Value Investing with Legends cover image

Jenny Wallace - Identifying Value at the Summit

Value Investing with Legends

CHAPTER

ETFs Are More Likely to Absorb a Shock

It's plausible that the structure of the ETFs will be able to sustain a shock. The other pieces of the market where there's a lot less liquidity in the individual holdings than there are may be where the fissures show up. Nobody can know. But I think what's clear as a investor is that there is an automatic bid for companies that are large and that dominate the indices. It's driven by capital flows, not by fundamentals.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner