The Intelligent Investor

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.8 • 1.9K Ratings

🗓️ 25 October 2024

⏱️ 84 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 163 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Jason Zweig of the Wall Street Journal to discuss: the best investing book ever written, what Ben Graham would think about today's market, buffered ETFs, Jason's last conversation with Charlie Munger, and much more! Thanks to Public for sponsoring this episode! Visit: https://public.com/compound to lock in a 6% or higher yield with a Bond Account. 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/ Public Disclosure: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. 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	We have an addition to our family for a leg. Oh you four-legged you got a puppy we got a puppy what type she's great she's a cocker's manual. Oh beautiful. Yeah. She's you grow up with dogs or did you have dogs? Uh, yeah. Yeah. Yeah, yeah, she's awesome. Or did you have dogs growing up?
0:13.0	Yeah, yeah, both my wife and I did, and she's a replacement for our Cocker who died three years ago.
0:22.0	But she's fabulous. I'm getting a boxer in January so. My
0:28.1	boxer passed away in April and this is not intentional but over the years I cried a lot just thinking about when she was going to die so that I like pre-grieved when she died
0:39.2	It was okay. I was okay. I can't believe it because I had really cried a lot just randomly if I was drunk with my wife and I'd start crying. She said you got to be kidding me. But so when she died I was like shockingly okay, but I miss her a lot. So she passed in April and I'm home a lot.
0:54.6	Yeah, you know and my kids miss her and so right. I there's nothing like it.
0:59.4	Have you identified the dog or I was on the phone with a breeder so we'll only get a boxer
1:04.0	because they're all the same dogs personality-wise like they're they're all the same right
1:07.8	so I was on the phone with the breeder and she said well I have a white bitch right
1:11.4	now obviously she's not trying to be funny.
1:13.6	Right.
1:14.6	But I said, we're looking for a fun bitch.
1:18.0	So she said, so I got in touch with somebody else and there's a litter coming in November.
1:22.8	So I can't wait.
1:24.2	I'm really excited.
1:25.2	Yeah, they're the greatest dogs.
1:27.5	In fact, our dog played with one.
1:30.8	I think that was yesterday morning. And it was today actually and she's got so much
1:36.9	energy she's like a maniac and I said to her not that she speaks English, you're going to be sorry because she's like this big right?
1:46.8	Yeah, and this was a baby. Yeah, she's a baby. She's a baby. She's four months old and the boxer was full grown and I said you're going to be sorry and like
1:57.3	30 seconds later the boxer went like yeah
2:00.0	Whoa. But no harm, foul. Yeah, yeah. Yeah, I miss having a dog. So this was I don't know if this is the first investment book I ever read.
	...

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