Ramit Sethi (I Can Teach You To Be Rich) visits The Compound!

This was an awesome afternoon – hope you enjoy this conversation as much as we did having it. [embedded content] A visit from personal finance expert and New York Times bestselling author Ramit Sethi! Josh Brown, Ben Carlson and Michael Batnick sat with Ramit to discuss the second edition of his bestselling book “I Will […]

What Are Your Thoughts: The $47 Trillion Question

[embedded content] SUBSCRIBE TO THE COMPOUND Josh and Michael with special guest Ben Carlson (A Wealth Of Common Sense) play What Are Your Thoughts? We discuss: * Why are there over 100,000 funds in the industry? * Why Josh loves Giannis Antetokounmpo even more now * What to make of the first non-transparent ETF * […]

The Only Two Scarce Resources Left on Wall Street

There are only two commodities left worth anything in the money management business. In an all hands meeting at Ritholtz Wealth, CEO Josh Brown explains… Talk to us about your portfolio or financial plan here! Subscribe to the mini podcast on iTunes or Spotify Enable our Alexa skill here – “Alexa, play the Compound show!”

The Three Phases of an Investor’s Life

I meet investors everywhere I go. Last night, at CitiField, I talked to a bunch of them – people who know me from TV or from Twitter or whatever. And in my conversations with them (after they ask to take a selfie, lol), I notice one consistent theme over and over again – they don’t […]

Amazon Ads vs Google, Instagram, Facebook

[embedded content] Click here to subscribe to our channel so you never miss an update As Amazon’s advertising platform grows, which existing platforms are the most vulnerable? Google? Facebook? Or can all three giants coexist? Josh Brown talks with media agency founder Greg March of Noble People about what’s going on. Follow us on Twitter […]

Live from StockTwits, at the cutting edge of trading and social media

[embedded content] Be sure to subscribe to our channel so you never miss an update Josh here, I spent some time at StockTwits headquarters to talk with Ian Rosen and Justin Paterno about the latest developments in trading and social media. Every month, more than 2 million active users visit StockTwits.com or use its app […]

How To Spend Your Marketing Dollars Wisely

[embedded content] Josh Brown talks to advertising expert Greg March, founder of New York media agency Noble People, about recent trends in the world of marketing and corporate ad spending. Greg is an industry veteran who has built a reputation for telling clients the truth about their ad campaigns, even when the truth is uncomfortable […]

Why Bitcoin Just Doubled

Today on the mini pod I asked my friend, fellow advisor and crypto currency expert Tyrone Ross. We talked about what’s happening, who is buying and what the next catalyst might be. You can listen below… Make sure to subscribe to The Compound Show on iTunes or Spotify Or – enable our Alexa skill here […]

Buyable Vix Spike

Ari Wald comments on the negative, nasty, no good week for US stocks. The S&P 500 fell 4% over five days, just a few sessions after everyone was worried about a melt-up. What a country! Ari notes that despite the damage we’ve just witnessed, the long-term trend is still intact and upward-sloping (which is nice). […]

The Book That Changed My Life

[embedded content] Josh here – on the 20th anniversary of Simple Wealth, Inevitable Wealth, I discuss why it’s the book that changed the entire trajectory of my career and laid the groundwork for my investing philosophy. Many books and authors have been influential and important to my understanding about how the market works. Simple Wealth, […]

Trade War Fears Prolong the Bull Market

If the trade wars and tariffs don’t drive us into recession (fingers crossed), then there is a bright side to consider – the fear of Trump’s next tweet or China’s next response is what’s keeping us from seeing an overenthusiastic investor class driving asset prices up at an unsustainable pace. The stock market is more […]

Ritholtz Infinity War

“We’re gonna need to add another table.” We brought 25 employees to Austin, Texas week for our inaugural corporate offsite this week. As a fast-growing firm with employees located from Portland to Charlotte, from New Orleans to Chicago, we’re very mindful of how important it is to get everyone together and make sure we’re all […]

Coming Up!

Hey, back in New York fresh from our Texas corporate offsite. What a week! Will post some pics this weekend. In the meantime, three things I wanted to put on your radar… First of all, today’s op-ed by Facebook co-founder Chris Hughes is today’s must-read. This is going to be read (or skimmed) by everyone […]

You couldn’t dream up a sicker lineup if you tried

As promised, we just unveiled the draft agenda for this September’s Wealth/Stack conference and it’s absolutely jaw-dropping. Some of the biggest hitters in the wealth management space are speaking live over the course of our two and a half day advisor conference. We have industry giants like Joe Duran (United Capital), Steve Lockshin (Advice Period), […]

Today in 2004, ‘Friends’ says goodbye

Today’s flash briefing on Alexa – May 6th 2004 was the series finale of NBC’s ‘Friends’ – how many people watched? How much was a commercial worth to advertisers? Listen below, and be sure to add the Market Moment skill on Alexa for market history and context Monday through Friday! Add us here: Market Moment […]

Charlie Munger on Commission-Based Brokers and Bankers

Jason Zweig and Nicole Friedman were lucky enough to have spent six hours talking with Charlie Munger over the dinner the other night and wrote it up for the Wall Street Journal this weekend. This exchange, wherein Charlie perfectly echoes my own experience and opinions about transactional brokerage and banking really caught my attention. In […]

Winter is Leaving

The US economy added 263,000 jobs in April, revisions pending, which looks night and day from the “disastrous” report from February, where, allegedly, only 20,000 jobs were created. That’s that residual seasonality I was trying to tell you about all winter. Economists are walking around like Drew Barrymore in 50 First Dates, every morning they […]

The Outer Space Trade

[embedded content] Be sure to subscribe to our channel so you never miss an update Andrew Chanin, CEO of Procure Asset Management, is well known for the thematic ETFs he’s created and now he’s out with a fund that is meant to offer investors a pure play on investing in space. Commercial space travel and […]

What Wall Street Doesn’t Want You To Know About Risk

Let’s start with the undeniable, incontrovertible fact: Risk and reward are inextricably linked. This is why stocks have returned almost double what bonds have returned over the last seven decades in the post-WWII era. This is in both nominal and real (adjusted for inflation) terms. CNBC has given me essentially free rein to tell my […]

Jeff Macke and I on Target, Amazon, Walmart etc

My friend Jeff Macke and I talked about Target on the minipod today. The company was founded today in 1962 and Jeff’s dad ran it in the 1970’s. Target’s stock has been on fire recently as the company takes on Amazon in the battle for consumers’ hearts and minds (and groceries). You can listen to […]

What Are Your Thoughts: The Hottest Stock Market in 20 Years

[embedded content] On an all new episode of What Are Your Thoughts: * The Dow Jones is off to its best start since 1999 * Are we witnessing an IPO Mania? * Should JPMorgan tweet? * Can you miss Game of Thrones and still be culturally relevant? * Who is more insufferable, Boston sports fans […]

The Fed’s Third Mandate is to Reelect President Trump

President Donald Trump, in his most brazen attack yet on the Federal Reserve, called for the central bank on Tuesday to cut interest rates by 1 percentage point and to implement more money-printing quantitative easing. In a two-part tweet, the president unfavorably compared the Fed to its China counterpart and said if monetary policy in […]

Big and Slowing or Small and Growing

The best businesses are the ones that are already big and still growing. These are the types of stocks people want to buy on the public market and they’re the type of private businesses that people want to work for and do business with. But being big and growing is hard to achieve. It’s not […]

How Endgame Smashed All the Records

Josh here – $1.2 billion is basically an entire year of Broadway box office, every single show in New York, every night, totaled up. This is an astonishing first weekend take for the film. I saw it with my 9 year old son and his friend, they didn’t move a muscle the entire runtime of […]

Wu-Tang + NYSE Forever

Wu-Tang Clan’s RZA rang the closing bell of trading yesterday and talked to my friend Sara Eisen about the music biz, the upcoming Showtime documentary series about his career, how he invests, Martin Shkreli and more. [embedded content]

why Tesla is a better short at lower prices

I’ve never been long or short Tesla or any options on Tesla, not now and not ever in the past. To borrow a heuristic from Charlie Munger, it’s been in my “too hard” pile for almost a decade now. The company’s investor cult is as dug in and entrenched as its army of critics and […]

Is a Volatility Tsunami Imminent?

Josh here – my friend Andrew Thrasher wrote this up at my request after sharing the below chart with me. Andrew focuses a lot on volatility, and what types of market conditions typically precede the sort of “volatility tsunamis” that appear from time to time. Have a look at the chart and read why Andrew […]

The Investment Management Tool Advisors Love

[embedded content] Be sure to subscribe to our channel so you never miss an update Sean Brown is the CEO of YCharts, one of the hottest investment research platforms on the web. Michael Batnick and Ben Carlson use YCharts for research projects all the time, whether they’re answering a client question, creating a blog post […]

The Crucible

I don’t think I would ever invest money with someone who isn’t on Twitter. Let me take a step back before you totally lose your mind over this statement. My friend JC Parets sent this picture to me from 2010 – it’s me, him, Brian Shannon (@AlphaTrends) and Dr. Phil Pearlman (one of the founders […]

Investing in the Real World – Not a Backtest!

[embedded content] Be sure to subscribe to our channel so you never miss an update Josh here – True story, Michael bought a house and had a gap between when his mortgage banker needed cash versus when his apartment in Brooklyn sold. This meant temporarily making sales in his investment account. This scenario is just […]

This Week on TRB

We tried this new thing yesterday on CNBC’s Twitter feed – a live Q&A show with me and Dominic Chu taking questions on things like the revitalized IPO market, how long-term investors should think about earnings season and much more. Maybe we’ll do it again, who knows. You can watch the whole thing in the […]

Total Return S&P 500 – Welcome to new highs

[embedded content] On an all new What Are Your Thoughts? with Michael Batnick and Downtown Josh Brown… * On a total return basis, the S&P 500 hits new highs* April, it’s pretty awesome right?* What is the best storyline of the NBA Playoffs so far?* Chinese stocks are up 30% this year! Who knew?* Has […]

My first ever Twitter Live Q&A for @CNBC

Okay, I’m trying something new tomorrow and I will need your help to see if it can work. CNBC is putting me on live Twitter video while I respond to questions (and comments?) from their Twitter feed. Obviously, I’m not giving individualized financial advice or doing a lightning round of investment buys and sells – […]

Facebook is Harvesting Your Organs!

Okay, I’m just kidding. I have a take on this morning’s revelations that Facebook has been employing user data as a strategic asset since 2012. Duh. It’s me, it’s Stephanie Ruhle, it’s Anthony Scaramucci – let’s go! Source: Facebook CEO treated user data as bargaining chip (MSNBC)

Operating at an Elite Level

Some stuff from this week’s all hands meeting inside Ritholtz Wealth Management, including a discussion about what it means to be operating at an elite level. Talk to us about your portfolio or financial plan here: http://ritholtzwealth.com/ Subscribe to the mini podcast on iTunes or Spotify Enable our Alexa skill here – “Alexa, play the Compound show!”

Here’s how it works now.

A mystery! Who doesn’t love a good mystery? Bloomberg headline: Magellan’s journey from icon to afterthought may be the starkest example of the eroding trust in professional stockpickers. Feingold’s record is strong: Under his tenure, which began in September 2011, Magellan has bested the S&P 500 index every full year but 2016. Annualized gains have […]

Be Terrified

You are going to run into people who are so certain of what higher volatility means for the markets that it’s as if they are reciting their own name and phone number. Be terrified of their indefatigability about a topic like this. Imagine the sheer arrogance and borderline mental illness required for a person to […]

The Grinch Comes to Omaha

Since the S&P 500 topped on September 21st, Berkshire Hathaway may have seen something on the order of over $30 billion in stock market drawdowns. It’s a startling number, even off of a large base of invested capital. According to Jim Sloan, writing at Seeking Alpha, the Berkshire portfolio’s losses from Apple alone could be […]

The Charts I’m Thinking About

Can President Trump fire the Chairman of the Federal Reserve? This is the question that we’ve been forced to ponder this weekend as news that Mr. Trump has been asking his advisors about it has been widely reported. The spin machine went into overdrive, putting Treasury Secretary Mnuchin out on Twitter to deny it and […]

My Big Lessons from 2018

These are the major things I’ve learned this year, in no particular order… Five people who buy into your mission are better than a hundred people who don’t. This applies to clients, to personnel you’re hiring, to partners you’re going into business with, to allies you’re bringing in to a project. There is strength in […]

You’re Not Crazy

The resignation of General Mattis and the new bear market in stocks both have a silver lining. They’re the first signs in awhile that you’re not crazy. 35% of America has lost its mind. But the other two thirds has not. It recognizes what is going on and it still reacts accordingly. You are not […]

The Big Jump

The average holding period for a mutual fund is something like three years. This is an average, so some people have more patience and some have less. But that’s at the product level. What about the average holding period for a particular investing strategy? Let’s just say that it’s probably similar. The reality of the […]