4.8 • 689 Ratings
🗓️ 2 December 2020
⏱️ 33 minutes
🧾️ Download transcript
One of finance’s most colorful personalities joins NLW to discuss how advisers spend their money, Robinhood traders, bitcoin and more.
This episode is sponsored by Crypto.com, Nexo.io and this week's special product launch, Allnodes.
Josh Brown is the CEO of Ritholtz Wealth Management. He is also the host of “The Halftime Report” on CNBC, author of the “Reformed Broker” blog and host of “The Compound Show” podcast.
Most recently, he is the author of “How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest.”
In this fun and freewheeling conversation, Josh and NLW discuss:
Find our guest online:
Twitter: @reformedbroker
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0:00.0 | This bonanza of, I don't want to say federal assistance, but maybe central bank assistance |
0:05.0 | combined with federal assistance, pushing the middle class and the upper middle class |
0:10.0 | back to whatever net worth they might have lost. And then you've got this whole underclass |
0:16.0 | of people who aren't really being helped by any programs other than, let's call it welfare. |
0:22.1 | Soup kitchen, like literally soup kitchens. |
0:25.7 | Welcome back to The Breakdown with me, NLW. |
0:29.8 | It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world. |
0:35.6 | The breakdown is sponsored by Crypto.com,, nexo.io, and all nodes, |
0:39.9 | and produced and distributed by CoinDesk. What's going on, guys? It is Wednesday, December 2nd, |
0:46.7 | and today I am joined by someone that you might know. He's the host of the halftime report on |
0:52.3 | CNBC, author of the Reformed Broker blog, host of the |
0:56.1 | compound show podcast and CEO of Rittholz Wealth Management. I'm talking, of course, about Josh |
1:01.8 | Brown. Josh is also the author of How I Invest My Money, a new collection of essays from |
1:08.0 | financial managers that flip the switch, and instead of simply |
1:11.2 | asking them for advice, ask them what they actually do, and even more importantly, why. |
1:17.3 | In this episode, we talk about what inspired him to write that book, why we should be excited |
1:22.1 | about the new generation of Robin Hood Trader Kids, why the stock market has rewarded |
1:26.5 | permables, and of course, Bitcoin, |
1:29.4 | which Josh labels as being right square in the middle of the, quote, respectability rally. |
1:35.2 | Now, for those who are used to these shows, usually we're pretty good about swearing, |
1:38.7 | but Josh and I get a little fired up, so there may be a few more bombs than you're used to, |
1:43.9 | but I know you're going to enjoy it |
... |
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