The Case for Selling Half

This Week on The Compound

This Week on The Compound

Ben Carlson and Duncan Hill were joined by RWM Chairman Barry Ritholtz this week on Ask the Compound. They discussed the slowing U.S. economy, the pros and cons of paying off a mortgage early, how to handle big gains on a stock, and the best way to sell a used car. (Listen)

INSIDE THE COMPOUND

Source: Downtown Josh Brown

In case you haven’t heard, Josh has a new book out. Michael has read it and called it “the book of the year.” Barry has also read it and put up a post laying out three things you may not know about Josh including:

He is an extraordinary historian of Wall Street and the financial services industry:

There are few people that have a better understanding of this industry than Josh. Not just because of his personal experiences as a stockbroker or an advisor, or as a manager (once) of a brokerage firm and (now) an RIA – but because of his deep curiosity about what makes this industry tick.

Barry Ritholtz

FRIENDS OF THE COMPOUND

A run-in with a health insurance company prompted prior Ask the Compound guest Katie Gatti Tassin to write about why so many feel the need to optimize their lives, and it may not be what you think.

The idea that we all must be constantly “working on ourselves” is the undergirding assumption of so much of modern life, personal finance included, and it’s a covertly appealing one: It prescribes giving a shit about nobody but yourself. But optimization is a response to things getting worse. We don’t usually experience the impulse to optimize when we feel we have plenty. If you’re guaranteed a month of paid vacation each year like the French, you probably aren’t stressing about how you’ll spend each and every hour of your down time.

Katie Gatti Tassin

MERCH

Future Proof 2024 is almost here and expect to see a lot of these Hawaiian shirts on the boardwalk. They are a collab between The Compound and Tropical Bros. The best thing is that 10% of all sales will be donated to No Kid Hungry.

COMING SOON

Next week on TCAF Josh and Michael will welcome Jurrien Timmer, Director of Global Macro at Fidelity Investments.

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