35 Burst results for "Twenty Thirty Years"
Humans Have Caused the Most Dramatic Climate Change in 3 Million Years
"Recently Assad with some research colleagues at the Potsdam Institute for Climate Impact Research, a look at a brand new science article in which are climate model for the first time had recreated the climate on earth over the last three million years, which covers the entire geological pleistocene epoch. The Pleistocene is so important as it constitutes a point of reference for life on. Earth. Because although sure our planet has existed for four point, five, billion years it's only in the last million years. That earth has looked at least roughly in the way as we know it, the continents were roughly where they are today. The North and South Poles were covered with ice. The atmosphere had a similar chemical composition to what we have today. Planet, Earth. Our earth has only existed for three million years. All, comparisons further back in time are quite meaningless. And the manuscript I hold in my hand is not just reaching. My brain is also striking straight into my heart. A deep humility settles in when look at the graph showing the variations in mean global temperature on earth over the past three, million years it shows that we have never throughout the whole plasticine exceeded two degrees global warming compared to our pre industrial average temperature of approximately fourteen degrees. Never. This means that Earth despite all the stresses and natural shocks from fluctuations and Solar Radiation Volcanic eruptions, asteroid impacts and earthquakes has regulated itself within an incredibly narrow range minus four degrees. Celsius were in deep ice age plus two degree Celsius. We're in a warm interglacial period lasting three million years. It's absolutely incredible. Especially since we know why. It's earth's ability to self regulate the ability of the oceans to absorb and store heat the ability of the ice sheets to reflect solar radiation the ability of the forests to absorb carbon dioxide and the ability to be a safe and store greenhouse gases. The planet is a biophysical self playing piano whose music sheet stays. Within the minus four plus to scale. If that is not caused for humidity than I do not know what humidity is. And a deep concern in hundred and fifty years. In the geological blink of an eye, we risk now tearing this Planetary Symphony to shreds. Let that sink in. The global average temperature is now changing hundred and seventy times faster than over the last seven thousand years and it's doing. So in the wrong direction upwards when the current orbital forcing meaning are distance to the sun and the current low level of solar activity means that the temperature should in fact, be slowing down. You don't have to be a physicist to understand that we have a problem. Climate skeptics like to argue that historically the climate has fluctuated so much. So why shouldn't it be fluctuating now? Obviously. It fluctuates. But we are now racing towards plus three to plus four degrees warming. Sceptics like to bring up the little ice age the time when Swedish King Call The tenth Gustav Marched His army across the deep frozen great belt and the little belt in sixteen fifty eight to beat the Danes or that the vikings grew grapes in Greenland during the medieval warm period. Yes. Of course, this is true but it all occurred within the natural boundaries of minus four and plus two degrees. And it's here within this sweet spot that we must remain for our own sakes and our future? In August two, thousand, eighteen at the peak of that year's drought and fires in Sweden and Europe. We published a scientific paper where we tried to establish whether we are at risk of pushing the entire planet away from its current state of equilibrium, the Holocene epoch where we have been since the last ice age. This is fundamental. Our Planet Earth can be in three different states. It can be in a deep ice age as it was twenty thousand years ago with large is. Extending over the northern and Southern Hemisphere with over two kilometers of ice above our heads here in Sweden an ice extending as far south as Berlin. This is an equilibrium state as it is not only lower solar radiation that keeps earth in an ice age. It is also the feedbacks caused by ice. As the ice sheets grow earth gets whiter, which means that more more incoming heat from the sun is reflected back to space more ice means it gets colder which means even more is and suddenly you have a self reinforcing mechanism. This is what makes an ice age and equilibrium earth remains. They're not only because of the external forces from the sun but also thanks to these inbuilt biophysical processes in this case, the color of ice. Earth can also be in an interglacial an intermediate state, which is what we have today where was still have permanent is sites at the polls and we have glaciers on land and the biosphere with forests, grasslands, and lakes roughly as Earth as we know it. It is these two equilibrium states and only these two states that the planet has been over the last three million years that is during the entire Pleistocene. But then there is a third state when earth tips over from self cooling feedback loops to self heating feedback loops, which leads to an inevitable journey to becoming a hot tropical planet that is four, five, six, potentially seven, eight degrees warmer than today where in principle, all the ice has gone and the surface of the ocean is more than fifty meters higher than it is today and where the conditions for live is fundamentally different all over the entire planet. This is what we call hothouse earth. Or Highs Zaid hot time in German where the article when we published it drew so much attention doing this burning heat wave in the summer of twenty eighteen that highs Zaid was chosen as the word of the year in Germany. In this research, we tried for the first time to identify the global mean temperature at which we are in danger of tipping over from our current state, the Holocene interglacial, and embarking on a journey that would inevitably take us to highlight our conclusion is that we cannot exclude that the planetary threshold. The tipping point where we kickoff unstoppable processes of self amplified warming is at two degrees. Bear in mind we are today at one point one very mind were moving fast along a path that reaches one point five in potentially only twenty, thirty years and two degrees in forty fifty years. This is one I would argue of the biggest. Challenges of all to test whether we are right. Can the planet cope with or Canet not cope with higher temperatures than two degrees? But. My conclusion based on the knowledge we have today is that the planetary threshold to avoid triggering high Zaid is most likely at two degrees. Of course, it's not so that Earth will fall off a cliff at two degrees. The risk is rather that we would then pass a threshold where the shift towards hindsight would become unstoppable. In other words, we face an urgency at the timeframe whether we pushed the on button on not triggering stoppable warming is within the next few decades meaning essentially. Now, if we pressed the UNBUTTON and kick off the great planetary machinery with feedback loops causing self warming, then the full impacts may play out over three four, five, hundred years before we reach a new equilibrium state hothouse. A planet with over ten meters, sea level rise temperatures, and extreme droughts, floods, and heatwaves making large parts of earth uninhabitable a planet we do not want a planet that cannot support US humans. This requires from us that we understand two different time horizons. The short term time of commitment. When do we push the unbutton but then also the long term time horizon when we have the full impact hitting on people these are different but ethically, I would argue only the trigger moment counts, we cannot leave a damaged planet beyond repair to future generations. So to summarize the decisive moment when we press don't press the button lies within the next ten to twenty years. With consequences for all future generations a moral, bum. Are High site article concluded that degree Celsius is our ultimate planetary threshold that we need to stay away from. This article actually came out six months before our climate modeling showed that we've never exceeded two degrees throughout the whole pleistocene, the last three million years. In Two thousand nine, our planetary boundaries size showed that one point five degrees is a boundary we should not transgress because then we enter a danger zone of uncertainty. So perhaps you do understand my feeling a deep concern of humility in the face of our latest scientific findings, which really only says, one thing tipping points are real and if they're crossed, they lead to unstoppable changes, which requires a new relationship between us and our planet, and that we realize that we are facing a new ethics. What we do today will determine the future on earth for all our children and their children.
Tantra for High Performance with Victoria Redbard
"As I mentioned in the introduction will be talking about entre for high performance and my pronouncing that correctly Victoria is tawny tra-. Yeah. I like the way act and you sound with your accent. Very. Cool. We're GonNa Fun Conversation Today and I WanNa Know What this New Paradigm leadership looks like. So break it down for us. What does that mean the New Paradigm leadership and what does it look like? It's the kind of a change in the economy know it's like A. With, things have been in this overpowered I'm it's. Like building fair and kind of creating from that place stress on I think that this new pattern is coming through is just like this place of abundance in giving and Really. Comes in where we are in this place of like the love with ourselves and connection to to every pot about like no pot of us get left behind and when we create from that place like awareness that flow site from the expansion of a renewed like organic state is so much that can. Change the way that you know everything that the ripple effect on from there is huge. Do want to really dive into this mentality about abundance versus scarcity because let's be honest. You know twenty thirty years ago. There is some reason as some understanding why people had this scarcity mindset we all like lived in these small towns spread out across the world and it was like well, Hey, if like I opened a car dealership next to the other car dealership like. Like if I sell a car that means he or she's not selling your car like this mindset of scarcity was pretty prevalent in the world, and then of course, the Internet came in changed everything. Now, we just have this opportunity for abundance because there's so many pieces of Pie. In fact, you know there's like all this abundant pieces of the pie for everybody in every niche and that's why I. Love talking to people who are really carved out these specific cool niches in their life and they're able to have an abundance mindset around that. So I really love the world the we've evolved into and I. Want to dive more into this as we kind of have this conversation. But let's go to get into how tantric practices can actually change the way you lead your company like how can we apply? Your expertise in tantric practices for fire nation leading their businesses entrepreneurs love that that she something that I'm really exploring right now I feel like the the major pace of Light Hal i. do things a little differently is like really by trusting in like the energy of Aeros United States like these energy in our body it's like this life force energy is always there and I feel like we get to have a choice with it and I think most the time when people think about our energy like there's like a fear of it you know it's like arousal it's Yet it's kind of like this overriding energy and I think that when we start to gain mosque with, it actually allows us to kind of build on that plane abundance that we just spoke. Oh, so it's likely coming back to that baseline of life thought we come from sex we come from this vibration that is a much deeper than the polarity that that is built around. And often even the way that most people having sex in the world right now is from this place of like not wanting to feel their emotions and wanting to just jump like away from any kind of feeling to do the job. And I feel that. This is really about you know building from. mcclay solves. expansive energy I think one of the reasons why people are so fearful of their Kenji because it is expensive in if we think about like. Times that we felt contracted triggered or. Via and we make decisions in our business from that place. It always kind of leads to like a string on effect of war things going wrong in the business more problems to kind of do with because we've made these decisions were placed feel or as I feel like when we come into this bicycle arousal this kind of. Energy that's actually naturally pumping body and we're not leaving any mess behind. It's someone's like we get into this state so. In the big difference in May when people masturbate pleasure and they kind of just rushing with disco to get little Gaza. Pushing possible without of their emotional body to. His goal so they can have a stress relief. On. The other side of that is when we actually like slowly build the energy in the body and allow the parts of is that have been behind that day possible is it might be vulnerable must. Micro survival scarcity that she kinda come back to ourselves really like a rise from that play when people go into that kind of orgasmic state from the is this You know it's like I would connect into that dot oneness feeling that. Feeling of unity with everything and they're not operating that place of scarcity competition or any of those places, and that locked the non-effective that flows that comes into. Everyday life into your business is huge and he started light bring that every single moment of my life in the way that I describe I'm seth pleasure is to conduct like be with the body in in every moment rather than actually just like going into my body and I'm going to have an orgasm I'm GonNa Pleasure I'm GonNa have arousal right now it's like as she would've out of my body want to be with me. And so it's one of listening to the body and I feel like we saw to do that in a business. Then when not going to be stuck in these making decisions from fear spies or you know thinking like we need to compete against others, we kinda going to be disconnected your essence and entrust for that and You know trust that we're actually really supported moving from that place. I think that's rijn if like everybody was was making business decisions from that kind of expansive flow state when I'm influence, I have the experience like now all my decisions Econo- the right decision is a con. Get it wrong when I'm in
Should You Offer a Lifetime Deal?
"WanNa. Start today's than by explaining why businesses consider offering lifetime deals. The bottom line is, is that lifetime he is often generate a large lump sum of revenue of cash. It's a cash grab really they might partner with a deal signed with large affiliates or they offer it to their list, and because such an incredible deal, it's a lifetime deal. They'll get lots of sales at the start people see this as a way. To Fund, their business at the star. So that's kind of the motivation behind lifetime deals outside of that. It also gives you new users, new customers, people to give you feedback the star and people that are invested. That's really the positives and and there's not really much outside of that. That's positive. Just being frank but for many people, that's a lot. You know making a lot of money at the start to fund the business. Can, really help them and really propel the business to avaiable full-time option for them and allow them to make some hires and scale quickly the issue is that most products and services have a running cost. So even if you say for example, sell a lifetime deal for a thousand dollars per customer yes. You'll earn a thousand dollars, but each customer will have a cost for each subsequent year to come. Agree. Thirty forty, fifty, sixty years for long as that person is alive right and some of us don't really do the math and that leads me to my I tip. You got to do the math. How much does it cost you per customer per year and a lot of people are like well, I sell my product it's course it's a forum it's something that really has a minimal cost on my end. And that's pretty much it. No you gotta dig deeper. You have cost Phantom costs that you're not counting like how much it cost you per customer for your web hosting to host your community to host your APP how much that cost on a monthly basis divided by the number of customers is cost more per customer. It's not a once in done kind of thing, the more traffic you have the more you have to pay what about customer support the more customers you have the more support staff you need the more time take from them you need. To factor that in, are there any other costs whether it's your time or money that's involved every time you have a customer, break it down because you might find out yes. This might be a very small amount per customer in it's worth to offer the lifetime deal but often more times than not when we do the math, you're like, wow, we start to break-even after five years and after five years we're losing money. Then after ten years, we're really losing money. So this really is a red flag that you can raise before you offer a lifetime deal. My next tip is you have to make sure that if you're going to offer a lifetime deal, you don't offer a deal or a plan or a product that they will not outgrow. The play of the lifetime deal is to give them something that is valuable, but is just to get them started. The point here is that get them onto your platform onto your product. And therefore get used to it. Love it enjoy it. But at some point, they're going to outgrow whether they need more contacts in your APP or the want to get access to more training. Basically, we're talking about here is you want to offer them the basic of basic plans. It's still valuable. It's still something that you would charge a monthly or annual basis for normally but. You, WanNa push them towards upgrading anytime. You're running a lifetime plan you should aim for seventy percent of the people that by will upgrade out of the lifetime plan. So lifetime is something that's basically temporary this takes a bit planning the six a bit of a branding and package INC when it comes to offering this lifetime deal so don't rush into a lifetime deal if. You're not ready. Make sure you're crafting the right one. So you know that people will be graduating to different plants off the lifetime. The third thing I want to mention is often in my experience lifetime customers in general, not all of them of course, but in general will tend to be difficult customers to deal with what you mean by that well, people that don't invest much. Will actually cost you more time and more headaches people that actually pay you a lot of money. They do the work that get the most out of it and they're professional they get it. They understand the onus is on them to make it happen. But those who pay the minimum and Gopher lifetime deals people that maybe don't really take action but they will complain about every little thing if they have the opportunity of course, I'm speaking in. Generalities of course, there are lifetime deal customers that are hard working that are serious about their business and they are great and they're not headaches. But if we're talking about a percentage or a majority of the users, higher paying customers are lower maintenance customers that's just the facts of business. So I want to give you some direct advice. If you do the math, you have a graduation plan a plan to get them to upgrade out a lifetime. And everything pans out and it's very, very minimal cost on you. Even if you stretch out of twenty thirty years of this customer being active, then go for the lifetime plan if not avoided if you can even if it means growing slower if you're still looking for that cash grab, my advice is limit the number of lifetime members whether it's one hundred or two hundred people Max and then you. Close it. This will create scarcity and it will also allow you to say, Hey, this is the amount of money I will get from this lifetime offer I can work with us the influx of cash I need, and from there you're only dealing with a minimal number of customers that are dealing with the lifetime planet you have to pay for for the longevity of your business in for their
July Mailbag with Jason Moser
"The. Multiple answers I'm out Southwick and I'm joined, is always by broke camp. Personal Finance expert here at the Motley Fool. Hey, BRO, well! Hello Alison. It's the July mailbag where we answer your questions and this month it's with the help of multiple analyst Jason Moser. Should you buy a house now? What is modern portfolio theory and also here Jason's thoughts on a lot of stocks all that and more on this week's episode of Molly fully answers. Jason thanks coming back. you know I mean i. told you you invite me. I'M GONNA. Be here every single time. Thanks for having me back. I mean we appreciate it because we know you're a busy man, and so we do appreciate that you carve out time for us in our little show, don't. Always always make time for those important people in my life rule number one make time for allison and Bro I love. It sounds like a good one to me. Everybody wins. All right well, I guess we should just get into it, so the first question comes from Darren I've subscribed to the full for over a year and I'm really pleased with the service. I would like to know your thoughts about my holdings in Shop Affi- I've bought several times over the last three years, and it's now over thirty five percent of my portfolio and I. Don't know if I should continue holding or trimmed down. What would you advise a good problem to have I was gonna say that exact same thing? That's a good problem have? In a very glad, you have subscribed to our services in your really pleased. That's that's what we aim to to do. We aim to please help you make money and so yeah. This is one of those situations that we will find ourselves in from time to time as investors. A nice problem to have but something you do need to address at some point because it is going to be a little bit different for everybody. In so coming from the perspective of I, also own shop, a Fi stock in it's it's a wonderful investment. It certainly is taking up a bigger. Part of my portfolio a not at thirty five percent where you are. I think for me. It really does boil down to. That sleeping at night test in other words, you need to be able to go to sleep at night without worrying about this kind of stuff, and if you feel like shop, a Fi represents too much. Of your portfolio if you feel like you're overly allocated their, then, you may need to consider pulling it back a little, but now I mean it's. It's I think it's always important. Note you know. It's a big difference between building up a position buying a position to make this size to make this type of allocation in your portfolio. It's another thing entirely to have position grow into beat into becoming that size i. mean that that is that is in a little bit of a different dynamic there, so people all the different ways, some sometimes folks will, they will just sort of looking at it from the house money, concept or you. You just sell enough shares to recoup your initial investment, and then you let the rest of it go. Some people are perfectly fine with thirty five percent. Some people are not. They want a pair back so i. do think you need to kind of figure out what helps you sleep at night I do think that shop by a great business. I think the biggest risk in only shop, if I right now is valuation, just because it's dominating, it's space, but it's not making any money yet, and it's probably going to be a little while until they do so that valuation risk is there, but ultimately yeah I think determine. Where you feel most comfortable with it, and if you feel like you need to put a little bit of that money off the table, and he thirty five percents a lot, certainly very understandable. If they've said something you need to do if you do decide to pair it back a little bit. You've made multiple purchases, so you can identify the shares to sell to manage the tax consequence if this isn't a brokerage account and not an IRA. All right next question comes from Steven. If you are forced into unemployment, you are paying federal income taxes on unemployment payments are not contributing to social security nor to Medicare. How does this affect your future calculation of social security benefits and can one contribute to the social security fund during unemployment to mitigate any adverse effects on benefits, it is a little bit adding insult to injury, but you do owe federal income taxes on your unemployment benefits, and if your state charges has a state income tax, you probably have to pay state tax on that, although there are a handful of states that exempt unemployment benefits, so that's good news. And by the way you, you could have taxes withheld from your unemployment benefits you file. This form called form w four V. if you want, they withhold ten percent, or you can do quarterly estimated payments if you wanNA avoid that big tax bill at the end of the year, but if you're strapped for cash is probably just better to get the money now worried about your taxes later Eh. Stephen notes out. You do not pay payroll taxes. Those are the things that go into social security and Medicare so. So. It could result in a lower social security benefit, however, keep in mind that social security is based on your thirty five highest earning years, so if you enter the workforce at say twenty two and you work until you're mid to late sixties. That's more than forty years where the working so hopefully. If you miss out, if this year is not so good somewhere among those other forty, five or so years, you've had thirty five really good year so that this year won't be that big of a deal. So it probably will be okay. And then to address the last question. Unfortunately, no, you cannot make voluntary contributions to social security. There is at least one academic working paper out there. That suggested that people could buy into social security by like extra credits as opposed to contributing to your 401k, but so far that has not been passed by Congress I had an ex. Question comes from Sam. I heard to stocks discussed on another full podcast. When I read articles about them, it mentions they are thinly traded. I have two questions one I'm sure my position would still be quite small so I think I'd still be able to get in and out, but are there other things I should think about when it's a thinly traded stock and question number two. Is there a certain amount of? Daily volume you like to look for when considering a stock foreign investment. What volume do you want to see to not be? Quote thinly traded stock. Yes very good question in thinly traded stock just refers to the either the amount of shares or the dollar volume of shares that would trade on any given. Market Day and so. The. Thinly traded stock. The the problem is that you may not necessarily able to buy and or sell at the prices. You necessarily think you might be able to in other words when you look at a stock's price and you're looking through the. What what's going on throughout the day on the market, you'll see that did ask spread, which is essentially the bid. Ask spread is it's what someone's willing to pay for the stock versus what someone is asking to be paid for the stock? Because you know you have a buyer and a seller on on in every transaction they're. Normally most cases, these business business bread is very tiny, the couple of pennies maybe for most stocks because they're. They're heavily traded right there. There are plenty of dollar volume. But there are a lot of smaller companies small caps in particular in in you know a micro cap, specifically that don't necessarily meet these kinds of thresholds, and so you definitely have to be aware of that now I'll go back in time just a little bit, too. When we were running the service here at the fool called million dollar portfolios Roman Romani portfolio that we help manage members, and it was never really a problem, but we did have a condition in there. We were always looking for at least ten million dollars in average. Trading volume total daily volume now understand I'm not saying the number of shares saying the amount of money so basically shares times price, but we're always looking for at least ten million dollars. That wasn't set in stone it. It was an idea for us. It wasn't ever really a problem because we had a very diversified portfolio with a number of different types of companies, but when you're looking for smaller companies, you would've just keep that in mind that did ask. Spread is is something that just because it says the stock is twenty dollars. That doesn't necessarily mean you'll pay twenty dollars if there is a a big spread there between the bid, and the ask in so I think whenever you're considering stocks that have any lighter trading volume or thinly traded stock. Just be sure to use limit orders. Limit Orders of let us stipulate the price that you are willing to pay for or that you're willing to. To accept a if you're selling a limit, order is just a really good way to protect yourself from any unwanted surprise thinly traded stocks. You might not always necessarily get them when you want them, so you might have to lead that limited are in there for a little while, but but a limit order is a great way to protect you from any unwanted surprises. Next question comes from Randall. I'm in my late thirties now, but earlier in my life. I was very very bad with my money. Collection Calls Welfare and bankruptcy or not strangers to me. I've been at the bottom then I met the love of my life, and she convinced me to turn things around ten, and a half years later and I have done a complete one eighty, I took control of our finances rebuilt my credit and started investing and listening to all you find folks all. I opened it investing account with the goal of saving and building enough a down payment on a home. I'm happy to say we've now reached that goal. I recently sold at a profit because I didn't want that. Money tied up in the market. If we are close to needing it for a house, but now that we're here, I'm not sure what to do. We currently rent a basement apartment and our neighbors general living situation are less than ideal to put it mildly. So, we're champing at the bit to jump into the housing market that being said the experts have been calling for a drop in the housing market for a while, and that was before the pandemic hit now I'm worried that if we buy right away a year or two or three from now, interest rates will spike, and we could be put in a difficult situation. I live near Toronto. Canada or the housing market is already highly inflated in relation to the rest of the country should I be worried? While Randall first of all congrats on turning your financial life around love hearing success stories like that so good job on that. So I'll start with my standard answer with the rent versus buy decision, and that is just pull up spreadsheet and compare the all in cost of renting, including what you could earn on the money that use for down payment versus the all in cost of buying including the opportunity cost of putting down payment as opposed to having invested as well as insurance and taxes and maintenance, and all that stuff and project, where you might be in five to ten years based on various scenarios on what happens to stocks, if you. Rent an invest the down payment versus what happens to? What you'd look like depending on where home prices go. Generally speaking. If mortgage rates go up, that could way down on real estate prices we did see mortgage rates. Go Up for a bit a few years ago, but the housing market did find, but you could certainly envision a scenario where rates went much much higher, making houses, much less affordable and prices would have to adjust. But I don't expect that to happen anytime soon. I think we're. GonNa have low rates for awhile, but beyond that I don't know I've given up trying to predict where interest rates are going or even paying attention to people who try to predict where interest rates are going, so who knows? That said since you live in Canada. I thought I'd check. In where rates are these days and I and I got a brief reminder that things are actually different in Canada so I did a little bit of research. And then realize I had reach out to someone who knows, I reached out to Canadian Motley fool analysts Jim Gillies, and he had some thoughts so first of all just for you non-canadians out there. It is really different so in America. We get this thirty year mortgage than we have the same payment for thirty years. It's fixed. They don't have that in Canada. What's the most common is a twenty five year? But only the first few years or fixed. And then adjusts so in that context you can understand why Randall is worried about interest rates going up because over the next depending on which alone he gets the most popular is a five year fixed, and then you basically have to go get a new loan probably. So that put that in context, a little more, but also Toronto, really is crazy expensive. Vs from the end of last year that put it as the most overvalued real estate market in the world behind Munich. As Jim pointed out in our call here in the US we had our housing peak in two, thousand, six, two, thousand seven, and then we had what he called a reset, which is basically prices came down significantly candidate and have that slight downturn at home prices, but then they just kept on going up, so it really is different there, so when Jim explain all this to me, the difference in mortgages and the difference in home prices. Frankly he was inclined to say to this guy. You Might WanNa rent for while more and see what happens, but he also had the good advice of okay. What if you buy in prices? Come Down Fifteen percent twenty percent. What if they come down to a point where he upside down? You owe more than the home is worth. Are you okay with that? If. You're okay with that. Maybe it's okay to do that. But it certainly sounds like dicey situation than if someone were telling me like I'm thinking of do this in Dubuque Iowa or something like that. couple of other differences. In case you're curious about Canada in the US. Your mortgage is portable in Canada south. You Buy A. Get the five year mortgage, but then move get to take the mortgage with you for the next house and interest is not tax deductible. US Look at you, Robert, broke? Camp Can Canadian real estate experts there you go. Next! Question comes from Chris. I was on twitter the other day and saw that one of your contributors Brian Feroldi tweeted that he doesn't believe in a long list of technical trading terms and then modern portfolio theory. Can you help me understand what not believing an MP? T with mean this? He believed that diversification doesn't reduce risk. Also every financial adviser I've ever talked to his preached empty, so I would love to hear the counterargument. Jason you're not Brian for all the. Question I am not Brian for all the do get the talk of Brian Pretty good bit though. I I must admit I. Don't know what he said here in regard to modern portfolio theory and all of these technical trading arms. But I think I can take a guess. Generally speaking I agree with them, and I think you could sit there and look up the portfolio theory in you know read about it as much as you want. Just go to google modern portfolio theory, and you can dig right in there, but in a nutshell ultimately, what modern portfolio theory is the intention behind it? It's meant to reduce risk while maximizing returns. It assumes that investors don't like risk. They prefer less risky portfolios to riskier ones in order to achieve a certain level of return so right there. I kind of kind of lost me right there because I don't believe that every ever investors risk averse I think some investors have a very. Healthy, appetite for risk, and frankly I would say I got a pretty high tolerance for risk when it comes to investing, made it just because of what I do for a living but I. You know to me I like having that trade off least unhappy. Happy to take some risks there. If I feel like that upside, it's going to be potentially worth. So with modern portfolio theory, it introduces a lot of fancy math in the form of variances and correlations in order to come up with this. Quantifiable, investing strategy that ultimately helps reduce risk while allowing the investor to achieve. Certain returns in. Maybe it works for some not I'm not dismissing it personally I. Don't use it, I don't personally subscribe to it I. Don't need it. I think honestly for us. In a really believe it's extends to to most people in our full universe is that is individual investors I think a more meaningful way to reduce risk. is to just extend your timeline like invest longer. So like Tom Gardner said a number of years back when we were. Working on Motley, fool one basically take your take the time line that you think you want to own any individual stocks you buy shares of starbucks and I plan on owning it for you know five years. Okay, we'll just double it. Cloning it for ten in all of a sudden right there. You've given yourself more time. Time is one of the big advantages we have is individual investors. Money managers don't have that advantage, Wall Street done generally handed abandoned, either, but if you can be patient and just invest in good businesses. That risk really starts to come down over time. There are plenty of studies out there. That show that risk comes down the longer you hold onto those stocks, which into me, just renders modern portfolio, theory, more or less not useful mean on things, not useful for everybody, but it's not useful for me and based on Chris. Question It sounds like a agree with what Brian was saying there. We think I'll add to. That is I agree that risk is really not that much of a consideration if you are saving for retirement. But once you are in retirement man, and just say like you know what the market's not I'm going to extend my time highs in ten years. Because you need to spend money in that situation, I think diversification is important. It's important to have assets that don't always move the same direction at the same time. For some fools. That's just as simple as keeping any money need the next five years in cash, so you're right out any ups and downs, and that can be fine. But I. do think it makes sense to have. A mix of investment so that right now, technology stocks are doing very well, and we hope that continues to do well, but we remember was that happened in two thousand from two thousand to two, and there were down for quite a while anyone who retired in one, thousand, nine, hundred nine, or so it was very happy to have some small caps value maybe a. A little international, some reits to ride out the storm Yeah I think we talk about that often like recognizing where you are as an investor in life, are you in the grow your wealth stage, or are you in the protector stage, because they are two very different strategies, and we're all hopefully going to be in both of them at one point or another right? I personally and still on the grow your wealth stage I. Think we all probably are, but you will at some point get to where you need to focus on protecting the wealth that you've made so that you can then have that money to spend, and that definitely will dictate your investment strategy things that you're invested in and whatnot. Generally speaking I do like the idea for people who are just risk averse and have this notion that investing is just too risky. I mean the fact of the matter is not investing as far away greater risk like not investing. You will never grow your money if you don't the best, so if if if risk is a problem, I think generally speaking. Along the lines of diversification idea that that bros. talking about him, he just invest in invest in SNP index fund is something that just follows the progress and p. you know you're going to be participating in and if you look at that over the over the stretch of time, their five ten twenty thirty years, I mean that trend does go one way. It, but clearly the older you get, the more you need to start focusing on protecting your wealth, and that will change the way you view things. Right next question comes from Alex from Alexandria if I buy Muny bonds from another state in my IRA. Is it still taxable and Alexander with who we have a bond on and we do have a bunch. I know Alex up super excited about having a bunch on in Alexandria to I can't believe I haven't been there. It's like two miles from my house, but we still haven't been oh i. know because there's a global pandemic going on and we. saw. Alyx if we buy me bonds from another state in my IRA is still taxable. Bro, help him out or her or so Muny Barnes. People Invest Immunity bonds because they're free of federal taxes and in many cases. If you're buying bonds issued by the place you live, they might be free of state and local taxes, so that can be doubly triply tax free. That's why people buy 'em. There are some times, however that if you own immune, abound outside of an IRA. Pay Taxes and this surprises some people. There's something called the minimum tax. If you buy immunity bond at a discount, and then it matures at par. If you buy a distress, Muny bond for like you put an eight thousand dollars, and you sell it later for ten thousand dollars as a capital gain. You'll be taxed on that. So, there are some times when you would pay taxes on media. Now, Alex is asking what if it's an IRA? Do I have to worry about paying tax interest. If it comes from another state and the answer is no, you won't have to worry about that. The only thing I would say is. Generally speaking immune bond already has built in tax advantages, so you wouldn't keep it in an IRA, unless there's the example of the stuff I was saying previously like for. It's one of those exceptions when him UNIBOND would result in taxes than you might WanNa keep it an IRA, but generally speaking. If you're going to buy Muny Bond, keep it out of an IRA. Next question comes from Boone. I just did my first. Roth conversion and looked at that old account for the first time in. There was the expected dividend producing fund I remembered, but there was a stock chesapeake energy that I had completely forgotten about since I purchased the stock in two thousand, six fifteen. It's down way down like eight point five percent off the purchase price. What should I do with it now? It's in a tax deferred accounts so I. Don't think the loss is realized until I. Start to pull money out of the account and that might not. Not Be for fifteen years current value of all my shares will be about one percent of the value of the account after the conversion. Do I sell in the very little value? I had left and depend on E. Trade to keep up with lost for me or should I hold on based on the slim chance. The stock will be worth more in the next ten years. Oil Stocks do act unusually on occasion, only oil stocks. Stock everything else makes that usually. Chesapeake has been really. Interesting Story to follow and frankly. I don't I. Don't know that I would look at it today. As a business that I'd WANNA own so typically if I. You know I think it was yet idea. Didn't sound like a position are actively building united investment didn't work out. I mean that that happens to all of us. We don't get them all right. We have a philosophy here at the full. A lot of do we like to? Water flowers and pull the weeds, and that's just a nice way of saying. Add to our winners in to get rid of losers in. This I think is more than likely slated to continue being a loser I mean. Chesapeake has lost a lot of value. In it does sound like based on when you purchased this, these is absolutely busted I mean. There there are all sorts of reasons to sell one of them is if you thesis busted and the reason why you invest in the company is is no longer the case, and I would he probably is the case with Chesapeake so to me like you know, you could sit there and let it go, but but what's the goal trying to get back to even, or are you trying to get back a couple of bucks for me a lot of times? I'll I'll take a little opportunity here and there to just go ahead and pull those weeds sell it. Be Done with it. In even though it's just unique out a little bit value there, you can still take that money and do something more productive with it. So. Yeah T to me. I can't tell you to buy or sell obviously, but I can certainly understand. Selling in this case, but I you know. As as oil and natural gas energy can can turn around. This is going to be one that has a lot of headwinds in in. You might be waiting a very long time to to get any of this money back. I point out here that I it seems that maybe boone has a slight misunderstanding of how taxes in aries work because he talked about realizing the loss when he takes the money out and trade keeping track of the loss for him, it sounds to me that he thinks that he can write the loss off whence he takes the money out. That may not be the case, but just to be clear. One of the great benefits of an IRA is you don't pay taxes on the gains, interest and dividends from year to year. But. One of the drawbacks is. You can't take a capital loss on that as well so there's really no no way to benefit on your tax return from this loss. Next question comes from Benjamin. You recommend seeing a fee. Only financial adviser for check in every so often I know there is the Garrett planning network and others to help find an advisor. But what questions do you ask? And what answers do you listen for when trying to find one that is worth his or her one hundred fifty to two hundred fifty per hour. So I would say start first with asking yourself some questions. What are you looking for? You could go for the whole launch. Lada where someone is managing your money analyzing retirement plan helping new save and a five twenty nine. Maybe even doing your taxes with some financial planners do help with the state planning, or are you looking for something more targeted? You just want advice about am I saving enough for retirement, or are you close to retirement? You're like I just WanNa make sure that I'm doing right when terms like choosing my Medicare plan and claiming social security at the right time, so first of all just be very clear of what you're looking for. Then if it involves investments in any way, you WanNa, make sure that you find someone who is at least in the general same area philosophically and I say this, because many financial planners are hardcore index. And if you come to them as a motley fool, listener member with a lot of individual stocks. They may say okay. I'll give you some general asset allocation guidance, or they'll say I don't care if you like to pick. Stocks are not my advises, sell the stocks and go to index funds, so you want to make sure that if you're gonNA, ask for any sort of investment. Advice that you wanna find someone who's someone somewhat at least aligned for what you're looking for. Once, you've got that then. Just asked some of the typical stuff. You might expect so credentials certified financial planner. Are they a CPA either their personal financial specialist. How long they've been in the business. There are lots of people who. have not been in the business very long. Even though they're not young people, a lot of people choose financial planning as a second career, which I think is great, but just because someone may be look like they're in their forties or fifties. Sixties doesn't mean they've been in the business that long, and you WANNA. See if they've worked with someone like you right so if you have. Maybe. You have a large amount of wealth large income huge portfolio. You WanNa make sure that they have experienced with dealing with those issues, but on the flip side to if if you have, are you know middle income, decent size portfolio, but nothing too complicated. You don't WanNa. Go to someone who's used to dealing with someone who's wealthier partially because those people charge a lot more. You want to find someone who's kind of a little more lined up with what you're doing. Then make appointments with three folks. All of them will do get do free. Get acquainted means, and you're just looking for someone who you feel comfortable with. Since, you mentioned Garrett Big Fan of the Gary Planning Network and other is is not for the National Association of Personal Financial Advisers. But Garrett on their website has a how to choose an adviser section. Just Google attitude visor Garrett Planet Network has a great chapter from a dummies book that they wrote about how to choose adviser, and they have a good questionnaire that you can print out in US asking lots of good questions of financial planner. It's tough. Choosing a financial planner like my mom just went through that Bro! Is You know and she didn't really have a lot of options in Boise Idaho. Maybe two and one of them, she I never called her back, and never got back her, and the other one was just so busy just so busy, and just she just never. It's it can be rough. Finding a financial planner can be I. Think what we'll see is one of the consequences of this. Of the coronavirus pandemic. Just, like we are all used to working from home, many financial advisors and financial planners an now working from home. So in what they're doing is they're becoming licensed in more states. So, if you are more comfortable, working with someone over zoom remotely I think you don't have to stick with someone in your area. You can go beyond your locations, but you know some people don't feel comfortable that if if they're going to have someone managing their life savings, they want to be able to meet them in person. That's just a personal choice. All right next question comes from twitter. Is that right from sully what I hear? Okay? I just listened to the episode mentioning Your Weakness Two. Shopping carts and Tj, Maxx that me or you Jason. Accused me. Thoughts on the stock. If I had a war on Amazon, basket would be Costco TJ maxx Home Depot tractor supply. What would be your basket against online retail? That's funny. Well okay, listen I wouldn't have basket against online retail, because online retails where it's at. The whole idea. The whole idea behind the basket approaches to find a long term trend that you feel like the world is headed toward and so the war on cash basket, for example that was always one about people using cash war, traffic payments now with that said I get the spirit of the question some going to answer it because I do like some of these ideas. And I I would definitely include Costco in their in Home Depot's well. Home Depot gets a lot of my money. Doesn't, but they have a very loyal fan base of customers that just are happy to renew year in year out. So I love those membership models there, so costco and a Home Depot for sure you know I'm going to give a little shout at my wife Robin I. Know that she would approve of my adding target to the mixer. She hasn't been raving about targets APP and ordering on the APP the able to go to the store. Just pick it up right there I've talked with Ron Gross on more than one occasion about target and how this really has. Become a twenty first century resale right they're doing. They're doing everything online and in physical stores. What they call Alma Channel and then my fourth and I'm GONNA. Take this. You probably aren't expecting this when Alison. I'm GonNa Shock and all you. I'm ready. I'm ready Alta. We're going. Make up my I know my daughter's love. It ugly ugly Mug like this. What do I know about makeup? Tell you what. Get! A House with two daughters and a wife. That's what I know about make. There's a lot of it in an Ulta is a really really good business. They actually have a very nice diversified revenue stream. They've got the salon a`dynamic of the business which encourages people to go there they do have an online business. They have an augmented reality function there at where you can actually like. Try things on makeup to see how it looks. Mary Dillon just a phenomenal other adults of that's my fourth, their Ulta but they I appreciate the spirit of the question I like the idea I'm not saying this is the basket. I'm not tracking this basket in a not a not backing this basket, but in the spirit of the question if I had to develop. A basket, such as this one I think it'd go with those four. Yeah, I mean I guess you just have to think about what retail out there is something that you would still physically go to. Because the actual retail experience is being in the space is the experience and what you're there for? And I know I mean before Corona virus we I would go to target and just just couldn't believe how much money I had spent from walking through a few of the aisles. TJ Max is just a phenomenal business I mean what they've done through the years. Is really capitalized on the nature of the business, the advantage they have in that treasure hunt kind of nature like you go to TJ Max, maybe not necessarily looking for something, and then you end up finding a lot of things, and it can be a little bit lumping at times, but but generally speaking like management's a very good job of running that business, and they know how to exploit the advantage of experience. I think they're online game. Though I think they could probably get something going with online, and they just have not have not yet and so I. Haven't since Corona Virus for example. I haven't spent a single dollar there, but I continue to still shop at. Home Depot I. Think Yeah! We still shopping at home depot because we're doing. You know you gotta buy lumber somewhere. And I know my grandparents out in my my inlaws out in rural Virginia. They love tractor supply store, but that's not. That's not in where we live, but. Still New deck at the house there allison. I mean you, can you see? A big exposed beam behind me and some drywall work that needs to happen. Have lots of drywall work that needs to happen now though. Yeah Anyway get to that. All right next question comes from Matthew. I got married to my amazing wife nine days ago in a small Kobe nineteen wedding in our front yard after we postponed it from its original date in April all. It was definitely different, but still very special. My question is in relation to this wonderful event. My salary has been at a level that has allowed me to fund a roth. Ira I love the optionality of it, but after marrying my bad ass, wife are combined. Salaries are now over the limit that would allow me to fund the Roth. IRA does this affect occur immediately? Do I need to now open up a traditional. IRA and begin funding it or do I have until the end of the year. Matthew wants a Roth Bachelor party one last. Well Matthew I have bad news. When it comes to most things in taxes, your status and your age and things like that depends on where you are on the last day of the year, said if you're married on the last day of the year, you were considered married for the whole year. So that means if you contributed started contributing to a Roth IRA for twenty twenty. You need to call up your brokerage. Firm and re characterize that as a traditional. Now don't have any other traditional IRA, as it's very easy to do the back door, Ross which we've talked about before you can just google it or even when you call the brokerage, just say I want to do the backdoor. Roth and they'll tell you what to do. If, you have other traditional IRA as you can still do. It just becomes more complicated and you'll probably pay more taxes. So you, but you may not be totally out of luck and I should say that's only if you have a traditional IRA doesn't matter if your wife has traditional areas. One exception by the way of of what I just said. In terms of tax status and last day of the year is distributions from retirement accounts before it's age fifty nine and a half, you actually have to be age fifty nine and a half to avoid that ten percent early distribution penalty, unless some of the many exceptions that are out there exist. Right next question comes from Warren Warren Buffett. Maybe I don't know that's why I was thinking. He's asking about coq, so maybe maybe. Once James Opinion on coke. By? Or hold? Wants to now. I'd give buffet night give. Kiesel Warren of the same advice and I would say. For some I'm not buying it. Not Buying it I'm not holding it if I own it. I guess that means sell it. Even Atlanta Georgia person like you i. feel like it's almost sacrilege. I am pretty close to probably not being ever even invited back. But the facts are the facts. Okay, I mean you do have to look at the stock itself has been ain't bad stockton for the last five years. I mean I do understand why when you look at it what they do, I mean they have. Four hundred master brands, and less than fifty percent of them are the big global brands that are actually responsible for almost all of their revenue when I say almost only ninety eight percent, so it's a business. It's very reliant on on. You know a small portfolio of really successful grants. The problem is now. We've always talked about cocoa beans such a great distribution story and that's true. They've got a distribution network. It's just phenomenal, but the problem is now. They're what they're distributing is is being seen as not so good for you in so you're seeing them. Have it into to essentially pivot away from what you know brought them all of the success for all these years. Years in soda and that that's not going to change I. Mean you're always GonNa have people to drink soda? People are not to drinking as much soda going forward in the numbers of just kind of the kind of shown that through that through the quarters in the years of Coca, Cola and Pepsi Pepsi. Has the salty snacks division, which I've always been very. Impressed by I, mean I love a good Cheeto, and so I mean anytime you can throw a bag of those cheetos in my Patriot Amok GonNa, turn it their coq. Interrupting, but I think this is also very important point. You tried the Jalapeno White Cheddar crunchy cheetos. The White Shit or so. I've tried to Jalapeno ones but I've not seen the white Cheddar White Cheddar Jalapeno crunchy cheetos. Don't get the puffy. The poofy ones are not as good, but the crunchy white Cheddar Jalapeno Cheetahs. them by them. They're amazing. I have to back. Pain you. I'll get those next time. I promise I, mean Eh. One. crunchy wants the puffy ones, so that people won't you're not? You're not seeing poopie. Who using poofy Joe Copy? We'll be Coca doesn't have that dynamic of their business. They don't have that dynamic to their business, and they've suffered from that Pepsi's Pepsi's outperform coca-cola over the last several years. It's not safe. Pepsi or coke get it back. I'm sure they probably can. But what I am saying is I think there are a lot of better ideas out there, and so I wouldn't be putting new money into Coca Cola and frankly if I did own it. I probably would look at selling it and you know if you've got a beverage company, maybe own starbucks. It seems like the science coming out in support of coffee, right? It's coming and telling you that these sodas. They're gonNA. Make you fat. Coffee, it could extend your life. It could help you live longer. SMART Mexican looking this a starbucks as well is. That sounds like study from the copy roasters of America. Do! Something that Chris Hill sent me the other day. that. We sleep at night. I'm glad I've been drinking coffee as long as I have God knows what I would look like otherwise. You're a good looking man. Rick. good-looking next question comes from. A. I'm trying to save money for my kid's College. Fund while the five nine is a great option. I'm limited to investing in mutual funds, which means at best I'm going to get what the market gets assuming I do some sort of low cost index fund and I be a capital F. Fool investor have been doing much better than the market in the last three years of being a member of. Of Stock Advisor Enroll breakers, even during this pandemic mess by listening to every full podcast and following David and Tom's and yours and every one else's in the full universe. My portfolio of about one hundred stocks is up here today. Thirty percent to the market's down five percent as of day as of today weighed down by three sluggish five to nine plants that are also down five percent each. I feel like throwing away money by using the five to nine, and not being allowed to select my own great companies in which to invest. What's more, my understanding is that the five to nine does not count as an asset for the kid when applying for student aid, but the coverdale does. So I come to you with a simple question. Can I have my cake and eat it, too? What if I wanted to use the coverdell to buy individual stocks? Until the child is nearing college? At which point I then converted to a five to nine. This allows me to get better returns and avoid it being an asset for financial aid and get the favorable tax benefit. So, chose this question, because first of all Dune does a good job explaining the benefits of the coverdell over the five twenty nine, you can buy individual stocks. You can buy and sell them all day long. We recommend that, but you can. Whereas with the five twenty nine, you can only make two changes to the investments a year, and it's all mutual funds. So. That's you did a good job of explaining that. I will point out with the coverdell. It's gotta low contribution limit of only two thousand dollars a year, so for some people save more for college, but they can max out to cover it out, but then put the rest in a five twenty nine. One thing that doomed does not have quite right. Is The financial aid treatment the financial aid treatment? Coverdale's and five twenty nine is identical. They're treated as assets of the parent, not the kid that is favourable from a financial aid perspective. It's not negligible doesn't mean it doesn't have any effect on financial aid, but it's better than an asset that is owned. By the kid. He can. Transfer money from the Coverdell to the five twenty nine. If for some reason, he decides to do that, but you can't transfer it. The other way around so were convinced to try out the covered. You have money in a five twenty nine. You can't move it from the five twenty nine. To the coverdale. What other interesting thing that he pointed out is that he is doing very well with his investments, and he owns about one hundred stocks. We get this question a lot. Either on the show, or on the full live that we run every day for members of full services, and that is how many stocks should I own, and if I owned too many are not just owning index fund watering down my returns, but here's an example if someone owns a one hundred stocks is still crushing the market. Idol last question comes from Cameron thoughts on the valuation of Stone Co in light of the corona virus for a fragile country like Brazil. This could be the tipping point after so many other headwinds. But how does that affect stone? coz Business Jason I. Don't even know what Stone Co is. What is still business? Yes, don't Coz a payments company that's focused on Latin American markets in Brazil and particular in so I guess it could be. Draw you can draw a parallel to to a with square through pay pal at, but generally speaking I mean it's payments. Company focused on Latin America. Primarily Brazil. Is the big money making market kind of like Marco Libra, they're. In I, I, it's a it's. A NEAT opportunity, gained a lot of headline recently, when and it was, it was seen that Berkshire hathaway. Warren Buffett's company Berkshire hathaway taken a five percent position in the company, which is pretty considerable i. Think in the near term. You have to acknowledge the fact that. They're gonNA, be some real headwinds in in Brazil particularly because of the pandemic I mean. The flip side of that is role in same boat kind of in that regard. The entire world is dealing with it, so it's not specifically you know it's. It's not particular to one economy or one country some. To get hit harder than others I, do feel like Brazil. Be at a place where they can recover from this given You know some of the other businesses in the area. I mean that that that I think is. Who knows ultimately how? That's GONNA shake, but generally speaking. I think the move away from cash towards cashless. Transactions in and financial software that's not stopping if anything, this hastens that which which is what I think, Cameron's talking about there and for a company like stone. Co, neither are other companies in the space pags bureau in roquetas libra to but you know moving money around is a big big market opportunity, and there's nothing that says they won't be able to expand well beyond the Latin American markets, too, so I I'd say cautiously optimistic I mean I
EVO 2020 was cancelled
"Yvo Twenty twenty has been canceled due to various sexual abuse allegations. Yvo Is the biggest annual fighting game tournament in the world, and even with the covid nineteen issues plaguing everyone on the planet. The tournament was soldiering on with plans to make it fully online. Earlier this week, however that all fell apart, and in order to learn more about it, I called on Imran Khan to explain everything Imron. Come into the gaming ride home show again for having me Yvo was canceled. And I just want you to give me the full story. What happened? Why was it canceled? Everything start from the beginning, so ego is the biggest fighting tournament in America Kinda the biggest in the world. There's like some discussion about that at this point, but ego is basically where fighting games have been aspiring to for the last twenty thirty years and listening started in the ninety S. This year, obviously because of covid kit have their usual Mandalay Bay Las Vegas big gathering of fighting game players. So this year they ended up canceling I place. Eve Online Eve online was a different thing where the. Mainly, got games together with like Netco like mortal Kombat eleven and them fighting her indie game that was originally based on my little pony, but basically it was A. It has to evolve brand that could stay around despite not being the big mass gathering tournament that they expect over the last couple of weeks. There's been a bigger. industry-wide movement to out sexual predators in gaming and the gaming industry, and some companies have been hit harder than that are with that bubis off for example, but for the most part it's. It's not a huge thing within the FTC. Because the FTC's always kind of had a reputation of like. Being a bit more open with their sexual harassment and it's always like. It's never been to a level of. A mass critical mass. Joey quilter this past week yesterday in for yesterday in fact was outed by a player. Named He's just does mikey. He goes online and is after the tag is crack. Peron but George Taylor. Who is the head of the current? President Vivo who founded it with Tommy Tony Kanaan. was outed for experiences when he was. Close, to twenty, where they were southern golf land, which is an amusement park in l. a.. That mikey accused him of basically. Paying money to young kids to take their shirts. Germany polls mikey related experience where he said quarter. Paid him twenty dollars to see his genitals inside a restroom and bought him pornography so. It's IT'S A. It's a larger thing that when you look at it from the perspective of not a child who just thinks they're having fun. It's real creepy, but what is conditions came out. Other people's Front, also coming out of the woodwork, saying like more finding old chaser people were talking about doing these things, but not naming names, and now that it's out. The floodgates are broken out. Yvonne immediately went. No, WE'RE GONNA put on administrative leave and check this out, so I mentioned Tom. Tony Kennedy before their more famous like they are obviously co-founders of ego, but there are more famous right now for being developers of Product L. at riot games so. They had to step in for this and go okay. We're looking at this right now. We're investigating and seeing what happens. It did not take very long before nether realm. I believe the first one like say. Are Involved with ego involvement in that sense means we don't WanNA game there. We're not going to earn any money towards prize pools. We're not doing any advertising which is fairly big deal. Arguably moral combat was like the lead game for that tournament. Right for the online tournament. Yes, Merle come at usually has a hard time with like the in person tournament. Fighting community hasn't really take to that game too well, but as an online net code game like for example, smash brothers was canceled for Eve online because the net code. Isn't that good, so this is more time to shine. The actual like really arguably was streetfighter as it is every year. This year. Are Not meeting her, but a little bit. After another canceled COP CANCELED IN ONCE CAPCOM cancels gets away from ego. Then that's that's the ballgame lets. Everything goes away soon after main sex developers of them biting heard who this is their big chance to become A. Kind of a household name and if I didn't need community, they cancelled. Bay Namco canceled and ran into that ego are the canons came out with a message from as ego saying? Hey, we were cutting for joy color. He is not president anymore. In the future, he will have zero involvement with the organization this not he's going to not be on. He's going to be on the board, or he'll be the FCC or he'll still kind of tournaments. They're cutting it off completely. Shortly after that they also that announced, we can't under these circumstances and this change in organization also do evil online in a couple of weeks in August. A month or in August? I. Know that screws over a lot of people, but. It seems like honestly the best. Call right now of. You'RE GONNA have to go through with work. That joy has done or you're going to have to. Try It's from scratch. Cobble together in event that takes at least a year to actually set up and try to get together in a couple of weeks. Yeah, I mean they just they basically. Got Rid of the boss in the most public way, possible right I mean it's it's you can't just like recover from that in a matter of weeks. Really Yeah, it's. It is one of those things of a lot of this is. Probably high time for the funding community insert reckoning with a lot of these things, because it's an issue for a number of years, it was I. I don't know if you recall but a about eight years ago, there was a street fight across capcom across Tekken. Show online, and it ended up ending as a result of some sexual harassment claims, and those a big divide in the community about like whether sexual harassment was a just a part of the culture or not and. Stuff like this doesn't help that argument. No I mean I like you, said earlier I mean like. Feels like the right call to elevate it, and as disappointing as it is for Yvo to be cancelled like it's a big flag for like we need to address. This is if we're going to cancel this event because we need to look at ourselves internally and I think I. Mean Hope the hope is that they come out better on the other side. I mean it seems like this is one of those things where. I. Hesitate to say Covid kind of save them but. If. This were an actual in person things still at Mandalay Bay then they wouldn't be able to cancer that quickly an online tournament. Shuttered a lot more easily. The bigger question now is what happens next year.
How to Dream BIG
"So dreaming big I'm a big time. Dreamer I have a lot of friends who are big time dreamers. I'm realistic dreamer but I. Just believe that. If you shoot for the stars, you end up getting a lot right even if you don't get to the store you want to go to. You'RE GONNA get a lot more? If you shoot for the stars then if you don't then if you play small, you don't fly small. You're board place mall. You're born. Play big. Let me. Ask You a question. Do you still dream? About what you're going to be when you grow up. It's funny as I've gotten older I've never stopped that I never have. I get more excited, the older I get, and I find myself years ago when I was a younger guy when I was in my twenties and stuff I would. I would talk to people in their seventies and eighties, and they would say I still feel like I'm eighteen. And I never got it, but as I got older decade after decade after decade. I get it now. But one thing I've also noticed a lot of people don't have the dreams that they used to have. They're afraid to have them. They've forgotten how to dream. I still do that I still wonder what's GonNa be when Scott grows up and I'll let you figure it out, but I'm having a good time doing what I'm doing right now. Those visions. Those type officials keep hopping around in your head. Think about it for just a minute. Do they miss a reason? They're in there. As I've said many times before. If these ideas pop into your head, you got a couple of choices you can go. Do something about it sometimes scary. You cannot do something about it sometimes scary, or you can sit there on the fence getting spinners in your ass worrying about the whole time, drive yourself crazy for the next ten fifteen twenty thirty years. I highly suggest you don't do that. I want you to take those ideas on your head. Look at them and acknowledge him as a yeah. This is Kinda cool. So. They're popping around your head I. Want You to? Think about this. One is your big awesome motivating mission. What's your big awesome motivating i? Call Them Damn too big awesome motivating mission. I have goals like that as well. What's driving you? Where do you WanNa, go think about it inside and I will tell you this. In with ninety nine I really truly is ninety nine percent. I'll get people on the phone with coaching calls. I talked to people on the phone a lot all week long. I'm talking to people on the phone all over the world. And I will tell you. Uh Question. I'll say so. What's in your head? What's going on what really want to do? What are your dreams? Which your big awesome motivating mission and the global? No. I so I know you don't know, but if you did, what would it be? And then they go POW for the next ten minutes. They told me exactly what it is, and then if they forget it gone and I said, did you hear what you just said? Did you hear all that stuff? That just came out of your mouth. Yeah. We're there come from. the, smile on their face, peers I can hear it on the phone or seat on the call. So you have asked that question these visions in your hand. These things you want to do when you grow up what's driving you? What's at big awesome motivating mission? Mine is to do what I do. The Best I could possibly do knowing full well that if I do it really really well. Other people get all excited they Scott I wanNA I. Want what you've got going on there I won't come. Hang on to you a little bit. I wouldn't suggest it because I move fast is going to be unpredictable. I can be a radic. Sometimes I like to sleep in late on Saturday stuff like that. You probably wouldn't like all that stuff, but. What drives you Bam. What Dreams Excite you? Give you a feeling a happiness. I know that Scott. I can't do it I have this idea. Somebody really excites me I. Just be so happy doing that, but I can't do it. Why not? Why not because it scares me? Bam sure it does anything bigger than you. You never done before. It's going to scare you. What excites you though? Scares excites at the same time. Have you ever noticed how close to feelings are. Somebody screaming Oh my God. They're screaming. Let me say here. I come to see the day. Underdog is here. You go there, and you find out somebody's laughing hysterically himself. I thought you were dying. Laughing Fund Yukos cracking up. He cracks me up when he says that stuff. What's cares what excites you? It's kind of the same in that. Oh my God think about that for a second. Get excited your goal and yet it feels like you're fearful Bam. What makes you smile? When you think about doing it. It's that simple. Makes, you smile, you say. If I could get myself to Bam. I know it's in their. My question is. Do you have the nerve to? Admit, what's in there? Take a few minutes and figure out which Bam is and stand up. Take a SIP repeat Yvonne going to get what you want. Because I'M GONNA. Come over to your house and Meka. That's the case. Okay, I am.
Travel to Bosnia
"Welcome to the amateur traveler I'm your host Chris Christensen? Let's talk about Bosnia. I like to welcome to the show. Canaan Charter, which who is coming from Bosnia and his coming to us from highlander adventures dot, be and has come to talk to us about Bosnia Herzegovina. Canaan welcome to the show. Thank you very much happy to be here excellent and for people who can't find Bosnia and Herzegovina on a map. Where are we talking about? Well. Everyone knows how to find Italy. It's a big shoe ships country. You have a boot-shaped country, so just go to the right side across the Atlantic Sea and we are right there. Well and your neighbor of Croatia. Bosnia you know goes around like little crescent moon. knoll on the West and south, and then these we have Serbia and southeast Montenegro. I to address. You're interested in making sure that people understand that. If they remember news about Bosnia, they may be remembering news from twenty thirty years ago when Bosnia was going through. A, war that's done, and that's been done now for quite a long time there there are people who are out in the working world who don't remember that and it's a wonderful place to go I. Want to say that I was anxious to do this show because we haven't done a show on Bosnia for a long time. And since then I have been to the country and loved it. So why should someone go to Bosnia Herzegovina? Well, there is a lot of reasons depending what you're interested in now. Bosnia is very complex country, but extremely small size of Pennsylvania, but inside. You have so much for the adventure seekers. There are so many adventure opportunities from Whitewater. Rafting canyoning to paragliding hiking is spectacular, and then if you're into history, we say that we have much more history than we can handle. Different Than Empires were here. We like to say where the crossroads or that where the meeting between the East and the West. Culturally very complex country, and also religiously we have Muslims, we have the Orthodox Christians, and we have Catholics with three big groups. Of course there's the Jewish community here which has been here since they were thrown out of Spain after Kista, so for five hundred years, all of these make this crazy, crazy and beautiful mix that very interesting for foreigners to see because inside I will for example and. And in many other cities in Bosnia, you can pined mosque Docs Church Catholic, Church and a synagogue literally in two hundred meter radius, and it's been like that for five hundred years while inside I will because that's how will the city is? And all of a Bosnia and we're very proud of that architecturally very different from anything else you can find in Europe you're GonNa, find this mix of. Of European styles as well as the optimum styles and a lot of course, local Bosnian styles in all of that mixed together will like to say that we are a Bosnian pots. That's one dish that we have. It's cooked in a big pot with a lot of things, mixed sight, and that's Bosnia a lot of things mixed, and it works perfectly. An Indian taste is fantastic why you should. Should visit Bosnian well. Whatever you choose. You're GONNA love it. If you're into history too much of it, you're into nature. It's absolutely stunning. It's fantastic, magic Pennsylvania, and then put inside the Rockies Grand Canyon Inca trail at a lot of other things as well a bit of New Zealand as well. We just like seaside. We have twenty four kilometers of seaside, so that's one thing with them have. And then, of course, for actually learning history or getting certain messages, let's say about life about history. How people live together or how they don't like each other, because while we had a lot of wars, let's especially in the last two hundred years. There's a lot of lessons that you can learn in Boston. Let's say war tourism doctors is now very big part of tourism in in Bosnia so if you want to learn about that, we are definitely to come to see what happens. If you don't defeat fascism, like most of Europe defeated off the Second World War and it actually shows how life can be both good and the bat also if you want to visit a place. which is completely different than rest of the Europe and very relaxed very laid back with fantastic food, most at a lot of reasons I think.
How B.C.'s Indigenous communities are facing climate change, and creating solutions
"The signs of climate change are everywhere. Lighter snowpacks others rising water levels and the conversations around climate are shifting just two years ago the phrase. The green new deal was just a bullet point in political platform since then it's expanded into a worldwide phenomenon and a solution. Some feel will slow down. The human caused portion of climate change. Jillian brave noise cat is been there. Every step of the way he worked with elected officials to help draft the green new deal resolution. Julian is a member of the Canam Lake Ban to cast skin in British Columbia. Hi Julian welcome back to the show. Thanks so much for having me so first of all. What is the green new deal so the green new deal began as a resolution introduced by representative Alexandria costs? He'll Cortez of New York and Senator Ed Markey of Massachusetts. It's a resolution with big ambitions to take on the dual crises of inequality and climate change but the discourse here because America's media market political scene often spills over into Canada and Europe and elsewhere has also been picked up by sort of more left leaning forces in other countries so the New Democratic Party. The Social Democratic Party in in Canada picked up the green new deal as part of their platform and has been talking about it in the Canadian context as well and use climate activists who are also sort of affiliated with the left wing and Canada have also been talking about potentially a a green new deal for Canada. What the green new deal is in. That is big jobs infrastructure investment. Sort of package so your listeners might be familiar with sort of carbon price and tax approach. That has been led by the liberal government in Canada and the distinction between that approach and the green new deal is that rather than sort of forcing consumers and businesses to have a off where they have to pay higher prices for gasoline. And things like that to sort of benefit the environment and to lower emissions. The green new deal says that we should invest in decarbonising a whole set of industries and sectors in a way that will create jobs and promote a more fair and equitable economy. Why is this important for indigenous people in Canada so I think that first nations and indigenous people in both the United States and Canada have played an outsized role in the fight for environmental justice over the last ten twenty years? Maybe even further back. If you look at the history of resistance to pipelines and Forestry and mining you know first nations have often been some of the loudest voices you know. Putting their very bodies on the line in front of pipelines and projects. That are going to damage the environment and public health. So I I would say that. A lot of the grassroots energy of the green new deal comes from first nations for example representative Alexandria. Cossio Cortez the politician who led the charge for green new deal here in the United States actually got started as a volunteer organizer. Supporting the move. Minute Standing Rock So I would say that. The indigenous movement both in the United States and Canada really has played a significant underlying role. That people haven't fully appreciated in producing the green new deal. I think the questions that first nations sovereignty and rights raise for the green new deal or not just the fact that communities are disproportionately harmed and polluted by the fossil fuel industry in particular and other extractive industries more generally but also you know what it might look like to in both the federal systems of Canada and the United States to incorporate first nations governments as equal partners in the federal system. That is that is pushing for action on climate change. What would it look like for first nations governments in in Canada and the United States to lead a transition to clean energy to create a lot of the jobs in their communities to be empowered as environmental stewards in protectors? And I think the examples that we should be looking to are things. Like the Guardian Watchmen program in the great bear rainforest. Other parts of Canada where first nations twenty thirty years ago stood up against logging and forestry and now today employ some of their own members as environmental stewards and protectors making sure that some of the most important carbon sinks in North America remain protected and can help us in the fight against climate change. So I think it's those kinds of things that we should be thinking about and then abroad or sort of intellectual and philosophical sense. I think that climate change really is an existential threat for humans and human societies around the world and of course you know first nations you know what it means to live. Through an apocalypse we lived through the apocalypse of of colonization. We lived through the apocalypse of our children being taken away to residential schools Canada and boarding schools in the United States and in a broader sense of human sort of confronting this enormous tragic upheaval to our societies. I think that you know indigenous people in Canada and and more generally actually have perspectives and experiences to lend to those set of
Enterprise AI Readiness, and Moving Beyond the Hype Cycle - with Stephen Pawlowski of Micron
"SO Steve. I wanted to get a sort of kicked off here and get some of your ideas about what you really see as the core components are aspects of Ai Readiness within the enterprise. People use the term. But what do you think it means? Well it is an interesting question. I think is really kind of the genre of all things that are going to completely change and transform how business is going to be done in an essence. That's true it has been around a while and I think they're now with the advance in hardware technologies. He's abuse in terms of software and the Plethora of more data. Were starting to see transformation. People are starting to use in the starting out with point solutions and then as those point solutions start to evolve looking at targeted use cases where they happen to have a set of data and they'll call a company in and say here's my data. What can you do with it in able use it to give me any value in? Eventually it becomes transformative or changes entire organizations and businesses and typically. That's a there's the hype factor in that. It kinda dies off. And there's a general build out over twenty thirty years and so I think in a were probably still at the hype phase but eventually will start to see more and more of a gradual build out where people will start to use it as the same transformative technology that you know people used with the introduction of the microprocessors of example were the revolution that the provided got it and the I think the Internet analogy is is used serve somewhat frequently with intelligence arguably a good analogy because it's not closed off to particular use cases here. Yes so Steve. Do you when you look at where we are with a I N. You mentioned tour of the hype cycle here and then eventually the technology becoming the norm. Do you believe that we are still at the precipice of hype or do you think? We're sliding down closer to reality right. Now what's your take on that? I think we're pretty close to the precipice of hype may be starting to slide down to the backside. When I first started micron six years ago there was very little investment in terms of silicon by venture capitalists and then we just started to be inundated by more and more companies. Claimed they were doing artificial intelligence and artificial. Ai Solutions and the number of silicon companies. I've tracked has been greater than fifty. We're starting to some of those kind of taper off where there's not so many new companies coming in and the companies that are there. Some of them are doing pretty well and they're able to raise money and build a business case in still there are others that are struggling because of being able to provide a differentiation. So things seem to be. They don't seem to be on the on the feverish trend of going up and say everywhere. I think it's really getting to the point where it starting to level off fan in an. I don't know we'll see a big trough but will will start to see as just a slow and steady build out where people will not only use AI to you. Know find a cat picture or something like that but it'll be used really in the point where it becomes transformative were it's affecting our everyday life in ways that we don't understand today doing just simple things that are done you know in terms of different devices that you use like your phone whatnot analyzing your voice to potentially doing pretty substantial things like terminated ruined cyber attacks occur at tried to prevent those or something that would be very prevalent today understanding how disease can manifest itself and to be able to see how it would spread based on knowledge that we we have to date and be able to contain that in a way. That's better than the methods that we're doing today so I'm really seeing more of. It's just starting to you. Know the hype is GonNa tapering off. But I don't think we're going to get the big bubble that we saw before but just a steady build out from there. Yeah I think a lot of people have their fingers crossed that were sliding down the backside and indeed there are some companies that her surviving some companies changing their value prop every six months until they raise around. Run out of money as you had mentioned. Maybe a little bit less in terms of the proliferation of brand new ones. So hopefully. We're settling into something here when you think about sort of what it takes for a company to become Cereti for when I bring up. This question with other enterprise leaders is a lot of things that come up. Talent concerns around data sciences educating executives data infrastructure in this hardware and software. You think about event you think about a hospital becoming quote unquote. Ai Ready many of the listeners. Who were tuned in right now are asking themselves. What are the components are what for you do you think are those pieces that enterprise leaders should see as discrete aspects of the coming ready to use this new? Internet as the you use the analogy. There will you brought up most of them. I think. First and foremost you need a strategy just saying that you have a I. I don't really know what that could There's gotta be some reason why why this particular technology can take you to the next domain. The reason it's really taken off from a hardware perspective is because it's the type of computation. That's very highly. You know that can be done on a plethora of devices in you. You know you're not relying on the old trends of technology scaling like Moore's law to be able to get the kinds of capabilities that you would out of traditional computing as I'd mentioned most algorithms have been around for years and they'd run on traditional. Cpu's now people are starting to use different artwork but there really is a strategy. If if you've got good business processes and good business continuity if AI is gonna get you solutions quicker or it's allow you to be able to analyze the amount of baby. You're getting more and more in faster way than it's the technology for you. It's not gonNA essentially enhanced business capabilities that you currently have or or the services that you're providing traditional computing still has a ways to go and it could potentially be the The focal point. So I'd really focus on strategy first and then you brought up a really good run. Which is people couple years ago when we first started when I first started diving into the AI again onto to school. And then Kinda took a thirty year. Hiatus but when I started diving the day I again question people would ask me as well being from Memory Company House member used today and my answer was I didn't know now that could be my answer could have been. I don't know and then I'm going to avoid the question. What do something else or dive in. And be curious to see. What is the we need to do to be able to for I as an agreement I think there are a number of people in an organization that are going to be afraid that is going to replace job and in some cases over that may be true. But I think there's the opportunity for Enterprises to either going to be some people that want to learn and evolve providing the appropriate training providing the online courses that are available and allowing people to basically grow their skills. I think is going to be really important. Some of them may not have the desire to do that. Generally speaking I think most of them do and their jobs will change is my job is changed over the last thirty eight years. I've been in. The industry used to design things with a pencil. Now use big computers and big a very sophisticated programs through the same thing that I did but things have gotten more complex words or it's been necessary. They need to think about the data. Data's being generated in in significant ways. We've got huge data sets where it takes me just a lot of people to take that data and and label it you know. Give it the key characteristics that you would train the artificial intelligence machines to be able to recognize and be able to make decisions upon having that data in were. You're GONNA cute where you're actually going to do. The kind of work you need to do is going to be really important. Start to see more people look at colocation not only because of the speed over response but just the energy takes the mood that information to the a computer complex just to be able to do the level giving the and the needs in the data amount is going to continue to grow. We don't see that dropping off in any way shape or form and I'm convinced that there are key discoveries in data that we don't know today in so keeping it around a while until you can gain more insight and be able to apply new technologies new techniques that data. I think you're GONNA
Jochen Zeitz on the Power of Fashion to Drive Sustainable Change
"Good afternoon you can. How are you today? I'm very good high Iran from America. You're in new. Mexico is that right. Yes shattering at home because our officers are still closed until later this month. Okay and tell us a little bit about where you're at in New Mexico. You have a home there. I know but you. You spend your time in quite a few different places. So why did you choose New Mexico as a place to sit this quarantine out because Just being appointed to the position of senior and president of Davidson then the company's movable key and to and I'm only one time zone away from Milwaukee so I'm headed. Us publicly listed company now. And and hence. Why I'm a US together with God it well that I guess. Pratt for practical reasons that makes perfect sense though. I hear that New Mexico's also very beautiful and I can imagine that doesn't hurt. It certainly doesn't enter this still lots of opportunity to ride a motorbike as well. You know. Yuck and before we get to the topic at hand I think you know that This week on the business of fashion. We've really been focusing all of our content and discussions around building a responsible business so it strikes me as very interesting that you've taken this new role as the president and CEO Partly Davidson because apart from the fashion industry and maybe the Energy Industry the transport industry is one of the most damaging industries in the world when it comes to our planet and so I know you have this incredibly long and sustained career in focusing your professional time and energy on building more responsible sustainable businesses. So you can you tell us a little bit about you know why this opportunity at Harley Davidson was so appealing to you. Well first of all because I believe that sector leaders and iconic brands have a tremendous opportunity to contribute to a change in consumer behavior. As a whole and I've done that in my boss lie that coma as both carrying also helping them said business. The Independent initiatives at the time being called. Ppo hold now carrying. And I just believe that sector is an iconic brands have that opportunity and we should use it as a as a way not just to be more responsible but the actually looking at it as an opportunity for jobs in the market. You're seen as a kind of turnaround specialist. You know. You've gone in from a very young age at Puma. I think you were the youngest. Ceo in Germany of a public company. At that time. And you took Puma and really help to not just turn it around from a business standpoint but also really inject some of these principles That we've been focusing on this week at B. O. F. into that business so I guess you know in the first instance someone who's operated in this space for a very long time. I mean how is it that you defined what a responsible business means now but a sustainable socially responsible business means how do you articulate that to people in your teams or elsewhere when you're trying to kind of gain further? Bienne that this is the way you more businesses need to be thinking your lipid limit. Stop with the first part of your statement rather than Christian and calling me a turnaround specialist. I would look at myself as as a change. Agent more than a turnaround specialists and the foster. The world changes the boy. I need to be a change agent and an still change it. What you do in Your Business and I guess ozone our private life if you look at how the world has changed especially in the last few months so I don't look at myself of turnaround specialist but somebody that's challenge the status quo and to come back to your question is when you when you look at the State of planet. Today we recognize that we are taking more resources away from old planet leaving if irreparable damage that means we have to change and hence we cannot just look at shareholder. The value growing a business any longer but we have to look at it responsibly. But at the same time also as an opportunity and how we can actually do better as a business but doing so by keeping our stakeholders robin just showers minded. Our Planet is key stakeholder because without our planet we won't be able to function so that's clear and then the corona virus crisis hit in the last few months and businesses throughout various sectors. Have been hit hard including Harley Davidson the industry that we work in the fashion industry. I mean how. How do you see this kind of responsible? Business thinking in light of the crisis that we're now all experiencing both from kind of public health and an economic standpoint. I'd say even going into the crisis you start to see change. In a lot of companies more and more companies that may be compared to five years ago where it was handful of select leaders and companies that we're promoting a more responsible way of doing business And I think this is only going to accelerate. I think investors are asking the question that was one of the missing links in the past that quite often investors. We're not really looking. Yes G. or sustainability as a as a an important Harrasment based on which one should just judge investment. That has been happening. I actually see this accelerating post-crisis that you can make the business case for a planet And you can say what we experiencing now with. The virus is just a false way of experiencing climate change that will happen over decades but the resolves is creeping change or planet which will have negative impacts on how live operate and work hence something. We need to get our hands around on. This virus is is a testament for a needed cross change in order to deal with a much bigger crisis that the would it be affecting our lives wrong world in twenty thirty years to call. So we've been talking this week as I mentioned about. You know the idea that. The fashion industry needs to clean up. Its Act and you have the very unusual position now of WHO's operated right at the very heart of the fashion industry as you mentioned both at home on caring and I know you stepped out of the industry some time ago but I'm sure as an observer and you know someone who was kind of closely embedded in this industry previously. You've been watching and I'm curious to understand your like. How do you see the fashion industry now? In light of this need for the industry to clean up its act and you know some of these things that you were talking about for years. These principles around sustainability and creating a business that simply extract resources from the planet and exploit people businesses that really found a way of operating while respecting these different stakeholders. I mean as a as a as a former insider now an outsider. What are your thoughts now on the fashion industry on this journey of of of kind of shaking things up when I look at every crisis in opportunity. It's an opportunity to really look at your own south. It's an opportunity to look at Your Business and how you operate and say what can we the essentially change to adjust our says to the new noma coming out of this crisis. I would say it's it's a given that they will be do a which is affecting our lives which is effective way effecting the way we we by the way we triple. A. And our consciousness about critically shes of our world advising domestically I think that's if businesses don't ask themselves that question you know you would be history of rather than the future attempts to fashion industry. I always believe that you need to embed sustainability into the DNA of Your Business and of your brand. You don't want to be the one shouting. We are sustainable. Be less understandable and others Jimmy. It's a definition of quality and a new way of looking at what is quantity in the future versus what was deemed the poss. When our Resources Ltd I would just simply say as quantities. Such an important driver luxury and desirability. If you're not sustainable. You don't actually operates with quality products that that's the new definition for me. That embed sustainability in every decision. You make us a business as a business leader as design as a manufacturer and and we need to look at this very seriously at and not just a setup sustainability departments that only scratched the surface but actually embed the word sustainability into our day to day operation.
Must Read: Stillness Is The Key by Ryan Holiday
"A lot of people here. The title stillness is sticky. And you think that your some sort of you know Buddhist monk that has no emotion that's not really Producing modern things in the world. Maybe a little bit old fashioned. No stillness is a sense of calm intercom that we often experience when we're in the zone. I remember when I was playing basketball competitively when I was younger. There's a sense of stillness. When things are just going right the game almost slows down for you. It's like everything becomes a little bit easier and I'm running up and down the court so it's not like I'm not moving. My body armor not being active. It's an inner stillness. It's a sense of common sense of confidence that you have. You can be an extreme action taker and still possessed stillness. That Ryan talks about now. If you're listening to this podcast you're like you know what Omar I'll have tried to meditate. I try to really habit. Stillness it's just not for me. This book is not about meditation. It goes way beyond that. It's more about how to make an informed decision. Whenever you're not a high stakes game situation. He gives countless examples. The one I remember off the top of my head is President Kennedy making really tough decisions during the Cuban missile crisis and how he exercise inner stillness to make sure he made the right decision and saved a lot of lives. He also gives examples from Steve Jobs and other modern day entrepreneurs so normally at the end of this kind of episode St Episode. Until you read this book because Xyz. I'M GONNA get in front of a renowned. Say The reason why you need to read. This book is because as an entrepreneur. You're constantly making decisions on a daily basis job as the leader of a company and you want to make sure that you're making more right decisions that wrong decisions and we often make wrong decisions when we're flustered when we don't have that peace of mind when we have that anxiety when we have that sense of imbalance we WANNA make sure that we're constant making clear headed decisions with a bigger small because they all have some sort of domino effect in our business. This is the main reason why this book is Worth Reading. Because of that fact alone you make decisions on the daily right always if your state of mind is not in the right place. It's GonNa Affect those decisions now. The second big reason why you need to read this book as an entrepreneur is business is stressful and you need to learn how to manage that. Stress can't get rid of the stress as long as you're in business you're going to have stress. But how do we manage it? How do I make sure it doesn't affect our personal health if we don't take care of our personal health and manage stress? No-one will okay. And if you're in bad shape your businesses in shape. You are the captain of the ship and the ship goes down when you do so understanding how to manage that stress especially in that moment when you're in that stressful moment is important in this book gives you incredible insights but thirdly this book is more about wisdom than actual you know having some sort of zen attitude. How do you become a wise person? Somebody who really has a ritual a routine of really gathering the facts and making the right decisions and make the right judgments about what's going to happen in the future and I feel. This book really covers all three now. I want to tell you this book is a how to guide is not like a common stillness and wisdom for dummies. You know it's not a ABCD now you're wise. No and if it was that way everybody would be wise. Be So simple. It asks you to ask them two questions of yourself to reflect absorb the information. This is not like a book you can zoom through you read. You think you ponder it takes some time to get through a chapter because forces you to think about how does supply in my own life. Am I doing these things? One of my caught in these traps that type of stuff. I found it very helpful to read this book before bed puts me in a great state of mind kind of good a bed with a little bit more wisdom a little bit more communists and I wake up the next morning. Ready to take on and implement the stuff. I just read last night. One of the big takeaways early on his book. Is this idea of having an empty mind and living in the moment The best parallel abyss example. Gibson's book is like when you were child when you were a kid and used to play outside. You didn't think about tomorrow. You didn't think about yesterday. You just thought about that moment. You just enjoyed the moment. You lived that moment whether you're playing tag or playing baseball with your friends or whatever it was when I was a kid I used to love to draw on the color and I remember clearly when I was doing those activities. I was just really interested in seeing that drawing. Come together or coloring in coloring book or that page in the coloring book now I was just enjoying it in the moment and just seeing it all happen. I didn't think about. What did I draw yesterday? I didn't think about what am I gonNA do tomorrow. And that whole worry mind was never there. And he's encouraging US and giving us some techniques to get back to that because that's when you're really living when you're enjoying the present moment a lot of us entrepreneurs we always are looking to the future always looking to what's going to happen next week next month. This quarter rig ahead or goals or targets all that. Kinda stuff right. We can't help but do that. We're we're goal driven and I'm not saying to stop it completely but I'm going to say that don't always do that. Give yourself time to enjoy the moment. The moment that you're in right now building your business for me. The moment right now is recording. This podcast episode. You know I have the privilege of having the ability to get up and do a podcast and have been doing it for six years of growth an audience and it's great to share what I've learned and and Hopefully help other people and most of us. We don't really take the time to think about that and really enjoy every day. Every moment that we're doing our thing in our business building our business making calls writing emails getting on webinars creating sales pages whatever. It is really appreciating that most of us are thinking. When is this going to be done? What's next what's the next thing to do? In my opinion it has to be a balance. You have to think of the things you have to do in the future otherwise. You're not going to get anything done. You HAVE A to do list. But when you're doing the to do's be president at to be president a moment realizing the moment. Hey I'm privileged to be able to start a business. This is not feasible for some people in the world. You'd be able to do this to have the finances to have the time to have the ability to have the opportunities that we don't realize is if you know the English language and I'm assuming you do because you're listening to this podcast you are privy and you are made available to so much knowledge on the Internet books that are published in English or Sony. Books that are not translated in other languages Especially the things that just get published brand new books on a subject and you get that edge. That's a blessing. It's incredible so by doing that by living in the moment you tend to have more gratitude and that's why generally children or more happy okay. Now of course that's not the case for all children but if you look back on your kid you were generally happier because you weren't worrying about the future or dwelling about the past you're like hey things are all right. You know. I'm eating my Peter Murphy Jelly Sandwich and watching some cartoons and You know and you just were happy in the moment and this is a really important point. I know I'm I'm harping on a lot. But because a lot of entrepreneurs were building rebuilding or grow or try and make more money. We're trying to build our revenue and all that kind of stuff is great but we enjoy. The journey happens is at ten twenty thirty years ago by and we say hey the best years of my life I spent doing. What did I enjoy that? I actually appreciate it. Did I recognize that? Those are the prime years of my life. Time flies by okay so let's make sure that we live in that moment.
2020 Corvette VIN 0001 Raises $3 Million for Charity
"You've been following all of the Corvette News. That's been coming our way as well as the five hundred news so we talked about both cars little last week but in the last seven days more news stories. So what's the first word on the quarterback that happened this past week. The first word on the corvette is three million. And that's a big word. That's well it's a small word actually actually but it's a lot of coin. That's three million dollars. That was the auction price for the two thousand. Twenty Corvette Stingray Vin zero zero one. That is the I production car technically. They haven't built it yet. The car that was at Barrett Jackson is just a You know it's one of the earlier models and yeah three million dollars huge money obviously for the corvettes You know it's the first mid engined corvette ever. It's honestly all bets were. We're office to what it might bring. Just because I mean this is this is like over fifty years in the making right and of course it went to Rick Hendrick You know big. Gm Motor Sports Guy. Nascar Guy I think. He has quite a few bear Jackson fines in his collection. And of course it all went to charity so you know I was wondering if for her for wealthy guy like that usually when they're at Barrett Jackson and they're buying cars. The cars are investments right. They're looking at it as a gun appreciate am I gonNa make money on it with one this this. It's gotta be part. You know. This is just a good way to give charity and part it's an investment but I wonder if I if this I see eight corvette is really gonNA appreciate over three million dollars over time like three million dollars a hell of a lot of money. I mean yeah if he keeps it for like ninety years and it shows up in a barn somewhere. uh-huh sure it'll be more than three million dollars don't so the the takeaway here is don't store it in an ice garage like stick it in your barn. Don't put a cover on it. That's how appreciate appreciate the best way the best way to appreciate a car but let me let me give an example of another car. That went for a similar price separate Jackson which was the original bullet Mustang that also sold for. I think it was two point. Seven million before the fees are factored in that was the the One of the original cars that was used to shoot the movie bullet and was in a barn. For a long time and resurfaced not even restored and it sold for two point seven million so all these cards are gone for huge money. But Man I this one I. I don't know if I like I said if I'm a wealthy guy like Rick Hendrick. I don't know what's my motivation to help. People people purely or to invest in something or both and I wonder does he get a tax write off for the whole thing since it goes to charity. That that's a pretty sweet we deal. I mean you're talking about charity and and just to back up really quick. The bullet was actually mecum. Oh that's right weeks earlier and it was. It was three point. Point four MIL. After before the fees we generally like to quote non including the fees because different auction places. I mean they can have different commissions and whatnot but yeah you're right. I mean similar money and a lot of people. Were questioning that as well. It's like is that really an investment. I mean will people all twenty thirty years from now that maybe never even heard of the movie. Just be like what is this old Green Mustang. You know and I want that one to me is kind of dumb. The bullet one like that movie is already sort of outdated. Oh yeah well it's very outdated but then it just move into the realm of classic classic movie. Well I mean when you people that are in the Mustang world and that muscle that sixties muscle car car world. They're the ones that are into it. And that's where a lot of the question comes from. Will there still be enough of those people around in your money. Your thirty years to even care about this in a high water mark I think for the prices of classic American cars like Muscle cars. I think think you're absolutely right. And you know whether the C eight whether that'll be worth more than three million. I mean it's it's so hard to say we don't this is is new ground for Chevrolet. This is new ground for the corvette. It's isn't just a new generation. It's a completely revamped car with the engine behind you so if if I think the next the next five or ten years will really tell the tale if the car turns out to be a real stinker. Nobody's GonNa Care Dr who has the first one but if they sell they sell so many of them that they're not kind of exclusive and and they don't hold their prices as well. I think that happened with some of the some of the other quarterbacks like this sixes and C. Fives you can get for dirt cheap. And they're great. They're Great Bang for the bucks. I don't know if that will happen with the c the eight just because it's kind of moved from the realm of sports car kind of supercars so yeah we'll we'll have to wait and see it was a it was a good price. I'm glad it all went went to charity. That's always good news and we'll probably have a big piece of corvette news to share every week at this right. That's how it seems seems things are
The many ways professional organizations help product managers with Mark Adkins
"How pita evolving to keep up with the Times. So it's funny because the one thing I in kind of full disclosure sure is I have two sons I four children. Two sons oser product managers. Not that I made them do that. Once a senior product manager at Google the other one is a product manager for ten cents the Chinese company that owns we chat but they also own riot games. James and he's part of the League of legends brand so I have these two sons who think they invented product management right. No no no no. Oh No it's been around a long time. I can't remember. I don't know who to ascribe it to a friend once called it the accidental profession. That's right and I. I've always loved that term. Although it's changing right I think that's what we'll talk more today about it. It really is a legitimate profession Russian. If you will but twenty thirty years ago it was you're tapped on the shoulder you know you're working at a company and you have an engineering degree or Marketing degree or finance degree. Somebody says hey. Atkins I want you to Ron product development in like what really and boom you're a product manager and that's part of again my history with PD was when I was tapped to run a product development program. I'm like who do I return to. How do I learn it is a profession? How do I become better at it? And that's where we are today. The role of product manager product owner her and so on his exploded and I think pedia may as well position to be the keeper that Professional Association for for this community. Because the other thing I would like to add is product. Managers are in corporations. Say We're practitioners but we have a great great history with academics. We welcome service providers so one of the very unique things about PD. Ama Professional Association is we include the entire our community so it it yes. It's people incorporations is people in startups doing product development. But it's the academic people that give us the foundation that we need to be he great at innovation and it's the service providers market research companies. The the design firms that are instrumental in doing great product Komo. Yeah I think that that Nicks is really key to PD me. And what I find so appealing about it and I was having a discussion with someone. This wonderful experience. I got to train in their product managers in this large organization and the guy that brought me and it was senior director of product management for them and he was talking about what we did for the training raining. My group is all based on. PDA's body of knowledge and put my hands around that. And the reason why I chose that is instrumental in the work that I did that. I successful and it's also grounded in research every what four five years. There's this study that does about what are the best organizations doing in the space. And how does that compare to everyone else and it gives you a real appreciation for what you need to be doing right. The distinction there and his reflection on this. Was You know Chad. Yeah I've done training from all the different organizations right. I've been in product management longtime. I've never seen something that is as wide breath and as integrated as this Body knowledge that covers all the things that you really need to know. So what I'd like to do to build on that there's two elements one is going to be China. Our Program in China is going to be teaching at the University of Pittsburgh Environ January. So let me let me start with my personal program. I teach a course I in the technical title is managing medical device. RND right but I use the PEDIA may body of knowledge approach as my textbook. Because when I looked at what I'm trying to do with these graduate students who are pursuing a master's of science and bioengineering. I I I WANNA give them the full breadth of understanding of what it is to develop new products and the PDA body of knowledge is the guidebook is as a wonderful resource. So I use it personally might textbook as far as China. There's not a better example when you were talking earlier about. PM Am I and project management and Pedia. May We have a wonderful program. I've been twice to China to be representing Pedia. May It was is our former chair. Alan Anderson it really got the program going and we are certifying thousands of Chinese folks who have a PM so they were project managers but now literally the government of China wants to move up the value you chain. They WANNA be innovators. They don't WANNA be simply low. Cost manufacturing companies in a country. That just can only make cheap product. They want want to innovate and so they've turned -pedia may as their partner in developing a certification program. So if you WANNA be a product manager in China China you need to get your n. p. which is our revocation and we have literally trained thousands and thousands of Chinese and it grows every a year so I think it's a wonderful example of this differentiation and the move up if you WANNA call it. The value chain from project management into product management innovation. And we're doing it in China in spades. I think it's really interesting. How PD may is in? A sense has always been international nationalization but exporting what has been known as the US has capability dominance in product management to other places and China paid attention to that right an open the doors to this just as they did two PM. I sometimes goes well. Can I also add the global nature on our former tair. He's a key week he's from New Zealand. So for the last three years our chairpersons been the New Zealander so I agreed read the PDF roots are in the US but it would be complete underestimation of us to think of us as a US only organization. Yeah I I do. Think the recognized dominance in at least the area of product management has been kind of US base. Because when I talked to other people in other countries they talk about well. You guys have so much experience in that. How do we get that experience to? And this is one way. And that's awfully kind of a wakeup call. I think for product managers. If you're listening to this now certification. Should I think historically has not made a big difference in our industry frankly. I very rarely see job. Announcement saying some kind of certification is desired but if if we have thousands and thousands every year of product managers in China getting certified. It's going to start making more of a difference and it's something just to look into frankly clearly the value to me. The value of many people that have helped train for specifically for the certification isn't really getting that certification right. It's not the piece. The papers not magical but learning that body of knowledge learning the framework man if there was big light bulb moments. That went off for me as I was doing that personally. And I had the pleasure of helping to co train on that body of knowledge at last year's conference of you and I were that and I assured just my journey with that too and said when I learned about this. That was huge. I suddenly put together the pieces that I've been doing for the last ten years that I didn't really know how they fit and there were other people in the room that came up to me afterwards and said you know. lightbulbs would offer me too during the training today that I never made these connections before it was just really powerful. Really good so let's talk about the benefits associated associated with a so if people want to check out the professional organization lots of free resources available and of course it is a professional association. If you're a paid member when you get access to other things to just what's involved in those benefits I really WanNa go instead of going down into the dark details of everything everything when I reflect on my time with. PDA In this recently yesterday. On a link to impose it's been a couple apple decades of meeting fantastic people so whether you volunteer for DNA or you're just see participating or online or as part of a chapter after I can guarantee you're going to meet some of the smartest most interesting most dedicated people you'll ever meet you'll meet them through pedia and that's pretty priceless kidding. It's very priceless. And then the second thing is what you learn right. Yeah so like to your point about body of knowledge right. I tap on the shoulder twenty years ago. It's like you're in charge of product development. Oh man what does that mean. And the ability to go to the website the body of knowledge all of the books we published all the webcast we do. There's so much you can learn is part of PDA so rather than going down into the weeds of benefits in listing a dozen. You'RE GONNA meet great people and you'RE GONNA learn a lot. Just become become part of our community and I can guarantee those benefits you'll get
Remedies for Cold and Flu Virus Symptoms
"Today we're going to help you with remedies comedies for cold and flu virus symptoms and We have been seeing a lot of this going on so we thought we'd do a show specifically about you know pneumonia type symptoms coal. Varas what are you have you. What's going on? Do you really have the flu Are there natural preventative. Things things that you could do to help boost your immune system to help keep it away from you and The answer to that question is yes. There is because we've been doing doing it so we wanted to share with you before you get sick or start coming down with something some of the signs and some of the things you can do and you know maybe some of the things things you're eating that's actually causing you to have a lower immune system and we've also got a lot of exciting questions we're going to get to and some I'm Products that you probably have not heard about that. We would like to tell you about as well. So Dr Lewis. Can you help us with possibly not getting sick this season there are so many that already are and I know you know. There's a new virus coming in from China. There's so much fear happening so Can can you give us a little hope and light and some natural things that we could be doing well first of all. I don't think I will ever succumb to fear because that causes a lot of stress which. I'm sure we'll talk even more about but if you feel stressed mentally physically spiritually financially whatever you that that can make you more prone to get sick in the first place. Oh Jeez y'all chill out and have fun Yeah there's a a lot of things you can take. That's going to help your immune system. One of the things I tell people is on well. If you don't get an illness. Had you know you preventative. Well if you change the oil in your truck how do you know you stop that engine from blowing. That's just common sense you know. Give your body something to work with. Well you know Oh. People wonder do the natural products work. I'm I'm telling you by ADS from a kid on every year you could bet I was going to get some sort of bronchitis. Dr Lewis was a lot like that he always had bronchitis and We have some supplements that we actually take that starts The warning that off way before it becomes to the point that you're in the hospital for pneumonia up their natural things can prevent everything. And it's not a alternative to good medical care you know if you're in a life saving or lavender situation go to the hospital they'll save your life but there's so much you can do. Do you know she talks about bronchitis and I've always got not always many times. Have this in my throat. And I'm sure I would have gotten full blown. Bronchitis had it not it being for Janet she gives me a whole bunch of stuff to take on a typical man. I and I do take a lot amount stuff I really do and I literally would not have lived this long or been this healthy but she gives me more than I would take me from this round of illness that's come through a bit About five percents bad as I would have been say twenty thirty years ago. Yeah and you know. It's not just saying that we had actually a facebook review from one of our very loved patients. Carl he talked about coming down was on a Sunday evening. The Credit God in full blown on Monday he came into the office. He's here and look like he needed to be in bed and He asked me well. What do I take? He said I've got rid of this. I'm really getting sick. And he I stopped in you know picked everything up and I followed the directions of what I told him. And he's happy to say that as of Tuesday which is two days later later the crud had completely departed and he said I don't know of anything over the counter that works at fast and most of the time by the time you look like him. You're are not coming back for a while without around antibiotics. So you know we want help you not go through that because that is a horrible thing to be that sick. We're watching on facebook. You know people laying in bed for two and three or four days. They can't move over in the hospital for a week. Yeah and you know the bill that goes with that the stress that goes with that You don't think two thousand dollar bills going to stress. You do a while we've got one friend that's up there now with pneumonia and they and they didn't even offer her food the first day Or Water and I'm thinking wow you already sick and now you're not getting the kind of care that you should have. And that's a little food will make you sick though. That's true rude. They give you all this sugary stuff. So sugars really horrible for your White Blood Cell Count and one of the easiest ways to get sick. He's just eat a whole bunch of sugar order. And that's interesting. You say that because people don't don't correlate the carbs at all with any of that that you're actually creating because of the the immune system at like eighty percent of its in the gut and when you start eating carbohydrates than They turn to sugar. And then it brings your immune system down and then you can't fight things off and I know like last night. I had some of the little gluten free nut nut chips and way too many of them I knew idea and then in the tonight I thought Oh my gosh. I feel congested. which even though as gluten free is still pretty high carb load? which whenever like I was eating pistachios ashes before and not having any problem at all? But you change over to some sort of chip or some kind of carb like that it really does bring your immune system down and you just don't really think about those things. Well you know one of the things to think about. Is You know we all need to chill out. We need to get off of our busy world. You know all we talk about is I'm busy I'm stressed as well. Yeah the more you talk about it. The more you're GonNa get it so you have to learn to eat a little bit healthier exercise which is not my favorite great thing to do. I'm active get good sleep. Decrease your stress You have to up your vitamin D levels. And yes I know Michael in Florida said but I'm out on the beach everyday. Yeah well you're so full of toxins you really don't are. We don't really convert art sunlight vitamin D because of the plastics and pesticides etc etc.. So it's better to supplement and you've got to keep in mind folks people say well I'm supplementing yeah. Well it's not working most supplements clock your eggs. I don't work and you as interesting. New Mix mentioned vitamin D because It's actually really a big flu. Fighting Nutrient because the universal vaccine that was developed as is supposed to be helping immune cells known on his CD. Eight t cells so that people either don't get sick or they're only experienced mild flu symptoms. But did you know that vitamin D is actually actually known to have direct immune modulating effect on CD eight t cells veto estrogens from food and soy and intestinal bacteria they produce from the Diet three your gut. From from the bacteria Uh Gut bacteria can induce or repress something called The p four fifty pathway which is liberty talks vacation through metabolism of of all all kinds of things. I can't even pronounce her. I don't like the chemistry anyway but it it helps with the chemicals into cruciferous vegetables. And that's why we push them in all three Carbonell Carbonell Like cabbage cauliflower Brussel sprouts but the gut bacteria and it goes back to what Janice said eighty percent of your immune systems in your gi tract. Track so Fido estrogens and things like bioflavonoids for example. The my favorite thing is immune essentials. It has all those healthy mushrooms but it also has green tea extract very very important.
Growing up in Christ (Hebrews 6:1)
"Chapter six verse one therefore let us leave the elementary doctrine of Christ and go on to maturity the think about that statement this exhortation to leave the elementary doctrine of Christ like the Basic Basic Doctrine of Christ which obviously is critical and important. It's foundational for the Christian Life Understanding who Jesus is what you just has done for us. The Gospel we never get over that this is basic and foundational and in a sense we always remembering and returning to this. But that's not where we stop. We move on we go on. He grew chapter six verse. One says to maturity we grow up more and more and more in Christ you know I think about something that group. I'm a part of our church. We were talking about about the other night her talking. About how many people live the first year of the Christian life over and over over and over again and never really move on from it. I there's just little going on to maturity we we we just come back to the same basic trues over and over and we never moved beyond that whenever take the time to go deeper than that to grow in greater knowledge deeper intimacy with Christ and greater obedience to Christ and many people live a Christian life for twenty thirty years but the reality is it's year one over and over and over again because we never push farther and I just want to ask you is that you are you stuck in a Rut like that. Maybe it's your one over and over again or maybe move onto your to and you kinda stall there your three but have you moved on especially if you follow Christ for many years like have you moved onto your six and seven eight and nine just deeper and deeper knowledge of God and intimacy with God joy in God obedience to God. You're twelve thirteen fourteen fifteen like to new depths. It's new heights new width new breath and your relationship with God. Don't settle for year one over and over again even if you are new follower of Christ I don't settle for months one over and over again or year one and on and on God has called us to so much more and you might think. Well I've been a Christian for twenty thirty years now like what more is there. There's tons more. Your God is Eh Infinite. In his beauty thirty years you've not even begun to scratch the service on the beauty the of God on the glory of God a million years from now in heaven there will still be more beauty to a b discovered in God because beauty is infinite so yes thirty years just to start forty years is like you're barely barely scratching the surface some grow deeper this word. Hebrews chapter six is just back inning us to go on into a greater knowledge of God experience of God obedience to God enjoyment of God. God Re pray for this brave of this in my life what I feel like I seen so much beauty and so much glory in you but I realize I'm only getting started and I want to know more own. See You more on experience. I want to enjoy more on a walk with you. And deeper intimacy greater obedience obedience less of me more if you could. God I pray for this in my own life helped me to go on to more and more maturity and got I pray for. There's is an every single person who's listening to this knows you made a move God beyond elementary doctrine of Christ made a leave that not not not to never come back to stand upon it and just to grow into deeper and deeper and deeper maturity in Christ got us. Pray that over. Everybody's listening right now. I pray for more maturity bread. They would go on into deeper experience if you enjoyment of you knowledge of you obedience. Thanks to you usefulness in your kingdom affect for your kingdom God don't let us live crystallized for a year or two much less has twenty or thirty years without sharing the Gospel and leading others to know you making disciples who are growing in you. God please use our lives toward that. End Elvis Move onto greater and greater maturity. God please don't let us live your one over and over and over and over again we we pray Hebrews six one that you would help us to go on to maturity and we look forward to all that means
Greg Kinnear on preparing to play California Innocence Project attorney for "Brian Banks"
"Academy award nominee Greg Kinnear portrays real people on the big screen he's played Philadelphia Eagles coach Dick vermeil and president John F. Kennedy he's not taking on the role of California innocence project attorney Justin Brooks in the new movie Brian banks of based on the true story of NFL prospect Brian banks who was convicted of a crime he did not commit when he was seventeen in addition to starting the California innocence project which has exonerated over thirty people some people been locked up for ten twenty thirty years he's also a tenured professor is a lost and so you know I just wanted a course to hang out and see how he does his thing and of course I was the stupidest guy in its class that day the movie arrives in theaters this
"twenty thirty years" Discussed on KNX 1070 NEWSRADIO
"Yeah you're gonna rebuild you're going to be a stronger and better community I don't think that I know that there that that that's in evidence everywhere you go I was in evidence when we landed the plane by the folks that were out there and in all the local CHP they're out there that came back over for the July weekend they were gonna get back because they want to be there for the community that spirit is alive here it deeply folks I mean this one of the most sophisticated communities in America yeah more PH dis here than five yeah students at Stanford you've got folks that that feel great sense of place going back decades nineteen forties with that that base was conceived and what is represented to the world not just America in terms of its defense this is a special place so I have no trepidation about this community building stronger and in time that will shock you this is not twenty thirty years I mean I think is gonna turn around you're gonna be mesmerized by how quickly were able to come together and how vibrant things will return to yeah well when it comes to emergency response.
Edmonton doesnt want to be Oil Town anymore
"If you saw the title of today's episode and you immediately thought all Edmonton and you don't actually live there, then we should have had a prize ready for you. But maybe it's not so surprising that this city has found a way to punch so far above its weight over the past few years. Most of the things needed for giant leaps and medical technology. We're already here, Edmonton has more postsecondary institutions than any other Canadian city, it has a burgeoning artificial intelligence sector and a lot of numbers to give those machines to work with, and it has a push from the city that really needs a new way to do business. Our guest today has bugged me a few times about what's been happening in his city and he hasn't been the only one and everybody that did had a story about something they're doing an Edmonton. Sounds like it's from the future. So we wanted to tell a few of those stories and try to wrap our heads around. Why Edmund how much is this? Push costing the city, what does it plan to get back? And is this part of a bigger strategy and a province that could really use a booming non oil industry to emerge over the next few years? I'm jordan. He's rawlings. And this is the big story. Steven Sandler is the editor of avenue Edmonton. Steve been one of the people that keeps telling me these crazy stories invetment. Yeah. It's, it's really been amazing, the kind of I guess it's almost like a perfect storm right now for the city in terms of putting together, a lot of different fields, a lot of different really fields of research together. In terms of creating this health city initiative to basically really promote the idea of a cross pollinating health innovation real hub, that's going to emerge Edmonton, so sort of like a Silicon Valley, if you will for health, health research, and health care where the researchers don't work in isolation. They work knowing what the others are doing to sort of really ramp up in speed up the way that, that medical research is conducted and done and to create a new business model. I mean Edmonton, obviously, any reader reader listener outside of Alberda, obviously thinks of Edmonton. And Calgary as cities still less. Oil comes first and natural resources. We're fully we're fully aware now Berta that we need to sa- firearm, our economy and diversify our the way we live, basically. And there has been this very large push Edmonton, a lot of it based on the fact that university of Alabama is one of the largest medical schools on the continent. It is one of the largest schools in the country, and it is a big research center, and using that as to underpin a real new way of looking at Edmonton, as a research hub as it's a city that's not overly big. So in the sense you don't get lost, and it's a city that has a history of being somewhat collaborative where people do talk to each other and get ideas and received a real mix not just of doctors and surgeons and all the various medical researchers. But the bringing in people from other. Fields as well to inform that research anything from industrial design to big data. Artificial intelligence at Edmonton, you of has been artificial intelligence and has had research and artificial intelligence. When we were still talking about if like the apple two es thing. So they've been Vic goes that goes back twenty thirty years will we're talking today. Because every couple of weeks for the last few months, you've kind of dropped in dropped into our little chat with, like, did you see this coming out of Edmonton, did, you know, about this technology and a number of them have been fascinating, and you've gone to look at them? So tell me you've written a few stories about this. But give me an example of the one that made the biggest impression on you. When you actually went to see what they're doing. They're a couple of I think the cover of this month's issue, which we have is something called a Kobe, Microsft fears. It's a company called IM biotechnologies out of had been Benton. It's not a secret that cancerous tumors can be dealt with if you cut off the blood supply. The, the red blood cells. They're like lot, like other organs. They feed on the blood cells. They need to survive. And if you cut off the blood supply, you can shrink it tumor or battle a tumor or possibly even kill a tumor. The thing is, is that while that practice has been known. It's never been officiant. It's been very invasive process. It's dangerous because also as dangerous for the Oregon and for the patient itself, it's a lot like a lot of other cancer treatments that the cure can actually kill the patient or hurt the patient. You know, maybe more than the benefit outweighs the benefits the holy grail. And this would be is if you could develop a system that was basically dissolved after a few weeks or maybe couple of months. And that's what they've done, and it's been approved by Health, Canada and the FDA. So instead of being this hugely invasive procedure. It's an injection and then you go home and these tiny balls go into your blood, vessels and create like a little damn that block off the blood supply the cancer, but then dissolve in time that it doesn't really hurt you long term. So the idea is, this is a big again, this is a big kind of holy grail moment to, to do this dissolve -able blood damning that can really treat cancer, and it's a big business. So we talk about, you know, the altruistic part of this, that this is wonderful. But sure, these vials are these files are going to go. I mean when I talk to they were talking about five hundred dollars of I'll, and these files are, are tidy medic. Vials. Right. So this is, again, talked with not just about the benefits of medical research, diversifying the economy and getting these businesses, not just to start here, but the plant root here in St. here that's always been the big challenge, for Canadian pharma in any way. It's not the development part. It's the stain part once that they've developed not move to the to the United States. Well, they can make more money. This is year. Absolutely not. And as well as there's a lot of other benefits in terms of how you pay staff and such like that. Let's, let's face it. But I think we're doing a better job of trying to retain, and this is the big part of that health city initiative. It's part of the part of the discussion is it's one thing to have the researchers all here in working here, but to create a Silicon Valley kind of environment. If you wanna use as analogy you need to keep them here, you need to keep people as they do in Silicon Valley in the bay area. And that comes down to a lot of things it comes down to, you know, law things that maybe don't even have a lot to do with the research. It's about the quality of life. In your city. How your city is perceived internationally. And that's where I think, actually, the biggest sort of work for Edmonton is gonna have to, to come is create a profile for the city. I mean obviously even Canada there's a lot. I mean, how many listeners here have actually been deadman ten? It's not like Toronto. Montreal vancouver. We're most of us have spent a lot of time there. It's still a kind of a mystery to a lot of people I get that. I understand that I think everyone understands that. And that's where I think that sell job has to come in. Will you mentioned earlier that, you know, to people who haven't spent time there don't know much about it. Like it is to me. I'm since I was small to meats and oil town. Right. And how do you how do you change that perception at a time when oil town is probably not the not the label? You want to attract talented people to your city. Well, I think that's part of it is trying to spread the gospel of things like health city is trying to show people that there are other other economic drivers in this city. And I think as well. Well, that it's a big research town. It always is a university town at is a government town. And therefore, has a lot of government supports and municipal supports right now is, is, it's a good time it might be ironically, and while the government here, the change over the provincial governments new just like on -tario right now, you know, we're seeing that there's already talks of some cutbacks in these areas like AI, and big data on -tario. Is that going to add further benefit to Edmonton in terms of wealth, money, isn't available in Toronto or an Ottawa? Is it gonna float Albert now, we don't know what the government is this new here? Jason Kenny, what he's going to do in that, that realm. I mean right now he's really working the carbon tax. And I think that's his that's big his big white whale right now that he's chasing. So but we're going to see long-term how that affects things, but right now I think that puts his step up, but yeah, definitely. It's a lot of things. I mean I mean, the city they talked about other things like what is the quality of life? I mean. I mean, what is things like, honestly, the theater scene. What's the downtown dining scene like, and it's really, really improved Edmonton. In fact, you know now we have some Canada's best restaurants here, but it wasn't like that even five years ago. It's changing you know what kind of sports teams do you have to go out on a weekend evening? And are you. Okay with watching the orders lose again. Or is there other options? These are all part of keeping people in a city. It's, it's, it's almost as important as the research, and the scientific work being done is how to make sure these people are happy when they come home, and that there's a lot to do, and that they have a positive image of where they live. It's not a it's changing, but it's not let's say as showy a town, maybe other places, and I think that's a good thing. And it and as well, something that, that were were jesting too, and that's something when you deal with you deal with your worldwide reputation, we'll tell me how the different aspects of health city work together. To create something like this cancer treatment, or some of the other ones, we're going to talk about you mentioned that there's artificial intelligence play. There's big data play. There's, there's medical research. How do they work together in a way that, that they may be another places? I think one of the best examples is a is an institute institute for reconstructive medicine. That's based out of a hospital in the West End of the city, they build people's faces. Let's say you have a, you know, we don't wish this on anyone and knock on wood, a terrible cancer or a terrible accident. The car accident and you have severe damaged onto your face or because of cancer because of cancer or some other sort of disease, doctors have to remove part of your face. Or, or, you know, I talked to a patient who had throat cancer, and they basically had to take out much of his throat and replace it with muscles from other parts of his body, Chris, thanks. Jesus looked like percents. Right. You know, you'd know if someone had let's say. Say a glass eye or a fake knows percents ear and a few years ago, the whole thinking was wire doctors doing the measuring part because that's not their expertise. Their expertise is going after the cancer. So the idea with IRS with they're doing there. They brought together industrial designers computer designers to work on building the implants and is Ben, Ben king, who is one of the designers there. It said to me, very, he said we said the dog who said to the medical profession. Why don't you use the carpenters adage measure twice cut once and so using a lot of technology now with these facial surgeries? Not only are they building percents that are custom made to people's faces because they're measuring and saying it's not one-size-fits-all because it used to be like that you had, it was like getting a t shirt, like, oh, if you're this age, you get a small medium, or large percentage. Now it's custom built to your face. Or if you need to get new teeth or. You need to get new parts to your face. They can look at it and I mean some of the stuff they're doing. It's incredible. I mean I described it walking in. It was you walk into it looks like a Star Trek sick bay mixed with a costume parlour because there really are like masks, that are all that, that are that they're working on and molds, and as well. There's this top end machinery to scam people's heads and scan people's faces. And, you know they're talking about developing dies that, that change with the sun.
The tariff debate continues
"Step forward. Number one, just to continue with a theme. Here was the official word this morning. The President Trump is going to hold off on big card tariffs for six months at any rate step forward. Number two, is that the US Mexico and Canada have come to terms on the president's steel and aluminum tariffs. They will be lifted and Canada and Mexico will work on getting the NAFTA agreement approved. It's still does have to go to the US congress member that the step back was a report from CNBC this afternoon. The Chinese trade talks have, and this is their word stalled, so we're going to take those steps, and we're going to run with them as it were K Davidson's of the Wall Street Journal Dan rea bone is at axios. Everybody. Okay. What do you think two steps forward? At least one step back. Is that a fair approximation? I think so. Yeah. I mean we, we at the journal been reporting that the talks are stalled. And we heard earlier this week Treasury Secretary Mnuchin saying, yeah, we really intend to go back to, to Beijing soon to resume negotiations. Other people close to the secretary of been saying the same thing then we heard yesterday that Chinese Finance Minister saying, I know nothing about this. He's said, I'm not sure if there are plans, you haven't heard anything, so, you know, that suggests that there either they're in the dark or there's not a whole lot of action behind the scenes. And meanwhile, you know, we're hearing from the Akron, culture sector, a lot of concern. Yeah, we hear dear the farming machinery, manufacturer, lowing lowering their profit outlook today, saying, you know, farmers are buying fewer machines. They're being hurt by lower overseas purchases of corn, and soybeans because of the tariffs. So that's a concern growing from that group dealing just assume that we're in this now. Specifically with China for the long haul. There are no signs as, as gate was saying, then go are going to start and then they'll be they'll be fruitful yet. No signs. And actually, you know if you want to characterize about steps, I think we have taken a couple steps forward. But we moonwalked all the way back to this stage when it comes to progress this, this US China trade war, China's our number one trade partner, and we've really engaged in what looks to be a long-term conflict. The, the term Cold War has started to be thrown around and a lot of. Yeah. A lot of fun managers, financial analysts are really sitting here looking at okay, what are the effects the long term effect of this whole globalization theme that's been in place in the market for about twenty thirty years now being rolled back and talking to UBS strategist the other day. And they said, you know, it's interesting because globalization on the way up is like an escalator but on the way down, it's like an elevator shaft. So kate. Look, here's the deal, though. Right. I mean, we're, we're banding about big numbers. Right. Twenty-five. Percent tariffs on two hundred billion dollars worth of stuff. The White House is thinking of three hundred billion more. And yet there has been limited at best real consumer impact. I mean Larry cudlow sprays for this president's chief economic adviser is the impact has been day. Minimus. Yes. Well, I mean, that that's certainly true. I think that if you were to ask a communists, who studied this for a long time is that they're, they're often appears to be short term gain, but it's often at the expense of others in the economy over the long term tariffs just are not good for the economy. They divert resources away from more efficient producers to less efficient ones they can raise the cost of parts and materials, eventually, which would raise the price of goods for, for consumers, and they tend to burden lower income household, so you know, we've heard fed officials say this we've heard other trade experts say that over the long run. Yes, there are certainly people who are harmed by globalization, and in by other previous trade policies, but terrorists are not really the way to go about solving this issue, what do you make of the White House's contention that the President Trump and bug cinch in the United States are in the street? More in a better position than president. Residency and the Chinese economy. Who? Yeah that's, that's a tough one because on the on the one hand on the other hand right on the one hand. It is true that definitely the US economy is stronger. It it doesn't rely as much on imports. We are much more closed economy than China, even though they are shifting in that direction, where the US gets a lot more of our GDP from services than we do from exports manufacturing button also, you've got these folks. And we, we talked about a little bit earlier, you know, pressure from the manufacturing sector farmers. You've got these groups like tariffs were at the heartland, national retail federation that are really pushing back on President Trump and the big question that we're going to find the answer to these tariffs. Stay in place is how much do firms actually have pricing power can companies raise prices and continue to see customers coming through the doors or is the American populace right now not in a position to pay anymore. And you're gonna start seeing a real decline in some of these sales, if they try to pass on the tariffs, that's a big thing that the Fed's been trying to trying to figure out and that a lot. Analysts have. And it looks like we might just find out Kate why with the caveat that the stock market is not the economy. It is. However, you know Connie Jason. Right. What do you make of the argument that, that you have started to see now that what's happening is that the stock market is basically letting the president, not have to deal with real pressure on these negotiations that it goes down? And then the president says something, nice and traders, go. Oh, look. Everything's spooky. Everything's fine. And we ended up up for the day by the discs by the right. I think I think that that's becoming the new normal. Right. I think that it's a little bit of a chicken and egg situation, you know, this the stock market, right here's here's something from from the president. I think like I guess the bar is pretty low here. Right. There's a strong signal from someone in the administration. Right. Things go up. The Chinese responded, they go down. I guess I'm not I think that he's, he's kind of taking the response to his to his tweets as formation that, hey, everyone's happy that things. Are going well, and yeah, so I do think there's something to that idea that you floated chi-. And I'm not sure what's going to break that cycle. Right. Let me just very quickly hit on the way out stay with you. And and talk about the Congressional Budget Office Alice Rivlin the founding director died this week, and there's a new person coming in. Tell us quickly who he is an and, and then the, the short term future, the CBO in terms of the politicization of this economy. Sure, we'll fill sway goal is, is going to be named the new CBO director. He's someone who had served on the CA during the Bush administration. He was also a Bush treasury official in the years leading up to the financial crisis. He was a big player in on the attempts to sort of keep the economy, pull the economy back from the brink in two thousand eight two thousand nine he was an aide to Treasury Secretary, Hank Paulson. But I think the key thing is, he's very widely respected by folks on economists and lawmakers on both sides of the aisle. So this was a pick that was roundly praised. I think people are, are really happy to see him move in there. That means of course that key. Hall. The previous director is on his way out, and he faced a lot of blowback from Republicans during his time leading CBO when they were scoring these ObamaCare repeal bills. There's a lot of, you know, contentious debate over that will have a tax from the White House. So I think that there's some confidence that Phil is going to, to come in and sort of keep the easy actually set to me yesterday. You know, I I'm keeping Alice Rivlin in my mind mindful of the tone that she said and the tradition that she that she had an, that's what I wanna follow. So I think that sending a strong signal that the CBO will remain nonpartisan and, and to the extent that, that it can, you know, try to ignore the political pressure that's been getting a recent years
"twenty thirty years" Discussed on KTAR 92.3FM
"That's our goal. But most of you're aware we've had a volatile tumultuous fourth quarter of two thousand eighteen most things were up going into the fourth quarter. And now, basically everything is down. But what are the five things that you can be doing to take advantage right now of this volatility? Here's the first probably most important thing you need to do take a deep breath, maybe two or three the worst thing you can do is over-react out of emotion and make huge financial decisions. Because of something you read heard are feeling right now. So take a few deep breaths as a parent to five children. I'm reading this book right now, it's called the whole brainchild. Some of you may have read it, it's a really popular book. But it's written in a non boring way, which is sort of interesting because it's talking about the neuroscience of your child, basically what's going on in our children. Brain's when they're frustrated when they're upset when they're acting out because over the last twenty thirty years, and even in just the last decade alone, we have made tremendous strides in brain research. So we know a lot more today than we ever knew about what's actually happening inside of our children's brains, and as a parent, or as a grandparent, I mean for those of you that remember raising kids are in the thick of it right now, you know, that there's nothing really worse than when you act as a parent out of emotion. You say something you shouldn't react in a way that isn't really consistent with your values, but your emotional it was reactionary and in this book, the whole brain child, the author actually outlines this friend of his and any prefaced it by saying, hey, this friend of mine, by the way, who I got permission to tell the story about like this is a really good, dad. The key loves his kids. He super involved like this is a really good, man. But he told the story of they were at the neighborhood park. And they're younger child was swinging. And he was pushing that child in the swing and the older child who's about six or seven years old kept kind of trying to go in front of the swing like running back and forth in front of the. Swinging and the parent the dad said, hey, don't do that. Like, you're gonna get hit. You're going to hurt somebody. You're gonna hurt yourself or your sibling like don't do that. And of course, about a minute later runs in front of it. Right. As he's pushing the younger child in the swing and the younger child basically collides with the six year old who's running in front. There's this big collision. They're both crying and out of reaction. He goes are you stupid? What are you doing? I already told you not to do that. And I mean, there's other parents they're at the park, and it was almost like right as he said it he realized like oh my word. What did I just say and his heart sank key felt terrible. He doesn't think his child stupid. He loves his child. He knows they're just a kid. But in that moment, he just so emotional reacted out of emotion. And generally when we do those things I know for myself as a pair, any of you her parents like you can think of your kind of reactionary moments that you've had as a apparent and like you're not proud of him. But you've probably had. Them because you're a human like it happens, and as humans were really emotional and one of the problems with that is money's really emotional. And so when we have markets that are correcting and potentially going into a bear market, and we have all this trade war, and all these different things that the media sensationalizing like it becomes really hard not to react and up and Bismarck. We've had a unique situation up in Bismarck. Basically, what will happen and you'll see if you've been getting in your mailbox happens in Arizona too. But especially North Dakota, what will happen is when the markets. Get really volatile you'll start getting invited. If you're kind of a boomer age person, and you're listening to this or maybe even a little older you start getting these invitations for a steak dinner like come to this steak dinner thing, and this steak dinner is not educational. It's not to actually help you. From a fiduciary do a good job with your money because we run a lot of educational events. And they're not designed to sell anything. They are actually designed to help you understand the tax strategies and different things like that. We're passionate. But no, these steak dinners are done by insurance agents. Their whole goal is to play on your fear in your emotions right now in the fourth quarter of the year. And basically have you lock in losses sell everything at the bottom and put all of it into some insurance vehicle generally a fixed annuity, and I'm not making any claims about that are fixed nudity is good or bad. They can have a place in a portfolio case. So I'm not saying that annuities are horrible. But here's the deal. You gotta be really careful. Remember today? I'm talking about what are the five things. We can be doing to take advantage of the volatile markets and just to recap. If you're just joining me number one is don't react out of emotion. Take a deep breath. The last thing that you want to do is lock in all of your losses and make an emotional decision to tie up your money for ten or fifteen years, you need to be extremely careful of the insurance agent in your town, slinging a bunch of insurance when the market drops because what will happen is they wait. They literally wait until the market drops, the then know that you're emotional and they start firing off invitation. As fast as they can. So if you're being pitched some change in your strategy, which is let's get everything in this vehicle right now because the markets are volatile. Hey, you know, what the markets are already down fifteen twenty percent quarter. You're telling me you're going to wait until they're down fifteen or twenty percent, then sell your stuff. And then go move it into something else. You want to make sure that any of those changes are being done within the context of an entirely full comprehensive plan by a fiduciary who can offer you every single strategy. That's out there who's not making their mortgage payments to sling a bunch of insurance for high commissions. I have seen this all over. But especially up in North Dakota. I've been seeing these invites coming out of the woodwork be very very on guard and cautious. If you're all of a sudden being pitched, this safe thing just know they're playing on my emotions, I'm probably more vulnerable and more scared than I realized and should I be locking in losses. Should I be locking in after the worst quarter in eight years is that? At the time to be selling at the end of the worst quarter in eight years. And so my thinking is this if you are in this mindset right now, where you're saying I am questioning what I'm doing John. Like, my stuff is down. I don't know if I have too much risk. I'm really not certain that I am doing the right thing. I don't have a visible comprehensive plan that I can lean on. And I want to know what I can be doing because there are some incredible opportunities right now that didn't exist this summer before this correction. I mean, we see this keystone in our clients as a massive opportunity. I love that the market's down right now, and you go John what's wrong with you your revenues down a ton because we're a fee only RIA that gets paid on the value. The accounts were managing you're saying, John. Do you have a screw loose? Why do you like that the markets are down because you're making way less money? The I am, but there's some really great opportunities that we haven't had available for really the last eight or nine years because the market's been going up, and if you'd like to know, what those are you want to know, how do I take advantage of this downmarket reassess.
"twenty thirty years" Discussed on NewsRadio 1080 KRLD
"So that in, you know, twenty thirty years, I have X amount of dollars. Question for you. Right now, we twenty three's. We're started. I don't know. I go to a ten percent return. Now, that's an annual return. Not every year is ten percent. However, that's my goal. I just don't know where to get started. Do I go to a brokerage? Scrammed? I go to. You know? How do I? And have my answer saving. Do. I go to give a book you would recommend a firm that you go to get started. Okay. Very good. Very good. Good for you. So you're twenty three and what's your degree in? I don't have a degree. I dodge. Okay. What do you make a year? About twenty five twenty five thousand dollars. Yes, sir. Yeah. You're doing great, man. You really making that twenty five work hard for yourself. Good job. Okay. Well, what do you want to do with your career just curious in the next fifteen twenty years? Well, currently, I work in consumer service. And I love the job. I have. I mean, I would want to start a family with a really great girl right now. I got a family and work up in my career. I mean, I love what I do. So I mean currently right now, I'm trying to become manager. And then hopefully work up the company. I mean, you can never predict your life fully, but. Keep working hard. That's what I wanna do. In the space space that you're in and advancing in the space that you're in is is good. And so what does a manager make twenty years from now in your space? If you kept at it, and you became one of the top dogs. Talk to us. I would say between eighty one hundred aren't so we're heading somewhere with this. Good. All right. Good. All right. The answer to your question is I invest in four types of mutual funds growth, growth and income aggressive growth, and international. And I invest in mutual funds that have long track records. Okay. Ten twenty thirty year track records that kind of thing. In the first place. I recommend people. Invest is inside of a Roth IRA inside of their 4._0._1._K's. Now. The.
"twenty thirty years" Discussed on News Radio 690 KTSM
"Off the shelf. You know? It's right there off the shelf and iphones. Save us. So this this really good I phones into smartphones. Will save us twenty thirty years. Save us from what? But you know, just twenty thirty years. Right off the shelf. Right there in Macy's on on Friday right there with the sales addresses right there. It's right on the shelf just pull the technology of we could pull this out is very simple, but for the capitalist pigs. And and Trump particularly vodka whether emails vodka hadn't been emailing the way, she emails, and we'd be cutting carbon emissions by at least thirty percent right off the shelf. Go ahead. The reason we don't do it is because we are still confused blind shrouded with. Hey anger. Racism. Mommy issues. Even when I ramble. In absolute incoherence. I can always throw that word racism out there. And then all of a sudden, I get applause. I love that line. I've been practicing this all day. We're still confused blind shrouded with a hate anger racism, mommy issues. Otherwise, we'd be pulling right off the shelf our carbon emissions technologies and be able to cut them by thirty percent. Save the planet. And have the most magnificent global society that anybody's ever seen. But for Trump. In the white folk out there. We'd really be an advanced society. This guy. Such a clown such an idiot and everybody nobody says it nobody's allowed to say. It. I said it. I'll be right back. Take a trip back with this week's rock almanac. It's going on rock and roll lovers. Sandy west here to take you on a trip back to this week in rock and roll history. This week in one thousand nine hundred seventy the Partridge family started a three week run at number one on the US singles chart with. I think I love you. The song was featured.
"twenty thirty years" Discussed on Venture Stories
"Professors in helping to motivate the interest. If you can look back to a machine learning, not twenty thirty years ago, I would say that the class sizes in universities around these topics quite smaller you could think about from like from Berkeley were I graduated is about like thirty people and over the years as as those technologies made their way towards industry and you can see now in your Google apple face. Spoke. Amazon's are all leveraging some this work from past researchers unim- students. It's very well motivated that they're supporting the universities in the research endeavors. In sudden eighties class sizes are also just growing. They're growing at these Berkeley, two, three or four hundred students, and a lot of academics are interested in developing new projects for a machine learning here. But I would say that this space is still in its in its infancy in terms of its application for Blockchain's today. And that's where I think contributing back will help to motivate very similar developments in the academic world and help to get more students involved in congress, computer security in researching distributed systems in these very fun topics. But one part is just getting exposure for the students, and then you're the parties to have them adopted us this. You mentioned earlier when you into little bit about cash works. Switching from our Susie Starks shore. That is short. So he cashes a protocol that was developed many years ago that basically uses a coin blockchain to provide anonymous payments. There's a few properties that passionated roles one is it's it's decentralized, so it works when you're given any type of ledger. Save, for example, bitcoin ledger. The second point is that it's, it's privacy, preserving. So you know anyone in this network can basically post a payment and they can post for anybody else without revealing themselves, but a receiver or the amount that protecting with. Lastly, it's also very efficient as this is using z face in arts in the good things about it is that verifying transaction, this case would be just like about a a kilobytes in size, and it would take only a few seconds to verify currently those those proofs for those private transactions that you create take about a minute to produce. But there will be a network upgrade coming in the fall called sapling and what this will enable. Basically proves that would tape only merely seconds to produce totally. Should we get into some of the other privacy preserving protocols, or is there more you save up? You're not prefers short? Yes. So actually, I guess I didn't touch on a stark so to speak. So yes. So there is also this new area of research that is coming out called Stark's. These are basically knowledge, scalable, transparent, arguments, knowledge in in what that jumble is basically providing. You are specific properties. One is a universality, so this is them can work for any types of computations such as long as you can represent that computation in some algebraic form. Secondly, it provides a property of transparency. So in all of the messages that are sent by the verifier are considered a very, very simple slow. Your dependencies are around things like graphic hash functions, and these things are very public in nature and easily verifiable by basically anyone in this case on a network. Additionally, you get skilled. And so what this means is that the prove vers scales in his case quasi linearly the number of cycles also Advair fire skills are very nicely. In this case up Polly logarithmically for the more technically minded audience members. And I think the last most interesting property of these systems is basically post quantum security with that means is that the cryptographic credited that underlie the security of this system are either the existence of things like, you know, collision resistant hash functions or just common access to certain random functions. And this is a very nice feature for going forward as more or systems are developed to basically do quantum computations than you have this risk of things like discrete log attacks, having out rhythms that can basically factor notaries down to their primes. Basically, we were trying to prevent these types of attacks in in the system..
"twenty thirty years" Discussed on News Radio 1190 KEX
"Twenty thirty years that we could be facing a tipping point where we were pushing? The, earth into an ever increasing warming and that's exactly what we're talking about now What. Are you seeing is a possibility? To that the sun is? Heating up and it doesn't have to heat up by much to create all kinds of problems. Here but the opposite is happening we're at a solar minimum there have been scientists that. Have, been having dinner bets with. Each other about, whether we're going to going to a monitor minimum if we go into a modern minimum, the sun could decrease in its brightness that's the energy that it releases by approximately one percent that doesn't sound like much but he would be a cooling and that so. We are not we cannot in this instance blame the sun for anything. That is happening on earth what about. The solar system, though isn't it heating up to I've heard people kick around those sentences and I don't know the data that it's based on I think three or four years ago that somebody was. Saying that Mars was heating up well I've Never seen any data that would suggest that so I don't know where that. Came, from It's. It's unbelievable the, the I think. The biggest problem is going to be the water source once that goes everybody's in trouble he makes that final great point or sad point that what are people going to do that lose the, land by water and they go under land and they lose territory who takes them in, where do we go and that the future of the planet could be like Mad Max increasing number of fights over the little bit of resources that some areas will have other places they will. Be walls built to keep people out who are starving to? Death and all of, this what can we do to prevent this kind of. A future, there will be riots. There will be all kinds of mayhem out of. Control I mean we saw what happened just With Hurricane Katrina government was not able to. Handle the load, right exactly and. They fires of twenty eighteen if this is just the beginning and it gets worse and worse can you imagine what summer would be like for the west and what is going to happen so, many houses burned and if next year it's incrementally more and then the year after you, would think that all of this like the writing is on the.
"twenty thirty years" Discussed on News Radio 810 WGY
"Outlive my money and twenty thirty years not the next decade worried about. It's twenty and twenty five years were worried about and there are. Ways that, you can still have growth potential you can still be in the equity market you can still have the chance to, outpace inflation, while still protecting some principle the, big. Foundations endowments institutions have been doing this for. Years it just wasn't available to you and I is the, retail little guy that's a great. Last five years and it's just not widely known, and again We're not we're, not pitching a product or a company it's a it's. A strategy that anyone can implement you. Just need to expand, your investment toolbox sure and understand that these, things are available and you don't Mike and that's. Very very well said in that I think the key there is that the conversations. Should be had, right with your adviser I mean especially when you're reaching as? You say when when you're reaching that stage that distribution stage right with respect to the investing life cycle right it's definitely now you bring it up very well Mike and, that you know these strategies have been around for a long. Long time from an institutional standpoint right from. A pension management standpoint etcetera etcetera just not really there for the individual investor. Or I'll say this not really there in a sophisticated ultra. Sophisticated manner for the individual investor right yeah and then I don't wanna. Get too technical here but when you are entering retirement again that. Distribution phase That is, where you're at your most risk, and, brisk. Is if you have bad luck you're.
"twenty thirty years" Discussed on News Radio 810 WGY
"To outlive my money and twenty thirty years not the next decade worried. About it's twenty and twenty five years worried about and there are ways. That you, can still have growth potential you can still. Be in the equity markets you can still have the chance to, outpace inflation while still protecting some principle the big, foundations endowments, institutions have been doing this for, years. It just wasn't available, to you and I. Is the retail little guy that's a great the last five, years and it's just not widely. Known and again we're not pitching a product or, a company It's a strategy. That anyone can implement you just need. To expand your investment, toolbox sure and understand that these things are, available and you don't Mike and that's very very. Well said in that I think the key there is that the conversations should be. Had right with your adviser I mean especially when you're reaching as you say? When when you're reaching that stage that that distribution stage right with respect to the investing, life cycle right it's definitely now you bring it up very well Mike and. That you know these strategies have been around for a long. Long time from an institutional standpoint right from. Pension management standpoint etcetera etcetera just not really there for the individual investor or. I'll say this not really there in a sophisticated ultra sophisticated. Manner for the individual investor right and I don't wanna get too technical. Here but when you are entering retirement again that distribution face that is. Where you're, at your most risk and your risk is.
"twenty thirty years" Discussed on Forked Up: A Thug Kitchen Podcast
"Because i think that argument compel will compel more people though yeah i mean look at the guy who's fighting the hog industry and north carolina's thirty five year he's not your quote unquote average tree hugger right he was you know republican people who've lived in it for twenty thirty years pissed like you're saying yeah that would once they come face to face with the reality he was a fisherman retired from the marine corps and he had a fishing business with his son and all of a sudden the fish were starting to float at the surface and billions of he said since the nineties and they showed a bunch of photographs of like the fish suddenly becoming deformed time yeah they and they they had to bulldoze off the beaches down there and it was gnarly what's causing this and he went and took the kind of apocalypse now vote up the up the river and found the tributary tributaries all the hog sewage filled with you know four hundred different types of microbes and one hundred different men made things we're all leaching into the watering killing these pink lagoons yeah and the way he tied that back to his marine corps service and how he had taken that oath to protect against foreign and domestic terrorists and how he was now seeing this as the domestic threat that he had an understood it was in the marine corps us looking never understood domestic threatment now i know yeah so i mean these are good and that that was that personally destruct me as a person but also as a filmmaker these are the stories that really when i went across kind of scouting and following in the footsteps of what the book did but also exploring another areas that's the stuff that really resonated for me he's really good people that are out there that are doing stuff to try and change this they're small percentage but i think everybody would agree with what they're doing i think to your point about him not necessarily being typical tree hugger like you would think like most people want to make good choices and they wanna make compassionate choices and i think your phone makes the argument that we can get there i mean i think jonathan points it out it's a fact in his book i think it's a could be wrong on the percentage but it's close to this it's ninety eight percent of us don't want animals to suffer for the for the you know the meat and dairy that we eat but look the system that we've put into place and so there's some way of having a dialogue that extends to people who aren't going to give up eating meat but like you know once you start to take a look at it you can make decisions based on what you know i hope the film at least does a little bit of that oh yeah i think that it doesn't in us hock about this when they're talking about the deform themselves and how the animals are endorsed because if people saw that from the road or people could get a closer look they would not buy that product yeah and it's just it's it's tough for people to disassociate the harm that's being done to the animals and what they're picking up at the grocery store for dinner i think frank the turkey farmer meet the strongest argument you know because you could tell he has this really close connection to the animals he's raising even though he does saw them for slaughter or your when the slaughter short came in he had to he went in and pulled one of the turkeys out he's like nano she needs to stay that he cares and i think his perspective in his thought process in the whole system will really resonate with the audience members who do still eat meat had you do you think that this will help people reconcile like where they want their morals and their eating habits yo and you want a guy like frank to be raising if you're going to get i mean he he does care about his animals he told the story he's right in a tornado alley so he gets tornado was coming look like this was it for his farm so he's like a well and so he.
"twenty thirty years" Discussed on 1150 AM KKNW
"Said look you gotta go because he had lost all support on the hill but if if this would have been in fanned continuously by a news organization you know nixon was just twenty thirty years too early for for that extra bit of support now the rules have changed the atmosphere is different the dynamics are different and how the congress is reacting is a really really striking didn't work for nixon he did but but he recognized what he needed but he didn't have you didn't have the ability yet the network i mean he gave commercials for nixon and he built an image for but he did for the forbush and for trump yes yeah well the i mean paul ryan i mean it's just it really is like these little tiptoes like you know that he came out and said he agrees with trae audi i mean it's just weren't such a ridiculous place where we were literally have a lunatic in the oval office who tweet some ridiculous conspiracy theory every other day that then you know at least republicans with some bit of sanity most of those are on the way out trig outy paul ryan have to say no that's not there's no spy gate but but that's not that's like the most they stand up to him right just when it's it's the most lunatic of conspirator air looking they're afraid of his base that live in their districts and their stay out and and he's got this this hold on on the base and the the the republican members of the house house especially are are paralyze.
"twenty thirty years" Discussed on Super Station 101
"You know we haven't built any oversight in his country like in twenty thirty years driver or or maybe longer but wasn't it is our shortly after world war two that we would try to save the all resources in this country where later war possibly you know at the time that thing with soviet union so we would import oil from other parts of the from the other parts of the globe correct on well that's what that's what the strategic oil reserves were were you know all about with their intended for it but some people have suggested over the years and again they went all the way back to the second bush that you know we should use these reserves to to influence the markets and it just doesn't work that way we don't want to drain those reserves there's not enough reserves does not not to make marginal difference if you're thinking about the what is the strategic reserve is for you know in case of national emergency for a nother lord skill war world war do for the military to operate on that's not really for civilian use but you always hear them saying hey we're gonna release figures reserve this it's just like a drop in opinion the ocean i agree i agree anyway great job guys is one i thought y'all letter thanks very much a lot of folks don't even the interstate system the interstate systems designed for the military's use vote the internet all working with in spite of course contributions you'd be surprised how many things that are actually put out in this nation from a market perspective that are designed for the security of this country and so you know the the early days of the internet the arpanet you know was to allow forces in the field to communicate the event there was a nuclear war same thing on the interstate system to move troops around that's why it's actually federal law that any interstate every fifth mile has to.
"twenty thirty years" Discussed on The Guardian UK: Politics Weekly
"Level you know twenty thirty years down the line and i mean i think the penny is dropping with a lot of uh i think even people in in the financial times oped pieces from the mall the more you know pragmatic ones would realize that actually the state is coming back in and it kind of has to come back and if you're gonna see it cannot deliver long to an infrastructure renewal i mean if you look at the nuclear ing i mean you said you said you said britain we'll where more in favour of nuclear energy i'm not i'm not sure we obviously as apoe as as a sort of a nut the iranian she's plays much they spoke about taking energy from nuclear deal annual they would be mba but even that you had a massive underwriting by the state of the whole project to make it happen you know i think what we need to sit start saying that there is actually w we know the stages picking up the tab hall oil it's not the state the public is picking up the tab for a lot of these uh privatize services anyway um you know i'm actually there was some really good credible arguments that you can do this is much cheaper in the public sector um and that's what and that's why i'm not and that's nothing it's driving a lot of their the agreement especially in germany both in and perhaps more conservative rural areas has perhaps this is what is the more metropolitan areas is a realization by local politicians who probably have pragmatists rather than ideologues of any kind that they're actually um the things that they privatized in the nineties can deliver revenue that they can cross subsidize other cashstrapped public services i think other than some thing about jiminy you know they they've had a similar austerity politics at the national level but that means that there's a lot more pressure on look governments on their budgets on where local governments have i've actually still got the power to take things back into public control when it privatize franchise comes up for new they've done it because they realized well actually vases on uh revenues feeding shareholder dividends these private companies w we can bring that will bring a lot pick back and harrison beacons across subsidize cashstrapped public services or and she told about ways when germany's politics struck to different from persson's and we've also you chimi.
"twenty thirty years" Discussed on WLOB
"The table what they offer if they offered nothing more than excessive labour overhead then there will be more than a few places where companies will be happy to say you can strike till hell freezes over yeah ththat's absolutely right and it will be a great adventure to see how we play it if not the way they've been doing it at a european union for example the vision of the future ten twenty thirty years from now is one in which most people will not be working we already have one in five families working age and the united state for nobody works at all and the idea is the government instead of giving you a welfare check is going to give you a guaranteed wage of say thirteen thousand a year you get together with a few friends you have enough to maintain a reasonable household without lifting a finger how well they pay for that very simple in the european union are going to clear the robot's who are actually doing the work to be electron a person's and as soon as they do that the robot's can be taxed the robots or have any the robots don't have any assets they don't have any incomes what is it that you'll be taxing no they ever a play have productivity they have the head productivity yes they do so they'll be taxing the company's of course of course and i mean this is one of the great art forms the democrats who perfected here that they don't do to nearly the same degree in europe i mean even with the tax cut of republicans now 21percent corporate taxes in europe in in the eu countries of europe the average business taxes eighteen point eight percent so we'll still be above the we are a pnn average now uh would you have favored cutting the ah the raid more i know donald trump of course was talking of various types of fifteen percent of the twenty percent they settled on twenty one to pay for a few other things that it is in the the the multitude of provision in this tax bill are are you satisfied with twenty one or lower you can get it the.
"twenty thirty years" Discussed on KQED Radio
"An investigative journalist and that journalist naturally found the railway bus a man who ultimately confessed to this rate a man was thought to have committed fifty rapes in that area and when this information was given to the judge the judge said tight free thai this was so bitter and so he decided to file a lawsuit against the police and others whom he felt were responsible for his suffering and and that's when i really started working on this case trying to figure out how did that victim go from that ones the closest to i'm absolutely positive that's the guy i was asked to work on titus his case because i'm a psychological scientists i study memory i've studied memory for decades and if if i meet somebody on an aeroplane we ask each other what do you do what are you doing i say a study memory they usually wanna tell me how they have trouble remembering names or they've got a a relative who's got out some research some kind of memory a problem but but i have to tell them i don't study when people forget i study the opposite when they remember thing that didn't happen or remember things that were different from the way they really were i study false memories in one project in the united states information has been gathered on three hundred innocent people three hundred defend the to working victims of crimes they didn't do they spent ten twenty thirty years in prison for these crimes and now dna testing has proven that they are actually in assent and when those cases have been analyzed threequarters of them are due to a faulty memory foam anti eyewitness memory well why lights the jurors who convicted those innocent people and the jurors who convicted titus many people believe that that memory works like a recording device you just record the information then you call it up when play it back when you want to answer questions our identify images but decades of work in psychology has shown that this just isn't true our memories are constructive their reconstructive memory works a little bit more like a wicket pedia page you can go in there and change it but so can other people it's it's an amazing story and and i know that you you do a lot of this kind work at as a legal expert but you also do run these kinds of experiments in.
"twenty thirty years" Discussed on KFI AM 640
"House maybe there's always somebody who think you're you're a little off berger a little different now you do get anybody any anybody nobody would always say that no they haven't found anybody at end date they say they have talked to numerous people they're continuing to try here but they are asking for for any information that that anybody might have whoever came in contact with it guide had a memorable experience right if you're a thing that big he truly does not know a motive because i'm i'm speaking personally here and he could not not talking about the but what the investigators are working on at this moment because we can't look look at this case and and pay that we have a motive but there is nothing that point in the direction of what led him to to carry out if attacked yeah i i even read online did season fbi i veterans you know guys have been on for twenty thirty years and they go down the checklist of everything that they know about guys who snap like this and he doesn't check off any of them now now as social media profile nothing ag is completely wrong by no religious or political beef that we know about but it is important because there have been lots of room a lot of talk show banter about terrorism and that that indian the thought that that that could he'll be there the fbi uh poli they all say they have found no evidence that there is any connection to the international correctly up the guy thing even to terrorism in general uh you could debate if they through terrorism or not but in the traditional fence up care rhythm they find nothing there that there had been i know i'm getting tweeted constantly from people who claimed that uh that they think this with it because i and that they're going to uncover that it because it goes back to the philippines well that prove girlfriend was from it i went home there and that's why the money went to the philippines it was going to hurt i go if.
"twenty thirty years" Discussed on KMET 1490-AM
"And he has it on your upset make it a law right okay the reason he took six months to do it is because these given congress time to act in hopefully they'll go ahead and work something out uh let's see and they're all talk or if they use it as an election weapon but i think the democrats will i like they're all talk i think we've seen witnessed beyond a shadow of doubt this congress is nothing but talk i hope they put her all wession there's no action anywhere you can point to word congress has taken action president trump has taken actions where he can and tried to force congress in two action their inability falls back on the congressional leadership weather's the house or the senate take paul ryan is a failed majority leader mitch mcconnell is almost i on him say almost he is a joke of a leader that's my humble yeah he's wanting to drain the swamp he is the swamp but i hope they put e verify nowhere a lawyer that are somebody at no cost can go online and verify dimension some of these people that are daca recipients or wouldbe where have they been for some of better for twenty thirty years our application sovereign lifethird really wisdom they don't do it because edel have two exactly there's accountability so what trump did with that one move was he made congress accountable and he made these young people accountable he wanted to say to them we have a rule of law we have an immigration law and by the way what obama did was he created a class of people in the us that are special and above the rest of us are you okay what that are you okay they your own children worse pushed aside and some one that was yes they were brought here turn not the will of their own but basically they have more rights than your own kids they're getting in state tuition they're getting a lot of goodies and free piece and i think americans have to really think this over in say isn't it time we got back to the rule of law and running on the risk of people saying that you're a racist why is it okay for dhaka to be here and we're not supposed to say anything about that but.
"twenty thirty years" Discussed on KFI AM 640
"That the robbers would not be imprisoned for a robbery with twenty thirty years to come to an end in this case they needed help they need logistical help they needed the support in other ways so what you'd sort of a baby lay out what their ideal was the idea that they pitch did these mob guys whose support they requested yes we are basically what the court but the robbers also easy getaway car stolen car that would be provided by a uh a family and a getaway car would also have to be disposed so the market family provided all the owner operator at a record yard a section of the city who were would what could build a vehicle so that that it will be go evidence events of one witness may have noticed the robbery of going away from the hotel the limousine that people up with to water uh what they all good oh god that they had walked a few blocks away from the hotel so what other we require and good family provided the stolen getaway vehicle including deliver gene that could be robbers pulled up to go out with and by the way too will read so they live with a befitting vehicle for the robbers savable uh pulled up to the hotel editor also left until after the robbery so the plan is as they describe it to this lucchessi under boss who you can tell us a.