Downtown Josh Brown
👤 SpeakerAppearances Over Time
Podcast Appearances
Were they trading f***ing cheesesteaks?
Government bonds.
That was the big thing.
Stock market, though.
Civil War veterans?
How big is the SMH?
It's like over $60 billion or something like that.
Is it the most successful in those terms sector ETF in the market?
It's got to be.
Not sector, industry.
Because like sector is like XLK.
That's what I think.
When I think about – you guys have some of the most iconic –
I don't want to call them thematic because they're indexes, but you have GDX, SMH.
Every trader on earth knows what these things are.
And in the case of SMH, I almost think it's become shorthand for the sector.
Nobody talks about the socks anymore.
It's almost like talking about the KBW bank index, which nobody does.
It's an interesting point.
I don't know why equal weighting is so popular.