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Joining the Investor Class
This Week on The Compound
This week Josh and Michael spoke with Scott Galloway about his new book The Algebra of Wealth: A Simple Formula for Financial Security. They discussed common money mistakes, the worst advice young people get, and the importance of joining the investor class. (Listen)
JUST LAUNCHED!
Not only did Jill Schlesinger join Ask The Compound this week, she also dropped the inaugural episode of Jill on Money Tips, which are bite-sized takes on personal finance topics. This week Jill looked at which financial documents you should keep and which you should shred.
FRIENDS OF THE COMPOUND
Past TCAF guest Kai Wu of Sparkline Capital has a new research piece up looking at intangible value in Europe stocks. From the executive summary:
Since 2010, international stocks have stagnated. We argue this is due to their underinvestment in the intangible assets that drive growth today. Fortunately, within the international stock index lies a “right tail” of intangible-rich firms, many trading at attractive valuations. Extending prior research in the U.S., we find that these “intangible value” stocks also outperform in international markets. They offer U.S. investors a way to diversify into cheaper geographies without the unwanted bias against growth, innovation, and the intangible economy.
THE COMPOUND IS COMING TO LA!

The Compound and Friends is coming to Los Angeles, and you could be part of the audience. This week, we announced our second special guest, Doug Ellin, creator of the hit HBO show Entourage. This is in addition to Matt Belloni of Puck News and host of The Town,
We’re very excited to host you and say hello. If you’re a Compound fan and want to spread the word, send this link to all your friends and come on out to see us live on April 30th!!
COMING SOON
No new TCAF episode next week, but stay tuned on Tuesday for a new audio-only drop.
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