The Unlimited Podcast by Ginsler Wealth

On this episode of The Unlimited Podcast, BNN Bloomberg news anchor Jon Erlichman joins Brian for an interesting "behind-the-scenes" look at what it's like to be a business journalist. Brian and Jon discuss what it takes to be "on" all the time, what makes a great interview, some stories from Jon's celebrity interviews, and much more! Jon Erlichman anchors BNN Bloomberg’s morning program, The Open, which airs every weekday. He also serves as co-host of Bloomberg’s global program "Bloomberg Markets,” which airs weekdays as well. Erlichman has a background as a scoop-oriented reporter, an accomplished interviewer of top global CEOs and a digital innovator. On BNN he has interviewed too many high profile Canadian CEOs and business leaders to name. Erlichman has interviewed athletes such as Connor McDavid, entertainers such as Robert DeNiro, Ice Cube, Dan Aykroyd and Charli XCX, and entertainment industry players including Brian Grazer, Jerry Bruckheimer, Disney’s Michael Eisner, Ron Howard and Jon Favreau, leading investors such as David Einhorn and Michael Burry, and media and tech leaders including Barry Diller and Jimmy Iovine. Among other roles, Erlichman previously served as a correspondent for ABC News in Los Angeles, an anchor and reporter for Bloomberg Television in New York, and in San Francisco with “Bloomberg Technology”. Beyond his traditional news experience, Erlichman is passionate about digital media. In 2015, he helped launch Parachute TV, the first live streaming TV channel on Twitter’s Periscope app and he himself has more than 100,000 followers across all social media platforms. Click here for Jon's full bio from BNN Bloomberg. If you like what you hear, please don’t hesitate to rate us kindly. And if there are particular topics you’d like covered, please let us know. Timestamps 0:00 Intro & Disclaimer 3:34 Jon's career path 6:28 How does Jon get ready to be 'On Air'? 13:58 What broadcasting from home during COVID was like 18:35 How does rapid information accessibility affect the newsroom environment? 22:37 What is the role of the media in sharing information? 25:25 Balancing short-term and long-term market reporting 29:15 Jon's tips for a good interview 34:44 Jon's experience interviewing Kobe Bryant 40:13 When has Jon been 'Starstruck'? Hint..."are you talkin' to me?" 43:03 Dealing with 'bloopers' in the newsroom 46:03 If Jon could do anything, what would it be? 47:48 Outro

Find out why The Unlimited Podcast was ranked by Spotify in the Top 20% of Most Followed and Most Shared podcasts globally in 2022. Listen as Ginsler Wealth's CEO, Brian Ginsler, interviews investment managers we may work with, along with a variety of investing, financial and other experts, discussing topics relevant to successful families. The podcast also features audio versions of our quarterly letters and other key publications. Don't miss an episode by following the podcast in your favourite podcast app.

Even though this tax season is coming to a close, it's never too late to start planning for next year! On this episode of The Unlimited Podcast, Alexandra (Ali) Spinner joins Brian to share some tips and tricks for maximizing your charitable donations. Brian and Ali discuss Ali's "Three W" framework for giving, alternative donation methods, different avenues for philanthropy, how Ali became known as the Tax Ninja, and much more! Ali is a Partner in Crowe Soberman’s Tax Group, a member of the firm’s Management Committee, and leader of the High-Net-Worth tax practice. Her practice focuses on helping wealthy families and high-performance professionals structure their affairs in a tax-efficient manner. She works closely with her clients to ensure that their short and long term personal, financial, estate, and philanthropic goals are carefully considered in their planning. Ali brings a high level of passion and warmth to her practice and enjoys building deep relationships with her clients across generations. Ali’s broad technical expertise includes domestic, cross-border, and international tax matters for individuals, trusts, estates, and corporations. She is experienced in complex estate and trust planning, post-mortem planning, corporate reorganizations, and the preparation of Canadian tax returns and compliance forms. Her transaction advisory experience includes tax due diligence and business purchase and sale structuring. She has testified in Ontario court and has been recognized by the court as an expert in taxation matters. Ali has more than 20 years of experience in public accounting and tax and estate planning. In 2022, she was elected as a Fellow of the Chartered Professional Accountants of Ontario. The distinction of Fellow formally recognizes her exceptional service to the professional and to the broader community. Ali is a past lecturer in the Commerce Program at the University of Toronto’s Rotman School of Management, CPA Canada’s In-Depth Tax Program, and the School of Accountancy Tax Program administered by CPA Ontario. In 2020, Ali was the recipient of the Award of Excellence presented by the Jewish Foundation’s Professional Advisory Committee. In 2016, she was a winner of the M&A Advisor Emerging Leaders Award (Top 40 Under 40). In 2015, she received the CPA Ontario and the Institute for Management & Innovation at the University of Toronto’s Alumni Award. She is also a 2002 recipient of the Gordon Cressy Student Leadership Award from the University of Toronto. If you like what you hear, please don’t hesitate to rate us kindly. And if there are particular topics you’d like covered, please let us know. Timestamps: 0:00 Intro and Disclaimer 3:02 How did Ali become the Tax Ninja? 5:15 How does Ali balance conservative vs. aggressive tax strategies? 7:54 What's happening inside the CRA? 11:53 What is tax-effective charitable giving? 16:04 The first W: What? 27:54 The second W: Where? 30:06 The third W: When? 32:40 Setting up private foundations 39:30 Donor Advised Funds 45:36 If Ali could do anything, what would it be? 46:47 Outro

In this episode, Ginsler Wealth CEO, Brian Ginsler, reads his quarterly letter to clients from the first quarter of 2023. This quarter's letter focuses on the importance of not just getting a job done, but well done, the wealth and financial planning work we have been doing for clients recently, and Ginsler Wealth's commentary on the importance of being an "independent" wealth management firm. For the original transcript of this letter and to see weblinks and other media, please visit: https://ginslerwealth.com/ginsler-wealth-first-quarter-2023-client-letter-well-done-edition/ Timestamps: 0:00 Intro & Disclaimer 1:42 To the Dean's office 2:13 Breakfast at the airport 3:40 Exceeding expectations & feedback 4:00 Going beyond portfolio management 6:33 Pushing through short term noise 7:20 Remaining independent, and maintaining your trust 7:46 Outro If you like what you hear, please don’t hesitate to rate us kindly. And if there are particular topics you’d like covered, please let us know.

On this episode of The Unlimited Podcast, Brian is joined by one of Canada’s “legendary” investors, his friend and mentor, Ira Gluskin. Brian and Ira discuss the founding of Gluskin Sheff, investing and investment management, Ira’s career advice, and the advantages of a multi-family office over a large investment firm. Ira Gluskin is the Chief Investment Officer of Irager + Associates Inc., a family office, overseeing Strategy and Investments. Mr. Gluskin is the Co-Founder of Gluskin Sheff + Associates Inc. He served as the firm’s President & Chief Investment Officer from June 30, 1984 until December 31, 2009 and as a Director and the firm’s Vice-Chairman through December 18, 2013. Prior to co-founding Gluskin Sheff, Mr. Gluskin had worked in the investment industry for 20 years. He serves on the Board of Directors of both Tricon Capital Group and European Residential Real Estate Investment Trust and serves on the board of trustees for First Capital REIT. He is a member of the Advisory Board of Vision Capital Corporation and The University of Toronto’s Real Estate Advisory Committee. He is also on the University of Toronto’s Boundless Campaign Executive Committee, Sinai Health’s Board of Directors and Investment Committee, Board of the Canadian Jewish News, The Walrus Magazine, Capitalize for Kids, and the National Theatre School of Canada. Mr. Gluskin is also the former Chair of the University of Toronto Asset Management Corporation and the former Chair of the Investment Advisory Committee for the Jewish Foundation of Greater Toronto, and is currently a member of its Investment Committee. Mr. Gluskin received a Bachelor of Commerce degree from the University of Toronto in 1964. He received an Honorary Doctorate of Laws degree from Wilfrid Laurier University 2019. Timestamps: 0:00 Disclaimer & Intro 4:06 How did Ira begin his career? 12:43 How did Ira get comfortable after founding Gluskin Sheff? 15:15 Introducing incentive fees to investment management 19:37 Why did Ira want to be different? 31:57 What does Ira think about managers advertising lower fees and higher performance? 38:12 Ira’s approach to investment management 42:40 What has Ira learned after working through decades of ups and downs? 46:40 How has Ira’s portfolio evolved? 53:44 How does Ira feel being an insider of publicly traded companies? 58:17 Ira’s thoughts on increasing investing regulations 1:07:05 What to look for in a great business partner 1:14:07 Life lessons from Ira 1:20:07 If Ira could have done anything, what would it be? 1:24:57 Outro If you like what you hear, please don’t hesitate to rate us kindly. And if there are particular topics you’d like covered, please let us know.

There are many ways to get exposure to real estate. Our guest, Jeffrey Olin, President & CEO of Vision Capital – managing approximately $1 billion solely focused on real estate investments – tells us how. In this episode, Brian and Jeff provide an introduction to the real estate asset class (Real Estate 101), different real estate investing options, the challenges of owning real estate directly, public vs. private real estate investing, and much more. Jeffrey Olin is a co-founder, CEO and has been a portfolio manager at Vision Capital for over 14 years. Mr. Olin brings ten years of direct corporate real estate experience and fifteen years of senior level investment banking experience to Vision Capital. Between 2003 and 2007, Mr. Olin served as the Managing Partner, Ontario and Head of Investment Banking with Desjardins Securities, a $200 billion financial institution. Mr. Olin was previously a Managing Director with HSBC Securities and a Vice President with Canaccord Capital. As an investment banker, Mr. Olin was the Lead Manager and M&A advisor with direct responsibility for over 70 transactions representing over $5 billion in value. He has served as a key advisor to many of Canada’s leading corporate, institutional, and family-owned real estate enterprises on their global real estate investments. Prior to his investment banking career, Mr. Olin has ten years of direct real estate industry experience. Between 1985 and 1991, Mr. Olin was Vice President with Bramalea Limited in Dallas, Texas and Toronto, Canada. In addition, he worked with Olympia & York Developments Ltd., and the Parking Authority of Toronto. His experience in real estate includes acquisitions and dispositions, development, financing, leasing, operations, and planning and design. Mr. Olin has extensive corporate governance experience and expertise. He has served on the Board of Directors for numerous public companies as well as charitable and community boards. He has also acted as an expert witness on behalf of the Ontario Securities Commission and the Government of Canada Parliamentary Finance Committee. Mr. Olin is a graduate from the Kellogg Graduate School at Northwestern University in Chicago with an MBA. He received his Bachelor of Commerce degree from the University of Toronto. This Podcast was recorded on February 17, 2023. Timestamps: 0:00 Disclaimer & Intro 03:23 Real Estate 101 06:05 How big is the Real Estate market? 09:14 Why add Real Estate to your investment portfolio? 12:39 What are REITs? 16:38 Key terms for Real Estate Investors 21:33 Buying property vs. investing in public real estate 25:47 What are the biggest risks of Real Estate Investing? 28:59 How does Real Estate fair during inflation? 35:10 Why Vision was Founded 37:19 Public vs Private Real Estate Investing 43:57 Inefficiencies in the public markets 51:26 What does Vision hold? 56:11 What does the office building market look like? 1:03:06 Jeff’s advice for real estate investors 1:04:02 Final thoughts 1:05:02 Outro

In this special edition of The Unlimited Podcast, Brian and Richard Usher-Jones from Canso Investment Counsel discuss bonds… just bonds. This episode highlights the ‘Bonds 101’ section from Episode 15: For Your Ears Only… Bonds with Richard-Usher Jones. For those who aren’t very familiar with bonds, or may want a refresher, this is the episode for you! Brian and Richard discuss what a bond is, who issues bonds, the relationship between interest rates & bond prices, and more! Timestamps 0:00 Intro & Disclaimer 3:07 The bond market vs. equity market 4:21 What is a bond? 5:50 Coupon payments & "clipping coupons" 7:43 Who issues bonds? 10:47 What determines a bond's interest rate? 12:13 The relationship between bond prices and interest rates 18:05 What do bond ratings mean? 21:22 Investing in 'junk' bonds 26:00 Who has the highest bond ratings? 27:22 Which is safer: bonds or equities? 29:08 What is the yield curve? 31:50 What does the yield curve look like today? 34:57 Outro If you like what you hear, please don’t hesitate to rate us kindly. And if there are particular topics you’d like covered, please let us know.

The excitement around artificial intelligence has gone "radical". Our guest believes that in time, AI will "eat all software". And PWC says AI will contribute over USD$15 trillion to the global economy by 2030.* On this episode of The Unlimited Podcast -- with the assistance of ChatGPT -- Brian is joined by Jordan Jacobs, Co-Founder & Managing Partner of Radical Ventures, a leading venture capital firm focused on investing in transformational AI. Jordan is also a founder of the Vector Institute for Artificial Intelligence, a director of the Canadian Institute for Advanced Research, member of the University of Waterloo President’s International Advisory Board, a Director of Tennis Canada, former Chief AI Officer of TD Bank Group, and was a Co-Founder & CEO of Layer 6 AI and Milq Inc. Jordan was also the Founder & CEO of SpyBox Media and spent over a decade as a lawyer specializing in entertainment, media, technology, and sports. Brian and Jordan discuss Jordan's path to AI venture capital, what AI actually is, how AI is being used today, how it may be used in the future, and much more...including a ChatGPT demo. Brian also asks Jordan about his time working with Elton John and Elvis Costello and his experience meeting Roger Federer. If you’re a music fan or a tennis player, then this episode is (also) for you! Timestamps: 0:00 Introduction & Disclaimer 1:50 Jordan’s Bio 5:15 Partnering with Product RED 6:51 Entering into Deep Learning with Milq and Layer 6 11:37 What were Milq and Layer 6 doing? 15:27 Why wouldn’t Jordan & Tony sell? 20:58 What is an Image Net? 24:06 Artificial Intelligence 101 28:39 How is AI going to change the way we live? 30:06 Impact of AI on the job market 33:43 Will AI take over the world? 35:34 What is ChatGPT? 38:57 Brian demo's ChatGPT 42:06 What does AI mean for big tech? 48:41 Radical Venture’s portfolio companies 55:46 Tesla Full Self-Driving & Self-Driving Technology 1:02:33 How can the average investor get direct exposure to AI? 1:04:36 Jordan’s venture with Elton John and a Bono Performance 1:15:33 Jordan’s Tennis experience and meeting Roger Federer 1:22:21 Final thoughts 1:24:35 Outro If you like what you hear, please don't hesitate to rate us kindly. And if there are particular topics you'd like covered, please let us know. *https://www.pwc.com/gx/en/issues/data-and-analytics/publications/artificial-intelligence-study.html

After a difficult 2022 for bonds, higher interest rates have created increased opportunities for fixed income investors. So to kick off 2023, this episode of The Unlimited Podcast will cover “Bonds 101” and opportunities in fixed income investing with Richard Usher-Jones, Portfolio Manager at Canso Investment Counsel. Richard has 30+ years of industry experience, achieving his Canadian Investment Manager (CIM) designation, and is a Fellow of the Canadian Securities Institute (FCSI). Since 2009, Richard has been a Portfolio Manager with Canso, as well as the President & CEO of Lysander Funds. Canso manages over $35 Billion in assets, specializing in fixed income. In this episode, Brian and Richard go back to basics to explain bonds and how they work, who issues bonds, bond ratings, and much more. They also review Canso’s approach to fixed income investing and opportunities Richard is seeing in the current environment. 0:00: Disclaimer 0:44: Intro 2:32: Introduction to Richard & Canso Bonds 101 7:46: Bond Market vs. Equity Market 9:06: What is a bond & how does it work? 10:34: What is a “coupon payment”? 12:50: Who is issuing bonds? 15:32: What determines the interest rate of a bond? 16:59: What is the relationship between bond prices and interest rates? 22:51: What do bond ratings mean? 30:46: Who gets the highest bond ratings? 32:08: What is a safer investment, stocks or bonds? Bonds 201 30:04: What is the yield curve? 36:58: What does the yield curve look like? 40:17: Why include bonds in a portfolio? 44:03 Why should investors consider actively managed portfolios? 46:00: How does Canso help issuers? 50:19: Canso’s outlook for the bond market & interest rates 52:17: How is Canso structuring portfolios for this environment? 54:20: How should investors allocate bonds in their portfolios? 55:42: What would Richard do if his world was Unlimited? 56:57: Outro If you like what you hear, please don’t hesitate to rate us kindly. And if there are particular topics you’d like covered, please let us know.

In this episode, Ginsler Wealth CEO, Brian Ginsler, reads his quarterly letter to clients from the fourth quarter of 2022. This quarter's letter focuses on the importance of preparation, adaptability, and how Ginsler Wealth is preparing for 2023.  For the original transcript of this letter and to see weblinks and other media, please visit: https://ginslerwealth.com/ginsler-wealth-fourth-quarter-2022-client-letter-all-weather-edition/ In this episode Brian discusses:  1:29 Brian's annual fall canoe trip 4:21 Preparing for 2023 5:21 An All-Weather portfolio 6:50 Closing thoughts Note that past performance is not indicative of future returns, and nothing in this podcast should be considered as investment advice. The Unlimited Podcast is Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by David McMillan

In this episode, Ginsler Wealth CEO, Brian Ginsler, speaks with Joelle Faulkner, Founder and CEO of Area One Farms. Joelle is a multi-generation Canadian farmer. She is a Rhodes Scholar and Fulbright Scholar and obtained degrees in Engineering, Business, and Law from Western University, Oxford University and Stanford University. She was named one of Canada’s Top 40 Under 40, Canadian Private Equity Summit Emerging Leader, EY Entrepreneurial Winning Women and Canada’s Top 100 Most Powerful Women: Future Leaders. In 2013, Joelle combined her finance expertise with her farming knowledge and founded Area One Farms – which now has $450 million of committed and invested capital, and owns 140,000 acres of farmland in partnership with 28 farm partners in 4 provinces. Brian and Joelle discuss what life is like for farmers today, the current global climate for farming, why farmers need partners like Area One Farms, and why investors should think about farmland as an asset class for their portfolios. In this episode we discuss: 0:00 Disclaimers & Introduction 2:47 Introduction to Joelle & Area One Farms 6:07 Farming Today vs. 30 Years Ago 8:53 How Area One Farms helps Farmers 10:30 Economics Today of Farming in Canada 15:17 Farming and Property Changes 19:08 Why Farmers Partner with Area One Farms & Generational Farming 26:24 How does Area One Farms Improve the Land? 30:15 Why Invest in Farmland? 34:37 How does Area One Farms structure its investments? 41:56 Area One Farms & Environmental Social and Governance (ESG) 45:59 Area One Farms Achievements 47:40 Closing Thoughts 48:35 Outro Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by David McMillan.

In this episode, Ginsler Wealth CEO, Brian Ginsler, speaks with Daniel Zborovski, Founder and Principal Consultant of RestWell Technology. Daniel has over 25 years of experience leading and mentoring security, technical and programming teams. Daniel has managed complex security and IT projects for thousands of clients in legal, healthcare, manufacturing, and professional services. A tech evangelist to anyone that will listen, Daniel regularly speaks on panel discussions and keynote addresses to countless IT professionals, business owners and executives.  Daniel is also the architect of multiple award-winning products and services. Brian and Daniel discuss how hackers work in the modern era, best practices for passwords and PINs, as well as “dos and don’ts” for protecting the data of yourself, your family, and your business. In this episode we discuss: 2:33 Brian’s personal experience with identity theft 5:57 Recent hacks and stats 7:31 Who is hacking? Why? 11:38 Cyber vulnerabilities 16:00 Hardware tokens and multi-factor authentication (MFA) 18:28 Adding checks and balances 19:35 Social engineering and phishing 23:05 Recognizing phishing 25:50 Protecting yourself while travelling 29:02 The importance of PIN code strength 30:32 The safety of more complex passwords 33:08 Protecting your smart home 35:40 Preventative cybersecurity for your business and the Canada Digital Adoption Program 37:59 Working in a hybrid model 40:42 Closing thoughts For more information on the Canada Digital Adoption Program, please visit: https://ised-isde.canada.ca/site/canada-digital-adoption-program/en. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.

In this episode, Ginsler Wealth CEO, Brian Ginsler, reads his quarterly letter to clients from the third quarter of 2022. This quarter's letter investigates the opportunities presented by the current market environment and announces a new offering to help improve clients’ health. For the original transcript of this letter and to see weblinks and other media, please visit: https://ginslerwealth.com/ginsler-wealth-third-quarter-2022-client-letter-opportunity-knocks/ In this episode we discuss: 1:00 Present market environment 3:07 Current opportunities 3:39 Looking at historic trends 5:50 Adjusting the portfolio and finding new strategies 8:04 Putting cash to work 9:43 Taking time to plan 10:35 Focusing on your health 11:41 Closing thoughts Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.

In this episode, Ginsler Wealth CEO, Brian Ginsler, speaks with Jeannine LiChong, Portfolio Manager of the Waratah Income Fund, about her path to portfolio management, North American income equities, navigating through investment crises, and the importance of being a good listener. They also discuss their shared experience working with Ira Gluskin, and how they still carry his lessons with them today.  In this episode we discuss: 1:55 Background of Jeannine LiChong 3:23 Music and investing 5:45 Meeting and working with Ira Gluskin 12:17 About Waratah and the Waratah Income Fund 16:34 Income trusts and the Halloween Massacre 19:38 Idea generation 22:39 Using Waratah’s resources and knowledge base 25:37 Examples of fund holdings: Intact and Definity 28:31 Thoughts on debt 31:14 Lessons from 2008 33:24 Portfolio positioning today 35:16 Being a woman in the investment industry 36:57 Closing remarks and disclaimers Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville. An additional disclaimer from Waratah: The information relayed by any employee of Waratah Capital Advisors Ltd. (“Waratah”) in this podcast is not to be construed as investment advice or as an endorsement of any entity or security discussed.  Waratah takes no obligation to correct, update or revise any statements made. In addition, participation in this podcast does not constitute an offer, promotion, or solicitation of an offer to buy any interest in any fund, product, or service in any jurisdiction managed by Waratah.

In this Special Episode, Ginsler Wealth CEO, Brian Ginsler, speaks with Dr. Juveria Zaheer and Sandi Treliving about mental health and Toronto’s Centre for Addiction and Mental Health (CAMH). They discuss mental health in Canada, effects from the pandemic, current developments at CAMH, and the evolution of mental health research and funding. Dr. Juveria Zaheer is a Clinician Scientist with the Institute for Mental Health Policy Research, and Medical Head of the Emergency Department at CAMH. Sandi Treliving is a philanthropist, mental health advocate, and a director on the CAMH Foundation Board of Directors. In this episode we discuss: 1:24 Background of Dr. Juveria Zaheer and Sandi Treliving 11:12 Mental health today 18:22 Fighting stigma in mental health 19:18 Research and funding challenges 23:50 Future of mental healthcare in Canada 27:39 CAMH’s key areas for research and care 31:56 Getting help 33:30 Getting involved 36:17 Closing remarks The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.

In this episode, Ginsler Wealth CEO, Brian Ginsler, speaks with Daniel Zwirn, CEO and Chief Investment Officer of Arena Investors LP. They discuss the Arena approach to risk-reward analysis, diversification & special situations, and the importance of transparency in completing due diligence - with specific examples around Bridging Finance and Bernie Madoff. In this episode we discuss: 2:21 Background of Daniel Zwirn and Arena 9:31 Arena’s asset classes 15:28 Thinking about risk 19:56 Non-traditional investments 23:18 Attachment point theory 30:50 Diversification in portfolios 35:40 Investing in today’s environment 42:45 Private lending in Canada, Bridging and Madoff 46:33 Investor due diligence 49:53 Closing remarks and disclaimers Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville. An additional disclaimer from Arena: The information provided by Arena Investors in this podcast should not be considered a recommendation regarding any particular investment. The actual and potential investments discussed are meant to be examples of Arena’s investment approach.  It should not be assumed that any of the investments discussed herein will prove to be profitable, or that the investment recommendations or decisions made by Arena in the future will be profitable. This podcast does not constitute investment advice nor is it a recommendation or an offer of investment advisory services or products. No person in any jurisdiction may treat this document as a solicitation or offer of any advisory product or service. A prospective investor must rely solely on the terms and associated disclosures in any final offering memoranda, investment management agreement and associated subscription documents (if any), which would constitute the only basis upon which offerings of any product or service may be made.

In this episode, Ginsler Wealth CEO, Brian Ginsler, reads his quarterly letter to clients from the second quarter of 2022. This quarter's letter draws parallels between investing and tennis, and helps investors to understand whether (and when) to take riskier shots. For the original transcript of this letter and to see weblinks and other media, please visit: https://ginslerwealth.com/ginsler-wealth-second-quarter-2022-client-letter-wimbledon-edition/. In this episode we discuss: 1:37 Current markets and Wimbledon 2:45 Brian’s recent tennis matches 3:56 Probabilities in tennis and investing 5:43 Defensive positioning 6:55 Low probability shots that score 7:32 The Netflix case study 9:30 Don’t lose money 11:02 Looking forward Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.

In this episode, Ginsler Wealth CEO, Brian Ginsler, speaks with David Rosenberg, President and Chief Economist & Strategist of Rosenberg Research. They discuss what it takes to be a successful entrepreneur, economics 101, modern inflation, and David makes one of his boldest calls yet on the Canadian housing market. In this episode we discuss: 2:31 Background of David Rosenberg 5:28 Work ethic and passion 11:02 Entrepreneurship 14:44 Differentiation and building a business 18:00 Supply and demand curves 22:22 Inflation today 28:24 Central banks and interest rates 35:29 Supply and demand in the economy 36:52 Economic cycles and recession 38:47 Looking ahead for investors 40:52 Global supply chains 46:02 Investing through a recession 48:09 Canadian housing market 56:31 Closing remarks and disclaimer Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.

In our upcoming episode, Ginsler Wealth CEO, Brian Ginsler, speaks with David Rosenberg of Rosenberg Research. They discuss what it takes to be a successful entrepreneur, economics 101, modern inflation, and the Canadian housing market. Follow and subscribe to be the first to hear their fascinating discussion. Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.

In this episode, Ginsler Wealth CEO, Brian Ginsler, chats with Alkarim Jivraj, CEO of Espresso Capital. They discuss venture debt, its risk profile, how the Espresso team values opportunities, and how the firm got its unique name! In this episode we discuss: 1:52 Background on Alkarim Jivraj 4:21 The Espresso name 5:46 Venture debt 101 9:28 How do companies service their venture debt 11:47 Benefits for lenders 13:48 Risks in venture debt 16:44 Loss metrics 18:33 Sourcing deals 22:40 Espresso’s proprietary software 25:16 Closing remarks and disclaimer Note that past performance is not indicative of future returns, and nothing in this episode should be considered as investment advice. The Unlimited Podcast is a Ginsler Wealth audio production. It is hosted and produced by Brian Ginsler, and edited and mixed by Kathryn Donville.