Eric Balchunas
👤 SpeakerAppearances Over Time
Podcast Appearances
That existed?
Yeah.
I know you listen to every episode of the show.
We had a guest on last week who is-
structurally like going to be long for the next 30 years, some of these software companies.
And that was his comment.
He said of the top 20 e-commerce companies in America, how many of them do you think were a new economy post-internet?
And how many do you think were old economy?
And I think 15 of the 20 largest e-commerce websites are run by companies like Target.
Yeah.
Like 15 of 20.
So that's what you're illustrating here.
We arrive at the same point.
Yeah.
Okay, it's a great point.
I'm curious what your thoughts are about...
gold, oil ETFs, they sort of had a great, gold had a great year last year.
Oil had a good start to the year leading up into the hostilities.
And now it seems like it's a no man's land.
When you show us the trillion and a half dollars coming into ETFs, a lot of it active, are these ETFs still attract, the commodities still attracting their fair share?