasn't really a pandemic that did that or tick talk. It was really we started doing. Tv advertising. i'd spent some time in the infomercial world and had a few of those stripes on my back from learning hard lessons so i brought in some people who knew a lot about tv advertising and marketing. And i said. I'm going to spend money on tv. I don't care if i lose money. I want to advertise my brand. I want to advertise our style of cooking. And i didn't even have to this day. We don't even have.

blackstone walmart lowe Blackstone lions club china grills youtube amazon gore salt lake city utah Us
"blackstone" Discussed on Recode Decode

Recode Decode

02:36 min | 1 year ago

"blackstone" Discussed on Recode Decode

"It and it turns out the blackstone story is deeply connected to almost all the females that come up on decoder every week. The ceo of blackstone products is named roger dali. he's a longtime entrepreneur based in logan utah who sketched up the idea for an outdoor grill in his spare time he's inventor his name is on the patents. He founded manufacturing partner in china and they started selling the first griddles in local hardware stores in the early two thousands. And just like any other start-up. He spent years trying to find product market fit and as things off they had to make decisions about selling direct to consumer or going through traditional retail channels about working with amazon all the rest and just like any other startup we talked about blackstone ability to generate recurring revenue. And how the griddle itself is a platform for a variety of additional products and services. Some of which might be made by competitors inbox has been competitors in weber accused. Dr and all the rest so we talked about competition and branding and customer loyalty and going up against the biggest players in space. You know decoder stuff. Of course we also talked about social media and the creator economy. Blackstone has a dedicated social media marketing staff. They run a lot of facebook ads. Of course but the company also employees on staff influencers to run its youtube in tick-tock accounts and it makes cooking. Tv shows that it distributes on its own roku fire tv apps. This is a full on dedicated media. Operation in the middle of an outdoor cooking company and while the investment looks big. You'd be surprised. Roger told me that old fashioned. Tv advertising is still where the company sees the best return. Although that's changing. I kinda surprised. It's because i thought we were going to do like a fun silly summer episode about grilling and roger and i ended up going deep on some of the things that come on the show week after week. Roger things. Climate change regulation might impact propane products so blackston developed to electric griddles. And that means the company is now affected by the chip shortage. Keeps saying in our production meetings at every company is a tech company and this conversation is like the ultimate proof seriously. It might be one of my favorite episodes roger. Ceo co blackstone products. Carry go roger dally. You're the ceo of blackstone products. We'll continue decoder. thank you. It's it's.

blackstone products roger dali logan blackstone utah weber Blackstone amazon china Roger youtube facebook roger roger dally
"blackstone" Discussed on John Bartolo Show

John Bartolo Show

05:59 min | 1 year ago

"blackstone" Discussed on John Bartolo Show

"Very passionate about the chemistry and pharmacology part anyway and then i would have out piggyback blackstone products into into a lot of the natural thing that might be the future work owes because there hasn't been a brick and mortar store that's evolved national like. I think that's the way it goes. You just go in you. Get your blood work. You need this. That's over the county. You need that. That isn't that's how it's going to be. They have very very now. You're gonna pay a little bit more but they're very very thorough thorough blood panels. Now that can even tell you if you're low and omega threes. I mean they can. They can test for everything now. And then you know when you see these things. That aren't working the right way. You can supplement them in and then you can actually see the progress on your next bloodwork. And i've seen it happen with my cholesterol before. Where i had very my total. Cholesterol itself was low but my ratio my ratio. Hdl ldl was like five to one. Because i was that. Like let's say i had like one hundred and then twenty right so they're like you know you're not. You're not making enough of the good cholesterol for your body to work the way that you needed to. So i was like all right. Well you know. What i'm gonna do. Is i'm going to supplement with some different fish oil products and i'm going to take some ubiquitous and making those changes. I believe it was about three months later. I went gave it a little bit time. Went back in. I checked it out. And i had even things out a lot better and really with those numbers you know. I've gotten so deep into the charts with a lot of people don't even realize what they're supposed to be looking at but you're you're ratio. I spoke to a cardiologist. The radio the ratio of of of excuse me of cholesterol three two one is perfect right so some people get all freaked out..

blackstone
"blackstone" Discussed on John Bartolo Show

John Bartolo Show

05:21 min | 1 year ago

"blackstone" Discussed on John Bartolo Show

"Wound up not doing it for a couple more years And you see some of these girls like even the ones that don't even compete like the girl. Vivian winkler that's got like six million dollars. Whatever and then just have these ridiculous you know round butts and big legs like guys love that look. Women want to attain like all women these days like i make girls gym all the time. They're like i'm on my fourth booty day this week. You know what i mean. And so that division now has gotten my attention the most where the inaugural wellness division of the pittsburgh. Which is the president show. He actually reached out to me was like i know you love wellness so much. How'd you like to be the title sponsor love you know an our role wellness so i actually got to be the title sponsor. Of course i got frigging cova when that went down. I didn't get to go there and hand out the trophies but like those girls those are going to be the girls that you go see battle it out at the olympia this year and now it's all you know it's it's it's growing really fast and it's exciting. Yeah it's the women's divisions are loaded this just you the outpouring of what you see come in and compete is pretty crazy. So it's evolved a ton now blackstone you know came out with some revolutionary products. I want to get to that. Because i've enjoyed a ton of them and we were talking earlier about the fucking dynamite in an ultimate orange and everything else but you guys piggybacked off of that and came out with so many different innovations. That were unique. I i was a taker in a believer. Like log of all the different points in asia. I know you did a post the other day about it. I was looking at it. And i was like you know. Think of all the things. It's almost like they become your babies. Yeah like log has the product that i'm most proud of by far by far and i even even like through through two thousand nineteen into two thousand twenty one. I was really sick. I still never stopped taking my log and it requires more education for people to understand. Why if they get. Also you can't make medical claims you gotta be very careful about how how you market things but the reason that we developed like log was. I had a kid named the gorilla chemists working for me and it was brilliant. And i had i had a product formula. Nineteen that was. I was using it when i was competing. All of the big guys. We're taking fast acting insulin. When we were competing and we were load ourselves up with things like carbon post workouts. All the glycogen right. So i said he said to me one day he was. What do you think changed bodybuilding. The most was it like the g. H what i was like. Honestly it was. It was the insulin and the weightings insulin. I'm like because when i used insulin. I got myself from equality to sixty two equality tweety and you learn to do it the right way with fast acting insulin where you're maximizing the luggage and loading. You are getting better pumps..

Vivian winkler cova pittsburgh olympia blackstone asia
"blackstone" Discussed on John Bartolo Show

John Bartolo Show

03:24 min | 1 year ago

"blackstone" Discussed on John Bartolo Show

"Because i don't even know if we talked about this this this past six months year so was a really like hard time for me. First of all. I was sick with an autoimmune disease. We don't need to get into that right now. But i i saw so many changes in blackstone lambs and and there was a guy that was essentially like my partner running the show with me and he finally just broke down everything from the case and everything else. Who's like man. I'm just not happy anymore. Man it's just so it's so depressing being here and it's a stressful tar. And he was like. I'm getting really really depressed and i was like you know like i love the guy who was like my brother so i wanted him to work on his mental health. And i was like you know that this is what they want. You know like. You're you're letting them win. I'm like i won't let them. When i go some days i wake up and i'm like man i fucking hate my life now but i believe that i'm gonna win and i'm not going to back down in this. Like the fight is part of the journey right like there's always often. There's always going to be the fighting and it doesn't matter insert whatever enemy you want. There's always going to be the fight so you kind of have to take a little. You have to like that. You have to get up and you have to. Sometimes i say this all the time and it's not directed the situation but it speaks to it. You have to love being hated as much as being low. You almost have to love it more and we talked about this on my last podcast. I talked about. I'm tired of apologizing for the things that we celebrated michael jordan for right and i watched everyone that watches series. That's that's like us cried after after every episode and he was just a greatest winner of all time because he wouldn't accept anything less than fucking perfection..

autoimmune disease michael jordan
"blackstone" Discussed on John Bartolo Show

John Bartolo Show

04:29 min | 1 year ago

"blackstone" Discussed on John Bartolo Show

"You'll bite somebody's fucking ankles you don't care and there's a right way in a wrong way to to do business and i think i i've never known an athlete to have a quote unquote bad break up with you know everybody. Everybody's listen. there's one one. But it's i've i've heard a lot of you know. There's a lot of stories about different brands. But i think yours has held the test of time. And i think you've done a phenomenal job with it i Yeah well i mean a lot of our athletes have been with us for five years six years since the very beginning. And so my tagline all jeers always been loyalty is everything and anyone that comes blackstone. They always say. Listen if you if you're loyal to pj he's not gonna ask for a tremendous amount of stuff. Just just make your posts do your job and he'll go out of his way to take care of you and help you build your career and really. I love seeing the people that have been with me for a few years. Decide like hamid to go. Start my own company assefa. Rosie was one of them and south blew up and you know when when when we reached out to south he. I competed with south and he was so good right. And i was like man. You gotta get. I know that you like black domes products. Why don't you come out. We're starting this new your own line. While i said we're we're we're coming out of this new company prime. Why don't you come be one of the faces of that will all the blackstone stuff and we'll kick ass together and we had an amazing year. Everyone loved him and then going into the second year he came to me and he was like listen. I had a company that offered me ten grand month and said what we gotta do to get you to leave blackstone lens and i told him straight up i go..

blackstone hamid Rosie
"blackstone" Discussed on John Bartolo Show

John Bartolo Show

04:48 min | 1 year ago

"blackstone" Discussed on John Bartolo Show

"To me that caught my eye. Everybody was talking about it like all my younger friends that the first time they were ever at the olympia vegas to like she. Those girls in the red line booth see now. It's funny about jack's arc. Is you know he's upgraded now. He has like real dances row. Now he's he's really and he's given goal he's awesome so to me. I get a lot of flack for people being like. Oh you guys pushed x. Too much. But i when i was a kid. Oh i think they're way heavier than you when when i was a kid bank compared to black. Yeah i would. I would notch bang-up. Click it just you know. When i was a kid right it would be a picture of like jay cutler on the beach with like seven beautiful girls feeney's like grabbing his legs and arms would four purses jay. We d love. Jay so i always felt like as a young man. I enjoyed seeing that right. So then you had. The complete opposite side was like the universal nutrition side which always showed like the poor bodybuilder living in the dungeon like you know. My life sucks but doesn't matter. I'm a bodybuilder. I hated that. Martin fulltime bodybuilding marketing like. There's there's a lot of positive that can come from the mindset. You get from bodybuilding. The push yourself are so with our booths. We turned it into like party time at the blackstone booth. Like you're gonna come. You're going to see the coolest group of people cool ass athletes. They're gonna wanna talk to you mixed up with you. You're going to see some jack guys. You're going to see some dudes blow shit up. You're going to see some girls the biggest boobs you've ever seen and you're going to have a fun time. And that's that's how i always wanted to have. I wanted to have a party at the booth. otherwise it's just boring now. Running supplement company isn't easy and a lot of people don't under don't understand you know you're juggling chainsaws flaming chainsaws literally. Because you have all these going on. If you're not promoting your you're selling or you're trying to build bill deals and it's a lot of work it's never ending and what you built being a new england guy being you know somebody that really you know took all that energy that you were at one. Point putting into bodybuilding and into the business side of it and at the same time realizing not a lot of people can do this. A few people in bodybuilding history. That i've ever seen to this be understand. Hey you know what. I might not go this far in the sport. But i'm going to transition and do this the only person i could compare it to is Is what's his face that. Mc's the events thing now who's got a fucking crazy story Who sees the events was joe. Bob ciccarelli bob check. Yeah so bob check you know the story. He had the chance to compete in olympia and he turned it down while he he. He didn't give up getting his pro card until he was forty. Who finally cut. He knew he was never you know. So he transitioned and he became the voice of body mill. Essentially show for me like when i was young. My parents knew that. I was so into this right and i was like. I made the decision that i was gonna leave..

olympia vegas blackstone booth feeney jay cutler jack jay Jay Martin Bob ciccarelli bob check new england olympia joe bob
"blackstone" Discussed on John Bartolo Show

John Bartolo Show

03:47 min | 1 year ago

"blackstone" Discussed on John Bartolo Show

"Heard. We're back. And i got an awesome episode today. I'm excited this guy's done at all in the fitness industry. He's got quite the story to tell. We have quite the history. So i'm excited to have them. We have the one and only pj pj brown. What's going on brother. Thank you thank you. I'm excited history between us. Lata history between us in for everybody listening. That doesn't know pg and i go back a while and I'm excited to have them. I consider a friend. I think he's done phenomenal things. In the fitness industry built a company from the ground up and done so much awesome work all around the business and everybody tends to know who blackstone is. Thank you thank you appreciate it. What do you want. What do you want to start with. Where do we begin. So i think people don't realize how far back we go. We both have northeast origins. We both grew up in the same area. And i worked for you. One point which was even even awesome. Yeah well what's what's really funny is going back even farther than that so my childhood. My childhood best friend jake astaldi. Who's actually done really well in life. He's a money manager. He's actually my financial adviser with. We'll have no money to advise me on anymore. But before i got my divorce he was the guy but he. He's very good and you worked with him. How did that start well. So it's funny so custodian. I we started out in finance together at mass mutual. Many many many moons ago one of my first jobs out of out of college and we did. Maybe three years together which was a lot of fun..

pj pj brown Lata jake astaldi blackstone
Panasonic to buy U.S. software firm Blue Yonder for $6.5 billion

Noon Report with Rick Van Cise

00:20 sec | 1 year ago

Panasonic to buy U.S. software firm Blue Yonder for $6.5 billion

"Firm Blue Yonder for $6.4 billion, the Japanese electronics term's biggest acquisition since 2011. Japanese newspaper Nikkei says while Panasonic last year about a 20% stake in blue yonder, it is now in the final stages of acquiring the rest from shareholders, including Blackstone Group. That's your money now, not such a good day for Amazon

Blue Yonder Nikkei Panasonic Blackstone Group Amazon
The Code of Hammurabi

Everything Everywhere Daily

06:03 min | 1 year ago

The Code of Hammurabi

"Hemmer robbie was the king of the babylonian empire from approximately seventeen ninety two to seventeen fifty bc. Just to put that into perspective. This was over a thousand years. Before the city of rome was even founded as babylon emperors went hammurabi was pretty successful when he rose to power babylon was still a relatively minor player in the region and when he died he had conquered most of potato along both the tigris and euphrates rivers. The region was almost entirely in. What is today modern iraq. Like any good king win. Hammurabi wasn't conquering nearby kingdoms. He was passing laws and making sure that his kingdom ran smoothly and efficiently. It is believed that hamurabi sent out scholars to the various kingdoms. He conquered to collect the various laws of all realms and then collected them into a uniform code of laws for everyone. The result of this was the code of hammurabi which is believed to be two hundred and eighty two laws regarding any number of different infractions. Crimes and disputes the laws were inscribed on a stone and clay tablets and spread around the kingdom. The stele which was found in one thousand nine hundred one is exceptionally well. Preserved the object itself is a hard blackstone known as diorite. it's shaped like a giant human finger at the top is an image of hammurabi receiving the laws from the babylonian god chumash. There is then a preface which states the following quote and who in bell called me by name hamurabi the exalted prince who feared god to bring about the rule of righteousness in the land to destroy the wicked and evil doers. So that the strong should not harm the week. So that i should rule over the black headed people like chamo- and enlighten the land to further the well being of mankind unquote about six hundred years later. The was taken by the king of elam. Shrek know if you've ever watched the two thousand two movie the emperor's club with kevin kline. You'll remember that should noonday was as the example of someone that no one remembers except that i just mentioned him in podcast and he was in a movie under the reign of Dante was believed that he erased two three dozen of the laws. Originally written by hamurabi researchers have been able to recreate the deleted laws by finding other clay tablets. That had the law's written on them sometime after that it was buried as ancient things tend to do and it was rediscovered in one thousand nine hundred one. So what does the code of hammurabi say. Many of the laws are examples of what is known in latin as lex talionis which is a law where the punishment is similar to the crime. You might know better as an eye for an eye. For example law one hundred ninety six states quote if a man destroy the eye of another man they shall destroy his. I if one break a man's bone they shall break his bone unquote however the rules were different depending on what social class. You're in for example. I didn't read the entirety of law. Ninety six just now the rest of it is as follows quote if one destroy the eye of a freeman or break the bone of a freeman. He shall pay won gold meena if one destroy the eye of a man slave or break a bone of a man slave. He shall pay one half his price unquote so the social status of the victim of a crime was a consideration in the law. If some of this sounds familiar. That's because it's very similar to the laws that are in the bible in the book of leviticus the code of hammurabi was written well before the book leviticus so it's quite possible if not probable that some of the laws from leviticus were adopted from babylonian laws the final version of leviticus was written after the jewish babylonian exile. So it's in fact very possible. There are laws in the code deal with commerce divorce rent liability and even medical malpractice there even laws dealing with contracts and the issuing of receipts. It's true that most of the laws are of a rather brutal. If x than wide variety with punishments ranging from drowning burning severing hands gouging out is that cetera. Most of these type of laws are no longer on the books in most countries. Obviously however there are some surprisingly forward thinking laws for something that was written down thirty seven hundred years ago for example law one hundred forty nine states quote. If this woman does not wish to remain in her husband's house then he shall compensate her for the dowry that she brought with her from her father's house and she may go unquote that is basically an ancient version of no fault divorce. However there was one concept that was in the code of hammurabi which was revolutionary and is still with us today. That is the concept of being innocent until proven guilty. In fact these are the very first law's written down in the code. Here are the first three laws in the code of hammurabi quote law one if anyone in snare another putting a ban upon him but he cannot prove it then let he that ensnared him be put to death law to if anyone bringing accusation against a man and the accused goto the river and leap into the river if he sink in the river his accuser shall take possession of his house but if the river prove that the accused is not guilty and he escaped unhurt then he who had brought the accusation shelby put to death while he who leapt into the river shall take possession of the house that had belonged to his accuser law three if anyone bringing accusation of any crime before the elders and does not prove what he has charged you shall if a capital offence charged put to death unquote so basically they had really harsh perjury laws and they made it really hard to pass frivolous lawsuits. So while i don't think anyone would really wanna live under the code of hammurabi today. It's an important part of humanity's legal history old hammer. Arby's two hundred and eighty two law's written in stone with a very first step in creating a system which has led to the one hundred and seventy five thousand two hundred and sixty pages of the united states code of federal regulations today

Hammurabi Hemmer Robbie Hamurabi Lex Talionis Kevin Kline Elam Rome Iraq Dante Bell Goto Shelby Arby United States
Pro-Trump mob storms the US Capitol, touting 'Stop the Steal'

Wall Street Breakfast

05:47 min | 1 year ago

Pro-Trump mob storms the US Capitol, touting 'Stop the Steal'

"In washington censoring social media. Content and corporate. America speaks out leading today's news. Congress has formerly confirmed the election of joe biden as the sixth president of the united states after rebuffing efforts by a small group of republicans to object to the acceptance of electoral college winds for biden in arizona and pennsylvania. The house and senate began the process of counting electoral college votes wednesday afternoon but the preceding was interrupted for about six hours by a mob that stormed the capitol building. The count resumed at about eight pm. But that was after a woman was shot and killed by capitol police while three other people died for medical emergencies. Day or historic day for american democracy. Maybe a bit of both while the mob delayed presidential certification and lead doorbell violence. It didn't stop the process or institutions and lawmakers. Were able to reconvene later that night. Some other happenings. The second of two runoff elections in georgia was called in the democrats favor handing 'binding control of the senate and solidifying his economic policy platform. Both jon ossoff and rough high warnock lead their opponents by more than the point five percentage point threshold for a recount triggering. A blue wave to descend on washington. How did the market respond. Trading was largely unaffected by the chaos at the us capitol and ended the such mostly higher on expectations of more robust stimulus. Package tech fell back. The possibility of antitrust legislation though futures linked to the major averages all powered higher overnight. I think the reason the markets are flunks. Is it's not going to change. The transition of power said tom lee of fun strut global advisors the ten year treasury yield also broke above one percent for the first time since the pandemic began in late march sparking a rally in the banking sector in other news. The disarray seen in washington. Also shift online. As both twitter and facebook suspended president trump from posting on their sites it marked the social media industry strongest actions to date to rein in controversial content citing risks of violence and repeated and severe violations of their policies. Twitter which luck. Trump's account for twelve hours also warned that further violations of its rules could lead to a permanent suspension. What happened the platforms have been labeling election related tweets by trump since november which made declarations of victory and claim. There was a plot to steal votes. The final straw appeared to be a video circulated by trump in which he described those who showed up for the rally as very special called the election. Fraud hewlett and said. He understands how the protesters feel. It was a landslide election and everyone knows it. Especially the other side he added. But you have to go home now. We have to have peace. We have to have law and order thought bubble. Censorship concerns over violence were raised during a recent. Us senate commerce committee. Hearing when twitter's dorsey was asked how supreme leader ayatollah ali khamenei of iran was allowed to glorify bloodshed in many of his tweets without eighty tc downs his response we did not find those violate our terms of service because we considered them which is part of speech of world leaders in concert with other countries speech against our own people or countries on citizens we believe is different and can cause more immediate harm outlook. Some appointed parlor is a free speech focused alternative to the giants of silicone valley. The service leaves virtually all bought a ration- decisions up to individuals collects almost no data about users and doesn't use content recommendation algorithms it shows users all the posts from everyone they follow in reverse chronological order. However many that have immigrated to the platform have continued posting on twitter. Raising the questions of whether parlor will eventually fizzle complement or replace larger platforms with much bigger audiences business leaders and trade groups including the us chamber of commerce business. Roundtable and national farmers union are calling for the peaceful transfer following the turmoil seen the us capital. Since the start of the week we've already heard warnings. Prominent company leaders have cautioned about challenging election results and undermining economic stability motivated in part by the desire to get members of congress back to focusing on repairing economy. that's been shredded by the pandemic. They're saying the insurrection that followed the president's remarks today is appalling and an affront to the democratic values we hold dear as americans there must be a peaceful transition of power said blackstone. Ceo steven schwartzman. One of mr trump's most loyal allies on wall street. This is not who we are as a people or a country added j. morgan ceo jamie diamond. While apple's tim cook said it marked a sad and shameful chapter and called for those responsible to be held to account the head of the national association of manufacturers a group representing fourteen thousand companies in the us even called on vice president mike pence to seriously consider invoking the twenty fifth amendment to remove trump from office response. Even though i totally disagree with the outcome of the election and the facts bear me out. Nevertheless there will be an orderly transition on january twentieth. I've always said we will continue our fight to ensure that only illegal votes were counted. President trump tweeted through the account. A could be no white house director of social media while this represents the end of the greatest first term in presidential. It's only the beginning of our fight to make america great again

Jon Ossoff Washington United States Twitter Senate Capitol Police Joe Biden Capitol Building Senate Commerce Committee Tom Lee Ayatollah Ali Khamenei Warnock Biden Congress Pennsylvania Arizona Us Chamber Of Commerce Georgia
How MLB's Decision To Eliminate Dozens Of Minor League Teams Is Affecting Communities

All Things Considered

03:34 min | 1 year ago

How MLB's Decision To Eliminate Dozens Of Minor League Teams Is Affecting Communities

"With with dozens dozens of of minor minor league league teams. teams. Those Those communities communities were were stunned stunned in in cities cities big big and and small. small. These These teams teams are are as as much much a a cultural cultural identity identity as as they they are are a a fun fun and and inexpensive inexpensive family family outing. outing. Dave Dave Mystics Mystics of of West West Virginia Virginia Public Public Broadcasting Broadcasting takes takes a a look look at at one one team team left stranded by the MLB reorganization. On most summer nights, Rod Blackstone can be found behind home plate at Appalachian Power Park in Charleston, West Virginia, riling up the crowd and tossing pieces of toast into the stands after the opposing team's batter, strike out. Since the early nineties. He's been coming to games and is known simply as the toast Man. Now, Charleston's team may be toast. MLB through the West Virginia power a curveball when it announced it was not one of the teams that would be part of the 120 team Minor league lineup next season. Three other squads from West Virginia were also thrown out. Of the 42 teams that will lose M O B affiliation 18 or in the Appalachian region. Blackstone a. K a. The toast man used to work in politics but now works for the power. He says the contraction is a disservice to communities like Charleston, which is hosted a minor league team for most seasons dating back to 1910. It's harder to swallow. And when you look at how there is now a large, gaping hole In this region of the country. That has been expelled from the major league minor league system. When Major League Baseball announced the reorganization, officials said one of the aims was to cut down on travel times between games and also ensure the facilities are up to date. Elster still hasn't sunk in for many people. Charleston's mayor Amy Goodwin, says catching games Appalachian Power Park has always been a go to for families. My kids grew up in that stadium. My kids know that that is something fun for them to Diogo. What? Whether you're a baseball fan or player or not, Goodwin says. The community has long rallied around the team in the ballpark, and vice versa. Not only the trolls have along Andre, really robust history of baseball, But this stadium and this place Great so much happiness. Local officials are still sorting out with the economic fallout will be Charleston Convention and Visitors Bureau CEO Tim Brady says it's not just those who worked at the stadium who will be affected. It's the hotels were team stay and the restaurants and bars frequented by fans in the surrounding area. So one small change to a local economy like this, which is really a living organism effects. Much. Broader than just right there within the stadium, the team commission the Visitors bureau to conduct an economic impact study a year ago, it found the power brings in more than $3 million each year in Charleston, The ballpark wasn't built in a suburb or often, interstate. Ready, says it was designed to rejuvenate part of downtown. But in Charleston, a concerted effort was made to build the ballpark in the warehouse district to help spur development over there, and you've seen that you've seen bars and restaurants. And high rise apartment buildings spring up around the ballpark. While the owners of the West Virginia Power promised baseball will be back next season. It's unknown. What league will be a part of It's almost guaranteed, though not to be the attraction that has been at least not without a major league affiliate for NPR news. I'm Dave message.

Appalachian Power Park Charleston Minor Minor League League West Virginia MLB Dave Dave West West Virginia Rod Blackstone Major League Minor League Amy Goodwin Diogo Minor League Blackstone Charleston Convention And Visi Tim Brady Appalachian Elster Virginia Major League Baseball Visitors Bureau
Top CEOs met to plan response to Trump's election denial

AP News Radio

00:59 sec | 1 year ago

Top CEOs met to plan response to Trump's election denial

"Some leading American CEOs have exchanged ideas on what their role should be to help ensure a peaceful transition of power at the White House more than two dozen CEOs of major U. S. companies took part in a video conference last week to discuss what to do if president trump refuses to leave office yell management professor Jeffrey Sonnenfeld convene the meeting he says the business leaders agreed that trump has the right to pursue legal challenges although there's no obvious evidence of widespread issues but if trump decides to one do the legal process or disrupt the peaceful transition to Joe Biden this C. E. O.'s discussed making public statements and pressuring GOP lawmakers this C. E. O.'s agreed to wait for the November twentieth certification of votes in Georgia before deciding their next move Sonnenfeld on C. N. B. C. identified some of the participants as leaders from Disney Blackstone and Johnson and Johnson Jackie Quinn Washington

President Trump Jeffrey Sonnenfeld C. E. O. Donald Trump White House Joe Biden Sonnenfeld C. N. B. C. GOP Georgia Disney Blackstone Johnson Jackie Quinn Washington
James Randi, Magician and Paranormal Debunker, Dies at 92

Radio From Hell

02:36 min | 1 year ago

James Randi, Magician and Paranormal Debunker, Dies at 92

"Oh, he was one of a kind. He will be missed. And He was truly amazing person. Yes, the amazing Randi. James Randi, the magician who escaped from jail cells. Underwater coffins straitjackets before becoming a scientific skeptic bent on debunking those who peddle the paranormal and supernatural. He was 92 years old. Age related causes is what they say His death was in a Twitter post pendulum of Penn and Teller called Randy quote our inspiration, our mentor and your friend. He appeared on on occasion on the Showtime documentary, Siri's Penn and Teller. B s in 56 Amazing. Randi appeared live on the Today show 1956. Surviving for 100 for minutes in a sealed metal coffin submerged in a swimming pool. Two better, a record that was held by Harry Houdini. Two decades later, he escape from a straitjacket while suspended upside down over Niagara Falls. On these escapes that he did. We're dangerous. They were very dangerous, but he managed them. He was a Toronto native. He grew up loving magic. He had great stories about going to see. Blackstone. Blackstone was a very famous magician at the time and what a great magician he was. But then Randy sort of became a well known atheist. And if you want to see a really touching sweet movie that's fascinating. What's it called Anonymous wires on honest liar. One a slider? Yeah, it's all about him in its life. Well, Yeah, he started out as a magician. But then he formed James Randi Educational Foundation, and it's about Debunking. Shysters people who use magic essentially on and mental ism to take advantage of people. He particularly hated Uri Geller, the spoon Bender from Israel. He hated Yuri Geller and James Randi said anybody convention spoon. I can show anybody how to do it. He doesn't do it with the power of his mind. It's a trick. It is a trick. And Randy was just incensed about it. He hated Yuri Geller so much, he said. When I die, and I'm cremated, I want somebody to throw my ashes in Yuri Geller. Well, you've said that about your

James Randi Uri Geller Harry Houdini James Randi Educational Founda Randy Blackstone Teller Twitter Penn Niagara Falls Siri Israel
With Milk Sales Up, Dairy Industry Revives Iconic Got Milk Campaign

Business Wars Daily

04:28 min | 2 years ago

With Milk Sales Up, Dairy Industry Revives Iconic Got Milk Campaign

"From, wondering I'm David Brown and this is business wars daily on this Thursday August twenty seventh something strange happened over the last few months we started drinking milk again think it might have had anything to do with pandemic for the last several years. It's felt like the dairy industry been singing swan songs milk sales fell thirteen percent from twenty ten to twenty eighteen according to CNN I one dairy. Then another collapsed under the weight of competition from plant based drinks soy almond, coconut, banana, Oat flax all. Those plants were out to get poor daisy the cow the dairy industry was so freaked out that it launched a pilot lawsuits against makers of those plant based drinks trying to forbid them from using the very word milk. You can't squeeze milk out of another grain they said but for the moment, at least dairy farmers are experiencing a bit of relief with. So many of us eating more meals at home, we're guzzling the white stuff again, it's long been true that milk drinkers tend to drink milk. Not at restaurants. So lockdowns have in fact, helped the dairy business cow's milk sales rose about twelve percent over last year for the twenty weeks ending. July eighteenth CNN reported your kid and mind mindlessly grabbing a swig from the carton added up to four and a half billion dollars in sales this spring, and that has spurred the dairy industry to revive an iconic ad campaign. Remember got milk. Vast company called it one of the most famous ad campaigns in history that campaign was launched in Nineteen ninety-three, its message, whatever you do don't run out of milk over time three hundred celebrities including Britney Spears Dennis Rodman Bill Clinton, and the simpsons all appeared sporting those milk mustaches. The ads became enormously popular by the end of the campaigns run in two thousand, fourteen, ninety percent of all adults were familiar with got milk to Huffington Post Contributor Gene Delvecchio but there was one a little problem. The ads didn't actually work over that same time milk sales declined steadily soda consumption bubbled over guess what those Soda Lovers used to drink you got it delvecchio a former AD industry executive argues the got milk ads were like bringing peace shooters to a gunfight, the gunfight being Pepsi and Coke Monster Marketing Budgets while the to soda makers battled each other milk lost but the dairy industry apparently believes their campaign was effective embracing Estonia the industry's marketing arm milk. PAP has revived the got milk campaign today's ads bear little resemblance to the Owens though. Sure there's still some celebrities Olympic gold medal swimmer Katie decades, viral tiktok video showing her perfectly balanced a glass of milk on her head while swimming a lap. That's certainly a turned heads but the bulk of today's campaign features, regular folks and a ton of user generated content milk drinkers were urged to do silly things with milk and boy did they respond people open gallons of milk with their toes jumped into kiddie pools filled with milk and cereal according to the trade paper? Agra. News will this generation's got milk ads do anything to keep the cow's milk train going if the wildly popular ad campaign of your didn't work well. Be Hard pressed to say that this one is a better peashooter. The dairy industry itself is making predictions. They say they're simply celebrating the quarantine induced sales boost. What is true however is that the competition from those plant based rivals is only getting. Over the same twenty weeks that saw a twelve percent rise in dairy milk sales oat milk sales went through the roof up two, hundred, fifty percent. Of course, oat milk sales are still tiny compared to cow's milk. They totalled only one, hundred, thirty, five, million dollars, but other signs point to the continued aggressive challenge from those gentle plant based alternatives. Oatley the. Leading oat milk maker recently attracted two hundred million dollars in investment funding from blackstone and Oprah it hopes to go public next year according to Forbes, and on Monday good Karma, a maker of flax milk bought itself back from bankrupt dean. Foods investors are Thurston lapping up all of these cream alternatives and no matter how beloved the Got Milk Gad's once were. All this competition puts a whole lot of pressure on twenty twenties version of the same campaign.

CNN Katie Decades David Brown Thurston Gene Delvecchio Gold Medal Huffington Post Britney Spears Agra PAP Dennis Rodman Bill Clinton Executive Blackstone Estonia Oprah Forbes Owens Pepsi
Tesla Smashed Earnings Expectations

WSJ What's News

01:03 min | 2 years ago

Tesla Smashed Earnings Expectations

"Tesla is defined. The street's expectations reported fourth straight quarter of Prophet yesterday. These latest results now make it eligible for inclusion in the S. and P.. Five hundred. Our reporter. David Dorey explains what this could mean if that happens, that would be huge for Tesla aside from the reputational prestige of being in such a big index. Eleven trillion dollars trucking. The SNP on inclusion would probably fire a starting gun on the race for big index funds to get the hands on Tesla's hsieh's thought, it'd be a far cry. From the numerous periods of precariousness tests has faced in recent years Barry Mind. This is the company that lost four hundred eight million dollars in the second quarter last year. Test is by no means guaranteed to being in the S&P five hundred, but if it does getting created, it could be a sea-change moment for those. He wants to make money for electric cars the energy transition. Looking ahead on today's busy earnings calendar at and T., blackstone Intel twitter American Aska and southwest. Airlines are among those reporting today.

Tesla Barry Mind David Dorey Reporter Hsieh Blackstone Intel
"blackstone" Discussed on KQED Radio

KQED Radio

07:21 min | 2 years ago

"blackstone" Discussed on KQED Radio

"A decade plus ago a lot of people have found themselves paying rent to one corporate landlord after another it was waypoint homes and they went to Blackstone and now is invitation homes I'm gonna resolve how the housing crisis in some communities harder than others next time which you'll hear at four o'clock this afternoon here on KQED public radio I'm Marco Werman you're with the world the protests against racism and police violence inspired demonstrations across France this week four years ago France had its own flashpoint with a black man dying in police custody in a suburb of Paris Adam a trial or a twenty four year old of Malian descent was believed to have been killed by sixty Asian at the hands of police anger in France resurfaced this week with the death of George Floyd in Minneapolis Franco Lolita is a founder and an activist with the brigade for anti negra phobia in Paris I asked him what similarities easing between what's happening in the US and France Lolita spoke with me through an interpreter now I see so what we see that's pretty much the same but you know I six states is the background program is the same but only the way it manifests sometimes may differ so blacks in France as well as people from the Maghreb north Africans who live in the high rise low income housing in the body of Paris's suburbs they have said they feel targeted by the gendarmes of police there can you describe the Bosnia and what the relationships are like between people of color there and the police the way the people are treated in volume you have to imagine that you struck him out you could compare that to the red lining in it so as long as you beyond those lines you're going to be treated the way the psychological way of thinking about people of color as you say is supposed to be treated by the system well the historical context in the United States with systemic racism is pretty well known we marked four hundred years the first in slaves Africans in the Americas last year what are the roots of systemic racism in France though systemic racism in France but is this your the same way it is in the United States because because you know American before being American where you will train and Ukraine's where into slavery right when we see people dying in France like the muscle and the many all those then you see it back in your direction one difficult with me on the George Floyd it's not that he is allowed to kill like that like it's written on paper he's already a lot to do it because the system behind the backing up with that more recently the offices involved in the death of my trial rate were cleared so I'm wondering in the last week the connections between Floyd and trial right have they become more acute more intense welcome to George Floyd was on camera and that's why the Jewish lawyer is not seen as their usual black suspect and guilty so what happened to our them up was not on film so the way they treat these cases as they usually do like gill seat black man so if I may say so the chance to get this on video this is how cynical the situation get for us to be able to prove our innocence it has to be taped francolin is the founder of an activist with the brigade for anti negra phobia in Paris he's been speaking with us through his friend and interpreter Fabian Frankel thank you very much and Fagan thanks for your help as well okay Messier who as I said a moment ago last week the officers involved in trial ray's death were exonerated by a police investigation joining me now is the world's Lucie martyr Roseanne so Lucy you were on the phone with try to raise a family lawyer what did you learn right so yes indeed that's the family lawyer he was telling me that you don't expect she's on the phone calls there's a new contender report that supports to follow a sister asa and her family's original belief that he died by asphyxiation meanwhile the original state autopsy that was done a few years ago and said that he died because of underlying health issues because of heart failure don't trust you know what definitely isn't for nothing less makes Kamal and so here the lawyers saying that when Adam this twenty four year old French Malian guy was arrested he didn't have his identification card on him so threes on down that's another sector of the French police they tackled him to the ground three of them using their weight so that's over four hundred pounds on top of Tony and pin them down this is a popular policing technique in France called blue plaque as Valentine or ventral plating those who says that ademas last words were I can't breathe Lucy is it is a ventral plating actually legal in France what was the defense for the gendarmes actually exonerated for it is legal in France and blues who the lawyer he was telling me that there's one condition Sir click on color the white officers can only use this technique to detain someone for a short amount of time but that kind of force was used on trial away for eight minutes yeah Graham similarity with the way George Floyd died right and Adam a sister also she's been tirelessly fighting for her brother's justice she says that there are major links between George Floyd's death in the US and that of Adama and the terrorist family lawyer agrees read your book with the plan come up you for come out six thirty first he says in both cases there were three police officers on Floyd and three gendarmes on tile it second both Floyd and highway said they couldn't breathe third both George Floyd and Adam that's highly were black men seriously tragic parallels the world's Lucy murderers and thank you for this thanks Marco as we come to the end of this historic week we're reflecting on some of the things we heard including the support by immigrants in Minneapolis for African Americans there I am not angry at all that's real hell Islam owner of the Indian restaurant Gandhi Mahal in Minneapolis it was set on fire during the unrest there but unlike many business owners who saw property damage Islam unequivocally supports the protesters in Reno if you don't speak loud sometime you know forecast so you cannot make change cannot get justice is some drew a direct line from what's happening in Minneapolis and across America to the fight that he and others ways decades ago against an autocratic government in Bangladesh so I didn't know and I believe we have to protest to stop violence stop killing people buildings can be rebuilt and possessions can be replaced through hell Islam says the block his restaurant is on has been reduced to rubble yet Islam is still feeding protesters he says this is the moment when change is possible if officials listen water star not blaming protesters blame on people who did not take action for us Islam's daughter Haas is the age her father was when he fought against the autocracy in Bangladesh she also says a restaurant is nothing compared to the life of George Floyd and yes a lot of businesses will be struggling coming back up but that's what community is for.

Blackstone
How the Boy Got His Name

Iroquois History and Legends

05:41 min | 2 years ago

How the Boy Got His Name

"How the boy got his name. It was springtime long ago. Little stream swelled and danced and all the forest was glad and. Oneida boy came running through the wood. He too was glad for. The world was full of new life as he came down the path he saw something hanging from a branch. The tree was but a few steps from the trail so he stopped to see the new flower that the spring had brought. He found this not to be blossom but instead it was a tiny baby cradle. The boy pick the cradle from the branch. It was so much smaller than any he had ever seen. It fit into the palm of his hit as he looked closer. He saw that there was a tiny child in the little cradle. The we baby left small baby. The boy thought that this was a very special child and then he said to himself. I will take you home here. My mother now. The boy's mother had all of nine children and he was sure that she would like one more and that there would be more than enough room for this tiny little stranger in their big long house. The boy started to run down the trail but then something seemed to hold him back. I'm stuck he could not get far away three times. He tried to go but every time he only circled around the tree. Something was preventing him from moving more than a stone's throw away. It was like a rope was tied to his leg. And then suddenly there was a loud screech and a cry from up the path. The boy wondered if it was some animal that was in pain or caught in a trap. It wasn't a Fox definitely not bear badger. He turned to see what it could be. And then he saw a small woman running down the path. She was shorter than a beaver but she ran like a deer to the boy and was weeping and begged him to return to her the child now the boy had a heart that was often kind all he wanted was to see everything and everyone happy when he saw the little mother crying and imploring from her baby he felt sorry for her many times he had heard his own mother. Tell him how every mother bird loves her hatchlings and every mother bear cub every mother deer fawn and every Oh night mother her baby and he knew this little ferry mother must also love her little ferry baby and so he put it on the tiny mothers back and said every mother should have her baby. The little mother gave glad cry. She felt the baby on her back once more than she drew a stone from a bag which she carried it had a hollow hole through it. She slipped it onto a string of beads. That hung from the boy's neck the stone shown on his breast. Like Ado. Drop because you are good and kind and unselfish she said and because you make everything happy you shall wear this good blackstone it will bring you whatever you want we a little people give this stone to those earth children only who are strong and yet protect the week. Were always on your breast. Never take it off and you will become a mighty sheaf then. The mother gave another glad cry and with her baby on her back. She disappeared into an oak. His heart grew lighter and as he ran. The stone shone brighter before he reached his mother's Longhouse he found a rabbit on the trail and drew out his bow. A short time later he was bringing back game for his family's evening meal. He never told anyone about the job. Oh or as some people call them drum dancers but the stone that he had did bring him good luck in whatever he did all went well for him if he went on the hunt he brought back dear. No boy could sling Lacrosse Ball. As far as he or could run as fast he could shoe. Eros to the sky and every winter. He could send his snow snakes skinning far beyond everyone else's stick so lucky was this. Oh night at boy. His tribe called him luck in every month. He wears the lucky stone. Some of the elders would say as they sat around the fire and others would nod their heads knowingly but they never knew how he came by it or why he wanted and when luck in every month grew to be a man his tribe made him a great chief just as the Little Jogo mother had said though not one of the hereditary leaders because he stood so strong in straight serving the people protecting the weak and doing great deeds he was called a named a Pine Tree Chief. His feet are planted deep in wisdom and strength they said and

Small Baby Little Jogo Oneida Lacrosse FOX
Why Cheap Solar Could Save the World

The Indicator from Planet Money

09:00 min | 2 years ago

Why Cheap Solar Could Save the World

"So the other day Darius we took a little trip to a huge apartment complex in New York it is enormous one of the biggest biggest in the world. It spans like ten city blocks in New York houses around thirty thousand people. Yeah and it's known locally as stuyvesant town or Sta towns down a uh-huh cool village cat. It's like a bunch of giant brick towers sort of all identical in rows and we were there because because of an indicator an indicator given to us by Ben Ho. He's an economist at Vassar College. Yeah and Ben says this indicator is a big deal a milestone down and win this indicator hit this milestone. Ben said he was like Oh my God. I thought there should be parades and like people cheering and instead like there's a the articles and like the trade press and people haven't talked about much. I think it's a contender for the most important indicator of all time the most important indicator for all time at least for me. Ooh Okay make your case. This is fascinating. What is this indicator? Indicator is the cost of solar electricity specifically that the cost of solar electricity has been falling by a lot not falling by so much. It's actually now competitive with fossil fuels. It's gotten that cheap which brought us to the roof of a twenty storey brick building in February roof that has now covered in solar panels. And we were there. Because this roof is owned by one of the biggest baddest most profit focus companies on Wall Street in large large part because of Ben's indicator this is the indicator from planet money. I'm Stacey Smith and we are on the roof of building. We're here twenty or so stories above these filaret colds today on the show the price of solar what changed and I've been thinks this so important. It's a little windy too. Beautiful View his beautiful this message comments from NPR sponsored show. Bonnie Haute made to taste just like milk. Doc It's creamy frothy and great with coffee and cookies but without the dairy because it's not milk it's almost milk new Shabani owed support also also comes from the capital. One saver card earned four percent cashback on dining and entertainment to percents at grocery stores and one percent on all other purchases now. Now when you go out you cash in capital one. What's in your wallet? Terms apply back in two thousand six. Ben Ho was the lead energy economist. Missed under president. George W Bush and he was part of a team looking for energy alternatives economically viable energy alternative. Being the operative word there the energy source to beat was coal it was the cheapest source of energy and back then like solar was almost like a joke. At the time I was looking at the numbers and cost five cents ends or four cents per kilowatt hour natural gas also in that range and sold there was like a dollar per kilowatt hour. Oh Wow and you were just like this. This is never going to be cost effective. You heard that correctly recklessly. Solar Power was twenty times more expensive than coal solar was just never gonNA happen. It was a non starter. It was a punchline and then something changed changed actually a bunch of. Something's yeah a lot of small things that took the price down by five or ten percent so for one thing. Government subsidies on the state and federal level brought costs down for businesses and residents got more people to buy into solar which meant more companies started making solar panels and then companies that made solar panels started competing against each other tomake cheaper more efficient panels as a result. The panel's got nearly twice as efficient and the price dropped from about a thousand dollars per panel to around one hundred and fifty dollars per panel today. Hey It's a series of sort of small process improvements over the past ten fifteen years for the cost down like a magical amount of money a magical amount of money. The prices solar job by more than ninety ninety percent from one dollar per kilowatt hour fifteen years ago to four cents per kilowatt hour today and that is today's indicator four four cents per kilowatt hour. which makes the cheapest form of electricity in the US and also in the world cheaper than cheaper natural gas jubilant coal cheaper than coal? Oh my drop. Yes because when that happens is ben everything changed and then thinks this will take solar power from like a fringy source of energy to a major maybe even the main source of energy in the world but at this point solar energy still only accounts for about two percent of the energy in the US I think that's totally changes. At least how icy climate change right so before when like solar and renewables more expensive it was all about sort of getting people to like sacrifice to do the right thing And now it's actually just getting people to save money. I mean if we're looking at pure economics though I mean if solar is only two percent and we have these huge entrenched energy can companies from the biggest companies in the world. That have a lot of money. A lot of jobs tied up in traditional like fossil fuels and those kinds of energies. Like how I mean. That seems like some daunting economics to overcome right. I think I'm a big believer in the markets. Now the soldiers act cheaper. Actually think that the market and capitalist pretty powerful driving force to move people torward the cheapest form of energy and you see that happening right So they just had the biggest year in history in the United States because of just the fallen costs companies like facebook book and Microsoft have started investing millions of dollars in solar energy and so has blackstone blackstone in case. You haven't heard them a giant Wall Street private equity firm Um and Hedge Fund. Basically they deal with money. Enormous amounts so much money. They manage hundreds of billions of dollars yep blackstone definitely really not like a hippy. dippy let's all try to save the Planet Company. No no no. This is not like reusable tote bag Greenpeace canvasser type company. They care about the bottom line and blackstone has started investing millions in Solar Power Blackstone owns the company that manages Stuy town the apartment complex in New York with all the solar panels and Kelly vaas is the CEO of that division of the company. And he oversaw this big solar project and he took us out to the roof to check out the solar panels firsthand. We're standing standing on the rooftop status in town and you're looking at a few of the nine thousand six hundred seventy one solar panels that we put on rooftops to be precise and isn't isn't the that's for size. Nine thousand six hundred and seventy one solar panels on building after building just spanning ten. The city blocks just laid out before us. All these buildings like as far as we can buildings so as you can see like how many square feet of roof twenty two acres does that have to do the math on the square feet on that. We did the math. We did the math and it is almost a million square feet of roof all painted white and all covered in shiny black glass solar solar panels all about the size of a foosball table. Kellyanne is team installed the panels last year and they estimated it will reduce Stuy town carbon footprint by about sixteen percent so the project cost of eleven million. That's a lot. Will you lose money on it as a cost neutral we make a little money we we we will have a return on investment. It's not significant. It's it's not a lot of money but it is definitely not a loss if it had been a loss Kelly. They couldn't have really considered going solar now that they have these panels up and running. Kelly says lots of other building managers and businesses have been taking exactly this tour that we took asking about how they might go solar as well. What's the biggest this question that you get from people who are considering doing it? Did you make money on it. They want to know. Is there a return on it. Is it affordable all of those things and in the answer for I was yes blackstone was so jazzed about the results of its Stuy town project it is investing another eight hundred and fifty million dollars and solar and this says Ben is exactly clear why he thinks the cheapness of solar is the most important indicator of all time on this sort of problem of climate change. I think yeah I've optimism. I think in part because a lot of the stories you hear about climate change all assume that coal-based future I mean listen. Climate change is not over as a problem Ben Points out. There is still significant obstacles to overcome if solar is to become a major energy source for the world. I mean for one thing. It only works when the sun is out. That's a problem battery technology that could store. Solar Energy is in great right now also the panels would need to get more efficient for all of STA towns. Nine thousand Rosen odd solar panels. Solarte will still only supply about six percent of the energy for the apartment complex. Still says now that economics is on its side. Now that the mathworks he thinks solar has a bright view. Now now biggest hurdles past right. I think it's for me. Is the most exciting indicator. It makes me optimistic about the future.

BEN Solar Power Blackstone Ben Ho Stuy New York United States Kelly Vaas Blackstone Vassar College Blackstone Blackstone Darius Stacey Smith NPR
What one thing Kyle Shanahan would have done differently in Super Bowl

Around the Horn

02:49 min | 2 years ago

What one thing Kyle Shanahan would have done differently in Super Bowl

"Shanahan first public comments post the Super Bowl indicating he thinks the way they ended the first half was one of the reasons why they were up in the in the fourth quarter quote. I think that's one of the reasons why we're up. Ten in the fourth quarter and quote also thinks Jimmy Garoppolo one of the main reasons they got the super bowl quote. Jimmy is one of the main reasons we got the super bowl times by pal shot at hand. I'm telling the first comment obviously defend his quarterback. Doc Look no one's defended. Shane had play calling for the last few days. More than me. I think the criticism of him throwing the ball has been way overblown. But I'm still critical of of how we handle the end of that first half yes. It's why they were up ten but I do believe he should of anticipation that Patrick mahomes against gas line of Defense in the fourth quarter was a bad bad matchup and they should have tried to take the point when their offense and the defense. We're both dominating capital Biracial Shannon. I'm buying this is exactly what you want to hear. The leader is conviction. You don't need him lamenting this loss. Nothing's going to change. Don't keep watching the titanic over and over again as for starting next year. Of course you should. He's not not only was a good game manager but he had the best pass completion last year referring to Emmanuel Sanders. WHO said he's already watched the Super Bowl five or six times and every time? It's like watching the titanic padded down. Frank do you know that feeling by herself. Shanahan year his goal was not to give the ball back at the end of the first half. Let's remember the offensive offensive. Pass interference call. They should have been down there kicking a field goal going ahead by three points. The issue was those two drives after. San Francisco's I'm sorry after the Kansas City scored that was the issue in the fourth quarter. They did not lose a game in the first half. I don't have a problem with it and bob run a CELENA BY I. AM selling the nonsense agenda. Have I remember sitting here thinking Tom. Brady's watching this going for a minute. Forty three time outs give it to me. Give it to me. Every coach in the League was saying. What are you doing Janet? Hey and you're asking. What are you doing Bob? I have to say respectively. I'm selling you. What were you doing with your super bowl? Pick because they never came in. You never made a super bowl pick right here except Francisco within Cisco Forty niners. Here's your deduction Emily Kaplan. I mean this was not blackstone but about as good as you can do it as well. You're here you're super bowl. Pick and we move on fire sale to raptors one nineteen pacers one eighteenth the champs who you can never talk about coming coming back from nineteen down to get the win. They now have won twelve straight if a defending champion warriors team where he teamed one twelfth. You'd be writing love sonnets. In IAMBIC pentameter

Shanahan Shane Jimmy Garoppolo San Francisco Brady BOB Emmanuel Sanders Patrick Mahomes Blackstone Emily Kaplan Frank Janet TOM Kansas City Cisco
Trump says GDP would be near 4% and the Dow could be 10,000 points higher if it weren’t for the Fed

CNBC's Fast Money

04:30 min | 2 years ago

Trump says GDP would be near 4% and the Dow could be 10,000 points higher if it weren’t for the Fed

"MNUCHIN is just the latest in a monster. Line that we've had from the world economic form in doubles president trump sitting down with CNBC earlier today and he took new aim right at the Fed less than what he told. Joe Kernan had we not done the big raise on interest. I think we would have been close to four and I could see five thousand to ten thousand points more on the Dow but that was a killer when they raise the rate it was just a big mistake and they admit to it they admit to it I was right. I don't WanNa be right but I was right for your next guest Joe's idols. Chief Investment Strategist at blackstone. He thinks trump might have a bit of a point. Joe Welcome back to fast money. What do you mean what what was he was? He says he's right right. You know I think the bigger point here is that we are inadequately driven market. This is not a fundamentally driven market. Right it's not a market where you're seeing earnings gains. And you know healthy underlying sort of like revenue and profit margins and things like that. We're in a market. That's been complete driven by central banks all around the world and two thousand thousand nineteen year where you went from massive hikes cuts right. You had more central banks cut rates in two thousand nineteen than any time since the great financial crisis we we went from balance-sheet tightening expansion of balance sheets again and that liquidity has fueled the markets is pushed him up higher so in December of two thousand eighteen. If I remember back in in those days the Fed raise rates the market fell eighteen percent. It did come back. It ended I think the month down. What eight or nine percent on the Dow and the S&P so if the Fed comes out and indicates at some point this year they would like to tighten monetary policy does the market fall another fifteen to twenty percent? I think what central bankers have done right now is bought themselves a lot of time right because the headwinds that the economy is facing include things like trade obviously across the pond we had UK and Brexit and everything else. I think policymakers bought themselves time. I had an old Basu once said Joe. If you have a problem that can be solved with money than it's not a problem anymore. He was on his third wife when he said that's worth it. That's the policy that that that that that we've seen in the markets policymakers have done over the last couple of years. But but I agree with that and don't fight the Fed and all these shays that have been the right ones but if you think about what we're not going to get more fed than we got in two thousand nine hundred ninety so if you think about it just the fact that the Delta in two thousand nineteen which was incredible the fact staying still right now. Oh I don't think there's enough and is the Fed gonNA keep this money market surplus in the market. I mean you're talking about Four hundred billion dollars that I recognize. We had a big problem and I don't I think the Fed was telling us how offsides they were a year ago. This has to this has to be painful. There's an economist who rose to prominence in the nineteen seventies named Herbert Stein There's something called Stein's law named after paraphrase. It basically says that which cannot go on forever won't right. I would love to come up with something. That's patently obvious. Inhabit habit named after me. I'm working on some things I'm watching the simpsons to try to get some inspiration but if you think about that Dr Oz just came up with a few he has some great scope. nope Don Don were over. You know it's GonNa go into As as I was going to sing living I was GONNA do hip hop arm beer something but that name was taken. Yeah I chose Investment Strategy so joe so when you start to look at what can't go on when it ends it ends. I've been waiting for value to start outperforming tech it. It just seems as though everyone is rushing in there looking for growth the only place to get growth or a handful of names on the technology side or or through the gamut of technology teams when and does value ever start out performed as market. Go Down I don't think we're GONNA see an environment. The whole market goes down. I think we will see more volatility more choppiness in our ten surprised twenty twenty one of the things that we talked about was having multiple five percent corrections because I I think the market has to mark some time while earnings catch up to the to to to prices right because we haven't seen any earnings growth. I don't know if it's going to happen in twenty twenty it might be is something that comes later because I don't see such a strong environment for corporate profits even now but I think we'll have to mark some time if you put two thousand nineteen into context. Think about it it. This way neat record high returns one of the top twelve percent for returns in any calendar year record. Low volatility volatility is one percent below one percent that we'd seen in any calendar. Year policymakers delivered that to us. I think the effect is rolling off that drives volatility. They'll be opportunities

FED Joe Kernan DOW Chief Investment Strategist Herbert Stein Cnbc Blackstone Donald Trump President Trump UK Dr Oz Brexit Don Don Basu Shays
MGM Resorts selling MGM Grand, Mandalay Bay for about $2.5B

Bucket Strategy Investing

01:18 min | 2 years ago

MGM Resorts selling MGM Grand, Mandalay Bay for about $2.5B

"Rough the MGM grand Mandalay bay have been sold according to MGM resorts international to two and a half billion dollar deal is the second major venture between MGM resorts and Blackstone real estate income trust in the past three months operation of the resorts will remain in the hands of MGM resorts international and continue as normal yeah I'm sure that's the question a lot of people had because obviously with the switch over of the hard rock hotel now being a virgin property right it's going to be you know they're gonna be a total makeover that nothing's going to change those or send this is Jim Jim grant and handle it they are just and Jim grant MGM grand Mandalay bay for two point five billion that's it yes I'm shocked at the numbers that low I am shocked well they're not bring new properties I just I mean but you got I'm not up to speed on the exact what these values would be is visiting a week I'm sure it's up to I'm sure those dander across those crazy but those are two hotels right in the center of the strip map from one of most profitable streets in America over the course of a year it's nice I feel like you just considering it but that that that that pricing to me is very low two point five billion down it's very worrisome to me that that price was that low I feel I could be more like ten to twelve maybe maybe Gerald can agree with I would think that if the properties were rolling in that much money MGM resorts would be unloading them all exactly that's that's why I'm very

Mandalay Bay Mgm Resorts America Gerald MGM Blackstone Jim Jim Jim Grant
MGM Resorts to sell MGM Grand and Mandalay Bay on the Las Vegas Strip for $2.5 billion

Ask the Experts

00:24 sec | 2 years ago

MGM Resorts to sell MGM Grand and Mandalay Bay on the Las Vegas Strip for $2.5 billion

"The MGM grand at Mandalay bay have been sold according to MGM resorts international the two and a half billion dollar deal is the second major venture between MGM resorts and Blackstone real estate income trust in the past three months operation of the resorts will remain in the hands of MGM resorts international and continue as normal and Jim announced its first joint venture with on October fifteenth of last year leasing the velocity a strippers work valued at four and a half billion

Mandalay Bay Mgm Resorts MGM Blackstone JIM
"blackstone" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

14:47 min | 3 years ago

"blackstone" Discussed on Yahoo Finance Presents

"My brothers would tell you and you know I never got beyond absent. Add subtract multiply divide but but I can figure route typically what what's on somebody else's mind. If you can figure out what's on the mind of the person who's opposite you then you can solve their her problems pretty easily unless what their thinking is so unreasonable that that there's really nothing to discuss well. I do WANNA turn to your a your engagement engagement. You know in the book you talk about that. You spend a lot of time talking to world leaders and you're certainly no stranger to the White House. I mean going back several administrations nations now as a business leader. What's your view on the current administration specifically president trump and his impact on the economy. Has He done a good job as he done a badge on. What's what's your assessment there. We're all different. People have different views. I guess if you're a Democrat yeah foreign view your Publican another I think the most important thing was was achieved was was the reduction in regulation. and there are some other important things from tax perspective but that it sets the stage for longer term growth in a way that wouldn't happen. If you hadn't made those changes you also so who talked about the strategic and policy form the business leaders that trump had you put together but after Charlottesville that group disbanded and it sounded like the book that you had some regrets about that specifically things that could have been done looking back. How do you think things could've been done differently and what would have happened if the group stayed together we'll the group. The group group was formed basically because the president asked for a small group of people who who could tell them where he was going in the wrong direction and and suggest other ways and so it's meant to be an open forum where were you could give input you know she didn't agree fine few agreed fine and that's a precious kind of attribute to have in in in government because usually when you disagree with the President or prime minister doesn't matter which country you can do that one or two times by the time you with the third and fourth worth you becoming less favor so this was a good structural thing to have unfortunately with the with the outcome of Charlottesville and and and and sort of a number of the members who are running big companies you know like half of their half of their companies had employees who were Democrats were we're very unhappy with the president and they were in effect putting pressure on the CEO you have customers you know half of whom are Democrats who who were also putting pressure and then there are also some Republicans who were unhappy so you know I I started getting context from the members saying I'm I'm under excruciating pressure here and you know I. I don't WanNa do this because it's hurting my business and for me is easy decision. Why why should you do something. That's hurting your business is supposed to be a good thing not turn out to be bad thing for you and so we decided the the best thing to do was to end the group on the other hand. the purpose of the group was was was a good thing for the country bipartisan. Now you also talk about that. You've been involved actively in the trade talks. I know you've worked with business leaders and and leaders in China. We've seen the trade tensions escalate and and since you've been involved in those talks you also said that they're the most complicated okay. Did you ever experienced why why is that complicated well. It's been two and a half years and don't take two and a half years and the he's wide. It's complicated is actually simple. that China for the last four years grown more than any other country in world history it's pretty amazing but they've done it through a system. You know where they have relatively closed borders. They have high tariffs they they have a variety of other practices which are not done in an developed world like the United States and Europe and some other countries and and so given the fact that somewhere between forty and fifty percent of the people in the United States are having a tough time economically. They're unhappy with their government. CA previous government doesn't matter and they want changes in their angry in and they should it'd be and and so those people after they've run out of sort of people to attack in the United States for their unhappiness happiness they go abroad and China's the target and so- China's where the jobs when you know and China's were a lot of wealth one during that period so so people want China to adjust China recognize that that's what happened. There are a lot a lot of people who just like it that way because it works. There are other people who recognize. You just can't keep doing that. We've things getting relatively typically worse in the world and so there needs to be an adjustment people don't like giving up things that they have the the United States would like to normalize all of these issues as soon as possible for China so so you've got something that's going to happen over over the long term. The question is how fast does it happen and how much of it happens and so that that's an area uh of of tension as each one of these cultures decides what they're really willing to satisfy as a first step because you're not gonna get get all this done. Nobody gives up the economic structure. They've had for four years. It's turned them in winter into a winner because someone else asked but but they're coming back to the table again which is a good thing. I think we'll get a deal. And when do you think we'll get a deal well. Nobody knows that type of stuff what what's important is is it appears that this is a serious engagement and we'll see where it goes I. I don't think there's anyone trying to handicap who knows how handicapped but except I think there's now a recognition uh on both sides that that that the decoupling of these two economies is really adversely affecting the world world global growth doesn't matter which part of the world and if you do that as a long term strategy that will have a depressing impact on global growth and that's a net losing strategy and so hopefully the fact that we're going into re-engagement is is the recognition by the parties that you know particularly typically by China that that this in their long term best interests either to decouple it kind of brings me to the Schwartzman scholars here's at Tsinghua University and you wrote about how we could fall into the city's trap if China and the US cannot find a quote cooperative trusting way to manage the shift in political power How much does that worry you. You think about problems and things and you worry sometimes. How much does that were you when when we got the idea for this in two thousand eleven worried me then but I must say I was wrong. I thought this would take ten or fifteen fifteen years. It started happening two years ago you know in two thousand sixteen so so it's it's pretty clear that that you know with the tensions rising between you know sort of us in China and the developed world and China and there's a real need to have some kind of buffer some kind of a group of trained people who appreciate you know the good parts of China and there are many and the parts that need to be modified and can take a lifetime. We're all thinking about those things and talking to the citizens in the thirty eight countries that they come from you've also given away hundreds of millions of dollars to be a lot of it has gone toward education your former public school. I know some schools here in New York where you've sponsored students Yale. Mit not the Schwartzman scholars but if you had to pick one area where do you think you will have the greatest impact of all of those. I've mentioned well. That's like asking something about which which of their children they really like the way I was raised you. You love of all your children inquiry and so. I can't give you a more perceptive than that each thing that I've tried to do. I I think is really really really important for the constituencies that are involved but it also seems that the common thread is education and and how do you think that you can play a role in solving for education. Where do you see some of the dislocation some of the problems that could be solved. It's important to try and support a variety of things to do this and from individuals students in Catholic school system where we can we have ninety percent of them has minorities and seventy percent at the poverty line or below and ninety eight percent graduate ninety six go on to college. It's like an amazing amazing said about comes and you're a great universities around the world can address certain types of problems like China. We're trying to bring the world to China so so that the world can understand China better in the United States you know working on. Ai Ethics issues which are really going to be critical as people get a better idea. What's going on with you were up in? Mit with me and we talked about those issues. I'm doing some of that at Oxford and these are big the challenges and opportunities facing us as as human beings Americans an international constituency so I like doing these kinds of big things have been a wonderful product project at Yale of where I think will change the way students relate and and have a central place to be which I never had when I was there so everything I do try and impact an important problem or issue. You know one of the issues that a lot of your peers have brought up. I'm just thinking for example is brought up capitalism in the need to reform perform capitalism. Do you think capitalism needs to be reformed and what sort of role can folks like yourself. Play capitalism needs to be reformed less. An Education Haitian has to be made better. If we had a much more qualified workforce that than than capitalism per se would work better to try and get capitalism to fix an entire society is a good objective and I and company should do what they can for that but there's different levers in our system that it actually have to come into play to make it all work. I only have a couple more questions for you. you have some simple rules in your book for identifying market tops and bottoms. I suppose this is a great framework for looking at where we are in the cycle so right now using those roles. Where do you think we are. And where do you see US heading well. We're not at the bottom and we're not in the middle so so. I think it's a time where US probably growing. I don't know we'll find out retrospectively but somewhere around two percent. Maybe a tiny bit less. got great consumers seventy percent of the economy economy and manufacturing going down and stock markets of pretty much records so so in you you know bond markets are sort of records and so usually when everything's doing records all the time and there's a lot of geopolitical uncertainty. It's usually like a wake up call. It's not read but it's yellow and it it. It makes you be more conservative. When when you're investing makes you think more about downsides. It makes you wanna buy higher-quality things because your chance of accidentally being lucky which happens at the bottom of the cycle is much lower our all right. Steve you in your book with a question you right. What's next who knows so what's next for you well. That's why I ended okay fair and I think what what happens what I've learned in my life is is all you have to keep doing what you're doing. Keep getting all all the feeds from from all the activities whether it's blackstone or charitable stuff or things were touched government and what happens is as you see something that you didn't see before and that leads you to something big and something interesting and I've learned all you have to do is be active at weight and you'll see it Stephen Schwarzman. CEO of the Blackstone Group and author of what it takes thank you so much for your time terrific.

China United States President CEO Schwartzman White House Blackstone Group trump Stephen Schwarzman Europe Charlottesville president Steve Yale New York Oxford Tsinghua University Americans
"blackstone" Discussed on Yahoo Finance Presents

Yahoo Finance Presents

15:06 min | 3 years ago

"blackstone" Discussed on Yahoo Finance Presents

"Thanks so much for joining us of course Steve in many ways your representative of the American dream you are on the Forbes list as the one hundred richest person in the world. You've built one of the most successful asset management companies and one of the biggest. You're sort of an unlikely story. You're the son of a dry good seller. You grew up in a middle-class background. You Chill Public School so I have to ask you this. If you're starting out today would you have what it takes to gain the same level of success well. You never can predict exactly what your path would be. When you start I I was born at a time. Where you know was was easier than it is. Today I was the second year the post World War Two baby boom so there weren't many people ahead of you so so I think I probably could've figured out a route in today's world but it was definitely easier when I was going to junior high school and high school in College and getting my first job now I just reading about you. Even when you're you were in high school you're always a leader or when you were in college or in the army or starting now on Wall Street. You always took these leadership. Roles addressed problems was that's. That's something natural to you or did you learn that quality knows natural. You know I I always liked to be in charge of something or lead. The way or fix something that was was not optimal or broken and it was it was comfortable. I sort of always wanted things to work well and so when I saw something that wasn't you know I could talk to the principal the school or you know sort of a colonel in the army or the dean of another another university. department and I always felt I was doing something. That was was good. you know for people. I worked with breath and just like that kind of role. That really stood out to me is that you wrote letters to people you would write letters to business leaders. He would actually invite you into their homes and have discussions with you. So do you experience that today and you find that young people reaching out to you and do you find ways to give back to them. I I have like a steady stream of people sometimes. When I go places somebody will come up at hand me a note you know. Could I talk to you or I'm I'm sort of at a point in my career where I could use some advice and I tried to do as many of those as I can but I can't do the mall so so there's a randomness to it but but none of us become successful because it's just us. Everybody needs someone to support report them. Everybody needs in effective mentor or more than Hey. My Mentor and relying on other people helped me. He you know sort of wind my way to wherever I've gotten and I think that we all have an obligation to other people to help with them on their journey as well when you start on Wall Street. This was a funny story. You told you caught the attention of senior leaders early on at Lehman Brothers. Lou Glucksman c'mon yelled at you for not sitting up straight and he later learned a lot of good things about you while she was smaller than do you think that's still the case now that young people can stand out early on amongst their senior leaders well. I think so all of us in a more senior capacity acidy are always looking around us to to see who's got something special and because if you're in any kind of you know a vocation that involves human beings you realize that people with real talent real drive you know have that certain special initial quality recall tens nines or not so bad either fell take you places a bill develop things that you haven't thought auto they'll they'll have a sense as they get older and you develop those people it's great for them but but it's also great for whatever institution you're in whether it's a for profit like blackstone or a not for profit. You just mentioned tens. How do you find a tin. What do you look for to find a ten. What does it take well It's it's part of interviewing. What what you find is. After the age of forty people are the reputation so if you meet someone and you're a little under impressed and everyone says they're amazing the chance the Thera- mazing is actually quite high but when they're younger than forty twenties and Mid Thirties and below. It's a little more challenging because they themselves have been trying out different approaches and different different print presentation styles so so I I like to spend time with people unstructured context usually when meet someone may give me resume usually buried in the resume is something like in the fourth grade they were the US national chess champion or something eh that they really want you to talk about because it's so odd and so I take that odd thing and I you know I acknowledged. Put it there and you know what happened to you with AD and and then you know we can talk about almost anything I'm trying to feel how smart they are. How how stable they are how curious curious they are and usually you can do that by just looking into their eyes and sometimes I'll walk in a room and talk about what I was just doing if it's exciting and if recoil with fever because it's different situation they probably won't be able to handle things that come at them in unpredictable way what you wanted to do was hold the table and to be pretty much of an equal because because they are just because you're senior all that means is that you've had more experience doesn't mean that you're better than anybody that you meet my now. It's really difficult difficult to get a job at blackstone. I was reading the stats in the book so I ask you this. Do you think if you're applying to a job at blackstone that they would hire you well. This is what I worry about because I don't think they would not because my grades wasn't as Soon Macao Audi or Magda. I wasn't even cum laude and and you know so so there are different modes of learning and I'm not so bad that some of this stuff but but it's not because I test to to a degree that a lot of the people we hire so so I I think it's important that we look at different factors here at the firm. The conservative way is always higher the brightest person. I think it's important to be involved in student government of some type Emperor Club or something where you demonstrate leadership I tend to like people who are athletes only because you can take pain if you're a good athlete that you push yourself to a point where it's not not pleasant well shifting gears. I you WanNa talk about the private equity business just broadly on but first. Let's talk about interest rates because they've been incredibly low and that's probably one of the most important metrics when it comes to your business so what's your outlook rates well. It's hard to go much lower and if you do it's not particularly productive because in most most of the country's economic system at the centerpieces or financial institutions banks and and countries grow when they extend credit to people businesses and people I if if their interest spread is so low because rates are so low that they have have trouble making money the way many in Europe do that then it hurts economic growth for the whole country so there are I view it as a law of diminishing finishing returns as rates go lower and lower and lower it also hurts people who save because they can't make much money either so so so you know now in Europe is about a third of the country's or negative interest rates in other words. You have to pay them to take your money seems to me. There's something wrong with that. Model title and those countries as individual countries aren't doing particularly well. Well people often ask you for advice. So what would would you recommend in these sorts of situations well. I think there are two things you can do. One of those is reform of an economic economic system and and another thing that you can do is use fiscal policies policies to spend more money to stimulate an economy but just forcing rates down into negative territory. I you know I I don't see Addison as a particular path to glory when you started blackstone in nineteen eighty five you wrote that you had two big tailwinds the the US economy and then the unraveling of Wall Street if you were a young person we're starting a firm like blackstone today. Do you think they'd have the same sort of success well. There's a lot of ways to be successful today. There are other advantages you you you. You have the chance of borrowing money very cheaply. You you have a huge number of new technologies. Were were you could become an expert where perhaps somebody isn't and that's a path to success that didn't exist when I was younger so whenever you have a big robust economy and government's printing lots of money you can usually get some money because there's so much around and and the changes in the economy in structural changes now vastly exceed anything when I was younger just two years into your career you made made what you described it as one of the biggest investment mistakes or the firm did and someone an investor berated unit almost made you cry and you often talk about failures as opportunities to learn so what did you learn from that experience and how did that change your investment process going forward that was that was perhaps is one of the defining moments of of the ferment my career. We basically bought a company where two partners disagreed one thought. It was is going to be a big winner. The other one thought it was going to go bankrupt. I picked the first partner. We didn't have any processes. We're just sitting in front of my desk. I thought I was King Solomon at at the age of thirty eight. Guess what I wasn't and we lost our money. This was totally traumatic. Because it was our third investment. and one of our investors asked me to come in and basically started screaming at me and in my family nobody. Nobody raised their voices. I I never heard the raise voice in my household so that makes me very sensitive the two two meaning when what other people are saying in this case this was like some some some sponges speakers turned up uh definitely and I I I left this thing I I almost started crying. The Sky was was was berating me with good reason and I basically said this never going to happen again. We're GONNA come up with the different system. we're going to assess risk. We need something something different and so what we invented is basically what we use today which which involves a team doing a written presentation listing Aliskhan listing all the risks other factors and giving it to a group of people to read two days before so they actually don't don't get hoodwinked by somebody going with flip charts right in front of them and then we get about depends different groups different number of people just say for example you have eight people around the table and the team walks in basically part of the rule that we developed back then it's adapted a little bit now was that every person at that table has to recite every person has to point out the risks and how what the probability of those risks should be in their view and how bad it would be if that happened and it's not about watching one smart person. Jason interrogated team and having seven others the a paid audience. Nobody's an audience and if the people who bring bring the proposal realize that they are basically going to be intellectually filleted every time they come in the room then it's never personal because it happens every time and it makes the team be much better prepared and it makes everyone who's at the table much better underprepared and then there's always questions you send them back. You do the same process again. By the time you finish. We have quite a good idea Kia of what the prospect of loss could be. There's real prospect of loss to it and then we price the deal and if we buy Elliot. It's not the fault of the team if it doesn't work out all the reason it isn't their fault about ninety percent of the time. It's one of those three variables one of those three risks that happen and we knew it was going to happen but we didn't think it would really happen or we didn't think it would be so bad and and so the team has the security of knowing that it's it's not their decision and it's not even their assessment of whether we should go forward. It's all of ours and so that way it's it's very secure fun here and lifetime learning and we're all exploring Lorde together and and that's what I learned that was the biggest change in our business was realized I wasn't so smart. I needed he's everybody. He said he said that psychology is one of your greatest strengths as investors at the characteristic that sets you apart but that's really helpful because my math isn't very very good as S..

blackstone US army Europe Chill Public School Lehman Brothers Steve Thera- mazing Forbes representative Lou Glucksman principal Audi Jason fever Emperor Club King Solomon
"blackstone" Discussed on News Radio 920 AM

News Radio 920 AM

02:27 min | 3 years ago

"blackstone" Discussed on News Radio 920 AM

"Care says the Blackstone valley neighborhood health station dedicated to enrolling ninety percent of central falls residents Michelle Carter asking for the ears of the U. S. Supreme Court to review our manslaughter conviction for coaxing her boyfriend kill himself your call Carter was convicted of involuntary manslaughter in twenty seventeen over her communications with Conrad Roy Plainville woman's attorneys want the nation's highest court to review her conviction on first and Fifth Amendment grounds Rhode Island governor general mondo is is saying no to a bill that could have affected your auto insurance in a big way that legislation would have allowed for an insurer who declares a vehicle a total loss instead of paying for repairs to be held liable for three times the amount of damages the bill had lots of support from the auto body industry but opposition from insurance agents president trump is signing off on it emergency declaration for California after those two powerful quakes and hundreds of after shocks at the Stade declaration opens up federal aid a disaster relief from tweeted he's working closely with California's lawmakers meanwhile after plenty of push back on this year's event from says he's playing the host another of fourth of July event on DC's national mall next year based on its tremendous success we're just making the decision and I think we can say we've made the decision to do it again next year president made that announcement at the White House yesterday later in the evening he was a joined by patriots owner Robert Kraft they said at the same table at a U. S. treasury department dinner craft among a group of business and government leaders invited was ready on nine twenty one oh four seven FM sports former patriots linebacker Tedy Bruschi says he's recovering well after suffering a stroke on the fourth of July he also had one back in two thousand five that's first baseman Pete Alonzo is the twenty nineteen Major League Baseball home run derby champion he walks away with a million Bucks just the second rookie to ever win the derby the first Erin judge from the Yankees the all star game takes place tonight in Cleveland progressive field level ten rolls on today with out coco golf her historic run is over the fifteen year old American loss to Simona halo Monday's round of sixteen good news on demand twenty four seven news radio all right dot com now were wrote islands news traffic and weather with Ron Saint Pierre on newsradio nine twenty and one oh four seven FM Rhode Island news traffic and weather we've lost a dear.

Pete Alonzo Cleveland Erin Baseball Major League patriots Rhode Island Conrad Roy Plainville Blackstone valley Ron Saint Pierre Yankees Michelle Carter Tedy Bruschi Robert Kraft White House DC California trump
"blackstone" Discussed on News Radio 920 AM

News Radio 920 AM

02:26 min | 3 years ago

"blackstone" Discussed on News Radio 920 AM

"Care says the Blackstone valley neighborhood health station dedicated to enrolling ninety percent of central falls residents Michelle Carter asking for the ears of the U. S. Supreme Court to review our manslaughter conviction for coaxing her boyfriend kill himself your call Carter was convicted of involuntary manslaughter in twenty seventeen over her communications with Conrad Roy Plainville woman's attorneys want the nation's highest court to review her conviction on the first and fifth amendment grounds Rhode Island governor general mondo is is saying no to a bill that could have affected your auto insurance in a big way that legislation would have allowed for an insurer who declares a vehicle a total loss instead of paying for repairs to be held liable for three times the amount of damages the bill had lots of support from the auto body industry but opposition from insurance agents president trump is signing off on it emergency declaration for California after those two powerful quakes and hundreds of after shocks at the Stade exhilaration opens up federal aid a disaster relief from tweeted he's working closely with California's lawmakers meanwhile after plenty of push back on this year's event from says he's playing the host another of fourth of July event on DC's national mall next year based on its tremendous success we're just making the decision and I think we can say we've made the decision to do it again next year president made that announcement at the White House yesterday later in the evening he was a joint by patriots owner Robert Kraft they said at the same table at a U. S. treasury department dinner craft among a group of business and government leaders invited was ready on nine twenty one oh four seven FM sports former patriots linebacker Tedy Bruschi says he's recovering well after suffering a stroke on the fourth of July he also had one back in two thousand five but first baseman Pete Alonzo is the twenty nineteen Major League Baseball home run derby champion he walks away with a million Bucks just the second rookie to ever win the derby the first Erin judge from the Yankees the all star game takes place tonight in Cleveland progressive field level ten rolls on today with out coco golf her historic run is over the fifteen year old American loss to Simona halo Monday's round of sixteen good news on demand twenty four seven news radio all right dot com now more road islands news traffic and weather with Ron Saint Pierre on news radio nine twenty and one oh four seven FM Rhode Island news traffic and weather withdrawn say.

Tedy Bruschi Cleveland Erin patriots Rhode Island Conrad Roy Plainville Blackstone valley Ron Saint Pierre Yankees Pete Alonzo Michelle Carter Robert Kraft White House DC Stade exhilaration California trump president
"blackstone" Discussed on Biz Talk Radio

Biz Talk Radio

04:02 min | 3 years ago

"blackstone" Discussed on Biz Talk Radio

"Went to work. With your mayo global, it's a Blackstone polio company giant company, they created the muscle stimulate. When you go get when you go to a physical therapist. They put the muscle stem. I move those around. Greg. Greg says, well, here's the deal. I know you like to ride a bike, and I know that you've been training indoors. So why don't you put those things on your on your legs and put your shorts over them? And then get on the bike while you're while you're riding here, by the way, the most painfully evident, and suddenly I turned into quads as a result of that. By the way, our right on your indoor bike is a four hour car ride. Yeah. Yes. I am telling you. I will show you next week. The Ray the guy I was bone on bone in my left the year ago October twenty sixteen yesterday. It was like is because we somehow increase the load, recreating, the inflammation. Correct. I'm not saying we grew meniscus. But I'll tell you what's something happened. I was slated for Nick I was at pre up yesterday, December the whatever I was supposed to go on the eleventh in Bowen surgery. He's going to pick me up on Tuesday. Take me home. We're free Tuesday finds awesome. You can buy them. So so, yeah, exactly. So I wanna talk to you a little bit about about this being the CEO of a company in the private privately held space for you guys. It's it's a matter of raising capital. It's a matter of dealing with the FDA. It's a matter of the marketing team. It's a matter of getting orders for you coming from that space. Obviously, the space makes sense. What about all the other orchestra stuff? You assets having great people around you. Right. So so you have to be operated. Excellent. Because the consumer expects everything to be right now or yesterday. Yeah. And so that's manufacturing the US manufacturing you ask because it keeps the quality control high, and we can review very responsive to the Martin. So so we do that the other part of it is is that we're an online driven business. So people want to know things instantly to twenty four seven activity for right, right? So that's where the world is in medical device companies aren't doing that. And so we're doing that. And because we're doing that. Well, we're succeeding in the market in the interesting part of it. If you think it turns to that though is as a privately held company. Yeah. You don't you don't have any commodity like stock to go out there and quickly raise capital. You guys have been able to raise money in the private sector just because of the story in the management team, which tells so so for us company is the idea to build the thing up and take it public or build it up and get acquire all the above you. Just don't know. Yeah. We're not sure what that exit will be. But most likely we're making a big impact on non-drug pain relief. Well, let's talk. He won the innovation innovative company the year award for the entire world up at the up in San Francisco and the consumer electronics has this ETA innovate celebrating van. We one in the year beat sixteen hundred entries and one hundred semifinalists to your phone. Didn't ring. A little busy Russ Russ want innovator of the year for this tire. Also, make some noise to mention. Closely. A lot more Greg. Made in the USA on the box though, next time. It's right there. It's right there right there. Yes. Asta wellness go online and pick one. I wanted to. You'll see next week. I'm going to have it one time. When you're gone. He's one of the few that can actually. Exactly. All right. From one USA made company to another USA. Tara essential. He's gonna come and talk to you about. Realistic. Why maybe your shampoo? You're so..

Greg USA Ray Blackstone polio Martin Russ Russ FDA CEO Bowen surgery Nick I San Francisco four hour