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The Compound and Friends

Expected Returns

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 10 December 2021

⏱️ 75 minutes

🧾️ Download transcript

Summary

On this week's episode of The Compound & Friends, Michael Batnick, Ben Carlson, Shannon Saccocia and Downtown Josh Brown discuss: unemployment, earnings, expected returns, international stocks, asset price inflation, tech IPOs, fintech, and more! Thanks to our sponsor Cadre! Invest in a portfolio of professionally-curated commercial real estate in minutes, check out: http://go.cadre.com/compound 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/ 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

All right, so Michael will join us shortly. He's just trading the crypto close. So he's he's gonna be a while.

0:07.6

This kid is this kid is so lost in the metaverse right now like on purpose.

0:12.2

Like he wandered in and we should have tied a string to him because I don't know how we're gonna pull him back out.

0:18.1

He's like nine million doors to get him out. He is so in deep. Yeah. I think he's I think he's uh

0:24.5

his avatars just running wild in the in the in the omniverse right now.

0:28.8

So I don't I don't know if we're gonna be able to save him. All right, Shannon, how'd you get here? You fly? I did. Okay. What are you saying?

0:36.8

Uh next door the park terrors. Smart. It's good hotel, right? Yeah, it's not bad. We were just talking about how small the rooms are

0:42.7

but that's like everywhere in New York. You forget when you're not on the road all the time. You're like,

0:45.7

damn, it's a small hotel room. New York doesn't have big hotel rooms. Six inches on each side of the bed.

0:49.6

But I don't really need it if I'm by myself. It's not like yeah, it's a place to sleep. Yeah.

0:54.5

Oh, what's up, Shannon? Hi. Good to see you again. I get clustered. I'll look though in like a small hotel room.

1:01.2

The best ones have a radiator in them. That's when you know you got quality. You can't you can't

1:05.4

you can't with jokes. You touch yourself. You touch the radiator and you roll over onto a radiator.

1:10.4

I wake up with like the Joe Pesci M on my hand from home. I know you're in New York.

1:14.8

Somebody just texted me. This is a Bloomberg news article. Ken Griffin's son told him, quote,

1:22.5

you have to buy the constitution. What a little dick bag. Wait, Ken. He's explaining why he did it.

1:29.1

Yeah. He's blaming on his kids. Why did Siddle found the king. Here's a quote. Here's a quote.

1:35.2

I was sitting at this is a quote from Ken Griffin. I was sitting at home in New York and my son calls

1:40.0

me to say, Dad, you have to buy the constitution. His son is like Romulus. Right? His son is

1:46.8

definitely Roman. Roman. Yeah. Wait. So so does he own it like he that's over? Yeah. And then what's

1:55.2

like where to go? Like Arkansas? Like a me stop it. Duncan. He's very important. Yeah. It's an NFT.

2:01.8

Honestly, if he did that just for the likes, that would be very Elon-esque. Yeah. I wouldn't even

...

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