On this week's Stansberry Investor Hour, Corey welcomes Josh Brown to the show. Josh is the CEO and co-founder of investment advisory firm Ritholtz Wealth Management, as well as an author and co-host of The Compound and Friends podcast.

Josh kicks things off by discussing how his lack of formal education in economics sets him apart in the world of financial media, the importance of relying on your own instincts, and what it was like interviewing legendary investor Peter Lynch. He also talks a bit about how he got to where he is today, including falling in love with the stock market from a young age and the "anti-mentors" he had growing up who showed him firsthand what not to do. Plus, he shares his thoughts on financial media...

There are people that are vocally displeased with financial TV [or] financial articles. They yell and scream at the Wall Street Journal or Bloomberg or CNBC. I don't [care]. I'm trying to build a business, and I'm trying to help my clients. I don't have any other causes... My job, I feel, is to communicate with the audience that cares about my opinion. And I do the best I can.

Next, Josh explores what's happening with today's bull market – why it's not 1999 all over again, how folks are underestimating the power of earnings, and AI being in a bubble that will inevitably end. After that, he discusses how he helps his clients, why investors should take on risk earlier in life rather than later, and how Ritholtz withstood losing its biggest client a week before launch to grow to where it is today, with more than $6 billion in assets under management. He notes that being able to scale the business responsibly is a balancing act...

We're 80 people. How do I go to 100 people without the firm feeling like it's a totally different place and people saying things like, "Ah man, this has changed"?... I spend a lot of time thinking about that, and not just for the employees' sake but the clients' sake... I don't want my clients to start feeling like it's McDonald's and we're serving 85 billion hamburgers and nobody really cares very much about what's coming out of the kitchen.

Finally, Josh explains an important lesson he learned from Shake Shack founder Daniel Meyer about putting your employees first, why he wrote his latest book (You Weren't Supposed to See That), and what's different about today's market versus past markets. He points out that even when the Federal Reserve was hiking rates aggressively, the economy was just fine, so clearly our current market doesn't adhere to previous norms. And Josh closes things out with a discussion about why we might never again get a cyclical recession and what worries him about today's market. Speaking broadly, he says...

Just recognizing that it is different this time [is crucial]. It's always different. This idea that every environment you're in has to somehow rhyme with a previous environment from the past is just not how it works in real life.

Click on the image below to watch the video interview with Josh right now. For the audio version, click "Listen" above.

(Additional past episodes are located here.)

The transcript is coming soon.

This Week's Guest

Josh Brown co-founded investment advisory firm Ritholtz Wealth Management in 2013, where he serves as the CEO. He is also co-host on The Compound and Friends podcast, a prominent contributor on CNBC, and the author of four books, including You Weren't Supposed to See That and Backstage Wall Street. Josh is known for his sharp market insights and actionable investing strategies.