Venture Capital Babies

The Compound and Friends

Josh Brown

Investing, Business, News, Business News

4.7 • 2.2K Ratings

🗓️ 13 August 2021

⏱️ 86 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week's episode of The Compound & Friends, Michael Batnick, Sam Ro, Allison Schrager, and Downtown Josh Brown discuss: the stock market's PE ratio, the labor market, universal basic wealth, Chinese stocks, the social side of work, infrastructure, financial literacy, and more! This episode is brought to you by Polymarket. For a limited time, sign up with referral code “Compound” to get your first trade reimbursed up to $100. Visit https://polymarket.co/CompoundShow to learn more. 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/ Hosted on Acast. See acast.com/privacy for more information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Allison, I have a question for you.
0:02.1	Before we start, are warranties a scam?
0:05.7	Depends on the warranty.
0:06.8	Can I tell you a story?
0:07.6	Yeah.
0:08.3	All right.
0:08.6	We did start.
0:10.0	I got a line on my TV.
0:12.8	I have a big TV.
0:13.8	Same song.
0:14.4	When did you buy it?
0:15.4	I'll tell you.
0:15.9	80-inch TV.
0:16.8	80-something-inch TV.
0:18.1	I bought it in March 2019.
0:21.0	OK.
0:21.5	It's a pretty new.
0:22.3	Pretty new, right?
0:23.9	There's a line on my TV.
0:25.6	A big f***ing line all the way across.
0:29.5	So I went to Best Buy.
0:31.2	There's an up-to-late year to your warranty is expired.
	...

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