Best of Panic: Downtown Josh Brown on the Past, Present, and Future of Finance Media (EP.263) This Episode was 1st published on March 2nd, 2023

Panic with Friends - Howard Lindzon

I couldn’t be more excited to have my good friend Downtown Josh Brown on the show! Josh and I go way back to the early, early days of Stocktwits. He’s built what’s probably the biggest financial media brand outside of CNBCq and has managed to thrive amidst the people who like to hate on people who are doing well on social media; so I’ve got lots and lots of questions about the finance industry and media. We dig a bit into AI, crypto, web2 survivors, and where we’re at with web3. You’re going to really enjoy our conversation.

Guest - Josh Brown, Co-founder & CEO at Ritholtz Wealth Management, Host of The Compound & Friends Podcast

howardlindzon.com, ritholtzwealth.com, thereformedbroker.com/podcast TikToK: @downtownjbrown

Instagram: @downtownjoshbrown

Twitter: @howardlindzon, @reformedbroker, @ritholtzwealth, @PanicwFriends, @knutjensen

LinkedIn: joshua-brown

#fintech #invest #investment #venturecapital #stockmarket #finance

Time Stamps:

• Intro (00:37)
• Welcome Josh (03:30)
• Comparing T scores (03:48)
• Early days nostalgia (08:33)
• Building the tribe (09:47)
• Social Media wild west (13:16)
• Picking the right social platform (18:19)
• LinkedIn - the next generation (21:17)
• Building Finance/Media culture (28:30)
• Josh makes a comeback (29:34)
• Birth of Ritholtz Wealth Management (31:40)
• Opportunity in Wealth Management (34:02)
• web2 survivors (36:32)
• Evolution of web 3 (36:51)
• DeFi not working as intended (38:00)
• Josh’s thoughts on Oculus (39:13)
• Diving deeper into web 3 (39:26)
• ChatGPT changing everything (41:01)
• The promise of crypto (42:33)
• AI tools cut advisor workloads (44:27)
• Days of arbing algo’s are over (45:63
• Wrapping it up (47:11)
• Outro (50:17)