Individuals Outsmart the Pros, Live From Chicago With Ben and Callie, Morningstar CEO Kunal Kapoor

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.8 • 1.9K Ratings

🗓️ 6 June 2025

⏱️ 72 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 195 of The Compound and Friends, ⁠⁠⁠Michael Batnick⁠⁠⁠ and ⁠⁠⁠Downtown Josh Brown⁠⁠⁠ are joined by Ben Carlson and Callie Cox in front of a live audience to discuss: the biggest market surprises of 2025 so far, government spending, the risk of recession, cash on the sidelines, and much more. Then at 36:48, Morningstar CEO Kunal Kapoor joins Josh and Michael on stage to discuss: how AI is changing finance, the growth of active ETFs, access to private markets, and more! Recorded live on 6/3 at The Chop Shop Chicago. This episode is sponsored by F/m Investments. Check out RBIL today – for potential yield and as a hedge for inflation fears by visiting: https://www.ustreasuryetf.com/etf/rbil/ Sign up for The Compound Newsletter and never miss out: ⁠⁠⁠thecompoundnews.com/subscribe⁠⁠⁠ Instagram: ⁠⁠⁠instagram.com/thecompoundnews⁠⁠⁠ Twitter: ⁠⁠⁠twitter.com/thecompoundnews⁠⁠⁠ LinkedIn: ⁠⁠⁠linkedin.com/company/the-compound-media/⁠⁠⁠ TikTok: ⁠⁠⁠tiktok.com/@thecompoundnews⁠⁠⁠ 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. The Compound Media, Incorporated, 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	Today's episode of The Compound and Friends is brought to you by FM Investments.
0:04.0	Go to US Treasuryetf.com to learn more about their new ETF called Our Bill, that's R-B-I-L.
0:10.0	And this is for investors concerned about inflation.
0:13.0	And our bill is an ETF that harnesses the inflation-protected power of tips, which are Treasury,
0:17.0	inflation-protected securities issued by the United States Treasury.
0:20.0	Tips have the full faith and credit of the U.S. government
0:22.3	and the principal and coupon of tips adjust daily based on changes in CPI.
0:26.7	Our bill makes investing in tips easy as buying an ETF,
0:29.9	and our bill is the only tips ETF committed to holding ultra-short duration tips.
0:33.6	That makes our bill a lower risk, lower volatility way to help protect purchasing power.
0:41.3	Check out our bill today for potential yield and a hedge against inflation fears. Please welcome to the stage, Josh Brown, Michael Badnick, Callie Cox, and Ben Carlson.
0:49.3	Let's go, make some know.
1:02.0	Oh man, I love this city.
1:05.0	Chicago, one more time for yourselves, let's go.
1:10.0	This guy. All right, I think I got this set. Chicago, one more time for yourselves. Let's go.
1:18.0	This guy. All right. All right. I think I got this set up. You guys, this is such a thrill for us.
1:23.8	We are so excited to be here. We go all over the country. We do live shows. I can't believe we haven't been here yet. This is our favorite place literally in America. We love this city so much and this week has been so special to all of us. But we couldn't come here and do our grand opening of our office without seeing you guys, seeing the fans and seeing our friends. You guys are pounders. We love our pounders.
1:45.5	And I got to tell you, tonight is going to be a really special treat.
1:48.6	We've been working really hard to put this show together for you.
1:51.8	And I hope everybody leaves, having had a great time, learned a lot, gotten some new ideas
1:57.8	to think on, and with a smile on your faces.
2:02.3	So one more time, guys.
	...

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