MONEY MATTERS with Christopher Hensley

It's true that Maria Konnikova had never actually played poker before and didn't even know the rules when she approached Erik Seidel, Poker Hall of Fame inductee and winner of tens of millions of dollars in earnings, and convinced him to be her mentor. But she knew her man: a famously thoughtful and broad-minded player, he was intrigued by her pitch that she wasn't interested in making money so much as learning about life. She had faced a stretch of personal bad luck, and her reflections on the role of chance had led her to a giant of game theory, who pointed her to poker as the ultimate master class in learning to distinguish between what can be controlled and what can't. And she certainly brought something to the table, including a Ph.D. in psychology and an acclaimed and growing body of work on human behavior and how to hack it. So Seidel was in, and soon she was down the rabbit hole with him, into the wild, fiercely competitive, overwhelmingly masculine world of high-stakes Texas Hold'em, their initial end point the following year's World Series of Poker.

Maria Konnikova is a writer and student of human behavior, and ultimately the point was to render her incredible journey into a container for its invaluable lessons. The biggest bluff of all, she learned, is that skill is enough. Bad cards will come our way, but keeping our focus on how we play them and not on the outcome will keep us moving through many a dark patch, until the luck once again breaks our way.

To find out more about Maria Konnikova visit:

https://www.mariakonnikova.com/

More about Houston Money Week visit: www.Houstonmoneyweek.org http://www.cheatsheet.com/personal-fi... Financial Advisor Magazine Articles: http://www.fa-mag.com/news/advisors-s... http://www.fa-mag.com/news/on-it-s-80...

You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/vie... or www.moneymatterspodcast.com #moneymatters #christopherhensley #houston #texas #KPFT #HoustonMoneyWeek #finance #financialliteracy #education

Direct download: MMEPISODE274.mp3
Category:Financial Literacy -- posted at: 8:48am PDT
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Lasting effects from the worst economic downturn in our lifetime are having a staggering effect on financial health. In fact, a recent survey from Frost Bank shows current financial health as a result of the pandemic is low, with two in five (40%) Americans citing their financial situation as fair or poor.
 
In a time when much is out of our control, we can control our thoughts and actions which are proven to make a difference. Frost’s research found that people who talk about their finances are 2x more likely to have better financial health. And, the people talking about money have something in common – optimism.
 
Michelle Gielan had a dream job at CBS News—and quit. As an anchor of two national news programs, she was disturbed by the amount of negativity in the news. She didn’t want a child walking through the room while she was doing her job, hearing her continually telling negative stories about the world. But her time at CBS News also showed her the incredible power we have to create positive change by broadcasting a worldview that is more empowered, optimistic, and solution-focused.
 
Michelle left her job as a broadcaster at CBS News to study positive psychology—the science of happiness and human potential—under Dr. Martin Seligman (known as the founder of positive psychology) at the University of Pennsylvania Positive Psychology Center.
 
Michelle’s research shows how your optimistic, empowered mindset is the most valuable resource in creating happiness and forward progress. Today, she runs the Institute for Applied Positive Research, investigating how mindset fuels happiness and success at organizations including Google, Boston Children’s Hospital, The Leukemia & Lymphoma Society, and Pepsi Co.—and the results have been remarkable.  Michelle has a regular series in Harvard Business Review on happiness at work and was named one of top 10 authors on resilience by HBR.  She is the author of Broadcasting Happiness: The Science of Igniting and Sustaining Positive Change.
 
Michelle has a B.S. in Computer Engineering from Tufts University and a Masters in Applied Positive Psychology from the University of Pennsylvania.

To find out more about Michelle visit:

http://michellegielan.com/

More about Houston Money Week visit: www.Houstonmoneyweek.org http://www.cheatsheet.com/personal-fi… Financial Advisor Magazine Articles: http://www.fa-mag.com/news/advisors-s… http://www.fa-mag.com/news/on-it-s-80… You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/vie… or www.moneymatterspodcast.com #moneymatters #christopherhensley #houston #texas #KPFT #HoustonMoneyWeek #finance #financialliteracy #education

Direct download: MMEPISODE273.mp3
Category:Financial Literacy -- posted at: 8:30am PDT
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According to the U.S. Department of Energy, the United States reached a wind power generating capacity of 82,000 megawatts in 2016. That year over 8,200 megawatts of wind capacity was installed, with the top states in terms of capacity being Texas, Iowa, Oklahoma, California, and Kansas. The first commercial offshore wind facility was completed as well, in Rhode Island, and 41 states had utility scale wind power available.

We were joined by Daryl Losaw and Samuel Gerbus of IceWind. The US operation will be based out of San Marcos, Texas, and helmed by Daryl Losaw, a modular home builder, investor, consultant, and entrepreneur. Losaw notes, “when I first saw the IceWind turbines in Iceland, I knew I had to bring them to market in the US. They are perfectly complementary with solar, a great stand-alone solution for very windy places, and a handy answer for small energy outdoor applications that will cut down on carbon from generators, diesel engines, and maintenance calls.”

IceWind’s US project manager Samuel Gerbus who spent several months in Iceland with the IceWind team last year notes, “We are so thrilled to bring the power, beauty, and reliability of IceWind’s turbines to the US, and know that this will be just the start of a new pillar of renewable energy in the US, home installed wind power.”

To find out more about ICEWIND visit:

https://www.icewindusa.com/

More about Houston Money Week visit: www.Houstonmoneyweek.org http://www.cheatsheet.com/personal-fi... Financial Advisor Magazine Articles: http://www.fa-mag.com/news/advisors-s... http://www.fa-mag.com/news/on-it-s-80... You can listen live by going to www.kpft.org and clicking on the HD3 tab. You can also listen to this episode and others by podcast at: http://directory.libsyn.com/shows/vie... or www.moneymatterspodcast.com #moneymatters #christopherhensley #houston #texas #KPFT #HoustonMoneyWeek #finance #financialliteracy #education

Direct download: MMEPISODE272.mp3
Category:Financial Literacy -- posted at: 11:28am PDT
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