The Practitioner's Brief with John Cervantes, CFA

The Semiconductor Boom | What Every Investor Needs to Understand

👉 Need Help? Schedule a call: https://calendly.com/jcervantes-primefinancial/30min 📊 Full Interactive Brief: https://www.practitionersbrief.com/insights/what-your-portfolio-is-actually-made-of-part-2-the-capex-boom 0:00 Introduction and the big shift 1:22 Historical capital investment cycles 2:23 Size of the AI capex cycle 3:56 Hyperscaler spending and free cash flow 5:14 Semiconductor profit explosion 6:46 Prisoner’s dilemma and new entrants ©2026 Prime Capital Financial. The views and information contained herein are (1) for general educational or informational purposes only, (2) are not to be taken as a recommendation to buy or sell any investment, and (3) should not be construed or acted upon as investment or tax advice. The information contained herein was obtained from sources we believe to be reliable but is not guaranteed as to its accuracy or completeness.Investing involves risk. Investors should be prepared to bear loss, including total loss of principal. Diversification does not guarantee investment returns and does not eliminate the risk of loss. Past performance is no guarantee of comparable future results.No guarantees expressed or implied. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. Fixed insurance and annuity product riders, features, and guarantees are subject to the claims paying ability of the issuing company. This information does not constitute legal advice. Prime Capital Financial and its associates do not provide legal advice. Individuals should consult with an attorney regarding the applicability of this information for their situations.Advisory products and services offered by Investment Adviser Representatives through Prime Capital Investment Advisors, LLC (“PCIA”), a federally registered investment adviser. Tax planning and preparation services are offered through Prime Capital Tax Advisory. PCIA: 6201 College Blvd., Suite 150, Overland Park, KS 66211. PCIA doing business as Prime Capital Financial | Wealth | Retirement | Wellness | Family Office | Tax Advisory.

San Antonio Real Estate 2026: A Practitioner's Conversation with Jaffar Chughtai

📊 Full Interactive Brief: https://www.practitionersbrief.com/insights/south-texas-real-estate-update 👉 Need Help? Schedule a call: https://calendly.com/jcervantes-primefinancial/30min0:00 San Antonio real estate 2026 overview * 0:00 Intro — Meet Jaffar Chughtai * 1:00 San Antonio housing market by the numbers * 3:30 Duplex case study: why rentals don't cashflow * 6:00 ARV mistakes and wholesaler traps * 9:00 How to manage contractors * 11:00 Best San Antonio neighborhoods to flip * 13:30 Austin vs San Antonio housing market * 16:30 San Antonio commercial real estate * 23:00 Industrial flex space strategy * 31:00 Where San Antonio is growing next ©2026 Prime Capital Financial. The views and information contained herein are (1) for general educational or informational purposes only, (2) are not to be taken as a recommendation to buy or sell any investment, and (3) should not be construed or acted upon as investment or tax advice. The information contained herein was obtained from sources we believe to be reliable but is not guaranteed as to its accuracy or completeness.Investing involves risk. Investors should be prepared to bear loss, including total loss of principal. Diversification does not guarantee investment returns and does not eliminate the risk of loss. Past performance is no guarantee of comparable future results.No guarantees expressed or implied. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. Fixed insurance and annuity product riders, features, and guarantees are subject to the claims paying ability of the issuing company. This information does not constitute legal advice. Prime Capital Financial and its associates do not provide legal advice. Individuals should consult with an attorney regarding the applicability of this information for their situations.Advisory products and services offered by Investment Adviser Representatives through Prime Capital Investment Advisors, LLC (“PCIA”), a federally registered investment adviser. Tax planning and preparation services are offered through Prime Capital Tax Advisory. PCIA: 6201 College Blvd., Suite 150, Overland Park, KS 66211. PCIA doing business as Prime Capital Financial | Wealth | Retirement | Wellness | Family Office | Tax Advisory.

What is your Portfolio Actually Made of? | The Shift To Asset-light Business Models

📊 Full Interactive Brief: https://www.practitionersbrief.com/insights/what-your-investment-portfolio-is-actually-made-of 👉 Need Help? Schedule a call: https://calendly.com/jcervantes-primefinancial/30min 92% of the S&P 500 is built on things you cannot see, touch, or verify. In 1975 that number was 17%. Most investors never consciously chose this. The market just changed around them. This is Part 1 of a four-part series on what your portfolio is actually made of and why it matters right now.0:00 The question nobody asks about your portfolio0:40 The 92% number and what it means1:27 Why the economy shifted from physical to intangible2:34 The businesses that defined the era6:15 The question nobody is asking right now©2026 Prime Capital Financial. The views and information contained herein are (1) for general educational or informational purposes only, (2) are not to be taken as a recommendation to buy or sell any investment, and (3) should not be construed or acted upon as investment or tax advice. The information contained herein was obtained from sources we believe to be reliable but is not guaranteed as to its accuracy or completeness.Investing involves risk. Investors should be prepared to bear loss, including total loss of principal. Diversification does not guarantee investment returns and does not eliminate the risk of loss. Past performance is no guarantee of comparable future results.No guarantees expressed or implied. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. Fixed insurance and annuity product riders, features, and guarantees are subject to the claims paying ability of the issuing company. This information does not constitute legal advice. Prime Capital Financial and its associates do not provide legal advice. Individuals should consult with an attorney regarding the applicability of this information for their situations.Advisory products and services offered by Investment Adviser Representatives through Prime Capital Investment Advisors, LLC (“PCIA”), a federally registered investment adviser. Tax planning and preparation services are offered through Prime Capital Tax Advisory. PCIA: 6201 College Blvd., Suite 150, Overland Park, KS 66211. PCIA doing business as Prime Capital Financial | Wealth | Retirement | Wellness | Family Office | Tax Advisory.

The Iran War and Your Portfolio: History, Energy Risk, and What to Watch

📊 Full Interactive Brief: https://www.practitionersbrief.com/in... [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqa01GS0hUbEZGcjJ1ZnZuRGJOSVBvVmxOTVV4Z3xBQ3Jtc0tuU2VfSHpBN2dDNk9qckJSd0NiVi1wMER2ajR4dy1xOE9rS2ZZdFdOMzY5RU9qY3l2elBtQnBXdkFOb0ZTclJST2lHdW12RkJoLU9ISEJRTF9DNFI1WHAtU1R6UURZM1dDQk9zRjl3Y1dxUHB5Sm13bw&q=https%3A%2F%2Fwww.practitionersbrief.com%2Finsights%2Firan-war-portfolio-energy-risk&v=cnF5fJQmz7g]👉 Need Help? Schedule a call: https://calendly.com/jcervantes-prime... [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbThiX2ZGUGh3Q05qYTRkVUNweVd4RU9odVJ4d3xBQ3Jtc0tuSHJWUUpNblAxT29UdENrT1FjYjA2MGthTFowdm8tR1dJbTIxalhyRjYycFJUdTB2cWJhR3B6LUdycnUyQmpRWkFEYTF3eEpLSjlNNUlyQ09wRXhSUTdNV1BlLXV4XzA2WnlKdFlsbDdkQVlMVkZZQQ&q=https%3A%2F%2Fcalendly.com%2Fjcervantes-primefinancial%2F30min&v=cnF5fJQmz7g]Investing Through the Iran War: What History Actually Says About Military Conflict and MarketsThe US and Israel began joint air attacks on Iran on February 28, 2026. Equity markets dropped just 2% in the first week. Financial media is citing average post-conflict returns, but averages obscure the range of outcomes and miss what actually matters this time.In this episode, I break down why the "do nothing" playbook carries more risk than usual, what the crude oil forward curve is telling us in real time, and the five signals I am watching to determine whether this is a short-term disruption or a durable energy supply shock.Topics covered:• Why average post-conflict market returns are practically useless• Four conditions that make this conflict different from past geopolitical shocks• The China-Iran relationship and what it means for investors• Three common knee-jerk reactions and how to think about each one• Five real-time indicators to monitor going forwardThis is not financial advice. It is one practitioner's perspective on navigating uncertainty with discipline.0:00 [https://www.youtube.com/watch?v=cnF5fJQmz7g] Iran conflict and the first week of market reaction1:12 [https://www.youtube.com/watch?v=cnF5fJQmz7g&t=72s] What history actually says about investing through war2:26 [https://www.youtube.com/watch?v=cnF5fJQmz7g&t=146s] Why the "do nothing" playbook is riskier this time5:10 [https://www.youtube.com/watch?v=cnF5fJQmz7g&t=310s] Three knee-jerk reactions and how to think about them7:07 [https://www.youtube.com/watch?v=cnF5fJQmz7g&t=427s] Five signals I am watching right now©2026 Prime Capital Financial. The views and information contained herein are (1) for general educational or informational purposes only, (2) are not to be taken as a recommendation to buy or sell any investment, and (3) should not be construed or acted upon as investment or tax advice. The information contained herein was obtained from sources we believe to be reliable but is not guaranteed as to its accuracy or completeness.Investing involves risk. Investors should be prepared to bear loss, including total loss of principal. Diversification does not guarantee investment returns and does not eliminate the risk of loss. Past performance is no guarantee of comparable future results.No guarantees expressed or implied. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. Fixed insurance and annuity product riders, features, and guarantees are subject to the claims paying ability of the issuing company. This information does not constitute legal advice. Prime Capital Financial and its associates do not provide legal advice. Individuals should consult with an attorney regarding the applicability of this information for their situations.Advisory products and services offered by Investment Adviser Representatives through Prime Capital Investment Advisors, LLC (“PCIA”), a federally registered investment adviser. Tax planning and preparation services are offered through Prime Capital Tax Advisory. PCIA: 6201 College Blvd., Suite 150, Overland Park, KS 66211. PCIA doing business as Prime Capital Financial | Wealth | Retirement | Wellness | Family Office | Tax Advisory.

Back to Basics: Bonds +AI Disruption

Markets are in the middle of an “AI disruption repricing” – with agents, automation, and new workflows hitting legal, finance, logistics, and more in real time. In this Back to Basics episode, I connect that volatility to what’s changed in bonds since the 2022 bear market and how to actually use fixed income in 2026 and beyond. We’ll look at barbell portfolio construction, two long-term AI/interest rate scenarios, and practical ways to ladder bonds around real-life cash needs. 📋 Full Brief: https://www.practitionersbrief.com/in... [https://www.youtube.com/redirect?event=video_description&redir_token=QUFFLUhqbDgzWHlnZS0zelI5NEF3aW9DMkI2cGRGSDI4UXxBQ3Jtc0tuOFd4ZzRJMjBUMFAtS3FLTHdxWmRjTWtmR1hYRkV3OXFZQ0k3OXVhYnhhQ3dIc2RNRHdwRmc5bm12U3BIUXNQVnhwWlhRcWlFUWlTVlpwcGs4dm1IWGlzNWhkZ2M5STlfVzVNdVEzcW51VG1BeFVQTQ&q=https%3A%2F%2Fwww.practitionersbrief.com%2Finsights%2Fbondsin2026&v=ZStVDCGJ7Qg] 0:00 [https://www.youtube.com/watch?v=ZStVDCGJ7Qg] – AI disruption repricing and recent market volatility3:20 [https://www.youtube.com/watch?v=ZStVDCGJ7Qg&t=200s] – Building a barbell portfolio: AI‑driven growth plus durable legacy businesses4:50 [https://www.youtube.com/watch?v=ZStVDCGJ7Qg&t=290s] – What’s changed in bonds: roles, rates, and the post‑2022 bear market6:20 [https://www.youtube.com/watch?v=ZStVDCGJ7Qg&t=380s] – Two long‑term scenarios for AI, growth, inflation, and interest rates9:35 [https://www.youtube.com/watch?v=ZStVDCGJ7Qg&t=575s] – When and why to own bonds today (laddering, time horizons, and retirement cash needs)©2026 Prime Capital Financial. The views and information contained herein are (1) for general educational or informational purposes only, (2) are not to be taken as a recommendation to buy or sell any investment, and (3) should not be construed or acted upon as investment or tax advice. The information contained herein was obtained from sources we believe to be reliable but is not guaranteed as to its accuracy or completeness.Investing involves risk. Investors should be prepared to bear loss, including total loss of principal. Diversification does not guarantee investment returns and does not eliminate the risk of loss. Past performance is no guarantee of comparable future results.No guarantees expressed or implied. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. Fixed insurance and annuity product riders, features, and guarantees are subject to the claims paying ability of the issuing company. This information does not constitute legal advice. Prime Capital Financial and its associates do not provide legal advice. Individuals should consult with an attorney regarding the applicability of this information for their situations.Advisory products and services offered by Investment Adviser Representatives through Prime Capital Investment Advisors, LLC (“PCIA”), a federally registered investment adviser. Tax planning and preparation services are offered through Prime Capital Tax Advisory. PCIA: 6201 College Blvd., Suite 150, Overland Park, KS 66211. PCIA doing business as Prime Capital Financial | Wealth | Retirement | Wellness | Family Office | Tax Advisory.