Big fan of the Compound. Thanks for the great channel! ♥ I couldn't sit through this guest, though. Glad to see many other commenters felt the same way.
I am always a bull on the future: awealthofcommonsense.com/2022/09/why-i-remain-bullish-on-the-united-states-of-america/ I'm just being realistic about the potential downsides
Ric has a point thou. Given the expected population decline in most developed countries, in some cases rapid decline of the working age workforce, there might actually not be any other way forward than to have technology that picks up the slack and does the work of ten workers. I think that would also include keeping us alive for longer and extending our productive years past 60 like it is today.
@@bigworm3886 Steve, when I was listening to Ric talk about how advances in medical technologies will prolong life, my first thought was, "sure, but will it be affordable?" New technologies, like gene therapy, are expensive. Will insurance and medicare cover it? How many people will actually benefit? I don't have answers, just questions.
As a long time OG fan this was a painful episode. Ric sounds like every other crypto shill out there with all the usual soundbites. Even when you push back on a claim his response is to invite you to a webinar. The only difference between this guy and every other tin foil hat wearing crypto bro is he has grey hair and isn't wearing a Supreme hoodie, which arguably makes him even more dangerous.
Yay! I was so pleasantly surprised to see Ben on the show. The guest sounded like my Uber driver who was trying to pump their shitcoin. Felt like it was Cathie wood wearing a mask and speaking in a man’s voice 😂
At first I was angry hearing all the stuff Ric was spewing, but honestly, by the end of the episode I felt kinda bad for the dude. AND If you want to find out the 10 reasons for why I felt bad for Ric you'll need to buy my book and attend my conference !!
Things I learned this episode: 1. Those of us who survive the T2 style robot takeover will live to be 150. 2. Bitcoin will be at $125k in 2 years but you have to attend a 1 credit workshop to figure out a single use case. 3. Ben is jacked 💪
61 year old dude here. Had a great career in IT while doing a real estate side hustle since I was in my mid 20s. I'm probably very different from most of the subscribers to The Compound as I had the attitude of " I want to buy an old house and renovate it and don't want to invest in the stock market". Now that I've retired from IT and real estate prices are way to frothy for me, I'm training myself on the financial markets and came across The Compound. You guys are making the educational process very entertaining for me. My takeaway from this session - GOLF.
First episode of TCAF I could not make it past 15 minutes. The argument for Bitcoin is pure FOMO. "What if, what if, what if" Assets are worth the present value of their cash flows. We have not hiked rates enough. Please Jay Powell, destroy all of this bullshit.
An idea for the show: whilst the market seems stuck, get a someone really bearish (Dan Nathan) and someone bullish (JC) to discuss their current view. (p.s. I love getting diverse opinions on the show, but I'm not sure this guest is the one)
Wow, Ric’s delivery just oozes overconfident confirmation bias. Clearly he’s an experienced broadcaster as he appears to make concessions that are in fact evasions. I love the compound but on this occasion I can’t finish this episode. No knock on the show - can’t please everyone all the time but this guy is too much of a crypto hype bro.
Enjoy most shows but this one was very disappointing compared to the usual guest. The intro and the way Josh said he was such an inspiration, and then listening to what he had to say was very strange. I do own bitcoin, but man this guy gives of so many red flags with the way he acts like he has everything figured out, "guarantees" bitcoin future prices, etc. Just seems like the complete opposite of what Josh believes in for advisors in the industry.
I listened to the first 5 minutes on Apple Podcasts and wasn’t feeling this one but came to TH-cam to see what the comments were like. Seems ppl who watched the whole thing agreed. Anyways love the show excited for What Are Your Thoughts on Tuesday & Animal Spirits
We just met Cathie wood's financial advisor. Congrats guys, you're officialy a cnbc spinoff. Pretty smart though, it will bring you a brand new audience: all the cryptobros
This channel is one of the best on TH-cam. Every guest you guys have had on have either been super knowledgeable, funny or both. The Compound and Friends is my go to TH-cam channel every Friday. Keep up the great work guys, this is one of the best interview channels that exist on this platform.
YES RIC! LONGEVITY IS SUCH A MASSIVE CHANGE that we haven't yet realized as a species. And it speaks to almost all of the issues we have as humans these days. All social tensions, resource limits, etc... Are a consequence of this
The Compound-My new favorite podcast! Josh, you mentioned a couple of weeks ago that your a history buff. If you loved Paris, check out The Greater Journey (Americans in Paris) by David McCullough. It an inspiring true story of adventurous Americans-young artists, professionals, businessmen, who travelled to Paris between 1830-1900 eager for knowledge and talent that couldn’t be found in America at that time. I loved it.
Big Yikes boys, having a crypto shill on was a pretty hard watch. The way this guy acted was Loud = Knowledgeable, all of his source material was "trust me bro," and seriously? The best he could do when pressed for use cases was "you need to listen to my seminar!" The only thing missing was a diatribe about bitcoin being a swarm of cyber hornets serving the god of wisdom.
Thank goodness I wasn't alone in finding this episode unwatchable. I tuned out on the BTC predictions and then bailed about halfway through. I don't think I've ever done this on any previous TCAF episode. Ben was great to have on though.
I used to listen to Ric Edelman a decade ago on my commute to work. It's good to hear his voice again and to see we're on the same page with a lot of the changes to investments and the world today
His argument for getting into bitcoin sounds like another tired version of FOMO. Few use cases, lots of hype, and heavy regulatory concerns. Maybe it won't end badly.
Interesting. Ric Edelman not only doesn't understand the difference between average age and average age of death, but he didn't even realize he was wrong when Josh clearly questioned him on it 😂 How self-deluded must you be to think Ben Franklin was 2-3x older than everyone else around him 🤣
James Monroe, 18 Aaron Burr, 20 Alexander Hamilton, 21 James Madison, 25 Thomas Jefferson, 33 John Adams, 40 Paul Revere, 41 George Washington, 44 average age, 34 Ben Franklin, 70 HOWEVER, he said the average COLONIST was 23. Which makes Franklin more than 3x older than everyone around him.
Had me tuned out right at the start when he talked about some crypto education shit - you can already learn everything you need to for free online so what is even the point of that aside from trying to increase his own importance and basically attempt to be an intermediary for connections.
"A 20% allocation to crypto is not insane." from Michael's prompt, "Without being irresponsible." This fraud of an episode is not going to age well, unless of course you believe that you'll be healthier at 95 than 55.
The same is true for python libraries. That date is the last date chatgpt received training data all up, not just finance. It causes problems for coding as well since libraries are outdated.
Interesting take on longevity, portfolio balances and the future of advising. I don't use an advisor because I want more control and the ability to be more nimble. I don't want to fire an advisor because they couldn't get me an average annual return of 10% or > like I've been able to do for the last 12 years. (That said if I changed my strategy I would likely give Josh and his team a shot. :) Ben's take on the future is interesting...but that's not where most of the money is being made right now and many people who bought those companies high multiples in the last 2 years are getting crushed. All comes down to risk/reward and time horizon....which according to Ben should be at least 120 years...LOL...I wonder how Viagra works at that age!
Ric's go to is his bold "niche" calls, his signature move on every point. We get it, Ric - you can see around corners and we don't deserve you. The schtick reminds me of the character Harold Hill in "The Music Man." By the way, $QQQM has outperformed $XT and with a third of the expense ratio.
Can someone explain to Josh that the limit on financial data until 2021 for ChatGPT is not some deliberate conspiracy, it is simply the fact that the model was trained on internet data until that period. Not because they’re scared to be wrong, they just had to pick a cutoff point (for ChatGPT specifically). Bing (which uses the exact same models but doesn’t have the data limitations) can access recent data.
Looks like Ric, after selling his firm for gazillions, can't just sit around and is off to the next big thing. Sadly, he picked crypto lol. And he is not giving up on it so ya all know...oh, taking a little bit of time to sell the digital council to educate us all smh. Also, so ya all know, he is not like Cathie, he is only predicting bitcoin to be only $150,000 wtf! Some of the stats of how many of us advisors and clients of ours own it should have been challenged directly. Actually, no push back at all...Josh tried a little bit, Ben kept silent and probably raged inside and Michael is just too nice to be direct...Anyway, this is dangerous stuff folks, be careful out there! And, longevity, wow...ooook.
Incredible the quality of guests these guys keep getting to come in. Had no idea anyone with Ric Edelman's reputation was all in on Bitcoin. Excited to hear a financial professional in Barron's Hall of Fame approach crypto with reason and logic
I dont mind this guy, but you also need to take everything he says with a few grains of salt. Massive Cathie Wood type vibes. "I know the future so buy BTC and super edge AI company" vibes...
Bold & compelling statements on where the puck is going re AI & Robotics and biotech and so forth. On a side note, due to staff shortages the first number of restaurants are implementing robo waiters in the Netherlands (!). Just to underwrite what Ric was saying…this podcast was a blast! 🔥🔥👊🏻
Ric was the worst guest you have ever had!! His positive Crypto bias was over whelming, and his desire to pump and dump was very clear. Turned off the show after 15 minutes.
![[MV] A leap of faith...ความเชื่อใจครั้งสุดท้าย (From "Petrichor the series")](http://i.ytimg.com/vi/U1piZH2CNXA/mqdefault.jpg)
Thanks to Kraneshares for sponsoring this episode. For more information on KLIP, visit: www.kraneshares.com/klip/#
Investing in China, as an American, is the equivalent as an Israeli investing in Iran.
Big fan of the Compound. Thanks for the great channel! ♥ I couldn't sit through this guest, though. Glad to see many other commenters felt the same way.
wasn't feeling this episode that much but still love you guys and will continue to support. just a little feedback
That isnt helpful feedback though, be specific
nah I'm good
Too much Bitcoin chat for me. I simply don't care.
@@scottwilly86 hahaahh stick to your stocks hahaha peanuts
The only episode where Micheal had my blessing to cut the guest off. Yet he was so quiet. 😂
This episode was the biggest test to Ben’s Old Man cold water takes on the future. Ben’s eyebrow reactions were worth the price of admission.
I am always a bull on the future: awealthofcommonsense.com/2022/09/why-i-remain-bullish-on-the-united-states-of-america/
I'm just being realistic about the potential downsides
@@bencarlson6302 It was great having you on the show Ben. You added a little extra spark.
Ric has a point thou. Given the expected population decline in most developed countries, in some cases rapid decline of the working age workforce, there might actually not be any other way forward than to have technology that picks up the slack and does the work of ten workers. I think that would also include keeping us alive for longer and extending our productive years past 60 like it is today.
@@bigworm3886 Steve, when I was listening to Ric talk about how advances in medical technologies will prolong life, my first thought was, "sure, but will it be affordable?" New technologies, like gene therapy, are expensive. Will insurance and medicare cover it? How many people will actually benefit? I don't have answers, just questions.
@@bencarlson6302 lol Blog Ben is different than Podcast “trying to troll Michael” Ben.
As a long time OG fan this was a painful episode. Ric sounds like every other crypto shill out there with all the usual soundbites. Even when you push back on a claim his response is to invite you to a webinar. The only difference between this guy and every other tin foil hat wearing crypto bro is he has grey hair and isn't wearing a Supreme hoodie, which arguably makes him even more dangerous.
Yay! I was so pleasantly surprised to see Ben on the show. The guest sounded like my Uber driver who was trying to pump their shitcoin. Felt like it was Cathie wood wearing a mask and speaking in a man’s voice 😂
I wish I had this guy’s crystal ball. He knows everything
honestly im starting to think he may be a bit overconfident. hes old radio finance talk
@@mattspyro Lol just a bit?
@@Bob-Sacamano I was trying to be nice. Everyone seems to like him haha
Agreed - When he said "by the time you are 95, you will be healthier then you were at 55" has no substantial medical support at all
An 88 episode streak of great content was very impressive!
Thanks Charlie!
It was a good run. Kind of a reset.
This bloke is a true legend in his own lunchbox....a salesman extraordinaire!!
Having Ben on this episode was an absolute treat. The other guest not so much.
Agreed. Ben was good and the other guest was talking his book too much 📖
At first I was angry hearing all the stuff Ric was spewing, but honestly, by the end of the episode I felt kinda bad for the dude. AND If you want to find out the 10 reasons for why I felt bad for Ric you'll need to buy my book and attend my conference !!
number 3 reason will shock you!
😂
😂
Came for the financial wisdom
Stayed for the futurist exxageration
I hope I never have to sit next to this dude at a dinner party
You read my mind hahaha
About damn time we got Carlson on.
Don’t forget your tin foil hat before watching this one. Love seeing Ben on the show though.
Things I learned this episode:
1. Those of us who survive the T2 style robot takeover will live to be 150.
2. Bitcoin will be at $125k in 2 years but you have to attend a 1 credit workshop to figure out a single use case.
3. Ben is jacked 💪
I love hearing from people that are out there but most of his predictions have the same source as the pictures of flying cars from the 1950's
Ben saved this one, wouldn't have been able to watch most of it otherwise.
At one point in the show I was getting major Cathy Wood/Arkk vibes...whew
awesome show in spite of the crappy guest
Was this guy Sam bankman freid's mentor? I'm checking my pockets to make sure my wallet is still there and I'm just listening to a podcast!
😂
I thought the same thing 😂
Good to see Ben on the show. All I’ve done with crypto is pay fees, lose money and make others rich. Crypto is fairly useless today, I’m with Jamie.
I love The Compound but i'm shorting this episode
I watch most tcaf videos till end but I stopped at 5 minutes after realized crypto salesman is the guest today.
Same, I was listening on Spotify but came to TH-cam to read the comments for a sanity check and I feel validated
This guest states opinions like they are fact. Clear agenda.
He’s definitely drank the bitcoin kool-aid and it shows
Edelman is a wacky on longevity and crypto..
Felt like I watched whole bitcoin ad
I'll check back next week. couldn't finish this episode. too much bitcoin/crypto pumping.
Feel like this guy is the Alex Jones of crypto
Holy hell Ben is jacked
Good show. I've never seen a guest so confident in his assertions.
I was hoping to see that Batnick reference in the comments.
61 year old dude here. Had a great career in IT while doing a real estate side hustle since I was in my mid 20s. I'm probably very different from most of the subscribers to The Compound as I had the attitude of " I want to buy an old house and renovate it and don't want to invest in the stock market". Now that I've retired from IT and real estate prices are way to frothy for me, I'm training myself on the financial markets and came across The Compound. You guys are making the educational process very entertaining for me.
My takeaway from this session - GOLF.
First episode of TCAF I could not make it past 15 minutes. The argument for Bitcoin is pure FOMO. "What if, what if, what if"
Assets are worth the present value of their cash flows. We have not hiked rates enough. Please Jay Powell, destroy all of this bullshit.
"We have not hiked rates enough. Please Jay Powell, destroy all of this bullshit."
Hear hear!
An idea for the show: whilst the market seems stuck, get a someone really bearish (Dan Nathan) and someone bullish (JC) to discuss their current view. (p.s. I love getting diverse opinions on the show, but I'm not sure this guest is the one)
Wow, Ric’s delivery just oozes overconfident confirmation bias. Clearly he’s an experienced broadcaster as he appears to make concessions that are in fact evasions. I love the compound but on this occasion I can’t finish this episode. No knock on the show - can’t please everyone all the time but this guy is too much of a crypto hype bro.
Enjoy most shows but this one was very disappointing compared to the usual guest. The intro and the way Josh said he was such an inspiration, and then listening to what he had to say was very strange. I do own bitcoin, but man this guy gives of so many red flags with the way he acts like he has everything figured out, "guarantees" bitcoin future prices, etc. Just seems like the complete opposite of what Josh believes in for advisors in the industry.
This guy makes me think the apocalypse is coming and not that things will get better. 😂
This guy is full of hot air. I wish you had asked how any of his crypto benefits would change if it was tied to the US dollar.
Josh is so fucking funny man I just can’t.
Biggest smile on my face when I see him on with the Judge.
I listened to the first 5 minutes on Apple Podcasts and wasn’t feeling this one but came to TH-cam to see what the comments were like. Seems ppl who watched the whole thing agreed. Anyways love the show excited for What Are Your Thoughts on Tuesday & Animal Spirits
Did you invite Cathy wood on? I thought this was Cathy wood…
We just met Cathie wood's financial advisor. Congrats guys, you're officialy a cnbc spinoff. Pretty smart though, it will bring you a brand new audience: all the cryptobros
20% allocation crypto........Sorry but there goes his credibility IMO.
Benny C in the house!
hello!
11:14 Missed opportunity to call this episode "The Halfenings, there can only be one"
Not the best guest. Ben needs to be on every week though!
yo!
I think Ben was biting his tongue a few times or 10 haha
This channel is one of the best on TH-cam. Every guest you guys have had on have either been super knowledgeable, funny or both. The Compound and Friends is my go to TH-cam channel every Friday. Keep up the great work guys, this is one of the best interview channels that exist on this platform.
Thanks Tim!
what was this? first time I didn’t watch the whole episode. but will watch the rest in 2025 when bitcoin is over 150k
I was delighted to see Ben on the panel! Ric has sensible wisdom. Thank you, good episode.
YES RIC! LONGEVITY IS SUCH A MASSIVE CHANGE that we haven't yet realized as a species. And it speaks to almost all of the issues we have as humans these days. All social tensions, resource limits, etc... Are a consequence of this
The Compound-My new favorite podcast!
Josh, you mentioned a couple of weeks ago that your a history buff. If you loved Paris, check out The Greater Journey (Americans in Paris) by David McCullough. It an inspiring true story of adventurous Americans-young artists, professionals, businessmen, who travelled to Paris between 1830-1900 eager for knowledge and talent that couldn’t be found in America at that time. I loved it.
Just put Americans in Paris on hold at the library based on your comment. I love David McCullough's books. Thanks Eileen!
I like this guy, for reasons that are not yet clear.
Big Yikes boys, having a crypto shill on was a pretty hard watch. The way this guy acted was Loud = Knowledgeable, all of his source material was "trust me bro," and seriously? The best he could do when pressed for use cases was "you need to listen to my seminar!" The only thing missing was a diatribe about bitcoin being a swarm of cyber hornets serving the god of wisdom.
Love Ric Edelman’s enthusiasm in the future and technology. Some of his predictions surely won’t come true but alot will. And they’re world changing.
Thank goodness I wasn't alone in finding this episode unwatchable. I tuned out on the BTC predictions and then bailed about halfway through. I don't think I've ever done this on any previous TCAF episode. Ben was great to have on though.
is this ben's debut on tcaf?? 😂😂😂
Ben has definitely upped the anti on laptop stickers… 😂
I think I manifested Ben Carlson going on the show last week. So clutch!
I really like this guest, seen him on other venues, very forward looking.
Glad you enjoyed, Steve!
I used to listen to Ric Edelman a decade ago on my commute to work. It's good to hear his voice again and to see we're on the same page with a lot of the changes to investments and the world today
His argument for getting into bitcoin sounds like another tired version of FOMO. Few use cases, lots of hype, and heavy regulatory concerns. Maybe it won't end badly.
Meh...too much crypto and future stuff. It was like Cathy Woods with a beard.
Interesting. Ric Edelman not only doesn't understand the difference between average age and average age of death, but he didn't even realize he was wrong when Josh clearly questioned him on it 😂 How self-deluded must you be to think Ben Franklin was 2-3x older than everyone else around him 🤣
James Monroe, 18
Aaron Burr, 20
Alexander Hamilton, 21
James Madison, 25
Thomas Jefferson, 33
John Adams, 40
Paul Revere, 41
George Washington, 44
average age, 34
Ben Franklin, 70
HOWEVER, he said the average COLONIST was 23. Which makes Franklin more than 3x older than everyone around him.
My global x funds have dragged my portfolio down so bad in the last 6 years 😅… this guy’s stroking their sacks
Great Schtuff lads !!! once again, Keep gettin after it👍. Thanks, DoubleBNYC
This guy is clearly very bright but this crypto push is hard to stomach.
Had me tuned out right at the start when he talked about some crypto education shit - you can already learn everything you need to for free online so what is even the point of that aside from trying to increase his own importance and basically attempt to be an intermediary for connections.
Josh looking like a blonde first season Tony Soprano when he's depressed 😂
Thanks for making me feel old as I started my career when it was still T+5 and we had wire machines printing out trade slips! Great session though.
"A 20% allocation to crypto is not insane." from Michael's prompt, "Without being irresponsible." This fraud of an episode is not going to age well, unless of course you believe that you'll be healthier at 95 than 55.
yes I agree tell yer clients they can trade all the tulips they want and Sam bankman freed can help em with it.
The same is true for python libraries. That date is the last date chatgpt received training data all up, not just finance. It causes problems for coding as well since libraries are outdated.
Interesting take on longevity, portfolio balances and the future of advising. I don't use an advisor because I want more control and the ability to be more nimble. I don't want to fire an advisor because they couldn't get me an average annual return of 10% or > like I've been able to do for the last 12 years. (That said if I changed my strategy I would likely give Josh and his team a shot. :)
Ben's take on the future is interesting...but that's not where most of the money is being made right now and many people who bought those companies high multiples in the last 2 years are getting crushed. All comes down to risk/reward and time horizon....which according to Ben should be at least 120 years...LOL...I wonder how Viagra works at that age!
Oh neat. A t1000 and replicators from stargate. Future sounds fun !
Man, I need to watch this twice.
Picked the wrong guest this week. Too much bitcoin fan/Kathy Wood esc for me Great to have Ben on though😊.
Ric's go to is his bold "niche" calls, his signature move on every point. We get it, Ric - you can see around corners and we don't deserve you. The schtick reminds me of the character Harold Hill in "The Music Man." By the way, $QQQM has outperformed $XT and with a third of the expense ratio.
My man is a conspiracy nut…blaming others
🐇 🕳️
#LookInToIt 👀
Can someone explain to Josh that the limit on financial data until 2021 for ChatGPT is not some deliberate conspiracy, it is simply the fact that the model was trained on internet data until that period. Not because they’re scared to be wrong, they just had to pick a cutoff point (for ChatGPT specifically). Bing (which uses the exact same models but doesn’t have the data limitations) can access recent data.
This episode felt like a crypto sales pitch. Also this guy greatly overestimates medical science and our understanding of the body.
Thanks Josh, Michael, and Ben for having me on! Great time! --Ric
Sounds like this guy watched all the Black Mirror episodes but turned them off 10 minutes before they finished.
keep pumping bitcoin and I'll have more free time.
Exactly. It would be a misallocation of resources to do otherwise.
Brilliant! Thank you team
Looks like Ric, after selling his firm for gazillions, can't just sit around and is off to the next big thing. Sadly, he picked crypto lol. And he is not giving up on it so ya all know...oh, taking a little bit of time to sell the digital council to educate us all smh. Also, so ya all know, he is not like Cathie, he is only predicting bitcoin to be only $150,000 wtf! Some of the stats of how many of us advisors and clients of ours own it should have been challenged directly. Actually, no push back at all...Josh tried a little bit, Ben kept silent and probably raged inside and Michael is just too nice to be direct...Anyway, this is dangerous stuff folks, be careful out there! And, longevity, wow...ooook.
❤ Great Show Guys!
Incredible the quality of guests these guys keep getting to come in. Had no idea anyone with Ric Edelman's reputation was all in on Bitcoin. Excited to hear a financial professional in Barron's Hall of Fame approach crypto with reason and logic
I dont mind this guy, but you also need to take everything he says with a few grains of salt. Massive Cathie Wood type vibes. "I know the future so buy BTC and super edge AI company" vibes...
Bold & compelling statements on where the puck is going re AI & Robotics and biotech and so forth.
On a side note, due to staff shortages the first number of restaurants are implementing robo waiters in the Netherlands (!). Just to underwrite what Ric was saying…this podcast was a blast! 🔥🔥👊🏻
Love the Compound! This guest though....big swing and a miss. Felt like an infomercial with the mypillow guy
THIS simple trick can help you read Ric Edelman's crystal ball
I'm sorry but this guest is a true lunatic.... I mean, at this point, might as well invite peter shift lol...
Ken Dychtwald was a fellow Lehigh Class of 1971 member.
Sweeeeet, this is going to be an awesome episode!
I like introductions … they could be brief and more targeted if anything
Ric was the worst guest you have ever had!! His positive Crypto bias was over whelming, and his desire to pump and dump was very clear. Turned off the show after 15 minutes.
I would rather listen to a cat giving birth to a hammer instead of this guy pumping his own stuff.
I’d love Ben to be on TCAF more often though!
I’d rather go to the casino. It’s more fun🤗
This was 35 minutes, that’s all I could take, of my life I can’t get back.
You Guys rock great show. Scary, interesting, mind blowing and exciting this AI stuff can’t wait to see where it leads us.
Well done gents!