Mag 7 Falls Behind, How David Adelman Bought the 76ers, Bill Ackman Buys Uber

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.8 • 1.9K Ratings

🗓️ 11 February 2025

⏱️ 104 minutes

🔗️ Recording | iTunes | RSS

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Summary

On this TCAF Tuesday, Josh Brown and Michael Batnick sit down with David Adelman, CEO of Campus Apartments, co-founder and Vice Chairman of FS Investments, and the founder of Darco Capital to discuss his early start in real estate investing, the growth of his portfolio, his experience in venture capital, and the mindset that has driven his massive success. Then at 49:25 hear an all-new episode of What Are Your Thoughts with Josh Brown and Michael Batnick! This episode is sponsored by Kelly ETFs. To learn more about Cows and HCows ETFs, visit: https://kellyintel.com/ David Adelman Interview: https://www.youtube.com/watch?v=RBHWvBVf87k Sign up for The Compound Newsletter and never miss out! https://www.thecompoundnews.com/subscribe Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews LinkedIn: https://www.linkedin.com/company/the-compound-media/ 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	Ladies and gentlemen, welcome to the compound and friends.
0:03.9	Tonight's show is brought to you by Kelly's ETFs.
0:07.5	Kelly U.S. cash flow dividend leaders index, also known as the Cow's ETF index, is tracked
0:15.8	by the Cow's ETF, that's COWS, and the H-COW ETF, H-COW is tracking the same index as cows, but it then
0:26.7	will write covered calls on the constituents to bring in some income and reduce risk.
0:32.7	So the index itself that they're basing these ETFs on invests in companies with a blend of high
0:39.2	trailing and future free cash flow yields that have a history of growing and paying dividends.
0:45.5	So they're cash cows.
0:47.0	That's where the name comes from.
0:48.3	It has a 98.6% active share versus the S&P 500.
0:54.0	So this is not a clone of the index.
0:56.6	These are very different stocks in very different weightings.
0:59.4	I want to send you over to Kellyintel.com to learn more about cows and H-Cow.
1:06.6	Check it out for yourself.
1:08.1	All right.
1:08.5	We talked to David Edelman, who is currently an owner of the Philadelphia 76ers.
1:16.2	He is also the founder of a business called Campus Apartments.
1:21.1	There are college campuses all over the country that have these high-end, very nice apartment
1:26.6	buildings for students as an alternative to living in dorms or living in decrepit student housing.
1:33.8	It's been an incredible concept.
1:36.6	It's a billion dollar business.
1:38.2	And David Edelman started as a child, basically, sweeping up for the owner of a college campus apartment building
	...

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