Latest / #WisdomOfWomen Show / Investing in Women: A Path to Prosperity with Patricia Lizarraga
Transcript
- 0:00Welcome
- 0:00to
- 0:00the
- 0:01Wisdom
- 0:01of
- 0:01Women
- 0:02Show.
- 0:02We
- 0:03are
- 0:03dedicated
- 0:04to
- 0:04amplifying
- 0:06the
- 0:06voice
- 0:06and
- 0:07wisdom
- 0:07of
- 0:07women
- 0:08in
- 0:08business.
- 0:09A
- 0:09new
- 0:09model
- 0:10of
- 0:10leadership
- 0:10is
- 0:11emerging
- 0:11and
- 0:11we
- 0:11are
- 0:12here
- 0:12to
- 0:12amplify
- 0:13the
- 0:13voices
- 0:13of
- 0:14women
- 0:14leading
- 0:15the
- 0:15way.
- 0:16I
- 0:16am
- 0:16your
- 0:17host,
- 0:17Coco
- 0:18Sellman,
- 0:18five
- 0:18time
- 0:19founder,
- 0:19impact
- 0:19investor
- 0:20and
- 0:21creator
- 0:21of
- 0:22the
- 0:22Force
- 0:22for
- 0:22Good
- 0:23Business
- 0:23system.
- 0:24Thank
- 0:25you
- 0:25for
- 0:26joining
- 0:26us
- 0:27today
- 0:27as
- 0:27we
- 0:28illuminate
- 0:28the
- 0:29path
- 0:29to
- 0:30to
- 0:30unlocking
- 0:31opportunities
- 0:32and
- 0:32prosperity
- 0:33for
- 0:33women
- 0:34led
- 0:34enterprises
- 0:34by
- 0:35amplifying
- 0:36the
- 0:36voice
- 0:37and
- 0:37wisdom
- 0:38of
- 0:38women.
- 0:39Today
- 0:40we
- 0:40have
- 0:41a
- 0:42total
- 0:42trailblazer,
- 0:44a
- 0:44advocate
- 0:45for
- 0:45women,
- 0:46a
- 0:47responsible
- 0:48strategic
- 0:49investor.
- 0:50With
- 0:51us
- 0:51we
- 0:52have
- 0:52Patricia
- 0:54Lazarraga.
- 0:55A
- 0:55trailblazing
- 0:56investor,
- 0:57entrepreneur
- 0:58and
- 0:58board
- 0:58leader
- 0:58with
- 0:59over
- 0:5930
- 0:59years
- 0:59of
- 1:00wall
- 1:00street
- 1:00experience.
- 1:01Dedic
- 1:01to
- 1:02advancing
- 1:03women
- 1:03in
- 1:04leadership.
- 1:05As
- 1:05the
- 1:06managing
- 1:06partner
- 1:07of
- 1:07Hypatia
- 1:08Capital,
- 1:09she
- 1:09leads
- 1:10Hypatia
- 1:11Women
- 1:11CEO
- 1:12etf.
- 1:13So
- 1:14this
- 1:14is
- 1:14a
- 1:15ticker
- 1:16symbol
- 1:16WCEO
- 1:17that
- 1:18you
- 1:18can
- 1:18buy
- 1:19today.
- 1:20It's
- 1:20a
- 1:20groundbreaking
- 1:21investment
- 1:22vehicle
- 1:23that
- 1:24supports
- 1:24and
- 1:25scales
- 1:25public
- 1:26companies
- 1:26led
- 1:27by
- 1:27female
- 1:28CEOs.
- 1:29A
- 1:29seasoned
- 1:30financial
- 1:30expert
- 1:31and
- 1:31board
- 1:31member,
- 1:32Patricia
- 1:32has
- 1:33chaired
- 1:33audit
- 1:33committees,
- 1:34served
- 1:34on
- 1:34SEC
- 1:35financial
- 1:35expert
- 1:37ensuring
- 1:37corporate
- 1:38governance
- 1:38excellence
- 1:39at
- 1:39the
- 1:39highest
- 1:39levels.
- 1:40With
- 1:40degrees
- 1:41from
- 1:41Yale
- 1:41and
- 1:41Harvard,
- 1:42Patricia
- 1:43is
- 1:43a
- 1:43powerful
- 1:44advocate
- 1:45for
- 1:45women
- 1:45led
- 1:46businesses
- 1:46reshaping
- 1:47the
- 1:48investment
- 1:49landscape.
- 1:50Yes.
- 1:50To
- 1:50ensure
- 1:51women
- 1:51leaders
- 1:52thrive
- 1:52in
- 1:53both
- 1:53private
- 1:54and
- 1:54public
- 1:55relations
- 1:55markets.
- 1:57Welcome
- 1:57Patricia.
- 1:59Thank
- 1:59you,
- 2:00Coco.
- 2:00It's
- 2:00such
- 2:00a
- 2:01pleasure
- 2:01to
- 2:01be
- 2:01here.
- 2:02And
- 2:02I
- 2:02love
- 2:03what
- 2:03you're
- 2:03doing,
- 2:03showing
- 2:04this
- 2:04new
- 2:04face
- 2:04of
- 2:04leadership.
- 2:06So
- 2:06important.
- 2:07We
- 2:07all
- 2:08need
- 2:08to
- 2:08see
- 2:08each
- 2:09other
- 2:09and
- 2:10hear
- 2:10each
- 2:10other
- 2:10and
- 2:11then
- 2:11go
- 2:11out
- 2:11in
- 2:11the
- 2:11world
- 2:12and
- 2:12be
- 2:12more
- 2:12of
- 2:13ourselves.
- 2:14What
- 2:14is
- 2:15a
- 2:16book
- 2:16written
- 2:17by
- 2:17a
- 2:17woman
- 2:18that
- 2:19has
- 2:20significantly
- 2:21influenced
- 2:21your
- 2:22life?
- 2:24I
- 2:24think,
- 2:24you
- 2:24know,
- 2:25there's,
- 2:25there's
- 2:26so
- 2:27many
- 2:27books
- 2:27one
- 2:27can
- 2:28think
- 2:28of.
- 2:28But
- 2:28an
- 2:29author
- 2:29that
- 2:29I
- 2:29love
- 2:30reading
- 2:30and
- 2:30rereading
- 2:31for
- 2:31so
- 2:31many
- 2:32reasons
- 2:32is
- 2:33Edith
- 2:33Wharton.
- 2:34She
- 2:34was
- 2:34able
- 2:35to
- 2:35translate
- 2:36both
- 2:37kind
- 2:37of
- 2:37the
- 2:38ethos
- 2:38of
- 2:38the
- 2:38time,
- 2:39but
- 2:39also
- 2:39the
- 2:39angst
- 2:40of
- 2:40women.
- 2:40If
- 2:40you.
- 2:40It's
- 2:41not
- 2:41one
- 2:41of
- 2:41her
- 2:42books,
- 2:42but
- 2:42if
- 2:42you
- 2:42read
- 2:43different
- 2:43books,
- 2:44whether
- 2:44it's
- 2:44custom
- 2:44of
- 2:44the
- 2:45country,
- 2:45the
- 2:45one
- 2:46that
- 2:46most
- 2:46people
- 2:46read
- 2:47is
- 2:47Age
- 2:47of
- 2:47Innocence
- 2:48or
- 2:48Ethan
- 2:49Fromm.
- 2:49And
- 2:49you
- 2:49start
- 2:50seeing
- 2:50her
- 2:51just
- 2:51show
- 2:51a
- 2:51lot
- 2:51of
- 2:52different
- 2:52female
- 2:52perspectives
- 2:53of
- 2:53what
- 2:53it
- 2:54was
- 2:54like
- 2:54to
- 2:54live
- 2:55in
- 2:55New
- 2:55York
- 2:56at
- 2:56that
- 2:56time.
- 2:57I
- 2:57just
- 2:57tremendously
- 2:58enjoyed
- 2:58it.
- 2:59Her
- 2:59command
- 2:59of
- 2:59language
- 3:00is
- 3:00so
- 3:00beautiful
- 3:01and
- 3:01it's
- 3:01something
- 3:01that
- 3:01I
- 3:02couldn't
- 3:02do.
- 3:02So
- 3:03I
- 3:03always
- 3:03love
- 3:03going
- 3:04back
- 3:04to
- 3:04that
- 3:04part
- 3:05of
- 3:05the
- 3:05library.
- 3:05And
- 3:05it's
- 3:05interesting.
- 3:06She
- 3:06was
- 3:06actually
- 3:06a
- 3:07interior
- 3:07decorator
- 3:08before
- 3:08she
- 3:09was,
- 3:09before
- 3:10she
- 3:10was
- 3:11an
- 3:12author.
- 3:12I
- 3:12also
- 3:13went
- 3:14back
- 3:14and
- 3:14wrote
- 3:14that
- 3:15Book
- 3:15the
- 3:15Decoration
- 3:16of
- 3:16Houses,
- 3:16which
- 3:17is
- 3:17so
- 3:18beautifully
- 3:18written,
- 3:19kind
- 3:19of
- 3:19a
- 3:19history
- 3:19lesson.
- 3:20So
- 3:21that's
- 3:21something
- 3:21I
- 3:21enjoy
- 3:22outside
- 3:22of
- 3:23the,
- 3:23outside
- 3:23of
- 3:24the
- 3:24investing
- 3:24and
- 3:25economic
- 3:25sphere.
- 3:26Oh,
- 3:26I
- 3:26love
- 3:27that.
- 3:27You
- 3:27know,
- 3:28and
- 3:28the
- 3:28voice
- 3:29of
- 3:29women
- 3:30in
- 3:30literature,
- 3:31Edith
- 3:32Wharton
- 3:32in
- 3:32particular,
- 3:33describes
- 3:34the
- 3:34circumstances
- 3:36and
- 3:36challenges
- 3:37of
- 3:37women
- 3:38and
- 3:38how
- 3:39those
- 3:40same
- 3:40challenges
- 3:42still
- 3:43exist
- 3:44and
- 3:44how
- 3:45it's
- 3:45shaped
- 3:45us
- 3:46and
- 3:46shaped
- 3:46us
- 3:47in
- 3:47the
- 3:47culture
- 3:48and
- 3:48I
- 3:48think
- 3:49made
- 3:49us
- 3:50even
- 3:51stronger,
- 3:51more
- 3:52resilient,
- 3:53more
- 3:53emotionally
- 3:55intuitive
- 3:56and
- 3:56intelligent
- 3:58so
- 3:58that
- 3:58we
- 3:58can
- 3:59be
- 3:59great
- 4:00leaders,
- 4:01mothers,
- 4:01friends,
- 4:02advocates.
- 4:03I
- 4:03do
- 4:04think
- 4:04it's
- 4:04wonderful.
- 4:05I'm
- 4:05going
- 4:05to
- 4:05go
- 4:05back
- 4:05and
- 4:06read
- 4:06more
- 4:06Edith
- 4:07Wharton
- 4:07because
- 4:07I
- 4:08haven't
- 4:08read
- 4:08her
- 4:08since
- 4:09college.
- 4:09So
- 4:10tell
- 4:10me
- 4:10about
- 4:11you
- 4:12and
- 4:12your
- 4:13commitment
- 4:13to
- 4:15getting
- 4:15more
- 4:16focused
- 4:16on
- 4:16investments
- 4:17in
- 4:17women.
- 4:18Why
- 4:18is
- 4:19investing
- 4:20in
- 4:21women
- 4:21a
- 4:22winning
- 4:22strategy?
- 4:24Sure,
- 4:25if
- 4:25you
- 4:25go
- 4:25back
- 4:25a
- 4:26little
- 4:26bit
- 4:26into
- 4:26the
- 4:26story
- 4:27of
- 4:27how
- 4:27I
- 4:28ended
- 4:28up
- 4:29launching
- 4:29the
- 4:29WCO
- 4:30etf.
- 4:31And
- 4:31what
- 4:31it
- 4:31does
- 4:32is
- 4:32it
- 4:32invests
- 4:33in
- 4:33all
- 4:34American
- 4:34public
- 4:35companies
- 4:35that
- 4:36are
- 4:36at
- 4:36least
- 4:36500
- 4:37million
- 4:37market
- 4:38caps.
- 4:38These
- 4:38are
- 4:38sizable
- 4:39enterprises
- 4:41that
- 4:41have
- 4:41a
- 4:41woman
- 4:42CEO.
- 4:43Why
- 4:44do
- 4:44we
- 4:44do
- 4:44that?
- 4:45The
- 4:45first
- 4:46reason
- 4:46is
- 4:46because
- 4:47we
- 4:47have
- 4:47an
- 4:47investment
- 4:48thesis.
- 4:48We
- 4:49are
- 4:49an
- 4:49investment
- 4:49firm
- 4:50and
- 4:50our
- 4:50investment
- 4:50thesis
- 4:51is
- 4:51that
- 4:51women
- 4:52CEOs
- 4:52will
- 4:52outperform.
- 4:54Why
- 4:55will
- 4:55they
- 4:55outperform?
- 4:56Because
- 4:57it's
- 4:57harder
- 4:57for
- 4:58women
- 4:58to
- 4:58get
- 4:58to
- 4:58the
- 4:59top.
- 4:59Last
- 5:00night
- 5:00somebody
- 5:00called
- 5:01it
- 5:01the
- 5:01survival
- 5:02of
- 5:02the
- 5:02fittest.
- 5:03I
- 5:03never
- 5:04used
- 5:04that
- 5:04term,
- 5:05but
- 5:05I
- 5:05thought
- 5:05it
- 5:05was
- 5:05interesting
- 5:06that
- 5:07on
- 5:08some
- 5:08level
- 5:08women
- 5:09CEOs
- 5:09are
- 5:09the
- 5:10ultimate
- 5:10Darwinian
- 5:11business
- 5:12person
- 5:12because
- 5:13you
- 5:13really
- 5:13have
- 5:13to
- 5:14have
- 5:14all
- 5:15the
- 5:15qualities
- 5:16to
- 5:16survive
- 5:16and
- 5:17make
- 5:17it
- 5:17to
- 5:17the
- 5:17top.
- 5:17So.
- 5:18So
- 5:18by
- 5:19definition,
- 5:19if
- 5:20women
- 5:20are
- 5:20a
- 5:20small
- 5:21percent
- 5:21of
- 5:21CEOs
- 5:22then
- 5:23the
- 5:23ones
- 5:23that
- 5:23have
- 5:23made
- 5:23it
- 5:24are
- 5:24extraordinary.
- 5:25So
- 5:25the
- 5:25question
- 5:26is,
- 5:26can
- 5:27we
- 5:27invest
- 5:29in
- 5:29that
- 5:30factor?
- 5:30It
- 5:31took
- 5:31us
- 5:31years
- 5:32to
- 5:32figure
- 5:32out
- 5:33how
- 5:34to
- 5:34deliver
- 5:35that
- 5:35female
- 5:36factor.
- 5:37Right.
- 5:37How
- 5:38do
- 5:38you
- 5:38know
- 5:38you're
- 5:38not
- 5:39investing
- 5:39in
- 5:39small
- 5:40companies
- 5:40or
- 5:41you're
- 5:41not
- 5:41investing
- 5:41in
- 5:42biotech
- 5:42companies?
- 5:43We
- 5:43have
- 5:4318
- 5:43biotech
- 5:44companies
- 5:44in
- 5:45our
- 5:45holdings.
- 5:45There
- 5:46are
- 5:46175
- 5:48public
- 5:49companies
- 5:49in
- 5:50the
- 5:50US
- 5:50that
- 5:50are
- 5:51led
- 5:51by
- 5:52women
- 5:52CEOs
- 5:52and
- 5:53have
- 5:53a
- 5:53500
- 5:53million
- 5:54dollar
- 5:54market
- 5:54cap.
- 5:54And
- 5:54of
- 5:55those
- 5:55175,
- 5:5518
- 5:56are
- 5:56biotech.
- 5:58So
- 5:58if
- 5:59we
- 5:59didn't
- 6:00adjust
- 6:00for.
- 6:01And
- 6:01there
- 6:01is
- 6:02not
- 6:02a
- 6:02women
- 6:03CEO
- 6:04in
- 6:04the
- 6:04United
- 6:05States
- 6:05until
- 6:05you
- 6:05get
- 6:06to
- 6:06company
- 6:06number
- 6:0726
- 6:07by
- 6:08market
- 6:08cap,
- 6:09the
- 6:0925
- 6:10largest
- 6:11companies
- 6:11in
- 6:11the
- 6:11United
- 6:11States
- 6:12are
- 6:12100%
- 6:13led
- 6:13by
- 6:13men.
- 6:15So
- 6:15we
- 6:15had
- 6:15to
- 6:16figure
- 6:16out
- 6:16how
- 6:16to
- 6:16adjust
- 6:17for
- 6:17those
- 6:18factors
- 6:18to
- 6:19deliver
- 6:19the
- 6:19female
- 6:20factor.
- 6:20But
- 6:20we
- 6:20did.
- 6:21We
- 6:21got
- 6:21it.
- 6:21We
- 6:22believe
- 6:23that
- 6:23women
- 6:23CEOs
- 6:24will
- 6:25outperform
- 6:26and
- 6:27we
- 6:27tried
- 6:27to
- 6:27create
- 6:28a
- 6:28vehicle
- 6:28that
- 6:28would
- 6:29deliver
- 6:29that
- 6:29performance
- 6:30but
- 6:31also
- 6:32be
- 6:32available
- 6:33to
- 6:33everybody.
- 6:34I,
- 6:35Patricia
- 6:35Zarga,
- 6:36have
- 6:36been
- 6:36investing
- 6:37in
- 6:37women
- 6:37in
- 6:37leadership
- 6:38since
- 6:38I
- 6:38figured
- 6:39out
- 6:39it
- 6:39was
- 6:40possible.
- 6:40And
- 6:41I
- 6:41started
- 6:41with
- 6:42Golden
- 6:42Seeds
- 6:43right
- 6:43in
- 6:43New
- 6:44York
- 6:44City,
- 6:44but
- 6:45I
- 6:45also
- 6:45invested
- 6:46in
- 6:46portfolio.
- 6:47And
- 6:47I
- 6:47am
- 6:47very
- 6:48close
- 6:48to
- 6:48Julie
- 6:48Castro
- 6:49Abrams
- 6:49and
- 6:50how
- 6:50women
- 6:50invest.
- 6:50And
- 6:51I
- 6:51think
- 6:51these
- 6:51are
- 6:51the
- 6:52three
- 6:52largest,
- 6:53most
- 6:53well
- 6:54known
- 6:54funds
- 6:55for
- 6:55investing
- 6:56in
- 6:56women
- 6:57entrepreneurs.
- 6:57Although
- 6:58there
- 6:58are
- 6:59250
- 7:00funds
- 7:01investing
- 7:01in
- 7:01women
- 7:01in
- 7:02venture
- 7:02capital.
- 7:02I'm
- 7:03a
- 7:03big
- 7:03fan
- 7:03of
- 7:04Female
- 7:04Founders
- 7:05Fund
- 7:05and
- 7:05there's
- 7:06a
- 7:06lot
- 7:06of
- 7:06people
- 7:07to
- 7:07celebrate.
- 7:07But
- 7:07these
- 7:08are
- 7:08the
- 7:08three
- 7:08that
- 7:08are
- 7:09more
- 7:09retail
- 7:09oriented.
- 7:10And
- 7:10so
- 7:11I
- 7:11invested
- 7:11in
- 7:11two
- 7:11of
- 7:12them
- 7:12and
- 7:12looking
- 7:12at
- 7:12the
- 7:12third
- 7:13one.
- 7:13But
- 7:13the
- 7:13thing
- 7:13is
- 7:13you
- 7:14have
- 7:14to
- 7:14be
- 7:14an
- 7:14accredited
- 7:15investor
- 7:15to
- 7:16do
- 7:16that.
- 7:16You
- 7:16have
- 7:16to
- 7:17be
- 7:17worth
- 7:17at
- 7:17least
- 7:18a
- 7:18million
- 7:18dollars.
- 7:19Well,
- 7:20what
- 7:20about
- 7:20the
- 7:2122
- 7:21year
- 7:21old
- 7:22who
- 7:22just
- 7:22got
- 7:22her
- 7:23first
- 7:23paycheck
- 7:24and
- 7:24says,
- 7:25wait,
- 7:25I
- 7:25want
- 7:25to
- 7:26invest
- 7:26in
- 7:26women?
- 7:27What
- 7:27can
- 7:27she
- 7:28do?
- 7:28The
- 7:29one
- 7:29thing
- 7:29she
- 7:29can
- 7:29do
- 7:30and
- 7:30actually
- 7:30the
- 7:30only
- 7:31thing
- 7:31she
- 7:31can
- 7:31do
- 7:31is
- 7:32invest
- 7:32in
- 7:32WCO
- 7:33etf.
- 7:34We
- 7:34wanted
- 7:35to
- 7:35do
- 7:35was
- 7:35democratize
- 7:38investing
- 7:38in
- 7:38women.
- 7:39And
- 7:40so
- 7:40that
- 7:40every
- 7:41person,
- 7:41even
- 7:41with
- 7:42$30,
- 7:43it's
- 7:43around
- 7:43$30
- 7:44today,
- 7:45and
- 7:46that'll
- 7:46fluctuate
- 7:47and
- 7:47past,
- 7:48you
- 7:48know,
- 7:48performance
- 7:49is
- 7:49no
- 7:49indication
- 7:50of
- 7:50future
- 7:50performance.
- 7:51But
- 7:52with
- 7:52approximately
- 7:53$30,
- 7:54you
- 7:55are
- 7:55investing
- 7:5720
- 7:57cents
- 7:58in
- 7:59every
- 7:59company
- 7:59in
- 8:00the
- 8:00United
- 8:00States
- 8:00that
- 8:00has
- 8:01a
- 8:01female
- 8:01CEO
- 8:02that's
- 8:02large
- 8:02and
- 8:02steady.
- 8:03So
- 8:03that
- 8:03was
- 8:04the
- 8:04idea,
- 8:04to
- 8:04make
- 8:05it
- 8:05available
- 8:05to
- 8:06everybody.
- 8:06And
- 8:07therefore
- 8:07we
- 8:07created
- 8:08what's
- 8:08called
- 8:08an
- 8:08etf.
- 8:09And
- 8:10an
- 8:10ETF
- 8:10has
- 8:11complete
- 8:11liquidity.
- 8:12Let's
- 8:12say
- 8:12you're
- 8:13a
- 8:13young
- 8:13woman
- 8:13investing
- 8:14in
- 8:14her
- 8:14401k
- 8:15through
- 8:15her
- 8:16company.
- 8:16Right.
- 8:17And
- 8:17that's
- 8:17by
- 8:17definition
- 8:1895%
- 8:19men
- 8:19CEOs.
- 8:20But
- 8:21the
- 8:21company's
- 8:21matching
- 8:22it,
- 8:22so
- 8:22it's
- 8:22really
- 8:23smart.
- 8:23But
- 8:23what
- 8:24if
- 8:24she
- 8:24wants
- 8:24to
- 8:24invest
- 8:25in
- 8:25women?
- 8:25Well,
- 8:26she
- 8:26can
- 8:26go
- 8:26to
- 8:27SoFi,
- 8:27open
- 8:27up
- 8:28a
- 8:28Roth
- 8:28IRA
- 8:29and
- 8:29put,
- 8:30you
- 8:30know,
- 8:30her
- 8:31extra
- 8:31cash
- 8:32in
- 8:32there
- 8:32and
- 8:32invest
- 8:33100%
- 8:33in
- 8:33women,
- 8:35$100
- 8:36at
- 8:36a
- 8:36time
- 8:36before
- 8:37we
- 8:37launched
- 8:37it.
- 8:37That
- 8:38was
- 8:38absolutely
- 8:38impossible.
- 8:40It
- 8:40was
- 8:40absolutely
- 8:41impossible.
- 8:41Right.
- 8:42This
- 8:42is
- 8:42the
- 8:42only,
- 8:43this
- 8:43is
- 8:43the
- 8:44only
- 8:44vehicle
- 8:44like
- 8:44this
- 8:45that
- 8:45I
- 8:45am
- 8:45aware
- 8:46of.
- 8:46And
- 8:46you're
- 8:46right,
- 8:47it's
- 8:47there.
- 8:48The
- 8:48other
- 8:48opportunities
- 8:49are
- 8:49for
- 8:49accredited
- 8:50investors.
- 8:50And
- 8:51you
- 8:51know,
- 8:51as
- 8:51you're
- 8:52starting,
- 8:52this
- 8:52is
- 8:53just
- 8:53available
- 8:53for
- 8:53everyone
- 8:54and
- 8:55such
- 8:55a
- 8:55wonderful
- 8:55way.
- 8:56I
- 8:56remember
- 8:56when
- 8:57I
- 8:57first
- 8:57learned
- 8:57about
- 8:58Hypatia
- 8:58Capital
- 8:59and
- 8:59I
- 8:59learned
- 8:59about
- 8:59it
- 8:59through
- 9:00Julie
- 9:00Castro
- 9:00Abrams,
- 9:01and
- 9:02I
- 9:02just
- 9:02went
- 9:03straight
- 9:03and
- 9:04bought
- 9:05it.
- 9:05Just
- 9:06made
- 9:06nothing
- 9:06but
- 9:07sense.
- 9:07I
- 9:07mean
- 9:07it's
- 9:08we're,
- 9:08most
- 9:09of
- 9:09us
- 9:09are
- 9:09invested
- 9:10in
- 9:11all
- 9:11kinds
- 9:12of
- 9:13equities
- 9:13and
- 9:14other
- 9:14funds.
- 9:14You've
- 9:15got
- 9:15your
- 9:15money
- 9:15invested
- 9:16somewhere.
- 9:16Why
- 9:17wouldn't
- 9:17you
- 9:17invest
- 9:18in
- 9:18this?
- 9:19And
- 9:19it's,
- 9:20it's
- 9:21like
- 9:21you
- 9:21said,
- 9:2130
- 9:22to
- 9:22$34
- 9:23a
- 9:23share
- 9:23depending
- 9:24on
- 9:24when
- 9:24you
- 9:24buy
- 9:24it.
- 9:25It's
- 9:25going
- 9:25to
- 9:25grow
- 9:26and
- 9:26it's
- 9:27such
- 9:27a
- 9:27wonderful
- 9:27thing.
- 9:28I
- 9:28just
- 9:29want
- 9:29to
- 9:29make
- 9:29sure
- 9:30like
- 9:30right
- 9:30from
- 9:30the
- 9:30beginning
- 9:31people
- 9:31understand
- 9:32how
- 9:32to
- 9:33get
- 9:33access
- 9:33to
- 9:34it.
- 9:34What
- 9:35do
- 9:35you
- 9:35recommend?
- 9:36If
- 9:36you
- 9:36don't
- 9:37have
- 9:37a
- 9:37brokerage
- 9:38account,
- 9:38it's
- 9:39very
- 9:39easy
- 9:39to
- 9:40open
- 9:40one.
- 9:40It
- 9:40takes
- 9:41about
- 9:41half
- 9:41an
- 9:41hour.
- 9:42We
- 9:42love
- 9:43all,
- 9:43you
- 9:43know,
- 9:44all
- 9:44of
- 9:44them.
- 9:44We
- 9:44love
- 9:45Sofi
- 9:45because
- 9:46they,
- 9:46you
- 9:46know,
- 9:47have
- 9:47been
- 9:47very
- 9:48support
- 9:48with
- 9:49an
- 9:49initiative
- 9:49that
- 9:50we
- 9:50have
- 9:50called
- 9:50the
- 9:50Hypatian
- 9:51Festival
- 9:51on.
- 9:52But
- 9:52you
- 9:52can
- 9:52go
- 9:52to
- 9:52Schwab,
- 9:53Robinhood,
- 9:53Sofi,
- 9:54Fidelity,
- 9:55and
- 9:55it's
- 9:55available.
- 9:56You
- 9:56just
- 9:56put
- 9:56in
- 9:56the
- 9:56ticker
- 9:57W
- 9:57C
- 9:58E
- 9:58O
- 9:58etf
- 9:59and
- 9:59depending
- 10:00on
- 10:00how
- 10:00much
- 10:01you're
- 10:01buying,
- 10:01maybe,
- 10:02you
- 10:02know,
- 10:02put
- 10:02it
- 10:02in
- 10:02with
- 10:03a
- 10:03limit
- 10:03trade
- 10:04so
- 10:04you
- 10:04get
- 10:04good
- 10:05execution
- 10:05and
- 10:06it's
- 10:06in
- 10:07your
- 10:07portfolio.
- 10:07The
- 10:08good
- 10:08thing
- 10:08is
- 10:08if
- 10:08you
- 10:08need
- 10:09your
- 10:09money
- 10:09back,
- 10:10you
- 10:10can
- 10:10sell
- 10:11it
- 10:11in
- 10:11five
- 10:11minutes
- 10:12and
- 10:12get
- 10:12the
- 10:12money
- 10:12back
- 10:13the
- 10:13next
- 10:13day.
- 10:14That's
- 10:14important
- 10:14for
- 10:15initial
- 10:16investors.
- 10:17If
- 10:17you're
- 10:17looking
- 10:17at
- 10:18it
- 10:18in
- 10:18a
- 10:18portfolio
- 10:19basis,
- 10:19we
- 10:20can
- 10:20talk
- 10:20about
- 10:20that
- 10:21as
- 10:21well.
- 10:21Where
- 10:21does
- 10:22it
- 10:22fit
- 10:22in
- 10:22somebody's
- 10:23portfolio?
- 10:23Then
- 10:24we
- 10:24get
- 10:24into
- 10:25the
- 10:25design
- 10:25of
- 10:25the
- 10:25product.
- 10:26As
- 10:26I
- 10:26mentioned
- 10:27earlier,
- 10:28there
- 10:29is
- 10:29not
- 10:29a
- 10:29female
- 10:30CEO
- 10:30until
- 10:30you
- 10:30get
- 10:30to
- 10:31company
- 10:31number
- 10:3126
- 10:32in
- 10:32the
- 10:32United
- 10:33States.
- 10:33So
- 10:33one
- 10:33of
- 10:33the
- 10:34things
- 10:34we
- 10:34had
- 10:34to
- 10:35do
- 10:35to
- 10:35deliver
- 10:35the
- 10:36female
- 10:36factor
- 10:37and
- 10:38remove
- 10:38size
- 10:39as
- 10:39a
- 10:39factor
- 10:39is
- 10:40make
- 10:40it
- 10:40equally
- 10:40weighted.
- 10:41What
- 10:41does
- 10:42that
- 10:42mean?
- 10:42One
- 10:42of
- 10:42our
- 10:43biggest
- 10:43companies
- 10:43like
- 10:44Oracle,
- 10:45right.
- 10:46So
- 10:46Oracle,
- 10:47you
- 10:47probably
- 10:47use
- 10:48their
- 10:48products
- 10:49at
- 10:49work,
- 10:50has
- 10:50a
- 10:50female
- 10:50CEO,
- 10:51Sapphire
- 10:51Cats
- 10:51and
- 10:52it's,
- 10:52you
- 10:52know,
- 10:52couple
- 10:53hundred
- 10:53billion
- 10:53in
- 10:53market
- 10:54cap
- 10:55gets
- 10:55the
- 10:55same
- 10:56weighting
- 10:56as
- 10:56our
- 10:57smallest
- 10:57IT
- 10:58stock.
- 10:59Right.
- 10:59You'll
- 11:00get
- 11:00as
- 11:00much
- 11:00of
- 11:00Oracle
- 11:01as
- 11:01you
- 11:01get
- 11:02of
- 11:02a
- 11:02small
- 11:02IT
- 11:03company
- 11:03in
- 11:03our
- 11:04portfolio
- 11:04and
- 11:05therefore
- 11:05we
- 11:05eliminate
- 11:06size.
- 11:07That's
- 11:07great.
- 11:08Eliminate
- 11:09size
- 11:09as
- 11:09a
- 11:09factor
- 11:10are
- 11:11for
- 11:12comparison
- 11:12purposes
- 11:13we
- 11:14are
- 11:14considered
- 11:15a
- 11:15small
- 11:15cap
- 11:16stock.
- 11:17Morningstar
- 11:18puts
- 11:18us
- 11:18in
- 11:18the
- 11:18US
- 11:19small
- 11:19cap
- 11:19lend
- 11:20category
- 11:21and
- 11:21that's
- 11:21fine.
- 11:22We
- 11:22don't
- 11:22just
- 11:22invest
- 11:23in
- 11:23small
- 11:23cap.
- 11:23We're
- 11:24actually
- 11:24equally
- 11:24invested
- 11:25in
- 11:25small,
- 11:25medium
- 11:26and
- 11:26large
- 11:26cap.
- 11:28But
- 11:28because
- 11:28of
- 11:29our
- 11:29methodology,
- 11:30we
- 11:30correlate
- 11:31closest
- 11:31to
- 11:31the
- 11:32small
- 11:32cap.
- 11:32So
- 11:32that's
- 11:33where
- 11:33if
- 11:33you
- 11:33want
- 11:34to
- 11:34make
- 11:34sure
- 11:34that
- 11:34it's
- 11:35outperforming
- 11:36where
- 11:36it
- 11:36should
- 11:37in
- 11:37your
- 11:37portfolio,
- 11:38you
- 11:38want
- 11:38to
- 11:38put
- 11:38it
- 11:38in
- 11:39your
- 11:39small
- 11:39cap
- 11:39allocation
- 11:40depending
- 11:41on
- 11:41your
- 11:41asset
- 11:42allocation.
- 11:43Most
- 11:43investors
- 11:44will
- 11:44have
- 11:44in
- 11:44their
- 11:45equities
- 11:45US
- 11:46large
- 11:46cap,
- 11:46US
- 11:47medium
- 11:47cap,
- 11:47US
- 11:48small
- 11:48cap.
- 11:49And
- 11:49that's
- 11:49where
- 11:49you
- 11:50would
- 11:50put
- 11:50it,
- 11:50in
- 11:50the
- 11:50small
- 11:51cap.
- 11:51And
- 11:51in
- 11:52any
- 11:52case,
- 11:52you
- 11:52know,
- 11:52we
- 11:53aren't
- 11:53recommending
- 11:53anybody
- 11:54put
- 11:54more
- 11:54than
- 11:542
- 11:55or
- 11:553%
- 11:55of
- 11:55their
- 11:56portfolio
- 11:57over
- 11:57time
- 11:57into
- 11:58this.
- 11:58But
- 11:58depending
- 11:59on
- 11:59your
- 11:59portfolio,
- 12:00that
- 12:00can
- 12:00be
- 12:00a
- 12:00pretty
- 12:00large
- 12:01number.
- 12:02Exactly.
- 12:02I
- 12:02have
- 12:03it
- 12:03set
- 12:03up
- 12:03so
- 12:03I'm
- 12:04buying
- 12:04a
- 12:04little
- 12:04every
- 12:05month.
- 12:05It
- 12:06makes
- 12:06me
- 12:06feel
- 12:06like
- 12:06I'm
- 12:07investing
- 12:07with
- 12:07my
- 12:08values.
- 12:09I
- 12:09also
- 12:09believe
- 12:10in
- 12:11the
- 12:11investment
- 12:12thesis
- 12:13that
- 12:13women
- 12:14CEOs
- 12:15and
- 12:15leaders
- 12:15outperform
- 12:16their
- 12:17male
- 12:17counterparts.
- 12:18I
- 12:18do
- 12:18believe
- 12:18that.
- 12:19So
- 12:21tell
- 12:21us
- 12:21some
- 12:22of
- 12:22the
- 12:23misconceptions
- 12:24you
- 12:24face
- 12:25when
- 12:25talking
- 12:26about
- 12:26investing
- 12:26in
- 12:26women
- 12:27led
- 12:27companies
- 12:28and
- 12:28how
- 12:28you
- 12:29use
- 12:30numbers
- 12:30to
- 12:30prove
- 12:30it
- 12:31otherwise.
- 12:31Sure.
- 12:32We
- 12:32do
- 12:32get
- 12:33feedback
- 12:33from
- 12:34financial
- 12:34advisors
- 12:36that
- 12:36we,
- 12:36that
- 12:37women
- 12:37that
- 12:38want
- 12:38to
- 12:38invest
- 12:38with
- 12:38us
- 12:39take
- 12:39this
- 12:39to
- 12:40who
- 12:40are,
- 12:40you
- 12:40know,
- 12:41have
- 12:41large
- 12:41portfolios,
- 12:42take
- 12:42it
- 12:42to
- 12:42their
- 12:42financial
- 12:43advisors
- 12:43and
- 12:43the
- 12:44financial
- 12:44advisors
- 12:44give
- 12:44us
- 12:45feedback
- 12:45and
- 12:45have
- 12:45questions.
- 12:46A
- 12:47big
- 12:47myth
- 12:47is
- 12:48the
- 12:48liquidity.
- 12:49They
- 12:49say
- 12:51if
- 12:52you
- 12:52make
- 12:53a
- 12:53large
- 12:53allocation
- 12:55from
- 12:55your
- 12:55portfolio
- 12:56and
- 12:56then
- 12:56want
- 12:56to
- 12:56sell
- 12:57it,
- 12:57you
- 12:57won't
- 12:57be
- 12:58able
- 12:58to
- 12:58get
- 12:58out
- 12:58at
- 12:58a
- 12:58good
- 12:59price.
- 12:59That
- 12:59is
- 12:59the
- 12:59ultimate
- 13:00myth
- 13:00because
- 13:01the
- 13:01way
- 13:01ETFs
- 13:02are
- 13:02created
- 13:03is
- 13:04it's
- 13:04not
- 13:04a
- 13:05supply
- 13:05and
- 13:05demand,
- 13:06it's
- 13:06just
- 13:07if
- 13:07there's
- 13:07more
- 13:08demand,
- 13:08they
- 13:08make
- 13:09more
- 13:09product.
- 13:09If
- 13:10there's
- 13:11less
- 13:11demand,
- 13:12they
- 13:12unmake
- 13:12the
- 13:13product.
- 13:13Think
- 13:14of
- 13:14it
- 13:14as
- 13:14if
- 13:14you
- 13:15have,
- 13:15you
- 13:16know,
- 13:16you
- 13:16just,
- 13:16you
- 13:16just,
- 13:17you
- 13:18don't
- 13:18have
- 13:18to.
- 13:19There's
- 13:20not
- 13:20a
- 13:20limited
- 13:21amount
- 13:21of
- 13:21the
- 13:22etf.
- 13:22There
- 13:23is
- 13:23an
- 13:23unlimited
- 13:24amount
- 13:24of
- 13:24this
- 13:24etf
- 13:26as
- 13:26long
- 13:26as
- 13:26there's
- 13:27enough
- 13:27stock
- 13:28to
- 13:28buy.
- 13:29These
- 13:29are
- 13:29huge
- 13:30companies.
- 13:30We'd
- 13:31have
- 13:31to
- 13:31get
- 13:31to
- 13:31over
- 13:322
- 13:32billion
- 13:32dollar
- 13:33market
- 13:33cap
- 13:33to
- 13:34influence
- 13:35the
- 13:35stock
- 13:35of
- 13:35even
- 13:35our
- 13:36smallest
- 13:36holding.
- 13:36We
- 13:37own
- 13:3720,
- 13:38$30,000
- 13:38of
- 13:38each
- 13:39of
- 13:39these
- 13:39companies.
- 13:40So
- 13:40the
- 13:40liquidity
- 13:41is
- 13:41not
- 13:41an
- 13:41issue.
- 13:42The
- 13:43second
- 13:43thing
- 13:43we
- 13:43hear
- 13:44often
- 13:44is
- 13:45this
- 13:45is
- 13:45an
- 13:45unproved
- 13:46thesis.
- 13:48Right,
- 13:49because
- 13:49you've
- 13:49only
- 13:50been
- 13:50trading
- 13:50for
- 13:50two
- 13:51years.
- 13:53But
- 13:53we
- 13:53went
- 13:53back
- 13:54to
- 13:542018
- 13:56to
- 13:56look
- 13:56at
- 13:57the
- 13:57performance
- 13:57and
- 13:58we
- 13:58have
- 13:58over
- 13:58100
- 13:59basis
- 13:59points
- 14:00per
- 14:00year
- 14:01since
- 14:01inception
- 14:02with
- 14:02our
- 14:03algorithm.
- 14:04We
- 14:04couldn't
- 14:04go
- 14:05further
- 14:05back
- 14:05because
- 14:06there
- 14:06weren't
- 14:06enough
- 14:06women
- 14:07CEOs
- 14:07to
- 14:07make
- 14:07it
- 14:08statistically
- 14:08relevant.
- 14:09For
- 14:10as
- 14:10long
- 14:10as
- 14:10women
- 14:11have
- 14:11been
- 14:11CEOs,
- 14:13there
- 14:13has
- 14:13been
- 14:13outperformance.
- 14:15So,
- 14:16so,
- 14:17so
- 14:17we,
- 14:17you
- 14:17know,
- 14:18we,
- 14:18we
- 14:18really
- 14:19show
- 14:19them
- 14:19and
- 14:20we
- 14:20created
- 14:20an
- 14:20index.
- 14:21So
- 14:21we
- 14:21have
- 14:21what's
- 14:22called
- 14:22a
- 14:22Hypatia
- 14:22Women
- 14:23CEO
- 14:24Index
- 14:24and
- 14:24that
- 14:24goes
- 14:25back
- 14:25to
- 14:252018
- 14:26and
- 14:27then
- 14:27we
- 14:27have
- 14:27the
- 14:27actual
- 14:28ETF,
- 14:28which
- 14:29trades
- 14:29for
- 14:30two
- 14:30years
- 14:30since
- 14:31January
- 14:319th
- 14:31of
- 14:322023.
- 14:33So,
- 14:34so
- 14:34they're,
- 14:34they're,
- 14:35they're
- 14:35similar
- 14:38because
- 14:38the,
- 14:40they're
- 14:40both
- 14:41delivering
- 14:41the
- 14:41female
- 14:42factor.
- 14:42But
- 14:42the
- 14:43index
- 14:43has
- 14:43a
- 14:43longer
- 14:44track
- 14:44record
- 14:45because,
- 14:46because
- 14:46it
- 14:46was
- 14:47created
- 14:47with
- 14:47a
- 14:47back
- 14:48test
- 14:48with
- 14:49historical
- 14:49data.
- 14:51So,
- 14:51so
- 14:51when,
- 14:52so
- 14:52why
- 14:53is
- 14:53this?
- 14:53What
- 14:53are
- 14:53the
- 14:54things
- 14:54you're
- 14:54focused
- 14:55on?
- 14:55Certainly
- 14:55getting
- 14:56more
- 14:56access.
- 14:56We
- 14:57need
- 14:57to
- 14:57get
- 14:57more
- 14:58women
- 14:59to
- 14:59buy
- 15:00into
- 15:00this.
- 15:01This
- 15:01is
- 15:01the
- 15:01situation
- 15:02in
- 15:03the
- 15:03United
- 15:03States.
- 15:04The
- 15:05financial
- 15:05services
- 15:06sector
- 15:06is
- 15:06quite
- 15:07consolidated,
- 15:08right.
- 15:08To
- 15:08start
- 15:09an
- 15:09etf,
- 15:10it
- 15:10is
- 15:10very
- 15:10difficult.
- 15:11We
- 15:11are
- 15:11one
- 15:11of
- 15:11the
- 15:12very
- 15:12few
- 15:13independent
- 15:13issuers
- 15:14out
- 15:14there.
- 15:15Most
- 15:15of
- 15:15the
- 15:15wealth
- 15:16is
- 15:16managed
- 15:17by
- 15:17the
- 15:17very
- 15:18large
- 15:18players.
- 15:18So
- 15:19think
- 15:19JP
- 15:19Morgan,
- 15:20Morgan
- 15:20Stanley,
- 15:21Merrill
- 15:22lynch,
- 15:23et
- 15:23cetera.
- 15:24And
- 15:24we
- 15:24love
- 15:24them.
- 15:25And
- 15:25I
- 15:25would
- 15:25especially
- 15:25give
- 15:26the
- 15:26shout
- 15:26out
- 15:26to
- 15:26Morgan
- 15:27Stanley,
- 15:27who's
- 15:27been
- 15:28so
- 15:28supportive
- 15:28of
- 15:28us.
- 15:29Right?
- 15:29So.
- 15:30But
- 15:30in
- 15:30order
- 15:31to
- 15:31get
- 15:31on
- 15:32those
- 15:32wealth
- 15:32platforms
- 15:33on
- 15:33their
- 15:33recommended
- 15:34list,
- 15:35we
- 15:35need
- 15:35to
- 15:35be
- 15:35at
- 15:36$100
- 15:36million
- 15:37of
- 15:368.
- 15:37And
- 15:37today
- 15:37we're
- 15:38at
- 15:384,
- 15:38a
- 15:39little
- 15:39over
- 15:394.
- 15:40So
- 15:40take
- 15:40a
- 15:40step
- 15:41back.
- 15:41If
- 15:41you're
- 15:42not
- 15:42going
- 15:42to
- 15:42be
- 15:42on
- 15:42the
- 15:42major
- 15:43players,
- 15:44then
- 15:44you
- 15:44can
- 15:44be
- 15:44on
- 15:44the
- 15:44minor
- 15:45players.
- 15:46But
- 15:46even
- 15:46there,
- 15:47you
- 15:47need
- 15:4725
- 15:48to
- 15:48$50
- 15:48million
- 15:49assets
- 15:50under
- 15:50management.
- 15:50Again,
- 15:51we're
- 15:52far
- 15:52away.
- 15:53The
- 15:53third
- 15:53step
- 15:54that
- 15:54we're
- 15:54looking
- 15:55at
- 15:55is
- 15:5510
- 15:55million.
- 15:56And
- 15:56that's
- 15:57when
- 15:57the
- 15:57independent
- 15:58registered
- 15:59investment
- 15:59advisors
- 16:00start
- 16:00paying
- 16:01attention,
- 16:01right?
- 16:02At
- 16:0210
- 16:02million,
- 16:02they
- 16:03say,
- 16:03okay,
- 16:03this
- 16:03is
- 16:04not
- 16:04going
- 16:04to
- 16:04go
- 16:04away.
- 16:05And
- 16:05remember,
- 16:06even
- 16:06if
- 16:06the
- 16:06ETF
- 16:06shuts
- 16:07down,
- 16:07everybody
- 16:08gets
- 16:08their
- 16:08money
- 16:08back.
- 16:09It's
- 16:09not
- 16:10a
- 16:10risk
- 16:10of
- 16:10not
- 16:10getting
- 16:11your
- 16:11money
- 16:11back
- 16:12at
- 16:12whatever
- 16:12the
- 16:12stocks
- 16:13are
- 16:13trading
- 16:13at
- 16:13that
- 16:14time.
- 16:14What
- 16:15we
- 16:15need
- 16:15to
- 16:15do
- 16:16is
- 16:16because
- 16:16we
- 16:17cannot
- 16:17get
- 16:18on
- 16:18the
- 16:18institutional
- 16:20distribution
- 16:20platforms.
- 16:21We
- 16:21need
- 16:21this
- 16:22to
- 16:22be
- 16:22grassroots.
- 16:23We
- 16:23need
- 16:24women
- 16:24themselves,
- 16:25all
- 16:26portfolio
- 16:27sizes,
- 16:28to
- 16:28come
- 16:29forward
- 16:29and
- 16:29say,
- 16:30I
- 16:30am
- 16:30going
- 16:30to
- 16:31make
- 16:31a
- 16:31meaningful
- 16:31allocation.
- 16:32If
- 16:33you
- 16:33think
- 16:33about
- 16:33it,
- 16:34how
- 16:34many
- 16:34adult
- 16:35women
- 16:35are
- 16:36there
- 16:36in
- 16:36the
- 16:36United
- 16:37States?
- 16:38Right.
- 16:41So
- 16:42there
- 16:42is
- 16:43no
- 16:43reason.
- 16:45And
- 16:45all
- 16:45of
- 16:46those
- 16:46women
- 16:46should
- 16:46be
- 16:47investing.
- 16:47Yes.
- 16:48Investing
- 16:48is
- 16:49for
- 16:49everybody.
- 16:50There
- 16:50is
- 16:50an
- 16:50investment
- 16:51wealth
- 16:51gap
- 16:51in
- 16:51the
- 16:52United
- 16:52States
- 16:52which
- 16:52are
- 16:52also
- 16:53trying
- 16:53to
- 16:53address
- 16:53with
- 16:54this.
- 16:54How
- 16:55do
- 16:55we
- 16:55get
- 16:55women
- 16:55excited
- 16:56about
- 16:56investing?
- 16:58The
- 16:58research
- 16:58is
- 16:59telling
- 16:59us
- 16:59that
- 17:00women
- 17:00don't
- 17:00care
- 17:00about
- 17:01the
- 17:01returns.
- 17:02They
- 17:02want
- 17:02to
- 17:02get
- 17:02a
- 17:03market
- 17:03return,
- 17:03but
- 17:04they're
- 17:04not
- 17:04chasing
- 17:05returns.
- 17:05The
- 17:05typical
- 17:06female
- 17:06investor
- 17:07cares
- 17:08about
- 17:08what
- 17:08she's
- 17:09investing.
- 17:09The
- 17:10way
- 17:10to
- 17:10get
- 17:10women
- 17:11interested
- 17:11in
- 17:12investing
- 17:12is
- 17:13to
- 17:13say,
- 17:14if
- 17:14you
- 17:14Invest
- 17:15in
- 17:15women
- 17:15CEOs,
- 17:16there
- 17:16will
- 17:16be
- 17:17more
- 17:17women
- 17:17CEOs.
- 17:18Now
- 17:18why
- 17:18do
- 17:19we
- 17:19want
- 17:19more
- 17:19women
- 17:20CEOs?
- 17:21This
- 17:21is
- 17:21the
- 17:21Data,
- 17:22because
- 17:22women
- 17:24promote
- 17:25women.
- 17:25It
- 17:25turns
- 17:26out
- 17:26that
- 17:26women
- 17:27CEOs
- 17:28have
- 17:29senior
- 17:30leadership
- 17:30teams
- 17:31that
- 17:31are
- 17:3180%
- 17:32more
- 17:33female
- 17:33than
- 17:34men.
- 17:34Women's
- 17:35senior
- 17:35leadership
- 17:36teams
- 17:36are
- 17:36at
- 17:37about
- 17:3736%
- 17:39women.
- 17:40That
- 17:40still
- 17:40means
- 17:40that
- 17:41a
- 17:41woman's
- 17:41CEO
- 17:42probably
- 17:42has
- 17:422/3
- 17:43of
- 17:43her
- 17:43senior
- 17:44leadership
- 17:44team
- 17:44is
- 17:45men
- 17:45and
- 17:45a
- 17:45third
- 17:45is
- 17:46women.
- 17:46Right.
- 17:47But
- 17:48that's
- 17:4880%
- 17:49more
- 17:49than
- 17:49the
- 17:50men,
- 17:50where
- 17:50their
- 17:50senior
- 17:51leadership
- 17:51teams
- 17:51are
- 17:5280%
- 17:52men
- 17:53and
- 17:5320%
- 17:53women.
- 17:55Right.
- 17:55So
- 17:56the
- 17:57facts,
- 17:58this
- 17:59is
- 17:59nothing
- 17:59but
- 17:59a
- 18:00number
- 18:00telling
- 18:01us
- 18:01women
- 18:01promote
- 18:02women.
- 18:02If
- 18:02you're
- 18:02a
- 18:03woman,
- 18:04you're
- 18:05going
- 18:05to
- 18:05do
- 18:05much
- 18:05better
- 18:06statistically
- 18:06if
- 18:07you
- 18:07work
- 18:07for
- 18:07a
- 18:08company
- 18:08that
- 18:08has
- 18:08a
- 18:08female
- 18:09CEO.
- 18:09But
- 18:09you
- 18:09can't
- 18:10because
- 18:10there's
- 18:10only
- 18:118%
- 18:11of
- 18:11those
- 18:12companies.
- 18:12So
- 18:13we're
- 18:13in
- 18:13this
- 18:13circle
- 18:14where
- 18:14we
- 18:14need
- 18:14more
- 18:14women
- 18:15CEOs.
- 18:15And
- 18:15the
- 18:16best
- 18:16way
- 18:16to
- 18:16get
- 18:17more
- 18:17women
- 18:18to
- 18:18the
- 18:18position
- 18:19where
- 18:19they
- 18:19could
- 18:19be
- 18:19CEOs
- 18:20is
- 18:20to
- 18:20have
- 18:20more
- 18:20women
- 18:21CEOs.
- 18:21Yes.
- 18:22But
- 18:22then
- 18:23the
- 18:23final
- 18:23connection
- 18:24is
- 18:25how
- 18:25does
- 18:25a
- 18:26company.
- 18:27Right.
- 18:27Because
- 18:27I
- 18:27get
- 18:27asked
- 18:28all
- 18:28the
- 18:28time,
- 18:29why
- 18:29is
- 18:30investing
- 18:30in
- 18:30big
- 18:31companies
- 18:31going
- 18:32to
- 18:32help
- 18:32us
- 18:33have
- 18:33more
- 18:33women
- 18:34CEOs?
- 18:35Right.
- 18:35Where's
- 18:36the
- 18:36connection?
- 18:37And
- 18:37the
- 18:38connection
- 18:38is
- 18:38in
- 18:38the
- 18:38pattern
- 18:39matching.
- 18:40Right.
- 18:40So
- 18:41the
- 18:41boards
- 18:41who
- 18:42decide
- 18:42who
- 18:42the
- 18:42next
- 18:43CEO
- 18:43is
- 18:44are
- 18:44people
- 18:45like
- 18:45us
- 18:46who
- 18:46pattern
- 18:47match
- 18:48CEO
- 18:49male.
- 18:50Right.
- 18:51So
- 18:51they're
- 18:51not
- 18:52used
- 18:52to
- 18:52seeing
- 18:53women
- 18:53CEOs.
- 18:55When
- 18:55I
- 18:55ask
- 18:55people,
- 18:56even
- 18:57board
- 18:58members,
- 18:59to
- 18:59name
- 18:59a
- 19:00woman
- 19:00CEO,
- 19:00invariably
- 19:01the
- 19:01first
- 19:01name
- 19:02that
- 19:02comes
- 19:02up
- 19:03is
- 19:03Indra
- 19:04Nui.
- 19:05Indra
- 19:05Nui
- 19:06has
- 19:06not
- 19:06been
- 19:06CEO
- 19:06of
- 19:07Pepsi
- 19:07for
- 19:07a
- 19:07long
- 19:08time.
- 19:09She's
- 19:09out
- 19:10visible,
- 19:10so
- 19:10people
- 19:11think
- 19:11of
- 19:11her.
- 19:12I
- 19:12never
- 19:13get
- 19:14either
- 19:15Lisa
- 19:15sue
- 19:16or
- 19:16Safra
- 19:16Katz.
- 19:17Nobody's
- 19:17ever
- 19:17brought
- 19:18them
- 19:18up.
- 19:18And
- 19:19they
- 19:19are
- 19:19the
- 19:19two
- 19:19women
- 19:20that
- 19:20run
- 19:20the
- 19:21largest
- 19:21companies
- 19:21by
- 19:21market
- 19:22cap
- 19:22in
- 19:22the
- 19:22United
- 19:23States,
- 19:23led
- 19:23by
- 19:23women
- 19:23or
- 19:24one
- 19:24of
- 19:24those
- 19:25two
- 19:25women.
- 19:25So
- 19:26there's
- 19:27this
- 19:27pattern
- 19:27matching
- 19:28and
- 19:28both
- 19:28of
- 19:28them
- 19:28in
- 19:28technology,
- 19:30there's
- 19:30this
- 19:30pattern
- 19:31matching
- 19:31issue
- 19:32to
- 19:32the
- 19:32extent
- 19:32that
- 19:33we
- 19:33make
- 19:33the
- 19:33WCO
- 19:34very
- 19:34visible,
- 19:35first
- 19:35of
- 19:35all
- 19:36for
- 19:36performance
- 19:37and
- 19:37second
- 19:37of
- 19:37all
- 19:37for
- 19:38growth.
- 19:38Because
- 19:39we're
- 19:39so
- 19:40tiny
- 19:40that
- 19:41if
- 19:41we
- 19:41became
- 19:41relevant,
- 19:42we
- 19:42would
- 19:42be
- 19:43the
- 19:43fastest
- 19:43growing
- 19:44etf,
- 19:45over
- 19:46and
- 19:46over
- 19:46again
- 19:46would
- 19:47be
- 19:47in
- 19:47the
- 19:47news
- 19:47all
- 19:48the
- 19:48time.
- 19:48This
- 19:49is
- 19:49why
- 19:49it's
- 19:49important.
- 19:50Board
- 19:50members
- 19:51of
- 19:52public
- 19:52companies
- 19:53who
- 19:53are
- 19:53on
- 19:53the
- 19:53nominating
- 19:54committee
- 19:54or
- 19:54deciding
- 19:55who
- 19:55the
- 19:55next
- 19:55CEO
- 19:55is
- 19:56would
- 19:56see
- 19:56we
- 19:56should
- 19:57consider
- 19:57more
- 19:57women
- 19:58because
- 19:58women
- 19:58perform.
- 19:59The
- 20:00WCO
- 20:00is
- 20:01the
- 20:01only
- 20:02instrument
- 20:02that
- 20:02measures
- 20:03this
- 20:03globally.
- 20:04Nobody
- 20:04else
- 20:04is
- 20:05doing
- 20:05it
- 20:05from
- 20:05that
- 20:05point
- 20:06of
- 20:06view.
- 20:06It's
- 20:07so
- 20:07important
- 20:07to
- 20:07get
- 20:08this
- 20:08growing.
- 20:09That's
- 20:09really
- 20:10our
- 20:11strategy
- 20:12for
- 20:122025,
- 20:13is
- 20:13to
- 20:13just
- 20:13speak
- 20:14it.
- 20:14As
- 20:14in
- 20:14many
- 20:15events,
- 20:15it's
- 20:15all
- 20:16about
- 20:16exposure.
- 20:17Thank
- 20:17you,
- 20:17Koga,
- 20:17for
- 20:17having
- 20:18us
- 20:18on
- 20:18your
- 20:18podcast.
- 20:19And
- 20:19because
- 20:20we
- 20:20will
- 20:20distribute
- 20:21it,
- 20:21we
- 20:21will
- 20:21put
- 20:21it
- 20:21on
- 20:22social
- 20:22media.
- 20:22How
- 20:23do
- 20:23we
- 20:23get
- 20:23more
- 20:23women
- 20:24to
- 20:24know
- 20:24about
- 20:24this?
- 20:24How
- 20:25do
- 20:25we
- 20:25become
- 20:25the
- 20:25fastest
- 20:26growing
- 20:27ETF
- 20:27in
- 20:27the
- 20:27industry?
- 20:29So
- 20:29how
- 20:29do
- 20:29we
- 20:29get
- 20:30into
- 20:30the
- 20:30mainstream?
- 20:31That's
- 20:31what
- 20:32we're
- 20:32trying
- 20:32to
- 20:32crack
- 20:33and.
- 20:33You'Ve
- 20:34been
- 20:34given
- 20:34a
- 20:34lot
- 20:34of
- 20:34advice.
- 20:35Last
- 20:35night
- 20:36Patricia
- 20:36and
- 20:36I
- 20:37were
- 20:37together,
- 20:38we
- 20:39got
- 20:39to
- 20:39meet
- 20:39in
- 20:39person.
- 20:40Last
- 20:40night
- 20:40we
- 20:40were
- 20:41at
- 20:41an
- 20:42event
- 20:42with
- 20:42how
- 20:42women
- 20:43lead
- 20:43and
- 20:43we
- 20:43were
- 20:44able
- 20:44to
- 20:45meet
- 20:45and
- 20:46talk
- 20:46together
- 20:47about
- 20:48really
- 20:48changing
- 20:49the
- 20:49culture
- 20:50and
- 20:50how
- 20:51this
- 20:51piece
- 20:52is
- 20:53so
- 20:54important.
- 20:54There's
- 20:54getting
- 20:55women
- 20:55on
- 20:55boards
- 20:56and
- 20:56investing
- 20:56in
- 20:56women
- 20:57in
- 20:57earlier
- 20:57stage
- 20:57companies.
- 20:58But
- 20:58to
- 20:58me,
- 20:59this
- 20:59is
- 20:59so
- 20:59important
- 21:00to
- 21:00invest
- 21:01in
- 21:01Women
- 21:01one,
- 21:02because
- 21:02I
- 21:02know
- 21:03it's
- 21:03going
- 21:03to
- 21:03be
- 21:04enormously
- 21:05successful
- 21:06in
- 21:06its
- 21:06thesis.
- 21:07I
- 21:08know.
- 21:08Because
- 21:09the
- 21:09women
- 21:10who
- 21:10make
- 21:10it,
- 21:11like
- 21:11you
- 21:11said,
- 21:12have
- 21:12had
- 21:12to
- 21:13really,
- 21:13they're
- 21:13extraordinary.
- 21:14They're
- 21:14the
- 21:15creme
- 21:15de
- 21:15la
- 21:15creme.
- 21:16And
- 21:17so
- 21:17these
- 21:17are
- 21:17great
- 21:18leaders
- 21:18and
- 21:18they're
- 21:19leading
- 21:19great
- 21:20companies
- 21:20and
- 21:21they're
- 21:21going
- 21:21to
- 21:21lead
- 21:21a
- 21:21little
- 21:22differently,
- 21:22partially
- 21:23because
- 21:23they're
- 21:23women,
- 21:24partially
- 21:24because
- 21:25they've
- 21:25had
- 21:25to
- 21:26overcome
- 21:27so
- 21:27much
- 21:27to
- 21:27get
- 21:27there.
- 21:28And
- 21:29so
- 21:30getting
- 21:30them
- 21:30into
- 21:30the
- 21:31CEO
- 21:31role
- 21:32is
- 21:32critical
- 21:32and
- 21:33it
- 21:33changes
- 21:34the
- 21:34way
- 21:35leaders
- 21:35look
- 21:36and
- 21:36feel.
- 21:37And
- 21:37it's
- 21:38power.
- 21:38Right.
- 21:39So
- 21:39much
- 21:40of
- 21:40what
- 21:41the
- 21:41culture
- 21:42looks
- 21:42to
- 21:43is,
- 21:43you
- 21:44know,
- 21:45business
- 21:45controls
- 21:46so
- 21:46much
- 21:47power.
- 21:47And
- 21:48without
- 21:49the
- 21:49voice
- 21:50of
- 21:50a
- 21:50woman
- 21:50in
- 21:51the
- 21:51room
- 21:52weighing
- 21:53in
- 21:53on
- 21:53these
- 21:54important
- 21:54factors
- 21:55that
- 21:55end
- 21:55up
- 21:56affecting
- 21:57government,
- 21:58affecting
- 21:58the
- 21:59culture,
- 22:00how
- 22:00businesses
- 22:01run,
- 22:01what
- 22:01our
- 22:02values
- 22:02are,
- 22:02how
- 22:03it
- 22:03gets
- 22:03propagated
- 22:04into
- 22:04society,
- 22:05it
- 22:05really
- 22:06is
- 22:06lost
- 22:07if
- 22:07we
- 22:07don't
- 22:07have
- 22:08more
- 22:08seats
- 22:08at
- 22:08that
- 22:09table.
- 22:10Absolutely.
- 22:11I
- 22:11think
- 22:11hearing
- 22:12different
- 22:12perspectives
- 22:13is
- 22:13so
- 22:14important
- 22:14in
- 22:14making
- 22:15decisions
- 22:15because
- 22:16they're
- 22:17not
- 22:18just
- 22:18lived
- 22:18experience,
- 22:19but
- 22:19also
- 22:19their
- 22:20research
- 22:21and
- 22:21their
- 22:22profit.
- 22:22What
- 22:22the
- 22:23professional
- 22:23experiences
- 22:24that
- 22:24people
- 22:25bring
- 22:25to
- 22:25the
- 22:25table
- 22:26are
- 22:26really
- 22:26important.
- 22:27I
- 22:27think
- 22:27that
- 22:29because
- 22:30women
- 22:30have
- 22:30a
- 22:31different
- 22:31and
- 22:32less
- 22:32linear
- 22:33path
- 22:34to
- 22:34that
- 22:34CEO
- 22:34route,
- 22:35they
- 22:36are
- 22:36more
- 22:36open
- 22:37to
- 22:38hearing
- 22:39from
- 22:40not
- 22:40the
- 22:40typical
- 22:41voice.
- 22:42I
- 22:43believe
- 22:43that
- 22:44the
- 22:44research
- 22:45and
- 22:45the
- 22:45facts
- 22:46bear
- 22:46that
- 22:47out.
- 22:47Because
- 22:47women
- 22:48have
- 22:48more
- 22:48diverse
- 22:49senior
- 22:50leadership
- 22:50teams.
- 22:51My
- 22:51thesis
- 22:52is
- 22:52because
- 22:52they're
- 22:53more
- 22:53open
- 22:53minded,
- 22:53because
- 22:54they've
- 22:54had
- 22:54to
- 22:56see
- 22:56how
- 22:57they're
- 22:57different.
- 22:58But
- 22:58it's
- 22:58a
- 22:58thesis
- 22:59and
- 23:00but
- 23:00the
- 23:00facts
- 23:01are
- 23:01they
- 23:01do
- 23:01have
- 23:01more
- 23:01diversity
- 23:02in
- 23:02your
- 23:02leadership
- 23:03teams.
- 23:03That's
- 23:03just
- 23:03a
- 23:03fact.
- 23:03Right,
- 23:04It's
- 23:04a
- 23:04fact.
- 23:04And
- 23:05why
- 23:05is
- 23:05that
- 23:05important?
- 23:06Why
- 23:06is
- 23:06it
- 23:07important
- 23:07to
- 23:07have
- 23:07a
- 23:07diverse
- 23:08leadership
- 23:09team?
- 23:10And
- 23:10how
- 23:10is
- 23:11that
- 23:11contract
- 23:12from
- 23:12the.
- 23:12From
- 23:13the
- 23:13investor
- 23:14perspective?
- 23:14Because
- 23:15balanced
- 23:16leadership
- 23:16outperforms
- 23:17Right.
- 23:18There's
- 23:18been
- 23:19countless
- 23:19studies
- 23:20that
- 23:20say
- 23:20that.
- 23:20So
- 23:21from
- 23:21an
- 23:21investor
- 23:21point
- 23:22of
- 23:22view,
- 23:22that's
- 23:22why
- 23:22you
- 23:22want
- 23:23it.
- 23:23And
- 23:23from
- 23:24a
- 23:24personal
- 23:24point
- 23:25of
- 23:25view,
- 23:25it's
- 23:26because
- 23:26you
- 23:26want
- 23:26to
- 23:26get
- 23:26promoted.
- 23:27You
- 23:27want
- 23:28your
- 23:28daughter
- 23:28to
- 23:28get
- 23:28promoted,
- 23:29you
- 23:29want
- 23:30your
- 23:30niece
- 23:30to
- 23:30get
- 23:30promoted.
- 23:31Right?
- 23:32I
- 23:32want
- 23:33my
- 23:33daughter
- 23:33to
- 23:34get
- 23:34promoted
- 23:34once
- 23:35she's
- 23:35in
- 23:35college.
- 23:36So
- 23:36she's
- 23:36not
- 23:36up
- 23:37against
- 23:37this
- 23:37yet.
- 23:38Right.
- 23:39But
- 23:39when
- 23:39she
- 23:40does
- 23:40go
- 23:40into
- 23:41the
- 23:41workforce,
- 23:42I
- 23:42don't
- 23:42want
- 23:42her
- 23:43going
- 23:43in
- 23:43there
- 23:43with
- 23:44one
- 23:44hand
- 23:44tied
- 23:45behind
- 23:45her
- 23:45back.
- 23:46And
- 23:47the
- 23:47best
- 23:47way
- 23:48for
- 23:48her
- 23:48not
- 23:48to
- 23:48have
- 23:49one
- 23:49hand
- 23:49tied
- 23:49behind
- 23:50her
- 23:50back
- 23:50is
- 23:51to
- 23:51have
- 23:51equal
- 23:52opportunity.
- 23:53Right.
- 23:54And
- 23:54the
- 23:54facts
- 23:55are
- 23:55telling
- 23:55us
- 23:56that
- 23:56diverse
- 23:56management
- 23:57is
- 23:58more
- 23:58open
- 23:59to
- 24:00diverse
- 24:02promotions.
- 24:03I
- 24:03don't
- 24:03want
- 24:04my
- 24:04daughter,
- 24:05my
- 24:05niece,
- 24:06my
- 24:06best
- 24:07friend's
- 24:07daughters
- 24:07and
- 24:07nieces
- 24:08to
- 24:08be
- 24:08part
- 24:09of
- 24:09the
- 24:09broken
- 24:09rug.
- 24:10I
- 24:10want
- 24:10them
- 24:10to
- 24:11not
- 24:11be
- 24:12part
- 24:12of
- 24:12the
- 24:12broken
- 24:12rug.
- 24:13Having
- 24:13more
- 24:13women
- 24:14CEOs
- 24:14is
- 24:15attacking
- 24:15the
- 24:15broken
- 24:16rug.
- 24:17Yes.
- 24:18And
- 24:18I
- 24:18think,
- 24:19yeah.
- 24:20And
- 24:20I
- 24:20agree.
- 24:20I
- 24:21have
- 24:21daughters
- 24:21as
- 24:21well
- 24:22and
- 24:22it's.
- 24:22And
- 24:23nieces
- 24:24and
- 24:25so
- 24:25forth.
- 24:26Friends
- 24:26of,
- 24:27you
- 24:27know,
- 24:27like
- 24:28there's
- 24:28women
- 24:29all
- 24:29over.
- 24:29We
- 24:30all.
- 24:30So
- 24:30one
- 24:31of
- 24:31the
- 24:31things
- 24:31I
- 24:32talk
- 24:32about
- 24:32a
- 24:32lot
- 24:33is
- 24:33how
- 24:34women
- 24:35tend
- 24:36to
- 24:36leave
- 24:36corporate
- 24:37before
- 24:38they
- 24:38get
- 24:39to
- 24:39the
- 24:39C
- 24:39suite
- 24:40or
- 24:40the
- 24:40CEO
- 24:41level.
- 24:42There's
- 24:42all
- 24:42kinds
- 24:42of
- 24:42reasons
- 24:43why
- 24:43that
- 24:44might
- 24:44be
- 24:44the
- 24:44path.
- 24:45But
- 24:45I
- 24:46think
- 24:46your
- 24:47mission
- 24:47to
- 24:48get
- 24:48more
- 24:48women
- 24:48in
- 24:48the
- 24:48CEO
- 24:49role
- 24:50also
- 24:51contributes
- 24:52to
- 24:53helping
- 24:53resolve
- 24:54that
- 24:54issue,
- 24:55right?
- 24:55Absolutely.
- 24:56That
- 24:56is
- 24:56the
- 24:56reason
- 24:57we
- 24:57to
- 24:57do
- 24:57it.
- 24:58Right.
- 24:58There's
- 24:59two
- 24:59reasons
- 24:59to
- 24:59do
- 24:59this.
- 25:00One
- 25:00for
- 25:00your
- 25:00portfolio
- 25:01are
- 25:02investment
- 25:02thesis
- 25:03is
- 25:03that
- 25:03it
- 25:03will
- 25:04give
- 25:04better
- 25:04results
- 25:05over
- 25:05time
- 25:05and
- 25:06from
- 25:06a
- 25:08societal
- 25:08point
- 25:09of
- 25:09view
- 25:09of
- 25:10equal
- 25:10opportunity
- 25:11for
- 25:12talent
- 25:12to
- 25:12rise
- 25:13to
- 25:13the
- 25:13top.
- 25:14We
- 25:14need
- 25:14to
- 25:14have
- 25:15more
- 25:15women
- 25:15CEOs.
- 25:17Right.
- 25:17It's
- 25:17important
- 25:18to
- 25:18look
- 25:18at
- 25:18it
- 25:19from
- 25:19a
- 25:19return
- 25:19perspective.
- 25:20It
- 25:20is
- 25:21a
- 25:21financial
- 25:21product
- 25:21and
- 25:22it
- 25:22is
- 25:22important
- 25:23to
- 25:23look
- 25:23at
- 25:23it
- 25:23at
- 25:24what.
- 25:24How
- 25:24is
- 25:25this
- 25:25going
- 25:25to
- 25:25help
- 25:25us
- 25:25achieve
- 25:26the
- 25:26goals
- 25:26that
- 25:26we
- 25:27want
- 25:27of
- 25:28some
- 25:28gender
- 25:29balance
- 25:30at
- 25:30the
- 25:30top
- 25:30of
- 25:31society?
- 25:32My
- 25:32question
- 25:32to
- 25:32everybody
- 25:33is,
- 25:33is
- 25:34it
- 25:34on
- 25:34purpose
- 25:36that
- 25:36your
- 25:36portfolio
- 25:37is
- 25:38over
- 25:3895%
- 25:40male
- 25:40CEOs?
- 25:42Because
- 25:43it's
- 25:43definitely
- 25:43not
- 25:44my
- 25:44purpose
- 25:44and
- 25:44my
- 25:45intention,
- 25:45but
- 25:45I
- 25:45know
- 25:46it's
- 25:46not
- 25:46on
- 25:46purpose.
- 25:46It's.
- 25:47Nobody
- 25:47did
- 25:47it
- 25:47on
- 25:48purpose.
- 25:48That's
- 25:48just
- 25:49the
- 25:49way
- 25:49society
- 25:50and
- 25:50the
- 25:51financial
- 25:51system
- 25:51works.
- 25:52Right?
- 25:53It's
- 25:53not
- 25:53on
- 25:53purpose.
- 25:54If
- 25:54I
- 25:54ask
- 25:55anybody,
- 25:55is
- 25:55it
- 25:55on
- 25:56purpose
- 25:56that
- 25:56you
- 25:56have
- 25:57over
- 25:5790%
- 25:58of
- 25:58your
- 25:58investments
- 25:59headed
- 25:59by
- 25:59men?
- 26:00Of
- 26:01course.
- 26:01And
- 26:01the
- 26:02answer
- 26:02is
- 26:02no.
- 26:03You
- 26:03can
- 26:03actually
- 26:04take
- 26:04a
- 26:05small
- 26:05piece
- 26:05of
- 26:05your
- 26:05portfolio
- 26:06and
- 26:07say,
- 26:07you
- 26:07know
- 26:07What,
- 26:08I
- 26:08want
- 26:085%,
- 26:09I
- 26:09want
- 26:108%
- 26:10of
- 26:10my
- 26:10portfolio
- 26:11to
- 26:11be
- 26:12led
- 26:12by
- 26:12women.
- 26:13So
- 26:13I'm
- 26:13going
- 26:13to
- 26:14put
- 26:14X
- 26:14percent
- 26:15into
- 26:15WCO,
- 26:16which
- 26:16is
- 26:16100%
- 26:17women.
- 26:17So
- 26:18it
- 26:18balances
- 26:18this
- 26:18out.
- 26:19This
- 26:19is
- 26:20what
- 26:20we
- 26:20can
- 26:20actually
- 26:21do.
- 26:21Now
- 26:22I'm
- 26:22inviting
- 26:23our
- 26:23listeners
- 26:24to
- 26:24just
- 26:24check
- 26:24in
- 26:25right
- 26:25now
- 26:25with
- 26:25yourself
- 26:26as
- 26:26you
- 26:26think
- 26:26about
- 26:27making
- 26:27some
- 26:27of
- 26:27these
- 26:28adjustments.
- 26:29You
- 26:29are
- 26:29already
- 26:30invested
- 26:31in
- 26:33companies,
- 26:33whether
- 26:34it's
- 26:34through
- 26:35a
- 26:35mutual
- 26:35fund
- 26:35or
- 26:36an
- 26:36ETF,
- 26:36or
- 26:36you're
- 26:37directly
- 26:37buying
- 26:38shares
- 26:39and
- 26:39companies
- 26:40on
- 26:40the
- 26:40stock
- 26:40market,
- 26:41or
- 26:41however
- 26:42else
- 26:42you
- 26:42might
- 26:42be
- 26:43doing
- 26:43that,
- 26:43you
- 26:44already
- 26:44are
- 26:44doing
- 26:45it
- 26:45and
- 26:46you're
- 26:46comfortable
- 26:47with
- 26:47it.
- 26:48You're
- 26:48buying
- 26:48and
- 26:49selling
- 26:49or
- 26:49you're
- 26:50working
- 26:50with
- 26:50an
- 26:50advisor
- 26:51or
- 26:51you
- 26:51have
- 26:51your
- 26:51401k,
- 26:53you
- 26:53already
- 26:54are
- 26:54doing
- 26:54it.
- 26:55So
- 26:55you
- 26:56have
- 26:57the
- 26:57skills
- 26:58to
- 26:58do
- 26:58this
- 26:59and
- 27:00it's
- 27:00fine
- 27:01for
- 27:01you
- 27:01to
- 27:01do
- 27:01it.
- 27:02You've
- 27:02already
- 27:02overcome
- 27:03that.
- 27:03So
- 27:03this
- 27:03is
- 27:04just
- 27:04taking
- 27:05a
- 27:05deeper
- 27:06look
- 27:06at
- 27:06the
- 27:06choices
- 27:07you
- 27:07have.
- 27:10And
- 27:10it's
- 27:11not
- 27:11crazy
- 27:11and
- 27:12it's
- 27:12not
- 27:12risky.
- 27:13It's
- 27:14choosing
- 27:14which
- 27:15companies
- 27:15you
- 27:15want
- 27:15to
- 27:16invest
- 27:16in,
- 27:16what's
- 27:17important
- 27:17to
- 27:17you.
- 27:18And
- 27:19you
- 27:19know,
- 27:19when
- 27:19you
- 27:19start,
- 27:20we
- 27:20were
- 27:20talking
- 27:21last
- 27:21night
- 27:21at
- 27:21our
- 27:21event,
- 27:22you
- 27:22know,
- 27:22when
- 27:22you
- 27:22start
- 27:23to
- 27:23pull
- 27:23back
- 27:23the
- 27:24layers
- 27:24of
- 27:24the
- 27:25things
- 27:25you
- 27:25are
- 27:25invested
- 27:26in,
- 27:27you
- 27:27may
- 27:27not
- 27:27be
- 27:28so
- 27:28happy
- 27:29with
- 27:29what
- 27:29you
- 27:30find.
- 27:31Right.
- 27:31Are
- 27:31you
- 27:32really
- 27:32investing
- 27:32in
- 27:33things
- 27:33that
- 27:33you
- 27:34want
- 27:34to
- 27:34be
- 27:34investing
- 27:35in?
- 27:35Are
- 27:35you
- 27:35in
- 27:35a
- 27:36mutual
- 27:36fund
- 27:36or
- 27:36an
- 27:36ETF
- 27:37that's
- 27:38investing
- 27:38in
- 27:39prison
- 27:39systems
- 27:40or
- 27:40something
- 27:40that
- 27:41you
- 27:41don't
- 27:41agree
- 27:41with?
- 27:42When
- 27:42we're
- 27:42doing
- 27:42it
- 27:42unconsciously,
- 27:44how
- 27:44would
- 27:44you
- 27:44advise
- 27:45us
- 27:46to
- 27:46help
- 27:46break
- 27:47that
- 27:47cycle?
- 27:47Personally,
- 27:48what
- 27:48would
- 27:48you
- 27:48tell
- 27:49me
- 27:49to
- 27:50do
- 27:50to
- 27:50get
- 27:51my
- 27:51portfolio
- 27:52straightened
- 27:52out?
- 27:54So
- 27:54I
- 27:54think
- 27:54the
- 27:55important
- 27:55thing
- 27:55is
- 27:56it
- 27:56depending
- 27:56on
- 27:57where
- 27:57you
- 27:57are
- 27:57in
- 27:57the
- 27:58investing
- 27:58journey,
- 27:59right.
- 27:59And
- 28:00women
- 28:00of
- 28:00all
- 28:01ages
- 28:01and
- 28:02of
- 28:02all
- 28:02portfolio
- 28:03sizes
- 28:04may
- 28:04be
- 28:04at
- 28:04a
- 28:04different
- 28:05part
- 28:05of
- 28:05the
- 28:05journey.
- 28:06Somebody
- 28:06with
- 28:06a
- 28:06small
- 28:07portfolio
- 28:07may
- 28:08be
- 28:08very
- 28:08knowledgeable.
- 28:08Somebody
- 28:09with
- 28:09a
- 28:09large
- 28:09portfolio
- 28:10may
- 28:10be
- 28:10zero
- 28:11knowledgeable
- 28:11and
- 28:11vice
- 28:12versa.
- 28:12So
- 28:13let's
- 28:13say
- 28:13I
- 28:13have
- 28:13a
- 28:13401k.
- 28:15If
- 28:15you
- 28:15have
- 28:15a
- 28:15401k,
- 28:16it's
- 28:17being
- 28:17managed
- 28:17by
- 28:17your
- 28:18company.
- 28:18So
- 28:19you
- 28:19would
- 28:19need
- 28:19to
- 28:19open
- 28:20up
- 28:20a
- 28:21ira,
- 28:22which
- 28:22you
- 28:22can
- 28:23do
- 28:23online
- 28:23in
- 28:23five
- 28:24minutes
- 28:24and
- 28:24it's
- 28:25still
- 28:25tax
- 28:25effective
- 28:26and
- 28:26put
- 28:26some
- 28:27money
- 28:27in.
- 28:28So
- 28:28how
- 28:28much
- 28:29money
- 28:29should
- 28:29you
- 28:29start
- 28:30with?
- 28:30Whatever
- 28:31makes
- 28:31you
- 28:31feel
- 28:32comfortable.
- 28:33Whatever
- 28:33you're
- 28:33not
- 28:33going
- 28:34to
- 28:34miss.
- 28:34If
- 28:34it's
- 28:35$30,
- 28:36$30.
- 28:37If
- 28:37it's
- 28:38$30,000,
- 28:39it's
- 28:39$30,000.
- 28:41Now
- 28:41if
- 28:41it's
- 28:41$3
- 28:42million,
- 28:42then
- 28:43thank
- 28:43you.
- 28:44But,
- 28:44but,
- 28:44but
- 28:45I
- 28:45think
- 28:45we
- 28:45need
- 28:45that.
- 28:46Right.
- 28:46The
- 28:46range
- 28:47of
- 28:47the
- 28:47people
- 28:47I
- 28:48know
- 28:48is
- 28:48somewhere
- 28:49between
- 28:49$30
- 28:50and
- 28:50$300,000.
- 28:52Right.
- 28:53People
- 28:53I
- 28:53talk
- 28:53to
- 28:54every
- 28:54day
- 28:54that
- 28:54can
- 28:55count
- 28:55comfortably
- 28:56make
- 28:56those
- 28:56kind
- 28:56of
- 28:57investments.
- 28:58So
- 28:58what
- 28:58is
- 28:58comfortable
- 28:59for
- 28:59you?
- 29:00Whatever
- 29:00it
- 29:00is,
- 29:01just
- 29:02do
- 29:02it.
- 29:02So
- 29:03you
- 29:03get
- 29:03started.
- 29:04Right?
- 29:04So
- 29:04Now
- 29:04I
- 29:05have
- 29:05$3,000.
- 29:06We
- 29:06have
- 29:06a
- 29:07hashtag
- 29:07called
- 29:08a
- 29:08hundred.
- 29:08Shares
- 29:09for
- 29:09women
- 29:09CEOs.
- 29:10That
- 29:11is
- 29:11what
- 29:11we're
- 29:11asking
- 29:12everybody
- 29:12to
- 29:13do.
- 29:13So
- 29:14I'm
- 29:14asking
- 29:14everybody
- 29:15who's
- 29:15listening
- 29:15to
- 29:15this
- 29:16podcast
- 29:17to
- 29:17invest
- 29:18100
- 29:18shares
- 29:19for
- 29:19women
- 29:20CEOs.
- 29:20Buy
- 29:21a
- 29:21hundred
- 29:21shares.
- 29:21It's
- 29:22about
- 29:22$3,000.
- 29:23You
- 29:23can
- 29:23get
- 29:23it
- 29:24back
- 29:24the
- 29:24next
- 29:24day.
- 29:25So
- 29:25that's
- 29:25at
- 29:26a
- 29:26minimum
- 29:26what
- 29:26we
- 29:27would
- 29:27like
- 29:27everybody
- 29:28to
- 29:28do.
- 29:28If
- 29:28you
- 29:29can't
- 29:29do
- 29:29it,
- 29:29do
- 29:2930
- 29:30bucks.
- 29:30If
- 29:30you
- 29:31can
- 29:31do
- 29:3130,
- 29:31no
- 29:32problem.
- 29:32Please
- 29:32do
- 29:33the
- 29:3330.
- 29:33We
- 29:33need
- 29:34it.
- 29:34But,
- 29:34but
- 29:35just
- 29:35to
- 29:35go,
- 29:35you
- 29:36know,
- 29:36just
- 29:36an
- 29:36Easy
- 29:37number
- 29:37is
- 29:38100.
- 29:38100
- 29:39shares.
- 29:39Once
- 29:40you
- 29:40have
- 29:40those
- 29:41shares,
- 29:42you'll
- 29:42be
- 29:43curious
- 29:43to
- 29:43know
- 29:44what
- 29:44do
- 29:44I
- 29:44own?
- 29:45You
- 29:45go
- 29:46to
- 29:46our
- 29:46website
- 29:47and
- 29:48download
- 29:48the
- 29:48holdings
- 29:49and
- 29:49it'll
- 29:49give
- 29:49you
- 29:50the
- 29:50names
- 29:50of
- 29:50the
- 29:50175.
- 29:53But
- 29:53it'll
- 29:53also
- 29:54give
- 29:54you
- 29:54the
- 29:54names
- 29:55and
- 29:55pictures
- 29:56of
- 29:56our
- 29:56top
- 29:5710
- 29:57holdings.
- 29:58And
- 29:58that's
- 29:59dynamic
- 29:59that
- 29:59changes
- 30:00every
- 30:00day
- 30:01because
- 30:01stock
- 30:01price,
- 30:02we
- 30:02have
- 30:02performers,
- 30:03people,
- 30:03stock
- 30:04outperform,
- 30:04underperform.
- 30:05And
- 30:06therefore
- 30:06who
- 30:07our
- 30:07top
- 30:07holding
- 30:08is
- 30:08may
- 30:08change
- 30:08from
- 30:09day
- 30:09to
- 30:09day.
- 30:10Like,
- 30:10I
- 30:10don't
- 30:10even
- 30:10know
- 30:11who
- 30:11it
- 30:11is
- 30:11today.
- 30:12We
- 30:12look
- 30:12at
- 30:12every
- 30:13day
- 30:13who's
- 30:13performing,
- 30:14who's
- 30:14not
- 30:14performing.
- 30:15You
- 30:15get
- 30:15interested,
- 30:16right?
- 30:17International
- 30:17Seaways.
- 30:18Never
- 30:18heard
- 30:18of
- 30:18it.
- 30:19With
- 30:19the
- 30:19CEO.
- 30:20She's
- 30:20fantastic.
- 30:21I
- 30:21fledged
- 30:21with
- 30:21her
- 30:21once
- 30:22in
- 30:22a
- 30:22while.
- 30:22She
- 30:22runs
- 30:22a
- 30:22shipping
- 30:23company.
- 30:24Her
- 30:24story
- 30:24is
- 30:25so
- 30:25much
- 30:25fun.
- 30:25So
- 30:26you
- 30:26start
- 30:26getting
- 30:27into
- 30:27it
- 30:27and
- 30:27get
- 30:28inspired.
- 30:30We
- 30:30would
- 30:30love
- 30:31to
- 30:31be
- 30:31able
- 30:31to
- 30:31do
- 30:31that.
- 30:32Is
- 30:32to.
- 30:33We
- 30:33started.
- 30:33There's
- 30:34a.
- 30:34There's
- 30:34another
- 30:34Coco.
- 30:35I
- 30:35don't
- 30:35know
- 30:35if
- 30:35you
- 30:35know
- 30:36Coco
- 30:36Brown.
- 30:37Oh,
- 30:37yes,
- 30:38I
- 30:38don't
- 30:38know
- 30:38her,
- 30:39but
- 30:39I
- 30:39know
- 30:39who
- 30:40Coco
- 30:40Brown
- 30:40is.
- 30:40I
- 30:41have
- 30:41three
- 30:41fabulous
- 30:41Cocos
- 30:42in
- 30:42my
- 30:42life.
- 30:42I
- 30:43have
- 30:43Coco
- 30:43Feldman,
- 30:44I
- 30:44have
- 30:44Coco
- 30:44Brown,
- 30:45and
- 30:45I
- 30:45have
- 30:45Coco
- 30:46Rica's
- 30:47Bogo
- 30:47Bone,
- 30:47which
- 30:47has
- 30:48nothing
- 30:48to
- 30:48do
- 30:48with
- 30:48investment.
- 30:49So
- 30:49they're
- 30:49three
- 30:50really
- 30:50amazing
- 30:51women.
- 30:51What
- 30:51that
- 30:52name?
- 30:52So,
- 30:53so,
- 30:53so
- 30:54Coco
- 30:54does
- 30:55a
- 30:55podcast
- 30:55series
- 30:55called
- 30:56CEO
- 30:56Perspectives.
- 30:57She
- 30:58doesn't
- 30:58just
- 30:58interview
- 30:59women,
- 30:59but
- 30:59we
- 31:00have
- 31:01joined
- 31:01forces
- 31:02to,
- 31:02you
- 31:02know,
- 31:03over
- 31:04time
- 31:04interview
- 31:05the
- 31:05women
- 31:05and
- 31:05the
- 31:05wco.
- 31:06We've
- 31:06had
- 31:06two
- 31:07of
- 31:07these
- 31:07interviews.
- 31:08And
- 31:08you
- 31:08know,
- 31:08last
- 31:09week
- 31:09we,
- 31:10we,
- 31:10we
- 31:11interviewed
- 31:11Jill
- 31:11Ivanko
- 31:12from
- 31:12Chart
- 31:13Industries.
- 31:13Chart
- 31:14Industries
- 31:14is
- 31:14$10
- 31:14billion
- 31:15market
- 31:15cap
- 31:16company
- 31:16on
- 31:16the
- 31:16cusp
- 31:17of
- 31:17small
- 31:17to
- 31:17medium.
- 31:18Jill
- 31:18Faco
- 31:19is
- 31:19one
- 31:19of
- 31:19the
- 31:19most
- 31:20inspiring
- 31:21people
- 31:21I've
- 31:21ever
- 31:22heard
- 31:22Spook.
- 31:22She's
- 31:23so
- 31:23down
- 31:23to
- 31:24earth
- 31:24and
- 31:24she,
- 31:25you
- 31:25know,
- 31:25tells
- 31:25her
- 31:26story
- 31:26of
- 31:26how
- 31:26she
- 31:27got
- 31:27into
- 31:27the
- 31:27business.
- 31:28She
- 31:28runs
- 31:28a
- 31:28company
- 31:29using
- 31:29natural
- 31:30gas
- 31:31to
- 31:31create
- 31:32refrigerated
- 31:33products.
- 31:33So
- 31:33it's
- 31:34nothing.
- 31:34It's
- 31:34not
- 31:34a
- 31:35company
- 31:35that
- 31:35you
- 31:35would
- 31:36know
- 31:36because
- 31:36it's
- 31:36a
- 31:36B2B
- 31:37company.
- 31:38But,
- 31:38but
- 31:39it's
- 31:39so
- 31:39much
- 31:39fun.
- 31:40And
- 31:40you
- 31:40look
- 31:40at
- 31:40her
- 31:40and
- 31:40she's
- 31:41like,
- 31:41she's
- 31:41so
- 31:41personable.
- 31:42I
- 31:43think
- 31:43those
- 31:43are
- 31:43stories
- 31:44where
- 31:44going
- 31:44to
- 31:45start
- 31:45sharing
- 31:45more.
- 31:46I
- 31:47love
- 31:47that
- 31:47and
- 31:48I
- 31:48think
- 31:48this
- 31:48is
- 31:48how
- 31:48we
- 31:49can
- 31:49inspire
- 31:49our
- 31:50girls.
- 31:50Yes.
- 31:51Because
- 31:52we
- 31:52want
- 31:52to
- 31:52inspire
- 31:53our
- 31:53girls
- 31:53to
- 31:54invest.
- 31:54We
- 31:55started
- 31:55something
- 31:55called
- 31:56the
- 31:56Hypatia
- 31:56Investathon.
- 31:58Say
- 31:58more
- 31:59about
- 31:59that.
- 32:00Hypatia
- 32:01Invest
- 32:01a
- 32:01THON
- 32:01is
- 32:02a
- 32:03financial
- 32:04literacy
- 32:04program
- 32:05for
- 32:05college
- 32:06aged
- 32:06women
- 32:07and
- 32:07above
- 32:07to
- 32:08get
- 32:08them
- 32:08to
- 32:09invest
- 32:09early,
- 32:10invest
- 32:10often
- 32:11and
- 32:11invest
- 32:12in
- 32:12women.
- 32:13While
- 32:14we
- 32:14love
- 32:14you,
- 32:15we
- 32:15love
- 32:15girls
- 32:15who
- 32:16invest.
- 32:16We
- 32:16love
- 32:17the
- 32:17programs
- 32:18that
- 32:18have
- 32:18been,
- 32:18that
- 32:19have
- 32:19been
- 32:19created
- 32:20for
- 32:20women
- 32:20who
- 32:20want
- 32:21to
- 32:21go
- 32:21into
- 32:21the
- 32:21financial
- 32:22service
- 32:22industry.
- 32:23Let's
- 32:23face
- 32:23it,
- 32:24most
- 32:24women
- 32:24don't
- 32:25want
- 32:25to
- 32:25go
- 32:25into
- 32:25the
- 32:25financial
- 32:26services
- 32:26industry.
- 32:27Most
- 32:27people
- 32:27don't
- 32:28go
- 32:28into
- 32:28the
- 32:28financial
- 32:29services
- 32:29industry.
- 32:30So.
- 32:30But
- 32:31everybody
- 32:31needs
- 32:31to
- 32:32invest.
- 32:32So
- 32:33how
- 32:33do
- 32:33we
- 32:33get
- 32:33our
- 32:33girls
- 32:34to
- 32:34do
- 32:34that?
- 32:34Our
- 32:34theory
- 32:35to
- 32:35Hypatia
- 32:35is
- 32:36it's
- 32:36not
- 32:36by
- 32:36talking
- 32:37about
- 32:37the
- 32:37returns,
- 32:38it's
- 32:39by
- 32:39showing
- 32:39them
- 32:39who
- 32:40they
- 32:40can
- 32:40be.
- 32:41Right.
- 32:42Like
- 32:42showing
- 32:43every
- 32:44woman
- 32:44who
- 32:45can
- 32:46be
- 32:46the
- 32:46CEO.
- 32:47Of
- 32:47the
- 32:47two
- 32:48that
- 32:48we've
- 32:48entered,
- 32:49one
- 32:49is
- 32:49Jill
- 32:49Vanco
- 32:50and
- 32:50the
- 32:50other
- 32:50is
- 32:50the
- 32:50CEO
- 32:51of
- 32:51SecureWorks
- 32:51which
- 32:52was
- 32:52recently
- 32:53bought
- 32:53so
- 32:53it's
- 32:54not
- 32:54going
- 32:54to
- 32:54be
- 32:54public
- 32:55soon.
- 32:55And
- 32:56there's
- 32:56also
- 32:56Bath,
- 32:57you
- 32:57know
- 32:57Bath
- 32:58and
- 32:58Body
- 32:58Works.
- 32:59Yes.
- 33:00William.
- 33:00William
- 33:00Sonoma.
- 33:01Yes.
- 33:02Yeah.
- 33:03Yes.
- 33:05And
- 33:06we
- 33:06need,
- 33:06we
- 33:07need,
- 33:07we
- 33:07need
- 33:07to
- 33:07take
- 33:08ownership
- 33:09for,
- 33:09for
- 33:09knowing
- 33:10these.
- 33:10I,
- 33:11that's
- 33:11what
- 33:11I'm
- 33:12coming
- 33:12away
- 33:12with
- 33:13right
- 33:13now.
- 33:13Patricia
- 33:14is,
- 33:15is
- 33:15exactly
- 33:15what
- 33:16you're
- 33:16saying.
- 33:16I
- 33:16want
- 33:16to
- 33:17know
- 33:17these
- 33:17women,
- 33:17I
- 33:18want
- 33:18to
- 33:18know
- 33:18these
- 33:18companies.
- 33:20I
- 33:20want
- 33:20to
- 33:21understand
- 33:22like,
- 33:22see,
- 33:23be
- 33:24able
- 33:24to
- 33:24identify
- 33:24these
- 33:25as
- 33:25mentors
- 33:26and
- 33:26as
- 33:27examples
- 33:28because
- 33:29we
- 33:29can't
- 33:29even
- 33:29name
- 33:30a
- 33:30woman
- 33:30who's
- 33:30a
- 33:31CEO.
- 33:32I
- 33:32think
- 33:32of
- 33:33Ginny
- 33:33Romney
- 33:34because
- 33:34she
- 33:34has
- 33:34this
- 33:34great
- 33:35book.
- 33:35Right.
- 33:35And
- 33:35she's
- 33:35no
- 33:36longer
- 33:36a
- 33:36CEO.
- 33:37Right.
- 33:37So
- 33:37it's
- 33:37the
- 33:38same
- 33:38thing.
- 33:39Wow.
- 33:39And
- 33:40so,
- 33:40so
- 33:40Hypatia
- 33:41Investathon.
- 33:42I
- 33:42do
- 33:42remember
- 33:42reading
- 33:43about
- 33:43this.
- 33:44How
- 33:44do
- 33:44we
- 33:44get
- 33:44involved
- 33:44with
- 33:45this?
- 33:45How
- 33:45do
- 33:45we
- 33:45support
- 33:46this?
- 33:46How
- 33:46do
- 33:46we
- 33:46get
- 33:46our
- 33:47girls
- 33:47involved?
- 33:47I
- 33:48have
- 33:48a
- 33:48high
- 33:48school
- 33:48student
- 33:49daughter
- 33:50who
- 33:50would
- 33:50love
- 33:50to
- 33:51do
- 33:51this.
- 33:51She
- 33:51has
- 33:51to
- 33:51wait,
- 33:52she
- 33:52has
- 33:52to.
- 33:52Wait
- 33:53a
- 33:53little
- 33:54bit
- 33:54for
- 33:54the
- 33:54investathon
- 33:55just
- 33:56because
- 33:56we
- 33:56don't
- 33:56have
- 33:57a
- 33:57solution
- 33:57for
- 33:57a
- 33:58minor
- 33:59Roth
- 33:59ira.
- 34:00Okay.
- 34:00Should
- 34:00be
- 34:01investing
- 34:01anyway.
- 34:01She
- 34:02could
- 34:02still
- 34:02take
- 34:02the
- 34:02class.
- 34:03You
- 34:03could
- 34:03still.
- 34:03We
- 34:03offer
- 34:04the
- 34:04certificate
- 34:05that
- 34:05says,
- 34:05you
- 34:05know,
- 34:05basic
- 34:06invest
- 34:06in
- 34:06basic
- 34:07certificate.
- 34:08And
- 34:09what
- 34:09we
- 34:09found
- 34:09is
- 34:10that.
- 34:13We.
- 34:14Are
- 34:15still
- 34:15looking
- 34:16for
- 34:17what
- 34:17is
- 34:18the
- 34:18hook
- 34:19that's
- 34:19going
- 34:19to
- 34:20make
- 34:20these
- 34:20girls
- 34:21want
- 34:21to
- 34:22learn.
- 34:22I
- 34:23look
- 34:23back
- 34:23at
- 34:23when
- 34:23I
- 34:23was
- 34:2420,
- 34:24I
- 34:24wasn't
- 34:24thinking
- 34:25about,
- 34:25I
- 34:26need
- 34:26to
- 34:26put,
- 34:26you
- 34:26know,
- 34:26the
- 34:27thousand
- 34:28dollars
- 34:28I
- 34:28put
- 34:28in
- 34:28today
- 34:29will
- 34:29be
- 34:29$70,000
- 34:30when
- 34:31I
- 34:31retire.
- 34:31I
- 34:31wasn't
- 34:32thinking
- 34:32that
- 34:32when
- 34:32I
- 34:32was
- 34:3320
- 34:33years
- 34:33old.
- 34:33I
- 34:34was
- 34:34seeing,
- 34:34you
- 34:35know,
- 34:35I
- 34:35want
- 34:35to
- 34:35buy
- 34:36the
- 34:36mascara
- 34:37from
- 34:38wherever
- 34:39it
- 34:39was.
- 34:40So
- 34:41we
- 34:41were
- 34:41really
- 34:42looking
- 34:42for
- 34:43a
- 34:43partner
- 34:44that
- 34:44can
- 34:44help
- 34:44us
- 34:45under
- 34:46how
- 34:46to.
- 34:47How
- 34:47to
- 34:47get
- 34:48young
- 34:48girls
- 34:50really
- 34:51interested
- 34:51in
- 34:51investing
- 34:52not
- 34:53for
- 34:53the
- 34:53present,
- 34:54but
- 34:55for
- 34:56the
- 34:56future.
- 34:57How
- 34:57to
- 34:57get
- 34:57a
- 34:57young
- 34:58person
- 34:58to
- 34:58understand
- 34:59how
- 35:00important
- 35:00it
- 35:00is
- 35:00to
- 35:00do
- 35:01something
- 35:01now.
- 35:02And
- 35:03that's
- 35:03a
- 35:03note
- 35:03we
- 35:03haven't
- 35:03cracked.
- 35:04So
- 35:04we've
- 35:04got
- 35:04a
- 35:05lot
- 35:05of
- 35:05homework.
- 35:05Right.
- 35:06We
- 35:06need
- 35:06to
- 35:06first
- 35:07and,
- 35:07and
- 35:08first
- 35:08we
- 35:08need.
- 35:08We
- 35:08need
- 35:08to
- 35:09make
- 35:09the
- 35:09WCO
- 35:10successful.
- 35:11There
- 35:11is
- 35:11no
- 35:11investathon
- 35:12without
- 35:12the
- 35:12wco.
- 35:13The
- 35:13important
- 35:14thing
- 35:14is
- 35:14to
- 35:14get
- 35:15the
- 35:15WCO
- 35:16in
- 35:16the
- 35:16knowledge
- 35:17sphere
- 35:17of
- 35:18every
- 35:18woman
- 35:19in
- 35:19the
- 35:20United
- 35:20States.
- 35:21Yes.
- 35:22How
- 35:23do
- 35:23we
- 35:23make
- 35:23sure
- 35:24every
- 35:24woman
- 35:24has
- 35:24at
- 35:25least
- 35:25one
- 35:25share?
- 35:26Okay,
- 35:27so,
- 35:27so,
- 35:27yes.
- 35:28And
- 35:28how
- 35:28do
- 35:28we.
- 35:29How
- 35:29do.
- 35:29So
- 35:29right
- 35:30now
- 35:30where,
- 35:30you
- 35:30know,
- 35:31you
- 35:31trailblazing
- 35:31ladies
- 35:32that
- 35:32are
- 35:32listening,
- 35:34tell
- 35:35somebody
- 35:35about
- 35:35it.
- 35:36Go
- 35:36tell
- 35:36your
- 35:36daughters,
- 35:37go
- 35:37tell
- 35:37your
- 35:37friends,
- 35:39go
- 35:39tell
- 35:39everybody.
- 35:40You
- 35:40don't
- 35:40have
- 35:40to
- 35:41be
- 35:41a
- 35:41woman
- 35:41to
- 35:41invest.
- 35:42No.
- 35:43It's
- 35:43a
- 35:43smart
- 35:43investment.
- 35:45Smart
- 35:45investment.
- 35:47It's
- 35:47also
- 35:48being
- 35:49part
- 35:49of
- 35:49this
- 35:50movement
- 35:51who
- 35:53take
- 35:55notice
- 35:56of
- 35:56the
- 35:57power
- 35:57we
- 35:57actually
- 35:58have.
- 35:58And
- 35:58I
- 35:58think
- 35:59Taylor
- 35:59Swift
- 36:00was
- 36:00in
- 36:00everybody's
- 36:01mind
- 36:01last
- 36:01summer
- 36:02and
- 36:02Beyonce
- 36:02as
- 36:03well.
- 36:04The
- 36:04Heiress
- 36:04tour.
- 36:05Right.
- 36:05It
- 36:05was
- 36:06Taylor
- 36:06Swift
- 36:07always
- 36:07about
- 36:07taking
- 36:08the
- 36:08industry
- 36:09and
- 36:10taking
- 36:11her
- 36:11own
- 36:11power.
- 36:12Right.
- 36:12Whether
- 36:12she
- 36:13bought
- 36:13back
- 36:13her
- 36:13catalog
- 36:14or
- 36:14she
- 36:14created
- 36:15the
- 36:15Heiress
- 36:15tour
- 36:16and
- 36:16created
- 36:17these
- 36:17massive,
- 36:18massive
- 36:19effects
- 36:19on
- 36:19these
- 36:20small
- 36:20economies
- 36:21of
- 36:21city
- 36:22or
- 36:22the
- 36:22city
- 36:22economies
- 36:23of
- 36:23cities
- 36:23she
- 36:23was
- 36:24touring
- 36:24in.
- 36:25And,
- 36:25and
- 36:26it
- 36:26really,
- 36:26I
- 36:27think,
- 36:27brought
- 36:28to
- 36:28the
- 36:28lexicon
- 36:29that
- 36:30Taylor
- 36:31Swift
- 36:31moves
- 36:32the
- 36:32economy.
- 36:33When
- 36:33you
- 36:34participate
- 36:35in
- 36:35her
- 36:35ERAS
- 36:35tour,
- 36:36you're
- 36:36part
- 36:36of
- 36:36that
- 36:37economic
- 36:37growth.
- 36:39So
- 36:39how
- 36:39do
- 36:39we
- 36:40get
- 36:40that
- 36:41kind
- 36:41of
- 36:42knowledge
- 36:43of
- 36:43every
- 36:44woman
- 36:44knowing
- 36:45that,
- 36:45hey,
- 36:46my
- 36:46dollars
- 36:47actually
- 36:47matter?
- 36:49Right.
- 36:51And
- 36:52so
- 36:52we
- 36:52have
- 36:52a
- 36:52call
- 36:52to
- 36:52action
- 36:53for
- 36:53International
- 36:54Women's
- 36:54Day
- 36:54on
- 36:54March
- 36:558th.
- 36:55Their
- 36:56call
- 36:56to
- 36:56action
- 36:56is
- 36:56100
- 36:57shares
- 36:57for
- 36:57women
- 36:57CEOs.
- 36:58But
- 36:59we're
- 36:59asking
- 36:59all
- 36:59women
- 37:00to
- 37:00do
- 37:00three
- 37:00things.
- 37:01Yes.
- 37:02One
- 37:03is
- 37:03to
- 37:03invest
- 37:04in
- 37:04one
- 37:04product
- 37:05that
- 37:05you
- 37:05know
- 37:06is
- 37:06supporting
- 37:07a
- 37:07woman
- 37:07entrepreneur.
- 37:08Just
- 37:09one.
- 37:09And
- 37:09if
- 37:10every
- 37:10woman
- 37:10in
- 37:10the
- 37:10US
- 37:10were
- 37:11to
- 37:11do
- 37:11one
- 37:11purchase
- 37:12that
- 37:12day.
- 37:12It
- 37:13would
- 37:13be
- 37:13huge.
- 37:14Two,
- 37:15make
- 37:15sure
- 37:15that
- 37:16you're
- 37:16doing
- 37:16some
- 37:17kind
- 37:17of
- 37:17helping
- 37:17women
- 37:18and
- 37:18girls
- 37:18activity
- 37:19or
- 37:20donation.
- 37:20Women
- 37:21don't
- 37:21receive
- 37:21enough
- 37:22for
- 37:22philanthropy.
- 37:24Oh,
- 37:24this
- 37:24is
- 37:24a
- 37:25known
- 37:25challenge
- 37:26within
- 37:26philanthropy.
- 37:27And
- 37:27third
- 37:28is
- 37:29invest
- 37:30in
- 37:30women.
- 37:31Whether
- 37:31it's
- 37:31one
- 37:32shares
- 37:32or
- 37:32the
- 37:32hundred
- 37:33shares
- 37:33we're
- 37:33requesting.
- 37:34So
- 37:35we're
- 37:35asking
- 37:35everybody
- 37:36to
- 37:36do
- 37:36those
- 37:36three
- 37:37things
- 37:37for
- 37:37International
- 37:38Women's
- 37:38Day
- 37:39to
- 37:39make
- 37:39this
- 37:40last.
- 37:41In
- 37:412023,
- 37:43there
- 37:43were
- 37:43over
- 37:4430
- 37:44billion
- 37:45mentions
- 37:46of
- 37:47International
- 37:47Women's
- 37:48Day.
- 37:48Yes.
- 37:49On
- 37:50the
- 37:50Internet.
- 37:5030
- 37:51billion.
- 37:52We
- 37:52did
- 37:52not
- 37:53see.
- 37:53It
- 37:53was
- 37:53one
- 37:53of
- 37:54our
- 37:54lowest
- 37:54days
- 37:55for
- 37:55volume
- 37:56ever.
- 37:56Oh
- 37:57my
- 37:57gosh,
- 37:57there's
- 37:58trading
- 37:58hands
- 37:59now.
- 37:59We
- 37:59were
- 37:59brand
- 37:59new.
- 37:59We
- 38:00were
- 38:00only
- 38:00two
- 38:00months
- 38:00old.
- 38:01So
- 38:01we
- 38:01want
- 38:02to
- 38:02change
- 38:02that
- 38:02in
- 38:022025.
- 38:03We
- 38:03want
- 38:04to
- 38:04make
- 38:04International
- 38:05Women's
- 38:05Day
- 38:05the
- 38:05day
- 38:06that
- 38:06we
- 38:06see
- 38:06the
- 38:06biggest
- 38:07vault
- 38:07trading
- 38:08volume.
- 38:09So
- 38:09we're
- 38:09asking
- 38:10everybody
- 38:10to
- 38:10do
- 38:10this
- 38:11on
- 38:11March
- 38:118th
- 38:12is
- 38:12a
- 38:12Sunday.
- 38:12So
- 38:12March
- 38:1310th,
- 38:14we
- 38:14are
- 38:14asking
- 38:15everybody
- 38:15to
- 38:16invest
- 38:17100
- 38:18shares
- 38:18for
- 38:19women
- 38:19CEOs.
- 38:20Oh,
- 38:21I
- 38:21love
- 38:21it.
- 38:22So
- 38:23put
- 38:23it
- 38:23on
- 38:23your
- 38:23calendars,
- 38:24ladies.
- 38:25Put
- 38:25it
- 38:25on
- 38:25your
- 38:26calendar
- 38:26for
- 38:26March
- 38:2710th
- 38:28to
- 38:28invest
- 38:29in
- 38:29w
- 38:30CEO.
- 38:31You
- 38:31can
- 38:31get
- 38:31it
- 38:32from
- 38:33wherever
- 38:33you
- 38:34are
- 38:34already
- 38:35investing
- 38:35money.
- 38:35And
- 38:36if,
- 38:36if
- 38:37you're,
- 38:37whoever
- 38:38your
- 38:38provider
- 38:38is,
- 38:38your
- 38:39broker
- 38:39is
- 38:39does
- 38:40not
- 38:40have
- 38:41access
- 38:41to
- 38:41it.
- 38:42You
- 38:42can
- 38:42open
- 38:42a
- 38:43account
- 38:44with
- 38:45with
- 38:45a
- 38:45Charles
- 38:46Schwab
- 38:46or
- 38:47with
- 38:47Robinhood,
- 38:48Sophie
- 38:48or
- 38:48E
- 38:48Trade
- 38:49and
- 38:49get
- 38:49access
- 38:50right
- 38:50away.
- 38:51I
- 38:51also
- 38:51want
- 38:52us
- 38:52to
- 38:52think
- 38:52about
- 38:52how
- 38:53we
- 38:53can
- 38:53spread
- 38:54the
- 38:54word.
- 38:54And
- 38:55I
- 38:55hope
- 38:56you
- 38:56listening,
- 38:57feel
- 38:57a
- 38:58sense
- 38:58of
- 38:59excitement,
- 39:00motivation
- 39:00and
- 39:00commitment
- 39:01to
- 39:02tell
- 39:02us
- 39:03your
- 39:03ideas.
- 39:03We
- 39:04want
- 39:04your
- 39:04ideas.
- 39:05I
- 39:05have
- 39:05no
- 39:05ownership
- 39:06in
- 39:06this
- 39:06at
- 39:06all.
- 39:06But
- 39:07I
- 39:07take
- 39:07dear
- 39:08ownership
- 39:08as
- 39:09a
- 39:09woman
- 39:09to
- 39:10help
- 39:10you,
- 39:11Patricia
- 39:11and
- 39:12help
- 39:12WCEO
- 39:13and
- 39:13all
- 39:14women
- 39:14exceed
- 39:15where
- 39:16they
- 39:16are
- 39:16right
- 39:16now
- 39:17and
- 39:17elevate
- 39:18into
- 39:18higher
- 39:19positions
- 39:19of
- 39:19power.
- 39:20The
- 39:20world
- 39:20is
- 39:20made
- 39:21better
- 39:22by
- 39:22women.
- 39:23You
- 39:24invest
- 39:24in
- 39:24women
- 39:25and
- 39:25it
- 39:25doesn't
- 39:26just
- 39:26help
- 39:26the
- 39:27woman,
- 39:27it
- 39:27helps
- 39:28everybody
- 39:29around
- 39:29her.
- 39:30Let's
- 39:31all
- 39:31together
- 39:31truly
- 39:32embrace
- 39:32this
- 39:33opportunity.
- 39:33You
- 39:34can
- 39:34visit
- 39:34Hypatia
- 39:35Capital,
- 39:36is
- 39:36that
- 39:37right?
- 39:37The
- 39:37actual
- 39:38ETF
- 39:39website
- 39:39is
- 39:40wceo
- 39:41ETF.com.
- 39:43there's
- 39:43a
- 39:43button
- 39:43that
- 39:44says
- 39:44buy
- 39:44here.
- 39:45It
- 39:45takes
- 39:45you
- 39:45to
- 39:45your
- 39:46investment
- 39:46account
- 39:46with
- 39:47a
- 39:47WCO
- 39:48pre
- 39:48populated.
- 39:49You
- 39:49can
- 39:49download
- 39:50there,
- 39:50see
- 39:51the
- 39:51pictures
- 39:51of
- 39:52the
- 39:52top
- 39:5210
- 39:53and
- 39:53see
- 39:53how
- 39:54inspirational
- 39:54it
- 39:54is.
- 39:55Seriously
- 39:55ladies,
- 39:56this
- 39:56is
- 39:56your
- 39:56opportunity.
- 39:57This
- 39:57is
- 39:58a
- 39:58true
- 39:59way
- 39:59for
- 39:59us
- 39:59to
- 39:59come
- 40:00together
- 40:00and
- 40:01make
- 40:01a
- 40:01difference.
- 40:02We
- 40:03need
- 40:03to
- 40:03help
- 40:04WCEO
- 40:05ETF
- 40:06get
- 40:06over
- 40:0710
- 40:07million
- 40:08and
- 40:08over
- 40:08100
- 40:09million.
- 40:09We
- 40:10need
- 40:10to
- 40:10invest
- 40:11in
- 40:11this
- 40:11so
- 40:12it
- 40:12can
- 40:12become
- 40:13readily
- 40:13available
- 40:14and
- 40:15more
- 40:15popular
- 40:15to
- 40:16all
- 40:16the
- 40:16different
- 40:17places
- 40:18that
- 40:18that
- 40:18are
- 40:19are
- 40:19promoting
- 40:20ETFs
- 40:21and
- 40:21investments
- 40:22investment
- 40:22vehicles.
- 40:23So
- 40:23this
- 40:24is
- 40:24an
- 40:24opportunity
- 40:25for
- 40:25us
- 40:25all
- 40:25to
- 40:25take
- 40:26action
- 40:26and
- 40:27go
- 40:27do
- 40:27it.
- 40:27It's
- 40:28super
- 40:28exciting
- 40:28and
- 40:29fun.
- 40:29Patricia
- 40:30thank
- 40:30you
- 40:31for
- 40:31being
- 40:31here.
- 40:32Thank
- 40:32you
- 40:32for
- 40:32sharing
- 40:33your
- 40:33wisdom.
- 40:34The
- 40:34voice
- 40:35of
- 40:35a
- 40:35woman
- 40:36in
- 40:36leadership
- 40:37is
- 40:38so
- 40:39precious,
- 40:40valuable
- 40:41and
- 40:42powerful
- 40:43and
- 40:43I
- 40:43just
- 40:44love
- 40:44being
- 40:44with
- 40:45you.
- 40:45Your
- 40:46energy,
- 40:47enthusiasm,
- 40:47intelligence
- 40:48and
- 40:48grit.
- 40:49I'm
- 40:50excited
- 40:50to
- 40:50go
- 40:51to
- 40:51your
- 40:51house
- 40:51later
- 40:51tonight
- 40:52and
- 40:52learn
- 40:52more.
- 40:53And
- 40:53for
- 40:54everybody
- 40:54listening,
- 40:55be
- 40:55sure
- 40:55to
- 40:55go
- 40:56and
- 40:56check
- 40:56it
- 40:56all
- 40:57out.
- 40:57Buy
- 40:57some
- 40:57WCEO
- 40:58ETF
- 40:59and
- 41:00to
- 41:00all
- 41:00you
- 41:01trailblazers
- 41:02listening,
- 41:02please
- 41:02be
- 41:02sure
- 41:03to
- 41:03follow
- 41:04like
- 41:04and
- 41:04share
- 41:05the
- 41:05wisdom
- 41:05of
- 41:05women.
- 41:05Show
- 41:06on
- 41:06whatever
- 41:07your
- 41:07favorite
- 41:08listening
- 41:08platform
- 41:09is
- 41:09and
- 41:09to
- 41:10infuse
- 41:10more
- 41:10wisdom
- 41:11into
- 41:12your
- 41:12business,
- 41:13take
- 41:13the
- 41:13Growth
- 41:14Readiness
- 41:14quiz
- 41:14at
- 41:15a
- 41:15ForceForGood
- 41:16biz
- 41:17quiz
- 41:18and
- 41:18uncover
- 41:19where
- 41:19your
- 41:20insight
- 41:20is
- 41:21needed
- 41:21most.
- 41:22Once
- 41:23again
- 41:23the
- 41:23world
- 41:23is
- 41:24made
- 41:24better
- 41:24by
- 41:25women
- 41:25led
- 41:26business.
- 41:27Let's
- 41:27all
- 41:28go
- 41:28make
- 41:28the
- 41:28world
- 41:29a
- 41:29better
- 41:29place.
- 41:30Thank
- 41:31you.