30 Burst results for "Florian"
Monocle 24: The Globalist
"florian" Discussed on Monocle 24: The Globalist
"Disney CEO bob Iger says the cuts are part of what he called a significant transformation. This is the globalist. Stay tuned. In Zürich, an alternative school is set to open its doors next summer. The private gymnasium appears to be run by Corona skeptics and will offer education without ideology that's in quote marks. Joining me now from Monaco studio in Zürich is Florian agley, who's a senior associate at faux house, the Swiss foreign policy think tank. Florian, welcome back to the program. Can you tell us about this new school? What is a values free education? Good morning to Gina. So it's not yet clear whether it's really, really open, whether enough students will sign up because they're apart at least if the group that is opening this school has tried before has tried before opening up a similar school and has not succeeded because there were not enough subscriptions. So let's see how it turns out this time. What's interesting to know is that it is basically a school that is equivalent to a high school. But it is a school that offers this high school path after the end of the official schooling. So after the official 9 years of schooling. And that's why it doesn't need an official permit. So there is no centralized system for this. You can basically open such as glue and Switzerland, call it whatever you want to call it and offer the types of lectures or classes you want to offer. So it's really quite liberal in that sense after the 9 years of compulsory schooling. I mean, that does seem to be a bit of a contradiction in that students will be encouraged to develop freely by exhibiting a wide diversity of opinions, but the school also proposes to approach history society and politics in a critical way. I wonder what that just actually means. Look, I mean, we'd have to see, I think some of these people have made themselves a name with quite obscure commentaries during the Corona crisis that compared the responses of the Swiss government and government to a dictatorship and we're proposing that public demonstrations were not allowed anymore. And so that the whole system would crumble if only people woke up. So we're really in this in this conspiracy field. But then at the same time, there are some aspects of this school which seem quite reasonable. You know, it's a no digital tools school, which I find interesting, so it's basically all analog. It costs 20 K per year. It's three years. And after that, you basically have to take the Swiss official and high school diploma, which is much more difficult than what other schools have. So we have basically a system where officially recognized high schools, they can offer their own diploma so you can basically study there and you get the official degree to go to university afterwards. And not recognize school like this one, you have to do the official Swiss one, which everybody, you know, also without going to school you can take the exam. So this exam is quite tough and we'll see if any of those students actually make it, right? So it's kind of, this is the watermark, right? So we'll only know three years from now if it's really a crazy school where nobody will actually afterwards make it, or if they also teach some sense of things. Well, value is free. It might be cost free it clearly isn't. I wonder just before you go about uniform, clearly they won't be wearing masks, will they in fact be wearing tinfoil helmets? Well, I'm looking forward to the uniform design. You know, maybe there is going to be an official tender for the design of the uniforms. And we'll see what they come up with. I mean, it's invented to it. It's only a ten minute train ride from area. We might go have a look. Absolutely. Florian, it's a date next time I'm in Zürich. That's Florian ugly of house in Zürich, and this is the globalist on monocle 24. It's 8 36
Epicenter
"florian" Discussed on Epicenter
"That plausible. And then I think with Europe, it's probably going to be, I mean, that might be even more extreme, no, because probably it's going to take years for even this kind of regulator to be there for this to go from the European regulation to then actually, okay, now we are going to try to enforce this go after projects. Some kind of decentralized applications that running on some blockchains that they targeting European users. Probably not, I mean, they're just there for anyone to use, right? It's not like particularly targeting a certain jurisdiction, but of course there will probably be many European users, right? Just by the fact that a lot of people in Europe were strongly to see how that actually plays out. Yeah, I think the danger is of Europe becoming a digital backwater. A stain staying one, maybe. In the sense that the U.S., China, maybe not that much, but maybe other regions around it India looks more promising. I just recently been in South America and was very, very blown away by the crypto adoption Brazil. So there are other really big regions, not just small countries, you know, who played this game always with regulators. But big regions having a totally different attitude to crypto. And I think them embracing this and Europe staying not staying in even becoming more hostile than now by really implementing the laws as they stand now and forcing them to some extent even of course if I agree with you that it can always ever be them doing examples almost communicating publicly, how someone receives a fine, maybe a very high fine. They can not go after everyone, so they try to send signals like this. So if all of that happens and the other big regions have a different story, then I just think Europe misses out and will in the end implement just like today already all of us in Europe are using U.S. dollar denominated stable coins. It will be all other kinds of innovations will be tied to, yeah, and maybe a U.S. dollar or to companies or treasuries outside of Europe. So I think this is the real danger of Europe falling behind. It's not that much that DeFi would stop existing. I don't think Europe even has that power. Another perspective though on this to me is that those regulators in a sense have been around longer than us. And they've seen other supposed revolutions before and they've regulated them and it all kind of worked out. And I think they're looking at it a little bit like this. Maybe we are underestimating or overestimating the effect of regulation. Who knows? But I think rather were there on the estimating is just the nature of crypto and how disruptive in a sense it is and disruptive is kind of what does it even mean, right? It really means that crypto gives us an opportunity and in particular regulators and lawmakers to restructure some basic things in this society for its benefit. And I just don't know whether they will be able to see this in time in Europe, but that's in so many words. What we are really trying to tell them. And you need to really benefit from crypto, you need to attack the data at a more fundamental layer than just looking at, okay, same risk same rules. That's what we always hear from Brussels. And of course, it makes sense on some level. You can not have the financial world, the traditional financial world, you know, follow all those rules and then encrypt all you can do whatever. This is obviously not what it is about. But I think it's about acknowledging that decentralized financial applications, they just take care of the financial needs of people who have been vastly neglected in the past by the traditional financial system. It's just accessible in a totally different way. You need a mobile phone pretty much and that's it. You can start using crypto assets. And there are a lot of people on this planet for which this is everything they can really actually master in terms of access material. They don't have passports. They don't have bank accounts or credit history. So acknowledging this fundamentally would allow Europe to really, I think, take advantage of this at the moment. Yeah, they may be creating this digital backwater by creating at least the illusion of a ban, even if it is not even if you can not properly enforce it. I may agree with you there. Actually, you mentioned you mentioned before other topics coming up and you mentioned the topic of tax and I've been thinking a fair bit about this topic of tax because to me it feels like actually quite a different beast in one particular way, right? So when you talk about, okay, regulating DeFi, right? You're talking about, you know, these regulations are targeting the protocols themselves. Even though they can't maybe paradoxical, but the protocol, so crypto company, so things like that. But now with tax, well, now you have people using crypto and buying and selling crypto and their staking and maybe they're buying NFTs and they're doing.
Epicenter
"florian" Discussed on Epicenter
"And with that, welcome Florida, it's great to have you back on. I'm super happy to be back. Thank you for the invitation and yeah. I think it's about time to talk about legal again on this podcast. Yeah, yeah. I mean, there's been a few legal episodes. I think between the last time we had you on, you know, when I was looking at, okay, it was like just over 6 years ago, a long time. I think we were actually speaking about the doll. And just lock it down. I think it was called, you know, I guess it was before it got, it fell apart. And speaking kind of about what a smart contract and illegal contract context, I think you know one of the topics was could you sue a doll and, you know, how does that fit kind of interior? Now, of course, it was questions. I think 6 years later are not resolved, even though decrypt the space has progressed tremendously, but I think legal and regulatory uncertainty in question still hugely important and a huge topic. Indeed. And it's interesting because the space has grown tremendously since then. And famously the Tao failed, but now 6 years later the house, I think one of the hottest, most interesting, most vibrantly developing aspects of the crypto community at the moment. And so it's really kind of cool to see this full circle. I also saw, I think the founder of argon say, yeah, we were pre product market fit, essentially for like four years, but now in 2022, the world is catching up with this vision. And I think a lot of the questions we touched upon 6 years ago indeed not answered and actually now I think really being considered by much more serious people than me. So regulators actually and yeah, also lawyers in big law firms, you know, now having clients with maybe cooperations or startups alike that say, hey, I want to doubt, make it happen. And so yeah, I think really a good time we need to come together here again and look at those developments and try to understand them. I went back to this original episode we did 6 years ago and I have to say that I was so clueless looking back about what this all really meant. In the sense we all were and so yeah, I just think it's good to talk, but in law, nothing seems ever final. But then in crypto also everything is changing so fast that it's really hard to keep up. Cool, that's interesting. I'm curious when you went back to that old episode. What were the biggest things where you felt like, oh, I was so wrong about this. I think my main problem back then is that internally, I liked a really clearly defined use case for Taos. I obviously we saw the doubt. It was kind of this venture investment thing somehow. But I was not clear how this Tao would now invest into classical ventures, which in my view at the time were not really doused, but startups as I knew them. And so what I definitely did not see is that Ethereum quite naturally now looking back, but at the time I didn't see how Ethereum would give rise to this layer of decentralized exchanges and lending protocols and how those protocols by virtue of being decentralized would need some interesting form of some functioning form of governance that now ends up being those dials. And yeah, looking back, it's super obvious in 2015 or 16 when we did this episode. I didn't really get it. I just have to very honestly admit. Right, that's a good point. Yeah. Yeah, I mean, I also remember and I was involved in Ethereum also kind of at this very early on. And the thing that also is like in retrospect seems so obvious and that I miss with just the ability to basically fund the development of applications, smart contract applications using tokens. Even though, of course, you had Ethereum itself. It's through selling the token, but that you have the applications on top, leverage the same mechanism. Now it seems totally normal, but it seems so obvious looking back. And I think yeah, just like we have assumptions today, they will seem ridiculous in 6 years from now. But that is what I love about crypto. It constantly challenges your assumptions and you can never rest on your laurels or you know what you think is true. I currently have this kind of grand theory now because of all those kind of things I didn't see. That says we're in kind of the third phase of crypto evolution where the first phase was the development of the settlement layer itself. So first Bitcoin then Ethereum so the layer ones. Now actually there's layer twos in the mix which really scale the layer ones. And then what happened around I see diagnosis ICO is kind of the maybe the kick-off for it was the emergence of this token layer. So ICOs, new crypto assets that we're not building their own blockchain, which is building services on top of blockchain such as Ethereum. And I was a part of this, you know, as much as you and anybody who's been in the space, but I always found a bit like an observer because I don't see myself as this big finance genius. And so I was like, wow, okay, super interesting what you're doing there. But understand, you know, 10%. And now in the third phase that I think we're entering, it's actually the financial plumbing is there. It works. It's great. Uniswap, you know, you can use it. It's just there. It's about building institutions that use crypto for something that is not really about crypto in the first place. So this is more about society related things. That we either have or should have. But if we have had them in the past, somehow the institution that was running them, maybe the government kind of let us down. And my favorite example here is maybe a CO2 price, which to this day I just don't know what is the price of a ton of CO2, and I don't think it's actually globally harmonized..
Aaron Mahnke's Cabinet of Curiosities
Madame De Florian's Abandoned Apartment
"Do flurry and lived in a fifteen hundred square foot apartment for most of her life. It was located near the red light district putting her right in the middle of the action during the bell. Talk sadly to flurry and passed away in that home in one thousand nine hundred thirty nine. Leaving on re to handle her affairs he then began living in the same apartment himself along with his own daughter but she fled paris in one thousand nine hundred eighty two and moved to the south of france in doing so. She left her father and the apartment behind her and never looked back. It was believed that on relive there until he died in nineteen sixty six. But even that wasn't enough to bring her back for a visit despite not once returning to the property even after her father's death she chose to pay the rent each month for the next forty four years. She died in two thousand ten at the age of ninety one with no one left to claim ownership of the apartments nor its contents it was opened up by the executors of her will to a local auctioneer and what he found albeit under a thick layer of dust astounded him. The apartment had been untouched for decades. It was filled to the brim with elegant furniture. One hundred years old or more in the bedroom. They found a four poster bed complete with canopy. A massive vanity had been tucked into the corner on top of which sat empty bottles and cannisters as well as an array of hairbrushes in the kitchen glassware pots pans and cutlery. All of it's still in place as though it had been waiting for. Its owner to come home. There was a giant stuffed ostrich in one room along with some mickey mouse and porky pig dolls all made before the second world war and artwork paintings of all shapes and sizes hung on the walls. Some had been leaned against furniture. And we're even seated on chairs across from each other like they'd been having a conversation. The peace to resist however was one particular painting. The portrait of the apartments original owner. Madame de fleury on painted by the master of swish himself. Giovanni bodini in the end. It seems the auctioneers hadn't unlocked in apartment door at all. He'd unearthed the time capsule that nobody knew had existed for over seventy
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"How much money would give them. They would always compare themselves to somebody who owns some. They don't and at one point you reach a point life where it's not money as limiting factor but time because if you have all the money in the world still you cannot own everything at the same time and you cannot do everything at the same time you cannot live everywhere the same time which is once again very off. No first world problem passing. What say no to everything that you don't like to be able to say truly. Yes what you really want and what you really want might not be the money might be what you buy with the money. And once you figure that out maybe you're looking for a straightway there if all that you want is to to to to live somewhere at lake go fishing as much as possible and you fake. You may need to make enough money so that you can go to four thousand and everything that goes with it and if it's if it's not the luxury of the big house that makes you happy but the living at the leg and going kristie as much as possible. How well how would it be if you're looking for a direct way moving into a tiny house at a beautiful lake. You're doing some jobs online. Maybe you just creating a course about fly-fishing. So you do the fishing thing that you have to be happy or if you if you learn to be happy with less money. But they're for you gain what you want to buy with the money anyway. It's bypassing the middle. The middle step a lot of times because as you say most people with them now really cleared. What is the. We won't how we want to live. So then it's harder for us to get there. I'm wait we think. Instead of thinking creatively and laterally we think on that one path. I need that money to get to that place. And therefore times then by the time the sun people get to have that much money in bed they are wanting for that they want to have the time or they are going to want more or whatever. It is so much that to impact on on flow. I'm aware of time because we're just going to see the the sun's coming up. We are recording that podcast from switzerland to museums Like the opposite side of the words. The senate's coming up for drying salving down is one thing that for for our listeners or wet let's put it this way After the podcast you tell me one thing that you want to go want me to go at a deeper on. And then i put it on my website. Simplicity of happiness dot com slash conscious action. And i will put a secret links and nobody else can get it and so our listeners can kick on their record a little video going deeper on what my personal view on how to achieve something. Step finally bonfire them. Our world court On the lincoln on the link of data on the comments clearly so yeah everybody has access thank you so much flow for taking the time for the sharing some of your life. Journeys of your understanding. Love this competition on looking forward to mortar conversations. Yes yet. I hope that was something Meaningful for for our listeners..
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"I'm talking about bringing awareness to my life. So it's actually what you're saying about that. Dan conscious are the yacht is what i min about. Conscious make us. I believe that most people are living. I loved and they are not conscious sexually doing. when they bring their awareness to the forefront. They exited connect with the health. Win the unconscious. Unless i'm what they really want to do is an intensive the money. Yes it's a lot of times unborn What's enough from what's not money. It's it's it's a medium Tool for things in in life yet people just about having money and everybody's free to the whatever they wanna do my opinion. I'll well in my opinion. Whatever if they tried to kill me or safe. But i mean yeah. I wouldn't appreciate it but they are free to do what they want. I think everyone is free to were. They want and there. There is something that we are condition in different ways. The model we work as a society to become less condition on some of the systems that have been working for the last hundreds and thousands of fears to not work properly. I believe that we will start to get back. The woods sexually natural not what is normal. What is nuts from on what Everybody is a loving caring kind person. An when we get to the place then we will all work mark. Hi civlian an integrated with each other Loving way now. One thing that people told me about my my my coaching on my coaching efforts the flow. You're only addressing first word problems. You're not doing anything for the healing of the planet of the human race whatsoever. Because if you tell some rural villages in east africa about this whole simplicity of happiness and if they just don't having money to eat it's nonsense what you're telling them and i was thinking about that they might be true but i'm what i'm what i included. My coaching says mainly addressing people who are unhappy because basically they already have enough no because they already too much.
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"That's Because i wasn't able to complete its moment for what. It was embiid prison than than i have something that i'm covering over with me out of the time when you are talking about conscious but consciousness bringing something to the conscious. The first moment that i that i saw that i was not sure whether we are talking about the same thing. Or if it's a If we are the same page with us. Because i experienced that what is much more magical bigger. And when i'm on his defining my life is not my conscious mind. my unconscious met so when i do the coaching. I'm not interested at all in your conscious. Might because i think it's misleading you because it's it's it's thinking like like an exit she to it's putting things together and ended and it's adding that minutes missing so many other dimensions whereas if you are if sometimes there are these moments when you are humble the feeling goods for example we have Well as i said before we are living in the mountains we have. We have a hotel outside so that you can fire it out with with some wood and you can sit there in the middle of winter. So it's freezing cold outside. You have the the star spangled sky about you. You have this wide glowing mountains in the middle of the night you have to smell of the wood you sitting in the warm water and very often when we have friends. Stay while if it's possible. There's a moment when they are so aware often how small we are. How beautiful and how big the world. The universe you can see falling stars every couple of minutes and in in moments like that very often when they say something. It's more so much more meaningful because all of a sudden it's not the trucks conscious. Mind but they talk from their heart And i think that when we the people we talked about in the very beginning of the paper water focusing on the success of focusing on the more and focusing on business very often they are losing their heart disease where all of our motions and in the end. It's bad it's thought about emotion. You said something about a about the money before the money in the success that you can. What is it about having all that money. what what. What four if you lose it anyway. It's not south Going back to the world conscious on mine and effort and this is one of the fascinating things about words. We might be facing same. Bob will mean something completely different for me. Actually when i'm talking about conscious unconscious action..
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"And what happens if off a sudden in my life and in our society and our economy life would not be about having more but having enough and one question that's really stuck with me. S or one say you can never have enough of what you don't need in the first place and if all that excess stuff when if you don't need it how can you have enough of that. So what i try to do At tried to give everything. I own a purpose first of all. I tried to get rid of everything but i i played a couple of mental games was myself and a Was that for every new item. That i bring into my life to get rid of two of us so at a certain point get a bit tricky to buy something new because a realtor decides to give away something which i which. I really need it. So downsized ninety percent of the stuff today And after that. I realized for the first time. What i own an relate Ninety percent of what i still. I don't need so. I get rid of that s wet and then i lived basically out of a baked pick for for for years and even today so if you would look around me right now you would see a lot of stuff's just so a couple of power tools. Snow choose skiing boots and then all that skiing equipment but i found out what. It's a bit if you'd having a really active life if you're living in buttons on zimbabwe you can have the same shorts every day. You need a bit of equipment. That realized do i own it to own it own because they use it and use it and i have no problem. Sometimes i find it easier to own some things because all of a sudden i can take my own decisions. What i do with it and so it's easier than renting because if you rented maybe after Shape that that that you receive it and if you're really using it maybe it would break down for south so for some things. It's easier to buy them that. I have no problem at all the opposite that i enjoy sharing it so that all that i own a somehow in us and what my My friend to tony to told me Where right now. Almost ten ten years ago he. He sold me a japanese coffee coffee That he received from the the whether the chief monk in the monastery that used to live in. Those zen monastery in Tokyo.
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"And i'm drinking on a i enjoy it so much most of the time. I'm thinking about something else that being in the present moment because it's always know now friend of mine keeps saying well. Yesterday's history tomorrow is mystery. All we have is now does and now is always and for me. That's so difficult because i- overcomplicate things. I worry about something that i i agree because of something already helped and i worry but it didn't happen yet instead of just enjoy that i'm a life at the moment. That's something actually. As you're saying one of the best gifts that i've been given this. Life has been del productivity to to learn that tools that the naval mid to get back into the present on being present in the present because that allow the shifts from stressing out all the time about that she would say what coming before what. I think that will happen off. The hypothetical scenario soft. The things that i wish i would have. I would have done or the things that i didn't do or if i turn the Dot that. I said that thing and once i was able to get back to the moment that disappears. Yes my mind. It's still rain tricks of may still going there saying that. Hey brian here. Staying with the present moment is one of the most important things one of the things that i'm dip the grateful that i've been able to to have an understanding of how to get to that place. Hello brian you have enough money in your pantry forms. Did you save enough money for tomorrow. And you know one of my one time with one of my teachers we were talking about some of these things in our heads as a human living in this modern world. How do we balance out living the person with a him because and this comes a little bit from that might training him. Buddhism is that. I don't know when i'm going to die so i might dire tremendous or whenever that teachings of that are so important because it gives me understanding of how precious might life isn't how do i want to live my life if i have that reminder that everything is in permanent gone in a moment but at the same time in this mother world. What happens if i done tonight. I need to pay rent tomorrow. I need to have the money for the flu or something. That doesn't require money but it's another way of exchanging gullion fully covered by. We need some kind of forward thinking. My teacher once said something that has always stuck with said be But don't be stupid. What i was sound came to my mind. Right now was Plan like you live forever lift like you like your diet today that you basically you don't need to need to worry there to to to other sayings that came to my mind. Why when you were talking that issue about having enough.
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"As you said. There's that disconnect between what most of us are one thing to do on a daily basis how we want to live our lives but how we are actually living them. I'm this is one of the things that i that i did. A ni- nine tried to shared us much as possible with mike. Planes is why waiting until we can actually do the things that we want to be doing. He asked if i wanted to be as you saying. What can Fair if i wanted to be out in the if i want to be out in nature. What is in the wife from doing that. And it doesn't mean that it's easy to do that. There will be in but just you know being able to think do i need to be single day work in office making money just to be able to pay for the things that i'm buying because they have more money or connect what i needed because i'm away all day and i'm in that office office today. There was one is slow down and go to the simplicity simplicity. You said what it may be. It may be not easy to go that route if you step back and from the outside the lives that most of us choose and the life that i chose before in fact wasn't easy i was just used to that because we we i used from school. That the Day the you go to some kind of institutional suggested from chair you stay there then you have lunchtime go home and then you do this too but it was wearing me out. It wasn't easy. I just created this headaches and micro habits that i that i was doing the things i was doing without thinking about it and what became so difficult for me when i'm staying at home so right now i'm i'm at home. I'm looking another huge mountain front in in in in front of me But what. I have to set everything up here so that you have minding my my mic screen. So that you don't see that. I'm sitting in my my sleeping woman which is just the most sunny ruling in in the house so i like to stay here but all of the sudden you have to make these conscious choice. What would i do..
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"What makes sense and rational means you can write it down in excel sheet fro con procon on on twenty willing to do and sometimes the list clear and did well. Maybe have to do that and i. I took a lot of these decisions and in the end. I just i just wanted to get through it. I wanted to become successful rich and famous so that i can leave of that behind and finally doing what they really wanted to do. And then i remember one morning By our working for the oldest business in the world ese. Peer career search Korea advice for the students and the former students can the escalation An iphone what these are the best trained people in the worst day They have the blue chip ticket in their pocket. And they are all making more money than i probably ever will. And i didn't find a single person with Like it glowing heart so they would just all performing and hoping for like when they retire. And i was sitting in the cafe in in berlin fury side in the sunshine because i had the heaven to go to work later later later incident. Just sit there work in the because transplant everything for remote. Because i was working a lot. With the paris-based association. I will listen berlin and most of the alumni were looking somewhere in west germany or maybe abroad that means i was on the phone or internet based anyway in this Don't have to dark office and stay here in the in the When the cafe can coffee to selected people showing by sunshine some treats in front. I really liked this. Nfl imagine that life. And then i thought well why why not and then it was the most scary question that asks the myself this immense somebody would keep paying need the money and all i need to do is proof to them. Once a month that i'm.
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"Hugh have been such a great listener. You gave such good advice. Could you help me. All of a sudden i realized what i'm more most interested in is helping people not helping businesses. I wanted to do the coaching. I wanted to bid real and lasting relationships was the people. And i thought i don't have the skill set for that yet and then i the were. Some a struggle flew years. Because i wanted to build up at segment for our company because so far we were only addressing the company's placing people in the. Yes perfect if you're in an up market and what happens if you're in a down market and then we could talk to the high professionals that to the professionals that we replaced before maybe they can pay us money so that we can have swift transition period and my idea was focusing more on One who you wanted to be who you want to become And i realized that now. That's quite interesting for our show. They were acting mr conscious minds and they left out there unconscious maps and all of sudden i had these these family fathers being in their fifty s. Not seeing their kids at all. They had the big house they had the gun off. Scott of sudden realize they ask cat to death they make millions before but they re invested them into multiple yet multi millions and so they had a really big credit line and all of a sudden they were. I realized they had a lot of money but they were not rich. They were rich in credit because they took two more credit than they had than that they had money for. They were making all these union connections. And this is when i started to Well do the first tradings as a coach. Because i said i want to become people i want to become coach and then that step that shifted and i realized i am absolutely unhappy in berlin. I'm a. I'm a brain hearst myself. I forgot my heart somewhere on the road. I did not get along with my wife anymore. I did not see my apartment because that was always out working. If i was at home i was fighting with my wife and we got an. We got into big trouble. There were things that stay private. I came to the realization. I fucked up my life. I didn't do what's that liked. I had my. I had my suitcases fulfilled with a taylor tailored suits. And i had twenty twenty twenty five. I don't know how many how many times i felt unhealthy. I felt i felt like i. I lost my dreams. I had been on vacation forever. I wanted to be out in the nature of the dirt. I had the idea that nobody's understanding my feelings and the mood or i did coating the more i understood. Well i tried to be rational. This is what i learned in school and for my environment. You have to take rational decisions..
The Conscious Action Podcast
"florian" Discussed on The Conscious Action Podcast
"Were two journeys somehow intersecting or maybe like this or this meeting point looking back at my youth. At my child my mind was full of dreams. And when i read about this an all these adventures books and I thought about well one day of that. Have a a cool job. I'll be a doctor. Sarah gedi or a mountain climb bar or i have What i'm doing something in the great plagues or the rocky mountains are traveling australia. Something like this guy. And then i learned to fit in my parents my environment mice school. Everybody told me you felt something you have to play with rules. And i liked rules if i agreed to them. I don't like glued if somebody just put them there and nobody can explain to me. Wasi schools exists and during all of my school years. I could pretend that one's a grown up. I would break out and i will do my own things but now i have to somehow but then at the end of school offers sudden i had to take an own decision and all of a sudden it was too. I didn't do what a what a dreamt off. Because when you grown up right now you have to get up my money. No you have to get a degree. Yes study and it took me. It took me a wild through colo- bond that moved to berlin and then in in berlin they get. I get suited job. I money i. I married pretty woman. I had my my penthouse so to say in In berlin pesto back which was quite hip. At that moment. I move there in two thousand four And what it was full renovated. I had a terrorist. I could have you over berlin sauna in my bathroom. All of that. I was basically going to bed was matana was tapped in the international finance industry. I started there as a researcher and my my former boss she recognizes immediately that quite good with words and so she took me to the client. Some clients like me. When i was i had no beard long. I hit to at normal air and our ideals. That was very my. My taylor suited She was she was a lady ten years older than me so we will very good camper and we made. We made some good money. And i was. I was sitting on the plane two or three days. The week i was going to frankfurt a law. I was wet the skyscrapers bangs. Everything and i thought about sweat making make making big money scaling businesses and all these people these were because they were all in the banking industry. They were financing these bake Redick state deals company deals in europe. And well if you paid qilya benson as an moved to in two thousand and four. And then i went into the head hunting Banking industry financing rita state. Something happened two thousand eight lehman brothers. It took the whole market down and by that time. A lot of people called me that i placed before and they said flow..
Data Skeptic
GANs in Finance
"My name is florian. italy. I'm a recent graduate of the university of applied scientists in the field of engineering and management with specialization on industrial engineering for listeners. Who aren't familiar. Could you share a general definition of what is industrial engineering well. Industrial engineering applies to often optimizing in trying to improve on industrial processes of various nature. So it's actually an umbrella term for a lot of stuff well. I'm a little bit surprised that someone with an industrial engineering background would know about generative adversarial. Networks it's a very contemporary new idea in computer science. What about your background. Got you some exposure to this topic. Flora graduating at jeet. Some projects on time series. So i ended up being very interested in financial time series and that kind of stuff so when it was time to do my bachelor thesis i actually migrated to a more of a financial mathematics fields in my university. Although my titled will still be industrial engineer engineer. I think my work gravitated towards more of a quantitative finance field in my exposure to quantitative finance. I've always found it to be a very numerical heavy computation. Heavy stats driven. Approach that those are the methodologies that get picked not so much machine learning although that's been transitioning what's your perception of the field and its adoption of machine learning techniques. How far has the pendulum swung the other direction. Well what i see is right now. That's a lot of new firms and you if it's a hedge funds are new. Research teams inside of peak. Financial establishments are moving faster towards is new type of modeling. But i would say yeah. Historically banking as finance hasn't been exactly as machine learning focused as it is now or as it starting to be. But i would say that depends Probably have swung. Based on increasing computational power and the improvement of this kind of machine learning methods overall elsie
AP News Radio
Britney Spears Can Hire Own Lawyer in Conservatorship Case
"Singer Britney spears has a new lawyer of her own choosing to represent her in her conservatorship that has overseen her personal and financial affairs since two thousand eight R. marches are a letter with the latest pretty spears fans gathered outside Los Angeles Superior Court won't inside judge Brenda penny approve spears hiring former federal prosecutor Matthew Rosen guard to represent her can he rejected Russian guards request to remove spears's father James as her conservator spears told the court by phone she wants to charge her father with conservatorship abuse saying she has been denied coffee a driver's license and hair vitamins James Pearce's lawyer Vivian Florian says for the past two years James has only overseen his daughter's money not her person
Invest Like the Best
"florian" Discussed on Invest Like the Best
"Think if there were more alternatives have companies that we could partner with to outsource some of these things. We would many times because it still isn't as development as competitive market like united states loved. These markets just haven't been tapped into export and so there is no companies that we can work with and we have to build it ourselves. Thousand twelve Built the first company. They weren't even payment gateways We used to integrate directly into the acquiring companies to process agents are on our e commerce stuff like that obviously than time gets a little better but it's partial necessity in also opportunity with fintech specifically has the mortgage products on the buyer side on the seller side. There's a lot of interesting syntax store business. A few of them believe home equity line of credit many times someone selling sixty percent of the time they wanna buy another place but forty percents of the time they just have another capital requirement that they're working through and that is a lending weight also products such as sale leaseback for a specific audience specific population in which is also a product could work or rent to own products for each of these. There are two or three venture backed companies selling model like in the states and for us we think that eventually with our potentially features of our platform that would like to explore also. Because nobody's building since we don't just doesn't this. How do you decide what to do next. Orient ourselves today. You guys are having a meeting together and as leaders of the business. You're trying to prioritize what to tackle next when there's so much that you can potentially tackle given the market how do you build a roadmap like what skills have you learned their across the several businesses that you've built that you're applying to loft. It's probably the most challenging things in this. Some opportunity set but i think in pain points can a building around what the real needs of the customers are and again finding the homar identifying the home in a curate in assist fashion. Certainly number one figuring out how to pay for it number two in from there on we do look at what are other needs that we could be facilitating in that. The largest possible set of consumers are worrying about and where we don't find other kind of good digital technical alternatives in the market. We are pretty aware of what's going on in the ecosystem. In general we have made acquisitions in the past as well investments in acquisitions into companies every single product decision becomes kind of organic product development. We employ inorganic strategies as well. But it's basically that it's following the bread crumbs that the consumers leave in front of us as they basically do their most the analog journeys today in when we feel confident that we can create a pie. nps digital alternative to that current pain point florin. How do you think about the value proposition to customers. And how you market so you've had ability to build a big brand in your market pretty fast ridiculously fast. What about that is intentional. some of this is just. Your product is really getting very different from the incumbent solutions that people take notice and they tell their friends about it. But what is the more intentional way that you try to build awareness and market the brand to the populace like monta said with the market opportunities that we follow the bread that the consumer leaves behind from a brand standpoint really what we talked to his pain points that the consumer is expressing. I think from the very beginning. We tried to make sure into invest quite a bit of resources into understanding where those consumer payment points lie and we feel like we have a pretty good grip on them today and then we try to cater the brand and the value proposition of the platform towards those pinpoints and ultimately it's really a discussion around convenience safety and confidence in a way predictability transparency and having very good Support that way is what drives what we're trying to do as a platform but then also as a brand and i would say that. That has been quite intentional. From eric beginning and very much ties into also what we believe is like ecommerce like experience. Like all of these pain points and slash valley propositioning that. I just mentioned within automatically. That's what congress brings the table. When i think we've been intentional with that from day. One what have you learned about business building. Just generally speaking having been repeat entrepreneurs. What are the top lessons that you learned early on that you've brought to this latest experience building company curious. What both you have to say here. I'd say the some of the top lessons have to do with pacing. I think that even as the first time entrepreneur intuitively. You end up making a lot of good decisions end. Making mistakes for can have situational reasons. But i think that in our case at least first time around. We had a lot of good intuition. We didn't have the right pacing. So for example wind really start to build foundational pillars for your culture and the fact that that starts from day one is something that we didn't realize the first time around and certainly corrected for the second time around heavily investing into culture heavily. Investing into really being intentional about the type of people that you hire rather than just purely hiring four necessity adding. That was a big topic for us. I think just generally really trying to make sure that whilst you're operating at warp speed on a day-to-day basis. Make sure that you give yourself time when you do have some time off. Give yourself time to plan and plan your pacing around execution. Plan your pacing around hiring and really make sure that you take decisions about when to course cracked when not expect at the right time. I think that first time around you have a lot more reticent to make tough decisions sooner. I think second time around you end up making tough decisions radical decisions. More quickly doesn't mean that you still don't often times make those decisions delayed but you make them less delayed than you would be doing them. The first time around. I think frankly for me. At least from first principles perspective were bullying the same way that we used to build ten years ago. Were just much much better and much more. Precise and setting are pacing and making sure that we basically reduced mean error rate rounder decisions for lack of bad timing. So i think for meeting between the first company in the second company really the key insight was really around ambition so the story. I like to share his the following. When we started. I company about the same time company will start in japan doing exactly the same thing that we were and. I don't think we've mentioned this patrick. Prefers company was kinda like an online printing company similar to vistaprint. Us actually open ended up for crying the company but after seven years we sold the company for an interesting.
Invest Like the Best
"florian" Discussed on Invest Like the Best
"About your business model. So if you're buying homes and then selling them where's the money made. How is it made. Like what determines good for you when it comes to earning revenue from being the platform that manages these transactions think that the most relevant parallel here is to traditional ecommerce. When we talk about buying turnley actually call it our one p pillar so we call it our first party pillar when we talk about. Marketplace listing soliciting that. We ended up listening in our portfolio but not acquiring on sheet. Were not running the risk arthur party. Listings if you think about amazon having their fulfillment centers in having their first party supply in those fulfillment centers but also having a lot of third party. Gm third party supply that flows through the fulfillment centers in his fulfill bad amazon. That's really the way to think about our business model or new model. We only make transactions happen essentially when you compare and contrast first party and third party actions what unites them is that we only make money. Once the transaction is consummated in the first parties case. We obviously take the risk upfront. Take apartments inter inventory. And then we make money once that apartment gets sold at a premium to where we bought it for either because we priced it well and we're able to sell it for more than we acquired it for or because we also before a maintenance works renovation work on those properties which we'd want a certain percentage of properties today on third party listings. We make a service fee. That's part of the broker commission that's traditionally charged in the market. So i think about six percent of broke mission in the us and the brazilian market in most emerging markets. You're talking about four to five or six percent of commission as well. We essentially make a cut of that broker commission together with a broker that usually is coming together with a buyer. So essentially it's a split commission fee model on third party. Floren as you look at the. Us i buying market. What stands out to you. I'm sure you've studied these companies. Maybe even know them really. Well what do you think is notable about the competition for i buying in the us which really obviously still very small percent of overall transactions. What do you see here. What are your thoughts. Where do you think this goes to look at the market. A lot to try to learn as much as possible fuel thoughts. Here i think first of all perceptions that is a little bit of on the seller value proposition side today still somewhat niche offering in the sense that the problem that the eibar solve. Us basically instead of waiting ninety days to sell your home just awesome. Redfin data recently shook glennon. The average homes don't take thirty seven dates by buyers. They'll do in weeks a matter of face whereas when you look at the emerging market like brazil when doing instant cash offer really looking at like a couple of days versus a year to sell property so i feel the value proposition galvanize. Quite a large one there. Secondly i think in the more short term it's like margins are very tight for buying the states. there's competition between players but general because of the market structure and data transparency. And frankly the efficiency of the us real estate market. There's just not a lot of spread going around in terms of arbitraging buy-sell prices. I think it's a very challenging business model to make money with. And i think that's the main criticism that people have with. Ibm business in the short term and the long term. I think the opportunity is really exciting. Because if these companies that are pursuing this are successful at a driving enough volume of their platforms. Eventually they will have inventory because they acquired it's that would be proprietary in exclusive for either zillow open door or whatever and that could basically create a real alternative to the mls system. And i think that is obviously a very valuable opportunity. If it can be executed on so i think the prizes this big short-term challenging long-term very interesting and it's one of those markets that i will just take a lot of time in capital be worked out if we come back to loft in brazil and in other markets into it's you're expanding. What are the adjacent cities. That are most interesting to you. So the home is the biggest asset. Most people own really important transaction for them. There's lots of stuff that happens around the home financing etcetera. How do you think about using the wedge. You've built by gathering all this data and building a real online modern platform. How do you think about extension of that. Advantage that position you built into places beyond first and third party revenue events around individual transactions. Yes the first meaningful pillar that we built in addition to the transactional marketplace is the mortgage pillar home financing in general and again using the e commerce parallel after. You've figured out which home you'd like to move to. You need to know how to pay for that or you need to find the best and most affordable way to pay for the home oftentimes although still mortgage penetration is much lower in latin america than it is the. Us increasingly part of that decision of how to pay for jr is at least a decision about should finance. Or i not one of the first decent pillars that we built the equivalent of checkout function..
AP News Radio
Janmark Has Hat Trick to Lead Vegas to Game 7 Win Over Wild
"The golden knights finally eliminated the wild on their third try earning a six two victory in game seven Mateus yeah mark registered his first career hat trick to help the knights earned the right to take on the avalanche in the second round Max patch ready made his series debut and snapped a two two tie seven forty four into the second period Nick Hagen Zac white cloud also scored for Vegas and Marc Andre Fleury made nineteen saves in his eighty fifth playoff victory Florian's now three playoff wins shy of tying Billy Smith and ed Belfort for fourth all time Zachary saying Carrillo capris I've scored for the wild I'm Dave Ferrie
Papa Phd Podcast
"florian" Discussed on Papa Phd Podcast
"They see the case opponent on toilet. Entrepreneurial a invest their ille- doctors don't want to appease. Es cafe peach because the new day already relieving it goes without voting on. Those actually did was less. Gesture connotes group. He'd be effective dip balanced Kills what he did best. it's dr david does expect f Mrs Shrink with this into the elbe Mckay five as expose up a bus keys. I felt we did expect new. A numale citizens. folks invaded Now of don't booze wanted the justice. Johnson bring trail average different treatments. Just wanted to get good watkinson. I can't keep my see. see it. don't down the the. The she flew she cleared. The savoia says jacobean museum perenniel. Who pam grow a competitive duck turkey. So me comes a us will have the cynical tough now donkeys phone booth As a wonka flooded get goes like of lattices Down a A Newest finance Lepore for the carries it esker ilia designed to What plenty people invent these even. Mark the pg talented summit Extra by arlene the live grandma. Lucy dancer the some clues constanta either the federal onto the bizarre it along was wanted me devoting that fair on engaged. Don't own about on the inaugural Going dude with the easiest ways you could either on or did i on the kobo committee. not keep david found collided board that he could guzman. A goose added to tom Bamut doug and his if as in wanted more digital. Don't look look is a the town. Jackie loophole miyake levinsky mascot will criminal like science kit ostrich adopt Limited burak Central doozy's donna Overdid it different dr. Twenty six even more because with double on zone Been ordered We joan although gains in foul physique. Maybe that mon asinine these Were logging Happy john is it all digital physique as savic sassy a skirt seven mar a soul. Lamey d at iraqi sont off us some jose. Ooh esker turkey. Summit non ideo quebec achey bluer huntley on contact vic the geeky forgiving white the panel Excuse as he ever say is adopted. zieger speaker would also seek which may onto the donate looks Not you faker was members of Will go on vedic by You balance on a guy You couldn't debate Candidate dole A bakery also on netflix is year Says i wanted i to play A Even more pc talent on pusat on our edouard to jersey magazine equal film. What do i of what the memorial tells us dod offers even more to perfect his avik. The.
Past Gas
The Underdogs Who Outraced the Nazis
"The year is nineteen thirty to rally racer lucy o'reilly shell her husband and co-pilot laurie fellow ralliers hector petite and shock marciniak a reporter for the parisian leisure. No have just left sundsvall in their black bugatti t four four making their way to the monte carlo rally starting line sweden blurry quickly pilots the car through the thick arctic fog cautiously aware of the four inch thick lack ice below them. Suddenly the tire chains failed to catch the body as it veers and then glides into the air about take flight before anyone in the car can even scream the bugatti snacks forcefully into a snowbank florian lucy make sure their passengers are uninjured and then address the real issue. The team needs to make it to a man before the rally is set to begin or they won't be permitted to compete. Lucy shell the five foot four norm defying rally driver. This is not a face shield. Allow her car mates to entertain long. Lucy sends hector jacques off to look for a nearby farmhouse for health. Then she and lori begin to desperately hacked the snow with their picks and shovels. It is one o'clock in the morning. Thirty below zero and they're stuck in the middle of a pine forest at least ten miles from the nearest village. Though the to realize their seemingly insurmountable odds the shells need to free their body and continue to rally as planned the show of nasty turn out to be routine for lucy riley show the sports car driving heiress though later. Put together a team of unlikely heroes to beat hitler. At one of his favourite games motor sport
All Things Considered
Power Returns for Many Texans, but Low Pressure Water Crisis Escalates
"Focus on the ongoing effects from that deadly winter storm that hit several states a few days ago. Earlier today, President Biden approved a major disaster declaration for Texas, which was hit especially hard. The move frees up federal funding to help rebuild and recover from the storm. Throughout the state. Freezing temperatures and extreme weather had a devastating effect on infrastructure, especially the water supply affecting millions of people. Here's Florian Martin of Houston public media with the latest on that volunteers handed out thousands of bottles of water at a distribution side in San Antonio. It's has been challenging because we have five people. Michael Williams came here from the small town of Bernie just outside San Antonio. He says he and his family have been without running water. Since Monday. Our community has in Bernie has really banded together so Challenging, but we can get through it. After days without electricity. The vast majority of Texans have had their power of historic, according to the state's grid manager. Temperatures air back to above freezing in most of the state, But clean water could remain an issue through the rest of the weekend and beyond. The problem is low water pressure. We've seen a task aid of effects. Harris County Judge Lena Hidalgo is the chief executive for the county that includes Houston. The power outages affected the generator. Is that keep the pressure going, and the pipes that have birth have also been a problem for the leading to the loss of water pressure When the pressure sinks below a certain level, Texas cities are required to issue boiled water notices because the water could become contaminated. Notices are in effect in large cities like Houston, Austin and San Antonio. This week, many people ran their faucets and a constant trickle something plumber's advice to keep pipes from freezing. Well, it's a catch. 22 John Ingram is a plumber in Houston. Yes, it does take away water, and we are in a crisis as far as water pressure and keeping Pressure up across the tent city. However, at the same time, that's really the only option you have and maintaining water in your home. Thanks to all those burst pipes. Demand for plumbers now far exceeds supply. One Houston church has reached out to partners across the country to get volunteer plumbers to Texas. Chris See is the pastor at a classy, a Houston He says they usually try to organize emergency help like this for home repairs after tropical storms and hurricanes this time, we need a little bit more skilled labor mucking houses a lot easier than plumbing repairs on burst pipes, but Just following in that vein. We know that's what we need. C says the response has been slow as other states have also had issues with the weather and people are has attend to travel during the pandemic. He's confident they'll get a team of volunteers together for the community's most in need. The church is paying for travel, food and accommodation. For most Texans. The nightmare will probably be over next week. But many others will have to deal with the storm's aftermath. For awhile longer. We went outside in our neighbors have kind of been checking on each other, and it was the same for everyone. Rachel thinking lives in Austin, where large areas they're still without water. We're just trying to do that their minimum right now, basically January in Flushing toilets, we can't really do much beyond them. She's Says they've even had to collect snow from outside to melt in the tub for NPR news. I'm Florian Martin in Houston.
Houston Public Media Local Newscasts
17 people shot this weekend in Houston, including four teenagers
"Getting reaction after another violent weekend in houston as police continue to see an increase in crime during the pandemic florian and martin says houston. Police responded to more than a dozen shootings over the weekend on saturday alone. At least eight people were shot. Three of them were killed from friday night through sunday. Houston police responded to at least fourteen shootings across the city. They traveler and in one case officer shot. A suspect threatened any shot more than one round in response to the violent weekend. Hbd chief art savino on twitter asked for the public's help and called for risk based rather than cash-based bail for violent offenders. Violent crime has gone up in cities across the country. Since the start of the pandemic there were more than four hundred murders last year in houston the most since the early nineteen
Impact Pricing
"florian" Discussed on Impact Pricing
"I'm a price accepted the ofa booking holiday. Maybe i'm marie savoy there. So what is really important about this concept. Is that what we have been called a hybrid. Customer is nothing else than the statement that people can follow different kind of had policies in decision making in different industries. That doesn't mean but what we found. Is that once. You are a bargain hunter. One industry for one product that really stays very stable but that has no indication whatsoever whether you are a bargain hunter in a totally different ways that makes sense and and that's totally okay because you're enron industry. You don't have to classify an individual as a bargain hunter in every industry using to know what they are yours absolutely at the time so nice. I two really big questions or topics. I wanna bring up with you florian about the first one. I love asking this question. Because i don't know how i feel about it. But it feels to me like behavioral economics has the ability to trick customs nine so it almost feels unethical or you could describe it as unethical. So how do you. How do you square that in your own mind. That's it goodbye. And that's a very often asked question. Read in his in my top five list a now. I totally agree that issue. You can see in behavioral economics. And i think it's an issue that very often Faded when you apply behavioral economics to redesigning decisions about healthcare financial planning whatsoever but my perspective on this is very abstractly. Speaking for me the perp burst of marketing pricing in sales is to influence positions. So there's no reason to have a marketing campaign or a marketing team. If you would not have the idea. I can influence my customers decision in my favor. So you could also say manipulate but people hate this word although it's more to the point so marketing is there to manipulate decisions. Pricing is there because a company wants to take as much consumer rent as possible. It's.
Impact Pricing
"florian" Discussed on Impact Pricing
"To earn a promotion. The solution could be the insider program of champions evalu- dot com for only one hundred dollars a month. You'll have access to all of our online courses. You'll have access to me through office hours and you'll become part of a network of peers helping each other out as well. Sure you'll learn more about pricing boy. You'll really learn is pricing leadership. What does it take. How do you do it. You won't get promoted just doing your job. Join us to learn how to become influential. Isn't it worth one hundred dollars a month to work towards the promotion heck if your company as a training budget you can probably access that once. You've internalized these concepts around value. You will become unique respected and promote -able come join us at insider dot champions of value dot com a long long time ago back when i was a professor. I remember doing a research project affect my dissertation was on ninety nine cents and why do why does it work. Does it work. And what i found fascinating was one of the experiments we ran was a cost of thinking experiment. Hard is it to subtract two numbers. And what you found is the people that are very numerically. Literate are much less likely to drop the nine and people who are less numerically. Literates are more likely to use a heuristic and just use the left hand digits and so it's pretty fascinating different. People behave differently when it comes to these irrationalities and even more interesting. We used those tie. It's not so much in a trade way so we those types are not trade to you have. You are not always a bargain hunter. I'm a bargain hunter. Maybe when it comes to selecting my dsl provider or my telephone provider. I'm not a bargain. Had the wind comes to buying cars. Fix them maybe..
Tesla Daily: Tesla News & Analysis
What you need to know about Tesla's 'battery day'
"Over the last few months there has been information leaking out about Tesla establishing a new battery production line near the Fremont factory, and it is aptly code-named roadrunner not only does that hint speed, but there might also be. A reference there to roadrunner and Wylie coyote the looney tunes characters engaged in a perpetual game of Jason, in which Miley Coyote could never catch the roadrunner. Maybe legacy auto is the Wiley Coyote to Tesla's roadrunner. So one of the expectations for Battery Day is that Tesla unveils this roadrunner production line to demonstrate the potential throughput that can be accomplished with all. These advancements I believe Ilan made reference to this today as well as tussles other progress in manufacturing outside of batteries. When he tweeted quote speed running Victorio and real life dot dot dot, and quote if you're unfamiliar Factoria is a video game described themselves. By saying quote Factoria was a game in which you build and maintain factories you'll be mining resources researching. Technologies building infrastructure, automating production and fighting enemies and quote that you're sounds a lot like. TUSLA. So a lot of these are related but I believe manufacturing and energy density at the pack level to be the two most important things for battery day. But it doesn't just end there. There are few other topics that may be discussed at Battery Day the first. which has been heavily speculated on is the possibility of Tesla introducing a million mile battery. So first things first on that that means a million mile life cycle or another way to say, that would be the ability for the battery to recharge. Let's say three or four thousand times without having significant capacity degradation because of already done a full ten fifteen minute episode. On the Million Mile Battery I'M NOT GONNA go into as much detail on that here a link that episode but the Short version is that they're already batteries capable of producing that many cycles. It's just a matter as it always is with batteries of the trade offs are willing to make. For example, does that increase the life cycle lower energy density or? Increased cost, and if so maybe it's not worth the tradeoff in fact, Tesla already has batteries that are capable of doing a million miles. They just don't use them in their vehicles because of those trade offs rather they use them in their energy storage products. So we'll see what Tesla has to say about a million mile battery they have talked about wanting. To, get there with the whole powertrain and the past, which really makes a lot of sense when you bring in a Tommy because if a scenario exists where there is a full self-driving row taxi that vehicles going to be traveling a lot more than ten thousand or fifteen, thousand miles per year if the utilization is five times higher or ten times higher. Then to have a useful life of ten years twenty years, you're going to need a million mile powertrain including that million mile battery. It also makes a lot of sense for other utility vehicles such as the upcoming Tesla semi the other wildcard that could potentially add life cycles to the battery for a vehicle would be vehicle to grid technology. Again, we've talked about. Tesla hasn't been super bullish on that technology in the past. So it's relatively lower on my expectations list there certainly value to that feature, but there's also complexity in extracting that value. So we'll wait and see what Tesla has to say on life cycle and any additional features that could drive utilization of those battery packs higher next on the watch list is. Charging capability there's a lot of potential here. We've already seen Tesla over the years increase the supercharging rate from ninety kilowatts to one hundred, twenty kilowatts, two, hundred, and fifty all the way up to two hundred and fifty kilowatts at peak now, and at the cyber truck unveiling last November onscreen they shut a graphic that showed the charging capability of the cyber. At. Two hundred and fifty kilowatts plus you elon musk at that unveiling said quote it will be capable of more than two hundred and fifty kilowatts will reveal the actual number later and quote. So maybe battery day ends up being that later we know that just last week lucid, motors announced that the lucid air will have three hundred and fifty kilowatt capable charging Tesla's kinda competitive. So I'm not sure they're gonNA, sit around for too long being outmatched on that charging rate. If we can get a bit speculative for a moment, one of our listeners, Florian halen helped me out with this it appears that the V. Three superchargers should be capable. Of quite a bit more output than the hundred and fifty kilowatt. Max. That does vehicles can charge at today to get a full understanding of this, we have to start with the version two superchargers. If we look at the label on those chargers, we can see the voltage listed at four hundred and ten volts. They amperage listed at two hundred and seventy amps to get the power capacity. We just multiply the voltage by the amperage. So in this case that comes out to about one hundred and eleven kilowatts but what happens in reality is that vehicles on version two charges, one hundred and fifty kilowatts all the time. So the amperage here is. Actually understated the same thing appears to be happening with the V. Three superchargers as well on the label for those, we can see that the voltage is thousand and the amperage is four, hundred and twenty-five. So multiplying those together yet Max power capacity of four hundred and twenty five kilowatts. So that's already higher than the two hundred and fifty kilowatts. The vehicles can accept today leaving some room for upside and charging rate but back to the amperage, it appears that the amperage capacity is understated on the be three charges as well. We have a screen shot here of a model three charging at that Max two hundred and fifty kilowatt rate, but with. The voltage only at three hundred, sixty eight. So if we divide those two hundred and fifty thousand watts, two hundred and fifty kilowatts by three hundred, sixty eight that gives us six, hundred eighty amps, which is well above the four hundred twenty, five amps on the label right now, a model threes battery is limited to four hundred and four volts. So at six hundred and eighty amps that would mean a Max charging rate of two, hundred, seventy, five kilowatts instead of the two, hundred fifty, that is listed, but it's probably limited at two hundred and fifty kilowatts to avoid overheating if we consider a new battery though maybe some of those constraints can. Be removed and the V. Three superchargers seems capable of delivering quite a bit more power than that two hundred, fifty kilowatts. If we use the six hundred eighty amps here that we have already seen register out of a supercharged V three location and we multiply that by the maximum a thousand volts we could be looking at a power output of six hundred eighty kilowatts from three charter and potentially even higher based on whatever that true actual limit on ams it's. So none of this means that Tesla's going to suddenly unveil a battery that's capable of charging at seven hundred kilowatts just that the V. Three chargers do seem to be putting in. Place. The infrastructure for higher charging to come over time with a new cell likely being introduced. Maybe we will hear more about that at battery debt last couple of aspects that I've heard discussed the first mining Tesla has alluded to maybe getting into mining someday if they needed to that's not something that I expect here from Battery Day as should be cleared by this point in time I think they've got enough to go through without going down that figurative rabbit hole but I do expect. Yulon mosque to again plead with suppliers to ramp up supply especially for nickel next is a point on Tesla suppliers we know that tussle works with Panasonic LG. L. To source batteries from them. So the question has arisen of how those partnerships are going to work and evolve if Tesla is designing and manufacturing their own cell and I think this is answered by what we spoke to earlier with product differentiation Tesla is going to need all the batteries they can get their hands on it's going to take time to ramp up their own battery production. So not only can they not just convert all their products over to their own cells instantly even if they were to do that, they still probably need even more batteries so they're going to continue to partner with these other suppliers though suppliers give them viable. Products, which can help Tesla Grow capture revenue capture prophet regardless of their own endeavors and battery cells and production as far as tesla actually supplying these cells to others I definitely don't expect that not for a long long time if at all, and that's really for the same reason, Tesla is gonNA need these cells themselves supplying them to another oem just adds again that extra layer of cost because both sides need their margin that creates a more expensive and a product for the consumer, which is contradictory to tussles goal of accelerating the advent of sustainable energy. So as long as Tesla is battery constrained, which I expect to be for a long time. See them supplying their batteries to anybody else. All right. So after all of this, we finally come to the product. The last thing to maybe expect out of Battery Day could be the introduction of the plaid model s and Model X. potentially being the first products to utilize these new battery cells as Tesla works to ramp up that initial production it's been yearly quiet on the plaid. Powertrain Front for a while now, but the timing is about right and maybe we will finally again here's something about the new roadster.
Bloomberg Daybreak
Asia Pacific stocks mixed as China's inflation data misses expectations
"Hundred you Florian Asia appears to be wearing off stocks in the region finished today's session mostly mixed numbers really at Sally joins us from Singapore with the details good morning Julia good morning Karen the China X. index of small cap stocks listed in China rose nearly one percent while the broader CSI three hundred because lower by two tenths of one percent with data pointing to slowing inflation south Korea's KOSPI gained a third of one percent to close at a four month high and so despite the nation's jobless rate rising to a ten year high Japan's Nikkei two to five index closed above twenty three thousand points with the relative strength index now showing Japanese stocks
News, Traffic and Weather
Kraftwerk co-founder Florian Schneider-Esleben dies at 73
"News with the fathers of electronic music is done Florian Schneider co founded craftwork in nineteen seventy well the group never achieved real mainstream success craft work is influenced everything from hip hop to daft punk to David Bowie based largely on Schneider's pioneering sound chatter left the group in two thousand eight the group honored with a Grammy lifetime achievement award in two thousand fourteen Florian Schneider died after a short battle with cancer he was
News, Traffic and Weather
Kraftwerk co-founder Florian Schneider-Esleben dies at 73
"One of the founders of the hugely influential electronic music group craftwork has died more from ABC's Jason Nathanson Florian Schneider is known as one of the fathers of electronic music co founding craft work with Ralph who turned nineteen seventy releasing the groundbreaking album autobahn nineteen seventy four I trained flautist Schneider started experimenting with synthesizers and mourn the late sixties helping to define the craftwork sound that would influence everyone from daft punk to David Bowie Bowie paying tribute with the song V. two Schneider and his heroes out working two thousand eight the group honored with a Grammy lifetime achievement award in two thousand fourteen Florian Schneider died after a short battle with cancer he was
Pacifica Evening News
Vaping May Be Worse for Heart Health Than Tobacco Cigarettes, New Study Finds
"In the wake of recent reports of fatal lung illnesses connected with the use of E. cigarettes new research seems to confirm concerns about the health impacts of vaping Gladys has that story a study by Boston University researchers found that E. cigarettes altered cholesterol levels and doctor Florian rodder with the Senate heart institute at cedars Sinai Medical Center in Los Angeles says his group's research suggests that vaping may be more harmful to heart health than traditional cigarettes I know how it's going to be at to the evidence that he figured smoking may not be quite as healthy as being portrayed and I think this reason enough for now to be at least cautious rodder compared the blood flow of ten non smokers ten tobacco cigarette smokers and ten E. cigarette users testing blood flows at rest and while squeezing a handgrip only E. cigarette user showed signs of coronary vascular dysfunction even when they were not exerting themselves physically industry groups have previously argued that vaping is a healthy alternative to traditional cigarettes especially for people trying to kick their smoking habit commercials for E. cigarettes to warn about the health risks of nicotine but Roger says marketing efforts still portray vaping as a healthy alternative he believes in addition to nicotine a number of manufactured products used to form vapors are likely causing the most harm and honestly most doctors or the medical community in general probably would have agreed to a few years ago saying that guarantee cigarette sound like the healthy alternatives but now there's just the more and more evidence mounting a recent study by the food and drug administration found that a quarter of all high school students use the cigarettes in two thousand nineteen up five percentage points from last year Roger notes his group's initial research and limited trial size could benefit from further studies and testing health impacts over time to determine the true impacts of vaping on public health for public news service I America
Weekend Edition Sunday
Tour de France 2018: Lawson Craddock on surviving three weeks of racing
"To give interest. Free, loans to farmers and we, spoke to some of the men who gathered there after the rally and they said yeah the vote. For this party because it was the only one that had ever, taken the time to notice. Them and care about, their issues, that doesn't mean they're not radical it just means that's not, how you can pitch to follow us for an election does the. US have skin in the game in this election this country wants the Pakistani government, to crack down on. The Taliban there will any of these candidates do that well among the two main parties the party of Imran Khan has. Made deals in the past, with the Taliban that exists in Pakistan so it's hard to see how it's going to fight against them. But it may well change once he reaches power. The bureau Question is what do you do about the extremist groups. That are now in the national parliament or that will be in, the national parliament NPR's deity thank you very much, thank you The tour de France is entering its final week and while. Many fans are waiting to see if British writer Chris fruit will win his, record tying fifth tour the American writer in last place is also gaining attention flurry and Martin with Houston public media reports Lawson credit had big expectations for a second tour de France but? They quickly. Changed during just the. Opening stage Lawson Craddock has crashed Though he's holding tumble turns out it was more, than just a tumble, dropped water bottle cost a twenty six year old to. Crash into a spectator he broke his shoulder blade and suffered a bad gash above his. Eye that needed stitches. But credit kept going we spoke on the phone after the twelfth stage and didn't really want to. Just. Give up immediately I was raised talking to that taxes were born fighters as extra motivation. He came up with. A fundraiser for the cycling track where his career started the Altech velodrome in his hometown of Houston At the velodrome cyclists are. Practicing laps critics mom Ellen is here she says as a parent she had I was concerned about his safety and then we got assurances from him but you know this is a collective decision the team doctors were behind them said the fracture was stable and he wanted to do it and. Then to have this purpose behind it, was we were all in and so are the. People who use the velodrome like. Volunteer Kevin Dunkin says the facility flooded all the way to the top after, hurricane Harvey had Texas. In August it puts a lot. Of pressure on the slobs you have water pushing pushing down and then once it starts to dry out on the Slavs such a contract you get significant cracking and that damages the trucks too if this which makes. It unsafe so far has raised more than one hundred and ten thousand. Dollars for the velodrome two weeks into the tour de France Cranach's still feels like he'll be able to finish by taking One stage at a time To the recovery process going a little bit and Just step by step closer and closer to her critic has six more. Stages in about five hundred more miles to go but for now he can take. A breath because tomorrow is arrestee for NPR news I'm Florian Martin in Houston.