If you have 5 minutes this week, listen to this recap of my conversation with Sean DeLaney with a BONUS look behind the scenes and my thoughts about what I learned.

FULL ARTICLE about the episode: https://bogumilbaranowski.substack.com/p/when-life-begins-to-whisper-insights

Also, it's super important! I'll be in Omaha in a few weeks, if you want to say hello, send me a quick email bogumil AT talkingbillions.co (not com) or if you just want to say hello, use the same email. Curious to hear from you!

Lastly, if you like this 5-minute recap format, let me know, I might do it now and then with longer episodes!

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Transforming Financial Conversations from Sources of Tension to Opportunities for Connection

Guest Introduction

Emily Bouchard is a specialist in family dynamics around wealth, with over 20 years of experience working with families navigating complex financial relationships. She's the founder of Blended Families Flourishing and Bouchard Bespoke Consulting, focusing on stepfamily dynamics, multigenerational family meetings, rising generation leadership, family governance, and family business succession.

Key Topics Discussed

Personal Journey

Emily shares how her mother's sudden death at age 44 (when Emily was 14) profoundly shaped her path

Her volunteering experience with teenage cancer patients at age 18 taught her about resilience

Her personal experience becoming a stepdaughter, step-granddaughter, and later a stepmother influenced her career focus

Why Money Conversations Are Difficult

Different people develop different archetypal patterns related to money based on their upbringing and experiences

Understanding the underlying motivations, values, concerns, and beliefs makes money conversations more productive

People avoid money conversations because they've rarely experienced them going well

Couple Finances and Prenups

Financial infidelity (making significant financial decisions without including your spouse) is a leading cause of divorce

Important early conversations for couples include sharing earliest money memories and identifying core values around money

Prenups should be viewed as strengthening a marriage by developing the muscle of having healthy money conversations

A prenup is an opportunity to decide what happens at the end of a marriage rather than leaving it to lawmakers who don't know you

Blended Family Finances

The concept of "fair versus equal" is crucial when discussing inheritance in blended families

One of the biggest mistakes in estate planning is not checking and updating beneficiaries

Communication about estate plans with family members can prevent misunderstandings and litigation

Teaching Children About Money

Start money conversations as early as age five, focusing on philanthropy and understanding value

Use share/save/spend models to help children develop healthy money habits

Be open about family wealth status to prepare children for when they might encounter this information from peers

Multi-generational Wealth

Wealth holders should articulate the stories and values that led to wealth creation

Beneficiaries need education about their roles and responsibilities

Money amplifies existing family dynamics rather than creating entirely new problems

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Audio version my this week's article, find it on Substack.

https://bogumilbaranowski.substack.com/ -- subscribe there for all content, not to miss anything.

Also, it's super important! I'll be in Omaha in a few weeks, if you want to say hello, send me a quick email bogumil AT talkingbillions.co (not com) or if you just want to say hello, use the same email. Curious to hear from you!

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

If you have 5 minutes this week, listen to this recap of my conversation with Vitaliy with a BONUS look behind the scenes and my thoughts about what I learned.

Also, it's super important! I'll be in Omaha in a few weeks, if you want to say hello, send me a quick email bogumil AT talkingbillions.co (not com) or if you just want to say hello, use the same email. Curious to hear from you! Lastly, if you like this 5-minute recap format, let me know, I might do it now and then with longer episodes!

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

In this thought-provoking conversation, executive coach and author Sean Delaney returns to discuss his latest book, "When Life Begins to Whisper: A Journey Beyond the Answers." Building on our conversation from last year, Sean delves deeper into the subtle internal signals that guide our authentic paths and how we can develop a healthier relationship with pain, uncertainty, and freedom.

### Key Highlights:

- **The Meaning Behind the Title**: Sean explains how "whispers" represent those subtle internal nudges we often ignore until life forces us to confront them, and why the most profound questions in life don't have definitive answers.

- **Reframing Our Relationship with Pain**: "Pain doesn't come to break you, it comes to open you." Sean discusses how our greatest insights often emerge from our most painful experiences when we learn to use them rather than avoid them.

- **Beyond the Search for Certainty**: Why certainty is "too small for a soul like yours" and how embracing uncertainty opens the door to greater possibilities.

- **Recognizing and Rewriting Your Stories**: Sean shares practical approaches to identifying the invisible scripts that govern our lives and finding the courage to reshape them.

- **Finding Freedom Through Letting Go**: Freedom isn't something we chase but something we allow by releasing internal barriers and constraints.

- **The Connection to Investing**: Throughout the conversation, we explore parallels between personal growth and investment philosophy - from viewing empty portfolios as canvases of opportunity to developing the capacity to make clear decisions by stilling our "internal waters."

- **Living Your Truth**: The importance of aligning with your authentic self rather than following someone else's script, as Sean explains: "The real prison is living a life that doesn't belong to you."

Sean shares insights from his work with high achievers across various fields, including CEOs, professional athletes, and finance professionals, revealing common patterns and transformative practices that lead to more meaningful, purposeful lives.

This episode offers both philosophical depth and practical guidance for anyone seeking to live more authentically and navigate life's challenges with greater wisdom and resilience.

### About Sean Delaney

Sean Delaney is an executive coach and author who helps high achievers uncover deeper purpose and navigate the challenges of leadership, resilience, and self-mastery. With nearly 15 years of experience guiding CEOs, executives, and professional athletes, he blends profound insights with practical strategies to inspire meaningful, lasting change. His latest book is "When Life Begins to Whisper: A Journey Beyond the Answers."

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Here is another recording of my article. Enjoy! They've been such a hit that I decided to read to you again.

If you want to drop me a line, share your thoughts, or connect over Zoom, here is my email bogumil AT talkingbillions.co (not com).

I read and answer all my emails; just give me a day or two! Thank you! Bogumil

Find the text of the article on my Substack:

https://bogumilbaranowski.substack.com/p/the-psychology-of-portfolio-fluctuations

I mention Byron Tully in the episode, and I recommend his appearances on Talking Billions. He talks about Old Money Habits.

Disclosure:

Blue Infinitas Capital, LLC is a registered investment adviser. The information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

This is a very timely post (only 3 minutes). If you haven't read it yet, enjoy it here. And I hope my calming voice will help you as you are navigating the markets in the last few weeks.

If you want to drop me a line, share your thoughts, or connect over Zoom, here is my email bogumil AT talkingbillions.co (not com).

I read and answer all my emails; just give me a day or two! Thank you! Bogumil

Find the text of the article on my Substack:

https://bogumilbaranowski.substack.com/p/storm-in-a-glass-or-broken-glass

Disclosure:

Blue Infinitas Capital, LLC is a registered investment adviser. The information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Past performance is not indicative of future performance.

[Limited 1 on 1 Zoom calls with the host: email me at [email protected], no com]

Episode Overview

In this illuminating conversation, Vitaliy Katsenelson shares his remarkable journey from Soviet Russia to becoming a respected value investor in the United States. Through personal anecdotes and philosophical reflections, Vitaliy explores the delicate interplay between life's most precious currencies: time, money, and purpose.

Key Themes

From Scarcity to Abundance

• Vitaliy's formative years in Soviet Russia shaped his unique perspective on scarcity and abundance
• The stark contrast between socialist principles and capitalist realities informed his investment philosophy
• Cultural transitions between European and American work ethics revealed deeper truths about value creation

Finding Alignment: The Soul in the Game

• The concept of 'Soul in the Game' emerges as a north star for meaningful living
• Authentic writing requires vulnerability and self-confidence—a mirror to authentic investing
• Personal alignment between values and vocation creates fulfillment beyond financial metrics
• The courage to pursue alignment often means embracing discomfort and uncertainty

The Philosophy of Time and Money

• Time stands as our most irreplaceable asset—money should ultimately purchase time, not things
• Wealth without purpose becomes an empty pursuit
• Material detachment liberates decision-making in both life and investing
• Stoicism provides a framework for focusing on what we can control amid market volatility

The Human Element in Business

• People remain the crucial factor in business success—relationships over transactions
• Hiring decisions should evaluate character alongside competence
• Management analysis deserves equal attention to financial analysis
• Subtle cues often reveal more about company culture than formal presentations

Navigating Complexity and Change

• Investing requires continuous learning and intellectual curiosity
• Disruption demands adaptability in investment strategies
• Value investing must evolve to consider future growth opportunities
• The nonlinear nature of investing mirrors the nonlinear journey of life itself

Redefining Success

• Success transcends financial metrics to encompass relationships and independence
• Parenthood brings both profound joy and inevitable pain—similar to market cycles
• Quality of work matters more than quantity—depth over breadth
• Creative pursuits like music enhance problem-solving and pattern recognition

Reflections for Listeners

How might you find greater alignment between your values and your work?

Where are you trading time for money when you could be doing the opposite?

What attachments might be limiting your freedom and decision-making?

How can you incorporate more reflection and creative thinking into your professional life?

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Happy Weekend! Since so many of you asked, here is the audio version of my this week's article with some bonus content, and announcement, take a listen -- you'll hear details in the episode, but here is my email bogumil AT talkingbillions.co (not com), if you are interested in a 1 on 1 Zoom call with me or joining an intimate virtual meet & greet let know or if you just feel compelled to write to me, please do! I read and answer all my email, just give me a day or two! Thank you! Bogumil

Find the text of the article on my Substack: https://bogumilbaranowski.substack.com/p/my-annual-valuex-journey-the-magical

[Excited to connect with you! If you'd like to schedule a personal 1-on-1 Zoom conversation with me, the host, simply email [email protected] (that's .co, not .com). Looking forward to our conversation!]

Anne-Laure Le Cunff is an award-winning neuroscientist and entrepreneur. She is the founder of Ness Labs, where her weekly newsletter is read by more than 100,000 curious minds. Her research at King’s College London focuses on the psychology and neuroscience of lifelong learning, curiosity, and adaptability.

Her book, Tiny Experiments, is a transformative guide for living a more experimental life, turning uncertainty into curiosity, and carving a path of self-discovery. Previously, she worked at Google as an executive on digital health projects. Her work has been featured in Rolling Stone, Forbes, Financial Times, and WIRED.

Please paste any links that you'd like me to include:

https://tinyexperiments.org/

https://nesslabs.com/

https://x.com/@neuranne

https://instagram.com/neuranne

Summary

In this captivating episode, Anne-Laure Le Cunff takes listeners on her remarkable journey from Google executive to neuroscience PhD candidate, revealing how this unconventional path shaped her philosophy of "mindful productivity" and "systematic curiosity." Drawing from her book "Tiny Experiments," Anne-Laure challenges traditional notions of linear career progression and offers a refreshing alternative: an experimental approach to personal and professional growth.

The conversation with Bogumil Baranowski explores profound themes that resonate with anyone feeling trapped by conventional definitions of success. Anne-Laure introduces transformative concepts including the distinction between Kronos (chronological) and Kairos (opportune moment) time, encouraging listeners to reconsider their relationship with productivity. She advocates for "intentional imperfection" as a pathway to growth and introduces "growth loops" as a practical framework for continuous learning.

Particularly compelling is Anne-Laure's discussion of "dancing with chaos" – embracing uncertainty not as something to fear, but as a catalyst for creativity and unexpected opportunities.

She thoughtfully reframes the concept of legacy, suggesting that "generativity" – making meaningful contributions in the present – matters more than posthumous recognition.

The episode culminates in a powerful redefinition of success: not as the achievement of predetermined milestones, but as the freedom to experiment, explore diverse paths, and remain curious throughout life. Anne-Laure provides practical strategies for breaking free from limiting cognitive scripts and implementing tiny experiments that can lead to profound personal transformation.

Podcast Program – Disclosure Statement

Blue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm’s employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.

Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.