The Compound and Friends

The Compound

Join Downtown Josh Brown, Michael Batnick, and a rotation of their friends every Tuesday and Friday for expert insight and hot takes on the latest in business and investing.

See our disclosures here - https://ritholtzwealth.com/podcast-youtube-disclosures/

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592 episodes
Updated Friday
Explicit

Episodes592

Newest first

Apr 9, 2019 · 6 min
Emergency Broadcast: Chicken & Waffles (aka How Could Life Be Better?)
Josh Brown reminds the staff at Ritholtz Wealth Management to look up at the scoreboard in the sky every once in awhile, and to ask ourselves "How could life be better?" Enable our Alexa skill here - "Alexa, play the Compound show!"<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank">https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ</a> Talk to us about your portfolio or financial plan her
Apr 8, 2019 · 8 min
The thing about historical data (with Tadas and Ben Carlson)
"As market participants we all want more data, but once you understand where some of the data comes from you have to take it with a big grain of salt." Stock market data today is abundant and mostly free. However data purporting to go back decade, if not centuries, has a lot of issues with. Ben Carlson, institutional asset management chief at Ritholtz Wealth Management does as much research as anybody using historical data. So he has a unique perspective on what weight we should put
Apr 6, 2019 · 6 min
Permabears are Ridiculous People (with Josh and Michael)
This week, one of the most well known permabears came out and took a victory lap despite the fact his commentary has been negative about stocks forever.  But it's a trick...  People can pick different indexes, use price versus total return data, cherry pick from among their own statements and do all sorts of other jiujitsu to hide their bad calls. Investors would do better to ignore all of it, but this is hard - so being armed with this knowledge is the next best
Apr 5, 2019 · 7 min
Best Ideas portfolio (with Josh and Michael)
In a recent study, Vanguard took a look at the last 30 years worth of data for the Russell 3000 index, which represents the total stock market. They found something remarkable - over the last 30 years, 47% of stocks were unprofitable investments and almost 30% lost more than half their value. They also found, and this is the big one, that 7% of stocks had cumulative returns over 1,000%. But imagine how hard it would have been to identify that winning 7% and concentrate only on those
Apr 3, 2019 · 8 min
Your House versus the Stock Market with Josh and Ben Carlson
"Home ownership is often called both the American Dream and the biggest investment of your life. It’s debatable whether a house is truly an investment or not, especially when we’re talking about your primary residence." Ben Carlson, institutional asset management chief at Ritholtz Wealth Management did a post about why comparing the price appreciation in housing with the stock market is not a great idea. Downtown Josh Brown gets him on the phone to explain exactly why investors and
Apr 1, 2019 · 10 min
Overcoming Biases with Josh and Drew Dickson
Josh's guest today is portfolio manager Drew Dickson, who manages a concentrated portfolio of favorite stocks for Albert Bridge Capital. In a recent blog post, Drew explains the four "tools" he uses to overcome the biases that can cloud an investor's judgement and threaten a portfolio manager's ability to look at holdings objectively. Josh talks to Drew briefly about these ideas in today's The Compound mini podcast. You can read Drew's post here: <a href="http
Mar 29, 2019 · 13 min
An Economist Walks Into a Brothel (with Josh and Allison Schrager)
<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank">Enable the skill on Amazon</a> - "Alexa, play The Compound Show" Josh here - I had so much fun hanging out with my friend Allison Schrager this week on the eve of her gigantic book launch for An Economist Walks Into a Brothel. Allison spent time with big wave surfers, Nevada prostitutes, Hollywood film producers, paparazzi cameramen, horse breeders, magicians and other real world
Mar 27, 2019 · 5 min
What will Warren Buffett do next (with Michael and Josh)
Bloomberg reporter Tara LaChapelle asks whether or not Warren Buffett will complete one last "elephant-sized" deal before calling it a career. He's 88 years old, so the clock is ticking. Join Michael Batnick and Downtown Josh Brown as they discuss the possibilities and a recent history of Buffett's acquisitions. Please jump in with your comments too, we'd love to hear what you think! You can read the full article here:<a href="https://www.bloomberg.com/opinion/art
Mar 25, 2019 · 10 min
Emergency Broadcast - Josh's announcement
Josh makes a big announcement to the staff of Ritholtz Wealth Management. <a href="https://ritholtzwealth.com/" target="_blank">https://ritholtzwealth.com/</a> <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.
Mar 17, 2019 · 8 min
Selling Big Winners (with Josh, Michael and Blair)
There you are, sitting on a massive gain in a big winning stock. And now it's become a large portion of your portfolio and your net worth increasingly depends upon that stock staying up. Now what? Diversification will rarely look as attractive in hindsight versus the huge gains that are possible from a big winning stock. And regret minimization is one of the most important strategies in finance given how our behavior affects our long term returns.  In this episode of
Feb 19, 2019 · 5 min
Tadas Viskanta and Josh Brown on Voice and Mini-pods
Tadas Viskanta and Josh Brown discuss the future of communications within the investment business, and how the home speaker phenomenon is sure to change the game as it proliferates. If investors are using the voice-enabled internet more and more, it stands to reason that their financial advisors and asset managers will want a way to communicate with them there. <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer'
Feb 19, 2019 · 5 min
Ben Carlson on the Dreaded Earnings Recession
Ben Carlson and Josh Brown discuss the earnings recession. <hr> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.

The Compound and Friends

Emergency Broadcast: Chicken & Waffles (aka How Could Life Be Better?)

The thing about historical data (with Tadas and Ben Carlson)

Permabears are Ridiculous People (with Josh and Michael)

Best Ideas portfolio (with Josh and Michael)

Your House versus the Stock Market with Josh and Ben Carlson

Overcoming Biases with Josh and Drew Dickson

An Economist Walks Into a Brothel (with Josh and Allison Schrager)

What will Warren Buffett do next (with Michael and Josh)

Emergency Broadcast - Josh's announcement

Selling Big Winners (with Josh, Michael and Blair)

Tadas Viskanta and Josh Brown on Voice and Mini-pods

Ben Carlson on the Dreaded Earnings Recession