TLDR cover image

TLDR

The 10 Most Important Days for Investing

Jan 16, 2024
Devin Friedman, Sarah Rieger, Kyla Scanlon, and Matthew Karasz discuss the importance of a few key days for investing, the approval of spot Bitcoin ETFs, Boeing's financial struggles, public response to the Boeing debacle, Bill Ackman's controversial actions, and tips for avoiding panic selling.
22:23

Podcast summary created with Snipd AI

Quick takeaways

  • The SEC's approval of spot Bitcoin ETFs indicates a growing acceptance of cryptocurrency by institutional investors.
  • Boeing's reputation and financial performance suffered due to a series of problems with their 737 MAX planes, highlighting the importance of product quality and consumer trust.

Deep dives

Bitcoin ETFs Approved by SEC

The US Securities Exchange Commission (SEC) approved spot Bitcoin ETFs, allowing large institutional investors to easily access cryptocurrency as a portfolio diversifier. Canada has had spot Bitcoin ETFs since 2020, but the SEC had been cautious about approving them due to concerns over volatility and market manipulation. However, a hack of the SEC's Twitter account caused confusion as a false tweet claimed the ETFs had been approved. Eventually, the approval was granted, and the ETFs took in $4.3 billion on their first day.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode