Asset

So you've gone from rent to rent, HMOs, which you've stopped.

Asset-wise, so you're saying that you've got some blocks of flats, you've got some property that you own as well.

Yes.

So I have my own portfolio.

Abundance, economic growth, and a rising tide lift all boats.

On the race to the bottom, crab in a bucket, civil war, Asset concept, again, extreme.

Extreme, I will give it that.

They're all extreme.

Right.

Um, you talk about relationships becoming a measurable business asset.

A- and, and, uh, I love that concept because, you know, in business we're always trying to grow, and we think of assets, so we got to invest to, to get assets.

Um, and it, it, and that takes risk of capital and so on and s- so forth.

But, um, from a relationship sense, we're just really investing our time and our, our empathy.

And I think, yeah, declining, you know, earnings perhaps is one and maybe a lot of delayed deferred maintenance is another one.

But, you know, when you think about this business, if you're someone, if you're a searcher that has a lot of income, I almost put this in the category of a car wash or a yacht business or a luxury car rental business, short-term rental business, which you're probably not going to see on here, but yeah, Assets that you can buy in the form of a business with a lot of the value here is 900K of the 2 million purchase prices inventory.

But where you can get a huge write-off.

I just look at this and I see bonus depreciation.

So we're very excited about this partnership.

It's a collaboration between Asset and PayWord, as you said, and it's a very complementary collaboration.

On one side, PayWord and Kraken are bringing their digitally native distribution.

On the other side, you have London Stock Exchange that has a trusted market infrastructure.

So today we're going to dive into that.

David's new book, Business and Asset Values, how owners, buyers, sellers, lenders, and advisors should think about small business.

I'm really excited to dive in.

It's a practical book talking about judgment behind the numbers, not just evaluation and formulas.

From family offices to founders, we go beyond the numbers to unpack risk, legacy, and the human side of capital.

Host by the team at McNichol & Associates Asset Management.

Good morning, everyone.

Welcome to possibly the end of the summer, but who knows, we might get another leg.

That is why more companies are investing into not just models and tokens, but whole teams to support AI implementation across the business.

On today's episode, we will discuss the security and guardrails needed to carefully implement AI across enterprises, how Dylan expects AI to be utilized within the asset management industry, and what the future might look like for junior talent entering the workforce today.

Dylan, thanks for joining me on Alternative Realities.

Thanks for having me.

And why I ultimately came over to JPMorgan was I wanted to feel it at scale.

And so, you know, I spent a bit of time in the startup world and I saw the power of data and technology.

And I came over to JPMorgan when we first formed an AI team directly within the asset management line of business.

That was nine plus years ago.