The Unlimited Podcast by Ginsler Wealth

November is Financial Literacy month in Canada, so as part of Ginsler Wealth's ongoing efforts to promote financial literacy, Brian speaks with Robin Taub, CPA, CA, the author of The Wisest Investment: Teaching Your Kids to Be Responsible, Independent and Money-Smart for Life. Brian and Robin discuss her path to writing the book on financial literacy, the 5 Pillars of Money, her 11 Healthy Habits of Financial Management, and how parents can overcome the challenges of teaching their children about money. Robin is a Chartered Professional Accountant (CPA, CA), keynote speaker, and bestselling author recognized for her expertise in personal finance and financial literacy. Her award-winning book, The Wisest Investment, has received accolades, including praise from David Chilton, the star of Dragons' Den and author of The Wealthy Barber. With a unique ability to simplify complex money topics, Robin acts as the "Google Translate" for personal finance, making it accessible to all. Her background includes roles in audit, taxation, and derivatives marketing at leading Canadian firms. She is also a passionate advocate for advancing women CPAs into leadership roles. Robin holds a Bachelor of Commerce degree with High Distinction from the Rotman School of Management at the University of Toronto and is a lifelong learner, having completed the Canadian Institute of Chartered Accountants’ In-Depth Tax Course. Residing in Toronto, Robin and her husband have raised two (mostly) money-smart young adults. Besides her financial expertise, she enjoys snowboarding, cycling, and attending concerts, including a memorable backstage encounter with Bruce Springsteen. For more about Robin and to purchase a copy of The Wisest Investment, click here. 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 3:42 Robin's financial journey 9:23 Why should parents teach their kids financial management? 11:45 Robin's Five Pillars of Money 17:01 How should an allowance work? 20:58 11 Healthy Habits of Financial Management 27:45 How can parents actually teach financial literacy? 34:39 Fraud, phishing, and cybersecurity 37:36 Robin's Key Tip 38:16 Meeting Bruce Springsteen 40:50 If Robin could do anything, what would it be? 41:57 Outro and disclaimer

Brian Ginsler loves Malcolm Gladwell's podcast Revisionist History: his podcast about "things overlooked and misunderstood". Brian believes there are a lot overlooked and misunderstood things happening this year in the financial markets. In his latest quarterly letter, he shares what he thinks is overlooked and misunderstood as it relates to U.S. and Canadian equity markets, stock and bond correlations, consumers' reaction to inflation and rising interest rates, and perhaps the most misunderstood investment decision: investing in GICs. For the original transcript of this letter and to see weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-third-quarter-2023-client-letter-misunderstood-edition/

The private equity asset class is often absent from the portfolios of the everyday investor. For those that do invest in private equity, they experience large capital requirements, long holding periods, and often higher risk - albeit in the pursuit of higher returns. Private equity secondaries may mitigate some of the challenges noted above. In this episode of The Unlimited Podcast, Brian speaks with Robert McGrath, Founder and Managing Director of Overbay Capital Partners, who will explain what private equity is, introduce private equity secondaries, and share the backstory of how he and his brother became early leaders in this space. Overbay Capital Partners, is a private equity secondaries firm managing almost $2 billion in assets on behalf of institutions and private investors. Robert leads Overbay's investment team and is responsible for the overall management of the firm. Rob began working in secondaries almost 20 years ago when the secondary market was still in its infancy and a tiny fraction of its size today. He has had a front row seat on the secondary market as it grew from obscurity to the prominent investment strategy it is today. Prior to forming Overbay, Rob worked for 12 years as an intermediary in the secondary market at Setter Capital where he advised institutions on buying and selling private equity funds. Over that period, Rob was one of the most prolific secondary deal makers in the world, completing over 700 transactions, representing more than $20 billion in value. Robert holds a Bachelor of Arts degree from Queen's University and a Master of Science degree in Accounting & Finance from the London School of Economics. 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 4:13 What is private equity? 10:37 Where does private equity fit in a portfolio? 14:13 Barriers to accessing private equity 17:18 Private equity experience and the "J" curve 25:21 Robert's history with private equity 28:16 Why would an institution want to sell private equity? 31:08 Why buy private equity secondaries? 34:57 Founding Overbay 41:32 How do private equity secondaries differ from regular private equity? 45:33 How does Overbay pick the secondaries to buy? 48:57 Returns on private equity secondaries 53:42 If Robert could do anything, what would it be? 55:41 Outro

While the U.S. Open ended on Sunday, the World Championships of Tennis – known as The Davis Cup – is on! And Team Canada is back to defend their championship title after winning last year’s tournament. On this episode of The Unlimited Podcast Brian speaks with Frank Dancevic, former professional tennis player and current Captain of Canada’s Davis Cup team. We were lucky to catch Frank just hours before he joined his team in Bologna, Italy for the start of Canada’s defending run. Hailing from Niagara Falls, Ontario, Frank Dancevic is a retired Canadian professional tennis player. He first became the country's top singles player, according to ATP rankings, on February 10, 2003, as an 18-year-old, and achieved a career-high singles ranking of world No. 65 in September 2007. He has been the captain of Canada's Davis Cup team since 2017 and continues to lead top-ranked Canadian tennis players Felix Auger-Aliassime, Vasek Pospisil, and Denis Shapovalov, among others, in this year’s Davis Cup. In this episode, Brian speaks with Frank about his experience as a professional tennis player, what it takes to be a world-class athlete, and how to lead and coach high performers. 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 Disclaimer & Intro 3:44 Frank's journey to professional tennis 12:55 Where did "Frank the Tank" come from? 14:34 Being your best as a professional athlete? 21:15 Different stressors of singles and doubles tennis 25:40 Transitioning from player to captain & leadership strategies 28:57 How to get the best out of your team 32:10 Frank's highlights against Rafael Nadal and Novak Djokovic 37:05 If Frank wasn't a pro tennis player, what would he be? 39:01 Outro & Disclaimer

Brian believes that everyone needs to understand sales because ultimately, "everything is sales". What does this mean? Sales expert Darren Rabie joins Brian on this episode of The Unlimited Podcast to help answer that question, and discuss how sales can be applied to more aspects of life than you may think. Darren Rabie was born in Cape Town, South Africa. His father owned successful clothing stores and his mother was a teacher. Along with his two brothers, he lived a wonderful life. But the fears and injustice of Apartheid drove the family to immigrate to Toronto in 1977. In Canada, with no money or connections, Darren’s father started a clothing import business and his mom became a travel agent. He grew up learning from two hard-working, never complaining, dedicated and loving parents who sacrificed for their kids. As a teenager, Darren had lots of jobs but quickly realized that he was more entrepreneur than employee. After graduating from Ivey Business School in 1996, Darren co-founded his first company – The Results Group (TRG) – an outsourced lead-generation firm for B2B businesses. By 2003 Darren realized that many of TRG’s clients lacked the sales leadership, structure and tools to succeed, no matter how many leads were generated for them. So, he sold TRG and founded Focus Sales Management – initially renting himself, then others, out as part-time sales managers for small B2B companies. In 2010 another division was born – Focus CRM – to provide ongoing support and training contracts for companies struggling with salesforce.com. In 2018, Darren decided to make his next life change and sold Focus to his partners in the firm. Brian and Darren discuss human nature, applying sales concepts in your personal life, Darren's "12 C's" (characteristics) of effective (sales)people, and more. 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 Disclaimer & Intro 1:28 Brian's 15 Year Harvard Reunion 5:48 Darren introducing sales courses to Ivey 7:44 Darren's sales background 11:38 Is "sales" a dirty word? 20:13 Sales & human nature 36:59 Applying sales to success in everyday life 49:13 Darren's "12 C's" of successful (sales)people 53:56 How have sales tools changed? 58:24 Is sales a good start to your career? 1:00:52 If Darren could do anything, what would it be? 1:03:36 Outro & disclaimer

At Ginsler Wealth, we love coffee. Recently, Brian spoke with Lavazza Canada President, Andrea Chiaramello, at the Truffle Kings media preview event, for a special live recorded episode of The Unlimited Podcast. Andrea Chiaramello was born and raised in Turin, Italy, hometown of Lavazza. He has been a coffee “addict” for decades, after spending most of his working life as an export manager, specializing in Route-To-Market projects, bringing Italian products into international markets (Europe, North and South America, Middle East). Andrea joined Lavazza and moved to Toronto in 2017 leading the Canadian operations across all channels. Lavazza, also known as Luigi Lavazza S.p.A., is an Italian coffee manufacturer that was founded in Turin in 1895 by Luigi Lavazza. It started as a small grocery store on Via San Tommaso 10 and is currently managed by the third and fourth generations of the Lavazza family. The company imports coffee from various countries, including Brazil, Colombia, Guatemala, Costa Rica, Honduras, Uganda, Indonesia, the United States, and Mexico. Lavazza was introduced to Canada in 1971. The company expanded its presence internationally and began exporting its coffee products to various countries, including Canada. Since then, Lavazza has established a presence in the Canadian market and offers its range of coffee products to Canadian consumers. Brian and Andrea discuss the history of Lavazza, Italian coffee culture, how to make the perfect cup of coffee at home, and much more. Make sure to stay tuned to the very end of the episode for a special offer! 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 full video can also be found on YouTube. Timestamps 0:00 Disclaimer & intro 3:15 History of Andrea & Lavazza 6:26 Comparing coffee and wine 8:11 Lavazza's operations in Canada and abroad 10:05 Italian coffee culture 11:44 What it takes to make coffee 15:28 Where do the best coffee beans come from? 20:58 Making the perfect coffee at home 25:51 The rules of coffee in different cultures 30:51 Inflation in coffee prices 35:01 Investing in the coffee industry 37:11 Lavazza & tennis sponsorships 38:47 If Andrea could do anything, what would it be? 40:42 Outro and a special treat

Ginsler Wealth CEO, Brian Ginsler, reads his quarterly letter to clients from the second quarter of 2023. There are a lot of scary things impacting the economy and investing these days, but nothing is more scary than when your 16 year-old daughter gets her driver's license permit! In Brian's latest quarterly letter, he explains how teaching his daughter to drive relates to how we manage client portfolios. Hint...it's all about probability. He also explain recent actions we are taking in client portfolios and provide examples of some unique investment strategies we have found and are using for the benefit of our clients. For the original transcript of this letter and to see weblinks and other media, please visit https://ginslerwealth.com/ginsler-wealth-second-quarter-2023-client-letter-drivers-training-edition/ Timestamps 0:00 Disclaimer and Intro 1:46 What's been scaring Brian in 2023? 2:33 Driving & Probability 4:24 Let's start with facts 5:42 Equity markets & lower probability 8:13 Facts & Probabilities: Actions we are taking 13:21 Ginsler Wealth Partners Program 14:04 Outro

SPAC Arbitrage. While it may sound complicated, we are lucky to have Jamie Wise, President & CEO of Periscope Capital, as our guest on The Unlimited Podcast to explain. In fact, we'll go all the way back to basics to understand what "arbitrage" is and why investors have been trying to find arbitrage opportunities forever. Prior to launching Periscope Capital in 2009, Jamie was a managing director at Moore Capital Advisors Canada, a multi-strategy Canadian-focused hedge fund. Prior to Moore Capital, Jamie was a Managing Director and Portfolio Manager at BMO Capital Markets where he led an internal proprietary trading group (we'll explain what that means as well). At BMO, Jamie was appointed the youngest Managing Director in the firm’s history. He has an undergraduate business degree (hons.), graduating first in his class from the Ivey School of Business at the University of Western Ontario in 1998 and holds a Chartered Financial Analyst (CFA) designation. Jamie is also the founder of Buzz Indexes, creators of the BUZZ index (NYSE:BUZZ), also known as the VanEck Social Sentiment ETF. BUZZ uses AI to measure investor sentiment across millions of social media posts each month, ranking the top 75 stocks in the BUZZ NextGen AI US Sentiment Leaders Index™. Brian and Jamie discuss what it takes to be successful as a young professional, SPACs 101, the beauty of asymmetric returns, how AI is being used in markets today, and much more. 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 Disclaimer & Intro 5:02 Jamie's journey to founding Periscope 11:43 Entering the finance industry as a young professional 15:01 What does "arbitrage" mean? 19:46 Developing investment strategies using AI 29:05 SPACs 101 39:02 SPACs in today's market 44:09 What's the arbitrage opportunity in the SPAC structure? 51:24 How does Periscope decide which SPACs go into the fund? 57:01 Where does this strategy fit in an investor's portfolio? 59:11 Outro & Disclaimer

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.