1 00:00:04,040 --> 00:00:07,280 Speaker 1: Hello, it's Joe from Odd Lots and I just wanted 2 00:00:07,360 --> 00:00:11,520 Speaker 1: to tell you about a new podcast from Bloomberg. It's 3 00:00:11,600 --> 00:00:15,920 Speaker 1: called Trillions, and it's all about the E t F industry. 4 00:00:15,960 --> 00:00:18,200 Speaker 1: And of course, if you listen to odd Lots, you've 5 00:00:18,239 --> 00:00:20,520 Speaker 1: heard me and Tracy talk about e t f s 6 00:00:20,760 --> 00:00:23,599 Speaker 1: a lot of times, the role they're having in the market, 7 00:00:23,640 --> 00:00:26,640 Speaker 1: the anxiety they're causing, how they're changing everything, how much 8 00:00:26,680 --> 00:00:29,800 Speaker 1: money is flowing into them, and we really thought it 9 00:00:29,880 --> 00:00:32,959 Speaker 1: deserved its own podcast, so you should really check it out. 10 00:00:33,000 --> 00:00:36,280 Speaker 1: It's called Trillions. It's hosted by Eric bel Tunis. He's 11 00:00:36,280 --> 00:00:40,000 Speaker 1: been on Odd Lots before, knows more about them than 12 00:00:40,080 --> 00:00:44,600 Speaker 1: basically anyone else, alongside Bloomberg Markets Magazine editor Joel Weber. 13 00:00:44,920 --> 00:00:48,080 Speaker 1: Together they're gonna be exploring their industry, how they're changing 14 00:00:48,120 --> 00:00:51,600 Speaker 1: the world, all kinds of fascinating stuff. So check it out. 15 00:00:52,080 --> 00:00:56,280 Speaker 1: Trillions the new podcast from Bloomberg. And here's a trailer 16 00:00:56,320 --> 00:01:06,720 Speaker 1: for the show. Welcome to Trillions, a podcast about the 17 00:01:06,760 --> 00:01:10,039 Speaker 1: exchange traded fund which probably know as the e t F. 18 00:01:12,000 --> 00:01:14,280 Speaker 1: My name is Joel Wober and i'm Eric bel Shutis. 19 00:01:14,280 --> 00:01:16,840 Speaker 1: I'm the editor of Bloomberg Markets Magazine, and I'm an 20 00:01:16,840 --> 00:01:19,800 Speaker 1: analyst with Bloomberg Intelligence, and we're starting a podcast about 21 00:01:19,800 --> 00:01:21,759 Speaker 1: e t f and how they become such a powerful 22 00:01:21,800 --> 00:01:26,560 Speaker 1: investing tool. Wait, e t what come on, Joel? You 23 00:01:26,560 --> 00:01:29,319 Speaker 1: know what an e t F is? An exchange traded fund. 24 00:01:29,520 --> 00:01:31,600 Speaker 1: That's true. I know a little bit, but I don't 25 00:01:31,600 --> 00:01:34,040 Speaker 1: know as much as you. Yeah. I basically spend every 26 00:01:34,160 --> 00:01:37,080 Speaker 1: waking minute, thinking, writing, reading about e t f s. 27 00:01:37,400 --> 00:01:39,399 Speaker 1: But the problem even for me is it's really easy 28 00:01:39,440 --> 00:01:42,120 Speaker 1: to overcomplicate this stuff. So we're gonna keep things simple 29 00:01:42,480 --> 00:01:44,039 Speaker 1: and at the same time we'll be able to give 30 00:01:44,040 --> 00:01:46,920 Speaker 1: people who already use ETFs a few nuggets too. It 31 00:01:46,920 --> 00:01:49,000 Speaker 1: will be a little bit like a Pixar movie. Kids 32 00:01:49,000 --> 00:01:51,480 Speaker 1: Get something, Mom and Dad get something. Yeah, we want 33 00:01:51,480 --> 00:01:53,160 Speaker 1: you to have a lot of useful information about e 34 00:01:53,240 --> 00:01:54,960 Speaker 1: t f s, like how they work, how to pick them, 35 00:01:55,280 --> 00:01:57,000 Speaker 1: how they can help you as an investor, and what 36 00:01:57,080 --> 00:01:59,560 Speaker 1: to be wary of. And what makes this podcast unique 37 00:01:59,720 --> 00:02:02,080 Speaker 1: is ever to try and make this topic that feels 38 00:02:02,120 --> 00:02:06,600 Speaker 1: really daunting to the average investor a little bit more accessible. Yeah, 39 00:02:06,600 --> 00:02:08,680 Speaker 1: this show will be something that a financial advisor might 40 00:02:08,720 --> 00:02:11,600 Speaker 1: benefit from, but in a language that my mom can understand. 41 00:02:11,840 --> 00:02:13,519 Speaker 1: The bottom line is that for many people, E t 42 00:02:13,639 --> 00:02:15,639 Speaker 1: f s are like another planet, and Joel and I 43 00:02:15,680 --> 00:02:18,160 Speaker 1: are going to be like your intergalactic tour guides. And 44 00:02:18,200 --> 00:02:20,239 Speaker 1: to make this topic fun, we're going to use a 45 00:02:20,280 --> 00:02:23,680 Speaker 1: little bit of everything underdisposal, some really cred guests, a 46 00:02:23,680 --> 00:02:26,399 Speaker 1: lot of metaphors, a bit of humor, and probably way 47 00:02:26,440 --> 00:02:28,680 Speaker 1: too many eighties references. Maybe some from the nineties as 48 00:02:28,720 --> 00:02:31,480 Speaker 1: well and two thousand's, but not many. I'm also going 49 00:02:31,520 --> 00:02:34,120 Speaker 1: to try and eat something on every show, why because 50 00:02:34,120 --> 00:02:35,360 Speaker 1: that's sort of like what e t f s are 51 00:02:35,360 --> 00:02:39,040 Speaker 1: doing in finance, eating everything. So look out for our 52 00:02:39,040 --> 00:02:41,440 Speaker 1: first episode of this great new et F podcast on 53 00:02:41,480 --> 00:02:41,760 Speaker 1: Novem