It's not 1929, but it might be - Andrew Ross Sorkin

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.7 • 2.2K Ratings

🗓️ 9 January 2026

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 224 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Michael Batnick⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ are joined by Andrew Ross Sorkin to discuss: 1929 vs today, looking back at the SPAC mania, the art of the interview, Andrew's dream guest, and much more! This episode is sponsored by VanEck. Learn more about the VanEck Semiconductor ETF: https://vaneck.com/SMHCompound Grab a copy of Andrew's new book, 1929. 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	Okay.
0:00.6	Well, you were thinking short sleeves?
0:02.9	I was thinking to go, I could go full squawk on you.
0:05.4	Just take the coat off. I could do whatever you. I could go down to go down to my t-shirt. So, Andrew, I was with my sister and brother-in-law for Hanukkah. Okay. We're going? And he said like, if you want to go, go. So he said, like anybody special comment up on the show that I might know, I said, yeah, actually, he's a big, he's a big new friend. I said, yeah, Andrew, Andrew, his boss walking is coming on. He goes, you go to the same temple. What did you say? Yeah. Wow. Yeah. How about that? Wait, might not? Let me hear you. Andrew goes to the same temple as my sister. Same temple. Same temple.
0:41.4	They share a synagogue. That's funny. Small world. But not the synagogue. So I grew up going to Westchester Reform Temple, not, not Westchester. What town of Westchester did you go out? You are a Westchester guy. Scarsdown, New York. Josh and I are Merrick. Right. We're Long Island. It's the Westchester of the South. Hold, but you know, or you don't probably know this. My father grew up in Merrick. I did not know that. What? Horthorn. Add that to the list. Horthorn. North. Is that North Merck?
1:11.5	Yeah, right near the high school.
1:13.9	No shit.
1:14.4	On the back side of the high school. Calhoun. If you know where that is. Yeah, yeah, yeah. Yeah, yeah. We grew up there. I mean, I lived there. Yeah, yeah, yeah. So, Josh. We live in Merrick. Yeah. So my grandmother lived until she was 1002 years old.
1:28.5	We used to literally go out, especially the last 5, 10 years. We used to go out every weekend to see her. So we have to add that to the list. Andrew Ross Sorkins. Yes. Not you, but your family. Yeah. Do you know who else? So, Paul Krugman. Krugman.
1:44.4	So I just moved houses, but the house that I lived in previously, he grew up in the house
1:48.5	across the street, Amerik.
1:50.3	I'll do you one better.
1:51.1	Not in the same era.
1:52.3	No, he's a little bit older than I am.
1:54.0	Mario Puzzo wrote the godfather in Merrick.
1:59.6	I'll give you one other.
2:01.5	Can I give you another?
2:03.2	My grandmother, who was a schoolteacher, taught the Ben of Ben and Jerry's.
2:09.5	At Calhoun.
2:10.5	Yeah.
2:11.9	We've got some people.
2:13.0	You've got a lot of good people.
	...

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