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  • PAIN to PROFIT$: Jocko's Silver Lining Playbook, AI Generated Presentations, Tesla Stiffs Local Business, and 20 Minutes to Save America

PAIN to PROFIT$: Jocko's Silver Lining Playbook, AI Generated Presentations, Tesla Stiffs Local Business, and 20 Minutes to Save America

Plus: Capital One Buys Discover, Mortgage Delinquency is Climbing, and WNBA vs NBA Debate Goes Viral.

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$TREET $MART
Intentional Suffering = Resilience

Embracing intentional suffering through physical training is not just about enhancing physical strength; it's a profound strategy to fortify resilience in every facet of life.

When you deliberately push your body to its limits, you're not only testing your physical endurance but also tempering your mental, emotional, and spiritual resolve.

This practice introduces us to Eustress, a positive form of stress, which serves as a crucible for toughening our inner resilience. It's about conditioning ourselves to face life's unpredictable challenges with a hardened yet adaptable spirit.

By intentionally venturing into these physically demanding realms, we gain a unique perspective. This self-imposed adversity recalibrates our understanding of stress, making the everyday hurdles we encounter seem more manageable.

It's about building a robust mental framework where what once seemed insurmountable now feels within our grasp. When we intentionally suffer, we don't just train our bodies; we sculpt our very ability to withstand, adapt, and thrive amidst the inevitable storms of life and business."

PAIN POINT$
Pay Gap in Men’s & Women’s Sports?

The NBA and the WNBA are businesses. The NBA has not only been around longer, but the difference between the NBA’s revenue at $10.5 billion compared to the WNBA’s $60 million staggering. $10.5 billion is 175 times greater than $60 million. ​

PUL$E
CMBS Commercial Mortgages Delinquency Rates Rise

In January 2024, the Trepp CMBS Delinquency rate experienced a modest increase, rising by 15 basis points to 4.66%. Notably, the office sector saw a significant rise in delinquencies, with a 48 basis point jump to 6.30%, marking the largest increase since September 2023. In contrast, the multifamily segment recorded a notable decline, falling 71 basis points. This decline was largely due to the resolution of a major single-asset, single-borrower apartment loan in San Francisco.

When considering loans that are past their maturity but still paying interest, the delinquency rate would be 5.62%, up 13 basis points from the previous month. Loans that are 30 days delinquent increased slightly by one basis point to 0.24%.

The overall US CMBS delinquency rate has risen year-over-year by 172 basis points. The rate of loans that are seriously delinquent (60+ days overdue, in foreclosure, REO, or non-performing balloons) is now 4.42%, up 14 basis points for the month. Excluding defeased loans, the delinquency rate stands at 4.88%, an increase of 16 basis points from December.

For the CMBS 2.0+ segment, the delinquency rate increased by 19 basis points to 4.50% in January, a significant rise of 178 basis points year-over-year. The rate of seriously delinquent CMBS 2.0+ loans is now 4.26%, an 18 basis point increase for the month.

Analyzing delinquency rates by property type for CMBS 1.0 and 2.0+, industrial sector delinquencies fell to 0.40%, while lodging rates increased to 5.46%. The multifamily rate saw a substantial drop to 1.91%, and the office rate escalated to 6.30%. Retail delinquencies decreased to 6.27%.

In the CMBS 2.0+ category, industrial delinquencies were down to 0.30%, lodging delinquencies rose to 5.41%, multifamily rates decreased to 1.91%, office delinquencies increased to 6.19%, and retail delinquencies fell to 5.74%.

BRAND DAMAGE
20 Minutes to Save a Nation

You may have seen clips from this speech floating on the net over the weekend.

While it’s not always the case today, this whole video is greater than the sum of its parts.

Consider the context, a visiting leader of a foreign nation, a nation coming out of the very throws of a course the hosting nation seems to be speeding toward, comes on their soil and says “you’re the frog in boiling water.”

The audacity!

Who does the guy think he is!?

Maybe just the right guy to wake up those among them with the most to lose.

Xcelerated Performance
Good” is a Mindset

"Good" is a mindset and approach to life's challenges and setbacks. This concept gained widespread attention through one of his podcast episodes, where he discussed how to deal with difficult situations. The essence of Jocko's "Good" philosophy is about finding the positive aspect or opportunity in every situation, no matter how challenging or negative it may seem.

When confronted with a problem, setback, or failure, Jocko suggests responding with the word "Good." This isn't about being dismissive or overly optimistic but rather about acknowledging the situation and then looking for a silver lining or a chance to learn and improve. For instance, if a project fails, one could say "Good," implying that this is an opportunity to learn from mistakes. If someone doesn't get the job they wanted, "Good" might mean there's more time to get better and prepare for other opportunities.

Jocko's approach is grounded in his Navy SEAL background, where resilience, adaptability, and a positive mindset in the face of adversity are crucial. By embracing the "Good" philosophy, individuals train themselves to focus on potential growth and learning opportunities inherent in every challenge, rather than dwelling on the negative aspects. This mindset fosters resilience, persistence, and a proactive approach to life's challenges, both personal and professional.

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