“The essence of investing is not maximizing returns, but rather maximizing odds of success.”
William Bernstein is a financial theorist, neurologist, and the best-selling author of “The Four Pillars of Investing: Lessons for Building a Winning Portfolio,” now in its second edition. Motley Fool Senior Advisor Robert Brokamp caught up with Bernstein to discuss:
- Why a 2% real return is “quite spectacular” - The math and Shakespeare of investing - Why value stocks may have fallen out of fashion - What the history of the stock market reveals about modern bubbles
Host: Robert Brokamp Guest: William Bernstein Producer: Ricky Mulvey Engineer: Rick Engdahl
The "Wild West" era of crypto lending ended in a series of bankruptcies. Now the industry is attempting to rebuild in a sustainable and accountable manner.
Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.
It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.
Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
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This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.
The Aeneid stands as a towering work of Classical Roman literature and a gripping dramatization of the best and worst of human nature. In the process of creating this epic poem, Vergil (70–19 BCE) became a living legend.
But the real Vergil is a shadowy figure; we know that he was born into a modest rural family, that he led a private and solitary life, and that, in spite of poor health and unusual emotional vulnerabilities, he worked tirelessly to achieve exquisite new effects in verse. Vergil’s most famous work, the Aeneid, was commissioned by the emperor Augustus, who published the epic despite Vergil’s dying wish that it be destroyed.
In Vergil: The Poet's Life (Yale UP, 2023), Sarah Ruden, widely praised for her translation of the Aeneid, uses evidence from Roman life and history alongside Vergil’s own writings in an endeavor to reconstruct his life and personality. Through her intimate knowledge of Vergil’s work, she evokes the image of a poet who was committed to creating something astonishingly new and memorable, even at great personal cost.
Benjamin Phillips is an MA student in History at Ohio University. His primary field is Late Antique Cultural and Intellectual History.
Throughout human history, people have killed, robbed, and put their lives at risk in the pursuit of power. In fact, almost all of history can be thought of as people, tribes, and nations all competing for power.
However, occasionally there are those who have the ability to seize power but refuse to do so.
One man, in particular, did so twice.
Learn more about Lucius Quinctius Cincinnatus, on this episode of Everything Everywhere Daily.
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In this installment of Best Of The Gist, we listen to Mike’s 2020 conversation with Hit Parade podcast host and music writer Chris Molanphy about 1983s top songs, all of which are now 40 years old. Then we replay Wednesday’s Spiel, in which Mike laments about the non-news story that is “near misses” on runways around the nation.
The Gist is produced by Joel Patterson and Corey Wara
What does an investor have to believe for today’s share price to make sense?
Ricky Mulvey and Asit Sharma continue their conversation about Expectations Investing, applying the framework to four companies with different growth outlooks. They discuss:
- Value drivers for a mature automaker. - A high-growth payment processing company experiencing a narrative shift. - If Nvidia can maintain its moat over the long-term.
Companies discussed: GM, CP, ADYEY, NVDA
Host: Ricky Mulvey Guest: Asit Sharma Engineer: Rick Engdahl
Interview with Anna Blakney; News Items: ChatGPT University Performance, Geothermal Energy, Failed Star, Doctor and NDEs; Who's That Noisy; Science or Fiction
Hasbro’s classic murder mystery board game comes to life in Clue: A Walking Mystery. In this immersive investigation, “detectives” will visit various locations across downtown Chicago to collect clues and solve puzzles in order to find out who did it, with what weapon and in what room. Reset speaks with director of operations and actor Sophie Grimm and game designer Juliana Moreno to learn more about the popular whodunnit experience.
The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. For more on the CMI you can visit: http://coindeskmarkets.com/
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From our sponsors:
Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.
It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.
Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.
-
This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.
The Soviet Union killed over six hundred thousand whales in the twentieth century, many of them illegally and secretly. That catch helped bring many whale species to near extinction by the 1970s, and the impacts of this loss of life still ripple through today’s oceans.
In this new account, based on formerly secret Soviet archives and interviews with ex-whalers, environmental historian Ryan Tucker Jones offers a complete history of the role the Soviet Union played in the whales’ destruction. As other countries—especially the United States, Great Britain, Japan, and Norway—expanded their pursuit of whales to all corners of the globe, Stalin determined that the Soviet Union needed to join the hunt. What followed was a spectacularly prodigious, and often wasteful, destruction of humpback, fin, sei, right, and sperm whales in the Antarctic and the North Pacific, done in knowing violation of the International Whaling Commission’s rules. Cold War intrigue encouraged this destruction, but, as Jones shows, there is a more complex history behind this tragic Soviet experiment. Jones compellingly describes the ultimate scientific irony: today’s cetacean studies benefited from Soviet whaling, as Russian scientists on whaling vessels made key breakthroughs in understanding whale natural history and behavior.
And in a final twist, Red Leviathan: The Secret History of Soviet Whaling(U Chicago Press, 2022) reveals how the Soviet public began turning against their own country’s whaling industry, working in parallel with Western environmental organizations like Greenpeace to help end industrial whaling—not long before the world’s whales might have disappeared altogether.
Erika Monahan is the author of The Merchants of Siberia: Trade in Early Modern Eurasia (Cornell UP, 2016) and a 2023-2024 Alexander von Humboldt Fellow.
