This episode is brought to you by Acre Trader Financial LLC, making farmland investments

available to individuals through a simple online platform. Visit Acre Trader.com slash masters

for a free guide to this low volatility investment. Welcome to the good stuff. I'm Jacob

Schick, a third generation combat Marine. And I'm his co-host and wife Ashley Schick.

We believe everyone has a story to tell, not only about the peaks but the valleys they've

been through to get them to where they are today. We're joined by some amazing guests who share

the lessons they've learned that shape two they are and what they're doing to pay it forward and

give back. Listen to the good stuff on the iHeartRadio app Apple podcasts or wherever you get your podcasts.

This is Masters in Business with Barry Redholz on Bloomberg Radio.

This week on the podcast I have an extra special guest. His name is Richard Clarota. He is,

where do I begin? He's a managing director and global strategist for investing giant PIMCO.

He was also had served in the Bush White House in the Treasury Department and

informally as an advisor to various senior people in that administration. What was kind of

interesting to me is that a lot of people kind of came through that administration with their

reputation a little dinged up and Clarota really had no such issue. He went in and came out

really highly respected. He is incredibly insightful to things like the fiscal process

and how the Federal Reserve interacts with Congress and how their policies, how monetary policies

and fiscal policies affect each other. He has really an amazing understanding of government

programs and policies, economics, investment theory and where they all intersect. It really is not

the usual economics conversation. The process of looking at the world of finance and looking at

investing through that lens really is, makes for a wonderful conversation and PIMCO has found

that it's tremendously helpful to their process. I think you'll really enjoy this conversation.

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