Stack the Odds in Your Favor (with Rich Bernstein), Dow Jones new high, measuring happiness (with Tony Isola)

Summary: <p>On this week's episode of The Compound Show, Josh talks with veteran market strategist Rich Bernstein of Richard Bernstein Advisors about why long-term investors have a probabilistic advantage over short-term traders and why his firm focuses on top-down economic themes when constructing portfolios.</p><br><p>Tony Isola of Ritholtz Wealth stops by to talk about the kind of happiness and success that cannot be measured in numbers.</p><br><p>Be sure to leave us a rating and review if you're enjoying the show, it goes a long way!</p><br><p>Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: <a href="https://ritholtzwealth.com/podcast-youtube-disclosures/" rel="noopener noreferrer" target="_blank">https://ritholtzwealth.com/podcast-youtube-disclosures/</a></p><p><br></p><br><hr><p style="color:grey;font-size:0.75em;"> See <a style="color:grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>