Odd Lots How Josh Brown Created A Financial Media Empire
4 snips
Sep 16, 2024 
Josh Brown, CEO of Ritholtz Wealth Management and author, discusses his journey from stockbroker to financial media giant. He shares insights on the transformation of financial commentary triggered by the 2008 crisis. Brown reflects on the rise of blogging and social media, highlighting personal anecdotes from that chaotic time. He candidly explores the challenges of navigating traditional media, the importance of genuine guidance, and the evolution of financial narratives, revealing how he became a trusted voice in the industry.
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First Meeting
- Josh Brown, Tracy Alloway, and Joe Weisenthal reminisce about their first meeting.
- They agree it likely occurred in 2009 near Grand Central Terminal, possibly at the Campbell Apartment or Michael Jordan Steakhouse.
Cambrian Explosion of Voices
- The 2008 financial crisis created a new era in financial media, empowering bloggers and non-traditional commentators.
- This shift disrupted the established PR-driven system, giving rise to unfiltered market analysis.
Start of Reformed Broker
- Josh Brown started blogging after noticing independent bloggers covered the financial crisis better than traditional media.
- His compliance officer, preoccupied with the firm's survival, gave him free rein, accelerating his success.
