AZ Tech Roundtable 2.0

Think Globally When Looking for Stocks to Invest In w/ Meb Faber

AZ TRT 2.0 Flashback S05 EP32 8-18-2024

Things We Learned This Week

• Investment Plan – write it down and stick to it, give yourself rules and guard rails

• Allocation – Global Stocks, Global Bonds, Global Assets (Real Estate, Commodities, etc)
• Talmud Portfolio – 2000 year old strategy – 1/3 of $ in land, business, reserves
• Invest With the House – monitor the 13F of big investors to get ideas

• Market Cycles – importance of identifying them, to know where you are at when investing to avoid Bubbles and Mania

Guest: Meb Faber at Cambria Investments https://www.cambriainvestments.com/

Website / Blog / Books: https://mebfaber.com/

Twitter: https://twitter.com/mebfaber

Book Recs / Investing Info: https://mebfaber.com/reading-list/

Meb Faber takes us on an in depth discussion on investing, doing your research, Quant investing, and looking at stocks outside the US to diversify your portfolio. Why following the big investors 13Fs, aka Invest with the House, can reap benefits and ideas. He is a historian on investing and always crunches the numbers and data.

Mr. Faber is a co-founder and the Chief Investment Officer of Cambria Investment Management. Faber is the manager of Cambria's ETFs and separate accounts. Mr. Faber is the host of The Meb Faber Show podcast and has authored numerous white papers and leather-bound books. He is a frequent speaker and writer on investment strategies and has been featured in Barron's, The New York Times, and The New Yorker. Mr. Faber graduated from the University of Virginia with a double major in Engineering Science and Biology.

He has written multiple Books on Investing – Global Asset Allocation, Global Value, Invest With the House, Shareholder Yield, Ivy League Portfolio, The Best Investment Writing

You can Download some for Free here: https://mebfaber.com/books/

Notes:

Written Investment Plan, and stick to that plan

Learn thru experience what your real risk tolerance is when you actually lose $

Do you have the fortitude to stick to your investing plan, when the stock has a 50% draw down

Investment Market History – over a 200 year period to give you guide posts

Expectations of returns that are more realistic, to avoid disappointment

Market Cycles – living thru cycles to identify them

Long Term Investment Horizon - 10 to 20 years, downturns in stocks, bonds, gold can last years

Example – you expect to stay in your house for 10 – 20 years

Short term leads to chasing returns and bad behaviors

Deep Research on Investments, Quant analysis and review the numbers to avoid biases

Allocation – Global Stocks, Global Bonds, Global Assets (Real Estate, Commodities, etc)

Meb book rec: Triumph of the Optimists – historical review of market returns, also Jim Rogers books

Home Country Bias – most people in US invest 80% in US stocks, look globally ( and allot 50% to US)

Diversify Worldwide – research European or Japanese stock market for ideas

Biggest Stocks hit a size that will have trouble going forward growing bigger (got from $1 tril, to $10 tril size), also have a target on your back, biggest stocks over time will underperform the index

ETFs – worldwide and foreign markets

Invest with the House – monitor the 13F of big investors for ideas, institutional investors with $100 mil in assets must do a quarterly filing of stocks they hold (45 days after)

Analysis Paralysis – Simplicity is important, have an easy strategy

Talmud Portfolio – 2000 year old strategy – let every man invest 1/3 of $ in land, business, reserves

Meb modern translation – stocks, real assets, cash & bonds

Hard to beat strategy, can buy ETFs at low cost, and re-balance

Monitor details of taxes and fees, be defensive - Diversify your net worth to business, land, etc.

Start investing at a young age, save $ and stay invested, focus on low fees

Then Advanced Strategies of Value Investing, Trend Following, Tail Risk, etc.

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

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Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Investing in Real Estate Opportunity Zones Revisited

w/ Greg Talcott of Caliber Funds

AZ TRT S05 EP31 (247) 8-11-2024

What We Learned This Week

• Caliber Co is an integrated real estate company from service to construction to investment funds
• The biggest idea in funds right now is Opportunity Zones - investing in below medium income areas
• Caliber deals can last 5+ years, with an IRR of 17%
• Caliber has great lenders to get good interest rates, they fund deals 50/50 - loan to equity
• Location - always looking for great properties w/ community to support biz + other real estate building

Clips from:

Investing in Real Estate Opportunity Zones w/ Greg Talcott of Caliber Funds

AZ TRT S04 EP42 (205) 10-22-2023

Full Show: HERE

Guest: Greg Talcott, Managing Director of Sales

LKIN: https://www.linkedin.com/in/gregorytalcott/

Greg Bio: HERE

Experienced sales executive with a demonstrated history of working in the venture capital and private equity industry. Skilled in Securities, Asset Management, Investment Strategies, Equities, Real Estate, and Financial Advisory. Strong media and communications professional, expertise in digital marketing to niche networks such as ultra high net worth individuals. BS focused in Law & Political Science from Arizona State University.

https://caliberfunds.co/

https://www.caliberco.com/

Real Estate Investment Experts

Caliber is a leading vertically integrated asset management firm whose primary goal is to enhance the wealth of investors seeking to make investments in middle-market assets. We strive to build wealth for our investor clients by creating, managing, and servicing proprietary products, including middle-market investment funds, private syndications, and direct investments. Our funds include investment vehicles focused primarily on real estate, private equity, and debt facilities. We market our services through direct sales to private investors, wholesaling to investment advisers, direct sales to family offices and institutions, and through in-house client services. Caliber's middle-market specialty allows the Company to compete with agility and speed in an evolving arena of alternative investments.

Notes:

Seg 1

Preview clip of Caliber Funds

Real Estate Investing -

Many ways to invest in real estate. You could do the DYI method, you buy a property and then manage it yourself as the landlord. You could fix and flip, where you buy a property invest in it do some upgrades, and then flip it for a profit in the short term.

You could buy tax liens and get paid when the property taxes are paid off. You can invest in REITs, real estate investment trust. Similar to a Dividends stock you make money off the cash flow income to properties. There are major real estate investment funds, and this is what Caliber does.

When investing in real estate there are a number of terms you should understand. Analyzing any property you on you need to know what your net operating income is.

To do the calculation you take the total revenue generated by the property minus the operating expenses. Examples of operating expenses are property management fees utilities property taxes, maintenance, marketing and upkeep.

Other terms of note –

Cap Rate - Calculated by dividing a property's net operating income by its asset value, the cap rate is an assessment of the yield of a property over one year. For example, a property worth $14 million generating $600,000 of NOI would have a cap rate of 4.3%.

ROI – return on investment

Tax write offs like Depreciation, or expenses

Interest rates for loans, and Refinances

Valuation of property - Net operating income divided by the cap rate equals the valuation

Seg 2

Greg with Caliber Funds

Caliber is an integrated real estate company, that has multiple divisions - dealing from service to construction to investment funds. The company was started 15 years ago by Chris Loeffler out of Phoenix Arizona, and has since gone public.

Greg works in the capital raising division, works with accredited investors, people with high net worth, institutions and family offices.

Caliber has different types of funds, from growth, to income, to a balance of both. Caliber has 2000 Limited partners or LPs investing in their company.

Caliber is considered the GP or general partner, the manager of the deal. Caliber takes on the management of the deal, negotiation, paperwork and bigger risk. For limited partners or LP (the investors), total risk is the capital they invested.

The biggest opportunity in funds right now is opportunity zones.

Income fund deals you invest for 12 to 24 months with an 11% return. More common deals are 3 to 5 years looking for a preferred return where the investor keeps the first 8% then it is an 80/20 split.

Caliber has profit carried interest - Carried interest, or "carry" for short, is the percentage of a private fund's investment profits that a fund manager receives as compensation. Used primarily by private equity funds, including venture capital funds, carry is one of the primary ways fund managers are paid.

Caliber shoots for deals that have a 5-year hold, with an internal rate of return or an IIR of 17%. Part of that is pass-through losses and depreciation, and tax write offs. Each investor in a 5 year deal receives a K-1 each year for their tax return. Fixed income, or note funds investors receive a standard 1099 for their tax return.

Most real estate investments want to get a high return as it is an illiquidity premium. Your money could be tied up for 5 to 10 years so you should get a higher return. For investments that have a lot of liquidity like stocks, you may not expect the same type of return.

Not uncommon after 3 years in a fund, there's a liquidity event where there's a refinance and then a capital distribution back to investors.

Opportunity zones were created in 2017 with the passing of the Tax and Jobs Cut Act. These were real estate areas where there was below medium income, based on 2010 data. There are about 8700 of the zones in the US.

An example could be a distressed part of town or even a college area. One of the locations that Caliber is targeting in Arizona is 80 acres, in and around the Talking Stick location by the 101.

There are many tax benefits to investing in real estate. What the opportunity zones offer is to defer or possibly even eliminate capital gains over the long term.

The way capital gains works with real estate, you have 180 days from a sale to put the sale proceeds somewhere or you need to pay taxes on it. Currently with the law, opportunity zones allow you to defer taxes to April 2027. There is also talk of extending this law to 2029.

Seg 3

Capital gains works like this - long term capital gains is 12 months plus, and it's at a 20% fixed federal rate. Short term capital gains work at 12 months or less, and then you pay your standard income tax rate.

An Accredited Investor is someone who earns $200,000+ per year or has a net worth of investable assets of $1,000,000+. This is defined by the SEC.

Caliber does a lot of education events to teach their investors about their private equity structure deals and how private equity real estate works. They often have webinars, different live events, classes and online videos.

Investing in opportunity zones have many benefits. No. 1 is being able to defer the capital gains. No. 2 is there's a 10 year hold on the investment, and then after that all appreciation is tax free. No. 3 as a limited partner you get the K-1 with the pass-through tax depreciation and other potential benefits. Caliber is the GP general partner or sponsor of the deal.

The way a deal will break out as in the first 5 years you might earn zero, but in the second 5 years with a distribution in a refinance you could earn 50% plus. An example of a recent Caliber deal is they are working on a downtown revitalization of Mesa.

With growth funds you can get the ROI and the tax benefits. Caliber shoots for high internal rate of return (IRR) of 15% plus where you can double your equity every 5 years. After year 5, then an 8% distribution.

The goal is a 2.5x return multiple over 10 years in an investment. Typically a refinance is going to be the largest form of distribution.

Another example of a recent caliber deal was a Shopping Center in north Scottsdale at Northsite & Raintree corner. A high occupancy property (strip mall) which they were able to improve on and get a return of 30+ percent after 2 years. They bought, increased tenants and amenities - then resold the property

Seg 4

Interest rates always matter in real estate deals. Last 10+ years interest rates have been near zero, which has been great for real estate. Now with interest rates going up, you have to structure deals differently.

Caliber brokers their deals very carefully with a 50/50 loan to value. No one deal is over levered. With more equity in a deal, you can get a lower interest rate on a loan. Caliber has a debt load of 33%.

Caliber also has good relationships with specialty lenders and banks. Given the current interest rate environment, a refinance will not be as good as they were pre 2022.

A sale of a good property with cash flow, is always a possibility. Especially, if you get a good enough offer.

Example: Caliber bought a big property at $21 million, then 2 years later they were able to sell it at $27 million - after upgrades lease renewals etc.

Anytime you own a commercial piece of real estate, there's always the risk of no tenants. You want to de-risk the deal and buy a property with a high occupancy rate (tenants). You also get the depreciation and the steady income after the deal is closed.

Rule # 1 - location, location, location. You're always looking for a great neighborhood and the support the local businesses. This provides tailwinds to any real estate deal. You're also looking for any other construction building in the area, for example apartment homes.

Caliber has a few different funds to offer - fixed income, growth fund, core growth and income fund, opportunity zones, and syndication deals.

Syndication Deals are large real estate investor deals that typically are going after bigger properties. Examples of this could be hotels being converted to apartments, or hospitals or hospitality trusts.

Real Estate Topic:

https://brt-show.libsyn.com/category/Real+Estate-Construction-Land-Farming

Investing Topic: https://brt-show.libsyn.com/category/investing

More - BRT Best of: https://brt-show.libsyn.com/category/Best+Of

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AI Autonomous CRM to Help Sales w/ Vitaly Golomb of Sofielabs

AZ TRT S05 EP30 (246) 8-4-2024

What We Learned This Week:

• AI Autonomous CRM to help sales handle repetitive tasks, so they can focus on talking with clients
• Accelerate Growth with Instant AI-Driven Lead Engagement
• Sofie Labs can disrupt the big players in the CRM industry as they are starting with AI on day one
• Each Phase of Tech gives new tools & opportunities to solve old problems faster, more efficiency

Guest: Vitaly Golomb, CEO, serial entrepreneur, author and market challenger for AI CRM.

Website: https://www.sofielabs.com/

The Problem

For the last two decades, much attention has been paid to data organization in CRM systems to eke out incremental improvements in sales. According to SaaS Capital, sales has been the second biggest cost center after R&D. A revolution of AI automation has begun, and the focus is shifting from software features to streamlining and replacing inefficient human processes. Sofie seamlessly integrates with existing sales operations and starts by addressing the weakest link in the process: the SDRs. These entry-level salespeople are notoriously expensive to recruit, train, and retain. They typically lose 50% of qualifiable inbound leads by taking too long to respond or not following up. They also tend to pass through unqualified prospects to the next stage of the sales process at a high rate, wasting Account Executives' time.

The Future of CRM/AI/People

Salesforce's and HubSpot's grips on CRM show signs of cracking in the face of rapidly evolving AI tools changing how companies sell. Enterprises spend 48% of their OPEX on marketing and sales.

The weakest link is not software functionality or data but sales development personnel – a massive 35-billion-dollar labor cost.

"The arms race in sales has shifted from cumbersome CRMs to AI automation," said CEO and co-founder Vitaly M. Golomb. "With Sofie, sales organizations can dramatically improve their return on marketing spend using cutting-edge technology without gimmicks in a very practical way."

He has also played every role as an entrepreneur, investor and coached many to success as a banker too.

Book

Amazon.com: Vitaly Golomb: books, biography, latest update

Accelerated Startup: Everything You Need to Know to Make Your Startup Dreams Come True From Idea to Product to Company

Notes:

Seg 1

Sofie Labs AI CRM, autonomous assistant to drive lead engagement

CRM is the heartbeat of sales the last 20 years. Can use some as simple as an excel doc or some advanced software like a Salesforce or HubSpot.

Sales people have to be able to manage their leads, clients and their sales reports.

Marketing creates demand and awareness, to have people request info. Then a sales assistant or SDR would qualify the lead and then pass a good lead to a sales account rep. The sales rep then would present the product, do a proposal and ultimately close the deal. This entire process would be tracked in a CRM.

AI is a tool, not an item. Each phase of the technology wave through history gives opportunities. Technology creates new tools and new ways to do something faster. It has always been a Tech arms race. Companies need to adopt technology fast and use the new tech or be left behind the competition.

AI has autonomous agents that do things for you. In theory, this should make your business more efficient, efficiencies gained by the assistance of AI. They can handle complex tasks like AI search. In the future, you'll be able to use AI for research in seconds, as opposed to the past using an intern and it would take hours or days.

AI CRM will make the sales people better, by taking away the repetitive work. Can automate processes like, the FAQ of a sales process

Junior sales people, or SDR usually make the initial contacts to qualify prospects. SDR stands for sales development rep, and entry-level sales position. Then you have the higher up levels like an enterprise rep or an account rep.

Sofie labs is providing you an AI sales assistant who works 24 hours a day. The AI program can set up appointments and track leads. Follow up and sales could take anywhere from 30 days to a year.

SDR is costly, lots of training and recruiting. What typically happens with an SDR is either quit the job at a frustration or get promoted to be an account rep. Much of Sales op and Cap spend is on sales marketing and the sales process overall. You need sales to create scale in your company and grow.

Seg 2

Sofie Labs is running a pilot program inviting sales companies to test their software. Typically looking for a startup company that has a sales process.

There are many ways they can benefit companies, including startups with automated building of the sales organization. For example, a small company could have one SDR vs 10. The SDR would manage the virtual SDRs.

Ask the question what CRM should look like with AI?

Use the first principles process. Scientific process created by Richard Fineman, and made popular by Elon Musk of Tesla. Basically step back and look at the problem with a fresh set of eyes and review the facts in front of you.

First principal process comes from science and engineering, find the truth, breakdown the problem, analyze elements, and reconstruct the problem.

The rush by many companies to add AI is not always organized. AI is one more tool in the new tech that provides an opportunity to solve the same old problems.

What are CRM supposed to do? How can Sofie compete with big players in the industry like salesforce and HubSpot.

The answer is disruption of the old business model. It is tough for a large company like Salesforce to cannibalize their current business model and switch to an AI model.

It is rare to see big companies like FB / Meta who are able to pivot to AI in the virtual world. Will Salesforce be able to?

It is the Innovator's Dilemma where large company needs to figure out how to pivot and build a business side-by-side. Amazon was able to do this with AWS.

Building the true AI will be the next tech era. This is not a temporary shiny object. There have been three big errors in tech the Internet, mobile, social media, and now the newest one AI.

Every new wave of technology gives a better way to solve the same problems.

A lot of times large companies will acquire startups and the IP technology they've created vs trying to pivot their current business model.

Old business question, buy or build?

Many companies have to decide whether they should build in house or use M&A and just buy the best winner. There's no guarantee if you build in house it will succeed.

Seg 3

AI CRM

Sofie labs is the disruptor, building a business from the ground up with AI.

Marketing and sales is life blood of business. A business has to know how to create awareness to generate leads. B2B business process is, you create demand and lead generation.

People need the product, and because of the awareness, they think of your business. You have to analyze traffic flow and see what converts. This is a lot of busy work.

Tools and tracking on your ad spend. What is the efficient use of these tools and ad spend tracking.

Create a customer profile, and customize a template for the CRM. Using AI you describe the custom and set up you want. It's like an onboard wizard with no more sequences.

You don't have to go through the cumbersome process of a Salesforce.

You're using the best practices, like the Michael Jordan no CRM.

It also has marketing approaches built-in, and the sales playbook. Can do your lead generation and contact list. Get to the right person and set up the meeting.

The comparison is like a World War II B2 bomber vs a modern day drone.

Also, the email processes are correct, not spam. Do your best to catch people in the buying cycle, and reach out effectively.

Inbound engagement process, if no response in the first 5 minutes from an inbound lead then 90% chance they go somewhere else and you lose that lead.

Speed matters for contact and potential demo process. With a virtual AI CRM it can automatically respond to incoming leads. The AI can also give a custom response to leads, depending on what part of the sales cycle the lead is in.

Sales need the human touch, more complex the product, more of a need for the human touch. AI assistant from Sofie Labs is just here to make sales easier, automate the processes and get rid of the menial tasks.

Make the whole process more efficient with tools like automated proposal writing.

Steve Jobs had a classic quote, 'Computer is the bicycle of the mind'.

If that is so, then AI is the 3-D printer - speeds the process up.

These are new tools for sales, infrastructure, and the sales person has less chores.

Create documents like contracts with prefilled process. Helps you with follow-ups to get signatures. In the future, it will deal with account management, invoices, and a follow up process for reviews and renewals.

Customer relationship is always ongoing in sales, referrals, and then new sales.

All relationships need the human touch, the AI assistant from Sofie Labs helps you with your CRM to lesson and repetitive chores.

Sofie Labs is doing a pilot for the sales test, a sales playbook and process would be needed for all applicants.

Related Show:

Zero to One - Peter Thiel Contrarian Thinker + Disruption

AZ TRT S04 EP50 (213) 12-17-2023

What We Learned This Week

• Contrarian Thinking – think for yourself and differently than everyone else
• Innovation great companies have unique products that go from Zero to one, vertical
• Founders are important and challenge the Status Quo to change the world
• Competition is for losers, strive for a Monopoly
• Secrets – What Great Company is No One Building?
• Disruption in Business & Tech World - How to Handle The Innovator's Dilemma

Zero to One: Notes on Startups, or How to Build the Future (c- 2014)

Show Link: HERE

Biotech Shows: https://brt-show.libsyn.com/category/Biotech-Life+Sciences-Science

AZ Tech Council Shows:

https://brt-show.libsyn.com/size/5/?search=az+tech+council

*Includes Best of AZ Tech Council show from 2/12/2023

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

All in One Connect Plus + Virtual Office for Non-Profits by NEP Services w/ Stacey Yudin

AZ TRT S05 EP29 (245) 7-28-2024

What We Learned This Week:

• Non-Profits and Union type orgs need to upgrade their use of tech to connect with members & donors
• Connect Plus + offers an All-in-One Virtual Office
• Control distribution of Marketing & Message
• Need operational efficiency to scale a business
• Traditional Non-Profits not always run like a business, good on raising $, need more structure

Guest: Stacey Yudin

Website: https://www.nepservices.com/

Connect Plus - https://www.nepservices.com/products/connect-plus

CEO Stacey Yudin, CEO of NEP Services is leading a new era of digital transformation for nonprofits and was recently named Fast Company's 8th Most Innovative Company of 2024 …in the company of Amazon and other global leaders.

NEP Services provides innovative communications solutions for nonprofit organizations including an array of markets such as unions, education, essential services, regional non-profits and even Cal Fires. Its proprietary Connect Plus+ communications platform is an all-in-one solution for seamless community management, communication and empowerment. So, think of it as one part Go Fund Me and one part Facebook and one HUGE give back to the community.

To date, the company has helped its clients raise $65M to give to the community and $7M for its "Help a Hero" crowdfunding platform that raises money for community heroes in need.

Stacey Yudin is chief executive officer of NEP Services and a champion of change. As a tech trailblazer, Stacey is known for her unstoppable drive and creating transformative technology to advance unions and non-profit communities securely. Stacey spearheaded the launch of NEP Connect and Connect Plus+ mobile app, NEP's proprietary employee management and empowerment solution, and has been instrumental in creating a world-class team that celebrates gender diversity and female empowerment.

In fact, under her leadership the company was named aFast Company Most Innovative Company in 2024. Prior to NEP Services, Stacey was in the healthcare sector as well as a consumer products entrepreneur. She actively supports numerous charities and served as Collegiate President for Face Aids and UNICEF at UCLA and is an active speaker at events. Stacey earned her bachelor's degree in Science, History and Public Health from the University of California, Los Angeles.

Industries - Law Enforcement, Fire, Non-Profit Business, Education Departments

Platform – Fundraising, Recruitment, Marketing, Community, Communication, Web Dev't

Notes:

Seg 2

NEP services is a software company. They are an all in one hub for remote work. They can help you handle communication, data, and software interface. Helping you to run an organization remotely. They have added features so you can keep in contact with members and donors.

The hybrid workspace is here to stay. It's not uncommon that you have remote staff that's in multiple states that needs to share data or have online meetings.

Traditional nonprofits have had issues in the past because they don't run like a business. You need to run your organization like any normal business, working on cash flow and managing a staff. With remote workers it's harder to manage data, documents, and the Calendar. You need the right software so you can schedule events meetings meet ups. NEP Services is an Omni channel, all in one.

Control distribution of your marketing and messaging. You also want to do your best to have engagement with members and donors. You build your brand internally to members and employees. Then you have your public brand for customers and donors.

How to manage a software platform? Do you want to consult with clients, communicate with members and survey how it is working. What is helping and what is not helping?

Then you do need to measure your feedback with data. Analyze the data to see what analytics matter. You make part of the decision with data. You can segment your Execs and VIP donors in different groups. You chat with them and get feedback. See about the delivery, the open rate, click through rates, check who filled out a survey.

Seg 3

NEP services was founded in 1997 by Drew H. He was building a CRM for nonprofits to help with fundraising, Geo sensing and heat mapping. Build programs to bring in dollars.

Staci joined 10 years ago. Initially, she was working in day-to-day ops of the nonprofit. Had to build the internal ops and make it more of a community focused organization.

Still needs to be a business, with business structure. You have to grow operational efficiency, which is the key to scaling and growing a business.

There are plenty of marketing and fundraising tools and software in the marketplace. But there are a few tools to help actually manage the business. Building a good operation you have to listen and build backwards. Ask the question, what features are needed?

Communicate with members, as part of any nonprofit. Normal business, like collecting dues, invoicing, storage of documents. Also want to work with third-party tools to integrate with software you use. Cost benefit analysis for the software that have the API's for connect with third-party tools and ease of use for small business.

NEP services provides an easy on ramp to engage with your audience and build a brand.

All companies are technology companies now. You need to have IT involved in your business and know how to use technology.

UX features which are accessible and easy to do to non-tech type people. Drag and drop features to make it easy. Reduce the technology required, and encourage that step into the future. Making it easy, and non-threatening for non-tech people to adopt.

If a current nonprofit has 50 K members, that's a huge data set. If you add onto that another 50 K donor list, it's lots of data. Some handholding may be needed as there could be hesitation moving from an old system to a new system like NEP. The tech revolution is here and businesses need to adapt to survive.

It's always a challenge by tech companies that they need to listen more and help customers. Customer service part needs to be better. NEP services answers the phone you'll always talk with people in customer service.

Seg 4

Staci's on the road often meeting with customers.

Emotional challenge of older businesses to adopt new technology.

Room for improvement with the customer service model in Big tech.

Often there is little onboarding support with software companies. NEP services is proud of their 97% retention rate. They have a listening culture and are customer obsessed.

Most businesses have different audience demos that they need to put messages in front of. This could be 3 to 4. How do you reach your core audience?

For example, audience demos can change. Members of unions are actually getting younger. They need a different message than the past. Work on your current systems to upgrade. NEP services offers communication with Connect Plus. Can buy in pieces and adopt slower.

People adopting technology need to be honest about where they're at and where their brand is. Determine what tools are needed in the next 5 years. Typically it's a 1 to 2 month transition with the Connect Plus and NEP products.

You have to organize your data sets, your member list, and your donor list. Good data in, equals good results. Opposite is true if you put bad data in. Customer support with a SaaS platform

Seg. 1 – talking Tech Adoption with clips from:

Crossing the Chasm & Tech Adoption Revisited w/ Geoffrey Moore

AZ TRT S05 EP11 (226) 3-17-2024

Things We Learned This Week

• Crossing the Chasm book (1990) has become part of the lexicon for Tech Industry knowledge, mass influence on Tech CEOs last 25 years, constant references

• Chasm – early market vs. mainstream market

• 5 Stages of Adoption – Innovators, Early Adopters, Early Market Pragmatists, Late Majority, Laggards

• Win tech 'primaries', win some 'beachheads' & create whole niche market – get mainstream market to create momentum to the point everyone wants the product

• Legacy Co's fail to make tech turn, because they lose money in short term shifting to new disruptive tech away from mature industry that brings in bulk of profits $

Guest: Geoffrey Moore

http://www.geoffreyamoore.com/

Full Show: HERE

Biotech Shows: https://brt-show.libsyn.com/category/Biotech-Life+Sciences-Science

AZ Tech Council Shows:

https://brt-show.libsyn.com/size/5/?search=az+tech+council

*Includes Best of AZ Tech Council show from 2/12/2023

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Tech Stocks in the NASDAQ Continue to Show Growth despite Inflation

AZ TRT S05 EP28 (244) 7-21-2024

What We Learned This Week:

· Tech Stocks are considered Growth Stocks because they outpace the market traditionally

· NASDAQ average return the last 10 years is 20%, and up 599% overall

· Magnificent 7 Tech Stocks have continued to carry the market, just like FAANG Stocks a few years back

· Tech Stocks are negatively impacted by rising interest rates + inflation historically, but have been quite resilient since late 2023

Notes:

NASDAQ has been very resilient since late 2023

NASDAQ 10 year average return is 20%, and overall up 599% in last 10 years

Magnificent 7 stocks still carrying both the S&P and QQQ Index

Tech Stocks are Growth stocks that outpace the market

Vix – Volatility Index near 15, vs. high volatility of Covid at 25 to 30

Interest rates and Inflation hurt Tech Stocks earnings historically

Less money for investment in R&D, less growth cost more to borrow money, VC invest less

Average consumer also may not buy the latest tech device, and profits are down

Related Shows on Tech Stocks:

Magnificent 7 & Tech Stocks – Wealth for Life

AZ TRT S05 EP03 (218) 1-21-2024

What We Learned This Week:

• Magnificent 7 - new hottest tech stocks all should own: FB, APPL, AMZN, NVDA, TSLA, MSFT, GOOG
• FAANG Stocks - *past hot list: FB, Apple, Amazon, Netflix & Google
• Top Tech Stocks were 30% of the S&P Index Weighted Average
• Tech Stocks - AI, Cloud, Chips
• Zombie Co's - too much debt service, no growth
• Interest Rates - how this affects stock prices

Full Show: HERE

How Big Tech Co's Make Money - Magnificent 7 - MSFT, FB, NVDA, Apple, Google, Amzn, Tesla

AZ TRT S05 EP19 (234) 5-12-2024

What We Learned This Week:

• Tech Stocks - 7 Big Market Cap Stocks make up 29% of S&P
• Google, Microsoft & Amazon are biggest Co's in Cloud Service
• Tesla is the biggest EV Car Co,, & Apple biggest in Smart Phones
• Nvidia is the AI Superchip tech company
• Google & Meta / FB are the biggest advertising co's in the world

Full Show: HERE

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

AI Assisted Healthcare Can Help Patients & Reduce Costs by AdviNow w/ James Bates

AZ TRT S05 EP27 (243) 7-14-2024

What We Learned This Week:

• AI Assisted Healthcare by AdviNOW - the future is now
• Goal is to reduce costs, help patients, streamline paperwork, & give the Dr more time to treat patients
• Software, AI, Coding = Tech Healthcare
• Healthcare industry is slow to change to adopt new systems for billing & paperwork
• Change the Healthcare industry with adoption by Big Providers

Guest: James Bates, CEO AdviNow Medical

AdviNow Medical, Inc.

James Bates is an accomplished CEO, entrepreneur, and board member who has created and led high-growth results for several technology companies. Presently, Bates is CEO and Founder of AdviNow Medical, the world's first Artificial Intelligence and Augmented Reality driven patient journey platform that nearly eliminates the administrative burden of physicians and reduces the cost of healthcare by 65%.

James conceptualized the idea, wrote the fundamental patents, raised the capital, recruited the team, and launched the company. Previously, James was an officer at Freescale / NXP responsible for the ~$1 billion revenues Analog and Sensor Group the world leader in self driving vehicle technologies. Earlier in his career, James founded the Asia Pacific region for Silicon Labs where he was responsible for driving growth that eclipsed $500M in just 3 short years.

James serves on multiple boards and advisory boards. Among them is Position Universal a market leader in fleet tracking hardware and software systems where James serves as a fiduciary board member. OptionAgent.ai is a market leading volatility predicting AI that automatically trading hedge fund that delivers above market returns where he is a general partner. James also serves on the advisory board for Arizona State Universities College of Nursing and Health Innovation.

James earned his Master of Science degree in Electrical Engineering, from Brigham Young University. He is fluent in Japanese, lived in Tokyo for twelve years, holds nine patents, has written for publications and been a speaker at many conferences. He resides in the Paradise Valley, Arizona, and enjoys family, sports, and particularly hiking.

Company - https://advinow.com/

Augmented Reality and AI – Software for patient experience

Central AI Assistant Helps Before, During, and After the Visit

A single vendor to collect, transform, and action all encounter data with the power of AI.

We are on a mission to make healthcare accessible and affordable to all by eliminating clerical burden throughout the entire patient encounter

Patient Intake – for healthcare, hospitals, urgent care, Dr office triage, etc

• Founded in 2016 to revolutionize healthcare through automation and artificial intelligence (AI), bringing top-tier technology and process design to patient engagement and provider consultation.
• Our mission is to enable providers to deliver the best on-demand experience while accelerating operations, and are focused on urgent care – an industry that does the same thing millions of times over, and arguably not very efficiently.
• AdviNOW started in fully automated retail clinics with a medical assistant and remote providers, and built the platform as a digital-first in-person or virtual care that eliminated any steps that AI could augment; however, the "digital front door" is the true problem to solve first.
• Expanded to a suite of products that work closely together, or work fine as standalone modules – both patient facing white-label solutions and care team-facing.
• Headquartered in Scottsdale, AZ, and part of the Mayo Clinic Innovation Exchange incubator.

Notes:

Seg 1

Healthcare cost are too high. There are opportunities to reduce cost using technology and software, as much as 50%.

Why are the cost so expensive? There's a large burden on the healthcare system with cost, and this problem has been going on for 30 years.Go back to 1990 and clerical work was 20% of a doctors job. Now it is 70% of their time. This is a massive burden and cost on healthcare overall.

Talking efficiency, the number one way to reduce cost is to reduce the administrative burden and let the doctor get back to working with patients. To help patient stay healthy longer you need to document, what is going on with their health. Currently the doctor has to collect the data.

There is much Admin bureaucracy with the coding for billing, and tracking for insurance companies. To pay the health bills, lots of admin paperwork and over 100,000 billing codes.

Where is the money being spent? Insurance companies only want to pay certain codes. Healthcare industry has been slow to adopt technology.

It is a simple problem that can be solved with a digital front door. Doctor offices do not communicate with each other. Systems like EMR or electronic medical records, are large databases with patients information.

AI could be the solution. AdviNow has AI software to collect the admin data for patients. Keep health records up-to-date with current health literature, treatments, and outcomes.

Easier to know the patient history, what labs they need, what imaging they need to get, sometimes even before they meet with the doctor.

Then the doctor would do the consultation with the patient and confirm the data. Doctors can then suggest a treatment plan, and also use the AI software for recommendations. Can also do auto coding and notes for the medical records.

Seg 2

James Bates is the soul founder of AdviNow. In the past, he ran a technology company on self driving cars. The business was sold.

In 2016 James was looking into healthcare companies to acquire. As he reviewed the financials, he learned that the profit margins are very thin in healthcare.

He reviewed a number of urgent care centers for a business contact. He did time studies and cost analysis. Measure how long parts of the business took to take care of and where the physician spent their time.

Overall, the physician was 70% of the cost of the urgent care, but spent 60% of their time doing clerical activities. Very inefficient.

AdviNow was created with the mission to use AI to streamline the healthcare industry. Doctor sees 2 to 3 patients in a day, and could theoretically see a lot more.AdviNow is an AI assistant. Doctor should analyze and document data, but not collect it. Lots of clerical work, needs to be streamlined.

Understanding AI and how ChatGPT was built. Read the whole Internet and did a word count to remember all pages in the Internet and associate with words and data.

AdviNowis an AI software program created different. Learns by natural language, interpret words and sentences from medical text and papers. Determine the relationship between medical literature. what are the relationships between words. They also hired a team of physicians to add an human element to the software.

AdviNow right code, no prompt and this was created pre-ChatGPT. It is generative AI that was also trained on peer review literature.Use the AI assistant to ask questions to the patient. It is not the AI that asks the questions.

Seg 3

Patient journey starts from home.

Scenario 1

Analyze the different scenarios. Does the patient need to go to urgent care or doctor? If the patient needs to go to a doctor schedule an appointment and AI asks questions and does diagnosis at home to determine the severity.

It's a triage at home. what labs or imaging might be needed pre-doctor appointment.

Then the doctor visit the patient is already available to the doctor. The doctor has all the info on visit one.

AI would default to ER if emergency or patient does not like the AI process or needs to call 911.

Scenario 2

Not urgent or upcoming visit could cut down long waits at ER. See a doctor at less cost and more efficient.

Insurance companies benefit from the system and can increase premiums prior to cost rising. US government cannot keep cost from going up. You're dealing with things like population health, demographics and different risk factors.

There's a fixed amount of money to treat patients and then the doctors office keeps the difference. Data and healthcare system to keep patients healthy vs sick.

All the healthcare industry could benefit from AdviNow. Lower cost overall, and the process would be faster.Communication of patient records in the system, as doctor and specialist sometimes are in the same healthcare group and system.

For example, United healthcare wants to tell you what specialist to go to and may be the cheapest vs Banner health may want you to send you to the most expensive. The system is not even how the healthcare companies work their process.

Seg 4

Future of AdviNow if all healthcare used it, it would cost cut costs and make healthcare free per James.

People like the old system, but could use AI to automate the process. This would get us back to the doctor and patient relationship improving while cost and administration go down.

Healthcare is slow to adopt tech. Payers and healthcare demand efficiency. Cost and efficiency can be different.

Question is if you have to invest and spend money to make money. Mayo clinic is currently an incubator with AdviNow working on a fall automation platform.

HCA or Dignity Health are large companies that are losing billions $ a year. Need to invest now and tech and save money in the long term.

Federal government could mandate doctors offices to adopt the tech. You don't lose jobs in the short term, over the long term you certainly could lose some admin positions.

Hospitals do not make money. Adoption of tech and software by large healthcare companies is a long-term solution. Not all companies are AI scribe.

What is the ROI of the investment?

AI does coding. Dr. sees more patients. Patient see Dr. faster. There is a better outcomes and the doctors office gets paid sooner.

Biotech Shows: https://brt-show.libsyn.com/category/Biotech-Life+Sciences-Science

AZ Tech Council Shows:

https://brt-show.libsyn.com/size/5/?search=az+tech+council

*Includes Best of AZ Tech Council show from 2/12/2023

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade Revisited

AZ TRT S05 EP26 (242) 7-7-2024

Things We Learned This Week

· Implied Volatility & Time Decay – options begins with volatility, on a clock so Mechanics (forget mind set) on how to setup a trade is key

· tastytrade is a media network based on Math (Probability & Statistics - Look at the Math), trading & focus on markets

· Limited Profitability & Unlimited Risk when you Sell Puts w/ 80% chance of success - Be a Seller of Options – let Market beat you, slight edge

· Trade Small, Trade Often - Law of Large Numbers w/ 45 DTE Strike Price of 1 SD – Exit or Roll at 21 DTE

· Options Trading Teaches Life Lessons – Important to: take risks, learn to take risks, make quick decisions, be decisive about those decisions.

Guests: Tom Sosnoff of tastytrade

https://www.tastytrade.com/

https://twitter.com/tastytrade

Tom Sosnoff, founder and co-CEO of tastytrade

Tom Sosnoff is an online brokerage innovator and financial educator. Tom is a serial entrepreneur who co-founded thinkorswim in 1999, tastytrade in 2011, tastyworks in 2017, helped to launch the award- winning Luckbox Magazine in 2019, and in 2020 he created the first new futures exchange in 20 years, The Small Exchange. Leveraging over 20 years of experience as a CBOE market maker, Tom is driven by the passion to educate self-directed investors. A true visionary, after his years on the floor he saw the need to build and design superior software platforms and brokerage firms that specialized in complex financial strategies. His efforts ultimately changed the way options and futures are traded and how digital financial media is produced and consumed. Currently, Tom hosts tastytrade LIVE and continues to drive innovation and know-how for the do-it-yourself investor.

Tom has been named to Techweek's Tech 100 list, Crain's Chicago's Tech 50, and has spoken at over 500 events across the globe. Tom received the Ernst & Young Entrepreneur of the Year Award and was been featured by prominent publications such as WSJ, IBD, Chicago Tribune, Crain's Chicago, Traders Magazine, and Barron's.

---

About tastytrade, Inc.

tastytrade is one of the most-watched online financial networks, engaging investors and traders across 165 countries with daily, live, cost-free and commercial-free programming with over 100 million hours viewed. tastytrade offers over 50 original segments for all levels of traders. tastytrade's data-driven research-based content teaches a logical, mechanical approach to investing and identifying opportunities based on probability and volatility. Investors are continually challenged with financial math, humor, and new market perspectives.

tastytrade and its companies focus on empowering the individual investor through content, technology, and know-how.

tastytrade is the parent company to several innovative financial companies.

tastyworks, a brokerage firm creating and leading a financial revolution for the do-it-yourself investor

Notes:

Bio – options trading in 1980s, CBOE market maker, then built 2 co's

tastytrade & tastyworks (broker platform), history c 2011 – media platform sold 2021, $1 billion bought by IG Group 2021, Tom stayed on, runs tastytrade.

TD Ameritrade, and 2012 purchase of Think or Swim (was IPO, public)

Partners – Tony Battista, Kristi Ross, Scott Sheridan

Think or Swim – started in 2001 w/ 7 people and 5 still with Tom.

10 years, went public, purchased by TD in 2009, $1 billion stayed 2 years, then started tastytrade with TD CEO as investor.

Think or Swim – learned as they went, education, content.

Finance is missing good content, does not understand financial media and technical analysis.

Efficient Market Theorist & efficient market pricing

Media Network all math – quantitative and statistical logic.

tastytrade 10 hours a day – live content.

Focus on markets, math related and trading. Morning radio show about people working to make money, having fun, talks trading and Financial Mechanics

Tony Battista, Tom Preston, are some of the 30 personalities total on-air.

Talking math a lot, but Tom just ok at math.

Jacob Perlman – math genius, Phd. tastytrade research team

Audience is smart, challenge them don't dumb it down.

Capital Efficiency - Derivative (Options) Markets very efficient.

Buffet Options Strategy – selling Puts, profit of $ billions, rarely discussed

Markets are 50/50, generally.

S/T markets are emotional, can be over bought or oversold, but Tom trusts prices over L/T. No one knows direction of market and where price is going on stocks and market direction , 50/50 is a guess. Market is random with side of emotion, not a perfect distribution curve.

Positive drift in market, market goes up over Long Term L/T

More deviations vs. a model.

Does not believe in traditional investor education

Empower power with lots of info, not teaching people

Content marketing in house, media to masses

Stocks can go down, have to experience it

Fear size (of a trade) - one thing Tom fears is size, bet big and wrong, large failure

When Genius Failed (a book) - trades too big (leverage), collapsed the company

Law of large numbers – do something enough times, end up with expectation.

Trade a lot with 70 - 80% probability outcome.

Learn options by doing options

Casino games have negative edge – can't win, can never get ahead. Just for fun.

Options trading teaches life lessons – Important to: take risks, learn to take risks, make quick decisions, be decisive about those decisions.

Take risks to do something special

Brain processing, faster than competition

Working hard not enough

Make a lot of decisions, learn to take risk and increase brain processing speed.

Manage risk in life, finance and work probabilities, hard to predict things

Day 1 in Options – Mechanics most important thing to understand

Mindset is BS, no emotional side to trading, no mindset to math.

Mindset just a sales tool, that Financial world sells.

Mechanics has strategy within it. Cannot manage positions or risk post trade.

Need mechanics to set up trade right.

Traders could be nice or mean, but all good ones make fast decisions before you even heard question.

Trade plan – if goes this way, I will do this.

Options – learn by doing; learn mechanics by doing a little at a time.

Volatility – majority starts and ends with volatility with few exceptions.

Implied volatility & Time Decay – always on a clock, option will expire

Stock Trader - out wait your enemy, patience. Trader plays short volatility game.

Enter trade – implied volatility rank is high

Trade favorable, expected volatility move is high.

Rank relative to itself, it's inflated and has potential to contract.

Volatility is a math equation and will mean revert.

Price is not a math equation, does not need to revert to some number or average.

Tom would rather be a seller of options vs a seller, small advantage, likelihood of contraction after expansion.

Fear has expanded, better chance to contract vs expand more.

Analogy: own stock, own the asset. Sell options, collecting income (rent) on the assets. Sell covered calls, or out of the money put.

Put – limited upside, unlimited downside, but 70% chance of profit.

Put up $200 for $100 profit with 70% chance

Put up $1000 for unlimited profit with 50/50 chance

Have a choice – think through probabilities and bank roll.

No math equation can tell you the right answers for sure.

Tom back tests – selling out of money puts of S&P index out performs buying index with dividends, Use less capital, lower volatility in your P&L, make more money.

More conservative strategy

Trade more, and small with higher percentage of success.

45 day position – DTE Days to Expiration. 21 day DTE is exit day per Tom, exit early after 24 days.

Adjust, roll or close position. Increase probability to be profitable. Reduce outlier risk almost to 0.

tastytrade spent millions on research

Manage trades and exit early is mechanics, can always exit at 21 DTE

45 day position, 24 days in (21 DTE), make a decision – adjust, roll, close, extend contract (add duration) –roll

Start new position 45DTE, buy more time at 21 DTE, move it no matter what work to be close to 50% at 21 DTE

Casino Analogy – bet $100, won $50, take money and end bet.

tastytrade content goal is: create methodology and strategies to have positive environment for self directed investor, requires time and resources.

Learning curve faster now, can learn in a few months or a few years.

6-10 strategies Tom likes, short strangle – simultaneous sale of a call and a put.

No tech analysis or charts, just watch screen.

Price Action / Liquidity – trading hundreds of millions per day.

Very liquid assets, very liquid underlyings (ir – Apple, Tesla, Indexes) does not trade non-liquid (microcap)

Tom could do 60 trades a day (had 14K trades in 2021) On day of interview, did 110 trades. Self described "Trading Junkie"

Account size in tastytrade - $25K average . Reserves – 50%, $12.5K in reserve.

1-3% of account size on a particular trade ($250 per trade), 5% on high and 1/5 size of a stock. Tom does not believe in option levels of industry.

No noise, no CNBC or Bloomberg news. No (zero) belief in newsletters or trading bots, trading education is over rated. All tastytrade content is free, videos, newsletter, etc.

Trade fees are low, $1 per, Tom does factor fees or taxes.

Most options income is ordinary income - 1256 B tax – max of 25%. L/T 40%, S/T 60%

Stocks are usually capital gains (20%) in taxes

Trades – 80% of business in under-lyings (standard big stocks / indexes)

1 STD – 16% of getting to that level, 2 STD - 5%, 3 STD – 1%

1 STD is Delta, Tom likes 16 – 22%

Greeks – know Delta & Theta (can also learn Gamma, Vega)

Directional Risk – rate of decline or time decay – Theta

Change in price of option vs. stock – Delta, premium making or losing daily.

Per Tom – need to trade more. Trade small, trade often. Counter thinking to stock trading of buy & hold. Per Tom, stock trader can evolve to an options trader with 1 downturn in market.

Buy & Hold stock investor (passive) is a 'knuckle dragger', does not have the appreciation for capital efficiency - Stock investor 'just hasn't evolved yet' – gotten to next level.

Casino Games analogy – enter a casino, we have all these games, but you can just play the slots (buy stocks)

Grow and realize capital efficiency of options indifferent to products and strategy.

Tom owns stocks but trades options, crypto, stocks

Facilitate opportunity. No limits, no fences.

House Analogy - big meter in front of house, with home price & appreciation shown daily on the side of the house, no one would own a home.

We don't teach our kids to be passive, follow crowd and not think – don't be passive with your money.

Financial service firms and media convinced masses 'buy & hold' and we'll handle the rest - Don't be 'only passive'

Future of investing is more than check a few boxes.

Differences in asset classes

Final takeaway – life is short and goes by fast. Get comfortable taking risks and experiencing risks. Good Luck to Tom with his 500 trades this week.

Clips from:

Options vs Stocks & Trading vs Investing w Tom Sosnoff of tastytrade

- BRT S03 EP14 (113) 4-3-2022

Full Show: HERE

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Composting Helps the Environment, The Palm Bin w/ Manali Yavatkar

AZ TRT S05 EP26 (241) 6-30-2024

What We Learned This Week:

· Composting is good for the environment, providing nutrients for soil.

· The daily process of collecting your food waste for composting is difficult, messy, & stinky.

· Palm Bin is a refrigerated composting appliance that makes the process easy, & looks nice on your counter.

· Long-term the composting process can be as simple as putting out your trash or recycling

Guest: Manali Yavatkar

Website: https://presale.palmlabs.co/

California conscious entrepreneur Manali Yavatkar is leading a new Gold Rush with Palm Bin . A smart appliance for compost collection, Palm Bin preps food waste for nutrient rich "Black Gold compost." It easily prepares the food waste for residential city curbside collections, recycling centers and private community compost groups.

This breakthrough appliance was created to target the 93,200,000,000 pounds of food waste that are sent to landfills from our homes each year, where it produces 20 billion pounds of methane.

A Greener Bin from Initial Design to Purpose

Palm Bin allows users to collect food scraps for composting without the smell and mess, while maintaining the moisture and microbes in food. Its innovative cooling tech uses thermoelectric semiconductors to keep food scraps cold and stop the growth of odor-causing bacteria.

Ultimately, Palm Bin eliminates those nuisances associated with food waste recycling including:

• Odor and mess
• Fruit flies and other pests
• Need for frequent cleaning
• High energy usage required to grind and dehydrate food scraps

Notes:

Seg 1

Food waste is common problem. Where does it go? It's delivered to a landfill which is very compact. The breakdown of the food waste makes methane. This enhances the climate change problem.

Composting breaks down food, and you divert the waste from a landfill to use in soil. There's a potential issue where we could run out of potting soil in the next decade plus.

Compost can be an additive to potting soil. It adds nutrients and helps reduce erosion. It also helps keep water in the soil, so then you could use less water for plants.

It is common to see curbside compost collection, especially on the west coast. Just like recycle or trash pick up, a separate green bin is provided by the city to pick up once a week

Currently when people are doing composting, they put their food in a separate bin which sits at room temperature. It stays warm and then you grow fruit flies. It also does not smell good.

Palm Bin is a composting appliance product, which sits on your countertop. It looks good plus holds all organics. It keeps them cool and comes with a liner for the bin. Easy to clean and maintain.

Composting process is a weekly pick up and is taken to a facility to be composted at scale. They create massive piles of food, waste and brown matter. Food waste creates nitrogen. You're looking to use the brown matter for the carbon part, this could be sawdust, cardboard, or leaves.

You also need 40 to 60% moisture so microbes break down the compost. Heated up during the process and it takes about 2 weeks. You also need venting for oxygen air rating.

Seg 2

Manali Bio: she's from Portland, Oregon, and a Columbia grad in biomedical engineering. She studied equipment and products. Out of college she became a data scientist for a healthcare startup.

When she was a San Francisco resident, she was first introduced to composting. It was a messy smelly process, so she was looking for a solution and could not find one.

Typically people kept their food waste in the fridge, which is not a great plan. Manali built a prototype and tested it with lots of stinky food like fish

Palm Bin is very well designed, and easy to empty. Has a removable caddy. The interior holds the liner and the caddy. You just carry the caddy to an outside bin. You can clean in a dishwasher. Has removable parts like the lid, to be easy to clean.

There are two groups of people trying composting. It's either too smelly and a bad experience, or they have not tried it yet because they assume the process is a pain.

Palm Bin interviewed 80 customers to check the user experience, to confirm it is easy. Is just as easy as putting trash in a bin

Cost is $249, like a high-end appliance. They have a good repair program and sustainable parts.

Company set up as a team of five, with Manali as the only full-time employee.

Currently, it's a direct to consumer product sold online. Down the road they could go into retail. Other options to work with commercial customers like apartment buildings who have ESG goals, and want to get rid of food waste and do composting.

Looking for customers who have a personal experience with the problem and are more prone to want to do composting and work with the environment.

Seg 3

Website: Presale.palmbin.co

They created a prototype in 2023, and have been testing the product in 2024. They did a kickstarter platform. This is good because customers are first to use and test it. April 2024 the kick starter goal was funded.

They do pre-orders prior to manufacturer, raising funds.

Then you do the manufacturer part where you have to design the product for tooling and prototypes. This is done in the USA, and is quicker with shipping.

They're using sustainable materials and making a high-end product. Expected delivery for the kickstarter customers is December 2024.

Currently with kickstarter they're still doing a late raise of funding so people can still order.

They're also raising funds through friends, family, and some investors. Expectation to move on to Angel Investors, Family Offices and micro venture capital or VC interested in consumer hardware.

Palm Bin is building products that help you waste less. Their goal is to reduce waste.

When you consume anything, that equals waste. You have products in a lifestyle that track your waste so you can do diversion and lower your waist.

You can't know the numbers if you don't measure what you're doing. Palm Bin is a Linked product IOT with an app. It sends data to the cloud to measure waste.

Biotech Shows: https://brt-show.libsyn.com/category/Biotech-Life+Sciences-Science

AZ Tech Council Shows:

https://brt-show.libsyn.com/size/5/?search=az+tech+council

*Includes Best of AZ Tech Council show from 2/12/2023

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech: https://brt-show.libsyn.com/size/5/?search=best+of+tech

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Space & Satellite Business

Tourism, Communications, & Rockets

AZ TRT S05 EP25 (240) 6-23-2024

What We Learned This Week:

· Business Model of Space is expanding, from Satellite delivery, to rockets, to space tourism, to future colonies on the Moon & Mars.

· Satellite Communication and technology industries, expanding by the day

· Long-term, both cell phones and Internet may be delivered worldwide via satellite

· Space Aviation companies improving Rocket technology to put more satellites in the orbit at a lower cost

Notes:

Seg. 1

Rocket Lab Bio

https://www.marketwatch.com/investing/stock/rklb

https://www.rocketlabusa.com/updates/rocket-lab-usa-poised-to-change-the-space-industry/

US Aerospace company Rocket Lab is developing a world-first launch vehicle to deliver satellites into orbit cheaper and faster than ever before.

Rocket Lab announced today its plan to revolutionize the global space industry with the creation of Electron, a lightweight, cost-effective rocket, making it easier for companies to launch small satellites into orbit.

Rocket Lab is building the world's first carbon-composite launch vehicle at its Auckland, New Zealand facility. The development of Electron will reduce the price of delivering a satellite into orbit. At a cost of less than $5 million dollars, this represents a drastic cost reduction compared to existing dedicated launch services[1].

The lead-time for businesses to launch a satellite will also be reduced from years[2] down to weeks through vertical integration with Rocket Lab's private launch facility. Rocket Lab has already garnered strong commercial demand with commitments for its first 30 launches.

Rocket Lab's principal funder is top-tier Silicon Valley venture firm, Khosla Ventures, which has a long track record of backing breakthrough technologies that revolutionize industries.

Vinod Khosla, founder of Khosla Ventures, says it is exciting to see to the technology and innovation coming out of Rocket Lab.

"We are thrilled to be investing in the next chapter of Rocket Lab's development as they drive down the cost of launch vehicles to provide greater access to space," said Mr. Khosla.

"The company's technical innovations will truly transform the space industry."

About Rocket Lab

Rocket Lab is an aerospace company founded in 2006 by New Zealander, Peter Beck. The company is focused on delivering innovative, high quality technologies to the space industry.

Rocket Lab was created to cater to the growing requirement within the international market for fast, low cost methods of delivering payloads to space. Since inception, the company has successfully developed a number of leading rocket-based systems, from sounding rockets through to new advanced propulsion technologies.

Rocket Lab is an American company with a subsidiary and head office in Auckland, New Zealand.

Rocket Lab was the first private company to reach space in the southern hemisphere in 2009 with its Atea 1 suborbital sounding rocket. Following this success the company won contracts with aerospace giants Lockheed Martin, DARPA and Aeroject Rocket-dyne.

Who are rocket Labs' competitors?

The main competitors of Rocket Lab USA include AST SpaceMobile (ASTS), Hub Group (HUBG), Walker & Dunlop (WD), Matterport (MTTR), Joby Aviation (JOBY), Air Transport Services Group (ATSG), ChargePoint (CHPT), Forward Air (FWRD), Park-Ohio (PKOH), and United Parcel Service (UPS)

Market Cap: Rocket Lab $2.2B vs. Hub Group $2.7B

SapceX

https://en.wikipedia.org/wiki/SpaceX

Space Exploration Technologies Corporation, commonly referred to as SpaceX, is an American spacecraft manufacturer, launch service provider and satellite communications company headquartered in Hawthorne, California. The company was founded in 2002 by Elon Musk with the goal of reducing space transportation costs and ultimately developing a sustainable colony on Mars. The company currently produces and operates the Falcon 9 and Falcon Heavy rockets along with the Dragon and Starship spacecraft.

The company offers internet service via its Starlink subsidiary, which became the largest-ever satellite constellation in January 2020 and, as of April 2024, comprised more than 6,000 small satellites in orbit.[8]

https://medium.com/how-do-they-make-money/how-does-spacex-make-money

How does SpaceX make money?

SpaceX is an American aerospace manufacturer and space transport services company founded in 2002 by Elon Musk. The company's mission is to revolutionize space transportation and eventually enable the colonization of Mars.

One of the primary ways that SpaceX makes money is through contracts with government agencies and commercial customers for launches of its Falcon 9 and Falcon Heavy rockets. SpaceX has a backlog of over 100 launches, with contracts from both government and commercial customers. The company's contracts with government agencies, such as NASA, have been particularly lucrative, with SpaceX receiving billions of dollars in funding to develop and launch rockets for various missions.

In addition to launch services, SpaceX also makes money through the production and sale of satellite hardware. The company manufactures a range of satellite products, including the Starlink satellite constellation, which is designed to provide high-speed internet to remote and underserved areas around the world. The Starlink constellation currently consists of over 1,000 satellites, with plans to eventually have over 12,000 in orbit. SpaceX generates revenue from the sale of hardware and services to customers that use the Starlink system.

Another way that SpaceX makes money is through research and development contracts. The company has received funding from the government and private organizations to develop new technologies, such as its Raptor rocket engine and its Starship spacecraft. These contracts provide SpaceX with a steady stream of revenue and help the company advance its goals of developing reusable rockets and enabling human spaceflight.

SpaceX also generates revenue from its launch facilities and other assets. The company operates launch sites at the Kennedy Space Center in Florida and at Vandenberg Air Force Base in California, as well as a facility in Texas where it tests its rocket engines. SpaceX also owns a number of other assets, including a fleet of cargo ships and recovery vessels that it uses to support its launches and recover rocket boosters.

https://en.wikipedia.org/wiki/Blue_Origin

Blue Origin Enterprises, L.P.,[2] commonly referred to as Blue Origin[3] is an American aerospace manufacturer, government contractor, launch service provider,[4][5] and space technologies[6] company headquartered in Kent, Washington, United States. The company makes rocket engines for United Launch Alliance (ULA)'s Vulcan rocket and manufactures their own rockets, spacecraft, satellites,[7] and heavy-lift launch vehicles. The company is the second provider of lunar lander services for NASA's Artemis program and was awarded a $3.4 billion contract.[8] The four rocket engines the company has in production are the BE-3U, BE-3PM, BE-4 and the BE-7.[9]

The organization was awarded the Robert J. Collier Trophy in 2016 for demonstrating rocket booster reusability with their New Shepard Rocket Program.[10] The award is administered by the U.S. National Aeronautic Association (NAA) and is presented to those who have made "the greatest achievement in aeronautics or astronautics in America, with respect to improving the performance, efficiency, and safety of air or space vehicles, the value of which has been thoroughly demonstrated by actual use during the preceding year."[11]

https://www.strategyzer.com/library/space-as-a-business-model-arena

Industry forces

Here we can analyze our supply chain — the ISS. Not only will other governments be able to take a ride, but anyone with the budget and a business plan, could launch a business from the ISS. Other considerations: Competitors: Governmental Organizations such as NASA, ESA, and more than 9 countries have orbital launch capabilities. New Entrants: Private Companies such as SpaceX, Blue Origin, Virgin Galactic, Bigelow Aerospace, Stratolaunch, Rocket Lab, and Planetary Resources to name a few. Supply Chain: NASA recently announced that the International Space Station will be open for commercial business for an approximate cost of $52M. Starting in 2020, Astro-preneurs with deep pockets can use the ISS for off-earth manufacturing, research or tourism.

https://www.relativityspace.com/

A rocket company at the core, Relativity Space is on a mission to become the next great commercial launch company. With an ever-growing need for space infrastructure, demand for launch services is continuously outpacing supply. Our reusable rockets can meet this demand, offering customers the right size payload capacity at the right cost. Using an iterative development approach, we are strategically focused on reducing vehicle complexity, cost, and time to market. Our patented technologies enable innovative designs once thought impossible and unlock new value propositions in the booming space economy.

Seg. 2

Space Tourism

https://apnews.com/article/virgin-galactic-tourist-spaceflight-branson-4c0904e4f222bd1aa4194c1a43777dd2

August 10, 2023

TRUTH OR CONSEQUENCES, N.M. (AP) — Virgin Galactic rocketed to the edge of space with its first tourists Thursday, a former British Olympian who bought his ticket 18 years ago and a mother-daughter duo from the Caribbean.

The space plane glided back to a runway landing at Spaceport America in the New Mexico desert, after a brief flight that gave passengers a few minutes of weightlessness.

This first private customer flight had been delayed for years; its success means Richard Branson's Virgin Galactic can now start offering monthly rides, joining Jeff Bezos' Blue Origin and Elon Musk's SpaceX in the space tourism business.

"That was by far the most awesome thing I've ever done in my life," said Jon Goodwin, who competed in canoeing in the 1972 Olympics.

Goodwin, 80, was among the first to buy a Virgin Galactic ticket in 2005 and feared, after later being diagnosed with Parkinson's disease, that he'd be out of luck. Since then he's climbed Mount Kilimanjaro and cycled back down, and said he hopes his spaceflight shows others with Parkinson's and other illnesses that "it doesn't stop you doing things."

Ticket prices were $200,000 when Goodwin signed up. The cost is now $450,000.

https://finance.yahoo.com/video/5-space-stocks-investors-watch-183956447.html

The 5 space stocks investors need to watch

Yahoo Finance - Mon, Jun 24, 2024

The space industry is counting down to lift off with major investments pouring into the sector from multiple superpowers. Many space-related companies have profited off this new space race, giving new avenues for investors to add this sector to their portfolios.

So which space related stocks should investors at least be keeping their eye on right now for potential investment here?

The first on the list is intuitive machines. LUNR

This is an infrastructure play. The company made history back in February, its commercial lander. Odysseus successfully landed on the moon.

The stock had skyrocketed leading up to the landing, but subsequently crashed when the lander permanently faded with no chance of waking up on the moon. The landing paved the way for some future missions, including one slated for late this year.

number two on the list is Iridium, a commonly viewed company as a satellite phone company with a network built for mobile applications.

Iridium Communications Inc

NASDAQ: IRDM

Whether that be on devices that people are using or the Internet of things, Iridium boasts that it's the only network that has 100% Earth coverage where it's delivered.

The company is profitable as it's been around for more than 25 years.

Number three on the list is Planet Labs, the company found by three NASA scientists. - Planet Labs PBC

It designs, builds and operates the largest earth observation fleet of imaging satellites.It has over 1000 customers, including entities involved with agriculture, forestry, education and government agencies.

Heightened security needs, increased sustainability and global climate risk are some of the trends that have been driving demand for their earth imaging.

number four is spire global. SPIR

This is a Data and Analytics company that uses satellites to collect information from space. Think whether ocean winds, shipping information and anything else that can be observed from space.

The company has over 800 customers from about over 50 countries. About half are from governments.The other half come from commercial entities.

number five on the list is Rocket Lab.

Rocket Lab USA, Inc. (RKLB) Stock

The Rocket launch service company launched its 50th electron rocket in June.

Electron has become the landing commercial small launch vehicle in Western countries, and the company remains on track for another year of record electron launches during Rocket Lab UH, it's their May earnings management mentioned.

The company was awarded a second mission from the US Space Force for a space test programme that's carrying out research and experiments for the Department of Defence.

space ETF UFO started in 2019, and that focuses on companies that are significantly engaged in the space industry.

So it includes companies from around the world, not just the US, and its fund invests in at least 80% of its Net assets and those companies that derive at least half of their revenue or profit from space related businesses.

Ark Invest Arc X that was started in March 2021 at the height of the market. The fund aims at providing exposure to companies involved in space related businesses like reusable rockets, satellites, drones and other sub or aircrafts.

Large cap stocks are the most common holdings of that, ETF represented about 40 42% of the portfolio.Medium cap represents about 31% and the rest are small cap and then you've got the spider, S and P Aerospace and Defence X they are.

It is an ETF focus on aerospace and defence, just like the name sounds it launched in 2011. And funds largest holdings include Arrow Environment, for example, a defence company that manufactures drones and unmanned vehicles.

https://investorplace.com/2024/04/lunr-stock-alert-intuitive-machines-nabs-nasa-contract/

LUNR Stock Alert: Intuitive Machines Nabs NASA Contract

By Larry Ramer, InvestorPlace Contributor Apr 4, 2024

• Intuitive Machines (LUNR) stock is trending after NASA awarded the company a contract.
• Under the deal, Intuitive will help develop a Lunar Terrain Vehicle for an upcoming trip to the moon.
• The company successfully landed on the moon back in February, deploying "payloads and commercial cargo" on behalf of NASA.

Intuitive Machines (NASDAQ:LUNR) is trending on social media and business news websites as LUNR stock moves up today. Shares of the company are up almost 4% as of this writing. This comes after Intuitive Machines won a NASA contract to support the agency's efforts for a mission to the moon.

Intuitive will be a "prime contractor" for NASA's Artemis campaign, which is slated to include human exploration of the moon. Intuitive Machines will receive an initial payment of $30 million as part of the contract.

LUNR Stock: Intuitive Machines' Contract From NASA

Under the agreement, Intuitive Machines will help complete a "Lunar Terrain Vehicle Services Feasibility Assessment." The LTV feasibility roadmap will also utilize Intuitive's Nova-D cargo-class lunar lander.

The company will work on the LTV plans with a number of partners. These include Boeing (NYSE:BA), auto supplier Michelin (OTCMKTS:MGDDY) and huge defense contractor Northrop Grumman (NYSE:NOC).

NASA plans to spend a max total of $4.6 billion on the LTV.

More About Intuitive Machines

Intuitive Machines reports itself to be the "only United States commercial company to deliver science and technology data from the surface of the Moon." On Feb. 23, the company successfully landed on the moon and deployed "five NASA payloads and commercial cargo."

Intuitive was first launched in 2012 by co-founder, President and CEO Stephen Altemus, who was previously the Deputy Director of NASA's Johnson Space Center. Meanwhile, co-founder and Chairman Dr. Kamal Ghaffarian previously "held numerous technical and management positions" at Lockheed Martin (NYSE:LMT), Ford Aerospace and Loral.

https://seekingalpha.com/article/4700964-rocket-lab-stock-weakness-is-opportunity

Rocket Lab Stock: Weakness Is Opportunity

Jun. 25, 2024 Rocket Lab USA, Inc. (RKLB) Stock

• When it comes to investing in small companies successfully, investors need to be ready to go through periods where improvements to company fundamentals will yield little to no returns.
• Rocket Lab's stock has declined despite promising developments, including a $515 million government contract and a new deal with Synspective for 10 Electron launches.
• Rocket Lab's pipeline is strengthening with new contracts, and the company's Space Systems business is expected to drive growth.
• Rocket Lab's fundamentals are improving, with revenue expected to accelerate to over $430 million this year and high double-digit growth projected for the next five years, potentially leading to profitability by 2027.

Clips used from Past Shows in Seg 1:

Stock Investing Info from Earnings Hub w/ Hamid Shojaee

AZ TRT S05 EP23 (238) 6-9-2024

What We Learned This Week:

• Earnings Hub is a platform where you can find all the information on a company, when their earnings are coming out, & quarterly calls
• Earnings info for Public Co's is often hard to find, and the income for stocks is crucial to the price
• Hamid is a long term investor like Buffet, more of buy and hold of good stocks, only owns 8 stocks
• Concentration Builds Wealth – Diversification Preserves it.
• Looking for companies that can grow 10x over the next few years, and this is hard with massive companies worth $ trillions like Apple or Microsoft

Another company Hamid likes is called Rocket Lab. Stock is $4 and they have a Market Cap of $2 billion vs a competitor like SpaceX valued at $180 billion. Just like SpaceX, Rocket Lab will be putting satellites into orbit.

He's a big fan of Rocket Lab, which is in competition with SpaceX and its subsidiary Starlink providing satellite internet. This is all about putting satellites into space. Curious to see if Amazon Jeff Bezos space company, Blue Origin will be in the mix later.

Full Show: HERE

BRT S03 EP25 (124) 6-12-2022 –

BRT in Space with Satellite Components by Spirit Electronics w/ Marti McCurdy

Things We Learned This Week

• Spirit Electronics is veteran and women owned tech company providing satellite components to Aerospace and Defense industries

• Satellites in Low Earth Orbit – need components built to resist extreme temperatures and still function as expected when built - Radiation Testing – stress test, thermal, pressure

• Working with top Defense Contractors, Raytheon, Boeing, Lockhead Martin, helping create products used in Government contracts

• Space is on a Comeback – from SpaceX, to Blue Orbit, Space Florida & Kennedy Space Center, now let's talk Space Junk, Satellite Crash, Launch Ops – launch at right time, right orbit, right space

• AZ is becoming a Tech Hub: Semiconductors, Aerospace, Defense, EV, Autonomous, AZ Tech Council to Tech Incubators

Guest: Marti McCurdy - CEO of Spirit Electronics

https://www.linkedin.com/in/marti-mccurdy-1083a936/

https://www.spiritelectronics.com/about-us/

Marti McCurdy, owner and CEO of Spirit Electronics, is a veteran not only of the semiconductor business but also of the United States Air Force. Marti's focus as CEO is to serve the aerospace and defense industry for high reliability components. She exercises her engineering knowledge of space qualified flows and sophisticated testing to deliver flight class devices. Throughout her career as a business owner and most recent position as VP, Marti's goal is to bring her high standard of customer service and cultivated relationships to serve the aerospace sector she is so familiar with. Marti holds a current patent and is a published author in ultrasonic applications.

Spirit Electronics is a certified veteran-owned, woman-owned value-added distributor of electronic components. Our product lines and value-added services offer power, memory, FPGAs, ASICs–everything you need to build out a high-reliability board that can perform in even the harshest environments. Spirit builds components for satellites, used in the aerospace and defense industries.

Notes:

Spirit Electronics manufactures satellite components like Circuit boards

Supply chains with defense and aerospace for components

Invest idea – materials used in satellites

*Low Earth orbit of satellite, not technically space sometimes

Examples of co's do biz with: F35 Lightning ll program plane by Lockhead Martin

Kyocera, EPC Space, Latham Industries

*Space EP (space enhanced plastics) – need to stress test to with stand high & low temps

Real World applications of satellites –

Data collection by satellites of Earth locations – ie Disney Park

Via satellite, get internet on phone while flying on a plane

5 year life span of satellites up in orbit

Full Show: HERE

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

AZ TRT Podcast Home Page: http://aztrtshow.com/

'Best Of' AZ TRT Podcast: Click Here

Podcast on Google: Click Here

Podcast on Spotify: Click Here

More Info: https://www.economicknight.com/azpodcast/

KFNX Info: https://1100kfnx.com/weekend-featured-shows/

Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.

Stock Investing Info from Earnings Hub w/ Hamid Shojaee – Part 2

AZ TRT S05 EP24 (239) 6-16-2024

What We Learned This Week:

• Earnings Hub is a platform where you can find all the information on a company, when their earnings are coming out, & quarterly calls
• Earnings info for Public Co's is often hard to find, and the income for stocks is crucial to the price
• Hamid is a long term investor like Buffet, more of buy and hold of good stocks, only owns 8 stocks
• Concentration Builds Wealth – Diversification Preserves it.
• Looking for companies that can grow 10x over the next few years, and this is hard with massive companies worth $ trillions like Apple or Microsoft

Guests: Hamid Shojaee

https://aztechbeat.com/

Hamid talks all thing AZ tech, Startups and what the world of an Angel Investor really looks like. His 2 decades + of experience is laid out, from starting and running software companies, plus exited the industry to now an Angel Investor mentoring the next generation of Startups.

Hamid (Founder of Axosoft and Pure Chat) has always had a passion in helping Arizona's up-and-coming tech talent. Since 2010, Hamid has been involved with various AZ tech initiatives, including bringing tech founder and CEOs together, investing in startups and helping push the #YesPHX community forward.

Axosoft – software tools for software development

PureChat – live chat software for websites

Hamid is a 20 year + software veteran who's built four different multi-million dollar SaaS products in the last twenty years. He recently sold two software companies, Axosoft and Pure Chat, and has been advising and investing in Arizona-based startups for nearly a decade. He recently announced he'll be investing $10 million in promising Arizona tech startups. Hamid is also host of the AZ Tech Podcast, where he interviews Arizona's most successful founders, investors and doers.

https://savvytrader.com/

What is Savvy Trader? Create

Create a virtual portfolio of your stocks and crypto. Buy or sell your investments at any time to keep your portfolio up to date.

Share

Share your portfolio for free, or set a price, for your followers to get access to your portfolio and notified about your trades.

Notify

Notify your subscribers when you make a trade. Savvy Trader will send a text or email to everyone subscribed to your portfolio.

Savvy Trader is on a mission to make investment information more accessible.

Learning about stocks and crypto can be intimidating and overwhelming with incredibly high levels of noise and very little signal.

Savvy Trader helps solve this problem in two ways:

1. Create and trade stocks and crypto in a safe virtual portfolio environment. The Savvy Trader virtual portfolios work a lot like a real brokerage account, except the trades are not real, allowing users to experiment and learn.
2. Portfolio Creators can also share their virtual portfolios. A great way to learn about stocks and crypto is to see the virtual portfolios of others, see the actual performance of those portfolios as if they were real, and learn about the reasons behind the creators decisions for buying or selling each holding.

So go ahead, create a virtual portfolio and share it with the world.

Speaking of, I have a Savvy Trader virtual portfolio myself. Truth be told, I wanted to create Savvy Trader for myself as an easy way for me to consolidate my holdings in multiple accounts into a single virtual portfolio that represents my actual investments, and I wanted an easy way to share my portfolio details with friends and family. You can subscribe to my portfolio below - it's free!

Notes:

Savvy trader a website created by Hamid for portfolio sharing. You can see what stocks other people are buying. You can also create custom portfolio as well as build an audience. They pay creators $25 a month.

Under the Savvy Trader brand, they created Earnings Hub, which gives the quarterly earnings reports of Companies and their stocks. You can get a summary of the quarterly calls, analyst expectations, analyst analysis, the actual earnings, and the calendar on when the earnings come out.

Hamid is a long-term investor who looks for growth, earnings, and earnings validation. The old mantra of, trust but verify. He is definitely a fundamental investor like Buffet, who looks at the numbers of the company. Also believes in companies who make investments in R&D. Looking for great companies with a growing Market Cap.

Part 2

Another company Hamid likes is called Rocket Lab. Stock is $4 and they have a Market Cap of $2 billion vs a competitor like SpaceX valued at $180 billion. Just like SpaceX, Rocket Lab will be putting satellites into orbit.

Over speculation on a stock, and making a problem more than it is, can hurt a stock price. This can create opportunities, if it's a good company, can withstand the short term problems. Investors need to see through those problems, and see how serious it is. What will be the short term cost to the company.

You want to buy good companies, at a great price. Stocks in 2022 at a great price, lots of opportunities. In 2024, stock price is high. It's now just a good price even though the company still good.

A good investor can take advantage of short term volatility. An example of this. is Tesla. That has both benefited, and then sometimes been hurt by volatility. The story behind Tesla sometimes is a growth story based around EV cars, and the mystique of its CEO Elon Musk.

On the downside, when he does some controversy on Twitter, it can hurt the stock. 2023 into 2024, Tesla is facing some issues with slowing growth. Hamid believes that the story of Tesla is actually helping to prop up the stock.

Elon Musk has diversified through the years, not only is their Tesla, now owns Twitter, he owns SpaceX, and has moved into NeuroLink.

Savvy trader, you can share your portfolio. Anyone who joins can see her needs portfolio. Once you make a change on a stock, it is shared in real time.

Part 2 - OT

When do you sell? Try to sell high, when stocks are at prices of euphoria and take some profits. Take money off the table.

For example, Hamid has been trimming Netflix stock holdings as the price has gone up. He's also trimmed some of his Meta-Facebook stock, as it had grown to 30% of his portfolio. He is even trimming Robin Hood, even though he thinks the stock has more potential to run up.

Hamid monitors about 20 stocks, and then will buy one or two.

He's a big fan of Rocket Lab, which is in competition with SpaceX and its subsidiary Starlink providing satellite internet. This is all about putting satellites into space. Curious to see if Amazon Jeff Bezos space company, Blue Origin will be in the mix later.

One book Hamid likes is Innovators Dilemma by Clayton Christiansen, that discusses the problem of disruption from smaller companies. Culture of successful Company typically is it married to their current business model and technology. Rarely do innovators innovate a second time. They become a prisoner of their current business and cannot see what the next stage is going to be.

For example - Kodak originally had the digital camera, but was stuck in their current business model, and did not become a leader in that technology.

Have to see what's going to be the next phase of some big tech companies like Google or Amazon, what do they have on the radar? Amazon seems to be moving into AWS and AI. Google with Bard is also moving into AI to get a better search engine.

It's a lot harder for a $1 trillion company like Microsoft to have massive growth. Hamid is looking for stocks that are worth multi billions versus hundreds of billions. The stocks then have the potential for 5 or 10X growth.

A division of SpaceX is Starlink. They are giving satellite Internet feeds to rural areas.

This is a disruptive technology versus companies like AMT American Tower and the cell tower business or traditional fiber optic Internet. They are launching 20 satellites per week and growing the business.

MB Host on Disruption – Show HERE

Reference Show:

Create Your Investing Profile & Share It on Savvy Trader w/ Hamid Shojaee

BRT S03 EP58 (157) 11-20-2022

What We Learned This Week

• Savvy Trader allows you to share your portfolio
• Investing Track Record - see how people actually invest & their results
• Why Software is Such a Good Business Model, Build 1x, sell multiple X
• VCs want to see Traction in Startups
• Cost of Customer Acquisition (CAC) & Long term Value of a Custer (LTV) are critical in scaling a startup long term, how much does it cost to get a customer, and how long do you keep them

Full Show: HERE

Hamid of AZ Tech Beat on Technology, Software, Startups & Angel Investing in Arizona

- BRT S02 EP 37 (84) 9-12-21

5 Things We Learned This Week...

• Difference of Angel Investing vs Venture Capital
• Working With & Advising a Startup
• Valuations of Tech Co's vs Standard Business
• Why Software is Such a Good Business Model
• Importance of Teams in Software Co's

Guests: Hamid Shojaee AZ Tech Beat

https://aztechbeat.com/

Full Show: HERE

Tech Topic:

https://brt-show.libsyn.com/category/Tech-Startup-VC-Cybersecurity-Energy-Science

Best of Tech:

https://brt-show.libsyn.com/size/5/?search=best+of+tech

Investing Topic:

https://brt-show.libsyn.com/category/Investing-Stocks-Bonds-Retirement

'Best Of' Topic: https://brt-show.libsyn.com/category/Best+of+BRT

Thanks for Listening.

Please Subscribe to the BRT Podcast.

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where Entrepreneurs, Top Executives, Founders, and Investors come to share insights about the future of business.

AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving.

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more…

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Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.