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The Compound and Friends

Canary in the Coal Mine

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 22 July 2022

⏱️ 98 minutes

🧾️ Download transcript

Summary

On episode 56 of The Compound and Friends, Shannon Saccocia joins Michael Batnick and Downtown Josh Brown to discuss the Nasdaq bounce, inflation vs spending, good news for the economy, Shannon's ideas for the second half, and much more! This episode is sponsored by The Peak Group. To learn more about investing in single family rentals visit https://bit.ly/3OCu6GQ. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/disclosures/ Inclusion of advertisements by podcast sponsors does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers: https://abnormalreturns.us5.list-manage.com/track/click?u=f8843b0fc6f0ed7d35e67dcf5&id=33b07916d1&e=4e0f612ef0. Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Do you remember the first time you and I ever met I do you do I do I was just

0:05.9

thinking about it the other day because I was in Englewood Cliffs were you and

0:09.3

I was in that room in that room where we met that big conference room yeah so

0:14.3

I remember that the show was like really trying to revamp and do just do a

0:22.6

better job at like new people having new people on yeah interviewed all these

0:27.4

new people and you were one of them what year we talking twenty fifteen five

0:31.8

years ago but I remember I sent an email after we did like a test we did like

0:36.6

a test show and I remember sending an email like Shannon's the real deal

0:40.4

because you and I ended up talking for an hour like off the air we do we're

0:45.1

talking about custodians and we were talking about as much as I did

0:48.1

because there's not a lot of advisors on the show it's not a lot of

0:51.3

right not a lot of advisors are good at televisions let's start with that

0:55.2

not a lot of right so soon I remember meeting you and I'm like Shannon

0:59.9

Shannon's the real thing well yeah because we were talking about all the

1:02.9

challenges of like delivery and you know you've got your competing against

1:06.6

you know the all the all the people that we compete against and you know

1:09.6

what's what's actually a competitive advantage yes like the delivery of your

1:13.4

service not like we all use the same instruments it's just how we deliver

1:17.6

them and and how you do that somebody emailed us today what makes an

1:20.8

excellent financial advisor oh it's a financial advisor great and I think like

1:23.7

stipulate that everybody has roughly the same technical chops I know it's like

1:28.2

not necessarily case but I think it's communication I think it's how you make

...

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