meta_pixel
Tapesearch Logo
Log in
The Compound and Friends

Ladies and Gentlemen, Mr. Harvey Schwartz

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.81.9K Ratings

🗓️ 27 December 2024

⏱️ 50 minutes

🧾️ Download transcript

Summary

On episode 171 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Harvey Schwartz, CEO of Carlyle and former president of Goldman Sachs to discuss Harvey's remarkable journey through the financial industry. In this episode, Harvey tells us about his early career as a fitness instructor and cold-caller, lessons learned during the 2008 financial crisis, saving Goldman during the financial crisis, Carlyles current momentum, and the rise of private equity and private credit. This episode is sponsored by Van Eck and Public. To learn more about Van Eck's Uranium and Nuclear ETF, visit: http://vaneck.com/NLR Lock in a 6% or higher yield with a Public Bond Account. Learn more at: https://public.com/compound Sign up for The Compound Newsletter and never miss out! Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: https://www.linkedin.com/company/the-compound-media/ A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. 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

Click on a timestamp to play from that location

0:00.0

Today's show is brought to you by Van Eck. Listen up. There is a huge wave of demand currently

0:05.2

and on the horizon from hyperscalers for data center power, and many of them have already looked

0:10.4

to nuclear as a solution in the short-term intermediate term. Why? Because it is both clean and

0:15.7

efficient, it has one of the lowest emission profiles among energy sources, and it can produce

0:20.6

power 24-7, unlike

0:22.7

renewable sources that produce electricity intermittently.

0:26.1

To learn more about getting your exposure to these companies, visit vaneck.com slash nLR.

0:32.7

That's vaneck.com slash nLR.

0:35.8

Listen up, folks.

0:37.3

Time could be running out to lock in a historic yield at public.com.

0:42.5

The Fed just did a rate cut a couple weeks ago.

0:45.2

There's more on the calendar.

0:46.4

So who knows how long these rates are going to last?

0:48.6

That might be great for you if the Fed is cutting if you're in the markets by a home.

0:52.8

It's not great for the interest that you're currently earning on your cash.

0:57.4

What's the solution?

0:58.8

Possibly the public bond account.

1:01.6

If you want to lock in a 6% or higher yield with a diversified portfolio of high yield

1:07.1

and investment-crate corporate bonds, you might want to act fast.

1:13.0

Go to public.com slash compound for more information. Michael, read the disclaimer. Okay. What are you on?

1:19.1

Your fucking emails. It's over. Brought to you by public investing, member FINRA and

1:24.3

SIPC as of 92624. The average annualized yield to worse across the bond account is greater than 6%.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Josh Brown, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Josh Brown and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.