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The Compound and Friends

Charlie Munger Passes, What’s in Warren Buffett’s Will With Gary Pulford, Year End Stock Rally

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 29 November 2023

⏱️ 73 minutes

🧾️ Download transcript

Summary

On this episode of TCAF Tuesday, Josh Brown is joined by advisor Gary Pulford to discuss Warren Buffett's philanthropy and how he plans to make an impact long after he's gone. Then, Josh joins Michael Batnick for an all-new episode of What Are Your Thoughts. This episode's topics include: Charlie Munger, market euphoria, record corporate profits, holiday sales, how Amazon jumped FedEx and UPS in the delivery game, and much more! Thanks to US Benchmark Series for sponsoring this episode! Learn more about F/m Investments and US Benchmark Series at www.ustreasuryetf.com. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements 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 see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. 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/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Ladies and gentlemen welcome to the compound and friends. I'm your host downtown Josh Brown very nice of you to join us tonight is a Tuesday night. We have a great show for you

0:10.4

Warren Buffett put out a letter to his fellow shareholders Warren Buffett put out a letter to his fellow shareholders.

0:14.3

Warren Buffett has a net worth of about $121 billion and he's trying to give all of it away,

0:22.3

99% of it away.

0:24.2

And so we talk a little bit about what that's

0:27.4

going to look like and how that works

0:29.7

with our own in-house trust and estates expert Gary Polford.

0:34.0

Gary Polford is a financial advisor at Redholz Wealth.

0:38.0

He is very knowledgeable on the topic of how wealth is distributed philanthropically by families who have been

0:46.7

very successful and your family is going to be very successful someday. And look at you.

0:53.1

You're listening to investing podcasts

0:56.1

in your spare time.

0:57.6

So obviously you are driven, trying to better your situation,

1:02.0

trying to build your wealth so someday and maybe

1:04.8

that day is soon and maybe it's decades from now you will be in a position to

1:08.8

give away a lot of money and so this is a really important topic and I hope you enjoy the

1:13.7

discussion between Gary and I and then my buddy my guy my pal Michael Batnik my

1:20.2

co-host for what are your thoughts we get into pretty much everything we look at

1:26.1

the collapse and volatility we look at small cap tech which is an area we really

1:32.3

haven't spent a lot of time on we get into the

1:35.4

year-end rally with the potential for a year-end rally and so much more so stick around

1:40.6

for that and thank you guys so much for tuning in.

...

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