Exploring ETFs

(00:01:47) - First Question - A summary of Jeremy’s paper he wrote with Professor Siegel

(00:04:31) - An explanation of how the S&P committee adds companies to their list 

(00:05:59) - A hypothesis on passive investing and its pros and cons for the S&P

(00:07:51) - What investors do when a company hits zero

(00:09:40) - The 7 market cap companies and how they impact the index  

(00:10:47) - A snapshot of WisdomTree and its business

(00:12:53) - The 2006 competing products and SEC’s resistance to ETFs  

(00:15:09) - How a create /redeem system works 

(00:18:06) - The definition of a simple ETF basket is

(00:18:53) - How banks avoid taxes when transferring equities

(00:20:16) - Jeremy’s strongest argument against ETFs

(00:21:58) - How authorized participants make money from ETFs  

(00:23:11) - The early push backs of ETFs 

(00:25:02) - Index rules and who can post performance

(00:27:17) - A breakdown of CRSP (Center for Research in Security Prices??)  

(00:27:45) - The pros of self indexing and capitalizing on the ETF market

(00:28:57) - The reason why fixed income ETFs haven't shared the similar growth of other ETFs

(00:30:46) - The bond market and its major flaws

(00:32:20) - Common themes of successful products

(00:36:51) - Similar themes of products that do not work out 

(00:38:41) - Where the Bitcoin ETF stands today 

(00:40:14) - Which ETF providers will have access the the Bitcoin ETF  

(00:43:18) - When the Bitcoin ETF might be available 

(00:43:33) - The likelihood of non-bank providers stepping in to provide Bitcoin ETFs

(00:44:22) - How providers find out and ETF has been approved

(00:44:54) - Jeremy’s most popular tweet is

(00:45:27) - Alternative data sets and why they are important  

(00:47:49) - The distribution of mortgages and how many people do not have them 

(00:49:45) - Professor Siegel's view on the market

(00:51:40) - Where Jeremy thinks we are in the cycle