The Culture Matters Podcast

"Lollapalooza effects can make you rich or they can kill you." - Charles T. MungerReal estate professional, businessman, co-owner of R.K. Reiman, and host of "The Real Build" podcast Bill Reiman is joining us on the show once again and we've got a good one in store for you today because we are jamming to some lollapalooza.  No, we don't mean the Chicago-based music festival.  We're talking about the Charlie Munger coined term "lollapalooza effect" which means a situation where multiple psychological biases, tendencies, or forces act together in the same direction, creating an extreme, amplified outcome that is far greater than the sum of its parts.  Bill and Jay are talking about the ability to make good connections between, how equally important it is to know when not to connect certain people, the benefits of a group of like-minded individuals coming together for the common good, and what it is that makes Naples, Florida such a wonderful, unique, and opportunity-filled place.  This episode is dedicated to bringing people together and we hope you're inspired to participate and appreciate those who are together with you after this episode of The Culture Matters Podcast.

"The big money is not in the buying or selling, but in the waiting." - Charles T. MungerOne episode simply wasn't enough to go over everything we wanted to when it comes discussing market updates, so we had no choice but to make it a two-parter.  We are happy to welcome back our co-host for the Investor Series and the founder of Arena Securities, Aleck Arena, to put a bow on our last episode.  In today's discussion, Aleck and Jay are taking a look at why Aleck prefers quarterly updates over monthly updates, where technology is heading and how it is affecting some investment strategies, the media force that is YouTube, the fact that there this an entire ecology surrounding a founder and how it is used to shape the company as a whole, and how to manage regret when it comes to not investing in something that maybe you should have that has taken off.  Aleck has a great mind for investing and we are always grateful to have him on The Culture Matters Podcast.Disclaimer: The information contained in this episode is not personal financial product advice and has been prepared without taking into account the objectives, financial situation, or needs of any particular person. Culture Matters does not hold an Australian Financial Services License and is not authorised to provide general or personal financial product advice. Before making any investment decision, you should consult a licensed financial adviser. Past performance is not indicative of future performance.

"Soros has taught me that when you have tremendous conviction on a trade, you have to go for the jugular. It takes courage to be a pig. It takes courage to ride a profit with huge leverage." - Stanley DruckenmillerIn store on today's episode of The Culture Matters Podcast, we are returning to one of our favorite areas of discussion: investing!  And we couldn't think of anyone  better to broach the subject with than our co-host of the Investor Series and the founder of Arena Securities, Aleck Arena.  During this discussion, Aleck and Jay are diving a little deeper into some specific companies and uncovering what the past few months have looked like from an investor standpoint.  We're also getting into not every investment is going to be a winner, the growth of potential return that comes with the success of a company, and how training leads to people looking for more lucrative opportunities.  We hope you enjoy this episode of The Culture Matters Podcast.Disclaimer: The information contained in this episode is not personal financial product advice and has been prepared without taking into account the objectives, financial situation, or needs of any particular person. Culture Matters does not hold an Australian Financial Services License and is not authorised to provide general or personal financial product advice. Before making any investment decision, you should consult a licensed financial adviser. Past performance is not indicative of future performance.

"Give me a lever long enough and a fulcrum on which to place it and I will move the world." - ArchimedesAfter a brief hiatus, The Culture Matters Podcast is back with a vengeance and we are starting this thing off right with a wonderful guest making his first appearance on the show.  A long-time leader in the business training space having worked with such companies as General Electric, and the founder of PCK Partners, Hector Sanchez, is joining us on the program today and we are extremely excited to be speaking with someone with Hector's pedigree and experience.  Hector and Jay are digging into what it means to be a servant leader and what makes this an important concept in the field of leadership, why it is up to the leader to understand and elevate the performance of those that are working underneath them, and why having a broader understanding of the business at large will help the leaders of organizations more successful in their endeavors to inspire and motivate.  If there was ever a master class in being a leader and what leadership actually is and boils down to, this is it.  Hector has a great way of describing his techniques and views on leading that make it plausible and easy to follow and we hope you get as much as you possibly can out of this episode of The Culture Matters Podcast.

On a very special episode of The Culture Matters Podcast, we are bringing back The Investor Series with the founder of Arena Securities and co-host of the series, Aleck Arena, flying solo.  Aleck's guest today is a man whose family has over 125 years of experience in the Australian financial market and who has been the chairman of that company, Soul Patts, for the past quarter of a century, Rob Milner.  Aleck and Rob are discussing Rob's family's history and how his great grandfather began this successful organization, some of the current trends in the Australian financial market, how that translates to the American listener, and some of the strategies Rob has employed to take his company into the 21st century and beyond.  It was a real treat to have Rob on the show and we hope you enjoy this episode of The Culture Matters Podcast.Disclaimer: The information contained in this episode is not personal financial product advice and has been prepared without taking into account the objectives, financial situation, or needs of any particular person. Culture Matters does not hold an Australian Financial Services License and is not authorised to provide general or personal financial product advice. Before making any investment decision, you should consult a licensed financial adviser. Past performance is not indicative of future performance.

"Its more important to win than be right."On today's episode of The Culture Matters Podcast, we are welcoming a new guest to the program and we couldn't be more excited to have him!  Senior Portfolio Manager with Pine Valley Investments, multi-asset trading aficionado, and investing expert Mark Magarian is debuting on the show and is following in a long tradition of excellent guests from Pine Valley Investments.  During their conversation, Mark and Jay dig into Mark's journey through the world of high finance, the understanding that if you want something bad enough you have to be willing to take risks and sometimes prove that you're the person who deserves it, taking the time to find your opportunities and understanding that confidence and sometimes fear can lead to making them fruitful, and how strategies for investing can differ in aggressiveness when it's your money versus someone else's.  We hope you enjoy this episode of The Culture Matters Podcast.Disclaimer: The information contained in this episode is not personal financial product advice and has been prepared without taking into account the objectives, financial situation, or needs of any particular person. Culture Matters is not authorized to provide general or personal financial product advice. Before making any investment decision, you should consult a licensed financial adviser. Past performance is not indicative of future performance.

"Tough times don't last, tough teams do." - Robert SchullerOn today's latest installment of The Culture Matters Podcast, our very own Jay Doran is sitting down with the show's producer, Kyle DiRaddo, to continue their discussion on the in's and out's of what drives Culture Matters.  During their discussion, Jay and Kyle and chatting about what a shift in company culture means and looks like from the ground up.  Company culture is an organic thing.  It is going to exist from the most of conception for a company and it is going to grow and change with the company.  It won't happen all at once, but instead take time to become the next iteration of itself.  What that next manifestation looks like affects everyone in the organization and it takes everyone buying in to make sure it becomes what it should.  We're covering all of that and more on today's episode of The Culture Matters Podcast.

On this edition of The Culture Matters Podcast, our very own Jay Doran is having another discussion with the show's producer, Kyle DiRaddo, and discussing some of the thoughts, feelings, and motivations behind Culture Matters as an organization.  In today's discussion, Jay and Kyle are focusing on the work that goes into a culture shift in a company and where that work actually begins.  What specifically should a coach or advisor be looking for when evaluating a company's culture?  Are there universal signs that something is amiss or does it vary from company to company?  When the shift does happen, is it something that is felt all at once by everyone in the company or is it more of a gradual shift that just happens?  We're diving into all of that and more on this episode of The Culture Matters Podcast.

"Resistance is futile." - The Borg Collective, Star TrekOn today's edition of The Culture Matters Podcast, our very own Jay Doran is sitting down with the show's producer, Kyle DiRaddo, for a conversation about what makes Culture Matters go.  For this discussion, Jay and Kyle are digging into some of the reasons that people may be hesitant to hire a coach or an advisor, what may trigger some resistance to having a third party come in to evaluate their company's culture, why some pushback actually might be a good thing when it comes to culture evaluation, and whether or not the advisor/advisee relationship has a tangible stopping point.  We hope you enjoy this conversation on this episode of The Culture Matters Podcast.

On this episode of The Culture Matters Podcast, our very own Jay Doran is stepping up to the mic for a quick discussion on what it means to be the second generation of a business.  Using the story of Alexander the Great and his ascension to ruling the Macedonian empire after the murder of his father, King Philip II, as a jumping off point, Jay is digging in to what it means to continue a legacy and forge your own path in that pursuit.  There is a certain amount of pressure that comes with being put into a position where you are responsible for furthering something that you didn't create in the first place.  How will you respond to that pressure?  Will you rise to the occasion and continue to build and push for more or will you simply try to maintain the status quo and coast?  We're getting right into it on this episode of The Culture Matters Podcast.