Monday Morning Meeting 6/24
The Compound and Friends
Josh Brown
4.7 • 2.2K Ratings
🗓️ 1 July 2019
⏱️ 13 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:14.7 | I want to talk about something that I think is a it's a it's a theme that we've gone over before but I want to reiterate it because I think it's just something that we have to constantly remind ourselves of and I have to constantly remind myself of as being one of the mouthpieces for Ritholz wealth management in the public, |
| 0:21.4 | but I think it applies to everyone. |
| 0:24.7 | I see this same group of people online at conferences, |
| 0:29.9 | in the media, on their blogs, in articles. |
| 0:33.7 | It's like 10 or 12 people that cannot shut up |
| 0:38.0 | about what other people in the industry are doing. |
| 0:41.4 | They just, they wake up, they take a shower, presumably they brush their |
| 0:45.8 | teeth, maybe they have fruit loops, and then it's 12 hours of this one's doing this and that's and that's not good and that one's doing that and it's |
| 0:56.4 | some of them are industry commentators and they don't even manage money or or deal with clients |
| 1:02.1 | some of them are like columnists. |
| 1:04.0 | Some of them are people that had a bad experience in the industry |
| 1:07.0 | and now they're like yelling at everyone else. |
| 1:10.0 | It's just, it's like almost like a syndrome and they can't seem to break themselves out of it and |
| 1:15.6 | it's on and on and on and they don't even fight with different people they fight with |
| 1:20.1 | each other I don't maybe they love each other secretly and this is how they make |
| 1:25.9 | contact and communicate. Maybe this is a language that's imperceptible to the rest of us, but |
| 1:32.0 | whatever it is, it's just this internicine industry like |
| 1:37.0 | deep in the weeds squabble and it's it's around the clock and it's demented from the like from the outside looking in and |
| 1:45.7 | the point I want to make is it's important for us to stay on the outside |
| 1:49.6 | and not wait into those debates because they don't matter. They're not changing the |
| 1:56.0 | industry, they're not impacting the way other people speak, it's just a |
| 2:00.8 | disastrous thing that you can get lured into and then once you're in the middle of these conversations |
... |
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 2026.

