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The Compound and Friends

Ric Edelman Unplugged

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.72.2K Ratings

🗓️ 21 April 2023

⏱️ 89 minutes

🧾️ Download transcript

Summary

On episode 89 of The Compound and Friends, Michael Batnick, Downtown Josh Brown, and Ben Carlson are joined by Ric Edelman to discuss regulators vs Bitcoin, advice for financial advisors looking to get in the content game, the 2023 banking crisis, the new 60/40, exponential technology, how AI will impact financial advice, longevity, and much more! Thanks to Kraneshares for sponsoring this episode. For more information on KLIP, visit: https://kraneshares.com/klip/# 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. Wealthcast Media, 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

I mean, we could call it like an icon and that's fair for us 100% 100% I think icons above legend

0:06.8

Is it are you uncomfortable yet?

0:09.4

Yeah, but I'll get there

0:13.6

So where do you spend most of your time?

0:17.0

Mostly for jenia, but a lot of time here and then increasingly in phoenix where we just build a house

0:23.5

Okay, we're just and traveling stuff. So why did you build a house in phoenix?

0:28.0

Because I hate Florida. Okay, and we love the southwest and the desert and mountains and all that so

0:36.2

So what's the plan when during when during phoenix? We're still trying to figure it out

0:39.6

We just closed the house finally got built at you know, COVID

0:43.6

Supply chain delays and so on so we just finally moved in in December and

0:49.5

We've only been there three times now for like two three weeks at a time

0:53.2

So we're trying to figure it out

0:55.0

I suspect we'll spend more and more time out there. We were just both there separately. I was in Scottsdale. Where were you Sedona?

1:00.9

I wasn't no, I was in phoenix

1:03.3

Yeah, we're about an hour north of Scottsdale

1:06.0

Up in the mountains

1:07.0

Beautiful. I love hiking the mountains. So we would get up every morning like the mountains. Yeah, where we

1:12.0

Yeah, we love that it's

1:14.0

And we just bought a

1:16.7

Rubicon sort of I was gonna say you got to get the Jeep we did. I just got a regular to

1:21.6

Did you not the Rubicon? I got the the EV one

1:25.3

Yeah, we got the 392 V8 Hemi, so you go like offer it's yeah way off the road. Yeah, yeah

...

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