Okay, so welcome everyone to this session on integrating sustainability and climate change content in your course or program. My name is Oliver Lane. I'm the manager for teaching and learning at the UBC sustainability hub, which used to be called the sustainability initiative. So before we get started, I wanted to let you know that we'll be recording this session so that it can be shared with others on and off campus. This is what CTLT usually does with its programming. If you prefer not to be recorded, we invite you to turn off your camera, your video. If you're okay with being recorded, feel free to turn your video on. It's always nice to see some some faces, but only if you're comfortable to do so. And if you're having lunch, it's totally fine if you want to be eating while you're enjoying the session. I think we prefer to see faces than no faces. So the goal of this session today is to leave you inspired and encouraged to incorporate and enhance sustainability and climate change teaching and content. Maybe you're thinking about this for the first time, or maybe you've already been doing some of this work. In either case, we hope you can offer some ideas and some insights and some connections to support the work that you're doing or wanting to do. So we'll be hearing from some faculty members that work with us at the Sustainability Hub about their experience in engaging with sustainability and climate change education and about specifically some of the projects that they've taken on in the last year or two. And we'll be having a space as well for discussion with you and take your questions and your experience and your comments as well. I'm curious to know. So from all of you here, maybe I'd like to know who has already teaching climate change or sustainability in any way in their in their practice, and who is totally new to this. So maybe maybe you can choose any emoji except the one that raises your hand just any emoji to say if you have been teaching in any way climate change have engaged on climate change and sustainability. Just choose an emoji and let us know just to get a sense. So good, good mix, good mix of new to this fields and people who have already been teaching or at least experimenting with this. So I'm joining this call today from muskim unseated traditional and ancestral lands, and I invite you to share in the in the chat, whose lands you're joining us from. There are a number of resources available online to learn more about this native land dot CA is one of them that I recommend native dash land dot CA, you can find whose lands you're on and feel free to share in the chat. I was at my wife's UBC graduation ceremony last Thursday celebrating a very important achievement for her and for the family as a whole. And we were reminded in one of the speeches there at the event about the privilege that we have of having access to higher education, and above all the privilege of having access to education in this place in this space on this beautiful land. And we were invited to reflect on the responsibility that comes with that privilege. My wife and I arrived here in what was called Vancouver 14 years ago, as master students at UBC, and we're now raising a family and building our lives here. And over this time we've tried in very imperfectly to better understand the history of the people who have been here in this region for millennia, stewards and knowledge keepers of this land. So if you are like me an uninvited guest that's arrived here at some point in your life. I encourage you if you're not doing that yet to take that you take on that journey of learning and listening and understanding the history and take on the responsibility to support justice for indigenous peoples and ultimately for all future generations. And this concept is very much connected to the work that we want to discuss today about sustainability and climate change education, which ultimately has the goal of making sure that all the students that graduate from this institution and go out into society are equipped and empowered to the agents of change for a better and more just world for everyone. So I hope you can join that journey. So, before I introduce you to the panelists, and we start with that conversation I very quickly wanted to provide some context of where this work is coming from, and the sustainability hub where where I'm who I'm part of. So, and we'll also go through an agenda for talk briefly run through the agenda so that you know what how the how the session is divided and then I'll talk about the sustainability hub very briefly. So we'll have a panel discussion where we have for faculty members and a student will be sharing their thoughts on why this work is important, and what they think the role of universities is in supporting climate change and sustainability education. Then we'll hear from the faculty members who are working on specific projects, developing curriculum, and we'll hear from them their story of how they engage with this and how it's going and what worked on what didn't work, and how they're solving any issues that might come up. There'll be time for a few questions from you, if you're interested in asking a question through the chat on any about any of those projects. And then we'll break out into small groups, and that will be an opportunity for they will be facilitated by our faculty members and that will be an opportunity for you to share. Why you think this is important. What is the journey that you were on. What are the challenges that you might be encountering or how do you get started answering all those types of questions through through a conversation. And we'll end the session with some reflections from the different groups and hopefully send you off inspired into the world to do more of this good work. So I was going to say about the sustainability hub that was formerly called the sustainability initiative, which is a unit that I'm part of our mission is to inspire people to act upon the planet's most urgent challenges through UBC's academic and operational sustainability leadership. And so to do that we there are a number of things that we engage with and one of the main things is that we connect faculty, students, staff departments and teams to each other, we create those spaces for conversations and for learning. We curate and facilitate events conversations. We do a lot of our work in partnership with other groups on and off campus as well to integrate sustainability themes into teaching learning research and international engagement. And specifically and this might be of most interest to you when we when it comes to working with faculty we provide support through curriculum development grants teaching resources we create spaces for meaningful connections to happen. And one of those programs actually is the sustainability. Sorry, sustainability fellows program, and our four faculty members who will be on the panel today and presenting today are sustainability fellows. And that's a program that basically has a group of between 10 and 15 faculty members meeting every month to discuss their projects to engage with guests, guest speakers on certain certain that have certain expertise, and basically learn from each other to change ideas. So that's roughly what the sustainability fellows program is, and that is and I'll mention this towards the end this is open to to faculty across campus. So I think with that I'll pass it over to our panelists I want to very briefly introduce you to Delaney Austin, who is a student at UBC is in her fifth year, doing a dual program. And the integrated sciences and also in First Nations and indigenous studies. She'll be on the panel with us. We also have now our sustainability fellows, Dr Kerry Renwick from Department of Curriculum and pedagogy. Dr Sylvia Bartolic from the Department of Sociology, Dr Maggie Low from the School of Community and Regional Planning, and Dr Rob Kozak Dean of the Faculty of Forestry. So I'm going to pass it over to you. I'm going to get started I think Kerry will probably get us started. The questions that we have here is, are, why is this work that you're doing important to you. And what is the role of universities. The role of sustainability and climate education and feel free to add questions in the chat. We might have time to address those now or might come to addressing them later on in the session. Over to you, Kerry. Thank you Oliver. Welcome everyone it's lovely to see so much interest in what I think is such an important area. For me, in terms of responding to Oliver's questions about why I think this area of works important is without wanting to date myself too much. I read Silent Spring as a child and it had quite a profound effect on me. And certainly the way in which I engage with my work. It's relational. I have a background in partially in biology so relationships and interrelationships for me with those sorts of notions and idea are inevitable. So for me, I'm looking for ways in which Western universities can respond to the challenge particularly about global warming sustainability in a way that they haven't done previously. Cast in a Western view of the world in linear fashions that we through capitalism we take what we need and don't think what the long term consequences are is problematic for me. So I think the question's an idea about engaging with sustainability about living in a world with limited resources and not stealing the world and the land from our children are important motivations for me for engaging in this project. And when I chat a little bit later with the project that I'm working with Sylvia Bartolik with you'll see the some of the things that are guiding the work that we're engaging with and that we're trying to do. My interest started with a student I had a student do an honors paper on fast fashion, and this is not something that any of our courses in the family studies area or the family sociology area actually talked about so you know we, we talked about family studies and all kinds of other things but we didn't actually talk about value systems and the complex choices that people make in their everyday lives and so Kerry is going to present her project and you'll see how that sort of parallels what we do in our project. But this is where it started for me to thinking about, well, how do we get individual people on board, and it's not just convincing the one person but it's convincing their whole social circle to perform differently or try different things and it's also complicated by socio economic status and all these other factors so that was really my starting point just really getting interested in what are the dilemmas around these choices we make in our everyday lives, and I'll stop there and let someone else talk. Thanks and hello everyone and it's great to see such a great crowd here feel under pressure those were such terrific answers, but I'll just add to this by saying that to me. Sustainability is an ethical concept, it's like justice or fairness, you know, which says that things in the future, you know, should be better than they are at present, and I think that's a legacy that we need to leave for our students, but I also see it as a way of thinking like a skill set. So, in many ways it's like numeracy, or literacy, it just needs to sort of, you know, transcend all of our courses and all of our educational offerings. And one of the key messages I think, you know, based on some of the work that we're doing here in the faculty forestry is, you know, we need to better understand that delicate balance between the environment and society and the important role I think that and Carrie touched on this that consumption plays in a post material world.  And so we need to, as much as possible, bend away from that curve, those sort of atomizing forces to look more holistically at community based solutions, really bold and innovative and imaginative solutions and I think our education and our institution really need to reflect that sort of that sort of egos. Perhaps I'll stop there. Thank you. So I think to me, climate and sustainability education can kind of be seen as a strategy for coping with climate anxiety and as a precursor to the climate action that I think we know needs to happen to contribute to just and sustainable futures and growing up kind of maybe being the youngest one in the room. I grew up with a lot of ego anxiety. I had farmers in my family who were really stressed about climate change and the rain. I always, it's always about the rain and whether we're going to have it and what that was going to mean for their livelihoods. And I didn't really understand and I saw these really sad photos of polar bears and things like that and it was just really a bombardment of that. And I became really obsessed with recycling because I thought that was the solution to this like climate problem. And then in high school and university, I've been really fortunate to have these learning opportunities where I think I was really able to reduce my anxiety and feel a sense of empowerment through understanding that there's a need for this collective action. It's not only my responsibility as an individual, but it's definitely part of my responsibility. There are these like really wonderful networks, especially beyond the community beyond the university within communities that you can tap into to be doing this work. And I also think that in university is when I started to learn a lot about what it means to build a just future and knowing as a settler that my ancestors were involved in creating this climate of colonization and capitalism that now leaves us in the place that we're in today. I think just really motivated me to know that I have a responsibility to do better for future generations and also for my current generations and peers. So powerful. Anybody else want to share the comments Maggie. Sure. Yes. Thank you to my fellow panelists. Those are very powerful insights and welcome everyone. It is really lovely to see so many of you here. I think, I think for me, kind of what Delaney said about a sense of responsibility kind of kind of hit home. I do feel a huge sense of responsibility working in a privileged institution and colonial institution like EDC to really put time and effort and passion towards, you know, how do we contribute to a more equitable and just world. And for me, it's been a real journey. I started my degree. I started kind of my trajectory to where I am now in, in the field of environmental studies. And even before that in high school, I, you know, I was kind of a nerdy like camp kid and loved being outdoors and new, even in high school that I wanted to study environmental studies. And at first I thought of maybe the science biology group, but quickly realized I was actually more interested in kind of policy and governance. And I've kind of followed that trajectory as an environmental studies and then environmental science and then environmental studies, and to just watch the, the, the way we understand at least in Western world view the, the problems that we're facing. As particularly around sustainability and climate change to kind of be part of these conversations and follow it for a long time. And be able to care about it. I just, yeah, I just feel this like very, the sense of responsibility to stay attuned to it. And yeah, and being in, I mean, I'll go on this a little bit more later on but being connected to folks that feel similarly. And can help us understand these problems in like the various facets of the, of the problems is just really helpful and hopeful. Maggie, do you feel like you, you'd like to maybe get started with sharing about your project. Yeah, thank you so much so I have the great opportunity today to just very quickly talk about the project that I've been involved when involved in the last two years through the sustainability fellows program and I did the name of the project was sustainability education at UBC, what can we learn from participatory urban and indigenous planning. And I was part of a wonderful team, including Allison Earl, bill the covax who's a PhD candidate and a GRE on on the project and then a collaborator in the faculty of education, Rob Van Weinsberg. Next slide please Oliver. So really quick overview of our project we collaborated with Rob Van Weinsberg to think about how we could expand help expand the sustainability curriculum for pre service teacher candidates in the faculty of education and specifically students in the sustainability cohort of the teacher education program. And the idea was to enable teacher candidates by communicating the importance of participatory, democratic and indigenous planning and education for sustainability. And so to do this we put together for related sustainability oriented modules to be used in fourth year, a fourth year class for pre service teachers, but we quickly realized that these sustainability modules could be used to support sustainability curriculum, potentially in other disciplines or other units across UBC, and we did have a chance to kind of test that these modules in specifically the School of architecture and landscape architecture curriculum. So next slide please. So I won't get into too much of the details of the the modules themselves but we had one taught by me in indigenous community planning, another on participatory planning with children and youth that was taught by COVEX Tactical Urbanism by Allison Earl, and then another module about around systems thinking and happy to go into details of these modules later. But just to say that the way they were structured was the each of us taught a three hour essentially a three hour workshop on these topics in an existing course. Often we would try to order the modules in a particular way so I would start I would start my module first and then we'd have Ildy come in the next week to do hers on participatory planning, Allison the following week, and then the systems the systems thinking module would go either before or after our three. So next slide. And this is just a really quick rundown over the last two years where and how these modules have been taught so in various courses in education and in landscape architecture. And you'll notice that we were able to design these modules both well we were in a way had to design these modules, both for online and for in class teaching, which was I would say a really valuable while challenging very valuable experience over the last two years. And then next slide. Very quickly, just a couple lessons so these photos are from the very last module that I facilitated in an outdoor class, which was a very different from one of us, you know, starting from the first modules with online and everyone was new to it and zoom zoom land. But we originally had hoped and thought that the modules would kind of easily be able to be adapted to to go into many different courses fairly easily but of course realizing that a lot of time and energy needs to go into adapting each module to fit. You know the students and the course content and the instructor, each time that it is taught. Next slide please. Another interesting observation we made was there's quite a high level of, I would say kind of anxiety within students that that change from the first year to the second year. There was expressed through feedback that we received after a few after a few of the modules had been given and so. Yeah, interesting insights around how in the first year I think the importance and what we were trying to get across seem to land quite well with with many of the students and in the second year that was a bit more varied and we did receive more feedback around students kind of questioning the relevance of what we were teaching and so that was some really important feedback for us to consider. And then just the last slide. Lastly, one of the biggest learnings was or I mean, privileges of doing this work was working with this project team and being able to learn from other folks doing and teaching about sustainability in various ways and other parts of the university so getting getting to work with Rob LB and Allison was was a great pleasure. And I will leave it with I'll leave it there and pass it on to my other fabulous panelists to talk about their projects. Maggie if you had any tips for anybody who would want to get started on this kind of work faculty members would just arrived at UBC let's say. What would you. What would you share. Maybe the low hanging fruit but there are amazing resources at the Center for teaching learning and technology. So just by even being in these workshops or checking out some of the incredible resources that are there with huge help to me. My first year, my first year here and also in the indigenous initiatives workshops are fantastic. Ready to move on. Thank you Maggie. Moving on moving on to Rob's project what I missed saying at the beginning before Maggie started was that the three projects that we are sharing with you today. Our part, or were partly supported by the by a grant that we offer at the sustainability hub interdisciplinary education grant and as I said, additionally, the fact these faculty members are also sustainability fellows within within the sustainability hub. Okay, so Rob, we're ready to go. I have your first slide up. Great. Thanks. Thanks, Oliver. Yeah, so unlike Maggie's presentation. This this project is fairly nascent. We just got started on it. Last September. Let me just start by saying I'm really happy to be part of the sustainability scholars program so thank you for the opportunity. And it would if anyone is interested in this program I would definitely recommend it's just a great opportunity to sit down pretty casually and have some great conversations with with, you know a group of peers who are passionate about sustainability and climate change and so forth so definitely highly recommended. I'm going to talk about our projects with which as I said is fairly nascent. I should say that Steven shepherd, who many of you might know is the leader on this project and I'm very much writing on his coattails. But he's on holiday so so I'm going to be presenting this so if I misrepresent this I do apologize Stevens truly the leader on this project but we've got a number of folks involved. Who's the coon who's the project coordinator, you're in debt or who's in the Center for advanced with processing. Owen Croy, who is an adjunct professor in the Faculty of Forestry and an urban forester in the city of Surrey, and you're manoeuven and who's our assistant dean of professional programs. And so our project is called climate hacks in the community, a field course on community engagement. Next slide please. And you know it's built around an alarmingly simple notion of, you know, affecting meaningful and tangible change with respect to adapting to and mitigating against a warming planet by doing alarmingly simple things, you know at the scale of local communities. And so our project goal is is to develop an interdisciplinary field course where urban forestry and wood product students work together with the local residents and youth to design and install what we are calling climate hacks. So just a little bit of background here at Forestry is an inherently interdisciplinary faculty but but we had two programs that didn't really interact at all, urban forestry and wood products processing and so one of the many motivations behind this project was to create an interdisciplinary space for these two quite disparate groups of students to come together and work on an interesting project and the project that we devised was this thing around climate hacks. So next slide please.  And so, you know these are just when we refer to climate hacks where we're talking about really simple nature based actions and activities that can be taken at a community level, you know which when aggregated truly can have, you know, truly are effective tools for climate mitigation and adaptation. Next slide please. There we go. And so really simple examples like tree planting which has impacts on cooling cities, stormwater reduction, carbon sequestration and other ecosystem services, planter boxes for local foods and pollinators, shaded benches for gathering places and cooling, other shaded other simple shade structures and screens for cooling and growing local foods, lawn conversion for leaf litter retention to reduce water and fertilizer use, or the creation of signage to identify local climate actions. Next slide please. So, in this particular course so again we're going after these fairly simple community based climate solutions but we have four kind of overarching experiential learning objectives. The key one being for students to develop skills in community engagement so it's really a social goal if you will. The other three are around appreciating the value of interdisciplinary collaboration. Again, we're bringing two quite disparate groups together here. Understand how to implement climate action solutions at the community level, and applying students subject skills in the real world so we see this as, you know, in the end it's about students as agents of change within the communities doing what they can. Next slide. So, the course structure as we've mapped it out thus far again let me remind you that this is a fairly, it's fairly early days here. But the idea is that we would have two groups of students working on two community projects, at least for the sort of pilot running of this course. And the course itself will be covered in or will be offered over both the fall and the spring term, and will comprise four distinct activities. First initial workshops for kind of intensive learning so that's the sort of classroom based stuff but the second part will be field work and this is where students meet neighborhood champions and residents they assess sites they they look at built precedents they co developed plans with the communities and then ultimately implement the projects. The third component will be mentoring by instructors and professionals both in the fields of wood science and urban forestry. And the fourth component is a final report which documents the process and evaluates the, the outcomes of the project next slide please. In terms of the plan timeline, we are currently in phase one. Again just starting. So that would be developing and preparing the course package and coming up with our partnership arrangements and recruiting our students. Over the next year or so. Well, we will be delivering the pilot course as a direct study, starting in September, running all next year. In phase three would be the evaluation of those courses will tinker make improvements to the courses and the with the ultimate aim of finalizing the course offering, which is to say having a Senate approved course for not this academic year but next academic year. Next slide please. So in terms of our progress to date, we have met and consulted with the program directors from each of those two programs. The idea being, we want to figure out if there was room and elective freedom in each of the programs if it made sort of pedagogical sense to have a course like this. And so we worked with our program directors on that. And we also worked with them to identify students who had both the credit room and the interest in doing this course. And so the goal was to identify eight interested students for from each program for the pilot course. It says for students signed up so far actually the update is that we've got all eight students signed up now so we're good to go. An important part of this project that sort of discovery phase if you will was to identify community partners. And so what we're doing there is we're leveraging relationships that we've fostered through our collaborative for events landscape planning's cool hood champs program, which seeks to empower local citizens to take climate action through a series of DIY activities. And we're also and this is an important part of the course we're also identifying organizations for this this project to supply the materials. Hopefully we all know that trees and wood are one of nature's most effective tools for per sequestering carbon and combatting climate change. So an important aspect of this course was that we not use more trees than we have to in our built solutions. So we've partnered with the Vancouver Parks Board to use urban trees that needed to be felt either because of illness or age or safety concerns. We're working with an organization called unbuilders who demolish homes and resell the wood components. So we're using recycled wood or wood that would have been diverted to landfill or burnt. And then currently we're also developing our syllabus and our final schedule. So that's I think all I've got to say about our program thank you for your attention. Rob. What if I was going to ask you about how you're building those relationships with organizations in the in the community but you, you sort of explained that with partnerships that already existed and definitely a very important aspect of the project. The idea of the project is to have students engage in with with communities and work with communities and co develop sort of questions with communities and solutions that that really is our motivating learning outcome, if you will. Okay, thank you. Any, any questions from the audience for Rob I know there's a question, sort of a delayed question for Maggie. In a minute, but anything you'd like to ask Rob. Christina is asking do you need to get approvals from cities for any of these projects. Probably. But I think in general, we will see the extent of the project. If it's a large scale project and yes, we would need approvals. That's a very good question. But we are working closely with the city on this project so they're fully aware of what we're doing. Well, people think about questions for Rob I'll go back to a question for Maggie from Chloe. How did you and your team balance the theory and practice of the four themes or domains around which you develop the modules. Thanks Oliver and thanks Chloe I was just for your question and I was just kind of taking a quick answer but one of the. One of the ways that we did do that was to kind of balance theory and practice and given that each of the modules were kind of in a three hour, I would say workshop type format. We did have a structure where each module did have pre required readings or podcasts or videos. We tried to limit that to like one or two that we would ask each, we would ask the students to do a week before the module. We also had provided kind of the foundations and some of the theory part, and then each module did have more of an interactive piece built into it that would kind of allow for putting the theory into practice as best as possible. And so that is I gave up pre reading around from Musqueam authors around what community planning looks like for Indigenous planning looks like for Musqueam, and then during the module we actually did a tour of the Musqueam house posts on campus, and we had a really great discussion, kind of connecting like why we at EBC, you know, it's important for us to understand the house posts and connect to that to planning concepts. So, and I would say all four modules we kind of put that into practice, and we got better at it as we as we run along. We'll move on to the next presentation but if you do have questions for the previous presentations, don't be shy please share them in the in the chat and we'll read them out later. So I'm going to pass it over to Kerry right. Correct. Thank you all over Sylvia and I share an interest in families and how they work and function together. One of the delights of being involved with this project is we were asked to create a partnership, a connection across two different faculties. And for me that's one of the very positive bits of this program in that we are encouraged to move beyond the immediacy of our own work and to seek out colleagues and like minded partners in other areas and so that's an incredibly powerful thing to do. Oliver if you can skip through the next one through to the third slide that would be great because what I'd like to do is to then quickly provide an overview of the purpose and the some of the context of content that we're actually looking at in what we're trying to generate. So the, the ideas that Sylvia and I have worked together on is looking at the practices exists within human ecology, what exists in terms of the everyday living decisions that are made in context to family. So what we are interested in doing is looking at how sustainability is both impacted by and can be created within context of the base unit society which is family in each and every one of its forms. And so what we're interested in doing is is working with students to build an understanding and appreciation of sustainability that exists in context of what we do within our everyday lives. Oliver if you'd like to go to the next one, like Rob's project we're also only just at the end of our first year. And looking back it's been an interesting journey as we've solidified our ideas and thinking around what we intended in our proposal and what's actually emerging from it, but there was two areas that we particularly agreed on is that we needed a theoretical model, but we also wanted to have courses that were very much experiential that actually gave people not only understandings about sustainability in, in everyday thinking, but also how they might go about it. So one of the things that we're working to at the moment is developing up four courses, one which which has family sustainability is a theoretical base and a required course that we're looking at. And then we're developing, we have developed up three other courses, one that looks at family and sustainable food, family and sustainable clothing and family and sustainable resources. And the focus of those like I suggested are going to be very much hands on, because we are also working towards a certificate of family and sustainability. And we're moving to include electives that work towards that also include three credits, and there are a number of pre-existing courses that allow that connection between family and everyday decisions that we're able to draw from. And so at the moment what we're working through is we've got the penultimate drafts of our four core courses or key courses, and we're now working through to actually get those accredited before we then trial those next year. Oliver, if you'd like to take us to the next slide please. One of the things that we did in our planning was to map out what we saw as program objectives, and then to look at what our course objectives were. And then, in the third bit to make sure that each one of the program objectives are reflected in each of the four course objectives that we're actually developing. And we wanted to make sure that if our program objectives were core that guided the way in which we thought then it was important to have each of those expressed through different medium if you will through resources, food or clothing in each of the courses. So while you may not see the detail there, you can see that we've actually tried to work very, very hard to make sure that there is coherence between the program objectives that we're working at together with how we're expressing those through individual courses. Oliver, if you can skip the next slide, because what I'd like to do is just quickly show you some examples of assessments that we're working with for each of the four units we're developing. So in the first one with family and sustainability, we're setting up a multimodal project that draws on broth and burners theories around ecology, but particularly how it works and fits within context of family. And so what we're asking people to do is to look at the theory, but then to explore ways by which it influences not only choices that are made, but also how available resources impact on families both from a social justice point of view, as well as different areas of social and economic standing. In the next slide, there's an example of an assessment that fits for the food sustainability program. And in this one, it's encouraging people to have a closer understanding of current. If you like food and sustainability practices within context of family, whatever shape or form that family might be, but then to also invite deeper understandings of circular food systems rather than linear ones. And then to move on to the ideas about how they might shift and change family practices around food so that they do reflect much more sustainable and much more circular food systems within context of that family. So to acknowledge that it's an ongoing process. It's a learning process. It's an evolving process over time as people come to understand the way in which they work and the decisions that are making the everyday around food. In the next one, we're pulling, we're looking at one of the assessments from the fashion course and it's around fast fashion dilemmas. And so there are a number of challenges in and around fast fashion, and you can see the bullet points there that actually highlight seven of those. And so what students are invited to do is to select one of those challenges and then to think about what does it mean in their everyday lives, what it means around their choices about fashion. And to think of ways in which they might help the fashion industry to move away from fast fashion by in some ways through their own demands, their own expectations and their impact as consumers about what that might mean. And then the last one looking at families and use of available resources. Sorry, Oliver, if you'd like to move to the next one. Thank you. In this one, we're inviting students to engage in an upcycle challenge and reflection. And there is a part of notion of understanding that every family or individual has equal access to resources. And so in this students are invited to create an upcycled object from whatever they may have from within their own homes or that they'd like to restore. The goal is to create something that's of a higher quality than the original one that they're working for. They have a budget to spend. They're invited to keep photographs of before and after and during the process. But the products will be put up for sale. And any of the money that would be raised from that would go to initially what's been identified as a downtown Eastside women's shelter or the group of students may elect another charity that they actually might like to donate to. But they are also invited to reflect on for whom their item their upcycled item would be most valuable and also how they might inspire other people to engage in upcycling processes. And so what we've just wanted to do today is to give you some tasting of the approach that Sylvia and I are taking in our courses to try and not only talk about it in a theorized way, but to actually encourage participants and our students to engage with it both in a collaborative but also in a meaningful way within their everyday lives. Thank you all of them. Thank you Kerry. That's wonderful. I'm waiting to see if there are any questions in the chat but do you have any do you have any tips because this sounds like a lot of work. I'm wondering if you have any any tips for people who are faculty members who are thinking of developing something similar in their own disciplines. What are those first steps? Higher students. Higher student help. That's what we've been doing. We've been hiring help to get it. The other thing is whilst Sylvia and I have a shared interest in family, we don't have expertise across all of these areas. And so Sylvia's point about hiring students and colleagues to contribute that do have that expertise is actually very, very important. And so while we've been able to work for us working through the program objectives and the course objectives have been really important so that then when we've handed it over to others to both negotiate those sorts of outcomes, but it's also provided us with a compass if you like to hold to what it is that we've seen as being important within this project. And so we're both very, very excited to be able to have the opportunity to actually deliver two of them next year. So that's our intent at this stage and obviously take feedback from our students that participate. Yes, it's some hard work, but I don't know any of our work that is any different. I think what's made it easier is we're both passionate about the content area, but we're also committed to it. And so whilst there's been some challenges around content and how we might express it, there's been a pretty strong drive in the and fueling our interest in this area. Thank you. There's a question from Christina. How do you connect individual actions for example food waste fast fashion etc to broader systemic structures and practices since the issues as you noted on a slide earlier cross multiple levels. Yeah. Sylvia might also want to add to this. In part, Bronfenbrenner's model helps us work through some of those, but also personally I'm interested in donut economics, which looks at the notion idea about resources as finite and how we might use them in ways that actually are meaningful for not meaningful that are useful for not depleting them but being able to reuse recycle them. In food that notion and idea about broader systems becomes really important and I'm speaking to that because that's my area of expertise in addition to family Sylvia your thoughts. So my thoughts are to well in sociology we think about, you know, different structural problems right. And so my goal for the students is to be careful not to shame people like we obviously want to have an impact in in a positive direction, but we I really want them to see the broader rationale for why people make the choices they make and some of those systemic contributions or limitations to people engaging in, you know, what we might consider positive behaviors. And that's where this you know the Bronfenbrenner model really helps to look at how the individual interacts with different social structures and where there might be some blocks and limitations. And he is one of them right I mean, you know people with lower socioeconomic status don't have the same opportunities as people with higher socioeconomic status to make these decisions in the same way so we just we don't want to shame, we want to inform and look at multiple perspectives and then try to come up with solutions in that way. So some tips and tricks to getting started. What what seems pretty evident to me is that partnering across disciplines opens a lot of doors, and also shares shares the load of work. So that seems to be a suggestion. How did you form those how did those partnerships start. How did you meet faculty from across disciplines. We wanted to do a project. We were working on a dual degree between the family studies minor and the home economics program so that's how Carrie and I met, and then this kind of emerged through our discussions. And at Rob or Maggie. How did you form your partnerships. Good question I was just thinking about that. The project kind of came revolved around Allison and I and it'll be all kind of knowing Rob and Weinberg, and he kind of having this idea to bring wanting to kind of bring planning into hit or aspects of urban role planning into the sustainability cohort curriculum. So he kind of he kind of brought us together and then which was which was absolutely wonderful because we had, you know, so much fun working on this together and I've been able to learn from you know what's what's happening in landscape architecture as well as the faculty of education. Rob. Our partnership is within the faculty so we have a fairly small faculty so we all know each other so it's fairly easy that way but I will say this we have a really multifaceted faculty and work in all kinds of different directions from sort of natural sciences to social sciences and a lot of us don't really get together so I would as much as possible encourage that that sort of interdisciplinary getting together with your colleagues seeking out some common ground and it's amazing what what emerges so Stephen and I have never, but we've worked a little bit together but not much but when we when we sort of started talking and figuring out what what it is that we could do as a team. This really, these really great synergies emerged and so just get out there talk to your colleagues and see what happens. Okay, I have one one last questions before we move into the small groups and this is for all the panelists. How did you negotiate teaching load and teach you credit with your own department of faculty. I'm a dean so I negotiate with myself. There you go. Good answer. I would say that, you know, we look at these sorts of opportunities these sorts of. Yeah, these these these opportunities to create and develop new and innovative and interdisciplinary courses as a very important thing that we should be doing as a faculty and and so we do allocate teaching load credit if you will, to these sorts of exercises of developing a new type of course. My teaching load didn't change. I didn't negotiate well, apparently. At this stage, mine hasn't changed either but I think when the courses come online and we're looking to teaching them then I'll need a conversation with my department. Yeah, similarly, similarly I the extra. Well, yeah, in addition to the courses that I teach per term that we taught the modules it was a couple extra classes that I would teach and yeah I just just did it. And I think I also frame it around, you know, yeah that kind of service work. As well. Okay, thank you. Thank you everyone for responding to those questions. If you have any other pending questions we can post them in the chat or you can use the opportunity of the small group discussions as well to to ask those questions. So now, at least that's going to help us with the next stage which is the breakout rooms. I think all groups are back. I'm counting about 15 people. Yeah. There we go. Any, any thoughts. Was it terrible was there a good conversation. Any tips and tricks. I just wanted to thank the people in my group. So I haven't introduced myself to others I don't know how many other people we have here doesn't look like too many now but My name is Tara. I have an arch go I'm a Academic director of UBC sustainability hub and so I had my own little breakout group that I was talking to in our group we talked a lot about an interest in having guest lecturers or people with with particular areas of expertise available to come into the classroom and we have a program that allows that and this has set that up with graduate students focused on climate change coming into classrooms, but in this case, the interest was maybe even broader than that so thinking about sustainability and bringing expertise in to share between departments I think there was inspiration from this interdisciplinary education and so that was one of the things that was discussed. We also talked about the interdepartmental climate emergency committees that have been working both in their own areas and interconnecting to do some of that work themselves and particularly the resources that the library is providing to to different departments to allow in particular Asian studies to help them achieve their green day goals where they spend one day per week I think it was per week focused on climate and that was either by working from home that day or by bringing in some topic into their class that has a climate focus, and that might be challenging if you're an Asian studies and you're doing ancient historic work. And so the library was really useful in thinking about ways to bring that in and targeting climate appropriately for the content area of those classrooms.  And I didn't get to finish my last comment in the class in the breakout room there that the climate action plan 2030 is another one of those that we have now at GBC that is hopefully going to be making a lot of difference for how we can drive change that and of course what I was talking about was the groundswell of student demand for action. So we had a great conversation. Thank you all in my group. Thank you Tara. How about other groups. Anybody want to share. I can just quickly share.  I think we did as well it was it was a pleasure. I give a little shout out there somebody here attending from the University of Manitoba so it's fun to to to talk about what's going on in different institutions. So yeah we covered a lot of different a lot of different topics there's a little bit of ideas sharing and information sharing around how potentially a faculty member might be able to get in touch with another group. That can support how curriculum can be brought into one of the assignments for further classes so that was really great. So we did chat about how you know the need for change there's these tensions around how you know I think we need to encourage people encourage that change happens at the individual level and how you know the need for hope and agency and curating that but also how we're all operating in these larger systems that we've inherited that are essentially creating you know the challenges that we're facing so. Lots of great lots of great things shared and it is always nice to hear about what's going on in other institutions. Thank you. Great thank you Maggie. I know there are two more groups. I can jump in Oliver. We had a really great discussion as well, wide ranging that went from Thailand to Sweden to the Bay of Bengal so thank you to my group for that exciting conversation. There were two emergent themes in terms of kind of where we should move institutionally the first very simple message we need to break down the silos of the university encouraging interdisciplinarity as much as possible. And we need a long term vision for how we address these sorts of issues so that came out loud and clear. The other more specific thing but I think important and something that's worth putting on the table is is we need to consider more robust and flexible ways of a assigning teaching load but be the process of promotion and tenure, you know, we are beginning to include things like open education resources, but we should, I think encourage things like, you know, EDI and decolonization strategies in our courses, Indigenous knowledge, interdisciplinarity, and sustainability education so those types of considerations should be built into the process of tenure and promotion. Thank you. Thank you. Those are those are great points. I know there's one group there's also one minute left in our session. Any final comments from that group or from anybody else. We've had lots of the same ideas around breaking down the silos and finding ways to be able to work into interdisciplinary without, you know, challenges with course codes and the ways people are paid and all of those things but also just a big I like the big, the big push for sustainability kind of lost ground because of COVID that we've started to focus on COVID and that we need to come back and focus. You know, I know COVID was a big deal, we need to now come back to some of the conversations and make this more of a focus across campus. Great. Thank you, Sylvia. And in connection with that just wanted to let you know that at the sustainability hub we are planning starting in the fall to have a monthly, monthly sort of meeting space for faculty who are interested in having these conversations. So stay in touch, you can you can sign up for our newsletter or contact me directly so that you know when these things are happening and also learn more about our grant programs. A climate teaching connector another supports that we provide for for the work that you do. So thanks everyone thanks to our panelists. Thank you to CGT for hosting us. I know, at least I was going to share she just did the survey. So please fill out the survey for CTLT so that they can continue to improve these wonderful institutes that they offer to us. And please stay in touch again reach out to me directly sign up for a newsletter and have a great, great wonderful rest of your day.


Hello everybody. Just a quick little update video for you all. You probably have noticed that my Channel has been light on the videos this week. That is because most of you know that I have been a traveling Stephanie from spiritual perspectives of our Great Awakening and I did just get back from Washington, DC Now as I posted on Twitter yesterday, we did film a video Yesterday regarding our trip to Washington, DC However, I have decided to scrap that video because there were some things that we Unintentionally left out of the video So we are going to be going back and reshooting that video either this afternoon or Tomorrow morning today being Thursday the 7th tomorrow being the 8th So if you have any questions in the interim if you have any questions about DC that you're curious about Place them down in the comment section below and I will address them when we are Refilming that video now just a heads up normally on Tuesdays We drop an installation of the Magdalene manuscript and of course on Wednesdays we drop an installation of the Sophia code this week that didn't happen because again I was traveling. However, that will be returning back to the channel next week I did film yesterday. I filmed for Tuesday and for Wednesday for both installations I'm super super super excited because the next key code in the Sophia code is Magdalene herself and That for me is the crescendo because as most of you know, I have a very close relationship with Magdalene She is one of my guides. I do hear her. I'm Claire audio I've heard her since I was 16 years old and what was so cool for me reading this section is that Everything she talked about with her childhood are things that she has told me in my own life And so that was huge confirmation for me. So I'm super excited about dropping that on Wednesday now this Monday I will be back on Aquarius rising Africa with Shanti and morning We were gone last week because I was in DC and then week before Shanti was a little under the weather So we will be back with them. We probably are going to be speaking about DC because as you'll see and on our video There's a lot of tartare and stuff there Which is really exciting and so we're probably going to go over that with Aquarius rising Africa as well Because Shanti is the tartare and queen and so I'm really excited about getting her perspective of what she sees from what we got And just how exciting all this stuff is moving forward into our new timeline now with all that being said It is probably going to be a couple of more weeks before I get back to doing some Monday mysteries This is simply because I have been Swamped with footage to go through from all of our travels and I'm really excited about getting that footage out She buys we hit up a lot of different locations And so I'm going to be trying to organize that get the narration down and get everything put together to put those videos out Because I am really exciting.  This was only the beginning of our travels and I'm really excited I do know where we're going next. I'm not going to say anything yet because we need to figure out all the plans I will not be notifying you guys when I do actually travel because of safety purposes But once I'm at the location if you are following me along on Twitter You can actually I try to in real time Drop little videos and pictures in real time too on my Twitter page Sometimes I put on Instagram as well just depends but if you're on Twitter make sure following me So you can keep up with our shenanigans as we travel around and look at all these Old cities and figure out what is actually going on? I think our next plans actually I know our next plans are go to go more to the Northeast north of New York north of Possibly north of Boston and that area and look at some towns that area is obviously more of Stephanie's backyard So she's the one word who knows where most of those things are so that's our next plan of action We also have been talking about doing either a live show with an audience or just a meet and greet Let me know if you guys would be interested in something like that If we do do a live show or a meet and greet the only concern that I have is obviously safety I take that very seriously And so we would probably have to charge a ticket price Just so we could cover security if that makes sense just to make sure we're all safe So I wanted to go ahead and put that out there The ticket would probably only be like $10 or $20 depending on how much it costs for us to actually hire security Everybody's safety is obviously my main concern Stephanie's main concern And so I just wanted to go ahead and put that out there But if that's something that you would be interested in let us know in the comment section below Obviously, we do decide to do it We'll give you guys ample warning as to where we're gonna be what city what town we're gonna be in So that you can make plans if you would like to join us for a live show live studio audience why we film a show So just let me know or meet and greet or both we could do both I guess So just let me know down the comment section below. I wanted to also give a very very very special Thank you to all of my patrons and producers because you guys are the true rock stars of this channel If it was not for you, I would not be able to do what I've been doing And I love you guys so so so much and I am so grateful for each and every single one of you I also want to give a very special shout out to and Marie for sending me this awesome ornament I actually got this the day before I left for DC But nobody knew I was actually going to DC only Stephanie and I knew that and when I got this I almost hit my pants because it was like oh God wink, you know, it was like the universe saying Yes, you should be going to DC. This is the White House Historical Association Christmas 2020 with JFK President Kennedy and so thank you so so so much and Marie. I am so appreciative I cannot wait to hang this on a tree this upcoming year. Don't know where I'll be at Christmas time But I'm super excited to hang this up on a tree. Thank you so so so much Oh, and I almost forgot Jason and Kristen from Arcana tarot The YouTube channel Kristen's been on my channel a few times now We are in the works to plan a whole series around the Grimm's fairy tale the Grimm's brothers I think we have a date picked out for the first show, but I'm not 100% sure yet I'm going to try to get in contact with prison today just to confirm some stuff But I do believe at this point in time I do believe we are going to be filming from there or shooting the episode from their channel I think it's going to be done live, which is cool because you guys can interact I am grateful for Jason because when I do lives, it's hard for me to read the comments and keep my train of thoughts So grateful for Jason to be able to do that while Kristen and I can she can read the cards and I can present my research So I will keep you guys posted on that as well as to when we have those dates and times figured out so you can join us Live or if you can't do in the live you can watch it afterwards, but um, but yeah So thank you so much guys for everything. I know July is a crazy month These last seven days have been wild. I tell you wild I mean about those Georgia guide stones That was one episode I was gonna do because we obviously went to the guide stones about seven days ago I was gonna do a recap. That was the first thing I ever covered on my channel was the Georgia guide stones But now that they're gone That might not be coming up on the channel So I did put some of that footage up on Twitter that I was gonna put into the episode we did on the guide stones But since things have changed I just went ahead and put it up on Twitter So again, if you're not following me on Twitter go ahead and follow so you can keep up with all the footage and stuff But you guys I know it's crazy wild month apparently This is the month of death according to tomorrow, which you guys haven't seen that episode I'll tag it down below Which is a good thing because the opposite of war is not peace The opposite of war is creation And so in tarot if you get the death card that also means the rebirth card So we are rebirthing anew but things have to crumble there has to be that tower moment before Something new before something can be created and holy shit What a wild month this has already been so far if you're having anxiety, don't worry I've been feeling a little anxiety to just breathe. I know it's all good It's all in divine timing and we got this we got this just laugh It's it's funny too, right? Sometimes the best thing you can do is just laugh at yourself and laugh at the situation So I love you guys all so so so so so very very much and I thank you guys again for being on this journey I mean it when I say we are all just walking each other home We are literally doing this together and I thank you guys so much for being on this ride with me All right, I will talk to you guys soon


We're watching a Jordan Peterson video recently and it's very interesting. He talks about a unidimensional life versus a more generalized life. And unidimensional life has been super focused on just one thing. That's all the person cares about. They're striving for excellence in that. And the other one, a more generalized approach, is the person has various different interests and while they may never achieve greatness or success excellence in that area, they have potentially a happier life because they're not as invested in it. And it's generally more rewarding and fulfilling life potentially. And I think it's a kind of a nuanced issue because you could look at the unidimensional super focused life as being unhealthy or okay lead to excellence potentially but unhealthy. But I don't really think it's that simple. Because I found in my experience that when I started to live more of a unidimensional life, something important came in with that. Just being focused on one single thing. Something important happened. The rest of my life outside of that goal completely improved also. Which is kind of the opposite of what Jordan is talking about in from his experience. I found that this just been focused on one thing. At least consciously. Made my relationships better. Made my health better. And these are areas outside of the career focused thing that I had, right? In my instance. So it was not as simple as the unidimensional life is an unfulfilling life or a rewarding life or a very unidimensional. Because I found it's not unidimensional. And the reason for that is because and Jordan, he talks about it probably elsewhere. I'm just looking at this one video he talked about it. But the reason for that is the nervous system. In my experience, human beings are incapable of holding several different goals in their mind at once. I don't I think it's actually a myth that people have five areas in which there he talks about you can either have one area at 100% or five areas at 80%. And from my experience, five areas at 80% is it's undue. Nobody can do that. From my experience, if a person is holding five different areas of their life in which they're trying to seek improvement in. It's going to be five, not by 80%. It's going to be five by 15%. Okay, so it's going to be frustrating in that sense. Because of the single fact that the human nervous system. It's susceptible to one thing more than anything else. And that is being overwhelmed. The unidimensional life, while it might seem like it's unfulfilling, it has one thing going for that's not mentioned. It's simplicity. I just have to do one thing. Now, where do we get into trouble with this? The issue comes in with lack of boundaries with with anything you're doing, whether it be five things or one thing. But let's just say, take an example of a person who is only focused on one thing. And that's what they're telling themselves. Now I found that that person is very, very rare. I don't think it's necessarily the fact that some people are capable of doing this just because the immense willpower or they're different to us somehow. I think the difference between what how it works for those people is that they have clear boundaries. They have a boundary between, here's the real boundary. Taking action, or structured time versus completely unstructured time in my life, in which there are no rules and no to do's. Okay, if you have a unidimensional approach, finding that part of your life is easier to come by. Okay, where are no rules? Because even someone who is working insane hours at the top of their field, right, Jordan, he says in the video says, you could be working 70 or 80 hours a week on this one thing. Now, how many waking hours do you have in a week? Well, if you take away that many hours, you're still going to have, you may even have 32 hours of your week of unstructured time. The problem is people who are unidimensional, sometimes at least what they tell themselves is, is that's what they are in their time away from that thing. They are not unstructured. They bring in all sorts of additional have to do's into that time. So really, they are secretly the person with five goals. Although they're telling themselves to the universe, the unidimensional person. Okay, what I'm saying here in this video is humans are incapable of taking on multiple projects at once. But if you can consciously just say to yourself, I'm just going to do one thing. Focus on one thing and do it well, do it to the best of my ability. And after that, I'm going to have time in my day in my life, in which there are no rules. And I still have preferences for things that I enjoy family time, relationship time, exercise, phone, hobbies, etc. But I'm not going to be structured about how these things take place. The problem is when we try to put structures on things outside of this unidimensional goal we have, because the human the nervous system shuts down. And procrastination is a huge problem. I know what Jordan is talking about to some degree in this video is well, what do you value in life? Where do you want to end up and things like that? And that's an important question. But in terms of procrastination, there's only one thing you need to worry about. This process of this, this, this phenomenon of having something you want to do, not doing it feeling guilty, overwhelmed, not seeing any results. And that is overwhelm. Never mind values, what you want to do with your life is am I overwhelmed or not? And what will overwhelm us is not training ourselves to detach and set up clear boundaries with my day in terms of things I'm doing and think and a period in my day when I'm not doing when I have no rules, rules, rules versus no rules is really the big debate here. And I don't see many people having this. Okay. So this is the kind of for me it's a false dichotomy of person with unidimensional life versus a more generalized person. I don't think there is anyone who is unidimensional and they're very rare. And if they are, they're usually this other person with five goals in disguise. Okay. Are you capable of having one goal and then saying, whenever happens after that, I'm open to, or do you have to control every single aspect of your life, including your your free time, your unstructured free time? I found I got way more done when I was unidimensional in that one goal and the rest of my life improved hugely. As long as I was able to be strict with the goal and have unstructured free play time in which I could do anything, anything. If a family member came to me and talked, I didn't have any to do lists, I just sat down and talk that was present with them. Right. If I felt like exercising, I would exercise. But there was no half dues, there was no structure on it, because that would overwhelm the nervous system. This is what I tell my clients to do. This is a training in which you have you learn how to have clear boundaries. You can be unidimensional. But if you can switch off and have no to dues outside of that, there's really like it's it's it's actually possible to have a very full life being this unidimensional person that Jordan is talking about. Even with 80 hours a week, you still have 30, 32 hours a week of waking time in which you can engage with the rest of your life. So that's excellence and plenty of time. But can you switch off? Can you let go of control outside of your one goal? Sure have preferences. Sure be open to things happening. But can you let go of control? That's the issue. Maybe that is a personality type. I don't think so. I think that's something that can be trained. And I think it's something with practice, we get very good at and it's immediate doesn't take long. It's one of the things I talk about in my course. You can check that out. Link is in the description. But I don't know what you think about this. Maybe I'm way off in this. I think it is possible to have a full life being single minded. And in fact, I think it's counter counter-jewd if I think you can have a more full life when you become unidimensional just because you're not fighting your nervous system anymore. There are my thoughts guys. Hope that's interesting and helpful. Take care of yourself. Talk to you next time.


Good day fellow investors. Xinyuan real estate is a Chinese American UK real estate developer. So they build those great big buildings. Now it is extremely cheap and I have recommended this talk about a year ago when it was trading about four or five something and it went up to seven. I sold there so that's what I do sometimes I trade but not that much anymore as we are building a long term portfolio and in this video I will explain why Xinyuan with a dividend yield close to 10% with a price forward price earnings ratio of three and the price to book value of 0.4 is an expensive stock. Just a quick company overview so they are building big let's say affordable apartments across China. They also have a track record in New York City, Brooklyn, Manhattan, Queens. They are building something in Irvine so building across the world and they are also building the medicine tower in Canary Wharf. However let's look at the fundamentals. If you look at this you would say oh my god this is extremely cheap so what is behind this? What we're going to discuss today is really an in-depth analysis of Xinyuan so if you have been eyeing the stock it's crucial to go through this. The new accounting policies implementing ASC 606 management 90 million profit expectation for 2018. Business is going as usual they are selling they are improving what they are doing so the accounting is just accounting. The notes my notes from the Q2 conference call we are going to dissect Xinyuan's debt because the devil lies in the details and you will also see how I go into details when I look for something to invest in. Something you might not know TPG asset management converted its 2013 convertible bond got to the stock and has been dumping the stock on the market which put a lot of pressure on the stock price. We're going to compare it with other property developers and then give long-term outlook on the finances. How the margins move fast? So let's start with the fundamentals. Due to a shift in accounting policies to ASC 606 Xinyuan will now recognize revenue and thus profits at a later stage. So first they were recognizing revenue when they would think okay it will be sold but now or how they were building it and then due to customer deficits they knew it will be sold. Now they have to recognize revenue only when it's actually transferred to the customer. In parts but it's usually not in parts it's at the end delivered so a lot of revenue that will be recognized only in the future so 2018 much lower revenue. This is you can see here the comparison for 2017 the revenue was 1.9 billion but if it is with the new accounting rules it drops to 1.5 billion and the net profit goes from 80 million to just 4.5 billion million for 2017. That's a huge difference but that's a cycle that you have to await so the management expects big profits when they book all the revenues that they didn't book in the end towards the end of 2018 as they deliver the projects. Due to the new accounting rules the new results look very bad six months big decline in revenue from 768 million to 534 million also from a profit of 26 cents per share to a loss of 27 cents per share. The number of shares diluted is still stable there as the company is doing some buybacks. Just to note 0.1 quarterly dividend 9.29.3 dividend yield at the moment. The book value is also high 10.83 per share but was much higher in 2017 as the company removed 350 million in profits from adjusting past accounts to the current new accounting rule because they haven't yet booked those sales. Very important adjustment and the equity went from 1.5 billion to 679 billion. Now if you look at other changes so they were booking revenues so you can see customer deposits went from 438 million to 2.5 billion 2.6 billion as they rebooked those as not sold they usually would book them as sold apartments so now they have liability big liability in the form of customer deposits total liabilities went up 2.2 billion which is in line with the customer deposits that went up. And of course on the asset side the real estate properties under development went up from 2 billion to 3.7 billion so not those were already sold now they have to be held until they are really transferred to the customer. However business is going as usually if you look at the gross floor area sold to date it went from 3.2 million square meters to 3.7 million square meters on 4.3 and 4.4 respectively of inventory so they're doing good they are selling in the normal way of accounting just to note very important as it is all about location location location when it comes to real estate they are focused on Zhengzhou and Chengdu mostly on Zhengzhou and Zhengzhou probably pronounced it wrong is the focus also for their future projects. On top of that they have three projects in the US the Brooklyn East Riverside the Austin project the Manhattan Hell's Kitchen and the Queens Flashing project I think in flashing they expect about a million in revenues from that something is already sold from the Brooklyn project. Another one project that they are doing in a little bit risky in light of the Brexit where they will say sell iconic design luxury apartments near to Canary Wharf they paid 41 million for this project in March already 30% of it is sold to affordable housing so affordable and luxury all right they are trying to sell the rest of the luxury things but this is really a little bit risky with the Brexit and everything going down normal profit upside for a lot a lot of downside I see that nevertheless business is growing their contracted sales are doing good everything looks good on the surface but let's dig into Q2 that will make things look even better and then we'll go on to the risks my notes average price sales went up but they are selling more commercial properties so that's a big differentiation they are not selling those where the price and the margins are low the company acquired six parcels of land so they are really enlarging what they are doing which means more building from four point something million square meters the land bank now goes to six million square meters they are continuing with the Madison project in London cash and cash equivalents went up from 1.2 billion to 1.5 billion dollars on contract sales and debt of 3.5 billion net debt excluding the customer deposit liabilities properties under development are 3.5 billion so let's dissect the risks it's all about the debt the short-term bank loans are 247 million from 2017 so it's a little bit less now but it's a good indication of what's going on 512 another long-term bank loans then most of the debt is due in 2021 with an average interest rate in renminbi of 7.67 percent now if we look at the total corporate debt we see a lot of notes there about what one billion in us dollars and the rest corporate bonds of collateralized loans is in renminbi so they have about a billion of exposure to the us dollar which is related to the plans in the us and in London which is then again in pounds so that's another risk they are running a big big currency risks if the yuan devaluates and then we are in trouble because you have to pay the us denominated debt now when i sum up all the debt i come to 3.6 billion at an average interest rate of 8 percent i come up well 209 around 300 million just in interest payments per year 300 million compared that to the market cap so they are almost paying their market capitalization in interest per year you don't see that on the income statement because that interest is capitalized into the building process that's how you account for that so nevertheless they are paying that interest on their debt and that is for me something huge because every little small change selling a little bit late due to government constraints lower prices in china real estate and then you have bam bam you can you have to pay the debt constantly but you don't get the cash the customer deposit you can't use those to pay that so you might be in trouble very very quickly if something happens and that's why Xinyuan is cheap it's extremely leverage and we will compare it to others you will see how extremely it is leverage and how it's not really much cheaper than the competitors a very important point tpg is dumping stocks on the market which put pressure on the stocks they really i don't know how much they sold but they had about 10 to 15 percent of the company and they have been selling it during this year they have converted that six when the price was above six so maybe Xinyuan pushed the price back then when i sold but thank you for that this is important also look always at convertible notes when you are investing in a stock why is Xinyuan is expensive look at this so china property developers average price to earnings ratio seven for the large caps average for the mid cap is 6.2 average for the small caps is 5.6 if you look at the list a lot of them with 3.6 4.6 4.5 3.1 so nothing special with Xinyuan's valuation the small caps are in trouble they are being taken over they cannot finance their things if things go bad the big ones are a much better risk situation and that's why the price earnings ratio is a little bit higher but not much higher so keep in mind this other risks of course rising interest rates Xinyuan borrows at 8.5 9% competitors small cap competitors borrow at 7% you'll see that more in the next video that i'll do about three competitors refinancing issues regulation from china that prohibit refinancing or borrowing in u.s. dollars and then real estate prices in china have declined also changes in new york or london prices could be a double whammy from xinyuan prices in china have been declining this is from guazu properties and you can see how the prices are significantly lower than what they were a year ago we don't know if xinyuan has already accounted for that okay long-term same story with all the chinese developers huge growth but xinyuan due to the high interest rate and affordable buildings they are building they have a lower gross margin which makes them more vulnerable to fluctuation in prices and increases in interest rates if we compare it to others the margins is the lower with xinyuan the price earnings ratio is there the dividend yield is there the debt to equity is huge compared to se or yuzhou so those are bigger companies better diversified less debt so for the same valuation so if you want to be exposed to a chinese real estate by in hong kong by not xinyuan so this is just an example of how deep i go when i analyze a company xinyuan was always tempting i traded it a few times so i wanted to see am i going to expose my long-term model portfolio for my stock market platform to it and the answer is no because if margins get smaller if prices just stagnate for a year or two that pe of free goes into a negative if interest rates go up and they have trouble because of the brexit selling luxury apartments in canary wharf then a lot a lot of trouble might happen and i don't see xinyuan it might happen but i don't see here is a total loss for a 10 percent dividend yield if i get free dividends of 10 percent and it goes bankrupt in three years then i didn't make a great investment and as you can see price earnings valuations will never go to 1015 because the average is much lower it's around five four property developers in china because of the risks thank you for watching check my next video immediately after this about another free chinese property developers that i just mentioned


going on everyone, Sam here with Layton Sports Cards and I am doing 2022 Diamond Icons. One box break, number 50, random hit style. Here is the random really quick. So how this is going to work is we're going to open up the box. We have a list of our names here and our, it's got to do this, type that in. Our hits are going to go here. One is going to type in the hits as we go and then at the end we're going to randomize both the names and the hits the same amount of times. And then I'll copy them over to our results tab and then whatever hit is next to your name is what you will receive. So here we go. Good luck everyone. If there are 11 hits like there were last time we will match up, we will combo the hits of the two lowest value to the best of our ability and that person will receive both hits. So here we go. First up we've got dual relic book card. Good luck on this one guys. We've got nice Derek Jeter, Mariano Rivera. Sick hit there, 6 out of 10, wow. That is awesome. As a huge Yanks fan that is a really cool card. Good luck to whoever gets that one. That is 6 out of 10, ooh sick one coming up here. We got a Willy Stargill, 1 out of 4 on the cut auto. Pittsburgh Pirates Legend, nasty hit. Good luck to everyone on that one. Let's do what we do on that. Next up we've got patch auto that is 19 out of 25 Xander Bogarts. Xander Bogarts. Hey 6, do the little frog emoji. Ooh sick one here, wow that's nasty. Dual Bat Jersey, 4 out of 5, Mike Schmidt, Bryce Harper, Sean, I got Sean with me. Nasty, nasty hit there, that is, that's really cool man. Good luck to everybody on that one. What number was it? That was 4 out of 5, that one as well. Next up we've got a 17 out of 25, Red Ink Auto, Eloy Jimenez, Sean's busy typing in the random hits. 17 out of 25 on the Eloy. Good luck 6. Alright we've got, next up, 1 out of 10, Jose Abreu on the Red Ink Auto for the White Sox. Jose Abreu. Next we've got 9 out of 25, Peter Lanzo on the Diamond Icons Horizontal Auto, Polar Bear Pete for the Metz, nice one there. Next up we've got Acetate Auto, 20 out of 25, Mark McGuire, 20 out of 25. Next up we've got, this is 6, Silver Ink Auto, 3 out of 25, going to the Red Sox, David Ortiz. Nice big poppy. That's the last one right? No we have the next one. Yeah that's 10. That's 10 then? Perfect. That one and then we've got, to finish it off, 7 out of 25, Greg Maddox. Greg Maddox, nice card there. Good luck to everybody on the Hall of Famer Auto. Alright guys, that'll do it again, we've got, we only had 10 this time so that worked out pretty well. Let me copy those hits over. What up, 6? What's happening? 10, beautiful. Beautiful, beautiful. Alright guys, let me get these copied in, 10 and 10. Alright guys, going to do the random for this Diamond Icons box, random hit style. Here we go. Let us hear it, 6. What's the amazing call? 5 and 3, 8 times, 1, 2, 3, 4, 5, 6, 7 and 8, Michael B down to Doreen M, and 8 times on the hits. Good luck everyone. You're moving to Florida. 1, 2, 3, 4, 5, 6, 7 and 8. That is Greg Maddox auto down to the Dual Relic. Ooh, 10 acres, nice. Alright guys, good luck here going to post them over and we'll get the results going here. That's dope man. That's awesome, 6. Congrats man. We have to come up and party with you. Absolutely. We got Michael B on the Greg Maddox auto, 7 out of 25. Nick N with the Xander Bogarts patch auto, 19 out of 25. Doreen M, Peter Lanzo auto, John F, Jose Abreu auto, 1 out of 10. Peter M, Willie Stargill, 1 out of 4 cut auto, nice. John A with the Dual Bat jersey, Mike Schmidt and Bryce Harper, 4 out of 5, as well as the David Ortiz auto. Congrats John, really nice. Doreen M, Mark McGuire auto, 20 out of 25. Brian F with the Eloy Jimenez auto, 17 out of 25. Doreen M with the Dual Relic book card, Derek Jeter, Mariano Rivera, 6 out of 10. Give me a second to get these posted over and thanks again everyone. Next up, 10 box Tuesday baseball.


Live from Las Vegas, it's theCUBE covering HPE Discover 2017 brought to you by Hewlett Packard Enterprise. Hey, welcome back everyone. We are here live in Las Vegas for theCUBE's exclusive three-day coverage. We're on day two of HPE, Hewlett Packard Enterprise Discover 2017. I'm John Furrier with my co-host Dave Vellante our next guest is Susan Blocher, Vice President of Marketing, Data Center Infrastructure Group, part of Hewlett Packard Enterprise. Welcome back to theCUBE, great to see you. Great to see you both again. So a lot of great stuff. So I want to just, a lot of buzz, gen 10, a lot of new capabilities. Let's get right into it. Hard news, what's the update? What's going down? We made the magic happen for this Discover. It's just really exciting. So hard news, we really focused on three areas for our customers, new levels of agility across their hybrid IT infrastructure which means automation, better performance enhancements, taking things that used to be very manual and making them sort of run seamlessly. Number one, number two, security. And we're talking breakthrough security. So this is where we've been able to leverage some unique opportunities like the fact that we build our own silicon to put a silicon root of trust or an immutable fingerprint right into our silicon that can never be changed and that fingerprint will not let infected firmware start up. So no matter, you know, as long as the firmware is the right firmware, it'll boot up seamlessly. If it's in any way been compromised, you will, it will not let that server boot up. So super secure infrastructure.  We need economic control. We need cloud like economics. We need pay as you go. We need the ability to get capacity on demand. And so those are the things that we really innovated on for this year. And one of the things that's coming out, we had Bob Moran on the security thing and James Morrison, I'm going to call him Jim Morris. I respect his name, I'm sure he gets it all the time. But the security on the silicon is interesting to me because now you're seeing things like blockchain, these immutable environments where people have this trust relationship. And that really hits the ransomware side of things, really in a big way. What else is that hitting? I think that is to me the big news is the security at the server level because there's no perimeter anymore in this cloud like environment. So this is kind of a cool way. Explain more, just take a minute to talk about the security piece because I think to me that's game changer. Super fascinating. And you know, I'm quoting somebody else so I'm blatantly stealing somebody's line, but I was reading an article where somebody said, firmware is a cesspool of Trojan horse opportunity for cyber attackers. And I really, that took me back because I was like, boy, those are some strong words there. But really with all of the investment that companies have made over the years in data security, application security, network security, no one was focusing on the servers. And frankly, there's a million lines of code, and I'm sure Bob said that, there's a million lines of code booting up to get your servers up and running that no one has protected up until now. And so we recognized about two years ago that this was a huge threat and increasing every day. And boy, you know, two years later, we are in the nick of time to give customers really the peace of mind of that security. One of the things that Wikibon just put out in terms of reports on research, that I find fascinating that ties into this trend I want to get your reaction on is, I think the only research firm that put this out actually is they actually size the true private cloud market at about 260 billion. And that's not included in the hybrid piece. That means on-prem cloud-like capabilities for on-premise data centers, which means, hey, that's not really going away. So it points to that narrative that, oh, data centers are moving to the cloud. So that's kind of probably not going to happen anytime soon. But the cloud-like capabilities are there. But one of the interesting stats is that there's billions of dollars in cost shifts from labor to higher differentiated yield or differentiated stuff inside the organization. So IT's not getting smaller, it's getting changing. That's right. So how are you guys taking the Gen10 and other things and helping customers abstract away those tasks? Yeah, exactly. So look, you know, all of our customers are really doing hybrid IT now. And so they're doing some things on-premise. They're doing some things off-premise. And you know, frankly, it makes sense. But Frank, there's a tremendous amount of compromises that they have to make on both sides of the coin. And so what, you know, we've been talking about a new compute experience, and that's really what we mean. It's really, it's not saying you should have everything on-premise or you should move everything to the cloud. It's really saying, how do we give you the best end-to-end experience across agility, security, and economic control so that the trade-offs that you're making are not trade-offs on, you know, the pros and cons of those silos of IT, but really looking at it from what kind of business outcomes do I need to drive? And that's how I make my decisions. So if you go back to around 2010, John, we would talk in the cube about a couple of observations. And it sort of coincided with the ascendancy of the public cloud. We said that the hyperscale guys will spend time, engineering time, to save money and automate stuff. But the enterprise guys, they'll spend money to save time. They don't have all those engineering resources. And we talked about that for a while. And it kind of got old and sort of boring. Fast forward to 2017 and that's exactly what happened is vendors have put in a lot of effort to create cloud-like capabilities. And to John's point is you're seeing a shift in staffing away from undifferentiated stuff. So talk about what that means for the data center infrastructure group, sort of how you position and how you talk to customers and message them about your role and how you add value. Yeah, absolutely. So look, first of all, we don't talk about just data center infrastructure. I think that's really where it starts because frankly, customers are talking about their data. They're talking about their applications. They're talking about how to bring intelligence to their hybrid IT experience. And so what we're talking to them about is really how do we bring that together for them? We're talking about software-defined intelligence, how we're leveraging HPE OneView to automate the deployment of applications across what could be a complex topology but doing it absolutely in an automated, seamless way. We're talking about how we're taking ILO and building the security in, but we're also doing things like intelligence system tuning where we're partnering with Intel and really figuring out how to take what is the Intel turbo boost mode from their processors and make it even better. And so a lot of applications can't take advantage of the turbo boost mode because there's a bit of, when you hit that high frequency, you get a little bit of jitter and that jitter creates latency. And so a lot of applications like core banking, video streaming, high frequency trading, they can't use turbo mode because of that jitter that creates latency. We've been able to figure out, partnering with Intel, how to dampen a little bit of that speed but still get turbo mode and eliminate that jitter. So no latency for the first time, these applications have been able to take advantage of turbo mode.  So super exciting innovation like that. Sounds like Piper. Hahaha. But this is the kind of innovation that's going on in the systems world and the other observation we're seeing on theCUBE is you know we go to a lot of events is that systems is back. Like there's kind of an undercurrent going on in the industry where hardware and systems, operating systems folks are now part of big transformations whether it's hyperscale or in service provider and enterprise. So how are you guys looking at the compute differently if the notion of a server is shifting and they're maybe consuming IT differently where the channel partner might become a provider and all these things are going on. How do you guys look at this new style of computer or how Meg says the changing landscape of compute? The changing landscape. It's all about really understanding our customers and who they are and how we can look at their unique needs and then segment our value and our portfolio toward them. So you talked about hyperscale, users like service providers, cloud service providers, small and medium sized businesses, enterprise customers, telco environments, high performance computing, super computing. What we realize is that one size does not fit all and that's really what it comes down to and that's one of the trade-offs of the public cloud environment. There's lots of good things about public cloud but one of the trade-offs is it's kind of commodity hardware and one size fits all but if you're trying to do any kind of mission critical applications, like I said, high frequency trading, you need super computing capabilities, you need deep analytics, machine learning, whatever the case might be, you really need to specialize the infrastructure and HPE is right there working with our customers regardless of their needs and their segments, we've got the solutions that will help them do that. So one of the things I'm inferring from some of your comments is, I want to ask you about marketing. I always struggle with marketing. You're shifting the message from product, product, product to business impact, okay, that's clear. What else is working in marketing these days? Is it, you know, it's never one silver bullet but there's belly to belly, there's events like this, there's obviously, you know, old school email marketing, there's social media. What are you finding as a marketing pro? We talk a lot about digital transformation for our customers but digital transformation has come to marketing. So that's the biggest thing. We have made a huge shift at Hewlett Packard Enterprise in digital marketing. So everything that we're doing, used to, I mean, even an event like this, which is physical, but it used to be kind of a one-off, we'd do all this prep and, you know, the week would go by and it would disappear and that would be the end of it. We're learning to build snackable content assets that have life after life after life, we're really embracing the social media, we've built a whole new digital marketing platform, we've shifted from what I would call traditional demand generation to really reaching our customers through digital marketing in every country globally. Huge, amazing metamorphosis and frankly, with the announcement of the new HPE compute experience and the Gen 10 platform and the world's most secure industry standard servers, it is the perfect timing of bringing all of this incredible innovation of technology to market at the same time that we're innovating around marketing. So it's going to be the next 12 months, it's going to be super exciting. Eating your own innovations. That's right, that's right. Congratulations on the Gen 10 launch and all the great goodness you guys had going on. The security thing, a big deal. Big deal. Looking forward to following up on that further after the show to keep it going. Certainly the digital assets here in theCUBE will be available on youtube.com such as SiliconANGLE, of course the CUBE gems and highlights all available. Thanks so much for joining us on theCUBE. Really appreciate it. More live coverage from HPE Discover 2017 after this short break. Stay with us. I'm John Furrier with my co-host Dave Vellante. We'll be right back.