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The Compound and Friends

Joe Moglia on the State of the Brokerage Industry

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.81.9K Ratings

🗓️ 24 May 2024

⏱️ 81 minutes

🧾️ Download transcript

Summary

On episode 143 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Joe Moglia, former CEO and Chairman of the Board at TD Ameritrade, as well as the former Head Football Coach and current Chairman of Athletics at Coastal Carolina University. They discuss: how Joe went from coaching to Wall Street, the brokerage industry, what's next for Nvidia, the meme trade part 2, college athletics, and much more! This episode is sponsored by Global X and VRGL. Visit https://www.globalxetfs.com/ to explore a lineup of more than 90 ETFs, along with insights to help you navigate a dynamic investing landscape. Join VRGL’s co-founders on May 30th at 1PM CST to learn more about how VRGL’s new Risk Tolerance workflow can accelerate client acquisitions for your firm. Register at: www.vrglwealth.com/events Can't get enough advisor content? Sign up for The Unlock here: https://www.advisorunlock.com/ Sign up for The Compound newsletter and never miss out: https://www.thecompoundnews.com/subscribe 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. 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

We went to Yankee Stadium last night and we got there at like 715.

0:04.0

Game started at 7.

0:06.0

Yeah. Absolutely packed.

0:08.0

Packed, packed, packed, packed, thousands of people outside waiting to get in.

0:11.0

Tens of thousands.

0:12.0

Right?

0:13.0

There was probably 50,000 people there.

0:15.0

And it was a gorgeous night, so it was a good night for a ball game, but I couldn't believe

0:18.5

how busy it was.

0:20.0

Well, I was watching today on air when you talked about one of your buddies had to go around to Jerome.

0:26.3

That was you.

0:27.3

I had to go around to Jerome.

0:28.3

I mean, I know that neighborhood.

0:31.3

They go, you can't bring a lap to him.

0:32.3

And we're like, wait, excuse me?

0:34.1

Michael found a bouncer at a bar.

0:38.4

He said, can I leave my bag with you?

0:39.9

No, no, no.

0:40.6

I said, where's the storage clock?

0:42.0

He goes, I got you, bro. So said for real he's like no. Yeah, I said all right. I'll take care of you when I get back and he I did Wes great man

0:50.7

Good guy. What's gonna be in the the shot? Wait, you spoke about that on TV and what context?

0:58.0

Uh, who's to my live nation?

...

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