<p>Josh Brown and Michael Batnick discuss the recent rash of commentary about the "Death of Value Investing," a discipline that has already died a thousand deaths before and yet is continually resurrected. Michael points out that growth investing is currently on a 30-year win streak versus value investing, while the distance between cheap stocks and expensive stocks has never been more stretched. Josh's take is that the idea of buying an asset for less than it's worth is immortal, but the inputs we base these decisions on might need to change. Perhaps it's not a problem with the concept, but with the measurements.&nbsp;</p><br><p>You can find more of Michael's thoughts and charts on the topic at his post below: <a href="https://theirrelevantinvestor.com/2020/05/12/the-case-against-value-investing/" rel="noopener noreferrer" target="_blank">https://theirrelevantinvestor.com/2020/05/12/the-case-against-value-investing/</a>&nbsp;</p><br><p>You can find Josh's written rant on value investing here: <a href="https://thereformedbroker.com/2020/05/12/value-investing-is-immortal/" rel="noopener noreferrer" target="_blank">https://thereformedbroker.com/2020/05/12/value-investing-is-immortal/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p><strong>Unlimited Economic Stimulus: What Are Your Thoughts?</strong></p><p>Join Michael Batnick and Downtown Josh Brown for another all-new edition of What Are Your Thoughts? as they discuss:&nbsp;</p><p>- US stocks just had their best monthly performance in 30 years&nbsp;</p><p>- what was the catalyst?&nbsp;</p><p>- Has Warren Buffett's magic touch faded away? Why Berkshire's annual shareholder "meeting" was so underwhelming.&nbsp;</p><p>- Josh got the antibody test. Why wouldn't everyone? Maybe because it doesn't mean anything.&nbsp;</p><p>- Is there any limit to how much money the Fed and Treasury can throw at the economy? Do we have any choice?&nbsp;</p><p>- Michael Jordan talked about the downside of fame in this week's 'The Last Dance' - the press tears our idols down on Wall Street too.&nbsp;</p><br><p><strong>The Yield Curve Indicator is UNDEFEATED</strong></p><p>Josh here - Okay, so now we're officially in recession. What happens next? How long will this go on for?&nbsp;</p><br><p>Last fall we had Professor Campbell Harvey, partner and senior advisor to Research Affiliates, on The Compound to discuss the inverted yield curve, an economic indicator he had discovered in the 1980's. Cam explained that this indicator - when Treasury interest rates on shorter-term bonds rise above those being paid on longer-dated bonds - has been successful at predicting recessions 7 out of 7 times with zero false signals along the way. This recession means it's now 8 for 8!&nbsp;</p><br><p>Join us for a discussion about the way the signal should be thought about now with the Fed's overnight rate back at zero. We also discuss whether or not the economy is bottoming, what has to happen for the recession to end, and why this environment is like nothing we've ever seen before in history.</p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p><br></p><p>Episode starts with Josh asing his friend Jeff Macke to pop on and tell us about what's happening with America's largest retailers, and how the coronavirus ended up being both a challenge and an opportunity for them. Jeff is an expert in all things big box retailing and ecommerce, He's also hilarious and one of the nicest guys I know. Hope you enjoy and learn some stuff from this!</p><br><p>Later, Michael Batnick talks with Logan Mohtashami, columnist for HousingWire, about where the housing market was prior to COVID-19, how quickly the market reacted, and what it will look like when the economy reopens.</p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p><strong>Why Credit Card Losses Could Explode: What Are Your Thoughts?</strong></p><br><p>On an all new What Are Your Thoughts, Josh Brown and Michael Batnick tackle all the biggest topics of the moment.</p><br><p>In this edition:</p><p>* Five US stocks are now bigger than the entire developed world's stock markets combined, how can this be?</p><p>* What are the investor takeaways from the massive crash in oil prices?</p><p>* Did an oil ETF popular with retail traders contribute to negative oil prices this week?</p><p>* Are people more comfortable about ordering in food as a break from cooking at home now?</p><p>* How long would you stay in your home, no matter what the government says?</p><p>* Watching old NBA games</p><p>* Reactions to ESPN's The Last Dance</p><br><p><br></p><p><strong>What Does The Fed Actually Do?</strong></p><br><p>Michael Batnick talks with Cullen Roche about what the federal reserve actually does, what their critics get right, and how their actions today compare with what they did during the Great Financial Crisis.</p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>On an all new What Are Your Thoughts - Michael Batnick and Downtown Josh Brown discuss:</p><br><p>* Are there any Crisis Stars being created on Wall Street during this bear market?</p><p>* Human behavior in a bear market has not changed much</p><p>* Why this won't be the next Great Depression</p><p>* Michael thinks he's one of those "business call from a Peloton" guys</p><p>* Why America needs Major League Baseball to come back</p><p>* ETF trading volume is not indicative of the "death of passive"</p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

On this week's episode, Ben sits down with investor, author, and market historian William Bernstein to put the current crash into perspective with history's worst crises.<br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Josh here - I asked my colleague Blair duQuesnay about what's happening on our investment committee these days and what the decision making process is like given recent circumstances. We also talk about what it's like to live and work in New Orleans these days, a city that has joined New York on the list of US epicenters for COVID-19 cases. Blair is a Certified Financial Planner (CFP) working with clients of the firm and a Chartered Financial Analyst (CFA) who serves with four other members of Ritholtz Wealth on the Investment Committee.</p><br><p>You can check out Blair's blog at <a href="https://blairbellecurve.com/" rel="noopener noreferrer" target="_blank">https://blairbellecurve.com/</a> and reach out to her here: <a href="https://ritholtzwealth.com/contact/request-more-info/" rel="noopener noreferrer" target="_blank">https://ritholtzwealth.com/contact/request-more-info/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>On an all new What Are Your Thoughts - Michael Batnick and Josh Brown discuss the biggest topics of the moment. Including:</p><br><p>* Do investors care at all about the details of Congressional stimulus plans?</p><p>* Mark Cuban just said what everyone's thinking.</p><p>* What do you with a Black Swan fund now that it's already Swanned?</p><p>* The biggest single day of retail investor stock selling.</p><p>* The fastest 30% bear market in history - just 22 days!</p><p>* Will Work From Home become the new normal?</p><p>* Did the stock market bottom?</p><br><p>...and much more! Let us know what your thoughts!</p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

I made a decision. We are not going to participate in this recession. There's too much work to be done. Bank of America Merrill Lynch anticipates something like 3.5 million American jobs lost by the end of the 2nd quarter and a doubling of the unemployment rate. We have no control over that. We only have control over our response to it.<br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Michael Batnick and Downtown Josh Brown discuss all of the recent market volatility from the COVID-19 situation, including some takes on stock buybacks, what 13Fs might look like, the 10 stocks that have raised their dividends for 50 years straight, the overall damage so far and why we need to be bullish on treatments, and save the enthusiasm for vaccines for a later time.</p><br><p>We love all of our viewers and subscribers and are thinking of you as we have this discussion. Stay strong, we WILL return.</p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>First up,<strong> </strong>Michael Sonnenshein, Managing Director of Grayscale Investments, stopped by The Compound to discuss bitcoin with Josh and Michael. Grayscale runs the largest bitcoin fund in the world, with nearly $3 billion in AUM. What does the future of bitcoin look like?</p><br><p>And then on today's episode of What Are Your Thoughts, Michael Batnick and Josh Brown get into all the hottest topics in investing and finance.</p><ul><li>Josh's apology for rooting for corrections</li><li>Has the market bottomed or do we need a retest of the low?</li><li>Would rather know about a market bottom or a market top in advance?</li><li>Josh is reading about viruses and outbreaks around the clock, what's the point?</li><li>Zoom Media became a hot stock because of teleconferencing, and then traders bought the wrong ticker too - on purpose?</li><li>Why do people share their transactions on Venmo?</li><li>Every analyst now gets a base case, bull case and bear case - whatever happened to making a call and standing by it? </li><li>The Fed dropped a surprise interest cut of 50 basis points during our show - Michael and Josh react in real time.</li></ul><p><br></p><p>Be sure to subscribe to our channel so you never miss an update:</p><p><a href="https://www.youtube.com/thecompoundrwm?sub_confirmation=1" target="_blank">https://www.youtube.com/thecompoundrw...</a></p><br><p>Beginning Investors, check out Liftoff:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=http%3A%2F%2Fliftoffinvest.com" target="_blank">http://liftoffinvest.com</a></p><br><p>Follow us on Twitter:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Ftwitter.com%2FRitholtzWealth" target="_blank">https://twitter.com/RitholtzWealth</a></p><br><p>Follow us on Facebook:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Fwww.facebook.com%2Fritholtzwealth%2F" target="_blank">https://www.facebook.com/ritholtzwealth/</a></p><br><p>Talk with us about your portfolio or financial plan here:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=http%3A%2F%2Fritholtzwealth.com%2F" target="_blank">http://ritholtzwealth.com/</a></p><br><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Fthereformedbroker.com%2Fterms-and-conditions%2F" target="_blank">https://thereformedbroker.com/terms-a...</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>First up, Dan McMurtrie. He and his partners founded Tyro Partners, a New York City-based hedge fund, at a time when hedge fund closings are much more common than emerging fund launches. Dan lists some of the most important things he's figured out on his journey. He also talks about how one of the most under-appreciated sources of alpha is being nice to people.</p><br><p>Later on we bring in Rich Greenfield, one of the most widely followed and respected analysts in the technology, media and telecom (TMT) space on Wall Street. Michael Batnick and Josh Brown got a chance to talk to him about the launch of Disney+, the rise of over-the-top streaming apps like Netflix, why Roku is such a hot stock and what we can expect for the next generation of video launches. One thing Rich is certain of is that while there may be winners among streaming services, traditional broadcast TV is sure to be the biggest loser.</p><br><p>You can follow Dan's renowned Twitter feed / alter-ego Super Mugatu here:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=XZFUpQqnJ9fRYVp7nUMVI51qLpV8MTU4MjU5NTEyNkAxNTgyNTA4NzI2&amp;q=https%3A%2F%2Ftwitter.com%2Fsupermugatu&amp;v=YJNnEUSnPC8" target="_blank">https://twitter.com/supermugatu</a></p><br><p>Tyro Partners homepage here:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;redir_token=XZFUpQqnJ9fRYVp7nUMVI51qLpV8MTU4MjU5NTEyNkAxNTgyNTA4NzI2&amp;q=https%3A%2F%2Fwww.tyropartners.com%2F&amp;v=YJNnEUSnPC8" target="_blank">https://www.tyropartners.com/</a></p><br><p>You can follow Rich Bernstein's ongoing commentary via his Twitter account:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Ftwitter.com%2FRichLightShed" target="_blank">https://twitter.com/RichLightShed</a></p><br><p>...and check out his excellent blog here:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Flightshedtmt.com%2F" target="_blank">https://lightshedtmt.com/</a></p><br><p><br></p><p>Be sure to subscribe to our channel so you never miss an update:</p><p><a href="https://www.youtube.com/thecompoundrwm?sub_confirmation=1" target="_blank">https://www.youtube.com/thecompoundrw...</a></p><br><p>Beginning Investors, check out Liftoff:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=http%3A%2F%2Fliftoffinvest.com" target="_blank">http://liftoffinvest.com</a></p><br><p>Follow us on Twitter:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Ftwitter.com%2FRitholtzWealth" target="_blank">https://twitter.com/RitholtzWealth</a></p><br><p>Follow us on Facebook:</p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Fwww.facebook.com%2Fritholtzwealth%2F" target="_blank">https://www.facebook.com/ritholtzwealth/</a></p><br><p>Talk with us about your portfolio or financial plan here: </p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=http%3A%2F%2Fritholtzwealth.com%2F" target="_blank">http://ritholtzwealth.com/</a></p><br><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer: </p><p><a href="https://www.youtube.com/redirect?event=video_description&amp;v=vWnsqHG_hXA&amp;redir_token=KaiSUSH5OVr_cxo4_njpIQpH6698MTU4MjU5NTEyOUAxNTgyNTA4NzI5&amp;q=https%3A%2F%2Fthereformedbroker.com%2Fterms-and-conditions%2F" target="_blank">https://thereformedbroker.com/terms-a...</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

Apple warns of Coronavirus slowdown - Financial advisors never actually retire in real life - Is February too early to be citing year-to-date performance? - Reactions to the NBA’s All Star Break - How many bagels is too many? - Josh is rooting for stocks to go flat-on-year - Cruises - what’s the deal with that? Why do people like them?<br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>In this edition of What Are Your Thoughts, Michael Batnick and Josh Brown discuss:</p><br><p>* YouTube revenue growth is on fire, but who gets the money?</p><p>* Netflix vs Cable Subs - crossover imminent!</p><p>* The short squeeze in Tesla stock is probably the largest in the history of the stock market. </p><p>* The stock market is recovering from its worst week in a while</p><p>* What should investors make of the Coronavirus that seems to be roiling cross-border trade with China and the rest of the world? </p><p>* Amazon earnings</p><p>* Michael and Josh on the Super Bowl, did the right team win? </p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Michael Batnick sits down with Data Scientist Nick Maggiulli to talk about one of the most commonly asked questions in the world of money, “When is the best time to invest?” The answer will definitely surprise you, check it out.</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Barry and Michael sit down with Ben to discuss financial fraud and his new book "Don't Fall For It: A Short History of Financial Scams."</p><br><p>Pick up a copy of Ben's book:</p><p>https://www.amazon.com/Dont-Fall-Short-History-Financial/dp/1119605164</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Josh recently met up with Scott Redler at the New York Stock Exchange to discuss moving averages, and trading vs investing. Scott is the Chief Strategic Officer at T3 Live.</p><br><p>Check out Scott's new book "The Ultimate Guide to Moving Averages:"</p><p>https://www.t3live.com/blog/scott-redler-free-ebook/</p><br><p><a href="http://plinkhq.com/i/1456467014" rel="noopener noreferrer" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" rel="noopener noreferrer" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" rel="noopener noreferrer" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" rel="noopener noreferrer" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" rel="noopener noreferrer" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" rel="noopener noreferrer" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>In this edition of What Are Your Thoughts, Michael Batnick and Josh Brown discuss:</p><br><p>* Gold vs Bitcoin, let the trolling begin!</p><p>* Google joins the Trillion Dollar Club, who's next? </p><p>* Can Bill Simmons sell The Ringer podcast network for $200 million?</p><p>* Actively managed US stock mutual funds had a great year in 2019, but most still couldn't catch the S&amp;P 500. So what? </p><p>* Will direct indexing disrupt the ETF business? </p><p>* Warren Buffett's preferred metric to gauge how expensive the stock market is.</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Josh here - Michael Batnick and I discuss the recent milestones for the Dow Jones Industrial Average and the incredibly slow grind that's gotten us here. According to the Wall Street Journal "hasn’t moved 1% or more in either direction since mid-October, its sixth-longest streak since the end of 1969 and third-longest since the end of 1995."</p><br><p>We ran the numbers and looked at the absolute change in daily stocks prices. It turns out that on a rolling 30-day basis, stocks have almost never been this calm.</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>The recent flare-up in the Middle East has investors asking questions about what might happen to their portfolios if a war breaks out. While every scenario is different and the variables change, there are some important things to understand about how wars have historically affected the Dow Jones Industrial Average.</p><br><p>Ben Carlson is the Director of Institutional Asset Management at Ritholtz Wealth Management. This past week, he took a look at how US stocks have acted during WWI, WWII, the Korean War, Vietnam, the Gulf War, etc. Ben shares his findings in a new article at Fortune Magazine and in this video with Josh Brown.</p><br><p>Read Ben's full article here:</p><p><a href="https://fortune.com/2020/01/03/iran-us-conflict-stock-market-oil-prices/" target="_blank">https://fortune.com/2020/01/03/iran-us-conflict-stock-market-oil-prices/</a></p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>On a new edition of What Are Your Thoughts, Josh Brown and Michael Batnick discuss the hottest topics in finance and investing:&nbsp;</p><br><p>* Is there any such thing as the optimal time to rebalance your portfolio?&nbsp;</p><br><p>* Is Instagram ad targeting weirding you out or doing you a favor?</p><br><p>* Vanguard started the year off slashing commissions on options trades and mutual funds.</p><br><p>* The median IPO has underperformed the stock market by 20 percentage points this decade!</p><br><p>* Josh says 'Uncut Gems' starring Adam Sandler is actually a personal finance movie.</p><br><p>* What was the biggest surprise of 2019?&nbsp;</p><br><p>* Bill Ackman delivered a 58% comeback performance in 2019, how'd he do it?&nbsp;</p><br><p>Let us know what your thoughts are on these topics, we love your feedback and comments! Happy New Year!&nbsp;</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Derek Thompson stops by The Compound to discuss how and why things go viral with Barry and Michael. Derek is a staff writer at The Atlantic and author of “Hit Makers.”</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Barry Ritholtz sits down with author and former WSJ journalist, Jonathan Clements to discuss how money is similar to health, smart ways to spend it, and how our thoughts about money change over the course of a lifetime.</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Downtown Josh Brown and Michael Batnick go head-to-head for a brand new What Are Your Thoughts! </p><br><p>In the final episode of 2019, Josh and Michael cover: </p><br><p>* It was almost impossible to lose money this year</p><p>* Does the success of DoubleLine over the last decade prove that building an active management company is still possible? </p><p>* The five best performing stocks in the S&amp;P 500 this year were AMD, Lam Research, KLA-Tencor, Chipotle and....Target? </p><p>* Why does Michael get bullied online more than Josh? </p><p>* 2020 analyst forecasts</p><p>* Josh's anti-coffee rant was trash </p><p>* Apple is the most emblematic stock of 2019</p><br><p>Let us know your thoughts on these topics! We love to hear from you. </p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>

<p>Nick Maggiulli is the data scientist at Ritholtz Wealth Management and author of the Of Dollars and Data blog. He tells Michael Batnick about a simple trick he uses to avoid feeling guilty while spending money. </p><br><p>Michael talks about how he funds his Liftoff account at the same time as he makes a large purchase. You can have a Liftoff account too, follow the link below - there's no minimum to get started!</p><p>http://liftoffinvest.com</p><br><p>Read "How to Spend Money" by Nick here:</p><p>https://ofdollarsanddata.com/how-to-spend-money/</p><br><p><a href="http://plinkhq.com/i/1456467014" target="_blank">1-click play or subscribe on your favorite podcast app</a></p><p>&nbsp;</p><p>Subscribe to the mini podcast on<a href="https://itunes.apple.com/us/podcast/the-compound/id1456467014?mt=2" target="_blank"> iTunes</a> or<a href="https://open.spotify.com/show/5VKsKPZUtwVylxslLie36k?si=W5sikLxWR0avObQlrLqlmw" target="_blank"> Spotify</a>&nbsp;</p><p>&nbsp;</p><p>Enable<a href="https://www.amazon.com/Ritholtz-Wealth-Management-LLC-Compound/dp/B07P777QBZ" target="_blank"> our Alexa skill here</a> - "Alexa, play the Compound show!"</p><p>&nbsp;</p><p>Talk to us about your portfolio or financial plan here:&nbsp;</p><p><a href="http://ritholtzwealth.com/" target="_blank">http://ritholtzwealth.com/</a></p><p>&nbsp;</p><p>Obviously nothing on this channel should be considered as personalized financial advice just for you or a solicitation to buy or sell any securities. Please see this 3,000 word terms &amp; conditions disclaimer:</p><p><a href="https://thereformedbroker.com/terms-and-conditions/" target="_blank">https://thereformedbroker.com/terms-and-conditions/</a></p><br /><hr><p style='color:grey; font-size:0.75em;'> 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.</p>