God I hope so. You should see the Penn Station area right now. Or maybe you shouldn’t. Eric Adams is the Democratic nominee (and likely winner) for New York City Mayor. He was on Bill Maher Friday night talking about his policies. [embedded content]
HOOD gets a B Minus
B Minus. That’s my letter grade for the Robinhood IPO. You can say whatever you want about the lack of a pop. But in the end, their employees and investors are now liquid to monetize some of their shares at an incredibly high valuation, their users were able to participate in the deal – in […]
Josh Is the Third Wheel
Welcome to the ninth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Ben Carlson, and Downtown Josh Brown discuss: ►Robinhood IPO ►FAANMG earnings roundup ►Liquid Alternatives & ETFs discussion ►JPMorgan unlocks crypto for financial advisors ►How cheap should Europe be? ►Why should I […]
It’s almost as if the rally made sense
Apple is the largest corporation on earth and, in the last quarter, their profits doubled versus the same quarter during the prior year. As my partner Barry likes to say, “Stop and think about it!” Indeed, that’s f***ing bananas. Apples. Whatever. Here’s what else Apple told us last night: EPS: $1.30 vs. $1.01 estimated Revenue: $81.41 billion vs. $73.30 […]
Why is China Crashing its Own Stock Market?
[embedded content] 5:30pm ET LIVE premiere today – Subscribe for the alert! Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Unforced Error – Why is China crashing its own stock market? ►Securities-Based […]
The stuff they don’t teach you in books
Once upon a time, when I knew nothing, I called myself a financial advisor. It’s true, I was giving financial advice. But when I look back to the caliber and quality of that advice from back then to now, it’s astonishing how much I didn’t know. I was raised in this business to believe that […]
Building an investing career based on writing
Jack Bogle did it. Warren Buffett did it. Ben Horowitz too. And Chris Dixon. So did Fred Wilson. So did Howard Marks. And David Einhorn. Gross and El-Erian. Fisher and Edelman. Gundlach and Grantham. They all did it. Many others too. Did what? Built investing careers and raised billions of dollars based on the ideas […]
The Butterfly Effect
Welcome to the eighth episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Packy McCormick, and Downtown Josh Brown discuss: ►What Packy learned launching a venture capital fund ►Pre-IPO shares are going to be a big thing ►Is China Tech becoming uninvestable? ►Work calendars […]
Here’s that dip you said you were gonna buy…
[embedded content] 5:30pm ET LIVE premiere today – Subscribe for the alert! Join Downtown Josh Brown and Michael Batnick for another round of What Are Your Thoughts? On this week’s episode, Josh and Michael discuss the biggest topics in investing and finance, including: ►Buying The Dip? – Here’s that dip you said you were gonna […]
NYC is back, what the hell is happening at Chime, etc
[embedded content] Here’s the video from this week’s The Compound & Friends. Big thank you to Doug and Leanna! The podcast comes out every Friday morning, subscribe anywhere.