MI237: Are We In an Index Fund Bubble? w/ Eric Balchunas
The Intrinsic Value Podcast - The Investor’s Podcast Network
00:00
ETFs - What Are You Watching?
I think people just forget that active is driving the car. So if active likes energy stocks, energy is going to go up and that's going to make the market cap of energy stocks go up relative to tech. And so tech will start to decrease the weight and the S&P and energy will go up. The other thing that we are always watching is ESG. We're sort of bearish ESG ETFs that look to take over your core. It's just tough to dislodge a three basis point index fund. On the flip, we are bullish on ESG that is volatile. Like tan is just solar stocks. We think maybe ESG has a future as a compliment
Transcript
Play full episode
