Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF. 
Marlena Lee, Global Head of Investment Solutions at Dimensional Investing, shares her thoughts on applying academic research to investing in index funds. Joanne Bradford, President and Chief Money Officer at Domain Money, discusses flipping the narrative on how Americans gain access to financial advice. Tim White, Co-Founder & CGO at Wealth.com, talks about seeing a massive opportunity in estate planning. And we Drive to the Close with Dana D’Auria, Co-CIO at Envestnet. 
Hosts: Carol Massar and Barry Ritholtz. Producer: Paul Brennan. 

Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>. Marlena Lee, Global Head of Investment Solutions at Dimensional Investing, shares her thoughts on applying academic research to investing in index funds. Joanne Bradford, President and Chief Money Officer at Domain Money, discusses flipping the narrative on how Americans gain access to financial advice. Tim White, Co-Founder &amp; CGO at Wealth.com, talks about seeing a massive opportunity in estate planning. And we Drive to the Close with Dana D’Auria, Co-CIO at Envestnet. Hosts: Carol Massar and Barry Ritholtz. Producer: Paul Brennan.

Listen for reporting from the magazine that helps global leaders stay ahead. 

Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.  You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec bring you insight on the people, companies and trends shaping today's complex economy.&nbsp; You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Day Two Live from the Future Proof Festival

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3f792f08-38ec-4e68-bd2a-b1ee01513f37/transcript

The Jel Sert Company is a family-owned business that has been at the forefront of innovation in the food and beverage industry since 1926. Jel Sert's products include dessert mixes, drink mixes, and freezer bars, and are made exclusively in West Chicago, Illinois.

Ken Wegner is President of The Jel Sert Company. The grandson of Jel Sert founders Charles and Lillian Wegner, Ken grew up in the business and has worked at the company since 1985, helping steward beloved brands while expanding Jel Sert’s community impact, and growing its workforce to more than 1,400 employees. He discusses the firm's recent expansion within West Chicago, as well as how real-time searches and social data from platforms like TikTok are guiding new flavor development and brand partnerships for Jel Sert. Ken speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

The Jel Sert Company is a family-owned business that has been at the forefront of innovation in the food and beverage industry since 1926. Jel Sert's products include dessert mixes, drink mixes, and freezer bars, and are made exclusively in West Chicago, Illinois. Ken Wegner is President of The Jel Sert Company. The grandson of Jel Sert founders Charles and Lillian Wegner, Ken grew up in the business and has worked at the company since 1985, helping steward beloved brands while expanding Jel Sert&rsquo;s community impact, and growing its workforce to more than 1,400 employees. He discusses the firm's recent expansion within West Chicago, as well as how real-time searches and social data from platforms like TikTok are guiding new flavor development and brand partnerships for Jel Sert. Ken speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

TikTok Provides Boost for 100-Year-Old Food and Beverage Manufacturer

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/9909bb88-2219-406c-8d76-b3fb0165d2bf/transcript

The people, companies and trends shaping the global economy.

Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

Activist investor Boaz Weinstein is stepping up his warnings on private credit, saying the turmoil surrounding Blue Owl Capital’s funds is exposing deeper cracks in the $1.8 trillion industry.
“All you need is the snowball to start going down the hill and it started. Blue Owl is right in the middle of that,” the Saba Capital Management founder said Tuesday at the iConnections Global Alts conference in Miami Beach, Florida. “I think we are in the super-early innings of the wheels coming off the car.” The comment was the latest salvo by Weinstein against the private credit industry, which is reeling from worries about overspending on artificial intelligence and lending standards after Blue Owl restricted withdrawals from one of its funds.

Saba Capital, alongside Cox Capital Partners, has announced cash tenders for stakes in three funds managed by Blue Owl Capital at steep discounts to their stated value, after the alternative investment firm restricted redemptions in one vehicle and began selling loans to raise cash for investors.

The offer price is expected to be 20%-35% below net asset value and aims to give a liquidity solution to retail investors wanting to exit positions that have been harder to redeem as withdrawals surged across the sector.

During the panel, Weinstein warned about market dislocations, where some credit assets are currently trading at historic highs while related equity and fund structures are at massive discounts. He added that he is looking to launch a fund to capitalize on an expected wave of opportunities, particularly around the Blue Owl situation and similar semi-liquid products facing redemption pressures.
Saba and Cox sent notices to buy Blue Owl Capital Corporation II shares on Feb. 17. They plan to make similar offers for Blue Owl Technology Income Corp. and Blue Owl Credit Income Corp., which are also business development companies. Blue Owl’s shares have plunged around 50% in the past year, even as the firm’s revenue continued to climb in that period.

Others have sounded warnings as well in recent days. JPMorgan Chase and Co. Chief Executive Officer Jamie Dimon on Monday drew parallels between the present day and the era leading up to the 2008 global financial crises, when the scramble to make loans ended disastrously.

Today's show features:
Bloomberg News Finance Reporter Katherine Doherty on JPMorgan CEO Jamie Dimon saying he's starting to see parallels to the era before the 2008 financial crisis
Lauren Goodwin, Economist and Chief Market Strategist at New York Life Investments on the US economy and geopolitical risks in markets
Bloomberg Tech Co-Host Ed Ludlow on Meta’s multi-billion dollar investment in AMD equipment and stock, as well as the latest news from Anthropic
Elise Giuliano, Senior Lecturer in Political Science at Columbia University, on the four-year mark since the official start of the War in Ukraine

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. Activist investor Boaz Weinstein is stepping up his warnings on private credit, saying the turmoil surrounding Blue Owl Capital&rsquo;s funds is exposing deeper cracks in the $1.8 trillion industry. &ldquo;All you need is the snowball to start going down the hill and it started. Blue Owl is right in the middle of that,&rdquo; the Saba Capital Management founder said Tuesday at the iConnections Global Alts conference in Miami Beach, Florida. &ldquo;I think we are in the super-early innings of the wheels coming off the car.&rdquo; The comment was the latest salvo by Weinstein against the private credit industry, which is reeling from worries about overspending on artificial intelligence and lending standards after Blue Owl restricted withdrawals from one of its funds. Saba Capital, alongside Cox Capital Partners, has announced cash tenders for stakes in three funds managed by Blue Owl Capital at steep discounts to their stated value, after the alternative investment firm restricted redemptions in one vehicle and began selling loans to raise cash for investors. The offer price is expected to be 20%-35% below net asset value and aims to give a liquidity solution to retail investors wanting to exit positions that have been harder to redeem as withdrawals surged across the sector. During the panel, Weinstein warned about market dislocations, where some credit assets are currently trading at historic highs while related equity and fund structures are at massive discounts. He added that he is looking to launch a fund to capitalize on an expected wave of opportunities, particularly around the Blue Owl situation and similar semi-liquid products facing redemption pressures. Saba and Cox sent notices to buy Blue Owl Capital Corporation II shares on Feb. 17. They plan to make similar offers for Blue Owl Technology Income Corp. and Blue Owl Credit Income Corp., which are also business development companies. Blue Owl&rsquo;s shares have plunged around 50% in the past year, even as the firm&rsquo;s revenue continued to climb in that period. Others have sounded warnings as well in recent days. JPMorgan Chase and Co. Chief Executive Officer Jamie Dimon on Monday drew parallels between the present day and the era leading up to the 2008 global financial crises, when the scramble to make loans ended disastrously. Today's show features:
<ul>
<li>Bloomberg News Finance Reporter Katherine Doherty on JPMorgan CEO Jamie Dimon saying he's starting to see parallels to the era before the 2008 financial crisis</li>
<li>Lauren Goodwin, Economist and Chief Market Strategist at New York Life Investments on the US economy and geopolitical risks in markets</li>
<li>Bloomberg Tech Co-Host Ed Ludlow on Meta&rsquo;s multi-billion dollar investment in AMD equipment and stock, as well as the latest news from Anthropic</li>
<li>Elise Giuliano, Senior Lecturer in Political Science at Columbia University, on the four-year mark since the official start of the War in Ukraine</li>
</ul>

Boaz Weinstein Warns ‘Wheels Coming Off’ Private Credit Funds

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3f6ed635-b6a2-4d0e-af33-b3fb01632e56/transcript

Tom Freston is a cofounder of MTV and the former CEO of Viacom, where he oversaw Paramount Pictures. After launching a successful clothing export company out of Afghanistan and India, Freston transitioned into the media landscape, helping found MTV and bringing it to international fame in more than 150 countries. Before his Viacom roles, he ran MTV Networks for seventeen years, overseeing Nickelodeon, VH1, Comedy Central, and other legendary networks.

In addition to currently serving as the Principal of consulting and investment firm Firefly3, Freston also recently released his memoir, “Unplugged Adventures from MTV to Timbuktu,” which details some of his more unique experiences as he rose through the ranks of the entertainment industry. Tom discusses his unparalleled career as well as some of the pressing issues in the media business today, including the ongoing battle between Netflix and Paramount Skydance over control of Warner Bros. Discovery. Tom speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

Tom Freston is a cofounder of MTV and the former CEO of Viacom, where he oversaw Paramount Pictures. After launching a successful clothing export company out of Afghanistan and India, Freston transitioned into the media landscape, helping found MTV and bringing it to international fame in more than 150 countries. Before his Viacom roles, he ran MTV Networks for seventeen years, overseeing Nickelodeon, VH1, Comedy Central, and other legendary networks. In addition to currently serving as the Principal of consulting and investment firm Firefly3, Freston also recently released his memoir, &ldquo;Unplugged Adventures from MTV to Timbuktu,&rdquo; which details some of his more unique experiences as he rose through the ranks of the entertainment industry. Tom discusses his unparalleled career as well as some of the pressing issues in the media business today, including the ongoing battle between Netflix and Paramount Skydance over control of Warner Bros. Discovery. Tom speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily.

MTV Pioneer on the Future of Media and Entertainment

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7dd98df9-a3ad-4745-9521-b3fa0177ad5b/transcript

Day Two Live from the Future Proof Festival

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