Eric Balchunas
👤 SpeakerAppearances Over Time
Podcast Appearances
People are, you know what?
Cause you asked the question, you asked this question earlier about Bitcoin.
Why can't people just be both?
I have always said this.
Why can't someone say with 80% of my money, I want a low cost tax efficient index market cap weighted portfolio.
And then with 20%, I want to core and explore.
And I want to do other stuff that's not representative within the index.
And why do I have to be part of a tribe?
And most people, they're not even…
Most people are not even burdened with that question.
They just do whatever they want.
Who's paying attention?
This is yours.
So this illustrates this point, I think, pretty well.
What you're saying here is- Well, this is- This number, right?
Isn't that crazy?
This is not dollars.
This is number of funds.
This is just number of funds.
But what's crazy about this is there was literally no market for active ETFs as recently as 10, 11 years ago.