Welcome to the latest episode of The Compound & Friends, a new podcast from your favorite financial and investing commentators. This week, Michael Batnick, Eric Balchunas, and Downtown Josh Brown discuss:

►Schwab/Fidelity direct Index

►An Asset Gathering Machine

►The Bogle Effect

►Active managers smashed by ESG in Q1

► Stock splits

►Go get ‘em, Tiger

►Bonds rekt

You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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Follow Michael’s blog at theirrelevantinvestor.com