Prof G Markets Don't Try to Beat This Market — Here's What to Do Instead
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Apr 13, 2026 
Josh Brown, co-founder and CEO of Ritholtz Wealth Management, joins for a lively look at market chaos, why Iran headlines should not shake long-term investors, and where software stocks may be getting unfairly punished. They also dig into international stocks beating the U.S., the Magnificent 7 stumble, HALO names rising, and buzz around future IPOs from SpaceX, Anthropic, and OpenAI.
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Why Regular Investors Should Not Trade Geopolitics
- Avoid trying to trade wars, oil spikes, or Trump headlines unless managing money professionally is literally your job.
- Josh Brown says regular investors have an edge in not being judged daily, so they should set portfolio rules in calm periods and stick to them.
Why This Market May Be Less Risky Than It Feels
- Markets may already reflect much of the political and geopolitical risk through lower valuations and U.S. underperformance.
- Josh Brown says the S&P forward multiple fell from 23 to 19 while earnings kept growing, and developed ex-U.S. plus emerging markets beat the U.S. over one year.
International Stocks Are Winning Across Every Style
- The global rotation is broader than a Europe trade because nearly every international factor bucket is beating the U.S.
- Josh Brown lists international low vol, growth, momentum, quality, shareholder yield, and value all ahead year to date, with JPMorgan forecasting 40% EM EPS growth.