Speaker 1: Hello, it's Joe from Odd Lots and I just wanted
Speaker 1: to tell you about a new podcast from Bloomberg. It's
Speaker 1: called Trillions, and it's all about the E t F industry.
Speaker 1: And of course, if you listen to odd Lots, you've
Speaker 1: heard me and Tracy talk about e t f s
Speaker 1: a lot of times, the role they're having in the market,
Speaker 1: the anxiety they're causing, how they're changing everything, how much
Speaker 1: money is flowing into them, and we really thought it
Speaker 1: deserved its own podcast, so you should really check it out.
Speaker 1: It's called Trillions. It's hosted by Eric bel Tunis. He's
Speaker 1: been on Odd Lots before, knows more about them than
Speaker 1: basically anyone else, alongside Bloomberg Markets Magazine editor Joel Weber.
Speaker 1: Together they're gonna be exploring their industry, how they're changing
Speaker 1: the world, all kinds of fascinating stuff. So check it out.
Speaker 1: Trillions the new podcast from Bloomberg. And here's a trailer
Speaker 1: for the show. Welcome to Trillions, a podcast about the
Speaker 1: exchange traded fund which probably know as the e t F.
Speaker 1: My name is Joel Wober and i'm Eric bel Shutis.
Speaker 1: I'm the editor of Bloomberg Markets Magazine, and I'm an
Speaker 1: analyst with Bloomberg Intelligence, and we're starting a podcast about
Speaker 1: e t f and how they become such a powerful
Speaker 1: investing tool. Wait, e t what come on, Joel? You
Speaker 1: know what an e t F is? An exchange traded fund.
Speaker 1: That's true. I know a little bit, but I don't
Speaker 1: know as much as you. Yeah. I basically spend every
Speaker 1: waking minute, thinking, writing, reading about e t f s.
Speaker 1: But the problem even for me is it's really easy
Speaker 1: to overcomplicate this stuff. So we're gonna keep things simple
Speaker 1: and at the same time we'll be able to give
Speaker 1: people who already use ETFs a few nuggets too. It
Speaker 1: will be a little bit like a Pixar movie. Kids
Speaker 1: Get something, Mom and Dad get something. Yeah, we want
Speaker 1: you to have a lot of useful information about e
Speaker 1: t f s, like how they work, how to pick them,
Speaker 1: how they can help you as an investor, and what
Speaker 1: to be wary of. And what makes this podcast unique
Speaker 1: is ever to try and make this topic that feels
Speaker 1: really daunting to the average investor a little bit more accessible. Yeah,
Speaker 1: this show will be something that a financial advisor might
Speaker 1: benefit from, but in a language that my mom can understand.
Speaker 1: The bottom line is that for many people, E t
Speaker 1: f s are like another planet, and Joel and I
Speaker 1: are going to be like your intergalactic tour guides. And
Speaker 1: to make this topic fun, we're going to use a
Speaker 1: little bit of everything underdisposal, some really cred guests, a
Speaker 1: lot of metaphors, a bit of humor, and probably way
Speaker 1: too many eighties references. Maybe some from the nineties as
Speaker 1: well and two thousand's, but not many. I'm also going
Speaker 1: to try and eat something on every show, why because
Speaker 1: that's sort of like what e t f s are
Speaker 1: doing in finance, eating everything. So look out for our
Speaker 1: first episode of this great new et F podcast on
Speaker 1: Novem