Season One streaming now
Where the market
meets the fairway.
Market Swings is eighteen holes, one guest, and the real conversation about money, risk, and the swings in between. Hosted by Josh Baylin.
The breakout episode
Inside a PGA Tour Pro’s Paycheck.
With Kevin Kisner · 4× PGA Tour winner · NBC analyst
Kisner walks through the math on a career that looks like $30 million on the leaderboard and reads like something else entirely on a tax return. Caddie, coach, putting coach, state taxes, federal. “I usually call it about 30%.”
Watch the episode →The show
Most business shows happen in a studio. This one happens over eighteen holes.
Each episode puts one guest, a Tour veteran, a founder, a comedian, in front of Josh for a round of golf and a candid conversation about money, risk, and the decisions that define them.
The format works because golf disarms people. A bad drive on the first tee breaks the ice faster than any interviewer could. By the fourth hole, guests are talking about money, ambition, and failure in ways they never would across a table.
“The best conversations about money happen when nobody is trying to sound smart. On a golf course, nobody can.”
Every episode is built around a single business question: the real economics of pro golf, robots mowing fairways, the business of running a surf-shop dynasty. The round is how we get into it.
Season One
Who’s been on the course.
PGA Tour
Kevin Kisner
4× PGA Tour winner · NBC golf analyst
What a Tour pro actually takes home, and what he thinks of TGL.
Entertainment
Nate Bargatze
Stand-up comedian
A comedy crossover, mostly at the expense of Kisner’s driving distance.
Founder story
Josh Hansen
Hansen Surfboards · second generation
How a stingray attack helped start a sixty-five-year family business.
Developmental tour
Dylan Menante
Korn Ferry Tour professional
The brutal economics of developmental golf, from someone living it.
Technology
FireFly × Santaluz
Autonomous mowers · private club operations
A golf course that runs on robots around the clock.
Recurring series
The 19th Hole
Post-round debrief
Short episodes that carry each round’s conversation into the clubhouse.
The Invitationals
Four golf trips. Pick yours.
A cup to win. Money on the line. A film crew on the course. Hosted by Josh, 2027.
April 11–14, 2027
Pinehurst
Sixteen players. Two teams. One cup.
See the trip →June 21, 2027
Sand Valley
One foursome. The longest day of the year.
See the trip →August 15–19, 2027
Northern Michigan
Dunes above the lake, then into the pines.
See the trip →October/November 2027
Bandon Dunes
Walking only. Wind off the Pacific.
See the trip →
The host
A market guy with a 4 handicap.
Josh Baylin
Creator · Host · Executive Producer
Josh has spent twenty years where technology, capital, and product meet: a journalist at Bloomberg covering tech and policy, a portfolio manager at Legg Mason and SAC Capital, founder of an RPA consultancy serving the Fortune 100, and VP of Product at Brain Corporation, the autonomous robotics company.
Market Swings is all of it in one place: a show about the businesses he has built, invested in, and reported on, filmed in the one setting where the people running them actually relax.
- Based
- Cardiff by the Sea, California
- Handicap
- About 4 · plays Omni La Costa
- Prior
- Bloomberg · Legg Mason · SAC · Brain Corp
- Builds
- AllGolfHoles.com · GRV Golf (iOS)
In the press
Already being quoted.
- EssentiallySportsKevin Kisner Reveals How PGA Tour Pros Lose More Than Half of Their Career Earnings
- EssentiallySports4X PGA Tour Pro Shares Eye-Opening Truth About What Golfers Really Take Home From Prize Money
- EssentiallySportsPGA Tour Veteran Rubs Salt Into Max Homa’s Wounds After His Season Ended on a Sour Note
- EssentiallySportsKevin Kisner Issues Statement on Tiger Woods’ $500M League’s Future Amid Season 2