The Investor Utopia is Here with Eric Balchunas
5/8/20261 hr 26 min
On episode 241 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by returning guest Eric Balchunas to discuss: Eric's Bitcoin book research, the latest in the ETF landscape, the "hot sauce" investors are turning to, the SpaceX IPO, and much more! This episode is sponsored by Invesco and Janus Henderson Investors. Visit https://www.invesco.com/ to learn more. To learn more, visit https://www.janushenderson.com/securitizedmarkets Sign up for The Compound Newsletter and never miss out: thecompoundnews.com/subscribe Instagram: instagram.com/thecompoundnews Twitter: twitter.com/thecompoundnews LinkedIn: linkedin.com/company/the-compound-media/ TikTok: tiktok.com/@thecompoundnews 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/ Janus Henderson Investors Disclosure: Past performance is no guarantee of future results. Investing involves risk, including the possible loss of principal and fluctuation of value. Janus Henderson® and any other trademarks used herein are trademarks of Janus Henderson Group plc or one of its subsidiaries. © Janus Henderson Group plc. Learn more about your ad choices. Visit megaphone.fm/adchoices
Clips
Showing 10 of 12Transcript preview
First 90 secondsJosh Brown· Host0:00
Dude, don't even get me started I know you're a Six- you're a Sixers fan.
Michael Batnick· Host0:02
Oh my God.
Josh Brown· Host0:02
You, don't get me started. I saw what you posted the other day and deleted.
Eric Balchunas· Guest0:05
[laughs] Which one?
Josh Brown· Host0:07
I saw the tweet- What? [laughs] ... about Knicks fans harassing Sixers fans, as if- Oh, no, I didn't delete that. Oh, you didn't?
Eric Balchunas· Guest0:13
No, no. [laughs] I left that one up.
Josh Brown· Host0:15
[laughs] Hold on. As if you are not the most aggressive fan base in the entire United States.
Eric Balchunas· Guest0:22
I know. Well, that's why you shouldn't do that.
Josh Brown· Host0:23
Literally. Literally.
Eric Balchunas· Guest0:25
I know. I- But it's different sports.
Josh Brown· Host0:27
Basketball fans are not as psychotic.
Eric Balchunas· Guest0:28
Yeah, they're not as psychotic.
Josh Brown· Host0:29
And they're not as drunk.
Eric Balchunas· Guest0:30
No. Y- y- you probably can get away with it.
Josh Brown· Host0:33
And Embiid asked for it.
Eric Balchunas· Guest0:35
Look- If he shut his [beep] mouth and didn't say anything- Oh, man. I, I get it. Everybody ... I went to a Knicks game with my kid, uh, three months ago, and like everybody boos Embiid constantly. He's hated.
Josh Brown· Host0:47
But he loves it. No, he loves it.
Eric Balchunas· Guest0:48
Oh, he l- oh, he likes it.
Josh Brown· Host0:49
He loves it. He's a great villain.
Eric Balchunas· Guest0:50
But I'm saying he's hated here, yeah.
Josh Brown· Host0:51
Oh, yeah.
Michael Batnick· Host0:51
Yeah.
Josh Brown· Host0:51
He loves it. He loves being a villain.
Michael Batnick· Host0:52
It's also the long-standing thing with Kat. That's like- Yeah ... seven years old already.
Eric Balchunas· Guest0:56
Yeah, yeah.
Josh Brown· Host0:56
But he said New Yorkers don't come to Philly. It's like, dude, literally you're- Great i- ... you're holding up a sign- Great idea ... say please come.
Eric Balchunas· Guest1:02
Yeah.
Josh Brown· Host1:02
Anyway, Josh and I are going. [laughs] Josh is taking Nugget. Tickets are plummeting like a stone.
Eric Balchunas· Guest1:08
Are they?
Josh Brown· Host1:08
Cracking hard.
Eric Balchunas· Guest1:09
Yeah, I might go.
Josh Brown· Host1:10
Lower bowl is now below 400.
Eric Balchunas· Guest1:11
Really?
Josh Brown· Host1:12
And you can get in for below 200.
Michael Batnick· Host1:14
This might be the worst f- this might be the worst Sixers home loss in post-season history, what's about to happen.
Eric Balchunas· Guest1:20
Well, I will say there is- I don't, I don't, I don't love you saying that. [laughs] Yeah.
Michael Batnick· Host1:24
I said might be, not will be.
Eric Balchunas· Guest1:25
Pri- pride cometh before the fall.
Michael Batnick· Host1:27
Might be.
Josh Brown· Host1:27
Yeah, seriously.
Michael Batnick· Host1:28
Might be.
Eric Balchunas· Guest1:28
And you know, the Knicks- What are they gonna