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60 Seconds of Risk with Brian Hunt
United States
Приєднався 4 лют 2022
Got some exciting news for my professional network as I launch my new video series called "60 Seconds of Risk". So whether you live in Dallas, New York, London, or Tokyo, I hope you find this initiative beneficial as you think about dealing with risk in your daily lives. Please send me a message or post a note here if there are certain topics you want me to cover, or if you would like to be interviewed yourself. See you soon!
Ep. #128 - How Tariffs Can Increase Inflation Risk
As trade policy takes center stage in the current election cycle, the impact of tariffs on inflation demands our attention. While tariffs are often presented as tools to protect domestic industries, they can trigger significant price increases across the economy. When a country imposes tariffs on imported goods, those additional costs typically cascade through supply chains and ultimately reach consumers.
In this episode, we explore the concept of tariffs. Specifically, when tariffs are imposed on materials like steel, aluminum, or lumber, contractors must absorb these increased costs or pass them along to clients. These price hikes don't just affect individual projects - they ripple through the entire economy. A 10-25% tariff on building materials can lead to higher costs for everything from residential housing to commercial development, contributing to broader inflationary pressures.
When it comes to understanding inflation drivers, never underestimate the impact of trade policy. What starts as a tariff on specific imported goods can quickly evolve into widespread price increases across multiple sectors. Don't learn the hard way that trade decisions made today can significantly impact your business costs and consumer prices tomorrow.
In this episode, we explore the concept of tariffs. Specifically, when tariffs are imposed on materials like steel, aluminum, or lumber, contractors must absorb these increased costs or pass them along to clients. These price hikes don't just affect individual projects - they ripple through the entire economy. A 10-25% tariff on building materials can lead to higher costs for everything from residential housing to commercial development, contributing to broader inflationary pressures.
When it comes to understanding inflation drivers, never underestimate the impact of trade policy. What starts as a tariff on specific imported goods can quickly evolve into widespread price increases across multiple sectors. Don't learn the hard way that trade decisions made today can significantly impact your business costs and consumer prices tomorrow.
Переглядів: 5
Відео
Ep. #127 - If Your Construction Project Takes Longer, Can You Extend Your Builder's Risk Policy Too?
Переглядів 721 день тому
Before you start a construction project, your schedule will help you understand how long a project will take. Consequently, your builder’s risk insurance coverage will provide coverage based on that schedule. However, sometime projects can take longer than anticipated. Can you builder's risk insurance coverage be extended as well? In this episode, we go on assignment to Barcelona, Spain to visi...
Ep. #31 - Risk On / Risk Off - Conversation with Scott Friend, Founder of The Construction Veteran
Переглядів 2228 днів тому
As of June 2024, there were approximately 295,000 open construction sector jobs in the United States, according to the Bureau of Labor Statistics. At the same time, approximately 200,000 U.S. service members leave the military each year. Sounds like there might be a solution in here somewhere. During this episode of “Risk On / Risk Off”, we talked with Scott Friend, the founder of The Construct...
Ep. #126 - Importance of Knowing What Your Insurance Covers with Emily Ackerman, Bennett Thrasher
Переглядів 2128 днів тому
The purpose of insurance is to provide a mechanism so you can transfer a risk from your personal balance sheet to an insurance carrier. However, whether a certain peril is covered (e.g., fire, flood, etc.) is determined by the wording in your contract. In this episode, I sit down with my good friend, Emily Ackerman of Bennet Thrasher. During our discussion we examine her first-hand experience i...
Ep. #125 - Basics of How Your Commercial Auto Insurance Premium is Calculated
Переглядів 81Місяць тому
Ep. #125 - Basics of How Your Commercial Auto Insurance Premium is Calculated
Ep. #124 - Think you Can Time the Market...Think Again
Переглядів 38Місяць тому
Ep. #124 - Think you Can Time the Market...Think Again
Ep. #123 - The Fundamentals of Excess Insurance
Переглядів 49Місяць тому
Ep. #123 - The Fundamentals of Excess Insurance
Ep #122 - Book Review "Nuclear War: A Scenario” by Annie Jacobsen
Переглядів 159Місяць тому
Ep #122 - Book Review "Nuclear War: A Scenario” by Annie Jacobsen
Ep. #121 - Book Review "The Algebra of Wealth" by Scott Galloway
Переглядів 2532 місяці тому
Ep. #121 - Book Review "The Algebra of Wealth" by Scott Galloway
Ep. #120 - To Convert to Condos, or Not to Convert to Condos...
Переглядів 262 місяці тому
Ep. #120 - To Convert to Condos, or Not to Convert to Condos...
Ep. #119 - Pick a Broker...but Just One Broker
Переглядів 262 місяці тому
Ep. #119 - Pick a Broker...but Just One Broker
Ep. #118 - Distressed Asset Acquistion 101 (v.7) with Steven Paul Matsumoto
Переглядів 432 місяці тому
Ep. #118 - Distressed Asset Acquistion 101 (v.7) with Steven Paul Matsumoto
Ep. #30 - Risk On / Risk Off - Conversation with Chris Wegman & Maximilian Glodde
Переглядів 1252 місяці тому
Ep. #30 - Risk On / Risk Off - Conversation with Chris Wegman & Maximilian Glodde
Ep. #117 - Do You Need Insurance if Using a Self-Storage Unit?
Переглядів 723 місяці тому
Ep. #117 - Do You Need Insurance if Using a Self-Storage Unit?
Ep. #29 - Risk On / Risk Off - Conversation with Chris Moss, Compass Risk Services
Переглядів 1203 місяці тому
Ep. #29 - Risk On / Risk Off - Conversation with Chris Moss, Compass Risk Services
Ep. #116 - How Utility Service Interruption Coverage Works
Переглядів 483 місяці тому
Ep. #116 - How Utility Service Interruption Coverage Works
Ep. #28 - Risk On / Risk Off - Conversation with Norma Lehman, Boundless Potential
Переглядів 393 місяці тому
Ep. #28 - Risk On / Risk Off - Conversation with Norma Lehman, Boundless Potential
2024 Sparkman Estates 4th of July Parade
Переглядів 503 місяці тому
2024 Sparkman Estates 4th of July Parade
Ep. #115 - Book Review "New Cold Wars" by David Sanger
Переглядів 494 місяці тому
Ep. #115 - Book Review "New Cold Wars" by David Sanger
Ep. #114 - The Debt-to-Equity (D/E) Ratio
Переглядів 6924 місяці тому
Ep. #114 - The Debt-to-Equity (D/E) Ratio
Ep. #27 - Risk On / Risk Off - Conversation with Glenn Hart, LinkedGlenn
Переглядів 334 місяці тому
Ep. #27 - Risk On / Risk Off - Conversation with Glenn Hart, LinkedGlenn
Ep. #26 - Risk On / Risk Off - Conversation with Jennifer Warren, Concept Elemental
Переглядів 784 місяці тому
Ep. #26 - Risk On / Risk Off - Conversation with Jennifer Warren, Concept Elemental
Ep. #113 - Vacation Crisis Management 101
Переглядів 194 місяці тому
Ep. #113 - Vacation Crisis Management 101
Ep. #112 - Plan for the Worst, Hope for the Best (Part II)
Переглядів 285 місяців тому
Ep. #112 - Plan for the Worst, Hope for the Best (Part II)
Ep. #111 - How Does a Percentage Deductible Work?
Переглядів 355 місяців тому
Ep. #111 - How Does a Percentage Deductible Work?
Ep. #110 - What Exactly is a "Nuclear Verdict"
Переглядів 695 місяців тому
Ep. #110 - What Exactly is a "Nuclear Verdict"
Ep. #109 - Distressed Asset Acquistion 101 (v.6) with Steven Paul Matsumoto
Переглядів 365 місяців тому
Ep. #109 - Distressed Asset Acquistion 101 (v.6) with Steven Paul Matsumoto
Ep. #108 - The Return on Assets (ROA) Ratio
Переглядів 4936 місяців тому
Ep. #108 - The Return on Assets (ROA) Ratio
Ep. #25 - Risk On / Risk Off - Conversation with Matt DeSarno, Verfico Technology
Переглядів 686 місяців тому
Ep. #25 - Risk On / Risk Off - Conversation with Matt DeSarno, Verfico Technology
Ep. #107 - Book Review "The Coming Wave" by Mustafa Suleyman
Переглядів 4186 місяців тому
Ep. #107 - Book Review "The Coming Wave" by Mustafa Suleyman
Ford Edge 2024 is a piece of junk. Bought a brand new car and engine noise is so loud. Dealer gave a test ride on good car while the one delivered has loud engine noise within 100Kms. Called another dealer who says these cars make engine noise and thts normal. Ford cost cutting engineers removed engine cover as well as the lining from hood. Pathetic experience to buy this loud junk. Wish I could sell it right after 1000 KMs. Horrible experience driving with such a loud engine noise as if something is going to burst.
Thanks for your input. Sorry to hear about your experience.
This was helpful.. thanks!!
Glad you found it beneficial
I saw a Tom Barnett presentation a yr or so after 9/11, then read ‘The Pentagons New Map’ …like 4 times! For the next couple yrs it was a major layer of my worldview & quoted in at least a dozen of my college papers. 😂 How embarrassing!! 🙄 Simply put, the world TB presents-its structure, its problems, the real powers & forces shaping it-are a deceptive fiction. Terror & non-integration were never the enemy of America or the old western world. One world everything collectivism was precisely the problem and “terror,” as it were, was made the fuck up! Now, I haven’t read a thing T.B. has written in over a decade, but I’m confident he’s all misdirection…maybe the environment or biosecurity? Or China, Russia, or Ukraine? 🤷♂️😂The truth is, we’re deep in the NWO a decade now and nothing is what we’re still told it is. It’s damn near the opposite. Sorry for the rant but some clowns just get my goat! Read better books my man. Carroll Quigley, John MacArthur, The Bible! 😎👊
good content thanks
Thanks
So are you saying that if theres an exclusion added saying we wont cover wind storms and another that says we wont cover that in gulf states, does it become a positive because its saying we wont cover wind storms in gulf states but you live in oklahoma so we will cover wind storms in your area. If not then how does it become a positive?
Sam, thanks for the note. An exclusion to an exclusion in an insurance policy, often referred to as a "sub-limit" or "exception," essentially creates a carve-out from a broader exclusion. This carve-out effectively extends coverage to a specific scenario that would otherwise be excluded. In essence, it acts as a miniature endorsement, granting additional protection beyond the standard policy terms. To illustrate this concept, consider a construction project where general liability insurance is in place. The policy might include an exclusion for "completed operations," meaning the insurer would not be liable for damages caused by the insured's work after it has been completed and turned over to the owner. However, the same policy might also include an exception to this exclusion for "products" manufactured or sold by the insured. In this case, if a defective product manufactured by the construction company causes damage after it's been installed, the exception to the completed operations exclusion would provide coverage. This effectively extends coverage to a specific type of claim, acting as a mini-endorsement within the overall policy. I hope this helps. Thanks for subscribing to my channel.
Is it after tax deductible
Correct - net income reflects after taxes
How to unlock the trunk
If you Juno's You know! Thank you for sharing our growth.
My pleasure
Omg!! Is that Meav from Celtic Woman! I love her!
You know, I’m not sure.
It is her, I’m positive ❤
Thank you so much. Here we grow!
Absolutely!
Hey sexy turn on your video stability control and lol it's Android Auto 😅 Cute!
Thanks for the tips and feedback...and sexy to you too!
LOVE this topic! It is such a massive industry with so many differences. More Marine Topics Plz. 🖤☺️
Thanks for your input. Happy to add more marine topics. Got a trip to FL and CA soon so I'll have some nice background to discuss these topics.
Can the retained limit be applied to only certain perils? Ex: Commercial Umbrella
Thank you....
My pleasure.
I always follow your videos and like the videos very much
Thanks! Means a lot.
Do you want to grow your YT channel ?
Thank you again for your support.
Any time Steven Paul! It's a pleasure to have a front-row seat to this story.
could you please just go one by one over whats a carrier etc ? i feel lost
Sure. In short, a carrier is the actual insurance company you bind coverage with like a State Farm or a Zurich. If they are an admitted carrier, you don't need to use a wholesale broker - your broker can go directly to these types of insurance companies. If they not are not admitted, then the use of a wholesale broker is needed.
But why insured go with wholsaler with broker
Great show. Like the M/F question around the 50 min mark. 52 min mark admits he is starting to understand Crypto currency.
Thanks for your comments. Glad you liked the interview.
Sounds like he was a good guy Southsice and White Sox
Do you have an update on this? For example, what businesses have done to mitigate the threats? I have read the book and it seems kind of stuck in a certain time period and may not be aging well.
Thanks for your input, Alan. The book was written about three years ago, and when it comes to the risk of cyber-attacks a lot can change in three years. I can tell you that in the current insurance market, its near impossible to get a good insurance policy if you don't have two-factor authentication in place. Also, carriers like Coalition and Resilience provide a proactive approach (e.g., active scans of networks) to help their clients become more resilient. On a related note, I'm almost done with "The Coming Wave: Technology, Power, and the Twenty-first Century's Greatest Dilemma" by Mustafa Suleyman. I will be doing a review of this book in the coming weeks, and I can tell you the implications of AI with regards to cyber-attacks is rather chilling. The section on quantum computing makes me want to get off the grid and head to the mountains.
Just terrific to see Steve doing so well!
He knows what he is doing.
Thank you for your support
The guy playing the beer belly with the pint is awesome
Indeed!
Oh interesting, Tigh Cóilí (Galway, Ireland), ok ok !. Thanks a lot for sharing, plus adding useful information. Greets !
Glad it was helpful!
The 15% that you said.. should be in what time period ..
Key thing to remember is that net income is a data point on the income statement, so it will revert to zero at the end of the FYE. So, best to use this ratio each quarter to gauge performance during the year. At the end of each FYE, you can use the ratio to compare the trend against prior years.
You can calculate the ratio on a monthly, quarterly, or yearly basis, but know that when comparing your ratio to the ratio of your peers those ratios are done on an annual basis.
Thanx for explanation..
My pleasure
Thank you Brian!
My pleasure!
Thank you for sharing our story! ❤
Our pleasure!
The joke requires more people to remember Upper Volta
Pentagon treasonous 100% they build China
What a lie, we have UNITED NATION and CLINTON in panama transporing people into American
billionaires in the usa need to start opening more compaines in mexico and extend our brands south
United Kingdom should become official states of USA were parent child countries to begin with
I guess more places like Puerto Rico and similar territory.. it sound like a good idea .and they are doing a great job. . 👌
This guy doing a great job a distraction of reality. Its crime and corrupt politicians. That make people moves.
Wish this guy was on Twitter
How is Europe incorporating “mergers & acquisitions”??
Thank you, real good advice - safety always comes first! Years ago my chiropractor happened to observe me riding my bike one day without a helmet. Next time I visited her for a treatment she started off the session by scolding the hell out of me like she was my 3rd grade school teacher and I was an eight year old for being so stupid as to put my brain health at such risk. I got the message loud and clear! Now I wouldn't dream of riding my bike without my helmet which is in fact one of those heavy duty models that looks more like a geeky football helmet, but who cares because it is specifically designed to better protect one's whole head from hitting the pavement in case of a spill. So I applaud you for your public service. Keep up the good work it because it really could be a matter of life or death.
Thanks for sharing your story. Appreciate your kind words. Take care out there.
My pleasure
Thank you very much for all your support Brian!
My pleasure
At 54 years of age I can honestly say there is no acclimation for some of us. I work out in the sun all day. I could drink a lake and eat healthy. It doesnt change the fact that after 10 hours I am toast. By Friday I am generally trying to figure out what I did wrong in life to end up where I am.
Would you mind sharing what line of work you do, how long you've being doing it, and what part of the country you live in?
@@DallasCPA Equipment technician last 10 years. Asphalt industry previous 20 years. South Alabama.
@@mattozx6rr That is hard work for sure. This heat wave isn't helping. Thanks for sharing. Take care of yourself.
Great info Brian
Glad it was helpful!
Clay is always looking forward, and to a more distant horizon. Solid conversation and perspective on what's next, and why. The universal building concepts that Clay touched on, will be key to future-proofing our communities.
Love the ATM shirt… Gig ‘Em!
easily explained, thanks!
Thanks for you feedback
Excellent video no one is doing videos on this topic. It would be great to see more with upto date statistics ..A real big job...will the industry look radically diffrent over the next 5yrs..How will states and local government revenues be affected
Only 3 comments why ? Where have you been why should we trust you please how do I learn more...beefsteak tomato
Been looking for this dude for a while
Great episode Brian - a lot of good information!
Glad it was helpful!
choppin down the book, i follow peter zeihan and like alot of his stuff. but worried about what that means for the changing world order.
It's population growth that's scary, Population decline is good for the entire planet and only hurts corporations that want to grow grow grow. Let's think about what China would be like now if they had not implemented the one child policy.