Shows
The Next NextFrom Courtside to Parenting: Insights from D1 Coaches Matt Kingsley and Tobin AndersonNavigating the Evolution of Youth Sports with Coaches Matt Kingsley and Tobin Anderson In this episode of The Next Next, host Jason catches up with Matt Kingsley, associate head coach for Yale's men's basketball team, and Tobin Anderson, special assistant to the head coach at University of South Florida's men’s basketball team. They discuss their wealth of coaching experience across different levels of college basketball, sharing insights into the changing landscape of youth sports, athlete development, and the increasing role of specialization and privatization. The conversation covers the impact of modern sports structures on young athletes, cha...2025-06-241h 02
Bei Anruf WettbewerbAuswege aus dem Ecosystem (mit Prof. Paul Heidhues)In Folge 102 holen sich Rupprecht Podszun und Justus Haucap Verstärkung ins Studio: Paul Heidhues, Professor für Verhaltens- und Wettbewerbsökonomie an der
Heinrich-Heine-Universität und einer der führenden Theoretiker seiner Zunft, ist zu Gast. Er diskutiert mit seinen Kollegen den Google-Kartellrechtsfall aus den USA. Was ist zu tun? Mit welchen Abhilfemaßnahmen kann das Google-Monopol aufgebrochen werden? Wie digitale Ökosysteme funktionieren und wie die Internetgiganten ihre Marktmacht nutzen, hat Heidhues auch in einem neuen Paper mit Mats Köster (Central European University, CEU) und Botond Köszegi (Universität Bonn) untersucht. Heidhues hat ein großes Regulierung...2024-11-1555 min
FQT PodcastAmy Tobin on Feminist Art HistoryIn this episode, FQT associate director Che Gossett speaks with Amy Tobin, University of Cambridge Associate Professor in the History of Art and Curator of Contemporary Programmes, at Kettle’s Yard, about feminist art history, feminist art curation, coalitional politics and her book, Women Artists Together Art in the Age of Women's Liberation (Yale UP, 2023), as well as her 2014 article, co-authored with Victorian Horne, "An unfinished revolution in art historiography, or how to write a feminist art history" in feminist review. 2024-11-1238 min
Creating a New HealthcareEpisode #186 Who Really Pays for Higher Healthcare Costs? with Zack Cooper, Associate Professor of Public Health and Economics, Yale UniversityZack Cooper is a health economist whose work is focused on producing data-driven scholarship that can inform public policy. He currently serves as an Associate Professor of Public Health and Associate Professor of Economics at Yale University in addition to being the Director of Health Policy at Yale’s Tobin Center for Economic Policy. Zack’s research has been published in leading economics and medical journals including the Quarterly Journal of Economics and the New England Journal of Medicine and presented at the White House, the Department of Justice, the Federal Trade Commission, and the Department of Health and Huma...2024-10-221h 01
Yale Talk: Conversations with President Peter SaloveySecretary Janet Yellen on Modern Supply Side Economics and the Tobin CenterU.S. Treasury Secretary Janet Yellen and Yale President Peter Salovey discuss one of the driving themes of the federal administration’s economic agenda: modern supply side economics. Modern supply side economics has vast implications for American policy from climate, innovation, tax policy, and infrastructure to workforce training, housing, health, and childcare. Secretary Yellen and President Salovey’s conversation includes context of Yale Tobin Center’s research and policy work across these areas – much of which has had national impact – as well as Tobin’s founding mandate to enhance diversity in the study of economics, where greater emphasis on modern suppl...2023-04-0557 min
YaleUniversitySecretary Janet Yellen on Modern Supply Side Economics and the Tobin CenterU.S. Treasury Secretary Janet Yellen and Yale President Peter Salovey discuss one of the driving themes of the federal administration’s economic agenda: modern supply side economics. Modern supply side economics has vast implications for American policy from climate, innovation, tax policy, and infrastructure to workforce training, housing, health, and childcare. Secretary Yellen and President Salovey’s conversation includes context of Yale Tobin Center’s research and policy work across these areas – much of which has had national impact – as well as Tobin’s founding mandate to enhance diversity in the study of economics, where greater emphasis on modern supply side...2023-04-0557 min
This Week in Intelligent InvestingTurmoil in the Global Banking System: Causes, Remedies, OpportunitiesIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the turmoil in the global banking system, delving into causes, remedies, and opportunities for intelligent investors.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon as a...2023-03-251h 22This Week in Intelligent InvestingThe End of TINA -- Does ”There Is No Alternative” to Equities Still Apply?In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the end of TINA ("there is no alternative" to equities) and how investors should think about protecting and growing wealth in a treacherous environment.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on t...2023-03-1253 minThis Week in Intelligent InvestingThinking About Artificial Intelligence and Its Implications for InvestorsIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss artificial intelligence, its capabilities and shortcomings, related trends, and implications for investors.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon as a basis for your o...2023-02-2648 minThis Week in Intelligent InvestingBed Bath & Beyond and the Fleecing of the American Retail InvestorIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the Bed Bath & Beyond saga and draw analogies to past case studies, including DryShips and Hertz.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon as a...2023-02-1951 minThis Week in Intelligent InvestingThe Opportunity in Beaten-Down, Money-Losing Growth BusinessesIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss long-term investment opportunities among fast-growing but money-losing companies whose stock prices have declined precipitously over the past year.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied u...2023-01-2958 minThis Week in Intelligent InvestingPrivate Equity and the Game of ”Volatility Laundering”In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the private equity asset class and the dangerous game of "volatility laundering", a concept popularized by Cliff Asness.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied u...2023-01-1549 minThis Week in Intelligent InvestingYear in Review: Why 2022 Was a Year to Remember and Possibly a Turning PointIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss some of the "highlights" of 2022, why it was a year to remember, and why it may have been a turning point for investors.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this p...2022-12-1854 min
Free To Choose Media PodcastEpisode 181 – Keynesian Economics (Podcast)Today’s podcast is titled, “Keynesian Economics.” Keynesian Economics w/ Prof. James Tobin, Sterling Professor Emeritus-Economics, Yale University and the winner of the 1981 Nobel Prize in Economics and Robert Shiller, Stanley B. Resor Professor of Economics, Yale University. Listen now, and don’t forget to subscribe to get updates each week for the Free To Choose Media Podcast.2022-12-0800 minThis Week in Intelligent InvestingHow to Invest When You Like the Business But Not Necessarily the Management TeamIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss a type of situation often encountered by investors -- when you like a company's business model and prospects but do not agree with management's strategy or capital allocation policies.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. S...2022-12-0448 minThis Week in Intelligent InvestingReflecting on the FTX Debacle and the Factors That Made It PossibleIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the FTX debacle and the factors that made such an epic disaster not only possible but perhaps likely.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied u...2022-11-2052 minThis Week in Intelligent InvestingThe Capacity to Suffer, How It Applies in Practice, and the Case of MetaIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the Tom Russo-championed concept of "the capacity to suffer", how to apply it in practice, and to what extent it can be used to think about the recent woes at Meta Platforms.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell a...2022-11-0640 minThis Week in Intelligent InvestingDavid Einhorn on Value Investing: Will It Ever Come Back?In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss David Einhorn's recent comments on value investing, which are available at https://youtu.be/ERa_d7PpbYU?t=31
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied u...2022-10-2247 minThis Week in Intelligent InvestingReflections on Buffett’s Famous Essay, ”How Inflation Swindles the Equity Investor”In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss Warren Buffett's famous 1977 essay, "How Inflation Swindles the Equity Investor". The co-hosts examine equity investing in the context of an inflationary environment.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast s...2022-10-0954 minThis Week in Intelligent InvestingThe Challenge and Risks of Managing Inventory in Light of COVID-Related Demand SwingsIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the challenges some companies have experienced managing their inventory levels in light of COVID-related demand swings. In particular, the hosts reflect on a Wall Street Journal article about Scotts Miracle-Gro (NYSE: SMG). They also touch on the challenges faced by Peloton (Nasdaq: PTON).
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed a...2022-09-2446 minThis Week in Intelligent InvestingThe Cyclicality of Malthusianism, and Related Investment ImplicationsIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the cyclicality of Malthusianism, and related investment implications.
"Malthusianism is the idea that population growth is potentially exponential while the growth of the food supply or other resources is linear, which eventually reduces living standards to the point of triggering a population die off." (source: Wikipedia)
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of i...2022-09-1137 min
Pricing Nature14. Kim Stanley Robinson, Kate Raworth, and Delton Chen Discuss Carbon CurrencyWill fighting climate change require restructuring the global economy? Is a “carbon currency” the most intuitive or efficient solution to the climate crisis? In the Season 2 finale, Casey chats with Kim Stanley Robinson (Author, The Ministry for the Future), Kate Raworth (Economist and Author, Doughnut Economics), and Delton Chen (Founder, Global Carbon Reward initiative) about the pros and cons of pursuing a global currency that rewards carbon emission reduction and sequestration. Read more at pricingnature.substack.com.
2022-08-171h 31Pricing Nature13: Could a New Global Currency Help Avert the Climate Crisis?Could an economy that directly rewards carbon emissions reduction and sequestration be the solution to the climate crisis? In today’s episode, we explore proposals for a global carbon currency: one unit of currency for one ton of CO2 reduced or removed. We’ll hear from Suzi Kerr (Chief Economist, EDF), Bill English (Professor in the Practice of Finance, Formerly on the Board of Governors of the Federal Reserve System), Vanessa Fajans-Turner (Executive Director, BankFWD; Candidate for Congress NY-22), Samuel Kortum (Professor of Economics, Yale University), Frank Van Gansbeke (Professor of the Practice, Middlebury College), and Diana Cárdenas (QOIN...2022-07-1859 minThis Week in Intelligent InvestingThe Futility of Recession Forecasting as Part of an Investment ProcessIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the futility of recession forecasting as a way of informing investment and portfolio management decisions.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon as a b...2022-07-1045 minThis Week in Intelligent InvestingSPECIAL: Vitaliy Katsenelson on the Stoic ”Operating System”, Painful Experiences in InvestingIn this special episode we are joined by Vitaliy Katsenelon, CIO of Denver-based value investing firm IMA and author of Soul In the Game. In this wide-ranging conversation we discuss what inspired Vitaliy to write the book, the Stoic "operating system for life," painful experiences in investing, and how to think and debate like a scientist.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be c...2022-07-031h 01This Week in Intelligent InvestingThe Evolution of Financial Distress | Investor Fatigue and Mental ExhaustionIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (1) how the likelihood of financial distress has evolved since the financial crisis of 2008, and (2) the mental exhaustion and fatigue many investors feel as a result of the experience of the past few years.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or s...2022-06-1847 minPricing Nature12. Carbon Offsets: One Quandary After AnotherAre carbon offsets a viable option for decarbonizing the global economy? What problems do they solve? What problems do they create? We hear from Suzi Kerr (Chief Economist, EDF), Brad Gentry (Frederick K. Weyerhaeuser Professor in the Practice of Forest Resources Management and Policy, Yale University), Zack Parisa (CEO, Natural Capital Exchange), Anastasia O’Rourke (Managing Director, Yale Carbon Containment Lab), Dr. Charles Canham (Forest Ecologist, Cary Institute of Ecosystem Studies), Kristen Lyons (Fellow, Oakland Institute), Kim Hellstrom (Strategy Lead, Sustainability, H&M Group), and Alex Barron (Assistant Professor, Environmental Science and Policy, Smith College). Read more at pricingnature.su...2022-06-131h 10This Week in Intelligent InvestingMichael Mauboussin’s ”Man Overboard Moment” and Sector RotationIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss the "man overboard moment" Michael Mauboussin wrote about in a 2015 white paper entitled, "Managing the Man Overboard Moment." We also talk about the concept of "sector rotation."
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific i...2022-06-0544 minPricing Nature11. What Have We Learned From Internal Carbon Pricing?Yale, Microsoft, H&M, Mahindra, Smith College, and University College London share lessons from their experience putting prices on their own carbon emissions. Casey Pickett, host of Pricing Nature and Director of the Yale Carbon Charge, shares experiences from the last six years and makes a big announcement about the future of carbon pricing at Yale. And we hear advice about internal carbon pricing from Joanna Marshall-Cook (Head of Sustainability Programmes, University College London), Kim Hellstrom (Strategy Lead, Sustainability, H&M Group), Elizabeth Willmott (Carbon Program Director, Microsoft), Anirban Ghosh (Chief Sustainability Officer, Mahindra Group), and Alex Barron (Assistant...2022-05-2345 minThis Week in Intelligent InvestingPost-COVID Growth Curves of Growth CompaniesIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss post-COVID growth curves of fast-growing businesses. For background, see the Q1 letter of RGA Investment Advisors at https://www.rgaia.com/wp-content/uploads/2022/05/Q122-Investment-Commentary-.pdf
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information s...2022-05-2246 minThis Week in Intelligent InvestingSPECIAL: Mary Childs on Her Book, The Bond King: How One Man Made a Market, Built an Empire, and Lost It AllIn this special episode, co-host Phil Ordway speaks with Mary Childs, author of The Bond King: How One Man Made a Market, Built an Empire, and Lost It All.
About the Guest:
Mary Childs is a co-host of NPR's Planet Money podcast. Before joining the team in 2019, she was a senior reporter at Barron's magazine, where she covered the alternatives industry, the bond market and capitalism. Before that, she worked at the Financial Times and Bloomberg News. She's written about the pioneering of new asset classes like time, billionaire's proposals to solve inequality and diversity...2022-05-1742 minPricing Nature10. Tax Ourselves? Why Companies and Institutions Are Pricing Their Own EmissionsWhat is “internal” carbon pricing? And why are more and more private companies and institutions using the tool to reduce their emissions? We hear from Elizabeth Willmott (Microsoft, Carbon Program Director), Anirban Ghosh (Chief Sustainability Officer, Mahindra Group), Kim Hellstrom (Strategy Lead, Sustainability, H&M Group), Alex Barron (Assistant Professor, Environmental Science and Policy, Smith College & Co-author, “Internal Carbon Pricing in Higher Education Toolkit”), and Long Lam (Lead Author, CDP’s “How-To Guide to Corporate Internal Carbon Pricing”). Read more at pricingnature.substack.com.
2022-05-1244 minThis Week in Intelligent InvestingReflecting on the Buffett & Munger Show at the Berkshire Hathaway Annual MeetingIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss impressions and takeaways from the Q&A session with Warren Buffett and Charlie Munger at the Berkshire Hathaway Annual Meeting 2022.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not b...2022-05-0846 minThis Week in Intelligent InvestingTwitter, Berkshire Hathaway, and Corporate GovernanceIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss timely issues in corporate governance, including the pending sale of Twitter to Elon Musk and proposals at the Berkshire Hathaway annual meeting.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast s...2022-05-0153 minPricing NatureBonus Episode: A Man, A Plan, A Canal, Carbon PriceA carbon price at the Panama Canal?! In this mini episode, Casey and Jacob hear from Maxim Rebolledo (Decarbonization, Canal de Panamá), and discuss the implications of private actors pricing greenhouse gas emissions. Read more at pricingnature.substack.com.
2022-04-2809 minThis Week in Intelligent InvestingPricing vs. Valuation and Companies in Transition | When ”Safety” Is Not CheapIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss pricing versus valuation, especially in the context of "transition" companies, such as Netflix. We also talk about the implications of so-called safe equities trading at high multiples.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific i...2022-04-2451 min
Pricing NatureBonus Episode: Hank Green on How to Talk About Climate ChangeWhat’s the best way to approach climate denialism? How should we feel if oil companies get rich solving the climate crisis? Do individuals have any power to address climate change? Casey discusses these questions and more with YouTube royalty Hank Green, a science communicator, author, and entrepreneur. Read more at pricingnature.substack.com.
2022-04-1140 minThis Week in Intelligent InvestingA Discussion of Energy: Opportunities and Challenges Facing InvestorsIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss the energy sector as a source of opportunities and challenges for intelligent investing.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon as a basis for y...2022-04-1045 minThis Week in Intelligent InvestingInvesting in Housing and Homebuilders: A Discussion of Sector DynamicsIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss intelligent investing in housing and homebuilders. We focus on the sector dynamics, without giving specific investment recommendations.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon a...2022-04-0346 minThis Week in Intelligent InvestingSPECIAL: Max Frumes on His Book, The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall StreetIn this special episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic speak with Max Frumes, co-author of The Caesars Palace Coup: How a Billionaire Brawl Over the Famous Casino Exposed the Power and Greed of Wall Street.
About the Guest:
Max Frumes leads a news team at Fitch Solutions covering corporate debt and restructuring. He previously was the founding editor of a leading publication covering corporate bankruptcy, and before that reported for S&P’s Leveraged Commentary & Data and The Deal. Frumes received his undergraduate degree from the University of California, Berkeley, and an MS...2022-03-2750 min
Pricing Nature9. Without National Climate Action, How Can US States Put a Price on Carbon?In the absence of climate policy at the federal level, what are US states doing to price their carbon emissions? And what does it take to get these subnational policies off the ground? The Pricing Nature team speaks to Paula Sardinas (Washington Build Back Black Alliance), Katie Dykes (Commissioner, CT Department of Energy & Environmental Protection), Rob Klee (Former Commissioner, CT Department of Energy & Environmental Protection), Martin Suuberg (Commissioner, Massachusetts Department of Environmental Protection), Nicole Wong (Former Campaign Manager, Green For All), and Iliana Paul (Senior Policy Analyst, NYU Institute for Policy Integrity). Read more at pricingnature.substack.com.
2022-03-2459 minThis Week in Intelligent InvestingSPECIAL: Roger Lowenstein on Ways and Means: Lincoln and His Cabinet and the Financing of the Civil WarIn this special episode, TWIII co-host Phil Ordway welcomes Roger Lowenstein, author of the newly published book, Ways and Means: Lincoln and His Cabinet and the Financing of the Civil War.
About the Guest:
Roger Lowenstein reported for The Wall Street Journal for more than a decade. His work has appeared in The Wall Street Journal, Bloomberg, The New York Times, the Washington Post, Fortune, Atlantic, the New York Review of Books, and other publications. His books include the NYT bestsellers Buffett, When Genius Failed, and The End of Wall Street, and the critically acclaimed...2022-03-2039 min
Pricing Nature8. What Can COPs Accomplish? A Field Trip to COP26 in GlasgowCOP26 Part II: What happened at COP26? Why is the Conference of the Parties process so important? And what are its limitations? The Pricing Nature team hears from Jonathan Elkind (Columbia University Center on Global Energy Policy), Ineza Grace (Loss and Damage Youth Coalition), Patience Nabukalu (Fridays For Future Uganda), and Yale School of the … Read More Read More2022-03-1058 minThis Week in Intelligent InvestingWhen Markets Trade on Headlines Rather Than Value | ”Safe” Assets Amidst the ChaosIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) times when markets trade on headlines rather than value; and (ii) "safe" assets amidst all the chaos in the world.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should n...2022-03-0654 min
Innovation4AlphaSaralyn Mark, MD - Human centered design on Earth and in Space (207)Saralyn Mark, MD, a world renowned leader in women’s health, is an endocrinologist, geriatrician and women’s health specialist. She was the first Senior Medical Advisor to the Office on Women’s Health within the Department of Health and Human Services. She designed the first women’s health fellowship in the US, helped create the National Centers of Leadership in Academic Medicine, the National Centers of Excellence in Women’s Health, and landmark educational campaigns on critical health issues. She has published and delivered over 600 lectures and is a frequent health media expert. Dr. Mark works with agencies, academia...2022-03-0131 minThis Week in Intelligent InvestingSPECIAL: Mario Cibelli on the New Reality for Public Small-/Mid-Cap Growth CompaniesIn this special episode, Mario Cibelli joins us to talk about the "rapidly forming new reality for public small/mid growth companies," the steps companies can take to adapt to this new normal, and how portfolio managers should think about diversification and turnover.
About the Guest:
Mario D. Cibelli is the General Partner of Marathon Partners L.P., an Investment Partnership focused on less efficient areas of the marketplace. The partnership follows sectors such as spin-offs, orphan IPOs, reverse mergers, rights offerings, re-caps, limited ‘float’ securities, bankruptcies, post bankruptcies, partnership securities, mutual owned conversions, small capi...2022-02-271h 01
Pricing Nature7. There’s a New Global Carbon Trading System—Article 6. Is It What We Need?COP26 Part I: We discuss the theory and politics of the new global carbon trading system established by Article 6 of the Paris Agreement. How is this carbon trading system different from all the others? Let us count the ways. We’re joined by experts Gilles DuFrasne (Carbon Market Watch), Rishi Bhandary (Global Economic Governance Initiative, … Read More Read More2022-02-2454 minThis Week in Intelligent InvestingWhy Executive Compensation Matters | Covid Winners and Losers, and How the Market ThinksIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) executive compensation, and why the details should matter to long-term investors; and (ii) Covid winners and losers: were the winners really the losers, and vice versa?
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific i...2022-02-201h 01
Pricing NatureWelcome Back to Pricing NaturePricing Nature is back for a second season. This year, we’ll explore carbon pricing beyond cap-and-trade and carbon taxes. We’ll cover creative ways of pricing carbon, from fees inside companies to markets for offsets. We’ll even explore a new idea for payments to reduce carbon in the atmosphere. We’ll speak with heroic local organizers, academic experts at Yale and beyond, YouTube royalty, one of the greatest living Sci-Fi authors, three commissioners of state-level climate policy, leaders at environmental nonprofits, and young advocates from around the world. To learn more, visit our website, pricingnature.substack.com.
2022-02-1702 minThis Week in Intelligent InvestingSPECIAL: Adam J. Schwartz on Designing a Business to Fit Your Investment ApproachIn this special episode, co-hosts Phil Ordway and John Mihaljevic speak with Adam J. Schwartz, Chief Investment Officer of Black Bear Value Partners, about the challenge and opportunity of designing an investment business that is most congruent with the manager's investment philosophy.
About the Guest:
Adam J. Schwartz manages Black Bear Value Partners. He has nearly two decades of buy-side investment experience in a variety of themes including equities, structured products, corporate credit and capital structure arbitrage. Prior to founding the Investment Manager, Adam served as a Director and senior member of the investment team...2022-02-1356 minThis Week in Intelligent InvestingThe Mistake of Not Selling Soon Enough | Reading for Purpose and the Importance of JournalismIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) "overstaying one's welcome" as an investor, or how to think about selling vs. holding; and (ii) reading for purpose and the importance of journalism.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared o...2022-02-0657 minThis Week in Intelligent InvestingThe Inflation Debate | Investing in Unprofitable CompaniesIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) the inflation debate, and whether the word "transitory" still has relevance; and (ii) investing in unprofitable companies.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied u...2022-01-2354 minThis Week in Intelligent InvestingInvesting and Life Lessons from Lou Simpson | Lumpy 15 Percent ＞ Smooth 12 PercentIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) investing and life lessons learned from the late Lou Simpson; and (ii) Buffett's quote, “Charlie (Munger) and I would much rather earn a lumpy 15 percent over time than a smooth 12 percent.”
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any p...2022-01-1647 minThis Week in Intelligent InvestingDisparity of Large-Cap vs. Small-/Mid-Cap Valuations | Peter Bernstein on Bubbles and SurvivalIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) the historically high disparity between large-cap vs. small-/mid-cap valuation; and (ii) Peter Bernstein on survival and the avoidance of disaster, as well as managing through bubbles.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security s...2022-01-0943 minThis Week in Intelligent InvestingSuperforecasting and the Good Judgment Open | Biggest Lessons of the Year 2021In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) superforecasting and the Good Judgment Open; and (ii) the biggest lessons of the year 2021.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be relied upon as a b...2021-12-1953 minThis Week in Intelligent InvestingMichael Mauboussin‘s Expectations Investing | The Right Amount of LyingIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) the new edition of Michael Mauboussin's book, Expectations Investing; and (ii) the "right" amount of lying -- prompted by Rohit Krishnan's essay, "How Much Should You Lie?"
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security s...2021-12-1255 minThis Week in Intelligent InvestingThe Future of Brands and Brand Value | Leadership Change at TwitterIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) the future of brands, and how to think about brand value; and (ii) leadership change at Twitter, with Parag Agrawal becoming CEO.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this p...2021-12-051h 00This Week in Intelligent InvestingChallenges of Forecasting in Business and Investing | Zillow‘s Retreat From iBuyingIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) the challenges of forecasting, faced by businesses and investors alike; and (ii) thoughts on Zillow's retreat from ibuying.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this podcast should not be r...2021-11-2154 minThis Week in Intelligent InvestingGE and the Deconglomeration Push | Kasparov Principle as Applied to InvestingIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) the pending breakup of GE and whether it signifies the "end of conglomerates"; and (ii) the "Kasparov Principle" as applied to investing.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security specific information shared on this p...2021-11-1453 minThis Week in Intelligent InvestingGame Theory Dynamics in Consolidating Industries | Companies with Internal Investment FunctionIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) game theory in consolidating industries, and how it fits into investment strategy; and (ii) companies with an internal investment function, and whether more companies should pursue it.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of its content should be construed as investment advice or as a recommendation to buy or sell any particular security. Security s...2021-11-0753 minThis Week in Intelligent InvestingUsing Macro Data in the Investment Process | An Area Ripe for Great Investment IdeasIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) using macro data in the investment process -- specifically, the one source of macro data Phil uses regularly; and (ii) an area ripe for interesting investment ideas: companies whose product or service is important to the customer but represents a small portion of the customer's total cost.
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The primary purpose of this podcast is to educate and inform. The views, information, or opinions expressed by hosts or guests are their own. Neither this show, nor any of i...2021-10-3144 minThis Week in Intelligent InvestingPositioning for Longevity in the Investment World | End of Decades-Long Bull Market in Bonds?In this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) positioning for longevity in the investment world; and (ii) whether we are near the end of the decades-long bull market in bonds.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and analyzing long-term, high quality investment opportunities and strategic portfolio management. Prior to j...2021-10-2455 minThis Week in Intelligent InvestingDavid Spiegelhalter on Risk and the Use (and Misuse) of Statistics | Suprising Market InternalsIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) an interview with Sir David Spiegelhalter on risk and the use (and misuse) of statistics, published in the Financial Times on April 16, 2021; and (ii) a table from Morgan Stanley, showing that more than 90% of stocks have declined more than 10% from their YTD highs (>30% for Nasdaq and Russell 2000 stocks) even as the market indices remain only a few percentage points off their highs.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at R...2021-10-1650 minThis Week in Intelligent InvestingDuration, Terminal Value, and FOMO | Great Investing Texts to Re-Read OftenIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) duration, terminal value, and the "fear of mission out"; and (ii) investing articles and texts that belong in every investor's "re-read" folder.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and analyzing long-term, high quality investment opportunities and strategic portfolio management. Prior to j...2021-10-1051 minThis Week in Intelligent InvestingConfidence vs. Overconfidence | Idea Generation and Getting to ”No” QuicklyIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) confidence vs. overconfidence; and (ii) idea generation, or how to get to "no" quickly in the investment process.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and analyzing long-term, high quality investment opportunities and strategic portfolio management. Prior to joining RGA, Elliot managed p...2021-09-271h 01This Week in Intelligent InvestingInvestment Implications of Labor Shortages | Don‘t Miss the Big Ideas in InvestingIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) the prevalence of labor shortages in the US and their potential investment implications; and (ii) the tendency of investors to miss the "big ideas" due to a focus on financial valuation rather than qualitative insight.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering a...2021-09-1855 minThis Week in Intelligent InvestingWhy All News Seems to Be Good News | Sound Underwriting vs. Position ManagementIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) why all news seems to be good news in securities markets, and whether market cycles have actually been dampened or truncated or if that is an exaggeration; and (ii) the distinction between sound underwriting and position management, as illustrated by Elliot's example of Kambi Group.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price i...2021-09-1256 min
Hollywood Real with Jay MenezRich Ting Interview | How a Yale Lawyer Became "Bolo" in Bruce Lee's WARRIORActor Rich Ting stars as "Bolo" in Bruce Lee's Warrior on HBO Max. He was honored as Grand Marshall of the San Francisco Chinese New Year Festival and Parade for 2023.Directed by Justin Lin of the Fast & Furious movie franchise, the Warrior television series was inspired by the writings and work of Bruce Lee and brought Rich's career full circle by connecting him to the childhood icon he idolized. Rich joined Warrior castmates Andrew Koji, Dianne Doan, Olivia Cheng, Joe Taslim, Perry Young...2021-08-121h 29This Week in Intelligent InvestingSeason One Wrap: Highlighting Favorite Episodes | A Glimpse of What's to ComeIn this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic wrap up Season One of This Week in Intelligent Investing. They highlight some of their favorite episodes and provide a glimpse of what's to come in Season Two.
The podcast takes a summer break through Labor Day.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses o...2021-07-1832 minBei Anruf WettbewerbWie legt man Big Tech an die Kette, Monika Schnitzer?In Folge 25 besprechen die beiden Wettbewerbsfreunde Rupprecht Podszun und Justus Haucap die Frage, wie sich die Big Tech-Unternehmen am besten regulieren lassen. Dazu haben sie sich hochkarätigen Rat in die Telefonleitung geholt: Monika Schnitzer ist u.a. Mitglied im Sachverständigenrat der Bundesregierung. Die Professorin für Komparative Wirtschaftsforschung von der LMU München stellt sich den Fragen ihrer Düsseldorfer Kollegen: Sollten die Silicon Valley-Konzerne zerschlagen werden? Und hemmt der Regulierungsdrang der EU nicht möglicherweise die Innovation? Und warum wird eigentlich die Google-Suche schlechter?
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Crawford G., Crémer J., Dinielli D., Fle...2021-07-1537 minThis Week in Intelligent InvestingScarcity vs. Abundance, and the Curation Unlock | Firestone's Law of ForecastingIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) scarcity vs. abundance, and curation as the next big unlock; and (ii) "Firestone's Law of Forecasting" and the importance of avoiding zeros.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and analyzing long-term, high quality investment opportunities and strategic portfolio management. Prior to j...2021-07-031h 05This Week in Intelligent InvestingDaniel Kahneman's "Noise" | Is Customer Acquisition Cost the New Rent?In this episode, co-hosts Phil Ordway, Elliot Turner, and John Mihaljevic discuss (i) the idea of a noise audit in the investment process and Daniel Kahneman's new book, "Noise: A Flaw in Human Judgment"; and (ii) whether customer acquisition cost (CAC) should be considered the new rent.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and a...2021-06-261h 09This Week in Intelligent InvestingOn Being an Emerging Manager: Experiences, Lessons Learned, Success FactorsIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss what it's like to be an emerging manager. Elliot and Phil share their experiences, lessons learned, and success factors.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and analyzing long-term, high quality investment opportunities and strategic portfolio management. Prior to joining RGA, Elliot managed p...2021-06-121h 57This Week in Intelligent InvestingAggregation of Marginal Gains | A Study of Lifetime Value CreationIn this episode, co-hosts Elliot Turner, Phil Ordway, and John Mihaljevic discuss (i) the concept of "aggregation of marginal gains" and related examples; and (ii) an academic study of lifetime value creation in the stock market.
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About the Co-Hosts:
Elliot Turner is a co-founder and Managing Partner, CIO at RGA Investment Advisors, LLC. RGA Investment Advisors runs a long-term, low turnover, growth at a reasonable price investment strategy seeking out global opportunities. Elliot focuses on discovering and analyzing long-term, high quality investment opportunities and strategic portfolio management. Prior t...2021-06-051h 06
The Theatre of Others PodcastTOO Episode 58: Conversation with Director Shadi GhaheriSend your questions or provocations to Adam or Budi here!In this episode, Adam and Budi speak with director Shadi Ghaheri about her career as an immigrant theatre-maker, how language plays a key role in how we view the future, and why archiving is vitally necessary now. Shadi Ghaheri is a Theatre/Film director, choreographer, and writer from Tehran, Iran based in New York City. She has directed, Mother Courage (Hunter College), Tosca Tehran (Rough Draft), Fen (Columbia University), Untitled (Rattlestick Theatre), Lucretia (HERE), Last Days of Judas Iscariot (Williams College), Shahr-e-Farang (Spectrum NYC), Death...2021-05-311h 19