OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish pace of investment in artificial intelligence.
Anthropic refused to take orders from the Pentagon. What happens next could mark a crucial moment for the company, and for the American government's approach to AI regulation more broadly.
Tech has never caused a job apocalypse, so don't bet on it now. Neither theory, history nor the latest data suggests a recession driven by AI job dislocation is likely.
The publicly available chatbots, effectively the best universal manifestation of artificial intelligence we have, feel more or less the same. That is, commoditized
The average 30-year fixed mortgage rate fell to 5.98% this week, the lowest since September 2022. It marks the first time rates have cracked the psychologically important 6% threshold in more than three years, but economists remain skeptical the decline alone will thaw a housing market stuck at 30-year lows.
Between 2019 and 2022, over 300,000 accountants and auditors left the field. That's a 17% drop, according to the U.S. Bureau of Labor Statistics. The Wall Street Journal called it a “brain drain of historic proportions.” This tax season, you might need an accountant more than ever.
They say no one ever regrets paying off their mortgage early. No one regrets putting money into the stock market and letting it compound for multiple decades either.
What if I told you that getting a college degree provides no long-term financial benefits unless you get married? What if I told you that the typical single business owner is wealthier than most married couples who don't own businesses?
For decades, mattering is built into the architecture of your life. You don't have to think about it because it comes with the roles you're filling. Once that part of your life starts winding down, you can distract yourself with your busy calendar or your growing wealth, but it's not the same thing. What happens when you stop feeling needed?
The 4% rule has guided retirement planning since 1994 — but it was designed for 30-year retirements, not the 50-year horizon a physician retiring at 45 is looking at.
It's still pretty early in the year and the perfect time for doctors to make better financial decisions. Here's how.
Upcoming Event
Stop Reading. Start Acting.
I'm hosting a live session with Jon Spitz, Head of Capital Formation at Lightstone Direct, where we tear apart these numbers together. No fluff. No sales pitch disguised as education. Just me asking the questions you'd ask, and Jon answering them without the usual marketing spin.
Here's why I agreed to co-host this: Jon manages billions in workforce housing and industrial properties. He knows where bodies are buried. And I'm a physician who's spent years helping doctors avoid getting taken advantage of by slick investment presentations.
You work too hard to hand your cash over blindly.
Here's What Happens When You Show Up:
Real deal breakdowns. Jon will walk through specific properties his firm owns. I'll interrupt with the questions you're thinking but might not ask. We'll examine projected returns and discuss what could tank the numbers. I'll make sure we look at where problems hide in the fine print.
The sponsor interrogation checklist. I've developed five questions that separate legitimate operators from smooth-talking marketers. Jon will answer all of them. On camera. With specifics.
Tax strategies for high W-2 earners. Does depreciation actually matter when you're pulling $400K annually? We'll run scenarios. Jon handles the structure side. I translate what it means for your tax return.
Direct access to someone managing billions in these asset classes. You can ask Jon anything. I encourage aggressive questioning. That's literally why I'm there.
Live Q&A where we answer what you're actually thinking and what you need to know before making any decisions.
When We're Meeting:Date: March 5th Time: 12 PM ET Where: Online, from wherever you are Cost: Zero
Seats fill fast because we cap attendance intentionally.
Look, I'm not here to convince you that commercial real estate belongs in every physician's portfolio. Maybe it does. Maybe it doesn't. Maybe you're better off in index funds and calling it a day.
But you should at least understand what you're saying no to.
I've sat through enough “educational” webinars that were thinly veiled sales presentations. This won't be that. Jon knows I'm going to push back on behalf of the physicians in the room. He's agreed to that format. Which tells me he's confident in what they're doing.
Show up. Learn something. Get answers to questions you didn't know you should ask. Then decide.
Talk soon,
Jorge Sanchez, MD
Can't make the live session? Register anyway. We'll send the recording. But you'll miss the live back-and-forth where I ask Jon the questions you're thinking, and we dig into the details that matter most. That's usually when things click for people.
