Scott Phillips
speaker
2,470 appearances
3 recordings
2 series
first heard Jun 2022
last heard yesterday
Scott Phillips’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
And I don't know what that would be, but to your point, if the market shrinks and there's a private market something, something, something, or there's a you know, there's some other uh mechanism, investment opportunity, portfolio creation tool or um uh asset class or something else, then that would be the time.
And it may well be that we might go back to a managed fund structure which has ETFs plus access to private credit, private markets, property.
Th those options are are very possible.
By the way, that probably gets less on the stock.
market.
So they probably go full circle, right?
So
And 'cause that's the thing, the the exchange the difference between if you're asking what would make me walk away from ETFs as opposed to what would make me walk away from index funds.
The exchange bit is really the only difference between those two.
So the question really kind of goes full circle and I don't want to get too, you know, s philosophical about it.
If the exchange is the best place to transact for buyers and sellers, then the market, literally as in think about a a fruit and vegetable market or a you know, the market is just the place where people go to exchange those those ownership.
So if the if it's a private market or if private companies come through the stock markets, again they want to be where the buyers and sellers are, network effects, all that stuff that comes with it.
So does does the stock market
rather than just proportional ownership of individual companies.
Maybe.
again, it gets it gets a bit better at some point.
But my point is
The exchange traded fund does a job, which is low cost, diversified, all the things we know, right?
And they're great at that.
And I love it.
Showing 1541–1560 of 2,470 · page 78 of 124
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