CEOInterviews.AI
Start App
Try: AI strategy tariffs earnings guidance layoffs interest rates growth

Josh Brown

Co-founder & CEO, Ritholtz Wealth Management

Search every verified Josh Brown interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Josh Brown, co-founder and CEO of Ritholtz Wealth Management, has continued his regular podcast appearances, co-hosting episodes of The Compound and Friends and What Are Your Thoughts, where he discussed market conditions, AI's impact on the economy, and investor sentiment. In a late-October episode of The Compound and Friends, he and co-host Michael Batnick were joined by CBS News business analyst Jill Schlesinger to discuss American economic pessimism, the housing affordability crisis, and social media's role in financial anxiety. During a separate episode, Brown interviewed Steve Eisman, and the conversation touched on whether AI companies have durable competitive advantages, the debt of AI infrastructure firms, and comparisons to past market crises. Brown said the core issue with the AI story is concentration risk, noting that Nvidia's revenue is heavily dependent on a small number of customers. Brown also expressed his views on wealth management and technology. He stated that clients rarely choose an advisory firm based on its technology, likening it to a restaurant's kitchen equipment—necessary but not a differentiator. He described the five main roles of an advisor as psychologist, coach, historian, subject matter expert, and bouncer, the last of which he said often involves filtering the "alts circus." He also discussed the rise in millionaire households, attributing the growth largely to stock market performance. On fiscal policy, he mentioned the increase in national debt since COVID-19 and argued that a lack of non-economic buyers for Treasuries has led markets to price in fiscal risk. In a September episode, Brown described the AI capital spending boom as tying together equities, credit, the dollar, and foreign flows, which he said makes it harder for investors to diversify away from AI risk.

Recent appearances

  • An Economy So Good No One Can Live In It | TCAF 265

    October 23, 2026 · 📺 The Compound

    On episode 265 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Michael Batnick are joined by CBS News business analyst ⁠Jill Schlesinger⁠ to discuss: why Americans feel so pessimistic about the economy, the growing divide between rich and poor, the housing affordability crisis, and how social media is fueling financial anxiety. They also cover the media's obsession with bad news, the AI spending boom, Meta's massive cash burn, whether AI can replace financial advisors, and the…

    Read the verified transcript → Watch on YouTube ↗

  • A Market Full of Doubt, but Very Little Fear | WAYT?

    October 20, 2026 · 📺 The Compound

    On this episode of What Are Your Thoughts, Josh Brown and Michael Batnick discuss: Netflix cleaning house, whether weak market breadth is actually bad for stocks, the retail investor rally, why doubt is replacing fear in the market, the rise of AI bond vigilantes, what they learned from Steve Eisman about the AI trade, Anthropic's latest investor update, the Degen Dow, Berkshire Hathaway's surprising investment in Bending Spoons, and much more! This episode is sponsored by DBMF, the world’s largest managed futures ETF. Discover why DBMF’s liquid, uncorrelated, managed futures strategy could b…

    Read the verified transcript → Watch on YouTube ↗

  • How OpenAI Could Cause a US Recession | TCAF 264

    October 16, 2026 · 📺 The Compound

    On episode 264 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and Michael Batnick are joined by Steve Eisman to discuss in front of a live audience of University of Miami students: why AI labs are asking to be regulated, the end of tokenmaxxing and the rise of cheap open-weight models, whether any AI company has a moat, CoreWeave's debt and whether AI funding is about to break, why this is not 2008, how OpenAI and Anthropic became systemically important, Nvidia's customer concentrat…

    Read the verified transcript → Watch on YouTube ↗

  • Millionaire Households Doubled in Fifteen Years | WAYT?

    October 13, 2026 · 📺 The Compound

    On this episode of What Are Your Thoughts, Josh Brown and Michael Batnick celebrate 15 years of CNBC's Halftime Report and take a look at just how much the markets have changed since 2011. From the explosive growth of tech stocks and ETFs to the rise in millionaire households and retirement wealth, they break down the numbers behind an incredible 15-year run. Plus, big bank earnings, deteriorating market breadth and whether weak participation is actually a bullish signal, the selloff in consumer stocks, what seasonality tells us about the market's next move, and how to tell the difference betw…

    Read the verified transcript → Watch on YouTube ↗

  • This Is Where the Rubber Meets the Road | TCAF 263

    October 09, 2026 · 📺 The Compound

    On episode 263 of The Compound and Friends, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Downtown Josh Brown⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠Michael Batnick⁠ are joined by ⁠Jurrien Timmer⁠, Director of Global Macro at Fidelity Investments, to discuss: Why year-end S&P 500 price targets miss the point, the $17 trillion rise in the national debt and the missing buyers of Treasuries, hyperscaler borrowing and reverse crowding out, 5% bond yields and the stealth correction underneath the market, record market concentration, whether AI is an earnings bubble, K…

    Read the verified transcript → Watch on YouTube ↗

  • One Step Away From Sell | WAYT?

    October 06, 2026 · 📺 The Compound

    On this episode of What Are Your Thoughts, Josh Brown and Michael Batnick discuss: whether the stock market is getting too bullish, why the VIX remains unusually calm, and what weakening market breadth could mean for investors. They also break down Michael Burry’s latest warning, Nvidia’s growing influence on the S&P 500, FICO’s stunning collapse, and the disconnect between mega-cap tech and the rest of the market. This episode is sponsored by Neuberger. Explore NBSD - including all risks and important information - at https://www.neuberger.com/nbsd 👕 Check out The Compound shop: https://w…

    Read the verified transcript → Watch on YouTube ↗

  • Josh Brown on the Future of Advisors, AI, and Wealth Management | The Informed Investor 59

    October 02, 2026 · 📺 Dimensional Fund Advisors

    Episode 59: What happens when you rethink how financial advice is delivered—and how an industry comes together? Josh Brown, CEO of Ritholtz Wealth Management, talks about the evolution of modern wealth management, the changing role of financial advisors, and the story behind one of the industry’s most distinctive events. Brown shares how his own career—from selling financial products to becoming a fee-based financial advisor—shaped his belief that advisors should sit on the same side of the table as their clients. He explains how that philosophy helped shape Ritholtz Wealth and its approach t…

    Read the verified transcript → Watch on YouTube ↗

  • That Feeling Something Bad Is About to Happen | WAYT?

    September 29, 2026 · 📺 The Compound

    On this episode of What Are Your Thoughts, Downtown Josh Brown and Chart Kid Matt discuss Nvidia breaking out and its massive new buyback plan, rising Treasury yields and the bond market’s demand problem, how the AI spending boom is reshaping both stocks and corporate credit, and whether weakening market breadth is finally flashing a warning sign. This episode is sponsored by Betterment. Get started at https://www.betterment.com/advisors COMPOUND MERCH: https://idontshop.com/ Timestamps: ►00:00 - Intro ►03:04 - NVDA Breaks Out ►15:38 - Treasuries Have a Demand Problem ►27:00 - The Everyth…

    Read the verified transcript → Watch on YouTube ↗

  • Josh’s Worst Call This Year | WAYT?

    September 22, 2026 · 📺 The Compound

    On this episode of What Are Your Thoughts, Josh Brown and Michael Batnick discuss: Meta’s massive rally following the launch of Muse and what it could mean for the AI trade and chip stocks. They also break down weak market breadth near all-time highs, debate Netflix’s brutal drawdown and the bull and bear cases for the stock, look at why buy-and-hold is so difficult for individual stocks, make the case for locking in 5% Treasury yields, Warren Buffett’s legacy, ARKK, Snowflake, and much more. This episode is sponsored by DBMF, the world’s largest managed futures ETF. Discover why DBMF’s liqui…

    Read the verified transcript → Watch on YouTube ↗

  • Treasury yields passing 5% won't break the market, says Ritholtz Wealth Management's Josh Brown

    August 17, 2026 · 📺 CNBC Television

    Chris Hyzy, Bank of America Private Bank CIO, and Sonali Basak, iCapital chief investment strategist, join 'Closing Bell' to discuss the 30-year Treasury yield topping 5.31 percent, the S&P retreating from record highs last week and the energy sector rallying as oil rises. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Watch CNBC on the go with CNBC+: https://www.cnbc.com/WatchCNBCPlus Turn to CNBC TV for the latest stock market ne…

    Watch on YouTube ↗

  • Don't Try to Beat This Market — Here's What to Do Instead

    April 13, 2026 · 📺 Prof G Markets

    This week on Prof G Markets, Ed Elson and Josh Brown unpack how markets have responded to developments in Iran and explain why regular investors are in a better position to ride out the volatility than they think. They then explore Josh’s recent move into software stocks, highlighting opportunities in the sector. They also discuss why the Magnificent 7 is struggling while HALO stocks are gaining momentum right now, and take a look at the upcoming IPOs from SpaceX, Anthropic, and OpenAI. Subscribe to the Prof G Markets newsletter: https://links.profgmedia.com/markets-... Order Notes On Being…

    Read the verified transcript → Watch on YouTube ↗

  • Why a Doomsday AI Blog Wiped Out $300 Billion | Prof G Markets

    February 25, 2026 · 📺 Prof G Markets

    Ed Elson breaks down why a new Substack post from Citrini Research sent software stocks into freefall with Josh Brown. They also discuss the rise of HALO stocks. Then, Ed is joined by Robert Armstrong to unpack warning signs in the private credit market from Blue Owl Capital. Josh Brown is the CEO at Ritholtz and host of The Compound & Friends podcast. Robert Armstrong is the US financial commentator for the Financial Times. Timestamps 00:00 - Today’s Number 00:25 - Market Vitals 01:02 - Citrini Report & HALO (ft. Josh Brown) 13:38 - Break 14:06 - Blue Owl (ft. Robert Armstrong) 27:32 - Br…

    Read the verified transcript → Watch on YouTube ↗

Verified interview transcripts

Notable quotes

“The planning part has been solved by software for a generation. The hard part is the attention. People they need to be heard. They need to think out loud. They need to say things and see how they land on the person they're saying it to. Um, they need somebody that thinks of them and remembers things that might be important for them. And they need to have the sense that there's somebody else who has a stake in things ”

“I think that the negativity that you're scrolling through and that the seeking of negativity is something that I kind of fight against personally because I do think that when I have when I do a show or when I'm on one of our shows and I can sort of say there's these two sides, I can see both sides. I can do that. I really think I am calling balls and strikes on the economy. I don't really think I don't really have I ”

“We see SpaceX annual recurring revenue to land between $500 billion to a trillion by the end of 2027. Not 2037. He doesn't have to hit it. He just has to get people to believe that it's possible and it's good enough. This is a whole new paradigm for the stock market to have a company like this. He has this ability to do this over and over again. It's not just like he launches a new product. He launches a new category”

“So, let's imagine that there's a full-blown price war. Okay. Let's assume it. Okay. I don't know if it's going to happen, but let's just say that it does. Anthropics revenue growth turns negative. Nobody's going to fund them. They got to cut back on their commitments. Oracle goes right down the toilet because half of Oracle's backlog is just from Open AI.”

“The problem with the AI story is a concentration problem. Two giants, which is started Nvidia, top of the chain. So Nvidia grew revenue this most recent quarter by over 100%. That's an astonishing statement. The largest company on planet earth grew revenue by over 100%. Is all inspiring. But in the 10 Q there's a sentence that says that 70% of Nvidia's accounts receivable which is a proxy for revenue is from five cus”

“If there's a pie chart to explain the growth of the rise of millionaires, I would say 85% of it is due to the stock market and then 15% is like real estate and then everything else right like and people say oh what about startups right startups that eventually go public like I feel like we have to include the private it's a stock it's a stock market and then a little bit of real estate cuz the growth in the private a”

Other executives at Ritholtz Wealth Management

The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →