n this episode of Non Consensus Investing, host Ram Ahluwalia, CIO at Lumida Wealth, explores the convergence of wealth management, the music industry, and psychedelics. Joined by prolific music producer Kevin Churko, Ram delves into the strategies used by high-net-worth investors, the intricacies of the music business, and the role of psychedelics in enhancing creativity. Kevin shares his experiences with managing music studios, the impact of technology on music, his venture into Bitcoin mining, and his personal insights on using DMT for creative inspiration. The discussion extends to the potential of tokenizing music catalogs and the application of psychedelics in modern therapy. This special Thanksgiving episode offers a unique blend of financial acumen, creative processes, and the non-ordinary realms explored through psychedelics.
00:26 Special Thanksgiving Podcast with Kevin Churko
00:50 Kevin's Journey in the Music Business
03:07 Bitcoin and Vintage Gear
09:30 Challenges in the Music Industry
17:07 Tokenization and Digital Assets
21:36 The Creative Process and Inspirations
35:30 The Dark Side of Creativity
36:11 Cannabis and the Hip Hop Studio
38:22 Substance Use and Music Genres
39:08 The Role of Psychedelics in Modern Music
43:35 Wealth Management in the Music Industry
48:12 Navigating Private Equity Investments
01:04:31 The Renaissance of Psychedelics
01:07:37 Exploring the Psychedelic Trend
01:08:10 DMT: The Businessman's Trip
01:10:36 Extended DMT Studies and Endogenous Production
01:10:58 DMT and Near-Death Experiences
01:14:08 The Audio Experience of DMT
01:16:18 Historical and Cultural Context of Psychedelics
01:18:19 Psychedelics and Mental Health
01:22:37 Lucid Dreaming and Consciousness
01:27:43 Personal DMT Experiences
01:31:06 The Nature of Reality and Existence
01:39:25 Concluding Thoughts and Reflections