Speaker 1: Welcome to Trillions, a podcast about the exchange traded fund
Speaker 1: which you probably know as the e t F. My
Speaker 1: name is Joel Wober and I'm Eric Alstis. I'm the
Speaker 1: editor of Bloomberg Markets magazine, and I'm an analyst with
Speaker 1: Bloomberg Intelligence, and we're starting a podcast about e t
Speaker 1: F and how they become such a powerful investing tool. Wait,
Speaker 1: e t what come on, Joel, You know what an
Speaker 1: e t F is? An exchange traded fund. That's true.
Speaker 1: I know a little bit, but I don't know as
Speaker 1: much as you. Yeah, I basically spend every waking minute, thinking, writing,
Speaker 1: reading about e t f s. But the problem even
Speaker 1: for me is it's really easy to over complicate this stuff.
Speaker 1: So we're gonna keep things simple and at the same
Speaker 1: time we'll be able to give people who already use
Speaker 1: ETFs a few nuggets too. It will be a little
Speaker 1: bit like a Pixar movie. Kids get something, Mom and
Speaker 1: Dad get something. Yeah, we want you to have a
Speaker 1: lot of useful information about e t f s, like
Speaker 1: how they work, how to pick them, how they can
Speaker 1: help you as an investor, and what to be wary of.
Speaker 1: And what makes this podcast unique is that We're going
Speaker 1: to try and make this topic that feels really daunting
Speaker 1: 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 underisposal, some really curate guess, a
Speaker 1: lot of metaphors of humor, and probably way too many
Speaker 1: eighties references. Maybe some from the nineties as well, and
Speaker 1: two thousand's but not many. I'm also going to try
Speaker 1: and eat something on every show, why because that's sort
Speaker 1: of like what e t f s are doing in finance,
Speaker 1: eating everything. So look out for our first episode of
Speaker 1: this great new et F podcast on Novem