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The Compound and Friends

Scott Galloway on Building Wealth, Is Apple in Trouble, Geopolitical Risks

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.72.2K Ratings

🗓️ 16 April 2024

⏱️ 104 minutes

🧾️ Download transcript

Summary

On this TCAF Tuesday, Join Josh Brown and Michael Batnick for a conversation with Professor Scott Galloway, author of the new book The Algebra of Wealth. Then, at 41:11, hear an all-new episode of What Are Your Thoughts with Josh and Michael! Thanks to Public for sponsoring this episode! Visit https://public.com/ to learn more!  Buy your ticket for TCAF in LA  Instagram: https://instagram.com/thecompoundnews Twitter: https://twitter.com/thecompoundnews Public Disclosure: Options are not suitable for all investors and carry significant risk. Option investors can rapidly lose the value of their investment in a short period of time and incur permanent loss by expiration date. Certain complex options strategies carry additional risk. There are additional costs associated with option strategies that call for multiple purchases and sales of options, such as spreads, straddles, among others, as compared with a single option trade. Prior to buying or selling an option, investors must read and understand the “Characteristics and Risks of Standardized Options”, also known as the options disclosure document (ODD) which can be found at: www.theocc.com/company-information/documents-and-archives/options-disclosure-document Supporting documentation for any claims will be furnished upon request. If you are enrolled in our Options Order Flow Rebate Program, The exact rebate will depend on the specifics of each transaction and will be previewed for you prior to submitting each trade. This rebate will be deducted from your cost to place the trade and will be reflected on your trade confirmation. Order flow rebates are not available for non-options transactions. To learn more, see our Fee Schedule here: https://public.com/disclosures/fee-schedule, Order Flow Rebate FAQ, and Order Flow Rebate Program Terms & Conditions. Options can be risky and are not suitable for all investors. See the Characteristics and Risks of Standardized Options to learn more. All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Open to the Public Investing, Inc., member FINRA & SIPC. See https://public.com/#disclosures-main for more information. 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 tonight's show is brought to you by public

0:06.8

public.com and the public trading app check out public.com if you want to literally earn money for placing your options trades.

0:16.6

Listen, you're going to do options trading, you might as well get something back for it.

0:20.6

There are no commissions or per contract fees when you trade with public.com and

0:27.3

public is giving you a rebate of 18 cents per contract traded. So if you trade a thousand option contracts on public, that's

0:36.0

a hundred eighty bucks back in your pocket. Why not? So you can basically be paying less than

0:42.1

zero dollars for making your options trades on the public

0:46.2

app only at public.com check it out I use it myself this has been paid for by public investing.

0:53.4

Options are not suitable for all investors

0:56.1

and carry significant risk.

0:58.0

Full disclosures in the description of this podcast,

1:01.5

US members only.

1:03.4

All right, tonight's an awesome show.

1:05.8

Scott Galloway, so you guys probably know who he is or you've seen him on TV

1:10.7

or you've heard his name.

1:11.9

He is an author, he's a professor, he's a marketing

1:15.8

guru, he's a tech investor, and he just has a way of framing like real world big picture things that people just they just find

1:27.2

his explanations for things to be fascinating great writer a great speaker I've known Scott a long time. We've had him at our events live.

1:36.4

I've been on his show. This is his first appearance, believe it or not, on the compound.

1:41.9

So Michael and I got to talk to him about his new book, The Algebra of Wealth,

1:46.3

right in our wheelhouse, why did he write it, what will the reader get out of it, etc. I think

1:51.4

you're really going to love this conversation that we had

...

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