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The Compound and Friends

Strength Leads to Strength

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.81.9K Ratings

🗓️ 18 October 2024

⏱️ 85 minutes

🧾️ Download transcript

Summary

On episode 162 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Warren Pies and Fernando Vidal of 3Fourteen Research to discuss: the perfect backdrop for gold, when to fade strategist price targets, overall market valuations, the bifurcated economy, and much more! Thanks to Global X for sponsoring this episode! To learn more about Global X’s entire suite of ETFs visit: https://www.globalxetfs.com/ 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/ 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

But a lot of the stuff that you guys do is like different. It's not just like charts that you see anywhere.

0:06.0

It's fucking awesome. Yeah, we try to do primary research and replicate anything that we think is interesting as opposed to just site stuff.

0:13.2

Yeah, we try to just scrape the internet.

0:16.2

Yeah, no, we're just coughing.

0:16.4

So I saw a tweet today that made me literally LOL.

0:19.8

It's from a gentleman named Tim Draper.

0:21.6

Have you guys seen this?

0:22.4

Did you see this? I saw it. Did you laugh? He gave the same amount of money to Trump.

0:26.1

Stop, let me just read it. But did you actually laugh? I just can't believe what. I can't believe what goes on. So the last sentence is the coup degrad but it's all

0:32.3

amazing. All right, wanted to clear something up. I have donated to both the

0:36.0

Harris and Trump campaigns roughly equal amounts that allowed my wife

0:39.4

would be to meet both candidates and make a more informed decision. I have come to the conclusion

0:43.2

that both candidates have their hearts in the right place and while they would

0:45.4

set different paths to America, this is the part. I am optimistic that either part will

0:49.7

be a positive step. I am endorsing both candidates. What the heck?

0:53.0

What a great way to have your cake and eat it.

0:55.0

It's a week as possible.

0:57.0

I am endorsing both candidates.

0:58.0

He's like a famous venture capitalist, right?

1:00.0

Is he crazy rich?

1:02.0

It must be, right?

1:03.0

I'm endorsing both candidates.

...

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