Meta’s Muse launch, Josh is wrong on Netflix, internals weaken, 10-year bonds at 5%, Buffett steps away

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The Compound and Friends 1h 6m 2 speakers 4 chapters transcribed 4 hours ago
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Downtown Josh Brown 0:15
Yeah. We're back. I haven't I haven't done this show with you in uh I think it's three weeks. Right, 'cause l uh last week we were in future proof. The week before I was with a back injury and you had short kid and Matt and uh uh Sean. And then so the week before that, so it's August. And nothing
Michael Batnick 0:36
nothing's happened since then,
Downtown Josh Brown 0:37
really. Nothing at all. Everything has happened. All right. Well, I'm I missed the show. This is like one of the highlights of my week every week. So guys we're pre taping. It's Tuesday morning. I am uh doing a thing at the University of Miami later today, which uh prevents me from being live. Um but those of you in the live chat, thank you for coming for the premiere and uh we we appreciate seeing you guys do that every week. But we're live how you feeling like we're live. Like like you and I are live together. It's good.
Michael Batnick 1:10
Literally, we're doing it. Yeah. Well actually I don't feel great. Uh I did not like seeing Jackie's knee go sideways last night. That sucked. But it sounds like we avoided catastrophe, so and you know what? Who cares? The Knicks are champions. I'm still running high. I don't care.
Downtown Josh Brown 1:23
I was gonna say I'm already pivoting to basketball. Yeah,
Michael Batnick 1:25
it's okay.
Downtown Josh Brown 1:26
Um my I I sent my Giants friends a text uh last night. I I might not be watching for the next two or three weeks, so don't even bother. Yeah, Jameis was a was a tough watch. Yeah, I don't think I can watch that again. All right, uh this is what are your thoughts? For those of you tuning in for the first time, this is America's favorite investing and markets livestream. We try to get to the biggest stories or the ones that we feel we have the most interesting take on. We cover stocks, bonds, the economy, venture capital, uh technology, anything that touches uh the investment portfolio, we're gonna We're gonna chime in on. That's what we do. Uh we appreciate all of you guys for listening wherever you are and watching.
Downtown Josh Brown 2:08
We have a sponsor for the show. Michael, tell us who's sponsoring. What are your thoughts today?
Michael Batnick 2:12
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Michael Batnick 2:57
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Downtown Josh Brown 3:13
What what kind of animal is that? That's a sloth. That's a sloth. Okay. You know, I was a big moves
Michael Batnick 3:20
different. I was a big uh animal child. I I enjoyed spending time in the library as a six year old. Couldn't get enough books about animals.
Downtown Josh Brown 3:28
You were big on animals? Yes. All right. Well let me show you this Will the Beast. Meta um f finally launched something that people want in the AI arena and it has literally ignited an incredible rally for lots and lots of tech stocks. And I I don't know, man. I think this is pretty cool. And there's some there are some big takeaways here. I'm gonna share mine and I want to hear yours. But let's just set this up for people. On September eighth, which I think was a Friday Meta launched Muse and immediately incorporated it into WhatsApp. Um put it all over, you know, Instagram and all over Facebook and got it in front of lot a lot of people. Um they're advertising it on NFL games, which is not cheap. Like they're going all in on this thing.
Downtown Josh Brown 4:20
And I think it could be the most important company event since they came out with Reels, where they said, Nope, TikTok is not gonna win.

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