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Balances and Buffett’s Best!


On today’s episode, The Chief and Karl discuss ties between business growth, the Fed, and a balanced economic system. Russell then comes in to talk cash flow, volatility, and how Warren Buffett chooses stocks. Finally, Hal joins the conversation with almanacs, puts, and public education.

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Guests & Co-Hosts

KARL DENNINGER

Karl Denninger co-hosts Stocks & Jocks during the 2nd hour every Friday morning. He is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member of the Tea Party movement.

Denninger was the founder and CEO of MCSNet in Chicago. Opened as Macro Computer Solutions, Incorporated in 1987, it expanded its service offerings in 1993 to become one of the area’s first commercial internet service providers. Among its customers was the Chicago Public Library, which relied on MCSNet for both internet access and web hosting. In 1997 he led a coalition of ISPs in setting up the Enhanced Domain Name System, a short-lived alternative DNS root which allowed registrants to add their own generic top-level domains. Denninger continued to run MCSNet until August 1998, when he sold it to Winstar Communications for an undisclosed amount. For his efforts, the Chicago Sun-Times dubbed him one of “the movers and shakers who brought Chicago into the Internet Age”. After the sale of MCSNet, he moved to the Southeast, where he began to devote more time to stock trading and political activism.

RUSSELL RHOADS

Russell Rhoads is the associate clinical professor of financial management at the Kelley Business School at IUPUI. His areas of expertise include behavioral finance, derivatives, market volatility, financial markets and bitcoin and cryptocurrencies. Rhoads most recently was a clinical professor of finance and director of the Master of Science in Finance Program at Loyola University in Chicago, where he taught corporate finance, investments, derivatives, investment banking and financial ethics, among other topics. He also has worked as the head of research and consulting at EQDerivatives; Head of Derivative Research at TABB Group; Director of Education at CBOE Global Markets and as a portfolio manager, equity option trader and equity analyst at a number of companies.

DR. HAL SNARR

Dr. Snarr currently teaches business quantitative methods courses, money and banking, macroeconomic principles and MBA economics and data analysis. He has taught a variety of other courses at Idaho State University, Washington State University, Duke University and North Carolina A&T State University, including college algebra, microeconomic principles, macroeconomic principles, sports economics, intermediate microeconomic theory, elementary business statistics, advanced business statistics, labor economics, mathematical economics, econometrics, money and banking and calculus-based microeconomics.

Snarr enjoys being in the classroom, experimenting with innovative teaching techniques, producing instructional YouTube videos for his highly regarded channel, The Snarr Institute, conducting & publishing research articles, and writing articles for periodicals like the Mises Daily.

Snarr is an active scholar who follows the advice of Mark Twain and Jennifer Egan: “write what you know” or “what you are curious to find out.” He studies the effects of government policy on employment, migration, fertility and participation in public assistance programs. He is skilled at Stata, and uses it to construct panel datasets from the Current Population Survey and policy variables that he codes from various public sources. Snarr recently published his 14th peer-reviewed article, two macroeconomic books, an article in the Mises Daily, and is finishing two books on labor economics. He enjoys sharing his research findings, insights, and policy recommendations in community forums, and newspaper and radio interviews. Snarr is known as Shooting Snarr on Chicago’s Stocks and Jocks morning talk radio show.