The Regret Zone

The Compound and Friends

Josh Brown

News, Business, Business News, Investing

4.8 • 1.9K Ratings

🗓️ 17 May 2024

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On episode 142 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Packy McCormick, founder of Not Boring, to discuss: the AI space, tech spending, the venture capital landscape, defense tech, what's next for Sam Bankman-Fried, and much more! This episode is sponsored by Public. Visit https://public.com/ to learn more! Sign up for The Compound newsletter and never miss out: https://www.thecompoundnews.com/subscribe 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. 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/ A High-Yield Cash Account is a secondary brokerage account with Public Investing, member FINRA/SIPC. Funds from this account are automatically deposited into partner banks where they earn a variable interest and are eligible for FDIC insurance. Neither Public Investing nor any of its affiliates is a bank. Learn more at public.com/disclosures/high-yield-account Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Packy, can I read something to you?
0:02.0	Yeah.
0:02.7	Okay.
0:03.7	This is in, this is my LinkedIn DM, and this is indicative of something
0:08.3	that I'm getting often.
0:11.0	I am the co-founder of blank AI.
0:13.4	Stop. We work with institutional investors and wealth managers to bring them access to
0:17.8	private company secondary and primary and
0:20.9	and guess what? How much anthropic would you like? So I get this for I get this for
0:26.8	SpaceX I got this for Starlink which is part of SpaceX and I mean how I didn't know there's so I love that there is access to these things and if I were
0:38.0	the type of advisor that was like playing up my access to shit like to clients to attract money.
0:45.0	This would be great for me.
0:46.4	You know this world.
0:48.2	Is there really that much loose secondary stock
0:51.7	available in the hottest startups or is it an illusion that people
0:56.5	are using to like get me on their platform? But could I honestly say to this guy, you
1:01.6	know what put me down for five million
1:03.6	anthropic I'll take it.
1:04.8	Some people have it.
1:05.7	I mean there's a lot of people who are doing SPVs and
1:08.0	Anthropic is a big one that you see X-AI people are trying to get access to.
1:12.0	SpaceX does have... Oh, I to get access to that company.
	...

Please login to see the full transcript.

Previous episode | Next episode

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.