The Commercial Investing Show

Jason Hartman talks with Bill Janeway, an active venture capitalist, director of Magnet Systems and O'Reilly Media, Chairman of the Board of Trustees of Cambridge in America, and author of the recently revised and updated book Doing Capitalism in the Innovation Economy. The two discuss the 3 player game and the government's role on both the supply and demand side of the market, the digital revolution and the coming green revolution.

Key Takeaways:

[1:27] How the thesis of the 3 player game came about

[5:24] There are markets that need government pushing the supply side of things for driving innovation, but sometimes the government even needs to be on the demand side, adding income to support the economy

[9:17] If the government hadn't jumped in on the demand side in the 2009 recession history has shown us what would have happened

[11:21] Wherever there's a market for assets there will be bubbles

[17:05] Why the digital revolution made Bill extend his book

[24:05] We've got a new challenge, a new technological revolution, which is the need for a new, green revolution

Website:

www.BillJaneway.com

Direct download: CI_144_Bill_Janeways.mp3
Category:general -- posted at: 7:03pm EST

Jason Hartman talks with John Tamny, director for the Center for Economic Freedom, Editor of Real Clear Markets, and author of Who Needs the Fed?: What Taylor Swift, Uber, and Robots Tell Us About Money about why he believes the Fed doesn't have anywhere near the power they're given credit for, why their policies aren't effective in today's world, and why demographics may not be as useful as they're believed. John & Jason also discuss the impact of automation on all aspects of our life. John is excited about what all of this change will mean for the common worker and believes it will lead to higher quality of life for all.

Key Takeaways:

[2:15] How Uber made John realizing something about the Fed

[5:59] The importance of the Fed is vastly overstated

[11:01] The idea that the rest of the world is in on some deal where they hold worthless treasuries isn't realistic

[13:58] Demographic arguments regarding Japan don't hold a lot of weight with John

[17:44] Money flows to its highest use, regardless of the Fed

[22:13] Automation is going to lead into a surge in new kinds of jobs

[26:55] The demand for entertainment and service is going to explode

[28:44] Tamny's Law: as prosperity grows more and more people escape laziness because they find work they love

[30:24] John's thoughts on Universal Basic Income

Website:

www.RealClearMarkets.com

Direct download: CI_143_John_Tamny.mp3
Category:general -- posted at: 7:19am EST

Jason Hartman talks with Dr Andy Krause, Principal Data Scientist at Greenfield Advisors and AVM Analytics, about the state of automated valuation models (AVMs), the potential future for AVMs, how they work, and what practicalities are slowing their development down. The two also discuss the wide range of uses AVMs have, how they're going to be changing moving forward, and how short-term rentals are impacting housing markets across the country.

Key Takeaways:

[1:16] The biggest AVM people know about is Zillow

[2:18] The science (and accuracy) behind current AVMs

[5:11] 2 things that are stopping a database from happening that would significantly improve appraisals

[9:42] How does the AVM come up with a value?

[15:17] What the AVMs do outside of simply valuing individual homes

[17:38] The future of AVMs

[20:57] The effects of the short-term rental market on the overall housing market

Website:

www.GreenfieldAdvisors.com

www.AVMAnalytics.com

Direct download: CI_142_Andy_Krause.mp3
Category:general -- posted at: 4:27pm EST

Jason Hartman talks with Natalia Karayaneva, founder of Propy, about how the blockchain can be used in real estate transactions. The main purpose of doing so is that it can drastically reduce closing costs, and potentially eliminate the need for title insurance in the future (if states allow it). Jason and Natalia look at the uses for Propy and how it can be used both in and outside of the United States.

Key Takeaways:

[1:30] How can the blockchain be used in the real estate world?

[8:26] Do countries outside the US needs this more than the US does?

[13:04] Propy is mostly going to be cutting down on closing costs

[14:12] How do you use Propy in real life?

[18:54] What's the future for Propy?

Website:

www.Propy.com

Direct download: CI_141_Natalia_Karayaneva.mp3
Category:general -- posted at: 12:00pm EST

In this 10th episode, Jason Hartman talks with Dr. Robert Whaples, Professor and Chair in the Department of Economics, Wake Forest University and co-editor and managing editor of The Independent Review. The two discuss the current Pope's world view and the nature of the Catholic church today.

Key Takeaways:

[2:58] What is Pope Francis' world view?

[7:23] How the economy is connected to the environment in the Pope's world view

[13:02] Do we need environmental regulations and taxes?

[14:49] Have we just exported our pollution?

[20:05] Where does the Catholic church come in on the uneven playing fields of markets and oligarchies

Website:

www.Independent.org

Direct download: CI_140_Robert_Whaples.mp3
Category:general -- posted at: 9:51pm EST

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