Creating Wealth Real Estate Investing with Jason Hartman

William D. Cohan is a columnist for Bloomberg View and Vanity Fair and author of the new book, "The Price of Silence: The Duke Lacrosse Scandal, the Power of the Elite, and the Corruption of Our Great Universities." He previously authored, "The Last Tycoons: The Secret History of Lazard Frères & Co." and "House of Cards: A Tale of Hubris and Wretched Excess on Wall Street."

Cohan characterizes the state of the American university system and talks about the elitist bad-boy attitude that plagues many campuses across the nation. So many people who fit the stereotype he describes end up on Wall Street. 

William D. Cohan is the New York Times bestselling author of three non-fiction narratives about Wall Street: Money and Power: How Goldman Sachs Came to Rule the World; House of Cards: A Tale of Hubris and Wretched Excess on Wall Street; and The Last Tycoons: The Secret History of Lazard Freres & Co., which won the 2007 FT/Goldman Sachs Business Book of the Year Award. He is a contributing editor at Vanity Fair and writes a weekly column for Bloomberg View.  

Mr. Cohan also writes for the Financial Times, Bloomberg Business Week, The Atlantic, Art News, the Irish Times, the Washington Post and the New York Times Magazine. He appears regularly on MSNBC, Bloomberg TV, CNN, Current TV, and the BBC. He has also been a guest on the Charlie Rose Show and the News Hour.  

Over the course of 17 years Mr. Cohan was a senior Wall Street Mergers & Acquisitions investment banker at Lazard Freres & Co., Merrill Lynch and JPMorgan Chase. He is a graduate of Duke University, Columbia University School of Journalism, and the Columbia Graduate School of Business.

Read William D. Cohan's work on Bloomberg View at www.bloombergview.com. 

Visit his work on Vanity Fair at www.vanityfair.com.

William D. Cohan is a columnist for Bloomberg View and Vanity Fair and author of the new book, "The Price of Silence: The Duke Lacrosse Scandal, the Power of the Elite, and the Corruption of Our Great Universities." He previously authored, "The Last Tycoons: The Secret History of Lazard Frères & Co." and "House of Cards: A Tale of Hubris and Wretched Excess on Wall Street."

Cohan characterizes the state of the American university system and talks about the elitist bad-boy attitude that plagues many campuses across the nation. So many people who fit the stereotype he describes end up on Wall Street.

William D. Cohan is the New York Times bestselling author of three non-fiction narratives about Wall Street: Money and Power: How Goldman Sachs Came to Rule the World; House of Cards: A Tale of Hubris and Wretched Excess on Wall Street; and The Last Tycoons: The Secret History of Lazard Freres & Co., which won the 2007 FT/Goldman Sachs Business Book of the Year Award. He is a contributing editor at Vanity Fair and writes a weekly column for Bloomberg View.

Mr. Cohan also writes for the Financial Times, Bloomberg Business Week, The Atlantic, Art News, the Irish Times, the Washington Post and the New York Times Magazine. He appears regularly on MSNBC, Bloomberg TV, CNN, Current TV, and the BBC. He has also been a guest on the Charlie Rose Show and the News Hour.

Over the course of 17 years Mr. Cohan was a senior Wall Street Mergers & Acquisitions investment banker at Lazard Freres & Co., Merrill Lynch and JPMorgan Chase. He is a graduate of Duke University, Columbia University School of Journalism, and the Columbia Graduate School of Business.

Read William D. Cohan's work on Bloomberg View at www.bloombergview.com.

Visit his work on Vanity Fair at www.vanityfair.com.

Douglas J. Utberg - Biograhy

My professional life started when I was delivering newspapers at 15 years of age, progressed through multiple jobs paying near minimum wage.   This experience taught me the value of gaining a strong financial education to ensure that I would be able to lift myself up to higher opportunities in the future.

Upon completing my first year of college, I enlisted in the US Marine Corps Reserve.  The experience of training in the Marines taught me the importance of a strong work ethic, and the ability to adapt and improvise during difficult situations.  During my six years of service in the Marine Corps Reserve, I eventually earned the rank of Sergeant, and was assigned responsibility for a squad of fellow Marines.  This taught me the importance of placing the team’s needs before your own when in a position of responsibility.

Later on, I graduated from Portland State University, earning a bachelor of science in Finance.  Immediately afterward, I embarked on a brief career in the financial services industry, selling insurance products and mutual funds.  During this experience, I discovered the extent to which the financial industry is driven by a desire for management fees and commissions.  This experience inspired me to seek out both a different career path and to develop a way for people to learn the skills necessary for managing their own finances and investments so that they can escape the fees and commissions of the financial services industry.

It is at this point when I began my career at Intel Corporation, during which I was able to earn my MBA from George Fox University.  While working at Intel, I was fortunate enough to gain a broad array of experience ranging between manufacturing, cost, inventory, software business analysis, open source business analysis, microprocessor pricing, long range planning, compute continuum, and leading the P&L team in building and implementing a new forecasting system.  Each assignment during my career at Intel provided a unique opportunity to learn and develop.

In addition to my career working for an employer, I have also engaged in a broad variety of business and investing activities, ranging from the purchase and management of single plus multi-family investment real estate to stock market investing to building web-based businesses.  My investment and business philosophy are both the same, with each centered around fundamentals and value.  My personal and professional studies have repeatedly found that speculation is not a formula for consistent long-term success.

My experience has shown that the best way to succeed in both our career and our investments is to seek value in everything that you do.

Visit Doug's website: http://DougUtberg.com

Connect with Doug on Twitter: http://twitter.com/DougUtberg

Douglas J. Utberg - Biograhy

My professional life started when I was delivering newspapers at 15 years of age, progressed through multiple jobs paying near minimum wage. This experience taught me the value of gaining a strong financial education to ensure that I would be able to lift myself up to higher opportunities in the future.

Upon completing my first year of college, I enlisted in the US Marine Corps Reserve. The experience of training in the Marines taught me the importance of a strong work ethic, and the ability to adapt and improvise during difficult situations. During my six years of service in the Marine Corps Reserve, I eventually earned the rank of Sergeant, and was assigned responsibility for a squad of fellow Marines. This taught me the importance of placing the team’s needs before your own when in a position of responsibility.

Later on, I graduated from Portland State University, earning a bachelor of science in Finance. Immediately afterward, I embarked on a brief career in the financial services industry, selling insurance products and mutual funds. During this experience, I discovered the extent to which the financial industry is driven by a desire for management fees and commissions. This experience inspired me to seek out both a different career path and to develop a way for people to learn the skills necessary for managing their own finances and investments so that they can escape the fees and commissions of the financial services industry.

It is at this point when I began my career at Intel Corporation, during which I was able to earn my MBA from George Fox University. While working at Intel, I was fortunate enough to gain a broad array of experience ranging between manufacturing, cost, inventory, software business analysis, open source business analysis, microprocessor pricing, long range planning, compute continuum, and leading the P&L team in building and implementing a new forecasting system. Each assignment during my career at Intel provided a unique opportunity to learn and develop.

In addition to my career working for an employer, I have also engaged in a broad variety of business and investing activities, ranging from the purchase and management of single plus multi-family investment real estate to stock market investing to building web-based businesses. My investment and business philosophy are both the same, with each centered around fundamentals and value. My personal and professional studies have repeatedly found that speculation is not a formula for consistent long-term success.

My experience has shown that the best way to succeed in both our career and our investments is to seek value in everything that you do.

Visit Doug's website: http://DougUtberg.com

Connect with Doug on Twitter: http://twitter.com/DougUtberg

Joel Naroff is the Founder, President & Chief Economist with Naroff Economic Advisors and a member of the Newsmax Financial Braintrust Alliance. He's also the author of, "Big Picture Economics: How to Navigate the New Global Economy."

Naroff gives his take on the economic recovery and when he expects inflation to hit, if at all. He also discusses the effects tax cuts have on the economy. 

Naroff then talks about international economic hotspots and where people should produce and sell in our global economy. He thinks certain international events can ripple through the economy and ultimately affect workers in the Midwest. 

Joel L. Naroff is the president and founder of Naroff Economic Advisors, a strategic economic consulting firm. He advises companies across the country on the risks and opportunities that economic developments may have on the organization’s operating environment.  

A nationally recognized economic forecasting expert, Joel has received numerous honors. In 2011, he received the National Association for Business Economics Outlook Award as the top economic forecaster. NABE is the premier professional association for business economists. He also received the award in 2007. In 2008, he was awarded the Lawrence Klein Award for Blue Chip forecasting excellence. This is one of the oldest and most prestigious forecasting honors. Joel was the Bloomberg Business News top economic forecaster in 2008. In 2006, he was MSNBC’s top forecaster.  

Joel received his bachelor degrees in economics and chemistry from the Stony Brook University and his Ph.D. in economics from Brown University. He is a member of the Board of Directors of the Economy League of Greater Philadelphia, teaches at the Central Atlantic Advanced School of Banking, is a past chairman of the American Bankers Association’s Economic Advisory Committee and is a past president of the Philadelphia Council of Business Economists. 

Find out more about Joel Naroff's research by visiting www.econsultsolutions.com.

Joel Naroff is the Founder, President & Chief Economist with Naroff Economic Advisors and a member of the Newsmax Financial Braintrust Alliance. He's also the author of, "Big Picture Economics: How to Navigate the New Global Economy."

Naroff gives his take on the economic recovery and when he expects inflation to hit, if at all. He also discusses the effects tax cuts have on the economy.

Naroff then talks about international economic hotspots and where people should produce and sell in our global economy. He thinks certain international events can ripple through the economy and ultimately affect workers in the Midwest.

Joel L. Naroff is the president and founder of Naroff Economic Advisors, a strategic economic consulting firm. He advises companies across the country on the risks and opportunities that economic developments may have on the organization’s operating environment.

A nationally recognized economic forecasting expert, Joel has received numerous honors. In 2011, he received the National Association for Business Economics Outlook Award as the top economic forecaster. NABE is the premier professional association for business economists. He also received the award in 2007. In 2008, he was awarded the Lawrence Klein Award for Blue Chip forecasting excellence. This is one of the oldest and most prestigious forecasting honors. Joel was the Bloomberg Business News top economic forecaster in 2008. In 2006, he was MSNBC’s top forecaster.

Joel received his bachelor degrees in economics and chemistry from the Stony Brook University and his Ph.D. in economics from Brown University. He is a member of the Board of Directors of the Economy League of Greater Philadelphia, teaches at the Central Atlantic Advanced School of Banking, is a past chairman of the American Bankers Association’s Economic Advisory Committee and is a past president of the Philadelphia Council of Business Economists.

Find out more about Joel Naroff's research by visiting www.econsultsolutions.com.

Vitaliy Katsenelson is the Chief Investment Officer at Investment Management Associates. He gives a glimpse at what has made Warren Buffett and Berkshire Hathaway so successful. 

Buffett has always voted yes to the investments he's heavily invested in, even when disagreeing, which is a topic of much consternation to Katsenelson. He thinks Buffett mishandled Coke's latest compensation plan. 

Katsenelson then discusses ways investors can take a long-term view in their investing. 

Vitaliy Katsenelson is Chief Investment Officer at Investment Management Associates. While his primary focus is on discovering under-valued companies for his clients, he is also known for his uncommon common sense, which he has regularly expressed in articles in the Financial Times, Barron's, Bloomberg Businessweek, the Christian Science Monitor, Institutional Investor, and the New York Post, among other outlets. He speaks frequently to investment groups around the world, and was most recently profiled in Barron's in September 2009. Previously, he was an adjunct faculty member at the University of Colorado Graduate School of Business, and he is also the author of Active Value Investing.

Visit Vitaliy's Katsenelson's blog at www.contrarianedge.com. 

Find out more about Investment Management Associates at www.imausa.com. 

Vitaliy Katsenelson is the Chief Investment Officer at Investment Management Associates. He gives a glimpse at what has made Warren Buffett and Berkshire Hathaway so successful.

Buffett has always voted yes to the investments he's heavily invested in, even when disagreeing, which is a topic of much consternation to Katsenelson. He thinks Buffett mishandled Coke's latest compensation plan.

Katsenelson then discusses ways investors can take a long-term view in their investing.

Vitaliy Katsenelson is Chief Investment Officer at Investment Management Associates. While his primary focus is on discovering under-valued companies for his clients, he is also known for his uncommon common sense, which he has regularly expressed in articles in the Financial Times, Barron's, Bloomberg Businessweek, the Christian Science Monitor, Institutional Investor, and the New York Post, among other outlets. He speaks frequently to investment groups around the world, and was most recently profiled in Barron's in September 2009. Previously, he was an adjunct faculty member at the University of Colorado Graduate School of Business, and he is also the author of Active Value Investing.

Visit Vitaliy's Katsenelson's blog at www.contrarianedge.com.

Find out more about Investment Management Associates at www.imausa.com.

Eve Wright is the Vice President and Associate General Counsel for The HEAT Group (Miami Heat basketball team). She is the author of, "LIFE AT THE SPEED OF PASSION: Create a Life of Intention, Purpose, and Integrity."

Wright joins the show to discuss how people can cut the emotional “fat” from their lives and refine themselves everyday. She also explains what it really means to be happy. 

Wright then talks about how people can take calculated risks and re-learn risk-taking to achieve ROI. She thinks everyone can overcome their fears of failure.

Find out more about Eve Wright at http://evewright.us/.

Find out more about the Miami Heat at www.heat.com.

In her position, Wright advises the HEAT on a wide variety of legal issues pertaining to marketing and promotions, concerts and events, corporate sales, merchandising initiatives and player-related matters.  

Prior to joining the HEAT, Wright served as the Senior Director of Business and Legal Affairs for the Ladies Professional Golf Association (LPGA) where she helped to develop sports marketing opportunities for corporate sponsors, managed the LPGA's international trademark portfolio and retail licensing business as well as advised the Association on all legal matters.  

Prior to her tenure with the LPGA, the former associate in the Minneapolis, Minnesota office of Fredrikson & Byron, P.A. worked in the E-Business and Corporate Transactions groups.  

An avid supporter of community development initiatives, Ms. Wright has served in various capacities on the boards of regional civic organizations. In addition to civic organizations, she is currently a member of the ACC professional organization as well as serves on the Board of Directors for BESLA and Advisory Board for the Corporate Counsel Women of Color.  

Ms. Wright is a graduate of DePauw University, where she received a Bachelor of Arts in Economics and International Business. She earned her Doctor of Jurisprudence from Indiana University School of Law and participated in the Consortium Program at Howard University School of Law. She and her husband, Ken, live in Bay Harbor Island. 

Eve Wright is the Vice President and Associate General Counsel for The HEAT Group (Miami Heat basketball team). She is the author of, "LIFE AT THE SPEED OF PASSION: Create a Life of Intention, Purpose, and Integrity."

Wright joins the show to discuss how people can cut the emotional “fat” from their lives and refine themselves everyday. She also explains what it really means to be happy.

Wright then talks about how people can take calculated risks and re-learn risk-taking to achieve ROI. She thinks everyone can overcome their fears of failure.

Find out more about Eve Wright at http://evewright.us/.

Find out more about the Miami Heat at www.heat.com.

In her position, Wright advises the HEAT on a wide variety of legal issues pertaining to marketing and promotions, concerts and events, corporate sales, merchandising initiatives and player-related matters.

Prior to joining the HEAT, Wright served as the Senior Director of Business and Legal Affairs for the Ladies Professional Golf Association (LPGA) where she helped to develop sports marketing opportunities for corporate sponsors, managed the LPGA's international trademark portfolio and retail licensing business as well as advised the Association on all legal matters.

Prior to her tenure with the LPGA, the former associate in the Minneapolis, Minnesota office of Fredrikson & Byron, P.A. worked in the E-Business and Corporate Transactions groups.

An avid supporter of community development initiatives, Ms. Wright has served in various capacities on the boards of regional civic organizations. In addition to civic organizations, she is currently a member of the ACC professional organization as well as serves on the Board of Directors for BESLA and Advisory Board for the Corporate Counsel Women of Color.

Ms. Wright is a graduate of DePauw University, where she received a Bachelor of Arts in Economics and International Business. She earned her Doctor of Jurisprudence from Indiana University School of Law and participated in the Consortium Program at Howard University School of Law. She and her husband, Ken, live in Bay Harbor Island.